web analytics

Economy

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

Categories under Economy

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.”

Press editorial on failed state house sell-off

Written By: - Date published: 1:09 pm, December 3rd, 2016 - 11 comments

It’s more than a “dreary lack of ambition”, it’s a deliberate plan to underfund / rundown the stock to “justify” selling off, so that the Nats can indeed “wash their hands” of their obligations.

“They’re about to pour concrete on my son’s grave” – Campbell on #StandWithPike

Written By: - Date published: 7:42 pm, December 2nd, 2016 - 39 comments

Heartbreaking stories from the picket line down at the West Coast.

Dire warnings of the bleeding obvious

Written By: - Date published: 7:57 am, December 1st, 2016 - 14 comments

Warnings from the government and the Reserve Bank that first home buyers are taking on too much debt. Prices are too high, wages are too low, interest rates are rising. These warnings are effectively telling the average first home buyer to give up.

Tax the Rich An animated fairy tale

Written By: - Date published: 8:52 am, November 30th, 2016 - 10 comments

A short video produced by US unions “to support a fairer tax system”.

Child abuse and poverty – still with us

Written By: - Date published: 11:32 am, November 28th, 2016 - 33 comments

As topics like Trump and the quakes take the limelight, the slow tragedies unfolding in NZ carry on in the background.

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.

Audrey Young on resurgent unions

Written By: - Date published: 8:39 am, November 26th, 2016 - 12 comments

Audrey Young writes on growing union numbers, strengths, and wins for their members. Excellent!

National better late than never on pay equity

Written By: - Date published: 8:04 am, November 26th, 2016 - 4 comments

A 2015 court decision forced National’s hand on pay equity. This week the equity working group reported back. To its credit National is accepting the recommendations, and unions are hailing a big win. But the final form of any law is not yet clear.

National plans to sell Housing Corp home Key grew up in

Written By: - Date published: 8:30 am, November 25th, 2016 - 39 comments

John Key, the state house tenant turned good who has relied heavily on his humble upbringing is overseeing the sale of the state house he grew up in.

Elf & Safety

Written By: - Date published: 3:56 pm, November 24th, 2016 - 6 comments

It was disappointing to see Michael Woodhouse’s complacency for the government at one worker each week dying on the job. That can’t be acceptable. The new health & safety laws are a big improvement, and are making a difference in NZ businesses.  It took a ridiculous time (and workers continuing to die) from Pike River […]

Mining engineer: Solid Energy’s decision is “irrational”

Written By: - Date published: 1:37 pm, November 24th, 2016 - 35 comments

An engineer’s report concluded it would be safe to enter the mine to look for evidence of the cause the blasts which killed 29 men.

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 […]

Nat state house selloff in tatters

Written By: - Date published: 7:18 am, November 23rd, 2016 - 24 comments

Another fail in National’s plan to sell off state houses is good news for those of us who believe that it is the government’s responsibility to take care of society’s most vulnerable.

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.

QC describes Pike River mine as a ‘homicide scene’

Written By: - Date published: 10:11 am, November 22nd, 2016 - 51 comments

On Checkpoint Nigel Hampton QC described the Pike River mine as a ‘crime scene’ and a ‘homicide scene’, and he questioned the motives of those rushing to seal the mine.

The eternal tax-cut mirage

Written By: - Date published: 8:15 am, November 21st, 2016 - 93 comments

Despite the unknown cost of the quakes, and the host of other urgent needs, Key is once again talking up election-bribe tax cuts.

Andrew Little: Promises to Pike families must be kept

Written By: - Date published: 11:57 am, November 20th, 2016 - 81 comments

Yesterday marked the sixth anniversary of the Pike River disaster. Here is a statement released by Andrew Little urging that the mine not be sealed and the deaths of the miners be investigated and their bodies brought home.

Six years on, the government still lies about Pike River

Written By: - Date published: 12:00 pm, November 19th, 2016 - 11 comments

For six years the families of the men who died at Pike River have not had clear answers about what happened. From the Pike River Royal Commission, they got some answers. From the government, nothing but lies.

Pike River anniversary: what have we become?

Written By: - Date published: 10:08 am, November 19th, 2016 - 17 comments

Six years ago this morning, 31 men went to work in a coal mine. 29 of them still lay there.

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.

As politicians go….

Written By: - Date published: 9:57 am, November 18th, 2016 - 21 comments

Following voters in the USA adding yet another to a growing list of defeats for the radical centre….

Pike River Mine can be safely re-entered – but the Government says no

Written By: - Date published: 6:08 pm, November 17th, 2016 - 62 comments

Damien O’Connor and Denise Roche have taken it to Nick Smith in the House today over the government’s plan to seal Pike River mine forever.

Kindness

Written By: - Date published: 1:38 pm, November 17th, 2016 - 13 comments

It has been a terrible year.  People should think about being kind to each other and looking after each other.

Celebrity Debate: Will a Universal Transaction Tax benefit the NZ economy?

Written By: - Date published: 7:29 am, November 17th, 2016 - 56 comments

Details of a celebrity debate happening this Friday in Auckland on the benefit of a Universal Transaction Tax or Robin Hood tax. The affirmative side will feature Peter Nielson, Jane Kelsey and Rod Oram and the negative side will include Deborah Russell, Nigel Haworth and Shamubeel Eaqub.

Trump and the NZ housing bubble

Written By: - Date published: 7:26 am, November 16th, 2016 - 21 comments

The bright orange trigger for a sharp rise in mortgage interest rates may have just arrived. Our over-indebted home owners are highly vulnerable.

Te Ikaroa – Seismic Testing Presents Significant Risk To East Coast

Written By: - Date published: 9:46 pm, November 15th, 2016 - 64 comments

“Seismic blasting, every 10 seconds, 24hrs a day from now until next May” Time to step up again and protect our environment.

Sonya Rockhouse: This isn’t just about our families. It’s about all of us

Written By: - Date published: 8:30 am, November 15th, 2016 - 22 comments

“Now six years later, the Government is moving to seal the mine. They are literally putting hundreds of tonnes of concrete between us and our boys. Between the whole world and whatever evidence of what happened is down there.”

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.

South Island quake

Written By: - Date published: 12:30 am, November 14th, 2016 - 115 comments

A night of quakes.

Beach and shore warning (original major Tsunami warning is over).

Wellington recommends avoid CBD today (all trains cancelled).

Scholarship exams today are postponed, NCEA exams proceeding where possible – official link.

Oh noes! The world’s not going to saved now!

Written By: - Date published: 12:00 pm, November 13th, 2016 - 49 comments

Bollocks. It was never going to be.

Recent Comments

Recent Posts

No feed items found.