Cunliffe attacks Nats’ crony capitalism

Written By: - Date published: 12:25 pm, June 14th, 2012 - 79 comments
Categories: capitalism, david cunliffe, national - Tags:

David Cunliffe went to the lion’s den yesterday with a speech telling a meeting of Kensington Swan’s receivership and liquidation lawyers that there would be a lot less work for them under Labour but saying “the Labour Party is not your enemy. Your enemy is inefficiency, corruption, and the wastage of both public and private wealth. Your enemy is a cosy corruption that helps a few friends of the government get very rich at the expense of the community.”

It’s worth having a read of the full speech, where Cunliffe addresses not only National’s crony capitalism but also its economic management, comparing it to the failed policies of the Hoover Administration during the Great Depression.

—————————————————————-

Speech to annual Kensington Swan insolvency function, Auckland, 11 June 2012

David Cunliffe, Labour Economic Development and Associate Finance Spokesperson

Tēnā Koutou

Thank you for inviting me into the lion’s den.

As this is a group of insolvency and receivership lawyers and accountants, it’s a fair guess that your businesses will be booming right now.

If I was speaking to a group of exporters and manufacturers, it’s a fair bet the opposite would be true.

And if this was a group of blue collar workers from my electorate in west Auckland, you can bet your boots the mood would be grim.

So many Kiwis are really struggling to make ends meet.  After the 2008 crash they were just getting along. A year later this had turned to anger, a year later to despair. This year, many of them are heading for the departure gate: 50,000 a year in the last year alone. A quarter of New Zealanders no longer live here.

So for their sake, and everyone’s sake, let’s begin this conversation by being frank and up-front.

We all know that much of the business community generally favours National.

Unfortunately, New Zealand is still a democracy, so Labour gets voted back in from time to time. That’s “tiresome”! I know, but that’s the way it is.

So, what “evil plans” does Labour have in store for the business community this time?  The answer might be welcome news for all but the insolvency team

Anyone who seriously believes that the economy can somehow heal itself by being left alone, hasn’t read a newspaper for the last 12 months.

Looking at world markets over the last few months, I would have to agree that we are “back at the precipice – with a frayed rope” (Brian Fallow, NZ Herald).

Greece may still reject its bailout package; Spanish banks are still in deep trouble; and Italy is too big to bail, or to let fail.

The Beehive spin doctors are all too ready to blame anyone but themselves for New Zealand’s repeated undershooting of growth forecasts.  None of it washes.

The Canterbury earthquake rebuild should by now be a source of positive growth – but it is well behind schedule and the government is squarely to blame.

Commodity prices can’t be the problem.  They have only just come off record highs, reminding us that putting all our cows in one basket is way too risky.

The results under the Key Government make depressing reading.

No one these days seriously believes that a totally unregulated economy will work. Just as important, no one seriously believes that a totally regulated economy will work. It’s a question of getting the balance right.

Do I want to return to the days when you needed a letter from your doctor before you could buy margarine? Absolutely not. Do I want to return to the days when people had a sense of security and trusted their leaders? Absolutely.

LESSONS FROM THE LAST GREAT DEPRESSION

It is said that “Those who cannot learn from history are doomed to repeat it.” (George Santayana); or in plain language… “History repeats itself because no one was listening the first time.”

One of the things that gets me up in the morning is the sentiment expressed in the media and in the current government that “nothing can be done so we may as well take it.”

That we may as well accept appalling emigration levels, high unemployment and record high youth unemployment, an accelerating increase in poverty, and debt that leads to regular international credit downgrades.

We should expect more from each other than that.

There is absolutely no inevitability about economic decline.

We do face utterly fundamental choices about our economic future. Effective change will occur when tens of thousands of us behave differently in our firms and unions, boardrooms and Ministries, classrooms and farm sheds.

Of course it is easier to say what we should not do, than what we should do.  So in these remarks I want to draw some lessons for what we should do differently:

1. Regulate Financial Markets

The Great Depression, for those who haven’t studied history, was caused by a lack of government regulation. Then, just like now, the vast majority of businessmen strongly resisted any attempt at government regulation.

Then, after the banks sent themselves bankrupt through unregulated speculation with their clients’ funds, the bankers tried to pretend that it wasn’t their fault.

The 1929 stock market crash triggered an economic tsunami that all but flattened America. Just like now, it was the ordinary people that bore the brunt of the crash and the depression that followed it.

And, as if the crash itself wasn’t bad enough, the government still refused to intervene, so the situation got worse. Bank after bank collapsed, along with the millions of families who had entrusted those bankers with their life savings.

By 1933, 11,000 of the United States’ 25,000 banks had failed. That’s nearly half.

People had no money, so they couldn’t buy manufactured goods. Because people stopped buying manufactured goods, factories closed down. Because factories closed down, workers got fired. Because workers got fired, they couldn’t buy manufactured goods.

And so it went on, and on, and on, until, by 1933, nearly 13 million Americans were unemployed. That was a quarter of the total workforce.

And what was the government’s response: <u>nothing</u>. Why?  Because the government was intensely opposed to any kind of regulation of big business – the same view as many of the people in this room.

The then US Secretary of the Treasury was Andrew W. Mellon, who was, by curious coincidence, one of the wealthiest men in America.

Mellon strongly opposed government regulation of the banking sector. However, he strongly pushed for austerity measures to balance the budget. Does this sound familiar?

Mellon advised President Herbert Hoover to:

“liquidate labour, liquidate stocks, liquidate farmers, liquidate real estate… it will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up from less competent people.”

Alas, no. What happened in America was exactly the same as is currently happening in Europe. The austerity measures, which were supposed to turn the economy around, instead sent it into a nosedive.

You know, one of the wonderful things about democracy, is that voters sometimes show a good deal more sanity than the politicians or the vested interests.

In America’s case, the voters threw out Herbert Hoover and voted in Franklin D. Roosevelt. Roosevelt heavily intervened in the economy, regulated the banks and the stockbrokers, and set America on the path of its longest period of economic growth in history.

I mention all this, because we are currently looking over the economic precipice once more. The world’s three largest economic zones: America, the European Union and Japan/China are already in decline.

And, amazingly, the economic purists in the West are still advocating exactly the same policies as the ones that caused the Great Depression. Really? Have we learned nothing from history?

Who carried the can when the whole house of cards came tumbling down? Certainly not the bankers that set up the house of cards in the first place. As usual, it’s the ordinary people, who pay taxes and naively expect politicians to look after their interests, who are paying the price.

Despite all the promises that the European economic austerity measures would turn this tragic situation around, the opposite is occurring.

When you start firing all your workers and closing down your government departments, those people have no money to spend.  Because the workers have no money to spend, the local businesses suffer. So they start firing staff. So the economy goes into deep recession, with no easy way out.

The Labour team believes this is lunacy. If New Zealand goes into a recessionary spiral, what we are close to, we will have to be expansive too.

An increasing number of journalists and politicians are saying what ordinary people already know: that many of the economic policies of the last 30 years have ended in disaster.

You hear the National government taking about the need to sell assets because we have so little money in this country. Do you know why we have so little money in this country? It’s because a large percentage of our economic assets are overseas-owned.

For example, when the Australian-owned banks make billions in profits here, that money isn’t returned to New Zealanders. The money goes straight back overseas.

That financial drain is one of the main reasons we are not paying our way in the world – our external deficit is getting bigger and bigger.

2. Keep and build our assets

And, as if that were not bad enough, the government now wants to sell our major state assets, which is simply going to mean higher power prices for ordinary New Zealanders and still more profits disappearing overseas.

And I’m not the only one who thinks this is nuts. The economic consultants BERL, concluded that the asset sales programme would leave the public accounts looking worse, not better.

BERL’s chief economist, Dr Ganesh Nana, concluded the effect of asset sales on the wider economy would be even worse because the dividends lost to the state would quite likely go to foreign shareholders, adding to the country’s external deficit and national debt.

So why is National proceeding? Is it partly because of its promises to big business? It is partly because many National Party politicians may have links to the very people who will profit from these asset sales? Or partly because the National Party is simply blind?

No matter how many independent analysts report that the asset sales will be an economic disaster that will further increase our national debt, John Key simply looks the other way.

For how much longer, I’m not so sure. I think it’s increasingly obvious that the National government will be dog tucker at the next election. National is hoping that by then, the assets will have been sold and there’ll be nothing we can do about it.

Be that as it may, don’t get me started on the risks of selling off a major stake in our energy system at a time when the world is entering unparalleled energy scarcity and skyrocketing fossil fuel prices – that is the subject of another speech!

3. Get people back to work

If the last Great Depression provides some chilling lessons of what went wrong, it also provides hope for what can be done better.

Much of New Zealand’s response to the Depression in the 1930s and early 40’s is still working for us:

•    Around 50% of the state houses still around now were built in the 1930s and 1940s

•    Around 40% of all schools still in use were built in this era

•    Almost all the North Island dams, and the same of the pylons and substations

•    Thousands of rural bridges

•    Most of Auckland’s water supply dams and systems

•    The core of the Crown Research Agencies, in the form of the DSIR

•    Around half of New Zealand’s still-existing hospitals,

•    The great North Island pine forests, and

•    Most of our government departments now existing were formed, all in that era

Eighty years ago we saw an economic development plan rolled out that turned us all from Depression to development.  Like the United States New Deal, the Savage government’s plan altered the course of the country.

For at least 30 years after the end of World War II until the oil shocks of the 1970s, the Government response to the Great Depression still dominated political and commercial life.

In the 1960s, business and the public sector continued this partnership with the great Kinleith Mill near Taupo, and New Zealand Steel at Glenbrook.

Private capital was making money at the same time as the public sector achieved its policy goals.

By the 1980s, the whole system was in need of reform. However, in place of reform, we got a system that closed down productive industries, encouraged energy wastage, created massive unemployment and, above all handed most of  the wealth and power to a small elite who the so-called ‘free’ market.

It was this unregulated market that lead to the twin meltdowns; first the 1987 stock market crash, then the 2008 meltdown. Since 2008, the scale of our decline has been substantial.

Throughout the world, pro-business governments have imposed austerity measures and throughout the world, these austerity measures have been an unmitigated disaster.

We need to think with that degree of boldness and clarity, while carefully managing our financial resources, to truly turn back the degree of risk and decline that we now face.

4. Rewrite the invisible plan

By contrast, National is nothing if not predictable in its policies and in its results. From 1990 to 1999, and from 2008 to 2012, the same economic leadership and same result:

•    Almost no economic growth

•    Public sector cost-cutting that drove recession ever-deeper

•    A state that is weaker year after year, and

•    A country where wealth transferred from the many to the few, to the point where law firms find it harder and harder to get clients,  except in the Receivership Team.

Business is bad. And it was bad the last time National was in, and it’s no coincidence.

Let’s project the same policies after another three years. Here’s how it runs. Treasury again over-predicts GDP growth and hence tax-base income. Private debt remains high and focused on rental housing. The population stagnates and starts to decline even in Auckland.

Respectfully, a buoyant insolvency and mortgagee sector is not the economic sign we want. On the track we are on, it’s what we will get.

When the credit ratings agencies downgraded New Zealand last year, they told us that our biggest problem was not public debt, which is relatively small by world standards, but total private debt and our inability to pay our way in the world.

A new direction is needed.

Let’s not fool ourselves that just doing a little more or a little less of what we have been doing before will save us

LESSONS FROM SMALL SMART COUNTRIES

Small smart countries around the world are grappling with the same issues – how to sustainably grow jobs and incomes in an open, export-oriented economy amid a turbulent world market.

