Follow the Union money

The Owl has been looking at union funding. What you are about to read is seriously concerning especially considering that the only regulatory oversight of unions is the Societies and Trusts Registrar. We are talking about hundreds of millions of dollars of members monies.

Top 7 Union Subscriptions collected 2012 – $78,527,964.00 ($78M)

Taken from their latest annual reports – you can see why Unions should be excluded from Parliament and the Greens were correct to exclude them in their draft bill. $78M buys a lot of lobbying.

PSA        $16,804,637

NZEI       $17,402,592

NZNO     $14,237,227

EMPU     $10,519,668

FIRST      $5,638,256

SFWU     $4,993,078

NZPPA    $8,936,506

Total       $78,527,964 Annual Subscriptions

Yes everyone… the top 7 NZCTU collected $78,527,964.00 as detailed in their latest annual accounts.

The Owl would be happy to say that the combined collection of all NZCTU affiliated Unions subscriptions would be close to $100M every year – over 10 years that is $1,000,000,000.00 ($1BN).

Observation by the Owl.

It is a big number – but hey I am not a member so I guess well done Unions. (62% of the PSA subscriptions were spent on Union salaries and wages).

The Owl draws no other conclusions and all information is available in the public domain. Joining dots is a lot of fun. Helen Kelly is still my favorite Unionist and I kind of like Matt McCarten as well.

Finally someone asked why I don’t reveal who I am…will the answer is simple, I don’t get paid for any of this so I don’t have a paymaster and don’t benefit financially. Secondly I only post on WO and WO has total editorial rights – if he doesn’t like what I write then he doesn’t print (he has done this before). Finally – as I always have said – Gary Parsloe and Helen Kelly invited me as a taxpayer and ratepayer to save our ports (among other things the government has got wrong) – and post on facebook, submit to on-line polls, union websites and generally anywhere which would get the public attention about political issues – I chose WO.

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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.