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	<title>The Productive Economy Council</title>
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	<link>http://www.pec.org.nz</link>
	<description>The Productive Economy Council represents a growing community of people that wish to see New Zealand return to the upper end of the OECD in terms of GDP per capita.</description>
	<pubDate>Mon, 01 Mar 2010 01:40:30 +0000</pubDate>
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		<title>The Fabians: There is an alternative</title>
		<link>http://www.pec.org.nz/2010/03/the-fabians-there-is-an-alternative/</link>
		<comments>http://www.pec.org.nz/2010/03/the-fabians-there-is-an-alternative/#comments</comments>
		<pubDate>Mon, 01 Mar 2010 01:40:30 +0000</pubDate>
		<dc:creator>Selwyn Pellett</dc:creator>
		
		<category><![CDATA[Elsewhere]]></category>

		<guid isPermaLink="false">http://www.pec.org.nz/?p=263</guid>
		<description><![CDATA[&#8220;There is a general consensus across all political parties and government bodies that New Zealand&#8217;s economic future is precarious - our exports are low, our debt is high, our relative standard of living continues to decline. As a small, open trading economy with a heavily reliance on commodity exports, coupled with a volatile exchange rate, [...]]]></description>
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		<title>Bernard Hickey slams Key as &#8220;mediocre leader&#8221;</title>
		<link>http://www.pec.org.nz/2010/02/bernard-hickey-slams-key-as-mediocre-leader/</link>
		<comments>http://www.pec.org.nz/2010/02/bernard-hickey-slams-key-as-mediocre-leader/#comments</comments>
		<pubDate>Tue, 09 Feb 2010 03:40:43 +0000</pubDate>
		<dc:creator>Selwyn Pellett</dc:creator>
		
		<category><![CDATA[Elsewhere]]></category>

		<guid isPermaLink="false">http://www.pec.org.nz/?p=258</guid>
		<description><![CDATA[&#8220;He is saying, I don&#8217;t like the activity of investing in property to avoid paying taxes, but I&#8217;m not brave enough to challenge them or convince them what is in their best long term interests.
He has finally shown his colours. He is a mediocre leader without the vision or the ability to change New Zealand. [...]]]></description>
		<wfw:commentRss>http://www.pec.org.nz/2010/02/bernard-hickey-slams-key-as-mediocre-leader/feed/</wfw:commentRss>
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		<title>The Productive Economy Councils welcomes Labour&#8217;s stance on tax and monetary policy reform</title>
		<link>http://www.pec.org.nz/2010/01/the-productive-economy-councils-welcomes-labours-stance-on-tax-and-monetary-policy-reform/</link>
		<comments>http://www.pec.org.nz/2010/01/the-productive-economy-councils-welcomes-labours-stance-on-tax-and-monetary-policy-reform/#comments</comments>
		<pubDate>Thu, 28 Jan 2010 02:22:35 +0000</pubDate>
		<dc:creator>Selwyn Pellett</dc:creator>
		
		<category><![CDATA[Current Thinking]]></category>

		<guid isPermaLink="false">http://www.pec.org.nz/?p=247</guid>
		<description><![CDATA[The Productive Economy Councils welcomes Labour&#8217;s stance on tax and monetary policy reform
The Productive Economy Council welcomes comments in a speech from Labour leader Phil Goff today in which he outlined Labour&#8217;s economic priorities in 2010.
PEC spokesman Selwyn Pellett says Phil Goff is spot on in highlighting the need to up skill our population to [...]]]></description>
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		<title>Productive Economy Council Calls for a National Vision from John Key</title>
		<link>http://www.pec.org.nz/2009/12/productive-economy-council-calls-for-a-national-vision-from-john-key/</link>
		<comments>http://www.pec.org.nz/2009/12/productive-economy-council-calls-for-a-national-vision-from-john-key/#comments</comments>
		<pubDate>Wed, 02 Dec 2009 04:10:50 +0000</pubDate>
		<dc:creator>Selwyn Pellett</dc:creator>
		
		<category><![CDATA[Current Thinking]]></category>

		<guid isPermaLink="false">http://www.pec.org.nz/?p=244</guid>
		<description><![CDATA[The Tax Working Group is the latest initiative from the government that is setting out to find answers to questions we haven&#8217;t yet asked, says the Productive Economy Council.
&#8220;Like Don Brash&#8217;s productivity taskforce, the Tax Working Group will inevitably make recommendations to &#8220;fix&#8221; a broken system. Which is fine, as far as it goes. The [...]]]></description>
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		<title>After Phil Goff&#8217;s inflation squib, then what?</title>
		<link>http://www.pec.org.nz/2009/11/after-phil-goffs-inflation-squib-then-what/</link>
		<comments>http://www.pec.org.nz/2009/11/after-phil-goffs-inflation-squib-then-what/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 23:33:55 +0000</pubDate>
		<dc:creator>Selwyn Pellett</dc:creator>
		
