Red Alert

Archive for the ‘trade’ Category

Beware English Bearing Greeks

Posted by David Cunliffe on May 5th, 2010

In terms of the daily cut and thrust of the House today, Bill English backfired (IMHO).  Comparing the New Zeland economy to that of Greece was wrong on every level.

First, there is no comparison.  Greece is far and away one of the most indebted countries in the OECD.  NZ is in the bottom third or quarter by various measures.  Greece has gross crown debt of 115% of GDP.  NZ had net crown debt of zero % under Labour in 2008, rising to 5% by election time due to the GFC.   NZ gross crown debt today is about 29% .    

Second, to the extent that NZ hit troubled waters in the GFC, most of that is on National’s watch.   That is not to blame them for the international crisis, but then theycannot blame Labour either – the whole argument is silly and circular, and patently so.

Third, NZ stacks up very well on the other aggregates too:  Greek unemployment nearly 11%.  NZ now 7.3%   NZ under Labour 3.4%.

Fourth, a Minister has no responsibiity for opposition policies anyway, and especially when he is simply making them up, as Mr Speaker confirmed.  That is simply outside Speakers Rulings. 

So what exactly was Bill English’s point?

Underneath this attempt at deflection is of course a deeper issue:  English is desperately trying to convince Kiwis they need to swallow savage service suts in health and education because the alternative is “Greece on steroids”… Really?  Or isn’t that just a teensy bit exagerated, Bill?

Of course prudent fiscal managment matters.  We have always said so.  Labour’s record on this is unimpeachable: Gross debt cut in half, net debt to zero; historic lows in unemployment; higher average growth over the decade than under National; the longest post war expansion on record etc etc etc.

Point is: fiscal prudence is a necessary but not a sufficient condition for a coherent economic strategy for good jobs and living standards and the other things that really matter to ordinary Kiwis.  That’s why labour is challenging National at the heart of the economic debate: on jobs and growth.   Why we are emphasising the need to close the other deficits in exports, savings, innovation and social issues.  On boosting valued added and clean technologies.

See the post below (Building to the Budget) for more detail.


Building to Budget 2010

Posted by David Cunliffe on May 4th, 2010

Based on what we have heard so far from the Government, Budget 2010 will not deliver the jobs and the future New Zealand needs.

Instead of jobs, it will reward the few at the top and put more pressure on many families and small businesses.

 The Government’s intention to raise GST on every New Zealand family will mean extra pressure when many are already finding it tough to make ends meet.

And borrowing to fund the tax cuts for the top end would be madness when Kiwis are being told to tighten their belts for another round of cuts to health, education and other front-line services.

Worse, fiddling with GST won’t tackle the real problems.  It won’t address the fundamentals that matter. 

 New Zealanders know our country is not paying its way.  We are not exporting enough.  Our current account is bleeding red ink.   Exporters are struggling to survive a wildly swinging exchange rate and unstable world markets.

Rather than saving and investing in real businesses that create value and jobs, Kiwis borrowed heavily to bid up each other’s property prices.

And when the Reserve Bank raised interest rates to cool inflation, it sucked in more hot money that just made that problem worse.  That’s why Labour is committed to rebalancing the economy to rebuild savings and exports.

The next Labour government will be different because we will focus on jobs, growing the economy and higher incomes for New Zealanders.

That means investing in our people, their education, and their opportunities to get ahead.

 It means boosting innovation, technology and R&D, and helping grow the new businesses that will be the stars of tomorrow.

 The real issue is how to grow wages and reduce the pressure on small business and family budgets. 

Labour will offer a better alternative, one that will put people first, act with integrity and plan for the longer term.

Labour believes that Budget 2010 should be about good jobs, a growing economy and a fair go for all.  Lets see how Bill English measures up…


Credit where credit’s due on ACTA

Posted by Clare Curran on April 19th, 2010

This is one of those times when the Opposition says the government’s done a good job.

Which I think it did last week in chairing the secret talks on ACTA (Anti-Counterfeiting Trade Agreement) and gently pushing for transparency. I think they’ve listened to the people who are raising serious concerns about the secret trade talks and the rights of citizens.

