Choices: Tax cuts or teachers

Written By: - Date published: 7:10 am, May 2nd, 2011 - 65 comments
Categories: education, jobs, national, tax - Tags: ,

You’re the ruling government. Which do you choose, tax cuts or teachers? Perhaps that’s a bit to vague, let’s put some numbers on it. Tax cuts for 47 millionaires or salaries for 121 new teachers? It’s not a hypothetical question. Here’s some background:

Pay rises for bosses surge ahead of ordinary Kiwis

The bosses of New Zealand’s biggest listed firms and state-owned enterprises received an average pay rise of 14 per cent in the 2010 financial year, the Business Herald’s executive pay survey shows.

For all New Zealanders, the average wage increase was just 1.7 per cent in the year to the December 2010 quarter, according to Statistics New Zealand figures. The Business Herald survey shows the mean remuneration of the 47 chief executives investigated was $1.6 million in the 2010 financial year, up from $1.4 million in 2009.

We can argue about whether or not any individual is truly “worth” such a salary some other time. For now let’s consider tax. On the average salary (for these 47 chiefs) of $1.6 million, tax used to be $613,810. Following National’s tax cuts it has fallen to $518,920, a tax cut of $94,890. For 47 chiefs times $94,890 = almost $4.5 million total, a fair chunk of lost income for the government.

How many teachers could the government have had for $4.5 million? On the average new teacher’s salary of $37,000 I make it 121 teachers.

How can this possibly be good for New Zealand? I don’t know what the return on investment for tax cuts to 47 millionaires is (my guess is they book another holiday and spend it overseas). But I do know that every study shows that the return on investment in education is massive. For the taxes lost on 47 individuals alone, NZ could have had 121 new teachers. Or 82 practice nurses. Or…

National are making the wrong choices for New Zealand.

65 comments on “Choices: Tax cuts or teachers ”

  1. Herodotus 1

    A wee oversight Rob re your numbers- with the tax rebalancing some of this extra money will be repaid to the govt in the form of increased GST. Not sure how much but there will be “some” !!
    So the picture is not quite as bad as your portray it to be !! ;-).
    It may reduce the no of additional teachers to less than current sitting MP’s !!

    • Eddie 1.1

      Nah.

      You’re assuming the millionaires spend the money in NZ. No GST if they don’t.

      And the teacher would pay GST on their salaries too. So the two situations are neutral as far as I can see.

    • Colonial Viper 1.2

      Herod. poor people have to spend most of their incomes on GST affected goods and services.

      Rich people do not. Their multi million dollar mansion in Devonport they just bought didn’t give the Government a cent of GST.

  2. Craig Glen Eden 2

    Only if the money is spent on goods and services apparently according to Key and English Kiwis are re paying debt so if they are right not much if any GST.

  3. lprent 3

    A wee oversight Rob re your numbers- with the tax rebalancing some of this extra money will be repaid to the govt in the form of increased GST.

    That depends on where they spend it. R0b suggested holidays. If like Key they holiday in the US, then the GST is only on the airfares.

    Of course they could do the unthinkable and invest their money in NZ. No GST on investments. And if they invest in rental property there is effectively no tax because it will be leveraged to ensure that there isn’t and separate into trusts.

    Of course they could be spending their tax gains. Pity that doesn’t show in the economic stats anywhere.

    The point that r0b didn’t make is that there is only one case where the tax cuts showered on the wealthy help NZ. That is where they invest it in productive enterprises in NZ. Strangely, I cannot see any evidence of that happening either anedoctably or in the stats.

    Basically I think that putting it into teachers would have been a better investment. The only one that I think could have been better would have been getting our transport infrastructure prepped for higher fuel costs.

    • Lanthanide 3.1

      “If like Key they holiday in the US”

      One little comment by Key I found illuminating. Over the whole Act party shenanigans, he said of course National could work with Act, and the chances of Act working with Labour were about the same as him “spending his next summer holiday on Mars instead of Hawaii”.

    • Draco T Bastard 3.2

      Strangely, I cannot see any evidence of that happening either anedoctably or in the stats.

      Apparently there aren’t enough state assets on the chopping block NSX to encourage them to “invest”.

  4. Bingo 4

    It’s worse than that.

    Assuming those 121 teachers don’t leave the country, they will most likely take jobs that could otherwise have gone to less qualified people. Net result will be about 121 more people on the dole, which the government also has to pay for. Savings to the government on not hiring those 121 teachers is therefore quite a bit less than the amount given in tax cuts to 47 millionaires.

    • Craig Glen Eden 4.1

      “Assuming those 121 teachers don’t leave the country, they will most likely take jobs that could otherwise have gone to less qualified people.”

      If they are less qualified they arn’t teachers!So one is not taking the others jobs.

      You assume wrongly and obviously have no idea of how a school is run.

      • fermionic_interference 4.1.1

        I believe the inference by Bingo was that the 121 possible teachers would then take other jobs within NZ, Thus disadvantaging 121 others probably leaving them on the dole.

        note also the income tax and GST that would be paid by these teachers and 121 or more other employed people would add to Govt revenues.

  5. Herodotus 5

    I comented yesterday re the GST removal re Mana, how this would place many people in a worse state of affairs as it would reduce the price of housing, directly new housing and then as it works its way thru the system existing housing would go down in value.
    The real rich are becomming more and more untouchable. If we legislate there are many wizards out there who will be paid to protect the money of the rich.
    And Eddie yes there is a churn with these teachers also contribing to govt tax take I agree. Just mentioning that the new Ferarri, 1st growth wine from France, resturants and whatever else rich people spend their mony on a wee portion does come back. But these consumer goods have also increased from GST – the rich have sufferred !!!

    • Draco T Bastard 5.1

      and then as it works its way thru the system existing housing would go down in value.

      And that would be the market at work (not that it’s likely to happen – house prices are presumably set by demand and not the cost to build them).

      The real rich are becomming more and more untouchable. If we legislate there are many wizards out there who will be paid to protect the money of the rich.

      Which just means that the legislation needs to be watertight.

      But these consumer goods have also increased from GST – the rich have sufferred !!!

      Depends on where and how they buy. It is possible, after all, to buy stuff overseas and have it delivered without any GST on it (which really just goes to show how stupid GST is).

      • Pete 5.1.1

        Which just means that the legislation needs to be watertight.

        Best of luck with that…..it’s like playing whack-a-mole. The bigger the incentive, the more moles you’ll have, and the faster they’ll move.

        house prices are presumably set by demand

        And supply. We existing landlords thank you for your RMA, excessive building regulations, and smart growth planning.

        It’s hard not to vote Labour if you’re a property owner in Wellington. Really, really hard. They have given us so much. Just ask Bob Jones….

      • Herodotus 5.1.2

        “..house prices are presumably set by demand and not the cost to build them..”
        Currently is costs more to build than what people are willing to pay = result a shortage of housing stock. Yet if builders were able to sell there properties at a price greater than cost we cannot afford to buy.
        So by your basis if we terminate GST, the entire 13% savings will go to the profit of Fletchers, Universial Homes(Foregin owned) and the Todd family (Who own the largest residential land development in Ak). So thanks to Mana instead of the 15% GST going to the govt it will go to these shareholders !! Magic I just love the logic, A party for those dispossesed, results in the rich getting richer !!! Why dont we all face up to it: the real rich are untouchable, and all the fiddling achieves is over-taxing those above mentioned teachers and the like
        When you do your supply/demand stuff what is your basis for the starting price point on the graph? Is it (as should be for farms) based on an economic/rental return? This is where almost everyone gets the price of housing wrong. They have no concept of what a section and standard house is worth,and why. Everyone basis it on what “next door sold for” without understanding WHY next door achieved the price.
        A basic concept within the development industry ios that you can control demand or price but not both.

