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How much is $50,000,000?

Written By: - Date published: 8:48 am, April 17th, 2010 - 93 comments
Categories: john key - Tags: ,

From time to time you hear mention of John Key’s personal fortune of $50M. If you say fiftymilliondollars quickly enough it doesn’t sound that much, especially in the context of politics where most budgets come in factors of millions anyway. But as a personal fortune, that amount of money needs some context to really appreciate just how much it is. As John’s a man of the people, in touch with the struggles and needs of everyday Kiwis, I got to wondering what sort of everyday costs that sort of cash would buy you.

Housing
With $50M John could buy 125 average kiwi homes at $400k a piece. That means John could buy enough houses that if he visited a different one of his homes every week, it’d take him nearly two and a half years before he would have seen all the houses he owned.

Cars
Being an everyday kind of bloke, let’s assume John has simple tastes in cars and would go for the trusty Toyota Corolla. With $50M John could buy himself 1190 Corollas at $42,000 each. That means if he used a different one of his cars every single day of his life starting from today, it would be July 2013 before he’d tried them all.

Groceries
If a typical Kiwi family of four watches its pennies, as we’re supposed to do, and spends $250 per week on groceries, John’s $50M means he could buy a week’s groceries for 200,000 families. Or he could buy all the groceries for an entire year for 3846 families.

Whiteware
I’m struggling to buy a new washing machine at the moment, if you look around you can get one for about $600. For $50M John could buy a little over 83 thousand washing machines. So even if John had some kind of germ phobia that compelled him to wash his shirt, pants, socks and undies all in separate machines, he could use a different washing machine for each of those garments every day for the next 57 years.

Savings
Savings really make sense when you’ve got $50M. The simple interest on that much money at a meagre 5% would be $2.5 million per annum. Of course John isn’t silly with his own money so he’d get more than 5% and the interest would be compounded so let’s round it up to a conservative $3 million per annum. That means John’s little nest egg would be earning him $8,219 in interest every day, or $342 for every hour of every day and night.

Average Income
Let’s say the average income is $50,000 per annum. Just the interest John makes on his personal fortune is equivalent to the entire year’s gross earnings of 60 average Kiwis. Of course the principle of $50M is equivalent to an entire year’s gross earnings of another thousand average Kiwis.

Charity
You know those ‘Dollar a Day’ ads that ask for people to donate $30 a month to help save the life of a child? Well at that rate and with $50M, John could provide the money to keep 2,739 of those kids alive for 50 years each.

I could go on, but yeah… sure is a lot of money for one ordinary everyday Kiwi to have all to themselves. Makes me wonder if John could even begin to comprehend what it feels like to worry about the power bill. Somehow I get the feeling that when your personal fortune is making you more than $8,000 a day just in interest, you might be pretty relaxed about a global recession and soaring unemployment.

93 comments on “How much is $50,000,000?”

  1. I think Key’s sunny, relaxed outlook has more to do with the absence of a credible opposition party than his ability to buy 83,000 washing machines.

    • Eric C. 1.1

      Agreed, but here’s what makes me wonder. Key was reported to have $50 million when he returned from overseas to run for National. That was in 2001. It is 9 years later and he still only has $50 million. Sure there was a crash and all that, but the $50 million was the story before and after the crash and a lot of those losses from a year or so ago have been recouped.

      So, where is his money? What is it in and is he really that bad with his money that he can’t make more over a 9 year period?

      Good on him if he did, but there is something very fishy about the story of his wealth.

      • So, where is his money? What is it in and is he really that bad with his money that he can’t make more over a 9 year period?

        1. Most of Key’s wealth is in his property holdings and his blind trust.
        2. When I worked in the finance industry a perpetual topic of conversation was the amount of money you’d need to retire on, if you could put it in very low risk investments and still make enough of a return post inflation to live in luxury for life. $20 million was the amount that most people agreed upon, Key has more than double that, but if I were in his position that’s what I’d have done with my cash. Also, for the past four years he’s been leader of the opposition and then PM, so presumably he’s been fairly busy with things other than growing his personal wealth.

        • Eric C. 1.1.1.1

          No if you add up the value of his properties, the ones we know of any way, you’d be lucky to reach $20 million. So, most of his money is not in property. Nice try though.

          • Danyl Mclauchlan 1.1.1.1.1

            Speaking of nice tries, try reading to the end of the sentence:

            “Most of Key’s wealth is in his property holdings and his blind trust.”

            • Eric C. 1.1.1.1.1.1

              Oh, I see. Sorry. But still $50 million in 2001 and $50 million in 2010?

              He must be spending a hell of a lot on those 6-8 weeks of annual leave to keep it at that level, because working for the nation doesn’t cost him anything.

              What’s your source for the amount in his blind trust?

              • ghostwhowalksnz

                It seems that only his NZ investments are in the blind trust. I would say he would many US stocks and would actively manage them, he has the contacts to advise him

    • ghostwhowalksnz 1.2

      Here we go again! From his ivory tower Danyl sees only sunshine from Keys government and clouds for the opposition.
      You should get out of the ‘beltway’ more often – no not to the vineyards of Martinborough or the beaches of Nelson

  2. john 2

    I know Christianity isn’t cool anymore, but the only people Jesus really got angry and physical with were the money changers in the Temple,he was onto something, like John Key made his money as a money trader, which I’m sure is manipulation without producing anything of value to society at all. These sorts of people are the biggest bludgers of all time. And they think they’re fantastic for doing it that way, believe me!

    • tsmithfield 2.1

      John, they are just providing a service for those that have a need. Anything wrong with that?

      • Stacktwo 2.1.1

        That is exactly the excuse given by loan-sharks, slum-lords and drug pushers.

        • M 2.1.1.1

          how about dairy owners? electricians? aren’t they just providing a service for those that have a need? are they like slum-owners and drug-pushers too, because they charge for the service people want and they provide?

          and who, exactly, should be providing loans to people who need them, completely free of charge (therefore not accepting a wage or salary for their occupation), and wearing the the risk (and corresponding financial burden) that they’ll never pay the loan back?

      • Draco T Bastard 2.1.2

        When it produces nothing of value? Yes.

  3. tsmithfield 3

    An article based entirely around naked envy and the tall poppy syndrome. Perhaps it would be better if we tried to emulate successful NZers rather than trying to knock them back down all the time.

    “Makes me wonder if John could even begin to comprehend what it feels like to worry about the power bill.”

