Daily review 30/08/2022
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5:30 pm, August 30th, 2022 - 25 comments
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- Treasury warns deeper recession worsening Budget deficit
The gift that keeps giving: David Seymour has now opened a split in the coalition over the future of National’s promise to build a new medical school. Photo: Lynn Grieveson / TheKakaKia ora. Long stories short, here’s my top things to note in Aotearoa’s political economy around housing, climate and ...3 hours ago - Weekly Roundup 22-November-2024
It’s another Friday and we’re inching closer to the end of the year. Here’s some of the stories that have caught our attention this week. This post, like all our work, is brought to you by a largely volunteer crew and made possible by generous donations from our readers and ...4 hours ago - Beyond Question?
Record Numbers: The Hīkoi mō te Tiriti, which began at the tip of the North, and the tail of the South, on 11 November, culminated outside Parliament on Tuesday, 19 November 2024, in one of the largest demonstrations in New Zealand’s political history.ACCORDING TO TE ARA, the Ministry of Culture ...4 hours ago - The Rush To Blame “The Activists”
Activists are such easy scapegoats. The right and center have been conditioned for decades to roll their eyes at all protests. The left are easily aggravated over students leading movements they see as belonging to grownups, who have more important concerns like the economy and whether the trains come on ...4 hours ago - Cutting Through An Inundation of Dipshit Racists
Hi,Watching New Zealand from afar offers a strange perspective. It can be a good thing — distance from Aotearoa helped keep me sane while I reported on abuse at New Zealand’s biggest megachurch over the course of a year. It helps fuel my silly podcast. But it can also be ...5 hours ago - This is bad news
The speech yesterday by Treasury’s Chief Economic Advisor warning that the books are in worse shape than forecasted looks like it’s part of a softening-up process for either more cuts or a longer wait to get back into surplus. The speech was a highly unusual public preview of Treasury’s Half-Yearly ...7 hours ago - Skeptical Science New Research for Week #47 2024
Open access notables Projected increase in the frequency of extremely active Atlantic hurricane seasons, Lopez et al., Science Advances: Future changes to the year-to-year swings between active and inactive North Atlantic tropical cyclone (TC) seasons have received little attention, yet may have great societal implications in areas prone to hurricane ...16 hours ago - Chicken Kiev
Chatting in the supermarket this morning, I found I needed to lunge for the chicken drumsticks.Coping mechanisms: who hasn’t felt a greater need for them lately?When it all gets too much, I turn to demonstrating handy butchery hacks.It wasn’t that she’d said anything wrong, our friend, not at all. We ...19 hours ago - The year is 2024 and it’s 1984
This is written in response to the highly significant open letter from a group of economists that was today addressed to Christopher Luxon. The year is 2024, and it’s 1984. The country is reeling from a record Olympic medal gold haul, while the globe grapples with the choice of the ...20 hours ago - The IPCA has failed
Back in 2022, RNZ took an in-depth look at the "Independent" Police Conduct Authority and its handling of killings by police. These are the most serious test of oversight, and you would expect the police's use of lethal force to receive the most severe scrutiny. But despite the police regularly ...24 hours ago - Thursday 21 November 2024
The Hīkoi mō Te Tiriti arrived at Parliament on Tuesday – the size is being debated but estimates range from 42,000 to 100,000. The Prime Minister is defending not attending due to some of the organisers being affiliated with Te Pāti Māori. The national gang patch ban came into force ...24 hours ago - ‘These budget cuts are counter-productive and make no sense’
I spoke to former Productivity Chair Nana this morning about the letter he and a group of other economists sent to PM Christopher Luxon to urge the Government to urgently suspend cuts to spending and investment for the sake of the economy, struggling businesses and the wellbeing of vulnerable ...1 day ago
- ACT’s Astroturfing & A Co-ordinated Attack on Te Pati Māori
Unity on the Streets / Unity at the TableAfter the Hīkoi, all three right wing Coalition leaders came together to push the idea that the 42,000 - 50,000 + strong Hikoi was somehow less potent and brave, and more illegitimate than the energy and crowd displayed.Prime Minister Christopher Luxon 20-November: ...1 day ago - Durability of carbon dioxide removal is critical for stabilizing temperatures
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- Economists call on PM to suspend budget cuts for the sake of the economy
Nicola Willis’ budget cuts are under fire from economists for having no clear rationale and worsening the recession. Photo: Lynn Grieveson / The KākāKia ora. Long stories short, here’s my top things to note in Aotearoa’s political economy around housing, climate and poverty on Thursday, November 21: The news at ...1 day ago