As part of my Economic Development portfolio work, I have commissioned a study of six such countries: Denmark, Finland, Singapore, Taiwan, Ireland and Israel.

The most obvious conclusion of this study so far is that none of them leave their future to chance.  The weakest, Ireland, was the one that lowered taxes, opened up to unrestrained foreign investment, and trusted the invisible hand of the market to bring future prosperity.

But whether they have governments of the centre-left or centre-right, all these countries have set a clear vision for where they want to get to, what they want to be, and how they will get there.  All set policy targets and timetables and measure their progress.

Take Denmark.  It wants to be among the top 10 richest, most innovative countries in the world.  It wants to be top 10 for quality labour supply and top three for renewable energy.

They have a 10 year plan to achieve that.

They manage their interest rates, control their housing market, and peg their exchange rate to the Euro.

They manage productivity growth by setting hard targets for education, research and innovation performance, for example:

They invest 3% of their national income in research and development: 2% from the private sector and 1% from the public.  That is still dwarfed by neighbour Finland with nearly 4%. New Zealand’s total is less than 1%.

Their innovation strategy is led by the Danish Economic Council, a broad-based top level group including key government agencies, business and labour representatives, and labour experts.

They are careful with their money, and they understand the value of investment.

They invest in research and development, they invest in their infrastructure, they invest in their forests and their environment, but most of all they invest in their people.

To the Danes, investing in education, innovation and infrastructure, is not a liability but an asset. Because without all three, their economy cannot survive.

Is it working?  You be the judge – they have fewer natural resources than us, higher population density, and a rubbish climate.

But their income per person is US$40,169 compared to our US$29,882.

Even more importantly, their exports per person are around NZ$ 26,000, compared to our NZ$9,000.

They gain about the same amount from agriculture as us, but many times more from niche manufacturing, environmental services and high technology.

Let’s acknowledge that Denmark is a member of the largest economic union on the planet and has the captive market that comes with that.

Labour under the leadership of both Phil Goff and Helen Clark had a proud record of responsibly improving our trade access. Labour also pushed for environment and labour standards in trade agreements, something we will need to continue to advocate in future.

INVESTMENT, INNOVATION, AND  EDUCATION

We need to learn from small smart economies like Denmark.  We cannot just leave it to chance, or to the market forces that have got us into this mess.

So Labour went into the last election campaigning for new and better ways to grow our economy.

At the core of our economy-wide measures were big changes to boost capital for business investment, technology and skills.  These are the fundamental drivers of productivity.

Our Leader, David Shearer, and Finance Spokesperson, David Parker, have both recently reaffirmed the importance of these changes.

While John Key was hard at work lining his own pockets, David Shearer was getting his hands dirty, feeding and sheltering the people in some of the most depressing and dangerous places on earth.  He managed billions of dollars of tax-payers funds with consummate skill, fought corruption and faced down warlords.

Which party leader do you think is better suited to lead us through this time of crisis?

So what will Labour do that shows we have learned the lessons of history?

Number one, we will have to stop the sort of speculation that got us into this mess in the first place.

We have to get investment flowing where it can do the most good – into productive businesses and exports, rather than unproductive financial or property speculation. Like both Treasury and the Reserve Bank, Labour supports a capital gains tax.

Now, nobody in this room, myself included, likes paying tax.  And nobody in this room, myself included, likes seeing their hard-earned tax revenue wasted.

I think we all agree that the tax system has to be simple, transparent and achievable.

For example France and Germany are now looking at simplified  forms of indirect taxation, such as a financial transactions levy.

It would be so small that most bank users would never even notice it, would be simple to collect, and would raise enough revenue to fund lowering other taxes while fully funding infrastructure development without incurring further public debt.  I am delighted that our revenue Spokesperson, David Clark, is keeping a weather eye on these developments.

Another tragic result of the so-called free market is that, the country is now saddled with the multibillion dollar liability of supporting the casualties of this economic religion – the long term unemployed, the single parent families, the pensioners who can no longer afford to warm their houses.

Any economic policy that does not put the unemployed back to work, rebuild the productive sector and help us to pay our way in the world is doomed to failure, and very expensive failure at that.

The current government said they wanted New Zealand  to catch up to Australia.

Well it’s working: every week, thousands of Kiwis leave the country in search of a better life across the Tasman.

Why? Because they get paid so much more in Australia.  Why are wages higher in Australia? Because the Australian government sees it’s working people as an asset, not a liability.

What’s the National Government’s solution to this – to lower wages still further while doing nothing to improve productivity.  Genius.

Clearly no-one told Steven Joyce that Germany, one of the wealthiest countries on the planet, has both high wages and high productivity.

National has again walked away from common sense.  One of the key ingredients to Australia’s success has been its compulsory, employment based savings scheme.

Because New Zealand’s workers don’t earn enough to save, the country’s vital savings pool is alarmingly small.

So our second major policy is  to lift sustainable local savings and investment is a universal Kiwisaver scheme. This would hike our savings rate four times faster than National’s pallid plan  and give every working Kiwi a huge nest egg for their retirement.

To make matters worse, National’s approach to superannuation resembles a man on an iceberg in the sun. He thinks he is on solid ground, but he has built his future on some tragically false assumptions.

The third big policy change from Labour is getting our innovation engine revving.  At the moment it is hardly even idling.  Total research and development investment in NZ is less than 1% .  In Denmark it is 3%.  In Finland they are targeting 4% .

Our innovators deserve a break – there are huge public benefits from a vibrant innovation system, and our proposed R and D tax credits reflect that.

By supporting research and development in our business community, we invest in the pillars of economic growth, innovation, education and innovation.

As Economic Development spokesperson, I will be pushing for much higher levels of investment in research and development in both the public and private sector and for a serious overhaul of our innovation ecosystem.

Remember that infrastructure is not just bricks and mortar.  Our future depends on having a world class information backbone.

It is a crying shame that it took the current government nearly three years to even begin rolling out its so-called ultra-fast broadband plan.  If three years delay is ultra-fast, I’d hate to see ultra-slow.

Fourth, we never forget that our best resource is our people.  Education and skills must be a top priority and it must be for all – not just those who can afford them.  These three pillars of skills are education skills, physical skills and life skills.

It disgusts me that the National cabinet was prepared to maintain subsidies for their own private schools while firing teachers in everyone else’s schools.

How would Labour fund further investment in education?   The answer is simple: stop investing in failure.  It is social and economic insanity to be paying people the dole while there are forests to be planted and infrastructure to be built.

Labour will get school leavers off the dole by ensuring a seamless transition into work.  We will fund thousands of new apprenticeships by redirecting dole money to job creation with real skills. We will ensure that every young New Zealander under 20 is either earning or learning.

In the twenty first century no-one should expect to be in one job for their whole working life.  That’s why learning must be life-long.  Denmark invests bullions each year into adult and community education, in New Zealand we invest pocket money.

LESSONS FROM THE GRASS ROOTS

Our economy, under National, is like an oil tanker with the captain asleep at the wheel.

Robert Wade, a New Zealand professor at The London School of Economics, summed up how governments should work with their economies. I’ve paraphrased his views:

When the economy is working well, leave it alone.

When the economy has problems or failures that can be fixed, fix them.

And when an economic policy fails altogether, do something else.

Sounds like common sense to me.

A key lesson of the Great Depression is that unregulated financial markets invariably suffer catastrophic failure.  The recent Global Financial Crisis is a classic example.

From New Zealand’s economic development perspective, we can turn around the failed policies of the past.

So that means working with individual industries, regions, businesses and communities to help make good things happen.

You have a build a wall one brick at a time.

You have to build a business one customer at a time.

We have to build our economy one region and one industry at a time.

And we must rebuild our community one family at a time.

So we could have all the fine ideas in the world about economic growth, but if it does not put one unemployed worker into a job, or put one more high value product into an export market, then it will not turn our economic boat around.

Renewing our commitment to industry sectors, regions and communities, will be a key part of Labour’s economic development agenda…

I know it’s trendy to talk about recycling. But we’ve overlooked something here. What about “recycling” human beings?  There isn’t a person in this room that isn’t deeply concerned at the numbers of young people, especially young Māori and Pasifika  who are not only unemployed, but in some cases, currently considered by some to be “unemployable”.

We also have vast tracts of public and private land that is currently badly under-utilised.

Can we please, please, learn some lessons from history. Where did New Zealand’s great commercial forests come from? Where did America’s great commercial forests come from? They were both planted in the Great Depression by the unemployed.

The American Civilian Conservation Corps is a textbook case of turning the economy around by turning people’s lives around.

Throughout America, these groups planted trees, built roads and improved both their lives and the lives of their descendants.

Labour embraced the Conservation Corp idea in our last manifesto. For Labour, the Conservation Corp has always been about skills and training, with the community benefitting. I’ll bet someone will claim that National’s already proposed this. Nonsense. What National wants is to punish the poor and prepare them for a life of dead-end jobs as lowly servants of the rich and powerful.

Instead of merely paying the dole to fit young people, Labour’s Conservation Corps plan includes education and training that will take them on to sustainable employment. I’d like to see them earning a living wage in return for a fair day’s work.

They could learn structure, discipline and life skills. They could then be sent out to do the work that’s currently not being done, from planting trees to disaster relief. Imagine, for example, the difference it would have made if we had had 5000 fit young people available for disaster relief after the Christchurch quake.

New Zealanders loved the Student Volunteer Army and the Farmy Army that helped clean up Christchurch.  However, the famers and the students soon had to go back to work. Imagine the difference a full time group would have made?

It’s not just the country that would have benefited, either. Hard work is a great healer for unemployed lives.  With training, this same army could now be rebuilding the houses that the Christchurch people so desperately need.

But for now, New Zealand needs more forests. If we could replant some of our unproductive land into forests, we could create one of the world’s greatest carbon sinks. We could create thousands of jobs planting trees, and thousands more processing the timber in a few years.

These new forests could be placed in trust for the benefit of future generations, and New Zealand could be on its way towards becoming carbon neutral.

However, there’s a deeper problem with our current forestry sector: most of the timber simply gets shipped overseas for processing. This robs New Zealanders of jobs and export revenue.

Because many of our best forests are overseas owned, by companies that have absolutely no interest in New Zealand jobs.

Labour  is keen to see higher levels of value added in our primary sector, and as Economic Development Spokesperson I am going to be pushing to get New Zealand logs processed in New Zealand mills.

CONCLUSION

While politicians squabble about balancing the government’s books, our ship is in dangerous waters.

The Labour Party is not your enemy.

Your enemy is inefficiency, corruption, and the wastage of both public and private wealth.

Your enemy is a cosy corruption that helps a few friends of the government get very rich at the expense of the community, including most of the business community.

The three pillars of our survival are investment, innovation and education.

An educated population that earns decent wages will work in your factories and offices, will buy your products, and invest in your shares.

Even as we speak, the global crisis deepens. We cannot solve the crisis of the present by repeating the failures of the past.

New Zealand rose to the challenge of the Great Depression and emerged as a prosperous and functional democracy that was the envy of the world.

There are no winning sides on a sinking ship. While we squabble on the deck, our situation grows graver every day.

Our ship cannot sail itself. We can’t wait for the crisis to overwhelm us before we respond.

A global economic tsunami could sink us. We have to work as a team; rather, we have to work as a crew, remembering that we’re all in this together. We all prosper together or we all sink together.

Thank you.

79 comments on “Cunliffe attacks Nats’ crony capitalism ”

  1. Socialist Paddy 1

    I just posted this in open mike and may as well post it here.

    Wow, a politician actually analyzing things and saying it the way it is.  And no sugar coating.

    Brave speech.

