web analytics

Dairy drops further

Written By: - Date published: 8:42 am, July 30th, 2014 - 34 comments
Categories: Economy, Environment, farming, national, same old national - Tags:

As expected, Fonterra has dropped the milk solid payout from $7 per kilogram to $6.

The dairy giant announced farm-gate prices sliding to $6 per kilogram of milk solids for the 2014-15 season, after an initial $7 prediction in May.

South Canterbury Federated Farmers dairy chairman Ryan O’Sullivan said the latest announcement was just another illustration of the dairy industry’s volatility.

“The final payout isn’t till this time next year. Twelve months in dairy is a long time,” he said.

O’Sullivan said dairy farming was like any business and there were no guarantees but there was still a fundamental demand for dairy throughout the world.

Hardly unexpected bearing in mind the increased production worldwide and in NZ and the stockpiling that is evident both here and overseas. The NZ Herald has its usual strange headline “Milk cut hits rural folk”. This diminished payout will impact the NZ  economy far wider than just the rural sector, feeding out into the provincial economies and into the cities.

dairy price index

From my view of the market, it is likely that the oversupply in the world traded dairy market will continue to cause the Fonterra payout price to continue to drop over the next years. Certainly the fall shows no signs of diminishing in recent auctions.

As it is, the expected drop in the NZ income will keep reverberating through National’s “rock-star” economy.

The forecast price reduction represents a total drop in payments to farmers of nearly $1.6 billion from Fonterra’s earlier forecast or a cut in farmers’ collective income by roughly $4.3 billion compared with last season’s record pay-out, according to Westpac.

NZ Herald cartoon: Rock star economy – Monday Feb 03, 2014

As the cartoon points out, there is a pile of debt both in the rural sector and throughout the rest of the economy based on the high prices from the the sale of whole milk powder based on sales into China.

NZ Whole milk powder production

As I said earlier in the month.

Despite the blithe words of National and some rather silly bank economists. I’d say that the dairy boom is slowing and possibly over.  Expect steadily falling export prices for a number of years.

In the meantime, under National in its usual short term boom mode, much of the rest of our export tech and manufacturing economy has been stagnating. Once you strip the processing of dairy from our manufacturing sector, what you see is the continued decline of capacity. This feeds into the capacity of other areas like IT exports, which in NZ are often exporting hardware with software.

New Zealand needs a different economic approach for a long term sustainable future that doesn’t rely on strip mining soil and water or other resources.

National is clearly incompetent at heading us towards such an alternate economic future. They have been consistently mismanaging the NZ economy in putting far too much emphasis on resource extraction and the systematic degradation of our ability to earn our own way in the world.

Time to get rid of National’s lack of imagination and long-term planning from the direction of our economy.

34 comments on “Dairy drops further”

  1. Tiger Mountain 1

    The “milk rush” is ending–time!–last orders!

    The small innovative dairy companies will likely keep on trucking though but as the cartoon indeed illustrates thumping great mortgages and loans will still be there to default on or service as the payout declines.

    All those degraded waterways and running down of timber and sheep, was it worth it?

  2. vto 2

    so we get both toxic rivers and no money?

    so we don’t get either laptops and iphones or rivers to fish and swim in?

    talk about a lose-lose …

    who dreamed this shit up?

  3. minarch 3

    how long do you reckon before the govt decide they need to subsidise those “poor” farmers ?

  4. ianmac 4

    Will this impact on the Government’s claim for balancing the books, or will they leave that for the Labour lead Government later this year?

    • Draco T Bastard 4.1

      I suspect that the incoming government will have a nasty surprise in the PREFU. If it’s a National led government they’ll try to hide the figures as they’ve been doing for the last 6 years and when the figures do come to light they’ll blame Labour. If it’s a Labour led government then their plans will go out the window unless they raise taxes further which will then have National attacking them with the MSM conveniently forgetting that it was National that led us into the crapper.

