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The austerity death trap

Written By: - Date published: 7:15 am, October 25th, 2011 - 88 comments
Categories: capitalism, debt / deficit, economy, election 2011, Keynes - Tags: , ,

A while back I wrote a post on the similarities between the austerity measures in Britain and in NZ, and the all too predictable outcome of economic stagnation and increasing hardship in both countries.  No surprise of course to find a similar analysis of the situation in America:

The Austerity Death Trap

Ron Paul’s newly-unveiled economic plan – promising to cut $1 trillion from the federal budget in year one (presumably that means 2013) – is only slightly more ambitious than what we’re hearing from other Republican candidates. They’re all calling for major spending cuts starting as soon as possible. What are they smoking?

Can we just put ideology aside for a moment and be clear about the facts? Consumer spending (70 percent of the economy) is flat or dropping because consumers are losing their jobs and wages, and don’t have the dough. And businesses aren’t hiring because they don’t have enough customers.

The only way out of this vicious cycle is for the government – the spender of last resort – to boost the economy. The regressives are all calling for the opposite. … The result will be the most stringent fiscal tightening of any large economy in the world. … It will come at a time when 25 million are Americans looking for full-time work, median incomes are dropping, home foreclosures rising, and a record 37 percent of American families with young children are in poverty. To call this economic lunacy is to understate the point. …

Even if you’re a deficit hawk this is nuts. Instead of reducing the ratio of debt to the size of the overall economy, this strategy increases the ratio because it causes the economy to shrink.

Call it the austerity death trap.

Under these circumstances, the harder a country works to cut its debt, the worse the ratio becomes — because the economy shrinks even faster.

Greece is already in the trap. Spain and Italy are perilously close. Even Britain, France, and Germany are tip-toeing up to it. And now us.

Deficit hawks have to understand: The first step must be to revive growth and jobs. That way, revenues increase and the debt/GDP ratio drops. Only then – when the economy is back on track – do you start cutting. …

As each party sets out its policy for the coming election look carefully to see what they will to stimulate sustainable growth and jobs. Look for recognition that we live in a resource limited world, facing huge challenges in the form of peak oil and climate change. Look for economic competence and a willingness to try new ideas, rather than muddling along deeper into the austerity death trap. Our country deserves better than three more years of ineptitude and stagnation.

88 comments on “The austerity death trap”

  1. Colonial Viper 1

    I don’t think there is such a thing as sustainable growth and jobs in our current global economic set up. Government stimulus cannot help when large amounts of your GDP is generated by foreign holdings: money pumped into the economy by the government will flow straight out to foreign shareholders.

    In the US they have the additional problem of full scale bankster occupation. The Federal Reserve has been pumping hundreds of billions into the US economy, but only one tiny part of it – the financial sector. So banks and corporates have been making record profits and paying out record bonuses. But 90% of the economy is deadly stagnant as the flows of precious money are corraled inside the speculative financial system of Wall St, and never sees the light in Main St.

    And globally, the financiers and banksters have saddled the entire developed world with an uncontrollable amount of debt, as well as massive amounts of unproductive derivative side bets. Any resolution to the current financial crisis must involve huge ‘haircuts’ to banks and bond holders of 50% or more. Otherwise entire sovereign nations will become multi-generational debt serfdoms serving the big financial institutions of the world.

    Then there is the small problem of global energy depletion and tdeindustrialistaion of the western world. I’ll let AFKTT handle that topic, but in essence, complex technical and bureaucratic systems cannot continue to function properly on declining and increasingly expensive sources of energy. You reach the stage where all the energy available is used up simply to maintain the status quo i.e. running harder and harder to stay in the same place. We’re talking zero growth per capita, if that, which again means no ability to pay the interest which accumulates on our debt without hollowing out our own capital stocks/assets even further.

    • aerobubble 1.1

      For an organism to realize its hand is burning the hand must first send pain
      signals to the central cortex. In a democracy the people are the brain of
      the economy. Austerity, however destructive, harmful to the people, is
      how the people CHOOSE to wire their government. They CHOOSE
      right wing politicians who cheaply pander to their emotional needs,
      and so we get “aspirational politiciains” our very own glam Belliscoi PM.
      Western Democracy like to be treated like big children and thown
      lollies. Sure I vote Green and would like to be treated like an adult,
      but most people are too gormless, they took on debt, and now are
      paying for trusting the rightwing politicians (whether Blair, Brown, Major,
      cyes, even Clinton, or any one named Bush, etc,etc).

      The simple fact is the pain is necessary to wake the middle classes up
      to themselves, and be satified with being moderately well off, and
      for thw working classes to realize they were just scammed horrendously
      by the new aristocracy of wealth, brokers and speculators like Key.
      That’s why Key went soft, and will hold off Austerity till after the
      election, you haven’t seen nothing yet. But the sad problem of the
      NZ economy is not the government books, its private debt held
      by mostly kiwis (and most foriegners have loaded their NZ holdings
      with debt to play the currency and capital gain).

      Labour policies promise to finally shift the economy towards
      kiwis and away from sell out NZ at fast as they can types.

  2. Afewknowthetruth 2

    ‘As each party sets out its policy for the coming election look carefully to see what they will to stimulate sustainable growth and jobs.’

    Anthony, by writing that you have just pronounced yourself to be a fuckwit. There is no such thing as ‘sustainable growth’. As has been posted on this site on numerous occasions, anyone who thinks perpetual growth is possible on a finite planet is either a madman or an economist.

    The growth game is over and the western way of living -consuming the planet’s resources till ther is nothing left- is rapidly coming to an end. You wrote the words: ‘Look for recognition that we live in a resource limited world, facing huge challenges in the form of peak oil and climate change. Look for economic competence and a willingness to try new ideas, rather than muddling along’ but don’t seem to have made the brain connection.

    And then there is the slight matter of collapse of the global environment due to rampant extraction of resources and ever rising CO2 levels. Abrupt climate change and acidification of the oceans are happening now!

    The entire system is going down and futile attempts to prop it up are totally counterproductive.

    Let’s get real about this Anthony. If you support economic growth and jobs [in the othodox meaning of the word], that means you support deep-sea drilling, you support fracking; you support coal mining wherever there is any coal to be dug up; you support stripping the oceans of whatever fish remain by whatever methods are available; you support covering more agricultural land with concrete and asphalt; you support tourism which is putting the chemical composition of the atmosphere out of balance; you support faster destruction of the next generation’s future.

    Instead of wrting about ‘the austerity trap’ how about wrting about the FALSE PARADIGM TRAP and how Labour leadership and the vast majority of Labour candidates (if not all) are completely detached from reality.

