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  1. Yep constructions in a black hole. But goes back a heap further than this govt we’re seeing the true cost of financial policy decisions during and post covid. The economy was flooded with money and inflation rose quickly, interest rates then went up dramatically making mortgages far more expensive to service. As a result smaller renovation type jobs disappeared and will remain gone until people have a chance to recover probably another 2 -3 years and larger projects got put on ice due to high financing costs and those that have re started have a long way to go before actually work on the ground starts. Can easily take 1-2 years to get architects drawings completed and all the relevant consents issued for work to start.
    Not to mention Covid pretty much sapped the reserves of every small trade business and there’s been zero opportunity to rebuild to doesn’t take much to push a business into insolvency.

    End of day the Reserve bank got it wrong in that they put too much money into the economy for too long then they were too slow to reduce rates coming out the other side.

    1. You’re only seeing what you want to see, probably because you don’t want to admit that the current government would be incompetent in charge of a wheelbarrow, let alone the whole country, A better description is probably hole country after 18 months of this government.

      1. The rightnhas conservative economic values and the left had conservative environmental values. For the most part it’s the same. But to each they want to run each other through with a sword. Where’s the cooperation and organisation if New Zealand even posses those traits in the first place.

      2. Steve is correct…Cricklewood is not..

        We have gone from a bouyant contruction industry across all aspects under Labour to an absolute trainwreck under the Coalition of Fuckwitts…all in the space of 6months.

        I have been in the game for decades and have never seen such a futureless mess going on.

        I was visiting the largest prenail outfit in the country about 3 months ago…normally, when you used to go there, you would encounter at any given time, 6 huge hiab trucks loaded with house lots of frames, queuing up to to pass through security at the gate…
        You’d see about 10 forklifts constantly buzzing around loading and unloading timber, and you’d stand 3 deep at the counter waiting to get served.
        It was a hive of constant buzz and activity….

        ….and then the music died.

        Now…under Custerfucksn, Willis, Seymour and Peters et al ..the place is a ghost town…a shadow of its former self…the forklifts are neatly parked up , as are the trucks, and yard staff, of which there are a lot fewer, are wandering around looking for things to do to try and look busy.

        The Sales Rep i spoke to , who has been there for 35 years, says it’s really really bad…he can’t remember anything like it..
        Not since 1991…

        Well we all know who had their hands on the levers back then too…don’t we!

        1. Yeah, we’ve got 3, maybe 4 months of work ahead of us, then after that, its fuck knows.

    2. Spot on.
      The econ is starting to recover- and it will be a proper recovery with sustainable growth. Not money printing.

      1. mAn In black
        Take meds, or watch this rampant horse sh..’t – escaped from his/her loose box and free to roam the net.

      2. Bro buying infrastructure is not money printing. You get assets for your buck which make the country more ‘efficient’.

    3. Cricklewood – did you know that Kainga Ora was building 6000 homes per year and contracting hundreds of business in construction and the supply chain and proving work for thousands of tradies.
      All future and many current building projects were halted suddenly – pulling the rug from under the sector in a few short months. Brutal fiscal policy decisions by the current government – difficult to understand the logic for them from an economic and infrastructure perspective.
      The loss of productivity capacity is staggering – 800 hundred business and 12,000 jobs in a country of 5 million – that looks like deliberate economic sabotage to me.

      1. They invested 38 million in Peacock estate in Hamilton too so a 1000 houses could be built .With out that investment the new bridge across the river would be a bridge to nowhere .

  2. Look at the right wing suckers above trying to blame everyone else .I have a son in the construction industry who warned before the election that this is what would happen .They have very little government work and have slashed the number of staff employed .Instead of having 6 months work ahead it is now day to day .
    Then we still have to settle the brake fee for the ferries and get replacements which is not happening .Winston did stand up comedy in Picton last week trying to deflect from blue bridge NEW FERRY being delivered the next day ,while he has failed to deliver anything .

  3. As tradies and other now struggling Natzo/Act/NZ First supporters are discovering-you can’t eat or buy stuff with nasty attitudes alone-you need well paid employment and a buoyant economy-which CoC has torpedoed with its austerity and slashing.

  4. I continue to be amazed by those who blame Adrian Orr. It’s as if he was the Rangitira of the Reserve Bank.
    In truth he just happened to be the most senior member of the sacrificial lambs.
    The real Rangitira is Quigley and his deputies are the Board members.
    Orr just happened to be one of seven on the committee that set the OCR. I think but am not totally sure that would have given him one vote out of seven.
    At the end of the day there were 6 people that could have over ruled him. This would suggest that they either agreed with him or were just there to eat the free lunch.
    I found it very interesting that when announcing the last OCR it was made clear for the first time ever that it was not a unamonious decision.
    So instead of blaming one person Frank you need to spread your fire to all those involved over the last 10 years including the previous National Government who appointed Orr and most of the current board.
    The real issue in my opinion is that we do not have any people who have not been brainwashed into believing the current economic ideology.
    If we could find a PM with vision and the ability to lead we may be in a far better place economically and socially.

    1. Well put uncle not may accept the RBNZ is not a one man band ,and the current government is walking a vey thin line by trying to control what they do .RBNZ is supposed to be free of political interferance from the government .The current Minister has stepped over that line big time to allow her tame man become the puppet with in .

    2. “CovidCult and Wokeborg.”

      Down the rabbit hole went Frank the Tank to wonderland.

