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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Back in January a StatsNZ employee gave a speech at Rātana on behalf of tangata whenua in which he insulted and criticised the government. The speech clearly violated the principle of a neutral public service, and StatsNZ started an investigation. Part of that was getting an external consultant to examine ...
Renting for life: Shared ownership initiatives are unlikely to slow the slide in home ownership by much. Photo: Lynn Grieveson / The KākāTL;DR: The top six things I’ve noted around housing, climate and poverty in Aotearoa’s political economy today are:A Deloittereport for Westpac has projected Aotearoa’s home-ownership rate will ...
You're broken down and tiredOf living life on a merry go roundAnd you can't find the fighterBut I see it in you so we gonna walk it outAnd move mountainsWe gonna walk it outAnd move mountainsAnd I'll rise upI'll rise like the dayI'll rise upI'll rise unafraidI'll rise upAnd I'll ...
There’s been a change in Myers Park. Down the steps from St. Kevin’s Arcade, past the grassy slopes, the children’s playground, the benches and that goat statue, there has been a transformation. The underpass for Mayoral Drive has gone from a barren, grey, concrete tunnel, to a place that thrums ...
This is a re-post from Yale Climate Connections Global society may have finally slammed on the brakes for climate-warming pollution released by human fossil fuel combustion. According to the Carbon Monitor Project, the total global climate pollution released between February and May 2024 declined slightly from the amount released during the same ...
TL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last day or so to 7:00 am on Tuesday, July 23 are:Deep Dive: Penlink: where tolling rhetoric meets reality BusinessDesk-$$$’sOliver LewisScoop:Te Pūkenga plans for regional polytechs leak out ...
TL;DR: As of 6:00 am on Tuesday, July 23, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day are:Health: Shane Reti announcedthe Board of Te Whatu Ora-Health New Zealand was being replaced with Commissioner Lester Levy ...
Health NZ warned the Government at the end of March that it was running over Budget. But the reasons it gave were very different to those offered by the Prime Minister yesterday. Prime Minister Christopher Luxon blamed the “botched merger” of the 20 District Health Boards (DHBs) to create Health ...
Long ReadKey Summary: Although National increased the health budget by $1.4 billion in May, they used an old funding model to project health system costs, and never bothered to update their pre-election numbers. They were told during the Health Select Committees earlier in the year their budget amount was deficient, ...
As a momentous, historic weekend in US politics unfolded, analysts and commentators grasped for precedents and comparisons to help explain the significance and power of the choice Joe Biden had made. The 46th president had swept the Democratic party’s primaries but just over 100 days from the election had chosen ...
TL;DR: I’m casting around for new ideas and ways of thinking about Aotearoa’s political economy to find a few solutions to our cascading and self-reinforcing housing, poverty and climate crises.Associate Professor runs an online masters degree in the economics of sustainability at Torrens University in Australia and is organising ...
The Finance and Expenditure Committee has reported back on National's Local Government (Water Services Preliminary Arrangements) Bill. The bill sets up water for privatisation, and was introduced under urgency, then rammed through select committee with no time even for local councils to make a proper submission. Naturally, national's select committee ...
Some years ago, I bought a book at Dunedin’s Regent Booksale for $1.50. As one does. Vandrad the Viking (1898), by J. Storer Clouston, is an obscure book these days – I cannot find a proper online review – but soon it was sitting on my shelf, gathering dust alongside ...
History is not on the side of the centre-left, when Democratic presidents fall behind in the polls and choose not to run for re-election. On both previous occasions in the past 75 years (Harry Truman in 1952, Lyndon Johnson in 1968) the Democrats proceeded to then lose the White House ...
This is a free articleCoverageThis morning, US President Joe Biden announced his withdrawal from the Presidential race. And that is genuinely newsworthy. Thanks for your service, President Biden, and all the best to you and yours.However, the media in New Zealand, particularly the 1News nightly bulletin, has been breathlessly covering ...
