Punk Economist: ‘The most prudent thing to do now is spend’

Post author By New Zealand Blog News Service
Post date October 20, 2020

One of the world’s most high-profile economists says the only way New Zealand will stop its burgeoning housing market being a driver of inequality is through wealth taxes.

Tory Whanau may have to sell Wellington mayoralty to make ends meet September 20, 2024
Tory Whanau has revealed that she’s struggling so much financially that she may have to part with her beloved mayoralty, that of New Zealand’s capital city, if she’s to fund her ever-diminishing lifestyle. Whanau was elected to lead Wellington in 2022, winning an overwhelming victory against the incumbent mayor: the evil version of Jason Gunn. […]
Ben Uffindell
Ukrainian militia receives defective shipment of pagers that just send and receive messages September 18, 2024
There’s been a major setback for one Ukrainian-backed militia on the Russian border, after the group ordered a large shipment of pagers to use as improvised explosive devices. The plan was to litter the pagers throughout abandoned homes and buildings in hopes of wounding Russian soldiers. But upon arrival of the shipment, routed through the […]
Ben Uffindell
Government directs Te Puni Kōkiri to conduct Māori Language Week in English September 17, 2024
The coalition government has issued a directive to Te Puni Kōkiri, the Ministry of Māori Development, instructing them that – in the interests of clear communication – they are to conduct this year’s Māori Language Week primarily or exclusively in English. The directive is in line with the Government’s policy – signaled when they came […]
Ben Uffindell
Government celebrates fact that New Zealand’s healthcare is so good people are queuing up for it at 5am September 17, 2024
At yesterday’s post-cabinet press conference, Prime Minister Christopher Luxon, flanked by his Health Minister Shane Reti and someone we can’t independently verify was a real sign language interpreter, announced that he had some positive news for the country. “Alright team, I’m just going to hand over to uh, Dr. Shane, because I think he’s got […]
Ben Uffindell
Heartwarming: Thoughtful driver uses indicator to tell you what they’ve just done September 17, 2024
It’s 4:10pm in the morning, and you’re in the middle lane heading north on the great southern motorway of our nation’s capital, Auckland. There are no cars directly in front of you, but quite a few in the lane to your left. Suddenly, without warning, a black ute enters your lane, cutting in front of […]
Ben Uffindell
NPC teams will now be allowed to actually use the Ranfurly Shield in play September 17, 2024
Following decades of controversy, the governing body of New Zealand rugby, New Zealand Rugby, has ruled that the team currently holding the Ranfurly Shield may once again use it in play during the National Provincial Championship (NPC). The ruling restores the utility of a prize that for many years was rendered merely symbolic, after the […]
Ben Uffindell
Police say they won’t respond to bomb threats anymore as ‘it’s never anything’ September 16, 2024
Police Commissioner Andrew Coster says that New Zealand’s police force will no longer respond to bomb threats, in an attempt to cut costs and redirect police resources to less boring activities. Coster said that threat response and bomb disposal was a “fairly obvious” area for downsizing, as bomb threats are “never anything”, a “huge waste […]
Ben Uffindell
Air New Zealand flight attendant named CEO after one year on job November 30, 2021
New Zealand’s national carrier, Air New Zealand, has expressed great enthusiasm in announcing its new CEO today: 51-year-old Nathan Guy, a flight attendant who has spent about 1200 hours on the job. Guy joined the company as a fresh-faced, wide-eyed flight attendant serving now-reduced domestic routes in November of 2020, and has since spent a […]
Ben Uffindell
National Party board denies it unanimously agreed to Collins’ Faustian bargain with Satan November 26, 2021
National Party president Peter Goodfellow is today issuing a strong denial on behalf of the party’s board, saying they did not, at any point, agree to the Faustian bargain that National leader Judith Collins struck with the Evil One, Son of Perdition, the Devil Satan himself. When Collins became the leader of the National Party […]
Ben Uffindell
Super Saturday recap: Patrick Gower doesn’t know what he’s supposed to do October 16, 2021
It was Aotearoa’s first national day of action in over ten years, the first since 2010, when Prime Minister John Key tried to inspire us to clean up our nation’s berms. It didn’t work. Today, New Zealand’s berms are worse than ever. But history is not destiny, and other cliches. Today, we tried again, this […]
Ben Uffindell

Inquiry after door left open at childcare centre January 31, 2025
Photo: RNZ Childcare chain BestStart is investigating after a teacher accidentally left an exit door open and two children gained access to the carpark.
Man sentenced after showing partner noose January 31, 2025
An Invercargill man produced a noose in front of his partner and child when she told him she was leaving him.
Ella Scott-Fleming
Tramper guilty of sex assaults January 31, 2025
A man has been found guilty of forcefully sexually violating a woman and groping another while she slept.
Felicity Dear
‘WE LISTENED’ January 31, 2025
IMAGE: HEALTH NZ Health Minister Simeon Brown’s main talking point yesterday - and you know it was his main talking point because he said it about a dozen times - was the government had listened to the people of the South and decided to go ahead with the new Dunedin hospital project.
Mike Houlahan
ODT quiz: February 1 January 31, 2025
Issues in emergency management revealed January 31, 2025
An analysis of Southland’s most recent emergencies has identified a range of issues with how they were managed.
Matthew Rosenberg
Iona wins second race January 31, 2025
Iona (Otago, left) chases Queen March (Auckland) to win the second Sanders Cup race on February 1, 1925. — Otago Witness, 10.2.1925 Auckland, February 1: Iona greatly enhanced Otago’s chances of annexing the Sanders Cup by winning the second race of the 1925 contest over a triangular course on the Waitemata to-day.
The satellite town with aeroplane streets January 31, 2025
Photo: Stephen Jaquiery Waldronville, 13km to the southwest of Dunedin, was developed by Bill Waldron in the early 1950s.
Within living memory January 31, 2025
Photo: Otago Daily Times Waikouaiti residents can now telephone Dunedin toll free, from February 1985.
Shane Jo-Jo sings Get Back as Parliament tunes up again January 31, 2025
Photo: file Parliament began for a new year on Tuesday with a show of unanimity, MPs from across the House joining in paying tribute to Senior Sergeant Lyn Fleming, recently killed in the line of duty in Nelson, and the late Te Pāti Māori co-founder Dame Tariana Turia.
Mike Houlahan

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