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Tax cuts busted

Written By: - Date published: 7:13 am, December 16th, 2010 - 66 comments
Categories: bill english, national, tax - Tags: ,

Tax cuts don’t cause growth. I hate to say I told you so, but they don’t. And slowly, some of the right wing commentators are starting to wake up. Here’s Fran O’Sullivan:

Prime Minister John Key yesterday displayed all the characteristics of a man deeply afflicted with political Tourette’s syndrome as he tried to convince Parliament how much better off New Zealand was when it comes to exploding Government debt levels compared with Portugal, Ireland, Iceland, Greece and Spain and emerging Pigs like the US and the UK. …

But all the elaborate dancing on the head of the proverbial pin does not disguise the raw reality that English’s billion-dollar bet that his Budget tax-go-round would turbo-charge New Zealand’s economic growth has (so far) proved to be a fizzer.

Even before Treasury’s “show and predict” exercise – aka the half-yearly economic and fiscal update or hyefu – it was obvious that many Kiwis were using their tax cuts to pay down personal debt rather than helping spur economic activity by consuming, and, that the self-employed and corporates were not contributing as much as expected to tax revenues. Just how much became apparent yesterday with the $1.4 billion drop in forecast tax revenue for this financial year.

The overall upshot is the Government’s cash deficit has blown out from $13.3 billion to $15.6 billion this year taking into account the unexpected expenditure and the drop in forecast tax revenue. …

The Government will increase its borrowing level from $250 million to $350 million a week. …

The Government’s response has been to order another review of expenditure. But it says it will not touch the so-called “broadly neutral” tax cuts even though they are not having the desired economic effects.

Under the circumstances, Bill English should no longer be able to get away with the outright lie that the tax swindle is “broadly neutral”.

Under the circumstances, it is ludicrous of the Nats to keep pushing, or any commentator to ever believe again, the outright lie that tax cuts “cause growth” (further excellent examples and resources here).

The Nats have got one and only one economic policy. Tax cuts. They don’t work. Now what?

66 comments on “Tax cuts busted”

  1. Salsy 1

    #2 Sell assets

    • r0b 1.1

      Mmmm yes, right you are. Shut out in the first term, but second term it’s all go. If they get a second term…

  2. M 2

    This is because of Cullen’s prudence Johnny not any of your doing. Key again tries to shift the blame for his own incompetence with such a statement. It’s like an abusive man saying, “Well I sometimes swear at her and put her down a lot, but a least I don’t beat her.”

    ‘Now what?’

    New left government please, with some balls to do what’s right and needed. If another year of a stagnant economy and worsening social outcomes isn’t enough for people to change the government then we’ll end up like Ireland, the UK and the US.

  3. Carol 3

    I’m glad to see that Key’s song and dance, diversionary, clown performance in the House yesterday, didn’t even convince some of his supporters. We need a real PM – someone who knows how to do the job and make credible plans and policies for the country, not a celebrity wannabe, who just games the system and governs by photo-opportunities.

  4. Peter Martin 4

    Seems to me that if we are borrowing 250 million per week and our tax ‘cuts’ are going to repay debt then all we are doing is converting personal debt into Govt debt.
    Unless yer finding that the tax ‘cuts’ are actually being used in the general day to day expense of living…

    • Pascal's bookie 4.1

      all we are doing is converting personal debt into Govt debt

      And when you look at the question of who is using their ‘tax cut’ to pay back significant debt,

      and how the tax burden has shifted,

      you see who’s debt has been converted,

      and who else will be paying for it.

      (few/many. etc)

      • Draco T Bastard 4.1.1

        Exactly, the rich are getting a massive taxpayer bailout by stealth.

        • burt 4.1.1.1

          So the rich are paying less tax under National than when Labour were driving them all out of the country and that is a bailout. What a piss weak understanding you have of tax.

          • Draco T Bastard 4.1.1.1.1

            burt, you’re still an idiot.

            It’s not about tax but about the economy. It’s limited (renewable resource base) and the rich don’t actually produce any wealth. As the rich don’t actually produce any wealth then the money they have isn’t actually theirs but has been stolen from everyone else through application of inequitable and immoral rules.

            PS, if the taxes were driving them all away why didn’t they all leave?

          • burt 4.1.1.1.2

            Oh right, so when taxes go up for the rich they are bailing out the govt… I can understand why envious people who can’t stand seeing other have more them themselves like socialism. You don’t need to think rather you can just repeat BS about the rich being parasites that keep you poor because being a socialist you need to blame others for your own situation.

            • Draco T Bastard 4.1.1.1.2.1

              Ah, more of the “envy” lines from C/T – just what I’d expect from an idiot who can’t think for himself.

            • burt 4.1.1.1.2.2

              Well if you can find another explanation for why you hate the big earners who pay the most tax then please – spell it out.

            • Peter Martin 4.1.1.1.2.3

              I would suggest that those who earn the average wage or less will spend, rather than save their tax cut and conversely, those who earn over the average wage, would save and repay debt. Those who are well over the average obviously can save and repay more. But given we are borrowing to, in part, afford those tax cuts, isn’t the net effect to have the Govt borrowing money to repay private debt.
              That could well be some more palatable form of socialism more suited to those who feel uneasy being seen to get a handout. *s*

  5. lefty 5

    It is seriously underestimating these people to put their actions down to incompetence They know exactly what they are doing, as do their cheerleaders in the media.

    Everything is going according to plan. The crisis is coming together nicely, soon the logic of flick ing off some state assets to key’s mates will seem overwhelming.

    The manufacturing of further crisis in welfare, ACC and Super are also at an advanced stage of implementation.

    The investment in funding the National Party by the likes of private prison providers is starting to pay a dividend.

    Its party time for the rich and their hangers on.

    And there is no real parliamentary opposition.

    • Draco T Bastard 5.1

      And there is no real parliamentary opposition.

      That’s because all the parties seem to be owned by the rich.

    • BLiP 5.2

      Yep. Pumping the economy full of bankster-funded debt, running-down existing public services, and wandering about distracting the media with the “smile’n’wave” PR is a deliberate ploy to provide the leverage required for cleaving off state assets and avoid public scrutiny while going about it.

  6. Bernard Hickey in today’s Herald had some inciteful comments concerning our debt. He said:

    Our net foreign debt is as high as Greece’s and Ireland’s, both of whom have just suffered the indignity of being ‘bailed out’ by the international powers-that-be after effectively being judged bankrupt as nations.

    In their cases the International Monetary Fund and the European Union dictated massive cuts in public spending and new taxes. Their downfalls were preceded by credit rating downgrades.

    Standard and Poor’s put New Zealand’s AA+ credit rating on negative outlook a few weeks ago. As recently as March last year Ireland had a credit rating that was one notch better than New Zealand’s.

    The former Celtic Tiger also once had public debt levels similar to ours relative to GDP, but now has a rating four notches below our rating.

