web analytics
The Standard

Minister Tin-Ears

Written By: - Date published: 10:07 pm, January 28th, 2013 - 65 comments
Categories: uncategorized - Tags:

New Zealand’s remaining world-class manufacturers are

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

they are sick of being told by politicians that they need to work harder when they have been doing that for years, but face a huge headwind from an over-valued dollar.

Not a good time for Minister Tin-Ears, Steven Joyce, to give them that message. To add insult to injury, Joyce quotes his own business experience, running radio stations in the domestic economy – he’s never had to face the effect of the high dollar on his bottom line.

I know CEO’s like Keith Whiteley of New Zealand’s iconic manufacturer from the days when we were together on the Board of the Engineering ITO, now Competenz. He runs a world-class business. When he and others like him are prepared to speak out as they did today at the Manufacturing Enquiry run by Labour, Greens and New Zealand First it is time for everyone to listen carefully. The manufacturing sector has lost 40,000 very good jobs in the last four years of the National government’s washing-their-hands inaction.

I am optimistic that the Enquiry will produce some action no later than 2014. We can only hope that National’s lack of action or ideas does not do too much more damage to the productive economy before then.

65 comments on “Minister Tin-Ears”

  1. Eddie 1

    MANA’s also in the inquiry.

    Joyce is one of those people who do their own side more damage than good by denying what everyone can see.

    • xtasy 1.1

      Joyce’s comments are music to my ears, as it proves the man, like much of the National led government, live in mental ivory towers, far away and detached from reality on the ground.

      It is great to hear him make derogative, insulting and stupid comments, as every one of them will be yet another nail in the coffin that will lay this government to rest.

      • handle 1.1.1

        Only if you find a builder who knows one end of a hammer from the other.

        • Colonic Wiper 1.1.1.1

          If Joyce is living in an ivory tower far removed, then the whole of Labours front bench would not even be in this galaxy in terms of a manufacturing context. Seriously what would they know about this.

          If Winston Peters is a so called solution in all this we are truly screwed.

          • CV - Real Labour 1.1.1.1.1

            Just bring Anderton in as a Labour advisor. He knows more about large scale manufacturing than anyone else in Parliament.

    • AmaKiwi 1.2

      But the Nats deny so convincingly.

      I never cease to be amazed at how cleverly they attack their critics and how lamely their critics attempt to fight back.

      National’s PR is so professional compared to the Left’s. Winston is the only opposition leader with a sharp tongue but we don’t hear from him often enough. Cunliffe can slay dragons but he’s been gagged and deported to Siberia.

      • xtasy 1.2.1

        Ama Kiwi: Yes, you are so right on that! It is pitiful what we get from the opposition, although at times they score some points.

      • Jenny 1.2.2

        And not without reason. There are few other serpents that have cause to fear the edge of Cunliffe’s sword. Old climate ignoring, BAU, fire breathing dinosaurs, hankering for a coal renaissance ignorant of the dangers of extinction lumbering around in the bowels of the Labour Party.

        • AmaKiwi 1.2.2.1

          “Shearer downsizes his housing promise”, today’s NZ Herald.

          Shot himself in the foot again.

          • irascible 1.2.2.1.1

            Shearer didn’t shoot himself in the foot. He repeated the policy announced at the Labour Conference, restated the messages given post conference and then had the Herald editorial decision to headline the story in the maner it will always choose whenever Labour announces policy directions.

            Haven’t you noticed that Joyce’s decision on keeping Novopay has been spun constructively as a positive business decision made by a competent businessman turned politician? Compare that spin to the criticism of Novopay & Joyce by Hipkins and get the message.

            • ad 1.2.2.1.1.1

              Shearer was toured around Auckland’s New Lynn site only in December last year. This site has over 100 new units going up, some even under $300k, all of high build quality, all built right next to a new public transport facility. Check out the full page article B5 in the Herland today.

              If housing is the sole major policy he is going to hang his hat on for a good while, he needs to be a whole lot better at it. Doing a good speech to launch it is not enough. Having concrete examples of what success would like like, whether in Auckland or Invercargill, is the key to retailing into a story that spreads throughout the country.

              Simply assigning blame to the media itself is weak. Pointing media’s amplifier in the right direction is a basic political job, particularly for a centrepiece policy.

              Shearer needs to get out there and front this story this week,or otherwise the opposition will continue to tip the story and the policy into the media’s cynicism.

    • Jenny 1.3

      MANA’s also in the inquiry.

      Eddie

      Is this an honest mistake, or is there some other reason for this interesting omission?

      Would you like to comment Mike?

  2. ChrisH 2

    Excellent image. Mr Can’t-fix-it.

  3. “one of those people who do their own side more damage than good by denying what everyone can see.”

    That’s funny irony.
    Who else gets it?

  4. xtasy 4

    I do not know about private media, but Radio NZ, and at least one of the big television news tonight, reported on this inquiry and what those employers said. That is a good sign, as the mainstream media tend to ignore too many other important issues, but at least not this one.

    Maybe it is, because this is about the ECONOMY, which tends to get a fair bit of attention usually.

    They cannot ignore and deny the elephant in the room, so to say.

  5. emergency mike 5

    Manufacturers: “We’re sick of being told to word harder and be more efficient by politicians.”

    Joyce: “Work harder, innovate.”

    Well done RNZ.

    • xtasy 5.1

      “Manufacturers: “We’re sick of being told to word harder and be more efficient by politicians.””

      One problem with highlighting this kind of comment is: This enquiry has been launched by politicians, from the opposition.

      So how would they have felt hearing this???

      I just fear, that although this enquiry is making some sense, that there is some danger of the parties and their leaders later down the road shooting themselves also in the foot.

      Once a new government may change the Reserve Bank Act or do other things, to drive the NZ Dollar down, the employers may come with other demands, some of which may not really be what workers and their representatives may wish for.

      And yes, why was Mana not included in Mike’s lead story up the top? Are they “too left” for you and the mates in the Labour caucus, Mike?

  6. Kobe24 6

    The stat in the article about the manufacturing sector losing 40,000 jobs in the last four years is incorrect. According to the Household Labour Force Survey the people employed in the manufacturing sector has remained constant between 245,000 and 255,000 since 2009 There was a loss in manufacturing jobs between 2005 and 2009

    • xtasy 6.1

      Kobe 28 – You are playing Key’s trick with the figures here!

      Yes, Mike needs to learn that it is 2013 now, as we are a month into a new year.

      But since 2008 about 40 thousand jobs were lost in manufacturing!

      In 2009 there had already been many jobs lost due to the GFC and fallout from that, so when counting from that the losses may not be as high. But Russel Norman and others have challenged the PM repeatedly on the figures since 2008, and Norman was right with the 40 k figure.

