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Trump and the NZ housing bubble

Written By: - Date published: 7:26 am, November 16th, 2016 - 21 comments

The bright orange trigger for a sharp rise in mortgage interest rates may have just arrived. Our over-indebted home owners are highly vulnerable.

Cross-Party Inquiry into Homelessness releases report – Government must act

Written By: - Date published: 12:11 pm, October 10th, 2016 - 81 comments

Labour, the Green Party and the Māori Party are have released their Ending Homelessness in New Zealand report and are calling on the Government to immediately adopt the 20 recommendations.

The Mayoral candidates and the living wage proposal

Written By: - Date published: 9:00 am, September 4th, 2016 - 29 comments

I attended the Living Wage People’s assembly this week in St Matthews in the City.  The idea behind the meeting was to get Mayoral and Waitemata ward candidates to express their views on the living wage proposal as well as improved public transport services and rental accommodation standards.  The organiser was Living Wage Aotearoa who have been […]

Watershit Down

Written By: - Date published: 7:37 pm, August 22nd, 2016 - 121 comments

John Key has announced an inquiry into the Havelock North water crisis. But has it been set up to fail the residents of the Central Hawkes Bay?

Financial capital is crazy OP. Time to strip it back to basics.

Written By: - Date published: 12:08 pm, August 8th, 2016 - 72 comments

Financial capital is way over powered in our current political economic system. Every aspect of our lives has been financialised and securitised, from our homes to our educations. From our drinking water to our power supply.

This is why we need a living wage

Written By: - Date published: 3:25 pm, June 30th, 2016 - 60 comments

It is tragic that a family working 80 hours a week cannot make ends meet.

The election campaign, the $6,000 toaster and the media beat up

Written By: - Date published: 9:02 am, June 5th, 2016 - 24 comments

In Australia in the midst of the election campaign an ordinary Australian, Duncan Storrar, talked publicly about how difficult it was to live and support his children on the minimum wage.  The response of the right through News Corp was to attack and humiliate him.

House Tales.

Written By: - Date published: 3:01 pm, March 22nd, 2016 - 32 comments

If ‘home is where the heart is’ then what’s the story when everything’s heartless?

Glasses and Brick Walls (& woods and trees).

Written By: - Date published: 9:41 pm, March 21st, 2016 - 47 comments

The thing about not having great sight is that sometimes you don’t really see things coming.

What poverty?: Emirates declares 1st Class a success

Written By: - Date published: 11:08 am, February 23rd, 2016 - 55 comments

Looks like the top 1% and the cashed up asset rich are doing just fine. The rest of you, work harder.

So, how would you spend $1.2B per year?

Written By: - Date published: 3:23 pm, February 1st, 2016 - 84 comments

A Kiwi Kids allowance for all under fives, with totally fee free public primary and secondary schools.

Child poverty has been monitored – now what?

Written By: - Date published: 7:05 am, December 18th, 2015 - 104 comments

A guest post from McFlock on what we might do about poverty when the talking’s done.

Poverty’s Beneficiaries.

Written By: - Date published: 10:02 am, November 8th, 2015 - 68 comments

While pondering this post, I was pointed to a post from last year, in which poverty and the cost of breakfast were on the agenda. Stephanie was writing in response to the ignorance of Nikki Kaye who claimed that giving affordable nutritious breakfast to children was easy. While I haven’t taken the time to read all of the comments on the subject, I thought Stephanie proved the point quite aptly that the reality is far different than the hypothetical world of poverty in which Nikki Kaye lives.

Sobriety

Written By: - Date published: 9:08 am, October 26th, 2015 - 10 comments

The video excerpt comes from the Yann Arthus-Bertrand film ‘Human’. It’s available to view on youtube.

2.1 Times More Likely to get a pay rise…

Written By: - Date published: 7:48 am, September 2nd, 2015 - 6 comments

If you still wonder WHY anyone would want to join a union, the fact that union members are 2.1 x more likely to get a pay rise might make you wade through the anti-union propaganda. Some unions escape scorn, like the Police Union which is referred to as an Association. It’s probably an oversight though, not anything deliberate…

Regional Realities.

Written By: - Date published: 11:06 am, August 31st, 2015 - 133 comments

FYI. The most populous town in Clutha District is Balclutha, which lies 81km south of Dunedin by road. Balclutha’s population, by the 2006 census, was 4,062 (down from 4,137 in 1996). Other towns are Milton (pop. 1,887), Kaitangata (pop. 810), Tapanui (pop. 744), Lawrence (pop. 432), Owaka (pop. 327), Stirling (pop. 309), Clinton (pop. 291), Kaka Point (pop. 201), and Benhar (pop. 96). For a while in the 1980s Balclutha was New Zealand’s most wealthy town, per capita

The modern precariat and the Unconditional Basic Income

Written By: - Date published: 2:09 pm, August 2nd, 2015 - 127 comments

A UBI would allow ordinary people to shift their daily focus from doing paid jobs making money for others, to doing useful work of their own choice, under their own control.

