Tuesday, 09 May 2023 12:07

Dreaming!

Written by  The Hound

OPINION: A mate of the Hound's reckons Westpac agri economist Nathan Penny is dreaming with his latest reckons about on-farm inflation.

Penny claims current on-farm inflation is now sitting at aroun 13% - down from 15% at the end of last year.

However, this old mutt's mate is not sure what Penny has been smoking, because the Westpac man reckons on-farm inflation will be down to 4% by the end of this year and down to 2% by the end of 2024.

The Hound's mate suggests Penny needs to get out of Westpac's ivory tower on Auckland's Queen Street and out on the farm more often.

He reckons Penny would then find that the chances of on-farm costs falling to 4% by Christmas this year are about as likely as Westpac offering 3% mortgage rates at the same time!

More like this

Civil Circus!

OPINION: It really is getting harder to lampoon government bureaucrats when they do such a good job of it themselves.

Anyone in the primary sector will know about the clowns covering the countryside in the red tape we all have to wade through.

Spare a thought then for media outfit Stuff who were threatened with fines up to $200,000 by a snivelling civil servant from the MoH for illustrating a quiz question with a photo of part of the cover of a 45-year-old copy Playboy.

As Stuff notes, “It wasn’t the Playboy cover which caused offence. No, it was the back page which… featured an advert for a cigarette brand”.

As Regulations Minister David Seymour notes, “The real scandal here is, well, no wonder we’ve got problems in healthcare when they’re doing the Stuff quiz during work time.”

Ewe Zealand First

OPINION: After all the criticism that Winston Peters leveled at the India/NZ FTA, it seemed just a trifle ironic to the Hound that the first NZ politician to visit India after Prime Minister Modi's visit was a member of the Ewe Zealand First party.

Featured

National

Machinery & Products

 

 

» Latest Print Issues Online

The Hound

Civil Circus!

OPINION: It really is getting harder to lampoon government bureaucrats when they do such a good job of it themselves.…

Ewe Zealand First

OPINION: After all the criticism that Winston Peters leveled at the India/NZ FTA, it seemed just a trifle ironic to…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter