The Standard

Economy

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

Categories under Economy

Sacrificing our Sovereignty in the name of Free Trade

Written By: - Date published: 1:24 pm, January 15th, 2015 - 30 comments

The United Kingdom is debating entry into the Transatlantic Trade and Investment Partnership, which like the TPPA will allow investor-state disputes to be resolved by unappealable unaccountable private arbitration. George Monbiot in the Guardian describes the issue well and has suggestions on how the proposal can be challenged.

“But he hasn’t got anything on!”

Written By: - Date published: 3:43 pm, January 13th, 2015 - 64 comments

The self righteousness of the leaders who marched in Paris was there for all to see, but few in the media decry and point out the hypocrisy. How smug the World leaders feel, marching for freedom of expression and the media which they largely control and use for their political purposes. So who will speak […]

Dirty Politics in 2015

Written By: - Date published: 8:53 am, January 13th, 2015 - 81 comments

Political Scientists Bronwyn Hayward and Mark Boyd were interviewed on Radio New Zealand yesterday on New Zealand politics in 2014 and what happened during the election.  They talked extensively on dirty politics, on the role of the media and how things can be improved in 2015.

SkyCity a nightmare for the Nats

Written By: - Date published: 11:15 am, January 12th, 2015 - 76 comments

Far from fading away into the Christmas haze, SkyCity looks likely to be one of the defining political issues for 2015.

Local Bodies: Neoliberal Economics Limits Food Choice in Southland

Written By: - Date published: 8:54 am, January 10th, 2015 - 62 comments

bsprout on the Local Bodies blog, provides a case study, specific to Southland.  At the same time, it outlines a more general pattern that can be seen in many places, each with their own local circumstances.

A Punitive Climate of Fear

Written By: - Date published: 1:59 pm, January 9th, 2015 - 64 comments

Whatever the reason for a person’s disability if it is to such an extent that they cannot work we condemn them to a life of subsistence living with a big pay rise when, and if, they reach retirement age to 65% of the average wage!

What John Key actually believes in

Written By: - Date published: 9:21 am, January 6th, 2015 - 146 comments

Charlie Mitchell of the Dominion Post has analysed John Key’s formal speeches since 2007 to see what has from time to time been uppermost in Key’s mind. The results are interesting to say the least.

Written in a deep summer haze

Written By: - Date published: 8:44 am, January 5th, 2015 - 94 comments

I was astonished by an anonymous NZ Herald editorial on New Years day – “NZ economy is in a good place and thriving”. Obviously an inferior intellect was slow cooked in the warm holiday weather. It turned to mush and regurgitated one of Bill English’s wet dreams. Dairy prices are unlikely to rebound any time soon.

‘The future will be green or not at all’

Written By: - Date published: 9:41 am, January 2nd, 2015 - 275 comments

Yesterday, on Outspoken at RNZ, Craig McCulloch interviewed Jeanette Fitzsimons, Gareth Morgan and Metiria Turei on the future of the Green Party. Morgan wants the Greens to shift away from “scary” economic policies.  Turei and Fitzsimons explain why not.

Daniel Rockhouse: “No one was there to meet them…”

Written By: - Date published: 10:19 am, January 1st, 2015 - 21 comments

A July 2013 post by Helen Kelly was about Daniel Rockhouse who survived the Pike River Mine disaster, and then rescued Russell Smith. Yesterday Daniel Rockhouse got a bravery award. Read Kelly’s 2013 post here.

Songs for the New Year – summertime!

Written By: - Date published: 9:11 am, January 1st, 2015 - 35 comments

Happy New Year! Some songs for the times.

Guest Post: from a Fairy Godmother

Written By: - Date published: 6:50 pm, December 29th, 2014 - 36 comments

How can young unemployed people get help in finding a job, when they have been trying to get one for some time?

The Socialist Pope

Written By: - Date published: 1:26 pm, December 29th, 2014 - 54 comments

Pope Francis has created a stir recently.  He has been instrumental in the ending by the United States of sanctions against Cuba, he has criticised the Curia for being inwardly focussed and not sufficiently concerned for the poor and he has reached out to Muslims.  And to top things off he is intending to issue a Papal Encyclical on climate change and will be urging countries to enter into a meaningful agreement on climate change.

SkyCity’s expected subvention explained for John Roughan

Written By: - Date published: 9:28 am, December 27th, 2014 - 42 comments

At last, some of our conservative short-term thinkers have woken up to the elephant in the room with the SkyCity convention centre subvention. Years late and their previous support has cost taxpayers dearly already. Perhaps they could learn to read reports? And think before committing us to be suckers?

