International Labour Organisation on Austerity
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- Date published:
8:38 am, November 21st, 2015 - 10 comments
Categories: capitalism, class war, economy -
Tags: austerity, ILO
The Tertiary Education Union has an interesting piece on an ILO report. It’s a short post with a lot of information in it, I hope they don’t mind if we reproduce the whole post here:
ILO WARNS AGAINST NEW AGE OF AUSTERITY
Brace for more austerity in 2016, warns the International Labour Organisation (ILO).
A new report by the ILO that looks at financial trends of 187 countries from 2010 to 2020 argues the world could face a second ‘adjustment shock’ next year and ensuing austerity measures. The study says 132 countries, mostly in the developing world, could suffer.
International Monetary Fund (IMF) projections show that a second major period of governments cutting their spending. Overall, the IMF expects 132 countries to cut budgets in terms of gross domestic product (GDP), including New Zealand.
Spending cuts will affect more than two-thirds of all countries annually, affecting more than six billion people or nearly 80 percent of the global population by 2020.
Recent IMF country reports indicates that governments are considering a range of austerity measures, such as wage cuts and/or caps, including the salaries of education, health and other public sector workers (in 130 countries); pension reforms (in 105 countries); and healthcare reforms (in 56 countries). The report names New Zealand engaging in many of these measures.
A United Nations Global Policy Model indicates that the expected spending cuts will harm GDP and employment in all regions. Compared to a scenario without spending contraction, global GDP is set to be 5.5 percent lower by 2020 further resulting in a net loss of 12 million jobs.
The original is by the Tertiary Education Union.
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- Release: Working together on consistent support for veterans this Anzac DayOur two-tiered system for veterans’ support is out of step with our closest partners, and all parties in Parliament should work together to fix it, Labour veterans’ affairs spokesperson Greg O’Connor said. ...3 weeks ago
- Release: Penny drops – but what about Seymour and Peters?Stripping two Ministers of their portfolios just six months into the job shows Christopher Luxon’s management style is lacking, Labour Leader Chris Hipkins said. ...3 weeks ago
- Another ‘Stolen Generation’ enabled by court ruling on Waitangi Tribunal summonsTonight’s court decision to overturn the summons of the Children’s Minister has enabled the Crown to continue making decisions about Māori without evidence, says Te Pāti Māori spokesperson for Children, Mariameno Kapa-Kingi. “The judicial system has this evening told the nation that this government can do whatever they want when ...3 weeks ago
- Release: Budget blunder shows Nicola Willis could cut recovery fundingIt appears Nicola Willis is about to pull the rug out from under the feet of local communities still dealing with the aftermath of last year’s severe weather, and local councils relying on funding to build back from these disasters. ...3 weeks ago
- Further environmental mismanagement on the cardsThe Government’s resource management reforms will add to the heavy and ever-growing burden this Government is loading on to our environment. ...3 weeks ago
- Release: RMA changes will be a disaster for environmentThe Government is making short-sighted changes to the Resource Management Act (RMA) that will take away environmental protection in favour of short-term profits, Labour’s environment spokesperson Rachel Brooking said today. ...3 weeks ago
- Release: Labour supports urgent changes to emergency management systemLabour welcomes the release of the report into the North Island weather events and looks forward to working with the Government to ensure that New Zealand is as prepared as it can be for the next natural disaster. ...3 weeks ago
- New Zealand congratulates new Solomon Islands government
A high-level New Zealand political delegation in Honiara today congratulated the new Government of Solomon Islands, led by Jeremiah Manele, on taking office. “We are privileged to meet the new Prime Minister and members of his Cabinet during his government’s first ten days in office,” Deputy Prime Minister and ...3 hours ago - New Zealand supports UN Palestine resolutionNew Zealand voted in favour of a resolution broadening Palestine’s participation at the United Nations General Assembly overnight, Foreign Minister Winston Peters says. “The resolution enhances the rights of Palestine to participate in the work of the UN General Assembly while stopping short of admitting Palestine as a full ...2 days ago
- Speech to the 2024 Infrastructure SymposiumIntroduction Good morning. It’s a great privilege to be here at the 2024 Infrastructure Symposium. I was extremely happy when the Prime Minister asked me to be his Minister for Infrastructure. It is one of the great barriers holding the New Zealand economy back from achieving its potential. Building high ...2 days ago
- $571 million for Defence pay and projectsDefence Minister Judith Collins today announced the upcoming Budget will include new funding of $571 million for Defence Force pay and projects. “Our servicemen and women do New Zealand proud throughout the world and this funding will help ensure we retain their services and expertise as we navigate an increasingly ...2 days ago
