Politics 🗳️ NZ Politics

We’re back in action as a country, but of course it’s just the start.

Give it 6 more months of our farmers doing well again and lower interest rates and the country will have a much more positive vibe 👍


Official stats showing the longest recession in 30 years has ended 🎉. Delusion is not wanting the doom and gloom to finish!
It was just a data point yesterday that was fairly meaningless. However agree on the farmers, things going well for them. Elsewhere the general trend remains down.
 

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No green shoots yet
Disagree. I was just talking to Mike a week or so ago about the positivity I’ve seen in the housing market.

In tourism it’s been a great summer with more to come.

Farming has been doing very well.

It will take a while for that to flow through to the cities and unemployment rates but it’s looking more positive for later in the year than late last year.
 
I'm sure he's putting those merger and acquisition skills he honed at Unilever to good use. Lol.
Possibly some good upside for wine, fruit and lamb exports. Perhaps not so good for dairy and beef.
Act has been stirring up conflict between farmers and act. National can’t afford to get offside with dairy and beef at the moment
 
It was just a data point yesterday that was fairly meaningless. However agree on the farmers, things going well for them. Elsewhere the general trend remains down.
Eleven of the 16 industries increased this quarter.

Recessions OVER!

I guess the media would rather talk about some kids free lunch not being tasty enough though 🤣
 
Act has been stirring up conflict between farmers and act. National can’t afford to get offside with dairy and beef at the moment
Superb politics and the right has got their act (no pun intended) together at last.

The far right needs to be pulling hard and being extreme to create space so that National can move right but appear central.

ACT bleating on one side, Labour complaining on the other and National appears the sensible voice of reason in the middle. Perfect politics.

ACT has to differentiate itself from National to pull the centre right, just like the Greens did superbly for Labour last term.

All part of the politics game that up until now, the right hasn’t got right.
 
Superb politics and the right has got their act (no pun intended) together at last.

The far right needs to be pulling hard and being extreme to create space so that National can move right but appear central.

ACT bleating on one side, Labour complaining on the other and National appears the sensible voice of reason in the middle. Perfect politics.

ACT has to differentiate itself from National to pull the centre right, just like the Greens did superbly for Labour last term.

All part of the politics game that up until now, the right hasn’t got right.
That’s an optimistic view but act and national have done nothing to show they’re on the same page. The play you’re trying to create requires national and act being able to show voters they can be stable which they aren’t doing yet. Can see the Seymour half term at deputy pm being a disaster. Was the same last election where national and act took each other’s voters and I can see rural being the same. They only trading voters and not picking up new voters
 
I’ve just completed a company reporting season & things are still tough mate. Things will recover but for the most part it isn’t yet.
I think Wiz is looking at this from 'it's good for me' perspective. Tourism, housing - For all his chat about the need for productivity gains, he's in the low wage, low-productivity, rentier business. Crowing endlessly! Lol.
 
I’ve just completed a company reporting season & things are still tough mate. Things will recover but for the most part it isn’t yet.
Construction is brutal. Got my ute serviced the other day and owner said massive downturn because of tradies having minimal work so aren’t doing the km’s, and not needing vehicles serviced as frequently. The trickle down effect is massive
 
Amazing that there have been 12 Governments since this ship struck a mine.... and none of them have even thought it was necessary to do a survey of the wreck despite them receiving official advice to do so. Potential environmental government sponsored inactivity at it's worst!!!

Spent a lot of time around the close by Moko Hinau group of Islands.
Would be terrible if they were damaged in anyway by oil leak from the wreck.
Largely unspoiled Islands with many species of fish. Beautiful rugged place 😍
 
IMO, National's only hope of getting a second term is to have a huge drop in unemployment, a big increase in GDP, more interest rate drops and the government to be starting to spend money again. Otherwise, Luxon will be a "one hit wonder"... without being wonderful at all.
 
Construction is brutal. Got my ute serviced the other day and owner said massive downturn because of tradies having minimal work so aren’t doing the km’s, and not needing vehicles serviced as frequently. The trickle down effect is massive
Did I see it was down 3% in the quarter? That is brutal for not just the tradies, but NZ as a whole. The leak of skills to Australia must be phenomenal with this sort of downturn.
 
Did I see it was down 3% in the quarter? That is brutal for not just the tradies, but NZ as a whole. The leak of skills to Australia must be phenomenal with this sort of downturn.
Construction is cycling a period where it was down 30% so the decline is flattening out, but down a lot. Another thing more generally to be mindful of is that 12 months ago there was a lot of destocking as manufacturing & retail industries moved from just-in-case back to just-in-time inventory levels. So there is some uptick related to that. Most are still seeing same-customer volume declines.
 
Construction is cycling a period where it was down 30% so the decline is flattening out, but down a lot. Another thing more generally to be mindful of is that 12 months ago there was a lot of destocking as manufacturing & retail industries moved from just-in-case back to just-in-time inventory levels. So there is some uptick related to that. Most are still seeing same-customer volume declines.
Govt should be helping smooth the boom bust cycle in such a critical sector. They have the mechanisms to do it and we need the housing/infrastructure and to retain the workforce.
 
Did I see it was down 3% in the quarter? That is brutal for not just the tradies, but NZ as a whole. The leak of skills to Australia must be phenomenal with this sort of downturn.
Last time I can remember so many tradies either leaving the industry or heading to Australia was in the early 2000's. It coincided with the Helen Clark government reducing the state rents from National's "market rents" to "income associated rents" which was a brilliant thing for those in a state house but meant that the bottom end of the housing market fell away as there wasn't the demand for "nappy valley" houses anymore.

At the same time, large commercial developments stopped so a number of the larger firms moved from that into building residential homes... where the builders and hammer hands had no experience and helped exasperate the leaky homes crisis.... think of Parnell Terraces, Summerfield Villas in Grey Lynn and Sacramento in Botany, which were all built by companies which traditionally built high-rise buildings.
 
Govt should be helping smooth the boom bust cycle in such a critical sector. They have the mechanisms to do it and we need the housing/infrastructure and to retain the workforce.
Rural certainly has been assisted over the years when things have been tough for the industry. Recognition that that’s an industry that our country has been built on, but there’s still a lack of infrastructure
 
Rural certainly has been assisted over the years when things have been tough for the industry. Recognition that that’s an industry that our country has been built on, but there’s still a lack of infrastructure
They could have just kept the KO builds going - it's all being constructed by the private sector. No 'drought relief' hand outs required.
 
    Nobody is reading this thread right now.
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