    Well, given his well publicized background, he probably does have some idea.

    • MikeG 3.1

      It’s not often I agree with tsmithfield, but I do this time. I think that the post says more about the author than the subject.

    • Michael Foxglove 3.2

      tsmith – If you really think the market creates a good indication of “success” then there’s probably no point trying to argue with you.

      A genuine question for you: At any given time, how many of the four million people in New Zealand could make $50m by speculating on the money of others? I think, maybe ten. The rest of us need to be concerned with real production, offering services, and community work in order for those ten people to speculate on our money.

      You see, real wealth requires production and services. Those who produce nothing are worth nothing to our economy. Key has done nothing create real wealth, and is surely even in the eyes of classical economist, a failure.

      • TightyRighty 3.2.1

        You see Michele, Real wealth needs the infrastructure to create it. When the banks lend money to start up business, they are really speculating with other peoples money. When the government gives out money to whatever, it is speculating with other peoples money. your mortgage? that’s the bank speculating with other peoples money. Now while many mortgage managers won’t make $50,000,000 with their DCA, the theory is the same. So to create real wealth, someone has to speculate, somewhere, sometime. Probably using other peoples money. I know the left are economically illiterate, but really, to let it manifest itself into envy? that is just sad and ignorant.

        • Draco T Bastard 3.2.1.1

          Actually, it’s that the right are economically delusional. The bank, just like Jonkey, isn’t making any wealth either.

          • TightyRighty 3.2.1.1.1

            I’m sure all those hard working people who have scrimped and saved and then entered into a partnership to buy a house with a bank mortgage would think they are creating wealth. but DTB, you ideology is always right, depsite the fact that most die hard lefties have little wealth. hmmmm what a conundrum.

    • Eric C. 3.3

      That’s if you buy those stories about his background.

      I don’t, but even if you do, his family was not your usual family on a benefit. His parents were well educated and came from wealthy backgrounds. When the family fell on hard times, the taxpayer was there with housing and generous benefits, much more generous than today. His mum got back on her feet and worked hard and his older sisters would have worked too. I’m sure his mother had a very rough life, but little John Key would not have suffered for much.

      It’s wonderful that he was so lucky, but let’s get over this Oliver Twist version of Key’s childhood.

      • This is true , he was not what one would call on his bare bum. Although he was from a refuge family there were members of his family who were wealthy and no doubt helped. The fact is that he was an only son in a Jewish family . Jewish tradition favours the son especially the only son. everything would have been done for him ,In fact the family would have revolved around him. What I would like to know is just how long he lived in a State house. Mazel Tov!

    • tsmithfield, that would be the talkback cliche response.
      i’m not talking about tall poppies, i’m talking about excessive private wealth of absurd proportions, and what that does for a person’s ability to empathize with and truly represent the interests of ordinary kiwis.

  4. ianmac 4

    tsmithfield: What a funny position to take in saying being rich equates to being successful. There are a few very rich people who see being rich is an opportunity to contribute to those in need. Gareth Morgan springs to mind. There are others who buy very expensive houses, buy positions, and exude materialism.
    There are other people who are very successful as human beings and are very poor.
    Then the question of how wealth has been obtained. Personally I despise the wealth of people like Key, Fay, Ritchwhite, or that sad chap who buys women and uses his money to try and destroy Winston Peters.
    Tall poppies? More like noxious weeds!

  5. Perhaps it would be better if we tried to emulate successful NZers rather than trying to knock them back down all the time.

    Im in need of a few successful NZers to emulate. Maybe you could list some i could try to be more like ?…cheers

  6. Michael Foxglove 6

    Nice post Sprout. Makes it very clear exactly how disconnected someone like Key must be from everyday jokers. No wonder he’s so “relaxed” about all the problems Kiwis are facing.

  7. Stacktwo 7

    I have to disagree with tsmithfield. The issue of the widening gap between rich and poor is one of the major issues of our time. And a larger issue in NZ than in most places – What are we? 23rd in 30 OECD countries in terms of inequality?

    Key’s $50,000,000 came from somewhere, for what? It is not naked envy that makes us look askance at the completely unjustified rewards that people like Key amass for pulling financial strings. It is the obscenity of someone having sucked so much out of ordinary working families coming back to New Zealand to bash beneficiaries.

    This is not a tall poppy. This is a tall poisonous weed.

  8. deemac 8

    @tsmithfield: I’d love to know what “service” currency speculators provide!
    Except possibly to the obscenely rich to become even richer.

    • Marty G 8.1

      liquidity and efficient allocation of capital they would say. But then you just have to point out that they and their speculating mates are the cause of nearly every national and international economic disaster in the last few hundred years.

  9. ianmac 9

    Just read in John O’Farrell’s book that 8 year-old James Harold Wilson had been photographed by his dad standing on the steps of Number 10 Downing Street.
    On his becoming PM reporters asked of the photo of the 8-yearold Wilson, was that when he had decided to become PM?
    “Well no,” said the PM.
    So the Press printed that it was then, because it made a good story. Wilson was happy to let it run. Connections anyone?

  10. Shona 10

    Oi ! PollyWog here’s a short list of great kiwis /innovators , many of them world beaters, for you to emulate and start developing some real knowledge of this country’s people before youu slag us off again.
    Sam Neil, Edmund Hillary, Apriana Ngata, Princess Te Puea, Ray Avery, Chris Laidlaw,Jim Salinger, Mat Rata, Kiri Te Kanawa,Sir Archibald McIndoe. Sir Ernest Rutherford, William Pickering, Alan MacDiamard, John Clarke, Janet Frame, Beatrice Tinsley, Brian Barrat-Boyes,Whina Cooper, Ian AthField,Charles Upham,Tamati Waka Nene, Keith Park, Jane Campion, Sonja Davies.

    • pollywog 10.1

      Slow ya roll there Shona…besides the fact i wasn’t talking to you, no ones slaggin’ you off ya silly moo.

      I know of the achievements of most of them and its not a bad list. I was more intereseted in hearing who TS thought i should strive to emulate…but thanx anyway

    • ianmac 10.2

      Well done Shona! Great list. And certainly all those are to be admired for their successes. Makes us proud.
      But you have accidently put a nail in John Key’s coffin. He would not fit into that list as one to be admired because he was a maker of money out of money, rather than an artist, writer, scientist, musician, mountaineer etc.

      • prism 10.2.1

        TS “An article based entirely around naked envy and the tall poppy syndrome. Perhaps it would be better if we tried to emulate successful NZers rather than trying to knock them back down all the time.”

