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Christchurch earthquake & moral hazard

Written By: - Date published: 12:00 am, September 9th, 2010 - 94 comments
Categories: Economy - Tags: , ,

Fran O’Sullivan joins us in asking why the Government was so quick to completely bailout the South Canterbury Finance investors and is being so miserly with earthquake victims:

“Just imagine the uproar if the sequence had been reversed [if the earthquake came before the SCF].

Consider: Key goes down to the earthquake zone. Tells Cantabrians the Government will get behind them. But it will not be able to stand fully behind those who don’t have earthquake insurance. As he told TVNZ’s Q&A programme on Sunday: “It’s the 5 or 10 per cent of people that don’t have insurance that have said, ‘Look, I’ll risk it’ … and that’s the moral hazard for the Government because, on the one hand, if we pay everybody out, why would people take insurance. On the other hand, you’re gonna have people with real hardship and deprivation, and it’s getting that balancing act right. It’s not going to be easy.”

His Government has since indicated it will come to the party with a range of social services. But nobody is pretending a bailout is on the way for those who failed to take out insurance.

Consider again: if having already made crystal clear his Government’s view that it was too concerned about moral hazard risks, and the signal that would be sent if the Crown restored the losses of uninsured earthquake victims, Key then turned around a day or so later and said the Government was prepared to overlook moral hazard concerns when it came to South Canterbury’s bond investors and creditors and fully pay them out so it could get full control of the situation.

I suspect the uproar of hatred that has been pouring out against South Canterbury founder Allan Hubbard on far too many uncontrolled websites over the past week would have instead been directed against a Government arguably looking after well-heeled opportunists to whom it did not owe a red cent as they were not covered by the guarantee scheme.

As Maier said on Tuesday last week: “A lot of bets in the casino paid off big time today.”
What we have ended up with is very untidy: the Government has paid out “in the know” bond investors and foreign preferential shareholders who did not qualify for the guarantee.

Forget about moral hazard – the smart money now knows that the Key Government can be “gamed”.

I want to make a point about this moral hazard argument that the government is so concerned about with the earthquake, which it wasn’t concerned about with SCF.

The moral hazard argument is that if the government cover someone’s losses now, it will encourage them to take uninsured risks in the future in the expectation of a government bailout if things go wrong, imposing even more costs on the government in the future and unhinging capitalism by allowing return without risk. Both the SCF bailout and covering the costs of uninsured homeowners and workers could create a moral hazard.

But, in the case of the earthquake victims at least, there’s the social justice argument that you can’t allow families, especially children, to suffer because of the poverty or mistakes of the parents or their parents’ employers. Do people deserve to have their lives ruined because they couldn’t afford insurance? We have a moral duty to help.

It seems to me that there’s a simple solution: help people now, prevent people taking uninsured risks in the future.

How does it work?

Damage insurance: Government extends EQC coverage to all homes and contents affected by this quake, regardless of whether the people had home insurance or not (side question: if you’re a renter, your landlord presumably has the house insurance so gets EQC cover but do you get EQC cover for your contents?)

In future, EQC is funded not out of a levy on home insurance policies but by a levy on residential rates. Every property owner pays rates, so there’s no moral hazard problem of people not bothering to get home insurance – instead, everyone is covered and everyone pays. Bear in mind that you can’t get earthquake coverage from private insurers in Christchurch any more but there are still major earthquakes occurring.

Wages: Government covers the wages of all employers who can’t work due to the quake on top of any private insurance that businesses have. No-one is left out of pocket.

To avoid moral hazard, in the future wage insurance for disasters will be covered by a compulsory public insurance scheme like ACC, funded by a tiny payroll levy. And I do mean tiny – a $100 million pool expected to be paid out once a decade could be funded with a levy of just 1 cent per hundred dollars of wages. Again, everyone gets covered now and there’s no moral hazard for the future because a compulsory and universal insurance scheme has been introduced.

The government can help the people who need help now while avoiding creating an undesirable moral hazard for the future. The question is: will it choose to?

PS. Since my piece the other day, respected business journo Patrick Smellie has written an article dismissing the suggestion that the earthquake could be an economic boon, and Treasury has put damage at $4 billion and the initial output loss at 0.5% of GDP.

94 comments on “Christchurch earthquake & moral hazard”

  1. Loota 1

    One thing which aggravates me no end is how the NATs are willing to come up with in depth schemes, mechanisms and rationale over months and months in order to transfer a shit tonne of money over to their mates and random speculators vis a vis South Canterbury Finance.

    But can’t be assed trying to think through how they can help ordinary NZ’ers. Instead its “Not insured? You should’ve known better. Next.”

    • Marty G 1.1

      Paul Henry saying that uninsured people failed to take ‘personal responsibility’ so stuff them is a prime example of what you’re talking about.

      The ability to double think is amazing – i’ve seen him encourage an unemployed executive to go on the dole and 20 seconds later call a sickness beneficiary a bludger.

  2. Jenny 2

    My question is, what about those who couldn’t afford mortgages and have had to rent, but have lost their homes?

    If the rental property that housed their family has been damaged and is now uninhabitable, and as a result, they and their family are in a shelter. What assistance is being being given to them?

    Is the Minister of Housing going to break his silence on this issue?

    Is Housing New Zealand going to get the budget to increase their housing stock to meet the need for more rental accomodation?

    • Rex Widerstrom 2.1

      Very good questions, to which I would add one more: What, if anything, will be done to stop landlords who own an intact house profiteering as demand hugely exceeds supply by racking rents? And as a corollary, will a sitting tenant facing eviction on a flimsy pretence so the owner can flip the house and bring in new tenants at a much higher rent have any sort protection (other than the long, drawn-out and unpredictable Tenancy Tribunal process)?

      • Jenny 2.1.1

        Your right Rex to stop the speculators the obvious thing to do, is for Housing New Zealand to buy up the necessary number of suitable and undamaged empty homes from the private sector to add to their rental stock and rehouse all the homeless families.

        Sure this would cost, but it would only be a tiny fraction of the money made available to bail out SCF investors. Even Fran O’Sullivan realises who is the more deserving.

        captcha – “bought”

        • Herodotus 2.1.1.1

          How long do you think that will take, great idea.
          There will be months years depending upon the lenght of after shocks.
          There will be extensive geotech work being undertaken so as not to build on suspect land or to ascertain what geotech requirements are needed to protect the land, also I would imagine that the fault will have to be tracked & mapped.
          Roads that had minor hairline cracks on Monday now due to aftershocks have 1m fracture lines. One reason why it is taking so long to review the damage. So in some cases raoding and other infrastructure initially passde has subsequently required 2nd or 3rd visits to find out that it requires remedial or replacement.
          Making land available, it does not magically appear from a tree. There is extensive town planning infrastructre planning e.g. stormwater, wastewater efects on traffic movements etc. If we fast track then there is a great potential for poor planning and a disaster. this sad event has allowed us the potential to redesign a major city and with wisdom and knowledge to improve on what was there.
          We currently have one major disaster partically caused by haste, poorly designed law and companded by poor decision making. Do we really want to be the authors or 2 really basd decisions within a year?

          • Jenny 2.1.1.1.1

            .
            Herodotus it would only take a matter of days for HNZ to buy up the necessary number of undamaged vacant rental properties.

            My point. There should not be one family homeless while there is one empty house.

            captcha – “fixes”

            • Jenny 2.1.1.1.1.1

              In fact with the political will it shouldn’t take more than an afternoon to ring all the real estate agents and offer them a lump sum for all the vacant properties on the books.

              If there are any families still in shelters by the end of next week it is because someone wants it that way.

            • Jenny 2.1.1.1.1.2

              In fact with the political will it shouldn’t take HNZ more than an afternoon to ring all the real estate agents and offer them a lump sum for all the vacant properties on their books.

              If there are any families still in shelters by the end of next week it is because someone wants it that way.

            • Herodotus 2.1.1.1.1.3

              There will always be a sector of the pop whos actions are detesable e.g. breaking and stealing from special needs school as per TV1 news. You would require a willing vendor, and with this catastrophe so freash that to spend time and valuable resources in this would be taking away from the initial needs. HNZ cannot even manage the properties within Auck that the either own or lease. “My point. There should not be one family homeless while there is one empty house.” agreed, That is if there are any vacante properties within Chch which I doubt.
              But my response was that I think the relief effort re housing and infrastructure will being to slow down for many valid reasons. Yet there will be some incl bloggers & media with their selfish agendas that are more important than those at the coal face working thru the issues that the public will not be aware or have any understanding of as to why. e.g. the results of after shocks requiring extra inspections. I have not heard from media of this, so many will be unaware of such events and the unavailablity in their situation of roading, building inspectors and other staff.
              Whilst there is this immediate need, as a minor feel good for those in Chch when the initial problems are resolved, perhaps a AB game against Canterbury (festival type incase Dan or Richie get injured for next year) at Lancaster Park and free with TV rights and a telthon type assisting in financial support for the area. (A bit like the forest fires in the mid 80’s in Sydney when our cricket team went and played the Aussies in a one dayer)

              • Jenny

                .
                Herodotus, from your comments I gather that you think rental tenants on low incomes made homeless by the quake, are undeserving of any government help to get a roof over their heads. (Well at least, less deserving than the millionaire investors in SCF who were bailed out to the tune of $1.6 Billion)

                Firstly you cynically set the scene with a broad smear:

                There will always be a sector of the pop whos actions are detesable e.g. breaking and stealing from special needs school as per TV1 news.

                Secondly you infer that putting funds into housing the homeless renters will be taking money from more deserving causes, (though you don’t say what, but most of us can guess):

                …to spend time and valuable resources in this would be taking away from the initial needs.

