web analytics

economy

Categories under economy

  • No categories

Hickey on surpluses and Key’s bullshit

Written By: - Date published: 9:17 am, December 4th, 2016 - 36 comments

Bernard Hickey: “It is extraordinary for the Prime Minister to call the Treasury’s short and long term forecasts a “load of nonsense” and yet rely on the medium term ones to promise all manner of riches to voters on the eve of an election.”

Treasury predictions – not good

Written By: - Date published: 8:08 am, November 27th, 2016 - 65 comments

Brian Fallow in The Herald summarises the take-home messages from the latest Treasury report. National have us on track to disaster.

The sharemarket moved because…

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 […]

National tries to have it both ways

Written By: - Date published: 8:31 am, November 19th, 2016 - 51 comments

Despite the Kaikoura earthquakes, the damage to the Capital and the fact the EQC fund is now in deficit, the Government is still holding out the possibility of tax cuts in election year.

I’m a Muslim, an Immigrant and I voted Trump

Written By: - Date published: 12:54 pm, November 14th, 2016 - 234 comments

Take a deep breath and transcend your fear.

Grant Robertson: Future of Work

Written By: - Date published: 11:25 am, November 9th, 2016 - 10 comments

At the Labour Conference over the weekend, Grant Robertson announced the results of the Future of Work Commission.  Ideas for policy to cope with a new age of work.

The Future of Work Commission report

Written By: - Date published: 8:59 am, November 6th, 2016 - 17 comments

The Future of Work Commission report has now been released. It contains 63 recommendations including the tentative implementation of a universal basic income and a that voluntary work for approved organisations allow beneficiaries to continue to receive a benefit.

Nats backsliding on tax haven law changes

Written By: - Date published: 7:54 am, November 1st, 2016 - 20 comments

The Nats are backsliding on implementing the law changes brought on by the Panama Papers revelations. If European regulators blacklist us the consequences will be catastrophic.

Workers’ rights – the Uber ruling

Written By: - Date published: 8:26 am, October 30th, 2016 - 34 comments

Recent decision in the UK is a victory for workers and their rights.

Tax cuts hard to sell

Written By: - Date published: 8:32 am, October 19th, 2016 - 8 comments

Herald: “…the Government ought to be banking surpluses, just as Sir Michael Cullen did during the boom of 2000-2007”.

Tax-cuts or… Health

Written By: - Date published: 8:16 am, October 18th, 2016 - 133 comments

Health – particularly mental health – is underfunded, resulting in strikes over patient safety and units shutdown due to staff shortages. And unnecessary deaths. So why is the government even thinking about tax-cuts when our services need investment?

Hickey on debt

Written By: - Date published: 10:33 am, October 16th, 2016 - 30 comments

Hickey in The Herald on Sunday: “Our household debt to income ratio of 165 per cent is now about 5 per cent above those previous highs of 2008 and rising quickly as debt rises around twice as fast as incomes.”

Economics is still lost

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.

Robertson: Lessons from the Future of Work Commission

Written By: - Date published: 1:22 pm, August 26th, 2016 - 10 comments

Robertson: “What is the economic paradigm that will meet the challenge of world of less secure work, more automation?”

Between what we want and what we need

Written By: - Date published: 8:00 am, August 19th, 2016 - 122 comments

New Zealand is slowly losing faith with this Government and this is why.

Spark – kudos

Written By: - Date published: 8:05 am, August 15th, 2016 - 30 comments

Our wages are too low generally, and this is one of the main economic challenges that we face. A few more employers committing to paying a living wage would be a good place to start.

Globalisation and global incomes (the “elephant graph”)

Written By: - Date published: 7:01 am, August 14th, 2016 - 55 comments

An elegant graph explains why free trade is a good thing, but why it is causing a backlash in rich “Western” countries.

Left Side Story: What do New Zealanders actually earn?

Written By: - Date published: 7:02 am, August 12th, 2016 - 91 comments

Reprinted with permission, by Deborah Russell from Left Side Story: What do New Zealanders actually earn? And why we need to understand these figures.

