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Another asset sale lie

Written By: - Date published: 8:10 am, April 14th, 2012 - 99 comments
Categories: assets, john key, national, privatisation - Tags: , ,

Recall the Nats’ promises on the tests for proceeding with asset sales (“mixed ownership model”):

The Government’s five tests for proceeding

The Government has decided to pursue extending the mixed ownership model after being assured the following five tests can be met:

  • The Government will maintain a majority shareholding stake by owning more than 51 per cent of each company.
  • New Zealand investors will be at the front of the queue for shareholdings, and the Government is confident of widespread and substantial New Zealand share ownership.
  • The companies involved will provide good opportunities for investors.
  • The capital freed up will be used on behalf of taxpayers to fund new public assets and thereby reducing the pressure on the Government to borrow.
  • The Government is satisfied that industry-specific regulations will adequately protect New Zealand consumers.

Surprise surprise, they’re now trying to break the first bullet point promise:

Loophole allows sale of over 49pc

A loophole in the law covering partially privatised state assets will allow much more than 49 per cent of the value of the companies to be privatised, providing the extra shares do not carry voting rights.

The Government has pledged to retain 51 per cent of the four energy companies it has put on the block, starting with Mighty River Power later this year.

But a “minor policy decision” by ministers, revealed in a Cabinet paper released last week, shows that the 51 per cent limit, as well as the 10 per cent cap on individual shareholdings, will apply only to voting shares.

The Cabinet has agreed “the 10 per cent and 51 per cent restrictions should be calculated on the basis of voting rights rather than the total percentage of all securities held (including those with non-voting rights)”.

The wording in the Mixed Ownership Model Bill, which has had its first reading in Parliament, would ensure control of the companies remains with the Government.

But it would not prevent the companies – with shareholding ministers’ approval – issuing or selling non-voting shares, diluting the taxpayers’ slice of the dividends and profits the companies generate.

It isn’t a “loophole”, it’s simple a lie. The distinction between voting and non-voting shares is just a smokescreen. National clearly promised to retain 51% of the income from these public assets. Here’s a Treasury document quoting Bill English on mixed ownership:

“Government will maintain 51% of companies, retaining control and getting dividends”

And here’s a Nat press release:

Under mixed ownership, the Government is foregoing up to 49 per cent of the future income from the companies involved.

I’m sure there are many other sources – all the promises were about retaining 51% of ownership and income. So add this latest move to the long list of Nat broken promises, withheld information, and sheer incompetence over asset sales.

Winston Peters sets out further concerns about this latest development, and Labour are planning a new campaign for a Citizens Initiated Referendum on asset sales. Hey Peter Dunne – are you going to vote for this latest lie?

99 comments on “Another asset sale lie”

  1. RedBaron 1

    And when Peter Dunne finally retires and walks down any street in this country he calls “home”, eight out of ten of all the people walking towards him will really, really dislike him.

    Some legacy from a lifetime in parliament.

    Has he thought of retiring now so his electorate can have another vote?

    • dunne is a sellout who has been to more parties than paris hilton. at least with national m.p.’s you know what you are getting with them, but dunne flip-flops to whichever way the power is. his legacy(?) of good governance could be written in crayon, on the back of a stamp. Im sure the good people of ohariu are putting real pressure on him to finally do the right thing in this, his last term in parliament.

  2. Treetop 2

    Sadly it is beginning to pan out that 100% of any dividend share will be forfeited. Talk about playing Russian roulette with money making SOEs.

  3. captain hook 3

    awwwwww be nice to them.
    they will complain if you tell the truth.
    they need the money for their overseas trips and hotel bills so they can complete themselves.

  4. jack 4

    Key is showing his true colours. I can see why he has earned his reputation as the smiling assassin. I can see him smiling and waving to kiwis as he leaves this country in total ruin heading off to Hawaii or back to Merryil Lynch in New York.

  5. Matt 5

    Hairdo Dunne keeps saying he’s been consistent in his support for asset sales, but the terms of the asset sales are now revealed to have nothing to do with how they were portrayed. So, Petey, how’s that consistency?

    • This seems to be a clear commitment:

      The National-led government has agreed during this term of Parliament to adopt and implement the following broad principles, policies and priorities advanced by United Future:

      - Introduce statutory limits on the sale of public assets to no more than 49% of shareholding to private interests including limits on the extent of single entity ownership

      http://www.unitedfuture.org.nz/confidence-and-supply-agreement/

      That should mean any type of shareholding, so I think the “loophole” needs some clarification as to whether it complies with this or not. If it doesn’t comply then it would seem to be a breach of the Confidence and Supply Agreement.

      • Herodotus 5.1.1

        Pete2 – here is a great opportunity for the other Pete1 (& allow UF to (perhaps) live beyond 2014) to save face regarding the asset sales, and to clearly display fortitiude, character and to be seen acting on principles.
        If this statement is true, that Nationals policy at the election was intended to sell more than 49% of the dividend attributing shares (and voting) then we the voter (those who were apathetic or passive topwards Asset Sales) were misled. Some of us who were totally opposed to the plan fortunately were not. As all infomation released showed that the intention was 49% of shares attributed to receiving dividends.
        Such weasling out with a loophole (that does not exist) is about as bad as politics can be and should be opposed by all. UF maybe the only one that can make a real difference. Please be seen to do so.

        • Pete George 5.1.1.1

          I’ll find out what I can and if it does breach the 49% agreement I’ll see what I might be able to do about it.

          • r0b 5.1.1.1.1

            Good for you Pete. Let us know what happens.

          • bbfloyd 5.1.1.1.2

            you;re gonna have to step up the waffle rather heavily to get out of this one….. as if you have any say at all peter pan……

            or should i say, big pete is gonna have to do some serious waffling over this latest revelation…. what sort of waffle will it take to convince us that he had no idea this “loophole” was in the legislation from the start??

            starting to look veeery smelly old bean…..

          • mickysavage 5.1.1.1.3

            Introduce statutory limits on the sale of public assets to no more than 49% of shareholding to private interests including limits on the extent of single entity ownership

            Looks pretty clear Petey. So will you get into Pete1′s ear about it?

            • Reagan Cline 5.1.1.1.3.1

              More information required.
              A shareholder owns 51% of the shares in a company, this means if they vote against a resolution at the annual meeting or a special meeting the resolution does not pass – correct ?
              So the directors decide to raise capital by issuing new ordinary shares (not preference shares, which do not carry voting rights) does this require shareholder approval ?
              If it does the 51% shareholder could vote against this, or can it insist that 51% percent of the new shares be bought by it ? Surely not !!
              So the directors propose raising capital by issuance of preference shares (no voting rights) why would the 51% shareholder vote against this ?
              The other options would be to issue bonds – could be attractive if the Government was a 51% shareholder – right ?
              Or the directors could sell an asset and reinvest ot they could borrrow without issuing bonds.
              How do State Owned Assets raise capital now ? Can they get the favourable terms available to the NZ government ?
              Some really smart and on-to-it outfit might like a big slice of Mighty River in exchange for bringing expertise to the company that would enable it to grow and become even more profitable.
              At the moment such an outfit would not even consider coming to the party.

              • Pascal's bookie

                I don’t really see how any more info is required.

                The coalition agreement says that there will be a statutory requirement that no more the 49% of the co’s will be sold.

                Whether or not they have voting rights, a statutory loophole that allows sale of equity in the co’s above 49% is a breach.

                • Reagan Cline

                  It’s about possible sceanarios after they are sold.
                  How will Mighty River raise further capital without weakening the governments’s 51% shareholding ?
                  Mighty River raises capital now by issuing bonds, but because the bondholders have no voting rights they have no say in how the company is run.

                • Reagan Cline

                  It is about the options for raising capital AFTER part of Mighty River is sold (if it is sold).
                  How is the government’s 51% shareholding preserved if new ordinary shares are issued ?
                  Investors receiving income from bonds and preference shares have no voting rights – so how can they threaten the government’s 51% voting right ?

                  • They can by jumping up and down and saying that as non voting shareholders the directors have to respect their rights and cannot act in a way that discriminates against them.

                    Quite easy.  It is a whole can of worms which the legal profession can feast on for years to come.  Better not to have them at all and retain the assets in public ownership.

                • Pascal's bookie

                  Yes, the MOM model is a dog, put together purely to make an ideological desire for privatisation politically possible.

                  The fact that the political promises they have made, have stupid consequences, is a problem for the government.

                  But the MOMs can still issue bonds without giving up equity. It’s more costly in the short to medium term perhaps, but equity isn’t lost.

                  • Reagan Cline

                    Yes I get that it is a dog. So why would private shares in a MOM company be more attractive than shares in a wholly private company ?

                    The governemnt majority shareholder will stop it going bust maybe) ? How have MOM companies overseas performed ?

                    I agree wIth you that the biggest issue in NZ is private versus public.

