Posts on the economy, work, business, income, and labour
Written By: - Date published: 6:46 am, April 15th, 2013 - 104 comments
Labour’s put out a release saying power prices are too high and “signalling that the future Labour Government will make changes to the sector so that New Zealanders considering purchasing shares in Mighty River Power, which go on sale tomorrow, are aware of that before investing”. In other words, ‘we’re gonna cut power prices, and the electricity companies’ profits will be hit’.
Written By: - Date published: 10:31 am, April 14th, 2013 - 84 comments
The Court Martial of Flight Lieutenant Dan Pezaro by the NZ Defence Force is making me uneasy. The internal Court of Inquiry into this accident hinted at major disfunction within the upper reaches of the Forces in terms of health and safety. On my reading of that report, the RNZAF itself could be liable in […]
Written By: - Date published: 8:45 am, April 14th, 2013 - 57 comments
John Key is into networking and schmoozing with the wealthy & influential. He’s given special attention to the entertainment industries, GCSB, intellectual property & commerce. He crossed paths with Warner’s people the year before the Hobbit dispute, but never played golf with Dotcom.
Written By: - Date published: 3:39 pm, April 13th, 2013 - 48 comments
I must have missed the memo on the beneficiary dress code.
Written By: - Date published: 11:53 am, April 13th, 2013 - 34 comments
Have you noticed that we have very few visits from leaders of major countries to NZ these days? I was thinking about that watching Key give himself ’10 out of 10′ for his trip to China and reading Audrey Young’s piece, which basically asks ‘what was all that in aid of?’ Key’s junkets always seem to be ‘goodwill’ visits with no real goals or diplomatic outcomes.
Written By: - Date published: 9:32 am, April 13th, 2013 - 125 comments
It seems that 3D Printing is really starting to mature. Such printers are becoming smaller, cheaper and more capable. It’s only a matter of time before builders become obsolete. A lot can be done with the diffuse energy of the sun. Although it has a ways to go 3D printing is the next level in manufacturing.
Written By: - Date published: 8:27 am, April 13th, 2013 - 12 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 current news a new UNICEF report stresses the huge impact that the choices of governments can have on poverty. Our government quite literally does not want to know…
Written By: - Date published: 9:44 am, April 12th, 2013 - 27 comments
John Key’s government has been gradually dismantling NZ’s democratic processes. Various activities this week are a major part of a frightening shift: a Bill enabling mining conservation land; punitive social security Act; Key’s control over NZ’s “intelligence community”.
Written By: - Date published: 7:56 am, April 12th, 2013 - 134 comments
National’s 3 quarters of the way through its time at the crease now. And what has it achieved? A record debt pile. 300,000 jobless. 100,000 underemployed. Rising poverty. 1,000 a week fleeing to Australia. A new housing bubble. A record high dollar that’s killing our businesses. And falling household incomes. A list of articles on Stuff sums it up.
Written By: - Date published: 6:29 am, April 12th, 2013 - 4 comments
The Wellington City Council has agreed to a review of the outsourcing.
But that review needs to be independent.
Written By: - Date published: 4:34 pm, April 11th, 2013 - 20 comments
The government doesn’t measure child poverty, so has no way to tell if it is getting better or worse. Hilarious right? Paula Bennett certainly thinks so. “Gosh!”
Written By: - Date published: 11:36 am, April 11th, 2013 - 77 comments
The PM, Fletcher, the GCSB – questions need answering: why, when, where, who? It’s all about intellectual property, global commerce and international networks. From London to Aus 2009, to NZ 2010, then down the rabbit hole to Dotcom, Hobbits & uncertain links with complex global money mazes.
Written By: - Date published: 9:58 am, April 10th, 2013 - 91 comments
Labour’s Clayton Cosgrove reveals that when selling Mighty River Power shares, brokers will get twice the commission for selling to a foreign buyer. This will send ownership overseas and drive up prices for Kiwis.
Written By: - Date published: 9:05 am, April 10th, 2013 - 18 comments
Yesterday more planks in the NAct raft amounting to major changes, were before the House. These undermine democracy, fairness, the security and rights of individuals, and increase hardship for those on low incomes. Ardern on Social Security. Cunliffe on child support, privacy breaches & trust.
