Greens Budget Alternative

Written By: - Date published: 1:11 pm, May 21st, 2012 - 68 comments
Categories: budget2012, Economy, exports, greens, infrastructure, Privatisation, russel norman - Tags:

The Greens launched their Budget alternative this morning. Titled “Smart Green Economics” it lived up to the billing, as did its Economic Policy launch before the Budget. Extra heft was provided by BERL economist Dr Ganesh Nana with a commissioned paper arguing that the Government’s asset sales programme leaves the government accounts permanently worse off, and may also worsen the country’s deficit, our “largest single vulnerability”. The BERL paper is here.

Russel Norman  argued our current account deficit is in decline, our net international investment position is declining and that manufacturing, 20% of our export economy, is being decimated. He also said  that the 2010 tax switch was not fiscally neutral as the Government promised, but has left us $2.2billion worse off. Spending $14 billion on roads when the real oil price is likely to double over the coming decade is also a poor quality spend.

Russel Norman didn’t just critique, but also pointed to the opportunities in smart green economics. Openings in the geothermal sector mean it would be tragic to sell off Mighty River Power. Other opportunities combining  economic rebalancing, fiscal resilience and the smart green economy include capital gains tax, reprioritised transport spending, putting a commercial price on water, extending the home insulation scheme and boosting research and development. More included setting higher standards for fresh water, higher mining royalties and royalties reserve fund, putting a real price on carbon, having a public option of Kiwisaver, supercharging our energy SOEs, and investing in our children.

Plenty of positive stuff to think about there.

Ganesh Nana explained the difference between Government debt and deficit, and external debt and deficit. The first may or may not be bad, the second is ll bad. He said lack of clarity in much media comment around the difference between these led to confusion, with which I heartily agree. The asset sales programme as stated does not address the Government’s debt, simply replaces one asset with another. He argued that with $100 billion sitting in term deposits in the banks there was plenty of opportunity for Government to borrow from New Zealanders at realistic rates without affecting our external deficit. Again, plenty to think about.

It was good to hear about opportunities and alternatives. We’ve heard enough of TINA.

68 comments on “Greens Budget Alternative ”

  1. Carol 1

    The Greens launched their Budget alternative this morning. Titled “Smart Green Economics” it lived up to the billing, as did its Economic Policy launch before the Budget. Extra heft was provided by BERL economist Dr Ganesh Nana with a commissioned paper arguing that the Government’s asset sales programme leaves the government accounts permanently worse off, and may also worsen the country’s deficit, our “largest single vulnerability”. The BERL paper is here.

    Laila Harre earning her salary then?

    http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10795565

    Former Cabinet Minister Laila Harre has taken up a senior policy position with the Green Party.

    The Greens announced Ms Harre’s appointment today, saying she would take up a newly-created advisory role of issues director for the party.

  2. Gosman 2

    Goodo. I’d expect Interest rates to rise significantly under any Green run economy then.

    • Dv 2.1

      Good to see careful reasoned analysis gosman.

      • Gosman 2.1.1

        Please explain how the following statement doesn’t mean higher interest rates?

        “He argued that with $100 billion sitting in term deposits in the banks there was plenty of opportunity for Government to borrow from New Zealanders at realistic rates…”

        • Deano 2.1.1.1

          well, isn’t National saying that there’s plenty of money in term deposits for people to buy shares in the assets with? Wouldn’t that push up interest rates too, in your analysis?

          • Gosman 2.1.1.1.1

            I presume people will choose voluntarily to invest in the shares in the part privatised SOE’s because they are attracted by the returns they believe they are likely to be receiving. What will attract them from removing their savings from Term Deposits in Commercial banks and investing in Government Bonds?

            • Ant 2.1.1.1.1.1

              The fact that a nation state is generally more stable than a bank, also rational irrationality like patriotism.

              • Gosman

                The patriotism argument would apply equally to Kiwibank.

                Given that the Commercial banks have essentially an unwriiten guarrantee of protection for their deposits as a result of recent actions out of the GFC your security argument holds less sway.

                However technically there isn’t an awful lot stopping NZ people from investing in Government bonds now. They could pool their money and put it into an investment company that just buys NZ Government Bonds for example. The fact they don’t do so suggests they possibly would like the higher returns offered by the Commercial banks.

                To get more money from the people with 100 Billion in Term investments in NZ the Government will have to offer something more than just a combination of patriotism and security.

                On top of this fact is that removing a proportion of the 100 Billion will increase the cost of capital for the commercial banks who will then have to raise interest rates to raise the short fall.

                • Matt

                  The government could make interest on government bonds/notes tax exempt to attract more, ahem, interest.

                  • Gosman

                    So how will the Commercial banks make their term deposits more attractive to fill the gap caused by people leaving them to invest in Government Bonds?

                    • Ant

                      How do they compete with each other for deposits at the moment?

                      Commercial banks already exist in a climate of competition, what makes you think that a single new entrant into the market will cause such evil and horrible consequences?

                    • Matt

                      Gee I don’t know, how did they manage everywhere else tax exemptions on government bonds have been used as incentives. 

                    • Gosman

                      You really don’t get it do you? There is no such thing as a free lunch in economics. If the Greens wish to tap into the 100 billion dollars of Term Deposits to help fund their spending plans that will mean higher interest rates pure and simple. They either have to offer better returns for Government debt to tempt investors or even if they do it by reducing tax on returns they will reduce the overall capital available to banks who will have to raise interest rates on their deposit book to satisfy their needs. I am truly astounded by some leftists lack of basic understanding of finance and economics sometimes. The only way they could increase borrowing without this is via printing of money. For some reason they aren’t suggesting that.

                    • Matt

                      To satisfy their needs? Whose needs, the banks?

                      The phrase “fuck them” doesn’t begin to cover it.

                    • Gosman

                      As stated, you really don’t understand economics. At least you acknowledge that the policy will lead to higher interest rates.

                    • Matt

                      You may not be good for much (Soylent Green?) but you do have an elaborate fantasy life.

                • PaulB

                  Commercial banks do not have any sort of guarantee from the government. Get with the programme.

