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Power to the people

Written By: - Date published: 5:35 am, May 22nd, 2009 - 52 comments
Categories: economy - Tags:

This just in – the electricity market isn’t working.

Well, plenty of people were saying that would happen back in the 1990s when National insisted on giving it a go. They split up the ECNZ into four bite size pieces to compete against each other. They planned to sell them all and create a totally private electricity market but only had time to flog off Contact before they lost power.

Since then we’ve had to deal with this dumb monopolistic system that’s mostly public-owned but doesn’t act in the public interest. Labour’s best effort to fix it was the Electricity Commission – a half-hearted effort to stop the generator/retailers from taking super-profits by regulating the market.

It didn’t work. We didn’t get enough generation and transmission as we needed put in. The government couldn’t get its own SOEs to follow its climate change policies; they act like profit-maximising corporates instead. Trying to use price to destroy demand during dry years just led to politically untenable profits flowing to Contact’s shareholders and the government.

National is now acting all angry at the electricity companies and warning them not to increase prices any further. This just months after they demanded bigger profits from those same SOEs.

National’s solution is to get rid of the Electricity Commission and break up the SOEs into smaller SOEs ready for selling. That wouldn’t create a better market. You don’t get good markets in natural monopolies. It wouldn’t lead to cheaper power having more companies trying to sell you an identical product just leads to them spending more on advertising. It would leave one huge company, Contact, to play NZ’s version of Enron in California. You might think that we would have learned that unregulated capitalists don’t always act in the public interest over the last couple of years but it seems National hasn’t.

The real solution is to get rid of this whole sham. Buy back Contact (work out a fair share price and do it through legislation). Put the whole thing back into one and set it some simple goals: reliable supply at a steady, low price and phasing out fossil fuels. Don’t worry about profits. Even now, profits are basically just an electricity tax.

Forget the neoliberal daydream of a real electricity market. Get back to having an electricity system that’s just about giving us cheap, green power when we want it.

52 comments on “Power to the people”

  1. Pascal's bookie 1

    Forget the neoliberal daydream of a real electricity market. Get back to having an electricity system that’s just about giving us cheap, green power when we want it.

    Gasp.

    Just because it makes sense, might work, and would be heaps better doesn’t mean it isn’t sacrilege Eddie.

  2. cocamc 2

    Now lets blame the Electricity Sector – and of course it’s all Nationals fault. Yesterday this blog blamed the the CEO’s and businesses.
    Whose next to blame? You’re running out of targets.

    Buying back Contact Energy is not the answer, firstly we’ve got no money to do that at the moment. Adjust the system maybe the answer – allow the lines companies to retail and generate and create more competition in the network for consumers

    • Pascal's bookie 2.1

      Yeah because the generation/retailers wouldn’t just buy the lines co’s. But good to see you are keeping with the sacrilege theme and running the faith based solution.

    • lprent 2.2

      did you read the post. He said that the electricity generators were acting like semi monopolistic corporates. Same thought. But I guess you just wanted to spin a line.

      • bilbo 2.2.1

        How much do the SO power companies return to the government ?

        If it’s small enough figure why not direct them to run at cost leading and move customers from Contact to the SOEs thereby driving down their revenue and share price and pick them up cheap ?

        Often makes me wonder why the govt hasn’t done something similar with the banking sector ……. why does all the IRD business still go through Westpac rather than Kiwibank ?

        • Clarke 2.2.1.1

          Often makes me wonder why the govt hasn’t done something similar with the banking sector . why does all the IRD business still go through Westpac rather than Kiwibank ?

          Because Treasury is still worshipping the neo-liberal demi-god of “Efficiency”. If you discount all of the externalities to zero, then it’s more “efficient” for IRD to save 0.1 cents per transaction by going with Westpac’s lower contract price.

          In Treasury’s world, keeping jobs in New Zealand, not exporting the bank profits, building New Zealand’s capital base and all the other benefits that would come from keeping government business on-shore aren’t actually counted. Hence the Westpac decision.

          If you go and have a look around the Chief Executive positions in the public sector, you’ll discover that a non-trivial percentage of the incumbents are ex-Treasury, which is why this anti-logic seems so pervasive.

          • insider 2.2.1.1.1

            Primarily they go with Westpac because it has the computing and transactional power to process the massive volume of payments government makes. Kiwibank doesn’t or didn;t have that when last tendered.

        • cocamc 2.2.1.2

          Ok Bilbo
          The dividends that are received from the SOE’s go back into the Govt coffers for other programs (Police, roading, social spending). You take that away and the shortfall has to come from somewhere else. Oh that’s right, just tax the “Rich” to make up the difference.

          • Clarke 2.2.1.2.1

            cocamc –

            Are you serious? If the electricity companies hadn’t been systematically raping their customers, there would be another $4 billion in income sloshing around inside NZ. And remember, one of the biggest players is Contact, which is predominantly owned by offshore investors – pray tell how the investors who have been banking the dividend cheques into overseas bank accounts help pay for the Police, roading and social spending.

          • cocamc 2.2.1.2.2

            Clarke
            Read my response, I said SOE’s send money to the Govt.

            Contact is a public company so different situation. But they invest money building generation facilities, that contibutes to the economy with jobs, etc.

          • Clarke 2.2.1.2.3

            Contact is a public company so different situation. But they invest money building generation facilities, that contibutes to the economy with jobs, etc.

            That’s a truly lame response.

            Contact have 24% of the generating market, according to MED. If the gaming of the market has been happening on a pro-rata basis, this means that Contact are guilty of pulling an additional $960 million out of New Zealand, which has benefited predominantly overseas shareholders.

            We could have used a public project to build the same generation facilities and created the same number of jobs as Contact did, and the only effect would be that New Zealanders would be $960 million richer!

        • Swampy 2.2.1.3

          Lots. probably most of the amount alleged to be overcharged found its way into the Labour Government’s coffers. It’s certainly on record they got more than a billion out of Meridian for the last two election year budgets.

          It’s rather unlikely that National is going to engage in such a draconian anti business course of action, they have no political constituency like Labour does with the leftist unionists.

    • Clarke 2.3

      The very definition of insanity is to do the same thing over and over again, expecting a different outcome each time.

      So your solution to market failure is … more markets?

    • Draco T Bastard 2.4

      You can’t have competition in electricity supply. You can only have one network because it’s far too expensive to have more than one. Having multiple suppliers increases costs because of the increased bureaucracy and laws. The cost of setting up the competition prevents the competition even trying.

      Do what you say and we will end up with a privately owned monopoly gouging society and not enough power generation. Exactly why Milton Friedman said in Capitalism & Freedom that if you have to have a monopoly then it should be state owned.

      Power is an infrastructural component of society like roads and as such it needs to be state owned. Without it society would be worse off. If the generation and reticulation of power loses money then it can easily be, and should be, regarded as an investment in our society.

