Written By: - Date published: 7:55 am, December 17th, 2020 - 66 comments
The Government’s finances are in remarkably good shape. Who would have predicted that dealing properly with a global pandemic would have had better results for the economy than timidly dealing with it and trying to ensure that economic activity continued? But by international levels our Government debt is already low and maybe now is the time to spend on vital areas such as poverty, climate change and the housing crisis.
Written By: - Date published: 10:40 am, November 18th, 2020 - 51 comments
This government must demonstrate that it has the ability to lead the New Zealand economy where it has stated it wants it to go. It does not want more headlines like the average house in Auckland now being priced at $1 million.
Written By: - Date published: 12:27 am, October 20th, 2020 - 47 comments
The 2020 election was more than just a victory for Labour and more than a crushing defeat for the National Party (New Zealand’s main centre-right political party). This result marks a significant watershed in New Zealand politics which will likely have implications long after this parliamentary term.
Written By: - Date published: 4:45 pm, September 16th, 2020 - 22 comments
Much has rightly been made of the leadership quality of Prime Minister Ardern this year. But the PREFU results announced today shows that Minister of FInance Grant Robertson is by a long way the most effective Minister of Finance we have had since Dr Michael Cullen.
Written By: - Date published: 8:40 am, September 4th, 2020 - 78 comments
Everyone has recently had an education on “Socialism” working in practice.
And a graphic illustration of the shortcomings, of under regulated “Free market” Capitalism, Globalism, tax cuts for the rich, and the mania for monetising everything in sight, and “running it like a business”.
Written By: - Date published: 12:17 pm, August 5th, 2020 - 16 comments
Defying expectations official labour force data from Stats NZ released today shows that the unemployment rate dropped to 4 per cent from 4.2 per cent in the June quarter.
Written By: - Date published: 7:27 am, July 6th, 2020 - 15 comments
Sure to form, Paul Swain along with Regional Council Chair and another former Labour MP Fran Wilde proposed tearing down the trolleybus wire and increasing the city’s carbon emission. This was to then promptly followed by re-tendering all the bus routes having redesigned all the bus network so that bus companies could then compete over routes and undercut each other. At one council meeting in mid-2016 Swain was questioned about the possibility of protecting drivers jobs and employment conditions. After a few questions, he lost patience, slammed in hand on the table and ended the meeting. This was the extent to which Swain and the Greater Wellington Regional Council considered supporting bus drivers during this process.
Written By: - Date published: 3:11 pm, June 19th, 2020 - 8 comments
Is it time to completely rethink how we deal with unemployment? We face a tsunami of job losses not seen in generations. Two ideas — social insurance and a job guarantee — are gaining prominence as ways to change how we deal with the problem. One provides income protection for those who lose employment, the other aims for something bolder: the elimination of unemployment. All welcome; register here.
Written By: - Date published: 4:51 pm, June 12th, 2020 - 31 comments
…is the US sharemarket roaring away – up 44% – while economic recovery prospects are grim?” ANZ’s Sharon Zollner’s answer on Tuesday was the Fed printing money, but worried markets were turning a blind eye to the bad news. The bad news hit today as the sharemarket nose-dived. Wolf Richter’s answer was more to Kim’s point: “Fed bails out the wealthy while America convulses in pain.”
Written By: - Date published: 1:33 pm, May 29th, 2020 - 19 comments
Borrowing heavily from Monty Python’s Life of Brian Labour MP Deborah Russell sets out what the Government is doing for small business in these Covid 19 times.
Written By: - Date published: 10:21 am, May 29th, 2020 - 68 comments
Holy hyperbole. Todd Muller has claimed that most kiwis are unemployed although they do not realise it yet. Although in one case he may not be wrong …
Written By: - Date published: 7:00 am, May 2nd, 2020 - 46 comments
A Guest blog from E tū Assistant National Secretary, Annie Newman. “Democracy creates a space for the market, civil society and the government but it doesn’t guarantee a balance between these spheres. That is government’s role. Right now, there is an opportunity for our government to do more than protect the future of business; it can address the imbalance in our democracy where the market dominates the agenda.”
Written By: - Date published: 8:00 am, March 31st, 2020 - 35 comments
When Opposition Spokespersons behave like concern trolls, we have a problem.
Written By: - Date published: 2:20 pm, August 6th, 2019 - 27 comments
Five days ago Simon Bridges predicted that unemployment had gone up. The latest figures show that the unemployment rate is at its lowest rate for the past eleven years. Update: My enthusiasm was too high. It has been pointed out to me that the Bridges tweet was from last year. My apologies to Simon …
Written By: - Date published: 9:34 am, June 21st, 2019 - 29 comments
Everyone knows that getting employers to increase rates of pay and improve conditions of work takes real pressure and the only real way working people can exert pressure, in the unbalanced relationship that exists between individual employees and employers, is by acting together; collectively. And that’s what we’ve been doing week in, week out and getting real results.
Written By: - Date published: 1:56 pm, May 15th, 2019 - 85 comments
National has claimed that Labour’s tertiary fees policy is failing because numbers applying for it have not increased. But National clearly has failed to understand that the policy is about reducing student loan totals or it is deliberately misinterpreting the reason for the policy.
Written By: - Date published: 7:00 am, May 6th, 2019 - 58 comments
For some reason, this story struck a nerve. An 80-year old had his 59-year career terminated by an impersonal e-mail from a faceless manager. Ironically, the manager on his public LinkedIn profile likes a post entitled “Treat a janitor with the same respect as the CEO”. Isn’t it sad that we now treat people as […]
Written By: - Date published: 12:18 pm, April 1st, 2019 - 67 comments
Today marks the day that the largest ever increase in the minimum wage will occur.
Written By: - Date published: 8:30 am, February 14th, 2019 - 5 comments
There’s trouble on the horizon in Bouganville with its government proposing significant changes to its mining law to allow wide scale mining on the island.
Written By: - Date published: 6:55 am, January 6th, 2019 - 146 comments
Welcome to TS’s Sunday think piece. It’s a blank sheet, a tabula rasa, waiting for your thoughts on the future and How To Get There.
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.
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.
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
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?
Written By: - Date published: 8:18 am, September 12th, 2018 - 65 comments
Business NZ has admitted that a poll that it ran was fundamentally flawed but has threatened to go to the ILO about Labour’s rather modest proposed changes to Industrial Relations law. And Radio New Zealand has reported on an industrial dispute involving Sistema plastics where union workers are working 60 hour working weeks without overtime pay on not much more than the minimum wage.