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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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    Labour | 28-08
  • Better protection, fairer deal for Kiwi consumers
    Tackling excessive prices, ensuring consumers have enough information to make ethical choices and giving the Commerce Commission more teeth are highlights of Labour’s Consumer Rights policy. “The rising cost of living is a concern for thousands of Kiwi families. A...
    Labour | 28-08
  • Media Advisory – MANA Movement Candidate for Waiariki Annette Sykes, Waia...
    Media are advised that this coming weekend, the MANA Movement Candidate for Waiariki, Annette Sykes, will be on the Internet MANA Road Trip within the electorate of Waiariki. Speakers confirmed are Annette Sykes, Hone Harawira, John Minto, Laila Harre and Kim...
    Mana | 27-08
  • Internet MANA – Waiariki Road Trip: 29, 30, 31 Aug 2014
    The Internet MANA Road Trip hits Waiariki this weekend. It would be great if all MANA members in Waiariki could especially attend the public meetings and show their support for our Waiariki candidate Annette Sykes. Confirmed speakers Hone Harawira (except Taupo), Annette...
    Mana | 27-08
  • First home buyers $200 a week better off with Labour
    A couple earning around $75,000 a year would be $200 a week better off buying a two bedroom terraced Labour KiwiBuild home instead of an equivalent new build under National’s housing policy, says Labour Leader David Cunliffe.  “National’s policy to...
    Labour | 26-08
  • Another Day – Another big power profit
    The latest profit announcement from Genesis Energy shows that the power company was sold for a song to the detriment of the country’s power consumers, says Labour’s Energy spokesperson David Shearer. “A net profit of $ 49.2 million follows hard...
    Labour | 26-08
  • Labour embraces the rainbow
    Labour will work hard to ensure all New Zealanders enjoy the freedom to grow up and live their lives in dignity and security. Labour’s Rainbow policy, released tonight in Wellington, focuses on International Relations, Human Rights and Education....
    Labour | 26-08
  • National gets fast and loose with the facts
    In their desperation to make it look as though they are doing something about the housing crisis, National is playing fast and loose with the facts, says Labour’s housing spokesperson Phil Twyford....
    Labour | 26-08
  • Labour will drop power prices for Kiwi families
    New Zealanders will get cheaper power prices under NZ Power, says Labour Leader David Cunliffe. “The electricity market is clearly broken. With falling demand for electricity, prices should be going down. Instead prices are going up and companies are extracting...
    Labour | 26-08
  • Labour: Promoting sustainable tourism
    Ensuring New Zealand’s clean, green status continues to be an international tourism benchmark and reviewing MBIE’s oversight of the tourism sector will be on the radar under a Labour Government. Releasing Labour’s Tourism policy today, spokesperson Darien Fenton said tourism...
    Labour | 26-08
  • Skills shortage a result of National’s complacency
    The fact that there is still a severe shortage of skilled tradespeople, despite a growth in the number of apprentices, is a result of National’s failure to plan and develop the workforce, Grant Robertson, Labour Employment, Skills and TrainingSpokesperson says."The...
    Labour | 26-08
  • How much tax does John Key pay compared to a minimum wage worker?? – Mint...
    MANA Movement Economic Justice spokesperson John Minto is calling for a radical overhaul of New Zealand’s taxation system with calculations showing that a minimum wage worker pays a ten times higher tax rate than the Prime Minister. o Minimum wage...
    Mana | 25-08
  • Labour’s culture of science and innovation
    Labour will create a culture of science and innovation in New Zealand that will be the envy of the world, says Labour’s Innovation, Research and Development spokesperson Megan Woods. “Labour believes that good science lies at the heart of a...
    Labour | 25-08
  • Improving life for our new New Zealanders
    New Zealand’s international standing as a community that encourages and fosters all cultures will be bolstered under a Labour Government with an upgrade of the present Office of Ethnic Affairs to a Ministry. Releasing Labour’s Ethnic Affairs policy, spokesperson Phil...
    Labour | 25-08
  • South Auckland housing crisis
    National’s HomeStart package is nothing more than a political stunt designed to beguile South Auckland voters, said Labour’s Pacific Affairs spokesperson Su’a William Sio. “Few working Pasifika and Maori workers in South Auckland will be able to buy their own...
    Labour | 25-08
  • Home buyer subsidy discredited in Oz
    Treasury advised against National’s policy of ramping up home buyer subsidies after it was discredited in Australia because it pushed house prices even higher, Labour’s Housing spokesperson Phil Twyford says. “Documents released under the OIA (attached) show Treasury advised the...