      • Swampy 2.4.1

        We have more or less the same in the past because of the state monopoly. A monopoly is a monopoly regardless. That’s why we have laws against monopolies, except of course government ones, and that’s where you have made a huge mistake in your post. The electrical supply network is owned by an independent public entity and that’s the only monopoly that should be tolerated. There’s no case for generation monopoly because it happens at multiple sites. There’s no case at all that going back to an NZED scenario with the local distribution monopolised by MEDs is going to produce an improvement over the current situation. There’s plenty of case that limiting the monopoly power of major players is going to produce real improvement. The situation is that the government owns most of the generation capacity and thus has substantial market power, Further, the government can buy political power as a result. Going back to the past NZED-MED type model will simply cement in the most negative aspects of the current situation.

  3. Chris 3

    Good post.

  4. Chris 4

    Good post – and bang on the nail.

    Getting competition in a small monopolistic market is a false dream. Better to concentrate on real world issues.

  5. Yes very good post Eddie. I was listening to Gerry Brownlee being interviewed on National Radio yesterday evening and I could feel his pain in having to admit that the market solution – Max Bradford’s baby – had been a complete failure.

    It was a great moment hearing him squirm.

  6. Tom Semmens 6

    Surely though one of the lessons of this is that the constant right wing screeching for personal tax cuts will lead to politically driven and undesirable distortions of the tax system. Make no mistake – the government cannot dare raise personal taxation given the way the cheerleaders of the business elites react to such a thing, so instead it is forced to indulge in this sort of unfair and distorting taxation in order to maintain the revenue streams that pay for everything. Right wingers don’t understand there is no such as a free lunch. Or rather, they seem happy to accept that they may have to step over begging old ladies on wintry streets on their way to collect their tax cut.

    The sooner we up the top personal tax rates to the top tiers of earners – and corporates – and cut these sort of unfair and hidden tax burdens on the poorest New Zealanders the better.

    • jagilby 6.1

      “constant right wing screeching for personal tax cuts will lead to politically driven and undesirable distortions of the tax system.”

      I don’t think you could have got it any more wrong if you tried.

      Substitute “right-wing” for ‘left-wing’ and “personal tax cuts” for ‘state welfare’ and you’re starting to get closer to the truth.

      Having the highest personal tax bracket not consistent with that of companies, trusts and other corporate bodies has led to massive undesirable distortions in the tax system.

      Seriously, get a clue.

      • Clarke 6.1.1

        Having the highest personal tax bracket not consistent with that of companies, trusts and other corporate bodies has led to massive undesirable distortions in the tax system.

        Yes, you’re entirely correct – if you can game the tax system by running your income through a company or a trust, then you can pay significantly less tax than anyone stuck on PAYE.

        However this is not normally an option for families on the minimum wage in South Auckland, so effectively provides a mechanism for richer folk to pay less tax than is equitable.

        The solution to this problem is to normalise the tax system, by making all top rates the same. This can just as easily be done by raising trust and company taxes as lowering personal taxes. No prizes for guessing which one will result in a lower deficit.

        • jagilby 6.1.1.1

          Fantastic idea… increase taxes on companies right in the middle of a severe recession.

          Where was your invitation to the jobs summit… that idea would have eradicated unemployment for sure.

      • ak 6.1.2

        Seriously, get a life. And catch up with the new tory lines.

        Repeating the hackneyed pre-election drivel and screeches for “tax cuts” puts you way behind even your own sunny leader. So last year.

        The vote-buying “north of $50/wk” bribe won the election but is now old hat: the reality-forced chewing gum for the rich and zip for the majority (morphing into zip for all henceforth) has taken it off the Keyspeak register for good.

        Ditto your tired”state welfare” refrain. Smell the roses, petal: Sunny has expanded the dole, is pouring hard-earned taxpayers millions into a bike track, and is currently ramming “big government” onto our biggest city. Socialist bastard.

        Take the pills, Gills: you’ve still a sad case of pre-election dysfunction.

        • jagilby 6.1.2.1

          I’m not “screeching” for a cut in taxation revenue at all and never said anything close to that dickhead.

          If anything I would look to rebalance to tax take through capital gains on investment property (aside from the primary home of residence) and those who think they are so smart clipping the property ticket. That would include capital gains on all goods – including Art and collectables memorabilia. And one you’ll all love, I’m sure, I would remove subjective references to “traders” when it comes to taxing capital gains on shares – all trading of shares would be subject to capital gains.

          It’s my belief that a capital gains isn’t quite as tough a pill to swallow politically as it’s made out to be and it would align us with most other developed nations…. even those without “Tory” leaders.

          Yes, I would also increase GST also (so start preparing your vitriol now). Increasing the cost of consumption will encourage an increase savings (the great panacea to our current account deficit according to Labour).

          These two measures would help us lower personal taxes to a level consistent with that of companies and trusts and remove the distortion currently. I trust that the current tax think tank appointed will do justice to these suggestions… thank heavens they have a bit more knowledge and sense when it comes to taxation than you lot.

          ANOTHER POINT…
          “so effectively provides a mechanism for richer folk to pay less tax than is equitable”

          Who is you to decide what is “equitable”…. Is it “equitable” that those who provide the jobs and risk the capital be summarily punished for doing so?

          “However this is not normally an option for families on the minimum wage in South Auckland”… If they had the access to the knowledge why would a family on the minimum wage need to exercise that option anyway?… presumably their marginal tax rate is less than that of a company or trust in any case.

          • jagilby 6.1.2.1.1

            As an aside how can discussion about the structure of the tax system be “so last year” when the government has only just appointed a think tank, that includes New Zealand’s foremost experts on taxation (including members from each of the Big 4 accounting firms) to provide suggestions for reform?

            How can you be so sure this won’t radically change the current structure and that parties will change their stance given these recommendations?

            Pretty ballsy of you I would suggest… or is it just another example of the supreme arrogance of the left again thinking they know better than the experts?

        • jagilby 6.1.2.2

          Forgive me if I don’t see how socialist the Supercity is when all the other socialists in the land are united against it and the proposal will almost certainly result in staff “efficiency” gains.

  7. LawGeek 7

    Labour’s best effort to fix it was the Electricity Commission – a half-hearted effort to stop the generator/retailers from taking super-profits by regulating the market.

    It didn’t work. We didn’t get enough generation and transmission as we needed put in.

    These two statements are mutually contradictory. Transmission price rises are justified as the recovery of costs spent on transmission investment. The EC approval system for investment is designed to STOP unnecessary investment that will drive up cost. Similar logic applies to generation investment.

    Now you can agree or disagree with whether or not more investment than is current approved is needed (althought the NZ transmission system is actually fairly reliable by international standards, I might add), but more investment will = higher electricity prices. Either that, or direct subsidy of the electricity companies from the general tax base. Again, you might think that’s a good idea. But more investment = more costs. It’s very difficult to rationally demand BOTH more investment AND lower prices.

