Nice try, Roger

Written By: - Date published: 9:00 am, July 28th, 2009 - 14 comments
Categories: economy, unemployment - Tags: ,

Sir Roger Douglas has a go at my post that looks at the GDP per person gap between Australia and New Zealand and concludes that, since it doubled during the neoliberal revolution of the late 80s/early 90s, implementing more neoliberal policies is unlikely to close that gap.

His first complaint is that my numbers and his don’t match up exactly.

sir rog vs martyMy data is here on the IMF World Economic Outlook database. Sir Rog got his from the OECD. They don’t differ in trend, only in scale, and I suspect that’s because the IMF ones take into account Purchasing Power Parity and his don’t (if you’ve ever been to Aussie you know that just because your $1 NZD buys 80 cents AUS doesn’t mean that what costs $1 here costs 80 cents there, PPP adjusts for the difference). Next.

“the increasing size of the gap between Australia and New Zealand between 1984 and 1992 is easily explained by the fact that we had rising unemployment. Of course, some may blame this on the reforms, but I think a more plausible story is that the inability of the fourth Labour Government to deregulate the Labour market created unemployment problems. That is why, after the passage of the Employment Contracts Act, unemployment fell from almost 11 percent to 6 percent in just 4 years. “

Why did we have rising unemployment during the neoliberal revolution? Because the neoliberals were sacking huge numbers of workers and screwing up the economy. We don’t need to go making fanciful assumptions when there is such a simple explanation. To credit the ECA with a slow reduction in unemployment from the record highs the revolution had created is spurious. Unemployment had been as low, in fact lower, than 6% for most of the time since records began before the neoliberals starting their experiment, ie we were able to achieve low unemployment before the ECA. It went up to a record of 11% while they were tinkering and dropped when they stopped. Unemployment only got really low (to levels that were normal pre-neoliberalism) after Labour partially repealed the ECA with the Employment Relations Act and focused on getting people in jobs. Finally:

“Third, everyone is aware that policy does not have immediate effects. Take Working for Families. In the first year, it was given to just 39,000 adults. Today it is estimated to go to 688,000 adults. Policies take time to have a full effect be they good or bad.”

Ah, the ‘time delay’ play. Select a point in time when things are looking better and say ‘look, that’s due to what I did ten years ago’. Does he have any actual evidence that a plateauing of the GDP per capita gap years after he implemented his policies was due to his policies? No. The big neoliberal policies had an impact straight away. When Sir Rog and his cronies sacked tens of thousands of New Zealanders, that reduced GDP immediately both because their output was lost and because their expenditure decreased leading to more layoffs. When the National government slashed benefits several hundred thousand people had less money to spend straight away, which had a multiplier effect throughout the economy. We can see the results there in the graph.

The example of a supposedly ‘delayed effect’ that Sir Rog gives is purposefully deceptive. The number of people on Working for Familes increased because its scope was widened, not because it took time for the policy to filter through. It says something that Sir Rog’s only example a) doesn’t show what he claims b) isn’t a neoliberal revolution policy.

This guy really convinced us to sell the family silver with cheap tricks like these? Guess it was easier when the suckers voters didn’t have access to the numbers themselves.

14 comments on “Nice try, Roger ”

  1. randal 1

    when rog realised he would never be the pm then the rot set in.
    he went looking for a way to punish his erstwhile colleagues and friends in the labour movement and he found one in neo-liberal theories that are mere camoflage for stealing off the state.
    if he was in china he would be in jail by now.

  2. BLiP 2

    Douglas is like Dante’s fortune tellers – forever cursed to walk with their heads screwed on backwards and thus only able to look at yesterday. Him and Brash.

  3. Relic 3

    Rog is exactly the type that the SIS should have been checking up on if they were genuinely looking for people doing damgage to this country. And don’t anyone try and run a ‘Pinochet’ defence, -he is just an old man line, he is still in our bloody government.

  4. “Some may blame….”. That is, anyone with an ounce of intellect and integrity

  5. So Bored 5

    I only wish Dodgy Roger had the intellectual honesty to tell the truth, that his form of political economy is the promotion of those that have at the expense of those that dont have. AKA Making the rich richer nd the poor poorer. He can trot out all the trite little ditties and new right shibboleths, but he cannot substantiate any of them. And he is too dishonest to say that he is wrong despite all evidence to the contrary. He has become his own garbage bin of history, confined to his own distorted little lies.

    • Draco T Bastard 5.1

      An interesting anecdote. Over the last three centuries all the economic theories that support capitalism have been promoted by the capitalists – publishers, newspapers etc. All the theories that don’t have disappeared into the nether. Hopefully the internet can reverse this trend as there are a lot of theories out there that prove (ie, mathematical proof) that capitalism and the classical/neo-classical theories that support it are complete bunkum.

