Posts on the economy, work, business, income, and labour
Written By: - Date published: 12:31 pm, April 22nd, 2013 - 18 comments
Aotearoa is Not for Sale is counting down to the National Day of Action this Saturday 27 April. Some people have explained why they will be joining the Day of Action on Saturday. Why do you support action against asset sales? What are the alternatives? [Updated: details of actions around NZ]
Written By: - Date published: 10:15 am, April 22nd, 2013 - 8 comments
The draft Auckland Unitary Plan is massive and complex. The Auckland Transport Blog helps in untangling issues around intensification vs sprawl. The government & some right wing councillors want sprawl & to delay implementation. The Akl Council website has some cool videos visualising the planned developments. And social housing?
Written By: - Date published: 8:29 am, April 22nd, 2013 - 16 comments
Can there be a greater sign of the threat that National sees in NZ Power than the fact they have put out 5 press releases condemning it in 4 days? I bet Key spends his Monday media round attacking it too. National knows they’re on to a hiding – they’re defending excessive profits over lower power prices for people. But they’re ideological bound to reject the solution.
Written By: - Date published: 7:30 am, April 22nd, 2013 - 82 comments
Why are National and the Right pitching a fit at the prospect of the Crown and foreign institutions losing superprofits when that’s the price of households and businesses getting lower power prices? Real businesses are looking forward to paying less for power but National says ‘stuff them, we’re looking out for the Crown’s stealth tax and Origin Energy’s profits’.
Written By: - Date published: 7:34 pm, April 21st, 2013 - 21 comments
Being a good employer takes a collective effort. Being nice, inquiring about the kids and genuinely taking an interest in your employees is good but does not a good employer make. Good employers are a result of what the business model allows them to do, and with the levers in NZ all set around price […]
Written By: - Date published: 8:19 am, April 21st, 2013 - 123 comments
The Key government and its allies are playing the “red scare” gambit, the Greens get to the heart of the reason for NZ Power, Parker goes Third Way, while Bernard Hickey and Matt McCarten weigh in to support the (alleged) “socialist” NZ Power policy. Bomber Bradbury adds some words of caution. [updated title]
Written By: - Date published: 1:22 pm, April 20th, 2013 - 44 comments
Sean Plunket’s piece on NZ Power wasn’t quite what I expected. After invoking the usual grim vision of the 1970s (although I swear I detected a slight wistful nostalgia) he breaks out the following conclusion…
Written By: - Date published: 9:06 am, April 20th, 2013 - 36 comments
The Green/Labour NZ Power announcement is a clear warning to the owners of electricity companies that their days of rentier profits are coming to an end. Joyce cries for the declining value of their shares but that fall tells us that the market thinks Labour and the Greens will govern, NZ Power will work, and it will knock hundreds of millions off power bills.
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: 7:06 am, April 20th, 2013 - 6 comments
Given the drama surrounding the Labour / Green electricity policy it seems appropriate for this week’s Poverty Watch to explore the topic of fuel poverty in NZ. It’s a killer, and it’s long past time that something was done.
Written By: - Date published: 8:19 pm, April 19th, 2013 - 33 comments
John Key says that the Labour-Green Power policy is “barking mad” and will take people back to the power cuts of the 1970s. Another John Key brainfade, or just being “clueless”? I look at power cuts and fuel poverty since the 1990s.
Written By: - Date published: 11:00 am, April 19th, 2013 - 9 comments
Pike River found guilty of breaches of health and safety, leading to the death of of 29 miners. The CTU is calling for law changes to make company directors responsible for their company’s negligence. And the NZ MSM coverage of the catastrophe immediately after it happened?
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: 10:09 am, April 19th, 2013 - 16 comments
National, far from being their idealised “low tax party” are in fact the “stealth tax party”. While they’ve lowered the top rate of tax and the company rate, helping out the wealthiest, there has been regressive tax after regressive tax increase on the smaller hidden things.
