Kiwis at the front of the queue?

Written By: - Date published: 10:42 am, March 4th, 2013 - 140 comments
Categories: capitalism, national, Privatisation - Tags: , ,

One of the promises that Key made about asset sales was that Kiwis would be “at the front of the queue”. For the past several days, however, there has been speculation that Mighty River Power shares would be listed in Australia:

Mighty River shares to be sold in Australia – reports

Shares in Mighty River Power will be available to investors on the Australian stock exchange, according to reports from across the Tasman.

A leading Australian business newspaper is reporting that shares in the state-owned enterprise will be “dual-listed” in both countries.

The revelation has prompted Labour to hit out at the Government, accusing it of breaking its promise to New Zealanders that they would be the first in line to buy shares.

See also The Herald’s coverage. Apparently an official announcement is due today, but it’s not likely that these media reports are wrong, as pretty much confirmed by Key on RNZ this morning:

The Labour Party says listing the shares on the Australian stock exchange contradicts the promise to prioritise New Zealand investors.

But Mr Key says where the shares are listed is irrelevant as the Government will determine the make-up of the ownership once it has gauged the level of interest from potential investors.

That “make-up of ownership” has previously been described as:

…between 85 per cent and 90 per cent will be held by New Zealanders, including its own 51 per cent stake.

Note that last important caveat. So, up to 30% of the current share offering can be sold off-shore (half the shares are on sale, 30% of that gives us 15% of the total assuming Key goes with 85% “held by New Zealanders”).

According to the overwhelming majority of public opinion, and simple common sense, these assets should not be sold. But if they are, and the demand is there, why not 100% Kiwi owned? Why will up to 30% of the current offering be flogged off overseas? (Note also, of course, that as soon as the shares are sold, there is nothing to stop Kiwis flicking them off to overseas buyers, and the percentage of Kiwi ownership will quickly plummet). So much for Kiwis at the front of the queue indeed.

140 comments on “Kiwis at the front of the queue? ”

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  1. infused 1
    4 March 2013 at 11:02 am

    There is an article I read somewhere in the weeknd that says the Aussie shares would be after NZers bought shares.

    • Tom Gould 1.1
      4 March 2013 at 5:23 pm

      Key just can’t help himself lying, can he? Now he’s spending a million bucks on a party political broadcast, to cover up. Banana republic, anyone?

    • infused 2.1
      4 March 2013 at 11:20 am

      How is that sneaky?

    • Draco T Bastard 2.2
      4 March 2013 at 11:31 am

      The National Party leadership appear at odds tonight over the future sale of Kiwibank.
      English appears to favour a future sale but today party leader John Keysaid a sale was unlikely.
      At a social event as part of the National Party Conferenceon Friday night, deputy leader Bill English was secretly taped talking to two delegates about the possibility of selling the government-owned Kiwibank.

      Kiwibank has always been in Nationals list of assets to be sold but they won’t touch it just yet as it has massive support in the community.

      • Draco T Bastard 2.2.1
        4 March 2013 at 11:32 am

        Oops, stuffed up the link 😳

        English and Key at odds over future sale of Kiwibank

        • alwyn 2.2.1.1
          4 March 2013 at 2:11 pm

          So, after reading your link I discover that just over four and a half years ago John Key wasn’t going to sell Kiwibank and Bill English was talking about the subject.
          Four and a half years after that surreptitious recording John Key is still not interested in selling it and English hasn’t said anything further.
          Somehow you turn it into “Kiwibank was always on National’s list etc”.
          As for the Government getting some expert opinion on the Kiwibank plans that seems to me to be an excellent idea. I only wish they had done it with Solid Energy.

          • Draco T Bastard 2.2.1.1.1
            4 March 2013 at 3:06 pm

            And considering that JK lies him saying something different to BE doesn’t fill me with confidence.

          • felixviper 2.2.1.1.2
            4 March 2013 at 3:11 pm

            It was always on the list, Bill English said so and as you correctly point out he has never reversed that position.

            It doesn’t matter what John Key says, he breaks promises like Gerry breaks wind: Openly and with no concern for those affected.

  3. vto 3
    4 March 2013 at 11:08 am

    It will be another one of John Key’s lies.

  4. freedom 4
    4 March 2013 at 11:38 am

    What is with the bonus share promises that may or may not be promises or bonuses or even shares? Doesn’t keeping a section of stock aside to service the promise, only cut into the promised return that promises to deliver such promise as we have only dreamed of. I mean it is incredible what a quickly diminishing promised return is going to achieve. At last count 5 billion dollars is going to balance the budget, build not only hospitals but schools too, save CHCH and give every Mum & Dad in NZ a live of prosperity and wonder, hey Key promised !

    as an aside- at work on the weekend ( work which is about to be taken away by a new bean counter of a boss) we had a few Aussie Exchange folk in, and boy oh boy did their mood change when i casually asked if they had any hints about how to go about listing NZ Energy companies on the Ozzie market. must have hit a nerve i reckon. 🙂

  5. Dv 5
    4 March 2013 at 11:45 am

    Contact energy has returned about 5% pa over the 12? years since listing.

  6. emergency mike 6
    4 March 2013 at 11:45 am

    “the Government will determine the make-up of the ownership once it has gauged the level of interest from potential investors”

    Gee, I hope all the mums and dads turn out to be as interested as John Key has been saying they are. But I guess things could get dynamic.

  7. Pascal's bookie 7
    4 March 2013 at 11:48 am

    Kiwis will be at the front of the queue, it’s just that the bouncer is gonna be all “Sorry, shoes.” and “Not tonight mate, not your sort of thing” and “Private function tonight”.

    • freedom 7.1
      4 March 2013 at 11:53 am

      chortles and smirks all day off that one PB ++good

    • tc 7.2
      4 March 2013 at 11:59 am

      +1 and once they’re gone that’s it folks.

      Deals done I reckon, Oz and beyond have already been lined up for them.

      • freedom 7.2.1
        4 March 2013 at 12:03 pm

        gotta wonder what the final holdings of a certain mining magnate will be, why else would she give up so much of Fearfacts if not to be promised something altogether more critical ?

      • SpaceMonkey 7.2.2
        4 March 2013 at 1:38 pm

        Look for the usual suspects… the likes of National Nominees (NAB), JP Morgan, HSBC, Dexia, Citicorp, Goldman Sachs, etc.

    • Rogue Trooper 7.3
      4 March 2013 at 4:42 pm

      m-i-c-k-e-y m-o-u-s-e (a deeba deeba, that’s all folks)

    • Tim 7.4
      4 March 2013 at 7:39 pm

      … yep! and the bouncer will prob be the one that deals ‘P’ on the side to make ends meet.

  8. Lanthanide 8
    4 March 2013 at 1:09 pm

    Very interesting poll on stuff, with the current results at the time of writing:

    Would the Government’s partial asset sales push cause you to change your vote?

    Yes – I’d now vote for a party opposing asset sales
    285 votes, 36.4%

    Yes – I’d now vote for National
    68 votes, 8.7%

    No
    211 votes, 27.0%

    No – I voted for another party in the election
    218 votes, 27.9%

    Bit of an refutation about the so-called “mandate” they have to sell assets.

  9. Mary 9
    4 March 2013 at 1:09 pm

    If Shearer is ever going to make a positive impact then asset sales is the issue he needs to take a stand on. He needs to say Labour will buy back what ever Nact sells (and then but them back, of course). The support’s there, especially if Kiwibank’s on the block, even if Kiwibank’s only being being touted now so it can be pulled back on to make the current sales more palatable. All Shearer needs to do is make the move and show he and Labour are in control of the discussion. All he’s doing now is just reacting which just makes him look like an idiot. Why can’t he do that? 70% of people are behind him! It should be easy.

    Answer is that at worst Labour are quite happy for the sales to go ahead, especially Shearer. At best they don’t really care. A man who would privatise the military would surely see no problems getting rid of a bank and a few power companies. That’s what happens when you have a right-wing government and a right-wing opposition.

    • Draco T Bastard 9.1
      4 March 2013 at 1:21 pm

      He needs to say Labour will buy back what ever Nact sells


      No, he needs to get together with every other party that opposes these sales and say that they will be renationalised without compensation and then do it the day that they’re in power.

      • felixviper 9.1.1
        4 March 2013 at 1:58 pm

        +1

      • Mary 9.1.2
        4 March 2013 at 2:46 pm

        You’re right. I need to learn to be more forceful.

        • Colonial Viper 9.1.2.1
          4 March 2013 at 4:13 pm

          Well, there are more subtle alternatives than Day 1 re-nationalisation without compensation.

          Firstly, you compulsarily acquire 1/2 the Board of Directors seats. Which is the government’s right as a 49% shareholder.

          Secondly, you make it a mandatory requirement that an additional Board seat or two is filled by representatives from the Workers Committee of each power company.

          Thirdly, you apply a super-profits tax on on the earnings of those companies.

          Fourthly, you wait until the private sector owners beg you to take the company fully off their hands so that they can move on with their capital.