A homeless person’s camp beside a blocked-off slipped damage walkway in Freeman’s Bay: we are chasing our tail on our worsening and inter-related housing, poverty and climate crises. Photo: Photo: Lynn Grieveson / The KākāTL;DR: The top six things I’ve noted around housing, climate and poverty in Aotearoa’s political economy ...
What has happened to it all?Crazy, some'd sayWhere is the life that I recognise?(Gone away)But I won't cry for yesterdayThere's an ordinary worldSomehow I have to findAnd as I try to make my wayTo the ordinary worldYesterday morning began as many others - what to write about today? I began ...
TL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last day or so to 7:00 am on Monday, July 22 are:Today’s Must Read: Father and son live in a tent, and have done for four years, in a million ...
TL;DR: As of 7:00 am on Monday, July 22, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day are:US President Joe Biden announced via X this morning he would not stand for a second term.Multinational professional services firm ...
A listing of 32 news and opinion articles we found interesting and shared on social media during the past week: Sun, July 14, 2024 thru Sat, July 20, 2024. Story of the week As reflected by preponderance of coverage, our Story of the Week is Project 2025. Until now traveling ...
This weekend, a friend pointed out someone who said they’d like to read my posts, but didn’t want to pay. And my first reaction was sympathy.I’ve already told folks that if they can’t comfortably subscribe, and would like to read, I’d be happy to offer free subscriptions. I don’t want ...
National: The Party of ‘Law and Order’ IntroductionThis weekend, the Government formally kicked off one of their flagship policy programs: a military style boot camp that New Zealand has experimented with over the past 50 years. Cartoon credit: Guy BodyIt’s very popular with the National Party’s Law and Orderimage, ...
Day one of the solo leg of my long journey home begins with my favourite sound: footfalls in an empty street. 5.00 am and it’s already light and already too warm, almost.If I can make the train that leaves Budapest later this hour I could be in Belgrade by nightfall; ...
Do you remember Y2K, the threat that hung over humanity in the closing days of the twentieth century? Horror scenarios of planes falling from the sky, electronic payments failing and ATMs refusing to dispense cash. As for your VCR following instructions and recording your favourite show - forget about it.All ...
Climate Change Minister Simon Watts being questioned by The Kākā’s Bernard Hickey.TL;DR: My top six things to note around housing, climate and poverty in Aotearoa’s political economy in the week to July 20 were:1. A strategy that fails Zero Carbon Act & Paris targetsThe National-ACT-NZ First Coalition Government finally unveiled ...
Summary:As New Zealand loses at least 12 leaders in the public service space of health, climate, and pharmaceuticals, this month alone, directly in response to the Government’s policies and budget choices, what lies ahead may be darker than it appears. Tui examines some of those departures and draws a long ...
The Minister of Housing’s ambition is to reduce markedly the ratio of house prices to household incomes. If his strategy works it would transform the housing market, dramatically changing the prospects of housing as an investment.Leaving aside the Minister’s metaphor of ‘flooding the market’ I do not see how the ...
As previously noted, my historical fantasy piece, set in the fifth-century Mediterranean, was accepted for a Pirate Horror anthology, only for the anthology to later fall through. But in a good bit of news, it turned out that the story could indeed be re-marketed as sword and sorcery. As of ...
An employee of tobacco company Philip Morris International demonstrates a heated tobacco device. Photo: Getty ImagesTL;DR: The top six things I’ve noted around housing, climate and poverty in Aotearoa’s political economy on Friday, July 19 are:At a time when the Coalition Government is cutting spending on health, infrastructure, education, housing ...
TL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last day or so to 8:30 am on Friday, July 19 are:Scoop: NZ First Minister Casey Costello orders 50% cut to excise tax on heated tobacco products. The minister has ...
Kia ora, it’s time for another Friday roundup, in which we pull together some of the links and stories that caught our eye this week. Feel free to add more in the comments! Our header image this week shows a foggy day in Auckland town, captured by Patrick Reynolds. ...
