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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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    Mana | 31-07
  • Mana supports the Silent Leaders Challenge
    “Tomorrow I will be participating in a challenge to break the silence about hearing loss”, said MANA Leader and Tai Tokerau MP, Hone Harawira. “I’m doing it to feel what it is that those who are hearing-impaired face every day”...
    Mana | 31-07
  • ADJOURNMENT SPEECH – MP Hone Harawira
    It’d be nice to be able to say that for all the differences between us and this National government and its coalition partners, the last three years had seen our country come out of the Global Financial Crisis with a...
    Mana | 31-07
  • Evidence refutes doomsday wages predictions
    Minister of Labour Simon Bridges should cut the tired old rhetoric about rises in the minimum wage causing job losses and understand New Zealand has a serious problem with low wages and working poverty that needs to be addressed, Labour’s...
    Labour | 31-07
  • Slow, sluggish, not sweet at all
    Rural communities, frustrated by slow and unstable broadband, have been delivered a two fingered salute by Steven ‘Everything’s Sweet ’Joyce, Labour’s ICT spokesperson Clare Curran says. “Mr Joyce deliberately obfuscated and refused to answer questions on the actual connection numbers...
    Labour | 31-07
  • McCully’s excuses in tatters
    New evidence has emerged today that shows Mr McCully’s excuses for not knowing about the Malaysian diplomat case don’t stack up, Labour’s Foreign Affairs spokesperson David Shearer says. “Mr McCully said he had received no information about the Malaysian diplomat...
    Labour | 31-07
  • Poisons Centre 50 years; celebration or wake?
    The Government’s plan to roll a number of helpline services together looks set to proceed with disastrous consequences, Labour’s Associate Health Spokesperson David Clark says.  Latest reports suggest Australian company Medibank is the most likely provider....
    Labour | 31-07
  • Green Party statement on passing of FCV legislation
    The Green Party congratulates all parties in Parliament for supporting the completion of the Foreign Chartered Vessel legislation.Legislation passed today ensuring the end of a shameful era of human rights abuses under successive governments and several fishing companies."Human rights and...
    Greens | 31-07
  • Govt must condemn Israel’s killing of civilians in Gaza
    The New Zealand Government must condemn Israel for its indiscriminate bombing of Gaza that continues to inflict massive civilian casualties, the Green Party said today.At least 15 people, mostly children and women, died when the school in Jabaliya refugee camp...
    Greens | 31-07
  • Veterans short-changed by new Act
    National Government reasons for rejecting a recommendation by the Law Commission to give veterans a payment to cover funeral expenses don’t stack up, says Labour’s Veterans’ Affairs spokesperson, Phil Goff. The Veterans’ Support Bill passed its Third Reading in Parliament...
    Labour | 31-07
  • Labour will establish Centres of Vocational Excellence
    A Labour Government will set up Centres of Vocational Excellence to boost training and innovation in industries that are vital to our economy and our regions, Labour’s Employment, Skills and Training spokesperson Grant Robertson says. “Institutes of Technology and Polytechnics play a...
    Labour | 31-07
  • THEY CAN’T ALL WIN OFF THE RACE-CARD – Harawira
    “They can’t all play the race card and expect to win off it”, said MANA Leader and MP for Te Tai Tokerau Hone Harawira, following comments by ACT Leader Jamie Whyte, Conservative Leader Colin Craig, and NZ First Leader Winston...
    Mana | 30-07
  • Graduate nurses put pressure on Ryall
    Moves by the Government to increase the number of training placements for nursing graduates will be seen for what they are – a cynical election ploy, Labour’s Health spokesperson Annette King says. “Health Minister Tony Ryall has just announced the...
    Labour | 30-07
  • Māori Party blocks the end of slave fishing vessels
    Labour is appalled the Māori Party has refused to allow a final reading of legislation to abolish slavery conditions on foreign charter fishing vessels in New Zealand waters before the end of the Parliamentary term, Labour’s Fisheries spokesperson Damien O’Connor...
    Labour | 30-07
  • Ae Marika! 29 July 2014
    It wasn’t till I read John Armstrong’s column in the NZ Herald last week that I realised what a huge impact the Internet MANA tour has had, but the reality is that we achieved what no other political party has...
    Mana | 30-07
  • Unconditional Gaza ceasefire needed now
    The Israeli response in Gaza is disproportionate and with the firing of tanks and mortars into civilian areas, increasingly indiscriminate, says Labour’s Foreign Affairs spokesperson David Shearer. “Eight children were killed in Gaza last night, they were playing in an...
    Labour | 30-07
  • Novopay’s end must not be bulk funding’s beginning
    The end of the disastrous Novopay system must not serve as a stalking horse for the next big threat National poses to schools - the bulk funding of teacher salaries, the Green Party said today."Today's announcement that the National Government...
    Greens | 30-07
  • Labour will raise minimum wage, restore work rights
    A Labour government will raise the minimum wage $2 an hour to $16.25 and restore work rights to ensure the benefits of economic growth are shared fairly by all New Zealanders, Labour Leader David Cunliffe says. “That will put around...
    Labour | 30-07
  • Taxpayer to fork out millions for Novopay rescue
    It will be cold comfort to teachers and school staff still struggling with Novopay that the National Government has finally stepped in to rescue the failed payroll system two years after it was introduced, Labour’s Education spokesperson Chris Hipkins says....