    New Zealand’s growth rate has been the slowest in the OECD in the last 40 years and shows no signs of improving any time soon. Our government is borrowing up to NZ$300 million a week and is running a structural deficit running at about 4 per cent of GDP.

    The government has just announced a slump in revenues leading to a cash deficit of NZ$15.7 billion or 7.7 per cent of GDP this year. It has also just increased its borrowing programme by NZ$10.5 billion over the next 3 years. That is almost all foreign borrowing.

    In fact, it’s somewhat strange that we haven’t already been hauled over the coals by our creditors and the markets.

    Our net foreign debt is set to widen past the 100 per cent of GDP danger point in the next four years, Treasury has forecast, although the government believes stronger commodity prices will help reduce that widening in coming years.

    Our net foreign debt is in the Greek/Irish/Portugese/Spanish zone.

    Understanding why we’ve gotten off so lightly helps explain what any bankruptcy might look like.

    New Zealand’s foreign debt problem is a household debt problem, rather than a government debt problem, like it was in Greece and Ireland.

    Thank you Mr Cullen. Imagine what situation we would be in if he had given tax cuts and blown all of the surplusses.

    • Sean 6.1

      Agreed – thank you Dr Cullen!

      It was great having a Finance Minister who considered preparing the country for bad times part of his job.

    • Herodotus 6.2

      But MS Cullen and co left us no legacy. There was no thought into setting up systems/infrastructures etc to enable NZ to have a substainable economy. All that was left after 08 were leaking houses (negating 1% GDP annualised growth under Labour), immigration (just importing growth), and dairy conversions, and alot more cafes. And yes mining and petrol chemicals and greatly increased over the last few years. Have alook at NZ debt, just mushroomed. We still had in 08 about $30b of govt debt, down from $40b in 98 (give or take a $b or 2 ;-))
      We grow grass pre 99 and sheep fed on it, now we grow grass and cows feed of it, nothing has changed We Grow Grass.
      Cullen was the best thing for NZ for about 4 years to stabilise NZ, then NZ stagnated as there was no vision or ability to grow and take hold of an opportunity that may not be avaiable again to this generation. Just look at the curent account deficits that were rung up over the Lab years, and nothing was done about it (Issue is still not resolved under Nats), mainly because the masses did not understand the implications of this on going deficit.
      p.s. to be balanced the current mis-diretion is also not the cure of our ills.

      • r0b 6.2.1

        But MS Cullen and co left us no legacy.

        You mean apart from nil government debt, KiwiSaver, the Cullen Fund, KiwiBank, KiwiRail, record low unemployment, children lifted out of poverty, and so on?

        • Craig Glen Eden 6.2.1.1

          Cullen might not have got everything right and I am sure in hindsight he would probably have done some things differently but thank God Bill English wasnt in charge we would have nothing left in the pantry.

          KiwiSaver and the ACC fund might not have seemed to tasty at the time but as it turns out it may just stop us from starving.

          • Draco T Bastard 6.2.1.1.1

            If Blinglish, Brash and Key had been anywhere near the Treasury benches over the last decade we would be in the same straights as Ireland.

            • fermionic_interference 6.2.1.1.1.1

              No mate, You aren’t being realistic.
              If we had stayed at the same levels of Govt debt, that we had under The national Govt by the 1999 election, we would’ve been ONE OF THE FIRST TO FAIL probably even before Greece.
              Govt debt in 98-99 was what between 75-90% of GDP if I remember correctly ( can someone with time to spare find accurate data please)
              which was very close the the same levels as that of Greece and Ireland when they needed to be bailed out.
              In september 09 we were at 133.6% of GDP in debt to overseas financiers within the corporate sector alone.
              Fortunately in March 08 Govt debt was at 9.1% which became 12.9% by Sept 09.
              a 3.8% rise during the worst of the GFC, thank goodness we had been left IN A STRONG FISCAL POSITION BY LABOUR.

              This link gives details of the debt burden percentages shown above.
              http://www.wsws.org/articles/2010/apr2010/newz-a08.shtml

              Yes Burt I know it’s a socialist media outlet but they had the best data I could find off hand.

        • AndyB 6.2.1.2

          can you please show me where i see the government had nil debt in 2008. because from what i can find, it looks like it was more like 40bn government debt in June 2008.

          • r0b 6.2.1.2.1

            Sorry – typing too fast what I have typed a million times before – “almost nil government debt” is correct. Not sure where you 40bn figure comes from, but a lot of discussion of “NZ debt” fails to distinguish between government and private.

            • AndyB 6.2.1.2.1.1

              yea, pretty hard to find the exact data i am looking for, but this guy seems to have laid it out pretty well. admin, not a trusted source tho:

              http://www.johnpemberton.co.nz/html/government_debt.html

              Government debt as at June 2008 46bn, rising to 61bn in 2009 and 69bn in 2010. That doesn’t seem to take into account personal debt, but i could be wrong.

            • mickysavage 6.2.1.2.1.2

              The nil debt is net and includes ACC’s reserves and the Cullen Fund.

              Figures and information are at http://www.treasury.govt.nz/government/financialstatements/yearend/jun07

              Gross debt was $36b, there was no net debt.

              • Sorry I meant to say the net debt was nil …

                Need more coffee

              • AndyB

                Thanks for that Micky. I would still say that our current net position is to be expected after a long period of recession and rather bad outlook. Tax take is down, as to be expected, due to people not spending, companies not making as much money, and a rising unemployment rate.

                I guess any income surplus is being either saved or used to pay down private debt. Which ballooned over the last decade due to buying stuff we didn’t need with money we didn’t have.

                Once people start spending (hopefully in the new year), tax and GST revenues will go up again and government debt can be repaid.

                Unemployment rate is up (bad), but still better than a lot of countries, and hopefully we are at the worst of it now, tho with petrol at $2 a litre, things aren’t looking that rosy.

              • r0b

                Thanks for the clarification micky.

                • Herodotus

                  But this figure that Mickey comments on includes things like student loans of $10b (reducing govt aid to unis and transferring this cost to the student and from operating to Bal Sheet), ACC, NSF, EQC, Cullen fund etc but much of the asset side is not available for gereral govt use, these items have been tagged. Even Nats would not venture to do that !!!
                  Labs timing to be govt was perfect and allowed people to point the finger at this net nil debt. As stated before we had about 35% increase in GDP over the 9 years. This includes those houses we built that cannot perform their function- to house and protect the occupant from outside conditions, keep warm and dry. So we spendt $20b to build a house and then another $20b to fix it up. then say look GDP up govt tax take up (GST and Term Tax).
                  Because of the fast times there were less people on benefits, yet when the bubble busrt the nos were always going to increase.
                  Still no one addrersses the stats that cannot be manipulated like the current account, out nat overseas debt. Even the old Values party would have left govt in 08 with the books looking great.
                  We now even have senior Lab people stating that what was done was wrong. Res Bank act, Neo Lib values etc. Reger David Cunliffs speach a few weeks ago.
                  Give me the countries reigns and I coul dleave the books looking great. GST at 20% and tax rates similar to Aussie. same as councils just speand whatever and increase the income to balance.;-)
                  take care Mickey- I stated also that the current course is not for long term benefit. Just let the action commence at Botany, perhaps MS may make an appearance!!