  6. Samuel Konkin 6

    Hi,

    First, the figures that Sir Roger presented are adjusted for differences in purchasing power. The figures that Sir Roger links to are converted into base years which are then adjusted for PPP over time. An explanation of this process can be found here: http://www.oecd.org/dataoecd/50/27/1961296.pdf

    Second, why did we have rising unemployment during the reforms? For several obvious reasons. One, a previous misallocation of resources will cause unemployment when those assets are liquidated. Two, labour markets were not flexible, and the huge assoicated costs of employing people meant fewer people were employed. The United States, for example, tends in the long term to have much lower unemployment figures than France – but the peaks of US unemployment are above those of France. It is entirely consistent to say that laws that seek to protect workers from the vicissitudes of the market do protect some workers, but also lock others out of the labour market completely. See: http://econlog.econlib.org/archives/2009/05/unemployment_do.html

    Third, you ask for any evidence that the reforms stopped us slipping further behind. I think Cullen would agree. After all, Michael Cullen took full responsibility for the integrity of the following statement in the December 2004 Economic and Fiscal Update:

    “New Zealand’s recent growth performance can be attributed to past structural reforms that began in the mid-1980s; which have resulted in a trend increase in New Zealand’s growth rate since the early 1990s, a more flexible economy better able to absorb adverse shocks and take advantage of favourable shocks, and sound macroeconomic policy settings. Between early 1993, at about the time when a structural change in New Zealand’s trend growth started, to now, growth averaged 3.7% per annum and per capita growth averaged 2.5% per annum. Per capita growth since the early 1990s has been sourced from both labour productivity growth and increases in labour utilisation.”

  7. Samuel Konkin 7

    Not sure if this comment is still processing through the system, but:

    First, the figures are adjusted for differences in purchasing power. The figures that Sir Roger presented are converted into base years which are then adjusted for PPP over time, as the graph makes clear. An explanation of this process can be found here: http://www.oecd.org/dataoecd/50/27/1961296.pdf

    Second, why did we have rising unemployment during the reforms? For several obvious reasons. One, a previous misallocation of resources will cause unemployment when those assets are liquidated. Two, labour markets were not flexible, and the huge assoicated costs of employing people meant fewer people were employed.

    The United States, for example, tends in the long term to have much lower unemployment figures than continental Europe – but the peaks of US unemployment are above those of Europe. Europe makes it harder to get rid of workers, so it’s only natural that when a big shock hits, U.S. unemployment rises faster. However, because it is easier for American wages to adjust and American employers to change their minds, their labor market is also relatively quick to recover. (as explained at http://econlog.econlib.org/archives/2009/05/unemployment_do.html)

    Third, you ask for any evidence that the reforms stopped us slipping further behind. I think Cullen would agree. After all, Michael Cullen took full responsibility for the integrity of the following statement in the December 2004 Economic and Fiscal Update:

    “New Zealand’s recent growth performance can be attributed to past structural reforms that began in the mid-1980s; which have resulted in a trend increase in New Zealand’s growth rate since the early 1990s, a more flexible economy better able to absorb adverse shocks and take advantage of favourable shocks, and sound macroeconomic policy settings. Between early 1993, at about the time when a structural change in New Zealand’s trend growth started, to now, growth averaged 3.7% per annum and per capita growth averaged 2.5% per annum. Per capita growth since the early 1990s has been sourced from both labour productivity growth and increases in labour utilisation.”

  8. So Bored 8

    Sam K, there are a few things that I take issue with here.
    * wheres the analysis of WHO benefitted from the growth?
    * please decode the words “Labour market flexibility” (I can, try deunionisation, lower wages, deminished conditions, easier access to profits for bosses).
    * where is the accounting for the sale of state assetts underprice?
    * where is the accounting for the repatriation of resulting profits offshore?
    I could go on, the dishonesty of the accounts given by the right are exemplified by the ridiculous TINA claims. How come countries that did not go down the neo liberal path have done so much better?

  9. Samuel Konkin 9

    @So Bored:

    First, there is no analysis of that issue. From Sir Roger’s and the Standard’s post, that issue was not in contention.

    Second, labour market flexibility, generally speaking, means recognising the importance of freedom to contract. People should be free to contract collectively if they wish, or individually if they do not. Unions should not be forced on others, nor should all be forced to bargain individually. Lower wages may sometimes be beneficial if it means more people can get jobs (for example, the effect of doctor licensing is to drive up the wages that doctors receive because less-productive doctors cannot justify earning that wage. It may be worth it from a quality perspective, but it may not. I have not seen studies on this point.)

    Third, I have yet to see any proof that the assets were sold below price. If you have any I would happily look at it.

    Fourth, I am unsure why repatriation of profit is a bad, or even relevant, outcome. After all, New Zealand dollars are not accepted in Australia. They must exchange them – and this just gives someone else New Zealand dollars. Our exports are funded by our imports and the profits that are repatriated. Unless you have foreign ownership of capital or import things, then there can be no exports.

    In the same way I am not concerned with New Zealanders owning things overseas, I am not considered with foreigners owning things here. If you are concerned, are you concerned when Aucklanders buy factories in Gore? If not, why not? Why do politically drawn borders have economic significance?

