It is essentially what happens when you pump prime the economy with an influx of insurance money and Nationals traditional election year cookie crumb droppings, and offset by the price of rising interest costs flooding in from offshore.
It will be essentially jobless – so as fragile as hell. Not to mention the numbers of milk powder production facilities coming online throughout the world at present making an impact on Fonterra’s commodity business.
If the “recovery” makes an impact, then I’d expect it to dissipate by the end of the year. But that is what we all knew anyway eh?
The various articles predicting an economic boom next year IMO are partly wishful hoping – although I have no doubt there will be those putting a lot into trying to make this happen in an election year.
And I agree that any gains will not flow through to those in the lower middle class and bottom – eg just more of the same in terms of lack of jobs, bene bashing etc.as Lprent says in his reply.
But not all are predicting a boom year without reservation.
This Herald article today on predictions for the NZ stock market in 2014 is very interesting. It starts out with a positive perspective in the heading and first few paragraphs, but then moves to a more cautious stance from Mark Lister, head of research at Craigs Investments Partners – New Zealand’s largest retail broker – who believes that the stockmarket will not perform as strongly next year.
It then ends on a negative note from JBWere strategist Bernard Doyle who is convinced New Zealand may not be the best place for investors.
This month, Doyle recommended clients lower their exposure to New Zealand because of concerns about high local share prices, rising interest rates and the pending general election.
“This backdrop leaves us underwhelmed with the risk-reward presented by the local market,” he said.
“This does not mean we think New Zealand equities are necessarily going to decline in 2014.
“It simply reflects that we don’t believe investors are likely to be adequately rewarded for the risks they bear in this market.”
Instead, Doyle is recommending clients invest more in global listed companies, and he even prefers Australia to New Zealand.
“Global equities are top of the pile, Australia second, and New Zealand last.”
Middle-class mortgage holders will be sensitive to rising interest rates. The Nats probably have plans about how to throw some ‘assistance’ their way to reduce anxiety before the election.
But most benefits of increased economic activity will continue to flow to business owners and investors rather than staff. The latter and their representatives will put up with it like always. The Nats don’t need their votes. Other parties must do a far better job of winning those or we get the next stage of our return to the 1990s.
And we all know how well the Nats would handle GFC2, they would put their fingers in their ears and refuse to admit it’s happening. Until it’s too late!
I have been thinking about TPPA and the fact that Wayne Mapp admitted that there would be some loss of sovereignty for NZ but it would be worth it for the benefits. It appears to me that loss of sovereignty would not be to other countries but to Big Corporations- Big Pharma, Tobacco, Biotech (GE/GM) etc who have written the TPPA. As far as I am concerned, if Tim Groser agrees to investor-state dispute settlements then he should be tried as a traitor.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10876782 (New Zealand’s infant mortality rate – babies who die before their first birthdays – has fallen steadily from 25 for every 1000 births in the early 1950s to 4.8 for every 1000 in the Unicef data, and to 4.2 in the latest Statistics NZ figures for 2012.)
The key line Sacha is this:
“with recorded offences down for the third fiscal year in a row, and a massive 17.4 per cent drop in crimes in the past three years”
If you starve front-line police of funding and manpower, this is what you would also see. There is data here but no actual correlation proving that recorded offences can be equated with a falling crime rate as there are so many other factors in play (especially under the Nacts)
It shows that NZ is finally reaping the rewards for Labour’s hard work over 9 years in power. That is the kind of timescale these things have to be judged on.
National has tended to simply maintain the status quo they inherited on many of these issues, apart from ridiculous and useless laws like 3-strikes and car crushing.
Mostly reputable but you can go to stats nz to check the figures if you dont believe them but really the main point is to highlight the good things thats happening to this country 🙂
Half of which national get in the way of or institutionally fabricate, and the rest are pathetically outnumbered by the housing crisis alone.
But you don’t give a shit about that, because it’s all just a game to you – as long as the blue team win, you’re happy. No matter how many forestry workers die.
Although there is some evidence that the police are just dismissing some complaints and of course in the DV area it looks like they don’t bother to charge just hand out the wet bus ticket Police safety order – so that the kids are made homeless. Takes thousands of offences off the books.
c73
Spend your time learning facts about what is happening and also the facts of reports on conjecture about likely happenings in the world and NZ instead of just seeking good news from the past. You aren’t doing anything useful. If you want to be useful and don’t want to run in the looming marathon future event yourself, you might offer something useful to help the runners to bolster their strength and understanding of how to combat the hazards to be faced. Not hand-picked good news statistics. They won’t be aids in preventing the damage to life we are facing.
I disagree, I think theres some good and useful facts in there. I do understand that any good news for National is considered bad however along with the doom and gloom the left is promoting its also good to have some good news as well.
chris73
You silly person – we here are not playing your stupid game of political tiddlywinks. When we talk doom and gloom we are trying to face real problems and look for real answers. Stay with your game of who is going to win the 2014 test match, your side or those upstart others. Those who can’t think beyond sporting games are lacking brain activity in the part of the brain that can objectively and logically look at things to come, and the real outcomes of present happenings. You waste your and our time with your inane mumbles.
I see your name coming up here like fertile weeds in my garden. Aaaahhh! Try reading a book, alot of books, why don’t you. lprent doesn’t need your input to boost the site’s stats over snakeoil and taniwhablog.
If you want a giggle, pop over to pundit and read another confused piece from Josie Pagani about religion. Honestly, that women is the very definition of the immodestly clueless.
Oh goddammit, Sanc, I have no self-restraint when it comes to reading Josie Pagani’s attempts at commentary, and now I feel like I’ve been zapped with Will Smith’s neuralyzer.
In December politicians try as hard as they want, there’s no out-polling the man with the white beard. No press release can compete with our collective obsession with an obese man in Labour red, handing out free gifts to everyone including the 800,000 people who didn’t vote in the last election.
Get it? Santa Claus is a fat socialist… handing out money and pressies willy-nilly with no thought to the cost. Quick, somebody tell the 800,000 voters who never voted. We’re home and hosed!
Well she had one good thing to say in reminding us that we dont have to put up with Jim Mora and his stupid panel for a while.
Always be thankful for small mercies
SCENE: Friday December 6, 2013. The Public Address Academy, Auckland. The headmaster, the venerable Mr Brown, can be seen walking across the quad to the Hard News classroom, accompanied by a boy dressed in a King’s Prep uniform. Mr Brown is the foundation headmaster of his school, and has been running it for many years—too many years, some would say. He has in recent times been prone to some appalling lapses in judgement, and is increasingly given to irascible outbursts when criticized for that lack of judgement.
MR BROWN: Wait outside the classroom, Matthew. I’ll call you in after I’ve established a few ground rules.
MR BROWN enters the classroom.
Today there is an air of sadness hanging over the P.A. Academy; the heroic anti-apartheid activist and former president of South Africa, Nelson Mandela, has died, and the pupils know they will be expected to compete with one another to say how sad they are. Mr Brown sets the tone authoritatively….
MR. BROWN: I remember seeing Nelson Mandela at Wembley Stadium, shortly after his release, in 1990.
….Several pupils stifle yawns, several exhale loudly and slump in their chairs, others roll their eyes. Mr Brown is oblivious to all of these signs, however…
MR. BROWN: Mandela came to the front of the stage to speak and, after three solid minutes of cheering, the crowd began to sing ‘You’ll Never Walk Alone’. Never has that song sounded so resonant. I think I cried.
….Several pupils snicker, and several more can be seen rolling their eyes sardonically…..
MR. BROWN: You will have other thoughts and memories and you are welcome to share them here. Please be respectful of each other. Michael, you were the first to put your hand up. Please stand up and share with the class how sad you are. MIKE O’CONNELL: What can one say, others will say it better in the eulogies that will pour out. Simply RIP Nelson Mandela, the world is a poorer place without you but your legacy will remain for a long, long time. MR. BROWN: Good, good. That was so sincere. Paul? PAUL CAMPBELL: I cried the day he was released, tears are flowing now – what more can I say. HEBE: I am so happy for him that he died at home, at 95, with his people. Who would have thought in 1981 that could happen? LUCY TELFAR BARNARD He was so great a man it was a privilege even to walk on the same planet as him. MR. BROWN:[visibly moved] Right on. Just a minute. I have someone waiting outside who wants to tell you how upset HE is at the death of Madiba.
Mr Brown leaves the classroom and re-enters with the boy in the King’s Prep uniform. The boy is smirking unpleasantly, and arrogantly looks down his nose at the children in the class, who seem to already know him….
SEVERAL VOICES: Fuck off, Hooton! MR BROWN: Class, this is Matthew. He’s joining you today to join in with your tributes to Nelson Mandela. MURMURING FROM CLASS: What?!!???!? …. HE’S A NOTORIOUS RACIST!!! …. How COULD you invite HIM of all people to talk about Mandela? MR BROWN:[reproachfully] I did ask you to show respect for each other. UPROAR FROM CLASS:…. Totally inappropriate! …. Brown has lost his fucking marbles!…. That’s Matthew fucking Hooton, the racist prick!… Russell Brown needs to be put out to pasture NOW!!!… Silly old bastard! MR BROWN:[tired and at his wits’ end] I have repeatedly asked everyone here to show good faith and respect. If you can’t do that, please leave the discussion. SEVERAL VOICES: This is a fucking JOKE! This guy is a RACIST, yet Brown is letting him speak about Nelson Mandela!??!!?!? MATTHEW HOOTON: Isn’t it a strange, melancholy and nostalgic day? Mandela really was the greatest figure of the 20th century. SEVERAL VOICES: Fuck off, racist!…. He’s a friend of John Ansell, for Chrissakes!… SHUSH! He’s starting to speak… MATTHEW HOOTON: In the way I view the world, being a child of the 1980s, he was alongside Reagan, Thatcher and Gorbachev in the sense of bringing tyranny to an end…
OUTRAGE AND UPROAR FROM CLASS: What the FUCK!!!?!?!!?…. W-w-w-what did that smirking, smarmy prick just say?!!???!
