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Anemic recovery

Written By: - Date published: 7:49 am, June 24th, 2013 - 113 comments
Categories: class war, economy, employment, national - Tags: , ,

Despite the heroic efforts of National’s spinsters (Hi Matthew!) the economic “recovery” remains anemic. Over the last few days we’ve had various reports. Let’s start here:

Economy grows just 0.3pc – half expected pace

The New Zealand economy grew at half the pace analysts were expecting in the first three months of the year as drought across the North Island sapped milk production and dragged the agriculture sector down. The kiwi dollar fell on the numbers.

Gross domestic product grew 0.3 per cent to $37.1 billion in the three months ended March 31, from a pace of 1.5 per cent in the December period, according to Statistics New Zealand. That’s half the 0.6 per cent rate predicted in a Reuters survey of economists and below the 0.5 per cent pace forecast by the Reserve Bank in its June monetary policy statement published last week.

The economy grew at annual 2.5 per cent, in line with expectations, and activity in the March quarter was 2.4 per cent higher than the same period a year earlier. …

“Today’s data confirmed the economy started 2013 on a mixed note, with recent quarterly volatility a reminder that the economy is navigating its way through various shocks. This volatility looks set to continue given the pending drought hit, with the required shift in resources to facilitate rising construction sector activity likely to create tensions,” said [ANZ economist] Smith.

“Moreover, the housing-induced uplift still looks difficult to sustain without a pronounced improvement in the labour market backdrop, and with pending fiscal tightening and a RBNZ prudential policy response.

We’re spending our houses again. Not good. And there’s cause for concern on jobs too:

Job ads not at economic recovery party

Job advertisements fell 1.7 per cent in May, reversing previous gains and indicating that the job market has yet to catch up with the economic recovery, ANZ says.

The latest ANZ New Zealand Job Advertisements report shows newspaper job ads fell 7.2 per cent in May, while internet job ads fell 0.7 per cent. This was despite strong gains in February and March.

Given that job advertising leads changes in unemployment data by six months, the new figures suggest a risk the unemployment rate will rise, the bank said.

When it comes to the big picture you simply can’t beat Bernard Hickey:

Reform tax to spread recovery fairly

…Stock markets around the globe slumped when US Federal Reserve chairman Ben Bernanke threatened to turn off the money-printing drip by mid-next year. Long-term interest rates rose sharply. Most importantly for New Zealand, even China’s new leadership got in on the act, forcing up interest rates to their highest point in a decade. The NZ dollar fell three US cents to its lowest point in a year. Banks started raising fixed mortgage rates. Now we’ll see just how sustainable the economic recoveries in the US, China and NZ are. Will we see yet another false start before a relapse to medicated remission? …

NZ shares a big problem with the US and Europe. Our household sectors are still heavily indebted and incomes in the middle and lower income groups are barely above where they were five or six years ago.

Figures this week show NZ’s real per capita GDP is still 1.3 per cent below 2007’s. Most of the gains in any economic recovery have gone to the top few per cent of the population. Property owners in Auckland and owners of stocks have been the major beneficiaries.

A study of the US recovery from 2009 to 2011 found the incomes of the top 1 per cent rose 11.2 per cent, while the real incomes of the bottom 99 per cent fell 0.4 per cent, which meant the top 1 per cent captured 121 per cent of the recovery’s gains.

True economic rehabilitation requires reform to more heavily tax the incomes and assets of the wealthiest 10 per cent then redistribute that as income to the bottom 90 per cent. [My emphasis]

What recovery there is has been captured by the few – see also:
Economic growth still benefiting only a few
Times tough but not for Nats’ friends

As I’ve been saying for a long time now – we’ll dig ourselves out of the economic doldrums eventually, not because of the Nats’ policies, but in spite of them. All National have managed is to hold us back for four years.

113 comments on “Anemic recovery”

  1. tc 1

    The top end of town is doing very nicely thanks and the farmers can do as they please with their land pretty much with juicy revenue generating assets on the block, job done in the NACT world.

  2. Colonial Viper 2

    Hmmmmm…any serious economic growth means more fossil fuel use and consumption of imported products. That’s the dilemma we find ourselves living in within the current system.

  3. The Auckland housing market is scary. Lemming like there are hordes of people wanting to buy houses signing more and more extreme contracts. It is pretty terrifying and people are going to get hurt.

    There is a political dynamic in play. People will not say it but as soon as the words “reduction in house prices” people do a quick calculation in their head and see how much they would lose. This makes fundamental change very difficult.

    The two ways of addressing it are on the table thought. Labour’s and Mana’s policies of mass new house construction will achieve a lot of good and a capital gains tax is way overdue.

    But watch as personal greed clashes with community good …

    • One Anonymous Knucklehead 3.1

      Won’t population growth (5M by 2026) offset a lot of the downward pressure on house prices?

      • ghostrider888 3.1.1

        this supply side issue could linger.

      • Draco T Bastard 3.1.2

        Not if the government builds enough homes. IMO, the government should ensure that there’s a 1 to 2 percent over supply of housing.

    • King Kong 3.2

      I don’t think you can describe not wanting to have (what is most peoples) only major asset half in value, as greed.

      Vilifying hard working home owners like that is mental. I can see the John Ansell billboards now,
      National – Homeowner, Labour – C**t.

      • Colonial Viper 3.2.1

        Except home ownership is dropping like a rock right now, dickwad.

        PS a house is not a speculative investment asset, it’s just a roof over your head. Or at least, thats what it needs to go to.

        • King Kong 3.2.1.1

          Going after existing homeowners is sure to be electoral gold because they are so insignificant in number now. Now that is the plan of a dickwad.

          It is not necessarily speculative, but property is an investment…at least it is on this planet.

          • vto 3.2.1.1.1

            what’s your solution then ?

            to get housing to the internationally accepted affordable level.

            • King Kong 3.2.1.1.1.1

              Personally I don’t think there is a problem as there is a good ammount of affordable housing available throughout the country.

              This tends to be more about young, first time buyers wanting stables and a boating lake on their new property but only wanting to pay entry price levels.

              Secondly, if there is a problem and houses are overvalued, then the market will sort it out.

              • vto

                “Personally I don’t think there is a problem as there is a good ammount of affordable housing available throughout the country.”

                I was asking what your solution to the problem is, not if there is a problem. i.e. “If X is a problem, how would you resolve it?”

                “Secondly, if there is a problem and houses are overvalued, then the market will sort it out.”

                Seriously KK, the market has completely failed to do this. Do you not see that?

                • King Kong

                  No it hasn’t.

                  The market will correct an over valuation but what it is telling you right now is that people are lining up in droves to hit the bid, so it is not over valued.

                  • vto

                    Show us the money kk

                    Where is the supply of affordable housing to meet the demand for affordable housing?

                    • King Kong

                      I suggest you contact Bomber Bradbury if you need a real estate agent however I will give you a clue…its not quarter acre sections in central Auckland.

                    • vto

                      no answer

                    • Colonial Viper

                      KK’s answer is “trust in the free markets”

                      What a dickwad

                    • King Kong

                      Certainly better than your solution of “trust in me and my benevolent lefty mates to dictate this shit”.

                    • vto

                      What, you mean like the original state housing scheme? That government failure?

                      And you still haven’t provided any evidence to back up your own assertion. Waiting …..

              • ghostrider888

                you forgot the golf-course and petting zoo.

              • Draco T Bastard

                Secondly, if there is a problem and houses are overvalued, then the market will sort it out.

                Something that the market has failed to do for at least two centuries.

          • BM 3.2.1.1.2

            Yep
            According to the 2006 census, over 1.5 million people in NZ own or partly own their own house.
            That’s a hell of a lot of voters to piss off.

