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From failure to farce

Written By: - Date published: 7:44 am, October 11th, 2013 - 95 comments
Categories: privatisation - Tags:

“John Key’s asset sales have descended from failure to farce” – that’s how Metiria Turei described the announcement that Mighty River Power will be buying back shares just five months after they were privatised. Clayton Cosgrove put it more bluntly: “It’s a good thing the government doesn’t own a brewery cos they couldn’t organise a pi .. a DRINK in one”.

What a cock-up the whole process has been. The sales costs have blown out to $124m and are set to at least double. Less than half the ‘mum and dads’ they expected showed up. They got less money than they expected for Mighty River (and now, wise after the fact, the analysts all claim it was over-priced).

Now, these shares that were supposedly all about helping Kiwis get diversified savings are being bought back by the company in a transparent attempt by the MRP board to try to revive its ailing share price, which is about to come under even more pressure with the fire-sale of Meridian.

If they get out now, the average ‘mum and dad’ will have lost a grand. And I reckon plenty of them will get out while the getting is good.

I’m really looking for to the referendum. Key’s said he’ll put the ‘no’ vote against the number of people who voted National in 2011 (most of whom, incidentally, opposed asset sales). It’s going to be great when New Zealanders get ot give him an arse-kicking over these stupid asset sales.

95 comments on “From failure to farce”

  1. Tracey 1

    Given the poor turnout in local body elections you shouldnt get too excited about referendum turnout. The govt is doing a gd job dissuading people by telling them they are wasting their time.

    • ghostwhowalksnz 1.1

      They would say that-” Democracy is a waste of time”- which they keep proving in many ways

      Of course their crony capitalist mates want it that way as well.

  2. framu 2

    typo? – should it read “I’m really looking forward to the referendum”?

  3. Lanthanide 3

    “I’m really looking for to the referendum. Key’s said he’ll put the ‘no’ vote against the number of people who voted National in 2011 (most of whom, incidentally, opposed asset sales). It’s going to be great when New Zealanders get ot give him an arse-kicking over these stupid asset sales.”

    Does that mean if more people vote no than voted for National, they’ll cancel the further sales? If he actually committed to that, he could be in for a surprise…

  4. deWithiel 4

    With the MSM ramming home the message that the only important things in life are yachting races, the All Blacks and Lorde, it’s hardly surprising that the local body elections have been a total disaster. Not helped, of course, by a very real recognition that local bodies are political panaceas: voters do realise that if any local body is brave enough to make a decision that runs contrary to the current government’s received ‘wisdom’, it’s almost guaranteed to be overturned either by Steve, Nick and Gerry or all three of them. However, given the emotive quality of the matter, it is possible that the electorate could be motivated to actually vote on the referendum and you would hope that the opposition parties have developed a strategy to deal properly with the issue, one that takes account of voter apathy and the hostility of our ‘masters” voices.

    • Mike S 4.1

      “With the MSM ramming home the message that the only important things in life are yachting races, the All Blacks and Lorde”

      Yes but they would also have us believe that the only important thing in the entire universe is berms.

      (Come to think of it, isn’t ‘berm’ a sort of strange little word. Apparently it comes from a military barricade or mound of earth)

  5. King Kong 5

    I agree with Cosgrove, the less the Government owns the better. It doesn’t matter whether it is breweries or power stations.

    I thought he was meant to be against asset sales.

    As for token Turei, it is impossible to take anything she says seriously, but it may warrant some consideration as there is probably no one in Parliament with more experience of failure and farce.

    • vto 5.1

      Nick Smith has great failure and farce

      Hekia Parata has certainly failed so many times it is farcical

      John Key fails to tell the truth compulsively and is an absolute farce

      Rich people like John Key like to own such assets and the fact that he wants to do the reverse for the people of New Zealand is more failure and farce

    • felix 5.2

      lolz Kong, that’s the funny thing about National and right-wing parties around the world.

      In opposition they whinge about how the state isn’t capable of running anything properly and then when they get into govt, they prove it.

      • Draco T Bastard 5.2.1

        :lol: :twisted:

      • McFlock 5.2.2

        Hmmm.

        I had just thought that tories believed everyone to be grasping, insecure, small-minded, avaricious, amoral, sociopathic, bitter, shallow, exploitative, unregenerate, paranoid, intensely stupid, and evil little scrotes because they themselves were.

        I’d never made the logical extension to that being an explanation for their obsessive belief in government incompetence, too.

      • Self-fulfilling prophecies are the easiest type to fool the voters with. ;)

    • fender 5.3

      You should really do some independent thinking around government ownership and the role governments play in getting industry and services up and running. It’s a shame up repeat your tea party lines without any consideration for reality. There was an interesting piece on RNZ last night about how the I-phone for instance is a device that relies on technology that was created by the US government.

      If the NZ government hadn’t created these power generators we would still be using candles and cooking over open fires, now that might not bother an ape who eats raw meat but it’s quite important to humans.

      Please use your limited intelligence to write better comments KK, because at the moment I’m seeing Rodney Hide in every one of your foolish comments.

      • Draco T Bastard 5.3.1

        There was an interesting piece on RNZ last night about how the I-phone for instance is a device that relies on technology that was created by the US government.

        It’s all part of the re-write of history that the RWNJs are doing:

        The personal computer emerged during this time with Apple introducing the first one in 1976. Following this, the computer industry’s boom in Silicon Valley and the key role of DARPA in the massive growth of personal computing received significant attention, but has since been forgotten by those who claim Silicon Valley is an example of ‘free market’ capitalism. In a recent documentary, Something Ventured, Something Gained, for example, the role of the State is not mentioned once in the 85 minutes spent describing the development of Silicon Valley (Geller and Goldfine 2012).

        Mazzucato, Mariana (2013-05-15). The Entrepreneurial State: Debunking Public vs. Private Myths in Risk and Innovation (Kindle Locations 1764-1768). Anthem Press. Kindle Edition.

        Private innovation has done very little to progress technology. The real risky, blue sky development has been done by governments which the private sector has then used.

        • Naturesong 5.3.1.1

          Not always.

          WWW, linux and the open source movement are good examples where socialist collectives have done the heavy lifting.
          Though even there, with the high incidence of academics, governments have been picking up some of the bill.

          • Draco T Bastard 5.3.1.1.1

            You do understand that the internet (WWW) was a development of DARPA back in the 1960s don’t you?

            What the research is showing is that the government does the research that may not actually produce stuff and, once they have a working idea, it’s passed over to the private sector to continue with. Apple and other tech firms wouldn’t exist without the US government having done the basic research into semi-conductors and operating systems. This applies to a hell of a lot of research.

            Yes, the private sector does some basic research but it’s very little to what the governments have done.

            • Naturesong 5.3.1.1.1.1

              No.

              You’re confusing the internet (ARPAnet), which was developed by ARPA (later to become DARPA) with the World Wide Web, which was developed by Tim Berners Lee with others at CERN (http://info.cern.ch), and given free to the world.

              I agree with your second paragraph, but your third appears to be a criticism of something unrelated to anything I said.

              • McFlock

                either way, private enterprise is the R&D equivalent of the cuckoo, using other people’s work to raise the next generation of thieves.

                • Naturesong

                  Correct.

                  I’m of the view that goverment funding of research either directly, through institutions like university, or even providing infrastructure to enable open source projects to develop is a very good thing indeed.

                  At which point it can be made available to the public.

                  Take as a for instance, the Americas Cup.
                  I’d be very happy to see government funding into research for more efficient harnessing of wind. And making the results of that research available to folks who like to race boats.
                  But funding the actual team? Not so much.

                  That same research might also be useful to people wanting to make better wind powered generators, or wind assisted freight ships etc …

              • Draco T Bastard

                ou’re confusing the internet (ARPAnet), which was developed by ARPA (later to become DARPA) with the World Wide Web,

                No I’m not. Without the first you wouldn’t have got the second.

                • McFlock

                  Ug invented the wheel.
                  Without the wheel we would not have the motorcar.
                  Therefore, Ug invented the motor car.

                  Printers invented markup language
                  Without markup language we wouldn’t have the WWW
                  Therefore, printers invented the WWW

                  Nah. doesn’t follow.

                • Naturesong

                  Yes and no.

                  ARPAnet was not the only game in town. Work had been done on the NPL Data Communications Network, though funding was an issue.
                  It was solving the packet switching problem that changed the game.

