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The Green Party Policy Manifesto (fully costed and seriously progressive)

Written By: - Date published: 12:43 pm, September 20th, 2017 - 48 comments
Categories: Economy, election 2017, Environment, farming, greens, poverty, sustainability, water - Tags: , , ,

Have to say that normally my eyes would glaze over at the term ‘fiscal plan’. But listening to Shaw’s speech on this, I was drawn into a compelling story of why the Greens should have a large influence in the economic management of NZ by the next government (video at bottom of post).

The Greens released their fully costed fiscal plan this week. It’s based on long-term, intergenerational thinking, and brings together all the policy proposals and plans the Greens are offering.

…how to make the promise of a 100% pure New Zealand an actual reality

– James Shaw

The goals of the plan are:

  1. To make New Zealand a world leader in the global fight against climate change.
  2. To restore and replenish our forests, our birds and our rivers.
  3. To end poverty and create an inclusive Aotearoa.

It’s much easier to market a new road than it is to market a zero carbon economy. But we do it anyway, because that’s who we are, and it’s what has to be done.

The policy launch event was aimed at social entrepreneurs, NGOs, scientists, innovators, leading edge start ups, and businesses who are doing the mahi of job creation. Creative thinkers and people who look beyond the normal 3 year political cycle.

Shaw tells a couple of anecdotes that demonstrate the dynamic of how Business as Usual thinking keeps us stuck in the same patterns even when we try to solve problems. So even though Labour and National both now have goals of reducing child poverty by x amount (thanks Greens!), they’re both still using BAU thinking when we need to go beyond that and adapt our thinking around the fast changing world.

I’m not an economics person, but the speech is very interesting. Shaw presents a history of unemployment and welfare from the post-war era until now. Initially the unemployment rate was less than 1% and by the Ruth Richardson era it was 10%, one in ten workers. More recently the average has been 5%, one in twenty workers, this is the new normal. It used to be one in one hundred.

Shaw asserts that the big difference is that back in the day government created jobs – forestry, rail, public works. There was a very generous welfare state post-war. The average benefit was just under 40% of the average wage whereas now it’s around 20%. So there was a very strong safety net but there were also jobs so not many people needed welfare. This meant that welfare was cheap for the country to run.

At that time we had a generous welfare state coupled with plenty of jobs. Shaw then looks at what happens when you take the jobs away (e.g. 1980s Rogernomics). Welfare increases exponentially and becomes unaffordable, so drumroll Ruthanasia 90s policy making it impossible to survive on a benefit with the supposed intention of forcing people to work. But it didn’t work. Welfare costs only went down when more jobs became available in the late 90s/early 2000s. Again, this is setting 5% as the new normal when historically that rate is abnormal.

Then he moves into the consequences of the 80s/90s policies – child poverty.

Nothing particularly new there (although the figures on post-war welfare were new to me). It’s not rocket science, but it’s great to see the Greens laying this out in business/economic contexts. Welfare, fixing poverty, aren’t just touchy feely nice to haves, they’re integral to functioning economies.

He’s making the economic case here, but he is also reminding the audience that this is about human suffering: overcrowding, homelessness, preventable deaths from third world diseases, unnecessary hospitalisations, the long term impacts of children under 3 being raised in poverty.

On the criticism that the Greens should stick to their environmental knitting and not talk about poverty, Shaw makes 2 points.

The first is that if the Greens don’t talk about this, no-one will. Because the Greens talk about it, others have to as well. Beyond the talking about it, the Greens are proposing the most fundamental reform of tax and welfare in a generation:

  • increase all core benefits
  • fixing Working for Families
  • lowering income tax at the bottom end and raising it at the top
  • raising minimum wage

This plan could life every child in NZ out of poverty.

Alongside that is the plan to transform WINZ e.g. raising the abatement rate level. In case it’s not clear yet, what the Greens are proposing is a de facto guaranteed minimum income. Welfare can be modernised to be something proactive and useful for individuals and the state.

The second reason for the Greens to focus on poverty and welfare is because everything is linked. Shaw demonstrates the connections between poverty, housing and the environment (starts at 17mins 30). He uses John Key’s house as an example. Key’s Auckland property made $1.8million every year for the 15 years he owned it. That is tax-free income. Compared to the median income in NZ via wages/salary of $48,000 per year, on which everyone pays tax. So Key’s house earned 40 x the average income and paid no tax.

The point being that if you have a few million dollars to invest, are you going to start a business, create jobs that help lower the unemployment rate below 5% and pay company tax? Or are you going to make lots of tax free income from property?

Shaw points to the wealth in the property market being 3 x that of capitalisation in the share market. He ties the tax loophole to why our productivity is low, our salaries are low, and our housing costs are astronomical.

This is the other driver of poverty and all the problems that flow from that:

There is a direct link between the people who live in these houses and the kids who are dying of rheumatic fever in damp, overcrowded houses  or how are living in cars. And the reason is, that tax loophole.

Hence a CGT on everything except the family home as one part of addressing the housing crisis. Yes lefties, the Greens actually want to tax rich people and give it to the poor.

So here’s another part of the broken economy and how it affects NZ.

In the last thirty years, we’ve transitioned to an intensive dairy-based economy which is killing our rivers and waterways and threatening our native species, and we don’t have any kind of regulation or tax or enforcement to mitigate or offset or prevent all of that catastrophic environmental damage because . . . We just don’t.

Making the connections. The plan is to introduce pollution levies, so that businesses that pollute either pay the cost or preferably change how they run their business. The difference here is that the Green policy attacks the problem at the source, not the symptom (via the nitrate levy). The revenue generated then goes back into farming via Funds that support practical changes on farms and big picture shifts in how we farm. Think sustainability here (and for the permaculture/sustainability design geeks, Shaw basically says the problem is the solution!).

Which leads us neatly to the plan to shift NZ to a post-carbon economy. A big part of this is proposal to plant 1.2 billion trees on marginal land in NZ. This both mitigates farm pollution, helps rivers, prevents erosion, sequesters carbon, and creates jobs. This is mostly going to happen in the regions, so this is regional development too. The plan is paid for via a carbon tax, that also pays a yearly dividend back to NZers. i.e. NZers also directly benefit from solving climate change and protecting the environment.

So that’s why we talk about poverty and tax and the economy alongside climate change and the environment. The problems and the solutions are bound up with each other.

More on the Climate Protection Plan here.

This isn’t policy development via focus groups. This is the Greens again stepping up and talking about what needs to be done and finding ways to make it acceptable to the mainstream.

Because the only way you get these issues out in front of the public and make progress on them is by talking about things that are difficult and that don’t test well in focus groups.

Finally, there is the fiscal geekery stuff. Explanations, charts and documentation, and even a picture of Winston Peters holding up a sign. You can read the details in the speech transcript and in the policy announcement. I hope lefties take the time to look at this and critique it, I’d like to learn more about how what the Greens are proposing might fit into the mainstream understandings of the economy and where it sits in the progressive and social democratic scheme of things.

