Should the Reserve Bank target unemployment as well as inflation? Will the new government abolish the dual mandate?
Back in 1989 – near the end of the fourth Labour government – the inflation-busting Reserve Bank Act was passed. Labour has shifted well away from the Rogernomics of that decade, and in 2021 Grant Robertson added maximum sustainable employment to the bank’s mandate - with the support of coalition partner NZ First.
The next three years – the job ahead for Labour, Greens and Te Pāti Māori
The Fabians had a session on Nov 14th reflecting on the elections. Our panel of Simon Wilson, Senior Writer at NZ Herald, Bridie Witton, Stuff Press Gallery Reporter and Ollie Neas, freelance writer used the election results as a springboard to target some of the key issues for Labour, the Greens and Te Pāti Māori as they head into opposition.
Thank you for the opportunity to discuss the Pae Ora health reforms with you.
Since I was sacked by the Health Minister I have taken time to reflect on the experience and to make a considered assessment of what I learned in the process. My intention tonight is to share that with you, making the assumption that we share common ground in wanting to have an effective, efficient, excellent and equitable public health service.
If anyone does not want that, I don’t really have anything useful to share with you.
Interview transcript: Ambassador Wang Xiaolong with NZ Fabian Society
Hello, my name is Mike Smith, from the New Zealand Fabian Society. It's my great pleasure today to interview Ambassador Wang Xiaolong from the People's Republic of China to talk with us about China's values. I heard Ambassador Wang speak at a meeting convened by the Institute of International Relations(NZIIA) last year and in the course of that meeting, he addressed the question of China's values and said, "China's choice for values, social system and path to modernity is made by our own people, based on our own history, culture and realities. All these choices have proven to be suitable and effective to solve China's problems and meet the needs of the Chinese people".
A public meeting meeting with Nicky Hager will be held Wednesday 27th August, 7.30pm, at the Mt Eden War Memorial Hall (Cnr Dominion Rd & Balmoral Rd).
Chaired by Sir Edmund Thomas
Hosted by the Human Rights Foundation & Equal Justice Project
Open Letter to NZMA Journal - Signatories Required
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Anyone willing to be a co-signatory to this letter to the NZMA Journal, please let me know. It has a better chance of publication than the open letter to RCAP previously sent. Keith Henderson <This email address is being protected from spambots. You need JavaScript enabled to view it.>
To the Editor New Zealand Medical Association Journal
Since July 2013 when the government's benefit 'reforms' saw the replacement of sickness and invalid benefits by a single job-seeker support, G.Ps have been signing application forms for work assessment bearing a quotation regarding the health benefits of work from the position statement on that subject from the Australasian Faculty of Occupational and Environmental Medicine (AFOEM), which is running a campaign on this theme. Those G.Ps who have been inducted by MSD as 'designated doctors are meanwhile being exposed to the scientifically more dubious claim that long term benefit dependency is a cause of ill health. There are several reasons why G.Ps should be skeptical of this attempt to manipulate them into denying beneficiaries something that used to be considered an entitlement. Firstly there is clearly an alternative hypothesis to account for the statistics of ill-health amongst beneficiaries, and that ispoverty, the health impacts of which get no mention whatsoever in the AFOEM document (or in the work assessment application form!) Included amongst the statistics adduced by the AFOEM to support its claim that unemployment causes ill-health are statistics of ill-health of children! Of the competing hypotheses, poverty is clearly the one that best accounts for this, and if it wholly accounts for it amongst children, it would be perverse to maintain that it did not do so for adults also. The same government that has (for reasons entirely different from any supposed health benefits) vowed to reduce benefit numbers by 40,000 has meanwhile denied that child poverty is as deep and widespread as its critics claim. Moreover it has now been revealed that the deputy prime minister has been concealing a major underestimate of the true extent of child poverty. As long as it can claim support from the medical profession by appearing to address the poorly substantiated health effects of benefit dependency, the more likely the government is to continue in its state of denial re any link between poverty and illness. Increases in illness resulting from the higher levels of poverty attendant on the draconian administration of benefits is likely to far outweigh any decreases obtained by the miniscule number of beneficiaries finding healthy employment in an economic recession. Thirdly, foremost amongst the promoters of the 'health benefits of work' is the holder of an academic chair sponsored by the world's largest disability insurer. Even worse, that insurer is one that has been thoroughly discredited the U.S courts for denying benefits to rightful claimants. We, the undersigned consider it is time the medical profession objected publicly and loudly to being manipulated by government and the corporate interests it transparently serves. The allegations made above are substantiated by links in an Open Letter to the Royal College of Physicians published on waitemataunite.blogspot.com. See also http://nzsocialjusticeblog2013.wordpress.com/
Into The Cave of Dreams – Trans Pacific Partnership
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In the latest Werewolf, Gordon Campbel asks 'Is the Trans Pacific Partnership a free trade mirage?' If the Trans Pacific Partnership (TPP) trade deal was a new car you probably wouldn’t buy it, or at least not from this dealership. There will be no chance of a test drive with this baby. The pre-conditions for the TPP trade pact mean that New Zealanders will not be informed what is in the agreement before it comes into force, even though some ingredients could well render central government liable to being sued for compensation (in so-called investor/state disputes) if and when an offshore arbitration panel decides that the TPP conditions have been breached. Read More
What Will Fix New Zealand’s Economy? - AKLD & WGTN
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Our first seminar in the Resilient Economy Series identified a number of key factors hampering New Zealand's real economy. These included the need for a more stable currency, encouragement of more investment in our productive enterprises and the negative impact of the current implementation of monetary policy. Next, we look to some of the options for addressing these problems.
These free events feature Rick Boven from the New Zealand Institute discuss with participants from our first seminars what we need to do to build a truly Resilient New Zealand Economy. The New Zealand Institute is an independent think-tank with its own project focussed on improving New Zealand's competitive strength.