- Climate change – mitigating the risks and costsNew Zealand’s ability to cope with climate change will be strengthened as part of the Government’s focus to build resilience as we rebuild the economy, Climate Change Minister Simon Watts says. “An enduring and long-term approach is needed to provide New Zealanders and the economy with certainty as the climate ...2 days ago
- Getting new job seekers on the pathway to workJobseeker beneficiaries who have work obligations must now meet with MSD within two weeks of their benefit starting to determine their next step towards finding a job, Social Development and Employment Minister Louise Upston says. “A key part of the coalition Government’s plan to have 50,000 fewer people on Jobseeker ...3 days ago
- Accelerating Social InvestmentA new standalone Social Investment Agency will power-up the social investment approach, driving positive change for our most vulnerable New Zealanders, Social Investment Minister Nicola Willis says. “Despite the Government currently investing more than $70 billion every year into social services, we are not seeing the outcomes we want for ...4 days ago
- Getting Back on TrackCheck against delivery Good morning. It is a pleasure to be with you to outline the Coalition Government’s approach to our first Budget. Thank you Mark Skelly, President of the Hutt Valley Chamber of Commerce, together with your Board and team, for hosting me. I’d like to acknowledge His Worship ...4 days ago
- NZ – European Union ties more critical than everYour Excellency Ambassador Meredith, Members of the Diplomatic Corps and Ambassadors from European Union Member States, Ministerial colleagues, Members of Parliament, and other distinguished guests, Thank you everyone for joining us. Ladies and gentlemen - In diplomacy, we often speak of ‘close’ and ‘long-standing’ relations. ...4 days ago
- Therapeutic Products Act to be repealedThe Therapeutic Products Act (TPA) will be repealed this year so that a better regime can be put in place to provide New Zealanders safe and timely access to medicines, medical devices and health products, Associate Health Minister Casey Costello announced today. “The medicines and products we are talking about ...4 days ago
- Decisions on Wellington City Council’s District PlanThe Minister Responsible for RMA Reform, Chris Bishop, today released his decision on twenty recommendations referred to him by the Wellington City Council relating to its Intensification Planning Instrument, after the Council rejected those recommendations of the Independent Hearings Panel and made alternative recommendations. “Wellington notified its District Plan on ...4 days ago
- Rape Awareness Week: Government committed to action on sexual violenceRape Awareness Week (6-10 May) is an important opportunity to acknowledge the continued effort required by government and communities to ensure that all New Zealanders can live free from violence, say Ministers Karen Chhour and Louise Upston. “With 1 in 3 women and 1 in 8 men experiencing sexual violence ...4 days ago
- Smarter lunch programme feeds more, costs lessAssociate Education Minister David Seymour has today announced that the Government will be delivering a more efficient Healthy School Lunches Programme, saving taxpayers approximately $107 million a year compared to how Labour funded it, by embracing innovation and commercial expertise. “We are delivering on our commitment to treat taxpayers’ money ...4 days ago
- Report provides insights into marine recoveryNew research on the impacts of extreme weather on coastal marine habitats in Tairāwhiti and Hawke’s Bay will help fishery managers plan for and respond to any future events, Oceans and Fisheries Minister Shane Jones says. A report released today on research by Niwa on behalf of Fisheries New Zealand ...4 days ago
- NZ to send political delegation to the PacificDeputy Prime Minister and Foreign Minister Winston Peters will lead a broad political delegation on a five-stop Pacific tour next week to strengthen New Zealand’s engagement with the region. The delegation will visit Solomon Islands, Papua New Guinea, Vanuatu, New Caledonia, and Tuvalu. “New Zealand has deep and ...4 days ago
- Low gas production threatens energy securityThere has been a material decline in gas production according to figures released today by the Gas Industry Co. Figures released by the Gas Industry Company show that there was a 12.5 per cent reduction in gas production during 2023, and a 27.8 per cent reduction in gas production in the ...5 days ago
- Defence industry talent, commitment recognisedDefence Minister Judith Collins tonight announced the recipients of the Minister of Defence Awards of Excellence for Industry, saying they all contribute to New Zealanders’ security and wellbeing. “Congratulations to this year’s recipients, whose innovative products and services play a critical role in the delivery of New Zealand’s defence capabilities, ...5 days ago
- Speech to the Minister of Defence Awards of Excellence for IndustryWelcome to you all - it is a pleasure to be here this evening.I would like to start by thanking Greg Lowe, Chair of the New Zealand Defence Industry Advisory Council, for co-hosting this reception with me. This evening is about recognising businesses from across New Zealand and overseas who in ...5 days ago
