Author: DBB
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OCR cut to 4.75%
The reserve bank has cut the official cash rate by 50 basis points to 4.75%. The official cash rate is set by the reserve bank monetary review. This sets the cost that banks incur to borrow money from the reserve bank. These were previously called OCR (Official Cash Rate) announcements. This was changed to Monetary…
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Driving nowhere fast
People going through the driver licence regime are having a decent wait on their hands. It currently takes 35 days of waiting to sit a full driver licence test. The restricted test wait times are worse at 46 days. The target is to have 90% of people sitting their test within 30 days. After the previous…
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Interview like a STAR
It can be daunting interviewing for a new job. Different employers have different interview techniques and the one we will touch on here is the STAR method. This method involves you talking about a Situation you have been in, the Task you performed, the Action you took and the Result (STAR). To set up your…
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Sport Report – 4 Oct 2024
The All Blacks ended their Rugby Championship with a more comfortable win against Australia and finished second in the Championship, 2 points ahead of Argentina. The NRL Grand Final is on Sunday night where the minor premiers the Storm take on the second placed finishers the Panthers. Big Nelson Asofa-Solomona has been suspended for this…
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How to show website ads and appear in search results
We have been having issues with getting Google AdSense to allow us to serve ads on our WordPress website. The message we received was “Your site doesn’t have enough unique content or provide a good user experience”. This may have been due to having the required files saved in the main root folder instead of…
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Happiness according to ChatGPT
What is Happiness? Happiness is a complex emotional state often described as a sense of well-being, joy, and contentment. It varies for each individual but typically involves feelings of satisfaction with life, meaningful connections with others, and a balance between personal goals and achievements. Happiness can be influenced by both external factors (such as relationships,…
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Sport Report – 27 Sept 2024
Liam Lawson has finally officially been named to take over Daniel Ricciardo’s seat for the rest of the F1 season. It was a shame to lose the likeable Ricciardo without him having a proper sendoff at the Singapore GP. The fans knew it was likely his last race, which is how Daniel won the fans…
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IRD Amalgamation consultation
Amalgamations The amalgamating company ceases to exist on the companies register, but the rights and obligations of the amalgamating company continue to exist in the form of the amalgamated company for income tax purposes. The amalgamating company shares are disposed of at cost with no gain or loss being recognised. They must be cancelled without…
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Economic Systems and AI. – A ChatGPT analysis
Ranking the Economic Systems for the Masses 1. Mixed Economies (Scandinavia): – Better Off: Countries with mixed economies, such as Sweden and Denmark, rank highly in terms of living standards. They combine the innovation and growth incentives of capitalism with the social safety nets of socialism. Citizens enjoy universal healthcare, free education, generous welfare benefits,…
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Trickle-Down Economics – A ChatGPT overview
Trickle-Down Economics: Overview and Beneficiaries Trickle-down economics refers to a theory that argues that benefits given to the wealthy—such as tax cuts for corporations and high-income individuals—will eventually “trickle down” to the rest of society through increased investment, job creation, and overall economic growth. This theory is rooted in supply-side economics, where boosting supply is…
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Illuminate 2024
Over the past few weeks the Illuminate light show has been held at the Christchurch Botanical Gardens. This event has been running for a few years and is also held in Timaru and Nelson. It has been a popular event for the whole family to attend as they were able to take a gander at…