Love NZ: Fiscal Plan launch video: (if you can’t see the embed, click through to the Facebook version)

The Green vision for NZ

LIVE James Shaw MP presents our fully-costed plan for a cleaner economy, healthy environment & a fairer society #LoveNZ

Posted by Green Party of Aotearoa New Zealand on Sunday, 17 September 2017

From the Green Party website:

The press release.

The overview of the plan:

____________________________________________________________________________

Love New Zealand: Fiscal Plan

We have provided a fully costed plan to deliver on our bold goals that we have committed to for New Zealand’s future.

Voters have every right to be sceptical about the hope and inspiration their political leaders sell them at election time.

The goals of our plan are:

  1. To make New Zealand a world leader in the global fight against climate change.
  2. To restore and replenish our forests, our birds and our rivers.
  3. To end poverty and create an inclusive Aotearoa.

Goals for a Green government

The Green Party in government will:

  1. Deliver on our election priorities — cleaning up our rivers, ending child poverty, and tackling climate change — while running sustainable operating surpluses over the economic cycle;
  2. Reduce debt to responsible levels, taking core Crown debt to below 20 percent of GDP by 2021;
  3. Raise a new tax on capital gains, excluding the family home.
  4. Use the current fiscal headroom to restore health and education funding and run a $600 million annual operating allowance;
  5. Restart payments to the New Zealand Superannuation Fund immediately.

The promise of a cleaner economy, a healthy environment, and a fairer society is 100 percent possible.  Here is our plan to achieve that:

________________________________________________________________________

48 comments on “The Green Party Policy Manifesto (fully costed and seriously progressive) ”

  1. James’ll choke on this!
    Our resident James, that is, 3-nil James, not James Shaw. James Shaw will be grinning.

    • james 1.1

      Yep – 2008, 2011, 2014, My record of picking the winning result is going bloody well so far.

      Not choking on this – Even if the greens do make the 5% (and that’s an if) – they will be losing a ton of MP;s and their influence will be somewhat watered down.

  2. tracey 2

    Thanks for this well written and indepth piece weka.

    • miravox 2.1

      +1 yes, nicely done weka

      I’m sold. The worst thing about the plan is “….to deliver on our bold goals that we have committed to for New Zealand’s future.” The plan is not even that bold, it’s more along the lines of sensible so shows how far NZ has gone in accepting discounts on the future for short-term financial gain that leaves out whole sectors of society. This needs to be turned around. 2020 is not 3 years to late. it’s another 3 years too late.

      Party voted Green.

  3. Macro 3

    And this is why I am an active member of the Green Party, and give two ticks Green. (Well I nominated our candidate so can hardly not vote for him! – anyway he has done an excellent job on the campaign and would be a good MP as would all Green candidates).
    James has continued to impress throughout the campaign – this exposition of the green economy is so fundamental to what we have been on about for years. Many were cautious of James initially because of his corporate world background thinking he would lead off down a “conventional” economic pathway. But I think that while this is not a complete economic revolution, it is a path that can only result in a far more equitable society. This wisdom is not new and James shows that in NZ’s hey day of the 1950’s when despite the depravations of a hugely costly war (and those who lived in those times will remember what those were) no one – no one lived in poverty as we have today.
    By the way – this connection between poverty and environmental degradation isn’t new:
    Hosea 4: 2-4

    There is only cursing, lying, murder, stealing, and adultery.
    They resort to violence and bloodshed.
    3 Therefore the land will mourn,
    and all its inhabitants will perish.
    The wild animals, the birds of the sky,
    and even the fish in the sea will perish.

    My bold wrt the lies and stealing from the public purse by you know who.

  4. Michael 4

    This is the best contribution to political debate in NZ I’ve read for a long time – certainly better than anything I’ve seen from “Labour” in recent years. And yes, I gave the Greens my Party Vote (the first time I’ve ever voted for a Party other than Labour since 1990, and Party Voted since the inception of MMP). As someone posted, above, the Greens won’t be in a position to implement any of this; while I think they will poll higher than 5 percent of the Party Vote, their caucus in the next Parliament will be smaller than it was in the last. Consequently, “Labour” will treat the Greens, and their policies, with all the respect and consideration that it has displayed toward them to date. That is a terrible pity for our country and its people. Business as usual after 23 September.

  5. srylands 5

    I will give them credit for clear policies, fully costed.

    Unfortunately many of them are awful. And nobody affected is going to tolerate a tax rate of 40%. An income of $NZ 150,000 is modest these days. Young people will leave. Older people will go fishing. Why on earth would anyone slog their guts out to give that much of their marginal income to the Government? it will simply chill effort by the people we rely on to meet most of the tax bill.

    On the health ad education funding, whether it is value for money depends entirely on what it is going to be spent on. If the money is for kids in South Auckland then fine, but if it is being gobbled up by Kelburn mums getting child care subsidies, then not so much.

    Sp much of their policies are crap, but kudos to them for acccurately measuring the crap. Which, as you point out, is much more than Labour has managed.

  6. mikesh 6

    I´m always suspicious of politicians who say they will run operating surpluses, not because they can´t do it, but because it´s generally better to run deficits paid for with Reserve Bank interest free credit. Providing a government can do this without causing inflation this seems a much better monetary plan.

    Incidently, if John Key made $1.8 million a year from his property, why did no-one think of dobbing him in to the IRD.

    • weka 6.1

      what tax laws were broken?

    • Nic the NZer 6.2

      Unfortunately at least advertising your intention to run surpluses appears the be the thing of the day politically at present. We will probably need to put up with it for a while until they can explain how government spending actually works to the media and public in plain english.

      Apparently they have been using at least a reasonably progressive economic model to do their budget here. The biggest uncertainties in their budget will however be in the assumptions their model makes rather than where spending should be allocated.

      • weka 6.2.1

        Assumptions about what?

        • Nic the NZer 6.2.1.1

          For example if the budget deficit expands you make some assumptions about how the economy will respond. On assumption would be that the economy can expand supply (produce more output) and therefore there will be more output created and higher employment and higher taxation collected. A conflicting assumption would be that the economy has no room to respond to this and the economy will respond by increasing prices but not supply.

          In terms of the modeling for the government budget we don’t really know enough about the economy to say which will happen in practice.

      • mikesh 6.2.2

        [Unfortunately at least advertising your intention to run surpluses appears the be the thing of the day politically at present.]

        One would hope that this ¨neoliberal¨ idea has been included in their agenda just to keep the voters happy, and will be abandoned once they are in government.

        Another foolish ¨neoliberal¨ practice in place at the moment is borrowing from Westpac, for government expenditure, rather than from our own Reserve Bank. (Central Banks have traditionally been ¨governments´ bankers¨.) Rectifying this doesn´t seem part of any party´s agenda in this election, though I´m pretty sure Winston would be amenable to doing rectifying the problem.