- The end of policing by consent
National has appointed a new police commissioner. And he explicitly rejects policing by consent: Asked if he subscribed to policing by consent, he said he did not. “I don’t talk about policing by consent. I talk about trust and confidence, and it is fundamentally important that the police have ...2 days ago
- The Treaty Principles Bill: A Who’s Who
David Horatio Waterbed SeymourFringe politician and dweeb transformed successfully by ThinkTank money into a well-oiled soundbite robot.Currently programmed to say: Equal rights for all New Zealanders Equal rights for all New Zealanders Equal rights for all New Zealanders Was previously programmed to say:I am a proud libertarian andI am a ...2 days ago - Kinleith mill closure shows need for industrial strategy
NZCTU Te Kauae Kaimahi President Richard Wagstaff is calling on the Government to deliver an economic and industrial strategy for regional manufacturing, rather than just expressing sympathy for job losses, following the announced closure of Kinleith mill in Tokoroa. “The closure Kinleith mill in Tokoroa is not just devastating for ...2 days ago
- 27% of kids going hungry, up from 21% in a year
One in four Kiwi children live in households where food runs out often or sometimes. Photo: Getty ImagesKia ora. Long stories short, here’s my top things to note in Aotearoa’s political economy around housing, climate and poverty on Wednesday, November 20: The lead: The official annual Health Survey found sharp ...2 days ago - Transport modelling is an illusion
This guest post by Tim Adriaansen, an advocate for accessibility and sustainable transport, originally published on LinkedIn and cross posted here with permission. People prefer cars, right? Probably not. Here’s why. Granted, most people in English-speaking countries use a car to get around. This simple reality underpins our transport ...2 days ago
- Young Maori take over
Neither Wellington nor Parliament has ever seen anything like it before. The Police said there were more than 40,000 but however many there were, yesterday’s Hikoi to Parliament was a monumental event. It was almost three times the Foreshore and Seabed martch of 2004 and many,many times bigger than ...2 days ago
- Gordon Campbell On The Hikoi Aftermath
The euphoria from yesterday’s hikoi may be transitory, but is no less valuable for that. It is pretty rare for the left to feel itself to be in the overwhelming majority, and speaking as the voice of the people. Lest that momentum be lost, the organisers will no doubt be ...3 days ago - Sabin 33 #3 – Solar panels generate too much waste and will overwhelm landfills
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Mr David Seymour crawling up to the ceilingThe sun don't shine the sun don't shine the sun don't shine at allMamma Pappa say you should go to school, I don't know what forNow that I've grown up and seen the world and all its liesSong: Southside of Bombay"Ake, ake, ake" ...3 days ago - Submit to defend te Tiriti!
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- We need to talk about Kevin
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Like everyone else (everyone who wasn't there, anyway), I've spent the morning watching the hikoi march on Parliament. The pictures are astounding: parliament grounds and the surrounding streets are full, and there are still people backed up along Lambton Quay. The police are estimating 35,000 people, and that's a floor ...3 days ago
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There were urgent moves yesterday at Parliament to try and defuse the tension building up over ACT’s Treaty Principles Bill. The Bill’s author, ACT leader David Seymour, told reporters that he understood the Justice Select Committee met yesterday to discuss how long it should take to consider submissions on the ...3 days ago
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In a manner of speakingI just want to sayThat I could never forget the wayYou told me everythingBy saying nothingOh, give me the wordsGive me the wordsThat tell me nothingOh, give me the wordsGive me the wordsThat tell me everythingSongwriter: Winston TongNext Tuesday, the subscription price for Nick’s Kōrero will ...4 days ago - Monday 18 November 2024
The NZNO have announced a nationwide strike for December over its pay dispute with Health NZ, who have put a 1 per cent cap on pay rises. The Hīkoi mō Te Tiriti and Treaty Principles Bill remain front and centre in the media, with the impacts of the Hana-Rawhiti Maipi-Clarke-led ...4 days ago
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7 days ago - More lawlessness from National
On Tuesday, sick of government stonewalling, the Waitangi Tribunal issued a rare court order, ordering the Minister of Health to release unredacted documents within 48 hours showing its reasoning for disestablishing Te Aka Whai Ora, the Māori Health Authority. The government's response to the lawful order of a court? Yeah, ...7 days ago
