This perspectives document should be viewed as an addendum to the 2015 document. As the general processes outlined in the previous document are apparent in the present situation.
The New Zealand economy is still showing signs of weak growth of about 3% GDP per year in 2015. As previously explained the majority of the economic growth is a result of re-building earthquake ravaged Christchurch, property bubbles in both Auckland and Christchurch and economic growth not based on the productive sectors of the economy. Auckland's speculative property bubble is due to a shortage of housing and capitalist market failure to provide people with a basic human need – shelter. Auckland is not able to cope with population growth as a consequence of record inward migration.
New Zealand's economic situation is changing for the worse, as the general crisis of world capitalism is unravelling and China's growth is slowing down affecting the whole of the Pacific and Austrialia in particular. Austerity policies are being carried out by the National Party-led government, undermining the political support for the right wing and creating the conditions for an intensification of the class struggle in the period ahead. This perspectives document should be viewed as an addendum to the 2014 document, as the general processes outlined in the previous document are apparent in the present situation.
Dirty politics. It's the name of a book by investigative journalist Nicky Hager. In it he claims that government ministers, including Judith Collins, passed on intelligence and other private communications about certain individuals to the controversial right-wing blogger Cameron Slater, known by his blog name Whaleoil. The book has highlighted a lot of the dirty and underhanded techniques used by this National-led government to undermine their critics though it has created some controversy in that the book has mostly reprinted e-mails that were hacked or otherwise obtained using dubious, possibly even illegal, methods.
The 20 September 2014 was a bad day for the working class of New Zealand. For New Zealand workers the re-election of a National government, and for the first time under MMP with an absolute majority, does not bode well for the future of workers living standards and conditions of employment, as well as the poor.
This perspectives document is a Marxist analysis of New Zealand. Such an analysis provides Marxists with a guide to the developing situation of the country. This perspective document is not intended to be a blueprint of future events which is beyond the scope of scientific socialism and nor is it our intention to present it as such.