    Labour | 25-08
  • Nursing hours explain turnover and high-stress culture
    A staff survey supports concerns nursing staff at Dunedin Hospital are under increasing pressure and that the emergency department is in a critical state, says Labour’s Associate Health Spokesperson David Clark.  “An ED nursing survey at Dunedin found that 80...
    Labour | 24-08
  • Underhand tactics prove case for axing donations
    Revelations that schools are using underhand tactics to coerce donations from cash-strapped parents further highlights the need for Labour's plan to increase funding so they aren't dependent on contributions from parents, Labour's Education spokesperson Chris Hipkins says. “By law New...
    Labour | 24-08
  • National applies band-aid to housing crisis
    The Government’s flagship housing announcement is a band-aid approach that will push up prices rather than solve the housing crisis, says Labour Leader David Cunliffe. “House sales to first home buyers have collapsed as a direct result of the Government’s...
    Labour | 24-08
  • Climate change focus on the now for the future
    A Labour Governmentwill put in place a comprehensive climate change strategy focusing on bothmitigation and adaptation, establish an independent Climate Commission andimplement carbon budgeting, says Labour Climate Change spokesperson MoanaMackey."This is about future-proofing our economy. Making the transition to alow-carbon...
    Labour | 24-08
  • Labour’s 21st century transport pledge
    The next Labour-led Government will create a 21st century transport system for New Zealand that promotes the most efficient and sustainable combination of transport options, says Labour’s Transport spokesperson Phil Twyford. “Labour will rebalance the Government's transport spending away from...
    Labour | 23-08
  • Housing under National: the facts
    1.       House prices in Auckland Council valuations indicate Auckland house prices have gone up by one-third over the last three years. (Auckland Council) The average Auckland house price has gone up by nearly $225,000 since 2008, up over $75,000 in...
    Labour | 23-08
  • Labour irons out low income tax issue
    The increasing casualisation of work has led to many New Zealand families being disadvantaged through the tax they pay, Labour Leader David Cunliffe says. "Many low paid workers are having to work two or three jobs to make ends meet...
    Labour | 22-08
  • Cornered Government comes out swinging
    The National Government is so desperate to keep its dead-in-the-water expert teachers policy alive, it has refused to rule out forcing schools to participate through legislation, Labour’s Education spokesperson Chris Hipkins says. “John Key today attacked the Educational Institute for...
    Labour | 22-08
  • Pacific people continue to go backwards under National
    A report from Victoria University highlights the fact that Pacific people are continuing to go backwards under a National Government, said Labour’s Pacific Affairs spokesperson Su’a William Sio.  “The report shows the largest inequality increases were in smoking, obesity, tertiary...
    Labour | 22-08
  • Wellington transport plan needs to keep moving
    The failure of the Transport Agency to properly look at alternatives to the Basin Reserve flyover is not a good reason for further delays to improving transport in Wellington, Labour MPs Grant Robertson and Annette King say. “The Board of...
    Labour | 22-08
  • Labour’s focus on inequality, kids and better job prospects
    Tackling child poverty and removing barriers to people working part time to enhance their prospects of moving into a fulltime job are highlights of Labour’s Social Development policy. Releasing the policy today, spokesperson Sue Moroney said while part-time work was...
    Labour | 21-08
  • Political staff should give answers under oath
    The Inspector General of Security and Intelligence should use her full statutory powers to question witnesses under oath about the leak of SIS information, says Labour MP Phil Goff. “Leakage of confidential information from the SIS for political purposes is...
    Labour | 21-08
  • High dollar, hands-off Govt sends workers to dole queue
    The loss of up to 100 jobs at Croxley stationery in Auckland is devastating news for their families and the local Avondale community, Labour’s Employment, Skills and Training spokesperson Grant Robertson says. “The company’s inability to compete in international markets...
    Labour | 21-08
  • National’s flagship education policy dead in the water
    National’s plan to create executive principals and expert teachers is effectively dead in the water with news that 93 percent of primary teachers have no confidence in the scheme, Labour’s Education spokesperson Chris Hipkins says. “The fact that teachers are...
    Labour | 21-08
  • Dunedin will be a knowledge and innovation centre under Labour
    Dunedin will become a knowledge and innovation centre under a Labour Government that will back local businesses, support technology initiatives and fund dynamic regional projects, Labour Leader David Cunliffe says. “Nowhere has the National Government’s short-sightedness been more apparently than...
    Labour | 21-08
  • Want to lift voter participation? #futurevoter selfie this election with yo...