        I think that TS was talking about being successful as in making a lot of money and having lots of property. The sort of success that is recognisable to National Party eyes.

        Doesn’t really matter what you do, when sprayed with gold all look alike. Just don’t spoil it by not understanding how to maneouvre round the law when you are moving the money in your direction or the golden shower could get chipped (though unlikely to be lost completely).

  11. It’s interesting to compare Key with another state house boy of a similar age – Stephen Tindall. Through the Warehouse chain, Tindall has created thousands of NZ jobs, directly & indirectly & has established the Tindall Trust to advance environmental & socially desirable programmes.
    The National Party has put out the lie that Key donates his PM’s salary to charity, but when asked who the charities were, all Key could say was that he once gave $30k to the National Party. The National Party may be a basket case, but it’s not (yet) a charity.
    Nothing wrong with being ambitioius, but to accumulate $50M in a personal fortune smacks of pathalogical greed.

  12. prism 12

    Key and his like carefully accumulating pots of money probably fits into a theory of natural forces at work. Everything uses something else – if we could be more like bees getting pollen and honey from tall poppies we would have a type of virtuous circle.

    But the model is more of predatory insects like fleas and leeches sucking off the body of society. Leeches have been found to have uses that can provide a positive service to people, under proper controls. So the conclusion could be that to get useful outcomes for us all we need to tightly control these financial entrepreneurs as they follow their natural bent. Recent financial market meltdown an example of not doing that.

    Hear Goldman Sachs now on the carpet – but I guess their carpet is shag pile! Past interesting item on Bear Stearns refusal to co-operate with Poulson’s mortgage and hedge fund bidding “we didn’t think we could sell deals that someone was shorting on the other side”. (deepcapture.com 20/1/10)

  13. Marty G 13

    The average full time wage is about $48K. But what you really want to look at is the median income of all adults – $28K.

    Key’s interest at your rough estimate is over 100 times that and the wealth he owns is worth another 1500 median incomes

    by the way, the median income has decreased under Key

  14. sean14 14

    “Makes me wonder if John could even begin to comprehend what it feels like to worry about the power bill.”

    If that’s your criteria for being Prime Minister, you just have been disappointed in Helen Clark, too.

  15. Nick C 15

    Wow this post is kind of creepy. Envy much?

    • Marty G 15.1

      It’s not envious to be angry that one person has so much when most people have so little. It’s disgust at the economic system that created it and its disgust at those who have exploited it and its disgust at Key for failing to do anything for the underclass he used to talk about.

      ‘envy’ is one of the right’s lines like ‘pc’ that they use for want of an argument.

      • sean14 15.1.1

        Will you post on the alternative economic system you would prefer?

        • Marty G 15.1.1.1

          sean14. we’ve posted endlessly about taming capitalism and non-capitalist solutions. Personally, I like anarcho-syndicalism as the basis for the means of production ultimately but starting with more co-ops. I like the Georgist model of land ownership. I think there’s real opportunities even now for deepening democracy and making it more genuinely multi-tier.

          Where I differ from someone like Bill, whose a very good commentator who keeps us honest, is that I see those as desirable but a long way off and a lot of intermediate steps need to be taken along the way.

          • Bill 15.1.1.1.1

            Oi!

            Hope you’re not implying that I subscribe to a ‘spontaneous raising of the conciousness of the masses’ messianic type of politics there Marty.

            Just in case, here’s my rant….

            Incrementalism is the only non-godly way forward ( if I can put it that way), but each incremental step should be fully inclusive…and no reason why that can’t happen right now… as well as be informed by the long term goal(s).

            Fact is, I don’t see any arriving or any destination as such. All I want to see is common movement…vital movement, not a trudge or a regimented march…towards an ever changing horizon.

            My beef is that currently, most of us are deliberately ( and meekly!) sidelined in this stepping forward process; this so-called incremental change… which often means that as a stepping forward is taken, a stepping on is also undertaken….just to keep us in our proper place; that incrementalism is less of a movement forward than a sly shuffle to the side in a bid to preserve the status quo.

            Democracy is either demanded or its not ( presently not). Visions and goals will hopefully always change (notice how under capitalism the goals and aspirations are static variations on an unrealisable theme that just happen to deliver power and control back to those who control the processes while nothing of note changes?). The nature of the process determines the shape of ongoing results. A non-democratic process will yield a non-democratic result. Or put another way, a process that largely excludes us will yield a result that largely excludes us.

            And what is the point in that for any of us?

            Demand democracy now…right now, in all spheres of our lives…and we get both processes and results that are increasingly inclusive and dynamic…real incrementalism!

            Or don’t demand democracy right now and watch our future quietly sicken and fall beneath the twin wheels of climate change and peak oil….not to mention increasingly dictatorial systems of governance as those with privilege seek to hang on to it regardless.

            rant ends

          • sean14 15.1.1.1.2

            Cheers Marty, although I rarely agree with what is written on The Standard I was genuinely asking for info, so thanks.

        • Bill 15.1.1.2

          Here you go sean14. Enjoy the read. Would be really interested in hearing your take on it when you’re done.

          http://www.zcommunications.org/zparecon/pareconlac.htm

  16. Bill 16

    The 50 Million Dollar Man is an emotional cripple…or have you all forgotten? And the 50 million still doesn’t suffice as compensation it seems…now he needs to be PM, now he needs more $$$, now he needs ???

    So he’s welcome to his millions.

    What is unconscionable is the material deficits that are the life long lot of however many people because of the mal-distribution of market driven capitalism. By focusing on individuals and their personal wealth rather than the systems they benefit from, they can acquire a mystique and a power in some peoples’ eyes ( Wow! How’d he get so rich! He must be awesome man! Fuck, wish I could do what he’s done!) while bullshit jealousies can get aroused in others. All pretty pointless at best. Counter productive at worst.

    The fact that John Key isn’t an every day ordinary Kiwi is only superficially to do with his money. The money comes as a result of his much more important drive to deal with and compensate for his deficit on the humanity front. Our economic and political systems aid and abet him and others like him to do this in a generally destructive fashion. He and they don’t just get rich in a vacuum. Not that you’d know when the focus is personal.

    If the focus is to be personal, then ffs focus on aspects of the individual that will not and can not generate respect or lead to people seeking to emulate or achieve what you highlight.

    John is sociopathic.

