The Standard

Economy

Posts on the economy, work, business, income, and labour

Categories under Economy

Where Does Labour Rebuild? 

Written By: - Date published: 9:01 am, August 26th, 2024 - 48 comments

It won’t come from the working class. But we know where it will come from.

Roger Douglas Has a Lesson for the Left

Written By: - Date published: 12:33 pm, August 25th, 2024 - 28 comments

Roger Douglas, the most revolutionary minister in the postwar history of Aotearoa, knew how to exert change in three years. Rogernomics transformed the economy with dizzying speed, from protectionist welfare state to a neoliberal free market. Elliot Crossan argues that the left needs to take the same approach to end the era of neoliberalism.

Culture wars are a diversion from addressing class struggles

Written By: - Date published: 2:03 pm, August 24th, 2024 - 25 comments

Ditch the NZ culture wars if we really want challenge status quo.

David Seymour’s Ministry of Regulation costs $80mn

Written By: - Date published: 12:38 pm, August 22nd, 2024 - 17 comments

David Seymour’s new Ministry has 91 staff, including 3 Deputy CEOs who earn up to $348K each – more than Ministers. Seymour wants to use it as a vehicle to change how NZ makes laws and invokes Ruth Richardson in his vision.

NZ: No jobs, expensive housing, time to leave

Written By: - Date published: 4:26 pm, August 21st, 2024 - 63 comments

It gets rather depressing reading the statistics on National’s induced recession as they steadily push New Zealand into stagflation. The Reserve Banks unplanned OCR decision last week wasn’t a hopeful sign. We’re in for a few years of a National led and created recession. Get out while you still can

Is a Transformational Left-Wing Leadership of the NZ Labour Party Possible?

Written By: - Date published: 4:57 pm, August 17th, 2024 - 79 comments

It is a painful experience, to have fought long and hard for something you knew was inadequate and to have even that taken away. The Labour Party has long urged activists to be ‘realistic’. Elliot Crossan argues that it will not return to be a socialist party of the working class.

Chhour needs to go

Written By: - Date published: 10:52 am, August 16th, 2024 - 24 comments

It is a shame that Ipredict is not still around. Otherwise I would be putting money on Chhour being the first to go.

Mountain Tui: Luxon’s $1000 A Week Is His “Entitlement”. Just Not Yours.

Written By: - Date published: 1:06 pm, August 14th, 2024 - 32 comments

When Luxon claimed $1000 a week of tax-free, taxpayers money for accommodation, because he didn’t want the 2 free properties he was offered, he said he was entitled to it. But according to the government, all beneficiaries now require harsher rules or risk having their entitlements stripped. Yet only ~5% aren’t compliant and last quarter, 1500 were cut off. What do the numbers say?

Mountain Tui: Beneficiary sanctions & targets don’t add up

Written By: - Date published: 1:23 pm, August 13th, 2024 - 9 comments

The jobseeker beneficiary sanctions and targets are not adding up. It also inflicts a lack of dignity and shame on recipients at a time when austerity is actively increasing unemployment.

We should have kept the power company shares

Written By: - Date published: 8:19 am, August 9th, 2024 - 29 comments

Shane Jones, went onto radio yesterday and pledged a solution to high power prices. What are his chances and why are we in this mess?

Maritime Union v Willis

Written By: - Date published: 12:16 pm, August 7th, 2024 - 49 comments

National’s decision to cancel the replacement Cook Strait ferry project is developing into a full blown political crisis for the Government with estimates that it could cost the Crown up to a billion dollars and with further costs to come.

Mountain Tui: New Zealanders are now dying from an underfunded health system

Written By: - Date published: 12:41 pm, August 5th, 2024 - 5 comments

After months of warnings from doctors, nurses and hospitals, a Northland patient is dead after no doctors were present at the hospital. The budget cuts and chosen austerity measures are hurting us all. Here’s more.

The Promises of Lange, Moore, Bolger, and the WTO

Written By: - Date published: 9:15 am, August 4th, 2024 - 26 comments

In 2024 we ought to ask if the economic reforms of the 1980s and 1990s has delivered on what was promised. 

Mountain Tui: Who will hold Chris Luxon and Shane Reti accountable for the Health NZ deception?

Written By: - Date published: 5:20 pm, July 29th, 2024 - 21 comments

Since Shane Reti and Christopher Luxon announced the Health NZ cost “blowout” and an unexpected deficit, the truth has emerged, and it’s all becomes stranger than fiction. Which claims were accurate? And which seemed to be a case of misrepresentation?

National sneakily reduces child poverty targets

Written By: - Date published: 9:12 am, July 26th, 2024 - 19 comments

It has emerged that National has sneakily reduced child poverty targets.