                  • Greetings Herodotus

                    My preference would be that student debt was not treated as a crown asset and that it actually did not appear at all.

                    With ACC and the Cullen fund however they are funds which will reduce the need for general expenditure. The Cullen fund in particular meant that general taxation did not have to cover in full future superannuation payments. The funds are available for future use, in the case of the Cullen fund expressly so.

                    I agree that leaky homes are a huge blight on NZ society. Remind me again which government in the 1990s loosened standards so that the problem was created?

                    Finally no chance of an appearance at Botany …

                    • Herodotus

                      Just to play your games. Nat changed the building code- Lab when it was pointed out of the issue commented that it was “A NZ Herald beat up” and the only belated response was the protect BRANZ from any liability. Nat created the mess, LAb allowed this to continue.
                      NZS and Cullen fund was at least an acknowledgement of the under funding of our future liability. If like ACC we had to prefund super- I would hate to be the Finance Minister then and the “technical” reported deficit that would result from and the increase of taxes that would result. From reading the Cullen fund will result in about 15% requirement, but at least it is a step forward.
                      Pity re the non appearance at Botany !!
                      http://gmi.co.nz/pages/kiwisaver/news.aspx?nid=24

                    • lprent []

                      From memory….

                      The Cullen fund was targeted at about a third of the liability (ie above the level of taxation at the time it was introduced). That was based on pushing about 500 million into it per year on average. In practice forward loading it would reduce the requirement for later funding/allow for recessions. So Cullen pushed between 1 and 2 billion in it per year.

                      Bill English also from memory pushed a single 500 million payment into it (that had already been budgeted) and is currently not budgeting to put anything into it until about 2020. That helps him pay for tax-cuts now. On top of that of course his taxcuts have reduced the actual tax take thereby increasing the future liability. That is why it is now predicted to only be about 15%.

                      I guess Bill English doesn’t plan on being finance minister in 2030..

        • burt 6.2.1.3

          You mean apart from nil government debt, KiwiSaver, the Cullen Fund, KiwiBank, KiwiRail, record low unemployment, children lifted out of poverty, and so on?

          If I overcharged my customers I too could pay off my credit card. But if I wanted a sustainable business I would reinvest in income producing assets… which Labour did not do.

    • Colonial Viper 6.3

      Bernard Hickey in today’s Herald had some inciteful comments concerning our debt. He said

      You’re showing your Freud.

  7. Draco T Bastard 7

    The Government’s response has been to order another review of expenditure. But it says it will not touch the so-called “broadly neutral” tax cuts even though they are not having the desired economic effects.

    Of course they won’t Fran, their purpose in government was to cut taxes for the rich and to make everyone else even more dependent upon the rich by increasing poverty. That’s why John Key promised to lower wages.

    The Nats have got one and only one economic policy. Tax cuts. They don’t work. Now what?

    Get rid of NACT, get rid of capitalism and bring in an equitable and sustainable economy.

  8. Bill 8

    “The Nats have got one and only one economic policy. Tax cuts. They don’t work. Now what?”

    More propaganda is “Now what”. Seriously, why were Brash and Douglas given good air time on TV news bulletinns to peddle neo-liberal privatisation doggerel in the face of blown out finances, while the opposition got a ‘two second’ sound bite?

    Don’t know who all noticed, but the Brash piece was actually quite well set up in terms of lighting and camera angle as opposed to Goff’s ‘two seconds’ ( ‘It’s the cost of tax cuts’) being a snip from one of those impromptu press ‘hedgehogs’ that happen in parliament’s hallways.

    So, first up, we are spoon fed an impression of neo-liberal acolytes being professional, polished and knowledgeable. Next, we are subjected to reinforcing ‘suggestions’ from the actual news presenters (who, as we all know present objective and balanced ‘news’ as opposed to ideology), that billions of dollars worth of state assets could be sold to balance the books.

    And although I haven’t witnessed this, as I don’t often watch TV news, I hear that TVNZ has been doing a ticky tour of run down school buildings of late, and….yup. Up comes the suggestion that they could be sold. Apparently, the only fly in the ointment is that they are on Maori land.

    And so it goes on and on. Incrementally walling in the parameters of acceptable debate and shutting out any opportunity to offer alternatives to neo-liberal prescriptions. Worse than this, I’m not sure that Labour has any substantive alternative anyway. The current leadership represents a continuation of a Labour Party that merely gave us a softer variation of neo-liberal management during its time in government.

    So thanks to the deafening silence…the apparent void on the parliamentary left where alternatives to variations of neo-liberal themes surely ought to reside… can we look forward to Serco taking over the running of air traffic control at Auckland Airport as well as our schools and hospitals and whatever else to satisfy dishonest but beguiling neo-liberal demands for ‘value for money’ from services as a way to pay down debt?

    edit. btw. The tax cuts are having the desired result. They have worked just fine.

    • Colonial Viper 8.1

      edit. btw. The tax cuts are having the desired result. They have worked just fine.

      THIS +1

    • burt 8.2

      Bill

      When commenting on the standard you can’t just say;

      edit. btw. The tax cuts are having the desired result. They have worked just fine.

      But people will love you if you say;

      edit. btw. The Labour tax cuts are having the desired result. They have worked just fine. National tax cuts are bad.

      • Draco T Bastard 8.2.1

        Actually, I think you’ll find that most of the left thought that Labours tax cuts were a bad idea as well. I certainly did.

        • lprent 8.2.1.1

          Actually, I think you’ll find that most of the left thought that Labours tax cuts were a bad idea as well. I certainly did.

          So did I – and I’ve expressed it often enough. Quite simply the NACT’s spent all of their time in opposition being idiots whining about surpluses that didn’t exist. When you accrued future liabilities (thanks to Ruth Richardson they have to be accounted for) we have been running in deficit since the Fiscal Responsibility Act was introduced in the early 90’s. But with the usual impenetrable economic stupidity of the right, they looked only at the governments equivalent of the P&L statement, not the Balance sheet.

          Labour did the tax cuts purely for electoral reasons because of the short-term stupidity of people like burt. Most of the left disapproved but kind of accepted it because of the political shit-storm that NACT had raised by lying about the governments actual fiscal position with selective quoting the accounts.

          Cullens tax cuts might have been sustainable in the short-term with what was known at the time on the recession. Bill English however deliberately put in taxcuts when he knew that there was absolutely no way that they were affordable in short-term.