    • Eddie 6.2

      The Quarterly Employment Survey is the measure of the number of jobs.

      It’s down 40,000 from June 2008 to June 2012.

  7. Kobe24 7

    The stat in the article about the manufacturing sector losing 40,000 jobs in the last four years is incorrect.

    According to the Household Labour Force Survey the people employed in the manufacturing sector has remained constant between 245,000 and 255,000 since 2009

    There was a loss in manufacturing jobs between 2005 and 2009

  8. Tiresias 8

    “I am optimistic that the Enquiry will produce some action no later than 2014.” – Mike Smith

    I fear I’m not. Much as I loath this present Government I have to say that if there was a magic wand that could be waved to help exporters and manufacturers, Key et al would be waving it furiously. After all the MDs and CEOs and Directors of these businesses are National’s through and through, and I’m sure they’ve been demanding something for their money from the Government privately at parties and golf-courses and business breakfasts since before the last election.

    The only way you’re going to bring the exchange rate down is to sabotage the economy so it looks as shaky as Spain’s or Italy’s. The Reserve Bank Governor set it out in a speech last October:

    “So there are clear limits to what monetary policy and exchange rate intervention can do to lower the New Zealand dollar. In order to achieve a sustained reduction in the New Zealand dollar it would be necessary to alter the overall level and pattern of saving and investment in the economy. In particular, it will be necessary to tackle our addiction of depending on foreign savings to finance our consumption and investment. This dependency means that we have persistently needed interest rates above those in most developed economies to maintain inflation at target levels similar to those being followed elsewhere. Policies that increase domestic savings, including reducing the government’s fiscal deficit, and to reduce the flow of resources into the public sector and other non-tradables sectors, would help to achieve a sustainable reduction in the exchange rate.”

    “http://www.rbnz.govt.nz/speeches/5005204.html”

    Trouble is, to increase domestic savings you have to increase interest rates which puts up mortgates, both of which dries up High Street consumption which may help exporters but hurts all the rest of New Zealand’s businesses and retailers. Also, New Zealand’s Government fiscal deficit isn’t all that bad compared with the countries in trouble. It’s private sector overseas debt that’s causing the concern in the ratings agencies and the Govt. can’t do much about that except ask businesses to stop borrowing:

    union.org.nz/sites/union.org.nz/files/Working%20Through%20the%20Issues%20-%20Debt%20(Revised).pdf

    Plus “reducing the Government’s fiscal deficit &tc” is banker-speak for austerity which is just Graeme Wheeler toeing the official line.

    Politicians – including Shearer in his State of the Nation speech – dream big dreams of other people coming up with better mouse-traps that are going to take the world by storm. Well, it might happen just as I might win Lotto. (Actually I’ll never win Lotto as I don’t buy a ticket, so make that “just as you might win Lotto”.)

    There ain’t nutt’n no Government can do about the exchange rate, unless it’s prepared to sacrifice almost everything else on that altar. And even if the Government could do something about the exchange rate it would have to think very carefully before doing it. Government debt isn’t frighteningly high. Private debt in New Zealand is. (see union.org.nz above). Most of it is via the banks and therefore funded from overseas in the almighty dollar. Bring the NZ dollar down by 10% (at least, as you’d have to in order to make a difference) and you’ve increased NZ’s overseas debt by 10% overnight and that would have Standard & Poors, Moodies et al running flags up flag-poles left, right and centre.

    So are you going to subsidise New Zealand’s world-class manufacturers just like you didn’t support New Zealand’s world-class wind-turbine manufacturer Windflow in Christchurch so that it’s had to lay off most of its staff – including world-class engineers and designers – and is now looking to sell its world-leading, New Zealand developed technology to a foreign competitor for a mess of pottage? http://www.nbr.co.nz/article/windflow-dream-fades-shares-plunge-ch-96636

    Sorry Mike. All the hot air your inquiry will produce over the next few months might have generated a few kw electricity from a Windflow gen set had there been one available – but for the rest it’s just another charade of politicians forming a committee to look at all the ways you might get other people to reshuffle the deckchairs on the Titanic.

    • xtasy 8.1

      Tiresias: Yes, you raise valid concerns here:

      “After all the MDs and CEOs and Directors of these businesses are National’s through and through, and I’m sure they’ve been demanding something for their money from the Government privately at parties and golf-courses and business breakfasts since before the last election.”

      “There ain’t nutt’n no Government can do about the exchange rate, unless it’s prepared to sacrifice almost everything else on that altar. And even if the Government could do something about the exchange rate it would have to think very carefully before doing it.”

      While we have the opposition try to charm some export industry employers feeling the pinch, there is always another side to the story, which requires caution to be applied.

      NZ’s over-dependence on Australian banks, who in part also depend on even larger foreign banks further afield, to keep on borrowing for housing and the likes, that is one major issue that needs addressing.

      Problem is: Few are prepared to address it. NZers are addicted to a lifestyle on borrowed money. So nothing will be gained without some pain. That is where Shearer and Labour are not quite up front with the public.

      NZ could try to issue more government bonds locally, but that bears high risks too, as NZ happens to be too tied up in global trade and business, so that “printing money” will likely just lead to more inflation at home. As a rather small economy, NZ is just over-dependent on the big players in finance and business. Easy money can only be a solution in limits, otherwise the credit rating will sink like a lead balloon.

      We could start with producing more of what is needed here locally, and a reduction in private motor transport in the cities could reduce the amount of fuel imports, which would also reduce import costs over-all, thus improve the balance sheets.

      People may need to go back to learn and build your own homes, in hours after ususal work, so borrowing costs could be reduced.

      Nevertheless, I think that a solution to peg the Dollar to a range of leading currencies, similar as to what Singapore does, would be a solution. Export manufacturers need a solution sooner rather than later, and we know that the NZ Dollar is also so high, due to speculation by overseas currency investors and traders.

      A simple continuation of what has been done the last 2 or so decades is NO option though.

    • tracey 8.2

      ” I have to say that if there was a magic wand that could be waved to help exporters and manufacturers, Key et al would be waving it furiously. After all the MDs and CEOs and Directors of these businesses are National’s through and through, and I’m sure they’ve been demanding something for their money from the Government privately at parties and golf-courses and business breakfasts since before the last election.”

      Not compared to the banking and finance (exchange traders) sectors. I think you are being naive. Key also has no knowledge or experience of what these businesses need because his background is in magic, the illusion of financial markets and exchange rates, nothing real or tangible there.

    • ad 8.3

      Apart from seeking to alter the exchange rate (of which I have no expertise), your question about Windflow is the clearest.

      This National government heavily subsidises some specific manufacturers – particularly pastoral ones. Sometimes through indirect means, but often through industry-good means such as irrigation, or tax rebates for film producers. Sometimes through direct means such as the National Convention Centre deal with SkyCity.

