Institute for New Economic Thinking
Written By:
- Date published:
10:30 am, December 23rd, 2010 - 3 comments
Categories: Economy, Keynes -
Tags: neoliberalism, recession
All those who think Keynes is dead (and those who merely wondered what happened to him) should check out the website of George Soros’s Institute for New Economic Thinking (INET). A remarkable range of economic luminaries are presented on video and powerpoint, most or all of them arguing for a radical Keynesian solution to the financial crisis, in the form of an expansion of public spending, mainly focused on remedying the accumulated social deficit of the last few decades, for instance affordable housing and transport infrastructure.
The current austerity policies being pursued by European politicians and advocated by US Teabaggers will fail, and once they do fail, it will be an end to ‘business as usual’.
It may also be an end to politics as usual, depending on how corrupt the current political party systems are seen to be by that time.
Some of the presentations are a little academic, but most of the ones that I have seen could be grasped by the intelligent ordinary viewer. I would recommend people to start with the video presentation and powerpoint of Richard Woo, which can be found on the link at the first INET conference, held at King’s College Cambridge in April 2010.
One thing that comes across as remarkable is how radical even mainstream public servants, such as the British chief financial regulator Lord Turner, now sound compared to local equivalents such as Bollard and Brash. Turner calls for a serious wing-clipping of the real estate sector, which he describes as being behind “every” banking crisis in recent memory, in the sense that that bank lending drives up the values of real estate assets and at the sime time drives the banks to over-extend themselves in a largely unproductive sector. According to Lord Turner, the real challenge is to break the bank / real estate nexus. And that’s the cautious civil service view!
In effect, it seems that a Gorbachev moment has now come to the heartlands of neoliberalism, while New Zealand remains a kind of East Germany by comparison.
3 comments on “Institute for New Economic Thinking ”
- Comments are now closed
Links to post
- Comments are now closed
Recent Comments
- These people are not our friends
Morning in London Mother hugs beloved daughter outside the converted shoe factory in which she is living.Afternoon in London Travelling writer takes himself and his wrist down to A&E, just to be sure. Read more ...29 mins ago - Some advice from our tertiary history for the University Advisory Group
Mike Grimshaw writes – The recent announcement of the University Advisory Group, chaired by Sir Peter Gluckman, makes very clear where the Government’s focus and priorities lie. The remit of the Advisory Group is that Group members will consider challenges and opportunities for improvement in the university sector including: ...2 hours ago - Still no prudential regulation case around climate changeEric Crampton writes – The Reserve Bank of New Zealand desperately wants to find reasons to have workstreams in climate change. It makes little sense. They’ve run another stress test on the banks looking to see if they could find a prudential regulation case. They couldn’t. They ...3 hours ago
- Bernard’s pick ‘n’ mix of the news links for Wednesday, April 24
TL;DR: These six news links stood out to me in the last 24 hours or so onWednesday, April 23:Scoop: 'Released in error': Treasury paper hints at axing $6b flood resilience plan by NZ Herald-$$$ Thomas CoughlanScoop: EY launches new misconduct review amid Fonterra ban. Fonterra tells EY to remove some ...3 hours ago - How National can neutralise serious allegations of corruption should the “Fast Track” Bill becom...Rob MacCullough writes – Pundits from the left and the right are arguing that National’s Fast Track Bill that is designed to speed up infrastructure decisions could end up becoming mired in a cesspool of corruption. Political commentator ...4 hours ago
- Cleaning Up After Gabrielle.
Looking at the headlines this morning it’s hard to feel anything other than pessimistic about the future of humanity.Note that I’m not speaking about the future of mankind, but the survival of our humanity. The values that we believe in seem to be ebbing away, by the day.Perhaps every generation ...5 hours ago - Gordon Campbell on bird flu, AUKUS entry fees and Cindy Lee
Swabbing mixed breed baby chicks to test for avian influenzaUh oh. Bird flu – often deadly to humans – is not only being transmitted from infected birds to dairy cows, but is now travelling between dairy cows. As of last Friday, Bloomberg News reports, there were 32 American dairy herds ...5 hours ago - Tolling Existing Roads
One of the government’s transport policy and agreements with it’s coalition partners made it clear that they were looking at options like tolling and road pricing. This was reinforced in it’s draft Government Policy Statement released at the start of March which made a couple of references to it. Road pricing, ...8 hours ago - At a glance – The difference between weather and climate
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 ...22 hours ago - More criminal miners
What is it with the mining industry? Its not enough for them to pillage the earth - they apparently can't even be bothered getting resource consent to do so: The proponent behind a major mine near the Clutha River had already been undertaking activity in the area without a ...23 hours ago - Photos from the road
Photo # 1 I am a huge fan of Singapore’s approach to housing, as described here two years ago by copying and pasting from The ConversationWhat Singapore has that Australia does not is a public housing developer, the Housing Development Board, which puts new dwellings on public and reclaimed land, ...23 hours ago - RMA reforms aim to ease stock-grazing rules and reduce farmers’ costs – but Taxpayers’ Union w...
Buzz from the Beehive Reactions to news of the government’s readiness to make urgent changes to “the resource management system” through a Bill to amend the Resource Management Act (RMA) suggest a balanced approach is being taken. The Taxpayers’ Union says the proposed changes don’t go far enough. Greenpeace says ...1 day ago - Luxon Strikes Out.
I’m starting to wonder if Anna Burns-Francis might be the best political interviewer we’ve got. That might sound unlikely to you, it came as a bit of a surprise to me.Jack Tame can be excellent, but has some pretty average days. I like Rebecca Wright on Newshub, she asks good ...1 day ago - In many ways the media that the experts wanted, turned out to be the media they have gotChris Trotter writes – Willie Jackson is said to be planning a “media summit” to discuss “the state of the media and how to protect Fourth Estate Journalism”. Not only does the Editor of The Daily Blog, Martyn Bradbury, think this is a good idea, but he has also ...1 day ago
- The Waitangi Tribunal Summons; or the more things stay the sameGraeme Edgeler writes – This morning [April 21], the Wellington High Court is hearing a judicial review brought by Hon. Karen Chhour, the Minister for Children, against a decision of the Waitangi Tribunal. This is unusual, judicial reviews are much more likely to brought against ministers, rather than ...1 day ago
- Both Parliamentary watchdogs hammer Fast-track bill
Both of Parliament’s watchdogs have now ripped into the Government’s Fast-track Approvals Bill. Photo: Lynn Grieveson / The KākāMy pick of the six newsey things to know from Aotearoa’s political economy and beyond on the morning of Tuesday, April 23 are:The Lead: The Auditor General, John Ryan, has joined the ...1 day ago - India makes a big bet on electric busesThis is a re-post from Yale Climate Connections by Sarah Spengeman People wait to board an electric bus in Pune, India. (Image credit: courtesy of ITDP) Public transportation riders in Pune, India, love the city’s new electric buses so much they will actually skip an older diesel bus that ...1 day ago
- Bernard’s pick ‘n’ mix of the news links at 6:36am on Tuesday, April 23
TL;DR: These six news links stood out in the last 24 hours to 6:36am on Tuesday, April 22:Scoop & Deep Dive: How Sir Peter Jackson got to have his billion-dollar exit cake and eat Hollywood too NZ Herald-$$$ Matt NippertFast Track Approval Bill: Watchdogs seek substantial curbs on ministers' powers ...1 day ago - What is really holding up infrastructureThe infrastructure industry yesterday issued a “hurry up” message to the Government, telling it to get cracking on developing a pipeline of infrastructure projects.The hiatus around the change of Government has seen some major projects cancelled and others delayed, and there is uncertainty about what will happen with the new ...1 day ago
- “Pure Unadulterated Charge”
Hi,Over the weekend I revisited a podcast I really adore, Dead Eyes. It’s about a guy who got fired from Band of Brothers over two decades ago because Tom Hanks said he had “dead eyes”.If you don’t recall — 2001’s Band of Brothers was part of the emerging trend of ...1 day ago - Bernard's six-stack of substacks for Monday, April 22
Tonight’s six-stack includes: writes via his substack that’s he’s sceptical about the IPSOS poll last week suggesting a slide into authoritarianism here, writing: Kiwis seem to want their cake and eat it too Tal Aster writes for about How Israel turned homeowners into YIMBYs. writes via his ...2 days ago - The media were given a little list and hastened to pick out Fast Track prospects – but the Treaty ...Buzz from the Beehive The 180 or so recipients of letters from the Government telling them how to submit infrastructure projects for “fast track” consideration includes some whose project applications previously have been rejected by the courts. News media were quick to feature these in their reports after RMA Reform Minister Chris ...2 days ago
- Just trying to stay upright
It would not be a desirable way to start your holiday by breaking your back, your head, or your wrist, but on our first hour in Singapore I gave it a try.We were chatting, last week, before we started a meeting of Hazel’s Enviro Trust, about the things that can ...2 days ago - “Unprecedented”Today, former Port of Auckland CEO Tony Gibson went on trial on health and safety charges for the death of one of his workers. The Herald calls the trial "unprecedented". Firstly, it's only "unprecedented" because WorkSafe struck a corrupt and unlawful deal to drop charges against Peter Whittall over Pike ...2 days ago
- Bryce Edwards: Time for “Fast-Track Watch”
Calling all journalists, academics, planners, lawyers, political activists, environmentalists, and other members of the public who believe that the relationships between vested interests and politicians need to be scrutinised. We need to work together to make sure that the new Fast-Track Approvals Bill – currently being pushed through by the ...2 days ago - Gordon Campbell on fast track powers, media woes and the Tiktok banFeel worried. Shane Jones and a couple of his Cabinet colleagues are about to be granted the power to override any and all objections to projects like dams, mines, roads etc even if: said projects will harm biodiversity, increase global warming and cause other environmental harms, and even if ...2 days ago
- The Government’s new fast-track invitation to corruption
Bryce Edwards writes- The ability of the private sector to quickly establish major new projects making use of the urban and natural environment is to be supercharged by the new National-led Government. Yesterday it introduced to Parliament one of its most significant reforms, the Fast Track Approvals Bill. ...2 days ago - Maori push for parallel government structuresMichael Bassett writes – If you think there is a move afoot by the radical Maori fringe of New Zealand society to create a parallel system of government to the one that we elect at our triennial elections, you aren’t wrong. Over the last few days we have ...2 days ago
- An announcement about an announcementWithout a corresponding drop in interest rates, it’s doubtful any changes to the CCCFA will unleash a massive rush of home buyers. Photo: Lynn GrievesonTL;DR: The six things that stood out to me in Aotearoa’s political economy around housing, poverty and climate on Monday, April 22 included:The Government making a ...2 days ago
- All the Green Tech in China.
