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So, borrowing to save makes sense afterall…

Written By: - Date published: 9:59 am, June 8th, 2011 - 29 comments
Categories: bill english, budget 2011, debt / deficit, superannuation - Tags: ,

Do you remember back in the day when Bill English didn’t want to put any money into the Cullen Fund? Remember how certain people on the right of the political spectrum started talking about how silly it was to borrow money in order to save money. If you go back a little further we find that Bill English himself thought the whole idea of borrowing money to save was “nonsense

Well I remembered being told that borrowing to save wasn’t a good idea, so I was a little surprised to learn that over the past few months the government has been borrowing $100 million a week more than necessary because they wanted to put the money away in the bank. Of course, they have a fairly sound reason for doing so, the government can borrow money fairly cheap now compared to what is expected towards the end of the year, earn interest on the money, and, so, both reduce its costs for rebuilding Christchurch and spread that cost over time. It’s a very sound strategy; the same strategy as putting money in the Cullen Fund now to spread out future superannuation costs, and make returns on the savings over and above the cost of borrowing.

The main thing to take from this though is that the government recognises that in some circumstances it is prudent to borrow money to invest in entities like the Cullen Fund. So, when National ignored Treasury’s warnings on lost returns and suspended contributions it had more to do with the National parties dislike for the Cullen Fund than conservative fiscal management.
-Aug

29 comments on “So, borrowing to save makes sense afterall…”

  1. ianmac 1

    Good thinking Guest. Perhaps Mr English wanted to undermine the Cullen Fund and used the downturn as an excuse? Surely not!

  2. queenstfarmer 2

    Guest’s post is a non-sequiter.

    The big error is the assertion that a borrower would “make returns on the savings over and above the cost of borrowing”. Do you have a guarantee for this, and if so please tell us? If not then you presumably think it is prudent for a government to gamble by borrowing from offshore investors (and pay them interest for years) and then send the money back to big overseas companies (which is where most of the Cullen fund goes)?

    • Colonial Viper 2.1

      You’re another economically illiterate Right Winger aren’t you?

      Since when is borrowing money and owing creditors at a low interest rate then reinvesting that money and getting a HIGH rate of return a BAD thing?

      And of course, if you want GUARANTEES in the investment world you must be one of the usual batch of Right Wingers – can’t stand any real financial risk, and someone who has no understanding of the real world – where there are no such “guarantees”.

      NZ can borrow from foreigners cheaply at the moment, and if we were reinvesting that money overseas through the Cullen Fund etc for a higher return, this country would be MAKING MONEY from its borrowing. A lot of money.

      Of course, English actually put a stop to investing in the Cullen Fund and as Cunliffe has pointed out that decision has cost this country many hundreds of millions in investment returns in just a short space of time.

      If your mate English has got as much of a shitty financial grip as you do, that explains a lot.

      • queenstfarmer 2.1.1

        You talk about the real world – where there are no such “guarantees”, but then go on to say “this country would be MAKING MONEY from its borrowing”. Yet given your first statement, how can you be sure of your second statement?

        • Colonial Viper 2.1.1.1

          Can’t deal with you pretend Right Wingers who have no confidence in NZ and no ability to take real business risks. Get some balls man.

          • queenstfarmer 2.1.1.1.1

            Glad you admit there are risks. That is my point.

            The risks need to be weighed, not pretend they don’t exist, as per the author’s glib assertion that a borrower would “make returns on the savings over and above the cost of borrowing” and which s/he calls “a very sound strategy”.

            • Colonial Viper 2.1.1.1.1.1

              Meh. You don’t take the risks, you don’t get the payout. English doesn;t have the stomach to move NZ ahead and neither do you.

              English is costing this country a huge amount of money but what the fuck do you care as long as the already wealthy get their tax cuts.

          • Lanthanide 2.1.1.1.2

            Completely agree with queenstfarmer on this.
             
            Borrowing to invest in other companies inherently has risks that we cannot control.
             
            Bringing inevitable borrowing forward to when it is cheaper, to build a city that is inevitably going to happen, is really not the same as borrowing to invest in companies.
             
            They are fundamentally different. To suggest they are exactly the same is a nonsense, BUT that doesn’t mean that you can’t say that they are similar ideas, because they are, they just aren’t exactly the same.

            • lprent 2.1.1.1.2.1

              Bringing inevitable borrowing forward to when it is cheaper, to build a city that is inevitably going to happen, is really not the same as borrowing to invest in companies.

              And the forward projection of superannuation costs is not inevitable? Please elucidate how you think that they will be covered.

              That is the fundamental precept of this post. It is pointing out that the government has cut the tax take that is required to cover the forward payments of superannuations because it asserts that a taxcuts increase the economy. At this level of cut, there is no evidence that it does. What it does do is increase the risk that the forward costs of superannuation will not be covered.

              The risk of the borrowing now at current rates and reinvesting is almost certainly less than risk of the government going belly up when it has fewer tax payers and more superannuiants in the future. Because those costs are inevitable bearing in mind the voting power of the elderly.

              • Lanthanide

                “And the forward projection of superannuation costs is not inevitable? Please elucidate how you think that they will be covered.”
                 
                That’s true, the superannuation costs are inevitable. But taking borrowed money and putting it into the cullen fund isn’t going to guarantee that you will end up with more money than you started with.
                 
                In one case we’re borrowing money now, parking it in a (low-risk) bank account and then spending it in 12-48 months time. In the other we’re borrowing money now, putting it into international markets (medium-high risk) and then spending it in 15 years time.
                 
                If you throw in a theoretical “peak oil is going to destroy the modern economy”, then investing the money in the cullen fund is even more unwise. We’re much better off taking that money and building a city with it in the very near future, which is what we’re going to do.
                 
                I have no problem with the government borrowing to put in the cullen fund, and I think that they should be doing that. What I’m trying to point out is:
                1. The timescales of these two scenarios are quite different
                2. The risk profiles of these two scenarios are quite different

                I don’t think it is reasonable to say “the government has been borrowing several hundred million dollars a handful of months earlier than they technically needed it, so by the same logic they should also borrow to put money into the cullen fund a dozen years before they will need it”.

                • lprent

                  Borrowing in the short-term to rebuild Christchurch makes perfect sense, if only because it reduces a ongoing loss. Of course there isn’t exactly a plan on how to pay that money back. The fairy tale in the budget about growth fixing the deficit is quite simply bullshit, as is the idea that enough would come from asset sales, cost cutting the rather small public service, or any of the politically accessible benefits, or that the lamearse infrastructure projects from Joyce will do anything except cost the country money.

                  That is one relatively short-term project. I think that Aug’s question is more basic and longer term.

                  The basic problem is that the total amount in the current tax take is too small to sustain government and superannuation. It is pretty clear that it will not be so for quite some years. Unless the tax rates are increased and if everything else stays the same (and ignoring further disasters), my guesstimate is somewhere towards 2020 if everything goes well on a realistic growth rate. Basically this government has proved yet again that minor drops in tax rates do not cause stimulatory or productive investment growth.

                  Tinkering at the edges (like this government is doing) isn’t going to help much. At present they’re simply pushing debt forward into future taxpayers and hoping that lot of elderly die before it comes due.

                  Aug is saying that if there is a differential between the cost of borrowing and the current ROI, then we’d be best placed to borrow now to take advantage of that. Sure we’d probably lose some possible opportunity cost of infrastructure investments. But frankly almost all of the investments that the government could make are crap – just look at the ones Joyce is trying to waste money in. And this government doesn’t want to invest in ones that would give better returns (like Auckland PT) for political reasons.

                  What we do have is a really high forward liability and no plan by this government to even start to deal with it. That liability is starting to affect our ability to borrow for consumption – ie for Nationals tax cuts. However, that doesn’t really apply if we borrow for investment.

