web analytics

Stiglitz on the globalisation revolt

Written By: - Date published: 7:54 am, August 8th, 2016 - 69 comments
Categories: activism, capitalism, class war, economy, Globalisation, trade - Tags: , , ,

This recent piece by economist Joseph Stiglitz is an important and interesting read:

Globalization and its New Discontents

Fifteen years ago, I wrote a little book, entitled Globalization and its Discontents, describing growing opposition in the developing world to globalizing reforms. It seemed a mystery: people in developing countries had been told that globalization would increase overall wellbeing. So why had so many people become so hostile to it?

Now, globalization’s opponents in the emerging markets and developing countries have been joined by tens of millions in the advanced countries. Opinion polls, including a careful study by Stanley Greenberg and his associates for the Roosevelt Institute, show that trade is among the major sources of discontent for a large share of Americans. Similar views are apparent in Europe.  How can something that our political leaders – and many an economist – said would make everyone better off be so reviled?

Large segments of the population in advanced countries have not been doing well: in the US, the bottom 90% has endured income stagnation for a third of a century. Median income for full-time male workers is actually lower in real (inflation-adjusted) terms than it was 42 years ago. At the bottom, real wages are comparable to their level 60 years ago.

Branko Milanovic’s new book Global Inequality: A New Approach for the Age of Globalization provides some vital insights, looking at the big winners and losers in terms of income over the two decades from 1988 to 2008. Among the big winners were the global 1%, the world’s plutocrats, but also the middle class in newly emerging economies. Among the big losers – those who gained little or nothing – were those at the bottom and the middle and working classes in the advanced countries. Globalization is not the only reason, but it is one of the reasons.

The failure of globalization to deliver on the promises of mainstream politicians has surely undermined trust and confidence in the “establishment.” And governments’ offers of generous bailouts for the banks that had brought on the 2008 financial crisis, while leaving ordinary citizens largely to fend for themselves, reinforced the view that this failure was not merely a matter of economic misjudgments.

In the US, Congressional Republicans even opposed assistance to those who were directly hurt by globalization. More generally, neoliberals, apparently worried about adverse incentive effects, have opposed welfare measures that would have protected the losers.

But they can’t have it both ways: if globalization is to benefit most members of society, strong social-protection measures must be in place. The Scandinavians figured this out long ago; it was part of the social contract that maintained an open society – open to globalization and changes in technology. Neoliberals elsewhere have not – and now, in elections in the US and Europe, they are having their comeuppance.

Globalization is, of course, only one part of what is going on; technological innovation is another part. But all of this openness and disruption were supposed to make us richer, and the advanced countries could have introduced policies to ensure that the gains were widely shared.

Instead, they pushed for policies that restructured markets in ways that increased inequality and undermined overall economic performance; growth actually slowed as the rules of the game were rewritten to advance the interests of banks and corporations – the rich and powerful – at the expense of everyone else. Workers’ bargaining power was weakened; in the US, at least, competition laws didn’t keep up with the times; and existing laws were inadequately enforced. Financialization continued apace and corporate governance worsened.

The main message of Globalization and its Discontents was that the problem was not globalization, but how the process was being managed. Unfortunately, the management didn’t change. Fifteen years later, the new discontents have brought that message home to the advanced economies.

Check out the full piece on Project Syndicate.

69 comments on “Stiglitz on the globalisation revolt”

  1. Pat 1

    and i see Stieglitz has resigned from the Panama Papers Commission…..distrust all round it would appear.

    https://www.theguardian.com/world/2016/aug/06/two-resign-from-panama-papers-commission-over-publicity-of-report

  2. Garibaldi 2

    “the new discontents have brought that message home to the advanced economies”.Trouble is it hasn’t brought the message home to our economy, and with the current situation with our govt/media/sheeple it won’t.

  3. Ad 3

    Beautifully expressed, so long as it confines itself to economic matters.

    The discontent is certainly about failure of public and private profit distribution, but only in parts.

    • adam 3.1

      Stiglitz, is a classical liberal, it shows in his work, and I find he is apologetic towards where liberalism has gone, but he has trust in the overall project. Hence why I’m personally not a fan.

      He works have two themes which annoy me, he ignores the concerns from indigenous communities, and a stark unawareness of U.S cultural hegemony.

      • Draco T Bastard 3.1.1

        Yeah, can’t say that I’m a fan of his either but he does make some good, hard hitting critiques of the status quo every now and then. He just then goes on to make the wrong recommendations about how to fix it.

      • Ad 3.1.2

        I don’t mind classical liberals. Bernie was a classical liberal: there was nothing that taxed income redistribution couldn’t solve.

        And I have a lot of respect for Mr Stiglitz’ work. His comments are another attempt to take account of the rise of Brexit, Trump, and other isolationist efforts.

        But Stiglitz can’t reasonably make global trade liberalisation the root cause of global discontent.

        There’s those troublesome perpetual wars in the middle east, vastly amplified by US stupidity for three decades.

        There’s that thing about climate change, famine, and stuff.

        There’s endemic corruption in really poor countries, together with accelerating civil wars all over the joint.

        There’s the failure of alternative state models of redistribution after the fall of the Soviet Bloc.

        There’s that thing about the rise of militant Islam and the direct threat against liberal ideals that have been around for a while.

        He’s a major economist, and I like him. But being economically determinist about global discontent just isn’t helpful.

  4. b waghorn 4

    In a nutshell would it it be fair to say globalisation will only work if we find a way to rein in the greedy self serving pigs at the trough.?

    • Peter Ch Ch 4.1

      Globalisation IS working. See my post below. Why do you rich westerners only ever see the world from your very narrow and selfish perspective? Humans are adaptable. Its time for the west to start adapting to the changing world rather than jealousy guarding and trying to hold on to the past.

      Anyway, it appears that most on this site are supporters of a Corbyn like view of the world. Where are your socialist views on the greater good and no borders now? Or does your socialist views only extend to those with a white skin?

      • b waghorn 4.1.1

        I’m pro globalisation but lifting some out of poverty while others sink into poverty has to stop,
        Or are the working poor and the unemployed just collateral damage?

      • Paul 4.1.2

        What polices make for a Corbyn like view of the world?
        Please be specific.
        General smears are little use.

        • Peter Ch Ch 4.1.2.1

          Paul. Specifically i was referring to his positive views on improving the welfare of the worlds poor and oppressed, rather than the view of Standardista socialists whose socialist views are restricted to those in nz.

          If the keyboard socialists on here truly beleive in socialism, theybwould at the very leastblearn enough to be able to see how globalisation has lifted the poor of china tona level almost comparable with nz.

          • KJT 4.1.2.1.1

            Imagine how much better off the Chinese would have been if they had been allowed to develop their country and industries behind tariff barriers, as the USA and UK did.
            When the USA had a high standard of living for everyone, less than 5% of their economy was overseas trade.

          • KJT 4.1.2.1.2

            That’s why they have nets below the windows in Foxconn sweatshops. To catch the weighty wallets of the workers.

      • One Anonymous Bloke 4.1.3

        In order for international labour organisations to affect a global economy, first they have to exist. There are nascent links between individual unions but nothing has yet evolved that can challenge global capital at a global level, apart from Social Democracy and the rule of law.

        Is it any wonder that workers’ interests are still constrained by borders?

