CTU – Put the cost of fixing inflation on those who caused it, not on working people

Written By: - Date published: 5:29 pm, January 23rd, 2023 - 104 comments
Categories: cost of living, Economy, Unions, workers' rights - Tags:

Working full time required us getting food parcels… With our children unable to afford to go and see grandparents I haven’t seen my mum in 5 years. We live in the same island. Never in my life have I been so poor”

That’s one of the many heartbreaking comments we got back from respondents to our fifth annual mood of the workforce survey. Heartbreaking but unsurprising when more than three quarters of working people who responded told us that their income had fallen behind the cost of living.

That’s five percent more than last year when COVID was at its peak, and a more than fifty percent increase on the survey before that.

At the same time just over half got a pay rise in the last year and 61% say increasing wages is the best fix for them and their whānau for fighting these cost increases. Which is why Fair Pay Agreements are so very important. Again unsurprisingly, the two biggest contributors to budget pressures are basic necessities – rising food and housing costs.

Through all of the data one thing stands out: it’s working people who are already paying the price for inflation.

But some people seem to think that working people aren’t paying enough.

Recently a bunch of bank economists claimed that we need increased unemployment and reductions in real wages to beat inflation. These same economists didn’t say much about the record billions of dollars in profits the banks themselves had extracted or the destructive property speculation that enabled it. Perhaps inflation doesn’t apply to banks?

In the meantime, the main opposition party is spending a lot of energy to find politically palatable ways to reduce tax for the wealthiest in our society. They put their incredibly expensive and brutally inequitable top tax bracket cut back in the top drawer for another day when they realised it was political poison.

But they haven’t taken their almost-as-ridiculously-expensive tax cuts to property investors off the table. They seem to think inflation doesn’t apply to property investors?

Our economist, Craig Renney, costed those tax cuts- they’re $2.5bn over three years and it will be paid for by cuts to public services. Most likely the public services that help working people most like health, education, and family support and childcare. There’s just not enough to cut elsewhere.

So working people are already paying for inflation and it seems that a lot of the wealthiest New Zealanders and their political advocates want them to pay even more.

Is there another option?

Of course there is. We released just such a plan – our Inflation and Incomes Act – late last year. That outlines an approach to inflation that doesn’t rely on raising working people’s mortgages and cutting their pay to bring inflation under control, but instead looks at the real drivers.

It aims to share the burden of inflation more fairly and, importantly, recognises that inflation is driven by bigger long-term economic imbalances. Look at our current cost of living crisis for example.

This crisis didn’t come about because we all got paid too much or too many of us have got jobs.

It’s the result of weak and deregulated supply chains collapsing because of COVID, of an overreliance on oil that skyrocketed in price because of a war on the other side of the world, of property speculation that went unchecked and rents that were uncontrolled, of a supermarket duopoly that makes at least twice as much profit as is normal for the international supermarket sector, and of financial institutions stripping billions of dollars in profit every year.

And it’s because of a labour market that relied on bringing skills in from overseas rather than investing in developing them ourselves.

Given the real causes of high inflation, the idea that the answer to inflation is to cut wages, cut employment, and cut public services is ridiculous.

It’s more than ridiculous. It’s immoral.

Tell the respondent who wrote to us “We’re getting less and less for our money. We are not able to afford some of the basic necessities now, and our children are missing out.”, that she should now get paid less because we won’t regulate supermarkets. Or that she should lose her job because we’ve overcooked the economy by letting people make windfall profits buying and selling the same houses to each other.

Explain to the respondent who wrote “I was ill with cancer and would have liked a break from work while I dealt with chemo but the sickness benefit wouldn’t cover my rent.” that this is a good thing because otherwise we’d have to implement rent controls or tax capital gains. Tell them they should take a pay cut to help out the economy.

Now find a way to say to the mother who wrote “There’s something wrong with the state of things when I’m weighing up the cost of taking myself or my kids to the doctor and buying food… No one should ever have to choose between these two things.” that she should put even more aside for her healthcare so we can afford tax cuts for the very wealthiest.

We know what’s caused inflation. It’s not a secret and it’s not the people who are currently paying the price.

As a nation we have to make a political decision to address the real problem rather than making working people pay.

Again.

That wouldn’t be a bad start for the new Prime Minister.

Melissa Ansell-Bridges – CTU Secretary

104 comments on “CTU – Put the cost of fixing inflation on those who caused it, not on working people ”

  1. Thinker 1

    Is the report publicly available, please? If so, where?

    Thanks.

  2. PsyclingLeft.Always 2

    BusinessNZ chief executive Kirk Hope, who told Morning Report he would like some "moderation" in future minimum wage hikes.

    "We need a reset in some of the industrial relations area. We've had a massive shift in minimum wage – it will contribute to inflation as business costs rise, so we really need to have a reset in the industrial relations area.

    https://www.rnz.co.nz/news/political/482935/incoming-prime-minister-chris-hipkins-singles-out-global-inflation-pandemic-as-priority

    I'm sure he would ! However…

    A spokesperson for Minister of Workplace Relations and Safety Michael Wood told RNZ there was no evidence its minimum wage hikes have had any significant impact on inflation.

    "When the government considered the latest increase to the minimum wage, analysis by MBIE estimated there would be only a 0.15 percent inflationary impact," they said.

    https://www.rnz.co.nz/news/political/482935/incoming-prime-minister-chris-hipkins-singles-out-global-inflation-pandemic-as-priority

    This will be a test. I'll await with interest. Mr Hipkins..dont let us down.

    • Tiger Mountain 2.1

      Watch PM Hipkins indeed–if you ever go into a duopoly supermarket–basic cheese at $20 kg is not far off…price gouging is rampant. Some local markets are still good value though.

      Govt. needs to keep subsidy on petrol, bring in fare free public transport, GST off food etc. but will they? The invisible hand will not save you Chippy.

      • PsyclingLeft.Always 2.1.1

        Consumer NZ chief executive Jon Duffy​ said supermarkets took more than $1 million in excess profits every day.

        “These profits are twice what they should be. We need more competition to drive down prices and give New Zealanders a fairer price at the checkout.

        https://www.stuff.co.nz/business/128586011/a-slap-in-the-face-consumer-nz-calls-for-end-to-excess-supermarket-profits

        And…i would say their employees…arent on a massive wage ! Probably the least the duopolists can get away with.

