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CTU: Why is the Reserve Bank happy with low wage growth?

Written By: - Date published: 9:45 am, June 13th, 2014 - 124 comments
Categories: Economy, wages - Tags:

ctu_logo“There seems little prospect for better wage growth if the Reserve Bank is to be believed”, says CTU Economist Bill Rosenberg. “It says the slow wage growth is because of more people wanting jobs, rapid immigration growth, and the high unemployment rate.”

“This is a circular argument. People are being forced into the job market because stagnant wages mean more people have to work for the needs of their households. At the same time harsher rules on social welfare benefits and the low level of those benefits force people into a job market where as the bank says, there is ‘elevated unemployment’. In these circumstances, immigration should not be used to undermine workers rightly asking for wage increases.” Rosenberg said.

“There is a high risk that growth peaks this year without most people seeing any sign of it in their pay packets.” Rosenberg said.

“The Reserve Bank’s rhetoric is not encouraging. It seems to see wages as just another price and it will rally against any significant rise in them.  There is no recognition of the needs of workers who depend on wages for their livelihoods, nor of their productivity, which has risen much faster than real wages since 2009. The implication is that if wages do rise faster the Reserve Bank will clamp down with higher interest rates.” Rosenberg said.

“At the same time the Reserve Bank acknowledges the longstanding problem with the overvalued exchange rate. It seems to think it is a mystery, and just sits on its hands. There are policies that could be used in New Zealand to help address it. A more competitive exchange rate would help high value exporters and reduce our reliance on commodity exports whose prices have peaked, while creating better jobs.” Rosenberg said.

“Meanwhile there is little sign of a pause in interest rate rises.” Rosenberg said.

124 comments on “CTU: Why is the Reserve Bank happy with low wage growth?”

  1. billy 1

    Considering that we are all users of imported goods if the value of the NZ$ is reduced then those goods will become more expensive. Those of us who are unfortunate enough to be on a benefit would see even less money to spend on basics to survive.

    • Naki man 1.1

      I agree billy filling the car with petrol is a big cost already do we really want to pay another 20 cents per litre of petrol and pay more for everything that is transported.

      • Draco T Bastard 1.1.1

        That would just be the market re-balancing. Surely you’re not advocating that the government interfere in the market?

        • aerobubble

          Lower oil prices and high house prices have made our economy weak and unable to adapt. Both will remain holding us back, while the financial industry has the ear of our government.

    • Tracey 1.2

      I’m confused. How is the current system working for you?

      • In Vino 1.2.1

        “Those of us on a benefit” … implies that billy might be on a benefit, but actually does not say so. I suspect he is not – he is just a right wing troll.

  2. geoff 2

    The reserve bank and Treasury is still chocka block full of moronic monetarists.

    They’re either there cynically to serve the rich and powerful or they are the gullible clueless who will
    live by their false gods till their dying breath.

    Anyone who hasn’t read this must do so:

  3. DH 3

    Most of what the RBNZ do seems to be circular argument, they appear trapped by the cause & effect loop of their own actions.

    What’s really needed is a concise and simple summary of how it all works that everyone can understand; something people can take with them when they vote.

    What I’ve been able to work out so far is this;

    The basic monetary principle of inflation is it occurs when there’s too much money. Money is a medium of exchange so for there to be inflation there must be more money than there are goods & services to be exchanged for it.

    Money is created by bank lending so when we get inflation it must mean the banks are lending too much. The theory is that growth in money should match growth in economic output; maintain the equilibrium between money supply and supply of goods & services.

    The RBNZ increase the OCR primarily to reduce bank lending. An increase in interest rates reduces the demand for borrowed money. That slows down the growth in money and lets economic output catch up, restoring the equilibrium. That’s the theory anyway.

    Where it all goes titsup is the RBNZ have never controlled inflation. They’ve just hidden it. They know they’ve hidden it and they have to keep up with their charade to stop the whole house of cards collapsing.

    How have they hidden it?

    They’ve hidden inflation behind an overvalued exchange rate. The shopping basket that makes up the CPI is made up of an increasingly larger percentage of imported goods and cheaper imports hold CPI inflation down. Lower inflation in the country of origin also keeps our inflation down. The price of imports is directly linked to our exchange rate.

    Our exchange rate is held high by our domestic interest rates being higher in comparison to other economies. The carry trade is a $trillion industry and the large international players make a buck by borrowing money from a low interest rate country like Japan and investing it in a high interest country like NZ. The ‘carry’ is the difference between the two interest rates. When the RBNZ raise the OCR it attracts more of the carry trade money & pushes the $NZD up. That subsequently brings inflation down via cheaper imports.

    The RBNZ can’t allow our currency to fall for any sustained period because that will reveal our true inflation. A sustained 15% fall in the $NZD would, over time, result in pretty much a corresponding 15% increase in consumer prices across the board. The RBNZ mandate is to keep inflation down so they’re forced by their own prior actions to keep the $NZD up.

    From what I can see they’re pretty well, er… fucked. It’s been a long time coming and they’re nearly out of options. They certainly can’t let wages go up, it would accelerate their fall.

    I’d be interested in hearing others perspectives on it….. it’s not easy putting all the pieces together.

    • billy 3.1

      How would the RBNZ influence the $NZ so it had a sustained 15% fall?

      • aerobubble 3.1.1

        Sit on its hands and wait for global oil prices to continue to trend upwards.

      • Draco T Bastard 3.1.2

        It’s more a that the RBNZ is working to prevent the 15% fall that the NZ$ should have.

        • srylands

          You may as well advocate an across the board pay cut for workers. You are relying on the economic ignorance of your cheer leaders to get away with such nonsense.

          • Draco T Bastard

            A reduction in the NZ$ would spur demand for NZ products overseas thus decreasing unemployment. The decreasing unemployment would drive wages up.

            What you’re really demanding is that the government keep the exchange rate high so that wages can be kept low due to the high unemployment that we have.

    • geoff 3.2

      So how do you see that process terminating, DH?

      • DH 3.2.1

        “So how do you see that process terminating, DH?”

        I really have no idea Geoff. My own interest was really only to gain an understanding of how it all worked so when I read about our economy in the ‘paper I’d have an informed platform to shape opinions from.

        My line of thinking at present is wondering if it’s all been deliberate or just incompetence and then who’s really responsible for it. The RBNZ are just bureaucrats doing what they’re instructed. They don’t have a mandate to help exporters so it’s unlikely they will do anything there no matter how much wishful thinking.

        From the social perspective the inflation in housing has been a gargantuan transfer of wealth from renter to property owner. The scale of it is mindblowing. There’s only about $270 billion in the entire money supply and the value of residential property alone has gone up by more than that in less than ten years.


        They say we’re poor savers and, well shit, property owners have collectively seen their personal wealth increase by over $200 billion in less than a decade! If that’s not good saving then what the hell is?

        Some people have become extremely wealthy out of property inflation and the question needs to be asked if that was intentional or not because the Govt always had the power to halt it. It’s inflation, house prices rise for the same reason all inflation occurs…. because there’s too much money.

        • Draco T Bastard

          Some people have become extremely wealthy out of property inflation and the question needs to be asked if that was intentional or not because the Govt always had the power to halt it.

          I figure it’s intentional so that the banks and other financiers can continue to get richer without actually doing anything. If the government wanted to do anything about it they would have stopped the private banks from creating money years ago and stopped them from sourcing foreign money.

        • geoff

          ok, when you said ” It’s been a long time coming and they’re nearly out of options.” I thought you had a picture of how it might all come to a head.

          Isn’t the inflation of housing one of those examples of how the concept of the ‘value’ of something can change rapidly? This is bubble economics, the outcome of economic herd behaviour. Is this something the central banks can respond to quickly enough to suppress the housing bubbles?

          After watching the film ‘Inside Job’ I became fairly convinced that it could have been stopped.