        Xenophobia may well play a part in that. I expect limited resources play a bigger one.

      • KJT 4.1.4

        Tell that to a Mexican or African small farmer who has lost his livelihood, due to the dumping of the products of large scale US agribusiness in their countries.

        Not to mention those bombed by ‘Globalised” weapon sales or impoverished by “Globalised finance taking the profits out of their countries.

      • KJT 4.1.5

        Globalisation is working perfectly. Enabling the wealthy in countries like the USA to take resources, including labour, out of a country even faster, ultimately leaving them even poorer in future after a short lived boom.
        Eventually turning the whole world into a Midwestern rust belt.

        Greece is just the first.

  5. Peter Ch Ch 5

    This is really written from the perspective of the rich western countries, where globalisation has unquestionably had a negative effect. But taken globally, the ‘globalisation ‘ of the economy has had a very positive effect.

    As an example, in 30 years the 1.4 billion people of China have had an increase in living standards that were beyond their wildest imaginings only 30 years ago. And that globalisation has also led to other improvements, such as an increasing awareness of Chinas contribution to climate change, concepts of social responsibility and human rights.

    As 1 in 5 people on earth live in China, it is ridiculous to say that globalisation has had an overall negative result. And thats just China. Add in the rapidly rising living standards of India also due to globalisation and the notion of it being negative overall becomes ludicrous.

    But yes, in the rich west the process has often been managed badly. I guess the speed of the change has often meant paniced reaction rather than foresight being employed. But many in the rich west, including many on this site, simply fail to realise that the world has changed. The economic power has and will shift to india, Brazil and China.

    • Pat 5.1

      not entirely a western perspective….as in the west the benefits are not evenly shared in the developing world either…..it is a varied picture, even in China.

      “The international community has a role to play in promoting the adoption of appropriate policies to protect workers from the negative effects of globalization. Regarding labor market policies, it can assist in the design of one-time compensation packages and more permanent income support programs to mitigate the consequences of job loss. On the other hand, promoting “core” labor standards, higher minimum wages or bigger public sector employment may not do much to offset the impact of globalization. In the case of public sector employment it can lead to a poorer performance. Finally, there is no strong rationale for the international community to act through sanctions or conditionality. Trade sanctions, in particular, could indirectly penalize workers in developing countries. Modifying the incentives faced by producers and consumers in industrial countries may be a more promising approach. Because of its monitoring requirements, this approach requires a strong involvement of the civil society”

      Click to access module1mr.pdf

      • Peter Ch Ch 5.1.1

        Inequality is inevitable. In the west or elsewhere. Whether under capitalism or communism or indeed under any ism.

        The key is equality of opportunity and a good and rising baseline for key issues such as health and education, social services and suchlike.

        • Pat 5.1.1.1

          I wonder whether many Indonesians think globalisation provides “equality of opportunity and a good and rising baseline for key issues such as health and education, social services and suchlike.”?

          https://www.theguardian.com/sustainable-business/2015/jun/11/palm-oil-industry-indonesia-corruption-communities-forests

          • Peter Ch Ch 5.1.1.1.1

            Its easy to look for exceptions, and highlight these. But OVERALL globalisation has been positive.

            India and China combined have around 35 to 40% of the global population. Globalisation has had huge positive effects in China and increasingly in India also.

            In many of these countries such as Indonesia, the problem is often not globalisation but rather the stifling effect of corrupt elites and theocratic megalomaniacs.

            Afterall, just look at the treatment of women in many islamic countries. Is this the result of globalisation? No. It is the pre-existing and vile social order. If anything, globalisation will hopefully weaken and destroy the worst excesses of this.

            • Colonial Viper 5.1.1.1.1.1

              Yes globalisation has been positive for the 0.1% who skimmed off the difference between paying a NZ worker $25/hr and paying a Chinese worker $3/hr.

              Stop apologising for the neoliberal globalist set of 0.1%’ers. It’s embarrassing.

              • Draco T Bastard

                +1

              • Peter Ch Ch

                China $3 per hour? Are you serious?

                The wages in China now, in purchasing terms, are not much less than NZ. Most Chinese now in the cities own their own apartments. Car ownership is rapidly increasing. Overseas travel is now the norm. You are living in a deluded past. The world has changed. Globalization has made most Chinese on a par with most Kiwis.

                Try visiting China sometime, away from the tourist areas. Try talking to some Chinese immigrants to NZ. You will be surprised. The only reason Chinese are so keen to live in NZ is for a better quality of life, absolutely not for a higher standard of living.

                • Colonial Viper

                  The wages in China now, in purchasing terms, are not much less than NZ.

                  Yes, that’s now. It’s why corporations are pulling out of China and going to Vietnam, Cambodia, Bangladesh and other places.

                  And the PPP terms you prefer are still way less than NZ wages in nominal dollar terms. The 0.1%’ers skim off the rest.

                  You’re still embarrassing yourself shilling for the interests of the 0.1%.

                  • Peter Ch Ch

                    As you admit in your comment, globalization has worked extremely well for China. As you yourself state, wages have risen to such an extent in China over the last 20 to 30 years that some corporations are relocating their manufacturing to low wages economies. Thank you for your agreement in these matters.

                    And of course these low wage economies will benefit as China has from globalisation, subject to the weakening of the corrupt elites and theocratic institutions that will do their best to hold on to their positions. But of course globalisation will weaken these too, just as slowly but surely globalisation is undermining the evil of China’s Community Party.

                    Nominal dollar terms? Do you actually understand this term? Have you lived, worked, or grew up in this country? Clearly you have done none of these things.

                    As a citizen in the rich west, where a life of relative ease has been handed to you on a plate from the day you were born, you lack the direct understanding of how lives have been immeasurably changed through open trade. Yes, many many problems still, but your attitude and lack of knowledge typifies why the west is struggling and other nations are taking your place.

                    • Macro

                      “globalization has worked extremely well for China.”
                      That’s why their 0.1%ers are now buying up half of Auckland..

                    • Peter Ch Ch

                      Macro. Not really. A big chunk of the 0.1% you are referring to would be the proceeds of corruprion flowing out of China as Mr Xi is increasingly seizing tge priceeda of corruptions. Same reason for canada and australia housing bubble

                    • Macro

                      So essentially Globalisation has not worked for China either – certainly not the 50% below the median nor the environment
                      or bees

                    • Peter Ch Ch

                      Macro. Well clearly there is 50% below the median. You do understand the meaning of median?

                      And as i have repeated many times, globalisation has absolutely worked for China. You can argue many things but not this point. It is indisputable.

                      And try actually asking ANY Chinese person if they support globalisation. I guarantee absolutely they will all say yes.

                      The world is a big place. It is important to see beyond the narrow confines of ones own country.

                    • Macro

                      Yes Peter I have a very strong understanding of the use of the median having worked in the Research Branches of the Dept of Statistics and the then Dairy Board, and taught Statistics at Tertiary level.
                      You apparently have no appreciation of the living conditions of the poorer sectors of the Chinese population. Try expanding your reading on these matters.

