Blog
- Forecasts projections and budgets 18-04-2016
- Some lessons from NZ in the 1792 - 1840 06-04-2016
- Nature the great game changer 22-02-2016
- TPPA 10-02-2016
- Tourism is creating some interesting businesses 26-01-2016
- Digital prospecting for clients is an increasingly crowded space 12-01-2016
- A slow giant is still a giant! 06-01-2016
- Housing affordability is no news 01-01-2016
- Bad budgets are like a blunt knife 25-08-2015
- What are accountants thinking 14-08-2015
- Where are the customers yachts? 26-03-2015
- I was not misled: I simply was wrong - Warren Buffet 03-03-2015
- Being Wrong - holiday reading 07-01-2015
- Top performance takes intention and followup 27-11-2014
- Credibility trumps skill 11-08-2014
- If you don't sell a terrible thing happens..... 16-07-2014
- This sat me on my heels for a minute 08-05-2014
- Financial instability 19-04-2014
- Medical insurance 13-03-2014
- A good day out 25-02-2014
- Car buying 24-01-2014
- Employment needs a new model 21-11-2013
- Doing nothing much well is critical 19-11-2013
- Small change in terms big change in profit 29-10-2013
- The yacht race is a great business metaphor 26-09-2013
- Tax rules are difficult 20-07-2013
- How much soldiering on is good 01-07-2013
- Counter intuitive behaviours needed to win 16-05-2013
- Is your business adapting 05-04-2013
- Time it marches on 19-02-2013
- Accountants are good for business 27-11-2012
- Actually NZ is better than you think 19-10-2012
- BYOD - a current business trend 19-09-2012
- Supply and Demand 28-08-2012
- Administration the invisible force 08-08-2012
- Fees for monthly payments 15-07-2012
- The new hourly rate 25-05-2012
- Beijing 20-04-2012
- Electronic tools 03-04-2012
- China 2012 v 2005 16-03-2012
- Year end 02-03-2012
- The taxman cometh 17-02-2012
- Trust 13-01-2012
- Holidays 09-01-2012
- Rationale behaviour creates undesirable results 09-12-2011
- Accounting skills are most valuable in tough times 02-12-2011
- On-line advertising 28-11-2011
- Social Welfare with a hard edge 10-11-2011
- Entitlement and fairness 03-11-2011
- Technology opportunities 28-10-2011
- Distractions aplenty 28-10-2011
- Exchange rate management 23-09-2011
- Holidays are good 15-09-2011
- Giving it away? 15-09-2011
- Penny and Hooper 26-08-2011
- A perfect size 05-08-2011
- Is it time to buy that offshore business? 29-07-2011
- Value 23-07-2011
- Capital Gains Tax myths 08-07-2011
- The cost of monthly payments 15-06-2011
- Cars their Colour and FBT 06-06-2011
- And they're ready 26-05-2011
- What if Australia needs an extra 500,000 staff 13-05-2011
- Lean Accounting 08-05-2011
- Common themes for most businesses in NZ at the moment 11-04-2011
- Funding Development Projects 22-03-2011
- How good are your financial processes? 22-02-2011
- When did you last think about your structure? 22-02-2011
- Key business issues to think about at the moment 22-02-2011
TPPA 10-02-2016
I am naturally inclined to free trade and fully get that to agree to free trade necessarily requires a subrogation of sovereignty.
However, I've struggled to get comfortable with TPPA. Partly because the information from the politicians has been overloaded with PR (ie it reads like bullshit) and the fourth estate, as ever, is much more effective at communicating hysterics than substance.
- the gains are reliant on the fair and open behaviour of USA & Japan, and
- the government might get sued by an investor
With regard to the first point TPPA at worst makes things no worse;
With regard to the second point there appears to have been plenty of thought and analysis go into the matter. The people who have invested their lives in getting us a good deal (and have no doubt considered scenarios concerns and possibilities I haven't even imagined) have indicated that the risk is not likely to actually cause a major cost to the country. In trying to understand the issue I have used a proposed test case of what say the NZ Government decided to ban margarine can Kraft sue? My understanding of what MFAT have explained is that they would not be successful if they did. So on balance its a risk worth taking.