          I think the reason it didn’t is central banks, the US in particular, didn’t want to be the ones who pulled the plug on the perpetual motion machine. So not so much that it was a conspiracy (i think there were elements of that) but nobody wanted to be the person who ’caused’ the crash. So they let it just crash on its own.


          • DH

            “ok, when you said ” It’s been a long time coming and they’re nearly out of options.” I thought you had a picture of how it might all come to a head.”

            By ‘long time coming” I meant they’ve been hiding real inflation for nearly thirty years now and sometime soon we’re going to get inflation whether we like it or not because there’s a limit to how long they hold our currency high. We’ll run out of assets to sell, houses will simply get too expensive; all that overseas investment keeping the $NZD up there will one day have nowhere to park.

            Housing inflation could have been kept low if the RBNZ had been instructed by the Govt to include asset inflation in their inflation targets. It’s a deliberate omission, no question of that. Housing inflation is kept down by the same means any other inflation is kept down.

            I suspect one reason they left housing inflation to run rampant is political smoke & mirrors. The money spent on housing leads to economic growth. It has to, there’s more money being spent and that money will circulate in the wider economy. The housing inflation isn’t measured in the CPI so they can puff their chests out & brag about economic growth and ‘low’ inflation while leaving future Govts to clean up the mess they made. They don’t care, they’ll be retired on their taxpayer funded pensions & million dollar properties by the time their chickens come home to roost.

            • geoff

              We’ll run out of assets to sell, houses will simply get too expensive; all that overseas investment keeping the $NZD up there will one day have nowhere to park.

              So you do have a few thoughts on that. Cool. I think I mostly agree with you.

  4. Richard@Down South 4

    The NZD is artificially held at a high trading value because:

    • Interest rates are higher than many other countries…
    • No CGT on rentals, making 8+% PA (tax free)returns from rentals in Auckland etc, a very good looking investment
    • billy 4.1

      Richard, a CGT will only work when you sell the property. Unfortunately won’t the introduction of CGT mean that those lucky enough to own investment proprties be less inclined to sell in the future? Yet another problem for our housing supply issue!

      • One Anonymous Bloke 4.1.1

        No, Billy, taxation never deterred anyone from making a profit, not even when the top tax rate was over 70% in the USA, back when it was the land of opportunity.

        • billy

          No – instead of declaring profit & paying tax you hide it by increasing expenses etc.

          • One Anonymous Bloke

            Sure, spending it’s an option. Boosts the economy.

            PS: sorry, I see you mean falsify your tax return and nah, too much effort, too expensive to do properly, and too much personal risk.

        • Colonial Viper

          No, Billy, taxation never deterred anyone from making a profit, not even when the top tax rate was over 70% in the USA, back when it was the land of opportunity.

          Or at the 91% top tier income tax rate circa 1960

          • srylands

            You are simply wrong. High MTRs carry a significant economic cost. That is why they have been progressively lowered. The top rate in New Zealand will be 25% by 2023, because our future lies in Asia, countries that resile from high tax rates. There is no alternative.

            I suggest you read this Treasury paper prepared for the tax working group which clearly shows the relaionship between distortionary costs and MTRs.


            • One Anonymous Bloke

              Clearly estimated. By Professor John Creedy. Let’s play a game, shall we? You get to demonstrate Creedy’s credibility, using some real world evidence.

              Or go read Picketty to catch up. Your choice.

              • Phil

                Clearly estimated.

                What gave it away? The first word in the title? To paraphrase the late Bob Peck: “Clever Boy”

                Estimation is part and parcel of economics (and climatology, too). Why?
                Because, as much as economists and climatologists would like to, we can’t turn the world into a laboratory and adjust one isolated variable in a complex system. We have to work within the ‘noise’ and distill conclusions by whatever statistical means are available.

            • geoff

              Sure tax causes some ‘distortions’, but that contribution is negligible compared to the distortions that wealth inequality has caused.

              So, srylands in the larger, more relevant picture, you are simply wrong.

              Go and read Piketty.

            • Colonial Viper

              There is no alternative.

              Shitlands, you really are short of imagination and creativity, aren’t you.

              I’ll tell you what we have no alternative about – the loss of fossil fuels over the next 40 years.

              But keep playing your silly electronic numbers games.

      • aerobubble 4.1.2

        It aint a one horse race. There are a number of changes, that are found elsewhere so no worries about being cutting edge, on the cards for the next government to deal to housing.

        But mostly its about allowing Auckland to grow upwards, and outwards-upwards on its rail lines (i.e. goto sydney get on a train to parra).

    • Phil 4.2

      New Zealand’s interest rates have been comparatively higher than our trading partner’s for at least the last thirty years, if not longer. During that period our exchange rate has moved from lows of USD 39c to highs of 86c.

      The real drivers of our high exchange rate are high commodity prices and our compulsive need to (as a nation) borrow more than we earn. This has been the case since the 1960’s or 70’s.


      • Draco T Bastard 4.2.1

        The value of the NZ$ jumped yesterday on the announcement of the higher OCR. That said, the fact that we’re living beyond our means is what’s keeping interest rates high.

        Billy and Nakiman prove that the RWNJs want to keep it that way. One wonders why especially considering that the political-right has been saying for decades that we shouldn’t be living beyond our means.

      • DH 4.2.2

        “The real drivers of our high exchange rate are high commodity prices and our compulsive need to (as a nation) borrow more than we earn. ”

        I’m not sure you’ve got it right there. We don’t borrow more than we earn, well by definition any borrowing would be more than earning, but there’s no rash of bankruptcies or mortgagee sales and most borrowing is buying property assets for which people are servicing their mortgages.

        Overseas investment has also gone straight into asset inflation, the value of property in NZ has risen by over $400 billion in the last decade alone. People are borrowing more not because we’re profligate wastrels but because the things we buy with borrowed money keep going up in price.

        It’s a bit like people claiming the banks borrow from overseas because they need more funding. Banks don’t need more funding. They want it, and want is a very, very, different definition to need.

        • billy

          The reason banks need funding is because NZ’ers are poor savers but want everything now so have to borrow from the bank to pay for it!!

          • Colonial Viper

            Of course NZers are poor savers, with cost of living increasing month by month and wages low and static.

          • Tracey

            how much are you saving on the benefit billy?

            • billy

              Absolutely nothing but if the exchange rate is lowered then everything I have to buy will go up in cost & I will have even less to survive on!!

              • Tracey

                you realise where your thinking is heading?

                • Colonial Viper

                  goshdarnit buying trinkets on round the world trips and silly imported luxury toys will get more expensive

                  Absolutely nothing but if the exchange rate is lowered then everything I have to buy will go up in cost & I will have even less to survive on!!

                  Try buying NZ made

              • Draco T Bastard

                Well, in theory, only imported stuff would go up in price whereas the NZ made stuff would stay low and thus you’d buy NZ made boosting the economy. What will actually happen is that NZ producers will sell offshore at the higher price to maximise profits and thus continue the increasing deprivation that we’ve seen since we adopted the sociopathic free-market ideology.

                It is kinda amusing though seeing a RWNJ demand that the government keep prices low.

                • DH

                  “What will actually happen is that NZ producers will sell offshore at the higher price to maximise profits ”

                  Yeah, that’s why I figured we’d see an across the board price increase matching the drop in the $NZD. We pay international prices here for anything we export so most of the local content would go up by the same amount.

                  I really don’t think there’s any real argument a long term cut in the $NZD would cause pretty severe inflation. Short term cuts don’t have much of an impact because of hedging & import inertia, need the rate to stay low before inflation takes hold. The big fall we had in ’09 was just starting to show up in CPI figures when the $NZD went back up again.

        • Phil

          Gah! Brain fade!
          I meant to write “… spend more than we earn” which, of course, makes us net borrowers.