- Speech to the Sixth Annual New Zealand Government Data SummitIt is a pleasure to be speaking to you as the Minister for Digitising Government. I would like to thank Akolade for the invitation to address this Summit, and to acknowledge the great effort you are making to grow New Zealand’s digital future. Today, we stand at the cusp of ...5 days ago
- Ceasefire agreement needed now: PetersNew Zealand is urging both Israel and Hamas to agree to an immediate ceasefire to avoid the further humanitarian catastrophe that military action in Rafah would unleash, Foreign Minister Winston Peters says. “The immense suffering in Gaza cannot be allowed to worsen further. Both sides have a responsibility to ...5 days ago
- Daily school attendance data now availableA new online data dashboard released today as part of the Government’s school attendance action plan makes more timely daily attendance data available to the public and parents, says Associate Education Minister David Seymour. The interactive dashboard will be updated once a week to show a national average of how ...5 days ago
- Ambassador to United States appointedForeign Minister Winston Peters has announced Rosemary Banks will be New Zealand’s next Ambassador to the United States of America. “Our relationship with the United States is crucial for New Zealand in strategic, security and economic terms,” Mr Peters says. “New Zealand and the United States have a ...5 days ago
- New permit proposed for recreational gold miningThe Government is considering creating a new tier of minerals permitting that will make it easier for hobby miners to prospect for gold. “New Zealand was built on gold, it’s in our DNA. Our gold deposits, particularly in regions such as Otago and the West Coast have always attracted fortune-hunters. ...5 days ago
- NZ and the UAE launch FTA negotiationsMinister for Trade Todd McClay today announced that New Zealand and the United Arab Emirates (UAE) will commence negotiations on a free trade agreement (FTA). Minister McClay met with his counterpart UAE Trade Minister Dr Thani bin Ahmed Al Zeyoudi in Dubai, where they announced the launch of negotiations on a ...6 days ago
- New Zealand Sign Language Week an opportunity for anyone to signNew Zealand Sign Language Week is an excellent opportunity for all Kiwis to give the language a go, Disabilities Issues Minister Louise Upston says. This week (May 6 to 12) is New Zealand Sign Language (NZSL) Week. The theme is “an Aotearoa where anyone can sign anywhere” and aims to ...6 days ago
- Next stop NASA for New Zealand studentsSix tertiary students have been selected to work on NASA projects in the US through a New Zealand Space Scholarship, Space Minister Judith Collins announced today. “This is a fantastic opportunity for these talented students. They will undertake internships at NASA’s Ames Research Center or its Jet Propulsion Laboratory (JPL), where ...6 days ago
- $1.9 billion investment to keep NZ safe from crimeNew Zealanders will be safer because of a $1.9 billion investment in more frontline Corrections officers, more support for offenders to turn away from crime, and more prison capacity, Corrections Minister Mark Mitchell says. “Our Government said we would crack down on crime. We promised to restore law and order, ...6 days ago
- OECD reinforces need to control spendingThe OECD’s latest report on New Zealand reinforces the importance of bringing Government spending under control, Finance Minister Nicola Willis says. The OECD conducts country surveys every two years to review its members’ economic policies. The 2024 New Zealand survey was presented in Wellington today by OECD Chief Economist Clare Lombardelli. ...6 days ago
- Agreement delivers Local Water Done Well for AucklandThe Government has delivered on its election promise to provide a financially sustainable model for Auckland under its Local Water Done Well plan. The plan, which has been unanimously endorsed by Auckland Council’s Governing Body, will see Aucklanders avoid the previously projected 25.8 per cent water rates increases while retaining ...1 week ago
- Gaza and the Pacific on the agenda with GermanyForeign Minister Winston Peters discussed the need for an immediate ceasefire in Gaza, and enhanced cooperation in the Pacific with German Foreign Minister Annalena Baerbock during her first official visit to New Zealand today. "New Zealand and Germany enjoy shared interests and values, including the rule of law, democracy, respect for the international system ...1 week ago
- Decision allows for housing growth in Western Bay of PlentyThe Minister Responsible for RMA Reform, Chris Bishop today released his decision on four recommendations referred to him by the Western Bay of Plenty District Council, opening the door to housing growth in the area. The Council’s Plan Change 92 allows more homes to be built in existing and new ...1 week ago
- Speech to New Zealand China CouncilThank you, John McKinnon and the New Zealand China Council for the invitation to speak to you today. Thank you too, all members of the China Council. Your effort has played an essential role in helping to build, shape, and grow a balanced and resilient relationship between our two ...1 week ago
