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NZ Power

Written By: - Date published: 12:02 pm, April 18th, 2013 - 222 comments
Categories: david parker, david shearer, economy, energy, greens, labour - Tags: , ,

Power prices having been rising much more quickly in NZ than in other OECD countries. With the current privatisation of state owned generators, the problem will get worse not better. Something needs to be done.

At noon today Labour and the Greens jointly announced new energy policies. “NZ Power” is big and it’s bold. It will completely restructure the way the electricity sector is run, and result in lower power prices for both domestic and business consumers.

From Labour’s policy release document:

Key Points of Labour’s Solution
• A new agency called NZ Power will act as a single buyer of wholesale electricity. It will also have the power to set prices based on operating costs and a fair return on capital.
• NZ Power will introduce a new pricing system where electricity companies get a fair return and consumers finally get a fair go.
• These measures will also encourage more competition among retailers.

Impact of Policy
• Power prices for the average household will drop by $230 – $330 a year.
• Businesses will also see prices lower by between 5 and 7 per cent on average.
• This policy will create 5,000 jobs and boost the economy by $450 million per annum.

The projections for the impact on the economy have been independently costed by Business and Economic Research Limited (BERL).

It’s important to note that this model of a state run wholesale buyer / distributor is in place and working in other countries (including South Africa and Brazil) and some states of America (California, Virginia). This model can and does incorporate planning and funding of future generation capacity.

Why now, after Labour let prices rise during it’s nine years in office? Because it’s a new leadership with new ideas. And because with the privatisation of the sector (profits heading off-shore instead of being spent on health and education), prices are set to rise even faster in the future if nothing is done.

The downside is that share prices are likely to be affected. There is no way to control the prices that generators can charge without also impacting their profits, and therefore possibly their share prices (the markets will decide). That is why the policy is being signaled now. It isn’t an ambush and it isn’t “sabotage”. It will be put to the electorate in 2014, and investors have plenty of advance warning, time to respond.

This is a great example of Green / Labour cooperation – hopefully a model for the future! It’s a classic left wing / social democratic policy which sees a role for government in making life better for people. The market model has failed in the electricity sector. It’s time for a change. Bring on NZ Power!


Update: The Greens policy release is here. Labour’s is here. Between them they have plenty of supporting information and documentation.

Updated with responses:

Bernard Hickey:

This is their first joint announcement of a major policy plank for a Labour/Green Government, essentially creating the bones of a coalition government in waiting for the first time. It transforms the political landscape and signals what would be the biggest re-intervention in the New Zealand economy since its deregulation began under Labour in 1984.

The CTU:

Lower power prices good for families

The CTU welcomes new thinking from the Labour and Green Parties today to reduce power prices. It is long overdue.

Bill Rosenberg, CTU Economist says “New Zealand residential electricity consumers have suffered from the reliance on an electricity ‘market’ which has failed to deliver low cost electricity for much too long now. Low income families lose the most to power companies as a proportion of their incomes. We welcome these policies to lower the high cost of electricity. Just as we support fair wages we welcome initiatives that will ease the burden of unfair prices on low-income families and reduce inequality.”

A good summary by Herald writers Adam Bennett and Audrey Young:

Labour and the Greens are promising a major intervention in the retail power system in a bid to lower residential power prices if they win next year’s election. …

The parties would create a new Pharmac-style agency called NZ Power to act as a single buyer of wholesale electricity, Labour leader David Shear and Greens co-leader Russel Norman have just announced at Parliament. …

Mr Shearer said Labour had been working on the plan for some time and it was not an attempt to derail the Government’s Mighty River share offer which began this week or the wider asset sales plan.

He said it was the biggest market intervention Labour would make.

“It’s the big Kahuna”.

For reactions from Right and Left see Colin Espiner’s “Labour’s crazy new energy policy” and Chris Trotter’s “Okay! Okay! I surrender. Shearer Stays”.


electricity-prices

222 comments on “NZ Power”

  1. Lanthanide 1

    Clearly some authors at The Standard are now getting advanced access to Labour press releases.

    [lprent: a email turned up in my mail box from both labour and the greens earlier today. I would presume that as a blogging labour member that r0b gets the same thing. As does the standards own mailbox. There is this thing called the internet. ]

    • infused 1.1

      Why would you be surprised?

      Also seems to be ‘proofed’ by someone else. Not his normal writing.

      • r0b 1.1.1

        I can assure you that I wrote every word of the post apart from those quoted.

      • Pascal's bookie 1.1.2

        lolwut?

        Are you a textual analyst now?

        Looks like r0b’s writing style to me.

        • Huginn 1.1.2.1

          Yes. And if R0b got help with proofing, then that’s good too.

          • r0b 1.1.2.1.1

            I’m starting to fear that all my posts are riddled with errors that I cannot see! No – no help with proofing – I just wrote the thing.

            • Huginn 1.1.2.1.1.1

              Your posts always read well.
              And while I’m talking praise, I’ll take the opportunity to tell you that I also like your firm stand against violence.

              • Cant remember my last username

                + 1

                Though not sure I like the mix of alphanumerical and numeric text in your username – looks unprofessional :)

                [lprent: And the obvious answer to that is in the about, which you should have read before making such a patently dumb statement. This blog is neither our profession nor our paymaster. In fact it pays nothing.

                Professionally I'm a computer programmer who mostly writes c++ and who has a attitude derived from many many hours of professionally crushing bugs. Writing sarcastic notes on the comments of jerkoffs is just a quite pleasurable variant.

                r0b is an academic with far more social skills, a better attitude about people acting up that probably derives from too close a contact with younger humans, and with less of urge to whittle sarcastic chunks into comments. But blogging isn't his profession either.

                I'd suggest you read the about and the policy. I tend to get nastier when I have to repeatedly 'notice' people in my moderator role. :twisted: ]

                • r0b

                  r0b was only ever meant to be a temporary handle for a temporary dabble in blogs – but it kinda got out of hand…

                • Cant remember my last username

                  Yikes – I’m not sure you got the humor

                  You should take a chill pill – its bad for the health to be that uptight!

                  [lprent: Yeah, we all know that I'm a grumpy old sysop more concerned with keeping our authors than trying to read your alleged mind. This means that the responsibility for any "humorous" "mistake" is entirely on your side because your job is to not leave me any ambiguous room to apply policies to.

                  In particular when referring to the authors who put up the content (r0b is the author of this post). You'll find that the policy effectively says that when given a choice moderators prefer keeping authors rather than "humorous" commentators (who invariably are not, but who are usually the simple troll that you look like to my jaundiced but quite experienced eye).

                  I'd suggest you read the policy to figure out how to avoid my grumpy attention because I really can't be bothered being nice, having seen all of the similar "humour" on social media for many decades already.

                  I'd prefer to just be able to ignore you unless by some mysterious fluke you say something actually worth reading. But that is something that only you can achieve by not attracting my moderating attention. And since I run the tools of the site that you are a guest on and have approximately the interest of a granite block has in being approved of, then you will learn to conform to the quite loose policies or you eventually learn how I will ensure unwelcome guests don't comment.

                  I trust that this clears up the matter to my satisfaction, and that I won't have to waste any more of my precious time "explaining" the laws of the relationship between a moderator role and a victim commentator to you again. ]

              • r0b

                Cheers Huginn.

      • Lanthanide 1.1.3

        I’m not particularly surprised, it’s just interesting to note.

        Often it is levelled by commentators here that Kiwiblog and Whaleoil are getting help from people in the National party.

        Clearly some authors at The Standard are now also getting information from the Labour party that is not made generally public.

        It’s an interesting development, particularly in light of the general tone on The Standard towards the Labour party and David Shearer’s leadership there-of in recent months.

        Also this looks like r0b to me.

    • Lanthanide 1.2

      So an email turns up for you “earlier in the day” and you think you are perfectly typical compared to any other Labour member/supporter?

      ianmac says he got an email at 12:02, so assuming that was actually the time it was sent to him and not just the time he opened it, it appears you got special treatment. And perhaps r0b too – both of your real-life names are hardly secret.

      Presumably if many people were getting these emails “earlier in the day”, like you did, someone would have posted it on Open Mic. And yet we didn’t get any posts in Open Mic about this before 12pm.

      • Daveo 1.2.1

        It’s quite common for media to get embargoed press releases for stuff like this. That’s how they have detailed stories up about speeches and major policy announcements within minutes of them being released.

        If the left-wing political parties have any sense they’ll send embargoed press releases to blogs like this too.

        So, there’s your conspiracy. An embargoed press release. Like every other media outlet.

        • r0b 1.2.1.1

          Sorry I didn’t realise there was a conspiracy theory! Yes – exactly, embargoed (slightly) early release. As far as I know it has only happened twice, KiwiBuild and NZ Power.

      • lprent 1.2.2

        That isn’t uncommon for bloggers (and presumably other media). You wind up on everyone’s email lists for announcements, invitations, press releases, people giving hints and speculation, and just outright noise – from EVERYONE.

        I get them and I have made dedicated attempt to be a grumpy anti-social maniac who makes a point of trying not to be nice. I’d hate to think what it’d be like for a blogger who is actually pleasant.

        You should see our main e-mail stream with everything on it from transcripts of Q&A, to embargoed press releases, to requests that someone writes about this thing for amnesty, to stuff from scoop, curia, many MP’s with what waffle they’re into at the time, and whatever.

        And that is a lot less than what turns up in my e-mail stream or on facebook.

        Looking at what turned up today (now I’m back at my desk) it looks like a couple of people speculating on what the announcement was about this morning and something from David Shearer at midday followed by a few people pushing in links. I could have written a post on the topoic anytime over the last couple of days if I’d had some time. r0b obviously had more than I did.

  2. infused 2

    How would that create 5,000 new jobs? What’s the actual cost of the policy then? All to save $20 a month?

    Underwhelming.

    • r0b 2.1

      New jobs via economic stimulus – not an economist myself but apparently BERL did the numbers.

    • Enough is Enough 2.2

      For the hundreds of thousands of New Zealanders that Key has tipped into abject poverty in 4 cold long years, $20 a month is the difference between life and death. How many impoverished elderly will die in their homes this winter because they can not afford to turn on a heater.

  3. Enough is Enough 3

    Thank Christ they have not called it “Kiwi” power.

    Looks good.

    Key will be shitting himself right now

  4. It is very good to see Labour and the Greens working positively together and new approaches being put forward by them.

    I do not understand the implications of this idea, however it appears a good plan to start indicating to “the market” now, that this is in the pipeline; then perhaps we might get investors buying the shares who actually have an interest in the service this sector is providing, and not solely out for profit.