        • tracey 6.2.2.1

          But they are friends with Westpac, and got Power that lovely job there when he showed he had a conscience

        • Nic the NZer 6.2.2.2

          Actually the borrowing from westpac part is a common misunderstanding.
          The governments account in the interbank market is nominally handled by westpac though its separate from westpac banks interbank account. When the government spends or taxes, or sells bonds then transfers happen in the interbank market, just as if one bank pays another. The only kind of money which exists in the interbank market is high powered money (in electronic form) and therefore must have been created by the RBNZ which operates the interbank market system.

          • mikesh 6.2.2.2.1

            Interesting.

            So if the government, for example, wants to pay civil servants´ wages it would create the money and transfer it to the account it has with Westpac in the interbank system. Westpac presumably would then transfer the money to the department concerned through the regular banking system. So in fact the whole thing operates through subsidiary ledgers, with an Interbank control account in Westpac´s Main Ledger, and a Westpac control account in the Reserve Bank´s Main Ledger. Presumably Westpac would be paid a fee for this rather than receive interest.

            • Nic the NZer 6.2.2.2.1.1

              Essentially, yes. At present the DMO probably sold bonds to get the funds into the govrnments account. This is actually done for monetary policy reasons allowing the RBNZ to maintain the OCR system.

              However all the high powered money in accounts in the interbank system can only have been created by the RBNZ.

              Westpac (and other banks) generally accept deposits and even pay interest on them, just so they have access to the high powered money to make further payments for their customers (and borrowers).

              The government designates this account to a commercial bank just so government staff can have access to credit cards, bank machines, public facing accounts and the like without having to run a bank account system themselves.

  7. Antoine 7

    I look at this manifesto and it seems to include a lot of social spending and not a lot more tax. How can this be explained , in plain English?

    A.

    • weka 7.1

      Do you mean you don’t believe the Green and the external audit when they say that the social spending plans have been costed? Or that you just don’t see how it works? Have you tried looking at the individual policy costings and how they are to be paid for? Maybe start with the nitrate levy and farming fund.

      • Antoine 7.1.1

        > Do you mean you don’t believe the Green and the external audit when they say that the social spending plans have been costed? Or that you just don’t see how it works?

        The latter.

        I was hoping someone understood well enough to give a simple answer, off the top of their head, like “It isn’t actually much new spending” or “They have cancelled National’s planned spending in area X” or “Actually new taxes Y and Z will gather quite a bit of money” or “Crown debt will increase”.

        Does anyone understand well enough to do this?

        A.

    • tracey 7.2

      No tax cut next April = 450m
      Removal of indirect subsidy of Farmers from exclusion from ETS = 450 m
      Levy on polluters

      • Antoine 7.2.1

        Thanks, so does that mean there is a billion or so of additional social and environmental spending (per year)?

        A.

        • weka 7.2.1.1

          I think it’s more complicated than that. Tracey can probably explain it better, it’s not my area, but as I understand it, if you look at individual policies, they’re costed. Eg if you are interested social spending, look at the Mending the Safety Net policy, there will be detail in there about what they want to spend (that’s a whole range of things) and how they want to pay for it (off the top of my head, one source was a 40% tax rate on income above $150,000).

          • Antoine 7.2.1.1.1

            One diagram showing all this at a high level would be nice, he said wistfully

            • weka 7.2.1.1.1.1

              I was thinking that about the farming ones. I wanted a flow chart showing taxes/levies and benefits and who they flow to and from and how. Plus highlighting which taxes are revenue generating to run the country and which are designed to change behaviour and that’s eventually be redundant for revenue purposes.

            • Tracey 7.2.1.1.1.2

              I am not an expert on this but it has been auditted. Unlike Nationals daily promises which we have to trust cos English and Joyce have proven themselves so honest

            • Antoine 7.2.1.1.1.3

              > One diagram showing all this at a high level would be nice, he said wistfully

              Ah, it’s there now I look. p23-24 of https://www.greens.org.nz/sites/default/files/policy-pdfs/The%20Green%20Party%27s%20fully%20costed%20plan%20FINAL.pdf.

              So for 2020/21, they have:
              – About $14.2B of increased spending (mostly carbon dividend, health, welfare, education, Super fund, and a large operating allowance).
              – About $2.2B of reduced spending (mostly by cancelling National’s Families package)
              – About $3.5B of new revenue (about half through the carbon tax, with CGT and increased taxation of trusts also contributing significantly).

              By my arithmetic, that increases net Govt spending by in excess of $8B per year.

              Is my arithmetic wrong? If not, where does this $8B come from?

              A.

              • weka

                Doesn’t National have some extra money floating around currently?

                • Antoine

                  Is that the $8B? What were the Nats going to do with it?

                  Its be great if someone who actually understands this stuff could weigh in. Does no one who worked on the policy package post here??

                • Antoine

                  Aha! I found the Nats promises at http://www.scoop.co.nz/stories/PA1709/S00113/national-releases-updated-policy-costings.htm, details at http://img.scoop.co.nz/media/pdfs/1709/Summary_of_policy_costings_10_September.pdf.

                  National has approx $500M of additional spending as of 2020, most in health and education. Plus a few hundred million of capex, roads (but these are to be funded from NLTF and PPPs), and rather large operating allowances which are as yet unallocated.

                  So even if you cancel all this National spending (which is not obviously a good idea given that it contains items like ‘Parents and Newborns package’), it barely scratches the surface of the Greens $8B extra annual spending.

                  So what am I missing? Have I got my facts or my analysis wrong (I am pretty new to all this)? Or if not, where is the Greens $8B per year supposed to come from???

                  A.

                  • weka

                    Have you read through the GP documents? I assume I don’t get it because I don’t understand economics very well. There was a whole bunch of debate going on re the projected accounts in the past month, I didn’t follow it.

                  • Weka summoned me on your behalf, as requested. (I have replied upthread so as to notify you instead of Weka, as your latest comment is at the bottom allowable tier of the reply nesting)

                    As a note, I’m not a GP staffer, just a member, so I am only working from publicly available info, but I have followed the Labour side of the accounting allegations you refer to.

                    $8b extra spend relative to National is nothing, and I can explain why without even adding up the Green books, (I will take your word for now on $8b and check it later) because you’re looking at what is there, rather than what isn’t, because it’s assumed as a starting point.

                    The plan is relative to PREFU, remember. There is significant (ie. $17.34b, lol, or $15.36b after National’s new spending if you assume none of it will be cut, which some of it will as it duplicates promises in opposition budgets or is promised to be cut as part of a change in direction) discretionary spending, which National has kept very large in order to promise extra policies with right up to the wire and then claim that they can do that due to the oxymoron of National being “better economic managers,” and then acted outraged when Labour won the argument on services before tax cuts, then beat them to it on spending the discretionary fund and forced them into instead defending tax cuts and not spending enough, so instead they opted to lie about the oppositions’ plans. This discretionary fund is abnormally large right now.