                Thirdly along with fake praise, you try and infer that there may be no suitable houses:

                “My point. There should not be one family homeless while there is one empty house.” agreed, That is if there are any vacante properties within Chch which I doubt.

                Well on this you can easily be proven wrong;

                Here are scores and scores of recent listings for unsold houses in good condition at reasonable prices in Christchurch, on just one Real Estate company’s website.

                Some are advertised as already tenanted but many are vacant.

                You can wriggle and squirm all you like, but the fact is, that for a small fraction of the cost of bailing out well off investors who bet on a lemon, all the families suffering homelessness from the earthquake could be housed.

                All it will take is the political will. The “Moral Hazard” that Fran O’Sullivan talks about is when apologists for this sort of double standard like your good self, try and argue against any bailouts for the less well off affected by an earthquake but have no problem gifting hundreds of millions of dollars to the well off.

                • Jenny

                  .
                  Herodotus; It is interesting, that in your diatribe against Housing New Zealand taking any role in housing the homeless, you also claim (without citation):

                  HNZ cannot even manage the properties within Auck that the either own or lease.

                  This shows to me that you are philosophically opposed to the state having any role in the social provision of housing even in case of dire emergency. Using the old chestnut that the public sector is inefficient, your argument implies you believe the private sector would be better left to house the low paid homeless, and that state rentals should be abolished, or run as a subsidy for privat landlords. Which is arguably happening now in Auckland where HNZC leases homes from private landlords providing them with a permanent income.

                  I also notice that you think that rather than address the problem, you suggest “feel good” palliatives:

                  Whilst there is this immediate need, as a minor feel good for those in Chch when the initial problems are resolved, perhaps a AB game against Canterbury (festival type incase Dan or Richie get injured for next year) at Lancaster Park and free with TV rights and a telthon type assisting in financial support for the area. (A bit like the forest fires in the mid 80′s in Sydney when our cricket team went and played the Aussies in a one dayer)

                  Your suggested strategy, reminds me so much of the arrogant quote from Roman times in answer to the inequality of that ancient decadent society, give them “Bread and Circuses”.

                  P.S. Another weird thing. When you click on the link to the real estate listings, it it like the Christchurch earthquake never happened. In this alternative universe, middle class suburbia is as immaculate and untouched as ever.

                  capcha – “columns” -Roman maybe? collapsing even? – (Herodotus, like your argument.)

  3. tsmithfield 3

    Can’t agree with the article by Smellie. Something he has overlooked is that substantial amounts of the money will come from overseas insurers via reinsurance by NZ insurers and reinsurance by the EQC.

    Thus a lot of the money coming into the Canterbury, and indirectly NZ economy will be coming out of the bucket of overseas investors. Thus, new money will be coming into the economy. Therefore, it won’t be a zero sum game, so far as the NZ economy goes anyway.

    One interesting thing to note with the effect on Christchurch and its surrounds is the vast disparity of the effect. Many of the houses (including mine thankfully) have been largely unaffected. I went down to work on Saturday morning to check out our building. I was expecting to see the area (Sockburn) flattened. Our building is typical tilt-slab construction. I have always felt a bit nervous about being in that type of building with having great slabs of concrete that could potentially tip over. However, to my surprise there appeared to be little or no impact on the area. We rang around our clients on Monday morning and most of them had little damage as well.

    Given the proximity, shallowness, and strength of the quake, it is amazing that there was not a hell of a lot more damage.

    It appears that the damage is largely limited to eastern areas with sandy soil, and older buildings that weren’t earthquake-strengthened.

    Where rebuilding is required my view is that the government, insurers etc should put money into buying up land that will stand up well to earthquakes for rebuilding houses. I see little point in rebuilding on land that is likely to suffer the same effect next time there is a major quake. The alpine fault is still lurking, after all. In this way some real gains could be made for the city in terms of survivability next time there is a big shake.

    • Marty G 3.1

      ts. your problem is that you’re seeing GDP as a measure of economic wellbeing. The fact is we’ve lost $4 billion of capital wealth and will now be replacing it.

      It’s not just me and Smellie saying this. check out the rightwing economists at The Visible Hand in Economics. The author, Matt Nolan, is regularly published in the Dom.

      As TVHE says:
      ” [People are] confused between the flow concept, which is investment and GDP, and the stock concept, which is capital and underlying wealth. We have lost capital, and we have lost wealth – this negative shock is not just sucky for the people who had to face a disaster, but it IS a “negative for the economy” in terms of measured wealth.

      I mean flip, if destroying a city is “good for the economy” why don’t we send the tanks into Wellington to blow it up right now? Actually, I’m in Wellington – lets make that Auckland instead

      And there was a very good article on yesterday’s morning report.

      I think it’s somewhere here: http://www.radionz.co.nz/audio/national/business/morning/2010/09/08/morning_business_for_8_september_2010

      and this ABC article

      http://www.abc.net.au/news/stories/2010/09/07/3004467.htm?site=thedrum

      don’t mistake economic activity for economic wealth.

    • lprent 3.2

      It is pretty obvious. It is a negative to zero sum game. At the end you don’t have any better abilities to generate wealth than you did before the quake. Sure a few people will be better off because they’re doing construction, but others will take a hit.

      Unconsolidated (compaction) or weathered sediments (slips) are always the big issue in earthquakes and probably cause more damage than the actual shaking. One of the issues with trying to pick winners in house siting is that you really can’t be too sure about what sites are ‘safe’ until after the event that destroys some. Even then, a slightly different other event may cause a destruction that the first didn’t. You can only really estimate and guess. It is simpler and more effective to simply over engineer.

      These local shallow earthquakes are far more dangerous to ChCh than the alpine fault. That will have dissipated most of its high yield energy through distance and won’t affect the local sediments as strongly.

      • Mr Magoo 3.2.1

        Rod Oram spoke exceptionally well (again) on the topic on national radio. (podcast available)

        It is worse than that. The foreign money rebuilds the old assets and it is true that all those working on this are extra stimulus. Note also that the industry it will be propping up is in serious trouble and looking at laying off 20k people at the moment.
        However those overseas insurance firms are going to want to recoup that money and thus premiums for the whole country are going to go up to cover that – so we pay in the end anyway.
        He also noted that the rebuild will not increase productive capacity at all.

        The way I see it this just ends up being the short term stimulus the nats failed to give us in the first place. What is better is that this foreign money it is coming from greedy insurance companies. Sure we have to pay it back but in the interim it is stimulus and if the government borrowed it for stimulus we would have had to anyway.

        He was saying he hoped that CHCH and the government would use this as an opportunity to rebuild the city and make it better rather than just rebuild what was there.

        Fat chance there of course. Between the greedy insurance companies wanting to do the min possible and this no-ideas government that will never happen.

    • Lazy Susan 3.3

      substantial amounts of the money will come from overseas insurers via reinsurance by NZ insurers and reinsurance by the EQC

      This is a specious arguement as insurance payouts are not “free” – they are paid for with past and future premiums. Had there been no insurance or EQC then the money saved on premiums would have been available to invest in the economy.

      Captcha: faults!… is this software really that smart?

      [lprent: Nope. It just has a very long list of words and a pseudo random number generator. Humans are good at reading meaning into almost anything – tealeaves? entrails? captcha? ]

    • Draco T Bastard 3.4

      It’s always a zero sum game no matter how hard the economists, RWNJs and other idiots try to believe it isn’t. When there are limited resources (real resources, not money as money isn’t a resource) then it is always an either/or option. You either put the resources into doing one thing or the other. In this we are now putting resources into rebuilding Christchurch rather than doing the 1001 other things that the community needs.

      And yes, as has been pointed out, the loss will be increased by the deadweight loss of profit.

  4. tsmithfield 4

    “your problem is that you’re seeing GDP as a measure of economic wellbeing. The fact is we’ve lost $4 billion of capital wealth and will now be replacing it.”

    Depends on how we rebuild. The earthquake has shown us what stands up and what doesn’t.
    To that extent what we have lost was going to be lost at some stage anyway. So, a fair degree of the damage could be described as a contingent liability. That contingent liability has been effectively offsetting the asset values in Christchurch for decades.

    If we rebuild in ways that mitigate future problems we will have eliminated a fair degree of the contingent liability for the future, so there will be an effective net gain in assets over the long term as there will be less loss in future events. Therefore, even from the perspective you are arguing real wealth will have improved because the spend will reduce future liabilities, not just replace what has been lost.

    • Marty G 4.1

      We’ve lost $4 billion of physical capital. Now we have to expend financial assets to rebuild that. It is not a wealth gain. It is a wealth loss. The rebuilding will boost GDP but that just shows the limitations of GDP as a measure of economic or broader human welfare.

      • Bunji 4.1.1

        GDP is just cashflow. Any analysis of a balance sheet for the economic wealth of a person or business is going to look at assets as well as cashflow, as it needs to for a country. Yes, your cashflow has increased, but your assets have been wiped out. The bank isn’t going to look at your mortgage more favourably if you get a pay rise but the house it paid for has been destroyed.

        (and GDP certainly isn’t even trying to be a measure of broader human welfare…)

    • Loota 4.2

      If we rebuild in ways that mitigate future problems we will have eliminated a fair degree of the contingent liability for the future,

      If you can tell me how Key and Brownlee’s ‘retroactive building consents’ i.e. ‘build now and get it approved against current standards sometime in the future’ system will get Christchurch to improve their buildings and “mitigate further problems” I will be really impressed.

      Basically the only improvement I see happening is that old weaker buildings have been taken out of the stock. But the earthquake did that, not the Government.

  5. The dilemma seems to originate from a misplaced expectation of consistency.
    Welfare for the rich has never been a problem for National and ACT.
    It’s only abhorrent to them when it’s welfare for those who actually need it.