    Labour | 30-07
  • Auckland consents down second month in a row
    National’s housing policy is in disarray with building consents in Auckland falling two months in a row, says Labour’s housing spokesperson Phil Twyford.  “Statistics New Zealand’s latest building consent figures show consents in Auckland are down for the second month...
    Labour | 30-07
  • Green Party launches plan to protect our Maui’s dolphins
    The Green Party today launched its plan to protect the world's smallest and most endangered dolphin, the Maui's dolphin. The plan is the third component of the Party's environmental priority this election: clean rivers and beaches.The key policy points in...
    Greens | 29-07
  • Govt fudging figures over Transmission Gully – Green Party media rele...
    The government is fudging the figures over Wellington road project, Transmission Gully, the Green Party said today.The New Zealand Transport Agency (NZTA) said today it had let the contract to a Public Private Partnership (PPP) for "a net present cost...
    Greens | 29-07
  • New Zealand criticised by Pacific Island leaders
    New Zealand needs to listen to Pacific Island leaders when it comes to climate change action, said the Green Party today. Discontent with New Zealand and Australia is rife at the 2014 Pacific Islands Forum leaders' summit which commenced today...
    Greens | 29-07
  • National’s desperate oil drilling agenda exposed
    A Wall Street Journal article exposing the Government's attempts to lure deep sea oil drillers to New Zealand shows National will stop at nothing to open up our coastlines to deep sea oil, the Green Party said today.The article outlines...
    Greens | 29-07
  • Out of touch Brownlee gets numbers wrong
    Gerry Brownlee has shown how badly he is managing the rebuild by getting his figures wrong on how many houses are needed in Christchurch, Labour’s EQC spokesperson Clayton Cosgrove says. “Gerry Brownlee today tried to poor cold water on the...
    Labour | 29-07
  • Annette Sykes to launch campaign for Waiariki Annette Sykes, MANA candidate...
    At midday tomorrow, Annette Sykes will officially launch her campaign to win the Waiariki electorate seat for MANA in the upcoming general election. “A key goal for MANA this election is to mobilise our people to vote, especially rangatahi, and...
    Mana | 28-07
  • Minister shouldn’t stop Fish and Game doing its job
    It seems that Conservation Minister Nick Smith has again been caught out interfering to allow more pollution in our rivers, the Green Party said today. Last year the Department of Conservation submission on the proposed Ruataniwha Dam was suppressed after...
    Greens | 28-07
  • Public deserves electoral integrity
    National's deals with spent political forces ACT and United Future will be met with a deepening sense of unease over the manipulation of MMP, Labour Leader David Cunliffe says."These parties have no electoral mandate and will return to Parliament only...
    Labour | 28-07
  • Out of control costs raise questions about National Science Challenges
    Amid strong criticism of the value of the National Science Challenges from some of the country’s senior scientists, new figures show administrative costs are skyrocketing while the level of investment in actual science remains a mystery, says Labour’s Innovation, Research...
    Labour | 28-07
  • Low build numbers and faulty repairs: what has Brownlee been doing?
    Despite being a man in a hurry new figures show just 2160 new homes, thousands fewer than needed, have been built under Gerry Brownlee in the last two years, say Labour’s Housing spokesperson Phil Twyford and EQC spokesperson Clayton Cosgrove....
    Labour | 28-07
  • Joyce’s heavy hand stifling innovation
    The National Government should allow scientists and businesses to get on with innovation rather than allow Steven Joyce's heavy hand to direct it, Green Party Co-leader Dr Russel Norman said today. Dr Norman was responding to reports today that several...
    Greens | 27-07
  • CERA spends almost $2m on 7000 flights
    CERA has spent $1.8 million on 7286 flights from Christchurch to Wellington in three years – a huge waste of money as Cantabrians still wait for solutions, Labour’s EQC spokesperson Clayton Cosgrove says. “Of course CERA officials do need to...
    Labour | 27-07
  • Nick Smith oversteps the mark yet again
    Nick Smith has yet again completely overstepped the mark as a minister – this time with a threat to muzzle Fish and Game if they don’t keep in line with Government’s views, says Labour’s Conservation spokesperson Ruth Dyson. “Nick Smith...
    Labour | 27-07
  • Georgina Beyer to stand for MANA in Te Tai Tonga
    “It’s great to have Georgie on board” said Hone Harawira, MANA Leader and Te Tai Tokerau MP.  ”She’s strong-minded, stands up to be counted, and has fought for the rights of those who haven’t had any – and won.  That...
    Mana | 27-07
  • Green Party launches plan to protect our beaches from oil spills
    The Green Party today launched its plan to protect New Zealand beaches from oil spills. The plan is the second component of the Party's environmental priority this election: Rivers clean enough to swim in again, and beaches safe from oil...
    Greens | 26-07
  • Auckland rail use spike shows need to start link now
    The Green Party today welcomes Auckland Transport figures showing rail patronage has soared by 23 percent in June from June 2013, demonstrating both the value of electrification and the need to immediately get cracking building the Auckland City Rail link."We...
    Greens | 25-07
  • Soaring rail use in Auckland shows need for rail link now
    The Green Party today welcomes Auckland Transport figures showing rail patronage has soared by 23 percent in June from June 2013, demonstrating both the value of electrification and the need to immediately get cracking building the Auckland City Rail link."We...
