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The Reserve Bank Reform Bill

Written By: - Date published: 7:23 am, December 7th, 2018 - 11 comments

The Government is planning changes to the Reserve Bank Act to require it to seek full employment. Maybe it is time for a dramatic change to its powers so that it has the regulatory powers to properly deal with the Australian banks.

Employment Law Changes; A Win for the Workers

Written By: - Date published: 9:28 am, November 28th, 2018 - 40 comments

The Labour Party sponsored amendments to the Employment Relations Act are a step closer to becoming law. That’s a good thing for working people and a good thing for coalition politics.

Go Bus Lockout; Hypocrites Ngai Tahu and Tainui Screw Workers

Written By: - Date published: 1:31 pm, November 19th, 2018 - 70 comments

Ngai Tahu and Tainui remind us that they like exploiting working people as much as the next capitalist. They’ve locked out their Waikato bus drivers for asking to be paid the Living Wage.

Electricity again

Written By: - Date published: 3:05 pm, November 12th, 2018 - 146 comments

It is time for the Government to down the electricity corporates and regulate them in the interests of the citizen.

Too many jobs being created

Written By: - Date published: 2:20 pm, November 7th, 2018 - 14 comments

The latest unemployment data showing the jobless rate falling to under 4% follows the equally bad 1.0% economic growth in the September quarter and a budget surplus of $5.5b, confirming the economy is going down like Donald Trump, as predicted by the ANZ Bank’s business confidence survey

KiwiBuild doesn’t fly.

Written By: - Date published: 10:29 am, November 2nd, 2018 - 215 comments

More than that, it needs to be torn down before it makes a serious bid at flight.

Getting rid of bitcoin could help save the planet

Written By: - Date published: 9:09 am, November 1st, 2018 - 39 comments

There is a rather simple way for the world to do something significant about climate change and global warming. All that we have to do is work out how to get rid of bitcoin.

Our rail revival

Written By: - Date published: 1:41 pm, October 31st, 2018 - 96 comments

Yesterday the government announced that it was reversing the previous government’s decision to kill off the electric trains.  The decision is one of many recently made that suggests that the future of rail is bright.

Green Growth

Written By: - Date published: 11:20 am, October 26th, 2018 - 86 comments

Shade it any colour you like…

Retail Fuel politics

Written By: - Date published: 11:32 am, October 15th, 2018 - 53 comments

New Zealand is now getting truckie protests about fuel prices reminiscent of the first term of the Helen Clark government. This is no doubt the start of many protests to come from truckie and consumer alike.

For a Better New Zealand?

Written By: - Date published: 8:05 am, October 15th, 2018 - 44 comments

A new political party has emerged with what could be loosely described as a stunning website.

Grant Robertson is a financial genius

Written By: - Date published: 1:22 pm, October 9th, 2018 - 80 comments

Remember the $11.5 billion hole that Stephen Joyce and National said Labour was going to leave the country with?  Well the 2017/18 financial books have been completed and released and the Government’s surplus was $2.4 billion greater than forecast.

Do we have cheaper fuel or do we trash the planet?

Written By: - Date published: 10:41 am, October 9th, 2018 - 64 comments

On the day that the IPCC has confirmed that the world is running out of time to do something to try and preserve what we have National and associated entities have complained that fuel prices are too high.

At least Labour wants to save the planet

Written By: - Date published: 1:16 pm, October 8th, 2018 - 46 comments

The Government is consulting on changes to the Crown Minerals (Petroleum) Amendment Bill to prevent further offshore drilling permits being issued. Locally the right are saying it will make things worse. And in the US of A the Trump administration has conceded that out of control climate change is inevitable.

National will be gutted – Moodys gives New Zealand an Aaa credit rating

Written By: - Date published: 12:47 pm, September 23rd, 2018 - 59 comments

National’s chicken little the sky is falling mantra about New Zealand’s economy has been dealt a large hole by Moody’s confirming New Zealand’s Aaa AAA credit rating.