  6. Hilary 6

    Don’t forget teachers’ aides. Rodney Hide’s brief stint as a special ed teacher aide on TV last night showed just how important but difficult that job is, and they only get about $14 an hour, and most are casual employees with no job security. Our priorities in NZ are just so skewed. Nothing about children is valued.

    • joe90 6.1

      Nothing about children is valued

      Hilary, I was sitting in the doctors waiting room a few weeks ago watching the procession of oldies, all with their own helpers and minders, and there were just as many young women coming through the door wrangling one, two and sometimes three little ones and not one had anybody with them to help them and their kids.

      Sure, some looked to be the capable, assured and well off balls of supermum energy that the glossies portray and they looked to be doing it on their ear but I was struck by how tired and harassed some of the other young women looked.

      They were carting obviously unwell youngsters around and herding one or two toddlers and although the staff were marvellous it made me bloody angry that there wasn’t a helper in sight and that life appeared to be so very tough for some of those young women.

      So I’d go further than saying nothing about children is valued and say that it seems there’s nothing about young mothers that’s valued either.

  7. spam 7

    How can you compare the tax at the new rate on the new salary, with the tax on the new rate on the old salary? Surely a fairer comparison would be tax on new salary and new rate, and tax on old salary at old rate?

    Secondly, the salary costs for new teachers are not the only cost, so that’s not a fair comparison either. You have overhead costs as well (training, kiwisaver, insurance, resources etc etc).

    • So there may only be money for 60 new teachers? Does that change your opinion on the issue? It certainly does not change mine. Hell if there were only 5 new teachers for the money I would still support the change.

      • spam 7.1.1

        So what is your motivation? More teachers as an absolute?

        I mean, with around 45,000 teachers in New Zealand (excluding early childhood education), if you “only” want 6 extra teachers, and they “only” cost $37,000 / annum, then you could simply pay teachers 0.25 of a cent an hour less, and there’s your money.

        • Draco T Bastard 7.1.1.1

          So, putting critical people even further into poverty is your solution to improving our society and it’s culture.

          • spam 7.1.1.1.1

            And you think that 0.25 cents / hour ($5.20 / annum) puts people into poverty?

            • terryg 7.1.1.1.1.1

              interesting idea spam. Lets assume for a moment you work for a large company, and management decide they need another 6 workers. By your argument, it is OK for management to force YOU and your workmates to pay their salary.

              I suspect you would not like that approach, and nor would your co-workers. And rightly so.

              Yet that is what you JUST SAID teachers should do.

              And lets not forget little things like employment contracts…..

            • Colonial Viper 7.1.1.1.1.2

              Hey spam, taxing those earning over $90,000 p.a. an extra 0.5 cents on the dollar also gets the money (and probably more). Good deal huh.

  8. PeteG 8

    Why just that comparison? Why not compare the cost of Americs Cup or RWC to teachers? Or funding by-elections, or funding party’s ineffectice “communications” staff – our own money is taken off us to pay for being bullshitted to, FFS.

    And why teachers? What about pensioners hip operations, paying more social workers more to try and address the child abuse and dysfunctional familes problems, or saving cute wee puppies at SPCA?

    • PeteG seems to be saying that we should be comparing everything with everything. We could do that but it would be rather confusing.

      Crown expenditure is an easily measured thing and shows what the Government’s priorities are.

      One of my favourite was the cutting of teacher professional training in literacy and numeracy which was showing outstanding results at the same time that $35m extra was awarded to private schools. A very clear decision and it showed exactly what the motivation was, help for kids who are struggling is bad, extra money for rich families was good.

    • Blighty 8.2

      considering you write about 30 comments a day here, you should realise that there have been a series of these ‘choices, choices’ posts making such comparisons.

      • r0b 8.2.1

        PeteG does write a lot here it’s true, but I’m not at all sure that he reads anything.

        • PeteG 8.2.1.1

          Selective comparisons of unrelated expenses mean little, it is just dog whistling. You could compare the value of heart operations for babies versus the cost of the Leader of the Opposition’s office, but that doesn’t mean the Leader of the Opposition shouldn’t be funded. What about spending $16m annually on Creative New Zealand versus more cancer drugs?

          Budget decisions involve many choices, and every budget by every government could be nit picked to kingdom come.

          • r0b 8.2.1.1.1

            Indeed, and the choice highlighted in this post is the choice to give tax cuts to millionaires. Care to defend it?

            • PeteG 8.2.1.1.1.1

              No, I won’t defend it, I think too many people get pay a disproportionate amount, private company executives get away with greater self rewards than politicians.

              But regarding return on investment you are arguing facts and figures against a wild assumption:

              “I don’t know what the return on investment for tax cuts to 47 millionaires is (my guess is they book another holiday and spend it overseas). “

              I bet most of the increased income in the hand is not spent on overseas holidays.

              Some will be paid on increased taxes, some on local consumption, some may be given as donations to organisations that will be very grateful for anothing they can get, some may be spent on local investment that creates new jobs, some might even be spent on private education that reduces the pressure on state teacher numbers.

              If you want to make return on investment comparisons you should have all the facts.

              • r0b

                I get to make the odd wild assumption on my own blog thanks PeteG. Doesn’t affect the underlying argument either way. Tax cuts for millionaires are not value for money.

  9. ianmac 9

    A few weeks ago Tony Ryall was claiming that they had increased teacher numbers by 1500. (Not 1489 or 15013?) Nowhere was he challenged and nowhere were there details published, and it takes 2 years+ to train a teacher. Water into wine?
    121 teachers would not have been trained/employed under Tax for the Rich.

  10. Jared 10

    Where on earth did my comments go????

    [lprent: The thread got booted to OpenMike (which is where this comment will also go shortly). Your ‘topic’ looked like diversion trolling to me because it was a level one comment that was only marginally related to the topic of the post. You picked up a ban. ]

  11. randal 11

    the thing is he is still going to sell off state assets to payoff his mates who want those steady income streams for their PORTFOLIOS.

  12. Pete 12

    We could pay teachers more if we targeted WFF at those who really need it, as opposed to those who want a new television.

    • Draco T Bastard 12.1

      And we could get rid of WfF if employers paid enough in the first place.

      • Pete 12.1.1

        How can an employer pay more than a job is worth?

        If a job produces say $14 p/h worth of value, and the employer is forced to pay $15 p/h, then the job disappears.

        • Lanthanide 12.1.1.1

          Funnily enough, productivity has increased massively since the 80’s. The the minimum wage has not.
           
          Because all the profits from that productivity increase was funnelled towards the top of the pyramid.

        • Draco T Bastard 12.1.1.2

          Well, I reckon that if a job produces $14/hour then the person doing it should be paid $14/hour rather than the $6/hour that they’re likely to get ATM.

