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MRP sale fail numbers

Written By: - Date published: 6:03 am, May 9th, 2013 - 192 comments
Categories: john key, national, Privatisation - Tags: , , ,

Here are the numbers that sum up the MRP sale fail:

113,000 Kiwis actually bought shares. But the government spent between $100 Million and $300 Million on the process ($100 Million to a single Australian bank alone). Let’s be generous to the Nats and call it $1,000 spent per Kiwi investor. What a criminal waste.

113,000 Kiwis actually bought shares. But Treasury predicted and prepared for up to 250,000. In other words – fewer than half the investors they expected showed up.

113,000 Kiwis actually bought shares. But that’s less than 3% of the population. So much for “Mum and Dad” investors.

113,000 Kiwis actually bought shares. But the sell off of Contact Energy in 1999 attracted more than 225,000. Kiwis are obviously wising up.

113,000 Kiwis actually bought shares. But that’s less than a quarter of the 440,000 who registered an interest (by John Key’s “logic” 75% of pre-registrations were fraudulent and the whole process is a rort).

113,000 Kiwis actually bought shares. But there are 292,000 valid signatures (with more to come) on the petition calling for a referendum – almost three times as many opposed to the sales as actually bought in.

The 113,000 bought an average of $8,200 in shares. The typical family has less than $2,000 in the bank. Does that sound like ‘mum and dad’ investors to you?

The MRP sale has probably soaked up much of the interest and spare cash from those likely to buy, making it likely that the uptake from future sales will get progressively worse. Hey Nats – take the hint and quit now. The assets are ours already – they are not yours to sell…

192 comments on “MRP sale fail numbers”

  1. Maui 1

    This looks like a defeat for John Key.

    What happened to the salesperson from Merrill ?

    What would happen if these results are extrapolated to the next election ?

    Has the sparkle gone ?

    These are all valid questions for the media and others to ponder.

    • Tom Gould 1.1

      Don’t hold your breath waiting for the ‘big chooks’ to ask such questions, with the likes of Dann and Gower running around like they work for Key’s 9th floor PR department. Mind you, at least Gower comes up with his own lines, whereas Dann simply parrots those given him by his political masters.

      For example, he even went as far, last evening on the 6 o’clock news, to describe the GCSB legislation as a “dog’s breakfast”. Not sure what is so unclear about the following excerpt from the Act to deserve that description?

      “Neither the Director, nor an employee of the Bureau, nor a person acting on behalf of the Bureau may authorise or take any action for the purpose of intercepting the communications of a person (not being a foreign organisation or a foreign person) who is a New Zealand citizen or a permanent resident.”

      Unless you are Johnny Sparkles and it suits your political purposes to describe it as such, and to have the political editor of the primary daily news show repeat it as fact. And they call it journalism?

      Perhaps it is time for a register of pecuniary interests for the gallery?

    • David H 1.2

      And now what is needed is all those who opposed the sale, and are MRP customers, to change companies, now that would send a real message to the thieves.

  2. Rich the other 2

    Looks like the green/labour tactics have worked and deflated the share price .
    The actual effect has been to rob ordinary hard working taxpaying NZers of their wrightful return on the asset that was sold on there behalf.
    Lets hope green/labour stay out of the next sale and a good price is achieved.
    At least its1.8 BILLION we don’t have to borrow and we still own 51%.

    • Paul 2.1

      You must be be gullible if you repeat all that government spin.

    • Why are all the wingnuts that show up here unable to spell?

      It robs their comments of all moral force and makes you think that they are 12 year olds …

      • Richard 2.2.1

        “Wrightful return…”
        Was John Wright planning a comeback?

      • Rich 2.2.2

        They *are* 12 year olds, in mental age at least. Oh for a tory-free liberal-left site…

        • Rob 2.2.2.1

          Yes , lets herd them all together and brand them so we can identify them for later abuse , eh Rich.

      • rob 2.2.3

        If they could spell or write grammatically they would be able to think for themselves
        This would enable them to show a little insight and question our current
        orthodoxy
        That would make life very hard wouldn’t it?

    • BM 2.3

      Yep, thanks labour/greens.
      Scoring political points is so much more important than the country getting a good return off the partial asset sales.
      Anyway It’s only money, you can just print some more or raise taxes.

      • One Anonymous Knucklehead 2.3.1

        I vote that we return our property to its rightful owners without compensation: enough is enough. It’s time to get tough on Tory maggots.

      • framu 2.3.2

        it was never a good return – even treasury thinks it was going to cost us in the long term

      • freedom 2.3.3

        How is some central private bank pulling notes out of thin air and charging us interest on it better for us, rather than doing it for ourselves at no interest?

        • BM 2.3.3.1

          Because that’s the way the system works.
          If everyone decided to do it their own way it would be anarchy, the world economy would collapse.

          • freedom 2.3.3.1.1

            You poor mindwarped shadow of a human being, you really are lost to reality aren’t you?

          • Draco T Bastard 2.3.3.1.2

            Because that’s the way the system works.

            Except that it doesn’t – work that is as the GFC conclusively proved.

            If everyone decided to do it their own way it would be anarchy, the world economy would collapse.

            From where I’m sitting, that wouldn’t be a bad thing as the world economy has been designed by the rich to benefit the rich leaving everyone else worse off.

    • One Anonymous Knucklehead 2.4

      2.9% of the population. Are the rest of this tiny minority of money-grubbing maggots as illiterate as you are?

    • Te Reo Putake 2.5

      It wasn’t sold on my behalf and I will get no benefit from the money paid. It will continue to be soaked up by tax cuts for the rich and corporate welfare for, er, the rich. We’ve been robbed.

      • Chrissy 2.5.1

        Exactly! And not by Robin Hood. We won’t be seeing any monetary gains that they get going to the poor.

        • David H 2.5.1.1

          And whats this ‘Future Fund’ it’s going into?? More like a Filcher Fund.

      • Draco T Bastard 2.5.2

        +1111

        That’s it exactly and that’s why those shares need to be returned with no compensation.

    • Ennui 2.6

      to rob ordinary hard working taxpaying NZers of their wrightful return wtf did the “w”in rightful come from…I digress.

      The rightful return to tax paying NZers is already there, we collectively own this. Cant idiots like yourself get the mindbogglingly simple concept that “hard working NZers” include those who dont earn enough to purchase what they already own. Those who can afford are being invited to profit more from “rent” at the expense of hard working NZers.

      Those people buying shares are self interested parasitic scum, robbing ordinary NZers.

      • Tim 2.6.1

        I reckon it’s partly because the word “state” is something they see as not their own. They don’t understand that that state ownership=public (i.e. you&me) ownership.

        That was always part of that neolib ideology going back to the 80s – the othering of the state.

        “State” is a dirty word. The programme was necessarily to associate ‘state’ with any form of totalitarianism that was going.
        I well remember when we had the likes of Ralston referring to TVNZ as “State TV”.

        We should be referring to SOEs as POEs or even NOEs (Nation owned enterprises)

        • Ennui 2.6.1.1

          Concept of the state Tim, thats very valid…its the enemy.

          • Tim 2.6.1.1.1

            In a similar vein, just imagine if the GCSB were called the STATE Communications Security Bureau (which is of course is about to become a misnomer under current legislation). It’ll be more correct to name it the “NZ Communications Interception Executive”

            • Ennui 2.6.1.1.1.1

              True, interestingly the “state” bit does not matter for the new improved GCSB….their role is all about protecting “property rights” of offshore corporations under the “free trade” agreements our corporatist governments (of both left and right) have signed up to.

    • framu 2.7

      bullshit with a side order of extra bullshit

      something like 1% actually pulled out after the policy was announced
      the share price is still high
      there was no evidence that all the people who expressed interest were real.

      This was always going to pan out this way – and doesnt the fact that you could express interest without having to prove you were real tell you something here?
      The nats all know its an unpopular policy. The lax sign up system was a deliberate ploy to inflate the reported interest numbers – both to influence opinion leading up to the sale to counter the petition reporting – and as a stick to beat labour with when the final numbers came out.

      If NZ power wasnt announced we would now be hearing that it was the fault of labour and the greens using tax payer $ to scare off investors via the petition.

    • Egalitarian 2.8

      @Rich the other, I thought National like to promote themselves as the party of ‘self responsibility’? Now that the sales process has failed dismally rather than blaming Labour/Greens should the government not (paraphrasing John Keys comments a few days ago) ‘apologise to New Zealanders and pay back the money’?

      Blaming Labour/Greens for this is shameful and cowardly. National knew it was selling these assets against the will of the majority of New Zealanders. They knew they were willfully doing this before the referendum which they publicly said they would ignore anyway. It does not take a genius to work out that if you implement unpopular policies in a democracy that when the opposition next take office they may reverse it.

      I don’t just want Mighty River Power back. I want the $100 million plus back from National and their Bank and PR firm buddies. This wealth transfer reeks of the rich lining the pockets of the rich at the expense of everyday New Zealanders.

      *PS – Don’t quote me but it was my understanding that National had the option to cancel the sale if it failed to attract a good return/sufficient investors???? The fact that they choose to go ahead and even hail it as a success suggests that they don’t see it as a failure caused by Labour/Greens. In fact if they think that spending $100 million of Tax Payer money to transfer this wealth from 97.5% of us to 2.5% of us is a success it leaves no illusions about what their intentions were.

      • Rich the other 2.8.1

        Your in denial,
        Election pledge , stage one completed.
        What would voters say if they hadn’t honoured one of there mainstay policies from the last election ?.

        • Egalitarian 2.8.1.1

          I know what I hope voters say now that the HAVE honoured one of their mainstay policies!

        • framu 2.8.1.2

          what would voters say?

          “thanks for listening to us”

          • Egalitarian 2.8.1.2.1

            @framu That might be what the 35.7% of registered voters who actively gave their party vote to National, ACT & United Future in the 2011 election ‘might’ say*.

            Remember only 2.5% of New Zealanders signed up for these shares so even if you translate this into registered National voters you will see that very few National voters took the offer up.

            What National need to fear like the devil himself is the 38.5% of people who actively cast their party vote against them in the last election and the 25.8% who didn’t vote at all. I don’t feel sorry for those who didn’t vote, but it was a historically low turn out and National can’t count on that next time. Yes many of these may have been National voters but international data suggests that it is more often than not the young and economically disadvantaged who are more likely not to vote. The very group who have been the most impacted by this blatant transfer of wealth to the rich.

            If these people take umbrage to National lining the pockets of the Banks, Share Brokers, PR firms with Tax Payer money and selling these valuable assets out from under 97.5% of us then the election of 2014 may show National what kind of ‘mandate’ they really have.