    As the importance of democratic engagement starts making its presence felt in the wake of the lowest voter turn out in a century, it’s time to make universal suffrage a goal again. One step towards that is nurturing the future...
    The Daily Blog | 02-09
  • A brief word on hacked celebrity naked pictures
    Of  all the inane bullshit I’ve heard in my life, the one currently saying ‘if you take naked pictures of yourself you should expect them to be seen by everyone’ is possibly the dumbest. Deleted intimate images people take in the...
    The Daily Blog | 02-09
  • The Daily Blog 2014 progressive voter guide – who to vote for to change ...
    If you want to know how to vote in a way to change this Government,  here is the electorate by electorate guide on how to strategically vote to kick National out of office. There are two votes. Electorate vote and Party...
    The Daily Blog | 02-09
  • Are Cameron Slater and Judiith Collins bare-faced liars?
    . . Are Cameron Slater and Judith Collins both bare-faced liars? Both of them. Liars? Here is why I ask… In the latest revelations, information disclosed by Rawshark/Whaledump to the NZ Herald alleges in further leaked sensitive information from  ...
    The Daily Blog | 02-09
  • What has surprised me most about the Ashburton WINZ shootings
    The terrible deaths at a WINZ office in Ashburton took us all by surprise. Staunch poverty campaigner Sue Bradford commented before the deaths were known and was attacked by waves of twitterarti who knew best. Sue apologised but her wider...
    The Daily Blog | 02-09
  • GUEST BLOG: Kiri Hannifin  – Make domestic violence an election issue
    Violence against women and children continues to be a profound issue in this country.  Despite the stellar efforts of thousands of grass roots workers to support victims of violence every day, we cannot seem to stem the tide. The past...
    The Daily Blog | 02-09
  • Factchecking Key’s Leaders debate claims
    There were so many questionable facts Key threw at Cunliffe in last nights debate that I emailed a few contacts to ask if they were true. Here is the very long list of things Key said that simply were not...
    The Daily Blog | 02-09
  • August Blog stats – TDB closing in on Kiwiblog – our final election con...
    The August blog stats are in, and The Daily Blog retains our position as the largest left wing blog in NZ with 416 374 visits last month and 667 411. Kiwi Blog who has been operating for a decade with...
    The Daily Blog | 02-09
  • GUEST BLOG: Curwen Rolinson – New Zealand First: Coalition of the Willing...
    There is, right now, an absolute metric truck-tonne of misinformation, lies, and willful distortion flying about on social media, in the blogosphere and even in the media and corridors of power about New Zealand First’s coalition position. Some of this...
    The Daily Blog | 02-09
  • Jeremy Wells’ Mike Hosking rant on Radio Hauraki: Today, Judith Collins i...
    Jeremy Wells’ Mike Hosking on Radio Hauraki...
    The Daily Blog | 02-09
  • The Press Leaders Debate – proof a newspaper can kill the internet
    No more beersies for you Mr Key. Seriously – was the Prime Minister drunk during this debate? I am so sickened by what passed as a Leaders debate, I will make this review short and vicious. Everyone involved in putting...
    The Daily Blog | 02-09
  • Voting starts tomorrow!
    On the telly, in the papers, on the Net, billboards on almost every street corner – it’s hard to miss the fact that there’s an election coming up. Everyone’s trying to win your vote on Election Day, September 20, (this...
    The Daily Blog | 02-09
  • Collins inquiry a whitewash before it has even started
    The farce whitewash that Key is trying to push through here for the inquiry into Judith Collins role in a hit on the SFO should enrage any NZer, regardless of how they vote. Whaleoil won’t be forced to appear, it’s...
    The Daily Blog | 02-09
  • Press Leaders Debate – Round 2 – 7pm tonight
    This debate is live in a Town Hall, Key has done well at these in the past, but since the hate politics exposed in Dirty Politics, expect real fury directed at Key. My guess is that Key will attempt to use whatever he...
    The Daily Blog | 02-09
  • MANA hit speed wobbles – why Annette Sykes will win Waiariki
    MANA are my favourites. But of late, their transition from crawling to sprinting has hit some speed wobbles. Hone’s and Pam’s aggressive attitude towards the media recently is very understandable in light of how connected many of the media were to...
    The Daily Blog | 02-09
  • Soz Cam – PaknSave boycott of whaleoil continues – time to start a boyc...
    Cam is so carcinogenic now, not even his mates in the Tobacco Industry are talking to him any longer. I suspect only the Israeli Defence Force propaganda department are paying for content on whaleoil now. Cam says that PaknSave have dropped their problems...
