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Prepare for another delay on that brighter future

Written By: - Date published: 8:12 am, January 19th, 2012 - 89 comments
Categories: Economy - Tags:

NZIER: economy flat-lining
Consumer confidence: down 11 points
Employment confidence: negative
International tourism: down another 3.3%
2012 growth in NZ: cut in half since Budget
World growth: slashed from 3.6% to 2.5%
Chance of NZ recession: 20% and rising
PM and Finance Minister: MIA

89 comments on “Prepare for another delay on that brighter future”

  1. Colonial Viper 1

    1) I’m amazed they are factoring in world growth at 2.5%. That seems high. It must rely completely on the BRICS countries. And China in particular has serious problems there. If the number was based on OECD countries only I suspect it would be 2% or less. Australia is now seriously slowing down.8How do countries (and individuals) pay back debt costing them between 3% pa (NZ) and 7% pa (Greece) relying on 2% pa growth?

    That’s right, they can’t. The world’s debt based private money system is going down the tubes.

    2) Never mind Key and English; Peter Dunne is in power and will save the day.

  2. vto 2

    Look, you silly eggs, listening to the World Bank’s projections on world growth is like listening to a real estate agent’s view on the housing market.

    The World Bank is in the business of growth. Without it they cannot survive so of course they are gong to spruik the situation. As always, follow the money.

    They have no credibility.

    btw, imo there aint no growth at the moment. Anywhere. They deceive.

    • Colonial Viper 2.1

      Yep. And both the World bank and the IMF are technically insolvent themselves. As are many of their member contributing/funding states.

      • Janice 2.1.1

        Yes and we have just borrowed from overseas banks (I presume as we haven’t much spare money ourselves from government accounts) $87 million to pay our “share” to the IMF to help bail out Greece. Presumably this money will then be paid back by Greece to the overseas banks and we will be stuck with the interest payments. Nice way to keep the money go round going and spread the rot.

      • Fotran 2.1.2

        CV

        Yes, they are insolvent, but I bet they have enough money left to pay themselves

    • King Kong 2.2

      Must take a fair bit of time and money monitoring the economic indicators and researching the growth potentials for every country in the world VTO.

      I trust that you carried out at least a little bit of research rather than just plucking that statement out of your arse.

      Maybe just a hint of irony with the references to credibility?

      • Colonial Viper 2.2.1

        Go back to primary school mate. We’re trying to have a serious conversation here.

      • vto 2.2.2

        Follow the money Little Kong. Surely you can see the conflict inherent in the World Bank commenting on world finances. I mean, would you believe everything a real estate agent would tell you about a house and the market if you were considering the purchase of the house being sold by that agent?

        It is a very simple matter and principle that has been applicable to near all human actions ever since humans sarted actioning.

    • Jenny 2.3

      World debt at over 200 times the size of total world GDP, is the biggest financial bubble of all time.

      The only question is, when will it burst?

      Meanwhile, back in Godzone, in the public discourse on the economy, at least one mainstream political party is putting all hope on “growing the pie”.

      How can Paul Shearer believe in this myth? When all his advisers, if they are worth their salt, will be giving him the real picture.

  3. dan hansen 3

    “World debt at over 200 times the size of total world GDP, is the biggest financial bubble of all time”

    The fact you believe that is a good example of how economically ilterate some of the left are…

    • Colonial Viper 3.1

      She’s counting unrealised derivative liabilities as well as other off balance sheet liabilities.

      I personally think her estimate is a tad high but by less than an order of magnitude. The point remains the same. The world has now accumulated more debt than future economic production and labour can ever pay back.

      And one of the oldest rule of finance: debts which cannot be paid back. Will not be paid back.

      • dan hansen 3.1.1

        No shes not – she has taken the true figure of 200%, mis read it and written 200x (see below link under 3rd chart)

        …and not had the ability or underlying sense to figure out its no way that its 200 x.

        http://www.zerohedge.com/article/total-global-debt-has-double-over-200-trillion-2020-preserve-economic-growth

        As an aside i highly doubt the unreleased derivatives at 200x global GDP – i suspect its more in the order of 10x…

        EDIT: shock horror the answer (deviatives as % of GDP) is roughly 10x not 200x http://www.wilmott.com/blogs/satyajitdas/index.cfm/2011/1/24/Derivative-Regulation-Dances–Part-1

        • Colonial Viper 3.1.1.1

          The true figure is NOT 2x global GDP!!!

          Sorry mate I already noted that she has used too high a number. But your wilmott link uses a 2008/09 numbers which do not include the full impact of QE and other shadow banking system loans from the Fed.

          And it doesn’t take into account the hyper-rehypothecation scam.

          In other words, whether you argue that total potential liabilities sit at 10x, 20x or 30x global GDP, you are merely arguing whether the Titanic is sinking in one hour, two hours or three.

          • vto 3.1.1.1.1

            Wha’s the “the hyper-rehypothecation scam”?

            • Colonial Viper 3.1.1.1.1.1

              http://www.zerohedge.com/news/kyle-bass-rehypothecation-and-other-keynesian-endgame-scenarios

              Imagine you get a mortgage to buy a home. Your home is treated as collateral by the bank. If you default on your mortgage payments the bank can hypothetically take possession of your house and make good on their loan to you.

              Now imagine if the collateral that your house represents was then used as collateral itself by the bank, to secure loans and leverage for itself. After all, both your promises to pay the bank back its loan over time backed by the underlying collateral of the house can be considered safe assets which the bank can choose to leverage off (get credit from) other financial institutions with.

              Now imagine if those other financial institutions, having been promised your house as collateral if your bank ever goes bad on that credit they have been given, decides to use that promised collateral as collateral themselves to gain further leverage into the financial system.

              And so on.

              The end effect is tens of millions of dollars worth of debt and potential derivative liabilites, hypothetically secured by a collateral chain which ends up back at your $400K house.

              Here’s the bad news. When things go wrong, and everyone suddenly becomes very interested in collecting down the chain for their collateral. But finds that there is fuck all there to offset total realised liabilities because the leverage on a single piece of collateral – your home – as become as near to infinite as makes no difference.

          • mik e 3.1.1.1.2

            The derivative food and commodity market is due to collapse soon like every other economic bubble has burst.

        • Jenny 3.1.1.2

          ….she has taken the true figure of 200%, mis read it and written 200x (see below link under 3rd chart)

          dan hansen

          Oops, I meant to type 20x.

          I was suffering from shock.

          My only excuse is that my mind had boggled at reading this figure, and in my panic my fingers typed the conflated figure.

          Sorry for that, my weakness is, that occasionally I suffer from panic attacks. And this time I was deeply shocked and truly alarmed at the enormity of the problem.

          Thank you Dan for correcting my error.

          My apologies to everyone.

    • prism 3.2

      dan hansen
      “World debt at over 200 times the size of total world GDP, is the biggest financial bubble of all time”
      The fact you believe that is a good example of how economically ilterate some of the left are…”

      And the fact that you are just questioning and deriding the figures produced is a good example of how uninterested you are in how bad the real figures and real situation is through malicious and unscrupulous manipulation of the financial system. You don’t care though. You will still be arguing about the level of disaster – whether it’s a grade one or ten – when it arrives in its full entirety to wipe out most of the personal prosperity relying on this system.

