Friday, 07 November 2025 12:55

Picking winners?

Written by  The Hound

OPINION: Every time politicians come up with an investment scheme where they're going to have a crack at 'picking winners' with our money, the Hound cringes.

We've been down the road that Labour's 'Future Fund' promises to take us; one where the geniuses in the Beehive, half of whom can't remember how many rentals or shares they own, throw darts at a list of 'promising investment ideas'.

Your old mate isn't alone in fearing this approach.

One economist said the problem wasn't a shortage of capital in NZ but a poor investment climate and unstable policymaking that deters foreign investors.

Another said Labour's scheme amounted to "bureaucrats picking winners" while crowding out private investors.

Many of our MPs would struggle to walk and chew gum at the same time, let alone play real-life Monopoly with our money!

More like this

Labour Supports NZ/India FTA

National's decision to ‘dribble’ information about the NZ/India to Labour contributed to the delay in it deciding to supported the FTA.

Featured

National

Machinery & Products

» Latest Print Issues Online

The Hound

New Broom

OPINION: The old saying 'a new broom sweeps clean' doesn't always hold up, if you ask the Hound.

Back to School

OPINION: This old mutt went to school to eat his lunch, but still knows the future of the country, and…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter