Written By: - Date published: 8:08 am, August 30th, 2015 - 46 comments
The latest financial reports for the privatised companies suggests that the New Zealand Government has lost in the past twelve months $470 million in dividends it would have received had it held onto the shares.
Written By: - Date published: 9:04 pm, August 28th, 2015 - 107 comments
When European and NATO countries participate in destabilising and destroying nearby countries, the human tragedy doesn’t stay neatly confined to the other side of the border.
Written By: - Date published: 8:00 am, August 27th, 2015 - 136 comments
In a guest post Ad suggests that in this time of crisis the left should set out a plan for handling the crisis, rather than hoping that a new order will emerge.
Written By: - Date published: 7:02 am, August 27th, 2015 - 72 comments
National are trying to evade even the simplest questions on the TPP – because the truth is profoundly undemocratic. As usual Groser and Key turn to insults instead of engaging with people’s legitimate concerns.
Written By: - Date published: 5:11 pm, August 25th, 2015 - 12 comments
I/S at No Right Turn: “the government is spending tens of millions of dollars a year paying these companies to destroy the world. It is absolute madness”.
Written By: - Date published: 8:11 am, August 25th, 2015 - 156 comments
China’s sharemarket plunge has affected the rest of the world as stock exchange after stock exchange has posted losses. It appears clear that predictions of a Chinese sharemarket bubble market are correct and now that the Chinese Government is no longer propping up share prices they are crashing.
Written By: - Date published: 10:12 pm, August 24th, 2015 - 121 comments
Wall St opens for trading in a few hours. When websites like MarketWatch start headlining using words like “brutal”, “rout”, “panics” and “carnage” you know it’s time to grab the popcorn and buckle in for what might potentially (and finally) be the start of GFC 2 proper.
Written By: - Date published: 7:56 am, August 24th, 2015 - 118 comments
Jeremy Corbyn announces the potential renationalisation of privatised state assets, with minimal compensation. While 41 leading economists back his anti-austerity stance. This is what left wing leadership and courage looks like.
Written By: - Date published: 8:07 am, August 22nd, 2015 - 8 comments
A small sample of the reaction to National’s “health” and “safety” nonsense.
Written By: - Date published: 5:16 pm, August 21st, 2015 - 65 comments
July was hot hot hot. Meanwhile, let’s keep focussing on economic growth and more exports (and not making the middle classes too nervous that life is going to change radically, one way or another).
Written By: - Date published: 6:34 am, August 21st, 2015 - 51 comments
A bold move by an administration in an impossible position.
Written By: - Date published: 7:25 am, August 20th, 2015 - 32 comments
An unusually forthright anonymous editorial in the Dom Post yesterday – not comfortable reading for the Nats on the TPP.
Written By: - Date published: 11:20 am, August 17th, 2015 - 22 comments
August 13th was Earth Overshoot Day. We have already consumed what the Earth can sustainably produce in a year, for the rest of this year we are consuming “ecological capital”. This can’t go on. But it is a problem that our current political and economic systems cannot solve.
Written By: - Date published: 5:34 pm, August 9th, 2015 - 138 comments
In Copenhagen, our government committed itself, and by extension, us “To hold the increase in global temperature below two degrees Celsius and to take actions to meet this objective, consistent with the science and on the basis of equity”
Written By: - Date published: 10:23 am, August 8th, 2015 - 84 comments
Under Unitec’s new vision students will be known as Customers. Student services will be outsourced (overseas)
Aspiration statementTo be a world leader in contemporary applied learning and an agent of positive economic and social change.
Written By: - Date published: 5:50 pm, August 4th, 2015 - 47 comments
Talleys have fired the first shots in National’s new class war. You can stand with the AFFCO workers and reject the Tories new anti-union law. Boycott Talleys. Make a stand for your fellow Kiwis.
Written By: - Date published: 2:09 pm, August 2nd, 2015 - 127 comments
A UBI would allow ordinary people to shift their daily focus from doing paid jobs making money for others, to doing useful work of their own choice, under their own control.
Written By: - Date published: 7:36 am, August 1st, 2015 - 56 comments
So the news on Labour’s first paper from its “Future of Work” Commission revolves around “ex-Labour member” Phil Quin noticing some missing quote marks and National making gleeful diversions from it. But of course what is actually important is the content.
Written By: - Date published: 7:30 am, July 31st, 2015 - 26 comments
As commentators and dairy industry insiders warn of TPP disaster, the Nats’ message to we the people is shut up and take our medicine – oh and by the way the price just went up.
Written By: - Date published: 12:33 pm, July 30th, 2015 - 42 comments
John Key has tried to suggest that we have nothing to worry about planned changes to Pharmac caused by TPP. But a recent further release by Wikileaks on the effects of the Trans Pacific Partnership on State Owned Enterprises makes you wonder if the implications of TPP on Pharmac are as limited as he says.
Written By: - Date published: 8:58 am, July 30th, 2015 - 105 comments
We’re not making progress on dairy in the TPP negotiations, but the smart money reckons we’re going to sign anyway.
Update: Read what a real journalist has to say on the current state of negotiations.
Written By: - Date published: 9:29 am, July 29th, 2015 - 144 comments
We are giving away the shop and we don’t know what if anything we will get in terms of dairy access yet. Our negotiators have signaled that they are weak. And even if we get what we want it is probably worth bugger all anyway.
Written By: - Date published: 11:48 am, July 28th, 2015 - 70 comments
The Chinese Stock market sell off has started again a couple of weeks after rather desperate measure were put in place. The question has to be what will the Government do now?
Written By: - Date published: 8:30 am, July 26th, 2015 - 43 comments
This was the week from hell for National when they experienced the Serco fiasco, news that they responded to a suggestion they close a failing Charter School by giving it more money, the Judicial spanking of their undermining of the Problem Gambling Foundation and the ruling that their legislation removing the rights of some prisoners to vote was a breach of the country’s human rights.
Written By: - Date published: 7:23 am, July 24th, 2015 - 180 comments
Andrew Little has outlined five bottom lines that have to be met before Labour will support the Trans Pacific Partnership Agreement. These include protecting Pharmac, no investor state dispute resolution procedure, New Zealand retains the right to restrict land sales to overseas entities, the Treaty of Waitangi is upheld and there are meaningful gains for farmers in tariff reductions and market access.
Written By: - Date published: 7:14 am, July 17th, 2015 - 58 comments
Home ownership rates have been crashing since the 1990’s. Auckland house prices have been classed as “seriously unaffordable” since 2006 or earlier. The answer is to make sure that houses are no longer considered a financial asset for capital gains.
Written By: - Date published: 7:06 am, July 10th, 2015 - 26 comments
Trillion dollar bank bail outs, interest rate apartheid and GREXIT. The ingredients for GFC 2 and another round of shock capitalism are quietly simmering. Graphic is of what US$1B looks like in printed notes.