    • Draco T Bastard 7.1

      Actually, it’s not all that difficult at all but it doesn’t work for private investors as they are looking for the return of the original investment plus profit. Works fine for state ownership though as the cost of setting up new generation is taken out taxes as a sunk cost with no direct return needed or even looked for. The price of power would then be the cost of supply and maintenance. The returns that we would get would be the increased efficiencies and living standards of our society which are almost impossible to quantify but would be greater than zero.

      • LawGeek 7.1.1

        The cost isn’t zero either though. You either have to pay back the cost of the investment (paying for it is independent of the profit motive) through electricity charges or out of general taxes.

        Generation and transmission capacity costs money. You might pay less for it in the long run in public ownership (I think that is likely), but you still have to pay for it. I’m not arguing that private ownership is more efficient than public in the electricity sector, I’m arguing that you have to pay for investment somehow, and therefore Eddie’s point doesn’t really make sense. I wouldn’ve thought that’s relatively uncontroversial.

        • insider 7.1.1.1

          LawGeek is exactly right. More investment equals higher charges. Fundamentally becasue there is no game changing technology that lowers the cost base. Most of the green energy is more expensive not less, so you are contradicting yourself.

          What you are arguing for is short run marginal cost. Possibly fine if you have static supply and demand. Alternatively a highly competitive market with very low barriers to entry would get close.

          But how would you incentivise the building of supplementary new plant to meet rising demand unless you do that by ministerial direction or some other centralised planner where the taxpayer wears the risk if it is wrong (and we have plenty of excruciatingly bad examples of that in the recent and distant past – wanna buy a railway anyone? A synfuel plant?). Your proposal to hide it in general taxes is frankly scary and likely to lead to overbuilding due to lack of accountability for decisions. I’d suggest it would be the least efficient.

          Having a market shifts the risk from taxpayers to investors. It also means that we are not subject to the whim of central planners and politicians who decide what is best for us. They will use that power to steamroller over communities because it looks good in an engineering sense but probably only from that perspective, or politically good, which usually means expensive for you and me. What we need is more market not less, and more scrutiny of that market

          • Draco T Bastard 7.1.1.1.1

            But how would you incentivise the building of supplementary new plant to meet rising demand unless you do that by ministerial direction or some other centralised planner where the taxpayer wears the risk if it is wrong (and we have plenty of excruciatingly bad examples of that in the recent and distant past – wanna buy a railway anyone? A synfuel plant?).

            Having a market shifts the risk from taxpayers to investors.

            And we have even more proving that the market doesn’t move the risks from the public to the private. If the infrastructure isn’t built then the public pays in lost living standards, lost earnings and other ways.

            The market will never over build but doing so isn’t actually a failure – it just means you can put off further investment longer but the profits will either be low or non-existent. So, the market is incentivised to under invest to keep prices and profits high in the short term while the state is incentivised to over invest to keep costs down in the long term. Central planning for a single service that is so integral for the wellbeing of society is a massive improvement over market supply of the same service.

            Your proposal to hide it in general taxes…

            Don’t put words in my mouth. I never said to hide it in the taxes and there’s no way I would support any sort of black project that funded through taxes. Pay for it through taxes as an investment in society is what I said and what it actually is.

        • Draco T Bastard 7.1.1.2

          I didn’t say it would cost nothing. I said that the difference is that private investors want their money back and that government can regard the investment as a sunk cost and not expect it back at all. This will lower electricity prices because all that they are covering is maintenance.

          • insider 7.1.1.2.1

            Actually no, the Government requires a return on its assets and are pretty harsh in demanding it – and there are good reasons for this. It needs to know when investment is efficient or inefficient just as much as any private business or else the costs could spiral – they would only feel like they are small because they are hidden and you can’t blame some fat cat.

            Re the above (system won’t let me reply to it directly for some reason)

            “And we have even more proving that the market doesn’t move the risks from the public to the private. If the infrastructure isn’t built then the public pays in lost living standards, lost earnings and other ways.”

            Actually we don’t have that proof. Firstly we have over 4000MW of generation planned – that is 50% of total installed capacity and we are only growing demand at ~2%pa. There have been significant investments since the market was developed.

            Secondly, we have had fewer actual power cuts due to energy shortages than we did under centralised planning. Centralised planning leads to pork barreling IMO o

          • LawGeek 7.1.1.2.2

            Let me put it another way, Draco.

            Power plants cost millions to build. That’s millions of tax dollars that can’t go somewhere else. Either that, or the power company has to cover the costs of its investment through electricity charges. I agree that if the power company is state-owned, there is the possibility for including a lower profit component in those charges. But even if you’re going for break even, which we surely want our Government to do, new investment = new cost = higher charges.

            What are you disputing out of that statement?

  8. burt 8

    Eddie

    Are you are saying that the price gouging over the last 6 years is the fault of National from the 90’s rather than Labour who were in charge over the last 6 years?

    Following this logic Fyffe is indemnified for the Zear360 situation as the problems stem back to the govt when they set up Air NZ in the first place. Going right back to NAC would follow the same logic as blaming National for this.

    Come on Eddie, the directors, shareholders and management team are responsible for stuff that happens on their watch. You cannot continue to blame the National govt of the 90’s for ever Eddie

    • Clarke 8.1

      I agree – Labour should have had the courage to bin a failed market system.

      By the same token, however, Brownlee has just come out and said that the power companies won’t have to pay back the $4 billion they’ve looted from consumers – in effect, he’s endorsed their cynical overcharging.

      Now that’s definitely happening on National’s watch.

      • The Baron 8.1.1

        Did you read why he isn’t clawing it back, or did you not get past the headline?

        I really am worried about the level of reading comprehension on this site.

        • Clarke 8.1.1.1

          You mean Brownlee’s in-depth analysis:

          Speaking on Radio New Zealand Mr Brownlee said refunds were not an option. He pointed out the report looked at the wholesale not the retail market, but also it was too difficult.

          “Most of this happened in the past, it happened over the seven years up to 2007,” he said.

          “The 2008 year hasn’t been part of the assessment. . .you’ve got to remember to that the household sector is just on a third of all electricity use so it becomes very, very difficult to work out who actually has paid for what.”

          So let’s get this straight. The electricity companies have the billing systems that allow them to buy and sell through individual transactions in the wholesale and retail markets, and a regulatory obligations to keep those records for a decade. But it’s “too difficult” to go back through those same records and correct the over-charging, despite the fact that the Commerce Commission has forced exactly the same process on other large-scale corporates that have been guilty of over-charging on transaction fees, such as the recent example of the banks with credit card transactions.

          The only sense in which this is “difficult” is that it would cost pro-privatisation Brownlee some political capital.

          • insider 8.1.1.1.1

            The real reason IMO is the $4b is a bit of a fiction…

            What has happened is that a theoretical model has been built that says in an ideal market if all the conditions in the model were fully conformed with, prices should have been at level X most of teh time, but when he looked at the actual prices they were X+. That gap has been considered an “overcharge” but there is significant debate over whether the model can ever be “true” ie can that ideal ever be achieved in any market ever, meaning the theoretical base could be just that, a theory.