    • Gosman 2.1

      I’d love to see a serious party on the left arguing for a zero growth economy during an election (simply because it would be electoral suicide). However I doubt this will be any time soon. Even the NZ Greens aren’t arguing this point as they have this concept of Green Growth (whatever that means).

      • mik e 2.1.1

        Gooseman it would be more sensible for greens to support National as they have already achieved Zero Growth Austerity measures next year will see to that.Its costing us tax payers $18.4 billion just this current year in borrowing just so National can look good in election year.

    • r0b 2.2

      Anthony, by writing that you have just pronounced yourself to be a fuckwit.

      Possibly.  But a few points.  First I didn’t say that such growth can be “perpetual” (obviously impossible).  I do think that there is room for some further short to medium term growth if it is “sustainable” (renewable energy, recycling, carbon neutral, it can be done).   And second, we need that time / infrastructure / expertise to transition to a sustainable zero growth “perpetual” future.  We can’t get there without it.  (Also, I’m in favour of very different measures of what “growth” means in practice.) But that’s all too much to lump in to a short blog post, so, shorthand, “sustainable growth”.

      As a final point, I find it depressing that you probably do more harm than good for your causes by being insulting and petty all the time.  You have an important message, but you give everyone the excuse to ignore it by fulfilling every stereotype of the raving loony.  Clean up your act, you’ll reach a bigger audience.

      • Afewknowthetruth 2.2.1

        r0b.

        The present system is able to maintian itself and gain tacit approval of the masses by perpetuating many great myths. Here are some:

        Myth One.

        Economic growth will generate the resources necessary to deal with environmental and energetic problems Reality One.

        All economic activity within the mainstream paradigm consumes pre-existing resources, degrades the planet on a continuous basis and consumes non-renewable energy resources, in the case of oil at the rate of over 80 million barrels a day. The system does not generate wealth; it consumes wealth. GDP is a major comnponent of this system of lies imposed on society by economists and money-lenders. GDP = Global Deceit Paradigm. GPD = Global Destruction Process.

        Myth Two.

        We cannot deal with our energetic and environmental predicament just at this moment, but once we have built a strong economy we will will devote resources to dealing with those predicaemnts. We cannot make any drastic changes and have to move in the right direction via small increments.

        Reality Two.

        This game has been played for the past 40 years and next to nothing has been done to deal with any of the fuindamentals. All the ‘problems’ are now far worse that they were when initially identified. Humanity has now run out of time. After 200 or so years if ever-expanding industrialism the financial system is now crashing, the energy system is now crashing and the environment is now crashing.

        Myth Three.

        Recycling and renewables will allow us to maintain a consumeristic society.

        Reality Three.

        It takes huge amounts of rapidly depleting, non-renewable energy to extract resources from the ground and convert them into stuff that is described as ‘renewable’ and stuff that can be recycled. Recycling takes takes huge amounts of non-renewable energy. We are now falling off the EROEI curve, as explianed beautifully by Chris Maternason in chapter 17 of Crash Course.

        ‘I find it depressing that you probably do more harm than good for your causes by being insulting and petty all the time.’

        I find it depressing that people who should know better keep perpetuating myths and keep presenting oxymorons as possibilities for poilicy.

        By the way, it is not my cause: it is my grandchildren’s cause. They are the ones who will inherit a degraded planet that has been stripped of its resources and is undegoing rapid environmental collapse because ignorance, apathy and denial continue to reign supreme.

        • aerobubble 2.2.1.1

          We can feed the world, the entire world, there’s enough water for
          everyone. The problem is capitalism has augmented government
          to legislate consumerism. Its very easy to shift back to a lifestyle
          that our great? grandparents would recognize, and is in fact likely
          once all the coal, oil, gas, fuels are used to provide food, water, etc.
          The mix of the two, minus our technology but plus our technological
          know how, I believe will be a vey pleasant existence.

          The problem is too many people still think its possible to have
          what we’ve had since the war.

        • TightyRighty 2.2.1.2

          you must be a riot at dinner parties

    • KJT 2.3

      AFKTT.

      Technically you are correct.
      In the longer term nothing is sustainable. Entropy always wins.

      And good on you for keeping the really huge problem in our consciousness.

      But. What do you suggest. Solutions are impossible/unsustainable so we all lie down and give up?
      Stop eating?

      To most of us sustainable is synonymous with more sustainable. Which in reality is all we can do.

      And. In the meantime why should we let a few people grab the biggest proportion of a cake they know has to decrease.

      A large part of the problem is that a few people have found a way of appropriating the products of our work. Firstly by cutting the share we get in wages/SME income to increase their take, making a shortfall in the earnings we need to live. Secondly by charging us to borrow back our own earnings at interest. Thirdly by using some of the extra they steal to buy politicians and managers, to facilitate the theft.

      We can live more sustainably, but it is not in the interests of the 1%, who can use the wealth they steal to escape the consequences of their actions.

      • Gosman 2.3.1

        The good old Labour theory of value rearing it’s ugly head once more. It reminds me of economic illiterates trying to argue that something is overpriced in an economy and that prices need to be controlled to ‘correct’ this imbalance.

        • r0b 2.3.1.1

          You mean like when Key calls for an enquiry into the price of milk?

          • Gosman 2.3.1.1.1

            Yep. Completely idiotic statement from the Prime Minister.

            Right leaning politicians are just as capable of stupid statements as left wingers in my view, (in some cases even more so).

            Unlike some I don’t have a slavish devotion to people who share some of my political view points.

      • Afewknowthetruth 2.3.2

        KJT.

        About once a week someone asks: what are the solutions?

        The solutions are the same as what I wrote a week ago, and the week before that, and the month before that, and last year, and the year before that, and for the past decade.

        The solutions are POWERDOWN and simplified PERMACULTURE.

        In essence that means planting fruit trees, restoring the soil and growing food locally. I means cycling and walking instead of driving etc.

        It means cutting back severely in consumerism and eventually disengaging from it altogether.

        THOSE ARE ALL THINGS MOST PEOPLE DO NOT WANT TO DO.

        And the power elites who are in control most certainly do not want people to do them.

        Hence, Western societies will collapse in a ‘screaming heap’ and in all likelihood large numbers of people will starve to death, especially if they live in a big city.

        • Colonial Viper 2.3.2.1

          Rebuilding co-operative social structures and strengthening community/family relationships are also crucial.

        • KJT 2.3.2.2

          I am not disagreeing with you.

