economy

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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

Labour is the party of economic competence

Written By: - Date published: 7:10 am, August 17th, 2015 - 147 comments

The old myth that National are good managers of the economy should now be well dead and buried. For a recent case study see Robertson vs Joyce on dairy prices…

250 to 300 Job Losses at Unitec in Auckland

Written By: - Date published: 10:23 am, August 8th, 2015 - 84 comments

Under Unitec’s new vision students will be known as Customers. Student services will be outsourced (overseas)

Aspiration statement
To be a world leader in contemporary applied learning and an agent of positive economic and social change
.

Weekend reading for the Nats

Written By: - Date published: 9:02 am, August 3rd, 2015 - 14 comments

There were some good opinion pieces published over the weekend. Not comfortable reading for the Nats.

Oram on the regions

Written By: - Date published: 4:17 pm, July 27th, 2015 - 16 comments

Rod Oram looks at the way the regions are stifled in his Sunday Star Times piece.

National Debt cracks the ton

Written By: - Date published: 12:20 pm, July 20th, 2015 - 62 comments

The Crown has reached an unfortunate milestone and national debt now exceeds $100 billion.

The surplusgoround

Written By: - Date published: 2:18 pm, July 8th, 2015 - 56 comments

The on again off again surplus is on again. Key will be kicking himself for telling us all that we’re not interested in this artificial target.

There never was a rockstar

Written By: - Date published: 9:39 am, July 4th, 2015 - 92 comments

We’ve just seen the weakest quarterly growth in two years, and economists are warning of possible recession. The NZ economy needs to be fundamentally reshaped.

Inequality – Treasury report

Written By: - Date published: 7:22 am, June 29th, 2015 - 22 comments

Last week Treasury came out with a detailed and interesting report, Inequality in New Zealand 1983/84 to 2013/14. It is no surprise to find that the last Labour government acted to reduce inequality, the current National government has acted to increase it.

As the economy stalls it’s a great time to be a bank!

Written By: - Date published: 10:18 am, June 24th, 2015 - 34 comments

Ho ho – what am I saying? It’s always a great time to be a bank.

The death of trickle down economics and the mess we’re in

Written By: - Date published: 7:11 am, June 17th, 2015 - 139 comments

Trickle down economics is pronounced dead by the IMF. Housing, the working poor and the economy – the policy settings are wrong everywhere.

OECD sounding the alarm

Written By: - Date published: 10:26 am, June 10th, 2015 - 84 comments

Freeing up Auckland land for private development and sale at market rates isn’t going to cut it.

All our eggs in the dairy basket

Written By: - Date published: 12:27 pm, May 28th, 2015 - 157 comments

This government has been artificiality buoyed by a diary boom, now the bust leaves us highly exposed.

Mortgagee sales

Written By: - Date published: 10:14 am, May 25th, 2015 - 21 comments

A marked drop in mortgagee sales recently. Good news?

Oram on the budget and Treasury fantasies

Written By: - Date published: 7:09 am, May 25th, 2015 - 75 comments

Extracts from Rod Oram’s piece in the SST as posted on Facebook. “What’s missing from [the budget], and the six before, is any glimpse of the world we live in, let alone the political leadership we need to survive and thrive in it.”

Budget 2015 – A reactive budget

Written By: - Date published: 6:30 am, May 21st, 2015 - 161 comments

A panicked response to the Auckland property crisis. A welcome (albeit inadequate) adjustment to benefit rates. Public pressure is forcing action on the Left’s political agenda. Still no surplus, and no one believes the projected one next year. A reactive budget – there is no vision.

The surplus lie

Written By: - Date published: 10:30 am, May 14th, 2015 - 68 comments

One of the biggest political deceptions in our lifetime? Or just an honest mistake by our noble Finance Minister?

TPPA circling the drain

Written By: - Date published: 2:58 pm, May 13th, 2015 - 40 comments

As widely reported today, the TPPA has taken a probably fatal hit in the US Senate. Good riddance.

More jobs gone at Solid Energy – thanks Bill English

Written By: - Date published: 9:58 am, May 8th, 2015 - 11 comments

113 more jobs to go at Solid Energy’s Stockton Mine. Bill English killed Solid Energy, these job losses are his.

Housing and capital gains tax

Written By: - Date published: 10:02 am, April 18th, 2015 - 91 comments

This week the Reserve Bank recommended adopting the Labour / Green capital gains tax, the National party denied and dithered, and Don Brash explained the truth about the property bubble.

(Image credit Foxy.)

Key’s surplus excuses

Written By: - Date published: 7:23 am, April 14th, 2015 - 69 comments

Apparently this budget surplus that the Nats have been going on about for the last 6 years is an “artificial” target that is “like trying to land a 747 on a pin head”.

Bill English killed Solid Energy

Written By: - Date published: 8:46 am, April 3rd, 2015 - 96 comments

More economic genius from the Nats.

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?

 

Guy Standing at AUT

Written By: - Date published: 12:31 pm, February 20th, 2015 - 4 comments

Prof Guy Standing is talking next Friday at 11am at AUT’s Auckland City Campus.

A calculated feeding of the beasts within

Written By: - Date published: 2:13 pm, February 5th, 2015 - 76 comments

The social democracy of my youth has radically collapsed into our current culture of individualism, privatisation and personal greed.

The lie about productivity and wages

Written By: - Date published: 12:30 pm, February 5th, 2015 - 49 comments

The Productivity Commission has a new report out which looks at changes in the labour income share, or LIS, from 1978 to 2010. The labour income share is described in the report’s summary as: The labour income share (LIS) measures the split of national income between workers who supply labour and the owners of capital. […]

SkyCity a nightmare for the Nats

Written By: - Date published: 11:15 am, January 12th, 2015 - 76 comments

Far from fading away into the Christmas haze, SkyCity looks likely to be one of the defining political issues for 2015.

A Punitive Climate of Fear

Written By: - Date published: 1:59 pm, January 9th, 2015 - 64 comments

Whatever the reason for a person’s disability if it is to such an extent that they cannot work we condemn them to a life of subsistence living with a big pay rise when, and if, they reach retirement age to 65% of the average wage!

On the economy and tax cut bribes

Written By: - Date published: 9:24 am, December 18th, 2014 - 9 comments

Bill English reviews the economy

National are not responsible for the eventual recovery, they are responsible for delaying it.

ImperatorFish: “I said surface, not surplus”

Written By: - Date published: 2:15 pm, December 17th, 2014 - 7 comments

Scott examines Bill’s likely excuses for failing to deliver something National have promised since 2011

Surplus sunk

Written By: - Date published: 2:18 pm, December 16th, 2014 - 73 comments

The Nats are going to miss the only target they ever cared about hitting – the mythical surplus. Seven wasted years and counting…