                      Here is something to begin with:

                      Right now, in Shanghai, China, a factory owned by the Taiwanese Pegatron Group is pushing out millions of units of the iPhone 6s for Apple. There, its young production workers toil six days a week in 12-hour shifts. Each day they are paid for 10 and half hours of work, not counting 15 minutes of unpaid meetings. The mandatory overtime shift runs from 5:30 pm until 8:00 pm. Most workers will not eat dinner before doing overtime because the 30-break given for a meal is not enough time.

                      Before overtime pay, workers making the iPhone earn only the local minimum wage of $318 per month, or about $1.85 per hour. This is not a living wage. Even if the factory did not mandate overtime as it does, workers would still depend on their 60-hour workweeks to get by.

                    • Colonial Viper

                      Peter ChCh carefully sidesteps the point that the 0.1% investment class has moved manufacturing to China in order to skim off $$$ using wage and regulatory arbitrage, impoverishing the western working and lower middle class in the process.

                      Peter ChCh is trying to weakly pretend that western corporations moved their manufacturing to China mainly for the good of Chinese peasants.

                    • Macro

                      Exactly CV and when China gets “too expensive” next stop on the list is Vietnam – then Africa – maybe Ethiopia.
                      There are far better ways to improve the living standards for people than sweatshops, and legalised slavery.

                • LXXI years too old

                  I was in China last (NZ) winter, for 2 and a half months, much of it living with Chinese families both in the Cities and in rural China. I first visited China about 30 years ago, and YES, that was a very different China from what we see today.

                  IMO you are talking a complete load of crap Peter Chch.

                  “The wages in China now, in purchasing terms, are not much less than NZ . . . . ”

                  Utter bullshit, if you take wages across the country as a whole including the HUGE numbers who still eke out a rather minimal existence on tiny rural farm-lots. A lot of rural workers only manage to get by because of generous rural subsidies from the government – you might call that “wages” but I certainly don’t.

                  “Most Chinese now in the cities own their own apartments. Car ownership is rapidly increasing. Overseas travel is now the norm . . . . .”

                  No. Not for most, but yes for some. CERTAINLY not the NORM by any generally accepted meaning of the word. The number of two-car families in China, for example, is miniscule compared with the number of two or more car families in this country.

                  ” . . . . You are living in a deluded past.”

                  I have my own ideas about exactly who is the deluded one here.

                  • RedLogix

                    In my experience you are exactly correct. PeterChCh is looking at the wealthiest 1% and mistaking their lifestyles for what most Chinese experience.

                    Of course there will always be inequality; it is the grotesque extremes of it that is what is proven to be socially corrosive. And that particular acid is very much eating away at the modern Chinese cultural fabric.

                    • Colonial Viper

                      the inequality and general malfaesence is heading directly back to pre-Communist 1910s 1920s China.

                  • Peter Ch Ch

                    Exactly. 2.5 months as a tourist so your knowledge is absolutely zero. My knowledge comes from birth in china until 11 years ago. I was born in rural shandong. Grew up in jinan. Each year i spend about 4 weeks there. So i do know what i am talking about. You, with the best will 8n the world, cannot

            • KJT 5.1.1.1.1.2

              You could just as easily say that it was “Communism” that raised living standards. in China, and you would be just as wrong.

        • UncookedSelachimorpha 5.1.1.2

          “Inequality is inevitable.” But the degree of inequality is hugely important and is not inevitable, and is a political/social choice.

          “The key is equality of opportunity” Study after study shows that pre-existing inequality of wealth and income is inextricably linked to opportunity. Plus right wingers who spout this sort of nonsense typically engage in policies and practices that result in anything but equality of opportunity.

          • Peter Ch Ch 5.1.1.2.1

            To clarify, i am no right winger. And you have quite rightly clarified my rather loose statement.

            But seriously, inequality outside the west is less about globalisation and mostly about entrenched political and religious elites. How to change that? Usa tried in Iraq by force and failed miserably. Healthy change evolves. It is not forced

            • Colonial Viper 5.1.1.2.1.1

              But seriously, inequality outside the west is less about globalisation and mostly about entrenched political and religious elites.

              LOL what an absurd, ignorant statement.

              How to change that? Usa tried in Iraq by firce and failed miserably. Healthy change evplves. It is not forced

              Who did the US try and get rid of in Iraq? Oh yes Saddam Hussein.

              Who was the major arms supplier, funder and political backer of Saddam Hussein for years and years? Oh yes, the US.

              Do try and connect the dots.

              • Peter Ch Ch

                As usual your belligerent and ignorance shows through.

                Try looking at the iraq army of 1990 or 2000. Do you see any usa equipment? No. It is entirely warsaw pact.

                I will no longer reply to your comments. You are an idiot whi spends his life trying to destroy.

                • Colonial Viper

                  Donald Rumsfeld meets Saddam Husseinn1983, discussing oil and weapons deals, and how to antagonise the Islamic Republic of Iran.

                  Details on how the US assisted Iraq in its war against Iran 1980-1988, and assisted Saddam Hussein with chemical and biological weapons. Involvement of Bush Snr detailed.

                  http://www.counterpunch.org/2004/06/17/how-reagan-armed-saddam-with-chemical-weapons/

                • joe90

                  No. It is entirely warsaw pact.

                  Because Ronnie Raygun’s mob made it so

                  CIA Director Casey personally spearheaded the effort to ensure that Iraq had sufficient military weapons, ammunition and vehicles to avoid losing the Iran-Iraq war. Pursuant to the secret NSDD, the United States actively supported the Iraqi war effort by supplying the Iraqis with billions of dollars of credits, by providing U.S. military intelligence and advice to the Iraqis, and by closely monitoring third country arms sales to Iraq to make sure that Iraq had the military weaponry required. The United States also provided strategic operational advice to the Iraqis to better use their assets in combat.

                  […]

                  I personally attended meetings in which CIA Director Casey or CIA Deputy Director Gates noted the need for Iraq to have certain weapons such as cluster bombs and anti-armor penetrators in order to stave off the Iranian attacks. When I joined the NSC staff in early 1982, CIA Director Casey was adamant that cluster bombs were a perfect “force multiplier” that would allow the Iraqis to defend against the “human waves” of Iranian attackers. I recorded those comments in the minutes of National Security Planning Group (“NSPG”) meetings in which Casey or Gates participated.

                  […]

                  One of the reasons that the United States refused to license or sell U.S. origin weapons to Iraq was that the supply of non-U.S. origin weapons to Iraq was sufficient to meet Iraq’s needs. Under CIA Director Casey and Deputy Director Gates, the CIA made sure that non-U.S. manufacturers manufactured and sold to Iraq the weapons needed by Iraq. In certain instances where a key component in a weapon was not readily available, the highest levels of the United States government decided to make the component available, directly or indirectly, to Iraq. I specifically recall that the provision of anti-armor penetrators to Iraq was a case in point. The United States made a policy decision to supply penetrators to Iraq.

                  http://www.webcitation.org/5flvP0UgC

            • UncookedSelachimorpha 5.1.1.2.1.2

              “But seriously, inequality outside the west is less about globalisation and mostly about entrenched political and religious elites.”

              I agree, I would add ‘entrenched wealth’ to that list. Overall I am a globalist, it can be a tool for good, but can also be misused by the powerful to grab wealth off others while avoiding costs or contributions.

            • KJT 5.1.1.2.1.3

              USA invaded Iraq to keep the petrodollar.

              Nothing to do with “removing entrenched elites”.