Actually, he’s more than just a friend; Hooton was a co-conspirator in the cynical, disgusting campaign of race-baiting that constituted the bulk of Don Brash’s doomed campaign in 2005. For the gruesome and incriminating details, read Nicky Hager’s The Hollow Men.
He told them to tone it down at the time, purely as a practical measure: Hooton, unlike many in the National Party, does have a brain and realised the revulsion that most people would have for the kind of racial hatred being pushed by Ansell.
Hooton made a public show of pinching his nose to show his disapproval after they carried on despite his “pushing against the race-baiting”. If he’d had any decency at all, he would have had nothing to do with that racist campaign.
I’m not surprised to see you spinning for Hooton, however. You went out of your way to make the same point in that infamously stupid thread on Public Address, when so many of that forum’s “liberals” bent over backwards to praise Hooton’s hypocrisy, and to pretend that he really meant what he had written.
Spinning?
Call it what it used to be called then: you were apologizing for him.
You clearly have too much time on your hands, chap.
That comment makes no sense whatsoever. What if I had 24 hours a day free? What difference would it make?
Hooton doesn’t have opinions, he has brand management and he saw PA as an opportunity, no more, – and in doing so, he proved that liberals believe what they want to believe.
He never misses an opportunity to race-bait, saying the Labour is full of “stupid maori” (RNZ), that Mana is full of “dumb bros” (NBR), he thinks that the Kahui child murder was a great opportunity to make a “hilarious” political joke (RNZ)… well the Penguin and his fan club had a good giggle over that one at least.
If he had any decency – which he doesn’t – he’d dog-whistle at a higher pitch.
Hooton’s not a racist? Wanna buy a bridge? I got one to sell…
Oh, by the way, I’m not sure that he’s like to be defended by Nicky Hagar – he likes to call him a [Snip]
Some musings beautifully done on what Christmas can mean even in these times of confusion and questioning of false norms and traditions. Tim Minchin, combined with great graphics makes a lovely tribute to people who care about each other coming together at Christmas. http://www.youtube.com/watch?v=vWQuDtxD2-c
Tim Minchin
White Wine in the Sun
(Muvizu Animdation)
Espiner? Is that the guy that’s slightly to the right of Gengis Khan.
I think Paul Thompson was having a joke for Gods sake Espiner even has ‘Spin’ as part of his name.
C73 regional police commanders massage crime figures.
New technology ie cctv DNA cellphone cameras aging population are the main reasons.
But sacking a large swathe of paper shufflers has changed frontline policing ,Police Now reluctant to deal with crime because they have to do heaps more paperwork.
I wondered about those lower crime figures. Normal response – bloody paperwork so don’t feed details through unless necessary. So less crime BEING REPORTED. Important words.
cool..i never pay enough attention to know who’s right/left..if their actual words don’t indicate..
..now i will know..
..(btw..i think i’m kinda left..but not old skool bbq-stalinist left..and i guess the soak-the-rich/end-poverty/stop-eating-fucken-animals and legalise pot while you are at it..makes me kinda left-left..
..more green than most of the greens..
(especially ‘more green than ‘please-pass-me-that-bowl-of-pig-fat turei..eh..?)..but really..i shouldn’t single turei out..most green mp’s are in that basket..certainly not a vegan to be seen amongst them..)
..more labour/left than most of the labour/left here..(and especially more so than the current mob of labour mp’s..)
(c.f partial-nationalisation-plan/idea..)
..and mana are so so hangi-heavy..so far from even vegetarian..that i despair..(sigh..!..)
..and all of the political parties in complete denial about the implications/impacts of what they eat..
..and somehow..i think that dotcoms’ party will also be kinda heavy on the charred animal-flesh..eh..?
C73 most of your links contradict your claims.
Child deaths we are the worst in the developed world only the US is worse.
Suicides only 2 less per year than longterm average.
Those figures jump up and down.
Violent and domestic abuse continues to climb.
Unreported crime figures are researched by Police.
So are massaged.
Burglaries are down.
Yeah right.
Most people have a $300 to $1000 no claim ryder on their insurance policy so their is no point in reporting minor crime to police and waste time.
You had better come up with better spin .
Captive 73.
Ackshully the Left will need better spin because the swing and undecided voters will be getting their information from the MSM and not from political blogs which means they’ll be reading the headlines and the headlines are saying good, positive things about NZ
Less “real” crime actioned, but a lot more traffic notices trying to be issued. The 4km allowance is because there were a lot less tickets issued last year and financial targets not met. BTW quotas are now called targets and even very senior and CIB staff expected to meet them.
How are they doing it, night shift officers are sitting on CCTV cameras and issuing tickets for parking ,passing etc without leaving the office.
If it’s happening in Nelson it must be the same countrywide.
Whaleoil is not a journalist, in the same way a writer for a
church newsletter is not, preaching to a select audience of
believers doth not maketh it so. There is a public interest in a
broad sheet having such protection. The protection applies
to media that serves all groups, an impartiality in the media outlet. This of course would also
mean the Herald would also lose such protection IMHO. Nz independence
in news has taken huge loses as pro-wealthy only views have taken over.
Now whether the story is merited protection is a different question.
You rarely see an positive argument against the wealthy that harms general wealth,
made with any vigor.
Middle class and higher is where elections are won or lost. If the MSM keep pumping out the good news, then Labour will have a harder job of getting into government. There is also more consumer confidence out there in the middle class overall, making the current status-quo more likely in the next election.
Do I care? Yes I do and thats why National will (hopefully) get another term, the left like to think they have a mortgage on caring well they don’t thats just arrogance from the left.
The left are very good at spending other peoples money but not quite so good when it comes to their own pockets, National is getting the economy moving and that will translate into more jobs which will do more for poverty then any hand-wringing the Left would do
Have to agree with chris73. The left is very good at spending other peoples money until it runs out. Then its up to the centre-right to clean up the mess
Do you have a $20 or $50 note in your wallet, McGrath?
Simple question: where did that note originate? The Government, right? So the realisation for you is that it’s not “your” money, you did not create that money, neither do “you” have any ability to give that money any value whatsoever. The Government fulfils all those functions.
Then its up to the centre-right to clean up the mess
A fiscal moron requiring education…
I saw Cullen move heaven and earth to finally pay back the government debt that Muldoon squandered in the 80’s because of this problem with Muldoon’s superannuation policy (from 2008).
Then I saw National get in, and now I’m seeing English in another National government try to run the country with debt again. See this chart from here (derived from the budgets)..
So English’s fiscally irresponsible policy is making it difficult if not impossible to pay for Muldoon’s fiscally irresponsible superannuation policy of 1975.
Perhaps you should learn to read accounts rather than pulling bullshit out of your arse… Mind you I suspect that you’re probably too stupid to even know which governments were in what years.
Just as an aside, if I see you make moronic statements like that again without a supporting link or argument you will be booted as being a stupid and ignorant troll trying to start a flamewar. Read the policy
What say you now funny guy McGrath? Or did you close your eyes to 1prent’s graphs? Most libertarian nutters and rwnj’s do… because they don’t really want to know the truth.
Cullen paid off Government debt with money sourced by the private sector going eyeballs deep into debt.
English absolutely had to increase government debt and spend into the country, because in the last few years, the private sector has been removing money from circulation in order to pay off its debt.
If English had not done so, we would have crashed into a severe recession.
TL:DR both Labour and National are playing the international money supply game where only the banksters win.
Take away the banks ability to create money, make it so that the government can’t borrow and that all the money they create must be spent into the economy with offsetting taxes and you’ll see pretty quickly just whose money it is.
Hint: Money doesn’t belong to the rich no matter how much that they would like think that it does,
..it is the key/tory govt that has blown our foreign debt out from $12 billion when they took office..to over $60 billion now..and a continuation of those borrow to give to the rich policies will see that rise to over $100 billion..
..how does that fit with yr ‘the left are very good at spending other peoples’ money’ lowest-orifice-pluck..?
It’s been a good day for chris 73 – has 38 comments on this site today. Fairly short ones, not requiring much work, though he has supplied a few links showing that NZ is doing well so apparently trying to spread Good Cheer in the Holiday Season and throughout the coming year.
they are just mouthpieces for slogans they dont care are lies.
chris you dont care. If you did you would have a better idea than you do of answers to some of my questions. You aree merely a parrot. One masquerading as intelligent but still a parrot.
The problem with the left in general is they think they’re the only ones who care therefore everyone who isn’t left-wing don’t care
The left want to keep people poor (otherwise no one would vote for them) so the lefts policies are about keeping people dependent on the govt whereas the Right want people to be successful
Carion73
A monetarist like you would cut out the middle man .
And end up poisoning yourself.
Gold price hits the skids
Coal price likwise
Oil discoveries nil
Recovering oil from deep water won’t happen for at least 20 years that’s if they find any.
Betting on loosers.
Something HawaiiKey said he would never do.
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We're going backwardsIgnoring the realitiesGoing backwardsAre you counting all the casualties?We are not there yetWhere we need to beWe are still in debtTo our insanitiesSongwriter: Martin Gore Read more ...
Willis blamed Treasury for changing its productivity assumptions and Labour’s spending increases since Covid for the worsening Budget outlook. Photo: Getty ImagesMōrena. Long stories short, the six things that matter in Aotearoa’s political economy around housing, climate and poverty on Wednesday, December 18 in The Kākā’s Dawn Chorus podcast above ...
Today the Auckland Transport board meet for the last time this year. For those interested (and with time to spare), you can follow along via this MS Teams link from 10am. I’ve taken a quick look through the agenda items to see what I think the most interesting aspects are. ...
Hi,If you’re a New Zealander — you know who Mike King is. He is the face of New Zealand’s battle against mental health problems. He can be loud and brash. He raises, and is entrusted with, a lot of cash. Last year his “I Am Hope” charity reported a revenue ...
