Written By: - Date published: 11:46 am, May 16th, 2013 - 213 comments
Budget links and reaction (updates to come).
Four years of misguided austerity have delayed any recovery.
Despite the advance publicity there is nothing significant here for families in poverty.
Written By: - Date published: 1:02 pm, May 15th, 2013 - 27 comments
The whole austerity driven focus of the budget and National’s economic policy is based on a premise which is in turn based on a spreadsheet error.
Written By: - Date published: 12:24 pm, May 8th, 2013 - 20 comments
This morning David Shearer gave Labour’s “pre budget” speech. No new policy, but plenty of good one-liners and a strong statement of Labour’s position.
Written By: - Date published: 7:47 am, May 8th, 2013 - 22 comments
We’re in yet another round of talk of “green shoots” of economic recovery, complete with the hype of an optimistic budget. Maybe they’re right this time, but the recovery, when it does happen, will be in spite of the National government, not because of them. All National have done is hold us back for four years.
Written By: - Date published: 12:37 pm, May 6th, 2013 - 12 comments
The chief executive of the New Zealand Manufacturers and Exporters Association supports the Labour / Green electricity proposals.
Written By: - Date published: 10:01 am, April 29th, 2013 - 31 comments
MSM articles show the big Aussie banks are making record profits, Kiwis can save, and Adam Smith worshiping think tanks are not to be trusted. Cunliffe & Norman said it a while back – NAct policies and government spending cuts are not the answer.
Written By: - Date published: 7:09 am, April 20th, 2013 - 98 comments
The Labour / Green electricity proposals picked up very significant support from Vector CEO Simon Mackenzie. Other analysts and commentators have weighed in with support, while some of the reaction from the business community has been (like the Nats) bordering on the unhinged.
Written By: - Date published: 10:43 am, April 19th, 2013 - 34 comments
Bank profits are up again. A 10 per cent increase over the past three months it was announced yesterday. What we don’t often hear though is how this profit is generated. It basically goes like this. Bank staff are all under sales targets. They need to sell a certain level of debt to meet these […]
Written By: - Date published: 12:02 pm, April 18th, 2013 - 223 comments
At noon today Labour and the Greens jointly announced new energy policies. “NZ Power” is big and it’s bold. It will completely restructure the way the electricity sector is run, and result in lower power prices for both domestic and business consumers.
Written By: - Date published: 9:16 am, April 17th, 2013 - 67 comments
Sometimes a certain distance gives the clearest view. A piece on PM John Key from Australian newspaper The Telegraph.
Written By: - Date published: 10:02 am, April 2nd, 2013 - 166 comments
Our “let’s make a deal” PM is outclassed on this one. I actually have some sympathy this time, the government is between a rock and a hard place. But while most of us worry about Southland, I suspect the Nats’ concerns will be a little closer to home…
Written By: - Date published: 10:42 am, April 1st, 2013 - 49 comments
Changes to the tax rules that kick in today reverse two decisions made earlier by the government. Dither dither dither.
Written By: - Date published: 8:47 am, March 29th, 2013 - 190 comments
The ideological loonies advising the government want us to go even further down the stupid and damaging path of income tax cuts. Surely even the Nats have too much sense to listen this time.
Written By: - Date published: 11:42 am, March 28th, 2013 - 23 comments
New figures show that the wage gap with Australia is still increasing. National has nothing to offer but useless policies and excuses, while the captains of industry trot out the old productivity lie again.
Written By: - Date published: 12:25 pm, March 27th, 2013 - 4 comments
Professor Christoph Schumacher will look at the question “Should we be aiming for continual economic growth within a finite environment?”
Date: Wednesday March 27, 2013
Time: 6.00-7.30pm (Lecture commences at 6.30pm)
Venue: Sir Neil Waters Lecture Theatres, Albany campus, Massey University
Written By: - Date published: 9:48 am, March 26th, 2013 - 48 comments
The financial crisis in Cyprus has taken an unusual turn, and for a change it is the rich who will be left with the bill.