    • F.Y 5.1

      true. I’d say it’s not entirely “welfare” but the passing of potential to influence power structures in the future. Poor people/non-company investors are outside the group/culture and could believe/do anything. Why give them anything? They’re impossible to control/predict.

      By giving money to SCF investors but not specifically people who have lost in the quake, the balance of power goes to those with the financial resources to influence Christchurch in the rebuild/allocation of work/livelihoods.

  6. BLiP 6

    I see that premiums are going to rise for all of us because of that luckless lot in Christchurch – its something about “spreading the risk” – fucking socialist insurance industry!!

    • Loota 6.1

      I propose that we put a 100km ring around Christchurch and legislate so that insurance companies must draw their increased premiums from within the radius.

      After all, why should I have to pay for someone else’s frakked up property with my insurance money when I chose to live in a property sitting on top proper bedrock and they took the risk of living on swampland?

      Teach them some individual frakkin responsibility for their bad choices.

      • Mark M 6.1.1

        Your all class Loota. (NOT)
        cantabrians dont complain when regular North Island floods push up premiums , when overseas Earthquakes and Tsunamis push up premiums.
        thats because we have compassion , something you, on whatever planet you live on seem to be lacking.

        Im sure if the shit hit the fan in your area you would be the first one whining for help.

      • Puddleglum 6.1.2

        I’d go further Loota – I don’t think I should provide a subsidy to all those who build on hills, near the shore, in wet areas, etc., etc.. In fact, I think it should be illegal for insurance companies to charge any two home-owners the same premium – why should I pay for my neighbours’ bad decisions on how they situate their house on their property, the kinds of materials they use, etc.?

        And don’t tell me the transaction costs for insurance companies (who would no longer be able to operate from actuarial tables at all) would go through the roof. So what? Why should I subsidise the insurance companies doing business by having them walk all over my economic freedom NOT to have to pay for others’ mistakes??? Of course, that would mean that all our premiums would probably go up astronomically as the cost of the insurance business goes up but at least we’ll all be FREE and unconstrained by our fellow human beings’ choices!

        Bliss!

  7. jbanks 7

    You buy a house, you buy insurance.

    That is all.

    • BLiP 7.1

      You invest with a finance company, you take the risk, that is all . . . oh, hang on

      • jbanks 7.1.1

        There was a Guarantee Scheme in place that both Labour & National supported. The Govt. is obligated under this guarantee to pay out the investors. The Govt. is under no obligation to pay out home owners who choose not to insure.

        It’s really not that hard to comprehend.

        • Blighty 7.1.1.1

          no legal obligation, no. But that’s not the test of whether a government is doing what’s right. If it was (Godwin alert) then everything that the National Socialists did was OK because it was within the law of Germany at the time.

          the question is what is morally right, not whether the government is doing the bare minimum that it legally must.

          • jbanks 7.1.1.1.1

            What’s morally right is what is best for the survival of the group. Paying out house owners who undermine our vital insurance system will only benefit them at the determent of society.

            • r0b 7.1.1.1.1.1

              I’m just curious jbanks – who do you think makes up “society”?

              • jbanks

                A collection of individuals.

                • r0b

                  Individuals, like, say, house owners?

                  • jbanks

                    House owners are a part of society. But as I said, paying out those minority uninsured individuals would be at the expense of society as a whole.

                    • r0b

                      I don’t think it’s so easy jb to distinguish between the health of society as a whole and the health of the individuals who make up society,

                    • jbanks

                      “I don’t think it’s so easy jb to distinguish between the health of society as a whole and the health of the individuals who make up society,

                      Imo if people choose to risk not to have insurance then that’s their responsibility. Giving people without insurance the same benefits as those with is a dangerous precedent to set.

                    • r0b

                      Imo if people choose to risk not to have insurance then that’s their responsibility.

                      Imo one of the defining features of a society is how it chooses to take care of its weakest members.

                      Gotta go for now…

        • BLiP 7.1.1.2

          Can you please show me where in the DoG it says New Zealand has to pay back foreign investors, with interest?

        • Draco T Bastard 7.1.1.3

          The government is only obligated to do so if the finance company hadn’t broken the terms of the agreement. This government didn’t even wait long enough to discover that before paying out.

    • Blighty 7.2

      like BLiP said but also, what do you say to the children of parents who lost their jobs, couldn’t afford insurance, and now have wrecked houses? Do you say ‘thems the breaks, kid’?

      • jbanks 7.2.1

        What on earth are you on about? Welfare is still available after the earthquake. There’s even Earthquake Support Subsidies & Earthquake Redundancy Payments.

        Also there’s no such thing as ‘couldn’t afford insurance’. You buy a house, then insurance is part of this process.

        Wtf is the point of people getting insurance if the state will bail them out if they choose not to fork out all that money for it?

        • Pascal's bookie 7.2.1.1

          So you object to the 350/week/employee subisdy being paid to SME owners who failed to get insurance?

          • jbanks 7.2.1.1.1

            Morally I object. But I think that it’s a pragmatic thing to do temporarily.

            Forking out tens to hundreds of thousands to people I object to.

            • Pascal's bookie 7.2.1.1.1.1

              Why is one pragmatic and the other not?

            • mickysavage 7.2.1.1.1.2

              So Social Welfare for employers and wealthy investors is OK but Social Welfare for income poor landowners is not?

              • jbanks

                You got it. It’s about viable investment.
                Not paying out irresponsible landowners will not be detrimental to our economy. Not paying out employers and SCF investors would be.

                You own a house, you have insurance. No exceptions.

                • F.Y

                  Not paying out irresponsible landowners will not be detrimental to our economy. Not paying out employers and SCF investors would be.

                  LOL You’re taking the piss, surely. Are the implications of the statement due to self parody or mental retardation?

                  • jbanks

                    You not speeka da finance fool?

                    SCF’s collapse would have damaged the economy a whole lot more than the cost of paying out investors.

                    • BLiP

                      You’ll have some evidence to back that up, then?

                    • jbanks

                      Finance Minister talks of ‘minimal disruption’ to wider economy from South Canterbury collapse.

                      http://www.nzherald.co.nz/business/news/video.cfm?c_id=3&gal_objectid=10670273&gallery_id=113600

                    • bbfloyd

                      not forgetting, of course, that the nats encouraged a rash of high risk investment by extending the guarantee scheme earlier this year. one wonders how this would have played out if they had played it straight.

                      if you were capable of pulling your head out of your arse, then wiped your eyes with a clean rag, you might see the timeline that goes back to that decision creating a huge money pit for the wealthy nat backers.

                      btw, how big will your payout be?

                    • BLiP

                      That’s it? A New Zealand Fox News Herald puff piece – reporting the words of Blinglish – without one specific?? I’m going to assume you’re in Christchurch and waiting for your primary school to re-open. There’s the indelible odour of young troll about you. Tell me, what’s your favourite iwi?

                • Blighty

                  or, to put it another way: ‘fuck you poor peps ,more taxpayer money for the rich!’

  8. Richard 8

    I think that there is absolutely a moral argument to provide for the uninsured in CHCH. Yes, it would be better if those people had insurance, but due to some combination of being either poor, stupid, or misinformed, they don’t. We should be helping them out of their situation, not blaming them for their situation.

    In some ways, the same argument applies to SCF. If somebody who invested in SCF lost so much that they could no longer avoid housing, clothing, or food, then the various social mechanisms that we have (dole, etc) should have looked after them. And that would be good. Such people (if there were any) were obviously stupid, greedy, or misinformed, but we shouldn’t blame them for this, we should help them out of their predicament.

    The problem with the SCF bailout is that it didn’t just target those who really needed help, it targeted those who had only lost a bad “investment” (which is likely the majority of investors) and also those who invested at the last minute in the anticipation that they would be bailed out. Neither group actually need rescuing by the tax payer from the poverty line.

  9. disengaged 9

    One thing (of the many) that I am finding interesting about the SCF Vs Quake debate is that most people seem to be assuming that the SCF investors were all greedy fat cats taking advantage of the taxpayers to feather their own nests, whereas the uninsured quake victim is a worker poor, hard done by victim. I actually suspect that they may in fact both be very similar people.

    Most of the people who I know that have been effected by SCF (which granted is a limited subset) are retired people who have invested large portions of their lifesavings into SCF for two reasons: 1. Because of that nice Mr Hubbard man and 2.Because it was covered by the Govt Guarantee Scheme and therefore the risk of them losing their lot was greatly reduced. They weren’t greedy or looking for quick returns, but because they are living off of the interest of these investments even a 1% increase on return would make a big difference to their life. So if they had lost their savings they more than likely would be left pennyless at a time in their life where it is impossible for them to recover (not a great deal of employment opportunities for octogenerians).

    Turning to the uninsured quake victims, If you have a mortgage then normally it is compulsory to have your house insured (not the contents), in fact if you don’t do it yourself in many cases the bank will do it on your behalf and add the premiums onto your payments. So the people most hurt are likely to be the retired people who are asset rich (paid off their home many years ago) but are cash poor (living on a pension) and have cut their expenses to the bone. They will have no means to rebuild and many may be forced to give their independance and move in with family, retirement homes etc.

    Either way it’s not a pretty picture and I’d like to think that New Zealand is the type of country that will work to help those in need.

    I like your idea of compulsory EQC cover being included in rates (I’d also like to see third party car insurance added to registrations too, but that’s for another debate). As at the moment the only benefit I see from EQC is to the insurance companies, not to the insuree.

    • Pascal's bookie 9.1

      Either way it’s not a pretty picture and I’d like to think that New Zealand is the type of country that will work to help those in need.

      This.