    Cunliffe wants to regulate financial markets, he wants us to keep and build our assets, he wants to provide work for everyone, and he wants the state to be smart and to invest in education and research. 

    He is even talking about a Tobin tax.

    He definately does not want to leave our future to the market and he makes a pretty compelling case against doing so.

    No wonder the right wing hate him so much.

    • Draco T Bastard 1.1

      And I’m going to say the same thing that I said in Open Mike. Cunliffe makes all the right noises but the underlying message is still more growth, more over production, more exports – none of which is sustainable. Yes, build up our capabilities but only to such an extent that we can provide for ourselves and keep it within the limits set by the environment.

      • Socialist Paddy 1.1.1

        I don’t disagree Bastard.
         
        If the growth is of the right kind it may be sustainable but persuading the human race of this is a big ask.
         
        At least Cunliffe is talking about a Tobin Tax.  For a senior member of a mainstream to do so is pretty unusual.

    • Georgecom 1.2

      Agreed that it is good to see discussion about a Financial Services Tax. More is needed however Cunliffe is leading the Labour debate about building a new system of economy. Its not the end but is a good start.

      • mickysavage 1.2.1

        I think it is the biggest start.  If you want a financial system that starts to address the excessive wealth that the top 1% has then you need to start clipping the ticket every time they send their wealth around.

        • darkhorse 1.2.1.1

          It would have a far wider and more beneficial effect than that – a 1% financial transaction tax creates “friction” that kills profit in parasitic economic activity like ultra-highspeed margin trading and also will hit currency speculators as well.  Interestingly enough Bill English commented on this as being a good idea a year or so back (every now and then Bill seems to have a spark of insight – it soon dies but at least it sparks)

          The taxation system needs to be spread across all “factors” of the economy.  At present labour is heavily taxed while capital land and resources escape from contributing to the cost overhead of running society.  Effectively this is a tariff on the cost of labour and a subsidy on the cost of capital.

          Cunliffe is taking the first brave and intelligent step in the direction that will haul our carcases out of the train wreck that is about to happen.   

      • Peter 1.2.2

        Cunliffe is one of the few who knows how to address complicated issues in a way that non-experts can understand. A rare gift!

  2. vto 2

    it is indeed refreshing to see a spade being called a spade

    more

    • Herodotus 2.1

      Funny how this dpeack was phrased levelling the caused by asdociation St national. The demise of finance coys was due to poor governance that was the responsibility of a govt agency, the cost to nz for leaky homes, emigration. We should learn from history, then how come the untaxed wealth that was created in 84-87 and in the 2000-07 was under which party?
      How can we believe that such rhetoric is matched by action ?
      The worker has seen much of the rewards of their labour be sifened off refer to graph of the workers share of GDP.
      No ownership of the past, so how can we learn if we don’t take ownership of being the cause.

      • Chris 2.1.1

        What does your first sentence mean? I really can’t follow it sorry

      • Dr Terry 2.1.2

        Herodotus, I am not sure what is your natural language, which makes it harder to comprehend exactly what you are talking about. I hope YOU know what you are talking about, for the brilliant Cunliffe sure knows his stuff! You complain of rhetoric? If I have got that right, then you certainly must despise John Key! However, I might have got you wrong, I am badly in need of a translator.
        I imagine such a sensational speech could not be improved upon in these comments, but answered conceivably by mumbo jumbo from those not intelligent enough to understand it.

      • bbfloyd 2.1.3

        wow… that speech really rattled your fantasies heroless….. that has to be the most incoherent rant you’ve put up for weeks!!

        • Herodotus 2.1.3.1

          Sure the speech reads well yet given labours past performances one must question the sincerity. As many of these issued that are referred to we issues when labour was last in power e.g emigration, unaffodabilty of housing, untaxed wealth. Pre last election we were told to wait for labour policy keeping powder dry, yet there were no answers or real depth of policy just Gst off f&v etc.
          And BBF I have little reason to support nationals response to nz problems.
          And I still require help bring able to review before sending using a phone instead of computer.

      • Labour has its problems, but they are vanishing small compared to National’s. We can talk about fair trade, sustainable job creation, zero-sum economics, and insufficient rollback of National policies if you want, but none of those are a reason to vote any further to the right than Labour.

        • Murray Olsen 2.1.4.1

          I can see plenty of reasons to not vote as far right as Labour. I think they’ll gag Cunliffe sooner rather than later and keep trying to dress Shearer as leadership material of National Lite.

          • Ad 2.1.4.1.1

            Unless we stop them. I don’t like it but without Cunliffe speaking like this, or indeed without Cunliffe, Labour really would struggle to govern with a spine.

            • Herodotus 2.1.4.1.1.1

              Taken from above “It’s because a large percentage of our economic assets are overseas-owned.
              For example, when the Australian-owned banks make billions in profits here, that money isn’t returned to New Zealanders. The money goes straight back overseas.”
              And why are our assets foreign owned? Because we have trading and current account deficits. We borrow to pay for our life style. So how does anyone suggest we reverse this trend? Spend less which will result in net savings (but reduced living stds), increase our international trade or a mixture of both. And should we go along achieving this it will result in increased inflation = increased interest rates to temper activity, or to cut spending which will result in reduced domestic activity.
              So how do we do this?
              http://www.tradingeconomics.com/new-zealand/balance-of-trade
              http://www.tradingeconomics.com/new-zealand/current-account

              • Colonial Viper

                And why are our assets foreign owned? Because we have trading and current account deficits. We borrow to pay for our life style.

                You’ve put the cart before the horse here.

                Our current account deficit is fueled by the likes of Telecom, Contact and Westpac sending their earnings offshore, not the other way around.

                • Herodotus

                  Yet I take it that you accept the reverse our coys, pension funds EQC doing the same?
                  Everyone wants us to be net savers but are incapable on giving us the means to do so, and as long as we expect to maintain our standard of living and what joys consumerism brings we will continue to be dependent on borrowing offshore.

              • Draco T Bastard

                And why are our assets foreign owned?

                Because the government at the time sold the bloody things when they didn’t have to, shouldn’t have and certainly shouldn’t have opened up NZ to foreign ownership.

                So how does anyone suggest we reverse this trend?

                By doing what the Treasury type economists tell us not to – building our own economy up through the use of our resources, by building up our people’s skills and trading only in completed products.

                Spend less which will result in net savings (but reduced living stds), increase our international trade or a mixture of both.

                How about neither. Monetary savings are delusional and increasing exports will only make us poor as we lose the resources we need to maintain ourselves.

                And should we go along achieving this it will result in increased inflation = increased interest rates to temper activity, or to cut spending which will result in reduced domestic activity.

                Ban interest rates, they’re useless at the job that they’re supposed to do – limiting the use of scarce resources – and end up only transferring the wealth of the country to the rich.

                As for spending, we spend* only enough to keep the population at a reasonable living standard.

                * Spend = use of limited resources

                • Herodotus

                  So your solution is to expect a dramatic decrease in our living standard a decrease in
                  Life expectancy as we are forced to live on less than we earn internationally. Less as we have to service our debt and live on the residual ?

                  • Draco T Bastard

                    Nope, maintaining living standard doesn’t require us to produce as much as we can, only as much as we need.

                  • KJT

                    There is no need for most New Zealanders to drop their living standards.

                    In case you havn’t noticed they are not that high for most.
                    Median wage almost half that of Denmark’s.

                    We need to stop subsidising the living standards of the wealth stealers.
                    Most of whom reside offshore, anyway.

                    • Colonial Viper

                      There is no need for most New Zealanders to drop their living standards.

                      A lot of NZers will have to give up a lot of their consumption of material shit.

                      – 12L/100km Holdens and Falcons.
                      – Honda and Toyota hybrid vehicles
                      – 46″ flat screen TVs
                      – Holiday flights overseas
                      – iPhones replaced every 18 months
                      – anything using Italian marble
                      – meals containing ingredients from more than 500km away.
                      – the list goes on.

                    • Draco T Bastard

                      Well, yeah but they don’t actually make a difference to living standards no matter what the advertisers say.

              • KJT

                Bullshit.

                Our trade balance in real goods and services is positive. It always has been.

                Profits, from infrastructure sold offshore, off shoring almost all our jobs, and financial borrowing is the reason for the deficit.

                First answer is to stop borrowing offshore to buy assets wholly produced in the internal economy. The banks pushing up local house prices for instance.

                Second. Own our own essential infrastructure.

                Third. Stop killing internal manufacturing for the sake of wholly illusory “free trade” benefits for the primary sector. We killed our local productive businesses with the stupid idea that if we freed up our markets totally the countries we trade with would follow suit. Unfortunately for us, they are not that thick.

                Fourth. Cut subsidies for fossil fuel and other polluters. Giving the sustainable energy and production sectors room to grow. Cut some of the billion a year paid for fuel imports. One thing where Muldoon had the right idea. He was just 30 years too soon. And got unfortunately, conned by the IMF into offshore borrowing.

                Fith. Tax profits, capital gains and financial services in proportion to their share of the economy.

                Sixth. Bring back trade unions, so New Zealanders have enough wages to save and invest.

                • KJT

                  Seventh. Have a plan. Instead of “leave it to the market”.
                  A business manager who left it to the market would be sacked. Why do we accept this garbage from our Government?

                  It will probably mean Government finance for sustainable energy, housing and other investment for the future where the private sector has failed.

                  Tax and spend, and printing money, to lend to ourselves, is exactly what we need to do. Worked in the 30’s.

                  • KJT

                    In fact. Just ask for treasuries advice, and do the opposite!

                    • Herotodus

                      Very amusing, then following you advice we still can extract value out of treasury.
                      KJT sure we may have a real goods surplus, yet as $ leave nz we are still being bleed dry. We still need to pay to service our debt and pay off the principle = spending less than we earn. So how do we achieve this ? Everyone can see the problem but no real solutions that can be implemented, or the effects on NZ. That is my issue with david’s speech here.

                    • Draco T Bastard

                      We still need to pay to service our debt and pay off the principle

                      Actually, we don’t.

                      The risk when loaning out money is that it won’t be returned.

                      We can, and probably should, default.

                    • KJT

                      Just given you some solutions. If you read them.

                      Stop selling income earning assets is another. Like a builder selling his tools, to the opposition, to pay this weeks groceries.

  3. deuto 3

    Thanks James. I was hoping that we would have a post on the speech, but when this hadn’t happened, I posted a link to the speech in Open Mike.

    From my quick read (need/want to reread it to take it all in), I thought it was an excellent speech, particularly courageous in the lion’s den, and offers a lot of thought to a way forward. Just hoping that others in the Labour camp will take it up. But, unfortunately, not holding my breath.

  4. fatty 4

    I see this as just a cynical slight of hand from Labour. Why do they choose an incompetent noddy as their leader when they could have chosen Cunliffe?
    This kind of talk from Cunliffe does not inspire me at all, it does the opposite, it pisses me off.
    Labour have failed NZ since 1984 and they should be held accountable. What Cunliffe has stated should only be the beginning, Labour needs to do so much more.
    Currently, Labour has a detached leader strumming his way around the country and being nothing more than a bumbling fool…Cunliffe’s words are nothing special, nothing revolutionary…all they do is expose what a pathetic party Labour has now become. Shearer needs to do NZ a favour and step down. Then Cunliffe can build on these statements and make Labour useful again.
    Labour’s current good-cop vs bad-cop routine is an insult to our intelligence, either Cunliffe needs to walk-the-walk by leaving the party, or STFU…or Shearer could go back to his charity work…this current Labour circus is a joke…and we are the punchline.