  4. Jenny 4

    As the world economy contracts. Instead of aspirational talk about growing the pie. Shearer should be preparing our side for the coming recession.

    No more bail outs for the rich.

    Bailing out all our children in poverty already.

    Removing GST off all food.

    Reversing the Nats increase in GST.

    Bring in a FTA to catch the financial speculators who are running our economy over a cliff.

    Increase the top tax take for those living in absolute overabundance while many are facing absolute ruin.

    • John D 4.1

      There was an interesting interview on Stratos a while back with the President (or PM?) of Iceland. When they defaulted they didn’t bail out the banks and all the private investors took a haircut.

      The main thing is that they got the IMF off their back, and are still living as a free country (unlike Greece and Italy who have their puppet leaders installed by the banks)

      I think there are some laws around non-government bailouts of banks in NZ. Mind you it didn’t stop SCF or those dodgy finance companies.

      • Colonial Viper 4.1.1

        You”re facts on the NZ situation are a bit out. Labour introduced legislation backstopping the banks in the immediate aftermath of the GFC.

        Problem was that National mismanaged the process and cost the tax payer over a billion dollars by backstopping SCF speculators and scammers.

      • Jenny 4.1.2

        The reason democracy in Greece and Italy has been suspended, is because the people were calling on their respective democratically elected leaders to do an Iceland as well.

        In Greece the bankers (and the CIA) also spread threats and rumours of an armed military coup if the bankers didn’t get their way.

    • Draco T Bastard 4.2

      Shearer should be preparing our side for the coming recession.

      This is what Shearer and all politicians should be looking at. Won’t happen though as they’re all too tied into the delusional growth meme needed to maintain capitalism.

      • Colonial Viper 4.2.1

        And its not a coming “recession”. The term indicates a regular down business cycle expected to pick up again in a year or two.

        This is our entry into a Great Depression. For tens of millions of Americans and millions of Irish, Greeks and Spanish its already started.

        And since asset/debt deflation driven Depressions tend to continue on for 10-20 years (we are about 4 years into that now), by the time we have a chance of coming out of it – energy depletion will be severe.

        My pick – there will be no net economic growth per capita for a generational time span.

        Our economic world is no longer driven by business cycles. A major secular change is playing out before our eyes. I ask you – what does a world economy labouring under peak oil look like. And I answer you in turn: just look around.

  5. blue leopard 5

    Draco T Bastard,

    Is there an alternative to the delusional growth meme? I’d like to know more. Any good links you recommend?

    • Draco T Bastard 5.1

      Try reading the link I posted but generally speaking we’d need:

      1.) Zero population growth
      2.) A good estimation of the carrying capacity of the country (How much resources per time period we actually have available)
      3.) No interest rates (They’re the main driver of growth)
      4.) Democratically distributed resources

      • John D 5.1.1

        Don’t we already have zero population growth? (Excluding immigration)

        I thought NZ was one of the few western countries where we are breeding at replacement rate. Most European countries are breeding at less than replacement rate.

        • Colonial Viper 5.1.1.1

          Why do you exclude immigrants. Do they not use land water and food. Seriously you should check out the Stats projections out to 2028 and 2031.

          • John D 5.1.1.1.1

            “Why do I exclude immigrants”. Because I am referring to the birthrate.
            I am referring to the replacement rate of the current population.

            Sure, we can stop immigration and maintain a steady state economy. Go for it.

    • Colonial Viper 5.2

      http://steadystate.org/

      Static state economy. Impossible in a debt based capitalist system where continuous interest charges on money lent into existence demands ongoing growth to pay it back. Without growth in such a system – massive debt burdens arise and loans become unrepayable.

      • Peter 5.2.1

        Not quite. I think too many people assume that the debt-based / interest-bearing money system is axiomatic, and that some giant revolution is necessary to change it. It’s not – we lend money at interest and create debt simply because for 400 years, it worked!

        Each year, more energy was extracted from the earth than the year before, allowing the debts, with very few exceptions, to be repaid, or at least serviced acceptably. As the world’s energy supply runs down, back to renewable levels, the financial system, or the “tertiary economy” to borrow a term, will adapt.

        That adaptation will happen, it’s just whether it happens in a humane way or not that is my key question.

  6. All bodes well for the future of the Labour/Green ponzi savings scam doesn’t it?

  7. Bill 7

    I sometimes wonder what ‘brighter future’ it is that people envisage under a continuation of trade dictated by market principles. There is no brighter future down that particular route, is there?

    Correct me if I’m wrong, but the market’s profit motive trumps environmental concerns such as climate collapse and whatever other negative environmental consequences economic growth ‘gifts’ to us.

    And as workers and consumers the economic chains that bind us to this screeching train wreck of an economic system are gouging and debilitating us. The days of supposed personal advancement through a general increase in material well being are gone. Now-a-days, success is reasonably viewed as an ability to tread water.

    Should we really lament this possible slow passing of such a state of affairs? Is it in any way useful or empowering to hark on about the supposed financial mis-management of a hopeless situation and yearn for a brighter future from what is, as said above, a screeching train wreck?

    Surely any ‘brighter future’ comes after the wreckage has come to rest…although I can’t see how ‘brighter’ flows from societies that have been laid to waste.

    Perhaps more realistically, a brighter future comes through seeking and formulating strategies whereby we can, individually and collectively, extracate ourselves from this tumbling morass. And realistically, that cannot involve any forlorn appeal to existing centers of authority and power. Their continuation is, afterall, necessarily and inexorably bound to the status quo or some slight variation there of. So much so, that where once power was secured by keeping people mollified through increased materialism, power will be secured through increasingly repressive means. And the same screeching, tumbling economic wreckage will continue to unfold, all the while ejecting ever greater numbers of us from it’s confines (even as we cling ever tighter and fearfully to it’s edges) into a wider, unresourced and unorganised world of uncertainties and insecurities.

    So there it is. Maybe we should simply place our faith in a new configuration of the same powers espousing essentially the same values and holding the same goals as the ones we are increasingly disenchanted with and wait for the ‘good times’ to roll again?

    • Colonial Viper 7.1

      The down side of the future is a potential return to an oppressive feudalism.

      There is still a chance for Greer’s “eco-tecnic future” to come about.

      Correct me if I’m wrong, but the market’s profit motive trumps environmental concerns such as climate collapse and whatever other negative environmental consequences economic growth ‘gifts’ to us.

      Its worse when major shareholders are foreign, ten thousand miles away, and who will never see the waterways which are clogged up with pollution and our communities falling into poverty because of capital extraction and expatriation.

      • prism 7.1.1

        The Nigerians set themselves on fire spectacularly trying to siphon off a bit of the oil natural resource their area produces, in lieu of any worthwhile monetary value returning to them. At present we in NZ are not reduced to that dangerous expediency but farmers are having stock regularly siphoned off their large holdings, and some of these are owned by overseas interests.

        There are probably no go areas on some farms where there is marijuana growing and man traps to protect it. Just not as much publicity about farm problems as comes when people are killed and injured on the roads, safer news to report.