          Just with your propensity to rubbish any steps in the right direction as too small.

          We have to start somewhere. Getting power back from those who do not care is a good start.

      • M 2.3.3

        Like your reasoning KJT.

        I’m a peakist but also I hope a realist – and no I do not mean an apologist for all that is wrong because there is plenty wrong.

        Most people still have to get up every day and go to work unless they are of independent means and do not have time to endlessly cogitate on what may come to pass. I know that peak oil and more probably nukes will get us all in the end but we will all die one day anyhow and that’s not being defeatist it’s just a bald fact. People really need to simplify their lives and try to get by with little money – doing favours for neighbours and friends is one way to do this or maybe exchanging garden produce – Dimitri Orlov well understands this being Russian and having lived in kleptocracies in the USSR and the USA.

        Like AFKTT I have descendents whom I have prepared – they know very hard times are coming but we can still enjoy life to a modest degree hopefully without trampling anyone in the process. My kids well know how the right visit economic and environmental violence on others through their selfish and self-aggrandising policies and obsessive need to be top of the heap.

        I have been berated by some for supporting murderous, criminal left politicians as they don’t get peak oil but I think the price mechanism will send a loud and clear message a la Jeff Rubin – what should I do instead, slit my wrists? I don’t want to live in anarchy.

        Whatever people’s views on peak oil and the environment people IMHO still stand a far better chance of some modest comfort even in severely constrained and steadily worsening times than they ever will with RWNJs because for RWNJs sharing is out – no argument.

      • aerobubble 2.3.4

        Birth rates are falling, entropy can be managed, we just don’t have physicists
        in parliament, or who explain to the public that they can whole cake now and never
        ever again, or pieces of cake for a very long time.

  3. Gosman 3

    Where does the money to fund this stimulus spending come from? Unless you print money, (thus fuel inflation), then the only way would be to borrow it as increasing taxes to cover it is fiscally neutral.

    Greece can’t print money or increase borrowing. The money supply is controlled by the European Central Bank and noone wants to lend money to a country which is already heavily indebted. This will get worse if the Creditors have to take a loss.

    Greece just highlights the follow of the very policies you are advocating. You can’t continue to borrow in the hope that your economy will magically become productive at some indeterminate point in the future. At some stage you will have to pay the price. Greece is paying the price now. It won’t be pretty but they shouldn’t have followed such wrong headed left wing policies.

    The US has more wiggle room but they just spent trillions on a stimulus package from 2008. If that massive spending hasn’t resolved the problem why would spending trillions more be more successful?

    • RedLogix 3.1

      Where does the money to fund this stimulus spending come from?

      You don’t have to print new money, and even that is problematic because as we have seen it doesn’t go to where it will do any good.

      The problem is this, consumers, businesses and governments are saturated with debt, much of which can never be repaid. Solution… get rid of the debt.

      A Partial Debt Jubilee has to be at this point in time a very real option. Certainly Steven Keen has identified this as the most effective tool because from his ‘money circuit theory’ perspective it deals with the problem directly at it’s root cause.

      • Gosman 3.1.1

        If you cancel the debt what would be the incentive for the lenders to start lending again? Certainly there will be less capital available for nations that require it to develop their economy.

        If the countries that have spent money on unproductive areas don’t cut back on these areas what is stopping them getting back into debt in the future again, (assuming someone will lend them capital again that is)?

        On top of that countries like Germany and China would be the ones that suffer in that equation. You would have essentially penalised them for being productive and rewarded the unproductive nations like Greece.

        • Colonial Viper 3.1.1.1

          Fuck your paradigms. The Fed printed big banks US$16T at almost zero interest rates to get them lending again and do you know what they did with that money? They have fueled a new speculative debt/derivative based financial bubble which is going to frak the global economy.

          Sovereign governments should become the primary creater of money and credit, not banks which charge interest and which are today more interested in massive fraudulent speculation on Wall St rather than helping out Main St.

          On top of that countries like Germany and China would be the ones that suffer in that equation. You would have essentially penalised them for being productive and rewarded the unproductive nations like Greece.

          If German and Chinese lenders decided to lend money to debtors who could never realistically pay their debts back, that is a risk they took and they should suffer the haircut for it.

          Simple adage: debt which cannot be paid back will not be paid back.

          Destroy the debt, destroy the banks, do not make sovereign nations debt serfdoms to the bankster occupiers.

          All basic banking functions should be considered utility infrastructure and taken over by sovereign governments and run on a not-for-profit basis for the good of communities.

        • RedLogix 3.1.1.2

          You would have essentially penalised them for being productive and rewarded the unproductive nations like Greece.

          And if the alternative is 20 years or more of global depression, or total financial melt-down… how is that any better? For anyone?

          The point is that the a de-regulated global financial industry has dug itself a vast hole of dishonorable Ponzi lending, a hole from which there is no honourable escape.

          Besides you may want to consider that the idea of a debt jubilee is a very ancient one, going back to at least Biblical times. Looked at from the bigger picture a pure credit based system is vulnerable to the problem of more credit being created than there is value to support it; in which case resetting the system from time to time becomes necessary.

          These are not ordinary times; ordinary solutions will no longer suffice.

          • Gosman 3.1.1.2.1

            Tell me how the situation in Greece was caused by de-regulation of the finance industry. For one thing the biggest creditors to Greece are actually German and French banks. These are two nations who didn’t follow the standard approach to neo-liberal deregulation as other nations did.

            • Colonial Viper 3.1.1.2.1.1

              Gosman you missed the point completely.

              French and German economies did not follow neoliberal prescriptions.

              But their banks followed highly leveraged, derivative driven ones.

              French and German banks have so many bad assets hidden off balance sheet they can’t afford to take any writedown on Greek debt without failing.

              • Gosman

                Ummmm… where is the evidence that the problem with the German and French banks lending to Greece is caused by derivatives?

                This kind of goes against the prevailing meme in the leftist world about the current economic situation which goes something along the lines of -
                “Deregulation by Government of the finance industry caused the banks to enagage in highly risky leveraging activity via derivatives which fueled a credit bubble which then burst and the banks needed to be bailed out.”

                However leftists used to hold up France and Germany as how economies should be run. How come they ended up deregulating the finance industry then and why did the Anglo-American banks not get into the same sort of predicament in Greece?

        • KJT 3.1.1.3

          The Greeks, like us, work more hours for less money than the Germans.

          Why should we reward the people who have found a way to enrich themselves by increasing their own profits at our expense, by grabbing an ever greater share of the wealth our work makes, and then charging us to use the money they took. When they gambled it away.

