web analytics

There is an alternative

Written By: - Date published: 8:53 am, January 29th, 2013 - 48 comments
Categories: Economy, jobs - Tags:

Some people who don’t really understand economics think it’s all about confidence – if business would be more confident, they would then invest more and hire more people. In truth, confidence is merely an indicator that the fundamentals for growth are right. So, when Joyce accuses manufacturing bosses of ‘talking down’ the economy, he’s missing the point. Probably intentionally.

The manufacturing bosses and the EPMU at the first day’s hearing of the Manufacturing Inquiry were unequivocal – the over-valued dollar is killing us. And it’s simple to see why – sell $100 of product overseas in US dollars in 2001 and you got NZ$250. Today, you get $127.

You can innovative your arse off, but against that kind of declining return, you’ll be lucky to tread water.

And, in the last four years, manufacturing stopped treading water. Nearly 1 in 5 manufacturing jobs have been lost during that period.

It’s time to move the debate past ‘is there a problem with manufacturing’ and ‘is the high dollar that problem’? The answer to both is clearly ‘yes’.

Now, the question is ‘what do we do about it?’ The logical option would be to do what all our trade partners are doing to lower their currencies: capital controls, export assistance, quantitative easing, a lower official cash rate are all options.

It’s time to stop saying ‘there’s no alternative’ and, instead, start asking which alternatives we’ll choose.

48 comments on “There is an alternative”

  1. Draco T Bastard 1

    The logical option would be to do what all our trade partners are doing to lower their currencies: capital controls, export assistance, quantitative easing, a lower official cash rate are all options.

    That would be logical within the current economic paradigm but, considering how our economic system is destroying the environment, is it logical to continue to use the same paradigm?

    • Andre 1.1

      We need a ‘Reset button’ . and a government intelligent enough to Press it .. The long term outlook for western economics is only bad . New thinking is needed. The only option.

      • SpaceMonkey 1.1.1

        Following this current economic paradigm, the reset button is war. It’s going to take ballsy leadership to steer NZ in the direction we need to go because the root cause is the economic model itself: the concept of “growth” and consumerism. Until we address that, it’s not going to matter who is in Government, left or right… it’s the economic equivalent of pimping a ride with no engine.

        • bad12 1.1.1.1

          Aha, that’s a correct analysis based upon what the European nations have resorted to at various times in history when their Ism is threatened,(mostly by their own greed filled actions),

          How we keep our little country out of what i see as the building pressures for the sort of global scale conflagration our Leaders would happily fall all over themselves to involve us in, (or more to the point our young), is at present beyond me…

        • Rogue Trooper 1.1.1.2

          this Monkeys’ going to Heaven Surfer Rosy

      • McFlock 1.1.2

        Life doesn’t have a reset button. Why should the economy?

        • Draco T Bastard 1.1.2.1

          The “economy”, as its presently constituted, isn’t a natural part of life. The real economy is but the real economy isn’t related in any way, shape or form to the present financial system.

    • geoff 1.2

      Excellent point DTB but that is too big a problem for them to think about. That would require a collectivism that, presently, gets laughed at in the mainstream.

  2. Yes there is an alternative, a snap election,another 2yrs of this ramshackle nact govt
    doesn’t bear thinking about.

  3. PlanetOrphan 3

    Comeas back to DunnoKeyo playing his “Merrill Lynch” handbook.

    He promised all those people he’d borrow not print money, they in turn called him “UnCivilised” and tried to help by keeping our dollar strong so we can pay of the debt.

    Bloody Idiot should’ve listened to the IMF and printed money 4 years ago.

    • Lanthanide 3.1

      “He promised all those people he’d borrow not print money, they in turn called him “UnCivilised” and tried to help by keeping our dollar strong so we can pay of the debt.”

      NZ government debt is in $NZ, so the exchange rate doesn’t change how easy it is for us to pay it back or not.

      In fact, a high exchange rate actually discourages people from lending to us: in the past, for example, if someone wanted to lend the government $200NZ (ie, buy $200NZ worth of government bonds), they would take their $100US and buy $200NZ and then buy the government bonds, who in the future would pay them back $200NZ + interest. But now, if they want to buy $200NZ in government bonds, it will cost them $157US.

      • PlanetOrphan 3.1.1

        So why is our Exchange rate so high all of a sudden ?

        • Rogue Trooper 3.1.1.1

          maybe we need to pimp the Model T past the Baldwins down into Richmond; Dew Drop Inn?