  5. BM 5

    I don’t see how adding yet another layer helps reduce electricity prices.

  6. tsmithfield 6

    So the answer to solving power prices is to create a monopoly?????

    • Bill 6.1

      Same reply to you as to BM above. Read the links that are provided below.

    • @ tsmithfield

      Perhaps two wrongs don’t make a right, however, would the “monopoly” of NZ Power, perhaps begin to address the huge monopoly corporations have in many areas of the markets? (Call it a counteraction to that monopoly, if you may?)

      Or is corporate monopoly o.k in your book?

      • Jim Nald 6.2.1

        I don’t see anything there that it will be a monopoly.

        “A new agency called NZ Power will act as a single buyer of wholesale electricity. ”

        “single buyer” – more correctly, the term is ‘monopsony’. That is good news. Will protect the buyers. Something like the Pharmac model for drug purchasing, and so it will be like a Powerac. Great!

        • Chris 6.2.1.1

          You are correct it is a monopsony but it is still a monopoly – it is also selling the power to many buyers

          • framu 6.2.1.1.1

            If its a pharmac model would it have the provision for a consumer to step outside the system and do their own buying?

            Though i will be the first to admit that might not be as simple as it sounds

            If it does – its just a bulk buyer – not a monopoly

    • felix 6.3

      Power is already a monopoly tsmithfield.

    • muzza 6.4

      TS – No idea the realities of monopolies do you!

    • Zaphod Beeblebrox 6.5

      The monopoly is that we only have a limited number of power producers of power in NZ. Imagine if anybody could sell power to the grid from the solar collectors? That would be the best ay to bring down prices.

    • Draco T Bastard 6.6

      Yes. That’s always been the case but it must be a state monopoly that is democratically accountable.

      Adding competition just drives up costs for no added benefit. We see this in telecommunications. We’ve got the competition but we’re still having to pay phone bills that are higher than they would be if we’d just kept the state monopoly due to the added bureaucracy and infrastructure. And on top of that inefficiency we also get the dead weight loss of profit.

      • Zaphod Beeblebrox 6.6.1

        At present we have Contact, MRP and Genesis generating all the electricity in NZ usually at locations remote from population centres with large transmission costs.
        We know that the price of solar generation is coming down rapidly, so the obvious question is why not allow people producing excess energy simply to sell power back to the grid?

        This is what has been happening in Australia for the past ten or so years and power demand is actually falling.

        As the Germans and Chinese keep developing better and better solar technology you can pretty quickly see that most people will have no need to buy power from the large suppliers provided of course you get enough sun. The added bonis is that there will need no need to transmit power over huge distances. Surely this will be the cheapest power in the future?

        • Draco T Bastard 6.6.1.1

          …so the obvious question is why not allow people producing excess energy simply to sell power back to the grid?

          You already can.

    • Huginn 6.7

      Yes.
      Electricity markets are highly complex. There’s a lot of evidence that central planning can lead to a better outcome in NZ, but only with the right tools.

      Go here to have a look at what these tools might look like:

      About EPOC
      Our research uses mathematical modelling, optimization and statistical tools to comprehend modern electricity markets such as the NZEM, and to analyze and develop methods for efficient generation schemes and demand-side participation.

      http://www.epoc.org.nz/

      • Colonial Viper 6.7.1

        Can’t say that I’m impressed.

        First thing, let’s kill the concept of the electricity market. That will de-complexify it. And get rid of all this quant bullshit.

        Then as a postscript can we imagine what modelling they did to build and run the first 150 years of NZ’s power infrastructure.

    • tsmithfield – yes, because hasn’t the free market worked so wonderfully well.

      Tell you what, TS. As I said to Gosman, you have a choice in this matter.

      You can,

      (a) take the cheaper power sold via NZ Power (and grudgingly thank the Greens and Labour).

      (b) continue to pay high “market” rates directly to the powercos. I’m sure they’ll appreciate your monthly cheques in the mail.

      Your money, your choice.

  7. Bill 7

    Just seems strange to me that a post on a so-called joint release should focus solely on Labour. So in the interests of a more rounded picture… Russel Normans release speech is here http://www.greens.org.nz/sites/default/files/empowering_new_zealand_russel_norman_launch_speech.pdf

    The Greens’ discussion doc (Q&A) is here http://www.greens.org.nz/sites/default/files/empoweringnz_qa_final_0.pdf

    And it all leads off from this page containing more info/links here http://www.greens.org.nz/factsheets/empowering-new-zealand-supporting-documents

    • Enough is Enough 7.1

      Well done Bill. This policy has Norman stamped all over it. All well and good that Labour is coming to the party but credit is deserved.

      Thanks Rus

  8. Sanctuary 8

    Farrar is shrilly screeching MONOPOLY and doing reducto ad absurdum. The neolibs really have no idea how discredited they now are.

    • infused 8.1

      Don’t get ahead of yourself. If this policy is aimed at the people on minimum wage, I’d bet these people are already voting for the left.

      It’s only saving $20 a month, so I doubt it will attract other voters. Save $300 a year or have a labour / green free govt?

      The poll will be interesting (as well as the costings).

      • Lanthanide 8.1.1

        Hey, I’d gladly take $20 month that you sneer at.

        Shall I send you my bank account and you can start a monthly automatic payment?

        • muzza 8.1.1.1

          Did you vote for any of the parties that are part of the coalition government?

          • Lanthanide 8.1.1.1.1

            Um, no? Also not sure what that has to do with infused saying $20 was meaningless.

      • ghostrider888 8.1.2

        it will attract more to vote for the left then; not just the minimum-waged face power price rises.

      • Tim 8.1.3

        You really ARE utterly disconnected from those genuinely struggling! Are you happily ensconced behind some gated community, or Pin-powered entry mechanism?
        Thankfully I’m not in that situation myself (yet), but God forbid I had you as a neighbour (and no doubt the feeing would be mutual)

        • Tim 8.1.3.1

          Oh, ditto to Lanthanide. The $20 will enable the purchase of a 5 pack of noodles per week, or some cans of baked beans – the beneficiary’s staple.

      • felix 8.1.4

        “If this policy is aimed at the people on minimum wage, I’d bet these people are already voting for the left.”

        Nope. They’re not voting at all, in large numbers.

  9. BLiP 9

    Hmmm . . . maybe I won’t buy those shares after all. This policy looks like it might deliver better in-the-hand returns.

    • Lanthanide 9.1

      I’m definitely not buying shares.

      • Cant remember my last username 9.1.1

        As per my comment below

        If you believe that :
        (1) labour wont win the next election (the ‘Shearer’ effect)
        (2) that this announcement will lower the initial listing price of MRP

        Then this policy should actually increase you desire to purchase shares as the upside in % terms is now much greater

        Personally I filling my boots

        • BLiP 9.1.1.1

          If you were a real player you’d have shut your gob rather than continuing to promote the share offer.

          • Cant remember my last username 9.1.1.1.1

            I wish I was a real player…

            • BLiP 9.1.1.1.1.1

              Yeah, I thought you were a ticket clipper.

              • Cant remember my last username

                Better to clip than not to clip!

                I’m sure if I told you I was a player (presumably by player you mean an investment banker or fund manager) you would give my views much more respect :)

                • felix

                  I love it when people take a well understood idiom (in this case “chardonay socialist”) and use it so poorly that in the context it becomes meaningless. In this case a 180 degree misunderstanding of a very simple phrase.

                  Actually no I don’t, it’s boring as all hell and thick to boot.

        • One Anonymous Knucklehead 9.1.1.2

          Remind me what Labour have to do to “win” the next election. Most seem to think it involves consistently polling above 35%. You do understand MMP, don’t you?

          As Lanth says below, with your crystal ball you’ll have no problem making a killing on iPredict. Fill your boots.

          • Cant remember my last username 9.1.1.2.1

            I suspect iPredict fully accounts for the Shearer effect as the participants are ‘beltway’….so it would be hard to make a killing there

            I’m not convinced that the wider public / investment community does yet…

            But as Blip pointed out its not really in my incentive to ‘convince’ you of the attractiveness of the MRP offer….

            • One Anonymous Knucklehead 9.1.1.2.1.1

              Ah, so you don’t have the courage of your convictions. Or perhaps your previous assertions are simply bluster and bravado in the absence of anything substantive to say.

              As regards MRP you should probably consult with some other wingnuts – some of them are quoting your god Friedman on price controls.

              • Cant remember my last username

                You can be sure I will remind you in 6 weeks of my prediction above that there is a significant (and now increased) stag opportunity… don’t let the left / right wing divide stop you making money here.

                Imagine all the ‘good’ you could do with the proceeds!

                Would buy you a few cases of chardonnay at least!!!

  10. tsmithfield 10

    There are a number of fundamental flaws in this proposed system.

    1. Price controls don’t work. Lets assume that prices are brought down. This will then increase electricity demand which will in turn increase the need for more infrastructure, driving up prices again, or causing shortages.

    2. The unbrella organisation becomes another potential play-thing for future governments to rort taxpayers through inflated costs. There is nothing to stop future governments requiring higher dividends etc from the new organisation, so nothing changes.

    3. If Labour ever gets the chance to impliment this idea, then it is highly unlikely the umbrella organisation will ever use its power to regulate electricity prices. This is because it would not only reduce the dividend paid to shareholders, but also income to the government. Labour governments tend to be addicted to spending other people’s money, so I can’t see this happening.

  11. Cant remember my last username 11

    Brilliant – MRP will now list at a much lower price due to this uncertainty, then once it becomes obvious during the election process the Shearer is a hopeless case, and labour is subsequently defeated (thus cant implement this economic sillyness), the share price will increase dramatically and I will make a killing.

    Thank you Labour / Greens

    • Lanthanide 11.1

      Doesn’t really work like that, though. Because the uncertainty will be taking into account all of the same factors you mention. Effectively you’re betting that you are better at predicting the election outcome than the market is. Maybe that’s true. Then again maybe you’re just a blind ideologue.

      Also you should look into iPredict, where you can bet on the election outcome directly and potentially “make a killing”.

      • Cant remember my last username 11.1.1

        If you believe the market is pure and efficient then you are of course right (ironic that you arguing market efficiency given your likely left wing views)

        However, in a listing process the fund managers use any ‘negative’ news to beat down the price….this is that news.

        Have a look at what happened during the Fonterra listing and the price uplift after listing. The fund managers used governance issues to talk down the price – then brought as many as possible and made a ‘killing’

        In short the fund managers will use this to sc@w the government on price. As retail investors we can benefit on the coat tails of the fund managers

        Second, the NZ public (and market) isn’t yet exposed to Shearer during an election process….