After more than a year of sustained pressure, the countries negotiating the Anti-Counterfeiting Trade Agreement (ACTA) decided that the time is right to release the draft text of their work.

The official announcement came yesterday after the conclusion of negotiations in New Zealand.

“There was a general sense from this session that negotiations have now advanced to a point where making a draft text available to the public will help the process of reaching a final agreement,” says the official announcement.

That’s good news for NZ, as our govt was pressing for transparency and the talks took place in Wellington.  Tim Groser, in a media release, said NZ had taken account of strong public interest and the talks would now be more accessible to the public. The text will be available from www.mfat.govt.nz on Thursday 22 April.

The next meeting takes place in June in Switzerland and the aim is to complete talks this year.

Trade Minister Tim Groser also announced late last week that New Zealanders’ views will be taken into account when the Government makes any decision about whether to join ACTA.

The ACTA trade deal is to set a new benchmark for enforcement of intellectual property rights but critics of the secrecy have argued it will infringe on digital rights, particularly those of non commercial peer to peer file sharers  and impose draconian rules aimed largely at protecting the interests of copyright holders such as movies and music companies.

The trade agreement is expected to include a “three strikes” policy, requiring internet service providers to block people who repeatedly breach copyrights. Labour opposes the disconnection from the itnernet which is proposed in NZ’s copyright law.

And finally, the publicACTA event a week ago before the Wgtn secret talks did make a big difference I think in raising public, media and general awareness among the negotiators of the public interest in these talks. Credit also to InternetNZ who organised them.

We will be looking at the text closely when it is released and watching progress.


Breaking news on ACTA talks

Posted by Clare Curran on April 17th, 2010

Breaking news on Canadian law expert Michael Geist’s blog:

The New Zealand round of ACTA negotiations concluded earlier today with participants promising to release the draft text next week. This obviously represents a major new development that reflects the mounting global pressure for greater transparency that built in the weeks leading up to the negotiations.

This is positive news. Just came across it. Will have more to say over the weekend. Hopefully the publicACTA (Anti Counterfeiting Trade Agreement) conference last Saturday had some influence along the resulting support from thousands of people around the world who signed the publicACTA petition.

Congratulations to everyone involved. Transparency is a first and important step in ensuring that a treaty on preventing international counterfeiting for commercial use is negotiated in public  and does not result in criminal prosecutions against private citizens who breach copyright for non-commercial purposes.


Why NZers should beware of ACTA

Posted by Clare Curran on April 12th, 2010

Michael Geist, Canadian law expert, says NZ is one of the most important countries in the world on copyright policy.

He talks about the enormous influence being wielded behind the scenes by the big copyright organisations, in the recording and movie industries and questions why they have so much power given that so many artists are now controlling their own works online.

Geist is in NZ because of the secret talks being conducted in Wellington this week, called the Anti-Counterfeiting Trade Agreement (ACTA).

If you’re interested in this issue listen to Kathryn Ryan interview Michael Geist on RadioNZ’s ninetonoon today. A good interview.


Opportunity knocks for a bit of leadership #ACTA

Posted by Clare Curran on April 11th, 2010

Will try to keep this short and snappy. I’m feeling hopeful this week that the Government will show us it’s got some balls.

After all, we have a fairly major international treaty (trade agreement) a bit hard to know what to call it, being negotiated in our capital.

The Anti-Counterfeiting Trade Agreement (and don’t be fooled by its name) is being negotiated in secret by the US, Canada, Japan, the European Union, South Korea, Mexico, Switzerland, Australia and New Zealand.

It claims to be about counterfeiting of goods. That’s a valid thing. But it’s not about counterfeiting. It’s about intellectual property and about placing limits on how the internet is used by citizens in all those countries to share information and create content.

Today I called on the government to show some courage and demand that the ACTA talks are made public. Most of the participating countries claim they want transparency.

Yesterday I attended a public conference organised by InternetNZ which drew together more than 100 NZ stakeholders alarmed that their rights and those of all NZ citizens will be compromised under this secret deal.

