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You’ve got to know to understand (and be able to talk about it)

Written By: - Date published: 1:15 pm, March 1st, 2009 - 56 comments
Categories: economy, Media, national/act government - Tags: , ,

In the greatest economic crisis in a lifetime, we remain the only country in the world whose government has done nothing to try to stimulate the economy. In fact, the net effect of National’s policies is de-stimulatory, taking money out of the economy when it most needs an injection of spending. And I blame the media. You might think that’s unfair, after all National’s in charge but National is just following its ‘put your head in the sand and cut spending’ instincts (the same instincts that aggravated and prolonged the early 1990s and Asian crisis recessions). The only way we could force the Government to act (rather than hold Jobs Summits, which is merely a mask for inaction) is by having an informed national debate on how to handle the crisis. But we can’t do it because the conduit of that debate, the media, isn’t up to the task.

We are so ludicrously under-equipped to hold proper national debates on important issues that when Bill English says he will bring forward spending that is seen as countering the recession and when he says he will cut spending, that is also seen as countering the recession. Not one journo seems to go ‘hey, how can both increasing and cutting spending be tackling the recession?’ or ‘hey, isn’t every other country in the bloody world injecting stimulus into their economy? Why the hell are we cutting spending?’ If you want to see any good commentary on the Government’s recession policies, you have to go to the business sections of the papers, and it’s not favourable reading. The political journos seem unable to sit down and think about macroeconomic situation we are in and what the Government’s actions mean in that context. Many are so economically illiterate that they think running an economy is like running a household budget, and, even then, show they don’t understand the microeconomics of how households budget (John Roughan, don’t you realise that households and businesses borrow to acquire long-term investments all the time? What do you think a mortgage is?).

Look at this cycleway idea. It would be great for me, I could cycle the length of NZ like I’ve cycled through Europe but will it make a blind jot of difference to the economy? Fuck no. $50 million over 2 years. $25 million a year? That’s 0.015% of GDP. It’s like if every man woman and child bought one extra Big Mac a year. It’s supposedly meant to employ 4000 people but what the journos miss is that they would only be employed for a few months each. Even if half the money went to employing workers the number of work hours it would buy is only 1 million over two years, and we lost 17 million work hours from the economy in the December quarter alone. It’s less than a pittance, smaller than an irrelevancy.

Let’s have some context: Obama’s stimulus package is $1.1 trillion – 8% of GDP! He’s talking investment to not only give a mammoth dose of confidence to the economy but also to revolutionise it by building useful infrastructure. He’s delivered a true Green New Deal to not only help the US recover but also to begin to future-proof it against peak oil and work to mitigate climate change. The US and other countries are not spending these vast sums lightly, they are doing it because it is necessary to stop the recessionary spiral before it gets much, much worse. All we’re going to get is a cycleway that no bugger will use and provide no measurable stimulus and yet the media reports it like the Government represents it, as some recession-busting move.

It’s a lack of sophistication in our media analysis that is crippling our politics, preventing any serious discussion over whether the Government is doing anything meaningful to counter the recession, and whether what they are doing are the right things to be doing. If your analysis is no more sophisticated than ‘the Nats say this, Labour says this, and I reckon this’, it’s useless. I can get ‘I dunno, but I reckon’ from any joker in the street. I’m looking for analysis that arises from journos sitting down and thinking about the substantive impacts of policies, that is based on what the research says, what the studies say, what the experts say (the real experts, not the stalking horses like Michael Littlewood); analysis that comes to wise, nuanced conclusions. Informed commentary implicitly recognises the value of knowing what you’re talking about before spouting off. Unfortunately, we rarely get it. Vernon Small’s piece on the Cullen Fund was an oasis that shows the desert around it; the guy actually wrote about the economics of long-term investment, it was informative (well, informative to those who hadn’t already read the same points two days earlier on The Standard). The tragedy is that Small’s piece stands out so much in its exceptionalism. Not one of the other journos has got beyond ‘they say this but the others say this, and the public will feel (ie. I guess) this’.

While our fourth estate remains for all practical intents and purposes incapable of understanding complex issues, explaining them to the public, and challenging our leaders on them, our nation will suffer from poor policy decisions. While the foreign owners of our print media continue to slash and burn our stock of journos and the capable TV journos like Campbell continue to favour entertainment over information, things aren’t going to change.

56 comments on “You’ve got to know to understand (and be able to talk about it)”

  1. coge 1

    Ditto the proposed cycleway. It’s just an very expensive sideshow. It would just take money out of the economy, for uncertain return. Plus big money to maintain. With very dubious preliminary costings.
    Whoever came up with with that idea I wonder?

  2. SP You say a lot by what you leave out.

    For a start, NZ doesn’t have the same economic or finanicial problems in the US or UK or other areas ie on terms of cause. We haven’t had threats to our trading banks nor sub prime issues in particular.

    I’ve see you blame the Nats for lengthening the early 90’s recession. Yet looking at the GDP stats, NZ was 3 and no more than 6 months behind Oz who in turn mirrored the upturn in the US – in other words, our recovery was consistent with our trading partners and our reliance on trade.

    Not once have you mentioned that there is a massive downside to the spending in the US which will take debt to GDP close to our over 100%.

    On the one hand you preach that we should invest in our long term (Cullen Fund) but you are equally happy to gift future taxpayers significant debt.

    To a large extent, NZ’s recession is linked to the success of the spending in other countries, not NZ’s.

  3. oob 3

    Can you can imagine the response if the Greens has suggested the the Route 1 Cycleway ?

  4. RedLogix 4

    On the one hand you preach that we should invest in our long term (Cullen Fund) but you are equally happy to gift future taxpayers significant debt.

    Well of course you leave out the obvious alternative, defer or cancel the planned tax cuts. NZ already has one of the lower total tax takes in the world, and by lowering it even further at this critical juncture, all Bill English would achieve is to further restrict the ability of his govt to respond to the crisis.

    Yes I can hear the objection already, that in difficult times tax cuts would help individual budgets, but try and bear in mind that a tax cut means absolutely nothing to an individual without a job. Once someone has lost their job, they don’t give a rat’s patui about tax cuts, all they want is to see some action from their govt to get things moving again.

  5. What about the multiplier effect of the cycleway: wayside tyre air filling stations, cafe stops (non fast food), shower heads (solar powered), bunk rooms, restrooms, rain shelters, support transport services (so you don’t have to cycle with a backpack) etc.
    I’m surprised the National Government didn’t suggest to uproot the railways, as those tracks would make excellent cycling roadways (cfr Central Otago former rail tracks). And that’d save on future Kiwirail investments too.

    • There is no going to be any tourists other than some lost Kiwi’s. The entire global economy is collapsing that means nobody has any money to go anywhere let alone to New Zealand.
      That whole project is going to be some monumental waste of time

    • the sprout 5.2

      “I’m surprised the National Government didn’t suggest to uproot the railways, as those tracks would make…”

      those sleepers would make lovely raised pottager beds for Parnell gardens too.

  6. sdm 6

    So you would rather the government do as Obama seems to be – debt laden the cousntry for generations to come. How does he pay for the “stimulus” (pork) bill?

    • Pascal's bookie 6.1

      That would be the same way the shrub paid for his stupid fucking wars sdm. Future taxes. He’s been quite open about it. In fact, he’s finally moved the US towards a proper accounting for how their government spends money.

