Posts on the economy, work, business, income, and labour
Written By: - Date published: 7:58 am, May 1st, 2013 - 64 comments
The Nats have chosen International Workers’ Day as the day that legislation allowing employers to slash youth wages takes effect. According to the Same Work Same Pay campaign “Youth rates failed to create jobs in 1990 when youth unemployment reached an all time high” and “the burden of the Government’s failure to drive job growth is now being put on young people”. Protest action is planned.
Written By: - Date published: 6:48 am, May 1st, 2013 - 35 comments
A couple of people have questioned this series of posts outing the financial interests of supposedly ‘independent’ commentators who are coming out against the Green/Labour plan to lower power prices. ‘Everyone has links to everyone in New Zealand’. Maybe so, but not everyone is paid by the people whose interests they’re protecting while pretending to be independent in the msm.
Written By: - Date published: 9:36 pm, April 30th, 2013 - 116 comments
The Independent Taskforce on Workplace Safety finds the New Zealand workplace health and safety system is “not fit for purpose” and is an indictment of employer self-regulation. An average of 100 people die each year in New Zealand, and the Taskforce thinks National’s target of reducing workplace deaths by 25% by 2020 is modest – I think it means the government still doesn’t get it. One death at work is one too many – zero tolerance should be the policy.
Written By: - Date published: 11:03 am, April 30th, 2013 - 46 comments
Hot on the heels of electricity industry funded Lewis Evans publishing an op-ed about how terrible NZ Power is, another academic has popped up to claim the policy is the end of the world.
Written By: - Date published: 9:33 am, April 30th, 2013 - 21 comments
An Advantage New Zealand conference at SkyCity is the centre of major PR for John Key-backed, big oil exploration in NZ. While promoting and backing each others’ destructive profiteering, and endangering NZ’s environment, they are nurturing their networks of influence over expensive dinners and on the golf course.
Written By: - Date published: 7:22 am, April 30th, 2013 - 43 comments
Lewis Evans had an op-ed in the Dompost yesterday. It attacked NZ Power in confused terms. Evans claimed, for instance, that all the savings from lower costs would come from lower dividends to the Government, when a moment’s thought shows you that’s not true and will be even less true after the asset sales. The disclosure statement at the end of Evans’ op-ed doesn’t mention Contact and Meridian pay him.
Written By: - Date published: 2:48 pm, April 29th, 2013 - 26 comments
I/S at No Right Turn on the Nats’ excuses and choices as they oppose the extension of paid parental leave.
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: 9:15 am, April 29th, 2013 - 15 comments
National and their proxies have claimed that Labour / Green NZ Power announcement has crashed the stock market and wiped out savings. Lies lies lies. Here’s the data.
Written By: - Date published: 7:32 am, April 29th, 2013 - 52 comments
John Key has committed to giving up the National Party’s leadership if he loses the next election. That didn’t stop him from committing the next National Government from reversing NZ Power and putting up electricity prices whenever it comes to power . It got me thinking about the people who are so keen to kill NZ Power in its cradle and why. Today: MRP CEO Doug Heffernan.
Written By: - Date published: 8:32 pm, April 28th, 2013 - 40 comments
Former banker Bruce Wills and current head of Federated Farmers has joined the chorus attacking NZPower. Given the tired old arguments he raises, it would be interesting to know if his farmer members would rather have lower power prices, or banker Bruce as their spokesman.
Written By: - Date published: 11:00 am, April 27th, 2013 - 123 comments
Aotearoa is Not for Sale is counting down to the National Day of Action this Saturday 27 April. Now is the time to support NZ (People) Power & say there are alternatives. Get your banners & placards ready, polish up your chants and slogans, and get ready to make some noise. [Update: added poster][Updated posting time to move it to the top today] Update – AKL photos]
Written By: - Date published: 9:36 am, April 27th, 2013 - 2 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 we continue with the 2012 report from the Office of the Children’s Commissioner. In recent news the effects of the welfare cuts are showing up, and rheumatic fever is on the rise…
Written By: - Date published: 8:39 am, April 27th, 2013 - 42 comments
A year ago the nats announced massive changes to employment law. And then they went quiet.
Now with a new Minister of Labour they’ve decided it’s time to move.
Written By: - Date published: 8:32 am, April 27th, 2013 - 5 comments
Key said “we would love to see wages drop”. Sure enough National’s anti-worker employment Bill is designed to have that effect, as stated in a Cabinet briefing paper.
Written By: - Date published: 10:09 pm, April 26th, 2013 - 28 comments
National’s Labour laws announced today have new sanctions on workers’ strikes: parties will have to provide notice of a strike, and employers will have a new right to fine workers for “partial strikes.” Also today the Herald’s Insider reports business reaction to Labour’s NZPower and invokes the threat of capital strike, posed as a threat to an elected government’s right to govern. If Simon Bridges wants to see fairness, then capital strikes by business should surely face the same constraints as worker strikes.