                  In the absence of raising tax rates it is probably the most productive use of our ability to borrow at relatively low rates at present in addition to rebuilding ChCh.

                • Colonial Viper

                  Lanth this is bullshit rationalisation. English has cost this country hundreds of millions of dollars by not investing in the Cullen Fund and in KiwiSaver, that is actual money he has left on the table over the last two years because of his piss poor decision making. He was warned at the time, he ignored those warnings, and those warnings came true.

                  • Lanthanide

                    Look, I completely agree that stopping funding the superannuation fund was a dumb idea and they shouldn’t have done it.
                     
                    I am simply pointing out that saying “Government did X, so they should also do Y” because X and Y are similar ideas is wrong and by making that argument you are ignoring the important details.

                    Actually it would be more appropriate to say “Government did X because of A and B, so they should also do Y because of C and D”, in this case A and B are really very different from C and D, and therefore it does not follow that government should also do Y because they did X, actually they did X because of A and B and chose not to do Y because of C and D. I’m not defending their choice of not doing Y, I’m just pointing out that C and D are different from A and B so therefore the simple argument that because they did X, they should also do Y, doesn’t work. Now if X and Y both depended on A and B, then yes, if they did X then they should also do Y, but that isn’t the case.
                     
                    X = borrow up-front so borrowing in future months is reduced
                    Y = borrow to invest in superannuation fund
                    A = short-term borrowing that if not done in these 6 months *will* definitely be done in the following 6 months (ie, inevitable, and on a short time frame)
                    B = low risk, short time frame
                    C = Long term time-frame of 15-20 years
                    D = medium-high risk
                     
                    This, I believe, it exactly what queenstfarmer is saying, although I think he is also saying that investing in the cullen fund was a bad idea. I am not saying that, but that doesn’t mean I can’t agree with his other point.

                    • Aug

                      I totally agree with you, when I wrote this I actually wasn’t really considering whether the borrowing now or for the Cullen Fund was a good or bad idea, and in retrospect I was probably a bit blunt when I called it “a very sound strategy”.

                      What I was more interested in was the reasoning, Bill English didn’t call borrowing to save, “unwise in long term, medium- high risk investments, but acceptable in a short term, low risk scenario”,he called it nonsense. Now we find that he is borrowing money and saving it for future spending, how could I not call him on it.

                    • Lanthanide

                      Definitely agree with that, Aug, he deserves to be called out on it.

      • lprent 2.1.2

        …and getting a HIGH rate of return a BAD thing

        Depends both upon the risk and the rate of return. For instance borrowing to put in a gas to gasoline plant in the late 70′s looked like a sure thing provided that the risk of a oil price drop was low. Problem was that it was not.

        However the investment strategy being followed by the Cullen fund is about as close as you can get to low risk whilst investing. The countervailing risk of not having funds to run National’s superannuation system is pretty damn high to our ability to service debt further down the track (just thinking about what the costs are to the kids makes my grey hair disappear). It makes sense to use the low borrowing rates to hedge that risk.

        Of course it makes even more sense not to borrow to do the same thing. However that would require increases in the tax rates – which would be preferable to what this current set of idiot cowboys in government are doing.

  3. Tom Gould 3

    @ queenstfarmer, what nonsense. Both scenarios rely on projections and assumptions, which cuts both ways, either way. Stop dancing on a pin head. The fundamentals of the Guest Post are sound. As is the politics.

    • queenstfarmer 3.1

      Both scenarios rely on projections and assumptions, which cuts both ways, either way.

      That’s my point: what is the author relying on for the assertion that a borrower would “make returns on the savings over and above the cost of borrowing”? And if it there is credible authority for it, I look forward to seeing which political parties propose to borrow billions of dollars to buy up the entire market.

      • Colonial Viper 3.1.1

        I look forward to seeing which political parties propose to borrow billions of dollars to buy up the entire market.

        What, as opposed to English who is today borrowing billions of dollars more than he needs to and then doing squat with it except paying interest charges to China?

        You right wingers are financially and economically illiterate.

        • queenstfarmer 3.1.1.1

          No, it’s a smart hedging strategy. As the article says (unfortunately omitted by the Guest author):

          But Westpac senior economist Dominick Stephens said borrowing in advance was wise as interest rates were low.. “I think it’s a good prudent strategy to borrow the money, be sure that you can borrow the money before you actually need it. It’s just good cash management practices.”

          [lprent: That interpretation wasn't omitted because I read it in the post in the second paragraph. That paragraph said exactly the same thing about borrowing under current circumstances as what you quoted. I also note that you appear to have ignored the whole point of the post which is in the end of the third paragraph.

          I suspect that you have either a reading or assimilation difficulty? Should I restrain my sarcasm when it looks like you didn't read a post? Or should I view it as being just diversion tactics by yet another troll acting like a fuckwit? Please read the policy before answering and consider that you have just wasted some of my precious time checking your statement and writing this. I particularly detest diversion trolling when you can raise any topic you like in OpenMike. ]

          • queenstfarmer 3.1.1.1.1

            Sorry you see it as trolling, when it’s totally on topic. The quote was omitted, it is the key part as it explains the rationale – which is NOT to borrow to invest overseas. And which, as I said originally, demonstrates the non-sequiter of the guest post which is that the Govt should borrow to invest overseas.

            [lprent: Actually you are sort of correct when I look at the whole conversation. However you have to remember I read the comments backwards through time, without the threading, and I have many hundreds of them to read at a time. It is up to you not to attract my moderating attention rather than mine to dig around trying to figure out what is inside your head.

            I read exactly what you wrote - which said that the post missed THE relevant piece of the article it was commenting on - which was incorrect. You should be careful about saying things that assert posts are deliberately incorrect unless you clearly state why. Making invalid assertions about what a post said is a classic troll diversion comment style that I look for and squash.

            BTW: Your assertion here is incorrect if you look at the forward projection of risk with respect to the superannuation payouts in the future. But that is a topic for comment rather than mod warning if I have time. ]

  4. Afewknowthetruth 4

    The price of gold has gone from around $250 to over $1500, a sixfold increase, over the past decade. So in real terms a US dollar is now worth around 16% of what it as worth a decade ago. The change in exchange rate makes the NZ scenario slightly less bad: our dollar is worth around 25% of what it was.

    We could compare with oil, which has gone from around $20 abarrel to around $120 over the past decade or so -again a sixfold increase.

    Japan’s Nikkei index since 1990 is the classic example of failure:

    40,000
    20,000
    10,000
    12,000
    7,0000
    11,000
    9,000

    The nearly 80% drop since 1990 is a raw figure and doesn’t allow for inflation. If we factor in the drop in purchasing power we see that money invested in the Japanese market in 1990 would have lost about 97% if its purchasing power.

    Anyone who understands the money system realises that paper ‘investments’ have no intrinsic value, and most ‘investments’ will soon crash in a manner similar to 2008 (or worse), since the entire financial system is dependent on a declining real resource base.

    What is a little surprising is that the house of cards hasn’t collapsed before now.

  5. Seeing as how Key has, according to estimates, 50 mil banked, has quite an extensive investment portfolio and apparently donates his salary to charity.

    Just wondering if he has started up any businesses and invested in the local economy at a real grass roots level. Y’know, put his money where his mouth is and not his mouth where the cash cow shits from.

    same goes for English too…case of, do as i say not as i do ?

  6. I am beginning to think that the extra 5 billion borrowed is some kind of decoy. For what? The fiscal messages can be interpreted as confusing e.g. trimming government costs but borrowing to the hilt, saying the Cullen fund is unaffordable, selling off energy assets which will generate more income in the future if left untouched, proping up DHBs with one off payments because the 2011 budget will not cover DHB costs…

    There is no purpose in borrowing more than you need to get out of a shitty situation.