            *These are the figures I have used as the basis of the figures above. I’m no statistician, correct me if I am wrong.

            Source: http://www.electionresults.org.nz – 2011 Election

            Registered Voters: 3,070,847
            Total Party Votes Cast: 2,257,989
            National, ACT & United Future Party Votes: 1,095,968 (Nat 1,058,636, ACT 23,889, UNF 13,443) = 35.7%
            Party Votes for Parties Opposing Asset Sales: 1,183,021 (2,278,989 – 1,095,968) = 38.5%
            Non Voters: 791,858 (3070847 – 2278989) = 25.8%

            • framu 2.8.1.2.1.1

              yep – i was more meaning that many voted national YET were opposed to sales
              The thinking that they liked most of what the nats proposed, but thought they would back down on sales

        • Shaz 2.8.1.3

          The policy of a government whose majority was effected only by gaming the voting system (in Epsom) standing a long-standing National Party member under the name of another party supported by a man whose party (United Future) said that it was against asset sales.

        • One Anonymous Knucklehead 2.8.1.4

          What RtO is saying is that he provided a service to the National Party and in exchange they promised him our stuff.

      • David H 2.8.2

        So if you tack in what they have spent on the theft of this asset, they only got about 1.35 Billion. A hell of a lot less than the 1.7 they are crowing about.

    • Draco T Bastard 2.9

      The actual effect has been to rob ordinary hard working taxpaying NZers of their wrightful return on the asset that was sold on there behalf.

      The sale is what’s robbing most of us of our rightful return from owning these assets. That return will now go to 113,000 parasites.

    • Macro 2.10

      Did you know “Rich” if you say “Gull i ble” really slowly it sounds like “banana”!

    • mikesh 2.11

      It was the government who sold thee MRP shares. They didn’t actually have to sell, so if anybody “robbed ordinary taxpayers of their wrightful (sic) return” it was the government.

    • Matt 2.12

      “Looks like the green/labour tactics have worked and deflated the share price .”

      Huh? Maybe it just means the banksters and 1% paid less for their stakes. JK and his ilk should be celebrating.

  3. Lanthanide 3

    113,000 Kiwis actually bought shares. But there are 292,000 valid signatures (with more to come) on the petition calling for a referendum – almost three times as many opposed to the sales as actually bought in.

    Once again, this is not true. Signing up to hold a petition does not mean you oppose the asset sales. It means you support a referendum on the topic. That’s it.

    • Te Reo Putake 3.1

      You are technically correct, Lanth, but my experience was the majority of signers were opposed to the sale. I only had 3 or 4 people who said ‘I voted National, but …’ And good on them for putting the country first, but they were certainly in the minority.

      • Lanthanide 3.1.1

        Of course, but that doesn’t mean we should go around blindly saying such obvious untruths. All it needs is a realistic temper: “But there are 292,000 valid signatures, the majority of whom would oppose asset sales…”.

        Otherwise we’re no better than National, who are claiming that everyone that voted for them supported asset sales.

        • Rob 3.1.1.1

          Also , families (or collective entities) have purchased one share package , as opposed to all individuals of age being able to sign the petition, so I wouldn’t use that one any more either.

  4. Appleboy 4

    4.4 million people in NZ.

    NZ Stats shows about 25% are children.

    That leaves 3.3 million adults

    113,000 bought shares.

    The government gives a commission higher to brokers selling off shore.

    What a sham. The public have been conned.

    I bet within these figures there’s a significant figures of actual ‘mum and dads’ with a few thousand only, but the vast amount will have gone to the super rich, Key’s real target.

    • Draco T Bastard 4.1

      I bet within these figures there’s a significant figures of actual ‘mum and dads’ with a few thousand only, but the vast amount will have gone to the super rich, Key’s real target.

      Exactly what I was thinking.

    • freedom 4.2

      (roughly speaking)

      113K bought shares
      Nat voters = 1.2 m
      so taking the extreme view that only National voters bought shares:

      Only 10% of National voters bought shares
      so 90% of National voters were against the sale?

      and this is only the first sale . . .
      how can those numbers possibly improve ?

      This con gets worse by the minute

  5. Ross 5

    It’s strange that there is scaling. Tony Ryall reckons scaling is necessary because of the high demand. That is bogus because Treasury predicted a much higher rate of take-up. So, despite the low number of buyers, some are not going to get what they asked for.

    • freedom 5.1

      They started at the top of the table I bet, carving the meat generously. Once all the fat orders were filled, a few scraps that had been put aside were dutifully tossed to feed the 2K guarantee and what was left is the soup bone, shared amongst all the hungry mum’s and dad’s.

    • Foreign Waka 5.2

      I think they all will get what they are asked for – the government was counting on a lot more money then they got out of it. It will be interesting whether the 15% ceiling of foreign hold shares can be held and controlled- all eyes on that I presume.

  6. ak 6

    The unbelievable gall and arrogance of the Arrant Gilmore Party.

    Take $300mill off hard-working taxpayers to persuade them to give what they already own to the richest 3% and foreign fatcats who will then continue to pocket more out of every power bill from now on.

    Call anyone who raises objections a mass murderer and spy on them at will.

    Sad, sad day. Don’t rush home kids, the dying farce aint over yet.

    • Rich the other 6.1

      The govt needs a kick up the ar?.
      If your figure of $300 mill is correct ,they could have gotten much better value from it ,they could have sold it all for the same price.

  7. Te Reo Putake 7

    Barely a mention of the share sale on the online front page of either Stuff or the Herald. Underwhelming could be the word of the day.

    • Rich the other 7.1

      A dead issue ,
      it’s what voters voted for.
      Labours biggest issue at the last election , they got hammered.

      • Te Reo Putake 7.1.1

        It’s what the minority of voters voted for. And, as mentioned elsewhere, a percentage of Tory voters don’t support the sales anyway. A biggish percentage, actually, if the failure to get buy in yesterday proves anything.

      • One Anonymous Knucklehead 7.1.2

        A dead issue? You think a tiny 2.9% minority of scum can shit on the rest of us and there won’t be consequences?

        You’re delusional.

      • framu 7.1.3

        “it’s what voters voted for.”

        really? how does that then match with every poll ever taken by anyone shows a consistant 70-80% opposed to assets sales?

        The two dont equate, and they never will – so could people have voted nats for a variety of reasons?

        • infused 7.1.3.1

          It doesn’t matter. I don’t know how you guys are so thick. National campaigned on selling assets, Labour did the opposite. National won.

          Forget the polls, that’s the cold, hard truth.

          • framu 7.1.3.1.1

            so how do you explain the disconnect?

            like ive said (and many others have said before me) elections arent single issue decisions

            we dont know why anyone picks a particular party and we never can

            your the one being thick in insisting that every vote had asset sales as the core decision

          • lprent 7.1.3.1.2

            If National were confident that was the case, then I’d see them backing a referendum on that one point.

            So looking at the enthusiasm of National MP’s and supported for the referendum….. Duh! They appear to be missing.

            It was one of National’s policies like it was one of Labour’s to oppose it. Apart from morons, people never vote on a single issue. They vote on a package.

            And at best you can say that something like a quarter of the population voted for National’s package, and about a third of the voters. Hardly any kind of a mandate because most people didn’t vote for either the package or the policy. So they get opposition. That is what the nature of democracy is about.

            From what I have seen recently, there are a lot of right wingers whining about a policy. If Labour/Greens get government next election and implement it (as I suspect they will do), I presume that you’re going to be your usual inconsistent self, and will whine that they don’t have a mandate? I bet you do.

            You really are kind of stupid. But I guess that is just the nature of the right. Self-interested, self-involved, and kind of dumb when it comes to thinking about anyone else apart from themselves.

          • Foreign Waka 7.1.3.1.3

            Not quite, Labour was unfortunately in the process of changing leader and defining itself again. Because of that they were too slow off the bat to get a coherent response together. The Greens had not yet done any homework either. So be the time some opposition was voiced, the election was way over. Of cause National knew this and build their campaign on that tread. It was clever, but also deceitful on many levels. It also showed the true character of the main party members – and it ain’t pretty.

      • Hayden 7.1.4

        it’s what voters voted for.

        Unfounded assertion. It might have been Labour’s biggest issue, but unless they have some sort of mind control device it doesn’t make it the biggest issue for voters.

        they got hammered

        Parties other than Nat/UF/ACT actually got a majority. NZ almost never votes out a first-term government, so 47% with none of its coalition partners making the 5% threshold isn’t that impressive.

        And in 2002 (which is the most valid comparison, being National’s last election as a first-term opposition) the nation voted for Bill English to fuck off, (21%, anyone?) yet here he is still stinking up the joint.

  8. vto 8

    So more people don’t want to sell than people want to buy.

    About 3,900,000 people now don’t own MRP as it was. That is slack. I thought Key said one of the purposes was to increase NZ ownership, but in fact the obvious was always gong to happen and now has. Less kiwis now own MRP.

    Talk about shit for brains.

  9. Nick K 9

    Invested $100 million which returned $1.8 Billion. That’s impressive.

    • Hayden 9.1

      What’s more impressive is that at 8.22 am you’ve made what is probably the stupidest comment of the day.

      • Nick K 9.1.1

        It’s the truth. Does that hurt you? They spent $100million and got $1.8 Billion from the sale for schools and hospitals. Why do you hate money being spent on children and sick people?

        • framu 9.1.1.1

          how much dividend (over time) have the also lost Nick? – your maths is sub par

          • Nick K 9.1.1.1.1

            That’s hypothetical as it is subject to many many variables. No one knows the answer to that. But I do know that the Crown account today is better off to the tune of $1.7 Billion.

            • framu 9.1.1.1.1.1

              but you cant leave it out, it still part of the equation isnt it – i hope you dont do the household budget

            • thatguynz 9.1.1.1.1.2

              You complete twat.. The asset side of the govt balance sheet has also diminished by somewhere in the vicinity of $1.7B… The dividend is also not a hypothetical – future dividends may be but the historical dividends are in fact very real and very quantifiable..

              Accountancy 101…

            • freedom 9.1.1.1.1.3

              great to hear Nick, so our international liabilities are only 150 billion dollars !
              what are we all so worried about

        • Te Reo Putake 9.1.1.2

          It’s not going to be spent on the sick and the young it’s going to be wasted on the rich. Wake up, fool.

          • BM 9.1.1.2.1

            More cake and caviar for me, Bwhahahahahahahaha.
            None for you though.