            There are also people questioning whether the model actually effectively replicates the NZ market.

          • Maynard J 8.1.1.1.2

            Insider, if I understand correctly, it would be very easy to figure out who creamed what from whom when.

            The key point is that the highest spot price determines the overall market wholesale price.

            The easiest example to use is that during a dry year, there is not enough hydro, so we burn diesel. This means we are paying for hydro power as if it were diesel. To find out the overcharging, merely determine when the spot prices are for each generation type and unit, and then if the price was ever above that.

  9. The Baron 9

    Far better than your usual partisan hacking, Eddie – good discussion and points.

    Lets consider your premise of repurchasing Contact Energy, so that ECNZ can be reconstituted. Right now, Contact Energy has a market capitalisation of $3.4 billion (source: http://www.nzx.com/markets/NZSX/CEN). This would have to be the starting price of any fair value for the business (a lot more than Cullen’s woefully overpaid train set – my god, I would hate to see him negotiate this deal!)

    Would the reorganisation of the market produce $3.4b in benefit? Arguably, it would have prevented the $4b in overcharging that has just occurred… but nevertheless, it is a hell of a cost.

    • Clarke 9.1

      … which by your own figures would produce a return of $600 million in net economic welfare for New Zealand. To do the numbers, that’s a 17% ROI, not allowing for the time value of the money invested. There’s clearly a very good prima facie business case for doing an immediate re-purchase; I’d suggest a full NPV assessment as a good beginning point, but it seems like a very workable deal.

  10. Natpicker 10

    Theres not much needs to be said after Pascals missive, its right on the money. The whole market concept for utilities is totally flawed, and an exercise in the gathering of safe returns for those that have the money to invest. Which in itself means that the rest of us will have to return a “rental” to these shareholders. They in turn will demand more and more. Time to nationalise.

    In terms of shareholders and investment capital I would encourage high returns if the risk is commensurate, but in the case of existant captive markets there is no real risk. And that is what is so bloody sick, no one with money is inclined to risk it, they only want safe returns from you and me. Its a form of parasitism and it aims at the capture of the common good for the private gain.

  11. Quoth the Raven 11

    I think this is an argument for much more decentralised electricity generation. That way you can get the power companies off your back.

  12. insider 12

    Maynard

    for some reason I can’t reply directly to your post.

    You are almost correct, it is the supply bid that clears the demand that sets teh price. So like an auction people will offer generation at various prices for a set demand. Those offers are stacked on top of each other from lowest to highest. When you get to the point that meets demand, the market is cleared and it is that marginal offer that sets the price that everyone receives even if their offer was lower. So the highest offer is not necessarily accepted. That would only happen when the generation offered exactly matches demand, which is almost never.

    The problem with your solution is that it disincentivses me to offer my generation at near marginal cost, because if I get paid more – which I have no control over – you might sting me down the track. That is absurd and unfair. The only person who should wear that is the marginal generator, but how are they to know they are going to be at the margin? No-one has perfect information and no-one could accurately guess when they were at the margin. It also requires anyone reviewing the market to be perfectly informed about what was bid and why, and what the marginal costs were. And that is really really hard I suspect.

    Like I said, a theoretical view has become reality and it may not actually be so.

  13. Rich 13

    What we need to have is a computer model that optimises which power stations run to minimise CO2 emissions over an annual cycle, while maintaining a reserve of water in case of dry or calm weather.

    The cost of (state-generated) electricity then becomes the cost of generators (fuel, capital, maintenance, overheads) plus a reasonable surplus. Contact and any other privately-held generators can either be paid on the same basis, or can sell power through their own distribution network to any private customers that want to contract with them.

    As well as this, it would make sense to turn the state generators from SOEs into worker/consumer owned cooperatives, so that any profits flow straight back to the customers and workers.

    • The Baron 13.1

      what on earth is a worker/consumer cooperative going to give that an SOE isnt? both return money to the public – just that the former introduces a whole pile of CRAZY along the way.

      I assure you, as a tax payer, i am not going to let one shred of my publicly owned power generation fall into the private hands of the “workers”. i thought you lot hated privatisation – what the hell is this?

      • Quoth the Raven 13.1.1

        The Baron – What is your particular problem with consumer or worker cooperatives? Merely saying something is crazy is not a substative argument. Are you capable of providing a good argument against these models? What is the crazy you talk of? Is it merely that it smells of leftism to you so ipso facto it must be bad – no argument needed.
        I don’t hate privatisation. It is how privatisation is carried out that is the problem. There are many different ways to privatise. Most people don’t have such a black and white picture of the world as you. Market – anti-market, privatisation – state ownership, black – white…

        I assure you, as a tax payer, i am not going to let one shred of my publicly owned power generation fall into the private hands of the “workers’.
        …so you have a problem with it being in the private hands of workers, but you have no problem with it being in the private hands of corporates, or not?

        • The Baron 13.1.1.1

          Fair enough on the first part, QoR – good challenge.

          And on the second, you caught a fair error of mine. I absolutely have no problem with worker ownership of anything – so long as they purchase the asset at fair market value. In fact, I think it would be a beautiful model if more workers did get the capital together and do just that, and actually demonstrate the model to the country.

          I suspect that Rich had something wholly different in mind however, in that he wanted the Government to give the power assets over to worker/consumer control as an alternative to SOE structures. It was that concept that i was railing against, as it privatises the asset without fair recourse to the owners – the collective taxpayers.

          as for your last sentence, i think you have wholly made that up. i don’t think i have ever made any statement for or against privatisation? i share however your own sentiments that you express earlier.

    • insider 13.2

      Rich

      Problem is that could mean more expensive power…

      What you describe is similar to what we have. The system runs on best price first. The ETS or carbon tax was supposed to penalise carbon so pushing carbon dioxide production down the bidding order. But we can’t meet demand with just renewables so need fossil fuels. So any increase to FF costs is a direct cost increase to power purchasers. Not only that, wind tends to be more expensive than gas at present so there is a double whammy.

      I’m not going near debating the wisdom of SOEs becoming co-ops :-)

  14. Swampy 14

    The period under review happens to be entirely a period when Labour was in government and therefore received the control of the billions of dollars into government coffers which they were then able to spend on scratching their usual itches.

    It was most noticeable that Labour ministers at the time when these electricity price rises were taking place, kept very quiet on the subject of where the money was going to. Labour of course did almost nothing to change the electricity marketplace during that time.

    Hardly surprising is it? In 2005, Labour makes certain spending promises in the election campaign. Michael Cullen contrives to extract about a billion dollars from Meridian to pay for some of those promises. That amount being in addition to the normal dividends that are paid out each year to the government as shareholders.