      • jbanks 9.1.1

        Providing welfare such as Earthquake Support Subsidies & Earthquake Redundancy Payments – YES

        Spending tens of thousands on fixing or hundreds of thusands on replacing your home –
        NO

  10. Bill 10

    Why is the industry of vultures (private insurance) allowed to exist in a civilised country?

    People making profit out of the misfortune of others, or those peoples’ fear of misfortune, while condemning those who didn’t buy into the fear or who couldn’t afford to, is beneath contempt.

    In the earthquake situation, the existence of private insurance is about to lead to a whole raft of class ridden aftershocks that wouldn’t exist if the state controlled the entire insurance market.

    Time to shut out the private insurance companies.

    • clandestino 10.1

      Insurance is one of the most brilliant and fair concepts ever conceived by man. Get your head out of your ar$e

      captcha: ‘market’…this thing IS rigged

      • Tigger 10.1.1

        Cland – that’s the stupidest generalization I’ve read in ages.

      • Vicky32 10.1.2

        Oh yes – do you remember that before Fire Brigades existed, competing insurance companies would literally fight so that their crews could sign up a desperate home-owner while her house burned around her ears, and only then would the winner extinguish the flames? Brilliant – yeah.
        Last night on Fair Go I saw again the story of Sovereign’s refusal to pay out for a man who’d had a mortgage protection policy, and who had lost a leg, on the grounds that he needed to have lost *two* limbs in order to qualify! Brilliant for Sovereign, yes, but fair? Get *your* head out of your bank book…
        Deb

        • Loota 10.1.2.1

          Come now Vicky, I am pretty sure the guy who got maimed had an insurance policy which stated very clearly, somewhere in the 30 pages, in 7.5 point arial, as part of a footnote, that the insurance company could only pay out in the event of losing two limbs and a simultaneous martian invasion. Look that’s fair and square, buyer beware.

          Yeah thank you Sovereign, you bunch of ***holes.

          • Vicky32 10.1.2.1.1

            The worst thing is that the insurance was through ASB who insisted on it as a condition of his mortgage – he hadn’t even wanted it, then was thankful he had it after the horrible trauma of losing his leg.
            I know what company(ies) to avoid! I’ve noticed that most insurance companies always go out of their way to not pay out – except I must say good on you State who paid without question when some tosser stole my son’s bag at the IMAX cinema in Auckland in 2008…
            Deb

        • clandestino 10.1.2.2

          What about all the times insurance has worked for those who bought it? The stolen stereos, the broken windows? As a fair measure of risk and value it is proven.
          I suggest you watch less TV….or get a job

          • Loota 10.1.2.2.1

            Frak the stolen TVs and the broken windows, we are talking about a man maimed for life here and a corporate which has walked away; not replacing BS material possessions.

            • clandestino 10.1.2.2.1.1

              What about the straw-man in the hayfield??? You’re gonna have to do better than that emotional blackmail…show me something endemic

              • Maynard J

                How about this. Two Christchurch homeowners face houses in ruins. One will get all their money back, and be well looked after in the mean time. One has no idea what their future holds and can do nothing tohelp their situation now. The first, of coruse, took out home insurance, the second did not. The first, in paying for insurance, forfeited the fourth week of a European holiday. The second, in not buying insurance, chose not to forfeit new shoes and school uniforms for their children, home heating and repairs on a washing machine.

                How is that brilliant and fair? Simple example, but the idea that those who don’t take insurance out are being cowboys with risk is absurd, inaccurate and simplistic. It’s easy to spend a little extra money if you have a lot to spare, once your needs have been met.

        • infused 10.1.2.3

          How about they read their policy… It’s the same as investing… for gods sake, do some research first. Almost a darwin award.

          • Maynard J 10.1.2.3.1

            Yeah, the dumb bastard should have known that they were going to lose one limb in a few months and looked for a policy that would have covered it. But then perhaps they did, and the two-limb policy didn’t cover a scalping while using a go-kart and they couldn’t afford both policies, and their crystal ball got it wrong, they lost the limb and didn’t get scalped. ffs mate are you really stupid enough to believe what you wrote there?

            If that’s how dumb you are, no doubt you’ll be up for one when you decide to chop your arm off with a chainsaw to win a bet or something that’s actually stupid.

            • infused 10.1.2.3.1.1

              The one arm/one leg/two arm/two leg is quite comonly known. People should read their policy.

      • Puddleglum 10.1.3

        I can see how insurance is brilliant, in the sense that it’s a brilliant device for leveraging money from anxious people in individualistic societies where they are left to manage risk in isolation from each other.

        But how is it ‘fair’?

        • Bill 10.1.3.1

          It is fair insofar as we are all fair game. No?

          I mean, seriously. My peers (as expressed through societal norms) expect me to get life insurance!

          ie Society expects me to pay money to get money for when I no longer exist? And if I don’t then I’m selfish…not that insurance agencies are shameless profiteering bastards?

          • clandestino 10.1.3.1.1

            The money’s for your kids (if you have any). Why can’t some people just accept some things are here to stay coz they are simply too good to throw away??

            • Loota 10.1.3.1.1.1

              Yeah, you’ll see this argument come back to haunt ya.

            • Bill 10.1.3.1.1.2

              No, you idiot. The money’s for the recipients (the insurance companies) to invest and make a profit from.

              You’re just the expression of the fear factor that provides them with their cash flow.

              • clandestino

                Riight…it’s idiots like you that are gonna cost us all a fortune…we’ll see how that comes back and haunts us.

  11. Treetop 11

    I have been doing a comparison with the Christchurch earthquake residents and South Canterbury Finance. I have asked myself the following questions:

    1. Christchurch earthquake magnitude?
    2. Government assistance for the Christchurch earthquake residents?
    3. Source of resources for the Christchurch earthquake residents?
    4. Level of trauma for the Christchurch earthquake residents?
    5. Duration of trauma for the Christchurch earthquake residents?

    Substitute the word Christchurch earthquake for South Canterbury Finance.

    My fifty years of life has taught me to look at my own resources first.
    Read the fine print when signing a contract.
    Experience is something you get after the event.
    Anger is an emotional response to discomfort.
    What goes around comes around.

  12. Jenny 12

    Fran O’Sullivan worries that the Christchurch Earthquake is a “moral hazard” for the government.

    The answer must be that:

    The Christchurch Earthquake has split open this government’s caring facade’ and revealed a very serious deficit in their ability to address the problem of those on low incomes made homeless by this quake.

    The Minister of Revenue has put out a statement on the earthquake here.

    Yet dispite the homelessness caused by the earthquake the Minister of Housing is still keeping silent about what the response from his department will be.

    In Fact yesterday in Hon. Phil Heatley’s first Media release since the earthquake. It was like it never happened.

    Media Release – 08 Sep – Hon Phil Heatley

    Has the Minister and his Government Department been caught flat footed by this disaster, because Housing New Zealand has been turned from a Social Service provider, into a cash cow provider for landlords and developers?

    In my opinion there is no excuse for even one family to be homeless by the time of the Mayoral election. If any suitable and undamaged property on the market is left empty by the inaction of the Ministry of Housing then serious questions need to be asked.

    I hope both candidates are lobbying central government for a proper response, from the Ministry of Housing. If not the voters of Christchurch need to ask why?

    Is this silence from the Ministry of Housing trying to hide a deliberate and callous decision made by the Minister and his advisers not to make a response to the Earthquake?

    Is Housing New Zealand trying to increase their rental stock Christchurch to meet the demand?

    Will the Minister allow them to?

    captcha – “actions” how we will know them.

    • Jenny 12.1

      With Minister of housing Phill Heatley still crouched under his cone of silence. Now might be a good time for the shadow minister of housing to speak up.

  13. Where have we seen this before, oh yes big banks baled out while subprime homes abandoned for c
    carparks.

    antispam: pause (between aftershocks)

    • Bill 13.1

      Indeed Dave.

      I live a ways south of Christchurch and am about to put up my first refugee…a renter who has lost their home and is touring the S. Island on the fly buying time. (Anybody want to claim that such people are not refugees…internally displaced persons?)

      In two weeks my home opens to a Cantabrian seeking temporary respite. And I very much suspect the fact it is temporary is only down to the fact that their connections are just a bit too deep for them to feel able ( at this moment) to tear up their roots and walk away for good.

      There are going to be significant numbers of people flooding out of Christchurch in the not at all too distant, adding all types of additional pressures to already barely adequate social provisions in NZ.

  14. Augustus 14

    The more risk cover can be taken away from private insurers the better. A universal levy through rates is a far better option. That would also not give insurance companies an excuse to increase premiums, after all they’d cover less risk. Maintaining the insurer’s profit margins was not part of my insurance policy contract when I signed it, but it seems to be their all overriding concern. They must spend more staff time on finding loopholes than on helping clients.

  15. prism 15

    I was unsure of tenants responsibilities for insurance as I had read about a demand for reimbursement for house damage against a tenant by a landlord. It seems that a tenant can be found liable if a landlord can make a viable case against him/her. If there was to be an absence of moral hazard to both parties, it seems the tenant needs to pay a compulsory minor insurance cost to cover the risk of negligence etc. I think people would not know the extent of tenants’ liability – at present the dwelling insurance situation seems inadequate.

    I found this – on the NZ Dept of Building and Housing info under landlord’s obligations : link
    Pay rates and any insurance taken out by the landlord. (Any insurance taken out by the landlord is unlikely to cover the tenant’s liability for damage.)