They released a declaration and a petition. I advise you to have a look. And to ask questions. And to sign.

Everyone reading this post, your families, your friends and colleagues could be affected.

No case been provided for this treaty.

New Zealand’s greatest strength (aside from our environment and our primary production sector) is our intellectual capital. That includes our capacity to be innovative and resourceful as well as creative.

We must nurture, protect and enable these strengths. We mustn’t trade them away and compromise our ability to be innovative by allowing a trade agreement that limits and threatens our creators. As well as the people who want and need to access material for non commercial use.

So I say to the NZ Government listen to what you are being told by your citizens and stand up for the public good.

I can’t put it better than the comment posted by  commentator Colin Jackson  on my last post Pay attention New Zealand:

What a pity international governments don’t seem to be able to make an agreement to ration finite resources like tuna, atmospheric carbon or fossil fuels, but instead devote their time to making an international agreement enforcing controls over something that costs no resources to copy.

There are a growing number of parliamentarians in the countries represented at the ACTA secret talks who are raising concerns and calling for transparency and for the true reasons for ACTA to be discussed in an open environment. It would be good to see those concerns expressed across our parliament.

PS: Not short but maybe snappy?


Pay attention New Zealand

Posted by Clare Curran on April 9th, 2010

Concern is mounting about the content of an international trade agreement on copyright being negotiated in secret at a conference in Wellington next week. All New Zealanders should pay attention.

The Anti-Counterfeiting Trade Agreement (ACTA) talks are ongoing. It’s Wellington’s turn next week. They’re being held in secret because dominant countries the US and Japan are refusing to allow the draft text of negotiations to be made public. Why is that?

ACTA is essentially about toughening the enforcement of a range of intellectual property rights. But what is the actual issue? Who needs protecting? And where is the public interest?

The NZ Government is calling for transparency. That’s good. It’s one of a a number of countries doing the same. But it doesn’t have enough clout. Concern has been mounting around the world over recent months about what these talks are about. Largely it’s been confined to the internet community. But it’s going mainstream, and it’s in our faces next week.

Last night, the TV3 website reported on a leak from Canada which suggests that Border guards would be allowed to comb through passengers’ personal computers, iPods and MP3 players looking for copyright protected material.

The leak says that the draft agreement – to be negotiated over five days in Wellington – would also place more responsibility on internet service providers to become content police who prevented users from sharing pirated content.

Punishment proposed for repeat offenders included a ban from the using the internet for up to 12 months.

Copyright legislation poised to come to the NZ Parliament does not go nearly as far as this. But it does include a provision to terminate internet accounts for repeat copyright infringers. The NZ Labour Opposition opposes this. For good reasons.

There are many questions to be answered around the ACTA talks on copyright and intellectual property.

For instance who will bear the cost of increased copyright enforcement? Who gains from it? And when will New Zealand do some economic analysis on what the net impact on NZ of ACTA would be?

In the meantime, the the digital economy bill was rushed through the UK parliament yesterday before the election. It goes a lot further than NZ’s proposed copyright laws.

Under the terms of the bill, internet service providers will be obliged to send letters to any of their subscribers linked to alleged infringements.

Copyright holders will be able to apply for a court order to gain access to the names and addresses of serious infringers and take action against them while ISPs would be able to suspend accounts of offenders.

A wave of opposition to this Bill is growing momentum. This is an interesting analysis

Why are law-makers heading down this route? It flies in the face of reality. What lies behind the Digital Economy Bill and ACTA?

The best thing the NZ Govt could do is to release its negotiating position to its citizens. Let’s all be in this discussion. Transparency is by far the best policy.

Background

ACTA is proposed as a plurilateral trade agreement for establishing international standards on intellectual property rights enforcement. It is being negotiated between the US, Canada, Japan, the European Union, South Korea, Mexico, Switzerland, Australia and New Zealand. Unfortunately, the negotiations have extended beyond trade and physical counterfeiting to potentially cover non-commercial infringement of copyright material by ordinary citizens and issues of digital rights management.