      Your question is really: which sector should get support, if different from the ones currently supported by the current gvoernment. In terms of wind power, one could argue that the Gvoernment is the largest supporter of wind power and wind technology through ownership of its own electricity generator companies – that Windflow’s is not public policy failure, but market failure.

      Each step down the primrose path of public commercial intervention gets very steep and very very expensive with not necessarily any hope of getting back.Why not set out the manufacturing sectors you would want supported and why?

    • infused 8.4

      Well done.

    • Rogue Trooper 8.5

      Yep

  9. tsmithfield 9

    A pegged currency sounds nice, but in practice is much more difficult to manage.

    From the article:

    A government has to work to keep their pegged rate stable. Their national bank must hold large reserves of foreign currency to mitigate changes in supply and demand. If a sudden demand for a currency were to drive up the exchange rate, the national bank would have to release enough of that currency into the market to meet the demand. They can also buy up currency if low demand is lowering exchange rates.

    The problem is that in the case of NZ, there will likely be few opportunities for our RB to buy up currency when it is low, because the natural pressure on the NZD is up (against the USD anyway). So, maintaining a peg will be very expensive.

    Also:

    The system can backfire, however, if the real world market value of the currency is not reflected by the pegged rate. In that case, a black market may spring up, where the currency will be traded at its market value, disregarding the government’s peg.
    When people realize that their currency isn’t worth as much as the pegged rate indicates, they may rush to exchange their money for other, more stable currencies. This can lead to economic disaster, since the sudden flood of currency in world markets drives the exchange rate very low. So if a country doesn’t take good care of their pegged rate, they may find themselves with worthless currency.

    A problem that is very likely in NZ since the pegged value of our dollar will be mostly much lower than its actual value.

    So, its not as easy as it sounds. Also, I think it would be counter-productive. In the case of the US, where deflation was the problem, their central bank is able to drive down the USD without greatly affecting inflation. Also, the US is a large economy that is sustainable within itself, so it gets much more benefit from driving down its currency.

    In the case of NZ, any move to drive down the dollar would be highly inflationary. This would push up the cost of our goods, and negate the effect of a lower dollar. At least at the moment, our cost of imported raw materials etc are low, so we are avoiding spiralling costs that would make our economy less competitive.

    Germany is a good example of an economy that can succeed as an exporter despite a high exchange rate. We need to focus on what we are good at, and avoid those areas where we don’t have a cost advantage (such as high volume manufacturing).

    • Lanthanide 9.1

      Not sure why you’re talking about pegged currency, ts, because no one else is.

      All we need is for the OCR to take into account the exchange rate.

      If it did, we’d likely see a drop from 2.5% (one of the highest in the world) to 1.5-1.75%, with threats to drop it further if the exchange rate didn’t fall.

  10. Afewknowthetruth 10

    The New World Order plan is for NZ is for it to become a recreational playground for the global elites, with peasants sweeping the roads, serving meals, changing bedding etc. plus a resource base from which minerals, trees, food and the last of the fossil fuels can be stripped.

    Everything is going according to plan.

    As for manufacturing:

    1. Nobody can compete with low-pay, hi-tech Asian economies.
    2. Manufacturing is a major part of the problem in so far as manufacturing is a major driver of Abrupt Climate change….. so we should be celebrating its demise.

    All too hard for simple-minded folk, I know.

    • I think more people are recognising that Aotearoa is being asset stripped to death. Intensive dairying is just another symptom of this. Rip, shit, bust.
      Aotearoa has cheap resources and high tech, so these get stripped to feed failing profits.
      Its more anarchy than plan. China and US are not following the same plan, but competing at all levels to suck what resources are left out of Eaarth. If war doesnt destroy us sooner CC will.
      Simple minded folk need to get back to Earth and figure out how we can collectively work out what to do to conserve what is left as the basis of our survival.
      A start would be a Labour Party, Greens and Mana doing more than holding an investigation into manufacturing premised on the myth of Aotearoa being a sovereign state, and work on a joint plan to throw out the banksters and their lackeys in parliament and put the working majority in power.
      This is what democratic socialism means today- human survival.

  11. millsy 11

    The RBA has done more harm to this country than erode manufacturing.

    Low wages, run down health and education system, destruction of welfare, you name it.

    As for manufacturing, I dont know of any propserus country that doesnt have some form of manufacturing capapbility (aside from the Arab oil states).

    I also note that a lot of jobs with the best wages and conditions as well as high union membership are in manufacturing, as perhaps thats why the government wants to destroy that sector. Same with Hillside and the Solid Energy coalmines, while the non-union, insecure film industry gets oodles of assistance.

    • CV - Real Labour 11.1

      It’s actually time that Treasury (sorry I said RB initially) got right-sized and some of its medicine taken internally.

  12. tc 12

    How about some stinging criticism directed at the gov’t by labour then……yeah right, that nice Mr Shearer’s too busy trying to string sentences together that aren’t rehearsed.

    Who the F is labours spokesperson on these matters anyway.

  13. Saarbo 13

    Joyce lacks experience and understanding of export industries. Not that long ago I did some work for a Paper company that was selling Paper to China, Taiwan, Hong Kong and Indonesia (not News Print). Now it is having to shed jobs as it cannot operate to capacity, also with a high exchange rate they are finding it difficult to compete with competing importers. It gets worse, the paper being imported is from Indonesia apparently uses Indonesian hardwood, something Greenpeace discovered.

  14. tracey 14

    C’mon everyone, it’s ok, clam down, Mt Joyce says the exchange rate will come down “in time”. Aren’t you all just so gosh darned reassured by his business accumen and insight?

    • rosy 14.1

      “Mt Joyce says the exchange rate will come down “in time””

      It might be sooner than he thinks, for all the wrong reasons, with the Northern hemisphere having a little recovery (who knows for how short a time), with the milk contamination issues and with manufacturing figures and other economic indicators going through the floor.

  15. tracey 15

    So Mr Joyce is going to visit school sto discuss the “problem”. Beginning of the school year, overwhelmingly busy and he is going to, what? Take more time from administrators to discuss the “problem.” Someone, god anyone, from opposition please point out in 30 seconds or less how ridiculous this is.

  16. King Kong 16

    I hope that the oppositions political point scoring on this issue works out for them because it probably isn’t doing the remaining workers in this sector any favours.

    Joyce is right when he says this kind of thing isn’t very helpfull. Just think about the manufacturing exporter who is actually doing ok and finds that none of the banks want to finance his capital investment and the company growth this will enable because they have been told from the roof tops that this type of business is fucked.

  17. vto 17

    Steven Joyce exhibits the age-old problem whereby someone with success in one sphere gets all over-confident that their opinions are pretty damn good on everything and they then try to transplant those talents or luck that led to the initial spherical success to another quite different sphere.

