Economy
Posts on the economy, work, business, income, and labour
Categories under Economy
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Greens announce income guarantee and wealth tax policy
Written By: - Date published: 6:31 pm, June 11th, 2023 - 65 comments
The Green Party has today announced an income guarantee and a wealth tax.
Our Great De-Leveraging
Written By: - Date published: 5:05 pm, June 4th, 2023 - 13 comments
Debt is the most destructive and addictive form of economic behaviour we have in New Zealand. And mortgages are New Zealand’s very high grade heroin and we are being forced to come down off a most spectacular high into a rage-inducing forced withdrawal.
Why We Need Universalism, Not Tax Cuts, To Solve The Cost-Of-Living Crisis
Written By: - Date published: 8:24 am, June 1st, 2023 - 64 comments
The pros & cons of tax cuts vs. universalism suggest that universalism might be universally better for New Zealand.
Superannuation policy becomes political
Written By: - Date published: 9:18 am, May 29th, 2023 - 68 comments
National’s promise to increase the age of retirement and likely cuts to Cullen fund contributions and state Kiwisaver payments have been seized on by Labour as evidence that National does not care about ordinary people.
The fast and the really furious
Written By: - Date published: 8:24 am, May 24th, 2023 - 30 comments
Christopher Luxon had no idea that National has recently used artificially generated images in what appears to be a crude attempt to avoid historical issues National has had with respecting the intellectual property rights of artists.
The real coalition of chaos
Written By: - Date published: 8:52 am, May 23rd, 2023 - 22 comments
National has hatched on its attack line which we will hear about a lot over the next few months. But it may have a problem. Because the phrase “coalition of chaos” clearly applies to its leadership team.
How come government doesn’t improve our economy?
Written By: - Date published: 8:24 am, May 21st, 2023 - 41 comments
When we continue to spend our money on stupid stuff, we get a dumb country.
Our heat battery in the oceans
Written By: - Date published: 10:04 am, May 19th, 2023 - 28 comments
Almost all of the extra heat that humans have captured by adding greenhouse gases to the atmosphere over the last few centuries has wound up warming the deep oceans. We’re now starting to feel the effects of that excess heat.
National thinks tax cut good, reduction in Government charges bad
Written By: - Date published: 8:13 am, May 19th, 2023 - 77 comments
National has promised to reverse the removal of prescription charges even though it has a strong policy support and is an example of the state taking less of individuals’ private wealth.
Green Budget Day 2023
Written By: - Date published: 11:27 am, May 18th, 2023 - 15 comments
“All of these things were impossible, until they weren’t” – Chloe Swarbrick
Budget day
Written By: - Date published: 9:55 am, May 18th, 2023 - 49 comments
Today is Budget Day with the proceedings kicking off at 2 pm.
National's Policy Machine is a thing to behold
Written By: - Date published: 12:06 pm, May 16th, 2023 - 99 comments
National’s latest policy brainstorm is to print out and mail to every taxpayer information they could obtain by using Google and MyIRD.
What Do The Maori Party Want Anyway?
Written By: - Date published: 8:05 am, May 12th, 2023 - 174 comments
Since they’re touted as 2023’s electoral ‘Kingmakers’, it’s time to understand what the Maori Party really want.
Really Small States in Really Big Conflicts
Written By: - Date published: 8:01 am, May 9th, 2023 - 16 comments
In case we just missed it, New Zealand really has picked a side. Prime Minister Hipkins will head to the NATO summit in Lithuania together with Australia, Japan and South Korean leaders. Also Vladimir Zelinskyy is intending to go as well.
How Labour Does Less And Still Wins
Written By: - Date published: 11:21 am, May 4th, 2023 - 21 comments
Prime Minister Hipkins has put Labour on course to win a third term. Here’s how.
Where Is New Zealand Extremism Going?
Written By: - Date published: 12:00 pm, April 28th, 2023 - 78 comments
I’ve worked my way through two books recently, both on extremist sects, one about New Zealand groups and one about those in the United States of America. It’s startling.