For more info see here


Fred Figglehorn and the disconnect on copyright

Posted by Clare Curran on April 8th, 2010

This is a good piece. Long but good. And if you even read part of it you’ll get the gist.

Titled The Digital Economy Bill: Fred Figglehorn, won’t you please come home? it’s about the disconnect between what many politicians think the digital economy is and what people actually engaged in it think it is (and what they do in it).

Fred Figglehorn (for those who don’t know) is this  fictional character created and portrayed by  Lucas Cruikshank  a teenager from Columbus, Nebraska, who created the character for his channel on You Tube.

I found out about Fred a while ago through my nine year olds who insisted I google him.

The videos are centered around Fred Figglehorn, a fictional 6-year-old who has a dysfunctional home life and “anger management issues”.

I think he’s weird, but my kids really like it and word about Fred has spread like wildfire, as these things do.

The points of the piece being:

  1. The digital natives of today are good at making stuff happen out of raw material
  2. They can come up with ideas that, like Lucas Cruikshank, can make home videos regularly enough to run a channel that has a million subscribers and gets nine million views.
  3. The internet is made for content creators. And they know how to communicate with each other
  4. Many of the organisations that have managed content in the past are threatened by this emerging creativity and challenge its right to exist. These organisations are intent on creating barriers and are inevitably becoming irrelevant as people find their way around the barriers
  5. There are enormous challenges for law makers in protecting content creators while enabling people to have access to it

This is very relevant to New Zealand right now in it’s contemplation of a new piece of copyright law.

And importantly, the wider context is a controversial international treaty called ACTA (the Anti-Counterfeiting Trade Agreement) that impacts digital rights and is being negotiated in secret meetings, the latest round being held in Wellington next week.

For more information on this go to this website

Here’s a Fred clip (bet you only last 30 seconds)

Hat tip: Glyn Moody twitter.com/glynmoody


Govt lip service to transparency on ACTA?

Posted by Clare Curran on March 25th, 2010

A couple of days ago, PC World ran a piece where Commerce Minister Simon Power was quoted saying NZ officials were ‘pressing for greater transparency’ in future Anti-Counterfeiting Trade Agreement (ACTA) negoitations.

He disputed media claims that the negotiations were being held in secret, saying agendas, reports and summaries for each of the seven previous ACTA rounds had been published on the Ministry of Economic Development website.

“As with any negotiation, however, it is important that when working towards an agreement on complex issues, participants are able to exchange views in confidence. For this reason, the participants in ACTA have agreed that the actual text under debate should be kept in confidence between the participants.”

ACTA did not focus on the private, non-commercial activities of individuals and would not impact on the internet experience of the average New Zealander, Power said.

“ACTA will not involve cutting internet access, and internet service providers will not be made to filter or monitor their networks.”

I’ve searched the National Party website for a media statement saying how and when he will do that, but can’t find anything. Am a bit unsure what he means. I guess it’s easy to say “I’ll press for more transparency” and then come back and say”Well I tried my best but it didn’t work”.

And today, writing in Computerworld, Juha Saarinen asks whether ACTA is harmless or a horror? He writes:

Is the Anti-Counterfeiting Trade Agreement (ACTA) a harmless attempt to quietly harmonise intellectual property laws and enforcement around the world, or a threat to civil liberties that will require fundamental legislative changes to implement?

The views of officials and lobby groups differ widely on what ACTA entails.

ACTA negotiations will be held in Wellington 12-16 April at the Intercontinental Hotel, according to a leaked agenda document. There is widespread concern in New Zealand and abroad about what is contained in those discussions and who is pushing what negotiating positions. New Zealand is not a big player, but we have considerable amount at stake.

InternetNZ’s Johnathon Penney says the spirit of the treaty will have to be adhered to under international law, and New Zealand can’t enact legislation that contradicts ACTA. As it stands, ACTA is essentially an extension of the US Digital Millennium Copyright Act or DMCA, according to Penney and introducing it will alter New Zealand law, especially the Copyright Act.

Simon Power needs to show New Zealanders how he will attempt to achieve more transparency in these talks. Not just pay lip service.