    Clearly, skill at running a radio show does not equate to political skill. (in fact, normaloly it is the reverse and radio is where the useless politicians end up).

    Similarly with John Key. Skill at money trading does not equate to political skills necessary to point a country in a long term correct direction.

    Another recent classic of course is Gareth Morgan.

    People should stick to their knitting.

    As for the issue at hand – for fucks sake here we still sit beholden to the world of money and financial structure. Just like the GFC and banks have fucked us so too now does the world of currency trading. In addition, it is absolutely astounding that whizz-kid Key the currency trader cannot resolve this for exporters.

    It’s stuffed and it’s time to just give up. We don’t need all that foreign money anyway – as DtB always says, we have more than enough to adequately feed, house and amuse ourselves in this country without even needing to hoist sail – we should ignore the rest of the world. It is they who would then come to us and hence provide us the upper hand in negotiating terms ……..

    • King Kong 17.1

      It is not just a problem for the succesful.

      There are many commenters here who have had absolutely no success in any part of their lives yet still spout opinions wildly with unfounded confidence on an enormous range of subjects.

      Exactly the same kind of lunacy.

      • tracey 17.1.1

        at least you agree the Minister is a lunatic. Obviously the big difference between Joyce and Key and those who comment here, is they use urgency to ram through their lunacy thus imposing it on the entire nation.

  18. d2ba 18

    On the flip of the coin Exporters that sell to Australia are doing great as the Kiwi-Aussie cross is more or less what it always has been over the past 20 years

    Joyce is correct we should not interfere with our exchange rate
    What those exporters crying foul don’t tell you is if the US -Kiwi exchange rate drop’s your wages are devalued
    ,so is your property —imagine if you want to sell up to move abroad your asset could be worth 30% less than what it is today if the kiwi TWI drops

    • tsmithfield 18.1

      If we were to peg our exchange rate, the logical currency would be the AU. That is because we tend to fluctuate against the AU, so pegging to the average rate would give our RB the opportunity to top up foreign reserves when the currency moves in its favour. Also, as pointed out by d2ba, Australia is our most significant trading partner. A peg at about NZ78-79 to the AU would be about right I think.

    • CV - Real Labour 18.2

      Joyce is correct we should not interfere with our exchange rate

      Nah you can’t leave it to the market, the market has no interest in the wellbeing of our exporters. And neither it seems do you.

      imagine if you want to sell up to move abroad your asset could be worth 30% less than what it is today if the kiwi TWI drops

      Oh I see. This is a very important consideration for the economic traitor class, those following in the footsteps of Fay and Richwhite.

    • tracey 18.3

      What you and Mr Kong appear to be saying is doing nothing continues tobe a great plan. If you are right, we could save enormous amount sof money by retiring our current cabinet and saving their salaries and hanger son costs

  19. Afewknowthetruth 19

    If the exchange rate were to drop to what it was around the year 2000 (40c US) everyone would be grizzling that they could not afford fuel or imported goods.

    The Era of Entitlement is over and we are now living in the Era of Consequences. Unfortunately, most people still have not realised and think they are still living in the Era of Entitlement.

    • King Kong 19.1

      As the world will end in 2015 I can probably kid myself that we are living in the “era of entitlement” untill then.

      What you are doing is the same as chastising a dying man for having a last smoke.

      • Tim 19.1.1

        As the world is going to end in 2015 (as you say), I’m wondering why you’re advocating the accumulation of wealth. Is it that protestant work ethic kicking in where all work is good – even pushing shit uphill?

  20. Colonic Wiper 20

    Export focussed manufacturers are important , no doubt. But also manufacturers supplying local consumption and this is the rub. Often they source off shore components and raw materials for local conversion. Be careful with shouting about about a dramatically reduced dollar as these companies are the mainstay of manufacturing employment. Again we are seeing a very silo’ed and unintegrated approach only keen on issue raising and noise producing.

  21. ad 21

    I think it was Karl Marx who said that “The point is not merely to interpret the world, the point is to change it.”

    What is this inquiry intended to produce? Would it change any business decisions, or any industry direction, as a result?

    Could the report find common ground between the participant political parties, towards a 2014 coalition policy?

    Will it change the decisions of any company or industry?

    We are probably dealing with the most commerically interventionist National government since Muldoon – so will this report propose a specific set of different interventions with a different underlying rationale? Being more, or less, “hands on”, isn’t enough now.

    And with the recommendations in the resulting report, is David Shearer committed to doing anything with them?

  22. d2ba 22

    If the exchange rate were to drop to what it was around the year 2000 (40c US) your wages. kiwisaver and life savings are wiped out very quickly
    I export to Australia and what the other exporters crying foul are really complaining about is they but a position/forward contract with the bank gambling on the Kiwi coming down and will lose money
    on the punt. I say tough that business , those exporters called it wrong and gambled on the exchange rate

    • Gosman 22.1

      Agreed.

      Also what the opposition parties are not saying is that they really want to lower everybody’s living standards so that industrialists can compete.

      Regardless, any attempts to manipulate the currency to favour one section of society over another is likely to fail given the fact that the rate is largely determined by perceptions of market fundamentals.

      Can someone please explain how the US dollar and the Euro are not at a rate that is basically reflective of the respective weaknesses in those economies.

  23. Gosman 23

    I expect to see a flood of industrialists deserting the National party and joining the various opposition parties then. Hmmmm… I sense a Tui ad there for some reason.

  24. fenderviper 24

    Maybe you will, the exporting ones are not getting any relief, respect, mature dialogue or leadership from this inept Govt.

    woops..reply to Saint Gosman

    • Gosman 24.1

      Excellent. Which party will they flock to do you think?

      • fenderviper 24.1.1

        They should head to the Greens if they are thinking long term IMO

        • Gosman 24.1.1.1

          Good stuff. I look forward to the Greens being innundated with industrialists money and support in time for the next election then.

          • fenderviper 24.1.1.1.1

            Yes me too!

            Or they can continue to hang with dinosaurs, rape resources, foul the place up and shorten their long-term “brighter future”.

