web analytics
The Standard
Advertising

Chart o’ the day: more trouble brewing

Written By: - Date published: 10:46 am, July 27th, 2011 - 97 comments
Categories: exports - Tags:

They usually show the exchange rate the other way round. This way’s more relevant. If you export and get paid in US dollars, the number of NZ dollars you can buy with the same US earnings has gone down 17% in the last 4 months. And if your US dollar prices are falling, like dairy’s….

The one thing that puts a dent in our dollar’s rise is news that our exports are suffering. Even that wasn’t enough of a wake-up call. The rise soon resumed.

Look forward to more. Tomorrow Bollard will signal an earlier rate rise. More people will buy NZ dollars. As US crisis drags on, more people will bail out of the reserve currency.

97 comments on “Chart o’ the day: more trouble brewing”

  1. queenstfarmer 1

    Canterbury earthquakes. Worst global recession since ’30s. Euro crises. US debt crises. High oil prices. Record exchange rate (caused by US dollar), which as the intro to this post says “Every US dollar we make in exports is worth 17% less in New Zealand than 4 months ago”

    And not a single one within the control of the NZ Govt.

    So I’m sure all this gets factored in by others who write honest posts for the Standard, such as when Bright Red came to his erudite conclusion the other day, “So, it’s pretty conclusive that Key sucks as an economic manager. Worst record in 80 years, and by a long, long way.”

    • bbfloyd 1.1

      you really have to start reading the actual posts queeny…. we all know what incompetent management we are suffering under this govt… the post doesn’t mention that aspect at all.

      are you jumping at the shadows in your peripheral vision again… at least you’ve realised they aren’t hobbits now… but they are still only figments of your imagination.

      • queenstfarmer 1.1.1

        we all know what incompetent management we are suffering under this govt

        Yes, you must mean the headlines in recent weeks like NZ economy to accelerate, even as world soft, says Westpac, Economy shows surprising muscle, Economy better, but risks remain: NZIER

        All despite the above factors and the ongoing wreckage of the 2000s burst finance and housing bubble mismanagement.

        • Tigger 1.1.1.1

          Yes, I always believe Westpac’s financial advice since they’re a totally impartial player in the game…

          • travellerev 1.1.1.1.1

            LMAO, Tena koe Tigger!

          • queenstfarmer 1.1.1.1.2

            No problemo, NZIER agrees

            • Afewknowthetruth 1.1.1.1.2.1

              queenstreetfarmer

              If you believe ANYTHING a mainstream economist says you are a fool.

              According to mainstream economists we can have infinite growth on a finite planet, energy supplies don’t even figure into economic equations, and there is no such thing as polution.

              As the saying goes, God made econmists to make weather men look good. In practice that something of is an insult to weathermen, since they are right about 85% of the time. whereas econoimists are right less than 15% of the time.

              • Bazar

                “If you believe ANYTHING a mainstream economist says you are a fool.”

                So obviously you’re suggesting we should put our faith in some fringe economist, preferably one that isn’t funded by a business that actually has real world experience.

                “According to mainstream economists we can have infinite growth on a finite planet, energy supplies don’t even figure into economic equations, and there is no such thing as polution. ”

                I’m not sure where to begin, or why you think NZ has a limited growth potential.
                Are you talking about population size, Italy has about the same size and 10 times the population.
                Are you talking about GDP, there’s no reason why it couldn’t keep improving?

                As it is, you’ve taken a pot shot at the credibility of economists, with a statement that doesn’t make sense, unless you take it to the most literal extreme.

                You claim that economists don’t take into account the cost of energy supplies, but that’s just a retarded statement. Sounds like you want them to take a worst case scenario, where oil runs out in 3 years and we starve.

                The cost of oil, and the cost of power (as part of the daily cost of business/life) will be taken losly into account when making predictions.

                And pollution?
                Why on earth would an economist take pollution into account.

                “whereas econoimists are right less than 15% of the time.”

                Care to show some actual facts that back that up? Sounds like your just pulling some percent out of midair, show a study showing how unreliable it is, and then you’ll have grounds for complaint.

                In a nutshell, you’ve just spouted nonsense you can’t backup, in what i can only see as a child plugging his ears and crying “nanananaan i can’t hear you”

                • Colonial Viper

                  Economics as a profession should be shut down. Well, 95% of it. Economics schools closed and to stay closed until they completely revisit their course material.

                  No economics advice would be a serious improvement on the advice they have been providing for the last 20 years.

                  For starters, their assumptions around rational economic agents, the neutrality of money, price/demand and price/supply curves are totally flawed.

                  Which makes it hard to believe anything else they are paid by the banks to say.

                  • Draco T Bastard

                    Economics as a profession should be shut down.

                    No, it just needs to be moved away from the monetary hypothesis that it’s been using for the last few hundred years and to a resource based theory. If that happens it would actually deserve to be called a science but that’s unlikely to happen because then the rich won’t get the justification for taking all of our wealth off of us and having dictatorial control that they want.

                    • Colonial Viper

                      It should be shut down in the interim while it rebuilds a resource focussed theory base so it doesnt spread any more of the current crap it teaches :)

                • Afewknowthetruth

                  Bazar.

                  Sorry to say it, but you are obviously clueless.

                  The oil supply peaked over 2005-2006 (just as numerous oil geologists said it would, going right back to M King Hubbert in 1956). The mainstream economics cabal that advise governments insisted that the oil supply would grow from the then 84 million barrels a day to 120 million barrels a day. Withoiut energy nothing happens.

                  Maiinstream economists failed to predict the so-called finacial crisis of 2008 -which was actually the beginning of the peak-oil induced end to the economic arrangements that have prevailed for centuries- and throughout all of 2009, 2010 and thus far throught 2011 have insisted that we are seeing ‘green shoots’ of growth, even as the economic system implodes.

                  The GDP system, conjured out of thin air by economists (like the money we use), is as useful a measure of progress as analysing my neighbours’ cat movements. It is a total fraud.

                  My 15% was being extremely generous to economists. taking the weathermen’s 85% from 100%. The the real figure for the reliability of economists forecasts is 0%. Hence the continuous supply of ‘news’ items telling us ‘more than expected’, ‘less than expected’, ‘worse than expected’ etc.

                  You can guarantee that any growth figure forecast by any mainstream economist will be wrong, especially from this point on.

                  But what would I know. I’ve only studied to for 40 years and written four books on the subject.

                  • The Baron

                    AFKTT: you can’t rest on your laurels of expertise when you’re being pseudoanon. I don’t know you from Adam; and even if I did, plenty of people have spent more time and published more books on bullshit too.
                    So expert – want me to take you seriously? Then who are you, and what are your excellent books?

                  • Bazar

                    “The oil supply peaked over 2005-2006 (just as numerous oil geologists said it would, going right back to M King Hubbert in 1956). The mainstream economics cabal that advise governments insisted that the oil supply would grow from the then 84 million barrels a day to 120 million barrels a day. Withoiut energy nothing happens.”

                    So you’re questioning the creditablity/reliablity of economists, by casting into doubt the creditability of oil geologists.

                    “Maiinstream economists failed to predict the so-called finacial crisis of 2008 -which was actually the beginning of the peak-oil induced end to the economic arrangements that have prevailed for centuries- and throughout all of 2009, 2010 and thus far throught 2011 have insisted that we are seeing ‘green shoots’ of growth, even as the economic system implodes.”

                    They also failed to pridict the earthquake, or the trade center bombings.
                    My point being its a guideline only. Not an actual pridiction that can be trusted with infalibility, espically with events outside their control or expertise.

                    But used as a guideline, it has value. Your inability to see *any* value in it at all is what this little arguement is over. Not the accuracy of their pridictions.

                    “You can guarantee that any growth figure forecast by any mainstream economist will be wrong, especially from this point on. ”

                    Indeed, it’d be so much more respectable for them to say something like, “the economy is expected to grow with patches of recession clearing over the next quarter”

                    I wonder if yuo’d have the same problem with weather forcasters if you forced them to guess the tempture’s high and lows of the next day, and the times and expected amount of rainfall. Then would you be singing the same tune?

                    Because thats the differance, you say 100% for weatherforcasters, but they are deliberably vague.
                    You say 0% for economists, because they attempt accuracy and obviously fall short of perfect.

                    In the end, you’ve argued against this one phrase “NZ economy to accelerate, even as world soft”.
                    Thats about as vague as it gets, the only way it could be wrong, is if NZ decellerates, and given that we’ve only just pulled out of the recession i’m pretty doubtful, as any decelleration would be a recession again.

                    Finally
                    “The GDP system, conjured out of thin air by economists (like the money we use), is as useful a measure of progress as analysing my neighbours’ cat movements. It is a total fraud. ”

                    Its a tool for mesuring the economy, just like any other tool. I do believe its overused, and even abused, (both politicaly and economicly (china being the worst offender of gdp abuse that i know about)) but it has its use.

                    “But what would I know. I’ve only studied to for 40 years and written four books on the subject.”

                    Arguement handbook 101:
                    “While it is reasonable to give more credence to the claims of those with the proper background, education, and credentials, the truth of a claim should ultimately rest in the logic and evidence, not the authority of the person promoting it.”

                    And when i look at your logic from your statements, it’s just untenable.

          • Colonial Viper 1.1.1.1.3

            queenstfarmer is ignoring a simple fact: company profits can rocket up, and the rich become richer, in a two speed economy which leaves most people behind.

            In the US the stock markets have had a massive run up, company profits are huge, Apple is sitting on US$65B of cash, the number of multi millionaires and billionaires has grown, but real unemployment is around the 12%-18% level and staying there.

            Most citizens are being crushed in their version of “growth”.

            In NZ, dairy prices down by around 25%, a NZD destroying local manufacturing exporters, and a Government cutting money flows into the economy is going to do about the same thing to us.

            Promises of growth now are just the National carrot permanently held in front of the NZ donkey.

            The icing on the cake: Australia is hitting their slow down seriously now and soon will cease to be an employment sink for our over supplied labour pool.

            Interesting times.

            • Ianupnorth 1.1.1.1.3.1

              Never mind the raised inflation and soon t be raised interest rates will hammer any real growth!

            • queenstfarmer 1.1.1.1.3.2

              The icing on the cake: Australia is hitting their slow down seriously now

              Yes, I didn’t mention Australia’s slow down as yet another factor weighing on NZ that the Govt has no control over.

              • GTF,
                Let me put it this way. John Key is like a lieutenant in a Mafia family. Let’s face it $ 50 mill were he comes from isn’t a lot of money these days but it was at the time and he proved his metal to his capo’s.

                Now there are plenty of ex-Mafioso who came clean and tried to live decent lives or who told about how the Mafia worked and who’s who in that world.

                He knows how that banking world works but instead of telling us and trying to really help New Zealand to break free from the strangle hold of the international bankster world he actually goes and visits the Capo di tuti Capo over in Mafia land. Guys like Bernanke and Geithner and he also visits the enforcers of these Capo di tuti Capo such as big Sister and the Pentagon.
                You see, that tells me he is still very much a part of the international bankster Mafia and since they’ve got him by the balls what with most of his wealth locked up in BofA shares which is collapsing as we speak I think he is going to do their bidding because after he escapes from what to him is the most boring place on earth namely New Zealand he wants to go back to what he loves doing best: screwing people while making loads-a-money, and unless he serves his masters now that is not going to happen!

                • queenstfarmer

                  You said below “I always backup whatever I say with links to my sources“. I’d like to see your sources for the above.

                  Let’s face it $ 50 mill were he comes from isn’t a lot of money these days

                  He came from a state house – $50m isn’t a lot? Even in relation to where he is today, I think $50m is his total net worth.

                  • QTF,
                    On Wall street and London last year some (US)$ 65 billion was put aside for salaries and bonuses. This from the guardian.

                    In 2008 (US)$ 16 trillion dollar was secretly given to the biggest too big to fail banks according to the once in a lifetime audit for the US Government of the Federal Reserve of NY. The PDF can be down loaded but here is a printout of were the money went too. (Link to PDF on the same page)

                    The secret printing money till you drop scam was so fraught with conflict of interest that even Paulson was caught with his pants down after he gave himself a 200 million bonus. (Video of him being asked some questions by a Congressman)

                    Banks routinely get caught laundering drug money according to Bloomberg and that includes Merrill Lynch.

