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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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    Labour | 04-09
  • Better trained and skilled workforce under Labour
    Labour is committed to a skilled workforce that benefits businesses as well as their workers, and will increase workplace training to improve productivity and drive innovation, Labour Leader David Cunliffe says. “Labour believes the Government should support New Zealanders into...
    Labour | 03-09
  • Labour will make renting a better option
    Labour will provide greater security of tenure for renters, and build more state and social housing, says Labour’s housing spokesperson Phil Twyford. “Labour believes every kid deserves a decent start in life. That means a warm, dry and secure home....
    Labour | 03-09
  • At least 15 new taxes under National
    John Key is the last person to talk about creating taxes, presiding over a Government that has imposed at least 15 new taxes, Labour Leader David Cunliffe says. “John Key tried a novel line in the debate last night claiming...
    Labour | 03-09
  • Labour will strengthen New Zealand’s democracy
    A Labour Government will act quickly to protect and enhance New Zealand’s reputation as one of the most open and least corrupt countries in the world, Labour Leader David Cunliffe says. “The health of any democracy is improved by greater...
    Labour | 02-09
  • MANA Movement says tax cut on GST must be first priority – Minto
    “If Prime Minister John Key has money available for tax cuts then cutting GST must be the first priority”,  said MANA Movement Economic Justice Spokesperson John Minto. GST is a nasty tax on low-income families”, said Minto. “People in the...
    Mana | 02-09
  • The Maori Party’s Mana-Enhancing Relationship with National – Minto
    “First we had Cameron Slater and David Farrar backing Labour’s Kelvin Davis bid to unseat MANA Movement Leader and MP for Te Tai Tokerau Hone Harawira.  Now we have Slater writing a pro-Te Ururoa Flavell article on his website, Whale...
    Mana | 02-09
  • There’s Only One Poll That Counts
    “One of the oldest sayings in politics is that there is only one poll that counts – the one on Election Day – and that’s the one that I am focusing on” remarked the MANA Movement candidate for Waiariki, Annette...
    Mana | 02-09
  • Local communities critical to Civil Defence
    Labour will focus on empowering New Zealand communities to be resilient in Civil Defence disasters, says Labour’s Civil Defence spokesperson Clare Curran. Announcing Labour’s Civil Defence policy, she says that Labour will work with schools, voluntary agencies and community groups...
    Labour | 02-09
  • Labour looks to long-life passports, gambling harm review
    A return to 10 year passports and a review of gambling laws are highlights of Labour’s Internal Affairs policy released today. “More than 15,000 New Zealanders signed a petition calling on the Government to revert to the 10 year system...
    Labour | 02-09
  • The success of right-wing counter messaging in the election
    One of the reasons National won the election was due to its success in counter messaging – and the way so many media commentators ran with th the right-wing spin. Here are some examples. Dirty Politics The original message was...
    The Daily Blog | 22-09
  • New Flag competition
    New Flag competition...
    The Daily Blog | 21-09
  • No time for self-pity
    After 23 meetings across the largest non-Maori electorate in the country – almost all of which went fantastically, approx 4,500km on the odometer, positive MSM and social media coverage, and polling well, I admit my team and I headed to...
    The Daily Blog | 21-09
  • The 30 second speech that could have saved the Moment of Truth
    As the dust settles and we struggle to understand what the bloody hell happened on Saturday, many point to Kim’s failure at the Moment of Truth to present his evidence. I think that Kim was poorly advised and that politics requires a...
    The Daily Blog | 21-09
  • Internet MANA and the 2014 election
    It was always going to be a hard task for Hone Harawira to hold onto his Te Tai Tokerau seat when the political establishment united in a coalition to defeat him and the chance for Internet MANA to bring more...
    The Daily Blog | 21-09
  • GUEST BLOG: Pat O’Dea – Unity in Action
    Yes the Left have taken a drubbing, but never mind, time to pick ourselves up off the floor, patch up our wound pride, dust ourselves off, cast around for our friends and allies, and re-enter the fray. Lots of work...
    The Daily Blog | 21-09
  • A Fiji democratic mandate for the coup leader – what now for the media?