Recent Comments

Recent Posts

  • ANZ has moral obligation to fully compensate farmers
      The ANZ Bank has a moral obligation to fully compensate farmers after the High Court today declared it breached the Fair Trading Act by misleadingly representing interest rate swap loans, Labour’s Primary Industries spokesperson Damien O’Connor says. The Commerce… ...
    17 hours ago
  • Fairfax can’t use restructure to cut terms and conditions
    The restructure and upheavals at Fairfax should not be used as an opportunity to cut journalists’ terms and conditions, Labour spokesperson for Labour Issues Iain Lees-Galloway says. “Businesses have to adapt to new technologies and consumer demands and there is… ...
    17 hours ago
  • McCully excuses unravel in Saudi sheep scandal
    Murray McCully has misled New Zealanders, Parliament and his Cabinet colleagues on the real reasons for paying millions of dollars in the Saudi sheep scandal – it’s time for him to clean, says Labour’s Export Growth and Trade spokesperson David… ...
    19 hours ago
  • Nats break health and education spending promises
    National has outstanding promises of almost $1 billion to be spent on health, education and agriculture from the Future Investment Fund but has only $536 million left in the fund, says Labour’s Finance spokesperson Grant Robertson. “John Key and Bill… ...
    19 hours ago
  • Manurewa youth leaders acknowledged
    The depth and breadth of leadership of youth throughout Manurewa, which has been recognized at the Youth Week Award ceremony held at Parliament this week, should make the community extremely proud, Manurewa Labour MP Louisa Wall says. “The 'Limitless Youth… ...
    20 hours ago
  • Oi Auckland Transport: fare’s fair
    Auckland Transport should go back to the drawing board on its proposal to charge commuters for its park-and-rides, Labour’s Transport spokesperson Phil Twyford says. “When we need to be getting people out of their cars and onto public transport, it’s… ...
    21 hours ago
  • Is Nick Smith making it up as he goes along?
      Housing Minister Nick Smith must release the list of Crown land parcels which formed the basis of the Government’s Budget announcement, Labour’s Housing spokesperson Phil Twyford. “If the public is to have any faith the Government is not just… ...
    21 hours ago
  • Norway moves first to dump coal investments
    The Green Party today called on the Government to secure cross-party support to sell its investments in coal mining companies.The Norwegian Parliament's finance committee agreed in a bipartisan motion yesterday to instruct the $1.2 trillion Government Pension Fund to sell… ...
    GreensBy Russel Norman MP
    23 hours ago
  • Fonterra payout $13b black hole over 2 years
    Fonterra’s dramatic cut to its forecast farmgate payout over this season and next will lead to a $13 billion black hole over two years, and shows the need for a plan to diversify the economy, says Labour’s Finance spokesperson Grant… ...
    1 day ago
  • Labour calls for select ctte inquiry into Rural Broadband Initiative
    Labour is calling for an immediate inquiry into the flailing $300 million rural broadband initiative, before companies and consumers are forced to pick up the tab for the new $150 million broadband tax, says Labour’s ICT spokesperson Clare Curran. “Rural… ...
    1 day ago
  • Public broadcasting takes big hit under National Government
    Public broadcasting funding has been cut by 25 per cent in real terms since the National Government took office in 2009, leading to the erosion of our once world-class news and current affairs culture, says Labour Broadcasting Spokesperson Clare Curran. … ...
    1 day ago
  • Hospital food plan hits another snag
    The Government has been left with egg on its face with Hawke’s Bay District Health Board today giving a plan to outsource hospital food services the thumbs down, Labour’s Health spokesperson Annette King says. “Doing away with local kitchens by… ...
    2 days ago
  • Hospital food plan hits another sang
    The Government has been left with egg on its face with Hawke’s Bay District Health Board today giving a plan to outsource hospital food services the thumbs down, Labour’s Health spokesperson Annette King says. “Doing away with local kitchens by… ...
    2 days ago
  • Wilkinson appointment wrong in principle
    The appointment of former Conservation Minister Hon Kate Wilkinson as an Environment Commissioner is wrong in principle, says Labour’s Shadow Attorney-General David Parker. “The doctrine of separation of powers requires judicial processes to remain separate and independent from the legislature… ...
    2 days ago
  • McCully doesn’t deny bribe in Saudi sheep scandal
    “In Parliament today I asked Murray McCully directly: Why is he the first Minister in history to back a multi-million dollar facilitation arrangement which in other jurisdictions is called a bribe? says Labour’s Export Growth and Trade spokesperson David Parker.… ...
    2 days ago
  • National must back our future doctors
    National must support our future doctors and agree to the calls from the Medical Students’ Association and the Young Nats to lift the arbitrary 7 year cap on student loans for medical and dental students, Labour’s Tertiary Education Spokesperson David… ...
    2 days ago
  • Taxpayer the loser after Government folds
    Steven Joyce today admitted the main exhibition hall at the New Zealand International Convention Centre is 19 per cent smaller than what was described at the time other bidders were edged out of the process, Labour’s Economic Development spokesperson David… ...
    2 days ago
  • Govt’s lack of ambition for women
    Yesterday, the Government put out a media release entitled “Number of women leaders continues to grow”. It was to inform us that the percentage of women on state-appointed boards has increased to 41.7%, up from 41.1% in 2013. Well, woo-hoo… ...
    GreensBy Jan Logie MP
    2 days ago
  • Auditor-General exposes Key’s scapegoating of Council
    The National Government's blaming of Auckland Council for the city’s housing crisis has been exposed as scapegoating in the Office of the Auditor-General’s latest report, Labour’s Housing spokesperson Phil Twyford says. “The Auditor-General says Auckland Council’s part in fixing the… ...
    2 days ago
  • Reform – not money – needed for meat sector
    The National Government continues to throw good money after bad at the meat industry instead of addressing the fundamental problem of its dysfunctional structure, Labour’s Primary Industries spokesperson Damien O’Connor says. “The latest Primary Growth Partnership grant to the venison… ...
    2 days ago
  • Government cuts corners on school bus funding
    The safety of children – not cost cutting – should be the main objective behind the Government’s funding of school buses, Labour’s Education spokesperson Chris Hipkins says. “Buried in the detail of this year’s Budget are $19 million of funding… ...
    2 days ago
  • Women the losers under National’s cuts
    National’s poor performance in appointing women to state sector boards is set to get worse with funding cuts to the nomination service provided by the Ministry for Women, Labour’s Woman’s Affairs spokesperson Sue Moroney says. “Minister for Women Louise Upston… ...
    2 days ago
  • Help sought by agencies now asked to help
    The organisation Social Development Minister Anne Tolley has tasked with setting up an emergency hotline for stranded Relationships Aotearoa clients has just lost a bid for a government contract to launch a new national helpline, Labour’s Acting Social Development spokesperson… ...
    2 days ago
  • Wellington got loud again on climate
    On Monday night, in Wellington, I attended the last of the Government’s climate target consultation meetings. It was quite well attended with maybe 150 people, not bad for a second meeting with very little notice and, as far as I… ...
    GreensBy Jan Logie MP
    2 days ago
  • Final nail in coffin for Solid Energy workers
    Today’s confirmation of job losses at Solid Energy’s Stockton and Spring Creek mines shows the urgent need for new economic opportunities on the West Coast, Labour’s MP for West Coast-Tasman Damien O’Connor says. “Our economy can no longer rely on… ...