Tax Working Group report depressing reading

Written By: - Date published: 6:10 pm, September 21st, 2018 - 66 comments

The Tax Working Group says the gaping holes in our tax system make it unfair and undermine its integrity, but the prospect of the electorate embracing even its limited recommendations on taxing capital gains make for depressing contemplation.

GDP figures expose business confidence survey nonsense

Written By: - Date published: 1:29 pm, September 20th, 2018 - 99 comments

ANZ Bank’s Outlook business confidence survey has been forecasting gloom and doom for the economy ever since the surprise election result turfed out the National Party. Today’s GDP data showed the economy has actually been pumping along faster than the Reserve Bank believes is good for it.

Someone tell the business sector, Kiwis like this Government

Written By: - Date published: 8:00 am, September 18th, 2018 - 29 comments

A recent survey conducted by IPSOS shows New Zealanders are feeling more positive about the Labour-NZ First coalition government than they were the previous one.

They got bailed out and we got sold out

Written By: - Date published: 12:05 pm, September 15th, 2018 - 56 comments

Ros Wynne Jones in the Daily Mirror excoriates the excesses of the Banking system and wonders why the rest of us tolerate bankers’ behaviour.

What does it take for bosses not to get their bonus?

Written By: - Date published: 11:26 am, September 13th, 2018 - 17 comments

Why is it that all risk lies with the shareholders? Why does poor performance by a company not result in CEO and top management bonuses being clawed back?

Fonterra’s loss

Written By: - Date published: 9:35 am, September 13th, 2018 - 67 comments

Fonterra has just reported an after tax loss of $196 million for the 2018 year. It’s never had an annual loss in its history.

Business confidence verses business certainty

Written By: - Date published: 11:13 am, August 31st, 2018 - 37 comments

Lately the news has been all doom and gloom about business confidence.  But what is the reality?  And should we worry what an Australian Bank is telling us?

Period. End. Done.

Written By: - Date published: 12:12 pm, August 26th, 2018 - 42 comments

The Scottish government has just taken a massive step to eradicate period poverty. Why not here?

Elizabeth Warren and Accountable Capitalism

Written By: - Date published: 8:30 am, August 21st, 2018 - 22 comments

U.S. Senator Elizabeth Warren is proposing a law change that would require US corporations to consider its workers and community in company decisions and prevent political donations from being made unless 75% of shareholders agreed.

Let them fall

Written By: - Date published: 8:00 am, August 3rd, 2018 - 105 comments

We’ve seen a fair few construction companies go under or get close to it recently.

Corporatism.

Written By: - Date published: 12:35 pm, August 1st, 2018 - 44 comments

Hand in hand with “compassionate liberalism”.

Scrap the spending cap

Written By: - Date published: 8:45 am, July 23rd, 2018 - 152 comments

Economist Ganesh Nana and Alan Johnson from the Salvation Army have urged the Government to relax the fiscal straight jacket imposed by its budget responsibility rules.

Is Matthew Hooton becoming a socialist?

Written By: - Date published: 8:38 am, July 20th, 2018 - 41 comments

Occasional Standard reader Matthew Hooton has written a cogent column on industrial relations in which he realises and accepts that wages for ordinary workers are too low.

Arses and Elbows

Written By: - Date published: 11:35 am, July 1st, 2018 - 50 comments

Deserving workers and undeserving workers in the public service.

updated

Liberalism Uber Alles

Written By: - Date published: 11:29 am, June 13th, 2018 - 32 comments

If the political class think liberalism has failed, then why is it that the process of killing off NZ Post is approaching completion?

Is it OK to bring a hand grenade to a business meeting?

Written By: - Date published: 8:15 am, June 11th, 2018 - 15 comments

Darien Fenton writes about Business New Zealand’s early approach to the Fair Pay panel.

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