Apparently Trevor Mallard understands why secondary markets add value: Mr Mallard [said] that the sale was neither scalping nor dodgy. He bought the tickets last year but now had another engagement. It’s a shame that he didn’t apply similar logic when he was a Minister: In November 2006, Mr Mallard initiated legislation …to protect event […]
The Court has now decided that the OIO’s decision was a poor one. I’m no lawyer, but the key point of the decision seems to be that the OIO used the wrong counterfactual in assessing the benefits to New Zealand. For any cost-benefit analysis, such as the OIO has to conduct, one of the most […]
Peak oil will be here any minute now…
If you’ve read this blog much you’ll know how obsessed Matt is with independent fiscal forecasts. He has variously called for an independent body to cost parties’ election proposals — Peter Dunne’s with him on that one — and independent bodies to set tax rates and maintain medium-term fiscal balance. The two have been jointly […]
Some business leaders in New Zealand have decided to lay bare the reasons why we shouldn’t manage the economy like a company. They think A successful business needs a competitive advantage. A successful country is no different. Actually, it is very different. As the WTO says: …it is meaningless to say a country has a […]
Matt has posted about asset sales and believes that they’re a good idea as long as the government gets a fair price. He seems to be saying that the government’s decision to sell assets should be the same as a private company’s. Only the government isn’t a private company, so the costs and benefits to […]