          Capitalism: Legalised theft

          • Vicky32 12.1.1.2.1

            Well, I reckon that if a job produces $14/hour then the person doing it should be paid $14/hour rather than the $6/hour that they’re likely to get ATM.

            Seconded, DtB! 🙂

          • Pete 12.1.1.2.2

            But if it costs more to provide the job than the job returns, then the job disappears.

            You should start a business for the benefit of the workers. If they cost more than they return, you’ll need to cut your own salary to balance the books. If it keeps up for any length of time, you lose your business. That doesn’t do the workers much good either.

            • Colonial Viper 12.1.1.2.2.1

              Ridiculous

              This is capitalism, where the only worthwhile job is one which generates a ROI on capital for the wealth holders.

              Forget about caring for others, emotional labour, looking after the environment. No return on financial capital so those jobs should not exist, and if they do they should be paid at shit pay rates – according to the economic system which is capitalism.

              But yeah, worker owned enterprises are the way to go, then they can cut out the leaching major shareholders and directors who know shit about the business but who usually end up taking the most benefit from it.

              • Pete

                But the capital is at risk. That is a cost.

                Do you own a home? Banks typically secure against this asset for business loans. If you put this at risk, you’re saying you deserve nothing for doing so? In which case, why would you do it?

                Secondly, there is no guarantee of return. A worker will get paid, week on week, whether the company has been able to collect that week, or not. Many workers like that security and regularity, but an owner does not enjoy same. There may be down years when the company is losing money yet still paying the workforce. The capital gets eroded. That is a cost.

                If there is no compensation for this turbulence, why would anyone do it?

                As I’ve said, I think shared ownership in the form of worker shareholding is a good idea, however many workers don’t like it. They want the cash in hand, rather than the up-n-down nature of ownership, and the lack of capital guarantee.

                There is absolutely nothing to stop worker collectives pooling their capital and starting businesses, and competing with other forms of business. But they seldom do.

                Why is that?

                Why don’t you?

                What stops you?

                • Colonial Viper

                  Working on it mate, thanks for your concern 🙂

                  A worker will get paid, week on week, whether the company has been able to collect that week, or not.

                  Hey NZ is littered with organisations trashed by incompetent managers and owners, its time to let workers own more of the system.

    • Zaphod Beeblebrox 12.2

      Correct, the reason why we got WfF in the first place was that wages in NZ for the middle classes have stagnated over the last 20 years.

      Now if we could get employers to pay proper wages or get Bill to redistribute his tax cuts downwards you could have your wish!

      • Pete 12.2.1

        The implication is that employers sit on massive profits and they just decide to pay workers little.

        Most employers in New Zealand are small/medium business. They do not sit on massive profits, as is demonstrated by the tax take. In order to pay a worker more, the worker needs to be doing a job that results in productivity gains.

        If you could just raise workers wages by decree, why not make the minimum wage $100 p/h? What happens next?

        • KJT 12.2.1.1

          Pretty hard for small business to do well when your customers are not paid enough to buy your products.
          Big business, banking and other white collar crime is doing well though.

          Not only that, but most small businesses are competing with big businesses for the same customers.

          • Pete 12.2.1.1.1

            But where does this money come from? Should we just pay everyone $100 p/h? What will this do to prices?

            How do we really increase purchasing power?

        • joe90 12.2.1.2

          What happens next?

          The owner of the Cherry Cleaning Company admits that his staff are worse off than they’ve ever been and laments that if he were to raise his workers minimum wage larger companies would force him out of business.

          What happens next is the work has to be done so it’s likely that his ex-employees would move to the larger company earning the higher minimum wage and the only loss would be his and his profit margin..

          • Pete 12.2.1.2.1

            Economies of scale, then.

            I am surprised to see The Standard advocating for big business.

            [lprent: Read the policy. I suggest you read it now. Because next time I see you suggesting in any way that the site can think or hold an opinion, you’ll be deprived of the opportunity to leave comments. It is just symptom of a lazy mind. ]

            • joe90 12.2.1.2.1.1

              Congratulations, you’re an idiot who thinks blogs think. But I suppose you think that the shrinking of peoples real wages to prop up someone’s business is okay too.
              And why do you think competition is a bad thing?.

              • Pete

                It really is like a school yard in here. “You’re an idiot. No, you’re an idiot”.

                Do you really think I meant that a website could think? Really? Or was that just an excuse?

                The worker can go elsewhere, in which case the business fails. As it should. However, I’ve yet to hear anyone in the minimum wage “movement” articulate how a business can pay a worker at a higher rate than is possible given the economics of that business?

                An employer forced to pay $20 p/h when she can only charge $15 for the work has no option but to eliminate that job.

                I realise that people need a certain amount on which to live. I’m not advocating people live in working poverty. But surely the answer lies in looking at how businesses can be made more profitable, and how this profit can be shared with the workers? How can we grow businesses, so that they can employ more workers?

                [lprent: I suspect that Joe was being generous and was warning you. One of the main troll symptoms I look for is the stupidity of ascribing a opinion to an abstraction rather than the individuals who hold them.

                I don’t tolerate that style of argument style as it is just avoidance and typically is just done to avoid consequences. I will usually give a warning to read the policy that we follow. After that I demonstrate exactly how a humiliating personal attack should be performed. ]

                • joe90

                  Well if you didn’t think that the standard could think you would’ve said I am surprised to see The Standard joe90 advocating for big business.

                  And why should I care about a small business owner who maintains his margins by paying a wage that year by year gets eaten up by inflation when a bigger business could pay more by shrinking it’s margins. .

                  • Pete

                    One cannot survive and prosper on low wages, however one can *start* there. I did. Many of us did.

                    There’s a cost to gaining experience, and that is met by the employer. Once an employee demonstrates value, then they should be paid more, *in line with the value created*.

                    What happens when not much value is created? Is this just up to the employer to increase, or can the employee play a role here, too? Should an employee also ask “how can I create more value”?

                    PS: I quite like profit sharing schemes, although often surprised at how few employees wish to entertain the idea.

                • Draco T Bastard

                  One of the ways that businesses can be made more profitable is by getting them to invest in more and better capital. This can be done by forcing wages up.

                • fermionic_interference

                  Pete:
                  “I realise that people need a certain amount on which to live. I’m not advocating people live in working poverty. But surely the answer lies in looking at how businesses can be made more profitable, and how this profit can be shared with the workers? How can we grow businesses, so that they can employ more workers?

                  Well said Pete, especially the part I’ve chucked in bold.

                  I don’t have the answers but I do have some more questions.

                  You have asked how do we get the profits shared among the workers at a better rate?

                  With regard to the anecdote below:
                  There was a story in the Nelson evening mail?? (print edition) last year about a man who repairs phone cable, many moons ago he was employed by Telecom and paid a decent wage somewhere in the 40K range if my memory serves, now he is contracted to a company, that is contracted to a company, that is contracted to a company**, that is contracted to Telecom and now he is paid somewhere in the low 30K range.
                  **hope I got the right number of contracted to’s in there might have been one more or one less though at least one of those companies is based overseas.

                  How is this situation good for NZ wages?
                  How do we protect NZ incomes if such occurrences are accepted?
                  Do such actions not perform the task of bringing down all NZ wages?