    Read the hagiography from the pre-election Herald if you have doubts and get this man removed from levers of power by all means. But banging on about his wealth when every bugger and their dog wants to get rich just won’t achieve anything on that front.

  17. prism 17

    Nick C and sean 14
    Important things are being discussed on this blog and I guess that might seem a bit creepy to you. Trying to understand anything involves lots of creepy thinking.

  18. Bored 18

    My creepy thinking is that we take the $50 million of behalf of John and deliver a cycleway which we will in gratitude name after him.

  19. Shona 19

    Thanks for that Bill. I Googled sociopath and got this.
    Feel free to tick the traits.
    Profile of the Sociopath.
    • Glibness and Superficial Charm
    • Manipulative and Conning
    They never recognize the rights of others and see their self-serving behaviors as permissible. They appear to be charming, yet are covertly hostile and domineering, seeing their victim as merely an instrument to be used. They may dominate and humiliate their victims.
    • Grandiose Sense of Self
    Feels entitled to certain things as “their right.”
    • Pathological Lying
    Has no problem lying coolly and easily and it is almost impossible for them to be truthful on a consistent basis. Can create, and get caught up in, a complex belief about their own powers and abilities. Extremely convincing and even able to pass lie detector tests.
    • Lack of Remorse, Shame or Guilt
    A deep seated rage, which is split off and repressed, is at their core. Does not see others around them as people, but only as targets and opportunities. Instead of friends, they have victims and accomplices who end up as victims. The end always justifies the means and they let nothing stand in their way.
    • Shallow Emotions
    When they show what seems to be warmth, joy, love and compassion it is more feigned than experienced and serves an ulterior motive. Outraged by insignificant matters, yet remaining unmoved and cold by what would upset a normal person. Since they are not genuine, neither are their promises.
    • Incapacity for Love
    • Need for Stimulation
    Living on the edge. Verbal outbursts and physical punishments are normal. Promiscuity and gambling are common.
    • Callousness/Lack of Empathy
    Unable to empathize with the pain of their victims, having only contempt for others’ feelings of distress and readily taking advantage of them.
    • Poor Behavioral Controls/Impulsive Nature
    Rage and abuse, alternating with small expressions of love and approval produce an addictive cycle for abuser and abused, as well as creating hopelessness in the victim. Believe they are all-powerful, all-knowing, entitled to every wish, no sense of personal boundaries, no concern for their impact on others.
    • Early Behavior Problems/Juvenile Delinquency
    Usually has a history of behavioral and academic difficulties, yet “gets by” by conning others. Problems in making and keeping friends; aberrant behaviors such as cruelty to people or animals, stealing, etc.
    • Irresponsibility/Unreliability
    Not concerned about wrecking others’ lives and dreams. Oblivious or indifferent to the devastation they cause. Does not accept blame themselves, but blames others, even for acts they obviously committed.
    • Promiscuous Sexual Behavior/Infidelity
    Promiscuity, child sexual abuse, rape and sexual acting out of all sorts.
    • Lack of Realistic Life Plan/Parasitic Lifestyle
    Tends to move around a lot or makes all encompassing promises for the future, poor work ethic but exploits others effectively.
    • Criminal or Entrepreneurial Versatility
    Changes their image as needed to avoid prosecution. Changes life story readily.
    ________________________________________
    Other Related Qualities:
    1. Contemptuous of those who seek to understand them
    2. Does not perceive that anything is wrong with them
    3. Authoritarian
    4. Secretive
    5. Paranoid
    6. Only rarely in difficulty with the law, but seeks out situations where their tyrannical behavior will be tolerated, condoned, or admired
    7. Conventional appearance
    8. Goal of enslavement of their victim(s)
    9. Exercises despotic control over every aspect of the victim’s life
    10. Has an emotional need to justify their crimes and therefore needs their victim’s affirmation (respect, gratitude and love)
    11. Ultimate goal is the creation of a willing victim
    12. Incapable of real human attachment to another
    13. Unable to feel remorse or guilt
    14. Extreme narcissism and grandiose
    15. May state readily that their goal is to rule the world

    • hmmmmmmmm 19.1

      If you’re trying to suggest that Key, or indeed anyone in parliament, is a sociopath or displays true sociopathic tendencies you’ve moved this post and commentary from being a bit of foolish ranting to trueky demented idiocy.

      [lprent: g - you've been getting comments back on the site again because some of them have been interesting and you've been using different pseudonyms. Then you screw up by making comments that are obviously meant to be mistaken as someone else. You're starting to piss me off. I guess I'll just have to move you to spam - like I did with your last two comments.... ]

      • Bill 19.1.1

        I truly suggest you read the hagliography the Herald printed before the election.

        There was not one example of him helping anyone. Not one example of him engaging with society in any meaningful remotely selfless way. Not one example of anyone he looked to as a role model, example or mentor.

        It was all ‘wee boy John’, self contained and self sufficient, propelling himself ever upward in the impersonal cut throat world of international finance and speculation before parachuting down to be ruler of NZ.

        There was not one hint of humanity in the thousands of words printed. Nothing. I commented as much at the time.

    • Bill 19.2

      Ran out of ticks. Don’t know whether to piss myself laughing or shit my pants in fear.

    • Draco T Bastard 19.3

      You posted that without reading it didn’t you? I mean, if you had read it you would have been able to supply the ticks yourself. Just an example:

      Pathological Lying
      Has no problem lying coolly and easily and it is almost impossible for them to be truthful on a consistent basis. Can create, and get caught up in, a complex belief about their own powers and abilities. Extremely convincing and even able to pass lie detector tests.

      When he said he wanted wages to drop he was telling the truth. When he said he was talking about Australia and/or joking he was lying. Then there was the 100,000 shares in rail. He only came clean on that one when he realised that the reporter already knew he had 100,000. Before that he kept up the lie that he only had 50,000.

      • Bill 19.3.1

        No. I read it. And like I said, I ran out of ticks.

        I only had a 20kg sack of them and when they were gone, that was it.

        • Draco T Bastard 19.3.1.1

          I wasn’t replying to you but to Shona.

          • Bill 19.3.1.1.1

            a-hem. That would have been my number 14 getting in the way there I guess.

          • Shona 19.3.1.1.2

            DracoT B, I did read it and was gobsmacked at how many of the traits listed described our PM. Until today I had no idea of how to define /describe a sociopath. That’s why I read the Standard,it’s so frequently illuminating. Cheers!