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Day One of the Treaty Principles Bill…and everyone got what they wanted, and did what they liked. Heated words were exchanged. Culturally appropriate acts of outrage were performed. David Seymour got to play the victim card. Willie Jackson got kicked out of class. A comically red-faced Mr Speaker bellowed “Order, ...1 week ago
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The government's Treaty Principles Bill is up for its first reading today - bought forward in a rush in a desperate effort to avoid the hikoi which is currently marching on Wellington. But the Prime Minister won’t be there for it – he’s literally running away to Peru! But he ...1 week ago
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Good morning, and I’m sorry I’ve been away for a couple of days.I’ve been focusing on the Hikoi, and also testing out sentiment on the Treaty Principles Bill. It’s complicated, and the Treaty Principles Bill will be debated in the House today. The Government’s own lawyers have told them the ...1 week ago - Government must vote down ACT Members Bill that would undermine workers’ rights
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As the weight of the world Hangs on your shoulders The weight of the world Starts to take over again And over again All that you once loved, now you hate So slowly relearn how to meditate To have and to hold And never let go Can you feel it ...1 week ago - Thursday 14 November 2024
The Treaty Principles Bill is set to have its First Reading in the House today, as the Hīkoi mō Te Tiriti continues. More than 40 KCs have written to the Prime Minister and Attorney-General outlining their “grave concerns” about the substance of the Treaty Principles Bill, while an academic and ...1 week ago
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As the Hikoi against it swells into the tens of thousands, KCs call on National to kill off ACT’s divisive Treaty Principles Bill. Photo: Getty ImagesKia ora. Long stories short, here’s my top things to note in Aotearoa’s political economy around housing, climate and poverty on Thursday, November 14: The ...1 week ago
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The Ministry of Health has today released an evidence brief regarding the use of puberty blockers in gender-affirming healthcare, amid moves by the government to limit access. ...19 hours ago
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- Release: Youth mental wellbeing no longer a priority for Child Poverty Minister
Louise Upston has revealed her diminished vision for vulnerable youth against a backdrop of snubbed advice, scrapped priorities, shifted goal posts and thousands more children projected to fall into poverty. ...22 hours ago
- Release: National’s lack of climate action taking NZ backwards
National Government’s backward-looking climate policy has seen New Zealand fall seven places on the Climate Change Performance Index to 41 out of 63 countries measured. ...22 hours ago
- Release: Simple reason for drop in emergency housing
When the Government says it has reduced the number of people in emergency housing, what it means is it is stopping people from accessing it in the first place. ...1 day ago
- Govt’s child wellbeing strategy ‘shallow and shameful’
The Government is turning its back on children by not only weakening child poverty reduction targets, but also removing child mental wellbeing as a priority focus in their Child and Youth Wellbeing Strategy. ...1 day ago
- Release: A historic win for Samoan communities
Labour warmly welcomes the Restoring Samoan Citizenship Bill as it passes its third reading, before becoming law. ...1 day ago
- Government plan to reinstate live animal exports a “national disgrace”
The Government has taken a giant step backwards by reinstating live animal exports. ...2 days ago
- Pasifika justice as Member’s Bill passes final reading
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- Release: Minister of Education thinks New Zealand ends at the Bombay Hills
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- Economists sound alarm on Government’s slash-and-burn approach
A group of prominent economists has released an open letter to the Government, raising grave concerns about the far-reaching consequences of its fiscal policy. ...2 days ago
- Release: Smoking numbers up under Costello’s watch
National’s repeal of Labour’s smokefree legislation has taken New Zealand further away from achieving a Smokefree 2025 and a smokefree generation. ...2 days ago
- Release: Call for Palestine recognition by NZ, Australian and Canadian MPs
Parliamentarians from Australia, Canada and New Zealand have written an open letter to their respective Prime Ministers calling on them to recognise Palestine. ...2 days ago
- Justice Select Committee opens floor for Treaty Principles submissions
Today, the Justice Select Committee has decided to officially open submissions for the controversial Treaty Principles Bill. ...3 days ago
- Power of the people on full display as hīkoi approaches Parliament
Today, Hīkoi mō te Tiriti arrived in Wellington, with thousands gathering to march in unity against the divisive Treaty Principles Bill. ...3 days ago
