Archive for September, 2010

Economic Debate – Is The Rebalancing Act Working?

NZ’s current account deficit slipped back into deficit in the June quarter, pushing the annual deficit ($5.6bn) from 2.4% to 3% of GDP. Forecasters see the deficit headed to 4% of GDP by year-end before worsening significantly as the recovery picks up. J P Morgan analysts recalled boosting savings had been a key objective of […]

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Petroleum Sector: An Action Plan For Petroleum – Is It Enough?

Energy Minister Gerry Brownlee vigorously massaged his petroleum action plan back to life at the biennial Petroleum Conference, putting Govt muscle into exploring the vast offshore methane hydrate resource, and beefing up the MED Crown Minerals Unit. Brownlee made it clear unlocking NZ’s petroleum potential is still top of his agenda, despite the political setback […]

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NZ Foreign Relations: Hillary Clinton Schedules NZ Call

The long awaited visit to NZ of US Secretary of State Hillary Clinton is now scheduled for November. This has been confirmed by the US Embassy in Wellington. Clinton planned a visit to NZ earlier but it had to be cancelled when she went to Haiti in the wake of the Caribbean nation’s devastating earthquake. […]

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Economic Debate – Still A Troubling Trans Tasman Wage Gap

Two years ago, Bill English brandished data showing a widening of the gap in after-tax income between Aust and NZ since Labour had taken power in 1999. The gap in average after-tax wages had reached 34% by 2007. The disparity began about 1984, widened substantially between 1991 and 1999 (during National’s term in office) but […]

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Law And Order: Key – “Kiwis Have A Right To Feel Safer”

John Key says law and order policy is a crucial part of his overall vision for NZ, “because I believe Kiwis have a right to feel safer.” Addressing the Sensible Sentencing Trust Conference this week, he cited what he sees as the Govt’s achievements – it has strengthened bail laws, reversing Labour’s “dangerous mistake,” toughened […]

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Politics: Key’s Pragmatic Search For Solutions To Society’s Problems

Former Labour leader Mike Moore (now NZ’s ambassador in Washington) is quoted as saying “we in the Labour Party have a serious problem with John Key. He’s a very hard man to hate.” Key’s popularity however doesn’t rest simply on his likeability. He’s got a quality rare among politicians in tackling issues which most would […]

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