grant robertson

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Is this the next GFC?

Written By: - Date published: 4:27 pm, March 17th, 2020 - 24 comments

The Minister of Finance says that we are facing the worst of any of the scenarios that they had been preparing for. In response the government’s rescue package is bigger than anything New Zealand has ever seen.

Labour’s infrastructure spend announcement

Written By: - Date published: 12:06 pm, December 1st, 2019 - 35 comments

Is the Government commitment to the budget responsibility rules weakening? Because at the Labour Party Conference Grant Robertson has indicated that the Government will shortly announce a big capital spend on infrastructure.

About the $7.5 billion surplus

Written By: - Date published: 8:43 am, October 9th, 2019 - 37 comments

The announcement of a $7.5 billion surplus for the last fiscal year combined with a $5.5 billion surplus the year before proves once and for all that Steven Joyce’s claim of a $11.5 billion deficit in Labour’s costings was bollocks.

$7.5 billion surplus

Written By: - Date published: 2:08 pm, October 8th, 2019 - 101 comments

The Government has announced a $7.5 billion dollar surplus.  Is it time to start spending?

How This Government Can Still Win

Written By: - Date published: 8:13 am, September 16th, 2019 - 91 comments

Some suggestions on how Labour can retain power at the next election.

Regulating Bankers

Written By: - Date published: 8:16 am, June 25th, 2019 - 76 comments

Grant Robertson gets occasional criticism from the left but it is hard to fault him for his timing or his delivery in seeking to strengthen banking sector oversight.

The Wellbeing budget

Written By: - Date published: 1:42 pm, May 30th, 2019 - 169 comments

So what is in the Wellbeing budget and what do you think about it?

The Treasury website hack that wasn’t

Written By: - Date published: 7:30 am, May 30th, 2019 - 168 comments

The police has confirmed that a poorly secured website partially searchable through Treasury’s website’s search function was the cause of the release of sensitive budget information.

Who did the Treasury Hack?

Written By: - Date published: 8:22 am, May 29th, 2019 - 292 comments

New Zealand Treasury head Gabriel Makhlouf has said that Treasury’s website was attacked 2000 times in 48 hours.

Labour to relax fiscal responsibility rules

Written By: - Date published: 9:00 am, May 24th, 2019 - 72 comments

Grant Robertson has announced there will be a relaxing of the fiscal responsibility rules, although not until after the next election.

Why Labour’s student debt policy is a success

Written By: - Date published: 1:56 pm, May 15th, 2019 - 85 comments

National has claimed that Labour’s tertiary fees policy is failing because numbers applying for it have not increased.  But National clearly has failed to understand that the policy is about reducing student loan totals or it is deliberately misinterpreting the reason for the policy.

@Melulater on Teachers’ Strike

Written By: - Date published: 9:10 am, May 13th, 2019 - 98 comments

Reprinted with permission from the blogsite How Melulater sees it, an important backgrounder to the impending teachers’ strike.

The benefits of a Labour led Government

Written By: - Date published: 12:18 pm, April 1st, 2019 - 67 comments

Today marks the day that the largest ever increase in the minimum wage will occur.

The tax debate – Dogwhistle time

Written By: - Date published: 8:07 am, March 7th, 2019 - 111 comments

National has resorted to race baiting in its attempt to denigrate the Tax Working Group’s proposed capital gains tax.

Show us the money Simon

Written By: - Date published: 9:06 am, January 31st, 2019 - 82 comments

Hopefully the media will ask of National the tough questions, like how it is going to increase spending in critical areas, pay down debt and give us a tax cut at the same time.

Labour’s budget wellbeing objectives

Written By: - Date published: 6:46 am, December 15th, 2018 - 12 comments

The Government has announced that the next budget will include well being objectives as well as fiscal objectives.

The Reserve Bank Reform Bill

Written By: - Date published: 7:23 am, December 7th, 2018 - 11 comments

The Government is planning changes to the Reserve Bank Act to require it to seek full employment. Maybe it is time for a dramatic change to its powers so that it has the regulatory powers to properly deal with the Australian banks.

Grant Robertson is a financial genius

Written By: - Date published: 1:22 pm, October 9th, 2018 - 80 comments

Remember the $11.5 billion hole that Stephen Joyce and National said Labour was going to leave the country with?  Well the 2017/18 financial books have been completed and released and the Government’s surplus was $2.4 billion greater than forecast.

National will be gutted – Moodys gives New Zealand an Aaa credit rating

Written By: - Date published: 12:47 pm, September 23rd, 2018 - 59 comments

National’s chicken little the sky is falling mantra about New Zealand’s economy has been dealt a large hole by Moody’s confirming New Zealand’s Aaa AAA credit rating.

Scrap the spending cap

Written By: - Date published: 8:45 am, July 23rd, 2018 - 152 comments

Economist Ganesh Nana and Alan Johnson from the Salvation Army have urged the Government to relax the fiscal straight jacket imposed by its budget responsibility rules.

Government with a plan

Written By: - Date published: 8:00 am, July 22nd, 2018 - 46 comments

Labour and New Zealand First Ministers under the first term of the sixth Labour government sitting in the Cabinet office.

The polls are great. Top work. But I’m getting worried about the entropy of this government already. Matthew Hooten and Karl Marx agree with me.

Fudget for Austerity

Written By: - Date published: 12:31 pm, May 19th, 2018 - 71 comments

Some proposals on why we just got the budget we did.

The Budget

Written By: - Date published: 2:09 pm, May 17th, 2018 - 168 comments

An evolving post to cover budget announcements.

Is Karl Marx dead?

Written By: - Date published: 11:38 am, May 8th, 2018 - 60 comments

2018 marks several anniversaries of Karl Marx whose significance for the critique of capitalist society is hard to diminish. But what now for his beliefs?

Hallelujah Parliament to pass law allowing for wiping of convictions for engaging in homosexual behaviour

Written By: - Date published: 7:00 am, April 3rd, 2018 - 13 comments

It is predicted that today Parliament will pass a law allowing for the expunging of convictions of adults for engaging in homosexual behaviour.

Productivity

Written By: - Date published: 9:00 am, March 14th, 2018 - 32 comments

A more productive economy – and society – has been an elusive goal for many of New Zealand’s previous governments.  The last National Government failed.  What will Labour do to succeed?

Media response to Labour’s budget

Written By: - Date published: 8:42 am, December 15th, 2017 - 115 comments

Media response to the new Government’s mini budget has been overwhelmingly positive.

The Minister of Finance’s Mini-Budget

Written By: - Date published: 8:59 am, December 14th, 2017 - 88 comments

Big day today as Labour’s mini budget is announced.

Can a Labour led Government win the tax debate?

Written By: - Date published: 10:58 am, November 28th, 2017 - 48 comments

Why National is currently winning the debate about tax and what Labour needs to do to change this.

The new cabinet

Written By: - Date published: 8:03 am, October 24th, 2017 - 78 comments

Details about how the next Cabinet may be made up are emerging. Winston Peters may regain the position of Minister of Foreign Affairs as well as being Deputy Prime Minister.

Labour won’t regain power until it wins the tax debate

Written By: - Date published: 4:36 pm, September 25th, 2017 - 178 comments

Labour didn’t deserve to win on Saturday because, firstly, because it failed to bring a fully-fleshed tax policy to voters, and, secondly, it never attempted to win the ideological battle over tax. To succeed at the next election, Labour must begin work today to frame this debate.

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