                    Merrill Lynch has a long history of fraud and scamming. Even when and especially when John Key was in a position of extreme power at Merrill Lynch. Enron, Internet shares ripoff, The LTCM (First scandal that saw the FR bailout the banks involved sending the signal that no matter what they got up too the suckers would bail them out) scandal which saw John Key having to sack hundreds of colleagues earning him the nickname “the Smiling Assassin”.

                    You asked for it no go and educate yourself!

                    • queenstfarmer

                      So John Key’s a double agent secretly working for Merryl Lynch. Wonder what happens if we flip him the queen of diamonds…

                    • QTF,
                      What gets me with idiots like you is that if they ask for info and they get it they try to ignore it with a flippant remark and go into total denial.

                      John Key travelled to London and met with his former Merrill Lynch bosses for a breakfast meeting in August 2008, three months before he was elected. At this meeting according to John Key himself his bosses told him of the dire situation the banks was in  (It was bought by BofA after it collapsed) and after that meeting Merrill Lynch told the world that ACC would be privatised.

                      John had left Merrill Lynch some 7 years earlier. Now I don’t know about you but I have never been invited by my ex-bosses to travel halfway across the world seven years after I left them to pursue an entirely different career to be told how badly they are faring financially, have you? Neither have I told my ex-bosses that I would privatise a possibly politically controversial organisation well in advance of my election after promising my electorate that I would not privatise anything.

                      It’s called the old boys network and that’s how they stay rich and in power. No double agent required and Johnny boy is quite open about it because he knows that idiots like you are so gullible as to vote for a guy with a nice smile and acting just like they do.

                    • The Baron

                      But I see no evidence here Eve. Where is your source for this meeting having taken place, and your source for what was discussed and the insight JK was given?

                      Do you have any? Cos its mighty hard to take your stories true without such sourcing – in fact, they start to sound like the ravings of a conspiracy minded lunatic.

                      But up to you – please feel free to prove me wrong. Do you have a transcript of this meeting perhaps? That’ll do.

              • mik e

                qfarmer your laughing at the Australian economy slowing down, That means they won,t be able to afford as much of our stuff ,as well their dollar will slow against ours making our stuff dearer less affordable.They only make up 40% of our exports nothing to worry about.

                • queenstfarmer

                  Huh? When did I “laugh at the Australian economy” at all? An Aussie slowdown will be bad for us, that’s the point.

                  • Colonial Viper

                    You’re a joke. The skinny guy in the corner of the gym who doesn’t think he can.

                    More Friedmanite learned helplessness.

                    What this country needs is a Govt willing to act on behalf of the interests of its citizens – not just the top 1% + the foreign bankers.

              • Colonial Viper

                Come on qstf, the Government can do a lot if you werent such a free market learned helplessness pussy.

                Right down to re-nationalising without compensation any strategic power assets the NATs did manage to sell.

    • Perhaps not, but John Key knows exactly what is going down as an ex-Wall street investment banker who sold the crap now collapsing the entire world economy. So why not ask him some pertinent questions such as how many shares do you have in the BofA (loss 8.8 billion last quarter) and don’t you have a huge conflict of interest with either helping NZ or yourself in the next oh, two years?

      • queenstfarmer 1.2.1

        why not ask him some pertinent questions such as how many shares do you have in the BofA

        Because he doesn’t know, his shares are in a blind trust. You might try to fling mud about that, but you might want to think about how successful Pete Hodson’s mud-slinging was (hint: look at today’s polls).

        • travellerev 1.2.1.1

          No, actually the shares are not in the blind trust. Not, that is, according to the PDF detailing all the interests (January 2011 of MP’s currently in power) on the Government website.

          I never sling mud. I always backup whatever I say with links to my sources. You haven’t been here very long QTF otherwise you would know that. John Key is a bankster thug just like Hank Paulson, Timothy Geithner, Alan Greenspan and his bosses at Merrill Lynch and BofA to name but a few. Look it up!

          • queenstfarmer 1.2.1.1.1

            Ok, his Bofa (Bank of America) shares probably aren’t in the blind trust because they are not domestic shares. I withdraw and apologise (giggle) for not picking up that you were talking about non-domestic shares.

            Certainly his domestic shares are in blind trust (the subject of much mud-slinging). I limit my comment to those.

            • Colonial Viper 1.2.1.1.1.1

              John Key should recuse himself and his senior ministers from any discussions with BAC and its operating units.

              btw BAC is going down the toilet.

    • Colonial Viper 1.3

      And not a single one within the control of the NZ Govt.

      You’re a fucking idiot

      Its not up to the NZ Govt to control earthquakes

      Its up to the NZ Govt to control the currency

      It can do that by inflicting costs on currency speculators and by pegging the currency against a basket of international currencies and limiting daily movements to 0.25% either way.

      You RWNJs are incompetent.

      • queenstfarmer 1.3.1

        Its up to the NZ Govt to control the currency

        Ah, the ghost of Muldoon is alive and well.

        • Colonial Viper 1.3.1.1

          Tell me do you enjoy seeing our exporters crushed?

          Do you enjoy seeing our ag/hort industry being crushed?

          Are you not aware that China, Singapore, most other countries with successful export industries control their currencies by fair means and foul?

          Do you really think that bringing up “Muldoon” will excuse you for basic ignorance of the inter-relationships between FX and the industrial economy?

          Fucking idiot

          Doesn’t even recognise a global currency war in it’s final stages.

          • queenstfarmer 1.3.1.1.1

            Are you not aware that China, Singapore, most other countries with successful export industries control their currencies by fair means and foul?

            China, yes, but rubbish about Singapore and “most other countries”.

            And China can do what it wants because it’s a quasi-communist dictatorship. What a great model for New Zealand.

            • Colonial Viper 1.3.1.1.1.1

              QSTF said

              China, yes, but rubbish about Singapore and “most other countries”.

              which demonstrates again that you are an ignorant, incompetent fool. Let me teach another dumbass free market right winger a thing or two about how a country serious about its economic development does it (feel free to google for the source):

              The quasi central bank, the Monetary Authority of Singapore (MAS), operates a managed float regime. The trade-weighted exchange rate is allowed to fluctuate within a policy band, the level and direction of which are announced to the market on a semiannual basis. The band is periodically reviewed to ensure that it remains consistent with the underlying fundamentals of the economy.

              Then you ignorantly said

              And China can do what it wants because it’s a quasi-communist dictatorship. What a great model for New Zealand.

              whereas you’d prefer to follow the freemarket ways of the world’s greatest kleptocracy, the United States.

              Just think to yourself between China and the US, which of those two countries has managed to achieve 10% GDP growth p.a. for the last 25 years. I’ll clue you in: its not the US.

            • mik e 1.3.1.1.1.2

              qstreet Singapore doesn,t need to control its currency because it has such high savings.and it does have more mechanisms than Just raising interest rates . It also has VATie gst 7% its much like china in that has a centrally planned economy, Its government also makes sure every body shares in its economic success as it is run by a socialist govt with capitalist believe!it also invests heavily in education and innovation.

        • mik e 1.3.1.2

          Qfarmer other countries use different methods, our country lets the speculators have field day .We are stuck with a 20 year old method of only one lever and it feeds right into the speculators pockets rather than our own.The aussie govt is increasing its savings from 9% to12% that money stays in aussie hands while ours ends up with money speculators and the big aussie 4 banks, in increased returns especially if our dollar escalates against theirs .Balance of payments goes down interest rates go up.

          • queenstfarmer 1.3.1.2.1

            No problem with adding a few levers or pressure points. These can influence things. But the fact is you can’t “control the currency”. Why anyone would suggest pulling a Muldoon on NZ again is beyond me.

            • Colonial Viper 1.3.1.2.1.1

              Why anyone would suggest pulling a Muldoon on NZ again is beyond me.

              Its beyond you because you are a learned helplessness Chicago School Friedmanite free market serf.

              If you won’t deal with the global ‘free markets’ in a serious manner like a real country, prepare to have your export industries decimated.

      • Bazar 1.3.2

        “Its up to the NZ Govt to control the currency”

        Its a shame, if only we had someone who was well versed in currency exchanges. Someone who perhaps made their living from buying and selling currencies.

        We’d obviously want one who was great and successful at it.

        If we had such a person, wouldn’t it be great if he was PM, then he’d probably know first hand the benifits and risks inherant in attempting to stablise our currency.

        Such a shame we don’t have anyone like that in goverment, let along the PM, because then they’d obviously agree with viper’s wonderful notation that our goverment is all powerful against the rest of the world’s speculators.

        In fact, thats such an increadible idea. Fix the price of our money, i wonder why the US haven’t thought of it.

        I really like how we could also tax currency speculators. That way when investors from overseas convert currencies and make a profit, we’ll just get them to fill out our IRD form 101, and i’m sure they’d happy pay our tax that would otherwise be unenforcable, even undetectable/auditable

        “You RWNJs are incompetent.”
        Another stiring Ad Hom approach from viper. One day he might actually mature to the point where he learns to converse with people he disagrees with without name calling.

        But i suspect that’ll be many years away from now, when hes 16 or so.

        • Colonial Viper 1.3.2.1

          Oh fuck off you monetarily ignorant RWNJ, Key loves our clean currency float because speculators like him can make easy money off it at the cost of our productive industries.

          And I didn;t say anything about “taxing” currency speculators, I talked about making it “expensive” for them to trade :)

          Although an FTT would also be handy :D

          In fact, thats such an increadible idea. Fix the price of our money, i wonder why the US haven’t thought of it.

          Sorry asshole I didn;t say “fix” the value of the NZD I said control it. A completely different concept and one that you are scared of.

          And the US is doing just that – controlling the value of its currency.

          We are being caught up in a currency war and our economy is being decimated because we refuse to take cover.

          • Bazar 1.3.2.1.1

            “Sorry asshole I didn;t say “fix” the value of the NZD I said control it. A completely different concept and one that you are scared of.”

            You talked about pegging, commonly known as maintaing a FIXED exchange rate.
            As in having it FIXED to a forign exchanged rate.

            Since you obviously couldn’t be talking about a FIXED exchange rate, i’m going to have to wonder what the hell you’re talking about.

            “And the US is doing just that – controlling the value of its currency.”
            HAHAHAHAHAHAHAHA
            I can’t take this seriously anymore, a statement like that is the best joke of the day.

    • mik e 1.4

      Qfarmer the dollars rise could easily be slowed by saving more, increasing taxes , reduce spending slow motorway program especially as there are less cars on the road and public transport use is increasing so we don,t have Governor Bollard having to raise interest rates fueling more speculation on our currency.Which reduces the productive sectors income reducing tax take taking longer to reduce deb,t deteriorating our balance payments which downgrades our moody,s standard and poors ratings which lead to higher interest rates bigger debt and an even higher dollar.

    • AAMC 1.5

      And what you fail to acknowledge here Queeny, is the Nat’s ideological attachment to the economic thinking that caused the GFC and the subsequent fallout. How can they manage us out of it if they want to implement more of the policy that delivered it to us.

      Definition of insanity and all that…

      • Colonial Viper 1.5.1

        Well, strictly speaking, both LAB and NAT have variously demonstrated an ideological attachment to the economic thinking leading up to the GFC :P

        • AAMC 1.5.1.1

          Acutely aware of that. In the name of optimism, I’m hoping at least a future “Left” coalition would have the potential to learn the lessons this ideology have taught us and hopefully become less adherent to it.
          As the Global Crisis plays out, it remains to be seen whether any of them can be of any real use to us, but assuming we’re at the poling booth in November, I’m feeling slightly less attached to Chicago with Key out of Govt.
          My real point is that the right routinely use the GFC as an excuse for our predicament and current ideology. The reason for our predicament: obviously, but surely not an excuse for, or defense of, our reaction to the continuing GFC, and the refusal to discuss or implement the lessons from it.
          The other thing they refuse to do in their obsession with small govt and their Communist paranoia’s and fantasies, is acknowledge that their whole ponzy scheme has been underwritten buy Wahhabi Saudi’s and Communist Chinese.