Will ACTA overtake our copyright laws

Posted by Clare Curran on March 22nd, 2010

Sometime in the next couple of weeks the revised Section 92A of the
Copyright Act will have its first reading in the House.

It took a long time for the government work out that it needed to revise S92A, then longer to decide how.

The big question now is, after all that work, involving a lot of participation by passionate stakeholders in the copyright debate, will it be superseded by  international law that takes the copyright issue out of the hands of our sovereign state.

In mid-April, at a secret location in Wellington,  the latest in a
series of negotiations of the Anti Counterfeiting Trade Agreement (ACTA) will occur. The intentions of ACTA are causing growing consternation around the globe.

Like the exact location of the meeting, the text of ACTA is a secret. We don’t know for sure what’s in it, but the latest leaks suggest that a goal of ACTA will create an extra-governmental body that effectively controls copyright law around the globe, with little input from the governments or the people
they represent.

The leaks suggest a new organisation would be set up to manage ACTA
after it was implemented, tasked with continuing to update ACTA’s rules
- sort of a parallel organization to WIPO which is part of the UN.

Michel Geist, one of the prominent international proponents of
transparency in the ACTA talks has factually blogged about the latest
leak here.

The big question is, having gone through the intense public discussion
of establishing a new law on copyright, will it be overtaken or subsumed
if New Zealand signs up to ACTA?

There’s a lot of water to flow under the bridge yet in the ACTA negotiations. But the difficulty of these issues and their potential to cut across national sovereignty highlights the need for transparency and public input.

New Zealanders need to be reassured that our negotiators have New Zealand’s best interests at heart, not just those of international copyright-holding organizations.

In a previous post I called for the NZ position on ACTA to be made
public to show real engagement and good will and that there is nothing
to hide.

I think that’s even more imperative now.

I’ve also put the following written questions to Simon Power:

Curran Clare : At what venue will the Anti-Counterfeiting Trade
Agreement be negotiated in Wellington between the 12-16th of April?

Curran Clare : Has the Minister refused to name the venue for the Anti Counterfeiting Trade Agreement in Wellington next month? If so when will he make the venue public, given the high degree of public interest in the issue

Curran Clare : Does the Minister support the European Parliament’s call to have full access to ACTA documents?


Positive signs on ACTA from NZ Govt; next step release NZ’s position

Posted by Clare Curran on March 2nd, 2010

Pleased to see the NZ Govt has today called for submissions on ACTA, the Anti-Counterfeiting Trade Agreement.

Commerce Minister Simon Power is calling for submissions on a range of intellectual property proposals in the digital arena to help develop the proposed Anti-Counterfeiting Trade Agreement (ACTA).

This is the third round of public consultations on ACTA, and New Zealand will be hosting Round 8 of the ACTA negotiations in Wellington from 12-16 April.

There’s been quite a lot of leaked information about ACTA in recent days. Here’s the latest from Michel Geist, based in Canada, who has the most comprehensive analysis.

NZ’s Nat Torkington has done an analysis of the NZ positions in the leaked document.

Indications are that ACTA is a less a trade agreement and more a treaty about intellectual property.

There’s also information out there now that those pushing for ACTA not be transparent are the European countries, Japan and the US. It’s good that NZ’s position has been for transparency.

It would be even better if NZ released its official position to New Zealanders before the negotiation round in Wellington in April. That would show real engagement and good will and that there is nothing to hide.


High tech sector a driver for the NZ economy

Posted by David Shearer on February 21st, 2010

Last week the TIN100 came out. It’s a magazine that follows the NZ high tech sector. It’s findings were once again remarkable. This sector is now a $6.6 billion industry. Its offshore revenue is larger than meat, wood or wool – 77% of that is generated from offshore. It continued to grow through the recession.

Its potential is obvious, not only as an exporter, but as a generator of smart knowledged based jobs. It harnesses Kiwi innovation, ideas and gets them out there, despite our geography. Remarkable stuff.

But it challenges the idea of many that NZ should stick to its knitting and continue to pour the bulk of our science investment in the primary produce / agricultural sector.

We need both.

