Economy

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

Categories under Economy

Green MP Gareth Hughes speaking bold truth ahead of his retirement at next election

Written By: - Date published: 9:54 am, November 17th, 2019 - 105 comments

“I’ve grown up knowing nothing but the revolution of the early 1980s. This is this operating system which was uploaded in New Zealand and people have tried to install better policies or better programs, but if they don’t work with the system, they are crashing”

The 2008 financial crisis casts a long shadow over UK politics

Written By: - Date published: 3:58 am, November 16th, 2019 - 2 comments

Nick Kelly on why the 2008 Global Financial Crisis is still having a dramatic effect on United Kingdom Politics.

Dunedin’s Hillside Rail Workshop

Written By: - Date published: 9:00 am, November 4th, 2019 - 15 comments

Good news for Dunedin and the Country as the Government has announced a $20 million upgrade of the Hillside Rail Workshop.

TWP – sorted?

Written By: - Date published: 12:10 am, November 4th, 2019 - 15 comments

A guest post from Chrissy Thomas on Te Whare Pounamu, Dunedin Women’s Refuge.

Trickle down fails yet again

Written By: - Date published: 11:13 am, November 3rd, 2019 - 50 comments

Despite its continuous failure to work over the past 40 years trickle down remains a favourite justification by right wing administrations for allowing unfettered greed.

No Social welfare handouts for multinational corporations

Written By: - Date published: 8:33 am, November 2nd, 2019 - 98 comments

Rio Tinto is practising further brinkmanship and have reportedly sent in a closure team to assess the viability of Tiwai Point and no doubt seek a Government handout. Is it time to say no and provide cheaper cleaner power to the country instead?

Unapologetic populism?

Written By: - Date published: 7:51 am, October 29th, 2019 - 44 comments

A Wall Street broker has accused Democratic nominee Elizabeth Warren of unapologetic populism in her desire to help workers, the environment, those with lower incomes, and women and minorities as if these are bad things.

Brittle cities

Written By: - Date published: 7:30 am, October 29th, 2019 - 10 comments

It is pretty hard to miss a variety of cities around the world going nuts for apparently minor offences.

Happy Labour day

Written By: - Date published: 8:00 am, October 28th, 2019 - 20 comments

Happy Labour day everyone.  Have a great day. And don’t forget the importance of the Labour movement and of collective action in preserving and enhancing our quality of life.

The Government-Auckland relationship

Written By: - Date published: 1:22 pm, October 25th, 2019 - 26 comments

The Sky City National Convention Centre fire brings the Government Auckland relationship to a very sharp edge. It was tense before. It’s worse now.

Dog whistling Housing Corp tenants

Written By: - Date published: 12:35 pm, October 25th, 2019 - 29 comments

National has announced that it will put an end to a “state house for life” if it gets into power next year.  But its rationale is not only cruel but based on a faulty understanding of the local reality.

Fire in the Sky – Smoke in the city

Written By: - Date published: 7:28 am, October 25th, 2019 - 20 comments

Joe Carolyn from Unite Union has posted on the effects of the Sky Convention Centre fire on workers at Sky City.

Farmers given a chance. I think National will screw it up for them.

Written By: - Date published: 8:11 am, October 24th, 2019 - 21 comments

One of the less endearing traits of National is their ability to screw almost anything up for short-term advantage regardless how it impacts long-term. Usually this comes from the results of in-fighting within the party. The agricultural emissions deal is likely to get caught again.

Why unions won’t give up on Fair Pay Agreements

Written By: - Date published: 7:11 am, October 18th, 2019 - 40 comments

The CTU has launched a campaign to raise awareness about a discussion paper released by the Government on fair pay agreements amongst media comment that government support may not be secure.

One News Colmar Brunton Poll Oct 2019

Written By: - Date published: 6:21 pm, October 14th, 2019 - 121 comments

The October TV One/Colmar Brunton poll is out. Like yesterday’s devastating TV3 poll result showing National not waving, but drowning, today’s poll confirms that NZ is still heading toward an historic Labour/Green Government, despite the Tories flirting with numbers in the high fifties.