              Everything to do with Iraq’s trying to keep the profits from their oil in their own hands.

              Making the world safe for Exxon and Halliburton.

        • Draco T Bastard 5.1.1.3

          Inequality is inevitable.

          No it’s not. In fact, I’d go so far as to call that an outright lie.

          The key is equality of opportunity

          Wrong again. The key to improved living standards is cooperation and not competition.

    • UncookedSelachimorpha 5.2

      PCHCH – But you could have easily had the global benefits you describe, without the poorer half in the developed world doing so badly. International trade and development does not inherently require that the majority of the wealth in developed countries concentrates to the top few percent, which is what has happened, and which Corbyn and co are correctly pointing out is a massive problem.

      • Peter Ch Ch 5.2.1

        Agree it is a massive problem. But how to change is not so easy.

        But i was really just commenting on the effects of globalisation being beneficial, overall.

        And you say ‘the poorer half’ in the developed world, but that not true. Overwhelmingly in China, for example, most people have benefited to a huge degree. Even the poorest people in the most remote villages have access to broadband, for example. Even 20 years ago web access in China was to all purposes non existent.

        Globalisation is here to stay. And NZ better be ready, as the next wave is almost here. Alibaba is already making its effect frlt in nz. Once Taobao and TMall are opened to the west, globalisation will ratchet up another massive notch.

      • Pat 5.2.2

        exactly…there is no reason why education and health needs can’t be met without gifting a countries assets to the exploitation of international corporations.

        • Peter Ch Ch 5.2.2.1

          Yes i have often wondered why NZ has been so generous with its assets. But npt just assets. A big chunk of the world wants to come to countries like nz, yet the nz government practically gives away its single most valuable asset: citizenship, to any lying, cheating, poorly educated or poorly trained person who has enough money to buy false dicuments and history to navigate the immigration system.

          I think it would truly surprise most kiwis that there is an entirely separate economy and world within this county that barely touches the mainstream economy

          • Kevin 5.2.2.1.1

            “Yes i have often wondered why NZ has been so generous with its assets.”

            Your naiveté is quaint Peter, but seriously, how do you not understand this?

            Take a look at WHO the assets were sold to.

    • Paul 5.3

      Ask the people of Cambodia, Indonesia, Russia, Nigeria, Congo, Honduras, the Philippines and many others what they think of globalisation.

      Not the corrupt 0.01% at the top of each society.
      The people.

      For some reason, you’re acting as spokesperson for the world’s fat cats, which is shameful.

      • Peter Ch Ch 5.3.1

        The countries you mention all suffer frim decades or even centuries of stifling corruption and elites that run their countries as though it were their personal property. This has little to do with globalisation. It has everything to do with history.

        • KJT 5.3.1.1

          You fail to understand the driving forces behind rising living standards.

          It is not globalisation, but local investment.

          Globalisation and the consequent takover by conscienceless corporations and oligarchies has been a brake on the use of improved economic and technical systems to improve peoples lives.

          China has resisted Globalisation by fixing their currency, limiting financialisation, capital movements and restricting imports.

          Attributing their growth to Globalisation is total bullshit from Neo-Liberal true believers.

          Countries who have swallowed the “open economy” bullshit are now borrowing trillions in printed money, from China, to survive.

  6. Draco T Bastard 6

    Instead, they pushed for policies that restructured markets in ways that increased inequality and undermined overall economic performance; growth actually slowed as the rules of the game were rewritten to advance the interests of banks and corporations – the rich and powerful – at the expense of everyone else.

    And that is the big one. The fact that the economy has been purposefully tilted in favour of the rich. National has always done that but Labour joined them in their undermining of the economy and our nation in the 1980s.

  7. Garibaldi 7

    5.2.2.1 Peter Ch Ch. Thank you very much for this insight to NZ’s stupidity. This is exactly what makes us despair for what used to be a great little country.
    This corruption is an upshot of very poor governance, which has grown with all this free market bullshit we have had to endure.

    • Peter Ch Ch 7.1

      But it does not need to be a ‘stupid little country’. Sadly, the governments (both Labour and National) have given away many of the assets of NZ. Largely uncontrolled immigration would have to be the worst mistake.

      And it IS uncontrolled in the sense that pretty much anyone with the equivalent of NZ$10,000 to $20,000 can get it by using the appropriate immigration broker.

      The government (Labour in the past, National now) must know what is happening. But I suppose this corrupt process channels a lot of much needed funds into NZ.

      • Garibaldi 7.1.1

        Peter @2.1 Thanks Peter , that’s exactly my point. Both National and Labour are guilty. The question is who is going to fix it?

  8. Macro 8

    This situation was predicted 18 years ago by John McMurtry in his book “Unequal Freedoms – the Global Market as an ethical system” 1998.

    The problem of the Global Market goes far deeper than the restriction of, and the redistribution of freedoms of choice and opportunity. Unnoticed is the destruction of ecosystems and environment, the systematic expansion of slavery and poverty, and ultimately the extinction of human values.

    The worlds oceans for instance are now not only garbage dumps of sewage and plastic but increasing more noisy (around 6dB per year) with super tankers and massive cargo ships constantly increasing in number as they truck fuel and “stuff” around the world.

    As mentioned previously the initial benefit for one country with minimal labour standards and hour pay rates quickly moves on to the next vulnerable country as pay rates and conditions improve. The race to the bottom is the only result.

    Savage recognised the threat of unrestricted importation in 1935 and quickly place massive quotas and restrictions on imports which existed up until the Douglas travesty of 1984. Over that time period NZ became one of the most equal and well provided countries on Earth. Since then we have steadily become a backwater and inequality and the loss of community and caring is now widespread. We still have someway to go to end up in the 3rd world category – but never fear – National and Act are working on it.

    • Draco T Bastard 8.1

      We still have someway to go to end up in the 3rd world category – but never fear – National and Act are working on it.

      QFT

      Throughout history capitalism in its various forms has always resulted in increased poverty for the many, great wealth for a few and the inevitable collapse of the society that allows capitalists to rule.

  9. Kevin 9

    “The main message of Globalization and its Discontents was that the problem was not globalization, but how the process was being managed. ”

    Bollocks. It IS being managed exactly as it was intended. At no point has the labour of the corporate profit machines been fully rewarded for their effort.

    Globalisation has just meant obscene profits for those with the money and a constant declining standard of living and debt entrapment for those without.

    End of story.

    • Reddelusion 9.1

      Nup globalisation is good as per Peter ch ch comments , the way it is been managed re disruption and time it takes as economies and people need to recalibrate plus equity issues needs to be managed better and fairer However this should be done in an overall neo liberal framework In essence don’t throw the baby out with the bath water re ga ga socialism and closed economies

    • Observer Tokoroa 9.2

      .
      Yes Kevin – you are right !
      .
      .”Globalisation has just meant obscene profits for those with the money and a constant declining standard of living and debt entrapment for those without.”

      The mechanisation of Industry and Rural product as I understood it, was meant to make everyone wealthier and reduce the long hours of work. But mechanisation added to cheap imports from China, Bangladesh and India have produced lowered wages and lessened access to resources and opportunity for many millions of people in many countries.

      On such low wages as now exist no ordinary worker in New Zealand is able to afford a home – and is facing horrific open ended rents paid to local and foreign landlords.