    • Pete 4.1

      Cunliffe’s words are nothing special, nothing revolutionary

      If you want a revolution, maybe parliamentary democracy isn’t for you. Perhaps you can set yourself up as the Robespierre of what is and what isn’t left enough. I’m going to stick with what Michael Joseph Savage said when Labour won in 1935:

      “We have no desire to raise ourselves at your expense. Our object in life is to cooperate with you. To find out what you think, and to go on to do the work of building a prosperous nation. A free nation, or a nation of free peoples in these southern seas.”

      • Shona 4.1.1

        Hmmmm….. Robespierre was a brilliant man before his meltdown when it all got too bloody.
        The guillotine is a very attractive looking piece of equipment these days with thieving scum like National running the country into slavery and despair.

      • We got a revolution from 1984-88. It can happen. =/

        • ad 4.1.2.1

          Probably an unhelpful term.
          As would be anything ending with “…Spring”.
          Or “Great leap Forward”, “Masterplan”, “Vision”, “10 Year Plan”, or “Bloated series of abstract nouns like Obama would deliver”

          It’s simply the scale of what must happen to get this country upright again.

          • fatty 4.1.2.1.1

            “Probably an unhelpful term.”

            You can thank Pete for that unhelpful term…he twisted my post around to make it seem as through I was talking about a ‘revolution’.
            Nobody was talking about a revolution…I said “Cunliffe’s words are nothing special, nothing revolutionary”. I was obviously talking about a change of direction, not a revolution…it was a misread from Pete that should never have been acknowledged.
            As usual, DTB has it right: http://thestandard.org.nz/cunliffe-attacks-nats-crony-capitalism/comment-page-1/#comment-482687

    • tc 4.2

      Patience Fatty Shearer can’t be challenged until Sept and if he fails to capitalise on sideshow John’s imploding bunch of corrupt cronies then Cunliffe should challenge him but till then he’ll toe the line.

      If he fails I reckon defect to the greens as an electorate MP as he’s not appreciated or valued by mallard and the muppets who probably fear him as he’s zoomed past them in terms of ability and achievement (telecom unbundling).

      • bbfloyd 4.2.1

        I’m assuming the fat one knows david shearer personally?? otherwise that was just an ignorant, childish rant that he should be embarrassed by……

        we still don’t seem to get it, do we boys and girls…… the ability to talk for hours without saying anything, and having no scruples when it comes to misrepresenting reality to gain “political” advantage are NOT traits that qualify anyone for leadership….

        i suggest reading the WHOLE speech….. in particular, the paragraph dealing with david’s assessment of shearers skill set in relation to what is going to be required to drag us back from the escalation descent into the third world this govt is leading us down….

        it seems that david cunliffe is smart enough to see that having a blowass as leader doesn’t “fix” anything….. so he is using his undoubted oratory skills to best effect as a member of the party that he knows will have the job of, once more cleaning up the pile of dog shit left by this cabal of asset strippers….

        future leader? certainly….. but shearer has the right track record for the times…. cunliffe will make a great leader one day…. but there’s a job to do now… and he has the right job to be a major part of the recovery process……..what the future holds for him is best left to the future….

        we need to stop whining about irrelevancies , and get back to the important stuff….

        • ad 4.2.1.1

          Right with you there bbfloyd. Not a leadership speeech or anything to do with it.

          It’s stating in the sharpest possible terms for Labour’s current ideological spectrum that (to join the dots) we’ve done this before in response to the Depression, we are close to one again, and the comparable countries that survive this like Denmark are spectacularly focussed on what they are doing.

          I do think he will continue to push and solidify the progressive side of Labour, which is where any tension might be if there is any. That’s not unreasonable to have this debate 2.5 years out from election.

          It didn’t go down too badly with the audience, but no raptures either. More jokes next time I think.

          We still need more.

        • fatty 4.2.1.2

          “I’m assuming the fat one knows david shearer personally??”

          Oh, I see, since I don’t know god’s gift to boredom, that means I can’t have an opinion on him? Almost zero percent of voters will know politicians personally.

          “but shearer has the right track record for the times”

          What track record is that? Please don’t give me a rundown on his UN humanitarian ‘achievements’ …the UN might be seen as something special to the average Kiwi, but for most people in this world they are seen as the dodgy world police who perpetuate neo-colonialism and suffering.

          Labour needs to decide what it wants to be, this neoliberal, nonsensical, thirdway drivel is a bit worn out…and Cunliffe on the side, trying to seduce the disenfranchised is a bit condescending, don’t you think?

          • Carol 4.2.1.2.1

            Labour needs to decide what it wants to be, this neoliberal, nonsensical, thirdway drivel is a bit worn out…and Cunliffe on the side, trying to seduce the disenfranchised is a bit condescending, don’t you think?

            Yes, I agree Labour should be taking a strong left wing position and ditching the centre-right compromises with monetarism etc I’m glad Cunliffe’s putting his speeches out there for discussion.

            I’m not sure how things lie between Cunliffe and Shearer right now. Didn’t he get some flack in caucus for his first speech? I’m not sure whether his speeches are OK with Shearer or if Cunliffe is testing the water to see how far he can go in his own direction?

            • Georgecom 4.2.1.2.1.1

              I think we are seeing signs of a repudiation of at least some of the third way economics by Labour if you class the third way as neo-liberal economics tied to a mildly progressive social policy. The unfettered nature of financial capital and markets is being questioned, by Cunliffe at least.

              Any change of that magnitude won’t happen quickly in a political party unless the agenda is hijacked as it was with the neo-liberals in 1984. In that instance there was an upswell of neo-liberal alchemists all clamouring for change after years of a Muldoon dam holding back the flow. We don’t have the clamour yet as the mice are still running the cheese factory (into the ground). Popular support for the type of change Cunliffe is espousing is around but it isn’t yet, it seems to me, the dominant narrative.

              It is really good to see talk about an FST starting alongside a capital gains tax. Those conversations need to continue and shape policy. Where Shearer exactly stands is important but it doesn’t stop other forces within the Labour party shaping policy. A successful left party is big enough to allow other persons to shape policy other than the leader.

              One big fly in this ointment is time. Does the Labour Party have enough time to shape its policy and get the public on board before the economic-social-enviro crap really hits the fan. I think we are still not at the point of it really hitting, how far away though I won’t say.

              When it does we need thinking of the left to be far enough along to have a saleable narrative that the nation can see and embrace with some hope. Thats Labour but also the Greens, Mana and whatever other parties can paddle the waka of creating something better. We pull down the rotten national-ACT-neo-liberal edifice but need a compelling alternative to put up in its place.

              That doesn’t mean I necessarily think where Cunliffe is positioning himself is actually the full answer or goes far enough to create the proper society we will need. But, his thinking is headed in the right direction that will hopefully allow some logical progression to the economic-social-enviro framework we will need.

              So I am glad that Cunliffe is raising some of the progressive things we need for NZ. Whether he is leader or not is not such a concern for me as his ability to get some meaningful progressive policy set up by Labour.

              • Ad

                To me that policy contest looks pretty finely balanced within Caucus. Very interesting that Cosgrove this week seemed to support all the measures in the Trans Pacific Partnership. I honestly think that the political economy of Parker and Cunliffe is actually pretty similar. I think there definitely is time to solidify policy, but it really is a task that needs doing.

                The interesting task will be reconciling an economic direction between Labour and the Greens, and I would be strongly in favour of that happening before the next campaign, not during a coalition negotiation. Hopefully that’s in 2014. Not 2017.

    • Dr Terry 4.3

      Fatty, do you actually know some intelligent people? May I respectfully suggest that you change your pseudonym to “Fat Headed”?

      • fatty 4.3.1

        “Fatty, do you actually know some intelligent people?”

        Um…I have no idea what this is supposed to mean.

        “May I respectfully suggest that you change your pseudonym to “Fat Headed”?”

        You can call me whatever you like…
        You put up some good posts here Dr Terry…so I ask you, are you not insulted by they way Labour is portraying itself at the moment? Do you not see Cunliffe as a tease for us who want real change? I fail to see the point of these Cunliffe speeches when Shearer is in charge and leading down another path. If we don’t critique Labour then we can expect more of the same.
        Shearer is trying to seduce the centre and Cunliffe is flirting with those to the left. This is hardly a hint of change, it appears to be just tokenism…I don’t buy it…do you?
        We have had neo-liberal/third-way/big society politics since 1999, and its time we started getting angry over this failure. We should call Cunliffe’s bluff…does he really believe this, or as Tom says below…is he just a pawn of Shearer?

        • ad 4.3.1.1

          If you want to call his bluff on anything, go and do it. He’s usually in his electorate on Friday’s. Check his reality out.

          But just to flag there will be another speech coming up on June 23rd. And it’s straight into Green Party territory: “The Dolphin and the Dole Queue”

          Don’t put the acid on Cunliffe unless you want a straight answer back, because you will get one.

      • Pink postman 4.3.2

        I would suggest “Thick Head” DR.T. I would assume that Fatty has no idea what makes a good leader. For a start he/she must have the caucus’s full support ,which Shearer has . They must be the main voice on policy which Shearer does . I think Shearer will prove to, be an excellent leader in the same mould as Bill Rowling ,which is rather interesting because the political right used exactly the same methods to attack Rowling as they are now with Shearer ( sow seeds of doubt ) this time they will not succeed so expect plan B the personal attacks simular to Muldoons filthy personal attacks on Bill Rowling and Helen Clark. Be ready fellow Lefties
        the second year of the election term is approaching and the personal attack on Labour will be full on. It would also be interesting to know
        what position Thick head Fatty holds in the National party or ACT.

        • fatty 4.3.2.1

          “I would assume that Fatty has no idea what makes a good leader”

          One that is different from the opposition

        • ad 4.3.2.2

          You know it’s odd but Shearer is growing on me slowly. A slow growth, but it could be contagious.

          Mind you, I see Cunliffe finally crept into the Preferred Prime Minister poll from TV3 this week.

  5. Tom Gould 5

    Clever of Shearer to give Cunliffe the job of running up the flag on this stuff. See who salutes it. See who spits on it. Very clever indeed.

    • ad 5.1

      Can you really detect that degree of sophistication or cynicism from this lot? I can’t.

      I think Labour broadly speaking are just happy to watch each successive tree in National’s forest fall.

    • LOL. Labour has never been at risk of running too far to the left. This is perfectly centrist stuff, as always, and more sensible than sensational.

  6. bbfloyd 6

    tom.. that presupposes an approach the nats would take….. do you know just what shearers motivations are for a fact? Or is this just another reactionary assumption based on a narrow world view?

  7. insider 7

    So what was new and concrete in there? He seemed mainly have a rather rosy view of the US response to the depression and to rehash the policies that were rejected at the last election, and he said there needed to be more regulation of the finance sector -couldn’t bring himself to say exactly what that regulation might be and what it might achieve, but he seems pretty sure we need more of it. He’s also very keen on the conservation corps and planting lots and lots of trees.

    • Draco T Bastard 7.1

      Planting lots of trees is needed as we need riparian planting and fencing on every water way in NZ. Especially the ones going through farms so that we can start on the necessary clean up of the pollution caused by excess farming.

      He’s also talking about building up infrastructure and boosting R&D. All sensible policies and my only gripe is that he’s talking about growth as if it’s sustainable when it’s not.

      There was a hell of a lot in the speech and yet you seem to have focussed down on one aspect of it. I have noticed that you do this quite often when critiquing anything. Is that because you’re incapable of having more than one thought at a time?

      • insider 7.1.1

        Nice that you pay so much attention. I’m flattered.

        I focused on the one concrete idea he seemed to be offering. and that’s the point: everything you mentioned was general wish list or existing labour policy. That doesn’t make a great speech in my book, even if he called key a rich prick and called unnamed people cronies.

