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The nub of the issue

Written By: - Date published: 11:16 am, June 19th, 2013 - 111 comments
Categories: business, economy, john key - Tags: ,

So, John Key can’t admit there’s a crisis in manufacturing. He can’t face the 40,000 job losses, the 16% decline in manufactured exports, the 7.7% fall in the number of manufacturing companies for the simple reason that its happened – is still happening – on his watch. But, crisis or not, the Manufacturing Report has good recommendations for boosting manufacturing. Does Key support them or not?

Does Key support a lower and more stable dollar; if not, why not?
Does Key support fixing taxes to direct investment away from housing speculation to productive companies; if not, why not?
Does Key support lowering infrastructure costs such as electricity prices; if not, why not?
Does Key support R&D tax credits; if not, why not?
Does Key support the government buying Kiwi-made whenever possible; if not, why not?

Key can huff and puff and call people bozos, but lets see him answer those questions.

(Oh and I see there’s been more manufacturing job losses. Just remember, there’s no crisis!)

111 comments on “The nub of the issue”

  1. Gosman 1

    Does Key support a lower and more stable dollar; if not, why not? – Unlikely. Basic market fundamentals mainly set the price of a floating dollar. Attempts to lower a dollar artificially can have drastic negative consequences which John Key wouldn’t be keen to see. Lowering a dollar via interventionist means doesn’t necessarily mean it is more stable either.

    Does Key support fixing taxes to direct investment away from housing speculation to productive companies; if not, why not? – Possibly but CGT do not seem to impact on productive investment decisions greatly in places which have them. Both the US and UK had large Housing price bubbles despite a CGT and other taxes like Stamp Duty. The Government has attempted to make other investment opportunities more interesting such as via the partial float of some SOE’s.

    Does Key support lowering infrastructure costs such as electricity prices; if not, why not? – Most likely yes. The best way to do this is via a market mechanism and not the Government coming in to dictate what the price should be. That way leads to shortages in supply that we experienced on numerous occasions prior to the Electricity reforms of the mid 1990’s. Electricity prices for businesses have trended downwards since then so they seem to be working in the regard of lowering infrastructure costs.

    Does Key support R&D tax credits; if not, why not? – Not if they are exploited by companies that would be likely to spend the money anyway or use it as a loop hole to not pay taxes. Although as far as I am aware National doesn’t mind providing support of a similar nature in this area.

    Does Key support the government buying Kiwi-made whenever possible; if not, why not? – Not if it would impact on the ability of our more competitive companies to bid for contracts in other countries because they follow a similar policy. It would also likely increase the cost of any work Government performs meaning a need for either increased taxes or less money to be spent on other areas.

    • bad12 1.1

      A market mechanism to lower the price of electricity to consumers, i realise that during your time commenting here on the Standard you have been called every idiot under the sun,(probably the clouds as well),so there’s no need for me to expand upon the previous attached discriptives,

      But,

      Please oh please tell us all about this ‘market mechanism’, describe for us all the what and how of such a market mechanism,

      (it’s a dull day and i need a good laugh)…

    • Pascal's bookie 1.2

      Possibly but CGT do not seem to impact on productive investment decisions greatly in places which have them. Both the US and UK had large Housing price bubbles despite a CGT and other taxes like Stamp Duty.

      Yeah, this is the stock standard response trotted out every time. Thing is though, usually the people trotting it out will say (at other times obv), that they believe incentives matter and that incentives should be part and parcel of setting tax policy. I’d be interested in hearing why it is that they claim incentives here don’t work, but that everywhere else they do.

      • Rob 1.2.1

        On tthe CGT issue, what evidence is there from anywhere that CGT propells investment away from housing into manufacturing. Or does it just sound like a good idea as it involves taxing people.

        NZ also had a pretty good mezanine finance base to access untill the GFC came and the finance companies collapsed. Back then whilst they were in the big seat, Labour should have done a much better job putting better regulation and control on errant finance companies so that maybe we would not have experienced the clean out of NZ capital base in the way that we have, but that will be the single telling legacy for NZ of the Clark Govt.

        Its only very reecently that banks have become more open to new funding new innovations and assets. The last few years it has been very difficult to get anything from anyone as there was none.

        • Pascal's bookie 1.2.1.1

          Can’t help but notice Rob, that you didn’t address what I was talking about in any way whatsoever. Any reason for that? Did you forget perhaps?

          After you do that in some sort of semi-convincing matter, I’d be more than happy to address the nonsense you spouted.

    • Follow-the-money 1.3

      Are you John Key’s PR person, by any chance? Your in-depth knowledge of his psyche and beliefs suggest you might be.

      If so, can you confirm whether or not his being quoted as calling Shearer a “bozo” was a misquote? It’s a childish term that one would think beneath the prime minister of a developed country. Did he really mean “sozo”, being the Greek for ‘saviour’ or ‘salvation’?

  2. Winston Smith 2

    Because there isn’t a crisis, the numbers are increasing and confidence is up but hey keep trying to spin the line theres a crisis…repeat a lie long enough and people will believe it

    Though I’d imagine you’d need someone more believable than shearer to nail it

  3. BM 3

    Do I support a lower dollar, not really.
    I and most others don’t want to be hit with even higher living costs, fuck the exporters I’m not here to subsidize their businesses.
    They either adapt or die.

    • bad12 3.1

      Through their business efforts ‘Exporters’ subsidize every aspect of the New Zealand economy along with every aspect of our lives,

      Your brainless dismissal of the export sector tho is par for the course and you would add more to the discourse here by sticking to watching the cheap flat-screen…

      • Rob 3.1.1

        You have to understand that NZ also has to import a raft of raw materials and converted items that are used to manufacture.

        The impact of a much lower doller on those manufactureres would be very severe and huge levels of employment would be lost. But no one here seems to consider that and that is very concerning.

        • Rob 3.1.1.1

          Enginered textyles, yarns, advanced co – polymer plastic resins, tooling steel and the list goes on a long long way. None of this is produced in NZ and yet is critical in many manufacturing processes.

          • lprent 3.1.1.1.1

            Surprising how many of these have been produced in NZ in the past at some point in time or another and how many still are in small vertical market situations. None are that hard to produce here at a cost and price point. I have seen tool steel produced and co-polymer resins. The latter I have even made myself because there are remarkably wide range of them used for many purposes.

            I’d guess that you are not that aware of basic economics because otherwise you’d have carried on the argument into why they are not produced in quantity at the current exchange rates and why they might be at a different exchange rate. Which is a whole different argument than the one of technical feasibility that you appear to be trying to argue (badly).

            I’d suggest you look at the reasons that we no longer have a battery industry

            • Gosman 3.1.1.1.1.1

              Or if he was really aware of basic economic theory that due to comparative advantage why we shouldn’t produce them and instead specialize and trade.

              • Draco T Bastard

                Comparative advantage is a load of bollocks. There isn’t even an absolute advantage for any industrial systems as all factories are designed to run as close to maximum efficiency as possible which means economies of scale go out the window as well. The only advantage of trade is to import something that we don’t presently produce while doing the R&D to produce it.

                • Gosman

                  You’re such an old Mercantilist. I feel like I have been transported back to 18th century pre revolutionary France in any discussion with you. By the way, of the two major competiting theories in Economics at that time how did the countries that adopted one of the rival approaches fair against you tries who too the competing policy?

                  • KJT

                    The UK, which refused to import anything but raw materials from their colonies and exported finished manufactured goods, became the most prosperous empire of the time. But you knew that didn’t you.

                    • Gosman

                      Bzzzzt! Sorry wrong answer. The UK’s preferential trade arrangements with colonies was a late 19 th century policy prescription. From the loss of the US till then the dominant strand of thought in UK economic policy was free trade with all.

                    • Draco T Bastard

                      Oh god, you really have NFI WTF you’re talking about do you?

                      Britain was mercantilist until the beginning of the 19th century. It was that mercantilism which allowed her to become the British Empire upon which the sun never set. It was after taking on the free-trade practices that she went into decline resulting in the inevitable loss of empire in the beginning to mid of the 20th century although in this case it was more of a passing of the flag to the US which had greater protections on it’s financial economy and was thus in ascendance.

                      http://en.wikipedia.org/wiki/Mercantilism#Great_Britain

                    • KJT

                      “Free trade” (sarc) works great when you can enforce favourable trade terms at gun point.

                    • r0b []

                      KJT – quiet here this morning so I moved your post forward a bit – now published – hope that’s OK. And welcome aboard!

                    • KJT

                      Thanks. Appreciated.

                  • Draco T Bastard

                    Me, a mercantilist? lol

            • Rob 3.1.1.1.1.2

              Whether I don’t grasp basic economics or whether we don’t have the technical skills doesn’t solve the fact that the stuff is not available from local supply . However I am sure you will now go on to lecture us all on how to fabricate it.