            • Colonial Viper 3.2.1.1.2.1

              Well you’ve captured the problem in a nutshell right there. Both Labour and National Govts have it in their short and medium term electoral interests to keep blowing the house price bubble up and up and up. Until the ‘pop’ is loud enough to shatter everyone’s eardrums.

              • BM

                House prices can be brought down all you do is increase supply and you achieve that freeing up land cutting consent costs etc and then getting out of the way
                It has to be done without direct government intervention, let the market sought its self out and within a few years you’ll find prices starting to tail off.

                The aim should be getting as many spec builders as possible jumping into the market and flooding it with houses.
                Greed and stupidity will sink house prices not government intervention

                • Colonial Viper

                  Sadly, your method is designed to fail from the start, and to perpetuate unearned income gains by property and property development speculators.

                  1) Changes made to make it clear that housing is not an investment asset as there will be no real price growth in houses going forwards.

                  2) Private retail bank lending to be heavily constrained.

                  3) Population growth in Auckland to be discouraged and shifted out to secondary centres like Hamilton.

                  4) Speculative non occupier demand for houses to be crushed.

                  • BM

                    I disagree.
                    You seem to think we live in a dictatorship where no one gets to vote.
                    Any government that tried to put in place the policies you are proposing would be lucky to survive to the next election.
                    You’ve got to be realistic and try to work within the constraints of the current system because it’s not changing anytime soon.

                    • Colonial Viper

                      If it’s not changing any time soon, why do I hear denial and fear in your voice?

                    • Draco T Bastard

                      You’ve got to be realistic

                      LOL

                      What you’re suggesting is against reality.

                • Draco T Bastard

                  House prices can be brought down all you do is increase supply and you achieve that freeing up land cutting consent costs etc and then getting out of the way

                  Doing that will push the cost of living up and won’t actually bring the price of houses down. Driving the cost of living up will, without doubt, increase the amount of poverty in NZ. What you suggest will only benefit the land-banksters.

                  It has to be done without direct government intervention, let the market sought its self out and within a few years you’ll find prices starting to tail off.

                  The market is a social construct the regulations that the government set actually define it. Also, the market doesn’t work as the GFC just proved – again.

                  • BM

                    Only because the US government stuck its oar in and fucked everything up.
                    Should have just let everything crash and burn and then let things recover naturally.

                    Bailing out businesses with tax payer money was dumb beyond belief.

                    • ghostrider888

                      that is an interesting concession of yours we must remember BM; “crash and burn”. Yep, the US and the troika have just insulated the straw house for a little while longer.

                    • Draco T Bastard

                      Bailing out businesses with tax payer money was dumb beyond belief.

                      The only thing dumber was being capitalist in the first place.

                    • ropata

                      BM: we tried the “no regulations” approach and got leaky and cold untreated timber homes stapled together by dodgy operators who conveniently went out of business and left councils and homeowners with a $6 billion mess.

                      Housing would have been more plentiful and cheaper if builders weren’t spending so much time fixing up crazy Art Deco flat roofed leakers up and down the country

                    • ropata

                      BM: we tried the “no regulations” approach and got leaky and cold untreated timber homes stapled together by dodgy operators who conveniently went out of business and left councils and homeowners with a $6 billion mess.

                      Housing would have been more plentiful and cheaper if builders weren’t spending so much time fixing up crazy Art Deco flat roofed leakers up and down the country

      • One Anonymous Knucklehead 3.2.2

        Reality check: property will not halve in value; but it won’t treble, either, and that’s the point.

        • Colonial Viper 3.2.2.1

          In Auckland, nominal house prices have trebled in just 20 years.

          • One Anonymous Knucklehead 3.2.2.1.1

            So there should be plenty of room to reduce the rate of increase without devaluing existing property.

      • gsays 3.2.3

        an interesting question: what is greed?

        i would suggest it is having more than your fair share.

        in order to have more than you fair share then someone else must go without.

        this is at the root of all our problems.

        till we can learn to simply share ( not barter, not trade ), we are screwed.

      • Draco T Bastard 3.2.4

        The value hasn’t changed – just the price.

        Besides, the government could offer 0% interest loans so that the drop in price wouldn’t mean anything.

    • Colonial Viper 3.3

      MS – I’m going to run Bernard Hickey’s line – it’s not supply which is the main problem in Auckland, it is demand. Whether it’s locals looking for a 5th investment flat, or overseas Australians, Europeans or Chinese coming here with cheap money looking for asset price growth.

      • mikesh 3.3.1

        It seems to me that rationing of purchases in designated “shortage” areas would make a lot of sense.

    • vto 3.4

      This will melt down before the year’s out I reckon. It never melted down properly last time (post-GFC) and this will be a continuation of that previous meltdown.

      Politically, a bubble like this helps the incumbent government and vv a burst bubble harms them of course.

      Longer term, the ridiculous costs of building require a multi-faceted approach…

      Code and regs keep pushing requirments and costs up. Latest example – scaffold cf ladders = $4,000 per house.
      Government put GST up 2.5%
      Councils put up development contributions.
      Building supplies monopolies and duopolies such as cement. Total rort. Compare Aussie costs.
      Allowing foreigners to own our houses. Fucking dumb.
      Tax structures in NZ favaour making money via capital gains.
      Complete and utter failure of the ‘free market’ to supply a demand for affordable housing.
      Desire by every single government to get house prices rising due to its effect on voting patterns at general elections.
      Land supply limitations and controls (to a lesser extent than each of the above).
      ..

      on it goes.

      Muli-pronged. Some governments with big balls is needed to monster every single one of these issues all at once. But expect fight back from vested interests (banks and existing property owners).

      • Tim 3.4.1

        “Building supplies monopolies and duopolies such as cement. Total rort. Compare Aussie costs.”
        Agree absolutely.
        I’m amazed there hasn’t been an inquiry into the costs of building supplies. I mean FFS! We grow radiata pine here in abundance.
        I recently had to do some essential repairs and based my estimate on costs from a previous project some years ago + a margin for inflation (or so I thought).
        I was out by a mile!
        Rort is exactly what it is

    • AmaKiwi 3.5

      @ MickeySavage

      A mania is emotional, not rational.

      You’re absolutely right. When this real estate bubble bursts there will be widespread pain and blame.

      I have tried to convince friends to be cautious but it’s hopeless. Fear and greed are immune to reason.

      • Colonial Viper 3.5.1

        Yep, good friend has just leveraged to the hilt on his first home in Ellerslie this year. A real estate agent has said to him if he wanted to sell now he could walk away with $100K extra clean in capital gains. Except by the time he found another house he would likely be behind again…it’s madness.

        • vto 3.5.1.1

          Ha, yep you see that aint a gain at all is it. Unless your friend is going to step our of the housing market. This is the fallacy.

          Mind you its all good for the banks ……

          • Colonial Viper 3.5.1.1.1

            Well, you could step out of the Auckland housing market and move into the Bulls housing market…

  4. geoff 4

    If Japan is anything to go by then it won’t be long until the money printing fires up again.

    http://ourworld.unu.edu/en/japan-as-the-new-normal-living-in-a-constrained-economy/

    • Colonial Viper 4.1

      Money printing is not going to help Japan now. They aren’t illiquid, they are insolvent. The Japanese Govt now owes 1 quadrillion yen. Currently 25% of their tax revenues are spent on paying the interest on government debt.

      Take a look at this – Kyle Bass has Japan nailed.

      http://www.youtube.com/watch?v=ZY6IEpKRA7Y

      • geoff 4.1.1

        Some great sound bites from that vid (so far):
        (Speaking about the Japanese government) “They’re spending more than twice what they make for 5 years in a row”

        • Colonial Viper 4.1.1.1

          Japan has had 10 Finance Ministers in 5 years. That’s a bit of a clue there I reckon.

