web analytics
The Standard

A float with no %name%

Written By: - Date published: 6:17 am, April 16th, 2013 - 44 comments
Categories: Privatisation - Tags: , , ,

The Nats have spent $48.7 Million of our money “preparing” Mighty River Power for sale, and they couldn’t even get the very basics right. Toby Manhire posted this story last night:

Would you buy shares in a company that can’t run a mail merge?

Mighty River Share offer email goes out with generic field names.

… [The government] appear to have sent everyone who pre-registered for the first of the controversial partial asset sales an email with no personal information whatsoever – including the personal information essential for buying the things.

The email looks like this:

mrpoffer1
 
Brilliant.

44 comments on “A float with no %name%”

  1. Dv 1

    Did the GSCB prepare the email?
    Or is this an example of a weapon of mass destruction.

  2. vto 2

    ha ha ha

    How surprising. Firstly, you could register your dog or anyone else or even non-existent people as interested in the float and now this happens.

    It is entirely in line with every other governmental failure lately. Witness Mai Chen’s description of the evil EQC in Christchurch yesterday.

    The government is incompetent. And this government is also dishonest and corrupt. Best thing is to avoid government as much as is possible – useless twats wandering around like some big dopey bozo standing on people’s toes, accidentally knocking people over and grinning toothless and cross-eyed.

    • Colonial Viper 2.1

      The government is incompetent.

      Yeah, it is in many ways. But what they’ve actually done is fucked the public service and chosen a whole lot of the wrong consultants and contractors, so there is no one capable left to hide the fact any more.

      • vto 2.1.1

        Yep, I wonder whether it is part of a loose plan to weaken the public service.

        ooohhh, but that would sound like a conspiracy and nobody in this world conspires to achieve things. Not even John Key.,…..

        • Colonial Viper 2.1.1.1

          Treasury is actively looking to bring in new sweeping changes to the structure and employment of the public service, possibly the biggest in the last 20 years. This ain’t no conspiracy, this is happening.

        • SpaceMonkey 2.1.1.2

          That’s exactly how it works… and it is a conspiracy. Attack the public service bringing it to the point of incompetence, then decry the capability of public service using it to underscore the rationale for privatisation.

  3. The Gormless Fool formerly known as Oleolebiscuitbarrell 3

    More evidence that government is no good at running business. What’s the solution?

    • vto 3.1

      More evidence that government is no good at running anything.

      To sit alongside the ample evidence that private enterprise is also no good at running anything (we could start with the finance and banking sector if you like)

    • felix 3.2

      More evidence that this government is no good at running anything.

      fify.

      • The Gormless Fool formerly known as Oleolebiscuitbarrell 3.2.1

        So, the best solution is for the government to own everything and let David Shearer run it all for ever.

        • vto 3.2.1.1

          No the best solution is to sell everything off to the chinese and the yanks clearly

          • vto 3.2.1.1.1

            There is obviously no advantage in owning things. That is just what he silly rich do and what would they know?

            • The Gormless Fool formerly known as Oleolebiscuitbarrell 3.2.1.1.1.1

              That’s right, because running businesses is really easy and they always and without fail make lots of money you can spend on giving everyone kittens and cupcakes.

              • Colonial Viper

                Nah, that’a a bullshit non-argument. Multinational corporate rentiers, infrastructure ticket clippers, and the ROI demands of major and institutional shareholders are the main problem.

                They are quite different in nature to the SME crowd/small business person/small farmer. Don’t conflate the two.

                National treats small and medium sized Kiwi businesses with disdain.

              • One Anonymous Knucklehead

                Harder than mail merge then?

              • vto

                old the good old debate by way of witty and smart-alec one-liners – your line of expertise gormless. It achieves so much…….

                • The Gormless Fool formerly known as Oleolebiscuitbarrell

                  You are bitching on blogs in the hope of achieving something, vto? How’s that going?

                  • vto

                    At times it goes very well akshully. There are countless in-depth analysis and debate over the role government and private enterprise each have in ownership of various in the NZ sphere.