        • Maurice 2.1.1.1

          As 'profits' that will be taxed at 28% pouring close to $280,000 in to Government coffers each day to be used for paying outgoings such as welfare. Remove the profit and the tax take disappears along with the ability to pay out welfare.

          • PsyclingLeft.Always 2.1.1.1.1

            You seem fixated on welfare. And do you also think the duopoly are …performing some kind of public service paying…tax? Corporate philanthropy? lmao.

            • Maurice 2.1.1.1.1.1

              Would "government expenditure" be better?

              The article notes that a base profit of 5.5% is the historic norm. Now unfortunately with 7%+ inflation (loss of value for the money) a return in excess of 12% is required to return the same value at year end. Anything less than the rate of inflation as a return results in reduction in capital in real terms and eventual bankruptcy – whence we no longer have Supermarkets to sell us food.

              Just pointing out that "excess profits" also result in increased Government tax revenue.

  3. Muttonbird 3

    This crisis didn’t come about because we all got paid too much or too many of us have got jobs.

    It’s the result of weak and deregulated supply chains collapsing because of COVID, of an over-reliance on oil that skyrocketed in price because of a war on the other side of the world, of property speculation that went unchecked and rents that were uncontrolled, of a supermarket duopoly that makes at least twice as much profit as is normal for the international supermarket sector, and of financial institutions stripping billions of dollars in profit every year.

    Bravo, Melissa.

    If student politicians Seymour and van Velden are anywhere near policy later this year, working people will pay the most horrendous cost for their bizarre ideological experiment.

    • PsyclingLeft.Always 3.1

      Hell yes. Also…a thing I have NEVER understood, is the "average" wage worker..who hates Labour. And likes the Nats. Ignoring their Labour given pay increases, extra holidays,etc etc. Go figure…

      • Muttonbird 3.1.1

        That average wage worker has issues with one or more of the following:

        • Vaccines
        • Women
        • Māori
        • Transgender people
        • PsyclingLeft.Always 3.1.1.1

          Sad but true. In my working life (quite a time period)…I have tried on different occasions,to get workers to stand together against bullying "managers", poor or dangerous working conditions etc etc….. I have heard SO many reasons they cant/wont.

          Some i got..but sadly, mostly, they didnt want to cause a problem. Like they werent working FOR the problem ?

          Anyway..I really hope nact dont get back..because of some who cant see how bad it will be !

          Workers..deserve pay increases. End of

          • KJT 3.1.1.1.1

            Workers know all to well, that they have no power and "standing up" or even joining a Union, will only result in no job or other individual Ill treatment.

  4. observer 4

    The TV/media vox pops today used reports like this to create an entirely false picture, namely – people are doing it tough, therefore government bad, therefore opposition in.

    With the obligatory soundbite of Luxon saying "we need change" and not one fricking reporter asking him or telling the public what that "change" entails.

    Do we have to wait until October before they bother?

  5. adam 5

    The CTU is to be congratulated.

    Now NatAct will come rushing to defend their Lords and Peers

    Least they have to care about weak and the poor – not their problem.

    • Gosman 5.1

      The proposed solutions in that piece will make things worse not better for those at the bottom.

      • Incognito 5.1.1

        You would say that but your comment lacks supportive analysis and sound argument, as usual, and thus has zero credibility and validity aka you’re wasting our and your own time here, as usual. At least over at KB you’ll score some ‘likes’ with your nonsensical troll-like comments. How’s that for value for money and ROI? Any intelligent free-market disciple would count their losses and run but not you!?

  6. tsmithfield 6

    I agree that there is a lot of imported inflation. But I think the government also has a lot to answer for so far as inflation goes.

    One area is government fuel levies. The government did the right thing to reduce their tax take on fuel. In reality the government was creaming it due to the fact that the GST take increased substantially with fuel prices. But reducing the levy had an anti-inflationary effect.

    However, now, they intend to reverse that change and put the levy back on. The effect will be to bump inflation up. I think the government should keep that levy reduction in place while there is a cost of living crisis and inflation is high. That would leave a lot of money in the pockets of kiwis.

    Another area is immigration. Due to the tight immigration settings wages were artificially inflated with no productivity benefits for employers. In fact, employers have been screaming out for immigration settings to be loosened for a long time now. There has been a highly detrimental impact on productivity due to the difficulty in finding workers.

    We have experienced that in my business. It certainly hasn't been easy.

    My company is in the "unemployment business". That is, our business operates in the field of automation. So, when labour costs get too high, businesses look to automate to reduce their labour costs. Ultimately, that leads to lay-offs and higher unemployment.

    Wage increases are great. But they need to be driven by increased productivity, otherwise the labour costs are seen as increased costs that need to be reduced through gains in efficiency, such as automation.

    This is not only in the area of factory automation. But also, in automation of office processes, and cost-reduction methods such as moving call centres overseas.

    At the moment, wage increases have been due to artificial government-induced stresses in the supply of labour. This will end in a cycle of both lower profits for businesses, continued inflation, along with a recession. In other words, stagflation, which is far worse than ordinary inflation.

    And, what to say of the incompetence of the Reserve Bank. They pumped way to much cash into the economy. This had the predictable effect that asset prices would be driven dramatically higher.

    And now that they see the folly of their ways, they are punishing consumers by ratcheting up interest rates dramatically.

    This has had the disastrous effect on those who had to pay over-inflated prices for those who needed a house, especially first home buyers, in that a lot of those will now be underwater with negative equity, and many may end up losing their homes.

    • Muttonbird 6.1

      Same old story as described in the new post by the CTU. You lot want ordinary Kiwis to suffer so that you can make outsized profits which feed the child you gave 20K to as a 19 year old.

      How about thinking of the greater good rather that your own immediate family?

      • tsmithfield 6.1.1

        Why do you assume outsized profits? Most businesses in NZ are small to medium sized enterprises, many just trying to survive.

        Think about the poor retailers and hospitality businesses who have just gone through Covid lockdowns. And just when things are coming right in the Covid respect, they are now facing having to get through a recession.

        Many of us have mortgaged our houses to fund our businesses. My brother and I, who run our business actually pay ourselves less than some of our employees.

        Unless you have actually tried to run your own business, you really have no idea about the sort of stresses that business face.

        • Muttonbird 6.1.1.1

          I am self employed. I know what it means to live day to day. Oh to be able to leverage property against borrowing.

