
Hamilton
overcast clouds
13.9
°
C
13.9
°
13.9
°
92 %
1.3kmh
100 %
Fri
15
°
Sat
15
°
Sun
16
°
Mon
13
°
Tue
14
°
NZD - New Zealand Dollar
USD
1.6778
EUR
1.9538
AUD
1.2076
CAD
1.2111
GBP
2.2795
JPY
0.0105
CNY
0.2497
INR
0.0176
Be a part of this community
Support YSB to keep bringing you valuable content! Your generous donations help us grow and share more inspiring stories with the world.
Morning all, beautiful up this way today. Bream Bay looks like a mirror and the sun is rising over the Hen. No rain forecast till tonight.
diito down this way.
Nice for a change.
Looking like that for the next few days.
Hopefully, it will put a smile on a few faces around the place.
No doubt some arsehole will come along to change that.
I’m hoping a run of fine weather will bring in a few more customers. The last week of October and November so far have been pretty quiet.
yep everywhere.
Have a gdaughter who works for a chain of stores. see the on-time sales.
some stores in major cities not doing so well. One in welly did $45.00 for the day. another one 800.00 and they sell 1000.00 dollar items as their main products.
Lucky for them GrabnRub Golriz was in Auckland!
Still have to pay the high rent and the staff wages.
Lots more to fall over yet.
Still have to pay the high rent
1,2,3…..
bloody landlords !
Now I know how a trout feels when a shiny spinner gets dragged past his nose! 🙂
meh
bloody tenants !
Trying to scrape up enough money to pay the GST is always good for a laugh. Maybe I should get Chippy in as a business coach? With his wealth of experience what could possibly go wrong?
If you are paying GST you are making money. Better that way than constantly getting refunds
I read this in a comment on a article on yesterdays elections in the U.S.A.
Gosh, I thought, sounds familiar.
“The republicans haven’t done shit to back up Trump and his agenda. They have the majority in the house and senate and not one major piece of legislation has been passed. The Republicans are doing what they always do. They snatch defeat out of the jaws of victory. “
Ex https://www.malone.news/p/the-election-blues?utm_source=post-email-title&publication_id=583200&post_id=178071846&utm_campaign=email-post-title&isFreemail=true&r=3830d&triedRedirect=true&utm_medium=email
The youth unemployment rate at 15.2%
What a fucking disgrace.
The worst since 1992.
Oh, a National Trend?
Auckland has 27900 of those.
Willis feels for all these people.
I despise these Nats.
how many youths do you employ vikey? youve been very vocal about not wanting to pay them to work.
Well you are wrong. I pay my staff, which is a privilege that you don’t undertake. You are a grifter like so many.
I have 4 for your information.
4 underpaid youths or 4 underpaid adults?
i use contractors old chap, cost more but zero bullshit dramas of employing staff. i dont exploit and underpay the vulnerable like miserable old coots seem to do 🙂
you are a joke and a wanker. whats more an abuser in hiding.
For 3 days with your head pulled in the blog was a lot better. Your posts were of interest and received up ticks.
Don’t blame the Government, blame the useless parents who can not be bothered to send their children to School to obtain a decent education. And these parents are the very same parents who do not value education, do not care if their child is ill disciplined in Class, don’t pay attention, disrupt, bully and create general mayhem, then the parents get on Facebook to criticise the School, for allowing bullying at School.
And no Employer in their right mind would bother to employ these bone lazy, uneducated misfits who can add no value to their business, the economy or the country due to the child’s parents not bothering they attend School to obtain some sort of education.
Time V2, people like you stopped blaming the Government for everything and take a look at where the real problem lies, the Parents who could not care less, give a stuff or value education or bother getting their children to School on a regular basis.
Don’t think I know what I am talking about, I now work in that system and see it every day.
I know of four skilled individuals including myself, all out of work at the moment. It’s ridiculous to put all of the blame on parents/a lack of skills.
If we four can’t get work in a supposedly “in demand” area, what fucking hope have kids out of school got getting work anywhere?
It’s a mix of both government and individuals, as well as increasing technology uptake.
Personally I want to see limited protection of industries via tariffs or regulations targeting foreign companies to give everyone here a shot at work.
None collecting the dole btw, so don’t believe the general unemployment figures, either.
TAH
I would put a lot of it on the education system
It is a vastly reduced quality now.
Too much pissing around and feelz
After 2.5 years at 7.5 y.o. they do not have the solid basics that was there 60, 80, 100 years ago .