                    I don’t think you’re lying about being worried of course, just that you’ve heard about fiscal holes. (which is what happens when the finance minister tries to critique an opposition budget and the numbers add up but he gets confused about the labels, then just keeps digging, lol)

                    What Labour and the Greens are proposing to do is leave little (but more than English did in his own near-zero budget as Finance Minister under Key) money for discretionary spending and go into a tiny bit further debt if a $10b disaster necessitates it, in order to restore public spending to sustainable levels. This is Joyce’s backup claim for where his imagined hole is- he argues that Labour will need a massive discretionary budget when governing because they like to spend spend spend so much, which compared to National’s budgets on anything but tax reduction is true, but they also like to consider revenue, and debt, and everything else, and are much better at handling all but one of the key government economic indicators than National are. Economists back him up that the budgets are tight and think Labour might end up spending more than the discretionary budget, but that’s very different than an actual hole, that’s like, their opinion, man.

                    I would also point out briefly that if Labour must go into debt to restore responsible spending and cover unexpected expenses, this is not the fault of Labour’s poor fiscal management. We have had nine long years of National government that has depleted our natural disaster fund and let immigration outpace infrastructure spending in order to chase imagined surpluses and pretend they were doing something to stimulate economic growth when Bill English basically pretended he was Herbert Hoover as far as government spending was concerned, and put all of his extra money into tax cuts for the wealthy. I will go on record as saying that we would have just crawled out of a recession twice as long as the one we did if not for the Canterbury quakes allowing the government to entirely drain the natural disaster fund, and carefully mandate as little topups as possible in repairing Canterbury. And even then, Labour is actually promising not to reverse the original lot of tax cuts, just cancel the new ones and redirect them to people who are actually struggling, where they will be better for society, for families, and for the economy. The Greens only want a modest bit extra of taxes, which is hardly disastrous.

                    All the opposition is asking you to believe is that Robertson and Shaw are collectively nearly as competent as Bill English and Joyce, a standard which this campaign has shown merely requires you to lie only some of the time, and to actually check in with each other before making outrageous allegations that could undermine their own positions and in any sane world would necessitate a resignation, and to have passed your economics papers and be able to add up numbers even when you find the labels a little confusing. I also would be skeptical of Joyce’s numbers on what the discretionary fund needs to be, as Labour used different accouncy practices to Joyce and put some things in line items that Joyce insists will cause problems if they’re not in the discretionary fund. (this is the level of pedantry, or as Keith Ng called it, “ethics in accounting journalism” in reference to GamerGate, he was forced into to not look like a complete drongo when defending his original main point, which he has now abandoned)

                    In my estimation they will manage much better on these tight budgets than National did, although they will find it difficult to deal with anything unexpected that comes up if Labour is serious about ruling out a CGT in the first term.

                    (I suspect if they have the numbers to govern alone, they will be “forced” to “negotiate” into accepting one, they make it near revenue-neutral in reduces other taxes instead of fully neutral, and boom, there goes your fiscal tightness, the sacred discretionary fund is restored! I also expect if they are forced to deal with Winston they will make it clear his more expensive promises will require a CGT, but I could be wrong on this. I have constantly been disappointed in Labour’s bullheaded insistence that they didn’t win the CGT argument convincingly in 2014 because John Key was a media darling who got the benefit of the doubt when shouting over Cunliffe about money)

                    Keith Ng has been very good on this, he was actually the original one to go through both PREFU and Labour’s alternative budget and confirm that the hole claim was outright wrong. He’s not an economist, just an ordinary data jockey like me but probably better because he’s paid to do it, and after he blogged to the spinoff that he’d found where Joyce went wrong suddenly all the economists backed him up on the accounts. If you have questions about this I would direct them to him. He will likely tell you much the same thing if asked, possibly correcting a few details but largely the same story, but with at least more subtle if not less savagery of Bill English and Steven Joyce. I also maintain that by the ancient ettiquette of dueling, Keith Ng is now de facto finance minister until the election, having defeated Steven Joyce at his own job. Enjoy your new irrational cryptocurrencies, and sudden investments into open-source software and new episodes of Community. He may also be less generous than I am on my last two paragraphs, but they are reasonably ancillary to the main point, which, for the TL;DR crowd, is that 15 minus 8 does in fact equal 7, and that 7 is more than 0, and even James Shaw and Grant Robertson, known advocates of responsible left-wing budgets and Not Tax-and-Spending ALL The Money, can make do with “only” $7 billion for surprises.

                  • And yes, I did just troll you with a two-page detailed answer when I could make my point using basic arithmetic but Steven Joyce did that trick first so I’m just following his example.

                    • Antoine

                      I suppose I look at it and it seems to me that National would pay down debt much faster than the Greens. (Or would they blow the excess billions on some kind of spending?)

                      A.

        • Tracey 7.2.1.2

          I didnt write it. I am telling you what I know.

  8. The Chairman 8

    It’s a fallacy to assume that a CGT would lead to a significant boost of new business start ups. Which exposes a major flaw in the Greens rationale.

    New business start ups are a far more riskier investment, property investors tend to be risk-averse investors.

    Additionally, bank lending is largely funding property investment and banks prefer the security loans on property provide over business.

    Therefore, attempting to tie this tax loophole to low productivity, low salaries and astronomical housing costs is a huge leap of faith at best and a disappointing joke if this is what the Greens are basing their CGT policy upon.

    Moreover, as shown overseas, a CGT hasn’t put an end to property speculation or astronomical housing costs.

    And introducing a more comprehensive CGT may result in more houses being flipped as investors become more aggressive and look to make up the shortfall. Exacerbating the problem.

    • weka 8.1

      If it’s the housing crisis you are concerned about then look at all the relevant policies together. Pulling one policy out and examining it in isolation will lead to a misunderstanding of the plan.

      • The Chairman 8.1.1

        “If it’s the housing crisis you are concerned about then look at all the relevant policies together.”

        No. It was the flaw behind the rationale (given above) for a CGT and attempting to tie this tax loophole to low productivity, low salaries and astronomical housing costs, that I was highlighting.

