Henry Armstrong: So Farmers and Businesses “Have Nothing To Fear” According to Ardern?

When the debate on a Capital Gains Tax was in full swing, Prime Minister Jacinda Ardern was widely quoted as assuring farmers and small business owners that if a CGT were to be introduced, they had nothing to fear.

The productive sector and indeed most New Zealanders, quickly saw through this disingenuous claim and made their views known. The Ardern-led government quickly dropped that proposal-at least for now.

It seems the Ardern-led government learned nothing in the process.

Frank Newman: A worst best keep secret

It has remained one of those vexed questions for eternity: Why are some people wealthy while others are poor? What is remarkable about the question is that it continues to be asked, when there are many generations of examples that provide the answer. There are also stacks of books that profess to know the answer, and every author has their own refinement of some pretty basic truisms.

Before listing those truisms, let's clear up some misconceptions. There are some who put financial success down to luck, and that may be true for situations like a major Lotto win. But relying on chance is not a strategy, given that a major Lotto win is about as likely as getting run over by a camel in the main street of your town! So let's hope for luck but not plan for it.