    Greens | 25-07
  • Puhoi-Warkworth decision doesn’t stack up
    The Board of Inquiry decision on the Puhoi-Warkworth motorway gives the green light to a project that doesn’t stack up, says Labour’s Transport spokesperson Phil Twyford. “Labour would spend $320 million immediately to fix the accident black spots, put in...
    Labour | 25-07
  • Key must stand Brownlee down during investigation
    The wise thing for the Prime Minister to do is ask Gerry Brownlee to hand in his transport warrant and to stand him down for the duration of the CAA investigation, Labour Leader David Cunliffe says. “It’s not good enough...
    Labour | 25-07
  • Puhoi highway won’t help Northland roads
    The draft decision by the Environmental Protection Agency to grant resource consent to the proposed $1.65 billion Puhoi motorway doesn't stop it being a waste of money, the Green Party said today. "The Puhoi motorway is an unnecessary waste of...
    Greens | 25-07
  • Green Party to focus on issues not sideshows
    The Green Party has launched its creative for the 2014 election; Love New Zealand. The Green Party campaign focuses on the issues where there is concern that we do not love New Zealand enough; our increasingly polluted environment, increased poverty...
    Greens | 25-07
  • Coleman must come clean about FBI briefing
    Former Immigration Minister Jonathan Coleman must come clean about when he was told the FBI was investigating Kim Dotcom, Labour’s Associate Security and Intelligence spokesperson Grant Robertson says. “Jonathan Coleman has previously said ministers were not aware of the American...
    Labour | 25-07
  • Regional economies need tailored plans
    News that up to 114 jobs could be lost from Fonterra’s Canpac plant in Hamilton reinforces the need for a government plan to build resilient regional economies, Labour’s MP for Hauraki-Waikato Nanaia Mahuta says. “The Canpac site has effectively responded...
    Labour | 25-07
  • Kiwis to get the final vote on amalgamation
    New Zealanders will get the right to have a final say on any proposed local body amalgamations, says Labour’s local government spokesperson Su’a William Sio releasing Labour’s Local Government policy today....
    Labour | 24-07
  • Dr Rajen Prasad’s Valedictory Statement
    Draft Hansard Parliamentary Record. Subject to correction. Bula vinaka. Namaste, Mr Assistant Speaker. Thank you very much. Tēnā koe. I am a lucky migrant and am privileged to have received as much as I have from this country for over...
    Labour | 24-07
  • Darien Fenton’s Valedictory Statement
    Nga mihi nui - kia koutou. I acknowledge all Members of Parliament I have served with and I do so without rancour or criticism. Over nearly nine years in parliament I’ve found that despite furious debate about political difference, most...
    Labour | 24-07
  • Immigation and Kim Dotcom – Harawira
    “I just got a call from National Business Review reporter, asking whether there was any contradiction between my thoughts on immigration in 2009 and now, particularly given MANA’s newly minted relationship with Kim Dotcom” said MANA leader and Tai Tokerau...
    Mana | 24-07
  • Nats to announce 2nd crossing without rail
    Labour Transport spokesperson Phil Twyford says it has been leaked to him that John Key will rule out a rail option when announcing an accelerated timeframe for Auckland’s $5 billion second harbour crossing next month. “I understand the Government’s plan...
    Labour | 24-07
  • “They put Maori centre stage” – Harawira
    “I’m sorry I can’t be at parliament for the valedictory speeches of Tariana Turia and Pita Sharples” said Hone Harawira, MANA Leader and MP for Tai Tokerau, ”but I’d like to add my own best wishes as they reach the end...
    Mana | 24-07
  • 2014 and 1914
    Historian Nicholas Boyle (in ‘2014, How to Survive the Next World Crisis‘) foresees a big event happening this decade that will define the global geopolitical environment this century, much as World War 1 created the politics of the 20th century....
    The Daily Blog | 31-07
  • More NZers trust Kim Dotcom than John Key
    When asked by TVNZ who they believed – Kim Dotcom or John Key, an overwhelming number of people backed Kim over John…   Taking into account the bias of land lines opinion polls, that’s an extraordinary result and it’s a result that...
    The Daily Blog | 31-07
  • Coalition for Better Broadcasting: Yet more changes at Radio NZ
      Paul Thompson is a man who can move mountains and in moving Radio NZ into another decade, he may have set off an avalanche – Chris Laidlaw retired and  replaced by Wallace Chapman, Geoff Robinson retired and replaced by Susie...
    The Daily Blog | 31-07
  • Jamie Whyte loses the plot and why this is Dame Devoy’s finest hour
    I was a damningly critical voice over Dame Susan Devoy’s appointment as the Race Relations Commissioner, but her righteous condemnation of Jamie Whyte’s farcical statement that Maori somehow have the same legal privilege of 17th Century French Aristocracy is such a courageous stance...
    The Daily Blog | 31-07
  • Latest Roy Morgan Poll: Labour jumps 6.5 points up to 30%, National tumble
    Latest Roy Morgan Poll: National down to 46%, Labour up to 30%, Greens down to 12%, NZ First down to 5%, Maori Party up to 1.5%, Internet MANA up to 2,5%, ACT, United Future and Conservatives stay unchanged. To take into...
    The Daily Blog | 31-07
  • What is the nature of satire? Issues for the Human Rights Commission as the...
    Congratulations to Fairfax media for their detailed coverage of the current Human Rights Commission case being asserted by Louisa Wall that Al Nisbet’s cartoons were racist and deserved censure. Pity Fairfax published the cartoons in the first place however. The Human...
