Judith’s very bad two days
Judith Collins’ insistence that Parliament be reconvened even at a time that the country was in lockdown level 4 has backfired spectacularly.
Judith Collins’ insistence that Parliament be reconvened even at a time that the country was in lockdown level 4 has backfired spectacularly.
Minister Roberston’s recent speech to the Trans Tasman Business Circle sets out both how this government is using the pandemic to reset whole sectors of the economy, and also how it is getting its head around economic and social challenges. The points made were unsurprising, but his intended direction was unclear.
One of the details announced in the budget was funding to explore a ‘social unemployment insurance’ scheme. This scheme has been pushed by the Council of Trade Unions and Business NZ, which will work with the Government in a newly set-up Tripartite Working Party. When we dig into it though, we realise it is no safety net. It’s a parachute that slows our drop, giving us time, before we hit that real net – down so far below.
National presented a particularly glum picture in Parliament yesterday. And it was not only the realisation that Judith Collins is out of her depth. It was because this budget spells the end of Ruthenasia.
Headline change, budget is lifting weekly main benefit rates by between $32 and $55 per adult to tackle inequality and child poverty, as well as reinstating the Training Incentive Allowance.
Some good news from yesterday. The Government has decided to walk back earlier comments suggesting a wage freeze for teachers and nurses.
A few of us on the left have issues with the public service wage freeze announced yesterday. By setting the salary level so low, at $60,000 per annum, the threat is that previous gains for teachers and nurses will be undermined.
Media has been abuzz with comment about how last election Grant Robertson has backtracked on a promise on not extending the bright line test. Should politicians stick to their pronouncements no matter what? Or should they change their minds if circumstances demand a change in course?
The bright-line test is a red herring and does nothing to deter housing speculation.
Senior business leaders have called for more openness and clarity from the Government on its plan for getting New Zealand to “COVID normal”. But have failed to say what they would do to contribute or what they are doing to help.
In recent news Standard and Poors has improved New Zealand’s credit rating because of its success in handling Covid, and a vast majority of kiwis support the Goverment increasing income support for those on low wages or not in paid work. The Government has the budget space and the majority’s backing to do something about poverty.
New Zealand is the best-managed country in the world. And currently has one of the best economies.
Without much fanfare, Minister Robertson has used 2020’s crisis to bury the historic scourge of monetarism and within it the excuses of the governments that used it as a pretext to sell off our key government income generators.
The Government’s finances are in remarkably good shape. Who would have predicted that dealing properly with a global pandemic would have had better results for the economy than timidly dealing with it and trying to ensure that economic activity continued? But by international levels our Government debt is already low and maybe now is the time to spend on vital areas such as poverty, climate change and the housing crisis.
It’s not possible to resolve New Zealand’s housing and poverty crises from within a neoliberal frame. Change is going to have to be driven from outside of parliament.
This government must demonstrate that it has the ability to lead the New Zealand economy where it has stated it wants it to go. It does not want more headlines like the average house in Auckland now being priced at $1 million.
IF the discovery of a potential Covid vaccine looks like a new dawn, let’s not forget that this is the accelerating point of the K-shaped recovery New Zealand have been dreading. Our already rich are on the line heading upwards. They are getting richer because of a range of our Government policies.
Some details of the new Cabinet announced today by Jacinda Ardern.
Labour want to govern based in stability for all New Zealanders, but how does that work when your grand narrative has massive plot holes around ending poverty?
Paul Goldsmith has shown yet again his complete inability to understand how Government finances work by claiming there is a $10 billion dollar hole in Labour’s fiscal plan where there is none.
The NZ Herald Mood of the Boardroom finance election debate should be for National what it is like attending a Living Wage campaign meeting for Labour. They should be at home and the participants should be solidly behind them. But not this year.
Paul Goldsmith has blighted National’s campaign launch by making a $4 billion dollar mistake in National’s budget costings.
Much has rightly been made of the leadership quality of Prime Minister Ardern this year. But the PREFU results announced today shows that Minister of FInance Grant Robertson is by a long way the most effective Minister of Finance we have had since Dr Michael Cullen.
The Prefu is out! And it is not as scary as National would have wanted.
As the covid crisis deepens Labour appear to be committed to entrenching the underclass and giving a helping hand to the middle class.
Four very good reasons why you should vote Labour in this election.
Should Labour’s Grant Robertson stand aside in Wellington Central to guarantee the Greens are available to be a coalition partner?
Todd Muller had a bad day yesterday with adverse confidential National polling leaked to the media and with Grant Robertson and Winston Peters showing in the house that Muller’s denial that he had proposed opening up the border with China was simply not correct.
A challenging post where Ad challenges Jacinda Ardern and the Labour Government to do more.
Jacinda Ardern has floated the idea of a four day working week and Grant Robertson wants to change the future of work. Maybe they should get on and do it.
The budget site is up and running. Some links here along with Robertson’s speech. This post may get updated if authors feel like it. Otherwise commenters can praise or criticize. Preferably constructively rather than with mindless waffle.
The Covid-19 lock down has and will tip media companies already struggling to survive into closure.
Simon Bridges has been criticised for his relentless negativity towards the Government’s urgent Covid-19 budget response and for playing politics as usual at a time when unity is required.
The Minister of Finance says that we are facing the worst of any of the scenarios that they had been preparing for. In response the government’s rescue package is bigger than anything New Zealand has ever seen.
Is the Government commitment to the budget responsibility rules weakening? Because at the Labour Party Conference Grant Robertson has indicated that the Government will shortly announce a big capital spend on infrastructure.
The announcement of a $7.5 billion surplus for the last fiscal year combined with a $5.5 billion surplus the year before proves once and for all that Steven Joyce’s claim of a $11.5 billion deficit in Labour’s costings was bollocks.