        Where’s the detail about what infrastructure he wants to invest in,? How much is he wanting to spend on r&d? How’s he going to fund it? Not even a hint on them or when that detail wll be forthcoming.

        • Draco T Bastard 7.1.1.1

          Nice that you pay so much attention.

          Actually, I pay very little attention but repeat behaviour even gets through to me eventually.

          Where’s the detail about what infrastructure he wants to invest in,?

          It was a speech setting vision and direction you moron, not a detailed economic blueprint.

          • insider 7.1.1.1.1

            I don’t consider it paticularly visionary or brave or great speechifying to restate policy they went into the last election with (much of it also national’s btw). he couldn’t even bring himself to say they would do more state houses -something youd think was core labour policy – even though he says that was a key depression fighting policy. But he did commit to more trees.

            • ad 7.1.1.1.1.1

              You have admirably high standards for a visionary speech.

              Pull out any of the best from Lange, Bolger or even TW Roosevelt. Compare. He’s not reaching for oratory, sure. But he’s saying he’s ready to organise the New Zealand economy and stating how to do it.

              That’s reasonably fresh compared to say any speech from any New Zealand politiciain in the last five years I will warrant you.

        • tracey 7.1.1.2

          yu must hate reading or lgistening to nation if you r looking for actual plans

        • tracey 7.1.1.3

          you must hate reading or listening to national if you ar looking for actual plans

    • Colonial Viper 7.2

      He seemed mainly have a rather rosy view of the US response to the depression

      Rosier than bleeding out an accident victim at least, which is what austerity and forcing more debt on to sovereigns are doing for Europe.

      • KJT 7.2.1

        Well. The new deal worked, as did our response at the time.

        I am still waiting for someone to provide an example of austerity working?

        • Murray Olsen 7.2.1.1

          Austerity works at what it’s designed to do – move a greater proportion of wealth to the already rich.

    • ad 7.3

      Naturally he can’t announce new policy, 2.5 years out from an election. That wasn’t its purpose nor the place for it. The job was to show that he and Labour are ready to reorganise the economy, they know how bad it is and what has worked in the past, and open the door on 2014 they have a framework to do it.

      As for describing the Depression, the point was to show the severity of it in the US like so …:

      “By 1933, 11,000 of the United States’ 25,000 banks had failed. That’s nearly half.

      People had no money, so they couldn’t buy manufactured goods. Because people stopped buying manufactured goods, factories closed down. Because factories closed down, workers got fired. Because workers got fired, they couldn’t buy manufactured goods.

      And so it went on, and on, and on, until, by 1933, nearly 13 million Americans were unemployed. That was a quarter of the total workforce.”

      …and then show New Zealand’s similarly strong New Deal response had actually altered our economic destiny here, for decades.

      Since it was 40 minutes long, there wasn’t room to go into more detail. It packed enough in by itself don’t you agree?

    • Colonial Viper 8.1

      Bright new fad theories expounded by academics wanting their PhDs and their publications.

  8. jack 9

    I agree with Cunliffe about regulating banks. Reagan destroyed the US, probably one of the worst presidents, by deragulating banks and then banks taking the risks with investors money and giving themselves billion dollar bonuses. First started off with savings and loans in the 80’s and then derivative trader (Wasn’t Key the head of derivatives in Europe for Merril Lynch? Yes) in the 90’s and finally collapsed in 2007. Of all people running the country at the worse time….. a derivatives trader.. Kiwi’s need to wake up and fast.

  9. Dan 10

    Great stuff. Get that idealism and pragmatic solutions out to the voting and (last election) non-voting public.

  10. KhandallahMan 11

    I have it on good authority that Trevor Mallard actually wrote this speech but is too shy to give it in public himself.   Trevor is a bit worried that his “bloke” image would be ruined if it got out that he has read a history book. Cunliffe should fess up and give Mallard the credit. 

  11. ghostwhowalksnz 12

    David is over-egging the amount of infrastructure that was built in the 30s and 40s’
    It was the 50s and 60s that the most of the North Island hydro and electricity infrastructure was built. Same for Aucklands water supply.

  12. tracey 13

    The problm with pref pm polls is you dont get to choose yours but one from the pollsters list

  13. Richard McGrath 14

    Cunliffe trots out the same tired myths about the Great Depression. Roosevelt was elected on promises of reversing the high taxes and massive spending policies of Hoover (who, for some reason, Cunliffe et al regard as “non-interventionist”). Roosevelt then broke all his promises and upped the level of government regulation and control over the American people, with predictable results.

    A very telling quote came from Roosevelt’s Treasury Secretary Henry Morgenthau in 1939, after eight years of socialist policies:

    “[W]e have tried spending money. We are spending more than we have ever spent before and it does not work. …I say after eight years of this Administration we have just as much unemployment as when we started… And an enormous debt to boot!”

    A good example of a relatively laissez-faire U.S. President was Warren Harding, who cut taxes and government spending in the face of a depression in 1920 greater than that of 1929, allowing the economy to recover in less than a year.

    The problem with socialism is that you run out of other people’s money.

  14. Max Moss 15

    This was an outstanding speech by David Cunliffe.  He covered all the issues and articulated clear proposals for a saner, more prosperous, more equal society.  This Saturday (June 23, 1 pm,) he takes on the Greens at the Titirangi War Memorial Hall.  I’ve wondered if Labour is “green” enough for my tastes.  I’ll be there to hear Cunliffe.  Saturday’s speech is “The Dolphin and the Dole Que, What would Labour do on the Economy and the Environment?”