- Modern insurance law will protect Kiwi householdsThe Government is modernising insurance law to better protect Kiwis and provide security in the event of a disaster, Commerce and Consumer Affairs Minister Andrew Bayly announced today. “These reforms are long overdue. New Zealand’s insurance law is complicated and dated, some of which is more than 100 years old. ...1 week ago
- Government recommits to equal payThe coalition Government is refreshing its approach to supporting pay equity claims as time-limited funding for the Pay Equity Taskforce comes to an end, Public Service Minister Nicola Willis says. “Three years ago, the then-government introduced changes to the Equal Pay Act to support pay equity bargaining. The changes were ...1 week ago
- Transforming how our children learn to readStructured literacy will change the way New Zealand children learn to read - improving achievement and setting students up for success, Education Minister Erica Stanford says. “Being able to read and write is a fundamental life skill that too many young people are missing out on. Recent data shows that ...1 week ago
- NZ not backing down in Canada dairy disputeTrade Minister Todd McClay says Canada’s refusal to comply in full with a CPTPP trade dispute ruling in our favour over dairy trade is cynical and New Zealand has no intention of backing down. Mr McClay said he has asked for urgent legal advice in respect of our ‘next move’ ...1 week ago
- Stronger oversight for our most vulnerable childrenThe rights of our children and young people will be enhanced by changes the coalition Government will make to strengthen oversight of the Oranga Tamariki system, including restoring a single Children’s Commissioner. “The Government is committed to delivering better public services that care for our most at-risk young people and ...1 week ago
- Streamlining Building Consent ChangesThe Government is making it easier for minor changes to be made to a building consent so building a home is easier and more affordable, Building and Construction Minister Chris Penk says. “The coalition Government is focused on making it easier and cheaper to build homes so we can ...2 weeks ago
- Minister acknowledges passing of Sir Robert Martin (KNZM)New Zealand lost a true legend when internationally renowned disability advocate Sir Robert Martin (KNZM) passed away at his home in Whanganui last night, Disabilities Issues Minister Louise Upston says. “Our Government’s thoughts are with his wife Lynda, family and community, those he has worked with, the disability community in ...2 weeks ago
- Speech to New Zealand Institute of International Affairs, Parliament – Annual Lecture: Challenges ...Good evening – Before discussing the challenges and opportunities facing New Zealand’s foreign policy, we’d like to first acknowledge the New Zealand Institute of International Affairs. You have contributed to debates about New Zealand foreign policy over a long period of time, and we thank you for hosting us. ...2 weeks ago
- Justice wins, says Fiji’s acting DPP over jailing of former PM, police chief
By Repeka Nasiko in Suva “Justice has won,” says Fiji’s acting Director of Public Prosecutions John Rabuku following the sentencing of former prime minister Voreqe Bainimarama and former police commissioner Sitiveni Qiliho. Speaking to The Fiji Times, Rabuku said that while they welcomed the judgment by acting Chief Justice Salesi ...24 mins ago - Foreign Affairs Minister Winston Peters meets with new Solomon Islands PM
The foreign affairs minister has landed in Solomon Islands for the first leg of his Pacific tour, and an audience with the newly elected Prime Minister. ...1 hour ago - Pre-budget teasers increase exposure – and scrutinyMediawatch looks at how one pre-Budget announcement played well for a minister last week - but this week, one was badly botched. ...11 hours ago
- NZ delivers humanitarian supplies to disaster-hit PNG provincesPNG Post-Courier New Zealand High Commissioner Peter Zwart and PNG Defence Minister Dr Billy Joseph welcomed a C-130 Hercules to Port Moresby this week to support Papua New Guinea’s response to the March 24 earthquake and recent severe flooding. “Papua New Guinea has requested New Zealand’s assistance to transport emergency ...19 hours ago
- An Ode to .. Seymour
Grub Street King Luxon rode through the streets Of King’s Landing, and was troubled By the sight of hungry urchins in the mud. “Who would be the best of my Lords To deal with this negative optic?” He pondered. The answer came to him instantly. “Seymour!” he said to himself. ...21 hours ago - Fast Track Bill Should Be Withdrawn
“The Bill does not provide environmental protection, good quality decision making, certainty, public participation or speed. It should be withdrawn.” ...1 day ago - TVNZ breached union pact when deciding on programme cuts, ERA rulesRNZ News Television New Zealand has breached its collective agreement with the E tū union when deciding on discontinuing programmes, the Employment Relations Authority has ruled. It was announced in March that 68 staff members who work for news programmes Midday and Tonight, consumer justice programme Fair Go, current affairs ...1 day ago
- Fast-track Approvals Bill: Chief Ombudsman calls for accountability by lawDemocracy will be the "loser" if sweeping executive powers are granted to ministers under the new bill, the Chief Ombudsman warns. ...1 day ago
