Archive for January, 2009

Petroleum Production Could Be A (Partial) Saviour For NZ

Some of the pain of the NZ’s economic downturn is being eased by expanding production in the petroleum sector. The $500m Maari oil project offshore in Taranaki is due to come on stream in the next few weeks, and the $1.1bn Kupe gas/condensate development is due to be commissioned in the third quarter of 2009. […]

Read more ...

New Unit To Add Grunt To Infrastructure Plans

Cabinet is expected to finalise details of a new advisory unit, probably inside Treasury, with a mix of public and commercial experience to give grunt to Infrastructure Minister Bill English and associate Steven Joyce. John Key wants urgent action on new roading projects. Water storage is also high on the Govt’s infrastructure agenda. Ministers have […]

Read more ...

Economic Debate – Minimum Wage: Up Or Static?

The prospect of a wage freeze for MPs and higher-paid public servants politicians was welcomed as a splendid exemplar in many quarters. But there is much hand-wringing from the Left at the prospect of the minimum wage being frozen – the Green Party’s Sue Bradford wails it’s the last thing our economy needs, (although the […]

Read more ...

Economic Debate – Half-Full or Half-Empty?

Highlighting the good economic news to be uncovered if we dig deep enough seemed like a good idea for this first issue of the new year, until TVNZ reported Prime Minister John Key’s wish an end be put to doom-and-gloom talk about the economy. Now it will seem we are obsequiously doing his bidding. But […]

Read more ...