Probably about the only consolation available from yesterday’s unveiling of the Half-Yearly Economic and Fiscal Update (HYEFU) is that it could have been worse. Though Finance Minister Nicola Willis has tightened the screws on future government spending, she has resisted the calls from hard-line academics, fiscal purists and fiscal hawks ...
The right have a stupid saying that is only occasionally true:When is democracy not democracy? When it hasn’t been voted on.While not true in regards to branches of government such as the judiciary, it’s a philosophy that probably should apply to recently-elected local government councillors. Nevertheless, this concept seemed to ...
Long story short: the Government’s austerity policy has driven the economy into a deeper and longer recession that means it will have to borrow $20 billion more over the next four years than it expected just six months ago. Treasury’s latest forecasts show the National-ACT-NZ First Government’s fiscal strategy of ...
Come and join myself and CTU Chief Economist for a pop-up ‘Hoon’ webinar on the Government’s Half Yearly Economic and Fiscal Update (HYEFU) with paying subscribers to The Kākā for 30 minutes at 5 pm today.Jump on this link on YouTube Livestream to watch our chat. Don’t worry if ...
In 1998, in the wake of the Paremoremo Prison riot, the Department of Corrections established the "Behaviour Management Regime". Prisoners were locked in their cells for 22 or 23 hours a day, with no fresh air, no exercise, no social contact, no entertainment, and in some cases no clothes and ...
New data released by the Treasury shows that the economic policies of this Government have made things worse in the year since they took office, said NZCTU Economist Craig Renney. “Our fiscal indicators are all heading in the wrong direction – with higher levels of debt, a higher deficit, and ...
At the 2023 election, National basically ran on a platform of being better economic managers. So how'd that turn out for us? In just one year, they've fucked us for two full political terms: The government's books are set to remain deeply in the red for the near term ...
AUSTERITYText within this block will maintain its original spacing when publishedMy spreadsheet insists This pain leads straight to glory (File not found) Read more ...
The NZCTU Te Kauae Kaimahi are saying that the Government should do the right thing and deliver minimum wage increases that don’t see workers fall further behind, in response to today’s announcement that the minimum wage will only be increased by 1.5%, well short of forecast inflation. “With inflation forecast ...
Oh, I weptFor daysFilled my eyesWith silly tearsOh, yeaBut I don'tCare no moreI don't care ifMy eyes get soreSongwriters: Paul Rodgers / Paul Kossoff. Read more ...
This is a re-post from Yale Climate Connections by Bob HensonIn this aerial view, fingers of meltwater flow from the melting Isunnguata Sermia glacier descending from the Greenland Ice Sheet on July 11, 2024, near Kangerlussuaq, Greenland. According to the Programme for Monitoring of the Greenland Ice Sheet (PROMICE), the ...
In August, I wrote an article about David Seymour1 with a video of his testimony, to warn that there were grave dangers to his Ministry of Regulation:David Seymour's Ministry of Slush Hides Far Greater RisksWhy Seymour's exorbitant waste of taxpayers' money could be the least of concernThe money for Seymour ...
Willis is expected to have to reveal the bitter fiscal fruits of her austerity strategy in the HYEFU later today. Photo: Lynn Grieveson/TheKakaMōrena. Long stories short, the six things that matter in Aotearoa’s political economy around housing, climate and poverty on Tuesday, December 17 in The Kākā’s Dawn Chorus podcast ...
On Friday the government announced it would double the number of toll roads in New Zealand as well as make a few other changes to how toll roads are used in the country. The real issue though is not that tolling is being used but the suggestion it will make ...
The Prime Minister yesterday engaged in what looked like a pre-emptive strike designed to counter what is likely to be a series of depressing economic statistics expected before the end of the week. He opened his weekly post-Cabinet press conference with a recitation of the Government’s achievements. “It certainly has ...
This whooping cough story from south Auckland is a good example of the coalition government’s approach to social need – spend money on urging people to get vaccinated but only after you’ve cut the funding to where they could get vaccinated. This has been the case all year with public ...
And if there is a GodI know he likes to rockHe likes his loud guitarsHis spiders from MarsAnd if there is a GodI know he's watching meHe likes what he seesBut there's trouble on the breezeSongwriter: William Patrick Corgan Read more ...
Here’s a quick round up of today’s political news:1. MORE FOOD BANKS, CHARITIES, DOMESTIC VIOLENCE SHELTERS AND YOUTH SOCIAL SERVICES SET TO CLOSE OR SCALE BACK AROUND THE COUNTRY AS GOVT CUTS FUNDINGSome of Auckland's largest foodbanks are warning they may need to close or significantly reduce food parcels after ...
Iain Rennie, CNZMSecretary and Chief Executive to the TreasuryDear Secretary, Undue restrictions on restricted briefings This week, the Treasury barred representatives from four organisations, including the New Zealand Council of Trade Unions Te Kauae Kaimahi, from attending the restricted briefing for the Half-Year Economic and Fiscal Update. We had been ...
This is a guest post by Tim Adriaansen, a community, climate, and accessibility advocate.I won’t shut up about climate breakdown, and whenever possible I try to shift the focus of a climate conversation towards solutions. But you’ll almost never hear me give more than a passing nod to ...
A grassroots backlash has forced a backdown from Brown, but he is still eyeing up plenty of tolls for other new roads. And the pressure is on Willis to ramp up the Government’s austerity strategy. Photo: Getty ImagesMōrena. Long stories short, the six things that matter in Aotearoa’s political economy ...
Hi all,I'm pretty overwhelmed by all your messages and emails today; thank you so very much.As much as my newsletter this morning was about money, and we all need to earn money, it was mostly about world domination if I'm honest. 😉I really hate what’s happening to our country, and ...
A listing of 23 news and opinion articles we found interesting and shared on social media during the past week: Sun, December 8, 2024 thru Sat, December 14, 2024. Listing by Category Like last week's summary this one contains the list of articles twice: based on categories and based on ...
I started writing this morning about Hobson’s Pledge, examining the claims they and their supporters make, basically ripping into them. But I kept getting notifications coming through, and not good ones.Each time I looked up, there was another un-subscription message, and I felt a bit sicker at the thought of ...
Once, long before there was Harry and Meghan and Dodi and all those episodes of The Crown, they came to spend some time with us, Charles and Diana. Was there anyone in the world more glamorous than the Princess of Wales?Dazzled as everyone was by their company, the leader of ...
The collective right have a problem.The entire foundation for their world view is antiscientific. Their preferred economic strategies have been disproven. Their whole neoliberal model faces accusations of corporate corruption and worsening inequality. Climate change not only definitely exists, its rapid progression demands an immediate and expensive response in order ...
Just ten days ago, South Korea's president attempted a self-coup, declaring martial law and attempting to have opposition MPs murdered or arrested in an effort to seize unconstrained power. The attempt was rapidly defeated by the national assembly voting it down and the people flooding the streets to defend democracy. ...
Hi,“What I love about New Zealanders is that sometimes you use these expressions that as Americans we have no idea what those things mean!"I am watching a 30-something year old American ramble on about how different New Zealanders are to Americans. It’s his podcast, and this man is doing a ...
What Chris Penk has granted holocaust-denier and equal-opportunity-bigot Candace Owens is not “freedom of speech”. It’s not even really freedom of movement, though that technically is the right she has been granted. What he has given her is permission to perform. Freedom of SpeechIn New Zealand, the right to freedom ...
All those tears on your cheeksJust like deja vu flow nowWhen grandmother speaksSo tell me a story (I'll tell you a story)Spell it out, I can't hear (What do you want to hear?)Why you wear black in the morning?Why there's smoke in the air? Songwriter: Greg Johnson.Mōrena all ☀️Something a ...
2024 is now officially my best-ever year for short stories. My 1,850-word dark fantasy piece, As Our Power Lessens, has been accepted for the upcoming solstice edition of Eternal Haunted Summer (https://eternalhauntedsummer.com/), thereby making that six published short stories for the calendar year. As always, see the Bibliography page for ...
National has only been in power for a year, but everywhere you look, its choices are taking New Zealand a long way backwards. In no particular order, here are the National Government's Top 50 Greatest Misses of its first year in power. ...
The Government is quietly undertaking consultation on the dangerous Regulatory Standards Bill over the Christmas period to avoid too much attention. ...
The Government’s planned changes to the freedom of speech obligations of universities is little more than a front for stoking the political fires of disinformation and fear, placing teachers and students in the crosshairs. ...
The Ministry of Regulation’s report into Early Childhood Education (ECE) in Aotearoa raises serious concerns about the possibility of lowering qualification requirements, undermining quality and risking worse outcomes for tamariki, whānau, and kaiako. ...
A Bill to modernise the role of Justices of the Peace (JP), ensuring they remain active in their communities and connected with other JPs, has been put into the ballot. ...
Labour will continue to fight unsustainable and destructive projects that are able to leap-frog environment protection under National’s Fast-track Approvals Bill. ...
The Green Party has warned that a Green Government will revoke the consents of companies who override environmental protections as part of Fast-Track legislation being passed today. ...
The Green Party says the Half Year Economic and Fiscal Update shows how the Government is failing to address the massive social and infrastructure deficits our country faces. ...
The Government’s latest move to reduce the earnings of migrant workers will not only hurt migrants but it will drive down the wages of Kiwi workers. ...
Te Pāti Māori has this morning issued a stern warning to Fast-Track applicants with interests in mining, pledging to hold them accountable through retrospective liability and to immediately revoke Fast-Track consents under a future Te Pāti Māori government. This warning comes ahead of today’s third reading of the Fast-Track Approvals ...
The Government’s announcement today of a 1.5 per cent increase to minimum wage is another blow for workers, with inflation projected to exceed the increase, meaning it’s a real terms pay reduction for many. ...
All the Government has achieved from its announcement today is to continue to push responsibility back on councils for its own lack of action to help bring down skyrocketing rates. ...
The Government has used its final post-Cabinet press conference of the year to punch down on local government without offering any credible solutions to the issues our councils are facing. ...