    • Extremely Bored by Joky 1.6

      Its not what happens on your watch, its how you handle it. On all of the above Joky Hen has failed to provide any inspiration or action.
      The report to date
      Earthquake: looked good on the photo ops, released what looked like a good package, the detail let it down, over all not a bad effort.
      Worst Global recession. Looked good on photos, very reassuring about protecting the investments of deposit holders in financial establishments….SCF comes to mind, excellent result in costing the tax payer a bundle..what a cock up. No further plan to protect the economy…”market rulz you know!”
      Euro crisis: No photo op….no mention of it with any policy detail of how we would protect our dollar or markets (“the market will cure this” attitude when quite patently the market is not going to cure anything).
      US Dollar crisis as above but great photo op. Like Bambam clueless, he might have suggested something to the Pres….but no. Probably worried about his US$ holdings. Cant wait for photo.
      High oil prices: no photo op, not a mention or a strategy to do anything….except for drill offshore (a real option post the Gulf incident….send the Navy to protect the drillers). Or perhaps incite the largest protest since 1981 with plans to mine National parks (definitely no photo op).
      Record exchange rate…pretty hard to get a photo op here, singular fail…must be hurting his cash deposits in USA..what if they default…our $ goes ballistic as Greenback goes into free fall. Apply for the dole Joky!!!!!!!

      Pretty crappy really, maybe worst record in 80 years, perhaps not. Since Jurassic perhaps?

  2. Blighty 2

    governments aren’t to blame for events outside their control but they are responsible for how they respond to them.

    At least, they used to be.

    • Akldnut 2.1

      I’m still waiting for the inevitable shrilling “It’s Labours fault for leaving us in such a terrible position.”

      • Blue 2.1.1

        No need, it seems the voters are aware of it, well, more than 50% anyway. Hysterical shrieking is the preserve of the left as you know.

        • mik e 2.1.1.1

          BLUE our borrowing has,nt gone down under this government bill English is borrowing what the private sector was borrowing the percentage that was borrowed under the Clark govt there was no dereference to the previous govt or this govt her govt got the economy to grow 28% English hasn,t made it to 1% yet in 5 years as finance minister so far!

    • bbfloyd 2.2

      exercising duty of care has never been this govt’s job.. that would interfere with the real agenda..

  3. nadis 3

    You are kind of right, but whats semi-insulated NZ so far is the TWI, though that is close to its post 1998 high, at end of june was about 7% off that high.

    USD is about 30% of NZ TWI, whats really helped is Aussie at 21%.

    But yes, more trouble brewing though given the way global dairy prices are softening at the moment, any sensible resolution to the debt ceiling will see NZDUSD reverse quite a bit quite smartly – the currency really is being driven by external forces beyond the control of any NZ entity. I guess the move from mid high 70s to high 80s on NZDUSD is driven by the debt ceiling uncertainty.

    • Colonial Viper 3.1

      There is no sensible resolution to the debt ceiling issue. The US has already demonstrated that it is at high risk for being able to pay back its 2y treasuries, let alone its 30y ones.

      USD is going down – it will lose its reserve currency status. QE3 is already informally underway.

  4. randal 4

    Hey Z, it wont stop till every lard ass in New Zealand has a hardly davison, a leaf blower, and a plasma tv, and been to mongolia.

  5. Afewknowthetruth 5

    It’s all perfectly simple. The US is imploding somewhat faster than NZ because most Americans have been enjoying profligate lifestyles somewhat longer than most NZers, and America continues to print money at a faster rate than most other nations in order to fund its outrageous military spending and its occupations of other nations.

    The US peaked in oil extraction in 1970: that is when the supply of money for nuthin’ began to decline. Every day that passes the situation gets worse. (or better, if you would like habitable planet for the next generation).

    Right now around 30% of the US is severe drought, around 5% is inundated, 5% is trying to recover from storm damage (flooding, tornadoes etc.) the real umemployment rate is around 10% and the housijng market is continuing to implode.

    Meanwhile, the ‘idiots’ in NZ will take the lower petrol prices and lower import costs as a sign that the NZ economy is improving.

    randal: Have they shifted production of Harley Davidsons to China yet? If not, why not?

    I’ve been thinking. Perhaps queenstreetfarmer deliberately writes utter nonsense which is the reverse of logic just to promote responses.

    Whatever is happening, you can be sure the Bilderbergers are behind it and are profitting from it.

  6. indiana 6

    By the logic of this post Julia Guilard is doing a fine danndy job given that the Aussie dollar trades at AUD$1.09 against the USD.

    • Afewknowthetruth 6.1

      I see the Aussie dollar has broken through $1.10 US, supposedly because of ‘inflation fears’. That will drag the Kiwi up, since most financial analysts seem to think NZ is a district of Australia.

      Interestingly, the Aussie was 55 US cents at the time of the Olympics.

      Sumthinzburnin’

      How long till the Kiwi reaches the $1.20 US it was in 1974?

      (Correction to previous comment. the real US unemployment rate is 20%+)

    • Colonial Viper 6.2

      Australia’s high dollar is crushing all non-mining related exporters.

      You’ll note that towns in mining areas of Australia are still experiencing strong economic growth – everywhere else is not.

      The awful Christmas shopping season 2010 for Australian retailers was a warning shot across the bow. More to come.

    • indiana 6.3

      Ah…so its got nothing to do with a left leaning government unlike in NZ where it has everything to do with a right leaning government.

      • Colonial Viper 6.3.1

        Where is the Left leaning govt? All I see are capitalist governments around the place.

  7. TightyRighty 7

    what would you do then Zet, if you were in power?

    The fact is, New Zealand with it’s comparatively strong economy, low risk of default and high interest rates makes it a haven for currency investors. basically, it’s because the current Government of New Zealand are such good managers of the economy, that is why our currency is so attractive (and maybe why national are cleaning up in the polls).

    what would you have them do? be what this site accuses them of regularly? poor economic managers, which is an accusation that flies in the face of empirical evidence, no matter how desperately you try and spin it to be right. Right is right, left is sinister.

    • Colonial Viper 7.1

      Actually we are a haven for currency speculators because of our naively “clean” float and the extreme predictability our exchange rate can be manipulated.

      ie National is doing a good job of gaming the economy not building it.

      Not a surprise since a currency ticket clipper is the PM.

      poor economic managers, which is an accusation that flies in the face of empirical evidence, no matter how desperately you try and spin it to be right.

      Come now, an economy which delivers only to the rich is not a good economy. Youth unemployment near 30% is that the ‘empirical evidence’ you are pointing to? Or wage rates 1/3 less than Australia’s? Or the 3000 Kiwis per month leaving for Australia?

      Our country is being hollowed out. Sorry you can’t see it.

      Right is right, left is sinister.

      Breivik. Right Wing.

      • TightyRighty 7.1.1

        When youth rates disappeared, youth employment went up in the middle of one the biggest recessions we’ve ever seen.

        I love it CV when you use stats, as I then know you are lying. You love quoting the median wage as all important in NZ, but make the comparison between NZ and OZ using average wage. You also uniquely ignore the fact that our costs of living are lower in new zealand and that australias economy is looking shakier and shakier as the stupidity of julia gillard is revealed. Attacking the only reason australia avoided recession. silly ranga.

        Apart from the the fact you have offered nothing to refute my claim the reason the currency is high vs the US dollar is a result of the government being so good at managing our economy, you have proven you know next to nothing about economics and the economics of labour.

        • Colonial Viper 7.1.1.1

          *Shrug*

          50% of NZ’ers earn less than $28,000 pa.

          Its pathetic and you know it.

          Successive NZ Govts have given currency speculators the Keys to the country. If you think that is ‘good economic management’ you need your head read.

          By the way minimum wage needs to transition to $16/hr over 2 years.

          • TightyRighty 7.1.1.1.1

            what you have said means nothing, 50% of new zealanders earn less than $28k per year? ok, what percentage of that 50% are in school, studying, doing volunteer work, are actually in new zealand or are on a benefit? see what i mean about you quoting stats? your lying.

            Currency speculators do not have the keys to the country, you gigantic moron, anyone with more money than anyone else does, and even then not really. do you think currency speculators are busy buying our currency just to fuck with us? or is because they want to make as much money of their money based on a paradigm of risk / reward? would you rather have the fixed currency that almost beggared the country? do you know a single fucking thing about what you say. Minimum wage needs to transistion to $16 h/r over two years does it? ok, as soon as we can get on with the business of making this country wealthy enough to afford that without being hamstrung by numbnuts lefties like yourself wanting to penalise those who produce the wealth required to pay the $16 h/r. you stupid little shit, thinking having the last word means you are right, when all you do is mouth slogans and bull shit.

            • Colonial Viper 7.1.1.1.1.1

              By the way, its time workers start pushing for 5 weeks holidays per year, and an extra stat day annually.

              And sick/bereavement leave entitlements need to go to 10 days per year.

              In addition over time rates for those doing over 40 hours per week need to be returned.

              Currency speculators do not have the keys to the country,

              Each cent our dollar goes up costs our country tens or hundreds of million dollars in productive exports. What do you call that?

        • mik e 7.1.1.2

          ITS because we borrowed their printed money at 5.5% interest while their only paying 1/2% interest .We should have printed some of our own instead of borrowing ie GARETH MORGAN they are deliberately printing to push the Chinese to float so we are the mugs caught in the middle by our ideologues.typical

    • Draco T Bastard 7.2

      it’s because the current Government of New Zealand are such good managers of the economy,

      Nope, it’s because the current lot are promising to sell us out.

      • TightyRighty 7.2.1

        nope it’s because the interest rates are high as the economy is straining ahead so inflation must be controlled, this is a direct result of good economic management. try as you might, you are all avoiding this salient fact. I know the truth hurts, as evidenced by the lack of a post on the latest poll.

        • Colonial Viper 7.2.1.1

          Every developed nation in the world is trying to manage their currencies downwards to stave off economic disaster and you are saying that a high dollar is good economic management?

          You truly have no idea I’m afraid.

          How can it be good economic management to strangle our export sector? Destroy our heavy industry? Hurt ag/hort exporters?

          Of course, your neoliberal view of economics explains a hell of a lot of the trouble this country is in.

          The few do well from your style of “good economic management”,while the many suffer and kids go hungry.

          • TightyRighty 7.2.1.1.1

            every developed nation in the world? such as australia? or singapore? there are two countries that are ok with high currencies. so your wrong already.

            Strangle our export sector, this is based of only receiving world market pricing for goods right? ignoring trade agreements not in USD? or EURO?

            “the many suffer and kids go hungry”? i thought i slaved my arse off to provide for the myself after the government takes it’s whack so that kids wouldn’t go hungry. Hey, here is a novel option, if you can’t afford to have kids, don’t have them. OH wait, would this be unintended effect of the welfare state? that increased benefits leads to increased reliance on them and people become unable to make rational choices about themselves and their lifestyles? fuckwit, that is you.

            • Colonial Viper 7.2.1.1.1.1

              Grow a brain – Singapore has a dirty float currency with movements limited against a basket of other foreign currencies.

              BTW Australia’s high currency is killing all their non-mineral exporters.

              i thought i slaved my arse off to provide for the myself after the government takes it’s whack so that kids wouldn’t go hungry. Hey, here is a novel option, if you can’t afford to have kids, don’t have them.

              Human right to have a family mate, and we deserve to live in a society which will support the next generation.

              Oh yeah, we need a wage structure which will allow families to have one parent earn a decent wage and the other one to stay at home and support the rest of the family, if that is what they choose to do.

              • Blue

                Human right to have a family, of course it is, but it not a human right to have a family you can’t afford to fucking feed, only a moron or a Labour Party voter would think that made sense. (Apologies for repeating myself MT)

                • Colonial Viper

                  Ahem. NZ has plenty of wealth to feed everyone in this country. And to supply each man woman and child in the country with a litre of milk per week for $1.

                • mik e

                  Blue it seems policy on the right leads to poorer families 20,000 more on the DPB under Key. Ever since we,ve had Rogernomics we,ve had higher teenage pregnancies.Your Sir Peter Gluckman has pointed out we need to invest in more education and innovation but you guys don,t listen to your own advice and cut funding in those areas.Education is the best contraception not deprivation as you would have us believe

                  • Blue

                    Investing in innovation and education has fuck all to do with someone having kids when they patently can’t afford it.