    The Daily Blog | 02-09
  • The Rock Fuels NZ Roastbuster Rape Culture
    This is making me feel pretty uncomfortable. Here we have an instance of Jono and Ben posing like “exposed celebrities”. But do you know what I’m seeing? I’m seeing two dudes who basically “roasted” a woman online (exposed pictures of...
    The Daily Blog | 02-09
  • GUEST BLOG: Kate Davis – Why beneficiaries need advocacy
    There are times when I am wrong. I was wrong recently when someone suggested to me that AAAP should be eligible for government funding to continues its advocacy work. That was before. Before dealing with advocacy on a weekly basis...
    The Daily Blog | 01-09
  • TheDailyBlog September Political Poll Has Been Kicked Off
    The Daily Blog’s August poll has concluded and the September poll has been kicked off, asking readers: What party will you likely vote for at this year’s General Election? You will see this month’s poll in the right-hand sidebar of...
    The Daily Blog | 01-09
  • GUEST BLOG: Kelly Ellis – Jamie Whyte, leave that poor seal alone!
    Worse than showing mere lip service to Rainbow inclusion, ACT leader Jamie Whyte showed stunning arrogance when appeared at a candidates debate on rainbow issues hosted by the Auckland University Students’ Association last Thursday. The stunning hypocrisy was evident as...
    The Daily Blog | 01-09
  • Right wing can’t help but use scum
    Some people have been shocked that the traditional right wing party in New Zealand politics is so deeply embedded with scum like the blogger Whale Oil. We need not be so surprised. It takes a certain type to support the...
    The Daily Blog | 01-09
  • EXCLUSIVE: National’s Ohariu candidate admits contact by Simon Lusk
    . . Wellington, NZ, 31  August – At a meet-the-candidates public meeting in the Rongotai Electorate, National’s Ohariu candidate, Brett Hudson, confirmed that he had been approached by “a mate”, who passed on a message from  National Party operative, Simon...
    The Daily Blog | 01-09
  • Coalition for Better Broadcasting – Auckland Broadcasting Debate 2014
    Coalition for Better Broadcasting – Auckland Broadcasting Debate 2014...
    The Daily Blog | 01-09
  • Petition for Governor General of New Zealand to Investigate all the allegat...
      Now we see the inquiry will be a whitewash, that is secret, won’t be consulted with the Opposition, will have limited scope and will ignore Nicky Hager’s book, we must demand the Governor General step in and demand an...
    The Daily Blog | 01-09
  • Ashburton, 1 September 2014
    I NEVER WENT BACK to Aramoana after the killing. I had been a frequent visitor to the tiny seaside village back in the late 1970s and throughout the 80s. Its tall cliffs and broad beaches providing a colourful backdrop to...
    The Daily Blog | 01-09
  • Checkmate in 1 move – how could Slater have known what was in OIA request...
    And now we get down to the final few moves before checkmate. If the following investigation is right, how could Slater and Collins have known what was in the Secret Intelligence Service Official Information Act request that hadn’t been released...
    The Daily Blog | 01-09
  • The Edge Posts Naked Photos Of Jennifer Lawrence Without Consent
    Today the Edge website – owned by Media Works – published fully naked photographs of Jennifer Lawrence without her consent. It is not OK to publish naked media of any woman without her consent, full stop. It is absolutely disgusting...
    The Daily Blog | 01-09
  • Bomber, Laila and Maggie – a highlight from Auckland Broadcasting Debate ...
    Bomber, Laila and Maggie – a highlight from Auckland Broadcasting Debate 2014...
    The Daily Blog | 01-09
  • Jeremy Wells’ Mike Hosking rant on Radio Hauraki: Today, how good was I i...
    Jeremy Wells’ Mike Hosking on Radio Hauraki...
    The Daily Blog | 31-08
  • Maggie Barry slags Laila Harre & blogger, audience erupt
    The Coalition for Better Broadcasting held their public meeting in Auckland last night and it became a fiery shouting match when Maggie Barry decided to slag Laila Harre and me off. 250 people packed into the Pioneer Hall off High...
    The Daily Blog | 31-08
  • It has to be a full independent public inquiry and Key MUST front
      You know things are bad when images like this start appearing in the media.  It isn’t a ‘left wing conspiracy’ to point out the over whelming evidence of what is clearly a right wing conspiracy! If it looks like a conspiracy, sounds like a conspiracy...
    The Daily Blog | 31-08
  • Political Party social media stats – National playing Dirty Politics on s...
