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Economy

Posts on the economy, work, business, income, and labour

Categories under Economy

Why isn’t govt hitting ute much harder?

Written By: - Date published: 7:52 am, July 26th, 2021 - 7 comments

Aotearoa has been super sizing its vehicle fleet for over a decade and given Jacinda Ardern claim that Climate Change as her generation’s nuclear-free moment, why is her government not smacking ute owners and other gas guzzlers much harder than the just the feebate? Large vehicles increase climate change and wild weather. Fringe Benefit tax is payable on them and usually not collected. Plus they are deadly dangerous to pedestrians and other vehicles.

Why Not Support The Farmers?

Written By: - Date published: 8:43 am, July 17th, 2021 - 106 comments

The Groundswell farmers movement want the new freshwater policy scrapped, the “ute tax” removed, lots of imported labour for farm work, parts of the ETS dumped the new Significant Natural Area policy dumped, the draft policy on indigenous biodiversity scrapped and Crown Pastoral Land Reform Bill stopped.  How likely is this?

Minister Robertson’s Economic Development Strategy

Written By: - Date published: 7:32 am, July 15th, 2021 - 20 comments

Minister Roberston’s recent speech to the Trans Tasman Business Circle sets out both how this government is using the pandemic to reset whole sectors of the economy, and also how it is getting its head around economic and social challenges. The points made were unsurprising, but his intended direction was unclear.

The billionaire race into space

Written By: - Date published: 8:06 am, July 12th, 2021 - 90 comments

UK billionaire Richard Branson has won the rich man’s pissing competition by being the first billionaire into space even though 12 months ago he was urgently seeking Government grants while at the same time paying no tax because of his tax residency status.

RNZ’s Chinese Spies story doesn’t add up

Written By: - Date published: 10:00 am, July 2nd, 2021 - 47 comments

On Monday, RNZ reported that “Chinese Communist Party spies are infiltrating New Zealand universities”. Our guest poster views this thin and anecdotal ‘investigative’ reporting with deep suspicion. Was any of this activity was reported to the proper authorities. Or is it just the usual paranoia / racist dog-whistling or a paid story?

The Pausing of the Travel Bubble

Written By: - Date published: 9:11 am, June 28th, 2021 - 81 comments

So far there have been no discovered cases of community spread of the Covid delta variant in Wellington following the recent visit by an Australian tourist who was infected with the variant.  Meanwhile in Australia the authorities are trying to stamp out community flareups that are appearing in different parts of the country.

Let the Mills die

Written By: - Date published: 1:03 pm, June 24th, 2021 - 13 comments

From Kawerau to Nelson to Tiwai Point, our accelerated decline of heavy mass manufacturing factories continues.

The Rock is moving

Written By: - Date published: 11:09 am, June 22nd, 2021 - 5 comments

Since real estate is that machine that relentlessly powers our society and most of our economy, it’s already worth checking whether this governments’ recent policy changes are starting to have some of its intended effects.

Social insurance, a premium not afforded to all.

Written By: - Date published: 12:02 pm, June 20th, 2021 - 59 comments

One of the details announced in the budget was funding to explore a ‘social unemployment insurance’ scheme. This scheme has been pushed by the Council of Trade Unions and Business NZ, which will work with the Government in a newly set-up Tripartite Working Party. When we dig into it though, we realise it is no safety net. It’s a parachute that slows our drop, giving us time, before we hit that real net – down so far below. 

Public transport, to complement cycling?

Written By: - Date published: 7:23 am, June 17th, 2021 - 51 comments

Jenny looks at extending public transport to include cyclists

The America’s Cup is just another spinoff

Written By: - Date published: 7:18 am, June 17th, 2021 - 36 comments

We need less presumed hold over Team New Zealand, and more encouragement of more spinoff businesses that make their way in the world.

The week when Scomo came to visit

Written By: - Date published: 11:12 am, June 6th, 2021 - 5 comments

This week has seen the Australian Broadcasting Corporation to suggest that Australia is adopting a principled stand and New Zealand has sold its soul to China for trade.  But the comments by Morrison and Ardern made after their Queenstown meeting suggests the opposite.

The National Party Caucus knew nuffink about Nick Smith’s problems

Written By: - Date published: 8:39 am, June 2nd, 2021 - 40 comments

Last night the story about Nick Smith’s issues that caused his resignation finally broke, or did it?