2 PMs that I know of left school at Kiwi Keith -12; Big Norm at 13 and they had the reading skills, maths, writing and sentence construction skills to reach the highest office in the land .
Not attending school after 13 years of age(Standard 6 in the olden days) should not be a burden.
It has been made a burden by a hollowed out education system created by an over educated buffoon by the name of fat guts Lange .
So I contend TAH, that is is the govt and the weakened education system that has not taught strong basics for life in the last 40 years.
lower income people and those with overlarge families (and donate big to a church) do not have the resources or even ability to teach their kids EXTRA.
They were told to trust the education system.
60 years ago you could trust ‘start to finish’ education .
Not now.
it is politicised , feminised – leaves boys right out of it, half the customer base – and tuned into too much kapa haka and maori myths for a teeny percent of the population.
The Chinese will have a small number of kids and typically send these to a lot of extra curricular classes after school. Often 3 extra hours a day with Chinese classes, music and maths. Not so much sports except maybe swimming.
but they are Not the majority.
The Dutch girl, Stanford-Poppelbaum is making lots of noises after 2 years in office but will anything real materialise by the time of the date with madame guillotine this time next year .
How much are really just typical Gnat announcements?
A lot goes back to a watered down light and fluffy education environment , where no discipline can be enacted against troublesome kids that ruin the class for all others because they are sugared up from a crap diet.
there are many factors .
sure there are lots of parents who dont care and the kids will likely follow them into indolence and excessive drug/booze taking . Hideous diets.
and society will pick up the Tab for that as well.
It is how things roll now.
“they had the reading skills, maths, writing and sentence construction skills to reach the highest office in the land “.
Not a very high bar then
Not a high bar really
and yet
so many kids now do not reach that bar .
and there is no instrument available to enforce that
no holding back to repeat a year AFAIK.
No cane/strap to encourage the doing of homework!
Sadist.
Yep and all you see is the system. Others see that something better is capable of being done.
By the red ticks, obviously not.
This tells us about the mentality of some.
Well Labor ain’t going to do any better while Hopkins is the leader, because his mother is donkey deep into ruining the kids education and he is mommy’s boy!
Well, I beg to differ. What you are saying shows how out of touch with the reality of the employment market is. The employment market relies on business. Other than the govt and local government, there is only businesses that employ. While we all know where you live, nothing happens that’s not the case in the major areas.
You would have to have your head in a sandbag to not know that the business world in NZ is about as sad as you can get.
Look around, read up a bit look at the stats.
It’s the Nats repeating their constant efforts with woman treasurers being unable to understand what drives these things.
The business environment is just too unfriendly so people move and they have.
Something that lots seem not to understand is that not everyone is a rocket lab scientist, not everyone can afford to pay $5k to get a license to drive a truck, indeed, that might not be their desire.
Its easy to sit there on a keyboard with life well behind you and attack those who have lost their employment. A life where working opportunities were mainly of a physical nature, where employers were encouraged to employ youth and where the costs of doing so were not prohibitive.
It’s another to create the necessary businesses to employ them and currently, there is little desire for people to do that, as we never know what shit the next lot of politicians are going to hand down.
When it comes to the unemployed youth.
That has been an ongoing issue since the youth rates were removed.
Expecting employers to hire young people out of school, with no experience in work, still grappling with their youth and adolescence and all those things, all the while having no idea about what they need to know nor how to do anything much, having older staff training them and yet getting paid full rates that took that older person some years to obtain is patiently stupid. fucking mad if you ask me. They have been consigned to the dustbin of life by those who promote that crap.
Think for a minute, you are old enough to remember when young people worked in grocery stores, supermarkets and a thousand other places. Who does that now? Self-checkouts, online services that are often via robotic systems and so on.Imported items because its done cheaper in India, China and so on.
If having youth rates encouraged many employers to add just one person to their staff, we wouldn’t have a problem and we would be training better citizens.
Education is not for everyone, and now, with the age of AI, even less. Stop and think for a moment of what has happened to the Accounting industry. Once you had an accountant because you needed them to tell you all about your financials. Today, many run their own. coming to lawyers as we speak.
What new jobs are created?
The issue is far more complicated than berating young people.
That’s actually an abuse of them and shows a critical lack of any leadership.
Sure there’s some that won’t, but there’s lots that are lost on the way to working.