        • Lanthanide 11.1.1.1

          Also remember that buying shares for the single purpose of capital gain is taxable as income.

          • Cant remember my last username 11.1.1.1.1

            In theory yes – in practise the IRD pretty hopeless in this space

            Interesting whether they use this listing as a trigger to police this more widely

    • “Cant remember my last username” – “and labour is subsequently defeated ”

      The latest Roy Morgan poll sez you’re wrong.

      But as I’ve said to TSmithfield and Gosman – no one will force you to accept cheaper power. You can take the discounted electricity from NZ Power, and pay the difference (the so-called “market” rate) to your powerco.

      I’m sure they’ll look forward to your monthly cheques; we’ll take the cheaper power; you’ll stay true to your neo-liberal beliefs – everyone is a winner!

  12. Bill 12

    If there is going to be 300kw per month per household at a cheaper rate that the norm then for possibly the first time across all schemes from home insulation to tax cuts, it would seem that there is actually something in all of this for people in my position. And not before bloody time either!

    • Lanthanide 12.1

      National lowered the bottom tax rate, so anyone earning a taxable income would have received a tax cut.

      I guess if you include the GST component it’s wiped out though. So fair cop on that.

  13. Oscar 13

    Excellent policy. Electricity should be a monopoly provided service.

  14. Pete 14

    Bloody hell, it looks like some Labour staffer has been reading my Standard comments:

    A thought occurs to me that a Labour government could set up a single wholesaler for electricity, creating a Monopsony. We already have a successful model for this in New Zealand with Pharmac. Competing power companies would have a greater incentive to undercut each other.

    -20 June 2012

  15. Peter 15

    Ok, my comments.

    1) This is bolder than I expected, so, mmm, words taste nice (I promised to eat them if Shearer came out with anything decent).

    2) It’s still got some inherent flaws, large ones. We have a failure of a complex system, which NZ Power tries to solve, by adding more complexity.

    3) Generators and retailers are often the same company. What this means, is that unless there’s another round of – yawn – power market restructuring, we’ll have the generating arms and the retailing arms conspiring to crush poor old NZ power in the middle. Hence, the Pharmac model doesn’t really apply (because the drug companies aren’t also NZ drug-using citizens!)

    So, it only really works if the long run aim of NZ Power is to actually acquire the 51% shares left in the SOEs, and to replace the SOE model. If so, then it’s a good trojan horse, otherwise, it’s a complex boondoogle that might work in the short term, but not the long term.

    So, Mr Shearer and Mr Norman, well done, but there’s still a wee way to go.

    • BM 15.1

      Yeah, wouldn’t it be easier just to say to the SOEs.
      Don’t charge so much for power.
      We own them or will majority own them, so why the need for all this extra complexity.

      • McFlock 15.1.1

        So the majority shareholder can issue instructions to directors to serve interests other than the interests of the company (i.e. make power affordable for poor people, rather than just maximise profits)? I.e. to the detriment of the other shareholders?

        I think not.

        • BM 15.1.1.1

          I must be missing something here.
          The NZ government/taxpayer owns the SOE, the SOE returns revenue to the government/taxpayer.

          The NZ government should be able to instruct the SOE at anytime to return less money,then the SOE can then sell it’s electricity at a lower cost and the savings can be passed onto the consumers.

          Why the need for another government department? also what happens to all the people employed on the retail side are they out of a job?

          • One Anonymous Knucklehead 15.1.1.1.1

            Can the majority shareholder legally issue instructions like that? I think the answer to that question maybe the thing you’re missing.

          • McFlock 15.1.1.1.2

            The NZ government should be able to instruct the SOE at anytime to return less money,then the SOE can then sell it’s electricity at a lower cost and the savings can be passed onto the consumers.

            Yes, but only if the government is the only shareholder.
            Otherwise directors have to work in the exclusive interests of the company, not the company’s consumers.

            • BM 15.1.1.1.2.1

              Ok gotcha, so once Mighty river power gets partially sold, the government no longer has any ability to control the price of power rising because to do so would be at the detriment of the company and would break some conditions.

              If that’s the case, that would be the sort of info I’d be putting out to the public if I was Labour.
              You’d probably find most think because the government still owns 51% they still get to control the prices and wouldn’t be particularly happy if they knew that wasn’t the way it works.

          • felix 15.1.1.1.3

            Yes BM, you’re missing the massive glaring fact that 51 is not a magic number.

            edit: yep, if you lot would all stop bleating “but 51%!!” like a flock of Dipton ewes that’d be a great help.

          • lprent 15.1.1.1.4

            You are confusing generation with retail. And have you looked at the ownership structure at Contact recently? Not exactly a SOE

      • ghostrider888 15.1.2

        i’m sorry to say BM, yet you appear to be off your oats today.

    • r0b 15.2

      You need to read the fine print Peter, there’s stuff in there about requiring structural separation of generation / retail.

      • Peter 15.2.1

        Yes, reading now, that pleases me more. We may yet have a shot in 2014, most people I know had almost given up hope.

        • r0b 15.2.1.1

          We’re all frustrated with the slow rate of change and the messy compromise that is politics. But Labour / Green is the only hope, and worth supporting – never give up!

          • Peter 15.2.1.1.1

            I’m mostly just frustrated with the leadership, as is almost everyone who isn’t in some way tied to Caucus. This policy shows at least that there is some thinking there.

  16. Raymond a Francis 16

    So where is Labour going to find the 300 million* this is going to take out of the Govt coffers

    *2 million households times $300

  17. karol 17

    The difference between the Green and Labour policies, according to Kate Chapman and Vernon Small, is that the Greens’ policy includes progressive pricing:

    At a joint press conference Green co-leader Russel Norman outlined a similar policy, although the Greens would introduce an element of progressive pricing.

    Norman said each household would receive a 300 kilowatt-hours block on which they paid only lines and normal retail costs.

    After that they would pay higher prices for additional power used. …

    While there were differences ”at the margin” such as over progressive pricing they believed they could negotiate a compromise.

    Labour’s finance spokesman David Parker said Labour was open to discussing progressive pricing, but there were issues of equity such as between different regions with different climates.

    • Bill 17.1

      Surely some form of progressive pricing is necessary as an incentive to use less electricity? And I’m puzzled by what Parker might be getting at as electricity companies already have a tiered system for high and low users. Selfish bstard that I am, I’m all in favour of receiving a highly discounted 300kwh per month. But then, that’s maybe because 300kwh is above my total monthly use. And I live in the colder south.

      edit. Just had a look through my account and for the 12 months May 2012 to April 2013 (inc) electricity costs were $815 compared to $590 for the 11 months of June 2011 through April 2012 (inc). So, if these reforms take me back to below my annual costs for 2011, then all fine and good. :-)

      • Colonial Viper 17.1.1

        Your power bill is less than $70/month :shock:

        • Bill 17.1.1.1

          Yup. And I curse the fact I can’t afford to install a wetback which would drop use by – oh I don’t know – somewhere in the region of 50% plus?

        • ghostrider888 17.1.1.2

          mine is approx the same (don’t have a computer for a START! ) :-D

      • geoff 17.1.2

        Bill, prices have been progressing for decades now and the data clearly shows that the demand has stayed consistent (~8000kWh per year) for the last 30 odd years. Try as we might, there is a certain amount of electricity that people need to use and therefore should be provided. Until we can all afford to build new solar passive houses, that usage is going to stay roughly at that level, all the price ‘incentive’ will do is make people poorer as they pay more and more for the same ~8000kWh of electricity every year.

        • Bill 17.1.2.1

          Sure. Except my usage (and others’) sits at under half of that. And, speaking just of my own situation, I live in a windswept 100+ year old villa in the south with only partial insulation.

          So, I need about 3500 – 3750 kWh per annum. (So 300kWh per month sits nicely :-) )And I have no solar/wind generation and the structure is a million miles away from being solar passive or whatever else. 8000 kWh per year? I wouldn’t even know how to use that much. Sheer decandence!

          • geoff 17.1.2.1.1

            That’s great for you Bill but your whole attitude sounds very much like the ‘I’ve got mine, everyone else can get knotted’ attitude that I’d expect from right-wingers, not you.

            Also how many people in your house? When I said 8000kWh per year I meant per household NOT per person, perhaps that is where our lines have got crossed?

    • geoff 17.2

      300 kWh is quite a small portion of the average household’s annual usage (~8000kWh)

      This may be ‘bold’ but will it allow the full benefit of manapouri power into the system or can it be gamed by the gentailers?
      If the whole system was nationalised then you could provide everybody a full ration (ie 8000kWh) per year for free (upgrades and maintenance paid for by taxes) and the country would be far better off.
      Good on the Greens and Labour but they really aren’t being brave enough for my liking.

  18. One Anonymous Knucklehead 18

    If it works, it shows how ridiculous Bradford and National’s policy was in the first place: when was the last time an extra layer of bureaucracy made something cheaper?!

    I don’t think they’ve gone far enough, but it’s a start. And good to see Labour and the Greens presenting a united front. An aside – by their acts ye shall know them: I’m unconvinced that stronger ties to the Greens represent a step to the right.

    • AmaKiwi 18.1

      One Anonymous Knucklehead

      “When was the last time an extra layer of bureaucracy made something cheaper?!”

      – Pharmac,
      – public schools and universities,
      – police,
      – NZ fire service,
      – public hospitals,
      – public libraries,
      – water supply and waste disposal
      – etc., etc.

      My question to you: “When did a private company ever NOT make as much profit as it could off its customers?”

  19. Draco T Bastard 19

    It’s a classic left wing / social democratic policy…

    No it’s not. It’s classic Third-wayism.

    A classic left-wing/social democratic policy would be to re-nationalise the grid and the generators.

    The market model has failed in the electricity sector.

    And yet the Greens and Labour are looking to market policies to fix it?

    Insanity is…?

    • felix 19.1

      +1

      More of the same from the grey men.

      • Colonial Viper 19.1.1

        Even a few drops of water tastes delicious in the middle of the neoliberal desert.

    • karol 19.2

      Yes the top down approach of this policy announcement bothers me.

      And I have an on-going concern about the Shearer-Norman partnership – both incline towards the neoliberal, and this is likely to be encouraged by working closely together.

      I am however, pleased to see that the Green Party policy puts particular emphasis on sustainability and development of renewables. The main way of combating the anti-sustainable impact of the profit motive, is to (bottom of p13- p14 of the Green policy):

      NZ Power will decouple the average price of electricity
      from the cost of running the most expensive power
      plant – because the price electricity companies
      receive will be set by long-term contracts, not by the
      spot price for the most expensive power plant in use,
      and the price to customers will be at the average cost
      to NZ Power, not the marginal cost.