  5. Tracey 5

    Isn’t the smoke and mirrors with the surplus a part of this argument too? Particularly the unmasking of the rockstar economy as an elvis impersonator?

    Not illegal but bloody misleading

    http://www.stuff.co.nz/national/politics/10311390/Accountant-claims-surplus-result-of-clever-accounting

    • minarch 5.1

      shady accounting is pretty standard for these people and their tax-dodging supporters isnt it ?

      • Tracey 5.1.1

        Yes it is. And the funny thing is that although many people who use shoddy accounting for their own purposes are ok with it, they can feel differently if a Govt is using it to claim something not genuine. I think (maybe it is just hope) that a few fence sitting undecideds would look at black and white stuff like this and say to themselves “lying about a surplus?|We are not doing as well as they say? But i was going to vote for them cos they are doing well with the economy.”

        It’s aline I would like to see in debates, in MSM repeated oft by opposition parties. “the government is using shady accouonting to make it seem like the economy is doing well. There is NO suprplus. We are very much in debt .

  6. infused 6

    So it’s dropping back to normal levels now and you are complaining? Typical.

    It was pointed out 3yrs ago this was coming. If farmers took on more debt, then that’s their problem.

    Just like all other markets, this one was in need of a correction.

    • Ennui 6.1

      Cant complain that you are incorrect, it has been as they say a “boom”. I would go further and agree with you that it was also a predictable “bubble” from an investment viewpoint. Those in early enough to reap the rewards of high prices and to repay debt will be reasonably happy, the later money was always going to be marginal and highly risky.

      It will be interesting to watch the farms for sale notices and the company bankruptcies over the next year, I suspect a lot of them will correlate closely with conversions of land that is marginal for dairy.

    • Tracey 6.2

      unfortunately it is the biggest contributor to the imaginary rockstar economy. It’s all this govt has, apart from the results of an earthquake down south

    • disturbed 6.3

      Infused

      Where’s the new rock star economy then?
      three years ago they weren’t saying we have a rock star economy remember?

      They were warning us all to expect cuts to everything from home insulation to roading projects and rail closures to name a few!!

      So can you assure us that due to your predicted “correction” are your National mates going to honestly warn us tight times are coming again, and cuts in road projects like holiday highways and other services will be cut to citizens before the election?

      • infused 6.3.1

        Google is there. Use it.

      • dave 6.3.2

        a lot of us on here for some time have been saying 1984 all over again .
        except in 1984 we had assets and it was government debt that was the problem this time its the whole society

  7. Bob 7

    LPrent, the dairy price is still close to historical highs (as shown by your own graph) and still above the average price for the past 5 years!
    Also “Fonterra’s milk collection across New Zealand last season reached 1584 million kg MS, an 8.3 per cent lift on the previous season” Fonterra’s chairman John Wilson said http://www.stuff.co.nz/business/farming/dairy/10325510/Farm-income-drop-will-also-hit-community that means instead of earning the forecast $10.24Bn based on last years milk production, they will instead turn over $9.50Bn during a year where there has been a huge increase in supply globally http://www.nbr.co.nz/article/fonterra-slashes-2015-milk-payout-forecast-6kgms-kiwi-dollar-falls-bd-159971.
    What are the laws around supply and demand again?

    • Bob 7.1

      Here is a 10 year graph of global dairy prices for those wanting to look at a more acurate picture than the 11 month graph provided http://www.globaldairytrade.info/en/product-results/

      • Tiger Mountain 7.1.1

        drumroll…
        some of us say dairying now at around 7 million cows passed sustainable levels way back whatever global markets might be up to

        • Draco T Bastard 7.1.1.1

          +1

          Our economy needs to be sustainable for it to be economic and it isn’t – especially the dairy herd.

    • Draco T Bastard 7.2

      What are the laws around supply and demand again?

      There aren’t any.

      • Bob 7.2.1

        Great link, thanks Draco.
        The point remains, even if the laws are broken the link between supply and demand remains (just not at a linear correlation as the law states). Supply is up globally at the moment so the price has fallen, not the end of the world (or the dairy industry), just a temporary blip which has been happening every 3 years or so for the past decade.