TL;DR : Here’s the top six items climate news for Aotearoa this week, as selected by Bernard Hickey and The Kākā’s climate correspondent Cathrine Dyer. A discussion recorded yesterday is in the video above and the audio of that sent onto the podcast feed.The Government released its draft Emissions Reduction ...
Save some money, get rich and old, bring it back to Tobacco Road.Bring that dynamite and a crane, blow it up, start all over again.Roll up. Roll up. Or tailor made, if you prefer...Whether you’re selling ciggies, digging for gold, catching dolphins in your nets, or encouraging folks to flutter ...
Waiting In The Wings:For truly, if Trump is America’s un-assassinated Caesar, then J.D. Vance is America’s Octavian, the Republic’s youthful undertaker – and its first Emperor.DONALD TRUMP’S SELECTION of James D. Vance as his running-mate bodes ill for the American republic. A fervent supporter of Viktor Orban, the “illiberal” prime ...
TL;DR: As of 6:00 am on Friday, July 19, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day are:The PSAannounced the Employment Relations Authority (ERA) had ruled in the PSA’s favour in its case against the Ministry ...
A late change to charter school legislation will cheat educators out of fair pay and negotiating power proving charter schools are just a vehicle to make profit out of our education system. ...
In 2004 te iwi Māori rallied against the Crown’s attempt to confiscate our coastlines and moana with the Foreshore and Seabed Act. This led to the largest hīkoi of a generation and the birth of Te Pāti Māori. 20 years later, history is repeating itself. Today the government has announced ...
It has been five and a half years since the Royal Commission of Inquiry into Abuse in Care was established to investigate the abuse of children, young people, and vulnerable adults within state and faith-based institutions. Yesterday, the final report - Whanaketia through pain and trauma, from darkness to light ...
The Green Party is calling on the Government to take action off the back of the International Court of Justice ruling on Israel’s illegal occupation of Palestine. ...
On Friday the International Court of Justice reaffirmed what Palestinian’s have been telling us for decades: that the occupation and colonisation of Palestinian lands by Israel is illegal and must end immediately. They also called for reparations for Palestinian’s who have lived under Israeli occupation since it began in 1967. ...
Labour calls on the Government to act after the International Court of Justice (ICJ) ruled that Israel’s occupation of Palestinian Territories is illegal. ...
The 53.7 percent rise in benefit sanctions over the last year is more proof of this Government’s disdain for our communities most in need of support. ...
Aotearoa could be a country where every child grows up feeling safe, loved and with a sense of belonging in their whānau and community. But for some of our children, this is far from reality. Instead, they are trapped in a maze of intergenerational harm that they can’t escape on ...
Te Pāti Māori are calling for David Seymour to resign as Associate Health Minister in response to his call for Pharmac to ignore the Treaty of Waitangi. “This announcement is just another example of the government’s anti-Tiriti, anti-Māori agenda.” Said Co-leader and spokesperson for health, Debbie Ngarewa-Packer. “Seymour thinks it ...
The soaring price of renting is driving the rise of inflation in this country - with latest figures from Stats NZ showing rents are up 4.8 per cent on average while annual inflation is at 3.3 per cent. ...
National’s Emissions Reduction Plan will take New Zealand further from the economy we need to ensure the next generation has a stable climate and secure livelihoods. ...
Following consultation with named parties and thorough consideration of privacy interests, the Green Party is in a position to release the Executive Summary of the final report from the independent investigation into Darleen Tana. ...
Prime Minister Christopher Luxon should be asking serious questions of his Minister for Resources Shane Jones now it’s been revealed he misled the public about a dinner with mining companies that he didn’t declare and said wasn’t pre-arranged. ...
Te Pāti Māori have submitted to the Justice Select Committee against the Sentencing (Reinstating Three Strikes) Amendment Bill. The bill will further entrench racism in our justice system and fails to focus on rehabilitation. “Reinstating Three Strikes will empower a systematically racist system and exacerbate the overrepresentation of Māori in ...