The remaining question is will the $2.7bn of annual additional GDP arise from 2030 given that 70% of the benefits come from removal of non-tariff barriers. Nobody will ever know but if you think increased trade is best for NZ then the TPPA is more likely than not to cause an increase in trade. So regardless of the exact number, a deal that improves trade with USA, Japan and the fast growing Asian economies is something NZ should be part of.
All of that to say I have moved from an opinion of reluctantly opposed to TPPA to supportive.
Blog
- Forecasts projections and budgets 18-04-2016
- Some lessons from NZ in the 1792 - 1840 06-04-2016
- Nature the great game changer 22-02-2016
- TPPA 10-02-2016
- Tourism is creating some interesting businesses 26-01-2016
- Digital prospecting for clients is an increasingly crowded space 12-01-2016
- A slow giant is still a giant! 06-01-2016
- Housing affordability is no news 01-01-2016
- Bad budgets are like a blunt knife 25-08-2015
- What are accountants thinking 14-08-2015
- Where are the customers yachts? 26-03-2015
- I was not misled: I simply was wrong - Warren Buffet 03-03-2015
- Being Wrong - holiday reading 07-01-2015
- Top performance takes intention and followup 27-11-2014
- Credibility trumps skill 11-08-2014
- If you don't sell a terrible thing happens..... 16-07-2014
- This sat me on my heels for a minute 08-05-2014
- Financial instability 19-04-2014
- Medical insurance 13-03-2014
- A good day out 25-02-2014
- Car buying 24-01-2014
- Employment needs a new model 21-11-2013
- Doing nothing much well is critical 19-11-2013
- Small change in terms big change in profit 29-10-2013
- The yacht race is a great business metaphor 26-09-2013
- Tax rules are difficult 20-07-2013
- How much soldiering on is good 01-07-2013
- Counter intuitive behaviours needed to win 16-05-2013
- Is your business adapting 05-04-2013
- Time it marches on 19-02-2013
- Accountants are good for business 27-11-2012
- Actually NZ is better than you think 19-10-2012
- BYOD - a current business trend 19-09-2012
- Supply and Demand 28-08-2012
- Administration the invisible force 08-08-2012
- Fees for monthly payments 15-07-2012
- The new hourly rate 25-05-2012
- Beijing 20-04-2012
- Electronic tools 03-04-2012
- China 2012 v 2005 16-03-2012
- Year end 02-03-2012
- The taxman cometh 17-02-2012
- Trust 13-01-2012
- Holidays 09-01-2012
- Rationale behaviour creates undesirable results 09-12-2011
- Accounting skills are most valuable in tough times 02-12-2011
- On-line advertising 28-11-2011
- Social Welfare with a hard edge 10-11-2011
- Entitlement and fairness 03-11-2011
- Technology opportunities 28-10-2011
- Distractions aplenty 28-10-2011
- Exchange rate management 23-09-2011
- Holidays are good 15-09-2011
- Giving it away? 15-09-2011
- Penny and Hooper 26-08-2011
- A perfect size 05-08-2011
- Is it time to buy that offshore business? 29-07-2011
- Value 23-07-2011
- Capital Gains Tax myths 08-07-2011
- The cost of monthly payments 15-06-2011
- Cars their Colour and FBT 06-06-2011
- And they're ready 26-05-2011
- What if Australia needs an extra 500,000 staff 13-05-2011
- Lean Accounting 08-05-2011
- Common themes for most businesses in NZ at the moment 11-04-2011
- Funding Development Projects 22-03-2011
- How good are your financial processes? 22-02-2011
- When did you last think about your structure? 22-02-2011
- Key business issues to think about at the moment 22-02-2011