          • geoff 4.1.1.1.1

            So this Kyle Bass guy made his millions by shorting the sub-prime crisis. And now he runs a hedge fund and seems have a reputation as the guy who can pick when things are about to go belly up.

            What I find interesting about these kinds of guys, ie Bass, Max Keiser, etc who make lots of public statements about how such and such is going to go belly up, or gold is about to go through the roof etc, is that they seem to continually get it wrong.

            How many months did Keiser go on about the ‘paper apocalypse’ which, so far, hasn’t occurred? This Kyle Bass guy has been going on about Japan disintegrating since 2010 and yet still it hasn’t quite happened.

            I’m not saying I disagree with all of their analysis but you can’t help but roll your eyes a little when hear about the latest financial thing that is supposedly on the verge of imploding.

            • Colonial Viper 4.1.1.1.1.1

              Bass is a fiduciary and he successfully looked after the interests of his investors.

              Yes, Max Keiser has underestimated how long the powers that be can keep kicking the can down the road for.

              But you need to bear in mind a few things: for tens of millions of Americans who can no longer retire in the comfort they thought because their pension funds have been wiped out, financial armageddon has already come. For the tens of millions of Americans who have already suffered a home foreclosure, financial armageddon has already come. For the hundreds of thousands of Greek and Spanish small business owners who have closed down in the last few years, financial armageddon has already come.

              And for the rest of us, we’ve been saddled with massive debts directly and indirectly to pay for the rescue of insolvent financial institutions and banks.

              What I’m saying is this: shit hasn’t collapsed for most people in NZ yet, but let’s not ignore the fact that it’s definitely already happened to many and it is rolling around the world.

              Michael Burry on how he hated making millions from the subprime crisis:

              http://www.youtube.com/watch?v=1CLhqjOzoyE

              as for Japan – Bass says you can’t argue with the numbers. Japan is insolvent. The only variable now is the psychology of the market participants, and how long they will go along with kicking the can down the road. 10 finance ministers in 5 years. That says something.

              • geoff

                No argument from me on lots of those points. You’ve said it well with your ‘kicking the can down the road’ line in reference to Keiser but I can’t help but lump all the other predictions that are shorting the system, such as Bass’s, in with that analogy.

                Let’s assume that the main beneficiaries of the global economy have strong common interests and that if something as large as the Japanese economy collapses then they will all suffer (c.f the GFC). If that were the case then I think they would all work very hard together to stop that from happening.

                Remember it’s just a made up system, it isn’t like the laws of physics, so if the powers that be feel the need to change the rules for their own survival then they will simply change the rules.

                • Colonial Viper

                  if something as large as the Japanese economy collapses then they will all suffer (c.f the GFC). If that were the case then I think they would all work very hard together to stop that from happening.

                  Normally, yes. If all the other members of the G20 or the OECD were in rude financial health, with surpluses and reserves to spare.

                  But now, that is not the reality. I think we will find that national self interest, not systemic interest, is suddenly going to become more prominent.

                  • geoff

                    Nah, national self interest doesn’t exist, CV. Multinational corps rule and they’ll do as they please.

                    • Colonial Viper

                      Mostly true, although in reality it’s a few thousand corporate board members and institutional fund leaders (I suggest fewer than 10,000 people in total) who are in charge

    • ghostrider888 4.2

      “Reluctant to spend that money at home” in Japan
      http://www.ibtimes.com/japanese-foreign-direct-investment-fdi-japan-inc-seeking-growth-abroad-1318357
      promoting foreign direct-investment, hollowing out the domestic economy.

  5. ghostrider888 5

    and, moving Right along to the asset sales programme;
    http://www.nzherald.co.nz/opinion/news/article.cfm?c_id=466&objectid=10892418
    “Prospects Gloomy” (otherwise fine in the bay)
    -“MRP won’t pass $2.50 in next 12 months suggest 3 / 5 broker analysts”
    -“difficulties facing the float of Meridian and Genesis now even greater” even.

    Yeaup yeaup yeaup

  6. Jimmie 6

    Right so we can add ‘drought causer’ to the list of John Key’s sins.

    It could probably slot right in between ‘child eater’ and ‘rich prick’.

    Never mind that when Key has a policy of promoting the building of water storage dams to negate the effect of droughts he is dammed as a rich prick and out to help his rich farmer mates.

    Stupid is as stupid does.

    • One Anonymous Knucklehead 6.1

      John Key has a policy of building dams? He’s keeping damned quiet about it.

      New Zealand history shows that all Labour led governments have managed the economy better than your pack of clowns. Get over it.

      PS: now I get it; Key wants to sell the dams, not build them, you goose.

      • Jimmie 6.1.1

        Um Knucklenhead you dodo take off your one eyed blinker for a second and read the following link.

        http://www.national.org.nz/PDF_General/Primary_Sector_policy_.pdf

        I said water storage dams – helps promote irrigation use during dry summers – negates the effect of extended summer dry periods. Hard for Key to sell them when they are built yet.

        In regards to your comment about Labour led governments I assume that you fully support Roger Douglas’s reforms in the 1980’s then?

        • One Anonymous Knucklehead 6.1.1.1

          Really? Well I suggest you stop making an ass of yourself then.

          Anyway, regarding the National Party’s water policy plan to give handouts to farmers, do you know how much they charged their clients in the farming sector for it?

        • Te Reo Putake 6.1.1.2

          Tired old link, Jimmie. If only they were committed to doing something about it in a timely manner. Last I heard, they’d put a few million aside to do the investigation work, hire a few of their cronies, etc. but no actual earthworks. I guess they just aspirational.

        • Kevin Welsh 6.1.1.3

          Considering we are told that there is a dearth of great investment opportunities in NZ, here is the perfect vehicle for the well-heeled Jimmie. Time for farmers and the wealthy to put their money where their mouths are and invest in the likes of the Ruataniwha dam scheme… but we know they won’t when there is the perennial sucker called the tax payer waiting to front the cash and take the risk.

          • ghostrider888 6.1.1.3.1

            Yep, running around looking for other investors, including the ratepayer, kinda like flying choppers in to free snow-bound stock at a $1000+ an hour while pleading for volunteer assistance to save their wooly assets.

      • Melb 6.1.2

        Including in the run up to that 1990 election where they lied about the state of the government books?

  7. Winston Smith 7

    This is not good for Labour…

    The best the left can come up with is the economy not growing as quickly as expected (so its growing) even though NZs doing a lot better than most

    So your secret weapon is Bernard Hickey…better than Shearer I suppose

    • One Anonymous Knucklehead 7.1

      Yes, that’s the best. Unless you count NZ Power. And Kiwibuild. And closing charter schools. And abolishing National Standards, and returning some balance to employment law.

      There’s probably a few other things besides, so yes, I expect we can safely say that pointing out how shit the National Party is is about the tenth best thing or so. But you were close.

    • ghostrider888 7.2

      …and Brian Fallow, Brian Easton, Shamubeel Eaqub, Colin James, Kim Hill, Bryce Edwards…

  8. Richard Down South 8

    A free market doesn’t supply what’s needed, it supplies whats PROFITABLE

    • vto 8.1

      And therein lies one of many of its flaws.

      Lordy knows why people think the free market can solve everything. Whatever happenned to roger dougal, richard puddle, don crash, rodney don’t hide amd david farrart……….. why don’t they come out and explain where their theories have gone all awry?

      • Colonial Viper 8.1.1

        Well the simple fact is that there’s too much regulation and taxes are still too high, so if we were to get rid of just a bit more, we’d reach FMU (Free Market Utopia)

  9. Matthew Hooton 9

    Very disappointing GDP data, you are absolutely right. Only a bit over 1.8% for the six months to 31 March.