    Interesting data from friend of the blog, Marty Stewart, on social media likes and it shows an interesting question that post Dirty Politics should probably get asked…   …it’s interesting that Key has so many personal followers.  One wonders if...
    The Daily Blog | 31-08
  • The depth of the National rot and the compliance of our news media
    I’m so tired. Aren’t you? I don’t want to read the news anymore. It’s awful and I feel ashamed of it. We live in a country that people all over the world would give an arm, a leg; their life...
    The Daily Blog | 31-08
  • Conservative Party candidate links smacking ban with suicide, sexually tran...
    If Chemtrails, faked moon landings and climate change denial weren’t enough, welcome to your new Minister for Spanking,  Edward Saafi... The anti-smacking law is to blame for youth suicide, youth prostitution and even sexually-transmitted infections, a leading Conservative party candidate...
    The Daily Blog | 31-08
  • A brief word on the canonisation of Matthew Hooton
    Before we all start the canonisation of Matthew Hooton, let’s consider some home truths here shall we? While the Wellington Ruminator Blog, the blog who was previously mates with Judith Collins, now seems to have a crush on Matthew Hooton… …I...
    The Daily Blog | 31-08
  • A brief word on undercover cops in bars
    Dunedin police booze operation labelled ‘creepy’ Undercover police officers drank in Dunedin bars as part of an operation targeting liquor licensing offences. While police said the inaugural operation was a success — with most bars found compliant — the Hospitality...
    The Daily Blog | 31-08
  • Judith Collins press conference
    Judith Collins press conference...
    The Daily Blog | 31-08
  • GUEST BLOG: Angry Lawyer – Collins, Odgers, Williams and legal ethics
    We deserve better lawyers than Judith Collins Three of the worst offenders exposed in Dirty Politics are lawyers: Judith Collins, Cathy Odgers, and Jordan Williams. What Nicky Hager exposed them doing would be out of line for anyone, but from...
    The Daily Blog | 31-08
  • GUEST BLOG: Pat O’Dea – Necessary Defence
    Increasingly climate change is becoming the main fracture line between political parties. Where political parties stand on climate change defines political parties and movements like no other issue. The Mana Movement like the Maori Party it sprang from, came out...
    The Daily Blog | 31-08
  • Why it is all over for John Key
    Image: Melanie D I’ve been confident that National will lose this election and that our focus should be on what a progressive Government needs to establish as its agenda in the first 100 days. Past that point, the establishment pushes back...
    The Daily Blog | 31-08
  • A brief word to everyone who voted National in 2011
    I received this interesting email from a National Party supporter today… …let me say this to anyone who voted National last election – you should be ashamed by what has been revealed and what your vote ended up enabling but...
    The Daily Blog | 31-08
  • EXCLUSIVE: Déjà Vu All Over Again: John Ansell confirms his participation...
      THE MAN BEHIND the Iwi-Kiwi billboards that very nearly won the 2005 election for Don Brash and the National Party has confirmed his involvement in businessman John Third’s and former Act MP Owen Jennings’ campaign to drive down the...
    The Daily Blog | 31-08
  • Public Broadcasting Auckland debate 6.30pm tonight now with Colin Craig &am...
    The Coalition for Better Broadcasting debate on public broadcasting happens tonight at 6.30pm in Auckland at the Pioneer Women’s Hall, High Street, Auckland City.  In the light of Dirty Politics and the manipulation of the media, public broadcasting is more important for...
    The Daily Blog | 30-08
  • Winners & Losers in Collins sacking plus what’s the latest on Slater...
      Make no mistake, there was no way this was a resignation, it’s a face saving way out for Collins, she was sacked.  My understanding is that National internal polls are haemorrhaging and that the powers that be within National...
    The Daily Blog | 30-08
  • Third party propaganda attacks incoming Labour-led government
    . . Further to a report by Daily Blogger, Chris Trotter, on receiving information regarding planned attack-billboards, the following billboard is highly visible to traffic on the southbound lane of the Wellington motorway, just prior to the Murphy St turn-off....
    The Daily Blog | 30-08
  • Labour wins the Internet
    I’m sure I’m not the only one who tried to vote online for the leaders debate and couldn’t because the website was down. The next option was the txt vote, 75c a pop of course. So I’m not surprised that...
    The Daily Blog | 30-08
  • GUEST BLOG: Anjum Rahman – Rotherham and the need to challenge willful bl...
    I haven’t been following the events in Rotterham too closely.  I’ve read about the basic issues and the culture of silence that stopped action been taken even after complaints were made.  That culture of silence is incredibly familiar, and described...
