economy
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Fonterra a failure in concept and in practice
Written By: - Date published: 6:10 pm, February 9th, 2018 - 109 comments
New Zealanders 17 years ago accepted the idea of a national dairy monopoly on the condition it would deliver outstanding returns. The cost has been high — filthy and unswimmable rivers. Now it turns out the result has been a financial fiasco – the whole thing is literally bullshit, or more correctly, cowshit.
Plastic Fantastic
Written By: - Date published: 9:33 am, January 26th, 2018 - 55 comments
Billions of disease laden pieces of plastic killing reefs. No effective solution offered.
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.
Can This Government Regain Power on Its Policies?
Written By: - Date published: 11:46 am, January 17th, 2018 - 82 comments
The sixth Labour led Government has made a good start to its term. But what policy results will New Zealand have to vote for and campaign on in 2020?
Bitcoin 2018
Written By: - Date published: 9:51 am, January 6th, 2018 - 204 comments
Is Bitcoin something to worry about or something to embrace?
Media response to Labour’s budget
Written By: - Date published: 8:42 am, December 15th, 2017 - 115 comments
Media response to the new Government’s mini budget has been overwhelmingly positive.
Economy 2018
Written By: - Date published: 8:00 am, December 9th, 2017 - 31 comments
It’s that time of year where we start making predictions for 2018. I see it looking not too hot, not too cold.
TPP, Corporate Coup or “Free trade”?
Written By: - Date published: 9:07 pm, November 8th, 2017 - 99 comments
The mess that the new government inherits
Written By: - Date published: 11:47 am, October 23rd, 2017 - 51 comments
This post is too long to read. Its purpose is to serve as reference material, a “one stop” snapshot of where we are as a country. The mess that the new government inherits. The consequences of the nine long wasted years of National. The magnitude of the challenge ahead of us.
Donkey Dick Duncan
Written By: - Date published: 11:34 am, October 9th, 2017 - 318 comments
Gross political incompetence, not immigration, is what lies behind and beneath New Zealand’s infra-structure problems. Only a excited donkey’s dick waving in a stiff breeze might point accusingly towards immigrants and immigration as the problem.
Uncertainty doesn’t bother “the market” at all
Written By: - Date published: 7:02 am, October 3rd, 2017 - 57 comments
There is no “strong and stable” government to “lead” us. Maximum uncertainty! No end in sight! According to received wisdom (and all those people in a self-interested rush to ordain the born-to-rule-party) the market should be panicking! In fact…
Good work if you can get it
Written By: - Date published: 8:37 am, September 27th, 2017 - 116 comments
During the election campaign elements of the farming community protested the possibility of a water tax and of farming being in the ETS on the basis the sector could not afford it. In awkward news it has since come to light that the Chief Executive of Fonterra and senior executives are being paid huge salaries.
Oram on Nats’ poor record and why we should vote for change
Written By: - Date published: 10:36 am, September 17th, 2017 - 89 comments
Rod Oram at Newsroom: “More of the same won’t deliver for New Zealand. Hopefully, new leaders and policies will.”
Finance debate – Grant Robertson vs big flaming gasbag
Written By: - Date published: 8:32 am, September 7th, 2017 - 54 comments
The RNZ debate between Labour and Nat finance spokespersons has just concluded – Grant Robertson vs a big flaming gasbag. Robertson very strong, gasbag unable to name One Single Person who agrees with his $11.7bn big lie.
Liar Joyce’s shifting goal posts and zero budgets
Written By: - Date published: 8:13 am, September 6th, 2017 - 16 comments
Hopelessly compromised Steven Joyce is trying to shift the goalposts from his thoroughly exposed $11.7bn lie to Labour’s “zero budgets”. He’s clutching at straws…
Joyce and English now laughing stock
Written By: - Date published: 7:01 am, September 6th, 2017 - 148 comments
Post John Key all National ever had going for it was an undeserved reputation for financial competence. Now that is gone too. It doesn’t get any worse than this 3 weeks out from an election.
A test for NZ media and democracy
Written By: - Date published: 11:01 am, September 5th, 2017 - 23 comments
The Nats are not backing down from their $11.7bn lie. The media need to call it loudly for the big lie that it is. This is now a test for NZ’s democracy.
Steven Joyce – liar or fool?
Written By: - Date published: 7:01 am, September 5th, 2017 - 52 comments
The economists have spoken, and Steven Joyce’s claim that there is a $11.7bn “hole” in Labours’ fiscal plan shows him to be either a liar or a fool. Shame on Bill English for repeating it in the debate.
Bernard Hickey: Bill English’s Trump-like denial of a productivity problem
Written By: - Date published: 7:03 am, September 2nd, 2017 - 84 comments
Being compared to Trump has got to hurt. And shouldn’t there be consequences when a PM flat out lies to the country on the state of the economy?
