National will be gutted – Moodys gives New Zealand an Aaa credit rating

Written By: - Date published: 12:47 pm, September 23rd, 2018 - 59 comments
Categories: Amy Adams, business, capitalism, Economy, grant robertson, labour, national, Politics, same old national - Tags:

Remember all the doom and gloom about the country’s economic future and how the economy was going to hell in a hand basket and how business confidence was crashing?

Moodys must have missed the memo because they have recently confirmed New Zealand’s Aaa AAA credit rating.

In response Grant Robertson has said this:

The Coalition Government is welcoming another sign that our economic plan and decisions to run surpluses and pay down debt are paying off for New Zealand, Finance Minister Grant Robertson says.

International credit rating agency Moody’s last night reaffirmed its Aaa rating with a stable outlook on the New Zealand Government’s financial position – the highest score it is able to give.

“In its latest update on New Zealand, Moody’s says the Government’s fiscal management has created the space needed for investment in areas like infrastructure, affordable housing, education and policies to support families. This is exactly what we planned for at Budget 2018 – while continuing to live within our means by running sustainable surpluses,” Grant Robertson said.

“Moody’s says they expect New Zealand’s growth to be stronger in the next few years than other Aaa-rated countries. They also say our debt reduction track will see government debt fall significantly lower than other Aaa countries.

“As Moody’s notes, this is important because New Zealand is more susceptible to the classic rainy day – natural disasters and changes in the international economy – than some of our peers.

“That’s exactly why we are staying within the Budget Responsibility Rules. These include running sustainable surpluses, getting net debt down to 20% of GDP within five years, and making sure government expenses remain under control and in line with what Governments over the past 20 years managed.

The National Party has predictably not taken this well.  Amy Adams has come out with this jumble of words.  The headline “Moody’s praises National legacy now being eroded” makes no sense.  Moody’s has maintained New Zealand’s current rating, not decreased it.  And just to pick two examples Auckland’s Regional Fuel Tax allows for investment in much needed infrastructure and cancelling the last planned tax cuts allowed for investment in affordable housing, education and policies to support families and both results are important for continued economic stability.

Of course there is a very valid debate to be had on the Budget Responsibility Rules and if they are too tight.  As noted by Robertson compared to other AAA rated economies our debt levels are very low even though National spent up large on the country’s credit card in its last term.

59 comments on “National will be gutted – Moodys gives New Zealand an Aaa credit rating”

  1. Rae 1

    Gutted? They will be trying to take the credit for it.

  2. Morrissey 2

    Excellent news! However, our friends over at another blog are not too impressed…

    https://www.kiwiblog.co.nz/2018/09/general_debate_23_september_2018.html/comment-page-1#comment-2316326

  3. Kat 3

    “It is good news for the New Zealand economy that Moody’s Investors’ Service has affirmed our Aaa rating but we shouldn’t let the Government now waste it, National’s Finance spokesperson Amy Adams says.

    Curiously the “sharp as a tack” Amy ‘I know what GDP is’ Adams missed reading this part: “Moody’s says they expect New Zealand’s growth to be stronger in the next few years than other Aaa-rated countries.”

    Definitely a weak, leaking, in chaos and pitifully led National opposition.

    • Morrissey 3.1

      the “sharp as a tack” Amy ‘I know what GDP is’ Adams…

      I presume from the quotation marks that you’re being sarcastic.

      Because “sharp as a tack” is the LAST thing I would think of to describe Amy Adams.

      • Kat 3.1.1

        And coming from “Mother of all Budgets” country I should have mentioned “fierce” as well: New Opposition finance spokeswoman Amy Adams will be a “fierce” marksman against a Government in danger of “squandering” New Zealand’s economic gains, says National Party leader Simon Bridges.

      • Ross 3.1.2

        “sharp as a tack” is the LAST thing I would think of to describe Amy Adams.

        Cold as ice springs to mind. Come to think of it, I can’t recall her ever smiling.

  4. Dukeofurl 4

    Flaws in other parts of Adams piece
    “Moody’s also praised National’s debt reduction, pointing out that ‘the central government’s gross debt fell to 26.5 per cent of GDP in 2017 from a recent peak at 31.3 per cent in 2012.’

    Gross debt ? What that means is that national borrowed to the hilt but our sovereign wealth funds in the Cullen Fund and ACC grew even faster. They used to count EQC as well but thats empty.
    I wonder how we got the Cullen Fund of something like $8 bill of taxpayers money into $37 bill last year.