Auckland house prices – the good ol’ days ’05

Written By: - Date published: 7:14 am, July 17th, 2015 - 58 comments

Home ownership rates have been crashing since the 1990’s. Auckland house prices have been classed as “seriously unaffordable” since 2006 or earlier. The answer is to make sure that houses are no longer considered a financial asset for capital gains.

Phil Quin resigns from Labour

Written By: - Date published: 12:37 pm, July 14th, 2015 - 390 comments

Phil Quin: “I cannot, however, belong to an organisation that considers racial profiling fair sport. It really is that simple. I will rejoin once this or any future leader publicly repudiates such tactics.”

Another disease of poverty making a comeback

Written By: - Date published: 9:18 am, June 30th, 2015 - 139 comments

Add another disease of poverty to the list of those that are making a comeback in NZ.

The myth of “Retirement Savings”

Written By: - Date published: 10:18 am, June 9th, 2015 - 101 comments

Advocates of Kiwisaver and other funded “retirement savings” schemes perpetuate the fundamental misunderstanding that “conventional” in New Zealand’s case “neo-liberal” economists, speculators, finance companies, politicians and those with a lot of share holding wealth in non-productive enterprises like to perpetuate.

Flip Flop isn’t just another word for a Jandal

Written By: - Date published: 7:08 am, June 9th, 2015 - 69 comments

IN a breaking news update, the New Zealand Prime Minister has a revelation on Health and Safety

Epsom has its finger on the pulse of the people

Written By: - Date published: 1:13 pm, May 25th, 2015 - 14 comments

So what is important to the people of Epsom? Paul Goldsmith in his Newsletter recently told us what is important to him and suggested what might be important to us.

The “Brighter future”.

Written By: - Date published: 10:36 am, March 21st, 2015 - 34 comments

Labour, in 1984, with Richard Prebble and Roger Douglas, promised that if we adopted their prescription we would have a “Brighter Future”. Ruth Richardson in the 90’s promised a “Brighter Future”. Again in 2014 John Key’s National promises a “Brighter Future”.

A “Brighter Future”. For whom?

 

International travel perks for the people who got us into this mess?

Written By: - Date published: 8:30 am, March 16th, 2015 - 81 comments

The blogosphere leads the way in breaking a story about yet another sack of cash for MPs …

NZ Banks are very worried…

Written By: - Date published: 5:59 am, February 25th, 2015 - 76 comments

New Zealand banks (which are really Australian banks) are REALLY worried for us (oh, and for themselves).

Where have all the houses gone?

Written By: - Date published: 7:10 am, January 20th, 2015 - 131 comments

Yesterday it was announced that Auckland is the ninth least affordable city in the world requiring 8.3 times their average wage to buy a home. Reducing regulation hasn’t worked, otherwise more than 20 homes would have been built under the 2013 fast track accord. The problem is a shortage of affordable housing.

Power poverty on the up

Written By: - Date published: 8:18 am, December 19th, 2014 - 56 comments

The government has failed to tackle NZ’s on-going housing crisis. Fuel/energy poverty is increasing, with a higher proportion of households unable to afford any heating.  More Kiwis are renting than in the 2006 census, & more Aucklanders live in over-crowded households.

This is not business as usual. This is not some hippy over-reaction. This is serious shit!

Written By: - Date published: 4:18 pm, December 11th, 2014 - 55 comments

New author Mandy Hager joins us with some reflections on having become a grandmother: “So that’s why I’m speaking out now, every opportunity I get. Not because I like the exposure (shudder), but because I love this tiny little person and I will fight for his future, come what may. It’s the right thing to do. …”

Boots Theory: Numbers are meaningless when families are living in cars

Written By: - Date published: 10:59 am, October 5th, 2014 - 137 comments

There’s something obscene about the way the economic story gets framed: the figures on a page, the points on an index, the number of dollars someone can swap for a number of different-coloured dollars, when people are suffering.

Unaffordable housing & the culture of greed

Written By: - Date published: 11:17 am, October 4th, 2014 - 42 comments

Rental housing remains unaffordable for many.  The problem is the greed of investors & speculators,  supported by a culture in which housing investment is seen as a way to individual prosperity.

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