      But then the next paragraph worryingly embraces the capitalist system:

      By facilitating increased retail competition, NZ
      Power should see new, innovative companies enter
      the market that will encourage and reward energy
      efficiency – for example, through improved use of
      smart meters and differential rates.

      • Matt 19.2.1

        Well as always the devil is in the details, but they would be wise to take a lesson from CAISO in California, which after the semi privatization debacle a dozen years ago (or as National likes to call it, “the future”) has proven to work well.

        http://www.caiso.com/

    • Te Reo Putake 19.3

      According to deep thinker Simon Bridges, this is in fact re-nationalisation and will lead to the Soviet Republic of NZ or some such twaddle.

      (sorry I can’t be more exact with the quote, but I heard it on the radio and I nearly laughed myself into a ditch).

      “Communism is socialism plus electricity” VI Lenin. If only we already had socialism, aye?

    • The Gormless Fool formerly known as Oleolebiscuitbarrell 19.4

      It is your wished for nationalisation Draco. Government requires the other party to sell its product to the government alone at a price determined by the government. This removes the need for the government to actually own the grid. Someone else is obliged to give the government (and no-one else) exactly what it wants at the price it wants. This is not lilly-livered third way. This is total state control.

      • Draco T Bastard 19.4.1

        Someone else is obliged to give the government (and no-one else) exactly what it wants at the price it wants.

        And still has the dead weight loss of profit in it, ergo, not full state control.

      • Colonial Viper 19.4.2

        Meh. Most of those generation assets were built and run by the Government any way. What’s your problem.

    • Draco T Bastard 19
      18 April 2013 at 2:31 pm

      It’s a classic left wing / social democratic policy…

      No it’s not. It’s classic Third-wayism.

      Baby steps, comrade, baby steps.

      Rule #1 – don’t spook the Middle Class punters.

      Remnember, we took back NZ Rail and Air New Zealand…. we’ll take back the rest, as well. That day will come.

      What we really, really need is a mechanism to ENTRENCH public ownership of our assets so that when the Middle Classes have a spasmodic rush of blood to their heads and vote National, that the Tories can’t then flog of these same assets all over again.

      There has to be some way to lock in public ownership – or make it so complicated to undo, that a three year term would be insufficient to achieve a single privatisation.

      If we can find that mechanism and implement it…

      • Salsy 19.5.1

        + infinity

      • Colonial Viper 19.5.2

        Baby steps, comrade, baby steps.

        Except the sum total of Right Wing Governments sprinting to the right and sorta-Left Governments taking baby steps to the left is…a continual slide into the neoliberalism we have now.

  20. Bill 20

    heh – Phil O’Reilly of Business NZ squawking to the sound of a penny dropping :-)

    A state-controlled sector as envisaged by Labour would drive out private investment. Why would the private sector invest in generators when the state can determine the prices they can charge, while subsidising state-owned competitors?

    The private sector power companies would have to seriously consider their future in the market. Those who have invested heavily would basically find their profits confiscated.

    http://www.scoop.co.nz/stories/PO1304/S00223/economic-vandalism-bureaucrats-not-competitive-markets.htm

    • ghostrider888 20.1

      oh dear, how sad…nevermind.

    • Colonial Viper 20.2

      Phil O’Reilly, looking out for SMEs who have been charged rentier power prices by the corporates….not

    • Colonial Viper 20.3

      Someone remind O’Reilly that NZ’s power infrastructure was built, paid for and run by the public sector without the need for profit extracting private shareholders.

    • Draco T Bastard 20.4

      Somebody tell mr Reilly that profit isn’t god given right.

    • Paul 20.5

      The louder they squawk, the more we know the policy is sound because it goes against their interests.
      It would be worthwhile not even bothering to argue the case too much with corporate puppets like ZB. Use Norman as the main spokesperson, but get every front bencher briefed to the max so everyone stays on the same message.
      Also best to do what Winston does here and speak to the punters around the country direct as much as possible. The elderly who will be affected the most can be connected through old school meetings.
      The young through the Internet.
      Bypass the corporate media wherever possible so that the message gets through their filter. It’s clear that they’ll throw every sort of propaganda and vitriole at this policy.
      Stick to the principles and be strong.

  21. tsmithfield 21

    This from Wiki on the stupidity of price controls.

    Notably:

    Nobel prize winner Milton Friedman said “We economists don’t know much, but we do know how to create a shortage. If you want to create a shortage of tomatoes, for example, just pass a law that retailers can’t sell tomatoes for more than two cents per pound. Instantly you’ll have a tomato shortage. It’s the same with oil or gas.”

    Also there is the often-cited example of Hurricane Hugo, where price controls proved to be disasterous in terms of hindering the recovery.

    Has Shearer been reading up on Muldoon lately?

    • r0b 21.1

      Blah blah blah. And then there’s the fact that in practice the price control model is working perfectly for the electricity sector in other countries – resulting in cheaper prices for consumers…

    • One Anonymous Knucklehead 21.2

      Yeah, sounds like a bad deal. I certainly wouldn’t want to own a power company, or even a share in one. How awful.

    • Bill 21.3

      Notably, would that be the winner of the ‘non-existent’ nobel prize for economics that was more or less invented by a central bank to cater to charlatans? Yup. Think it is.

      Every year since 1901 the Nobel Prize has been awarded for achievements in physics, chemistry, physiology or medicine, literature and for peace.

      In 1968, Sveriges Riksbank (Sweden’s central bank) established this Prize in memory of Alfred Nobel, founder of the Nobel Prize.

    • Draco T Bastard 21.4

      Did you notice the GFC? Yeah, Freidman basically said such a things couldn’t happen under his theory because the market would sort it all out before it got that bad. This delusion was propagated by other economists such as Ben Bernanke and Greenspan.

      Freidman also went to a great deal of effort to say that economics couldn’t be falsified completely removing all credibility from himself and economics as a whole.

      It’s not price controls that are the problem but the profiteering that the sociopaths think is their right.

      • Colonial Viper 21.4.1

        Yep. The economic lie of market place general equilibrium.

        • Zaphod Beeblebrox 21.4.1.1

          I can never work out why opponents of state intervention to provide for a fair and prosperous society always confuse economic with social theory. In this case a social good (power generation) has been hijacked for the benefit of a few wealthy beneficiaries at the expense of everybody else. The issue is who has the influence and who benefits. Not how we can create a perfect economic model- which IMO will never exist.

          • Colonial Viper 21.4.1.1.1

            The idiocy of orthodox economics is that they create all these nice mathematical economic models, and then expect real life to conform to their theoretical calculations. It’s backasswards.

            • Cant remember my last username 21.4.1.1.1.1

              A bit like socialism that created all these theoretical social constructs and then expected real people to conform……and ultimately led to brutal dictators to bring everybody into ‘line’ :)

              • Colonial Viper

                Uh, except the political economy of centralised authoritarianism and military juntas has nothing to do with socialism or even communism. Remember, the Soviet Union was a properly communist state for…a couple of months at the start.

                • Cant remember my last username

                  I disagree – communism always starts out with pure intentions but pretty much always morphs into “centralised authoritarianism or military junta’s” as these needed to control the populace to implement communism…its the flaw of communism, its unsustainable (along with being hideously inefficient in allocating resources)

                  Hence my point above re theoretical constructs and the real world!

                  • Pascal's bookie

                    I’m pretty unconvinced by this construction actually.

                    I’m no fan of any communist regime you care to point at, don’t get me wrong, but tying their faults down to ‘communism’ is a stretch.

                    More likely is that their faults stem from being revolutionary regimes who took power via the gun, and face guns in attempting to hold power.

                    You don’t see these things in western liberal leftist parties and organisations that are committed to democracy.

                    Obviously none of these western parties have managed to introduce communism, even when they desired to, but equally no western right wing parties have managed to re-introduce the sort of ‘free market’ capitalism that existed prior to marxist thought. In order to do so, they would need to resort to the same “centralised authoritarianism or military junta’s” that communists would need.

                    So I don’t think it’s *those* theories that are the determinants.

                    • Cant remember my last username

                      It’s a chicken or egg argument (what comes first the communist or the gun!)

                      Is the reason communism doesn’t work that it always implemented by guns or is the only way it can be implemented (and maintained) is via guns?

                      Either way my construct holds.., it doesn’t survive the real world (without guns!)

                      Agree with you capitalism analogy. it’s a good counter. though from my travels in Eastern Europe the best method to implement hard core free market capitalism is to get rid of ‘gun protected’ communism!

                    • Pascal's bookie

                      “It’s a chicken or egg argument (what comes first the communist or the gun!)”

                      Not really. Most “communist” regimes that people can point to came about via revolutions against despotic regimes.

                      The point is that it isn’t ‘communism’ that requires guns and oppression. It’s ‘non-pluralism’.

                  • Draco T Bastard

                    I disagree – communism always starts out with pure intentions but pretty much always morphs into “centralised authoritarianism or military junta’s”…

                    Just like this government is going for with it’s new GCSB rulings?

                    The flaw you describe has nothing to do with communism and everything to do with hierarchy which is why we see the same flaw in Western ‘democracies’. Capitalism is inherently hierarchical and authoritarian – they’ve just learned to hide it better.

                    How do you tell a communist regime? It has participatory democracy.

                    There has not been a communist society except possibly the 1871 Paris Commune which Marx liked better than Marxism (Marx, by his own words, wasn’t a Marxist) and that purported to be anarchist.

                    • Cant remember my last username

                      Lets agree to disagree – too late for me to be arguing the semantics of political definitions…thanks for the debate though was insightful and fun

                    • Bill

                      I lived in a communist society. No heirarchy. No patriarchy. (And no-one considered themselves to be communist, anarchist or any such like.) It was small. But then what is society beyond everyday social contacts that weakens beyond the bounds of everyday conatct? Nothing. Society is precisely determined by social contact.

                      This small city I live in has thousands of societies perverted and twisted and squeezed by the homogenising efforts of the NZ state…its bureacracies and laws and norms….

            • Huginn 21.4.1.1.1.2

              The idiocy of orthodox economics is that it’s too stupid to use all these really useful and practical mathematical models that the nice engineers have made.

    • Huginn 21.5

      Raise your game, buddy.

      http://www.epoc.org.nz/

    • Mike S 21.6

      If the devil existed, one of his human forms would be Friedman.

  22. Wisdumb 22

    Brilliant brilliant brilliant and great credit to all who put it together.