    • queenstfarmer 6.1

      There is no purpose in borrowing more than you need to get out of a shitty situation.

      There is a purpose to borrowing while rates are good. Very standard practice by Govts, businesses, mortgage-holders everywhere (also see hedging). No different to filling up your car because the price of petrol is about to be put up.

      • Treetop 6.1.1

        Are the exporters not paying more due to EXCESSIVE borrowing?

        English acknowledges that the government can only borrow a billion or two more.

        I first learned about the borrowing a month ago because interest rates were low and I commented on this site. The country is 5 billion in debt more than it needs to be.

  7. tsmithfield 7

    Several points here:

    Firstly one of the fundamental concepts in investment is that the greater the return, the greater the risk. Therefore, assuming this principle applies in the specific situation of the Cullen Fund, borrowing money to invest at a higher return means that the borrowed investment is at greater risk. Otherwise, why would the lenders not set up their own fund rather than lending to NZ?

    Secondly, I would be interested to know if the returns on the Cullen fund are in USD. If so, the USD isn’t worth a bucket of shit at the moment. A lot of the Cullen fund investment took place when the USD was much stronger. Hence, if the returns are in USD, the exchange rate losses need to be considered to establish a true return to NZ. The exchange rate risk is a major consideration that contributors here may not have considered.

    In lefty Nirvana land where investments can be made in hindsight, there seems to be little value in considering the risk side of the investment equation.

  8. Looks like i might need to do some borrowing while the borrowing’s good too…

    …so’s i can afford to get me some of that kiwi mum and dad state asset firesale action English is touting come next National election win

    figure may as well borrow while my credit rating is still good enough to borrow against…

  9. MrSmith 9

    Our Government should never play the markets, they will get taken to the cleaners almost every time.
     
    They should instead be watching these markets like they are payed to, and if need be, they should be writing and passing into law stronger regulation of these very markets, that’s the job we elected them to do.
     