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  • COVID: Back to Level 1
    After stamping the Coronavirus out via strict lockdown between March and May, New Zealand went through a good three months without any community cases. Then a local outbreak in Auckland rather buggered things up last month. Auckland’s been in level 3 and level 2.5 for the past six weeks. ...
    10 hours ago
  • Climate Change: Climate injustice
    Who's causing our skyrocketing emissions? As with most of our other problems, It's the rich: The wealthiest 1% of the world’s population were responsible for the emission of more than twice as much carbon dioxide as the poorer half of the world from 1990 to 2015, according to new ...
    No Right TurnBy Idiot/Savant
    10 hours ago
  • Good riddance
    The border closure and resulting lack of foreign slave-workers is driving the fishing industry out of business: One fishing company is effectively out of business while others are bracing for large financial hits as the deepwater New Zealand industry, unable to get skilled foreign workers into the country, have ...
    No Right TurnBy Idiot/Savant
    10 hours ago
  • 2020 SkS Weekly Climate Change & Global Warming Digest #38
    Story of the Week... Toon of the Week... Coming Soon on SkS... Climate Feedback Claim Review... SkS Week in Review... Poster of the Week... Story of the Week... The tipping points at the heart of the climate crisis Many parts of the Earth’s climate system have been destabilised by ...
    15 hours ago
  • Anyone for Collins?
    In the absence of national public opinion polls, we have had to make do in recent weeks with other guides to voter intentions. Those guides, such as the Auckland Central poll, the incidence of google enquiries and the responses to Vote Compass questions, have suggested, not unexpectedly, that Labour is ...
    Bryan GouldBy Bryan Gould
    16 hours ago
  • Crusher’s fiscal malfunction
    Crusher Collins - National Party leaderWe all know that the National Party is desperate to gain some traction during this election campaign and have been throwing pretty much everything at the Labour Party in order to try and undermine Jacinda Ardern and what the Coalition Government has achieved. But unfortunately ...
    17 hours ago
  • Much of the commentariat’s reporting of the most recent GDP figure was misleading and unhelpful. The prize for the stupidest remark about the GDP figure for second quarter 2020 (2020Q2) released on Thursday (17 Sept) goes to Judith Collins, whose response to Grant Robertson’s comments indicated she did not ...
    PunditBy Brian Easton
    1 day ago
  • Love and Hate as Complementary Revolutionary Acts
    by Gearóid Ó Loingsigh goloing@gmail.com (19/09/2020) Che Guevara said that a true revolutionary is motivated by love i.e. love of the oppressed, the poor, the children dying from preventable illnesses. This phrase of his is true but has been used by reformists and their more hippy wing have taken advantage ...
    RedlineBy Admin
    2 days ago
  • 2020 SkS Weekly Climate Change & Global Warming News Roundup #38
    A chronological listing of news articles linked to on the Skeptical Science Facebook Page during the past week: Sun, Sep 13, 2020 through Sat, Sep 19, 2020 Editor's Choice Get to Net-Zero by Mid-Century? Even Some Global Oil and Gas Giants Think it Can Be Done A report by a ...
    2 days ago
  • Tax cuts for all!!! (except you, you, and you)
    With the National Party this week announcing a new policy of tax cuts to spice up the election campagin. MyThinks went along to the launch and afterwards we spoke to the party’s finance spokesperson Paul “Golden Touch” Goldsmith. MT: Thanks for speaking to us Mr Goldsmith. PG: No. Thank you. ...
    My ThinksBy boonman
    3 days ago
  • Great Waves Washing Over New Zealand
    Always to islanders danger Is what comes over the seas ‘Landfall in Unknown Seas’ (Allen Curnow)Six economic issues external to New Zealand, which will greatly impact upon us. 1.         The Diminishing Global Dominance of the US. Since 1941 America has dominated the world economically and politically. Probably it could ...
    PunditBy Brian Easton
    3 days ago
  • New Zealand has role to play in resolving crisis on ‘geopolitical fault line’, Helen Clark says
    By Geoffrey Miller New Zealand should continue to champion human rights in Belarus amidst an ongoing crackdown on protests by the country’s regime, former Prime Minister Helen Clark says. Protests in the country often referred to as ‘Europe’s last dictatorship’ erupted after the country’s disputed presidential elections on August 9 ...
    Democracy ProjectBy Geoffrey Miller
    3 days ago
  • Euthanasia referendum: How to cut through the emotions
    Jacqui Maguire, registered clinical psychologist This podcast episode highlights how difficult it is to have effective conversations about euthanasia due to how polarised people’s views are. I’m a clinical psychologist, with a passion for science communication. In early 2020 I founded the podcast Mind Brew, with an aim to make psychological ...
    SciBlogsBy Guest Author
    3 days ago
  • Why we need cameras on boats
    In case anyone needed further convincing, there's another example today of why we need cameras on fishing boats: reported seabird bycatch doubled during a camera trial: Commercial fishers operating off Auckland's coast around vulnerable seabirds are twice as likely to report accidentally capturing them when cameras are on ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • Graham Adams: The religious right’s campaign to spike the euthanasia referendum
    In the leadup to the euthanasia referendum, an array of conservative Christian political organisations is running an expensive campaign to sow doubt about the safety of assisted dying. Graham Adams argues that these religious forces know that Christian arguments aren’t convincing the public, but that it is in the public ...
    Democracy ProjectBy bryce.edwards
    3 days ago
  • Opportunistic looting
    The National Party has spent the last six months acting horrified at the cost of supporting people through the pandemic and banging on about how the debt must be repaid. So what was their economic policy released today? Massive tax-cuts for the rich, of course! National has walked back ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • Uncomfortable Choices.
    Dangerous Times: This will be the choice confronting those coming of age in the 2020s. Embrace Neoliberalism’s belief in racial and sexual equality; adopt its secular and scientific world view; and cultivate the technocratic, multicultural, global outlook required of those who keep the machinery of hyper-capitalism humming. Or, throw your ...
    4 days ago
  • Tony Burton: Covid and benefit payments
    It would be a great time to reform the benefit system, according to former Deputy Chief Economic Advisor at the Treasury, Tony Burton. He argues the complexity of benefit system means that it’s failing to achieve its difficult three core objectives, which form an “iron triangle”.   New Zealand’s benefit ...
    Democracy ProjectBy bryce.edwards
    4 days ago
  • Talking tax: How to win support for taxing wealth
    Tax Justice UK, September 2020 Serious tax reform is on the political agenda for the first time in decades due to the coronavirus crisis. As this debate hots up it is important to understand what people think about public spending, wealth and tax. Tax Justice UK, along with Survation and ...
    Closing the GapBy Tracey Sharp
    4 days ago
  • Getting Tough.
    Not Mucking Around: With upwards of 800 dead from the virus’s resurgence in the Australian state of Victoria, leniency is not on Premier Daniel Andrews’ agenda. The Victorian Police are cracking down hard on the protesters the Australian press has labelled "Covidiots".IMAGES OF POLICE, some in riot gear, others on ...
    4 days ago
  • Media Link: Nuclear strategy, then and now.
    Although I had the fortune of being a graduate student of some of the foremost US nuclear strategists of the day (1970s) and later rubbed shoulders with Air Force and Naval officers who were entrusted with parts of the US nuclear arsenal, I seldom get to write or speak about ...
    KiwipoliticoBy Pablo
    4 days ago
  • The Chinese List.
    News that Zhenhua Data, an arm of China Zhenhua Electronics Group, a subsidiary of the military-connected China Electronic Information Industry Group (CETC), maintains a list of 800 New Zealanders on a “Overseas Key Information Database” that contains personal information on more than 2.4 million foreign individuals, has caused some consternation ...
    KiwipoliticoBy Pablo
    5 days ago
  • Things that grow fast, and things that surprise us
    Marie Becdelievre January 2020. The number of news article mentioning coronavirus exploded and anxious voices whispered about a global pandemic. Whisper? To me, it was only a whisper. I tend to learn about the world through non-fiction books, conferences, and academic research rather than news and social media, so ...
    SciBlogsBy Guest Author
    5 days ago
  • Skeptical Science New Research for Week #37, 2020
    2,082,476,000,000,000 Viability of greenhouse gas removal via the artificial addition of volcanic ash to the ocean  (not open access, unfortunately) walks us through the numbers on a particular means of CO2 removal, addition of volcanic tephra to the ocean. The mechanism is straight chemistry and the cost is fully an order of ...