    • ianmac 19.4

      Though John did show deep genuine emotion on Election Night as he marched into the hall flanked by bodyguards, (No 5?) and laughed hysterically at the cleverness of his win. Unless that is part of No 14?

    • aj 19.5

      Shona 1:16pm

      You are describing Tiger Woods

  20. Nemesis 20

    So funny to see you guys get bothered and obsessed about Key’s wealth.

    John Key didn’t make his money off the taxpayer. Same can’t be said about Helen Clark (worth at least $5 million) and Phil Goff (worth a couple of mill).

    When it comes to understanding the needs of ordinary New Zealanders I would rather have somebody who has earned their money through hard work, has a family and raises kids, and is able to engage with ordinary people than somebody who has been a career politician getting fat off the state all their lives.

    I see John Key at the supermarket shopping a lot. Doubt Goff ever does that except for photo ops.

    • Draco T Bastard 20.1

      John Key didn’t make his money off the taxpayer.

      It seems that Jonkey had his hand in the 1987 crash that badly affected NZ as well as the latest GFC (he was in charge of derivatives at Merryl Lynch in the correct time period). On top of that he hasn’t produced anything of value at all, ever – he’s only ever destroyed.

      I would rather someone who understands how to create wealth rather than someone who got very well rewarded for making someone else richer at everyone else’s expense.

  21. Gooner 21

    Helen Clark is a multi millionaire.

    I don’t see your green envious concern about that.

    • Draco T Bastard 21.1

      I hold all millionaires in the same contempt because they’ve all used the same exploitation to get there. HC does have a redeeming factor though – when in government she actually tried to help the society to be better while Jonkey and the rest of NACT are doing their damnedest to make things worse.

  22. tsmithfield 22

    Just a couple of points to respond to a number of similar criticisms of my earlier post.

    Firstly, currency traders actually do a valuable service. Some people like to hedge their positions (exporters for instance who want the certainty of a fixed exchange rate). Hedgers want certainty, not necesarilly the optimal return. On the other side of those trades are the speculators, who like to try and make money by predicting the direction currencies are likely to go. So, without the speculators it would be difficult for exporters to hedge. In fact, it is possible for those on both sides of the trade to be happy. So, it is incorrect to assume that speculators are lower than leeches.

    Secondly, being successful in your chosen career is certainly a fair measure of success. If that makes you incredibly rich in the process, then so be it. Of course, taking opportunities to do good with what you have is even better. But, you are making big assumptions assuming that JK isn’t doing that also. For instance, it has been well known that he donates a good part of his salary as PM.

    • the sprout 22.1

      the depth of your false consciousness is touching

    • Pascal's bookie 22.2

      “For instance, it has been well known that he donates a good part of his salary as PM.”

      Good on him if he does. But it’s far from well known. In fact every time that comes up someone asks for a cite to anything even suggesting that it’s true. The best anyone has come up with a is a promise, at about the same time he was promising north of fifty bucks a week to the average wage earner.

      Seeing your claiming ‘knowledge’, (though strangely in the past tense; what the fuck is that all about?), be a good chap and provide the clincher.

    • Pascal's bookie 22.3

      On the great and glorious bankers who are not leachers oh no, not them. I see the great survivors Goldman Sachs are getting sued, presumably out of nothing more than envy and spite. I see also that the architecture is having to be redone around just what these great and good are allowed to do, again presumably out of nothing but mean hearted jealousy.

      • tsmithfield 22.3.1

        Here is an excellent article on the Goldman situ.

        http://seekingalpha.com/article/199196-goldman-the-sec-and-the-new-face-of-wall-street

        As I understand it, the issue is lack of disclosure, rather than the use of specific instruments. Of course, disclosure is an important consideration in many contracts.

        • Pascal's bookie 22.3.1.1

          No shit there were some disclosure issues.

          Holy jeebus on his angry stick mate. ‘Not so much the instruments as a lack of disclosure’. That’s like saying Jonny McStabby’s problem with the law is not so much the sticking the knife in someone’s throat, but the failure to gain consent. Or that I didn’t kill ‘im, it was the blood loss m’lud.

          They were selling shit they knew stone cold was rotten. The guy that was providing them the shit to sell, was betting against it being any good. They knew this. They then sold it as good.

          What’s excellent about that picerno piece?

          If you ain’t reading Felix Salmon on this, you should be.

          http://blogs.reuters.com/felix-salmon/2010/04/16/goldmans-reputation-in-tatters/

          While you’re there, check out the pitchbook Goldman was selling the toxic with. No mention there of anything much that investors might need to know.

          And watch him dissect GS latest spin:

          http://blogs.reuters.com/felix-salmon/2010/04/16/parsing-the-new-goldman-statement/

          If the word “Paulson’ isn’t included in the section about “extensive disclosure’, then I don’t think the disclosure can be considered to be extensive. The point here is that neither IKB (which really wasn’t that sophisticated) nor ACA was told by Goldman that this synthetic transaction — which, yes, necessarily includes a short side — was actually architected by that short side. Paulson stacked the deck by giving ACA a pool of toxic assets to choose from, without revealing that they were short. Goldman knew what Paulson was doing, and was complicit in the silence. That’s not “extensive disclosure’, chaps.

          seriously though, Salmon is the shizzle on this stuff. Bookmark him, he’ll make you smarter.

    • ghostwhowalksnz 22.4

      Ive heard this many times that he ‘donates’ a good portion of his income as PM.

      Yet we have no actual figures on where it goes, except of course his annual donation of $30,000 to the coffers of the National party. ( which is publically released every year) Of course Hhelen donated to the labour party every year too, but I bet she didnt big note that and her other donations

  23. Lucy 23

    I read somewhere that Key’s mother was a labour supporter so she knew what hard times were. Apparently they used to argue politics. So whatever his mother’s struggle didn’t rub off on him.

    I would advise everyone to go look at a film on PBS called “The Warning”. You can watch it online at the link below.

    http://www.pbs.org/wgbh/pages/frontline/warning/

    It is about derivatives one of Mr keys main areas of expertise. They go right back to the Bankers Trust fraud of 1993 when Key was head of the NZ branch. Bankers trust were sucessfully sued by Proctor and Gamble for fraud in selling them derivatives. Yes back in 1993 derivatives were toxic and this is our great financial mistros claim to fame, his expertise in an area that has bought the worlds economy to its knees.

