$7.5 billion surplus
The Government has announced a $7.5 billion dollar surplus. Is it time to start spending?
The Government has announced a $7.5 billion dollar surplus. Is it time to start spending?
Some suggestions on how Labour can retain power at the next election.
Grant Robertson gets occasional criticism from the left but it is hard to fault him for his timing or his delivery in seeking to strengthen banking sector oversight.
So what is in the Wellbeing budget and what do you think about it?
The police has confirmed that a poorly secured website partially searchable through Treasury’s website’s search function was the cause of the release of sensitive budget information.
New Zealand Treasury head Gabriel Makhlouf has said that Treasury’s website was attacked 2000 times in 48 hours.
Grant Robertson has announced there will be a relaxing of the fiscal responsibility rules, although not until after the next election.
National has claimed that Labour’s tertiary fees policy is failing because numbers applying for it have not increased. But National clearly has failed to understand that the policy is about reducing student loan totals or it is deliberately misinterpreting the reason for the policy.
Reprinted with permission from the blogsite How Melulater sees it, an important backgrounder to the impending teachers’ strike.
Today marks the day that the largest ever increase in the minimum wage will occur.
National has resorted to race baiting in its attempt to denigrate the Tax Working Group’s proposed capital gains tax.
Hopefully the media will ask of National the tough questions, like how it is going to increase spending in critical areas, pay down debt and give us a tax cut at the same time.
The Government has announced that the next budget will include well being objectives as well as fiscal objectives.
The Government is planning changes to the Reserve Bank Act to require it to seek full employment. Maybe it is time for a dramatic change to its powers so that it has the regulatory powers to properly deal with the Australian banks.
Remember the $11.5 billion hole that Stephen Joyce and National said Labour was going to leave the country with? Well the 2017/18 financial books have been completed and released and the Government’s surplus was $2.4 billion greater than forecast.
National’s chicken little the sky is falling mantra about New Zealand’s economy has been dealt a large hole by Moody’s confirming New Zealand’s Aaa AAA credit rating.
Economist Ganesh Nana and Alan Johnson from the Salvation Army have urged the Government to relax the fiscal straight jacket imposed by its budget responsibility rules.
The polls are great. Top work. But I’m getting worried about the entropy of this government already. Matthew Hooten and Karl Marx agree with me.
Some proposals on why we just got the budget we did.
An evolving post to cover budget announcements.
2018 marks several anniversaries of Karl Marx whose significance for the critique of capitalist society is hard to diminish. But what now for his beliefs?
It is predicted that today Parliament will pass a law allowing for the expunging of convictions of adults for engaging in homosexual behaviour.
A more productive economy – and society – has been an elusive goal for many of New Zealand’s previous governments. The last National Government failed. What will Labour do to succeed?
Media response to the new Government’s mini budget has been overwhelmingly positive.
Big day today as Labour’s mini budget is announced.
Why National is currently winning the debate about tax and what Labour needs to do to change this.
Details about how the next Cabinet may be made up are emerging. Winston Peters may regain the position of Minister of Foreign Affairs as well as being Deputy Prime Minister.
Labour didn’t deserve to win on Saturday because, firstly, because it failed to bring a fully-fleshed tax policy to voters, and, secondly, it never attempted to win the ideological battle over tax. To succeed at the next election, Labour must begin work today to frame this debate.
The RNZ debate between Labour and Nat finance spokespersons has just concluded – Grant Robertson vs a big flaming gasbag. Robertson very strong, gasbag unable to name One Single Person who agrees with his $11.7bn big lie.
Steven Joyce’s claim that Labour’s budget forecasts have a $11 billion dollar hole in them raises some concern with his ability to actually understand Government budgetary processes.
The homeless crisis is getting that bad in Auckland that people are dying because they have nowhere to live.
The possible introduction of debt to income lending ratios will potentially have an enormous effect on New Zealand’s housing market.
Speeches and policies from Congress so far.
The Labour-Green Budget Responsibility Rules announcement this week ought to dispel the notion that Labour and the Greens cannot work together.
At the Labour Conference over the weekend, Grant Robertson announced the results of the Future of Work Commission. Ideas for policy to cope with a new age of work.
Text of a speech from Grant Robertson to the 2016 Labour Party Conference concerning the results from the Future of Work Commission.