          At the end of the day capital is the resources and the work done in an economy.
          Money capital is meaningless when it is so out of step with production.

          As to what happens when you tell the bankers to F off. Look at Argentina. http://kjt-kt.blogspot.com/2011/06/kia-ora-what-happens-if-decide-neo.html

    • Colonial Viper 3.2

      Where does the money to fund this stimulus spending come from? Unless you print money, (thus fuel inflation)

      This is bullshit, printing money done right does not fuel inflation any more than releasing money into the economy by borrowing it from overseas.

      It is the productivity of the economy and the quanitity of money which matters, not where it comes from.

      • Gosman 3.2.1

        It is quite clear that you are a supporter of a form of social credit Colonial Viper

        I am not aware of one nation on the planet that has successfully implemented such a policy without causing inflation to rise. I do know of many that attempted to do something similar and ended up with a broken economy as well as higher prices though.

        By all means push for your policies to be adopted by whichever left wing party you support. I for one would relish it if the left took this idea seriously.

        • KJT 3.2.1.1

          So. Allowing banks to print money and take an ever greater share of economic output has worked so well.

          • KJT 3.2.1.1.1

            North Dakota and other US States with State banks appear to be doing rather better than private banking States.

            https://publicbanking.wordpress.com/

          • Gosman 3.2.1.1.2

            Banks don’t print money. They create credit based on the amount of reserves they hold.

            I suspect you are one of the people who believe that if they create $90 of credit on an initial $100 deposit with 10 % reserve ration then when this $90 comes back in to the bank and they lend 90 % out again they are effectively creating money but that is a simplistic reading of the situation.

            Noone ever just deposits money back to the bank after it has been leant to them. They either spend it or use it to attempt to make more money than it is costing them in interest. If they do spend it then the person who receives the money is hopefully making money on what it cost them to sell the item and is thus making a profit.

            Where banks get in to problems is when they fail to lend to people who are able to earn more with the money than it costs to borrow it. It has very little to with money creation but more to do with bad risk management.

            • KJT 3.2.1.1.2.1

              Well. I hope we can agree that the banks should be required to take the bath from their bad risk management. Not unassociated tax payers.

              • Rusty Shackleford

                Is there really anybody left, except for Paul Krugman and the banks themselves, who believes the banks deserve to be bailed out?

                • Colonial Viper

                  Sure, the entire kleptocracy does, and they hold all the levers in our society presently.

              • Gosman

                Oh I agree they should be left to fail. However by doing so it would cause lots more pain for lots more people in the short term. Especially the most vulnerable in society. If you are willing to accept that price then we are in agreement on this one

                • KJT

                  Not necessary. The bail out money can go to people most affected and small business instead of those who caused the problem.

                  • Gosman

                    You don’t understand the bail out do you? The money isn’t just poured into a big black hole never to be recovered. In fact I’m pretty confident much of the TARP funds in the US has been repaid. Unless you are trying to state that the Government should start lending funds directly to small business then your idea is just stupid as it would blow the budget deficit through the roof, (more than it is currently by a long, long way).

                • Rusty Shackleford

                  How does shifting the cost of bank failures from share holders and executives to tax payers hurt “the most vulnerable in society”? I would have thought it would be the other way around.

                  In any case your thinking is faulty. The bank failures have to be absorbed by somebody anyway. Bailing out the banks only delays the inevitable, perhaps even setting up the economy for a bigger hit. Purging the banks at the time would allows the malinvestment to leave the economy. This is hard in the short term, but sets up the banking market and economy as a whole to be stronger in the long term.

            • RedLogix 3.2.1.1.2.2

              Banks don’t print money. They create credit based on the amount of reserves they hold.

              The M0 supply of actual cash is a tiny, tiny fraction of the actual amount of money in circulation. The vast majority of money people and businesses use is bank credit.

              Secondly it has now been shown that in the real world banks create the credit first, then subsequently look for the deposits to prop up their reserve requirements. The cause and effect is the opposite of what most people imagine.

              For all intents and purposes our money system is a pure credit one…. and the creation of which has been totally captured by private banks. The lesson that was learnt in the aftermath of the Great Depression was that this process had to be strictly controlled and regulated to avoid senoirage. This is what happens when banks who should be nothing more than trusted bookkeepers of credit transactions between businesses and consumers, themselves exploit their privileged position in a way that diverts money away from businesses and consumers and concentrates it into the hands of their shareholders.

              Post WW2 the regulations put in place ensure that the financial sector accounted for no more than 5-10% of all economic activity. In a small nation like NZ it was at the lower end of the range; only in the USA and UK with big financial centers in London and New York was it closer to 10%.

              When the neo-liberals dismantled those protections in the 1980′s, the bankers got busily to work re-capturing as much profit into their ‘industry’ as possible. By the 2005 some 45% of all corporate profit in the USA was being made in the financial sector. In the UK the City of London became the essential hub of their entire economy. Globally the amount of money stacked up in a vast complex of derivatives and instruments estimated to be in the order of at least $500 trillion; some 8-9 times larger than the entire GDP of the world.

              Think about that. This is a sector that actually generates no wealth… banks are only just bookeepers who perform a rather basic, yet essential, social service. Yet somehow we have fallen on our face worshiping them, and allowed them to ‘jam their blood-funnel into the face of humanity’ sucking off ever great portions of GDP into their own exclusive coffers, robbing both ordinary businesses and workers of the wealth we create.

              Ordinary people are seeing this now. It can’t last much longer.

              • Gosman

                What you don’t address is how the neo-liberals were able to influence policy in places such as Germany and France which still believed in a large amount of regulation of the economy. It is the German banks that will suffer the most because of the Greek crisis not the Anglo-American ones.

                • RedLogix

                  Nonetheless these European banks still made loans that have been proven to have been very risky indeed.

                  If you really want an example of a tightly regulated banking industry you could look to China. As I understand it the Chinese banks are really little more than extensions of CCP policy and operate very much to suit that government’s purposes. And so far it’s evident that the crisis enveloping the rest of the world has largely left the Chinese financial system unscathed.

                  Whether it remains immune in the face of a worsening global situation is yet to be seen, but if you want an example of a tightly regulated, stable banking system… that’s the best example I can think of right now.

                • Colonial Viper

                  Irrelevant.

                  Its not the French and German governments who have screwed up and exposed themselves to massive risk, it is their global banks.

                  However, the French and German governments WILL screw themselves up if they agree to bail out and absorb the bad debts of their banks or of Greece, Italy and Spain.