                    None of the big poliitcal parties have a black and white attitude to this.

                    The thought of privatising evrything scares me shitless, but at the same time, I believe there is room for improved service and efficiency in hospitals and maybe in other publically owned organisations..

                    How do you get publically owned organisations to be more customer friendly ? Firms that fail to deliver in private go bust – unless they are a monopoly.

                    The old publice service ethic and a lifetime career with a good super package at the end might make for more efficiency – or it could have the opposite effect I suppose

                    Hard to embed an ethic of working efficiently and effectively for the public good when people are coming and going from private to public sector jobs and back again.

                    • McFlock

                      Oh please – that’s the lie that tories have used for decades, and you’ve swallowed it.
                                
                      The main factor in customer service levels isn’t public vs private ownership, it’s the priority list managers are given from their bosses (be they directors or ministers).
                           
                       

                    • RedLogix

                      Agreed McF.

                      I’ve strong experience in both the private and public sector. The idea that the private sector is somehow more efficient is a complete and utter myth.

                      The two sectors are better at different things. The private sector for instance would run a lousy police force, while the state has no business in corner dairies.

                      The difference between success and failure in both cases is exactly the same; the quality of leadership.

                    • Vicky32

                      I believe there is room for improved service and efficiency in hospitals

                      In what way particularly? I’ve had the dubious pleasure of having been misdiagnosed this year, and spending some time in Auckland Hospital, and my son is a cardiothoracic nurse at Welly Hospital. I have found no deficits and deficiencies in either place! Aside from one grumpy receptionist, everyone I met was helpful, efficient and pleasant.

                • rosy

                  Does this mean that theoretically a company can buy 10 percent of voting rights shares + 100% the non-voting rights shares? Is there anything to stop that sort of scenario?

                  • Lanthanide

                    “Does this mean that theoretically a company can buy 10 percent of voting rights shares + 100% the non-voting rights shares? Is there anything to stop that sort of scenario?”

                    Theoretically there would be nothing stopping that, under this proposal.

                    However if there was some company that was dead-set on getting 100% of non-voting shares, then the price to buy the shares could (potentially) keep going up and up and up until they were no longer willing to buy 100% of them. Therefore it should be understood that it’s not just a desire to buy shares, but a desire to buy shares at a certain price. I’m sure if they sold 100% of non-voting shares for $1, then everyone would want to buy them; so because of the excess demand the price would go up.

                    • rosy

                      Thanks… although difficult there is the option of a share buy from a 10 percent holder of voting rights. The more that shareholder gets the less relevant the government voting rights in the face of that shareholder’s insistence for a particular path the company should take. Not much of a guarantee there.

              • The directors are under an imperative to act responsibly (read commercially).  This will mean that more often than not they probably would decide to issue shares presuming the numbers were right.

                But the income gradually disappears overseas as more and more shares are issued.  Control is actually not that important because of the commercial imperatives imposed on the directors. 

                • I don’t agree with the “disappears overseas” conjecture. Some shares will end in foreign ownership, but it is not an inevitable one way shift. There’s good reason to have confidence that many shares will remain in New Zealand ownership, a mix of private investors, the NZ Super fund and the many KiwiSaver investment schemes.

                  But I have a problem with the possibility that non-voting shares may dilute government ownership and break the 49% maximum pledges.

                  • Dividend income disappearing overseas has happened with every other privatization and I do not see why the current proposal will result in anything different.

                    But Petey issuing non voting shares will not “possibly” break the Government’s pledge, it will definitely break it.

                    Time for UF to man up.
                     

  6. Nick 6

    The legislatation also doesn’t contain any preferential options for New Zealander shareholders so there is another ‘loop hole’ there that will see the second bullet point on their list in danger.

    Not that it matters to them, I wish it mattered to Peter Dunne though.

  7. Foreign Waka 7

    Mr Key argued that Kiwis voted for asset sales via the last election. Kind of a first past the post thing he was clinging onto. However, these reports clearly show that this is NOT what kiwis voted for and would this not be question of an inquiry under constitutional law? I think that, given the changed circumstances a binding referendum should be held. When are all these people who proclaim to represent the public and take their money – thank you very much – going to stand up and be counted? Or would that break the ranks and we have been hoodwinked in many areas just not so “transparent”?

  8. Jim Nald 8

    It isn’t a “loophole”, it’s simple a lie.

    The first thing that came to mind when reading this is it is not a “loophole” but a “truth-hole” !

    • Draco T Bastard 8.1

      It’s the difference between what NACT want to do (sell off everything ASAP) and what they think they can get away with doing (selling off 49%).

  9. North 9

    This is standard, heights of cynicism, contemptible National tactics.

    Announce…….handle the fallout more or less……..announce or get caught going higher………acknowledge the extra fallout……..blame someone, anyone………back off to first position.

    “See how we listen, see how we consult. We always said we will not allow New Zealanders to become tenants in their own land !”

    All is well……..smile and wave.

    Next chapter, a bit further down the track: pull the shelved coup-de-grace on a public by then terrorised with threats of imminent national collapse. Bingo…….cracked it. The already rich are very, very much richer. We…….you got it, are demonstrably poorer.

    That said there is this possibility…….unrest not seen in New Zealand for well over 50 years. Remote ? Probably, but who knows how far treasonous Greed may be prepared to go ?

    • Anne 9.1

      there is this possibility…….unrest not seen in New Zealand for well over 50 years. Remote ?

      Not remote at all. Much more of the current NAct machinations aided and abetted by their business friends/acolytes and sooner or later it’s going to be a certainty.

  10. bbfloyd 10

    what i find most disturbing about this is not that united future has been exposed as complicit and dishonest… most knew that from the start…. and that the national party has been shown, once again, to be utterly untrustworthy……

    it is that it seems to have taken so many by complete surprise to find out just how untrustworthy the national party is…..

    where is this huge sandpit that people are burying their heads in??

  11. Well, there’s no surprises there that key and english are playing with policy,hoping no one
    will notice their tirany towards the tax payers of nz.
    Ombusdman please, these assets are strategic assets owned by the tax payers of nz
    and these clowns have no right to hock them off to overseas interests and their
    corporate mates,surely there should be a halt on these prepartations for sell off
    until a ruling on the full legality of a sale.

  12. Akldnut 12

    Smoke and mirrors again perhaps?

    “If we can move the focus off the initiale proposal of 49% sales onto selling an increased portion while still retaining control, the backlash of the latter will make the former more palitable.”

  13. Johnm 13

    John Key: paraphrase, I want to give New Zealanders more choice. Yeh! Like having no choice in their strategic energy assets being flogged off to make foreign wealth wealthier. He’s so on ideological auto pilot you can tell by that blank look in his eyes! Eventual objective a completely privatized state.

    • Draco T Bastard 13.1

      That’s always been the goal of the rich and psychopathic and it fails every time resulting in bloody revolution.

  14. Tangled up in blue 14

    Loophole allows sale of over 49pc

    Is this being reported by any media outlet other than Stuff? Surely this can’t go under the radar?

  15. TJ 15

    *Sigh*

    One day this website will include an inkling of balance and have stories other than sensationalist drivel.

    The amendment is clearly to allow the companies to issue Preference shares or other non-voting shares to raise capital without having to go back to parliament. These are essentially debt instruments, can be issued by SOE’s currently and can have advantages over a traditional bond in that the ‘dividend’ (essentially just interest) can be in theory paid at the directors discretion.

    Kiwibank have $150m of these issued currently. If you follow the logic that these count towards the 51%, Kiwibank is only 77% ‘owned’ by the Government. That logic is just rubbish.

    • TJ 15.1

      *That should read 67%. 

    • Pascal's bookie 15.2

      You’d be better off arguing that they are ‘effectively debt instruments’, because the actual ‘essential’ nature of the transaction is a sale of equity, albiet with slighly fewer sticks in the bundle of ownership rights.

    • So what TJ.  National promised to retain majority ownership as a sop so they could try and mitigate the damage chat would be caused by a deeply unpopular policy.  The fact they are now resiling from this is their problem.

      If this was such a mundane issue as you describe they should not have promised not to do it. 

      • TJ 15.3.1

        So why, based on that logic, is there not an uproar that Kiwibank is only 67% government owned? There isn’t, because the logic is stupid.

        There will be effective majority ownership, but just as SOE’s can already do, the potential for the companies to issue preference shares (or other non-voting shares) will remain. 

        • Nick 15.3.1.1

          Why don’t National currently raise money from these energy assets this way instead of selling off voting shares? No legislation change needed, income if they need it and retain 100% control with all the pesky limitations and regulations of having shareholders?

          • TJ 15.3.1.1.1

            Because the idea is to release equity and ‘keep’ the funds for other investment or spending. Non-voting shares like preference shares are almost always callable at particular dates and therefore essentially ‘repaid’, like a bond. They also require continued servicing, with dividend rates usually fixed. 