                  When I was younger, back in 2003, I was offered (through my parents as proxy) a role on a dairy farm contract and all.The contact offered 19K /annum. The contract stated that I had 52 days off plus 3 weeks leave every year and expected work hours would not exceed 98 hours of work outside expected everyday duties, which entailed 2 milkings + “bringing the cows in” + feeding out + break fencing (maybe) + taking care of young stock, count the hours here: milkings + bring the cows in say 5-8hrs daily depending on distances time of year etc, each time you feed out would take at least half an hour with at least two multiples of this with two herds.
                  Under this stock standard contract off the Fed Farmers website I could have been required to work 98hrs + 6-9+ hrs per day after the 98hrs had been hit
                  so for the hourly wage

                  19K / 4802hrs per annum
                  =$ 3.96/hr
                  hang on a minute mate less than $4 per hour you have to be joking minimum wages then were around $9 per hr
                  Now they’re $12.75 ? $13?
                  I have a friend who is currently in the dairy game she is paid at just short of $7 for a 72 hour week with salary of $500/wk

                  So how in this situation with high milk prices do we reconcile these two facts and should it be legal to under cut the minimum wage by having high possible hours of work then always having employees work them rather than only occasionally work that long?

                  Thoughts please?

                  • Pete

                    There’s a good book called “Maverick : The Success Story Behind the World’s Most Unusual Workplace”

                    I think you might like it. I did.

                    It’s about how you can generate more value if you give the workers more say, and a stake, in the business. They also share in the downside and risk. They are given decision making power and responsibility.

                    To me, it was an example of how left and right ideas can mix well. I do think the answer lies in there somewhere.

                    In your dairy example, I think if the dairy farm is making significant upside, they should be paying more. I’m not sure how the package is structured (i.e accommodation and other provision)

                    The Telecom example doesn’t sound good, but then Telecom have been under-performing. They do appear, to me, to have management issues.

                    [lprent: see my note above, before you collect a ban for stupidity. ]

                    • fermionic_interference

                      Accommodation if it is supplied by the farmer will be done at market rates for the area normally sometimes nominally discounted or for the one in a hundred or so they provide your accommodation free but that’s very uncommon.
                      and there wouldn’t be any provisions that can make up for a hourly rate of a max of $3.96 per hour or roughly $7/hr now, how can this be excused it’s not slave labour but it’s certainly not enough for the responsibility of not “tainting the product” with milk that has antibiotics etc in it (costs 10-20K if you supply milk with antibios in it).

                      Telecom is a mess and (on a separate note) if Joyce gives them the FttD contract NZ’s heading in a bad way infrastructure wise.

                      You said you run a software company, so how do you do it then?
                      how do you pay employees a good living wage and make a profit or do you cut ’em down as hard as you can at the bargaining table? (no offense meant)

                      Look at it this way you and your employees produce something of value and then, the value you and they contribute to the product comes back to you and your company.Now (hopefully) the value provided by the employees is valued by you so in turn they see a reward of some sort.

                      look at NZ currently the value all seems to follow the directors ? CEOs who may or may not be doing a god job of managing but the employee is not rewarded for value added ie wage increases at less than inflation (1.7%) for employees whilst managers (CEOs etc) see on average 14% pay rises.
                      How is this remotely equitable or reflective of the situation?
                      All members of a companies work force are involved it it’s productivity yet one person is singled out for their contribution to the profit being worth a 14%(avg) increase in pay when they don’t offer any production themselves.
                      Whilst I am not undermining the responsibility of the CEO their actual addition to production and profit currently seems hugely inflated. Not just here but Western world wide at the very least.

                    • Pete

                      What on earth was wrong with that?

                      Genuinely perplexed.

                • Vicky32

                  The worker can go elsewhere

                  The only answer to that Pete, is, as I am sure you know, “yeah right”

                  • Pete

                    There is *nothing* to stop workers collectives owning businesses.

                    Why don’t you do it? Do it tomorrow.

                    If there is no value being added by the capitalist overlords, then the workers collective will prosper, as they will have a lower cost structure.

  13. Pete 13

    You said you run a software company, so how do you do it then?
    how do you pay employees a good living wage and make a profit or do you cut ‘em down as hard as you can at the bargaining table? (no offense meant)

    I tell you about the software company *we* sold.

    I offered equity share. Workers are paid a base salary, and the rest in equity. This worked for me, in that it took pressure off cashflow, a significant problem for start-ups. This worked for staff, as they didn’t just want salary, they wanted a stake. They took a risk, of course, which is the opportunity cost of getting higher wages elsewhere. Other staff just wanted to be paid month by month, and didn’t want the risk of an equity stake. Everyone is happy.

    When we sold, some staff became wealthy, because of their equity stake. They took a risk. It paid off. As did I – I had my house up against it, and had we failed, I would have lost it. It took me ten years to get in a position to have saved that much, which I then risked.

    Should those who do not hold equity stakes be rewarded exactly the same as staff who do?