            • felix 9.1.1.2.1.1

              You’re breaking character BM. Maybe time to focus on one of your other handles and give this one a rest, eh?

              • freedom

                he certainly performs better in the tweed
                dinner jackets just don’t suit his lumbar curl
                I think it’s the way his cuffs catch the undergrowth

        • Hayden 9.1.1.3

          They’ve sold $1.8 billion worth of assets (more or less, who would know?) for $1.8 billion (what happened to $1.7b as of yesterday) and paid $100 million for the pleasure. They haven’t “invested” shit. It’s as if I’ve “invested” $59 to sell a $40k caravan on TradeMe and claimed that the $40k is a return on the original investment, when in reality my nett position hasn’t changed.

          • Hayden 9.1.1.3.1

            And by the way, if it is $1.8 billion for $100 million in fees, that’s 5.56% (rounded) of the value of the shares spent selling them.

            Put another way, it’s $110 per $2000 block. You could have put each $2000 block on TradeMe, and paid $89 ($79.50 + 1.9% of amount over $1500). And yes, I know that’s a silly comparison.

        • Draco T Bastard 9.1.1.4

          Money that could easily have been spent if the government hadn’t given tax cuts to the rich while leaving us with our assets.

        • Foreign Waka 9.1.1.5

          Nick, firstly the assets belong to all NZlanders. If it had to be sold, every taxpayer should have at least a number of shares assigned. Now that would have been fair and reasonable. Imagine, it would have been a win win. Still can if so few have taken up the offer. To keep the cap of 15% on foreign ownership, then this would be a prudent way that benefits all.

      • lprent 9.1.2

        He is talented that way..

  10. Winston Smith 10

    So as of this moment National have:

    Secured 86% NZ owned
    1.8 billion in extra cash
    Still getting dividends

    Whereas Greens/Labour (and yeah that is the correct order)

    Would have 100% NZ owned
    No extra cash
    No dividends
    $6 a month savings on power bills

    Points decision to National on this one

    • Hayden 10.1

      Still getting dividends

      Well, 51% of dividends.

      No dividends

      Not true, probably lowered, but certainly not zero.

      $6 a month savings on power bills

      In the first year. Power companies seem to add a cent or so to each unit every year with little justification, extrapolate 10 years and it will be a lot more (assuming generation and transmission costs aren’t increasing 5% per annum).

      • felix 10.1.1

        Nope, that’s $6 a week in the first year. Never trust trool numbers.

      • Winston Smith 10.1.2

        Thats why I think its a points decision as opposed to a knockout. Still its not a bad decision overall for NZ.

        A win-win in other words

        • Draco T Bastard 10.1.2.1

          No, it’s a win – loss. A win for rich people and a loss for everyone else.

          • Enough is Enough 10.1.2.1.1

            Exactly Draco, a win for National and their backers.

            A loss for the rest of us!!!

            • Rob 10.1.2.1.1.1

              How exactly are you affected by this, please explain?

              • Draco T Bastard

                Upwards redistribution

                Although I doubt if you’ll understand it the reality is that 97% of NZers just got poorer so that a few thousand bludgers can get richer.

                • Rob

                  Mate you point me to some other blog. How have I got poorer as my family are certainly in a 97 percentile of this population.

                  • freedom

                    49% of the dividends no longer go to our nation’s coffers you fool

                    • Rob

                      Freedom, obviously your need to insult people is due to your anger. Try and control it , as most people have recognised that angry people calling other people fools are just telegraphing their own intelligence level.

                  • Draco T Bastard

                    This government has just sold our assets that were making a return to us for less than they were worth (That’s they only way such assets can be sold BTW as they’re too expensive for private owners to pay for them). On top of that we lose the return and we lose the ability to govern ourselves (that latter is what happens as we become ever more serfs to the ownership class).

                    So, yep, you just got poorer courtesy of this government.

                  • freedom

                    dear Rob,
                    damn right I am angry, want the list?

                    but get real mate, calling someone a fool is indicitive of nothing
                    other than suggesting that someone is a fool

                    49% of hundreds of millions of dollars every year, year after year, gone.
                    does that compute?

    • framu 10.2

      “Secured 86% NZ owned”

      no, theyve reduced ownerhip from 100% to 86% and theyve halved the dividend

      with an expected and deepening loss as time goes on

      • Hayden 10.2.1

        Plus that 86% isn’t guaranteed beyond the first minute the shares are on the open market.

      • Winston Smith 10.2.2

        Labour were prepared to have no dividend payouts so halved payouts is better than none.

        • framu 10.2.2.1

          doesnt make you claim any more truthy though winston.

          where did labour say they wanted no dividend? – reduced dividend – of course. But the plan was to reduce profit, not remove it. Whose the shareholder in SOEs again?

          also the expected and deepening loss as time goes on is going to really bite. Potentially ending up at even worse reductions in revenue than NZ power would have incurred

        • Draco T Bastard 10.2.2.2

          And I still say that power should be run as a government service rather than a profit making enterprise. It would cost us less and be more responsive.

      • infused 10.2.3

        As opposed to Labours option of virtually 0 dividend. Because that’s not important.

    • felix 10.3

      Hi Winston. How did you come up with “$6 a month savings”?

      Everyone else is talking about $25 a month or so for an average household.

      • Hayden 10.3.1

        And I quoted it without noticing… :(

      • Nick K 10.3.2

        $25 a month! Man….that’s…..$300 a year!! Or, .82c a day. Flippin hell – 82c. I’m voting Green!

        • One Anonymous Knucklehead 10.3.2.1

          How lucky for you that it means so little to you. That’s all it is by the way: luck. You probably delude yourself that riches are related to merit, or intelligence, or hard work, but if that were the case nurses and academics would all be rich instead of maggots like you.

          • Nick K 10.3.2.1.1

            Maggot? Nice to see you’ve lost the argument already and have reverted to name-calling.

            • One Anonymous Knucklehead 10.3.2.1.1.1

              What “argument”? You haven’t articulated one – just a bunch of empty rhetoric. No wonder they say stupidity predicts for conservatism.

          • donmcdazzle 10.3.2.1.2

            Are you being serious? So nurses and academics (of all people why the hell would you choose academics) should be at the top of the pile? What do you put that down to?

            ‘Academics’ are so undeserving it isn’t funny. Reading books and coming up with theories is something almost anybody could do, but unfortunately we are out producing things to contribute. ‘Academics’ contribute nothing other than idealistic theories.

            Nurses do a great and admirable job. Unfortunately they don’t create any profit for anyone so value isn’t placed on them.. that is something I agree is an issue. Highest pay goes to the people who create the most profit. In some cases this is down to luck, in an equal number of cases it is down to hard work and merit. Nepotism does exist but so does a meritocracy. In a bank trading dept for example it doesn’t matter who your dad is just how much money you make the bank, so I strongly disagree with your luck theory.

            I do however agree with the issue of pretty important jobs like nurses or carers not being valued because they don’t create profit.. How do we remedy that though? It certainly isn’t getting angry at the people who do create profit. And academics don’t belong in the same group.

            • framu 10.3.2.1.2.1

              “‘Academics’ are so undeserving it isn’t funny”

              go off and stand in the corner with the other anti-intellectuals

              that you think academics have nothing to offer is a bit sad – the results of academic pursuits arent as easily visible – but they play a vital part in developing our society in the long term (scientifically, culturally, politically and economically

              • donmcdazzle

                “Anti-intellectuals” – what does that even mean? I’m not against people being intellectuals at all and agree that academic pursuits are hugely beneficial. Maybe I should clarify my meaning, I did word it rather poorly. I’m meaning ‘academics’ in the sense of the types who read books, write theses and theories on the issues of society etc.. not scientists or the like actually working on tangible things.

                If you can give me examples of tangible things ‘academics’ (as I have framed them, you may well have a different interpretation of what that word means to you) have done to further society in a meaningful way then I will happily accept it and change my position on the matter. I am of the opinion that these types don’t contribute much at all, and we would be far better off if they used their intellect in a more meaningful manner.

                • ghostrider888

                  really

                • One Anonymous Knucklehead

                  Academics provide an example of how intelligence doesn’t lead to riches. Nurses demonstrate that it isn’t hard work or merit either.

                  I note that you are expressing your opinion on a computer that would not exist without academia. Perhaps you think DNA was discovered by an investment banker or something.

                  Oh, I see, you just don’t like the types who read books, write theses and theories on the issues of society

                  Like Charles Darwin for example.

                  • ghostrider888

                    just sigh, shake your head and rattle on OAKY, that’s what I do with commercials.

                  • donmcdazzle

                    You’re missing my meaning. You are trying to tell me that the discoverer of DNA or the inventor of the computer wasn’t financially well off? I’d say that they very much would be. I thought you were talking about the BA in women’s studies type ‘academics’ who wouldn’t be rich at all, and my point was that they don’t deserve to be as they don’t add anything of value. Charles Darwin was certainly wealthy, so obviously isn’t the sort of academic you were referring to in the first place.

                    Nurses do a great and admirable job, but they don’t necesarrily work any harder than any other profession. It isn’t hard to become a nurse so how much of a meritocracy is the profession?

                    • framu

                      i think your extremely confused about a great many things here.

                      its not meant as an insult – its just a lot of your terminology is a bit jumbled so its hard to make much sense of what your getting at.

                      eg: of course darwin was wealthy – but thats not a very good example of a modern day academic, and his wealth has little bearing on his academic contributions

                      also – people doing their BA arent really academics – theyre more at the beginning of their journey to becoming an academic. Every great phd or what have you was doing a BA at some point

                      “Anti-intellectuals” – what does that even mean”
                      Anti-intellectualism is hostility towards and mistrust of intellect, intellectuals, and intellectual pursuits, usually expressed as the derision of education, philosophy, literature, art, and science, as impractical and contemptible.

                    • One Anonymous Knucklehead

                      Oh, so what you meant was you don’t like the sort of academics you are prejudiced against, with a side order of thinly veiled misogyny, and you’d like to nitpick rather than acknowledge that wealth is delivered by chance, not hard work or intelligence or merit.

                      So your crowing about the lack of value (to you) of $25 reveals little other than the boasts of a boorish self-aggrandising braggart.

                    • donmcdazzle

                      No not at all. I was referring to your post about academics not being financially rewarded. My point is that those academics who aren’t financially well off do not deserve to be. The ones who do valid things for society (like the ones you mentioned – discoverer of DNA, inventor of the computer) would indeed by well paid and I agree they should be. I’m asking for you to please tell me why those who aren’t financially valued deserve to be?