        • Sacha

          “Banks don’t need more funding”

          Quite right. Their main product is debt – and they have been extremely successful at creating more of it.

  5. john 5

    If we lower exchange rates, my petrol costs go up, my car costs go up, everything that is transported (i.e all my food) goes up, all imported goods go up, and of course interest rates then have to go up to counter all that inflation, so my mortgage goes up as well.

    Please remind me why I would be better off?

    • One Anonymous Bloke 5.1

      It isn’t about you.

      I’m not convinced that we have enough clout in the global market to significantly affect the exchange rate, nor do I know enough about macro-economics to figure out if that would be a good thing or not, but if it upsets someone with your track record of drivel, it can’t be all bad.

      • john 5.1.1

        You might be stupid enough to want to be poorer than you are now. Most people are not.

        • Colonial Viper

          You silly billy, this is what happens when you hollow out your own manufacturing and productive economy: you become dependent on foreign currency to buy foreign goods.

          And the more you go down this road, the more the majority of people are impoverished as good jobs disappear, and a few at the top (who you shill for) do very well indeed.

          • srylands

            Let’s bring back import licensing.

            • McFlock

              stronger immigration controls on neolib australians might be a better start…

            • Colonial Viper

              Why? The best step right now is to not sign the TPPA.

              Following on from that we need to make speculating on the NZD risky and unprofitable.

              Thirdly a buy NZ made campaign with teeth – including support for NZ manufacturers, designers and technology developers.

            • Draco T Bastard

              Why would we do that? Just allowing the forex to properly balance as per your preferred free-market ideology would do just fine.

          • john

            We’ve always been dependent on foreign currency to buy goods.

            Even for manufacturing, we need foreign currency to buy the raw products – steel, plastic and fuel.

            And if things were really as bad as you say, for the reasons you say, National wouldn’t be polling 50% and Labour wouldn’t be polling 30%.

            But then the real world always looks worse when you constantly look at it through your vortex of negativity.

            • Tracey

              half of the workforce takes home less than 30k per annum.

              You are being duped and you are spreading it.

              Do you understand how advertising and marketing works? Designed to trigger hot buttons, to make you think you want something when you dont need it. Sure they spend billions per annum, and not fruitlessly.

            • Draco T Bastard

              We’ve always been dependent on foreign currency to buy goods.

              No we haven’t. We’ve been told that we are but we could easily have made those goods here.

              Even for manufacturing, we need foreign currency to buy the raw products – steel, plastic and fuel.

              Nope, we have the raw resources here in NZ thus there’s no need to buy them.

              But then the real world always looks worse when you constantly look at it through your vortex of negativity.

              That’s just it, you’re not looking at it through the lens reality but through the lens of denial and delusion.

              • Tracey

                imported goods was never about altruism it was about profit taking. Steve tindall made millions. Yes he employed minimum wage kiwis and gave them a day off on their birthday but he also assisted the downfall and death of our apparel industry. He has a knighthood and a charity. That doesnt change his part in it.

              • john

                DTB says “Nope, we have the raw resources here in NZ thus there’s no need to buy them.”

                Aluminuim? Plastic? Steel? Copper? Rubber? Or dozens of other metals and mineral needed to manufacture modern products.

                Good luck with your car made from pine trees and wool.

                Perhaps you could make it wind powered.

                • Colonial Viper

                  What do you need cars for?

                  Hundreds of thousands of people in NZ already cannot afford a car. That number will steadily increase over the next 30 years until only the 1% will be able to afford cars: exactly like the situation in the 1900’s.

                  • Tracey

                    john doesnt know anyone in those circumstances so he is easy for the pm to mislead into thinking they dont exist

                • Draco T Bastard

                  Aluminuim? Plastic? Steel? Copper? Rubber? Or dozens of other metals and mineral needed to manufacture modern products.

                  Yep, all here.

                  Good luck with your car made from pine trees and wool.

                  I’d probably use hemp. Not that I’d use a car – horribly inefficient devices.

                  Also, apparently you can also get better cloth from hemp than cotton.

                  Perhaps you could make it wind powered.

                  Well, that, hydro and solar.

                  • john

                    Yeah right – we’ve got bauxite mines, copper mines, rubber plantations, and oil wells all over the place.

                    I’d get a more intelligent debate arguing with a brick.

                    • Colonial Viper

                      Go away john, you’re a shill for the 0.1% you don’t give a fuck about anyone else.

                    • john

                      Another brick.

                    • Colonial Viper

                      Don’t you think we’ve learnt from the last 30 years of your neoliberal bullshit? From 3 decades of Rogernomics, Ruthanasia, John Key banksterism?

                      Mate, answer me this – why the fuck haven’t YOU learnt? Why the fuck can’t you see that the neoliberal way doesn’t work for the 99%?

                      Is there a particular reason that you’ve decided to be a paid serf to the interests of the 0.1%?

                      The world is going to run out of affordable fossil fuels in 30 years or less. And here you are playing your part in business as usual ‘pretend and extend.’ You can’t be so brainless as to not see that we’re fast running out of road to kick the can down.

                    • john

                      CV says “Why the fuck can’t you see that the neoliberal way doesn’t work for the 99%?”

                      What a load of extreme nonsense. If that were true, National would be polling at 1%, instead of 50x higher than that

                      The vast majority of people have a vastly better living standard now than they did in the 70s.

                      What there is, after 30 years, is charity fatigue towards people who won’t bother contributing to society and believe everyone else should work so they don’t have to.

                    • Draco T Bastard

                      we’ve got bauxite mines, copper mines, rubber plantations, and oil wells all over the place.

                      Just because we don’t have the mines doesn’t mean that we don’t have the resource, i.e, there’s a 20 million tonne bauxite deposit in Northland.

                      What there is, after 30 years, is charity fatigue towards people who won’t bother contributing to society and believe everyone else should work so they don’t have to.

                      Probably, you’re problem is that you’re misidentifying them. The people who don’t contribute are the 1%, the rich – and we cannot afford them.

                    • Colonial Viper

                      The vast majority of people have a vastly better living standard now than they did in the 70s.

                      Another cheap, useless, materialistic measure.

                      Let me ask you a real one – what percentage of under 25 year olds have steady permanent jobs today, compared to the 1970’s?

                      How about this one: what percentage of 30-40 year olds own their own home today, compared to 30-40 year olds in the 1970’s?

                      Not that you give a fuck, but just asking. You see, the 1% whom you shill for are massively better off nowadays. No one is disputing that. Its everyone else who has been left behind, and particularly the bottom 50% of society.

                      Again, not that you give a fuck.

    • Tracey 5.2

      let me answering that by quoting a popular expert in these things

      ” … attempt to blame every problem and crisis on past governments has lost credibility… The bulk of..s so-called experience is in the dark arts of ducking for cover and shirking responsibility….

      New Zealand now has one of the world’s highest interest rates, something that is encouraging speculation in the dollar even while it puts enormous pressure on the manufacturing sector, exporters

      homeowners and exporters are now paying the price…

      “The high dollar and rising interest rates are not solely the products of a short term economic sea change.??”

      • john 5.2.1

        We’ve got one of the lowest mortgage rates in decades. Because it’s fractionally off the record lows, you say home owners are “now paying the price”. That’s funny.

        It wasn’t that long ago mortgage rates were 11%.

        • Tracey

          sorry john, are you saying we dont have one of the worlds highest interest rates? Are you saying that having one of the worlds highest interest rates isnt why the dollar is so high? If you are saying that, how do you explain the nzd jumping 1 cent against usd yesterday on the rbnz announcement?

          Its got to be good news if you holiday in hawaii dont you think.

          • john

            We have near record low interest rates, but they are higher than most other countries because out economy is performing better than most other countries (a GOOD thing).

            Our exchange rate is high because
            – our exports are massively up on a few years ago so people have to buy our dollar to purchase our goods ( a GOOD thing)
            – our economy is performing well so we are attracting overseas investment (a GOOD thing)
            – tourist numbers are up (a GOOD thing).

