Economic apocalypse – not
National and their proxies have claimed that Labour / Green NZ Power announcement has crashed the stock market and wiped out savings. Lies lies lies. Here’s the data.
contact energy
Working for a Living
The thing I like about the Living Wage campaign is the branding represents strongly both the problem and the solution. The Prime Minister fell into its trap when he said that the Living Wage was not a priority for his Government. The statement says it all really. The Government don’t want you to work for a living, they just want you to work.
Contact: a model of lost Kiwi ownership
An attempt to promote asset sales in yesterday’s Dom ended up falling on its face. The author takes the government line, that Contact provides the template for ‘mum and dad’ investors buying SOEs. But the article admits the truth: only a tiny fraction of Kiwis ever invested in Contact, less own it now, and even they may soon be forced out.
Contact Energy: A Case Study
We could look at bailed-out TranzRail and Air NZ, with privatisation leading to risk-free pay-outs for the temporary owners of infrastructure that couldn’t be allowed to fail. Or Telecom that doesn’t look out for NZers interests, and needs us to pay for it to build us a fibre network. But let’s look at the “success” story of Contact, the closest privatisation to National’s new plans.