  10. So Bored 10

    Sam,

    I am not trained as an economist therefore I do not speak in terms that are exclusive to the layman (I regard economists in the same manner as I do priests and religious practitioners, it is usually a mystery that depends on faith, dogma and cannot be proven). I am however a trained historian and as such interpret events in plain language based upon observation etc. And yes we have opinions too. So in answer in everyday historian speak:

    * why no analysis of who benefits? It seems to me this is the point neo libs run for cover as they cannot deny the growth in disparity that demonstrably follows their policies.
    * labour market flexibility. My description I believe to be far more accurate if you are one of the people laid off etc. Ask a simple question: who benefits most? Who gets the gold? Why do you think Labour organised ion the first place?
    * Under priced assett sales…Telecom QED.
    * Repatriation of profits. Why talk in national terms and relativity between nations when cash can fly freely around the world? This is in reality a story as old as empires, it is the exploitation of local resources by remote capital. I can demonstrably prove in historic human terms that this is rarely neutral or beneficial. maybe some benefits might trickle down on a poor New Yorker, this does not help much in Mataura. Again the question to answer is who benefits, and is there any proportionality?

  11. Samuel Konkin 11

    On the issue of who benefits, I am perfectly happy to engage with you, if you wish to bring some claims or some data to the table. I am responding to the points made above in the post, none of which directly related to who, in particular, did well.

    In regard to who benefitted most from Labour market deregulation, I would say that probably the people who could now find jobs. Labour market deregulation saw unemployment reduce from 11 percent to 6 percent very quickly, and continue decreasing. Labour did not completely repeal the new levels of flexibility, because they were aware of the benefits.

    Saying Telecom does not prove anything. I am unsure of how to value assets. I have no technical skill in that area. I am unsuee why you, as an historian, can state this so authoritatively.

    In regard to repatriation of profit, cash can fly freely around the world, but needs to be exchanged before it can be used elsewhere. This is important.

    If you do not like foreign investment, then I repeat, do you fear investment by Aucklanders in factories in Southland? If not, why not?

  12. RedLogix 12

    In regard to repatriation of profit, cash can fly freely around the world, but needs to be exchanged before it can be used elsewhere. This is important.

    Another economist who seems to think that the Balance of Payments is neutral because it ‘all sums to zero’.

    It’s not neutral because the NZ$ floats and foreign exchange is a marketplace. If more people want to sell than buy then the NZD decreases in value, and vice-versa.

    Because NZ has a negative overseas investment to the tune of about $180b, about $12b of that is repatriated as profit overseas. It is by far the largest component of our BoP. Normally this might mean that there are a lot more NZD’s being sold than purchased and the value of the NZD would plummet.

    In order to prevent this, we have to persuade other people to buy NZD’s. We do that primarily by offering relatively high interest rates on low risk investments, so lots of people/institutions who might only get 1-2% for their cash in a bank in their home country, can get 5-6% if they stick it in an equivalent account here in NZ.

    In order to minimise the exchange rate risk they tend to place their money on short-term accounts. This has led to the situation where about $60b of the NZ mortgage market, where banks are lending long-term to NZ’ers, have funded this by borrowing very short-term (weeks or months) from overseas.

    The very real cost of running a large negative BoP (or Current Account Deficit) is the very high interest rates New Zealanders pay for their home mortgages and business funding.

  13. Samuel Konkin 13

    It is neutral precisely for the reason you identify. The fact that many others have assets denominated in NZ$ means they need to exchange them. The exchange process lowers the value of the dollar, so that the market can clear. If you are making the claim that this costs us because the value of our dollar is lower, I would reply that a low dollar has benefits and costs. If you said “This process lowers the value of our dollar which harms some people” I would agree. I never claimed anything more or less than that, and you seem to agree.

    Many countries effectively outsource their savings. America does so as well. If people thought this process was a problem, they could borrow cheaply from overseas, use the capital to buy shares in the relevant companies, and then use the profits to lend out to New Zealanders at high rates. This arbitrage would drive up the cost of others’ currency and decreae interest rates domestically. If you are really concerned that we are being exploited, I suggest you put your money where your mouth is. It seems to me – if the facts you have stated are correct – that you should be able to make easy money in this way.