Immigration jobs and housing

Written By: - Date published: 12:46 pm, August 11th, 2016 - 88 comments

Until we sort out our housing and unemployment problems it is surely time to reign in NZ’s currently record levels of immigration.

Reserve bank cuts OCR to record low

Written By: - Date published: 9:21 am, August 11th, 2016 - 28 comments

The Reserve Bank just cut the OCR to a historic low of 2%. And no it’s not good (economic) news.

Stiglitz on the globalisation revolt

Written By: - Date published: 7:54 am, August 8th, 2016 - 69 comments

Globalisation is facing a popular revolt. Economist Joseph Stiglitz explains why.

Employers failing Kiwsaver obligations

Written By: - Date published: 11:40 am, August 5th, 2016 - 35 comments

In a sign of just how stressed our economy is: “Inland Revenue is chasing employers for unpaid KiwiSaver contributions worth tens of millions of dollars.”

We can’t say we weren’t warned

Written By: - Date published: 7:12 am, August 1st, 2016 - 189 comments

When the Auckland housing bubble bursts a lot of people are going to lose a lot of money. They won’t be able to say they weren’t warned.

The future of work

Written By: - Date published: 8:41 am, July 29th, 2016 - 25 comments

The Herald (Liam Dann) had a Terminator themed piece on the future of work yesterday. If only there was a party that was thinking about these long term issues!

Oram – seven warning signs for the economy

Written By: - Date published: 10:07 am, July 24th, 2016 - 23 comments

Rod Oram’s Sunday Star-Times, reprinted on Facebook here, adds yet another voice to the chorous of economic warnings: “Our Road Runner economy is zooming towards the cliff-edge”…

National’s Rodeo.

Written By: - Date published: 12:21 pm, July 15th, 2016 - 23 comments

The fiction that National is doing a competent job of managing the economy is entirely due, now that the boom from Dairy and Christchurch rebuilding is ending, to immigration and rising house prices.

They are now riding a bolting horse that they cannot dismount, caused by their own inaction.

Our zombie economy

Written By: - Date published: 7:04 am, June 22nd, 2016 - 149 comments

It’s basically flat-lining – only partially animated by immigration and a housing bubble.

Official climate change fraud

Written By: - Date published: 7:39 am, June 14th, 2016 - 136 comments

Scientists and experts have been knowingly understating the unfolding climate change catastrophe to governments and decision makers. Why? For the sake of what is “politically palatable”.

Essential reading – Hickey on immigration

Written By: - Date published: 10:26 am, June 12th, 2016 - 133 comments

Hickey: “Helping employers to bring in low-skilled migrants instead of investing in new technology and becoming more productive so they can pay local workers more is essentially stunting our productivity and real GDP per capita.”

Indigenous Perspectives

Written By: - Date published: 1:55 pm, May 29th, 2016 - 30 comments

“It is possible to live in a society with a world view that does not include empire”