      • Bill 7.1.2

        I don’t buy into the ‘foreign shareholders bad’ argument. I mean, are you suggesting (for example) that NZ owned paper mills gave a flying monkey’s about the state of the rivers any more or less than if they had been owned by foreigners?

        People are people. And people seeking returns from market driven modes of production and distribution are bound by the same market rules, regardless of their or their businesses location.

        Have any business types anywhere, bar a damned few, given much of a toss about people falling into poverty? Isn’t it the disparity between the wealthy and the poor that motivates some in the first place and that retrospectively justifies their actions in many cases? (The supposed necessity of their activities/actions given the threat of potential poverty?)

        • Peter 7.1.2.1

          There is actually a strong case to be made for foreign owners actually improving on kiwi management, due to either having more capital to improve on business practices, or simply, just caring more.

          The large dairy farm in the Maniototo at Patearoa is a case in point. Since being bought by Harvard University’s endowment fund, it has seriously improved its environmental performance.

          • insider 7.1.2.1.1

            US companies IME like to do things the same way. If US law says X is the standard then that becomes the standard globally. Seems to be a risk management issue around litigation. That can bring a range of improved standards quickly into our market that we’d take years to develop. On the negative side it can be very burdensome in terms of compliance cost to impose global systems locally just because of scale issues – hammer to crack nut.

            • Bill 7.1.2.1.1.1

              If US law says X is the standard then that becomes the standard globally.

              Uh-huh. So no US firm would deny the right of workers to bargain collectively?
              No US firm would tacitly support the killing of unionists?
              No US firm would attempt to circumvent any country’s environmental legislation?
              No US firm would knowingly produce any harmful product anywhere or distribute said product anywhere?
              No US firm would conspire to overthrow any country’s democratically elected government?
              And so on?

              ‘Cause them’s all comprised of law abiding ‘good guys’?

  8. randal 8

    yes nz is still an areaof recent settlement and the coupon clippers dont give a stuff as long as the limo is there to take them out to the ritz for morning tea.
    in the immortal words of alfred e neuman….yetccccch.

  9. prism 9

    Lunchtime quote from World Bank economist Luke Riordan? that the ‘contagion’ from the European economic difficulties could lead to recession. No mention of the USA – everything that’s bad in our world economy now is connected only with Europe if you listen to the commontaters – potato heads all.

    • Colonial Viper 9.1

      Japan is going under before long. Europe this year – Japan year after next?

      • prism 9.1.1

        Surely not Japan – they are well known savers and if we only saved we and our economy would be marching into a bright future together?

        • Colonial Viper 9.1.1.1

          Quite correct. And that savings mentality is why the Japanese govt can still afford to operate at a debt to GDP level of 200%.

          HOWEVER they are now in a situation where approximately 49% of every tax dollar they obtain is spent in debt servicing.

          If Japan’s rate of borrowing goes up from 2% to 4%…its sayonara.

  10. james 111 10

    Yes its tough times all right ,and im sure everyone is glad we have a fiscally prudent Government in control. One that knows how to pull us out of the bad times . Versus one that just wastefully Consumes money as fast as it comes in. I think most people would back a Government with people in its ranks with considerable business skills , versus a would be government that is full of Teachers ,accademics ,and ex union delegates

    • vto 10.1

      What business skills does John Key have? I don’t recall he has ever owned a business, let alone created one from scratch. None.

      Bill English? None.

      Gerry Brownlee? School teacher. None.

      Nick Smith? None.

      David Carter? Well, considerable inherited wealth and capital movement skills I suppose, but they are very different from business skills.

      Steven Joyce? Perhaps, although look at what that led to…. dodgy taxpayer favouritism loan to the people who bought his business. Not good.

      What experience have these people got in “pulling themselves out of the bad times”? Perhaps you could be more specific. Or just continue to waste time and space.

      • John D 10.1.1

        If they were successful in business they wouldn’t be in politics

      • insider 10.1.2

        ” John Key have? I don’t recall he has ever owned a business, let alone created one from scratch.”

        So you have to start or own a business is the rule of business man definitions? So all those CEOs/GMs/MDs etc are basically irrelevant is what you are saying…not qualified as a ‘Businessman”. BTW KEy owns a vineyard, so miraculously now passes your test.

        “David Carter? Well, considerable inherited wealth and capital movement skills I suppose, but they are very different from business skills. ”

        Carter started his own company to do with artificial insemination/embryo transplant in cattle. Last I heard farming was a business too. Maybe do some research rather than doing off the top of your head?

        “Steven Joyce? Perhaps,… ”

        Perhaps? he started it. He owned it. He ran it. What will it take to get a qualification from the VTO school of Business?

        • Draco T Bastard 10.1.2.1

          So all those CEOs/GMs/MDs etc are basically irrelevant is what you are saying…

          Yep but for different reasons. Those CEOs, GMs and MDs are no better connected to reality than is National and Act.

        • felix 10.1.2.2

          “So all those CEOs/GMs/MDs etc are basically irrelevant is what you are saying…not qualified as a ‘Businessman”.”

          Yes, in this context. Most are entirely unconnected with running or owning the business they work for.

          “BTW KEy owns a vineyard, so miraculously now passes your test.”

          Really insider? How on earth could you possibly know what Key owns?

          • Colonial Viper 10.1.2.2.1

            A businessman puts his own money on the line.

            Whereas Key made his fortune gambling with other people’s money.

            John Key is roughly as much a businessman as an able card dealer at the casino.

            And now, Key’s just a capitalist owner. If he does own shares in a vineyard – so what. He doesn’t do any of the hiring and firing, he doesn’t have to get up in the middle of the night to check on the frost, he doesn’t have to negotiate contracts with the big wineries.

            He simply owns, while actual workers get on with doing all of that boring tedious stuff.

          • Jum 10.1.2.2.2

            Felix,

            ‘“BTW KEy owns a vineyard, so miraculously now passes your test.”

            Really insider? How on earth could you possibly know what Key owns?’

            LOLZ.

            His name is ‘insider’ Felix. Nod, nod, wink, wink.
            Key “I have a blind trust”. (crosses fingers behind his back and the nose grows ever longer…)

          • Hami Shearlie 10.1.2.2.3

            Maybe this information should be passed on to John-John – he claims not to know what he owns! Now at least we know that SOMEONE knows!

          • insider 10.1.2.2.4

            Because I read it right here in the Standard… proof of your hotline to the beehive mayhap?
            http://thestandard.org.nz/amazing-coincidences/#comment-273824 http://thestandard.org.nz/open-mike-19122011/#comment-419303

            • felix 10.1.2.2.4.1

              Irony is completely wasted on you isn’t it?

              • Jum

                Felix,
                And while I was checking insider’s wee links to say The Standard informed him I discovered a piece about John Key’s blind trust, the ‘something Cow’ with his wife and himself owning thousands of shares. At the bottom of the form it stated all shareholders had voted not to have an auditor. How can you vote to not have an auditor if you don’t know you have shares.

                Interesting too, is that the vote on having your business audited or not does not have to be notified to the Companies Office now.

      • mik e 10.1.3

        Conmankey
        Double Dipstick
        Bully brownoselee
        Philandering smith

    • Colonial Viper 10.2

      One that knows how to pull us out of the bad times . Versus one that just wastefully Consumes money as fast as it comes in.