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    3 days ago
  • Come on Darleen.
    Good morning all, time for a return to things domestic. After elections in the UK and France, Luxon gatecrashing Nato, and the attempted shooting of Trump, it’s probably about time we re-focus on local politics.Unless of course you’re Christopher Luxon and you’re so exhausted from all your schmoozing in Washington ...
    Nick’s KōreroBy Nick Rockel
    3 days ago
  • How the Northwest was lost and may be won
    This is a guest post by Darren Davis. It originally appeared on his excellent blog, Adventures in Transitland, which we encourage you to check out. It is shared by kind permission. The Northwest has always been Auckland’s public transport Cinderella, rarely invited to the public funding ball. How did ...
    Greater AucklandBy Guest Post
    3 days ago
  • The Kākā's Chorus for Tuesday July 16
    Luxon has told a Financial Times’ correspondent he would openly call out China’s spying in future and does not fear economic retaliation from Aotearoa’s largest trading partner.File Photo: Lynn Grieveson / The KākāTL;DR: The top six things I’ve noted around housing, climate and poverty in Aotearoa’s political economy on Tuesday, ...
    The KakaBy Bernard Hickey
    3 days ago
  • The Kākā’s Pick 'n' Mix for Tuesday, July 16
    TL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last day or so to 6:00 am on Tuesday, July 16 are:PM Christopher Luxon has given a very hawkish interview to the Financial Times-$$$ correspondent in Washington, Demetri Sevastopulu, saying ...
    The KakaBy Bernard Hickey
    4 days ago
  • The Kākā’s Journal of Record for Tuesday, July 16
    Photo by Ryunosuke Kikuno on UnsplashTL;DR: The top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day to 6:00 am are:BNZ released its Performance of Services Index for June, finding that services sector is at its lowest level of activity ...
    The KakaBy Bernard Hickey
    4 days ago
  • The second crisis; assumption was the mother
    Late on the night of July 16, 1984, while four National Cabinet Ministers were meeting in the Beehive office of Deputy Prime Minister Jim McLay, plotting the ultimate downfall of outgoing Prime Minister Sir Robert Muldoon, another crisis was building up in another part of the capital. The United States ...
    PolitikBy Richard Harman
    4 days ago
  • Can we air condition our way out of extreme heat?
    This is a re-post from The Climate Brink by Andrew Dessler Air conditioning was initially a symbol of comfort and wealth, enjoyed by the wealthy in theaters and upscale homes. Over time, as technology advanced and costs decreased, air conditioning became more accessible to the general public. With global warming, though, ...
    4 days ago
  • Review: The Zimiamvian Trilogy, by E.R. Eddison (1935-1958)
    I have reviewed some fairly obscure stuff on this blog. Nineteenth century New Zealand speculative fiction. Forgotten Tolkien adaptations. George MacDonald and William Morris. Last month I took a look at The Worm Ouroboros (1922), by E.R. Eddison, which while not strictly obscure, is also not overly inviting to many ...
    4 days ago
  • Media Link: AVFA on the Trump assassination attempt.
    In this episode of “A View from Afar” Selwyn Manning and I discuss the attempt on Donald Trump’s life and its implications for the US elections. The political darkness grows. ...
    KiwipoliticoBy Pablo
    4 days ago
  • Law & Order: National Party 1, Police 0, Public -1
    What happened?Media is reporting that police have lost in their pay dispute with the Coalition Government.Some of you might remember that the police rejected Labour’s previous offer in September, 2023, possibly looking forward to be taken care of by the self-touted ‘Party of Law and Order’ - National.If you look ...
    Mountain TuiBy Mountain Tui
    4 days ago
  • Gordon Campbell on the Trump shooting and a potential hike in fees for visiting the doctor
    Having watched Donald Trump systematically exploit social grievances, urge people not to accept his election loss and incite his followers to violent insurrection… it is a bit hard to swallow the media descriptions over the past 24 hours of Trump being a “victim” of violence. More like a case of ...
    WerewolfBy lyndon
    4 days ago
  • The Kākā's Chorus for Monday July 15
    The exploitation of workers on the national fibre broadband rollout highlights once again the dark underbelly of our ‘churn and burn’ economy. Photo: Lynn Grieveson / The KākāTL;DR: The top six things I’ve noted around housing, climate and poverty in Aotearoa’s political economy today are:An extraordinary Steve Kilgallon investigation into ...
    The KakaBy Bernard Hickey
    4 days ago
  • The Kākā’s Pick 'n' Mix for Monday, July 15
    Photo by Jessica Loaiza on UnsplashTL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last three days to 9:00 am on Monday, July 15 are:Investigation: Immigration NZ refused to prosecute an alleged exploiter despite a mountain of evidence - ...
    The KakaBy Bernard Hickey
    4 days ago
  • City Centre Rebuild: How Soon Is Now?
    Patrick Reynolds is deputy chair of the City Centre Advisory Panel and a director of Greater Auckland There is ongoing angst about construction disruption in the city centre. And fair enough: it’s very tough, CRL and other construction has been going on for a very long time. Like the pandemic, ...
    Greater AucklandBy Patrick Reynolds
    4 days ago
  • Peril, dismay, resolution
    This afternoon we rolled into Budapest to bring to a close our ride across Europe. We did 144 km yesterday, severe heat messages coming in from the weather app as we bounced along unformed Hungarian back roads and a road strip strewn with fallen trees from an overnight tornado. Somewhere ...
    More Than A FeildingBy David Slack
    4 days ago
  • Bullet the Blue Sky
    In the locust windComes a rattle and humJacob wrestled the angelAnd the angel was overcomeYou plant a demon seedYou raise a flower of fireWe see them burnin' crossesSee the flames, higher and higherBullet the blue skyBullet the blue skyThe indelible images, the soundtrack of America. Guns, assassinations, where-were-you-when moments attached ...
    Nick’s KōreroBy Nick Rockel
    4 days ago
  • The Kākā’s Journal of Record for Monday, July 15
    TL;DR: The top six announcements, rulings, reports, surveys, statistics and research around housing, climate and poverty in Aotearoa’s political economy in the three days to 6:00 am on Monday, July 23 are:University of Auckland researcher Ryan Greenaway-McGrevy published an analysis of the impact of Auckland's 2016 zoning reforms.BNZ's latest Performance ...
    The KakaBy Bernard Hickey
    5 days ago
  • The Kākā’s diary for the week to July 23 and beyond