                  And that’s why both the German and French people are adament that it must not happen, even as their political leaders fall under the sway of the ECB, IMF, World bank and other usual crony cartel suspects.

                  • Gosman

                    Ummmmm… who was responsible for monitoring what the French and German banks did with their capital if not the governments of those countries? Also as you seem to blame this all on deregulation who deregulated the French and german banking industries and when exactly did it happen?

                    • Colonial Viper

                      Irrelevant.

                      Financial “innovators” hid many derivative trades off balance sheet and through dark pool exchanges.

                      Government regulators had no chance. And in the US all the Govt regulators were from the banking industry and mates with them any way.

                      You can say government failed, but finally it was bank executives and bank shareholders who made billions from their bullshit.

                    • Gosman

                      There is little evidence that the problem with the Sovereign Debt crisis in Europe was caused by the use of Derivatives. This is simply a case of (mainly German and French) banks lending to a country much more than they could conceivably service going forward. It is the Greek government that is primarily at fault for borrowing more than they could pay back.

        • Colonial Viper 3.2.1.2

          The banksters rule and print money at will, distributing near 0% loans to their favoured few.

          Time for community currencies and sovereign debt-free money to come to the fore.

          Fuck having private banks create your country’s money and then charge you interest on it.

          I am not aware of one nation on the planet that has successfully implemented such a policy without causing inflation to rise.

          Inflation is already rising under your dumb bankster regime. Time to take the money-creation power back.

          • Gosman 3.2.1.2.1

            Ummmm… what was the recent inflation rate just announced in N.Z and was it heading up or down?

            • Colonial Viper 3.2.1.2.1.1

              Up mate, way up from 3 years ago, especially when compared to the median wage.

              • Rusty Shackleford

                It was only 5.5% or something CV. I’ve heard you extol the virtues of 7% inflation in the past.

                • Colonial Viper

                  Time to take away credit creation powers from banks, I know you are into it mate

                  • Gosman

                    How do you take away credit creation from banks unless you strictly control what they actually do and fundamentally alter the nature of banking?

                    Even using systems where the money supply is linked to a commodity such as Gold banks were able to create credit via relending of deposits.

                    • Rusty Shackleford

                      This is a ridiculously simple question to answer. Banks should simply be gold warehousing institutions. If they can’t cover deposits, they will go to jail, in the same way I would go to jail if you paid me to store your car and I “lent” it to someone else. Of course it could be a different commodity, but gold has worked the best for the longest.

                    • Gosman

                      And your is a very simplistic answer that ignores historical reality.

                      If we follow your logic then the only way banks could make money would be to charge for the service they provide those that deposit the gold with them. How will those that have very little afford to pay for their banking then?

                    • Rusty Shackleford

                      “…the only way banks could make money would be to charge for the service .”
                      Yes. Exactly.

                      “How will those that have very little afford to pay for their banking then?”
                      Keep it in their pocket I suppose. How did people do it for most of history?
                      http://www.lewrockwell.com/rothbard/rothbard202.html#chap01

                    • Colonial Viper

                      If we follow your logic then the only way banks could make money would be to charge for the service they provide those that deposit the gold with them.

                      They charge people who deposit cash with them today.

                      So what’s the difference.

                      Why should we allow banks to make money through the trading of highly leveraged derivatives which when it all goes wrong, become weapons of mass financial destruction?

                      Banking should be a terrifyingly boring, plodding industry, which makes its shareholders <5% return on capital employed, after all salaries and taxes are paid.

            • KJT 3.2.1.2.1.2

              Inflation can be good. It tends to offset some of the wealth being taken in debt repayment and the consequent, unsupported by underlying resources, growth in money supply.
              It tends to terrify the already wealthy as it diminishes their spending power at the same time as it gives more spending power to workers. (Provided wages are not artificially kept low as they are at present).

              At present though we have extremely high inflation in necessities, that poorer people have to buy, without corresponding increases in income. We have all the bad effects of inflation without the benefits.

              The gap between wage rises and inflation is the largest it has ever been. At the same time 14 billion a year is forever lost to us as it heads offshore.

              Headline inflation rates have been gerrymandered for years.

              For most of us, (Who do not buy a new car every year) , the only inflation that matters is the increases in our monthly food, rent/mortgage, power and petrol.

    • mik e 3.3

      Gooseman Gooseman just like Muldoom National borrow and hope

  4. JS 4

    There are some areas that could provide sustainable growth and create employment, such as in education (better provision in developing countries, and smaller classes etc in developed ones), IT, development of clean renewable energy, and investment in growing food crops in backyards and communal gardens and the breaking up of those huge Monsanto type estates into sustainable units. Growth in mechanisms aimed at redistribution of resources locally and globally would be positive, and this often means more employment for people in civil society organisations. Generally intellectual and social capital can grow without negative consequences on a planet of limited resources.

    • Gosman 4.1

      A lot of your potential for growth relies on rolling back the Green revolution that occured in the world since the 1950′s and even that of the Agricultural revolution of the late 18th Century.

      If you want to see the benefit of large scale commerical agriculture you just need to look at how Brazil has transformed itself from Net food importer to one of the biggest Food exporters in the past 20 to 30 years. And no it doesn’t include chopping down the Amazon.

      • Colonial Viper 4.1.1

        And no it doesn’t include chopping down the Amazon.

        yes it has, several million hectares over the last 20 years.

        A lot of your potential for growth relies on rolling back the Green revolution that occured in the world since the 1950′s

        Yours is a delusional rewriting of history. Our world population of 7B was not the result of any “Green Revolution” its the result of massive resource exploitation overshoot.

      • KJT 4.1.2

        Yes it has.

        Ask one of the displaced Amazonian tribes what they think.

    • KJT 4.2

      Just two examples, but there are many.

      Supplying solar stoves to sunny climates.
      Economic growth. Supplying a new product.
      Net positive effect on the environment. Slowing deforestation and Green house emissions.

      Passive solar design including re-fitting existing houses.
      Also economic growth in building with a net long term positive effect.

      AFKTT is wrong that some of the solutions will not come from technology.

      • Gosman 4.2.1

        Did you take into account whether or not the solar powered stoves have to be imported into these hot climes, how long they last, and whether they are easily fixed or replaced?

        It might be more economically viable to simply invest in tree planting schemes in poorer countries.

        • KJT 4.2.1.1

          It may be.

          Though at the end of the day. If we want humanity to survive more than the next 50 years. Economically viable has to reflect environmentally viable sustainable use of resources.

          It will not happen under an economic system that only works with infinite growth.