              • GarethGee

                Well played, Rob. Don’t assume because he runs a website, lprent knows anything practical about manufacturing. Apparently he even knows the competitive price point compared to foreign suppliers. Remarkable! And all this time manufacturers had no idea, because, you know, what possible incentive could they have to find this out?

        • Draco T Bastard 3.1.1.2

          You have to understand that NZ also has to import a raft of raw materials and converted items that are used to manufacture.

          No we don’t. We have all the needed raw resources within our own borders although we would need to develop the infrastructure for processing them. This is known as developing the economy.

          The impact of a much lower doller on those manufactureres would be very severe and huge levels of employment would be lost.

          Actually, it would tend to encourage the development of the economy because importation would be too expensive and thus produce more jobs.

          • GarethGee 3.1.1.2.1

            Ahhh import replacement strategies. Go ask Argentina in the 90s how that worked out for them. Cue IMF conspiracy theories ad nauseum.

            And no, New Zealand doesn’t have all the materials. You need skill and knowhow. and you need someone to finance it. You keep using “we” in developing this capability. By which, I assume you mean, the government invests in these processes rather than private sector initiative. Again, Argentina much?

            • Draco T Bastard 3.1.1.2.1.1

              And no, New Zealand doesn’t have all the materials.

              Yes we do – go check out the governments minerals website on it.

              You need skill and knowhow.

              Yep, got those too – that’s what all those universities are for. In fact I believe we’re presently leading the world in some fields.

              and you need someone to finance it.

              Easy – the government prints the money and spends it into the economy specifically to make use of those resources.

              By which, I assume you mean, the government invests in these processes rather than private sector initiative.

              Of course, the private sector comes with the dead weight loss of profit which leaves the majority working hard and going nowhere and a large percentage in outright poverty all so that a few sociopaths can be rich. We know this because it’s what has always happened when the private sector (read, rich pricks) takes over the economy and only uses it to their own benefit.

              BTW, we the people are the government. The government is not a separate entity.

              Again, Argentina much?

              Using a single word isn’t an argument.

          • Rob 3.1.1.2.2

            at 3.1.1.2 and thus the lecture starts.

  4. tracey 4

    When the Pm calls the Greens hippies and their funny money policy (quantitative easing it’s called elsewhere) how do his supporters (who agree with him) reconcile that against things like this?

    “Markets rally as Ben Bernanke backs further quantitative easing”

    http://www.guardian.co.uk/business/2013/may/22/markets-rally-ben-bernanke-qe-stimulus

    “The US economy was improving, but “headwinds” including government budget cuts were dragging on the recovery, Bernanke told the US Congress.”

    “Bank of England pressed to increase quantitative easing as confidence sags”
    http://www.guardian.co.uk/business/2013/mar/04/bank-of-england-qe-confidence

    I bet the bank of England would be surprised to be icalled hippies and supporters of “funny money”

    • Gosman 4.1

      Horses for courses. Regardless the Greens aren’t pushing this policy anymore because they can’t get backing from Labour or NZ First. Why would Labour and NZ First be so anti it do you think?

      • vto 4.1.1

        Why would John Key call the Bank of England and Ben Bernanke and the Federal Reserve loopy hippies with funny money policies do you think?

        Is it because the Bank of England, the Federal Reserve and Ben Bernanke are hippies with funny money policies or is it because John Key just keeps talking absolute bullshit?

        • Gosman 4.1.1.1

          Have you got the quote where John Key directly called the Bank of England and Ben Bernanke and the Federal Reserve “loopy hippies with funny money policies”?

          I’d expect the quote to include all of those various people/organisations by name rather than by inference.

          • vto 4.1.1.1.1

            Ha ha – have to pull out the pinhead dance again eh gosman? Let me rephrase it for you if that help…

            Why would John Key describe money printing policies like those of Ben Bernanke, the Federal Reserve and the Bank of England as loopy and funny money policies do you think?

            Is it because the money printing policies like those of Ben Bernanke, the Federal Reserve and the Bank of England are loopy and funny money policies or is it because John Key just keeps talking bullshit

            next pinhead coming to you in 3… 2… 1…

            • Andrew 4.1.1.1.1.1

              Printing money is one of last resort. The US and the UK are printing money as they have an effective 0% – 0.5% base rate and deflation. They are trying to inflate their economies. NZ, on the other hand, still has a base rate of 2.5% and no deflation, rather we still have inflation, albeit at the lower end of the scale.

              Printing money with a 2.5% base rate, when your economy is expanding, is likely to cause more inflation and a decline in real money purchasing power.

              That is why it’s idiotic/loopy in ‘NZ’. It’s arguably not idiotic/loopy in the UK or the US. The same effect can be used here by lowering our base rate. The US and the UK cannot lower theirs any more.

              • Gosman

                Thank you Andrew.

                Over to you vto.

              • vto

                I understand that is, partly, correct Andrew, but the point is around John Key and his shit talking. He deceives and avoids and minces and… simply talks bullshit. This is one example.

                edit: the funny thing is that the policies are still actually funny money policies. The world’s greatest ponzi scheme running amok all over the whole place. Do you ever wonder why actual real assets like power companies, land, gold, knitting machines, farm animals, etc etc are valued above printed paper money??? And by those who print that money? It is all the great deception….

                • Gosman

                  The policy is one for loonies in the NZ context. Why is this a difficult concept for you to grasp?

                  The Greens have finally understood they aren’t going to make any head way on this. If the Hippies can understand this why can’t you?

                  • vto

                    Already answered to Andrew above.

                    And btw, you shold always listen to the hippies as they are usually one step or generation ahead of the rest……

                    And their recognition of this policy as a useful tool in certain circumstances, just like the US, UK, Japan and Europe, (albeit the same circumstances do not quite exist in NZ at the monent) is one example of that.

                    Another example is recognition of Omaha and Waiheke and Coromandel as superior places to live before the rich rabble…

                    Another example is recognition of organic food as superior to corporate food before the rich rabble….

                    Another example is recognition of alternative energy before the rich rabble…

                    Go the hippies I say

                    • Gosman

                      Another example is the lack of use of basic hygiene before the rich rabble.

                      Another example is the belief in the power of ‘energy’ (Like Homeopathy) to cure illness before the rich rabble.

                      Another example is the belief in the power of free love to solve the worlds problems before the rich rabble.

                      Those Hippies got everything just right before everyone else no doubt about it, Man.

                    • vto

                      ha ha, we each make our own nests gosman.

                      and btw, your hygiene one is false. The other two are matters of the mind, if you like, whereas what I was talking about was daily physical realities (land, food, heating and power).

                      but you know – hairs to split and all that.

                • Andrew

                  “Do you ever wonder why actual real assets like power companies, land, gold, knitting machines, farm animals, etc etc are valued above printed paper money??? And by those who print that money? It is all the great deception….”

                  Because paper money has no intrinsic value. The paper means nothing. The guarantee of goods or services give it value. So the paper is only worth what you can exchange for it in the way of goods and services.

                  • vto

                    True.

                    Note what people with lots of paper money do – exchange it as quickly as possible for actual real assets like power companies, land, gold, knitting machines, farm animals, etc etc

                    Kind of points to the true game play being game-played out around the globe right now – witness Mighty River Power, witness moves by ECB to push places like Greece and Cyprus to exchange their real assets for paper money…

                    I think we wll need to look, think and evaluate, with big wide open eyes and minds, much more than we do.

                    • Andrew

                      “Note what people with lots of paper money do – exchange it as quickly as possible for actual real assets like power companies, land, gold, knitting machines, farm animals, etc etc”

                      exactly, they do this to hedge against inflation. if the banks paid any real interest on saving, then money in the bank will beat inflation, but not at the moment. poor people that run out of money week to week are the real losers of inflation. this is why printing money will always hurt those with the least money the most, as their precious few $$ they have to spend each week are worth less with an inflated money supply.

                      “I think we will need to look, think and evaluate, with big wide open eyes and minds, much more than we do.”

                      couldn’t agree more.

                    • Draco T Bastard

                      exactly, they do this to hedge against inflation.

                      Nope, they do it to get real assets that can then be held over the heads of everyone else so that they can become even bigger bludgers on society.

                      this is why printing money will always hurt those with the least money the most, as their precious few $$ they have to spend each week are worth less with an inflated money supply.

                      And you still fail to understand that the private banks print vast amounts of money every year and so hurt those poor people. The government printing money won’t do that because:

                      1.) It doesn’t have interest on it and so can actually be paid off
                      2.) Can easily be offset by taxes and so the money supply can be controlled more easily
                      3.) The money printed by the government will actually be spent into the economy rather than accumulated by the few

                      What we need to do is stop the private banks from printing money as they’re the ones causing all the problems.

