#he nzlyer
Has @WgtnCC now or ever being a #LivingWage employer? @JordNZ
24 Feb 2017 Leave a comment
in applied price theory, labour economics, politics - New Zealand
#he nzlyer
Did @LivingWageNZ say parking wardens paid living wage @matdanaher @JordNZ
24 Feb 2017 Leave a comment
in applied price theory, labour economics, personnel economics, politics - New Zealand
Source: Living Wage Aotearoa New Zealand THE LIVING WAGE MOVEMENT (undated).
Inconvenient report by @LivingWageNZ now broken link @TaxpayersUnion @JordNZ
24 Feb 2017 Leave a comment
in applied price theory, labour economics, personnel economics, politics - New Zealand
The report was my source for the Wellington Parking wardens not being rehired after their jobs were upgraded to a living wage job. The jobs were taken in house as a legal subterfuge to get around the inability to pay them the living wage when they are employed by Parkwise, a council contractor. The Local Government Act requires value for money to be secured if you pay more for a service.
Source: The campaign to become New Zealand’s first Living Wage council Living Wage Wellington’s journey with Wellington City Council — review of the first three years. Lyndy McIntyre Community organiser, Living Wage Movement Aotearoa NZ January 2016 no longer available at https://d3n8a8pro7vhmx.cloudfront.net/nzlivingwage/pages/89/attachments/original/1456712781/Living_Wage_update_2016_FCSPRU_2.16.pdf?1456712781 via
Honest broker The Opportunities Party forgets its own history
23 Feb 2017 Leave a comment
in applied price theory, fiscal policy, politics - New Zealand, Public Choice, public economics
Competitor welcomes @NZComCom blocking efficiency enhancing merger that threaten their profits
23 Feb 2017 Leave a comment
in applied price theory, industrial organisation, politics - New Zealand
Source: Sky TV shares hammered, down 17 per cent – Business – NZ Herald News.
If the merger was anti-competitive, that means prices to consumers were supposed to go up., the competitors to the newly merged firm can follow these prices up and make more profits either through more effective collusion or by acting as the competitive fringe to a dominant firm.
Infallible proof Vodafone SkyTV merger is pro-competitive
23 Feb 2017 Leave a comment
in applied price theory, economics of regulation, entrepreneurship, industrial organisation, politics - New Zealand Tags: antitrust economics, merger law enforcement
Why would rivals oppose reduced competition, which means they can put their prices up too? That is what reduced competition means.
Venial behaviour in the New Zealand public sector @JordNZ
22 Feb 2017 Leave a comment
in economics of bureaucracy, politics - New Zealand
One of the things I noticed after coming to New Zealand was the petty veniality in government departments.
I noticed it in the first week when I discovered employers pay for farewells. No chance in Australia. We take them out for lunch, and we have a wipe round to pay for their lunch. If it was a retirement function, such as for a long serving employee, the senior staff would pay for it out of their own pocket. The taxpayer never ever paid.
Then I noticed that public servants would charge lunches with each other to their government credit card. They would buy wine.
It got worse when I noticed who went on overseas trips. When it was a more exotic location, a much more senior manager felt the need to represent his country. I thought most overseas travel was a waste of time so we actively avoided it and never proposed a trip.
Enthusiasm in the minister’s office for going to a rather boring International meeting picked up no end when they discovered it was in Istanbul.
Then to my astonishment, I found that government employees would take holidays at the end of their business travel. If you tried that in Australia, you would be fired. It would never be considered.
If you were on an interstate secondment, you are entitled to take leave equal to the amount of time you accrued while on that secondment.
Clearly, it would give an appearance of bias when you are writing the business case if you could get it business class air ticket to the other side of the world and then take a long holiday on the way back.
New Zealand seems to employ a lot of contractors as policy analysts. I have never heard of such things in Australia. If you could not recruit and retain enough analysts to work through peaks and troughs in the workload, you were not a very good manager. If it was a real crisis, you found someone who was not busy from within the organisation and had them seconded to your team.
In more than a few places, these contractors seemed to be good friends of the manager. These contractors can be hired so quickly and in such number that a new manager has no time to talk to his existing staff about what they do, what they might do or what skill sets they might have.
I was talking to a British colleague once about how he would always refuse any attempts by people to buy him lunch or a beer. Like me, he would be up the back eating his own sandwiches while the senior executives tucked into 3 course lunches provided by various lobby groups.
Until I came to New Zealand, the taxpayer had never bought me lunch, a beer, or an air ticket. I was very careful to refusal offers of hospitality from outsiders. If an offer was made, I thought they were up to something.
First time I have heard Milo speak
19 Feb 2017 Leave a comment
in politics - USA Tags: crybaby left, Leftover Left
How much will Morgan’s capital tax cost you?