The Government has failed to keep its promise to ‘super charge’ the EV network, delivering just 292 chargers - less than half of the 670 chargers needed to meet its target. ...
The Green Party is calling for the Government to stop subsidising the largest user of the country’s gas supplies, Methanex, following a report highlighting the multi-national’s disproportionate influence on energy prices in Aotearoa. ...
The Green Party is appalled with the Government’s new child poverty targets that are based on a new ‘persistent poverty’ measure that could be met even with an increase in child poverty. ...
New independent analysis has revealed that the Government’s Emissions Reduction Plan (ERP) will reduce emissions by a measly 1 per cent by 2030, failing to set us up for the future and meeting upcoming targets. ...
The loss of 27 kaimahi at Whakaata Māori and the end of its daily news bulletin is a sad day for Māori media and another step backwards for Te Tiriti o Waitangi justice. ...
Yesterday the Government passed cruel legislation through first reading to establish a new beneficiary sanction regime that will ultimately mean more households cannot afford the basic essentials. ...
Today's passing of the Government's Residential Tenancies Amendment Bill–which allows landlords to end tenancies with no reason–ignores the voice of the people and leaves renters in limbo ahead of the festive season. ...
After wasting a year, Nicola Willis has delivered a worse deal for the Cook Strait ferries that will end up being more expensive and take longer to arrive. ...
Green Party co-leader Chlöe Swarbrick has today launched a Member’s Bill to sanction Israel for its unlawful presence in the Occupied Palestinian Territory, as the All Out For Gaza rally reaches Parliament. ...
After years of advocacy, the Green Party is very happy to hear the Government has listened to our collective voices and announced the closure of the greyhound racing industry, by 1 August 2026. ...
In response to a new report from ERO, the Government has acknowledged the urgent need for consistency across the curriculum for Relationship and Sexuality Education (RSE) in schools. ...
The Green Party is appalled at the Government introducing legislation that will make it easier to penalise workers fighting for better pay and conditions. ...
Thank you for the invitation to speak with you tonight on behalf of the political party I belong to - which is New Zealand First. As we have heard before this evening the Kinleith Mill is proposing to reduce operations by focusing on pulp and discontinuing “lossmaking paper production”. They say that they are currently consulting on the plan to permanently shut ...
Auckland Central MP, Chlöe Swarbrick, has written to Mayor Wayne Brown requesting he stop the unnecessary delays on St James Theatre’s restoration. ...
Health Minister Dr Shane Reti says Health New Zealand will move swiftly to support dozens of internationally-trained doctors already in New Zealand on their journey to employment here, after a tripling of sought-after examination places. “The Medical Council has delivered great news for hardworking overseas doctors who want to contribute ...
Prime Minister Christopher Luxon has appointed Sarah Ottrey to the APEC Business Advisory Council (ABAC). “At my first APEC Summit in Lima, I experienced firsthand the role that ABAC plays in guaranteeing political leaders hear the voice of business,” Mr Luxon says. “New Zealand’s ABAC representatives are very well respected and ...
Prime Minister Christopher Luxon has announced four appointments to New Zealand’s intelligence oversight functions. The Honourable Robert Dobson KC has been appointed Chief Commissioner of Intelligence Warrants, and the Honourable Brendan Brown KC has been appointed as a Commissioner of Intelligence Warrants. The appointments of Hon Robert Dobson and Hon ...
Improvements in the average time it takes to process survey and title applications means housing developments can progress more quickly, Minister for Land Information Chris Penk says. “The government is resolutely focused on improving the building and construction pipeline,” Mr Penk says. “Applications to issue titles and subdivide land are ...
The Government’s measures to reduce airport wait times, and better transparency around flight disruptions is delivering encouraging early results for passengers ahead of the busy summer period, Transport Minister Simeon Brown says. “Improving the efficiency of air travel is a priority for the Government to give passengers a smoother, more reliable ...
The Government today announced the intended closure of the Apollo Hotel as Contracted Emergency Housing (CEH) in Rotorua, Associate Housing Minister Tama Potaka says. This follows a 30 per cent reduction in the number of households in CEH in Rotorua since National came into Government. “Our focus is on ending CEH in the Whakarewarewa area starting ...
The Government will reshape vocational education and training to return decision making to regions and enable greater industry input into work-based learning Tertiary Education and Skills Minister, Penny Simmonds says. “The redesigned system will better meet the needs of learners, industry, and the economy. It includes re-establishing regional polytechnics that ...
The Government is taking action to better manage synthetic refrigerants and reduce emissions caused by greenhouse gases found in heating and cooling products, Environment Minister Penny Simmonds says. “Regulations will be drafted to support a product stewardship scheme for synthetic refrigerants, Ms. Simmonds says. “Synthetic refrigerants are found in a ...
People travelling on State Highway 1 north of Hamilton will be relieved that remedial works and safety improvements on the Ngāruawāhia section of the Waikato Expressway were finished today, with all lanes now open to traffic, Transport Minister Simeon Brown says.“I would like to acknowledge the patience of road users ...
Tertiary Education and Skills Minister, Penny Simmonds, has announced a new appointment to the board of Education New Zealand (ENZ). Dr Erik Lithander has been appointed as a new member of the ENZ board for a three-year term until 30 January 2028. “I would like to welcome Dr Erik Lithander to the ...
The Government will have senior representatives at Waitangi Day events around the country, including at the Waitangi Treaty Grounds, but next year Prime Minister Christopher Luxon has chosen to take part in celebrations elsewhere. “It has always been my intention to celebrate Waitangi Day around the country with different ...
Two more criminal gangs will be subject to the raft of laws passed by the Coalition Government that give Police more powers to disrupt gang activity, and the intimidation they impose in our communities, Police Minister Mark Mitchell says. Following an Order passed by Cabinet, from 3 February 2025 the ...
Attorney-General Judith Collins today announced the appointment of Justice Christian Whata as a Judge of the Court of Appeal. Justice Whata’s appointment as a Judge of the Court of Appeal will take effect on 1 August 2025 and fill a vacancy created by the retirement of Hon Justice David Goddard on ...
The latest economic figures highlight the importance of the steps the Government has taken to restore respect for taxpayers’ money and drive economic growth, Finance Minister Nicola Willis says. Data released today by Stats NZ shows Gross Domestic Product fell 1 per cent in the September quarter. “Treasury and most ...
Tertiary Education and Skills Minister Penny Simmonds and Associate Minister of Education David Seymour today announced legislation changes to strengthen freedom of speech obligations on universities. “Freedom of speech is fundamental to the concept of academic freedom and there is concern that universities seem to be taking a more risk-averse ...
Police Minister, Mark Mitchell, and Internal Affairs Minister, Brooke van Velden, today launched a further Public Safety Network cellular service that alongside last year’s Cellular Roaming roll-out, puts globally-leading cellular communications capability into the hands of our emergency responders. The Public Safety Network’s new Cellular Priority service means Police, Wellington ...
State Highway 1 through the Mangamuka Gorge has officially reopened today, providing a critical link for Northlanders and offering much-needed relief ahead of the busy summer period, Transport Minister Simeon Brown says.“The Mangamuka Gorge is a vital route for Northland, carrying around 1,300 vehicles per day and connecting the Far ...
The Government has welcomed decisions by the NZ Transport Agency (NZTA) and Ashburton District Council confirming funding to boost resilience in the Canterbury region, with construction on a second Ashburton Bridge expected to begin in 2026, Transport Minister Simeon Brown says. “Delivering a second Ashburton Bridge to improve resilience and ...
The Government is backing the response into high pathogenic avian influenza (HPAI) in Otago, Biosecurity Minister Andrew Hoggard says. “Cabinet has approved new funding of $20 million to enable MPI to meet unbudgeted ongoing expenses associated with the H7N6 response including rigorous scientific testing of samples at the enhanced PC3 ...
Legislation that will repeal all advertising restrictions for broadcasters on Sundays and public holidays has passed through first reading in Parliament today, Media Minister Paul Goldsmith says. “As a growing share of audiences get their news and entertainment from streaming services, these restrictions have become increasingly redundant. New Zealand on ...
Today the House agreed to Brendan Horsley being appointed Inspector-General of Defence, Justice Minister Paul Goldsmith says. “Mr Horsley’s experience will be invaluable in overseeing the establishment of the new office and its support networks. “He is currently Inspector-General of Intelligence and Security, having held that role since June 2020. ...
Minister of Internal Affairs Brooke van Velden says the Government has agreed to the final regulations for the levy on insurance contracts that will fund Fire and Emergency New Zealand from July 2026. “Earlier this year the Government agreed to a 2.2 percent increase to the rate of levy. Fire ...
The Government is delivering regulatory relief for New Zealand businesses through changes to the Anti-Money Laundering and Countering Financing of Terrorism Act. “The Anti-Money Laundering and Countering Financing of Terrorism Amendment Bill, which was introduced today, is the second Bill – the other being the Statutes Amendment Bill - that ...
Transport Minister Simeon Brown has welcomed further progress on the Hawke’s Bay Expressway Road of National Significance (RoNS), with the NZ Transport Agency (NZTA) Board approving funding for the detailed design of Stage 1, paving the way for main works construction to begin in late 2025.“The Government is moving at ...
The Government today released a request for information (RFI) to seeking interest in partnerships to plant trees on Crown-owned land with low farming and conservation value (excluding National Parks) Forestry Minister Todd McClay announced. “Planting trees on Crown-owned land will drive economic growth by creating more forestry jobs in our regions, providing more wood ...
Court timeliness, access to justice, and improving the quality of existing regulation are the focus of a series of law changes introduced to Parliament today by Associate Minister of Justice Nicole McKee. The three Bills in the Regulatory Systems (Justice) Amendment Bill package each improve a different part of the ...
A total of 41 appointments and reappointments have been made to the 12 community trusts around New Zealand that serve their regions, Associate Finance Minister Shane Jones says. “These trusts, and the communities they serve from the Far North to the deep south, will benefit from the rich experience, knowledge, ...
