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Who Pays the Price of Sanctions

Written By: - Date published: 4:32 pm, March 20th, 2022 - 194 comments

New Zealand’s sanctions on Russia have not stopped the war in Ukraine. They may have made our parliamentarians feel better, and Tony Blinken was quick to congratulate us on falling into line with the US “high-impact sanctions.” The language is combative, but the evidence shows sanctions do not  work. They can have significant blow-back effects, particularly if not combined with effective diplomacy.

Fonterra’s Capital Restructure

Written By: - Date published: 2:26 pm, December 7th, 2021 - 32 comments

Fonterra is in the middle of a big restructure of its capital. It is still the case given its dominance over us that where Milk Supertanker Fonterra goes, we go.

Let the Mills die

Written By: - Date published: 1:03 pm, June 24th, 2021 - 13 comments

From Kawerau to Nelson to Tiwai Point, our accelerated decline of heavy mass manufacturing factories continues.

The Very, Very Lucky Country

Written By: - Date published: 8:18 am, February 17th, 2021 - 5 comments

While Australia is rightly branded The Lucky Country, it looks like we can reasonably be called the Very, Very Lucky Country.

A tsunami of wing clipped kiwi?

Written By: - Date published: 9:52 am, November 9th, 2020 - 45 comments

The rush back home has definitely been happening and appears to mainly be constrained at present by the limits on quarantine facilities. It has already helped to mitigate the drops in immigration and probably will in the future. Nowhere near as economically important and productive as our exports. But useful for reducing unemployment for those not exposed to the export economy.

Hong Kong principles

Written By: - Date published: 9:49 pm, July 28th, 2020 - 38 comments

According to our Prime Minister, today’s announcement that New Zealand is suspending extradition arrangements with Hong Kong is because of our principles. But it is not immediately clear what these principles are, other than falling into line with our Five Eyes spying partners. Some history is important.

Unthinkable Things

Written By: - Date published: 8:41 am, July 22nd, 2020 - 29 comments

With the government clearly watching the unravelling of Australia’s Covid-19 response and putting in place $14 billion in preparation for a second infection wave, we are clearly now in a history-in-making territory of the highest instability outside a world war.

US China trade talks and New Zealand

Written By: - Date published: 7:30 am, May 12th, 2019 - 91 comments

Donald Trump’s trade war with China is way, way bad for New Zealand.

Kiwi Cultural Cringe is Alive and Well

Written By: - Date published: 4:00 pm, April 22nd, 2019 - 75 comments

New Zealand is too small for high-achievers and star-performers and does not offer enough challenges and rewards.

Fonterra’s loss

Written By: - Date published: 9:35 am, September 13th, 2018 - 67 comments

Fonterra has just reported an after tax loss of $196 million for the 2018 year. It’s never had an annual loss in its history.

It’s Time for a Cost-Benefit Analysis of Dairy Farming

Written By: - Date published: 7:42 am, May 29th, 2018 - 166 comments

Not just, ‘we’ve got to make the good outweigh the bad’. I mean: why should dairy farming exist here?

Australia and New Zealand budget days

Written By: - Date published: 7:47 am, May 7th, 2018 - 23 comments

Isn’t it time we at least synchronized the New Zealand budget with the Australian budget?

Evidence-based foreign policy

Written By: - Date published: 6:07 pm, April 2nd, 2018 - 99 comments

In the second stage of a false flag attack, facts go out the window and the sole issue becomes “are you for us or against us.” Our media and National Party politicians are well into this stage in the Skripal affair. But as questions mount and skeptics proliferate from all sides, Jacinda Ardern and Winston Peters may well be wiser than media advisers by not following blindly  the western herd. 26 countries is not the whole world. Update: Porton Down unable to establish Novichok of Russian origin.

Economy 2018

Written By: - Date published: 8:00 am, December 9th, 2017 - 31 comments

It’s that time of year where we start making predictions for 2018. I see it looking not too hot, not too cold.

TPP, Corporate Coup or “Free trade”?

Written By: - Date published: 9:07 pm, November 8th, 2017 - 99 comments

However. TPP ( The trans Pacific partnership) is NOT a “Free trade” agreement. It is an attempt to cement in corporate power, to override inconvenient  local Democracy, and collect rents from local communities in perpetuity.
Since when was giving large companies extra rights in law, and rights to extract even more economic rents, “Free trade”?