Sunday was a lazy day. I started watching Jack Tame on Q&A, the interviews are usually good for something to write about. Saying the things that the politicians won’t, but are quite possibly thinking. Things that are true and need to be extracted from between the lines.As you might know ...2 days ago - Western Express SuccessIn our Weekly Roundup last week we covered news from Auckland Transport that the WX1 Western Express is going to get an upgrade next year with double decker electric buses. As part of the announcement, AT also said “Since we introduced the WX1 Western Express last November we have seen ...2 days ago
- Bernard’s pick ‘n’ mix of the news links at 7:16am on Monday, April 22
TL;DR: These six news links stood out in the last 24 hours to 7:16am on Monday, April 22:Labour says Kiwis at greater risk from loan sharks as Govt plans to remove borrowing regulations NZ Herald Jenee TibshraenyHow did the cost of moving two schools blow out to more than $400m?A ...2 days ago - The Kaka’s diary for the week to April 29 and beyond
TL;DR: The six key events to watch in Aotearoa-NZ’s political economy in the week to April 29 include:PM Christopher Luxon is scheduled to hold a post-Cabinet news conference at 4 pm today. Stats NZ releases its statutory report on Census 2023 tomorrow.Finance Minister Nicola Willis delivers a pre-Budget speech at ...2 days ago - 2024 SkS Weekly Climate Change & Global Warming News Roundup #16A listing of 29 news and opinion articles we found interesting and shared on social media during the past week: Sun, April 14, 2024 thru Sat, April 20, 2024. Story of the week Our story of the week hinges on these words from the abstract of a fresh academic ...3 days ago
- Bryce Edwards: The Government’s new fast-track invitation to corruptionThe ability of the private sector to quickly establish major new projects making use of the urban and natural environment is to be supercharged by the new National-led Government. Yesterday it introduced to Parliament one of its most significant reforms, the Fast Track Approvals Bill. The Government says this will ...3 days ago
- Thank you
This is a column to say thank you. So many of have been in touch since Mum died to say so many kind and thoughtful things. You’re wonderful, all of you. You’ve asked how we’re doing, how Dad’s doing. A little more realisation each day, of the irretrievable finality of ...3 days ago - Determining the Engine Type in Your Car
Identifying the engine type in your car is crucial for various reasons, including maintenance, repairs, and performance upgrades. Knowing the specific engine model allows you to access detailed technical information, locate compatible parts, and make informed decisions about modifications. This comprehensive guide will provide you with a step-by-step approach to ...4 days ago - How to Become a Race Car Driver: A Comprehensive GuideIntroduction: The allure of racing is undeniable. The thrill of speed, the roar of engines, and the exhilaration of competition all contribute to the allure of this adrenaline-driven sport. For those who yearn to experience the pinnacle of racing, becoming a race car driver is the ultimate dream. However, the ...4 days ago
- How Many Cars Are There in the World in 2023? An Exploration of Global Automotive StatisticsIntroduction Automobiles have become ubiquitous in modern society, serving as a primary mode of transportation and a symbol of economic growth and personal mobility. With countless vehicles traversing roads and highways worldwide, it begs the question: how many cars are there in the world? Determining the precise number is a ...4 days ago
- How Long Does It Take for Car Inspection?Maintaining a safe and reliable vehicle requires regular inspections. Whether it’s a routine maintenance checkup or a safety inspection, knowing how long the process will take can help you plan your day accordingly. This article delves into the factors that influence the duration of a car inspection and provides an ...4 days ago
- Who Makes Mazda Cars?Mazda Motor Corporation, commonly known as Mazda, is a Japanese multinational automaker headquartered in Fuchu, Aki District, Hiroshima Prefecture, Japan. The company was founded in 1920 as the Toyo Cork Kogyo Co., Ltd., and began producing vehicles in 1931. Mazda is primarily known for its production of passenger cars, but ...4 days ago
- How Often to Replace Your Car Battery A Comprehensive GuideYour car battery is an essential component that provides power to start your engine, operate your electrical systems, and store energy. Over time, batteries can weaken and lose their ability to hold a charge, which can lead to starting problems, power failures, and other issues. Replacing your battery before it ...4 days ago
- Can You Register a Car Without a License?In most states, you cannot register a car without a valid driver’s license. However, there are a few exceptions to this rule. Exceptions to the Rule If you are under 18 years old: In some states, you can register a car in your name even if you do not ...4 days ago
- Mazda: A Comprehensive Evaluation of Reliability, Value, and PerformanceMazda, a Japanese automotive manufacturer with a rich history of innovation and engineering excellence, has emerged as a formidable player in the global car market. Known for its reputation of producing high-quality, fuel-efficient, and driver-oriented vehicles, Mazda has consistently garnered praise from industry experts and consumers alike. In this article, ...4 days ago
- What Are Struts on a Car?Struts are an essential part of a car’s suspension system. They are responsible for supporting the weight of the car and damping the oscillations of the springs. Struts are typically made of steel or aluminum and are filled with hydraulic fluid. How Do Struts Work? Struts work by transferring the ...4 days ago
- What Does Car Registration Look Like: A Comprehensive GuideCar registration is a mandatory process that all vehicle owners must complete annually. This process involves registering your car with the Department of Motor Vehicles (DMV) and paying an associated fee. The registration process ensures that your vehicle is properly licensed and insured, and helps law enforcement and other authorities ...4 days ago
- How to Share Computer Audio on ZoomZoom is a video conferencing service that allows you to share your screen, webcam, and audio with other participants. In addition to sharing your own audio, you can also share the audio from your computer with other participants. This can be useful for playing music, sharing presentations with audio, or ...4 days ago
- How Long Does It Take to Build a Computer?Building your own computer can be a rewarding and cost-effective way to get a high-performance machine tailored to your specific needs. However, it also requires careful planning and execution, and one of the most important factors to consider is the time it will take. The exact time it takes to ...4 days ago
- How to Put Your Computer to SleepSleep mode is a power-saving state that allows your computer to quickly resume operation without having to boot up from scratch. This can be useful if you need to step away from your computer for a short period of time but don’t want to shut it down completely. There are ...4 days ago
- What is Computer-Assisted Translation (CAT)?Introduction Computer-Assisted Translation (CAT) has revolutionized the field of translation by harnessing the power of technology to assist human translators in their work. This innovative approach combines specialized software with human expertise to improve the efficiency, accuracy, and consistency of translations. In this comprehensive article, we will delve into the ...4 days ago
- iPad vs. Tablet Computers A Comprehensive Guide to DifferencesIn today’s digital age, mobile devices have become an indispensable part of our daily lives. Among the vast array of portable computing options available, iPads and tablet computers stand out as two prominent contenders. While both offer similar functionalities, there are subtle yet significant differences between these two devices. This ...4 days ago
- How Are Computers Made?A computer is an electronic device that can be programmed to carry out a set of instructions. The basic components of a computer are the processor, memory, storage, input devices, and output devices. The Processor The processor, also known as the central processing unit (CPU), is the brain of the ...4 days ago