    And we can clearly see why nationals debt ratio was declining while borrowing was increasing ( despite an nominal accrual ‘surplus’)
    https://www.stuff.co.nz/business/97337661/nz-super-fund-reveals-a-20-per-cent-return-in-12-months

  5. Vaughn 5

    Good post, Micky.
    In my life, I’ve learned four things about the Tory politician and their perception of themselves:
    1. They have a strong sense of entitlement
    2. They are born to rule
    3. They are masters of managing the economy
    4. They are never wrong.
    While I’m sure others will have their own items for this list, I could add a fifth observation:
    5. They will be hating this latest piece of news, especially having occurred as it has under Jacinda’s watch. Ouch.

    • Draco T Bastard 5.1

      In my life, I’ve learned four things about the Tory politician:

      To clarify, that would be what the Tory politicians believe about themselves which are manifestly untrue.

      Except the last one.

    • joe90 5.2

      Arsehole values are universal.

      Asshole Culture has carved out a very clear, unsavory role in American film, literature and life. Entitled, wealthy, bros who take what they want, treat everyone around them like shit and then rise to positions of power is practically a cliche it's so common.— David Rothkopf (@djrothkopf) September 22, 2018

      (thread)

      https://threadreaderapp.com/thread/1043496223259418625.html

    • OnceWasTim 5.3

      Unfortunately @ Vaughn, over the past decade, probably gradually over the past 30 years, the same can be said of our senior public servants in both central and local government.

      Good news however if your subscribe to the idea that the ratings agencies are the world’s economic sages. I wonder who rates the rating agencies. I seem to remember we had a bit of a problem 10 years ago

  6. Draco T Bastard 6

    Of course there is a very valid debate to be had on the Budget Responsibility Rules and if they are too tight.

    Actually, the question is if a country that has its own currency even needs a credit rating. It’s not as if the government needs to borrow or ever should. Under those conditions that country’s deficit should be the same as the growth rate.

    It’s only the delusion that the government needs to borrow at all that the idea that it needs a credit rating and budget responsibility rules even applies.

  7. Incognito 7

    So, this Government is equal or better at managing the economy than National. I’m so glad that this issues has been cleared up once and for all. It is BAU for NZ (code word: economic stability) as we fully comply with international ‘guidance’ on how to run an economy within the neoliberal framework that benefits the few disproportionally more than the many.

    Unlike Amy Adams’ press release, Moody made no direct reference to the previous (National-led) government).

    Interestingly, Moody also didn’t mention immigration or population growth as far as I can tell.

    https://www.moodys.com/research/Moodys-affirms-New-Zealands-Aaa-ratings-maintains-stable-outlook–PR_387946

    • Stunned Mullet 7.1

      I would recommend everyone read the full report – it’s surprisingly balanced.

      “The very high strength of New Zealand’s institutions is a key factor underpinning New Zealand’s Aaa rating. It manifests in very high government and policy effectiveness to respond to both gradual changes in the economic or social environment and sudden shocks.

      New Zealand’s fiscal institutions have a strong record of managing shocks through effective fiscal policy, while demonstrating fiscal discipline over the long term. Fiscal metrics improved swiftly in the aftermath of the 2008 recession and the 2011 Canterbury earthquake; they continued to improve through the downturn in commodity prices from 2014-2016 and the Kaikoura earthquake in late 2016. The central government’s gross debt fell to 26.5% of GDP in 2017 from a recent peak at 31.3% in 2012.

      Moody’s expects the coalition government comprising Labour Party, New Zealand First and the Green Party, elected in September 2017, to remain committed to fiscal discipline, as shown in the budget’s projections for continued fiscal surpluses and government debt reduction. In line with the government’s projections, Moody’s forecasts that the budget will remain in surplus and that gross central government debt will edge down to 26% of GDP in 2019 and likely fall further thereafter, significantly lower than many other Aaa-rated sovereigns.”

      • Incognito 7.1.1

        Well, thank you! That’s why I provided the link …

        • Stunned Mullet 7.1.1.1

          You provided little more than a thinly disguised smear of the last governments.

          • Stuart Munro 7.1.1.1.1

            Didn’t the last govt get downgraded? Standard & Poors, 2011.

            You could of course hark back to 2009 and blame the GFC, but real rockstars wouldn’t want or need to make such pitiful excuses.

          • Incognito 7.1.1.1.2

            Your obvious bias is blinding you and affecting your reading comprehension as well.

            Please point out the smear of the last governemnts [sic l] in my comment.

            You obviously completely missed my thinly disguised criticism of the current Government. Never mind.