Recent Comments

Recent Posts

  • The ‘Humpty Dumpty’ end result of dismantling our environmental protections
    Policymakers rarely wish to make plain or visible their desire to dismantle environmental policy, least of all to the young. Photo: Lynn GrievesonTL;DR: Here’s the top five news items of note in climate news for Aotearoa-NZ this week, and a discussion above between Bernard Hickey and The Kākā’s climate correspondent ...
    The KakaBy Bernard Hickey
    45 mins ago
  • Nicola's Salad Days.
    I like to keep an eye on what’s happening in places like the UK, the US, and over the ditch with our good mates the Aussies. Let’s call them AUKUS, for want of a better collective term. More on that in a bit.It used to be, not long ago, that ...
    Nick’s KōreroBy Nick Rockel
    1 hour ago
  • Study sees climate change baking in 19% lower global income by 2050
    TL;DR: The global economy will be one fifth smaller than it would have otherwise been in 2050 as a result of climate damage, according to a new study by the Potsdam Institute for Climate Impact Research (PIK) and published in the journal Nature. (See more detail and analysis below, and ...
    The KakaBy Bernard Hickey
    2 hours ago
  • Weekly Roundup 19-April-2024
    It’s Friday again. Here’s some of the things that caught our attention this week. This Week on Greater Auckland On Tuesday Matt covered at the government looking into a long tunnel for Wellington. On Wednesday we ran a post from Oscar Simms on some lessons from Texas. AT’s ...
    3 hours ago
  • Jack Vowles: Stop the panic – we’ve been here before
    New Zealand is said to be suffering from ‘serious populist discontent’. An IPSOS MORI survey has reported that we have an increasing preference for strong leaders, think that the economy is rigged toward the rich and powerful, and political elites are ignoring ‘hard-working people’.  The data is from February this ...
    Democracy ProjectBy bryce.edwards
    4 hours ago
  • Clearing up confusion (or trying to)
    Foreign Minister Winston Peters is understood to be planning a major speech within the next fortnight to clear up the confusion over whether or not New Zealand might join the AUKUS submarine project. So far, there have been conflicting signals from the Government. RNZ reported the Prime Minister yesterday in ...
    PolitikBy Richard Harman
    6 hours ago
  • How to Retrieve Deleted Call Log iPhone Without Computer
    How to Retrieve Deleted Call Log on iPhone Without a Computer: A StepbyStep Guide Losing your iPhone call history can be frustrating, especially when you need to find a specific number or recall an important conversation. But before you panic, know that there are ways to retrieve deleted call logs on your iPhone, even without a computer. This guide will explore various methods, ranging from simple checks to utilizing iCloud backups and thirdparty applications. So, lets dive in and recover those lost calls! 1. Check Recently Deleted Folder: Apple understands that accidental deletions happen. Thats why they introduced the Recently Deleted folder for various apps, including the Phone app. This folder acts as a safety net, storing deleted call logs for up to 30 days before permanently erasing them. Heres how to check it: Open the Phone app on your iPhone. Tap on the Recents tab at the bottom. Scroll to the top and tap on Edit. Select Show Recently Deleted. Browse the list to find the call logs you want to recover. Tap on the desired call log and choose Recover to restore it to your call history. 2. Restore from iCloud Backup: If you regularly back up your iPhone to iCloud, you might be able to retrieve your deleted call log from a previous backup. However, keep in mind that this process will restore your entire phone to the state it was in at the time of the backup, potentially erasing any data added since then. Heres how to restore from an iCloud backup: Go to Settings > General > Reset. Choose Erase All Content and Settings. Follow the onscreen instructions. Your iPhone will restart and show the initial setup screen. Choose Restore from iCloud Backup during the setup process. Select the relevant backup that contains your deleted call log. Wait for the restoration process to complete. 3. Explore ThirdParty Apps (with Caution): ...
    8 hours ago
  • How to Factory Reset iPhone without Computer: A Comprehensive Guide to Restoring your Device
    Life throws curveballs, and sometimes, those curveballs necessitate wiping your iPhone clean and starting anew. Whether you’re facing persistent software glitches, preparing to sell your device, or simply wanting a fresh start, knowing how to factory reset iPhone without a computer is a valuable skill. While using a computer with ...
    14 hours ago
  • How to Call Someone on a Computer: A Guide to Voice and Video Communication in the Digital Age
    Gone are the days when communication was limited to landline phones and physical proximity. Today, computers have become powerful tools for connecting with people across the globe through voice and video calls. But with a plethora of applications and methods available, how to call someone on a computer might seem ...
    15 hours ago
  • Skeptical Science New Research for Week #16 2024
    Open access notables Glacial isostatic adjustment reduces past and future Arctic subsea permafrost, Creel et al., Nature Communications: Sea-level rise submerges terrestrial permafrost in the Arctic, turning it into subsea permafrost. Subsea permafrost underlies ~ 1.8 million km2 of Arctic continental shelf, with thicknesses in places exceeding 700 m. Sea-level variations over glacial-interglacial cycles control ...
    15 hours ago
  • Where on a Computer is the Operating System Generally Stored? Delving into the Digital Home of your ...
    The operating system (OS) is the heart and soul of a computer, orchestrating every action and interaction between hardware and software. But have you ever wondered where on a computer is the operating system generally stored? The answer lies in the intricate dance between hardware and software components, particularly within ...
    16 hours ago
  • How Many Watts Does a Laptop Use? Understanding Power Consumption and Efficiency
    Laptops have become essential tools for work, entertainment, and communication, offering portability and functionality. However, with rising energy costs and growing environmental concerns, understanding a laptop’s power consumption is more important than ever. So, how many watts does a laptop use? The answer, unfortunately, isn’t straightforward. It depends on several ...
    16 hours ago
  • How to Screen Record on a Dell Laptop A Guide to Capturing Your Screen with Ease
    Screen recording has become an essential tool for various purposes, such as creating tutorials, capturing gameplay footage, recording online meetings, or sharing information with others. Fortunately, Dell laptops offer several built-in and external options for screen recording, catering to different needs and preferences. This guide will explore various methods on ...
    16 hours ago
  • How Much Does it Cost to Fix a Laptop Screen? Navigating Repair Options and Costs
    A cracked or damaged laptop screen can be a frustrating experience, impacting productivity and enjoyment. Fortunately, laptop screen repair is a common service offered by various repair shops and technicians. However, the cost of fixing a laptop screen can vary significantly depending on several factors. This article delves into the ...
    16 hours ago
  • How Long Do Gaming Laptops Last? Demystifying Lifespan and Maximizing Longevity
    Gaming laptops represent a significant investment for passionate gamers, offering portability and powerful performance for immersive gaming experiences. However, a common concern among potential buyers is their lifespan. Unlike desktop PCs, which allow for easier component upgrades, gaming laptops have inherent limitations due to their compact and integrated design. This ...
    16 hours ago
  • Climate Change: Turning the tide
    The annual inventory report of New Zealand's greenhouse gas emissions has been released, showing that gross emissions have dropped for the third year in a row, to 78.4 million tons: All-told gross emissions have decreased by over 6 million tons since the Zero Carbon Act was passed in 2019. ...
    No Right TurnBy Idiot/Savant
    17 hours ago
  • How to Unlock Your Computer A Comprehensive Guide to Regaining Access
    Experiencing a locked computer can be frustrating, especially when you need access to your files and applications urgently. The methods to unlock your computer will vary depending on the specific situation and the type of lock you encounter. This guide will explore various scenarios and provide step-by-step instructions on how ...
    18 hours ago
  • Faxing from Your Computer A Modern Guide to Sending Documents Digitally
    While the world has largely transitioned to digital communication, faxing still holds relevance in certain industries and situations. Fortunately, gone are the days of bulky fax machines and dedicated phone lines. Today, you can easily send and receive faxes directly from your computer, offering a convenient and efficient way to ...
    18 hours ago
  • Protecting Your Home Computer A Guide to Cyber Awareness
    In our increasingly digital world, home computers have become essential tools for work, communication, entertainment, and more. However, this increased reliance on technology also exposes us to various cyber threats. Understanding these threats and taking proactive steps to protect your home computer is crucial for safeguarding your personal information, finances, ...
    18 hours ago
  • Server-Based Computing Powering the Modern Digital Landscape
    In the ever-evolving world of technology, server-based computing has emerged as a cornerstone of modern digital infrastructure. This article delves into the concept of server-based computing, exploring its various forms, benefits, challenges, and its impact on the way we work and interact with technology. Understanding Server-Based Computing: At its core, ...
    18 hours ago
  • Vroom vroom go the big red trucks
    The absolute brass neck of this guy.We want more medical doctors, not more spin doctors, Luxon was saying a couple of weeks ago, and now we’re told the guy has seven salaried adults on TikTok duty. Sorry, doing social media. The absolute brass neck of it. The irony that the ...
    More Than A FeildingBy David Slack
    18 hours ago
  • Jones finds $410,000 to help the government muscle in on a spat project
    Buzz from the Beehive Oceans and Fisheries Minister Shane Jones relishes spatting and eagerly takes issue with environmentalists who criticise his enthusiasm for resource development. He relishes helping the fishing industry too. And so today, while the media are making much of the latest culling in the public service to ...
    Point of OrderBy Bob Edlin
    19 hours ago
  • Again, hate crimes are not necessarily terrorism.
    Having written, taught and worked for the US government on issues involving unconventional warfare and terrorism for 30-odd years, two things irritate me the most when the subject is discussed in public. The first is the Johnny-come-lately academics-turned-media commentators who … Continue reading ...
    KiwipoliticoBy Pablo
    22 hours ago
  • Despair – construction consenting edition
    Eric Crampton writes – Kainga Ora is the government’s house building agency. It’s been building a lot of social housing. Kainga Ora has its own (but independent) consenting authority, Consentium. It’s a neat idea. Rather than have to deal with building consents across each different territorial authority, Kainga Ora ...
    Point of OrderBy poonzteam5443
    22 hours ago
  • Coalition promises – will the Govt keep the commitment to keep Kiwis equal before the law?
    Muriel Newman writes – The Coalition Government says it is moving with speed to deliver campaign promises and reverse the damage done by Labour. One of their key commitments is to “defend the principle that New Zealanders are equal before the law.” To achieve this, they have pledged they “will not advance ...
    Point of OrderBy poonzteam5443
    22 hours ago
  • An impermanent public service is a guarantee of very little else but failure
    Chris Trotter writes –  The absence of anything resembling a fightback from the public servants currently losing their jobs is interesting. State-sector workers’ collective fatalism in the face of Coalition cutbacks indicates a surprisingly broad acceptance of impermanence in the workplace. Fifty years ago, lay-offs in the thousands ...
    Point of OrderBy poonzteam5443
    24 hours ago
  • What happens after the war – Mariupol
    Mariupol, on the Azov Sea coast, was one of the first cities to suffer almost complete destruction after the start of the Ukraine War started in late February 2022. We remember the scenes of absolute destruction of the houses and city structures. The deaths of innocent civilians – many of ...
    1 day ago
  • Babies and benefits – no good news
    Lindsay Mitchell writes – Ten years ago, I wrote the following in a Listener column: Every year around one in five new-born babies will be reliant on their caregivers benefit by Christmas. This pattern has persisted from at least 1993. For Maori the number jumps to over one in three.  ...
    Point of OrderBy poonzteam5443
    1 day ago
  • Should the RBNZ be looking through climate inflation?
    Climate change is expected to generate more and more extreme events, delivering a sort of structural shock to inflation that central banks will have to react to as if they were short-term cyclical issues. Photo: Lynn Grieveson / The KākāMy pick of the six newsey things to know from Aotearoa’s ...
    The KakaBy Bernard Hickey
    1 day ago
  • Bernard's pick 'n' mix of the news links
    The top six news links I’ve seen elsewhere in the last 24 hours, as of 9:16 am on Thursday, April 18 are:Housing: Tauranga residents living in boats, vans RNZ Checkpoint Louise TernouthHousing: Waikato councillor says wastewater plant issues could hold up Sleepyhead building a massive company town Waikato Times Stephen ...
    The KakaBy Bernard Hickey
    1 day ago
  • Gordon Campbell on the public sector carnage, and misogyny as terrorism
    It’s a simple deal. We pay taxes in order to finance the social services we want and need. The carnage now occurring across the public sector though, is breaking that contract. Over 3,000 jobs have been lost so far. Many are in crucial areas like Education where the impact of ...
    1 day ago
  • Meeting the Master Baiters
    Hi,A friend had their 40th over the weekend and decided to theme it after Curb Your Enthusiasm fashion icon Susie Greene. Captured in my tiny kitchen before I left the house, I ending up evoking a mix of old lesbian and Hillary Clinton — both unintentional.Me vs Hillary ClintonIf you’re ...
    David FarrierBy David Farrier
    1 day ago
  • How extreme was the Earth's temperature in 2023
    This is a re-post from Andrew Dessler at the Climate Brink blog In 2023, the Earth reached temperature levels unprecedented in modern times. Given that, it’s reasonable to ask: What’s going on? There’s been lots of discussions by scientists about whether this is just the normal progression of global warming or if something ...
    1 day ago
  • Backbone, revisited
    The schools are on holiday and the sun is shining in the seaside village and all day long I have been seeing bunches of bikes; Mums, Dads, teens and toddlers chattering, laughing, happy, having a bloody great time together. Cheers, AT, for the bits of lane you’ve added lately around the ...
    More Than A FeildingBy David Slack
    2 days ago
  • Ministers are not above the law
    Today in our National-led authoritarian nightmare: Shane Jones thinks Ministers should be above the law: New Zealand First MP Shane Jones is accusing the Waitangi Tribunal of over-stepping its mandate by subpoenaing a minister for its urgent hearing on the Oranga Tamariki claim. The tribunal is looking into the ...
    No Right TurnBy Idiot/Savant
    2 days ago
  • What’s the outfit you can hear going down the gurgler? Probably it’s David Parker’s Oceans Sec...
    Buzz from the Beehive Point  of Order first heard of the Oceans Secretariat in June 2021, when David Parker (remember him?) announced a multi-agency approach to protecting New Zealand’s marine ecosystems and fisheries. Parker (holding the Environment, and Oceans and Fisheries portfolios) broke the news at the annual Forest & ...
    Point of OrderBy Bob Edlin
    2 days ago
  • Will politicians let democracy die in the darkness?
    Bryce Edwards writes  – Politicians across the political spectrum are implicated in the New Zealand media’s failing health. Either through neglect or incompetent interventions, successive governments have failed to regulate, foster, and allow a healthy Fourth Estate that can adequately hold politicians and the powerful to account. ...
    Point of OrderBy poonzteam5443
    2 days ago
  • Matt Doocey doubles down on trans “healthcare”
    Citizen Science writes –  Last week saw two significant developments in the debate over the treatment of trans-identifying children and young people – the release in Britain of the final report of Dr Hilary Cass’s review into gender healthcare, and here in New Zealand, the news that the ...
    Point of OrderBy poonzteam5443
    2 days ago
  • A TikTok Prime Minister.
    One night while sleeping in my bed I had a beautiful dreamThat all the people of the world got together on the same wavelengthAnd began helping one anotherNow in this dream, universal love was the theme of the dayPeace and understanding and it happened this wayAfter such an eventful day ...
    Nick’s KōreroBy Nick Rockel
    2 days ago
  • Texas Lessons
    This is a guest post by Oscar Simms who is a housing activist, volunteer for the Coalition for More Homes, and was the Labour Party candidate for Auckland Central at the last election. ...
    Greater AucklandBy Guest Post
    2 days ago
  • Bernard's pick 'n' mix of the news links at 6:06 am
    The top six news links I’ve seen elsewhere in the last 24 hours as of 6:06 am on Wednesday, April 17 are:Must read: Secrecy shrouds which projects might be fast-tracked RNZ Farah HancockScoop: Revealed: Luxon has seven staffers working on social media content - partly paid for by taxpayer Newshub ...
    The KakaBy Bernard Hickey
    2 days ago
  • Fighting poverty on the holiday highway
    Turning what Labour called the “holiday highway” into a four-lane expressway from Auckland to Whangarei could bring at least an economic benefit of nearly two billion a year for Northland each year. And it could help bring an end to poverty in one of New Zealand’s most deprived regions. The ...
    PolitikBy Richard Harman
    2 days ago
  • Bernard's six-stack of substacks at 6:26 pm
    Tonight’s six-stack includes: launching his substack with a bunch of his previous documentaries, including this 1992 interview with Dame Whina Cooper. and here crew give climate activists plenty to do, including this call to submit against the Fast Track Approvals bill. writes brilliantly here on his substack ...
    The KakaBy Bernard Hickey
    3 days ago
  • At a glance – Is the science settled?
    On February 14, 2023 we announced our Rebuttal Update Project. This included an ask for feedback about the added "At a glance" section in the updated basic rebuttal versions. This weekly blog post series highlights this new section of one of the updated basic rebuttal versions and serves as a ...
    3 days ago
  • Apposite Quotations.
    How Long Is Long Enough? Gaza under Israeli bombardment, July 2014. This posting is exclusive to Bowalley Road. ...
    3 days ago
  • What’s a life worth now?
    You're in the mall when you hear it: some kind of popping sound in the distance, kids with fireworks, maybe. But then a moment of eerie stillness is followed by more of the fireworks sound and there’s also screaming and shrieking and now here come people running for their lives.Does ...
    More Than A FeildingBy David Slack
    3 days ago
  • Howling at the Moon
    Karl du Fresne writes –  There’s a crisis in the news media and the media are blaming it on everyone except themselves. Culpability is being deflected elsewhere – mainly to the hapless Minister of Communications, Melissa Lee, and the big social media platforms that are accused of hoovering ...
    Point of OrderBy poonzteam5443
    3 days ago
  • Newshub is Dead.
    I don’t normally send out two newsletters in a day but I figured I’d say something about… the news. If two newsletters is a bit much then maybe just skip one, I don’t want to overload people. Alternatively if you’d be interested in sometimes receiving multiple, smaller updates from me, ...
    Nick’s KōreroBy Nick Rockel
    3 days ago
  • Seymour is chuffed about cutting early-learning red tape – but we hear, too, that Jones has loose...
    Buzz from the Beehive David Seymour and Winston Peters today signalled that at least two ministers of the Crown might be in Wellington today. Seymour (as Associate Minister of Education) announced the removal of more red tape, this time to make it easier for new early learning services to be ...
    Point of OrderBy Bob Edlin
    3 days ago
  • Bryce Edwards: Will politicians let democracy die in the darkness?
    Politicians across the political spectrum are implicated in the New Zealand media’s failing health. Either through neglect or incompetent interventions, successive governments have failed to regulate, foster, and allow a healthy Fourth Estate that can adequately hold politicians and the powerful to account. Our political system is suffering from the ...
    Democracy ProjectBy bryce.edwards
    3 days ago
  • Was Hawkesby entirely wrong?
    David Farrar  writes –  The Broadcasting Standards Authority ruled: Comments by radio host Kate Hawkesby suggesting Māori and Pacific patients were being prioritised for surgery due to their ethnicity were misleading and discriminatory, the Broadcasting Standards Authority has found. It is a fact such patients are prioritised. ...
    Point of OrderBy poonzteam5443
    3 days ago
  • PRC shadow looms as the Solomons head for election
    PRC and its proxies in Solomons have been preparing for these elections for a long time. A lot of money, effort and intelligence have gone into ensuring an outcome that won’t compromise Beijing’s plans. Cleo Paskall writes – On April 17th the Solomon Islands, a country of ...
    Point of OrderBy poonzteam5443
    3 days ago
  • Climate Change: Criminal ecocide
    We are in the middle of a climate crisis. Last year was (again) the hottest year on record. NOAA has just announced another global coral bleaching event. Floods are threatening UK food security. So naturally, Shane Jones wants to make it easier to mine coal: Resources Minister Shane Jones ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • Is saving one minute of a politician's time worth nearly $1 billion?
    Is speeding up the trip to and from Wellington airport by 12 minutes worth spending up more than $10 billion? Photo: Lynn Grieveson / The KākāTL;DR: The six news items that stood out to me in the last day to 8:26 am today are:The Lead: Transport Minister Simeon Brown announced ...
    The KakaBy Bernard Hickey
    3 days ago
  • Long Tunnel or Long Con?
    Yesterday it was revealed that Transport Minister had asked Waka Kotahi to look at the options for a long tunnel through Wellington. State Highway 1 (SH1) through Wellington City is heavily congested at peak times and while planning continues on the duplicate Mt Victoria Tunnel and Basin Reserve project, the ...
    3 days ago
  • Smoke And Mirrors.
    You're a fraud, and you know itBut it's too good to throw it all awayAnyone would do the sameYou've got 'em goingAnd you're careful not to show itSometimes you even fool yourself a bitIt's like magicBut it's always been a smoke and mirrors gameAnyone would do the sameForty six billion ...
    Nick’s KōreroBy Nick Rockel
    3 days ago
  • What is Mexico doing about climate change?
    This is a re-post from Yale Climate Connections The June general election in Mexico could mark a turning point in ensuring that the country’s climate policies better reflect the desire of its citizens to address the climate crisis, with both leading presidential candidates expressing support for renewable energy. Mexico is the ...
    3 days ago
  • State of humanity, 2024
    2024, it feels, keeps presenting us with ever more challenges, ever more dismay.Do you give up yet? It seems to ask.No? How about this? Or this?How about this?When I say 2024 I really mean the state of humanity in 2024.Saturday night, we watched Civil War because that is one terrifying cliff we've ...
    More Than A FeildingBy David Slack
    4 days ago
  • Govt’s Wellington tunnel vision aims to ease the way to the airport (but zealous promoters of cycl...
    Buzz from the Beehive A pet project and governmental tunnel vision jump out from the latest batch of ministerial announcements. The government is keen to assure us of its concern for the wellbeing of our pets. It will be introducing pet bonds in a change to the Residential Tenancies Act ...
    Point of OrderBy Bob Edlin
    4 days ago
  • The case for cultural connectedness
    A recent report generated from a Growing Up in New Zealand (GUiNZ) survey of 1,224 rangatahi Māori aged 11-12 found: Cultural connectedness was associated with fewer depression symptoms, anxiety symptoms and better quality of life. That sounds cut and dry. But further into the report the following appears: Cultural connectedness is ...
    Point of OrderBy poonzteam5443
    4 days ago
  • Useful context on public sector job cuts
    David Farrar writes –    The Herald reports: From the gory details of job-cuts news, you’d think the public service was being eviscerated.   While the media’s view of the cuts is incomplete, it’s also true that departments have been leaking the particulars faster than a Wellington ...
    Point of OrderBy poonzteam5443
    4 days ago
  • Gordon Campbell On When Racism Comes Disguised As Anti-racism
    Remember the good old days, back when New Zealand had a PM who could think and speak calmly and intelligently in whole sentences without blustering? Even while Iran’s drones and missiles were still being launched, Helen Clark was live on TVNZ expertly summing up the latest crisis in the Middle ...
    4 days ago
  • Govt ignored economic analysis of smokefree reversal
    Costello did not pass on analysis of the benefits of the smokefree reforms to Cabinet, emphasising instead the extra tax revenues of repealing them. Photo: Hagen Hopkins, Getty Images TL;DR: The six news items that stood out to me at 7:26 am today are:The Lead: Casey Costello never passed on ...
    The KakaBy Bernard Hickey
    4 days ago
  • True Blue.
    True loveYou're the one I'm dreaming ofYour heart fits me like a gloveAnd I'm gonna be true blueBaby, I love youI’ve written about the job cuts in our news media last week. The impact on individuals, and the loss to Aotearoa of voices covering our news from different angles.That by ...
    Nick’s KōreroBy Nick Rockel
    4 days ago
  • Who is running New Zealand’s foreign policy?
    While commentators, including former Prime Minister Helen Clark, are noting a subtle shift in New Zealand’s foreign policy, which now places more emphasis on the United States, many have missed a key element of the shift. What National said before the election is not what the government is doing now. ...
    PolitikBy Richard Harman
    4 days ago
  • 2024 SkS Weekly Climate Change & Global Warming News Roundup #15
    A listing of 31 news and opinion articles we found interesting and shared on social media during the past week: Sun, April 7, 2024 thru Sat, April 13, 2024. Story of the week Our story of the week is about adults in the room setting terms and conditions of ...
    5 days ago
  • Feline Friends and Fragile Fauna The Complexities of Cats in New Zealand’s Conservation Efforts