            For the Government to do that via proxy through SOE’s would be silly – they might as well just issue Government bonds in their own name and at a lower rate. But that of course increases debt.

            It is simply another way of obtaining capital which an entity like Kiwibank desperately needs and the Energy companies once listed may also need.

            As I have noted, if you have a look at Kiwibank’s Balance sheet it has $460m of capital. $310m of that is (ultimately) owned by the Government. $150m is owned by Preference Share holders. These scary blighters could be from anywhere! And they are getting some of that ‘income’ from the SOE we all own! No – they are being compensated for providing much needed capital which I have no doubt is being put to good use, and allowing the bank to expand and make more money.

            Everyone is New Zealand is under the impression Kiwibank is wholly owned by the Government despite this. The reason is because implying non-voting shares infer “ownership” is ridiculous.

            • Draco T Bastard 15.3.1.1.1.1

              It is simply another way of obtaining capital which an entity like Kiwibank desperately needs and the Energy companies once listed may also need.

              It’s also a rather stupid one. Far better for the government just print the money that the SOEs need for expansion off set by increase in relevant taxes. Essentially, the people of NZ supplying the capital themselves with no interest charges on it.

              • TJ

                That was not the point of my comment. The merits of various funding alternatives is a whole different kettle of fish. If printing money were the answer life would be a whole lot more simple.

                The point I am trying to make is in relation to the actual post. Non-voting shares DO NOT equal ownership and Kiwibank is a perfect example of that.   

                • Draco T Bastard

                  If printing money were the answer life would be a whole lot more simple.

                  The printing of money happens every day – it’s just done by the private banks instead of the government. For some reason we’ve come to believe that private banks printing money is fine but not governments. Of course, if the government printed money they wouldn’t have to pay interest to the capitalists and the capitalists would actually have to produce value rather than being parasites on the community.

                  Non-voting shares DO NOT equal ownership…

                  They represent a claim that is not needed nor justified.

                  • TJ

                    Private banks can increase the circulation of money – but they can’t create it. But again – that’s an aside.

                    Obviously Kiwibank determined that the ‘claim’ was needed and justified. I guess we need to ensure these SOE’s don’t issue bonds once they are listed either then? They have a greater claim than any equity holder ever will. Just get the Government to print off a few million whenever they need it instead I suppose? 

                    Ownership is not all it’s cracked up to be, and doubly so if you can’t sell the equity, like the government in the case of SOE’s. Any unrealised gain is meaningless - it isn’t going to be able to pay debt. Dividends are the last thing to be paid, and dependant on various factors including profitability, cash position, expansion plans etc. 

                    • Draco T Bastard

                      Private banks can increase the circulation of money – but they can’t create it.

                      They do it all the time – that’s the basic result of fractional reserve banking.

                      Obviously Kiwibank determined that the ‘claim’ was needed and justified.

                      It wasn’t if the government had acted correctly which it didn’t.

                      Ownership is not all it’s cracked up to be…

                      If it wasn’t all it’s cracked up to be then the capitalists wouldn’t be doing their damndest to buy out every hard state asset they can.

            • David 15.3.1.1.1.2

              “Everyone is New Zealand is under the impression Kiwibank is wholly owned by the Government despite this”.

              Thanks for the heads up, TJ: we thought we understood these things: now we see there are lots of ways of stripping private profits out of “public ownership”, under the radar. You create vast obligations to private sector actors, through debt (knew that) and various forms of equity (smartening up on that). Looking forward to the public education campaign you and yours will be mounting to tell the public this is is all good for them still owning their future, and benefitting from its profits!

    • David 15.4

      “These are essentially debt instruments”

      No, TJ, these are essentially equity instruments. The kind of duplicitous, ‘rubbish’ logic that can say black is white like this is EXACTLY what we are learning to expect from you guys.

      “In theory” the dividend can be paid at directors’ discretion’. Yeah right. That’s why people buy these shares, on the off chance the directors might pay a dividend. ^&*! NZ shares pay Huge dividends compared to anywhere else. Tell me a time when a major NZ utility has not paid a dividend to these kinds of equity holders?

      “essentially just interest” . To quote Ronald Reagan, “there he goes again”. The essence of something is what it really is. If it was interest, it would be essentially interest. If it is a dividend on an equity holding, it is essentially a share of the profits being paid to the entity investing in the company. DONT BS us like this, TJ, it only makes us respect you less. And know where to look next time you try it.

  16. Aesop 16

    What’s hilarious is that the media are only catching onto this now.

    Do they not read the Hansard of important speeches in the House?

    Winston spoke out about this loophole in the legislation on the 8th of March.

    Why the hell does everyone just denounce what he has to say as drivel – he’s the one truly leading the charge on this.

    Goes to show what a shambles Labour are in if they can’t even thoroughly read through bills before speaking about them.

  17. captain hook 17

    they cant lie straight in bed.

  18. rod 18

    Will Blind Trusts be allowed to buy shares in SOE’s? just asking

  19. Reagan Cline 19

    Mc Flock. Yes, I can see that.

    At the same time, my personal experience in private and public (I work part time in both) has lead me to the opinion that they operate in very different ways.

    I have talked to others in my situation and we independantly agree that we get more done in private. The IT system is faster, there ar fewer steps in the process of getting work to us and from us to the the user, there are fewer staff, the staff can each do more and have more initiative, the clients react more often to poor service in private, there are fewer meetings and in private I know exactly the manager to see if I have an issue and it is usually sorted quicker and better.

    In public it is a matter of working around the system to get things done. In private I don’t have to do this.

    The other thing I have noticed is that in public, the work is allocated and rosters are drawn up so that each person gets exactly the same amount of work – this does not happen to the same extent in public and means that those who are happiest with a big workload are underemployed and those who prefer a lighter workload are stressed {the public sector manager told me that the basis for this was “fairness”).

    Maybe those tories are on to something.

    • McFlock 19.1

      Nope, they’re not.
            
      Don’t go confusing the quality of the manager with the type of the employer. And don’t confuse “not being able to see the reason for the procedure” with “the procedure is unneeded”.

    • Blue 19.2

      My experience is that the private sector simply penny-pinches on everything that would improve the business, and wastes money on everything that won’t.

      I can’t imagine which companies you have found so wonderful. It’s usually a case of old, slow computers (for everyone except the managers, who always have new ones), overly complex IT systems (bought off the shelf and not modified much), undertrained staff (training costs money) and problems going unsolved for years because fixing them would (you guessed it) cost money, so everyone just finds ways to work around them.

      On the other hand, there is always plenty of money to waste on things that management deem to be important. Such as their salaries. And their ‘leadership’ conferences (which always require travel and fancy locations). And paying people to dream up ‘corporate vision and values’ and dragging their hapless staff to meetings to indoctrinate them.

      Whenever someone raves about how wonderfully efficient the private sector is I always wonder what they’re smoking.

      • Draco T Bastard 19.2.1

        +1

        Matches my experience in private corporations as well. Funnily enough, my experience in public service is the exact opposite of Reagan Cline’s as well.

    • David 19.3

      “we get more done in private. The IT system is faster, there ar fewer steps in the process of getting work to us and from us to the the user, there are fewer staff, the staff can each do more and have more initiative, the clients react more often to poor service in private, there are fewer meetings and in private”

      One of the essential elements of market oriented governance in any organisation is that you basically have fewer (but sharper) accountabilities to fewer people. You have more executive freedom, and you take executive shortcuts, hide behind commercial secrecy, manage public input via expensive spin marketeers, and dont have things scrutinised via anything much democratic. You bs shareholders, give top executives powers and huge rewards and incentives sucked straight from profits to get things done and empower them vs boards and shareholders. Public stakeholders you have a whole division of managers and fancy paid lawyers and lobbyists to ‘manage relations’ with. And you do little PR gimic things, like sponsoring the local rugby team or parents accommodation at hospital, while your net contribution to children’s wellbeing is often negative. You manage accountabilities by restricting them, via narrow output objectives and KPIs: wider issues including social impact or labour relations dont get a seat at the top table.

      I can see the possible gains, in terms of getting what you think is right today done tomorrow. But lets come clean on the losses: as these modes of governance have permeated public sector management too (via NPM etc), we have lost a lot too. And private management of privatised assets in NZ, on past form?? hmm.

    • tc 19.4

      My experiences, as a 25 year IT veteran is private industry is just as bad as public. cost cutting, outsourcing and complex off the self systems such as SAP are universal. Before they modify them and multiply the cost of ownership to staggering levels.

      What a pointless diversion, focus on the core issue, ownership of strategic assets, dividend income and return on investment. IT systems are unnecessarily complex and poorly managed all in the name of ITIL and governance, a couple of consulting gravy trains across private and public before people and politics get to them and F them up some more.

  20. Balanced View 20

    You can only talk about your own experiences Flocky. My experience has been the same as Reagans.

    • McFlock 20.1

      Colour me giving a shit. 
           