            At least I provided the link. You, on the other hand, only quoted verbatim what was in the link without proper reference. You can obviously type so I have to put it down to sheer laziness on your behalf.

      • Dukeofurl 7.1.2

        Still repeats the false mantra of gross debt. The reason for that fall was because the Super fund and ACC funds greater increase which meant the NETT debt ratio was lower. Gross debt ratio is more like 45% of GDP( 205 bill GDP. $85 bill + ddebt)

      • WILD KATIPO 7.1.3

        Home Brew – Listen To Us (feat. Tourettes) – YouTube

  8. Bill 8

    The Coalition Government is welcoming another sign that our economic plan and decisions to run surpluses and pay down debt are paying off for New Zealand, Finance Minister Grant Robertson says.

    Is it unfair to suggest that this really isn’t much more than Brownie Points getting handed out for demonstrating an acceptable level of adherence to (bankrupt) liberal economic theory?

    And it also unfair to suggest that we, Jo Public, are now expected to gasp in a state of dumb wonderment at the adroitness of an economic disciple offering up exactly what economic High Priests ordered?

    living within our means“running sustainable surpluses”“rainy days” etc is all nauseating bullshit that Robertson’s spouting off the back of (or so it seems) viewing a national economy as a scaled up household.

    But yay. Triple A. Well done. (fcks sake)

    • Molly 8.1

      Agree. The so-called independence of rating agencies was reasonably brought into question when the 2008 financial crisis was reviewed.

      Their income is inextricably linked to financial services, and ratings are influenced accordingly.

      Primarily, the measure of ratings, as you mention, are aligned with a certain perspective, and not one that includes the general wellbeing of the populace of NZ.

  9. Point taken Bill, but many wanting reliable growth in their super, low cost mortgages and a steady supply of work will be saying “Yay” IMO.

    Expecting a Coalition Government to bring about sharp change won’t happen.
    They are doing their best to balance differing views and expectations within a frame.

    They are trying to go towards a distribution of wealth and dealing with anomalies in laws which have disadvantaged many, ( too slowly according to many).

    However they have managed to begin this process without “scaring the horses”, Moody’s being one of the “nags” in question.
    Had they caused Moody’s any concern our costs of borrowing would have risen as our rating sank.

    • Bill 9.1

      This government won’t bring about change (sharp or otherwise) because it’s ideologically comfortable with the status quo and simply having their shot at “playing manager”.

      WInston Peters didn’t sign NZF up to the austerity framework that the government’s hanging everything from. James Shaw’s merely a fucking idiot who got duped by Robertson ( at least I hope he’s a duped idiot and not an enthusiastic idiot like Robertson).

      So the opportunity was there. Everyone’s struggling to hold steady or going backwards. Generally speaking, people have had enough.

      Retirement savings and low cost mortgages versus quality and free healthcare, quality free education? Higher wages versus starvation wage job vacancies? It would be nice to be given a choice.

      There’s plenty of evidence suggesting that any politician or political party promising to rip up the liberal play book gets rewarded at the voting booth – Trump, Corbyn, Cortez and the other Progressives taking on the Democratic Party, Sturgeon, Five Star, Podemos, Syriza….

      • Kat 9.1.1

        You are not going to get the “change” (economic revolution) you are looking for Bill anytime soon, but there will be incremental change. With Jacinda and Winston at the helm we are likely to experience a more sunny side of capitalism, should the coalitions tenure in power prevail.

        The only alternative is more of Nationals brighter future for the top 10% and their cronies.

        • adam 9.1.1.1

          WOW a TINA, it’s not the 80’s Kat.

          “This is no time to engage in the luxury of cooling off or to take the tranquilizing drug of gradualism.”

        • Bill 9.1.1.2

          Social democratic priorities and the change in economic settings that’s required to pursue them are a million distant miles from anything that might be sensibly regarded as an economic revolution 🙄

  10. alwyn 10

    MickySavage states in his comment that New Zealand has a AAA rating.
    It doesn’t. It has an Aaa rating from Moodys who use that form for ratings.

    AAA is used by the other 2 major rating agencies S&P and Fitch but not by Moodys.
    They actually rate New Zealand as AA. (They rate Australia as AAA).
    It may seem a minor point but the banking system do actually care which Rating Agency issued the grade and it would be nice if commenters actually understood the things they are talking about and the difference between the Agencies.

    Moodys are the only Agency to lift their rating for New Zealand since 2011. They raised the New Zealand rating to Aaa in March 2017.