    While Key was on the foreign exchange committee of the Federal reserve of New York there was a letter sent ( you can see it on the Feds Website) to congress co-signed by the committe on which Key served, advising them not to regulate derivatives. Non regulated or Over The Counter (OTC) derivatives had already collapsed a large financial institution “Long Term Capital Managment” and could have taken the US economy down because no one new about the problem. Why didn’t they know. Becuase there was no regulation of OTC derivatives. They were a completely dark market.

    So why after an obvious near collapse of the worlds economy in the late 90s did Keys “Foreign Exchange Committee” recomend the timebomb be left to tick away. It must have been clear to even those who don’t understand derivatives that large investments ( at that stage about 40 trillion) affecting and endangering the whole financial system should be regulated so that danger to the worlds economy can be seen comming.

    If key has done nothing criminal (that we know of ) he is guilty of incredibly bad judgement and he like most of the bankers is not paying the price. The millions in America now living on the streets who we never see on TV are paying for his bad judjment or at the very least his silence when his committee urged the US congress to pass the “Commodities Futures Modernisation Act” which prevented regulation of derivatives and allowing the problem to grow to insurmountable levels approx 600 trillion or 10 times the size of the world markets.

    • tsmithfield 23.1

      Lucy, just a couple of points.

      Firstly, it wasn’t the use of derivatives that caused the crash. The use of derivatives may have sped-up and exacerbated it. However, it was not the cause. The cause was the incredible amount of over-leveraging that has occurred in both public and private sectors to keep the western lifestyle alive and well. Guess how they’re fixing it. More over-leveraging. Guess how that is going to end in a few years from now. And the next bubble will eventually burst whether there are derivatives or not. Remember, there wasn’t the degree of sophistication in derivates in the crash that triggered the great depression.

      Secondly, derivatives are not inherently good or evil. I am not familiar with the type of derivatives you refer to. However, I do trade in options which are derivatives of shares. These options (call and put options) can be used as inexpensive insurance for mum and dad investors to protect their share investments (e.g. through put options), or as low risk ways to generate extra income from their shares (e.g. covered calls). On the other hand, speculators get plenty of leverage to generate good profits if we get it right (not so easy to do).

      So, on one side of the trade there is often someone wanting to get cheap insurance to protect their investments, or make some low-risk money on existing shares. On the other side of the trade are speculators betting in the opposite direction. You see, every one can be happy. Except of course the speculators who get it wrong.

      • the sprout 23.1.1

        what caused the crash was a lack of regulation and an excess of greed

        • tsmithfield 23.1.1.1

          Here is a hint at what was at the root cause of the crash:

          http://seekingalpha.com/article/198348-another-month-another-huge-deficit

          Now the right-hand end of that graph is very scary. But what I want you to look at is the rest of the graph. How often since the early seventies has the US actually been running a surplus? Imagine that scenario multiplied across multitudes of other economies. Similar behaviour with private citizens using the “increase in value” of their houses as cash machines to fund life-styles they couldn’t really afford. This sort of behaviour over many years has left economies incredibly vulnerable. Sure, opportunists might be motivated by greed to take advantage of the situation. However, if the situation had never developed, they wouldn’t have had the opportunity in the first place.

          Heres another hint. All that “money” tied up in derivatives, shares etc never actually existed in the first place, and still doesn’t exist other than in peoples brains. I’ll demonstrate what I mean using shares as an example. Say the current price of shares for a given company is $5.00 and there are $10,000, 000 of them. Does that mean we can calculate the worth of the company by multiplying $5 by $10,000,000? No. Because most of it is speculative value only. If all those shares were dumped on the market at once, the value would crash back down to their actual intrinsic worth.

          Welcome to the world of fiat currencies and speculation and imaginary value.

          • Draco T Bastard 23.1.1.1.1

            And yet he still thinks that the economy as it’s run is viable…

            • tsmithfield 23.1.1.1.1.1

              Can’t change the economy. All we can do is adapt to it.

              • Draco T Bastard

                Yes, actually, we can and should change the economy to one that’s based upon reality rather than having one that’s based upon the delusional rantings of the neo-libs and the conservatives.

              • exactly. markets are there to serve people, not the other way around.

  24. Jimmie 24

    For all the lefties envies here, instead of moaning about John Key’s personal wealth , how about bettering yourselves, getting off your benefits and using some initiative to help you and your families to get off the poverty line.
    Frek why do lefties always expect others to do things for them. Work hard for due reward that is how things should work in the real world. And the state should grab as little tax off your hard work as is necessary.
    The socialist fantasy of the ‘people’ working so that mother state can benefit all is a myth that was exposed in the failed USSR and Eastern Europe.
    If you are poor and destitute stop looking for handouts and start looking for how you can better your self. If all kiwis did that the country would be at the top of OECD not at the bottom. Get a dictionary and learn what ‘individual initiative’ means.

    • WillieMaley 24.1

      Mindboggling in your ignorance there Jimmie.

    • Draco T Bastard 24.3

      One thing that I learned from a multi-millionaire who became one after spending his life working hard is that working hard will never make you rich. His advice, get a lot of others working hard for you and then you’ll become rich.

      The USSR was, according to scholars, communist for somewhere between 30 and 50 days. It failed because it became a state capitalist.

      It’s very difficult to take the initiative when the resources you need to do so aren’t available (as they’re tied up by the already wealthy).

  25. Lucy 25

    “what caused the crash was a lack of regulation and an excess of greed”

    Yes the lack of regulation was the problem and Key’s Foreign Exchange Committe” supported not regulating derivatives.

    Brooksley Born who headed the Commodities Futures Trading Committee” says at the end of the movie that derivatives are the problem. She topped her very large law class at Stanford and worked in derivatives law for 20 years before she became head of the CFTC. You might like to watch the movie. Its a little on the basic side and pussyfoots around the really big players but a pretty good movie made by the very respectable PBS Frontline.

    • tsmithfield 25.1

      Lucy, derivatives may have contributed to and exacerbated the problem. But they did not cause it. The boulder was balanced on the edge. Derivatives helped give the boulder a push.

  26. It is an obscene amount of money and far more than any individual ever needs. We should stop “celebrating” the wealthy and celebrate instead those whose intention is to ensure that all of our inhabitants have an adequate amount so that they can have a reasonable quality of life.

  27. Pete 27

    I can’t believe you lot. Why not do some work and save something for yourselves rather than both complaining someone else is doing it and hoping they are so you can help yourselves to it.

    What a bunch of self-serving wankers.

    [lprent: You mean work like I've been doing for the last couple of days moving this site to a new server.

