Economy

Posts on the economy, work, business, income, and labour

Categories under Economy

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Indications of wages rising

Written By: lprent - Date published: 8:17 am, February 15th, 2022 - 16 comments

It sounds like the Industrial and Trades sector of the economy has had a significiant wage rise over the last year. While we wait for the wages stats data, this is an interesting indicator. The national median hourly pay in the sector is now $27 an hour, up $2 from 2020/21. But this isn’t just here, the world labour market is shifting just as the supply chains are.

Can this government get re-elected?

Written By: advantage - Date published: 10:56 am, February 13th, 2022 - 34 comments

Where will the votes come from to get Labour a third term?

Chloe Swarbrick Needs A Reset

Written By: advantage - Date published: 11:01 am, February 10th, 2022 - 42 comments

Chloe Swarbrick has requested that the government help Auckland central’s restaurants. But in a post Covid pre climate change world this is not going to help.

Prime Minister Ardern on Climate Change and the economy

Written By: advantage - Date published: 12:27 pm, February 9th, 2022 - 33 comments

The full text is worth perusing across multiple areas, but Prime Minister Ardern’s speech in Parliament yesterday gave useful hints about how the economy and climate change are being integrated into a single economic strategy.

And what have they done anyway?

Written By: advantage - Date published: 7:41 am, February 2nd, 2022 - 107 comments

With Ardern getting a good-old media beat-down, remember here’s how to change a country for good like no one else but Labour can.

Labour has overseen massive inequality increase – Bernard Hickey

Written By: Simon Louisson - Date published: 1:14 pm, January 27th, 2022 - 154 comments

The Government’s Covid 19 response, mainly via Reserve Bank measures, has enabled a mind-boggling increase in inequality, according to influential financial commentator Bernard Hickey. Covid response has saved multiple lives, but its refusal to simultaneously address inequality via taxes raises uncomfortable questions about how a leftist government has overseen a once-in-a-generation shift in wealth

The importance of proper mask wearing

Written By: mickysavage - Date published: 8:58 am, January 27th, 2022 - 55 comments

With an Omicron surge appearing to be inevitable the importance of proper mask wearing has never been more important.

The Price Isn’t Yet Right To Invade Ukraine

Written By: advantage - Date published: 12:32 pm, January 26th, 2022 - 59 comments

The entity making the most money out of threatening the Ukraine is the Russian Federation government itself. Follow the money.

In Tax we trust

Written By: advantage - Date published: 11:20 am, January 24th, 2022 - 86 comments

In a welcome change Millionaires and billionaires worldwide are calling for governments to tax them more.

What about those neat capital gains on housing, eh?

Written By: weka - Date published: 12:48 pm, January 14th, 2022 - 184 comments

Labour are doing the things about the housing crisis they said they would. It’s not working.

It’s Time.

Written By: Bill - Date published: 2:46 pm, January 10th, 2022 - 324 comments

In seven or eight days from now, the dutiful lackeys of the NZ government and the public health dept they direct, are set to come after every child in NZ between the ages of 5 and 12 with injections of m-RNA to hand.

Book Review Helen Kelly: her life

Written By: mickysavage - Date published: 7:05 pm, January 8th, 2022 - 12 comments

The Helen Kelly biography by Rebacca Macfie provides a clear and intense overview of what has happened to New Zealand society over the past 40 years from a time of high union membership and equality to now where unions struggle and inequality is significant.

Maintenance time

Written By: lprent - Date published: 11:51 am, January 2nd, 2022 - 15 comments

The Standard server is going down for a few hours later today for maintenance. Some of the drives in the archive array are getting old. The SSDs in The Standard array are showing wear. Needs a good vacuum – for which I mostly blame the cat….

What Starts off in Support of Alabama’s Miners …

Written By: advantage - Date published: 10:00 am, December 28th, 2021 - 2 comments

What Starts off in Support of Alabama’s Miners turns into a homily from Beau on the power of getting community change going when and only when you have the organisational power to pull it off month after month after month.

The pandemic is resiliency training

Written By: weka - Date published: 12:17 pm, December 24th, 2021 - 12 comments

Fear and loathing on both sides of the fence, or adaptation and resiliency? We do have some choices.

Our Energy Upheaval

Written By: advantage - Date published: 7:39 am, December 23rd, 2021 - 79 comments

Ministers Wood, Shaw and Parker (Energy, Climate Change, and RMA reform respectively), must pull their eyes downward from the misty clouds of climate change and stuff multiple decades away and down into the jagged, shadowy deal-by-deal path of the transition to clean energy.

Revisiting Riverton: the Longwood Loop food resiliency project

Written By: weka - Date published: 6:15 am, December 22nd, 2021 - 22 comments

Key here is the resilience politics of greenies, DIYers and anarchists, where we just don’t wait for the government to act, we get on with and build the new ways ourselves.

The country’s books are in remarkably good shape

Written By: mickysavage - Date published: 8:44 am, December 16th, 2021 - 79 comments

As the country rebounds out of partial lockdown the Treasury’s recently released half yearly Economic and Fiscal update suggests that the Country’s accounts are in remarkably good shape.

Clearing the decks

Written By: mickysavage - Date published: 10:00 am, December 13th, 2021 - 14 comments

The draft report into Nick Smith’s treatment of a young staff member that eventually saw him leave Parliament has made its way into the public realm, just in time to be lost in the pre Christmas media wash up.

The 2022 Economic Boom

Written By: advantage - Date published: 11:18 am, December 12th, 2021 - 23 comments

New Zealand is seeing a strong, business-led recovery. But what will we do with this success?

Fair pay agreements – the employers fight back

Written By: mickysavage - Date published: 10:19 am, December 11th, 2021 - 48 comments

BusinessNZ and Federated Farmers have this week attacked the Government for intending to implement policy designed to improve the plight of poorly paid workers.

Fonterra’s Capital Restructure

Written By: advantage - 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.

National’s factional problem

Written By: mickysavage - Date published: 9:18 am, November 28th, 2021 - 91 comments

National’s basic problem is that it has three discrete factions, christian conservatives, urban liberals and the country grouping. And no coherent vision to reconcile these totally disparate groupings.

Class oppression and discrimination

Written By: weka - Date published: 12:45 pm, November 27th, 2021 - 79 comments

A brief analysis of power.

He Waka Eke Noa?

Written By: advantage - Date published: 8:32 am, November 24th, 2021 - 14 comments

While a core of farmers protested a few days ago against farm environmental regulation with long lines of tractors, the organised form of agribusiness, Maori and government working together have concluded that making a climate different isn’t possible.