General Election:Socialist Policies Needed

Prime Minister Helen Clark has called the general election for November 8thhoping to win a fourth term . The general election date was of no real surprise as it was the much predicted date being the penultimate date with which the government could go to the country . The problem for the Labour Party is that it is well behind in the various opinion polls which give the National Party between 8% and 18% lead over the Labour Party. With such a lead in the opinion polls the Labour Party is most likely to be defeated.

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The 'R' word is back – Recession!

Statistics New Zealand (SNZ) confirmed what most of us have known for sometime that indeed we are at the beginning of a recession.

 

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The Scandal that is NZ Telecom

Privatisation, the embrace of the free market and the New Right idealogy in New Zealand. These were the policies of sucessive New Zealand governments during the 1980's and 1990's. First under Labour's "Rogernomics", and later continued under National. Telecom was one of many of New Zealand's important assets which were privatised in this era and has come to epitomise the disasterous consequences we are now facing.

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Labour Government Re-nationalises Railways

The Labour led government is to re-nationalise the railways after reaching an agreement to purchase Australian owned Toll Holdings rail and ferry operating business for $665 million, thus completing the wholesale re-nationalisation of all aspects of the rail and ferry network.


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Nationalise Auckland Airport

Finance Minister Michael Cullen announcement that the Labour coalition government was immediately tightening the country's overseas investment rules with regard to stopping strategic assets falling into foreign ownership was an initial setback to the Canadian Pension Plan Investment Board (CPPIB) in its attempt to take over Auckland Airport: the country's international gateway.

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