            • mik e 7.2.1.1.1.2

              Yeah is that why Australia is slowing down then meaning at 40% of our exports they will be reducing what they buy from us. with a weaker ausd as well.Yeah righty . just about every right wing blogger said we didn,t know how to conduct discourse without being abusive over the weekend yeah righty. you,d only ever be happy in a feudal state in that state your leader John Keys mother would be in your firing line .She wouldn,t have got the hand up for nice we johnny to become NZ,s first celebrity PM.

            • mik e 7.2.1.1.1.3

              YEAH whatever Tighty the Aussie economy is tanking right now as we speak theres only so far someone can push price of a commonality up where it becomes to expensive to make a profit especially as China relies on the US

        • Draco T Bastard 7.2.1.2

          http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10728178

          China’s enormous sovereign wealth fund, the China Investment Corporation, may have set aside up to 1.5 per cent or about $6 billion of its massive foreign exchange reserves to invest in New Zealand assets, including government bonds, companies and potentially dairy farms.

          And China won’t be the only ones looking to buy assets that make a 15% return either. Only way they can buy them though is to buy NZ$ and that pushes the FX rate up.

          BTW, what proof do you have that the economy is improving? Because so far, all I’ve seen is flat despite NAct saying that we would roar out of recession after cutting taxes.

        • mik e 7.2.1.3

          HIGH commodities and high borrowing. what happens when our Commodities drop.Yes Bill will borrow more it may not happen before the election but it will happen.Commodities are a roller coaster some of that roller coaster is already on the downward slide. GOOD economic management yeah right Good image management thats what it is Tighty. smile and waves teflon hasn,t worn off yet .Alrighty

  8. Marjorie Dawe 8

    The strange thing is that you believe its ok to reduce the rates of childbirth but who will our workers of the future be? Oh that’s right. Our economic management is such that our productive sector will just continue to shrink and there wont be any jobs at all so why have kids who wont be able to get jobs anyway. I actually think you are theuniformed fuckwit righty! The only way we will get out of the crap we are in is to control the NZD and reduce the fluctuations. We are too small to be a speculative currency and our current government hasnt got a clue.

    • Afewknowthetruth 8.1

      ‘our productive sector will just continue to shrink and there wont be any jobs’

      Actually, the ‘productive sector’ is a myth, just like everything else in economics.

      Nature is the only thing that produces anything. All humans do is convert what nature produced into something else, and most of the time that something else is just waste.

      You are right; there won’t be any jobs a few years from now -well not in the traditional sense of the word. The present industrial economy cannot function without a supply of fossil fuels, and the present financial Ponzi scheme cannot function with an INCREASING supply of fossil fuels. That’s why it’s all falling apart right now… peak oil and all that.

      • Draco T Bastard 8.1.1

        Nature is the only thing that produces anything. All humans do is convert what nature produced into somnething else, and most of the time that something else is just waste.

        Nature >> human use >> waste

        What humanity gets wrong and is part and parcel of standard economics is that the majority of the waste isn’t something that nature can use/recycle and so it poisons the environment rather than fitting within the natural cycles.

  9. Colonial Viper 9

    Gotta love Assoc Prof Steve Keen. This man gets it.

    http://www.youtube.com/watch?v=uLNylnm0QA4&feature=player_embedded

  10. Afewknowthetruth 10

    Panic over. The Kiwi has dropped from 87.55c to 87.48c.

    • Blue 10.1

      What no hysteria over “Peak Oil” today?

      • Afewknowthetruth 10.1.1

        Hysteria?

        I suppose you think society ignoring the second biggest issue in all of history and NZ society heading straight into economic meltdown and eventual mass starvation as a joke. You must be pretty sick.

        • Blue 10.1.1.1

          Not sick, just sick (and tired) of words from the left but no action. Words without action are just noise. You’re a one issue poster with plenty of noise about this issue. If you have the answer, share it with the left so they can make change that satisfies this perceived need that obsesses you so. Secondly perhaps you might ask why, after nine years in power, Labour did precisely ‘dick’ about this matter? I remember the Greens being there as well during this time with, what they thought, was a sympathetic Government ear. You can talk the green talk, it is much more difficult for Labour to walk it, it seems.

      • Colonial Viper 10.1.2

        Hey mate just get that solar hot water heating in you;re going to need it.

        • Robert Atack 10.1.2.1

          You first need a water supply independent of the grid.

          Every so called ‘alternative’ – be it food supply or energy has to pass the ‘Baghdad’ test ie would it work in Baghdad in 2005 … or Mogadishu ?

          If you have solar hot water and all your pig ignorant neighbours haven’t then
          1 – get use to killing people
          2 – or cold showers

          Solar panels = target
          Same with a producing garden, you can’t guard it 24/7 … or water it if the water comes from a council tap

          We are surrounded by our killers

  11. grumpy czeching in 11

    This is a crap argument, there is no difference in the earning power of our exports when converted to $NZ. If a $US converts to whatever NZ exchange rate it has no impact on that exports “real” value. perhaps it converts to less dollars that are worth more , or more dollars that are worth less.

    When NZers try to spend those converted dollars on imports or things governed by “world prices”, we find that more dollars that are worth less and less dollars that are worth more are exactly the same.

    What NZ needs are high product returns with a high exchange rate. That leads to higher real wages which, surely, is what we all want.

    PS Current NZ/EURO makes this a great time to be in Europe – enjoy…….

    • lprent 11.1

      The ‘value’ argument is dead wrong in reality. Have you been ignoring practical economics of exporting all your life?

      You’re anticipating that the price of the exports moves directly with the exchange rate – but it doesn’t in the short and even the medium term. Most export pricing is inelastic because it is based on the market price in the target country – ie what people are willing to pay in their own currency and relative to their own earning abilities. Push the local price point up and the demand diminishes and moves to alternatives,

      The other side also holds true. If the exporter is getting less money in their local currency – that they pay their employees and local suppliers in, then they will attempt to squeeze costs tighter to maintain a profit margin.

      You can expect major readjustments to the markets (especially the US which is highly price sensitive) with the economic disruptions that causes and the loss of value from the waste of marketing and investment infrastructure buildup over the years in target markets (and anyone who thinks that those are cheap clearly hasn’t done work in the US market).

      Locally that translates to fewer jobs as companies retrench while looking for other markets. You will also see companies fail from the impact shocks.

      Basically you’re dreaming – take it from someone who has been exporting all my working life.

      • grumpy czeching in 11.1.1

        Basically, at the level you are describing you are correct. But, on a more macro level, NZ will not improve real wage rates until our economy can sustain high exports with a high exchange rate.

        Higher NZ returns based on a low $NZ only give the illusion of doing well.