    May tourism stats look good though: http://m.stats.govt.nz/browse_for_stats/population/Migration/IntTravelAndMigration_MRMay13.aspx. The minister must be doing a good job. Hopefully Q2 2013 GDP will be much better than Q1 2013 partly as a result.

    • Arfamo 9.1

      May tourism stats look good though: The minister must be doing a good job.

      How does that follow?

      • Matthew Hooton 9.1.1

        I was being ironic and baiting you. I don’t think ministers of particular industries do all that much to drive extra demand. But if anyone here wants to blame ministers for negative developments in their portfolio sectors, then obviously you must acknowledge the minister’s “success” in this case. Here’s to Mr Key, surely contributors here should be saying.

        • ghostrider888 9.1.1.1

          thats some chum!

        • Te Reo Putake 9.1.1.2

          “But if anyone here wants to blame ministers for negative developments in their portfolio sectors, then obviously you must acknowledge the minister’s “success” in this case.”

          Only where the success/failure can be directly linked to the Minister concerned.

          And don’t call me surely.

        • Arfamo 9.1.1.3

          I was being ironic and baiting you.

          Fair enough. You may be baiting someone, but not me. I’m just following the debate.

    • ghostrider888 9.2

      looking to change paymasters Matthew?

      • Matthew Hooton 9.2.1

        Strangely, I have this policy of saying, when GDP growth is strong, that that is good for the govt and, when GDP growth is weak or negative, that that is bad for the govt. There are no “paymasters”.

        • ghostrider888 9.2.1.1

          Bet, you’ve heard this song reflected upon in many a bar, from student beer-palace, to broad sports-bar to boutique cock-tail club;

          “You got to know when to hold ‘em, know when to fold ‘em
          Know when to walk away and know when to run.
          You never count your money when you’re sittin’ at the table.
          There’ll be time enough for countin’, when the dealin’s done.

          Now Ev’ry gambler knows, that the secret to survivin’
          Is knowin’ what to throw away and knowin’ what to keep.”

          Kind Recards.

        • KJT 9.2.1.2

          Good spin Hoots (With laughter).

          Spin all you like, but the fact is in NZ history the more right wing the Government the lower the economic growth. 30% less GDP growth under right wing governments, on average.

          They cannot even do well by their own favourite measurements.

          Of course by almost any other measure, National, is, a national disaster!

          And. Without the “hospital pass”, for National, of Christchurch reconstruction, migration, Auckland housing booms and artificially high interest rates attracting offshore loan money. GDP growth would be well into the negative.

    • felix 9.3

      Bahahaha Hooton you’re such a retard.

      Do you seriously think anyone is going to fall for you suddenly measuring in 6 month increments?

      Quarters, dick.

  10. Adrian 10

    My understanding is that the CHCH rebuild growth contribution was greater than the .03% which would make negative growth for the last however long. Mike King today in an analysis of Chch byelection reckoned 12000 at one stage had left there for Auckland, as some are now getting their payout it would be nice to see some research to see how much this influx is having on demand.

    • vto 10.1

      Exactly Adrian.

      Strip away the Christchurch rebuild (which is a bloody broken-window situation anyway) and the economy will surely have shrunk.

      • Winston Smith 10.1.1

        That maybe but the point is it hasn’t shrunk…

        You lefties like to make excuses rather than face up to your failings:

        “Nationals only popular because: A John Key B MSM C Money from business owners D people are sheple”

        Way not face up to the major issues in your own parties, fix them and give NZ a credible opposition and stop making excuses

        • ghostrider888 10.1.1.1

          you be preaching to the converted.

        • Pascal's bookie 10.1.1.2

          How was vto ‘making excuses’?

          Excuses for what?

          The problem with you righties is that you make no damn sense at all.

          The fact is that rebuilding chch is adding a few points to the gdp figures, unless we have a city destroying earthquake every few years then it’s not really a sustainable f=growth plan. English said he was going to rebalance the economy. When he going to do that/ The tax changes were supposed to do the trick. But they didn’t.

          English also used to talk about the fact that the property boom under labour created a ‘fake economy’ and that the jobs weren’t ‘real’. He’s not saying that now that property is ranking up again is he? But at least under Labour there were jobs.

          • Rosetinted 10.1.1.2.1

            Apparently a unit in the middle of a block, valued at about $350,000, went for near $700,000 in Auckland not long ago. This is total hearsay. Apparently also people are just about crying when they go to auctions of places that they expect to be within their reach.

      • Colonial Viper 10.1.2

        Remember: along with debt levels, GDP per capita is the important measure

  11. ghostrider888 11

    “Chinese economy in free-fall” (relative)
    http://www.ibtimes.com/chinas-economy-free-fall-manufacturing-contracts-again-shibor-climbs-higher-1315953
    while the SHIBOR climbs. hmmm. How those trade-winds turn.

    • Colonial Viper 11.1

      thank goodness we haven’t been relying on shit tonnes of coal and iron ore exports to China to support our economy. This slow down might cause us real trouble otherwise. Oh wait…

  12. ghostrider888 12

    “Developed economies ‘steady’, emerging markets disappoint”
    http://www.ibtimes.com/global-economic-growth-modest-emerging-markets-disappoint-developed-economies-hold-steady-barclays
    Get thee to Malaysia, or Mexico and the Phillipines.

  13. Poission 13

    now lets see since the GFC the loan servicing ( interest) of household debt has decreased by around 4.5 billion a year, and still GDP is in the 3 sigma error range,It is time for either the RB or treasury to provide some simplistic reasons.
    [Bunji: fixed typo in name]

  14. Mark 14

    The cost of building a house in Nz is so far over the top that there has to be price fixing somewhere in the chain. I am in Perth at the moment on business and for $175,000 numerous home building companies will build you a new house with 4 bedrooms, 2 bathrooms, double garage, landscaped and fully furnished on your section. Real eye opener compared to Nz. Land and house packages start at $280,000 and they are really nice. Something is rotten in the Nz housing market.

  15. Mark 15

    The cost of building a house in Nz is so far over the top that there has to be price fixing somewhere in the chain. I am in Perth at the moment on business and for $175,000 numerous home building companies will build you a new house with 4 bedrooms, 2 bathrooms, double garage, landscaped and fully furnished on your section. Real eye opener compared to Nz. Land and house packages start at $280,000 and they are really nice. Something is rotten in the Nz housing market.

  16. Mark 16

    The cost of building a house in Nz is so far over the top that there has to be price fixing somewhere in the chain. I am in Perth at the moment on business and for $175,000 numerous home building companies will build you a new house with 4 bedrooms, 2 bathrooms, double garage, landscaped and fully furnished on your section. Real eye opener compared to Nz. Land and house packages start at $280,000 and they are really nice. Something is rotten in the Nz housing market.

  17. vto 17

    The cost of building a house in Nz is so far over the top that there has to be price fixing somewhere in the chain. I am in Perth at the moment on business and for $175,000 numerous home building companies will build you a new house with 4 bedrooms, 2 bathrooms, double garage, landscaped and fully furnished on your section. Real eye opener compared to Nz. Land and house packages start at $280,000 and they are really nice. Something is rotten in the Nz housing market.

  18. vto 18

    The cost of building a house in Nz is so far over the top that there has to be price fixing somewhere in the chain. I am in Perth at the moment on business and for $175,000 numerous home building companies will build you a new house with 4 bedrooms, 2 bathrooms, double garage, landscaped and fully furnished on your section. Real eye opener compared to Nz. Land and house packages start at $280,000 and they are really nice. Something is rotten in the Nz housing market..