Poor Regulation Is Burning This Government Down
Written By: - Date published: 10:41 am, April 28th, 2023 - 37 comments
This government has within its power the ability to alter the crippling cost of living increases we now face. If they don’t do the political job they can do with prices, they will lose power at the election.
Why a Capital Gains tax is necessary
Written By: - Date published: 8:09 am, April 27th, 2023 - 186 comments
With the release by David Parker of a report showing that the wealthiest New Zealanders pay tax at much less than half the rate of other Kiwis is it time to again debate the virtue of a comprehensive Capital Gains Tax.
Taihoa on AUKUS Pillar 2
Written By: - Date published: 10:16 pm, April 24th, 2023 - 63 comments
Andrew Little says our government is willing to “explore” participating in AUKUS Pillar 2, but “foreign or local voices would not be a factor.” Our leaders will decide he says. I say “taihoa.”
Debate of the Day: should farms be regulated to centre climate action and nature?
Written By: - Date published: 10:57 am, April 24th, 2023 - 44 comments
In election year, National’s farming regulations bonfire flies in the face of climate action and ecological restoration.
National despairs as inflation rate drops
Written By: - Date published: 8:24 am, April 21st, 2023 - 36 comments
Yesterday Statistics New Zealand dealt a rather large blow to National’s election chances when it announced that the latest rate of inflation was 6.7%, a significant drop below the previous rate.
Really Small States in Really Big Conflicts
Written By: - Date published: 7:50 pm, April 20th, 2023 - 10 comments
We didn’t need the Russian invasion of Ukraine to tell us that great power competition is back, since China and the United States and Russia had been going at it well before even COVID temporarily messed up the multilateral trade system upon which we had built our little country. But it’s made it worse, and so we’re picking a side, and that side is NATO.
Lonely on the right side of history?
Written By: - Date published: 11:07 am, April 17th, 2023 - 18 comments
Musing after the recent IMF/World Bank meetings, Former White house economist and US Treasury secretary Larry Summers said “it’s looking a bit lonely on the right side of history..as others are increasingly banding together in a whole range of structures.”
What does Luxon think about minimum wage increases and holidays?
Written By: - Date published: 7:58 am, April 13th, 2023 - 47 comments
It is hard to reconcile Christopher Luxon’s deep christian beliefs with his desire to trash Easter Sunday as a holiday or to refuse to support increases in the minimum wage.
An Easter Meditation
Written By: - Date published: 10:02 pm, April 7th, 2023 - 16 comments
In his …and forgive them their debts, my favourite economist and Jubilee advocate Michael Hudson states that Jesus driving the money-changers from the Temple was “the act that inspired the city leaders to plot his death.”
Go well Jacinda
Written By: - Date published: 12:06 pm, April 5th, 2023 - 91 comments
Today is Jacinda’s official last day on the job as a member of Parliament.
RMA reform will not solve the climate crisis
Written By: - Date published: 10:26 am, April 4th, 2023 - 25 comments
National has proposed RMA reform as the basis for accelerating the roll out of renewable energy generation. It appears that it has never met a problem for which the solution is either a tax cut or RMA reform.
We should have a chat about Artificial Intelligence
Written By: - Date published: 10:48 am, April 2nd, 2023 - 36 comments
As we adjust to the advent of civilisation threatening climate change there is a new threat that is emerging, the unregulated development of artificial intelligence.
The Drums of War – Again
Written By: - Date published: 4:12 pm, March 20th, 2023 - 38 comments
On 20 March 2003 the US invaded Iraq, on the basis that it had and could use weapons of mass destruction. That was a lie. Australia joined President Bush ‘coalition of the willing’, New Zealand did not. The drums of war beat strong then, they are doing so again now. This time China is the target.