- Hypocrisy as Te Whatu Ora contractor bill balloons
Te Whatu Ora’s bill for contracting and consulting staff has ballooned by nearly 20 percent under the National Government, breaking a promise they made during the election campaign to cut contractors. ...4 days ago
- Release: Growing pressure to scrap Section 7AA Repeal Bill
The newly released Section 7AA Repeal Bill's select committee report is further evidence that the Government should scrap it. ...5 days ago
- Government’s move to monetise access to nature a slippery slope
The Green Party is voicing serious concerns over the Government’s proposal to charge for access to public conservation land, released today. ...1 week ago
- Green Party condemns the passage of Treaty Principles Bill
The Green Party condemns the passing of the Treaty Principles Bill at first reading, and is clear that the fight is not over. ...1 week ago
- Stand Up for Te Tiriti
Te Tiriti o Waitangi is our country’s founding document. It forms the basis of the relationship between Māori and the Crown – and the Aotearoa New Zealand we live in today. ...1 week ago
- Release: Over 15,000 sign Labour’s open letter to Luxon
As the hīkoi to Parliament continues, Labour has sent an open letter to Prime Minister Christopher Luxon in a last-ditch attempt to get him to kill the Treaty Principles Bill. ...1 week ago
- Fast Track Bill threatens environment, climate and reputation
The fast-track legislation passing its second reading in Parliament is another step towards environmental ruin. ...1 week ago
- Greens join King’s Counsel in calling for Treaty Principles Bill to be abandoned
The Prime Minister must answer the call from a group of senior lawyers of the King’s Counsel to abandon the divisive Treaty Principles Bill. ...1 week ago
- Chris Hipkins’ apology statement to state and faith-based care survivors
...1 week ago
- Release: Labour formally apologises to state and faith-based care survivors
Labour joins with the Government in unreservedly apologising for the abuse, neglect and trauma including torture in state and faith-based care and for ignoring the voices of survivors for too long. ...1 week ago
- Green Party stands in support of survivors of abuse in care
Today, the Green Party stands alongside the survivors of abuse in state care and faith-based care as the Government issues an historic apology. ...1 week ago
- Green Party calls for conscience vote on Treaty Principles Bill
The Green Party has written to the Speaker of the House requesting he enable a personal vote on the Treaty Principles Bill. ...2 weeks ago
- Govt move to exclude journalist risks chilling effect
The Green Party is alarmed by the Government’s move to exclude a journalist from covering this week’s apology for the survivors of abuse in state and faith-based care. ...2 weeks ago
- Without action, an apology will be empty air
For tomorrow’s apology to survivors of abuse in state and faith-based care to hold any water, the Government must not pursue the same policies that drove the abuse in the first place. ...2 weeks ago
- Release: Concerns remain over tobacco interference
Concerns about the tobacco industry’s ability to interfere in government policy making remain, despite the inability of the Office of the Auditor-General to investigate the Government’s decision to halve the excise tax on heated tobacco products. ...2 weeks ago
- Urgent wake-up call on climate
The Climate Change Commission’s latest advice indicates Aotearoa needs to be stepping up on climate action. ...2 weeks ago
- Green MP’s Meme-ber’s Bill set to save the world
Break out the punchlines and dust off your meme folder: Green Party MP Kahurangi Carter’s Copyright (Parody and Satire) Amendment Bill was pulled from the Ballot yesterday. ...2 weeks ago
- Release: Poroporoaki: Ta Robert (Bom) Gillies
Kua hinga te manawa kairākau o Te Rua Tekau Ma Waru Tiwhatiwha te po! Kakarauru i te po! Ka rapuhia kei hea koe kua riro! Haere e te Ika a Whiro ki o tini hoa kua ngaro atu ki te Pō ...2 weeks ago
- Labour, Greens and Te Pāti Māori call on the Prime Minister to block the Treaty Principles Bill
The opposition parties stand united for an Aotearoa that honours Te Tiriti, rather than seeking to rewrite it. Labour, the Greens and Te Pāti Māori are working together against the Government’s divisive Treaty Principles Bill. ...2 weeks ago
- Release: Labour, Greens and Te Pāti Māori call on the Prime Minister to block the Treaty Principle...
The opposition parties stand united for an Aotearoa that honours Te Tiriti, rather than seeking to rewrite it. Labour, the Greens and Te Pāti Māori are working together against the Government’s divisive Treaty Principles Bill. ...2 weeks ago
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I hope people aren't relying solely on their Kiwisaver for their retirement income.
Our "kind" Government are going to slap a new levy on people's savings. They are just slipping it in without having announced it. The announcement only talked about a trivial reduction in a possible fringe benefit charge if your employer is subsidising your use of public transport.