          Where do you think the resources are going to come from to support infinitely compounding interest. It either has to be offset by inflation, debt jubilee or collapse.

          As for inflation. Food inflation in New Zealand has been more than 20% this year. After nil wage increases for most. Our economy is collapsing because most New Zealanders have no money left after food, transport and housing.

          Don’t you see how ridiculous it is. Our present system has people struggling to buy food, in a country that can sustainably feed many times its present population.

          Note milk is now going up because overseas returns have fallen. previously it was going up because overseas commodity prices have been high. ???

          • Colonial Viper 4.2.1.1.1

            Although I met someone today whose entire family went to the rugby world cup final. Sounds like they had a great party afterwards too.

            No collapse at that end of society.

          • Gosman 4.2.1.1.2

            I reject your view that the economy is collapsing. It is a ridiculous statement as far as I am concerned. I suggest it is one that is unsupported by any half decent economist.

  5. Afewknowthetruth 6

    Most people who comment here seem not to understand that in the present system MONEY IS DEBT.

    Practically all money in western societies is loaned into existence. Since the interest charged on loans is not created at the same time as the loans, the interest is robbed from money already in the system via so-called inflation. In other words the value of the coins, notes and digits that most sheeple have (of think they have) goes down on continuous basis.

    The other importnat fact that most people still have not worked out is that the entire system is underpinned by resources, especially oil and coal, but also soil, phosphate rock, water suitable for irrigation, trees, fish etc.

    Practically every one of those is at or past peak. That means the system has only one way to go.

    By the way, the ‘Green Revolution’ would be more properly called the Black Revolution, since it was as much founded on the use of oil as founded on plant breeding to boost agricultural production.

    Like the monkey with his hand in the bottle-trap holding the food, humanity is in a trap of its own making from whch there is no escape except by letting go.

    The ‘wise ape’ is not wise enough to let go.

    Most people, especially those in the western world, are going to learn the hard way.

    http://www.publishme.co.nz/shop/theeasyway-p-684.html

    • Gosman 6.1

      How ridiculous. Your calling the Green revolution the Black Revolution could equally apply to the Information revolution or even the Arab spring because the technical inovations behind them wouldn’t be possible without Oil. While you’re at it you might as well rename other historical periods of recent time such as the Space race to something involving oil as they too would not have been possible without it.

    • TightyRighty 6.2

      you are the most arrogant piece of work I’ve ever had the misfortune of coming across on the web. Disagreement with your view on the world economy is not ignorance. you are factually incorrect at least 75% of the time, the other 25% is false, as while you may be logically correct, the logic flows from your incorrect facts. The problem is your posts are all so TL;DR that rebutting them in full would take me away from earning more money, which isn’t going to grow the company very fast now is it?

  6. johnm 7

    The current BAU continues to make the planet potentially uninhabitable plus we are incapable of controlling population increase totally dependent on a fossil fuel regime now in decline. That is a real death trap for billions.

    Durban May Be Last Chance to Stabilize Climate Under Two Degrees

    “They also found that by the time a child born today reaches 50 years old, it will be at least two degrees warmer everywhere except the oceans.

    Although two degrees C seems like a small amount, it is akin to a person running a high fever, with all kinds of consequences for the human body. On planet Earth, that amount of warming has serious consequences for food, water and biodiversity. It will guarantee more and stronger extreme weather events, including droughts and flooding.

    Two degrees C puts humanity on a new hotter, stormier planet that is less compatible with human survival.

    Without putting the brakes on carbon emissions very soon, large parts of Africa, most of Russia and northern China will be two degrees C warmer in less than 10 years. Canada and Alaska will soon follow, the regional study shows.

    Although two degrees C seems like a small amount, it is akin to a person running a high fever, with all kinds of consequences for the human body. On planet Earth, that amount of warming has serious consequences for food, water and biodiversity. It will guarantee more and stronger extreme weather events, including droughts and flooding.”

    http://www.commondreams.org/headline/2011/10/24-8
    The extra 2 degrees is an average increase the increase may vary in range in places up to 3 or 4 degrees.

  7. johnm 8

    Paul Ehrlich, a prophet of global population doom is now gloomier than ever:

    Population surge means there is only a 10% chance of avoiding a collapse of world civilisation, says the professor
    “Among the knowledgeable people there is no more conversation about whether the danger is real,” Ehrlich told the Guardian. “Civilisations have collapsed before: the question is whether we can avoid the first time [an] entire global civilisation” collapses.

    http://www.guardian.co.uk/environment/2011/oct/23/paul-ehrlich-global-collapse-warning

    Lovelock likens our situation to Napoleon at Moscow: Totally committed and overextended with diminishing supplies and supply lines in an increasingly hostile environment (Winter and scorched earth). His only hope as with us to quickly beat a strategic retreat (AFKTT, Powerdown and Permaculture) which if left too late would become a disastrous retreat. Another illustration of human hubris and vainglory bringing dire results.

    Ehrlich won’t be getting invites to any parties! I suppose the human selfish attitude is so long as me and mine are ok the doom and gloom can take care of itself!

  8. Rusty Shackleford 9

    erm, who exactly has implemented austerity measures ie. cutting govt spending? The US certainly hasn’t, and they are talking about raising current (unprecedented) spending 30% in the next decade or so. Wasn’t the NZ treasury borrowing a hundred mil a week, or some such, at one point? Doesn’t sound like austerity to me.

    • Colonial Viper 9.1

      Greek civil servants have lost 30% of their pay
      Hundreds of NZ public servants fired or had their conditions downgraded
      US municipalities turning off street lighting and indefinitely delaying road and sidewalk repair.
      Millions foreclosed on and now renting or homeless.

      Bankers awarding themselves billions in bonuses this quarter.

      Wake up and smell the coffee.

      • Rusty Shackleford 9.1.1

        Erm, so they are moving resources from one area to another. Who exactly, is cutting total spending? If the local municipalities can’t even keep the lights on (one of the supposed ‘public goods’) what are they there for?

      • Gosman 9.1.2

        What you fail to appreciate is that the Greek austerity meassures are not just cutting expenditure but also raising of taxes. Other than your rather hair brained scheme of printing money there is simply no alternative to this as noone would lend to the Greeks unless they undertake to get their left wing economy sorted out along more market based lines.