- NZ’s first Pinoy Green MP Francisco Hernandez talks climate policy and activismAsia Pacific Report Barangay New Zealand’s Rene Molina has interviewed the country’s first Filipino Green MP Francisco Hernandez who was sworn into Parliament yesterday as the party’s latest member. This is the first interview with Hernandez who replaces former Green Party co-leader James Shaw after his retirement from politics to ...1 day ago
- Australian Strategic Policy Institute warns AUKUS could 'crush' its defence industryAn Australian Strategic Policy Institute report says Pillar Two could raise the industry to state of the art capability - or "crush" it "under the weight of the globe's biggest player". ...1 day ago
- Indigenous women are most affected by domestic violence but have struggled to be heard. It’s time ...Source: The Conversation (Au and NZ) – By Marlene Longbottom, Associate Professor, Indigenous Education & Research Centre, James Cook University Shutterstock This article contains information on deaths in custody and the violence experienced by First Nations people in encounters with the Australian carceral system. It also contains references to ...1 day ago
- UN vote: NZ supports 'enhancing Palestine's status' – PetersNew Zealand has voted in favour of a resolution to broaden the Palestinian role at the United Nations General Assembly. ...2 days ago
- Cold houses to blame for people needing to 'blast the heater' – Green Building Counc...New Zealand's housing building standards are decades behind most other countries in the OECD, green building advocates say. ...2 days ago
- Austerity For Everyone Except Weapons Dealers“Instead of following along countries that are investing in death and better ways of killing people faster, we need to invest in life and in making Aotearoa a fair, just and equitable place where everyone has what they need for a dignified life.” ...2 days ago
- The Secret Diary of .. Te Pāti MāoriMARIAMENO KAPA-KINGI, TPM MP FOR TAI TOKERAU This Government will not waver in its mission to exterminate Māori. CHRISTOPHER LUXON Oh well look you know I don’t think that hard-working Kiwis want to hear language like that. It’s just really unhelpful rhetoric. My Government is genuinely committed to advancing outcomes ...2 days ago
- When body positivity morphs into toxic masculinityThe body positivity movement started with women confronting the unrealistic expectations and unrepresentative portrayals of them in media and advertising. Men weren’t part of it … their bodies hadn’t been sexualised to the same extremes and they didn’t really need it. But now that’s changed. And in a warped sort ...2 days ago
- ‘A curse and a blessing’: Ginette McDonald on how Lyn of Tawa changed her life
The New Zealand comedy legend takes us through her life in television, including the time she hugged Elton John and the unshakeable legacy of a girl named Lyn. In 1981, Ginette McDonald stood on the stage of Auckland’s St James Theatre and directly addressed Queen Elizabeth II. It was a ...2 days ago - ‘Mothering looked beautiful but also chaotic and stifling’: On flatting with a newbornAn essay by Lily Duval from the just-released anthology Otherhood: Essays on being childless, childfree and child adjacent. I was 22 when my friend Alice gave birth in the living room of our pokey Addington flat. She laboured in the blow-up pool for hours. Garish fish swam along the inflated ...2 days ago
- Motherhood: A reading journeyElla Borrie on the best books about motherhood she’s come across so far. Over the past few years I’ve been drawn to books about motherhood. I’m fascinated by the joys and horrors of becoming a parent. The question of children also feels more pressing than it used to. It’s like ...2 days ago
- The Steve Awards 2024: Honouring the year’s worst Mother’s Day marketingOut of gift ideas for mum? You can’t go wrong with a bottle of toilet cleaner and a new squeegee. Emily Writes is the writer and editor of Emily Writes Weekly. This week marks five years since I published a post on The Spinoff about Mother’s Day marketing titled ‘A ...2 days ago
- The Sunday Essay: A buzzy yearMy husband is posted overseas for 12 months and I’m armed with an expensive, newfangled vibrator. Will I miss him? The Sunday Essay is made possible thanks to the support of Creative New Zealand. A few days after my husband leaves, a new sex toy arrives at the front door. Nestled ...2 days ago
- Tracing four decades of Wellington street artJaimie Baird’s new book Here Today Gone Tomorrow is a record of four decades of graffiti and street art in Wellington, told through more than 1,200 photographs. He spoke with Joel MacManus about what inspired the book. How did you first get interested in photographing street art? I remember ...2 days ago
- The Weekend: How the woke sausage is madeEditor Madeleine Chapman looks back at a busy week where food of all political leanings dominated. Sometimes you’re just going about your week thinking you’ve got a good handle on what might be coming as far as news topics and then someone (usually a politician) says something so ridiculous that ...2 days ago
- Short story: Message me, by Lucy O’ConnorA banner notification alerts me to the fact that I’ve received an Instagram message from @felicity.loves. She always comments on my posts. I shouldn’t have opened the message, but clicked on the notification before rationalising this. OMG! Are you in Wellys? X I debate not replying, but Instagram will inform ...2 days ago