      You are a silly billy.

      Money can’t be destroyed (unless you pay back a bank loan). Money either circulates or it is hoarded (usually by the few and the wealthy).

      If money circulates the normal activities of commerce, business and living can be conducted easily and quickly.

      If money is hoarded out of the community into the hands of a few – communities starve. Because in our capitalist system very little activity can occur without the exchange of money.

    • Draco T Bastard 10.3

      Wow, you really are living in Lala Land. That “fiscally prudent” government has increased debt by about $18b over the last couple of years, hasn’t increased the nations income any (in fact I wouldn’t be surprised if it had gone down) and is building roads with B/C ratio of less than one when the figures they were using were more favourable which Peak Oil has now shown as complete twaddle.

      • Colonial Viper 10.3.1

        But its all the GFC’s fault! Nothing that a free market worshipping Govt can do against the wisdom of the markets!

        Amazing Key and English have done so well when Cullen left such a mess of deficits and debt for the incoming National Government!!!

        lol

      • prism 10.3.2

        It seems strange that the NACTS are basing our continuing economic activity on repairing the bad results of disasters such as Canterbury. The rehashed methanol plant will employ about 120 full time employees as contractors while they are checking, repairing and preparing for opening. Then there will be a core of full time employees quite small I think and the rest contractors.

        Then there is road laning to be done before March, paid for by whom? It is all useful activity for feeding into national economic indicators. Has any economist come up with planned destruction as a means of keeping a tired economy in growth mode?

        • Colonial Viper 10.3.2.1

          I hear Libya has about US$100 billion of post-’liberation’ infrastructure repairs needed. That must be good for someone’s economy.

    • Jum 10.4

      james 111

      Your stupidity leaves me breathless.

      You are so LOL.

    • mik e 10.5

      jim anderton was the most successful businessman in parliament for years jturd.
      Labour has a much better record at running the economy jturd.
      Bills English the worst finance minister in the history of this country
      Double dipping double downgrade dipstick!

  11. randal 11

    the nashnil gubmint is not there for the good of the country.
    they are there to loot the states assets and anything else they can get away with.

  12. John D 12

    Why don’t we get rid of the ETS while we are at it? That is the biggest rip-off ever invented.

    A massive transfer of wealth from the citizens to corporations.

  13. John D 13

    This is where it gets crazy

    http://eureferendum.blogspot.com/2012/01/beyond-surreal.html

    The UK govt has to find 19billion pounds to fund the IMF. It has to borrow that and add it to its nearly 1 trillion pounds of debt.

    As the article says, beyond surreal.

  14. Jum 14

    So, the IMF is going to give money to needy governments, but first it has to extract the money from needy governments – fascinating.

    Also, corrupt, greedy, unnecessary…

    • mik e 14.1

      Then it imposes austerity on govts who,s taxes then decline needing an even bigger payout.
      Most of these countries are in the EU and can’t lower their exchange rate print money etc so they only have the austerity option.

    • Colonial Viper 14.2

      They’re not interested in extracting money from those indebted countries. Remember, the IMF and the World Bank are just operational tools of TPTB.

      Their job now is to facilitate sovereign asset stripping for their masters, allowing the global top 0.01% to take ownership of Greek assets for cents on the dollar.

      PS add the BIS and the CME to the list

      • Colonial Viper 14.2.1

        NB TPTB are aware that printed fiat dollars are ultimately worthless in an energy and physical resource constrained environment.

        Only hard assets count. Ports, energy companies, road, rail, productive land.

  15. randal 15

    germany 1920′s.
    ldc’s 1980′s.
    nothings changed.

  16. tsmithfield 16

    We are already in a much brighter future than most of the world.

    • Hami Shearlie 16.1

      Yep, it’s brighter here alright -but only from loss of ozone – all we get from the brighter future here is skin cancer and sunburn!!!

  17. james 111 17

    Do you believe that the Maritime union has got good support from the Labour Party on this issue seeing they donated $18500 to the Labour Party for the Election.
    Havent heard anything from Shearer yet

    • felix 17.1

      What what what???

      You mean the Labour Party isn’t just a political mouthpiece for it’s big donors?

      What kind of fucking politics do you call THAT?!?!

    • lprent 17.2

      You have an interesting view of the world. That the only reason to give money to political parties is to extract support from them? After watching The Good Wife recently, I’d have to call that as being so very American (or National party)….

      Tell me, do you apply the same viewpoint to donating to charities as well? Because that is the closest thing I know of to how most on the left (and many on the right here) view contributions to political parties.

  18. After reading all above I must say Im still rather confused on financial matters/ .So perhaps some one in the know would tell me how an American Firm of accountants can downgrade a vast country just by adding a plus or minus sign. Therfore creating mass unemployment. Its well beyond me,and who the hell are Standards and Poor?

    • Colonial Viper 18.1

      Standards and Poor, Fitch and Moody’s are part of the hired muscle in the bankster sovereign takeover scam.

      First the banksters get you, your country and your companies into debt and needing more debt. The price that debt comes at is determined by the mates of the Banksters, the credit ratings agencies (named above).

      You keep those mates sweet, and you can access further debt cheaply. You piss them off for any reason (or sometimes no reason) and they will make sure the other way you can access additional funds it by giving up an arm and a leg.

      At a given time, when TPTB decide they want to take over your country and your life, their mates the Credit Ratings Agencies will make it so hard for you to get additional funding, that your only way out is to get all your shit repossessed by your creditrs (the big banksters) at cents in the dollar. If you look at Greece, hard assets are what TPTB want these days. Ports, airports, roads, farm land, property, electricity infrastructure, virgin daughters, a people in intergenerational indentured servitude forever more.

      NB many pension funds and investment funds have rules stipulating that they can only invest in “AAA” rated investment assets. So TPTB paid the ratings agencies to give AAA ratings to a whole lot of toxic false assets which were then bought up by these pension funds, university endowment funds etc.

      Of course, the AAA ratings were a farce, and the banksters offloaded their toxic false assets on to the unsuspecting, at top dollar just in time before they blew up. Our pension funds get wrecked, while the banksters make a billion.

  19. foreign waka 19

    Consider this – The Fed is an independent corporation. It has been so since the 70′s. Their product is the US $, yes the currency itself is a commodity and traded as such. The American President has absolutely no influence over the nations financial future. To make sure that the recent loss of value of the US$ is regained in the world market the biggest impediment has to be removed: the Euro. Very successful until recently, even so much so that no one wanted to invest in the product of the Fed, hence the value kept dropping. Actual production value is not existent anymore in the States as all is contracted out to India and China so someone has to buy those bonds. China did and effectively has now the US economy by the short and curlies. This in turn has wider repercussion in the World Economy at large. Never in human history have people been so powerless as right now. So the question is whether the kids of the “greed is good” generation will and can make a difference. Because nothing short of a radical change is needed – in many ways.