The Transport and Infrastructure Committee is set to make a determination on the Residential Tenancies Amendment (RTA) Bill in the coming weeks. “This legislation will give landlords the power to kick our whānau out onto the street for no reason” said Housing spokesperson, Mariameno Kapa-Kingi. “Their solution to the housing ...
“National’s campaign was about tackling crime and the best they can do is a two-year long Ministerial Advisory Group,” Labour justice spokesperson Duncan Webb said. ...
“There are more examples of charter schools failing their students than there are success stories. The coalition Government is driving to dismantle our public school system and instead promote a privatised, competitive structure that puts profits before kids,” Jan Tinetti said. ...
“This government is choosing to deliberately mislead and withhold information, keeping our people in the dark about this government’s agenda and the future of our mokopuna,” said co-leader and spokesperson for Health, Debbie Ngarewa-Packer. The call comes after the demand from the Chief Ombudsman that Associate Minister of Health, Casey ...
“Today’s climate announcement by Simon Watts makes clear the National Government is simply paying lip service to meeting its climate change targets,” Megan Woods said. ...
National is choosing to make life harder for workers by taking away the rights our communities have fought hard for. Here's how they’re taking workers backwards. ...
Australia, Canada and New Zealand today issued the following statement on the need for an urgent ceasefire in Gaza and the risk of expanded conflict between Hizballah and Israel. The situation in Gaza is catastrophic. The human suffering is unacceptable. It cannot continue. We remain unequivocal in our condemnation of ...
Attorney-General Judith Collins today reminded all State and faith-based institutions of their legal obligation to preserve records relevant to the safety and wellbeing of those in its care. “The Abuse in Care Inquiry’s report has found cases where records of the most vulnerable people in State and faith‑based institutions were ...
Minister of Internal Affairs Brooke van Velden says the Government’s online safety website for children and young people has reached one million page views. “It is great to see so many young people and their families accessing the site Keep It Real Online to learn how to stay safe online, and manage ...
Tēnā tātou katoa, Ngā mihi te rangi, ngā mihi te whenua, ngā mihi ki a koutou, kia ora mai koutou. Thank you for the opportunity to be here and the invitation to speak at this 50th anniversary conference. I acknowledge all those who have gone before us and paved the ...
New Zealand’s payroll providers have successfully prepared to ensure 3.5 million individuals will, from Wednesday next week, be able to keep more of what they earn each pay, says Finance Minister Nicola Willis and Revenue Minister Simon Watts. “The Government's tax policy changes are legally effective from Wednesday. Delivering this tax ...
An experimental vineyard which will help futureproof the wine sector has been opened in Blenheim by Associate Regional Development Minister Mark Patterson. The covered vineyard, based at the New Zealand Wine Centre – Te Pokapū Wāina o Aotearoa, enables controlled environmental conditions. “The research that will be produced at the Experimental ...
The Coalition Government has confirmed the indicative regional breakdown of North Island Weather Event (NIWE) funding for state highway recovery projects funded through Budget 2024, Transport Minister Simeon Brown says. “Regions in the North Island suffered extensive and devastating damage from Cyclone Gabrielle and the 2023 Auckland Anniversary Floods, and ...
Indonesia’s Foreign Minister, Retno Marsudi, will visit New Zealand next week, Foreign Minister Winston Peters has announced. “Indonesia is important to New Zealand’s security and economic interests and is our closest South East Asian neighbour,” says Mr Peters, who is currently in Laos to engage with South East Asian partners. ...
He aha te kai a te rangatira? He kōrero, he kōrero, he kōrero. The government has reaffirmed its commitment to supporting the aspirations of Ngāti Maniapoto, Minister for Māori Development Tama Potaka says. “My thanks to Te Nehenehenui Trust – Ngāti Maniapoto for bringing their important kōrero to a ministerial ...