    The Daily Blog | 30-08
  • Review: Hairspray
      Oh Hairspray! What fun! Somehow I managed to miss the movie when it came out, I had no idea really what it was about though I felt it had a vague relation to High School Musical. In retrospect, that...
    The Daily Blog | 30-08
  • Mounting global pressure against Timor-Leste’s ‘death sentence’ media...
    East Timor’s José Belo … courageous fight against ‘unconstitutional’ media law.Image: © Ted McDonnell 2014 CAFÉ PACIFIC and the Pacific Media Centre Online posted challenges to the controversial ‘press law’ nine months ago when it emerged how dangerous this draft...
    The Daily Blog | 30-08
  • GUEST BLOG: Curwen Rolinson – Spies, Lies and When Campaigns Are Fried
    Like most of the rest of the nation’s political classes, I was eagerly affixed to TV One from 12:30 on Saturday afternoon to witness the downfall of Judith Collins.Whenever we witness the crumbling of a titan of the political landscape...
    The Daily Blog | 30-08
  • New Doco on Māori Television Examines Social Housing
    A new documentary to air on Māori Television in the lead-up to the election will address the reality of low income housing in this country in a climate of state gentrification and privatisation. WHARE TAPA WHĀ , (loosely translated as...
    Scoop politics | 03-09
  • Thames WINZ arrest should serve as warning to others
    Waikato Police say the charging of a man following an incident in the Thames Work and Income office today should serve as a warning to others that unacceptable behaviour cannot, and will not be tolerated....
    Scoop politics | 03-09
  • Secretary-General’s lecture at the University of Auckland
    I again thank this University of Auckland for bestowing on me an honourary degree in recognition of the enduring value of the United Nations....
    Scoop politics | 03-09
  • New Zealand First is just too expensive
    “The independent Taxpayers Union now estimates that Winston Peters has made more spending promises than Labour and the Greens combined”, said Dr Whyte, ACT’s Leader....
    Scoop politics | 03-09
  • Adequate family incomes essential to reduce child poverty
    Child Poverty Action Group says making sure families have enough money to care for their children is a fundamental part of the solution to child poverty....
    Scoop politics | 03-09
  • Doesn’t Your Dad Goat Enough?
    A challenge that most Kiwis can relate to in the weeks leading up to father’s day: How do we honour the great men in our life in a meaningful way?...
    Scoop politics | 03-09
  • At the end of their tether!
    Many in New Zealand will have seen the sight of a lone goat chained on a roadside verge on their travels . Given the job of "lawnmower" these gregarious, highly social, intelligent animals endure a miserable existence denied their most...
    Scoop politics | 03-09
  • NZratifies new treaty to control the $85bn global arms trade
    New Zealand ratifies new treaty to control the $85bn global arms trade for the first time ever...
    Scoop politics | 03-09
  • Threats against Work and Income staff a disgrace
    The Public Service Association (PSA) says the continuing threats against Work and Income staff in the wake of the Ashburton shootings are a disgrace, and must end....
    Scoop politics | 03-09
  • Greens will put tens of thousands out of work
    "The $18 minimum wage championed by the Greens will throw tens of thousands of low skilled New Zealanders out of a job and condemn them to a life on the benefit. At no point do the Greens discuss the employment...
    Scoop politics | 02-09
  • PGA: Welcomes NZ’s ratification of Arms Trade Treaty
    President of Parliamentarians for Global Action and New Zealand MP Ross Robertson today welcomed the news that the New Zealand Government has ratified the Arms Trade Treaty (ATT) at the United Nations in New York....
    Scoop politics | 02-09
  • Forest & Bird releases top priorities for new government
    Independent conservation organisation Forest & Bird is calling for all political parties to adopt policies to bring about an economic transformation - for the sake of New Zealand and New Zealanders. The call comes as part of Forest & Bird’s...
    Scoop politics | 02-09
  • More good Questions for Mr. Cunliffe
    Exempting the family home from Capital Gains taxes is harder than it sounds. What if you charge one of the children board? What if it is one of the children’s friends? A boarder? Many South Auckland families share a house....
    Scoop politics | 02-09
  • Why are the Anglican Bishops silent in defending life?
    The Anglican Archbishops in Aotearoa New Zealand have identified four key challenges facing the country in the run-up to the General Election onSeptember 20. These issues are: • Child poverty • Income inequality • Lack of affordable and accessible...
    Scoop politics | 02-09
  • Encouraging the phenomenal growth in the Māori economy
    As the only independent Māori voice in Parliament, the Māori Party’s economic development policy is unashamedly focused on growing the Māori economy....