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    Labour | 19-08
  • Public servants behaving with more integrity than their masters
    The State Services Commission's new report on the integrity of our state services reflects the yawning gap between the behaviour of public servants and that of their political masters, Labour's State Services spokesperson Maryan Street says. “This report, which surveyed...
    Labour | 19-08
  • Phil Twyford Speech to NZCID
    "Labour's plan to build more and build better: how new approaches to housing, transport and urban development will deliver cities that work" Phil Twyford, Labour Party spokesperson on housing, transport, Auckland issues, and cities.  ...
    Labour | 19-08
  • Labour commits to independent Foreign Affairs and Trade
    “Labour is committed to New Zealand’s Foreign Affairs and Trade policy being independent and proactive, Labour’s Foreign Affairs spokesperson David Shearer says. “We are a small but respected country. Our voice and actions count in international affairs. Labour will take a...
    Labour | 19-08
  • Coalition for Better Broadcasting – Auckland Broadcasting Debate 2014
    Coalition for Better Broadcasting – Auckland Broadcasting Debate 2014...
    The Daily Blog | 01-09
  • Petition for Governor General of New Zealand to Investigate all the allegat...
      Now we see the inquiry will be a whitewash, that is secret, won’t be consulted with the Opposition, will have limited scope and will ignore Nicky Hager’s book, we must demand the Governor General step in and demand an...
    The Daily Blog | 01-09
  • Ashburton, 1 September 2014
    I NEVER WENT BACK to Aramoana after the killing. I had been a frequent visitor to the tiny seaside village back in the late 1970s and throughout the 80s. Its tall cliffs and broad beaches providing a colourful backdrop to...
    The Daily Blog | 01-09
  • Checkmate in 1 move – how could Slater have known what was in OIA request...
    And now we get down to the final few moves before checkmate. If the following investigation is right, how could Slater and Collins have known what was in the Secret Intelligence Service Official Information Act request that hadn’t been released...
    The Daily Blog | 01-09
  • The Edge Posts Naked Photos Of Jennifer Lawrence Without Consent
    Today the Edge website – owned by Media Works – published fully naked photographs of Jennifer Lawrence without her consent. It is not OK to publish naked media of any woman without her consent, full stop. It is absolutely disgusting...
    The Daily Blog | 01-09
  • Bomber, Laila and Maggie – a highlight from Auckland Broadcasting Debate ...
    Bomber, Laila and Maggie – a highlight from Auckland Broadcasting Debate 2014...
    The Daily Blog | 01-09
  • Jeremy Wells’ Mike Hosking rant on Radio Hauraki: Today, how good was I i...
    Jeremy Wells’ Mike Hosking on Radio Hauraki...
    The Daily Blog | 31-08
  • Maggie Barry slags Laila Harre & blogger, audience erupt
    The Coalition for Better Broadcasting held their public meeting in Auckland last night and it became a fiery shouting match when Maggie Barry decided to slag Laila Harre and me off. 250 people packed into the Pioneer Hall off High...
    The Daily Blog | 31-08
  • It has to be a full independent public inquiry and Key MUST front
      You know things are bad when images like this start appearing in the media.  It isn’t a ‘left wing conspiracy’ to point out the over whelming evidence of what is clearly a right wing conspiracy! If it looks like a conspiracy, sounds like a conspiracy...
    The Daily Blog | 31-08
  • Political Party social media stats – National playing Dirty Politics on s...
    Interesting data from friend of the blog, Marty Stewart, on social media likes and it shows an interesting question that post Dirty Politics should probably get asked…   …it’s interesting that Key has so many personal followers.  One wonders if...
    The Daily Blog | 31-08
  • The depth of the National rot and the compliance of our news media
    I’m so tired. Aren’t you? I don’t want to read the news anymore. It’s awful and I feel ashamed of it. We live in a country that people all over the world would give an arm, a leg; their life...
    The Daily Blog | 31-08
  • Conservative Party candidate links smacking ban with suicide, sexually tran...
    If Chemtrails, faked moon landings and climate change denial weren’t enough, welcome to your new Minister for Spanking,  Edward Saafi... The anti-smacking law is to blame for youth suicide, youth prostitution and even sexually-transmitted infections, a leading Conservative party candidate...
    The Daily Blog | 31-08
  • A brief word on the canonisation of Matthew Hooton
    Before we all start the canonisation of Matthew Hooton, let’s consider some home truths here shall we? While the Wellington Ruminator Blog, the blog who was previously mates with Judith Collins, now seems to have a crush on Matthew Hooton… …I...
    The Daily Blog | 31-08
  • A brief word on undercover cops in bars
    Dunedin police booze operation labelled ‘creepy’ Undercover police officers drank in Dunedin bars as part of an operation targeting liquor licensing offences. While police said the inaugural operation was a success — with most bars found compliant — the Hospitality...
    The Daily Blog | 31-08
  • Judith Collins press conference
    Judith Collins press conference...
    The Daily Blog | 31-08
  • GUEST BLOG: Angry Lawyer – Collins, Odgers, Williams and legal ethics
    We deserve better lawyers than Judith Collins Three of the worst offenders exposed in Dirty Politics are lawyers: Judith Collins, Cathy Odgers, and Jordan Williams. What Nicky Hager exposed them doing would be out of line for anyone, but from...
    The Daily Blog | 31-08
  • GUEST BLOG: Pat O’Dea – Necessary Defence
    Increasingly climate change is becoming the main fracture line between political parties. Where political parties stand on climate change defines political parties and movements like no other issue. The Mana Movement like the Maori Party it sprang from, came out...
    The Daily Blog | 31-08
  • Why it is all over for John Key
    Image: Melanie D I’ve been confident that National will lose this election and that our focus should be on what a progressive Government needs to establish as its agenda in the first 100 days. Past that point, the establishment pushes back...
    The Daily Blog | 31-08
  • A brief word to everyone who voted National in 2011
    I received this interesting email from a National Party supporter today… …let me say this to anyone who voted National last election – you should be ashamed by what has been revealed and what your vote ended up enabling but...
    The Daily Blog | 31-08
  • EXCLUSIVE: Déjà Vu All Over Again: John Ansell confirms his participation...
      THE MAN BEHIND the Iwi-Kiwi billboards that very nearly won the 2005 election for Don Brash and the National Party has confirmed his involvement in businessman John Third’s and former Act MP Owen Jennings’ campaign to drive down the...
    The Daily Blog | 31-08
  • Public Broadcasting Auckland debate 6.30pm tonight now with Colin Craig &am...
    The Coalition for Better Broadcasting debate on public broadcasting happens tonight at 6.30pm in Auckland at the Pioneer Women’s Hall, High Street, Auckland City.  In the light of Dirty Politics and the manipulation of the media, public broadcasting is more important for...
    The Daily Blog | 30-08
  • Winners & Losers in Collins sacking plus what’s the latest on Slater...
      Make no mistake, there was no way this was a resignation, it’s a face saving way out for Collins, she was sacked.  My understanding is that National internal polls are haemorrhaging and that the powers that be within National...