    This is expanded further on the Otago university site :
    What insurance should I have?
    The landlord is responsible for insuring the building. As a tenant you need to have your possessions adequately covered by an all risks policy. It is also advisable to take out liability cover in case of major damage to the landlord’s property (eg a fire caused by cooking or by an electrical fault in an appliance owned by the tenant).
    Otago link

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    Greens | 18-11
  • Backing New Zealanders to get ahead
    New Labour Leader Andrew Little says it is an immense privilege to have been chosen to lead the party and to be given the task of ensuring it once again becomes a powerful force that backs New Zealanders in getting...
    Labour | 18-11
  • Andrew Little Elected Leader of Labour Party
    “The Labour Party congratulates Andrew Little, who has been elected as party leader in a robust and highly democratic process,” says Labour Party President Moira Coatsworth. “Andrew’s leadership will have the full support of the whole Labour Party.”...
    Labour | 18-11
  • Report into Brownlee security breach should be released
    The Government and Civil Aviation Authority (CAA) should release the report into former Minister of Transport Gerry Brownlee's airport security breach, the Green Party said today."The actions of a Minister of Transport breaching security at an airport are a matter...
    Greens | 17-11
  • Brownlee must ask CAA to release the report
    Gerry Brownlee must ask the Civil Aviation Authority to release the report that finds he broke the law in breaching airport security, says Labour's Transport spokesperson Phil Twyford. “It is inexcusable for any minister, let alone the then-Transport Minister, to...
    Labour | 17-11
  • G20 climate comment increases pressure on NZ
    The G20 decision to include climate change in its communiqué despite Australia's attempt to ignore it, increases pressure on New Zealand to come up with a credible plan to cut emissions, the Green Party said today.The G20 Leaders Communiqué from...
    Greens | 17-11
  • NZ joins G20 climate problem
    Confirmation this morning by John Key that his Government plans to do nothing to turn around NZ's rapidly rising greenhouse emissions means that New Zealand joins Australia as one of the problem children at the G20 meeting in Brisbane, the...
    Greens | 16-11
  • IRD joins Corrections in Phillip Smith failure
    It is incomprehensible that IRD and Corrections were not able to stop Phillip Smith from rorting the tax system out of $50,000 until it was too late, given that he was a notoriously manipulative prisoner stuck in jail, says Labour’s...
    Labour | 13-11
  • The Government has to listen to Olly
    When even hard boiled property investors like Olly Newland  say first home buyers have been shafted by Loan to Value Ratio lending restrictions, surely it is time for the Government to listen, says Labour's housing spokesperson Phil Twyford.  "Auckland landlord...
    Labour | 13-11
  • Key used GCSB for political ends prior to 2014 election
    New documents released to the Green Party show that Prime Minister John Key used New Zealand's intelligence services for the National Party's political ends a few days out from the 2014 election, the Green Party said today.Documents released to the...
    Greens | 13-11
  • Government not meeting its climate target
    The Government must front up to the fact that its own advisors are now saying that New Zealand is off target in any transition to a low carbon future, says Labour’s spokesperson on Climate Change Nanaia Mahuta.  “A briefing to...
    Labour | 12-11
  • Briefing reveals Defence facilities ‘increasingly unfit for purpose’
    The Defence Briefing to the Incoming Minister reveals a deteriorating state in Defence facilities that are no longer fit for purpose, says Labour’s Defence spokesperson Phil Goff.  “The briefing is heavily censored but still reveals that Defence camps, bases and...
    Labour | 12-11
  • New projections show New Zealand missing climate target
    Briefings to Incoming Ministers released today reveal the Government's climate policy is failing with projected emission more than double what is needed to meet National's 2050 target, the Green Party saidProjections released by the Ministry for the Environment, as part...
    Greens | 12-11
  • National’s highways far less efficient
    National’s new state highways have a far lower cost-benefit ratio than motorways built under the last Labour Government, making a mockery of the Government’s bluster that its road building will boost the economy, says Labour's Transport spokesperson Phil Twyford. “New...
    Labour | 12-11
  • Governor points finger at National on supply
    The Reserve Bank Governor has admitted he had to keep loan to value mortgage restrictions in place because the Government’s attempts to increase housing has fallen ‘a long way short’, says Labour's Housing spokesperson Phil Twyford. “The thousands of first...
    Labour | 12-11
  • Did Collins cover up Slater’s OIA requests?
    Disgraced former Cabinet Minister Judith Collins must explain why she appears to have tried to hide Official Information Act requests she fulfilled for Whale Oil blogger Cameron Slater, Labour MP Megan Woods says. “New documents obtained by Labour show Judith...
    Labour | 11-11
  • Reserve Bank’s dairy warning must be heard
    The Reserve Bank’s warning that falling dairy prices are creating greater risks for the New Zealand economy must be taken seriously by Bill English and John Key, says Labour’s Finance spokesperson David Parker. “Dairy prices have nearly halved since February...
    Labour | 11-11
  • National’s housing failure keeps LVRs in place
    The Reserve Bank’s decision to leave loan-to-value ratio mortgage restrictions in place is further confirmation of National’s housing policy fiasco, Labour’s Housing spokesperson Phil Twyford says. “The Reserve Bank would have lifted LVRs if they had seen any increase in...
    Labour | 11-11
  • Let’s see if it is plane sailing Mr Bridges
    Comments by Transport Minister Simon Bridges that Far North residents' anger over cutbacks to regional flights will be allayed by larger planes and cheaper fares out of Kerikeri, are just pure arrogance, says Labour’s Te Tai Tokerau MP Kelvin Davis....
    Labour | 11-11
  • Commerce Commission inquiry needed into building supplies monopoly
    The Commerce Commission must stop dragging the chain and urgently investigate the anti-competitive practices in the building industry that are driving up the cost of building materials, says Labour's Housing spokesperson Phil Twyford. “Competition in the building materials market is...
    Labour | 11-11
  • Air New Zealand grounds Far North
    The announcement by Air New Zealand to close services from Kaitaia to Auckland will be an absolute disaster for the Far North, Labour MP for Te Tai Tokerau Kelvin Davis says.  “Air New Zealand is sending a signal to the...
    Labour | 11-11
  • Pulling West Coast flights a savage blow
    Air New Zealand’s decision to withdraw its Westport service is another kick in the guts for an already struggling community, West Coast-Tasman MP, Damien O’Connor says.   “Having been involved in the West Coast’s efforts to get Air Nelson to return...
    Labour | 11-11
  • Air NZ cuts economic lifelines to neglected regions
    Air New Zealand’s plans to cut its Eagle Air regional services to already struggling regions is a hammer blow to Westport, Whakatane and Kaitaia, says Labour's Transport spokesperson Phil Twyford. “The regions of New Zealand are being abandoned by this...
    Labour | 11-11
  • Christchurch on the rent rack
    A jump of 20 per cent in weekly rents in the past year is a disaster for Christchurch, says Associate Housing spokesperson Poto Williams. “The Trade Me Property Rental Price index has rightly described the city as being a ‘...
    Labour | 11-11
  • Past time to act on warnings about palliative care
    Health officials have been warning the Government about a critical shortage of palliative care specialists for years, Labour’s Acting Deputy Leader and Health spokesperson Annette King says. A stocktake carried out for the Ministry of Health shows New Zealand’s end...
    Labour | 10-11
  • Report must spur Government into action
    The soaring cost of domestic violence and child abuse highlight the need for the Government to prioritise and act on the issue, says Labour's spokesperson for Social Development, Sue Moroney.“Findings from the Glenn Inquiry that show the problem is estimated...
    Labour | 10-11
  • Family safety paramount, then urgent review
    Corrections Minister Peseta Sam Lotu-Iiga has some serious questions to answer over why a dangerous prison escapee, convicted of further crimes while in jail, managed to abscond while he was on approved temporary release, Labour’s Corrections spokesperson Jacinda Ardern says.“Phillip...
    Labour | 09-11
  • LVRs a failed experiment from Bill English
    Loan to value mortgage restrictions are a failed experiment from Bill English to tame Auckland house prices, that have caused collateral damage to first home buyers and other regions, says Labour's Housing spokesperson Phil Twyford. “The possible end of LVR...
    Labour | 09-11
  • Govt books getting worse as economy slows
    National’s economic credibility is under serious scrutiny with its search for surplus becoming harder due to an economy far too reliant on the dairy industry, says Labour’s Finance spokesperson David Parker. “National promised New Zealanders would get into surplus by...
    Labour | 06-11
  • Kiwis in pain because of Government underfunding
    New research showing one in three people needing elective surgery are being denied publicly-funded operations shows the Government must properly fund the health sector, Labour’s Health spokesperson Annette King says. “For almost two years Labour has been warning about the...
    Labour | 06-11
  • National’s promised surplus looking doubtful
    Budget figures for the first quarter of the financial year released today by Treasury show the Government's goal of achieving a budget surplus is looking doubtful, the Green Party said today."National has staked its credibility on achieving a budget surplus...
    Greens | 06-11
  • Kevin Hague speaks on the Gambling Amendment Bill (No 3)
    I rise to give this speech on behalf of Denise Roche, who handles the gambling portfolio for the Green Party. This bill deals with class 4 gambling—pokies in pubs and clubs—and it is the result of changes that were suggested...
    Greens | 06-11
  • Kevin Hague speaks on the Health (Protection) Amendment Bill
    I would like to start off where the previous speaker left off, on the issue of balancing rights or balancing harms. All law is in some way a restriction of personal liberty. That is the point of law. When we...