      All I’m saying is that the quality of individual managers is not determined by who signs their paycheques. I have encountered very able public servants, and idiot private sector customer relations / managers. You guys are the ones damning the entire public service because of your own anecdotal experience (no doubt subjectively coloured by your imbalance).
        
      I’m saying look at the wider context of policies and don’t just pick Business Roundtable propaganda as a basis for recommending ownership models of nationally-essential public services and infrastructure.

      • Balanced View 20.1.1

        Apologies Flocky, my comment related to Reagans last comment only, and wasn’t a comment on individuals found in either operation, just general observations in regards to the overall running of the businesses.
        I also agree with you, I’ve come across far more “muppet” managers in private enterprise.

        • McFlock 20.1.1.1

          Now tell me how you can make general comments criticising the “overall running” of an organisation but in no way malign the reputations of the individuals in it. 
                
           

          • Balanced View 20.1.1.1.1

            Must you find a reason to disagree with everything?
            I have found that public offices are over resourced, so as a result, inefficient. Not really anything to do with anyone in particular, except perhaps those at the top that willingly provide the funding for it.

            • felix 20.1.1.1.1.1

              Awww, did someone compare two of your statements and ask you to explain the disparity?

              There there. Poor little troll.

            • McFlock 20.1.1.1.1.2

              Basically, non-committal or self-contradictory waffle really pisses me off.
                         
              That sort of United Future habit of leaving people with the idea of what one said, but if we actually read the specific words it means nothing.

              • Balanced View

                And this relates to……..?

                • McFlock

                  Most of your comments.

                • fender

                  Firestone can fix both your alignment and ballance problems mate. But see a specialist for the stuck in first gear problem. And the windscreens filthy.

                • Balanced View

                  Very clever, both of you. But I guess you had nothing else to come back with seeing as my comment was neither non-committal or self-contradictory.

                  • fender

                    non-committal: “Not really anything to do with anyone in particular”
                    Wof’s expired.

                  • felix

                    I’m delighted to learn that your comment was neither non-committal or self-contradictory.

                    Because that means this time, instead of diverting and deflecting, you’ll have no trouble answering McFlock’s question.

                  • McFlock
                     
                     

                    BV, you said your experience with the public service was the same as Reagan’s “last comment only” (comment 19 at that stage). Reagan complained of (among other things) slow IT systems, cumbersome procedures, and staff who took ages to respond. I.e. not just the public service in general.
                       
                    Within a couple of comments you’re saying these problems are caused by the public service being “over resourced”. But then you needed to make that slide because even you could see that any other interpretation of “wasn’t a comment on individuals found in either operation, just general observations in regards to the overall running of the businesses” reads as self-contradictory waffle.
                        
                    You’re a joke.
                        
                     

                    • Balanced View

                      On it’s own perhaps, but I thought you might have applied the context of Reagan’s comment that it had applied to.
                      Don’t beat yourself up over it, I made the same error earlier in not reading back to the beginning of your thread with Reagan.

                    • felix

                      Pathetic.

                      “Apologies Flocky, my comment related to Reagans last comment only”

                      You’re so transparent BV. You’re not fooling anyone.

                    • McFlock

                      “My experience has been the same as Reagans.”
                        is qualified to
                      “my comment related to Reagans last comment only”
                       and now becomes
                      “I thought you might have applied the context of Reagan’s comment that it had applied to”
                                    
                      Got that – you were referring “only” to comment 19 when I address the broader issue,  but includes probably the entire thread as “context” when I criticise what you specifically wrote.

                    • Balanced View

                      Nope, only applies to Reagan’s comment at 19. I hadn’t, and still haven’t read anything between the two of you before then.

                    • McFlock

                      So your experience of individual staff who are slow returning calls was the result of them being over resourced and you in no way would caste aspertions on their individual performance?

                    • Balanced View

                      “Slow at returning calls” I didn’t agree to that statement.

                    • McFlock

                      Just following the “context” of the comment, dude. 
                          
                      So these benefits of the private sector from comment 19 are because the public sector is overresourced, and doesn’t involve implied criticism of individuals:

                      the staff can each have more initiative,
                      the clients react more often to poor service in private,
                      if I have an issue it is usually sorted quicker and better.

                       

                    • felix

                      Instead of denying one phrase at a time for the rest of the night, how about you make an unequivocal statement of exactly what you do mean.

                      Any reason you can’t?

                    • Balanced View

                      I think that any reasonable person reading this thread would have no problem in understanding my position.
                      It’s only when bored individuals beginning nit picking and attempting to find discrepancies on minor points of difference that the original message becomes a bit lost.

                    • felix

                      Then state it for the record.

                      If it’s so straightforward and so easily understood, just state it. Won’t take you a moment so what’s stopping you?

                    • McFlock

                      or a bored person wondering if you’ll type a straight sentence.
                            
                       

                    • Balanced View

                      Already made in comments 20 (referring to 19), 20.11, and 20.1111

                    • felix

                      I agree BV, anyone reading this thread will have no trouble seeing exactly what you’re up to.

    • Matt 20.2

      Great, you can only talk about your experiences. I can talk about mine too, which is that private enterprise is no less likely to be Dilbertesque.

  21. felix 21

    Anyone who says the private sector is intrinsically more efficient has never worked in the world of corporate bullshit.

    Or they have, but they drunk the kool-aid and think all that bullshit is somehow of a higher quality than the bullshit found in large public organisations.

    Or they’re lying.

  22. Balanced View 22

    Im not sure that “lie” is the right description for this. A lie would be if a majority shareholding was not held.
    As far as the earnings from this investment, this will still be commensurate to the level of investment.
    The part I am most uncomfortable about is the potential for a lot of this investment to come from foreign interests. Can someone explain the difference (if any) from NZ’s perspective to paying dividends overseas vs paying interest on the debt that this is meant to pay off?

    • Draco T Bastard 22.1

      This government may pay off debt with the windfall, I doubt it though. They’ll probably find some way to channel it to themselves or their rich mates (ie, irrigation in Canterbury). The actual sale makes us worse off by about $100m/year so that means more borrowing over the long term.

      As for the difference between paying interest and paying dividends – the interest would be less than the dividends.

    • illuminatedtiger 22.2

      Of course it is. And lying is this governments modus operandi too.

  23. Poission 23

    The argument for asset sale based on the risk of net gdp liability,allows for the problematic issue of is it a resonable metric.

    If we observe the cash inflow from reinsurance companies and the subsequent disappearing of the surplus by STATNZ one wonders where the money is hidding,off balance sheets bank reserves etc,

    http://business.scoop.co.nz/2011/06/20/nz-current-account-surplus-to-go-on-treatment-of-reinsurance/

    http://www.stats.govt.nz/browse_for_stats/economic_indicators/balance_of_payments/BalanceOfPayments_HOTPDec2011qtr.aspx

    Where is the money?

    • Poission 23.1

      The money seems to reappear in another document eg

      The Reserve Bank in its November 2011 Financial Stability Report noted that a decline in recent years of the international borrowing requirements of the banking sector had helped moderate New Zealand’s net international debtor position, but that this has been “…partly offset by increased government borrowing”. Between 30 June 2010 and 30 June 2011, the net international debt of banks has fallen by $9,094 million, while the net international debt of general government has risen by $7,321 million (partially offset by an increase in the net offshore reserves of the Reserve Bank of $2,262 million).

      New Zealand’s net international debtor position has improved over the last 12 months as a result of the Canterbury earthquakes. Reinsurance claims on foreign reinsurance companies, are treated as New Zealand investment abroad in the international investment position statement. The total value of these reinsurance claims has been estimated at $12,518 million (the value of which will decline with the settlement of claims).

      http://www.parliament.nz/en-NZ/ParlSupport/ResearchPapers/3/4/6/00PlibCIP121-New-Zealand-s-International-Investment-Position.htm

      This seems to bring a number of issues

      1) The transfer of accumulated wealth from overseas insurance companies (read profits)
      2) The decrease in overseas borrrowing by Banks
      3) The artificial high rate of the NZ exchange rate due to financial repatriations

      This suggests that the NZ dollar should fall with windfall profits for exporters and increased taxation revenue for the Govt during the rebuild.

      The ideological arguments for asset sales seem poorly constructed,and the economic recovery will have little to do with policy reorganisation,except to postpone it in regions such as Wgtn ,which is most probably contracting due to structural uncertainty.

  24. captain hook 24

    pssssttt…
    chew wanna buy some shares?

  25. Key guarantees 51% majority?

    Speaking to reporters in Jakarta last night, where he is leading a 26-strong trade delegation, Key said he guaranteed the Government would keep a 51 per cent majority.

    “It’s a technical argument but the reality is we want to sell up to 49 per cent of stock and retain the other 51 per cent.