  19. vto 19

    The cost of building a house in Nz is so far over the top that there has to be price fixing somewhere in the chain. I am in Perth at the moment on business and for $175,000 numerous home building companies will build you a new house with 4 bedrooms, 2 bathrooms, double garage, landscaped and fully furnished on your section. Real eye opener compared to Nz. Land and house packages start at $280,000 and they are really nice. Something is rotten in the Nz housing market…

    • Colonial Viper 19.1

      I believe the classical term for it is “rape and pillage”

      However do take into account that NZ workers are paid much more than their Aussie construction counterparts. Oh wait…

      • vto 19.1.1

        hmmmpphh… we will only know after it’s been raped and pillaged

        one must take ones own comfort ….

  20. Whatever next 20

    Yep, ” cooking the books” and a ” shiter future”

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    Labour | 29-10
  • Equal pay and the aged care sector
    Today the High Court upheld the historic ruling by the Employment Court that our Equal Pay Act could be used to consider work of equal value cases; the government has been telling the UN and ILO that it could for...
    Greens | 29-10
  • Court case perfect opportunity for Government to improve gender pay gap
    If the Government wants to halt New Zealand’s slump in international rankings on the gender pay gap it should act on the court finding that women deserve equal wages, Labour’s Women’s Affairs spokesperson Sue Moroney says. “The World Economic Forum’s...
    Labour | 28-10
  • All Auckland transport options should be considered
    All options for meeting Auckland's transport needs should be considered, including reprioritising the transport budget away from wasteful spending on motorways, the Green Party said today.Auckland mayor Len Brown is today releasing a transport report by the Independent Advisory Board,...
    Greens | 28-10
  • Another report highlights Govt failure on child poverty
    An international report measuring the impact of the Global Financial Crisis (GFC) on child poverty rates, showing children in New Zealand have done worse than children in other countries, is further proof the Government needs to urgently take additional steps...
    Greens | 28-10
  • Address and Reply Debate Part 55: Inequality and Disability
    I rise on behalf of the Green Party to talk about inequality and disability.The recent census showed that nearly one in four New Zealanders lives with a disability—up from one in five in the previous census. These figures include some...
    Greens | 28-10
  • Address and Reply Debate Part 55: Inequality and Disability
    I rise on behalf of the Green Party to talk about inequality and disability.The recent census showed that nearly one in four New Zealanders lives with a disability—up from one in five in the previous census. These figures include some...
    Greens | 28-10
  • Child poverty: No more wake-up calls
    A new report which shows the National Government has made no inroads whatsoever into child poverty should do more than just set alarm bells ringing, Labour’s Acting Deputy Leader Annette King says. “UNICEF’s  latest Innocenti Report Card highlights the fact...
    Labour | 28-10
  • Eugenie Sage speaks in the 2014 Address in Reply Debate
    I congratulate you, Assistant Speaker Mallard, as Assistant Speaker and look forward to your knowledge, your fairness, and your light touch in being a referee of proceedings in this House. I congratulate also the other Assistant Speaker, Lindsay Tisch; the...
    Greens | 28-10
  • James Shaw’s Maiden Speech
    Tena Koe, Mr Speaker. I would like to take this opportunity to speak a little of the past, the present and the future. The privilege to serve in this Parliament was given to me by all those who gave their...
    Greens | 28-10
  • Govt airs real views on public broadcasting
    An admission by the Government that it is happy to experiment with Pacific and Maori audiences shows just how weak its vision for public broadcasting in New Zealand is, Labour’s Broadcasting spokesperson Kris Faafoi says. “National today admitted it doesn’t...
    Labour | 28-10
  • Does Judith Collins have a get out of jail card?
    Former justice minister Judith Collins appears to have been gifted a get out of jail free card based on the Prime Minister’s answers in Parliament today, Labour’s Acting Deputy Leader Annette King says. “Judith Collins claimed in an Official Information...
    Labour | 28-10
  • The Final Fifth: The Last Great Task for Progressive New Zealand.
    MOST OF NEW ZEALAND’S social problems are concentrated among those living at the margins of what is otherwise a relatively wealthy society. Recently released international data on child poverty has exposed an acutely stressed social strata encompassing roughly 20 percent...
    The Daily Blog | 31-10
  • Myth Busting Rape Boasters
    In just one week a case that galvanised a nation into discussing rape culture is now being reframed as mischievous teen hi-jinx. One year ago the Roast Busters case came to the attention of the media and the public. This...
    The Daily Blog | 31-10
  • Workers rights weakened by new laws – fightback needed
    The government’s changes to the employment laws are designed to weaken workers bargaining power – at both the individual and collective level.   30-day rule The old law required an employer with a collective agreement in place to employ new...
    The Daily Blog | 31-10
  • GUEST BLOG: Simon Buckingham – Where are Labour Candidates on disability?
    For the few people who know me (hello Mum), I am proudly New Zealand’s first Autistic Spectrum Lawyer, as well as being the very bottom Candidate on the Labour Party List. (64 out of 64). Being honoured like this is...
    The Daily Blog | 31-10
  • GUEST BLOG: Blockade the Budget
    The ‘Independent’ Police Conduct Authority’s report into the policing of student protests in 2012 is a whitewash The report released by the Independent Police Conduct Authority into the policing of student protests in 2012 is a whitewash riddled with inaccuracies....
    The Daily Blog | 30-10
  • When National claim new anti worker laws provide ‘flexibility’ they mea...
    And so it comes to pass. The first law National ram through as part of their victory march are new anti worker laws they pretend will generate ‘flexibility’. The new law denigrate the unions ability to protect workers and provide...
    The Daily Blog | 30-10
  • City Transport: A Taxing Matter
    This week the prospect of paying tolls on Auckland motorways became a hot topic. (See Mathew Dearnaley:Motorway tolling could hit some hard, NZ Herald, 30 Oct 2014.) As we might expect, the kneejerk response has been quite negative. But, as with...
    The Daily Blog | 30-10
  • Open Letter to Amy Adams: Please Reopen The Review Into Sexual Violence Cou...
    Ms Amy Adams, Justice and Courts Minister, Right now in this country it seems that although rape is illegal, it is not being prevented by the agents who uphold the law. It almost feels like rape is only illegal on paper,...
    The Daily Blog | 30-10
  • MEDIA WATCH: Does ‘No-Surprises’ Also Apply To TVNZ News?
    When you stand back and look at NZ media outlets, most of them have at least one or two people who attempt to hold the government to account: John Campbell on TV3, Guyon Espiner and others at Radio NZ, David...
    The Daily Blog | 30-10
  • Things That Make You Go Hmmmmmmm
    Every so often in politics, a public figure comes out with something so absurd and so outlandish … that it really does just make you go “Hmmmmmmmmmm”. We’re accustomed to this from certain quarters – by mid point through the...
    The Daily Blog | 30-10
  • Poverty & inequality don’t need protest marches – they need a riot:...
    The global level of inequality continues to skyrocket… Number of billionaires doubled since financial crisis The number of billionaires has doubled since the start of the financial crisis, according to a major new report from anti-poverty campaigners. According to Oxfam,...
    The Daily Blog | 30-10
  • If Key knows who Rawshark is…
    I’m sorry, what? John Key ‘given Rawshark’s name’The Prime Minister believes he knows who hacked Whale Oil blogger Cameron Slater’s computer and produced the source material for Nicky Hager’s Dirty Politics, according to a new edition of a recently published...
    The Daily Blog | 30-10
  • Child Poverty stats in NZ
    Child Poverty stats in NZ...
    The Daily Blog | 30-10
  • Crimes Act + Police Investigation = WTF