Written By: - Date published: 12:15 pm, April 26th, 2013 - 139 comments
The changes announced today to employment law represent the most serious attack on the rights of working people to a fair go since 1991. As I wrote on this blog that the Bill will reduce the Employment Relations Act to a farce and the result will be wages are driven down and employment agreements broken […]
Written By: - Date published: 11:29 am, April 26th, 2013 - 18 comments
In his meetings with Ian Fletcher, Key’s main aims and activities are hidden in plain sight. They connect with US-led initiatives around digital copyright, intellectual property and commerce. Recently there have been some worrying developments in the bigger picture: GCSB, ACTA, TPPA, SOPA, CISPA.
Written By: - Date published: 9:30 am, April 26th, 2013 - 21 comments
Today’s anonymous Dominion Post editorial points to the beginning of John Key’s fall from grace. It centres on Key’s personal qualities, continues to support the MSM’s support of personality politics, glosses over the serious issues masked by Key’s (alleged) amnesia, and uses a false equivalence with Helen Clark.
Written By: - Date published: 12:09 pm, April 25th, 2013 - 6 comments
A Jackson PR video promoting NZ scenery as a beautiful backdrop for the Hobbit & tourism; a Campbell Live video on a Dannevirke protest against Big Oil exploiting their area; an anti-fracking Canadian team filming in NZ.
Written By: - Date published: 11:22 am, April 25th, 2013 - 23 comments
Relevant in so many ways to current events in NZ, here are extracts from an excellent article by George Monbiot. Read the full piece in The Guardian or at monbiot.com.
Written By: - Date published: 8:23 am, April 24th, 2013 - 90 comments
There were a number of meetings between Key and Ian Fletcher prior to Fletcher’s appointment as GCSB boss. Key tried to cover up his cronyism, and preoccupation with undemocratic shifts in the government’s control of the GCSB, and its focus on intellectual property & commerce.
Written By: - Date published: 7:10 am, April 24th, 2013 - 37 comments
I’m not surprised that the finance crew are so upset about the gently social democratic policy that is NZ Power (the latest stupid claim is that it’ll mean higher mortgages). But what is surprising is the way in which they’ve made it very clear that they believe the economy should be geared toward the wealthy elite
Written By: - Date published: 9:02 pm, April 23rd, 2013 - 26 comments
Brokers and analysts, you’ve nothing to lose but your fees. (although there’s already been $200million from the taxpayer). Now Steven Joyce has turned to the axe-grinders for support. There couldn’t be a clearer indication that Joyce and National are on the side of investors with money to burn, while Labour and the Greens with are on the side of the consumers who worry about turning on the heater.
Written By: - Date published: 7:42 pm, April 23rd, 2013 - 13 comments
The film, Housing in New Zealand (1945) on youtube, shows how the Public Works Department built state houses for all who needed them. The authorities seemed Brit-defined, supply of resources & land seemed unlimited. But can we fulfill 21st century needs with similar political will?!
Written By: - Date published: 12:54 pm, April 23rd, 2013 - 185 comments
Which is really the party of “economic sabotage”?
Written By: - Date published: 8:50 am, April 23rd, 2013 - 29 comments
Eddie explored yesterday who stands to lose from falling asset values in electricity companies resulting from lower power prices. The answer: the Crown and foreign investors. Now, JBWere has estimated those book value losses at up tp $1.4b for Contact and Trustpower, meaning $4b all up. But, despite the cries from the Right, that doesn’t mean wealth is being lost, it’s moving.
Written By: - Date published: 7:44 am, April 23rd, 2013 - 27 comments
So, John Key, Bill English, and Steven Joyce are now devoting all their energy into trying to stop the asset sales programme collapsing after the Greens and Labour gave notice the excessive profits are going to end, and National confirmed they’re for real by suspending the sale. While the government’s wasting its effort on that, real families are suffering.
Written By: - Date published: 7:30 pm, April 22nd, 2013 - 16 comments
New Zealand’s energy pricing over the last twenty years was thoroughly canvassed by Dr Geoff Bertram last year in a paper presented to the Fabian Society as part of its “Light-handed Regulation” series. In the light of the Labour/Greens’ announcement last week about NZ Power his paper is well worth a read.
Written By: - Date published: 5:19 pm, April 22nd, 2013 - 36 comments
The government announced about an hour ago, that it has suspended the share offer for Mighty River Power until tomorrow, while it devises a supplementary disclosure in the light of the Labour-Green NZ Power policy.
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