Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Rock star economy and the Lost Prophets

Rock star economy and the Lost Prophets

by Don Franks


British multinational HSBC Holdings, on of the world's largest banks, predict New Zealand will be the "rock star" economy of 2014, with growth set to outpace most of its peers.

HSBC forecasts the New Zealand economy will grow 3.4 percent in 2014—the fastest pace since 2007.

For 2013, the economy is expected to post growth of 3.0 percent, according to the bank.

HSBC sees the New Zealand housing boom as a key factor supporting faster expansion.

Sales figures from real estate firm Barfoot & Thompson show the average sale price of an Auckland home was $700,387 last month, up 12.2 per cent from $624,000 in December 2012.

Stick that on the T shirt !

Only one thing is wrong with our cool rock star economy.


Some of us will never get a ticket.

As Hawkes Bay paediatrician Russell Wills complained: "I see these poor preschool children in crowded homes that are cold and damp coming in with skin infections. They are filling our wards." Dr Russell Wills doubles as NZ's Childrens Commsioner. Who, because he gives a stuff, commisioned a report called the Child Poverty Monitor, after the Government rejected calls to start a comprehensive measure of child poverty.

The commissioner recruited private funding from Wellington charity J R McKenzie Trust and will now report back every year on the health and well-being of our most vulnerable children. The initial report findings included:

About one in six Kiwi children are going without basic necessities. Like not having a bed, delaying a doctor's visit or missing out on meals.

It also shows hospital admissions for children with medical conditions linked to poverty are rising. Tens of thousands of children are admitted every year for respiratory and infectious diseases associated with living in damp, overcrowded homes.

At a glance, the rock star economy is a land where:


265,000 children live in poverty, defined by income.

1 in 3 Maori and Pacific children live in poverty.

1 in 7 European children live in poverty.

1 in 6 struggle to afford basic necessities such as healthcare and clothing.

1 in 10 suffer from severe poverty, lacking basic necessities and adequate income.

3 out of 5 will be living in poverty for much of their childhood.

51 per cent are from sole parent families. 60 per cent are from beneficiary families.

How do the rock star economy's lead singers cope with this challenging material?


Social Development Minister Paula Bennett said the ministry was already measuring child poverty, and the commissioner's report was just "repackaged" government figures.

"We have prioritised children, particularly those most vulnerable, and we're taking a thoughtful and strategic approach to tackling complex social issues."

Duh.

Still, there's an election coming up this year.

"Paula Bennett’s continued ‘she’ll be right’ response to calls to officially measure child poverty reinforce concerns that National doesn’t see it as a problem or a priority", Labour Children’s spokesperson Jacinda Ardern says.

“If we are to make any real inroads into tackling child poverty then we need to collect the necessary data.

“Our lack of child poverty measures makes us an outlier with other OECD countries, 29 of which specifically define and measure levels of child poverty.

“Labour has committed to introducing similar legislation here and has a Member’s Bill that sets out exactly how we would go about that.

Double duh.

Labour will get a bigger measuring stick.

And "have a strategy". One that will not cause million dollar house owners a wink of sleep.

In the dazzling spectacle of the rock star economy, three plain old things are clear.

One, poverty is not going away anytime soon, because not enough people are moved to destroy it.

Two, "child poverty" is a euphemism. The Commisioner's report showed that about two out of five impoverished kids live in working families. Most New Zealand workers don't get paid enough. The real issue is not child poverty, it's working class poverty.

Three, if we're now in the land of the rock star economy, National and Labour are our Lost Prophets.

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On (Not) Taking Responsibility, Terrorism Porn, And Dylan’s 76th

So Martin Matthews, our current Auditor-General wishes he could have detected “earlier” the fraud that occurred on his watch at the Ministry of Transport. Hmmm. But he could have detected it earlier, surely? That’s the point.

Reportedly, some junior members of his staff had been trying to tell him and his senior colleagues in management for years about the fraudulent actions of Joanne Harrison... Not only were those internal alerts apparently ignored. Some of the whistle blowers were allegedly punished by losing their jobs, as Harrison and her colleagues in management took revenge on them... More>>

Auditor-General's Statement: Standing Aside for Review of Appointment
Yesterday, I wrote to the Speaker of the House of Representatives and requested an independent person review my suitability for the role of Controller and Auditor-General... More>>

 

NGOs Pleased: Govt To Halt Collection Of Client Data

Brenda Pilott, the chair of ComVoices and national manager of Social Service Providers Aotearoa, congratulates the government on its decision to call a halt to the collection of individual client data until the concerns of not-for-profit service providers have been worked through. More>>

ALSO:

Gosh: Blasphemy Law Repeal Struck Down

Chris Hipkins, the MP who tabled a Supplementary Order Paper to add our Blasphemy Law to the Statutes Repeal Bill, said this was a "sad day for freedom of speech, tolerance, and leadership". More>>

ALSO:

Gordon Campbell: On The Navy’s Dealings With Fat Leonard, And Twin Peaks

At an official level, our “she’ll be right” attitude routinely spills over into a keen resentment of anyone who suggests the outcomes may be less than satisfactory… The Navy has now gone one step beyond. It won’t even ask itself whether it did a good job. More>>

ALSO:

NZDF: Fifth Rotation Of Troops Heads To Iraq

The fifth rotation of New Zealand Defence Force troops left today for a six-month mission training Iraqi soldiers. More>>

ALSO:

Gordon Campbell: On The Demonising Of Iran

Will New Zealand still be willing to pursue its recent trade overtures to Iran, now that US President Donald Trump has used his speech in Riyadh to single out Iran as the main source of terrorism and instability in the Middle East? More>>

ALSO:

Pre-Budget Offers: Green Party’s New Plan Puts Kiwi Families First

The Green Party has a plan to help all Kiwi kids have a great start to life, by giving parents more financial support and more flexibility at work. More>>

ALSO:

 
 
 
 

Opening The Election Supporters

 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election