    Cats, with their independent spirit and beguiling purrs, have captured the hearts of humans for millennia. In New Zealand, felines are no exception, boasting the highest national cat ownership rate globally [definition cat nz cat foundation]. An estimated 1.134 million pet cats grace Kiwi households, compared to 683,000 dogs ...

    5 days ago
  • Or is that just they want us to think?
    Nice guy, that Peter Williams. Amiable, a calm air of no-nonsense capability, a winning smile. Everything you look for in a TV presenter and newsreader.I used to see him sometimes when I went to TVNZ to be a talking head or a panellist and we would yarn. Nice guy, that ...
    More Than A FeildingBy David Slack
    5 days ago
  • Fact Brief – Did global warming stop in 1998?
    Skeptical Science is partnering with Gigafact to produce fact briefs — bite-sized fact checks of trending claims. This fact brief was written by Sue Bin Park in collaboration with members from our Skeptical Science team. You can submit claims you think need checking via the tipline. Did global warming stop in ...
    6 days ago
  • Arguing over a moot point.
    I have been following recent debates in the corporate and social media about whether it is a good idea for NZ to join what is known as “AUKUS Pillar Two.” AUKUS is the Australian-UK-US nuclear submarine building agreement in which … Continue reading ...
    KiwipoliticoBy Pablo
    6 days ago
  • No Longer Trusted: Ageing Boomers, Laurie & Les, Talk Politics.
    Turning Point: What has turned me away from the mainstream news media is the very strong message that its been sending out for the last few years.” “And what message might that be?” “That the people who own it, the people who run it, and the people who provide its content, really don’t ...
    6 days ago
  • Mortgage rates at 10% anyone?
    No – nothing about that in PM Luxon’s nine-point plan to improve the lives of New Zealanders. But beyond our shores Jamie Dimon, the long-serving head of global bank J.P. Morgan Chase, reckons that the chances of a goldilocks soft landing for the economy are “a lot lower” than the ...
    Point of OrderBy xtrdnry
    6 days ago
  • Sad tales from the left
    Michael Bassett writes –  Have you noticed the odd way in which the media are handling the government’s crackdown on surplus employees in the Public Service? Very few reporters mention the crazy way in which State Service numbers rocketed ahead by more than 16,000 during Labour’s six years, ...
    Point of OrderBy poonzteam5443
    6 days ago
  • In Whose Best Interests?
    On The Spot: The question Q+A host, Jack Tame, put to the Workplace & Safety Minister, Act’s Brooke van Velden, was disarmingly simple: “Are income tax cuts right now in the best interests of lowering inflation?”JACK TAME has tested another MP on his Sunday morning current affairs show, Q+A. Minister for Workplace ...
    6 days ago
  • Don’t Question, Don’t Complain.
    It has to start somewhereIt has to start sometimeWhat better place than here?What better time than now?So it turns out that I owe you all an apology.It seems that all of the terrible things this government is doing, impacting the lives of many, aren’t necessarily ‘bad’ per se. Those things ...
    Nick’s KōreroBy Nick Rockel
    6 days ago