The high tech sector has the potential to grow (without food miles), but it’s not going to happen over night. It needs further investment in science, support with capital and exporting. Most importantly it needs a realisation of the importance of backing innovators and what they are doing.

Australia recently gave a 45% tax break to its innovation companies for R and D. Don’t expect this government to come out with anything as forward looking.

Unlike our farmers, the people who run these high tech businesses can pick up and work anywhere in the world. We need them here for NZ.


Remember the source

Posted by Raymond Huo on February 6th, 2010

Yin Shui Si Yuan (????) or “when you drink from a stream, remember the source” – the Chinese proverb got me thinking about the state of the Chinese Community and wider communities in New Zealand.

Certainly that kind of mood was apparent among some of the 900 or so guests celebrating the Chinese New Year (falls on 14 February this year) at TelstraClear Pacific Centre in Manukau on Friday 5 February.

Surely, Minster for Ethnic Affairs Hon Pansy Wong had every right to praise her Government for boosting our country’s profile in China which culminated in Prime Minister John Key’s visit to China last April. The crowd cheered when she announced that “six Prime Ministers are going to Shanghai Expo in May”. But the excitement quickly died down when her slip of the tongue became obvious after she said the six Prime Ministers would include herself – she was meant to say six ministers.

Again, her Government had every reason to celebrate in that context because the value of our exports to China over the year ended June 2009 increased by 62% following a Free Trade Agreement with China. That is to say our exporters, our economy and certainly our Chinese counterparts have reaped the benefits of this deal.

Who took the initiatives? Labour. Who signed the FTA? Then Trade Minister and now Leader of the Labour Party, Hon Phil Goff.

In much the same vein, we should acknowledge that New Zealand has come through the recession largely because of the legacy of Labour’s prudent fiscal policies that dramatically reduced Crown debt. Another factor was the last Labour Budget which provided stimulus to counteract the international downturn.


Fonterra

Posted by Damien O'Connor on January 26th, 2010

The announcement that farmers have taken up about 1/3 of their entitlement to additional shares in their cooperative company is a good result given the circumstances. The levels of debt driven by hyped expectations of milk prices and banks throwing money at dairy farmers means many were never in a position to take up the 20% allocation. Some could say it has been planned this way so that the inevitable call for further outside capital will lead to the listing of Fonterra on the NZX. For investors and naive money traders this may seem like progress but for farmers it will lead to less money for milk and more for share dividends. This is all basic commercial opportunism and the board of Fonterra should be made to answer some hard questions before they are handed a mandate to move further forward on any capital restructure of New Zealand’s only fully owned multinational company.


We need greater transparency and freedom

Posted by Clare Curran on January 26th, 2010

Transparency in trade negotiations and internet freedom have taken centre stage internationally which I believe has important implications for NZ.

The New Zealand negotiators for ACTA, the Anti-Counterfeiting Trade Agreement, have now said publicly that “New Zealand is calling for greater transparency in negotiations”. In December, MED held two briefings on ACTA, these slides have been made available.

ACTA is currently being negotiated in secrecy. New Zealand is participating in the discussions along with Australia, Canada, the European Union, Japan, South Korea, Mexico, Morocco, Singapore, Switzerland and the United States. Red Alert posted on this before Xmas.

The NZ Herald reported in November that while the US government claims ACTA is about counterfeiting rather than major changes to copyright law, and shouldn’t be subject to public scrutiny, leaked versions of ACTA discussion papers seemed to indicate that copyright lobby organisations may have in fact turned treaty negotiations to suit their own agenda.

At the moment it seems like many of the countries are saying they’re calling for more transparency but they have to get the others to agree. The big question is, is this a tactic, to make it look as though they take it seriously, or is it real?

 The next round of ACTA negotiations kick off today in Guadalajara, Mexico today.  Transparency is on the agenda in Mexico, but it remains to be seen whether it will eventuate. It remains to be seen whether our negotiators from MED and MFAT mean it.

In the meantime, ‘Internet Freedom’ has now become a playing card in US foreign policy, in particular with regards to China and other oppressive regimes.