Resisting US pressure for NZ to sacrifice itself to defend US hegemony against China

Written By: - Date published: 3:07 pm, July 24th, 2024 - 16 comments

Don Brash is now publicly standing together with Helen Clark to protest against the subservience of recent New Zealand governments to America’s anti-China policy.

Mountain Tui: Can we talk about New Zealand’s health system?

Written By: - Date published: 11:25 am, July 23rd, 2024 - 96 comments

Christopher Luxon and Shane Reti took the extraordinary step of removing the Health NZ Board and replacing it with a Health Commissioner. Why did they do that and will it help the real issues facing our health system?

PSA wins an important case about collective agreements

Written By: - Date published: 4:17 pm, July 18th, 2024 - 3 comments

The PSA just won an important case in the Employment Relations Authority against the Ministry of Education about collective agreements. There are significiant downstream implications to planned layoffs, legal fights, and Nicola Willis’s already tax cut strained budget.

Tui: National Party’s Local Water Done Well – A more expensive 3 Waters with potential for privatisation

Written By: - Date published: 6:30 am, July 18th, 2024 - 4 comments

Simeon Brown is working on National’s New 3 Waters called “Local Water Done Well.” But is it just a more expensive version with a privatisation catch?

Mountain Tui: When is an independent expert or advisory group “independent?”

Written By: - Date published: 11:06 am, July 12th, 2024 - 5 comments

As reports confirm that the Government intends to sell off Kiwirail ferries, the question has to be asked: “Why is the Government paying thousands of dollars to former National Party members for advice” and when is independent advice not reliable?

Winston Peters – lazy hypocrite on ferries

Written By: - Date published: 11:33 am, July 11th, 2024 - 15 comments

My ire was raised this morning when I read a pile of PR drivel from acting PM Winston Peters about the Interislander. If he wanted to be useful looking at “critical part of our infrastructure” – then there are number of better things he could usefully do – rather than chasing headlines.

Mountain Tui: The Kiwirail Interislander saga continues

Written By: - Date published: 7:57 am, July 11th, 2024 - 40 comments

Nicola Willis’s decision to cancel the Kiwirail i-Rex contract without a back up plan is coming back to bite. As costs pile up for the taxpayer, we have already lost half a billion dollars, but that won’t be the final bill. And there are still no ferries.

Sham consultation – sham contracting

Written By: - Date published: 10:59 am, July 7th, 2024 - 11 comments

Minister for Workplace Relations and Health & Safety Brooke van Velden hasn’t met with the CTU Te Kauae Kaimahi since November last year. And has announced major proposed changes to workers rights and job conditions.

The implications of UK Labour’s success for NZ Labour

Written By: - Date published: 10:48 am, July 7th, 2024 - 79 comments

What should New Zealand Labour learn from UK Labour’s success in the recent election?

The political centre has moved, someone should tell the strategists.

Written By: - Date published: 9:39 am, July 2nd, 2024 - 13 comments

30 years ago, we had Dot Matrix printers, Windows 95 and brick cell phones. Today we live in a world of AI, Tik Tok and 5G. While technology changes have been embraced, including in political campaigns, strategies and methods to connect with voters seem stuck in the MS-DOSS era.

Government is cutting funding for food banks

Written By: - Date published: 12:29 pm, June 29th, 2024 - 14 comments

Are things back on track? How about for those who can least afford to feed themselves? It appears not with reports that funding for food banks is being slashed. And the consequence could be dire.

Ferry sweary

Written By: - Date published: 9:08 am, June 27th, 2024 - 45 comments

The Government is in a rather precarious position relating to the contract to replace the ageing Cook Straight ferries, which clearly need replacing.

How Northland Became New Zealand’s Deepest Shame

Written By: - Date published: 10:44 am, June 25th, 2024 - 27 comments

Last week Northland had a power pylon simply fall down on a still day. 100,000 properties lost power. Quickly restored, it underscored how vulnerable the Far North is. 

Gotta pay for those tax cuts for landlords somehow

Written By: - Date published: 8:36 am, June 20th, 2024 - 16 comments

What is the lowest most disgraceful thing this Government has done? How about cutting funding for top ups of the wages of disabled workers aimed to get them to the living wage?

Safer streets or unsafer streets?

Written By: - Date published: 9:56 am, June 16th, 2024 - 18 comments

The Government is planning to reverse Labour’s previous policy relating to permanent safe speeds around schools. The change will decrease safety and walking and cycling and increase car use. And the upside is?

Health & safety of workers is apparently about Cones

Written By: - Date published: 11:19 am, June 15th, 2024 - 37 comments

The Government’s latest announcement about worker safety is about business, not people.