                    • KJT

                      Unless it is paid to them in increased wages, of course.

                    • Draco T Bastard

                      Increasing wages won’t stop the collapse of the economy brought about by the charging of interest on created money.

                      BTW KJT, I’m not really sure what you’re replying to there.

                    • KJT

                      Replying to Andrew. Poor people do not lose out when inflation increases their wages in relation to costs.

                      When the spending is on wages, not on tax cuts for Hawaii holidays for the rich, for example..

                    • Gosman

                      Inflation does not increase wages. Inflation is a measure of the increase in the price of goods and services not wages. Wages may go up due to higher inflation but they are quite separate things.

              • bad12

                Your joking right, there is only one reason that the NZ economy is running at 2% inflation, it’s called Government BORROWING,

                For the moment i will leave out of the inflation equation private sector borrowing, BUT, tell us all what exactly would be the difference in the Government having ‘printed’ the 100-300 million dollar weekly shortfall in Government revenue for the previous 4 years,

                Of course the economy is showing 2% inflation, it was showing similar to that prior to the Global Financial Crisis and Slippery’s National Government have refused to face reality and borrowed somewhere in the realm of 60-80 billion dollars in 4 years to prop up it’s spending hence the 2% inflation,

                IF the Slippery Shysters had of instead of borrowing that 60-80 billion dollars simply printed the same amount of money the same amount of inflation, (2%), would have occurred,

                Only the blind and/or stupid cannot see this simple truth…

                • Andrew

                  as far as i am aware, government borrowing does not cause inflation. although i am not an economist, so i would concede to being wrong if proved otherwise.

                  “Slippery’s National Government have refused to face reality and borrowed somewhere in the realm of 60-80 billion dollars in 4 years to prop up it’s spending”

                  to prop up its spending? or the previous governments spending? also, according to all in sundry here, we have had nothing but austerity budgets over the past 4 years? Maybe its borrowing is because of the ChCh earthquake, and to keep the economy going since the GFC? A good thing, no?

                  How bad would things be if the government decided that it wouldn’t borrow any more money?

                  edit: “IF the Slippery Shysters had of instead of borrowing that 60-80 billion dollars simply printed the same amount of money the same amount of inflation, (2%), would have occurred,”

                  bullshit

                  • Gosman

                    Government borrowing can cause inflation if you add to the amount of money in circulation as a result. But you are correct that borrowing in its own right doesn’t have a large impact. It is resultant government spending which has the bigger impact on inflation. Nowhere near the impact though if you funded the spending shortfall via printing money. The fact bad12 doesn’t understand this is a biting indictment on his/her left wing view of the world.

                    • Andrew

                      so i guess that when the loan is repaid the money is no longer in circulation.

                    • KJT

                      There is absolutely no difference in the initial effect on inflation between QE, insurance money coming in, like CHCH, and Borrowing.

                      The difference is later when borrowing has to be paid back, with interest!

                      The difference is the banks charge us for “printing money”.

                      See comment below.

                    • Colonial Viper

                      so i guess that when the loan is repaid the money is no longer in circulation.

                      Correct. Money is effectively destroyed from the economy, until a new loan is originated, recreating the money in the economy. A fact inferred by this cartoon

                      http://thestandard.org.nz/toles-on-economic-recovery/

                    • KJT

                      So Gosman, Governments borrow money without necessarily spending it?

                      I suppose you are right when they borrow it for tax cuts for Hawaii holidays. AND The money is not spent here.

                      However, say 300 million is spent in Christchurch
                      In borrowed money, QE or taxation.
                      Only taxation has a neutral effect on inflation.

                      However inflation is not a given. If the extra money soaks up otherwise unused resources, such as previously unemployed people. Which we have far too many.

                    • Gosman

                      Do people use NZ dollars when they are on Hawaii on Holiday?

                  • bad12

                    Government borrowing does not cause inflation, Government spending does, even frigging Gosman knows that, i get the feeling we have been debating with a slightly retarded 5 year old…

          • bad12 4.1.1.1.2

            Splitting hairs??? If Slippery the PM thinks the Green Party ‘printing money’ is the policy of ‘loopy hippies with funny money policies’ then by inference the Governments of Japan, the US, the UK and Europe must also be ‘loopy hippies’,

            Or, perhaps you see some fundamental difference in a Government of NZ ‘printing money’ as opposed to borrowing other countries freshly printed scrip…

            • Gosman 4.1.1.1.2.1

              See Andrew’s reply above.

              BTW why have The Greens recently abandoned their big push of this policy, (or at least acknowledged it isn’t going to happen anytime soon)?

              • bad12

                See my reply to Andrew’s snippet of low intelligence above, answered in full and debunked for the rubbish it actually is,

                Failing to address the true picture of the Slippery National Governments intentions to hand to the next Government a set of Government accounts mired in 60-80 billion dollars of debt is simply low browed lies by omission we have come to expect not only from this abysmal Government but it’s supporters as well,

                Seems really sensible for the Green Party to stop pushing it’s ‘printing money’ policy as neither Labour or NZFirst, party’s that are likely to form the next Government agree with such a policy…

                • Andrew

                  “See my reply to Andrew’s snippet of low intelligence above, answered in full and debunked for the rubbish it actually is”

                  wow, that’s pretty harsh. straight into the ‘low intelligence’ meme. Nice one.

                  in actual fact, yours is the rubbish. Nowhere above did you debunk anything. In actual fact, the “why don’t governments just print money instead of borrowing it” meme, has been well and truly debunked the world over. Of course, there are a few economists out there that actually believe the way you do, but i certainly wouldn’t call it a consensus as they are very much in the minority.

                  • bad12

                    The Governments of the UK, the US, Japan and Europe print the stuff at their whim but you and other neanderthals know better of course,

                    So tell us all again, what would have been the difference, if in the last 4 years the Government had of ‘printed’ the 60-80 billion dollars it has so far borrowed,

                    Your claim is that because there is 2% inflation in our economy ‘printing’ this money so far borrowed would have lead to undue inflation, you are blind to the fact that by borrowing that 60-80 billion dollars in this 4 year period this government has not only kept the dollar growing in value against the US dollar it has also ensured that inflation will be 0-2%,

                    If the Government had not borrowed that 60-80 billion dollars and spent this into the NZ economy it would have tanked and inflation would be at zero%,

                    So really your argument is able to go round in a loop, the argument of the loopy, the truth is that if this Government had of printed that 60-80 billion dollars over that 4 year period we would still have inflation at 2% without having the debt mountain chalked up unnecessarily by this Government…

                    • Colonial Viper

                      I actually what Andrew’s agenda is. It is common knowledge that the big central banks i.e. BoJ, ECB, Federal Reserve, BoE and several other smaller ones, have been creating money at a massive, unprecedented rate since 2008.

                      The Fed’s ZIRP policy means that the Primary Dealers can access that money at essentially 0% interest.

                      What is in it for Andrew to deny these facts?

                    • Andrew

                      see:

                      http://thestandard.org.nz/the-nub-of-the-issue/#comment-650820

                      I have already said that is it absolutely necessary for the big central banks to be printing money due to fighting deflation, so your “you and other neanderthals know better” comment is unnecessary.

                      so, if i understand you correctly, you are saying that if the NZ govt printed 60-80 billion dollars over the last 4 years, while we have positive inflation and a central bank rate of 2.5%, then we would only have the same rate of inflation that we do now ….

                      and i’m saying bullshit.

                      edit: and BTW, “kept the dollar growing in value against the US dollar”. The NZD is growing in value against the USD due to the USD devaluing, not the other way around.

                    • bad12

                      What i have said and it’s in plain English so even the slightly retarded should understand it =,

                      There is but one reason that the NZ economy sailed through the Global financial crisis without going into deflation and that is that the current Government has since 2009 spent into the economy 100-300 million dollars weekly that was not direct Government revenue, ie: it borrowed that 100-300 million dollars a week,

                      Therein lies the root of your 2% growth/inflation and therein lies 1/2 the reason for the high NZ$ the other half being the continuous devaluation of the US$ by you guessed it, printing money,

                      This of course leaves the next Government with a 60-80 billion dollar debt, i am sure you can follow me thus far,

                      Now if we as a country had of followed those big central banks in printing money to fight off deflation instead of borrowing 100-300 million dollars weekly to achieve exactly the same thing we would be in exactly the same position vis a vis the 2% inflation/growth now being experienced except we as a country would not have a debt mountain of 60-80 billion dollars, a lower valued NZ$, far higher export earnings and far more manufacturers and manufacturing jobs,

                      The fact that you can only muster ‘bullshit’ as an interjection is meaningless drivel and you know that i am correct in my analysis unless that is you think borrowed dollars have some form of ‘magical qualities’ that printed dollars do not possess…

                  • Draco T Bastard

                    wow, that’s pretty harsh. straight into the ‘low intelligence’ meme.

