Decent discounts going on EV’s at the moment, dealerships massively overstocked.
Politics 🗳️ NZ Politics
- Thread starter wizard of Tauranga
- Start Date
NZWarriors.com
Was in Europe and the UK recently, anything with a battery is seriously becoming an insurance problem
Yeah and concerns over battery life. Also the depreciation that EV’s have seen has been big. Anyone driving a Tesla out of the lot is down $30k.
NZWarriors.com
Makes you wonder if the power issues that we seem to have these days that we didn’t used to is contributed to ev’s and what they’re sucking out of the grid? Most likely due to a larger population but shows that there’s no way they are the future with the power consumption that would occur if we all drove one
From memory if the entire vehicle fleet switched across to EV then it would lift electricity demand by 15%. Given the time frame that would occur over I don’t think it would be a major problem.
15% on top of a power system that hasn’t generated as much power as anticipated through low hydro levels seems like it could be a problem since you can’t control such things? Then there’s the conundrum of not being able to charge your car due to power outages for whatever reasons. Everyone has to invest in backup generators
NZWarriors.com
CGT endorsement from the IMF
New Zealand: Staff Concluding Statement of the 2024 Article IV Mission
New Zealand’s economic activity has slowed following monetary policy tightening and a decline in investment.
www.imf.org
Now youre are getting it..
I'm sorry but not increasing the tax thresholds, as Labour have advocated, is the direct opposite of having a progressive tax system. Why? Because to remain "progressive" a certain percentage of the population has to stay within the tax bands but tax creep (where people move up into the next tax band due to wage increases) undermines a "progressive" tax system by pulling too many people up into a higher tax bracket. Adjusting the thresholds isn't about tax breaks for the rich but maintaining a "progressive" tax system at the portions originally designed for the system i.e. 10% in the lowest, 15% in the next and so on. Without adjusting the thresholds, to many lower paid people get taken up to the next threshold so their nominal tax rate increases and the proportion of their wages they take home decreases.CGT endorsement from the IMF
View attachment 9719
New Zealand: Staff Concluding Statement of the 2024 Article IV Mission
New Zealand’s economic activity has slowed following monetary policy tightening and a decline in investment.www.imf.org
What is interesting is that the IRD are currently reviewing the tax system including a way of taxing "capital" income. It will be interesting how they go because they're considering land taxes, gift duty and estate duty as well as CGT and wealth taxes. Personally, I'm in favour of gift and estate duties as they will help reduce the transfer of wealth from the boomers downwards but not effect the finances of the people whose wealth has increased... just those receiving it. Plus the Treasury gets a higher percentage of money from the IRD for gift duties and estate duties because of less compliance and administration costs.... i.e. more bang for your buck!!
NZWarriors.com
the coalition is disconnected from reality, and plugged in to their own corporate donor reality
www.rnz.co.nz
Business cases for large roading projects 'disconnected' from reality - ministry
The government have been told business cases for many projects - even large roading projects - have become so weak that they are disconnected from reality.
www.rnz.co.nz
- Thread starter
- #11,291
Ev’s and air conditioning in rentals were both govt pushed without any planning for increased power generation.
Yes but it would be 20 years at least for our fleet to fully shift away from IC vehicles. There’s no big step change coming from EV’s any time soon. No way I’d buy one with the current battery technology.
NZWarriors.com
My wife got a phev, gets 80km to a charge. Worked out good for us. Probably gets ~3.5k km per tank.
Also got solar and $3k + per aannum and can survive when we get power cuts. Pretty rural so we need it.
Also got solar and $3k + per aannum and can survive when we get power cuts. Pretty rural so we need it.
- Thread starter
- #11,294
Stats NZ: GDP per capita decreased by 0.5 percent in the June 2024 quarter. The last time GDP per capita increased was in the September 2022 quarter. On an annual basis, to the year ended June 2024 GDP per capita fell 2.7 percent.
Labour has delivered us a knackered economy with almost 2 years of negative growth and counting. That’s real money making us all poorer, lowers the tax base and means we can’t afford so much on social services and health…
Luxons hard at work focusing on the economy and getting government costs under control. Lowering our taxes, reforming the RMA, removing barriers, etc, etc.
Labour meanwhile on Q+A, where they could lay out a vision for NZ, Hipkins talked about more taxes to “expand the tax base” and said our debt-laden economy “needed to borrow more money” to fund infrastructure and services. When did Labour last talk about policy to actually grow the economy instead of tax and borrow?
So yesterday meat processors were shutting because of Labours land use push to farming trees instead of meat and Labours drive to lower herd numbers. Meanwhile Luxons overseas on trade missions, the difference between the 2 parties is clear.
More focus on growing NZ out of its economic doldrums needed. That’s the real issue affecting all NZers in the pocket after Labour left us with in a dismal economic downward spiral.
Labour has delivered us a knackered economy with almost 2 years of negative growth and counting. That’s real money making us all poorer, lowers the tax base and means we can’t afford so much on social services and health…
Luxons hard at work focusing on the economy and getting government costs under control. Lowering our taxes, reforming the RMA, removing barriers, etc, etc.
Labour meanwhile on Q+A, where they could lay out a vision for NZ, Hipkins talked about more taxes to “expand the tax base” and said our debt-laden economy “needed to borrow more money” to fund infrastructure and services. When did Labour last talk about policy to actually grow the economy instead of tax and borrow?
So yesterday meat processors were shutting because of Labours land use push to farming trees instead of meat and Labours drive to lower herd numbers. Meanwhile Luxons overseas on trade missions, the difference between the 2 parties is clear.
More focus on growing NZ out of its economic doldrums needed. That’s the real issue affecting all NZers in the pocket after Labour left us with in a dismal economic downward spiral.
All governments for the last three decades have failed to invest the dividends back into the infrastructure. Privatisation has seen further wealth extraction for the already wealthy. Meanwhile, due to greed and interference the world still has an overreliance on fossil fuels, which also fuel climate change (yes Frank, come on, you can do it, it's true, science says so) add untold environmental destruction and are themselves a very finite resource.
So there is a need to shift to ev/hybrid/public transport that only those with an extreme regressive tendency, or self serving interest, or very conservative, or just want to make sure nothing changes, or all of the above are trying to actively prevent.
Oh and the foundational aspect of all of this is that it's all turbo powered by neoliberalism.
So hardly the ev/hybrid/aircon fault.
We have to change. Most of those over 60 won't have to care about their impact, but everyone else left on this planet will.
NZWarriors.com
Bullshit. This government are fucking us over completely. Manufactured recession.
Meanwhile, this extremely poor decision has costs us over 450 million to date and could reach 500 million
www.odt.co.nz
Korean officials told via text messages contract to build new Cook Strait ferries cancelled
An hour before the public was told, NZ officials notified their Korean counterparts via text message their contract to build the new Interislander...
www.odt.co.nz
Meanwhile, all of these cuts are to pay for a tax cut THAT WE CAN'T AFFORD
Causing untold misery and pain to hundreds of thousands, if not millions of New Zealanders
Give us a health system for all new zealanders, fully funded and decent hospitals over some bribe that enriches the already wealthy more than anyone
Causing untold misery and pain to hundreds of thousands, if not millions of New Zealanders
Give us a health system for all new zealanders, fully funded and decent hospitals over some bribe that enriches the already wealthy more than anyone
NZWarriors.com
Nice work - how much was the solar installed? Presuming it has a wind rating in case of storms etc
‘Better times ahead’: Consumer confidence bounces to 32-month high
Expectations about the future driving consumer confidence.
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