PREFU
Written By: - Date published: 8:18 am, August 23rd, 2017 - 47 comments
Today is the day for Treasury’s Pre-Election Fiscal Update (PREFU).
National – Delivering no pay rises for NZ
Written By: - Date published: 8:29 am, August 17th, 2017 - 15 comments
Expect plenty of Nat boasting on “the economy” in the election campaign. They’ll be desperate to hide the inconvenient fact that ordinary workers are going backwards.
The truth behind job numbers
Written By: - Date published: 7:04 am, July 25th, 2017 - 25 comments
Bruce Munro’s excellent piece in the ODT, looks in to the truth behind the Nats’ job numbers: “It does not take much digging in Statistics New Zealand’s latest Household Labour Force Survey to uncover a growing world of low-paid work, insufficient working hours, financial struggles and unfulfilled lives”.
The cost of the surplus
Written By: - Date published: 12:39 pm, July 6th, 2017 - 9 comments
Where are our priorities?
The great Auckland housing crash of 2017
Written By: - Date published: 7:02 am, July 6th, 2017 - 79 comments
Two indicators both agree that the Auckland property market has started trending downwards. Over leveraged buyers are going to get burned, and first time buyers are still shut out. Perfect.
Jesse Mulligan owned Bill English on national television
Written By: - Date published: 6:45 am, June 27th, 2017 - 48 comments
Getting very bloody angry and speaking truth to power.
Our brilliant economy
Written By: - Date published: 10:49 am, June 16th, 2017 - 51 comments
We need new thinking on the economy – zero emissions, sustainable, a big redistribution from rich to poor. But the list of current economic woe shows that even on their own old conventional terms the Nats are useless economic managers.
Fabian seminar tonight: What would a people’s Budget look like?
Written By: - Date published: 12:23 pm, June 14th, 2017 - 5 comments
Something to check out if you are in Auckland tonight, the CTU’s Bill Rosenberg discusses the budget. He will “examine the Government’s priorities and look at what needs to be done”.
Immigration and economic growth
Written By: - Date published: 8:16 am, June 14th, 2017 - 54 comments
English’s scaremongering about Labour’s immigration policy does nothing but highlight the fundamental weakness of our economy. Just how anemic are we after 9 long years?
Nats propose centrally planned economy
Written By: - Date published: 2:38 pm, May 12th, 2017 - 21 comments
Not even joking.
NRT: Inflation and poverty
Written By: - Date published: 4:13 pm, May 4th, 2017 - 8 comments
I/S at No Right Turn writes: “The CPI is out today, and it shows that the poor are getting poorer … This is a long-term trend. Since National took office, inflation for poor households has been nearly twice that of rich households.”
Gould explains how money works to Brash
Written By: - Date published: 12:06 pm, April 30th, 2017 - 157 comments
Interesting series of articles in The Herald, where Bryan Gould schools Don Brash on how money works.
- Vietnam war vets’ financial support claims boosted by new ruling
Sir Wira Gardiner made a claim in 2021 to have his brain tumour treated as a defence service-related condition. ...3 days ago - Taxpayer-funded Hīkoi Organiser Shows Parliament’s Budget A Political Slush Fund
Taxpayers’ Union Policy and Public Affairs Manager, James Ross, said “Taxpayers’ money is not a political slush fund. MPs shouldn’t be able to hide how they’re wasting our money, and it’s long-past time their budgets were covered by the OIA.” ...3 days ago - Public Comments By Auckland CCO Bosses Demonstrate Need For Duty Of Political Neutrality
"Dean Kimpton is the poster child of what an undemocratic CCO model has led to," says Jordan Williams, a Spokesman for the Ratepayers' Alliance. ...3 days ago
- Modern cars are surveillance devices on wheels with major privacy risks – new report
Source: The Conversation (Au and NZ) – By Katharine Kemp, Associate Professor, Faculty of Law & Justice; Lead, UNSW Public Interest Law & Tech Initiative, UNSW Sydney Varavin/Shutterstock New research reveals serious privacy flaws in the data practices of new internet connected cars in Australia. It’s yet another reason ...3 days ago - The world reacts to te Hīkoi mō te tiriti
International media seem to agree the Treaty Principles Bill and national hīkoi put New Zealand at a pivotal moment in history. ...3 days ago
- City Rail Link: Mayor Wayne Brown unsure it will get across the line in time
Auckland's mayor has lost confidence that the City Rail Link will be finished on time, despite assurances from officials. ...3 days ago
- Women are still being paid almost $30,000 a year less than men and the gap widens with age
Source: The Conversation (Au and NZ) – By Leonora Risse, Associate Professor in Economics, University of Canberra Kaewmanee jiangsihui/Shutterstock Australia’s gender pay gap has been shrinking year by year, but is still over 20% among Australia’s private companies, a new national report card shows. But that gender gap is ...3 days ago
- Listen: 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
- ‘Burnt out, tired, frustrated’: how hospital pressures harm doctors’ mental health
Source: The Conversation (Au and NZ) – By Belinda Lunnay, Senior Research Fellow in Public Health, Torrens University Australia Dragana Gordic/Shutterstock Even before the COVID pandemic, which added significant pressure to the health-care workforce, Australian doctors experienced poor mental health at higher rates than the overall population. The ...3 days ago
- When picking schools, don’t get stuck on single-sex vs. co-ed. Instead ask – are all students su...