This has immediate implications for New Zealand, with regards to termination of people’s internet connections for copyright infringement which is included in the revised version of Section 92A of the Copyright Act and is considered by some to be included in ACTA drafts.

In her recent and significant speech on Internet Freedom, US Secretary of State Hillary Clinton said:

“the freedom to connect – the idea that governments should not prevent people from connecting to the internet, to websites, or to each other. The freedom to connect is like the freedom of assembly in cyber space.”

I’ve been writing quite a bit about this and thinking about the wider issue of the right of our citizens to equitably access the internet (which implies that they shouldn’t be cut off from access)

Hillary Clinton also said:

“The private sector has a shared responsibility to help safeguard free expression. And when their business dealings threaten to undermine this freedom, they need to consider what’s right, not simply the prospect of quick profits.”

 The full text of Hilary Clinton’s speech is here.

I’ll be watching how the ACTA negotiations play out.


Business opportunities from climate change

Posted by Trevor Mallard on January 21st, 2010

There are massive opportunites for NZ in developing and commercialising our expertise in green technologies. There was a workstream on it in MED when I was Minister in 2006/7. Brian Fallow has a good piece in the Herald today. I’m pleased that Stephen Tindall has continued to lead the private sector input.

As a mainly unrecognised example, Mighty River Power are probably the worlds leading company at developing renewable geothermal energy. There are lots of countries especially on the Pacific rim that will utilise that resource and we can both make money and a contribution to saving the planet at the same time by working with them. I like the idea of MRP doing international joint ventures in a similar way to their approach with Maori on trust lands in the central north island.


Fair cop Farrar: Mike’s done us proud

Posted by Clare Curran on January 21st, 2010

This year has had some odd beginnings for me. Here I am agreeing with David Farrar. Well actually, we agree on a number of issues I suspect. Just not some of the really fundamental ones.

Anyway, David drew attention on Kiwiblog to the fact that none of us  (on Red Alert) have congratulated Mike Moore on his appointment as NZ Amabassador to the US.

Of course Labour has made a statement in MSM congratulating Mike. But fair cop, we haven’t said anything here.

There’s two things to say. Firstly, it’s an honour and a measure of the man that he has merited such an appointment. It’s hugely significant and follows from his rather interesting, but stellar career as Prime Minister of New Zealand and Director-General of the World Trade Organization.

The second thing is to draw attention to his book Saving Globalisation launched a few months ago in Parliament. I haven’t had time to do more than flick through it, but it’s hugely interesting and informative and somewhat controversial.

Not just for those interested in globalisation, but for anyone interested in the state of progressive/social democratic ideas in a globalised world.

A recent review on Amazon puts the essence of the book like this:

Moore passionately believes that greater international economic engagement and interdependence driven by truly free trade can reduce poverty and promote more freedom and democracy throughout the world.

Weirdly, I’ve heard that the book hasn’t been reviewed in New Zealand. Not sure if that’s true, but if so, for goodness sake what’s wrong with us?

I don’t know Mike well. I’m newish to politics, he’s at another level. But we’ve had a couple of robust conversations (over fish and chips) and I like that he’s constantly thinking and challenging our ideas and political strategies. I’m looking forward to more robust discussions and think he retains enormous value in our Party, in our country. So congratulations Mike, keep on doing us all proud.


Does Keynes have any influence on the Government?

Posted by Raymond Huo on January 15th, 2010

That’s a question thrown to me recently at a cottage meeting in Auckland. Some said yes. Some said no, citing its cuts-everywhere-but-not-tax Budget in May. I don’t know. Nor did I understand the question fully.

John Maynard Keynes, as described in Wikipedia, was a British economist whose ideas have been a central influence on modern macroeconomics, both in theory and practice. He advocated that government intervention through fiscal and monetary measures is warranted to ensure economic growth and stability.

It is good to learn that our Reserve Bank is tightening its rules on the issue of core funding ratio (CFR) and encouraging our banks to compete much harder for term deposits.

In recent years, New Zealand banks have had an unusually high proportion of offshore debt maturing within one year. The failure of Lehman Brothers in September 2008 and similar stories of the troubled British bank Northern Rock highlighted the intrinsic problems, such as the vulnerability of any banking system in that situation to a severe global liquidity shock.

