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Minister Robertson’s Economic Development Strategy

Written By: - Date published: 7:32 am, July 15th, 2021 - 20 comments

Minister Roberston’s recent speech to the Trans Tasman Business Circle sets out both how this government is using the pandemic to reset whole sectors of the economy, and also how it is getting its head around economic and social challenges. The points made were unsurprising, but his intended direction was unclear.

Social insurance, a premium not afforded to all.

Written By: - Date published: 12:02 pm, June 20th, 2021 - 59 comments

One of the details announced in the budget was funding to explore a ‘social unemployment insurance’ scheme. This scheme has been pushed by the Council of Trade Unions and Business NZ, which will work with the Government in a newly set-up Tripartite Working Party. When we dig into it though, we realise it is no safety net. It’s a parachute that slows our drop, giving us time, before we hit that real net – down so far below. 

COVID19 Vaccine and New Zealand’s K-Shaped Recovery

Written By: - Date published: 7:00 am, November 11th, 2020 - 36 comments

IF the discovery of a potential Covid vaccine looks like a new dawn, let’s not forget that this is the accelerating point of the K-shaped recovery New Zealand have been dreading. Our already rich are on the line heading upwards. They are getting richer because of a range of our Government policies.

Grant Robertson’s crisis leadership

Written By: - Date published: 4:45 pm, September 16th, 2020 - 22 comments

Much has rightly been made of the leadership quality of Prime Minister Ardern this year. But the PREFU results announced today shows that Minister of FInance Grant Robertson is by a long way the most effective Minister of Finance we have had since Dr Michael Cullen.

Who are you going to trust with your job, Jacinda or Judith?

Written By: - Date published: 12:17 pm, August 5th, 2020 - 16 comments

Defying expectations official labour force data from Stats NZ released today shows that the unemployment rate dropped to 4 per cent from 4.2 per cent in the June quarter.

Fixing Unemployment – Zoom meetup Saturday 10am

Written By: - Date published: 3:11 pm, June 19th, 2020 - 8 comments

Is it time to completely rethink how we deal with unemployment? We face a tsunami of job losses not seen in generations. Two ideas — social insurance and a job guarantee — are gaining prominence as ways to change how we deal with the problem. One provides income protection for those who lose employment, the other aims for something bolder: the elimination of unemployment. All welcome; register here.

Kim Hill asked “Why…

Written By: - Date published: 4:51 pm, June 12th, 2020 - 31 comments

…is the US sharemarket roaring away – up 44% – while economic recovery prospects are grim?” ANZ’s Sharon Zollner’s answer on Tuesday was the Fed printing money, but worried markets were turning a  blind eye to the bad news. The bad news hit today as the sharemarket nose-dived. Wolf Richter’s answer was more to Kim’s point: “Fed bails out the wealthy while America convulses in pain.”

Is National Just Inconsistent or Incompetent?

Written By: - Date published: 7:00 am, June 1st, 2020 - 65 comments

National’s new job-creation scheme appears to be inconsistent with their desire to fully re-instate the 90-day trial period.

What has the Government ever done for business?

Written By: - Date published: 1:33 pm, May 29th, 2020 - 19 comments

Borrowing heavily from Monty Python’s Life of Brian Labour MP Deborah Russell sets out what the Government is doing for small business in these Covid 19 times.

Most leaders of the opposition are unemployed, they just don’t know it yet

Written By: - Date published: 10:21 am, May 29th, 2020 - 68 comments

Holy hyperbole. Todd Muller has claimed that most kiwis are unemployed although they do not realise it yet.  Although in one case he may not be wrong …

New leadership same old tactics

Written By: - Date published: 8:32 am, May 27th, 2020 - 24 comments

National has released a social media ad suggesting that New Zealand’s per head of population Government debt figure will be worse than Greece’s by 2014.  But the data used presumes the effects of Covid 19 in New Zealand’s figure but no effects of Covid 19 in Greece’s figure.

Two Tier. Bull. Shit.

Written By: - Date published: 2:58 pm, May 25th, 2020 - 217 comments

I thought we were “in this together” or some such?

Covid19 and the Stock Markets

Written By: - Date published: 8:30 am, May 12th, 2020 - 33 comments

In this time of uncertainty when mass unemployment beckons you would expect that stock exchanges would be plummeting. But think again. Because they seem to be doing fine.