    It is still nice that Moodys have continued their high grade for New Zealand of course. It would probably be different if the Labour-led Government was to abandon their Budget Responsibility Rules.

    [And I thought it was a type. Now corrected – MS]

    • Dukeofurl 10.1

      Auckland council Moody’s rating Aa2, which causes right wingers heads to explode

      • alwyn 10.1.1

        You should read the rating agency raison d’etre.
        They don’t actually care in the slightest what you spend the money on.
        All they care about is whether you are likely to be able to pay the interest and return the capital on the due dates.
        Spend it on a tram system or a sewerage system, it’s all the same to them.
        Just as long as they think you’ll cough up to the people you borrow from when the debt comes due.

        • Patricia Bremner 10.1.1.1

          So right Alwyn. Must admit I’m rather shocked to be agreeing with you.

        • Dukeofurl 10.1.1.2

          Yet the right wingers still claim Aucklands credit rating is stuffed or the Council is ‘bust’

          And if it was just based on councils power to compel rates to be paid, then all NZs councils would be near the Aa region . They arent.

  11. Brian Tregaskin 11

    I said it before and il say it again big business in New Zealand will keep the winter of discontent going right up to the next election.
    Call their bluff and put company tax back up to 39%.

    • alwyn 11.1

      “put company tax back up to 39%” you say.

      God, you must be both very old and have an excellent memory.
      It is more than 30 years since the Corporate tax rate was that high.
      It hasn’t been over 33% since about 1987.
      Do you really want to go back to the way things were when Muldoon was King?

      • In Vino 11.1.1

        Sorry, alwyn, but I remember very well how well-off people in general were BEFORE Muldoon, and I do not think our society is healthier now than it was then.
        We are on the threshold of a hell-hole of a society, mainly because of unwise policies since Muldoon himself started the downward trend with his autocratic bullshit.

    • greywarshark 11.2

      Good idea Brian T, with a proviso. That 39% tax on profits will be diminished on the basis of the number of NZ residents that they employ under reasonable working conditions. Or that number, plus extra off for the number they put through a planned work introduction and training system. That would apply to all NZ businesses over a certain size, and even perhaps to individual tradesmen who if they would take on one extra guy or woman would be helped with their job organisation and costs would be offset by a generous tax advantage to make up for the effort of responsibility for the offsider.

      Because it would apply to all companies, there would be a level playing field, and a huge boost to NZ workers and spending power with a great ripple effect on money in people’s hands and a boost to the mindset of young men to a hopeful one where they can feel part of society and respected for themselves and their skills. (I think it is young men who are the biggest suicide numbers.)

  12. jcuknz 12

    It is good to have both sides , or two versions, of this available thanks to the internet…. and also that The Standard lets opposing view stand on this thread…. it is good there has been no change as any reduction would cost the country.
    Really BT if they did that the rating would go down for sure in view of other and competing countries reductions since it would really stuff the country’s efforts to survive in the world competition.
    Without business earning foreign exchange we all would be worse off by a long way.

    • greywarshark 12.1

      jcuknz
      Without business earning foreign exchange we all would be worse off by a long way.

      You are quite right. Since the decision in the 1980s to go gangbusters on exporting there has been little interest in NZ for NZs and a growing reliance on imported products. A very chancy situation that has left us with little resilience and has undermined our economy and our respect for our own citizens standard of living. This mania has to be adjusted, from its present skewed position that will lean further until we topple.

      Think of NZ as the leaning tower of Pisa, without the particular foundations and type of ground that seems to support it despite its lean, along with the strength of the building and quality of its materials. NZ fails in these qualities; poor quality buildings, poor materials, shaky ground etc. A parallel for our economy and society. We need to make changes to our present path that will take a concerted actions of thoughtful people who care about people living here, and bring wisdom, experience, commitment to the country and people’s welfare, and pragmatism.
      Not simple-minded tub-thumpers or conservatives. Difficult, i don’t think we can make it but hope keeps trying to grow, like a weed.

      • jcuknz 12.1.1

        Part of my feelings on that subject come from memory of TV’s costing four or five times in NZ than what folk on holiday in Fiji could get them for…. TV that were made in Japan or somewhere, disassembled so that Kiwis could re assemble them in some small town in NZ.
        I agree that NZ industry should be encouraged but not if they cannot compete with imports.

        • greywarshark 12.1.1.1

          Cheapness isn’t everything jcuknz. The decision of how an economy is going to be balanced, how life opportunities are going to be balanced so that the whole country can prosper, goes beyond slooking at differing price levels for objects of desire. People say now that NZ is an expensive country to live in. That’s after the concerns of people with your perspective have been met!