      • Tim 9.1.3
        4 March 2013 at 7:54 pm

        Absolutely! Even if he comes out with some woosey statement such as “…there is no guarantee that [assets on the sale agenda] will remain with 49% private participation as opposed to being PUBLICLY owned.
        That actually might cause me to reconsider the firm decision I’ve made (after a lifteime of voting Labour), to party-vote anything BUT Labour, Nat/Act/Dunne/Conservative.
        They’d have to also make it abundantly clear that neo-liberal policy has clearly failed (the World!); that they will try and progress some sort of constitution that elevates the status of Te T o W, BORA, other legislation such as OIA; AND that whilst we have LIZ, the Guv is REQUIRED to refuse the Royal ascent to piss-poor legislation that breaches those Acts/Constitution. When eventually a republic, a President would effectively impeach himself if he/she legitimised anything that breached those acts/constitution.

        I notice Frank McS has recently written something on the need to entrench various things and provides ideas on the mechanisms available to achieve same. Funnily enough, I’ve asked the Green Party to comment on where they stand and how they would handle the issue. (No reply – After 2 weeks).
        Will it be Green, or will it be Mana I ask myself!

    • SpaceMonkey 9.2
      4 March 2013 at 1:41 pm

      Why can’t he do that…? Probably because his constiuents don’t want him too.

      • felixviper 9.2.1
        4 March 2013 at 1:59 pm

        You mean the people of Mt Albert?

      • Tiresias 9.2.2
        4 March 2013 at 2:42 pm

        He can’t do that – or rather he could but won’t – because fortunately he’s brighter than you lot.

        Read the ‘Sequester USA” thread below. The US political system has become totally disfunctional and the country practically ungovernable because the Republicans – and the Democrats, come to that – are demanding all and giving nothing. Italy is ungovernable at the moment because Beppe Grillo’ M5S ‘party’ are refusing to work with anyone. Greece is in a perilously similar situation. It is axiomatic that in any PR system which doesn’t give one party an unopposable majority there is an opportunity for a minority to dig its heels in and bring government to a standstill.

        There are occasions when that might be justified – when perhaps the majority is seeking to abuse its powers by doing things unannounced and without any mandate much as the fourth Labour Government did under Lange, except that the FPP system then gave them the power – but under the conventions of the Westminster Parliamentary system which make it, and democracy, workable particularly under PR an elected Government has the right to do what it said it would do before it was elected however much you, and Her Majesty’s loyal opposition, might not like it. If Shearer now started making announcements as herein suggested he probably would kill the asset sales programme dead – but if Labour won the next election by anything other than an outright majority he could very easily find himself blocked from doing many of the things he campaigned on and which you’d want him to do because of such blackmailing and undercutting threats by the other side or sides.

        Democracy is a fragile thing – just ask the Greeks, and the Germans of the 1930s come to that – and think before you start a race to the bottom.

        • Draco T Bastard 9.2.2.1
          4 March 2013 at 3:29 pm

          He can’t do that – or rather he could but won’t – because fortunately he’s brighter than you lot.

          Ah, yes, the traditional not undoing the actions of a previous government to maintain stability despite the fact that the populace wants them to and didn’t want the previous government to do it in the first place.

          That’s not more intelligent, just more sticking to what the rich want.

          • Tiresias 9.2.2.1.1
            4 March 2013 at 4:00 pm

            No, I was merely responding to your suggestion that the power companies be re-nationalised without compensation.

            You are quite correct to believe such a suggestion from Labour would stop asset sales in their tracks. It would also trigger a capital flight from New Zealand that would make Greece, Iceland and ireland’s recent experiences look like minor financial hiccups. What do you imagine the New Zealand dollar would be worth if the Government started taking what it wanted without compensation? How much oil, how many pharmaceuticals, would we be able to buy if we had to pay cash for it in US$ at 10/c to the NZ$?

            Shearer/Labour would in my view be quite entitled to announce that in Government they would take back ownership of the power companies from private investors at a fair price, and such an announcement would undoubtably depress the sale – perhaps to the point of sinking it. Because they haven’t done so I agree with Mary above – I don’t believe the current Labour leadership is whole-hearted about its objections to the sale process and is quite happy to let National put some black ink on the Govt’s Books while avoiding the approbrium.

            Buying the power companies back would, however, be an expensive exercise and Shearer’s view might be that taxpayer’s money would be better spent on other things. As I haven’t heard anything from him on the point I’ve no idea where he actually stands.

            • Colonial Viper 9.2.2.1.1.1
              4 March 2013 at 4:07 pm

              Capital flight/capital strike by the wealthiest corporations and individuals remains the single gravest threat to NZ sovereignty.

              Buying the power companies back would, however, be an expensive exercise and Shearer’s view might be that taxpayer’s money would be better spent on other things.

              As you say who on Earth would know what Shearer’s actual views on this are.

              ps it’d be relatively cheap to buy the power companies back; they’ll pay for themselves within 9 or 10 years.

              A great investment for NZ.

            • Draco T Bastard 9.2.2.1.1.2
              4 March 2013 at 5:48 pm

              It would also trigger a capital flight from New Zealand that would make Greece, Iceland and ireland’s recent experiences look like minor financial hiccups.

              And would allow us to bring our economy back into line just like Iceland did.

              How much oil, how many pharmaceuticals, would we be able to buy if we had to pay cash for it in US$ at 10/c to the NZ$?

              Who cares as all that really means is that we would have to fall back upon our own resources which are quite enough to sustain us.

              Shearer/Labour would in my view be quite entitled to announce that in Government they would take back ownership of the power companies from private investors at a fair price, and such an announcement would undoubtably depress the sale – perhaps to the point of sinking it.

              Actually, it would be likely to push the price up due to the government guaranteed returns that Shearer would be promising.

              Buying the power companies back would, however, be an expensive exercise and Shearer’s view might be that taxpayer’s money would be better spent on other things.

              That’s why the government should also be taking back the power of printing money from the private banks.

              You, like most economists, have NFI WTF the economy is or what it’s for.

              • Colonial Viper …
                4 March 2013 at 5:59 pm

                Who cares as all that really means is that we would have to fall back upon our own resources which are quite enough to sustain us.

                Actually, in addition to the benefits of an import substitution programme, India and China will supply us with all the advanced manufactured products we need in direct exchange for: food and energy.

                Pretty good eh.

        • KJT 9.2.2.2
          4 March 2013 at 3:42 pm

          You think we have Democracy? What a joke.

          At best we have a three yearly rotating dictatorship. Where the most you can do if you don’t like one lots policies, is to vote back the lot you didn’t like last time.

          Where idiots like Key, Douglas and the ABC’s and total mental vacancies like Parata, Brownlee, Banks, Hipkins can tell us all what to do.

          Where the opposition is , if being generous, out to lunch, if not you could say they are also conniving in the daylight robbery.

          The minimum requirement for democracy is binding referenda, with an achievable minimum trigger petition, like the Swiss.

          • Tiresias 9.2.2.2.1
            4 March 2013 at 4:11 pm

            And why do we have “idiots like Key, Douglas and the ABC’s and total mental vacancies like Parata, Brownlee, Banks, Hipkins”? I suggest that we have the democracy we deserve, and for as long as 85% of the electorate (at least) regards democracy as a tri-annual tick in a box according to their view of the best act of the ones they were shown, we’ll get what you describe.

            You can vote for whoever you want, so in what way is it the fault of democracy there’s no-one in Parliament representing your views?

            Yes, I broadly agree with the concept of binding referenda. Let’s float one calling for the abolition of taxation and free Rolls-Royces all round.

            • KJT 9.2.2.2.1.1
              4 March 2013 at 4:26 pm

              Hey.

              All we get is a tri-annual tick in the box, not democracy.

              As for referenda. I am damn sure we would not all vote to reduce taxes on the rich to the extent the country cannot function, sell of income earning assets and give tax payer dollars to crooks.

              • Colonial Viper …
                4 March 2013 at 4:46 pm

                Exactly. Tiresias thinks that putting paper into a ballot box = democracy, when in fact, voting is nothing more than a mechanical process used by democracies.

                • Tiresias …
                  4 March 2013 at 10:12 pm

                  No, I’m suggesting we have the democracy we deserve because most of the voting population doesn’t engage any further than ticking the box at tri-anual elections. I do my best by actively supporting the party I think most closely represents my personal political views and doing what I can to get it to represent them even more closely – which is why I gave up on Labour some while back. Flogging dead horses eventually gets wearying.

                  And as for binding referenda I note that in 2009 the Swiss , by a majority of 57.5%, voted in favour of banning the construction of minarets in Switzerland, and by a majority of 68% against a ban on the export of arms and war supplies.

                  When a whole country does a Prosser it’s hard to argue he’s just a dim and lonely redneck.

                  • Tiresias …
                    4 March 2013 at 10:32 pm

                    Oh, and the Swiss have just voted by 68 percent to back plans for shareholders to veto executive pay and for a ban on big rewards for new and departing managers.