    Attorney-General Sayad-Khaiyum and Rear-Admiral (Ret) Voreqe Bainimarama’s Fiji First party is poised to lead the country in the next four years. Photo: Mads Anneberg, an AUT Pacific Media Centre student on internship in Suva with Repúblika Magazine and Pacific Scoop...
    The Daily Blog | 21-09
  • Why I voted Labour and why 2017 will be different
    As a 3nd and 5th generation Kiwi-Indian (depending on which side of the family we have to go with), my relationship with New Zealand is a special one. Like other New Zealanders who are not of the Caucasian variety, the...
    The Daily Blog | 20-09
  • Humble Pie
    Oh. My. God. This was a heartbreaking nightmare. I was wrong, horribly, horribly, horribly wrong. I honestly believed that the resources, the media attention, the vile toxic politics exposed by Dirty Politics and the mass surveillance lies would have seen...
    The Daily Blog | 20-09
  • Election 2014; A Post-mortem; a Wake; and one helluva hang-over
    .   . It would be fair to say that the results for Election 2014 did not go as anticipated. The Left has had a drubbing – and some of it was of our own making. In other aspects, there...
    The Daily Blog | 20-09
  • Voting turnout affected by bad weather?
    . . NZ, Upper Hutt, 20 September –  Cold, wet weather in the Hutt Valley, north of Wellington may be impacting on voter turn-out. A head-count of people visiting the Trentham School Voting Station in Moonshine Rd, Upper Hutt, indicated...
    The Daily Blog | 20-09
  • Final total of advance voting
    And the final total for the advance voting was a staggering 717,579 advance votes against 334,558 in 2011       Tonight, I’ll be watching the TV3 election coverage because I could bare Paul Henry’s smugness one inch more than Mike Hosking’s...
    The Daily Blog | 20-09
  • Vice article on NZ election
    Here is my Vice article on the NZ election....
    The Daily Blog | 19-09
  • The attempt to kill off Internet MANA
    It’s the last day of campaigning today and the long list of those attacking Internet MANA got longer yesterday with Winston Peters backing Labour candidate Kelvin Davis against the MANA Movement’s Hone Harawira. Davis is now supported by Labour, National,...
    The Daily Blog | 19-09
  • A final word on the election – it’s now all up to you
    Brothers & Sisters, the fate of Aotearoa is now all in your hands. We here at the Daily Blog have thrown everything we can at this bloody Government and have spent every waking hour of this campaign trying to highlight...
    The Daily Blog | 19-09
  • I can’t tell what is National Party advert and what is the NZ Herald – ...
    I can’t tell what is National Party advert and what is the NZ Herald – but then again, I never could...
    The Daily Blog | 19-09
  • TVNZ election coverage – white people telling other white people why Nati...
    TVNZ election coverage – white people telling other white people why National Party is great...
    The Daily Blog | 18-09
  • REVIEW: Royals of Kihikihi
    What an absolutely stunning show.  I had to ask twice to check I’d heard right that this is the first staged production for Samuel Christopher, who also played a raw, real, but vulnerable, Wolf Royal, home from London for his...
    The Daily Blog | 18-09
  • 800 Cops to detain 15 ‘terrorists’ – why Australia’s hysterical Isl...
    I’m sorry but I can’t take this current Australian terror threat seriously. 800 cops to detain 15 people and arrest one of them? A week after Abbot decides to send in Australian forces to the cluster fuck of Iraq, suddenly...
    The Daily Blog | 18-09
  • Unbelievable corruption inside Government to attack Kim Dotcom
    The corruption inside this Government just more and more filthy – we now have an ex-Customs Lawyer quitting  after being told to bury information that could embarrass the Government, specifically to do with Kim Dotcom… Curtis Gregorash said he was told...
    The Daily Blog | 18-09
  • Coalition for Better Broadcasting – Everyone Loves A Win-Win That Keeps G...
      Permit me to quote some figures at you… -68% of New Zealanders think political news on television focuses too much on politicians’ personalities and not enough on real issues. This is the key result of a recent UMR survey commissioned by...
    The Daily Blog | 18-09
  • Jeremy Wells’ Mike Hosking rant on Radio Hauraki: Today, another week of ...
    Jeremy Wells’ Mike Hosking rant on Radio Hauraki: Today, another week of being the most in demand broadcaster in the country...