Wailing and Nashing of teeth
Written By: - Date published: 12:46 pm, March 16th, 2023 - 66 comments
It is pretty clear to me that leaders acting tough and beating up on members of their team leads to political advantage. I realised this back in 2010 when my mate Chris Carter succumbed to intense personal pressure and did a couple of silly things. Then leader Phil Goff went to town on Carter who […]
The Greens backing teachers’ demands
Written By: - Date published: 9:53 am, March 16th, 2023 - 10 comments
The Government needs to come to the table and ensure teacher pay keeps pace with the rising cost of putting food on the table, paying the rent, and keeping the house warm.
But, it’s important to remember that this is not just about pay. There are serious issues around funding and understaffing, ratios and sick leave.
Teanau Tuiono
- On being undeniably, irretrievably old
Summer reissue: David Hill is in his ninth decade. In a touching tribute to his late friend, he challenges some myths about ‘old farts’. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign ...1 week ago - The half-a-million-dollar decision that still haunts the book industry
Summer reissue: Narrative Muse was awarded $500,000 to boost sales of New Zealand books. Three years later, industry insiders report that it has had little, if any, impact. What went wrong? The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. ...1 week ago
- Newsroom daily quiz, Thursday 2 January
Loading…(function(i,s,o,g,r,a,m){var ql=document.querySelectorAll('A[data-quiz],DIV[data-quiz]'); if(ql){if(ql.length){for(var k=0;k<ql.length;k++){ql[k].id='quiz-embed-'+k;ql[k].href="javascript:var i=document.getElementById('quiz-embed-"+k+"');try{qz.startQuiz(i)}catch(e){i.start=1;i.style.cursor='wait';i.style.opacity='0.5'};void(0);"}}};i['QP']=r;i[r]=i[r]||function(){(i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)})(window,document,'script','https://take.quiz-maker.com/3012/CDN/quiz-embed-v1.js','qp');Got a good quiz question? Send Newsroom your questions.The post Newsroom daily quiz, Thursday 2 January appeared first on Newsroom. ...1 week ago - Daily crossword, Thursday 2 January
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- Obituary: Former Race Relations Conciliator Wally Hirsh dies
Brought to this country by his German Jewish refugee parents in 1938, Hirsh said his membership of a minority gave him special sensitivity to race issues. ...1 week ago - Getting jiggy with it: Inside the wild world of competitive speed puzzling
Summer reissue: If you thought jigsaw puzzles were meant to be relaxing, think again. Tara Ward lifts the lid on one of the Masters Games’ most intense and demanding events. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please ...1 week ago
- All 85 of The Spinoff’s rankings, ranked from worst to best
Summer reissue: The rankers become the ranked: Hera Lindsay Bird tackles the most meta ranking of them all. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up to be a member today. ...1 week ago
- Set your political imagination free (and some pleas for humanity in the NY)
Opinion: I got this book as holiday reading (I know, what a nerd!) but read it straight away. Although David Runciman is a professor, he also does popular podcasts and this is very accessible. It wanders through an eclectic bunch of thinkers who share a goal of “liberating our political ...1 week ago
- The NZ ‘voice of the century’ who wound up in a psych hospital for 16 years
Summer reissue: Mina Foley was a formidable talent dogged by wild rumours about her mental breakdown. What is the truth? The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up to be a ...1 week ago
- Ten wild political predictions for 2025
For the eighth year in a row, The Spinoff asked a hand-selected group of experts for their most outlandish political prophecy. And for the eighth year in a row, they did not disappoint. Madeleine Chapman (editor, The Spinoff) Winston Peters will realise just how bad it feels to hand over ...1 week ago
- How Mukpuddy conjured up a bold new vision of Badjelly the Witch
Mukpuddy co-founder Ryan Cooper tells Alex Casey about bringing Badjelly to a whole new generation of New Zealand kids. They conjured Badjelly back with a simple tweet. It was sometime in 2018 when Ryan Cooper’s co-founder of Mukpuddy animation studios Alex Leighton was sketching a witch, and wondered aloud if ...1 week ago
- Daily crossword, Wednesday 1 January
The post Daily crossword, Wednesday 1 January appeared first on Newsroom. ...1 week ago
- Newsroom daily quiz, Wednesday 1 January
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- Animal Justice Party Condemns Planned Mass Euthanasia Of 1,000 Canada Geese In Christchurch
"This mass slaughter is an ineffective, inhumane, and costly waste of ratepayers' money," says Danette Wereta, General Secretary of the AJP. "It’s a short-term fix that fails to address the root causes of the issue and risks exacerbating the problem ...1 week ago - Vaping kits to be made free for smokers to help them quit
The government will be supplying vaping starter kits to stop-smoking services around the country next week to help adults quit. ...1 week ago
- What has The Warehouse done to my favourite song?