  8. rich the other 8

    This was always going to happen , the Chinese seem to be applying the same tactics to dairying as they have to mining , build up dependency and the pull the rug out .

    In Ausse it’s coal and iron ore , internationally coal consumption is going through the roof because of the price .

    Debt levels may be high in farming but one dairy farm on average is worth about 10 houses in Auckland , who’s got the biggest problem ??
    At least farming is here to stay , once IT is developed (with the help of the NZ tax payer ) and proves it’s worth it moves off shore , Lanzatec being the latest example .

    Don’t be misled , $6 is still very good money for many , that’s some where around $2200 from each cow .

    • Richard@Down South 8.1

      Actually I’d say they were just acting as a customer… buying what they need for however long they need to, until they can do it themselves…

  9. Ennui 9

    New Zealand needs a different economic approach for a long term sustainable future that doesn’t rely on strip mining soil and water or other resources. National…. putting far too much emphasis on resource extraction and the systematic degradation of our ability to earn our own way in the world. Time to get rid of National’s lack of imagination and long-term planning from the direction of our economy.

    Well said, I have long been of the opinion that these islands soils if managed properly would provide us the basis of a wealthy primary economy. For example we could easily be growing and cropping high value native timber on land we have given over to cows and radiata. The problem was that we have no commitment past tomorrow, we want the fast return.

    The second part of the economic issue we have with resource extraction is that we have never concentrated upon adding value to the extracted substances…just look at the logs going offshore. And that issue compounds because there are so few support industries to leverage the value added industries. Without the support industries we are highly unlikely to be able to develop export industries that are “independent” of our primary industries, no man (or industry) is an island.

    • Draco T Bastard 9.1

      The problem was that we have no commitment past tomorrow, we want the fast return.

      It’s the fast return that’s the problem. 20 years or less for Radiata Pine, 400+ for natives. The former is unsustainable while the latter is.

      And that issue compounds because there are so few support industries to leverage the value added industries.

      And building up those support industries is why we had protections in place.

      • disturbed 9.1.1

        Boom & bust economy we have and will continue to have.

        Not a promised National party “sustained economy”.

        It was all bull—– Time to walk the plank National.

  10. Ad 10

    +1000 Lyn well said, especially that last paragraph.

    • Saarbo 10.1

      +1

      Meanwhile the bank economists carry on about the growing demand for protein in Asia. What happened to it?

      • disturbed 10.1.1

        Saabo,

        You are a bright individual asking all the right questions.

        What happened to the boom?

        “growing demand for protein in Asia. What happened to it?
        Answer,

        They bought up big time as they began building up their own dairy industry as well, as other continents are also doing…..

        EU & Americas particularly as I have a son in Germany and many farms are springing up there too.
        Our golden dairy age is over like the kiwifruit industry so as soon as we have some world leadership the rest catch on and follow and this drowns the world in cheap dairy and other stuff we used to have the edge on ——

        National– Where again is the rock star economy?

        Will you warn us before the election that its all over now so we can vote accordingly?

        Why are you John Key living in Hawaii so much lately? this may be the sign the dam is about to break.

  11. bad12 11

    Yep, at $6 a kilo for milk solids 20% of the dairy farms,(those with large debt loadings), will according to the Farmers Fed will declare a loss for the financial year,

    The ramifications for the industry if this becomes the norm, i would have picked 5 years out from now for this to be occurring, are dire as Boom for many will simply turn to Bust,

    Should a multi-year payout to the dairy farmers occur at minus $6 then the obvious is that 20% will become effectively insolvent, the receivers will have a field day,

    Its easy to see why two of the major Chinese bankers have recently moved to set up here in New Zealand, after all it is their monies which are at risk here and i am sure that they will personally want to manage the risk as the less than viable units in this new reality are ‘rationalized’,(into what is where the question is begged),