    The Daily Blog | 18-09
  • EXCLUSIVE: Te Tai Tokerau independent poll (44% Hone-27% Kelvin) vs Maori T...
    The Te Tai Tokerau Maori TV poll on Monday this week painted a bleak picture for Internet MANA supporters, and it’s results have been seized upon by Labour, NZ First and even the Maori Party (who seem set once again...
    The Daily Blog | 18-09
  • The time for TPPA weasel words is over
    Almost every day of the election campaign there has been a policy announcement that would potentially run foul of what I understand is currently in the Trans-Pacific Partnership Agreement (TPPA):  more constraints on foreign investment or investors … regulation of...
    The Daily Blog | 18-09
  • MELTDOWN – Maori Party turns on their own Te Tai Tokerau candidate – ag...
    The tensions are building in Te Tai Tokerau with the Maori Party on the verge of meltdown. Days out from the election, the Maori Party Executive has tried to heavy their own Te Tai Tokerau Electoral Committee and their own candidate, Te Hira Paenga,...
    The Daily Blog | 18-09
  • We Can Change this Government
    We Can Change this Government – Mike Treen at the First Union stop work election meeting...
    The Daily Blog | 18-09
  • Election 2014: For and Against
    With the general election tomorrow, we have had a very noisy campaign but little sign that the electorate wishes for a fundamental change of governmental direction. This reflects in part the fact that the economic cycle is close to its decadal...
    The Daily Blog | 18-09
  • Eye To Eye Uploaded: Martyn ‘Bomber’ Bradbury
    This interview was filmed a couple of weeks ago between Willie Jackson and myself, I was a tad off with my prediction of NZ First....
    The Daily Blog | 18-09
  • The Donghua Liu Affair – The Players Revealed
      . . – Special investigation by Frank Macskasy & ‘Hercules‘ Speculation that the Beehive office of Immigration Minister, Michael Woodhouse, was behind the release of a letter linking Labour leader, David Cunliffe, with controversial Chinese businessman, Donghua Liu, is...
    The Daily Blog | 18-09
  • As if you needed another reason to boycott Telecom/Spark – they sold NZ d...
    It should read ‘never stop spying’. As if you needed another reason to boycott Telecom/Spark – they sold us down the river to the US by allowing the Southern Cross cable to be tapped… The ability for US intelligence agencies...
    The Daily Blog | 18-09
  • The NZ First-Labour Party attack strategy against Internet MANA better work
    The final days of the campaign are ticking down and Labour and NZ First are manoeuvring to kill off the Internet MANA Party by both backing Kelvin Davis for Te Tai Tokerau. It’s a risky gambit that they better pray to Christ...
    The Daily Blog | 18-09
  • Bill English’s latest insult to beneficiaries – apparently they are lik...
    National’s hatred towards the poor continues unabated as National desperately try to throw raw meat to their reactionary voter base in the hope to inspire enough hate and loathing to win back their redneck voters from the Conservative Party and from...
    The Daily Blog | 18-09
  • Eminem ain’t happy with John Key
    Eminem ain’t happy with John Key...
    The Daily Blog | 18-09
  • Key claims he did not inhale
    Key claims he did not inhale...
    The Daily Blog | 18-09
  • Final prediction on election result 2014
    What an election campaign. The character assassination of David Cunliffe kicked things off with the Herald on Sunday falsely claiming $100 00 bottles of wine, $15 000 books and $150 000 in donations  from a donor that turned out to be...
    The Daily Blog | 18-09
  • Live blog: Bainamarama takes commanding lead in Fiji elections
      Interview with Repúblika editor Ricardo Morris and Pacific Scoop’s Mads Anneberg. PACIFIC SCOOP TEAM By Ricardo Morris, Mads Anneberg, Alistar Kata and Biutoka Kacimaiwai in Suva WHILE the results are provisional at this stage, it is clear today that...
    The Daily Blog | 17-09
  • 5AA Australia: NZ Elections Two Days To Go! + Edward Snowden + Julian Assan...
    Recorded live on 18/09/14 – Captured Live on Ustream at http://www.ustream.tv/channel/multimedia-investments-ltd 5AA Australia’s Peter Godfrey and Selwyn Manning deliver their weekly bulletin: Across The Ditch. This week, they discuss the latest news as New Zealanders go to the polls on...