    The Daily Blog | 30-07
  • Labour promises $2 boost in minimum wage
    MIL OSI – Source: Unite Union – Headline: Labour promises $2 boost in minimum wage Labour leader David Cinliffe From the New Zealand Herald By Derek Cheng Wednesday July 30, 2014 A $2-an-hour boost to the minimum wage, scrapping the...
    The Daily Blog | 30-07
  • THEY CAN’T ALL WIN OFF THE RACE-CARD – Harawira
    MIL OSI – Source: Mana Movement – Headline: THEY CAN’T ALL WIN OFF THE RACE-CARD – Harawira Posted on July 30, 2014 by admin in Hone Harawira, Press Releases“They can’t all play the race card and expect to win off...
    The Daily Blog | 30-07
  • Labours policies a step change for working people
    MIL OSI – Source: CTU – Headline: Labours policies a step change for working people “After six long years of working life getting tougher in New Zealand workers have been given a real choice today with the announcement of Labours...
    The Daily Blog | 30-07
  • Novopay’s end must not be bulk funding’s beginning
    MIL OSI – Source: Green Party – Headline: Novopay's end must not be bulk funding's beginning Wednesday, 30 Jul 2014 | Press Release Teachers have endured two years of hell, never knowing from one week to the next if they’ll...
    The Daily Blog | 30-07
  • Green Party launches plan to protect our Maui’s dolphins
    MIL OSI – Source: Green Party – Headline: Green Party launches plan to protect our Maui’s dolphins Wednesday, 30 Jul 2014 | Press Release The Green Party today launched its plan to protect the world’s smallest and most endangered dolphin,...
    The Daily Blog | 30-07
  • USA: One year after her conviction Chelsea Manning must be released
    MIL OSI – Source: Amnesty International NZ – Headline: USA: One year after her conviction Chelsea Manning must be released Exactly one year after Chelsea Manning was convicted of leaking classified government material, Amnesty International is renewing its call on...
    The Daily Blog | 30-07
  • EU must close all loopholes in the torture trade
    MIL OSI – Source: Amnesty International NZ – Headline: EU must close all loopholes in the torture trade The European Union (EU) must urgently strengthen its laws to enable member states to immediately ban the trade in new devices and...
    The Daily Blog | 30-07
  • Swaziland: Deplorable sentences against journalist and lawyer stifle free s...
    MIL OSI – Source: Amnesty International NZ – Headline: Swaziland: Deplorable sentences against journalist and lawyer stifle free speech The sentencing of a newspaper editor and a human rights lawyer to two years in prison on charges of contempt of...
    The Daily Blog | 30-07
  • Graduate nurses put pressure on Ryall
    MIL OSI – Source: Labour Party – Headline: Graduate nurses put pressure on Ryall Moves by the Government to increase the number of training placements for nursing graduates will be seen for what they are – a cynical election ploy,...
    The Daily Blog | 30-07
  • Māori Party blocks the end of slave fishing vessels
    MIL OSI – Source: Labour Party – Headline: Māori Party blocks the end of slave fishing vessels Labour is appalled the Māori Party has refused to allow a final reading of legislation to abolish slavery conditions on foreign charter fishing...
    The Daily Blog | 30-07
  • Unconditional Gaza ceasefire needed now
    MIL OSI – Source: Labour Party – Headline: Unconditional Gaza ceasefire needed now The Israeli response in Gaza is disproportionate and with the firing of tanks and mortars into civilian areas, increasingly indiscriminate, says Labour’s Foreign Affairs spokesperson David Shearer....
    The Daily Blog | 30-07
  • Labour will raise minimum wage, restore work rights
    MIL OSI – Source: Labour Party – Headline: Labour will raise minimum wage, restore work rights A Labour government will raise the minimum wage $2 an hour to $16.25 and restore work rights to ensure the benefits of economic growth...
    The Daily Blog | 30-07
  • Taxpayer to fork out millions for Novopay rescue
    MIL OSI – Source: Labour Party – Headline: Taxpayer to fork out millions for Novopay rescue It will be cold comfort to teachers and school staff still struggling with Novopay that the National Government has finally stepped in to rescue...
    The Daily Blog | 30-07
  • Auckland consents down second month in a row
    MIL OSI – Source: Labour Party – Headline: Auckland consents down second month in a row National’s housing policy is in disarray with building consents in Auckland falling two months in a row, says Labour’s housing spokesperson Phil Twyford.  “Statistics...
    The Daily Blog | 30-07
  • A brief word on why Murray McCully’s email didn’t work in New York
    Ummmmmmm. What? An email to Foreign Minister Murray McCully’s office about former Malaysian diplomat Muhammed Rizalman bin Ismail invoking diplomatic immunity remained unopened for weeks – allegedly because communications were limited as the minister travelled to New York. So Muzza...
    The Daily Blog | 30-07
  • The infallible NZ Police
    You would think 44 years after one of their own framed an innocent man by planting evidence that the NZ Police would admit they got it wrong. Not so. The whitewash report yesterday into the Crewe murders does the usual...
    The Daily Blog | 30-07
  • Just how crazy is ACTs Whyte Supremacy?
    Two reasons why Jamie Whyte’s claim that Maori are as legally privileged as 17th Century French Aristocracy is possibly the most stupid thing anyone has ever said. 1 – That easy-Maori-University-entry chestnut is one of the worst examples the right...