            It sounds like you want a lower exchange rate meaning the price of everything – that’s EVERYTHING – will go up.

            • Draco T Bastard

              Overseas investment is a) not needed and b) bad for the country as it results in even more of our wealth heading offshore.

              • john

                Foreign investment has massive benefits for NZ, and the economy would collapse without it. So would jobs.

                Even the Green Party stated n their policy that 25% of New Zealand jobs would not exist without foreign investment.

                And Labour Party policy “welcomes” foreign investment.

                • Colonial Viper

                  Foreign investment has massive benefits for foreigners. That’s why they invest here, silly billy, they aren’t charities you know, they’re in it for themselves and have no connection or loyalty to this land other than to empty it out asap.

                  • john

                    Colonial Viper – if you took out foreign investment you’d wipe out 25% of our jobs. Even the extreme Greens see that.

                    You’d have to be stupid in the extreme to wipe out over half a million jobs in NZ because a small amount of what’s produced goes overseas in profit.

                    You’d certainly kiss goodbye to benefits if you did that.

                    • Colonial Viper

                      Well of course, as usual you are wrong on all counts. Foreign companies suck out $15B per annum from the NZ economy into the pockets of foreign shareholders.

                      By keeping that money in NZ we could create 600,000 NZ jobs.

                      As usual, you are shilling for the 0.1%.

                    • john

                      Duh – if they suck out $15b in profit, then they CREATEe $150-$300b to get the profit. That also means the CREATE half a million jobs, CREATE billions in GST, CREATE billions in company tax, and CREATE billions in PAYE.

                      And you want to get rid of all that.

                      Your argument is idiotic – even extreme left parties like the Greens realise NZ would be stuffed without foreign investment.

                      You’d destroy the jobs of half a million Kiwis because you don’t like someone making a profit – the stupidity is mindblowing.

                    • Draco T Bastard

                      if you took out foreign investment you’d wipe out 25% of our jobs.

                      No we wouldn’t because the skills, the people and the market would still be there.

                      You’d have to be stupid in the extreme to wipe out over half a million jobs in NZ because a small amount of what’s produced goes overseas in profit.

                      10% or more of GDP isn’t a small amount.

                      Duh – if they suck out $15b in profit, then they CREATE

                      Foreign investment doesn’t create anything. In fact, capital ownership doesn’t create anything. Never has done that’s why, as the rich get richer we get poorer.

                • Draco T Bastard

                  Foreign investment has massive benefits for NZ, and the economy would collapse without it.

                  No it doesn’t and no it wouldn’t. Really, why do we need foreign money to utilise our own resources when we can do it with our own skills?

                  Even the Green Party stated n their policy that 25% of New Zealand jobs would not exist without foreign investment.

                  It seems that the Greens are getting as delusional as Labour and National then.

                  • john

                    Anyone who is left of Greens or right of ACT is best ignored for the way out extremists they are.

                    • Draco T Bastard

                      Left of the Greens is getting closer to reality. Right of the Greens is getting more delusional.

            • Tracey

              Who did you vote for in 2008 john?

              • john

                I’m a swing voter in the middle, so I vote for the direction I believe policies need to go – that could be left or right.

                If Labour came up with better ideas, I’d quite happily vote for them.

                But as a swing voter, I’ve voted for the winning side on five out of the last five elections.

                • Colonial Viper

                  Of course you’re in the political middle, just like Maggie was.

                • Tracey

                  In 2008 our interest rates were higher than most other countries because our economy is performing better than most other countries (ajohn key said this was a BAD thing ).

                  Our exchange rate was high because
                  – our exports are massively up on a few years ago so people have to buy our dollar to purchase our goods ( john key said this was a BAD a thing)
                  – our economy is performing well so we are attracting overseas investment
                  – tourist numbers are up .

                  So, was john key lying to get your vote then john, or is he lying now

                  Now, interest rates dropped because of gfc, not national policy, and they are still one of the highest in the world

                  • john

                    Tracey, you’ve just totally shot down your own argument in flames.

                    You’ve just made several contradictions to your own argument.

            • Tracey

              so, you agree we have one of the worlds highest interest rates?

              • john

                You’re so desperate to find something negative about the interest rates.

                Most countries who have lower rates than us, have those rates because their economies are much weaker than ours.

                You need to take off the blinkers and look at the whole picture.

                • Tracey

                  If you re read our whole exchange in this thread with an open mind, you will see who is wearing blinkers.

                  • Draco T Bastard

                    One Anonymous Bloke put it well:

                    I get tired of reading the same lame groundless bullshit from right wing gimps year after year after year, as though they operate as some kind of Borg, only with less imagination. A grey blancmange of grey blended parrots twittering grey blended dribble.

                • miravox

                  “Most countries who have lower rates than us, have those rates because their economies are much weaker than ours.”


                  What’s negative about it? They’re also countries with low wages and high inflation. According to you neolib types, thats a bad thing.

                  Your blinkers seem very effective John.

                  • miravox

                    edit: According to you neolib types, thats a bad thing – the high inflation bit that is. You seem quite happy to sell workers to the lowest bidder while ‘investors’ profit from chasing interest rates.

            • Tracey

              how important are those things to you?

        • Tracey

          do you understand the notion of affordability john? For example interest rates could be lower in 2014 than 2007 but living costs are higher, real wages static or fallen.

    • Draco T Bastard 5.3

      Goddamn it, another RWNJ demanding that the government keep prices low.

  6. Colonial Viper 6

    John describes very clearly the neoliberal trap that our country has been walked into. You decimate local production and expertise, making NZ a country of consumers, not producers. As a result you become reliant on foreign goods – everything from pens and lightbulbs to engines and machine parts.

    But to purchase foreign goods you need foreign money – so more than ever the country is subject to changes and manipulation in its foreign exchange rate.

    • Draco T Bastard 6.1


      And the selling off of the country to pay for the imports that we now need that we made ourselves before.

      • srylands 6.1.1

        We could have an import substitution policy, and raise tariffs? Or a “Buy Kiwi-made” campaign?

        • Colonial Viper

          What is this “WE” business Shitlands, you’re a foreigner shilling for the 0.1%, you’ve never lived or worked in NZ. Fuck off.

          • john

            The country would be a far better place if we swapped intelligent foreigners for abusive Kiwis.

            • Colonial Viper

              You disloyal little fuck, Kiwis are intelligent too.

              • john

                You just proved my point. I’d far rather have have working intelligent immigrants than lazy abusive Kiwis who think the rest of the hard working population owes them a living.

                • Tracey

                  wow john. Just wow

                  • john

                    Pretty easy choice – hard working people who contribute, or lazy abusive parasites.

                    • framu

                      lazy abusive parasites.

                      wow john – turn around your looking in the mirror


                      you dont know shit about those who comment here – i suggest you stop making claims that only prove what a colossal prat you are

                    • Tracey

                      speaking of parasites, how bout all those banks which were bailed out back in profit and paying big bonuses again.

                    • Colonial Viper

                      Tracey – the big banks never stopped paying out huge bonuses even at the height of the GFC when they were being given TRILLIONS in tax payers money. For instance as detailed in this Wall St Journal article written mid 2009.

                      As far as the big banks were concerned, getting bailed out by governments for free, was the culmination of a very successful business strategy and bank executives deserved to be rewarded for their “talent”.


              • Marksman33

                Srylands would be better off trying to defend the ignorant little fuckwit he has for a PM in his own country.What an embarrassing moron that man is.Australians should be ashamed of themselves.

            • Tracey

              Like Mr Liu?

          • rex

            Who moderates this site? Instead of having intelligent debate about some of the serious issues this country is facing.. is the best thing that some people can say is “fuck off”? So does that mean in general if somebody says something I don’t agree with I should just tell them to “fuck off”? I’ll tell my kids to try this strategy at school. You people need to grow up!!