                  • Gosman

                    Given what happened in 2008 they have an implied guarrantee. That is the trouble when you provide it once. It becomes difficult to deny it when banks get in to trouble at a latter date.

                • Fortran

                  Only Kiwi Bank has a guarantee – the New Zealand taxpayer – which is why it has the highest security rating in the country, by Standard & Poors.
                  The overseas banks do not have that only Reserve Bank oversight.

    • Bored 2.2

      WTF have you been? Whole week somewhere else…..did you get somewhat world weary? Or was it that you had to do some “work”?

    • Lanthanide 2.3

      “Goodo. I’d expect Interest rates to rise significantly under any Green run economy then.”

      As well they should. National keep trumpeting how good it is that interest rates are low now and that they did it.

      Of course interest rates are low: the outlook for the economy isn’t great.

      High interest rates show a strong economy, low interest rates show a weak one. Of course the average idiot (and journalist) doesn’t realise this so buy into Nat’s spin 100%.

      Also nevermind that the reserve bank is independent of the government, and if the government actually had a credible economic plan I’m sure Alan Bollard would be itching to raise the rate. As it is, it’s expected it will be cut this year.

      • Gosman 2.3.1

        Not true at all. Many economies have had low interest rates on Government Bonds even when the economy was going great guns.

      • Bob 2.3.2

        In that case Lanthanide, you must have agreed whole-heartedly with Rogernomics? Intrest rates were through the roof in the late 80’s!

  3. Carol 3

    Nice slides & graphs from Norman. But I need more detail on the policies.

    What’s involved in the allegedly lucrative returns for “Green growth” and a “smart green economy”?

    How to improve the quality of water, invest in children, “supercharging our SOEs” etc?

    What is mean by a “Public option for Kiwisaver”?

  4. Peter 4

    Very nice to see it from the Greens. But again, Labour’s strategy is wanting, the major opposition party is missing in action over this Budget, at least thus far, and allowing the Greens to get all the air time. Maybe there is deep strategy in this that I miss, but I’m a bit more politically attuned than most, and if I can’t see it, the general public sure as hell can’t.

    • Ant 4.1

      Yeah Labour seems AWOL on this one…. The beauty of front-footing like the Greens have done is that it comes across as vision and not sour grapes.

  5. Liberal Realist 5

    Great to see some an alternative budget from the Greens.

    Doesn’t Russell Norman come across as a Prime Minister in waiting more and more as time goes on?

    No doubt CFM (“Corporate Fawning Media”) will not air this at all or it will be buried in the 6th page of the Herald…

    The BERL report should be the final nail in the coffin for asset sales but it won’t be. What I don’t understand is that poli pimp “The Hair” could shaft Nationals plans and be hailed as a hero for doing it. I would have thought “The Hair” would care about his political legacy? I guess not as he’ll be remembered as the Nact whoring pimp who’s vote allowed NZ’s strategic assets to be sold off…

    • Draco T Bastard 5.1

      I would have thought “The Hair” would care about his political legacy?

      I suspect at this time that he’s only concerned about the baubles of office and shafting NZ will give him those. Actually standing on principal and voting where the evidence tells him would be against giving him that sense of power.

  6. Draco T Bastard 6

    He argued that with $100 billion sitting in term deposits in the banks there was plenty of opportunity for Government to borrow from New Zealanders at realistic rates without affecting our external deficit.

    Governments should never borrow but print money at 0% interest. Yes, this means that the capitalists won’t have a government guaranteed income and will have to actually take some of those risks that they keep harping on about. I don’t have a problem with that.

  7. AAMC 7

    While the private sector is Deleveraging the Public sector needs to be borrowing and underpinning demand, this would seem perfect territory for the Greens as this Govt spending could be directed towards Green infrastructural development, creating jobs whilst improving the environment and boosting the economy and demand, leading to a natural reduction of debt due to an increased tax take and economic activity. Our central bank should print the money with which to achieve it.

    Yeah yeah Gosman, inflation inflation, seen any outta Japan in the last decade of stagnation and printing??

    Real problem though, the Greens won’t front foot this, the are caught up in the neo-classical narrative around debt in order to appear economically reasonable within the Orthodox framework that brought us the GFC and the GFC2 now rolling out.

    For a look at some stats on what happens to the private sector when the Public sector is in Surplus..

    http://www.slideshare.net/MitchGreen/mmt-basics-you-cannot-consider-the-deficit-in-isolation

    • Gosman 7.1

      I also haven’t seen much in the way of growth out of Japan over the past two decades despite massive investment in infrastructure projects by Government. However your linking to Japan isn’t a good fit anyway as the problem with Japan post the 1990’s has been deflation. I would agree that expansionary monetary policy would have less of a negative inflationary impact in such an environment. A more apt analogy to use is probably the UK at the moment where they have engaged in quantitative easing and also have higher inflation.

      • AAMC 7.1.1

        QE as euphemism for giving money to irresponsible banks.

        Self inflicted Austerity – like their parrots here in Nats – is what’s grinding the UK to a hault. Their QE hasn’t been invested by Govt into the economy, it’s been used to attempt to add some solvency to banks running enormous risk on re-hypothecated bubble money.

        How did you like what happened to the Private sector during Clinton’s surplus in those slides? I gather you likely didn’t look.

  8. Jackal 8

    My only real concern for the next election is that Labour will romp in and not really need to form a coalition with the Greens. But you know, we’ve had nine years of Labour where New Zealander’s standard of living declined, and now we’ve had National inflict even more damage on the country in less than half that time… so there really isn’t anything to lose in trying what the Greens are proposing. It couldn’t possibly be worse.

    • Colonial Viper 8.1

      Bear in mind that western living standards are unsustainable without increasing availability of materials and energy, so those living standards are going to decline regardless of the party in power.

      The question is, whether or not it is organised to happen in a way which is socially sustainable and socially responsible.

      The NATs aren’t interested in any such thing, the many can starve while the few eat cake as far as they are concerned.

      And both the Greens and Labour think that “growth” will be back again tomorrow. Neither have the guts to tell the electorate the truth.