  7. gingercrush 7

    In the greatest economic crisis in a lifetime, we remain the only country in the world whose government has done nothing to try to stimulate the economy.

    That is the most stupid thing I’ve ever read. I love how the left attack the media. You don’t want a critical media. You want media that agrees with your viewpoint. But perhaps its your viewpoint that is incorrect. And that the huge stimulus packages other countries are delivering will only put those countries further and further into debt. And when Obama is talking about cutting the US deficit in half. One can only assume there is going to be plenty of cutting to public services. Something I would have thought you would disagree with.

    As for borrowing for the super fund. Its rather surprising that the Greens the party which aligns closest to you, also agrees with the suspension of funding the Cullen fund. It makes no sense to borrow money to invest largely in sharemarkets at a time when those sharemarkets are going down, down and down.

    And its pleasing to see, The Standard is quickly going down the same route as Tumeke. It looks so professional to see swearing in an analysis piece.

  8. Ianmac 8

    The cycleway gets a great deal of debate BUT I can find no mention of it in the official report on the official Govt Summit website nor on Tracey Watkin’s front page Dominion. (Wouldn’t it be Wonderful to be able to bike the lengh of NZ safely. Wow! Loved the Otago bike trail.)

  9. Ianmac 9

    Cullen Fund: Doesn’t it make sense to invest when the value is low so it is ready for the long-term recovery

  10. gingercrush 10

    Ianmac – No. It is generally advised that you never borrow money to invest in liquid stocks. And the best time to invest in stocks is when you’re starting to see a recovery. That insures that your stock doesn’t drop too low. Of course we could always borrow 20 billion dollars + but the only thing that will do is make the Cullen Fund irrelevant in 20 years or so since the country will paying for all it takes to pay off debt. That is why it is the best interest of this country, to ensure that government debt remains low. So a fund that is suppose to pay for future Super isn’t used to pay off Government debt. If we’re indeed looking at a future where a large number of people are retired. Then surely by anyone’s thinking its best to ensure government debt remains low? Or do you people really think a fund of lets say 20 billion dollars but a debt of 30%+ of GDP is going to ease financial constraints?

  11. spot 11

    “He’s delivered a true Green New Deal to not only help the US recover but also to begin to future-proof it against peak oil and work to mitigate climate change….”

    That has to be worthy of a post on its own, quite some claim when you look at the category breakdown of that package.

  12. Daveski 12

    RedLogix

    Isn’t SP clamouring for what they’re doing? So doesn’t that mean tax cuts (cause that’s what they are doing)?

    The philosophical point is that you and SP want to see the Govt spend and make the decisions … even tho govts have a terrible success rate. Likewise the enthusiasm for the Cullen fund.

    Wouldn’t it make sense for the Govt to give this money back to taxpayers and only have to worry about supporting those in genuine need. FFS social welfare for families earning $100K +!!!

    • Ari 12.1

      The reason tax cuts don’t work well as stimulus is twofold:

      1) They’re inefficient- you have to spend an enormous amount on them for a relatively small stimulus, because tax cuts go to everyone in the economy.
      2) They’re poorly targeted- tax cuts also give money to the wealthy and those secure in their jobs, and often it’s a lot more money than for everyone else. These people are almost guaranteed to bank the extra cash rather than invest it, which is about the worst possible use of money if your goal is to get out of the recession.

    • Draco T Bastard 12.2

      If families with an income over 100k need social welfare then it’s most likely that they don’t have a high enough income. Now, it would be nice to see businesses actually paying enough for the families to thrive but I really can’t see it happening. WfF – just another business subsidy courtesy of the taxpayer.

  13. Pascal's bookie 13

    “FFS social welfare for families earning $100K +!!!”

    Daveski.

    I think it’s fair to say that, of late, many of your comments here have been along the lines of;

    ” Goodness me (Standard writer), your comment “x” is rather partisan, and is hardly an objective statement that could be accepted as true by everyone, and your credibility is in grave jeopardy.”

    Given your above quote, please desist with the concern trolling.

    • Daveski 13.1

      I got riled when I pointed out comments that had been trotted out as fact were proved to be wrong and banged on about it for a while. Even I got bored so I desisted.

      Ironically, Ari’s comments are along the same lines as the point I’m making – a lot of the current transfer payments aren’t well targetted at all.

      I’ve moved on from the boring line of attack – point taken – but the comment about targeting welfare payments is a first for me and not trolling action.

  14. Rex Widerstrom 14

    I couldn’t agree more with the main thrust of your post, SP – the media in NZ aren’t equipped for a national debate of any depth. But then you go on to say:

    capable TV journos like Campbell continue to favour entertainment over information

    Sorry, but it’s journalists like Campbell who are equally responsible, along with the owners, for the malaise that infects our media. Certainly the jobbing journo in the Herald newsroom whose value to the company is measured in column centimetres, not the quality of the words therein, can’t do much to change things. They’re not given the time or resources for any analysis.

    But when one reaches the exalted heights of being handed 30 or 60 minutes of prime time TV a night, or a bylined column, or is promoted to head of news or whatever, then one wields considerable influence.

    If you’re so wrapped up in your own celebrity you’re bereft of a decent idea, then there are plenty of good overseas examples you’d do well to copy.

    It’s easy to blame the media owners, and they certainly don’t make it easy. But once a program is allocated a budget, then the decision on whether to spend that budget on recipes, interviews with aging rockstars and lightweight “lifestyle” pieces, or serious current affairs, is in the hands of the program makers.

    And they’ve consistently let us down.

    • Pascal's bookie 14.1

      spot on. (now there was a show. never mind the top-town, re-make that for the kiddies)

    • Ag 14.2

      The internet has exposed how useless most journalists are. To be a journalist one has to be able to package either the conventional wisdom, or something close to it, in a non-threatening package. Now anyone with an internet connection can fact check and publish objections immediately, and the journalists don’t like it. But why on earth would someone take a journalist’s opinion on any subject when there are any number of blogs by real experts that anyone can read?

      No wonder newspapers are going out of business.

    • the sprout 14.3

      True RW, Campbell disappeared up his own arse a long time ago. No amount of carefully staged Everyday Johno marketing eating fish and chips on the couch is going to change that.

  15. mike 15

    “The entire global economy is collapsing that means nobody has any money to go anywhere let alone to New Zealand.”

    Yes and we’ll all be wearing goat skins huddled around the camp fire… just what the country needs at this time – more paranoid freaks like eve

    • Mike,

      You might not like what I’m saying but to date 50 million people lost their jobs in the last six months and it’s only just beginning.
      Every major city in Europe has riots and strikes, government are falling and the people are angry. The way this is going to go down you might be lucky to have a goat skin and a fire. Asshole.

      • TC 15.1.1

        @Travellerev,

        Every major city in Europe has riots and strikes??

        Which Governments are falling??

        Maybe the sky is falling!!

        • Travellerev 15.1.1.1

          TC,

          This is about Eastern Europe.

          This one is about Europe

          Iceland”s and Latvia’s governments have fallen, Greece’s government is under severe pressure.
          Germany is facing huge strikes

          For details about the collapsing banking system check the bank implodometer

          Yep, the sky may be falling and ignorance is an ugly thing in these times. TC, you might want to educate yourself because the only country in the world which was dumb enough to vote an actual banker in, instead of throwing him in front of a car is little old really, really dumb New Zealand and my guess is you’re one of those dumb fucks who actually voted for him.