    Just to frame the farce that is the Roastbuster’s investigation and conclusion – here are the parts of the Crime Act http://www.legislation.govt.nz/act/public/1961/0043/latest/whole.html#DLM329057  the Roastbusters are proven to have violated – that the police (and some suspects!) themselves acknowledge occurred: Crimes...
    The Daily Blog | 29-10
  • Publishing Journalists’ Home Addresses Is A Tactic Of The Right, Not The ...
    I think I’m starting to get rather annoyed with the conduct of some pro-MANA people over this ongoing Parliamentary Services crew complement issue. Yes, we get that there are legitimate issues to be raised with how some political reporters in...
    The Daily Blog | 29-10
  • Aucklanders caught between a tarseal-addicted government and a weak mayor
    Len Brown’s proposal for motorway tolls to reduce congestion and provide funding for better public transport is a weak response to a critical issue. The $12 billion dollar shortfall on transport funding he talks about is mainly for projected new...
    The Daily Blog | 29-10
  • A Very Weird Story: Deconstructing Darren Aronofsky’s Noah.
    NOAH is a curious movie. Conceived as a biblical epic, it’s target audience was originally the millions of Americans who regard the Bible as God’s inerrant word. With the sin-filled works of Hollywood forbidden to these true-believers, Christian movie-makers have developed...
    The Daily Blog | 29-10
  • You Can Get Away With Rape In New Zealand
    Jessie Hume with last years petition against rape     The police have sent a strong message today.  In fact they’ve been sending a strong message for a while; a message that our government supports. “You can literally get away...
    The Daily Blog | 29-10
  • Roast Buster case – no charges. In the immortal words of NWA…
    Roast Busters case: No prosecutions Police are to make an announcement this afternoon on Operation Clover, the investigation into the “Roast Busters” allegations. The Herald understands the victim has been told that the alleged offenders will not be prosecuted due...
    The Daily Blog | 29-10
  • Key’s flag change distraction to cost $26million!
    No. Way. Bid to change NZ flag to cost millions The cost of holding two referendums and consulting on a change of flag has been estimated to be just under $26 million. Look. We all appreciate that the sleepy hobbits...
    The Daily Blog | 29-10
  • Why NZ Herald’s Labour Party crocodile tears are so audacious
    The front page the NZ Herald would use if they thought they could get away with it No one can take the recent columns by NZ Herald seriously… John Armstrong: Shadow lingers on National John Roughan: Labour’s leadership vote matters...
    The Daily Blog | 28-10
  • The beginning of the end of Cameron Slater?
    Slater postings on man bizarre, court told A businessman has changed his appearance and had to install extra security at his home after Whale Oil blogger Cameron Slater posted his business and personal documents online, he says. Mr Slater has...
    The Daily Blog | 28-10
  • We are a milk power republic and Fonterra our unelected senate
    Wow. Just wow… Deputy mayor says he’ll be sacked South Taranaki deputy mayor Alex Ballantyne says he expects to be sacked because he has spoken out about the impact gasses coming from dumped Fonterra dairy products have had on his...
    The Daily Blog | 28-10
  • MEDIA WATCH: “…But *actually* this is about ethics in political-game jo...
    Yesterday, a piece of mine on the recent revelations about Hone Harawira employing several gentlemen either accused or convicted of sex offences was published on The Daily Blog. Predictably, given the fierce loyalty which Hone inspires in his party faithful and...
    The Daily Blog | 28-10
  • Privilege cheque
    There was no race problem in my childhood. Living in central Wellington I was well-insulated from what was going on not so far away. This was the 60s and 70s, where the teachers enjoyed free love in the staff room...
    The Daily Blog | 28-10
  • A brief word on Key’s claim that it will be raining carnage
    Isis will ‘rain carnage on the world’ – John Key Left unchecked Isis would “rain carnage on the world”, Prime Minister John Key says, but he has yet to make a decision on whether New Zealand troops will join a...
    The Daily Blog | 28-10
  • Meanwhile…
    ...
    The Daily Blog | 27-10
  • How does Andrew Little win Labour Leadership and unify the caucus?
    Audrey Young’s excellent column on how the Caucus vote  is shaping up shows how Andrew Little becomes the next leader of the Labour Party. She identifies the factions as the following… Andrew Little 6: Andrew Little, David Cunliffe, Iain Lees Galloway,...
    The Daily Blog | 27-10
  • GUEST BLOG: Joe Trinder – Right of response to Curwen
    You have asked that Hone Harawira deserves to explain what happened, how would he explain when his next door neighbour is an alleged sex offender. What explanation can Hone offer he wasn’t involved, Hone had no idea this offending was...
    The Daily Blog | 27-10
  • MEDIA WATCH: That Hella-Weird Feeling When You Defend Tova O’Brien
    Oh dear. Yesterday morning I blogged that Hone deserved a chance to explain what exactly had happened as applies his office’s Parliamentary Services crew complement – and, importantly, that we deserve to be able to judge him on the strength of...
    The Daily Blog | 27-10
  • Canadian Green MP warns against harsh anti-terror measures
    Canada’s Green Party has provided a welcome counterpoint to Prime Minister Harper’s call for tougher anti-terrorism laws in the wake of a soldier outside the Canadian Parliament. On October 22, while she was still locked in her parliamentary office, Green...
    The Daily Blog | 27-10
  • When is an asset sale not an asset sale? When it robs from the poor and ste...
    National have turned state housing on its head. At no time during the 2014 election did the Key Government even hint that they were going to privatise 30% of the Housing NZ stock of state homes. Not once. Key even...
    The Daily Blog | 27-10
  • Housing; broken promises, families in cars, and ideological idiocy (Part To...
    . . Continued from: Housing; broken promises, families in cars, and ideological idiocy (Part Rua) . Bill English comes clean on National’s intentions for HNZ privatisation . On 14 October, in a report on The Daily Blog, I wrote, In...
    The Daily Blog | 27-10
  • The Questions Have Been Asked – They Deserve An Answer
    A few days ago, allegations that had been percolating for some time about Hone Harawira employing three either accused or convicted sex offenders on his Parliamentary pay-roll came to light. (one imprisoned before working for MANA; one who found himself convicted and...
    The Daily Blog | 26-10
  • I have seen one future, and it is bleak
    . . Back in  March 2012, I wrote this story regarding a march to support striking workers at Ports of Auckland. It appears there was some prescience about some of my observations at the time… . | | 18 March...
    The Daily Blog | 26-10
  • US air strike war Key wants us in has killed a civilian a day so far
      The US air strike war that John Key wants us to join has killed a civilian a day so far. From the Washington Post... The United States launched its first airstrikes on militants in Syria on Sept. 23, and has continued...
    The Daily Blog | 26-10
  • The instant Jihad syndrome
    My favourite new term is ‘self-radicalised’ – it suggests the reasons for terrorism are totally divorced from the actions of the West. This need to suddenly ramp up terror laws because of lone wolf, self-radicalised Jihadists seems convenient and counter-productive....
    The Daily Blog | 25-10
  • We have nothing to fear from Ebola but fear itself
    I suspect most Americans perceive Ebola like this   I can’t work out if the fear being spread within the media about Ebola is deliberate or just ignorance. Yes Ebola is a terrible plague that kills a large percentage of...
    The Daily Blog | 25-10
  • GUEST BLOG: Anjum Rahman – “Meritocracy? I wish.”
    I’d like to start by linking to a post I had published at another site in support of Nanaia Mahuta for the Labour Party leadership election.  She has a reasonable chance, given that she already has the endorsement of Te...
    The Daily Blog | 25-10
  • Chocolate milk shortage and creepy Santa? Let’s talk about real news
    Child poverty is still a scarily serious problem in this country and house prices are soaring through the roof to the point where it is simply impossible for the average New Zealander to buy a home. There is also little...
    The Daily Blog | 25-10
  • It’s time to celebrate Kiwi schools and teachers
    Some would have you believe that New Zealand’s schools are in a state of collapse, that your children are not being educated well and that things are going to hell in a hand basket.  That there is no innovation, no...