                    So what do we have?

                    Swiss vote to curb bonuses and obscene executive pay – what a great nation.

                    Swiss vote to ban the building of mosques – what a backward, intolerant nation.

            • Rogue Trooper 9.2.2.2.1.2
              4 March 2013 at 4:46 pm

              Yep.Merlins please

          • TheContrarian 9.2.2.2.2
            4 March 2013 at 4:34 pm

            “The minimum requirement for democracy is binding referenda”

            Th minimum requirement for democracy is universal suffrage.

            • Tim 9.2.2.2.2.1
              4 March 2013 at 8:11 pm

              ….. AND!!!! any ruling government is only as good as its opposition – something Joe Everidge (distant cousin to Edna) can’t seem to grasp when there’s no Public Sphere, no 4th Estate, and an up and coming (ONE Newzzzzzz) cabal of wannabe gliterrati reporters and journalists that can’t even handle the difference between ‘brought’ and ‘bought’ – which most of them – if they had time to sit down and think about it – actually are.
              Bring and Buy
              Brought and Bought

              Aye (Layzy!) you gorgeous creature!

          • TheContrarian 9.2.2.2.3
            4 March 2013 at 4:35 pm

            No good having binding referenda if only men can vote on it for example

            • KJT 9.2.2.2.3.1
              4 March 2013 at 6:59 pm

              All the indications are that we would have had universal suffrage a lot sooner in NZ with Swiss style Government.

              It was our parliament that blocked it!

              Their decisions reflect their society.

              Referenda in NZ, would reflect our society.

              • TheContrarian …
                4 March 2013 at 7:17 pm

                “All the indications are that we would have had universal suffrage a lot sooner in NZ with Swiss style Government. ”

                So what you are saying is that if NZ had a Swiss style of government before universal suffrage we would have had universal suffrage earlier?

                Considering NZ gave woman the vote before any other nation, and before the advent of ‘Swiss style of government’ was even a thing, your comment actually doesn’t make any sense.

              • Arfamo …
                4 March 2013 at 7:18 pm

                Everybody seems to like the idea of government by referenda but I doubt any government of New Zealand could make it work effectively. You still get left with many of the day to day business decisions and management of the budget having to be made by an elected govt and implemented or regulated by government departments and institutions. A pity we no longer have such an apolitical public service. I can remember a time when Ministers really were quite often talked out of bad ideas by senior departmental heads who really did think their role was to be apolitical servants of the public. But that’s 30 years ago.

                • TheContrarian …
                  4 March 2013 at 7:25 pm

                  “Everybody seems to like the idea of government by referenda”

                  In the last year alone ~250 bills were presented and passed. The idea we could have referenda on all them is absurd. Even you said, lie Draco is want to say, we only have referenda on the ones that matter to the nation or herald major change then who decides which ones go to referenda? All bills effect everyone in some sense. Govt. by referenda isn’t really that feasible.

                  • Arfamo …
                    4 March 2013 at 7:32 pm

                    I agree. Imagine how much time would be wasted just on trying to sort out an agreed wording for each item for referendum. I guess if someone wanted to waste the time on it they could try and come up with a really short, shortlist of key matters which ought to be subject to referenda, but those areas tend to reveal themselves when members of the public do CIRs anyway. Leaving us with the problem that governments aren’t bound by them and seem to enjoy thumbing their noses at them anyway. Wonder if the constitutional review will look at that.

                  • felixviper …
                    4 March 2013 at 7:38 pm

                    That’s a fair enough point if you’re limiting the discussion to simply governing by referendum but not changing anything else in the system.

                    Which is a bit like saying “Cars can’t possibly run on electricity – they don’t have plugs!”

                    Perhaps another way to look at this is to ask why there are so many bills…

                    • Arfamo …
                      4 March 2013 at 7:44 pm

                      Is that a particularly noteworthy number of bills? I dunno I’ve not kept track of how many bills have passed over the years. Maybe more bills now than in the past because of the need to continually fix up poorly considered, rushed legislation, but not sure that’s the case without seeing some numbers over the years.

                    • TheContrarian …
                      4 March 2013 at 7:46 pm

                      “Perhaps another way to look at this is to ask why there are so many bills
”

                      Look at how fast the world changes around us.

                    • felixviper …
                      4 March 2013 at 9:21 pm

                      And look at how slowly the system reacts.

                    • Draco T Bastard …
                      4 March 2013 at 9:23 pm

                      Is that a particularly noteworthy number of bills?

                      One of the criticisms leveled against NZ parliament is that it’s the fastest lawmakers in the west or words to that effect. The simple fact is that we actually pass laws far too fast.

                    • Arfamo …
                      5 March 2013 at 10:19 am

                      Lol. This debate is becoming more obscure with each new post.

                  • Draco T Bastard …
                    4 March 2013 at 9:20 pm

                    In the last year alone ~250 bills were presented and passed.

                    Where’s the Natural Law that says that 250 bills have to be passed every year?

                    And, as I’ve also said, we can have the living standard we have today on 10 hours work each week leaving plenty of time for people to engage with government on those major policy decisions where it’s needed.

                    • Arfamo …
                      4 March 2013 at 9:38 pm

                      Reducing work hours but not pay and spreading the work to give more jobs to people I’m sure is possible: it’s what futurists were optimistically predicting at the dawn of the computer revolution. But the world headed in the opposite direction, using computers to replace jobs and increase the hours worked by those who still have jobs. We are a very very long way from achieving the futurists’ vision.

                    • Draco T Bastard …
                      5 March 2013 at 6:56 am

                      We are a very very long way from achieving the futurists’ vision.

                      And it went that way because of the profit driven free-market. A system that is presently using up resources at a rate that is unsustainable and putting us on course for the first, and possibly the last, Anthropogenic Extinction Level Event.

                      We could do it but some people don’t want us to.

                    • TheContrarian …
                      5 March 2013 at 8:49 am

                      “Where’s the Natural Law that says that 250 bills have to be passed every year?”

                      There is no natural law but the fact is this is how many bills are being passed.

                      “We can have the living standard we have today on 10 hours work each week leaving plenty of time for people to engage with government on those major policy decisions where it’s needed.”

                      I think you’ll probably find the vast majority of people don’t want to spend their free time reading government bills. Even if we lower the amount of bills being passed to 100 per annum that is still a hell of a lot of time taken if every one is going to vote on them. Essentially one every 3 days. Government by referenda is simply far to time consuming and complicated.

                      “We can have the living standard we have today on 10 hours work each week”

                      I put it to you that that’s bullshit. Care to quantify it?

                    • felixviper …
                      5 March 2013 at 9:01 am

                      TC, you’re still wedded to the idea that so many bills are necessary and that they have to be necessarily difficult to understand.

                      You haven’t really demonstrated this though, unless your argument is that the status quo is the best we can ever do.

                    • TheContrarian …
                      5 March 2013 at 9:06 am

                      I am not wedded to any particular idea. The simple fact is there are this many bills. I am open to any idea to reduce the number.

                      How many do you think there should be?

                    • felixviper …
                      5 March 2013 at 9:32 am

                      It’s irrelevant how many I think there should be.

                      If you’re not wedded to the idea that lots of complicated bills need passing then good, let’s move on.

                      Now that we’ve dealt with that, what’s your next objection to referendum?

                    • TheContrarian …
                      5 March 2013 at 9:36 am

                      No I am not wedded to the idea but the current reality is that there are over 200 bills being passed every year so you need to deal with that first because having referenda on all of them is not possible.

                      If there are only 10 bills a year then there is no issue in referenda on them but that is just plucking a number out of the air.

                    • felixviper …
                      5 March 2013 at 9:51 am

                      FFS you’re being dense this morning.

                      If you think ten is a good number then let’s use that for now. Ten bills a year.

                      Happy?

                    • TheContrarian …
                      5 March 2013 at 9:55 am

                      I have no problem with referenda at all if we are only voting an a few bills a year because we’ll have the time to investigate them before being voted on

                      So now, lets look at the problem of how many bills we have. You can’t just wave your hand and say “we’ll just have less” because you need to determine which ones we are going to have and which ones we don’t need.
                      How do we do this? Any ideas?

                    • felixviper …
                      5 March 2013 at 10:09 am

                      Actually we can, we just pass a law that says “no more than ten bills per year”.

                      Or “no more than 2 at a time”.

                      Or “only on tuesdays”.

                      Or whatever.

                      You’re treating the amount of bills like it’s a natural phenomenon when it’s simply a product of the existing rules and systems.

                    • TheContrarian …
                      5 March 2013 at 10:13 am

                      No I am not treating it as a natural phenomena – I am treating as the actual reality we currently have.

                      Of course we can pass those laws – so how do you determine which ones we’ll be voting on?

                    • felixviper …
                      5 March 2013 at 10:15 am

                      How do you think which bills go through the house are determined now?

                    • felixviper …
                      5 March 2013 at 10:19 am

                      ps do you really not understand that the “current reality” or whatever you’re calling it is determined by rules we made up?