      • Lanthanide 8.1.1

        Was just about to make pretty much the same comment.

      • Jackal 8.1.2

        Agreed. I don’t mean to sound like a doomsayer, but even with an egalitarian system in place, our lifestyles are going to have to change and will in all likelihood get more difficult. It’s all about degrees of difficulty really.

        • Draco T Bastard 8.1.2.1

          …and will in all likelihood get more difficult.

          It wouldn’t be a difficult lifestyle just one that has a lot less waste than the one we have now. What we’d be looking at is extending the life cycles of the products available, i.e, computers can only be upgraded every 5 years. Recycling would have to become the norm – if the product can’t be recycled then it’s not on the market. High density housing in walkable communities with buses and trains becoming necessary for longer distances.

          • Carol 8.1.2.1.1

            +1

          • Jackal 8.1.2.1.2

            You’re essentially talking about planned obsolescence DTB, which is designed into most items these days. Basically they’re designed to fail at a certain age, usually after the warranty runs out. With some things it’s a technical obsolescence, whereby new developments supersede the old. Computer and program manufacturers are some of the worst, often releasing developments slowly to maximise their profit margin.

            The problem here is that extending the life cycle of products comes at a cost to the manufacturer, so unless governments develop policy that ensures items are not designed to fail, the profit motive will continue to keep low quality products on our shelves. Government’s realize that they gain less tax if things are designed to last, so unless a new measurement of growth is developed, governments are caught in a catch 22.

            What I was talking about is the convenience of our modern lifestyles, whereby things like plastic packaging and cheap transportation will not be so readily available. The end of cheap oil and globalisation will cause a decline in availability of items because governments haven’t properly secured supply chains through localized production. The difficulty is in how fast people will learn to adapt, and to some extent, whether they can at all.

      • Draco T Bastard 8.1.3

        +1

        Need a party which comes out with the truth rather than the comforting lies that the parties that we have propagate to sooth the populace.

      • AAMC 8.1.4

        I think it’s important to be honest on this point, especially for those of us who vote Green. They are as wedded to the narrative of growth as the rest, I understand their desire to appear mainstream, but as long as we tinker at the fringe of orthodox economics, it’s BAU.

    • Te Reo Putake 8.2

      “My only real concern for the next election is that Labour will romp in and not really need to form a coalition with the Greens.”
       
      Yep, I’m losing sleep over that possible outcome, too. Much rather have the Greens than Winnie, but, realistically, I think Labour will need both. You are completely wrong about living standards in the Clark years, by the way. Life got measurably better after a decade and a half of the ACT in disguise Lange government and the even worse Bolger/Shipley shambles. People had jobs, for starters.

      • Jackal 8.2.1

        While your essentially correct, and many indicators did improve, some did not. Gains in health look to be mainly a result of reducing smoking rates, particularly for females. The bad news is that Kiwi’s got more obese, drank more and became less physically active during the Clark years.

        However the amount of children living below the income poverty threshold halved and suicides also declined, which are often good indicators of how society (and the government) is performing. Government debt reduced and median household incomes increased under the last Labour government.

        Males lagged behind in most statistics and there were marginal lifestyle gains for females… so it’s a pass, but only just.

        Then John Key waved his shitty magic stick, and median household incomes are now in decline, Government debt has increased markedly and inequality and suicide rates are increasing. Home ownership levels are falling as well… so National gets a big fat F for fail.

        Time to give some Green policies a go methinks.

  9. I think all I can say is fucking idiot greens, they haven’t a bloody clue, they are part of the problem, and like every politician they are lying to ya.

    • Jackal 9.1

      About what?

      • AAMC 9.1.1

        About endless growth and the virtue of Govt surplus.

        • Jackal 9.1.1.1

          The old purest versus practical debate eh. Unfortunately the Greens have to work within the current system, whereby their policies will be judged to be competent if they break even or post a surplus… it’s not as simple as just dismissing capitalism. It’s pretty early days to see if there is any financial benefit to their home insulation scheme, but I expect there will be.

          The difference is where money is allocated and a clean green future in fact offers the best of both worlds. Firstly it reduces reliance on fossil fuels, which is important for our continued survivability. Secondly it means the economy will continue to function when the shit really hits the fan and we wont end up riding donkey’s to town.

    • weka 9.2

      No-one would vote for them if they told the truth.

  10. Peter in Papua New Guinea 10

    Smart Green Economics – the ultimate oxymoron.
    All the Greens want is tax tax tax and spend spend spend.
    Energy costs will jump 20% due to carbon taxes, lets see what happens in Aust in July. The polluter will pass on the cost and guess what, either demand falls due to lower spending power of inflation increases.

    • mike e 10.1

      so peter making the rest of us subsidize carbon is not a oxyoumoron

    • Colonial Viper 10.2

      Hey Peter, you do realise the money taken from you in taxes is being spent on us, in our communities and in our cities?

    • Draco T Bastard 10.3

      You have NFI WTF you’re talking about do you?

      Smart Green Economics – the ultimate oxymoron.

      Nope, the only rational option. Normal economics is delusional and probably psychopathic.

      All the Greens want is tax tax tax and spend spend spend.

      Nope, go read their policies.

      Energy costs will jump 20% due to carbon taxes, lets see what happens in Aust in July.

      An increase in costs isn’t an increase in inflation but an increase in costs. Sure, demand will fall but that’s normal economics. The whole point of the “free-market” is that it will adjust to the new normal.

      Of course, we don’t actually have a free-market as it’s owned, lock, stock and barrel by the 1% and a decrease in demand will see them lose a little income which is what they’re whining about and what you’re swallowing.

      • Colonial Viper 10.3.1

        Yeah Peter is locked in a stupid unworkable model of badly thought out and unrealistic neoliberal economics.

  11. Anthony 11

    I boastfully posted the other forums before. But I guess often in self righteousness. But the way I see it, as one of the ones who caused the problem.

    Don Brash was one of the few hopes for New Zealand he said at the time about 5 years ago it would be harder than the second world war to get New Zealand to a Growing sustainable country catching up with Australia. That was over 5 years ago and he was ignored along with many of Acts initial policy’s. So if was as hard as war then well.

