#BHN

[@JJisMe1972]

Lower unemployment = Higher wages, more power for the people. Higher unemployment = lower wages and less power for the people. More money printing = more money for those with assets, Less money printing = less money for people without assets.

[@stuchatterton6550]

Employment Contracts Act....

[@Ben-Rogue]

Offering redundancies to KiwiRail workers is probably the first step in the Nats plan to privatise it. Under-staff it, under-fund it, claim it's failing and needs private investment, and then sell it to investor who'll expect tax payers to keep funding it, like they did in the U.K.

[@SeamusDunmaggotin]

It's happened before

[@BamBam-uf4yi]

Apart from China who the hell would invest in a country that Won't Invest in Itself.

[@jinjaman101]

in a nut shell!!

[@gregnz1]

And just like that, Dairy owners are no longer Front Page News.

[@Kiwi-Ahh-Nah]

I just signed up for jobseekers yesterday. I was cut from the public sector, even though my role is still required (Enterprise Data Architect), lost my rental and have had to move away from Wellington to afford to live.

[@gregnz1]

Get accommodation support.

[@BamBam-uf4yi]

Accommodation supplement has its limits.

[@badger51]

This is getting the country back on track?

[@BamBam-uf4yi]

@@Kiwi-Ahh-Nahto bad the train derailed at the station

[@Truth-g7h]

Sorry to hear this. Don't give up.

[@AllahIsTheOneAndOnlyUnity]

Say no to billionaires, have a maximum wealth threshold. Forget schisms.

[@user-ro8ph2mx4l]

It’s funny , more n more ppl are boarding on benefits, that’s the national party all did …..

[@malcolmWaite-g4t]

Blue in Timaru, 2 reps from Aussie said they had capacity to take all 600, even if half leave tax loss plus multiplier effect through community

[@user-ro8ph2mx4l]

This country is no hope …

[@gregs3845]

Chewie is right. Brad Olsen is a terrible economist, not least because he said govt stimulus caused inflation. That has been proven to be false. The inflation came from global supply chain disruption, oil prices and profiteering. And of course a persistent (as in pre-pandemic) ongoing problem of property price, rent and rates inflation (non-tradeable). Sadly, Craig Renny isn't all that much better. ANY unemployment is govt choice, not just the 0.5% extra that he suggests is the result of current govt policy. A govt can choose to run an economy with an unemployed "buffer stock" of workers or an employed buffer stock of workers. It's very sad to see politicians and economist who say they are on the side of the ordinary folk continue to buy in to the need for an unemployed buffer stock of workers when there is a much more humane and ethical way of supporting workers who are surplus to private sector requirements.

[@nikkster01]

no it wont the population of Australia will rise by 100,000 as people stop waiting for Luxatives miracle

[@stuchatterton6550]

Luxatives. Brilliant :)

[@MrADTNZ]

Its pretty tough out there and the prices have'nt gone down ie food etc

[@gregnz1]

Consumers pay export prices, not farm gate costs, so its a lie the farming sector helps us.

[@BamBam-uf4yi]

@@MrADTNZ According to the government prices have gone down.

[@Kelvinpaul4]

National partying over the 2.2% lower than expected inflation due to cheaper imports. Non Tradable inflation ( NZ goods and services).4.9%, that's still high. NZ businesses are going to struggle.

[@paulhargreaves1497]

@@BamBam-uf4yi Lower inflation........is still an increase

[@BamBam-uf4yi]

@@MrADTNZWell the coalition have been in power a year now so it's all them now. They've already borrowed $20b dollars.

[@stoeger2-d7q]

How else can they get wages down

[@BamBam-uf4yi]

@@stoeger2-d7q cut hours

[@mrsarcastic5331]

Nationals doing nothing for the country

[@brothermunkdrums]

National has never been about doing for the country, always about doing for their rich mates and yet people vote them, against their own interests. Because they think one day ill be just like that, rich, and be in the club.

[@danieleyre8913]

It amazed me that people thought that they would.

[@tanepukenga1421]

@@danieleyre8913 Kiwi's don't seem to learn from the past, even when it was less than a decade ago

[@danieleyre8913]

@@tanepukenga1421 Yeah I sense that our country is getting more foolish and dumber, Don’t get me wrong; that last Labour government didn’t measure up. But how could anyone imagine that this clown show would not be even worse?

[@tanepukenga1421]

@@danieleyre8913 that's what I find the most amusing of all. This is the EXACT same stuff Key did, just on turbo. Go after beneficiaries, check. Run down public services, check. Create homelessness to increase property investment prices via demand, check. Create high unemployment ready for exploitation via demand, check. Reduce workers rights, check. Pay lip service to essential services, check. It's the exact same stuff, but faster and while we're in a more vulnerable position so we can't absorb the shock anymore. If I was dictator for a day, one of the things I'd do is make a mandatory civics class for at least 2 years. We've shown we desperately need it.

[@Eschatonin6666]

People in Kiwirail in Wellington region spent a short time working according to their contracts, and the train service went to pot, highlighting how critically understaffed they are. And now Kiwirail are reducing staff?

[@tanepukenga1421]

You can't make it look unviable if it's still viable. Gotta get rid of that staff to make it fail if National and ACT wants to sell it off

[@kiwihib]

Scrapyard challenge, it was called.

[@MrADTNZ]

Central bnaking model is outdated..must be a better system

[@madmacksaysFu]

Its called Marxism

[@phyllisahipene4906]

My sons 17 and 21 are off to Australia...thats there plan ...more opportunities

[@trademark23]

Smart move.

[@danielphillips4399]

Oh get your fats right! The recession was well forecast prior to the elections. Remember the RBNZ Gov Adrian Orr said he will need to manufacture a recession by increasing the OCR to curb inflation. This has resulted in a sharp increase in unemployment which is exactly what needed to happen to break the back of inflation.

[@lukevanzuilen6848]

The goverment didnt increase interest rates, the RBNZ did. They did however change the RBNZ mandate.

[@Kelvinpaul4]

If the Reserve Bank was truly independent, they wouldn't be doing this austerity bollicks. They must be pulling their hair out, dealing with Luxon's latest dumb idea of the week.

[@user-ro8ph2mx4l]

This man is only a business man , he doesn’t know how to run the country though

[@AnthonyFlack]

The Labour Party changed the mandate so the Reserve Bank also had to consider the effect on unemployment when setting the OCR. National immediately changed it back. The Reserve Bank however is on record saying that the changes to the mandate did not actually affect any of the decisions they made over that time.

[@haystack3149]

It's an ideological decision to have this 4.5% - 5% unemployment. That means a bunch of people are out of work, so there's a waiting pool of cheap labour. There is a huge pool of people that don't work and don't get a benefit, some of whom would work for the right opportunity and money, that's where your spare labour force should be coming from, we should be aiming for full employment IMO.

[@allisonlake4103]

Close to full employment was achieved under the last government. Basically the CoCs government has destroyed small towns and cities like Raetihi, Ohakune and Timaru. Next year, the government will flood NZ with immigrants who'll push house prices up again. right wingers are heartless and only love money, eg ab mocking a fellow working man at his work. This type of person is who is running this country. Bring on 2026.

[@SeamusDunmaggotin]

So I get taxed harder for my sweat?

[@rockyjones2563]

You don’t get taxed while you’re playing computer games sweet heart otherwise these guys would look quite different..

[@bella22728]

Well well.... 🥴🥴🤔

[@rockyjones2563]

Yea still no where near as bad as forcing people out if their jobs if they don’t take the trial inoculation

[@Kiwiskirt]

🔔★LIKE-SUBSCRIBE-SHARE★🔔