The “Others”.

Written By: - Date published: 12:07 pm, April 25th, 2020 - 20 comments

“Othering” has long been a staple of Governments that want to remain in power for the benefit of an Oligarchy, an “Elite”, a small ruling class, or the ones with, “the money”. Deflecting blame for economic and social issues on, an ethnicity, a class, the elderly, the poor, the young, the unemployed, young solo mothers, the disabled, immigrants, or any other convenient group that can be demonised. Very soon more of us may become the “others” we didn’t care about.

Are the Vultures Already Circling Above?

Written By: - Date published: 7:00 am, April 14th, 2020 - 116 comments

We cannot go back to business as usual after the lockdown but can we shape the way things will be for the greater good?

New Zealand’s poor in this new crisis

Written By: - Date published: 9:16 am, April 11th, 2020 - 126 comments

Covid 19 is not some great leveller. To succeed the state has to completely redirect the economy to so that ordinary workers and working families are supported.

Do poor people and women exist in right wing economics land?

Written By: - Date published: 7:30 am, August 13th, 2019 - 125 comments

David Seymour has written a critique of Deborah Russel’s review of the hard right economic tome “Economics in one lesson”.  And totally missed the point of what she was saying.

Five days is a long time in politics

Written By: - Date published: 2:20 pm, August 6th, 2019 - 27 comments

Five days ago Simon Bridges predicted that unemployment had gone up.  The latest figures show that the unemployment rate is at its lowest rate for the past eleven years. Update: My enthusiasm was too high. It has been pointed out to me that the Bridges tweet was from last year. My apologies to Simon …

The hard change of forestry

Written By: - Date published: 10:41 am, May 18th, 2019 - 98 comments

Forestry is forcing an important tilting point between mitigating climate change and land use, and it’s going to affect the viability of some North Island towns.

This Could Happen To You

Written By: - Date published: 7:00 am, May 6th, 2019 - 58 comments

For some reason, this story struck a nerve. An 80-year old had his 59-year career terminated by an impersonal e-mail from a faceless manager. Ironically, the manager on his public LinkedIn profile likes a post entitled “Treat a janitor with the same respect as the CEO”. Isn’t it sad that we now treat people as […]

Too many jobs being created

Written By: - Date published: 2:20 pm, November 7th, 2018 - 14 comments

The latest unemployment data showing the jobless rate falling to under 4% follows the equally bad 1.0% economic growth in the September quarter and a budget surplus of $5.5b, confirming the economy is going down like Donald Trump, as predicted by the ANZ Bank’s business confidence survey

Forward to the 70s

Written By: - Date published: 8:43 am, June 6th, 2018 - 112 comments

National thinks that getting back to full employment, having wages and conditions sufficient to allow a working family to live in decency on one full time wage, and home ownership rates of about 70% are a bad thing.

Squeeze

Written By: - Date published: 9:17 am, May 13th, 2018 - 40 comments

This is as good a year as it is going to get to squeeze your employer for a fair wage.

Thank you Metiria.

Written By: - Date published: 11:14 am, April 25th, 2018 - 94 comments

Some movement on social security (a thing we all deserve)

Employment Relations changes announced

Written By: - Date published: 1:28 pm, January 25th, 2018 - 20 comments

The Government has announced changes to the Employment Relations law which on the whole are positive and beneficial for workers.  But following New Zealand First lobbying the 90 day fire at will provision will be retained for small firms.

Why President Trump should be opposed by the left

Written By: - Date published: 8:22 am, January 20th, 2018 - 52 comments

Ten reasons why Donald Trump is anti worker and bad for America’s working class.

Happy Oompa Loompas?

Written By: - Date published: 12:48 pm, October 14th, 2017 - 9 comments

Dunedin hosts a celebratory graduation ceremony for discarded labour.

When immigration means exploitation

Written By: - Date published: 7:03 am, June 15th, 2017 - 37 comments

Those arguing for unrestricted immigration are – wittingly or unwittingly – fueling higher levels of exploitation in NZ.

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.

Social investment meets the surveillance state

Written By: - Date published: 11:14 pm, March 4th, 2017 - 47 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. […]

Cadburys Dunedin to close with hundreds of jobs lost

Written By: - Date published: 10:49 am, February 16th, 2017 - 121 comments

Another blow to Dunedin.

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