          • burt 8.2.1.1.1

            <history_rewrite>Cullens tax cuts might have been sustainable in the short-term with what was known at the time on the recession.</history_rewrite>

            Yes yes of course lprent, the tax cuts timed for November 2008 after the recession started in the last quarter of 2007 – There was no element of election bribe from the red team was there… And tell us agin lprent how tax thresholds should stay static while wages rise because fiscal drag is good for creating surpluses and even better at making workers poor.

            • lprent 8.2.1.1.1.1

              Burt – you’re the one trying to rewrite history.

              The key words in there were “might have been sustainable“. If you read the attachments in that budget from treasury at the time that the budget was produced, they were forecasting a quite rapid pull out of recession because at that time our recession was quite local to NZ from drought etc.

              The scale of the financial issues from the shonkey banking in the US and elsewhere wasn’t appreciated in the first quarter of 2008 and therefore their effect on our economy wasn’t known or even guessed at. It was only in mid-2008 that they became apparent.

              Sure it was an ‘election bribe’. It was in fact the same type of election bribe that National had been promising since 2004, a general cut to tax rates.

              Tell me in your selective self-interest do you only consider that it is a ‘election bribe’ when Labour does it, and not when National does? Thats what your statement sounds like. A bit hypocritical don’t you think?

              In my view, there shouldn’t have been any tax cuts. They should have simply moved the tax thresholds precisely because of fiscal drag issues. They should not have moved them far because we hadn’t get close to covering our forward liability with an aging population. But the fact of the matter is that the tax take by the government needed to move upwards above the rate of growth to cover those forward liabilities. Running the thresholds up slower than the growth rates would have done that quite well.

              You can find me arguing that here as AncientGeek and lprent from soon after the site was started.

      • Bill 8.2.2

        Burt.

        How about pointing out that Fran O’Sullivan apparent lamenting of a failed tax cut policy is the necessary preparatory ploy intended to soften up the public with regards asset sales?

        How’s about pointing out that this is the same old pattern, whereby we end up at a point where savage neo-liberal prescriptions are unleashed under the premise that There Is No Alternative? Once again.

        How about pointing out that the Nats never intended to kick start the economy?
        How about pointing out that they intended, through a careful and incremental introduction of ‘lesser’ neo-liberal policies to create a situation that will better allow their unconscionable ‘no holds barred end game’ policies to be implemented?
        How about pointing out that neo-liberal agendas inevitably breed a sense of powerlessness, hopelessness and resignation in any target population and this blunts or neuters any potential public backlash?

        Hmm?

        • burt 8.2.2.1

          Bill

          You have half the story. The flip-side to selling everything is re-nationalising everything and the state trying to own all production like the Muldoon years. There are two sides to a pendulum swing and the major party FPP [two ticks National/Labour] mentality keeps the pendulum swinging in the best interest of the major parties.

          • Bill 8.2.2.1.1

            burt.

            Wrong story!

            When services are provided by a government in a social democracy, there is a modicum of accountability present through electoral processes and codified complaint procedures.

            When those same services are privatised, any accountability disappears.

            Consider the difference in pursuing a complaint against Serco as opposed to a complaint against a state run prison service, school service or health service. (Note, I’m referring to complaints and not legal action due to alleged illegalities)

            Consider the cost of breaking Serco’s public service provision contracts if their operating practices are not to our liking as opposed to removing governments that have direct responsibility for and oversight of public service practices.

            It’s about the meagre amount of democratic accountability that we have at present versus none.

  9. tc 9

    mmmm don’t the emperor’s new clothes look good now after the label’s been removed and it’s been washed a few times……a relentless focus on step change and being aspirational to catch Oz…..you’ve gotta laugh at these one trick clowns…..helps to keep smiling.

    First muldoon drove a wedge down NZ society financially (think big) and socially (bok tour) which kick started our mass skills migration…..led us to rogernomics to fix up some of the damage (some areas took alot longer)…..then shipley/bolger/richardson wrecking crew…..clark/cullen astute conservative approach to paying down debt and building infrastructure/public assets through the boom times laid the foundations for…… the NACT circus of rhetoric/ideology/bs and downright contempt for due process and democracy.

    Why is OZ so far ahead ? Because their rightwing gov’ts aren’t so ideologically blind as to reverse the overdue structural changes Keating/Hawke made in the mid-late 80’s…CGT/Compulsory super/FBT to name a few.

    • Bill 9.1

      “Because their rightwing gov’ts aren’t so ideologically blind…

      Or it could be that their state governments act as reasonable barriers to the full implementation of neo-liberal prescriptions? When I hear Gillard (or previously Rudd), the Australian national governments…even those of the supposed left…sound just as neo-liberal as the ‘best’ of them.

  10. prism 10

    Even the police paying out for the Pike River rescue so far is taxpayer money being used to subsidise services which should be covered by the mining industry. They have not put in sufficient capital to provide machinery needed for rescues and should have had a compulsory fund for accidents, similar to the way we pay into ACC to cover our individual everyday problems. And the sort of people running Pike River have profited from personal tax cuts so the detrimental externalities cut more deeply on the rest of taxpayers.

    • Lanthanide 10.1

      I was thinking about this too, but unfortunately because they were a limited liability company, there really isn’t much that can be done.

      If you go after this individual limited liability company, all other companies also ask “are we going to be next?” and you’ve got a great big chilling effect on the economy because no one wants to take a risk and start a business if they’ll be held fully liable if it goes down the gurgler.

      Unfortunately this results in privatise the profit, socialise the loss, but that’s the situation we’re stuck with at the moment.

      • prism 10.1.1

        Well mining isn’t just like any other business. Not many involve practically living in a tunnel with a pick like a troll. And when the specs show that it is a mine with methane producing coal to a greater extent than other coal, then there should be contingency money held or paid annually to the government into a pay-as-you-go insurance trust or like.

        t isn’t satisfactory to throw hands up in the air and say that all business involves risk and we all have to wear it because that’s the way it’s done. It should be done differently for different levels of risk, and not to expect workers to sacrifice their lives as an underground workforce. People do so, for instance on Mt Everest, but that’s a very individual choice.

    • Peter Martin 10.2

      Was thinking this morning that every chance business gets it corporatises the profits and socialises the losses…

  11. Deadly_NZ 11

    How about pointing out that Fran O’Sullivan apparent lamenting of a failed tax cut policy is the necessary preparatory ploy intended to soften up the public with regards asset sales

    yep just waiting for the smiling assasins The Teflon John and his capo Blinglish to come out and say
    we need more money so we are going to sell all your silver and there fuck all you can do

    Great the political mafia fucks up NZ in 2.5 years

  12. arandar 12

    Just a comment or maybe it’s a question about the Policing running the Pike River Rescue/Recovery operation. Could it be because it might be a possible crime scene? Just wondering what might be found eventually and whether anything could be covered up if the company or any other private entity were running it?