                    • TheContrarian …
                      5 March 2013 at 10:19 am

                      OK then we follow the same method as we have now but limit it to ten per annum.

                      So we pass only 10 of these:
                      http://www.parliament.nz/en-NZ/PB/Legislation/Bills/Default.htm

                      Which would mean the last year of parliamentary business would take 23 years.

                    • TheContrarian …
                      5 March 2013 at 10:21 am

                      “do you really not understand that the “current reality” or whatever you’re calling it is determined by rules we made up?”

                      Of course.

                    • felixviper …
                      5 March 2013 at 10:24 am

                      Who says any of last year’s parliamentary business would’ve happened at all?

                      See?

                      You’re totally stuck on the idea that the outcome must not change. This is why you get called conservative btw.

                    • TheContrarian …
                      5 March 2013 at 10:34 am

                      I don’t think things shouldn’t change at all. I like change however I don’t just hand wave and say ‘things should be like this’.

                      It’s all well and good to say we could change the rules and say ‘we only need ten bills a year’ but you need to recognise the effect it would have and that, ironically, would mean things would change very little

                    • TheContrarian …
                      5 March 2013 at 10:42 am

                      We can take this up later though if you’d like – I have meeting to get to.

                      Enjoy your day.

                    • felixviper …
                      5 March 2013 at 11:05 am

                      Now you’re trying to make this about change for change sake. Please.

                      The question was really about why things are necessarily done a certain way and not another. As far as I can read you’re defending the status quo on no grounds at all other than that it happens to be the way things are done currently.

                      You say “I don’t just hand wave and say ‘things should be like this’.”

                      I suppose I think that’s exactly what you’re doing.

                    • Draco T Bastard …
                      5 March 2013 at 11:16 am

                      I think you’ll probably find the vast majority of people don’t want to spend their free time reading government bills.

                      That happens to be the price of freedom.

                      If you do not engage in governing yourself then you will be governed and all the freedom that your ancestors have fought for will be lost.

                      So now, lets look at the problem of how many bills we have. You can’t just wave your hand and say “we’ll just have less” because you need to determine which ones we are going to have and which ones we don’t need.

                      You continually ask the wrong question. It shouldn’t be about how many bills are passed but how many are basic housekeeping and how many are policy. I could be wrong but I think you’ll find that the majority of those 200+ bills fit the former with only a minority in the latter. Referendum only need to apply to the latter with elected representatives and the ministries doing the former as their normal jobs.

                    • TheContrarian …
                      5 March 2013 at 2:25 pm

                      See now that’s a bit smarter. Voting on flagship policy but not the tinkering and/or housekeeping.

                      So referendum on policy like asset sales or WFF but not on smaller, housekeeping tasks, like a bill on improving the reporting of food handling by resturanteurs for example.

        • Colonial Viper 9.2.2.3
          4 March 2013 at 3:58 pm

          Democracy is a fragile thing – just ask the Greeks, and the Germans of the 1930s come to that – and think before you start a race to the bottom.

          What the fuck do either of those situations have in common with NZ today?

          The Greeks: got indebted to bankers within the financialised Eurozone system which destroyed their country, and then had a bunch of pro-capitalist pro banking political leaders screw their country over and over again.

          And you wonder why the Greek populace is restive.

          The Germans of the 1930’s built Germany into a massive industrial and technological power by ignoring conventional economic thinking and investing in nation building infrastructure, so much so that the Germans literally took on the Imperial superpowers of the day.

          You really don’t know shit Tiresas.

          • Tiresias 9.2.2.3.1
            4 March 2013 at 4:29 pm

            “What the fuck do either of those situations have in common with NZ today?”

            The Greeks, just like the Italians last year and the Germans in the 1930’s are getting anti-democratic governments as a response to financial crises – either foisted on them by their creditors as a price for not having the plug pulled completely or by popular demand. If you don’t think that could happen here you’re wearing rose-tinted specs.

            I certainly hope you’re not suggesting New Zealand the methods the Nazis used to achieve their ‘success’. However it is worth point out that part of Germany’s ignoring of conventional economic thinking was a massive re-armaments programme which benefits who, exactly? Oh, and when the war started in 1939 Germany’s national debt stood at 39 billion marks, and it’s been argued by those who do know their shit that one of the reason’s Hitler kicked-off WW2 was to avoid the economic collapse Germany faced.

            http://en.wikipedia.org/wiki/Timothy_Mason#The_.22Flight_into_war.22_theory

            • Rogue Trooper 9.2.2.3.1.1
              4 March 2013 at 4:48 pm

              just like to say, i know a wee bit about TROTTR

            • Pascal's bookie 9.2.2.3.1.2
              4 March 2013 at 4:54 pm

              Lol. All sorts of things have ‘been argued’, but that theory isn’t very compelling at all.

            • Colonial Viper 9.2.2.3.1.3
              4 March 2013 at 5:01 pm

              So the common theme between modern day Greece and pre WWII Germany is the importance of avoiding the dangers of the international banking system and debt based monetary system.

              Nothing you’ve advised helps NZ do that.

              So what the fuck are you on about?

              I certainly hope you’re not suggesting New Zealand the methods the Nazis used to achieve their ‘success’

              Well, lets be much more specific shall we?

              German industrial and engineering technology leapt ahead, as did publicly owned infrastructure designed to boost economic activity and provide a common good to all (ahem, most) citizens.

              After the war Germany kept many of those lessons, becoming a unionised engineering and export powerhouse.

              So why not learn the things we can eh?

            • Arfamo 9.2.2.3.1.4
              4 March 2013 at 7:04 pm

              Yeah, and it’s not like we have the option of autarky to get started, then taking the resources and lives of a whole heap of their citizens, and then subsequently conquering territories and grabbing their resources to try and balance the books. That economic approach probably looked good on paper, but it didn’t actually work out well as even a short term strategy for Hitler and Speer did it? 🙂

              • KJT …
                4 March 2013 at 8:20 pm

                Worked fine for Rome, The UK and the USA though.

                • Arfamo …
                  4 March 2013 at 8:29 pm

                  The Vandals sorted Rome out. Didn’t do Mussolini a lot of good. The UK doesn’t look quite so great these days, and the US looks likely to take everyone down with it if it falls over.

                  • Draco T Bastard …
                    4 March 2013 at 9:26 pm

                    And the problem with all of them is that the rulers got too big for their boots and kept demanding more. The economy was fine before the great demands of the few.

                    • Arfamo …
                      4 March 2013 at 9:41 pm

                      The rulers always get too big for their boots and demand more. It’s only the rulers who change. Big business owners and financiers are the rulers these days. But they rule by proxy through the democratic governments they control. If we, the voters, let them.

          • QoT 9.2.2.3.2
            4 March 2013 at 6:43 pm

            In terms of Tiresas’ original comment – “democracy is a fragile thing” – I’m simply dying to know what similarities there are between the political situations of 1930s Germany and 2010s New Zealand. Because I know I personally long for the proud days of the Kaiser and am filled with fervent nationalism due to propagandist spinning of our recent epic military defeat and extortionist reparation agreements to Australia.

        • bad12 9.2.2.4
          4 March 2013 at 6:22 pm

          Ah too late, the race to the bottom began in 1985…

    • muzza 9.3
      4 March 2013 at 2:09 pm

      Mary, you’re onto it – Although its really the owners/controllers of the political parties/system, who are directing the theatre.

      The mouth piece politicans, paraded as *our* democractic choices every three years, exist to action the instructions!

  10. Tiresias 10
    4 March 2013 at 2:20 pm

    I also understand Key was talking about a ‘loyalty bonus’ of extra shares going to Kiwis who hold their shares ‘long-term’ -which to him is apparently three years. I’m still holding the Contact shares I bought in 1999.

    However if this is part of the planning it means that Labour, if by some miracle it wins the next election with Shearer et al, will be bound to issue those loyalty shares to Key and his mates.

    Priceless.

  11. freedom 11
    4 March 2013 at 4:20 pm

    The announcement on Asset Sales is clear as mud but three things leap into mind
    1: “Kiwis would have to invest at least $1000. They would be guaranteed at least up to $2000 worth of shares. ” of course there was no mention of how that will be fairly apportioned (see #3 )
    2: “Mighty River Power’s 800 New Zealand based employees would be guaranteed up to $5000 worth of shares” what does “nz based” really mean , why should people who simply work for the company get 2.5 X the shares of ordinary people, sure sounds like the governement’s mates getting 2.5 X the option available to you and your mates.
    3: “Ryall declined to say how much of the 49 per cent which had been put up for sale would go to retail investors. ” so basically we all know as much as we did yesterday.

    http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10869016

    notice the immediate discrepancy in the two stories? according to the herald, Mighty river staff get offered 5000 shares not just $5000 dollars of shares. So confusion and diversionary tactics at the outset. This is straight out of the Scam the People playbook.

    • Lanthanide 11.1
      4 March 2013 at 5:07 pm

      “So confusion and diversionary tactics at the outset. ”
      Don’t ascribe to malice that which can be easily ascribed to incompetence.