Your vitriol would be better spent on politicians who have mostly done nothing in their miserable lives, who actually have no idea what a long-term plan is, whose life is a 3 year cycle of not really giving a shit about others except their donors, as they are the people who should be able to set our course.
We need better leaders.
And when they do go to school they’re taught maori before anything else, by teachers who protest with badly spelt signs…
Product of the same system.
And blame Helen Clark and Winston Peters who supported Clarks Government in introducing the Legislation to run this Maori Treaty crap in Schools in 2006 giving School Boards the authority to introduce Treaty of Waitangi bollocks into all their plans, policies and teaching to reflect local Tikanga Maori, Matauranga Maori and Te Ao Maori, whatever that is.
That Legislation McD, you can rightfully blame a Government for and yes, the question then can be raised, would you trust the Old Aged Pensioner from Herne Bay, Winston Raymond Peters with anything.
And blame the minimum wage that was increased bigly by Labour.
You have to pay too much for someone with no experience.
Absolutely, but both you and I know that and without doubt, we will be subject to abuse for raising it. As I have done before.
One thing to own a business and another to sit there on a keyboard and blame people rather than the system.
It’s always the system and its processes.
The stats are now showing without doubt this is the worst recession since the late 80’s and early 90’s.
Same thing, and my experience is that is so.
I fortunately insulated myself to a large degree, but it’s still bloody tough.
We want to grow and invest, and doing that is bloody hard. The government is business-unfriendly.
I know lots of other businesses that same.
And let’s face it if you live in the backwoods, you have no idea.
Regulations that fail to understand human reactions are the core issues. When you consistently find that little works correctly first time and complaints/feedback are treated as unwelcome criticism the normal reaction is to avoid altogether or find and alternatives. With Govt there is no alternative but lowering or removing interactions becomes something to search for – I see tradies are now looking at capping their turnover at $79,000 to avoid adding Gst to invoices and the bureacratic return/payment system – result less tradies charging more whilst imptoving their personal lifestyle with less work, more profit lower productivity and less IRD interaction, a winner for the tradie not so the cutomer or IRD. Acceptable service is becoming the domain of the small business were the owners are the employees who do understand the value of a cusotmer and the necessity of delivering the customers requirementss.
One of the biggest problems in this country at the moment. In the good old days if you wanted the big bucks you had to prove you were good. Now days they just walk through the door and expect it. I personally believe there should be no minimum wage or if there is it should be set much lower. All of our staff are on well over the minimum rate, they work hard and are well looked after as it should be.
Have been arguing for no minimum wage for years. A minimum wage distorts everything.
Free market would mean there would be jobs for starters who could learn how then work up through the grades or levels. If your good people soon pick up on it and offer more.
Having to pay these RSE workers $30 plus an hour is ridiculous.
People don’t think things through.
A lot of the trades are getting out of hand with their hourly rates as well. Had a boat builder doing some work on my boat the other day – nothing complex, could have done it myself if I had time. $140 per hour plus gst of course. He operates out of a van so virtually no overheads.
sparkies and plumbers cause they are registered and can approve their own work.
Worse than thieves.
Good luck
I left school at fifteen in sixty five.
From what I can remember, there were some who were slow, but no one who couldn’t read and write, to some extent. There were always jobs available for them.
Just listen to the lowlifes out on the streets now.
They are just dumb crackers.
I worry about the human race, once the grandparents die off.
65-15 =….+🤔 is the sqare roooot of🤔 minus the crypton factor @ 3 chickens and a goat plus blah = … 😲 you’re old🫵🤭
Yep!
According to he mouth of the south you are at an age to be euthanized. How do you feel about that?
More a case of being careful. Very hard to get rid a lemon now days. The good ones are out there and once you get them you have to hang on to them. I’m more than happy to pay top money to the right person.
Blondes?
You should be so lucky.
With big tits!
At your age they would be Saggy.
A video of Victoria Police and the youth gang problem.
Includes Mike Bush.
worth a view and yes its on FB.
https://www.facebook.com/reel/833822052470503
I see the NZ 50 index has hit it’s highest ever at something like 13,600. In 2020 when Labour batted again it was 12,300 odd. So a gain of 3/5 of 4/8 of not much over five years. Wasn’t a good investment for most.
Gold. Go with gold.NTL on the NZ market..and wait.
you shoulda bought my gold a couple years back hunty!!! i sold it at 3300nzd, now its 7knzd
Gold will go down.
More can be mined.
Btc will go up.
Scarce and limited.
