Social Credit - Latest News [Page 2]

Call For Govt Buy-out Of Aluminium Smelter

Tuesday, 14 July 2020, 7:33 am | Social Credit

Social Credit is calling on the government to step in and purchase the Tiwai Point aluminium smelter and turn it into an SOE, issuing non tradable shares to every New Zealand citizen. It should offer just $1 for the purchase and then plough money into ... More >>

Potential ISDS Problems Post Covid-19

Monday, 29 June 2020, 12:41 pm | Social Credit

"The presence of investor - state dispute settlement provisions in international treaties is likely to cause major problems in the post - Covid 19 world," John Ring, Social Credit Spokesperson on Foreign Affairs, said today. "One of the ... More >>

Orr Challenged To Provide Evidence

Thursday, 28 May 2020, 6:04 pm | Social Credit

Social Credit leader Chris Leitch is calling for Reserve Bank governor Adrian Orr to produce the specifics on why he claims current legislation governing the Bank would prohibit it from “money financing” - creating money to finance emergency ... More >>

National’s Stance On Benefit Payments Hypocritical

Tuesday, 26 May 2020, 4:15 pm | Social Credit

For the party with a long established record of cutting benefits, aiming for balanced budgets and promoting strict fiscal responsibility, National’s bleating about unemployment benefit payments being unfair is the ultimate in hypocrisy. National is crying crocodile ... More >>

Bagrie’s Solution An Own Goal

Thursday, 14 May 2020, 7:43 am | Social Credit

The suggestion by former ANZ bank chief economist Cameron Bagrie that the retirement age should be raised to help with the government's fiscal repair job seems like a massive own goal. What Mr Bagrie is suggesting is that older people will be required ... More >>

New Health Funding Applauded

Tuesday, 12 May 2020, 2:47 pm | Social Credit

The additional $4 billion in health funding and an increased budget for Pharmac are fantastic moves which Social Credit has been calling for, for a long time. In 2018, nurses went through a prolonged series of strikes in order to get better wages ... More >>

Economic Policy Launched

Friday, 8 May 2020, 4:37 pm | Social Credit

Social Credit has released a $20 billion economic policy programme for this year’s general election. Reclaim Our Future will be launched with full page advertisements in major newspapers on Saturday. As the country moves out of the Covid-19 lockdown, ... More >>

Boards, Top Executives And Politicians Need To Take A Cut Too

Tuesday, 7 April 2020, 11:32 am | Social Credit

He Waka Eke Noa – We are all in this together, according to the Prime Minister. Except that we’re not…………………….. After pressure from employees, Fletcher Building executives have shown the way with their decision to take a 30 ... More >>

Government Called On To Pay The Country’s Next Rates Bill

Thursday, 2 April 2020, 9:20 am | Social Credit

The government needs to step up and pay the next rates instalment to councils on behalf of property owners and businesses as part of its economic support package. People are facing unprecedented financial stress directly due to the measures implemented ... More >>

No Cheques At Kiwibank Exposes Senior Customers To Covid-19 Risks

Monday, 23 March 2020, 11:04 am | Social Credit

In a letter sent to Kiwibank CEO Steve Jurkovich and board chair Jon Hartley today, we have called on Kiwibank to re-instate the use of cheques as a method of payment to lessen the risk of its senior customers being exposed to the Covid-19 virus. International ... More >>

Bernard Hickey Recommends Using Social Credit Economic Policy

Thursday, 19 March 2020, 3:20 pm | Social Credit

In May last year Treasury suggested the government and the Reserve Bank might have to consider ‘unconventional tools’ like Quantitative Easing and helicopter money, both of which are similar to Social Credit economic ideas. The Reserve Bank this ... More >>

Banks Should Suspend Customer Payments On All Loans

Thursday, 19 March 2020, 10:38 am | Social Credit

The country's banks should suspend customer payments on all loans, overdrafts, and other advances for a minimum of three months commencing 1st of April. This should include all finance companies owned by or attached to any of the banks. Interest ... More >>

Recovery Package Could Have Cost Taxpayers Zero

Tuesday, 17 March 2020, 3:40 pm | Social Credit

Taxpayers will directly fund bigger profits for the shareholders of banks and other overseas financial institutions as a result of the economic rescue package just announced. Taxpayers already pay approximately $4 billion dollars every year in interest payments ... More >>

Reserve Bank’s ‘unconventional Tools’ Needed Now

Monday, 16 March 2020, 12:57 pm | Social Credit

The Reserve Bank needs to dig into its arsenal of ‘unconventional tools’ now and start directly purchasing new government issued bonds. That would provide the government with a source of debt-free zero-interest money that it could use to fund ... More >>

Reserve Bank’s ‘unconventional Tools’ Are Conventional Elsewhere

Wednesday, 11 March 2020, 1:00 pm | Social Credit

Yesterday’s announcement by Reserve Bank governor Adrian Orr that the bank would consider ‘unconventional tools’ like buying government bonds, would come as a shock to the governors of the central banks in Canada, Japan and China. Finance Ministers ... More >>

Government’s infrastructure plans rob poorest kiwis

Wednesday, 29 January 2020, 9:53 am | Social Credit

New Zealanders waiting for hip and knee surgery and other medical procedures, families struggling to put food on the table, and the rural sector, will be funding increased profits for banks and corporate investors following the government’s $12 billion ... More >>

Airport screening for Coronavirus needed now

Tuesday, 21 January 2020, 4:50 pm | Social Credit

New Zealand health authorities’ decision not to screen at the country’s airports for the Coronavirus emanating from China is like passengers on the Titanic being told not to worry because the ship was unsinkable. More >>

Kiwis Should Move Their Accounts to a NZ Owned Bank

Wednesday, 1 January 2020, 9:57 am | Social Credit

Kiwis should make a New Year’s resolution to move their bank accounts to Kiwibank, or one of the other wholly owned New Zealand banks, said Social Credit Leader Chris Leitch. More >>

Social Credit Promises Action On Christchurch Rail Plan

Tuesday, 31 December 2019, 8:24 am | Social Credit

The government’s recently released draft NZ Rail Plan totally ignores the need for passenger rail in Christchurch. More >>

Productivity Commission Recommends Milking Ratepayers More

Friday, 13 December 2019, 8:09 am | Social Credit

If the Productivity Commission's report on local government funding, released yesterday, had been relied on by NASA as the basis for getting astronauts to the moon, its greatest achievement by now would have been launching a $2 skyrocket 40 feet into the air ... More >>