Nation: Grant Robertson on the state of the economy

I think he easily met this target.

The Finance Minister says he shares some of the business community’s concerns, such as global trade tensions and their impact on our economy.

…strikes are the result of “nine years of frustration with previous government”

…says “we want our government agencies to have best practice procurement… we have put the word out to our Ministries that they should be abiding.

 

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12 Comments

  1. Blazer

     /  11th August 2018

    Robertson is excellent at dealing with questions…smart guy,well briefed.

    The business confidence drum is wearing out.

    Orr signalling low or lower long term interest rates is quite unusual.

    Great magic show interest and forex rates…invented to maintain the dominance of the UK,ECB,Wall St and Japanese Banks.China recently admitted to the ‘club’.

    The Q.E pumped into the economy,along with derivatives is astronomical..estimated at over $640 trillion U.S.

    Reply
  2. Ray

     /  11th August 2018

    Robertson is a “smart guy ” with a smart mouth but unfortunately he gives the distinct impression that he could not balance own cheque book, let alone the Nations.
    The National Party left him in a very favourable position but it has the potential to rapidly develop into a shambles if wage increases continue to outstrip inflation.

    Hint: Don’t lock down your funds at a low rate for more than a year, higher rates are coming despite what the Reserve Bank says and hopes.

    Reply
    • Blazer

       /  11th August 2018

      I don’t get that impression at all Ray…he’s alot like Joyce…good talker.

      Thanks for the hint…r u an ‘insider’?

      Reply
      • Ray

         /  11th August 2018

        Know one who is or is advised would be allowed to admit to that Blazer but:
        “You don’t have to be a weatherman to know which way the wind blows”

        Reply
        • Blazer

           /  11th August 2018

          you must be very comfortable Ray…if your judgement of futures is that…refined.

          Reply
          • admiralvonspee

             /  13th August 2018

            Robertson is comfortable being uncomfortable…that takes skill. bol

            Reply
            • Blazer

               /  13th August 2018

              whereas Mr Bridges appears quite uncomfortable being…uncomfortable.

  3. Alan Wilkinson

     /  11th August 2018

    Mainfreight is a good company but Braid seems to be turning into an amateur politician like Morgan.

    Reply
    • Blazer

       /  11th August 2018

      Mainfreight have done well with Labour.Plested has given some generous donations over the years.

      Reply
    • PartisanZ

       /  11th August 2018

      Meanwhile, the countless CEOs who endorse National Party status-quo – and actively seek to eat away at business confidence – must always be considered totally apolitical and absolutely professional …

      Reply
      • Alan Wilkinson

         /  11th August 2018

        You are talking about the countless (mostly small) business owners who react to Govt policies by trying to foresee the consequences for their customers and staff and plan accordingly. If that’s political then it’s political I guess.

        Reply

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