      Stigkitz – see his article today on Globilisation on today’s Standard 8/08/8 – He gives the following information:

      “Large segments of the population in advanced countries have not been doing well: in the US, the bottom 90% has endured income stagnation for a third of a century. Median income for full-time male workers is actually lower in real (inflation-adjusted) terms than it was 42 years ago. At the bottom, real wages are comparable to their level 60 years ago.”

      As I see it, to even begin to put to right the problems New Zealanders are facing in massive numbers – the wealth of Nations will have to retrieved from the wealthy. As part of that, imported goods must be forbidden if they impoverish the income of working citizens.

      .

      • Colonial Viper 9.2.1

        Median income for full-time male workers is actually lower in real (inflation-adjusted) terms than it was 42 years ago. At the bottom, real wages are comparable to their level 60 years ago.”

        And that’s if you are lucky to be a full time worker. It’s not considering how US labour force participation has fallen through the floor and youth unemployment is through the ceiling.

        As part of that, imported goods must be forbidden if they impoverish the income of working citizens.

        Correct. It’s time to break our free trade agreements and accept generally lower materialistic standards but with better social and community life.

        • Observer Tokoroa 9.2.1.1

          .
          . Yes Colonial Viper
          .
          . It is not just the loss of income when everyday items are imported from far away nations. It is the loss of skills within our own nation which is stupid and unforgiveable.

          And boy oh boy do the wealthy like destroying skills ! Yes they do. They will even completely shut Railway workshops, that can boast brilliant engineering for many decades, for no reason at all, except to give the manufacturing opportunities to their friends overseas.

          Sadly, they are often engineered with inferior products, welds and fasteners overseas.

          Wasting skills is a scandal. A corruption.

          .

    • joe90 9.3

      Globalisation has just meant obscene profits for those with the money and a constant declining standard of living and debt entrapment for those without.

      And all while they, the one and 0.1 percenters, thieve productivity gains.

      As a consequence, examining market-based incomes one finds that “the top 1 percent of households have secured a very large share of all of the gains in income—59.9 percent of the gains from 1979–2007, while the top 0.1 percent seized an even more disproportionate share: 36 percent. In comparison, only 8.6 percent of income gains have gone to the bottom 90 percent” (Mishel and Bivens 2011).

      http://www.epi.org/publication/ib330-productivity-vs-compensation/

      • Observer Tokoroa 9.3.1

        .

        . Hi Joe 90

        . Your information is right on. We need to be saying these true things face to face, throughout our New Zealand.

        . We must hang it on the Government of the present 8 years. We must demand the return of wealth to the community.

        . The Government which has been in charge (don’t laugh) consists of the following failures:

        . The Nationals; The Act; The Maori Party; The United Future.
        .

