Written By: - Date published: 10:00 am, October 20th, 2010 - 23 comments
Trying to get my head around the economic arguments going on. Hearing contradictory things. Who’s telling the truth? ls Labour’s new overseas investment policy Stalinism that will ruin the economy, as Key claimed on Monday and Tuesday? Or is the same as the existing law, as Key claimed on Monday and Tuesday?
Written By: - Date published: 2:00 pm, October 19th, 2010 - 35 comments
John Key says that if we don’t let overseas buyers snap up our farmland then land prices will decrease and some over-leveraged farmers will go underwater. And that’s supposedly a bad thing. Key wants us to believe that foreigners putting our farmland out of the reach of Kiwis and making us borrow more from the Aussie banks is a good thing.
Written By: - Date published: 1:22 pm, October 18th, 2010 - 42 comments
Phil Goff made an excellent speech yesterday. One that showed far more direction, and a lot of promise for going forward. Hopefully Labour can capitalise on this much better than they did on the excellent “The Many, Not The Few” speech. They should be able to – yesterday’s “Kiwi Dream” speech contained much more meat …
Written By: - Date published: 7:20 am, October 18th, 2010 - 139 comments
It’s great to hear Phil Goff announce that a Labour government won’t let overseas interests to own more than 25% of monopolistic companies, like ports and airports, and farmland. In the new world economy we’re moving into, a global scramble for vital natural resources like farmland, we need to keep the foundations of our economy in Kiwi hands.
Written By: - Date published: 2:12 pm, October 17th, 2010 - 62 comments
In his last column Garth George laments how foods he regularly enjoyed in his childhood (1870s?) are now priced beyond the reach of most New Zealanders. It’s easy to dismiss the complaints of an old man about prices these days but there’s a deeper story: with population growth and resource depletion, there increasingly isn’t enough to go around.
Written By: - Date published: 12:49 pm, September 29th, 2010 - 71 comments
Bernard Hickey, one of the country’s leading economic commentators, was a hardline neo-liberal – ie. the market is god. Now, he’s changed his mind. He’s come to the realisation that there’s no invisible god’s hand directing capitalist markets. Instead they are directed by short-termist elites. We need to take back control.
Written By: - Date published: 10:23 am, September 13th, 2010 - 56 comments
To have power and independence, any country needs a solid economic base. That’s even more true of superpowers/empires. To secure their economic sovereignty they need the raw materials and markets of less powerful countries. They reinforce their economic sovereignty by taking others’. China does it by buying up whole supply chains.
Written By: - Date published: 8:11 am, September 3rd, 2010 - 32 comments
According to Maurice Williamson, we’re all racist. Our concern with foreign investment has nothing to do with the economy, we just hate the Chinese.
Written By: - Date published: 6:32 am, July 7th, 2010 - 16 comments
Key’s worried about us being even more bought out by foreigners. Key’s in South Korea about to sign a Free Trade Agreement. New Zealand already has nearly no tariffs. Everyone knows the sweetener for the other side in these deals is opening up investment in NZ. So, Key’s railing against foreign ownership while making it …
Written By: - Date published: 11:16 am, July 6th, 2010 - 39 comments
PM warns against Kiwis becoming ‘tenants’ – The Herald. John Key says that we’ve got to make sure we don’t sell too many of our assets and end up sending the profits overseas. Good stuff, it’s exactly what the Left has been saying and the opposite of National’s policy until now. I guess we’ll have to see if Key backs up his words with action.
Written By: - Date published: 1:47 pm, May 12th, 2010 - 72 comments
Phil Goff has delivered his speech on Labour’s economic vision ahead of the Budget. It’s a good one, filled with core Labour values and ideas that will get New Zealand moving ahead. Goff talks about fairer tax rather than tax cuts for the rich, better monetary policy, and investing in New Zealand’s future.
Written By: - Date published: 10:37 am, May 10th, 2010 - 6 comments
To build a brighter future for New Zealand we need to invest in it. We need to build up our national savings, invest in R&D, and build a sustainable, more self-sufficient economy. National has cut savings and R&D investment, and talked down New Zealand’s potential for hi-tech manufacture. Seems they’re only interested in short term pay offs for the rich.
Written By: - Date published: 12:45 pm, May 6th, 2010 - 58 comments
I’m glad to see Labour is stealing a march on the lazy Nats and building an alternative economic vision ahead of the Budget. It looks to be just the vision New Zealand needs, built on the twin planks of economic sovereignty and a fairer distribution of wealth.
Written By: - Date published: 11:38 am, November 17th, 2009 - 33 comments
John Key’s residency for the rich scheme has attracted the interest of 12,000 people thus far. Yes, NZ residency is for sale at the measly investment of NZ$500,000 and a few low-paid jobs. The Herald notes: Thousands of wealthy foreigners are lining up to move here, just weeks out from the introduction of business migration …
Written By: - Date published: 4:20 pm, August 11th, 2009 - 15 comments
Those who do not learn from history are doomed to repeat it. National has learned nothing from the failure of the neoliberal policies of the late 80s / early 90s (when gaps in growth and income opened up with Australia). So they are gearing up to repeat them: [English] and other ministers’ utter single-mindedness of …
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