  16. Rex. oh, I totally agree with you. It is a personal as well as institutional failing that people like Campbell have wasted their potential.

    Daveski. Only very large families (6 kids) get any WFF on incomes over $100K, and the payments are small. It came out a while back that the government was spending only a million a year on WFF for these families, $1000 each. Do the maths and stop being a dick, the only way your can avoid having small payments into high incomes is a greater abatement rate or lower rates at low incomes. Remember Bill English’s secret tape? He said Key didn’t understand that simple fact but there’s no getting around it.

    • Daveski 16.1

      My comment has been taken somewhat out of context. The point I was trying to make is that the “safety net” provision of social security which I completely support has been replaced by a complex web of transfer payments that will never be efficient. The broader point I obviously failed to make was around better targetting of govt payments rather than the Government throwing money at every problem in the short term – it hasn’t worked in the past.

  17. Walt 17

    According to this ODT article the proposal is to spend $6 million finishing Te Araroa which is a walkway from Cape Reinga to Bluff due to be completed in 2010 and then build a mountain biking trail alongside of it for a cost of $50 million.

    I know that at (at least) parts of Te Araroa are accessible by mountain bikers: the parts of the trail near Twizel have been mentioned in the last two editions of the Kennett Brother’s Classic New Zealand Mountain Bike Rides guide book (i.e. since 2005) and I found this information about sections of the trail in the Auckland area.

  18. tsmithfield 18

    SP “when Bill English says he will bring forward spending that is seen as countering the recession and when he says he will cut spending, that is also seen as countering the recession”

    Yip. We need to spend on useful things and cut spending on stupid things. So, it is possible to be increasing spending and cutting spending at the same time.

    Think about it. It as actually cheaper for taxpayers to be paying former government employees the dole than to have them paid high salaries from the public purse. So, cutting the fat at of the public service, as National is doing at the moment, is actually good for taxpayers as a whole.

  19. the sprout 19

    Good commentary SP. agreed on all points.

    Our ‘Fourth Estate’ is a bad joke if you think what that’s supposed to mean – a citizens’ watchdog on the powerful interest of the State. Only the conglomerates that now own our media are more powerful than probably our state, definitely more powerful than any political party or bloc.

    Our print media in the past have pretty much always been owned by wealthy families, but at least they lived in the same country and had to wear some of the consequences of theri decisions. Now the offshore owners of our private media couldn’t give a toss about what happens in the far off Antipodes.

    The NZ msm were desperate to downplay the seriousness of the Global Crisis during the election because they didn’t want to risk the public getting cold feet about trading a competent government on a whim for a change. With that level of concern for the democratic interests of New Zealanders it’s hardly surprising they’re not going to bother too much about hiring staff that are sufficiently competent to provide adequate journalism.

  20. rave 20

    The reason that there is no stimulus package in NZ is that National are not Keynesians. They are not interested in boosting consumption to increase demand and hence supply. They are supply siders. They will take their tax cuts and subsidies and only invest if labour and other costs of production are cut to the bone via the 90 days fire at will, gut the RMA, dispense with ETS blah blah and suck Cullen’s fund dry.

    Obama’s so-called stimulus is a mixed package and it barely qualifies as a New New Deal. Most of the public spending is a direct subsidy into the pockets of the bosses (no guarantee of stimulus) much less goes into increasing consumption. Mind you that was true of the original New Deal anyway.

    What Key and Obama have in common in a concern that if they don’t present their package as pro-jobs first then popular unrest will mount and destablise actual pro-boss policies. As I pointed out on another thread, the 9 day fortnight is not pro-worker but pro-boss because it is in fact a form of creeping dole paid for by the labour and taxes of workers. But Key hopes that it will cool out the union heads and keep the lid on worker discontent more than 1000s of unemployed queuing up at WINZ.

    I thought the The Standard contributors really believed that Key’s centrist posing was designed to mask a real right wing hidden agenda. Why question that conclusion when the evidence is piling up in its favour?

    Sooner or later you’ll get it that this is a capitalist crisis that they want workers to pay by cutting wages and cutting all unproductive and unprofitable investment.

    I think its a bit weak to blame the corporate media who have been sold out for years, bullshitted us before the election and are playing Key’s little game consistently now.

    • This is what the man had to say about the financial collapse at APEC

      So now the party is over and the taxpayers of the world are left to underwrite in one form or another the liabilities and obligations of banks and, by extension, their hedge-fund clientele.

  21. rave 21

    How Obama plans to rescue Citibank without nationalising it.
    http://doughenwood.wordpress.com/2009/02/26/obama-coddling-bankers-indeed/

  22. deemac 22

    top stuff Steve, thanks. Can you remind us of the percentage of GDP that various govts are devoting to rebooting economies? then we can see how truly clueless our sorry lot are.

  23. vto 23

    rave you almosy made compleye sense again.

  24. sweeetdisorder 24

    Deemac

    “Australia’s stimulus spending announced since September 2008 now totals A$78 billion and adds to a raft of packages developed in major economies, including $819 billion in the United States and $586 billion by China.”
    http://www.cnbc.com/id/28985020

    ****
    Hon David Cunliffe

    Has the Minister seen any reports on the comparative size of the stimulus injected by the so-called rolling maul of announcements, of which today’s infrastructure package was one; if so, can he confirm that although the Australian Government has introduced stimulus initiatives of about 4.5 percent of GDP, and the US of about 5.5 percent of GDP, this Government’s stimulus initiative in this package makes up less than 1 percent of GDP?

    Hon BILL ENGLISH

    As the member will know, New Zealand has a significant fiscal stimulus—at least in comparison with the Australian and the US Governments—of around 4 percent of GDP over the next couple of years. The difference is that New Zealand went into recession 12 months earlier than those Governments, under the previous Government. The 2008 Budget cut taxes increased spending significantly, which means that by now, when the recession is deepening, the New Zealand Government unfortunately has a lot fewer options than those Governments.
    http://theyworkforyou.co.nz/portfolios/infrastructure/2009/feb/11/economic_challenges
    ****

    NZ’s is reported to be around $NZ9bil, about 4% of GDP
    http://www.stuff.co.nz/4844707a6160.html

  25. oob 25

    Merrill Lynch CEO Thain Spent $1.22 Million On Office
    http://www.cnbc.com/id/28793892/site/14081545

    unbelievable

  26. Tim Ellis 26

    I don’t know what National’s tax cut programme is, if it isn’t a stimulus package. You know, the same tax cut programmes that Labour said was only marginally larger than their own, but Labour have since said they would scrap and are proposing that National scraps theirs.

  27. Pascal's bookie 27

    Jeez Tim. National have been banging on about tax cuts for nearly a decade. It’s ideological for them.

    When there is a surplus, National wants tax cuts to ‘pay it back’.

    If there is recession, tax cuts become stimulus.

    If there is a govt deficit, but no recession, supply side laffer curve nonsense about ‘cutting taxes to increase revenue’ gets trotted out.

    IOW ‘what National’s tax cut programme is’, depends on what they are justifying it by this week.