Written By: - Date published: 7:33 am, April 19th, 2013 - 347 comments
National’s reaction to the Labour/Greens NZ Power announcement was telling. They panicked. There was no genuine critique, just ‘won’t someone think of the shareholders’. The funniest bit was when National tried to say that it is a North Korean idea. In truth, it’s South Korea that has a Single Buyer like NZ Power. And their power prices have fallen while ours have risen.
Written By: - Date published: 7:43 pm, April 18th, 2013 - 54 comments
The NZ Power policy is the most significant break from the neoliberal political consensus we’ve seen for a long time.
Which is why it’s likely to draw a lot of fire from the elite. Let make sure there’s a lot of push back.
Written By: - Date published: 12:30 pm, April 18th, 2013 - 42 comments
The current direction of Key’s government, and the challenging circumstances of the 21st century create a need for urgent attention to the form of a new left politics; one that embraces the working class, trade union solidarity, gender, diversity & the emerging “precariat”.
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: 9:26 am, April 18th, 2013 - 51 comments
This government is tough on welfare cheats and soft on tax cheats, and they shouldn’t bother trying to pretend otherwise.
Written By: - Date published: 6:31 pm, April 17th, 2013 - 20 comments
As expected David Clark’s private member’s bill to “Mondayise” holidays passed its final reading this evening. The vote was 61 to 60 with National and ACT voting against.
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: 7:48 am, April 17th, 2013 - 78 comments
Spooked by tomorrow’s joint announcement by Labour and the Greens on policy to cut power prices, National is trying to claim they have solved the problem. Get real. In the past year, household electricity prices rose an average of 5%, that’s over six times the rate of general inflation. By my reckoning, the average power bill has risen 16%, or about $300 a year under Key.
Written By: - Date published: 2:15 pm, April 16th, 2013 - 48 comments
The Greens and Labour are planning a joint announcement on their policies on power prices. Both parties want to bring down costs of electricity. The policies of the two parties will also have some differences. How will it mesh with Green Party policies on sustainability?
Written By: - Date published: 2:14 pm, April 16th, 2013 - 1 comment
Tomorrow Mana’s Feed the Kids campaign is running a Big Breakfast event to feed 2000 kids. Contact the organiser if you can help.
Written By: - Date published: 12:21 pm, April 16th, 2013 - 59 comments
A joint Labour / Green announcement on plans for the electricity sector will be made on Thursday. My prediction is that the plan will be bold.
Written By: - Date published: 10:08 am, April 16th, 2013 - 23 comments
Telecom’s $1.3 million a year CEO has announced a pay freeze. Says workers who don’t like it should quit. The rich fuck’s already sacked a thousand workers, now he thinks he can dictate the terms of employment contracts. I’ve got news for you, arsehole. Employment contracts are bargains between worker and employer, not diktats from rich dickheads.
Written By: - Date published: 6:17 am, April 16th, 2013 - 44 comments
The Nats have spent $48.7 Million of our money “preparing” Mighty River Power for sale, and they couldn’t even get the very basics right.
Written By: - Date published: 6:13 pm, April 15th, 2013 - 42 comments
Key has announced changes to the GCSB roles that will include assisting business and the police in spying against Kiwis. it is anti-democratic, and will increase lack of accountability of the intelligence and crime fighting services.
Written By: - Date published: 6:08 pm, April 15th, 2013 - 8 comments
It was announced today that Government-owned Orcon was sold off last Friday.
Written By: - Date published: 1:47 pm, April 15th, 2013 - 33 comments
Dotcom has promised some significant revelations from this week’s court proceedings. This morning his lawyer focused on Grant Wormald, the role of the police Special Tactics Group, and the truth. Is the GCSB is off the hook? Meanwhile, Key has been claiming he is “honest and upfront”. [Update – Key’s announced changes to the GCSB outrageous & undemocratic]
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