                      Like I mentioned, wealth is not delivered by chance in all cases. My father left school at 14 to work as he had 8 younger siblings he needed to help his parents support. He did manual labour most of his life, saved, made good decisions, invested wisely and is now pretty well off and owns his own business. Is that luck or hard work? The great thing about NZ is the ability to make something of yourself no matter your background (as my father has done). Some may have to work harder and go further than others sure, but it is very possible. I guess it is easier to give up and say it is too hard, and that those who have made something of themselves are just lucky.

                    • One Anonymous Knucklehead

                      It’s luck, since (as has already been pointed out to you why do we need to go over this again? Are you a bit cognitively challenged or something?) plenty of people work hard but are not similarly fortunate.

                      Please note that there’s nothing wrong with getting lucky, but there’s nothing admirable about it either.

                      Your opinion of academics is worthless. Who the fuck do you think you are trying to define validity?

            • Murray Olsen 10.3.2.1.2.2

              Get off the internet that was made by academics. Throw away your computer that was invented by academics. Get a merchant banker to design you a new one. Bye.

        • Hayden 10.3.2.2

          That could be running a 2kW heater for 2 extra hours a day, which would probably make a difference to some people. Not you apparently, which is nice.

          • freedom 10.3.2.2.1

            i miss my heater,
            i miss being warm
            i miss being employed,
            i miss having an income,
            i miss being treated as a person

        • felix 10.3.2.3

          For most people, 25 bucks off a powerbill is significant. Your comment only shows how out of touch you are.

          • Rob 10.3.2.3.1

            Yes just like $25 off a tax bill.

            • Colonial Viper 10.3.2.3.1.1

              Silly billy, you might save $25 off your tax bill, but then your kids end up with $25 less health care and education.

              • McFlock

                Actually, you lose more than $25 in healthcare and education. More customers in the private sector boosts the price and also limits economies of scale.

                That’s why dentists are so cheap these days /sarc

      • Winston Smith 10.3.3

        My bad, I meant $6 a week.

    • Egalitarian 10.4

      @Winston Smith “So as of this moment National have” – I love the way you prefaced your comment with the caveat “as of this moment”. It suggests you are well aware of what has historically happened to NZ ownership of privatised shares over the long term.

  11. jcuknz 11

    I pulled out because I prefered not to gamble and the return on shares when you consider the price paid for them is not that wonderful in most cases. If I was going to get the shares at face value it might have been worth the gamble but at <40% sorry no thanks. Then there was the hairbrained GreLab idea of saving consumers money to add to my doubts.

  12. Santi 12

    I’m voting for Norman, I mean Shearer, I mean Robertson.

    • BM 12.1

      Actually, you’re voting Little.
      If by some miracle, Greenbour manages to get over the line at the next election, expect to see Shearer get Bolgered within the year and replaced by Little.

      • Te Reo Putake 12.1.1

        As far as I can tell, that’d be fine by just about everyone here, BM. Do try and keep up.

    • felix 12.2

      The irony is that even though you’re being facetious and funny, when you vote Key in 2014 you actually have no idea who will take his place come 2015.

      National are way better at keeping the lid on though, I’ll give you that.

      • Te Reo Putake 12.2.1

        If there is an opportunity to vote for Key in 2014! I’d say a snap election this year or Key’s resignation in the face of a humiliating defeat are just as likely possibilities.

      • BM 12.2.2

        Yes I do, it will be Judith Collins.
        NZ’s version of Maggie Thatcher, she will build on the great economic platform created by Key propelling NZ to even greater heights.
        She will also launch a successful assault on Norfolk island bringing the island under the NZ banner, where it rightfully belongs.

        • framu 12.2.2.1

          best joke of the day that. – oh wait…. your being serious arent you

        • thatguynz 12.2.2.2

          I’d suggest a change of medication. It would seem the synthetic marijuana doesn’t agree with you. I can’t actually pick out which part of your comment is the most ridiculous…

        • ghostrider888 12.2.2.3

          pit cairn

      • Rob 12.2.3

        Just like what happened with people who voted for Goff. Wonder if any of them even thought they were going to end up with Shearer.

        • felix 12.2.3.1

          Eh? If Labour had formed a govt, Goff would still be leading now.

          It’s a given that Key is out of here if he loses – he said so himself. I’m saying they’ll pull the old switcheroo if he wins.

  13. Hayden 13

    I predict there’s going to be a lot of “schools and hospitals! SCHOOLS AND HOSPITALS!” today, which apparently is the new spin line. Perhaps we should be asking, “Which schools? And which hospitals?”. I mean, obviously this plan is so well thought-out that these facts should be readily available. And if they mean charter schools, they can just fuck right off.

    We might as well be hearing “puppies and rainbows… Why do you hate PUPPIES AND RAINBOWS?!”

    • framu 13.1

      well rainbows ARE gay :-)

    • Foreign Waka 13.2

      Is that the same hospital where a 82 year old was waiting with a bleeding bladder for 7 or more hours only to be taken home by his kin without treatment? I can see what the next savings platform will be, kill all the old people by ignoring their need. What a great society, so caring….

  14. 113 thousand kiwis bought shares, lets hope for 113 thousand kiwis the share price goes up.

    It would’ve been more kiwis buying them, but the Greens decided to play politics.

    They will pay come the next election.

    • framu 14.1

      what should a political party play brett? tiddlywinks?

      “It would’ve been more” – there is no evidence to support this claim

      • Brett Dale 14.1.1

        Of course there is evidence, you dont think the greens and labour doing what they did, stopped people from buying shares? Hell before they announced it, the reason I didnt buy shares, because I knew labour would try and interfere like they did with Auckland airport.

        • framu 14.1.1.1

          well… where is it brett? – put up or shut up

          • infused 14.1.1.1.1

            Try listening to Talkback this morning. It was all positive from people, and many who didn’t buy shares (pulled out) specifically because of Labour.

            People are not stupid, they saw this for exactly what it is, Labour/Greens being retarded as usual.

            • Paul 14.1.1.1.1.1

              Are the people who ring right wing talk back shows representative of the population?

              • Arfamo

                Why would people pull out if they thought National will continue to govern? Obviously they think the writing is on the wall for the Natsy rorters at the next election.

                • felix

                  Exactly. As I’ve been saying for ages and Dr Norman pointed out in Parliament today, blaming Labour and the Greens for the sad take-up of the share offer only makes sense if you accept that the market expects Labour and the Greens to form the next govt.

            • framu 14.1.1.1.1.2

              ooh talk back is evidence now? – and just up thread you called people thick

              well… where is it infused? – put up or shut up

    • One Anonymous Knucklehead 14.2

      Or alternatively (more likely too), the Greens will increase their share of the vote as more evidence of how irrelevant you are.

      • Brett Dale 14.2.1

        The greens wont increase their share of the vote, sure they may poll between 13-15% before the election and heck some polls may have them as high as 20%, come election day they will get around 9-10% in the next election.

        Rena helped them last time, because it got people thinking about the environment.

        • Colonial Viper 14.2.1.1

          You really think there won’t be another environmental or conversation disaster between now and next election? I’ll give you a clue: National are enacting a tonne of anti-conservation moves which are going to help the Greens very nicely thank you.

          • Brett Dale 14.2.1.1.1

            The odds are there wont be another one just before the election, like last time, the Rena must of given the greens at least another 2% in the party vote.

            Again they will poll between 13-20%, the actual election they will get just over 10%

            • fender 14.2.1.1.1.1

              How lucky it is we have such a wise person like you with your ability to see into the future. Since your 10:56am prediction of 9-10% and your 11:59am of ‘just over’ 10% there’s been an almost 1% increase, that good for only 1 hour, please come back in a few hours and give another update.

              Some may see your name and say ‘oh no not Bread Stale’, but not me, I know a genuine clairvoyant when I see one.

          • Rob 14.2.1.1.2

            There may well be, odds on its probably very likely. However we now realise that the green rhetoric is as empty and based on grandstanding as everyone elses. So what new policy actually came out of the Rena disaster, how did they use it to influence NZ in a postive way. All we saw was major of flapping of hands as it was pronounced that this was NZ worst eclogical disaster and would leave a stain on BOP for decades. So what is the update on supposedly NZ’s worst ecological disaster.

        • Rich the other 14.2.1.2

          Greens won’t get even 9%, people are waking up to there desire to stop almost any development.

          Beware ,they have a new cowardly tactic , this to oppose new developments under a different name as demonstrated by the appeal against the kapiti/Levin freeway, its actually the greens in disguise.

          The same tactic is being used on the west coast in an appeal against a mining venture,

          • framu 14.2.1.2.1

            you havent actually bothered to read any green policy have you – the whole anti development thing proves it. Its the calling card of the ignorant

        • felix 14.2.1.3

          Hey Brett, what were you predicting for the Greens last election? 7% wasn’t it?

          And how’d they do? 14% wasn’t it?

          This new prediction of yours is very exciting…

  15. Dv 15

    Another way to look at the numbers
    1million? on advertising attracted 73,000 ‘new’ investors (although I dont really know how they got that number)
    OR
    $140 per investor.

    • Colonial Viper 15.1

      What are you talking about? $1M spend? Dream on – the marketing campaign alone cost roughly 30x that.

      • Rob 15.1.1

        You do realise that $1M media spend in a tight timeframe is actually quite a lot CV and gives a lot of TARP’s.

  16. Dv 16

    I thought the tv/new was 1m
    If it is 30m, that is $4200 per new investor!!!!
    Yikes.

    • Chris 16.1

      You might want to check your maths in both places you’ve done it.

      $30m over 73,000 investors is $411 per investor.

      Also the new investors figure would have come from the number of purchasers who needed an investor number or whatever they are called.

  17. Enough is Enough 17

    r0b

    You have a habit of testing National’s success and failures against your beliefs and morals.

    Guess what National don’t really give a shit about the low price or low amount of kiwis took up the offer.

    Their goal was to sell our assets to their mates. Big tick. They have suceeded, and we have failed.

    There will be champagne bottles being popped in the glass towers of Auckland today and at Nat HQ in Wellington.

    They have managed to do what they were put in government to do. They have stood strong to huge opposition and pushed this through.

    We can learn a lot from the way they stick to their principles.

    The bastards

    • Colonial Viper 17.1

      You make some good points.

      John Key’s mates will be well pleased that the share price is relatively low, and that they got a larger proportion of the shares than expected because there were so few Kiwi investors.

      So agreed…hardly a “failure” for the National Party constituency.

    • Murray Olsen 17.2

      Half the Labour caucus also do their best to stick to National’s principles. They should just join up and get out of the road.