          • PlanetOrphan 3.1.1.1.1

            Nice 2 cu Rogue, Not even a pimped out Model T will fix DunnoKeyos’ bad tuning M8!

        • mikesh 3.1.1.2

          The value of the dollar is determined by the relationship between imports, exports, invisibles and overseas borrowing. It is probably excessive borrowing, with the proceeds being pumped into the housing market, that is probably the main culprit. Lowering the exchange rate may be difficult because a change in one of the other variables can be offset by an increase in borrowing.

          • PlanetOrphan 3.1.1.2.1

            i.e back to printing more money ?

          • Draco T Bastard 3.1.1.2.2

            1.) Lower the OCR down to 0%
            2.) Make government loans available to everyone (business and mortgages) at 0%

            Exchange rate lowered.

        • Lanthanide 3.1.1.3

          Because the US and rest of the world have been devaluing their currencies.

    • bad12 3.2

      Indeed, the IMF in its interim report to the incoming National Government,(a report i can no longer find online) directly advised the National Government to seriously consider the use of quantitative easing,(printing money), to avoid the worst effects of the World wide financial crisis impacting upon the New Zealand economy,

      IMF interim reports are then referred to the incumbent Government for comment after which the full report is produced by the IMF,

      The full report when produced had had all reference to ‘quantitative easing’ expunged from it, so it was obviously a direct decision of the Slippery lead National Government to ‘borrow’ the Country into a massive Government debt even tho it had at hand,(and still does), the perfect tool to lower the New Zealand dollars international value while shielding the future generation from having to forgo social services in order to re-pay Government debt,

      My take on this is that it is simply playing politics by the National Government with the economy of New Zealand and the lives of future generations of this country,

      To be blunt, an attempt to ‘kneecap’ the economy so as to prohibit the next Government from being able to institute any further social programs and in effect trying to force upon that Government a panic situation where devaluation of the New Zealand dollar is considered via regulation,(a really stupid idea when the pluses of quantitative easing are so blindingly apparent and the tool will also lower the value of that New Zealand dollar)…

      • Rogue Trooper 3.2.1

        ahhh, devaluation devaluation devaluation (banks are courting property investors into “fixed terms” meanwhile Hickey forecasts mortgage interest rates rising later this, early next, Yeah Baby! The Carrot, then Stick it too them.

  4. higherstandard 4

    So we’d be better off if our dollar was at 0.40 to the USD ?

    • Lanthanide 4.1

      Manufacturers might be better off. The economy as a whole would unlikely be, largely due to the much higher oil prices these days (which IMO are part of the reason the exchange rate is high).

      Certainly manufacturers would be much happier with a dollar that was around 60-65 US cents.

      • higherstandard 4.1.1

        Indeed I always find it amusing that whatever the exchange rate is someone’ll be moaning.

        Certainly those countries with historically strong currencies too tough and as you say if our dollar devalued significantly consumer prices would increase significantly along with many of the imports utilised throughout our public health system.

        • tracey 4.1.1.1

          which is why everyone being tied tot he US dollar was simply a World Bank/USA idea that served only one point five masters

          • Draco T Bastard 4.1.1.1.1

            Actually, that was the Bretton Woods Agreement which is the agreement that set up the World Bank, the fixed exchange rates that existed after the end of WWII, and the US$ as the world’s reserve currency. Unfortunately, no one seems to have realised that by going to a free-market system there is no such thing as a reserve currency.

            • CV - Real Labour 4.1.1.1.1.1

              What people need to realise is that although the US Gov moved the US Dollar off the Gold Standard…they have effectively moved it to the crude oil standard.

              Which is why the US gets mighty twitchy every time a bourse starts up somewhere which allows the trading of oil in a currency other than USD.

              • SpaceMonkey

                Hence Libya… Gaddafi was courting African countries with a gold-backed dinar. It would’ve stuffed the US dollar and every other fiat currency. It was also one of (then) four nations without a privately owned central bank. Military intervention ensued.

                Iran, looking to get into bed with the BRICS nations, is also one those nations without a privately owned central bank. They are looking to trade oil in anything but the US dollar so you know what the noise is about… the banksters want that bank. The only thing stopping the US and Israel is an unequivocal demand from China – hands off Iran. China gets approx. 80% of its oil from Iran.