    The Solution is:

    I really see it, first we need pleading to international help to help us recover and get international aid. We need to outsource Government departments such as entire health sector to Australia to administer. We need to have boarder-less “passport free” crossing to Australia, common currency just for start.

    We then need to remove RMA completely and privatize the Building Department and all associated acts.

    Sell the entire Tertiary Education sector.

    Reduce income tax to 10%

    Removed GST of all food, and basic living items.

    Introduce Capital gains tax

    Sell parts or New Zealand to Europe and America allowing them to create cities such as a French city in South island ran and administered by France.

    Increase school standards. (Longer Day- Real economic teaching learn anther language from early on.)

    Remove the treaty of Wiatangi form many government items.

    Put some Politicians in jail. ( And look at performance pay- Electronic Elections on the internet).

    Write a CONSTITUTION based on the American.

    Removed number of MPs make it 99 and fix MMP i.e. party percent list choice elected from public.

    Remove Government Standards: i.e allow cheap quality small electric cars on road. Allow Insurance companies to take risk analysis – not Government
    Increase tax on alcohol. Also other government arbitrary standards which may not have cost benefit logical ratio.

    Sell some roads completely.

    Remove many testing and certification schemes.

    Reduce all fines by 50%

    Sell ACC and allow privatization and suing

    Removed 50% of Government Agency’s and ministry’s.

    Stop putting money in the Rugby industry.

    Sue the transport minister for spending millionths on motorways for the Roading Lobby.

    Invest in heavy public transport and bike lanes for the big city’s.

    Gee its going to be hard for someone.

    Will put more later

    • fatty 11.1

      LOL…is this NZ committing a capitalist crucifixion?…I kinda agree with you cause we are so far up shit creek we may as well go out with some fireworks.
      When are you gonna post the rest Anthony? I wanna know how we should slaughter the babies? Is there a mass suicide pact for poor people too?

    • happynz 11.2

      Sell parts or New Zealand to Europe and America allowing them to create cities such as a French city in South island ran and administered by France.

      This is my favourite proposal. If it came to pass I’d be plumping for a Mexican city for my own selfish reasons. The Mexican food situation here is dire. ‘Decent affordable tacos for all!’ is my rallying cry.

      Seriously though (actually, I am serious about the dire Mexican food in this country), Anthony’s libertarian wish-list is more than a bit over the top.

  12. Colonial Viper 12

    Anthony must be busy rolling the dice to see which neolib policies he can put in at random with other random nonsense. No vision, no philosophy, no sense of community: Anthony is a lost row boat in a big sea.

  13. ad 13

    I thoroughly enjoyed seeing the Greens’ well orchestrated set piece, bothin the timing and in the supporting analysis from a good economist. At minimum, it drew the PM out on it.

    Great tactics and go the Green team.

    Sadly, after muzzling Cunliffe, Labour’s team remain quite on the defensive this week. Precisely the wrong week to be defensive. Giving Key a free hit on Shearer – ouch!

    Knock knock Labour – anyone home? It’s budget week.