            [lprent: Before you make a complete dork of yourself, perhaps you should read the policy. The debate is "robust" and we don't stand for "pointless abuse" which is definitely not the case here. The comment you are referring to was quite pointed and relates to previous comments by the person he was replying to that has formed the impression that they don't know much about NZ.

            So yes, you can. Politeness isn't required. You just have to explain why you are saying it. Otherwise you might find a moderator removing your ability to comment.

            While you are there I suggest that you also read the last section in the about, and the relevant sections in the policy about people who try to tell us how to run our site. We don't tolerate much of it, especially by first time commentators. ]

    • miravox 6.2

      +1. High wage countries with a strong manufacturing base undestand this.

  7. dimebag russell 7

    the RB is involved in class warfare. obviously if profitability goes up and wages go down then someone else is getting the money.

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    Greens | 08-10
  • Adding value not herbicides
    The HT swedes, and other brassicas, might seem like a good idea to farmers struggling against weeds but like the GE road, is this the path we want our agriculture to be treading? The Federated Farmers President, Dr William Rolleston...
    Greens | 07-10
  • ‘Blame the Planner’ bizarre approach to child poverty
    The National Government is stooping to a bizarre new low in blaming "planning processes" for poverty and inequality, after spending six years doing nothing about either the housing market or child poverty, the Green Party said today. Finance Minister Bill...
    Greens | 07-10
  • Media Advisory
    MANA Leader, Hone Harawira will not be available to speak with media today regarding his release “Recount Just One Step To restoring Credibility”. He is however available for media comment tomorrow, Tuesday the 8th of October, all media arrangements are...
    Mana | 07-10
    “I have applied for a judicial recount of the votes in the Tai Tokerau election because it is one step in trying to restore credibility to the electoral process in the north, and, I suspect, in all other Maori electorates...
    Mana | 07-10
    The MANA Movement is supporting Leader Hone Harawira’s application for a judicial re-count in the Te Tai Tokerau electorate for the 2014 general election. President Lisa McNab says there are a number of serious issues of concern regarding the ability...
    Mana | 07-10
  • MANA to fight mass privatisation of state housing
    Announcements over the past 12 hours from the Minister responsible for Housing New Zealand, Bill English, and Minister for Social Housing, Paula Bennett, make clear the government’s intention for the mass privatisation of state housing. This comes during the middle...
    Mana | 07-10
  • Journalists have right to protect sources
    Legal authorities must respect the right of journalist Nicky Hager to protect the source of his material for his Dirty Politics book under Section 68 of the Evidence Act, Acting Labour Leader David Parker says. “It is crucial in an...
    Labour | 06-10
  • It shouldn’t take the Army to house the homeless
    National’s move to speed up its state house sell-off shows it is bankrupt of new ideas, says Labour’s Housing spokesperson Phil Twyford. “National has been in office for six years, yet the housing crisis has got worse every month and...
    Labour | 06-10
  • Government must lift social housing supply, not shuffle the deck chairs
    National's decision to shift the state provision of housing to third parties is a smokescreen for the Government decreasing the provision of affordable housing, the Green Party said today."What National should be doing is increasing the supply of both social...
    Greens | 06-10
  • Election 2014 – the final count
    While we have to wait for the final booth level counts we can now see how well we did in the specials and look at electorate level data. First off special votes (and disallowed/recounted votes etc). There was a change...
    Greens | 06-10
  • We need more houses, not Ministers
    The Government’s decision to have three housing Ministers will create a dog’s breakfast of the portfolio and doesn’t bode well for fixing the country’s housing crisis, Labour’s Housing spokesperson Phil Twyford says. “New Zealanders need more houses, not more Ministers....
    Labour | 05-10
  • Review: Perfect Place
    I went to a Perfect Place on Tuesday night, and what a delight it was. The marshmallows sweetly (and forcefully) handed out pre-show, set the tone for the next hour. Walking up the stairs at The Basement was a complete...
    The Daily Blog | 23-10
  • 5AA Australia – NZ on UN Security Council + Dirty Politics Lingers On
    5AA Australia: Selwyn Manning and Peter Godfrey deliver their weekly bulletin Across The Ditch. General round up of over night talkback issues: Thongs, Jandals and flip-flops… ISSUE 1: New Zealand has been successful in its campaign to become a non...
    The Daily Blog | 22-10
  • When I mean me, I mean my office & when I call whaleoil I mean not as m...
    This. Is. Ludicrous. Green Party co-leader Russel Norman put the first of what are likely to be many questions about Mr Key’s relationship with Slater, asking him how many times he had phoned or texted the blogger since 2008. “None...
    The Daily Blog | 22-10
  • A brief word on describing the Government as ‘boring and bland’
    The narrative being sown is that this Government will be a boring and bland third term. Boring and bland. Since the election, Key has announced he is privatising 30% of state houses without reinvesting any of that money back into housing society’s most...
    The Daily Blog | 22-10
  • More Latté Than Lager: Reflections on Grant Robertson’s Campaign Launch.
    BIKERS? SERIOUSLY! Had Grant Robertson’s campaign launch been organised by Phil Goff? Was this a pitch for the votes of what few Waitakere Men remain in the Labour Party? Was I even at the right place? Well, yes, I was....
    The Daily Blog | 22-10
  • About Curwen Ares Rolinson
    Curwen Ares Rolinson – Curwen Ares Rolinson is a firebrand young nationalist presently engaged in acts of political resistance deep behind enemy lines amidst the leafy boughs of Epsom. He is affiliated with the New Zealand First Party; although his...
    The Daily Blog | 21-10
  • About Kelly Ellis
    Kelly Ellis.Kelly Ellis – As a child, Kelly Ellis didn’t so much fall into the cracks, but willfully wriggled her way into them. Ejected from Onslow College – a big job in the 70s – Kelly worked in car factories,...
    The Daily Blog | 21-10
  • About Kate Davis
    Kate Davis.Kate Davis – Having completed her BA in English and Politics, Kate is now starting her MA. Kate works as a volunteer advocate at Auckland Action Against Poverty and previously worked for the New Zealand Prostitutes Collective. Kate writes...
    The Daily Blog | 21-10
  • Parker does a Shearer – oh for a Labour Leader who can challenge msm fals...
    Sigh. It seems David Parker has done a Shearer… Like a cult and too red – Parker on LabourLabour leadership contender David Parker says Labour borders on feeling like “a cult” and must look at its branding – including its...
    The Daily Blog | 21-10
  • A brief word on the hundreds of millions NZ is spending on the secret intel...
    The enormity of the mass surveillance state NZ Government’s have built carries a huge price tag… Kiwis pay $103m ‘membership fee’ for spyingThe $103 million taxpayer funding of New Zealand’s intelligence agencies is effectively a membership fee for joining the...
    The Daily Blog | 21-10
  • Where. Is. Jason. Ede?
    Where. Is. Jason. Ede?...
    The Daily Blog | 21-10
  • Labour’s Din of Inequity
    Watching Labour’s leadership candidates on Q+A on Sunday, I noticed the ongoing use of terms like “opportunity” and “aspiration”, and “party of the workers”. What do these mean? We glean much from Labour, and from the media about Labour, but not...
    The Daily Blog | 21-10
  • “Blue-Greenwash” fails the test when it comes to endangered dolphins
    National’s pre-election promises saw some wins for the environment – perhaps as the party sought to appease its “Blue-Green” voters and broaden its popular appeal. Some of the ecological gains were a long time in the making, overdue even– such...
    The Daily Blog | 21-10
  • Reasons not to be cheerful, Part #272b