                    Clearly not in this instant with you though.

                    • The Gormless Fool formerly known as Oleolebiscuitbarrell

                      What would you say has been your greatest achievement so far?

                    • vto

                      a greater depth of knowledge and understanding around the detail on various political matters than previously existed methinks.

                      you? what’s your greatest achievement on here?

                    • The Gormless Fool formerly known as Oleolebiscuitbarrell

                      Interesting. How have your views changed as a result of that greater knowledge and understanding?

                      I never claimed to be trying to get things achieved by the method of bitching on blogs.

                    • vto

                      neither did i but i indulged your question.

                      care to offer the same courtesy in return?

                    • The Gormless Fool formerly known as Oleolebiscuitbarrell

                      Not trying to be impolite. I am not setting out to achieve anything earth-shattering and, were I, I do not think making comments on blogs would be the most efficient way of going about it.

                    • AmaKiwi

                      @ The Gormless Fool

                      “What would you say has been your greatest achievement so far?”

                      WE are the of the informed, intelligent voice of the LEFT. We are constantly changing the face of NZ politics.

                      Through our conversations on The Standard we gain valuable insights from a wide range of people. Many are leading experts in their fields. From this pool of information and ideas we clarify and refine our arguments.

                      Politicians AND the Main Stream Media (MSM) are repeatedly influenced by what we say.

                      Time and again I read it on The Standard and in a day or two the same is repeated on the MSM or by leading politicians.

                      I respect intelligent commentary from both right and left. But I have no use for gormless fools and king kongs who contribute little of value. We on The Standard are continuously influencing NZ politics. It is serious work. We are succeeding. I write thoughtfully because I know this is important work.

            • Colonial Viper 3.2.1.1.1.2

              Its Ok to pay the rentiers your whole life (at least that’s what the ones taking your money like you to think).

        • felix 3.2.1.2

          “So, the best solution is for the government to own everything and let David Shearer run it all for ever.”

          Jeez Ole, what’s wrong with you this morning? Don’t be such a dick.

          • The Gormless Fool formerly known as Oleolebiscuitbarrell 3.2.1.2.1

            What do you mean “this morning”?

    • Draco T Bastard 3.3

      More evidence that this government’s appointees are no good at running business.

      FIFY

      Here’s the real kicker – power shouldn’t be a business but a public service.

      • You assume anyone who voted for this government understands the concept of public service, which I would dispute.

      • AmaKiwi 3.3.2

        @ Draco T Bastard

        “power shouldn’t be a business but a public service”

        If it is privately owned, it should closely audited and highly regulated so the share holders get a return commensurate with owning a monopoly. I.e., a return not much greater than the interest paid on government stock. That is what is done overseas.

  4. infused 4

    So, about as good as Shearer announcing he is going to reduce power prices without saying how then? Yeah it’s off topic, but it’s just as stupid.

  5. TheContrarian 5

    Yep – that was the email I received in my inbox.
    And someone who works in a PR related field I facepalmed a little.

  6. One Anonymous Knucklehead 6

    There they go, tripping over the competence hurdle again.

    Surely there’s some simple task they could do, there must be a way for them to make themselves useful. But first we have to get them off the Treasury benches.

  7. tamati 7

    Another fuck up,

    Apparently my “unique” reference number is MRP 00000000 .

  8. TheContrarian 8

    They have sent me a new email apologising for the error and correcting it.

    • fender 8.1

      Thank goodness, I was terribly concerned about your predicament.

      Better ask for an ‘I’m a key person’ t-shirt as compensation.

      • TheContrarian 8.1.1

        What are you talking about? What predicament? Why would I want a Key person T-shirt?

  9. Shaz 9

    Rod Oram has just discussed on Radio NZ how there is much more information available to institutional investors than there is to personal investors about whether to invest in Mighty River Power. There is also a no media period from a few weeks ago to well after the float when the institions involved in the float cannot comment – so basically a news blackout. A pretty serious problem for a share issue that is arguably (hah :-) ) intended for personal investors. One serious financial analyst with access to this information, Oram asserts, has indicated that he will not be investing. The interview will appear on this page shortly.
    http://www.radionz.co.nz/national/programmes/ninetonoon

    Is there a lawyer willing to try and stop the process until and unless personal investors can decide to invest or not based on the same information as is available to institutional investors?

