The Standard

Economy

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

Categories under Economy

This is not business as usual. This is not some hippy over-reaction. This is serious shit!

Written By: - Date published: 4:18 pm, December 11th, 2014 - 55 comments

New author Mandy Hager joins us with some reflections on having become a grandmother: “So that’s why I’m speaking out now, every opportunity I get. Not because I like the exposure (shudder), but because I love this tiny little person and I will fight for his future, come what may. It’s the right thing to do. …”

Fudge-it-Budget

Written By: - Date published: 9:18 am, December 11th, 2014 - 31 comments

The lied about surplus in the run up to the 2014 National Election is looking like matching Penn and Teller for magical skills. It’s the ultimate disappearing act. Unlike bad economic figures when Labour is in Government, this isn’t National’s fault. Bill English says so. It’s all down to a whole lot of unusual and […]

Oppose the housing sell off!

Written By: - Date published: 3:11 pm, December 10th, 2014 - 4 comments

A last-minute, urgent appeal from Phil Twyford – oppose the sell off of state houses – today!

Denying the truth no way to run a country

Written By: - Date published: 12:09 pm, December 10th, 2014 - 16 comments

Right-wingers recently got all hot and bothered about the idea of “recall elections”. Perhaps we do need them, not for the scandal of a Mayor having a bathroom, but for governments that systematically and cynically deny the truth, to the detriment of us all.

Local Bodies: “Government Given the Bums Up”

Written By: - Date published: 9:55 am, December 10th, 2014 - 5 comments

From the Local Bodies blog, 2 posts on the government’s “head in the sand” approach to climate change and the environment.  A critique of the government’s approach to business, mining and the environment & a report on the protest against the government’s head in the sand approach.

Dodging the big decisions

Written By: - Date published: 9:03 am, December 10th, 2014 - 18 comments

Colin James has an excellent piece on the housing market. Simon Collins has a piece on the implications on young renters. Meanwhile, a number of other big problems are being ignored by National as well.

The Roll of Shame.

Written By: - Date published: 8:00 am, December 10th, 2014 - 41 comments

Another day of shame for the New Zealand Government. as they march us in lockstep…….

Towards the sort of police State we used to fight.

Polity: OECD on inequality and growth

Written By: - Date published: 7:42 am, December 10th, 2014 - 33 comments

Rob Salmond notes the OECD report saying the West – and New Zealand more than any – have had their growth held back by income inequality. Do we have a government willing to do anything about it?

rising poverty amongst asians

Written By: - Date published: 11:04 pm, December 9th, 2014 - 85 comments

a new report shows that poverty related illnesses are growing at a rapid rate for asian children, and so are other poverty indicators.  some of this is related to a more settled population, but we also need to talk about racism.

Profits before Botulism

Written By: - Date published: 10:49 am, December 9th, 2014 - 40 comments

The new report from the Government finds Fonterra woefully inadequate in its food safety culture putting profits before the safety of people. The Ministry doesn’t escape either. “The ministry had no single, coherent (or reviewed or rehearsed) crisis plan for a food incident that it could implement straight away after receiving notification of C. botulism. […]

it’s not censorship, it’s market forces

Written By: - Date published: 1:49 pm, December 8th, 2014 - 77 comments

the addition of judith collins as a columnist has some people calling for people to cancel their subscriptions.

the response has been the usual.  there are claims that this is censorship.  even though the choice to not purchase a product that no longer appeals to you is hardly censorship.

Dirty Politics and the health advocates

Written By: - Date published: 8:00 am, December 6th, 2014 - 59 comments

How is it that Katherine Rich can be the head of the Food and Grocery Council and look after the interests of suppliers yet at the same time be on the Health Promotion Agency and not have a conflict?

Fred Dagg – User’s Guide to NZ

Written By: - Date published: 10:07 pm, December 4th, 2014 - 35 comments

I miss Fred Dagg – John Clarke’s latest is a purler. “New Zealand … is an egalitarian nation made up of well over four million rugged individualists and naturally gifted sportspeople and is run on alternate days by the government and whoever bought the national infrastructure.” Read, laugh and weep – he might be gone but we’re not forgotten, and thank God for that.

Local Bodies: Government Responsible for Invercargill Poverty

Written By: - Date published: 9:00 am, December 2nd, 2014 - 6 comments

The second annual Child Poverty Monitor was released today.  bsprout on Local Bodies on poverty and inequalities in Invercargill, “provides a good snapshot of New Zealand society”.