    The Daily Blog | 17-09
  • What has Colin Craig done for his Press Secretary to quit 2 days before ele...
    This is VERY strange.  Colin Craig’s Press Secretary Rachel McGregor, has quit 2 days before the election, allegedly telling ZB that Colin Craig was a “very manipulative man”. I’ve met Rachel many times in the past as Colin’s Press Secretary, she is...
    The Daily Blog | 17-09
  • “If you want steak, go to the supermarket and buy steak,” – A brief w...
    “If you want steak, go to the supermarket and buy steak,” said Key in the final leaders debate. Problem of course is that the 250 000 – 285 000 children living in poverty can not afford steak, milk, butter, eggs...
    The Daily Blog | 17-09
  • National’s final bash of beneficiaries before the election
    On cue, whenever National feel threatened, they roll out a little bennie bash just to keep their redneck voter base happy. Nothing like a bit of raw meat policy to keep National voters focused on the evil threat solo parents...
    The Daily Blog | 17-09
  • With All Of This In Mind, I Vote
    This is my last blog before the election and I really just want to speak from the heart. Right now in this country it seems to me that a lot of people consider the “essentials” in life to be simply...
    The Daily Blog | 17-09
  • Left has to vote strategically this election
    The dedication, loyalty, and tribalism of party politics means that sometimes the left lets itself down by not voting strategically. We all want our favoured party to get maximum votes, naturally, but the winner-takes-all approach doesn’t always suit multi-party left...
    The Daily Blog | 17-09
  • Dear NZ – as you enter the polling booth, stand up for your rights
    The last days before a NZ general election are a busy time as politicians make their pitch and party activists prepare to get out the vote. It is sort of weird watching from the distance of Europe the strangest election...
    The Daily Blog | 17-09
  • What is Waihopai, John, if it isn’t a facility for “mass surveillance...
    John Key assured us on RNZ’s Nine to Noon programme yesterday that “In terms of the Fives Eyes data bases… yes New Zealand will contribute some information but not mass wholesale surveillance.” How does this square with the operation of the...
    The Daily Blog | 17-09
  • GUEST BLOG: Catherine Delahunty – Mass Surveillance and the Banality of E...
    Renowned journalist and intellectual Hannah Arendt coined the phrase “the banality of evil” to describe the normalisation of genocide in Nazi Germany. I thought of her phrase when I was listening to Glenn Greenwald and other international whistle-blowers talking about...
    The Daily Blog | 17-09
  • Election. Down. To. The. Wire
    Funny how last week it was John Key winning by 50%, now it’s neck and neck. I have always believed this election would be down to the wire and it is proving so. The flawed landline opinion polls the mainstream...
    The Daily Blog | 17-09
  • 3rd Degree uses Whaleoil for story ideas as if Dirty Politics never happene...
    TV3s 3rd Degrees smear job on Kim Dotcom last night doesn’t bear much repeating. It was pretty pathetic journalism from a team who have brought us some great journalism in the past. It is sad to see 3rd Degree stooping...
    The Daily Blog | 17-09
  • Live blog: Bainimarama takes early lead in Fiji’s election
    Pacific Scoop’s Alistar Kata reports from yesterday’s voting. By Alistar Kata of Pacific Scoop in Suva Prime Minister Voreqe Bainimarama took an early lead in provisional results in the Fiji general election last night. With provisional results from 170 out...
    The Daily Blog | 17-09
  • Has The NSA Constructed The Perfect PPP?
    Former intelligence analyst and whistleblower, Edward Snowden – speaking live to those gathered at the Auckland Town Hall on Monday September 17, 2014. Investigation by Selwyn Manning. THE PRIME MINISTER JOHN KEY’s admission on Wednesday that whistleblower Edward Snowden “may...
    The Daily Blog | 17-09
  • No way – Key admits Snowden is right
    After claiming there was no middle ground. After claiming there was no mass surveillance. After calling Glenn Greenwald a henchman and a loser. After all the mainstream media pundits screamed at Kim’s decision to take his evidence to Parliamentary Privileges...
    The Daily Blog | 17-09
  • LGNZ congratulates National
    LGNZ congratulates National Local Government New Zealand (LGNZ) congratulates re-elected Prime Minister John Key and the National led government on winning their third consecutive term following Saturday’s general election. LGNZ President Lawrence Yule acknowledges...