The Government has confirmed how it will provide redress to survivors who were tortured at the Lake Alice Psychiatric Hospital Child and Adolescent Unit (the Lake Alice Unit). “The Royal Commission of Inquiry into Abuse in Care found that many of the 362 children who went through the Lake Alice Unit between 1972 and ...
It has been a busy, productive year in the House as the coalition Government works hard to get New Zealand back on track, Leader of the House Chris Bishop says. “This Government promised to rebuild the economy, restore law and order and reduce the cost of living. Our record this ...
“Accelerated silicosis is an emerging occupational disease caused by unsafe work such as engineered stone benchtops. I am running a standalone consultation on engineered stone to understand what the industry is currently doing to manage the risks, and whether further regulatory intervention is needed,” says Workplace Relations and Safety Minister ...
Mehemea he pai mō te tangata, mahia – if it’s good for the people, get on with it. Enhanced reporting on the public sector’s delivery of Treaty settlement commitments will help improve outcomes for Māori and all New Zealanders, Māori Crown Relations Minister Tama Potaka says. Compiled together for the ...
Mr Roger Holmes Miller and Ms Tarita Hutchinson have been appointed to the Charities Registration Board, Community and Voluntary Sector Minister Louise Upston says. “I would like to welcome the new members joining the Charities Registration Board. “The appointment of Ms Hutchinson and Mr Miller will strengthen the Board’s capacity ...
More building consent and code compliance applications are being processed within the statutory timeframe since the Government required councils to submit quarterly data, Building and Construction Minister Chris Penk says. “In the midst of a housing shortage we need to look at every step of the build process for efficiencies ...
Mental Health Minister Matt Doocey is proud to announce the first three recipients of the Government’s $10 million Mental Health and Addiction Community Sector Innovation Fund which will enable more Kiwis faster access to mental health and addiction support. “This fund is part of the Government’s commitment to investing in ...
New Zealand is providing Vanuatu assistance following yesterday's devastating earthquake, Foreign Minister Winston Peters says. "Vanuatu is a member of our Pacific family and we are supporting it in this time of acute need," Mr Peters says. "Our thoughts are with the people of Vanuatu, and we will be ...
The Government welcomes the Commerce Commission’s plan to reduce card fees for Kiwis by an estimated $260 million a year, Commerce and Consumer Affairs Minister Andrew Bayly says.“The Government is relentlessly focused on reducing the cost of living, so Kiwis can keep more of their hard-earned income and live a ...
Regulation Minister David Seymour has welcomed the Early Childhood Education (ECE) regulatory review report, the first major report from the Ministry for Regulation. The report makes 15 recommendations to modernise and simplify regulations across ECE so services can get on with what they do best – providing safe, high-quality care ...
The Government‘s Offshore Renewable Energy Bill to create a new regulatory regime that will enable firms to construct offshore wind generation has passed its first reading in Parliament, Energy Minister Simeon Brown says.“New Zealand currently does not have a regulatory regime for offshore renewable energy as the previous government failed ...
Legislation to enable new water service delivery models that will drive critical investment in infrastructure has passed its first reading in Parliament, marking a significant step towards the delivery of Local Water Done Well, Local Government Minister Simeon Brown and Commerce and Consumer Affairs Minister Andrew Bayly say.“Councils and voters ...
New Zealand is one step closer to reaping the benefits of gene technology with the passing of the first reading of the Gene Technology Bill, Science, Innovation and Technology Minister Judith Collins says. "This legislation will end New Zealand's near 30-year ban on gene technology outside the lab and is ...
Cosmic CatastropheThe year draws to a close.King Luxon has grown tired of the long eveningsListening to the dreary squabbling of his Triumvirate.He strolls up to the top floor of the PalaceTo consult with his Astronomer Royal.The Royal Telescope scans the skies,And King Luxon stares up into the heavensFrom the terrestrial ...
Spinoff editor Mad Chapman and books editor Claire Mabey debate Carl Shuker’s new novel about… an editor. Claire: Hello Mad, you just finished The Royal Free – overall impressions? Mad: Hi Claire, I literally just put the book down and I would have to say my immediate impression is ...
Christmas and its buildup are often lonely, hard and full of unreasonable expectations. Here’s how to make it to Jesus’s birthday and find the little bit of joy we all deserve. Have you found this year relentless? Has the latest Apple update “fucked up your life”? Have you lost two ...
Despite overwhelming public and corporate support, the government has stalled progress on a modern day slavery law. That puts us behind other countries – and makes Christmas a time of tragedy rather than joy, argues Shanti Mathias. Picture the scene on Christmas Day. Everyone replete with nice things to eat, ...
Asia Pacific Report “It looks like Hiroshima. It looks like Germany at the end of World War Two,” says an Israeli-American historian and professor of holocaust and genocide studies at Brown University about the horrifying reality of Gaza. Professor Omer Bartov, has described Israel’s ongoing war on Gaza as an ...
The New Zealand government coalition is tweaking university regulations to curb what it says is an increasingly “risk-averse approach” to free speech. The proposed changes will set clear expectations on how universities should approach freedom of speech issues. Each university will then have to adopt a “freedom of speech statement” ...
Report by Dr David Robie – Café Pacific. – COMMENTARY: By Caitlin Johnstone New York prosecutors have charged Luigi Mangione with “murder as an act of terrorism” in his alleged shooting of health insurance CEO Brian Thompson earlier this month. This news comes out at the same time as ...
Pacific Media Watch The union for Australian journalists has welcomed the delivery by the federal government of more than $150 million to support the sustainability of public interest journalism over the next four years. Combined with the announcement of the revamped News Bargaining Initiative, this could result in up to ...
MONDAY“Merry Xmas, and praise the Lord,” said Sheriff Luxon, and smiled for the camera. There was a flash of smoke when the shutter pressed down on the magnesium powder. The sheriff had arranged for a photographer from the Dodge Gazette to attend a ceremony where he handed out food parcels to ...
It’s a little under two months since the White Ferns shocked the cricketing world, deservedly taking home the T20 World Cup. Since then the trophy has had a tour around the country, five of the squad have played in the WBBL in Australia while most others have returned to domestic ...
Comment: If we say the word ‘dementia’, many will picture an older person struggling to remember the names of their loved ones, maybe a grandparent living out their final years in an aged care facility. Dementia can also occur in people younger than 65, but it can take time before ...
Piracy is a reality of modern life – but copyright law has struggled to play catch-up for as long as the entertainment industry has existed. As far back as 1988, the House of Lords criticised copyright law’s conflict with the reality of human behaviour in the context of burning cassette ...
As he makes a surprise return to Shortland Street, actor Craig Parker takes us through his life in television. Craig Parker has been a fixture on television in Aotearoa for nearly four decades. He had starring roles in iconic local series like Gloss, Mercy Peak and Diplomatic Immunity, featured in ...
The Ōtautahi musician shares the 10 tracks he loves to spin, including the folk classic that cured him of a ‘case of the give-ups’. When singer-songwriter Adam McGrath returns to Kumeu’s Auckland Folk Festival from January 24-27, he’s not planning on simply idling his way through – he wants the late ...
Alex Casey spends an afternoon on the job with River, the rescue dog on a mission to spread joy to Ōtautahi rest homes.Almost everyone says it is never enough time. But River the rescue dog, a jet black huntaway border collie cross, has to keep a tight pace to ...
Asia Pacific Report Fiji activists have recreated the nativity scene at a solidarity for Palestine gathering in Fiji’s capital Suva just days before Christmas. The Fiji Women’s Crisis Centre and Fijians for Palestine Solidarity Network recreated the scene at the FWCC compound — a baby Jesus figurine lies amidst the ...
By 1News Pacific correspondent Barbara Dreaver and 1News reporters A number of Kiwis have been successfully evacuated from Vanuatu after a devastating earthquake shook the Pacific island nation earlier this week. The death toll was still unclear, though at least 14 people were killed according to an earlier statement from ...
Source: The Conversation (Au and NZ) – By Richard Scully, Professor in Modern History, University of New England Bunker.Image courtesy of Michael Leunig, CC BY-NC-SA Michael Leunig – who died in the early hours of Thursday December 19, surrounded by “his children, loved ones, and sunflowers” – was the ...
The House - On Parliament's last day of the year, there was the rare occurrence of a personal (conscience) vote on selling booze over the Easter weekend. While it didn't have the numbers to pass, it was a chance to get a rare glimpse of the fact ...
A new poem by Holly Fletcher. bejeweled log i was dreaming about wasps / wee darlings that followed me / ducking under objects / that i was fated to pickup / my fingers seeking / and meeting with tiny proboscis’s / but instead / i wake up / roll sideways ...
Source: The Conversation (Au and NZ) – By Flora Hui, Research Fellow, Centre for Eye Research Australia and Honorary Fellow, Department of Surgery (Ophthalmology), The University of Melbourne Versta/Shutterstock Australians are exposed to some of the highest levels of solar ultraviolet (UV) radiation in the world. While we ...
Source: The Conversation (Au and NZ) – By Andrew Terry, Professor of Business Regulation, University of Sydney Michael von Aichberger/Shutterstock Even if you’ve no idea how the business model underpinning franchises works, there’s a good chance you’ve spent money at one. Franchising is essentially a strategy for cloning ...
If something big is going to happen in Ferndale, it’s going to happen at Christmas. This is an excerpt from our weekly pop culture newsletter Rec Room. Sign up here. If there’s one episode of Shortland Street you should watch each year, it’s the annual Christmas cliffhanger. The final episode of ...
Source: The Conversation (Au and NZ) – By William A. Stoltz, Lecturer and expert Associate, National Security College, Australian National University US President-elect Donald Trump has named most of the members of his proposed cabinet. However, he’s yet to reveal key appointees to America’s powerful cyber warfare and intelligence institutions. ...