    By the look of your comment you just look like another stupid freeloading troll because you are incapable of participating in the debate. Looks like you simply don't have the requisite intelligence to do so. So you leave useless comments like this one. Face it - you're an ignorant luser. ]

  28. Lucy 28

    tsmithfield

    The whole financial system ia a mess I know. However this is what has bought us to the Brink. I see the whole thing as deliberate.

    You are entitled to your opinion but the corruption that has gone on in the OTC derivatives markets is a big problem. Our PM was involved in that which says a lot about his suitability to be PM. He is not respectable and not suitable to be PM. Thats how I see it. The New Zealand Herald has either purposly or mistakenly mislead the public about the attack on the NZ dollar 20 years ago and have no intention of looking at or correcting their article that is obviously wrong about where Key was during that attack on our dollar.

    I spoke with one guy at the Herald about the obvious mistake in their article re the Key timeline and the Guys response was . Why don’t you leave him alone ( Key ) that was 20 years ago. Clearing up the real facts of the case as incorrectly outined in their article giving Key the all clear was pretty obviously something that made the guy I spoke to at the Herald extremely angry. Seems they are only interested in labour or NZ First corruption. We are not allowed to challenge their incorrect story about John Key.
    I wonder if you can take news organisations to court for refusing to look into articles that can be shown not to be correct. It would be good if you could make them address it and print the findings on the front page.
    Theres a new law for the Labour party. Make the news papers address important inaccuricies then publish corrections on the front page.

    Unfortunately there are big salaries ( and not so big ) in television, Newspapers and talkback radio. I guess the corporations who own the news and advertisers here are grateful to Key for the tax breaks.

    How to influence the news. Pay your political pawns big money. Our media personalities know who own them and give them that great lifestyle, those a nice pay packets. And like everyone else they need a job.

  29. tsmithfield 29

    Lucy, as I said, I can’t really comment on these specific derivatives. However, another practice that has been argued has been a major cause of market crashes is “naked short selling”. This involves large institutions selling shares they don’t actually own, forcing down share prices, then buying back the shares at a lower price. Thus, this practice is being considered for regulation. However, research suggests that regulating this practice won’t prevent crashes.

    http://seekingalpha.com/article/193018-short-selling-rules-when-will-analysis-replace-rhetoric

    The issue is that businesses that are the target of these sorts of practices are generally in terminal decline anyway. Short selling merely speeds up the inevitable.

    The practice of naked short selling, for example, would not work too well with a healthy business because it would just create buying opportunities for other buyers. Thus, the price would probably end up going higher, (after a brief decline) and the short seller would end up having to buy most of the shares back at a higher price.

  30. MollyByGolly 30

    “Whiteware
    “I’m struggling to buy a new washing machine at the moment, if you look around you can get one for about $600.”

    Don’t worry Sprout, the budget will announce tax cuts. At $50 a week, it will only take you 12 weeks to pay for your new washer :-)

