Posts by Sacha
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Hard News: An open thread while I'm down…, in reply to Simon Grigg,
Apparently it's about protecting struggling artistes not multinational corporates, you know.
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Brian Fallow reports latest wage stats.
Wage and salary earners' incomes only outstripped inflation in the past year because they worked longer hours, figures released yesterday show.
...So in real or inflation-adjusted terms average hourly earnings fell 0.2 per cent and households' labour income only rose because of a 1.6 per cent increase in paid hours.
However, of the 3.1 per cent annual increase in average hourly earnings 1.2 percentage points occurred in the June quarter.
"The Reserve Bank will not be able to ignore the increasing threat of wage inflation," Infometrics economist Matt Nolan said.
...Last week's official cash rate review included a plea from Governor Alan Bollard for wage and price-setters to focus on underlying inflation, which the Reserve Bank estimates is running at less than 2.5 per cent, rather than the "headline" rate of 5.3 per cent.
Just ignore your own experience of basic prices rising way faster than that, folks. And what would the Salvation Army know anyway.
Low-income families in one of New Zealand’s poorest suburbs are facing far higher increases in their weekly grocery bills than the reported consumer price index rise.
The Salvation Army’s Consumer Price Survey (attached) of prices at a South Auckland supermarket, released today, shows a typical sole-parent family has seen a 9.1 per cent jump in its cost of living in the last year.
The Salvation Army has been monitoring the cost of the same basket of food, cleaning and personal hygiene products from the same South Auckland supermarket every quarter since June 2008.
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Hard News: An open thread while I'm down…, in reply to Simon Grigg,
These days someone would ping the protesters for performing rights fees
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Hard News: An open thread while I'm down…, in reply to merc,
It's hard to maintain any policy without electoral support (however ill-informed it might be).
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Hard News: An open thread while I'm down…, in reply to merc,
Their allegiance lies elsewhere
The public or the pollies?
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Hard News: An open thread while I'm down…, in reply to giovanni tiso,
We have one of the most punishing and cynically uncaring systems in the developed world, when it comes to access to services.
Interesting how easily our politicians can encourage a punitive response from the public that some things are a "lifestyle choice" and that the system's default setting should therefore be distrust.
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Hard News: An open thread while I'm down…, in reply to Simon Grigg,
Don McGlashan was standing across the road and the crowd were seemingly unaware of the writer.
Ahem. He composed the music but Richard von Sturmer wrote the famous lyrics.
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Hard News: An open thread while I'm down…, in reply to Kumara Republic,
a borderline Aspergian
oh go on, commit :)
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Muse: NZIFF Rant: A Diva's Place Is On…, in reply to Russell Brown,
warm-up act
Someone buy the man a drink. Early.
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OnPoint: Easy as 1, 2, 22.8 billion, in reply to Kumara Republic,
getting media training
I doubt any journos are fond of that