                  The OSI framework was also taking shape before ARPAnet
                  And given that the web is not on layers 1 – 4 it is entirely feasible that the WWW could have come into existance on a network using different protocols.

                  But, ARPAnet solved the packet switching issue, universities were connected, ethernet was developed (Xerox iirc), and the rest is history.

                  • Draco T Bastard

                    %3Cblockquote%3EARPAnet%20was%20not%20the%20only%20game%20in%20town.%20Work%20had%20been%20done%20on%20the%20NPL%20Data%20Communications%20Network%2C%20though%20funding%20was%20an%20issue.%3C%2Fblockquote%3E%0AYep%2C%20the%20government%20provided%20funding%20-%20something%20that%20private%20enterprise%20failed%20to%20do.%20Which%20is%20what%20I’ve%20been%20saying%20all%20along.%20The%20government%20provides%20two%20major%20things%20that%20the%20private%20sector%20simply%20won’t%2C%20and%20probably%20can’t%2C%20do%3A%201.)%20Long%20term%20funding%20and%202.)%20stability.%0A%0A%3Cblockquote%3E%E2%80%A6ethernet%20was%20developed%20(Xerox%20iirc)%2C%20and%20the%20rest%20is%20history.%3C%2Fblockquote%3E%0AEthernet%20couldn’t%20have%20been%20developed%20without%20the%20US%20governments%20support%20of%20the%20semi-conductor%20industry%20(research%20and%20development)%20from%20the%20late%2050s.

                    [translated]

                    ARPAnet was not the only game in town. Work had been done on the NPL Data Communications Network, though funding was an issue.

                    Yep, the government provided funding – something that private enterprise failed to do. Which is what Ive been saying all along. The government provides two major things that the private sector simply wont, and probably cant, do: 1.) Long term funding and 2.) stability.

                    …ethernet was developed (Xerox iirc), and the rest is history.

                    Ethernet couldnt have been developed without the US governments support of the semi-conductor industry (research and development) from the late 50s

              • Murray Olsen

                CERN is publicly funded. In fact, it is funded at a supranational level.
                The development of commercial air travel was publicly funded, to a large extent through the US Post Office. It is extremely difficult to find any research that became applied and useful thanks to nothing but the efforts of a Randian superhero. Even the obscene economic theories which allow them to make these claims were generally developed in public institutions. The main things they come up with in the private sector are new justiifications to get public money shovelled into their offshore accounts.

    • Shane Gallagher 5.4

      Explain how the economies of China, Singapore and South Korea are doing so well when the state owns and directs so much of those economies. Go on. Have a go.

      One is Communist, one is an oligarchy and one is a democracy.

      Oh and if you have to call someone names then you have lost the argument already. :-)

      • Puckish Rogue 5.4.1

        If Labour announced that they were going to do everything the respective governments of China, Singapore and South Korea do then I would vote labour or are you just cherry picking the bits you like?

        • framu 5.4.1.1

          how is that in any way relevant to SGs comment?

          why cant you make even a single decent argument?

        • McFlock 5.4.1.2

          We should so everything that China, Singapore and South Korea do? Including the contradictory bits, sauch as a one-child policy and setting up dating advice and opportunities for civil servants in order to combat falling fertility. And that’s just the first one that springs to mind.

          Basically, you ever voting labour involves Labour having a brain-fry that results in massive failures in logic and common sense. This, I can agree with.

  6. Sosoo 6

    I enrolled to vote yesterday for the sole purpose of voting against the nats in this referendum.

    • Chris 6.1

      Sosoo, why stop at the referendum… best way to stop asset sales is to vote National out at the 2014 elections

    • Tiger Mountain 6.2

      They don’t like it up ’em! The Asset Sales referendum is a chance for timid torys to say what they really think about the issue without an election attached. As well as the rest of us to send ShonKey a message.

      Power generation and supply should be returned to public ownership, simple as. Eddie’s post touches on the absurdity of Nationals “the patient died but the operation was a great success” approach to the whole debacle.

      Buying shares back so soon?

  7. tricldrown 7

    Kluless klutz so if a govt was able to run on returns from investments meaning that we would pay less tax or no tax at all you no doubt would be in favour of that.
    No you being a primitive primate want society to gone back to the laws of the jungle where only the strongest survive.
    Research has shown that civilization has progressed by cooperation of the human species for the benefit of all.
    Selfishness is a regression to primative behaviour .
    You have chosen your name and it fits your lack of sophistication and nanderthal behaviour well!
    So well!

    • Mike S 7.1

      “Research has shown that civilization has progressed by cooperation of the human species for the benefit of all.”

      +1 and further, research has also shown that competition is a hindrance to progress and to successful outcomes.

      “Selfishness is a regression to primative behaviour”

      Sort of disagree on that one. Selfishness is a learned behaviour.

  8. bad12 8

    What i think has happened with Mighty River Power is that the big boys, the Goldman Saches et al, that Cartel of major banking institutions who are the hidden whip crackers behind this current Government have become impatient with what they expected would be a steady flow of shares from Ma and Pa into the coffers of the Banking Cartel,

    It appears that Ma and Pa, loath to take a financial hit on bailing out of Mighty River have not done the expected and sold off Mighty river en masse so the circling sharks can snap them up,

    Hence the rather insipid attempt to inject a little ‘electricity’ into the share price with the ‘faux buy back’, many commentators believing that the shares bought back will be cancelled thus increasing the dividend yield of the remaining shares,

    The slight bump in share price this false buy back, false in the sense that these shares WILL NOT be cancelled, is supposed to give Ma and Pa yet another chance to unload in a better to take the ‘better loss’ now in case the share price drops again,(inevitably),

    Either way, the Banking Cartels are happy, Mighty River is now sitting on 2% of ‘live’ shares which quietly at some point in the future,(when no-one is looking to closely), Mighty River will swap with the Banking Cartels the shares it holds for a pile of ‘cash’,(cash which because of the US ongoing quantitative easing the Banking Cartels are awash with),

    Whichever way Ma and Pa look at their Mighty River share parcels into the future, they must now realize that this National Government have sold them, with deliberation, a Lemon, the current sleight of hand surrounding Might River shares was always going to occur one way or another…

    • SpaceMonkey 8.1

      Agreed though Goldman Sachs, et al may have made a small sum off the share price slide after shorting the MRP shares as they were listed. Well known tactic… tried and tested on many other IPO clients, e.g. Facebook.

      • bad12 8.1.1

        Aha, and if you have the biggest bag of coin putting in the bigger orders for shares at the short end of the price is always going to make that happen,

        For the Banking Cartels it’s a clean up whichever way they are playing when you consider where all those US dollars they play in the pool with have come from…

  9. Puckish Rogue 9

    “John Key’s asset sales have descended from failure to farce”

    - Oh well if Metiria Turei says it then it must be true

    • fender 9.1

      Metiria Turei makes a great deal more sense than your beloved bumbling Judith, Pukey Boy. I heard Judith talking from Sidney this morning and have concluded that she must have been drunk. But I suspect you wouldn’t care about that, and probably prefer woman who are under the influence.

    • Paul 9.2

      Your usual useless contribution.

    • bad12 9.3

      Pucker up, hows that wee parcel of Mighty river shares looking, ah choices choices, unload them now and take the hit in the pocket,(thank Slippery and National for selling you a slice of a rotten Lemon while your counting the loss),

      OR, wait and see how KiwiPower, coming to you soon after November 2014, makes the pile of useless paper you hold look, snigger…

      • ghostwhowalksnz 9.3.1

        “Unload them now ” Thats so 90s

        Do what Key did with falling value of his secret Tranzrail shares- Short them

        That why you win the bet they will fall some more- and collect on the way down

        Whats next in the great power company shell game.

        MRP has been a debacle, now they power company is becoming a share investor – who knew ?