    5 days ago
  • Barbados to become a republic
    Barbados is planning to remove the queen as head of state and become a republic in time for the 55th anniversary of its independence in 2021: Barbados has announced its intention to remove the Queen as its head of state and become a republic by November 2021. [...] Reading ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Party Like It’s 1989: Bait and Switch is a Bad Look, Mr Hipkins
    At the 2017 election, the New Zealand Labour Party promised a Fees Free Policy for tertiary students. Basically, it would make the first year of university education free in 2018, with a second year in 2021, and a third in 2024. It also promised to restore Post-Graduate access to the ...
    5 days ago
  • Will the tropics eventually become uninhabitable?
    Climate Explained is a collaboration between The Conversation, Stuff and the New Zealand Science Media Centre to answer your questions about climate change. If you have a question you’d like an expert to answer, please send it to climate.change@stuff.co.nz What is the impact of temperature increases in the tropics? ...
    SciBlogsBy Guest Author
    6 days ago
  • A first-hand look: What it’s like to live in a 2020 California wildfire evacuation zone
    This is a re-post from Yale Climate Connections by Daisy Simmons It felt like 100 degrees in my in-laws’ Grass Valley, California, kitchen, but at least the lights were on and for the moment we were safely “distanced” from the Jones Fire. We’d just finished dessert, after pizza and a movie ...
    6 days ago
  • A flaw in our electoral transparency regime
    A key part of our electoral funding regime is a requirement for some transparency around donations, on the basis that if we can find out who has bought our politicians (typically after we have voted for them) then everything is alright. There are a lot of problems with that regime ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • Don’t Steal This Book
    On “In Defense of Looting” Matt Taibibi takes an entertaining look at this generation of woke activists and how they compare with Abbie Hoffman the iconic anti-Vietnam war counter-culture figure of the 1960s On Thursday, August 27th, the same day Donald Trump formally accepted the Republican nomination, National Public Radio ...
    RedlineBy Daphna
    6 days ago
  • Climate Change: Carbon prices must rise
    When Parliament introduced the Emissions Trading Scheme, it was worried that carbon prices might get too high. So it introduced a "fixed price option", allowing polluters to pay the government $25 in the place of surrendering credits. The result was predictable: after we were thrown out of international carbon markets ...
    No Right TurnBy Idiot/Savant
    7 days ago
  • Climate Change: Disclosure
    The government will finally be requiring large New Zealand companies to disclose their climate change risks: New Zealand finance companies will be made to report on climate change risk, Climate Change Minister James Shaw has announced. The policy will force around 200 large financial organisations in New Zealand to ...
    No Right TurnBy Idiot/Savant
    7 days ago
  • Tackling the hard issues – trust and relationships
    By Claire Grant, Genomics Aotearoa Communications Manager Community consultation is becoming an increasingly important aspect of research programmes in New Zealand, and with that comes the art of relationship building. Engagement between scientists and user-groups is certainly nothing new. But as stakeholder involvement becomes more of a requirement for science, ...
    SciBlogsBy Genomics Aotearoa
    7 days ago
  • Equality Network – September Newsletter
    Read the Equality Network newsletter here ...
    Closing the GapBy Tracey Sharp
    7 days ago
  • The Left’s Lost Allies.
    Rebels In A Wrong Cause: The truly frightening thing about Jami-Lee Ross’s and Billy Te Kahika’s success in persuading thousands of New Zealanders that Covid-19 is just another trick, just another way of stealing away their power, is realising just how many of them once marched at the Left’s side. ...
    7 days ago
  • Legal Beagle: Low-Hanging Fruit
    In a couple of months, the 53rd Parliament will meet in Wellington, and approximately 120 MPs will be sworn in, many of them for the first time.They will all have political goals, some aligning with their party platforms, some not, some complex, and some simple, but they will gain one ...
    7 days ago
  • Closing the Gap thinks that Labour’s proposal to raise the top tax rate is great but………
    Media Statement For Immediate Release 10th September 2020 The income and wealth inequality lobby group, “Closing the Gap” thinks the Labour proposal a great start says Peter Malcolm, a spokesperson for the group. But they need to be aware of what many of the rich do and of what do ...
    Closing the GapBy Tracey Sharp
    7 days ago
  • Climate Change: No nonsense
    ACT is pushing a "no-nonsense climate change plan". What does it involve? Repealing the Zero Carbon Act and Emissions Trading Scheme, reversing the fossil-fuel exploration ban, and allowing mining on conservation land. In other words, repealing any policy which might actually reduce emissions. Which is the very definition of nonsensical. ...
    No Right TurnBy Idiot/Savant
    7 days ago
  • My Climate Story: Coming full Circle
    This blog post is a follow up to my recap of Al Gore's Climate Reality Leadership Training I recently participated in. One of the exercises we were asked to complete was to write about our respective "Climate Story". This is a slightly updated version to the one I had submitted during ...
    1 week ago
  • A bill to criminalise wage theft
    Wage theft is a problem in New Zealand, with a widespread practice of forcing employees to work without pay, and regular cases of underpayment and exploitation. One reason why its such a widespread problem is impunity: rather than a crime, wage theft is merely a tort, dealt with by the ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Liam Hehir: What the voting age debate tells us about our disconnected political media
    New Zealand’s media and online politics often reflect the values of liberal and progressive agendas. According to Liam Hehir, the current proposals to lower the voting age to 16 years – which the media overwhelming supports – is indicative of a wider mismatch with society, which is not good for ...
    Democracy ProjectBy bryce.edwards
    1 week ago
  • Why Pay Taxes?
    My wife and I, through a combination of good luck and good management, have managed to retire in comfortable circumstances. We celebrate our good fortune by making relatively small but regular donations to a range of good causes – to rescue services like the rescue helicopters, St John’s Ambulance and ...
    Bryan GouldBy Bryan Gould
    1 week ago
  • Now everyone’s a statistician. Here’s what armchair COVID experts are getting wrong
    Jacques Raubenheimer, University of Sydney If we don’t analyse statistics for a living, it’s easy to be taken in by misinformation about COVID-19 statistics on social media, especially if we don’t have the right context. For instance, we may cherry pick statistics supporting our viewpoint and ignore statistics showing we ...
    SciBlogsBy Guest Author
    1 week ago
  • More timid bullshit from Labour
    Over the weekend, Labour released its welfare policy: an increase in benefit abatement thresholds. And that's it. Faced with clear evidence of ongoing hardship among beneficiaries and a call from its on Welfare Expert Advisory Group to raise core benefits by between 12 percent and 47 percent, Labour's response is ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • The Police Kill as Part of their Social Function
    by Gearóid Ó Loingsigh (Bogota; 09/11/2020) The murder of Javier Ordoñez in the neighbourhood of Villa Luz in Bogotá, Colombia at the hands of two policemen brings to the fore the issue of police violence and its function in society. First of all we should be clear that we are ...
    RedlineBy Admin
    1 week ago
  • 2020 SkS Weekly Climate Change & Global Warming Digest #37
    Story of the Week... La Niña Update... Toon of the Week... Quote of the Week... Coming Soon on SkS...  Poster of the Week... SkS Week in Review... Story of the Week... Humans exploiting and destroying nature on unprecedented scale – report Animal populations have plunged an average of 68% ...
    1 week ago
  • The 2019 measles epidemic in Samoa
    Gabrielle Po-Ching In November 1918, the cargo and passenger ship Talune travelled to Apia, Samoa from Auckland, carrying a number of passengers who had pneumonic influenza. From these passengers stemmed the biggest pandemic Samoa had ever seen. With around 8,500 deaths, over 20% of the country’s population at the ...
    SciBlogsBy Guest Author
    1 week ago
  • Shifting all Isolation/Quarantine Facilities to a Single Air Force Base: The Need for a Critical Ana...
    Prof Nick Wilson*, Prof Michael Baker In this blog the arguments for and against shifting all COVID-19 related isolation/quarantine facilities to a single air force base at Ōhakea are considered. The main advantage would be a reduction in the risk of border control failures, which can potentially involve outbreaks ...