    Just tell us whether you still believe that the billions in overcharging was bad, that Labour should have given that money back in rebates.

  15. Swampy 15

    I don’t know why anyone thinks there is some sort of “good old days” when power was not being overcharged. Before Bradford came along and did his bit, things were pretty much the same, the main difference being that the NZED was run like a typical government department rather than the SOE model.

    There was no choice for the public who they could buy power from, the MEDs used to transfer large sums of money to local government coffers each year such that special legislation was put through by Muldoon to limit the amounts. These things happen when you have a government monopoly.

    What you have missed out here is that the government still owns most of the SOEs implicated in this cartel and therefore has substantial market power. All you need is an SOE minister to tell all three to behave the same way and there is that cartel at work with the resulting outcome.

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  • IES vote may weaken defense of public education
    PPTA announced today that secondary teachers have voted to include the IES (Investing in Education Success) as a variation to their collective employment agreement with the government. At one level it’s an understandable decision by PPTA members because through engaging in a consultation...
    The Daily Blog | 21-11
  • NZ History lesson on Planet Key – the lies white people tell themselves
    John Key’s bizarre claims about our ‘peaceful history’ comes across like the apartheid history of South Africa where white people discovered Africa first… New Zealand ‘settled peacefully’ – PM New Zealand was “settled peacefully” by the British, the prime minister...
    The Daily Blog | 20-11
  • Universal Basic Income and Labour Policy
    On Radio New Zealand’s None-to-Noon on Wednesday (19 November), new Labour leader Andrew Little intimated that he would like to put Universal Basic Income (UBI) on his policy agenda (What policy changes will Andrew Little usher in?) Predictably Kathryn Ryan, despite being...
    The Daily Blog | 20-11
  • The New Notes : They Ain’t Mint
    Hulk Queen Angry. Hulk Queen smash.   Yesterday, the Reserve Bank announced its new designs for our banknotes. Now, I’ve historically been pretty sketch about this entire process; variously feeling affronted that the government could find eighty million dollars to fund a...
    The Daily Blog | 20-11
  • MSM under-mining of new Labour Leader already begun?
    . . It did not take long. In fact, on the same day that Andrew Little won the Labour leadership*, the first media reporter was already asking if he would be stepping down  if Labour failed to lift in the...
    The Daily Blog | 20-11
  • GUEST BLOG: Simon Buckingham – invisible disability voices
    Today I am ranting. The Disability Advisory Group has been announced by Auckland Council. This is the body that represents the interests and views of people with disabilities in Auckland. Whilst I would not have applied this time as I...
    The Daily Blog | 20-11
  • Jeremy Wells’ Mike Hosking rant on Radio Hauraki: Today, Andrew Little
    Jeremy Wells’ Mike Hosking rant on Radio Hauraki: Today, Andrew Little...
    The Daily Blog | 20-11
  • Why labelling Little as a ‘Unionist’ is a joke and how he beats Key in ...
    The line being used to attack Andrew Little as a ‘Unionist’ is just an absurd joke, and it comes from people who clearly don’t understand the modern NZ Union movement. Andrew ran the EPM Bloody U, they are easily one...
    The Daily Blog | 19-11
  • 5AA Australia – Labour’s New Leader + China’s President In New Zealan...
    Recorded on 20/11/14 – Captured Live on Ustream.tv. 5AA’s Peter Godfrey and Selwyn Manning.ISSUE ONE: The New Zealand Labour Party has elected its new leader, the vote going to a third round after no clear outright winner was found in...
    The Daily Blog | 19-11
  • Did Roger Sutton think he was running the Rock Radio Station?
    Visible G-String Fridays? Full body hugs? Jokes about who you would and wouldn’t have sex with? Honey? Sweety? It’s like Roger thought he was running the Rock Radio Station, not a Government Public Service department set up to rebuild a...
    The Daily Blog | 19-11
  • US Politics
      US Politics...
    The Daily Blog | 19-11
  • Amnesty International – The conversation that needs to be had with China
    Caption: Police officer watching Hong Kong pro-democracy march, 01 July 2014 © Amnesty International    Yesterday’s edition of The New Zealand Herald features an open letter to all New Zealander’s from Xi Jinping, President of the People’s Republic of China. Along...
    The Daily Blog | 19-11
  • GUEST BLOG: Patrick O’Dea – “Liar”
    LIAR! ‘Privatised social housing to benefit tenants’ English “Housing Corp was a poor performer and about a third of its housing stock was the wrong size, in poor condition and in the wrong place. That stock was worth about $5...
    The Daily Blog | 19-11
  • Too Close For Comfort: Reflections on Andrew Little’s narrow victory over...
    THE TRAGIC SCREENSHOT of “Gracinda” in defeat bears eloquent testimony to the bitter disappointment of the Grant Robertson-led faction of the Labour Party. And, yes, ‘Party’ is the right word. The Robertson machine has now extended its influence well beyond...
    The Daily Blog | 19-11
  • How to defeat child poverty
      How to defeat child poverty...
    The Daily Blog | 18-11
  • Little’s Shadow Cabinet
    Now the horror of trying to pacify the factions begins. The only thing Little’s new shadow cabinet must do is create the pretence of unity. The reason voters didn’t flock to Labour wasn’t the bloody CGT or Superannuation, it was...
    The Daily Blog | 18-11
  • A pilgrimage with my sister – Rethink the System
    We’ve both wanted to do a pilgrimage for many years. But, unlike many modern pilgrims, we wanted to be pilgirms in our own country and get closer to our communities, rather than seek greater distance from them. We are both...
    The Daily Blog | 18-11
  • Lack of policy ambition is Andrew Little’s main problem
    I’ve met Andrew Little a few times and he’s a pleasant man who will make a reasonable job leading what the Labour Party has become in recent decades. He will preside over a much less divided caucus and will be...
    The Daily Blog | 18-11
  • Journos, film makers, media freedom advocates join Asia-Pacific political j...
    A candlelight vigil for the 58 victims of the 2009 Maguindanao massacre – 32 of them media people. Still no justice for them today. Renowned investigative journalists, film makers, academics and media freedom campaigners from across the Asia-Pacific region will...
    The Daily Blog | 18-11
  • And the new Labour Leader is ZZZZZZZZZZ
    The victory lap by Caucus over the members choice of Cunliffe has ended and the new leader of the Labour Party is Andrew Little. Yawn. The dullness and caution of the latest Leadership race will be served well by Andrew,...
    The Daily Blog | 18-11
  • Allow the Facts to Get in the Way of the Neolib Stories
    One of the weaknesses of the political left in New Zealand over the last 30 years has been to allow the neoliberal storytellers to get away with lots of fibs and half-fibs. On TVNZ’s Q+A on 16 November, in a...
    The Daily Blog | 17-11
  • Defending The Boomers: A Response to Chloe King
    THE BABY-BOOM GENERATION (49-68 year-olds) currently numbers just under a quarter of New Zealand’s population. Even so, there is a pervasive notion that the generation of New Zealanders born between the end of World War II and the mid-1960s exercises...