    As you yourself once said, but couldn’t really explain, it’s about ‘believing in tax cuts’.

    • Felix 27.1

      As you yourself once said, but couldn’t really explain, it’s about ‘believing in tax cuts’.

      Oh come now Pb, you can’t hold him to that – it was before the election!

  28. Chrisburger 28

    Hang a tick.

    Didn’t right-wing, neo-liberal parties win a majority of the vote at the 2008 election? Forgive my ignorance, but I think that kinda translates into the majority of New Zealanders choosing an ideological approach geared towards fiscal restraint, even in the hard times (we had been in a recession for almost a year at the time of the 2008 election).

    So to bang on now about our government not spending up large like other countries is a little like refighting the last election, which the Left lost. It’s pointless – Kiwis made their decision.

    What’s impressive about the reaction by the government so far has been its remarkable restraint amid the temptation (primarily for electoral gain) to lavish money here, there and everywhere, further burdening future generations with an enormous load of debt just when they are supposed to be funding the boomer’s retirement (not to mention pay off their student loans).

    I do, however, beleive that contributions should continue to the Cullen Fund. Money going in now will be purhcasing shares aborad at much lower prices than the money put in 3 years ago (terrible timing by Cullen, again – is this guy really that bright?), illustrating the wisdom of the mantra of buying in a bear market.

    • Felix 28.1

      Didn’t right-wing, neo-liberal parties win a majority of the vote at the 2008 election?

      Yes, by promising not to be right-wing neoliberals.

      …but I think that kinda translates into the majority of New Zealanders choosing an ideological approach geared towards fiscal restraint, even in the hard times…

      No. See above.

      Forgive my ignorance…

      You are forgiven.

  29. Tim Ellis 29

    That’s not the point though, is it, PB? The point is that tax cuts are stimulatory (and one of Cullen’s excuses for not pursuing with tax cuts earlier was that it would provide too much stimulation in a hot market), and should be considered as part of National’s stimulatory package. National’s tax cuts are more aggressive than what Labour promised. Given Goff has now said that National should cancel tax cuts, what he’s saying is that the stimulatory effects of the tax cuts should be removed, which is the very opposite of what Steve is advocating here. If you’re going to consider the stimulatory package then that includes both tax cuts and additional spending.

    Goff has called for super contributions to remain. That also removes stimulus from the economy.

    [The NZSF contributions are not destimulatory because they're not coming at the cost of spending in the economy. Removing the tax cuts would be destimulatory but I'm adovating using the moeny on spending instead, whcih would be more stimulatory than tax cuts for the rich. SP]

  30. Pascal's bookie 30

    It’s often hard to tell what your point is though Tim. As far as I can make out, it’s “Tax cuts are good, National believes this, therefore vote National”. Everything else seems to be sophistry in service of that claim.

    (and one of Cullen’s excuses for not pursuing with tax cuts earlier was that it would provide too much stimulation in a hot market)

    And he was right. Now that you are lauding the keynesian effects of tax cuts, I’m sure you’ll be happy to admit as much.

    National’s tax cuts are more aggressive than what Labour promised.

    They are slightly bigger, and differently targetted. Whether or not they are more stimulatory than Labour’s depends at least as much on the latter as the former. Which is the point.

    I don’t really care what Goff is saying.

  31. RedLogix 31

    The point is that tax cuts are stimulatory

    Only if they are spent. But in the current environment, with asset values collapsing, the highest priority for most people will be to reduce debt. Which has no stimulatory value at all. The rest of your train of thought falls apart after that.

    We are at the beginning of a massive debt deflationary period. These things are rare, occuring only once ever 70-80 years or so. Most of what we know from our recent past will prove misleading or wrong in the next decade.

    Goff has called for super contributions to remain.

    I never thought I would say this, but increasing debt by borrowing expensive money to buy depreciating assets is probably counterproductive at this point in time. National could get away with suspending the Fund (as the legislation explcitly allows), if it also laid out acceptable conditions that had to be met in order to restart them. Simply suspending the Fund with open-endedly would be widely perceived as killing the political accord around Super, and added to their already long list of reprenhesible moves in this area.

  32. Tim Ellis 32

    SP wrote:

    The NZSF contributions are not destimulatory because they’re not coming at the cost of spending in the economy.

    That isn’t true SP. Governments have three options: adjust tax, adjust spending, and adjust savings/debt levels. Increasing savings levels as the super contribution does removes spending on the economy.

    PB, I’m not strictly speaking a Keynesian, but I take your point. Yet I’ve never said that the only positive effect of tax cuts, or that the only time to do it, is when there are large surpluses. I would argue that one of the positive effects of tax cuts is that they stimulate the economy in a downturn. Yes that’s a Keynesian argument but it’s not the only one. Labour claimed that the main motivation for its tax cuts were that surpluses were “structural”. That’s turned out to be patently wrong.

    I should clarify I’m not asking you to justify Labour’s policy. My point is though that the electorate has two broad political options in Labour or National. We don’t have a lot of an idea of what Labour would do in the current climate, except for the statements made by Phil Goff: cancelling tax cuts and maintaining super contributions, both of which probably have a more destimulating effect on the economy than anything else. I haven’t heard much of what positively stimulating policies Labour might have pursued, but given the options it seems to me that National’s plan has a more stimulating effect than Labour’s.

  33. Chrisburger – National got 45%, ACT 3.65%. Not a majority, a plurality.

    Anyway, just because the majority of people back something does not mean it is correct or above question. I’m certain you have views that the majority disagree with but that doesn’t stop you making your arguments.

  34. Snail d' silver trail 34

    some bright remarks in there, rave.. like “supplyside”.. bang on before election, government and recession responsbilities at any rate.. a reagan coining as you’ll know.

    Media deficiency.. insuffociency..? The solution to which lies in how they can be made to think about and write sensible, sensitive and intelligent copy for folks to take up..

    Well, here';s something. I’ll relate it as a start: a way of figuring things.. of stating a progessive line.. futures.. sustainable and not fall-overs..

    Governing Labor (Labour) has a name of being control freaks. National need a different mindset. Control… what?

    The new National – whether they like it or not, know it or not – operate twixt price and risk. Best risk is the priced risk. No price = uncertainty. Uncertainty is too much risk. Recession is risk!

    Yep, do more than just think about this.

    ps: once was northpaw, but I was ‘touched’ the other day and henceforth until further notice my monicker here shall be Snail.. One thing is for sure.. folks will always know where I have been nights by following the silver trail by day. :-)

    pps: has anyone else noticed how the enzed bonds market is shaping out..

    .

  35. The really sad thing about this debate is that Barack has set aside US$100b on green measures. China has decided to put a third of its stimulus package in sustainable energy projects. And our wise leadership has chosen to reverse the ban on energy inefficient lightbulbs…

    It really feels like the stupid members of your third form class have taken over and are deciding what in intellectual terms is right and wrong ..

  36. MsMac 36

    “…a true Green New Deal to not only help the US recover but also to begin to future-proof it against peak oil and work to mitigate climate change.”

    Yeah, right. For example, our lovely stimulus package has $1.7 million dollars for pig odor research in Iowa. Everyone knows that stinky pigs are absolutely prohibitive to a US recovery!

    This is only a very small example of all the great stuff (AKA PORK!) in the US stimulus package.

