Posts on the economy, work, business, income, and labour
Written By: - Date published: 7:28 am, May 12th, 2011 - 23 comments
The media is claiming Kiwisaver cuts will be offset by increased worker and employer contributions.
But because of a loophole in the scheme National created in 2009, employers can simply take their “contribution” out of their workers’ wages.
No wonder business lobby groups are unconcerned by the move.
Written By: - Date published: 6:30 am, May 12th, 2011 - 77 comments
John Key is whinging about how labour isn’t focusing on the “big issues”
But he and his government have been avoiding the big issues for years.
That’s not surprising given how badly they do on these big issues. But it’s still pitiful to see them whinging about it.
Written By: - Date published: 4:53 pm, May 11th, 2011 - 56 comments
Key’s pre-budget speech was hugely uninspiring and mis-leading.
Cunliffe rips his claims apart.
Written By: - Date published: 7:44 am, May 11th, 2011 - 49 comments
The Nats have run this country into the ground and say there’s no option but to slash Kiwisaver. The actual cuts they announce will be less than foreshadowed, and we will then be expected to be grateful. It’s the Nats’ old trick. But the reality is there’s no need for Kiwisaver cuts at all. Not while the rich keep the tax cuts National gave them.
Written By: - Date published: 6:32 am, May 10th, 2011 - 81 comments
John Key has confirmed he intends to slash Kiwisaver to the bone by cutting the up to $1040 a year government contribution you get as a member. Of course, this is the savings budget according to National’s spin. They’re going to ‘encourage’ savings by taking that money from Kiwisaver and giving it to rich individual savers. It’s just more class war.
Written By: - Date published: 6:58 am, May 9th, 2011 - 124 comments
An Australian report sets out some common myths about beneficiaries, and the facts that disprove them. I have no doubt that a similar pattern of unjustified myths would be found here. Starting with our PM.
Written By: - Date published: 8:53 am, May 8th, 2011 - 62 comments
George Monbiot on the psychology of political debate (and why we’re all screwed).
Written By: - Date published: 9:11 pm, May 7th, 2011 - 26 comments
The National Government has relaxed the rules for so-called business migrants, those who can get easy access to a passport by investing in New Zealand. The Minister is proud that the scheme has now raised $562 million. He says it is part of the government’s economic growth programme.
Written By: - Date published: 12:00 pm, May 5th, 2011 - 14 comments
It’s not often that the Nats do anything praiseworthy, so I like to take note when they get it right. Their new youth jobs scheme, even though it only partially reverses their previous cuts, is at least a step in the right direction.
Written By: - Date published: 10:30 am, May 5th, 2011 - 23 comments
Since Paula Redstock was pushed out of the Commerce Commission with a lot of the other brilliant staff, there has not been one cartel or monopoly abuse case prosecuted by the Commerce Commission. This is the very same Commission that was previously saving us millions of dollars each year and paying for itself with its court settlements.
Written By: - Date published: 8:53 pm, May 4th, 2011 - 218 comments
Righto. I’ve just watched the debate between Harawira and Brash on Close Up and about five minutes fifty into the second part Brash had the gall to challenge Harawira on whether he believed everyone should have the same rights.
Written By: - Date published: 2:54 pm, May 3rd, 2011 - 18 comments
NZ’s doctor’s organisation is prescribing a healthier society: putting kids first, reduced income inequality (higher minimum income), investment in skills and education, and equity, not equality in our social services – helping most those with the greatest need. Take note Don, John.
Written By: - Date published: 7:10 am, May 2nd, 2011 - 65 comments
You’re the ruling government. Which do you choose, tax cuts for 47 millionaires or salaries for 121 new teachers? It’s not a hypothetical question…
Written By: - Date published: 7:50 am, May 1st, 2011 - 35 comments
How do we improve a society’s happiness most effectively? By lifting the poor out of poverty. By increasing wealth where we get more happiness bang for our income buck, and reducing the disparity between rich and poor. So why are we currently moving in the opposite direction?
Written By: - Date published: 9:30 am, April 28th, 2011 - 6 comments
Morgan Godfery at Maui Street blog is reporting that the police are preparing to raid Te Whanau a Apanui for protesting against the Petrobas geological survey. The police have to be crazy to think that they can do another raid like the one in 2007. What are they looking for this time? More 0.22″ rounds?