        • mik e 9.1.2.1

          Gooseman the so cold hair brained scheme has some very positive outcomes people who have studied more than National party brochures would Know. ie Ben Bernanke who is considered the worlds foremost expert on the depression 1929 to 38 has a PHd in economics from Harvard
          Knows way more than a political hack like yourself .Why the US EU and the UK are printing money is to bring the value of their currencies down as well as lift bank liquidity. This printed money they are using has to be paid back to the respective governments .In the 1930s in NZ we used printed money to help the average joe on the street thats why it was more effective in our economy we also nationalized our banks the US let their banks go under and are now lending them money and not nationalizing [better option research has shown sell off when they are back on their feet] . This is not as effective in freeing up liquidity, thats why the US took longer to come out of the depression and now the recession.

        • mik e 9.1.2.2

          Gooseman it has been right wing governments that have ruled Greece for the last 20 years its a left wing government that has to fix the borrow and hope mess that right wingers have created

        • Huginn 9.1.2.3

          It’s a little bit more complicated than that, Gosman

          . . . [the] euro crisis is a direct consequence of the crash of 2008. When Lehman Brothers failed, the entire financial system started to collapse and had to be put on artificial life support. This took the form of substituting the sovereign credit of governments for the bank and other credit that had collapsed. At a memorable meeting of European finance ministers in November 2008, they guaranteed that no other financial institutions that are important to the workings of the financial system would be allowed to fail, and their example was followed by the United States.

          Angela Merkel then declared that the guarantee should be exercised by each European state individually, not by the European Union or the eurozone acting as a whole. This sowed the seeds of the euro crisis because it revealed and activated a hidden weakness in the construction of the euro: the lack of a common treasury. The crisis itself erupted more than a year later, in 2010.

          from
          Does the Euro Have a Future?
          George Soros
          http://www.nybooks.com/articles/archives/2011/oct/13/does-euro-have-future/

  9. Afewknowthetruth 10

    At least johnm understands, even if nobody else does.

    http://www.independent.co.uk/environment/climate-change/little-time-left-to-halt-warming-2375107.html

    The 2oC rise in average temperature by around 2040 mentioned in the article would render most of the Earth uninhabitable for humans within the lifespan of babies born this week. The effect on food production is indeterminable at this point of time but there are plenty of observations that rising temperature reduce crop yields: just look at Texas over the past year or Thailand now. In combination with falling oil extraction and depletion of aquifers and galciers the prognosis with respect to the industrialised food system is pretty grim.

    The vast majority of NZers are not the least bit troubled by those piece of information. As long as they can wave black flags and drink beer they appear to be quite happy to destrory their own children’s/ grandchildren’s futures (along with most other consumers in developed nations)..

    In view of the fact that ignorance and apathy continue to reign supreme we will presumably continue to have lots of items on The Standard promoting destruction of the future via ‘economic growth’ which is predicated on the conversion of fossil fuels into CO2, even if economic growth is mathematically impossible due to Peak Oil (a falling energy supply).

    Just to be clear on the point, even falling economic activity will render the Earth largely unihabitable is a few decades, since even falling economic activity still equates to tens of billions of tonnes of CO2 added to the atmosphere and oceans every year until civilisation collapses.

    I guess I will be accused of being ‘too gloomy’ for speaking the truth and promoting solutions to the predicament (powerdown and permaculture) that people do not want to adopt.