          This is where you nut jobs lose the centre…

          • tsmithfield 6.1.1.1.1

            It is the fact that some of us have the ability to do that which allows us to grow our businesses and employ people. But there are big risks with that as well.

            I think banks need to change their attitudes to lending for self-employed though. It is really hard to get a bank to give a loan to someone who is self-employed compared to someone in a job, even if the self-employed person is doing really well.

            So, if you are in that situation, I do sympathise with you, because I don't think it is really fair.

            • KJT 6.1.1.1.1.1

              Why would banks lend to a productive business when they can make more, without risk, by lending to property speculation

    • KJT 6.2

      "were artificially inflated with no productivity benefits for employers."

      Employers have benefited for decades by wages that were artificially depressed by immigration policies and Union busting. Increasing the wealth of capital at the expense of workers.

      Wages are still nowhere near the percentage of GDP, they were in the 60's.

      Employers will just have to get out of the habit of having employees subsidising their marginally profitable business and work at making it more efficient.

    • Incognito 6.3

      Due to the tight [loose] immigration settings wages were artificially inflated [suppressed] with no productivity benefits for employers.

      FIFY

  7. Stuart Munro 7

    Go the CTU – needs to be said.

  8. PsyclingLeft.Always 8

    Banks, energy companies post huge profits as households struggle

    Meridian is up 55%, Mercury 42% and Genesis is up from a $31 million profit to $221 million, a near 600% increase.

    https://www.1news.co.nz/2022/08/25/banks-energy-companies-post-huge-profits-as-households-struggle/

    Fucks sake Labour ! : Re-Nationalise NZ Power ! And NZ Rail ! Get rid of Kiwirail and the white-anters within it….

    Better to 'bite the bullet' and get rail work done quickly, Transport Minister says

    https://www.rnz.co.nz/news/national/482965/better-to-bite-the-bullet-and-get-rail-work-done-quickly-transport-minister-says

    And yea….about Business profits…

    Vodafone NZ has lifted profitability and edged closer to the $2 billion revenue mark in the year to 31 March, 2022.

    https://www.reseller.co.nz/article/701709/revenue-profit-grow-vodafone-nz-simplifies-its-business/

    Banks keep economic headwinds at bay with $1.7b profit in last quarter

    https://www.rnz.co.nz/news/business/475169/banks-keep-economic-headwinds-at-bay-with-1-point-7b-profit-in-last-quarter

    And despite the Labour commies ( Jacinda, I miss you : (…..

    Despite significant ongoing global turmoil, New Zealand agricultural producers are positioned for another profitable year in 2022, according to a just-released report by agribusiness banking specialist Rabobank.

    This would represent the sixth consecutive year of general profitability for the country’s agricultural sector.

    https://www.rabobank.co.nz/media-releases/2022/220203-new-zealand-ag-sector-looking-to-another-profitable-year-ahead-rabobank-2022-outlook/

    Despite the hate-on towards Labour….there are many more making heaps. So, whining employers, Kirk Hope, et al..fuck off

    • Gosman 8.1

      The government would need to borrow billions more to re-nationalise the energy companies and likely case a massive capital flight similar to the one that led to Liz Truss's political demise.

      • Incognito 8.1.1

        Speculation on speculation plus a little fearmongering but no real genuine analysis or effort whatsoever, which is your MO.

        • x Socialist 8.1.1.1

          Speculation? Of course capital flight would become a reality. There's no money in a communist nationalised state.

          [headsup that you are on your last warning. You have a history of bans and warnings for trolling, Māori bashing, and quoting without linking. The next ban will be until well after the election. We’re having a clear out so that TS is in good shape for the election period and to reduce moderator workload. – weka]

          • weka 8.1.1.1.1

            mod note.

          • Incognito 8.1.1.1.2

            So few words yet so much ignorance on display!

            The capital flight must have been enormous when we re-nationalised NZ Rail and Air NZ, for example, and we descended into a “communist nationalised state”.

        • Gosman 8.1.1.2

          How would the government re-nationalise the energy companies unless they borrowed billions of dollars?

          • Incognito 8.1.1.2.1

            Government is already borrowing billions. Has this led to capital flight? What does Liz Truss got to do with this? Is she your new benchmark for quality arguments?

            Put some effort into your piss-poor comments!

            • Gosman 8.1.1.2.1.1

              Liz Truss's experience is useful because it illustrates what would occur if a government decides to ignore fiscal discipline.

              • Incognito

                Nonsense! The NZ PM did not get ditched (by their own Party) each time NZ Government undertook a (major) re-nationalisation. Liz Truss barely had time to put her feet under her table.

                You really have to start putting some effort into your comments. They suck!

      • PsyclingLeft.Always 8.1.2

        Now …where have I heard that kind of line before ? Oh..Right.

        Reckless…himself

        Labour-Greens electricity threats would destroy savings & jobs

        https://www.beehive.govt.nz/release/labour-greens-electricity-threats-would-destroy-savings-jobs

  9. Gosman 9

    Inflation is an increase in the money supply in the economy without a corresponding increase in economic activity. The main culprit behind that is the Reserve Bank and whoever is directing them.

    • Incognito 9.1

      The RBNZ is independent, so who is directing them? Nothing but insinuations, which is your MO.

      • Gosman 9.1.1

        The government is directing them with their changing of the focus of the RBNZ target.

        • Incognito 9.1.1.1

          What change?

          When did this happen?

          How often does this happen?

          What was the rationale?

          Who sets the Official Cash Rate in NZ?

          How often?

          Who directs this?

          How?

    • Tiger Mountain 9.2

      Gosman drops another floater in the pool.

      This perfect storm of the last year or two is down to the COVID supply chain disruption and finance capital opportunism which has seen capital basically trousering the increased money supply in certain sectors, and massive price gouging of consumers.

      • Gosman 9.2.1

        In which case inflation should slowly disappear on it's own and their is no need for any organisation or individual to do anything as the supply problems will slowly work their way out of the system. Remember inflation is a problem when it is a persistent increase in prices not merely one off shocks to the system.

        • lprent 9.2.1.1

          It is a supply shock situation imposing on top of structural one. Exterior shocks are mostly what is pushing the cost inflation that teh RBA is concentrating on with interest rates rises to make money more expensive. Including housing rental and mortgage costs – the largest cost to individuals and families.

          The structural problem is that we also have a period where population employment participation is very high, especially for skills. But we can’t afford high immigration because that pushes housing costs as we still have a significiant backlog of a housing shortage and excessive housing costs.

