The Standard

Economy

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

Categories under Economy

Key’s deposit with company specialising in foreign trusts

Written By: - Date published: 4:40 pm, April 12th, 2016 - 66 comments

Well well well.

Whitewash a certainty in tax haven review

Written By: - Date published: 12:31 pm, April 12th, 2016 - 77 comments

John Key’s solution to the exposure of his ludicrous claims that New Zealand has full disclosure on foreign trusts nor is tax haven, is to appoint an expert in tax avoidance as the so-called “independent expert” to review the laws. As fallout from the “Panama Papers” has escalated and the prime minister’s claims are seen […]

Off-shore Trusts (a simple solution)

Written By: - Date published: 11:14 am, April 12th, 2016 - 42 comments

I know this won’t happen, but still…

Return of the living dead

Written By: - Date published: 8:41 am, April 12th, 2016 - 37 comments

Don Brash has been resuscitated and is complaining about privilege and preferential treatment.  Not of rich old white people like himself but because Maori rights to Taonga may be recognised.

PM forced to release his tax details

Written By: - Date published: 8:08 am, April 12th, 2016 - 46 comments

Not our PM, the UK’s David Cameron. Our PM is under pressure to do the same, but refuses. He claims that all his taxes are “beyond reporach”. But he has form (TranzRail shares) on lying about his financial affairs.

Netflix tax – another one for you peasants

Written By: - Date published: 2:30 pm, April 11th, 2016 - 20 comments

While Key is fighting to make sure our country remains a haven for his rich mates, he’s about to hit you and I with yet another tax. I don’t have a problem with taxes, but I do take issue with the hypocrisy.

Key changed the law to extend NZ as a tax haven

Written By: - Date published: 6:51 am, April 11th, 2016 - 289 comments

John Key personally directed the 2011 law change that turned NZ into an attractive tax haven.

It’s part of a complicated context involving his failed plan to turn NZ into a “financial hub”.

A Design for Living; Guest Post

Written By: - Date published: 10:33 am, April 10th, 2016 - 56 comments

Young Labour member and regular TS reader TheSocialDemocrat has drawn up a manifesto for change. As neo-liberalism enters its twilight phase, now is the time to redefine the debate about what makes a society great.

Kiwis to be implicated by Panama papers

Written By: - Date published: 7:13 am, April 10th, 2016 - 120 comments

Yesterday The Nation interviewed the Centre for Public Integrity’s Peter Bale about the inevitability of New Zealanders being implicated by the Panama Papers.

Justin Lester: begging is a social issue, not a crime

Written By: - Date published: 1:00 pm, April 9th, 2016 - 50 comments

The Auckland local government race isn’t the only one where begging is becoming a top issue.

Simplicity

Written By: - Date published: 11:57 am, April 9th, 2016 - 62 comments

Good shit happening in France.

A Song from John (All your questions answered)

Written By: - Date published: 3:18 pm, April 8th, 2016 - 4 comments

Okay. So rumoour has it that John was merely a co-writer.

Brownlee is dragging Canterbury down

Written By: - Date published: 11:34 am, April 8th, 2016 - 85 comments

The Christchurch rebuild gets its second fail grade from Treasury. And what of the rebuild work that has been done with failed reinforcing steel?

Shameful tactics on beneficiaries

Written By: - Date published: 7:40 am, April 8th, 2016 - 43 comments

Why does it take a volunteer organisation like Auckland Action Against Poverty to help people get the benefits that they are entitled to?

Panama vows action – NZ closes its eyes

Written By: - Date published: 7:03 am, April 8th, 2016 - 18 comments

The cycle of corrupt money. 100% tax haven. And we’re being put to shame by Panama.

A cartoon for Planet Key

Written By: - Date published: 3:14 pm, April 7th, 2016 - 2 comments

panama refugees people money planet key

Kiwibank sale to NZ Super, ACC privatisation by stealth

Written By: - Date published: 11:58 am, April 7th, 2016 - 52 comments

The transfer of part of Kiwibank to the Cullen Fund will inevitably lead to its privatisation, no matter what the Government says.

Panama tax rort stirs world leaders but not Key

Written By: - Date published: 8:00 am, April 7th, 2016 - 18 comments

The Panama Papers highlight a significant problem for the countries of the world.  The actions of the 1% is robbing countries throughout the world of funds needed to run their countries and underlines that the capitalist system is based on greed.  Most leaders see this but not John Key.

Obama calls for international tax reform – what will Key do now?

Written By: - Date published: 6:31 am, April 7th, 2016 - 122 comments

Key has made it clear that he doesn’t care that NZ is operating as an international tax haven. When The Greens called for action he called them “barking mad”. But last night President Obama called for international action on tax reform. What will Key do now?

Kiwibank partial sell-off

Written By: - Date published: 11:36 am, April 6th, 2016 - 149 comments

This morning Michael Cullen announced plans to sell 45% of Kiwibank.

John Key’s response to the Panama Papers leak

Written By: - Date published: 9:13 am, April 5th, 2016 - 42 comments

John Key and National are floundering and trying urgently to work out what lines they should use concerning the release of the Panama Papers.

Deborah Russell: What’s going on with foreign trusts?

Written By: - Date published: 8:00 am, April 5th, 2016 - 66 comments

Deborah Russell provides expert analysis and commentary on the treatment of foreign trusts in New Zealand and how there is actually a loophole.

Panama Papers: NZ is a tax haven

Written By: - Date published: 7:01 am, April 5th, 2016 - 29 comments

The Panama Papers show that NZ operates a tax haven. Key’s denials don’t hold up, particularly in the light of at least two three prior warnings that his government has received.

NZ Tax Haven Inc – of the 1%, by the 1%, for the 1%

Written By: - Date published: 9:19 am, April 4th, 2016 - 92 comments

A huge leak of confidential documents which reveals how the rich and powerful use tax havens to hide their wealth suggests that New Zealand plays its part.

Global poverty. Global oligarchy.

Written By: - Date published: 1:09 pm, April 3rd, 2016 - 13 comments

The west continues to hold a lock on global wealth. Africa and India remain desperately poor. China has built a burgeoning working class and middle class.

Oliver Stone backs Sanders; attacks pro-war Clinton

Written By: - Date published: 9:19 pm, April 1st, 2016 - 84 comments

Oliver Stone says that the fascism and corruption of big money has poisoned US politics. And Hilary Clinton has embraced it.

2800 state houses “transferred”

Written By: - Date published: 10:10 am, April 1st, 2016 - 40 comments

Yesterday 2800 state houses in Auckland were “transferred” to a new authority, which plans to “reduce the number of people the State is supporting”.

Imperator Fish: The terrifying cost of Labour’s UBI

Written By: - Date published: 8:01 am, April 1st, 2016 - 221 comments

Imperator Fish warns us of the terrifying cost of Labour’s UBI.

It’s even worse than you think.

The sock puppets, the media and the UBI

Written By: - Date published: 8:00 am, March 31st, 2016 - 117 comments

Labour’s discussion of a possible UBI is still generating debate.

Postcard from the “brighter” future

Written By: - Date published: 11:27 am, March 30th, 2016 - 31 comments

Evidence of growing poverty hitting “mid-decile” schools.

Job cuts and the future of work

Written By: - Date published: 3:54 pm, March 29th, 2016 - 73 comments

Two headline job losses today underline the importance of Labour’s Future of Work.