    Scoop politics | 02-09
  • Bottom line demands by minor parties destabilising
    "Bottom line demands by minor parties are destabilising and undemocratic" said Dr Jamie Whyte. "Colin Craig says referenda being binding is a bottom line and now Winston Peters says a Royal Commission is a bottom line. Polls say the vast...
    Scoop politics | 02-09
  • Victoria students lead youth engagement publication
    A group of Victoria University students are trying to reverse the trend of political disengagement by giving young people a voice....
    Scoop politics | 02-09
  • NZEI Te Riu Roa welcomes Green Party commitment to fairness
    NZEI Te Riu Roa has welcomed the Green Party's commitment to making work fairer and more equitable, saying it would also result in tangible benefits for children and their learning....
    Scoop politics | 02-09
  • MANA Movement says tax cut on GST must be first priority
    “If Prime Minister John Key has money available for tax cuts then cutting GST must be the first priority”, said MANA Movement Economic Justice Spokesperson John Minto. “GST is a nasty tax on low-income families”, said Minto. “People in...
    Scoop politics | 02-09
  • The Maori Party’s Mana-Enhancing Relationship with National
    MANA Movement candidate, John Minto 3 Wednesday September 2014 “First we had Cameron Slater and David Farrar backing Labour’s Kelvin Davis bid to unseat MANA Movement Leader and MP for Te Tai Tokerau Hone Harawira. Now we have Slater writing...
    Scoop politics | 02-09
  • Craig And Mcvicar Have Some Explaining to Do
    The Taxpayers’ Union is calling on Garth McVicar and the Conservative Party to explain how much the Party’s ‘tough on crime’ election slogan will cost. On Monday the Party was added to the Taxpayers’ Union Bribe-O-Meter , but the Conservative...
    Scoop politics | 02-09
  • Political parties to be questioned on needs of children
    Political party representatives will be asked to outline their policies in three key areas relating to the needs of children at a public forum being hosted this Friday by the University of Otago, Wellington (UOW). The event has been co-organised...
    Scoop politics | 02-09
  • Voting Period for 2014 General Election Begins Today
    The first votes for the 2014 general election will be cast today, Wednesday 3 September, as advance voting begins ahead of election day on Saturday 20 September. “Election day is September 20, but if you want, you can vote from...
    Scoop politics | 02-09
  • Independent Epsom Candidates ‘One Strike’ Crime Policy
    Best wishes to all of those who live in Epsom, Mount Eden, New Market, Remuera and of course the rest of New Zealand....
    Scoop politics | 02-09
  • Large majorities of NZ First voters would prefer Labour deal
    67% of those who voted for New Zealand First at the 2011 general election would prefer Labour to lead a coalition government if one is needed after September 20’s general election....
    Scoop politics | 02-09
  • Jointly owned urban development agency for Christchurch
    “Given the strategic importance of the Canterbury rebuild, it is logical that the transition from emergency governance arrangements is overseen by the Prime Minister’s office, but to maintain momentum in the city centre an expert development agency...
    Scoop politics | 02-09
  • Collins inquiry at best a Band-Aid, a permanent fix needed
    Collins inquiry at best a Band-Aid, a permanent fix is needed The Public Service Association (PSA) says the inquiry into Judith Collins’ behaviour must be accompanied by a process to restore the lost trust between Ministers and public servants if...
    Scoop politics | 02-09
  • Association welcomes new Chief Executive
    “The New Zealand Police Association is pleased to announce the appointment of Heather Verry to Chief Executive. Heather picks up the mantle from Chris Pentecost, who recently retired from this position,” Police Association President Greg O’Connor said...
    Scoop politics | 02-09
  • Young Voters Want Politicians to Grow Up
    Young voters want answers to the questions that directly affect them – but it seems as much as anything, they want politicians to grow up....
    Scoop politics | 02-09
  • Climate Voter election debate to get big audience
    Auckland, 2 September 2014 - Tickets to tomorrow night’s first-ever Climate Voter election debate have sold out but an online audience will also get to see the event live....
    Scoop politics | 02-09
  • The Edge show disregard for consent
    The Edge has shown complete disregard for consent, for women’s bodies and in doing so has contributed to the wider issue of rape culture in New Zealand says specialist sexual violence prevention organisation, Sexual Abuse Prevention Network. Yesterday,...
    Scoop politics | 02-09
  • The Rock is Fuelling New Zealand’s Roastbuster Rape Culture
    The Rock are still displaying without-consent images of Jennifer Lawrence and other celebrities online. They are making fun of this without-consent action, saying that she was "asking for it", etc. They appear to be supporting this kind of...