  13. One Two 13

    Where do the ratings agencies get their funding…

    CDO – AAA+
    CDS – AAA+

  14. NZJester 14

    The Aaa rating was only kept during the last National government’s term due to the Labour government before them having paid off our international debt. It is amazing that with all the reckless borrowing and spending of National that NZ was not heavily downgraded. Borrowing for a crisis like Christchurch is one thing, but they wasted a lot of it on tax cuts and vanity projects that did nothing for the NZ economy.

  15. Says it all…

    Home Brew – Listen To Us (feat. Tourettes) – YouTube

    • Takes a while to load and comments on the original you tube make the same observations…

      Critical of John Key and the National party,- seems someone got to some right wingers in the GSCB to jerry rig the play time… c’mon , boys,… you can do better than that… are you afraid of democracy so much so you have to impede, stonewall and try all sorts of delaying tactics to ‘censor’ your ideologues wishes ?

      Get a life.

      Just get a life, why don’t you…

      Pathetic.

  16. Ross 16

    Let’s not forget that our beloved former PM, John Key, claimed that Standard and Poor’s would’ve downgraded our credit rating, or were more likely to do so, under a Labour government. He lied.

    https://www.radionz.co.nz/news/political/87882/standard-and-poor%27s-rejects-pm%27s-claim

  17. cleangreen 17

    100% to Micky, Wild Katipo and Ross.

    National get a spine and admit that Labour are being very frugal with spending as better adminstrators of finance tha National was when spending millions on flag refendums, smelters, Warner brothers movie companies, and “roads to no-where”.

  18. soddenleaf 18

    Stupid argument. Ratings are not a reflection of our economy, if we were a slave nation and had good govt balances…

    …despite our noted risk premium, due to our endemic poor productivity, due to our conservative elite who think it’s cost effective to hugger the poor. Productivity is a measure not of things but of we the people, since half the people are poor by dfn, to have the rulers talkjng down, enacting laws that are rigged against the poor yet supposedily are call efficient… …like how is paying too much for energy, whenthey work to jobs and can’t hire a energy broke….

    Sorry, but it ludicrous the Nats are seen as competent, these people are insanely mad and angry about everyone and everything, esp. the present govt.