        Meridian- buy now pay later, is just the opening gambit, lets guess the underwriters are left with 20% of the shares no one wants at nay price

        Genesis ?. yet to come, maybe it will be just like Hallensteins, buy two get one free

        Or maybe , one power company could buy up MRP ?…… oops Ive said too much all ready

        • bad12 9.3.1.1

          Mighty River a debacle???, that depends upon who you believe the ‘end user’ of the shares in Mighty River was intended by Slippery and this National Government to be,

          That also depends whether you believe that Slippery the Prime Minister had any great belief or even cared what the sale of Mighty River accrued to the Government accounts,

          If you believe the above, and i would suggest only the gullible could, then yeah sure the sale of Mighty River was one big cluster-f**k,

          Of course if you believe that the sale of Mighty River to Ma and Pa was simply political smoke and mirrors, a pathway for the likes of Goldman Saches to gain a large interest in Mighty River without the negative political connotations then what looks like one really really big f**king mess as far as Ma and Pa are concerned will be looking from the Boardroom of Goldman Saches and the other members of the Banking Cartels to be the golden egg that the golden goose has just shat out into the nest…

        • Rogue Trooper 9.3.1.2

          one generator to spin them all

      • Puckish Rogue 9.3.2

        Why would I sell them? I was more than happy with the divedend result but I’m even happier that the company is buying back shares. Its what Warren Buffett does with his companies and I’d take more notice of what he says when it comes to shares then some yahoos on a leftie website

        So if they are bought back I’ll still have made more money then if I’d left it in the bank so its all good

        and yeah I’m buying more shares

        • bad12 9.3.2.1

          Lolz, pucker up, like i said the other day, don’t forget to bend over while your at it, it is going to be a great laugh reading your whining bleat after the incoming Labour/Green Government Legislate for KiwiPower,

          Go on buy up Might River shares big-time the thought of your self inflicted losses despite being warned is laughter that will be savored repeatedly in years to come…

        • ghostwhowalksnz 9.3.2.2

          Buying more /

          So your strategy is countercylical, buy when every one else is selling ( 70 million sold on the first day of trading alone) .

          Good luck with that

        • Saarbo 9.3.2.3

          PR, if you are buying more of these shares you have no idea how Warren Buffett works. Even if NZ Power didnt go ahead, electricity shares are a very average buy at the momengt, but given NZ Power, these shares are a loser…like you I suspect.

    • Tracey 9.4

      can you point to links which show Turei has lied about anything?

      Here’s a list from your guy

      http://thestandard.org.nz/an-honest-man/

      • Puckish Rogue 9.4.1

        Oh sorry my mistake, I didn’t mean to imply shes a liar* just that shes completely hopeless and out of her depth and should stick to smoking bongs (I’m assuming thats how she comes up with whatever comes out of her mouth, I’m not actually saying she does smoke bongs)

        She earned in excess of 500 grand (mp from 2002-2007 with appropriate pay rises and perks) yet couldn’t get it together to afford a deposit on house in Auckland so had to move to Dunedin to afford a house?

        Yet somehow thousands of other people on a lot less money then her manage to do exactly that and shes now a quotable expert of anything financial?

        Labour in power: not so bad (Cunliffes already got his outs sorted for his promises)

        Labour in power with the Greens anywhere near the books: very bad

        *All politicans lie of course

        • framu 9.4.1.1

          it%20would%20be%20wiser%20to%20stop%20making%20assumptions%20-%20met%20doesnt%20smoke%20weed%20you%20ignoramus.%20Shes%20a%20qualified%20corporate%20lawyer.%20And%20yes%20i%20do%20know%20that%20for%20100%25%20fact.%0A%0AAnd%20you%20dont%20know%20shit%20about%20why%20she%20moved%20to%20dunedin%0A%0Ait%20might%20suit%20your%20stupid%20little%20fantasies%20%20-%20but%20all%20your%20doing%20is%20showing%20that%20you%20yourself%20are%20out%20of%20your%20depth%0A%0Ai%20suggest%20actually%20knowing%20what%20your%20talking%20about%20before%20proving%20your%20idiocy%20to%20all%20and%20sundry.%0A%0AIn%20fact%20-%20have%20you%20ever%20added%20anything%20other%20that%20entry%20level%20brainless%20one%20liners%3F%0A

          [translates as ]

          it would be wiser to stop making assumptions – met doesnt smoke weed you ignoramus. Shes a qualified corporate lawyer. And yes i do know that for 100% fact.

          And you dont know shit about why she moved to dunedin

          it might suit your stupid little fantasies – but all your doing is showing that you yourself are out of your depth

          i suggest actually knowing what your talking about before proving your idiocy to all and sundry.

          In fact – have you ever added anything other that entry level brainless one liners?

          [lprent: I think that something has a problem. Will look at it later. ]

          • framu 9.4.1.1.1

            what%20the%20hell%20is%20going%20on%3F%0A%0AWhat%20i%20meant%20o%20say%20was%0A%0Afact)%20-%20meteria%20doesnt%20smoke%20-%20anything%2C%20full%20stop%0Afact)%20-%20her%20moving%20to%20dunedin%20had%20absolutely%20nothing%20to%20do%20with%20auckland%20house%20prices%0A%0Aconsidering%20your%20whole%20argument%20is%20based%20on%20things%20you%20invented%2C%20and%20that%20these%20things%20arent%20true%2C%20i%20think%20you%20need%20to%20make%20an%20aplogoy%20for%20engaging%20in%20personal%20attacks%20on%20people%20who%20you%20know%20nothing%20about

            [translated as]

            what the hell is going on?

            What i meant o say was

            fact) – meteria doesnt smoke – anything, full stop
            fact) – her moving to dunedin had absolutely nothing to do with auckland house prices

            considering your whole argument is based on things you invented, and that these things arent true, i think you need to make an aplogoy for engaging in personal attacks on people who you know nothing about

          • King Kong 9.4.1.1.2

            According to the ODT;

            “Mrs Turei and her husband, Worik Stanton, moved to Dunedin in 2004 when it became apparent they could not afford a home in Auckland. The list MP is based in Dunedin.”

            So either fatso lied to the ODT during the interview she did or it is you that doesn’t know shit.

            I didn’t realise her husbands name was Worik. His parents should be shot. What kind of cum knuckle does that to a kid

            [lprent: We all cannot be named the many variants of "Ook" ]

            • framu 9.4.1.1.2.1

              shes a very old personal friend – so i think i know more than you or the media.

              just because the papers have a single quote doesnt mean that was the only thing in play

              what the fuck is it with you and the name calling – grow the fuck up, its fucking offensive

              • King Kong

                Where as I find the poor usage of the word fuck, three times in one sentence offensive.

                Different strokes for different folks, eh?

                • framu

                  difference is – its just a word – im not applying it to you personally

                  difficult concept for a monkey sure – but there is a difference

            • Paul 9.4.1.1.2.2

              That’s mature…’fatso,
              Can’t you debate the issues or is personal name calling the level of your debating skills?
              Pathetic.

          • Mike S 9.4.1.1.3

            “i suggest actually knowing what your talking about before….”

            Shhh… Let them keep going the way they are, it’s way more fun… It can be sometimes absolutely astounding to read what some people actually think, I wouldn’t want to lose that entertaining (and admittedly at times enraging) insight into their thought processes.

            The phrase “Don’t always believe what you think..” is one that some posters should dwell on.

        • RedBaronCV 9.4.1.2

          Around about the amount key has trousered from his high end tax cuts $0.5m

  10. tricldrown 10

    Pukish lack of imagination their.
    Govt bribes to get rid of shares at fire sale prices.
    Blinglish said they would not sell if they couldn’t get the minimum price
    Now with nearly $800 million of taxpayer bailout its means just another broken promise.
    $476 million write down in meridian for losses selling cheap power to tiwae.
    $30 million to rio tinto
    $60 million to bribe meridian sharee buyers
    $125 million to goldman sachs
    $120 million to advertise sales
    $50 million MRP to prop up share value.
    +Another $1 to 2 billion in lost value to existing share holders that is every NZ citizen.
    Then loss of divdends.
    This is what Key was doing at Merril Lynch.
    Riping off clients.
    Goldman sachs the same.
    Goldman sachs are facing a raft of SEC charges .
    Goldman Sachs are one of the most corrupt organizations on earth receiving $666 billion in bailouts from US treasury.
    BofA Incorporating Merril Lynch
    Received $336 billion in bailouts.
    Now shonkey is looking out for his future.
    When He moves to Hawaii He will be immediatly be appointed to the board of BofA or Goldman Sachs!

    • TightyRighty 10.1

      only at the standard could you see that much stupid in one comment and not have it moderated. Obviously you’re the average labour/greens voter who has found their voice on the internet. Congratulations on discovering modern technology. use your new found awareness sparingly though, it doesn’t seem to extend to your lack of knowledge.