    The Daily Blog | 17-11
  • This weeks Waatea news column – Waitangi Tribunal ruling enshrines Treaty...
      This weeks Waatea news column – Waitangi Tribunal ruling enshrines Treaty as a living document...
    The Daily Blog | 16-11
  • Key now says SAS will be needed to protect ‘trainers’ behind the wire
    Well, well, well. What do we have here? Government could send SAS to Iraq New Zealand’s elite Special Air Service (SAS) could be deployed to Iraq to protect Kiwi troops sent to train local forces. Prime Minister John Key confirmed...
    The Daily Blog | 16-11
  • Do You Want to Build a Meth Lab? (Frozen x Breaking Bad Parody)
    Do You Want to Build a Meth Lab? (Frozen x Breaking Bad Parody)...
    The Daily Blog | 16-11
  • Soft soap for the rich – harsh taxes for the poor
    It’s no surprise to see New Zealand has one of the world’s lowest tax rates for the rich and the superrich. A survey by the global accounting network UHY shows New Zealand’s highest tax rates are lower than even Australia,...
    The Daily Blog | 16-11
  • Phillip Smith and the rehabilitation process
    The dominant media narrative in horrible murder cases is that the perpetrator is unlikely ever to be rehabilitated. When it appears the offender may get parole the media turns first to family members of the victim who commonly (and understandably)...
    The Daily Blog | 16-11
  • The Nation review: Finlayson’s terrifying definition of who is on terror ...
    Terrifying Nation today on TV3. Chris Finlayson is on justifying the Government’s Muslim fear mongering and extension of even more surveillance powers. It was jaw dropping. Finlayson says ‘alienated people with a chip on their shoulder’ is the threshold to get...
    The Daily Blog | 14-11
  • A brief word on The Block NZ
    Is it just me or did The Block manage to sum up everything that is wrong about our culture and economy? Fetishised property speculation as mass entertainment in a country of homelessness & poverty. I wonder if State House tenants...
    The Daily Blog | 14-11
  • Waitangi Tribunal ruling
    That spluttering choking sound of a thousand rednecks being informed Maori still have sovereignty is a hilarious cacophony of stupid… Crown still in charge: Minister Chris Finlayson on Waitangi Treaty ruling The Waitangi Tribunal’s finding that Maori chiefs who signed...
    The Daily Blog | 14-11
  • A brief word on Phillip Smith
    We can arrest student loan & fine defaulters at the airport – but not convicted child molesting killers? Before we ban manufactured ISIS ‘terrorists’ from having passports, how about we just manage to stop child molesting killers from fleeing first?...
    The Daily Blog | 14-11
  • Free Me From Religion
          The meeting begins – or at least it’s supposed to begin – but someone interrupts proceedings. She wants everyone to pray with their heads bowed while she can “thank our Father who art in Heaven.” I close...
    The Daily Blog | 14-11
  • Key capitulates on TPPA while big money NZ set up propaganda fund
    So Key has capitulated on the ‘gold standard’ of free trade deals… The primary objective for New Zealand at Apec was to see some urgency injected into the TPP talks and to keep leaders aiming for a high quality deal....
    The Daily Blog | 13-11
  • Why Phillip Smith is the least of our worries
    Well, it turns out Phillip Smith wasn’t half as clever as he thought he was, and he’s been arrested within a week. If the Prime Minister is through with making tasteless jokes, perhaps we can ramp down the media hysteria...
    The Daily Blog | 13-11
  • Constraining Credibility
      Most economists and members of the public – on both the right and the left – believe that economies are constrained by resource scarcity most of the time. In this view, economies are supply-constrained, and that the economic problem...
    The Daily Blog | 13-11
  • Migrant Labour, exploitation and free markets
    Once more we read about a horror story of virtual slavery for a migrant worker in a restaurant in Christchurch. The silver lining that in this case compensation should be paid is not assured. Often in situations like this the employer winds up...
    The Daily Blog | 13-11
  • On baby boomers who give my generation unhelpful advice: JUST DON’T
    One of my mum’s colleagues recently told her that there is no money in what her daughter was doing; volunteering at a women’s refuge and writing on politics. This guy, dispensing all his pearls of wisdom, told my mother that...
    The Daily Blog | 13-11
  • Morbid Symptoms: Can Labour Be Born Anew?
    THE CHAIRS in the final meeting venue have been stacked away. All that expensive signage, commissioned for the benefit of the television cameras, no longer has a purpose. For the second time in just 14 months, Labour’s Leadership Contest is...
    The Daily Blog | 12-11
  • What’s Small, White, and Having Trouble Attracting New People?
    If your answer was something intimately connected to the person of Peter Dunne … then you’d be right. Last night, P-Dunney decided to bring his comedy and/or hair stylings to the twitterverse; penning a potentially somewhat ill-advised tweet in which he compared...
    The Daily Blog | 12-11
  • LATE at the Auckland Museum review – Slacktivisim: Its not just for Slack...
    Monday night is my yoga night. I’m not really very good it, I don’t really have the bendy, but I made a New Years resolution. This Monday however, I decided to put the yoga on prone and attend a gig...
    The Daily Blog | 12-11
  • This weeks Waatea news column – Nanaia Mahuta – the Princess who roared
      This weeks Waatea news column – Nanaia Mahuta – the Princess who roared...
    The Daily Blog | 11-11
  • Real reasons to fear Government’s new approach to child poverty
    Now  I really am worried.  Selling state houses is bad enough but a taking a ‘social investment focus’ to deal with child poverty? “The Treasury will issue a Request for Information inviting submissions from people who work with vulnerable New...
    The Daily Blog | 11-11
  • Power to the people!
    With all the huffing and puffing of the election out of the way and the right-wing still in ascendancy after 30 years of community-sapping neoliberalism it was a pleasure to attend a strike by workers at Carl’s Jr in Lincoln...
    The Daily Blog | 11-11
  • EXCLUSIVE: OIA reveals WINZ trespassing 400 people a year
    W.I.N.Z is broken and it’s breaking my heart. Every year WINZ issues trespass notices to just under 400 people. 2008 / 418 2009 /  382 2010 /  347 2011 /  411 2012 /  373 2013 /  384 And this year...
    The Daily Blog | 11-11
  • So David Farrar and the Government were wrong on gangs after all?
    Oh the predictability of this… Ministers acted on inaccurate gang data Cabinet signed off tough new measures to tackle gangs on the basis of inaccurate information which over-estimated the scale of the crime problem. The briefing paper told ministers 4000...
    The Daily Blog | 10-11
  • Why lifelong prisoner surveillance is evidence of our failing prisons
    The intrusion of more and more State surveillance is easier to implement if the State begins with groups the populace are frightened of. Muslim radicals, Maori radicals, environmental radicals and prisoners are all easy fodder for ratings chasing media to...
    The Daily Blog | 10-11
  • REVIEW: The Blind Date Project