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  • A $130 million gift to the rich
    When the government announced that it was selling off Genesis Energy, it deliberately underpriced it, with a discounted price, generous bonus scheme, and huge dividend. And today that has had the expected result, with Genesis shares leaping almost 20% on...
    No Right Turn | 17-04
  • Defamation via Facebook and ‘a private website’
    This defamation case should be a shot across the bows of various internet wide-boys who think ‘defence of truth’ or ‘opinion honestly held’ is some kind of magic elixir or Get Out of Jail Free card. It’s worth noting the...
    The Paepae | 17-04
  • Water water everywhere, but not a drop to drink
    It is three years and one day since Danyl wrote this blog post about South Canterbury Finance. I was re-reading it today, and something stuck out like a sore thumb: December 2008: SCF undertakes a high risk loan strategy, losing...
    Rebuilding Christchurch | 17-04
  • Access: I Can’t See You, But You Should See Me
    Being lost for words when you’re a talkback host could hardly be considered ideal. But back in September of 1992, I was hosting an evening talkback show on a fledgling radio station in what was then a newly deregulated, highly...
    Public Address | 17-04
  • Judith Collins: guess who’s coming to dinner?
    Judith Collins, Justice Minister, is playing dumb in parliament at question time and avoiding media. Her patronising responses, or non-responses, to allegations of corrupt influence is not becoming of a Cabinet Minister.  Her abuse of the House by criticising questions...
    Tumeke | 17-04
  • Can fracking save the climate?
    Blogging is a great way MPs can communicate and engage with citizens about the issues facing us. I have joined The Daily Blog blogging team and have so far posted on Anadarko’s failure to find oil and a piece outlining...
    frogblog | 17-04
  • New Fisk
    A History of the First World War in 100 moments: A forgotten naval victory in which even Nature played a part...
    No Right Turn | 17-04
  • Labour’s manufacturing plan
    David Cunliffe has launched Labour's policy to get more manufacturing jobs back in New Zealand: Labour leader David Cunliffe launched the policy to an Auckland business audience this morning, adding the depreciation and procurement policies to the known suite of...
    Polity | 17-04
  • Easter PT shutdown
    It’s Easter weekend and that invariably means the rail network is shut down for works. Auckland Transport advises the rail network will be closed for Easter and there are changes to timetables for buses and ferries during the holiday break....
    Transport Blog | 17-04
  • Another perspective on the postgraduate allowance cuts
    I have already shared two stories from psychology students about how the postgraduate allowance cuts have affected them. These stories demonstrate the widespread impact the changes are having. Here is yet another story I have received, this one giving the...
    frogblog | 17-04
  • Against secret "justice" in NZ
    Last year, in response to a series of court cases challenging its control orders or claiming compensation for human rights abuses by its intelligence services, the UK passed the Justice and Security Act 2013. The Act introduces a "Closed Material...
    No Right Turn | 17-04
  • MP to attend progressive politics conference
    Labour MP Grant Robertson will attend the Progressive Governance conference in Amsterdam later this week. “This conference brings together Social Democratic parties from around the world to discuss how progressive politics should work in the post global financial crisis environment....
    Labour | 20-04
  • Storm fans fire service commitment
    Further damage from the huge storm that battered the West Coast was prevented by the great work of our volunteer Fire Service and locals will be extremely grateful, Labour’s MP for West Coast-Tasman Damien O’Connor says. “Our region has been...
    Labour | 19-04
  • Time for Ryall to fix mistakes and help families
    Families who won a long and lengthy Court battle for financial help to support their disabled daughters and sons are now facing a new battle with health system bureaucracy and need the Health Minister's help, Labour's Disability Issues spokesperson Ruth...
    Labour | 18-04
  • Time for greater ministerial accountability
    The Green Party has today released a proposal to introduce a ministerial disclosure regime in New Zealand to improve the transparency and accountability of government.The proposal, based on the system used in the United Kingdom since 2010, would require all...
    Greens | 18-04
  • Power prices soar on the eve of winter
    On the eve of winter as New Zealanders are turning on their heaters, power prices have soared sky high, Labour’s Energy spokesperson David Shearer says. “Energy Minster Simon Bridges claimed in Parliament that prices were estimated to rise 2.4 per...
    Labour | 18-04
  • Workers can kiss goodbye to Easter Sunday off
    The Government’s decision to “reprioritise” scarce labour inspector resources by abandoning the enforcement of Easter Sunday Shop Trading laws means workers can kiss goodbye to a guaranteed day off, says Labour’s Associate Labour Issues spokesperson Darien Fenton. “The Labour Minister...
    Labour | 18-04
  • Businesses need to respect workers this Easter
    Businesses intent on flouting Easter shopping laws should face stiff penalties, Green Party industrial relations spokesperson Denise Roche said today. This Easter, at least one major garden centre chain intends to open on Good Friday despite this being in breach...
    Greens | 17-04
  • Time to deliver on 26 weeks Paid Parental Leave
    Today marks two years since Labour MP Sue Moroney's Bill extending paid parental leave to 26 weeks was drawn from the members' ballot. “It’s time the Government acted in the interests of families,” Sue Moroney says. “National has tried every...
    Labour | 17-04
  • Taxpayers robbed of $130m in Genesis sale
    Kiwi taxpayers have been robbed of $130 million by the Government in its final failed asset sale, says Labour’s SOEs spokesperson Clayton Cosgrove. “National set the price for Genesis far too low in a desperate attempt to beef up demand....
    Labour | 17-04
  • Work visa problems need monitoring
    The Government is handing out temporary work visas to migrants to work in jobs that could easily be filled by unemployed Kiwi workers in the Christchurch rebuild, says Darien Fenton, Labour’s Associate Immigration spokesperson. “In the past 12 months, temporary...
    Labour | 17-04
  • Resignation rates among cops soar
    The number of frontline officers quitting the police force is at a four-year high, with more than 350 walking off the job in the past year, Labour’s Police spokesperson Jacinda Ardern says. “Since 2009 resignation rates among sworn staff have...
    Labour | 17-04
  • Service for victims of sexual violence pushed out in cold
    The Green Party is calling on Housing New Zealand to revisit its decision to evict an essential community organisation in Christchurch with only eight weeks notice.Yesterday at the Select Committee inquiry into funding for sexual violence support services the organisation...
    Greens | 17-04
  • Legal high ban worthy of wider pick-up
    Auckland Council’s ban on using legal highs in a public place is an excellent idea that should be replicated around New Zealand, says Labour’s Associate Health Spokesperson Iain Lees-Galloway. “Auckland Council has implemented a by-law banning the use of psychoactive...
    Labour | 17-04
  • Smith sells state P-houses to first home buyers
    Nick Smith must reassure worried first home buyers that any Housing NZ houses sold under his First Home policy will be tested for P contamination after revelations that three out of seven properties sold in Wanganui tested positive for methamphetamine,...
    Labour | 17-04
  • PM’s China visit assisted Oravida, not Fonterra
    Questions must now be asked whether it was Fonterra or Oravida who really benefited from the Prime Minister’s recent visit to China, Labour’s Primary Industries spokesperson Damien O’Connor says. “Before his departure, John Key said he would wait until all...
    Labour | 16-04
  • New Zealand’s use of ozone depleting gases increases
    A new Government report highlights that the amount of ozone depleting gases New Zealand is using is increasing, the Green Party said today.The report tabled in Parliament yesterday shows that total use of ozone depleting gases in New Zealand has...
    Greens | 16-04
  • Manufacturing Upgrade
    Labour is determined to support and grow our manufacturing sector. These policies grew out of the findings of the 2013 Parliamentary Inquiry into Manufacturing.  ...
    Labour | 16-04
  • Collins must admit misleading Parliament
    ACC Minister Judith Collins must front up and admit she has misled Parliament over ACC’s policy to stop paying compensation to clients who refused to fill in its privacy form, Labour’s ACC spokesperson Iain Lees-Galloway says. “Judith Collins claimed Labour...
    Labour | 16-04
  • English confirms he has no plan to raise wages
    Finance Minister Bill English has confirmed he has absolutely no plans to lift wages, Labour’s spokesperson on Labour Issues, Andrew Little says. “Bill English told the Chamber of Commerce yesterday that workers could expect a rise in average income of...
    Labour | 16-04
  • Govt careless and callous about threatened birds
    The National Government is increasing the threat to two of the world's most threatened and unique birds by opening up Victoria Forest Park to petroleum drilling, the Green Party said today.Scientists have recently published a ranking of the 100 most...
    Greens | 16-04