      [lprent: That is because we don't moderate on content, we moderate on behaviour. For instance the behaviour that is known as "pointless abuse" which you seem to have just wandered into.

      If you read your lame and really stupid comment you will realise that there is absolutely *no* point in it. You haven't said anywhere in the comment *what* you found to be a problem in the content of the the comment you were replying to. You just jerked off on the abuse without bothering to explain why you thought it was a problem - a characteristic pig-ignorant right wing wanker compensating for their lack of intelligence with a inflated ego and little talent..

      Congratulations, you have just won a weeks ban for pointless abuse. Have an extra week for being stupid enough to be a pious wannabe PG clone trying to tell us how we should run the site (and thereby attracting my attention to your comment).. ]

      • Mike S 10.1.1

        :lol: :lol: :lol: :lol: :lol: :lol: :lol:

        lprent you just made me cry…..and my sides are hurting…..love it…

      • Chooky 10.1.2

        …me too…jolly good laugh…thanks Iprent ! (thanx Big Daddy….ooops….Esteemed Facilitator)

        (.btw…speaking of Big Daddys ….cant we have Mr Dotcom on here as an invited poster ….IT is increasingly ruling the world (even bank robbers, according to the latest New Scientist)….and I would love to know where IT /webs/devts are influencing/determining the political schemes of States and Nations…a bit of Sci Fi futuristic conjecture would also be interesting…I think it could be a big draw card to this site..and the MSM may pick up onit as well…….just a thought from a computer/technology retard)

    • Chooky 10.2

      + 100 trickledown…this is DAMNING!……maybe you should put this up again on a new Open Mike for discussion on the facts and figures….. or put it in a Post?…this is important!

      (….I for one got sidetracked by the mirth of Tighty Righty getting banned…you must have gotten under his/her skin!)

  11. Ad 11

    We are used to understanding that the state should own utilities because they are near-monopolies, with solid returns that are good for thengovernment’s accounts.

    But Lprent posted a little while back about preferring government investment into high-tech rather than pastoral industries as high tech gave far higher likelihood of higher salaries, faster innovation uptake, etc.

    So there will likely be a decision point for a Cunliffe administration on (a) what it does with the remaining unspent cash from the shares sales, and (b) could it be better to put the cash into supporting high tech R&D firms rather than old school electricity utilities in further buy-backs.

    Labour will sooner than later face what to spend their money on, there is never enough of it, so does it really make sense to get control of the electricity utilities again?

    • ghostwhowalksnz 11.1

      Your reasoning is all wrong.

      Its the hisk risk startup and new technologies that the private sector should finance.

      The essential utility safe as houses sector is where the state belongs

      As we have seen they are ‘back in the housing sector’, so National is really throwing their manifesto to the winds

    • lprent 11.2

      …Lprent posted a little while back about preferring government investment into high-tech rather than pastoral industries as high tech gave far higher likelihood of higher salaries, faster innovation uptake, etc

      Not to mention lower environmental impacts, less emphasis on service industries (important to me as I’m seldom polite or nice), and flatter tiered managerial organisations which are invariably more pleasant to work in (fewer meetings for a starter) etc etc.

      They’re also generally more fun to work in than generating agricultural commodities. And yes, I have worked the arse end of a cow (and dodged hooves and assorted liquids), done lambing beats in “spring” (cold windy squalls coming off Taupo while you have a hand stuck in a ewe’s cervix are a real downer), and carried strainers up the cliffs that some farmers laughingly call “pasture”. I did enjoy it. But not nearly as much as writing code and directly developing export markets.

  12. Ad 12

    I know Ghost and still think Lprent was wrong. I was trying to apply the reasoning from the previous debate onto asset sales.
    Having said that, we are being royally screwed as consumers by power utilities in public ownership. Unless a new government is going to regulate much harder, I can’t yet see a price benefit to public ownership.

    The other utility really bothering me is Chorus, which MSavage has posted on. Key is so weak in this area and deliberately undermining the regulator. Again, regulation and enforcement is the problem.

    So what problem are we really trying to solve bringing the power companies back into full public ownership?

    [lprent: I am often wrong as I don't have infinite time to get things right. But what am I being wrong in here? I lack context. ]

    • Draco T Bastard 12.1

      Having said that. we are being royally screwed as consumers by power utilities in public ownership.

      It’s not government ownership that does that. it’s the profit motive that does it.

      Unless a new government is going to regulate much harder. I can’t yet see a price benefit to public ownership.

      The government doesn’t need to make a profit and thus the cost should be lower.

      So what problem are we really trying to solve bringing the power companies back into full public ownership

      Three problems
      1) The dead-weight loss of profit
      2.) The inefficiency inherent in competition and
      3.) Natural monopolies.

      [lprent: Looks like a comment done in something else and passed through as a escaped URL. Run through slickedit to fix it. ]

      • Ad 12.1.1

        Can’t seem to open this.

      • Draco T Bastard 12.1.2

        NFI what happened there. Just submitted it as normal.

        • lprent 12.1.2.1

          There was an update in the re-edit plugin this morning. That would be my bet. But it did check out ok on the quick test on the test box.

          I’ll keep an eye on it. Found 2 more in the comment stream.

          Update: And 4 more in the trash. It is a classic URL/HTML escape sequence (eg %20 = space in hexadecimal)

          If anyone spots it, tell me if there was anything unusual and what browser/OS you are using.

          • bad12 12.1.2.1.1

            LPrent, the 20% is occurring all through a comment when it appears after an ‘edit’, i am using firefox…

            [lprent: Good - different browser. Bet it is the re-edit. ]

          • Draco T Bastard 12.1.2.1.2

            I’m%20using%20Chrome%20Version%2030.0.1599.69%20m%20on%20Win7.%0A%0AMade%20several%20comments%20today%20and%20that’s%20the%20only%20one%20that%20went%20bung.

            [lprent: translated that is..]

            Im using Chrome Version 30.0.1599.69 m on Win7.

            Made several comments today and thats the only one that went bung.

            [lprent: I happen to have a win7 box like that next to me right now, and a long compile. ]

      • greywarbler 12.1.3

        DTB
        Interesting mind test you set there Draco. I’ve sorted through the maze and think this summation of yours needs to be seen.

        So what problem are we really trying to solve bringing the power companies back into full public ownership?
        Three problems -
        1 The dead weight loss of profit.
        2 The inefficiency inherent in competition and,
        3 Natural monopolies.

        • Ad 12.1.3.1

          1. Big utilities should have sufficient profits to run their assets. That’s a regulatory not political task.
          2. Not sure how you would prove the comparison
          3. Again, regulation and enforcement

          • Draco T Bastard 12.1.3.1.1

            1.) Profit is over and above the costs of running the assets.
            2.) Competition increases duplication especially in unproductive administration. Also increases the need for regulation and enforcement through having to tell private companies to be nice to each other.
            3.) Transparent government ownership of natural monopolies is cheaper than massive regulation and enforcement.

            • Ad 12.1.3.1.1.1

              1. Not for utilities like ports airports and electricity. Commerce Commission has huge hearings about them.
              2. Agree they are inefficient, but it would be hard for anyone to prove the rative administrative efficiency of s public system.
              3. Well possibly, but where would you stop renationalising, why, how much, and which companies would hang around to find out?

              • Draco T Bastard

                1. Not for utilities like ports airports and electricity. Commerce Commission has huge hearings about them.

                Has absolutely nothing to do with what I said.

                2. Agree they are inefficient, but it would be hard for anyone to prove the rative administrative efficiency of s public system.
                Not really

                3. Well possibly, but where would you stop renationalising, why, how much, and which companies would hang around to find out?

                That would have to be open to discussion. I’d renationalise all natural monopolies, e.g. All international airports, ports, telecommunications, power, health etc. I’d also look at what I call demand monopolies – services that everyone uses and so having it as a state monopoly would bring about efficiencies of scale that would be lacking in a competitive environment.

  13. tricldrown 13

    Materia Turei bought a castle in Dunedin probably for the same price you would buy a garage in Auckland.
    I’ve met her and hubby in person and they are just lovely people.
    Primitive primate.
    Can’t help but resort to primal bullying.l

    • TightyRighty 13.1

      Metiria Turei and her hubby bought a castle in dunedin? Larnach? thought it was owned by a trust still?