                    It’s not a meme, it’s solid research – RWNJs are stupid.

                    Of course, there are a few economists out there that actually believe the way you do,

                    The average run of the mill economist (most of them) wouldn’t know what an economy was if they tripped over one. It’s the one time I’ll say that listening to the academics is worse than useless as doing so leaves everyone worse off.

            • Andrew 4.1.1.1.2.2

              Oh, i forgot about Japan, thanks for reminding me. Japan have been fighting deflationary stagnation since their economy imploded in the 90’s. Printing money in Japan would seem like the only option. From the financial times:

              “The BoJ will double Japan’s already expanded monetary base, taking all imaginable measures to achieve 2 per cent inflation in about two years”

              So once again, they are printing money like there is no tomorrow, among other things, to try and achieve ‘inflation’. We already have inflation, our economy is expanding.

              • vto

                Andrew, when you say this … “our economy is expanding”, which many measure seem to say at the moment, I have to disagree. The money is expanding perhaps, thanks to pretty much debt issued by the banks (which is also most all printed), but the amount of personal activity and production (actual goods etc) by people in their daily lives, which is a true measure of an economy is stagnant.

                The whole expanding economy meme is a myth. It is purely a money measure and we are all awre of the fragile and slippery nature of “money”.

                This measure is all part of the global monetary system. Trust in it at your peril.

                • Andrew

                  smarter people than me work out the inflation rate, i don’t know if banks extending credit has anything to do with it.

                  for more info on how banks (not including the reserve bank) don’t actually print money can be found here:

                  http://www.positivemoney.org/how-money-works/advanced/

                  • KJT

                    And the same people who claim the high interest rates in New Zealand attracting fast loan money from overseas feeding into land prices does not cause land price inflation, claim that QE will cause runaway inflation.

                    Well, both can’t be right.

                    Unless you have the typical RWNJ cognitive dissonance, of course!

                  • Colonial Viper

                    for more info on how banks (not including the reserve bank) don’t actually print money can be found here:

                    The link says that they don’t usually print the money, they simply electronically create it out of thin air.

                    • Draco T Bastard

                      Yeah, was surprised by him linking to Positive Money while saying that the banks didn’t print (create) money. Seems he wasn’t paying attention while reading the page.

              • Draco T Bastard

                Just because we have inflation doesn’t mean that our economy is expanding. Inflation can also be driven by a lack of demand.

      • bad12 4.1.2

        ”A market mechanism to lower the price of electricity”, we are all waiting with bated breath for you to expand upon this telling us what this ‘market mechanism’ is and exactly how it will work to lower the price of electricity,

        Perhaps tho you really have no knowledge of such a ‘market mechanism’ and other’s who view you as nothing but the dumb shill of Slippery’s National Government have your measure down to a T….

        • vto 4.1.2.1

          bad12 that will be the same “market mechanism” that gave us leaky homes, no affordable housing, the inability to provide for dairying irrigation, and 29 dead men at Pike River.

          “Market mechanisms” are only good for undies and car tyres. Important shit it is proven hopeless at.

          • bad12 4.1.2.1.1

            Yeah i am just picking on that clueless empty suitcase in an effort to get ‘it’ to make a bigger fool out of ‘it’self’ than it already has….

          • Gosman 4.1.2.1.2

            Yeah like in Computer Hardware and Software. Industries dominated by the State sector.

            Oh hang on a minute……

            • vto 4.1.2.1.2.1

              fair enough mr clever – undies, car tyres and computers. You can probably add paint, chainsaws and hats too

            • KJT 4.1.2.1.2.2

              Who started the internet, Gossy.

              Clue.

              It wasn’t the private sector!

              • Gosman

                We are discussing the overall market not individual inventions or innovations that form part of the market.

                • KJT

                  Yeah right.

                • bad12

                  You are not discussing anything, your ‘market mechanisms’ etc are simply empty mouthing’s from an equally empty head, i still await your description of the ‘market mechanism’ you claim will bring down the retail price of electricity…

                • Colonial Viper

                  Hey Gossie who invented the transistor, the basis for electronic technology from the 1960’s onwards?

                  And who funded the development of the first jet aircraft?

              • Rob

                KJT who invented the plane .

                Clue

                It wasn’t the Govt.

                • vto

                  Rob, who invented the cooked meal.

                  Clue

                  It wasn’t a market mechanism.

                  • Rob

                    Nor was it a Govt.

                    It was probably an individual, exactly the same as the bloke who conceived the internet.

                    • Colonial Viper

                      If this is the level of reasoning and invention you are referring to, there’s not much hope left.

                    • vto

                      whooosh….

                      you see this crazy line of reasoning exposes the craziness in right wing thinking in these modern times.

                      It would not have been an individual at all it would have been a group I would suggest. Early humans or neanderthals or cro-magnons or our great-granddad-apes never ever acted or lived as individuals. The cooked meal would have been attended to as a group, or community, acting together in its best interests AS A COMMUNITY.

                      This whole concentration on the individual is at the forefront of right wing madness. You guys are out of sync with manwomankind and history. You are an anomoly. You need to wake up and see the big picture and how we humans have got to where we are. It has got us this far – it should, fingers crossed, get us to where we will get in the future.

                      It is all about community, not individuals.

                    • McFlock

                      Maybe Rob’s thinking of Tim Berners-Lee, who developed the integration of hypertext and the internet.

                      While working for CERN.

                      Oh, and he gave it to the world, rather than stifling creativity and expansion via corporate IP monopolies.

                • Colonial Viper

                  KJT who invented the plane .

                  Clue

                  It wasn’t the Govt.

                  LOLOLOLOLOLOLOL what a dumb line of reasoning.

                  • Rob

                    Yep I was thinking of Lee , obviously I missed learning about the community meeting that devised the hot meal cooking roster .

            • Draco T Bastard 4.1.2.1.2.3

              Industries that wouldn’t have got off the ground without government funding.

      • Draco T Bastard 4.1.3

        Because they’re stupid and tied to the neo-liberal lie that the government can’t do it?

  5. KJT 5

    The difference is the banks charge us for “printing money”.

    It still represents work done, either now or in the future who ever “prints” it.

    It seems to have been rather buried inn history that, printing money for public works and employment schemes, work done, now! was how New Zealand got itself out of the 30′s depression. Before the countries that did not, by the way! They required a war.

    Much of the infrastructure the idiots are selling off now, was built with “printed money”.

    The USA did the same. It laid the infrastructure foundations for their continued prosperity after WW2.

    It was also “printed” US dollars backing the Deutschmark, also “printed” which enabled Germany to become the economic powerhouse it is now.

    The problem with “printing money” is that, in New Zealand at present, it is unlikely to cause enough inflation to restore the balance of trade and the overvalued dollar. We have too many underutilized resources, especially workers.

    It puzzles me that some people are so opposed to the State “printing money” but are happy to live with the effects of banks unbalanced “printing money” into house and land price inflation, and our dollar inflation against trade competitors currencies..
    Well, I suppose it is not a puzzle really. they are happy to take wealth off the rest of us, in interest.

    Objections to “printing money” show either a fundamental misunderstanding of the economic role of money, or a cynical desire to foster public ignorance to keep the banks gravy train in operation.

    • Gosman 5.1

      That would seemingly include the NZ Labour party then.

      • KJT 5.1.1

        Nothing would surprise me, about the current Labour party, non-leadership.

        Though some of their younger people seem to be shaping up well.

      • xtasy 5.1.2

        Stop making claims that are not true, even though I am critical of Labour myself, for other reasons.

    • bad12 5.2

      Well said, and i agree with all your points made…

    • Draco T Bastard 5.3

      Objections to “printing money” show either a fundamental misunderstanding of the economic role of money, or a cynical desire to foster public ignorance to keep the banks gravy train in operation.

      QFT and +1 on all the rest as well.

  6. Ad 6

    Great questions.

    My concern is tactical: if the Christchurch requild bring unemployment down below 6% it will be hard to have a sensible conversation about economic development. And hard to ge the left elected
    at all.

    I have been recently re-reading Brian Easton’s The Nationbuilders. It’s a pantheon of many who pushed the development of New Zealand as if New Zealand were an idea to strive for and make. I urge you to read it.

    I liked the Helen Clark government overall. But the next one has to be better than that. I want to see nationbuilders emerge again.

    • Rogue Trooper 6.1

      High Ad.