    TL;DR: The six key events to watch in Aotearoa-NZ’s political economy in the week to July 23 include:PM Christopher Luxon has returned from a trip to the United States and may hold a post-Cabinet news conference at 4:00 pm today.The BusinessNZ-BNZ PSI survey results for June will be released this ...
    The KakaBy Bernard Hickey
    5 days ago
  • Was The Assassination Attempt Fake?
    Hi,It’s in incredible photo, and we’re going to be talking about it for a long time:Trump, triumphantly raising his hand in the air after being shot. Photo credit: Evan VucciYou can watch what happened on YouTube in real time, as a 20-year-old from Pennsylvania lets off a series of gunshots ...
    David FarrierBy David Farrier
    5 days ago
  • 40 years ago, inside the crisis that made modern NZ
    It had rained all day in Auckland, and the Metro Theatre in Mangere was steamed up inside as more and more people arrived to celebrate what had once seemed impossible. Sir Robert Muldoon had lost the 1984 election. “Piggy” Muldoon was no more. Such was the desire to get rid ...
    PolitikBy Richard Harman
    5 days ago
  • 2024 SkS Weekly Climate Change & Global Warming News Roundup #28
    A listing of 34 news and opinion articles we found interesting and shared on social media during the past week: Sun, July 7, 2024 thru Sat, July 13, 2024. Story of the week It's still early summer in the Northern Hemisphere. The season comes as our first year of 1.5°C warming ...
    5 days ago
  • Unsurprising, but Trump shooting creates opportunity for a surprising response
    I can’t say I’m shocked. As the US news networks offer rolling coverage dissecting the detail of today’s shooting at a Donald Trump rally in Butler, Pennsylvania, and we hear eye-witnesses trying to make sense of their trauma, the most common word being used is shock. And shocking it is. ...
    PunditBy Tim Watkin
    5 days ago
  • Escalation in the States as Trump is shot and his allies capitalize on the moment
    Snapshot summary of the shooting in the States belowAnd a time to remember what Abraham Lincoln once said of the United States of America:We find ourselves in the peaceful possession of the fairest portion of the earth, as regards extent of territory, fertility of soil, and salubrity of climate. We ...
    Mountain TuiBy Mountain Tui
    5 days ago
  • Bernie Sanders: Joe Biden for President
    I will do all that I can to see that President Biden is re-elected. Why? Despite my disagreements with him on particular issues, he has been the most effective president in the modern history of our country and is the strongest candidate to defeat Donald Trump — a demagogue and ...
    Mountain TuiBy Mountain Tui
    5 days ago
  • Questions from God
    Have you invited God into your online life? Do you have answers for his questions? Did I just assume God’s pronouns?Before this goes any further, or gets too blasphemous, a word of explanation. When I say “God”, I don’t meant your god(s), if you have one/them. The God I speak ...
    Nick’s KōreroBy Nick Rockel
    5 days ago
  • The politics of money and influence
    Did you know: Four days ago, the CEO of Warner Bros Discovery (WBD), David Zaslav, opined that he didn’t really care who won the US Presidential election, so long as they were M&A and business friendly. Please share my Substack so I can continue my work. Thank you and happy ...
    Mountain TuiBy Mountain Tui
    5 days ago
  • Auckland & Transport Minister Simeon Brown's insanity
    Excuse me, but I just don’t feel like being polite today. What is going on with Simeon Brown? I mean, really? After spending valuable Ministerial time, focus, and government resources to overturn tailored speed limits in school and high fatality zones that *checks notes* reduces the risk of deaths and ...
    Mountain TuiBy Mountain Tui
    6 days ago
  • Were scientists caught falsifying data in the hacked emails incident dubbed 'climategate'?
    Skeptical Science is partnering with Gigafact to produce fact briefs — bite-sized fact checks of trending claims. This fact brief was written by John Mason in collaboration with members from the Gigafact team. You can submit claims you think need checking via the tipline. Were scientists caught falsifying data in the ...
    6 days ago
  • What Happened to David D'Amato's Millions?
    Today’s podcast episode is for paying Webworm members — and is a conversation seven years in the making. Let me explain.Hi,As I hit “send” on this newsletter, I’m about to play my 2016 documentary Tickled to a theatre full of about 400 Webworm readers in Auckland, New Zealand.And with Tickled ...
    David FarrierBy David Farrier
    6 days ago
  • Voting as a multi-order process of choice.
    Recent elections around the world got me to thinking about voting. At a broad level, voting involves processes and choices. Embedded in both are the logics that go into “sincere” versus “tactical” voting. “Sincere” voting is usually a matter of preferred … Continue reading ...
    KiwipoliticoBy Pablo
    6 days ago
  • Women in Space.
    Count downThree twoI wonderIf I'll ever see you againI'm 'bout to take offI'm leaving youBut maybeI'll see you around somewhere some placeI just need some spaceA brief reminder that if you’re a Gold Card holder you can subscribe to Nick’s Kōrero for 20% off. You’re also welcome to use this ...
    Nick’s KōreroBy Nick Rockel
    6 days ago
  • Bernard’s Saturday Soliloquy for the week to July 13
    Auckland waterfront, July. Photo: Lynn Grieveson / The KākāTL;DR: My top six things to note around housing, climate and poverty in Aotearoa’s political economy in the week to July 13 are:The National-ACT-NZ First Coalition Government watered down vehicle emissions standards this week, compounding the climate emissions damage from an increasingly ...
    The KakaBy Bernard Hickey
    6 days ago
  • Dems need to ask the right question about Biden as his age now defines the campaign
    Midway through the news conference that many American political commentators had built up as critical to Joe Biden’s re-election chances, the US president said European leaders are not asking him not to run for a second term, “they’re saying you gotta win”.The problem for Biden and his advisors is that ...
    PunditBy Tim Watkin
    6 days ago
  • Govt flounders while ocean temps soar
    TL;DR : Here’s the top six items of climate news for Aotearoa-NZ this week, as selected by Bernard Hickey and The Kākā’s climate correspondent Cathrine Dyer, most of which they discussin the video above. According to experts, the rate of ocean surface warming around New Zealand is “outstripping the global ...
    The KakaBy Bernard Hickey
    7 days ago
  • Learning From Brexit
    Whether Britain leaving the European Union was right or wrong, good or bad is for the Brits to decide. But there are lessons about international trade to be learned from Brexit, especially as it is very unusual for an economy to break so completely from its major training partner.In Econ101 ...
    PunditBy Brian Easton
    1 week ago