As Bernard Hickey noted in the NZ Herald  http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10618147 that if financial markets froze, ”our banks would not be able to roll over their debt.”

The Reserve Bank has therefore set the 75% minimum CFR as “a challenging but achievable” target for our banks, to ensure a higher proportion of stable funding and a reduced reliance on short-term offshore funding.

(more…)


ACTA, secrecy, Copyright and delays

Posted by Clare Curran on December 16th, 2009

Word is the Government will finally release its re-write of Section 92A of the Copyright Act today. If they do, it’s about time. If they don’t, then there should be a clamour for its release. The issue has been plagued with delay and speculation, just like so many other things this government has been doing (or not doing).

A couple of weeks ago I quizzed the Ministry of Economic Development (MED) in the Commerce Select Committee about why there were delays in releasing the Copyright provisions, and whether the delay was linked to ACTA negoiations. They said the delay was not due to ACTA but to challenging institutional and budgetary issues. I have since lodged further questions to MED asking what those issues are. Haven’t heard back yet.

ACTA is the Anti-Counterfeiting Trade Agreement (ACTA) currently being negotiated in secrecy. New Zealand is participating in the discussions along with Australia, Canada, the European Union, Japan, South Korea, Mexico, Morocco, Singapore, Switzerland and the United States. Red Alert posted on this two weeks ago.

The NZ Herald reported in November that while the US government claims ACTA is about counterfeiting rather than major changes to copyright law, and shouldn’t be subject to public scrutiny, leaked versions of ACTA discussion papers seem to indicate that copyright lobby organisations may have in fact turned treaty negotiations to suit their own agenda.

This morning, MED held two hour long sessions on the ACTA negotiations. They called them consultations, but basically told the attendees (The Labour Opposition wasn’t invited) why they couldn’t make the text of the negotiations public. However, I understand they did say, in response to questioning, that the  ACTA, Free Trade negotiations and Copyright provisions all derive from the same policy settings. Sounds linked to me.

The big question around Section 92A is whether termination of an internet connection is included as a penalty for repeat copyright infringement.

Also, what mechanism and process will be used to deal with copyright infringements, will it be the Copyright Tribunal? If so, how much will it cost and who will pay for it?

And despite the Government’s protestations to the contrary, it does appear that the ACTA negotiations are linked to the Copyright infringement process. There are more ACTA negoiations in Mexico in January and in April they will be held in Wellington. Labour has asked for a briefing from MED. Haven’t heard back from them yet.


What’s the need for secrecy?

Posted by Clare Curran on December 4th, 2009

In the interests of transparency and public interest, the New Zealand Government should reveal the text of recent secret discussions in South Korea on the Anti-Counterfeiting Trade Agreement (ACTA).

In the interests of transparency, I will release today the content of discussions held last week in the Commerce Select Committee on this issue. The transcript was only made public this week.

There’s a lot of agitation and unease building around this locally and overseas, in light of the unknown outcome of the Government’s re-write of controversial Section 92A of the Copyright Act which is overdue for release. People have been speculating that the delay is linked to the ACTA discussions. The Government has said it isn’t.

Labour is keen for public discussion and input on ACTA, and for the government to acknowledge this and release the content of the negotiations to date.

New Zealand is participating in the discussions along with Australia, Canada, the European Union, Japan, South Korea, Mexico, Morocco, Singapore, Switzerland and the United States.

The NZ Herald reported in November that while the US government claims ACTA is about counterfeiting rather than major changes to copyright law, and shouldn’t be subject to public scrutiny, leaked versions of ACTA discussion papers seem to indicate that copyright lobby organisations may have in fact turned treaty negotiations to suit their own agenda.

Labour has taken a strong position on copyright this year, understanding the importance of public discussion and the needs for all stakeholders to be taken into account and a fair outcome reached.

To view what was said by the Ministry of Economic Development officials in last week’s select committee click below.

Further questions submitted from the select committee to MED are here. (more…)