      Have you tried buying a garage in auckland, it’s relatively cheap for the potential return. probably one of the best property investments you can make right now. certainly better than a draughty old castle, the ever imposing signal of oppression of the working class that it is.

      • Mike S 13.1.1

        A garage??? That’s luxury..

        Jeez, it’d be hard to buy a bloomin’ carpark these days (some sell for 100k plus) let alone a garage..

        Hmmmm, I’m talking with a banned person…not sure how I feel about that….hmmmm

        What’s your view on that TightyRighty?
        ….
        ….
        Hello…? You there Tighty?
        ….
        ….
        Hello?

        :lol: :lol: :lol: :lol: :lol:

  14. tricldrown 14

    Pukesh rogue so you take more notice of warren buffet Hey saysthe rich should pay their fair share of taxes and that CGT should be at the same rate as income tax after all it is income.
    You are just the minion the big boys send to do their dirty work.
    So if the returns are so good then the shortfall in dividends to the govt will have to be made up
    by you and everone elsr paying more tax.
    Your the idiot Pukesh.

    • Puckish Rogue 14.1

      I listen to his views on the share market but it doesn’t mean I slavishly agree with everything he says, for example if he wants to pay his fair share of tax he can voluntarily pay more but he doesn’t

      • Mike S 14.1.1

        Ummm…No.

        You can’t voluntarily pay more tax than what you legally are required to pay. If, for example, you sent IRD a check saying it was for extra tax over and above what you are required to pay, they will send it back or destroy it. Probably because it can’t be allocated to any legal tax item.

  15. Whatever next 15

    Going back to Tracey’s point about potential poor turnout at referendum.
    National have consistently driven propaganda that the electorate’s role in democracy is redundant, and we should leave to the ” big boys” (bit ironic).
    The results of selling assets have hit home in UK, and in the news as we speak, but it is too late. How do we point out that we could learn from what is happening there, and stop it before it starts??

  16. Whatever next 16

    Going back to Tracey’s point about potential poor turnout at referendum.
    National have consistently driven propaganda that the electorate’s role in democracy is redundant, and we should leave to the ” big boys” (bit ironic).
    The results of selling assets have hit home in UK, and in the news as we speak, but it is too late. How do we point out that we could learn from what is happening there, and stop it before it starts??