          Price inflation + employment shortages + persistent housing costs will cause pressure to raise wages.

          The basic structural problem is that during Nationals lazy terms in office they concentrated on tax cuts rather than making sure that there was the housing infrastructure for the massive migration that they encouraged to increase the tax base. So when we have external inflationary shocks, there is little economic room to move.

          The Labour government had 2018 and 2019 to start to try to correct that structural issue, then they caught a bit more than 2 years of an external pandemic, and this year with the cost inflation incoming.

          It will take a few years to work the existing inflation through, while hoping like hell that we don’t gte more coming in from offshore and we don’t get a building bust that stops us from killing National’s housing shortage.

    • Nic the NZer 9.3

      "Inflation is an increase in the money supply", said no serious recent economist.

      Inflation is a sustained increase in the price level.

      • Gosman 9.3.1

        That's funny because that is why we task the Reserve bank to tackle inflation. The Reserve bank is restricted to controlling the money supply to manage that. If no serious recent economist is saying that inflation is around money supply growth why are none of them (that I am aware of) suggesting we ditch the RBNZ role in tackling inflation?

        • KJT 9.3.1.1

          Actually more than a few "serious economists" are critical about the ideas behind the RBA.

          You need to expand your reading. Von Mises, Ayn Rand and the Chicago school, are not the entire pantheon of economic thought.

          • Gosman 9.3.1.1.1

            Why has the Labour party not ditched the inflation target from the Reserve bank act?

            • KJT 9.3.1.1.1.1

              The neo-liberal religion still persists.

              • Gosman

                Amazing that something that you think is quite obviously false can have such a hold over a political party like Labour which is meant to be attracting people like you.

        • Incognito 9.3.1.2

          Crikey, that’s too difficult and I’ll have to consult my ChatGPT on that.

          Bummer! It crashed (Fatal Error In Stack Overflow) when I typed in “Gosman” and “serious economists” crying

        • Nic the NZer 9.3.1.3

          Not sure why your having trouble understanding the distinction.

          The RBNZ looks at the CPI as an inflation measure. The CPI measures price level changes.

          Where as the way you put it makes a definition, inflation is any increase in the money supply. There is an idea of a correlation between these but if your a serious economist you ought to be aware of concepts which require measured evidence of their truth value.

          The evidence is not there for this one and the RBNZ gave up quantity targets circa 1986, if it actually tried them seriously before (this idea just didn't work). The RBNZ policy rate is an interest rate at which they will lend as much as needed.

    • adam 9.4

      Yeah right Gossy, nothing at all to do with the war, the slow down of trade, covid, other world events, demographics, or greed.

      This is why any one who has a rational brain can't vote natact, they will destroy the economy in the name of purity within weeks if they get the reigns of power.

    • Incognito 9.5

      Did you get that description of inflation from an old economics textbook for secondary school students by any chance? Your simplistic reckons show a profound lack of understanding and knowledge and/or of a disingenuous agenda of obfuscation.

    • KJT 9.6

      The main culprits are excess profit taking suppliers and non productive rent seekers like, banks, property speculators and landlords, along with oil companies.

      But. You know that perfectly well.

      The reserve bank is responding by killing the productive economy, and disadvantaging the people who the economy is supposed to serve, because their absurd enabling ACT, requires them to protect rentiers, FIRE, sectors of the economy by attacking those who do productive work.

      • Gosman 9.6.1

        If you are correct (which you aren't) then why are pretty much ALL parties in Parliament (even the Greens) broadly supportive of the RBNZ having an inflation target. If you are correct then there is very little the Reserve Bank can do to manage inflation and therefore the target should be removed.

        • KJT 9.6.1.1

          I note your expressing an opinion which is contradicted by the evidence.

          Including the idea that the Greens are supportive of the RBA.

          And yes. The RBA will depress wages and productive activity, but not underlying inflation, which is imported.

          http://kjt-kt.blogspot.com/2013/05/the-reserve-bank-debt-and-property.html

          In New Zealand we have the "Reserve Bank Act".
          Which basically requires the reserve bank to kill the rest of the economy, whenever Auckland house prices, or wages, rise.

          In fact the rise in interest rates will also be inflationary.

          Reflecting the oft quoted right wing mis representation about taxes and a bucket.

  10. Gosman 10

    If the analysis by the CTU was correct (it isn't by the way) then it is a stunning indictment on the current government as it was they lack of urgent action on any of the areas mentioned they has led to the situation we are now in.

    • Incognito 10.1

      Typical libertarian response, you want your sardine cake and eat it but no effort put into it at all, which is your MO.

      • Gosman 10.1.1

        What do you mean no effort? The CTU thinks the problem with inflation is caused by supply issues in the economy (which it is not to any significant degree) and the government should target this to tackle inflation rather than other methods which is likely to lead to more economic pain for those at the lower end of the economy.

        The current government (which the CTU generally supports and is closely associated with) failed to deal with these issues for the past 5 years and doesn't look like it will do so in any significant way now.

        • Stuart Munro 10.1.1.1

          The CTU thinks the problem with inflation is caused by supply issues in the economy

          It's interesting that you should say so, because they don't. What they say is:

          It’s the result of weak and deregulated supply chains collapsing because of COVID, of an overreliance on oil that skyrocketed in price because of a war on the other side of the world, of property speculation that went unchecked and rents that were uncontrolled, of a supermarket duopoly that makes at least twice as much profit as is normal for the international supermarket sector, and of financial institutions stripping billions of dollars in profit every year.

          In short, not supply issues in the economy. External cost increases and unregulated avarice. Are you trying to misrepresent their position, or did you simply not understand? Courses in remedial reading are available.

          • Gosman 10.1.1.1.1

            Ummm… those are mostly on the supply side of the economy. Supermarket, Landlords, Distribution, and Oil production are all related to supply not demand. The only ones that aren't are property speculators and financial institutions neither of which there is evidence for them causing inflation. How financial institutions "stripping billions in profit every year" is meant to lead to higher inflation is not explained. Perhaps you could detail the mechanism for how we have higher prices as a result of this.

            • KJT 10.1.1.1.1.1

              So. If you own a business. You don't put prices up when your interest rates and rents double?

              Sure.

              • Gosman

                Why do you think the RBNZ raises interest rates to try and lower inflation? If your logic was correct (which it isn't) then raising interest rates would cause HIGHER inflation.