    SciBlogsBy Public Health Expert
    1 week ago
  • The difference between Green and Labour: a tale of two Finance Ministers
    So the Greens co-leader James Shaw recently made a mistake. In his role as Associate Finance Minister approving funding for “shovel-ready” projects, he fought hard for a private “Green school” to get funding to expand their buildings and, therefore, their student capacity. There are many problems with what he did: ...
    Cut your hairBy calebmorgan
    1 week ago
  • Bryce Edwards: Political Roundup – The missing election policy on free dental visits
    Over the last three years there have been growing calls for the government to provide dental services under the health system – universal free dental care. This is because at the moment there’s an anomaly in which teeth are regarded as different from the rest of the body which means ...
    Democracy ProjectBy bryce.edwards
    1 week ago
  • 2020 SkS Weekly Climate Change & Global Warming News Roundup #37
    A chronological listing of news articles linked to on the Skeptical Science Facebook Page during the past week: Sun, Sep 6, 2020 through Sat, Sep 12, 2020 Editor's Choice With California ablaze, Newsom blasts Trump administration for failing to fight climate change Trinity River Conservation Camp crew members drown ...
    1 week ago
  • Letter to the Editor
    Dear Sir, As we head into the run up to the upcoming election I feel it is my duty to draw your attention to the lack of fun we are currently forced to ensure by the Adern regime. In their efforts to keep the nation’s essential workers, health compromised people, ...
    My ThinksBy boonman
    1 week ago
  • Participating in Al Gore’s Climate Reality Leadership Corps Training
    It finally happened: about 13 years after first watching Al Gore’s documentary “An Inconvenient Truth” (AIT) in 2007 when it became available in Germany, I recently completed the Climate Reality Leadership Corps Training! Participating in this particular training had been on my to-do list for quite some time but it ...
    1 week ago
  • Dysfunctional Design
    Windows 95 is famous for requiring the shutting down the system by clicking ‘start, like stopping your car by turning the ignition key on. Why are so many interfaces so user-unfriendly? The Covid app to register your entering premises can be so clumsy. Sometimes I have signed in, sat down ...
    PunditBy Brian Easton
    1 week ago
  • Josh Van Veen: Can we trust the polls?
    Is the 2020 election result really the foregone conclusion that the polls and commentators are suggesting? Josh Van Veen suggests otherwise, pointing to some of the shortcomings of opinion polling, which could ready some politicians to say “bugger the pollsters” on election night.   In November 1993, opinion polls foretold ...
    Democracy ProjectBy bryce.edwards
    1 week ago
  • The UK wants climate action
    Back in 2019, six select committees of the UK Parliament established a Citizen's Assembly to investigate how to respond to climate change. The Assembly's deliberations were forced online by the pandemic, but it has finally reported back, and overwhelmingly supports strong action: Taxes that increase as people fly further ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • In the US, the End of Days.
    I am feeling a bit impish today and so for no particular reason I thought I would share this thought, which I first posted over on twitter: “Hurricanes, wildfires, floods, heatwaves, street protests, armed vigilante militias, a lethal pandemic and a corrupt authoritarian using the federal government for partisan and ...
    KiwipoliticoBy Pablo
    1 week ago
  • Government too slow in deploying military to assist with Covid-19 response, former defence minister ...
    Wayne Mapp (Photo: Tsmith.nz via Wikimedia) A former Minister of Defence says the government was too slow to involve the New Zealand Defence Force (NZDF) in New Zealand’s response to Covid-19. But Wayne Mapp, a National MP from 1996-2011 who served as Minister of Defence for three ...
    Democracy ProjectBy Geoffrey Miller
    1 week ago
  • Underwhelming
    Transport is our second biggest polluter after agriculture, making up 17% of our national emissions. Cars and trucks emit 15 million tons of CO2 every year. So, if we're serious about tackling climate change, we need to eliminate this entirely. Public transport and better urban design will be a key ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Five things we know about COVID-19, and five we don’t
    Five things we’ve learnt 1. We know where the virus ultimately came from We know that the virus originally came from bats, and most probably a species of horseshoe bat in South East Asia. However, the spike protein in SARS-CoV-2, which allows the virus to attach to cells and infect ...
    SciBlogsBy Robert Hickson
    1 week ago
  • Stewardship land is conservation land
    The Greens' greatest disappointment while in government this term has been the failure to implement a ban on mining on conservation land. Promised by Jacinda Ardern immediately after gaining power, it had long been assumed that the problem was NZ First (who have a long history of environmental vandalism). But ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • The price of Green co-operation just went up
    If they get into Parliament, everyone expects the Greens to form a coalition with Labour. But James Shaw has said that that might not be the case, and that they might instead choose to sit on the cross-benches: The Greens are prepared to forego a coalition or confidence and ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Swimming with whales: you must know the risks and when it’s best to keep your distance
    Chantal Denise Pagel, Auckland University of Technology; Mark Orams, Auckland University of Technology, and Michael Lueck, Auckland University of Technology Three people were injured last month in separate humpback whale encounters off the Western Australia coast. The incidents happened during snorkelling tours on Ningaloo Reef when swimmers came too close ...
    SciBlogsBy Guest Author
    2 weeks ago
  • Driving Out The Money-Changers Of Reactionary Christianity.
    Den Of Thieves: They describe themselves, and the money-making rackets they dignify with the name of church, “Christian”, but these ravening wolves are no such thing. The essence of the Christian faith is the giving of love – not the taking of money. It is about opening oneself to the ...
    2 weeks ago
  • Could academic streaming in New Zealand schools be on the way out? The evidence suggests it should b...
    David Pomeroy, University of Canterbury; Kay-Lee Jones, University of Canterbury; Mahdis Azarmandi, University of Canterbury, and Sara Tolbert, University of Canterbury Academic streaming in New Zealand schools is still common, but according to recent reports it is also discriminatory and racist. Also known as tracking, setting and ability grouping, streaming ...
    SciBlogsBy Guest Author
    2 weeks ago
  • A Time To Begin Again.
    A New Holy-Day: Perhaps, by accepting this gift of Matariki from the first arrivals in Aotearoa, we late arrivals, shorn of our ancestors’ outlandish fleeces, can draw strength from the accumulated human wisdom of our adopted home. Perhaps, by celebrating Matariki, we can learn to take ownership of our colonial ...
    2 weeks ago
  • Labour’s tax trauma victims and how they might help the Greens
    If there was any doubt left, we can surely call it now. Time and date. End of. Finito. Perhaps you thought you saw a flickering eyelid or a finger move? You were wrong. Labour has given up on tax reform for the foreseeable future. One of the key remaining left/right ...
    PunditBy Tim Watkin
    2 weeks ago
  • Bryce Edwards: Political Roundup – Labour gives up on tax transformation
    Will the rich get richer under Labour’s latest tax policy? Based on the analysis in reaction to yesterday’s announcement, the answer would seem to be yes. The consensus from commentators is that inequality and severe economic problems will remain unchanged or even be made worse by Labour’s new policy. Although ...
    Democracy ProjectBy bryce.edwards
    2 weeks ago
  • Labour on energy: Business as usual
    Labour has released its energy policy, and its basicly business as usual: bring forward the 100% renewable target to 2030, build pumped storage if the business case stacks up, restore the thermal ban and clean car standard (but not the feebate scheme), and spread a bit of money around to ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Climate Change: Overshoot
    California is burning down again. In Oregon, the city of Medford - a town the size of Palmerston North - has had to be evacuated due to the fires. In the Atlantic, Tropical Storm Rene has become the earliest "R"-storm to form since records began, beating the previous record by ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Says it all
    What's wrong with Labour? The end of yesterday's RNZ health debate says it all: Do you have private health insurance? Reti: "I do." Hipkins: "Yes, I do." Hipkins is Minister of Health. But it turns out that he won't be waiting in the queue with the rest ...
    No Right TurnBy Idiot/Savant
    2 weeks ago