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  • Genesis: The biggest fire sale of them all
    National has finished its asset sales with a massive bonfire of a fire sale, showing once and for all how much of a disaster this programme was, says Labour’s SOEs spokesperson Clayton Cosgrove. “Just 68,000 Kiwis bought shares in Genesis,...
    Labour | 16-04
  • Interest rates rise but only smokes increasing
    Mortgage rate rises are making life harder for homeowners, and many of them will be surprised the latest CPI figures show inflation would be zero were it not for tobacco tax hikes, says Labour’s Finance spokesperson David Parker. “New Zealanders...
    Labour | 16-04
  • Term One Report Card for Hekia Parata
    Assignment Teacher’s Comments Grade      ...
    Labour | 16-04
  • Hekia Parata kept exam book errors from schools
    Schools will be appalled to learn Education Minister Hekia Parata knew since January that hundreds of exam booklets had been returned to the wrong students but said nothing about it, Labour’s Education Spokesperson Chris Hipkins says. “Exams are stressful enough...
    Labour | 15-04
  • What has ACC Minister been doing?
    The ACC Minister needs to front up and explain what, if any, changes she has made to the broken culture of ACC rather than denying that she has any part to play in the dysfunction of her Ministry, the Green...
    Greens | 15-04
  • Promise of jam tomorrow takes the cake
    A claim by Minister of Finance Bill English that average wages will climb by $7,500 over the next four years is a cynical promise of jam tomorrow by a government whose record on wage growth is atrocious, Labour spokesperson on...
    Labour | 15-04
  • Judith Collins has to fess up on ACC blunder
    ACC Minster Judith Collins must front up and tell New Zealand how many people who refused to hand over their private details to ACC have been denied cover, says Labour’s ACC Spokesperson Iain Lees-Galloway. “The legality of ACC’s privacy waver,...
    Labour | 15-04
  • Board of Inquiry conditions will save rivers in New Zealand
    The Ruataniwha dam decision released today has protected the Tukituki River and dashed the Government’s hope of the “one nutrient model” (TRIM) being adopted nationwide, says Labour’s Conservation spokesperson Ruth Dyson. “It is a massive victory for those in the...
    Labour | 15-04
  • Labour turns wheels for cycling safety
    With more than a million New Zealanders now using cycling as an attractive alternative means of transport it is past time their safety was taken seriously, Labour’s Transport spokesperson Darien Fenton says. Due to speak to a cycling rally at...
    Labour | 15-04
  • SPEECH: Institute of Directors
    LEADING AND MANAGING OUR ECONOMIC FUTURE David Cunliffe MP, Labour Leader Speech to the Institute of Directors 15 April 2014, Auckland It's a privilege to be speaking here. The Institute of Directors has a proud history of developing New Zealand's...
    Labour | 15-04
  • More Oravida endorsements from John Key
    The use of a picture of John Key in an advertisement for Oravida’s scampi products in a Chinese airline magazine is further evidence of an unhealthily cosy relationship between the National Party and this company, Labour Leader David Cunliffe says....
    Labour | 15-04
  • Workers at Canterbury Yarns need redundancy support
    Workers faced with redundancy at Canterbury Yarns need a redundancy support co-ordinator, Green Party industrial relations spokesperson Denise Roche said today.Last week, Canterbury Yarns was placed in receivership. Canterbury Yarns joins a long list of New Zealand manufacturers who have...
    Greens | 14-04
  • Making the holidays easier for Kiwi drivers
    The next Labour Government will make the holidays easier and journeys quicker for Kiwi families driving on the roads, says Labour Leader David Cunliffe. “There’s nothing Kiwis like more than getting on the road and going on holiday. But on...
    Labour | 14-04
  • Ae Marika! 15 April 2014
    Our MANA AGM down in Rotorua on the weekend was a sold-out affair – even the media were struggling to get in! Political conferences can be very dull, but not this one. We had a great line-up of speakers including...
    Mana | 14-04
  • Green light from Labour for cancer screening programme
    Labour Leader David Cunliffe has today committed to a national bowel screening programme, starting with extending the current service to the Southern and Waikato districts. “Around 3000 New Zealanders develop bowel cancer each year and about 1200, or 100 a month,...
    Labour | 14-04
  • Adequate resourcing needed for victims’ advocate
    The establishment of a victims’ commissioner role will only be meaningful if it is properly resourced to do the job of advocating for victims’ interests, Labour Justice spokesperson Andrew Little says. Justice Minister Judith Collins has just recently indicated her...
    Labour | 13-04
  • IPCC report shows Government ignoring climate experts
    The Intergovernmental Panel on Climate Change's (IPCC) report into climate mitigation, just released in Berlin, shows the National Government is ignoring the pleas of the world's best climate scientists.The report says deep and fast emission cuts are vital from all...
    Greens | 13-04
  • Japan’s quick turnaround on whaling disappointing
    News that Japan plans to recommence some form of “scientific” whaling programme so quickly after the International Court of Justice’s ruling against it is very disappointing, says David Shearer, Labour’s Foreign Affairs spokesperson. “New Zealanders expected the ICJ ruling -...
    Labour | 13-04
  • Reviewable tenancies will increase risks for vulnerable children
    Instead of kicking families out of their homes if they can pay their rent, parents with young children should have the opportunity to purchase equity in a state-built home over time, the Green Party said todayFrom July, Housing New Zealand...
    Greens | 13-04
  • 48,000 New Zealanders drinking faecally contaminated water
    Some 48,000 people were provided with water that had issues with faecal contamination, 18,000 of whom were from Canterbury, the Green Party said today. The Ministry of Health's Annual Report on Drinking-Water in New Zealand for 2012/13 shows that 48,000...
    Greens | 12-04
  • Labour will move to save the Kauri
    Labour will spend $20 million over the next 10 years to stop the spread of Kauri dieback disease, says Labour Leader David Cunliffe. “We are facing an ecological disaster with over 11 per cent of the Kauri trees in the...
    Labour | 12-04
  • SPEECH: Saving our Kauri
    Seech notes Good morning. Thank you for joining us here today. As a West Auckland MP I am very aware the kauri is an important part of this place. The Waitakere Ranges with their thousands of kauri, are a taonga....
    Labour | 12-04
  • MANA to continue negotiations with the Internet Party
    The MANA AGM has decided unanimously tonight to continue negotiaitions with the Internet Party. Within a month further negotiations, further consultation with MANA branches and a final decision on whether to proceed with a relationship is expected....
    Mana | 12-04
  • National’s tax dodge
      National’s insistence that it is cracking down on tax dodgers is little more than a bit of election year chest beating, Labour Leader David Cunliffe says. “Revenue Minister Todd McClay surely doesn’t believe collecting $100 million of an estimated...
    Labour | 12-04
  • Housing prices go up – Gens X & Y give up
    Today’s REINZ report shows house prices continue skyward while first home buyers are dropping out of the market, says Labour’s housing spokesperson Phil Twyford. “According to the Real Estate Institute of New Zealand the national median house price has risen...
    Labour | 11-04
  • Do Key and Adams support Chorus appeal?
    John Key and Amy Adams must tell New Zealanders whether they support Chorus’ appeal of the High Court’s ruling in favour of the Commerce Commission, says Labour Leader David Cunliffe. “Chorus’ appeal is a waste of time. The company is...
    Labour | 11-04
  • Is Judith Collins unapologising
    Judith Collins appears to have retracted her apology for failing to disclose her meeting with her husband’s fellow company directors and a senior Chinese border control official just weeks after being ticked off by John Key for not doing so, Labour...
    Labour | 11-04
  • Media Advisory
    There have been a few minor changes to the MANA AGM agenda. Moana Jackson is unable to attend due to family commitments. Speaking in his place on Saturday morning MANA is pleased to welcome Georgina Beyer and Willie Jackson. MANA...
    Mana | 10-04
  • Green Party requests inquiry into Peter Dunne and Trust
    Green Party MP Denise Roche today wrote to the Parliamentary Registrar of Pecuniary Interests requesting an inquiry into whether Peter Dunne should have included his involvement as chair of the Northern Wellington Festival Trust on the Register of Pecuniary Interests...
    Greens | 10-04
  • Veterans short-changed
    The Veterans’ Support Bill reported back to Parliament today rejects a key recommendation of the Law Commission Review on which it is based and ignores the submissions of veterans and the RNZRSA, says Labour’s Veterans’ Affairs Spokesperson, Phil Goff. “A...
    Labour | 10-04
  • Why Easter holidays should always be mandatory and retail free
    The moaning from retailers that they can’t open the cash registers and worship the consumer culture of consumption over Easter bores me immensely because I’ve always believed that public holidays should be mandatory. It’s not that I really care about...
    The Daily Blog | 19-04
  • Why punish the parents of the disabled?
    Parents who have adult children with disabilities saw a glimmer of hope when the promise for payment for caring for their children was given. But like most things, the complicated and relentless bureaucracy of the whole process shows a completely...
    The Daily Blog | 19-04
  • Our government: still no idea
    Happy Easter everyone, bad weather aside. A previous post of mine was called “The Government with no ideas”.  Unsurprisingly, the theme of the piece was of a current government thoroughly absent of any creative ideas or solutions to assist more...
    The Daily Blog | 18-04
  • 12 things Forbes has to say about NZs about to burst economic bubble
    Forbes is not known for their socialist or left wing activism, so when they predict a grim economic failure, we should should collectively poo ourselves a little. National often get given this perception that somehow they are better economic mangers....
    The Daily Blog | 18-04
  • That Sinking Feeling: Labour’s urgent need for persuasive words and coura...
    THE LATEST ROY MORGAN POLL has Labour on 28.5 percent (down 3.5 percent) and the Greens on 11.5 percent (down 1.5 percent). At 40 percent, the combined vote of the two main centre-left parties has fallen 5 percentage points since...
    The Daily Blog | 18-04
  • Why the Labour movement should support a Universal Basic Income
    The Mana movement’s support of the idea of a universal basic income is a welcome development. It could become one of the litmus issues that define the party and prove extremely popular. If Mana are in a position to do...
    The Daily Blog | 18-04
  • Legal high and cannabis regulation