Important links

Recent Comments

Recent Posts

  • Is Simon Lusk a psychopath?
    National party consultant Simon LuskYou may have noticed that the mask has entirely slipped from the National parties face, taking their pretence of being honourable with it. Because of the revelations in Nicky Hager's excellent book, Dirty Politics, no longer...
    The Jackal | 22-08
  • July 14 Patronage results
    The patronage results for July are now available and they show another strong month of growth. Auckland public transport patronage totalled 72,740,387 passengers for the 12 months to Jul-2014, an increase of +0.5% on the 12 months to Jun-2014 and +5.9%...
    Transport Blog | 22-08
  • Would the real National Party please stand up
    This election campaign is turning into a joke. National, through John Key and to a lesser extent Steven Joyce, appear to be telling us either not to believe emails people from their sidewrote or that somehow a smear campaign involves...
    My Thinks | 22-08
  • A right wing conspiracy
    In just one week we've gone from the Prime Minister claiming that nothing in Nicky Hager's new book, Dirty Politics, was true to irrefutable proof that Ministers and their staff were directly involved in smear campaigns using the poisonous blog...
    The Jackal | 22-08
  • The Prime Minister responds again
    Hello there. I just wanted to spend some time to respond to some of the baseless accusations that have been flying around this week. First of all, Labour need to be ashamed about the way they have behaved. They have...
    My Thinks | 22-08
  • The most bullshit OIA response ever
    On July 30, we learned via Question Time that Murray McCully had allowed an email informing him that the Malaysian government was not waiving Muhammad Rizalman’s diplomatic immunity to sit unread in his mailbox for an indeterminate amount of time....
    No Right Turn | 22-08
  • Lucy
    ...
    Notes from the edge | 22-08
  • Sick again
    This post is part of the 100 Days ProjectDay 42I've got nothing interesting to share about the world - my temperature is up and I feel crummy - again.  It's probably nothing much, but after a week of lethargy and...
    Notes from the edge | 22-08
  • Voice-over!
    This post is part of the 100 Days ProjectDay 38Political scandles notwithstanding, I've spent the last two days learning how to be a voice artist, in as much as this is possible in a two day period.  It was a...
    Notes from the edge | 22-08
  • My mechanic is a right-winger
    This post is part of the 100 Days ProjectDay 37My mechanic is one of my favourite service providers.  On days when I have to leave my car for repair he drives me to work while telling hilarious, off-colour stories about...
    Notes from the edge | 22-08
  • Craft Kitchen
    This post is part of the 100 Days ProjectDay 36Craft Kitchen is an organic, gourmet sort of cafe which opened near the corner of Ponsonby and Great North Roads a bit over a month ago.  The first week it was...
    Notes from the edge | 22-08
  • Letter to the Editor – Transparency in government – do we have it or no...
    . . from: Frank Macskasy to: Dominion Post <letters@dompost.co.nz> date: Fri, Aug 22, 2014 subject: Letters to the Editor . The Editor Dominion Post . Some National Party supporters are keen to over-look allegations of wrong-doing and dirty politics in...
    Frankly Speaking | 22-08
  • Letter to the Editor – Transparency in government – do we have it or no...
    . . from: Frank Macskasy to: Dominion Post <letters@dompost.co.nz> date: Fri, Aug 22, 2014 subject: Letters to the Editor . The Editor Dominion Post . Some National Party supporters are keen to over-look allegations of wrong-doing and dirty politics in...
    Frankly Speaking | 22-08
  • Letter to the Editor – The Marianna’s Trench or Pluto?! WTF was Key hol...
    . . from:      Frank Macskasy to:           Sunday News <editor@sunday-news.co.nz> date:      Fri, Aug 22, 2014 subject: Letter to the editor . The editor Sunday News . He says he doesn’t know about Judith Collins...
    Frankly Speaking | 22-08
  • Letter to the Editor – The Marianna’s Trench or Pluto?! WTF was Key hol...
    . . from:      Frank Macskasy to:           Sunday News <editor@sunday-news.co.nz> date:      Fri, Aug 22, 2014 subject: Letter to the editor . The editor Sunday News . He says he doesn’t know about Judith Collins...
    Frankly Speaking | 22-08
  • Letter to the Editor – Just what is the Prime Minister’s role?!
    . . FROM: Frank Macskasy SUBJECT: Letter to the Editor DATE: Fri, 22 Aug 2014 TO: The Listener <letters@listener.co.nz. . The editor The Listener . John Key says he knew nothing about the activities of his one-time media consultant, Jason...
    Frankly Speaking | 22-08
  • Letter to the Editor – Just what is the Prime Minister’s role?!
    . . FROM: Frank Macskasy SUBJECT: Letter to the Editor DATE: Fri, 22 Aug 2014 TO: The Listener <letters@listener.co.nz. . The editor The Listener . John Key says he knew nothing about the activities of his one-time media consultant, Jason...
    Frankly Speaking | 22-08
  • A life working for social justice, David Shearer
    I believe New Zealand can be the best country in the world, where everyone can get a fair go and anyone prepared to work for it can achieve their dream....
    Labour campaign | 22-08
  • Key’s pathetic excuses
    Aug 15, 2014Aug 18, 2014Aug 18, 2014Aug 19, 2014Aug 20, 2014...
    The Jackal | 22-08
  • Is Whale Oil a journalist (2)?
    Some time ago, I wrote about Cameron Slater’s claim to be a journalist, which he is invoking for the purposes of protecting his confidential sources. The District Court ordered him to turn over his sources in a defamation case brought...
    Media Law Journal | 22-08
  • Government considering starting CRL on time
    I’ve long suspected the realities surrounding the City Rail Link and its close relationship to some of the biggest development projects in Auckland would in some ways force the governments hand and require an earlier start than 2020. Yesterday the...
    Transport Blog | 22-08
  • Poll of polls
    Polity's poll of polls is up to date, over at the Poll of Polls page. The short version, good to use as a more-or-less pre-Dirty Politics baseline, is: National: 50.4% Labour: 26.4% Greens: 12.0% NZF: 4.6% InternetMANA: 2.3% Conservative: 2.1%...
    Polity | 22-08
  • Primary Teachers Rise Up!
    I have been a primary teacher for 35 years and for over half of that time I have been an active member of the New Zealand Educational Institute, New Zealand's largest education union. NZEI Te Riu Roa represents 50,000 members, including...
    Local Bodies | 22-08
  • Friday melts, weird weather and whales (it’s been a long time…)
    It’s been a long time since my last post: apologies for that. You may blame a bad cold, an urgent need for root canal work, the peak of the truffle season (and truffle tours for culinary heroes1 ), the start...
    Hot Topic | 22-08
  • John Key’s Top 69 Lies – Today No. 29: It’s a left-wing smear campaig...
     Key: 'Left wing smear campaign'   Key continues to back Collins    John Key is wrong. He is not the victim of a smear campaign, and here's why: First, let's define "smear campaign". Wikipedia: A smear campaign, smear tactic or simply smear is...
    Arch Rival | 22-08
  • How Many National MPs are Corrupt?
    Reading through the ‘dumps’ of information allegedly showing Scumbag Adulterer Cameron Slater’s messages with National Party Hacks, there is a lot of discussions about money changing hands, Tobacco Companies making ‘donations’, and so on. Not only has Key’s Office and...
    An average kiwi | 22-08
  • Tolley feeds Slater too
    Because of Nicky Hager's excellent book, Dirty Politics, we know that a number of senior National party officials and Ministers have been caught out supplying information and content to the Whale Oil Beef Hooked blogsite, information that Cameron Slater uses...
    The Jackal | 22-08
  • Unsurprising
    No bloggers have signed up to join the Online Media Standards Authority. This isn't really surprising. For a start, membership costs $500 a year (and ten times that if too many people complain) - well beyond the means of most...
    No Right Turn | 22-08
  • Nelson fishing museum satire or not?
    Apparently, unless Fairfax is now taking on The Civilian in the field of satirical news, the Minister of Conservation Nick Smith and fishing magnate Peter Talley are planning a fishing museum in Nelson. And the Minister considers this "ambitious new...
    Greenpeace NZ blog | 22-08
  • Steering By The Real: Chris Trotter Responds To Paul Buchanan.
    Uncharacteristically Idealistic: Normally a cool-headed realist (as befits an expert in international relations) Dr Paul Buchanan has taken issue with Chris Trotter's "cynical" Bowalley Road posting Dirty Politics - Is There Any Other Kind? by offering a passionately idealistic defence of...
    Bowalley Road | 22-08
  • This should not have taken five years
    Back in 2009, after the Herald was given information showing that National MP Kanwaljit Singh Bakshi was suspected by the Immigration Service of paying off a woman at the centre of allegations he had made bogus job offers, Immigration Minister...
    No Right Turn | 22-08
  • Poll of Polls update – 22 August 2014
    The latest Herald Digipoll has just been released, and with a polling window running from 14 August to 20 August, the entirety of the polling was completed following the release of Dirty Politics. The results show a sharp fall of 4.9% for National. However,...
    Occasionally erudite | 22-08
  • Hard News: In The Green Room
    Next Thursday, John Key and David Cunliffe will meet in the first TVNZ leaders' debate. At the same time, Green Party co-leaders Metiria Turei and Russel Norman will appear in The Green Room, a "companion" debate streamed live online.I'll be...
    Public Address | 21-08
  • Walking in Manukau
    Just over a month ago I was out at Manukau City, at the open day of the new MIT, which doubles as Manukau station. This is a brilliant facility, with world class integration of land use and transport. If you...
    Transport Blog | 21-08
  • World News Brief, Friday August 22
    Top of the AgendaThai Junta Leader Appointed PM...
    Pundit | 21-08
  • Review finds community water fluoridation safe and effective
    A press release from the Royal Society of NZ today. I think the “take home message is: “The panel concluded that the concerns raised by those opposed to fluoridation are not supported by the scientific evidence” A review of the...
    Open Parachute | 21-08
  • Seismic testing stopped in Norway but coming soon to Northland
    Seismic testing for oil in the Arctic Barents Sea, commissioned by the Norwegian Petroleum Directorate has been stopped four days after it began and one month ahead of schedule after Greenpeace exposed it to the media. But off the coast...
    Greenpeace NZ blog | 21-08
  • Hard News: Friday Music: A Strange Road
    It was one thing when the Electoral Commission declared Darren Watson's 'Planet Key' song and video to be an "election programme" under the Broadcasting Act. But quite another for it to then find it to also be an "election advertisement"...
    Public Address | 21-08
  • More proof
    Adam Bennet in the Herald reports: New evidence has emerged appearing to contradict Prime Minister John Key's claim he was never told by the SIS it intended to release politically sensitive secret documents to Whale Oil blogger Cameron Slater. But...
    Polity | 21-08
  • Up Front: Oh, God
    I'm not a militant atheist. I've always been grateful that I was raised by a good Christian woman; one who believed in kindness, and giving, and generally not being a judgemental homophobic arsehole. Those people's voices are largely missing from...
    Public Address | 21-08
  • New Fisk
    Air strikes? Talk of God? Obama is following the jihadists’ script...
    No Right Turn | 21-08
  • Key fails to keep his lies straight
    When evidence emerged yesterday that John Key had been briefed on Cameron Slater's expedited OIA to the SIS, he was quick to deny it. Apparently when the SIS director and the Ombudsman referred explicitly to "discussions with the Prime Minister",...
    No Right Turn | 21-08
  • Enter the Mad Butcher
    One aspect of the disgusting messages between National party propagandist Cameron Slater and his accomplice Aaron Bhatnagar that hasn't been picked up on by the mainstream media yet is their discussion about Peter Leitch AKA the Mad Butcher.This part of...
    The Jackal | 21-08
  • NEWSFLASH: John Key Clone Used to Fake News Conference
    Incredibly “Left Wing Smear” Campaigners have used a time machine, travelled back to August 8th 2011, with a Clone of John Key (That they made days before, using number eight wire and Oravida Milk Powder), and held a News Conference...
    An average kiwi | 21-08
  • Norway in sneak attack on the Arctic
    The Esperanza has been in Svalbard, in the Arctic, for a few weeks now and we recently became aware of something urgent and disturbing. A seismic company called Dolphin Geophysical, commissioned by the Norwegian Petroleum Directorate, has begun seismic mapping...
    Greenpeace NZ blog | 21-08
  • Vote Choice: Social Media Round-up
    We will return to our regularly scheduled coverage of party leader’s position on abortion. Meanwhile, this week’s Vote Choice series focuses on what we have heard from supporters across social media. We’ve also listed some interesting resources that can help...
    ALRANZ | 21-08
  • “Dirty Politics” and The Teflon Man
    . . The release of Nicky Hager’s book, “Dirty Secrets” has unleashed more of a political firestorm than many had anticipated. (Or, perhaps some did.) The glare of publicity has been shone like a laser-beam into the darkest, most noisome...
    Frankly Speaking | 21-08
  • “Dirty Politics” and The Teflon Man
    . . The release of Nicky Hager’s book, “Dirty Secrets” has unleashed more of a political firestorm than many had anticipated. (Or, perhaps some did.) The glare of publicity has been shone like a laser-beam into the darkest, most noisome...
    Frankly Speaking | 21-08
  • Is Penlink worth it?
    As the Council puts together its 10 year budget over the coming months there will be some really big questions that need to be addressed in the area of transport. When to start City Rail Link? How fast to build...
    Transport Blog | 21-08
  • Abandoning Science – And The Planet
    Weeping For The Planet: The famous "Crying Indian" advertisement, produced by Keeping America Beautiful, struck a deep chord with Americans when it first screened on "Earth Day" - 22 April  1971. It was a time when both the Left and the...
    Bowalley Road | 21-08
  • Labour irons out low income tax issue
    The increasing casualisation of work has led to many New Zealand families being disadvantaged through the tax they pay, Labour Leader David Cunliffe says. "Many low paid workers are having to work two or three jobs to make ends meet...
    Labour | 22-08
  • Cornered Government comes out swinging
