If you set the date range to show from
1 Feb, you’ll see how high it is against the last major weather event when the Waiwhetu stream flooded some of Seaview

Such a pity that a business owner now has to be an online performing monkey to be seen by potential customers - and have the algorithm show your creative efforts to barely a 10th of the people who chose to follow you (for a fee)…

Look like a bunch of tankers turning the corner now!!

This thread should be carved in stone tablets and preached from the economic mountain tops

Good observation. I was talking to some people last night about how we might see that Covid bubble effect return - where people stay local, shop local and support the community etc. (presuming that petrol prices stay high and restrictions occur)

Question: if treasury had been more accurate in their predictions (read: pessimistic), would interest rates have been lower earlier, less unemployment, fewer business pushed into liquidation? Or would the RBNZ still have done what they did?

Great new Kent!

But Treasury says…

Sounds like first home buyer bait…

This is amazing.

www.getyourfuckingmoneyback.com

‘better uses for the property’.

Well said

And the worst thing is that on the news tonight one of the leading stories is about drownings this year being higher than ever - people need to learn to swim!

Ignore that bot. Your experience is real. Sorry to hear it’s so tough - and like you I hate being gaslit by these surveys

Once again this shows that the financial managers entrusted with keeping our economy on the rails (RBNZ and Treasury) are reliably WRONG. They tightened too early, too high, for too long and overshot every target, including unemployment. Lives and businesses wrecked

I’m glad someone checked this. When watching lines of travellers queue up for the now compulsory weigh in, I’ve wondered how accurate those scales are. I wonder if thousands are now due retrospective refunds

I guess you’re referring to those bigger near monopoly retailers. Step down the ladder a step or two and that’s not the case.

Agree totally on the first part. Banks declining loans for business without housing security. But the ‘excessive margins’ aspect isn’t correct - excessive rents, rising wages, insurance and freight costs eat those margins - plus retailers spend most of the year discounting for Black Friday etc, etc

That’s a well written piece. Pity to have to go to X fe read it

@bernardchickey.bsky.social @clrenney.bsky.social This looks like your kind of commentary. Read on!

Essential reading! Thanks for posting

IMF economists say inflation targeting hasn't performed brilliantly in recent years IMF economists say inflation-targeting central banks did not achieve better outcomes than others following the 2022 surge.

IMO the near 40-year old assumptions our economy operates under are no longer relevant or effective. This ABC story is about Australia but it references latest IMF research on inflation targeting which should be compulsory reading for the RBNZ, Treasury & the Govt.

www.abc.net.au/news/2025-11...

Residents revolt over ‘silly’ electric vehicle ban A North Shore retirement village has banned new residents from bringing electric vehicles to the property, sparking a dispute with

Astounding - Fairview Village bans electric vehicles for village residents: evsandbeyond.co.nz/residents-re...

Let's celebrate the update (finally) of Stats NZ Household Living Costs Price Index - a better measure of the cost of living than CPI.
First thing to notice is that a big chunk of the increase in our cost of living was thanks to RBNZ hiking interest rates to tackle the cost of living! [🧵 1/n]

That’s the truth. Funny how statistics can make it look like improvement, when it’s actually desolation

I think that’s more from people leaving than any improvement. Even local landlords saying they can’t find tenants in the current market

Should teach this stuff in schools 👍

In the first half of 2025, about 1,270 businesses entered liquidation. For August 2025 alone, 238 companies were placed into liquidation. By your estimation there must have been a hell of a lot of overpriced cyclist-hating dickheads out there. How about some sympathy for them and their staff

And…Because of time zones, New Zealand was technically the first to declare war on Germany in WWII. Britain declared on Sept 3, 1939, but it was already Sept 4 in NZ.

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