                Meanwhile China is amassing gold. No one knows exactly how much but it is estimated to be around 6,000 tonnes. All gold mined in China is going straight into their bank vaults. They may be looking to match the US reserves of 8,000 tonnes at which point China may very well choose write off the shitty US dollars they hold and back their currency with gold. That will send shockwaves through the global economy and it will not go down well with the central banksters. I would expect the response to be military… the US and Europe would have lost the currency war currently being waged at this moment.

                Meanwhile NZ has 0 tonnes of gold. We sold the last of our reserves in 1991 like the good little IMFers we are (to the IMF gold is not money). If the world moves back to a gold standard (and that’s a big IF because the banksters will fight it all the way) NZ is doubly fucked.

    • bad12 4.2

      No,we would be better off if the New Zealand dollar had a value of 70 cents against the US dollar, it is not the New Zealand dollar that has risen per se against the US dollar, it is fact the reverse,

      The US dollar as they have diluted their currency by printing money has lowered in value when compared with currencies all over the world,

      The National Government’s failure to follow suit,(even when advised to do so by the IMF),has simply seen our currency become over-valued at the loss of our Manufacturing sectors competitive edge and the loss of employment,

      There would have been very little negative effect had this National Government printed the 300 million dollars a week it currently borrows,

      What should have occurred with the Christchurch rebuild was the declaration of a ‘special economic zone’ which in effect would have removed the false ‘growth’ figures which will occur because of that rebuild in New Zealands total economic figures over the next decade,

      Including the rebuild in such economic figures will in effect force the Reserve Bank to further tighten the money supply to the rest of New Zealand as the ‘false growth figures’ from Christchurch can be contained within the Reserve Banks ‘Inflationary Targets Band’, BUT, growth elsewhere in the New Zealand economy will threaten a breach of that ‘inflationary targets band’…

      • bad12 4.2.1

        The ‘false growth’ of the Christchurch rebuild???, it’s simply this, the ‘growth in economic activity that will be recorded from the efforts of the Christchurch rebuild will in fact be the re-recording of ‘growth’ that previously occurred befor the Christchurch earthquakes,

        The Christchurch earthquakes destroyed the previous ‘growth’ and the rebuild will only replace that ‘growth’ as no accounting has been made of the actual loss of ‘growth’ from the destruction caused by those earthquakes recording the rebuild of Christchurch as ‘growth’ is then ‘false’ and such recording of that ‘false growth’ in the sum total of New Zealand’s economic activity at any time will simply give a ‘false’ distorted picture of overall national ‘economic activity’,

        So, what need happen??? an accounting need take place that identifies ‘the loss of growth’ as the damage caused by the Chrischurch earthquakes, this X accounting of loss then need be the basis from which ‘actual growth’ in the Christchurch region can have some ‘actual’ platform from which to be measured from,

        Lets use for example a figure of 30 billion dollars as the amount of loss caused by those earthquakes, for ‘actual growth’ to occur in such a scenario 30 billion dollars must first be spent into the local economy as earthquake damage repair or rebuild befor any ‘actual growth’ can be said to have occurred,

        My view is this, Christchurch until such time as that loss/growth equation has been equalized should be legislated as a special economic zone where the economic activity until such time as that loss/growth equation has become neutral does not figure in the recording of national economic data as to do so will build into the New Zealand economy a level of ‘false growth’ that will then generate a level of ‘false inflation’ and the actions ensuing from this will seriously damage the New Zealand economy…

  5. tracey 5

    How much have they borrowed since coming to office??

    • David H 5.1

      About 42 Billion bucks Not sure if that’S NZ or US currency.

      • CV - Real Labour 5.1.1

        NZ I think.

        Averages $250M – $300M pw.

        • bad12 5.1.1.1

          The interesting thing about discussions with people over whether that 250-300 million dollars a week should have been borrowed into the New Zealand economy or printed into that economy is the number of people,(including Slippery the Prime Minister), who seem to believe that borrowed dollars have ‘magic qualities’,

          Tell the average head that those dollars borrowed should have been instead printed by the New Zealand Government or more to the point the Reserve Bank of New Zealand and they will mostly begin spluttering about inflation,

          To believe in this inflation fallacy a person must also believe that pigs can fly, steamrollers really do roll steam,choclate fish can swim, the tooth fairy put that dollar under the pillow, and various other myths that i could spend half the night listing,