    Why don’t you get back into bed? The next few years — the rest of this century — are not going to be pretty. There is an obvious disconnect between any remaining political ambition to fix climate change and the...
    The Daily Blog | 21-10
  • OIA protocols and official advice ignored to hide Child Poverty
    It might not seem so now, but child poverty was a major election issue. What a pity we did not have the full debate. In that debate it would have been very helpful to have seen the Ministry of Social...
    The Daily Blog | 20-10
  • Previewing the 4 candidates for Leader of the Labour Party
    The extraordinary outbursts by Shearer last week highlights just how toxic that Caucus is. Shearer was on every major media platform as the ABC attack dog tearing into Cunliffe in the hope of diminishing Cunliffe’s support of Little by tearing...
    The Daily Blog | 19-10
  • GUEST BLOG: Kate Davis – the sudden explosion of ‘left’ blogs
    Time to Teach or more people will suffer from P.A.I.D. Political And Intellectual Dysmorphia.I was on the Twitter and a guy followed me so of course I did the polite thing and followed him back. He wrote a blog so...
    The Daily Blog | 19-10
  • Ego vs Eco
    Ego vs Eco...
    The Daily Blog | 19-10
  • We can’t let the Roastbuster case slip away
    Those of us (like me) left with hope that the police would aggressively follow through on the large amount of evidence on offer to them (let’s not forget they forgot they even had some at one point) in the Roastbusters...
    The Daily Blog | 19-10
  • Food, shelter and medicine instead of bombs and bullets
    The on-going conflict across the Middle East – due in large part to the US-led invasions of Afghanistan and Iraq – has created another humanitarian crisis of biblical proportion. The essentials of life are desperately needed in Iraq and Syria...
    The Daily Blog | 19-10
  • The politics of electorate accommodations
    National’s electorate accommodations with ACT and United Future were a big factor in it winning re-election. Interestingly, there is another electorate accommodation scenario whereby the centre-left could have come out on top, even with the same distribution of party votes....
    The Daily Blog | 19-10
  • Why you should join the TPPA Action on 8 November
    On 8 November 2014, thousands of Kiwis will take part in the International Day of Action to protest the Trans-Pacific Partnership Agreement (TPPA). The rally cry for us is TPPA – Corporate Trap, Kiwis Fight Back. Why should you join...
    The Daily Blog | 19-10
  • GUEST BLOG – Patrick O’Dea: no new coal mines
    Green Party and Mana Party policy is “NO NEW COAL MINES!” Auckland Coal Action is trying to put this policy into action on the ground. ACA after a hard fought two year campaign waged alongside local residents and Iwi, in...
    The Daily Blog | 19-10
  • Comparing Police action – Hager raid vs Roast Buster case
    This satire had the NZ Police contact TDB and threaten us with 6months in prison for using their logo.   The plight of Nicky Hager and the draconian Police actions against him has generated over  $53 000 in donations so...
    The Daily Blog | 18-10
  • Malala Yousafzai, White Saviour Complexes and Local Resistance
    Last week, Malala Yousafzai was the co-recipient of the Nobel Peace Prize. Since her exposure to the worldwide spotlight, her spirit, wisdom and strength have touched the hearts of people everywhere. However, there have been cynics who have argued that...
    The Daily Blog | 18-10
  • Jason Ede is back – but no media can interview him?
    Well, well, well. Jason Ede, the main figure connected to John Key’s office and the Dirty Politics black ops is back with a company with deep ties to the National Party. One thing you can say about the right –...
    The Daily Blog | 18-10
  • GUEST BLOG: Curwen Rolinson – Leadership Transitions In Other Parties: A ...
    As cannot have escaped anyone’s attention by now, the country is presently in the grips of an election and campaign that will help determine the fate of the nation for years to come. It’s gripping stuff – with clear divides...
    The Daily Blog | 17-10
  • SkyCity worker says she faces losing her house
    SkyCity worker Carolyn Alpine told the company annual shareholder’s meeting today that she faced the prospect of losing her house because the company had cut her shifts from two a week to one without consultation. The solo mother, has worked...
    The Daily Blog | 17-10
  • Greg O’Connor’s latest push to arm cops & 5 reasons not to
    I was wondering at what point within a 3rd term of National that Police Cheerleader Greg O’Connor would start trying to demand cops be armed. O’Connor must have thought to himself, ‘if bloody Key can get us and the GCSB vast new...
    The Daily Blog | 16-10
  • You can’t have crisis without ISIS
    So the new scary bogeyman ISIS might have chemical weapons that the US secretly found in Iraq, but America didn’t want to expose this find because the WMDs were actually built and made by the US and Europe, the two powers...
    The Daily Blog | 16-10
  • NZ WINS UN SPIN THE BOTTLE! Privately sucking up to America for a decade me...
    Oh, we are loved! Little old NZ, the 53rd state of America after Israel and Australia, gets to sit at the adults table for the special dinner party that is the UN Security Council. How delightful, a decade of privately...
    The Daily Blog | 16-10
  • MEDIA BLOG – Myles Thomas – A World Without Advertising
    Non-commercial broadcasting and media. It’s a solution for all manner of problems ailing our tender nation… voter engagement, unaccountable governance, apathy, stupefaction, public education, science in schools, arts appreciation, cultural cringe… But no-one could’ve guessed that non-commercial media might solve...
    The Daily Blog | 16-10
  • March against war – 2pm Saturday 25th October
    March against war – 2pm Saturday 25th October...
    The Daily Blog | 16-10
  • Whack a mole as US govt foreign policy
    Whack-A-Mole was a popular arcade game from my youth.  It consisted of a waist high cabinet with holes in the top. Plastic moles seemingly randomly pop out of these holes. The purpose of the game was to hit as many...
    The Daily Blog | 16-10
  • In Paean of Debt
    This week is ‘Money Week’. It’s an opportunity to promote to the middle classes, and anyone else who will listen, the virtues of wise ‘investment’. The aims are to promote the mystical (and indeed mythical) virtues of saving for the...
    The Daily Blog | 16-10
  • The last 48 hours – Poverty denial, war denial and unapologetic abuse of ...
    The bewildering speed of events that simply end in Key shrugging and proclaiming he doesn’t really give a shit is coming think and fast as the Government suddenly appreciate the full spectrum dominance they now enjoy. Here is Radio NZ...
    The Daily Blog | 16-10
  • GUEST BLOG: Pat O’Dea – Mana 2.0 Rebooted
    Internationally the news is that Evo Morales of Bolivia won big with Left Wing policies But what are the chances that the Left will make a resurgence in this country? As the internecine struggles between the Left and the Right...
    The Daily Blog | 15-10
  • The Blomfield IPCA letter – Has Dirty Politics leaked into the NZ Police ...
    It’s difficult to know what to make of the IPCA letter to Matthew Blomfield over Slater’s continued insistence that the hard drive taken from Matthew wasn’t stolen.  Slater has selectively cherry picked the Police referring back to his claim that Blomfeild perjured...
    The Daily Blog | 15-10
  • ​Media release: Rail and Maritime Transport Union – Auckland move for K...
    The Rail and Maritime Transport Union is questioning a KiwiRail proposal to progressively relocate its Zero Harm personnel from Wellington to Auckland. “The purpose of the Zero Harm team is to drive KiwiRail’s performance in health and safety.  Rail is a...
    The Daily Blog | 15-10
  • Amnesty International – Friend request from an IS militant
    There’s always that one person, that one Facebook friend, usually a musician or event promoter, who, when you so foolishly accept their friend request, will completely inundate your news feed with copious event invitations and promotions. The person who, despite...
    The Daily Blog | 15-10
  • NZ should follow the UK and recognize the Palestinian state
    Over the past two weeks, the United Kingdom and Sweden have made headlines through their decisions to recognize the state of Palestine. They are hardly the first nations to do so. Indeed, 134 countries have, in various ways, given formal...