  • Genesis: The biggest fire sale of them all
    National has finished its asset sales with a massive bonfire of a fire sale, showing once and for all how much of a disaster this programme was, says Labour’s SOEs spokesperson Clayton Cosgrove. “Just 68,000 Kiwis bought shares in Genesis,...
    Labour | 16-04
  • Interest rates rise but only smokes increasing
    Mortgage rate rises are making life harder for homeowners, and many of them will be surprised the latest CPI figures show inflation would be zero were it not for tobacco tax hikes, says Labour’s Finance spokesperson David Parker. “New Zealanders...
    Labour | 16-04
  • Term One Report Card for Hekia Parata
    Assignment Teacher’s Comments Grade      ...
    Labour | 16-04
  • Hekia Parata kept exam book errors from schools
    Schools will be appalled to learn Education Minister Hekia Parata knew since January that hundreds of exam booklets had been returned to the wrong students but said nothing about it, Labour’s Education Spokesperson Chris Hipkins says. “Exams are stressful enough...
    Labour | 15-04
  • What has ACC Minister been doing?
    The ACC Minister needs to front up and explain what, if any, changes she has made to the broken culture of ACC rather than denying that she has any part to play in the dysfunction of her Ministry, the Green...
    Greens | 15-04
  • Promise of jam tomorrow takes the cake
    A claim by Minister of Finance Bill English that average wages will climb by $7,500 over the next four years is a cynical promise of jam tomorrow by a government whose record on wage growth is atrocious, Labour spokesperson on...
    Labour | 15-04
  • Judith Collins has to fess up on ACC blunder
    ACC Minster Judith Collins must front up and tell New Zealand how many people who refused to hand over their private details to ACC have been denied cover, says Labour’s ACC Spokesperson Iain Lees-Galloway. “The legality of ACC’s privacy waver,...
    Labour | 15-04
  • Board of Inquiry conditions will save rivers in New Zealand
    The Ruataniwha dam decision released today has protected the Tukituki River and dashed the Government’s hope of the “one nutrient model” (TRIM) being adopted nationwide, says Labour’s Conservation spokesperson Ruth Dyson. “It is a massive victory for those in the...
    Labour | 15-04
  • Labour turns wheels for cycling safety
    With more than a million New Zealanders now using cycling as an attractive alternative means of transport it is past time their safety was taken seriously, Labour’s Transport spokesperson Darien Fenton says. Due to speak to a cycling rally at...
    Labour | 15-04
  • SPEECH: Institute of Directors
    LEADING AND MANAGING OUR ECONOMIC FUTURE David Cunliffe MP, Labour Leader Speech to the Institute of Directors 15 April 2014, Auckland It's a privilege to be speaking here. The Institute of Directors has a proud history of developing New Zealand's...
    Labour | 15-04
  • More Oravida endorsements from John Key
    The use of a picture of John Key in an advertisement for Oravida’s scampi products in a Chinese airline magazine is further evidence of an unhealthily cosy relationship between the National Party and this company, Labour Leader David Cunliffe says....
    Labour | 15-04
  • Workers at Canterbury Yarns need redundancy support
    Workers faced with redundancy at Canterbury Yarns need a redundancy support co-ordinator, Green Party industrial relations spokesperson Denise Roche said today.Last week, Canterbury Yarns was placed in receivership. Canterbury Yarns joins a long list of New Zealand manufacturers who have...
    Greens | 14-04
  • Making the holidays easier for Kiwi drivers
    The next Labour Government will make the holidays easier and journeys quicker for Kiwi families driving on the roads, says Labour Leader David Cunliffe. “There’s nothing Kiwis like more than getting on the road and going on holiday. But on...
    Labour | 14-04
  • Ae Marika! 15 April 2014
    Our MANA AGM down in Rotorua on the weekend was a sold-out affair – even the media were struggling to get in! Political conferences can be very dull, but not this one. We had a great line-up of speakers including...
    Mana | 14-04
  • Green light from Labour for cancer screening programme
    Labour Leader David Cunliffe has today committed to a national bowel screening programme, starting with extending the current service to the Southern and Waikato districts. “Around 3000 New Zealanders develop bowel cancer each year and about 1200, or 100 a month,...
    Labour | 14-04
  • Adequate resourcing needed for victims’ advocate
    The establishment of a victims’ commissioner role will only be meaningful if it is properly resourced to do the job of advocating for victims’ interests, Labour Justice spokesperson Andrew Little says. Justice Minister Judith Collins has just recently indicated her...
    Labour | 13-04
  • IPCC report shows Government ignoring climate experts
    The Intergovernmental Panel on Climate Change's (IPCC) report into climate mitigation, just released in Berlin, shows the National Government is ignoring the pleas of the world's best climate scientists.The report says deep and fast emission cuts are vital from all...
    Greens | 13-04
  • Japan’s quick turnaround on whaling disappointing
    News that Japan plans to recommence some form of “scientific” whaling programme so quickly after the International Court of Justice’s ruling against it is very disappointing, says David Shearer, Labour’s Foreign Affairs spokesperson. “New Zealanders expected the ICJ ruling -...
    Labour | 13-04
  • Reviewable tenancies will increase risks for vulnerable children
    Instead of kicking families out of their homes if they can pay their rent, parents with young children should have the opportunity to purchase equity in a state-built home over time, the Green Party said todayFrom July, Housing New Zealand...
    Greens | 13-04
  • 48,000 New Zealanders drinking faecally contaminated water
    Some 48,000 people were provided with water that had issues with faecal contamination, 18,000 of whom were from Canterbury, the Green Party said today. The Ministry of Health's Annual Report on Drinking-Water in New Zealand for 2012/13 shows that 48,000...
    Greens | 12-04
  • Labour will move to save the Kauri
    Labour will spend $20 million over the next 10 years to stop the spread of Kauri dieback disease, says Labour Leader David Cunliffe. “We are facing an ecological disaster with over 11 per cent of the Kauri trees in the...
    Labour | 12-04
  • SPEECH: Saving our Kauri
    Seech notes Good morning. Thank you for joining us here today. As a West Auckland MP I am very aware the kauri is an important part of this place. The Waitakere Ranges with their thousands of kauri, are a taonga....
    Labour | 12-04
  • MANA to continue negotiations with the Internet Party
    The MANA AGM has decided unanimously tonight to continue negotiaitions with the Internet Party. Within a month further negotiations, further consultation with MANA branches and a final decision on whether to proceed with a relationship is expected....
    Mana | 12-04
  • National’s tax dodge
      National’s insistence that it is cracking down on tax dodgers is little more than a bit of election year chest beating, Labour Leader David Cunliffe says. “Revenue Minister Todd McClay surely doesn’t believe collecting $100 million of an estimated...
    Labour | 12-04
  • Housing prices go up – Gens X & Y give up
    Today’s REINZ report shows house prices continue skyward while first home buyers are dropping out of the market, says Labour’s housing spokesperson Phil Twyford. “According to the Real Estate Institute of New Zealand the national median house price has risen...
    Labour | 11-04
  • Do Key and Adams support Chorus appeal?
    John Key and Amy Adams must tell New Zealanders whether they support Chorus’ appeal of the High Court’s ruling in favour of the Commerce Commission, says Labour Leader David Cunliffe. “Chorus’ appeal is a waste of time. The company is...
    Labour | 11-04
  • Is Judith Collins unapologising
    Judith Collins appears to have retracted her apology for failing to disclose her meeting with her husband’s fellow company directors and a senior Chinese border control official just weeks after being ticked off by John Key for not doing so, Labour...
    Labour | 11-04
  • Media Advisory
    There have been a few minor changes to the MANA AGM agenda. Moana Jackson is unable to attend due to family commitments. Speaking in his place on Saturday morning MANA is pleased to welcome Georgina Beyer and Willie Jackson. MANA...
    Mana | 10-04
  • Green Party requests inquiry into Peter Dunne and Trust
    Green Party MP Denise Roche today wrote to the Parliamentary Registrar of Pecuniary Interests requesting an inquiry into whether Peter Dunne should have included his involvement as chair of the Northern Wellington Festival Trust on the Register of Pecuniary Interests...
    Greens | 10-04
  • Veterans short-changed
    The Veterans’ Support Bill reported back to Parliament today rejects a key recommendation of the Law Commission Review on which it is based and ignores the submissions of veterans and the RNZRSA, says Labour’s Veterans’ Affairs Spokesperson, Phil Goff. “A...
    Labour | 10-04
  • Rest in peace Rubin ‘Hurricane’ Carter – despite the disgusting polic...
    Rest in peace Rubin ‘Hurricane’ Carter – despite the disgusting police racism and injustice you were undefeated...
    The Daily Blog | 20-04
  • Maori Party wine and dine invite
    Maori Party wine and dine invite...
    The Daily Blog | 20-04
  • For Simon Bridges – here’s the forest you forget
    For Simon Bridges – here’s the forest you forget...
    The Daily Blog | 20-04
  • Never forget the GCSB lies
    Never forget the GCSB lies...