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  • Willis tells us before dawn about her travel plans and – early this afternoon – she reports on h...
    Buzz from the Beehive Finance Minister Nicola Willis – and press secretary Nick Venter, too, we may suppose – were up and about before sparrow’s fart. Her bags would have been packed and her passport checked. We report this on the strength of an email from Venter which landed in ...
    Point of OrderBy Bob Edlin
    5 hours ago
  • ROB MacCULLOCH: Grant Robertson’s new job sends an awful message to students about meritocracy in ...
      The appointment of Grant Robertson as Vice-Chancellor of Otago University has raised hackles – and questions – among academics.  Robertson’s credentials for the job is one issue.  The appointment process is another.  University of Auckland economics professor Rob MacCulloch has posted these three articles in the past few days ...
    Point of OrderBy poonzteam5443
    8 hours ago
  • Govt's Budget 'just like a household,' says Willis
    TL;DR: Flying in the face of comments from a ratings agency and a mountain of demand for a new long-term sovereign bond issued yesterday, Finance Minister Nicola Willis has again characterised the Government’s finances as too fragile to borrow in its own right to solve Aotearoa-NZ’s infrastructure deficits. She also ...
    The KakaBy Bernard Hickey
    10 hours ago
  • Untold back-stories: the little things media don't tell us but which are nevertheless pertinent
    ..Thanks for reading Frankly Speaking ! Subscribe for free to receive new posts and support my work.In an article entitled "School donations continue to yield millions of dollars for wealthier schools" on RNZ's website on 19 February, Data journalist Farah Hancock reported on the fees ("donations") that (some) schools were ...
    Frankly SpeakingBy Frank Macskasy
    11 hours ago
  • Untold back-stories: the little things media don't tell us but which are nevertheless pertinent
    ..Thanks for reading Frankly Speaking ! Subscribe for free to receive new posts and support my work.In an article entitled "School donations continue to yield millions of dollars for wealthier schools" on RNZ's website on 19 February, Data journalist Farah Hancock reported on the fees ("donations") that (some) schools were ...
    Frankly SpeakingBy Frank Macskasy
    11 hours ago
  • Efeso Collins – Gone Too Soon.
    My wife’s breathing was heavy beside me as I woke this morning, still dark. Yesterday, and it’s awful news, came crashing into my head and I lay there quietly crying.Thinking of Efeso’s family and loved ones. Of so many people who knew him and were devastated by the shocking news. ...
    Nick’s KōreroBy Nick Rockel
    14 hours ago
  • Efeso Collins spoke in Parliament only yesterday on bill which will regulate social workers (and vot...
    Buzz from the Beehive Prime Minister Christopher Luxon and other party leaders have been paying tribute to Green MP Fa’anānā Efeso Collins, who collapsed and died during a ChildFund charity run in central Auckland this morning, . The event, near Britomart, was to support local communities in the Pacific. Collins, ...
    Point of OrderBy Bob Edlin
    1 day ago
  • This is corrupt
    Earlier in the month, a panel of "independent" experts in Wellington produced recommendations for the future of housing in the city, and they were a bit shit, opposing intensification and protecting the property values of existing homeowners. Its since emerged that they engaged in some pretty motivated reasoning on the ...
    No Right TurnBy Idiot/Savant
    1 day ago
  • Efeso Collins
    God, life can be cruel sometimes can’t it?If only everyone was like him. He was so very warm, so very generous, so very considerate, so very decent. Plenty of people have those qualities but I can think of hardly anyone I've met who had them as richly as he did.Let me ...
    More Than A FeildingBy David Slack
    1 day ago
  • CHRIS TROTTER:  Is applying “tough love” to a “fragile” nation the right answer?
      The Question Christopher Luxon Needs To Ask –  And Answer:  How was it possible for a nation of barely three million citizens to create and maintain an infrastructure that functioned, schools and universities that turned out well-educated and enterprising citizens, a health system that kept its people healthy, and a ...
    Point of OrderBy poonzteam5443
    1 day ago
  • DON BRASH: Is an independent foreign policy really feasible?
    Don Brash writes – A week or so ago, Helen Clark and I argued that New Zealand would be nuts to abandon the independent foreign policy which has been a characteristic of New Zealand life for most of the last 40 years, a policy which has seen us ...
    Point of OrderBy poonzteam5443
    1 day ago
  • YVONNE VAN DONGEN: So proud
    Ratepayers might well ask why they are subsidising people who peddle the lie that it is possible to be born in the wrong body and people can change sex. The preponderance of events advertising as ‘queer’ is a gender ideology red flag. Yvonne Van Dongen writes –  It ...
    Point of OrderBy poonzteam5443
    1 day ago
  • S&P slams new Govt's council finance vacuum
    Wellington Water workers attempt to resolve a burst water main. Councils are facing continuing uncertainty over how to pay to repair and expand infrastructure. The Wellington Regional Council was one of those downgraded. File Photo: Lynn Grieveson / The KākāTL;DR: Ratings agency Standard & Poor’s has downgraded the outlooks for ...
    The KakaBy Bernard Hickey
    1 day ago
  • Grant Robertson Resigns.
    Yesterday the man that I admire most in NZ politics called time.Around the middle of yesterday news began to filter out. People were posting unconfirmed reports that Grant Robertson was taking a new role as Vice-Chancellor at Otago Uni. Within an hour it became clear that he was indeed retiring ...
    Nick’s KōreroBy Nick Rockel
    2 days ago
  • Auckland’s City Rail Link will fail immediately… in the best possible way
    This post was originally published on Linked In by Nicolas Reid. It is republished here with permission. Here’s the thing: the City Rail Link is almost certainly going to be overcapacity from day one, with crowding on the trains at peak times. In the simple terms of popular transport ...
    Greater AucklandBy Greater Auckland
    2 days ago
  • You can’t always get what you want
    Grant Robertson is leaving Parliament for two new careers, having been frustrated and blocked from achieving some of his biggest political ambitions. So, he is returning to Dunedin, and, unusually for a former finance minister, with seemingly no ambitions to enter the business world. Instead, he will become Vice Chancellor ...
    PolitikBy Richard Harman
    2 days ago
  • At a glance – Was Greenland really green in the past?
    On February 14, 2023 we announced our Rebuttal Update Project. This included an ask for feedback about the added "At a glance" section in the updated basic rebuttal versions. This weekly blog post series highlights this new section of one of the updated basic rebuttal versions and serves as a ...
    2 days ago
  • Sharp-elbowed and loving it
    It doesn't seem to take a lot to persuade someone who feels they work their guts out that in fact no one is working as hard as me.It doesn't seem to take a lot to persuade someone who knows somebody taking the welfare system for a ride that they’re all ...
    More Than A FeildingBy David Slack
    2 days ago
  • Sharp-elbowed and loving it
    It doesn't seem to take a lot to persuade someone who feels they work their guts out that in fact no one is working as hard as me.It doesn't seem to take a lot to persuade someone who knows somebody taking the welfare system for a ride that they’re all ...
    More than a fieldingBy David Slack
    2 days ago
  • Then why did she do it?
    Earlier in the month, Cancer Minister Casey Costello was caught lying to the media about whether or not she had requested advice on cutting tobacco excise tax to benefit the cancer industry. She repeated her lies in Parliament. But today, she stood up and pretended to apologise for "causing confusion" ...
    No Right TurnBy Idiot/Savant
    2 days ago
  • Is Applying “Tough Love” To A “Fragile” Nation The Right Answer?
    The Question Christopher Luxon Needs To Ask –  And Answer: How was it possible for a nation of barely three million citizens to create and maintain an infrastructure that functioned, schools and universities that turned out well-educated and enterprising citizens, a health system that kept its people healthy, and a workforce ...
    2 days ago
  • The limits to realism.
    Realism is a school of thought in the field of international relations (IR). It provides a theoretical framework for analysing the behaviour of States in the world political system. Like other theories (which in the IR literature include idealism, liberalism, … Continue reading ...
    KiwipoliticoBy Pablo
    2 days ago
  • UNSOCIAL MEDIA – Following the Trolls
    From TODAY FM archives — Wilhelmina Shrimpton and Simon Morrow take a deep dive into trolling and cyberbullying. From the high profile to the general public, Kiwis across all walks of life are being targeted, and some are paying the ultimate price. So what drives us to troll, who is ...
    The PaepaeBy Peter Aranyi
    2 days ago
  • Govt prescribes stiff medicine for some beneficiaries while easing access to drugs containing pseudo...
