Modeller says Auckland may need four more weeks at level four as mystery cases mount to 65; MIQ and isolation breaches mount; Expats angry at Hipkins' dismissal of Xmas holidays
Hi Bernard, thanks as always for your ongoing efforts. A question, government is in total control of peoples lives right now. For very small SME's and sole traders whose income in the project 6 weeks will now be ZERo under level 4 (and in many cases level 3) what is the solution from government? There are many companies/ sole operators who incomes have gone to Zero, not just 40% decline, and in most cases on top of that they have business expenses which continue. Which is worse, risk of catching covid or loss of control over livelihood.
Finance Minister and commentators talk about how NZ economy recovered ahead of expectations, how about this statistic
NZ GDP growth from 2016 to 2020 total 7%
NZ House price growth 2016 to 2020 total 43%
Wheres all the money coming from to inflate these houses, clearly most of the house prices increase are driven by new debt from banks. Banks and government are booming under COVID.
Yep. If I was being cheeky I would say all of those SMEs should let their businesses fail and just live in their houses, which earn much more than their businesses or jobs ever did. But to be fair to the Govt, they are keeping the wage subsidy going for at least four weeks and the covid resurgence non-wage scheme is available. And businesses now have $110b in their bank accounts. They could draw down on the cash, which is up from $87b two years ago...
Hi Bernard, thanks as always for your ongoing efforts. A question, government is in total control of peoples lives right now. For very small SME's and sole traders whose income in the project 6 weeks will now be ZERo under level 4 (and in many cases level 3) what is the solution from government? There are many companies/ sole operators who incomes have gone to Zero, not just 40% decline, and in most cases on top of that they have business expenses which continue. Which is worse, risk of catching covid or loss of control over livelihood.
Finance Minister and commentators talk about how NZ economy recovered ahead of expectations, how about this statistic
NZ GDP growth from 2016 to 2020 total 7%
NZ House price growth 2016 to 2020 total 43%
Wheres all the money coming from to inflate these houses, clearly most of the house prices increase are driven by new debt from banks. Banks and government are booming under COVID.
Yep. If I was being cheeky I would say all of those SMEs should let their businesses fail and just live in their houses, which earn much more than their businesses or jobs ever did. But to be fair to the Govt, they are keeping the wage subsidy going for at least four weeks and the covid resurgence non-wage scheme is available. And businesses now have $110b in their bank accounts. They could draw down on the cash, which is up from $87b two years ago...