    Greens | 06-11
  • Joyce backs away from yet another target
    Steven Joyce has backed away from two targets in two days, refusing to acknowledge that his Government has an unambitious aim to get unemployment down to 4 per cent in 11 years’ time, says Labour Associate Finance spokesperson David Clark....
    Labour | 06-11
  • Pacific peoples incomes and jobs falling under National
    The Minister of Pacific Peoples is attempting to bury the ugly facts of Pacific unemployment and income levels worsening since National took office in 2008, said Labour’s Pacific Affairs spokesperson, Su’a William Sio. “If the Minister doesn’t acknowledge how bad...
    Labour | 06-11
  • The Block NZ doing a better job than Nick Smith
    Nick Smith should consider calling in producers of The Block NZ with participants in the TV series completing more houses in two seasons than the Government’s failed Special Housing Area policy, says Labour's Housing spokesperson Phil Twyford. “The Block NZ...
    Labour | 06-11
  • Meridian moves to kill competition from solar homes
    Big electricity companies are using their power to make it harder for families and businesses wanting to go solar and the National Government is doing nothing to help them, the Green Party said today. Meridian Energy announced today a 60-72...
    Greens | 06-11
  • Has John Key done all he could for Pike families?
    It will be forever on the conscience of John Key whether he did all he could to recover the remains of the 29 miners who died in Pike River, Labour’s MP for West Coast-Tasman Damien O’Connor says.  “The Prime Minister...
    Labour | 05-11
  • National further dashes hopes of new parents
    The National Government has once again shown its disdain for working parents by voting down proposals to extend paid parental leave, Labour MP Sue Moroney says.  “The Government vetoed an amended proposal that substantially reduced the cost of extending PPL...
    Labour | 05-11
  • Honouring the Ampatuan massacre victims as fight for justice goes on
    A grim reminder of the Maguindanao, or Ampatuan, massacre on 23 November 2014. Photo: DanRogayan A TOP Filipino investigative journalist will be speaking about the “worst attack” on journalists in history and her country’s culture of impunity in a keynote...
    The Daily Blog | 23-11
  • GUEST BLOG: Anjum Rahman – what are they afraid of: the erosion of democ...
    Today the Hamilton City Council has put on a big party to celebrate the 150th anniversary of European colonisation of the area.  There have been a series of events during the year to mark this event, including a civic ceremony. ...
    The Daily Blog | 22-11
  • #JohnKeyHistory
    John Key has done it again. This week our lovely Prime Minister has showed us how little he knows about the history of the country he is supposed to be running. Apparently “New Zealand was settled peacefully”. Was it really?...
    The Daily Blog | 22-11
  • G20 growth targets and growth model offer more problems than they solve
    At the recent G20 in Brisbane, member countries agreed to accelerate growth to an additional 2% on top of current trajectories. But ongoing public sector cuts, asset sales, and reducing workers’ rights indicate that at least part of the growth...
    The Daily Blog | 22-11
  • GUEST BLOG: Bill Courtney – Charter Schools: The Shroud of Secrecy Contin...
    The Ministry of Education yesterday released another batch of information relating to the five existing charter schools and the four new ones proposed for opening in 2015. As we have seen before, the release of such information, often requested under...
    The Daily Blog | 22-11
  • EXCLUSIVE: Campaign reflection, Laila Harré reaching out for radical minds
    Today I’ve announced that I will be stepping down from the Internet Party leadership in December. This will happen once options for the future have been developed for discussion and decision among members. My absolute focus in this election was...
    The Daily Blog | 21-11
  • The Ebola crisis, capitalism and the Cuban medical revolution
    “Ebola emerged nearly 40 years ago. Why are clinicians still empty-handed, with no vaccines and no cure? Because Ebola has been, historically, geographically confined to poor African nations. The R&D incentive is virtually non-existent. A profit-driven industry does not invest...
    The Daily Blog | 21-11
  • MEDIA WATCH: TVNZ Reveals Insane Deadlines For Māori and Pacific Island Pr...
    Last Tuesday, November 18th, TVNZ requested proposals from producers for the four Māori and Pacific Island programmes they will no longer be making in-house. Marae, Waka Huia, Fresh and Tagata Pasifika will keep their existing names, existing formats and existing...
    The Daily Blog | 21-11
  • The Daily Blog Breakfast Club Ep. 1
    TDB Video, Live from Verona Cafe on K-Rd, Auckland – a weekly current affairs show with TDB Editor Martyn Bradbury. This week’s panel: Chris Trotter & Selwyn Manning.The issues: 1 – What now for the New Labour leader? 2 –...
    The Daily Blog | 21-11
  • Performance-demonstration at Auckland’s High Court to demand justice for ...
    People outraged at the lack of justice in the so-called ‘Roast Busters’ case and 99% of other rape cases in this country are holding a visually powerful mass action at the Auckland High Court at 1 o’clock on Saturday. They...
    The Daily Blog | 21-11
  • IES vote may weaken defense of public education
    PPTA announced today that secondary teachers have voted to include the IES (Investing in Education Success) as a variation to their collective employment agreement with the government. At one level it’s an understandable decision by PPTA members because through engaging in a consultation...
    The Daily Blog | 21-11
  • NZ History lesson on Planet Key – the lies white people tell themselves
    John Key’s bizarre claims about our ‘peaceful history’ comes across like the apartheid history of South Africa where white people discovered Africa first… New Zealand ‘settled peacefully’ – PM New Zealand was “settled peacefully” by the British, the prime minister...
    The Daily Blog | 20-11
  • Universal Basic Income and Labour Policy
    On Radio New Zealand’s None-to-Noon on Wednesday (19 November), new Labour leader Andrew Little intimated that he would like to put Universal Basic Income (UBI) on his policy agenda (What policy changes will Andrew Little usher in?) Predictably Kathryn Ryan, despite being...
    The Daily Blog | 20-11
  • The New Notes : They Ain’t Mint
    Hulk Queen Angry. Hulk Queen smash.   Yesterday, the Reserve Bank announced its new designs for our banknotes. Now, I’ve historically been pretty sketch about this entire process; variously feeling affronted that the government could find eighty million dollars to fund a...
    The Daily Blog | 20-11
  • MSM under-mining of new Labour Leader already begun?
    . . It did not take long. In fact, on the same day that Andrew Little won the Labour leadership*, the first media reporter was already asking if he would be stepping down  if Labour failed to lift in the...
    The Daily Blog | 20-11
  • GUEST BLOG: Simon Buckingham – invisible disability voices
    Today I am ranting. The Disability Advisory Group has been announced by Auckland Council. This is the body that represents the interests and views of people with disabilities in Auckland. Whilst I would not have applied this time as I...
    The Daily Blog | 20-11
  • Jeremy Wells’ Mike Hosking rant on Radio Hauraki: Today, Andrew Little
    Jeremy Wells’ Mike Hosking rant on Radio Hauraki: Today, Andrew Little...
    The Daily Blog | 20-11
  • Why labelling Little as a ‘Unionist’ is a joke and how he beats Key in ...
    The line being used to attack Andrew Little as a ‘Unionist’ is just an absurd joke, and it comes from people who clearly don’t understand the modern NZ Union movement. Andrew ran the EPM Bloody U, they are easily one...
    The Daily Blog | 19-11
  • 5AA Australia – Labour’s New Leader + China’s President In New Zealan...
    Recorded on 20/11/14 – Captured Live on Ustream.tv. 5AA’s Peter Godfrey and Selwyn Manning.ISSUE ONE: The New Zealand Labour Party has elected its new leader, the vote going to a third round after no clear outright winner was found in...
    The Daily Blog | 19-11
  • Did Roger Sutton think he was running the Rock Radio Station?
    Visible G-String Fridays? Full body hugs? Jokes about who you would and wouldn’t have sex with? Honey? Sweety? It’s like Roger thought he was running the Rock Radio Station, not a Government Public Service department set up to rebuild a...
    The Daily Blog | 19-11
  • US Politics
      US Politics...
    The Daily Blog | 19-11
  • Amnesty International – The conversation that needs to be had with China
    Caption: Police officer watching Hong Kong pro-democracy march, 01 July 2014 © Amnesty International    Yesterday’s edition of The New Zealand Herald features an open letter to all New Zealander’s from Xi Jinping, President of the People’s Republic of China. Along...
    The Daily Blog | 19-11
  • GUEST BLOG: Patrick O’Dea – “Liar”
    LIAR! ‘Privatised social housing to benefit tenants’ English “Housing Corp was a poor performer and about a third of its housing stock was the wrong size, in poor condition and in the wrong place. That stock was worth about $5...
    The Daily Blog | 19-11
  • Too Close For Comfort: Reflections on Andrew Little’s narrow victory over...
    THE TRAGIC SCREENSHOT of “Gracinda” in defeat bears eloquent testimony to the bitter disappointment of the Grant Robertson-led faction of the Labour Party. And, yes, ‘Party’ is the right word. The Robertson machine has now extended its influence well beyond...
    The Daily Blog | 19-11
  • How to defeat child poverty
      How to defeat child poverty...
    The Daily Blog | 18-11
  • Little’s Shadow Cabinet
    Now the horror of trying to pacify the factions begins. The only thing Little’s new shadow cabinet must do is create the pretence of unity. The reason voters didn’t flock to Labour wasn’t the bloody CGT or Superannuation, it was...
    The Daily Blog | 18-11
  • A pilgrimage with my sister – Rethink the System
    We’ve both wanted to do a pilgrimage for many years. But, unlike many modern pilgrims, we wanted to be pilgirms in our own country and get closer to our communities, rather than seek greater distance from them. We are both...
    The Daily Blog | 18-11
  • Lack of policy ambition is Andrew Little’s main problem
    I’ve met Andrew Little a few times and he’s a pleasant man who will make a reasonable job leading what the Labour Party has become in recent decades. He will preside over a much less divided caucus and will be...
    The Daily Blog | 18-11
  • Journos, film makers, media freedom advocates join Asia-Pacific political j...