– Winona LaDuke

Budget 2016 – F for Fail

Written By: - Date published: 8:15 am, May 27th, 2016 - 31 comments

budget-quote
— Deborah Russell

Recent Comments

Recent Posts

  • TOP’s environmental policy no threat to ours
      When a new political party like Gareth Morgan‘s Opportunities Party (TOP) launches, its promoters obviously see a gap in the political line-up, an area where it can promote policies and actions that other parties aren’t. That’s why the environmental policy released by ...
    GreensBy Eugenie Sage
    13 hours ago
  • Gareth Morgan and TOP’s environmental policy a pick and mix assortment
      When a new political party like Gareth Morgan‘s Opportunities Party (TOP) launches, its promoters obviously see a gap in the political line-up, an area where it can promote policies and actions that other parties aren’t. That’s why the environmental policy released by ...
    GreensBy Eugenie Sage
    13 hours ago
  • Social housing crisis at record levels
    National’s failure to provide sufficient social housing for vulnerable families has been underscored by latest figures showing a record number of families on the waiting list, says Labour Housing Spokesperson Phil Twyford. “Some 6,110 families were in need of social ...
    16 hours ago
  • Wilderlands community in need of our support
    This week, a large fire burnt down six homes near Whitianga and destroyed parts of the organic farm and community Wilderlands, a sustainable food producer since 1964. I first came to the Hauraki/Coromandel in 1972 and by then Dan and ...
    GreensBy Catherine Delahunty
    18 hours ago
  • National denies kids their free school education
    The National Government’s ongoing underfunding and recent funding freeze is denying Kiwi kids their right to a free schooling, says Labour’s Education spokesperson Chris Hipkins. “By law, schooling in New Zealand is supposed to be free, but under National that’s ...
    21 hours ago
  • A chance to help sea life in the Hauraki Gulf
    The Sea Change Tai Timu Tai Pari report (Hauraki Gulf Marine Spatial Plan) launched last month makes a strong case for ending bottom trawling, purse seining, and dredging in the Gulf as fishing methods which damage the seabed.  The report ...
    GreensBy Eugenie Sage
    1 day ago
  • Taxpayers deserve better oversight on big money projects
    The latest scorecard on National’s management of major infrastructure projects shows that the Government is letting New Zealanders down when it comes to managing significant investments, says Labour’s Finance Spokesperson Grant Robertson. The Treasury today released the November 2016 Interim ...
    2 days ago
  • Emergency food grants rocketing under National
    More and more Kiwis are going hungry under National with hardship grants for food jumping 14 per cent in the last year alone, says Labour Leader Andrew Little. “That’s a damning indictment of how Bill English’s government has let things ...
    2 days ago
  • Something dramatic is taking place in the Antarctic
    * Yesterday, James Shaw and Eugenie Sage paid a visit to the Antarctic Research Centre at Victoria University to meet with leading climate scientists. James shares his reflections on their vital work. Something dramatic is taking place in the Antarctic. ...
    GreensBy James Shaw
    2 days ago
  • The Security Council and Israel – where power meets law
    Since the UN Security Council adopted resolution 2234, there has been more heat than light shed on the continuing Israel-Palestine crisis and the faltering prospects for peace.  Israel, claiming it has been abandoned and betrayed by its traditional supporters, especially ...
    GreensBy Kennedy Graham
    2 days ago
  • The Security Council and Israel – where power meets law
    Since the UN Security Council adopted resolution 2234, there has been more heat than light shed on the continuing Israel-Palestine crisis and the faltering prospects for peace.  Israel, claiming it has been abandoned and betrayed by its traditional supporters, especially ...
    GreensBy Kennedy Graham
    2 days ago
  • Ending homelessness
    Homelessness is a disgrace. It’s ugly and dehumanising and I can’t bear to see it every day in my home town of Wellington. Unlike Sir Robert Jones, though, I’ve never thought about blaming the victims for their situation. That’s bully ...
    GreensBy James Shaw
    3 days ago
  • Bill English needs to back Pike River Bill
    Labour is challenging the Government to support a Bill to remove any legal barrier to the recovery of the 29 Pike River miners, says Labour Leader Andrew Little. “Bill English has been hiding behind the legal excuse that any attempt ...
    3 days ago
  • Dumb ideas that wreck the planet: Microbeads
    I don’t know who thought of it first but some years ago some petro-chemical chemist somewhere decided putting plastic into the products we buy to clean our bodies would give us extra oomph.  And so producers added ‘microbeads’ to some ...