                • KJT

                  Having to pay up to 26% mortgages had no effect on wage demands and price increases in the 80's.

                  Pull the other fucking leg, again!

                • Incognito

                  You are not really that ignorant, so you must be trolling again.

                  The RBNZ target range for inflation is between 1 and 3% with a mid-point of 2%.

                  Why do you think this is the case?

            • Stuart Munro 10.1.1.1.1.2

              No evidence of property speculators causing inflation eh. You have to be looking the other way mighty hard to maintain that fiction.

              • Gosman

                We've had property speculators running rampant in NZ for much of the 2000's. How did they impact the inflation rate?

                • KJT

                  The house price inflation, pass you by?

                  • Gosman

                    Did you miss the underlying inflation rate being below 3% for the majority of that time period?

                    • Stuart Munro

                      So our economy was essentially moribund – tell us something we didn't know. For all the neoliberal talk of growth, they were mighty reluctant to bring in the policies that would have produced it.

                    • Gosman

                      Ummm… no. The economy has performed quite well over the past decade and a half.

        • Incognito 10.1.1.2

          What I mean by effort is that you lift a finger, and you lift your game here. If not, I will moderate you, again, and most likely with a ban this time.

          The CTU is in good company in its thinking about the causes of inflation. For example:

          Supply-chain and war-related disruptions will continue to be important determinants of the future path of inflation.

          RBNZ Monetary Policy Statement August 2022 (https://www.rbnz.govt.nz/-/media/2e7d3800e1b5463bb1f4dcaace23c3d7.ashx)

  11. Tiger Mountain 11

    The NZCTU has been significantly missing in action ever since Helen Kelly’s unfortunate departure. And it was MIA before Helen too! A significant class error of the late 20th century was forming the CTU and ending the more fighting NZFOL.

    The ‘theory’ from Ken Douglas was “tripartism”, “positive engagement”, “industry unions” and so on that would lead to a brave new world. The reality of the union busting ECA was that the bosses wanted no less than the total destruction, or at least marginalisation of organised labour. They almost got what they wanted except for the likes of NDU/FIRST, Unite, Etū, Munz, and the militant pockets of Teachers and Health Care workers.

    So considering that back drop, it is great to see Secretary Melissa Ansell–Bridges say these things. They need to be said daily on the media channels and enforced with direct action as can be organised.

    • Gosman 11.1

      Direct action by Trade Unions beyond supporting a pay and condition negotiation is not permitted under NZ law unless it just involves actions that do not disrupt operations of the businesses the Trade Union members work for.

      • Tiger Mountain 11.1.1

        It may be news to you Gossie (as my old friend TRP used to tag you) that NZ citizens actually have the right to exercise their freedom of speech, assembly and association regardless of employment legislation.

        Unions as registered entities do have a whole bunch of requirements such as bargaining time frames and notification and specifying in great detail any industrial action. Heh, but that is not my theme here.

      • lprent 11.1.2

        I think that you have no idea about what the law is. Certainly you can’t express it. Using your interpretation of the law, since ‘Diect Action’ and ‘operations of a business’ could mean anything, then the following would be unlawful.

        • Writing a press release or informing ACC/MBIE about dangerous work conditions that an employer allows would be unlawful. That could disrupt the sales and marketing which is a operation of a business, or get ACC or MBIE disrupting the operations of a business.
        • Informing suppliers that an employer doesn’t pay their bills would be unlawful.
        • Informing transport companies directly or indirectly via media of possible future strike operations would be unlawful. These often happen outside of the scope of a negotiation.
        • Informing anyone that the employer doesn’t pay staff in full or regularly, and thereby disrupting employment operations would be unlawful.
        • Informing the police of banks or auditors or the IRD about financial improprieties would be unlawful
        • Recruiting members is a direct action.

        These are just simple examples of direct actions, all of which are perfectly legal activities for a union, union members, or anyone. Indeed many of them are legally desired activities. Most of which I have either read about in business news, court cases, or seen.

        If you want to make silly blanket assertions, then it might pay to actually use your brain a little next time.

      • KJT 11.1.3

        So much for libertarian "freedom" eh?

    • Chris 11.2

      Too bloody right. And perhaps a new secretary has a better grasp of the importance of the need for unions to represent all workers, not just those in employment.

  12. Sabine 12

    Unless government – any government btw, starts regulating rent, food, energy you can not wage increase yourself out of poverty and / or inflation.

    Higher costs in production will lead to higher costs to the end consumer

    every time government increases benefits (not enough imho) landlords increase their rents

    every time a beneficiary/min wage worker/low income worker gets an accomodation benefit another landlord increases their rents cause the government provided

    The supermarket duopoly was supposedly looked at by the current Labour government, i guess it got put on the back burner, other issues more important than having affordable food

    youth unemployment sits at 9%, why is that? Does anyone care?

    under employmnet sits at 9% why is that, does anyone care?

    The current min wage sits at 21.20 NZD per hour, plus 8% holiday pay, plus sick pay for 10 days, plus kiwi safer contributions, ACC levies. That does not include the cost of hiring, training, providing a safe work environment, continous training to retain said employee etc. You can increase this to a base hour wage of 50 NZD and with your rent costing 1750 per week for a hole in a wall, you are still as poor as you were earning 9.50 NZD in 90s.

    • Tiger Mountain 12.1

      Such an array of photons from Sabine.

      Natzos/ACT will freeze minimum wage for three years according to what ACT have stated. So get real, stop whinging and start community organising.

      • Sabine 12.1.1

        A. I propose that you don’t vote for ACT if you don’t believe in them.

        B. You demand that Labour finally does something that trickles down to those that might consider voting for N or A in order to prevent them from voting for N or A.
        You know all those that were properly left behind these last 2.5 years that Labour had a full majority which with it did nothing.

        I just pointed out a truth. You will never raise wages as high as the cost of living as every single time you do, the cost of living goes up. Someone finally in the lefty world needs to understand that unless you regulate nothing is going to change.

        • Tiger Mountain 12.1.1.1

          Heh, what truth? capital is never going to self regulate. The bourgeois Parliament is not going to sufficiently control capital and finance capital either without lots of citizen pressure.

          Workers power is the only solution.

          • Sabine 12.1.1.1.1

            I don't expect Capital to self regulate.

            I expect Government to regulate Capital.

            And any government that refuses to regulate Capital is part of the problem and an enabler of the excesses of capitalism.

