Housing crisis spreads to NZ Super; Govt concedes to farmers on trees for climate; Powell starts pivot to slower rate hikes; Beijing cracks down on dissent, but starts easing covid controls
Sounds interesting that you are looking into solutions in Australia, look forward to reading it! I saw some pictures a family member put online looking out from their work (a Victoria hospital) and I couldn't believe how modern, or even futuristic, the building looked. They must have some serious, and I'm guessing politically consistent, investment in their public services over in Australia.
Have some relaxing time, and hopefully get to enjoy some higher carb food. :)
Agree with Mary - Bernard and Lynn, enjoy your "busman's holiday"! Bring back some Aussie inspiration. On China - the biggest mistake they made was choosing the wrong vaccine. Their's hasn't been as effective as others used widely elsewhere. Now, dialling back on lockdowns and relying on other tools such as ramping up (near) universal vaccination is going to result in more deaths from COVID in China, and we are talking MANY. However, what is really awful are the reports on people dying from other medical emergencies (and fire) while unable to seek medical aid or safety outside their apartment buildings. Or being refused entry to hospitals. It's developed into a no-win situation for the poor Chinese population.
You reckon “we should all think about...making the accomodation supplement available to those people on superannuation”. Really? Without constraining lending at every increasing amounts for existing housing, this would lead to further house price inflation, because with the supplement people will be able to pay higher rents and mortgages. Must constrain creating money for houses somehow FIRST.
Just struck me today Bernard in the sunshine - re: your housing market with bits tacked on. Do you add on finance and insurance? No doubt you are familiar with Jane Kelsey's book from 2015?
Yay!! Thanks for the heads-up about Substack chats. :) Have a great holiday, Mary
Sounds interesting that you are looking into solutions in Australia, look forward to reading it! I saw some pictures a family member put online looking out from their work (a Victoria hospital) and I couldn't believe how modern, or even futuristic, the building looked. They must have some serious, and I'm guessing politically consistent, investment in their public services over in Australia.
Have some relaxing time, and hopefully get to enjoy some higher carb food. :)
Agree with Mary - Bernard and Lynn, enjoy your "busman's holiday"! Bring back some Aussie inspiration. On China - the biggest mistake they made was choosing the wrong vaccine. Their's hasn't been as effective as others used widely elsewhere. Now, dialling back on lockdowns and relying on other tools such as ramping up (near) universal vaccination is going to result in more deaths from COVID in China, and we are talking MANY. However, what is really awful are the reports on people dying from other medical emergencies (and fire) while unable to seek medical aid or safety outside their apartment buildings. Or being refused entry to hospitals. It's developed into a no-win situation for the poor Chinese population.
You reckon “we should all think about...making the accomodation supplement available to those people on superannuation”. Really? Without constraining lending at every increasing amounts for existing housing, this would lead to further house price inflation, because with the supplement people will be able to pay higher rents and mortgages. Must constrain creating money for houses somehow FIRST.
Just struck me today Bernard in the sunshine - re: your housing market with bits tacked on. Do you add on finance and insurance? No doubt you are familiar with Jane Kelsey's book from 2015?
https://hail.to/tui-motu-interislands-magazine/article/DKhrPSv If not, save for next year - definitely not holiday reading.