    Buzz from the Beehive One of two new announcements on the government’s official website  – given plenty of publicity by the mainstream media over the past 24 hours – has been pitched as the first steps in a “reset” of the welfare system.  Stiff medicine for beneficiaries, in effect. The ...
    Point of OrderBy Bob Edlin
    2 days ago
  • We’re not as fragile or as lazy as Luxon says
    Luxon says his government is one that is “prepared to make those hard decisions”. File Photo: Lynn Grieveson / The KākāTL;DR: Prime Minister Christopher Luxon has adopted the language of Ruth Richardson before her 1991 ‘Mother of All Budgets’ in arguing for benefit sanctions to bolster the Government finances, which ...
    The KakaBy Bernard Hickey
    2 days ago
  • Talking over the Silence.
    Please open the doorNothing is different, we've been here beforePacing these hallsTrying to talk over the silenceIf I was to describe what I do, or at least the way it sometimes feels, then talking over the silence wouldn’t be a bad way to do so.Not that there aren’t other voices ...
    Nick’s KōreroBy Nick Rockel
    2 days ago
  • LINDSAY MITCHELL: National needs to go further
    Lindsay Mitchell writes – In today’s State of the Nation speech Christopher Luxon talked repeatedly about getting young people off welfare. It seems that National has devised a traffic light system which will use increasing levels of sanctions – welfare deductions – when beneficiaries fail to meet their ...
    Point of OrderBy poonzteam5443
    2 days ago
  • Gordon Campbell on National spreading panic about the economy
    It is a political strategy as old as time. Scare the public with tales of disaster and stampede them into supporting your ideological agenda because they believe There Is No Alternative. Yet, if the NZ economy truly is as “fragile” as PM Christopher Luxon says it is… Then how come ...
    3 days ago
  • The promise of passive house design
    This is a re-post from Yale Climate Connections by Sarah Wesseler Imagine a home so efficient that it could be heated with a hair dryer. That’s the promise of a passive house, a design standard that’s becoming increasingly popular in the architecture community for its benefits to occupants and the climate. ...
    3 days ago
  • Deep in the Uncanny Valley of AI
    Hi,Before we get started, some very big fun Webworm news. I am launching a new journalism fund called Big Worm Farm!A really great thing that’s happened with Webworm over the last four years is that it’s grown. That’s great for a few reasons.Firstly — it means the work here gets ...
    David FarrierBy David Farrier
    3 days ago
  • Introducing: Big Worm Farm
    Hi,I’m excited to tell you about Big Worm Farm.Put simply, the main aim of Big Worm Farm is to support investigative journalists from around the world to be able to devote dedicated time to research and report on a specific story, to be published on Webworm.The stories will capture the ...
    David FarrierBy David Farrier
    3 days ago
  • Why Massey is broke
    The Tertiary Education Commission has named the two universities it says are at high risk financially. They are Massey and Victoria. The Commission appeared before Parliament’s Education Select Committee yesterday and offered a revealing and rare insight into the complex world of university economics. Its Briefing to the Incoming Minister ...
    PolitikBy Richard Harman
    3 days ago
  • You keep Luxin' when you oughta be thruthin'
    Christopher Luxon’s campaign to win last year's election continued yesterday with a speech.Channelling possibly Bruce Willis in Die Hard, he was all, I'm not going to dress it up, I'm going to level with you guys: the state of the nation is fragile.The thing he’s maybe missing is that it ...
    More Than A FeildingBy David Slack
    3 days ago
  • The PM spoke of the need for tough choices – and then opted to beat a retreat when gays and Gaza a...
    Buzz from the Beehive The PM’s State of the Nation speech – according to a Newshub headline – was a ‘buffet of buzzwords’ and full of ‘nonsense’. Fair to say, the quoted words were attributed to Opposition politicians, who were unlikely to say the speech was visionary and inspiring: PM ...
    Point of OrderBy Bob Edlin
    3 days ago
  • Keynesian Wisdom.
    When the facts change, I change my mind - what do you do, sir?John Maynard Keynes (1883-1946)This posting is exclusive to Bowalley Road. ...
    3 days ago
  • BRIAN EASTON: Puffing policy
    Public policy towards tobacco consumption remains politically sensitive. Brian Easton writes – In 1983, a young researcher was told by a medium-level Treasury official that Treasury policy was to abandon excise duties on tobacco. The senior Treasury economist that I consulted, famed for his commonsense, snorted ‘we ...
    Point of OrderBy poonzteam5443
    3 days ago
  • Is 2.8% per year population growth too much?
    TL;DR: The Government is reviewing migration settings that produced 2.8% population growth last year and is looking at a longer-term strategy of matching population growth to the ‘absorbtive capacity’ of Aotearoa-NZ’s infrastructure.Our population grew last year at its fastest rate since 1947, when large numbers of troops returning from World ...
    The KakaBy Bernard Hickey
    3 days ago
  • Tough Choices & Tough Love.
    I've been trying to hurt youI've been holding you tightI've been learning to love youAm I doing it right?How are you still breathingWith my hands all over your heart?How do we start healingIf we can't keep out the dark?Yesterday the Prime Minister delivered his State of the Nation, for no ...
    Nick’s KōreroBy Nick Rockel
    3 days ago
  • Will the 2024 RLTP be yet another debacle?
    A couple of years ago, Auckland Council and Auckland Transport found themselves in court over the 2021 Regional Land Transport Plan (RLTP). A non-profit alliance for transport decarbonisation, All Aboard Aotearoa, argued that among other factors, the RLTP was unlawful because it failed to give effect to the 2021 Government ...
    4 days ago
  • 2024 SkS Weekly Climate Change & Global Warming News Roundup #07
    A listing of 31 news and opinion articles we found interesting and shared on social media during the past week: Sun, Feb 11, 2024 thru Sat, Feb 17, 2024. Story of the week Based on mission alignment, our Story of the Week is certainly Can we be inoculated against climate ...
    4 days ago
  • Immigration Issues.
    Help is comingI heard a whisperWhite caps turningThe breath of summerA distant drummingAnd liar birds callingEscape the anguish of our pastAnd prayOne of the major challenges of the the 21st century will be the mass migration of human beings around our globe.Some seeking economic opportunities, others fleeing repressive regimes, war ...
    Nick’s KōreroBy Nick Rockel
    4 days ago
  • Trust us, we know what we’re doing
    The best trick the National Party ever pulled was to fabricate their reputation as the responsible ones.This would be the National Party that denied us the New Zealand Superannuation Scheme that—Brian Gaynor wrote back in 2007would be worth more than $240 billion today and would have transformed the New Zealand ...
    More Than A FeildingBy David Slack
    5 days ago
  • The Left’s Timidity
    It is not just Karl Marx – even the most enthusiastic supporters of the market economy (not least Adam Smith) will concede that its normal operation inevitably leads to a concentration of wealth in relatively few hands. Some, at least, of these enthusiasts will accept that such a concentration is ...
    Bryan GouldBy Bryan Gould
    5 days ago
  • OLIVER HARTWICH: Absurd – NZ courts can now decide on climate change
    Oliver Hartwich writes – The World Justice Project ranks New Zealand 7th out of 142 countries on its ‘Rule of Law Index’, narrowly ahead of Australia’s 13th place. However, Australia still has hope – if only because of a recent decision by the Supreme Court of New Zealand. The ...
    Point of OrderBy poonzteam5443
    5 days ago
  • Still waiting on that turnaround
    Hello! Here comes the Saturday edition of More Than A Feilding, catching you up on the past week’s editions.Friday: Week in review, quiz style2. Shane Jones’ demeanour in mocking and deriding climate activists can be observed in what other realm of human behaviour?a. Gleeful little boys pulling wings off fliesb. ...
    More Than A FeildingBy David Slack
    6 days ago
  • Can we be inoculated against climate misinformation? Yes – if we prebunk rather than debunk
    This article is republished from The Conversation under a Creative Commons license. Read the original article written by Christian Turney, University of Technology Sydney and Sander van der Linden, University of Cambridge and first published on February 14, 2024. Adrien Demers/Shutterstock Last year, the world experienced the hottest day ...
    6 days ago
  • Mihi Forbes and the great Atlas conspiracy
    Graham Adams writes — Last week, Mihingarangi Forbes made an extraordinary claim while interviewing David Seymour on Mata Reports, a taxpayer-funded current affairs programme which, she says, looks at events through an “indigenous lens”. She asked him about Act’s links to the Atlas Network, which fosters connections between centre-right ...
    Point of OrderBy gadams1000
    6 days ago
  • Puffing Policy
    Public policy towards tobacco consumption remains politically sensitive. In 1983, a young researcher was told by a medium-level Treasury official that Treasury policy was to abandon excise duties on tobacco. The senior Treasury economist that I consulted, famed for his commonsense, snorted ‘we need the money’. He explained that no-excise-duty ...