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    It is not the school holidays yet at Kia Kaha Primary School!It can be any time when you are telling a story.Telling stories about things that happened in the past is how we learn from our mistakes.If we want to.Anyway, it is not the school holidays yet at Kia Kaha ...
    More Than A FeildingBy David Slack
    2 days ago
  • Road rage at Kia Kaha Primary School
    It is not the school holidays yet at Kia Kaha Primary School!It can be any time when you are telling a story.Telling stories about things that happened in the past is how we learn from our mistakes.If we want to.Anyway, it is not the school holidays yet at Kia Kaha ...
    More Than A FeildingBy David Slack
    2 days ago
  • Road rage at Kia Kaha Primary School
    It is not the school holidays yet at Kia Kaha Primary School!It can be any time when you are telling a story.Telling stories about things that happened in the past is how we learn from our mistakes.If we want to.Anyway, it is not the school holidays yet at Kia Kaha ...
    More than a fieldingBy David Slack
    2 days ago
  • Hipkins fires up in leaders’ debate, but has the curtain already fallen on the Labour-led coalitio...
    Labour’s  Chris Hipkins came out firing, in the  leaders’ debate  on Newshub’s evening programme, and most of  the pundits  rated  him the winner against National’s  Christopher Luxon. But will this make any difference when New  Zealanders  start casting their ballots? The problem  for  Hipkins is  that  voters are  all too ...
    Point of OrderBy tutere44
    2 days ago
  • Govt is energising housing projects with solar power – and fuelling the public’s concept of a di...
    Buzz from the Beehive  Not long after Point of Order published data which show the substantial number of New Zealanders (77%) who believe NZ is becoming more divided, government ministers were braying about a programme which distributes some money to “the public” and some to “Maori”. The ministers were dishing ...
    Point of OrderBy Bob Edlin
    2 days ago
  • MIKE GRIMSHAW: Election 2023 – a totemic & charisma failure?
    The D&W analysis Michael Grimshaw writes –  Given the apathy, disengagement, disillusionment, and all-round ennui of this year’s general election, it was considered time to bring in those noted political operatives and spin doctors D&W, the long-established consultancy firm run by Emile Durkheim and Max Weber. Known for ...
    Point of OrderBy poonzteam5443
    2 days ago
  • FROM BFD: Will Winston be the spectre we think?
    Kissy kissy. Cartoon credit BoomSlang. The BFD. JC writes-  Allow me to preface this contribution with the following statement: If I were asked to express a preference between a National/ACT coalition or a National/ACT/NZF coalition then it would be the former. This week Luxon declared his position, ...
    Point of OrderBy poonzteam5443
    2 days ago
  • California’s climate disclosure bill could have a huge impact across the U.S.
    This re-post from Yale Climate Connections by Andy Furillo was originally published by Capital & Main and is part of Covering Climate Now, a global journalism collaboration strengthening coverage of the climate story. The California Legislature took a step last week that has the potential to accelerate the fight against climate ...
    2 days ago
  • Untangling South East Queensland’s Public Transport
    This is a cross post Adventures in Transitland by Darren Davis. I recently visited Brisbane and South East Queensland and came away both impressed while also pondering some key changes to make public transport even better in the region. Here goes with my take on things. A bit of ...
    Greater AucklandBy Guest Post
    2 days ago
  • Try A Little Kindness.
    My daughter arrived home from the supermarket yesterday and she seemed a bit worried about something. It turned out she wanted to know if someone could get her bank number from a receipt.We wound the story back.She was in the store and there was a man there who was distressed, ...
    Nick’s KōreroBy Nick Rockel
    2 days ago
  • What makes NZFirst tick
    New Zealand’s longest-running political roadshow rolled into Opotiki yesterday, with New Zealand First leader Winston Peters knowing another poll last night showed he would make it back to Parliament and National would need him and his party if they wanted to form a government. The Newshub Reid Research poll ...
    PolitikBy Richard Harman
    2 days ago
  • September AMA
    Hi,As September draws to a close — I feel it’s probably time to do an Ask Me Anything. You know how it goes: If you have any burning questions, fire away in the comments and I will do my best to answer. You might have questions about Webworm, or podcast ...
    David FarrierBy David Farrier
    3 days ago
  • Bludgers lying in the scratcher making fools of us all
    The mediocrity who stands to be a Prime Minister has a litany.He uses it a bit like a Koru Lounge card. He will brandish it to say: these people are eligible. And more than that, too: These people are deserving. They have earned this policy.They have a right to this policy. What ...
    More Than A FeildingBy David Slack
    3 days ago
  • More “partnerships” (by the look of it) and redress of over $30 million in Treaty settlement wit...
    Buzz from the Beehive Point of Order has waited until now – 3.45pm – for today’s officially posted government announcements.  There have been none. The only addition to the news on the Beehive’s website was posted later yesterday, after we had published our September 26 Buzz report. It came from ...
    Point of OrderBy Bob Edlin
    3 days ago
  • ALEX HOLLAND: Labour’s spending
    Alex Holland writes –  In 2017 when Labour came to power, crown spending was $76 billion per year. Now in 2023 it is $139 billion per year, which equates to a $63 billion annual increase (over $1 billion extra spend every week!) In 2017, New Zealand’s government debt ...
    Point of OrderBy poonzteam5443
    3 days ago
  • If not now, then when?
    Labour released its fiscal plan today, promising the same old, same old: "responsibility", balanced books, and of course no new taxes: "Labour will maintain income tax settings to provide consistency and certainty in these volatile times. Now is not the time for additional taxes or to promise billions of ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • THE FACTS:  77% of Kiwis believe NZ is becoming more divided
    The Facts has posted –        KEY INSIGHTSOf New Zealander’s polled: Social unity/division 77%believe NZ is becoming more divided (42% ‘much more’ + 35% ‘a little more’) 3%believe NZ is becoming less divided (1% ‘much less’ + 2% ‘a little less’) ...
    Point of OrderBy poonzteam5443
    3 days ago
  • Gordon Campbell on the cynical brutality of the centre-right’s welfare policies
    The centre-right’s enthusiasm for forcing people off the benefit and into paid work is matched only by the enthusiasm (shared by Treasury and the Reserve Bank) for throwing people out of paid work to curb inflation, and achieve the optimal balance of workers to job seekers deemed to be desirable ...
    3 days ago
  • Wednesday’s Chorus: Arthur Grimes on why building many, many more social houses is so critical