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    This open letter to the Green Party was penned after an opinion piece by Jill Abigail, a feminist and founding member of the party, was censored by the Greens’ leadership. (Redline has reprinted her article here).The intolerance of the Green Party leaders and their acceptance of the misogyny of gender ...
    RedlineBy Daphna
    4 days ago
  • Member’s Day: End of Life Choice, part 3
    Today is a Member's day, and David Seymour's End of Life Choice Bill continues its slow crawl through its committee stage. They're spending the whole day on it today, though the first hour is likely to be spent on voting left over from last time. After that they'll move on ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • Flight to Los Angeles turned back after passengers decide they don’t want to go anymore
    An ambitious plan to fly to Los Angeles petered out into a brief sight-seeing trip and a desire to return home and get some sleep before work tomorrow. Air New Zealand has confirmed a flight to Los Angeles last night was turned back about a quarter of the way into ...
    The CivilianBy admin
    5 days ago
  • Indigenous Futures: defuturing and futuring – an analytical framework for policy development?
    There appears to be consensus – by omission – that the concept of indigenous futures should be accepted at face value. So I scavenged the internet to see if I could locate an academic descriptor or a framework around how we think about it as a concept, and whether it ...
    EllipsisterBy Ellipsister
    5 days ago
  • Cadbury rumoured to be releasing the Pineapple Trump
    Here’s another novelty chocolate to shove in your gob, New Zealand Cadbury could be seeking to make itself great again with a rumoured new release: Pineapple Trumps, a spin on its classic chocolate-encased pineapple treat and do-it-yourself tooth remover. The global confectionery manufacturer and bumbling “before” character in an infomercial, ...
    The CivilianBy admin
    5 days ago
  • The coming resource war.
    During my time in the Pentagon I had the privilege of sitting down with military leaders and defence and security officials from a variety of Latin American nations. Sometimes I was present as a subordinate assistant to a senior US defence department official, sometimes as part of a delegation that ...
    KiwipoliticoBy Pablo
    5 days ago
  • Māori Language Week with The Civilian
    Kia ora, Aotearoa. It’s that magical time of year. Te Wiki o te Reo Māori. In English, the week that frightens talk radio. As you probably know by now, all your favourite media outlets are participating, some more successfully than others. Stuff has changed its name to Puna for the ...
    The CivilianBy admin
    5 days ago
  • Will Horizons act on climate change?
    Local body elections are coming up next month. And it looks like all Palmerston North candidates for Horizons (the Manawatu-Whanganui Regional Council) want to take action on climate change:Climate change is set to be a key issue in Palmerston North for the next three years if those wanting to get ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • BORA reform is stalled
    Eighteen months ago, the government promised to strengthen the Bill of Rights Act, by explicitly affirming the power of the courts to issue declarations of inconsistency and requiring Parliament to formally respond to them. So how's that going? I was curious, so I asked for all advice about the proposal. ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Corbyn and Brexit
    As the Brexit saga staggers on, the focus is naturally enough on the Prime Minister and his attempts to achieve Brexit “do or die”. But the role played by the Leader of the Opposition is of almost equal interest and complexity. The first problem for Jeremy Corbyn is that he ...
    Bryan GouldBy Bryan Gould
    5 days ago
  • A ditch for him to die in
    Last week, English Prime Minister Boris Johnson boldly declared that he would rather die be dead in a ditch than delay Brexit. Unfortunately for him, the UK parliament accepted the challenge, and promptly dug one for him. The "rebellion bill" requires him to ask for and secure yet another temporary ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Warning! Warning! Danger Jacinda Ardern! Danger Marama Davidson! Warning!
    Lost In Political Space: The most important takeaway from this latest Labour sexual assault scandal, which (if I may paraphrase Nixon’s White House counsel’s, John Dean’s, infamous description of Watergate) is “growing like a cancer” on the premiership, is the Labour Party organisation’s extraordinary professional paralysis in the face of ...
    6 days ago
  • Union solidarity with Ihumatao land occupation
    by Daphna Whitmore Every Sunday for the past two months unionists from First Union, with supporters from other unions, have set out to the Ihumatao land protest, put up gazebos and gas barbeques, and cooked food for a few hundred locals and supporters who have come from across the country. ...
    RedlineBy Daphna
    6 days ago
  • Climate Change: The wrong kind of trees?
    Newsroom today has an excellent, in-depth article on pine trees as carbon sinks. The TL;DR is that pine is really good at soaking up carbon, but people prefer far-less efficient native forests instead. Which is understandable, but there's two problems: firstly, we've pissed about so long on this problem that ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • No freedom of speech in Turkey
    Canan Kaftancioglu is a Turkish politician and member of the opposition Republican People's Party (CHP). Like most modern politicians, she tweets, and uses the platform to criticise the Turkish government. She has criticised them over the death of a 14-year-old boy who was hit by a tear gas grenade during ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • Speaker: Tadhg Stopford: Why I’m standing for the ADHB
    Hi there, just call me Tim.We face tough problems, and I’d like to help, because there are solutions.An Auckand District Health Board member has nominated me for as a candidate for the ADHB, because her MS-related pain and fatigue is reduced with hemp products from Rotorua.  Nothing else helped her. If I ...
    6 days ago
  • Good little vassals