    I marched through Henderson last month with my fellow Westies to express our concern about the impact of so called “legal highs” on our community. Some people chanted loudly calling for banning, some expressing anger at the parliamentarians who voted...
    The Daily Blog | 18-04
  • Know your Tory fellow travellers and ideologues: John Bishop, Taxpayers Uni...
    . . On 19 March, I reported on the Board members of the so-called “Taxpayers Union”. With one exception, every single member of the Taxpayers Union Board was a current (or recent) card-carrying member or supporter of the National and/or...
    The Daily Blog | 17-04
  • GUEST BLOG: Daniel Bruce – Internet Party: What Seems Ridiculous To The O...
    Imagine you’re a 18-21 year old, from a working class family. You’ve never had a landline phone at home, because your parents can’t afford the fixed monthly bills, so everyone in your familiy has a pre-pay mobile phone. Because of the same tight...
    The Daily Blog | 17-04
  • Greens to push for housing standards in MOU with Government
    Source: Green Party – Press Release/Statement: Headline: Greens to push for housing standards in MOU with Government Tuesday, 28 Aug 2012 | Press Release We don’t need any more official reports. We know the problem and we have the plans....
    The Daily Blog | 17-04
  • Mighty River squanders $3.8m preparing for sale
    Source: Green Party – Press Release/Statement: Headline: Mighty River squanders $3.8m preparing for sale Tuesday, 28 Aug 2012 | Press Release New Zealanders do not want asset sales and they do not want the Government wasting millions of dollars on...
    The Daily Blog | 17-04
  • Government’s economic agenda on shaky ground
    Source: Green Party – Press Release/Statement: Headline: Government’s economic agenda on shaky ground Monday, 27 Aug 2012 | Press Release Instead of betting on a boom and bust industry and selling off assets the government needs to invest in a...
    The Daily Blog | 17-04
  • National’s tax cuts haven’t cut tax avoidance
    Source: Green Party – Press Release/Statement: Headline: National’s tax cuts haven’t cut tax avoidance Sunday, 26 Aug 2012 | Press Release It is not fair that many rich New Zealanders are cheating on their tax. National’s 2010 tax cuts, that...
    The Daily Blog | 17-04
  • Waitangi Tribunal report adds to crisis in asset sales agenda
    Source: Green Party – Press Release/Statement: Headline: Waitangi Tribunal report adds to crisis in asset sales agenda Friday, 24 Aug 2012 | Press Release In its rush to sell our assets, National has found itself in a crisis of its...
    The Daily Blog | 17-04
  • Privacy across all departments needs checking
    Source: Green Party – Press Release/Statement: Headline: Privacy across all departments needs checking Friday, 24 Aug 2012 | Press Release “People don’t have a choice about giving their information to the state so the Government has an absolute duty to...
    The Daily Blog | 17-04
  • Reports show Government role in driving ACC dysfunction
    Source: Green Party – Press Release/Statement: Headline: Reports show Government role in driving ACC dysfunction Thursday, 23 Aug 2012 | Press Release Restoring public trust and confidence is an essential goal and will require very major change starting from the...
    The Daily Blog | 17-04
  • Government must front up on full costs of asset sales
    Source: Green Party – Press Release/Statement: Headline: Government must front up on full costs of asset sales Thursday, 23 Aug 2012 | Press Release It’s time for the Government to front up over just how much these asset sales are...
    The Daily Blog | 17-04
  • New report: middle NZ worse off, inequality grows
    Source: Green Party – Press Release/Statement: Headline: New report: middle NZ worse off, inequality grows Thursday, 23 Aug 2012 | Press Release Our society has never been as unequal as it is today. New research from the Ministry of Social...
    The Daily Blog | 17-04
  • Government to delay addressing climate change indefinitely
    Source: Green Party – Press Release/Statement: Headline: Government to delay addressing climate change indefinitely Thursday, 23 Aug 2012 | Press Release “It would be a shock for any other Government to introduce such a self-defeatist piece of legislation but unfortunately...
    The Daily Blog | 17-04
  • Time to deliver on 26 weeks Paid Parental Leave
    Source: Labour Party – Press Release/Statement: Headline: Time to deliver on 26 weeks Paid Parental Leave Today marks two years since Labour MP Sue Moroney’s Bill extending paid parental leave to 26 weeks was drawn from the members’ ballot. “It’s...
    The Daily Blog | 17-04
  • Taxpayers robbed of $130m in Genesis sale
    Source: Labour Party – Press Release/Statement: Headline: Taxpayers robbed of $130m in Genesis sale Kiwi taxpayers have been robbed of $130 million by the Government in its final failed asset sale, says Labour’s SOEs spokesperson Clayton Cosgrove. “National set the...
    The Daily Blog | 17-04
  • Service for victims of sexual violence pushed out in cold
    Source: Green Party – Press Release/Statement: Headline: Service for victims of sexual violence pushed out in cold Thursday, 17 Apr 2014 | Press Release Christchurch cannot afford to lose this agency The Green Party is calling on Housing New Zealand...
    The Daily Blog | 17-04
  • Resignation rates among cops soar
    Source: Labour Party – Press Release/Statement: Headline: Resignation rates among cops soar The number of frontline officers quitting the police force is at a four-year high, with more than 350 walking off the job in the past year, Labour’s Police...
    The Daily Blog | 17-04
  • Work visa problems need monitoring
    Source: Labour Party – Press Release/Statement: Headline: Work visa problems need monitoring The Government is handing out temporary work visas to migrants to work in jobs that could easily be filled by unemployed Kiwi workers in the Christchurch rebuild, says...
    The Daily Blog | 17-04
  • Legal high ban worthy of wider pick-up
    Source: Labour Party – Press Release/Statement: Headline: Legal high ban worthy of wider pick-up Auckland Council’s ban on using legal highs in a public place is an excellent idea that should be replicated around New Zealand, says Labour’s Associate Health...
    The Daily Blog | 17-04
  • Smith sells state P-houses to first home buyers
    Source: Labour Party – Press Release/Statement: Headline: Smith sells state P-houses to first home buyers Nick Smith must reassure worried first home buyers that any Housing NZ houses sold under his First Home policy will be tested for P contamination...
    The Daily Blog | 17-04
  • Brazil: Human rights under threat ahead of the World Cup
    Source: Amnesty International NZ – Press Release/Statement: Headline: Brazil: Human rights under threat ahead of the World Cup     Protests in Brazil:Brazil Franciscan friar kneels in front of Brazilian riot police officers asking for calm during confrontation with Landless...
    The Daily Blog | 16-04
  • Brazil: Human rights under threat ahead of the World Cup
    Source: Amnesty International NZ – Press Release/Statement: Headline: Brazil: Human rights under threat ahead of the World Cup     Protests in Brazil:Brazil Franciscan friar kneels in front of Brazilian riot police officers asking for calm during confrontation with Landless...
    The Daily Blog | 16-04
  • Libya: Trial of former al-Gaddafi officials by video link a farce
    Source: Amnesty International NZ – Press Release/Statement: Headline: Libya: Trial of former al-Gaddafi officials by video link a farce     Saif al-Islam al-Gaddafi will face the courts on 14 April. © IMED LAMLOUM/AFP/Getty Images         Read...
    The Daily Blog | 16-04
  • Libya: Trial of former al-Gaddafi officials by video link a farce
    Source: Amnesty International NZ – Press Release/Statement: Headline: Libya: Trial of former al-Gaddafi officials by video link a farce     Saif al-Islam al-Gaddafi will face the courts on 14 April. © IMED LAMLOUM/AFP/Getty Images         Read...
    The Daily Blog | 16-04
  • Algeria: Pre-election clampdown exposes ‘gaping holes’ in human rights ...
    Source: Amnesty International NZ – Press Release/Statement: Headline: Algeria: Pre-election clampdown exposes ‘gaping holes’ in human rights record     Freedom of expression, association and assembly are under threat ahead of elections in Algeria. © FAROUK BATICHE/AFP/Getty Images    ...
    The Daily Blog | 16-04
  • Algeria: Pre-election clampdown exposes ‘gaping holes’ in human rights ...
    Source: Amnesty International NZ – Press Release/Statement: Headline: Algeria: Pre-election clampdown exposes ‘gaping holes’ in human rights record     Freedom of expression, association and assembly are under threat ahead of elections in Algeria. © FAROUK BATICHE/AFP/Getty Images    ...
    The Daily Blog | 16-04
  • Viet Nam: Prisoners of conscience released but dozens remain jailed
    Source: Amnesty International NZ – Press Release/Statement: Headline: Viet Nam: Prisoners of conscience released but dozens remain jailed     Vietnamese activist Nguyen Tien Trung was one of the prisoners of conscience released this week. © Private      ...
    The Daily Blog | 16-04
  • Viet Nam: Prisoners of conscience released but dozens remain jailed
    Source: Amnesty International NZ – Press Release/Statement: Headline: Viet Nam: Prisoners of conscience released but dozens remain jailed     Vietnamese activist Nguyen Tien Trung was one of the prisoners of conscience released this week. © Private      ...
    The Daily Blog | 16-04
  • PM’s China visit assisted Oravida, not Fonterra
    Source: Labour Party – Press Release/Statement: Headline: PM’s China visit assisted Oravida, not Fonterra Questions must now be asked whether it was Fonterra or Oravida who really benefited from the Prime Minister’s recent visit to China, Labour’s Primary Industries spokesperson...
    The Daily Blog | 16-04
  • New Zealand’s use of ozone depleting gases increases
    Source: Green Party – Press Release/Statement: Headline: New Zealand’s use of ozone depleting gases increases A new Government report highlights that the amount of ozone depleting gases New Zealand is using is increasing, the Green Party said today. The report...
    The Daily Blog | 16-04
  • The issues behind the possible MANA-Internet Party Alliance
      Last weekend Kim Dotcom spoke at MANAs AGM to discuss the possibility of the Internet Party and MANA Party working together to defeat John Key this election. As someone who knows both Hone and Kim, I have a unique...
    The Daily Blog | 16-04
  • Manufacturing Upgrade
    Source: Labour Party – Press Release/Statement: Headline: Manufacturing Upgrade   Labour is determined to support and grow our manufacturing sector. These policies grew out of the findings of the 2013 Parliamentary Inquiry into Manufacturing.   – The claims and opinions...
    The Daily Blog | 16-04
  • Get work on 29th and the ANZAC spirit deserts the TPPA
      Groser and co would have been spitting tacks last week as the ANZAC spirit deserted the TPPA negotiations. Australia has done a deal directly with Japan which undercuts the demand for Japan to opening all agriculture in the TPPA....
    The Daily Blog | 16-04
  • No fracking solution to climate change