    Scoop politics | 22-09
  • The Letter – 22 September 2014
    John Key’s win is historic. In the history of MMP elections – worldwide – ever – no government has won an absolute majority. MMP was imposed on Germany to make sure that country never had another Hitler. It is designed...
    Scoop politics | 22-09
  • Election Coverage – None Better Than Trans Tasman
    To get a steer on what was going to happen in the election - away from the histrionics of the mainstream coverage - the best place to go was The Main Report Group’s weekly political report Trans Tasman....
    Scoop politics | 22-09
  • Federated Farmers intemperate
    For the second time in a week Federated Farmers has made intemperate and provocative comments on environmental issues, says EDS....
    Scoop politics | 22-09
  • MP’s Stolen Items Recovered
    Following a complaint to Parliamentary Services today [ September 19 ], items which had been stolen from NZ First MP Andrew Williams’ Wellington parliamentary office have been recovered and returned....
    Scoop politics | 22-09
  • Election results bad news for those on benefits
    Beneficiary Advocate Kay Brereton says, “ The election result holds no good news for people on benefits, National campaigned successfully with their beneficiary bashing agenda, and will now believe their punitive treatment of beneficiaries has the support...
    Scoop politics | 22-09
  • Opportunity to progress water infrastructure
    “National’s re-election is an opportunity to develop the infrastructure New Zealand needs to provide surety of water for agriculture, town drinking water supply, waterways, recreational use and to future proof the country from climate change,” says Andrew...
    Scoop politics | 21-09
  • Wellington City joins the global call for 100% clean
    At 1:00 pm, residents and visitors of Wellington gathered at the summit of Mt Victoria to join the millions strong call for a 100% clean future....
    Scoop politics | 21-09
  • Hikoi with us from Cape Reinga to Auckland Oil Conference!
    Monday 22 September 2014: Maori from different tribal areas along the western length of Northland are organising a hikoi starting on Saturday to a Government oil conference in Auckland to make sure that Norwegian oil giant Statoil gets the message:...
    Scoop politics | 21-09
  • Roy Morgan NZ Election Update With A Look At The Polls
    Roy Morgan NZ Election Update With A Look At The Polls National re-elected to third term with record high vote as Labour slumps to worst result in over 90 years...
    Scoop politics | 21-09
  • National-led Government wins mandate for RMA reforms
    An unprecedented increase in support for the third-term National Party, the best electoral performance since 1899, has delivered a clear mandate for reform of the Resource Management Act says Federated Farmers. “Vital reforms to the RMA have...
    Scoop politics | 21-09
  • New Zealand says no to Culture of Death
    Right to Life is pleased that the people of New Zealand have rejected a culture of death by refusing to elect a Labour/Green government that supported the decriminalisation of abortion....
    Scoop politics | 21-09
  • Q + A – Steven Joyce
    CORIN Steven Joyce if we could start with how things are going to look now with your support partners. Can you just run us through, National can technically govern alone on what you’ve got at the moment, do you think...
    Scoop politics | 21-09
  • Q + A – Kelvin Davis
    SUSAN Well earlier this morning, just before we came to air in fact, Corin spoke to Kelvin Davis, one of the big winners of the night, the new MP for Te Tai Tokerau....
    Scoop politics | 21-09
  • Q + A – David Cunliffe
    CORIN Joining me now is Labour Leader, David Cunliffe. Good morning to you Mr Cunliffe. This is a tough result for Labour, how much personal responsibility do you take for this....
    Scoop politics | 21-09
  • Grey Power congratulates Key
    Grey Power National President Terry King congratulated John Key for his party’s “resounding win “ in yesterday’s election and hoped that the new National Government would look hard at issues affecting the ever–growing number of older New Zealanders....
    Scoop politics | 21-09
  • EMA congratulates PM John Key and National
    The Employers and Manufacturers Association extend hearty congratulations to the re-election of Prime Minister John Key and National....
    Scoop politics | 21-09
  • Helen Clark Receives Inaugural Women’s Health Rights Award
    Helen Clark was honoured as the first recipient of the Women’s Health Rights Award at the 121st Woman’s Suffrage event held in Auckland....