Announcing the top 10 books of the the year at Unity Books’ stores in High St, Auckland, and Willis St, Wellington.AUCKLAND1 Intermezzo by Sally Rooney (Faber & Faber, $37) The phenomenal Irish writer is the unsurprising chart topper for 2024 with her fourth novel that, much like her first ...
The government has confirmed its plan to break up Te Pūkenga / New Zealand Institute of Skills and Technology and re-establish independent polytechnics. ...
Apparently this country is tipped for a big economic boom this year.
Whats the bet that those in the lower middle and the bottom will get bugger all or nothing and that those at the top will capture all the benefits?
It is essentially what happens when you pump prime the economy with an influx of insurance money and Nationals traditional election year cookie crumb droppings, and offset by the price of rising interest costs flooding in from offshore.
It will be essentially jobless – so as fragile as hell. Not to mention the numbers of milk powder production facilities coming online throughout the world at present making an impact on Fonterra’s commodity business.
If the “recovery” makes an impact, then I’d expect it to dissipate by the end of the year. But that is what we all knew anyway eh?
The various articles predicting an economic boom next year IMO are partly wishful hoping – although I have no doubt there will be those putting a lot into trying to make this happen in an election year.
And I agree that any gains will not flow through to those in the lower middle class and bottom – eg just more of the same in terms of lack of jobs, bene bashing etc.as Lprent says in his reply.
But not all are predicting a boom year without reservation.
This Herald article today on predictions for the NZ stock market in 2014 is very interesting. It starts out with a positive perspective in the heading and first few paragraphs, but then moves to a more cautious stance from Mark Lister, head of research at Craigs Investments Partners – New Zealand’s largest retail broker – who believes that the stockmarket will not perform as strongly next year.
It then ends on a negative note from JBWere strategist Bernard Doyle who is convinced New Zealand may not be the best place for investors.
This month, Doyle recommended clients lower their exposure to New Zealand because of concerns about high local share prices, rising interest rates and the pending general election.
“This backdrop leaves us underwhelmed with the risk-reward presented by the local market,” he said.
“This does not mean we think New Zealand equities are necessarily going to decline in 2014.
“It simply reflects that we don’t believe investors are likely to be adequately rewarded for the risks they bear in this market.”
Instead, Doyle is recommending clients invest more in global listed companies, and he even prefers Australia to New Zealand.
“Global equities are top of the pile, Australia second, and New Zealand last.”
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11179215
Middle-class mortgage holders will be sensitive to rising interest rates. The Nats probably have plans about how to throw some ‘assistance’ their way to reduce anxiety before the election.
But most benefits of increased economic activity will continue to flow to business owners and investors rather than staff. The latter and their representatives will put up with it like always. The Nats don’t need their votes. Other parties must do a far better job of winning those or we get the next stage of our return to the 1990s.
There’s a solid chance of GFC 2 occurring next year.
China’s shadow banking system is out of control. See:
http://blogs.wsj.com/chinarealtime/2013/09/09/video-illustrating-chinas-shadow-banking-problem/
This could well cause Australian mineral prices and NZ dairy prices to fall in 2014, and may even bring GFC2.
And we all know how well the Nats would handle GFC2, they would put their fingers in their ears and refuse to admit it’s happening. Until it’s too late!
More tax payer funded bail outs of their bankster friends!
I have been thinking about TPPA and the fact that Wayne Mapp admitted that there would be some loss of sovereignty for NZ but it would be worth it for the benefits. It appears to me that loss of sovereignty would not be to other countries but to Big Corporations- Big Pharma, Tobacco, Biotech (GE/GM) etc who have written the TPPA. As far as I am concerned, if Tim Groser agrees to investor-state dispute settlements then he should be tried as a traitor.
http://www.whaleoil.co.nz/2013/12/ten-indicators-things-coming-right/
– A collection of links from reputable sources, more good news
There’s a problem with your link. It appears to be to a spam site.
No problemo, let me help you out
http://www.odt.co.nz/news/dunedin/286672/big-reduction-assaults-police
http://www.3news.co.nz/NZ-cot-death-rates-decline/tabid/423/articleID/324289/Default.aspx
http://www.beehive.govt.nz/release/crime-continues-tumble-biggest-reduction-auckland
http://www.stuff.co.nz/dominion-post/comment/editorials/9556219/Editorial-War-on-smoking-progress-plain-to-see
http://lindsaymitchell.blogspot.co.nz/2013/04/the-falling-teenage-birth-rate.html
http://home.nzcity.co.nz/news/article.aspx?id=176180 (Low road toll part of downward trend)
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10876782 (New Zealand’s infant mortality rate – babies who die before their first birthdays – has fallen steadily from 25 for every 1000 births in the early 1950s to 4.8 for every 1000 in the Unicef data, and to 4.2 in the latest Statistics NZ figures for 2012.)
http://www.scoop.co.nz/stories/PO1308/S00365/chief-coroner-releases-nz-annual-suicide-figures-2013.htm
Still plenty of work to do in a lot of areas but its a good start
Falling crime is driven by demographic changes as much as anything. Though our decade-long over-investment in prisons must be playing some part.
The key line Sacha is this:
“with recorded offences down for the third fiscal year in a row, and a massive 17.4 per cent drop in crimes in the past three years”
If you starve front-line police of funding and manpower, this is what you would also see. There is data here but no actual correlation proving that recorded offences can be equated with a falling crime rate as there are so many other factors in play (especially under the Nacts)
They can only go by the recorded data but what say you about the other links?
It shows that NZ is finally reaping the rewards for Labour’s hard work over 9 years in power. That is the kind of timescale these things have to be judged on.
National has tended to simply maintain the status quo they inherited on many of these issues, apart from ridiculous and useless laws like 3-strikes and car crushing.
Nice one 🙂
They’ve also changed the reporting to reduce domestic violence stats.
There have been a number of reports about this, but still National brag about the success. They are truly an Orwellian government. Agencies express concerns over crime statistics
Yeah you ever tried to get a cop to come to your house for a Burglary? Yeah right! It’s more like “Here’s a Event number for your Insurance Company”
Yep! Unless of course you can provide them with the video – then they’re there in seconds to tock up one to the cleanup stats.
Yet rising crime is a very good signal of inequality and other social dysfunctions so if crime is falling under National…
“reputable sources … lindsaymitchell.blogspot.co.nz”
I question your assumptions.
Mostly reputable but you can go to stats nz to check the figures if you dont believe them but really the main point is to highlight the good things thats happening to this country 🙂
Half of which national get in the way of or institutionally fabricate, and the rest are pathetically outnumbered by the housing crisis alone.
But you don’t give a shit about that, because it’s all just a game to you – as long as the blue team win, you’re happy. No matter how many forestry workers die.
Although there is some evidence that the police are just dismissing some complaints and of course in the DV area it looks like they don’t bother to charge just hand out the wet bus ticket Police safety order – so that the kids are made homeless. Takes thousands of offences off the books.
c73
Spend your time learning facts about what is happening and also the facts of reports on conjecture about likely happenings in the world and NZ instead of just seeking good news from the past. You aren’t doing anything useful. If you want to be useful and don’t want to run in the looming marathon future event yourself, you might offer something useful to help the runners to bolster their strength and understanding of how to combat the hazards to be faced. Not hand-picked good news statistics. They won’t be aids in preventing the damage to life we are facing.
I disagree, I think theres some good and useful facts in there. I do understand that any good news for National is considered bad however along with the doom and gloom the left is promoting its also good to have some good news as well.
chris73
You silly person – we here are not playing your stupid game of political tiddlywinks. When we talk doom and gloom we are trying to face real problems and look for real answers. Stay with your game of who is going to win the 2014 test match, your side or those upstart others. Those who can’t think beyond sporting games are lacking brain activity in the part of the brain that can objectively and logically look at things to come, and the real outcomes of present happenings. You waste your and our time with your inane mumbles.
I see your name coming up here like fertile weeds in my garden. Aaaahhh! Try reading a book, alot of books, why don’t you. lprent doesn’t need your input to boost the site’s stats over snakeoil and taniwhablog.
Ok but only because you said it
“You silly person – we here are not playing your stupid game of political tiddlywinks.”
Actually you are playing chris’s stupid game. And so is anyone who replies to him.
God only knows why the mods here continue to let him link-whore his stupid whaleoil posts, and that’s pretty much all he ever does here.
If you want a giggle, pop over to pundit and read another confused piece from Josie Pagani about religion. Honestly, that women is the very definition of the immodestly clueless.
Thanks but no thanks.
Oh goddammit, Sanc, I have no self-restraint when it comes to reading Josie Pagani’s attempts at commentary, and now I feel like I’ve been zapped with Will Smith’s neuralyzer.
Her ability to be wrong about more than politics is oddly reassuring. Just wait until she tackles science.
Get it? Santa Claus is a fat socialist… handing out money and pressies willy-nilly with no thought to the cost. Quick, somebody tell the 800,000 voters who never voted. We’re home and hosed!
and that’s just for starters:
http://pundit.co.nz/content/no-we%E2%80%99re-not-the-most-secular-nation-in-the-world
And ssshhh, nobody tell the Republicans that Red is a socialist colour.
“Quick, somebody tell the 800,000 voters who never voted. We’re home and hosed!”
And the other big man – no beard though, and always wears black ( OMG is he a NZF supporter?) – is working on a solution to non-voters.
KDC Tweet on 26 Dec
New Zealand politics will get exciting in 2014. My advanced non-voter activation alogarithm is genius. You’ll see 🙂
LOL
Well she had one good thing to say in reminding us that we dont have to put up with Jim Mora and his stupid panel for a while.
Always be thankful for small mercies
Mr Brown’s Boys
Part 1 of 2
SCENE: Friday December 6, 2013. The Public Address Academy, Auckland. The headmaster, the venerable Mr Brown, can be seen walking across the quad to the Hard News classroom, accompanied by a boy dressed in a King’s Prep uniform. Mr Brown is the foundation headmaster of his school, and has been running it for many years—too many years, some would say. He has in recent times been prone to some appalling lapses in judgement, and is increasingly given to irascible outbursts when criticized for that lack of judgement.