    I’m moving to Canada!

    • Ianmac 36.1

      Isn’t that part of the urgent need to deal with the huge problems associated with the mammoth USA pig farms? A decade or so the 1000s of pig farms were small family type concerns. Vast pig farms, I think about 50 now, have the entire production wiping out all the small units. But the environmental impact; smell, effluent pigshit, heavily poluted rivers downstrea, was catastrophic for many miles around. imagine a pigfar the size of entire Auckland city! (The Bush Admin removed environmental restrictions and hey! Here we have the reform of the RMA????) .

      • MsMac 36.1.1

        The project is truly about reducing the odor, not the environmental impact. Non stinky pig poo is just as bad on the environment. This isn’t some much-needed project that’s going to fix the nation or even the environment. It’s a wasteful pet project aimed at getting some Democratic in Iowa re-elected. That is what the US Stimulus package is all about keeping the Democrats in power.

  37. expat 37

    [lprent: deleted - troll comment]

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    Labour | 29-08
  • No healthy economy without a healthy environment
    Labour recognises that we cannot have a healthy economy without a healthy environment, says Environment spokesperson Moana Mackey announcing Labour’s environment policy. “New Zealand’s economy has been built on the back of the enormous environmental wealth we collectively enjoy as...
    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
  • Are the Greens about to be snookered by a Labour-NZ First Government?
    I wrote last week that it was smart politics that the Greens pointed out they could work with National, the soft blue vote that’s looking for a home in the wake of Dirty Politics isn’t going to Labour, so the...
    The Daily Blog | 16-09
  • BLOGWATCH: Fonterra join 2Degrees and boycott Whaleoil
    In the wake of Dirty Politics, advertisers are pulling their advertising out of Whaleoil. PaknSave, Evo Cycles Pukekohe, Localist, 2 Degrees, Fertility Associates, iSentia, NZ Breast Cancer Foundation, Maori TV, Bookme.co.nz, Dobetter.co.nz and the Sound are now joined by Fonterra...
    The Daily Blog | 16-09
  • PM Key accused of allowing secret ‘spook’ cable sensors to spy on citiz...
    Pulitzer prize-winning journalist Glenn Greenwald (left) and Kim Dotcom at the “moment of truth” political surveillance meeting in Auckland last night. Image: PMW By ANNA MAJAVU of Pacific Media Watch NEW ZEALAND Prime Minister John Key has been accused of...
    The Daily Blog | 15-09
  • Fiji pre-election ‘politics’ blackout stirs media protests, frustration
    BLACKOUT DAY – Monday, day one of the “silence window” in Fiji leading up to the close of polling in the general election at 6pm on Wednesday. And this is under the draconian threat of a $10,000 fine or five...
    The Daily Blog | 15-09
  • “Now the work of movements begins”: government corruption, media bias, ...
    I am so tired of the dirty politics of the National government, aren’t you? I am tired of John Key and his pathetic attacks on award-winning journalists who have spent their careers fighting and digging for truth and good. The...
    The Daily Blog | 15-09
  • Moment of Truth review, smoking guns and the awful coverage by the NZ msm
      There were queues unlike any the Town Hall has seen, 1000 were turned away once it became full…     …full to the rafters. The energy and atmosphere within the room was extraordinary, and it begun…   …Glenn Greenwald...
    The Daily Blog | 15-09
  • Why Maori TV’s Te Tai Tokeraou Poll will be proved wrong
    If Hone Harawira had a dollar every time the media wrote off his chance of winning Te Tai Tokeraou, he would have more money than Kim Dotcom. Remember the by-election? Hone was 1 point ahead of Kelvin in an exact...
    The Daily Blog | 15-09
  • September 15 RNZ interviews – and then the Moment of Truth
    . Acknowledgement: Emmerson . 15 September – Leading up to the Moment of Truth public meeting this evening, these Radio NZ interviews are worth listening to; . Alt link . Alt link . Alt link . Alt link . Alt...
    The Daily Blog | 15-09
  • Live Stream: Moment of Truth Tonight 7pm
    Live Video Stream by eCast: The Daily Blog will Live Stream the Moment of Trust public meeting from 7pm. The meeting will feature Glenn Greenwald, Kim Dotcom, Robert Amsterdam, and a very special guest…...
    The Daily Blog | 15-09
  • The proof Key lied about GCSB mass surveillance
    And we start getting to the evidence that proves Key has lied about mass surveillance. The article by Glenn Greenwald is out and it is beyond damning… Documents provided by NSA whistleblower Edward Snowden show that the government worked in...
    The Daily Blog | 15-09
  • A brief word on the Ede-Slater emails
    Every day I have rushed to read the paper to see if a breaking story on the Ede-Slater emails had broken yet. They haven’t. Day after day, where are these emails? We know Rawshark sent the emails to David Fisher...
    The Daily Blog | 15-09
  • The email that proves Key is a liar
    This is the Email proving Key knew about Kim Dotcom before he claims he did… “We had a really good meeting with the Prime Minister. He’s a fan and we’re getting what we came for. Your groundwork in New Zealand...
    The Daily Blog | 15-09
  • Henchmen
    Henchmen...
    The Daily Blog | 14-09
  • Why it simply isn’t credible that Key stepped in and shut down the mass s...
    Key’s staggering admission that yes there was a year long business model by the GCSB to mass spy on all of NZ but  that he stepped in and shut it down after Cabinet had signed it off just sounds like make...
    The Daily Blog | 14-09
  • John Key’s love affair with a straw man
    Politicians like putting up straw men for the purpose of self-righteously knocking them over. Prime Minister John Key has a particular straw man he loves to punch over. He raises it whenever he’s asked about mass surveillance of New Zealanders...
    The Daily Blog | 14-09
  • John Armstrong turns on Glenn Greenwald
    Where does a mediocre journalist like John Armstrong get off attacking a journalist with the credibility of Glenn Greenwald as he has in his ridiculous column today? Armstrong has the audacity to try and play the terrorism card to justify why...
    The Daily Blog | 14-09
  • GUEST BLOG: Denis Tegg – Which of John Key’s many statements on the GC...
    We already have Glenn Greenwald’s assertion on The Nation that John Key has misled New Zealanders as to whether the GCSB has engaged in mass surveillance of Kiwis. But Key has made many other statements about the GCSB’s powers and...
    The Daily Blog | 14-09
  • Election 2014: Numbers and Faces
    Democratic politics is a game of numbers and faces. How can we translate the numbers into the 120 or more faces that will be in the next Parliament? Below is my prediction of a likely result: 120 people, divided by...
    The Daily Blog | 14-09
  • Scotland the brave
    The possibility that Scotland will vote for independence this Thursday has panicked the British establishment. An unholy alliance of Tory, Labour, Liberal and corporate leaders has resorted to fear-mongering and bullying on grand scale in a last ditch effort to...
    The Daily Blog | 14-09
  • Why Key’s denials sound so off and why Dotcom’s fight is all our fight
    The shrillness of Key is the issue. His denials just too forced and rehearsed. Key has gone from Hollow Man to Shallow Man with his lashing out at Pulitzer Price winning Journalist Glenn Greenwald by calling him a ‘henchman’. This...
    The Daily Blog | 14-09
  • Letters to the Editor – Spies, Lies, Five Eyes, and other matters on a S...
    . . Sharing a few thoughts and observations with newspaper editors around the country… . from: Frank Macskasy <fmacskasy@gmail.com>to: Sunday Star Times <letters@star-times.co.nz>date: Sun, Sep 14, 2014 subject: Letter to the Editor . The Editor Sunday Star Times . Our...