    The Daily Blog | 25-10
  • Ideological Blitzkrieg – Privatization of state housing, more charter sch...
    Pundits in pundit land will tell you that this Government is boring, that Key is the great pragmatist and that it is his ability to create elegant solutions that keeps him the firm favourite in many Kiwi eyes. This ability...
    The Daily Blog | 24-10
  • Hegemony rules but resistance is fertile
    The Prime Minister is a puppet. Not just our current Prime Minister, but given the forces of multinational globalisation, the role of any head of state, is less as independent actor, and more as a puppet of international trends and...
    The Daily Blog | 24-10
  • An open Letter to Sir Bob Jones: demanding a ‘liveable wage’ is not “...
    How out of touch with reality is Sir Bob Jones? You know, that white dude who invested in privatised SOEs after the selling off of our assets in the eighties and made a ludicrous and disgusting amount of money and is...
    The Daily Blog | 24-10
  • My insecurity about the Security Council
    As I write this (on 24 October) it is international UN Day. Of course, you all knew that already, right? Well, the day celebrates the entry into force of the UN Charter in 1945. With the ratification of this founding...
    The Daily Blog | 24-10
  • GUEST BLOG: Catherine Delahunty – Back in That House
    Parliament opened this week and I still find it a very odd place. Most of the people are reasonably courteous and friendly, but the rituals are archaic and the rules around issues like the swearing in oath are oppressive and...
    The Daily Blog | 23-10
  • Marae Investigates No More
    TVNZ yesterday announced the closure of their Māori and Pacific programmes department. That means they’ve chosen to stop making Fresh, Tagata Pasifika, Waka Huia and Marae Investigates to let independent producers get their hands on these lucrative contracts. This is...
    The Daily Blog | 23-10
  • BLOGWATCH: An Un-Civil War in Labour, eh?
    Earlier today, my attention was directed to an entry that’s just recently appeared on the Slightly Left of Centre blog. It purports to contain the ‘inside word’ from a highly placed NZF source – which is funny, because I’m pretty sure...
    The Daily Blog | 23-10
  • Santanomics 101
    Santanomics could mean a number of things. It could be the study and practice of giving. Or it could mean the study and practice of rampant end-of-year commercialism. However, for me today it is the economics of erectingAuckland’s giant Santa...
    The Daily Blog | 23-10
  • SkyCity boss misleads public over workers lost shifts
    SkyCity CEO Nigel Morrison has defended the employment practices at his company in an “Opinion” piece entitled “Human Capital key to corporate success” in the NZ Herald on Thursday. A number of his claims are misleading, contain only partial truths...
    The Daily Blog | 23-10
  • Patrick Gower interviews Social Housing Minister
    Bennett says National could sell off “thousands” of state houses but Housing NZ will still be the “dominant force” in providing social housing in NZ....
    Scoop politics | 01-11
  • The Nation: Lisa Owen interviews Mike Moore & Chris Liddell
    Lisa Owen interviews NZ Ambassador to the US Mike Moore and corporate high-flyer Chris Liddell about the US midterm elections....
    Scoop politics | 01-11
  • David Parker event – the future of work, Sun 2 Nov
    Labour leadership candidate David Parker, an experienced lawyer and businessman as well as a former senior government cabinet minister in the Helen Clark Government, will join three prominent New Zealanders in a panel discussion on Sunday to address...
    Scoop politics | 31-10
  • Roast Busters: Turn Indignation into Action
    People raged about the Roast Buster case. The indignation was justified – it was horrible. “Where were their parents!?” Fair question. I am sure the Roast Busters’ parents and the victims’ parents all wish they had been more proactive in...
    Scoop politics | 31-10
  • Stats NZ only have themselves to blame for postponement
    The Public Service Association (PSA) says Statistics NZ only have themselves to blame for the indefinite postponement of the release of the Food Price Index: November 2014....
    Scoop politics | 31-10
  • NZ Diversity Survey – benchmarking workplace diversity
    AUT University’s New Zealand Work Research Institute (NZWRI) has released a report on diversity in New Zealand workplaces....
    Scoop politics | 31-10
  • Māori Language (Te Reo Māori) Bill
    Tutehounuku Korako, Chair of the Māori Affairs Committee, is inviting further public submissions on this bill. The closing date for submissions is Friday, 5 December 2014....
    Scoop politics | 31-10
  • ERA amendments a mixed bag
    The Employment Relations Amendment Act has the potential to put vulnerable workers in a more precarious position, says Equal Opportunities Commissioner, Dr Jackie Blue. However, the commissioner says the right for all to request flexible work hours is...
    Scoop politics | 31-10
  • Sensible Sentencing calls for appeal of judicial activivism
    The Sensible Sentencing Trust is appalled that Justice Jill Mallon has today refused to apply the Life without Parole (LWOP) provisions of the Three Strikes law as enacted by Parliament....
    Scoop politics | 31-10
  • Global Rally against ISIS – for Kobanê – for Humanity, Nov 1
    The New Zealand Kurdish Community will march in solidarity with Kurdistan as part of the “GLOBAL RALLY AGAINST ISIS – FOR KOBANÊ – FOR HUMANITY” on 1 November 2014, 2pm....
    Scoop politics | 31-10
  • Does ‘No-Surprises’ Also Apply To TVNZ News?
    When you stand back and look at NZ media outlets, most of them have at least one or two people who attempt to hold the government to account: John Campbell on TV3, Guyon Espiner and others at Radio NZ, David...
    Scoop politics | 31-10
  • Safer roads are better for everyone
    Recent pedestrian versus vehicle incidents highlight the real issues being addressed by delegates as the 2Walk and Cycle conference concludes....
    Scoop politics | 31-10
  • Law change creates more flexible labour market
    The Employment Relations Amendment Act, passed yesterday, will bring new flexibility to the labour market and will reduce the ability of unions to organise and to recruit....
    Scoop politics | 30-10
  • Bumper ANZ profits mean no excuse for insecure hours
    A big rise in profits at New Zealand's largest bank needs to be reflected in a better pay offer and more security around hours of work, the bank workers’ union said today....
    Scoop politics | 30-10
  • Count down to lowered alcohol limit
    With just a month to go until a new lower alcohol limit for adult drivers comes into effect, Police and road safety agencies are reminding drivers of the impending change....
    Scoop politics | 30-10
  • WorkSafe Supports Forestry Review Findings
    WorkSafe NZ says the Independent Forestry Safety Review has clearly identified the problems facing an industry in which ten workers were killed last year. “The Review’s analysis matches our own view and leaves no doubt about the need for comprehensive,...
    Scoop politics | 30-10
  • CTU welcomes forestry review recommendations
    The CTU is welcoming the today's release of the independent forestry safety review panel findings. "These recommendations must be implemented to ensure that everything possible is done to make forestry safer." CTU President, Helen Kelly said....
    Scoop politics | 30-10
  • Activists will confront animal abusers
    Today animal rights activists will confront a group of wealth advisers who want to build the biggest egg factory-farm in New Zealand....
    Scoop politics | 30-10
  • Turia: Women’s Refuge Conference 2014
    This is a milestone moment in my life. This will be my last official address as Co-leader of the Maori Party. On Saturday night at our Hui-a-Tau, I will be standing down from that role and enabling a new co-leader,...
    Scoop politics | 30-10
  • Rodeo Code of Welfare ‘Sick Joke’
    Animal advocacy organisation SAFE says the revised Code of Welfare for Rodeos just released is nothing but a sick joke. “Rodeo animals are goaded, tormented and forced to endure needless suffering and gross mistreatment, all for the sake of so-called...
    Scoop politics | 30-10
  • Conservative Party applauds binding referenda on flag
    The Conservative Party are congratulating the Government on the decision to hold two binding referendums to decide the fate of New Zealand’s flag – and believes it will pave the way for binding referenda to form part of New Zealand...
    Scoop politics | 30-10
  • Walk the Talk – Opposing violence against women