    • Colonial Viper 9.1

      Nah, institutional investors always get to front run and fuck retail investors over. That’s the sham which makes the scam.

      • Dv 9.1.1

        And note it US rules that prevent the release of the anaylysts reports.

        • Shaz 9.1.1.1

          Yes that’s right. NZ public assets privatised according to US legislative requirements. We may as well be in the TPP already! Surely to goodness the issue of US citizens resident here should have been addressed in the MOMA legislation given that the intent to sell to New Zealanders was (arguably ;-) ) part of the initial plan and issues of limiting investment could have been foreseen.

  10. SpaceMonkey 10

    Government can’t even get a mail merge right… it simply highlights why MRP should be privatised stat! /sarc

Recent Comments

Recent Posts

  • Ministry must protect organic food industry
    The Ministry for Primary Industries must take urgent action to protect New Zealand’s $150 million organic food and beverage industry by establishing a certification regime, Labour’s Primary Industries spokesperson Damien O’Connor says. “Despite working with Organics Aotearoa on the issue… ...
    10 hours ago
  • Tony Abbott, indigenous rights, and refugees
    This week, Tony Abbott has visited Aotearoa New Zealand, bringing with him his racist policies against indigenous Australians and his appalling record on refugee detention camps. Abbott has launched a policy “to close” remote aboriginal communities, which is about as… ...
    GreensBy Catherine Delahunty MP
    15 hours ago
  • PM’s housing outburst bizarre
    Labour’s Housing spokesperson Phil Twyford has described the Prime Minister’s latest comments on the Auckland housing crisis as bizarre. “John Key is deep in denial. He must be one of the only people left who are not concerned about the risk… ...
    1 day ago
  • Deflation: Another economic headache linked to housing crisis
    National’s housing crisis is causing even further damage with the second consecutive quarter of deflation a genuine concern the Reserve Bank can do little about, as it focusses on Auckland house prices, says Labour’s Finance spokesperson Grant Robertson. “This is… ...
    1 day ago
  • Pot calling the kettle black over fossil fuel subsidies.
    Over the weekend alongside nine other countries the New Zealand Government has endorsed a statement that supports eliminating inefficient subsidies on fossil fuels. Fossil fuel subsidies are a big driver of increasing emissions. Good on the Government for working internationally… ...
    GreensBy Gareth Hughes MP
    2 days ago
  • At last – a common sense plan for Christchurch
    The Common Sense Plan for Christchurch released by The People’s Choice today is a welcome relief from the shallow debate about rates rises versus asset sales, Labour’s Christchurch MPs say. "Local residents – who have spent weeks trawling through the… ...
    3 days ago
  • National must lead by example on climate change
    The National Government must meet its own climate change obligations before it preaches to the rest of the world, Labour's Climate Change spokesperson Megan Woods says. "Calls today by Climate Change Minister Tim Groser for an end to fossil fuel… ...
    3 days ago
  • Biosecurity rethink a long time
    The Government has opened New Zealand’s borders to biosecurity risks and its rethinking of bag screening at airports is an admission of failure, Labour’s Primary Industries spokesperson Damien O’Connor says. Nathan Guy today announced a review of biosecurity systems in… ...
    4 days ago
  • Chinese rail workers must be paid minimum wage
    KiwiRail must immediately stop further Chinese engineers from working here until they can guarantee they are being paid the New Zealand minimum wage, Labour’s MP for Hutt South Trevor Mallard says. The Ministry of Business, Innovation and Employment today released… ...
    4 days ago
  • Better consultation needed on Christchurch asset sales
    The Christchurch City Council (CCC) should be promoting wide and genuine public consultation on its draft ten year budget and plan given the serious implications for the city’s future of its proposed asset sales, outlined in the plan. Instead, it… ...
    GreensBy Eugenie Sage MP
    4 days ago
  • ‘Healthy Families’ a good start but not enough to tackle obesity relate...