Transport Minister Simeon Brown has thanked outgoing Chair of the Civil Aviation Authority, Janice Fredric, for her service to the board.“I have received Ms Fredric’s resignation from the role of Chair of the Civil Aviation Authority,” Mr Brown says.“On behalf of the Government, I want to thank Ms Fredric for ...
The Government is proposing legislation to overturn a Court of Appeal decision and amend the Marine and Coastal Area Act in order to restore Parliament’s test for Customary Marine Title, Treaty Negotiations Minister Paul Goldsmith says. “Section 58 required an applicant group to prove they have exclusively used and occupied ...
Regulation Minister David Seymour says that opposition parties have united in bad faith, opposing what they claim are ‘dangerous changes’ to the Early Childhood Education sector, despite no changes even being proposed yet. “Issues with affordability and availability of early childhood education, and the complexity of its regulation, has led ...
After receiving more than 740 submissions in the first 20 days, Regulation Minister David Seymour is asking the Ministry for Regulation to extend engagement on the early childhood education regulation review by an extra two weeks. “The level of interest has been very high, and from the conversations I’ve been ...
The Coalition Government is investing $802.9 million into the Wairarapa and Manawatū rail lines as part of a funding agreement with the NZ Transport Agency (NZTA), KiwiRail, and the Greater Wellington and Horizons Regional Councils to deliver more reliable services for commuters in the lower North Island, Transport Minister Simeon ...
Local Government Minister Simeon Brown has announced his intention to appoint a Crown Manager to both Hawke’s Bay Regional and Wairoa District Councils to speed up the delivery of flood protection work in Wairoa."Recent severe weather events in Wairoa this year, combined with damage from Cyclone Gabrielle in 2023 have ...
Mr Speaker, this is a day that many New Zealanders who were abused in State care never thought would come. It’s the day that this Parliament accepts, with deep sorrow and regret, the Report of the Royal Commission of Inquiry into Abuse in Care. At the heart of this report are the ...
For the first time, the Government is formally acknowledging some children and young people at Lake Alice Psychiatric Hospital experienced torture. The final report of the Royal Commission of Inquiry into Abuse in State and Faith-based Care “Whanaketia – through pain and trauma, from darkness to light,” was tabled in Parliament ...
The Government has acknowledged the nearly 2,400 courageous survivors who shared their experiences during the Royal Commission of Inquiry into Historical Abuse in State and Faith-Based Care. The final report from the largest and most complex public inquiry ever held in New Zealand, the Royal Commission Inquiry “Whanaketia – through ...
With a week to go before hard-working New Zealanders see personal income tax relief for the first time in fourteen years, 513,000 people have used the Budget tax calculator to see how much they will benefit, says Finance Minister Nicola Willis. “Tax relief is long overdue. From next Wednesday, personal income ...
Workplace Relations and Safety Minister Brooke van Velden says a bill that has passed its first reading will improve parental leave settings and give non-biological parents more flexibility as primary carer for their child. The Regulatory Systems Amendment Bill (No3), passed its first reading this morning. “It includes a change ...
Two Bills designed to improve regulation and make it easier to do business have passed their first reading in Parliament, says Economic Development Minister Melissa Lee. The Regulatory Systems (Economic Development) Amendment Bill and Regulatory Systems (Immigration and Workforce) Amendment Bill make key changes to legislation administered by the Ministry ...
New legislation paves the way for greater competition in sectors such as banking and electricity, Commerce and Consumer Affairs Minister Andrew Bayly says. “Competitive markets boost productivity, create employment opportunities and lift living standards. To support competition, we need good quality regulation but, unfortunately, a recent OECD report ranked New ...
Minister of Internal Affairs Brooke van Velden says lotteries for charitable purposes, such as those run by the Heart Foundation, Coastguard NZ, and local hospices, will soon be allowed to operate online permanently. “Under current laws, these fundraising lotteries are only allowed to operate online until October 2024, after which ...
The Coalition Government is accelerating work on the new four-lane expressway between Auckland and Whangārei as part of its Roads of National Significance programme, with an accelerated delivery model to deliver this project faster and more efficiently, Transport Minister Simeon Brown says. “For too long, the lack of resilient transport connections ...