The massive jump that will hit your fees, and hence final savings, in your Kiwisaver account wasn't mentioned in the Government announcement. I'm sure it was just an accident.
https://www.nzherald.co.nz/nz/government-quietly-introduces-103-billion-tax-on-kiwisaver/OZTZMO6QKJJQOTUL5DG7UFEWA4/
As long as they spend it wisely ,allgood , but unfortunately the spray and walk away payment labours chucking every where has me doubting it,
Hard on the heels of paying dead people the CoA allowance, now it seems they also paid it to foreign property investors.
0.05% of an estimated $2196B balance. Oh noes!
/
Doesnt matter, if the narrative turns into the govt wants to dip into your Kiwisaver it'll be electorally very damaging.
I mean at that rate your retirement savings will be halved in just 140 years time (if they are invested in a zero growth fund).
Kiwisaver and other superfunds have depreciated (aka lost) 12 billion since december.
Savers are penny wise as their properties (wealth ) will also depreciate by around 25%.and mortgage holders having substantive rises.
Next year with the budget blowout Robertson et al are going to have a hard sell with the increase in income tax ( sold as an insurance policy) and a large reduced balance sheet due to asset depreciation.
From the beginning of september the FED starts quantitative tightening (reducing the balance sheet by 95b a month) the ECB starts in October.The days of easy money are over.
Would you like to try recalculating that figure?
0.05%? Hmm. Your arithmetic seems to be as bad as Robertson's.
Last I heard $103B is near enough to one half of one percent of $2196B
Well the last I heard was that 0.05%, which you provided, is actually one twentieth of one percent rather than the one half of one percent that you seem to have learnt at school.
Then we have the minor fact that one half of one percent of 2196 is about 11 rather than the 103 that you seem to think it is.
In fact $103B is about 4.7% of $2196B which is "near enough" to 5%.
What is a little factor of 100 between friends though. Robertson would probably call it a rounding error.
It's not a levy on people's savings, it's GST (Goods and Services Tax) on fees, a service, which I assumed was applied anyway.
We are also getting GST on Uber and AirBnB which should not be exempt either.
Exactly, but no one is saying boo about the fees the banks and other institutions are dredging out of everyone's KiwiSaver.
Putting in a new tax out of budget cycle is simply democratically wrong.
Hope it hurts them.
Minimum wage employees at work were spitting tacks over this. It came over on the radio, and there was a discussion over what it meant. And real anger over yet another 'tax' (I don't care whether it really is, that's what it feels like to them) – when money is already tight and getting tighter (a regular topic of conversation is the price rises at the supermarket, and what they aren't buying this week)
These are people who had to be persuaded that Kiwisaver was a good thing (it's tough when it's a percentage off the lowest income – there are always other things that you think you could/need to be spending on).
Taking additional money off them is electorally really bad news.
Really, I wonder what the benefit was, that the Govt felt this was an essential change to make right now. Especially as IRD warned them that the change would be passed on in increased fees – so they knew it would hit the workers, rather than being absorbed (ha! fat chance) by the funds.
An across the board rate for all vehicles has been in the works for some time.
Easy enough to offset any burden on lower income earners via contributions should it become an election issue.
Well, given that no party (National or Labour) has been willing to set differential benefits/contributions for lower earners into Kiwisaver, forgive my scepticism over the possible remedy.
Chances between fat and thin.
They seem determined to lose the next election!!
The ridiculous living payment, followed by this shit, taxing kiwisaver more!!!
They should be giving kiwisaver tax breaks.
Dummer than a sack full of hammers 🔨
You're assuming the financially vulnerable all have Kiwisaver. They don't.
I've got one, apart from some cheap life,trauma insurance kiwisaver is all I have , guessing that makes me vulnerable.
GST is not exactly a "new" tax.
Not a fraction as much as the banks and providers help themselves to in "management" fees. Except funds like Simplicity, of course.
Oh whoops, sorry about the name error!
typo in user name fixed
I expect a company like Simplicity may absorb a 15% surcharge on it's fees and not pass this cost on to investors. This will put pressure on other Kiwisaver providers to do the same.
But yes, there will be a massive scare campaign come what may.
Poots and his Noosphere woo.
https://twitter.com/davetroy/status/1564099107903651841
https://threadreaderapp.com/thread/1564099107903651841.html
Keep calm… we have nothing to fear but the sky falling on our heads.