      • Ad 6.1.1

        Yes I was declaiming from the mountaintop to the soundtrack of Where The Streets Have No Name and calling down all Vogellian gods as I wrote it. Every mild attempt at policy coherence generates these little fantasies; sorry ;-)

  7. Rogue Trooper 7

    well, the NZ dollar is going to go higher against the Aussie on the back of their rates cut, and we are all waiting for Bernanke’s announcement in the morning, with the inevitable flow-on effect to the NZ economy…
    the deficit is going to increase through the imports for the Christchurch rebuild and foreign profit-taking from the “growing economy”.Just swell.

  8. xtasy 8

    John Key would not care a damned shit about the report brought out by the Auckland University professor, who was the author of the manufacturing crisis report.

    The crisis is a multi faceted and complex one, and it is deep. It is not easy to see for those focused on total manufacturing output, which hides the fact, that only a fraction is value added “production” that happens in NZ.

    Low value added or non value added manufacturing dominates, and that is what goes out in raw dairy, meat, logs and fish.

    Key though is not interested in details, he is only interested in quick fixes, as he grew up with “quick fix” deals and solutions. The very environment and conditions of currency or commodity trading is one, where you do not care about details of who does what, who manufactures, who invests, who researches, it is the charts, the present, immediate market ratings, the day to day deal options, that dictates your thinking.

    That is the environment of one John Key, and that is what made him get rich. He is more of a radical short term opportunist and “gambler” and risk taker, than a strategist and planner. The latter is what smart and successful economies are built on, like Germany, Japan and now also China.

    Key is not interested in that, he is only thinking term focused. It is the last term, definitely at least the second last, that he will bother with running politics. So he is focused on quick fixes, and a rush in exports of low value added, resource depleting and environmentally damaging commodities and products, that serves him well. Once – or before, the economy is stuffed and drained, no more to be made, he will move on, and that will be to some other role in business or consulting, or into retirement, which he has already booked himself into, on a nice tropical island on Hawaii.

    No risks for him, and fuck the rest, that is ‘Keysianism”, the most modern version of Fieldman type economics.

    Manufacturing of higher valued products and all the efforts, finance and support that may require is too long term stuff for the man. Not worth his time. So suck deep, NZers, he does not give a shit damned arse for the future of your country. Yet so many love a smiling assasin face to trust, and they all speculate on their properties, to sell for a great gain to an Australian, a Chinese or Pom.

    NZ Economics in short!