Source: The Conversation (Au and NZ) – By Amanda Keddie, Professor of Education, Deakin University If parents have a choice, the decision about where to send a child to school and what will be best for them can be a really difficult one. One question that comes up frequently ...3 days ago
- Michelle Visage is now hosting Drag Race Down Under. It’s a milestone for cis women in drag
Source: The Conversation (Au and NZ) – By Yves Rees, Senior Lecturer in History, La Trobe University Stan Drag Race Down Under is back for a fourth season, only this time something is different. The Australasian franchise is no longer helmed by the eponymous RuPaul. Instead, this season the ...3 days ago
- ‘Impossible’ to know effect of new gang laws on victimisation – Justice Minister
The gang patch ban comes into effect at midnight tonight. ...3 days ago
- Luxon didn’t meet the hīkoi, but he won’t be able to hide from what comes next
An undeniable show of opposition to the coalition painted the streets of Wellington red, white and black, writes Stewart Sowman-Lund for The Bulletin. To receive The Bulletin in full each weekday, sign up here. ...4 days ago - In a global nursing shortage, NZ’s reliance on overseas-trained staff is not sustainable
Source: The Conversation (Au and NZ) – By Kathy Holloway, Associate Professor, Director of the School of Nursing, Midwifery and Health Practice, Te Herenga Waka — Victoria University of Wellington Olafur Seinar Gestsson/Getty Images The global shortage of trained nurses has been described as a health emergency by the ...4 days ago
- Deportations hampered by availability and cost of flights
A lack of flights is being blamed for the number of deportations being hundreds short of government targets. ...4 days ago
- Live: te Hīkoi mō te tiriti is over, but the debate isn’t
After the hīkoi: supporters are proud of the message sent, but a six month long process for the Treaty Principles Bill still lies ahead. ...4 days ago
- What now for the Treaty Principles Bill?
"Kill the bill" was the cry from the hīkoi - and that's likely to happen with National and NZ First saying they will not support the Treaty Principles Bill at its second reading, but it may not be as quickly as protestors would like. ...4 days ago
- The smack: How a family’s plea to Oranga Tamariki for help with their son unravelled
A family living in fear of their young son's increasingly dangerous behaviour asked for support. Instead, the agency turned its focus on his mum. ...4 days ago
- Was the hīkoi New Zealand’s largest-ever protest?
Media estimates of the crowd size ranged from 17,000 to 100,000+, but one thing we can say for sure — it was bloody massive. Thirty-five thousand people. That’s the crowd size police initially estimated for the final leg of the Hīkoi mō te Tiriti, the nine-day march in protest of ...4 days ago
- How has Luxon’s position on the Treaty Principles Bill changed over time?
The prime minister has never supported David Seymour’s bill in principle, or beyond first reading in practice, but his language has certainly changed. The National Party has spent a large amount of time in this parliamentary term talking about a bill it doesn’t like. Which is not much fun. In ...4 days ago
- Has Netflix forgotten about New Zealand?