  18. Saarbo 18

    I’m sure National expected over 300k people to purchase MRP shares. This is a major fail. MRP is the jewel in the New Zealands power generators, it has a good mixture of hydro/geo thermal generators and has exciting developments in wind and overseas investments. This float should have had a lot more investors than Contact. This is a major FAIL and will be beautiful fodder for the Greens and Labour when things settle down.

    I reckon as far as what the Left needs to do is we have to get the 16500 signatures, I guess we have to be a bit more discerning and careful when signing up because when I collected signatures I had the uncomfortable feeling that there were MRP sale supporters entering bogus details to derail, easily fixed this time, we just need to ask for a drivers license to make sure we get the details correct. I’ve already got a lot of signatures , in fact it seems even easier now as anyone who hasn’t purchased shares are pretty keen (97.5% of New Zealander’s).

    I reckon that National hoped to get most of their supporters buying, I imagine that they expected numbers well in excess of 300k investors. This was their policy that was going to change everything for them, they were relying on this. FAIL. Quite funny really.

    • ianmac 18.1

      I had made a modest collection from family and friends. Acknowledged.
      What happens if we reapply?
      And if the Parliamentary Services just did sampling how would we know:
      1. Whether we had been discounted.
      2. That they know if my new submission was a duplicate or not?

      • Saarbo 18.1.1

        Well I think 16500 new signatures cant be that hard to find, even if we stop Genesis then we have held some more strategic assets with in government. All signatures have to be new to the petition.

    • infused 18.2

      The referendum is pretty much lost now. If it had stacked up 1st time round, I think it would have had quite a huge affect, but now it’s a fizzer.

    • Rich the other 18.3

      sarbo ,
      the real FAIL is the petition and just to be helpful , 23000 is the target.
      .

      What’s more by the time the sales are complete the govt will have about $5 billion to play with, that’s $5 billion they don’t have to borrow.

      But wait there’s more , unemployment down
      .
      The left are about to start panicking.

      • Colonial Viper 18.3.1

        Fascinating ideas.

        However, MRP represents the absolute high tide mark for the asset sale programme. It’s all down hill from here.

        • Colonial Viper 18.3.1.1

          I’ll add – I’m expecting a massive global equities crash before the end of the year. World stock markets have been hyperinflated well beyond how the real global economy is doing.

    • ianmac 19.1

      I watched fibre optic ultra fast broadband being connected free to my neighbor courtesy of Telecom. I contacted my new provider Vodapone (ex Telstra) who knew nothing about it “but when it became available in our street they would let me know.”
      “But it is here! I can see it.”
      “No. We will let you know when it arrives.”
      (I can’t afford it anyway.)

  19. peggity gwes 20

    Renationalise on day 2 of the next green/labour government.. we need one day to celebrate before getting down to business.

    • Colonial Viper 20.1

      Labour won’t renationalise; or if they do it will be in a way which provides massive profits to the private sector.

  20. aerobubble 21

    Drunk on power, Key impressively rewards those at the top who have left a global wasteland of debt and near disaster, feed them more, when we should be right royally condemning their works.

  21. Prove It 22

    Can you provide evidence to support the $100m to $300m cost assertion – other than links to unsubstantiated claims?

    Hint: Read page 238 of the Prospectus.

    [Bill English admitted today that the cost of selling Mighty River alone was $100m. Nice try though. Eddie]

    • Prove It 22.1

      Fair enough, thank you for the link (although technically the question/answer seems to relate to costs across the process so far, so not just MRP).

      So, the $300 million cost assertion in this post is therefore wrong?

      And, the $100 million asserted payment to Lazard must therefore be wrong too (unless all other Government advisers have been working for free)?

      • Prove It 22.1.1

        Just watched a bit more of the video you posted Eddie – you are right – it seems the $100m figure in context may relate just to MRP.

        However, RN does seem to be factoring in $25m of “loyalty bonus shares” into his $100m – which is not a “cost” in terms of cash out the door, so lets say $75 million.

        $75m in costs = what, $250 per Kiwi … OP going to be corrected?

        • Te Reo Putake 22.1.1.1

          Which bit of the post do you think needs correcting? If you are talking about the cost per investor, then, on your figures, its $750 per investor. I heard one pundit suggest a $110 mil spend already (ie bugger all left for the other floats). If that figure’s correct it’s near as damn to the thousand dollar figure in the post.