    “We are not going to do anything tricky there.”

    http://www.stuff.co.nz/national/politics/6748494/Key-affirms-Govt-to-retain-51pc-in-asset-sales

    Here he talks about “majority” – is that voting majority or ownership majority?

    This needs further clarification. I’ve had one response but am waiting for more details.

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    Greens | 23-07
  • MANA Tamaki send a challenge to Labour
    “Labour should set the agenda and purposely do something positively controversial once a week”, said MANA candidate for Mt Albert, Joe Carolan. “A good start would be for all Labour Auckland MPs and members to join the Justice for Palestine...
    Mana | 23-07
  • We must act to save our dolphins
    A new report makes it clear for the urgent need to protect Maui’s and Hector’s dolphins while arguing  it is clear that there is no need for further research, says Labour’s Conservation spokesperson Ruth Dyson.  “Labour backs the public call...
    Labour | 23-07
  • School told to manipulate national standards data
    Parents can have little confidence in the Government’s National Standards after an Auckland school was told to manipulate its data so it added up, Labour’s Education spokesperson Chris Hipkins. “Valley School in Pukekohe was advised in an email from the...
    Labour | 23-07
  • Regional economies must have tailored plans
    News that up to 114 jobs could be lost from Fonterra’s Canpac plant in Hamilton reinforces the need for a government plan to build resilient regional economies, Labour’s MP for Hauraki-Waikato Nanaia Mahuta says. “The Canpac site has effectively responded...
    Labour | 23-07
  • Auditor General slams Shared Services project
    The Auditor-General’s Office could not have been more damning about the 18 months spent on the Central Agency Shared Services (CASS) project at the Finance and Expenditure Committee this morning, says Maryan Street, Labour’s State Services spokesperson.  ...
    Labour | 23-07
  • Fonterra job losses a massive blow to Waikato
    The potential loss of up to 114 jobs from Fonterra’s Canpac plant in Hamilton is a massive blow to the Waikato region which has already lost hundreds of jobs, Labour says. Labour’s Social Development spokesperson and Hamilton-based list MP Sue...
    Labour | 23-07
  • Basin flyover decision an opportunity for capital
    The decision to reject the proposed flyover at the Basin Reserve must be taken as an opportunity to properly fund Wellington’s transport future and must not be used as an excuse to take resources away from the capital, Wellington Labour MPs...
    Labour | 22-07
  • National out of touch with the regions
    John Key is out of touch with regional New Zealand if he believes tinkering with council regulations will restore opportunities to small towns, Labour Leader David Cunliffe says. “While the regions are crying out for sustainable growth and job opportunities,...
    Labour | 22-07
  • Flyover rejection a victory for sustainable transport
    The rejection of the proposed Basin Reserve flyover by a Board of Inquiry is a victory for sustainable transport in Wellington and paves the way for other alternatives to be given a fair hearing, Wellington Labour MPs Grant Robertson and...
    Labour | 22-07
  • Reo Māori Policy Launch
    MANA will be launching its Reo Māori policy at 10am Thursday 24 July, at Matangireia (the old Māori Affairs Select Committee room at Parliament). We will also be addressing our concerns regarding the Minister of Māori Affairs Māori Language Strategy...
    Mana | 22-07
  • Basin Flyover decision victory for common sense
    The Green Party welcomed the Environmental Protection Authority's draft decision announced today not to allow the $90 million Basin Reserve flyover in Wellington to proceed."Both popular and expert opinion opposed the flyover. The proposal was expensive, unnecessary and would have...
    Greens | 22-07
  • Loss Leading could destroy Kiwi lamb’s reputation
    Meat companies that supply supermarkets and sell New Zealand lamb as a loss leader in the United Kingdom should lose their access to this valuable quota market, said Labour’s Primary Industries spokesperson Damien O’Connor. “Our reputation as a Lamb producer...
    Labour | 22-07
  • Ae Marika! 22 July 2014
    The big storm has gone, but the damage that it did and the saturation levels that it reached meant that smaller storms quickly overwhelmed roading, and water-flow systems again in the north. And although certain individuals are talking up the...
    Mana | 21-07
  • 2014 Roger Award nominations now open
    The Roger Award is for The Worst Transnational Corporation Operating in Aotearoa/New Zealand in 2014 Nominations are now open please visit the website to nominate the worst TNC in Aotearoa. You will need to include reasons why you think your...
    Mana | 21-07
  • Labour will revive the regions with new fund
    The next Labour Government will co-develop Regional Growth Plans for every region of New Zealand and will invest at least $200 million in a fund to create breakthrough opportunities for jobs and sustainable growth, Labour Leader David Cunliffe says....
    Labour | 21-07
  • Speech to Local Government New Zealand
    Speech to the Local Government New Zealand Conference 2014 Read our full regional development policy Download Introduction Early in my time as an MP I went for a long walk on a windswept Kare Kare beach with Waitakere mayor Bob Harvey. We talked...
    Labour | 21-07
  • Stop Israeli State Terror – Rally and March this Saturday 26th July, Aote...
     The humanitarian crisis in Gaza is getting much worse and the world is marching in unprecedented numbers. New Zealanders spoke out strongly last Saturday with a march of 5,000 people in Auckland (see picture below) – the biggest march ever...
    Mana | 21-07
  • NZ needs to assist UN with aid for Gaza
    The New Zealand Government should support the United Nation's efforts to raise money to assist humanitarian aid for the people of Gaza, the Green Party said today.The United Nations Relief and Works Agency for Palestine Refugees (UNRWA) has made a...
    Greens | 21-07
  • INTERNET MANA ROAD TRIP- LEG 2
      WAIKATO / TARANAKI / MANAWATU-WANGANUI  Tuesday July 29th, 6pm | RotoruaDistinction Hotel, Fenton Ballroom, 390 Fenton Street, Rotorua  Wednesday July 30th 6pm | HamiltonWaikato University, Price Waterhouse Coopers Lecture Theatre, Gate 7, Hillcrest Rd Hamilton  Thursday July 31st, 6pm |...
    Mana | 21-07
  • Road fix needed now, not later
    Northland’s roading system is in chaos and needs fixing fast, Labour List MP Kelvin Davis says.  “According to NZTA’s 10 year funding data every area of Northland has had a decrease in NZTA funding since 2008...
    Labour | 20-07
  • KiwiSaver innovations needed to build wealth
    The innovative changes to KiwiSaver suggested by the Financial Services Council today will be seriously considered by Labour as part of plans to make KiwiSaver universal, Labour’s Finance spokesperson David Parker says. “Universal KiwiSaver is an essential part of Labour’s...
    Labour | 20-07
  • Greens announce 20 hours free ECE for two year olds
    The Green Party today announced that its key social platform for this election will be to tackle child poverty and inequality by ensuring every child in New Zealand has enough to thrive.The Green Party will make a series of policy...
    Greens | 20-07
  • MANA Pasifika Says NO To Discrimination
    Vice Chairperson of MANA Pasifika James Papali’i  feels for Ms Tupou and her children after they were served with trespass orders from their  local swimming pool in new market. With no warning or explanation from the pool staff Police ordered...
    Mana | 20-07
  • MANA Movement policy release – Economic Justice – John Minto
    Address notes from Mana Economic Justice Spokesperson and co-vice President John Minto to Economic policy launch in Kelston – 2pm, Sunday 20 July 2014. Reducing inequality and giving everyone a fair go MANA Movement’s policy prescription for a rich man’s...
    Mana | 20-07
  • One-sided reporting on the Middle East Conflict
    The following was sent to New Zealand Herald, Fairfax Media, Radio New Zealand, Television New Zealand, TV3, Radio Live and ZB Network. We are writing to all of you because there are well established patterns of reporting which seem to have been adopted by New Zealand...
    Mana | 20-07
  • So we can’t feed the kids, the poor OR the sick now?
    Let me get this straight. We can borrow $10 billion in tax cuts over the last 6 years for the richest NZers, but we can not feed the kids, the poor or even the sick now? Revealed: Warning over hospital food...
    The Daily Blog | 26-07
  • Kim Dotcom has said it, Laila Harre has said it and now David fisher says i...
    Fascinating piece by David Fisher in the NZ Herald breaking down how many opportunities the Government had to listen to officials and stop KDC entering the country and concludes KDC should never have been allowed in… It prepared papers for the...
    The Daily Blog | 25-07
  • You, Me and the GCSB Public Meetings
      The GCSB and TICS legislation rushed through Parliament by John Key represent the largest erosion of civil liberties this country has seen since the 1951 Waterfront Lockout. In the post Snowden world we now know a mass surveillance state operating...
    The Daily Blog | 25-07
  • A feminist takedown of Whale Oil
    Whale Oil does it again. How many more times is he going to attack and discredit Tania Billingsley publicly? In a short blog published on Wednesday ‘Nothing to be sorry for‘ Whale Oil also known as Cameron Slater, is defending John Key...