- How to Add Voice Memos from iPhone to ComputerVoice Memos is a convenient app on your iPhone that allows you to quickly record and store audio snippets. These recordings can be useful for a variety of purposes, such as taking notes, capturing ideas, or recording interviews. While you can listen to your voice memos on your iPhone, you ...4 days ago
- Why My Laptop Screen Has Lines on It: A Comprehensive GuideLaptop screens are essential for interacting with our devices and accessing information. However, when lines appear on the screen, it can be frustrating and disrupt productivity. Understanding the underlying causes of these lines is crucial for finding effective solutions. Types of Screen Lines Horizontal lines: Also known as scan ...4 days ago
- How to Right-Click on a LaptopRight-clicking is a common and essential computer operation that allows users to access additional options and settings. While most desktop computers have dedicated right-click buttons on their mice, laptops often do not have these buttons due to space limitations. This article will provide a comprehensive guide on how to right-click ...4 days ago
- Where is the Power Button on an ASUS Laptop?Powering up and shutting down your ASUS laptop is an essential task for any laptop user. Locating the power button can sometimes be a hassle, especially if you’re new to ASUS laptops. This article will provide a comprehensive guide on where to find the power button on different ASUS laptop ...4 days ago
- How to Start a Dell Laptop: A Comprehensive GuideDell laptops are renowned for their reliability, performance, and versatility. Whether you’re a student, a professional, or just someone who needs a reliable computing device, a Dell laptop can meet your needs. However, if you’re new to Dell laptops, you may be wondering how to get started. In this comprehensive ...4 days ago
- Bryce Edwards: Serious populist discontent is bubbling up in New ZealandTwo-thirds of the country think that “New Zealand’s economy is rigged to advantage the rich and powerful”. They also believe that “New Zealand needs a strong leader to take the country back from the rich and powerful”. These are just two of a handful of stunning new survey results released ...4 days ago
- How to Take a Screenshot on an Asus Laptop A Comprehensive Guide with Detailed Instructions and Illu...In today’s digital world, screenshots have become an indispensable tool for communication and documentation. Whether you need to capture an important email, preserve a website page, or share an error message, screenshots allow you to quickly and easily preserve digital information. If you’re an Asus laptop user, there are several ...4 days ago
- How to Factory Reset Gateway Laptop A Comprehensive GuideA factory reset restores your Gateway laptop to its original factory settings, erasing all data, apps, and personalizations. This can be necessary to resolve software issues, remove viruses, or prepare your laptop for sale or transfer. Here’s a step-by-step guide on how to factory reset your Gateway laptop: Method 1: ...4 days ago
- The Folly Of Impermanence.
“You talking about me?” The neoliberal denigration of the past was nowhere more unrelenting than in its depiction of the public service. The Post Office and the Railways were held up as being both irremediably inefficient and scandalously over-manned. Playwright Roger Hall’s “Glide Time” caricatures were presented as accurate depictions of ...4 days ago - A crisis of ambitionRoger Partridge writes – When the Coalition Government took office last October, it inherited a country on a precipice. With persistent inflation, decades of insipid productivity growth and crises in healthcare, education, housing and law and order, it is no exaggeration to suggest New Zealand’s first-world status was ...4 days ago
- Have 308 people in the Education Ministry’s Curriculum Development Team spent over $100m on a 60-p...Rob MacCulloch writes – In 2022, the Curriculum Centre at the Ministry of Education employed 308 staff, according to an Official Information Request. Earlier this week it was announced 202 of those staff were being cut. When you look up “The New Zealand Curriculum” on the Ministry of ...4 days ago
- 'This bill is dangerous for the environment and our democracy'Chris Bishop’s bill has stirred up a hornets nest of opposition. Photo: Lynn Grieveson for The KākāTL;DR: The six things that stood out to me in Aotearoa’s political economy around housing, poverty and climate from the last day included:A crescendo of opposition to the Government’s Fast Track Approvals Bill is ...4 days ago
- The Bank of our Tamariki and Mokopuna.
Monday left me brokenTuesday, I was through with hopingWednesday, my empty arms were openThursday, waiting for love, waiting for loveThe end of another week that left many of us asking WTF? What on earth has NZ gotten itself into and how on earth could people have voluntarily signed up for ...4 days ago - The worth of it all
Hello! Here comes the Saturday edition of More Than A Feilding, catching you up on the past week’s editions.State of humanity, 20242024, 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?Full story Share ...4 days ago - What is the Hardest Sport in the World?Determining the hardest sport in the world is a subjective matter, as the difficulty level can vary depending on individual abilities, physical attributes, and experience. However, based on various factors including physical demands, technical skills, mental fortitude, and overall accomplishment, here is an exploration of some of the most challenging ...4 days ago
- What is the Most Expensive Sport?The allure of sport transcends age, culture, and geographical boundaries. It captivates hearts, ignites passions, and provides unparalleled entertainment. Behind the spectacle, however, lies a fascinating world of financial investment and expenditure. Among the vast array of competitive pursuits, one question looms large: which sport carries the hefty title of ...4 days ago
- Pickleball On the Cusp of Olympic GloryIntroduction Pickleball, a rapidly growing paddle sport, has captured the hearts and imaginations of millions around the world. Its blend of tennis, badminton, and table tennis elements has made it a favorite among players of all ages and skill levels. As the sport’s popularity continues to surge, the question on ...4 days ago
- The Origin and Evolution of Soccer Unveiling the Genius Behind the World’s Most Popular SportAbstract: Soccer, the global phenomenon captivating millions worldwide, has a rich history that spans centuries. Its origins trace back to ancient civilizations, but the modern version we know and love emerged through a complex interplay of cultural influences and innovations. This article delves into the fascinating journey of soccer’s evolution, ...4 days ago
- How Much to Tint Car Windows A Comprehensive GuideTinting car windows offers numerous benefits, including enhanced privacy, reduced glare, UV protection, and a more stylish look for your vehicle. However, the cost of window tinting can vary significantly depending on several factors. This article provides a comprehensive guide to help you understand how much you can expect to ...4 days ago
- Why Does My Car Smell Like Gas? A Comprehensive Guide to Diagnosing and Fixing the IssueThe pungent smell of gasoline in your car can be an alarming and potentially dangerous problem. Not only is the odor unpleasant, but it can also indicate a serious issue with your vehicle’s fuel system. In this article, we will explore the various reasons why your car may smell like ...4 days ago
- How to Remove Tree Sap from Car A Comprehensive GuideTree sap can be a sticky, unsightly mess on your car’s exterior. It can be difficult to remove, but with the right techniques and products, you can restore your car to its former glory. Understanding Tree Sap Tree sap is a thick, viscous liquid produced by trees to seal wounds ...4 days ago
- How Much Paint Do You Need to Paint a Car?The amount of paint needed to paint a car depends on a number of factors, including the size of the car, the number of coats you plan to apply, and the type of paint you are using. In general, you will need between 1 and 2 gallons of paint for ...4 days ago
- Can You Jump a Car in the Rain? Safety Precautions and Essential StepsJump-starting a car is a common task that can be performed even in adverse weather conditions like rain. However, safety precautions and proper techniques are crucial to avoid potential hazards. This comprehensive guide will provide detailed instructions on how to safely jump a car in the rain, ensuring both your ...4 days ago
- Release: Penny drops – but what about Seymour and Peters?