          Such people,despite all the evidence steadfastly refuse to believe that any of the currently borrowed 250-300 million dollars a week has come hot off of the printing presses from some other economy busily engaged in propping up the collapsed system of capital,and, such people,although they will vehemenently deny such obviously believe that a ‘borrowed dollar’ has magic properties which do not allow that borrowed dollar to create the merest % of inflation,

          Such believers in the ‘magic powers’ possessed by a ‘borrowed dollar’ would seem to include most of the Parliament including most of the Labour Caucus along with the Labour caucus Leader Dave Shearer who when discussing future Labour Government spending seems to be stuck, like a cracked record, at the word Borrowing…

  6. Enough is Enough 6

    Be careful what you wish for. What would happen to our fuel costs if the dollar was $0.65 US?

    How much more New Zealand cash would be sucked up and sent to the BP’s of this world if we could get our dollar to that point?

    • Lanthanide 6.1

      I’d guess around $2.30-$2.50 a litre.

      It would help drive effieincy and fuel conservation. Better we start sooner than later on that.

      • higherstandard 6.1.1

        Lets put a 300% tax on petrol.

        It would help drive effieincy and fuel conservation. Better we start sooner than later on that.

        • Draco T Bastard 6.1.1.1

          Why put in something artificial when we could just have properly costed fuel?

          Of course, that would require government regulation ensuring that all costs were properly accounted for that the free-marketeers would then say was artificial.

        • Lanthanide 6.1.1.2

          Or, lets be sane and phase in that 300% oil tax in over 10 years, so as not to suddenly jolt the economy with a big blow.

          Luckily Key and crew are already on it, raising petrol taxes by 9c over the next 3 years.

          • CV - Real Labour 6.1.1.2.1

            You just have to remember that real incomes will be declining all that time as well, so 300% may effectively be a real 500% increase and hence be too harsh.

      • Andre 6.1.2

        OR spend 12 billion of future spending on road ,That will help… Exon now biggest company in the world .

      • Enough is Enough 6.1.3

        Yep, and at that price what happens to our economy?

        I am curious whether we could cope in the short term with that.

        • Draco T Bastard 6.1.3.1

          It shifts to being more local and less dependent upon international trade.

          • blue leopard 6.1.3.1.1

            Whats wrong with going local and becoming less dependent upon international trade now?

            • Draco T Bastard 6.1.3.1.1.1

              Nothing as far as I can see but the currency traders and banksters will probably start to lose out.

              • CV - Real Labour

                And they will fight back. Hence the provisions in the TPP allowing dubious multinational corporate entities to sue the NZ Government.