        • Gosman 12.1.1.2

          I love how many on the the left think they can control prices by regulation. It is like people thinking they can control the tides by building sand walls.

          • Tiger Mountain 12.1.1.2.1

            Who holds class power is how it happens Gossie–and capital has had it for far too long.

            Change will happen via generational shift, younger and non white is where we are headed and more disruptive events–finance capital and environmental ructions.

            • Gosman 12.1.1.2.1.1

              Where you are headed if you choose to pursue policies such as price controls is the same place other efforts have gone – the dustbin of economic failure.

              • Incognito

                You seem to know that dustbin inside out. Are you a failed Economics student or a business failure, by any chance? It would explain so much!

          • Chris 12.1.1.2.2

            You sound as if you believe that the economic system we've adopted, how ever one may describe it, is a natural phenomenon.

            • Gosman 12.1.1.2.2.1

              As much as human interactions are natural. Do you think activities such as sexual intercourse are natural or man made?

              • Incognito

                A bit of Zen for you:

                If you have sexual intercourse in the middle of a forest and there is no one else to witness it, then it is not sexual intercourse.

                Consider TS your forest and that we are not there to witness you.

          • Incognito 12.1.1.2.3

            Of course they can! Do you still have shares in Telecom?

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  • 40 years ago, inside the crisis that made modern NZ
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    PolitikBy Richard Harman
    5 days ago
  • 2024 SkS Weekly Climate Change & Global Warming News Roundup #28
    A listing of 34 news and opinion articles we found interesting and shared on social media during the past week: Sun, July 7, 2024 thru Sat, July 13, 2024. Story of the week It's still early summer in the Northern Hemisphere. The season comes as our first year of 1.5°C warming ...
    5 days ago
  • Unsurprising, but Trump shooting creates opportunity for a surprising response
    I can’t say I’m shocked. As the US news networks offer rolling coverage dissecting the detail of today’s shooting at a Donald Trump rally in Butler, Pennsylvania, and we hear eye-witnesses trying to make sense of their trauma, the most common word being used is shock. And shocking it is. ...
    PunditBy Tim Watkin
    5 days ago
  • Escalation in the States as Trump is shot and his allies capitalize on the moment
    Snapshot summary of the shooting in the States belowAnd a time to remember what Abraham Lincoln once said of the United States of America:We find ourselves in the peaceful possession of the fairest portion of the earth, as regards extent of territory, fertility of soil, and salubrity of climate. We ...
    Mountain TuiBy Mountain Tui
    5 days ago
  • Bernie Sanders: Joe Biden for President
    I will do all that I can to see that President Biden is re-elected. Why? Despite my disagreements with him on particular issues, he has been the most effective president in the modern history of our country and is the strongest candidate to defeat Donald Trump — a demagogue and ...
    Mountain TuiBy Mountain Tui
    5 days ago
  • Questions from God
    Have you invited God into your online life? Do you have answers for his questions? Did I just assume God’s pronouns?Before this goes any further, or gets too blasphemous, a word of explanation. When I say “God”, I don’t meant your god(s), if you have one/them. The God I speak ...
    Nick’s KōreroBy Nick Rockel
    5 days ago
  • The politics of money and influence
    Did you know: Four days ago, the CEO of Warner Bros Discovery (WBD), David Zaslav, opined that he didn’t really care who won the US Presidential election, so long as they were M&A and business friendly. Please share my Substack so I can continue my work. Thank you and happy ...
    Mountain TuiBy Mountain Tui
    5 days ago
  • Auckland & Transport Minister Simeon Brown's insanity
    Excuse me, but I just don’t feel like being polite today. What is going on with Simeon Brown? I mean, really? After spending valuable Ministerial time, focus, and government resources to overturn tailored speed limits in school and high fatality zones that *checks notes* reduces the risk of deaths and ...
    Mountain TuiBy Mountain Tui
    6 days ago
  • Were scientists caught falsifying data in the hacked emails incident dubbed 'climategate'?
    Skeptical Science is partnering with Gigafact to produce fact briefs — bite-sized fact checks of trending claims. This fact brief was written by John Mason in collaboration with members from the Gigafact team. You can submit claims you think need checking via the tipline. Were scientists caught falsifying data in the ...
    6 days ago
  • What Happened to David D'Amato's Millions?
    Today’s podcast episode is for paying Webworm members — and is a conversation seven years in the making. Let me explain.Hi,As I hit “send” on this newsletter, I’m about to play my 2016 documentary Tickled to a theatre full of about 400 Webworm readers in Auckland, New Zealand.And with Tickled ...
    David FarrierBy David Farrier
    6 days ago
  • Voting as a multi-order process of choice.
    Recent elections around the world got me to thinking about voting. At a broad level, voting involves processes and choices. Embedded in both are the logics that go into “sincere” versus “tactical” voting. “Sincere” voting is usually a matter of preferred … Continue reading ...
    KiwipoliticoBy Pablo
    6 days ago
  • Women in Space.
    Count downThree twoI wonderIf I'll ever see you againI'm 'bout to take offI'm leaving youBut maybeI'll see you around somewhere some placeI just need some spaceA brief reminder that if you’re a Gold Card holder you can subscribe to Nick’s Kōrero for 20% off. You’re also welcome to use this ...
    Nick’s KōreroBy Nick Rockel
    6 days ago
  • Bernard’s Saturday Soliloquy for the week to July 13
    Auckland waterfront, July. Photo: Lynn Grieveson / The KākāTL;DR: My top six things to note around housing, climate and poverty in Aotearoa’s political economy in the week to July 13 are:The National-ACT-NZ First Coalition Government watered down vehicle emissions standards this week, compounding the climate emissions damage from an increasingly ...
    The KakaBy Bernard Hickey
    6 days ago
  • Dems need to ask the right question about Biden as his age now defines the campaign
    Midway through the news conference that many American political commentators had built up as critical to Joe Biden’s re-election chances, the US president said European leaders are not asking him not to run for a second term, “they’re saying you gotta win”.The problem for Biden and his advisors is that ...
    PunditBy Tim Watkin
    6 days ago
  • Govt flounders while ocean temps soar
    TL;DR : Here’s the top six items of climate news for Aotearoa-NZ this week, as selected by Bernard Hickey and The Kākā’s climate correspondent Cathrine Dyer, most of which they discussin the video above. According to experts, the rate of ocean surface warming around New Zealand is “outstripping the global ...
    The KakaBy Bernard Hickey
    7 days ago