    For the Governments books the persistent RED ink dribbling from beneath the door of Finance Minister English’s office will turn into a flood, the previously announced ‘surplus’, a sleight of hand best described as a ruse dreamed up by a card trickster, take a bow Slippery the Prime Minister, where a surplus is declared alongside the whispered declaration that Government borrowing will ‘peak’ in years following this supposed surplus, will now only be possible if gained via the use of monies sneakily transferred from the sale of the States Assets to the Governments operating accounts,

    You could say that the ‘rockstar economy’ is now about to go through a period of addiction treatment as the supply of its favorite drug is curtailed, if the price of dairy continues to fall, this is going to get very painful with a capital P…

    • Richard@Down South 11.1

      If you have a few 100 million spare, buying farms from farmers who are trying to reduce debt would be a good investment, so perhaps they are just waiting for a bargain

  12. aerobubble 12

    Farm debt will become a growing problem as returns from dairy fall. Couple this with the obvious problem that ChCh rebuild was partly funded by the EQC which now is wipe out. We saved for an Earthquake and it happened, we now need to start saving again!!! Not a pretty picture. Milk going the way of coal.

Links to post

Recent Comments

Recent Posts

  • Positive plan secures victory
    The victory of Labour’s newest MP, Michael Wood, in Mt Roskill is the result of a well-organised campaign run with honesty and integrity, says Labour Leader Andrew Little. “I congratulate Michael Wood on his great victory. He will be a ...
    21 hours ago
  • Wave of support for Kiwibuild continues to grow
    Apartment builder Ockham Residential has become the latest voice to call for the government to build affordable homes for Kiwi families to buy, says Labour’s housing spokesperson Phil Twyford. “Helen O'Sullivan of Ockham has now joined prominent businesspeople like EMA ...
    2 days ago
  • Cuba Si Yankee No – Fidel Castro and the Revolution
    The death of Fidel Castro is a huge historical moment for the older generation who grew up with the toppling of Batista, the Bay of Pigs debacle, the death of Che Guevara and the US blockade against Cuba. For younger ...
    GreensBy Catherine Delahunty
    2 days ago
  • Government slashes observer coverage, fails snapper fishery
    The Ministry for Primary Industries (MPI) has more than halved the number of fisheries observers in the East Coast North Island snapper trawl fishery (SNA1). This reduction in observer days, combined with major failures in an unproven and controversial video ...
    GreensBy Eugenie Sage
    2 days ago
  • ‘Exemplar’ Māori Land Court under siege
    TheMāori Land Court, hailed as an “exemplar” by the Ministry of Justice chief executive and Secretary, Andrew Bridgman is under siege by the Government through Māori land reforms and a Ministry restructure, says Labour’s Ikaroa-Rāwhiti MP Meka Whaitiri. ...
    2 days ago
  • He Poroporoaki ki a Te Awanuiārangi Black
    Kua hinga he whatukura o Tauranga Moana. Kua hinga rangatira o te iwi Māori. Ka tangi tonu ana te ngākau nā tāna wehe kei tua o te ārai. E rere haere ana ngā mihi aroha o mātou o Te Rōpū ...
    GreensBy Marama Davidson
    2 days ago
  • CYF reforms ignoring whānau based solution
    When approximately 60 per cent of children in state care are Māori processes need to change in favour of whānau, hapū and iwi solutions, said Labour’s Whānau Ora spokesperson Nanaia Mahuta.  “Widespread concern about Government reforms of Child Youth and ...
    3 days ago
  • Hip and knees surgery takes a tumble
    The statistics for hip and knee electives under this Government make depressing reading, says Labour’s Health spokesperson Annette King.  “Under the last Labour Government we achieved a 91 per cent growth in hip and knee elective surgery. Sadly under this ...
    3 days ago
  • Parata’s spin can’t hide cuts to early childhood education
    No amount of spin from Hekia Parata can hide the fact that per-child funding for early childhood education has been steadily decreasing under the National government, Labour’s Education spokesperson Chris Hipkins says. “In the 2009/10 year early childhood services received ...
    3 days ago