Recent Comments

Recent Posts

  • Week That Was: Another week of major progress
    This week we moved into the second half of 2020 - and our Government delivered another week of big changes and major progress for New Zealanders. Read below for a wrap of the key things moments from the week - from extending paid parental leave, to making major investments in ...
    2 days ago
  • Green Party opposes RMA fast-track bill that cut corners on environmental safeguards and public cons...
    The Green Party has opposed the COVID-19 Recovery Fast-track Consenting Bill which shortcuts normal consenting processes under the Resource Management Act (RMA), reduces public participation and narrows environmental considerations. ...
    2 days ago
  • Site of new freight hub revealed
    Hon Shane Jones, Minister of Regional Economic Development A regional freight hub for the lower North Island will be built just northeast of Palmerston North, Regional Development Minister Shane Jones has announced. The Government is investing $40 million through the Provincial Growth Fund to designate and buy land and design ...
    3 days ago
  • Greens call for Guaranteed Minimum Income to alleviate skyrocketing debt with MSD
    Green Party Co-leader Marama Davidson is calling for the introduction of a Guaranteed Minimum Income to lift hundreds of thousands of people out of poverty and prevent more families entering into further debt with the Ministry of Social Development.  ...
    3 days ago
  • Winston Peters: Facts matter when taxpayer money is on the line
    There has been renewed focus on New Zealand First acting as a handbrake on the Government after our decision to not support Auckland light rail. We are a handbrake for bad ideas, that is true, but our track record since 2017 has seen New Zealand First constructively also serve as an ...
    3 days ago
  • Bill raising minimum residency requirement for NZ Super passes first reading
    Mark Patterson MP, New Zealand First List MP New Zealand First’s Fair Residency for Superannuation Bill passed its First Reading in Parliament today. The Bill makes a significant change to NZ Super by raising the minimum residency requirement from 10 to 20 years, after age 20. “Currently, a migrant of ...
    3 days ago
  • Harsher penalties for assaults on first responders one step closer
    Darroch Ball MP, Spokesperson for Law and Order A New Zealand First member’s bill in the name of Darroch Ball introducing a six-month minimum prison sentence for assaults on first responders has passed its second reading in Parliament. The new offence of "injuring a first responder or corrections officer with ...
    4 days ago
  • Criminal Cases Review Commission delivers Coalition promise
    Fletcher Tabuteau MP, Deputy Leader of New Zealand First New Zealand First welcomes the launch of the new Criminal Cases Review Commission, gifted with the name from Waikato-Tainui - Te Kāhui Tātari Ture, announced in Hamilton today by Justice Minister Andrew Little. “New Zealand First has long believed in and ...
    4 days ago
  • Greens welcome huge new investment in sustainable projects
    The Green Party is celebrating over $800m in new funding for green projects, which will get people into jobs while solving New Zealand’s long-term challenges. ...
    4 days ago
  • New Zealand First demands answers from Meridian Energy
    Mark Patterson MP, Spokesperson for Primary Industries New Zealand First is appalled that Meridian seems to have been unnecessarily spilling water from its dams to drive up its profits."While New Zealanders have been coming together in some of our darkest hours, we don’t expect power gentailers to waste water and ...
    5 days ago
  • Getting New Zealand moving again: June 2020
    We wrapped up the first half of 2020 with a busy month, taking additional steps to support New Zealanders as we continue with our economic recovery. We rolled out targeted packages to support key industries like tourism and construction, helped create jobs in the environmental and agriculture sectors, and set ...
    5 days ago
  • Māori union leader appointed to Infrastructure Commission board
    Hon Shane Jones, Minister for Infrastructure Infrastructure Minister Shane Jones has welcomed the appointment of Maurice Davis and his deep infrastructure and construction experience to the board of the Infrastructure Commission. Mr Davis (Ngāti Maniapoto), is the seventh and final appointment to the board led by former Reserve Bank Governor ...
    5 days ago
  • Click-bait journalism at its worst
    Rt Hon Winston Peters, Leader of New Zealand First New Zealand’s click bait journalism is taking a turn for the worse, with yet another example of sensationalist, wilful-misrepresentation of the facts. “New Zealand First has worked constructively with its Coalition partner on hundreds of pieces of legislation and policy, and ...
    5 days ago
  • Green Party proposes transformational Poverty Action Plan
    The Green Party is today unveiling its Poverty Action Plan, which includes a Guaranteed Minimum Income to ensure people have enough to live with dignity.     ...
    7 days ago
  • PGF accelerates Rotorua projects
    Rt Hon Winston Peters, Deputy Prime Minister Fletcher Tabuteau MP, Under-Secretary for Regional Economic Development The Rotorua Museum redevelopment and Whakarewarewa and Tokorangi Forest projects will be accelerated thanks to a $2.09 million Provincial Growth Fund (PGF) boost, Deputy Prime Minister Winston Peters and Under-Secretary for Regional Economic Development Fletcher ...
    1 week ago
  • Week That Was: Getting people into jobs
    This week, we rolled out the next steps of our recovery plan, with new infrastructure investment, extra support for tourism operators, and a new programme to get Kiwis into agriculture careers. The global economic consequences of COVID-19 will continue to be a challenge, but we have a detailed plan to ...
    1 week ago
  • Coalition commitment establishing Mental Health Commission delivered
    Jenny Marcroft MP, Spokesperson for Health New Zealand First welcomes the passage of the Mental Health and Wellbeing Commission Bill through its final reading in Parliament today fulfilling a coalition agreement commitment. “This is an important step in saving the lives of New Zealanders and delivers a key coalition commitment ...
    1 week ago
  • Whakatāne gets a $2.5m ‘turbo boost’
    Whakatāne has been given a $2.5 million boost to speed up previously funded projects and create more than 450 jobs in the next decade. Of those, the equivalent of 160 full-time jobs could be delivered in the next six weeks. Deputy Prime Minister Winston Peters is in town to make ...
    1 week ago
  • $2.5m PGF funding to speed up economic recovery in Whakatāne
    Rt Hon Winston Peters, Deputy Prime Minister Fletcher Tabuteau MP, Under-Secretary for Regional Economic Development The Provincial Growth Fund (PGF) is investing $2.5 million to accelerate three infrastructure projects in Whakatāne, Deputy Prime Minister Winston Peters and Under-Secretary for Regional Economic Development Fletcher Tabuteau announced today. “This package is about ...
    1 week ago
  • Shane Jones calls out those holding drought-stricken Auckland ‘to ransom’ over water
    Infrastructure Minister Shane Jones is throwing his weight behind a bid by the Auckland Council to fast-track the more than doubling of the city's water allowance from the Waikato River. And he's coming out strongly against anyone who plans on getting in the way of this campaign. "It is my ...
    1 week ago