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  • IGIS report a damning indictment on former spy boss
    The report by Inspector-General of Intelligence and Security into the release of classified documents is a sad and damning indictment on former spy boss Warren Tucker, Labour’s MP for Mount Roskill and former leader Phil Goff says.  “This report upholds...
    Labour
  • South Auckland disadvantaged by new decile rankings
    New decile rankings have South Auckland schools at scores that show they are much more disadvantaged than the national average, says Labour’s Associate Auckland  Issues spokesperson Louisa Wall.  “As a measurement of disadvantage it is alarming that the average score...
    Labour
  • South Auckland disadvantaged by new decile rankings
    New decile rankings have South Auckland schools at scores that show they are much more disadvantaged than the national average, says Labour’s Associate Auckland  Issues spokesperson Louisa Wall.  “As a measurement of disadvantage it is alarming that the average score...
    Labour
  • Sexism, rape culture and power
    Our discourse around sexual violence is complicated. All too often perpetrators are described as ‘monsters’, so when someone you know tells you the lovely man that you really like sexually abused them it’s hard to believe, because they’re not a...
    Greens
  • Time for an economy that works for all New Zealanders
    New Labour Finance spokesperson Grant Robertson says the challenge for the National Government is to support an economy that delivers good, sustainable jobs paying decent wages. “It’s time the economy delivered for all New Zealanders, not just the fortunate few....
    Labour
  • Time for an economy that works for all New Zealanders
    New Labour Finance spokesperson Grant Robertson says the challenge for the National Government is to support an economy that delivers good, sustainable jobs paying decent wages. “It’s time the economy delivered for all New Zealanders, not just the fortunate few....
    Labour
  • New faces, wise heads in bold Labour line up
    Labour Leader Andrew Little today announced a bold new caucus line up which brings forward new talent and draws on the party’s depth of experience....
    Labour
  • Plan for mega factory farm ruffles feathers
    Not long ago I wrote about the proposal to build a mega factory farm in the small township of Patumahoe that would confine over 300, 000 hens to colony cages. This week the resource consent hearing for the proposed factory...
    Greens
  • National opens door further to Chinese property speculators
    National has further opened the door to Chinese property speculators with the registration of a third Chinese bank here that will make it easier for Chinese investors to invest in New Zealand properties, the Green Party said today."As well, former...
    Greens
  • National restarts logging in West Coast forests
    “Dead wood also contributes by providing nutrients to soils, supporting the agents of wood decay such as fungi and invertebrates and it is a key habitat for the regeneration of some trees.” Annual Report 2013/14, page 29. The National Government has...
    Greens
  • National restarts logging in West Coast forests
    “Dead wood also contributes by providing nutrients to soils, supporting the agents of wood decay such as fungi and invertebrates and it is a key habitat for the regeneration of some trees.” Annual Report 2013/14, page 29. The National Government has...
    Greens
  • National restarts logging in West Coast forests
    “Dead wood also contributes by providing nutrients to soils, supporting the agents of wood decay such as fungi and invertebrates and it is a key habitat for the regeneration of some trees.” Annual Report 2013/14, page 29. The National Government has...
    Greens
  • Lab plan the beginning of slippery slope?
    It’s time for new Health Minister Jonathan Coleman to show his hand on plans to privatise lab services which doctors are warning could put patients’ lives at risk, Labour’s Health spokesperson Annette King says. “Clinicians have sent the Government some...
    Labour
  • Lab plan the beginning of slippery slope?
    It’s time for new Health Minister Jonathan Coleman to show his hand on plans to privatise lab services which doctors are warning could put patients’ lives at risk, Labour’s Health spokesperson Annette King says. “Clinicians have sent the Government some...
    Labour
  • A-G called on to look into flagship ‘cost-saving’ programme
    New health Minister Jonathan Coleman has some serious questions to answer following a decision to wind up the Government’s flagship health savings provider HBL just a fortnight after giving it the green light to implement its plans, Labour’s Health spokesperson...
    Labour
  • A-G called on to look into flagship ‘cost-saving’ programme
    New health Minister Jonathan Coleman has some serious questions to answer following a decision to wind up the Government’s flagship health savings provider HBL just a fortnight after giving it the green light to implement its plans, Labour’s Health spokesperson...
    Labour
  • Prime Minister’s warped view of history
    Students who sat NCEA level 3 history exams last week might be very worried to hear the Prime Minister tell a Radio Station that New Zealand was one of the few countries that was settled peacefully by Europeans. Those students who wrote...
    Greens
  • Prime Minister’s warped view of history
    Students who sat NCEA level 3 history exams last week might be very worried to hear the Prime Minister tell a Radio Station that New Zealand was one of the few countries that was settled peacefully by Europeans. Those students who wrote...
    Greens
  • Prime Minister’s warped view of history
    Students who sat NCEA level 3 history exams last week might be very worried to hear the Prime Minister tell a Radio Station that New Zealand was one of the few countries that was settled peacefully by Europeans. Those students who wrote...
    Greens
  • Climate of fear needs addressing
    It is hugely concerning that community and volunteer groups feel they are being gagged from speaking out against the Government, Labour’s Community and Voluntary Sector Spokesperson Louisa Wall says.  A Victoria University survey of 93 sector groups has found 50...
    Labour
  • Climate of fear needs addressing
    It is hugely concerning that community and volunteer groups feel they are being gagged from speaking out against the Government, Labour’s Community and Voluntary Sector Spokesperson Louisa Wall says.  A Victoria University survey of 93 sector groups has found 50...
    Labour
  • Mandatory code of conduct needed for supermarkets
    Labour has drafted legislation to establish a mandatory code of conduct for supermarkets to ensure New Zealand suppliers are not affected by anti-competitive behaviour. “Even though the Commerce Commission found no technical breaches of the law through some of Countdown’s...
    Labour
  • Mandatory code of conduct needed for supermarkets
    Labour has drafted legislation to establish a mandatory code of conduct for supermarkets to ensure New Zealand suppliers are not affected by anti-competitive behaviour. “Even though the Commerce Commission found no technical breaches of the law through some of Countdown’s...
    Labour
  • National softening public up for 7th successive deficit
    Finance Minister Bill English is softening the public up for an announcement that National is going to fail in even its very limited goal of achieving a budget surplus, the Green Party said today."No finance minister in a generation has...
    Greens
  • National softening public up for 7th successive deficit
    Finance Minister Bill English is softening the public up for an announcement that National is going to fail in even its very limited goal of achieving a budget surplus, the Green Party said today."No finance minister in a generation has...
    Greens
  • The Daily Blog Breakfast Club Ep 2.
    TDB Video: The Daily Blog Breakfast Club, Live from Verona Cafe on K-Rd, Auckland – a weekly current affairs show with TDB Editor Martyn Bradbury. This week Activist and blogger Jessie Hume and political commentator Keith Locke. This Week: Topic...
    The Daily Blog
  • When the teflon is stripped away…
    . . To re-cap something I wrote on 13 September, regarding a hard-hitting interview between “The Nation’s” Lisa Owen and John Key; For possibly the first time since Stephen Sackur interviewed Key on Hard Talk in May, 2011, this [...
    The Daily Blog
  • My Select Committee submission against the “terrorist fighters” bill
    This morning I gave this “oral submission” to the Foreign Affairs, Defence and Trade Committee opposing the Countering Terrorist Fighters Bill.  It is a pity only Greens are against the Bill. It’s a pleasure to be able to talk to...
    The Daily Blog
  • Pixies in the Garden? Making money
    In 2009, John Key said “there aren’t little pixies at the bottom of the garden printing cash” (John Armstrong, Colin Espiner). He was wrong of course. Just about every country has its own pixie-in-chief, though not at the bottom of the...
    The Daily Blog
  • AMNESTY INTERNATIONAL PRESS RELEASE – Government must allow further scrut...
    As the New Zealand government seeks to rush new through new anti-terror legislation, Amnesty International is raising grave concerns over the speed at which the Bill is being rushed through Parliament and is calling for an extension to the consultation...
    The Daily Blog
  • Tension inside the Blue Tent – questions that should be asked
    With Andrew Little on fire taking a straight shooting no crap approach to Key’s dead eyed duplicity, the tensions inside the Blue Tent of National are at risk of erupting again. When the TeamKey brand falters, National’s factions sharpen their knives....
    The Daily Blog
  • FiveAA Australia: Is NZ’s PM a Liar? + Kim Dotcom Says He’s Broke
    5AA’s Peter Godfrey and Selwyn Manning.In this week’s Across The Ditch bulletin on FiveAA.com.au Selwyn Manning and Peter Godfrey discuss how allegations of dirty politics continue to dog the Prime Minister John Key’s third term in government. Also, internet tycoon...
    The Daily Blog
  • Cam’s ‘Slightly Left of Centre’ sock puppet threatens Key in public
    What did Judith Collins say about payback? Looks like Slater has taken that lesson to heart as he uses his sock puppet over at Slightly Left of Centre to drop threats and hints that he has recorded conversations with Key that has...
    The Daily Blog
  • Justice System Changes Must Ensure No More Roastings In Court
    On Monday there was good news for rape survivors and this blog was supposed to be about the success of our advocacy, and it is about that success, but today’s events have brought into stark focus the real-world importance of...
    The Daily Blog
  • Jeremy Wells’ Mike Hosking rant on Radio Hauraki: Today, Key Post Electio...
    Jeremy Wells’ Mike Hosking rant on Radio Hauraki: Today, Key Post Election...
    The Daily Blog
  • Top 5 Texts from Cam to Key
    So Cam texted Key before the report came out despite Key claiming no contact? Top 5 Texts from Cam to Key 5 – I still have all the photos 4 – Yes my shapeshifting Lizard Master Overlord 3 – Max isn’t talking to...
    The Daily Blog
  • Hold on – did NZ just have a coup?
    Ummmmm. Wait a minute here. Just so that we all understand what’s been revealed. The Prime Minister’s Office used the Secret Intelligence Service to falsify classified information to smear the Leader of the Opposition via a far right hate blogger...
    The Daily Blog
  • Sue Bradford speaking tour
          With the generous support of the Hobgoblin Network and several other donors, I’m going to be speaking soon at four meetings around the country: ‘A major left wing think tank?  Is it time for a transformational left...
    The Daily Blog
  • Sue Bradford speaking tour
          With the generous support of the Hobgoblin Network and several other donors, I’m going to be speaking soon at four meetings around the country: ‘A major left wing think tank?  Is it time for a transformational left...
    The Daily Blog
  • Sue Bradford speaking tour
          With the generous support of the Hobgoblin Network and several other donors, I’m going to be speaking soon at four meetings around the country: ‘A major left wing think tank?  Is it time for a transformational left...
