The fascinating thing, for those of us who are followers of economic trends, is that nobody knows what is going to happen to our economy. Or the economy anywhere, for that matter. There are some who know a lot, but most are just tongue flappers. One thing is that our media, in its weakened … [Read more...]
This Week: Joanna Norris Christchurch NZ
This week we have Joanna Norris, CEO from ChristchurchNZ, te City’s economic development organisation. It really is important that we focus how we rebuild our economy and how we support each other to develop new businesses. Here is an article from the Press on ChristchurchNZ’ s launch of their … [Read more...]
Money lenders and Credit Rating Agencies
Societies having a problem with money lenders has been around for ever. Here is a painting which Rembrandt painted in 1635. It demonstrates Christ driving the money lenders from the Temple. It has always been one of my favourite parts of the bible. Greedy bastards playing on people’s … [Read more...]
A sub-set of economic considerations, Credit Rating Agencies:
I think I have written about this, but I’m going to, again. Credit rating agencies are strutting all over the world’s finance stage again. The story is really relevant to these days. Shortly after I became Mayor, CCC received notification that Standard and Poors was considering downgrading our … [Read more...]
Construction Sector accord
In an article in Newsroom this week it was reported that: In stages this led to the Construction Sector Accord between the sector and the Government last April and their Construction Sector Transformation Plan launched in January. This is focused on six areas: leadership; … [Read more...]
Reimagining tourism in New Zealand:
Recently the Government has announced that it has appointed Tourism NZ to undertake a review of the future of tourism. A number of organisations were critical of this decision. The Federated Mountain Clubs (FMC) president Jan Finlayson says tourism is inherently at its best “when it’s not … [Read more...]
When will the Government start taxing Facebook and Google?
In the Spinoff last week, it was commented, when referring to the impact on local media by Facebook and Google: A good interim solution would be to stop trying to find a direct and unequal value exchange between news media and the platforms and to instead raise a tax on digital giants directly. … [Read more...]
Government intervention in the “market” could address housing challenges
The Government assisted the housing market post Christchurch earthquakes. It interfered with the market. Have a look at the gap between our housing affordability and the rest of NZ on the graph below which was in Newsroom this week. We always had a slight margin but this graph shows that it … [Read more...]
We need to have a mature discussion about how we can find other uses for the Convention centre:
It’s time for a community discussion about how this City will use the Convention Centre. It has cost $500m+ to build. What are we going to use it for? It has closed off Christchurch streets. Somebody rang me recently and suggested that it should have been painted white; to go with its elephant … [Read more...]
Politicians and media “commentators” need to be realistic or they will get ripped up
When Boris Johnson appeared in front of 10 Downing Street recently this was one reaction to his speech: “Many will be looking at our apparent success,” Boris continued. At which the only sound to be heard was of jaws hitting the pavement. To be fair, even he looked a bit embarrassed at that … [Read more...]
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