    Scoop politics | 02-09
  • HRLA Condemns Murder of Filipino Human Rights lawyer
    Attorney Rodolfo R. Felicio, a member of the National Union of Peoples Lawyers , was gunned down while working on a land dispute in Rizal, east of Manila. Two caretakers of the disputed land were also injured in the attack....
    Scoop politics | 02-09
  • SFO lays charges for procurement fraud
    Two individuals have been charged in the Auckland District Court today with Crimes Act charges laid by the Serious Fraud Office for alleged fraud against Mighty River Power Limited relating to procurement for the Company’s Southdown power station....
    Scoop politics | 02-09
  • Commitment to lifting wages good for New Zealand
    The Service and Food Workers Union has applauded the Green Party workers’ policy announced today....
    Scoop politics | 02-09
  • Sykes: There’s Only One Poll That Counts
    “One of the oldest sayings in politics is that there is only one poll that counts – the one on Election Day – and that’s the one that I am focusing on” remarked the MANA Movement candidate for Waiariki, Annette...
    Scoop politics | 02-09
  • Winston Peters Shown up by the Civilian Party
    Even the satirical 'Civilian Party' has now offered the Taxpayers’ Union more credible figures for the ' Bribe-O-Meter ' than Winston Peters’ New Zealand First. The Taxpayers’ Union Bribe-O-Meter now includes, National, Labour, the Greens,...
    Scoop politics | 02-09
  • Further criminal investigation into CTV Building collapse
    Police has today confirmed it will be advancing the criminal investigation into the collapse of the CTV building in February 2011....
    Scoop politics | 02-09
  • Greens policy to restore link between effort and reward
    The Green Party’s new workers policy articulates an alternative to wage repression and job insecurity based on restoring the link between effort and reward, according to FIRST Union. The core tenets of the policy include implementing an $18 minimum...
    Scoop politics | 02-09
  • Greens workers policy supported by union movement
    The CTU is supporting the Green Party’s policy launched today focused on improving life for working New Zealanders. “This policy shows the Greens commitment to collective bargaining as the best and fairest way to improve workers terms and conditions. It...
    Scoop politics | 02-09
  • Research Scholarships for Cannabis Treatments
    Medical cannabis research will be boosted by $140 million if the Aotearoa Legalise Cannabis Party is elected on September 20. Pediatric epilepsy treatment will be one of the main priorities for the research scholarships....
    Scoop politics | 01-09
  • Ngai Te Rangi Change to Tribal Elections
    Ngai Te Rangi has begun a postal vote of beneficiaries to change the way representatives are elected to the two Ngai Te Rangi tribal organisations....
    Scoop politics | 01-09
  • Greens’ commitment to pay equity welcomed by workers
    The Public Service Association (PSA) says the 58,000 workers they represent will benefit from the announcement by the Green Party of a commitment to pay equity and to a living wage for core public servants and contractors....
    Scoop politics | 01-09
  • Real People Powering Real Policy
    New Zealanders from all walks of life have helped the Internet Party create a full platform of strong, progressive and realistic policies that will create a better future for everyone, says leader Laila Harré....
    Scoop politics | 01-09
  • University of Canterbury to help with forestry safety
    The University of Canterbury is to launch a new research project to make sure New Zealand’s new forestry roads are safe and are established with minimal environmental impact....
    Scoop politics | 01-09
  • Time to get serious about ending homelessness!
    New Zealand needs a comprehensive set of policies that address the housing and support needs of homeless people as well as significantly increasing the supply of affordable, good quality houses and flats....
    Scoop politics | 01-09
  • Hundreds to join domestic, sexual violence march
    Several social service providers from across New Zealand have come together to call for an end to the epidemic level of domestic and sexual violence in New Zealand....
    Scoop politics | 01-09
  • Students helped with debt repayments
    New Zealand students now living in Australia are being reminded not to ignore their student loan debt as Inland Revenue expands its latest tool to help with repayments....
    Scoop politics | 01-09
  • Launch of GenderNeutral.co.nz website
    GenderNeutral.co.nz are excited to announce the launch of their new website, GenderNeutral.co.nz ....
    Scoop politics | 01-09
  • Factory farming debaters to look chicken in the eye
    MPs participating in a panel discussion about factory farming will come face-to-face with a real live hen, rescued from the claws of the intensive farming industry. Hettie the Hen will demonstrate to the MPs what little space is afforded to...
    Scoop politics | 01-09
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