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Economy

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

Categories under Economy

Questions for Key

Written By: - Date published: 8:45 am, July 30th, 2013 - 61 comments

Why is it acceptable to his government that, under the current law, Kiwi families can be outbid for Kiwi houses by overseas speculators who have no intention of living here? What good to the New Zealand economy is created by non-resident foreigners buying existing New Zealand houses? In the new sprawl suburbs he wants to create, how many houses being bought by foreign speculators would be acceptable to him?

This gives me heart

Written By: - Date published: 8:12 am, July 30th, 2013 - 61 comments

The Herald is reporting that more that 51% of Kiwis are in favour of giving beneficiaries with kid the Working for Families tax credit.

That’s right, just over half of New Zealanders polled wanted to give beneficiaries more money despite twenty years of active demonisation of beneficiaries by the right.

Jonolism or Journalism?

Written By: - Date published: 7:44 pm, July 29th, 2013 - 50 comments

Patrick Gower’s report on TV3 6pm News tonight, on Labour’s housing for Kiwis policy, shows what is wrong with corporate infotainment TV news.  He gets tonight’s award for Jonolism.  Here’s hoping the Campbell Live tonight will show Gower how it should be done. [Update: Campbell interviews Ferguson]

Democracy needs public service (Freeview)TV

Written By: - Date published: 4:04 pm, July 29th, 2013 - 31 comments

TVNZ U (youth, entertainment Freeview channel) failed commercially & is being shut down.  There is space on Freeview for a public service channel: needed to build democracy. The Coalition for Better Broadcasting may be the entity to lead the way?

The convention economy

Written By: - Date published: 9:36 am, July 29th, 2013 - 14 comments

You know it by now, Key, English, and Joyce have said it often enough – National’s formula for the economy is more mining, selling assets, and convention centres. We’re actually making less money from mining now than 5 years ago. Asset sales have been a predictable failure. But we’ve got 3 new convention centres coming, that’ll bring in the international revenue, eh? Nah.

Contactless cards: capitalism thrives, customers lose

Written By: - Date published: 9:24 pm, July 28th, 2013 - 36 comments

Contactless (“wave and go”) features are becoming a compulsory feature for credit and debit cards.  Hi-tech equipment can pilfer from such cards as people pass by.  Plus other problems.  But, they ensure banks and merchants make more money.

Nothing to hide, nothing to fear?

Written By: - Date published: 8:01 am, July 28th, 2013 - 64 comments

Nicky Hager’s investigative journalism explains why the government uses state surveillance against investigative journalists, academics and political activists.  Jane Kelsey explains why spying is used to prevent legal activities, democratic processes and NZers speaking truth to power.

Poverty Watch 41

Written By: - Date published: 12:31 pm, July 27th, 2013 - 3 comments

Welcome to Poverty Watch, a weekly update on National’s lack of response to the urgent and growing issue of poverty in NZ. This week, the NBR “rich list” and the sick joke of “trickle down” wealth.

Key demeans Korean War veterans

Written By: - Date published: 9:10 am, July 27th, 2013 - 16 comments

The New Zealand veterans of the Korean War got a sharp lesson from John Key yesterday as to what they and their comrades fought and died for: “The South Korean Government is treating New Zealand unfairly, Prime Minister John Key has told Kiwi Korean War veterans as he ramps up pressure for a free trade […]

How National plans to smash collective agreements

Written By: - Date published: 12:00 pm, July 26th, 2013 - 43 comments

Over the coming weeks I’m going to go through each of National’s changes to employment law to show how they will make our workplaces less fair and reduce Kiwis’ pay.

The first is the change allowing the boss to refuse to negotiate a collective agreement.

Beneficiary bashing crocodile tears

Written By: - Date published: 6:59 am, July 26th, 2013 - 144 comments

The Nats have created a beneficiary bashing culture so rigid and so nasty that crazy stuff happens. They cry some crocodile tears about it – but only for cases publicised by the media.

Tale four – the Death of Philip McHardy. Killed 31 August 2011 – struck by a tree

Written By: - Date published: 7:35 pm, July 25th, 2013 - 7 comments

Philip McHardy was killed while working in a pine plantation block in Overton Forest Winton on 31 August 2011.  He worked for Don Contracting and was working in a Southern Forest NZ Ltd managed forest.

A conservative view on low wages.

Written By: - Date published: 11:33 am, July 25th, 2013 - 37 comments

It is a national evil that any class of Her Majesty’s subjects should receive less than a living wage in return for their utmost exertions… where you have what we call sweated trades, you have no organisation, no parity of bargaining, the good employer is undercut by the bad and the bad by the worst; …

A king is born: Long Live Inequality!

Written By: - Date published: 10:54 am, July 25th, 2013 - 87 comments

UK children born on the same day as the new prince will get a silver penny: but their lives will be vastly different.  Left foot Forward spells out the inequalities between these new born.  John Key gushes over the new prince, while his government slashes, burns and fuels inequalities.

Labour stands by 6A

Written By: - Date published: 8:12 am, July 25th, 2013 - 97 comments

The Employment Relations Act Part 6A ensures that jobs are transferred to a new contractor, on the same terms, if a firm is restructured. Naturally the Nats plan to abolish it.