Stripping two Ministers of their portfolios just six months into the job shows Christopher Luxon’s management style is lacking, Labour Leader Chris Hipkins said. ...60 mins ago - Release: Budget blunder shows Nicola Willis could cut recovery fundingIt appears Nicola Willis is about to pull the rug out from under the feet of local communities still dealing with the aftermath of last year’s severe weather, and local councils relying on funding to build back from these disasters. ...24 hours ago
- Further environmental mismanagement on the cards
The Government’s resource management reforms will add to the heavy and ever-growing burden this Government is loading on to our environment. ...1 day ago - Release: RMA changes will be a disaster for environmentThe Government is making short-sighted changes to the Resource Management Act (RMA) that will take away environmental protection in favour of short-term profits, Labour’s environment spokesperson Rachel Brooking said today. ...1 day ago
- Release: Labour supports urgent changes to emergency management systemLabour welcomes the release of the report into the North Island weather events and looks forward to working with the Government to ensure that New Zealand is as prepared as it can be for the next natural disaster. ...1 day ago
- Release: Labour calls for New Zealand to recognise PalestineThe Labour Party has called for the New Zealand Government to recognise Palestine, as a material step towards progressing the two-State solution needed to achieve a lasting peace in the region. ...2 days ago
- Release: Three strikes law political posturing of worst kindThe Government is bringing back a law that has little evidential backing just to look tough, Labour justice spokesperson Duncan Webb said. ...2 days ago
- Release: Government cuts unbelievably target child exploitation, violent extremism, ports and airpor...Some of our country’s most important work, stopping the sexual exploitation of children and violent extremism could go along with staff on the frontline at ports and airports. ...2 days ago
- Three strikes has failed before and will fail againResurrecting the archaic three-strikes legislation is an unwelcome return to a failed American-style approach to justice. ...2 days ago
- Release: Environmental protection vital, not ‘onerous’The Government’s Fast Track Approvals Bill will give projects such as new coal mines a ‘get out of jail free’ card to wreak havoc on the environment, Labour Leader Chris Hipkins said today. ...2 days ago
- Release: Govt cuts doctors and nurses in hiring freezeCuts to frontline hospital staff are not only a broken election promise, it shows the reckless tax cuts have well and truly hit the frontline of the health system, says Labour Health spokesperson Ayesha Verrall. ...5 days ago
- Fast-track submissions period must be extendedThe Green Party has joined the call for public submissions on the fast-track legislation to be extended after the Ombudsman forced the Government to release the list of organisations invited to apply just hours before submissions close. ...5 days ago
- Release: Progress on climate will be undone by GovtNew Zealand’s good work at reducing climate emissions for three years in a row will be undone by the National government’s lack of ambition and scrapping programmes that were making a difference, Labour Party climate spokesperson Megan Woods said today. ...5 days ago
- Release: Dark day for Kiwi kids as a third of Govt cuts affect themNews that 1000 jobs at the Ministry of Education and Oranga Tamariki could go is devastating for future generations of New Zealanders. ...1 week ago
- Release: Alarm as Government signals further blow to school lunchesMore essential jobs could be on the chopping block, this time Ministry of Education staff on the school lunches team are set to find out whether they're in line to lose their jobs. ...1 week ago
- Release: Quick, submit – stop Govt’s dodgy approvals billThe Government is trying to bring in a law that will allow Ministers to cut corners and kill off native species, Labour environment spokesperson Rachel Brooking said. ...1 week ago
- Government throws coal on the climate crisis fireThe Government’s policy announced today to ease consenting for coal mining will have a lasting impact across generations. ...1 week ago
- Release: Public transport costs to double as National looks at unaffordable roading project insteadCancelling urgently needed new Cook Strait ferries and hiking the cost of public transport for many Kiwis so that National can announce the prospect of another tunnel for Wellington is not making good choices, Labour Transport Spokesperson Tangi Utikere said. ...1 week ago
- Release: Cost of living in Auckland still not a priorityA laundry list of additional costs for Tāmaki Makarau Auckland shows the Minister for the city is not delivering for the people who live there, says Labour Auckland Issues spokesperson Shanan Halbert. ...1 week ago
- Greens look to fast-track submissions on harmful lawThe Green Party has today launched a step-by-step guide to help New Zealanders make their voice heard on the Government’s democracy dodging and anti-environment fast track legislation. ...2 weeks ago
- Release: Govt should stop making people’s lives harder and build more homesThe National Government’s proposed changes to the Residential Tenancies Act will mean tenants can be turfed from their homes by landlords with little notice, Labour housing spokesperson Kieran McAnulty said. ...2 weeks ago
- Release: Melissa Lee missing in action on mediaThe action Melissa Lee promised to protect democracy and the media sector is missing, Media and Communications spokesperson Willie Jackson said. ...2 weeks ago
- Landlord Government leaves little hope for rentersThe Government’s announcement on tenancy rules prove that it does not care about renters. ...2 weeks ago
- Opportunity to build a more sustainable economyGreen Party co-leader Marama Davidson is calling on all parties to support a common-sense change that’s great for the planet and great for consumers after her member’s bill was drawn from the ballot today. ...2 weeks ago
- Significant step forward in fixing cruel and unjust pastA significant milestone has been reached in the fight to strike an anti-Pasifika and unfair law from the country’s books after Teanau Tuiono’s members’ bill passed its first reading. ...2 weeks ago
- Missed opportunity but NZ will surely one day recognise the right to a sustainable environmentNew Zealand has today missed the opportunity to uphold the right to a clean, healthy, and sustainable environment, says James Shaw after his member’s bill was voted down in its first reading. ...2 weeks ago
- Release: Don’t cut our lunches – clear message sent to GovernmentTens of thousands of people are demanding the Government commits to fully funding free and healthy school lunches. ...2 weeks ago
- Release: Govt makes U-turn on Suicide Prevention OfficeLabour welcomes the Government’s U-turn on the closure of the Suicide Prevention Office, says Labour Mental Health spokesperson Ingrid Leary. ...2 weeks ago
- CCC issues warning over further climate delayToday’s advice from the Climate Change Commission paints a sobering reality of the challenge we face in combating climate change, especially in light of recent Government policy announcements. ...2 weeks ago
- Luxon targets lame and lousy example of leadershipIf talk is cheap, Chris Luxon’s “targets” are bankrupt. ...2 weeks ago
- Luxon targets are lousy example of leadershipIf talk is cheap, Chris Luxon’s “targets” are bankrupt. ...2 weeks ago
- Release: Commitment to disability communities missing from Govt prioritiesMinister for Disability Issues Penny Simmonds appears to have delayed a report back to Cabinet on the progress New Zealand is making against international obligations for disabled New Zealanders. ...2 weeks ago
- Methane target review is dangerous duplicationThe Government’s newly announced review of methane emissions reduction targets hints at its desire to delay Aotearoa New Zealand’s urgent transition to a climate safe future, the Green Party said. ...3 weeks ago
- Release: Government must commit to school building project for disabled studentsThe Government must commit to the Maitai School building project for students with high and complex needs, to ensure disabled students from the top of the South Island have somewhere to learn. ...3 weeks ago
- Release: National must take mental health seriouslyMental Health Minister Matt Doocey and his Government colleagues have made a meal of their mental health commitments, showing how flimsy their efforts to champion the issue truly are, says Labour Mental Health spokesperson Ingrid Leary. ...3 weeks ago
- Referendums for Māori wards a racist step backwardsThe Government's imposed referendum on Māori wards is a racist step backwards for Māori representation, and disregards Te Tiriti o Waitangi. ...3 weeks ago
- PM announces changes to portfolios
Paul Goldsmith will take on responsibility for the Media and Communications portfolio, while Louise Upston will pick up the Disability Issues portfolio, Prime Minister Christopher Luxon announced today. “Our Government is relentlessly focused on getting New Zealand back on track. As issues change in prominence, I plan to adjust Ministerial ...3 hours ago - New catch limits for unique fishery areasRecreational catch limits will be reduced in areas of Fiordland and the Chatham Islands to help keep those fisheries healthy and sustainable, Oceans and Fisheries Minister Shane Jones says. The lower recreational daily catch limits for a range of finfish and shellfish species caught in the Fiordland Marine Area and ...7 hours ago
- Minister welcomes hydrogen milestoneEnergy Minister Simeon Brown has welcomed an important milestone in New Zealand’s hydrogen future, with the opening of the country’s first network of hydrogen refuelling stations in Wiri. “I want to congratulate the team at Hiringa Energy and its partners K one W one (K1W1), Mitsui & Co New Zealand ...22 hours ago