    What I like is that by introducing two simple mechanisms:

    a) A single buyer in between the generators and retailers (and it’s much used overseas and not radical) and
    b) An Average Present Price model to replace the dysfunctional Long Run Marginal Pricing mechanism –

    it will skewer the gentailer oligopoly, generator gaming of the wholesale market, and the false price rises of the domestic market.

    And so elegant – no awkward buying back of bloated MOMs and their wastefully duplicated offices, PR, advertising, and administration fluff, but yet no extra new hierarchy – NZ Power will merely replace the existing MCo or NZX or whatever it is called these days. Then I see the whole false synthetic fake competition model come tumbling down in due course because there will be no super profits to be made ripping off the consumer so no way to pay for the excesses of the present electricity market, so no reason for separate organisations to exist.

    The fat arse shiny tail arrogant entitled directors and CEOs on million dollar salaries can go hang .

    And last but not least let’s not forget that Doug Heffernan is being given a $500,000 bonus to float Mighty River on top of his million dollar plus salary yet he is resigning in August. (If is it next year it is still obscene.)

  23. hoom 23

    Hurray!

    A true change to the electricity market to fix the current ludicrous ‘race to highest price’ system.

    With Kiwibuild & other already released policies this is the final plank in place for a policy platform that people can really vote for rather than just ‘National lite’.

  24. Saarbo 24

    This is a brilliant policy!!!

    Lets be clear, this is not only great for domestic consumers, I worked for a large electricity user in the early 2000″s, we purchased directly from the wholesale market. During the droughts in the early 2000″s our monthly electricity expense went up from $400k to $2m. It kind of fucks up your profit projections.

    There is no logic in the way the electricity market works…its a massive balls up. Hodgson was in charge of energy at the time and like National, Labour at the time were more interested in collecting the massive dividends this fucked up market produced rather than providing businesses with fair electricity prices.

    Great policy, the electricity market is flawed, this is a win for everyone except government coffers…in the end of the day electricity should not be used as a quasi tax, which is what it is being used for now.

    Brilliant Greens and well done Labour, maybe you are finally getting your shit together.

    One tip to Shearer, make sure that you understand every little financial detail of this policy, dont fuck it up like you did with the Housing Policy. As Leader you have to understand every detail…dont rely on your Finance Minister. The media are out to get another “show me the money” moment out of Labour…

    • karol 24.1

      Yes about the policy – not as left as I’d like, but better than anything the NAct government is doing.

      Also, I still don’t have any trust in Shearer’s leadership, for diverse reasons. Grant Robertson led the charge on power in the House today and he did a pretty good job. Of course, being a Thursday, the leaders/PM usually are elsewhere.

      I’m not totally a Robertson fan, but he seems a safer pair of hands to me.

      • Saarbo 24.1.1

        I agree Karol, I’ve moved to the Greens….personally still a Cunliffe fan (have been watching his recent speeches in the Revenue area) but next choice is Turei/Norman.

        I just hope that Shearer doesn’t stuff this up for the Greens.

        • ScottGN 24.1.1.1

          Shearer did pretty good on Checkpoint.
          Robertson did well in the House today as well.
          Timing-wise this is good stuff from Labour/Greens. I live in the south and those winter power bills are just around the corner.

      • tinfoilhat 24.1.2

        I don’t trust the Labour party as far as I could spit them…. vote Green.

  25. Santi 25

    Labour gone mad. Fatal mistake which will cost then another three years in opposition.
    Lead by the foolish Greens the once proud Labour party is now a sad caricature of its former self.

    • r0b 25.1

      Thanks for your “concern” Santi.

    • Cant remember my last username 25.2

      Maybe – depends how the media portray it, as the majority of the population wont understand the finer economic arguments

      Will the MSM report it as :
      1) economic sabotage / socialism by stealth / a hypocritical cynical attempt to torpedo the asset sales, a signal to international investors that NZ deserves a high risk premium, or
      2) a genuine attempt to relieve the financial pressure on struggling NZ’ers

      Sadly for labour, the person that needs to sell the policy as the later is a bumbling fool, so suspect it will be the former!

      • Saarbo 25.2.1

        Agree…and National have become adept at the soundbite of bullshit that the modern media love. It doesnt seem to matter what crazy bullshit Joyce or Bridges are saying, the media will publish or broadcast it.

  26. Red Rosa 26

    Clear panic from the Nat MPs on TV3 tonight. Policy compared to Albania, North Korea….

    What about California? The Stalinist Sunshine state? Hilarious. Those with long memories will recall the Enron criminals, hardly a great example of deregulation.

    Name it Powerac..brilliant parallel to Pharmac!

    • karol 26.1

      Surprisingly positive comments from Corrin Dan on TV One – also focused on the fact that the share pricces for MRP took a hit and spooked the market – but positive about the policy for people struggling to pay the bills.

      Buuut… what on earth was David Parker doing standing there silently beside Shearer, staring at the camera?! Creepy!

      • Anne 26.1.1

        Yes… he looked like he was trying to cuddle up to Shearer. Which is what we know he has been doing – albeit in a non physical way.

        Who is Labour’s spokesperson for energy issues. He/she is the one who should have been there.

        • Anne 26.1.1.1

          Oh I see… it’s Moana Mackey. She supported David Cunliffe at the time of the leadership contest. Was demoted to backbench along with Cunliffe and most of his other supporters.

          I guess that explains why she was not there…

          • Colonial Viper 26.1.1.1.1

            *Groan*

          • Mike 26.1.1.1.2

            From what I heard Moana has been deeply involved in developing this policy

            • Anne 26.1.1.1.2.1

              That makes it worse then. I agree with karol. It looked silly. Why was Parker even there? Norman didn’t have a side-kick. But of course Norman doesn’t need a minder?

    • MrSmith 26.2

      “Clear panic from the Nat MPs on TV3 tonight. Policy compared to Albania, North Korea….”

      Unfortunately Key has turned NZ politics into a second rate comedy now, so the public tend to listen only to the jokes and jokers, but a clear sign the water is rising and they don’t have a tree to climb.

  27. millsy 27

    Well.

    While it was below what I wanted it was above what I expected.

    The NZ Power concept is, with a few tweaking, a work of genius, and will take a lot of pressure off households, and it might just persuade me to vote for Labour in ’14.

    The only losers are those who want to make money from poor people who struggle to pay their power bills, the sooner we ram this law through (at gun point), the better.

    • Colonial Viper 27.1

      The NZ Power concept is, with a few tweaking, a work of genius, and will take a lot of pressure off households, and it might just persuade me to vote for Labour in ’14.

      Or the Greens, who have the same policy but are pushing for progressive pricing based on amount of power used ;)

  28. Herodotus 28

    Have not read anything regarding ets and the proposed tax that was to apply to power generation?
    So this $300 pa savings is including or excluding any ets charges?
    http://tvnz.co.nz/national-news/emissions-scheme-drives-up-energy-prices-3566996
    http://www.odt.co.nz/news/dunedin/113165/ets-will-affect-every-part-economy-expert
    I hope that this is not a case of an Indian Giver

  29. RedLogix 29

    I’ve linked to this very early Steven Keen paper several times before; but it’s entirely appropriate to point to it again:

    Abstract
    The economic theory that motivated the deregulation and privatization of the US electricity industry is seriously flawed in three crucial ways. First, the Marshallian theory of the firm is based on two mathematical errors which, when amended, reverse the accepted welfare rankings of competitive and monopoly industry structures:on the grounds of corrected neoclassical theory, monopoly should be preferred to competition.

    Second, while proponents of deregulation expected market-clearing prices to apply, it is well known that the equilibrium of a system of spot market prices is unstable. This implies that imposing spot market pricing on as basic an industry as electricity is likely to lead to the kind of volatility observed under the deregulation.

    Third, extensive empirical research has established that on the order of 95% of firms do not produce under conditions of rising marginal cost. Requiring electricity firms to price at marginal cost was therefore likely to lead to bankruptcies, as indeed occurred. The economic preference for marginal cost spot market pricing is therefore theoretically unsound, and it is no wonder
    that the actual deregulatory experience was as bad as it was.

    The paper dips into a spot of differential equations at a few points but the text is perfectly plain and readable.

  30. Karl Sinclair 30

    Ok NZ Power, good try but your still letting profits flood overseas. What your doing is a paliative cliche regardless (you might even be dropping the share price as a result of your announcement…..who does that work in favour for). Oil will run out…where do the wide boys go to next… renewables…….

    Im for NZ owning its assests, if you start to look at the future, you relaise there is big money to be made or saved………….
    1.
    Quote from:
    http://www.carbonbrief.org/blog/2013/03/energy-return-on-investment-which-fuels-win

    The feature in Scientific American compiles a range of sources to look at which energy sources provide the most energy compared the the amount of energy it takes to extract them – called their energy return on investment (EROI). We take a look at the returns different fuels offer – and examine some other considerations to take into account when choosing how to meet energy demand.

    This infographic puts hydroelectricity and wind, above coal solar, natural gas and nuclear

    2. A conference in Wellington has been told how the deck is stacked against wind energy thanks to global subsidies for fossil fuels and nuclear energy.
    http://www.radionz.co.nz/news/business/131042/deck-stacked-against-wind-energy,-conference-told

    3. http://web.mit.edu/sloan-auto-lab/research/beforeh2/files/Cunningham_BS_thesis_2009.pdf The introduction and relatively quick adoption of hybrid technology in the United States and
    the longer term growth of diesel technology in France provide baselines by which one can
    anticipate the annual growth rates needed to place significant numbers of BEVs on US roads
    and highways by 2020. In order to meet midlevel projections of 2020 BEV production rates,
    consistent annualized growth rates in excess of 30%, and quite possibly in the range of 45-50%,
    will be required over the next decade. These growth rates will be of the same magnitude as the
    growth rate of hybrid vehicles in the United States between 2000 and 2009. These BEV growth
    rates will be well in excess of the 9% to 11% annual growth rate of diesel vehicles in France
    which was consistently maintained between 1970 and 2005. That transformation saw diesel
    market share grow from less than 1% to 47% of light vehicle sales, but that required much less
    technical innovation than a transition to BEVs will necessitate. Due to the non trivial change in
    driving habits that BEVs will require from their owners, as well as the current lack of
    infrastructure to support large scale fleets of BEVs, the BCG Scenario 2, BCG Scenario 3, and
    Deutsche Bank production projections could be seen as highly optimistic. Even if CO2 emission
    reduction becomes an increased priority at the federal, state and local levels and oil prices
    return to $150 per barrel levels, the automotive industry will have to change its product
    portfolio from gasoline and hybrid powertrains to BEVs at a very quick rate. Finally, industrywide
    concerns over the production of automotive scale Li-ion battery packs, and the rate at
    which their production can be increased, has the potential to slow growth rates in the near
    term as well. While BEVs may indeed hold the key to long term CO2 emissions reductions, the
    timescale on which their impact will be felt could be significantly longer than is currently
    forecast.