Recent Comments

Recent Posts

  • Budget ignores vital role of quality ECE
    Last night I watched a fascinating programme about the Otago University 45 year study of 1000 New Zealanders. It concluded that there are ways to intervene and support people who are at risk of becoming violent. One of the key… ...
    GreensBy Catherine Delahunty
    3 hours ago
  • More ice for Radio NZ in Budget
    Budget 2016 once again left our only public broadcaster, Radio NZ (RNZ), worse off. After eight years of funding freezes, you have to wonder if RNZ is being iced-out for ideological reasons. I believe public broadcasting is an important cornerstone… ...
    GreensBy Gareth Hughes
    10 hours ago
  • Fisheries inquiry must be widened to include Trident
    The Government must widen its inquiry into the Ministry for Primary Industries to include its awarding of a company owned by Sanford and Moana Pacific Fisheries to monitor commercial fishing vessels, Labour’s Fisheries spokesperson Rino Tirikatene says. The Ministry for… ...
    12 hours ago
  • Government spend up on state house sell off
    The Government has spent $28.9 million and has 129 officials working on its misguided state house sell-off, says Labour’s housing spokesperson Phil Twyford.  “This is a scandalous waste of taxpayers’ money on a policy that won’t deliver a single extra… ...
    1 day ago
  • Housing crisis has huge impact on education
    The National Government’s failure to get on top of the housing crisis is having a major impact on the quality of education a lot of school kids are getting, Labour’s Education spokesperson Chris Hipkins says.  “There are thousands of kids… ...
    1 day ago
  • Minister celebrates while arts organisations face cuts
    Maggie Barry was full of self-congratulations for her small arts announcement in the budget, ignoring the pain that a large number of organisations are facing due to her inaction, says Arts, Culture, Heritage spokesperson Jacinda Ardern.  “The Budget delivered a… ...
    1 day ago
  • Regions miss out again in Joyce’s Koru Lounge Fund
      The regions have missed out yet again with Steven Joyce offering just $10m a year for key regional development projects while trumpeting a bunch of re-heated announcements, says Labour’s Economic Development spokesperson David Clark. “The dairy downturn has put… ...
    2 days ago
  • Children’s Commissioner misses out in Budget
      The Office of the Children’s Commissioner has missed out on a much needed boost in this year’s Budget, meaning they will be forced to continue their reduced monitoring role of CYFs residences, says Labour’s spokesperson for Children Jacinda Ardern. … ...
    2 days ago
  • Communities miss out in Budget
    Budget 2017 has left community and NGO providers feeling exposed about the services they provide to vulnerable families especially in smaller towns and communities, says Labour’s Whānau Ora Spokesperson Nanaia Mahuta. “Approximately $40m will go into Whānau Ora to work… ...
    3 days ago
  • Budget2016: Two Worlds
    Sometimes I feel as if I live in two worlds. The world created by the National Government where everything is great and they’re doing a great job and the world as seen through the eyes of child advocates, community workers,… ...
    GreensBy Jan Logie
    3 days ago
  • Parekura would be proud – MTS gets boost
    The Labour Party is ecstatic that the Māori Party have shown support for one of Labour’s proudest policies, says Labour’s Māori Broadcasting Spokesperson Peeni Henare.  “The Māori Television Service was launched in 2004 by the late Hon Parekura Horomia. ...
    3 days ago
  • Māori housing in state of emergency
    The Government needs to declare a state of emergency for Māori Housing, says Labour’s Māori Development spokesperson and Te Tai Tokerau MP Kelvin Davis. “The extra $3 million a year Māori Housing Network fund will not scratch the surface in… ...
    3 days ago
  • State house sell off in disarray after provider pulls out
     The Government should cancel its planned sell-off of state houses after the second big community housing provider pulled out leaving the process in disarray, says Labour’s Housing spokesperson Phil Twyford.  “It is time for the Government to back away from… ...
    3 days ago
  • Nothing in Budget to help police to solve crime
    The Police Minister has failed to make communities safer with virtually no new money in yesterday’s Budget for police to address the appalling burglary resolution rates, says Labour’s Police spokesperson Stuart Nash.  “It’s a disgrace there’s no money or aspiration… ...
    3 days ago
  • Blog – Budget 2016: What about ordinary working people?
    Ordinary working New Zealanders don’t fare very well from this Budget. Setting aside the spin from the Government, it contains a lot to be concerned about and a fudging of the numbers. Green Party workplace relations spokesperson Denise Roche For… ...
    GreensBy Denise Roche
    3 days ago
  • Real wages go backwards for next two years
    New Zealanders’ real wages will fall for the next two years as the cost of living outpaces forecast pay rises, says Leader of the Opposition Andrew Little. “New Zealanders have been doing it tough for far too long. They expect… ...
    3 days ago
  • The Attack on Public Education – by a thousand cuts
    Budget 2016 is another step towards the free public education system being a memory from the past. The Budget freezes the operations grant for schools and does not sufficiently cover the real increase in numbers of students entering the education system.… ...
