Issues of the day include DIY accidents, the death of MySpace, the death of the recession, TV3 vs TVNZ, awards ceremonies and a van crossing the cook straight.
Tags: MySpace, Recession, te radar, tv3, tvnz
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Vincent says NZ interest rates are influenced by Australian banks and their fear about the increasingly gloomy economic situation in Australia. The negative effects of an Australian economy supported by the coal industry also carries many risks. Vincent also says the heavy cost of overseas borrowing pushes up rates locally. Vincent Heeringa is the editorial director at Idealog. Also find him on twitter.
Most Kiwi young people have never experienced a financial crisis, let alone a recession. Now, times are tough. Financial commentators are warning that young people’s spending habits urgently need to be reined in. They have been telling us that for years, but Generation Y is still laden with debt, and research suggests that many students have poor saving habits. But now, we are seeing the first signs of a turnaround: New Zealand young people are changing their spending habits. Jehan Casinader is a Wellington-based journalist and youth affairs commentator.
This week Vincent has been looking at how the recession or the perception of a recession has had an effect on the idea of sustainability in the New Zealand economy. Vincent argues that an economic downturn actually causes people to react in a more sustainable way. If that is the case why has the New Zealand Government’s language shifted away from sustainable ideas? Vincent Heeringa is the editorial director at Idealog.
Listen/Download Vincent Heeringa on Sustainability vs Recession
Initiatives to get more people into tertiary education and Pacific Island Community involvement were other missed opportunities at the recently held Jobs Summit. Vincent argues that New Zealand needs a skilled workforce to emerge on the other side of the current recession. John Key’s talk in the Wallstreet Journal about productivity growth has Vincent feeling more positive. Vincent Heeringa is the editorial director at Idealog.
Listen/Download Vincent Heeringa on more missed opportunities