    The Daily Blog | 20-04
  • The Empire strikes back
    The Empire strikes back...
    The Daily Blog | 20-04
  • God bless capitalism
    God bless capitalism...
    The Daily Blog | 20-04
  • Drone killings erode social constraint on using violence
    The drone killing of an (unnamed) New Zealander in Yemen should prompt us to look at the ethics of this practice. We’re told from birth that murder is wrong. Yet drone killings (as conducted by the Obama administration) convey the...
    The Daily Blog | 20-04
  • Labour’s first 100 days – where the messaging needs to be
    ‘The first 100 days’, an expression coined by President Roosevelt in 1933, is generally used to describe the successes and accomplishments of a government at the time when their power is greatest. During the 2008 election campaign, John Key issued...
    The Daily Blog | 20-04
  • Pharrell: a new brand of feminism?
    I think most people heard about how the song Blurred Lines featuring and co-written by Pharrell and performed by Robin Thicke (who has adeptly just been named “Sexist of the Year”) really pissed a lot of people off last year. ...
    The Daily Blog | 20-04
  • Why Easter holidays should always be mandatory and retail free
    The moaning from retailers that they can’t open the cash registers and worship the consumer culture of consumption over Easter bores me immensely because I’ve always believed that public holidays should be mandatory. It’s not that I really care about...
    The Daily Blog | 19-04
  • Why punish the parents of the disabled?
    Parents who have adult children with disabilities saw a glimmer of hope when the promise for payment for caring for their children was given. But like most things, the complicated and relentless bureaucracy of the whole process shows a completely...
    The Daily Blog | 19-04
  • Our government: still no idea
    Happy Easter everyone, bad weather aside. A previous post of mine was called “The Government with no ideas”.  Unsurprisingly, the theme of the piece was of a current government thoroughly absent of any creative ideas or solutions to assist more...
    The Daily Blog | 18-04
  • 12 things Forbes has to say about NZs about to burst economic bubble
    Forbes is not known for their socialist or left wing activism, so when they predict a grim economic failure, we should should collectively poo ourselves a little. National often get given this perception that somehow they are better economic mangers....
    The Daily Blog | 18-04
  • That Sinking Feeling: Labour’s urgent need for persuasive words and coura...
    THE LATEST ROY MORGAN POLL has Labour on 28.5 percent (down 3.5 percent) and the Greens on 11.5 percent (down 1.5 percent). At 40 percent, the combined vote of the two main centre-left parties has fallen 5 percentage points since...
    The Daily Blog | 18-04
  • Why the Labour movement should support a Universal Basic Income
    The Mana movement’s support of the idea of a universal basic income is a welcome development. It could become one of the litmus issues that define the party and prove extremely popular. If Mana are in a position to do...
    The Daily Blog | 18-04
  • Legal high and cannabis regulation
    I marched through Henderson last month with my fellow Westies to express our concern about the impact of so called “legal highs” on our community. Some people chanted loudly calling for banning, some expressing anger at the parliamentarians who voted...
    The Daily Blog | 18-04
  • Know your Tory fellow travellers and ideologues: John Bishop, Taxpayers Uni...
    . . On 19 March, I reported on the Board members of the so-called “Taxpayers Union”. With one exception, every single member of the Taxpayers Union Board was a current (or recent) card-carrying member or supporter of the National and/or...
    The Daily Blog | 17-04
  • GUEST BLOG: Daniel Bruce – Internet Party: What Seems Ridiculous To The O...
    Imagine you’re a 18-21 year old, from a working class family. You’ve never had a landline phone at home, because your parents can’t afford the fixed monthly bills, so everyone in your familiy has a pre-pay mobile phone. Because of the same tight...
    The Daily Blog | 17-04
  • Greens to push for housing standards in MOU with Government
    Source: Green Party – Press Release/Statement: Headline: Greens to push for housing standards in MOU with Government Tuesday, 28 Aug 2012 | Press Release We don’t need any more official reports. We know the problem and we have the plans....
    The Daily Blog | 17-04
  • Mighty River squanders $3.8m preparing for sale
    Source: Green Party – Press Release/Statement: Headline: Mighty River squanders $3.8m preparing for sale Tuesday, 28 Aug 2012 | Press Release New Zealanders do not want asset sales and they do not want the Government wasting millions of dollars on...
    The Daily Blog | 17-04
  • Government’s economic agenda on shaky ground
    Source: Green Party – Press Release/Statement: Headline: Government’s economic agenda on shaky ground Monday, 27 Aug 2012 | Press Release Instead of betting on a boom and bust industry and selling off assets the government needs to invest in a...
    The Daily Blog | 17-04
  • National’s tax cuts haven’t cut tax avoidance
    Source: Green Party – Press Release/Statement: Headline: National’s tax cuts haven’t cut tax avoidance Sunday, 26 Aug 2012 | Press Release It is not fair that many rich New Zealanders are cheating on their tax. National’s 2010 tax cuts, that...
    The Daily Blog | 17-04
  • Waitangi Tribunal report adds to crisis in asset sales agenda
    Source: Green Party – Press Release/Statement: Headline: Waitangi Tribunal report adds to crisis in asset sales agenda Friday, 24 Aug 2012 | Press Release In its rush to sell our assets, National has found itself in a crisis of its...
    The Daily Blog | 17-04
  • Privacy across all departments needs checking
    Source: Green Party – Press Release/Statement: Headline: Privacy across all departments needs checking Friday, 24 Aug 2012 | Press Release “People don’t have a choice about giving their information to the state so the Government has an absolute duty to...
    The Daily Blog | 17-04
  • Reports show Government role in driving ACC dysfunction
    Source: Green Party – Press Release/Statement: Headline: Reports show Government role in driving ACC dysfunction Thursday, 23 Aug 2012 | Press Release Restoring public trust and confidence is an essential goal and will require very major change starting from the...
    The Daily Blog | 17-04
  • Government must front up on full costs of asset sales
    Source: Green Party – Press Release/Statement: Headline: Government must front up on full costs of asset sales Thursday, 23 Aug 2012 | Press Release It’s time for the Government to front up over just how much these asset sales are...
    The Daily Blog | 17-04
  • New report: middle NZ worse off, inequality grows
    Source: Green Party – Press Release/Statement: Headline: New report: middle NZ worse off, inequality grows Thursday, 23 Aug 2012 | Press Release Our society has never been as unequal as it is today. New research from the Ministry of Social...
    The Daily Blog | 17-04
  • Government to delay addressing climate change indefinitely
    Source: Green Party – Press Release/Statement: Headline: Government to delay addressing climate change indefinitely Thursday, 23 Aug 2012 | Press Release “It would be a shock for any other Government to introduce such a self-defeatist piece of legislation but unfortunately...
    The Daily Blog | 17-04
  • Time to deliver on 26 weeks Paid Parental Leave
    Source: Labour Party – Press Release/Statement: Headline: Time to deliver on 26 weeks Paid Parental Leave Today marks two years since Labour MP Sue Moroney’s Bill extending paid parental leave to 26 weeks was drawn from the members’ ballot. “It’s...
    The Daily Blog | 17-04
  • Taxpayers robbed of $130m in Genesis sale
    Source: Labour Party – Press Release/Statement: Headline: Taxpayers robbed of $130m in Genesis sale Kiwi taxpayers have been robbed of $130 million by the Government in its final failed asset sale, says Labour’s SOEs spokesperson Clayton Cosgrove. “National set the...
    The Daily Blog | 17-04
  • Service for victims of sexual violence pushed out in cold
    Source: Green Party – Press Release/Statement: Headline: Service for victims of sexual violence pushed out in cold Thursday, 17 Apr 2014 | Press Release Christchurch cannot afford to lose this agency The Green Party is calling on Housing New Zealand...
    The Daily Blog | 17-04
  • Resignation rates among cops soar
    Source: Labour Party – Press Release/Statement: Headline: Resignation rates among cops soar The number of frontline officers quitting the police force is at a four-year high, with more than 350 walking off the job in the past year, Labour’s Police...
    The Daily Blog | 17-04
  • Work visa problems need monitoring
    Source: Labour Party – Press Release/Statement: Headline: Work visa problems need monitoring The Government is handing out temporary work visas to migrants to work in jobs that could easily be filled by unemployed Kiwi workers in the Christchurch rebuild, says...
    The Daily Blog | 17-04
  • Legal high ban worthy of wider pick-up
    Source: Labour Party – Press Release/Statement: Headline: Legal high ban worthy of wider pick-up Auckland Council’s ban on using legal highs in a public place is an excellent idea that should be replicated around New Zealand, says Labour’s Associate Health...
    The Daily Blog | 17-04
  • Smith sells state P-houses to first home buyers
    Source: Labour Party – Press Release/Statement: Headline: Smith sells state P-houses to first home buyers Nick Smith must reassure worried first home buyers that any Housing NZ houses sold under his First Home policy will be tested for P contamination...
