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Social Credit - Latest News [Page 1]
Social Credit Leader Passes Away
Friday, 20 January 2023, 7:09 pm | Social Credit
The leader of the Social Credit party, Chris Leitch, passed away this morning after a long battle with neck cancer. He is survived by his wife Anne, son Andrew, two stepdaughters Tracey and Darian, and brother Tim. Mr Leitch was a long time activist ... More >>
Reserve Bank Picks Taxpayer’s Pockets To Boost Commercial Bank Profits
Wednesday, 5 October 2022, 4:25 pm | Social Credit
The Reserve Bank is digging deeper into taxpayers pockets to increase the profits of investors and commercial bank shareholders with today's lifting of the Official Cash Rate. That OCR rise will see the bank (read taxpayers) paying the commercial ... More >>
Full Government Ownership Of Kiwibank Welcomed
Monday, 22 August 2022, 2:52 pm | Social Credit
The move by Finance Minister Grant Robertson to take full government control of Kiwibank is fantastic news – for the bank’s customers and the New Zealand economy. The bank faced the very real prospect of having some of its shares sold off to private ... More >>
OCR Hike Will Add Millions To Bank Profits
Wednesday, 13 July 2022, 1:37 pm | Social Credit
Reserve Bank Governor Adrian Orr should start focusing on the needs of New Zealanders instead of how he can deliver more profits into the hands of the wealthy shareholders of the country's commercial banks. Today’s increase in the Official Cash Rate will ... More >>
Labour’s BSHIT Budget
Friday, 20 May 2022, 1:50 pm | Social Credit
Bank shareholders, speculators, investors, and ticket clippers will be partying for days over the enormous profits they’ll be expecting following Labour’s budget reveal yesterday. After a 48 percent increase in profits in 2021, banks in particular ... More >>
Don’t Demolish The Refinery – Public Meeting
Thursday, 21 April 2022, 6:48 pm | Social Credit
A public meeting being held in Whangarei on Sunday will feature five speakers representing key players trying to get the government to take action to keep the Marsden Point oil refinery in operation. Craig Harrison is secretary of the Maritime Union which ... More >>
OCR Hike Will Add To Inflation And Hurt Less Well Off
Thursday, 14 April 2022, 5:33 am | Social Credit
The orthodox attempt by the Reserve Bank to control inflation by lifting the Official Cash Rate by 50 basis points will hurt beneficiaries, superannuitants, and the low paid with a double whammy effect as businesses recover their additional interest ... More >>
Refinery Will Be Dismantled Before Petition Reported
Tuesday, 15 March 2022, 1:52 pm | Social Credit
From: Chris Leitch , Leader Subject: Refinery will be dismantled before petition reported The Marsden Point oil refinery will likely be dismantled before Parliament’s Petitions Committee tables its report on an 18,300 signature petition calling for ... More >>
Fuel Tax Cuts Way Too Tentative
Tuesday, 15 March 2022, 6:33 am | Social Credit
The reduction in fuel taxes announced by the government today are welcome but are an incredibly tentative step given the enormous increase in fuel prices in the last few weeks due to the Russia - Ukraine war and general inflation. The government could ... More >>
Invited Guests Should Boycott Refinery Celebration
Tuesday, 8 March 2022, 10:35 am | Social Credit
A party for invited guests being held at the Marsden Point Oil Refinery on Friday to celebrate its closure has been slammed as hypocritical, insensitive, and insulting. The plant has not even been closed yet, but a select group of guests has been invited ... More >>
Bank Shareholders Will Be Popping The Champagne Corks
Friday, 25 February 2022, 12:33 pm | Social Credit
Bank shareholders will be popping the champagne corks and toasting the Reserve Bank for its decision to raise the Official Cash Rate. Banks currently have $40 billion in reserves sitting in their accounts at the Reserve Bank on which the Reserve Bank ... More >>
Time For Mallard To Step Down
Wednesday, 16 February 2022, 6:56 pm | Social Credit
We support the National Party in its lodgement of a motion of no confidence in Trevor Mallard as he has brought the office of Speaker of the House of Representatives into serious disrepute. He has displayed the same childish behaviour his predecessor Kerry ... More >>
Petition – Keep Kiwibank In Government Ownership
Wednesday, 16 February 2022, 6:34 am | Social Credit
Social Credit has started a petition to ensure that Kiwibank remains in 100 percent New Zealand government ownership. A review of the bank's ownership has been instituted by Treasury using outside consultants Goldman Sachs. The review could potentially ... More >>
5000 Hectare Huiarua Station Sale Invites Patagonia Fires To East Coast
Friday, 14 January 2022, 12:13 pm | Social Credit
Social Credit is calling on the government to step in and stop the sale of Huiarua Station on New Zealand’s East Coast. If the sale to foreign buyers gets overseas investment office approval, the 5000 hectare farm will be turned into pine trees, ... More >>
Call For Kiwibank To Drop Rates
Friday, 7 January 2022, 6:21 pm | Social Credit
Social Credit is calling on Kiwibank to drop its lending rates, particularly for first home buyers and small and medium businesses. As a bank owned by all New Zealanders Kiwibank has a responsibility to take into consideration social factors rather than ... More >>
Sack Kiwirail Board And CEO
Monday, 20 December 2021, 7:01 pm | Social Credit
Social Credit is calling on the government to sack the board and the CEO of Kiwirail following today's announcement that all its long distance passenger services are going to be cancelled. We also want the government to put in sufficient funding to ... More >>
Biofuels Mandate The Ultimate In Hypocrisy
Wednesday, 15 December 2021, 5:51 pm | Social Credit
Today's announcement by Energy and Resources Minister Megan Woods of a biofuels mandate for the transport sector is the ultimate in hypocrisy when she is not prepared to take action to keep the Marsden Point oil refinery operational. Marsden Point ... More >>
Punishing Doctors Is Actually Punishing Patients
Sunday, 5 December 2021, 4:43 pm | Social Credit
The government’s refusal to let GPs, midwives, and other specialist medical staff who are unvaccinated continue to work has no medical foundation and is simply punishment because of their refusal to be vaccinated. That situation has nothing to do with ... More >>
Fuel Price Will Increase With Refinery Closure
Friday, 26 November 2021, 11:02 am | Social Credit
On the eve of presenting an 18,000 signature petition for parliament to National’s acting leader, Shane Reti, Social Credit leader Chris Leitch is predicting the price of fuel will increase once the refinery shuts down. That increase will be felt across ... More >>
Refinery Rethink Welcomed But Still Shortsighted
Tuesday, 2 November 2021, 3:50 pm | Social Credit
Social Credit welcomes the release of the government’s rethink on the potential closure of the Marsden Point oil refinery, but calls the cabinet paper “lacking in depth and missing significant wider issues that it should have considered”. ... More >>