- Urgent changes to system through first RMA Amendment BillThe coalition Government is delivering on its commitment to improve resource management laws and give greater certainty to consent applicants, with a Bill to amend the Resource Management Act (RMA) expected to be introduced to Parliament next month. RMA Reform Minister Chris Bishop has today outlined the first RMA Amendment ...1 day ago
- Overseas decommissioning models consideredOverseas models for regulating the oil and gas sector, including their decommissioning regimes, are being carefully scrutinised as a potential template for New Zealand’s own sector, Resources Minister Shane Jones says. The Coalition Government is focused on rebuilding investor confidence in New Zealand’s energy sector as it looks to strengthen ...1 day ago
- Release of North Island Severe Weather Event InquiryEmergency Management and Recovery Minister Mark Mitchell has today released the Report of the Government Inquiry into the response to the North Island Severe Weather Events. “The report shows that New Zealand’s emergency management system is not fit-for-purpose and there are some significant gaps we need to address,” Mr Mitchell ...1 day ago
- Justice Minister to attend Human Rights CouncilJustice Minister Paul Goldsmith is today travelling to Europe where he’ll update the United Nations Human Rights Council on the Government’s work to restore law and order. “Attending the Universal Periodic Review in Geneva provides us with an opportunity to present New Zealand’s human rights progress, priorities, and challenges, while ...2 days ago
- Patterson reopens world’s largest wool scouring facilityAssociate Agriculture Minister, Mark Patterson, formally reopened the world’s largest wool processing facility today in Awatoto, Napier, following a $50 million rebuild and refurbishment project. “The reopening of this facility will significantly lift the economic opportunities available to New Zealand’s wool sector, which already accounts for 20 per cent of ...2 days ago
- Speech to the Southland Otago Regional Engineering Collective Summit, 18 April 2024Hon Andrew Bayly, Minister for Small Business and Manufacturing At the Southland Otago Regional Engineering Collective (SOREC) Summit, 18 April, Dunedin Ngā mihi nui, Ko Andrew Bayly aho, Ko Whanganui aho Good Afternoon and thank you for inviting me to open your summit today. I am delighted ...2 days ago
- Government to introduce revised Three Strikes lawThe Government is delivering on its commitment to bring back the Three Strikes legislation, Associate Justice Minister Nicole McKee announced today. “Our Government is committed to restoring law and order and enforcing appropriate consequences on criminals. We are making it clear that repeat serious violent or sexual offending is not ...2 days ago
- New diplomatic appointmentsForeign Minister Winston Peters has today announced four new diplomatic appointments for New Zealand’s overseas missions. “Our diplomats have a vital role in maintaining and protecting New Zealand’s interests around the world,” Mr Peters says. “I am pleased to announce the appointment of these senior diplomats from the ...2 days ago
- Humanitarian support for Ethiopia and SomaliaNew Zealand is contributing NZ$7 million to support communities affected by severe food insecurity and other urgent humanitarian needs in Ethiopia and Somalia, Foreign Minister Rt Hon Winston Peters announced today. “Over 21 million people are in need of humanitarian assistance across Ethiopia, with a further 6.9 million people ...2 days ago
- Arts Minister congratulates Mataaho CollectiveMinister for Arts, Culture and Heritage Paul Goldsmith is congratulating Mataaho Collective for winning the Golden Lion for best participant in the main exhibition at the Venice Biennale. "Congratulations to the Mataaho Collective for winning one of the world's most prestigious art prizes at the Venice Biennale. “It is good ...3 days ago
- Supporting better financial outcomes for KiwisThe Government is reforming financial services to improve access to home loans and other lending, and strengthen customer protections, Commerce and Consumer Affairs Minister Andrew Bayly and Housing Minister Chris Bishop announced today. “Our coalition Government is committed to rebuilding the economy and making life simpler by cutting red tape. We are ...3 days ago
- Trade relationship with China remains strong“China remains a strong commercial opportunity for Kiwi exporters as Chinese businesses and consumers continue to value our high-quality safe produce,” Trade and Agriculture Minister Todd McClay says. Mr McClay has returned to New Zealand following visits to Beijing, Harbin and Shanghai where he met ministers, governors and mayors and engaged in trade and agricultural events with the New ...3 days ago
- PM’s South East Asia mission does the businessPrime Minister Christopher Luxon has completed a successful trip to Singapore, Thailand and the Philippines, deepening relationships and capitalising on opportunities. Mr Luxon was accompanied by a business delegation and says the choice of countries represents the priority the New Zealand Government places on South East Asia, and our relationships in ...4 days ago
- $41m to support clean energy in South East AsiaNew Zealand is demonstrating its commitment to reducing global greenhouse emissions, and supporting clean energy transition in South East Asia, through a contribution of NZ$41 million (US$25 million) in climate finance to the Asian Development Bank (ADB)-led Energy Transition Mechanism (ETM). Prime Minister Christopher Luxon and Climate Change Minister Simon Watts announced ...5 days ago
- Minister releases Fast-track stakeholder listThe Government is today releasing a list of organisations who received letters about the Fast-track applications process, says RMA Reform Minister Chris Bishop. “Recently Ministers and agencies have received a series of OIA requests for a list of organisations to whom I wrote with information on applying to have a ...5 days ago
- Judicial appointments announcedAttorney-General Judith Collins today announced the appointment of Wellington Barrister David Jonathan Boldt as a Judge of the High Court, and the Honourable Justice Matthew Palmer as a Judge of the Court of Appeal. Justice Boldt graduated with an LLB from Victoria University of Wellington in 1990, and also holds ...5 days ago
- Education Minister heads to major teaching summit in SingaporeEducation Minister Erica Stanford will lead the New Zealand delegation at the 2024 International Summit on the Teaching Profession (ISTP) held in Singapore. The delegation includes representatives from the Post Primary Teachers’ Association (PPTA) Te Wehengarua and the New Zealand Educational Institute (NZEI) Te Riu Roa. The summit is co-hosted ...5 days ago
- Value of stopbank project proven during cycloneA stopbank upgrade project in Tairawhiti partly funded by the Government has increased flood resilience for around 7000ha of residential and horticultural land so far, Regional Development Minister Shane Jones says. Mr Jones today attended a dawn service in Gisborne to mark the end of the first stage of the ...5 days ago
- Anzac commemorations, Türkiye relationship focus of visitForeign Affairs Minister Winston Peters will represent the Government at Anzac Day commemorations on the Gallipoli Peninsula next week and engage with senior representatives of the Turkish government in Istanbul. “The Gallipoli campaign is a defining event in our history. It will be a privilege to share the occasion ...5 days ago
- Minister to Europe for OECD meeting, Anzac DayScience, 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 ...5 days ago
- Comprehensive Partnership the goal for NZ and the PhilippinesPrime 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 ...6 days ago
- Government commits $20m to Westport flood protectionThe 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 ...6 days ago
- Taupō takes pole positionThe 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 ...6 days ago
- Cost of living support for low-income homeownersLocal 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 ...6 days ago
- Government backing mussel spat projectThe 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 - ...6 days ago
- Government focused on getting people into workBenefit 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 ...6 days ago
- Clean energy key driver to reducing emissionsThe 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 ...6 days ago
- Earthquake-prone buildings review brought forwardThe 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 ...6 days ago
- Thailand and NZ to agree to Strategic PartnershipPrime 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 ...7 days ago
- Government consults on extending coastal permits for portsRMA 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 ...1 week ago
- Inflation coming down, but more work to doToday’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 ...1 week ago
- School attendance restored as a priority in health adviceRefreshed 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 ...1 week ago
- Unnecessary bureaucracy cut in oceans sectorOceans 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 ...1 week ago
- Patterson promoting NZ’s wool sector at International CongressAssociate 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 ...1 week ago
- Removing red tape to help early learners thriveThe 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, ...1 week ago
- RMA changes to cut coal mining consent red tapeChanges 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 ...1 week ago
- McClay reaffirms strong NZ-China trade relationshipTrade, 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 ...1 week ago
- Sexual assault victims give evidence in court, but alleged perpetrators don’t have to. Bruce Lehrm...