- Callum Donaldson has his head in the gameIn Melbourne’s hardscrabble western suburbs where AFL – Aussie rules football – is a state religion, Callum Donaldson has been quietly grafting away, four months into an odyssey that he hopes will take him to another promised land: the NRL. It was a solid 2023 for the softly spoken 20-year-old ...2 days ago
- The Boy in the Water: Police caught in ‘zone of uncertainty’ In a week of cold rain and frost, the climate in courtroom four upstairs at the Invercargill courthouse was simmering with restrained indignation. At times it felt like the famous Mexican standoff scene from Reservoir Dogs, or, as someone watching the proceedings described it, there was so much throwing of ...2 days ago
- TVNZ Pacific correspondent Barbara Dreaver awarded ONZM for investigative journalismPacific Media Watch Television New Zealand Pacific correspondent Barbara Dreaver has been made an Officer of the New Zealand Order of Merit for services to investigative journalism and Pacific communities in a ceremony at Government House, reports 1News. She has been the Pacific correspondent for 1News since 2002, breaking many ...2 days ago
- Budget to pledge billions more in funds and fresh effort to tackle intractable housing crisisSource: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Tuesday’s budget will respond to the deepening public agitation over Australia’s housing shortages by pouring new money into crisis accommodation for women and children, social housing and infrastructure. A specially-convened national cabinet late Friday ticked ...2 days ago
- Pacific journalists are world’s ‘eyes and ears’ on climate crisis, says EU envoyBy Kaneta Naimatu in Suva Journalists in the Pacific region play an important role as the “eyes and ears on the ground” when it comes to reporting the climate crisis, says the European Union’s Pacific Ambassador Barbara Plinkert. Speaking at The University of the South Pacific (USP) on World Press ...2 days ago
- Why the Defence Force has been calling for a Budget boostFailing accommodation, tarmac problems and a deteriorating naval base were all laid bare before a $571 million spend-up was unveiled today. ...2 days ago
- Back in Black: Aldora’s year gets even betterAldora Itunu is back in the Black Ferns squad after a three-year absence. The last of her 24 internationals was an underwhelming loss to France (7-29) in Castres to conclude the disastrous 2021 Northern Tour. The powerhouse prop won a Rugby World Cup in 2017 and thought she was done. ...2 days ago
- ‘Who’s actually governing this city?’The fight to control major transport policy and projects in Auckland has burst into the open again, with councillors rejecting Mayor Wayne Brown’s latest attempt to steer things more under his influence. Councillors from the left and right broke ranks on the mayor’s bid to control Auckland Transport more directly ...2 days ago
- The return of .. Raw PoliticsExhausted by the general election campaign, horrified by the twilight zone of coalition negotiations, distracted by the silly season and waiting for the honeymoon to begin, Raw Politics has been in hibernation since October. From today, we’re back. Our weekly political video show and podcast returns for ...2 days ago
- New Caledonia marks Armistice Day with new NZ war memorialBy Patrick Decloitre, RNZ Pacific correspondent French Pacific desk Authorities in the small town of Boulouparis have commemorated Armistice Day on May 8 with a new memorial honouring New Zealand soldiers who were stationed in New Caledonia during World War II. The ceremony took place in the township on the ...2 days ago
- High Court dismisses key challenge to indefinite immigration detention. What does it mean?Source: The Conversation (Au and NZ) – By Sara Dehm, Senior lecturer, international migration and refugee law, University of Technology Sydney The High Court unanimously ruled today that the Australian government can keep asylum seekers in immigration detention indefinitely in cases where they do not “voluntarily” cooperate with their own ...2 days ago
- A brief history of found footage video art – and where Macklemore’s Hind’s Hall fits inSource: The Conversation (Au and NZ) – By Kim Munro, Lecturer, Creative Industries and Digital Media, University of South Australia Twenty-four hours after the release of Macklemore’s pro-Palestine protest song Hind’s Hall on social media on May 7, the video had already notched up over 24 million views. In ...2 days ago
- Transmission Gully could need new builder – Infrastructure Commission reviewFailing to anticipate the complexity of the consenting system is being cited as the the current builder's shortcomings, an Infrastructure Commission review says. ...2 days ago
- Transmission Gully could need new bulider – Infrastructure Commission reviewFailing to anticipate the complexity of the consenting system is being cited as the the current builder's shortcomings, an Infrastructure Commission review says. ...2 days ago
- Proposed repeal of Oranga Tamariki Act section 7AA breaches Treaty of Waitangi – TribunalThe government is planning to repeal Treaty obligations from the Oranga Tamariki Act. ...2 days ago