    3 days ago
  • Ramadi proves Iraq deployment high risk, low benefit
    The fall of Ramadi and the collapse of the Iraqi Army proves Labour was right to be concerned about the deployment of our troops to Iraq, Labour’s Defence spokesperson Phil Goff says. “The fall of Ramadi brings IS fighters within… ...
    3 days ago
  • English admits new taxes on the cards
    Eight months after pledging “no new taxes” at the election Bill English today admitted he would bring in more sneaky taxes along the lines of the border tax, says Labour’s Finance spokesperson Grant Robertson. “Not only did National bring in… ...
    3 days ago
  • What the Dickens is going on at SDHB?
    Problems at the financially-strapped Southern District Health Board appear to stretch to its HR department with information obtained by Labour showing it still records staff leave entitlements using manual book-keeping methods. “The Board’s draft 10-year plan document forecasts a cumulative… ...
    3 days ago
  • Teachers turn backs on new professional body
      The fact that just 56 per cent of nominations for the Education Council came from registered teachers shows the profession has turned its back on Hekia Parata’s new professional body, Labour’s Education spokesperson Chris Hipkins says. “Answers to written… ...
    3 days ago
  • No spade work done on big building plan
      Only a quarter of the 500 hectares of Crown land the Government wants to use for new homes is understood to be suitable for building on, Labour’s Housing spokesperson Phil Twyford says. “This was National’s bold new idea to… ...
    3 days ago
  • National: Seven KiwiSaver cuts in seven years
    National’s campaign of KiwiSaver cuts has reached seven in seven years as it dismantles KiwiSaver block by block, Labour Leader Andrew Little says. “KiwiSaver is critical to establishing a savings culture in New Zealand but National has taken a jenga-style… ...
    3 days ago
  • Tolley’s actions contradict reassurances
    Social Development Minister Anne Tolley has serious questions to answer following the forced closure of Relationships Aotearoa just days after her reassurances she was looking at ways to keep the service operating, Labour’s Acting Social Development spokesperson Annette King says.… ...
    3 days ago
  • SkyCity downsize another broken promise
    The downsized SkyCity Convention Centre does not deliver on the promised iconic world-class centre and shows the true extent of Steven Joyce’s incompetence, Labour Leader Andrew Little said today. “New Zealanders were promised an iconic world-class convention centre that would… ...
    3 days ago
  • Te Arawa partnership model a step closer
    Councils around New Zealand have an opportunity to improve their consultation with Iwi Māori by following Rotorua District Council’s Te Arawa Partnership Model, Labour’s Māori Development spokesperson Nanaia Mahuta says. “The Rotorua District Council will today decide whether to adopt… ...
    3 days ago
  • Labour mourns Dame Dorothy Fraser
    Labour Leader Andrew Little said the party is today mourning the loss of the youngest person to join the Labour Party, Dame Dorothy Fraser, who went on to be a stalwart of the Dunedin community and tireless worker for others.… ...
    4 days ago
  • The ultimate scapegoat: PM blames fruit fly for new tax
    The Prime Minister has found the ultimate scapegoat for breaking his promise not to introduce a new tax – the Queensland fruit fly, Labour’s Biosecurity spokesperson Damien O’Connor says. “John Key’s first policy upon taking office and assigning himself the… ...
    4 days ago
  • How many victims missing out on protection?
    Hundreds of domestic abuse victims could be missing out on getting protection orders because they are unable to get legal aid, Labour’s Justice spokesperson Jacinda Ardern says.“In the last two years some 351 people who applied for legal aid for… ...
    6 days ago
  • Government kicks hardworking whanau
    A major incentive to help young Kiwis and people on low incomes to start saving has been kicked out from under them with the National-led Government ramming through short-sighted legislation under Urgency today, Labour’s Maori Development Spokesperson Nanaia Mahuta says.… ...
    6 days ago
  • Speculator tax political stunt gone wrong
    Bill English’s admission he doesn’t know whether National’s new speculator tax will have any effect shows last weekend’s announcement by the Prime Minister was a desperate political stunt, says Labour’s Housing spokesperson Phil Twyford. “This Government is so desperate to… ...
    6 days ago
  • The value of parenting
    This week, as part of the Budget, the government introduced a bill to address child poverty. This bill will require parents receiving income support to look for part-time work once their youngest child is three years of age rather than… ...
    GreensBy Jan Logie MP
    6 days ago
  • Another new tax, another broken promise
    National has unveiled yet another new tax in this budget – a rural broadband levy that will almost certainly result in an immediate price hike for internet and telephone connections across New Zealand, Labour’s ICT spokesperson Clare Curran said “The… ...
    7 days ago
  • Anniversary of Sri Lankan Tamil Massacre
    This is not going to be a happy story but if the Green Party of Aotearoa doesn’t want to know who else will? May 18th marks the anniversary of what is known as the ‘Mullivaikal massacre’ of Tamils in 2009 at… ...
    GreensBy Catherine Delahunty MP
    7 days ago
  • Labour MPs join youth to take part in 40 hour famine
    A team of Labour MPs took part in the 2015 World Vision 40 hour famine and we were told by World Vision and the young people, that it was the first time MPs had joined them and how appreciative they… ...
    7 days ago
  • Rodeo: ‘Family entertainment’ or animal abuse?
    Recently  TVNZ ran a story with confronting footage showing rodeo animals being punched, repeatedly shocked with electronic prods and having their tails violently twisted over their backs. It was clear that significant force was being used behind the scenes to make… ...
    GreensBy Mojo Mathers MP
    7 days ago
  • Budget puts the squeeze on police
    The Government has cut funding to the New Zealand police force in the latest Budget, says Labour’s Police spokesperson Kelvin Davis. “The reduction is a whopping $15.3 million that could put front line officers at risk. ...
    7 days ago
  • Crucial social services take another hit
    The Government looks set to slash half a million dollars of funding for critical social services, including Women’s Refuge and Barnados, says Labour’s Social Development spokesperson Carmel Sepuloni “Taking $500,000 from organisations aimed at improving the lives of vulnerable families… ...
    7 days ago
  • Saying it Loud on Climate in Christchurch
    The Government’s Christchurch consultation meeting on New Zealand’s emission targets was inspiring – not for what was in the Ministry for the Environment’s (MFE’s) defeatist video about the obstacles to changing to a low carbon future, but for what the… ...
    GreensBy Eugenie Sage MP
    7 days ago
  • Budget silent on small business
    The Government has completely ignored one of the most important sectors of the economy – small and medium-sized enterprises – in Budget 2015, Labour’s Small Business spokesperson Jacinda Ardern says. "A stunning 41 per cent of jobs were created by… ...
    7 days ago
  • Thank you John, it’s been bloody marvellous
    The departure of John Campbell is a blow to current affairs investigative journalism, Labour’s Broadcasting Spokesperson Clare Curran says. “Campbell Live stood out in its field. Its axing comes as local broadcasting in New Zealand remains in a state of… ...
    7 days ago
  • KiwiSaver cut shows no long-term plan
    National’s cutting of the KiwiSaver kickstart is incredibly short-term thinking, typical of a Budget that is woefully short on ideas to generate wealth and opportunity, Labour’s Finance spokesperson Grant Robertson says. “New Zealand’s savings rate is far too low. KiwiSaver… ...
    7 days ago

