The Economic Debate in our previous issue, focusing on minimum and living wages, happened to be published on Equal Pay Day. This is not a day of celebration. It’s the day when outfits like the Business and Professional Women of NZ mark the number of extra days each year women must work to receive the […]
Archive for February, 2013
Who is going to take the haircut on state-owned Solid Energy? This is the hard question obscured in all the wrangling over who did what to bring the coal-miner to its financial knees, carrying $389m in debt and facing dire re-structuring. Will it be the banks, or the taxpayer? No prizes for the answer there.
NZers are not poor savers after all. The Reserve Bank is understood to have completed work, leading to new figures which show household wealth is higher by 25% than previously measured. The reworked figures put NZ not as an outlier among developed nations for its low rate of savings but more in the mainstream. For […]
Govt confidence soared on the back of the decision by the Supreme Court dismissing the Maori Council water claim which otherwise would have scuttled National’s flagship programme of asset sales. Initial tweets saying the Court had upheld the appeal sent shock waves through the Beehive, but calm was restored when the first twitterings were corrected.
If there is a God or gods of politics – if such transcendent beings can be imagined – they were up to mischief over the past fortnight. Just days after Labour leader David Shearer delivered a new thematic attack on the government – National is too “hands off,” Shearer proclaimed.
Foreign Affairs Minister Murray McCully is looking closely at how NZ can expand its diplomatic representation in Africa. At present NZ has only two posts on the continent, even though the 54 nations in Africa make up more than one-third of the UN.
NZ China Council chairman Sir Don McKinnon says Patrick English will be the council’s new executive director whose initial focus will be on preparing for the inaugural NZ China Partnership Forum to be held in Beijing in April. English who has worked for NZ Trade and Enterprise for 17 years has just completed a term […]
NZ endured a fresh bout of (mostly empty) rhetoric this week about child poverty and a “living” wage, but even the Salvation Army’s set of social indices showed improvement on 13 of the 22, including the child poverty indicator, which showed a 5% drop in the number of children said to be living in poverty.
The Govt is on the cusp of events which could shape the outcome of the 2014 election. Next week the Supreme Court is expected to issue its verdict on the Maori Council’s application for judicial review of the Cabinet’s asset-sale decision-making.