    • Lanthanide 12.1

      The type of crime that would require physical occupation of the type would be something like deliberate arson or sabotage. If that’d been the case, they’d probably already have good evidence that that happened, it’s been over a month now.

      Aside from that, with the mine having exploded multiple times, there won’t be any physical evidence left in the mine, when/if they ever get inside it.

      Any other sort of crime, like criminal negligence, will fall out as a result of the investigations that have been set up.

      So no, I don’t think it really has anything to do with it being a crime scene, more to the point that PRC have no money to pay for anything.

    • jcuknz 12.2

      The simple answer is that the Police organise and run search and rescue … but people love a conspiracy theory.

  13. Irascible 13

    I recall Roger Douglas saying that his financial reforms in the 1980s were good for the Government’s accounts because they effectively transferred the debt from the Government books to those of Private interests / businesses thus limiting the Government’s liabilities. Seems he was wrong on that score when one sees Governments bailing out big businesses that collapse under their accumulated debt burdens and speculative practices.
    Key & English come from the same stable as Douglas. Enough said.

  14. aj 14

    I’m ‘lucky’ that I got a tax cut that equates to about $1500 per annum. But $250 has already gone in increased motorcycle rego. After this: ETS, GST, power, inflation, fuel etc.
    John, my nett result? nowhere near better off.

  15. Jim Nald 15

    Tax cuts serve a fantastic National aim to put us in greater debt.
    And successfully create a strategic deficit to give the nuts a good excuse to make public service cuts.
    Well done, key and english.

  16. jcuknz 16

    It is not that tax cuts don’t work but they are given in such a way that those with most get the most. Since they have the most they are more likely to put it in some form of saving … which is a good thing in itself because some of it will move on to help business to provide more jobs … but it doesn’t help to spur the economy which means consumption of goods. There is no point in making goods that cannot be sold. So the logical solution would be to increase the base line where taxation starts. Everybody then gets the same

    But a problem I see is that more consumption on other than basic needs is bad for a world with an exploding population and running low on resources. With a distinct likelihood that climate change will mean considerable difficulties in getting crops to maturity.

    So if we could be sure that tax-cuts would only be spent on basic needs and not on trivia and aimed at the lower income’d they would be probably good … but the way they always seem to be arranged they don’t get my vote.

  17. jcuknz 17

    There is no point in making goods if the potential consumers do not have the money to purchase them. [The edit function seems to have disappeared]