  • Med student crisis wake-up call
    The national student NZUSA is putting its full weight behind the growing calls by the New Zealand Medical Students’ Association, political parties, youth wings and professional associations for the Government to immediately reinstate access to the ...
    39 mins ago
  • EMA Supports Need to Get the Health and Safety Bill Right
    With New Zealand facing the biggest changes to health and safety laws in 20 years, the EMA supports the Governments delay of the Health and Safety Reform Bill if it means getting the right result for employers and workers. ...
    18 hours ago
  • Relationships Aotearoa meets with transition providers
    Relationships Aotearoa met this morning (Thursday, 28 May) with representatives of four of the five providers appointed by the Ministry of Social Development (MSD) to transition RA clients. ...
    18 hours ago
  • ‘Count human health in your climate calculations’
    The government may be asking for public input on New Zealand’s planned action to address climate change in the lead-up to global negotiations this year in Paris, but health is left out of the equation, health groups say. Doctors, nurses,… ...
    19 hours ago
  • Mccully Must Disclose Legal Advice
    The Taxpayers’ Union is calling on Foreign Affairs Minister, Murray McCully, to publicly release the legal advice relating to the Saudi sheep deal. ...
    19 hours ago
  • ‘Count human health in your climate calculations’
    The government may be asking for public input on New Zealand’s planned action to address climate change in the lead-up to global negotiations this year in Paris, but health is left out of the equation, health groups say. ...
    20 hours ago
  • Salaries for Members of Parliament
    The Remuneration Authority has issued its determination on the salaries for Members of Parliament following amendments to the provisions in the Remuneration Authority Act 1977 earlier this year. ...
    21 hours ago
  • Government must not abandon health and safety reform
    While resistance in the National Party caucus delays the passage of the Health and Safety Reform Bill, FIRST Union General Secretary Robert Reid says there should be no health and safety law exceptions for small businesses and farmers. ...
    21 hours ago
  • MasSiVe Hikoi welcomed by Human Rights Commission
    The Human Rights Commission is welcoming this week’s MasSiVe hikoi led by Kiwi men who oppose sexual violence. ...
    22 hours ago
  • Ongoing celebrations for Supreme Court ruling
    Recreational fishers are celebrating the fifth anniversary of the Supreme Court ruling that changed the fisheries management landscape in New Zealand. In a landmark decision in 2009 the Supreme Court confirmed the Minister for Primary Industries, Nathan Guy, ...
    22 hours ago
  • Banks investigation “not subject to political interference”
    A report released today by the Independent Police Conduct Authority found that the Police investigation into John Banks’ return of expenses and donations at the conclusion of the 2010 Auckland Super City Mayoral election was thorough and robust and was… ...
    23 hours ago
  • Using racism to win means you’ve already lost
    The Human Rights Commission is urging everyday New Zealanders to stand up to racist sports fans and players. ...
    23 hours ago
  • Jim Butterworth
    Jim Butterworth was the elder statesman of our great union. He served to protect and advance the interests of New Zealand working people over many years of union organising and leadership. Jim led the northern region of the Engineers’ Union… ...
    24 hours ago
  • Closure of Relationships Aotearoa
    The Aotearoa New Zealand Association of Social Workers (ANZASW) Chief Executive Lucy Sandford-Reed is concerned about the closure of a national service which provides a wide range of services to rural and urban communities throughout New Zealand.  ...
    24 hours ago
  • Three Years Since Villaggio Fire
    Jane and Martin Weekes, the parents of the two-year-old triplets, New Zealand citizens, who were killed in the Villaggio mall fire in Doha, Qatar, on 28 May 2012 will be reflecting on the short lives of Lillie, Jackson and Wilsher… ...
    24 hours ago
  • Count human health in your climate calculations
    The government may be asking for public input on New Zealand’s planned action to address climate change in the lead-up to global negotiations this year in Paris, but health is left out of the equation, health groups say. ...
    24 hours ago
  • PSA welcomes Hawke’s Bay DHB’s decision on food services
    The PSA welcomes Hawke’s Bay District Health Board’s decision to reject Health Benefits Limited’s proposal to outsource food services to multi-national company Compass Group. ...
    1 day ago
  • Overseas Trade Indexes (Prices and Volumes)
    We are combining the Overseas Trade Indexes (Prices) and Overseas Trade Indexes (Volumes) into one release as of next week’s 2 June publication. ...
    2 days ago
  • Core government cap disappointing and disingenuous
    The Public Service Association (PSA) says the Government’s continued focus on capping the size of core government administration is counter to providing New Zealanders with the services they need and depend on. ...
    2 days ago
  • Saudi ‘Compensation’ Not in Full And Final Settlement
    The Taxpayers’ Union is has uncovered that despite building a $7.5 million ‘Agri-hub’ and paying $4 million to the Al Khalaf Group, no settlement agreement or liability waiver was secured in relation to the apparent claim the Government is using… ...
    2 days ago
  • SkyCity still holds winning hand
    SkyCity still holds winning hand despite having to pay more for Convention Centre The Problem Gambling Foundation says it is not surprising SkyCity was prepared to put more money into the Convention Centre considering the Casino has been granted ...
    2 days ago
  • Doctor, I’ve got a 7 year itch
    Young Labour supports the campaign by the New Zealand Medical Students’ Association to have the 7 year lifetime limit on student loans scrapped. “This policy by the National Government makes no sense. It means that medical school students may be… ...
    2 days ago
  • Vulnerable people will be most affected by closure
    The New Zealand Nurses Organisation (NZNO) is concerned that vulnerable clients are being left in the lurch in the wake of the abrupt closure of Relationships Aotearoa. ...
    2 days ago
  • Young Nats call for Govt to back Med Students
    The Young Nats support the New Zealand Medical Students Association’s campaign to exempt medical students from the seven year equivalent full time study cap on borrowing for course costs, and want the cap extended to nine years for this group… ...
    2 days ago
  • Review of fire services a major opportunity for future
    Wellington, Wednesday 27 May 2015 - Rural and urban volunteer firefighters make up 80 percent of New Zealand’s fire services. Their representative organisation, the United Fire Brigade’s Association (UFBA), says the Minister for Internal Affairs, ...
    2 days ago
  • Fire Service review rules out fairest option
    Insurance Council Chief Executive Tim Grafton says “the Government has made a mockery of genuine consultation by ruling out the fairest, most cost effective and sustainable way of funding the Fire Service” in its release of the Fire Services review… ...