    The National Government is so desperate to keep its dead-in-the-water expert teachers policy alive, it has refused to rule out forcing schools to participate through legislation, Labour’s Education spokesperson Chris Hipkins says. “John Key today attacked the Educational Institute for...
    Labour | 22-08
  • Pacific people continue to go backwards under National
    A report from Victoria University highlights the fact that Pacific people are continuing to go backwards under a National Government, said Labour’s Pacific Affairs spokesperson Su’a William Sio.  “The report shows the largest inequality increases were in smoking, obesity, tertiary...
    Labour | 22-08
  • Wellington transport plan needs to keep moving
    The failure of the Transport Agency to properly look at alternatives to the Basin Reserve flyover is not a good reason for further delays to improving transport in Wellington, Labour MPs Grant Robertson and Annette King say. “The Board of...
    Labour | 22-08
  • Labour’s focus on inequality, kids and better job prospects
    Tackling child poverty and removing barriers to people working part time to enhance their prospects of moving into a fulltime job are highlights of Labour’s Social Development policy. Releasing the policy today, spokesperson Sue Moroney said while part-time work was...
    Labour | 21-08
  • Political staff should give answers under oath
    The Inspector General of Security and Intelligence should use her full statutory powers to question witnesses under oath about the leak of SIS information, says Labour MP Phil Goff. “Leakage of confidential information from the SIS for political purposes is...
    Labour | 21-08
  • High dollar, hands-off Govt sends workers to dole queue
    The loss of up to 100 jobs at Croxley stationery in Auckland is devastating news for their families and the local Avondale community, Labour’s Employment, Skills and Training spokesperson Grant Robertson says. “The company’s inability to compete in international markets...
    Labour | 21-08
  • National’s flagship education policy dead in the water
    National’s plan to create executive principals and expert teachers is effectively dead in the water with news that 93 percent of primary teachers have no confidence in the scheme, Labour’s Education spokesperson Chris Hipkins says. “The fact that teachers are...
    Labour | 21-08
  • Dunedin will be a knowledge and innovation centre under Labour
    Dunedin will become a knowledge and innovation centre under a Labour Government that will back local businesses, support technology initiatives and fund dynamic regional projects, Labour Leader David Cunliffe says. “Nowhere has the National Government’s short-sightedness been more apparently than...
    Labour | 21-08
  • Inquiry into SIS disclosures the right decision
    Labour MP Phil Goff says the Inspector-General of Intelligence and Security has done the right thing by launching an inquiry into the disclosure of SIS documents about a meeting between himself and the agency’s former director-general. “This inquiry is necessary...
    Labour | 20-08
  • Labour – supporting and valuing carers and the cared for
    Placing real value on our elderly and the people who care for them will be a priority for a Labour Government, Labour Leader David Cunliffe says. Releasing Labour’s Senior Citizens policy today David Cunliffe promised that a Labour Government would...
    Labour | 20-08
  • By Hoki! It’s Labour’s fisheries policy
    A Labour Government will protect the iconic Kiwi tradition of fishing by improving access to the coast, protecting the rights of recreational fishers and reviewing snapper restrictions, Labour’s Fisheries spokesperson Damien O’Connor says. “Catching a fish from the rocks, beach...
    Labour | 20-08
  • Mighty River – Mighty Profits – Mighty hard to swallow
    Mighty River Power’s profit increase of 84 per cent is simply outrageous, says Labour’s Energy spokesperson David Shearer. “Demand for electricity is flat or declining yet the company has made enormous profits. It is the latest power company to celebrate...
    Labour | 19-08
  • Collins’ actions were wrong, not unwise
    John Key’s moral compass remains off-kilter as he cannot bring himself to declare Judith Collins’ actions outright wrong, not simply ‘unwise’, said Labour MP Grant Robertson. “Under pressure John Key is finally shifting his stance but his failure to condemn...
    Labour | 19-08
  • Public servants behaving with more integrity than their masters
    The State Services Commission's new report on the integrity of our state services reflects the yawning gap between the behaviour of public servants and that of their political masters, Labour's State Services spokesperson Maryan Street says. “This report, which surveyed...
    Labour | 19-08
  • Phil Twyford Speech to NZCID
    "Labour's plan to build more and build better: how new approaches to housing, transport and urban development will deliver cities that work" Phil Twyford, Labour Party spokesperson on housing, transport, Auckland issues, and cities.  ...
    Labour | 19-08
  • Labour commits to independent Foreign Affairs and Trade
    “Labour is committed to New Zealand’s Foreign Affairs and Trade policy being independent and proactive, Labour’s Foreign Affairs spokesperson David Shearer says. “We are a small but respected country. Our voice and actions count in international affairs. Labour will take a...
    Labour | 19-08
  • Key must sack Collins over abhorrent actions
    The latest revelations that Judith Collins sent the contact details of a public servant to WhaleOil in a desperate attempt to divert media attention from a bad story is abhorrent, Labour MP Grant Robertson says. “John Key and Judith Collins...
    Labour | 19-08
  • It’s downhill from here under National
    The forecast drop in exports and predicted halving of growth shows that it’s downhill from here with National, Labour’s Finance spokesperson David Parker says. “Growth under this Government peaked in June and halves to two per cent in coming years....
    Labour | 19-08
  • John Key loses moral compass over Collins
    John Key has lost his moral compass over Judith Collins’ involvement with Cameron Slater and lost touch with New Zealanders’ sense of right and wrong, Labour MP Grant Robertson says. “Whoever is Prime Minister there are expectations they will not...
    Labour | 18-08
  • Mana Movement General Election 2014 List confirmed
    The MANA List is now confirmed with all the candidates as below (the numbers are the respective Internet MANA rankings). Candidate, Electorate, Internet MANA List Position Hone Harawira, Te Tai Tokerau (1) Annette Sykes, Waiariki (3) John Minto, Mt Roskill (4) Te Hamua Nikora, Ikaroa-Rawhiti...
    Mana | 18-08
  • PREFU likely to confirm dropping exports
    National’s economic management will be put under the spotlight in tomorrow’s PREFU given clear signs the so-called rock star economy has fallen off the stage, with plummeting prices for raw commodity exports, Labour’s Finance spokesperson David Parker says. “Under National,...
    Labour | 18-08
  • Record profits while Kiwis face a cold winter
    The record profits by two of New Zealand’s largest electricity companies will be a bitter pill for New Zealand households who are paying record amounts for their power, says Labour’s Energy spokesperson David Shearer. “No doubt the Key government will...
    Labour | 18-08
  • Time for John Key to answer yes or no questions
    John Key’s train-wreck interview on Morning Report shows he is no longer capable of a simple yes or no answer and has lost touch with what’s right and wrong, Labour MP Grant Robertson says. “John Key has become so media...
    Labour | 18-08
  • Key must clarify who signed out SIS OIA
    Yet again John Key is proving incapable of answering a simple question on an extremely important issue – this time who signed off Cameron Slater’s fast-tracked SIS OIA request on Phil Goff, said Labour MP Grant Robertson. “John Key’s claim...
    Labour | 18-08
  • Time to invest in our tertiary education system
    A Labour Government will fully review the student support system – including allowances, loans, accommodation support and scholarships – with a view to increasing access and making the system fair, transparent and sustainable, Labour’s Tertiary Education spokesperson Maryan Street says....
    Labour | 17-08
  • Labour will facilitate regional Māori economic development agencies
    The next Labour Government will facilitate the creation of regional Māori economic development groups lead by iwi and hapū to work in partnership with business and public agencies as part of its Māori Development policy. “Labour is committed to working towards...
    Labour | 16-08
  • PRIME MINISTER’S DENIAL AT ODDS WITH NATIONAL PARTY STATEMENT
    Labour’s New Zealand Council has today released an email from the General Manager of the National Party that directly contradicts recent statements from the Prime Minister in relation to the 2011 breaches of Labour Party website databases. In his stand-up...
    Labour | 16-08
  • Labour committed to a healthier NZ for all
    A Labour Government will shift the focus of the health system from narrow targets and short term thinking to make public health and prevention a priority, Labour’s health spokesperson Annette King says. Releasing Labour’s full Health policy today she said...
    Labour | 15-08
  • Time Key took responsibility for Collins
    It is well past time for John Key to take some responsibility for the misuse of power and information by his Minister Judith Collins, and follow through on his last warning to her, Labour MP Grant Robertson says. “The evidence released...
    Labour | 14-08
  • Dear John, time to answer a few questions… – Harawira
    “When Cameron Slater says about Kim Dotcom ‘I have lots on him…death by a thousand cuts…wait till you see what comes out in coming weeks on that fat c***t’, you have to ask whether this is the same Cameron Slater...
    Mana | 14-08
  • MANA CANDIDATE FOR IKAROA RAWHITI OPENS UP ABOUT SUICIDE
    “This week suicide has claimed yet more lives in whanau and communities in Ikaroa Rawhiti, and my heart goes out to those who are dealing with such a tragic loss”, says MANA candidate for Te Ikaroa Rawhiti, Te Hamua Nikora....
    Mana | 14-08
  • Offshore betting in Labour’s sights
    A Labour Government will clamp down on offshore gambling websites that deprive the local racing industry of funds, Labour’s Racing spokesperson Ross Robertson says. Releasing Labour’s racing policy today, he said betting on offshore websites is a major threat to...
    Labour | 14-08
  • Key has serious questions to answer on Dirty Politics
    John Key must answer the serious questions raised in Nicky Hager’s new book which reveal examples of dirty politics that New Zealanders will be deeply concerned about, Labour MP Grant Robertson says. “Many people will be disturbed by the evidence...
    Labour | 14-08
  • Creating an inclusive society for disabled people
    A Labour Government will provide free annual health checks for people with an intellectual disability, Labour’s Disability Issues spokesperson Ruth Dyson said today in announcing Labour’s Disability Issues policy. “We will also employ another 100 additional special education teachers and...
    Labour | 14-08
  • Media Advisory – MANA name change
    This is to advise all media that on the 24th of July the ‘Mana’ party name was officially changed to ‘MANA Movement’ under the Electoral Act 1993.  The inclusion of the word ‘Movement’ in our name shouldn’t come as a surprise...
    Mana | 13-08
  • New Zealand must help in the growing Iraq crisis
    The humanitarian crisis in Iraq looks certain to get worse before it gets better,” said David Shearer Labour’s Foreign Affairs spokesperson. “New Zealand should urgently pledge increased humanitarian assistance to United Nations agencies and NGOs present on the ground....
    Labour | 13-08
  • Allegations of migrant worker rort should be investigated
    Labour is calling for an investigation into the alleged exploitation of workers at Hutt Railway workshops, hired to repair asbestos-riddled DL locomotives. Hutt South Labour MP Trevor Mallard has written to the Ministry of Business, Innovation and Employment asking that...
    Labour | 13-08
  • Medical and dentistry students get reprieve under Labour
    A Labour Government will restore the right of medical and dentistry students to get student loans after seven years of study because it is the right thing to do, Labour’s Tertiary Education spokesperson Maryan Street says. “Hard on the heels...
    Labour | 13-08
  • National must stop meddling with ACC before the election
    The redesign currently occurring at the Accident Claims Corporation (ACC) for sensitive claims needs to be put on hold immediately, said the Green Party today.The Green Party is concerned about work currently underway at ACC involving the sensitive claims service...
    Greens | 13-08
  • Markets slow but first home buyers still hurting
    First home buyers are hurting more than ever as the supply of affordable houses in the market dries up, Labour’s Housing spokesperson Phil Twyford says. “The Reserve Bank will be happy LVR minimum deposits and rising interest rates have dampened...
    Labour | 13-08
  • Green Party celebrates MOU win on contaminated sites
    The Green Party is celebrating the announcement of a national register of contaminated sites today, and $2.5 million to start cleaning two sites up. The Green Party and the National Party agreed to include toxic site management work in their...
    Greens | 13-08
  • Emergency staff at breaking point
    The Southern DHB is so cash-strapped it is failing to fill nursing rosters, Labour’s Associate Health spokesperson David Clark says.  “Every day emergency department nurses arrive at work knowing they are likely to be carrying more than their recommended workload. ...
    Labour | 12-08
  • ACC minister fails in mission to change culture
    The latest damning report by the Auditor General shows that the ACC Minister has failed to fulfil her mission to fix the sick culture at ACC and real change will not come till a new Government is elected, the Green...
    Greens | 12-08
  • Labour’s regional development fund to support Palmerston North
    Labour will consider a proposal to develop an inland port at Palmerston North, Labour Leader David Cunliffe says. “The Palmerston North community has developed plans for an inland port which will bring jobs and economic growth to a region which...
    Labour | 12-08
  • Green Party announces priorities for Christchurch
    The Green Party has today announced its plan for a fairer, smarter and more democratic Canterbury rebuild, with a focus on smart transport solutions, restoring local democracy, and keeping Christchurch's assets.The plan sits across all of the Green Party's priorities...
    Greens | 11-08
  • Rock-star economy unplugged by China log jam
    The collapse of log prices due to oversupply in China threatens to wash the gloss off what remains of National's so-called rock-star economy, says Labour Leader David Cunliffe. “Already this year the price of milk solids has plunged by more...