    A candlelight vigil for the 58 victims of the 2009 Maguindanao massacre – 32 of them media people. Still no justice for them today. Renowned investigative journalists, film makers, academics and media freedom campaigners from across the Asia-Pacific region will...
    The Daily Blog | 18-11
  • And the new Labour Leader is ZZZZZZZZZZ
    The victory lap by Caucus over the members choice of Cunliffe has ended and the new leader of the Labour Party is Andrew Little. Yawn. The dullness and caution of the latest Leadership race will be served well by Andrew,...
    The Daily Blog | 18-11
  • Allow the Facts to Get in the Way of the Neolib Stories
    One of the weaknesses of the political left in New Zealand over the last 30 years has been to allow the neoliberal storytellers to get away with lots of fibs and half-fibs. On TVNZ’s Q+A on 16 November, in a...
    The Daily Blog | 17-11
  • Defending The Boomers: A Response to Chloe King
    THE BABY-BOOM GENERATION (49-68 year-olds) currently numbers just under a quarter of New Zealand’s population. Even so, there is a pervasive notion that the generation of New Zealanders born between the end of World War II and the mid-1960s exercises...
    The Daily Blog | 17-11
  • This weeks Waatea news column – Waitangi Tribunal ruling enshrines Treaty...
      This weeks Waatea news column – Waitangi Tribunal ruling enshrines Treaty as a living document...
    The Daily Blog | 16-11
  • Key now says SAS will be needed to protect ‘trainers’ behind the wire
    Well, well, well. What do we have here? Government could send SAS to Iraq New Zealand’s elite Special Air Service (SAS) could be deployed to Iraq to protect Kiwi troops sent to train local forces. Prime Minister John Key confirmed...
    The Daily Blog | 16-11
  • Do You Want to Build a Meth Lab? (Frozen x Breaking Bad Parody)
    Do You Want to Build a Meth Lab? (Frozen x Breaking Bad Parody)...
    The Daily Blog | 16-11
  • Soft soap for the rich – harsh taxes for the poor
    It’s no surprise to see New Zealand has one of the world’s lowest tax rates for the rich and the superrich. A survey by the global accounting network UHY shows New Zealand’s highest tax rates are lower than even Australia,...
    The Daily Blog | 16-11
  • Phillip Smith and the rehabilitation process
    The dominant media narrative in horrible murder cases is that the perpetrator is unlikely ever to be rehabilitated. When it appears the offender may get parole the media turns first to family members of the victim who commonly (and understandably)...
    The Daily Blog | 16-11
  • The Nation review: Finlayson’s terrifying definition of who is on terror ...
    Terrifying Nation today on TV3. Chris Finlayson is on justifying the Government’s Muslim fear mongering and extension of even more surveillance powers. It was jaw dropping. Finlayson says ‘alienated people with a chip on their shoulder’ is the threshold to get...
    The Daily Blog | 14-11
  • A brief word on The Block NZ
    Is it just me or did The Block manage to sum up everything that is wrong about our culture and economy? Fetishised property speculation as mass entertainment in a country of homelessness & poverty. I wonder if State House tenants...
    The Daily Blog | 14-11
  • Waitangi Tribunal ruling
    That spluttering choking sound of a thousand rednecks being informed Maori still have sovereignty is a hilarious cacophony of stupid… Crown still in charge: Minister Chris Finlayson on Waitangi Treaty ruling The Waitangi Tribunal’s finding that Maori chiefs who signed...
    The Daily Blog | 14-11
  • A brief word on Phillip Smith
    We can arrest student loan & fine defaulters at the airport – but not convicted child molesting killers? Before we ban manufactured ISIS ‘terrorists’ from having passports, how about we just manage to stop child molesting killers from fleeing first?...
    The Daily Blog | 14-11
  • Free Me From Religion
          The meeting begins – or at least it’s supposed to begin – but someone interrupts proceedings. She wants everyone to pray with their heads bowed while she can “thank our Father who art in Heaven.” I close...
    The Daily Blog | 14-11
  • Key capitulates on TPPA while big money NZ set up propaganda fund
    So Key has capitulated on the ‘gold standard’ of free trade deals… The primary objective for New Zealand at Apec was to see some urgency injected into the TPP talks and to keep leaders aiming for a high quality deal....
    The Daily Blog | 13-11
  • Why Phillip Smith is the least of our worries
    Well, it turns out Phillip Smith wasn’t half as clever as he thought he was, and he’s been arrested within a week. If the Prime Minister is through with making tasteless jokes, perhaps we can ramp down the media hysteria...
    The Daily Blog | 13-11
  • Constraining Credibility
      Most economists and members of the public – on both the right and the left – believe that economies are constrained by resource scarcity most of the time. In this view, economies are supply-constrained, and that the economic problem...
    The Daily Blog | 13-11
  • Migrant Labour, exploitation and free markets
    Once more we read about a horror story of virtual slavery for a migrant worker in a restaurant in Christchurch. The silver lining that in this case compensation should be paid is not assured. Often in situations like this the employer winds up...
    The Daily Blog | 13-11
  • On baby boomers who give my generation unhelpful advice: JUST DON’T
    One of my mum’s colleagues recently told her that there is no money in what her daughter was doing; volunteering at a women’s refuge and writing on politics. This guy, dispensing all his pearls of wisdom, told my mother that...
    The Daily Blog | 13-11
  • Morbid Symptoms: Can Labour Be Born Anew?
    THE CHAIRS in the final meeting venue have been stacked away. All that expensive signage, commissioned for the benefit of the television cameras, no longer has a purpose. For the second time in just 14 months, Labour’s Leadership Contest is...
    The Daily Blog | 12-11
  • What’s Small, White, and Having Trouble Attracting New People?
    If your answer was something intimately connected to the person of Peter Dunne … then you’d be right. Last night, P-Dunney decided to bring his comedy and/or hair stylings to the twitterverse; penning a potentially somewhat ill-advised tweet in which he compared...
    The Daily Blog | 12-11
  • LATE at the Auckland Museum review – Slacktivisim: Its not just for Slack...
    Monday night is my yoga night. I’m not really very good it, I don’t really have the bendy, but I made a New Years resolution. This Monday however, I decided to put the yoga on prone and attend a gig...
    The Daily Blog | 12-11
  • Domestic violence problem bigger than Sky Tower
    Domestic violence problem bigger than Sky Tower SKYCITY’s Sky Tower in Auckland will be lit up in white on Monday evening Nov 25th at 10pm, on the eve of White Ribbon Day. The anti-domestic violence network SAFTINET (Safer Auckland Families...
    Scoop politics | 23-11
  • State Services Commissioner ‘unfit for the job’ says Little
    State Services Commissioner ‘unfit for the job’ says Little The new Labour leader Andrew Little has called for the State Services Commissioner Iain Rennie to be stood down after his handling of the Roger Sutton sexual harassment case. "The idea...
    Scoop politics | 23-11
  • Patrick Gower interviews Laila Harre
    Patrick Gower interviews Laila Harre Headlines: Laila Harre to quit as Internet Party leader by Christmas when the party has completed its review, but would love to return to parliament Says party considering options for its future including winding...
    Scoop politics | 22-11
  • Lisa Owen interviews Labour leader Andrew Little
    Lisa Owen interviews Labour leader Andrew Little Headlines: Andrew Little says the shape of his front-bench for the 2017 election may not be clear until the end of next year Indicates next week’s appointments may be temporary: “So I may...
    Scoop politics | 22-11
  • Phillip John Smith – statement
    Police and the New Zealand Embassy in Brasilia are aware of a decision from the Brazil Federal Court requiring the deportation of Phillip Smith within 10 days. Further assessment is required to ensure there is a full understanding of this...
    Scoop politics | 22-11
  • Green’s ‘not speaking out about human rights abuses in China
    Right to Life challenges Russell Norman the co-leader of the Green Party to explain why, he was prepared to ask Prime Minister John Key to talk to Chinese President Xi Jinping about human rights abuses in countries bordering China but...
    Scoop politics | 21-11
  • Goodfellow congratulates Key on IDU election
    Goodfellow congratulates Key on IDU election National Party President Peter Goodfellow has congratulated Prime Minister John Key on his election today as Chairman of the International Democrat Union (IDU)....
    Scoop politics | 21-11
  • Taxpayers’ Union Congratulates PM on IDU Appointment
    The Taxpayers’ Union is today congratulating Rt. Hon. John Key on becoming the Chair of the International Democrat Union , as former Australian Prime Minister John Howard retires from the role after 12 years. Taxpayers’ Union Executive Director...
    Scoop politics | 21-11
  • High demand for Consumer NZ’s “Do Not Knock” stickers
    Consumer NZ has distributed nearly 100,000 “Do Not Knock” stickers since the launch of its campaign to fight back against dodgy door-to-door sellers.The “Do Not Knock” campaign was launched on 3 November 2014. Free “Do Not Knock” stickers...
    Scoop politics | 21-11
  • Phillip Smith decision still pending
    Detective Superintendent Mike Pannett is returning to Washington DC where he will continue to closely monitor a pending decision from the Brazilian authorities on the process to return Phillip Smith to New Zealand....
    Scoop politics | 21-11
  • High Court demonstration to demand justice
    People outraged at the lack of justice in the so-called ‘Roast Busters’ case and 99% of other rape cases in this country are holding a visually powerful mass action at the Auckland High Court at 1 o’clock on Saturday. They...
    Scoop politics | 21-11
  • NZ Society Wins Global Award For Fighting Animal Testing
    New Zealand banning animal testing of legal highs has been acknowledged with an award given in London. The New Zealand Anti-Vivisection Society (NZAVS) was awarded the 2014 LUSH Prize for lobbying against animal testing. The prize was given at the...
    Scoop politics | 21-11
  • Poor govt advice to workers on petrol station drive-offs
    The New Zealand Council of Trade Unions has raised concerns with the Ministry of Business, Innovation and Employment ('MBIE') regarding their reported advice to workers about the petrol station drive away issue....