    The Daily Blog | 30-07
  • Labour Commits To An End To Factory Farming
    Revelations that the Pigcare Accreditation scheme is still failing animals despite protestations from the Ministry, resulted in a day of national action across the country last Saturday. Thousands rallied in the centres against factory farming for a historic outcome for animals. For the...
    The Daily Blog | 30-07
  • Has Apartheid Israel committed war crimes?
    Last week 29 of the UN Human Rights Council’s 47 members voted to set up an inquiry into possible war crimes committed by Apartheid Israel during it’s latest bloody purge of the Palestinian people. It’s interesting to note the only member...
    The Daily Blog | 30-07
  • Mr Fixit is broken – Novopay becomes Neverpay
    There are deals so poorly agreed to with the barest amount of oversight green lighted for ideological reasons so mangled and damaged that not even Steven ‘Mr Fixit’ Joyce can dress it up beyond the turd cake it is. Novopay is one...
    The Daily Blog | 30-07
  • Jeremy Wells’ Mike Hosking rant on Radio Hauraki: Today
    Jeremy Wells’ Mike Hosking on Radio Hauraki...
    The Daily Blog | 30-07
  • The Right-wing – strong on crime!
    . . National, ACT, and the Right, generally, are renowned for being “tough on crime”. What follows are just a few examples,  to illustrate National/ACT’s “toughness”. . . Ms Hauiti isn’t the first MP to mis-use tax-payer’s money, and most...
    The Daily Blog | 30-07
  • The 40 Percent Solution: Chris Trotter responds to Phil Quin.
    PHIL QUIN writes a mean political column. His long-standing connections to the right of the New Zealand Labour Party are extensive and strong. When he writes about politics, especially electoral politics, it is from personal experience and with considerable authority....
    The Daily Blog | 30-07
  • Labour’s new worker policy – $16.25 minimum wage
    Labour’s much anticipated worker policy has been released. It’s a mix of the aspirational and the smart. $15 minimum wage by Christmas this year, bumped up to $16.25 next year while banning the 90 day right to sack laws and...
    The Daily Blog | 30-07
  • The Liberal Agenda: 30th July- 3rd August
    Wednesday GAZA: Setler colonialism, apartheid and resistance panel discussion Want to know more about what’s going down (and has been going down since 1948) in Gaza, and by extension the Palestinian territory?  Come along to this panel discussion. No boring...
    The Daily Blog | 30-07
  • NZIFF: New Zealand’s Best
    Eleven   Saturday night was New Zealand’s Best at the New Zealand International Film Festival. The collection of 6 short films are selected from over a hundred and are all of very high quality. They compete for a number of...
    The Daily Blog | 30-07
  • Govt fudging figures over Transmission Gully – Green Party media release
    MIL OSI – Source: Green Party – Headline: Govt fudging figures over Transmission Gully – Green Party media release Tuesday, 29 Jul 2014 | Press Release “The Government needs to come clean. In fact, the cost is $125 million per...
    The Daily Blog | 29-07
  • New Zealand criticised by Pacific Island leaders
    MIL OSI – Source: Green Party – Headline: New Zealand criticised by Pacific Island leaders Tuesday, 29 Jul 2014 | Press Release “John Key and his government need to step up and take climate change seriously.” New Zealand needs to...
    The Daily Blog | 29-07
  • So where are the Taxpayer’s Union on Simon Bridges luxury oil dinners?
    So where is David Farrar’s astroturf fake union, the Taxpayer’s Union, to criticise the quarter of a million spent on luxury wine and food to woo the oil industry then? Luxury oil summit during Rugby Cup was an ‘investment’Energy Minister...
    The Daily Blog | 29-07
  • ACT show their true racist colours
    ACT Party conference in Epsom last week At some point ACTs low poll ratings were going to have to force ACT to stop pretending to be some free market under grad fantasy and get them back to their true purpose...
    The Daily Blog | 29-07
  • Broken English, broken government, broken climate
    Bill English’s unguarded statements on climate change demonstrate just how out of touch the National Party leadership really is, and how important it is that they should be forced to face facts. A couple of weeks ago finance minister Bill...
    The Daily Blog | 29-07
  • GUEST BLOG: Kelly Ellis – Privilege Lost
    Elton John didn’t get it wrong when said that sorry was the hardest word. It’s a word whose mere utterance can be seized upon as a sign of weakness and topic of ridicule, while simultaneously expressing understanding and opening the...
    The Daily Blog | 29-07
  • GUEST POST: Curwen Rolinson – A Vote For NZF Is A Vote For NZF – For Na...
    I’m loving this “Duelling Banjos” thing me and Bomber have got going on at the moment - he writes a piece castigating NZF for imminent existential failure due to Cons, I write a refutation setting out why we’ll be back. He writes a...
    The Daily Blog | 29-07
  • Jeremy Wells’ Mike Hosking rant on Radio Hauraki: Today, holidays
    Jeremy Wells’ Mike Hosking on Radio Hauraki...
    The Daily Blog | 29-07
  • Laila Harre to run against Key in Helensville
    Another full house in Rotorua as part of Internet MANAs road trip Another day, another full house for the Internet MANA road trip. John Armstrong understands the energy now swirling around Internet MANA, and the latest announcements of Georgina Beyer...
    The Daily Blog | 29-07
  • Waiting for Gower’s Twittering of indignation…
    .   . Key has made his call; deals with ACT and Peter Dunne are in – a deal with the CCCP (Colin Craig’s Conservative Party), is out; . . Now we can look forward to TV3′s political commentator, Patrick...