    The Daily Blog | 30-08
  • Third party propaganda attacks incoming Labour-led government
    . . Further to a report by Daily Blogger, Chris Trotter, on receiving information regarding planned attack-billboards, the following billboard is highly visible to traffic on the southbound lane of the Wellington motorway, just prior to the Murphy St turn-off....
    The Daily Blog | 30-08
  • Labour wins the Internet
    I’m sure I’m not the only one who tried to vote online for the leaders debate and couldn’t because the website was down. The next option was the txt vote, 75c a pop of course. So I’m not surprised that...
    The Daily Blog | 30-08
  • GUEST BLOG: Anjum Rahman – Rotherham and the need to challenge willful bl...
    I haven’t been following the events in Rotterham too closely.  I’ve read about the basic issues and the culture of silence that stopped action been taken even after complaints were made.  That culture of silence is incredibly familiar, and described...
    The Daily Blog | 30-08
  • Review: Hairspray
      Oh Hairspray! What fun! Somehow I managed to miss the movie when it came out, I had no idea really what it was about though I felt it had a vague relation to High School Musical. In retrospect, that...
    The Daily Blog | 30-08
  • Mounting global pressure against Timor-Leste’s ‘death sentence’ media...
    East Timor’s José Belo … courageous fight against ‘unconstitutional’ media law.Image: © Ted McDonnell 2014 CAFÉ PACIFIC and the Pacific Media Centre Online posted challenges to the controversial ‘press law’ nine months ago when it emerged how dangerous this draft...
    The Daily Blog | 30-08
  • GUEST BLOG: Curwen Rolinson – Spies, Lies and When Campaigns Are Fried
    Like most of the rest of the nation’s political classes, I was eagerly affixed to TV One from 12:30 on Saturday afternoon to witness the downfall of Judith Collins.Whenever we witness the crumbling of a titan of the political landscape...
    The Daily Blog | 30-08
  • BREAKING: Whaleoil crushes Crusher
    Judith ends up shooting herself A new email has been released suggesting that Collins was attempting to undermine the head of Serious Fraud Office with the help of far right hate speech merchant Cameron Slater. Unbelievable!   She has been forced...
    The Daily Blog | 30-08
  • BREAKING: Rumours Judith Collins gone at lunchtime
    Brook Sabin first of the mark with rumours Judith Collins is about to resign – PM announcing a statement at 12.30pm… …Paddy follows… …Vance confirms..   …if Collins is gone by lunchtime, it will be because the PM understands the...
    The Daily Blog | 29-08
  • BREAKING: UPDATE on DIRT ALERT!
    Thanks to the information passed to Chris Trotter by “Idiot/Savant” from No Right Turn it is now possible to identify at least some of the persons involved in this latest example of attack politics. What follows is Chris’s response to Idiot/Savant’s timely assistance: Well done...
    The Daily Blog | 29-08
  • Comparing burning puppets, hip hop lyrics and drunk student chants to black...
    Watching the mainstream media try and obscure Cunliffe’s surprise win in the leaders debate  is a reminder the Press Gallery is in depressed shock. The current spin line from the Wellington bubble media in the wake of Dirty Politics is that...
    The Daily Blog | 29-08
  • Why has it all gone quiet on Charter Schools?
    They’re one of ACT’s flagship policies and the National Party have been gung ho in supporting them. So how come we’re not hearing Hekia Parata, Jamie Whyte, Catherine Isaac, et al singing from the rafters about what a resounding success charter...
    The Daily Blog | 29-08
  • Moment of Truth – September 15th – Auckland Town Hall
    Moment of Truth – September 15th – Auckland Town Hall...
    The Daily Blog | 29-08
  • EXCLUSIVE: Dirt Alert! Are the Greens and Labour about to become the target...
    WE’VE SEEN IT ALL BEFORE. In 2005 pamphlets began appearing all over New Zealand attacking Labour and the Greens. For a couple of days both the parties targeted and the news media were flummoxed. Who was behind such an obviously...
    The Daily Blog | 29-08
  • The Donghua Liu Affair: the Press Council’s decision
    . . 1. Prologue . The Donghua Liu Affair hit  the headlines on 18 June, with allegations that David Cunliffe wrote a letter in 2003,  on  behalf of  business migrant, Donghua Liu. Four days later, on Sunday 22 June, the...
    The Daily Blog | 29-08
  • The difference between Cunliffe & Key in the debate
    It was with much interest that I watched the leaders debate on Thursday night.  I watched with an open mind, always happy to have my opinion changed.  Maybe John Key is all the wonderful things that many say about him,...
    The Daily Blog | 29-08
  • GUEST BLOG: Denis Tegg – When Did We Agree To Our Data Being Shared with ...
    New shocking evidence has emerged from Edward Snowden’s trove of documents about a program called ICREACH under which data collected by the GCSB is shared with 23 US spy agencies. Under new sharing agreements which appear to have commenced immediately after...
    The Daily Blog | 28-08
  • Why Internet MANA are the best political friends the Greens could ever get
    Metiria at last nights #GreenRoomNZ: standing on the shoulders and camera cases of giants  NZers, regardless of political spectrum or apathy level, have a wonderful beach cricket egalitarianism about us. If we can objectively conclude a winner, then that person...
    The Daily Blog | 28-08
  • Sick of the Sleaze? Protest against National’s dirty politics THIS SATURD...
    Sick of the Sleaze? Protest now dammit! Three weeks before the election, action is being taken across the country voicing a rejection of the National Government’s track record and direction. Rallies are being held in Auckland, Wellington, Christchurch and Dunedin...
    The Daily Blog | 28-08
  • GUEST BLOG: Sir Edmund Thomas – Address at Nicky Hager public meeting
    I regard it as privilege to chair this public meeting. I have long had the greatest admiration for Nicky Hager’s work, and nothing I have read or heard in the media over the past week or so has caused me...
    The Daily Blog | 28-08
  • Labour and New Zealand Superannuation
    The kerfuffle in the wake of Nicky Hager’s Dirty Politics has had a detrimental impact on our discussion of economic policies. Signs are that the main beneficiaries of the dirty politics revelations will be Winston Peters and Colin Craig; certainly National suffered...
    The Daily Blog | 28-08
  • Coalition for Better Broadcasting – Mike Hosking and the Leader’s Debat...
    A few weeks ago I blogged that Mike Hosking was a terrible choice as moderator for the TV One Party Leader’s Debate, because he is so embarrassingly biased in favour of John Key. So I watched the show with curiosity,...
    The Daily Blog | 28-08
  • Democracy and Cancer: A critical analysis of Dirty Politics
    Twenty years ago, England’s renowned television playwright Denis Potter died of pancreatic cancer.  Readers may recall his two masterpieces ‘Pennies from Heaven’ and ‘The Singing Detective’.  During a final television interview with Melvyn Bragg, Potter declared that he had named...
    The Daily Blog | 28-08
  • Cunliffe beats Key in First Leaders debate
    I watched the First Leaders debate at the Green Party #GreenRoomNZ, they were very kind to include me and the atmosphere was great. The debate was a resounding victory to Cunliffe. He won Round 1, Round 2, Round 3 and...
    The Daily Blog | 28-08
  • LIVE STREAM: The Green Room Leader’s Debate from 6:30pm
    The Green Room will be hosted by media commentator Russel Brown, and will feature Green Co-leaders Metiria Turei and Russel Norman responding to the debate live, along with comment from thought leaders and commentators. ‘The Green Room’ 6pm – 8.30pm...