    Labour | 11-08
  • Young job seekers dealt a poor hand
    National's "keep 'em poor" card for young people on a benefit is a sorry substitute for job training, Labour’s Social Development spokesperson Sue Moroney says.  The Government today announced it would extend its payment card scheme to all teen parents...
    Labour | 11-08
  • Labour – achieving change for Kiwi women
    Working towards being a world leader in eliminating violence against women and children will be a priority for a Labour Government. Releasing Labour’s Women’s Affairs policy today spokesperson Carol Beaumont said while Labour had a proud track record of achieving...
    Labour | 11-08
  • Accessible healthcare also affordable
      It is obvious from Tony Ryall’s hasty attack of Labour’s plans to extend free GP visits to older people that he hasn’t bothered to actually read the policy, Labour’s Health spokesperson Annette King says. "Mr Ryall’s response to Labour’s...
    Labour | 11-08
  • TDB Political Diary for 2014 Election
    Here are the political events TDB will be covering this election. I will be live tweeting these events and  blog reviews will follow the next day. Internet MANA launch – August – Sunday 24th – 1pm, Western Springs School Green...
    The Daily Blog | 22-08
  • One man’s struggle to find a copy of Dirty Politics
    I’m typing this on top of Dirty Politics.  I got the last copy yesterday morning at the local branch of a chain bookshop.  I was really in to get the paper.  I know it sold out – everyone knows - but the first thing...
    The Daily Blog | 22-08
  • From Tucker to Key – while you were out
      From Tucker to Key – while you were out...
    The Daily Blog | 22-08
  • Amnesty International – Justice is not Blind in Ferguson
    When a US cop pulls a gun on an unarmed man, he could be acting upon a series of impulses that have been formed since before he or she could talk. What does that police officer see in front of...
    The Daily Blog | 22-08
  • Putting an end to zero-hour contracts in 2015
    All around the world attention is being drawn to what have been dubbed in the UK “zero-hour contracts”. These are contracts that don’t have any guaranteed hours even though the worker may be regularly employed. Unite Union has been struggling...
    The Daily Blog | 22-08
  • NZ’s Foreign Aid: The Party Policies Compared
    For the past two elections, I’ve cast my vote based on a single question, which party promises to give the most money in foreign aid? I grant that this is a fairly narrow and simplistic lens through which to judge...
    The Daily Blog | 22-08
  • Steering By The Real: Chris Trotter responds to Paul Buchanan
    WHEN ACADEMICS take to blogging the rest of us best be careful. And when they offer comment on the subject of dirty politics we should all pay attention. I will always remember my history lecturer, Dr Michael Cullen’s, confident dismissal...
    The Daily Blog | 22-08
  • Interview Between Selwyn Manning & Sean Plunket Over SIS Release of OIA...
    During a RadioLive interview between host Sean Plunket and managing director of Multimedia Investments Ltd, journalist Selwyn Manning, a fiery exchange developed after Plunket attempted to “wet flannel” the issue of whether the Prime Minister has been truthful over what...
    The Daily Blog | 22-08
  • “Even though my hours are being cut, my rent doesn’t get cut to compens...
    Fast Food = Slow Pay   Lola is a manager at a major fast food chain. Last year her employer arbitrarily cut her hours from 32 hours to anywhere between 18 and 26 hours each week. “I said I can’t...
    The Daily Blog | 21-08
  • Hate Politics has no place in NZ Politics
    I wasn’t going to write about Nicky Hagar’s ‘Dirty Politics’.  There are plenty of policy issues to discuss. Then I read the book, and what it reveals strikes at the very heart of our democracy. My overwhelming feeling is one...
    The Daily Blog | 21-08
  • Pak’nSave pull adverts from Whaleoil
    Pak n Save have replied to complaints that their adverts were appearing on hate speech site Whaleoil by deciding to block their adverts from appearing on the site. Their reply… Congratulations for Pak’NSave on making this type of ethical stand. They...
    The Daily Blog | 21-08
  • Herald Poll – Why the Greens will hit 15%
    The biggest problem for John Key is that there are swathes of National Party voters who are educated and decent people whom will be forced to read Dirty Politics out of intellectual curiosity and will be horrified by what National...
    The Daily Blog | 21-08
  • Coalition for Better Broadcasting – Dirty Politics and Dirty Media
    The Nicky Hager book is mind blowing on so many levels. The revelations of government ministers and their staff colluding with vile and hateful schemers to attack other people, is truly ugly. When the dust settles on the illegalities, immoralities...
    The Daily Blog | 21-08
  • “You just have to keep on fighting” – an interview with Metiria Turei
    We’re meeting in her office. It’s austere, though she does have a nice teapot. The view is startling. One can map the Bowen Triangle, though the teapot is still more interesting. A group of pink faced men are running across...
    The Daily Blog | 21-08
  • Taxation and Real Estate – turning housing debate on its head
    The debate about property prices in New Zealand is disingenuous. It is clear that there is a global process in which speculators are using massive amounts of unspent and borrowed money to blow bubbles in the world’s major asset markets....
    The Daily Blog | 21-08
  • GUEST BLOG: Michael Wood – Faith and politics
    In a week which has seen our collective focus shift to those who see politics as a great game to be manipulated for their own ends, it is timely to reflect on the fact that many people are in fact...
    The Daily Blog | 21-08
  • Government’s Own Guidelines Show John Key Would Have Been Informed Of SIS...
    Analysis by Selwyn Manning. INFORMATION THAT I HAVE ACQUIRED, sourced from the State Services Commission, states in black and white the tight guideline requirements that must be followed whenever the SIS informs a Prime Minister of any pending release of...
    The Daily Blog | 21-08
  • Simply Not Credible: Dr Tucker’s “clarifications” are only making thi...
    THAT DR WARREN TUCKER, Director of the Security Intelligence Service in 2011, agreed to the release of politically sensitive material – thereby intervening in an on-going contretemps between the leaders of the National and Labour parties – without receiving the...
    The Daily Blog | 21-08
  • The Donghua Liu Affair: Evidence of Collusion between the NZ Herald and Imm...
    . 1. Prologue . The Donghua Liu Affair hit  the headlines on 18 June, with allegations that David Cunliffe wrote a letter in 2003,  on  behalf of  business migrant, Donghua Liu. Four days later, on Sunday 22 June, the Herald...
    The Daily Blog | 21-08
  • Dear Canon NZ – Malevolence should induce revulsion, it shouldn’t be ce...
    Giovanni Tiso’s analysis on Slater is possibly the best in NZ… It’s been a good week for some of us. A week of feeling vindicated, offeeling galvanised. Where it goes from here will depend on several factors, some of which are largely...
    The Daily Blog | 20-08
  • 5AA Australia: After Dirty Politics Can National Provide Stable Government?
    AS WE ALL KNOW New Zealanders and Australians do not like political parties that are unstable, or can no longer assure us that they are able to provide stable government. And the big question for Kiwis as we prepare to...
    The Daily Blog | 20-08
  • SIS letter means it’s over for Key
    It’s over. I may not agree with all of Phil Goff’s positions, but you can’t question his integrity the way Slater did in Dirty Politics and not be deeply concerned that our Secret Intelligence Agency is being used for political...
    The Daily Blog | 20-08
  • who to vote for in Epsom
    who to vote for in Epsom...
    The Daily Blog | 20-08
  • The Rise and Fall of John Key – who will be the next leader of National P...
    . . It was all set to go: Teamkey would be the cult of personality that would do Stalin, Mao, Reagan, Thatcher, or any of the Nth Korean Kim Dynasty, proud.  National and it’s “Teamkey” propaganda strategy   would cash-in Big Time...
    The Daily Blog | 20-08
  • Who said Kiwis couldn’t get a fire in their bellies over an arcane intern...
    An amazing team of activists has taken the campaign on the Trans-Pacific Partnership Agreement (TPPA) to local governments throughout the country. Their latest triumph came last Monday when the Dunedin City Council endorsed a resolution expressing concern about the TPPA...
    The Daily Blog | 20-08
  • National’s Dangerous Education Agenda Exposed
    Putting aside the dirty politics coming out of the Beehive and the right-wing blogisphere, there are some very strong signals that another term of a National Government would do even more serious damage to the public education system. The Education...
    The Daily Blog | 20-08
  • We can have clean politics and get our democracy back.
    Something is rotten in our politics and it stinks. Dirty politics has sadly become one of the defining features of this election campaign. In the light of recent revelations about the extent of nasty and disingenuous political strategies, it would...
    The Daily Blog | 20-08
  • Book burning copies of Hager’s book? The next generation of National Part...
    It seems we are getting the next generation of National Party Dirty Politics now. There are claims the Young Nats in Hamilton are buying up copies of Dirty Politics and burning them. One witness was contacted by the Waikato Times...
    The Daily Blog | 20-08
  • National Party Poetry Day Haiku
    Key’s inbox and Cam’s poison most foul, there he blows hoist by own harpoon...
    The Daily Blog | 20-08
  • Why Cunliffe will be the next PM
    David Cunliffe will be the next Prime Minister of NZ. Labour’s inclusive and positive TV adverts… …are in stark contrast to National’s team of white people powering away from the rabble of the ‘others’… …the messaging is vital and crucial...
    The Daily Blog | 20-08
  • From smiling assassin to grumpy butcher – on giving Judith Collins a last...
    After #dirtypolitics Key isn’t the smiling assassin, he is the grumpy butcher. When he said Judith had  a ‘last chance’ he meant 1 second after voting closes on 20th September. Key would love nothing more than to cut Collins loose and end...
    The Daily Blog | 20-08
  • If the National Party rowing advert was real….
    If the National Party rowing advert was real there would be more blood in the water. If the National Party rowing advert was real it would be Cameron Slater calling the strokes. If the national Party rowing advert was real,...
    The Daily Blog | 20-08
  • Cameron Slater: Zionist and political pundit
    It is hard to know where to start with right-wing blogger Cameron Slater (Whale Oil), especially after the release of Nicky Hager’s book Dirty Politics. This confirmed everything many of us thought Slater to be: a snivelling pundit who serves...
    The Daily Blog | 19-08
  • Bryce Edwards stood down from Herald for election season??? Are the editors...
    I only found this out via twitter last night and I am still in shock. Bryce Edwards, easily the best critical thinker and news analyst the NZ Herald has has been stood down by the NZ Herald ‘for the election...
    The Daily Blog | 19-08
  • So who’s a “conspiracy theorist” now?!
    . . As the media storm over Nicky Hager’s book, “Dirty Politics“,  and allegations over smear campaigns continue to swirl,  National’s spin doctors have given Key, Collins, and other National Party ministers a string of  phrases to use in all...
    The Daily Blog | 19-08
  • Momentum shift
    When you are deeply immersed in a local campaign sometimes it can be difficult to see the helicopter view.   I don’t know how accurate the political polls are and have always known that things can change quickly in politics...
    The Daily Blog | 19-08
  • Dear Toby Manhire. Bad call on backing Farrar
    Oh dear. I say this as someone who regards Toby Manhire as one of the smartest journalists/commentators/columnists this country has, and I think Toby has made a terribly dumb call here. Let’s see if Toby is still singing Farrar’s praises...
    The Daily Blog | 19-08
  • Radio NZ apologise to me for getting it wrong
    Radio NZ have contacted me, reviewed the claim by their host that I had an advance copy of Nicky Hager’s book and they have concluded they got it wrong, they have called me and apologised and will make a statement...
    The Daily Blog | 19-08
  • GUEST BLOG: Reclaim UoA – Students’ Message to Steven Joyce
    Tertiary Education – we’ve been sold a lemon  A group of 30 students attended an event on Tuesday evening about ‘the future of tertiary education’ at which the Minister of Tertiary Education Steven Joyce was slated to speak. As Joyce...
    The Daily Blog | 19-08
  • Can someone in the media please ask the PM of NZ to categorically deny any ...
    Now we see the MO of Slater & Co, the setting up, the digging for dirt, the use of staff to dig that dirt, can the Prime Minister of NZ categorically deny any National Party staff worked with Cam Slater...
    The Daily Blog | 19-08
  • Panic setting in for National as they realise what’s about to happen
    And the terror starts to set in. I’ve never seen blind panic like this before  and it’s spreading as the enormity of what’s about to happen starts to sink in. Hager’s book is a mere entree, Nicky’s personal ethics wouldn’t...
    The Daily Blog | 19-08
  • Hager’s Dirty Politics: what the book ultimately reveals is abuse of powe...
    Guide to the many faces of John Key Nicky’s book is now doing what I suspected it would do, create a shockwave of revulsion. Andrew Geddis over at Pundit Blog sums up this attitude best, and it’s reverberations build with every...
    The Daily Blog | 18-08
  • Fancy taking children seriously
    Let’s see why all political parties should pay close attention to the Green Party’s policy for children. First, it is a comprehensive attempt to put children, not ideology, at the heart of family policy. Wow, children at the heart of...
    The Daily Blog | 18-08
  • Amnesty International: Dear Azerbaijan, Stop Torture, Love Kiwi Kids
    This is a world where many adults often underestimate Generation Y. Being only a few years out of being a teenager myself, I feel I can make this statement with certainty. However, I have been the Youth Intern at Amnesty...
    The Daily Blog | 18-08
  • GCSB meetings today in Christchurch 1pm at Uni 7pm at Cathedral
    The 2014 GCSB meetings to discuss the mass surveillance state legislation passed by this Government will be debated in Christchurch today at two different meetings. 1pm at Canterbury University bottom floor James Height Building: Chair: Bomber Bradbury Ruth Dyson – Labour Party...
    The Daily Blog | 18-08
