Written By: - Date published: 7:57 am, December 1st, 2016 - 14 comments
Warnings from the government and the Reserve Bank that first home buyers are taking on too much debt. Prices are too high, wages are too low, interest rates are rising. These warnings are effectively telling the average first home buyer to give up.
Written By: - Date published: 10:07 am, November 23rd, 2016 - 17 comments
This is just something that gets my goat, and there was a particularly egregious example on the RNZ Business News this morning. Apparently Wall St was going ‘gangbusters’, and the reason they came up with for that was ‘Wall St’ liking Donald Trump’s policies (lowering tax and building infrastructure apparently). Not long ago Wall St […]
Written By: - Date published: 11:25 am, November 12th, 2016 - 76 comments
Walking back the last 5 plus years of escalating military, economic and diplomatic proxy war between Russia and the United States will be difficult. But it has to be done.
Written By: - Date published: 12:29 pm, November 6th, 2016 - 78 comments
Donald Trump’s last campaign ad lifts the mood of a relentlessly negative campaign between two massively disliked candidates.
Written By: - Date published: 12:57 pm, October 31st, 2016 - 15 comments
The culture being addressed will be familiar enough to many here in NZ who deal with Work and Income. Government strategies to address that culture? Well, that’s another story. This isn’t just happening half a world away. It might as well be happening in another universe – back on the sane side of some looking glass NZ has fallen through.
Written By: - Date published: 8:21 am, October 30th, 2016 - 30 comments
Phase 2 of the Anti-Money Laundering and Countering Financing of Terrorism Act is due to come into force soon and will require lawyers, accountants and other professionals to verify the source of client funds. This will give the Government increased power to monitor capital flows. What will they discover?
Written By: - Date published: 9:00 am, October 29th, 2016 - 71 comments
The loss of four lives at the Dreamworld fun park in the Gold Coast suggests that the corporate greed is good mantra is not working as well as we should expect.
Written By: - Date published: 8:24 am, October 28th, 2016 - 182 comments
Trump is the “human molotov cocktail” that many Americans have been waiting for.
Written By: - Date published: 9:26 am, October 26th, 2016 - 25 comments
No, not in NZ, of course. With bonus notes on a “grotesque folly”.
Written By: - Date published: 8:54 am, October 22nd, 2016 - 43 comments
Barack Obama recently talked about the possible need for a universal basic income because of the disappearance of work. Is a UBI so different to collective ownership of wealth?
Written By: - Date published: 9:00 am, October 12th, 2016 - 67 comments
National have slammed the door shut on the parents of already settled migrants who wish to move to NZ to complete the family unit. Minister Michael Woodhouse accuses elderly Asians of bludging off the NZ taxpayer. You won’t believe the howls of outrage from the right!
Written By: - Date published: 9:00 am, October 9th, 2016 - 3 comments
What we know is coming largely from outside the mainstream. Which is how it should be.
Written By: - Date published: 7:30 am, October 8th, 2016 - 60 comments
Day one of the International Days of Prayer and Action with Standing Rock. Here’s a post on NZ’s relationship with water, and whether water is a resource or a taonga.
Written By: - Date published: 9:30 am, October 7th, 2016 - 44 comments
The Chief Prison Inspector’s report on Mount Eden Corrections Facility has now been released and has presented a damning judgment on Serco’s management of the prison.
Written By: - Date published: 9:51 am, September 23rd, 2016 - 31 comments
Ann Pettifor, in New Zealand for lectures on the state of the financial world, talks to Nine-to-Noon about the most pressing problems. Worth a listen.
Written By: - Date published: 12:25 pm, September 20th, 2016 - 54 comments
Paul Romer is an economist highly respected by his peers, and about to become the Chief Economist at the World Bank. He’s also just published a paper rubbishing the last 3 decades of macroeconomics.
Martin Wolf, chief economics commentator at the Financial Times is challenging fractional reserve banking. It’s certainly time for some new ideas.
Written By: - Date published: 10:38 am, September 18th, 2016 - 241 comments
When highly educated people end up being idiots, and uneducated people end up being smarter.
Written By: - Date published: 11:25 am, September 16th, 2016 - 120 comments
TS regular Tony Veitch has some practical ideas as to how we insulate NZ from the ravages of neoliberalism and climate change. Readers may agree with some, none or all of the suggestions. However, whichever way you look at it, the time for hand wringing is over. It’s time for action.
Written By: - Date published: 8:30 am, September 13th, 2016 - 9 comments
The world’s biggest general strike ever occurred this month in India.
Written By: - Date published: 7:30 am, September 10th, 2016 - 95 comments
Big Tobacco was hit this week in New Zealand after Parliament passed laws requiring smokes to be sold in plain packaging. The science about the health threats posed by smoking is settled, as is the science over climate change. When can we expect laws being passed against the oil companies?
Written By: - Date published: 9:00 am, September 9th, 2016 - 29 comments
“If indigenous people were given a space to be able to think about what system would work for them, I don’t think that would look like capitalism” – Kassie Hartendorp speaking at the launch of ESRA last week.
Written By: - Date published: 3:30 pm, September 8th, 2016 - 103 comments
The whitewash of the rugby players who assaulted a woman at a post season piss up has been released. A mightily relieved rugby boss Steve Tew can now go into the rest of the season knowing that the All Black squad will not be affected by the loss of any players to suspension. The only person to have lost their job over the incident is the victim. How cool is that?