- Committee Silences Majority Of Submitters On Fast-track Bill350 Aotearoa is calling the Environment Select Committee’s decision to allow oral submissions from just 40% of individual, unique submitters who asked to speak to the committee ‘a disgraceful blight to democracy’. ...2 days ago
- Sky-high vanity: constructing the world’s tallest buildings creates high emissionsSource: The Conversation (Au and NZ) – By James Helal, Assistant Dean (Sustainability), The University of Melbourne Dubai skyline AleksandarPasaric/Pexels Since ancient times, people have built structures that reach for the skies – from the steep spires of medieval towers to the grand domes of ancient cathedrals and mosques. Today ...2 days ago
- How can we measure the size of Australia’s illegal cannabis market – and the billions in taxes t...Source: The Conversation (Au and NZ) – By Jenny Williams, Professor of Economics, The University of Melbourne Canna Obscura/Shutterstock At the end of this month, a senate inquiry by the Legal and Constitutional Affairs Legislation Committee is due to hand down its report on a bill to legalise cannabis. ...2 days ago
- Wearable devices can now harvest our brain data. Australia needs urgent privacy reformsSource: The Conversation (Au and NZ) – By Edward Musole, PhD Law Student, University of New England Girts Ragelis/Shutterstock Recent trends show Australians are increasingly buying wearables such as smartwatches and fitness trackers. These electronics track our body movements or vital signs to provide data throughout the day, with ...2 days ago
- Labour Up, Greens Down But Centre-Right Remains AheadThis is the first time since February that voters have had a net positive view of the country direction. ...2 days ago
- RNZAF Hercules, NZDF Personnel Arrive In Papua New Guinea To Help Distribute Relief SuppliesPapua New Guinea experienced a significant earthquake on 24 March in East Sepik and there has also been recent flooding there and in surrounding provinces. ...2 days ago
- Sleep wrinkles are real. Here’s how they leave their markSource: The Conversation (Au and NZ) – By Yousuf Mohammed, Dermatology researcher, The University of Queensland Maridav/Shutterstock You wake up, stagger to the bathroom and gaze into the mirror. No, you’re not imagining it. You’ve developed face wrinkles overnight. They’re sleep wrinkles. Sleep wrinkles are temporary. But as your ...2 days ago
- Week in Politics: Triumph and disaster, but no austerityAnalysis - A big announcement about Auckland's water woes was overshadowed by a chaotic press conference about prisons, Peter Wilson writes. ...2 days ago
- Community Groups Furious That Government Silencing Hundreds In Fast-Track HearingsThe Environment Select Committee has just announced that 60 percent of individuals who asked to speak at the hearings will not be heard. This equates to almost 700 people who made individual submissions and more than 1000 more who made a form submission. ...2 days ago
- Review: Swan Lake is a reminder of how much work it takes to look effortlessThe Royal New Zealand Ballet is performing Swan Lake around the country. What kind of dream does the ballet sell? Before going to see the Royal New Zealand Ballet perform Swan Lake, I had about as much familiarity with the plot of this ballet as could be expected from having ...2 days ago
- The Friday Poem: ‘High Tide at Local Maxima’ by Eamonn TeeA new poem by Auckland poet Eamonn Tee. High Tide at Local Maxima It is only going to get worse. The streams will be narrow and fickle. The week will bend and buckle like a pot-bellied waist. You will make it to the weekend with one ...2 days ago
- The plastic-heavy drinks industry is in for a shake-upThe New Zealand entrepreneur behind beauty business Ethique is gearing up to launch a new eco-venture. This is an excerpt from our weekly environmental newsletter Future Proof. Sign up here. Our thirst for a tasty bevvy is insatiable, but it comes with a hefty plastic price for the planet: 580 billion ...2 days ago
- The Unity Books bestseller chart for the week ending May 10The only published and available best-selling indie book chart in New Zealand is the top 10 sales list recorded every week at Unity Books’ stores in High St, Auckland, and Willis St, Wellington. AUCKLAND 1 James by Percival Everett (Mantle, $38) A retelling of The Adventures of Huckleberry Finn from ...2 days ago
- Puna calls for Pacific ‘journalistic vigilance’ in face of climate crisisBy Kamna Kumar in Suva Pacific Islands Forum Secretary-General Henry Puna stressed the importance of media freedom and its link to the climate and environmental crisis at the 2024 World Press Freedom Day event organised by the University of the South Pacific’s journalism programme. Under the theme “A Planet for ...2 days ago
- Downsizing Of ERO Inconsistent With Govt Priority Of Lifting Student AchievementThe PSA is concerned that Government spending cuts have forced ERO to downsize at a time when student achievement is a significant challenge. ...2 days ago
- Education Review Office set to cut 13 jobs, union saysThe Education Review Office is set to cut 13 jobs, the Public Service Association says. ...2 days ago
- Judith Collins announces $571 million Defence spend-upAn extra half a billion dollars is going to Defence in this year's Budget for pay and equipment upgrades, the Defence Minister has announced. ...2 days ago