    The Daily Blog
  • Why Key must resign
    Remember when John Armstrong from the NZ Herald called for the resignation of David Cunliffe because Cunliffe couldn’t remember an 11 year old letter in reference to a $100 000 bottle of wine that never existed? Why isn’t the Herald now...
    The Daily Blog
  • Why Key must resign
    Remember when John Armstrong from the NZ Herald called for the resignation of David Cunliffe because Cunliffe couldn’t remember an 11 year old letter in reference to a $100 000 bottle of wine that never existed? Why isn’t the Herald now...
    The Daily Blog
  • Why Key must resign
    Remember when John Armstrong from the NZ Herald called for the resignation of David Cunliffe because Cunliffe couldn’t remember an 11 year old letter in reference to a $100 000 bottle of wine that never existed? Why isn’t the Herald now...
    The Daily Blog
  • Why the Judith Collins report is a whitewash
    “I am not a Monster”, hissed Judith Collins The report into Collins is a whitewash. The difference between an independent inquiry like the IGIS report that connected the PMs Office with using edited Secret Intelligence Service information to smear a...
    The Daily Blog
  • Why the Judith Collins report is a whitewash
    “I am not a Monster”, hissed Judith Collins The report into Collins is a whitewash. The difference between an independent inquiry like the IGIS report that connected the PMs Office with using edited Secret Intelligence Service information to smear a...
    The Daily Blog
  • Why the Judith Collins report is a whitewash
    “I am not a Monster”, hissed Judith Collins The report into Collins is a whitewash. The difference between an independent inquiry like the IGIS report that connected the PMs Office with using edited Secret Intelligence Service information to smear a...
    The Daily Blog
  • Seasons Greetings from Ferguson
    Seasons Greetings from Ferguson...
    The Daily Blog
  • Seasons Greetings from Ferguson
    Seasons Greetings from Ferguson...
    The Daily Blog
  • Seasons Greetings from Ferguson
    Seasons Greetings from Ferguson...
    The Daily Blog
  • Using State Spies to attack political opponents – why the SIS are gaining...
    National will only be able to get away with what is being revealed by the IGIS report into the Secret Intelligence Service if we, the people of NZ, let them. And. We. Should. Not. Let. Them. State spies editing intelligence to...
    The Daily Blog
  • Using State Spies to attack political opponents – why the SIS are gaining...
    National will only be able to get away with what is being revealed by the IGIS report into the Secret Intelligence Service if we, the people of NZ, let them. And. We. Should. Not. Let. Them. State spies editing intelligence to...
    The Daily Blog
  • Using State Spies to attack political opponents – why the SIS are gaining...
    National will only be able to get away with what is being revealed by the IGIS report into the Secret Intelligence Service if we, the people of NZ, let them. And. We. Should. Not. Let. Them. State spies editing intelligence to...
    The Daily Blog
  • Anti-Choice Myth-Busting
    Voice for Life issued a press release last week claiming that those of us campaigning for the decriminalisation of abortion in NZ are, among other things, using Nazi propaganda tactics (sigh…) to lie to you about the illegal status of abortion...
    The Daily Blog
  • Anti-Choice Myth-Busting
    Voice for Life issued a press release last week claiming that those of us campaigning for the decriminalisation of abortion in NZ are, among other things, using Nazi propaganda tactics (sigh…) to lie to you about the illegal status of abortion...
    The Daily Blog
  • Anti-Choice Myth-Busting
    Voice for Life issued a press release last week claiming that those of us campaigning for the decriminalisation of abortion in NZ are, among other things, using Nazi propaganda tactics (sigh…) to lie to you about the illegal status of abortion...
    The Daily Blog
  • Judith Collins – the Gift that keeps Giving to the Opposition?
    . . From a news report; Ms Collins resigned before the election after being accused of working with the Whale Oil blog after emails were released suggesting she was “gunning” for former director of the Serious Fraud Office, Adam Feeley,...
    The Daily Blog
  • Judith Collins – the Gift that keeps Giving to the Opposition?
    . . From a news report; Ms Collins resigned before the election after being accused of working with the Whale Oil blog after emails were released suggesting she was “gunning” for former director of the Serious Fraud Office, Adam Feeley,...
    The Daily Blog
  • Judith Collins – the Gift that keeps Giving to the Opposition?
    . . From a news report; Ms Collins resigned before the election after being accused of working with the Whale Oil blog after emails were released suggesting she was “gunning” for former director of the Serious Fraud Office, Adam Feeley,...
    The Daily Blog
  • Annette King? Annette King?? Surely not Annette King!
    I’m not often surprised at the goings on in the Labour Party but I was gobsmacked to see Andrew Little has appointed Annette King as Deputy Leader of the parliamentary Labour Party. I had idly assumed the role would go to Adhern...
    The Daily Blog
  • Annette King? Annette King?? Surely not Annette King!
    I’m not often surprised at the goings on in the Labour Party but I was gobsmacked to see Andrew Little has appointed Annette King as Deputy Leader of the parliamentary Labour Party. I had idly assumed the role would go to Adhern...
    The Daily Blog
  • Annette King? Annette King?? Surely not Annette King!
    I’m not often surprised at the goings on in the Labour Party but I was gobsmacked to see Andrew Little has appointed Annette King as Deputy Leader of the parliamentary Labour Party. I had idly assumed the role would go to Adhern...
    The Daily Blog
  • New Shadow Cabinet – Little does more in 6 days than Goff, Shearer & ...
    New Zealanders do not respect intelligence, they respect confidence. Cunliffe beat Key in the debates, but it didn’t matter because NZers don’t respect the debate, they respect the tone. Our anti-intellecuatlism runs deeper than most with our reverse-egalitarianism. The chip...
    The Daily Blog
  • New Shadow Cabinet – Little does more in 6 days than Goff, Shearer & ...
    New Zealanders do not respect intelligence, they respect confidence. Cunliffe beat Key in the debates, but it didn’t matter because NZers don’t respect the debate, they respect the tone. Our anti-intellecuatlism runs deeper than most with our reverse-egalitarianism. The chip...
    The Daily Blog
  • New Shadow Cabinet – Little does more in 6 days than Goff, Shearer & ...
    New Zealanders do not respect intelligence, they respect confidence. Cunliffe beat Key in the debates, but it didn’t matter because NZers don’t respect the debate, they respect the tone. Our anti-intellecuatlism runs deeper than most with our reverse-egalitarianism. The chip...
    The Daily Blog
  • This weeks Waatea news column – The myths white people tell themselves
      This weeks Waatea news column – The myths white people tell themselves...
    The Daily Blog
  • This weeks Waatea news column – The myths white people tell themselves
      This weeks Waatea news column – The myths white people tell themselves...
    The Daily Blog
  • This weeks Waatea news column – The myths white people tell themselves
      This weeks Waatea news column – The myths white people tell themselves...
    The Daily Blog
  • The irony of backlash to petrol stations charging workers for stolen petrol
    You have to laugh at NZers sometimes. you really do. The outrage that has been sparked by news that workers at petrol stations are charged for stolen petrol is one of those perfect examples of a delicious irony most NZers...
    The Daily Blog
  • The irony of backlash to petrol stations charging workers for stolen petrol
    You have to laugh at NZers sometimes. you really do. The outrage that has been sparked by news that workers at petrol stations are charged for stolen petrol is one of those perfect examples of a delicious irony most NZers...
    The Daily Blog
  • The irony of backlash to petrol stations charging workers for stolen petrol
    You have to laugh at NZers sometimes. you really do. The outrage that has been sparked by news that workers at petrol stations are charged for stolen petrol is one of those perfect examples of a delicious irony most NZers...
    The Daily Blog
  • A Dishonest “Countering Terrorist Fighters Bill”
    Wouldn’t you think a Countering Terrorist Fighters Bill would actually mention “terrorist fighters” in its text? The Bill, as released yesterday, does not. It’s simply another generalised counter-terrorism exercise giving extra surveillance powers to the Security Intelligence Service and enabling...
    The Daily Blog
  • A Dishonest “Countering Terrorist Fighters Bill”
    Wouldn’t you think a Countering Terrorist Fighters Bill would actually mention “terrorist fighters” in its text? The Bill, as released yesterday, does not. It’s simply another generalised counter-terrorism exercise giving extra surveillance powers to the Security Intelligence Service and enabling...
    The Daily Blog
  • A Dishonest “Countering Terrorist Fighters Bill”
    Wouldn’t you think a Countering Terrorist Fighters Bill would actually mention “terrorist fighters” in its text? The Bill, as released yesterday, does not. It’s simply another generalised counter-terrorism exercise giving extra surveillance powers to the Security Intelligence Service and enabling...
    The Daily Blog
  • How biased are the media? A Patrick Gower case study
    . . . Isn’t it interesting that Patrick Gower – who made his partisan feelings crystal clear on Twitter on 29 May with this extraordinary outburst;  “Lalia Harré – you make me feel sick by how you are rorting MMP...
    The Daily Blog
  • How biased are the media? A Patrick Gower case study
    . . . Isn’t it interesting that Patrick Gower – who made his partisan feelings crystal clear on Twitter on 29 May with this extraordinary outburst;  “Lalia Harré – you make me feel sick by how you are rorting MMP...
    The Daily Blog
  • Q + A 30/11/14: Spying, Family Violence, Texts
    We'll debate why the State needs new powers to spy on Kiwis and the controversial laws that are being rushed through Parliament....
    Scoop politics
  • Arrival of Phillip Smith in New Zealand
    On arrival with his police escort at Auckland Airport tomorrow morning Phillip Smith will be met by other police staff and complete customs and immigration formalities....
    Scoop politics
  • UNICEF Calls on NZ Youth to Apply for Youth Ambassador Roles
    UNICEF NZ Calls on NZ Youth to Apply for Youth Ambassador Roles UNICEF NZ has once again launched its nationwide search for six new Youth Ambassadors and is calling on enthusiastic young people to apply before Friday, 12 December 2014....
    Scoop politics
  • Kiwifruit Claim Filed in High Court in Wellington
    The Kiwifruit Claim’s statement of claim has been filed in the High Court in Wellington this afternoon....
    Scoop politics
  • Judgment: John Banks Dotcom Donation Appeal
    A The application to adduce the evidence of Messrs Schaeffer and Karnes is granted. B The application to adduce evidence of Mr Dotcom’s driving conviction is declined. C The appeal is allowed. D The conviction is set aside and a...
    Scoop politics
  • Doctors support call for independent health assessment
    Senior doctors and dentists are formally throwing their weight behind growing calls for a formal independent health assessment of the Trans Pacific Partnership Agreement (TPPA). A recommendation about the TPPA was put to 134 public hospital specialists...
    Scoop politics
  • Korero Mai Ki Ahau: Saturday 29 & Sunday 30 November 2014
    Broadcast on Waatea 603AM Saturday 12.00 - 12.30pm Sunday 12.00 - 12.30pm Both shows repeated 5.00pm – 6.00pm On Sunday Saturday 29 November 2014 | The new Minister for Maori Development is taking a fresh look at the Te Reo...
    Scoop politics
  • Anti-speeding campaign based on phony science
    Ticketing ordinary motorists will have no effect on the groups who cause most road deaths, says the car review website dogandlemon.com ....