Source: The Conversation (Au and NZ) – By Kelly Saunders, PhD Candidate, University of Canberra There has been much analysis and praise of Justice Michael Lee’s recent judgement in Bruce Lehrmann’s defamation case against Channel Ten. Many people were openly relieved to read Lee’s “forensic” and “nuanced” application of law ...38 mins ago - What’s the difference between ADD and ADHD?Source: The Conversation (Au and NZ) – By Kathy Gibbs, Program Director for the Bachelor of Education, Griffith University zEdward_Indy/Shutterstock Around one in 20 people has attention-deficit hyperactivity disorder (ADHD). It’s one of the most common neurodevelopmental disorders in childhood and often continues into adulthood. ADHD is diagnosed ...38 mins ago
- Watch: Government's 'wheels are falling off already', Hipkins says, after minsters de...
The Labour leader says the demotion of two ministers today shows the PM "didn't have particularly good judgement". ...47 mins ago - Anti-Poverty Groups Urge New Minister For Disability Issues To Reverse Funding Cuts
The Fairer Future coalition of anti-poverty groups say Whaikaha must be properly funded going forward, and that to argue that poor financial management of the new Ministry is a red herring by the Prime Minister. ...1 hour ago - New Media Minister Must Rule Out State Intervention In Private MediaThe Taxpayers’ Union is today congratulating Hon. Paul Goldsmith on his appointment as Minister for Media and Communications and urges him to rule out state intervention in the private media sector. ...1 hour ago
- OPM leader’s open letter condemns Australia’s ‘treachery’ over PapuaAsia Pacific Report The West Papuan resistance OPM leader has condemned Australian Prime Minister Anthony Albanese and US President Joe Biden, accusing their countries of “six decades of treachery” over Papuan independence. The open letter was released today by OPM chairman Jeffrey P Bomanak on the eve of ANZAC Day ...1 hour ago
- ‘Emily Dickinson made me into a writer’: Lauren Groff on the power of reading
Welcome to The Spinoff Books Confessional, in which we get to know the reading habits and quirks of New Zealanders at large. This week: writer and one of Time Magazine’s 100 most influential people of 2024, Lauren Groff. The book I wish I’d written If I wish I’d written a ...2 hours ago - Watch live: Chris Hipkins speaks after ministers Melissa Lee, Penny Simmonds lose portfoliosThe Labour leader speaks from Parliament after the prime minister's sudden Cabinet reshuffle. ...2 hours ago
- What kind of diner are you? 6 types of diners who avoid plant-based meat dishesSource: The Conversation (Au and NZ) – By David Fechner, Research Fellow, Social Marketing, Griffith University mavo/Shutterstock Imagine having dinner at a restaurant. The menu offers plant-based meat alternatives made mostly from vegetables, mushrooms, legumes and wheat that mimic meat in taste, texture and smell. Despite being given that ...2 hours ago
- Auckland University Criminologist Slams ‘Racist’ Three Strikes Law“Three Strikes is a dead-end policy proposed by a dead-end government. The Three Strikes law ignores the causes of crime, instead just brutalising people already crushed by the cost of living.” ...2 hours ago
- Australia-born judge facing potential deportation from KiribatiBy Don Wiseman, RNZ Pacific senior journalist An Australian-born judge in Kiribati could well face deportation later this week after a tribunal ruling that he should be removed from his post. The tribunal’s report has just been tabled in the Kiribati Parliament and is due to be debated by MPs ...2 hours ago
- Can Body-Worn Cameras Work In Australia And New Zealand? Lessons From Milestone’s Denmark SurveyWith its clear mandate for police use, political nuances, and nuanced public trust, Denmark's insights provide valuable considerations for Australia and New Zealand. ...3 hours ago
- Media Minister Melissa Lee demoted from Cabinet, Penny Simmonds stripped of portfolioMelissa Lee has been stripped of the Media portfolio, while Penny Simmonds has lost the Disability Issues role. Follow as the PM explains. ...3 hours ago
- Climate change and human rights: how a landmark legal victory in Europe could affect NZSource: The Conversation (Au and NZ) – By Vernon Rive, Associate Professor of Law, University of Auckland, Waipapa Taumata Rau Getty Images A seven-year campaign by a group of over 2,000 Swiss women – average age 73 – recently ended with a European Court of Human Rights decision variously ...3 hours ago
- Page-turning rural gothic: Ash by Louise Wallace, reviewedBooks editor Claire Mabey reviews poet Louise Wallace’s debut novel. A famous poet once said to me that he’s always suspicious when a poet publishes a novel. I never really understood why but maybe it’s something to do with cheating on your first form. Louise Wallace is a poet. She’s ...4 hours ago
- Lower catch limits in force for Fiordland, Chatham IslandsNew catch limits in Fiordland mean recreational fishers will only be able to take much smaller bags of finfish and shellfish. ...4 hours ago
- New emergency management legislation delayed after bill pulled by GovernmentThe bill was introduced by the previous government in June last year. ...5 hours ago
- ‘It was my Eras tour’: Meet the world’s biggest TrueBliss fansFor a few months at the turn of the millennium, TrueBliss burned bright as the biggest pop stars in the country. Alex Casey chats to two superfans who still hold the flame. During a humble backyard wedding in Nelson, 1999, one of the cordially invited guests had to excuse themselves ...5 hours ago
- No more Census forms? Stats NZ mulls form of future surveysThe traditional Census form could become a thing of the past, as Stats NZ starts to rely more heavily on administrative data. ...6 hours ago
- The voices that vanish in a decimated newsroom How will the recent wave of job cuts impact ethnic diversity in the media? In November last year, I was working a very busy day in the newsroom of a large online news site, interviewing whānau about their concerns over the imminent closure of one of the few puna reo ...7 hours ago
- Half our colleagues suffer pain and discomfort from periods. But they’re still a taboo subject at ...Source: The Conversation (Au and NZ) – By Ruth Knight, Researcher, Queensland University of Technology Have you ever felt sick at work? Perhaps you had food poisoning or the flu. Your belly hurt, or you felt tired, making it hard to concentrate and be productive. How likely would you be ...7 hours ago
- 'We're going to be banning gang patches' – Police Minister adamantDespite heavy criticism and an ongoing select committee process, the Police Minister says the Government will forge ahead with a ban on gang patches. ...7 hours ago
- Is it possible to ‘objectively’ judge music? We asked 5 expertsSource: The Conversation (Au and NZ) – By Sam Whiting, Lecturer – Creative Industries, University of South Australia Shutterstock Everyone has a favourite band, or a favourite composer, or a favourite song. There is some music which speaks to you, deeply; and other music which might be the current ...7 hours ago
- Gloomy vibe from infrastructure sector as RMA changes unveiledA new survey says ‘outlook not great’ for those charged with building infrastructure, while RMA changes delight farmers and depress environmentalists, writes Anna Rawhiti-Connell in this excerpt from The Bulletin, The Spinoff’s morning news round-up. To receive The Bulletin in full each weekday, sign up here. First RMA changes announced ...8 hours ago
- From Gallipoli to Gaza: remembering the Anzacs not as a ‘coming of age’ tale but as a lesson for...Source: The Conversation (Au and NZ) – By Olli Hellmann, Associate Professor of Political Science, University of Waikato Getty Images When New Zealanders commemorate Anzac Day on April 25, it’s not only to honour the soldiers who lost their lives in World War I and subsequent conflicts, but also ...8 hours ago
- The end of the Census? Stats NZ to look at whether survey is still neededThe traditional Census survey could become a thing of the past as Stats NZ starts to rely more heavily on administrative data. ...8 hours ago
- Leaked document reveals millions of dollars of cuts at Te Whatu Ora
A leaked document shows the Canterbury/Waitaha arm of health agency Te Whatu Ora is scurrying to save $13.3 million by July. The “financial sustainability target”, which was “allocated” to Waitaha, is consistent with what’s happening in other districts, says Sarah Dalton, executive director of the Association of Salaried Medical Specialists. ...9 hours ago - Hiring freeze leaves Oranga Tamariki with no lawyers in Gisborne or SouthlandThe ministry's lawyers work with vulnerable children across the country, often in the youth and family courts. ...10 hours ago
- Is KiwiBuild finally on its last legs?A look at the state of the previous government’s affordable housing scheme, and what could come next. Remind me: What’s KiwiBuild again? First announced in 2012, KiwiBuild was a flagship policy of the Labour Party heading into both its 2014 and 2017 election campaigns. With Jacinda Ardern as prime minister, ...11 hours ago