Bill Gates on Piketty and inequality

Written By: - Date published: 10:00 am, December 26th, 2014 - 64 comments

Thomas Piketty in his book Capital in the Twenty-First Century came to the strong conclusion that capitalism left by itself will increase inequality and cause increased risk of social, economic and democratic upheaval.  He has an unlikely supporter, albeit critical, in Bill Gates, one of the richest men in the world.

One word away from needing food parcels

Written By: - Date published: 1:05 pm, December 24th, 2014 - 71 comments

The smug middle class National voter seems oblivious to how close they are to financial hardship…

Europe & the anti-austerity left

Written By: - Date published: 9:42 am, December 24th, 2014 - 28 comments

The UK Green Party is gaining in popularity as many people turn away from the 3 established parties.  The radical left Syriza party in Greece could possibly gain power in their election – what powerful international right wing forces would then be unleashed?

Thumbs down for Joyce’s ministerial domain

Written By: - Date published: 8:23 am, December 22nd, 2014 - 33 comments

A new report shows that Steven Joyce’s MBIE fiefdom is failing miserably.  Meanwhile the MBIE is under fire for the major cost blow out of the Sky City Casino deal – another deal with Joyce’s imprints all over it.

R0b’s christmas suggestions

Written By: - Date published: 8:44 am, December 20th, 2014 - 11 comments

So suggestions on how to have an ethical christmas that is light on the planet and will improve the plight of humanity.

Power poverty on the up

Written By: - Date published: 8:18 am, December 19th, 2014 - 56 comments

The government has failed to tackle NZ’s on-going housing crisis. Fuel/energy poverty is increasing, with a higher proportion of households unable to afford any heating.  More Kiwis are renting than in the 2006 census, & more Aucklanders live in over-crowded households.

USA pimpin for its mega corporates

Written By: - Date published: 5:04 pm, December 18th, 2014 - 19 comments

Another day, another crucial leak of information relating to a relentless drive by the USA  to have control of as much data as they can, in as many countries as possible.

So what is happening with the price of oil?

Written By: - Date published: 10:00 am, December 18th, 2014 - 137 comments

The price of crude oil has nearly halved in the past six months and is causing massive repercussions throughout the world with both the Russian economy and the American Shale Oil industry under threat.  The geopolitical implications are complex.

On the economy and tax cut bribes

Written By: - Date published: 9:24 am, December 18th, 2014 - 9 comments

Bill English reviews the economy

National are not responsible for the eventual recovery, they are responsible for delaying it.

ImperatorFish: “I said surface, not surplus”

Written By: - Date published: 2:15 pm, December 17th, 2014 - 7 comments

Scott examines Bill’s likely excuses for failing to deliver something National have promised since 2011

Jobs That Count

Written By: - Date published: 12:00 pm, December 17th, 2014 - 20 comments

The Meatworkers Union today launch a campaign for Jobs That Count – to try to get better conditions for these marginalised workers who face it all – seasonal work, dangerous jobs, casual and zero hours contracts and anti-union pressure.

Surplus sunk

Written By: - Date published: 2:18 pm, December 16th, 2014 - 73 comments

The Nats are going to miss the only target they ever cared about hitting – the mythical surplus. Seven wasted years and counting…

inability to access food

Written By: - Date published: 9:00 am, December 16th, 2014 - 33 comments

people are reporting that they have been unable to access emergency grants for food, simply because that are unable to reach WINZ staff to apply for one.

Inequality – two excellent pieces

Written By: - Date published: 8:55 am, December 14th, 2014 - 65 comments

Inequality has been very much in the news recently. Friday saw the publication of two really excellent pieces that between them provide a comprehensive, if depressing overview.

Christmas at the extremes

Written By: - Date published: 10:24 am, December 13th, 2014 - 65 comments

Two New Zealands will shortly celebrate Christmas, the poor and the rich. Here’s a crazy thought…

‘Ditch the [misleading] rhetoric’

Written By: - Date published: 9:39 am, December 12th, 2014 - 16 comments

On RNZ this morning PSA National Secretary Richard Wagstaff criticised Bill English for his misleading rhetoric about rises in “average wages”.  NZ’s income and wealth gaps have increased in recent decades.  The lowest income remain low; the top earners get big salary increases.

None so blind

Written By: - Date published: 7:50 am, December 12th, 2014 - 181 comments

Message to today’s anonymous Herald editorialist – competition doesn’t close the inequality gap, it widens it. In other news, black is black not white, and water is wet. How can you write such drivel?