    New research shows that tenants in social housing - such as these Wellington apartments - are just as happy as home owners and much happier than private tenants. Photo: Lynn Grieveson / The KākāTL;DR: The election campaign took an ugly turn yesterday, and in completely the wrong direction. All three ...
    The KakaBy Bernard Hickey
    3 days ago
  • Old habits
    Media awareness about global warming and climate change has grown fairly steadily since 2004. My impression is that journalists today tend to possess a higher climate literacy than before. This increasing awareness and improved knowledge is encouraging, but there are also some common interpretations which could be more nuanced. ...
    Real ClimateBy rasmus
    3 days ago
  • Bennie Bashing.
    If there’s one thing the mob loves more than keeping Māori in their place, more than getting tough on the gangs, maybe even more than tax cuts. It’s a good old round of beneficiary bashing.Are those meanies in the ACT party stealing your votes because they think David Seymour is ...
    Nick’s KōreroBy Nick Rockel
    3 days ago
  • The kindest cuts
    Labour kicks off the fiscal credibility battle today with the release of its fiscal plan. National is expected to follow, possibly as soon as Thursday, with its own plan, which may (or may not) address the large hole that the problems with its foreign buyers’ ban might open up. ...
    PolitikBy Richard Harman
    3 days ago
  • Green right turn in Britain? Well, a start
    While it may be unlikely to register in New Zealand’s general election, Britain’s PM Rishi Sunak has done something which might just be important in the long run. He’s announced a far-reaching change in his Conservative government’s approach to environmental, and particularly net zero, policy. The starting point – ...
    Point of OrderBy xtrdnry
    4 days ago
  • At a glance – How do human CO2 emissions compare to natural CO2 emissions?
    On February 14, 2023 we announced our Rebuttal Update Project. This included an ask for feedback about the added "At a glance" section in the updated basic rebuttal versions. This weekly blog post series highlights this new section of one of the updated basic rebuttal versions and serves as a ...
    4 days ago
  • How could this happen?
    Canada is in uproar after the exposure that its parliament on September 22 provided a standing ovation to a Nazi veteran who had been invited into the chamber to participate in the parliamentary welcome to Ukrainian President Zelensky. Yaroslav Hunka, 98, a Ukrainian man who volunteered for service in ...
    4 days ago
  • Always Be Campaigning
    The big screen is a great place to lay out the ways of the salesman. He comes ready-made for Panto, ripe for lampooning.This is not to disparage that life. I have known many good people of that kind. But there is a type, brazen as all get out. The camera ...
    More Than A FeildingBy David Slack
    4 days ago
  • STEPHEN FRANKS: Press seek to publicly shame doctor – we must push back
    The following is a message sent yesterday from lawyer Stephen Franks on behalf of the Free Speech Union. I don’t like to interrupt first thing Monday morning, but we’ve just become aware of a case where we think immediate and overwhelming attention could help turn the tide. It involves someone ...
    Point of OrderBy poonzteam5443
    4 days ago
  • Competing on cruelty
    The right-wing message calendar is clearly reading "cruelty" today, because both National and NZ First have released beneficiary-bashing policies. National is promising a "traffic light" system to police and kick beneficiaries, which will no doubt be accompanied by arbitrary internal targets to classify people as "orange" or "red" to keep ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • Further funding for Pharmac (forgotten in the Budget?) looks like a $1bn appeal from a PM in need of...
    Buzz from the Beehive One Labour plan  – for 3000 more public homes by 2025 – is the most recent to be posted on the government’s official website. Another – a prime ministerial promise of more funding for Pharmac – has been released as a Labour Party press statement. Who ...
    Point of OrderBy Bob Edlin
    4 days ago
  • Bryce Edwards: The Vested interests shaping National Party policies
    As the National Party gets closer to government, lobbyists and business interests will be lining up for influence and to get policies adopted. It’s therefore in the public interest to have much more scrutiny and transparency about potential conflicts of interests that might arise. One of the key individuals of ...
    Democracy ProjectBy bryce.edwards
    4 days ago
  • Labour may be on way out of power and NZ First back in – but will Peters go into coalition with Na...
    Voters  are deserting Labour in droves, despite Chris  Hipkins’  valiant  rearguard  action.  So  where  are they  heading?  Clearly  not all of them are going to vote National, which concedes that  the  outcome  will be “close”. To the Right of National, the ACT party just a  few weeks  ago  was ...
    Point of OrderBy tutere44
    4 days ago
  • GRAHAM ADAMS: Will the racists please stand up?
    Accusations of racism by journalists and MPs are being called out. Graham Adams writes –    With the election less than three weeks away, what co-governance means in practice — including in water management, education, planning law and local government — remains largely obscure. Which is hardly ...
    Point of OrderBy poonzteam5443
    4 days ago
  • Gordon Campbell on whether Winston Peters can be a moderating influence
    As the centre-right has (finally!) been subjected to media interrogation, the polls are indicating that some voters may be starting to have second thoughts about the wisdom of giving National and ACT the power to govern alone. That’s why yesterday’s Newshub/Reid Research poll had the National/ACT combo dropping to 60 ...
    4 days ago
  • Tuesday’s Chorus: RBNZ set to rain on National's victory parade
    ANZ has increased its forecast for house inflation later this year on signs of growing momentum in the market ahead of the election. Photo: Lynn Grieveson / The KākāTL;DR: National has campaigned against the Labour Government’s record on inflation and mortgage rates, but there’s now a growing chance the Reserve ...
    The KakaBy Bernard Hickey
    4 days ago
  • After a Pittsburgh coal processing plant closed, ER visits plummeted
    This is a re-post from Yale Climate Connections by Katie Myers. This story was originally published by Grist and is part of Covering Climate Now, a global journalism collaboration strengthening coverage of the climate story. Pittsburgh, in its founding, was blessed and cursed with two abundant natural resources: free-flowing rivers and a nearby coal seam. ...
    4 days ago
  • September-23 AT Board Meeting
    Today the AT board meet again and once again I’ve taken a look at what’s on the agenda to find the most interesting items. Closed Agenda Interestingly when I first looked at the agendas this paper was there but at the time of writing this post it had been ...
    4 days ago
  • Electorate Watch: West Coast-Tasman