    2 days ago
  • NZMA supports students’ call on loans
    The New Zealand Medical Association (NZMA) supports the call by the New Zealand Medical Students’ Association (NZMSA) for the Government to urgently address the impact of time restrictions on the student loans of many medical students currently ...
    2 days ago
  • No Rights of Access to $11.5 Million Dollar Saudi Farm
    Exclusive: No Rights of Access to $11.5 Million Dollar Saudi Farm WEDNESDAY 27 MAY 2015 FOR IMMEDIATE RELEASE The Taxpayers’ Union has uncovered that despite taxpayers forking out $11.5 million to build an ‘Agri-hub' in Saudi Arabia, officials failed ...
    2 days ago
  • Abduction attempt blamed on lax politicians
    Commenting after yesterday's attempted abduction of a five year old boy outside a Hastings school the Sensible Sentencing Trust has lashed out at politicians for “putting our kids at an undue and totally unacceptable risk”. ...
    2 days ago
  • Press Release from SuperGrans Aotearoa
    SuperGrans applaud the government for providing an extra $25 per week for low income families and further supporting Whanau Ora, Children’s Teams and CYF. These are all initiatives that will enhance collaborative effort to support our precious and ...
    2 days ago
  • Relationships Aotearoa welcomes discussion
    The Ministry of Social Development (MSD) advised by phone this afternoon (26 May) that five agencies have been selected to undertake the work Relationships Aotearoa (RA) had been contracted to provide for MSD. “Since 15 May, RA has been working… ...
    2 days ago
  • Human Rights Commission welcomes Rotorua partnership model
    Race Relations Commissioner Susan Devoy has welcomed news that Rotorua District Council has agreed to a modified version of the Te Arawa Partnership model. ...
    2 days ago
  • Final nail in coffin for Solid Energy workers
    Today’s confirmation of job losses at Solid Energy’s Stockton and Spring Creek mines shows the urgent need for new economic opportunities on the West Coast, Labour’s MP for West Coast-Tasman Damien O’Connor says. ...
    3 days ago
  • Comments sought on Takapūneke Reserve
    Comments sought on Takapūneke Reserve Christchurch City Council wants public input into a plan that could help make Banks Peninsula's Takapūneke Reserve a National Reserve. The Council is currently seeking written suggestions to help draft a Reserve ...
    3 days ago
  • What the Dickens is going on at SDHB?
    What the Dickens is going on at SDHB? Problems at the financially-strapped Southern District Health Board appear to stretch to its HR department with information obtained by Labour showing it still records staff leave entitlements using manual book-keeping ...
    3 days ago
  • Maori Party Labels One Man, One Vote Supporters as Racist
    The Maori Party’s approach of bullying and intimidation against those who have stood up for one person, one vote, in Rotorua, is a dishonourable act by Members of Parliament that should know better. Democracy Action, a pressure group which champions… ...
    3 days ago
  • Government proses weakening the Health and Safety law
    “The Government’s suggestion that the new workplace health and safety laws will be weakened is very disappointing”, says Hazel Armstrong health and safety lawyer and member of the Independent Forestry Safety Review Panel. ...
    3 days ago
  • Giving faces to the faceless
    Powerful films and unforgettable documentaries can highlight human rights in ways speeches and documents never will says Race Relations Commissioner Dame Susan Devoy. ...
    3 days ago
  • Deaf Aotearoa applaud NZ On Air funding announcement
    Deaf Aotearoa are thrilled with the announcement that NZ On Air will be providing additional funding for captioning on TV One, TV2, TV3 and FOUR. Independent captioning and audio description service Able will receive $400,000 more in the coming year,… ...
    3 days ago
  • Scott Technology lays off Christchurch workers
    Thirteen workers at Scott Technology, which manufactures, services and installs equipment for the appliance industry, were informed last week that they have been made redundant. This announcement, which came as a shock to the workers, comes after ...
    3 days ago
  • Smaller Convention Centre Should Mean Less Pokies
    Family First NZ says that with the downsizing of the SkyCity Convention Centre, the legislative concession for allowing an increased number of pokie machines should be significantly reduced, if not scrapped. “As we said from the outset, this deal ...
    3 days ago
  • Parliament missing in action on RMA reform
    Chief Executive Phil O’Reilly said recent indications of ‘no change’ to sections 6 and 7 of the Act means it is now clear that after six years Parliament is incapable of delivering anything more than the lowest common denominator –… ...
    3 days ago
  • Government wants safer workplaces… or does it?
    Government wants safer workplaces… or does it? Today a widow and a mother sit together in the High Court in Wellington fighting for justice for the men that were killed at work in the Pike River Mine disaster of 2010,… ...
    3 days ago
  • New Zealanders reckon they’re doing pretty well
    The majority of New Zealanders say they’re highly satisfied with their lives, and slightly more rate their sense of purpose highly, Statistics New Zealand said today. These are the first results from Statistics New Zealand’s survey of nearly 9,000 ...
    3 days ago
  • Rural hospitals’ services vulnerable
    “The Southern District Health Board’s efforts to tighten its financial belt are clearly going to have very serious consequences for rural hospitals,” says Ian Powell, Executive Director of the Association of Salaried Medical Specialists ...
    3 days ago
  • Settlement and iwi unity overwhelmingly important to Ngāpuhi
    The settlement of historical Te Tiriti Waitangi grievances and iwi unity are growing in importance to Ngāpuhi, says a Horizon Research survey report released on 24 May. ...
    3 days ago
  • Protecting workers’ lives is not “onerous”
    26 May 2015 Media Release Protecting workers’ lives is not “onerous” The government must not water down changes to health and safety legislation which are vital for New Zealand workers, says the Engineering, Printing and Manufacturing Union. “The ...
    3 days ago
  • Taxpayers Short-Changed by Skycity Deal
    The Taxpayers’ Union is outraged over the latest details of the SkyCity convention centre released today, specifically that the number of delegates the centre will be able to hold has been reduced for a second time. Taxpayers’ Union Executive ...
    3 days ago
  • Parental Notification Supported by Parents & Teens
    Family First NZ is calling on politicians to reflect the concerns and wishes of parents and also teenagers, and ensure that young pregnant girls in a crisis situation receive the family support they deserve and need. ...
    3 days ago
  • Integrated approach needed for Māori economic development
    Business and asset development, employment opportunities and wealth creation must contribute to Māori well-being, according to iwi at the launch of a Māori economic development research report in Whakatāne. ...
    3 days ago

Public service advertisements by The Standard

Current CO2 level in the atmosphere