    Today the Government is making a the meal out of the launch of its ‘Healthy Families’ package to promote ‘healthier decisions’ and ‘changing mindsets’ over nutrition, physical activity and obesity. Great! The programme is based on a successful model from… ...
    GreensBy Kevin Hague MP
    4 days ago
  • ‘Healthy Families’ a good start but not enough to tackle obesity relate...
    Today the Government is making a the meal out of the launch of its ‘Healthy Families’ package to promote ‘healthier decisions’ and ‘changing mindsets’ over nutrition, physical activity and obesity. Great! The programme is based on a successful model from… ...
    GreensBy Kevin Hague MP
    4 days ago
  • No more sweet talk on obesity
    The Government should be looking at broader measures to combat obesity rather than re-hashing pre-announced initiatives, Labour’s Health spokesperson Annette King says.  “While it is encouraging to see the Government finally waking from its slumber and restoring a focus on… ...
    5 days ago
  • Government two-faced on zero-hour contracts
    The Government should look to ban zero-hour contracts in its own back yard before getting too high and mighty about other employers using them, Labour’s Health spokesperson Annette King says. “Information collated by Labour shows at least three district health… ...
    5 days ago
  • Scrutiny of battlefield deaths should continue
    As New Zealand troops head to Iraq under a shroud of secrecy, the Government is pushing ahead with legislation to remove independent scrutiny of incidents where Kiwi soldiers are killed in hostile action overseas, Labour’s Defence spokesperson Phil Goff says.… ...
    5 days ago
  • Damp-free homes a right for tenants
    Labour is urging tenants to use a little known rule which gives them the right to live in damp-free rental homes. Otago University researchers have today highlighted the Housing Improvement Regulations 1947 as a way tenants can force landlords to… ...
    5 days ago
  • National must take action on speculators
    The Government must take action on property speculators who are damaging the housing market and shutting families and young people out of the home ownership dream, Labour Leader Andrew Little says.  “There are a number of options the Government could… ...
    6 days ago
  • Milk price halves: A $7b economic black hole
    Global milk prices have halved since the peak last year, creating an economic black hole of almost $7 billion that will suck in regions reliant on dairy, crucial industries and the Government’s books, says Labour’s Finance Spokesperson Grant Robertson. “The… ...
    6 days ago
  • Kitchen plan set to swallow up health boards’ funds
    The financial impacts of implementing a proposal to outsource hospital food, forced on them by a crown-owned company which is now facing an auditor-general’s inquiry, are being felt by district health boards across the country, Labour’s Health spokesperson Annette King… ...
    6 days ago
  • Reserve Bank scathing of Government
    The Reserve Bank’s most scathing critique to date of National’s inability to handle the housing crisis shows the Bank is sick of having to pick up the pieces, Labour Leader Andrew Little says.  “John Key continues to deny there is… ...
    6 days ago
  • Time for McDonald’s to upsize work hours
    Labour is calling on McDonald’s to have more respect for their workers and offer them more guaranteed work hours. McDonald’s is proposing to guarantee its workers 80 per cent of their rostered hours, Labour’s spokesperson for Labour Issues Iain Lees-Galloway… ...
    7 days ago
  • Brownlee misses the boat on asbestos
    Gerry Brownlee has once again missed an opportunity to improve the lives of Cantabrians post-earthquakes, Labour’s Canterbury Earthquake Recovery spokesperson Ruth Dyson says. A new report from the Royal Society of New Zealand and the Prime Minister’s Chief Science Adviser,… ...
    7 days ago
  • Government must come clean on troop deployment and protections
    New Zealanders deserve more than to hear about their troops’ deployment overseas from Australian media, Opposition Leader Andrew Little says. “News from Australia that Kiwi troops are on their way to Iraq this week is another example of the culture… ...
    7 days ago
  • Cancer prevention calls gain momentum