    PunditBy Brian Easton
    6 days ago
  • Luxon is one of three prime ministers pressing for a ceasefire in Gaza – but the two-state solutio...
    Buzz from the Beehive Two days after hundreds of people rallied outside the New Zealand parliament and the US embassy in Wellington to protest against what they maintain is genocide in Gaza,  Prime Minister Chris Luxon joined with the Prime Ministers of Australia and Canada to express their  concerns that ...
    Point of OrderBy Bob Edlin
    6 days ago
  • All jellied up with possum grease
    1. Shane Jones, addressing the energy industry, called climate concern what?a. The only sane responseb. Undeniably valid c. Our last best hope d. A "religion" 2. Shane Jones’ demeanour in mocking and deriding climate activists can be observed in what other realm of human behaviour?a. Gleeful little boys pulling wings off fliesb. Gleeful ...
    More Than A FeildingBy David Slack
    6 days ago
  • Equality comes to Greece
    The Greek Parliament has voted for marriage equality: Greece has become the first Christian Orthodox-majority country to legalise same-sex marriage. Same-sex couples will now also be legally allowed to adopt children after Thursday's 176-76 vote in parliament. Prime Minister Kyriakos Mitsotakis said the new law would "boldly abolish a ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • CHRIS TROTTER:  Iron in her soul.
      “Battle not with monsters, lest ye become a monster, and if you gaze into the abyss, the abyss gazes also into you.” – Friedrich Nietzsche   Chris Trotter writes – TELEVISION NEW ZEALAND is to be congratulated for inviting Chloe Swarbrick onto its Q+A current affairs show. The Green MP ...
    Point of OrderBy poonzteam5443
    6 days ago
  • The Hoon around the week to Feb 16
    Net emigration of New Zealanders overseas hit a record-high 47,000 in the 2023 year, which only partly offset net immigration of 173,000, which was dominated by arrivals from India, the Philippines and China with temporary work visas. Photo: Lynn Grieveson / The KākāTL;DR: The five things that mattered in Aotearoa’s ...
    The KakaBy Bernard Hickey
    6 days ago
  • Stop Whispering.
    There's nothing to sayAnd there's nothing to doStop whispering, start shoutingStop whispering, start shoutingYesterday our government surprised a few of us by standing up for something. It wasn’t for the benefit of people who own holiday homes and multiple investment properties. Neither were there any tobacco companies or fishing cartels ...
    Nick’s KōreroBy Nick Rockel
    6 days ago
  • “I'm Not Keen on Whataboutism, But What About…”
    Hi,Not sure how your week is going, but I’ve had a pretty frustrating one. I’ve been trying to put my finger on it, and I think it’s perhaps distilled in this message I got on Twitter:What got me a bit riled up is that it was a response to the ...
    David FarrierBy David Farrier
    6 days ago
  • Gordon Campbell on National passing bad policies under urgency
    If National really had faith in its welfare policies, it wouldn’t be ramming them through Parliament under urgency – a step that means the policies can’t be exposed to select committee debate, public submissions, expert commentary, media scrutiny and all the normal democratic processes that this coalition appears to hold ...
    6 days ago
  • Weekly Roundup 16-February-2024
    It’s Friday so once again here”s our roundup of some of the articles that caught our attention this week. This Week in Greater Auckland On Monday Matt looked at the Government’s war on Auckland. On Tuesday Matt covered the ongoing issues with the rail network. On Thursday Matt ...
    Greater AucklandBy Greater Auckland
    7 days ago
  • The Dawn Chorus for Friday, February 16
    The six things to note in my view at 6.30 am on Friday, February 16 in Aotearoa-NZ’s political economy are: Read more ...
    The KakaBy Bernard Hickey
    7 days ago
  • Iron In Her Soul.
    “Battle not with monsters, lest ye become a monster, and if you gaze into the abyss, the abyss gazes also into you.” – Friedrich NietzscheTELEVISION NEW ZEALAND is to be congratulated for inviting Chloe Swarbrick onto its Q+A current affairs show. The Green MP for Auckland Central is the odds-on ...
    7 days ago
  • Dig this
    Resources Minister Shane Jones yesterday told a breakfast hosted by Energy Resources Aotearoa precisely what they wanted to hear. “We campaigned to rehabilitate relegitimise and stand up for working families who derive their income,  derive their hope and derive purpose in regional New Zealand through a flourishing, growing, forward-leaning energy ...
    PolitikBy Richard Harman
    7 days ago
  • Skeptical Science New Research for Week #7 2024
    Open access notables Physics-based early warning signal shows that AMOC is on tipping course, van Westen et al., Science Advances: Here, we show results of the first tipping event in the Community Earth System Model, including the large climate impacts of the collapse. Using these results, we develop a physics-based and ...
    7 days ago
  • A rejection of the rule of law
    No Right TurnBy Idiot/Savant
    1 week ago
  • Shrugging-Off The Atlas Network.
    Upholding The Status-Quo: The Left’s election defeat is not the work of the Atlas Network. It is not even the work of David Seymour and Act. It is the work of ordinary citizens who liked the Right’s stories better than they liked the Left’s. If the Right’s stories were made ...
    1 week ago
  • BARRIE SAUNDERS: Treaty Principles – all rather problematic
    Barrie Saunders writes – When ACT’s leader said they wanted legislation to state what the Treaty principles mean, my first thought was this will be controversial and divisive.  Clearly it is. The first reference to the principles of the Treaty were contained in the 1975 Act establishing the Treaty of ...
    Point of OrderBy poonzteam5443
    1 week ago
  • Luxon Rejects The “Rejection Election” At His Peril.
    Fitting Right In: National retailed a reactionary manifesto of right-wing, racially-charged policies to the electorate throughout 2023. No talk back then of ignoring the overwhelming political preferences of the voting public and making a strong stand on principle. If Luxon’s pollsters and focus-groups were telling him that the public was ...
    1 week ago
  • Valentine’s Day went unnoticed on the Beehive website – but it is not “baa, humbug” to celeb...
    Buzz from the Beehive None of our ministers – a quick check with the Beehive website suggests – found cause to mention, let along celebrate, Valentine’s Day. But two ministers – Agriculture Minister Todd McClay and Rural Communities Minister Mark Patterson – ensured that National Lamb Day did not pass ...
    Point of OrderBy Bob Edlin
    1 week ago
  • Are You A Leftist?
    Nothing To Lose But Our Chains: The emancipatory movement which the Left, understood correctly, has always been, cannot accommodate those who are only able to celebrate one group’s freedom by taking it from another. The expectation, always, among leftists, is that liberty enlarges us. That striking-off a person’s shackles not ...
    1 week ago
  • An unlawful directive
    An interesting question in the Parliamentary written questions feed today, from Jan Tinetti to the Minister of Education: Has she or her Office directed the Ministry of Education to not release Official Information Act material prior to the full twenty working days, if so, why? Given that ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • I’ve been doing this all wrong
    Here are six words that are not easy to say but god it can feel good when you finally say them:I’ve been doing this all wrongFive years ago today I said to myself:What if I'm doing this all wrong?Five years ago today I said to Karren: I think I’m going to ...
    More Than A FeildingBy David Slack
    1 week ago
  • New study suggests the Atlantic overturning circulation AMOC “is on tipping course”
    This is a re-post from RealClimate by Stefan Rahmstorf A new paper was published in Science Advances today. Its title says what it is about: “Physics-based early warning signal shows that AMOC is on tipping course.” The study follows one by Danish colleagues which made headlines last July, likewise looking for early warning signals ...
    1 week ago
  • Drawn
    A ballot for five Member's Bills was held today, and the following bills were drawn: Parole (Mandatory Completion of Rehabilitative Programmes) Amendment Bill (Todd Stephenson) Goods and Services Tax (Removing GST From Food) Amendment Bill (Rawiri Waititi) Income Tax (ACC Payments) Amendment Bill (Hamish Campbell) ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Valentines from ACT.
    Some of us make a big deal out of Valentine’s Day. We’ll buy the flowers, eye watering though the price spike might be. Say the things we should be saying anyway, although diminished by being scheduled for delivery. Some of us will even write long free-form newsletters with declarations of ...
    Nick’s KōreroBy Nick Rockel
    1 week ago
  • Tax cuts paid for by 13k more kids in poverty
    MSD advised the government that the indexation change it passed under urgency last night is likely to put around 7,000 extra children (and potentially up to 13,000) into poverty. Photo: Lynn Grieveson / The KākāTL;DR: The Government has reverted indexation for main beneficiaries to price inflation from wage inflation under ...
    The KakaBy Bernard Hickey
    1 week ago