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    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
  • Tribute for Maungaharuru- Tangitu settlement
    Labour Member of Parliament for Ikaroa-Rāwhiti, Meka Whaitiri paid tribute to Maungaharuru-Tangitu today as their Treaty of Waitangi settlement became law. “The Bill acknowledges Treaty breaches that left Maungaharuru-Tangitu virtually landless. Today we were reminded of the history, mamae, loss...
    Labour | 10-04
  • Neglected rural and regional roads will cost more lives
    The government must take urgent action to prevent more accidents to truck drivers and other road users of increased logging trucks on neglected roads, says Darien Fenton, Labour’s Transport spokesperson. “The dangers to drivers and other road users in the...
    Labour | 10-04
  • Judith Collins’ refusal to answer a disgrace
    If John Key is holding his Ministers to any standards at all, he must make Judith Collins answer questions about the senior Chinese official she met during her taxpayer-funded visit to China last October, Labour MP Grant Robertson says. “Judith...
    Labour | 10-04
  • Ryall needs to heed hospital workforce issues
    The public health workforce, the same one Tony Ryall argues is making a lot of progress is facing increased pressure and staff burnout through his continued shuffling of the deckchairs, Labour’s Health spokesperson Annette King says. “Mr Ryall uses all...
    Labour | 10-04
  • Key ducks but can’t avoid High Court slap
    The High Court’s slap in the face to John Key and his Government over Chorus has left it with no option but to accept the Commerce Commission’s lawful process in deciding the price of copper, says Labour’s associate ICT spokesperson...
    Labour | 09-04
  • First home buyers shut out as LVRs bite
    The bad news continues for young Kiwis as the latest Core Logic report shows the proportion of first home buyers has declined since LVR lending restrictions came into force, says Labour’s Housing spokesperson Phil Twyford. Twenty two centres across the...
    Labour | 09-04
  • MANA – and, or, or not – DOTCOM
    Both MANA and the Internet Party share goals in common with other parties, like getting rid of National and reining in the GCSB. There are also differences, as there are with other parties as well. MANA accepted a request to...
    Mana | 09-04
  • 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
  • Drone murder of New Zealander “justified” by Prime Minister
    Yesterday Prime Minister John Key justified the extrajudicial killing of a New Zealander in a US drone strike in Yemen with a few cynical, callous words at a stand-up press conference. Key said he’d been briefed by our spy agencies...
    The Daily Blog | 16-04
  • Secret Policeman’s Ball
      Amnesty International’s Secret Policeman’s Ball is back in New Zealand for one night of some of the best stand-up comedy from both national and international comics The freedom to provoke and in some cases offend is essential to the...
    The Daily Blog | 16-04
  • So the US has assassinated a NZ citizen – what did Key know?
    A non judicial assassination by the US on a NZ citizen raises questions. Key made the idea that NZers were training with terrorists part of his farcical defence for the GCSB mass surveillance legislation. I say farcical because even if...
    The Daily Blog | 16-04
  • Something Better Than Something Worse: Why John Key could become our longes...
    IN HIS MEMORABLE holiday-home encounter with the host of Campbell Live, the Prime Minister, John Key, did not rule out running for a fourth term. Were he to be successful, the long-standing record of Sir Keith Holyoake (11 years and 2...
    The Daily Blog | 16-04
  • GUEST BLOG: RIO TINTO WINS 2013 ROGER AWARD
      Sky City Casino Second, Chorus Third  The seven finalists for the 2013 Roger Award for the Worst Transnational Corporation Operating in Aotearoa/New Zealand were: ANZ, Chorus, IAG Insurance Group, Imperial Tobacco, Rio Tinto, Sky City Casino and Talent 2. The criteria for judging are...
    The Daily Blog | 16-04
  • National drowning in an ocean of poisoned milk
    It is becoming difficult to keep up with which National Party MP is bleeding the most at the moment. Simon Bridges is being crucified by Whaleoil almost as much as Greenpeace are attacking him, suggesting Cam is seizing the moment...
    The Daily Blog | 16-04
  • Want to get rid of synthetic cannabis? Legalize real cannabis
    Have we managed to appreciate the madness that synthetic cannabis is legal yet more harmful than organic cannabis which is illegal? I find the current moral panic over synthetic cannabis difficult to become concerned with when alcohol is FAR more...
    The Daily Blog | 16-04
  • Save our homes – stop the evictions!
    “We will keep on fighting because it frightens me to think my grandchildren could become homeless,” Tere Campbell told me. Tere is a member of Tamaki Housing Group. In September 2011, tenants in 156 state homes in Glen Innes received...
    The Daily Blog | 15-04
  • The daily humiliation of women and the constant policing and shaming of our...
    The last few months have been particularly bad for the shaming and policing of women’s bodies in the media, both in New Zealand and globally. First we had NZ Newstalk ZB presenter Rachel Smalley referring to women weighing over 70kgs...
    The Daily Blog | 15-04
  • A case study of racism by Police at Auckland Airport
    A couple of days ago I returned from Samoa after attending a family matter and some contract work. Spending a few days in the warmth of our homeland was welcome relief from the cold weather starting to make its presence...
    The Daily Blog | 15-04
  • An acute shortage of emergency youth housing
    The housing crisis is effecting everyone in Christchurch but some are more vulnerable than others. Recently I attended a workshop on emergency youth housing hosted by the 298 Youth Health Centre, who I worked for from 2001-2003. Over fifty people...
    The Daily Blog | 15-04
  • The Oceans Issue
    The ‘Earth’ is 71% water but our oceans are the last frontier. The oceans are huge, relatively unexplored, full of weird and wonderful diversity. In New Zealand we’re never far from the sea, and our identity, our landscapes, our communities,...
    The Daily Blog | 15-04
  • Fear of South Auckland
    Fear of South Auckland...
    The Daily Blog | 15-04
  • TV News Geography
    TV News Geography...
    The Daily Blog | 15-04
  • The best bit about gay sex
    The best bit about gay sex...
    The Daily Blog | 15-04
  • On not voting 1
    On not voting 1...
    The Daily Blog | 15-04
  • On not voting 2
    On not voting 2...
    The Daily Blog | 15-04
  • Labour on trucks
    Labour on trucks...
    The Daily Blog | 15-04
  • 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
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    Scoop politics | 16-04
  • Dunne Speaks
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    Scoop politics | 16-04
  • Research announcement welcomed
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    Scoop politics | 16-04
  • At Last: A Manufacturing Policy
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    Scoop politics | 16-04
  • Republic campaigners still positive after royal visit
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    Scoop politics | 16-04
  • Selling homes to foreigners benefits New Zealanders
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    Scoop politics | 16-04
  • Taxpayers’ Union Welcomes Key’s Rejection of ‘Fat Tax’
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    Scoop politics | 16-04
  • Law Commission Paper on a New Crown Civil Proceedings Act
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    Scoop politics | 16-04
  • Focus must now go on fishing industry jobs for NZ workers
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    Scoop politics | 16-04
  • Make the choice to stay safe on the road
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    Scoop politics | 16-04
  • Students Welcome Engagement with StudyLink
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    Scoop politics | 16-04
  • Deaf And Hard of Hearing New Zealanders Marginalised
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    Scoop politics | 16-04
  • Public lose interest in this council, 2016 to be a watershed
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    Scoop politics | 16-04
  • Labour and National join forces in new Maori confiscations
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    Scoop politics | 16-04
  • The FCV Bill – Flagging 30 years of failures?
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    Scoop politics | 16-04
  • Oxfam’s Morning Tea 2014
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    Scoop politics | 16-04
  • 1 in 4 Want to Improve Financial Literacy But Don’t Know How
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    Scoop politics | 16-04
  • Rio Tinto Wins 2013 Roger Award
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    Scoop politics | 16-04
  • ACC’s Strategy to stop compensation using ACC 167 Form
    On Radio NZ national’s morning report on 15 April 2014, ACC’s spokesperson Sid Miller denied the non-compliance was just a way for ACC to refuse people....
    Scoop politics | 16-04
  • Workers support plain packaging of tobacco
    The CTU have today presented to the health select committee in support of plain packaging of tobacco. “Any steps that can be taken to lower smoking rates will result in New Zealand workers and their families having healthier and better...
    Scoop politics | 16-04
  • Christchurch Housing Accord a Joke
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    Scoop politics | 16-04
  • Infographic : World Giving Index 2013
    Infographic from Charities Aid Foundation World Giving Index 2013 A Global View Of Giving Trends (click to see full size version)...
    Scoop politics | 16-04
  • Tranter questions CEO’s assurances
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    Scoop politics | 16-04
  • UNICEF NZ Urges Progress on Plain Packaging of Tobacco
    In its oral submission to the Health Select Committee today, UNICEF NZ expressed its strong support for the Smoke-free Environments (Tobacco Plain Packaging) Amendment Bill as a measure that will help reduce the uptake of smoking, and urged parliament...
    Scoop politics | 16-04
  • Whitebait partners look for solutions
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    Scoop politics | 16-04
  • NZ’s biggest killer fails to receive the Roger
    The Smokefree Coalition is disappointed Imperial Tobacco did not win the Roger Award for Worst Trans-national Company operating in New Zealand, despite manufacturing products that kill 5000 New Zealanders every year....
    Scoop politics | 16-04
  • Tukituki decision a win for water quality and farming
    The draft decision by the Board of Inquiry (BOI) on the Tukituki Catchment proposal represents a significant win for freshwater management and the urgency of a transition to environmentally sustainable agriculture in New Zealand, says Fish & Game NZ....
    Scoop politics | 15-04
  • ACC reflects on passing of great Kiwi
    Today is a very sad day for ACC, as news of the passing of Sir Owen Woodhouse has become public knowledge....
    Scoop politics | 15-04
  • Lincoln cleaners outsourced
    Lincoln University will outsource its staff to an as yet undecided cleaning company, but TEU organiser Cindy Doull says it’s not worth it, and what money the university might save is negligible....
    Scoop politics | 15-04
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