      Hahahahaha

  5. History will show as evidenced my today’s cock ups

  6. These people along with those that work for the Platform are frankly revolting.
    None of them have compassion or empathy at all – they are sorted.
    So if someone is on a benefit then it is their own fault:
    They haven’t tried hard enough.
    They didn’t stay at school for long enough.
    They haven’t studied enough.
    They haven’t worked hard enough.
    They are irresponsible.
    They smoke
    They drink
    They do drugs
    They are in a gang (a poverty gang)

    1. The difference between TPM /Greens and NZF / Act is one group think none fit into your list and the other thinks all unemployed do..Labour and National thinks some do and the main difference is how they separate them out and how they can score voter approval with their solution

  7. Collapsing capitalism, thought its said. do this do that, how fucked collapsing capitalism, what it theory, dribble, how shame its belief and those who purport/,

  8. At the end of they day the economy would be a lot worse because most businesses would have closed in 2021 without the intervention of RB .

  9. Emotion rules okay? I have a book of graffiti – mostly got off the underground and toilet walls. I am sure there are some appropriate ones there from rabid malcontents – about everything including persons who call themselves female and persons who pretend they are female and gosh aren’t there enough bloody females in the world already without adding to them? And then to even things up – the reverse. And so it goes…

      1. Well Clive this is an awfully good example of pigeon philosophy from Skinner’s stables! You seem stimulated by fart jokes etc!
        What is Skinner’s philosophy?
        B.F. Skinner: Biography of the Influential Behaviorist
        B.F. Skinner’s theory of learning says that a person is first exposed to a stimulus, which elicits a response, and the response is then reinforced (stimulus, response, reinforcement). This, ultimately, is what conditions our behaviors. To make this process easier to remember, the ABCs of behaviorism were developed.16 May 2024
        B.F. Skinner: Biography of the Influential Behaviorist – Verywell Mind
        https://www.verywellmind.com › b-f-skinner-biography-

        [You could progress to ping-pong instead of fart smells.]
        Skinner, an American psychologist, used behavioral learning to teach pigeons how to play ping pong. In his experiment, a pigeon stood on each end of a ping pong table and pecked the ball toward its opponent. Each time the ball went past the opponent and dropped off the table, the pigeon that pecked it across could eat.
        What Is Behavioral Learning Theory, and How Can L&D Teams Use It?
        360Learning https://360learning.com › guide › learning-theories › be…

        L&D- Learming & Development:
        British Council
        https://corporate.britishcouncil.org › insights › driving-organisational-success-strategies-ld-teams
        Driving organisational success: Strategies for L&D teams
        Mar 4, 2024 Discover five powerful ways learning and development boosts organisational success and explore practical strategies you can use to ensure your L&D programmes and activities have maximum impact. Reading time: 7 minutes.

        It seems that responding to you Clive drives me to further learning. Am I demonstrating the truth of Skinner’s posits?

    1. So Frank they increase unemployment, while borrowing more without investing in anything. They are bunch of sold out con artists. They have wasted just as much as money by reversing things with no viable alternatives, or alternatives that weren’t worth the expense.

  10. Health care, lets get their care, and our understanding, our care, production, its care, as our health care, care our health, get back to productivity.

  11. Adrian Orr told the pollies to mop up the excess covid liquidity with taxes on the group who ended up with the $50billion covid cash but he wasn’t listened to by either govt.

    If you didn’t end up with $10,000 in your bank at the end of covid then your not in that group. Who did end up with that $50billion and when are the people getting it back?

  12. Willis ,listen up you have to spend money to make money under you neo lib system .So start building those 3500 homes that you have canned get those ferries in Korea back to being built ,build those hospitals and schools you scuttled .Remember you are from the party that perfected the back flip when in opposition so its not too hard to do .I know you wont like all that egg on your face but suck it up .And while you are on a roll get rid of LUXON ,PETERS ,AND SEYMOUR ,they are the biggest hand brake NZ has ever had .

    1. A waste of time trying to get through to Willis. The saying here is about how hard it is to get something understood when it will likely cause a drop in one’s income.
      What we need in NZAO economic planning is allowing for the multiplier effect. This explains a lot. https://www.tutor2u.net/economics/reference/multiplier-effect

      First the effect when it goes into reverse, the negative effect which we are observing:
      The negative multiplier effect occurs when an initial withdrawal or leakage of spending from the circular flow leads to knock-on effects and a bigger final drop in real GDP.
      When used for positive growth.
      The multiplier effect occurs when an initial injection into the circular flow causes a bigger final increase in real national income. This injection of demand might come for example from a rise in exports, investment or government spending.

      The multiplier coefficient itself is found by:
      Final change in real GDP / Initial change in AD
      Example: If the government increased spending by £5 billion but this caused real GDP to increase by a total of £12 billion, then the multiplier would have a value of 12/5 = 2.4

      There you are, you know more about the effect of applied economics on a country’s economic vitality than Willis and a whole lot of other people, who should be ashamed of themselves for what they have enabled into New Zealand’s economic processes
      which have been wrenched from our control.

      This statement sounds official and factual and inviolate.
      The multiplier effect is one of the most important concepts
      you can use when applying, analysing and evaluating
      the effects of changes in government spending and taxation.
      It is also good to use when analysing changes in exports
      and investment on wider macroeconomic objectives.

      https://www.tutor2u.net/economics/reference/multiplier-effect
      Video 11.37m

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