    The Blind Date Project Silo Theatre 4-29 November The Basement  Part of the excitement of a live performance, be it music or theatre or a circus with trapeze artists and lion tamers, is the risk that it could all go...
    The Daily Blog | 10-11
  • Good News For The Left!
    EVER SINCE the debacle of 20 September 2014, the New Zealand left has been hanging out for some good news. Today, thanks to Stephen Mills, the Executive Director of UMR Research, it has finally got some. UMR Research has for...
    The Daily Blog | 10-11
  • Goodfellow congratulates Key on IDU election
    Goodfellow congratulates Key on IDU election National Party President Peter Goodfellow has congratulated Prime Minister John Key on his election today as Chairman of the International Democrat Union (IDU)....
    Scoop politics | 21-11
  • Taxpayers’ Union Congratulates PM on IDU Appointment
    The Taxpayers’ Union is today congratulating Rt. Hon. John Key on becoming the Chair of the International Democrat Union , as former Australian Prime Minister John Howard retires from the role after 12 years. Taxpayers’ Union Executive Director...
    Scoop politics | 21-11
  • High demand for Consumer NZ’s “Do Not Knock” stickers
    Consumer NZ has distributed nearly 100,000 “Do Not Knock” stickers since the launch of its campaign to fight back against dodgy door-to-door sellers.The “Do Not Knock” campaign was launched on 3 November 2014. Free “Do Not Knock” stickers...
    Scoop politics | 21-11
  • Phillip Smith decision still pending
    Detective Superintendent Mike Pannett is returning to Washington DC where he will continue to closely monitor a pending decision from the Brazilian authorities on the process to return Phillip Smith to New Zealand....
    Scoop politics | 21-11
  • High Court demonstration to demand justice
    People outraged at the lack of justice in the so-called ‘Roast Busters’ case and 99% of other rape cases in this country are holding a visually powerful mass action at the Auckland High Court at 1 o’clock on Saturday. They...
    Scoop politics | 21-11
  • NZ Society Wins Global Award For Fighting Animal Testing
    New Zealand banning animal testing of legal highs has been acknowledged with an award given in London. The New Zealand Anti-Vivisection Society (NZAVS) was awarded the 2014 LUSH Prize for lobbying against animal testing. The prize was given at the...
    Scoop politics | 21-11
  • Poor govt advice to workers on petrol station drive-offs
    The New Zealand Council of Trade Unions has raised concerns with the Ministry of Business, Innovation and Employment ('MBIE') regarding their reported advice to workers about the petrol station drive away issue....
    Scoop politics | 21-11
  • New Ombudsman opinion
    The Ombudsman has published his opinion on a complaint concerning the Police refusal to release information about a charging decision....
    Scoop politics | 20-11
  • Kindergarten support staff achieve pay rise in tough climate
    The valuable contribution of kindergarten support staff has been recognised with a pay increase, despite the significant funding cuts that the kindergarten associations are experiencing....
    Scoop politics | 20-11
  • Democracy and Conservative Religion: The Case of Islam
    “Is Islam compatible with democracy?” is a frequently-asked question. Recent rethinking of secularism and democracy have opened up new possibilities to think about religion and democracy. This question is important particularly in the case...
    Scoop politics | 20-11
  • NZ fiscal watchdog needed to guard the public purse
    New Zealand needs tighter fiscal rules and an independent watchdog to improve the quality of government spending and reduce the risk of a return to deficit spending as the country’s population ages, if not before....
    Scoop politics | 20-11
  • NZSMI disappointed ANZTPA proposal shelved
    November 20, 2014: Consumer healthcare products industry body, the New Zealand Self-Medication Industry Association (SMI) says it is disappointed Government has once again shelved plans to create one medicines regulatory agency for both New Zealand and Australia....
    Scoop politics | 20-11
  • Democracy Action Welcomes Tauranga Vote
    Responding to Tauranga Council’s unanimous vote not to establish separate Council seats on the basis of ethnicity, Lee Short, Democracy Action founder says: “The establishment of a Maori ward would have damaged the relationship between Maori and...
    Scoop politics | 20-11
  • Employer caught abusing new ‘teabreaks law’
    Employer caught abusing new ‘teabreaks law’ to exploit workers The government passed the controversial ‘teabreaks’ legislation only a few weeks ago and already Unite Union has caught an employer using this law as an excuse for ill-treating their...
    Scoop politics | 20-11
  • FGC response to Commerce Commission report
    The New Zealand Food & Grocery Council is not surprised by the Commerce Commission’s findings, given New Zealand’s current legal framework....
    Scoop politics | 20-11
  • Bascand: Brighter Money
    Seeing people’s initial reactions to the new banknote designs is a heartening reminder of what an important role currency plays in our lives, and what a sense of pride and heritage our notes evoke....
    Scoop politics | 20-11
  • RBNZ releases Brighter Money designs
    New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year....
    Scoop politics | 20-11
  • 25 years of children’s rights
    UNICEF and OFC celebrate 25 years of children’s rights with Just Play Sports Days On Universal Children’s Day (20 November) and as part of the Oceania Football Confederation’s (OFC) inaugural President’s Cup, UNICEF will celebrate 25 years of children’s...
    Scoop politics | 20-11
  • Xiamen delegation to Wellington has business focus
    Stronger business, education and cultural ties with our Chinese partners will be the focus when a 20-strong government and business delegation led by Xiamen Mayor Mr Liu Keqing which visits Wellington tomorrow (Friday) and Saturday as part of the...
    Scoop politics | 19-11
  • Warriors promote White Ribbon Day message
    Warriors promote White Ribbon Day message Shine and Orakei Health Services On Tuesday, the Vodafone Warriors will promote the White Ribbon Day message to the community at Eastridge Shopping Centre, Mission Bay. The Warriors are supporting their charity...
    Scoop politics | 19-11
  • Superannuitants to protest unethical investments
    A delegation of Auckland superannuitants will deliver a protest-card petition and protest letter to the New Zealand Super Fund this Thursday afternoon to call on the fund to divest from companies which support the Israeli occupation of Palestinian...
    Scoop politics | 19-11
  • Manukau job cuts ‘running the place into the ground’
    Manukau Institute of Technology (MIT) confirmed to its staff yesterday that 54 jobs will go before Christmas....
    Scoop politics | 19-11
  • Newcore Looks Pretty Rotten for Ratepayers
    Responding to the NZ Herald report that the IT system commissioned by Auckland Council to consolidate the eight systems the Super City inherited from its precursor councils could be facing a budget blowout of $100 million, Taxpayers’ Union Spokesman Ben...
    Scoop politics | 19-11
  • Accountability following quake response inquiry not achieved
    Lessons still need to be learned from the search and rescue efforts following the February 2011 earthquake in Christchurch, a leading New Zealand lawyer, Nigel Hampton QC, says....
    Scoop politics | 19-11
  • Our kids say: We are failing in our duty to protect them