    Some British tabloids and oil lobbyists have jumped on comments made by an Intergovernmental Panel on Climate Change author that fracking could play a role in addressing climate change as an argument for it here in Aotearoa, so is fracking...
    The Daily Blog | 16-04
  • At Last: A Manufacturing Policy
    Source: First Union – Press Release/Statement: Headline: At Last: A Manufacturing Policy Date of Release:  Thursday, April 17, 2014 Body:  FIRST Union congratulates Labour on the release of its Manufacturing policy today. The union represents workers in the wood, food and...
    The Daily Blog | 16-04
  • Drone murder of New Zealander “justified” by Prime Minister
    Yesterday Prime Minister John Key justified the extrajudicial killing of a New Zealander in a US drone strike in Yemen with a few cynical, callous words at a stand-up press conference. Key said he’d been briefed by our spy agencies...
    The Daily Blog | 16-04
  • Secret Policeman’s Ball
      Amnesty International’s Secret Policeman’s Ball is back in New Zealand for one night of some of the best stand-up comedy from both national and international comics The freedom to provoke and in some cases offend is essential to the...
    The Daily Blog | 16-04
  • So the US has assassinated a NZ citizen – what did Key know?
    A non judicial assassination by the US on a NZ citizen raises questions. Key made the idea that NZers were training with terrorists part of his farcical defence for the GCSB mass surveillance legislation. I say farcical because even if...
    The Daily Blog | 16-04
  • Something Better Than Something Worse: Why John Key could become our longes...
    IN HIS MEMORABLE holiday-home encounter with the host of Campbell Live, the Prime Minister, John Key, did not rule out running for a fourth term. Were he to be successful, the long-standing record of Sir Keith Holyoake (11 years and 2...
    The Daily Blog | 16-04
  • GUEST BLOG: RIO TINTO WINS 2013 ROGER AWARD
      Sky City Casino Second, Chorus Third  The seven finalists for the 2013 Roger Award for the Worst Transnational Corporation Operating in Aotearoa/New Zealand were: ANZ, Chorus, IAG Insurance Group, Imperial Tobacco, Rio Tinto, Sky City Casino and Talent 2. The criteria for judging are...
    The Daily Blog | 16-04
  • National drowning in an ocean of poisoned milk
    It is becoming difficult to keep up with which National Party MP is bleeding the most at the moment. Simon Bridges is being crucified by Whaleoil almost as much as Greenpeace are attacking him, suggesting Cam is seizing the moment...
    The Daily Blog | 16-04
  • Want to get rid of synthetic cannabis? Legalize real cannabis
    Have we managed to appreciate the madness that synthetic cannabis is legal yet more harmful than organic cannabis which is illegal? I find the current moral panic over synthetic cannabis difficult to become concerned with when alcohol is FAR more...
    The Daily Blog | 16-04
  • Save our homes – stop the evictions!
    “We will keep on fighting because it frightens me to think my grandchildren could become homeless,” Tere Campbell told me. Tere is a member of Tamaki Housing Group. In September 2011, tenants in 156 state homes in Glen Innes received...
    The Daily Blog | 15-04
  • The daily humiliation of women and the constant policing and shaming of our...
    The last few months have been particularly bad for the shaming and policing of women’s bodies in the media, both in New Zealand and globally. First we had NZ Newstalk ZB presenter Rachel Smalley referring to women weighing over 70kgs...
    The Daily Blog | 15-04
  • Family Court Consumers Group appalled at legal rort
    Family Court Consumers Group appalled at Lawyer for Child's "1 meeting in 10 years" taxpayer funded legal rort...
    Scoop politics | 19-04
  • Manufacturing Matters to New Zealand – 17 April
    The Labour Party announcement today recognises the simple truth that the manufacturing sector really matters to New Zealand’s economy as a whole, based on the part manufacturing plays in the growth of the added value element in the tradable sector,...
    Scoop politics | 19-04
  • Young Kiwi to Represent New Zealand at Premier Youth Forum
    Young Kiwi to Represent New Zealand at Premier Youth Forum FOR IMMEDIATE RELEASE Commonwealth Youth New Zealand Executive Director, Aaron Hape, has been selected to represent New Zealand at 33Fifty, the Commonwealth Youth Leadership Programme,...
    Scoop politics | 19-04
  • Lisa Owen interviews Green Party co-leader Metiria Turei
    Greens propose new ministerial disclosure regime based on British rules, requiring quarterly declarations of ministers' meetings, travel and hospitality....
    Scoop politics | 19-04
  • Politicians Should Maintain Workers’ Easter Break
    Family First NZ is rejecting calls for any liberalisation of Easter trading laws and says that workers deserve a break to spend time with their families. “This is not an issue about choice as has been argued. For many workers,...
    Scoop politics | 19-04
  • Lisa Owen interviews experts on Antacrtica
    Lisa Owen interviews Chuck Kennicutt and Gary Wilson on Antarctica Headlines: Top Antarctic scientists warns New Zealand "not ready" for worst as ice shelves and sea ice in Antarctica retreat and the climate changes Gary Wilson: "Can...
    Scoop politics | 19-04
  • Beyond the State – NZ State Houses from Modest to Modern
    As part of the our 'Active Hand of Government' series for 2014, we present Bill McKay, Senior Lecturer, School of Architecture and Planning, speaking to his new publication....
    Scoop politics | 19-04
  • Global unions applaud NZ ‘slave ships’ progress
    Global unions the ITF (International Transport Workers' Federation) and IUF (International Union of Food, Agricultural and Hospitality Workers) today applauded the steps forward made in preventing often shocking abuse of crews on fishing vessels in New Zealand...
    Scoop politics | 17-04
  • Families before commerce at Easter
    Families before commerce at Easter The retail workers’ union has hit back at critics of New Zealand's modest Easter trading restrictions. "Some things are more important than going to the mall, and for just three and a half days each...
    Scoop politics | 17-04
  • Easter trading laws archaic, in need of overhaul
    Press release: ACT New Zealand Easter trading laws are outdated and in need of a major overhaul, said ACT leader Jamie Whyte today....
    Scoop politics | 17-04
  • ALCP welcomes Campbell Live poll result
    The Aotearoa Legalise Cannabis Party welcomes last night's Campbell Live poll, saying it is an overdue reality check for public opinion on personal cannabis use....
    Scoop politics | 17-04
  • Q+A This Week 20/4/14
    Q+A This Week SUNDAY 20 APRIL, 9AM ON TV ONE The latest on the US-NZ relationship from the US military’s top man in the Pacific, Admiral Samuel J. Locklear . Deputy Political Editor Michael Parkin asks him whether we’re allies,...
    Scoop politics | 17-04
  • Community detention for pokie theft
    A 67-year-old former company director, convicted of stealing pokie machine profits, was today sentenced to six months community detention, 160 hours of community work and ordered to make reparation of $6,000....
    Scoop politics | 17-04
  • Waitangi National Trust Board Amendment Bill
    The Māori Affairs Committee is inviting public submissions on this bill. The closing date for submissions is Wednesday, 14 May 2014....
    Scoop politics | 17-04
  • Collaboration stops drugs from crossing borders
    Collaboration between Hong Kong and New Zealand Customs has stopped millions of dollars worth of drugs coming into New Zealand this year, with a number of seizures and arrests in both countries....
    Scoop politics | 17-04
  • Call for public enquiry into the future of farming
    Fish & Game NZ is calling for a public enquiry “to examine the future of agriculture in New Zealand”....
    Scoop politics | 17-04
  • Comment on Labour Policy Announcement by NZMEA President
    “This policy release from the Labour Party is so important that if it becomes government policy it would define a shift in New Zealand’s culture,” says Brian Willoughby President of the NZMEA and Managing Director of Plinius Audio and Contex...
    Scoop politics | 17-04
  • Manufacturing policy makes sense but….
    On the surface much of Labour's prescription for manufacturing is sound though questions remain over some of the detail not yet announced, the Employers and Manufacturers Association says....
    Scoop politics | 17-04
  • Where Are The 15,000 Jobs?
    “Paula Bennett is today proudly telling New Zealand that beneficiary numbers have decreased by 15,000 in the past year. There is no proud declaration that 15,000 jobs have been created in the same period,” says Auckland Action Against Poverty spokesperson,...
    Scoop politics | 17-04
  • Change of approach to government procurement needed
    The rail engineering industry has been totally let down by National’s lack of manufacturing policy, and Labour’s measures outlined today represent a marked shift in approach to supporting domestic industries, the RMTU said today....
    Scoop politics | 17-04
  • Depreciation Policy Shouldn’t Be Just for Pet Industries
    The Taxpayers’ Union is welcoming Labour’s announcement to beef up rates of depreciation in the manufacturing sector, but is questioning why David Cunliffe is picking winners rather than applying the policy across all sectors. Jordan Williams,...
    Scoop politics | 17-04
  • FIFA U-20 World Cup NZ 2015 Kick Off Times Announced
    An array of kick-off times to suit football fans of all ages has been confirmed for the FIFA U-20 World Cup New Zealand 2015. With 52 matches spread across the nation, the public will be able to enjoy a collection...
    Scoop politics | 17-04
  • “Legitimate purpose” provides no protection under 167 form
    On Radio New Zealand today, the Privacy Commissioner indicated that ACC could only request information that was "relevant" for a "legitimate purpose". His view was therefore that the ACC167 form is not a "blank cheque" or...
    Scoop politics | 17-04
  • State: still keeping you safe on the road this Easter
    The long-awaited Easter/ Anzac break is nearly upon us while the weather may have taken a turn for the worse in several parts of the country, many Kiwis will still be packing up their cars to take a road trip....
    Scoop politics | 17-04
  • Govt plan for community input into residential red zone
    Christchurch Mayor Lianne Dalziel has welcomed Prime Minister John Key’s announcement today of a community participation process for the public to have a say on the future use of the residential red zone....
    Scoop politics | 17-04
  • Governor-General to visit Turkey
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  • Operation Unite – a Blitz on Drunken Violence
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  • Law Commission Paper on a New Crown Civil Proceedings Act
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  • Labour and National join forces in new Maori confiscations
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  • Oxfam’s Morning Tea 2014
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  • Rio Tinto Wins 2013 Roger Award
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  • ACC’s Strategy to stop compensation using ACC 167 Form
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