    The Daily Blog | 28-08
  • How many taxpayer funded staff does John Key need to prepare for a Leaders ...
    John Key is currently at the Auckland Stamford Plaza with 40 staff, 4 undercover police cars and an entire floor booked out in preparation for tonights Leader’s debate. Isn’t 40 staff including coms, flown up to Auckland for a debate...
    The Daily Blog | 28-08
  • A brief word on National Party Rodney MP, Mark Mitchell
    MP considers legal action against Nicky HagerThe National MP says he is considering taking a defamation case after the September 20 election.“Someone needs to be held accountable,” he said. Oh really champ? Brothers and sisters, there is a long way...
    The Daily Blog | 28-08
  • Greens advertise on Whaleoil – but not on The Daily Blog?
    PaknSave have shown ethical compass and blocked adverts on Whaleoil, yet the Greens are advertising on Whaleoil, and not The Daily Blog? I would imagine there are far more potential Green voters on The Daily Blog then ever are on...
    The Daily Blog | 28-08
  • It’s about the stupid economy stupid
    In focus group meetings, the sleepy hobbits of NZ by a staggering amount all believe that National are better economic stewards of the country than Labour, that’s why, instead of answering questions about blackmailing MPs, trawling brothels for dirt on...
    The Daily Blog | 28-08
  • Personal Statement by Matthew Hooton
    Personal Statement by Matthew Hooton 1 September 2014 For Immediate Release “This morning I made comments on Radio New Zealand’s Nine to Noon programme about an attempt by staff in the Prime Minister’s Office to interfere in the appointment...
    Scoop politics | 01-09
  • The Worm turns down for John Key
    John Key struggled to coax The Worm above the line in Thursday’s Leaders Debate, according to Roy Morgan’s Reactor, the original Worm. John Key struggled to coax The Worm above the line in Thursday’s Leaders Debate, according to Roy Morgan’s...
    Scoop politics | 01-09
  • The Edge Posts Naked Photos Without Consent
    The Edge website, owned by Media Works have published fully naked photographs of Jennifer Lawrence without her consent....
    Scoop politics | 01-09
  • Statement from the Governor-General on Ashburton Shootings
    The Governor-General, Lt Gen The Rt Hon Sir Jerry Mateparae, has expressed his deep shock following the shooting of three people in Ashburton today....
    Scoop politics | 01-09
  • Update on IGIS inquiry into release of NZSIS information
    In recognition of the public interest, the Inspector-General of Intelligence and Security, Cheryl Gwyn, took the unusual step of providing an update during the course of an inquiry and confirmed today that she would be summoning a number of individuals...
    Scoop politics | 01-09
  • An Open Government Plan developed in secrecy
    The State Services Commission sent NZ’s Open Government Action Plan to the international Open Government Partnership (OGP) Secretariat on 31 July. The countries involved in the OGP since its inception - from the UK and US to Indonesia and Brazil...
    Scoop politics | 01-09
  • KiwiRail; another year older and deeper in debt
    That is a lot of money and there are lessons that need to be learnt before we pour in another $1 billion....
    Scoop politics | 01-09
  • Fonterra China Deal Demands Safe Supply Chain
    The future success of Fonterra’s deal to sell infant formula in China [1] requires all milk it uses be safe and for Fonterra to secure its supply chain from contamination by GE DNA and pesticide residues. There is now significant...
    Scoop politics | 01-09
  • HRC praises Auckland mum for speaking out
    Race Relations Commissioner Dame Susan Devoy has praised an Auckland mother of four who went public after humiliating treatment by staff at The Warehouse....
    Scoop politics | 01-09
  • Southern DHB refers disputed issue to Serious Fraud Office
    Following advice from forensic investigation firm Beattie Varley Limited, Southern District Health Board has referred the expenditure at the centre of its long running dispute with South Link Health to the Serious Fraud Office. The parties have been...
    Scoop politics | 01-09
  • The Letter 1 September 2014
    Last night’s TVNZ Colmar Brunton poll puts the left and right 60 MPs each. United and the Maori Party say they will go with the side that gets to 61 MPs. ACT just needs just 1.3% or 28 thousand Party...
    Scoop politics | 01-09
  • Shopping Giveaway Harmless Fun For Kids
    Family First NZ is rubbishing claims by critics including Gareth Morgan that the New World ‘Little Shop’ promotion is harmful for kids, and says that kids should be allowed to be kids. “Children love acting like their parents and pretending...
    Scoop politics | 01-09
  • Red Cross launches employment service for former refugees
    New Zealand Red Cross is encouraging employers to give refugees a fresh startwith the launch of Pathways to Employment, a nationwide work assistance service....
    Scoop politics | 01-09
  • EDS welcomes Labour’s Conservation Policy
    The Environmental Defence Society has welcomed Labour’s Conservation Policy including the key objective of halting the current pattern of indigenous biodiversity decline within ten years....
    Scoop politics | 01-09
  • Poverty is falling and income inequality is not rising
    “A Roy Morgan poll shows that the issue people are most concerned about is income inequality. This just goes to show how the persistent repetition of a lie bewilders the public. Income inequality is not in fact rising. And the...
    Scoop politics | 01-09
  • Rotary NZ responding to Fiji water and sanitation issues
    Clean water and sanitation are vital to health. In Fiji Rotary New Zealand have been targeting 22 communities that are experiencing severe hardship mainly because they don’t have access to clean water for their drinking, cleaning and cooking needs....
    Scoop politics | 01-09
  • Work & Income shooting a Tragedy
    Kay Brereton speaking on behalf of the National Beneficiary Advocacy Consultancy group says; “Two people shot and another wounded, this is a tragedy and our deepest sympathy goes out to the family and whanau of the victims, as well as...
    Scoop politics | 01-09
  • 1080 Poison Deer Repellent not Effective – Farmers
    Four deer have been found dead within a farmer's bush block, after an aerial 1080 poison drop applied with deer repellent. The drop was part of a 30,000 hectare drop across the Northern Pureora Forest Park....
    Scoop politics | 01-09
  • Employment Charter will strengthen migrants’ rights
    Establishing an Employment Charter for construction companies is a critical step to strengthening the rights of migrant workers that are fast becoming the face of the Christchurch rebuild, according to an alliance of union groups. The charter has...
    Scoop politics | 01-09
  • Global March For Elephants and Rhino
    It’s a trans-national business that funds terrorist organisations, fuels conflict in Africa, and poses environmental, development and security challenges. The illegal wildlife trade is also a lucrative business, generating an estimated USD$20 billion...
    Scoop politics | 01-09
  • New series of videos aimed at disengaged youth
    From the people who brought you 'NZ Idle' (NZ's favourite web series about an artist on the dole) comes a new series about election time: Choice Lolz....
    Scoop politics | 01-09
  • Picket Of Leaders Christchurch Debate
    KEEP OUR ASSETS PICKET OF LEADERS CHRISTCHURCH DEBATE TUESDAY SEPTEMBER 2nd, 6 p.m. ST MARGARETS COLLEGE, SHREWSBURY STREET, MERIVALE...
    Scoop politics | 01-09
  • Vega Auriga should be detained in NZ until problems fixed