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    Gareth’s World
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    So - Gary Romano who took the fall for the Fonterra botulism scare was head hunted by Shanghai Pengxin -http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11226262the company which bought the Crafar farms (the original purchase of which was financed by loans made to Crafar by Fonterra) and which are...
    Te Whare Whero
  • Christmas singles and the White Saviour Complex
    In light of Sir Bob Geldof’s recent re-recording of ‘Do They Know it’s Christmas?’, controversy around the so-called ‘white saviour complex’ continues to grow. Naturally, I thought I would add my two cents to the debate surrounding the song and...
    On the Left
  • New Bus Priority coming
    Auckland Transport want to roll out 40km of new bus priority measures over the next 3 years to speed up buses, make them more efficient and support the new bus network being rolled out across the region. This is fantastic news as the...
    Transport Blog
  • Gordon Campbell on Rick Ellis as Te Papa’s new CEO
    The recent appointment of former TVNZ boss Rick Ellis to head Te Papa has copped a fair bit of criticism. Much of it has been inspired by the suspicion that Ellis has been hired to pursue the same purely commercial...
    Gordon Campbell
  • 2014 SkS Weekly Digest #47
    SkS Highlights President Obama's climate leadership faces the Keystone XL challenge by John Abraham attracted the highest number of comments of the articles posted on SkS during the past week. Coming in a close second was John Cook's Why we need to...
    Skeptical Science
  • Andrew Little as Labour Leader
    So Andrew Little is the new Labour leader. I don't particularly agree with him axing capital gains but entirely agree Labour should ditch raising the retirement age. Andrew needs to handle the members better. Cunliffe ditched some policies such as...
    Topical
  • Hard News: Music: Watching on Twitter from afar
    TV3's decision to broadcast the Vodafone Music Awards live to air was a great call. Not that I was able to actually watch it, but being able to read tweets both from Vector Arena and the living rooms of home certainly...
    Public Address
  • Sunday music: Talking Heads on cities
    A blast from the past: the Talking Heads’ ode to urbanity, “Cities”. This is from the band’s fantastic concert film Stop Making Sense: The Talking Heads emerged from 1970s New York. The city itself wasn’t doing so well at the...
    Transport Blog
  • Our social betters
    by Michael Roberts In a great new book, Billionaires: reflections on the upper crust (http://www.newrepublic.com/article/120092/billionaires-book-review-money-cant-buy-happiness), Darrel M West outlined various social surveys that show the richer a person is, the less likely they are to redistribute some of their wealth...
    Redline
  • More details on the Glen Innes to Tamaki Dr path
    Auckland Transport have released more details about the route for the Glen Innes to Tamaki Dr shared path that they and the NZTA are going to build over the next few years. The $30 million path will be built between 2015 and 2018 in four...
    Transport Blog
  • Headline of the week
    Original. To quote our very own Lamia, “Maybe the Maori Party should have included a history lesson in their confidence and supply agreement.”...
    On the Left
  • Who or What Was Onboard MH370, That Someone Doesn’t Want Found?
    239 people (including crew) were onboard MH370 when it mysteriously disappeared on March 8th this year.  Not one single piece of confirmed wreckage has ever been found, nor has a definite crash area been identified. I, like I am sure...
    An average kiwi
  • 2014 SkS Weekly News Roundup #47B
    Acid maps reveal worst of climate change Buffalo mega snowstorm tied to climate change? China will place a limit on coal use in 2020 Climate change investment falls for second year in 2013 Fossil-fueled Republicanism  House Republicans just passed a...
    Skeptical Science
  • For oil companies, our rights are just another obstacle
    Once upon a time fossil fuel exploration took place far away, out of sight and out of mind. But as oil and gas giants become ever more desperate for new reserves they’re prepared to drill in places that were previously...
    Greenpeace NZ blog
  • The Arctic Sunrise, her journey continues
    Last Saturday, the ecologically pristine area around the Canary Islands was the watery stage of the next chapter in the story of the Arctic Sunrise. Last year, she carried Greenpeace activists across icy waters North of Russia, where they protested...
    Greenpeace NZ blog
  • New Wynyard Hotel disappointing
    More details were released yesterday surrounding a new luxury hotel – to be known as Park Hyatt Auckland – that is going to be built on the waterfront, on the site that currently houses the Team New Zealand headquarters.   The...
    Transport Blog
  • Guest post: what should Andrew Little learn from Ed Miliband?
    John tweets at @mrduttonpeabody. A Labour leader being elected on the back of an election loss, through a system of weighted bloc votes, is familiar to anyone who follows UK politics. The 2010 UK Labour leadership election saw Ed Miliband...
    On the Left
  • October 14 Patronage
    October’s patronage results show Aucklanders are continuing to flock to buses and trains. It’s especially true for the rapid transit network which is seeing staggering growth, up over 20% compared to the same month last year. It’s showing that the public...
    Transport Blog
  • Hurray for “Hurray For The Riff Raff”!
     FIRST RATE AMERICANA came to Auckland's Tuning Fork venue last night in the form of the Alt-Country, Indie-Folk roots band Hurray For The Riff Raff. Led by Alynda Lee Segarra, the 27-year-old Peurto Rican singer-songwriter out of New Orleans via New...
    Bowalley Road
  • Capture: Movement
    It felt like we were overdue for a post, and when I took the time to look back at what had come before, I realised yesterday we turned three. So before we get into it, thanks once again for another...
    Public Address
  • Saturday playlist: new Labour leader
    It was difficult, but we managed to restrain ourselves from only posting songs with “Little” in the title … Add your (nice) suggestions below!...
    On the Left
  • Stuart’s 100 #57: Grow your own
    57: Grow your own What if supermarkets could grow their own? Supermarkets, like service stations, are in that category of activities that are of such necessity and ubiquity to our daily life that they cumulatively have a very large footprint...
    Transport Blog
  • The best of Neetflux (so far)
    A selection of our favourite Neetflux posters to date. Here’s to more awesome political satire to come! (Click through for full-size on Neetflux’s Tumblr)...
    On the Left
  • Chipping away at police unaccountability
    Traditionally, our police have enjoyed a wide discretion over who to prosecute and how. Sometimes, this is a good thing - it means that the time of the courts is not wasted on minor crimes. In other cases, its use...
    No Right Turn
  • South Auckland disadvantaged by new decile rankings
    New decile rankings have South Auckland schools at scores that show they are much more disadvantaged than the national average, says Labour’s Associate Auckland  Issues spokesperson Louisa Wall.  “As a measurement of disadvantage it is alarming that the average score...
    Labour
  • Sexism, rape culture and power
    Our discourse around sexual violence is complicated. All too often perpetrators are described as ‘monsters’, so when someone you know tells you the lovely man that you really like sexually abused them it’s hard to believe, because they’re not a...
    Greens
  • Time for an economy that works for all New Zealanders
    New Labour Finance spokesperson Grant Robertson says the challenge for the National Government is to support an economy that delivers good, sustainable jobs paying decent wages. “It’s time the economy delivered for all New Zealanders, not just the fortunate few....
    Labour
  • New faces, wise heads in bold Labour line up
    Labour Leader Andrew Little today announced a bold new caucus line up which brings forward new talent and draws on the party’s depth of experience....
    Labour
  • Plan for mega factory farm ruffles feathers
    Not long ago I wrote about the proposal to build a mega factory farm in the small township of Patumahoe that would confine over 300, 000 hens to colony cages. This week the resource consent hearing for the proposed factory...
    Greens
  • National opens door further to Chinese property speculators
    National has further opened the door to Chinese property speculators with the registration of a third Chinese bank here that will make it easier for Chinese investors to invest in New Zealand properties, the Green Party said today."As well, former...
    Greens
  • National restarts logging in West Coast forests
    “Dead wood also contributes by providing nutrients to soils, supporting the agents of wood decay such as fungi and invertebrates and it is a key habitat for the regeneration of some trees.” Annual Report 2013/14, page 29. The National Government has...
    Greens
  • Lab plan the beginning of slippery slope?
    It’s time for new Health Minister Jonathan Coleman to show his hand on plans to privatise lab services which doctors are warning could put patients’ lives at risk, Labour’s Health spokesperson Annette King says. “Clinicians have sent the Government some...
    Labour
  • A-G called on to look into flagship ‘cost-saving’ programme
    New health Minister Jonathan Coleman has some serious questions to answer following a decision to wind up the Government’s flagship health savings provider HBL just a fortnight after giving it the green light to implement its plans, Labour’s Health spokesperson...
    Labour
  • Prime Minister’s warped view of history
    Students who sat NCEA level 3 history exams last week might be very worried to hear the Prime Minister tell a Radio Station that New Zealand was one of the few countries that was settled peacefully by Europeans. Those students who wrote...
    Greens
  • Climate of fear needs addressing
    It is hugely concerning that community and volunteer groups feel they are being gagged from speaking out against the Government, Labour’s Community and Voluntary Sector Spokesperson Louisa Wall says.  A Victoria University survey of 93 sector groups has found 50...
    Labour
  • Mandatory code of conduct needed for supermarkets
    Labour has drafted legislation to establish a mandatory code of conduct for supermarkets to ensure New Zealand suppliers are not affected by anti-competitive behaviour. “Even though the Commerce Commission found no technical breaches of the law through some of Countdown’s...
    Labour
  • National softening public up for 7th successive deficit
    Finance Minister Bill English is softening the public up for an announcement that National is going to fail in even its very limited goal of achieving a budget surplus, the Green Party said today."No finance minister in a generation has...
    Greens
  • National caught out on state house porkies
    Housing NZ’s annual report out today directly contradicts the Government’s claim that one-third of its houses are in the wrong place and are the wrong size, said Labour’s housing spokesperson Phil Twyford. “The annual report states 96 per cent of...
    Labour
  • Damning report on Department of Conservation restructure
    The restructuring of the Department of Conservation (DOC) following National's severe funding cuts has been revealed as failure, the Green Party said today.The Taribon report has reviewed the new structure of DOC after 12 months. The restructuring, one of the...
    Greens
  • Greens welcome Xi, but human rights need to be on agenda
    The Green Party welcomes the visit to New Zealand of Chinese President Xi Jinping and wishes to congratulate him on his recent announcement regarding China capping emissions for the first time.The United States and China recently unveiled a deal to...
    Greens
  • Backing New Zealanders to get ahead
    New Labour Leader Andrew Little says it is an immense privilege to have been chosen to lead the party and to be given the task of ensuring it once again becomes a powerful force that backs New Zealanders in getting...
    Labour
  • Andrew Little Elected Leader of Labour Party
    “The Labour Party congratulates Andrew Little, who has been elected as party leader in a robust and highly democratic process,” says Labour Party President Moira Coatsworth. “Andrew’s leadership will have the full support of the whole Labour Party.”...
    Labour
  • Report into Brownlee security breach should be released
    The Government and Civil Aviation Authority (CAA) should release the report into former Minister of Transport Gerry Brownlee's airport security breach, the Green Party said today."The actions of a Minister of Transport breaching security at an airport are a matter...
    Greens
  • Brownlee must ask CAA to release the report
    Gerry Brownlee must ask the Civil Aviation Authority to release the report that finds he broke the law in breaching airport security, says Labour's Transport spokesperson Phil Twyford. “It is inexcusable for any minister, let alone the then-Transport Minister, to...
    Labour
  • G20 climate comment increases pressure on NZ
    The G20 decision to include climate change in its communiqué despite Australia's attempt to ignore it, increases pressure on New Zealand to come up with a credible plan to cut emissions, the Green Party said today.The G20 Leaders Communiqué from...
    Greens
  • NZ joins G20 climate problem
    Confirmation this morning by John Key that his Government plans to do nothing to turn around NZ's rapidly rising greenhouse emissions means that New Zealand joins Australia as one of the problem children at the G20 meeting in Brisbane, the...
    Greens
  • IRD joins Corrections in Phillip Smith failure
    It is incomprehensible that IRD and Corrections were not able to stop Phillip Smith from rorting the tax system out of $50,000 until it was too late, given that he was a notoriously manipulative prisoner stuck in jail, says Labour’s...
    Labour
  • The Government has to listen to Olly