    The Daily Blog | 15-10
  • The Discordant Chimes of Freedom: Why Labour has yet to be forgiven.
    WHY DOES THE ELECTORATE routinely punish Labour and the Greens for their alleged “political correctness” but not National? It just doesn’t seem fair. Consider, for example, the Crimes (Substituted Section 59) Amendment Act 2007 – the so-called “anti-smacking legislation” –...
    The Daily Blog | 15-10
  • Hosking or Henry – Which right wing crypto fascist clown do you want to w...
    So Mediaworks are finally going to make some actual money from their eye watering contract with Paul Henry by launching a new multi-platform Breakfast show over TV, Radio and internet. This is great news for Campbell Live who have dodged...
    The Daily Blog | 14-10
  • Families need more money to reduce child poverty
    Prime Minister John Key is mistaken to rule out extending the In Work Tax Credit to all poor children (The Nation 11th Oct) and Child Poverty Action Group challenges government advisors to come up with a more cost effective way...
    The Daily Blog | 14-10
  • GUEST BLOG: Kelly Ellis – Don’t shit on my dream
    Once were dreamers. A large man, walks down the road and, even from 200 yards there’s light showing between his big arms and bigger body. It’s as if he’s put tennis balls under his arms. Two parking wardens walk out...
    The Daily Blog | 14-10
  • Labour and ‘special interests’
    The media narrative of Labour is that it is unpopular because it’s controlled by ‘special interests’. This ‘special interests’ garbage is code for gays, Maoris, wimin and unionists. We should show that argument the contempt it deserves. The next Labour...
    The Daily Blog | 14-10
  • Housing; broken promises, families in cars, and ideological idiocy (Part Ru...
    . . Continued from: Housing; broken promises, families in cars, and ideological idiocy (Part Tahi) . National’s housing development project: ‘Gateway’ to confusion . Perhaps nothing better illustrates National’s lack of a coherent housing programme than the ‘circus’ that is...
    The Daily Blog | 14-10
  • Here’s what WINZ are patronisingly saying to people on welfare when they ...
    Yesterday, a case manager from WINZ called to tell me that I needed to “imagine what I would do if I did not have welfare”. I replied “Well, I guess if I couldn’t live at home, I would be homeless.”...
    The Daily Blog | 14-10
  • David Shearer’s ‘no feminist chicks’ mentality highlights all that is...
    Mr Nasty pays a visit Shearer’s extraordinary outburst last night on NZs favourite redneck TV, The Paul Henry Show, is a reminder of all that is wrong within the Labour Caucus right now… He said the current calls for a female or...
    The Daily Blog | 13-10
  • Greenpeace 1 – Shell 0
    Greenpeace 1 – Shell 0...
    The Daily Blog | 13-10
  • Unanimously Call for Commissioner to Arm Police Full Time
    In the wake of a series of recent armed offender incidents, delegates to the Police Association Annual Conference today called unanimously on the Commissioner to arm Police full time....
    Scoop politics | 23-10
  • Bank gets behind NZ wildlife icon with sizable donation
    It will be easier than ever this summer for holiday-markers to dip into their pockets to support the yellow-eyed penguin....
    Scoop politics | 23-10
  • WorkSafe report raises concerns about asbestos
    The union representing construction workers in the Canterbury rebuild is surprised at WorkSafe’s conclusion that no action needs to be taken against EQC and Fletcher EQR over asbestos exposure in Canterbury homes. “This report was an opportunity...
    Scoop politics | 23-10
  • Union accuses SkyCity CEO of misleading public
    Unite Union has accused SkyCity CEO Nigel Morrison of misleading the public over the cut in hours for a staff member who raised the issue at the company's AGM....
    Scoop politics | 23-10
  • Last Hurrah on the Taxpayer
    Responding to the NZ Herald report that Hone Harawira spent up $54,000 on the taxpayer in his last three months as an MP, Taxpayers’ Union Executive Director Jordan Williams says: “It is absolutely disgraceful that an MP managed to rack...
    Scoop politics | 23-10
  • Press statement in relation to search of Nicky Hager’s home
    On 2 October 2014, Nicky Hager's home in Wellington was searched by police. Mr Hager asserted that documents kept at his house were protected by privilege, including because they contained information that might identify confidential sources....
    Scoop politics | 22-10
  • The Sam Simon arrives into Auckland for new campaign
    This morning Sea Shepherd ship, the Sam Simon, arrived into Auckland harbour after its journey from Melbourne. The ship and its 25 crew from around the globe have come to New Zealand to source supplies and prepare for the upcoming...
    Scoop politics | 22-10
  • Low inflation – time for meaningful wage increases
    With inflation low, now is a good time for workers to negotiate for pay increases that outstrip price rises and deliver real increases in wages and salaries. “For too many people, real pay increases have been missing for several years...
    Scoop politics | 22-10
  • Auckland Rates Rises Out of Control
    Responding to the NZ Herald report that Auckland ratepayers will face an average of a 29 percent rates increase, Taxpayers’ Union Executive Director Jordan Williams says: “These rate rises show that Len Brown's spending is out of control.”...
    Scoop politics | 22-10
  • Protest at New Plymouth Oil and Gas Expo
    About 30 protesters from Climate Justice Taranaki, Frack-free Kapiti, Te Uru Pounamu Action Group, Oil Free Wellington, Frack-free Manawatu and the east coast protested yesterday outside New Plymouth's biennial Oil and Gas Expo at the TSB Stadium....
    Scoop politics | 22-10
  • FMA warns consumers about cold-calling investment offers
    The Financial Markets Authority (FMA) is warning New Zealand consumers and investors to be wary of cold-calls asking them to buy shares or put their money into offshore firms....
    Scoop politics | 22-10
  • Comprehensive plan needed to end child poverty
    Child Poverty Action Group says it is vital the newly re-elected National government takes a planned and comprehensive approach to reducing child poverty in New Zealand....
    Scoop politics | 22-10
  • Metiria Gets Feed the Kids
    Yesterday the Speaker of the House advised that he had accepted my request to transfer my Feed the Kids (Education (Breakfast and Lunch Programmes in Schools) Amendment) Bill to Metiria Turei of the Green Party....
    Scoop politics | 22-10
  • DIA undercover investigation leads to jailing
    An undercover Internal Affairs investigation has led to a Hastings man being jailed for three and half years....
    Scoop politics | 22-10
  • Call on Minister McCully to pursue the case of Balibo Five
    Media Information: Call on Minister McCully to pursue the case of journalist Gary Cunningham and the Balibo Five...
    Scoop politics | 22-10
  • Australia and NZ actions on press freedoms alarming
    Global support for investigative journalism in Australia and New Zealand is a welcome response to law changes and a police raid, says the Pacific Freedom Forum...
    Scoop politics | 22-10
  • Call for release of French journalists in West Papua
    West Papua Action Auckland, the EPMU Print and Media Council and the NZ Media Freedom Network call on the Minister of Foreign Affairs to speak out in support of the two French TV journalists whose trial has just begun in...
    Scoop politics | 21-10
  • Court of Appeal: Dotcom v 20th Century Fox Film Corporation
    A The appeal is dismissed. B The 20 August 2014 order of the High Court dealing with confidentiality and the 29 August 2014 order of this Court dealing with confidentiality are set aside. C The confidentiality orders set out in...
    Scoop politics | 21-10
  • Glassons Blasted For Glamourising Animal Cruelty
    Clothing brand Glassons have found themselves embroiled in another controversy after launching a new advert featuring a girl riding a bull. Animal advocacy organisation SAFE have asked them to remove the ad immediately as it glamourises animal cruelty....
    Scoop politics | 21-10
  • Smuggling honey into New Zealand isn’t sweet
    Smuggling honey into New Zealand isn’t sweet Federated Farmers Bee Industry Group applauds the tough line taken by Ministry for Primary Industries (MPI) Border Staff at Auckland Airport. In deporting the couple found trying to smuggle bee products...
    Scoop politics | 21-10