    Scoop politics | 21-11
  • New Ombudsman opinion
    The Ombudsman has published his opinion on a complaint concerning the Police refusal to release information about a charging decision....
    Scoop politics | 20-11
  • Kindergarten support staff achieve pay rise in tough climate
    The valuable contribution of kindergarten support staff has been recognised with a pay increase, despite the significant funding cuts that the kindergarten associations are experiencing....
    Scoop politics | 20-11
  • Democracy and Conservative Religion: The Case of Islam
    “Is Islam compatible with democracy?” is a frequently-asked question. Recent rethinking of secularism and democracy have opened up new possibilities to think about religion and democracy. This question is important particularly in the case...
    Scoop politics | 20-11
  • NZ fiscal watchdog needed to guard the public purse
    New Zealand needs tighter fiscal rules and an independent watchdog to improve the quality of government spending and reduce the risk of a return to deficit spending as the country’s population ages, if not before....
    Scoop politics | 20-11
  • NZSMI disappointed ANZTPA proposal shelved
    November 20, 2014: Consumer healthcare products industry body, the New Zealand Self-Medication Industry Association (SMI) says it is disappointed Government has once again shelved plans to create one medicines regulatory agency for both New Zealand and Australia....
    Scoop politics | 20-11
  • Democracy Action Welcomes Tauranga Vote
    Responding to Tauranga Council’s unanimous vote not to establish separate Council seats on the basis of ethnicity, Lee Short, Democracy Action founder says: “The establishment of a Maori ward would have damaged the relationship between Maori and...
    Scoop politics | 20-11
  • Employer caught abusing new ‘teabreaks law’
    Employer caught abusing new ‘teabreaks law’ to exploit workers The government passed the controversial ‘teabreaks’ legislation only a few weeks ago and already Unite Union has caught an employer using this law as an excuse for ill-treating their...
    Scoop politics | 20-11
  • FGC response to Commerce Commission report
    The New Zealand Food & Grocery Council is not surprised by the Commerce Commission’s findings, given New Zealand’s current legal framework....
    Scoop politics | 20-11
  • Bascand: Brighter Money
    Seeing people’s initial reactions to the new banknote designs is a heartening reminder of what an important role currency plays in our lives, and what a sense of pride and heritage our notes evoke....
    Scoop politics | 20-11
  • RBNZ releases Brighter Money designs
    New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year....
    Scoop politics | 20-11
  • 25 years of children’s rights
    UNICEF and OFC celebrate 25 years of children’s rights with Just Play Sports Days On Universal Children’s Day (20 November) and as part of the Oceania Football Confederation’s (OFC) inaugural President’s Cup, UNICEF will celebrate 25 years of children’s...
    Scoop politics | 20-11
  • Xiamen delegation to Wellington has business focus
    Stronger business, education and cultural ties with our Chinese partners will be the focus when a 20-strong government and business delegation led by Xiamen Mayor Mr Liu Keqing which visits Wellington tomorrow (Friday) and Saturday as part of the...
    Scoop politics | 19-11
  • Warriors promote White Ribbon Day message
    Warriors promote White Ribbon Day message Shine and Orakei Health Services On Tuesday, the Vodafone Warriors will promote the White Ribbon Day message to the community at Eastridge Shopping Centre, Mission Bay. The Warriors are supporting their charity...
    Scoop politics | 19-11
  • Superannuitants to protest unethical investments
    A delegation of Auckland superannuitants will deliver a protest-card petition and protest letter to the New Zealand Super Fund this Thursday afternoon to call on the fund to divest from companies which support the Israeli occupation of Palestinian...
    Scoop politics | 19-11
  • Manukau job cuts ‘running the place into the ground’
    Manukau Institute of Technology (MIT) confirmed to its staff yesterday that 54 jobs will go before Christmas....
    Scoop politics | 19-11
  • Newcore Looks Pretty Rotten for Ratepayers
    Responding to the NZ Herald report that the IT system commissioned by Auckland Council to consolidate the eight systems the Super City inherited from its precursor councils could be facing a budget blowout of $100 million, Taxpayers’ Union Spokesman Ben...
    Scoop politics | 19-11
  • Accountability following quake response inquiry not achieved
    Lessons still need to be learned from the search and rescue efforts following the February 2011 earthquake in Christchurch, a leading New Zealand lawyer, Nigel Hampton QC, says....
    Scoop politics | 19-11
  • Our kids say: We are failing in our duty to protect them
    Our kids say: We are failing in our duty to protect them More than a quarter of Kiwi kids say children’s right to be safe and protected isn’t being upheld in New Zealand, identifying protection from violence, abuse and murder...
    Scoop politics | 19-11
  • PARS & Turuki Health Care collaborate on health and services
    Auckland-based PARS (People at Risk Solutions) have partnered with the Turuki Health Care Trust, to offer improved healthcare services to those in need. PARS works closely with former prisoners, providing mentoring, housing, and social services to ensure...
    Scoop politics | 19-11
  • Children’s Plea
    A plea has been sent to all Members of Parliament, regardless of party affiliation, to accord urgency and priority to children's issues. These issues include vulnerability, safety and childhood poverty....
    Scoop politics | 19-11
  • Treasury off track in search for sound policies
    Treasury is unlikely to find the ideas it is looking for to improve outcomes for children while its primary driver is cost-cutting, says Child Poverty Action Group....
    Scoop politics | 19-11
  • Commission calls for answers on handling of CERA harassment
    EEO Commissioner Dr Jackie Blue is deeply concerned about the way in which the State Services Commission has handled sexual allegations made against CERA chief executive Roger Sutton this week and is calling for answers....
    Scoop politics | 19-11
  • Ashley Dwayne Guy v The Queen: Appeal Upheld
    The appellant, Mr Guy, was found guilty by a jury of a charge of sexual violation by unlawful sexual connection. After the verdict it was discovered that, by error, the jury had been provided in the jury room with two...
    Scoop politics | 19-11
  • Zonta Club to Take a Stand Against Gender-Based Violence
    During the 16 Days of Activism against Gender Violence (25 November – 10 December), the Zonta Club of Wellington, along with members of the local community, will join nearly 1,200 Zonta clubs in 67 countries for the Zonta Says NO...
    Scoop politics | 19-11
  • New UNFPA report links progress and power to young people
    A UN report launched today calls for investment in young people as they are essential to social and economic progress....
    Scoop politics | 19-11
  • The Resignation with the Golden Handshake?
    Commenting on the settlement the State Services Commission has reached with former CERA CEO Roger Sutton, Taxpayers’ Union Executive Director, Jordan Williams, says: "Only in the public sector do you receive a payout for ‘resigning’....
    Scoop politics | 18-11
  • NZ must not turn a blind eye to China’s human rights record
    Amnesty International is calling on New Zealand’s Prime Minister John Key to raise China’s shameful human rights record during President Xi Jinping’s visit to New Zealand this week....
    Scoop politics | 18-11
  • The Resignation with the Golden Handshake?
    Commenting on the settlement the State Services Commission has reached with former CERA CEO Roger Sutton, Taxpayers’ Union Executive Director, Jordan Williams, says:...
    Scoop politics | 18-11
  • Treasury’s covert & extremely odd welfare consultation
    A report this morning that Treasury is ‘crowd sourcing’ ideas on welfare policy is news to Auckland Action Against Poverty, even though we are currently one of the most active groups in the area....
    Scoop politics | 18-11
  • NZ invites Pacific peers to review development cooperation
    New Zealand has volunteered to be the first development partner in the Pacific region to undergo a review of its aid programme by Pacific island peers. The review will focus on New Zealand’s development cooperation and will give greater insight...
    Scoop politics | 18-11
  • EPMU joins Pike River families to mark fourth anniversary
    Representatives of the Engineering, Printing and Manufacturing Union are proud to stand with the Pike River families to mark four years since 29 men lost their lives. “This is a particularly solemn day given the recent announcements of Solid Energy...
    Scoop politics | 18-11
  • 2013 Assessment of New Zealand’s National Integrity Systems
    SPEAKER TUILOMA NERONI SLADE: Former Judge, International Criminal Court in the Hague, former legal counsel at the Commonwealth Secretariat, Secretary-General of the Pacific Islands Forum 2008-2014. Introduced by Helen Sutch, Victoria University Council,...
    Scoop politics | 18-11
  • Green Party ignoring Waimea’s environmental benefits
    Green Party MP Catherine Delahunty has overlooked the environmental benefits the proposed Waimea Community Dam will bring the Tasman community, says IrrigationNZ Chairperson Nicky Hyslop....
    Scoop politics | 18-11
  • Women’s use of violence in violent relationships
    More than 80 percent of women who live with a physically violent partner will not initiate violence when they are not being hit, according to new research....
    Scoop politics | 18-11
  • Poor credit rating linked to poor cardiovascular health
    Poor credit rating linked to poor cardiovascular health A credit score doesn’t only boil down a person’s entire financial history to a single number and somehow predict their credit-worthiness, it might also be saying something about a person’s...
    Scoop politics | 18-11
  • State Services Commissioner on Roger Sutton Investigation
    State Services Commissioner Iain Rennie today said the investigation into Roger Sutton’s conduct was robust. Roger Sutton chose to resign as Chief Executive of the Canterbury Earthquake Recovery Authority (CERA) yesterday....
    Scoop politics | 18-11
  • Predator Free NZ project welcomed
    Federated Farmers and the conservation organisation Forest & Bird are welcoming the Predator Free New Zealand initiative as an ambitious but achievable project that will have real benefits for conservation and the economy....
    Scoop politics | 18-11
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