    The Daily Blog | 25-07
  • GUEST BLOG: Curwen Ares Rolinson – New Zealand First – We’ll Be Back
    Earlier this week, Bomber penned a missive which set out in some detail why he thought my people, New Zealand First, wouldn’t be making it back into Parliament later this year. Being a pugnacious, vindictive sort who’d never let such an...
    The Daily Blog | 25-07
  • The changes teachers DO want
    “Oh you teachers, you just want everything to stay the same – what’s wrong with choice?  Bloody teachers.  Typical that you don’t want testing – trying to hide that you’re all useless. What about our poor kids?  Gnash gnash rant rant...” That’s...
    The Daily Blog | 25-07
  • A feminist take down of Whale Oil
    Whale Oil does it again. How many more times is he going to attack and discredit Tania Billingsley publicly? In a short blog published on Wednesday Nothing to be sorry for Whale Oil also known as Cameron Slater, is defending John Key...
    The Daily Blog | 25-07
  • On so called Labour Party ‘distractions’
    The right wing of the Labour Party are constructing a narrative that Labour need to stop chasing distractions and focus on the real issues that matter and not these silly GCSB, inequality, domestic violence, media bias, TPPA issues. It is...
    The Daily Blog | 25-07
  • Selfies: Labour’s Electorate MPs are at it again
    IT’S A LITTLE TRIANGLE of grass at the corner of Rewa Street and Mt Eden Road, ideal for election hoardings. Wandering along Mt Eden Road last Saturday morning to our weekly appointment with the brunch menu at Orvieto, my family and...
    The Daily Blog | 25-07
  • Well, well, well – Jonathan Coleman did know about FBI interest into Kim ...
    Last years GCSB Town Hall meeting in Auckland Oh dear, the cover up and lies are starting to fall over now aren’t they… Coleman knew of FBI interest in Dotcom pre-residency decisionGovernment minister Jonathan Coleman knew the FBI was interested...
    The Daily Blog | 24-07
  • Why You Must March Against Factory Farming This Saturday, 12pm
    The rally this Saturday is critical because this is the FIRST TIME IN NEW ZEALAND HISTORY that a major party has agreed to ban all intensive factory farming practices. The Labour party, the Greens, Internet-Mana, the SPCA, SAFE and other...
    The Daily Blog | 24-07
  • Astronaut tweets photo of explosions over Israel and Gaza from space
      This is what a war zone looks like from space: From aboard the International Space Station, German astronaut Alexander Gerst tweeted this image as the station passed over Israel and Gaza in what he called ‘his saddest photo yet’....
    The Daily Blog | 24-07
  • When Firstline are focusing on flag burning rather than dead Palestinian ch...
    The IDF are butchering children in UN schools this morning and what’s the big issue on TV3s Firstline? Flag burning. How pathetic, and what a slap in the face to Mike McRoberts who is currently risking his life in Gaza...
    The Daily Blog | 24-07
  • ‘Victim’ vs ‘Terrorist’
    ‘Victim’ vs ‘Terrorist’...
    The Daily Blog | 24-07
  • Petition asking TVNZ to stand Hosking down as election moderator jumps to o...
    In just a day the petition calling on TVNZ to replace Hosking as the election moderator has jumped to over 2500, you can sign it here. The defence that the Right are trying to run here is that John Campbell...
    The Daily Blog | 24-07
  • When the mainstream media go feral: the descent into sheer farce, according...
    . . It had to happen, I guess… The media pack-campaign against Labour Leader David Cunliffe has managed to  plumb new depths of absurdity. On TV3, on 24 July,  TV3/Tova O’Brien ran this report on their 6PM News bulletin, about...
    The Daily Blog | 24-07
  • Coalition for Better Broadcasting: MIKE HOSKING FOR PM?
    Yes indeed. Mike Hosking is for the PM. And now he’s able to do even more as moderator (or should that be immoderator) of TVNZ’s election debates. Here at the Coalition for Better Broadcasting we feel it’s pretty safe to say that...
    The Daily Blog | 24-07
  • The lie that “There is no alternative” to neo-liberal economic policies
    Supporters of President Maduro in Venezuela rally   Since the 1980s we have had drubbed into our heads that there was no alternative to the economic and social policies unleashed at that time. It even had it’s own acronym – TINA. The...
    The Daily Blog | 24-07
  • A Kanaky tale of mining skulduggery and environmental courage
    Florent Eurisouké … still campaigning against mining. Photo: Del Abcede/PMC David Robie also blogs at Café Pacific AN EXTRAORDINARY story of mining skulduggery and a courageous struggle by indigenous Kanak environmental campaigners has been captured in a poignant new documentary,...
    The Daily Blog | 24-07
  • UNBREAKING: The list of questions Mike Hosking will use in first TVNZ leade...
    “Good evening ladies and gentlemen and welcome to the first TVNZ leaders debate being held live in the gloriously beautiful Sky City ball room. It’s such a beautiful building boys and girls, we are so blessed to have Sky City...
    The Daily Blog | 24-07
  • Internet Party Party review
      I have been to A LOT of political party functions in my time, and they tend to be dull affairs at the best of times but what is happening with Internet MANA is something quite exciting. I went to...
    The Daily Blog | 24-07
  • Dear Seven Sharp – after learning Hosking will be the leaders debate ...
    I have to be honest, I had made the decision last night  to accept Seven Sharp’s hastily offered opportunity to appear on their show after I savagely criticised the bullshit whitewash story they did on John Key’s favourite far right hate speech...
    The Daily Blog | 23-07
  • National refuses meeting with Maui’s advocates
    MIL OSI – Source: Green Party – Headline: National refuses meeting with Maui’s advocates Wednesday, 23 Jul 2014 | Press Release This is another reminder that the National Government does not care about the survival of the Maui’s dolphin National...
    The Daily Blog | 23-07
  • Message from CTU President Helen Kelly
    MIL OSI – Source: Unite Union – Headline: Message from CTU President Helen Kelly Dear MikeThere’s only 43 days until September 3, when voting in the General Election starts. The last day to vote is September 20.Thanks heaps for signing...
    The Daily Blog | 23-07
  • MANA Tamaki send a challenge to Labour
    MIL OSI – Source: Mana Movement – Headline: MANA Tamaki send a challenge to Labour Posted on July 23, 2014 by admin in Joe Carolan, Press Releases“Labour should set the agenda and purposely do something positively controversial once a week”,...
    The Daily Blog | 23-07
  • We must act to save our dolphins
    MIL OSI – Source: Labour Party – Headline: We must act to save our dolphins A new report makes it clear for the urgent need to protect Maui’s and Hector’s dolphins while arguing  it is clear that there is no...
    The Daily Blog | 23-07
  • School told to manipulate national standards data
    MIL OSI – Source: Labour Party – Headline: School told to manipulate national standards data Parents can have little confidence in the Government’s National Standards after an Auckland school was told to manipulate its data so it added up, Labour’s...
    The Daily Blog | 23-07
  • Regional economies must have tailored plans
    MIL OSI – Source: Labour Party – Headline: Regional economies must have tailored plans News that up to 114 jobs could be lost from Fonterra’s Canpac plant in Hamilton reinforces the need for a government plan to build resilient regional...
    The Daily Blog | 23-07
  • Auditor General slams Shared Services project
    MIL OSI – Source: Labour Party – Headline: Auditor General slams Shared Services project The Auditor-General’s Office could not have been more damning about the 18 months spent on the Central Agency Shared Services (CASS) project at the Finance and...
    The Daily Blog | 23-07
  • Fonterra job losses a massive blow to Waikato
    MIL OSI – Source: Labour Party – Headline: Fonterra job losses a massive blow to Waikato The potential loss of up to 114 jobs from Fonterra’s Canpac plant in Hamilton is a massive blow to the Waikato region which has...
    The Daily Blog | 23-07
  • Basin flyover decision an opportunity for capital
    MIL OSI – Source: Labour Party – Headline: Basin flyover decision an opportunity for capital The decision to reject the proposed flyover at the Basin Reserve must be taken as an opportunity to properly fund Wellington’s transport future and must...
    The Daily Blog | 23-07
  • Indonesia: New President Widodo must make good on human rights pledges
    MIL OSI – Source: Amnesty International NZ – Headline: Indonesia: New President Widodo must make good on human rights pledges Indonesia’s new President Joko Widodo must deliver on campaign promises to improve Indonesia’s dire human rights situation, Amnesty International said....
    The Daily Blog | 23-07
  • Communities in Sierra Leone turn their backs on female genital mutilation
    MIL OSI – Source: Amnesty International NZ – Headline: Communities in Sierra Leone turn their backs on female genital mutilation While activists gather in London to discuss strategies to tackle female genital mutilation, communities across Sierra Leone have been taking...
    The Daily Blog | 23-07
  • The Gambia: Activists mark 20 years of iron-fisted repression
    MIL OSI – Source: Amnesty International NZ – Headline: The Gambia: Activists mark 20 years of iron-fisted repression The Gambian government must abolish the laws and iron fisted practices that have resulted in two decades of widespread human rights violations,...