    The Daily Blog | 14-09
  • Letters to the Editor – Spies, Lies, Five Eyes, and other matters on a Su...
    . . Sharing a few thoughts and observations with newspaper editors around the country… . from: Frank Macskasy <fmacskasy@gmail.com>to: Sunday Star Times <letters@star-times.co.nz>date: Sun, Sep 14, 2014 subject: Letter to the Editor . The Editor Sunday Star Times . Our...
    The Daily Blog | 14-09
  • As TDB predicted, Labour to use universal super fund to buy back assets and...
    Greens about to be snookered again?   As The Daily Blog has pointed out several times now, Labour will use a universal super fund to buy back NZs assets in a bid to offer Winston a legacy project… Labour plans...
    The Daily Blog | 13-09
  • A lesson in caring for our most vulnerable
    Some of the comments on this article make me sick. Because I am so very much over people who think they are better than others because things have gone their way in life and think those who aren’t as functional...
    The Daily Blog | 13-09
  • GUEST BLOG: Anjum Rahman – Please vote positive
    One of the features of campaigning is the meet-the-candidates event.  As an opportunity to present policies to the voter, they aren’t the best vehicle but still serve a useful purpose.  The problem is that there are too many candidates and...
    The Daily Blog | 13-09
  • For this who don’t vote this election
    For this who don’t vote this election...
    The Daily Blog | 13-09
  • Where does Key get off abusing a Pulitzer prize winning Journalist like Gle...
    We are seeing the Dirty Politics PM today when Key decided the best way to counter the Glenn Greenwald claims of GCSB mass surveillance was to denigrate Greenwald… Prime Minister John Key says he will prove Glenn Greenwald’s claims by the...
    The Daily Blog | 13-09
  • Teflon Man No More
    . .   On 26 August, as Nicky Hager’s expose on New Zealand’s right wing politics hit public consciousness and confirmed our worst fears, I wrote, “Dirty Politics” has achieved more than simply revealing  unwholesome machinations between National party apparatchiks,...
    The Daily Blog | 13-09
  • Dear mainstream media – regarding Key’s promise to resign if GCSB expos...
    Dear Mainstream media. How’s it all going? I would like to acknowledge the deep depression many members of the Press Gallery are going through as their boy Key looks less and less likely to win. I appreciate how a loss...
    The Daily Blog | 13-09
  • It’s official: ACT’s Jamie Whyte is several-sandwiches-and-a-salad sho...
    .   . There aren’t very many times I agree wholeheartedly with our Dear Leader – but on this occassion I believe he spoke for those 99% of New Zealanders for whom common sense is as natural as breathing air....
    The Daily Blog | 13-09
  • ‘I’ll not be intimidated … by cowards’, says Fiji death threat jour...
    Fiji Sun’s Jyoti Pratibha … death threats via fake Facebook profiles. Image: Pacific Scoop THE PARIS-based media freedom advocacy organisation Reporters Sans Frontières and the Pacific Media Centre have condemned threats and intimidation against political reporters this week covering Fiji’s...
    The Daily Blog | 12-09
  • Glenn Greenwald on TV3s ‘The Nation’ – Everyone remember when Key pro...
    Glenn Greenwald has just given his first NZ interview on TV3s ‘The Nation’ and what he had to say was incredibly damaging. Glenn is here for Kim Dotcom’s Moment of Truth on Monday and what he has just had to...
    The Daily Blog | 12-09
  • What will soft National vote do, why Colin Craig will be a focus in final w...
    In what has been the most unpredictable elections of our time, the final week promises more shocks and bombshells than World War One trench warfare. We have the media who still have the Rawshark emails that detail the Ede-Slater exchanges....
    The Daily Blog | 12-09
  • Would a National-Conservative Party reduce rights to an abortion? Legalise ...
    With the possibility of a Conservative-National Party coalition looming, let’s consider the impact of this new hard right religious Government on social policy. We know Conservative Party candidate Edward Saafi, believes the inability to legally bash your kids is responsible for teenage prostitution, teenage pregnancy and...
    The Daily Blog | 12-09
  • ACTs solution to crime – more guns?
    How insane are the ACT Party? Honestly? Their solution to crime is to arm every shop keeper with a sawn off shotgun??? “Criminals are well aware that shopkeepers are defenceless and are taking advantage of this in brutal robberies. What...
    The Daily Blog | 12-09
  • John Key’s gift to teenage girls…
    Yesterday I was at the MANA Movement policy release on “Predators on Poverty” in the Otahuhu Shopping Centre. Successive Labour and National governments have left vulnerable communities on their own to face these merciless thieves who prey on the poor...
    The Daily Blog | 12-09
  • Poverty denial – Where does National get its advice from?
    National is displaying a quite inadequate understanding of their own policies and worrying inability to respond to criticism. When John Key trots out his old, tired example of how ‘work pays’ on Morning Report this week to justify leaving 260,000...
    The Daily Blog | 12-09
  • Education reformers mean well, so what’s the problem?
    The thing about education reformers is that, mostly, they mean well. Whether it’s charter schools, National Standards, Teach First, or another reform, many people involved have good intentions.  They want to improve things, try something new and innovate, they say. The thing...
    The Daily Blog | 12-09
  • My brain hurts
    My brain hurts.  This election year has been a really long nine months.  The lies, the headlines, the spin, the policy, the chat, I am literally overloaded with information.  At times it’s been exhausting trying to keep up.  However I...
    The Daily Blog | 12-09
  • Slater loses Blomfield defamation case – has to pays costs & must dis...
    Great victory for Journalism today. The Defamation case Matt Blomfield took against Slater has jumped its first hurdle, Slater has been told he might be a ‘Journalist’, but he has no right to journalistic protection of his sources because there was no...
    The Daily Blog | 12-09
  • Seeing an Economic Vision
    It has been some time since my last post to TDB. I was fortunate to recently come back to NZ briefly for a bit of a break from my work in Pakistan. While my visit was super short, I took...
    The Daily Blog | 11-09
  • 5 reasons why anyone identifying as Left with a capital L should party vote...
    There are 5 reasons why anyone identifying as Left with a capital L should consider casting their party vote for Internet MANA this election. 1 – Feed the Kids: There is no excuses now that National have flirted with the idea...
    The Daily Blog | 11-09
  • What I want from a change of government
    The prospects for a change of government look a little brighter so I though I’d look at what we can expect. The only option being provided by Labour, the main opposition party, is for a Labour, Green, NZ First coalition....
    The Daily Blog | 11-09
  • Why is the “Progressive” Coalition so Regressive?
    Have you ever, when parallel parking, got yourself wedged into the curb? The car in front is centimetres away and your rear wheel is touching the curb at an angle. This is a metaphor for the state of economic policy-making...
    The Daily Blog | 11-09
  • Of course the Greens could work with National
    A warm soy latte with John Key?   Sharp in take of breath moment as TVNZ last night reported Greens could work with National post the election if National win. It’s a smart move. The Greens are so viciously anti-tribal...
    The Daily Blog | 11-09
  • Coalition for Better Broadcasting – Quality of Journalism