  • Another Green win as climate change considerations inserted into the RMA
    The Green Party is thrilled to see changes to the Resource Management Act (RMA) that mean consents for large projects can be declined if they will have significant climate change implications that are inconsistent with the Zero Carbon Act and Aotearoa New Zealand’s Paris Agreement obligations.  ...
    1 week ago
  • New Navy vessel Aotearoa to arrive in New Zealand
    Hon Ron Mark, Minister of Defence The Royal New Zealand Navy’s new ship, Aotearoa, set sail for New Zealand on 10 June from the Republic of Korea, and is due to arrive in Auckland tomorrow, announced Minister of Defence Ron Mark. “Aotearoa is the Royal New Zealand Navy’s new fleet ...
    1 week ago
  • Racing Industry Bill passes third reading
    Rt Hon Winston Peters, Deputy Prime Minister, Minister for Racing Racing Minister Winston Peters has today welcomed the Racing Industry Bill passing its third reading, creating the legislative framework for revitalising the racing industry while limiting the need for future government intervention. “For too long our domestic racing industry has ...
    1 week ago
  • Green Party seek amendment to ensure all prisoners can vote
    The Green Party has today put forward an amendment to the Electoral (Registration of Sentenced Prisoners) Amendment Bill to ensure all people in prisons can vote in general elections. ...
    2 weeks ago
  • Green Party welcomes new approach to delivering light rail
    The Green Party welcomes the decision to not proceed with Public Public Investment (PPI) delivery of Auckland’s light rail project and to instead run the process through the public service. ...
    2 weeks ago
  • New Zealand First welcomes PGF investment in Wairarapa Water
    Hon Ron Mark, New Zealand First List MP based in the Wairarapa New Zealand First List MP Hon Ron Mark welcomes the announcement of Provincial Growth Funding investment of $1.4 million to help secure the Wairarapa’s water supply. The funding boost will allow the Greater Wellington Regional Council (GWRC), and ...
    2 weeks ago
  • New Zealand First MP Mark Patterson selected as candidate for Taieri
    New Zealand First list MP Mark Patterson has been selected to represent the party in the newly formed Taieri electorate at the upcoming election. Mr Patterson, his wife Jude and two daughters farm sheep and beef at Lawrence and Waitahuna. He previously stood in the Clutha-Southland electorate however boundary changes ...
    2 weeks ago
  • Ground-breaking on NZ Post depot
    Hon Shane Jones, Associate Minister for State Owned Enterprises A new ‘super depot’ to be built for NZ Post in Wellington will create around 350 jobs during construction, Associate Minister for State Owned Enterprises Shane Jones says. Shane Jones today attended a ground-breaking and blessing ceremony for the parcel-processing depot ...
    2 weeks ago
  • Week That Was: Putting our economic plan into action
    Our strong economic management prior to COVID-19 - with surpluses, low debt and near-record-low unemployment - put us in a good position to weather the impact of the virus and start to rebuild our economy much earlier than many other countries. Now we're putting our plan to recover and rebuild ...
    2 weeks ago
  • Fleeing drivers hit new record-high yet again
    Darroch Ball MP, New Zealand First Spokesperson for Law and Order Recently released Police fleeing driver statistics have shown yet another increase in incidents with another record-high in the latest quarter. “This new quarterly record-high is the latest in a string of record-high numbers since 2014.  The data shows incidents ...
    2 weeks ago
  • Fletcher Tabuteau selected as candidate for Rotorua
    New Zealand First MP Fletcher Tabuteau is pleased to be confirmed today as the party’s candidate for the Rotorua electorate. Speaking at the Rotorua AGM for New Zealand First, Mr Tabuteau said this is an election that is incredibly important for the people of Rotorua. “The founding principles of New ...
    2 weeks ago
  • Greens call for Government office to address Rainbow issues following Human Rights Commission report
    The Human Rights Commission’s PRISM report on the issues impacting people based on their sexual orientation, gender identity and expression, and sex characteristics (SOGIESC) provides an excellent programme of work for future governments to follow, say the Greens. ...
    2 weeks ago
  • Winston Peters continues push for trans-Tasman travel as military take control of operations
    Foreign Affairs Minister Winston Peters said the trans-Tasman bubble had not been jeopardised after a border botch-up resulted in New Zealand having two active cases of COVID-19. On Friday, Mr Peters told RNZ's Morning Report he had heard from Australian Prime Minister Scott Morrison that borders for trans-Tasman travel would open by ...
    2 weeks ago
  • Winston Peters on the Government’s Covid-19 border blunder
    Deputy Prime Minister Winston Peters said today he was pleased the army was now running the quarantine and isolation process - up until now it has been the Ministry of Health. Peters told Newstalk ZB's Mike Hosking that the army knew how to introduce and follow protocols and instil discipline. ...
    2 weeks ago
  • New Zealand First’s Ron Mark confirms bid for the Wairarapa seat
    Hon Ron Mark, New Zealand First List MP based in the Wairarapa New Zealand First MP and Minister for Defence and Veteran’s Affairs Ron Mark has confirmed his bid for the Wairarapa seat.“The Coalition Government has done a lot of good work throughout the Wairarapa, but many constituents have told ...
    2 weeks ago
  • New Zealand First welcomes second tranche of candidates
    New Zealand First is pleased to release the names of its next tranche of candidates for the 2020 election. We’re proud to announce these hardworking New Zealanders that have put their hand up to fight for a commonsense and resilient future.Jamie Arbuckle – Kaikoura Mark Arneil – Christchurch Central Jackie ...
    2 weeks ago
  • Joint effort under way to repatriate stranded Vanuatu nationals
    Rt Hon Winston Peters, Deputy Prime Minister, Minister of Foreign Affairs Hon Ron Mark, Minister of Defence A massive joint effort between New Zealand Government agencies, employers, and the Vanuatu Government is underway to repatriate over 1000 Vanuatu nationals stranded in New Zealand, Foreign Affairs Minister Winston Peters and Defence Minister Ron ...
    2 weeks ago
  • $40m for regional apprenticeships
    Hon Shane Jones, Minister of Regional Economic Development Reprioritised funding of $40 million from the Provincial Growth Fund will support up to 1000 regional apprenticeships, Regional Economic Development Minister Shane Jones said today. The Regional Apprenticeship Initiative is part of the wider Apprenticeship Boost announced by Education Minister Chris Hipkins ...
    2 weeks ago
  • Greens welcome new ACC zero carbon plans, call for ruling out any future fossil fuel investment
    The Green Party welcomes the ACC’s announcement to achieve net zero carbon emissions by 2050 but emphasises the need to go further, and faster to truly meet the climate change challenge. ...
    3 weeks ago
  • Farmers pleased with NZ First amendments to firearms bill
    Farmers are rejoicing after Labour agreed to an amendment pushed by New Zealand First in the firearms bill that will allow the use of restricted guns for pest control.  Concessions on gun control mean farmers will be able to apply for a licence to use restricted firearms for pest control. ...
    3 weeks ago