    Continuing my series on interesting electorates, today it’s West Coast-Tasman.A long thin electorate running down the northern half of the west coast of the South Island. Think sand flies, beautiful landscapes, lots of rain, Pike River, alternative lifestylers, whitebaiting, and the spiritual home of the Labour Party. A brief word ...
    Nick’s KōreroBy Nick Rockel
    4 days ago
  • Big money brings Winston back
    National leader Christopher Luxon yesterday morning conceded it and last night’s Newshub poll confirmed it; Winston Peters and NZ First are not only back but highly likely to be part of the next government. It is a remarkable comeback for a party that was tossed out of Parliament in ...
    PolitikBy Richard Harman
    4 days ago
  • 20 days until Election Day, 7 until early voting begins… but what changes will we really see here?
    As this blogger, alongside many others, has already posited in another forum: we all know the National Party’s “budget” (meaning this concept of even adding up numbers properly is doing a lot of heavy, heavy lifting right now) is utter and complete bunk (read hung, drawn and quartered and ...
    exhALANtBy exhalantblog
    5 days ago
  • A night out
    Everyone was asking, Are you nervous? and my response was various forms of God, yes.I've written more speeches than I can count; not much surprises me when the speaker gets to their feet and the room goes quiet.But a play? Never.YOU CAME! THANK YOU! Read more ...
    More Than A FeildingBy David Slack
    5 days ago
  • A pallid shade of Green III
    Clearly Labour's focus groups are telling it that it needs to pay more attention to climate change - because hot on the heels of their weaksauce energy efficiency pilot programme and not-great-but-better-than-nothing solar grants, they've released a full climate manifesto. Unfortunately, the core policies in it - a second Emissions ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • A coalition of racism, cruelty, and chaos
    Today's big political news is that after months of wibbling, National's Chris Luxon has finally confirmed that he is willing to work with Winston Peters to become Prime Minister. Which is expected, but I guess it tells us something about which way the polls are going. Which raises the question: ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • More migrant workers should help generate the tax income needed to provide benefits for job seekers
    Buzz from the Beehive Under something described as a “rebalance” of its immigration rules, the Government has adopted four of five recommendations made in an independent review released in July, The fifth, which called on the government to specify criteria for out-of-hours compliance visits similar to those used during ...
    Point of OrderBy Bob Edlin
    5 days ago
  • Letter To Luxon.
    Some of you might know Gerard Otto (G), and his G News platform. This morning he wrote a letter to Christopher Luxon which I particularly enjoyed, and with his agreement I’m sharing it with you in this guest newsletter.If you’d like to make a contribution to support Gerard’s work you ...
    Nick’s KōreroBy Nick Rockel
    5 days ago
  • LINDSAY MITCHELL: Alarming trend in benefit numbers
    Lindsay Mitchell writes –  While there will not be another quarterly release of benefit numbers prior to the election, limited weekly reporting continues and is showing an alarming trend. Because there is a seasonal component to benefit number fluctuations it is crucial to compare like with like. In ...
    Point of OrderBy poonzteam5443
    5 days ago
  • BRIAN EASTON: Has there been external structural change?
    A close analysis of the Treasury assessment of the Medium Term in its PREFU 2023 suggests the economy may be entering a new phase.   Brian Easton writes –  Last week I explained that the forecasts in the just published Treasury Pre-election Economic and Fiscal Update (PREFU 2023) was ...
    Point of OrderBy poonzteam5443
    5 days ago
  • CRL Progress – Sep-23
    It’s been a while since we looked at the latest with the City Rail Link and there’s been some fantastic milestones recently. To start with, and most recently, CRL have released an awesome video showing a full fly-through of one of the tunnels. Come fly with us! You asked for ...
    5 days ago
  • Monday’s Chorus: Not building nearly enough
    We are heading into another period of fast population growth without matching increased home building or infrastructure investment.Photo: Lynn Grieveson / The KākāTL;DR: Labour and National detailed their house building and migration approaches over the weekend, with both pledging fast population growth policies without enough house building or infrastructure investment ...
    The KakaBy Bernard Hickey
    5 days ago
  • Game on; Hipkins comes out punching
    Labour leader Chris Hipkins yesterday took the gloves off and laid into National and its leader Christopher Luxon. For many in Labour – and particularly for some at the top of the caucus and the party — it would not have been a moment too soon. POLITIK is aware ...
    PolitikBy Richard Harman
    5 days ago
  • Tax Cut Austerity Blues.
    The leaders have had their go, they’ve told us the “what?” and the “why?” of their promises. Now it’s the turn of the would be Finance Ministers to tell us the “how?”, the “how much?”, and the “when?”A chance for those competing for the second most powerful job in the ...
    Nick’s KōreroBy Nick Rockel
    6 days ago
  • MIKE GRIMSHAW:  It’s the economy – and the spirit – Stupid…
    Mike Grimshaw writes – Over the past 30-odd years it’s become almost an orthodoxy to blame or invoke neoliberalism for the failures of New Zealand society. On the left the usual response goes something like, neoliberalism is the cause of everything that’s gone wrong and the answer ...
    Point of OrderBy poonzteam5443
    6 days ago
  • 2023 SkS Weekly Climate Change & Global Warming News Roundup #38
    A chronological listing of news and opinion articles posted on the Skeptical Science Facebook Page during the past week: Sun, Sep 17, 2023 thru Sat, Sep 23, 2023. Story of the Week  Opinion: Let’s free ourselves from the story of economic growth A relentless focus on economic growth has ushered in ...
    6 days ago
  • The End Of The World.
    Have you been looking out of your window for signs of the apocalypse? Don’t worry, you haven’t been door knocked by a representative of the Brian Tamaki party. They’re probably a bit busy this morning spruiking salvation, or getting ready to march on our parliament, which is closed. No, I’ve ...
    Nick’s KōreroBy Nick Rockel
    1 week ago
  • Climate Town: The Brainwashing Of America's Children
    Climate Town is the YouTube channel of Rollie Williams and a ragtag team of climate communicators, creatives and comedians. They examine climate change in a way that doesn’t make you want to eat a cyanide pill. Get informed about the climate crisis before the weather does it for you. The latest ...
    1 week ago
  • Has There Been External Structural Change?
    A close analysis of the Treasury assessment of the Medium Term in its PREFU 2023 suggests the economy may be entering a new phase. Last week I explained that the forecasts in the just published Treasury Pre-election Economic and Fiscal Update (PREFU 2023) was similar to the May Budget BEFU, ...
    PunditBy Brian Easton
    1 week ago