    “Skilled journos getting unwarranted shit from hack bloggers & online warriors could earn big $ in PR/marketing, so thank you for what you do”. As this tweet rolled across my screen this morning the irony had me rolling my eyes. Why on...
    The Daily Blog | 11-09
  • GUEST BLOG: Curwen Rolinson – #BlueGreen2014 – Or: The Media Jetskiis O...
    During Thursday’s iteration of One News, I was virtually shocked off my seat to hear a reasonably well-known political pundit slash nominal “journalist” prognosticating about the likelihood of the Green Party “switching gear” on its electoral strategy … and deciding...
    The Daily Blog | 11-09
  • GUEST BLOG: Michael Wood – Winning on the Economy
    One of the great tricks of the right over the past twenty years has been to desiccate debate about our economy. ‘The economy’ is spoken about as if it is an independent entity, divorced from the realm of democratic politics...
    The Daily Blog | 11-09
  • GUEST BLOG – Curwen Rolinson – They’re tryna build a prison system ...
    Well, at least we now know how National intends to deliver that extra hundred and fifty thousand jobs they’ve promised us. Although on sixty cents an hour, it’s not *quite* the reasonable pay packet – or, hell, living wage that...
    The Daily Blog | 11-09
  • 5AA Australia: NZ General Election is in full swing September 11 2014
    5AA Australia: Selwyn Manning and Peter Godfrey discuss the fallout from the dirty politics revelations and also how the political leaders are fairing. The NZ General Election is in full swing. Since we last talked, the fallout from the dirty...
    The Daily Blog | 11-09
  • Parties Back Rethink of WINZ Shared Care Parenting Laws
    Overwhelming Majority of Parties Back Rethink of WINZ Shared Care Parenting Laws. Press release- Fifty Fifty Campaign, 16 September 2014 National is the only political party willing to defend the way WINZ treats separated parents who share their kids...
    Scoop politics | 16-09
  • Parents Smacking Down Prime Minister
    "John Keys failure to deliver on his promise to change the anti-smacking law is costing National votes, and helping the Conservative Party," says Colin Craig....
    Scoop politics | 16-09
  • Political Debate on Family Violence – Video & Audio
    The Dunedin Collaboration Against Family Violence was happy to host a political debate on Family Violence chaired by Professor Nicola Atwool of the University of Otago. Family Violence is a huge problem in our community and we invited representatives...
    Scoop politics | 16-09
  • Greens Take Nanny State To A New Level
    Family First NZ is labelling the Green’s ‘welcome package’ for newborns policy as wasteful and misdirected. “This policy is taking ‘nanny state’ to a new level but indicates just how much the Greens want to intervene in family life,”...
    Scoop politics | 16-09
  • 2,100 people send message about dirty politics
    2,100 people have signed their name to a full-page open letter featuring in the New Zealand Herald this Wednesday. The letter is designed to send a message to politicians that dirty politics is an important election issue....
    Scoop politics | 16-09
  • Are DoC manipulating Rat Numbers?
    Ban 1080 Political Party co-leader Bill Wallace says there are serious rumours DoC has changed their rat counting technique to cover up the lack of the mythical “Rat Plague” claimed by the Department in Kahurangi National Park, and also that...
    Scoop politics | 16-09
  • Average Full time Student Is in Financial Distress
    A new survey has found that nearly half of all full time students are in significant financial distress....
    Scoop politics | 15-09
  • Key and Cunliffe, research revealed by Ancestry.com.au
    Contrasting family histories of John Key and David Cunliffe, revealed by research from Ancestry.com.au....
    Scoop politics | 15-09
  • Revelations a Damning Indictment of Key’s Honesty
    The Prime Minister’s honesty is now central to the election, says Internet Party Leader Laila Harré, following the revelations of whistleblower Edward Snowden that there is mass surveillance of New Zealand citizens by the GCSB....
    Scoop politics | 15-09
  • Organisations Have ‘Duty of Care’ for Players says Law Firm
    Concussion injuries in amateur and professional sporting arenas are currently highly topical. Concussion potentially appears to have been implicit in the recent death of a young player in Northland....
    Scoop politics | 15-09
  • Media Release from Closing the Gap on Health and Housing
    “Inequality is the biggest problem facing New Zealand at the present time” says Peter Malcolm National Secretary of Closing the Gap. It underlies many of our social ills, poverty, lack of trust, an economy that could do much better, and...
    Scoop politics | 15-09
  • Expanding Whānau Ora – a bottom line for Māori Party
    Leaving the best to last, the Māori Party has launched its Whānau Ora policy today following a fun family event at Te Ore Ore Marae in Masterton last night. “When we change what happens in our homes, we change what...
    Scoop politics | 15-09
  • Colin Craig’s Incredible Claims Continue
    Hot on the heels of a Conservative Party candidate proposing to double the price of a bottle of wine, Colin Craig has come up with an even more fantastic idea to buttress his uncosted tax policy....
    Scoop politics | 15-09
  • The Letter: Jamie Whyte is going to Parliament
    Friday night’s TVNZ Colmar Brunton poll puts Jamie Whyte in Parliament. TVNZ rounded down the poll result (ACT was on 1.2%). With the high wasted Conservative vote, just 1.2% makes Jamie an MP. It is ACT, not NZ First that...
    Scoop politics | 15-09
  • Why are we letting Dotcom steal our election?
    Why are we letting a convicted German fraudster and his American polemicists steal our election?...
    Scoop politics | 15-09
  • ACT’s five point plan
    ACT has a five point plan to grow the economy by a third. To lift economic growth from the Treasury's long term forecast of just two percent to three....
    Scoop politics | 15-09
  • Christchurch rebuild cost sharing plan must be improved
    “The agreement between the government and the Christchurch City Council about sharing costs of the rebuild is due to be revised in December, as some costs are more accurately known now than they were originally,“ says Warren Voight, Local...
    Scoop politics | 15-09
  • ‘Key vs. Cunliffe’ Final Live NZ Election Reactor
    ohn Key and David Cunliffe go head to head for the final time on TV One on Wednesday as Election Day looms. Roy Morgan wants to know what you think about their performance as the leaders try one last time...
    Scoop politics | 15-09
  • Chamber welcomes Business Growth Agenda priorities
    Wellington Employers’ Chamber of Commerce welcomes the National Government’s 10 highest priorities for its Business Growth Agenda as essential to continuing strong business performance and economic growth....
    Scoop politics | 15-09
  • #SafeSource NZ – A secure way to share the truth
    Dirty politics and a dirty environment go hand in hand. Our country’s future as a fairer, cleaner, more prosperous place is being threatened by backroom deals, corporate cronyism and a lack of transparency....
    Scoop politics | 15-09
  • Last vid to encourage youth vote
    Here's the third and final in our series to boost the youth vote. It's called CINDER and it's a play on the popular dating app....
    Scoop politics | 15-09
  • Fee hikes restrict student choices
    A survey of 5000 students from across the tertiary sector shows that tuition fees have increased at the maximum level permitted. Fees are constraining students’ choices more than ever before. Although tuition fees are only permitted to increase...
    Scoop politics | 15-09
  • ACT’s five point plan to grow the economy
    ACT has a five point plan to double the rate of economic growth. The Treasury long term forecast for growth is 2% a year. We can lift it to 4%....
    Scoop politics | 15-09
  • iPredict Daily Election Update