Summer reissue: Alex Casey watches on in horror as the red shed makes a mockery of a beloved 1999 classic. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up to be a ...1 week ago
- 2025 New Year Honours: Six people named Knights and Dames
Prime Minister Christopher Luxon has named six people Knights or Dames as part of the 2025 New Year Honours. ...1 week ago
- How the Gen Z broccoli haircut became big business for a teen barber
Summer reissue: Three teenage barbers in Mt Albert have capitalised on a viral haircut to build businesses on Instagram. Duncan Greive gets a haircut and a lesson in modern business. Photography by Jin Fellet. The Spinoff needs to double the number of paying members we have to continue telling these ...1 week ago
- The cultural Cabinet’s top picks
Laura Walters, political editorBookThe Men Who Killed the News: The inside story of how media moguls abused their power, manipulated the truth, and distorted democracy by Eric BeecherPerhaps 2024 was the best and worst year to read this book by Aussie media executive Eric Beecher. At a time when news ...1 week ago
- ‘My grandmother lived to 112; despite cancer I’m good for a few more years’
Comment: About a year ago, a very close friend of mine told me that she had stage four cancer. I knew what it felt like to make that phone call telling friends and whānau of one’s plight because I had the same experience and, at the time, was in the ...1 week ago
- Hastening 2024’s demise with unstructured days of reading
Opinion: Many of us will be pleased to see the back of 2024 with its global unrest, recession and uncertainty. Longer, sunnier days signal that the dumpster fire that was this year is fast coming to an end.To hasten 2024’s demise I’ve started dreaming about my summer holidays: unstructured days of ...1 week ago
- The true story behind New Zealand’s emporium empire
Summer reissue: Before $2 shops and Temu, there were Arthur’s, Geoff’s and Pete’s Emporiums – and that was only the beginning. As these local institutions mark their biggest day of the year, Gabi Lardies delves into their shared history. Editor’s note: This story was first published on October 31, 2024. ...2 weeks ago
- The first Wellingtonian
Summer reissue: Hundreds of years ago, a man named Tara founded the first permanent human settlement in Wellington. The city still bears his name: Te Whanganui a Tara. But what do we actually know about him? The Spinoff needs to double the number of paying members we have to continue ...2 weeks ago
- Can Sandringham’s South Asian flavour survive gentrification?