- This new TVNZ anthology is Motherhood as you’ve never seen it beforeTara Ward previews a new local TV series offering alternative visions of motherhood. This is an excerpt from our weekly pop culture newsletter Rec Room. Sign up here. A woman is clambering up the side of her two-story house, clinging desperately to a drainpipe. Nearby, her child is perched on the ...2 days ago
- LGNZ Supportive Of Cross-party Approach To Climate AdaptationLocal Government New Zealand (LGNZ) is supportive of the cross-party approach to climate adaptation announced by the Minister of Climate Change today. ...2 days ago
- SBC And CLC Welcome Bipartisan Climate Adaptation InquiryThe Sustainable Business Council (SBC) and Climate Leaders Coalition (CLC) welcome today’s announcement from Government around a bipartisan inquiry into an enduring climate adaptation framework for New Zealand. ...2 days ago
- Another Victory For Free Speech: DIA Abandons Proposals For Online CensorshipThe Free Speech Union welcomes the decision by the Department of Internal Affairs, and Minister Brooke Van Velden, to abandon proposals to further regulate online speech. ...2 days ago
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Austerity is oppression of the people under another name. Rolling back government services so that the 1% can transfer more of the nation’s wealth to themselves
And the rich will become even wealthier while everybody else is pushed further into poverty. Just as been happening over the last 30+ years.
Great topic.
The austerity being forced on NZ is I believe more extreme than in any other OECD country – but try looking for austerity as a theme in the NZ mainstream media. There are stories about Spain and Greece and the UK to be sure but in each of these countries government spending as a percentage of GDP is way higher than in New Zealand despite the benefits of scale in those countries.
A cursory look at the Stuff and NZ Herald websites shows that using the term ‘austerity’ to describe the government’s approach to public spending seems to have fallen out of favour even as the levels of public spending have fallen more rapidly.
However IMF derived data shows the general falling trend and NZ is an outlier even amongst countries regarded as “in austerity” https://datamarket.com/data/set/1h79/general-government-total-expenditure-percent-of-gdp#!ds=1h79!1ewr=1h.50.z.3p.3y.4x&display=line
The Finance Minister is on record as wanting to reduce public spending as a % of GDP to 25-26% over 6 years from 2014 so the graph for outyears underestimates the government’s intention. http://www.publicgood.org.nz/2014/05/15/spending-to-gdp-ratio/
The problem with not living within your means is eventually you run out of spending other people’s money. In this regard running a country is not much different to running your own finances.
Nation-states aren’t households: debating their economies as if they are is stupid
The Economy is Not Like a Household
A country cannot spend other people’s money as all the money in circulation belongs to the government. People have it only temporarily and savings cause the economy to grind to a halt.
The big problem we have is that the capitalists have persuaded us that all wealth comes from the private sector when the reverse is true – all wealth comes from the community.
John you are living in fantasy land.
Running a country’s economy is vastly different from running your own finances, Your argument is a right-wing meme that has been swallowed as a truth by a large part of the New Zealand electorate.
Governments can print money. Sure it will cause inflation but you can’t do that with your own finances!
All government spending comes down to spending other people’s money. The more the government redistributes this money from the richest people to the poorest, the better the economy runs. Austerity is a policy to produce a sick economy
Also
https://en.wikipedia.org/wiki/Wage_theft
Thanks for the link, Draco T.
That is one of the most perceptive and intelligent analyses of the idiocy that underlies Neoliberal economic policy that I have read.
This quote from the article summed it up nicely and I think is worth pasting here:
“But all this [Neolib economic policy as pushed by the Nats for example] is economic bunk. Government spending is not a zero sum game in which individual policy costs must be matched by corresponding ‘savings’ elsewhere. Governments can raise money not only through taxation but also by borrowing, creating money, and investing for growth. ”
I have never been convinced that nation-state economic policy is a zero sum game. I’m delighted to see that there might be a few others out there who think likewise.
I totally agree that a countries wealth is determined by its citizens not the private sector. The private sectors role is to provide us with goods and services that we want and we pay through prices they charge as part of the money go around. I also agree that borrowing to invest has its advantages provided the returns on that investment equals or exceeds the amount borrowed. Governments have been doing this for years. I have also borrowed to make my life more convenient so I understand fully the rationale for borrowing. However the question arises how much to borrow and exactly where to invest that borrowing given at some point it has to be paid back. That is a basic financial rule whether it’s your own home or whether you are the Government.