  • $27million investment in global vaccine facility
    The Coalition Government has committed to invest $27 million in COVID-19 vaccine development through the global COVAX Facility, Foreign Minister Winston Peters announced today. “The COVAX Facility is a key part of our COVID-19 Vaccine Strategy to obtain safe and effective vaccines. It allows us to invest in a high-quality, ...
    BeehiveBy beehive.govt.nz
    12 hours ago
  • Government backing Māori landowners
    The Government will provide up to $1.69 million through the One Billion Trees programme to Māori landowners to make their whenua more productive through the planting of forests, both native and exotic, and improve economic and environmental outcomes, Forestry Minister Shane Jones has announced. “Around 1.5 million ha of land ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New tools to make nature more accessible
    People planning to head outdoors now have a resource that lets them know how accessible an area is for people with varying levels of mobility, Minister of Conservation Eugenie Sage announced today. The Halberg Foundation, Sensibel, and the Department of Conservation (DOC) have launched Accessibel, a new tool which helps ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • PGF makes Māori history more accessible
    One of the most significant battle sites of the 1860s Land Wars will receive $2.96 million from the Provincial Growth Fund to improve the site and help tell the New Zealand story to visitors, Māori Development Minister Nanaia Mahuta and Regional Economic Development Minister Shane Jones have announced. Nanaia Mahuta ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Making it official: The journey of te reo Māori | Kia whakapūmautia: Ngā piki me ngā heke o te r...
    The journey towards recognising Māori as an official language and taonga has been captured as a web series and launched today during Te Wiki o te Reo Māori, announced Associate Arts, Culture and Heritage Minister Carmel Sepuloni. “Te reo Māori is a living language, and understanding its significance, and pathways to ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Better-than-forecast GDP reflects decision to protect New Zealand
    Today’s better-than-forecast GDP figures show the expected impact of the decision to act quickly to protect New Zealanders from the global COVID-19 pandemic. GDP fell 12.2% in the June quarter from March, reflecting decisions to close New Zealand’s borders and enter Alert Level 4. “This result was better than the ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Boost for COVID-19 related Pacific education needs
    The Government is investing $39.7 Million over four years to support the educational needs of Pacific learners and families in the regions hardest hit by COVID-19, with Auckland getting an immediate boost, Associate Minister of Education Jenny Salesa says.   “Like all New Zealanders Pacific families want learners to do well ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • More resources for kiwi conservation
    New Zealand’s goal of 100,000 kiwi by 2030 is being helped by an extra $19.7 million in funding to accelerate iwi and community efforts to protect kiwi, Minister of Conservation Eugenie Sage announced. “$19.7 million of Jobs for Nature funding is being invested in kiwi conservation activities including increased predator ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Improving access to affordable electricity
    Ensuring New Zealanders can get the best deal on their electricity takes a step in the right direction today with the South Island launch of the EnergyMate pilot run by the Electricity Retailers’ Association, says Minister of Energy and Resources, Dr Megan Woods. EnergyMate is an industry-led programme providing coaching ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government achieves 50 percent women on state boards
    Minister for Women Julie Anne Genter announced today that the Government has reached its target of 50 percent on women on state sector board and committees – setting a new record level of women on state sector boards. “This Government is committed to having more women in leadership roles - ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Record transport investment to help economic recovery and save lives
    Transport Minister Phil Twyford released today the final Government Policy Statement on land transport (GPS) 2021 which outlines the planned $48 billion investment in services and infrastructure over the next decade. “The final GPS supports our Government’s five-point plan for economic recovery by confirming our record investments in transport infrastructure ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Advancing clean energy technology
    Three ambitious and cutting-edge research programmes that will lift New Zealand’s advanced energy technology research capability over seven years, have been supported by Government today, says Research, Science and Innovation Minister Megan Woods. The projects will each receive a share of $40.7 million investment from the Strategic Science Investment Fund. ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Major milestone reached in Pike River Re-entry
    The critical area for forensic examination known as Pit Bottom in Stone has been reached in what is a major milestone for the Pike River re-entry project, Minister Responsible for Pike River Re-entry Andrew Little announced. “The infrastructure located in Pit Bottom in Stone is of very significant interest in ...
    BeehiveBy beehive.govt.nz
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  • Economic recovery guides Govt response to retirement income policy review
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