    GreensBy Denise Roche
    3 days ago
  • Labour and Green Party to host joint State of the Nation event
    For the first time Labour and the Green Party are holding a joint State of the Nation event. Labour Leader Andrew Little and Green Party Co-Leader Metiria Turei will speak about their priorities for the year in Auckland on Sunday ...
    4 days ago
  • Organised crime getting easy ride under National
    Under-resourcing from the National-led Government is seriously undermining the Police’s ability to combat organised crime, says Labour’s Police spokesperson Stuart Nash. “In answers to my questions, the Minister of Police has confirmed that the numbers of Police officers dedicated to ...
    5 days ago
  • Wages and housing keys to fixing inequality
    Better wages and restoring the Kiwi dream of homeownership are fundamental to reducing inequality, says Leader of the Opposition Andrew Little. ...
    5 days ago
  • Motorcyclists deserve safety they’ve paid for
    Motorcyclists deserve an explanation from the Government about why just one fifth of the money they have been charged has been spent on safety while the carnage continues on the roads, says Labour’s ACC and Transport Spokesperson Sue Moroney. ...
    2 weeks ago
  • Cross-party approach needed as homeownership hits new low
    New data showing homeownership has hit a record low shows the need for political parties to come together to enact Labour’s KiwiBuild and Healthy Home Bills, which are currently before Parliament, says Leader of the Opposition Andrew Little. ...
    2 weeks ago
  • New year, same old story for underfunded health
    While the New Year often heralds resolutions to improve, the industrial strife currently wracking ambulance workers shows the Government has little interest in properly investing in the health sector, says Labour’s Health Spokesperson Annette King. “The tense stand-off between ambulance ...
    2 weeks ago
  • Government’s EV charge runs flat
    New figures obtained by Labour show that the National Government has left the handbrake on over its purchasing of electric vehicles, with less than 0.4 per cent of its All-Of-Government Panel purchases being EVs since Minister Simon Bridges announced that ...
    2 weeks ago
  • Keep road police numbers up, says Labour
    After an increase in this year's Christmas holiday road toll by nearly 40 per cent, now is not the time to cut road policing numbers says Labour's Police spokesperson Stuart Nash. "Former Police Minister Judith Collins announced last year that ...
    2 weeks ago
  • Well, THAT happened: Julie Anne Genter reflects on 2016
    The end of the year! 2016 has been…a mixed bag – Trump-ism, losing Bowie, Prince, Leonard Cohen et al, and the creeping malaise of a tired government. Green Party MP Julie Anne Genter shares her year. My highlights of 2016 ...
    GreensBy Julie Anne Genter
    3 weeks ago
  • Well, THAT happened: David Clendon reflects on 2016
    The end of the year! 2016 has been…a mixed bag – Trump-ism, losing Bowie, Prince, Leonard Cohen et al, and the creeping malaise of a tired government. Green Party MP David Clendon shares his year. My highlight of 2016 By ...
    GreensBy David Clendon
    3 weeks ago
  • Well, THAT happened: Mojo Mathers reflects on 2016
    The end of the year! 2016 has been…a mixed bag – Trump-ism, losing Bowie, Prince, Leonard Cohen et al, and the creeping malaise of a tired government. Green Party MP Mojo Mathers shares her year. My highlights of 2016 Moving ...
    GreensBy Mojo Mathers
    3 weeks ago
  • Well, THAT happened: Catherine Delahunty reflects on 2016
    The end of the year! 2016 has been…a mixed bag – Trump-ism, losing Bowie, Prince, Leonard Cohen et al, and the creeping malaise of a tired government. Green Party MP Catherine Delahunty shares her year. My highlights of 2016 Sometimes ...
    GreensBy Catherine Delahunty
    3 weeks ago
  • Well, THAT happened: Barry Coates reflects on 2016
    The end of the year! 2016 has been…a mixed bag – Trump-ism, losing Bowie, Prince, Leonard Cohen et al, and the creeping malaise of a tired government. Green Party MP Barry Coates shares his year. My highlights of 2016 Definitely, ...
    GreensBy Barry Coates
    3 weeks ago
  • Denise Roche: My year – with some numbers
    It feels like 2016 was exceptionally busy – and this was confirmed when I checked my diary. Looking at just my Ethnic Communities portfolio, between February and December this year I visited or attended celebrations with 25 different organisations ...
    GreensBy Denise Roche
    3 weeks ago
  • Well, THAT happened – Kennedy Graham reflects on 2016
    Every year is special, but 2016 has been extraordinary. We are, I think, witness to two global revolutions, occurring simultaneously. One is of a world uniting. The other is of a world fragmenting. This push-and-pull, yin and yang, will go ...
    GreensBy Kennedy Graham
    3 weeks ago