If you make a $5 donation with the hope of winning those Super Bowl tickets, for example, “the campaign gets your name and you’re listed as a giver, which means you’ll get called regularly,” he said. “The idea is to get you to raise that $5 to $25 or more a pop.” … [Read more...] about Small change now a big deal in candidates’ online fundraisers
Changing mortgage deals
Of course, as costly as an idled China is, the rest of the world features in the picture now. And honestly, we have very little idea how this is likely to play out. In terms of the nature of what we’re facing, well, it’s a supply shock: a reduction in the capacity of the economy to produce goods and services, as opposed to a drop in people’s willingness to spend. Shuttered factories, canceled events: those all represent obstacles to the creation of GDP. When you say supply shock, those who think of anything tend to think of the 1970s and the aftereffects of the oil crises. But as I explain in my most recent column, many—and perhaps most—supply shocks don’t look like that. They are more likely to feature shattered confidence, tumbling stock prices and deflationary pressures…The world has never experienced a supply shock with this disruptive potential in the era of hyperglobalization. … [Read more...] about 5 Ways a Coronavirus Pandemic Could Change the 2020 Election
Income is also terribly important. There seems to be a magic around the six-figure number. People with household income of over $100,000 are far happier than those with a household income below $35,000 (71.6 to 62.8) and I am 100 per cent certain the only reason that divide isn't worse is that many over 65s who own their own homes are living on NZ Super, and dragging up the wellbeing score. … [Read more...] about Something’s missing from BNZ’s guide to happiness
"One of the key wellbeing indicators that is not talked about enough is incomes. New Zealand sits below the OECD average so we don't compare well. We work longer hours but productivity is poor. That needs to be addressed but I don't see any game-changing strategy on the horizon. We seem to be putting more costs into the system." … [Read more...] about $100k a lot or a little: What’s wealthy in NZ in 2019?
While most (including myself) will never be able to afford the rent-or-mortgage-payment-equivalent nightly rate of this elegant retreat, I can’t blame those who would want to. For the rest of us, you can contact the hotel to see if public seatings at Sensei by Nobu are available on a particular night (for $225 a person). Or, try one of the Lanai Adventure Park’s attractions, which are open to non-guests and also where you can pick up much cheaper fish tacos. Or, just hope to be reincarnated as Garfield, the unofficial house cat who — despite all the changes — is still welcome to hang out at the entrance. … [Read more...] about Review: Larry Ellison’s $2,800 a night Four Seasons Lanai at Koele hotel