    Scoop politics | 21-09
  • National deal with New Zealand First unlikely
    The National party is unlikely to offer a confidence and supply agreement to New Zealand First according to Dr Ryan Malone, Director Training and Research at Civicsquare....
    Scoop politics | 20-09
  • Daily Election Update #12: NZ First to hold balance of power
    Winston Peters’ NZ First Party will hold the balance of power after tomorrow’s election, according to the combined wisdom of the 8000+ registered traders on New Zealand’s predictions market, iPredict. Mr Peters is then expected to back a National-led...
    Scoop politics | 19-09
  • Election Day is Time to Refocus on Policies
    Over the course of this election campaign there has been a lot of focus on dirty politics and spying, and not a lot on policy. With election day looming, Gareth Morgan is calling for people to refocus on the issues....
    Scoop politics | 19-09
  • The Kiwi FM Alternative Election Commentary
    Saturday 20 September from 7pm on 102.2 Auckland, 102.1 Wellington, 102.5 Canterbury, or KiwiFM.co.nz...
    Scoop politics | 19-09
  • Beneficiary Bashing unacceptable
    Kay Brereton of the Beneficiary Advocacy Federation of New Zealand says “ the comment made by Bill English yesterday comparing beneficiaries to crack addicts is shocking and incredibly poorly timed.”...
    Scoop politics | 19-09
  • UN Experience Beneficial
    Acclaim Otago representatives have just completed their participation at the UN Convention on the Rights of Persons with Disability examination of the New Zealand government in Geneva, Switzerland. "It was an interesting two days which we believe has...
    Scoop politics | 19-09
  • Changing face of NZ should be reflected in newsrooms
    With Fairfax Media’s Journalism Intern search closing on Sunday, Race Relations Commissioner Dame Susan Devoy is urging aspiring journalists from Maori, Pacific and ethnic communities to apply. The deadline was recently extended to 10pm, Sunday...
    Scoop politics | 19-09
  • SPCA expresses concern over toxin in waterways
    Ric Odom CEO of Royal NZ SPCA has expressed concern over the toxic poison 1080 entering waterways, but DoC, Council’s and Ministry of Health have colluded to make it legal....
    Scoop politics | 19-09
  • NZ 2014 Election Index – 13-18 September
    Below is iSentia’s final weekly Election Index, covering the period 13-18 September and showing the relative amount of coverage of nine Party Leaders in the lead up to the National Election across news media and social media. The methodology used...
    Scoop politics | 19-09
  • Epsom Candidate (Adam Holland) More Liberal Than ACT
    For the past four years I, like 500,000 other New Zealanders, have been illegally smoking cannabis for medicinal purposes and/or even just for the occasional laugh with friends on the weekend. We don't hurt anybody, we don't cause nuisance, we...
    Scoop politics | 19-09
  • Left Coalition Will Save Dolphins
    A left coalition would safeguard both Māui and Hector’s dolphins, as well as revive our inshore ecosystems. Labour, Internet Mana and the Green Party all have strong policies in place for dolphin protection. The Maori Party, and to a certain...
    Scoop politics | 19-09
  • Waihoroi Shortland: Ngāti Hine is not standing alone
    The Chairman of Te Rūnanga a Iwi o Ngāpuhi, Sonny Tau is blowing smoke worthy of a Dotcom rally with claims that Ngati Hine is standing alone in its opposition to Tūhoronuku says the Chairman of Te Rūnanga o Ngati...
    Scoop politics | 19-09
  • Oceania voices on environment loud and strong
    While money and energy continues to be spent on global talks about climate change, Pacific islanders are scrambling to build sea walls out of sticks, stones, shells and coral, to protect their lands and homes from erosion and rising sea...
    Scoop politics | 19-09
  • Prime Time with Sean Plunket – Tonight
    No MPs tonight --- the campaign will be over at 9 30. Instead we will look back --- and possibly forward on what we have learned and what might happen. Listener Political Columnist Jane Clifton Editor in Chief, NZ Herald,...
    Scoop politics | 19-09
  • Election fails to address youth financial wellbeing
    Young people don’t feel included in New Zealand’s financial success and believe inequality is a problem, according to a new survey conducted by Westpac’s Fin-Ed Centre at Massey University....