    Maritime Union of New Zealand National Secretary Joe Fleetwood says that the ship Vega Auriga should be detained in a New Zealand port until it is deemed seaworthy and crew issues have been fixed....
    Scoop politics | 01-09
  • Minor Parties Added to Election ‘Bribe-O-Meter’
    The Taxpayers’ Union have added the Green, ACT, United Future and Conservative Parties to the ‘ Bribe-O-Meter ’ hosted at taxpayers.org.nz . Excluding ACT and New Zealand First, the total election ‘bribes’ - that is new spending not already...
    Scoop politics | 31-08
  • Fiery Broadcasting Debate in Auckland
    Over 250 people turned out for the Auckland Broadcasting and Media Debate in Auckland City last night to hear politicians give their solutions to NZ’s media and broadcasting woes....
    Scoop politics | 31-08
  • Independent Epsom Candidate: Adam Holland
    Today I am very proud to have been nominated to run as an independent candidate by the people of Epsom in order to work hard for the people of Epsom, Mount Eden, Newmarket and Remuera....
    Scoop politics | 31-08
  • Voters favour parties with factory farming policies
    A Horizon Research poll shows that 64.7% of adults are more likely to vote for a political party with a policy against factory farming....
    Scoop politics | 31-08
  • Collins And Dirty Politics Drive The #nzpol Wordcloud
    After Judith Collins' resignation as Minister from Cabinet on Saturday, the data insight organisation Qrious collected all tweets that used the hashtag #nzpol and for approximately the 24 hours since the announcement to produced this wordcloud....
    Scoop politics | 31-08
  • Bill English: allegations against Judith Collins are serious
    Deputy Prime Minister Bill English told TV1’s Q+A programme that the allegations against Judith Collins are serious and that’s why an inquiry is needed....
    Scoop politics | 31-08
  • Culture Change Required
    "There are serious issues raised in an Employment Relations Authority judgement released this week. The culture within the Whangarei District Council (WDC) organisation must change. The culture of any organisation is defined by its leadership starting...
    Scoop politics | 31-08
  • Reducing Reoffending Statistic Challenged
    In Rethinking’s latest blog, http://blog.rethinking.org.nz/2014/08/th-bps-reducing-crime-and-reoffending.html it closely examines the current claim that reoffending in New Zealand has reduced by 12.5% since June 2011, and reveals how that figure has been achieved. It argues...
    Scoop politics | 31-08
  • University economics team studying workers’ comparing wages
    A University of Canterbury economics research team is looking at fairness of the job assignments and whether workers are sensitive to the wages of their co-workers....
    Scoop politics | 31-08
  • Statement by State Services Commissioner
    30 August 2014 "The State Services Commission was contacted by the Prime Minister's Office over the last 24 hours on this issue." “Any activity that undermines, or has the potential to undermine, the trust and confidence in the public service...
    Scoop politics | 31-08
  • Christchurch Council Circus … Continued
    In 2010 the UK Daily Mail investigated the antics of a major bureaucratically bloated London Local Authority and reported with THE GREAT INERTIA SECTOR ....
    Scoop politics | 30-08
  • The Nation Housing Debate
    Patrick It's the great Kiwi dream, but is owning the roof over your head now just a pipe dream for many Kiwis? Homeownership is at the lowest level in half a century. National's answer is to double subsidies to first-home...
    Scoop politics | 30-08
  • Time to Shine Light on Shadowy Spies
    Internet MANA has promised to set up a Royal Commission of Inquiry into New Zealand’s intelligence agencies, with a view to transferring oversight of spying operations to a new, independent authority....
    Scoop politics | 30-08
  • New Zealand’s biggest problems are Economic Issues
    New Zealand’s biggest problems are Economic Issues (41%) while the World’s most important problems are War & Terrorism (35%) just three weeks before NZ Election...
    Scoop politics | 29-08
  • NZ 2014 Leaders Index – week ending 29 August
    Below is iSentia’s first weekly Leaders’ Index, showing the relative amount of coverage of nine Party Leaders in the lead up to the National Election across news media and social media. We will produce these reports for the next three...
    Scoop politics | 29-08
  • Judgment in Paki v Attorney General
    Tamaiti Cairns said that today’s Supreme Court decision is complicated, but, in essence opens the door for Maori people to go forward with their essential claims to water. Further work is required and Pouakani Trust will continue to pursue its...
    Scoop politics | 29-08
  • Supreme Court Decision on Maori Water Rights
    “ … the Supreme Court refused to give Pouakani people what they asked for, but may have given them something much, much better instead. The Appellants had argued that the Crown’s ownership of the River was as a fiduciary for...
    Scoop politics | 29-08
  • Leaders Dinner with Campbell Live, Dessert with RadioLIVE
    John Campbell is hosting Colin Craig, Winston Peters, Laila Harre, Metiria Turei, Peter Dunne, Jamie Whyte and Te Ururoa Flavell LIVE from Auckland’s Grand Harbour Restaurant on Wednesday 3 September at 7pm....
    Scoop politics | 29-08
  • Credit unions in the political spotlight
    Dirty politics was put aside last night as senior politicians outlined their universal support for growing the cooperatively owned credit union and mutual building society sector in New Zealand....
    Scoop politics | 29-08
  • Maryan Street on issues of importance to older people
    Liam Butler interviews Hon Maryan Street MP on issues of importance to older New Zealanders...
    Scoop politics | 29-08
  • John Hanita Paki and others v The Attorney-General
    JOHN HANITA PAKI, TORIWAI ROTARANGI, TAUHOPA TE WANO HEPI, MATIU MAMAE PITIROI AND GEORGE MONGAMONGA RAWHITI v THE ATTORNEY-GENERAL OF NEW ZEALAND FOR AND ON BEHALF OF THE CROWN (“THE CROWN”) (SC 7/2010)...
    Scoop politics | 29-08
  • Last Nights Leaders Debate Drives The #nzpol Wordcloud
    Following last nights leaders debate on TV One between John Key and David Cunliffe, the data insight organisation Qrious collected all tweets that used the hashtag #nzpol from approximately the last 24 hours to produce this wordcloud....
    Scoop politics | 29-08
  • Campaign suggests reason behind suicide gender statistics
    An online campaign about meaning and belonging has revealed an interesting connection with the difference in suicide rates between men and women....
    Scoop politics | 29-08
  • Act Policy Vindicated by Sensible Sentencing Data
    ACT Leader Dr Jamie Whyte says the Sensible Sentencing Trust's just released analysis of 3 Strikes legislation "proves ACT was right to promote the policy and that it has made New Zealand a much safer country. The figures show beyond...
    Scoop politics | 29-08
  • “Robin Hood tax and other clever ways to help our kids”
    It’s time to talk about tax. Not just income tax but other kinds of tax too....
    Scoop politics | 29-08
  • Cannabis Laws Breach Treaty – ALCP
    Cannabis prohibition is neo-colonial oppression resulting in the disproportionate imprisonment of Maori, the Aotearoa Legalise Cannabis Party says....
    Scoop politics | 29-08
  • 2014 Variation Broadcasting Allocation Decision Released
    The Electoral Commission has released a variation decision on the amount of time and money allocated to political parties for the broadcasting of election programmes for the 2014 General Election....
    Scoop politics | 29-08
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