 

Riverton rocks: support the pilot for social and economic rejuvenation and resilience in rural NZ

Written By: - Date published: 6:05 am, May 31st, 2021 - 12 comments

The South Coast Environment Centre is creating a local food network that connects growers and customers directly, creates food resiliency, and keeps money in the local economy. Today is the last day of their Pledgeme, and they need a bit more support to push them over the top.

Cycling Politics is Winnable Politics

Written By: - Date published: 3:43 pm, May 29th, 2021 - 100 comments

This Sunday Aucklanders have an opportunity to protest the catastrophic failure of NZTA to generate a cycleway from the North Shore to the CBD, and to promote a practical proposal to “liberate a lane” on the Harbour Bridge which would do the job in the meantime.

New Zealand’s Perverse Economy

Written By: - Date published: 7:28 am, May 29th, 2021 - 37 comments

At a forecast farm gate milk price of between NZ$7.25 and NZ$8.75 per kilo of milk solid, Fonterra is going to fill up its milk tankers, drive back to their suppliers with cash and pump it straight back into the farmhouse like we haven’t seen in a decade.

Cycling Politics Is Damn Serious Business

Written By: - Date published: 7:12 am, May 26th, 2021 - 73 comments

Don’t knock local politics until you’ve had to stand up and defend a cycleway in public.

The right bring out the big guns

Written By: - Date published: 8:23 am, May 25th, 2021 - 39 comments

This is day five of the post Ruthenasia era and the response from the right is really underwhelming.  The most notable response is a comment by Peter Dunne questioning whether 11 year olds are ever interested in politics.

Taxpayer’s Union comrades celebrate glorious Socialist revolution

Written By: - Date published: 9:58 am, May 22nd, 2021 - 31 comments

It is good to see our comrades in the Taxpayers Union celebrate the glorious Socialist revolution that is currently engulfing Aotearoa.

Where Did Business Go?

Written By: - Date published: 8:56 am, May 22nd, 2021 - 34 comments

Back in the day when we had useful Opposition, business leadership could be relied upon to think as if they had interests in common as business. This budget, their ability to think let alone lead has deserted them.

“I am a socialist”

Written By: - Date published: 10:11 am, May 21st, 2021 - 43 comments

and proud of it.

The end of Ruthenasia

Written By: - Date published: 8:03 am, May 21st, 2021 - 61 comments

National presented a particularly glum picture in Parliament yesterday.  And it was not only the realisation that Judith Collins is out of her depth. It was because this budget spells the end of Ruthenasia.

What local food can look like (and why)

Written By: - Date published: 6:05 am, May 21st, 2021 - 10 comments

The South Coast Environment Centre is creating a local food network that connects growers and customers directly, creates food resiliency, and keeps money in the local economy. This is an exemplar of climate, economic and community sustainability.

Budget 2021

Written By: - Date published: 12:37 pm, May 20th, 2021 - 71 comments

Headline change, budget is lifting weekly main benefit rates by between $32 and $55 per adult to tackle inequality and child poverty, as well as reinstating the Training Incentive Allowance.

Housing, an update of sorts

Written By: - Date published: 6:05 am, May 18th, 2021 - 31 comments

Anarkaytie writes about the history of the housing crisis in New Zealand and how tiny housing provides some of the solutions.

C’mon National!

Written By: - Date published: 1:27 pm, May 17th, 2021 - 20 comments

Forlorn for now though they may be, this is the advice National MPs need right now.

Guest post – let the outrage continue!

Written By: - Date published: 8:24 am, May 13th, 2021 - 29 comments

Outrage at suggestions that nurses, teachers, social workers, and doctors were not worthy of a pay rise this year has been swift.

Government backs away from public service wage announcement

Written By: - Date published: 8:02 am, May 12th, 2021 - 34 comments

Some good news from yesterday.  The Government has decided to walk back earlier comments suggesting a wage freeze for teachers and nurses.

Onya Michael

Written By: - Date published: 8:47 am, May 8th, 2021 - 34 comments

Yesterday Minister of Labour Michael Wood led the announcement of a policy that conceivably could do more to address the decline in workers wages and conditions over the past 40 years than anything else tried recently.

The Public Service pay freeze

Written By: - Date published: 6:05 am, May 8th, 2021 - 18 comments

Mindboggling.

Branko Marcetic: Labour’s public sector pay freeze isn’t just a betrayal of frontline workers – it’s a rejection of mainstream economic thinking

Written By: - Date published: 6:04 am, May 8th, 2021 - 24 comments

Consistent with how they’ve governed so far, Ardern and Robertson are happy to demand workers sacrifice for the greater good — but asking the rich to do the same is a red line they simply won’t cross.

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