Written By: - Date published: 4:04 pm, April 27th, 2011 - 21 comments
“Make The Politician Work” is a new “reality” series from TVNZ, with its first episode on Easter Sunday. I don’t particularly like the premise, as the vast majority of our politicians work very hard. But despite that, and the shonky reality stylings, the first episode with Paula Bennett was most enlightening. Bennett, about to help […]
Written By: - Date published: 7:33 am, April 27th, 2011 - 7 comments
The same scenario of tax cuts, national debt, and public spending cuts is being played out in New Zealand, Britain and the USA. Here’s the right wing argument in a nutshell…
Written By: - Date published: 7:01 pm, April 24th, 2011 - 30 comments
I got involved in marketing through my business and was a firm believer. I spent tens of thousands of dollars on marketing, advertising and training as most companies do; but in the end it felt like I was selling my soul and I quit the system. So much effort is expended trying to sell something to people that they either couldn’t afford or didn’t need.
Written By: - Date published: 9:58 am, April 24th, 2011 - 34 comments
How much of the “news” that we consume and the “research” that it is based on is bought, paid for, and subservient to, corporate masters? Recently, for example, Greenpeace has uncovered an attempt by BP to direct research relating to the gulf oil spill…
Written By: - Date published: 12:58 pm, April 23rd, 2011 - 36 comments
The cult of management holds that individual shareholders, managers or directors are the main contributors to the success of a corporation, and thence the economy. And deserve the greatest share of the rewards. The jobs and income of all other employees and State servants is a generous charitable gift from these people. It’s a bunch of crap.
Written By: - Date published: 6:00 pm, April 22nd, 2011 - 14 comments
Buckingham Palace cleaners aren’t even paid the London living wage while the British taxpayer will have to pay for the royal wedding cleanup. That’s one reason why I’m a republican. The Globe and Mail reports: “The cost of cleaning the streets of Westminster the day before the wedding is estimated by the council at $83,000.”
Written By: - Date published: 9:32 am, April 22nd, 2011 - 64 comments
In 2008 John Key attacked the Labour government on high prices and low wages.
In 2011 he’s telling us the government can’t help.
So what’s changed?
Written By: - Date published: 8:20 am, April 22nd, 2011 - 69 comments
Turns out the teachers have been right all along. Family wealth is the overwhelming predictor of educational outcome. That means there are no quick fixes. The best way to improve educational outcomes is to improve the incomes of the poor.
Written By: - Date published: 12:01 pm, April 21st, 2011 - 19 comments
The Nats’ attack on early childhood education (ECE) is starting to bite. As surely as night follows day, the cuts in funding for childcare centres are showing up as increased costs for parents.
Written By: - Date published: 9:00 am, April 21st, 2011 - 32 comments
Expansionary austerity is the idea that cutbacks in government spending can stimulate economic growth. Empirical evidence shows that it doesn’t work. Current experience shows that it’s not working in Britain, and it isn’t working here. Like “trickle down economics” this favourite of the political Right is not so much a theory as a deluded fantasy.
Written By: - Date published: 10:03 pm, April 20th, 2011 - 77 comments
National Party blogger David Farrar is whining about the “politics of envy”.
He seems to think we shouldn’t be mean to Key because he’s rich and making us poor.
Cry me a river.
Written By: - Date published: 7:01 am, April 20th, 2011 - 108 comments
John Key says that the government can’t help Kiwis who are struggling with rapidly rising costs. Rubbish. There’s plenty that they could be doing. If they wanted to…
Written By: - Date published: 1:00 pm, April 19th, 2011 - 10 comments
Michael Bott takes John Key to task for his claims over the South Canterbury Finance debacle. Key and English have tried to blame Labour for the deposit guarantee that covered SCF. But the truth is that National extended SCF’s coverage under the scheme again and again, despite knowing that SCF was in breach of the rules.
Written By: - Date published: 7:05 am, April 19th, 2011 - 61 comments
The Kea “Census” of expat Kiwis is under way. Unfortunately it coincides with government plans for a Crackdown on student loan repayments. Instead of chasing our expats for an entirely hypothetical return, we should be reaching out to them, embracing them, making them welcome back home.
Written By: - Date published: 12:50 pm, April 18th, 2011 - 11 comments
Back in October last year the Nats, in a sea of bad news on the economy, latched on to the low inflation rate as something that they could claim “credit” for. No doubt they will now be just as ready to accept blame for the worst inflation rate in 20 years. Almost half of this figure is driven by the Nats’ GST increase…
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