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    The Daily Blog | 18-10
  • Malala Yousafzai, White Saviour Complexes and Local Resistance
    Last week, Malala Yousafzai was the co-recipient of the Nobel Peace Prize. Since her exposure to the worldwide spotlight, her spirit, wisdom and strength have touched the hearts of people everywhere. However, there have been cynics who have argued that...
    The Daily Blog | 18-10
  • Jason Ede is back – but no media can interview him?
    Well, well, well. Jason Ede, the main figure connected to John Key’s office and the Dirty Politics black ops is back with a company with deep ties to the National Party. One thing you can say about the right –...
    The Daily Blog | 18-10
  • GUEST BLOG: Curwen Rolinson – Leadership Transitions In Other Parties: A ...
    As cannot have escaped anyone’s attention by now, the country is presently in the grips of an election and campaign that will help determine the fate of the nation for years to come. It’s gripping stuff – with clear divides...
    The Daily Blog | 17-10
  • SkyCity worker says she faces losing her house
    SkyCity worker Carolyn Alpine told the company annual shareholder’s meeting today that she faced the prospect of losing her house because the company had cut her shifts from two a week to one without consultation. The solo mother, has worked...
    The Daily Blog | 17-10
  • Greg O’Connor’s latest push to arm cops & 5 reasons not to
    I was wondering at what point within a 3rd term of National that Police Cheerleader Greg O’Connor would start trying to demand cops be armed. O’Connor must have thought to himself, ‘if bloody Key can get us and the GCSB vast new...
    The Daily Blog | 16-10
  • You can’t have crisis without ISIS
    So the new scary bogeyman ISIS might have chemical weapons that the US secretly found in Iraq, but America didn’t want to expose this find because the WMDs were actually built and made by the US and Europe, the two powers...
    The Daily Blog | 16-10
  • NZ WINS UN SPIN THE BOTTLE! Privately sucking up to America for a decade me...
    Oh, we are loved! Little old NZ, the 53rd state of America after Israel and Australia, gets to sit at the adults table for the special dinner party that is the UN Security Council. How delightful, a decade of privately...
    The Daily Blog | 16-10
  • MEDIA BLOG – Myles Thomas – A World Without Advertising
    Non-commercial broadcasting and media. It’s a solution for all manner of problems ailing our tender nation… voter engagement, unaccountable governance, apathy, stupefaction, public education, science in schools, arts appreciation, cultural cringe… But no-one could’ve guessed that non-commercial media might solve...
    The Daily Blog | 16-10
  • March against war – 2pm Saturday 25th October
    March against war – 2pm Saturday 25th October...
    The Daily Blog | 16-10
  • Whack a mole as US govt foreign policy
    Whack-A-Mole was a popular arcade game from my youth.  It consisted of a waist high cabinet with holes in the top. Plastic moles seemingly randomly pop out of these holes. The purpose of the game was to hit as many...
    The Daily Blog | 16-10
  • In Paean of Debt
    This week is ‘Money Week’. It’s an opportunity to promote to the middle classes, and anyone else who will listen, the virtues of wise ‘investment’. The aims are to promote the mystical (and indeed mythical) virtues of saving for the...
    The Daily Blog | 16-10
  • The last 48 hours – Poverty denial, war denial and unapologetic abuse of ...
    The bewildering speed of events that simply end in Key shrugging and proclaiming he doesn’t really give a shit is coming think and fast as the Government suddenly appreciate the full spectrum dominance they now enjoy. Here is Radio NZ...
    The Daily Blog | 16-10
  • GUEST BLOG: Pat O’Dea – Mana 2.0 Rebooted
    Internationally the news is that Evo Morales of Bolivia won big with Left Wing policies But what are the chances that the Left will make a resurgence in this country? As the internecine struggles between the Left and the Right...
    The Daily Blog | 15-10
  • The Blomfield IPCA letter – Has Dirty Politics leaked into the NZ Police ...
    It’s difficult to know what to make of the IPCA letter to Matthew Blomfield over Slater’s continued insistence that the hard drive taken from Matthew wasn’t stolen.  Slater has selectively cherry picked the Police referring back to his claim that Blomfeild perjured...
    The Daily Blog | 15-10
  • ​Media release: Rail and Maritime Transport Union – Auckland move for K...
    The Rail and Maritime Transport Union is questioning a KiwiRail proposal to progressively relocate its Zero Harm personnel from Wellington to Auckland. “The purpose of the Zero Harm team is to drive KiwiRail’s performance in health and safety.  Rail is a...
    The Daily Blog | 15-10
  • Amnesty International – Friend request from an IS militant
    There’s always that one person, that one Facebook friend, usually a musician or event promoter, who, when you so foolishly accept their friend request, will completely inundate your news feed with copious event invitations and promotions. The person who, despite...
    The Daily Blog | 15-10
  • NZ should follow the UK and recognize the Palestinian state
    Over the past two weeks, the United Kingdom and Sweden have made headlines through their decisions to recognize the state of Palestine. They are hardly the first nations to do so. Indeed, 134 countries have, in various ways, given formal...
    The Daily Blog | 15-10
  • The Discordant Chimes of Freedom: Why Labour has yet to be forgiven.
    WHY DOES THE ELECTORATE routinely punish Labour and the Greens for their alleged “political correctness” but not National? It just doesn’t seem fair. Consider, for example, the Crimes (Substituted Section 59) Amendment Act 2007 – the so-called “anti-smacking legislation” –...
    The Daily Blog | 15-10
  • Hosking or Henry – Which right wing crypto fascist clown do you want to w...
    So Mediaworks are finally going to make some actual money from their eye watering contract with Paul Henry by launching a new multi-platform Breakfast show over TV, Radio and internet. This is great news for Campbell Live who have dodged...
    The Daily Blog | 14-10
  • Families need more money to reduce child poverty
    Prime Minister John Key is mistaken to rule out extending the In Work Tax Credit to all poor children (The Nation 11th Oct) and Child Poverty Action Group challenges government advisors to come up with a more cost effective way...
    The Daily Blog | 14-10
  • GUEST BLOG: Kelly Ellis – Don’t shit on my dream
    Once were dreamers. A large man, walks down the road and, even from 200 yards there’s light showing between his big arms and bigger body. It’s as if he’s put tennis balls under his arms. Two parking wardens walk out...
    The Daily Blog | 14-10
  • Labour and ‘special interests’
    The media narrative of Labour is that it is unpopular because it’s controlled by ‘special interests’. This ‘special interests’ garbage is code for gays, Maoris, wimin and unionists. We should show that argument the contempt it deserves. The next Labour...
    The Daily Blog | 14-10
  • Housing; broken promises, families in cars, and ideological idiocy (Part Ru...
    . . Continued from: Housing; broken promises, families in cars, and ideological idiocy (Part Tahi) . National’s housing development project: ‘Gateway’ to confusion . Perhaps nothing better illustrates National’s lack of a coherent housing programme than the ‘circus’ that is...
    The Daily Blog | 14-10
  • Here’s what WINZ are patronisingly saying to people on welfare when they ...
    Yesterday, a case manager from WINZ called to tell me that I needed to “imagine what I would do if I did not have welfare”. I replied “Well, I guess if I couldn’t live at home, I would be homeless.”...
    The Daily Blog | 14-10
  • David Shearer’s ‘no feminist chicks’ mentality highlights all that is...
    Mr Nasty pays a visit Shearer’s extraordinary outburst last night on NZs favourite redneck TV, The Paul Henry Show, is a reminder of all that is wrong within the Labour Caucus right now… He said the current calls for a female or...
    The Daily Blog | 13-10
  • Greenpeace 1 – Shell 0
    Greenpeace 1 – Shell 0...
    The Daily Blog | 13-10
  • GUEST BLOG: Kate Davis – A Tale Of Two Cities
    Sunday was surreal. I went for a drive and ended up in a different country. It wasn’t intentional but those days of too many literally intertextual references seldom are. There is no doubt that the Sunday drive this week had...
    The Daily Blog | 13-10
  • Key raises terror threat level to justify war in Iraq and now the SIS need ...
    Have we learned nothing from rushing into war? It’s embarrassing Key has raised our terror threat from ‘very low’ to ‘low’ so he can justify military action in Iraq. Watching him pimp for an American war is as sick as...
    The Daily Blog | 13-10
  • Socialism? in France; Austerity in Europe