    • freedom 11.2
      4 March 2013 at 7:34 pm

      note: the herald have since edited the story to “$5000”
      (and as expected without a hint of a retraction. It is a small detail but don’t details still matter? )

    • Dv 11.3
      5 March 2013 at 2:44 pm

      AND they are going to allow up to 40 % of the float to go overseas.

  12. gobsmacked 12
    4 March 2013 at 4:57 pm

    Shearer to be interviewed on this now (Radio Live, after news).

    • gobsmacked 12.1
      4 March 2013 at 5:28 pm

      The interview (may be online later) was pretty typical Shearer … the first 2-3 minutes was fine, very clear with his prepared lines. Then Garner pushed further, with 3 predictable questions:

      Will you buy shares? – No.

      Then:
      Will your KiwiSaver provider buy shares?
      Will any of your MPs buy shares?

      Shearer sounded as though he hadn’t expected the questions. Why not?

      The i-view wasn’t a disaster, but it showed (as usual) his inability to cope with anything from left field.

      • QoT 12.1.1
        4 March 2013 at 6:47 pm

        his inability to cope with anything from left field

        *rimshot*

      • Arfamo 12.1.2
        4 March 2013 at 7:40 pm

        If this interview is online later – can somebody post a link?

      • infused 12.1.3
        4 March 2013 at 7:55 pm

        He was on talkback as well, and fumbled when asked “Would Labour buy them back” Dodging the question twice.

        • Arfamo 12.1.3.1
          4 March 2013 at 8:04 pm

          For chrissake!! How long have they freakin had to by now have worked up a freakin position on this?

  13. The Al1en 13
    4 March 2013 at 6:09 pm

    No point in pointing out the obvious, I suppose, but we lost this battle, good hiding style.

    No matter how many signatures have been collected, no matter how all single issue polls support keeping our assets, Goff fucked it in ’11 and really, from then on in, it’s been all over, Rover.

    Labour’s failure to oppose has allowed this to happen.
    Already looks like history repeating in ’14.

  14. Arfamo 14
    4 March 2013 at 7:37 pm

    They’re talking about selling 3 more aren’t they? If they get four power companies flogged off before the next election, we’re stuffed. I can’t see any way a new government can nationalise them all without drying up overseas investment. I’m quite interested in the suggestion someone made earlier though that a new government with a 51% shareholding could maybe effectively take over the board and finesse them back into public ownership over time.

    • Draco T Bastard 14.1
      5 March 2013 at 6:59 am

      I can’t see any way a new government can nationalise them all without drying up overseas investment.

      We don’t need overseas investment and never have done. Why would we need foreign money to use resources we already own?

  15. Arfamo 15
    5 March 2013 at 8:51 am

    I’m no economist Draco and I wish we could be completely self-reliant, but I imagine if all foreign investment in NZ suddenly dried up we’d be in crisis. I don’t think the NZ-owned capital market is big enough to fund the entire economy, and our government couldn’t do it on taxes alone. But if you’ve got a link to anything produced by anyone showing how we could run a completely internally funded self-sufficient economy I’d love to read them.

    • Draco T Bastard 15.1
      5 March 2013 at 11:37 am

      I don’t think the NZ-owned capital market is big enough to fund the entire economy, and our government couldn’t do it on taxes alone.

      The government could do it. It’s the power of being a sovereign nation capable of printing the states money so as to utilise the states assets and resources effectively. The assets and resources that we already own – the infrastructure of a developed nation, the skills of our people and the resources within the borders.

      And I didn’t say anything about trade or self-sufficiency.

      • Arfamo 15.1.1
        5 March 2013 at 12:10 pm

        Apologies. I must have misinterpreted what you were saying. But I’m quite lost now if you’re saying the government could fund the entire economy. I see no good reason for the Nats to partially privatise the power companies except the obvious one to drag in money to try and plug the hole left by the unaffordable tax cuts and their current borrowing. Just reversing the tax cuts would probably fix the hole faster. But they’ll never do that. So Shearer should say he will. But he won’t. He doesn’t know what he’ll do. Labour’s rooted with him in the front passenger seat pretending to be the driver.

        • Draco T Bastard 15.1.1.1
          5 March 2013 at 2:57 pm

          But I’m quite lost now if you’re saying the government could fund the entire economy.

          Our entire economy is founded upon the resources we have here in NZ. As we already own these resources it’s just a question of using them. Money is a tool to do that but importing money doesn’t bring about any more ability to use those resources than what we already have. As this is true the only thing the government would need to do to bring about the use of those resources is to print the money and spend it into the economy. In this case taxes become a tool to prevent excess inflation, as well as payment for services rendered, by keeping the total money supply balanced.

          • Arfamo 15.1.1.1.1
            5 March 2013 at 4:11 pm

            Whoops sorry – posted this in wrong place. Sounds great. What country is using this system? I’ll check them out.

            • Colonial Viper 15.1.1.1.1.1
              5 March 2013 at 4:14 pm

              The entire global economy is filled by sovereigns trapped by this 400 year old banker run debt-based money system.

            • Draco T Bastard 15.1.1.1.1.2
              5 March 2013 at 4:29 pm

              We did. Worked to but the banks and other capitalists don’t like it as it removes the country’s dependency from them and thus the power they have.

            • Draco T Bastard 15.1.1.1.1.3
              5 March 2013 at 4:40 pm

              The thing that you don’t seem to comprehend is that money has to come from somewhere. There’s a few options but the one we use is the one where the private banks print money into the economy and charge interest on it. This is a system that, quite simply, doesn’t work as the interest is on top of the principal loaned and thus the only way it can be paid back is if another loan is created which also bears interest.

              This results in an inevitable credit crises when the debt is so high that it can’t be paid back – just like we just saw with the GFC. In fact, paying back the loans will actually cause the economy to collapse as it will remove money from circulation. The only reason why the economy hasn’t collapsed so far is because of a number of nations printing money hand over fist but it’s not bring the world out of recession because it’s all going to the private banks.

              The system I’m describing is one where the nation state prints the money, with no interest, and spends it directly into the economy. It would be spent on necessary services such as electricity, telecommunications and other ubiquitous needs. Generally speaking, the stuff that the society can’t do without.

              Money from that spending would be spent into the private sector which would be small and when it falls over, which it does frequently, it won’t hurt the people or even the economy.

  16. Arfamo 16
    5 March 2013 at 4:09 pm

    Sounds great. What country is using this system? I’ll check them out.

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    Open access notables Glacial isostatic adjustment reduces past and future Arctic subsea permafrost, Creel et al., Nature Communications: Sea-level rise submerges terrestrial permafrost in the Arctic, turning it into subsea permafrost. Subsea permafrost underlies ~ 1.8 million km2 of Arctic continental shelf, with thicknesses in places exceeding 700 m. Sea-level variations over glacial-interglacial cycles control ...
    Skeptical Science
    2 days ago

  • Where on a Computer is the Operating System Generally Stored? Delving into the Digital Home of your ...
    The operating system (OS) is the heart and soul of a computer, orchestrating every action and interaction between hardware and software. But have you ever wondered where on a computer is the operating system generally stored? The answer lies in the intricate dance between hardware and software components, particularly within ...
    Gareth’s WorldBy admin
    2 days ago

  • How Many Watts Does a Laptop Use? Understanding Power Consumption and Efficiency
    Laptops have become essential tools for work, entertainment, and communication, offering portability and functionality. However, with rising energy costs and growing environmental concerns, understanding a laptop’s power consumption is more important than ever. So, how many watts does a laptop use? The answer, unfortunately, isn’t straightforward. It depends on several ...
    Gareth’s WorldBy admin
    2 days ago

  • How to Screen Record on a Dell Laptop A Guide to Capturing Your Screen with Ease
    Screen recording has become an essential tool for various purposes, such as creating tutorials, capturing gameplay footage, recording online meetings, or sharing information with others. Fortunately, Dell laptops offer several built-in and external options for screen recording, catering to different needs and preferences. This guide will explore various methods on ...
    Gareth’s WorldBy admin
    2 days ago

  • How Much Does it Cost to Fix a Laptop Screen? Navigating Repair Options and Costs
    A cracked or damaged laptop screen can be a frustrating experience, impacting productivity and enjoyment. Fortunately, laptop screen repair is a common service offered by various repair shops and technicians. However, the cost of fixing a laptop screen can vary significantly depending on several factors. This article delves into the ...
    Gareth’s WorldBy admin
    2 days ago

  • How Long Do Gaming Laptops Last? Demystifying Lifespan and Maximizing Longevity
    Gaming laptops represent a significant investment for passionate gamers, offering portability and powerful performance for immersive gaming experiences. However, a common concern among potential buyers is their lifespan. Unlike desktop PCs, which allow for easier component upgrades, gaming laptops have inherent limitations due to their compact and integrated design. This ...
    Gareth’s WorldBy admin
    2 days ago

