Good debate at the economic workshop.
Federated Farmers emphasised the need for research, to play to strengths, the need to grow fontera, rma reforms especially in relation to water storage, want reduced volume of legislation and better quality.
Selwyn Pellet – Endace – pushing need for lower dollar as an exporter. He is doing a big push for economic sovereignty, sustainable high wage high skill economy. Big push for strategic planning. Importance of tax policy – real economy v housing investment.
Small, nimble and smart. That’s what we should be aiming for. He also talked about socially responsible capitalism. Refreshing to hear.
Trevor, housing investment by way of rentals has taken a lot of flak over the years including from Bernard Hickey.
The Herald last week suggested there are over 380000 rentals out there .. I assume many or indeed most are private.
If there was no incentive to invest in the rental game, would the state rescuce the soon to be homeless?
Just to own up. I changed the headline Trevor. It was yuck
Pleased to see Labour starting to talk about some of these issues.
So what are the specific ideas for a “sustainable high wage high skill economy”? Because right now, that’s a big ask. Tax policy can serve as a nudge, but I don’t think it will be enough.
Hopefully the answer isn’t a rehash of the old “knowledge economy” schtick.
Socially responsible capitalism is surely an oxymoron. The board of directors of any company have to be responsible for the protection of the investment made by the shareholders and no one else.
Would be interesting to hear what Selwyn has to say.
The board of directors of any company have to be responsible for the protection of the investment made by the shareholders and no one else.
Patrick A, Surely this is a false dilemma? I’d have thought any company would have an expectation of conforming with the ethical requirements of the community it draws its economic life from.Expectations about social outcomes regarding employment, environment, taxation and so on, most of them defined in law anyway.