  31. RedBaronCV 31

    I like the idea of a drop in power prices at the low end of consumption and if the Greens want to price progressively that will be even better. Power is a solid part of low income and beneficiary costs so this sort of social dividend is anti-regressive. Means low income people are more comfortable and the govt isn’t hiking benefits and old age pensions so that power profits can then go overseas. and if you want a heated swimming pool and 30 downlights well I guess you pay more for the privilege.

  32. Llyd 32

    Anyone who thinks neoliberalism, if taken to its ultimate economic conclusion of a handful of people possessing all of the money in the economy, won’t result in military juntas and bloodshed is a sad dreamer.

  33. Akldnut 33

    When National get back in they’ll just be selling shares in NZ Power.

  34. burt 34

    If Muldoon were still alive he would be so proud of the Labour and Green parties for this kind of thinking.

  35. kiwicommie 35

    Electricity Nationalization is ‘stalinist’ and only Venezuala did it, ORLY? xD
    http://en.wikipedia.org/wiki/Tennessee_Valley_Authority
    “TVA’s service area covers most of Tennessee, portions of Alabama, Mississippi, and Kentucky, and small slices of Georgia, North Carolina, and Virginia. It was the first large regional planning agency of the federal government and remains the largest. Under the leadership of David Lilienthal (“Mr. TVA”), TVA became a model for America’s governmental efforts to seek to assist in the modernization of agrarian societies in the developing world.[1]”

    “Type Government-owned independent corporation
    Industry Electric Utility
    Founded May 18, 1933
    Headquarters Knoxville, Tennessee, U.S.
    Key people Bill Johnson, CEO
    Revenue $11.26 billion USD (FY 2009 ending September 30, 2009)
    Operating income $1.97 billion USD (FY 2009)
    Net income $726 million USD (FY 2009)”