    Scoop politics | 19-09
  • Winston’s Waffle doesn’t hide the facts
    The Conservative Party is celebrating the ASA's finding announced today that rejected all but one of the complaints raised against its controversial “Conservatives or Peters” pamphlet. “Despite pages of complaints from Peters legal team the only...
    Scoop politics | 19-09
  • NZ Independent Coalition looking forward to tomorrow
    “Our team is looking forward to tomorrow. It is a real opportunity to reclaim politics for the people,” said NZ Independent Coalition leader Brendan Horan....
    Scoop politics | 19-09
  • Insights Issue 35/2014 – 19 September 2014
    Insights Issue 35/2014 - 19 September 2014 In This Issue • RMA reform the golden unicorn of policy | Jenesa Jeram...
    Scoop politics | 19-09
  • Special voting arrangements made for NIWA crew
    One of the most unusual polling stations for this year’s general election is in the middle of the ocean miles from land. NIWA’s flagship research vessel Tangaroa, has been doubling as a polling booth for crew and scientists at sea....
    Scoop politics | 18-09
  • Tourism operators urged to vote strategically
    Tourism operators should make sure they know their local candidates’ view on tourism and use their vote to support the country’s second largest export industry, says Chris Roberts, Chief Executive, Tourism Industry Association New Zealand (TIA)....
    Scoop politics | 18-09
  • WGTN: March for free education
    We are students, university staff, and members of the community. Whichever parties form a government after September 20th, we are demanding an end to corporatisation of education....
    Scoop politics | 18-09
  • Evidence of Corruption a National Scandal
    Internet Party leader Laila Harré will take evidence of corruption to international forums if there is not a full Royal Commission to investigate the growing evidence of the systematic use and abuse of democratic institutions and processes for political...
    Scoop politics | 18-09
  • Govt continues to throw money at charter school experiment
    Official documents reveal the three primary sector charter schools approved last week will cost $2 million to set up as well as divert another $1.5 million of potential taxpayer investment from local state schools next year....
    Scoop politics | 18-09
  • ACT Final Election Rally
    Elections campaigns are an opportunity for political parties to put candidates and policy to enable voters to choose what sort of New Zealand we want. In this campaign there have been three tests by which you can assess the electoral...
    Scoop politics | 18-09
  • Taxpayers on Hook Again for Solid Energy
    Responding to the Fairfax article that taxpayers are extending another $103 million to keep Solid Energy afloat, Taxpayers’ Union Executive Director Jordan Williams says:...
    Scoop politics | 18-09
  • Invermay Petition Tops 10,000 Signatures
    People across New Zealand continue to express their disgust at the downgrading of Invermay, says Dunedin North MP David Clark, as the Save Invermay petition he instigated earlier this year topped the 10,000 signature mark just days before the 2014...
    Scoop politics | 18-09
  • McVicar vows to continue fight for police
    Garth McVicar stated at a public meeting last week that he would fight to retain a 24/7 Police Station in Napier and no reduction in the number of police staff for the Hawkes Bay region, some said he was simply...
    Scoop politics | 18-09
  • Party Vote Our Weapon in Fight Against Government Corruption
    Internet MANA urges New Zealanders to use their party vote to confront corruption in any new government....
    Scoop politics | 18-09
  • Election day is tomorrow – make sure you’re a part of it!
    Tomorrow, Saturday 20 September, is election day, and New Zealanders’ last chance to have a say on who leads the country for the next three years....
    Scoop politics | 18-09
  • Is the Shape of our Government out of the hands of Voters?
    In the last stuff.co.nz / Ipsos Political Poll before Saturdays election, National is down 5.1% to 47.7% and Labour up 3.7% to 26.15%. These results are remarkably similar to the 2011 election where National received 47.3% of the vote and...
    Scoop politics | 18-09
  • Spirit of Suffrage a Call to Action for All Kiwi Women
    Internet MANA is drawing on the courage and integrity of New Zealand women on Suffrage Day – Friday, September, 19 – to encourage them to pay tribute to the spirit of their foremothers who gained women the vote....
    Scoop politics | 18-09
  • Live Election Night Coverage on TV And Online
    Māori Television’s KOWHIRI 2014 – ELECTION SPECIAL kicks off at 7.00pm this Saturday with a five-hour broadcast focusing on the Māori electorates....
    Scoop politics | 18-09
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