“tell ’em he’s dreamin…”
For 10 points, trendsetters, which classic aussie movie is that quote from??
Very apt for a “Dream-time” country.
Hopeless, the lot of ya’s.
The Castle !
Yep, son is in Ethiopia building a gold mine.
Place is full of it.
Four other mines are around a very big area.
Locals go out to pan it for their living when they need money.
btc will go up and down too, it can be just as easily manipulated aswell and its pretty much useless beyond being a ponzi/ mlm scam… and its fucked along with all other cryptos once it becomes fully regulated, i give it 5-10yrs and itll be as useless as fiat.
still good money to be made but you know it aint gunna last and banks/govts will do their best to either control or destroy it
I love things you can hold – Gold is lovely BTC is virtual.
Investment tips from a one eyed, rebored chappie who just married a Thai ladyboy.
Ok then.
(no pics provided )
Huh? What? Stoopid married a lady boy? No shit!
Bitcoin. lol. lol..LMFAO!! 🤭🤣, Ed will be along shortly..”Ahh yes BC, let me show thee the way”…🤣 snigger
yep, has been somewhat crab walking sideways when you take a 3 year view.
up and down.
what goes up must come down!
I have shed more than a quarter of shares in the last few years and some on TDs two years ago at rollover will go from 5.6 to 6.0 % to 3.5 ish % .
That is life.
Shares were a good run from 2013 to beginning of 2020.
out of the last 38 years that was the best it has done.
pulling out some more this week.
may have to invest in a spa pool and, um, ah, solar heating panels to warm it in winter ///
if the gains are going to evaporate anyway, may as well soak in it. !!
Run some alkathene pipe over your roof, connect to the pool recycling pump and you have hot water. Follow me for more cheap tips 😷
throw it all at the AI bubble/////
invest in rare wines
then drink them
and they become even more rare !!
Did you look at rocketlab?
i did..too late.
BBC edits out an hour to set up President Trump
https://www.youtube.com/watch?v=2uIZZB6vBjg
“The Trump Family Are FURIOUS” | BBC “Morally Reprehensible” In Editing Of US President’s Speech
TalkTV
A whistleblower memo claims the BBC misled viewers by editing Donald Trump’s speech to make it appear he encouraged the Capitol riot. The Panorama programme, aired before the US election, spliced lines from different parts of his address, replacing his call to protest “peacefully and patriotically” with “fight like hell.” …
What do you expect from the BBC – Biased Broadcasting Cunts
the fucking BBC
Buggering British Children.
Expect no less .
It is a long way to Thailand so they have set up the local industry !!
Not so much an amoral place as an immoral place .
where truth goes to die.
anyone who still believes the BBC is a source of fact is a total moron.
a huge percent pf Brits want the teevee licence fee removed.
and so it should be
it funds this vile outfit of degeneracy.
back about 2016 they were caught out.
They paid their starz into Channel islands accounts as offshore earnings
totally crooked.
at best you can do this for 3 years if you start with non-Brit residency, for tax.
anyhow, they got caught out
but the Starz had to pay tax, back tax and penalties.
I think the beeb had to pay out taxpayers money as well for a scheme they set up
a shit show.
Crooked as.
Correct but Rachell from accounts is about to prove once agains you cannot tax a country into prosperity – Denis Helay tried and failed just like all socialist ideas fail.
NZ needs to call time on all the Maori bullshit. It’s WAY past time—no more privilege for being brown. NZ can’t afford it any longer. On top of this, you have the build-up of frustration on both sides of the population, brown and white. It’s a powder keg almost ready to explode—a volatile situation. If we don’t come together AS ONE, and soon, it won’t be pretty. I can guarantee you that.
You’ve got to love Romanticism (sarc)! This is the ideology that’s really behind Maori-wonderfulness (Marxism is a branch off Romanticism).
You’d have thought the murder and cannibalism of Marc-Joseph Marion du Fresne and his men, would put people off the Noble Savage myth, but it still persists to this day.
Instead, you have ivory tower academics who proudly state the Maori had democracy before Europeans: Romantic Marxism and the Myth of Pre-European Māori Democracy – No Minister
The fantasy of the noble savage is still alive & doing well within academia. Only the intrusion of the venal & depraved ‘westerner’ disturbed the idyllic relationship between Polynesian & nature.
Except that it’s a load of shit. Life was short & brutal before the arrival of the benevolent pakeha with his gifts of maize, potatoes & livestock along with the knowledge & tools to utilise them.