Written By: - Date published: 9:40 am, April 9th, 2013 - 37 comments
Any day now the Government will announce more changes to the Employment Relations Act. These changes will drive down wages and undermine the conditions of all workers. They will also remove the small amount of protection most cleaners and hospitality workers get when the business they are working for loses a contract to another contractor. […]
Written By: - Date published: 9:03 am, April 9th, 2013 - 314 comments
… for her major contribution to my political education: of the need to combat the extensive, destructive power of the “neoliberal” elites. I lived in London during the entire time Thatcher was prime minister. It was a time of major change; of political activism; of hope; of disillusionment.
Written By: - Date published: 11:28 am, April 7th, 2013 - 32 comments
The Nats’ youth rate wages (“for when the ‘minimum’ wage just isn’t low enough”) come in to effect next month. Some of the big youth employers are making their intentions known. You may wish to vote with your wallet.
Written By: - Date published: 8:03 am, April 7th, 2013 - 107 comments
Today a Nicky Hager article puts Kiwis are at the centre of the global money maze exposed by the International Consortium of Investigative Journalists. He traces developments after Wine Box, the involvement of lawyers (including one ACT-aligned blogger), and some BNZ & ANZ staff… and more.
Written By: - Date published: 8:46 am, April 6th, 2013 - 21 comments
Congratulations to Duncan Campbell, Nicky Hager, et al involved in the International Consortium of Investigative Journalists for doing such a great job on the Gobal Offshore Money Maze. The maze includes NZ & Aussie. The investigation used sophisticated digital technologies.
Written By: - Date published: 8:22 am, April 6th, 2013 - 8 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 Comissioner, and in current news a World Bank report on eradicating extreme poverty by 2030.
Written By: - Date published: 8:26 am, April 5th, 2013 - 46 comments
Yesterday Wellington Mayor Celia Wade-Brown cast her vote for the first stage of out-sourcing to continue with the result that the street cleaning and gardening work has been outsourced.
That’s 27 jobs gone.
Written By: - Date published: 1:09 pm, April 4th, 2013 - 24 comments
Ryall has announced that Might River Power top brass will be receiving massive pay rises, in relation to the sale of the powercos. The directors have multiple positions, and questions have been raise about the past of one or two of them. They benefit; we pay.
Written By: - Date published: 6:32 am, April 4th, 2013 - 106 comments
Hard to believe, but despite having a Green Party mayor the Wellington City Council is about to outsource work currently done by council staff. We all know what that means – redundancies, longer hours, poorer safety standards and ultimately lower pay for workers as contractors screw down wages in a bid to undercut each other […]
Written By: - Date published: 5:14 pm, April 3rd, 2013 - 89 comments
Key & Rennie say Ian Fletcher was the most suitable candidate to head the GCSB? His CV includes working on intellectual property, globalisation and free trade, & was private secretary to the Blair minister who fudged the legal advice on attacking Iraq.
Written By: - Date published: 10:32 am, April 3rd, 2013 - 15 comments
Analysts are apparently ‘not worried’ about the impact of the increasingly likely-looking closure of Tiwai Point on the price of electricity and, hence, on the value of the assets National is trying to hock. A 12% reduction is all one analyst sees in Mighty River’s price is Meridian floods the market with some of the cheapest power going. The analysts have missed the politics.
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: 8:35 am, April 2nd, 2013 - 19 comments
Sometimes, I wonder where Granny Herald gets her crack from. It’s clearly strong stuff. Like when she runs an editorial soundly condemning an opposition MP for doing something that the same editorial admits is justified. Today, Cunliffe gets an earful for daring to suggest that IT multi-nationals are ripping us off.
Written By: - Date published: 7:04 am, April 2nd, 2013 - 90 comments
As you know, the Right says more money incentivises harder work. John Key felt he wasn’t working very hard when he first became PM on a net $250,000 a year, so he gave himself tax cuts and pay rises worth $100 a day. Just look at the results! But I’m confused: why’s he cutting our pay with youth wages, higher Kiwisaver, and higher student loan repayments?
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.
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