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  • 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 after revelations that three out of seven properties sold in Wanganui tested positive for methamphetamine,...
    Labour | 17-04
  • 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 Damien O’Connor says. “Before his departure, John Key said he would wait until all...
    Labour | 16-04
  • 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 tabled in Parliament yesterday shows that total use of ozone depleting gases in New Zealand has...
    Greens | 16-04
  • 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.  ...
    Labour | 16-04
  • Collins must admit misleading Parliament
    ACC Minister Judith Collins must front up and admit she has misled Parliament over ACC’s policy to stop paying compensation to clients who refused to fill in its privacy form, Labour’s ACC spokesperson Iain Lees-Galloway says. “Judith Collins claimed Labour...
    Labour | 16-04
  • English confirms he has no plan to raise wages
    Finance Minister Bill English has confirmed he has absolutely no plans to lift wages, Labour’s spokesperson on Labour Issues, Andrew Little says. “Bill English told the Chamber of Commerce yesterday that workers could expect a rise in average income of...
    Labour | 16-04
  • Govt careless and callous about threatened birds
    The National Government is increasing the threat to two of the world's most threatened and unique birds by opening up Victoria Forest Park to petroleum drilling, the Green Party said today.Scientists have recently published a ranking of the 100 most...
    Greens | 16-04
  • 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
  • Tribute for Maungaharuru- Tangitu settlement
    Labour Member of Parliament for Ikaroa-Rāwhiti, Meka Whaitiri paid tribute to Maungaharuru-Tangitu today as their Treaty of Waitangi settlement became law. “The Bill acknowledges Treaty breaches that left Maungaharuru-Tangitu virtually landless. Today we were reminded of the history, mamae, loss...
    Labour | 10-04
  • Neglected rural and regional roads will cost more lives
    The government must take urgent action to prevent more accidents to truck drivers and other road users of increased logging trucks on neglected roads, says Darien Fenton, Labour’s Transport spokesperson. “The dangers to drivers and other road users in the...
    Labour | 10-04
  • Judith Collins’ refusal to answer a disgrace
    If John Key is holding his Ministers to any standards at all, he must make Judith Collins answer questions about the senior Chinese official she met during her taxpayer-funded visit to China last October, Labour MP Grant Robertson says. “Judith...
    Labour | 10-04
  • Ryall needs to heed hospital workforce issues
    The public health workforce, the same one Tony Ryall argues is making a lot of progress is facing increased pressure and staff burnout through his continued shuffling of the deckchairs, Labour’s Health spokesperson Annette King says. “Mr Ryall uses all...
    Labour | 10-04
  • Key ducks but can’t avoid High Court slap
    The High Court’s slap in the face to John Key and his Government over Chorus has left it with no option but to accept the Commerce Commission’s lawful process in deciding the price of copper, says Labour’s associate ICT spokesperson...
    Labour | 09-04
  • First home buyers shut out as LVRs bite
    The bad news continues for young Kiwis as the latest Core Logic report shows the proportion of first home buyers has declined since LVR lending restrictions came into force, says Labour’s Housing spokesperson Phil Twyford. Twenty two centres across the...
    Labour | 09-04
  • MANA – and, or, or not – DOTCOM
    Both MANA and the Internet Party share goals in common with other parties, like getting rid of National and reining in the GCSB. There are also differences, as there are with other parties as well. MANA accepted a request to...
    Mana | 09-04
  • 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
  • A case study of racism by Police at Auckland Airport
    A couple of days ago I returned from Samoa after attending a family matter and some contract work. Spending a few days in the warmth of our homeland was welcome relief from the cold weather starting to make its presence...
    The Daily Blog | 15-04
  • An acute shortage of emergency youth housing
    The housing crisis is effecting everyone in Christchurch but some are more vulnerable than others. Recently I attended a workshop on emergency youth housing hosted by the 298 Youth Health Centre, who I worked for from 2001-2003. Over fifty people...
    The Daily Blog | 15-04
  • The Oceans Issue
    The ‘Earth’ is 71% water but our oceans are the last frontier. The oceans are huge, relatively unexplored, full of weird and wonderful diversity. In New Zealand we’re never far from the sea, and our identity, our landscapes, our communities,...
    The Daily Blog | 15-04
  • Fear of South Auckland
    Fear of South Auckland...
    The Daily Blog | 15-04
  • TV News Geography
    TV News Geography...
    The Daily Blog | 15-04
  • The best bit about gay sex
    The best bit about gay sex...
    The Daily Blog | 15-04
  • On not voting 1
    On not voting 1...
    The Daily Blog | 15-04
  • On not voting 2
    On not voting 2...
    The Daily Blog | 15-04
  • Labour on trucks
    Labour on trucks...
    The Daily Blog | 15-04
  • 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
    The Governor-General, Lt Gen The Rt Hon Sir Jerry Mateparae, is to visit Turkey next week to lead New Zealand’s representation at the annual Gallipoli commemorations....
    Scoop politics | 17-04
  • Actions of Police prior to death in custody were justified
    A report by the Independent Police Conduct Authority on the death of Adam Palmer while in Police custody found the actions of Police were justified during the arrest. The report also found that Police took all possible steps to try...
    Scoop politics | 17-04
  • New Electorate Boundaries Finalised
    New boundaries for the country’s 64 General and seven Māori electorates have been finalised – with an additional electorate created in Auckland. The 2014 Representation Commission has completed its statutory role of reviewing and redrawing electorate...
    Scoop politics | 17-04
  • Save The Children Welcomes Strengthening Children’s Rights
    Save the Children New Zealand welcomes a new treaty which allows children to complain directly to the UN Committee on the Rights of the Child about alleged violations of their rights....
    Scoop politics | 16-04
  • Labour takes manufacturing seriously
    Labour takes manufacturing seriously Manufacturing workers and employers will all benefit from economic policies announced today by the Labour Party leader, David Cunliffe. The Engineering, Printing and Manufacturing Union has welcomed the announcement...
    Scoop politics | 16-04
  • Manufacturing policy welcomed
    “Today’s announcement of Labour’s manufacturing policy is very welcome,” says CTU Economist Bill Rosenberg. “Just as many other developed countries are realising, having a strong manufacturing sector pays off in good jobs, retaining...
    Scoop politics | 16-04
  • Operation Unite – a Blitz on Drunken Violence
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    Scoop politics | 16-04
  • Dunne Speaks
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    Scoop politics | 16-04
  • Research announcement welcomed
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    Scoop politics | 16-04
  • At Last: A Manufacturing Policy
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    Scoop politics | 16-04
  • Republic campaigners still positive after royal visit
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    Scoop politics | 16-04
  • Selling homes to foreigners benefits New Zealanders
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    Scoop politics | 16-04
  • Taxpayers’ Union Welcomes Key’s Rejection of ‘Fat Tax’
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    Scoop politics | 16-04
  • Law Commission Paper on a New Crown Civil Proceedings Act
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    Scoop politics | 16-04
  • Focus must now go on fishing industry jobs for NZ workers
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    Scoop politics | 16-04
  • Make the choice to stay safe on the road
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    Scoop politics | 16-04
  • Students Welcome Engagement with StudyLink
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    Scoop politics | 16-04
  • Deaf And Hard of Hearing New Zealanders Marginalised
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    Scoop politics | 16-04
  • Public lose interest in this council, 2016 to be a watershed
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    Scoop politics | 16-04
  • Labour and National join forces in new Maori confiscations
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    Scoop politics | 16-04
  • The FCV Bill – Flagging 30 years of failures?
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    Scoop politics | 16-04
  • Oxfam’s Morning Tea 2014
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    Scoop politics | 16-04
  • 1 in 4 Want to Improve Financial Literacy But Don’t Know How
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    Scoop politics | 16-04
  • Rio Tinto Wins 2013 Roger Award
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    Scoop politics | 16-04
  • ACC’s Strategy to stop compensation using ACC 167 Form
    On Radio NZ national’s morning report on 15 April 2014, ACC’s spokesperson Sid Miller denied the non-compliance was just a way for ACC to refuse people....
    Scoop politics | 16-04
  • Workers support plain packaging of tobacco
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    Scoop politics | 16-04
  • Christchurch Housing Accord a Joke
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    Scoop politics | 16-04
  • Infographic : World Giving Index 2013
    Infographic from Charities Aid Foundation World Giving Index 2013 A Global View Of Giving Trends (click to see full size version)...
    Scoop politics | 16-04
  • Tranter questions CEO’s assurances
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    Scoop politics | 16-04
  • UNICEF NZ Urges Progress on Plain Packaging of Tobacco
    In its oral submission to the Health Select Committee today, UNICEF NZ expressed its strong support for the Smoke-free Environments (Tobacco Plain Packaging) Amendment Bill as a measure that will help reduce the uptake of smoking, and urged parliament...
    Scoop politics | 16-04
  • Whitebait partners look for solutions
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    Scoop politics | 16-04
  • NZ’s biggest killer fails to receive the Roger
    The Smokefree Coalition is disappointed Imperial Tobacco did not win the Roger Award for Worst Trans-national Company operating in New Zealand, despite manufacturing products that kill 5000 New Zealanders every year....
    Scoop politics | 16-04
  • Tukituki decision a win for water quality and farming
    The draft decision by the Board of Inquiry (BOI) on the Tukituki Catchment proposal represents a significant win for freshwater management and the urgency of a transition to environmentally sustainable agriculture in New Zealand, says Fish & Game NZ....
    Scoop politics | 15-04
  • ACC reflects on passing of great Kiwi
    Today is a very sad day for ACC, as news of the passing of Sir Owen Woodhouse has become public knowledge....
    Scoop politics | 15-04
  • Lincoln cleaners outsourced
    Lincoln University will outsource its staff to an as yet undecided cleaning company, but TEU organiser Cindy Doull says it’s not worth it, and what money the university might save is negligible....
    Scoop politics | 15-04
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