Sir Don McKinnon will travel to Viet Nam this week as a Special Envoy of the Government, Foreign Minister Winston Peters has announced. “It is important that the Government give due recognition to the significant contributions that General Secretary Nguyen Phu Trong made to New Zealand-Viet Nam relations,” Mr ...
Minister of Internal Affairs Brooke van Velden says newly appointed Commissioner, Grant Illingworth KC, will help deliver the report for the first phase of the Royal Commission of Inquiry into COVID-19 Lessons, due on 28 November 2024. “I am pleased to announce that Mr Illingworth will commence his appointment as ...
Foreign Minister Winston Peters travels to Laos this week to participate in a series of Association of Southeast Asian Nations (ASEAN)-led Ministerial meetings in Vientiane. “ASEAN plays an important role in supporting a peaceful, stable and prosperous Indo-Pacific,” Mr Peters says. “This will be our third visit to ...
Construction of a new mental health facility at Te Nikau Grey Hospital in Greymouth is today one step closer, Mental Health Minister Matt Doocey says. “This $27 million facility shows this Government is delivering on its promise to boost mental health care and improve front line services,” Mr Doocey says. ...
New Zealand is committing nearly $50 million to a package supporting sustainable Pacific fisheries development over the next four years, Foreign Minister Winston Peters and Oceans and Fisheries Minister Shane Jones announced today. “This support consisting of a range of initiatives demonstrates New Zealand’s commitment to assisting our Pacific partners ...
Associate Education Minister David Seymour says proposed changes to the Education and Training Amendment Bill will ensure charter schools have more flexibility to negotiate employment agreements and are equipped with the right teaching resources. “Cabinet has agreed to progress an amendment which means unions will not be able to initiate ...
In response to serious concerns around oversight, overspend and a significant deterioration in financial outlook, the Board of Health New Zealand will be replaced with a Commissioner, Health Minister Dr Shane Reti announced today. “The previous government’s botched health reforms have created significant financial challenges at Health NZ that, without ...
Minister for Space and Science, Innovation and Technology Judith Collins will travel to Adelaide tomorrow for space and science engagements, including speaking at the Australian Space Forum. While there she will also have meetings and visits with a focus on space, biotechnology and innovation. “New Zealand has a thriving space ...
Climate Change Minister Simon Watts will travel to China on Saturday to attend the Ministerial on Climate Action meeting held in Wuhan. “Attending the Ministerial on Climate Action is an opportunity to advocate for New Zealand climate priorities and engage with our key partners on climate action,” Mr Watts says. ...
Oceans and Fisheries Minister Shane Jones is travelling to the Solomon Islands tomorrow for meetings with his counterparts from around the Pacific supporting collective management of the region’s fisheries. The 23rd Pacific Islands Forum Fisheries Committee and the 5th Regional Fisheries Ministers’ Meeting in Honiara from 23 to 26 July ...
The Government today launched the Military Style Academy Pilot at Te Au rere a te Tonga Youth Justice residence in Palmerston North, an important part of the Government’s plan to crackdown on youth crime and getting youth offenders back on track, Minister for Children, Karen Chhour said today. “On the ...
The Government has welcomed news the NZ Transport Agency (NZTA) has begun work to replace nine priority bridges across the country to ensure our state highway network remains resilient, reliable, and efficient for road users, Transport Minister Simeon Brown says.“Increasing productivity and economic growth is a key priority for the ...
Acting Prime Minister David Seymour has been in contact throughout the evening with senior officials who have coordinated a whole of government response to the global IT outage and can provide an update. The Department of the Prime Minister and Cabinet has designated the National Emergency Management Agency as the ...
New Zealand and Japan will continue to step up their shared engagement with the Pacific, Foreign Minister Winston Peters says. “New Zealand and Japan have a strong, shared interest in a free, open and stable Pacific Islands region,” Mr Peters says. “We are pleased to be finding more ways ...