    When even hard boiled property investors like Olly Newland  say first home buyers have been shafted by Loan to Value Ratio lending restrictions, surely it is time for the Government to listen, says Labour's housing spokesperson Phil Twyford.  "Auckland landlord...
    Labour
  • Key used GCSB for political ends prior to 2014 election
    New documents released to the Green Party show that Prime Minister John Key used New Zealand's intelligence services for the National Party's political ends a few days out from the 2014 election, the Green Party said today.Documents released to the...
    Greens
  • Government not meeting its climate target
    The Government must front up to the fact that its own advisors are now saying that New Zealand is off target in any transition to a low carbon future, says Labour’s spokesperson on Climate Change Nanaia Mahuta.  “A briefing to...
    Labour
  • Briefing reveals Defence facilities ‘increasingly unfit for purpose’
    The Defence Briefing to the Incoming Minister reveals a deteriorating state in Defence facilities that are no longer fit for purpose, says Labour’s Defence spokesperson Phil Goff.  “The briefing is heavily censored but still reveals that Defence camps, bases and...
    Labour
  • New projections show New Zealand missing climate target
    Briefings to Incoming Ministers released today reveal the Government's climate policy is failing with projected emission more than double what is needed to meet National's 2050 target, the Green Party saidProjections released by the Ministry for the Environment, as part...
    Greens
  • National’s highways far less efficient
    National’s new state highways have a far lower cost-benefit ratio than motorways built under the last Labour Government, making a mockery of the Government’s bluster that its road building will boost the economy, says Labour's Transport spokesperson Phil Twyford. “New...
    Labour
  • Governor points finger at National on supply
    The Reserve Bank Governor has admitted he had to keep loan to value mortgage restrictions in place because the Government’s attempts to increase housing has fallen ‘a long way short’, says Labour's Housing spokesperson Phil Twyford. “The thousands of first...
    Labour
  • Did Collins cover up Slater’s OIA requests?
    Disgraced former Cabinet Minister Judith Collins must explain why she appears to have tried to hide Official Information Act requests she fulfilled for Whale Oil blogger Cameron Slater, Labour MP Megan Woods says. “New documents obtained by Labour show Judith...
    Labour
  • Reserve Bank’s dairy warning must be heard
    The Reserve Bank’s warning that falling dairy prices are creating greater risks for the New Zealand economy must be taken seriously by Bill English and John Key, says Labour’s Finance spokesperson David Parker. “Dairy prices have nearly halved since February...
    Labour
  • National’s housing failure keeps LVRs in place
    The Reserve Bank’s decision to leave loan-to-value ratio mortgage restrictions in place is further confirmation of National’s housing policy fiasco, Labour’s Housing spokesperson Phil Twyford says. “The Reserve Bank would have lifted LVRs if they had seen any increase in...
    Labour
  • Let’s see if it is plane sailing Mr Bridges
    Comments by Transport Minister Simon Bridges that Far North residents' anger over cutbacks to regional flights will be allayed by larger planes and cheaper fares out of Kerikeri, are just pure arrogance, says Labour’s Te Tai Tokerau MP Kelvin Davis....
    Labour
  • Commerce Commission inquiry needed into building supplies monopoly
    The Commerce Commission must stop dragging the chain and urgently investigate the anti-competitive practices in the building industry that are driving up the cost of building materials, says Labour's Housing spokesperson Phil Twyford. “Competition in the building materials market is...
    Labour
  • Air New Zealand grounds Far North
    The announcement by Air New Zealand to close services from Kaitaia to Auckland will be an absolute disaster for the Far North, Labour MP for Te Tai Tokerau Kelvin Davis says.  “Air New Zealand is sending a signal to the...
    Labour
  • Pulling West Coast flights a savage blow
    Air New Zealand’s decision to withdraw its Westport service is another kick in the guts for an already struggling community, West Coast-Tasman MP, Damien O’Connor says.   “Having been involved in the West Coast’s efforts to get Air Nelson to return...
    Labour
  • Air NZ cuts economic lifelines to neglected regions
    Air New Zealand’s plans to cut its Eagle Air regional services to already struggling regions is a hammer blow to Westport, Whakatane and Kaitaia, says Labour's Transport spokesperson Phil Twyford. “The regions of New Zealand are being abandoned by this...
    Labour
  • Christchurch on the rent rack
    A jump of 20 per cent in weekly rents in the past year is a disaster for Christchurch, says Associate Housing spokesperson Poto Williams. “The Trade Me Property Rental Price index has rightly described the city as being a ‘...
    Labour
  • Past time to act on warnings about palliative care
    Health officials have been warning the Government about a critical shortage of palliative care specialists for years, Labour’s Acting Deputy Leader and Health spokesperson Annette King says. A stocktake carried out for the Ministry of Health shows New Zealand’s end...
    Labour
  • Report must spur Government into action
    The soaring cost of domestic violence and child abuse highlight the need for the Government to prioritise and act on the issue, says Labour's spokesperson for Social Development, Sue Moroney.“Findings from the Glenn Inquiry that show the problem is estimated...
    Labour
  • Family safety paramount, then urgent review
    Corrections Minister Peseta Sam Lotu-Iiga has some serious questions to answer over why a dangerous prison escapee, convicted of further crimes while in jail, managed to abscond while he was on approved temporary release, Labour’s Corrections spokesperson Jacinda Ardern says.“Phillip...
    Labour
  • LVRs a failed experiment from Bill English
    Loan to value mortgage restrictions are a failed experiment from Bill English to tame Auckland house prices, that have caused collateral damage to first home buyers and other regions, says Labour's Housing spokesperson Phil Twyford. “The possible end of LVR...
    Labour
  • Govt books getting worse as economy slows
    National’s economic credibility is under serious scrutiny with its search for surplus becoming harder due to an economy far too reliant on the dairy industry, says Labour’s Finance spokesperson David Parker. “National promised New Zealanders would get into surplus by...
    Labour
  • Kiwis in pain because of Government underfunding
    New research showing one in three people needing elective surgery are being denied publicly-funded operations shows the Government must properly fund the health sector, Labour’s Health spokesperson Annette King says. “For almost two years Labour has been warning about the...
    Labour
  • National’s promised surplus looking doubtful
    Budget figures for the first quarter of the financial year released today by Treasury show the Government's goal of achieving a budget surplus is looking doubtful, the Green Party said today."National has staked its credibility on achieving a budget surplus...
    Greens
  • Kevin Hague speaks on the Gambling Amendment Bill (No 3)
    I rise to give this speech on behalf of Denise Roche, who handles the gambling portfolio for the Green Party. This bill deals with class 4 gambling—pokies in pubs and clubs—and it is the result of changes that were suggested...
    Greens
  • Kevin Hague speaks on the Health (Protection) Amendment Bill
    I would like to start off where the previous speaker left off, on the issue of balancing rights or balancing harms. All law is in some way a restriction of personal liberty. That is the point of law. When we...
    Greens
  • Joyce backs away from yet another target
    Steven Joyce has backed away from two targets in two days, refusing to acknowledge that his Government has an unambitious aim to get unemployment down to 4 per cent in 11 years’ time, says Labour Associate Finance spokesperson David Clark....
    Labour
  • Pacific peoples incomes and jobs falling under National
    The Minister of Pacific Peoples is attempting to bury the ugly facts of Pacific unemployment and income levels worsening since National took office in 2008, said Labour’s Pacific Affairs spokesperson, Su’a William Sio. “If the Minister doesn’t acknowledge how bad...
    Labour
  • Annette King? Annette King?? Surely not Annette King!
    I’m not often surprised at the goings on in the Labour Party but I was gobsmacked to see Andrew Little has appointed Annette King as Deputy Leader of the parliamentary Labour Party. I had idly assumed the role would go to Adhern...
    The Daily Blog
  • New Shadow Cabinet – Little does more in 6 days than Goff, Shearer & ...
    New Zealanders do not respect intelligence, they respect confidence. Cunliffe beat Key in the debates, but it didn’t matter because NZers don’t respect the debate, they respect the tone. Our anti-intellecuatlism runs deeper than most with our reverse-egalitarianism. The chip...
    The Daily Blog
  • This weeks Waatea news column – The myths white people tell themselves
      This weeks Waatea news column – The myths white people tell themselves...
    The Daily Blog
  • The irony of backlash to petrol stations charging workers for stolen petrol
    You have to laugh at NZers sometimes. you really do. The outrage that has been sparked by news that workers at petrol stations are charged for stolen petrol is one of those perfect examples of a delicious irony most NZers...
    The Daily Blog
  • A Dishonest “Countering Terrorist Fighters Bill”
    Wouldn’t you think a Countering Terrorist Fighters Bill would actually mention “terrorist fighters” in its text? The Bill, as released yesterday, does not. It’s simply another generalised counter-terrorism exercise giving extra surveillance powers to the Security Intelligence Service and enabling...
    The Daily Blog
  • How biased is the media? A Patrick Gower case study
    . . . Isn’t it interesting that Patrick Gower – who made his partisan feelings crystal clear on Twitter on 29 May with this extraordinary outburst;  “Lalia Harré – you make me feel sick by how you are rorting MMP...
    The Daily Blog
  • The C Word
    It isn’t even December but the decorations are up and the ads are on the telly. I am a genuine Grinch come this time of year, so when the conversation at work turned to everyone’s holidays plans I may have...
    The Daily Blog
  • Honouring the Ampatuan massacre victims as fight for justice goes on
    A grim reminder of the Maguindanao, or Ampatuan, massacre on 23 November 2014. Photo: DanRogayan A TOP Filipino investigative journalist will be speaking about the “worst attack” on journalists in history and her country’s culture of impunity in a keynote...
    The Daily Blog
  • GUEST BLOG: Anjum Rahman – what are they afraid of: the erosion of democ...
    Today the Hamilton City Council has put on a big party to celebrate the 150th anniversary of European colonisation of the area.  There have been a series of events during the year to mark this event, including a civic ceremony. ...
    The Daily Blog
  • #JohnKeyHistory
    John Key has done it again. This week our lovely Prime Minister has showed us how little he knows about the history of the country he is supposed to be running. Apparently “New Zealand was settled peacefully”. Was it really?...
    The Daily Blog
  • G20 growth targets and growth model offer more problems than they solve
    At the recent G20 in Brisbane, member countries agreed to accelerate growth to an additional 2% on top of current trajectories. But ongoing public sector cuts, asset sales, and reducing workers’ rights indicate that at least part of the growth...
    The Daily Blog
  • GUEST BLOG: Bill Courtney – Charter Schools: The Shroud of Secrecy Contin...
    The Ministry of Education yesterday released another batch of information relating to the five existing charter schools and the four new ones proposed for opening in 2015. As we have seen before, the release of such information, often requested under...
    The Daily Blog
  • EXCLUSIVE: Campaign reflection, Laila Harré reaching out for radical minds
    Today I’ve announced that I will be stepping down from the Internet Party leadership in December. This will happen once options for the future have been developed for discussion and decision among members. My absolute focus in this election was...
    The Daily Blog
  • The Ebola crisis, capitalism and the Cuban medical revolution
    “Ebola emerged nearly 40 years ago. Why are clinicians still empty-handed, with no vaccines and no cure? Because Ebola has been, historically, geographically confined to poor African nations. The R&D incentive is virtually non-existent. A profit-driven industry does not invest...
    The Daily Blog
  • MEDIA WATCH: TVNZ Reveals Insane Deadlines For Māori and Pacific Island Pr...
    Last Tuesday, November 18th, TVNZ requested proposals from producers for the four Māori and Pacific Island programmes they will no longer be making in-house. Marae, Waka Huia, Fresh and Tagata Pasifika will keep their existing names, existing formats and existing...
    The Daily Blog
  • The Daily Blog Breakfast Club Ep. 1
    TDB Video, Live from Verona Cafe on K-Rd, Auckland – a weekly current affairs show with TDB Editor Martyn Bradbury. This week’s panel: Chris Trotter & Selwyn Manning.The issues: 1 – What now for the New Labour leader? 2 –...
    The Daily Blog
  • Performance-demonstration at Auckland’s High Court to demand justice for ...
    People outraged at the lack of justice in the so-called ‘Roast Busters’ case and 99% of other rape cases in this country are holding a visually powerful mass action at the Auckland High Court at 1 o’clock on Saturday. They...
    The Daily Blog
  • IES vote may weaken defense of public education
    PPTA announced today that secondary teachers have voted to include the IES (Investing in Education Success) as a variation to their collective employment agreement with the government. At one level it’s an understandable decision by PPTA members because through engaging in a consultation...
