Given the lack of rigorous testing and monitoring I suspect actual reported number of cases should be doubled or tripled. The hospitalisation and deaths are more reliable and that’s what we should be monitoring.
AFIK the US has very long mortgage terms. It’s routine to get a 30 year mortgage with locked in terms. Of course people can and do refinance but if they have good terms they can keep them until the house is paid off.
Our mortgages are only a couple of years or so.
That’s a huge difference INMHO and can’t really be compared.
Sir John Key and other directors of Palo Alto Networks are named in a lawsuit alleging they made false and misleading statements about the company’s products....
Why Brisbane? I was there once. It was hot and muggy and generally unpleasant. I don’t remember having a great meal there, I don’t remember seeing anything particularly spectacular. Just seemed like a hut and muggy city.
Melbourne OTOH was dynamic and fun and had spectacular food.
I didn’t get a chance to visit that brewery. In fact the only brewery I visited in Australia was the little creatures in Fremantle which was in a large building like a warehouse. Good beer, good food but not a place you go for some peace and quiet that’s for sure.
Green co-leader Chlöe Swarbrick has used her first “State of the Planet” speech to accuse the coalition Government of privileging lobbyists and the wealthy, at the expense of workers’ health and the environment.
The article says “will be unemployed” meaning they are going to get fired or laid off or whatever the term they are using these days.
Sounds like they expect it to peak at about 4.8% if my maths is right? Historically, that’s still pretty low.
I don’t know. Usually mass layoffs have carry over to the rest of the economy. All the businesses serving those government employees are probably also going to downsize somewhat. Some may even go out of business who knows.
I get lost with the new benefits. Are the 187k people on Jobseeker not all considered “unemployed”?
Most likely not everybody who is unemployed is getting a benefit so the number unemployed should be higher than those seeking jobseeker benefits.
What’s the difference between a technical recession or an actual recession. Words are supposed to have meanings and recession is a well defined term with globally accepted measurement metrics.
If we are technically in a recession it means we are in a recession.
The point is that the word recession has a meaning, the meaning is accepted worldwide, and we are in one. I would also dispute that we are not experiencing the bad effects. The polls seem to indicate the public is feeling quite a bit of pain.
***A push to legalise all drugs in New Zealand hasn’t come from stoners and the strung out - it’s backed by 155 academics and experts who say the current regime doesn’t work ***...
The important thing to keep in mind is that there is a significant proportion of the population that wants this and is going to vote for right wing parties in order to stop the “trans agenda”
Aotearoa Weekly Kōrero 23/5/2024
Last weeks thread here...
The ‘Doomsday Glacier’ is rapidly melting. Scientists now have evidence for when it started and why | CNN (edition.cnn.com)
Thank god we elected a government that takes climate change seriously.
Revealed: Govt set to scrap grants to help first-home buyers onto property ladder | Newshub (www.youtube.com)
Pull up the ladder after you.
Fast-track laws, parliamentary urgency, Treaty tension, media retreat: warning signs for NZ's 'brittle' democracy (www.rnz.co.nz)
I am saying this unironically....
Sir John Key to partner with Chow brothers in property development firm (www.rnz.co.nz)
Your tax dollars are going to John Key folks. This is how the privatisation of state housing is going.
National MP David MacLeod may face police probe over undeclared donations - law professor (www.rnz.co.nz)
No merit to Palo Alto Networks insider trading allegations, Sir John Key says (www.stuff.co.nz)
Sir John Key and other directors of Palo Alto Networks are named in a lawsuit alleging they made false and misleading statements about the company’s products....
As NZ unemployment rises, Kiwis are making their way across the Tasman (www.abc.net.au)
Bad in NZ or hyperbole ?
Greens hit out at ‘cruel’ coalition in State of the Planet speech (www.stuff.co.nz)
Green co-leader Chlöe Swarbrick has used her first “State of the Planet” speech to accuse the coalition Government of privileging lobbyists and the wealthy, at the expense of workers’ health and the environment.
Another 26,000 'will be unemployed' before peak reached (www.rnz.co.nz)
Surely all these people losing decent paying jobs will have no impact on the economy right? Definitely not a recession right?
Overhauling our drug policies (www.rnz.co.nz)
***A push to legalise all drugs in New Zealand hasn’t come from stoners and the strung out - it’s backed by 155 academics and experts who say the current regime doesn’t work ***...
NZ First’s toilet bill is designed to outrage but that doesn’t mean we can ignore it (thespinoff.co.nz)
The important thing to keep in mind is that there is a significant proportion of the population that wants this and is going to vote for right wing parties in order to stop the “trans agenda”