No one owns water, apart from corporations who sell it …

Written By: - Date published: 12:43 pm, May 22nd, 2017 - 27 comments

The Herald has reported that ordinary New Zealanders are paying 500 times as much for water as corporations who export it.

Protecting our biggest export income earner

Written By: - Date published: 7:03 am, May 2nd, 2017 - 51 comments

Tourism Export Council: “The National Policy Statement for Freshwater Management (NPS-FM) in its current form is nothing more than a PR-stunt from Government who continue to ignore scientists and expert opinion re the state of our freshwater. The NPS-FM does not address the serious problems facing our waterways and, in fact, will make them worse.”

Another reason for water pricing

Written By: - Date published: 8:52 am, March 28th, 2017 - 19 comments

The Government will be embarassed by another example of a corporation planning to extract ten billion litres of fresh water a year essentially at no cost which has arisen.

TPP: An epitaph for self-interested treaties done in secret

Written By: - Date published: 1:23 am, November 23rd, 2016 - 39 comments

The misogynist buffoon, under-skilled charlatan and ignorant bigot that the Americans have elected to be their constitutional monarch for the next four years appears to have effectively killed the constraint of trade agreement known as the TPP. From a freer trade advocate, avid exporter, and labour movement supporter with a touch of green :- Good riddance.

Trump final campaign ad

Written By: - Date published: 12:29 pm, November 6th, 2016 - 79 comments

Donald Trump’s last campaign ad lifts the mood of a relentlessly negative campaign between two massively disliked candidates.

NZ Tech

Written By: - Date published: 9:01 am, October 21st, 2016 - 45 comments

The top 200 tech “exporters” are now turning over NZD 9.4 billion. This year revenue increased by more that NZD 1 billion. Which is pretty phenomenal bearing in mind the sluggish world economy. It meant that they grew an additional 3000 odd highly paid jobs in just those top companies. Even this intellectually bereft government isn’t proving to be too much of a hindrance to tech business.

Fortress NZ

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.

Charles Hugh Smith – The Ultimate Long Game: Autarky and Resilience

Written By: - Date published: 6:17 pm, August 18th, 2016 - 28 comments

Today, electronic numbers in electronic bank accounts are the most important things to the people who lead NZ. That’s going to have to seriously change. The country’s capacity and resources in terms of food, energy, water and cultural/social resiliency is what actually counts.

Trade retaliation

Written By: - Date published: 1:21 pm, August 3rd, 2016 - 50 comments

The Nats are in a difficult spot here, no doubt about it. The weak steel is a serious issue and it should be investigated. But their usual tactics of deny and lie have been caught out yet again.

We’re going to burn it all, until we burn it down.

Written By: - Date published: 12:11 am, May 20th, 2016 - 173 comments

What does it really mean to reduce NZ’s total fossil fuel use by 50% by 2030: a warm up discussion for an upcoming thought experiment.

Make the TPP a Conscience Vote

Written By: - Date published: 6:29 pm, May 15th, 2016 - 84 comments

Last week, Andrew Little gave Phil Goff permission to vote with National for the TPP. Bryan Bruce asks if it is time for all MPs to be given a conscience vote on the TPP.

Logging truck roll overs meeting: Otaika Valley Hall tomorrow night!

Written By: - Date published: 12:06 pm, May 9th, 2016 - 19 comments

A fully laden logging truck tears up the road like thousands of cars. And when they keep rolling over around the corner, locals get very nervous and upset for themselves and their kids.

It’s time to reform Fonterra

Written By: - Date published: 9:00 am, March 25th, 2016 - 49 comments

Fonterra was formed to give New Zealand an economic advantage.  Instead it is looking like the country’s biggest achilles heel.  Time to reform?

Key is on top of the dairy crisis

Written By: - Date published: 3:28 pm, March 15th, 2016 - 107 comments

Or not.

Safe As Milk

Written By: - Date published: 1:44 pm, March 14th, 2016 - 110 comments

Labour is calling for an urgent summit of the dairy industry players to avoid the looming bankruptcy of one in ten farmers. National’s response? Crisis, what crisis?

Who is ultimately responsible for NZ’s massive dairy farm debt?

Written By: - Date published: 1:11 pm, March 12th, 2016 - 82 comments

People talk of excessive borrowing in the dairy sector. Of course, the real problem is that of excessive lending.

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