    Research showing bowel cancer treatment sucks up more public health dollars than other cancers once again highlights the need for a national screening programme, Labour’s Health spokesperson Annette King says. A study by Otago University, which found colon cancer is… ...
    7 days ago
  • Burger King shows zero-hour contracts not needed
    The abandonment of zero-hour contracts by Burger King is further evidence good employers do not need to use them, Labour’s spokesperson on Labour Issues Iain Lees-Galloway says. "Congratulations to the Unite Union and Burger King for settling an employment agreement… ...
    1 week ago
  • Kiwis deserve more than reheats
    The Government looks set to rely on regurgitated announcements for this year’s Budget if today’s speech is anything to go by, Labour Leader Andrew Little says. “National has been building up to this Budget for seven long years, promising a… ...
    1 week ago
  • Landlords not cashing in on insulation schemes
    The fact so few landlords have taken up the generous taxpayer subsidy for retrofitting shows it is time to legislate minimum standards, says Labour’s Associate Housing spokesperson Poto Williams. “Many landlords aren’t using Government insulation schemes because they don’t want… ...
    1 week ago
  • Zero excuses, end zero hour contracts now
    It’s time Workplace Relations Minister Michael Woodhouse cut the weasel words and banned zero hour contracts, Labour Leader Andrew Little says. “Michael Woodhouse today acknowledged zero hour contracts are unfair. ...
    1 week ago
  • We’ve reached Peak Key with ‘artificial target’
    John Key’s attempt to redefine his cornerstone promise of two election campaigns as an artificial target suggests his other promises are works of fiction, says Labour’s Finance spokesperson Grant Robertson. “For seven years and two election campaigns, John Key has… ...
    1 week ago
  • Top 10 need to know facts on climate change
    All the numbers and stats around climate change can be confusing, so we’ve put together a handy list of the top 10 numbers about climate change that we should all know- and then do something about. You can sign up here to… ...
    GreensBy Frog
    2 weeks ago
  • Campbell Live a bastion of investigative journalism
    The announcement that current affairs programme Campbell Live is under review and may be axed has sparked outrage from the New Zealand public, for good reason, says Labour’s Broadcasting Spokesperson Clare Curran. “Investigative journalism is a precious resource in today’s… ...
    2 weeks ago
  • Ground Zero for ‘disastrous’ contracts
    Yesterday the Green Party called on the Government to follow the leadership of Restaurant Brands and ditch zero-hour contracts. Currently it looks like the Government is a large part of the zero-hours problem. It allows these types of “non-jobs” to… ...
    GreensBy Jan Logie MP
    2 weeks ago
  • Trust in National will disappear with deficit
    Bill English is set to break his promise to get the books back in the black this year and lose the trust of Kiwis who have had to do it too hard for too long, says Labour’s Finance spokesperson Grant… ...
    2 weeks ago
  • Dorothy Jelicich passes away
    It is with sincere sadness that the Labour Party conveys its sympathies and condolences to the bereaved family of Dorothy Jelicich who passed away last night at the age of 87 years, says the MP for Mangere, Su’a William Sio.… ...
    2 weeks ago
  • Government leaves aquaculture industry at sea
    If the Government had acted in its first term, the Sanford mussel processing plant would not have to close, says Labour’s Fisheries spokesperson Rino Tirikatene. “Sanford is considering closure after a decline in the natural supply of spat. This is… ...
    2 weeks ago
  • Maggie –it’s time to roll your sleeves up
      It’s time for the Minister of Conservation Maggie Barry to listen to the Parliamentary Commissioner for the Environment  and start untangling the mess around  New Zealand’s stewardship land, says Labour’s Conservation spokesperson Ruth Dyson.  “The Commissioner has called for… ...
    2 weeks ago
  • Gutting of prison jobs a gift to private prison provider
    Today’s announcement that sections of three prisons are to be closed is the thin end of the wedge for the privatisation of the country’s prison service, says Labour’s  Corrections spokesperson Kelvin Davis.  It's estimated that 260 prison officers will lose… ...
    2 weeks ago