But knowalls never let a fact get in the way of determined victimhood.
I cover the Noble Savage myth in academia a bit in my post with The Myth of the Noble Savage: Māori Society and the Limits of Romantic Anthropology – No Minister
So, good timing as I only posted it today!
Perhaps I should include Yes Minister on my morning catch up. Tom Hunter has always made a lot of sense even in the days when he used to cast his pearls before swine on Flightlessbird blog. Other contributors, less so. In some cases much less.
Yours are worth reading.
Thanks. My main reason for contributing there is to be able to write a decent argument, and then I can just link to them wherever applicable.
Yeah and all for what? Maori generally do really well if then manage to leave NZ. Instead of being constantly told that they’re useless and can’t do anything without a hand out, they just get on with it like everybody else.
No bludging cuzzies to pull them back into the bucket either.
Anyone heard from the Bird??
you need to convince him to come back under a new name, would be a good laugh and upset our precious petal in tauranga… although the curb stomping, housing ponzi and jew hating would be a dead give away
Pretty sure he’s on X, or at least was.
Nothing to do in the tractor cab today?
never is. i hardly drive tractors anymore tho old chap.
Oh, so you are now a sofa worker, then.
You whinge and moan every time your Mrs asks you to do any physical work around the place. Guess you are about fucked and ready for the euthanasia pen.
Not a peep nor a squawk. It’s like he’s vanished from the blogosphere.
NY is so fucked
https://x.com/chayasclan/status/1986122518269190638?s=46
Viewer warning. Not for the faint hearted or easily offended
https://x.com/jonmikesav8/status/1986080795782500451?s=46
Don’t come back and complain
That’s terrible. I’ve had to knock off work for the
dayweek.The Jazz is cool but not sure about the Jizz.
I will have to ask my cultural advisor from South for advice that he gives freely.
Golly, I’m horribly offended! Speaking of which, any idea where my avatar has gone? It’s hard to be the the doyen of all things woke and lefty without my talisman. I see Nasska, wieowl and Mike Hunty appear to be suffering from the same indignity.
Shit, you’re brave. I challenged the boss about something a few months back & my therapist’s bills may bankrupt me! 🙂
When you’re as woke as I am walking on water is easy.
How easy it was to get the Covid shot into the masses. The numbers are easily manipulated
https://x.com/redpilldispensr/status/1986056439492657330?s=46
The goo-mint was lying their azz off here
circa late November 2021 when they claimed 90% jabby jabbed 💉💉💉💉
the official overseas quantum for NZ was 74%
less than 3/4
not 9 in 10.
all lies .
day after day.
Especially when government has bribed the employers of the MSM’s girl child “journalists” to report the distorted facts in an emotive context.
https://x.com/bunnyfriendy/status/1985909208429346942?s=46
Funny as hell.
Disgusting.
That’s hilarious!
“Labour is promising to make cervical screening free for everyone”
What a fuck-up. If they knew what the definition of a woman was then they could have saved a lot of money by making this available just for women.
https://www.stuff.co.nz/politics/360877675/labour-promises-make-cervical-screening-free-everyone
Chippie first. Perhaps he won’t be so keen to virtue signal about what he doesn’t understand and never will.
As dumb as biological women being offered prostate checks
I will give you 50 bucks to roll up and say you want the free cv screening as per the liarbour announcement.
No thanks Ed. What if they actually went ahead with it?
Your bellend would probably be a bit sore but they’d give up after they reached your prostate. 🙂
Oh is that how they do it. That’s not so bad then. Was worried they were going to excoriate my hemorrhoids
The speculum used to expand your “vagina” might make your eyes water. 😳
You’ve obviously never had your hemorrhoids excoriated.
But the all of their queers, would have to go for a prostrate check!
Can’t give them both!
A bear is chasing a rabbit through the woods.
Suddenly they see a fairy tied to a tree. They both stop, look at the fairy and decide to help her out. They go over to untie her. Thankful for being rescued, the fairy offers them each 3 wishes.
The bear immediately shouts, “I wish I was the only male bear in the area. That’s sure to get me some ladies.”
The rabbit thinks for a moment and says, “I’ve always wanted to be rich. Make me a millionaire.”
The bear, still thinking with his little head says, “Actually I want to be the only male bear in the country. All the ladies will want a piece of this.”
The rabbit doesn’t take long for his next wish, says he wants a brand new motorcycle along with some gear.