  • Climate Change: Turning the tide
    The annual inventory report of New Zealand's greenhouse gas emissions has been released, showing that gross emissions have dropped for the third year in a row, to 78.4 million tons: All-told gross emissions have decreased by over 6 million tons since the Zero Carbon Act was passed in 2019. ...
    No Right TurnBy Idiot/Savant
    2 days ago

  • How to Unlock Your Computer A Comprehensive Guide to Regaining Access
    Experiencing a locked computer can be frustrating, especially when you need access to your files and applications urgently. The methods to unlock your computer will vary depending on the specific situation and the type of lock you encounter. This guide will explore various scenarios and provide step-by-step instructions on how ...
    Gareth’s WorldBy admin
    2 days ago

  • Faxing from Your Computer A Modern Guide to Sending Documents Digitally
    While the world has largely transitioned to digital communication, faxing still holds relevance in certain industries and situations. Fortunately, gone are the days of bulky fax machines and dedicated phone lines. Today, you can easily send and receive faxes directly from your computer, offering a convenient and efficient way to ...
    Gareth’s WorldBy admin
    2 days ago

  • Protecting Your Home Computer A Guide to Cyber Awareness
    In our increasingly digital world, home computers have become essential tools for work, communication, entertainment, and more. However, this increased reliance on technology also exposes us to various cyber threats. Understanding these threats and taking proactive steps to protect your home computer is crucial for safeguarding your personal information, finances, ...
    Gareth’s WorldBy admin
    2 days ago

  • Server-Based Computing Powering the Modern Digital Landscape
    In the ever-evolving world of technology, server-based computing has emerged as a cornerstone of modern digital infrastructure. This article delves into the concept of server-based computing, exploring its various forms, benefits, challenges, and its impact on the way we work and interact with technology. Understanding Server-Based Computing: At its core, ...
    Gareth’s WorldBy admin
    2 days ago

  • Vroom vroom go the big red trucks
    The absolute brass neck of this guy.We want more medical doctors, not more spin doctors, Luxon was saying a couple of weeks ago, and now we’re told the guy has seven salaried adults on TikTok duty. Sorry, doing social media. The absolute brass neck of it. The irony that the ...
    More Than A FeildingBy David Slack
    2 days ago

  • Jones finds $410,000 to help the government muscle in on a spat project
    Buzz from the Beehive Oceans and Fisheries Minister Shane Jones relishes spatting and eagerly takes issue with environmentalists who criticise his enthusiasm for resource development. He relishes helping the fishing industry too. And so today, while the media are making much of the latest culling in the public service to ...
    Point of OrderBy Bob Edlin
    2 days ago

  • Again, hate crimes are not necessarily terrorism.
    Having written, taught and worked for the US government on issues involving unconventional warfare and terrorism for 30-odd years, two things irritate me the most when the subject is discussed in public. The first is the Johnny-come-lately academics-turned-media commentators who … Continue reading → ...
    KiwipoliticoBy Pablo
    2 days ago

  • Despair – construction consenting edition
    Eric Crampton writes – Kainga Ora is the government’s house building agency. It’s been building a lot of social housing. Kainga Ora has its own (but independent) consenting authority, Consentium. It’s a neat idea. Rather than have to deal with building consents across each different territorial authority, Kainga Ora ...
    Point of OrderBy poonzteam5443
    2 days ago

  • Coalition promises – will the Govt keep the commitment to keep Kiwis equal before the law?
    Muriel Newman writes – The Coalition Government says it is moving with speed to deliver campaign promises and reverse the damage done by Labour. One of their key commitments is to “defend the principle that New Zealanders are equal before the law.” To achieve this, they have pledged they “will not advance ...
    Point of OrderBy poonzteam5443
    2 days ago

  • An impermanent public service is a guarantee of very little else but failure
    Chris Trotter writes –  The absence of anything resembling a fightback from the public servants currently losing their jobs is interesting. State-sector workers’ collective fatalism in the face of Coalition cutbacks indicates a surprisingly broad acceptance of impermanence in the workplace. Fifty years ago, lay-offs in the thousands ...
    Point of OrderBy poonzteam5443
    2 days ago

  • What happens after the war – Mariupol
    Mariupol, on the Azov Sea coast, was one of the first cities to suffer almost complete destruction after the start of the Ukraine War started in late February 2022. We remember the scenes of absolute destruction of the houses and city structures. The deaths of innocent civilians – many of ...
    Open ParachuteBy Ken
    2 days ago

  • Babies and benefits – no good news
    Lindsay Mitchell writes – Ten years ago, I wrote the following in a Listener column: Every year around one in five new-born babies will be reliant on their caregivers benefit by Christmas. This pattern has persisted from at least 1993. For Maori the number jumps to over one in three.  ...
    Point of OrderBy poonzteam5443
    2 days ago

  • Should the RBNZ be looking through climate inflation?
    Climate change is expected to generate more and more extreme events, delivering a sort of structural shock to inflation that central banks will have to react to as if they were short-term cyclical issues. Photo: Lynn Grieveson / The KākāMy pick of the six newsey things to know from Aotearoa’s ...
    The KakaBy Bernard Hickey
    2 days ago

  • Bernard's pick 'n' mix of the news links
    The top six news links I’ve seen elsewhere in the last 24 hours, as of 9:16 am on Thursday, April 18 are:Housing: Tauranga residents living in boats, vans RNZ Checkpoint Louise TernouthHousing: Waikato councillor says wastewater plant issues could hold up Sleepyhead building a massive company town Waikato Times Stephen ...
    The KakaBy Bernard Hickey
    2 days ago

  • Gordon Campbell on the public sector carnage, and misogyny as terrorism
    It’s a simple deal. We pay taxes in order to finance the social services we want and need. The carnage now occurring across the public sector though, is breaking that contract. Over 3,000 jobs have been lost so far. Many are in crucial areas like Education where the impact of ...
    Gordon CampbellBy lyndon
    2 days ago

  • Meeting the Master Baiters
    Hi,A friend had their 40th over the weekend and decided to theme it after Curb Your Enthusiasm fashion icon Susie Greene. Captured in my tiny kitchen before I left the house, I ending up evoking a mix of old lesbian and Hillary Clinton — both unintentional.Me vs Hillary ClintonIf you’re ...
    David FarrierBy David Farrier
    2 days ago

  • How extreme was the Earth's temperature in 2023
    This is a re-post from Andrew Dessler at the Climate Brink blog In 2023, the Earth reached temperature levels unprecedented in modern times. Given that, it’s reasonable to ask: What’s going on? There’s been lots of discussions by scientists about whether this is just the normal progression of global warming or if something ...
    Skeptical Science
    2 days ago

  • Backbone, revisited
    The schools are on holiday and the sun is shining in the seaside village and all day long I have been seeing bunches of bikes; Mums, Dads, teens and toddlers chattering, laughing, happy, having a bloody great time together. Cheers, AT, for the bits of lane you’ve added lately around the ...
    More Than A FeildingBy David Slack
    3 days ago

  • Ministers are not above the law
    Today in our National-led authoritarian nightmare: Shane Jones thinks Ministers should be above the law: New Zealand First MP Shane Jones is accusing the Waitangi Tribunal of over-stepping its mandate by subpoenaing a minister for its urgent hearing on the Oranga Tamariki claim. The tribunal is looking into the ...
    No Right TurnBy Idiot/Savant
    3 days ago

  • What’s the outfit you can hear going down the gurgler? Probably it’s David Parker’s Oceans Sec...
    Buzz from the Beehive Point  of Order first heard of the Oceans Secretariat in June 2021, when David Parker (remember him?) announced a multi-agency approach to protecting New Zealand’s marine ecosystems and fisheries. Parker (holding the Environment, and Oceans and Fisheries portfolios) broke the news at the annual Forest & ...
    Point of OrderBy Bob Edlin
    3 days ago

  • Will politicians let democracy die in the darkness?
    Bryce Edwards writes  – Politicians across the political spectrum are implicated in the New Zealand media’s failing health. Either through neglect or incompetent interventions, successive governments have failed to regulate, foster, and allow a healthy Fourth Estate that can adequately hold politicians and the powerful to account. ...
    Point of OrderBy poonzteam5443
    3 days ago

  • Matt Doocey doubles down on trans “healthcare”
    Citizen Science writes –  Last week saw two significant developments in the debate over the treatment of trans-identifying children and young people – the release in Britain of the final report of Dr Hilary Cass’s review into gender healthcare, and here in New Zealand, the news that the ...
    Point of OrderBy poonzteam5443
    3 days ago

  • A TikTok Prime Minister.
    One night while sleeping in my bed I had a beautiful dreamThat all the people of the world got together on the same wavelengthAnd began helping one anotherNow in this dream, universal love was the theme of the dayPeace and understanding and it happened this wayAfter such an eventful day ...
    Nick’s KƍreroBy Nick Rockel
    3 days ago

  • Texas Lessons
    This is a guest post by Oscar Simms who is a housing activist, volunteer for the Coalition for More Homes, and was the Labour Party candidate for Auckland Central at the last election. ...
    Greater AucklandBy Guest Post
    3 days ago