  • Joyce must rule out revising export target
    Steven Joyce must rule out a second revision of the Government’s export target in six months and stop trying to massage statistics when he fails to meet his goals, says Labour’s Economic Development spokesperson David Clark. “National set a target… ...
    2 weeks ago
  • Caregiver law passed in haste now a fail
    The Government’s response to supporting family caregivers is mean spirited and designed to fail, says Labour’s Disability Issues Spokesperson Ruth Dyson.  “Figures released by the Ministry of Health show that only a tiny percentage of the eligible families have applied… ...
    2 weeks ago
  • Clear message handed to nuclear states
    MPs Phil Goff, Shane Reti and Marama Fox are due to meet with diplomats from the United Kingdom, Russia, the United States, China and France tomorrow to hand deliver a letter calling for their countries to disarm their nuclear weapons.… ...
    2 weeks ago
  • Parity is no party for export businesses
    The extent of the damage done by the high dollar to New Zealand businesses is larger than many think as shown by a dramatic decrease in exports to Australia as our dollar rises, Labour Leader Andrew Little says. “When the… ...
    2 weeks ago
  • Nats’ limited thinking stifling innovation
    Businesses trying to innovate and create better products are being let down by this Government with an industry expert saying Steven Joyce’s mini-tax credits will have almost no impact, says Labour’s Finance spokesperson Grant Robertson. “Andrew Dickeson, director of taxation… ...
    2 weeks ago
  • Vanishing Nature: A must-read for all New Zealanders
    The Environmental Defence Society’s new book Vanishing Nature – facing New Zealand’s biodiversity crisis, should be read by every New Zealander concerned about our native plants and wildlife and striking natural landscapes; and particularly by Government Ministers before Budget Day… ...
    GreensBy Eugenie Sage MP
    2 weeks ago
  • The CYF review – an exercise in predetermination?
    Child Youth and Family (CYF) has a troublesome history of underperformance and botched care and protection cases, the most recent being its abject failure, along with the Police, to address the Roastbusters sexual abuse allegations with any semblance of professionalism.… ...
    GreensBy Metiria Turei MP
    2 weeks ago
  • Time to act to protect Hector’s Dolphins
    The death of a Hector’s Dolphin in a set net must lead to action from the Minister of Conservation, Ruth Dyson, Labour’s Conservation Spokesperson said today. “Despite the fact that the Akaroa Harbour has been a Marine Mammal Sanctuary since… ...
    2 weeks ago
  • Double-laning Darby and Joan disputed
    The Prime Minister’s by-election promise to double lane the road between Northland’s iconic Darby and Joan kauri trees has been contradicted by officials, Labour’s spokesperson Phil Twyford says. The NZ Transport Agency has told a media outlet that not all… ...
    2 weeks ago
  • Parity: Cheaper trips but lower incomes
    The Kiwi dollar’s near-parity with the Australian means some tourists will have cheaper Gold Coast holidays but New Zealand incomes will stay lower for longer, making it harder for many to afford the trip, says Labour’s Finance spokesperson Grant Robertson.… ...
    2 weeks ago
  • English’s state house flog off plans exposed
    Labour is calling on Bill English to confirm or deny a claim the Government is exploring a mass sell-off of state housing to tenants. Property magnate Bob Jones writes in a newspaper column published today that the Minister responsible for… ...
    2 weeks ago
  • Extension of work scheme urged for disaster relief
    The Government is being urged to extend the Regional Seasonal Employment (RSE) scheme to help families in the most severely-damaged islands of Vanuatu, following Cyclone Pam. “Allowing a further 300 people to take up seasonal employment in New Zealand under… ...
    2 weeks ago
  • Nuclear deal with Iran should be just the start
    A deal struck by Iran and major powers to ensure the Iranian facilities producing nuclear material are not used for the purpose of constructing nuclear weapons has been a long time coming, Labour’s Disarmament spokesperson Phil Goff says. “Undoubtedly Iran’s… ...
    2 weeks ago

Public service advertisements by The Standard

Current CO2 level in the atmosphere