    The Daily Blog | 17-04
  • Brazil: Human rights under threat ahead of the World Cup
    Source: Amnesty International NZ – Press Release/Statement: Headline: Brazil: Human rights under threat ahead of the World Cup     Protests in Brazil:Brazil Franciscan friar kneels in front of Brazilian riot police officers asking for calm during confrontation with Landless...
    The Daily Blog | 16-04
  • Brazil: Human rights under threat ahead of the World Cup
    Source: Amnesty International NZ – Press Release/Statement: Headline: Brazil: Human rights under threat ahead of the World Cup     Protests in Brazil:Brazil Franciscan friar kneels in front of Brazilian riot police officers asking for calm during confrontation with Landless...
    The Daily Blog | 16-04
  • Libya: Trial of former al-Gaddafi officials by video link a farce
    Source: Amnesty International NZ – Press Release/Statement: Headline: Libya: Trial of former al-Gaddafi officials by video link a farce     Saif al-Islam al-Gaddafi will face the courts on 14 April. © IMED LAMLOUM/AFP/Getty Images         Read...
    The Daily Blog | 16-04
  • Libya: Trial of former al-Gaddafi officials by video link a farce
    Source: Amnesty International NZ – Press Release/Statement: Headline: Libya: Trial of former al-Gaddafi officials by video link a farce     Saif al-Islam al-Gaddafi will face the courts on 14 April. © IMED LAMLOUM/AFP/Getty Images         Read...
    The Daily Blog | 16-04
  • Algeria: Pre-election clampdown exposes ‘gaping holes’ in human rights ...
    Source: Amnesty International NZ – Press Release/Statement: Headline: Algeria: Pre-election clampdown exposes ‘gaping holes’ in human rights record     Freedom of expression, association and assembly are under threat ahead of elections in Algeria. © FAROUK BATICHE/AFP/Getty Images    ...
    The Daily Blog | 16-04
  • Algeria: Pre-election clampdown exposes ‘gaping holes’ in human rights ...
    Source: Amnesty International NZ – Press Release/Statement: Headline: Algeria: Pre-election clampdown exposes ‘gaping holes’ in human rights record     Freedom of expression, association and assembly are under threat ahead of elections in Algeria. © FAROUK BATICHE/AFP/Getty Images    ...
    The Daily Blog | 16-04
  • Viet Nam: Prisoners of conscience released but dozens remain jailed
    Source: Amnesty International NZ – Press Release/Statement: Headline: Viet Nam: Prisoners of conscience released but dozens remain jailed     Vietnamese activist Nguyen Tien Trung was one of the prisoners of conscience released this week. © Private      ...
    The Daily Blog | 16-04
  • Viet Nam: Prisoners of conscience released but dozens remain jailed
    Source: Amnesty International NZ – Press Release/Statement: Headline: Viet Nam: Prisoners of conscience released but dozens remain jailed     Vietnamese activist Nguyen Tien Trung was one of the prisoners of conscience released this week. © Private      ...
    The Daily Blog | 16-04
  • PM’s China visit assisted Oravida, not Fonterra
    Source: Labour Party – Press Release/Statement: Headline: PM’s China visit assisted Oravida, not Fonterra Questions must now be asked whether it was Fonterra or Oravida who really benefited from the Prime Minister’s recent visit to China, Labour’s Primary Industries spokesperson...
    The Daily Blog | 16-04
  • New Zealand’s use of ozone depleting gases increases
    Source: Green Party – Press Release/Statement: Headline: New Zealand’s use of ozone depleting gases increases A new Government report highlights that the amount of ozone depleting gases New Zealand is using is increasing, the Green Party said today. The report...
    The Daily Blog | 16-04
  • The issues behind the possible MANA-Internet Party Alliance
      Last weekend Kim Dotcom spoke at MANAs AGM to discuss the possibility of the Internet Party and MANA Party working together to defeat John Key this election. As someone who knows both Hone and Kim, I have a unique...
    The Daily Blog | 16-04
  • Manufacturing Upgrade
    Source: Labour Party – Press Release/Statement: Headline: Manufacturing Upgrade   Labour is determined to support and grow our manufacturing sector. These policies grew out of the findings of the 2013 Parliamentary Inquiry into Manufacturing.   – The claims and opinions...
    The Daily Blog | 16-04
  • Get work on 29th and the ANZAC spirit deserts the TPPA
      Groser and co would have been spitting tacks last week as the ANZAC spirit deserted the TPPA negotiations. Australia has done a deal directly with Japan which undercuts the demand for Japan to opening all agriculture in the TPPA....
    The Daily Blog | 16-04
  • No fracking solution to climate change
    Some British tabloids and oil lobbyists have jumped on comments made by an Intergovernmental Panel on Climate Change author that fracking could play a role in addressing climate change as an argument for it here in Aotearoa, so is fracking...
    The Daily Blog | 16-04
  • At Last: A Manufacturing Policy
    Source: First Union – Press Release/Statement: Headline: At Last: A Manufacturing Policy Date of Release:  Thursday, April 17, 2014 Body:  FIRST Union congratulates Labour on the release of its Manufacturing policy today. The union represents workers in the wood, food and...
    The Daily Blog | 16-04
  • Tariana Turia: Labour doesn’t deserve our vote
    Maori Party Co-leader Tariana Turia told TVNZ’s Q+A programme that Labour doesn’t deserve the Maori vote. ‘I don’t believe they deserve our vote any more....
    Scoop politics | 20-04
  • Family Court Consumers Group appalled at legal rort
    Family Court Consumers Group appalled at Lawyer for Child's "1 meeting in 10 years" taxpayer funded legal rort...
    Scoop politics | 19-04
  • Manufacturing Matters to New Zealand – 17 April
    The Labour Party announcement today recognises the simple truth that the manufacturing sector really matters to New Zealand’s economy as a whole, based on the part manufacturing plays in the growth of the added value element in the tradable sector,...
    Scoop politics | 19-04
  • Young Kiwi to Represent New Zealand at Premier Youth Forum
    Young Kiwi to Represent New Zealand at Premier Youth Forum FOR IMMEDIATE RELEASE Commonwealth Youth New Zealand Executive Director, Aaron Hape, has been selected to represent New Zealand at 33Fifty, the Commonwealth Youth Leadership Programme,...
    Scoop politics | 19-04
  • Lisa Owen interviews Green Party co-leader Metiria Turei
    Greens propose new ministerial disclosure regime based on British rules, requiring quarterly declarations of ministers' meetings, travel and hospitality....
    Scoop politics | 19-04
  • Politicians Should Maintain Workers’ Easter Break
    Family First NZ is rejecting calls for any liberalisation of Easter trading laws and says that workers deserve a break to spend time with their families. “This is not an issue about choice as has been argued. For many workers,...
    Scoop politics | 19-04
  • Lisa Owen interviews experts on Antacrtica
    Lisa Owen interviews Chuck Kennicutt and Gary Wilson on Antarctica Headlines: Top Antarctic scientists warns New Zealand "not ready" for worst as ice shelves and sea ice in Antarctica retreat and the climate changes Gary Wilson: "Can...
    Scoop politics | 19-04
  • Beyond the State – NZ State Houses from Modest to Modern
    As part of the our 'Active Hand of Government' series for 2014, we present Bill McKay, Senior Lecturer, School of Architecture and Planning, speaking to his new publication....
    Scoop politics | 19-04
  • Global unions applaud NZ ‘slave ships’ progress
    Global unions the ITF (International Transport Workers' Federation) and IUF (International Union of Food, Agricultural and Hospitality Workers) today applauded the steps forward made in preventing often shocking abuse of crews on fishing vessels in New Zealand...
    Scoop politics | 17-04
  • Families before commerce at Easter
    Families before commerce at Easter The retail workers’ union has hit back at critics of New Zealand's modest Easter trading restrictions. "Some things are more important than going to the mall, and for just three and a half days each...
    Scoop politics | 17-04
  • Easter trading laws archaic, in need of overhaul
    Press release: ACT New Zealand Easter trading laws are outdated and in need of a major overhaul, said ACT leader Jamie Whyte today....
    Scoop politics | 17-04
  • ALCP welcomes Campbell Live poll result
    The Aotearoa Legalise Cannabis Party welcomes last night's Campbell Live poll, saying it is an overdue reality check for public opinion on personal cannabis use....
    Scoop politics | 17-04
  • Q+A This Week 20/4/14
    Q+A This Week SUNDAY 20 APRIL, 9AM ON TV ONE The latest on the US-NZ relationship from the US military’s top man in the Pacific, Admiral Samuel J. Locklear . Deputy Political Editor Michael Parkin asks him whether we’re allies,...
    Scoop politics | 17-04
  • Community detention for pokie theft
    A 67-year-old former company director, convicted of stealing pokie machine profits, was today sentenced to six months community detention, 160 hours of community work and ordered to make reparation of $6,000....
    Scoop politics | 17-04
  • Waitangi National Trust Board Amendment Bill
    The Māori Affairs Committee is inviting public submissions on this bill. The closing date for submissions is Wednesday, 14 May 2014....
    Scoop politics | 17-04
  • Collaboration stops drugs from crossing borders
    Collaboration between Hong Kong and New Zealand Customs has stopped millions of dollars worth of drugs coming into New Zealand this year, with a number of seizures and arrests in both countries....
    Scoop politics | 17-04
  • Call for public enquiry into the future of farming