  • Nats will jump at chance to vote for KiwiBuild Bill
    National will welcome the chance to vote for a real solution to the housing crisis after their many, many failed attempts, says Labour MP for Te Tai Tokerau Kelvin Davis. Kelvin Davis’s Housing Corporation (Affordable Housing Development) Amendment Bill was ...
    3 days ago
  • Million dollar houses put homeownership out of reach of middle New Zealand
    35% of New Zealanders now live in places where the average house costs over a million dollars, and it’s killing the Kiwi dream of owning your own place, says Labour’s housing spokesperson Phil Twyford. Latest QV stats show that Queenstown ...
    3 days ago
  • Opportunity for political parties to back Kiwi-made and Kiwi jobs
    The First Reading in Parliament today of his Our Work, Our Future Bill is a chance for political parties to ensure the government buys Kiwi-made more often and backs Kiwi jobs, says Leader of the Opposition Andrew Little. The reading ...
    3 days ago
  • Solid Energy must open the drift
    Solid Energy is showing no moral spine and should not have any legal right to block re-entry into the Pike River drift, says Damien O’Connor MP for West Coast-Tasman.  “Todays failed meeting with  representatives from the state owned company is ...
    4 days ago
  • 20,000 at risk students “missing”
    A briefing to the Minister of Education reveals 20,000 at-risk students can’t be found, undermining claims by Hekia Parata that a new funding model would ensure additional funding reached students identified as at-risk, says Labour’s Education spokesperson Chris Hipkins. ...
    4 days ago
  • Crime continues to rise
    Overall crime is up five per cent and the Government just doesn’t seem to care, says Labour’s Police Spokesperson Stuart Nash. ...
    4 days ago
  • Treasury fritters $10 million on failed state house sell off
    The Treasury has wasted $10 million in two years on the National Government's flawed state house sell off programme, including nearly $5.5 million on consultants, says Labour Finance spokesperson Grant Robertson. "New Zealand needs more state housing than ever, with ...
    4 days ago
  • National slow to learn new trade lessons post TPPA
    Yesterday, the Minister for Trade misused economic data in order to try to make the case for more so-called ‘trade agreements’ like the TPPA which are actually deregulatory straitjackets in disguise. In welcoming a Ministry of Foreign Affairs and Trade ...
    GreensBy Barry Coates
    4 days ago
  • Skilled migrant wages plummeting under National
    Wages have plummeted for people with skilled migrant visas working in low-skilled occupations, driving down wages for workers in a number of industries, says Labour’s Immigration Spokesperson Iain Lees-Galloway. “Documents acquired by Labour under the Official Information Act reveal that ...
    4 days ago
  • Child abuse apology needed
    The Government's failure to act on recommendations from Judge Henwood, based on years of work by the Confidential Listening and Assistance Service (CLAS) will further undermine any faith victims may have put into the process, says Labour’s Children’s Spokesperson Jacinda ...
    4 days ago
  • Reserve Bank again highlights National’s housing failure
    National’s failure to deal with the housing crisis in New Zealand is once again being exposed by the Reserve Bank today, in a scathing assessment of the Government’s response, says Labour Finance spokesperson Grant Robertson “Governor Wheeler is clearly worried ...
    4 days ago
  • Palm Oil Labelling: Possible Progress?
    On Friday, the Minister for Food Safety, along with her Australian colleagues finally looked at the issue of mandatory labelling of palm oil. We’ve been calling for mandatory labelling for years and we were hoping that the Ministers would agree ...
    GreensBy Mojo Mathers
    4 days ago
  • National: Fails to achieve
    The ineffectiveness of the National Government’s approach to schooling has been highlighted by the latest Trends in International Maths and Science Study (TIMSS) report released overnight, Labour’s Education spokesperson Chris Hipkins says. ...
    4 days ago
  • Faster into Homes – a new pathway for first home buyers
    This week Parliament will select another members’ bill from the cookie tin (I kid you not, it really is a cookie tin) and I’ve just launched a new bill I’m hoping will get pulled – to help people get into ...