    National’s forecast party vote has risen to 45.3% over the last day, at the expense of Labour and the Greens, according to the combined wisdom of the 8000+ registered traders on New Zealand’s predictions market, iPredict. A National/Act/UnitedFuture/Maori...
    Scoop politics | 15-09
  • National’s economic strategy attack workers’ rights
    The National Party’s ‘Workplaces’ policy confirms that their economic growth strategy relies on attacks on workers rights, according to FIRST Union....
    Scoop politics | 15-09
  • Questions Raised Over Cow Deaths
    The death of 200 cows after eating a new variety of PGG Wrightsons HT swedes [1] is a disaster for New Zealand farmers....
    Scoop politics | 15-09
  • Final decision on Ruakura Development Plan Change
    The independent Board of Inquiry considering the Ruakura Development Plan Change has released its final report and decision. The Board has approved the plan change request but with amendments....
    Scoop politics | 15-09
  • Confirmed – Smacking Law Needs Correction
    Family First NZ says that the ONE News Vote Compass survey showing only 23% support the anti-smacking law is no surprise, and confirms that it’s time the politicians listened to New Zealand families....
    Scoop politics | 15-09
  • Kiwi voters urged to heed warnings
    Kiwi voters would do well to note the advice given this week to Queensland people by retired judge and renowned corruption fighter Tony Fitzgerald, according to Democrats for Social Credit health spokesman David Tranter....
    Scoop politics | 15-09
  • Fisheries policy analysis produces surprising results
    Nine political party policies were analysed to determine which party had the most public friendly fisheries policy and the results surprised LegaSea, an apolitical fisheries lobby group. “For the first time, recreational fishers have been offered...
    Scoop politics | 15-09
  • $3m to help keep Hutt families healthy
    National Party candidate for Hutt South, Chris Bishop, welcomes news Hutt City Council has been selected to lead a $3 million anti-obesity initiative in Lower Hutt which will help families improve their health. “Healthy Families NZ is National’s new...
    Scoop politics | 15-09
  • Community organisations struggling
    The survey, conducted by community sector network ComVoices, highlights the high level of frustration and urgency being felt by those who deliver services, says group Chairperson, Peter Glensor. 311 organisations completed the survey....
    Scoop politics | 15-09
  • NZ 2014 Election Index – 6-11 September
    Below is iSentia’s weekly Election Index for the period 6 to 11 September, showing the relative amount of coverage of nine Party Leaders in the lead up to the National Election across news media and social media. We will publish...
    Scoop politics | 14-09
  • Workers despair at Nationals lack of fairness
    “Nationals Workplaces policy, released today, fails to articulate any vison about how life for working New Zealanders can be improved.” CTU President Helen Kelly said. “Again if this policy focusses on removing work rights, its own documents...
    Scoop politics | 14-09
  • National tries to dodge the discussion on workers’ rights
    New Zealanders deserve a proper conversation about National’s plans to keep undermining the real value of their wages and conditions at work. “Today National has released a ‘workplace policy’ which will further widen the imbalance of power between...
    Scoop politics | 14-09
  • Didn’t Get Your Easyvote Pack? You Need to Enrol Now.
    If you didn’t get an EasyVote pack in the mail last week, you need to check your enrolment now as you may not be enrolled....
    Scoop politics | 14-09
  • Survey shows television without adverts could be vote winner
    Survey shows television without adverts could be a vote winner Television news focuses too much on politicians' personalities and not enough on the real issues, according to a UMR survey commissioned by the Coalition for Better Broadcasting....
    Scoop politics | 14-09
  • Which of Key’s many statements will Greenwald challenge?
    John Key's credibility and honesty will be tested on many more GCSB issues than whether there was / is mass surveillance of New Zealanders by the GCSB. I have put together this by no means comprehensive list of Key's statements...
    Scoop politics | 14-09
  • 4th tranche of Auckland Housing Accord licenses sprawl
    Youth organisation, Generation Zero, is appalled at the next stage of the Auckland Housing Accord, released today, as it is once again focussed on urban sprawl. The fourth tranche of 41 Special Housing Areas (SHAs), allows for 8000 dwellings, nearly...
    Scoop politics | 14-09
  • New funding to support high value food exports
    Auckland, New Zealand. 15 September 2014...Plant & Food Research has received funding for two new projects in the latest government science investment round....
    Scoop politics | 14-09
  • National, Greens Big Movers on Bribe-O-Meter
    The Taxpayers’ Union has updated its election policy 'Bribe-O-Meter’ to reflect the cost of recent campaign promises. The update takes into account Labour’s new fiscal tables and all announcements up to Friday and is based on numbers provided...
    Scoop politics | 14-09
  • Policy Costing Expert Questions ‘NZ Power’ Numbers
    Dr Michael Dunn, engaged by the Taxpayers’ Union to provide the figures for the 'Bribe-O-Meter' election costing website , is questioning the Labour Party’s costing of it’s flagship "NZ Power” policy....
    Scoop politics | 14-09
  • Meet the Real Colin Craig
    Watching Conservative Party leader Colin Craig struggling to explain his tax policy on The Nation this morning finally revealed that he is making dishonest promises....
    Scoop politics | 14-09
  • Lifetime Achiever Generous of Investment in Whanau Ora
    Earlier this month, Maori Party's Te Tai Tonga and Christchurch based candidate, Ngaire Button, said she was rapt local hero, Tihi Puanaki, was named Regional Winner of the Pride of NZ 2014, Lifetime Achievement Award. Button is clearly delighted...
    Scoop politics | 14-09
  • Bigger than the Foreshore And Seabed
    “Over the past week I have received some disturbing information that has led myself and a number of Maori lawyers to conclude that this National - Maori Party - ACT and United Future Government are going to put an end...
    Scoop politics | 14-09
  • New Zealand’s participation in Five Eyes
    “Our policy is we're committing to a full review of all of New Zealand's security services. We will be repealing the GCSB legislation and we will replace it with something that is guaranteed to be more protective of New Zealanders...
    Scoop politics | 14-09
  • Once in a Lifetime travels north!
    After Once in a Lifetime ’s packed launch and sold-out panel discussion at the Christchurch Word Writers and Readers Festival, members of the editorial team are presenting the book to Auckland and Wellington audiences, in an attempt to increase...
    Scoop politics | 14-09
  • Q+A: The role of the GCSB and our participation
    Green Party co-leader Russel Norman told TV One’s Q+A programme that they would close Waihopai and review the role of the GCSB and our participation in Five Eyes....
    Scoop politics | 14-09
  • NZ First poll shows Labour coalition more likely than ever
    New Zealand First’s East Coast candidate, Mere Takoko, has revealed that her party’s internal polling shows Labour’s Moana Mackey is just 2 percent away from winning the East Coast electorate seat from incumbent Anne Tolley....
    Scoop politics | 14-09
  • iPredict Daily Update
    Initial allegations made by journalist Glenn Greenwald yesterday appear to have dented National’s chances of leading the next Government, according to the combined wisdom of the 8000+ registered traders on New Zealand’s predictions market, iPredict,...
    Scoop politics | 14-09
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