MR BROWN: Wait outside the classroom, Matthew. I’ll call you in after I’ve established a few ground rules.
MR BROWN enters the classroom.
Today there is an air of sadness hanging over the P.A. Academy; the heroic anti-apartheid activist and former president of South Africa, Nelson Mandela, has died, and the pupils know they will be expected to compete with one another to say how sad they are. Mr Brown sets the tone authoritatively….
MR. BROWN: I remember seeing Nelson Mandela at Wembley Stadium, shortly after his release, in 1990.
….Several pupils stifle yawns, several exhale loudly and slump in their chairs, others roll their eyes. Mr Brown is oblivious to all of these signs, however…
MR. BROWN: Mandela came to the front of the stage to speak and, after three solid minutes of cheering, the crowd began to sing ‘You’ll Never Walk Alone’. Never has that song sounded so resonant. I think I cried.
….Several pupils snicker, and several more can be seen rolling their eyes sardonically…..
MR. BROWN: You will have other thoughts and memories and you are welcome to share them here. Please be respectful of each other. Michael, you were the first to put your hand up. Please stand up and share with the class how sad you are.
MIKE O’CONNELL: What can one say, others will say it better in the eulogies that will pour out. Simply RIP Nelson Mandela, the world is a poorer place without you but your legacy will remain for a long, long time.
MR. BROWN: Good, good. That was so sincere. Paul?
PAUL CAMPBELL: I cried the day he was released, tears are flowing now – what more can I say.
HEBE: I am so happy for him that he died at home, at 95, with his people. Who would have thought in 1981 that could happen?
LUCY TELFAR BARNARD He was so great a man it was a privilege even to walk on the same planet as him.
MR. BROWN: [visibly moved] Right on. Just a minute. I have someone waiting outside who wants to tell you how upset HE is at the death of Madiba.
Mr Brown leaves the classroom and re-enters with the boy in the King’s Prep uniform. The boy is smirking unpleasantly, and arrogantly looks down his nose at the children in the class, who seem to already know him….
SEVERAL VOICES: Fuck off, Hooton!
MR BROWN: Class, this is Matthew. He’s joining you today to join in with your tributes to Nelson Mandela.
MURMURING FROM CLASS: What?!!???!? …. HE’S A NOTORIOUS RACIST!!! …. How COULD you invite HIM of all people to talk about Mandela?
MR BROWN: [reproachfully] I did ask you to show respect for each other.
UPROAR FROM CLASS:…. Totally inappropriate! …. Brown has lost his fucking marbles!…. That’s Matthew fucking Hooton, the racist prick!… Russell Brown needs to be put out to pasture NOW!!!… Silly old bastard!
MR BROWN: [tired and at his wits’ end] I have repeatedly asked everyone here to show good faith and respect. If you can’t do that, please leave the discussion.
SEVERAL VOICES: This is a fucking JOKE! This guy is a RACIST, yet Brown is letting him speak about Nelson Mandela!??!!?!?
MATTHEW HOOTON: Isn’t it a strange, melancholy and nostalgic day? Mandela really was the greatest figure of the 20th century.
SEVERAL VOICES: Fuck off, racist!…. He’s a friend of John Ansell, for Chrissakes!… SHUSH! He’s starting to speak…
MATTHEW HOOTON: In the way I view the world, being a child of the 1980s, he was alongside Reagan, Thatcher and Gorbachev in the sense of bringing tyranny to an end…
OUTRAGE AND UPROAR FROM CLASS: What the FUCK!!!?!?!!?…. W-w-w-what did that smirking, smarmy prick just say?!!???!
….END OF PART ONE…..
http://publicaddress.net/hardnews/mandela/
“… He’s a friend of John Ansell, for Chrissakes!…”
heh..!
phillip ure..
Actually, he’s more than just a friend; Hooton was a co-conspirator in the cynical, disgusting campaign of race-baiting that constituted the bulk of Don Brash’s doomed campaign in 2005. For the gruesome and incriminating details, read Nicky Hager’s The Hollow Men.
Rubbish. Hagar says Hooten was pushing *against* the race-baiting. Read from p80.
He told them to tone it down at the time, purely as a practical measure: Hooton, unlike many in the National Party, does have a brain and realised the revulsion that most people would have for the kind of racial hatred being pushed by Ansell.
Hooton made a public show of pinching his nose to show his disapproval after they carried on despite his “pushing against the race-baiting”. If he’d had any decency at all, he would have had nothing to do with that racist campaign.
I’m not surprised to see you spinning for Hooton, however. You went out of your way to make the same point in that infamously stupid thread on Public Address, when so many of that forum’s “liberals” bent over backwards to praise Hooton’s hypocrisy, and to pretend that he really meant what he had written.
Spinning? You clearly have too much time on your hands, chap.
Spinning?
Call it what it used to be called then: you were apologizing for him.
You clearly have too much time on your hands, chap.
That comment makes no sense whatsoever. What if I had 24 hours a day free? What difference would it make?
Hooton doesn’t have opinions, he has brand management and he saw PA as an opportunity, no more, – and in doing so, he proved that liberals believe what they want to believe.
He never misses an opportunity to race-bait, saying the Labour is full of “stupid maori” (RNZ), that Mana is full of “dumb bros” (NBR), he thinks that the Kahui child murder was a great opportunity to make a “hilarious” political joke (RNZ)… well the Penguin and his fan club had a good giggle over that one at least.
If he had any decency – which he doesn’t – he’d dog-whistle at a higher pitch.
Hooton’s not a racist? Wanna buy a bridge? I got one to sell…
Oh, by the way, I’m not sure that he’s like to be defended by Nicky Hagar – he likes to call him a [Snip]
[Way off point and disruptive. Tone it down – MS]
Rhinocrates, you have a starring role in Part Two of Mr Brown’s Boys. I’ll put it up in the next day or so.
Blushing already.
Nothing to blush about, my friend. You’re one of the heroes.
Some musings beautifully done on what Christmas can mean even in these times of confusion and questioning of false norms and traditions. Tim Minchin, combined with great graphics makes a lovely tribute to people who care about each other coming together at Christmas.
http://www.youtube.com/watch?v=vWQuDtxD2-c
Tim Minchin
White Wine in the Sun
(Muvizu Animdation)
The latest on NSA undermining of integrity of world governments and business and private citizens freedoms to live their lives without interference.
http://www.reuters.com/article/2013/12/20/us-usa-security-rsa-idUSBRE9BJ1C220131220
and
http://www.spiegel.de/international/world/catalog-reveals-nsa-has-back-doors-for-numerous-devices-a-940994.html
guyon espiner to become new morning report (nat-rad) co-host..
phillip ure..
Here’s the RNZ link to the announcement of Espiner’s appointment.
http://www.radionz.co.nz/news/national/232147/guyon-espiner-joins-morning-report
Espiner? Is that the guy that’s slightly to the right of Gengis Khan.
I think Paul Thompson was having a joke for Gods sake Espiner even has ‘Spin’ as part of his name.
Election year appointment.
Patsey public broadcasting.
Jim Mora would ask harder questions .
tricledrown: Election year appointment. Patsey public broadcasting. Jim Mora would ask harder questions .
JEREMY ELWOOD: Ha ha ha ha ha ha ha ha!
SUSAN BALDACCI: He he he he he he he!
JIM MORA: Oh that’s very good! Tricledrown is with us on the Panel. Coming up: another survey and more quotes from the New York Times.
“..Jim Mora would ask harder questions..”
that’s funny..!
..not true..of course..but funny nonetheless..
phillip ure..
C73 regional police commanders massage crime figures.
New technology ie cctv DNA cellphone cameras aging population are the main reasons.
But sacking a large swathe of paper shufflers has changed frontline policing ,Police Now reluctant to deal with crime because they have to do heaps more paperwork.
I wondered about those lower crime figures. Normal response – bloody paperwork so don’t feed details through unless necessary. So less crime BEING REPORTED. Important words.
Just wanted to say thank you to Lprent for the new style Comments and Links. Very impressive, while clean and clear.
Thanks.
Hear, hear!
I liked it. Try pressing a handle…
Wonderful – straight to all comments by that handle! I tried Chris73 – does he do anything else, I wonder?
He likes to visit gun city to watch the ammo with Judith..
cool..i never pay enough attention to know who’s right/left..if their actual words don’t indicate..
..now i will know..
..(btw..i think i’m kinda left..but not old skool bbq-stalinist left..and i guess the soak-the-rich/end-poverty/stop-eating-fucken-animals and legalise pot while you are at it..makes me kinda left-left..
..more green than most of the greens..
(especially ‘more green than ‘please-pass-me-that-bowl-of-pig-fat turei..eh..?)..but really..i shouldn’t single turei out..most green mp’s are in that basket..certainly not a vegan to be seen amongst them..)
..more labour/left than most of the labour/left here..(and especially more so than the current mob of labour mp’s..)
(c.f partial-nationalisation-plan/idea..)
..and mana are so so hangi-heavy..so far from even vegetarian..that i despair..(sigh..!..)
..and all of the political parties in complete denial about the implications/impacts of what they eat..
..and somehow..i think that dotcoms’ party will also be kinda heavy on the charred animal-flesh..eh..?
..where do i belong..?
..phillip ure..
For some reason @Phillip, you just reminded me – I need to watch “Eat the Rich” again.
heh..!
phillip ure..
“most green mp’s are in that basket..certainly not a vegan to be seen amongst them”
really? do share your sources.
norman..vego..turei carnivore..hughes..vego..graham..carnivore..delahunty..carnivore..hague ..vego (i think..)..clendon vego..
..dunno about the others..but hughes confirmed on a frogblog thread a while back that there were no vegans..
.and..y’know..some people who still eat fish call themseves vegetarians..(!)
phillip ure..