    The Daily Blog | 23-07
  • A blog from the front lines of Palestine: It’s time for a new narrative
    I don’t know if I follow trouble or if trouble follows me, but somehow I seem to have found myself near one of the world’s hotspots again. The difference this time is that instead of sitting in some obscure location,...
    The Daily Blog | 23-07
  • GUEST BLOG: Michael Wood – The Path Ahead
    It’s well established that Labour has had a difficult couple of weeks. Getting back on to a successful path requires our focus to shift from looking inwards to outwards, heightened discipline, and inner conviction. While my assessment of New Zealand...
    The Daily Blog | 23-07
  • Employers liquidating companies to avoid paying minimum entitlements
    Across the union movement we have seen a number of documented cases now where companies are liquidating their business in order to avoid their legal obligations, in terms of paying the minimum entitlements to their workers. The most recent example...
    The Daily Blog | 23-07
  • GUEST BLOG: Joe Carolan : Positively Controversial
    The protest in Auckland last weekend that the NZ Herald claimed was attend by only a hundred people. Labour should set the agenda and purposely do something positively controversial once a week. A good start would be for all their...
    The Daily Blog | 23-07
  • Come on TV3 News – you are better than regurgitating Israeli propaganda
    Say it isn’t true TV3 News, you are seriously bitching about this???? The leader of the Mana Party, Hone Harawira, has supported flag burning at a pro-Palestinian march in Auckland at the weekend. Mana Party flags can be seen in...
    The Daily Blog | 23-07
  • The brutal siege of Palestine
    70 years ago the Jews of Europe suffered as much as any people can suffer. The Nazis set about ethnic cleansing and sent 6 million to their death. Today we watch in horror as Israel, the Jewish homeland created after...
    The Daily Blog | 23-07
  • When the mainstream media go feral: A tale of two holidays
    . . The recent non-story on David Cunliffe’s three day holiday should be proof-positive that the mainstream media (msm) is fixated on pumping out as many “bad news” reporting as can be generated by a headline-seeking; advertising-driven; lazy corporate-media system....
    The Daily Blog | 23-07
  • Canterbury housing crisis a moral, economic, health, education, and social ...
    Can they build it? No they can’t.  Occasionally I come across people who don’t believe me when I say there is a housing crisis in Christchurch.  Despite all the evidence to the contrary.  Even when I tell them that every...
    The Daily Blog | 23-07
  • Respected world visionaries of the past speak out on Israel
    Respected world visionaries of the past speak out on Israel...
    The Daily Blog | 23-07
  • From Here To There: How did Labour become so hopelessly lost?
    WRITING ABOUT the Labour Party these days puts me in mind of the joke about the American tourist and the Irish farmer. Seems there was this American tourist driving down a narrow lane in the heart of Ireland. He needed...
    The Daily Blog | 23-07
  • Oh NOW everyone thinks the ABCs are up to no good?
    Goodness last months June seems like years away doesn’t it? In June I pointed out a move by the ABCs to destabilise Cunliffe was under way. For pointing this out, Labour Party bloggers Rob Salmond and Lynn Prentice rushed to put...
    The Daily Blog | 23-07
  • Dear Seven Sharp – I have little interest in appearing on your show so th...
    After savagely critiquing Seven Sharp for trying to whitewash the repulsive history of a far right hate speech merchant like Cameron Slater yesterday, Seven Sharp have contacted me and offered to do a profile on me. Here is their email…...
    The Daily Blog | 23-07
  • Basin Flyover decision victory for common sense
    MIL OSI – Source: Green Party – Headline: Basin Flyover decision victory for common sense Tuesday, 22 Jul 2014 | Press Release “Both popular and expert opinion opposed the flyover. The proposal was expensive, unnecessary and would have undermined the...
    The Daily Blog | 22-07
  • CPAG Newsletter July 2014
    MIL OSI – Source: Child Poverty Action Group – Headline: CPAG Newsletter July 2014 22 July 2014 New child poverty data nothing to celebrate New data released by the Ministry of Social Development  indicates people living below the poverty line are worse...
    The Daily Blog | 22-07
  • Hotel ordered to pay $80,000 in outstanding wages
    MIL OSI – Source: Unite Union – Headline: Hotel ordered to pay $80,000 in outstanding wages An Auckland hotel has been ordered by the Employment Relations Authority to pay nearly $80,000 in outstanding wages to two employees. Filipino couple Abraham...
    The Daily Blog | 22-07
  • Rising interest rate and dollar driving manufacturing exports back to Globa...
    MIL OSI – Source: CTU – Headline: Rising interest rate and dollar driving manufacturing exports back to Global Financial Crisis levels The Council of Trade Unions is calling on the Reserve Bank not to raise interest rates on Thursday. “Another...
    The Daily Blog | 22-07
  • The Nation 26,27 July: Flavell & Harawira, Joe Hockey
    On The Nation this weekend…. With the Maori seats primed to play a pivotal role this election, Torben Akel reports from the key battlegrounds and meets the top contenders. Then the Maori Party co-leader Te Ururoa Flavell and Mana Party...
    Scoop politics | 25-07
  • Announcement of New Zealand First Candidate for Rangitīkei
    New Zealand First has endorsed Dr Romuald (‘Rom’) Rudzki as the candidate for the Rangitīkei Electorate in the 2014 General Election....
    Scoop politics | 25-07
  • Labour Offer Len Brown a Hotel Tax
    The Taxpayers’ Union is slamming the Labour Party's plan to allow councils to levy new 'pillow taxes' and regional petrol taxes. Reacting to this afternoon’s NZ Herald report Jordan Williams, Executive Director of the Taxpayers’ Union ,...
    Scoop politics | 25-07
  • Cell phone evidence a first
    Cell phone evidence a first Evidence gathered solely from a cell phone has been used for the first time to convict a Hastings man for possessing child sexual abuse pictures. Michael Lawrence Worsnop, a 29-year-old orchard worker pleaded guilty to...
    Scoop politics | 25-07
  • New Zealand Aid Worker Helping in Gaza
    A New Zealand Red Cross nurse working in Gaza says she has never experienced anything like the current conflict in her long aid work career....
    Scoop politics | 25-07
  • Parking officers deserve safety at work
    The union representing the Auckland Transport parking officer severely beaten on July 17 says everyone has a right to go about their job without fear for their safety....
    Scoop politics | 25-07
  • Caritas Aotearoa NZ to provide Gaza humanitarian aid
    Caritas Jerusalem is providing medical assistance, food and other necessities to the thousands of vulnerable people affected by the escalating conflict in Gaza, and Caritas Aotearoa New Zealand is contributing an initial $20,000 to support the humanitarian...
    Scoop politics | 25-07
  • ALCP challenges parties to support Charlotte’s Web
    The leader of the Aotearoa Legalise Cannabis Party Julian Crawford is calling on all other political parties to state their position on using cannabis oil to treat pediatric epilepsy....
    Scoop politics | 25-07
  • Oxfam accepts cheque from Pacific Corporation Foundation
    Oxfam New Zealand has accepted a cheque for almost $1000 today from the Pacific Corporation Foundation toward recovery efforts in the Solomon Islands, following April’s flash flooding that left thousands homeless....
    Scoop politics | 25-07
  • Draft report and decision – Pūhoi to Warkworth proposal
    The Ara Tūhono – Pūhoi to Wellsford Road of National Significance: Pūhoi to Warkworth section Board of Inquiry has released its draft report and decision....
    Scoop politics | 25-07
  • New Zealanders willing to pay tax to protect dolphins
    A report released this week shows a large majority of New Zealanders want Maui’s and Hector’s dolphins protected and they are prepared to pay for it....
    Scoop politics | 25-07
  • Stop Smart Meters
    “The Democrats for Social Credit Party (DSC) wholeheartedly endorses the Stop Smart Meters campaign for a moratorium on installations of smart meters until the technology is proven not be a risk to health, and until home owners are given a...
    Scoop politics | 25-07
  • Maori Roll Electors Urged to Vote Strategically
    Voters enrolled in the seven Maori electorates must learn to maximize their influence by voting strategically, according to the Maori Party candidate for Te Tai Tokerau, Rev Te Hira Paenga....
    Scoop politics | 25-07
  • Politicians Ignore Families’ Concerns on Street Prostitution
    Family First NZ says that politicians are ignoring the concerns of families, lack the will to take appropriate action, and are happy to drag the ongoing problem of street prostitution into the next parliamentary term....
    Scoop politics | 25-07
  • Plunket celebrates Te Wiki o te Reo Māori
    Plunket is proud to celebrate Te Wiki o te Reo Māori (21-27 July), with Plunket people across the country among several thousand New Zealanders taking part and increasing their kete of knowledge in te reo....
    Scoop politics | 25-07
  • Coleman must quit or be sacked over Dotcom case
    Immigration New Zealand has done the right thing in distancing itself from Jonathan Coleman’s claims that ministers were not aware of FBI involvement in Kim Dotcom’s residency application, says the Internet Party. Internet Party leader Laila Harré...