Summer reissue: Thirty years ago, Sandringham wasn’t known for Indian food at all. What will it look like in another three decades? The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up ...2 weeks ago
- Daily crossword, Tuesday 31 December
The post Daily crossword, Tuesday 31 December appeared first on Newsroom. ...2 weeks ago
- Newsroom daily quiz, Tuesday 31 December
Loading…(function(i,s,o,g,r,a,m){var ql=document.querySelectorAll('A[data-quiz],DIV[data-quiz]'); if(ql){if(ql.length){for(var k=0;k<ql.length;k++){ql[k].id='quiz-embed-'+k;ql[k].href="javascript:var i=document.getElementById('quiz-embed-"+k+"');try{qz.startQuiz(i)}catch(e){i.start=1;i.style.cursor='wait';i.style.opacity='0.5'};void(0);"}}};i['QP']=r;i[r]=i[r]||function(){(i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)})(window,document,'script','https://take.quiz-maker.com/3012/CDN/quiz-embed-v1.js','qp');Got a good quiz question? Send Newsroom your questions.The post Newsroom daily quiz, Tuesday 31 December appeared first on Newsroom. ...2 weeks ago
- Opposing The Normalization Of Apartheid Through Sport
Welcoming Israeli athletes to Aotearoa is not a neutral act. It normalizes the systemic injustices perpetrated by the Israeli state against Palestinians. ...2 weeks ago
- Protest Against Israeli Tennis Player At The ASB Tennis Classic Today
Glushko has served in the Israeli military and is an Israeli army reservist. She is representing the rogue, apartheid state of Israel at the tournament. ...2 weeks ago
- A complete list of things I only know about because of The Office
Summer reissue: A spider is an arachnid, not an insect… and 50 other fun and obscure facts, names, places and phrases. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up to be ...2 weeks ago
- Dream job or idle fantasy? What it’s like running horse treks in the Far North
Summer reissue: Selena Anderson from Ahipara Horse Treks seems to have a perfect job. But what’s it like behind the scenes? The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up to be ...2 weeks ago
- Sez Says: A final 24 thoughts on 2024
1. Lydia Ko clocked golf in 2024. Winning an Olympic gold medal in Paris to complete her set (bronze in Tokyo, silver in Rio), Ko then had the necessary requirements to be inducted into the LGPA Hall of Fame at just 27 years old. Two weeks after the victory in ...2 weeks ago
- Academics ‘indoctrinating’ students? What the Dickens!
Opinion: I retired from academic life three years ago, having taught mainly 19th-century British literature at Auckland University since 1987. One thing I am pleased to have avoided once retiring is being regularly caught up in the very histrionic representation of universities and their staff in current public rhetoric. But ...2 weeks ago
- Peters on NZ First: ‘You ain’t seen nothing yet’
Winston Peters doesn’t trust the polls.They’re unreliable – he knows it, you know it, and we all know it, as the man himself might say.Yet when Peters sits down with Newsroom to discuss New Zealand First’s plans for 2025, polling is the first thing he brings up.“Our internal polls all ...2 weeks ago
- Is cooking with dog food instead of meat actually fine? I gave it a go
Summer reissue: Results ranged from surprisingly yum to soul-destroying. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up to be a member today. I love cooking. The kitchen is a hearth of ...2 weeks ago
- When and where does a ‘bach’ become a ‘crib’?
Summer reissue: Alex Casey goes on a linguistic journey to find the true difference between who’s using ‘bach’ and ‘crib’ across our fair nation. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign ...2 weeks ago
- ‘Everything I do in life, I do it for my donor’: Inside Aotearoa’s struggling organ donation s...
Summer reissue: We don’t have enough organ donors in New Zealand. The Spinoff investigates the problem – and how we might fix it. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up ...2 weeks ago
- Newsroom daily quiz, Monday 30 December
Loading…(function(i,s,o,g,r,a,m){var ql=document.querySelectorAll('A[data-quiz],DIV[data-quiz]'); if(ql){if(ql.length){for(var k=0;k<ql.length;k++){ql[k].id='quiz-embed-'+k;ql[k].href="javascript:var i=document.getElementById('quiz-embed-"+k+"');try{qz.startQuiz(i)}catch(e){i.start=1;i.style.cursor='wait';i.style.opacity='0.5'};void(0);"}}};i['QP']=r;i[r]=i[r]||function(){(i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)})(window,document,'script','https://take.quiz-maker.com/3012/CDN/quiz-embed-v1.js','qp');Got a good quiz question? Send Newsroom your questions.The post Newsroom daily quiz, Monday 30 December appeared first on Newsroom. ...2 weeks ago
- Daily crossword, Monday 30 December
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- An ode to the weird bach DVD collection
Summer reissue: There’s no better feeling than arriving at a bach and seeing that dusty little pile of random DVDs beneath the television, writes Alex Casey. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter ...2 weeks ago
- In defence of Sally Rooney’s skinny protagonists
Summer reissue: If you want to read a book that makes you feel good about your body, I beg you to look elsewhere. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up ...2 weeks ago
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