Professor Robert MacCulloch: Labour Conference 2024 - the Party will Support Running on Capital / Asset Taxes in Election 2026.

Traders may be able to make a bit of money out of this Blog. How come? Since Labour obviously have a chance of winning Election 2026 & knowing they'll run on a platform of capital-asset taxes has far-reaching economic consequences. Obviously one cannot be 100% certain, though its all but a done deal. Its only partly due to former Revenue Minister Parker's lobbying efforts to that effect, in cahoots with Michael Wood. The main reason is that Labour's new Finance Spokesperson, Barbara Edmonds, is a supporter, though she's disingenuously denying it.

Professor Robert McCulloch: Hipkins wants NZ to fail

The Labour Party Leader's Sad Plan for NZ is a text-book copy of the UK Prime Minister's. Except there is a difference - Hipkins wants NZ to fail.

The Leader of the Labour Party, Chris Hipkins, has proved he nicely fits the joke about the dog that chases cars - what does it do when it catches a car?