UPDATE: Some weirdness with the numbers: they add up to 101% and 47% does not actually give National 60 seats, so the ‘Poll Says National Can Govern’ headlines are a wee bit optimistic.  TRP.

$7.5 billion surplus

Written By: - Date published: 2:08 pm, October 8th, 2019 - 101 comments

The Government has announced a $7.5 billion dollar surplus.  Is it time to start spending?

Rates, debt, growth and PPP

Written By: - Date published: 9:38 am, October 8th, 2019 - 33 comments

Stuff had an interesting piece looking at rates, taxes and local infrastructure “Rates are much lower than you think, and they’re responsible for miserable growth in cities”. They just missed out one crucial factor. The way that PPP debates often block infrastructure. Interesting that got missed..

National’s plans to torment poor people leaked

Written By: - Date published: 8:08 am, October 4th, 2019 - 110 comments

National’s plans to torment poor people for political gain have been leaked.

China independence day

Written By: - Date published: 4:17 pm, October 1st, 2019 - 91 comments

October 1st is the National Day of the People’s Republic of China. They like to make it a big day, bigger than the United States’ July 4th. It’s called Golden Week because they all really holiday and reconnect across the country. They shop like lock forwards pack down. It’s massive. As the 70th event, it […]

The Government’s Economic Development Plan

Written By: - Date published: 7:35 am, September 30th, 2019 - 15 comments

Last week the government launched its Economic Development Plan, arguably late but with lots of useful initiatives.

Fonterra, again

Written By: - Date published: 9:15 am, September 29th, 2019 - 24 comments

Why New Zealand – and its government – need to engage much harder about Fonterra.

Battery power gets way more interesting

Written By: - Date published: 10:10 am, September 27th, 2019 - 35 comments

Anyone who has been around tech for the last couple of decades will be aware of the liberating and industry disruptive effect of batteries. This caught my attention – “Tesla May Have Invented a Million-Mile Electric Car Battery”. It was well worth the read.

Fairy tales of eternal economic growth

Written By: - Date published: 8:13 am, September 24th, 2019 - 67 comments

Greta Thunberg has spoken at the UN Climate Change summit and has warned the world that it is stealing the dreams and hopes of young people through its failure to address climate change.

The NZIER Report on dairying and fresh water

Written By: - Date published: 8:47 am, September 20th, 2019 - 19 comments

“New Zealand does not face stark choices between having a dairy sector versus having clean waterways. Experience shows that, by focusing on profits, not production, farms can increase their economic returns and reduce their impact on the environment.”

Where is the Government on oil reliance?

Written By: - Date published: 7:57 am, September 19th, 2019 - 14 comments

Even though New Zealand is one of the most oil-reliant countries on earth, the Government has a disturbing lack of a plan for security of supply.

Macron speech – The end of Western hegemony

Written By: - Date published: 2:09 am, September 19th, 2019 - 21 comments

France President Macron’s remarkable and wide-ranging speech to French ambassadors after France hosted the recent G7 conference in Biarritz is well worth a read. He lays it all out – so much better than Trump’s tweets or BoJo’s bluster.

How This Government Can Still Win

Written By: - Date published: 8:13 am, September 16th, 2019 - 91 comments

Some suggestions on how Labour can retain power at the next election.

National are lighting political dumpster fires while the Amazon burns

Written By: - Date published: 7:15 am, August 27th, 2019 - 47 comments

New Zealand’s poster boys for late stage capitalism’s dying throes are fools of the highest order.

National tacks right

Written By: - Date published: 3:35 pm, August 26th, 2019 - 44 comments

National has released its economic policies for the next 12 months and they have a decidedly backward feeling about them.

Kill us now, or choose life.

Written By: - Date published: 7:13 am, August 23rd, 2019 - 27 comments

The Amazon burns. The Arctic is on fire. We won’t be able to eat or breath our electric cars, but we still have time to choose a different path.

Labour and welfare

Written By: - Date published: 7:34 am, August 22nd, 2019 - 93 comments

Many of us wanted to believe that the Ardern-led compassion would apply to all New Zealanders, but Labour’s defence of highly punitive benefit sanctions tell us it doesn’t.