  • New infrastructure energises BOP forestry towns
    New developments in the heart of North Island forestry country will reinvigorate their communities and boost economic development, Regional Development Minister Shane Jones says. Mr Jones visited Kaingaroa and Kawerau in Bay of Plenty today to open a landmark community centre in the former and a new connecting road in ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • 'Pacific Futures'
    President Adeang, fellow Ministers, honourable Diet Member Horii, Ambassadors, distinguished guests.    Minasama, konnichiwa, and good afternoon, everyone.    Distinguished guests, it’s a pleasure to be here with you today to talk about New Zealand’s foreign policy reset, the reasons for it, the values that underpin it, and how it ...
    BeehiveBy beehive.govt.nz
    3 hours ago
  • Delivering 24 hour pothole repairs
    Kiwis and freight operators will benefit from the Coalition Government delivering on its commitment to introduce targets that will ensure a greater number of potholes on our state highways are identified and fixed within 24 hours, Transport Minister Simeon Brown says.  “Increasing productivity to help rebuild our economy is a key ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • Peer Support Specialists rolled out in hospitals
    Five hospitals have been selected to trial a new mental health and addiction peer support service in their emergency departments as part of the Government’s commitment to increase access to mental health and addiction support for New Zealanders, says Mental Health Minister Matt Doocey.  “Peer Support Specialists in EDs will ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Consultation opens for the Emissions Reduction Plan
    The Government’s draft Emissions Reduction Plan shows we can stay within the limits of the first two emissions budgets while growing the economy, Climate Change Minister Simon Watts says. “This draft Emissions Reduction Plan shows that with effective climate change policies we can both grow the economy and deliver our ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Benefit stats highlight need for welfare reset
    The coalition Government is providing extra support for job seekers to ensure as many Kiwis as possible are in work or preparing for work, Social Development and Employment Minister Louise Upston says. “While today’s quarterly data showing a rise in the number of people on Jobseeker benefits has been long ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • School attendance continues to increase
    Provisional school attendance data for Term 2 2024 released today has shown more students are back in class compared to last year, with 53.1 per cent of students regularly attending, compared with 47 per cent in Term 2 2023, Associate Education Minister David Seymour says. “The Government has prioritised student ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • $22.7m of West Coast resilience projects underway
    Transport Minister Simeon Brown has welcomed news of progress being made by the NZ Transport Agency (NZTA) on the first of several crucial resilience projects underway on the South Island’s West Coast.“State highways across the West Coast are critical lifelines for communities throughout the region, including for freight and tourism. ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Migrant school leavers to get part-time work rights
    The coalition Government is providing migrant school leavers with greater opportunities, by increasing access to part-time work rights for those awaiting the outcome of a family residence application, Immigration Minister Erica Stanford has announced.  “Many young people who are part of a family residence application process are unable to work. ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Funding to support use of NZ Sign Language
    Seven projects have received government funding totalling nearly $250,000 to maintain and promote the use of New Zealand Sign Language (NZSL). Initiatives that received an NZSL Board Community Grants this year include camps that support the use of NZSL through physical and sensory activities, and clubs where Deaf people and ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Inflation data shows progress in economic recovery
    Today’s Consumer Price Index data which has inflation at 3.3 per cent for the year to July 2024, shows we are turning our economy around and winning the fight against rampant inflation, Finance Minister Nicola Willis says.  “While today’s data will be welcome news for Kiwis, I know many New ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Experts to advise Minister on Oranga Tamariki
    The Oranga Tamariki Ministerial Advisory Board has been re-established by the Minister for Children, Karen Chhour. “I look forward to working with the new board to continue to ensure Oranga Tamariki and the care and protection system, are entirely child centric,” Minister Chhour says. “The board will provide independent advice ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Expectations set for improved medicines access
    Associate Health Minister David Seymour says he has set clear expectations for Pharmac around delivering the medicines and medical technology that Kiwis need.  “For many New Zealanders, funding for pharmaceuticals is life or death, or the difference between a life of pain and suffering or living freely. New cancer medicines ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Regional Development Minister to host summits
    Regional Development Minister Shane Jones will hold a series of nationwide summits to discuss regional priorities, aspirations and opportunities, with the first kicking off in Nelson on August 12. The 15 summits will facilitate conversations about progressing regional economic growth and opportunities to drive productivity, prosperity and resilience through the ...