Losing money

Written By: - Date published: 7:32 am, December 2nd, 2014 - 26 comments

exports trading partners 2012

The economic news is depressing for NZ at present. After riding a dairy commodity boom for the last few years, the payout for farmers looks like it will drop from a high of $8.50/kg last season to $4.85/kg this coming season. Meanwhile National has neglected our most sustainable resource – people. So expect a busted economy for the next few years.

Exploited workers need union protection

Written By: - Date published: 11:20 am, December 1st, 2014 - 30 comments

Another example of a bad employer unfairly docking a worker’s pay. But this worker was a union member…

Andrew Little: the future of work

Written By: - Date published: 8:03 am, December 1st, 2014 - 98 comments

The text of a speech delivered by Andrew Little this morning

Save Our State Houses: Labour Party

Written By: - Date published: 8:26 am, November 28th, 2014 - 12 comments

Kevin Hague says, the government’s plan to replace state housing with “social housing” will make the affordable housing crisis worse & is “economically reckless”. The Labour Party have circulated a petition to save state houses from being sold by the NZ government.

Democracy, Money and Power

Written By: - Date published: 9:18 am, November 27th, 2014 - 6 comments

The stage was long ago reached where members of the US Government were told they should “wear their sponsors logo’s on their shirts”.

Tip of the iceberg

Written By: - Date published: 9:39 am, November 23rd, 2014 - 99 comments

Looks like exploiting petrol station workers by docking their pay for circumstances beyond their control was just the tip of the iceberg of this kind of behaviour.

’81: knowing your position

Written By: - Date published: 9:21 am, November 22nd, 2014 - 103 comments

Andrea Vance has written an informative article about Andrew Little.  In it, among other things, we learn that Little remembers exactly which side he was on during the 1981 Springbok rugby tour.

Clarke and Dawe: G20 Growth

Written By: - Date published: 2:41 pm, November 21st, 2014 - 4 comments

The excellent Clarke and Dawe on the G20 and growth.

Polity: Income mobility

Written By: - Date published: 12:43 pm, November 21st, 2014 - 17 comments

David Farrar seldom seems to actually read the reports fully before he starts inventing meaningless canards. A theoretical equality of opportunity is irrelevant when your parent’s lack of disposable income is the major determinant of your own education and opportunities. We waste the opportunities from peoples abilities because of income inequalities.

Who needs $4.8 billion anyway

Written By: - Date published: 7:15 am, November 21st, 2014 - 106 comments

Yesterday a report from the NZ Super Fund (the Cullen fund) provided further evidence of National’s economic “genius”. We could have used the $4.8 billion that they just chucked away.

One law for the rich

Written By: - Date published: 9:10 am, November 20th, 2014 - 77 comments

And, as ever, one for the poor.

Labour and the unions

Written By: - Date published: 8:26 am, November 19th, 2014 - 109 comments

In which I ponder my 2c on the leadership race, and the path ahead for Labour and the unions…

NRT: A low R&D economy

Written By: - Date published: 1:24 pm, November 18th, 2014 - 12 comments

The Herald this morning reports that New Zealand is near the bottom in global R&D spending. Economic Development Minister Steven Joyce is in full denial mode, saying that this doesn’t reflect what he’s seen. But he did make his money from being a crony capitalist, so perhaps he just can’t recognize innovation?

In defence of John Key

Written By: - Date published: 9:09 am, November 18th, 2014 - 158 comments

Click-bait, moi?

Sale of social housing stock won’t save costs

Written By: - Date published: 2:00 pm, November 16th, 2014 - 20 comments

Hamilton City Council currently has plans to sell of its remaining pensioner housing stock. It already sold off a block of them in 2012. Of those sold, only 12 out of 53 units are available for seniors to rent at affordable rates. This is because 27 were sold as there was no social service provider able to buy them. So now Council want to sell the rest.

Why does the right control the English speaking world?

Written By: - Date published: 9:31 am, November 16th, 2014 - 116 comments

Jason Wilson in the Guardian has asked a very relevant question.  Why is the right currently dominant in the English speaking Western World and what does the left have to do to change this?

The casualisation of work

Written By: - Date published: 8:00 am, November 14th, 2014 - 147 comments

Zero hour contracts, where an employee’s work hours are determined solely at the whim of the employer, are becoming increasingly common. The implications for the fight against poverty are dire.