    GreensBy Gareth Hughes
    4 days ago
  • Selling off our state housing stock isn’t working for NZers
    I want to end homelessness and ensure that everyone has a warm, safe, dry home. This National Government has let down New Zealanders, especially the thousands of New Zealanders who are struggling with something so basic and important as housing. ...
    GreensBy Marama Davidson
    4 days ago
  • Government needs to ensure fair deal on EQC assessments
    Kiwis affected by earthquakes might not get a fair deal if the Government pushes ahead with secret plans to let private insurers take over the assessment of claims, says Labour’s Canterbury spokesperson Megan Woods. “Under questioning from Labour the Government ...
    5 days ago
  • Key’s priorities the real ‘load of nonsense’
    The Prime Minister’s fixation with tax cuts, despite a failure to pay down any debt and growing pressure on public services is the real ‘load of nonsense’, says Labour Finance spokesperson Grant Robertson.  “We’re getting mixed messages from National. John ...
    5 days ago
  • Free Speech and Hate Speech
    Last week we were very concerned to hear that an Auckland imam, Dr Anwar Sahib, had been preaching divisive and derogatory messages about Jewish people and women during his sermons. It was a disturbing incident coming at the end of ...
    GreensBy James Shaw
    5 days ago
  • Young Kiwis struggling under record mortgage debt
    The Government needs to step in and start building affordable homes for first homebuyers now more than ever, says Leader of the Opposition Andrew Little. ...
    5 days ago
  • Tairāwhiti says No Stat Oil!
    Tairāwhiti says yes to a clean environment for our mokopuna today and for generations to come. Tairāwhiti are have a responsibility to uphold their mana motuhake over their land and their peoples and are calling on the Government to honour ...
    GreensBy Marama Davidson
    6 days ago
  • Swimmable Rivers tour – Ōkahukura/Lucas Creek
    When Environment Minister Nick Smith said in Parliament that some waterways – like Auckland’s Lucas Creek – are not worth saving because no-one wants to swim in them, he forgot to ask the locals we met last week who have put ...
    GreensBy Catherine Delahunty
    6 days ago
  • Wellington business relief package needs flexibility
    The Government’s Wellington business support package is welcome news but needs to be implemented so that all affected businesses get the help they need, says Labour MP for Wellington Central Grant Robertson. “Wellington businesses will be pleased that the Government ...
    6 days ago
  • EQC’s staff cuts show disregard for quake victims
    The Earthquake Commission’s stubborn insistence on slashing its workforce and its operational funding by nearly half shows callous disregard for victims of the Kaikoura earthquake and the thousands of Cantabrians still waiting to resolve claims, says Labour’s Canterbury spokesperson Megan ...
    6 days ago
  • Maori Land Court job losses must be delayed
    Māori Development Minister Te Ururoa Flavell must request that pending job losses at the Māori Land Court are put on hold until the Māori land reform process is resolved and the risk of losing centuries of collective institutional knowledge is ...
    6 days ago
  • Financial support needed for urgent earthquake strengthening
    The Government must provide urgent support to residents for important earthquake strengthening work so that it happens quickly, says Grant Robertson, Wellington Central MP.  "I support the call from Wellington Mayor Justin Lester to bring forward work to strengthen the ...
    1 week ago
  • Labour welcomes equal pay
    Labour has long appreciated the value of women’s work and welcomes the Government’s decision to address pay equity for women, say’s Labour’s associate Workplace Relations and Safety spokesperson Sue Moroney. ...
    1 week ago
  • Surgeons’ letter a damning indictment
    A letter from Waikato Hospital’s orthopaedic surgeons claiming that hospital managers are stopping them from making follow-up checks on patients is a damning indictment of the health system, says Labour’s Health spokesperson Annette King.  “It’s terrifying that one woman’s elective ...
    1 week ago
  • Out of touch Nats continue state house sell-off