    The Daily Blog | 29-07
  • National’s desperate oil drilling agenda exposed
    MIL OSI – Source: Green Party – Headline: National’s desperate oil drilling agenda exposed Tuesday, 29 Jul 2014 | Press Release A Wall Street Journal article exposing the Government’s attempts to lure deep sea oil drillers to New Zealand shows...
    The Daily Blog | 29-07
  • Owner of Kiwis’ favourite tacos takes bold stand for climate action
    MIL OSI – Source: Oxfam NZ – Headline: Owner of Kiwis' favourite tacos takes bold stand for climate action The maker of Old El Paso tacos, Betty Crocker cake mixes and Haagan Daz ice-cream has today committed to industry-leading measures...
    The Daily Blog | 29-07
  • Out of touch Brownlee gets numbers wrong
    MIL OSI – Source: Labour Party – Headline: Out of touch Brownlee gets numbers wrong Gerry Brownlee has shown how badly he is managing the rebuild by getting his figures wrong on how many houses are needed in Christchurch, Labour’s...
    The Daily Blog | 29-07
  • GUEST BLOG: Michael Wood: Weekend at Bernie’s lll – ACT in Epsom
    While no one will be surprised by yesterday’s deal to prop up ACT in Epsom, the audacity of it is still astounding. ACT is a political corpse. Their sole MP has been found guilty of electoral fraud and bides his...
    The Daily Blog | 28-07
  • So how’s all the ‘ Labour Party man ban’ hysteria working out for you...
    Remember all the screams from the media at the so called ‘man ban’ of the Labour Party? Labour’s attempt at gender equality was really just more evidence of Labour’s man hate,  feminists were taking over, heterosexual red blooded men burnt at the stake....
    The Daily Blog | 28-07
  • Paul Henry; the issue is you, not flag-burning
    There will always be reductive, dangerous and reactionary responses to different forms of oppressive violence by our western, often biased, mainstream media. These reactionary responses purposefully distract from the real issues and those who are at the root and the...
    The Daily Blog | 28-07
  • Oh now John Armstrong and Vernon Small want to talk about policy?
    The audacity of the mainstream media seems to know no end. This week both John Armstrong and Vernon Small had the hilarity to demand a focus on policy and not ‘gotcha’ politics… John Armstrong: The ‘gotcha politics’ disease is afflicting...
    The Daily Blog | 28-07
  • “They put Maori centre stage” – Harawira
    MIL OSI – Source: Mana Movement – Headline: “They put Maori centre stage” – Harawira  Posted on July 24, 2014 by admin in Hone Harawira, Press Releases“I’m sorry I can’t be at parliament for the valedictory speeches of Tariana Turia...
    The Daily Blog | 28-07
  • Technology get dangerous vehicles and drivers off roads
    Police is expanding its use of automated technology to catch criminals and make the roads safer for all users....
    Scoop politics | 31-07
  • Seafood NZ Says Kaikoura Conservation Legislation a Template
    Seafood New Zealand has hailed the passage of the Kaikoura (Te Tai-o-Marokura) Marine Management Bill by Parliament today as a template for seafood and environment conservation measures throughout New Zealand. Parliament passed the bill into law on the last...
    Scoop politics | 31-07
  • Whale Watch Kaikoura Welcomes Third Reading of Bill
    Whale Watch Kaikoura General Manager Kauahi Ngapora today welcomed the third reading of the Kaikōura (Te Tai ō Marokura) Marine Management Bill....
    Scoop politics | 31-07
  • NZ performers welcome Labour Party proposal
    NZ performers welcome Labour Party proposal to restore fairness and certainty for NZ workers Equity New Zealand today welcomed the announcement by the Labour Party that if elected, it would restore the right of film and television workers to collective...
    Scoop politics | 31-07
  • Tear Fund’s Obsession: Food And Sex (Trafficking)
    Food and sex have always been kindred bedfellows; both are sensory experiences that ignite the passions. For TEAR Fund, however, the relationship is less savoury and more complex. We work in the darkest brothels of Southeast Asia where young girls...
    Scoop politics | 31-07
  • Poll July 14-27: Nat 46% Lab 30% Gr 12% NZ1 5%
    National (46%) lead over Labour/ Greens (42%) cut significantly as Key rules out deal with Conservative Party but says National would consider a deal with NZ First (5%)...
    Scoop politics | 31-07
  • Study could be used to counter high suicide rates
    Should social media companies such as Facebook and Twitter be subject to moral obligations with regards to their customers' mental health? In the wake of the furore following the “Emotional Contagion” study carried out by Facebook themselves, the question...
    Scoop politics | 31-07
  • Labour’s Minimum Wage Proposal a Backward Step
    Democrats for Social Credit finance spokesperson Chris Leitch has attacked Labour’s proposals to increase the minimum wage labelling it ”a backward step for low and middle income earners”....
    Scoop politics | 31-07
  • Sealord applauds passing of Fisheries FCV Bill
    Sealord Group has welcomed the passing of the Fisheries (Foreign Charter Vessels) Amendment Bill as a move that will safeguard workers and protect New Zealand’s sustainable fishing reputation....
    Scoop politics | 31-07
  • Liam Butler interviews Hon David Cunliffe
    With older Kiwis comprising a growing proportion of New Zealand's population we all need to recognise the significant contribution they make to society - not only as taxpayers and consumers, but as employers, paid workers and volunteers....
