Economy

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

Local Government: crucial and undervalued

Written By: nickkelly
Date published: - 4 comments

On the day of the council vote, we organised for the effected Citi-Ops workers to sit in the public gallery in the Council rooms wearing their High Viz’s and work gear. I was one of three speakers for the union, expressing opposition to axing these jobs. The Council debated the issue for about 30 minutes. Those councillors in favour of making the workers redundant argued that they should not interfere with management decisions. Those against the decision felt that management did not have the mandate to make this decision. The vote ended up being 7-7, so Green Party Mayor Celia Wade-Brown used her casting vote to uphold management’s decision to outsource these workers jobs. The Citi Operations staff were sitting in the room, so Celia and the councillors were looking at these workers as they made them redundant.

Requiem for a smelter

Written By: lprent
Date published: - 53 comments

New Zealand was always a odd place to have a aluminium smelter. Untapped hydroelectricity capacity at the bottom of the world. But thousands of kilometers from raw material sources. Tens of thousands of kilometers from the major markets. Now our ever rising electricity prices show that we really need that 13% of power in our electricity market rather than making aluminium. 

Walkergate: MP Quits

Written By: te reo putake
Date published: - 65 comments

Privacy breaching MP Hamish Walker has announced he will step down at the next election. But who else should go?

Update: Muller tries to divert attention by announcing that National still want a 4 lane highway from Chch to Ashburton. Problem solved!

National’s dilemma – business as usual is failing them.

Written By: lprent
Date published: - 99 comments

Audrey Young’s take in Granny Herald was interesting. “No ordinary Labour speech by Prime Minister Jacinda Ardern”. That is because the political ‘business as usual’ approach by the business orientation of National campaigning using the politics of fear and envy doesn’t work well in times of crisis. Business simply has too short a viewpoint to be acceptable in government at present – or increasingly in our uncertain future.

Wellington buses now: how a local authority harmed public transport

Written By: nickkelly
Date published: - 15 comments

Sure to form, Paul Swain along with Regional Council Chair and another former Labour MP Fran Wilde proposed tearing down the trolleybus wire and increasing the city’s carbon emission. This was to then promptly followed by re-tendering all the bus routes having redesigned all the bus network so that bus companies could then compete over routes and undercut each other. At one council meeting in mid-2016 Swain was questioned about the possibility of protecting drivers jobs and employment conditions. After a few questions, he lost patience, slammed in hand on the table and ended the meeting. This was the extent to which Swain and the Greater Wellington Regional Council considered supporting bus drivers during this process.

Re-open New Zealand

Written By: advantage
Date published: - 82 comments

It is great to see former Prime Minister Helen Clark join the debate about re-opening New Zealand’s borders. We need it. There is no better time for New Zealand to re-launch itself to the world.

The 2008 Go Wellington Bus Lockout

Written By: nickkelly
Date published: - 6 comments

20 days after being elected President of the Wellington Tramways and Public Passenger Transport Employees Union (we just called it Tramways), drivers at Go Wellington were locked out. The City nearly ground to a halt with thousands unable to get to work and traffic congestion a nightmare. Certain journalists were quick to call this a communist conspiracy.

Green Party rocks their new Guaranteed Minimum Income policy

Written By: weka
Date published: - 263 comments

The Greens’ audacious new social security policy, the Poverty Action Plan, places manaakitangi and compassion at the centre. It includes guaranteed income across the board for those in need, reorientating ACC to include illness and prioritise care, support for children and single and double parented families, and it pays for it all by taxing some of the assets and income of the wealthy.

We don’t know how lucky we are

Written By: lprent
Date published: - 32 comments

Looking at the rises in covid-19 infections worldwide is just damn depressing. Looking at the media and Nat supporters, the world, and covid-19 -ll I can say is thank you for the internet. And the kiwis who aren’t listening to the whining about here because they can see the slow disaster unfolding elsewhere with incompetent governments.

Fixing Unemployment – Zoom meetup Saturday 10am

Written By: Mike Smith
Date published: - 8 comments

Is it time to completely rethink how we deal with unemployment? We face a tsunami of job losses not seen in generations. Two ideas — social insurance and a job guarantee — are gaining prominence as ways to change how we deal with the problem. One provides income protection for those who lose employment, the other aims for something bolder: the elimination of unemployment. All welcome; register here.

Things that will live

Written By: advantage
Date published: - 14 comments

Despite downbeat economic predictions and an imminent global recession, the New Zealand recovery offers opportunities for entrepreneurial success that exceed anything we’ve seen for decades.

Responsible politics verses Gotcha politics

Written By: mickysavage
Date published: - 215 comments

Michael Woodhouse has recently had a difficult ethical dilemma.  He received information suggesting that there were major weaknesses in the Covid quarantine system.  Should he do the responsible thing and point out these weaknesses to the authorities or should he play Gotcha politics?

Things that will die

Written By: advantage
Date published: - 90 comments

For three decades tourism has been the great tidal surge that has made many otherwise spiralling towns stablise, and in some cases expand.  Post Covid we are going to see some of these towns die.

Kim Hill asked “Why…

Written By: Mike Smith
Date published: - 31 comments

…is the US sharemarket roaring away – up 44% – while economic recovery prospects are grim?” ANZ’s Sharon Zollner’s answer on Tuesday was the Fed printing money, but worried markets were turning a  blind eye to the bad news. The bad news hit today as the sharemarket nose-dived. Wolf Richter’s answer was more to Kim’s point: “Fed bails out the wealthy while America convulses in pain.”

Direct small business loan scheme is now working

Written By: lprent
Date published: - 26 comments

It was interesting reading this morning that the updated small business owner loan scheme is now working (unlike the previous guarantee through the banks version). National’s new Small Business shadow minister Todd Muller should be all over this between now and the election offering helpful suggestions. I’m going to be fascinated looking at those to see what type of small business he is trying to help…

Labour and the Greens on welfare

Written By: weka
Date published: - 79 comments

While Labour remain wedded to a neoliberal view of welfare as a necessary evil with deserving and undeserving poor, the Greens are standing up for the rights of all of us to live with dignity and have a meaningful standard of living.

Cat MacLennan: We Are Beneficiaries

Written By: notices and features
Date published: - 9 comments

Approximately 2.8 million of Aotearoa New Zealand’s 4.9 million residents are now beneficiaries. Covid-19 has shown us that #WeAreBeneficiaries. Those New Zealanders who only need state support for a short time in their lives are incredibly lucky. Let’s stop looking down on and punishing those who are less fortunate.

New leadership same old tactics

Written By: mickysavage
Date published: - 24 comments

National has released a social media ad suggesting that New Zealand’s per head of population Government debt figure will be worse than Greece’s by 2014.  But the data used presumes the effects of Covid 19 in New Zealand’s figure but no effects of Covid 19 in Greece’s figure.

The current National party.

Written By: lprent
Date published: - 62 comments

The change of leadership inside of National is essentially meaningless. All it seems to have started is exposing the kind of internecine factional warfare that is lurking below their party surface. I can’t see the inexperienced National team, even with Amy Adams back in it, being able to make the kinds of long-term decisions required in a modern world.