  • New infrastructure energises BOP forestry towns
    New developments in the heart of North Island forestry country will reinvigorate their communities and boost economic development, Regional Development Minister Shane Jones says. Mr Jones visited Kaingaroa and Kawerau in Bay of Plenty today to open a landmark community centre in the former and a new connecting road in ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • 'Pacific Futures'
    President Adeang, fellow Ministers, honourable Diet Member Horii, Ambassadors, distinguished guests.    Minasama, konnichiwa, and good afternoon, everyone.    Distinguished guests, it’s a pleasure to be here with you today to talk about New Zealand’s foreign policy reset, the reasons for it, the values that underpin it, and how it ...
    BeehiveBy beehive.govt.nz
    4 hours ago
  • Delivering 24 hour pothole repairs
    Kiwis and freight operators will benefit from the Coalition Government delivering on its commitment to introduce targets that will ensure a greater number of potholes on our state highways are identified and fixed within 24 hours, Transport Minister Simeon Brown says.  “Increasing productivity to help rebuild our economy is a key ...
    BeehiveBy beehive.govt.nz
    7 hours ago
  • Peer Support Specialists rolled out in hospitals
    Five hospitals have been selected to trial a new mental health and addiction peer support service in their emergency departments as part of the Government’s commitment to increase access to mental health and addiction support for New Zealanders, says Mental Health Minister Matt Doocey.  “Peer Support Specialists in EDs will ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Consultation opens for the Emissions Reduction Plan
    The Government’s draft Emissions Reduction Plan shows we can stay within the limits of the first two emissions budgets while growing the economy, Climate Change Minister Simon Watts says. “This draft Emissions Reduction Plan shows that with effective climate change policies we can both grow the economy and deliver our ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Benefit stats highlight need for welfare reset
    The coalition Government is providing extra support for job seekers to ensure as many Kiwis as possible are in work or preparing for work, Social Development and Employment Minister Louise Upston says. “While today’s quarterly data showing a rise in the number of people on Jobseeker benefits has been long ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • School attendance continues to increase
    Provisional school attendance data for Term 2 2024 released today has shown more students are back in class compared to last year, with 53.1 per cent of students regularly attending, compared with 47 per cent in Term 2 2023, Associate Education Minister David Seymour says. “The Government has prioritised student ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • $22.7m of West Coast resilience projects underway
    Transport Minister Simeon Brown has welcomed news of progress being made by the NZ Transport Agency (NZTA) on the first of several crucial resilience projects underway on the South Island’s West Coast.“State highways across the West Coast are critical lifelines for communities throughout the region, including for freight and tourism. ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Migrant school leavers to get part-time work rights
    The coalition Government is providing migrant school leavers with greater opportunities, by increasing access to part-time work rights for those awaiting the outcome of a family residence application, Immigration Minister Erica Stanford has announced.  “Many young people who are part of a family residence application process are unable to work. ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Funding to support use of NZ Sign Language
    Seven projects have received government funding totalling nearly $250,000 to maintain and promote the use of New Zealand Sign Language (NZSL). Initiatives that received an NZSL Board Community Grants this year include camps that support the use of NZSL through physical and sensory activities, and clubs where Deaf people and ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Inflation data shows progress in economic recovery
    Today’s Consumer Price Index data which has inflation at 3.3 per cent for the year to July 2024, shows we are turning our economy around and winning the fight against rampant inflation, Finance Minister Nicola Willis says.  “While today’s data will be welcome news for Kiwis, I know many New ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Experts to advise Minister on Oranga Tamariki
    The Oranga Tamariki Ministerial Advisory Board has been re-established by the Minister for Children, Karen Chhour. “I look forward to working with the new board to continue to ensure Oranga Tamariki and the care and protection system, are entirely child centric,” Minister Chhour says. “The board will provide independent advice ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Expectations set for improved medicines access
    Associate Health Minister David Seymour says he has set clear expectations for Pharmac around delivering the medicines and medical technology that Kiwis need.  “For many New Zealanders, funding for pharmaceuticals is life or death, or the difference between a life of pain and suffering or living freely. New cancer medicines ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Regional Development Minister to host summits
    Regional Development Minister Shane Jones will hold a series of nationwide summits to discuss regional priorities, aspirations and opportunities, with the first kicking off in Nelson on August 12. The 15 summits will facilitate conversations about progressing regional economic growth and opportunities to drive productivity, prosperity and resilience through the ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government delivers new school for Rolleston
    The Coalition Government is addressing growing demands on Canterbury’s school network, by delivering a new primary school in Rolleston, Education Minister Erica Stanford says. Within Budget 24’s $400 million investment into school property growth, construction will begin on a new primary school (years 1-8) in Selwyn, Canterbury.  Rolleston South Primary ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New speed camera signs to improve safety
    The Government is welcoming the rollout of new speed camera signs for fixed speed cameras to encourage drivers to check their speeds, improving road safety and avoiding costly speeding tickets, Transport Minister Simeon Brown says. “Providing Kiwis with an opportunity to check their speed and slow down in high crash areas ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • NZ, Korea strengthen relationship
    New Zealand and the Republic of Korea continue to strengthen their relationship, Foreign Minister Winston Peters says.   “New Zealand and Korea have a long history – from New Zealand soldiers fighting in the Korean War, through to our strong cooperation today as partners supporting the international rules-based order.    ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Investing for future growth in tourism and hospitality
    The Government is moving forward with recommendations from the Tourism Data Leadership Group, beginning with establishing a Tourism Data Partnership Fund says Tourism and Hospitality Minister Matt Doocey. “The Tourism Data Partnership Fund is funded through the International Visitor Conservation and Tourism Levy (IVL) and will provide up to $400,000 ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • 4000 more job seekers to get case managers
    A new over-the-phone employment case management service will see thousands more job seekers under the age of 25 supported to find work, Social Development and Employment Minister Louise Upston has announced. “MSD case managers provide valuable support to help people into work, but less than a third of those receiving ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Trade Minister to attend G7 meeting in Italy
    Trade Minister Todd McClay will attend the Group of Seven (G7) Trade Ministers meeting in Reggio Calabria, Italy next week. This is the first time New Zealand has been invited to join the event, which will be attended by some of the world’s largest economies and many of New Zealand’s ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Ministers reveal consequences for unruly Kāinga Ora tenants