New developments in the heart of North Island forestry country will reinvigorate their communities and boost economic development, Regional Development Minister Shane Jones says. Mr Jones visited Kaingaroa and Kawerau in Bay of Plenty today to open a landmark community centre in the former and a new connecting road in ...
President Adeang, fellow Ministers, honourable Diet Member Horii, Ambassadors, distinguished guests. Minasama, konnichiwa, and good afternoon, everyone. Distinguished guests, it’s a pleasure to be here with you today to talk about New Zealand’s foreign policy reset, the reasons for it, the values that underpin it, and how it ...
Last summer when Matairangi burned, Ginny and Tom stood at the window of their lounge, watching kākā shoot skyward from the burning trees. From the distance, they looked to Ginny like pages torn from books and thrown into a bonfire. It was Tom, voice tight, who told her it was ...
Opinion: The Canadian short story writer Alice Munro – winner of the Nobel Prize in Literature in 2013 – died in May at the age of 92. Her work was about “the damage people inflict on one another in the name of love”, Deborah Treisman wrote in the New Yorker. ...
This month marks two years since the most powerful telescope ever built sent its first pictures back to earth. From its lofty vantage point, beyond the moon in orbit around the sun, the James Webb Space Telescope was tuned to observe the first stars and galaxies being born soon after ...
Comment: After Climate Change Minister Simon Watts’ preview several weeks ago, I had some optimism about the Government’s emissions reduction plan. Now I’ve read the discussion document, that hope has been dashed. How can the Government propose a plan that wants to take New Zealand taxpayers’ hard-earned money, and spend ...
Christopher Luxon: hurdles The little man from National jumps hurdles in his sleep. He’s quite good at it in his dreams and even though the reality doesn’t quite match up you have to give him credit for getting up every morning and crashing into the very first hurdle of the ...
Comment: It was a good two hours into the conversation when Tyrone Marks raised the most basic of questions when I first spoke to him in 2017. “They didn’t explain the things they did to me. They never told me why. And they still haven’t. There’s no explanation for it. ...
Madeleine Chapman rounds out Death Week on The Spinoff with a final recommendation. You can read all of our Death Week coverage here. Nothing forces you to reflect on your life and relationships quite like proximity to death. For those whose nearest and dearest have died, there are reasonably obvious ...
Whitney Greene takes us through her life in television, including the TV character she’d like to plan a funeral for and her cow lung catastrophe on The Traitors NZ. “If the phone rings, I have to answer it,” Whitney Greene from The Traitors NZ warns as we begin our My ...
Maddie Ballard reviews the debut essay collection of Pōneke writer Flora Feltham.In ‘The Raw Material’, the longest essay in Flora Feltham’s dazzling debut collection, the author heads out for a run after hours of weaving and sees the world turn to textile. “Pounding along the Parade, I saw the ...
Andy Christiansen, one half of the experimental rock-pop duo TRiPS, shares the tunes inspiring the band’s perfect weekend and new release. “Good speakers, good food, good music, no distractions”: that’s all you need to enjoy the psychedelic stylings of TRiPS, a new band formed by Fly My Pretties’ Barnaby Weir ...
Celebrating our quadrennial opportunity to become experts in a bunch of sports we never normally watch.The games of the XXXIII Olympiad are upon us. Paris will host this year’s showcase of sporting and athletic prowess, which means some late-night and early-morning viewing for us in Aotearoa.But what sports ...
The photograph is striking and beautiful, but also disturbing – a reminder that my love for John was often entangled in shame.The Sunday Essay is made possible thanks to the support of Creative New Zealand.In the spring of 1980, in Dunedin, shortly before his death, someone took a photograph ...
Get to know Babushka, our latest Dog of the Month. This feature was offered as a reward during our What’s Eating Aotearoa PledgeMe campaign. Thank you to Babu’s humans, Jo and Isabel, for their support. Dog name: Babushka (Babu for short) Age: 2Breed: Border Collie X poodleIf rescued, ...