    Scoop politics | 31-07
  • GC Star Supports Beyer
    Star of reality TV series The GC, Alby Waititi, has thrown his support behind Mana’s Te Tai Tonga candidate Georgina Beyer....
    Scoop politics | 31-07
  • New ACC Executive appointments announced
    ACC Chief Executive Scott Pickering today announced appointments to the ACC Executive Team effective from 1 September. The new Executive, which contains new roles and responsibilities, contains five members of the existing Executive and two new appointments....
    Scoop politics | 31-07
  • Ministry CEO Hides in Office for Award Ceremony
    Following this morning’s coverage of the extravagant expenditure by Pauline Winter, the CEO of the Ministry of Pacific Island Affairs, Porky the Taxpayers’ Union mascot visited the Ministry’s Wellington Office to present the Union’s first “Troughing...
    Scoop politics | 31-07
  • Students’ first-in-family policy needs support
    Free education for the first person in a family to undertake tertiary study is a creative, innovative and transformative proposal from New Zealand students, says TEU vice-president Sandra Grey....
    Scoop politics | 31-07
  • Fishing Bill a major step towards fixing industry problems
    The Maritime Union says the passing of a bill reforming the fishing industry is a major step in fixing serious problems....
    Scoop politics | 31-07
  • Waikato-Tainui marae to receive $15 million top up
    Waikato-Tainui Te Kauhanganui marae are set to receive a one-off grant worth more than $15 million. Following the call from Te Kauhanganui, sixty-six marae will receive a base grant of $150,000 and an additional per capita grant based on the...
    Scoop politics | 31-07
  • Outdoor Council Backs Fish and Game in Minister Smith Stoush
    A national outdoor recreation council has backed Fish and Game in the wake of an argument with Conservation Minister Nick Smith over the organisation's advocacy role for cleaning up New Zealand's rivers from a deteriorating state....
    Scoop politics | 31-07
  • Income Equality Aotearoa New Zealand Inc. – Closing the Gap
    Simon Bridges says increasing the minimum wage will cost us at least 6000 jobs, hurt businesses and reduce growth. Rubbish, says Peter Malcolm National Secretary of Income Equality Aotearoa New Zealand Inc....
    Scoop politics | 31-07
  • Call on Pauline Winter to Front up Or Resign
    Responding to the Fairfax report that taxpayers are footing the bill for the Ministry of Pacific Island Affairs’ Chief Executive and to fly to Auckland most weekends, Taxpayers’ Union Executive Director Jordan Williams says:...
    Scoop politics | 30-07
  • Petition generates progress for new nurses
    Last week the New Zealand Nurses Organisation (NZNO) launched a petition to get a nurse entry to practice (NEtP) programme for every new graduate nurse. This week, and more than 7,000 signatures later, we are very pleased to hear the...
    Scoop politics | 30-07
  • NZ Parliament backs media freedom in West Papua
    West Papua Action Auckland applauds the decision of the New Zealand Parliament to give its backing to genuine media freedom for local and international journalists in West Papua....
    Scoop politics | 30-07
  • Wellington protest rally to march for Gaza
    “Marchers from Wellington Students for Justice in Palestine intend to lay memorials at the Rabin memorial in Harris Street during a protest rally on Saturday. The names of some child victims of the Israeli attacks on the Gaza Strip will...
    Scoop politics | 30-07
  • ACT Leader Dr Jamie Whyte calls Dame Susan Devoy to resign
    Dame Susan Devoy has responded to my speech calling for racial equality by publicly condemning it as “grotesque and inflammatory"....
    Scoop politics | 30-07
  • WW1 anniversary: Peace vigils on 4 August
    Monday, 4 August, is the 100th anniversary of the start of World War One, "the war to end all wars". Peace Movement Aotearoa, in association with Quakers, is coordinating nation-wide candle-lit vigils on 4 August, in conjunction with peace...
    Scoop politics | 30-07
  • Making It Easier for Disabled Voters to Have Their Say
    The Electoral Commission is making it easier for disabled New Zealanders to enrol and vote, with the confirmation that telephone dictation voting will be in place for the 2014 general election....
    Scoop politics | 30-07
  • AA welcomes lower drink-driving limit
    Lowering the adult drink driving limit is one good step forward in making our roads safer, says the Automobile Association. Parliament voted last night to reduce the blood alcohol limit to .05 for drivers aged 20 or over. The AA...
    Scoop politics | 30-07
  • RSA welcomes Veterans Support Act
    The Royal New Zealand Returned and Services Association welcomes the passage of the Veterans Support Act into law tonight. RSA National President, Don McIver, says that while it has taken a long time to get to this point, and there...
    Scoop politics | 30-07
  • Political debate Thursday July 31st at Whanau Centre
    Waipareira will host a political debate on Thursday at Whanau Centre, Henderson, starting at 7pm. Hosted by broadcaster Willie Jackson, candidates will be asked the tough questions about Whanau Ora, the future of the Maori Seats, Housing, Child Poverty...
    Scoop politics | 30-07
  • They Can’t All Win Off the Race-Card
    “They can’t all play the race card and expect to win off it”, said MANA Leader and MP for Te Tai Tokerau Hone Harawira, following comments by ACT Leader Jamie Whyte, Conservative Leader Colin Craig, and NZ First Leader Winston...