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    3 days ago
  • Government delivers new school for Rolleston
    The Coalition Government is addressing growing demands on Canterbury’s school network, by delivering a new primary school in Rolleston, Education Minister Erica Stanford says. Within Budget 24’s $400 million investment into school property growth, construction will begin on a new primary school (years 1-8) in Selwyn, Canterbury.  Rolleston South Primary ...
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    3 days ago
  • New speed camera signs to improve safety
    The Government is welcoming the rollout of new speed camera signs for fixed speed cameras to encourage drivers to check their speeds, improving road safety and avoiding costly speeding tickets, Transport Minister Simeon Brown says. “Providing Kiwis with an opportunity to check their speed and slow down in high crash areas ...
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    3 days ago
  • NZ, Korea strengthen relationship
    New Zealand and the Republic of Korea continue to strengthen their relationship, Foreign Minister Winston Peters says.   “New Zealand and Korea have a long history – from New Zealand soldiers fighting in the Korean War, through to our strong cooperation today as partners supporting the international rules-based order.    ...
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    4 days ago
  • Investing for future growth in tourism and hospitality
    The Government is moving forward with recommendations from the Tourism Data Leadership Group, beginning with establishing a Tourism Data Partnership Fund says Tourism and Hospitality Minister Matt Doocey. “The Tourism Data Partnership Fund is funded through the International Visitor Conservation and Tourism Levy (IVL) and will provide up to $400,000 ...
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    4 days ago
  • 4000 more job seekers to get case managers
    A new over-the-phone employment case management service will see thousands more job seekers under the age of 25 supported to find work, Social Development and Employment Minister Louise Upston has announced. “MSD case managers provide valuable support to help people into work, but less than a third of those receiving ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Trade Minister to attend G7 meeting in Italy
    Trade Minister Todd McClay will attend the Group of Seven (G7) Trade Ministers meeting in Reggio Calabria, Italy next week. This is the first time New Zealand has been invited to join the event, which will be attended by some of the world’s largest economies and many of New Zealand’s ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Ministers reveal consequences for unruly Kāinga Ora tenants
    Ministers are pleased to see Kāinga Ora taking a stronger approach to managing unruly, threatening or abusive tenants, Housing Minister Chris Bishop and Associate Housing Minister Tama Potaka say.    “For far too long, a small number of Kāinga Ora tenants have ridden roughshod over their neighbours because, under Kāinga ...
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    5 days ago
  • Prime Minister wraps up US visit in California
    Prime Minister Christopher Luxon has finished a successful four-day visit to the United States with meetings in California on his final day focusing on innovation and investment.  “It has been fantastic to be in San Francisco today seeing first-hand the deepening links between New Zealand and California. “New Zealand company, EV Maritime, ...
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    6 days ago
  • Prime Minister leads Indo-Pacific Four at NATO
    Prime Minister Christopher Luxon today chaired a meeting of the Indo-Pacific Four (IP4) countries – Australia, Japan, the Republic of Korea and New Zealand. The IP4 met in the context of NATO’s Summit in Washington DC hosted by President Biden. “Prosperity is only possible with security,” Mr Luxon says. “We need ...
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    1 week ago
  • District Court judges appointed
    Attorney-General Hon Judith Collins today announced the appointment of three new District Court Judges.   The appointees, who will take up their roles in July and August at the Manukau, Rotorua and Invercargill courts, are:   Matthew Nathan Judge Nathan was admitted to bar in New Zealand in 2021, having previously been ...
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    1 week ago
  • Urgent review into Wairoa flood response begins
    Environment Minister, Penny Simmonds today announced the terms of reference for a rapid review into the Wairoa flood response. “The Wairoa community has raised significant concerns about the management of the Wairoa River bar and the impact this had on flooding of properties in the district,” says Ms Simmonds. “The Government ...
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    1 week ago
  • NZDF’s Red Sea deployment extended
    New Zealand has extended its contribution to the US-led coalition working to uphold maritime security in the Red Sea, Defence Minister Judith Collins and Foreign Minister Winston Peters announced today. “The decision to extend this deployment is reflective of the continued need to partner and act in line with New ...
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    1 week ago
  • Government provides support to tackle tax debt and compliance
    New compliance funding in Budget 2024 will ensure Inland Revenue is better equipped to catch individuals who are evading their tax obligations, Revenue Minister Simon Watts says. “New Zealand’s tax debt had risen to almost $7.4 billion by the end of May, an increase of more than 50 per cent since 2022. ...
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    1 week ago
  • Taking action to reduce road cones