    The Government should be focused on building houses for families to buy and more state houses for families in need, not flogging them off, says Leader of the Opposition Andrew Little. “National’s state house sell-off does nothing to help people ...
    1 week ago
  • Joyce drags feet while Capital businesses suffer
     Wellington businesses affected by the earthquake are continuing to struggle while the Government drags its feet on getting a business assistance package up and running, says Grant Robertson, Wellington Central MP.  “Steven Joyce needs to front up with an assistance ...
    1 week ago
  • Health and Safety Act fails to reduce work fatalities
    After the Pike River tragedy, New Zealanders realised that workplace health and safety culture needed to change. Last Saturday marked the 6th anniversary of the tragedy that killed 29 miners at the Pike River mine on the West Coast of ...
    GreensBy Denise Roche
    2 weeks ago
  • What is the point of education?
    The proposed Education (Update) Bill is the Government’s statement about what the point of education is, and what it means to people. This week we had a day of Select Committee hearings in Auckland on the Bill. It’s a huge ...
    GreensBy Catherine Delahunty
    2 weeks ago
  • Earthquake exposes training shortfall
    Kaikoura’s earthquakes have exposed the Government’s under investment in critical building and construction skills training, says Labour’s Building and Construction spokesperson Phil Twyford. “The Government needs to urgently ramp up the training of Kiwis in construction and engineering in the ...
    2 weeks ago
  • More cops needed to get P off our streets
    National’s cuts to Police funding and drug enforcement officers has seen a surge in cheap P on our streets, says Labour’s Police spokesperson Stuart Nash. ...
    2 weeks ago
  • Who’s calling the shots? Bye bye surplus
    I would love to know who is calling the shots in the National government’s cabinet when it comes to deciding how best to spend taxpayers’ money.  On the evidence of the last few weeks, it definitely isn’t Finance Minister Bill ...
    GreensBy David Clendon
    2 weeks ago
  • Urgent rethink needed on workplace safety
      An urgent rethink is needed on the Government’s new workplace safety laws with the number of deaths this year already at the same level as at the same time in the 2015 calendar year, says Labour’s Associate Workplace Safety ...
    2 weeks ago
  • Rubble and rubbish: spending time in post-quake Kaikōura
    I visited Kaikoura over the weekend – basically to see how the community was coping with all the rubbish and rubble created by last week’s 7.8 magnitude earthquake, and to see my brother Rob. I may have mentioned before that ...
    GreensBy Denise Roche
    2 weeks ago
  • Time to pull the plug on state house sell-off
    The collapse of the planned sell-off of state houses in Horowhenua is an opportunity for the Government to call time on its troubled state house sell off policy, says Labour’s housing spokesperson Phil Twyford. ...
    2 weeks ago
  • Treasury sounds warning bell – but National’s not listening
    Today's long term fiscal outlook issued by The Treasury is a welcome wake-up call on the need to dramatically improve and diversify our economy and properly plan for the future, Grant Robertson, Labour’s Finance Spokesperson says. “Through our Future of Work ...
    2 weeks ago
  • Don’t believe the hype – debt has skyrocketed under National
    The reckless dangling of tax cuts by the National Government is all the more irresponsible when it is put alongside the failure to pay down debt or put money aside for future superannuation costs, says Labour’s Finance Spokesperson Grant Robertson. ...
    2 weeks ago
  • Our kids deserve better
    We don’t know how many children are affected by having learning support needs. I do know that far too many children are not getting the support they deserve for conditions like autism, dyslexia, and dyspraxia. When these conditions are not ...
    GreensBy Catherine Delahunty
    2 weeks ago
  • Talk of tax cuts is plain crazy
      John Key’s talk of tax cuts when the Government has $63 billion of debt, superannuation costs are rising by $1 billion a year and the cost of meeting another natural disaster, is just plain crazy, says Labour Leader Andrew ...
    2 weeks ago