    Soroptimist International of Auckland have organised a walk on 22 November from Silo Park at the Wynyard Quarter through the Viaduct and back to Silo Park, to show their opposition to violence against women. This event hopes to raise awareness...
    Scoop politics | 30-10
  • Recommendations on the Design of Pecuniary Penalties
    The Law Commission has reviewed the use of pecuniary penalties as a regulatory tool. Pecuniary penalties are financial penalties that policymakers are increasingly opting to use in place of criminal sanctions in order to punish and deter misconduct in...
    Scoop politics | 30-10
  • Every worker will be affected by employment law changes
    Every worker will feel the effects of the government’s new employment laws and should join a union if they want to maintain and increase their wages and conditions, says New Zealand’s largest private sector union, the EPMU....
    Scoop politics | 30-10
  • Shameful attack on all workers
    The Government has passed the Employment Relations Amendment Act slashing the rights of all Kiwi workers. “These changes are shameful. New Zealand now has some of the worst employment protections in the OECD. It is embarrassing that a country which...
    Scoop politics | 30-10
  • Unnecessary law changes more to do with ideology
    The government’s employment law changes are simply ideological and are at odds with its approach in the related areas of health and safety and immigration law, FIRST Union said tonight....
    Scoop politics | 30-10
  • CTU Runanga calls on iwi leaders
    Maori workers are calling on iwi leaders to speak out against the employment law changes expected to go through today. “Iwi leaders have previously spoken out when workers in Aotearoa have been under attack, we believe they should do so...
    Scoop politics | 30-10
  • Educating children not the best solution to alcohol harm
    Alcohol Healthwatch says we need to look beyond educating children and young people to address deeply embedded attitudes and behaviours concerning alcohol....
    Scoop politics | 30-10
  • New code of welfare for rodeos released
    New standards to strengthen the animal welfare requirements for rodeos have been issued today by the Minister for Primary Industries, Nathan Guy....
    Scoop politics | 30-10
  • IPCA report riddle with inaccuracies, say students
    A report by the Independent Police Conduct Authority into the policing of student protests in 2012 is riddled with inaccuracies, say students who laid the original complaint with the IPCA....
    Scoop politics | 30-10
  • CT v The Queen – indecency convictions quashed
    This summary is provided to assist in the understanding of the Court’s judgment. It does not comprise part of the reasons for that judgment. The full judgment with reasons is the only authoritative document. The full text of the judgment...
    Scoop politics | 30-10
  • Rameka v The Queen – murder convictions quashed
    This summary is provided to assist in the understanding of the Court’s judgment. It does not comprise part of the reasons for that judgment. The full judgment with reasons is the only authoritative document. The full text of the judgment...
    Scoop politics | 30-10
  • Auckland Council Out of Control
    Responding to the NZ Herald article that some Auckland households will face a rates rise of up to 9.6 per cent next year, Taxpayers’ Union Executive Director Jordan Williams says: “Len Brown’s pledge to cap rates rises at 2.5 per...
    Scoop politics | 30-10
  • Stats NZ staff escalate action with ‘no more meetings’ rule
    Statistics NZ staff have voted to escalate their ongoing industrial action in an effort to get Stats NZ back to the bargaining table with a reasonable offer. The staff, who are members of the Public Service Association (PSA), have been...
    Scoop politics | 29-10
  • Rape Crisis calls for changes to criminal justice system
    Wellington Rape Crisis has added its voice to the public outcry following the announcement that there will be no charges in the teen rape gang case. Butterworth says the decision not to lay charges will not have been a surprise...
    Scoop politics | 29-10
  • Police action justified in Blockade the Budget demonstration
    Police actions in dealing with a demonstration in Central Auckland known as Blockade the Budget on 1 June 2012 were justified and appropriate, an Independent Police Conduct Authority report released today found....
    Scoop politics | 29-10
  • NZDF Joins with Australia to Commemorate WWI Centenary
    A contingent of New Zealand Defence Force (NZDF) personnel will join their Australian counterparts at Australia’s first major commemoration of the First World War centenary in Albany, Western Australia this weekend....
    Scoop politics | 29-10
  • Reserve Bank should reduce interest rate
    “The Reserve Bank should be reducing its policy interest rate, the OCR”, says CTU Economist Bill Rosenberg in response to the Bank’s announcement today that it is not increasing it....
    Scoop politics | 29-10
  • 2015 Stout Fellow will write about Māori & Criminal Justice
    Kim Workman, founder and advocate for the Robson Hanan Trust, which administers the Rethinking Crime and Punishment and Justspeak initiatives, has been awarded the 2015 John David Stout Fellowship at Victoria University....
    Scoop politics | 29-10
  • What John Key thought about ‘dirty politics’
    On September 20, John Key swept to victory to become one of New Zealand’s most successful and popular Prime Ministers. Rocked by scandal, the 2014 election campaign was one of the most brutal – and riveting – in recent history....
    Scoop politics | 29-10
  • Trade Deal Threatens Farmers and Food Businesses
    The secret Trans Pacific Partnership negotiations are a direct threat to food businesses and farmers, and a moratorium on the release of GE crops must be enshrined in law before the TPP is signed....
    Scoop politics | 29-10
  • CTU announces election of new Secretary
    The contested election for the position of CTU Secretary has been won by Sam Huggard. Sam officially takes office on Monday 1 December 2014. Sam has worked in the union movement and brings a wealth of experience and a commitment...
    Scoop politics | 29-10
  • Kim Workman awarded 2015 J.D. Stout Fellowship
    The Victoria University of Wellington 2015 J.D. Stout Fellowship, funded by the Stout Trust, has been awarded to justice reform advocate Kim Workman. Mr Workman (Ngati Kahungungu ki Wairarapa, Rangitaane) is well known for his work on criminal justice,...
    Scoop politics | 29-10
  • TPPA causing concern
    Concern over the secretive Trans-Pacific Partnership Agreement (TPPA) negotiations is being expressed in two public meetings over the next week; one at a presentation on 5th November by former councillor Robin Gwynn to the Napier City Council, the...
    Scoop politics | 29-10
  • Kiwis rally to demand justice for ‘Roast Buster’ survivors
    Over 1,500 kiwis have rallied to demand justice after the announcement of the NZ Police decision not to lay charges in the ‘Roast Busters’ saga....
    Scoop politics | 29-10
  • New employment law will hurt the most vulnerable NZers
    The Public Service Association (PSA) says changes to the Employment Relations Act, expected to be passed in Parliament tonight, will hurt vulnerable workers and their families more than anyone....
    Scoop politics | 29-10
  • Consultation to close on proposed place names
    The New Zealand Geographic Board (NZGB) Ngā Pou Taunaha o Aotearoa today advised that only one month remains before public consultation closes for 18 name proposals for geographic features and places around Te Ika ā Māui (the North Island)....
    Scoop politics | 29-10
  • Operation Clover – Statement from Police Commissioner
    I have taken a close interest in this investigation and I am confident police have conducted a thorough and professional enquiry in what has been a challenging and complex case. The Operation Clover team has ensured that victims have been...
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  • Better policy would have protected children from recession
    Child Poverty Action Group says an international report released by UNICEF today shows good policy can protect and improve child well-being, even during a recession....
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  • Outcome of Operation Clover investigation
    Police have completed a multi-agency investigation, Operation Clover, into the activities of a group calling themselves “The Roast Busters”. The 12 month enquiry focused on incidents involving allegations of sexual offending against a number of girls...
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