economy
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Slowing economy?
Written By: - Date published: 7:30 am, August 14th, 2019 - 39 comments
In May this year the New Zealand Treasury was projecting growth accelerating from 2.4% to 3% in 2019-20 while the Reserve Bank has pessimistically cut interest rates to 1%. Both can’t be right.
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.
ANZ worried that it may be required to hold sufficient reserves
Written By: - Date published: 7:05 am, July 3rd, 2019 - 105 comments
ANZ is complaining that the Reserve Bank wants it to hold additional capital in case of a run on the banks.
Labour to relax fiscal responsibility rules
Written By: - Date published: 9:00 am, May 24th, 2019 - 72 comments
Grant Robertson has announced there will be a relaxing of the fiscal responsibility rules, although not until after the next election.
Trump’s brilliant strategy to dismantle US dollar hegemony
Written By: - Date published: 5:05 pm, February 3rd, 2019 - 56 comments
Polymath economist Professor Michael Hudson’s latest article is a geopolitical panoramic masterpiece, sparked by outrage at a series of concurrent events on January 31 which he predicts means that 2019 will be the “year of global fracture.” Definitely worth a read.
How To Get There 6/1/19
Written By: - Date published: 6:55 am, January 6th, 2019 - 146 comments
Welcome to TS’s Sunday think piece. It’s a blank sheet, a tabula rasa, waiting for your thoughts on the future and How To Get There.
China; Hack to the Future!
Written By: - Date published: 12:13 pm, December 21st, 2018 - 287 comments
China has apparently been sprung hacking hundreds of western businesses and Government agencies, including some here in NZ. Should we be worried?
Spooked!
Written By: - Date published: 2:52 pm, November 29th, 2018 - 29 comments
The GCSB ban on Spark’s use of Huawei technology means this government has gone from “honest broker” to poodle in a very short time. Pressure has been applied by the US and others, apparently fearing we are the “soft underbelly” of the Five Eyes spy network. Maybe its time we got out of that too – it was designed for war.
Alaska or New Zealand?
Written By: - Date published: 1:17 pm, November 13th, 2018 - 71 comments
That’s the big question ‘big’ people are asking these days.
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
KiwiBuild doesn’t fly.
Written By: - Date published: 10:29 am, November 2nd, 2018 - 215 comments
More than that, it needs to be torn down before it makes a serious bid at flight.
Green Growth
Written By: - Date published: 11:20 am, October 26th, 2018 - 86 comments
Shade it any colour you like…
GDP figures expose business confidence survey nonsense
Written By: - Date published: 1:29 pm, September 20th, 2018 - 99 comments
ANZ Bank’s Outlook business confidence survey has been forecasting gloom and doom for the economy ever since the surprise election result turfed out the National Party. Today’s GDP data showed the economy has actually been pumping along faster than the Reserve Bank believes is good for it.
Someone tell the business sector, Kiwis like this Government
Written By: - Date published: 8:00 am, September 18th, 2018 - 29 comments
A recent survey conducted by IPSOS shows New Zealanders are feeling more positive about the Labour-NZ First coalition government than they were the previous one.
What does it take for bosses not to get their bonus?
Written By: - Date published: 11:26 am, September 13th, 2018 - 17 comments
Why is it that all risk lies with the shareholders? Why does poor performance by a company not result in CEO and top management bonuses being clawed back?
Building Nations
Written By: - Date published: 8:15 am, August 16th, 2018 - 72 comments
This Government has probably one term to show progress in dealing with the country’s infrastructure deficit.
A Thousand Words
Written By: - Date published: 9:12 am, August 11th, 2018 - 139 comments
…in a single graph.
Let them fall
Written By: - Date published: 8:00 am, August 3rd, 2018 - 105 comments
We’ve seen a fair few construction companies go under or get close to it recently.
Scrap the spending cap
Written By: - Date published: 8:45 am, July 23rd, 2018 - 152 comments
Economist Ganesh Nana and Alan Johnson from the Salvation Army have urged the Government to relax the fiscal straight jacket imposed by its budget responsibility rules.
Government with a plan
Written By: - Date published: 8:00 am, July 22nd, 2018 - 46 comments
The polls are great. Top work. But I’m getting worried about the entropy of this government already. Matthew Hooten and Karl Marx agree with me.
Is Matthew Hooton becoming a socialist?
Written By: - Date published: 8:38 am, July 20th, 2018 - 41 comments
Occasional Standard reader Matthew Hooton has written a cogent column on industrial relations in which he realises and accepts that wages for ordinary workers are too low.