19 Feb 2017 3 Comments
in fiscal policy, politics - New Zealand, public economics
| Average house value January 2017 | Morgan capital tax 6% return |
Morgan capital tax 3.5% return |
|
|
New Zealand |
$631,302 |
$11,363 |
$6,629 |
|
Main Urban Areas |
$754,572 |
$13,582 |
$7,923 |
|
Auckland Area |
$1,047,699 |
$18,859 |
$11,001 |
|
Wellington Area |
$582,322 |
$10,482 |
$6,114 |
|
Far North District |
$389,811 |
$7,017 |
$4,093 |
|
Whangarei District |
$463,319 |
$8,340 |
$4,865 |
|
Kaipara District |
$463,896 |
$8,350 |
$4,871 |
|
Rodney District |
$933,456 |
$16,802 |
$9,801 |
|
Rodney – Hibiscus Coast |
$908,966 |
$16,361 |
$9,544 |
|
Rodney – North |
$961,450 |
$17,306 |
$10,095 |
|
North Shore City |
$1,214,291 |
$21,857 |
$12,750 |
|
North Shore – Coastal |
$1,387,368 |
$24,973 |
$14,567 |
|
North Shore – Onewa |
$971,364 |
$17,485 |
$10,199 |
|
North Shore – North Harbour |
$1,189,924 |
$21,419 |
$12,494 |
|
Waitakere City |
$836,574 |
$15,058 |
$8,784 |
|
Auckland City |
$1,225,096 |
$22,052 |
$12,864 |
|
Auckland City – Central |
$1,065,420 |
$19,178 |
$11,187 |
|
Auckland_City – East |
$1,532,815 |
$27,591 |
$16,095 |
|
Auckland City – South |
$1,107,912 |
$19,942 |
$11,633 |
|
Auckland City – Islands |
$1,036,288 |
$18,653 |
$10,881 |
|
Manukau City |
$901,422 |
$16,226 |
$9,465 |
|
Manukau – East |
$1,158,197 |
$20,848 |
$12,161 |
|
Manukau – Central |
$686,567 |
$12,358 |
$7,209 |
|
Manukau – North West |
$781,110 |
$14,060 |
$8,202 |
|
Papakura District |
$684,172 |
$12,315 |
$7,184 |
|
Franklin District |
$660,557 |
$11,890 |
$6,936 |
|
Thames-Coromandel District |
$645,780 |
$11,624 |
$6,781 |
|
Hauraki District |
$359,520 |
$6,471 |
$3,775 |
|
Waikato District |
$441,525 |
$7,947 |
$4,636 |
|
Matamata-Piako District |
$398,682 |
$7,176 |
$4,186 |
|
Hamilton City |
$531,337 |
$9,564 |
$5,579 |
|
Hamilton – North East |
$678,886 |
$12,220 |
$7,128 |
|
Hamilton – Central & North West |
$489,611 |
$8,813 |
$5,141 |
|
Hamilton – South East |
$482,333 |
$8,682 |
$5,064 |
|
Hamilton – South West |
$466,235 |
$8,392 |
$4,895 |
|
Waipa District |
$490,723 |
$8,833 |
$5,153 |
|
Otorohanga District |
$243,964 |
$4,391 |
$2,562 |
|
South Waikato District |
$188,852 |
$3,399 |
$1,983 |
|
Waitomo District |
$172,405 |
$3,103 |
$1,810 |
|
Taupo District |
$418,130 |
$7,526 |
$4,390 |
|
Western Bay of Plenty District |
$575,089 |
$10,352 |
$6,038 |
|
Tauranga City |
$672,752 |
$12,110 |
$7,064 |
|
Rotorua District |
$379,865 |
$6,838 |
$3,989 |
|
Whakatane District |
$380,691 |
$6,852 |
$3,997 |
|
Kawerau District |
$177,183 |
$3,189 |
$1,860 |
|
Opotiki District |
$248,261 |
$4,469 |
$2,607 |
|
Gisborne District |
$271,632 |
$4,889 |
$2,852 |
|
Wairoa District |
$161,966 |
$2,915 |
$1,701 |
|
Hastings District |
$392,182 |
$7,059 |
$4,118 |
|
Napier City |
$419,099 |
$7,544 |
$4,401 |
|
Central Hawkes Bay District |
$253,787 |
$4,568 |
$2,665 |
|
New Plymouth District |
$415,761 |
$7,484 |
$4,365 |
|
Stratford District |
$234,372 |
$4,219 |
$2,461 |
|
South Taranaki District |
$198,934 |
$3,581 |
$2,089 |
|
Ruapehu District |
$156,971 |
$2,825 |
$1,648 |
|
Whanganui District |
$207,752 |
$3,740 |
$2,181 |
|
Rangitikei District |
$163,111 |
$2,936 |
$1,713 |
|
Manawatu District |
$289,350 |
$5,208 |
$3,038 |
|
Palmerston North City |
