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Here are six reasons why our present National-ACT-NZ First government, although voted in by a majority of the Kiwis, has become irrelevant to the plans of the left:

1. Monetary Policy is set independently by the Reserve Bank. But increasingly, the RBNZ has re-interpreted its own mandate to allow it to venture into other areas, like environmental policy, all done regardless of what our Members of Parliament think. The way the Governor talks to the MPs at the Finance and Expenditure Select Committee, it appears he has little respect for them and their understanding of what he does.

2. The Courts increasingly don't give a fig about Parliament and have begun to consider themselves the paramount chiefs of law-making in the country. However, many of our judges are highly partisan, yet won't admit it, pretending they are unbiased arbitrators. If you believe that, you will believe anything.

3. The Mainstream Media, our Fourth Estate, has for many years now regarded parties like National, ACT and NZ First, as hostile to its interests and agenda. Our Mainstream Media has been waging a quiet coup on our present government ever since it was elected. It does not regard the new coalition as being NZ's legitimate government.

4. Our universities regard the new government as hostile to their agenda. Because it is. The reason is that universities have become agents of political change, and are presently altering their course prescriptions to indoctrinate, rather than teach the different sides to every issue, which is their job. Former Labour Minister of Finance, Grant Robertson, has more power than ever as Vice Chancellor of Otago University to push his own personal political agenda than he ever had in Parliament. He's the boss of Otago, whereas in Parliament he had to get the support of his colleagues & the House to pass laws.

5. The announcement by Te Pāti Māori to set up a rival Parliament was symbolic. Many of its supporters don't respect our existing one. At some level, our MPs are to blame. NZ is too centralized. Most decision-making goes through Wellington, a city in decline as folks leave, its streets become empty, its water supply leaks, its ferries run aground, its house prices fall, and its roads get clogged as it can't afford to build new tunnels. In nations like Switzerland, most decision-making is done at Canton level - they have different tax rates, varying from 22% to 45%. Competition is good, even for government institutions. It's not just Māori suffering from Wellington's centralization of power - it's all of us.

6. Our Members of Parliament are of declining ability & competency. MMP maybe to blame. You can get into parliament now without ever having won a seat and stood before the public to make your case. The people may not even like you. Your only talent can be to grease up the party hierarchy. Having worked in the office of an MP so you get to know everyone, then you can network your way onto the list. Ironically, our MMP was copied from Germany which at the time was the leading industrial nation in the world, after the US. Now Germany is in an awful state of economic and social decline. We copied a lemon.

Last year's election was a "cost-of-living" election. National's Chris Luxon was elected on the basis of his promise to reduce it. When New Zealanders are asked, "What are your biggest concerns?", top of the list is cost-of-living, followed by crime, inflation & health-care. Regards the PM's trip to Japan, barely a single Kiwi says their current concern is not enough foreign trade. Luxon's business trip there is not even to do a free trade deal. The deal we did with Japan & other Pacific nations, The Comprehensive & Progressive Agreement for Trans Pacific Partnership, was signed by the then Labour Minister for Trade & Export Growth David Parker, in 2018. NZ'ers now care about the cost-of-living, not trade. Being happy to see the bosses of ANZ Bank, part of the Big Bank Oligarchy ripping us off with big fees on a daily basis, open more branches in Tokyo is not something we are about to celebrate at the moment. Yet that is what PM Luxon wants out of his trip.

The PM should instead be focused on the causes of our high cost-of-living. A major reason is a lack of competition across a swathe of NZ's industries. From the banking oligopoly, to our limited number of International Airports that enjoy significant monopoly powers, to the supermarket duopoly, a construction industry dominated by a small number of firms, to our State-backed national airline with a near-monopoly on domestic routes, our Universities that come with government guarantees due to being "too-big-to-fail", and more, nearly every part of the NZ economy is now characterized by rip-off prices & greed-flation, not inflation. When Republican President Roosevelt came to power in the US, industry was dominated by “trusts”, whereby a group of affiliated firms handed their shares to a board of trustees to manage. In practice it meant any virtual monopoly. Roosevelt enacted anti-trust reforms that he saw in moral terms. He believed the greatest evil in the US was too much power in the hands of corporate America. His reforms were designed to avert a radical leftist reaction. Roosevelt battled JP Morgan, who had monopoly powers in rail-roads, and lectured him how he should support his reforms if he did not want a takeover of Wall Street by “the mob, the mob, the mob”. Unless the public believe the free market system is fair, legitimate, and not rigged in the favor of the few, it will be replaced with socialism by popular demand.

Meanwhile, back in NZ, our PM has taken a different path. Had Luxon been around in Roosevelt's times, would he have cosied up to J.P. Morgan, called him an "A-list", "senior" figure, wanted to be his mate, and invited him on state business trips? Probably. Luxon has revealed his preferred type of guest: CEO A-listers from the most concentrated industries in the land. They are the ones with whom he chooses to stand shoulder-to-shoulder. The folks with whom he travelled to Japan represent NZ big business at its worst - the cause of our high domestic costs. Who cares about their deals? How will they increase local competition We need many of the big outfits Luxon invited on his trip to disappear; not be strengthened by snuggling up to poiticians and lauded for being "A-listers" who know how to do a deal, unlike the rest of us. The PM didn't insult the folks who went on trips when Labour was in office by calling them "C-listers" - he insulted 5 million Kiwis by labelling us all losers. Our true business champions are not the CEO of Air NZ who crawled to the government for a bailout during Covid. They are not the bosses of NZ Super, Christchurch Airport, Auckland Savings Bank & Fonterra. They don't include the lawyers & accountants, many of whom are, or have been, partners in big law & accounting firms, who populate our corporate boards as CEOs & Chairs, yet know next-to-nothing about the industry. Whether it be building, telecoms, you name it, typically you'll find an accountant or lawyer as the big boss in NZ. These are the A-list non-producer, keep-our-monopoly-power, types embraced by our PM. National better get real or there will be a takeover of NZ by "the mob, the mob, the mob".


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Robert MacCulloch

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