Property price decline
Written By: - Date published: 8:30 am, July 13th, 2018 - 61 comments
What would happen if the house prices of Auckland, Queenstown, and other centres of very high debt went into substantial and long term decline?
Who gives a hooton about climate change?
Written By: - Date published: 11:47 am, June 10th, 2018 - 125 comments
Matthew Hooton and Fran O’Sullivan have claimed that the Government’s decision to ban off shore petroleum exploration is “Orwellian”, part of an attempt to divert attention from other issues, bad for the environment and bad for jobs. Are they right?
Steaming cow poo.
Written By: - Date published: 11:57 am, June 2nd, 2018 - 54 comments
Avoiding meat and dairy is ‘single biggest way’ to reduce your impact on Earth according to a Guardian headline.
Yeah. No it’s not.
Deep Trawling.
Written By: - Date published: 9:14 am, May 24th, 2018 - 21 comments
Is NZ’s fishing industry just a domestic version of the tobacco companies? And how much would that really matter?
Australia and New Zealand budget days
Written By: - Date published: 7:47 am, May 7th, 2018 - 23 comments
Isn’t it time we at least synchronized the New Zealand budget with the Australian budget?
National wants to add to Auckland’s gridlock
Written By: - Date published: 4:11 pm, May 2nd, 2018 - 16 comments
National has promised to overturn Auckland’s Regional Fuel Tax. But has no proposal for how the funding will be replaced.
Cullen says 2020 election effectively a referendum on tax
Written By: - Date published: 1:20 pm, March 7th, 2018 - 32 comments
Don’t hold your breath for recommendations of radical tax reform from the Tax Working Group. Chair Sir Michael Cullen says the 2020 election will be a referendum on tax and he is already kicking for touch
Global Sharemarkets
Written By: - Date published: 9:05 am, February 15th, 2018 - 63 comments
Recent volatility in the U.S. stockmarkets has attracted calls that capitalism is facing a crisis. But the reality appears to be different.
Fletcher Chair resigns but directors retain huge fees despite staggering loss
Written By: - Date published: 4:34 pm, February 14th, 2018 - 123 comments
Fletcher announces more huge losses but directors still laughing all the way to the bank
Bio-fuels.
Written By: - Date published: 2:15 pm, February 11th, 2018 - 35 comments
Biofuels and fossil. The difference?
- Daily crossword, Thursday 21 November
.wp-block-newspack-blocks-homepage-articles article .entry-title { font-size: 1.2em; } .wp-block-newspack-blocks-homepage-articles .entry-meta { display: flex; flex-wrap: wrap; align-items: center; margin-top: 0.5em; } .wp-block-newspack-blocks-homepage-articles article .entry-meta { font-size: 0.8em; } .wp-block-newspack-blocks-homepage-articles article .avatar { height: 25px; width: 25px; } .wp-block-newspack-blocks-homepage-articles .post-thumbnail{ margin: 0; margin-bottom: 0.25em; } .wp-block-newspack-blocks-homepage-articles .post-thumbnail img { height: auto; width: 100%; ...2 days ago - Urban fringe precincts give city centres a run for their money
Making way for future growth doesn’t have to – and likely won’t – take place in existing city centres, says a company developing significant office space on Auckland’s Southern Corridor.Unlisted commercial property fund manager Oyster Property Group and global investment firm KKR purchased the Central Park office park in Auckland’s ...2 days ago
- Book of the Week: How to honour te Tiriti
The newly published Te Tiriti o Waitangi Relationships: People, Politics and Law is the third of a Bridget Williams Books series which started with a 2004 volume on the Waitangi Tribunal, and was followed by a collection on Treaty settlements in 2012. Its intention is to present what “leading scholars ...2 days ago
- Kinleith Mill’s troubles highlight industry’s ‘long slow burn’
Commodity manufacturers are at risk when their products can be made cheaper overseas The post Kinleith Mill’s troubles highlight industry’s ‘long slow burn’ appeared first on Newsroom. ...2 days ago
- The case for juries
New Zealand will find out early next year if the Government will decrease the number of jury trials in a bid to speed up the court system.Currently, defendants can choose to face a jury – rather than a judge alone – when charged with a criminal offence carrying a maximum ...2 days ago
- Newsroom daily quiz, Thursday 21 November
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 21 November appeared first on Newsroom. ...2 days ago
- National desperately needs to nullify Act’s Treaty bill
The Prime Minister cannot afford to be seen getting bogged down and taken over by Act on the Treaty Principles Bill The post National desperately needs to nullify Act’s Treaty bill appeared first on Newsroom. ...2 days ago
- NZ downgraded in global climate rankings
New Zealand has dropped seven places to 41st in the global Climate Change Performance Index, which ranks countries based on their emissions, deployment of renewable electricity, overall energy use and climate policy.The announcement of the latest update to the index, which has been running since 2005 and is considered an ...2 days ago
- Police research adds to evidence against gang patch ban
As Te Hīkoi mō Te Tiriti gathered at Wellington’s Waitangi Park on the waterfront on Tuesday morning, the MC welcomed “brothers of the patched world and sisters of the patched world”.He told the Māori members of the crowd that their whakapapa – carried through tā moko – survived on the ...3 days ago
- Young families are leaving many large US cities − here’s why that matters
Source: The Conversation (Au and NZ) – By Biswa Das, Associate Professor of Community and Regional Planning and Extension Economist, Iowa State University Parents and educators rally at Boston City Hall demanding urgent action to improve the city’s public schools. Barry Chin/The Boston Globe via Getty Images Young families ...3 days ago - Australia’s $230 billion Future Fund encouraged to invest in housing, energy transition, infrastru...
Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra The Albanese government has rewritten the mandate of the Future Fund – the nation’s sovereign wealth fund – to urge it to direct investment into the “national priorities” of housing, the energy transition and infrastructure, ...3 days ago
- Third Reading Of Samoa Citizenship Bill In New Zealand Parliament Today
Explainer - New Zealand's Parliament will, on Wednesday, hear the third and final reading of a bill that will, if passed, restore a pathway for citizenship to a group of Samoans stripped of it decades ago. ...3 days ago - Christopher Luxon Says ‘No Need To Meet’ With Hīkoi At Parliament
The Prime Minister says organisers were "closely aligned" with Te Pāti Māori, but acknowledged it was "a significant day". ...3 days ago
- ‘685’s to the world:’ Restoring Citizenship Bill passes with unanimous support
Greens MP Teanau Tuiono says it's "a significant step for Pasifika justice here in Aotearoa and around the Pacific". ...3 days ago - What is methanol? How does it get into drinks and cause harm?
Source: The Conversation (Au and NZ) – By Ian Musgrave, Senior lecturer in Pharmacology, University of Adelaide cdrin/Shutterstock Two Australian teenagers are severely ill in hospital in Thailand after experiencing suspected methanol poisoning while they were travelling in Laos. The pair are reportedly among several foreign nationals to become ...3 days ago
- Politics with Michelle Grattan: Special Minister of State Don Farrell on getting ‘big money’ out...
Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra The government says it will take “big money” out of election campaigns – or, more realistically, curb it – with its legislation imposing donation and spending caps and real-time disclosure. But crossbenchers and other ...3 days ago
- The hīkoi and Parliament: A photo essay
The House - Parliament protests run the gamut between solo vigils and a few thousand with amplified speeches. The hīkoi was an entirely new category. ...3 days ago
- Why NZ is protesting over colonial-era treaty bill – a global perspective
An overview for our international readers of Asia Pacific Report. BACKGROUNDER: By Sarah Shamim A fight for Māori indigenous rights drew more than 50,000 protesters to the New Zealand Parliament in the capital Wellington yesterday. A nine-day-long Hīkoi, or peaceful march — a Māori tradition — was undertaken in protest ...3 days ago
- The NT and ACT might have small populations but their economies are growing faster than the bigger s...
Source: The Conversation (Au and NZ) – By John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra sweettoiletpaper/Shutterstock The Northern Territory and Australian Capital Territory have won bragging rights for having the fastest growing economies within Australia. Their growth was highlighted in annual data ...3 days ago
- NZ chips in $10m from existing funds to pay for climate losses
It will help pay for losses suffered by poorer countries because of climate change. ...3 days ago
- New law gives up to 3,480 Samoan elders back their right to NZ citizenship
The Citizenship (Western Samoa Restoration) Amendment Bill has passed its third and final reading. The bill’s author reflects on what it means for the Samoan community. It’s rare for MPs across the political spectrum to unite behind a piece of legislation. Rarer still is for an opposition MP’s bill to ...3 days ago - Gang patch ban: Senior Black Power member concerned about impact on families
"What people wear is not the issue," one Black Power member told RNZ. ...3 days ago
- Budget update will revise down company tax receipts but treasurer Chalmers welcomes economy’s ‘s...
Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Next month’s federal budget update is expected to revise down company tax receipts for the first time since 2020, amid continued low economic growth in the near term. In his Wednesday ministerial statement on ...3 days ago
- Schoolies means more drink spiking warnings. Why is the burden still on women to stay safe?
Source: The Conversation (Au and NZ) – By Jessica Ison, Senior Lecturer and Deputy Director, Reducing Gender-Based Violence Research Group, La Trobe University, La Trobe University Christian Bertrand/Shutterstock Schoolies season is here – and with it, warnings about staying safe while partying. For girls and women, this often means ...3 days ago
- Speaker’s handling of hīkoi ‘overkill’ – Te Paati Māori
Staff were locked from being able give water to protesters, and wifi access was blocked too, co-leader Debbie Ngarewa-Packer said. ...3 days ago
- Richard Chambers to be announced as new Police Commissioner
Richard Chambers is replacing outgoing commissioner Andrew Coster. ...3 days ago
- Richard Chambers announced as new Police Commissioner
Richard Chambers is replacing outgoing commissioner Andrew Coster. ...3 days ago
- Government designates Hezbollah as terrorist entity
The government has also slapped a similar designation on the Houthi movement. ...3 days ago
- Cost of road cones, temporary speed limits ‘eyewatering’ – Transport Minister
Simeon Brown had previously raised concerns over the cost of road cones and temporary speed limits, asking the ministry to look into it. ...3 days ago
- 10 years after the Lacrosse building cladding fire, the defects and disasters continue
Source: The Conversation (Au and NZ) – By Trivess Moore, Associate Professor, School of Property, Construction and Project Management, RMIT University Metropolitan Fire Brigade, CC BY Ten years ago, a late-night cigarette started a fire that spread rapidly up 13 storeys on the Lacrosse apartment building in Melbourne. The ...3 days ago
- What is premenstrual dysphoric disorder? And how is it different to PMS?
Source: The Conversation (Au and NZ) – By Eveline Mu, Research Fellow in Women’s Mental Health, Monash University Austin Guevara/Pexels Periods can feel like an unwanted guest for many women and gender diverse people who menstruate, bringing cramps, mood swings and exhaustion. But how do you know ...3 days ago
- Bill would ‘render the treaty worthless’ – world reacts to national Hīkoi
RNZ News International media coverage of Aotearoa New Zealand’s national Hīkoi to Parliament has largely focused on the historic size of the turnout in Wellington yesterday and the wider contention between Māori and the Crown. Some, including The New York Times, have also pointed out the recent swing right with ...3 days ago
- PPTA Urges Government To Act For Children In War Zones
Children are our future and have the right to access education wherever they live. We must do everything we can to uphold this fundamental human right. ...3 days ago
- ‘I’ll try any synonym under the sun’: Jacqueline Bublitz’s crimes against language
Welcome to The Spinoff Books Confessional, in which we get to know the reading habits of Aotearoa writers, and guests. This week: Jacqueline Bublitz, author of new crime novel Leave the Girls Behind. The book I wish I’d written I was so impressed by the big reveal in All the Colours ...3 days ago
- Financial forms of family violence affect 1 in 7 New Zealanders – but the law is lagging
Source: The Conversation (Au and NZ) – By Ayesha Scott, Adjunct Senior Lecturer, AUT Business School, Auckland University of Technology and Senior Lecturer in Finance & Financial Planning, Griffith University Economic harm – restricting access to, sabotaging or exploiting another person’s financial resources, and impeding their economic autonomy – is ...3 days ago
- Who is the new Police Commissioner, Richard Chambers?
He is known to have long-held ambitions for the top job and is considered a favourite of frontline police. ...3 days ago
- COP29 Ends In Promise To Send More Taxpayer Money Overseas
This decision proves how out-of-touch this tax more, spend more, ship more overseas Government is with New Zealand taxpayers. Fix your house first before you go fixing the neighbourhood. ...3 days ago
- Richard Chambers to be announced as new Police Commissioner, RNZ understands
RNZ understands Chambers will take over from Andrew Coster, who stepped down last week to head up the new Social Investment Agency. ...3 days ago
- New Zealand a very difficult place to be blind – advocate
Jonathan Mosen says New Zealand is the worst country in the Western world in which to be blind. ...3 days ago
- A beginner’s guide to yum cha
Let Jean Teng show you how to do yum cha right. All photos by Jin Fellet. Yum cha is ritualistic. Being absorbed into the cacophony of Sunday morning chaos at a Cantonese restaurant pretty much always feels the same, no matter which one it is. There’s the same families ...3 days ago
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