Pacific Media Watch A Lebanese photojournalist who was severely wounded during an Israeli air strike in south Lebanon carried the Olympic torch in Paris this week in honour of her peers who have been wounded and killed in the field — especially in Gaza and Lebanon. Christina Assi of Agence ...
The first report in a five-part web series focused on the 15th Triennial Conference of Pacific Women taking place in the Marshall Islands this week.SPECIAL REPORT:By Netani Rika in Majuro Women continue to fight for justice 70 years after the first nuclear tests by the United States caused ...
Christopher Luxon has joined with Australia and Canada's leaders in voicing support for US President Joe Biden's ceasefire deal between Israel and Hamas. ...
Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra The 2022 election brought the “teal wave” into parliament. The next election will test whether teals, who occupy what were Liberal seats, and other independents can maintain their momentum. Joining us on the Podcast ...
Source: The Conversation (Au and NZ) – By Ian Musgrave, Senior lecturer in Pharmacology, University of Adelaide Pixavri/Shutterstock A major Federal Court class action has been dismissed this week after Justice Michael Lee ruled there was not enough evidence to prove the weedkiller Roundup causes cancer. Plaintiff Kelvin ...
In The Week in Politics: politicians have to decide what to do about child abuse, Health NZ is booked in for major surgery and Darleen Tana returns. ...
Source: The Conversation (Au and NZ) – By Clare Corbould, Associate Professor, Contemporary Histories Research Group, Deakin University Mainstream media are surprisingly muted at the prospect of the world’s most powerful nation being led for the first time by a woman – specifically a woman of colour, Vice President Kamala ...
Source: The Conversation (Au and NZ) – By Rebecca Bennett, PhD Student, Associate Research Fellow, Deakin University Last week, a drone delivery company called Wing (owned by Google’s parent company, Alphabet) started operating in Melbourne. Some 250,000 residents in parts of the city’s eastern suburbs can now order food from ...
Source: The Conversation (Au and NZ) – By Jonathan Foo, Lecturer, Physiotherapy, Monash University pikselstock/Shutterstock In the next 40 years in Australia, it’s predicted the number of Australians aged 65 and over will more than double, while the number of people aged 85 and over will more than triple. ...
Source: The Conversation (Au and NZ) – By Katrina Grant, Research Associate, Power Institute for Arts and Visual Culture, University of Sydney Jonas Åkerström’s 1790 work, Session of the Accademia dell’Arcadia on August 17 1788.Nationalmuseum/Cecilia Heisser Ever wondered whether you’d have a better chance at winning an Olympic gold ...
Source: The Conversation (Au and NZ) – By Alexandra Jones, Program Lead, Food Governance, George Institute for Global Health wavebreakmedia/Shutterstock On Thursday, Australian and New Zealand food ministers at state, federal and national levels met to thrash out what’s next for health star ratings on packaged foods. Now, after ...
The Abuse in Care report found many Pacific survivors lost their connections to their culture and language, resulting in trauma that has been carried from generation to generation. ...
In the regulatory review, ECC intends to suggest that ERO focus on curriculum delivery reviews rather than the Ministry, because it’s not efficient or effective to have two agencies with radically different approaches climbing over each other. ...
Te Rūnanga Nui o Ngā Kura Kaupapa Māori invites the current government to work in partnership with them to develop a pathway forward, including the development of a parallel pathway and meaningful policy and strategy for Kura Kaupapa Māori ...
If you haven’t started watching yet, Tara Ward begs you to reconsider. This is an excerpt from our weekly pop culture newsletter Rec Room. Sign up here. In the world of New Zealand reality television, we have many gems in our crown. There’s the delicious second season of the Celebrity Treasure ...
A new poem by Fiona Kidman. The clothes of the dead I did not keep my mother’s furry red beret for long nor the stringy scarves that adorned the necks of my aunts, although I have kept tag ends of gold, the rings and trinkets they wore, the brooches no ...
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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.