    On Sunday I stumbled upon this recent New York Times column The Fall of France by Paul Krugman. Then I caught BBC’s Newsnight interview with France’s ‘Socialist’ Prime Minister Manuel Valls. Krugman notes that the Socialists came to power on an anti-austerity mandate, but completely squandered their opportunity...
    The Daily Blog | 13-10
  • So Snowden and Greenwald were right – again – NZ Embassies spying for A...
    Well, well, well. What do we have here… NZ embassies involved in covert intelligence work for US – reportsNew Zealand’s embassies have been involved in covert intelligence gathering work on behalf of the United States, a fresh batch of classified...
    The Daily Blog | 13-10
  • GUEST BLOG: Curwen Rolinson – Why David Parker *isn’t* a credible choic...
    The one electoral contest this year that a Labour leader is sure to win heated up over the weekend with the late entry of Finance Spokesman (and interim caretaker leader) David Parker into Labour’s leadership race. I’d blogged late last...
    The Daily Blog | 13-10
  • Fran O’Sullivan’s extraordinary column
    Note how the carefully constructed flow chart above ignores the mainstream media’s complicity with Slater and Dirty Politics    I am no fan of Fran O’Sullivan’s politics and would argue long into the day against her on many of the...
    The Daily Blog | 13-10
  • Final salute to Cunliffe
    Final salute to Cunliffe...
    The Daily Blog | 13-10
  • David Cunliffe’s statement
    I am today announcing that I have decided not to nominate for the 2014 Labour Party leadership contest. It has been a hard decision to make but it is one that I believe is in the best interests of the...
    The Daily Blog | 13-10
  • Cunliffe to quit leadership race – the losers are the Labour Party member...
    That’s all folks   And so ends the first ever Labour Party member/affiliates choice for leadership. David Cunliffe is standing down at 2pm and is supporting Andrew Little instead. What a perverse turn of events. Cunliffe was punished by an angry Labour leadership forced...
    The Daily Blog | 13-10
  • Want to see new Nu Zilind? Read the comments section of Andrea Vance’s co...
    Andrea Vance is no stooge. She is one of the few mainstream media voices who has challenged power and authority, her latest column on the outrageous attempts by Key to use fear mongering to  spook the sleepy hobbits into war...
    The Daily Blog | 12-10
  • Humanity calling Government – anyone with empathy home?
    On Friday night groups of Invercargill activists and plain ole people who care took part in the 14 Hours Homeless event – sleeping out in the balmy southern climate on cardboard and couches at our Salvation Army Citadel. It’s a...
    The Daily Blog | 12-10
  • Labour, leadership and White blokes
    David Shearer said on TV3’s The Nation this weekend that he appreciated the support Labour’s received from Maori and Pacific communities over the last few elections, but that it was important to again, secure the votes of ordinary white blokes...
    The Daily Blog | 12-10
  • Wrong priorities in media coverage of Ebola crisis
    The experts have told us that there is very little likelihood of a serious Ebola outbreak in any Western nation – unless the virus changes so that it can be spread through the air rather than just via bodily fluids....
    The Daily Blog | 12-10
  • John Key uses the same old warmongering recipe
    Less than three weeks after the election Prime Minister John Key wants New Zealand to join a war in the Middle East and extend the powers of our US-focused spy agencies the SIS (Security Intelligence Service) and the GCSB (Government...
    The Daily Blog | 12-10
  • Green MP to speak at panel on Rainbow Mental Health
    Hamilton, New Zealand: Recently re-elected Green Party MP Jan Logie will be a guest speaker at a panel on the mental health of Gay, Lesbian, Bisexual, Trangender, Takataapui and Intersex people taking place on November 1st as part of the...
    Scoop politics | 20-10
  • Evidence Supports GE Moratorium
    Federated Farmers spokesman Graham Smith's call for a 'rethink' on release of GeneticallyEngineered organisms is misguided, and instead it is time for a formal moratorium on GMOs in the environment.(1)...
    Scoop politics | 20-10
  • Chatham Rise mining could have impact on whales and dolphins
    Wellington, 21 October 2014--Mining phosphate on the Chatham Rise, off the east coast of New Zealand’s south island, could potentially have many impacts on marine mammals like whales and dolphins, the Environmental Protection Agency was told today....
    Scoop politics | 20-10
  • Council endorses Nanaia Mahuta as the next Labour leader
    Te Kaunihera Māori, the Māori Council of the New Zealand Labour Party, have passed a resolution to endorse the Hon Nanaia Mahuta as the next leader of the Labour Party...
    Scoop politics | 20-10
  • Kaumatua to organise petition to end Maori seats
    Ngapuhi kaumatua David Rankin has announced that he will be organising a nationwide petition to seek support from Maori voters to end the Maori seats. “These seats are patronising”, he says. “They imply we need a special status, and that...
    Scoop politics | 20-10
  • Announcing a New Voice for The Left
    Josh Forman is pleased to announce the creation of a new force on the Left of politics in New Zealand....
    Scoop politics | 20-10
  • Public services held back by poor workplace culture
    A new report by Victoria University’s Centre for Labour, Employment and Work shows that public servants are working significant unpaid overtime to ensure the public services New Zealanders value are able to continue....
    Scoop politics | 20-10
  • iPredict New Zealand Weekly Economic & Political Update
    Andrew Little’s probability of being the next leader of the Labour Party has reached 70% and Jacinda Ardern is favourite to become his deputy, according to the combined wisdom of the 8000+ registered traders on New Zealand’s predictions market, iPredict....
    Scoop politics | 20-10
  • Prison Drug Treatment Unit marks a milestone
    Christchurch Men’s Prison’s Drug Treatment Unit (DTU) celebrated the completion of its 50th six month Drug and Alcohol Programme today, with the graduation of a further twelve offenders....
    Scoop politics | 20-10
  • Security Council seat a chance for NZ to empower women
    The UN Women National Committee Aotearoa New Zealand (UN Women NCANZ) welcomes New Zealand winning a seat on the United Nations Security Council and is calling on New Zealand to use its position to proactively promote effective implementation of the...
    Scoop politics | 20-10
  • Waipareira and ACC sign Partnership
    Waipareira and The Accident Compensation Corporation (ACC) have signed a Memorandum of Understanding at Whanau Centre, Henderson – marking a special day for the West Auckland Urban Maori organisation....
    Scoop politics | 20-10
  • Humanitarian aid desperately needed in Iraq and Syria
    Global Peace and Justice Auckland is calling on the government to provide humanitarian funding for non-aligned NGOs (non-governmental organisations) in the Middle East rather than give any support whatever for the US-led military campaign in the area....
    Scoop politics | 19-10
  • Court Judicial Decision: Dotcom v The USA: 17 October 2014
    The United States of America is seeking the extradition of Messrs Dotcom, Batato, Ortmann and Van Der Kolk. The matter has been before the Courts on numerous occasions, and no further recitation of the facts is needed....
    Scoop politics | 19-10
  • Marshall Island poet speaks at UN climate summit
    “The fossil fuel industry is the biggest threat to our very existence as Pacific Islanders. We stand to lose our homes, our communities and our culture. But we are fighting back. This coming Friday thirty Pacific Climate Warriors, joined by...
    Scoop politics | 19-10
  • Many tourist car accidents preventable
    Simple steps could dramatically reduce the number of accidents involving tourists, says the car review website dogandlemon.com ....
    Scoop politics | 19-10
  • RainbowYOUTH: 25 Years, 25 More
    In 1989, a group of young people in Auckland got together to form a support group for LGBTIQ youth. They called it Auckland Lesbian And Gay Youth (ALGY). After 25 years, several location changes, a name change, a brand reboot...
    Scoop politics | 19-10
  • Outdated Oath shows need for Kiwi Head of State
    MPs are sworn in today and New Zealand Republic has written to MPs asking them to talk about why 121 New Zealanders elected by the people of New Zealand and standing in the New Zealand Parliament swear allegiance to another...
    Scoop politics | 19-10
  • Council shouldn’t revenue grab from windfall valuations
    Auckland Council should state clearly they will not try and capture revenue as a result of the latest valuations and needs reminding that the City’s skyrocketing property values doesn’t change the level or cost of Council’s services, says...
    Scoop politics | 19-10
  • EPMU endorses Andrew Little for Labour leadership
