Australia shows why we need a sovereign wealth fund now

Australia has not managed its great mining boom well, says HSBC’s chief economist for Australia and New Zealand, Paul Bloxham. When times are good, governments need to save for the bad times that will inevitably follow, and this can be done by establishing a sovereign wealth fund, he said. The Australian Government is now facing […]

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The CYF review – an exercise in predetermination?

Child Youth and Family (CYF) has a troublesome history of underperformance and botched care and protection cases, the most recent being its abject failure, along with the Police, to address the Roastbusters sexual abuse allegations with any semblance of professionalism. So when Social Development Minister Anne Tolley announced a high level review of CYF last […]

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Govt managing our money for political ends

Treasury papers released under the Official Information Act show that it is providing advice on short-term measures the Government can employ to help it post a surplus this year. The advice includes possible savings from delaying the rebuild of Canterbury; delaying foreign aid expenditure; holding back ACC savings; and new taxes on alcohol, tobacco, and […]

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Biosecurity it’s everyone’s responsibility

Biosecurity costs New Zealand millions of dollars in attempting pest eradication and much more in ongoing management of pests in farming, horticulture, beekeeping and conservation, as well as in our own backyards and recreation areas. More work must happen at our borders to stop new pest incursions, but prevention, eradication and control programs nationally, regionally, […]

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Please help me get my Feed the Kids Bill to Select Committee

Fair-society-BLOGFEATURE

Last week I took over the Feed the Kids Bill that Hone Harawira had introduced to Parliament. If passed, my Bill will provide government-funded breakfast and lunch in all decile 1 and 2 schools. Hungry kids can’t learn and are left trapped in the poverty cycle when they grow up. Let’s break that cycle, lunchbox […]

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New York Green Bank off to a $1B start

New York Governor Andrew Cuomo announced late last week the New York Green Bank’s first NZD$1 billion tranche of green energy investments. The projects, which are difficult for the private sector to finance, are now possible by New York Green Bank involvement and will result in an annual estimated reduction of 522,000 tonnes of carbon […]

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Swedes Spray and Southland

Some farming leaders and agricultural companies in New Zealand seem hell bent on maintaining a slide into the lowest commodity level of production, threatening both our marketing reputation and the health and safety of stock and consumers alike. The latest casualties from this unsustainable kind of farming are several hundred stock, mainly dairy cows, that […]

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Biggest increases in wages go to the wealthiest blokes

Today’s business section of the NZ Herald features a two-page spread by Christopher Adams with the results of their survey of the country’s 50 top chief executives. Their research is based on the 2013 annual reports of companies and state-owned enterprises and it shows that their average income was $1.4 million, having risen by an […]

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Solving child poverty in New Zealand

Fair-society-BLOGFEATURE

The Green Party has announced plans to raise the top tax rate on any income earned over $140,000 to 40 percent. This will have an impact on 3 percent of all taxpayers. We will redirect all new revenues raised into measures that will directly alleviate the causes of child poverty in New Zealand. We don’t believe […]

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Our Green vision and policy – my speech at Kumeu

The Green philosophy is about sustainability. It takes, as its worldview, the environment, within which human society and its economy operate. It places the soaring human population within Earth’s finite capacity for resource-use and waste-disposal. If there is one thought that underpins Green belief, it is that we have one planet, to share. The Green […]

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Exports continue to simplify under National

Export data released today from Statistics New Zealand shows a continuing and disturbing trend in the New Zealand economy — we are exporting less high-valued manufactured goods (down 12.5 percent) and less high-valued manufactured goods as a proportion of total exports. The chart says it all: Compared to other small, developed economies — some of […]

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National’s innovation policy in three charts

If Steven Joyce is such a believer in innovation, why is he planning to cut his investment in innovation so dramatically? Here, in three charts, is what National’s long-term commitment to innovation looks like: 1. National will cut their investment in science and innovation by 21 percent, in real terms, out to 2023/24. 2. The […]

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Govt backs Green plan for a second internet cable

I’m cautiously optimistic of news that the government-owned company Research and Educational Advanced Network New Zealand Ltd (REANNZ) has signed a $65 million anchor tenancy contract with Hawaiki Cable Ltd for its proposed new second internet cable. We announced in December 2012 our plan to fund a much-needed second internet cable. The Green Party plans […]

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Double win for Greens in economics this week

National has finally relented to years of Green Party pressure to put the Government’s banking contract to competitive tender. This banking contract – the largest, most lucrative banking contract in the country – has been held by Australian-owned Westpac Bank since 1989 and has never been retendered since then. In 2010, we disclosed this cosy […]

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Guest Post – Cr Paul Bruce – Don’t Scrap the Trolleys

Lets be clear about this – the scrapping of the trolley buses is nothing to do with age of the fleet and power supply…it has nothing to do with the standard of the overhead wiring…it has nothing to do with the performance of the power stations or under powered trolleys…it has nothing to do with the age of the chassis – they were new 7 years ago.

The decision to scrap the trolley fleet is based on prejudice and the false belief that new tenders with multiple bus companies can not include trolley bus routes.

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