    Scoop politics
  • Human Rights lawyers’ concerns over Terrorist Fighters Bill
    The Countering Terrorist Fighters Legislation Bill will dramatically erode human rights and civil liberties if passed in its current form, said the Human Rights Lawyer’s Association Aotearoa New Zealand (HRLA)....
    Scoop politics
  • Privacy Commissioner’s naming policy
    Following a period of public consultation, the Privacy Commissioner is implementing a new policy on naming agencies that are in breach of the Privacy Act. The change takes effect on 1 December 2014....
    Scoop politics
  • Need for whole-of-government approach to family violence
    The Public Service Association (PSA) says The People’s Blueprint report by the Glenn Inquiry makes a strong case for a whole-of-government approach to combatting family violence, and highlights some of the ways we could do things better....
    Scoop politics
  • Stop Fracking in Our Big Blue Backyard – Frack Free Kapiti
    Evidence given at the EPA hearing of hydraulic fracturing (fracking) at sea blows the industry accepted line that fracking is not happening offshore in New Zealand right out of the water....
    Scoop politics
  • Solidarity with West Papua on 1 December
    Below are the details of the solidarity events in Aotearoa New Zealand to mark West Papua Independence Day, 1 December - there are four events this year: one in Christchurch, one in Wellington and two in Auckland. If you are...
    Scoop politics
  • No charges laid over piggeries investigations
    No charges laid over piggeries investigations 28 November 2014 The Ministry for Primary Industries did not have sufficient evidence to lay charges following two animal welfare investigations into incidents at piggeries earlier this year. The investigations...
    Scoop politics
  • Deep Sea Drilling in Rising Seas
    The Parliamentary Commissioner for the Environment's report on the effects of rising sea levels and climate change adds another argument against this Government's expansion of fossil fuel exploration....
    Scoop politics
  • Slower population growth in the long term
    New Zealand's population will likely grow by 1.4–1.8 percent a year during 2014–16, but growth will be lower in the long term, Statistics New Zealand said today....
    Scoop politics
  • Big Buddy on the Glenn Inquiry People’s Blueprint
    November 28, 2014 The inclusion of robust screening as a tool to prevent child abuse, highlighted in the Glenn Inquiry’s People’s Blueprint, is welcomed by Big Buddy CEO Richard Aston. “It’s heartening to see this high-calibre report come out...
    Scoop politics
  • People’s Blueprint for tackling Family Violence
    The recently Dunedin Collaboration Against Family Violence (DCAFV) is pleased to support the fundamental changes in the way our legal system deals with family violence that the report calls for. We need to do more to support victims, and ensure...
    Scoop politics
  • People’s Blueprint – Both Good News and a Wake-Up Call
    The Patron of the Glenn Inquiry, Dame Catherine Tizard, says there is some good news in The People’s Blueprint, after the shocking picture painted six months ago in The People’s Report....
    Scoop politics
  • Glenn Inquiry Funder Keeps His Promise
    The founder and funder of the Glenn Inquiry, Sir Owen Glenn, said today he has kept the promise he made when he set up the independent inquiry in 2012. “I set up the Glenn Inquiry because it was clear to...
    Scoop politics
  • Support for Blue Print call for a stand-alone agency
    Human Rights Commissioner lead on family violence, Dr Jackie Blue welcomes the Glenn Inquiry, ‘The People’s Blue Print’, which places at its heart that being safe and free from violence is a fundamental human right....
    Scoop politics
  • People’s Blueprint Offers Solutions to Family Violence
    New Zealand has a fresh opportunity to reduce child abuse and family violence and save and restore lives under a powerful new model for combating the problem proposed by the Glenn Inquiry....
    Scoop politics
  • Submission: Countering Terrorist Fighters Legislation Bill
    My three key areas of concern relate to: • The duration of visual surveillance warrants; • The controls around warrantless surveillance powers; • Clarifying the continuation of controls around access to Passenger Name Record (PNR) data under...
    Scoop politics
  • The case is clear for climate action that supports health
    The need for rapid action on climate change in New Zealand in order to protect health is clear, according to a group of climate and health experts. Countries elsewhere in the world are already taking significant action, while New Zealand...
    Scoop politics
  • EDUCANZ Debate Ignores Teachers
    The legislation for the creation of the new EDUCANZ to replace the former Teachers’ Council body is now undergoing its second reading. Without warning, it was promoted to the top the queue this week....
    Scoop politics
  • Phillip Smith en-route back to New Zealand.
    Police confirm that Phillip Smith has been deported from Brazil and is en-route back to New Zealand....
    Scoop politics
  • Scaremongering and Showing Contempt for Democracy
    The government has been accused of fabricating an increased risk to New Zealand security to justify new invasive powers in the Countering Terrorist Fighters Legislation Bill. And its decision to allow just 48 hours for public submissions on the Bill...
    Scoop politics
  • Legislation “a travesty of democratic process”
    Peace Movement Aotearoa today called on the government to put the Countering Terrorist Fighters Legislation Bill on hold - pending a comprehensive review of existing legislation - in a written submission to the Foreign Affairs, Defence and Trade Select Committee,...
    Scoop politics
  • Bill needs amending to better protect human rights
    The Human Rights Commission submission to the Foreign Affairs, Defence and Trade Committee this afternoon on the Countering Terrorist Fighters Bill makes specific recommendations relating to passport denial; increasing safeguards around visual...
    Scoop politics
  • NZ’s gender equality issues in international forum
    New Zealand faces similar gender equality issues and opportunities to those of its neighbouring countries, according to the latest international conference on women’s empowerment....
    Scoop politics
  • Countering human trafficking is an ongoing challenge for NZ
    At first glance, it is difficult to believe that human trafficking is an offence that is taking place in New Zealand. It is a harsh reminder that the rule of law sometimes does not reach far enough....
    Scoop politics
  • Government must allow further scrutiny of bill
    As the New Zealand government seeks to rush new through new anti-terror legislation, Amnesty International is raising grave concerns over the speed at which the Bill is being rushed through Parliament and is calling for an extension to the consultation...
    Scoop politics
  • Calling on anti-violence activists to step up
    Māori Party co-leaders believe every individual, whānau, hapū and iwi can help stop the high level of family violence that exists in our country....
    Scoop politics
  • More effective social services inquiry update Nov 2014
    The Productivity Commission’s More effective social services inquiry aims to shed light on how commissioning and contracting influence the quality and effectiveness of social services, and to suggest actions government agencies and others could take...
    Scoop politics
  • Keith Locke presentation on Countering Foreign Fighters Bill
    It’s a pleasure to be able to talk to members of Foreign Affairs, Defence and Trade Select Committee again, and remember my 12 years on your committee. However, I don’t wish my submission today to be taken as endorsement of...
    Scoop politics
  • Significant issues for NZ in sea level rise report
    Local Government New Zealand (LGNZ) has recognised findings of Parliamentary Commissioner for the Environment Dr Jan Wright’s report released today on the impact of rising seas as significant for coastal areas of New Zealand, aligning well with work the...
    Scoop politics
  • White Ribbon Campaign Shocked at Fatal Stabbing
    The White Ribbon Campaign extends its condolences to the family of a women fatally stabbed in Auckland's North Shore....
    Scoop politics
  • One Plan signing is “historic moment” for the environment
    The signing of the Horizon Regional Council’s One Plan after a decade of debate, legal action and controversy is being hailed by Fish & Game as a landmark in the battle to protect the nation’s water quality. Horizons councillors approved...
    Scoop politics
  • Look at the Road, Not the Speedo
    Responding to the Fairfax article that police will be issuing tickets over the summer to anyone driving 1km/h or more over the speed limit, Taxpayers’ Union Executive Director Jordan Williams says:...
    Scoop politics
  • Worker immunity critical to safety in Meat Industry
    The Meat Workers Union has today urged the Select Committee hearing submissions on the Health & Safety Reform bill to strengthen provisions that protect the rights of workers to be involved and speak out, saying that it’s becoming increasingly...
    Scoop politics
  • PCE report brings home impacts of climate change
    Youth climate organisation Generation Zero has welcomed the Parliamentary Commissioner for the Environment's ' Changing Climate and Rising Seas ' report and says it demonstrates climate change will affect all of us....
    Scoop politics
  • Law Society urges reduction of terrorist fighter bill powers
    The New Zealand Law Society says powers proposed in the Countering Terrorist Fighters Legislation Bill should be reduced to ensure they are strictly limited to countering the threats that have arisen....
    Scoop politics
  • Sea level rise won’t only affect infrastructure
    The independent conservation organisation Forest & Bird is asking the Parliamentary Commissioner for the Environment (PCE) to widen the focus of her next report on climate change-driven sea level rise....
    Scoop politics
  • Changing climate and rising seas: Understanding the science
    During my seven years as Commissioner, I have consistently said that climate change is the biggest environmental issue we face. This investigation has provided an opportunity to develop a deeper understanding of what is causing climate change and one of...
    Scoop politics
  • Council refuses to take part in farcical submissions process
    The New Zealand Council for Civil Liberties refuses to take part in the submissions process around the Countering Terrorist Fighters Legislation Bill....
    Scoop politics
  • Laws of War to Be Debated at Wellington Event
    The political and human consequences of war and civil unrest are widely covered in themedia but International Humanitarian Law (IHL), the body of law which exists to protect all parties to armed conflict, rarely gets attention....
    Scoop politics
  • Forum Compact Development Partner Peer Review of New Zealand
    Following the completion of the first leg of the review of New Zealand’s development cooperation in the Pacific, the Forum Compact Review Team is now visiting Kiribati to assess the effectiveness of New Zealand’s assistance in the small island developing...
    Scoop politics
  • YWCA Auckland award for long-time women’s role model
    New Zealand’s first female Governor General and Mayor of Auckland has been granted a Lifetime Achievement Award by YWCA Auckland, for her services to the Auckland community and acting as a role model for Kiwi women nationwide....
    Scoop politics
  • Government Urged Not To Miss Cosmetics Win For Animals
    Animal advocacy organisation SAFE is urging the Government not to let animals down and vote for an amendment to the Animal Welfare Bill. The amendment would ban cosmetics testing on animals forever. The Bill had it’s second reading in Parliament...
    Scoop politics
  • Police pursuit results in serious injury of innocent man
    A report released today by the Independent Police Conduct Authority has found Police failed to comply with policy during a pursuit in Auckland in 2013 which left an innocent man with serious injuries....
    Scoop politics
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