  • Things that 7 Sharp should probably be talking about
    Things that 7 Sharp should probably be talking about...
    The Daily Blog | 18-08
  • Guide to when Key is lying
    Guide to when Key is lying...
    The Daily Blog | 18-08
  • GUEST BLOG: Kate Davis – The State of the Student Nation …or is just Al...
    Students politics are dead and our student media is in terminal decline. The most disappointing thing about university is the politics, or should I say lack of? I was raised with the idea that students held the power.They were the...
    The Daily Blog | 18-08
  • Love Lifts Us Up: Thoughts from the Green Party’s campaign launch.
    Author Eleanor Catton wants people to give their party vote to the Greens.Photo by Peter Meecham NO ONE WAS QUITE SURE how he did it. Somehow Bob Harvey had persuaded the owners of the rights to Joe Cocker’s Up Where...
    The Daily Blog | 18-08
  • Test Stream
    width="600" height="400"> archive="http://theora.org/cortado.jar [3]" width="600" height="401">...
    The Daily Blog | 18-08
  • Te Kuiti man imprisoned for images of young children
    A Te Kuiti man caught with pictures of children being sexually abused has been sentenced to ten months imprisonment. Sickness beneficiary Daniel James Parry, 35, appeared for sentence in the Tauranga District Court today (Friday) after pleading guilty...
    Scoop politics | 22-08
  • Japan Maritime Training Squadron visit – Open Day, Band
    • The Japan Maritime Self-Defence Force Training Squadron will make port in Auckland from Wednesday 3 September to Saturday 6 September...
    Scoop politics | 22-08
  • MP Perk Transparency Needed
    The Taxpayers’ Union is slamming the increase in taxpayer-funded entitlements for MPs and their families published on the legislation website this afternoon . Taxpayers’ Union Executive Director Jordan Williams says:...
    Scoop politics | 22-08
  • Debating the future of Auckland’s housing
    With only weeks until the General Election, Auckland’s mounting housing crisis will be put under the spotlight in an Election Debate hosted by the School of Architecture and Planning at the University of Auckland. The debate’s topic “Market forces...
    Scoop politics | 22-08
  • Let’s sort this out – Human Rights Commission
    A Whangarei woman allegedly censured for greeting customers with Kia ora can get in touch with the Human Rights Commission says Race Relations Commissioner Dame Susan Devoy. “We really need to resolve these kinds of issues. I had thought that...
    Scoop politics | 22-08
  • Aged Care Association welcomes Labour’s wages policy
    The New Zealand Aged Care Association welcomes the Labour Party’s announcement that if elected, it will raise the minimum wage for aged care workers within its first 100 days in Government....
    Scoop politics | 22-08
  • Honorary doctorate for Secretary-General of the UN
    An Honorary Doctor of Laws degree is to be bestowed on His Excellency Mr Ban Ki-moon, Secretary-General of the United Nations, by the University of Auckland on Wednesday 3 September, both in recognition of his role as an international statesman...
    Scoop politics | 22-08
  • Surveillance of Mr Upul Jayasuriya
    The New Zealand Bar Association joins the International Bar Association (IBA) and other Law Societies and Bar Associations worldwide over the reported surveillance of Mr Upul Jayasuriya, President of the Bar Association of Sri Lanka....
    Scoop politics | 22-08
  • Bob Parker, China State Media and Tibet Forum
    Former Christchurch mayor was signed up to position statement without his knowledge; observed “happiness” in Tibet as Tibetan protesters elsewhere shot by security forces...
    Scoop politics | 22-08
  • “Walk the talk to reduce the wage gap”
    There’s just a few weeks left to convince the candidates of all political parties that reducing the wage gaps makes good sense....
    Scoop politics | 22-08
  • Digital Currency on the Drawing Board
    Government policies and digital currency ideas and issues will come together at three public workshops next week....
    Scoop politics | 21-08
  • NZ Cycle Trail welcomes $8 million fund
    Government funding of $8 million to maintain and enhance the Great Rides of New Zealand will help ensure the trails are delivering the best possible visitor experience, says Evan Freshwater, Manager Nga Haerenga The New Zealand Cycle Trail Inc. (NZCT)....
    Scoop politics | 21-08
  • Judges Comments Bonkers – McVicar
    Napier Conservative Party Candidate Garth McVicar is accusing a Judge of forgetting that he is the gate-keeper for the community and not a benevolent caregiver for law breakers. "The comments by this Judge are not just alarming, they're completely...
    Scoop politics | 21-08
  • Oxfam: World must suspend arms sales to protect civilians
    As the New Zealand Government prepares to ratify the global Arms Trade Treaty, and after ceasefire talks collapsed and violence erupted yet again in Gaza yesterday, Oxfam is calling on all states to immediately suspend transfers of arms or ammunition...
    Scoop politics | 21-08
  • Degrees in Picking up Rubbish
    Responding to the Fairfax media report of a University of Otago survey of Wellington’s street-connected walkways, Taxpayers’ Union Executive Director Jordan Williams says:...
    Scoop politics | 21-08
  • Another Union row
    “ The teachers union the NZEA is getting ready for another industrial dispute. These disputes now only occur in the government sector. National has no one to blame but themselves” said ACT Leader Dr Jamie Whyte....
    Scoop politics | 21-08
  • Whyte: Speech to Grey Power
    National’s failure to increase the age for super and reform health is a threat to every New Zealander’s security....
    Scoop politics | 21-08
  • Local Govt should not go into business
    “No one should take any comfort from the fact that “Infracon”, a roading company in Tararua and Central Hawke's Bay, is to go into liquidation. This puts the future of more than 200 jobs in doubt. ACT sympathises with those...
    Scoop politics | 21-08
  • Join the hikoi to end child poverty in New Zealand
    CPAG is calling on people across society to join a march from Britomart to Aotea Square in Auckland to demand action on child poverty in Aotearoa....
    Scoop politics | 21-08
  • Ngapuhi Chair Says Enough of the Political Sideshow
    Time for side-shows to end so we can focus on future of our nation – Raniera (Sonny) Tau, Chairman, Te Runanga A Iwi O Ngapuhi...
    Scoop politics | 21-08
  • Commissioner of Police v Kim Dotcom And Ors
    An order is made extending the duration of the registration of the restraining orders issued by the United States District Court for the Eastern District of Virginia on 10 and 25 January 2012 and registered in New Zealand on 18...
    Scoop politics | 21-08
  • Labour Announcement on Future of Hillside Workshops Welcome
    Labour leader David Cunliffe’s announcement in Dunedin today that a government led by his party would re-open Hillside Railway workshops was welcomed by the Rail and Maritime Transport Union (RMTU). ‘Since the workshops were shut down in late...
    Scoop politics | 21-08
  • Primary teachers and principals vote to put kids first
    Teachers and principals have voted overwhelmingly against the Government’s controversial “Investing in Educational Success” policy, including proposed highly-paid principal and teacher roles....
    Scoop politics | 21-08
  • Prime Time with Sean Plunkett: Educating for Success
    In all the turmoil stirred up by the "Dirty Politics" revelations, the real issues that the campaign should be about have been put to one side....
    Scoop politics | 21-08
  • Dirty Politics – Number One Bestseller and Back in Stores
    An exposé of the hidden side of New Zealand politics, Nicky Hager's book, Dirty Politics , has been in hot demand since its release last Wednesday....
    Scoop politics | 21-08
  • Epsom: profiling NZ’s most controversial electorate
    Welcome to the wealthy inner Auckland electorate of Epsom: home of coat-tailing, the Tea Tapes, a convicted outgoing MP... and heavy newspaper and magazine readership....
    Scoop politics | 21-08
  • Families Free From Violence campaign and website
    We are pleased to announce the launch of our Families Free From Violence campaign and our new Families Free From Violence website. This website has been created to encourage people to take responsibility for ending family violence by seeking help...
    Scoop politics | 21-08
  • PSA And DHBs Reach Settlement on Five Collective Agreements
    The 20 District Health Boards are pleased to reach settlement via mediation on five Multi Employer Collective Agreements (MECAs) with the Public Service Association for 12,000 mental and public health nurses, allied, public health and technical staff,...
    Scoop politics | 20-08
  • Refusal to complete census results in 46 convictions
    Failing to fill out a census form has resulted in the convictions of 46 people, Statistics New Zealand said today....
    Scoop politics | 20-08
  • Council Amalgamations Still Bad Deal
    Northland, Bay of Plenty, and Wellington ratepayers should not be seduced into accepting the amalgamation of their Councils by a recent amendment to legislation allowing for local boards not community boards, Chris Leitch, Democrats for Social Credit...
    Scoop politics | 20-08
  • DHB industrial action withdrawn
    The Public Service Association (PSA) has withdrawn notices of industrial action covering 12,000 health workers at District Health Boards (DHBs) across New Zealand, after progress was made in mediation....
    Scoop politics | 20-08
  • Aged Care Pledge Needs Better Target, Says Care Agency
    Labour’s pledge to set up an aged care working group to address industry concerns is good to see, but appears to skirt the obvious issue of a looming lack of beds and carers for our rapidly growing elderly population, says...
    Scoop politics | 20-08
  • Social inequality still rife in New Zealand
    Social inequality has worsened over the past decade in New Zealand, a new study from Victoria University of Wellington shows....
    Scoop politics | 20-08
  • Working towards a living wage and more Māori in paid work
    The Māori Party will build on the gains it has already achieved in Government and accelerate job opportunities particularly for young Māori....
    Scoop politics | 20-08
  • Deepwater Group Supports Changes to Catch Limits
    The Deepwater Group says the increase in the Total Allowable Commercial Catch for hoki shows the benefits of a long term commitment to build biomass in this major New Zealand fishery....
    Scoop politics | 20-08
  • ACT announces Ohariu candidate Sean Fitzpatrick
    “Our Ohariu candidate will be Sean Fitzpatrick. Sean has strong ties to the region and I’m glad to hear he will be doing his best to grow ACT’s party vote in the area,” says Dr Whyte....
    Scoop politics | 20-08
  • ACT announces Tauranga candidate Stuart Pederson
    “Our Tauranga candidate will be Stuart Pedersen. Stuart has strong ties to Tauranga and I’m glad he has agreed to do his best to grow ACT’s party vote in the electorate,” says Dr Whyte....
    Scoop politics | 20-08
  • Green Party scores massive own goal
    Green Party scores massive own goal as their own policy auditor criticises their fiscal plan...
    Scoop politics | 20-08
  • Green Party’s own Auditor of their Budget finds it dodgy
    “The Alternative Budget released by the Green's does not even stack up in the eyes of their chosen auditor – Infometrics” said ACT Leader Dr Jamie Whyte....
    Scoop politics | 20-08
  • New shark finning laws fall short for threatened species
    Environmental groups are welcoming some aspects of a raft of law changes announced today in relation to shark finning, but say that overall the chance for New Zealand to catch up with international efforts in shark conservation is being missed....
    Scoop politics | 20-08
  • Promoting Labour’s Positive Policies
    General Secretary of the New Zealand Labour Party, Tim Barnett, today launched Labour’s television advertisements for the 2014 election. The advertisements help tell Labour’s positive story for a better New Zealand....
    Scoop politics | 20-08
  • Drug Court: Rare Insight into New Alternative Justice Model
    Māori Television’s latest New Zealand documentary presents a fascinating look inside a new alternative justice model – through the stories of convicted criminals....
    Scoop politics | 20-08
  • Political parties pledge to increase overseas aid
    A survey of political parties looking at how much New Zealand should spend on Official Development Assistance (ODA) shows the overwhelming majority of parties are committed to raising the bar according to the Council for International Development (CID)....
    Scoop politics | 20-08
  • Top Kiwis backing Tip the Scales campaign
    Sir Graham Henry, former All Black Kees Meeuws, singer-song writer Jamie McDell and fishing guru Matt Watson have pledged their support to Tip the Scales, a pre-election campaign generating public support for rebuilding New Zealand’s depleted inshore...
    Scoop politics | 20-08
  • Maritime Union continues to press over dirty politics
    Maritime Union National President Garry Parsloe says Ports of Auckland management is trying to get off the hook from its involvement with extreme right wing bloggers during the Ports of Auckland dispute....
    Scoop politics | 20-08
  • No end in sight to overwhelming human cost of conflict
    Two ceasefires have brought some respite to civilians in Gaza and southern Israel, amid hope that a durable cessation of hostilities might occur. In Gaza, these breaks in the fighting have barely given people enough time to seek medical care,...
    Scoop politics | 20-08
  • Young Kiwi speakers to represent NZ at Gallipoli 2015
    The RSA is delighted at the announcement made by Veterans' Affairs Minister Michael Woodhouse today, that all eight regional finalists of the 2015 ANZ RSA Cyril Bassett VC Speech Competition will be included in a group of 25 Youth Ambassadors...
    Scoop politics | 20-08
  • “Bromance” Marriage Stunt Insulting Says LegaliseLove
    A promotional competition asking two best mates to get married in order to win an all-expenses-paid trip to the 2015 Rugby World Cup is insulting, marriage equality campaign LegaliseLove Aotearoa claims....
    Scoop politics | 20-08
  • Cannabis Party first to register for 2014 General Election
    The Aotearoa Legalise Cannabis Party became the first party to register for the 2014 General Election today, when it meet with the Electoral Commission in Wellington at Midday....
    Scoop politics | 20-08
  • PGA: Addresses NZ’s ratification of Arms Trade Treaty
    President of Parliamentarians for Global Action and New Zealand MP Ross Robertson today addressed a celebration to mark New Zealand’s imminent ratification of the Arms Trade Treaty (ATT), which is expected within the next few weeks....
    Scoop politics | 20-08
Images of the election
Public service advertisements by The Standard

Current CO2 level in the atmosphere