  • Bernard's pick 'n' mix of the news links at 6:06 am
    The top six news links I’ve seen elsewhere in the last 24 hours as of 6:06 am on Wednesday, April 17 are:Must read: Secrecy shrouds which projects might be fast-tracked RNZ Farah HancockScoop: Revealed: Luxon has seven staffers working on social media content - partly paid for by taxpayer Newshub ...
    The KakaBy Bernard Hickey
    3 days ago

  • Fighting poverty on the holiday highway
    Turning what Labour called the “holiday highway” into a four-lane expressway from Auckland to Whangarei could bring at least an economic benefit of nearly two billion a year for Northland each year. And it could help bring an end to poverty in one of New Zealand’s most deprived regions. The ...
    PolitikBy Richard Harman
    3 days ago

  • Bernard's six-stack of substacks at 6:26 pm
    Tonight’s six-stack includes: launching his substack with a bunch of his previous documentaries, including this 1992 interview with Dame Whina Cooper. and here crew give climate activists plenty to do, including this call to submit against the Fast Track Approvals bill. writes brilliantly here on his substack ...
    The KakaBy Bernard Hickey
    4 days ago

  • At a glance – Is the science settled?
    On February 14, 2023 we announced our Rebuttal Update Project. This included an ask for feedback about the added "At a glance" section in the updated basic rebuttal versions. This weekly blog post series highlights this new section of one of the updated basic rebuttal versions and serves as a ...
    Skeptical Science
    4 days ago

  • Apposite Quotations.
    How Long Is Long Enough? Gaza under Israeli bombardment, July 2014. This posting is exclusive to Bowalley Road. ...
    Bowalley Road
    4 days ago

  • What’s a life worth now?
    You're in the mall when you hear it: some kind of popping sound in the distance, kids with fireworks, maybe. But then a moment of eerie stillness is followed by more of the fireworks sound and there’s also screaming and shrieking and now here come people running for their lives.Does ...
    More Than A FeildingBy David Slack
    4 days ago

  • Howling at the Moon
    Karl du Fresne writes –  There’s a crisis in the news media and the media are blaming it on everyone except themselves. Culpability is being deflected elsewhere – mainly to the hapless Minister of Communications, Melissa Lee, and the big social media platforms that are accused of hoovering ...
    Point of OrderBy poonzteam5443
    4 days ago

  • Newshub is Dead.
    I don’t normally send out two newsletters in a day but I figured I’d say something about… the news. If two newsletters is a bit much then maybe just skip one, I don’t want to overload people. Alternatively if you’d be interested in sometimes receiving multiple, smaller updates from me, ...
    Nick’s KƍreroBy Nick Rockel
    4 days ago

  • Seymour is chuffed about cutting early-learning red tape – but we hear, too, that Jones has loose...
    Buzz from the Beehive David Seymour and Winston Peters today signalled that at least two ministers of the Crown might be in Wellington today. Seymour (as Associate Minister of Education) announced the removal of more red tape, this time to make it easier for new early learning services to be ...
    Point of OrderBy Bob Edlin
    4 days ago

  • Bryce Edwards: Will politicians let democracy die in the darkness?
    Politicians across the political spectrum are implicated in the New Zealand media’s failing health. Either through neglect or incompetent interventions, successive governments have failed to regulate, foster, and allow a healthy Fourth Estate that can adequately hold politicians and the powerful to account. Our political system is suffering from the ...
    Democracy ProjectBy bryce.edwards
    4 days ago

  • Was Hawkesby entirely wrong?
    David Farrar  writes –  The Broadcasting Standards Authority ruled: Comments by radio host Kate Hawkesby suggesting Māori and Pacific patients were being prioritised for surgery due to their ethnicity were misleading and discriminatory, the Broadcasting Standards Authority has found. It is a fact such patients are prioritised. ...
    Point of OrderBy poonzteam5443
    4 days ago

  • PRC shadow looms as the Solomons head for election
    PRC and its proxies in Solomons have been preparing for these elections for a long time. A lot of money, effort and intelligence have gone into ensuring an outcome that won’t compromise Beijing’s plans. Cleo Paskall writes – On April 17th the Solomon Islands, a country of ...
    Point of OrderBy poonzteam5443
    4 days ago

  • Climate Change: Criminal ecocide
    We are in the middle of a climate crisis. Last year was (again) the hottest year on record. NOAA has just announced another global coral bleaching event. Floods are threatening UK food security. So naturally, Shane Jones wants to make it easier to mine coal: Resources Minister Shane Jones ...
    No Right TurnBy Idiot/Savant
    4 days ago

  • Is saving one minute of a politician's time worth nearly $1 billion?
    Is speeding up the trip to and from Wellington airport by 12 minutes worth spending up more than $10 billion? Photo: Lynn Grieveson / The KākāTL;DR: The six news items that stood out to me in the last day to 8:26 am today are:The Lead: Transport Minister Simeon Brown announced ...
    The KakaBy Bernard Hickey
    4 days ago

  • Long Tunnel or Long Con?
    Yesterday it was revealed that Transport Minister had asked Waka Kotahi to look at the options for a long tunnel through Wellington. State Highway 1 (SH1) through Wellington City is heavily congested at peak times and while planning continues on the duplicate Mt Victoria Tunnel and Basin Reserve project, the ...
    Greater AucklandBy Matt L
    4 days ago

  • PM’s South East Asia mission does the business
    Prime Minister Christopher Luxon has completed a successful trip to Singapore, Thailand and the Philippines, deepening relationships and capitalising on opportunities. Mr Luxon was accompanied by a business delegation and says the choice of countries represents the priority the New Zealand Government places on South East Asia, and our relationships in ...
    BeehiveBy beehive.govt.nz
    1 hour ago

  • $41m to support clean energy in South East Asia
    New Zealand is demonstrating its commitment to reducing global greenhouse emissions, and supporting clean energy transition in South East Asia, through a contribution of NZ$41 million (US$25 million) in climate finance to the Asian Development Bank (ADB)-led Energy Transition Mechanism (ETM). Prime Minister Christopher Luxon and Climate Change Minister Simon Watts announced ...
    BeehiveBy beehive.govt.nz
    18 hours ago

  • Minister releases Fast-track stakeholder list
    The Government is today releasing a list of organisations who received letters about the Fast-track applications process, says RMA Reform Minister Chris Bishop. “Recently Ministers and agencies have received a series of OIA requests for a list of organisations to whom I wrote with information on applying to have a ...
    BeehiveBy beehive.govt.nz
    20 hours ago

  • Judicial appointments announced
    Attorney-General Judith Collins today announced the appointment of Wellington Barrister David Jonathan Boldt as a Judge of the High Court, and the Honourable Justice Matthew Palmer as a Judge of the Court of Appeal. Justice Boldt graduated with an LLB from Victoria University of Wellington in 1990, and also holds ...
    BeehiveBy beehive.govt.nz
    21 hours ago

  • Education Minister heads to major teaching summit in Singapore
    Education Minister Erica Stanford will lead the New Zealand delegation at the 2024 International Summit on the Teaching Profession (ISTP) held in Singapore. The delegation includes representatives from the Post Primary Teachers’ Association (PPTA) Te Wehengarua and the New Zealand Educational Institute (NZEI) Te Riu Roa.  The summit is co-hosted ...
    BeehiveBy beehive.govt.nz
    21 hours ago

  • Value of stopbank project proven during cyclone
    A stopbank upgrade project in Tairawhiti partly funded by the Government has increased flood resilience for around 7000ha of residential and horticultural land so far, Regional Development Minister Shane Jones says. Mr Jones today attended a dawn service in Gisborne to mark the end of the first stage of the ...
    BeehiveBy beehive.govt.nz
    22 hours ago

  • Anzac commemorations, TĂŒrkiye relationship focus of visit
    Foreign Affairs Minister Winston Peters will represent the Government at Anzac Day commemorations on the Gallipoli Peninsula next week and engage with senior representatives of the Turkish government in Istanbul.    “The Gallipoli campaign is a defining event in our history. It will be a privilege to share the occasion ...
    BeehiveBy beehive.govt.nz
    22 hours ago

  • Minister to Europe for OECD meeting, Anzac Day
    Science, Innovation and Technology and Defence Minister Judith Collins will next week attend the OECD Science and Technology Ministerial conference in Paris and Anzac Day commemorations in Belgium. “Science, innovation and technology have a major role to play in rebuilding our economy and achieving better health, environmental and social outcomes ...
    BeehiveBy beehive.govt.nz
    1 day ago

  • Comprehensive Partnership the goal for NZ and the Philippines
    Prime Minister Christopher Luxon held a bilateral meeting today with the President of the Philippines, Ferdinand Marcos Jr.  The Prime Minister was accompanied by MP Paulo Garcia, the first Filipino to be elected to a legislature outside the Philippines. During today’s meeting, Prime Minister Luxon and President Marcos Jr discussed opportunities to ...
    BeehiveBy beehive.govt.nz
    1 day ago