  • New community-level energy projects to support more than 800 Māori households
    Seven more innovative community-scale energy projects will receive government funding through the Māori and Public Housing Renewable Energy Fund to bring more affordable, locally generated clean energy to more than 800 Māori households, Energy and Resources Minister Dr Megan Woods says. “We’ve already funded 42 small-scale clean energy projects that ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Huge boost to Te Tai Tokerau flood resilience
    The Government has approved new funding that will boost resilience and greatly reduce the risk of major flood damage across Te Tai Tokerau. Significant weather events this year caused severe flooding and damage across the region. The $8.9m will be used to provide some of the smaller communities and maraes ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Napier’s largest public housing development comes with solar
    The largest public housing development in Napier for many years has been recently completed and has the added benefit of innovative solar technology, thanks to Government programmes, says Housing Minister Dr Megan Woods. The 24 warm, dry homes are in Seddon Crescent, Marewa and Megan Woods says the whanau living ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Te Whānau a Apanui and the Crown initial Deed of Settlement I Kua waitohua e Te Whānau a Apanui me...
    Māori: Kua waitohua e Te Whānau a Apanui me te Karauna te Whakaaetanga Whakataunga Kua waitohua e Te Whānau a Apanui me te Karauna i tētahi Whakaaetanga Whakataunga hei whakamihi i ō rātou tāhuhu kerēme Tiriti o Waitangi. E tekau mā rua ngā hapū o roto mai o Te Whānau ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Plan for 3,000 more public homes by 2025 – regions set to benefit
    Regions around the country will get significant boosts of public housing in the next two years, as outlined in the latest public housing plan update, released by the Housing Minister, Dr Megan Woods. “We’re delivering the most public homes each year since the Nash government of the 1950s with one ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Immigration settings updates
    Judicial warrant process for out-of-hours compliance visits 2023/24 Recognised Seasonal Employer cap increased by 500 Additional roles for Construction and Infrastructure Sector Agreement More roles added to Green List Three-month extension for onshore Recovery Visa holders The Government has confirmed a number of updates to immigration settings as part of ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Poroporoaki: Tā Patrick (Patu) Wahanga Hohepa
    Tangi ngunguru ana ngā tai ki te wahapū o Hokianga Whakapau Karakia. Tārehu ana ngā pae maunga ki Te Puna o te Ao Marama. Korihi tangi ana ngā manu, kua hinga he kauri nui ki te Wao Nui o Tāne. He Toa. He Pou. He Ahorangi. E papaki tū ana ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Renewable energy fund to support community resilience
    40 solar energy systems on community buildings in regions affected by Cyclone Gabrielle and other severe weather events Virtual capability-building hub to support community organisations get projects off the ground Boost for community-level renewable energy projects across the country At least 40 community buildings used to support the emergency response ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • COVID-19 funding returned to Government
    The lifting of COVID-19 isolation and mask mandates in August has resulted in a return of almost $50m in savings and recovered contingencies, Minister of Health Dr Ayesha Verrall announced today. Following the revocation of mandates and isolation, specialised COVID-19 telehealth and alternative isolation accommodation are among the operational elements ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Appointment of District Court Judge
    Susie Houghton of Auckland has been appointed as a new District Court Judge, to serve on the Family Court, Attorney-General David Parker said today.  Judge Houghton has acted as a lawyer for child for more than 20 years. She has acted on matters relating to the Hague Convention, an international ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government invests further in Central Hawke’s Bay resilience
    The Government has today confirmed $2.5 million to fund a replace and upgrade a stopbank to protect the Waipawa Drinking Water Treatment Plant. “As a result of Cyclone Gabrielle, the original stopbank protecting the Waipawa Drinking Water Treatment Plant was destroyed. The plant was operational within 6 weeks of the ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Govt boost for Hawke’s Bay cyclone waste clean-up
    Another $2.1 million to boost capacity to deal with waste left in Cyclone Gabrielle’s wake. Funds for Hastings District Council, Phoenix Contracting and Hog Fuel NZ to increase local waste-processing infrastructure. The Government is beefing up Hawke’s Bay’s Cyclone Gabrielle clean-up capacity with more support dealing with the massive amount ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Taupō Supercars revs up with Government support
    The future of Supercars events in New Zealand has been secured with new Government support. The Government is getting engines started through the Major Events Fund, a special fund to support high profile events in New Zealand that provide long-term economic, social and cultural benefits. “The Repco Supercars Championship is ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • There is no recession in NZ, economy grows nearly 1 percent in June quarter
    The economy has turned a corner with confirmation today New Zealand never was in recession and stronger than expected growth in the June quarter, Finance Minister Grant Robertson said. “The New Zealand economy is doing better than expected,” Grant Robertson said. “It’s continuing to grow, with the latest figures showing ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Highest legal protection for New Zealand’s largest freshwater springs
    The Government has accepted the Environment Court’s recommendation to give special legal protection to New Zealand’s largest freshwater springs, Te Waikoropupū Springs (also known as Pupū Springs), Environment Minister David Parker announced today.   “Te Waikoropupū Springs, near Takaka in Golden Bay, have the second clearest water in New Zealand after ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • More support for victims of migrant exploitation
    Temporary package of funding for accommodation and essential living support for victims of migrant exploitation Exploited migrant workers able to apply for a further Migrant Exploitation Protection Visa (MEPV), giving people more time to find a job Free job search assistance to get people back into work Use of 90-day ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Strong export boost as NZ economy turns corner
    An export boost is supporting New Zealand’s economy to grow, adding to signs that the economy has turned a corner and is on a stronger footing as we rebuild from Cyclone Gabrielle and lock in the benefits of multiple new trade deals, Finance Minister Grant Robertson says. “The economy is ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Funding approved for flood resilience work in Te Karaka
    The Government has approved $15 million to raise about 200 homes at risk of future flooding. More than half of this is expected to be spent in the Tairāwhiti settlement of Te Karaka, lifting about 100 homes there. “Te Karaka was badly hit during Cyclone Gabrielle when the Waipāoa River ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Further business support for cyclone-affected regions
    The Government is helping businesses recover from Cyclone Gabrielle and attract more people back into their regions. “Cyclone Gabrielle has caused considerable damage across North Island regions with impacts continuing to be felt by businesses and communities,” Economic Development Minister Barbara Edmonds said. “Building on our earlier business support, this ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New maintenance facility at Burnham Military Camp underway
    Defence Minister Andrew Little has turned the first sod to start construction of a new Maintenance Support Facility (MSF) at Burnham Military Camp today. “This new state-of-art facility replaces Second World War-era buildings and will enable our Defence Force to better maintain and repair equipment,” Andrew Little said. “This Government ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Foreign Minister to attend United Nations General Assembly
    Foreign Minister Nanaia Mahuta will represent New Zealand at the 78th Session of the United Nations General Assembly (UNGA) in New York this week, before visiting Washington DC for further Pacific focussed meetings. Nanaia Mahuta will be in New York from Wednesday 20 September, and will participate in UNGA leaders ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Midwives’ pay equity offer reached
    Around 1,700 Te Whatu Ora employed midwives and maternity care assistants will soon vote on a proposed pay equity settlement agreed by Te Whatu Ora, the Midwifery Employee Representation and Advisory Service (MERAS) and New Zealand Nurses Association (NZNO), Minister of Health Dr Ayesha Verrall announced today. “Addressing historical pay ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • New Zealand provides support to Morocco
    Aotearoa New Zealand will provide humanitarian support to those affected by last week’s earthquake in Morocco, Foreign Minister Nanaia Mahuta announced today. “We are making a contribution of $1 million to the International Federation of Red Cross and Red Crescent Societies (IFRC) to help meet humanitarian needs,” Nanaia Mahuta said. ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Government invests in West Coast’s roading resilience
    The Government is investing over $22 million across 18 projects to improve the resilience of roads in the West Coast that have been affected by recent extreme weather, Prime Minister Chris Hipkins confirmed today.  A dedicated Transport Resilience Fund has been established for early preventative works to protect the state ...
    BeehiveBy beehive.govt.nz
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