Economy

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

Categories under Economy

Trumping Idiocy

Written By: - Date published: 4:59 pm, March 29th, 2017 - 28 comments

If you are absolutely determined to be one of the idiot legion who’re forever squirreling their heads deeper into sand, then don’t read this post.

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.

Down the Gurgler.

Written By: - Date published: 4:18 pm, March 27th, 2017 - 69 comments

Getting sick, tired and angry of this malarkey.

Spinoff series – rent week

Written By: - Date published: 12:51 pm, March 27th, 2017 - 58 comments

While much of the coverage of the housing crisis focuses on buyers, the situation facing renters is just as bad. Last week The Spinoff ran an excellent series on renting in NZ: “It’s getting desperate out there”.

More thoughts on the Labour-Greens Budget Responsibility Rules

Written By: - Date published: 8:39 am, March 25th, 2017 - 111 comments

The Labour-Green Budget Responsibility Rules announcement this week ought to dispel the notion that Labour and the Greens cannot work together.

Labour Green fiscal framework

Written By: - Date published: 9:16 am, March 24th, 2017 - 97 comments

As widely reported this morning, Labour and the Greens have set out an agreed fiscal framework. Smart politics.

A taxing question or two

Written By: - Date published: 8:35 am, March 24th, 2017 - 46 comments

Apple aren’t paying tax – are we doing all we can so multi-national’s do pay their share? And would the public actually prefer a tax rise (and decent housing/ health / education) rather than a tax cut?

Oil prospecting on the shores of Lake Te Anau?

Written By: - Date published: 3:10 pm, March 22nd, 2017 - 22 comments

The Nats are buying another fight with NZ’s nature lovers. Last time they tried something like this 50,000 marched in Auckland and they were forced to back down.

Climate Change and Us

Written By: - Date published: 4:02 pm, March 21st, 2017 - 4 comments

3 major environmental reports today – the OECD says our economy is beyond environmental limits; a cross party group of MPs sponsor research into the way to net zero emissions; and the World Meteorological Organisation has a stark look at continued climate change.

OECD: NZ growth model reaching its environmental limits

Written By: - Date published: 12:08 pm, March 21st, 2017 - 40 comments

New Zealand is about to reach the limits of growth.

Living Economies Expo

Written By: - Date published: 11:02 am, March 21st, 2017 - 2 comments

“Imagine a country which respects the living planet; whose people enjoy fair land tenure, good housing, good health, wholesome food, a rewarding livelihood, free education, a compassionate justice system, and an adequate income: a country with an inclusive democracy grounded in vibrant communities.”

National’s water problem

Written By: - Date published: 8:03 am, March 21st, 2017 - 48 comments

The Government’s timid backdown on water charging is placing it in a very uncomfortable position.

NRT: “Too hard”

Written By: - Date published: 2:05 pm, March 20th, 2017 - 53 comments

No Right Turn: “The real barrier to National … acting on this is because that “no-one owns water, first come, first served” policy disproportionately benefits one group and allows them to profiteer from a public resource while destroying its value to others. That group is farmers – and they donate to the National Party.”

Fix our tax law!

Written By: - Date published: 7:02 am, March 20th, 2017 - 128 comments

Multinationals exploit our tax laws to pay no tax in NZ. Matt Nippert has been doing great work on this, and his latest this weekend on Apple is a powerful example. Planned changes to our laws don’t go far enough. We need to fix this. What’s the downside? What’s the delay?

Sunday Book Club

Written By: - Date published: 8:06 am, March 19th, 2017 - 31 comments

What if our production methods were designed to produce health, beauty,  and permanence?

Reducing substance abuse – what actually works

Written By: - Date published: 8:25 am, March 18th, 2017 - 66 comments

If, instead of macho posturing (like the “War on P”), we wanted to actually tackle substance abuse, we would be looking at what actually works. Interesting case study in Iceland.

TS Book Club this Sunday

Written By: - Date published: 7:05 am, March 17th, 2017 - No comments

We will be discussing Small is Beautiful – Economics as if People Mattered by E. F. Schumacher.

