http://www.johnwalley.co.nz 5 169 Over the past couple of years our apparent resilience to the financial crisis and optimistic forecasts of economic growth have been used to justify the Government’s status quo approach. Record high... http://www.johnwalley.co.nz/169-accountability_needed_on_poor_.aspx Fri, 20 Jan 2012 03:01:58 GMT 168 Numbers were a big issue leading up to the election. There was debate on the level of spending, net debt vs. gross debt and the time it will take a particular policy framework to deliver a surplus... http://www.johnwalley.co.nz/168-escaping_the_debt_trap.aspx Sun, 18 Dec 2011 20:55:12 GMT 167 Policies to help the traded sector were one of the themes of the election campaign with a contrast in approach between the two major parties clearly evident. National argued that more of the same... http://www.johnwalley.co.nz/167-new_government_needs_to_walk_t.aspx Wed, 07 Dec 2011 22:09:08 GMT 166 This is worth a watch: in a world sinking in debt it is time to fix the systemic problem. Steve Keen has some different ideas: http://news.bbc.co.uk/2/hi/programmes/hardtalk/9641873.stm http://www.johnwalley.co.nz/166-debt_write_off_steve_keen.aspx Thu, 24 Nov 2011 22:11:23 GMT 165 It is exasperating to watch gossip about what may or may not have been said distract from serious matters in an election process. Why is it that gossip and speculation warrants more media attention... http://www.johnwalley.co.nz/165-what_happens_when_the_tea_part.aspx Tue, 22 Nov 2011 01:24:57 GMT 164 The political race has come to the fore after the end of the rugby world cup. There has been some interesting policy released. Coming on top of earlier releases on fiscal and monetary policy... http://www.johnwalley.co.nz/164-election_starts_to_bring_polic.aspx Wed, 09 Nov 2011 23:18:10 GMT 163 The voice of the real economy needs to be stronger in New Zealand, every year, but particularly in an election year. The NZMEA has launched a website, Changenz.co.nz... http://www.johnwalley.co.nz/163-changenz.aspx Wed, 19 Oct 2011 23:41:17 GMT 162 Credit rating downgrades from Fitch and Standard and Poor’s have once again highlighted New Zealand’s problem with balancing its current account with the world. Low local savings and an appetite... http://www.johnwalley.co.nz/162-current_account_problem_grows_.aspx Thu, 06 Oct 2011 21:24:14 GMT 161 The potential for European countries and their banks to default on debt raises the question of what impact these defaults would have on the global economy. • What impact will the European crisis... http://www.johnwalley.co.nz/161-what_impact_will_the_european_.aspx Mon, 19 Sep 2011 22:09:14 GMT 160 This years’ election can deliver a change in our economic framework and address an already significant debt problem. Elections over the past couple of decades have tended to be contests of who can... http://www.johnwalley.co.nz/160-election_year_must_deliver_pol.aspx Fri, 02 Sep 2011 05:26:28 GMT 159 Further instability overseas is making the debt path proposed in the Budget look increasingly optimistic. After the Budget we were left with the feeling that the Government had underestimated the... http://www.johnwalley.co.nz/159-global_problems_further_discre.aspx Fri, 19 Aug 2011 05:02:49 GMT 158 Here is the text of a presentation I did for 'Fresh Ideas for a Productive Economy', a seminar organised by the Fabian Society and held in Parliament. The presentation slides are available here... http://www.johnwalley.co.nz/158-fresh_ideas_for_a_productive_e.aspx Wed, 03 Aug 2011 01:32:15 GMT 157 Labour’s tax plan announced last week represents an effort to rebalance the economy towards productive enterprise and away from unproductive assets. With the tax system as it is now investment in... http://www.johnwalley.co.nz/157-tax_on_capital_gains_long_over.aspx Thu, 21 Jul 2011 04:05:28 GMT 156 A Conference on ‘New Zealand's Macroeconomic Imbalances’ was held by the Treasury, the Reserve Bank and Victoria University last month. The Conference was designed to build on a similar forum in... http://www.johnwalley.co.nz/156-conference_must_deliver_someth.aspx Wed, 13 Jul 2011 00:40:01 GMT 155 The New Zealand dollar has reached a post float high against the US dollar and has tracked up against almost all major currencies over the past few weeks. This has reinforced the need for... http://www.johnwalley.co.nz/155-what_will_it_take_for_a_moneta.aspx Thu, 09 Jun 2011 22:38:26 GMT 154 A recent editorial in the Herald demonstrates a narrow and misinformed view of what research and development really means. See: http... http://www.johnwalley.co.nz/154-misunderstanding_rd_incentives.aspx Wed, 25 May 2011 06:19:33 GMT 153 A good many official statistics that are well worth a look. Start with 4.1.10, 4.1.11 & 4.1.13 wonder what they know we don't. A look at 5.4.7 shows why export investment in differentiated... http://www.johnwalley.co.nz/153-statistics_maybe_lies_maybe_no.aspx Tue, 24 May 2011 04:59:35 GMT 152 The 2011 Budget was one of a surprising lack of urgency and a demonstration that Government really does not understand, or is choosing to ignore, the magnitude of what faces us. There was little to... http://www.johnwalley.co.nz/152-budget_forecasts_aggressive_gr.aspx Mon, 23 May 2011 05:17:02 GMT 151 Increasing foreign ownership and offshore debt sets up a flow of interest and profits out of NZ. Given that: we either earn more with what is left or spend less, otherwise foreign ownership will... http://www.johnwalley.co.nz/151-slip_sliding_away.aspx Fri, 20 May 2011 00:44:50 GMT 150 Its election year, so we have invited every brand of New Zealand politicians to speak to our Members. I will be blogging on all these sessions from now on. On Monday evening this week, due to the... http://www.johnwalley.co.nz/150-talking_the_talk_election_2011.aspx Tue, 17 May 2011 23:15:45 GMT