    The Coalition Government is taking action to reduce expenditure on road cones and temporary traffic management (TTM) while maintaining the safety of workers and road users, Transport Minister Simeon Brown says.  Rolling out a new risk-based approach to TTM that will reduce the number of road cones on our roads.  ...
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    1 week ago
  • Celebrating 100 years of progress
    Te Arawa Lakes Trust centenary celebrations mark a significant milestone for all the important work done for the lakes, the iwi and for the Bay of Plenty region, says Māori Crown Relations: Te Arawhiti and Māori Development Minister Tama Potaka. The minister spoke at a commemorative event acknowledging 100 years ...
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    1 week ago
  • Foreign Minister to travel to Korea and Japan
    Foreign Minister Winston Peters will travel to the Republic of Korea and Japan next week.    “New Zealand enjoys warm and enduring relationships with both Korea and Japan. Our relationships with these crucial partners is important for New Zealand’s ongoing prosperity and security,” says Mr Peters.    While in the ...
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    1 week ago
  • Government creates MAG for retail crime victims
    The coalition Government is establishing a Ministerial Advisory Group for the victims of retail crime, as part of its plan to restore law and order, Justice Minister Paul Goldsmith and Associate Justice Minister Nicole McKee says.  “New Zealand has seen an exponential growth in retail crime over the past five ...
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    1 week ago
  • Huge opportunity for educators and students as charter school applications open
    Associate Education Minister David Seymour says today is another important step towards establishing charter schools, with the application process officially opening.  “There has already been significant interest from groups and individuals interested in opening new charter schools or converting existing state schools to charter schools,” says Mr Seymour. “There is ...
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    1 week ago
  • Decreasing gas reserves data highlights need to reverse oil and gas exploration ban
    MBIE’s annual Petroleum Reserves report detailing a 20 per cent reduction in New Zealand’s natural gas reserves shows the need to reverse the oil and gas exploration ban, Energy Minister Simeon Brown says.“Figures released by MBIE show that there has been a 20 per cent reduction in New Zealand’s natural ...
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    1 week ago
  • Providers of military assistance to Russia targeted in new sanctions
    Foreign Minister Winston Peters has announced further sanctions as part of the Government’s ongoing response to Russia’s illegal invasion of Ukraine.    “Russia’s continued illegal war of aggression against Ukraine is a direct and shocking assault on the rules-based order. Our latest round of sanctions targets Russians involved in that ...
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    1 week ago
  • OECD report shows New Zealand is a red tape state
    Minister for Regulation David Seymour says that the OECD Product Market Regulation Indicators (PMRI) released this morning shows why New Zealanders sorely need regulatory reform. “This shocker result should end any and all doubt that the Government must go to war on red tape and regulation,” says Mr Seymour.  “The ...
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    1 week ago
  • Government unveils five-point climate strategy
    The coalition Government is proud to announce the launch of its Climate Strategy, a comprehensive and ambitious plan aimed at reducing the impacts of climate change and preparing for its future effects, Climate Change Minister Simon Watts says. “The Strategy is built on five core pillars and underscores the Government’s ...
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    1 week ago
  • National Bowel Screening Programme reaches 2 million life-saving screening kits
    The National Bowel Screening Programme has reached a significant milestone, with two million home bowel screening kits distributed across the country, Health Minister Dr Shane Reti announced today.   “This programme, which began in 2017, has detected 2,495 cancers as of June 2024. A third of these were at an early ...
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    1 week ago
  • Granny flats popular with all ages
    More than 1,300 people have submitted on the recent proposal to make it easier to build granny flats, RMA Reform Minister Chris Bishop and Building and Construction Minister Chris Penk say. “The strong response shows how popular the proposal is and how hungry the public is for common sense changes to make ...
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    1 week ago
  • $25 million boost for conservation
    Toitū te taiao – our environment endures!  New Zealanders will get to enjoy more of our country’s natural beauty including at Cathedral Cove – Mautohe thanks to a $25 million boost for conservation, Conservation Minister Tama Potaka announced today.  “Te taiao (our environment) is critical for the country’s present and ...
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    1 week ago
  • New Zealand increases support for Ukraine
    Prime Minister Christopher Luxon and Foreign Minister Winston Peters have announced a further $16 million of support for Ukraine, as it defends itself against Russia’s illegal invasion. The announcement of further support for Ukraine comes as Prime Minister Luxon attends the NATO Leaders’ Summit in Washington DC. “New Zealand will provide an additional ...
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    1 week ago

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