Following the opening of the Netflix ANZ office in Sydney and lacklustre commissioning of New Zealand content, the local industry has been left wondering where we fit in. Here at the bottom of the globe, we’re used to being overlooked. New Zealand has been left off the world map so ...4 days ago
- Three generations: the court queens of Kāhu
At seven months old, little Holitopa won’t yet comprehend she’s part of basketball history. But her mother, grandmother and aunties hope that one day, she will follow in their shoes.“I hope she’s taller and longer than all of us,” says her mum, Krystal Leger-Walker. “There are a lot of basketball ...4 days ago - Wellington intervention looks like a first resort, not the last
Opinion: This looks like ‘punching down’, in the mayor’s words The post Wellington intervention looks like a first resort, not the last appeared first on Newsroom. ...4 days ago
- Homeowners move house sooner than you think: Why the average stay is shrinking
It turns out that the so called ‘seven year itch’ is more like five these days. The latest data from realestate.co.nz shows how long people hold onto their homes before they sell. And it’s shorter than you’d think.Kiwis keep their homes for an average of just five and a half ...4 days ago
- Country calendar: woolsheds
Milking sheds, I know intimately; the headlights of a farmbike illuminating mysterious valleys in the darkness before dawn, herding the old moos, working the pumps, tuning the transistor to the Concert Programme to soothe yourself and the beasts, the whole place reeking of wet pooh and spilt milk; but of ...4 days ago
- Let’s not play into Seymour’s hands by talk of racist Treaty bill
Opinion: David Seymour is playing the long game, and we’d be dangerously foolish to count him out.As his Treaty Principles Bill passed its first reading in Parliament last week, there was no shortage of news coverage and analysis.Much of the commentary has focused on the ignorance of his interpretation of Te ...4 days ago
- Daily crossword, Wednesday 20 November
The post Daily crossword, Wednesday 20 November appeared first on Newsroom. ...4 days ago
- Newsroom daily quiz, Wednesday 20 November
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- Reserve Bank likely to cut key interest rate by 50bp next week
Reserve Bank has had Kiwi economy in a chokehold to kill inflation, and it now needs to loosen its grip, Kiwibank says The post Reserve Bank likely to cut key interest rate by 50bp next week appeared first on Newsroom. ...4 days ago
- Foodstuffs’ merger now hinges on narrow view of Commerce Act
Analysis: Foodstuffs and the Commerce Commission’s different interpretations of Commerce Act will be tested in court The post Foodstuffs’ merger now hinges on narrow view of Commerce Act appeared first on Newsroom. ...4 days ago
- The Kiwi business leader giving exploited migrants a second chance
Indian immigration to New Zealand has been going on for more than 100 years, but in the past 25 it’s become synonymous with exploitation.The stories come thick and fast – dozens of Indian men living in squalid conditions, their promised jobs amounting to nothing; nurses training for and gaining Kiwi ...4 days ago
- Hīkoi: ‘The whole world is watching’
Māori leaders say the hīkoi was ‘never about the bill’, it was about forging unprecedented unity throughout the country The post Hīkoi: ‘The whole world is watching’ appeared first on Newsroom. ...4 days ago
- ‘What’s good for Māori is good for everyone’ – Hīkoi ends with peaceful protest
By Ashleigh McCaull, RNZ News journalist Aotearoa New Zealand’s capital Wellington Pōneke turned into a sea of black, white and red today, as more than 42,000 people supporting te Hīkoi mō te Tiriti overflowed Parliament’s lawn and onto the streets. Supporters then headed to Waitangi Park, where a post-hīkoi concert ...4 days ago
- Kiwi workers lose jobs as billion-dollar firm quietly shifts production to USA
There was a sense of secret pride among the 300 staff at the little-known contract manufacturer Alaron.Tied up by non-disclosure agreements, the Nelson workers weren’t allowed to talk about their biggest customer – ... 4 days ago - Chalmers targets reforms to superannuation products and transparency in the retirement phase
Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Treasurer Jim Chalmers will announce on Wednesday a package of reforms to the retirement phase of the superannuation system, to make it easier to navigate and consumer friendly. In a speech to the industry, Chalmers ...4 days ago
- We rated the urban forests of 8 global cities – only Singapore passed the 30% canopy test
Source: The Conversation (Au and NZ) – By Thami Croeser, Research Fellow, Centre for Urban Research, RMIT University Ryan DeBerardinis, Shutterstock Can you see three trees from your home, school or workplace? Is there tree canopy cover shading at least 30% of the surrounding neighbourhood? Can you find a ...4 days ago
- More children going hungry, Health Survey shows
Meanwhile, wait times for GPs keep increasing, along with rates of mental distress. ...4 days ago
- Kiwi pilot kidnapping in West Papua leads to police raids in Australia
By Duncan Graham An alleged plot involving firearms and threatening the life of New Zealand pilot Philip Mehrtens when held hostage in Papua this year is being investigated by the Australian Federal Police. The case involves “advancing a political cause by the separation of West Papua from Indonesia . . ...4 days ago
- 42,000 join as Treaty Principles Bill hīkoi reaches Parliament
By mid-afternoon today 42,000 people gathered at the Parliamentary precinct and the surrounding streets, police say. ...4 days ago
- Political finance law reforms will reduce big money in politics, but will rich donors be the ultimat...
Source: The Conversation (Au and NZ) – By Joo-Cheong Tham, Professor, Melbourne Law School, The University of Melbourne Political funding in Australia has long been shrouded in secrecy. It is also dominated by large donations and unrestrained spending, courtesy of laissez-faire federal political finance laws. The Albanese government has ...4 days ago
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