		<category><![CDATA[Elsewhere]]></category>

		<guid isPermaLink="false">http://www.pec.org.nz/?p=241</guid>
		<description><![CDATA[&#8220;Labour has also to rethink tax, productivity growth and innovation. Like Mr English, it worries about the serious imbalance between exports and the domestic economy, low savings and seriously high foreign debt. Unlike Mr English, Labour is much concerned with &#8220;economic sovereignty&#8221;.&#8221;
Colin James analyses Labour&#8217;s shift in thinking on inflation targetting in The Dominion Post
]]></description>
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		<title>Phil Goff&#8217;s decision to seek a more equitable monetary policy is welcome</title>
		<link>http://www.pec.org.nz/2009/11/phil-goffs-decision-to-seek-a-more-equitable-monetary-policy-is-welcome/</link>
		<comments>http://www.pec.org.nz/2009/11/phil-goffs-decision-to-seek-a-more-equitable-monetary-policy-is-welcome/#comments</comments>
		<pubDate>Thu, 19 Nov 2009 23:07:41 +0000</pubDate>
		<dc:creator>Selwyn Pellett</dc:creator>
		
		<category><![CDATA[Current Thinking]]></category>

		<guid isPermaLink="false">http://www.pec.org.nz/?p=235</guid>
		<description><![CDATA[Phil Goff&#8217;s decision to seek a more equitable monetary policy is welcomed by the Productive Economy Council.
It&#8217;s good to finally see a politician stand up and say we have got it wrong with our monetary policy and it&#8217;s time to fix it.
But Labour&#8217;s shift in position is only the first step in what promises to [...]]]></description>
		<wfw:commentRss>http://www.pec.org.nz/2009/11/phil-goffs-decision-to-seek-a-more-equitable-monetary-policy-is-welcome/feed/</wfw:commentRss>
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		<title>Best practice monetary policy?</title>
		<link>http://www.pec.org.nz/2009/11/best-practice-monetary-policy/</link>
		<comments>http://www.pec.org.nz/2009/11/best-practice-monetary-policy/#comments</comments>
		<pubDate>Thu, 19 Nov 2009 22:38:09 +0000</pubDate>
		<dc:creator>Selwyn Pellett</dc:creator>
		
		<category><![CDATA[Current Thinking]]></category>

		<guid isPermaLink="false">http://www.pec.org.nz/?p=232</guid>
		<description><![CDATA[John Key&#8217;s comments this morning about New Zealand having best practice in monetary policy is clearly untrue. The facts don&#8217;t support John Key and as an ex-Foreign Currency trader himself he must surely know that. Singapore is currently No 9 in GDP per capita in the world and we are no 46. Mr Key needs [...]]]></description>
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		<title>Goff says RB policy targets don&#8217;t work</title>
		<link>http://www.pec.org.nz/2009/11/goff-says-rb-policy-targets-dont-work/</link>
		<comments>http://www.pec.org.nz/2009/11/goff-says-rb-policy-targets-dont-work/#comments</comments>
		<pubDate>Wed, 18 Nov 2009 23:33:06 +0000</pubDate>
		<dc:creator>Selwyn Pellett</dc:creator>
		
		<category><![CDATA[Elsewhere]]></category>

		<guid isPermaLink="false">http://www.pec.org.nz/?p=227</guid>
		<description><![CDATA[In a speech to Federated Farmers today  Labour leader Phil Goff  has indicated that at least one of the major political parties appears to be getting the message, saying:
&#8220;&#8230; our Reserve Bank policy targets are not well designed to produce a stable and competitive exchange rate, nor to keep interest rates as low as [...]]]></description>
		<wfw:commentRss>http://www.pec.org.nz/2009/11/goff-says-rb-policy-targets-dont-work/feed/</wfw:commentRss>
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		<title>Bernard Hickey: Bollard leads world</title>
		<link>http://www.pec.org.nz/2009/11/bernard-hickey-bollard-leads-world/</link>
		<comments>http://www.pec.org.nz/2009/11/bernard-hickey-bollard-leads-world/#comments</comments>
		<pubDate>Sun, 15 Nov 2009 23:06:16 +0000</pubDate>
		<dc:creator>Selwyn Pellett</dc:creator>
		
		<category><![CDATA[Elsewhere]]></category>

		<guid isPermaLink="false">http://www.pec.org.nz/?p=225</guid>
		<description><![CDATA[&#8220;Alan Bollard deserves to be congratulated for quietly leading the world&#8217;s central banks towards a new tool for monetary policy that might help New Zealand avoid the tyranny of a high official cash rate (OCR) killing our export sector.&#8221;
From The NZ Herald
]]></description>
		<wfw:commentRss>http://www.pec.org.nz/2009/11/bernard-hickey-bollard-leads-world/feed/</wfw:commentRss>
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		<title>Inquiry finds banks failed to pass on cuts</title>
		<link>http://www.pec.org.nz/2009/11/inquiry-finds-banks-failed-to-pass-on-cuts/</link>
		<comments>http://www.pec.org.nz/2009/11/inquiry-finds-banks-failed-to-pass-on-cuts/#comments</comments>
		<pubDate>Tue, 10 Nov 2009 23:54:46 +0000</pubDate>
		<dc:creator>Selwyn Pellett</dc:creator>
		
		<category><![CDATA[Current Thinking]]></category>

		<guid isPermaLink="false">http://www.pec.org.nz/?p=221</guid>
		<description><![CDATA[&#8220;Statistical evidence produced to the inquiry showed that while most interest rates had fallen since the global financial crisis began late last year, major banks had not passed on the full impact of OCR cuts into short-term interest rates charged to customers,&#8221; says Labour finance spokesperson David Cunliffe of the results of the parliamentary banking [...]]]></description>
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