    Scoop politics | 24-07
  • Auckland Councillors, Not Emperors
    25 JULY 2014 Responding to the NZ Herald report that Auckland Councillors have voted to keep their ratepayer-funded business class travel perks, and considered new rules that would have exempted councillors from Auckland City's parking charges, Taxpayers’...
    Scoop politics | 24-07
  • Cunliffe Looks Dodgy Lunching with Sex Offender
    Conservative Party Leader Colin Craig says that David Cunliffe's social meeting with a known sex offender while on holiday "looks pretty dodgy."...
    Scoop politics | 24-07
  • Taxpayers’ Union Back LGNZ Calls For Greater Transparency
    The Taxpayers’ Union is backing Local Government New Zealand’s calls for the Official Information Act to be extended to cover the Local Government Commission. Union Executive Director, Jordan Williams, says:...
    Scoop politics | 24-07
  • Lecture series to provide insight into 2014 election
    Could National’s refusal to reform MMP lead to the defeat of the government? Is the media providing voters with the information they require to make an informed electoral decision? What directions might John Key’s leadership take if he secures...
    Scoop politics | 24-07
  • National Rally Against Factory Farming
    Animal advocates and members of the public all over New Zealand will unite for a ‘National Day of Action Against Factory Farming’ Saturday, tomorrow 26 July in response to two recent exposés that showed horrific conditions on pig factory farms....
    Scoop politics | 24-07
  • Women in Politics Finds Support at Conference
    Women in Politics, a brand-new organisation for New Zealand women in political office, was met with overwhelming support at the 2014 Local Government New Zealand Conference held this weekend in Nelson....
    Scoop politics | 24-07
  • The Government’s Fresh Water Policy – REVISITED
    Fresh water quality is the latest area to be in the sights of Gareth Morgan and his research organisation The Morgan Foundation. They enlisted a group of 16 scientists to help them review the government’s new fresh water policy....
    Scoop politics | 24-07
  • Restoration of Post-graduate Allowances to be Key Issue
    As students prepare for the early voting that will take place on all university and many polytechnic campuses next month, the restoration of post-graduate allowances, removed by the current government in 2013, is emerging as a key election issue....
    Scoop politics | 24-07
  • Honesty for Taxpayers
    ACT has a new proposal to make our democracy more accountable. The proposal may seem small but it could be the most significant idea in this election....
    Scoop politics | 24-07
  • Mike Hosking for PM?
    The Coalition for Better Broadcasting is adding its voice to the many appalled at TVNZ’s choice of Mike Hosking as moderator for the upcoming political debates....
    Scoop politics | 24-07
  • ‘Party Party’ Hitting the Right Notes
    The “sold out” sign has gone up at the Internet Party’s concert in Christchurch tonight. A capacity crowd of 1000 will be at The Foundry for the Party Party concert, part of a major national musical tour aimed at getting...
    Scoop politics | 24-07
  • New Electoral Commission Campaign Launches This Weekend
    New Electoral Commission Campaign Launches This Weekend More non-voters than ever before say they don't feel like their vote is worth anything, or that their opinion matters. It's a trend that concerns the Electoral Commission, and the reason for...
    Scoop politics | 24-07
  • Umere says ‘taihoa’ on Māori Language Strategy
    A Maori Language advocacy group, Umere, is calling for a rain check on the Māori Language Strategy Bill, which is being introduced to parliament this week. "The submissions on the MLS have been released by Te Puni Kōkiri and they...
    Scoop politics | 24-07
  • High cost of GP visits still a barrier for older children
    Free doctor's visits should be extended to all children under 18 as GP charges are a significant barrier for low income families, says Child Poverty Action Group....
    Scoop politics | 24-07
  • David Cunliffe happy to hide sex offender’s identity
    ..:: For immediate release ::.. 24/07/14 David Cunliffe happy to hide sex offender’s identity - (and in fact enjoy lunch with them)...
    Scoop politics | 24-07
  • More kids in Southland and Otago are achieving
    Clutha-Southland National candidate Todd Barclay says the Public Achievement Information for 2013 shows New Zealand children are doing better across the whole education system....
    Scoop politics | 24-07
  • Flavell mistaken
    In response to Mr Flavell’s tirade this afternoon Conservative Party Leader Colin Craig advises "Mr Flavell is simply mistaken in his comments."...
    Scoop politics | 24-07
  • High cost of GP visits still a barrier for older children
    Free doctor's visits should be extended to all children under 18 as GP charges are a significant barrier for low income families, says Child Poverty Action Group....
    Scoop politics | 24-07
  • Taxpayers’ Union Lay Complaint with Speaker
    The Taxpayers’ Unio n has written to Parliament's Speaker, the Rt. Hon. David Carter, asking him to step in and investigate the claims on the WhaleOil blog that taxpayers’ money is being improperly used for Mana Party election campaign hoardings....
    Scoop politics | 24-07
  • MANA launches te reo Māori policy
    “MANA is launching its te reo Māori policy this morning ahead of the first reading of the government’s Māori Language Strategy Bill this afternoon”, said MANA deputy leader and candidate for Waiariki, Annette Sykes....
    Scoop politics | 24-07
  • Candidate welcomes award of platinum exploration permits
    Clutha-Southland National candidate Todd Barclay has welcomed the Government’s decision to award Lynx Platinum Limited two exploration permits in Southland. Mr Barclay said the minerals industry is an important part of New Zealand’s economy...
    Scoop politics | 24-07
  • Pokie spending and numbers continue to drop
    Pub and club gaming machine expenditure in the year ended June 2014 fell 2.4 per cent from $826.3 million to $806.2 million. There were also fewer licence holders, gambling venues and gaming machines compared with 12 months earlier. Licence holders...
    Scoop politics | 24-07
  • New Zealand Police to assist in MH17 victim identification
    New Zealand Police is sending three Disaster Victim Identification (DVI) specialists to the Netherlands to assist in the international effort to identify victims from the MH17 tragedy....
    Scoop politics | 24-07
  • Oil Spill Response Strategy available for consultation
    Maritime New Zealand (MNZ) is inviting comment on its draft updated New Zealand Marine Oil Spill Response Strategy....
    Scoop politics | 24-07
  • Police response to IPCA report on Rewa investigation
    Police accept the findings of today's IPCA's report regarding its investigations into offending by Malcolm Rewa in Auckland in the 1980s and 1990s....
    Scoop politics | 23-07
  • Well-known kiwis sign on to stop ivory trade
    Today the Foreign Affairs, Defence and Trade Select Committee will consider a complete ban on the ivory trade in response to a petition by Auckland teacher Virginia Woolf and policy analyst Fiona Gordon....
    Scoop politics | 23-07
  • Commonwealth Games are not being captioned in New Zealand
    As members of the Captioning Working Group, The National Foundation for the Deaf and Deaf Aotearoa New Zealand call for broadcast captioning of the 2014 Commonwealth Games...
    Scoop politics | 23-07
  • Majority of Commonwealth countries are already republics
    The Glasgow Commonwealth Games are here and it's a common misbelief that a Kiwi republic would mean that New Zealand would have to leave the Commonwealth. In fact, nothing could be further from the truth....
    Scoop politics | 23-07
  • Police handling of Rewa Investigation
    Although an Independent Police Conduct Authority inquiry has identified some faults with a series of investigations conducted by Police into offending by Malcolm Rewa, there is insufficient evidence that any of these impacted on the ability of Police...
    Scoop politics | 23-07
  • IPCA findings on Police handling of Rewa Investigation
    Good morning everyone. I’d like to begin today by explaining that this is an informational press conference and that I will not be taking questions at its conclusion. The reason for that is the report’s findings are the result of...
    Scoop politics | 23-07
  • Pay It Back Ms Hauiti
    Responding to the Newstalk ZB report that disgraced MP Claudette Hauiti is refusing to confirm whether or not she has reimbursed taxpayers for misuse of her Parliamentary 'P-card', Taxpayers’ Union Executive Director, Jordan Williams, says: “Ms Hauiti...
    Scoop politics | 23-07
  • RSA thanks NZ for $1.7m collected during Poppy Appeal
    The RSA today announced that over $1.7 million was donated to the 2014 Poppy Appeal for the support of veterans, ex-service men and women and their families in need....
    Scoop politics | 23-07
  • Students encouraged to be brave and never give up
    Students encouraged to be brave and never give up if they want to 'make it happen'...
    Scoop politics | 23-07
  • New Zealanders want to pay more to protect dolphins
    A report released this week shows a large majority of New Zealanders want Maui’s and Hector’s dolphins protected and they are prepared to pay for it....
    Scoop politics | 23-07
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