    Scoop politics | 30-07
  • New Zealanders Being Gouged by Electricity and Liquid Fuels
    New Zealand consumers of electricity are being price gouged to the tune of about $1.388 million while the companies pocket the profits, a new economic analysis released today by the Iwi Leaders Forum reveals....
    Scoop politics | 30-07
  • Push For Gender Confusion In Schools
    Family First NZ is warning schools about an agenda to bring gender confusion in to schools in areas such as changing rooms, sports teams and school uniforms....
    Scoop politics | 30-07
  • Labour work and wages policy good for working people
    The Maritime Union says Labour’s new policy on work and wages, announced today, is good for the working people of New Zealand....
    Scoop politics | 30-07
  • Joint Statement on EU-New Zealand Partnership Agreement
    Joint Statement on EU-New Zealand Partnership Agreement on Relations and Cooperation (PARC) by High Representative for EU Foreign and Security Policy Catherine Ashton and New Zealand Foreign Minister Murray McCully...
    Scoop politics | 30-07
  • Time to lift unliveable wage rates
    The Service and Food Workers Union has welcomed Labour’s determination to lift New Zealand’s unliveable wage rates. The Labour Party today announced their Work and Wages policy....
    Scoop politics | 30-07
  • Judith Collins and Women’s Refuge – ‘Doing a Katie Bradford’
    In Rethinking’s latest blog; http://blog.rethinking.org.nz/2014/07/judith-collins-and-womens-refuge.html Kim Workman suggests that Ms Collins treatment of the Women’s Refuge in a recent Q and A interview, could spark a new slang term in the national lexicon – ‘Doing...
    Scoop politics | 30-07
  • Independent candidate advocates monetary paradigm shift
    Waikanae veterinarian Dr Amanda Vickers is standing as an independent for the Otaki electorate, with a view to modernise monetary policy....
    Scoop politics | 30-07
  • Review of Radiocommunications Act 1989
    The Ministry of Business, Innovation and Employment (MBIE) has today published a discussion document reviewing New Zealand’s Radiocommunications Act 1989. The discussion document looks at issues including competition regulation, technical parameters on...
    Scoop politics | 30-07
  • Unite Union welcomes Labour Party increase to minimum wage
    Unite Union welcomes the announcement today by the Labour Party to increase the minimum wage by $2 per hour by early 2015....
    Scoop politics | 30-07
  • Taxing Struggling Families to Boost Bureaucrats Shameful
    Responding to Labour leader David Cunliffe’s announcement that a Labour Government would ensure public servants would receive at least the Living Wage, significantly more than their private sector counterparts, Taxpayers’ Union Executive Director...
    Scoop politics | 30-07
  • Labour reforms show commitment to tackling inequality
    The NZ Labour Party’s just-announced industrial relations agenda demonstrates a clear commitment to tackling the growing inequality in New Zealand and restore democracy to our workplaces, according to FIRST Union....
    Scoop politics | 30-07
  • Debacle shows danger of contracting out public services
    The Public Service Association (PSA) says the Novopay debacle shows core public services are best provided in-house....
    Scoop politics | 30-07
  • Public servants welcome Labour’s living wage announcement
    The Public Service Association (PSA) says Labour’s commitment to ensure all core public service workers are paid at least the living wage will be welcome news to thousands of hard working New Zealanders....
    Scoop politics | 30-07
  • Commission urges politicians to stick to the major issues
    In the run up to the general election Race Relations Commissioner Dame Susan Devoy is urging politicians to “do the right thing and stick to those major issues that will help make New Zealand a better place for all our...
    Scoop politics | 30-07
  • Statement on behalf of Rochelle Crewe
    Rochelle Crewe has lived a life of anonymity. The tragic killing of her parents in 1970, when she was only 18 months old, has understandably been the subject of much media attention in this country in the four decades since....
    Scoop politics | 30-07
  • All parties need to help save Maui’s dolphins
    Forest & Bird is urging all political parties to adopt the recommendations of scientists - and the International Whaling Commission - in order to save to save the Maui’s dolphin from extinction....
    Scoop politics | 30-07
  • Navigating Our Future Conference: Leaders’ Dialogue
    As pre-election positioning heats up and the environment has emerged as a key issue, the Leaders’ Dialogue at EDS’s annual conference next week will be an opportunity to interrogate the main parties....
    Scoop politics | 30-07
  • Labour’s policy promises a return to fairness at work
    Workers across New Zealand will benefit from the Labour Party’s work and wages policy, says the Engineering, Printing and Manufacturing Union. “Labour’s policy is a comprehensive package which will lift wages, lower unemployment, and build a...
    Scoop politics | 30-07
  • Labour’s policies a step change for working people
    “After six long years of working life getting tougher in New Zealand workers have been given a real choice today with the announcement of Labour's Industrial Relations policy package,” CTU President Helen Kelly said....
    Scoop politics | 30-07
  • Tear Fund Launches Emergency Appeal for Gaza
    As the death toll surpasses 1000 in Gaza, TEAR Fund has launched an appeal to help civilians caught up in the conflict between Israel and Palestine. TEAR Fund CEO and chairman of the NGO Disaster Relief Forum Ian McInnes said,...
    Scoop politics | 30-07
  • Democrats for Social Credit Party celebrates 60 years
    Monetary reformers from across New Zealand will celebrate the Democrats for Social Credit Party’s (DSC) 60th anniversary at its annual conference at Quality Hotel Elms in Christchurch this weekend....
    Scoop politics | 29-07
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