    Our kids say: We are failing in our duty to protect them More than a quarter of Kiwi kids say children’s right to be safe and protected isn’t being upheld in New Zealand, identifying protection from violence, abuse and murder...
    Scoop politics | 19-11
  • PARS & Turuki Health Care collaborate on health and services
    Auckland-based PARS (People at Risk Solutions) have partnered with the Turuki Health Care Trust, to offer improved healthcare services to those in need. PARS works closely with former prisoners, providing mentoring, housing, and social services to ensure...
    Scoop politics | 19-11
  • Children’s Plea
    A plea has been sent to all Members of Parliament, regardless of party affiliation, to accord urgency and priority to children's issues. These issues include vulnerability, safety and childhood poverty....
    Scoop politics | 19-11
  • Treasury off track in search for sound policies
    Treasury is unlikely to find the ideas it is looking for to improve outcomes for children while its primary driver is cost-cutting, says Child Poverty Action Group....
    Scoop politics | 19-11
  • Commission calls for answers on handling of CERA harassment
    EEO Commissioner Dr Jackie Blue is deeply concerned about the way in which the State Services Commission has handled sexual allegations made against CERA chief executive Roger Sutton this week and is calling for answers....
    Scoop politics | 19-11
  • Ashley Dwayne Guy v The Queen: Appeal Upheld
    The appellant, Mr Guy, was found guilty by a jury of a charge of sexual violation by unlawful sexual connection. After the verdict it was discovered that, by error, the jury had been provided in the jury room with two...
    Scoop politics | 19-11
  • Zonta Club to Take a Stand Against Gender-Based Violence
    During the 16 Days of Activism against Gender Violence (25 November – 10 December), the Zonta Club of Wellington, along with members of the local community, will join nearly 1,200 Zonta clubs in 67 countries for the Zonta Says NO...
    Scoop politics | 19-11
  • New UNFPA report links progress and power to young people
    A UN report launched today calls for investment in young people as they are essential to social and economic progress....
    Scoop politics | 19-11
  • The Resignation with the Golden Handshake?
    Commenting on the settlement the State Services Commission has reached with former CERA CEO Roger Sutton, Taxpayers’ Union Executive Director, Jordan Williams, says: "Only in the public sector do you receive a payout for ‘resigning’....
    Scoop politics | 18-11
  • NZ must not turn a blind eye to China’s human rights record
    Amnesty International is calling on New Zealand’s Prime Minister John Key to raise China’s shameful human rights record during President Xi Jinping’s visit to New Zealand this week....
    Scoop politics | 18-11
  • The Resignation with the Golden Handshake?
    Commenting on the settlement the State Services Commission has reached with former CERA CEO Roger Sutton, Taxpayers’ Union Executive Director, Jordan Williams, says:...
    Scoop politics | 18-11
  • Treasury’s covert & extremely odd welfare consultation
    A report this morning that Treasury is ‘crowd sourcing’ ideas on welfare policy is news to Auckland Action Against Poverty, even though we are currently one of the most active groups in the area....
    Scoop politics | 18-11
  • NZ invites Pacific peers to review development cooperation
    New Zealand has volunteered to be the first development partner in the Pacific region to undergo a review of its aid programme by Pacific island peers. The review will focus on New Zealand’s development cooperation and will give greater insight...
    Scoop politics | 18-11
  • EPMU joins Pike River families to mark fourth anniversary
    Representatives of the Engineering, Printing and Manufacturing Union are proud to stand with the Pike River families to mark four years since 29 men lost their lives. “This is a particularly solemn day given the recent announcements of Solid Energy...
    Scoop politics | 18-11
  • 2013 Assessment of New Zealand’s National Integrity Systems
    SPEAKER TUILOMA NERONI SLADE: Former Judge, International Criminal Court in the Hague, former legal counsel at the Commonwealth Secretariat, Secretary-General of the Pacific Islands Forum 2008-2014. Introduced by Helen Sutch, Victoria University Council,...
    Scoop politics | 18-11
  • Green Party ignoring Waimea’s environmental benefits
    Green Party MP Catherine Delahunty has overlooked the environmental benefits the proposed Waimea Community Dam will bring the Tasman community, says IrrigationNZ Chairperson Nicky Hyslop....
    Scoop politics | 18-11
  • Women’s use of violence in violent relationships
    More than 80 percent of women who live with a physically violent partner will not initiate violence when they are not being hit, according to new research....
    Scoop politics | 18-11
  • Poor credit rating linked to poor cardiovascular health
    Poor credit rating linked to poor cardiovascular health A credit score doesn’t only boil down a person’s entire financial history to a single number and somehow predict their credit-worthiness, it might also be saying something about a person’s...
    Scoop politics | 18-11
  • State Services Commissioner on Roger Sutton Investigation
    State Services Commissioner Iain Rennie today said the investigation into Roger Sutton’s conduct was robust. Roger Sutton chose to resign as Chief Executive of the Canterbury Earthquake Recovery Authority (CERA) yesterday....
    Scoop politics | 18-11
  • Predator Free NZ project welcomed
    Federated Farmers and the conservation organisation Forest & Bird are welcoming the Predator Free New Zealand initiative as an ambitious but achievable project that will have real benefits for conservation and the economy....
    Scoop politics | 18-11
  • Stock rustling set to continue under lax laws
    The theft and illegal slaughter of farm stock can only be expected to continue if tougher laws are not introduced, said ACT Leader David Seymour today....
    Scoop politics | 18-11
  • Visit of President Xi Jinping to New Zealand
    As president Xi Jinping of China pays short visit to New Zealand, of Friends of Tibet (NZ) has called upon Foreign Minister Hon Murray McCully and the Prime Minister Rt Hon John Key to raise the issue of Human Rights...
    Scoop politics | 18-11
  • Right to Life Congratulates the new Labour Leader
    Right to Life congratulates Andrew Little MP, on being elected as the new leader of the Labour Party. This is a very important election as Andrew Little is now a Prime Minister in waiting His election follows a line of...
    Scoop politics | 18-11
  • Reply to open letter on earthquake repair in Christchurch
    You raise many points and I acknowledge the frustration some people are experiencing when their homes are still not repaired or rebuilt. We have consistently said that the scale and complexity of events has always meant that it will not...
    Scoop politics | 18-11
  • Andrew Little New Labour Party Leader
    In a press conference held on Tuesday in the Labour Party Caucus room at Parliament, it was announced Andrew Little had been voted in as Leader of the Labour party....
    Scoop politics | 18-11
  • Liam Butler interviews Professor Jay Kandampully
    Jay Kandampully is Professor of Consumer Sciences in the Department of Human Sciences. He also serves as a visiting professor at University of Innsbruck, Austria; Nanjing University of Science and Technology, China; and Furtwangen University, Germany;...
    Scoop politics | 18-11
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