    The Inspector-General of Intelligence and Security has published their report on whether the SIS and GCSB had any complicity in American torture. And its damning. The pull quote is this:The Inquiry found both agencies, but to a much greater degree, the NZSIS, received many intelligence reports obtained from detainees who, ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • Who Shall We Turn To When God, And Uncle Sam, Cease To Defend New Zealand?
    Bewhiskered Cassandra? Professor Hugh White’s chilling suggestion, advanced to select collections of academic, military and diplomatic Kiwi experts over the course of the past week, is that the assumptions upon which Australia and New Zealand have built their foreign affairs and defence policies for practically their entire histories – are ...
    6 days ago
  • The Politics of Opposition
    For most of the time I was a British MP, my party was out of government – these were the Thatcher years, when it was hard for anyone else to get a look-in. As a front-bencher and shadow minister, I became familiar with the strategies required in a parliamentary democracy ...
    Bryan GouldBy Bryan Gould
    6 days ago
  • More expert comments on the Canadian fluoride-IQ paper
    The Green et al (2019) fluoride/IQ is certainly controversial – as would be expected from its subject (see If at first you don’t succeed . . . statistical manipulation might help and Politics of science – making a silk purse out of a sow’s ear). Anti-fluoride campaigners have been actively promoting it ...
    1 week ago
  • The return to guerrilla war in Colombia
    by Gearóid Ó Loingsigh On August 29th a video in which veteran FARC (Revolutionary Armed Forces of Colombia) commander Iván Márquez announced that they had taken up arms again was released. There was no delay in the reaction to it, from longtime Liberal Party figure and former president Uribe, for ...
    RedlineBy Admin
    1 week ago
  • Air New Zealand identifies this enormous plot of unused land as possible second airport site
    Air New Zealand couldn’t believe its luck that this seemingly ideal piece of real estate had so far gone entirely unnoticed. Air New Zealand’s search for a site to build a second Auckland Airport may have made a breakthrough this afternoon, after employees scanning Google satellite imagery spotted a huge, ...
    The CivilianBy admin
    1 week ago
  • Redline on the Labour Party
    No-one on the anti-capitalist left in this country today puts forward a case that Labour is on the side of the working class.  There are certainly people who call themselves ‘socialist’ who do, but they are essentially liberals with vested interests in Labourism – often for career reasons. Nevertheless, there ...
    RedlineBy Admin
    1 week ago
  • New Fisk
    No Right TurnBy Idiot/Savant
    1 week ago
  • Labour’s failure
    When National was in government and fucking over the poor for the benefit of the rich, foodbanks were a growth industry. And now Labour is in charge, nothing has changed: A huge demand for emergency food parcels means the Auckland City Mission is struggling to prepare for the impending arrival ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Ardern attempts to vaccinate Clarke Gayford live on television to prove that it’s safe
    Gayford, pictured here on The Project, before things got wildly out of control. A bold public relations move by the Government to encourage parents to vaccinate their children has gone horribly wrong. Prime Minister Jacinda Ardern appeared on tonight’s episode of Three’s The Project, where the plan was for her ...
    The CivilianBy admin
    1 week ago
  • Has Mr. Whippy gone too far by parking on our front lawns?
    Mr. Whippy’s business model has driven it down a dark road of intimidation. Residents in major centres around the country are becoming disgruntled by the increasingly aggressive actions of purported ice cream company Mr. Whippy, who have taken to parking on people’s front lawns and doorsteps in a desperate attempt ...
    The CivilianBy admin
    1 week ago
  • Cleaning up the water
    Today the government released its Action Plan for Healthy Waterways, aimed at cleaning up our lakes and rivers. Its actually quite good. There will be protection for wetlands, better standards for swimming spots, a requirement for continuous improvement, and better standards for wastewater and stormwater. But most importantly, there's a ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Fronting up
    Today I appeared before the Environment Committee to give an oral submission on the Zero Carbon Bill. Over 1,500 people have asked to appear in person, so they've divided into subcommittees and are off touring the country, giving people a five minute slot each. The other submitters were a mixed ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Politics of science – making a silk purse out of a sow’s ear
    Anti-fluoride activists have some wealthy backers – they are erecting billboards misrepresenting the Canadian study on many New Zealand cities – and local authorities are ordering their removal because of their scaremongering. Many New Zealanders ...
    1 week ago
  • Democracy – I Don’t Think So
    So, those who “know best” have again done their worst. While constantly claiming to be the guardians of democracy and the constitution, and respecters of the 2016 referendum result, diehard Remainers (who have never brought themselves to believe that their advice could have been rejected) have striven might and main ...
    Bryan GouldBy Bryan Gould
    1 week ago
  • Government says it will now build just one really nice home
    Following publication of this article, the Ministry has requested it to be noted that this supplied image is not necessarily representative of what the final house will look like, and it “probably won’t be that nice.” As part of today’s long-anticipated reset of the Government’s flagship KiwiBuild policy, Housing Minister ...
    The CivilianBy admin
    2 weeks ago
  • Imperialism and your cup of coffee
    Over the next week or two we will be running three synopses of parts of the opening chapter of John Smith’s Imperialism in the 21st Century (New York, Monthly Review Press, 2016).  The synopsis and commentary below is written by Phil Duncan. Marx began Capital not with a sweeping historical ...
    RedlineBy Admin
    2 weeks ago