  • Building a more sustainable construction sector
    A new programme, which sets a firm course for the Building and Construction sector to help reduce greenhouse gas emissions, has been announced by the Minister for Building and Construction Jenny Salesa. “A significant amount of New Zealand’s carbon emissions come from the building and construction sector.  If we’re serious ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • PGF funds tourism boost in Northland
    The Provincial Growth Fund is investing more than $7.5 million in Northland ventures to combat the economic impact of the COVID-19 virus, Deputy Prime Minister Winston Peters and Regional Economic Development Minister Shane Jones have announced. The Provincial Growth Fund (PGF) investment is going to the Northern Adventure Experience and ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Four new projects announced as part of the biggest ever national school rebuild programme
    Prime Minister Jacinda Ardern and Education Minister Chris Hipkins today announced significant funding for Auckland’s Northcote College as part of the first wave of a new nationwide school redevelopment programme to upgrade schools over the next 10 years. The $48.5 million project brings the total investment in Northcote College to ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • COVID-19: Support to improve student attendance and wellbeing
    The Government has opened an urgent response fund to support schools and early learning services to get children and young people back on track after the Covid-19 lockdown. “While we are seeing improvements in attendance under Alert Level 1 Ministry of Education data shows that attendance rates in our schools ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Fast-track consenting law boosts jobs and economic recovery
    The law to boost the economic recovery from the impact of COVID-19 by speeding up resource consenting on selected projects has passed its second and third readings in the House today. “Accelerating nationwide projects and activities by government, iwi and the private sector will help deliver faster economic recovery and ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Whanganui Port gets PGF boost
    Five port-related projects in Whanganui will receive a $26.75 million Provincial Growth Fund investment to support local economic recovery and create new opportunities for growth, Regional Economic Development Minister Shane Jones announced today. “This is a significant investment that will support the redevelopment of the Whanganui Port, a project governed ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • More support for Sarjeant Gallery
    Whanganui’s Sarjeant Gallery will receive an investment of up to $12 million administered by the Provincial Growth Fund to support its redevelopment, Regional Economic Development Minister Shane Jones announced today. The project is included in a $3 billion infrastructure pipeline announced by Finance Minister Grant Robertson and Shane Jones yesterday. ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Funding for training and upskilling
    The Provincial Growth Fund is investing nearly $2.5 million into three Te Ara Mahi programmes to support Manawatū-Whanganui jobseekers and employees to quickly train and upskill, Regional Economic Development Minister Shane Jones announced today. “Up to 154 local people will be supported into employment within the first year by these ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Statement from the Minister of Health Dr David Clark
      This morning I have formally tendered my resignation as Minister of Health, which was accepted by the Prime Minister. Serving as Minister of Health has been an absolute privilege – particularly through these extraordinary last few months. It’s no secret that Health is a challenging portfolio. I have given ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Scholarship placements for agricultural emissions scientists doubles
    Scholarships for 57 early-career agricultural emissions scientists from 20 developing countries is another example of New Zealand’s international leadership in primary sector sustainability, says Agriculture Minister Damien O’Connor. Mr O’Connor, announcing the scholarships today, says hundreds of applications were received for this fourth round of the CLIFF-GRADS programme (Climate, Food ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Funding for Foxton regeneration
    A project to help rejuvenate the Horowhenua town of Foxton will receive a Provincial Growth Fund investment of $3.86 million, Regional Economic Development Minister Shane Jones announced today. “This funding for the Foxton Regeneration project will be used to make the well-known holiday town even more attractive for visitors and ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Plan to improve protection of moa bones
    Moa bones and other sub-fossil remains of extinct species are set to have improved protection with proposals to prevent the trade in extinct species announced the Minister of Conservation Eugenie Sage today. “We have lost too many of our native species, but these lost species, such as moa, remain an ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Free lunches served up to thousands of school children in the South Island
    The Government’s free and healthy school lunches programme moves south for the first time creating jobs for around 30 people in Otago and Southland. “Eighteen schools with 3000 students are joining the programme – 11 have already begun serving lunches, and seven are preparing to start during Term 3. This is ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Screen Sector recovery package protects jobs, boosts investment
    Thousands of Kiwi jobs and investment in New Zealand productions will be protected through a screen sector support package announced today by Associate Minister for Arts Culture and Heritage Carmel Sepuloni, Minister for Economic Development Phil Twyford and Minister for Broadcasting Kris Faafoi. The package also includes investment in broadcasting ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New fund to help save local events and jobs
    The Government has established a new $10 million fund for the domestic events sector to help save jobs and protect incomes as it recovers from the impacts of COVID-19, Minister of Economic Development Phil Twyford announced today. This funding from Budget 2020 follows talks with the event sector designed to ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Bill to improve fuel market competition
    The Government has taken another step in its commitment to making sure New Zealanders get a fairer deal at the petrol pump with the introduction of legislation to improve competition in the retail fuel market, says Energy and Resources Minister Megan Woods. “The fuel market study that this Government ordered ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New Zealand joins global facility for pre-purchase of COVID-19 Vaccine
    New Zealand has joined a global initiative that aims to enable all countries to access a safe and effective Covid-19 vaccine, Foreign Affairs Minister Winston Peters announced today. The COVAX Facility was recently launched by Gavi, the Vaccine Alliance. The Alliance includes the World Health Organization, UNICEF, the World Bank ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Right to legal representation in Family Court restored today
    From today new legislation takes effect to both restore the right to legal representation at the start of a Care of Children (CoCA) dispute in the Family Court, and allow parties to those proceedings to access legal aid where eligible. During a visit to the Family Court in Auckland today, ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Transitioning to a fully-qualified home-based ECE workforce
    Home-based early childhood education (ECE) subsidised by the government will transition to a fully qualified workforce by 2025 to ensure better and more consistent quality, Education Minister Chris Hipkins announced today. “Quality early learning helps provide children with a strong foundation for their future,” Chris Hipkins said. From 1 January ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Criminal Cases Review Commission gets to work
    The new Criminal Cases Review Commission | Te Kāhui Tātari Ture (CCRC) has started work and can now independently investigate claimed miscarriages of justice. “Even though we have appeal rights and safeguards against unsafe convictions, from time to time our justice system does get things wrong. The design of the ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Speech by the Minister of Defence to the New Zealand Institute of International Affairs
    E ngā mana, e ngā reo, e ngā karangatanga maha, tēnā koutou Ki a koutou Te Āti Awa, Taranaki Whānui, Ngāti Toa Rangatira, ngā mana whenua o te rohe nei, tēnā koutou Ko Te Whare Wānanga o Aotearoa ki ngā take o te Ao (NZIIA), Ko te Rōpū Tohu Tono ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Six months with baby and $20 more a week for new parents
    The Government’s increase to paid parental leave kicks in today with another 4 weeks taking New Zealand up to a full 6 months (26 weeks, up from 22 weeks) leave for new parents, and the maximum weekly payment will increase by $20pw, Workplace Relations and Safety Minister Iain Lees-Galloway says. ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Infrastructure investment to create jobs, kick-start COVID rebuild
    A new package of infrastructure investments will help kick-start the post-COVID rebuild by creating more than 20,000 jobs and unlocking more than $5 billion of projects up and down New Zealand. Finance Minister Grant Robertson and Infrastructure Minister Shane Jones today outlined how the $3 billion infrastructure fund in the ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Statement on passage of national security law for Hong Kong
    Foreign Affairs Minister Winston Peters today expressed the New Zealand Government’s deep disappointment at the passage by China’s National People’s Congress Standing Committee of a national security law for Hong Kong. “New Zealand has consistently emphasised its serious concern about the imposition of this legislation on Hong Kong without inclusive ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • July 1 marks progress for workers, families
    More jobs and more family time with newborns are the centrepiece of a suite of Government initiatives coming into effect today. July 1 is a milestone day for the Government as a host of key policies take effect, demonstrating the critical areas where progress has been made. “The Coalition Government ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Auckland water consent referred to Board of Inquiry
    Environment Minister David Parker has today “called in” Auckland’s application to the Waikato Regional Council to take an extra 200 million litres of water a day from the lower reaches of the Waikato River for Auckland drinking water and other municipal uses.  The call-in means the application has been referred ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New Zealand to host virtual APEC in 2021
    Foreign Affairs Minister Winston Peters and Trade and Export Growth Minister David Parker announced today that New Zealand’s hosting of APEC in 2021 will go ahead using virtual digital platforms. Mr Peters said the global disruption caused by COVID-19, including resultant border restrictions, had been the major factor in the ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Matakana Link Road construction kicks off and drives jobs
    The start of construction on a new link road between Matakana Road and State Highway 1 will create jobs and support the significant population growth expected in the Warkworth area, Transport Minister Phil Twyford and Mayor Phil Goff announced today. Transport Minister Phil Twyford said construction of the Matakana Link ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • PPE supplies secured as COVID-19 response focuses on border
    The Government is prioritising its latest investment in PPE for frontline health workers, including staff at managed isolation and quarantine facilities, Health Minister David Clark says. “With no community transmission of COVID-19 our response now has a firm focus on keeping our border safe and secure. “We must ensure that ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • PGF funding for Parihaka settlement
    The Parihaka Papakāinga Trust in Taranaki will receive up to $14 million for a new visitor centre and other improvements at the historic settlement that will boost the local economy and provide much-needed jobs, Regional Economic Development Minister Shane Jones and Minister for Treaty of Waitangi Negotiations Andrew Little have ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Protections for workers in triangular employment
    Protections for workers who are employees of one employer but working under the direction of another business or organisation have come into force, closing a gap in legislation that  made the personal grievance process inaccessible for some workers, says Workplace Relations Minister Iain Lees-Galloway. “This Government is working hard to ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Government strengthens managed isolation system
    A range of improvements are already underway to address issues identified in the rapid review of the Managed Isolation and Quarantine system released today, Housing Minister Megan Woods said. The review was commissioned just over a week ago to identify and understand current and emerging risks to ensure the end-to-end ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Whakatāne to go predator free with Government backing Ngāti Awa led efforts
    The important brown kiwi habitat around Whakatāne will receive added protection through an Iwi-led predator free project announced by Minister of Conservation Eugenie Sage and Under Secretary for Regional Economic Development Fletcher Tabuteau. “The Government is investing nearly $5 million into Te Rūnanga o Ngāti Awa’s environmental projects with $2.5 ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Growing Goodwood: Expanding wood waste recycling plant in Bay of Plenty, Waikato
    An extra 4,000 tonnes of offcuts and scraps of untreated wood per year will soon be able to be recycled into useful products such as horticultural and garden mulch, playground safety surfacing and animal bedding as a result of a $660,000 investment from the Waste Minimisation Fund, Associate Environment Minister ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Scott Watson’s convictions to be referred to Court of Appeal
    The Governor-General has referred Scott Watson’s convictions for murder back to the Court of Appeal, Justice Minister Andrew Little announced today. Mr Watson was convicted in 1999 of the murders of Ben Smart and Olivia Hope. His appeal to the Court of Appeal in 2000 was unsuccessful, as was his ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Protecting Kiwis with stronger financial supervision
    A new five-year funding agreement for the Reserve Bank will mean it can boost its work to protect New Zealanders’ finances, Finance Minister Grant Robertson says. “New Zealand has a strong and stable financial system. Financial stability is an area that we are not prepared to cut corners for, particularly ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Forgotten funds and missing money
    A law change has been introduced to make it easier for forgotten funds in institutional accounts to be returned more easily to their rightful owners. Revenue Minister Stuart Nash has introduced an amendment to the Unclaimed Money Act 1971. It will update the rules controlling forgotten sums of money held ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government delivers on mental health commitment
    The Government is delivering on election commitments and a key recommendation of He Ara Oranga: Report of the Government Inquiry into Mental Health and Addiction with the establishment of a permanent independent Mental Health and Wellbeing Commission, Health Minister Dr David Clark says. Legislation enabling the establishment of the fully ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Zealand privacy law modernised
    A Bill to replace New Zealand’s Privacy Act passed its third reading in Parliament today, Justice Minister Andrew Little has announced. “The protections in the Privacy Bill are vitally important. The key purpose of the reforms is to promote and protect people’s privacy and give them confidence that their personal ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Tourism operators provided extra support
    Extra support is being provided to tourism businesses operating on public conservation land announced Tourism Minister Kelvin Davis and Conservation Minister Eugenie Sage today.  The Government is providing $25m worth of support to tourism operators impacted by COVID-19, with a decision to waive most Department of Conservation tourism related concession ...
    BeehiveBy beehive.govt.nz
    1 week ago