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    Greens | 31-10
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    Greens | 31-10
  • Feed the kids members bill
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    Greens | 31-10
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    Labour | 31-10
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    Labour | 31-10
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    Labour | 30-10
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    Labour | 30-10
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    Greens | 30-10
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    Labour | 30-10
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    Greens | 30-10
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    Labour | 30-10
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    Greens | 30-10
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    Greens | 30-10
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    Greens | 30-10
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    Labour | 30-10
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    Labour | 30-10
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    Greens | 30-10
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    Greens | 30-10
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    Greens | 29-10
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    Greens | 29-10
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    Greens | 29-10
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    Greens | 29-10
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    Labour | 29-10
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    Greens | 29-10
  • TVNZ Outsourcing Pasifika and Maori Programmes
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    Greens | 29-10
  • Labour urges iwi leaders to meet with National
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    Labour | 29-10
  • ACC’s reputation needs fix, not glitz
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    Labour | 29-10
  • Lessons to be learned from police investigation
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    Labour | 29-10
  • Anti-worker legislation is anti-Pacifica
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    Labour | 29-10
  • Five-year tax holiday for overseas tax dodgers
    National has just gifted a five-year tax holiday for foreign companies dodging their tax payments, says Revenue spokesperson David Clark. “Todd McClay has pretended he is doing something about overseas companies dodging their tax duties by joining an international initiative...
    Labour | 29-10
  • Traffic Jam Tax must be given the red light
    Auckland Council’s proposed Traffic Jam Tax could cost some households thousands of dollars a year just to use roads they had already paid for with their taxes and must be rejected, says Labour’s transport and Auckland Issues spokesperson Phil Twyford....
    Labour | 29-10
  • National has chance to show leadership on limos
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    Greens | 29-10
  • The Māori Party can’t have it both ways over labour laws
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    Labour | 29-10
  • Equal pay and the aged care sector
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    Greens | 29-10
  • Court case perfect opportunity for Government to improve gender pay gap
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    Labour | 28-10
  • All Auckland transport options should be considered
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    Greens | 28-10
  • Another report highlights Govt failure on child poverty
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    Greens | 28-10
  • Address and Reply Debate Part 55: Inequality and Disability
    I rise on behalf of the Green Party to talk about inequality and disability.The recent census showed that nearly one in four New Zealanders lives with a disability—up from one in five in the previous census. These figures include some...
    Greens | 28-10
  • Address and Reply Debate Part 55: Inequality and Disability
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    Greens | 28-10
  • Child poverty: No more wake-up calls
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    Labour | 28-10
  • Eugenie Sage speaks in the 2014 Address in Reply Debate
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    Greens | 28-10
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    Greens | 28-10
  • Govt airs real views on public broadcasting
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    Labour | 28-10
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    Labour | 28-10
  • Solid Energy decision delay sensible
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    Labour | 28-10
  • New York Green Bank off to a $1B start
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    Greens | 28-10
  • GUEST BLOG: Blockade the Budget
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    The Daily Blog | 30-10
  • When National claim new anti worker laws provide ‘flexibility’ they mea...
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    The Daily Blog | 30-10
  • City Transport: A Taxing Matter
    This week the prospect of paying tolls on Auckland motorways became a hot topic. (See Mathew Dearnaley:Motorway tolling could hit some hard, NZ Herald, 30 Oct 2014.) As we might expect, the kneejerk response has been quite negative. But, as with...
    The Daily Blog | 30-10
  • Open Letter to Amy Adams: Please Reopen The Review Into Sexual Violence Cou...
    Ms Amy Adams, Justice and Courts Minister, Right now in this country it seems that although rape is illegal, it is not being prevented by the agents who uphold the law. It almost feels like rape is only illegal on paper,...
    The Daily Blog | 30-10
  • MEDIA WATCH: Does ‘No-Surprises’ Also Apply To TVNZ News?
    When you stand back and look at NZ media outlets, most of them have at least one or two people who attempt to hold the government to account: John Campbell on TV3, Guyon Espiner and others at Radio NZ, David...
    The Daily Blog | 30-10
  • Things That Make You Go Hmmmmmmm
    Every so often in politics, a public figure comes out with something so absurd and so outlandish … that it really does just make you go “Hmmmmmmmmmm”. We’re accustomed to this from certain quarters – by mid point through the...
    The Daily Blog | 30-10
  • Poverty & inequality don’t need protest marches – they need a riot:...
    The global level of inequality continues to skyrocket… Number of billionaires doubled since financial crisis The number of billionaires has doubled since the start of the financial crisis, according to a major new report from anti-poverty campaigners. According to Oxfam,...
    The Daily Blog | 30-10
  • If Key knows who Rawshark is…
    I’m sorry, what? John Key ‘given Rawshark’s name’The Prime Minister believes he knows who hacked Whale Oil blogger Cameron Slater’s computer and produced the source material for Nicky Hager’s Dirty Politics, according to a new edition of a recently published...
    The Daily Blog | 30-10
  • Child Poverty stats in NZ
    Child Poverty stats in NZ...
    The Daily Blog | 30-10
  • Crimes Act + Police Investigation = WTF
    Just to frame the farce that is the Roastbuster’s investigation and conclusion – here are the parts of the Crime Act http://www.legislation.govt.nz/act/public/1961/0043/latest/whole.html#DLM329057  the Roastbusters are proven to have violated – that the police (and some suspects!) themselves acknowledge occurred: Crimes...
    The Daily Blog | 29-10
  • Publishing Journalists’ Home Addresses Is A Tactic Of The Right, Not The ...
    I think I’m starting to get rather annoyed with the conduct of some pro-MANA people over this ongoing Parliamentary Services crew complement issue. Yes, we get that there are legitimate issues to be raised with how some political reporters in...
    The Daily Blog | 29-10
  • Aucklanders caught between a tarseal-addicted government and a weak mayor
    Len Brown’s proposal for motorway tolls to reduce congestion and provide funding for better public transport is a weak response to a critical issue. The $12 billion dollar shortfall on transport funding he talks about is mainly for projected new...
    The Daily Blog | 29-10
  • A Very Weird Story: Deconstructing Darren Aronofsky’s Noah.
    NOAH is a curious movie. Conceived as a biblical epic, it’s target audience was originally the millions of Americans who regard the Bible as God’s inerrant word. With the sin-filled works of Hollywood forbidden to these true-believers, Christian movie-makers have developed...
    The Daily Blog | 29-10
  • You Can Get Away With Rape In New Zealand
    Jessie Hume with last years petition against rape     The police have sent a strong message today.  In fact they’ve been sending a strong message for a while; a message that our government supports. “You can literally get away...
    The Daily Blog | 29-10
  • Roast Buster case – no charges. In the immortal words of NWA…
    Roast Busters case: No prosecutions Police are to make an announcement this afternoon on Operation Clover, the investigation into the “Roast Busters” allegations. The Herald understands the victim has been told that the alleged offenders will not be prosecuted due...
    The Daily Blog | 29-10
  • Key’s flag change distraction to cost $26million!
    No. Way. Bid to change NZ flag to cost millions The cost of holding two referendums and consulting on a change of flag has been estimated to be just under $26 million. Look. We all appreciate that the sleepy hobbits...
    The Daily Blog | 29-10
  • Why NZ Herald’s Labour Party crocodile tears are so audacious
    The front page the NZ Herald would use if they thought they could get away with it No one can take the recent columns by NZ Herald seriously… John Armstrong: Shadow lingers on National John Roughan: Labour’s leadership vote matters...
    The Daily Blog | 28-10
  • The beginning of the end of Cameron Slater?
    Slater postings on man bizarre, court told A businessman has changed his appearance and had to install extra security at his home after Whale Oil blogger Cameron Slater posted his business and personal documents online, he says. Mr Slater has...
    The Daily Blog | 28-10
  • We are a milk power republic and Fonterra our unelected senate
    Wow. Just wow… Deputy mayor says he’ll be sacked South Taranaki deputy mayor Alex Ballantyne says he expects to be sacked because he has spoken out about the impact gasses coming from dumped Fonterra dairy products have had on his...
    The Daily Blog | 28-10
  • MEDIA WATCH: “…But *actually* this is about ethics in political-game jo...
    Yesterday, a piece of mine on the recent revelations about Hone Harawira employing several gentlemen either accused or convicted of sex offences was published on The Daily Blog. Predictably, given the fierce loyalty which Hone inspires in his party faithful and...
    The Daily Blog | 28-10
  • Privilege cheque
    There was no race problem in my childhood. Living in central Wellington I was well-insulated from what was going on not so far away. This was the 60s and 70s, where the teachers enjoyed free love in the staff room...
    The Daily Blog | 28-10
  • A brief word on Key’s claim that it will be raining carnage
    Isis will ‘rain carnage on the world’ – John Key Left unchecked Isis would “rain carnage on the world”, Prime Minister John Key says, but he has yet to make a decision on whether New Zealand troops will join a...
    The Daily Blog | 28-10
  • Meanwhile…
    ...
    The Daily Blog | 27-10
  • How does Andrew Little win Labour Leadership and unify the caucus?
    Audrey Young’s excellent column on how the Caucus vote  is shaping up shows how Andrew Little becomes the next leader of the Labour Party. She identifies the factions as the following… Andrew Little 6: Andrew Little, David Cunliffe, Iain Lees Galloway,...
    The Daily Blog | 27-10
  • GUEST BLOG: Joe Trinder – Right of response to Curwen
    You have asked that Hone Harawira deserves to explain what happened, how would he explain when his next door neighbour is an alleged sex offender. What explanation can Hone offer he wasn’t involved, Hone had no idea this offending was...
    The Daily Blog | 27-10
  • MEDIA WATCH: That Hella-Weird Feeling When You Defend Tova O’Brien
    Oh dear. Yesterday morning I blogged that Hone deserved a chance to explain what exactly had happened as applies his office’s Parliamentary Services crew complement – and, importantly, that we deserve to be able to judge him on the strength of...
    The Daily Blog | 27-10
  • Canadian Green MP warns against harsh anti-terror measures
    Canada’s Green Party has provided a welcome counterpoint to Prime Minister Harper’s call for tougher anti-terrorism laws in the wake of a soldier outside the Canadian Parliament. On October 22, while she was still locked in her parliamentary office, Green...
    The Daily Blog | 27-10
  • When is an asset sale not an asset sale? When it robs from the poor and ste...
    National have turned state housing on its head. At no time during the 2014 election did the Key Government even hint that they were going to privatise 30% of the Housing NZ stock of state homes. Not once. Key even...
    The Daily Blog | 27-10
  • Housing; broken promises, families in cars, and ideological idiocy (Part To...
    . . Continued from: Housing; broken promises, families in cars, and ideological idiocy (Part Rua) . Bill English comes clean on National’s intentions for HNZ privatisation . On 14 October, in a report on The Daily Blog, I wrote, In...
    The Daily Blog | 27-10
  • The Questions Have Been Asked – They Deserve An Answer
    A few days ago, allegations that had been percolating for some time about Hone Harawira employing three either accused or convicted sex offenders on his Parliamentary pay-roll came to light. (one imprisoned before working for MANA; one who found himself convicted and...
    The Daily Blog | 26-10
  • I have seen one future, and it is bleak
    . . Back in  March 2012, I wrote this story regarding a march to support striking workers at Ports of Auckland. It appears there was some prescience about some of my observations at the time… . | | 18 March...
    The Daily Blog | 26-10
  • US air strike war Key wants us in has killed a civilian a day so far
      The US air strike war that John Key wants us to join has killed a civilian a day so far. From the Washington Post... The United States launched its first airstrikes on militants in Syria on Sept. 23, and has continued...
    The Daily Blog | 26-10
  • The instant Jihad syndrome
    My favourite new term is ‘self-radicalised’ – it suggests the reasons for terrorism are totally divorced from the actions of the West. This need to suddenly ramp up terror laws because of lone wolf, self-radicalised Jihadists seems convenient and counter-productive....
    The Daily Blog | 25-10
  • We have nothing to fear from Ebola but fear itself
    I suspect most Americans perceive Ebola like this   I can’t work out if the fear being spread within the media about Ebola is deliberate or just ignorance. Yes Ebola is a terrible plague that kills a large percentage of...
    The Daily Blog | 25-10
  • GUEST BLOG: Anjum Rahman – “Meritocracy? I wish.”
    I’d like to start by linking to a post I had published at another site in support of Nanaia Mahuta for the Labour Party leadership election.  She has a reasonable chance, given that she already has the endorsement of Te...
    The Daily Blog | 25-10
  • Chocolate milk shortage and creepy Santa? Let’s talk about real news
    Child poverty is still a scarily serious problem in this country and house prices are soaring through the roof to the point where it is simply impossible for the average New Zealander to buy a home. There is also little...
    The Daily Blog | 25-10
  • It’s time to celebrate Kiwi schools and teachers
    Some would have you believe that New Zealand’s schools are in a state of collapse, that your children are not being educated well and that things are going to hell in a hand basket.  That there is no innovation, no...
    The Daily Blog | 25-10
  • Ideological Blitzkrieg – Privatization of state housing, more charter sch...
    Pundits in pundit land will tell you that this Government is boring, that Key is the great pragmatist and that it is his ability to create elegant solutions that keeps him the firm favourite in many Kiwi eyes. This ability...
    The Daily Blog | 24-10
  • Hegemony rules but resistance is fertile
    The Prime Minister is a puppet. Not just our current Prime Minister, but given the forces of multinational globalisation, the role of any head of state, is less as independent actor, and more as a puppet of international trends and...
    The Daily Blog | 24-10
  • An open Letter to Sir Bob Jones: demanding a ‘liveable wage’ is not “...
    How out of touch with reality is Sir Bob Jones? You know, that white dude who invested in privatised SOEs after the selling off of our assets in the eighties and made a ludicrous and disgusting amount of money and is...
    The Daily Blog | 24-10
  • My insecurity about the Security Council
    As I write this (on 24 October) it is international UN Day. Of course, you all knew that already, right? Well, the day celebrates the entry into force of the UN Charter in 1945. With the ratification of this founding...