Murdoch on the tax-cut striptease (NSFW)

Written By: - Date published: 2:26 pm, March 15th, 2017 - 9 comments

Dear Izzy

Written By: - Date published: 9:12 am, March 15th, 2017 - 27 comments

Married couple, increase after tax $8.36 a fortnight each or $4.18 each a week!!!!! Disposable Income, 0.5971428 each a day !!!! Goes up on April 1st, how the hell did they arrive at this sum?

I find out.

Free market efficiency in health – not

Written By: - Date published: 7:05 am, March 15th, 2017 - 37 comments

The idea of free market efficiency is not nearly as powerful or universal as its (often fanatical) proponents would have us believe. The sorry state of the USA’s health system is yet another compelling example of its limitations.

There are no surpluses

Written By: - Date published: 9:48 am, March 14th, 2017 - 38 comments

There are no surpluses in NZ right now, not in any real sense. There is only debt, negative externalities and deferred costs.

English flogging National’s one-trick pony

Written By: - Date published: 9:50 am, March 13th, 2017 - 73 comments

Never mind the record debt, the dropped contributions to the Cullen fund, the housing crisis, rising poverty, the deteriorating health system, the costs of quake rebuilds, the filthy water, the need to prepare for climate change – never mind all that, have an election bribe!

A tenant’s tale

Written By: - Date published: 8:11 am, March 12th, 2017 - 198 comments

“And when I saw that article in the NZ Herald this morning , in light of whats been happening to so many New Zealander family’s having to sleep in cars and the like over the past few years – I thought ”FUCK IT !!”… Im going to say something.”

Household debt

Written By: - Date published: 11:47 am, March 8th, 2017 - 93 comments

The IMF warns that our household debt is far too high, as desperate tenants start raiding the Kiwisaver accounts to pay the rent.

2040? The robots will have taken over

Written By: - Date published: 8:59 am, March 8th, 2017 - 53 comments

Bill English’s new super plan falls between 2 stools. The super cost crisis that he’s trying to summon up, is before 2040 if it exists. The solution was the Cullen Fund. By 2040 you’re just adding yet another Baby Boomer cost onto GenX and the millenials, and there’s going to be a shortage of jobs anyway, without adding 65 & 66 year-olds to our dole queues.

The gender pay gap – grandstanding but no action

Written By: - Date published: 7:10 am, March 8th, 2017 - 73 comments

A new report has some really interesting findings on the gender pay gap. Paula Bennett engaged in a bit of grandstanding, but it rings completely hollow given National’s history on the issue.

Happy International Women’s Day.

English a shambles

Written By: - Date published: 7:52 am, March 7th, 2017 - 43 comments

English isn’t going to be very happy when he opens the papers this morning.

English proposes raising age of super to 67 (eventually)

Written By: - Date published: 4:08 pm, March 6th, 2017 - 123 comments

In what seems to have been a panicked reaction to a disastrous series of interviews, English has just announced that the age of eligibility for super will rise from 65 to 67, phased in from 2037.

NRT: The banality of evil

Written By: - Date published: 2:48 pm, March 6th, 2017 - 3 comments

I/S at No Right Turn: “This is where National’s cuts and austerity have taken us: to a place where Corrections tortures and abuses people because it is the “cheapest” way of managing them.”

Social investment meets the surveillance state

Written By: - Date published: 11:14 pm, March 4th, 2017 - 45 comments

First they came for the budgeting services. Now we know that every social service agency  has to provide clients’ private personal data to the Ministry of Social Development or get no funding. Apparently it’s  essential to Bill English’s much-touted and little understood “social investment” strategy, which is sounding more like something out of Orwell’s 1984. […]

English puts super back on the line

Written By: - Date published: 1:41 pm, March 4th, 2017 - 93 comments

In what was apparently a pretty dire interview on The Nation this morning, Bill English dropped one bombshell, possible changes in superannuation. For the record I think English is right on this. For a change.

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