“a frogblog thread a while back”
Thanks.
should i start a ‘soak-the-rich/end-poverty/stop-eating-fucken-animals and legalise pot while you are at it!’- party..?
..surely that grab-bag of issues could muster 5%..?
phillip ure..
C73 most of your links contradict your claims.
Child deaths we are the worst in the developed world only the US is worse.
Suicides only 2 less per year than longterm average.
Those figures jump up and down.
Violent and domestic abuse continues to climb.
Unreported crime figures are researched by Police.
So are massaged.
Burglaries are down.
Yeah right.
Most people have a $300 to $1000 no claim ryder on their insurance policy so their is no point in reporting minor crime to police and waste time.
You had better come up with better spin .
Captive 73.
Ackshully the Left will need better spin because the swing and undecided voters will be getting their information from the MSM and not from political blogs which means they’ll be reading the headlines and the headlines are saying good, positive things about NZ
And that means 3 more years of National
tricledrowning
Less “real” crime actioned, but a lot more traffic notices trying to be issued. The 4km allowance is because there were a lot less tickets issued last year and financial targets not met. BTW quotas are now called targets and even very senior and CIB staff expected to meet them.
How are they doing it, night shift officers are sitting on CCTV cameras and issuing tickets for parking ,passing etc without leaving the office.
If it’s happening in Nelson it must be the same countrywide.
Whaleoil is not a journalist, in the same way a writer for a
church newsletter is not, preaching to a select audience of
believers doth not maketh it so. There is a public interest in a
broad sheet having such protection. The protection applies
to media that serves all groups, an impartiality in the media outlet. This of course would also
mean the Herald would also lose such protection IMHO. Nz independence
in news has taken huge loses as pro-wealthy only views have taken over.
Now whether the story is merited protection is a different question.
You rarely see an positive argument against the wealthy that harms general wealth,
made with any vigor.
“..You rarely see an positive argument against the wealthy that harms general wealth,
made with any vigor.
ahem..!
http://whoar.co.nz/
(just saying..!..)
phillip ure..
Middle class and higher is where elections are won or lost. If the MSM keep pumping out the good news, then Labour will have a harder job of getting into government. There is also more consumer confidence out there in the middle class overall, making the current status-quo more likely in the next election.
http://www.stuff.co.nz/life-style/food-wine/9563814/Top-five-obesity-myths
– Food for thought (so to speak)
the meat in that story is this:
“..In the 19th century – when there were no controls on the quality of drinking water –
– infectious disease was a major cause of death.
Once standards were established – the number of these fatalities plummeted.
Similarly – if Americans did not live in a world filled with buffets – cheap fast food – soft drinks with corn syrup –
– and too many foods with excess fat – salt – and sugar –
– the incidence of obesity – heart disease – high blood pressure – and diabetes probably would plummet.
Education can help – but what’s really needed is regulation –
– for example –
– limits on marketing that caters to our addiction to sugar and fat..”
phillip ure..
We’re fucked.
Overall
1.Americas Cup
2.Paul Walker
3.Royal Baby
4.Cory Monteith
5.Lorde
http://www.google.com/trends/topcharts?hl=en&date=2013#geo=NZ&date=2013
Agreed…
You don’t really expect that Google engineered list to be accurate do you? 😈
Chris
how do you think this good news will translate to for those below median income and how long will it take to materialise fir them?
Depends on how long it takes to get more mining and drilling going so more money can come in to help them so probably sooner then Labours plan
Mining what – gold, coal?.
/
http://www.stuff.co.nz/waikato-times/business/9407022/Gold-mine-layoffs-raise-fears-for-Waihi-economy
http://www.stuff.co.nz/waikato-times/business/9048873/Heartbreak-for-Huntly-East-miners
Don’t forget oil
Yup, NZ Oil & Gas is creaming it.
/
http://www.nzog.com/investor-information/shareholders-information/investor-tools/share-price-graph/
edit: oh, Petrobras cut and ran too.
Comparison between who benefits from OIL: Norway vs Ireland
Well worth watching. NZ is going the losers way about this, of course.
I didnt think that you
a. Would think about it and
b. Wouldn’t take it seriously
however your answer did confirm something I had been wondering about you and other national voters.
I’d imagine its probably similar to how I view others on here
Chris
“how do you think this good news will translate to for those below median income and how long will it take to materialise fir them?”
Do you care?
Do I care? Yes I do and thats why National will (hopefully) get another term, the left like to think they have a mortgage on caring well they don’t thats just arrogance from the left.
The left are very good at spending other peoples money but not quite so good when it comes to their own pockets, National is getting the economy moving and that will translate into more jobs which will do more for poverty then any hand-wringing the Left would do
Yeah, Terry Seripisos got things moving too.
/
http://www.stuff.co.nz/national/politics/9380846/Public-debt-climbs-by-27m-a-day
Have to agree with chris73. The left is very good at spending other peoples money until it runs out. Then its up to the centre-right to clean up the mess
nice slogan, shame it’s a complete fabrication.
Do you have a $20 or $50 note in your wallet, McGrath?
Simple question: where did that note originate? The Government, right? So the realisation for you is that it’s not “your” money, you did not create that money, neither do “you” have any ability to give that money any value whatsoever. The Government fulfils all those functions.
Whose money is it again, McGrath?
A fiscal moron requiring education…
I saw Cullen move heaven and earth to finally pay back the government debt that Muldoon squandered in the 80’s because of this problem with Muldoon’s superannuation policy (from 2008).
Then I saw National get in, and now I’m seeing English in another National government try to run the country with debt again. See this chart from here (derived from the budgets)..
So English’s fiscally irresponsible policy is making it difficult if not impossible to pay for Muldoon’s fiscally irresponsible superannuation policy of 1975.
Perhaps you should learn to read accounts rather than pulling bullshit out of your arse… Mind you I suspect that you’re probably too stupid to even know which governments were in what years.
Check out the current debt growth as at Nov 2013.
http://www.stuff.co.nz/national/politics/9380846/Public-debt-climbs-by-27m-a-day
Just as an aside, if I see you make moronic statements like that again without a supporting link or argument you will be booted as being a stupid and ignorant troll trying to start a flamewar. Read the policy
What say you now funny guy McGrath? Or did you close your eyes to 1prent’s graphs? Most libertarian nutters and rwnj’s do… because they don’t really want to know the truth.
Cullen paid off Government debt with money sourced by the private sector going eyeballs deep into debt.
English absolutely had to increase government debt and spend into the country, because in the last few years, the private sector has been removing money from circulation in order to pay off its debt.
If English had not done so, we would have crashed into a severe recession.
TL:DR both Labour and National are playing the international money supply game where only the banksters win.
http://upload.wikimedia.org/wikipedia/commons/thumb/0/0f/New_Zealand_overseas_debt_1993-2010.svg/578px-New_Zealand_overseas_debt_1993-2010.svg.png
Take away the banks ability to create money, make it so that the government can’t borrow and that all the money they create must be spent into the economy with offsetting taxes and you’ll see pretty quickly just whose money it is.
Hint: Money doesn’t belong to the rich no matter how much that they would like think that it does,
what horseshit mcgrath..
..it is the key/tory govt that has blown our foreign debt out from $12 billion when they took office..to over $60 billion now..and a continuation of those borrow to give to the rich policies will see that rise to over $100 billion..
..how does that fit with yr ‘the left are very good at spending other peoples’ money’ lowest-orifice-pluck..?
..eh..?
..$48 billion to date..and fucken counting…eh..?
..phillip ure..
This.
http://www.nybooks.com/articles/archives/2014/jan/09/financial-crisis-why-no-executive-prosecutions/
WTF .
http://www.buzzfeed.com/rosiegray/wikileaks-party-members-visited-top-syrian-regime-officials
C73. Do you think the air and water should be poisoned for bigger profits?
“C73. Do you think the air and water should be poisoned for bigger profits?”
– Yes but only if those profits are sent to me directly
It’s been a good day for chris 73 – has 38 comments on this site today. Fairly short ones, not requiring much work, though he has supplied a few links showing that NZ is doing well so apparently trying to spread Good Cheer in the Holiday Season and throughout the coming year.
C73. what is your opinion of the US health system and what aspects of it do you think should be adopted here.
Also, do you think workers should lose their sick leave,breaks and holidays.
“What is your opinion of the US health system and what aspects of it do you think should be adopted here.”
– Not much, it gets treated as a political football even worse then it does here.
– Off the top of my head theres nothing I can think of, under Tony Ryalls superb stewardship our health system is better then the USAs
“Also, do you think workers should lose their sick leave,breaks and holidays.”
– Yes however I would also add strictly enforced beatings from the master as well to keep the proles in line
“Guyon Espiner to replace Geoff Robinson on Morning Report”
-Granny.
I refuse to link to a Herald article after Jones’ snuff column, so look it up yourselves.
It looks like they’ve finally found a replacement for Key’s fluffer, Plunkett, not Geoff Robinson.
Well, the Concert Programme is a gentler wakeup anyway.
Lprent
they are just mouthpieces for slogans they dont care are lies.
chris you dont care. If you did you would have a better idea than you do of answers to some of my questions. You aree merely a parrot. One masquerading as intelligent but still a parrot.
The problem with the left in general is they think they’re the only ones who care therefore everyone who isn’t left-wing don’t care
The left want to keep people poor (otherwise no one would vote for them) so the lefts policies are about keeping people dependent on the govt whereas the Right want people to be successful
kindergarten politics.
best grow up
Naah if I grew up then I wouldn’t find this amusing:
http://cheezburger.com/7974075904
Talking about money:
Bitcoin is Evil
I’ve taken to disagreeing with Krugman on principle but that’s a pretty good summation of BitCoin.
Carion73
A monetarist like you would cut out the middle man .
And end up poisoning yourself.
Gold price hits the skids
Coal price likwise
Oil discoveries nil
Recovering oil from deep water won’t happen for at least 20 years that’s if they find any.
Betting on loosers.
Something HawaiiKey said he would never do.