    GreensBy Catherine Delahunty
    3 days ago
  • The Attack on Public Education – by a thousand cuts
    Budget 2016 is another step towards the free public education system being a memory from the past. The Budget freezes the operations grant for schools and does not sufficiently cover the real increase in numbers of students entering the education system.… ...
    GreensBy Catherine Delahunty
    3 days ago
  • The give with one hand – take with the other Budget
    The Minister of Health has pumped out media releases to 20 District Health Boards heralding increases in funding for their regions, says Labour’s Health spokesperson Annette King. “But when you add population growth and inflation into the figures you get… ...
    3 days ago
  • Budget offers no hope of fixing housing crisis
    The Budget’s underwhelming housing measures will give New Zealanders no hope that National is capable of fixing the housing crisis, Labour’s Housing spokesperson Phil Twyford says. “There isn’t a scrap of an idea to help desperate young Kiwi families into… ...
    4 days ago
  • How the budget fails new New Zealanders
    Greens co-leader James Shaw was absolutely correct to say the 2016 budget is just papering over the cracks. There’s nothing in this budget to increase wages, address inequal pay for carers or deal with the shocking pay rates and employment… ...
    GreensBy Denise Roche
    4 days ago
  • Parents will pay more as school budgets frozen
    Parents will pay more for their kids’ education as a result of this year’s Budget after the Government froze operational funding for schools, Labour’s Education spokesperson Chris Hipkins says. “This means schools are effectively going backwards. They will need to… ...
    4 days ago
  • Sticking Plaster Budget fails the test
    Bill English’s penultimate Budget fails to tackle the structural challenges facing the economy – a housing crisis, rising unemployment, underfunded health and creaking infrastructure, says Labour’s Finance spokesperson Grant Robertson. “This Budget applies a sticking plaster to a compound fracture.… ...
    4 days ago
  • John Key fails middle New Zealand with no fix for housing crisis, more underfunding of health
    Middle New Zealand has again missed out in this year’s Budget with not a single fix for the housing crisis, and health and education woefully underfunded again, Leader of the Opposition Andrew Little says. “This Budget is just a patchwork… ...
    4 days ago
  • Labour Bill would back Kiwi jobs
    The Government’s $40 billion of buying power would go towards backing Kiwi businesses and jobs under a Labour Member’s Bill which will be debated by Parliament, Leader of the Opposition Andrew Little says. “My Bill – which was pulled from… ...
    4 days ago
  • Julie Anne Genter: My Budget 2016 wish is fairness
    When my parents first visited me in Auckland ten years ago, they remarked on how there were no homeless people on the streets. Coming from Los Angeles, they were used to seeing the impacts of horrendous inequality and a lack… ...
    GreensBy Julie Anne Genter
    4 days ago
  • Steffan Browning: Pesticide reduction and Organic Growth Strategy in Budget 2016
    Pesticide reduction The Budget is an opportunity for the Government to launch a pesticide reduction strategy that multiplies the Environmental Protection Authority’s (EPA) and the Ministry for Primary Industries’ capacity to reassess pesticides and other toxins.  The Agricultural Compounds and… ...
    GreensBy Steffan Browning
    4 days ago
  • Steffan Browning: Pesticide reduction and Organic Growth Strategy in Budget 2016
    Pesticide reduction The Budget is an opportunity for the Government to launch a pesticide reduction strategy that multiplies the Environmental Protection Authority’s (EPA) and the Ministry for Primary Industries’ capacity to reassess pesticides and other toxins.  The Agricultural Compounds and… ...
    GreensBy Steffan Browning
    4 days ago
  • Minister won’t fess up on wrong figures
    The Minister of Health was caught out telling porkies in Parliament today when he was asked about the number of people getting access to mental health and addiction services, says Labour’s Health spokesperson Annette King. ...
    5 days ago
  • Budget 2016 and our LGBTQI communities
    LGBTI people make up about a tenth of our population, and our communities face a unique set of needs and challenges. These challenges are caused or exacerbated by discrimination, invisibility and barriers to appropriate support. We have a long way… ...
    GreensBy Jan Logie
    5 days ago
  • Budget 2016 and our LGBTQI communities
    LGBTI people make up about a tenth of our population, and our communities face a unique set of needs and challenges. These challenges are caused or exacerbated by discrimination, invisibility and barriers to appropriate support. We have a long way… ...
    GreensBy Jan Logie
    5 days ago
  • Scrambled announcement policy on the hoof
    Paula Bennett’s scrambled desperate announcement that she will pay homeless people to move to the regions is just the latest evidence of the disarray this Government’s housing policy is in, Leader of the Opposition Andrew Little says. “This is policy… ...
    5 days ago
  • Police Minister admits resolution rates fall short of expectation
    Police Minister Judith Collins has admitted in Parliament current burglary resolution rates are not meeting the expectations of our communities, says Labour’s Police spokesman Stuart Nash “Out of 284 police stations in New Zealand in 2015, 24 stations recorded zero… ...
    5 days ago
