Gordon Campbell on the Aussie banks’ latest excuse for jacking up bank fees
When the Reserve Bank sought feedback on requiring the country’s major banks to raise their capital reserves then you might have expected the banks to whine and complain.
Finance
Gordon Campbell on yesterday’s cosmetic banking reforms
An extraordinary level of profit-taking still being extracted by the Australian Banking Gang from ordinary New Zealanders.
Gordon Campbell on our Wild West banking culture, and Iran’s role in Armageddon
David Hisco’s nine years as CEO of ANZ (while his expense claims went by unbothered by board oversight) has been a weird echo of the nine years of social neglect by the previous National government.
Gordon Campbell on asking the banks to be nicer to farmers
Farm debt in New Zealand has exploded by 270% in the last 20 years, to around $63 billion.
Gordon Campbell on the government’s feeble response to loan sharks
When it comes down to protecting the most vulnerable, Parliament can sometimes move at glacial pace, and do the bare minimum.
Gordon Campbell on bank scandals and air crashes
Libor. It stands for the London Interbank Offered rate. Back in 2012, Libor became synonymous with a scandal involving the dodgy manipulation of how interest […]
Gordon Campbell on the govt’s token plans for cyber-security
Basically, the world is divided into two types of people: those who think the Panama Papers illustrate the bad shit that some people do, and […]
Gordon Campbell on not crying foul, Argentina
So a couple of guys found to be criminally liable of environmental pollution in Argentina lodge an application with the Overseas Investment Office… in order […]
Gordon Campbell on Trump and the Madman Theory
Years ago, Richard Nixon explained to his chief adviser Bob Haldeman what has since become known as the “Madman Theory” of foreign policy. Basically, if […]
Gordon Campbell on the political tokenism of the government’s response to the Panama Papers
Image by Grant Buist Prime Minister John Key could have dealt with the clamour for an independent inquiry into the Panama Papers scandal in a […]
Gordon Campbell on the (missing) US links to the Panama Papers, and Merle Haggard
Belatedly, US complicity in the global tax avoidance systems is now trickling out into daylight. To some, one of the suspicious aspects of the scandal […]
Gordon Campbell on living in denial about the Panama Papers
So now we know why New Zealand won all those awards for being the ‘easiest place to do business.’ Evidently, foreign firms that register in […]
Gordon Campbell on the government’s impotence towards the banks, and Iran
One of the defining features of this government’s political style is how often Prime Minister John Key chooses to sound like a mere observer of […]
Gordon Campbell on the Aussie banks, and patriotic death porn about the flag
If the New Zealand economy was a tennis player, it would be Maria Sharapova – a player reportedly reliant on artificial stimulants, and corporate endorsements. […]
Gordon Campbell on China, Oscar racism and Kate Tempest
China, China, China… Donald Trump is not the only one obsessed with the Middle Kingdom these days. For the past year or more, countries have […]
Gordon Campbell on the myopia of the business news
Listening to the business news is a bit like eavesdropping on the radio transmissions from space aliens. There is no discernible connection between the concerns […]
Gordon Campbell on China’s devaluation, and Wolf Alice
As China’s currency takes the down elevator towards the basement – and after two days of decline no one knows how far down it will […]
Gordon Campbell on the deal over Iran’s phantom nukes, and nuking Greece’s future
Though it isn’t being mentioned, Islamic State was really the elephant in the room in the final phase of the decade-long negotiations on Iran’s nuclear […]
Gordon Campbell on the crisis in Greece
Greece, as the cradle of democracy, is getting no brownie points for actually practicing it. The decision by the Greek government to go back to […]
Gordon Campbell on why the Reserve Bank has cut interest rates
All hail Graeme Wheeler. Because at some point this year, the government appears to have contracted out all the major decisions to do with running […]
Gordon Campbell on the Cullen Review of our security service
Whatever the conflicts and point scoring between them on other issues, National and Labour have always spoken virtually as one on free trade and the […]
Gordon Campbell on the Reserve Bank’s call to arms about the Auckland housing crisis
The ‘crisis – what crisis?’ response by the government to the Auckland housing price bubble is no longer acceptable. So says Reserve Bank governor Grant […]
Gordon Campbell on dollar parity with Australia, and disarming Israel
As the New Zealand dollar edges towards parity with the Aussie dollar, it seems facile to treat this as some game of Transtasman arm-wrestling that […]
Gordon Campbell on John Key’s ‘blame it on Judith’ strategy
Right now, Prime Minister John Key seems intent on limiting the scope of any inquiry into his government’s dealings with Cameron Slater. The declared aim […]
Gordon Campbell on National’s housing assistance plan
So, as many as 90,000 people could derive some benefit from National’s housing assistance plans for low and middle-income earners. As much as $218 million […]
Gordon Campbell on Steven Joyce’s student loans debacle
Gordon Campbell on Steven Joyce’s student loans debacle By Gordon Campbell Of all the ways of trying to save “up to” $60-70 million – and […]
On bank profits, and Gerry Brownlee’s asset sales plans for Christchurch
Click for big version. The news that the banks in New Zealand have returned to their pre-global recession levels of profit comes as no real […]
On why even financial analysts are jumping ship on the asset sales plan
Barring a miracle, John Key will be getting the green light in 48 hours time to sell off a 49% stake in several of our […]
On the riots in Britain
So far, reaction to the riots in Britain has moved beyond the initial phase of surprise and bewilderment – goodness, the New York Times wondered, […]
On Barack Obama’s debt deal
If nothing else, Barack Obama’s tactics during the debt ceiling crisis have clarified how he plans to run for President next year: not as a […]