  • Government commits $20m to Westport flood protection
    The Government has announced that $20 million in funding will be made available to Westport to fund much needed flood protection around the town. This measure will significantly improve the resilience of the community, says Local Government Minister Simeon Brown. “The Westport community has already been allocated almost $3 million ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • Taupƍ takes pole position
    The Government is proud to support the first ever Repco Supercars Championship event in Taupƍ as up to 70,000 motorsport fans attend the Taupƍ International Motorsport Park this weekend, says Economic Development Minister Melissa Lee. “Anticipation for the ITM Taupƍ Super400 is huge, with tickets and accommodation selling out weeks ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • Cost of living support for low-income homeowners
    Local Government Minister Simeon Brown has announced an increase to the Rates Rebate Scheme, putting money back into the pockets of low-income homeowners.  “The coalition Government is committed to bringing down the cost of living for New Zealanders. That includes targeted support for those Kiwis who are doing things tough, such ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • Government backing mussel spat project
    The Coalition Government is investing in a project to boost survival rates of New Zealand mussels and grow the industry, Oceans and Fisheries Minister Shane Jones has announced. “This project seeks to increase the resilience of our mussels and significantly boost the sector’s productivity,” Mr Jones says. “The project - ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • Government focused on getting people into work
    Benefit figures released today underscore the importance of the Government’s plan to rebuild the economy and have 50,000 fewer people on Jobseeker Support, Social Development and Employment Minister Louise Upston says. “Benefit numbers are still significantly higher than when National was last in government, when there was about 70,000 fewer ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • Clean energy key driver to reducing emissions
    The Government’s commitment to doubling New Zealand’s renewable energy capacity is backed by new data showing that clean energy has helped the country reach its lowest annual gross emissions since 1999, Climate Change Minister Simon Watts says. New Zealand’s latest Greenhouse Gas Inventory (1990-2022) published today, shows gross emissions fell ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • Earthquake-prone buildings review brought forward
    The Government is bringing the earthquake-prone building review forward, with work to start immediately, and extending the deadline for remediations by four years, Building and Construction Minister Chris Penk says. “Our Government is focused on rebuilding the economy. A key part of our plan is to cut red tape that ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • Thailand and NZ to agree to Strategic Partnership
    Prime Minister Christopher Luxon and his Thai counterpart, Prime Minister Srettha Thavisin, have today agreed that New Zealand and the Kingdom of Thailand will upgrade the bilateral relationship to a Strategic Partnership by 2026. “New Zealand and Thailand have a lot to offer each other. We have a strong mutual desire to build ...
    BeehiveBy beehive.govt.nz
    3 days ago

  • Government consults on extending coastal permits for ports
    RMA Reform Minister Chris Bishop and Transport Minister Simeon Brown have today announced the Coalition Government’s intention to extend port coastal permits for a further 20 years, providing port operators with certainty to continue their operations. “The introduction of the Resource Management Act in 1991 required ports to obtain coastal ...
    BeehiveBy beehive.govt.nz
    3 days ago

  • Inflation coming down, but more work to do
    Today’s announcement that inflation is down to 4 per cent is encouraging news for Kiwis, but there is more work to be done - underlining the importance of the Government’s plan to get the economy back on track, acting Finance Minister Chris Bishop says. “Inflation is now at 4 per ...
    BeehiveBy beehive.govt.nz
    3 days ago

  • School attendance restored as a priority in health advice
    Refreshed health guidance released today will help parents and schools make informed decisions about whether their child needs to be in school, addressing one of the key issues affecting school attendance, says Associate Education Minister David Seymour. In recent years, consistently across all school terms, short-term illness or medical reasons ...
    BeehiveBy beehive.govt.nz
    3 days ago

  • Unnecessary bureaucracy cut in oceans sector
    Oceans and Fisheries Minister Shane Jones is streamlining high-level oceans management while maintaining a focus on supporting the sector’s role in the export-led recovery of the economy. “I am working to realise the untapped potential of our fishing and aquaculture sector. To achieve that we need to be smarter with ...
    BeehiveBy beehive.govt.nz
    3 days ago

  • Patterson promoting NZ’s wool sector at International Congress
    Associate Agriculture Minister Mark Patterson is speaking at the International Wool Textile Organisation Congress in Adelaide, promoting New Zealand wool, and outlining the coalition Government’s support for the revitalisation the sector.    "New Zealand’s wool exports reached $400 million in the year to 30 June 2023, and the coalition Government ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • Removing red tape to help early learners thrive
    The Government is making legislative changes to make it easier for new early learning services to be established, and for existing services to operate, Associate Education Minister David Seymour says. The changes involve repealing the network approval provisions that apply when someone wants to establish a new early learning service, ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • RMA changes to cut coal mining consent red tape
    Changes to the Resource Management Act will align consenting for coal mining to other forms of mining to reduce barriers that are holding back economic development, Resources Minister Shane Jones says. “The inconsistent treatment of coal mining compared with other extractive activities is burdensome red tape that fails to acknowledge ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • McClay reaffirms strong NZ-China trade relationship
    Trade, Agriculture and Forestry Minister Todd McClay has concluded productive discussions with ministerial counterparts in Beijing today, in support of the New Zealand-China trade and economic relationship. “My meeting with Commerce Minister Wang Wentao reaffirmed the complementary nature of the bilateral trade relationship, with our Free Trade Agreement at its ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • Prime Minister Luxon acknowledges legacy of Singapore Prime Minister Lee
    Prime Minister Christopher Luxon today paid tribute to Singapore’s outgoing Prime Minister Lee Hsien Loong.   Meeting in Singapore today immediately before Prime Minister Lee announced he was stepping down, Prime Minister Luxon warmly acknowledged his counterpart’s almost twenty years as leader, and the enduring legacy he has left for Singapore and South East ...
    BeehiveBy beehive.govt.nz
    5 days ago

  • PMs Luxon and Lee deepen Singapore-NZ ties
    Prime Minister Christopher Luxon held a bilateral meeting today with Singapore Prime Minister Lee Hsien Loong. While in Singapore as part of his visit to South East Asia this week, Prime Minister Luxon also met with Singapore President Tharman Shanmugaratnam and will meet with Deputy Prime Minister Lawrence Wong.  During today’s meeting, Prime Minister Luxon ...
    BeehiveBy beehive.govt.nz
    5 days ago

  • Antarctica New Zealand Board appointments
    Foreign Minister Winston Peters has made further appointments to the Board of Antarctica New Zealand as part of a continued effort to ensure the Scott Base Redevelopment project is delivered in a cost-effective and efficient manner.  The Minister has appointed Neville Harris as a new member of the Board. Mr ...
    BeehiveBy beehive.govt.nz
    5 days ago

  • Finance Minister travels to Washington DC
    Finance Minister Nicola Willis will travel to the United States on Tuesday to attend a meeting of the Five Finance Ministers group, with counterparts from Australia, the United States, Canada, and the United Kingdom.  “I am looking forward to meeting with our Five Finance partners on how we can work ...
    BeehiveBy beehive.govt.nz
    5 days ago

  • Pet bonds a win/win for renters and landlords
    The coalition Government has today announced purrfect and pawsitive changes to the Residential Tenancies Act to give tenants with pets greater choice when looking for a rental property, says Housing Minister Chris Bishop. “Pets are important members of many Kiwi families. It’s estimated that around 64 per cent of New ...
    BeehiveBy beehive.govt.nz
    5 days ago

  • Long Tunnel for SH1 Wellington being considered
    State Highway 1 (SH1) through Wellington City is heavily congested at peak times and while planning continues on the duplicate Mt Victoria Tunnel and Basin Reserve project, the Government has also asked NZ Transport Agency (NZTA) to consider and provide advice on a Long Tunnel option, Transport Minister Simeon Brown ...
    BeehiveBy beehive.govt.nz
    5 days ago

  • New Zealand condemns Iranian strikes
    Prime Minister Christopher Luxon and Foreign Minister Winston Peters have condemned Iran’s shocking and illegal strikes against Israel.    “These attacks are a major challenge to peace and stability in a region already under enormous pressure," Mr Luxon says.    "We are deeply concerned that miscalculation on any side could ...
    BeehiveBy beehive.govt.nz
    5 days ago

  • Huge interest in Government’s infrastructure plans
    Hundreds of people in little over a week have turned out in Northland to hear Regional Development Minister Shane Jones speak about plans for boosting the regional economy through infrastructure. About 200 people from the infrastructure and associated sectors attended an event headlined by Mr Jones in Whangarei today. Last ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Health Minister thanks outgoing Health New Zealand Chair
    Health Minister Dr Shane Reti has today thanked outgoing Health New Zealand – Te Whatu Ora Chair Dame Karen Poutasi for her service on the Board.   “Dame Karen tendered her resignation as Chair and as a member of the Board today,” says Dr Reti.  “I have asked her to ...
    BeehiveBy beehive.govt.nz
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  • Roads of National Significance planning underway
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