  • Mojo Mathers: A better deal for animals in Budget 2016
    Currently we are failing animals in NZ. On the face of it farmed and domestic animals in this country have strong legal protection from abuse, cruelty and neglect. In reality it seems that only the very worst, most extreme cases… ...
    GreensBy Mojo Mathers
    5 days ago
  • Metiria Turei: What we need from Budget 2016
    Every family deserves a warm decent home.  Everyone believes that. This housing crisis is just the latest consequence of a Government who puts the interests of the few wealthy people above the needs of NZ families.  Families are doing it… ...
    GreensBy Metiria Turei
    5 days ago
  • Dairy exports fall of 11%: Budget action on diversification needed
    Dairy exports have fallen 11 per cent compared to this time last year, a fall of almost $1.5b, showing the Government must take clear action on diversifying the economy in tomorrow’s Budget, says Labour’s Trade and Export Growth spokesperson David… ...
    5 days ago
  • Investors driving families out of homes in South and West Auckland
    Investors cashing in on skyrocketing Auckland house prices are driving families out of homes in South and West Auckland and causing homeownership rates in some of our poorest suburbs to plummet, Labour’s Housing spokesperson Phil Twyford says. “New analysis shows… ...
    5 days ago
  • Budget must deliver on paid parental leave
    Budget 2016 must deliver 26 weeks paid parental leave by April 2018 – anything less will be short-changing families, says Labour MP Sue Moroney. “My Bill which is before Parliament this afternoon has majority support and does just that. I… ...
    5 days ago
  • Key’s “brain fart” on tax cuts news to English
    John Key didn’t tell his own Finance Minister he was about to go on radio and announce he wanted $3b of tax cuts, just days after Bill English ruled them out, says Labour’s Finance spokesperson Grant Robertson. “In Parliament today… ...
    6 days ago
  • What I’m looking for in Budget 2016 – A better start for our tamariki
    Ensuring the best start for our tamariki is a priority for me in everything I do. And so in Budget 2016, my first budget as an MP, I looking for the Government to make a real investment in the wellbeing… ...
    GreensBy Marama Davidson
    6 days ago
  • What I’m looking for in Budget 2016 – A better start for our tamariki
    Ensuring the best start for our tamariki is a priority for me in everything I do. And so in Budget 2016, my first budget as an MP, I looking for the Government to make a real investment in the wellbeing… ...
    GreensBy Marama Davidson
    6 days ago
  • Denise Roche: What I’m looking for in Budget 2016 Pt II
    Aotearoa’s new New Zealanders,  come to our country in vulnerable position: – often away from the culture, communities and families they know, sometimes in neighbourhoods without familiar faces and often encountering barriers to employment. With net migration at 50,000+ a… ...
    GreensBy Denise Roche
    6 days ago
  • Equal Pay and Budget 2016
    The last few years we’ve seen equal pay for women flagged as an undefined risk in the budget. This year we should expect to see this, as well as budgeted money to deliver equal pay to caregivers and funding for,… ...
    GreensBy Jan Logie
    6 days ago
  • Equal Pay and Budget 2016
    The last few years we’ve seen equal pay for women flagged as an undefined risk in the budget. This year we should expect to see this, as well as budgeted money to deliver equal pay to caregivers and funding for,… ...
    GreensBy Jan Logie
    6 days ago
  • A great Budget would
    A great Budget would embrace the challenge of our polluted rivers and move the money away from justifying the status quo water rules into cleaning up waterways. A great Budget would take the Ministry for the Environment freshwater budget and… ...
    GreensBy Catherine Delahunty
    7 days ago
  • Budget building materials policy backfires
    On the eve of this year’s Budget official figures show Nick Smith’s Budget 2014 centrepiece to reduce the cost of building materials has backfired, says Labour’s Housing spokesperson Phil Twyford. “Ministry of Business, Innovation and Employment officials have spent the… ...
    7 days ago
  • Smarter, Better, Cleaner, Stronger
    This Thursday Bill English will deliver his eighth Budget. Will it continue the trend of previous National budgets, making tertiary education less affordable, putting only token funds into innovation, and subsidising polluters? Budgets aren’t what they used to be. Once… ...
    GreensBy Gareth Hughes
    7 days ago
  • Govt must come clean on tax cuts in Budget
    National is making a mockery of the Budget process by dangling the promise of tax cuts but failing to include them in the Budget, says Labour’s Finance spokesperson Grant Robertson. “National’s tax cut promises have turned into a farce. One… ...
    1 week ago
  • Grant Robertson Pre-Budget Speech
    Today I want to talk about success. As we know success can come in many different forms, from the fact you all made it here at such an early hour on a Monday, for which I am very grateful, to… ...
    1 week ago
  • Budget must deliver for middle New Zealand
    The Government must ensure next week’s Budget stops the squeeze on middle New Zealand and delivers shared prosperity for all New Zealanders, Leader of the Opposition Andrew Little says. The call follows new research commissioned by Labour that shows working… ...
    1 week ago

Public service advertisements by The Standard

Current CO2 level in the atmosphere