  • Minister to Europe for OECD meeting, Anzac Day
    Science, Innovation and Technology and Defence Minister Judith Collins will next week attend the OECD Science and Technology Ministerial conference in Paris and Anzac Day commemorations in Belgium. “Science, innovation and technology have a major role to play in rebuilding our economy and achieving better health, environmental and social outcomes ...
    BeehiveBy beehive.govt.nz
    1 hour ago
  • Comprehensive Partnership the goal for NZ and the Philippines
    Prime Minister Christopher Luxon held a bilateral meeting today with the President of the Philippines, Ferdinand Marcos Jr.  The Prime Minister was accompanied by MP Paulo Garcia, the first Filipino to be elected to a legislature outside the Philippines. During today’s meeting, Prime Minister Luxon and President Marcos Jr discussed opportunities to ...
    BeehiveBy beehive.govt.nz
    12 hours ago
  • Government commits $20m to Westport flood protection
    The Government has announced that $20 million in funding will be made available to Westport to fund much needed flood protection around the town. This measure will significantly improve the resilience of the community, says Local Government Minister Simeon Brown. “The Westport community has already been allocated almost $3 million ...
    BeehiveBy beehive.govt.nz
    18 hours ago
  • Taupō takes pole position
    The Government is proud to support the first ever Repco Supercars Championship event in Taupō as up to 70,000 motorsport fans attend the Taupō International Motorsport Park this weekend, says Economic Development Minister Melissa Lee. “Anticipation for the ITM Taupō Super400 is huge, with tickets and accommodation selling out weeks ...
    BeehiveBy beehive.govt.nz
    19 hours ago
  • Cost of living support for low-income homeowners
    Local Government Minister Simeon Brown has announced an increase to the Rates Rebate Scheme, putting money back into the pockets of low-income homeowners.  “The coalition Government is committed to bringing down the cost of living for New Zealanders. That includes targeted support for those Kiwis who are doing things tough, such ...
    BeehiveBy beehive.govt.nz
    21 hours ago
  • Government backing mussel spat project
    The Coalition Government is investing in a project to boost survival rates of New Zealand mussels and grow the industry, Oceans and Fisheries Minister Shane Jones has announced. “This project seeks to increase the resilience of our mussels and significantly boost the sector’s productivity,” Mr Jones says. “The project - ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • Government focused on getting people into work
    Benefit figures released today underscore the importance of the Government’s plan to rebuild the economy and have 50,000 fewer people on Jobseeker Support, Social Development and Employment Minister Louise Upston says. “Benefit numbers are still significantly higher than when National was last in government, when there was about 70,000 fewer ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Clean energy key driver to reducing emissions
    The Government’s commitment to doubling New Zealand’s renewable energy capacity is backed by new data showing that clean energy has helped the country reach its lowest annual gross emissions since 1999, Climate Change Minister Simon Watts says. New Zealand’s latest Greenhouse Gas Inventory (1990-2022) published today, shows gross emissions fell ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Earthquake-prone buildings review brought forward
    The Government is bringing the earthquake-prone building review forward, with work to start immediately, and extending the deadline for remediations by four years, Building and Construction Minister Chris Penk says. “Our Government is focused on rebuilding the economy. A key part of our plan is to cut red tape that ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Thailand and NZ to agree to Strategic Partnership
    Prime Minister Christopher Luxon and his Thai counterpart, Prime Minister Srettha Thavisin, have today agreed that New Zealand and the Kingdom of Thailand will upgrade the bilateral relationship to a Strategic Partnership by 2026. “New Zealand and Thailand have a lot to offer each other. We have a strong mutual desire to build ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government consults on extending coastal permits for ports
    RMA Reform Minister Chris Bishop and Transport Minister Simeon Brown have today announced the Coalition Government’s intention to extend port coastal permits for a further 20 years, providing port operators with certainty to continue their operations. “The introduction of the Resource Management Act in 1991 required ports to obtain coastal ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Inflation coming down, but more work to do
    Today’s announcement that inflation is down to 4 per cent is encouraging news for Kiwis, but there is more work to be done - underlining the importance of the Government’s plan to get the economy back on track, acting Finance Minister Chris Bishop says. “Inflation is now at 4 per ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • School attendance restored as a priority in health advice
    Refreshed health guidance released today will help parents and schools make informed decisions about whether their child needs to be in school, addressing one of the key issues affecting school attendance, says Associate Education Minister David Seymour. In recent years, consistently across all school terms, short-term illness or medical reasons ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Unnecessary bureaucracy cut in oceans sector
    Oceans and Fisheries Minister Shane Jones is streamlining high-level oceans management while maintaining a focus on supporting the sector’s role in the export-led recovery of the economy. “I am working to realise the untapped potential of our fishing and aquaculture sector. To achieve that we need to be smarter with ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Patterson promoting NZ’s wool sector at International Congress
    Associate Agriculture Minister Mark Patterson is speaking at the International Wool Textile Organisation Congress in Adelaide, promoting New Zealand wool, and outlining the coalition Government’s support for the revitalisation the sector.    "New Zealand’s wool exports reached $400 million in the year to 30 June 2023, and the coalition Government ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Removing red tape to help early learners thrive
    The Government is making legislative changes to make it easier for new early learning services to be established, and for existing services to operate, Associate Education Minister David Seymour says. The changes involve repealing the network approval provisions that apply when someone wants to establish a new early learning service, ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • RMA changes to cut coal mining consent red tape
    Changes to the Resource Management Act will align consenting for coal mining to other forms of mining to reduce barriers that are holding back economic development, Resources Minister Shane Jones says. “The inconsistent treatment of coal mining compared with other extractive activities is burdensome red tape that fails to acknowledge ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • McClay reaffirms strong NZ-China trade relationship
    Trade, Agriculture and Forestry Minister Todd McClay has concluded productive discussions with ministerial counterparts in Beijing today, in support of the New Zealand-China trade and economic relationship. “My meeting with Commerce Minister Wang Wentao reaffirmed the complementary nature of the bilateral trade relationship, with our Free Trade Agreement at its ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Prime Minister Luxon acknowledges legacy of Singapore Prime Minister Lee
    Prime Minister Christopher Luxon today paid tribute to Singapore’s outgoing Prime Minister Lee Hsien Loong.   Meeting in Singapore today immediately before Prime Minister Lee announced he was stepping down, Prime Minister Luxon warmly acknowledged his counterpart’s almost twenty years as leader, and the enduring legacy he has left for Singapore and South East ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • PMs Luxon and Lee deepen Singapore-NZ ties
    Prime Minister Christopher Luxon held a bilateral meeting today with Singapore Prime Minister Lee Hsien Loong. While in Singapore as part of his visit to South East Asia this week, Prime Minister Luxon also met with Singapore President Tharman Shanmugaratnam and will meet with Deputy Prime Minister Lawrence Wong.  During today’s meeting, Prime Minister Luxon ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Antarctica New Zealand Board appointments
    Foreign Minister Winston Peters has made further appointments to the Board of Antarctica New Zealand as part of a continued effort to ensure the Scott Base Redevelopment project is delivered in a cost-effective and efficient manner.  The Minister has appointed Neville Harris as a new member of the Board. Mr ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Finance Minister travels to Washington DC
    Finance Minister Nicola Willis will travel to the United States on Tuesday to attend a meeting of the Five Finance Ministers group, with counterparts from Australia, the United States, Canada, and the United Kingdom.  “I am looking forward to meeting with our Five Finance partners on how we can work ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Pet bonds a win/win for renters and landlords
    The coalition Government has today announced purrfect and pawsitive changes to the Residential Tenancies Act to give tenants with pets greater choice when looking for a rental property, says Housing Minister Chris Bishop. “Pets are important members of many Kiwi families. It’s estimated that around 64 per cent of New ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Long Tunnel for SH1 Wellington being considered
    State Highway 1 (SH1) through Wellington City is heavily congested at peak times and while planning continues on the duplicate Mt Victoria Tunnel and Basin Reserve project, the Government has also asked NZ Transport Agency (NZTA) to consider and provide advice on a Long Tunnel option, Transport Minister Simeon Brown ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New Zealand condemns Iranian strikes
    Prime Minister Christopher Luxon and Foreign Minister Winston Peters have condemned Iran’s shocking and illegal strikes against Israel.    “These attacks are a major challenge to peace and stability in a region already under enormous pressure," Mr Luxon says.    "We are deeply concerned that miscalculation on any side could ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Huge interest in Government’s infrastructure plans
    Hundreds of people in little over a week have turned out in Northland to hear Regional Development Minister Shane Jones speak about plans for boosting the regional economy through infrastructure. About 200 people from the infrastructure and associated sectors attended an event headlined by Mr Jones in Whangarei today. Last ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Health Minister thanks outgoing Health New Zealand Chair
    Health Minister Dr Shane Reti has today thanked outgoing Health New Zealand – Te Whatu Ora Chair Dame Karen Poutasi for her service on the Board.   “Dame Karen tendered her resignation as Chair and as a member of the Board today,” says Dr Reti.  “I have asked her to ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Roads of National Significance planning underway
    The NZ Transport Agency (NZTA) has signalled their proposed delivery approach for the Government’s 15 Roads of National Significance (RoNS), with the release of the State Highway Investment Proposal (SHIP) today, Transport Minister Simeon Brown says.  “Boosting economic growth and productivity is a key part of the Government’s plan to ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Navigating an unstable global environment
    New Zealand is renewing its connections with a world facing urgent challenges by pursuing an active, energetic foreign policy, Foreign Minister Winston Peters says.   “Our country faces the most unstable global environment in decades,” Mr Peters says at the conclusion of two weeks of engagements in Egypt, Europe and the United States.    “We cannot afford to sit back in splendid ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • NZ welcomes Australian Governor-General
    Prime Minister Christopher Luxon has announced the Australian Governor-General, His Excellency General The Honourable David Hurley and his wife Her Excellency Mrs Linda Hurley, will make a State visit to New Zealand from Tuesday 16 April to Thursday 18 April. The visit reciprocates the State visit of former Governor-General Dame Patsy Reddy ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Pseudoephedrine back on shelves for Winter
    Associate Health Minister David Seymour has announced that Medsafe has approved 11 cold and flu medicines containing pseudoephedrine. Pharmaceutical suppliers have indicated they may be able to supply the first products in June. “This is much earlier than the original expectation of medicines being available by 2025. The Government recognised ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZ and the US: an ever closer partnership
    New Zealand and the United States have recommitted to their strategic partnership in Washington DC today, pledging to work ever more closely together in support of shared values and interests, Foreign Minister Winston Peters says.    “The strategic environment that New Zealand and the United States face is considerably more ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Joint US and NZ declaration
    April 11, 2024 Joint Declaration by United States Secretary of State the Honorable Antony J. Blinken and New Zealand Minister of Foreign Affairs the Right Honourable Winston Peters We met today in Washington, D.C. to recommit to the historic partnership between our two countries and the principles that underpin it—rule ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZ and US to undertake further practical Pacific cooperation
    Foreign Minister Winston Peters has announced further New Zealand cooperation with the United States in the Pacific Islands region through $16.4 million in funding for initiatives in digital connectivity and oceans and fisheries research.   “New Zealand can achieve more in the Pacific if we work together more urgently and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government redress for Te Korowai o Wainuiārua
    The Government is continuing the bipartisan effort to restore its relationship with iwi as the Te Korowai o Wainuiārua Claims Settlement Bill passed its first reading in Parliament today, says Treaty Negotiations Minister Paul Goldsmith. “Historical grievances of Te Korowai o Wainuiārua relate to 19th century warfare, land purchased or taken ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Focus on outstanding minerals permit applications
    New Zealand Petroleum and Minerals is working to resolve almost 150 outstanding minerals permit applications by the end of the financial year, enabling valuable mining activity and signalling to the sector that New Zealand is open for business, Resources Minister Shane Jones says.  “While there are no set timeframes for ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Applications open for NZ-Ireland Research Call
    The New Zealand and Irish governments have today announced that applications for the 2024 New Zealand-Ireland Joint Research Call on Agriculture and Climate Change are now open. This is the third research call in the three-year Joint Research Initiative pilot launched in 2022 by the Ministry for Primary Industries and Ireland’s ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Tenancy rules changes to improve rental market
    The coalition Government has today announced changes to the Residential Tenancies Act to encourage landlords back to the rental property market, says Housing Minister Chris Bishop. “The previous Government waged a war on landlords. Many landlords told us this caused them to exit the rental market altogether. It caused worse ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Boosting NZ’s trade and agricultural relationship with China
    Trade and Agriculture Minister Todd McClay will visit China next week, to strengthen relationships, support Kiwi exporters and promote New Zealand businesses on the world stage. “China is one of New Zealand’s most significant trade and economic relationships and remains an important destination for New Zealand’s products, accounting for nearly 22 per cent of our good and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Freshwater farm plan systems to be improved
    The coalition Government intends to improve freshwater farm plans so that they are more cost-effective and practical for farmers, Associate Environment Minister Andrew Hoggard and Agriculture Minister Todd McClay have announced. “A fit-for-purpose freshwater farm plan system will enable farmers and growers to find the right solutions for their farm ...
    BeehiveBy beehive.govt.nz
    1 week ago

Page generated in The Standard by Wordpress at 2024-04-18T22:49:29+00:00