The bear, the horny bug of what that he is, decides that for his last wish he might as well go big, “What the hell, make me the only male bear in the world.”
The fairy obliges and asks the rabbit what he would like his last wish to be. The rabbit puts on his gear, gets on his new bike, smirks and says, “I wish the bear was gay.”
This obviously just preceded the bear asking the rabbit “Does shit stick to your fur?”
In the wake of the Te Pati Maori ructions John Tamihere talks to his tribe:
— “Are we the greatest tribe?”
Entire tribe shouts:
— “YES!!!”
— “Then we need our own bomb & a rocket to carry it!”
— “YES!!!”
— “Let’s build them then.”
The tribe chopped down the thickest & tallest tree in the bush, deleted it’s core & filled the tree with gunpowder produced with recipes provided by the local chapter of the Mongrel Mob.
So, the rocket is done & the great kaumatua gathers his tribe once again:
— “My tribe! We have finished our rocket! Now, we need to decide where should we send it to.” A distant voice somewhere in the crowd:
— “Let’s send it to the splinter group in Kaikohe!”
The tribe became silent. No one had any other suggestions, so John agreed. “Kaikohe it is.” The tribe painted huge letters on the rocket: “TO TE NGAPUHI”.
So, the moment of launch has come. The tribe gathered around the rocket. John lights the fuse aaaaand…
Next moment, the explosion destroyed every single house of the village, half of tribe died instantly, other half is deaf & missing limbs… Horrible sight. John lies about 25 meters away from the explosion, missing both arms & one leg, bleeding. He lifts his head with the last of his remaining strength & says:
— “Holy shit, imagine what’s happened to Kaikohe.”
https://www.youtube.com/watch?v=yUCrQgbBPU0
Mamdani’s FURIOUS victory speech reveals NYC’s DARK future
Glenn Beck
New York City has elected Zohran Mamdani, a Democratic Socialist, as its next mayor. But even liberals like CNN’s Van Jones quickly realized that Mamdani’s victory speech was much angrier than the “warm” and “calm” persona he had on the campaign trail. Glenn reviews this sudden shift in character and warns that Mamdani may have just admitted he wants to tear dow …
If Mamdani tries to get you on a train…don’t go, a terrible idea, don’t go…”
The cattle/goods carriage will be a dead give away!
The NZ Police hierarchy will be happy when the final chapter of this sordid saga has been written:
#. “Former Deputy Police Commissioner Jevon McSkimming has pleaded guilty to possessing child sexual exploitation and bestiality images on his work devices.”
https://www.nzherald.co.nz/nz/wellington/ex-top-cop-jevon-mcskimming-admits-having-child-exploitation-bestiality-images-on-work-devices/7IGOIZTETVGDJFNRAYO7WGYQVA/
He will be sentenced mid December.
Nah! He will just he was doing research for the Labor party and Hopkins who doesn’t know what a woman is!
They are a fountain of ignorance but give us hope they’re not all that depraved that they consider child predators to be good fellow comrades.
Leave that shit for the Greens!
RETAIL STUNTED
Updated data from the Worldline payments network shows consumer spending up +0.3% in October from the same month a year ago, far lower than can be accounted for by inflation. Only Nelson and Otago(Queenstown-Lakes) have spending rising more than inflation. Auckland is down -0.1%, Wellington is down -3.7% and Christchurch is up just +0.6%.
TAX TAKE TELLS THE TALE
The Crown accounts for the first three months to September 2025 were released today and they confirmed how weak the local economy is. For example, gross payroll tax deductions rose only +2.3% in September from the same month a year and that it the lowest rise since early 2012. These toals include activity from pay gains, employment gains, and hours worked. For most of the past decade these gains have easily exceeded +5% as workers got pushed into higher tax brackets as a further embellishment to tax flows. Not happening now and that is unusual. GST tax collections show the same effect. For the first time in decades, this tax flow has topped out and recently started to fall. So it will be no surprise to know that the September OBEGAL deficit came in larger than forecast, even from the September BEFU Forecast. Not by a lot in government terms but it was -$249 mln Sept-actual vs Sept-forecast. If they miss that much in one month, it doesn’t bode well for the upcoming year…..
.https://www.interest.co.nz/economy/136040/review-things-you-need-know-you-sign-thursday-no-retail-rate-changes-again-savers
V2’s search for true love continues but not without minor setbacks. 🙂
I got plenty of land, send them my way…