GCSB protest – Auckland tonight

Written By: - Date published: 9:35 am, July 24th, 2013 - 145 comments

To say that the GCSB law changes are misguided is the kindest possible interpretation, but many people including myself tend to view them as being quite malevolent. They aren’t going to provide any more security for citizens and residents here. But they are going to provide more security for incompetents in the security and police forces from both public and legal scrutiny. There are series of protests planned, and one in Auckland tomorrow. Updated – packed.

Turing – so much more …

Written By: - Date published: 4:26 pm, July 23rd, 2013 - 52 comments

Alan Turing may get a pardon from the UK government.  Turing made major contributions to the development of computing and maths, but was also subjected to damaging surveillance, suspicion and dehumanisation because of his sexuality.  Nothing to hide, nothing to fear?  How to promote digital democracy?

Wellington workers

Written By: - Date published: 6:52 am, July 23rd, 2013 - 28 comments

Let’s hope that workers’ rights and safety are protected in the wake of the Wellington quakes.

Big Brother comes to Kindy

Written By: - Date published: 2:10 pm, July 22nd, 2013 - 36 comments

The Nats used to make a career out of faux “nanny state” hysteria. Now they want to ID number and track beneficiaries’ kids in pre-school. Paul Little warns of “the surveillance state that we are becoming”.

Don’t let them be sidelined: Surveillance Bills

Written By: - Date published: 9:03 am, July 22nd, 2013 - 38 comments

Let’s not sideline the GCSB and related surveillance Bills.  It’s about democracy, and against further consolidation of the power of the international, “neoliberal” corporate elites.  Nation wide demos this Saturday; public meeting in Auckland this Thursday evening. Phil Goff resists, but bends a little too far. [Update]  Protest poster

Fairness at work and a living wage

Written By: - Date published: 11:57 am, July 21st, 2013 - 8 comments

fairness-at-work-thumb-3The Government has been warned that the Employment Relations Amendment Bill is likely to breach ILO conventions.  Bridges has responded by saying that the breaches “may not be significant”.  Why is it that the Government gets all hard core when dealing with beneficiaries legal obligations but is so casual when it deals with its own obligations?

Poverty Watch 40

Written By: - Date published: 9:09 am, July 20th, 2013 - 10 comments

Welcome to Poverty Watch, a weekly update on National’s lack of response to the urgent and growing issue of poverty in NZ. This week, poverty and educational outcomes.

Inequality: Fallow vs Rashbrooke

Written By: - Date published: 7:44 am, July 20th, 2013 - 139 comments

Yesterday The Herald ran two pieces on the latest Ministry of Social Development’s report on household income. They have very different conclusions – Brian Fallow’s Rising inequality largely a myth and Max Rashbrooke’s Rich get richer. The poor? Have a guess.  So who’s right?

Outsourcing: Scamming the system

Written By: - Date published: 9:32 am, July 19th, 2013 - 23 comments

A new report on the UK government’s outsourcing of public sector work is damning. Necessary and basic work to fulfill individual and social needs, (eg social security, unemployment, health care, education) is being “gamed” and scammed by monopolistic private contractors. Key’s government favours outsourcing to private profiteers.

The benefit fraud card

Written By: - Date published: 2:21 pm, July 18th, 2013 - 107 comments

tax evasion vs benefit fraud

Even Treasury slammed SkyCity stitch up

Written By: - Date published: 7:43 am, July 18th, 2013 - 58 comments

Yesterday, National released hundreds of pages of documents on the SkyCity deal. They paint the picture of a government that locked itself politically into getting a deal and locked in SkyCity as the only option then was surprised when SkyCIty screwed them for everything it could get. Even the far from bleeding hearts at Treasury said it wasn’t worth the cost.

Sick bastards

Written By: - Date published: 7:07 am, July 18th, 2013 - 69 comments

The Nats resent every cent spent on welfare. They want our consent to keep “culling” people off it as fast as they can. They hope that they can get our consent by re-framing New Zealand’s social safety-net as – quite literally – a dangerous addiction. It is a ludicrous framing, equivalent to blaming the bandage for the wound.

Tale Three – the Death of Sean Mortensen. Killed 20 January 2010

Written By: - Date published: 5:01 pm, July 17th, 2013 - 16 comments

Sean Mortensen was killed at Robin Hood Bay, Port Underwood in Marlborough.  He was 34  years old.  He worked for Pelorus Contracting Ltd and was in a forest managed by Merrill and Ring Ltd.

The truth makes them angry

Written By: - Date published: 8:37 am, July 17th, 2013 - 59 comments

A visiting Professor of Economics says he was bullied by Bill English when they met between their respective Q+A interviews. His crime was to point out that National are governing for the rich. Seems English can’t handle the truth.

John Key, Crosby & corporate lobbyists

Written By: - Date published: 10:26 am, July 16th, 2013 - 40 comments

Joining the dots: David Cameron is under fire for his links with lobbyists for big tobacco & big oil, via his link with Lynton Crosby.  John Key, with links to Crosby Textor, has also bowed to big tobacco. Networks of Influence.

War on social security: demonisation of beneficiaries

Written By: - Date published: 7:57 am, July 15th, 2013 - 275 comments

Sweeping changes to NZ’s Social Security system begin today.  This is a major shift from the the 1938 Social Security Act: a shift from support of those in need, to treating them as potential criminals, self-serving addicts, and malingerers. Shame on John Key & Paula Bennett! [Update: RNZ & BAF & AAAP]