    The National Executive of the Engineering, Printing and Manufacturing Union unanimously endorsed Andrew Little for the role of Labour leader, at a meeting held yesterday. “I have been speaking to our workplace delegates at forums across the country over...
    Scoop politics | 19-10
  • World Food Day promotes Agroecology not GE technology
    The UN has stated that agroecology is a major solution to feeding the world and caring for the earth....
    Scoop politics | 19-10
  • Labour Names Review Team
    Labour’s New Zealand Council has appointed Bryan Gould as Convenor of its post-General Election Review. He will be joined on the Review Team by Hon Margaret Wilson, Stacey Morrison and Brian Corban....
    Scoop politics | 19-10
  • Contenders for Labour leadership debate for first time
    The contenders for the leadership of the Labour Party debated for the first time on TV One’s Q+A programme today....
    Scoop politics | 19-10
  • UN Ambassador Jim McLay on TV One’s Q+A programme
    New Zealand's United Nations Ambassador Jim McLay on TV One’s Q+A programme....
    Scoop politics | 18-10
  • The Nation: RSA President BJ Clark & Ian Taylor, New NZ Flag
    Lisa Owen interviews RSA President BJ Clark and tech innovator Ian Taylor about changing the NZ flag...
    Scoop politics | 18-10
  • The Nation: RSA President BJ Clark & Ian Taylor, New NZ Flag
    Lisa Owen interviews RSA President BJ Clark and tech innovator Ian Taylor about changing the NZ flag...
    Scoop politics | 18-10
  • Lisa Owen interviews Foreign Minister Murray McCully
    Murray McCully says New Zealanders can expect a 5-10 year engagement against Islamic State if we join military action in Iraq and the government will take that “very carefully into account”...
    Scoop politics | 18-10
  • Lisa Owen interviews Julia Gillard
    Julia Gillard says there is “sufficient evidence” to fight Islamic State and does not think it will increase the risk of a domestic attack...
    Scoop politics | 18-10
  • NZ businesses to make child abuse a priority conversation
    Many leading New Zealand businesses have partnered with national child advocacy organisation Child Matters to participate in the fourth annual ‘Buddy Day’ - New Zealand’s only child abuse prevention awareness day....
    Scoop politics | 17-10
  • Tribunal decision significant for SMEs
    The Human Rights Review Tribunal decided this week in favour of an employee’s right not to work on Saturdays for religious reasons. The decision may still be appealed but the Director of the Office of Human Rights Proceedings, Robert Kee,...
    Scoop politics | 17-10
  • On The Nation this weekend
    This weekend on The Nation… New Zealand has been elected to the United Nations Security Council, but what happens next? Lisa Owen interviews Foreign Minister Murray McCully from New York about our goals for reform, what America wants from us...
    Scoop politics | 17-10
  • 1000+ supported by Te Arawa Whanau Ora
    Over 1000 individual whānau members are leading happier, healthier, more successful lives as a result of eight passionate and committed Māori organisations working at the coalface to help whānau find success....
    Scoop politics | 17-10
  • Nomination for Board Members Now Open
    CRF’s objective is to create opportunities for people from refugee backgrounds to lead fulfilling lives and contribute to every area of New Zealand society. It is an organisation that undertakes advocacy work using the strengths-based approach,...
    Scoop politics | 16-10
  • Anglican Family Care Otago staff to take industrial action
    Social workers, family workers and support staff working for Anglican Family Care in Dunedin and South Otago will take industrial action after their employer refused a pay increase that would keep up with the rising cost of living....
    Scoop politics | 16-10
  • Use UN Security Council role to overcome inaction and injust
    Amnesty International welcomes New Zealand winning a seat on the UN Security Council and is calling on New Zealand to use the role to ensure the body lives up to its role of safeguarding global peace and security....
    Scoop politics | 16-10
  • Grisham’s ‘child porn’ comments ignorant
    World-renowned author John Grisham has come under fire by advocacy group Stop Demand Foundation, for comments it says trivialises the global child sex abuse trade....
    Scoop politics | 16-10
  • Latest leak of TPPA intellectual property text confirms risk
    On the eve of the latest (non)round of negotiations on the Trans-Pacific Partnership Agreement (TPPA) yet another version of the intellectual property has found its way to Wikileaks ....
    Scoop politics | 16-10
  • New Zealand awarded UN Security Council seat
    International aid agency Oxfam New Zealand welcomes New Zealand’s election to the United Nations Security Council, saying it gives an extraordinary opportunity to make a lasting contribution to international peace and security and improve the lives...
    Scoop politics | 16-10
  • 40 more jobs lost to cheap imports
    40 more jobs lost to cheap imports Another New Zealand manufacturer is closing its doors, giving the lie to the idea that we have a “rock star” economy or any strategy for jobs growth. Wellpack is a paper bag manufacturer...
    Scoop politics | 16-10
  • Pink Batts manufacturer to cut Christchurch jobs
    Pink Batts manufacturer to cut Christchurch jobs 29 roles are to be cut at the Christchurch manufacturing facility of Tasman Insulation, the company which manufacturers the iconic Pink Batts brand of products. The company is proposing to consolidate its...
    Scoop politics | 16-10
  • Kellogg cereal donations help the Sallies feed those in need
    Kellogg New Zealand commits 64,000 serves of breakfast cereal during World Food Day Coinciding with World Food Day this year, Kellogg New Zealand and The Salvation Army are reaching out to less fortunate Kiwis with the donation of 64,000 serves...
    Scoop politics | 16-10
  • National Slips, Labour Hits Lows
    National fail to get post-election bounce but leaderless Labour Party crash to lowest ever support...
    Scoop politics | 16-10
  • NZ parents hope for more than just happy and healthy babies
    Auckland, 16 October 2014 – What do expectant mums and dads hope for their children? According to new research from Growing Up in New Zealand , a baby’s health and happiness may be high up on the list, but today’s...
    Scoop politics | 16-10
  • NZPI backs Minister’s affordable housing stance
    NZPI backs Minister’s affordable housing stance NZPI is supportive of Hon. Dr Nick Smith’s, efforts to use the RMA as a mechanism for taking the heat out of the housing affordability challenge in New Zealand. “As Minister for Environment...
    Scoop politics | 16-10
  • Prime Minister’s OIA Admision Disturbing
    The Taxpayers’ Union is calling for answers after it was revealed on Radio New Zealand’s Morning Report that the Prime Minister’s office routinely flouts its obligations under the Official Information Act. Taxpayers’ Union spokesman, Ben...
    Scoop politics | 16-10
  • NZDIA forum press release
    NZDIA forum press release Wellington - The New Zealand Defence Industry Association, with the support of the NZ Defence Force and the Ministry of Defence, will be holding a two-day international forum on October 21-22 at the Michael Fowler Centre...
    Scoop politics | 15-10
  • BPW NZ calls fashion industry to account
    The New Zealand Federation of Business and Professional Women (BPW NZ) joins the call for action on the use of skinny models and mannequins as it is directly affecting the self-esteem and health of many of our young people....
    Scoop politics | 15-10
  • Electoral Commission introduces Extra Touch for Blind NZers
    The Electoral Commission was presented with the Extra Touch Award by the Association of Blind Citizens of New Zealand (Blind Citizens NZ), in recognition of its successful implementation of Telephone Dictation Voting ahead of its commitment to do so by...
    Scoop politics | 15-10
  • Auckland move for KiwiRail health and safety team questioned
    The Rail and Maritime Transport Union is questioning a KiwiRail proposal to progressively relocate its Zero Harm personnel from Wellington to Auckland....
    Scoop politics | 15-10
  • Redundancies a result of putting profit over good business
    Heinz Watties redundancies a result of putting profit over good business Heinz Watties workers are shocked by the announcement made late last night that up to 100 jobs are being cut from the company’s New Zealand operations. No information was...
    Scoop politics | 15-10
  • Injuries at work show many sectors are too dangerous
    Workers are deeply concerned about the research Statistics New Zealand have released today showing that almost one-quarter of agriculture, forestry, and fishery workers had a work-related injury claim accepted by the Accident Compensation Corporation...
    Scoop politics | 15-10
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