    Ministers are pleased to see Kāinga Ora taking a stronger approach to managing unruly, threatening or abusive tenants, Housing Minister Chris Bishop and Associate Housing Minister Tama Potaka say.    “For far too long, a small number of Kāinga Ora tenants have ridden roughshod over their neighbours because, under Kāinga ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Prime Minister wraps up US visit in California
    Prime Minister Christopher Luxon has finished a successful four-day visit to the United States with meetings in California on his final day focusing on innovation and investment.  “It has been fantastic to be in San Francisco today seeing first-hand the deepening links between New Zealand and California. “New Zealand company, EV Maritime, ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Prime Minister leads Indo-Pacific Four at NATO
    Prime Minister Christopher Luxon today chaired a meeting of the Indo-Pacific Four (IP4) countries – Australia, Japan, the Republic of Korea and New Zealand. The IP4 met in the context of NATO’s Summit in Washington DC hosted by President Biden. “Prosperity is only possible with security,” Mr Luxon says. “We need ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • District Court judges appointed
    Attorney-General Hon Judith Collins today announced the appointment of three new District Court Judges.   The appointees, who will take up their roles in July and August at the Manukau, Rotorua and Invercargill courts, are:   Matthew Nathan Judge Nathan was admitted to bar in New Zealand in 2021, having previously been ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Urgent review into Wairoa flood response begins
    Environment Minister, Penny Simmonds today announced the terms of reference for a rapid review into the Wairoa flood response. “The Wairoa community has raised significant concerns about the management of the Wairoa River bar and the impact this had on flooding of properties in the district,” says Ms Simmonds. “The Government ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZDF’s Red Sea deployment extended
    New Zealand has extended its contribution to the US-led coalition working to uphold maritime security in the Red Sea, Defence Minister Judith Collins and Foreign Minister Winston Peters announced today. “The decision to extend this deployment is reflective of the continued need to partner and act in line with New ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government provides support to tackle tax debt and compliance
    New compliance funding in Budget 2024 will ensure Inland Revenue is better equipped to catch individuals who are evading their tax obligations, Revenue Minister Simon Watts says. “New Zealand’s tax debt had risen to almost $7.4 billion by the end of May, an increase of more than 50 per cent since 2022. ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Taking action to reduce road cones
    The Coalition Government is taking action to reduce expenditure on road cones and temporary traffic management (TTM) while maintaining the safety of workers and road users, Transport Minister Simeon Brown says.  Rolling out a new risk-based approach to TTM that will reduce the number of road cones on our roads.  ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Celebrating 100 years of progress
    Te Arawa Lakes Trust centenary celebrations mark a significant milestone for all the important work done for the lakes, the iwi and for the Bay of Plenty region, says Māori Crown Relations: Te Arawhiti and Māori Development Minister Tama Potaka. The minister spoke at a commemorative event acknowledging 100 years ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Foreign Minister to travel to Korea and Japan
    Foreign Minister Winston Peters will travel to the Republic of Korea and Japan next week.    “New Zealand enjoys warm and enduring relationships with both Korea and Japan. Our relationships with these crucial partners is important for New Zealand’s ongoing prosperity and security,” says Mr Peters.    While in the ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government creates MAG for retail crime victims
    The coalition Government is establishing a Ministerial Advisory Group for the victims of retail crime, as part of its plan to restore law and order, Justice Minister Paul Goldsmith and Associate Justice Minister Nicole McKee says.  “New Zealand has seen an exponential growth in retail crime over the past five ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Huge opportunity for educators and students as charter school applications open
    Associate Education Minister David Seymour says today is another important step towards establishing charter schools, with the application process officially opening.  “There has already been significant interest from groups and individuals interested in opening new charter schools or converting existing state schools to charter schools,” says Mr Seymour. “There is ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Decreasing gas reserves data highlights need to reverse oil and gas exploration ban
    MBIE’s annual Petroleum Reserves report detailing a 20 per cent reduction in New Zealand’s natural gas reserves shows the need to reverse the oil and gas exploration ban, Energy Minister Simeon Brown says.“Figures released by MBIE show that there has been a 20 per cent reduction in New Zealand’s natural ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Providers of military assistance to Russia targeted in new sanctions
    Foreign Minister Winston Peters has announced further sanctions as part of the Government’s ongoing response to Russia’s illegal invasion of Ukraine.    “Russia’s continued illegal war of aggression against Ukraine is a direct and shocking assault on the rules-based order. Our latest round of sanctions targets Russians involved in that ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • OECD report shows New Zealand is a red tape state
    Minister for Regulation David Seymour says that the OECD Product Market Regulation Indicators (PMRI) released this morning shows why New Zealanders sorely need regulatory reform. “This shocker result should end any and all doubt that the Government must go to war on red tape and regulation,” says Mr Seymour.  “The ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government unveils five-point climate strategy
    The coalition Government is proud to announce the launch of its Climate Strategy, a comprehensive and ambitious plan aimed at reducing the impacts of climate change and preparing for its future effects, Climate Change Minister Simon Watts says. “The Strategy is built on five core pillars and underscores the Government’s ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • National Bowel Screening Programme reaches 2 million life-saving screening kits
    The National Bowel Screening Programme has reached a significant milestone, with two million home bowel screening kits distributed across the country, Health Minister Dr Shane Reti announced today.   “This programme, which began in 2017, has detected 2,495 cancers as of June 2024. A third of these were at an early ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Granny flats popular with all ages
    More than 1,300 people have submitted on the recent proposal to make it easier to build granny flats, RMA Reform Minister Chris Bishop and Building and Construction Minister Chris Penk say. “The strong response shows how popular the proposal is and how hungry the public is for common sense changes to make ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • $25 million boost for conservation
    Toitū te taiao – our environment endures!  New Zealanders will get to enjoy more of our country’s natural beauty including at Cathedral Cove – Mautohe thanks to a $25 million boost for conservation, Conservation Minister Tama Potaka announced today.  “Te taiao (our environment) is critical for the country’s present and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Zealand increases support for Ukraine
    Prime Minister Christopher Luxon and Foreign Minister Winston Peters have announced a further $16 million of support for Ukraine, as it defends itself against Russia’s illegal invasion. The announcement of further support for Ukraine comes as Prime Minister Luxon attends the NATO Leaders’ Summit in Washington DC. “New Zealand will provide an additional ...
    BeehiveBy beehive.govt.nz
    1 week ago

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