  • Still juking the stats
    The State Services Commission and Ombudsman have released another batch of OIA statistics, covering the last six months. Request volumes are up, and the core public service is generally handling them within the legal timeframe, though this may be because they've learned to extend rather than just ignore things. And ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Hard News: Time for a New Deal: 25 years on
    In 1994, I was editing an ambitious street mag called Planet, from a fabled office at at 309 Karangahape Road. The thirteenth issue of the magazine was published in the winter of that year and its cover embodied a particularly ambitious goal: the end of cannabis prohibition.I wanted to do ...
    2 weeks ago
  • Not impressed
    KiwiBuild was one of the Ardern government's core policies. The government would end the housing crisis and make housing affordable again by building 100,000 new homes. Of course, it didn't work out like that: targets weren't met, the houses they did build were in the wrong place, and the whole ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Solar beats coal
    As the climate crisis escalates, it is now obvious that we need to radically decarbonise our economy. The good news is that its looking easy and profitable for the energy sector. Wind is already cheaper than fossil fuels, and now solar is too:The levellised cost of solar PV has fallen ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • A Step Too Far.
    A Crown Asset? For reasons relating to its own political convenience, the Crown pretends to believe that “No one owns the water.” To say otherwise would re-vivify the promises contained in the Treaty of Waitangi – most particularly those pertaining to the power of the chiefs and their proprietary rights ...
    2 weeks ago
  • Where Money Comes From
    Most people would say, no doubt, that they have a pretty good idea of what money is. They live with the reality of money every day. It is what is needed to buy the necessities of life and to maintain a decent standard of living. You get money, they would ...
    Bryan GouldBy Bryan Gould
    2 weeks ago
  • Banned by the Green Party leadership: Jill Abigail on women’s rights and trans rights
    The article below was an opinion piece that appeared in the Spring 2019 issue of Te Awa (the NZ Green Party’s newsletter) and on the Greens website.  In keeping with their policy of hostility to women defending women’s right to female-only spaces, Green bureaucrats have since removed the opinion piece.  ...
    RedlineBy Admin
    2 weeks ago
  • The fallacy of the proximity argument.
    Longer term readers may remember my complaining that, as a political scientist, it is burdensome to have non-political scientists wanting to engage me about politics. No layperson would think to approach an astrophysicist and lecture him/her on the finer details of quarks and black holes, but everybody with an opinion ...
    KiwipoliticoBy Pablo
    2 weeks ago
  • Where We Stood: Chris Trotter Replies To Stevan Eldred-Grigg.
    Joining The Fight: Stevan Eldred-Grigg's argument for New Zealand staying out of the Second World War fails not only on the hard-headed grounds of preserving the country’s strategic and economic interests; and not just on the soft-hearted grounds of duty and loyalty to the nation that had given New Zealand ...
    2 weeks ago
  • Universities back the climate strike
    On September 27, School Strike 4 Climate will be striking for a future to pressure the government for meaningful climate action. This time, they've asked adults to join them. And now, Lincoln University and Victoria University of Wellington have signed on:Victoria University of Wellington has joined Lincoln University in endorsing ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Another constitutional outrage
    Another day, another constitutional outrage in the UK. This time, the government is saying that if parliament passes a law to stop Brexit before being prorogued, they may just ignore it:A senior cabinet minister has suggested Boris Johnson could defy legislation to prevent a no-deal Brexit if it is forced ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Ending dairy in Canterbury
    Environment Canterbury has finally proposed nitrogen limits to stop dairy farmers from poisoning Christchurch's water supply. And naturally, farmers are whining about it:A proposed move by Environment Canterbury (ECan) to protect Christchurch's drinking water by setting tough – some would say, draconian – nitrate reductions in the decades ahead and ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Is National the party of climate arson?
    The Zero Carbon Bill is currently before select committee. While its targets are weak, its a generally sensible bill that promises to establish a long-term framework to guide emissions reductions. But National hasn't made up its mind on whether it will support it - and according to Andrea Vance in ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Experts warn Harold the Giraffe “well past” typical giraffe life expectancy, may not have long
    Dum-de-doo. Children across New Zealand have known him for generations as the lovable giraffe who tells them to exercise, hydrate and not to shove lit cigarettes up their nostrils. But a world renowned giraffe expert says we shouldn’t be getting attached to Life Education’s Harold the Giraffe, as he is ...
    The CivilianBy admin
    2 weeks ago
  • August ’19 – NZ blogs sitemeter ranking
    Image credit: 22 BLOGGERS WITH ADVICE FOR RESEARCHERS AND EVALUATORS, ILLUSTRATED I notice a few regulars no longer allow public access to the site counters. This may happen accidentally when the blog format is altered. If your ...
    2 weeks ago
  • Bye, bye to the collusion lie
    Sums it up, really. ...
    2 weeks ago
  • Opinion: Treat your car by buying extra petrol to snack on while you aren’t driving
    By Mike Hosking. Yesterday morning, I waltzed into work, and as I walked past the drones aggressively typing out news on the computers I’ve repeatedly asked to be moved further away from, I caught a glimpse of the words “climate change”, and noticed that suspiciously they weren’t in condescending quotation ...
    The CivilianBy admin
    2 weeks ago

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