    The Daily Blog | 24-10
  • GUEST BLOG: Catherine Delahunty – Back in That House
    Parliament opened this week and I still find it a very odd place. Most of the people are reasonably courteous and friendly, but the rituals are archaic and the rules around issues like the swearing in oath are oppressive and...
    The Daily Blog | 23-10
  • Marae Investigates No More
    TVNZ yesterday announced the closure of their Māori and Pacific programmes department. That means they’ve chosen to stop making Fresh, Tagata Pasifika, Waka Huia and Marae Investigates to let independent producers get their hands on these lucrative contracts. This is...
    The Daily Blog | 23-10
  • BLOGWATCH: An Un-Civil War in Labour, eh?
    Earlier today, my attention was directed to an entry that’s just recently appeared on the Slightly Left of Centre blog. It purports to contain the ‘inside word’ from a highly placed NZF source – which is funny, because I’m pretty sure...
    The Daily Blog | 23-10
  • Santanomics 101
    Santanomics could mean a number of things. It could be the study and practice of giving. Or it could mean the study and practice of rampant end-of-year commercialism. However, for me today it is the economics of erectingAuckland’s giant Santa...
    The Daily Blog | 23-10
  • SkyCity boss misleads public over workers lost shifts
    SkyCity CEO Nigel Morrison has defended the employment practices at his company in an “Opinion” piece entitled “Human Capital key to corporate success” in the NZ Herald on Thursday. A number of his claims are misleading, contain only partial truths...
    The Daily Blog | 23-10
  • Review: Perfect Place
    I went to a Perfect Place on Tuesday night, and what a delight it was. The marshmallows sweetly (and forcefully) handed out pre-show, set the tone for the next hour. Walking up the stairs at The Basement was a complete...
    The Daily Blog | 23-10
  • 5AA Australia – NZ on UN Security Council + Dirty Politics Lingers On
    5AA Australia: Selwyn Manning and Peter Godfrey deliver their weekly bulletin Across The Ditch. General round up of over night talkback issues: Thongs, Jandals and flip-flops… ISSUE 1: New Zealand has been successful in its campaign to become a non...
    The Daily Blog | 22-10
  • When I mean me, I mean my office & when I call whaleoil I mean not as m...
    This. Is. Ludicrous. Green Party co-leader Russel Norman put the first of what are likely to be many questions about Mr Key’s relationship with Slater, asking him how many times he had phoned or texted the blogger since 2008. “None...
    The Daily Blog | 22-10
  • A brief word on describing the Government as ‘boring and bland’
    The narrative being sown is that this Government will be a boring and bland third term. Boring and bland. Since the election, Key has announced he is privatising 30% of state houses without reinvesting any of that money back into housing society’s most...
    The Daily Blog | 22-10
  • Roast Busters: Turn Indignation into Action
    People raged about the Roast Buster case. The indignation was justified – it was horrible. “Where were their parents!?” Fair question. I am sure the Roast Busters’ parents and the victims’ parents all wish they had been more proactive in...
    Scoop politics | 31-10
  • Stats NZ only have themselves to blame for postponement
    The Public Service Association (PSA) says Statistics NZ only have themselves to blame for the indefinite postponement of the release of the Food Price Index: November 2014....
    Scoop politics | 31-10
  • NZ Diversity Survey – benchmarking workplace diversity
    AUT University’s New Zealand Work Research Institute (NZWRI) has released a report on diversity in New Zealand workplaces....
    Scoop politics | 31-10
  • Māori Language (Te Reo Māori) Bill
    Tutehounuku Korako, Chair of the Māori Affairs Committee, is inviting further public submissions on this bill. The closing date for submissions is Friday, 5 December 2014....
    Scoop politics | 31-10
  • ERA amendments a mixed bag
    The Employment Relations Amendment Act has the potential to put vulnerable workers in a more precarious position, says Equal Opportunities Commissioner, Dr Jackie Blue. However, the commissioner says the right for all to request flexible work hours is...
    Scoop politics | 31-10
  • Sensible Sentencing calls for appeal of judicial activivism
    The Sensible Sentencing Trust is appalled that Justice Jill Mallon has today refused to apply the Life without Parole (LWOP) provisions of the Three Strikes law as enacted by Parliament....
    Scoop politics | 31-10
  • Global Rally against ISIS – for Kobanê – for Humanity, Nov 1
    The New Zealand Kurdish Community will march in solidarity with Kurdistan as part of the “GLOBAL RALLY AGAINST ISIS – FOR KOBANÊ – FOR HUMANITY” on 1 November 2014, 2pm....
    Scoop politics | 31-10
  • Does ‘No-Surprises’ Also Apply To TVNZ News?
    When you stand back and look at NZ media outlets, most of them have at least one or two people who attempt to hold the government to account: John Campbell on TV3, Guyon Espiner and others at Radio NZ, David...
    Scoop politics | 31-10
  • Safer roads are better for everyone
    Recent pedestrian versus vehicle incidents highlight the real issues being addressed by delegates as the 2Walk and Cycle conference concludes....
    Scoop politics | 31-10
  • Law change creates more flexible labour market
    The Employment Relations Amendment Act, passed yesterday, will bring new flexibility to the labour market and will reduce the ability of unions to organise and to recruit....
    Scoop politics | 30-10
  • Bumper ANZ profits mean no excuse for insecure hours
    A big rise in profits at New Zealand's largest bank needs to be reflected in a better pay offer and more security around hours of work, the bank workers’ union said today....
    Scoop politics | 30-10
  • Count down to lowered alcohol limit
    With just a month to go until a new lower alcohol limit for adult drivers comes into effect, Police and road safety agencies are reminding drivers of the impending change....
    Scoop politics | 30-10
  • WorkSafe Supports Forestry Review Findings
    WorkSafe NZ says the Independent Forestry Safety Review has clearly identified the problems facing an industry in which ten workers were killed last year. “The Review’s analysis matches our own view and leaves no doubt about the need for comprehensive,...
    Scoop politics | 30-10
  • CTU welcomes forestry review recommendations
    The CTU is welcoming the today's release of the independent forestry safety review panel findings. "These recommendations must be implemented to ensure that everything possible is done to make forestry safer." CTU President, Helen Kelly said....
    Scoop politics | 30-10
  • Activists will confront animal abusers
    Today animal rights activists will confront a group of wealth advisers who want to build the biggest egg factory-farm in New Zealand....
    Scoop politics | 30-10
  • Turia: Women’s Refuge Conference 2014
    This is a milestone moment in my life. This will be my last official address as Co-leader of the Maori Party. On Saturday night at our Hui-a-Tau, I will be standing down from that role and enabling a new co-leader,...
    Scoop politics | 30-10
  • Rodeo Code of Welfare ‘Sick Joke’
    Animal advocacy organisation SAFE says the revised Code of Welfare for Rodeos just released is nothing but a sick joke. “Rodeo animals are goaded, tormented and forced to endure needless suffering and gross mistreatment, all for the sake of so-called...
    Scoop politics | 30-10
  • Conservative Party applauds binding referenda on flag
    The Conservative Party are congratulating the Government on the decision to hold two binding referendums to decide the fate of New Zealand’s flag – and believes it will pave the way for binding referenda to form part of New Zealand...
    Scoop politics | 30-10
  • Walk the Talk – Opposing violence against women
    Soroptimist International of Auckland have organised a walk on 22 November from Silo Park at the Wynyard Quarter through the Viaduct and back to Silo Park, to show their opposition to violence against women. This event hopes to raise awareness...
    Scoop politics | 30-10
  • Recommendations on the Design of Pecuniary Penalties
    The Law Commission has reviewed the use of pecuniary penalties as a regulatory tool. Pecuniary penalties are financial penalties that policymakers are increasingly opting to use in place of criminal sanctions in order to punish and deter misconduct in...
    Scoop politics | 30-10
  • Every worker will be affected by employment law changes
    Every worker will feel the effects of the government’s new employment laws and should join a union if they want to maintain and increase their wages and conditions, says New Zealand’s largest private sector union, the EPMU....
    Scoop politics | 30-10
  • Shameful attack on all workers
    The Government has passed the Employment Relations Amendment Act slashing the rights of all Kiwi workers. “These changes are shameful. New Zealand now has some of the worst employment protections in the OECD. It is embarrassing that a country which...
    Scoop politics | 30-10
  • Unnecessary law changes more to do with ideology
    The government’s employment law changes are simply ideological and are at odds with its approach in the related areas of health and safety and immigration law, FIRST Union said tonight....
    Scoop politics | 30-10
  • CTU Runanga calls on iwi leaders
    Maori workers are calling on iwi leaders to speak out against the employment law changes expected to go through today. “Iwi leaders have previously spoken out when workers in Aotearoa have been under attack, we believe they should do so...
    Scoop politics | 30-10
  • Educating children not the best solution to alcohol harm
    Alcohol Healthwatch says we need to look beyond educating children and young people to address deeply embedded attitudes and behaviours concerning alcohol....
    Scoop politics | 30-10
  • New code of welfare for rodeos released
    New standards to strengthen the animal welfare requirements for rodeos have been issued today by the Minister for Primary Industries, Nathan Guy....
    Scoop politics | 30-10
  • IPCA report riddle with inaccuracies, say students
    A report by the Independent Police Conduct Authority into the policing of student protests in 2012 is riddled with inaccuracies, say students who laid the original complaint with the IPCA....
    Scoop politics | 30-10
  • CT v The Queen – indecency convictions quashed
    This summary is provided to assist in the understanding of the Court’s judgment. It does not comprise part of the reasons for that judgment. The full judgment with reasons is the only authoritative document. The full text of the judgment...
    Scoop politics | 30-10
  • Rameka v The Queen – murder convictions quashed
    This summary is provided to assist in the understanding of the Court’s judgment. It does not comprise part of the reasons for that judgment. The full judgment with reasons is the only authoritative document. The full text of the judgment...
    Scoop politics | 30-10
  • Auckland Council Out of Control
    Responding to the NZ Herald article that some Auckland households will face a rates rise of up to 9.6 per cent next year, Taxpayers’ Union Executive Director Jordan Williams says: “Len Brown’s pledge to cap rates rises at 2.5 per...
    Scoop politics | 30-10
  • Stats NZ staff escalate action with ‘no more meetings’ rule
    Statistics NZ staff have voted to escalate their ongoing industrial action in an effort to get Stats NZ back to the bargaining table with a reasonable offer. The staff, who are members of the Public Service Association (PSA), have been...
    Scoop politics | 29-10
  • Rape Crisis calls for changes to criminal justice system
    Wellington Rape Crisis has added its voice to the public outcry following the announcement that there will be no charges in the teen rape gang case. Butterworth says the decision not to lay charges will not have been a surprise...
    Scoop politics | 29-10
  • Police action justified in Blockade the Budget demonstration
    Police actions in dealing with a demonstration in Central Auckland known as Blockade the Budget on 1 June 2012 were justified and appropriate, an Independent Police Conduct Authority report released today found....
    Scoop politics | 29-10
  • NZDF Joins with Australia to Commemorate WWI Centenary
    A contingent of New Zealand Defence Force (NZDF) personnel will join their Australian counterparts at Australia’s first major commemoration of the First World War centenary in Albany, Western Australia this weekend....
    Scoop politics | 29-10
  • Reserve Bank should reduce interest rate
    “The Reserve Bank should be reducing its policy interest rate, the OCR”, says CTU Economist Bill Rosenberg in response to the Bank’s announcement today that it is not increasing it....
    Scoop politics | 29-10
  • 2015 Stout Fellow will write about Māori & Criminal Justice
    Kim Workman, founder and advocate for the Robson Hanan Trust, which administers the Rethinking Crime and Punishment and Justspeak initiatives, has been awarded the 2015 John David Stout Fellowship at Victoria University....
    Scoop politics | 29-10
  • What John Key thought about ‘dirty politics’
    On September 20, John Key swept to victory to become one of New Zealand’s most successful and popular Prime Ministers. Rocked by scandal, the 2014 election campaign was one of the most brutal – and riveting – in recent history....
    Scoop politics | 29-10
  • Trade Deal Threatens Farmers and Food Businesses
    The secret Trans Pacific Partnership negotiations are a direct threat to food businesses and farmers, and a moratorium on the release of GE crops must be enshrined in law before the TPP is signed....
    Scoop politics | 29-10
  • CTU announces election of new Secretary
    The contested election for the position of CTU Secretary has been won by Sam Huggard. Sam officially takes office on Monday 1 December 2014. Sam has worked in the union movement and brings a wealth of experience and a commitment...
    Scoop politics | 29-10
  • Kim Workman awarded 2015 J.D. Stout Fellowship
    The Victoria University of Wellington 2015 J.D. Stout Fellowship, funded by the Stout Trust, has been awarded to justice reform advocate Kim Workman. Mr Workman (Ngati Kahungungu ki Wairarapa, Rangitaane) is well known for his work on criminal justice,...
    Scoop politics | 29-10
  • TPPA causing concern
    Concern over the secretive Trans-Pacific Partnership Agreement (TPPA) negotiations is being expressed in two public meetings over the next week; one at a presentation on 5th November by former councillor Robin Gwynn to the Napier City Council, the...
    Scoop politics | 29-10
  • Kiwis rally to demand justice for ‘Roast Buster’ survivors
    Over 1,500 kiwis have rallied to demand justice after the announcement of the NZ Police decision not to lay charges in the ‘Roast Busters’ saga....
    Scoop politics | 29-10
  • New employment law will hurt the most vulnerable NZers
    The Public Service Association (PSA) says changes to the Employment Relations Act, expected to be passed in Parliament tonight, will hurt vulnerable workers and their families more than anyone....
    Scoop politics | 29-10
  • Consultation to close on proposed place names
    The New Zealand Geographic Board (NZGB) Ngā Pou Taunaha o Aotearoa today advised that only one month remains before public consultation closes for 18 name proposals for geographic features and places around Te Ika ā Māui (the North Island)....
    Scoop politics | 29-10
  • Operation Clover – Statement from Police Commissioner
    I have taken a close interest in this investigation and I am confident police have conducted a thorough and professional enquiry in what has been a challenging and complex case. The Operation Clover team has ensured that victims have been...
    Scoop politics | 29-10
  • Better policy would have protected children from recession
    Child Poverty Action Group says an international report released by UNICEF today shows good policy can protect and improve child well-being, even during a recession....
    Scoop politics | 29-10
  • Outcome of Operation Clover investigation
    Police have completed a multi-agency investigation, Operation Clover, into the activities of a group calling themselves “The Roast Busters”. The 12 month enquiry focused on incidents involving allegations of sexual offending against a number of girls...
    Scoop politics | 29-10
  • False birth registration brings home detention
    A Whangarei woman who attempted to register the birth of a fictitious child to claim a sole parent benefit was sentenced to six months home detention in the Whangarei District Court today....
    Scoop politics | 29-10
  • Family of Robert Ellis demand a proper investigation
    The family of a New Zealander killed in Indonesia are growing increasingly concerned at the lack of information they’ve received, and the handling of the investigation into his murder....
    Scoop politics | 29-10
  • Minister of Health must account for aged care workers’ pay
    The New Zealand Federation of Business and Professional Women (BPW NZ) congratulates rest-home worker Kristine Bartlett on her landmark claim for equal pay from her employer and successfully pursuing this to the Court of Appeal....
    Scoop politics | 29-10
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