Written By: - Date published: 12:04 pm, March 12th, 2013 - 40 comments
The Bill to Mondayise holidays seems certain to progress. A nice win for David Clark and for Labour, and an all too rare example of MMP working as it should.
Written By: - Date published: 8:35 am, March 3rd, 2013 - 35 comments
As the result of their political deadlock, automatic sequestration (budget cuts) have been triggered in America. This won’t end well for the economy – or the Republicans.
Written By: - Date published: 9:05 am, February 23rd, 2013 - 15 comments
I/S from No Right Turn describes another brick in National’s wall of stupid. “New Zealand will be locked out of the international carbon market in retaliation for our refusal to sign up for Kyoto’s Second Commitment period.”
Written By: - Date published: 10:42 am, February 9th, 2013 - 68 comments
Once again Big Film threatens NZ to do as it’s told, or they will take their toys and go home. Specifically, they don’t want negotiation documents released under OIA. Makes one wonder just what is in these documents. What are they afraid of do you think?
Written By: - Date published: 9:25 am, February 7th, 2013 - 109 comments
Another day, another company that couldn’t make it in National’s stagnant economy. But this company, Mainzeal, is a particularly significant case, our third largest construction company. There will be significant flow on effects to other parts of the sector.
Written By: - Date published: 11:12 am, February 3rd, 2013 - 5 comments
My regular Sunday piece of interesting, longer, deeper stories I found during the week. It’s also a chance for you to share what you found this week too. Those stimulating links you wanted to share, but just didn’t fit in anywhere. This week: Economics, inequality, privacy-destroying drones and citizen responsibilities.
Written By: - Date published: 10:21 am, February 1st, 2013 - 23 comments
Granny Herald: “Some policies aimed at quenching what politicians perceive to be a public appetite for fairness are recycled regularly even when they have been shown to be deeply flawed.” Discuss…
Written By: - Date published: 9:02 am, January 31st, 2013 - 47 comments
David Parker has drawn attention to a steadily growing $1 Billion hole in projected tax income. That gap, and the stalled economy which underlies the problem, are not going to be fixed by John Key acting like an angry chimp in parliament, flinging insults out of his cage.
Written By: - Date published: 9:08 am, January 30th, 2013 - 14 comments
Because the EPMU put it so well – here’s the summary of their submission to the Manufacturing Inquiry.
Written By: - Date published: 9:18 am, January 23rd, 2013 - 51 comments
According to an international credit reporting agency our economic “risk profile” is “deteriorating”, due in part to rising unemployment. Good work National.
Written By: - Date published: 9:02 am, January 17th, 2013 - 220 comments
Cat beats stockbrokers at playing the market. Bottom line, we are all at the mercy of a financial system that we don’t and probably can’t understand.
Written By: - Date published: 10:04 am, January 16th, 2013 - 41 comments
With a 10% increase in the median house price last year, we’re firmly back on a damaging house price binge. Labour has policies that address the issue. Where is National?
Written By: - Date published: 8:32 am, January 4th, 2013 - 93 comments
The Asset Sales petition has the numbers for a referendum, but need to continue to collect signatures til the petition is submitted at the end of the month. Well done! The evidence & the majority of New Zealanders do not support the sales. Keep campaigning!
Written By: - Date published: 10:58 am, January 2nd, 2013 - 12 comments
Over the last year some issues have been under-reported, some ignored: the climate/environment, subversive FBI activities, bankster rorts, decline of democracy, the need for new left & green politics. Some news has been overdramatised, some masks the real needs. And the “fiscal cliff”?
Written By: - Date published: 8:05 am, December 29th, 2012 - 93 comments
There’s been a couple of stories in the news over the last 24 hours that could do with some scrutiny: Treasury warns of asset sales over-load; potential sale of Oceania Dairy to an overseas company to set up a milk factory in NZ.
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