  • Minister attending Australian data, digital meeting
    Minister for Digitising Government Judith Collins is in Sydney to attend the first Data and Digital Ministers’ Meeting of 2024.  “This is a great opportunity to connect with our Australian counterparts and identify how we can work together on digital transformation,” Ms Collins says.   “Both our nations are looking into ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • Appointments to Antarctica New Zealand Board
    Foreign Minister Winston Peters has appointed Leon Grice and Heather Simpson to serve on the Antarctica New Zealand board.  “Since taking office, the Coalition Government has become concerned about the direction of the Scott Base Redevelopment Project,” Mr Peters says.  “It is vital that Antarctica New Zealand has the right ...
    BeehiveBy beehive.govt.nz
    7 hours ago
  • Strengthening the Single Economic Market
    Finance Minister Nicola Willis has met with Australian Treasurer Jim Chalmers to discuss the opportunities to lower business costs and increase the ease with which businesses and people can operate across the Tasman.     “I have met with Treasurer Chalmers and shared our new Government’s ambitious economic goals, our plans ...
    BeehiveBy beehive.govt.nz
    7 hours ago
  • Government to address business payment practices
    The Government will repeal the Business Payment Practices Act 2023, Small Business and Manufacturing Minister Andrew Bayly announced today. “There is a major problem with large market players imposing long payment terms and routinely paying invoices late. “However, the Business Payment Practices Act is not an effective solution and would ...
    BeehiveBy beehive.govt.nz
    8 hours ago
  • Greater focus on work will reduce child poverty
    Worsening child poverty rates support the Coalition Government’s focus on reducing the cost of living and getting people into work, Child Poverty Reduction Minister Louise Upston says. Figures released by Stats NZ today show child poverty rates have increased, with the rising cost of living, driven by inflation, making it ...
    BeehiveBy beehive.govt.nz
    10 hours ago
  • NZ announces new support for Ukraine
    Foreign Minister Winston Peters and Defence Minister Judith Collins have marked two years since Russia’s invasion of Ukraine by announcing further support and sanctions, and extending our military assistance. “Russia launched its illegal, full-scale invasion of Ukraine, in blatant violation of international law, including the UN Charter,” Mr Peters says. ...
    BeehiveBy beehive.govt.nz
    10 hours ago
  • Finance Minister to meet Australian Treasurer
    Finance Minister Nicola Willis will travel to Australia today to meet her Australian counterpart, Treasurer Jim Chalmers.    “New Zealand and Australia have an incredibly strong trade and investment relationship. The Closer Economic Relations and Single Economic Market are powerful engines for growth on both sides of the Tasman.     “I will ...
    BeehiveBy beehive.govt.nz
    12 hours ago
  • PM shocked and saddened at death of Efeso Collins
    “I am truly shocked and saddened at the news of Efeso Collins’ sudden death,” Prime Minister Christopher Luxon says. “Efeso was a good man, always friendly and kind, and a true champion and advocate for his Samoan and South Auckland communities. “Our thoughts and deepest sympathies go to his family, ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Greater support for social workers
    The Coalition Government is enhancing the professionalism of the social work sector and supporting the vulnerable people who rely on them, Social Development and Employment Minister Louise Upston says.  The Social Workers Registration Legislation Amendment Bill passed its third reading in Parliament today. It amends the Social Workers Registration Legislation ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government delivers greater freedom and choice for sick New Zealanders
    The coalition government is delivering on its commitment to making principled decisions by getting rid of red tape that doesn’t make sense and allowing sick New Zealanders greater freedom and choice to purchase effective cold and flu medicines. A bill amending the Misuse of Drugs Act 1975 is being introduced, and changes to the Medicines ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government begins reset of welfare system
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  • State of the Nation
    Ka nui te mihi kia koutou. Kia ora, good morning, talofa, malo e lelei, bula vinaka, da jia hao, namaste, sat sri akal, assalamu alaikum. Thank you for coming to my first State of the Nation as Prime Minister. Thank you for coming to a speech where I don’t just ...
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    4 days ago
  • West Coast tourism attractions officially open
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    6 days ago
  • Independent ferry service advisory group in place
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    1 week ago
  • Joint statement from the Prime Ministers of Australia, Canada, and New Zealand
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    1 week ago
  • Govt will deliver on expanded breast screening
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  • Government announces woolshed roadshows in support of sheep farmers
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  • Speech: Address to the NZ Economics Forum
    It’s great to be back at the New Zealand Economics Forum. I would like to acknowledge everyone here today for your expertise and contribution, especially the Pro Vice-Chancellor, Head of the Waikato Management School, economists, students and experts alike. A year has passed since I was last before you, and ...
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  • Labour’s Three Waters legislation repealed
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  • Waikato MoU reinforces Govt’s commitment to increase NZ doctors
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  • Speech – Lunar New Year 2024
    Annyeonghaseyo, greetings and welcome all. It is my pleasure as the Minister for Ethnic Communities to welcome you to the first Lunar New Year Event in Parliament. Thank you to our emcees for greeting us in the different languages that represent the many cultures that celebrate the Lunar New Year. ...
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  • Government advances Local Water Done Well
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    1 week ago
  • Minister congratulates NZQA Top Scholars
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    2 weeks ago
  • New diplomatic appointments
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  • Speech to the Committee for Auckland
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  • Government to axe Auckland Regional Fuel Tax
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  • Minister Calls for Work to Tackle Kina Barrens
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    2 weeks ago
  • Government law and order crackdown begins
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  • Greater focus on getting people into work
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  • One year on, NZ appeals for release of Phillip Mehrtens
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  • Ministers reaffirm Pacific connections this week
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  • Rt Hon Christopher Luxon – Waitangi speech
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