- Labour has forgotten it was in governmentLabour in opposition will be shocked to learn which party had six years in power but squandered any chance to make real change. Grant Robertson’s valedictory speech was a predictably entertaining trip down memory lane. The acid-tongued incoming Otago University chancellor administered a sick burn to the coalition government. He ...11 hours ago
- Daily crossword, Wednesday 24 AprilThe post Daily crossword, Wednesday 24 April appeared first on Newsroom. ...11 hours ago
- Child protection decimation a ‘callous razor gang response’Opinion: It has been announced that nine percent of roles at Oranga Tamariki will be disestablished, presumably to help fund the tax cuts promised by the coalition Government. I am reminded of the graphics used to illustrate pandemic events, where five thousand people are standing in a field and then ...11 hours ago
- ‘Lesser Spotted Kiwi’ survives one of world’s toughest racesAfter more than two sleepless days, running through savage terrain, Greig Hamilton didn’t know if he was going to finish one of the most gruelling psychological assaults in sport. He was metres away from the finish line, a yellow gate made famous in a Netflix documentary; a race he’d dreamed ...11 hours ago
- Newsroom daily quiz, Wednesday 24 AprilLoading…(function(i,s,o,g,r,a,m){var ql=document.querySelectorAll('A[quiz],DIV[quiz],A[data-quiz],DIV[data-quiz]'); if(ql){if(ql.length){for(var k=0;k<ql.length;k++){ql[k].id='quiz-embed-'+k;ql[k].href="javascript:var i=document.getElementById('quiz-embed-"+k+"');try{qz.startQuiz(i)}catch(e){i.start=1;i.style.cursor='wait';i.style.opacity='0.5'};void(0);"}}};i['QP']=r;i[r]=i[r]||function(){(i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)})(window,document,'script','https://take.quiz-maker.com/3012/CDN/quiz-embed-v1.js','qp'); Got a good quiz question? Send Newsroom your questions. The post Newsroom daily quiz, Wednesday 24 April appeared first on Newsroom. ...11 hours ago
- ‘I was in awe of Germaine Greer’s face, her neck, her hands’The following interview with former Green Party MP Sue Kedgley came about because she features in the new memoir Hine Toa by activist Ngāhuia te Awekōtuku; the two knew each other at the University of Auckland in the early 70s, when they were both took on leadership roles in the ...11 hours ago
- Can social investment shift the dial on welfare and wellbeing?Exploring the arguments for and against a social investment approach The post Can social investment shift the dial on welfare and wellbeing? appeared first on Newsroom. ...11 hours ago
- Lessons identified must become lessons learned for emergency preparednessOpinion: It cost too much, apparently, to implement a ‘common operational picture’ The post Lessons identified must become lessons learned for emergency preparedness appeared first on Newsroom. ...11 hours ago
- The state of Taiwan’s silicon shieldTaiwan’s semiconductor industry is seen some as its ‘silicon shield’ against invasion – but how will overseas expansion affect that protection? The post The state of Taiwan’s silicon shield appeared first on Newsroom. ...11 hours ago
- Quake rules in for a shake-upThere’s relief for building owners bending under the weight of earthquake strengthening rules – and costs – that came into force seven years ago. Building and Construction Minister Chris Penk has announced a scheduled 2027 review of the earthquake-prone building regulations will now start this year. Owners will also get ...11 hours ago
- Kiwis are learning how to fight climate change – pollsBucking a common misconception, NZers no longer say recycling is the most effective action they can take to reduce climate pollution The post Kiwis are learning how to fight climate change – polls appeared first on Newsroom. ...11 hours ago
- Murray Horton: Get tough on Israel – we’ve done it before over spiesCOMMENTARY: By Murray Horton New Zealand needs to get tough with Israel. It’s not as if we haven’t done so before. When NZ authorities busted a Mossad operation in Auckland 20 years ago, the government didn’t say: “Oh well, Israel has the right to defend itself.” No, it arrested, prosecuted, ...14 hours ago
- Fiji journalism – starting with the people and ending with the peopleNEWSMAKERS: By Vijay Narayan, news director of FijiVillage Blessed to be part of the University of Fiji (UniFiji) faculty to continue to teach and mentor those who want to join our noble profession, and to stand for truth and justice for the people of the country. I was privileged to ...14 hours ago
- Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on b...Source: The Conversation (Au and NZ) – By Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, ...16 hours ago
- West Antarctica’s ice sheet was smaller thousands of years ago – here’s why this matters todaySource: The Conversation (Au and NZ) – By Dan Lowry, Ice Sheet & Climate Modeller, GNS Science Hugh Chittock/Antarctica New Zealand, CC BY-SA As the climate warms and Antarctica’s glaciers and ice sheets melt, the resulting rise in sea level has the potential to displace hundreds of millions of ...17 hours ago
- 'We can't forget those people': Public sector job cuts not just impacting WellingtonAt least 400 of the thousands of jobs on the line so far are outside Wellington, according to the Public Service Association. ...17 hours ago
- 'There's no evidence that three strikes reduces crime' – lawyersThe government's plan to reintroduce a three strikes regime is being strongly opposed by lawyers, who argue there is no evidence it reduces crime or helps people rehabilitate. ...19 hours ago
- Elon Musk vs Australia: global content take-down orders can harm the internet if adopted widelySource: The Conversation (Au and NZ) – By Dan Jerker B. Svantesson, Professor specialising in Internet law, Bond University Do Australian courts have the right to decide what foreign citizens, located overseas, view online on a foreign-owned platform? Anyone inclined to answer “yes” to this question should perhaps also ask ...21 hours ago
- Elon Musk says ‘disc replacement’ worked for him. But evidence this surgery helps chronic pain i...Source: The Conversation (Au and NZ) – By Giovanni E Ferreira, NHMRC Emerging Leader Research Fellow, Institute of Musculoskeletal Health, University of Sydney Last week in a post on X, owner of the platform Elon Musk recommended people look into disc replacement if they’re experiencing severe neck or back pain. ...22 hours ago
- The NSW treasurer says a slashed share of GST will cost his state $11.9 billion. But where did he ge...Source: The Conversation (Au and NZ) – By David Hayward, Emeritus Professor of Public Policy, RMIT University anek.soowannaphoom/Shutterstock NSW Treasurer Daniel Mookhey caught the headlines yesterday, courtesy of a blistering speech condemning the latest GST carve-up. New South Wales, he claimed, would be A$11.9 billion worse off over the ...22 hours ago
- Anti-gang laws faces heavy criticism at select committeeWhile police are "broadly in favour", the government's proposed anti-gang laws are facing pushback from lawyers, rights groups and former gang members. ...22 hours ago
- Anti-gang laws face heavy criticism at select committeeWhile police are "broadly in favour", the government's proposed anti-gang laws are facing pushback from lawyers, rights groups and former gang members. ...22 hours ago
- PNG’s PM Marape to ‘give hand to his bro’ Albanese on Kokoda TrailBy Miriam Zarriga in Port Moresby Australian Prime Minister Anthony Albanese has arrived at Kokoda Station, Northern province, at the start of his state visit to Papua New Guinea. Both Albanese and Prime Minister James Marape will meet with the locals and the Northern Provincial government before they begin their ...23 hours ago
- Ministry of Social Development accepts 200 voluntary redundancies – PSAThe Public Service Association says further job cuts are likely. ...24 hours ago
- Many Australians face losing their homes right now. Here’s how the government should helpSource: The Conversation (Au and NZ) – By Chris Wallace, Professor, School of Politics Economics & Society, Faculty of Business Government & Law, University of Canberra Shutterstock An important principle was invoked by Prime Minister Anthony Albanese last week in defence of the government’s Future Made in Australia industry ...24 hours ago
- French security forces in Nouméa ahead of two opposing marches todayBy Patrick Decloitre, RNZ Pacific correspondent French Pacific desk Security forces reinforcements were sent from France ahead of two rival marches in the capital Nouméa today, at the same time and only two streets away one from the other. One march, called by Union Calédonienne party (a component of the ...1 day ago
- Just 1 In 6 Oppose ‘Three Strikes’ – PollA poll last August found that just 16% of New Zealanders oppose bringing back the ‘Three Strikes’ law. The nationwide poll of 1,000 New Zealanders was commissioned by Family First NZ and carried out by Curia Market Research. ...1 day ago