$348,581 |
$6,274 |
$3,660 |
|
Tararua District |
$163,877 |
$2,950 |
$1,721 |
|
Horowhenua District |
$258,047 |
$4,645 |
$2,709 |
|
Kapiti Coast District |
$482,723 |
$8,689 |
$5,069 |
|
Porirua City |
$484,164 |
$8,715 |
$5,084 |
|
Upper Hutt City |
$433,538 |
$7,804 |
$4,552 |
|
Lower Hutt City |
$482,632 |
$8,687 |
$5,068 |
|
Wellington City |
$702,081 |
$12,637 |
$7,372 |
|
Wellington – Central & South |
$703,433 |
$12,662 |
$7,386 |
|
Wellington – East |
$753,259 |
$13,559 |
$7,909 |
|
Wellington – North |
$627,791 |
$11,300 |
$6,592 |
|
Wellington – West |
$808,685 |
$14,556 |
$8,491 |
|
Masterton District |
$276,020 |
$4,968 |
$2,898 |
|
Carterton District |
$321,476 |
$5,787 |
$3,375 |
|
South Wairarapa District |
$370,839 |
$6,675 |
$3,894 |
|
Tasman District |
$498,111 |
$8,966 |
$5,230 |
|
Nelson City |
$508,343 |
$9,150 |
$5,338 |
|
Marlborough District |
$423,753 |
$7,628 |
$4,449 |
|
Kaikoura District |
$398,058 |
$7,165 |
$4,180 |
|
Buller District |
$183,573 |
$3,304 |
$1,928 |
|
Grey District |
$211,780 |
$3,812 |
$2,224 |
|
Westland District |
$234,405 |
$4,219 |
$2,461 |
|
Hurunui District |
$378,276 |
$6,809 |
$3,972 |
|
Waimakariri District |
$434,854 |
$7,827 |
$4,566 |
|
Christchurch City |
$497,539 |
$8,956 |
$5,224 |
|
Christchurch – East |
$371,157 |
$6,681 |
$3,897 |
|
Christchurch – Hills |
$667,077 |
$12,007 |
$7,004 |
|
Christchurch – Central & North |
$588,632 |
$10,595 |
$6,181 |
|
Christchurch – Southwest |
$477,247 |
$8,590 |
$5,011 |
|
Christchurch – Banks Peninsula |
$514,403 |
$9,259 |
$5,401 |
|
Selwyn District |
$547,094 |
$9,848 |
$5,744 |
|
Ashburton District |
$348,788 |
$6,278 |
$3,662 |
|
Timaru District |
$335,449 |
$6,038 |
$3,522 |
|
MacKenzie District |
$420,915 |
$7,576 |
$4,420 |
|
Waimate District |
$229,085 |
$4,124 |
$2,405 |
|
Waitaki District |
$260,433 |
$4,688 |
$2,735 |
|
Central Otago District |
$411,111 |
$7,400 |
$4,317 |
|
Queenstown-Lakes District |
$1,032,560 |
$18,586 |
$10,842 |
|
Dunedin City |
$359,055 |
$6,463 |
$3,770 |
|
Dunedin – Central & North |
$372,295 |
$6,701 |
$3,909 |
|
Dunedin – Peninsular & Coastal |
$320,180 |
$5,763 |
$3,362 |
|
Dunedin – South |
$342,080 |
$6,157 |
$3,592 |
|
Dunedin – Taieri |
$375,669 |
$6,762 |
$3,945 |
|
Clutha District |
$190,208 |
$3,424 |
$1,997 |
|
Southland District |
$236,549 |
$4,258 |
$2,484 |
|
Gore District |
$200,826 |
$3,615 |
$2,109 |
|
Invercargill City |
$239,252 |
$4,307 |
$2,512 |
Liability is 6 percent of your capital equity which is then taxed at 30%. The return is assumed to be equal to the long-term bond rate for the last 10 years. That was 6% when Morgan wrote his book in 2011; that average long-term rate is about 3% now. I used his 2011 assumptions.
Just how big is Gareth Morgan’s great big new tax?
19 Feb 2017 Leave a comment
in fiscal policy, politics - New Zealand
Morgan wants to raise an additional $13 billion in taxes, $8 billion from a capital tax and $5 billion from a 30% flat rate tax for a universal basic income of $11,000 per adult. $13 billion is 6.5% of the GDP of $197 billion in 2011. That is his latest numbers. A huge tax increase just after a global financial crisis is not the wisest fiscal policy.
Utopia, you are standing in it! 
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