Managing Director at Bagrie Economics. Independent. straight shooting economics insights most Sundays 8pm. Details at https://teapaw.org/t.co/cCeahIr699
Wellington
Joined January 2015
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A theme I’m picking up on is problems with the PMs office. Major announcements with late organized events and small audiences or poor execution. Below is just another example. Luxon’s office admits leaking Hipkins letter to Herald | Stuff stuff.co.nz/politics/3608420…
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Candidate for best piece of literacy in 2025. Letters: A Kiwi road cone ode; what is art? - NZ Herald nzherald.co.nz/nz/letters-a-…
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From Stuff “.Close to half of all mortgage-holders are due to refix their loans in June, Willis added, which equates to more than half a million loans.”
No way this is right. Haven’t seen the clip so not sure whether journalist got wrong end of the stick when it came to answer.
Brilliant last line. “Now, if only someone could embed “how to pack a lunchbox your child will actually eat” into the curriculum, we’d really be winning”. The financial literacy education curriculum change parents have been waiting for – Cecilia Robinson nzherald.co.nz/business/the-…
We might not have tariffs in NZ but we provide subsidies. No surprises here to see USA targeting this area given what has already taken place. NZ film officials discussing Donald Trump’s announcement of 100% tariff on films produced outside US - NZ Herald nzherald.co.nz/nz/politics/n…
$13.5 million for “could bring” 23.000 visitors? That’s $587 per visitor. That’s almost paying the airfare for an Aussie arrival. Live: Government announces $13.5m to ‘turbocharge’ tourism numbers | Stuff stuff.co.nz/politics/3606058…
I asked for numbers behind this straight away via the Ministers office. Referred to MOD to provide data. Still waiting. What’s the problem providing data points? Multi-billion dollar Defence plan unveiled | @JudithCollinsMP @NZNationalParty beehive.govt.nz/release/mult…
Great day. While short on details there is teeth in this. The market is not working so you address the problem, which is market structure. Supermarkets ‘on notice’, face break-up threat: Willis | BusinessDesk businessdesk.co.nz/article/r…
How about we keep disagreements and different views respectful and not spiteful? Use of the *uck word just a reflection of the poster
Jesus, just because Trump did it, doesn't make it needed in Aotearoa. Fuck off. nzherald.co.nz/nz/politics/w…
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If NZ loses a notch for its institutional rating when they review the central government we fall into the AA rating, down from AA+. Central government policy churn drags down local government credit ratings | BusinessDesk businessdesk.co.nz/article/f…
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What’s the odds NZ does the same and raises defence spending and cuts the foreign aid budget. Any funding increase for defence will need to come from multiple areas. UK defence spending to rise to 2.5% of GDP by 2027 -| Politics News | Sky News news.sky.com/story/starmer-s…
Notification from genesis today. Electricity fixed line +13%.Electricity +11.6%. Gas fixed line +24%. Gas +29%. Mercury sees average 9.7% power price rise from April - NZ Herald. Here comes some non economically sensitive inflation the RBNZ can’t control nzherald.co.nz/business/merc…
Big issue here is the banks, pricing for risk via margins but not taking a lot. High ROE but low standard deviation of returns across the business cycle
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I’m doing a Sunday evening straight shooting economic update each week. 8pm covering local and global developments. It’s recorded so can be replayed. Small charge. bagrieeconomics.co.nz/#subsc…
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$3 per litre given 56 cent nzd/usd and Dubai oil price around $76 per barrel. But lower currency good for exporters. Petrol prices set to rise as foreign sanctions, weak NZ dollar bite - NZ Herald nzherald.co.nz/business/nz-p…
Bugger. The word is getting out about twizel. Just got off the lake. Magical. The ‘packed in summer’ town feeling the pressure of a tourism boom | Stuff stuff.co.nz/travel/360525515…
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Unemployment. Global turmoil and housing/interest rate the top three issues for economists in 2025. My 1#was division, 2# was productivity and 3# non tradable inflation/fiscal policy. Economists pick the three big issues for NZ in 2025 - NZ Herald nzherald.co.nz/business/nzs-…
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