- Scattergun: After the Death of Rūaumoko reveals the frightening talent of Ana ScotneyThe solo show from Ana Scotney is both sprawling and intimate, and a must-see, writes Mad Chapman. In the opening moments of Scattergun: After the Death of Rūaumoko, writer and performer Ana Scotney lays out the groundwork, literally. Silently moving around the square stage, Scotney is not so much dancing ...1 day ago
- Curious Kids: who makes the words? Who decides what things like ‘trees’ and ‘shoes’ are call...Source: The Conversation (Au and NZ) – By Kate Burridge, Professor of Linguistics, Monash University Who makes the words? Why are trees called trees and why are shoes called shoes and who makes the names? – Elliot, age 5, Eltham, Victoria Good question Elliot! Let’s start with ...1 day ago
- We’re only using a fraction of health workers’ skills. This needs to changeSource: The Conversation (Au and NZ) – By Stephen Duckett, Honorary Enterprise Professor, School of Population and Global Health, and Department of General Practice and Primary Care, The University of Melbourne at am Rawpixel.com/Shutterstock Roles of health professionals are still unfortunately often stuck in the past. That is, before the ...1 day ago
- Malcolm Evans: A new low in NZ media’s record of bias over PalestineCOMMENTARY: By Malcolm Evans Last week’s leaked New York Times staff directive, as to what words can and cannot be used to describe the carnage Israel is raining on Palestinians, is proof positive, since those reports are published verbatim here in New Zealand, that our understanding of the conflict is ...1 day ago
- New Zealand Survey Finds 65 Percent Agree The Economy Is “rigged To Advantage The Rich And Powerfu...In the case of New Zealand, the results confirm that there is no popular support for the vicious austerity program being imposed by the National Party-led government, which is backed in all fundamental respects by the opposition Labour Party. ...1 day ago
- Is Olivia Rodrigo about to announce a New Zealand show? An investigationThe ‘Vampire’ singer has never visited our part of the world, but that might all be about to change. We assess the evidence. Olivia Rodrigo’s Guts World Tour is pulling in massive crowds as it whips around the US and Europe, even helping to catapult regular supporting act Chappell Roan ...1 day ago
- Govt Repeal Of Te Mana O Te Wai Condemning Rural Communities To Unsafe Drinking Water – Greenp...Testing of drinking water in rural Canterbury over the weekend by Greenpeace revealed that several public town supplies were reaching levels of nitrate above 5 mg/L - the threshold which a growing body of scientific evidence has linked to increased ...1 day ago
- Vastly bigger than the Black Summer: 84 million hectares of northern Australia burned in 2023Source: The Conversation (Au and NZ) – By Rohan Fisher, Information Technology for Development Researcher, Charles Darwin University It may come as a surprise to hear 2023 was Australia’s biggest bushfire season in more than a decade. Fires burned across an area eight times as big as the 2019–20 Black ...1 day ago
- RMA Changes Welcome, But Must Go FurtherResponding to the Government’s announcement of changes to resource management laws, Taxpayers’ Union Executive Director, Jordan Williams, said: “These changes are a step in the right direction in terms of removing ideological and unworkable ...1 day ago
- Papua New Guinea: Slow Progress On Reforms And Ongoing Restrictions To Freedom Of ExpressionMore than two years after the Human Rights Council called for the establishment of a national human rights commission, such a body has yet to be formed. ...1 day ago
- Familiar laxity on show in Cyclone Gabrielle findingsComment: An emergency management system with wide variations in performance, significant capability gaps, funding shortfalls and above all a setup that is not meeting the needs of New Zealanders at times of crisis. The Government’s inquiry into the response to Cyclone Gabrielle and other severe weather events in the North ...1 day ago
- Existing roads could be tolled, officials tell Transport Minister Simeon BrownSimeon Brown is being encouraged to look at charging for existing roads to relieve pressure on transport funding. ...1 day ago
- Independent Review And Interim Coverage Rates Highlight Successful CensusApproximately five million people will be represented in 2023 Census data – that’s more than 99 percent of the population. ...1 day ago
- Is it time for anti-capitalists to embrace shopping? An argument with myselfWelcome to the whirring wonders of one brain trying to align its actions with its beliefs within a system it thinks is evil. My brain has been spiralling in a woke conundrum ever since I found out a bookshop I’ve never been to was shutting down. Good Books, a bookshop ...1 day ago
- The Criminal Bar Association Of New Zealand (CBANZ) Strongly Opposes The Proposed Return Of The Thre...We repeat our call for criminal justice policy to be based on evidence, something the three strikes regime neglects to recognise – with no evidence that it either reduces crime or assists with rehabilitation. ...1 day ago
- No clear winner as lobbying to form next Solomon Islands government intensifiesBy Koroi Hawkins, RNZ Pacific editor in Honiara With only four more seats in the 50-member Parliament yet to be officially declared, there is no outright winner in the Solomon Islands elections. As of Monday, the two largest blocs in the winner’s circle, independents and the incumbent Prime Minister Manasseh ...1 day ago
- Government reveals first changes to Resource Management ActFarming, mining and other industrial regulations are being scrapped and altered in a reformed RMA. ...1 day ago
- Space as a tool for change: Inside the innovation of two/fiftysevenTwo/fiftyseven is a multi-purpose space hidden in the heart of Wellington that is paving a way for sustainable building and responsible landlording in Aotearoa and beyond. By 2060 the world is predicted to double its entire building stock, which equates to building an entire New York City every 34 days, ...1 day ago
- TrueBliss react to their most iconic Y2K Popstars looksPopstars wasn’t just a reality television revolution, it was also a huge moment for Y2K fashion. It’s 25 years since girl group TrueBliss was formed on New Zealand national television, breaking new ground for both the reality television industry and the shiny clothing industry. With the first episode on NZ ...1 day ago
In effect, it seems that a Gorbachev moment has now come to the heartlands of neoliberalism, while New Zealand remains a kind of East Germany by comparison. No advances upon a Polish shipyard it would seem…..26 years of neo liberalism, yippeee!!!!!!!!!!
From Bill Rosenberg today
Inequality, bargaining power, debt and financial crises
With no Economic Bulletin this month, here is some remarkable thinking to ponder on during the break.
The International Monetary Fund (IMF) – the citadel and enforcer of neoliberalism – is doing some rethinking. This example is worth pondering. The attached magazine article outlines the thinking, and it goes like this.
Income inequalities have built up enormously over the last few years in the US. Wage earners have compensated for stagnating or falling incomes by borrowing. The 5 percent of the population who have become fantastically rich can’t spend all the money pouring in so they lend much of it to the other 95 percent. So the other 95 percent have become increasingly indebted – and many of them cannot repay it because of their low incomes. Hence the debt crisis. Debt crises will continue as long as this level of inequality continues. Even large scale defaults on loans (such as mortgage defaults) will only give temporary relief. The only way to fix the problem sustainably is to restore the bargaining power of wage earners, for example by strengthening collective bargaining rights.
While this is currently only a model and needs to be extended to an open economy, there is good evidence for it. It adds to the credibility of the analyses and views of prominent economists such as Paul Krugman, Raghuram Rajan, Robert Reich and Robert Wade linking increasing debt, inequality and crises.
We don’t have the data to do a similar analysis of New Zealand, but it should be considered. Our household debt situation is probably fuelled as much by plentiful supplies of international funds as lending by the wealthy local beneficiaries of our growing inequality. It may have been moderated by more generous transfers through the social welfare system than in the US. We addressed these issues in the CTU submission to the Savings Working Group – see http://union.org.nz/savings.
If you are interested in the full technical paper from the IMF, which has more factual detail and the full theoretical model, see http://www.imf.org/external/pubs/ft/wp/2010/wp10268.pdf
Regards
Bill
Dr Bill Rosenberg,
Policy Director/Economist,
New Zealand Council of Trade Unions, Te Kauae Kaimahi,
178 Willis St,
Education House, Level 7,
PO Box 6645,
Wellington 6141,
New Zealand.
Web site: union.org.nz
[redacted]
[lpent: don’t put phone numbers email addressees on the site. And put spaces in front of web addresses. Fixed both.]