    Fish & Game NZ is calling for a public enquiry “to examine the future of agriculture in New Zealand”....
    Scoop politics | 17-04
  • Comment on Labour Policy Announcement by NZMEA President
    “This policy release from the Labour Party is so important that if it becomes government policy it would define a shift in New Zealand’s culture,” says Brian Willoughby President of the NZMEA and Managing Director of Plinius Audio and Contex...
    Scoop politics | 17-04
  • Manufacturing policy makes sense but….
    On the surface much of Labour's prescription for manufacturing is sound though questions remain over some of the detail not yet announced, the Employers and Manufacturers Association says....
    Scoop politics | 17-04
  • Where Are The 15,000 Jobs?
    “Paula Bennett is today proudly telling New Zealand that beneficiary numbers have decreased by 15,000 in the past year. There is no proud declaration that 15,000 jobs have been created in the same period,” says Auckland Action Against Poverty spokesperson,...
    Scoop politics | 17-04
  • Change of approach to government procurement needed
    The rail engineering industry has been totally let down by National’s lack of manufacturing policy, and Labour’s measures outlined today represent a marked shift in approach to supporting domestic industries, the RMTU said today....
    Scoop politics | 17-04
  • Depreciation Policy Shouldn’t Be Just for Pet Industries
    The Taxpayers’ Union is welcoming Labour’s announcement to beef up rates of depreciation in the manufacturing sector, but is questioning why David Cunliffe is picking winners rather than applying the policy across all sectors. Jordan Williams,...
    Scoop politics | 17-04
  • FIFA U-20 World Cup NZ 2015 Kick Off Times Announced
    An array of kick-off times to suit football fans of all ages has been confirmed for the FIFA U-20 World Cup New Zealand 2015. With 52 matches spread across the nation, the public will be able to enjoy a collection...
    Scoop politics | 17-04
  • “Legitimate purpose” provides no protection under 167 form
    On Radio New Zealand today, the Privacy Commissioner indicated that ACC could only request information that was "relevant" for a "legitimate purpose". His view was therefore that the ACC167 form is not a "blank cheque" or...
    Scoop politics | 17-04
  • State: still keeping you safe on the road this Easter
    The long-awaited Easter/ Anzac break is nearly upon us while the weather may have taken a turn for the worse in several parts of the country, many Kiwis will still be packing up their cars to take a road trip....
    Scoop politics | 17-04
  • Govt plan for community input into residential red zone
    Christchurch Mayor Lianne Dalziel has welcomed Prime Minister John Key’s announcement today of a community participation process for the public to have a say on the future use of the residential red zone....
    Scoop politics | 17-04
  • Governor-General to visit Turkey
    The Governor-General, Lt Gen The Rt Hon Sir Jerry Mateparae, is to visit Turkey next week to lead New Zealand’s representation at the annual Gallipoli commemorations....
    Scoop politics | 17-04
  • Actions of Police prior to death in custody were justified
    A report by the Independent Police Conduct Authority on the death of Adam Palmer while in Police custody found the actions of Police were justified during the arrest. The report also found that Police took all possible steps to try...
    Scoop politics | 17-04
  • New Electorate Boundaries Finalised
    New boundaries for the country’s 64 General and seven Māori electorates have been finalised – with an additional electorate created in Auckland. The 2014 Representation Commission has completed its statutory role of reviewing and redrawing electorate...
    Scoop politics | 17-04
  • Save The Children Welcomes Strengthening Children’s Rights
    Save the Children New Zealand welcomes a new treaty which allows children to complain directly to the UN Committee on the Rights of the Child about alleged violations of their rights....
    Scoop politics | 16-04
  • Labour takes manufacturing seriously
    Labour takes manufacturing seriously Manufacturing workers and employers will all benefit from economic policies announced today by the Labour Party leader, David Cunliffe. The Engineering, Printing and Manufacturing Union has welcomed the announcement...
    Scoop politics | 16-04
  • Manufacturing policy welcomed
    “Today’s announcement of Labour’s manufacturing policy is very welcome,” says CTU Economist Bill Rosenberg. “Just as many other developed countries are realising, having a strong manufacturing sector pays off in good jobs, retaining...
    Scoop politics | 16-04
  • Operation Unite – a Blitz on Drunken Violence
    New Zealand Police are hoping to reduce the number of victims from alcohol related crime by asking the public to say ‘Yeah, Nah’ more often this holiday weekend....
    Scoop politics | 16-04
  • Dunne Speaks
    Dunne Speaks 17 April 2014 There have been a number of harrowing cases presented this week about the impact of psychoactive substances on vulnerable young people. At one level, the tales are deeply disturbing. It is awful to see anyone...
    Scoop politics | 16-04
  • Research announcement welcomed
    A leading Māori researcher has welcomed the announcement of the 2014 Te Pūnaha Hihiko - Vision Mātauranga Capability Fund by Science and Innovation Minister Steven Joyce and Māori Affairs Minister Dr Pita Sharples....
    Scoop politics | 16-04
  • At Last: A Manufacturing Policy
    At Last: A Manufacturing Policy FIRST Union congratulates Labour on the release of its Manufacturing policy today. The union represents workers in the wood, food and textile manufacturing sectors. “In a week that has seen another manufacturing company,...
    Scoop politics | 16-04
  • Republic campaigners still positive after royal visit
    "Campaigners for a New Zealand Head of State are still feeling positive after ten days of royal events" says NZ Republic Chair, Savage. "Our polling before the visit showed increased support for a kiwi head of state. We have a...
    Scoop politics | 16-04
  • Selling homes to foreigners benefits New Zealanders
    Winston Peters has apparently convinced David Cunliffe that when foreigners buy New Zealand property they make New Zealanders worse off. Mr Cunliffe has announced his intention to adopt Winston Peters’ policy of banning foreigners from buying...
    Scoop politics | 16-04
  • Taxpayers’ Union Welcomes Key’s Rejection of ‘Fat Tax’
    The Taxpayers’ Union is welcoming Prime Minister John Key’s rejection of fat and sugar taxes ahead of this year's election. Jordan Williams, Executive Director of the Union, says:...
    Scoop politics | 16-04
  • Law Commission Paper on a New Crown Civil Proceedings Act
    The Law Commission has released A New Crown Civil Proceedings Act for New Zealand , its Issues Paper on reforming the Crown Proceedings Act 1950. The Issues Paper proposes a new statute to replace the Crown Proceedings Act 1950....
    Scoop politics | 16-04
  • Focus must now go on fishing industry jobs for NZ workers
    Maritime Union says focus must now go on fishing industry jobs for New Zealand workers...
    Scoop politics | 16-04
  • Make the choice to stay safe on the road
    With Easter and Anzac Day giving us two successive long weekends this year there will be a lot of happy families preparing for trips....
    Scoop politics | 16-04
  • Students Welcome Engagement with StudyLink
    The New Zealand Union of Students’ Associations (NZUSA) has welcomed the improved performance from StudyLink in 2014. There is no doubt that getting their loans and allowances processed on time makes it easier for students to concentrate on being...
    Scoop politics | 16-04
  • Deaf And Hard of Hearing New Zealanders Marginalised
    Deaf And Hard of Hearing New Zealanders Marginalised Imagine if you could not access vital news and information. What would you do?...
    Scoop politics | 16-04
  • Public lose interest in this council, 2016 to be a watershed
    The second term Auckland Council is proving to be an interesting one and very different to the inaugural 2010 – 2013 Governing Body. We are currently going through a budget round to lock in where council’s $3b expenditure is directed...
    Scoop politics | 16-04
  • Labour and National join forces in new Maori confiscations
    Chris McKenzie, former-treaty negotiator and Te Tai Hauauru Maori party candidate, says that the Minister of Primary Industries’ plans to remove temporary exemptions for vessel operators derived from settlement negotiations is akin to confiscation...
    Scoop politics | 16-04
  • The FCV Bill – Flagging 30 years of failures?
    Paying seafarers at least a minimum wage under the Minimum Wage Act 1983 has applied to the New Zealand fishing industry for more than 30 years. It was, and is, a basic protection which had two universals – it was...
    Scoop politics | 16-04
  • Oxfam’s Morning Tea 2014
    Oxfam’s Morning Tea 2014 Kiwis across the country are getting together over a cuppa to make a difference in the lives of people living in poverty in the developing world. They’re getting involved in Oxfam’s Morning Tea, a fun and...
    Scoop politics | 16-04
  • 1 in 4 Want to Improve Financial Literacy But Don’t Know How
    1 in 4 Want to Improve Financial Literacy But Don’t Know Where to Go...
    Scoop politics | 16-04
  • Rio Tinto Wins 2013 Roger Award
    Sky City Casino Second, Chorus Third - The criteria for judging are by assessing the transnational (a corporation with 25% or more foreign ownership) that has the most negative impact in each or all of the following categories: economic dominance...
    Scoop politics | 16-04
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