  • Taxpayers’ Union Responds to Joyce on Corporate Welfare
    Responding to Economic Development Minister Steven Joyce’s defence of corporate welfare , Jim Rose, the author of Monopoly Money , a Taxpayers Union report on corporate welfare since 2008, says:...
    Scoop politics | 21-10
  • Speech from the Throne brings welcome focus on children
    Today’s speech from the Throne confirms the Government’s focus on children, youth and their families in the areas of health, education, youth employment, poverty alleviation and Whānau Ora; now the challenge is to ensure every child in New Zealand...
    Scoop politics | 21-10
  • John’s Job Fairs no fix for unemployment and poverty
    “John Key has clearly been looking to the US for his latest bright idea on dealing with employment issues,” says Auckland Action Against Poverty coordinator Sue Bradford. “Job fairs where the desperately unemployed queue in their corporate best to compete...
    Scoop politics | 21-10
  • Speech From the Throne Foreshadows More Corporate Welfare
    Responding to the Governor General’s Speech from the Throne, which outlined that the Government’s intentions for the next Parliamentary term would include further Business Growth Agenda initiatives, Taxpayers’ Union Executive Director Jordan...
    Scoop politics | 21-10
  • Green MP to speak at panel on Rainbow Mental Health
    Hamilton, New Zealand: Recently re-elected Green Party MP Jan Logie will be a guest speaker at a panel on the mental health of Gay, Lesbian, Bisexual, Trangender, Takataapui and Intersex people taking place on November 1st as part of the...
    Scoop politics | 20-10
  • Evidence Supports GE Moratorium
    Federated Farmers spokesman Graham Smith's call for a 'rethink' on release of GeneticallyEngineered organisms is misguided, and instead it is time for a formal moratorium on GMOs in the environment.(1)...
    Scoop politics | 20-10
  • Chatham Rise mining could have impact on whales and dolphins
    Wellington, 21 October 2014--Mining phosphate on the Chatham Rise, off the east coast of New Zealand’s south island, could potentially have many impacts on marine mammals like whales and dolphins, the Environmental Protection Agency was told today....
    Scoop politics | 20-10
  • Council endorses Nanaia Mahuta as the next Labour leader
    Te Kaunihera Māori, the Māori Council of the New Zealand Labour Party, have passed a resolution to endorse the Hon Nanaia Mahuta as the next leader of the Labour Party...
    Scoop politics | 20-10
  • Kaumatua to organise petition to end Maori seats
    Ngapuhi kaumatua David Rankin has announced that he will be organising a nationwide petition to seek support from Maori voters to end the Maori seats. “These seats are patronising”, he says. “They imply we need a special status, and that...
    Scoop politics | 20-10
  • Announcing a New Voice for The Left
    Josh Forman is pleased to announce the creation of a new force on the Left of politics in New Zealand....
    Scoop politics | 20-10
  • Public services held back by poor workplace culture
    A new report by Victoria University’s Centre for Labour, Employment and Work shows that public servants are working significant unpaid overtime to ensure the public services New Zealanders value are able to continue....
    Scoop politics | 20-10
  • iPredict New Zealand Weekly Economic & Political Update
    Andrew Little’s probability of being the next leader of the Labour Party has reached 70% and Jacinda Ardern is favourite to become his deputy, according to the combined wisdom of the 8000+ registered traders on New Zealand’s predictions market, iPredict....
    Scoop politics | 20-10
  • Prison Drug Treatment Unit marks a milestone
    Christchurch Men’s Prison’s Drug Treatment Unit (DTU) celebrated the completion of its 50th six month Drug and Alcohol Programme today, with the graduation of a further twelve offenders....
    Scoop politics | 20-10
  • Security Council seat a chance for NZ to empower women
    The UN Women National Committee Aotearoa New Zealand (UN Women NCANZ) welcomes New Zealand winning a seat on the United Nations Security Council and is calling on New Zealand to use its position to proactively promote effective implementation of the...
    Scoop politics | 20-10
  • Waipareira and ACC sign Partnership
    Waipareira and The Accident Compensation Corporation (ACC) have signed a Memorandum of Understanding at Whanau Centre, Henderson – marking a special day for the West Auckland Urban Maori organisation....
    Scoop politics | 20-10
  • Humanitarian aid desperately needed in Iraq and Syria
    Global Peace and Justice Auckland is calling on the government to provide humanitarian funding for non-aligned NGOs (non-governmental organisations) in the Middle East rather than give any support whatever for the US-led military campaign in the area....
    Scoop politics | 19-10
  • Court Judicial Decision: Dotcom v The USA: 17 October 2014
    The United States of America is seeking the extradition of Messrs Dotcom, Batato, Ortmann and Van Der Kolk. The matter has been before the Courts on numerous occasions, and no further recitation of the facts is needed....
    Scoop politics | 19-10
  • Marshall Island poet speaks at UN climate summit
    “The fossil fuel industry is the biggest threat to our very existence as Pacific Islanders. We stand to lose our homes, our communities and our culture. But we are fighting back. This coming Friday thirty Pacific Climate Warriors, joined by...
    Scoop politics | 19-10
  • Many tourist car accidents preventable
    Simple steps could dramatically reduce the number of accidents involving tourists, says the car review website dogandlemon.com ....
    Scoop politics | 19-10
  • RainbowYOUTH: 25 Years, 25 More
    In 1989, a group of young people in Auckland got together to form a support group for LGBTIQ youth. They called it Auckland Lesbian And Gay Youth (ALGY). After 25 years, several location changes, a name change, a brand reboot...
    Scoop politics | 19-10
  • Outdated Oath shows need for Kiwi Head of State
    MPs are sworn in today and New Zealand Republic has written to MPs asking them to talk about why 121 New Zealanders elected by the people of New Zealand and standing in the New Zealand Parliament swear allegiance to another...
    Scoop politics | 19-10
  • Council shouldn’t revenue grab from windfall valuations
    Auckland Council should state clearly they will not try and capture revenue as a result of the latest valuations and needs reminding that the City’s skyrocketing property values doesn’t change the level or cost of Council’s services, says...
    Scoop politics | 19-10
  • EPMU endorses Andrew Little for Labour leadership
    The National Executive of the Engineering, Printing and Manufacturing Union unanimously endorsed Andrew Little for the role of Labour leader, at a meeting held yesterday. “I have been speaking to our workplace delegates at forums across the country over...
    Scoop politics | 19-10
  • World Food Day promotes Agroecology not GE technology
    The UN has stated that agroecology is a major solution to feeding the world and caring for the earth....
    Scoop politics | 19-10
  • Labour Names Review Team
    Labour’s New Zealand Council has appointed Bryan Gould as Convenor of its post-General Election Review. He will be joined on the Review Team by Hon Margaret Wilson, Stacey Morrison and Brian Corban....
    Scoop politics | 19-10
  • Contenders for Labour leadership debate for first time
    The contenders for the leadership of the Labour Party debated for the first time on TV One’s Q+A programme today....
    Scoop politics | 19-10
  • UN Ambassador Jim McLay on TV One’s Q+A programme
    New Zealand's United Nations Ambassador Jim McLay on TV One’s Q+A programme....
    Scoop politics | 18-10
  • The Nation: RSA President BJ Clark & Ian Taylor, New NZ Flag
    Lisa Owen interviews RSA President BJ Clark and tech innovator Ian Taylor about changing the NZ flag...
    Scoop politics | 18-10
  • The Nation: RSA President BJ Clark & Ian Taylor, New NZ Flag
    Lisa Owen interviews RSA President BJ Clark and tech innovator Ian Taylor about changing the NZ flag...
    Scoop politics | 18-10
  • Lisa Owen interviews Foreign Minister Murray McCully
    Murray McCully says New Zealanders can expect a 5-10 year engagement against Islamic State if we join military action in Iraq and the government will take that “very carefully into account”...
    Scoop politics | 18-10
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