    The Daily Blog
  • NZ History lesson on Planet Key – the lies white people tell themselves
    John Key’s bizarre claims about our ‘peaceful history’ comes across like the apartheid history of South Africa where white people discovered Africa first… New Zealand ‘settled peacefully’ – PM New Zealand was “settled peacefully” by the British, the prime minister...
    The Daily Blog
  • Universal Basic Income and Labour Policy
    On Radio New Zealand’s None-to-Noon on Wednesday (19 November), new Labour leader Andrew Little intimated that he would like to put Universal Basic Income (UBI) on his policy agenda (What policy changes will Andrew Little usher in?) Predictably Kathryn Ryan, despite being...
    The Daily Blog
  • The New Notes : They Ain’t Mint
    Hulk Queen Angry. Hulk Queen smash.   Yesterday, the Reserve Bank announced its new designs for our banknotes. Now, I’ve historically been pretty sketch about this entire process; variously feeling affronted that the government could find eighty million dollars to fund a...
    The Daily Blog
  • MSM under-mining of new Labour Leader already begun?
    . . It did not take long. In fact, on the same day that Andrew Little won the Labour leadership*, the first media reporter was already asking if he would be stepping down  if Labour failed to lift in the...
    The Daily Blog
  • GUEST BLOG: Simon Buckingham – invisible disability voices
    Today I am ranting. The Disability Advisory Group has been announced by Auckland Council. This is the body that represents the interests and views of people with disabilities in Auckland. Whilst I would not have applied this time as I...
    The Daily Blog
  • Jeremy Wells’ Mike Hosking rant on Radio Hauraki: Today, Andrew Little
    Jeremy Wells’ Mike Hosking rant on Radio Hauraki: Today, Andrew Little...
    The Daily Blog
  • Why labelling Little as a ‘Unionist’ is a joke and how he beats Key in ...
    The line being used to attack Andrew Little as a ‘Unionist’ is just an absurd joke, and it comes from people who clearly don’t understand the modern NZ Union movement. Andrew ran the EPM Bloody U, they are easily one...
    The Daily Blog
  • 5AA Australia – Labour’s New Leader + China’s President In New Zealan...
    Recorded on 20/11/14 – Captured Live on Ustream.tv. 5AA’s Peter Godfrey and Selwyn Manning.ISSUE ONE: The New Zealand Labour Party has elected its new leader, the vote going to a third round after no clear outright winner was found in...
    The Daily Blog
  • Did Roger Sutton think he was running the Rock Radio Station?
    Visible G-String Fridays? Full body hugs? Jokes about who you would and wouldn’t have sex with? Honey? Sweety? It’s like Roger thought he was running the Rock Radio Station, not a Government Public Service department set up to rebuild a...
    The Daily Blog
  • US Politics
      US Politics...
    The Daily Blog
  • Amnesty International – The conversation that needs to be had with China
    Caption: Police officer watching Hong Kong pro-democracy march, 01 July 2014 © Amnesty International    Yesterday’s edition of The New Zealand Herald features an open letter to all New Zealander’s from Xi Jinping, President of the People’s Republic of China. Along...
    The Daily Blog
  • GUEST BLOG: Patrick O’Dea – “Liar”
    LIAR! ‘Privatised social housing to benefit tenants’ English “Housing Corp was a poor performer and about a third of its housing stock was the wrong size, in poor condition and in the wrong place. That stock was worth about $5...
    The Daily Blog
  • Too Close For Comfort: Reflections on Andrew Little’s narrow victory over...
    THE TRAGIC SCREENSHOT of “Gracinda” in defeat bears eloquent testimony to the bitter disappointment of the Grant Robertson-led faction of the Labour Party. And, yes, ‘Party’ is the right word. The Robertson machine has now extended its influence well beyond...
    The Daily Blog
  • How to defeat child poverty
      How to defeat child poverty...
    The Daily Blog
  • Little’s Shadow Cabinet
    Now the horror of trying to pacify the factions begins. The only thing Little’s new shadow cabinet must do is create the pretence of unity. The reason voters didn’t flock to Labour wasn’t the bloody CGT or Superannuation, it was...
    The Daily Blog
  • A pilgrimage with my sister – Rethink the System
    We’ve both wanted to do a pilgrimage for many years. But, unlike many modern pilgrims, we wanted to be pilgirms in our own country and get closer to our communities, rather than seek greater distance from them. We are both...
    The Daily Blog
  • Lack of policy ambition is Andrew Little’s main problem
    I’ve met Andrew Little a few times and he’s a pleasant man who will make a reasonable job leading what the Labour Party has become in recent decades. He will preside over a much less divided caucus and will be...
    The Daily Blog
  • Journos, film makers, media freedom advocates join Asia-Pacific political j...
    A candlelight vigil for the 58 victims of the 2009 Maguindanao massacre – 32 of them media people. Still no justice for them today. Renowned investigative journalists, film makers, academics and media freedom campaigners from across the Asia-Pacific region will...
    The Daily Blog
  • And the new Labour Leader is ZZZZZZZZZZ
    The victory lap by Caucus over the members choice of Cunliffe has ended and the new leader of the Labour Party is Andrew Little. Yawn. The dullness and caution of the latest Leadership race will be served well by Andrew,...
    The Daily Blog
  • Allow the Facts to Get in the Way of the Neolib Stories
    One of the weaknesses of the political left in New Zealand over the last 30 years has been to allow the neoliberal storytellers to get away with lots of fibs and half-fibs. On TVNZ’s Q+A on 16 November, in a...
    The Daily Blog
  • Defending The Boomers: A Response to Chloe King
    THE BABY-BOOM GENERATION (49-68 year-olds) currently numbers just under a quarter of New Zealand’s population. Even so, there is a pervasive notion that the generation of New Zealanders born between the end of World War II and the mid-1960s exercises...
    The Daily Blog
  • This weeks Waatea news column – Waitangi Tribunal ruling enshrines Treaty...
      This weeks Waatea news column – Waitangi Tribunal ruling enshrines Treaty as a living document...
    The Daily Blog
  • Key now says SAS will be needed to protect ‘trainers’ behind the wire
    Well, well, well. What do we have here? Government could send SAS to Iraq New Zealand’s elite Special Air Service (SAS) could be deployed to Iraq to protect Kiwi troops sent to train local forces. Prime Minister John Key confirmed...
    The Daily Blog
  • Do You Want to Build a Meth Lab? (Frozen x Breaking Bad Parody)
    Do You Want to Build a Meth Lab? (Frozen x Breaking Bad Parody)...
    The Daily Blog
  • Soft soap for the rich – harsh taxes for the poor
    It’s no surprise to see New Zealand has one of the world’s lowest tax rates for the rich and the superrich. A survey by the global accounting network UHY shows New Zealand’s highest tax rates are lower than even Australia,...
    The Daily Blog
  • Phillip Smith and the rehabilitation process
    The dominant media narrative in horrible murder cases is that the perpetrator is unlikely ever to be rehabilitated. When it appears the offender may get parole the media turns first to family members of the victim who commonly (and understandably)...
    The Daily Blog
  • The Nation review: Finlayson’s terrifying definition of who is on terror ...
    Terrifying Nation today on TV3. Chris Finlayson is on justifying the Government’s Muslim fear mongering and extension of even more surveillance powers. It was jaw dropping. Finlayson says ‘alienated people with a chip on their shoulder’ is the threshold to get...
    The Daily Blog
  • A brief word on The Block NZ
    Is it just me or did The Block manage to sum up everything that is wrong about our culture and economy? Fetishised property speculation as mass entertainment in a country of homelessness & poverty. I wonder if State House tenants...
    The Daily Blog
  • Waitangi Tribunal ruling
    That spluttering choking sound of a thousand rednecks being informed Maori still have sovereignty is a hilarious cacophony of stupid… Crown still in charge: Minister Chris Finlayson on Waitangi Treaty ruling The Waitangi Tribunal’s finding that Maori chiefs who signed...
    The Daily Blog
  • A brief word on Phillip Smith
    We can arrest student loan & fine defaulters at the airport – but not convicted child molesting killers? Before we ban manufactured ISIS ‘terrorists’ from having passports, how about we just manage to stop child molesting killers from fleeing first?...
    The Daily Blog
  • Free Me From Religion
          The meeting begins – or at least it’s supposed to begin – but someone interrupts proceedings. She wants everyone to pray with their heads bowed while she can “thank our Father who art in Heaven.” I close...
    The Daily Blog
  • Key capitulates on TPPA while big money NZ set up propaganda fund
    So Key has capitulated on the ‘gold standard’ of free trade deals… The primary objective for New Zealand at Apec was to see some urgency injected into the TPP talks and to keep leaders aiming for a high quality deal....
    The Daily Blog
  • The Warehouse & Noel Leeming Praised for Principled Stand
    Family First NZ is congratulating The Warehouse and Noel Leeming for reinforcing their ‘family-friendly values’ by removing R18 games and DVD’s from its shelves, and is calling on other retailers including JB Hi-Fi, Harvey Norman and Dick Smith...
    Scoop politics
  • PM’s Post-Cab on Iain Rennie, China and the Smith Inquiry
    In a press conference held today in Wellington, Prime Minister John Key answered questions regarding Iain Rennie’s potential resignation, the independent inquiry into the Smith/Traynor escape, and recent trade deals with China....
    Scoop politics
  • Safety Week 2014 focused on a safe summer
    ACC’s annual Safety Week kicks off today. With summer just around the corner, Safety Week this year is focusing on keeping safe when playing sport, enjoying recreational activities or drinking alcohol....
    Scoop politics
  • Safety focus during motorcycle month
    As the Central District Police annual Month of Motorcycles campaign cruises into its second week, the results so far have been positive with many motorcyclists playing their part to keep our roads safe....
    Scoop politics
  • Insane Law Perverting Course of Justice: SST
    Insane Law Perverting Course of Justice: SST The Sensible Sentencing Trust is slamming a decision which may acquit a Whakatane offender of serious dangerous driving charges....
    Scoop politics
  • Taranaki Base Hospital draped in white ribbons
    Taranaki Base Hospital draped in white ribbons to show violence towards women is never OK...
    Scoop politics
  • Family Violence Intervention Team uses social media
    Family Violence Intervention Team uses social media to say “no” to domestic violence Everyone has the right to feel safe at home. Many do not. One in three partnered New Zealand women report having experienced physical and/or sexual intimate partner...
    Scoop politics
  • Smoke Alarms in Rental properties
    TPA says recent calls for mandatory smoke alarm installations in rental properties is an opportunity for all parties to come together to improve the safety and quality of rental housing....
    Scoop politics
  • CTU will not engage in Governments sham consultation process
    Today the CTU has sent a letter to Prime Minister John Key articulating serious concerns about both the content and the rushed process the Government has clearly signalled it intends to follow to progress the Countering Terrorist Fighters Legislation...
    Scoop politics
  • Job vacancies steady in October
    The number of skilled job vacancies advertised online remained steady in October across most industry groups and occupations, according to the Ministry of Business, Innovation and Employment’s latest Jobs Online report....
    Scoop politics
  • 600 Slaves And Counting on New Zealand Soil
    The 2014 Global Slavery Index has just been released, and buried within its pages is New Zealand’s growing issue of human exploitation and slavery. When taken in conjunction with the US State Department’s Trafficking in Persons Report 2014,...
    Scoop politics
  • Statement from Police Commissioners of Australia and NZ
    Media Statement from Police Commissioners of Australia and New Zealand: Police Commissioners take a stand against violence against women and children...
    Scoop politics
  • NZ Police Commissioner makes a stand against Family Violence
    New Zealand Police Commissioner Mike Bush has joined with his Australian Police Commissioner colleagues at Parliament House in Canberra this morning to take a stand on violence against women and children....
    Scoop politics
  • Amnesty International campaigns for end to domestic violence
    Amnesty International will be making a donation of over $500 to Aviva (formerly known as Women’s Refuge Christchurch) at the conclusion of Tuesday’s inner city march against domestic violence....
    Scoop politics
  • Waka Hourua celebrates what’s working in suicide prevention
    On 19 and 20 November, Māori and Pasifika national suicide prevention programme Waka Hourua held its first national hui-fono in Auckland. The theme was Whakarauika Mai: Bringing Communities Together to Prevent Suicide in Aotearoa. ...
    Scoop politics
  • Domestic violence problem bigger than Sky Tower
    Domestic violence problem bigger than Sky Tower SKYCITY’s Sky Tower in Auckland will be lit up in white on Monday evening Nov 25th at 10pm, on the eve of White Ribbon Day. The anti-domestic violence network SAFTINET (Safer Auckland Families...
    Scoop politics
  • State Services Commissioner ‘unfit for the job’ says Little
    State Services Commissioner ‘unfit for the job’ says Little The new Labour leader Andrew Little has called for the State Services Commissioner Iain Rennie to be stood down after his handling of the Roger Sutton sexual harassment case. "The idea...
    Scoop politics
  • Patrick Gower interviews Laila Harre
    Patrick Gower interviews Laila Harre Headlines: Laila Harre to quit as Internet Party leader by Christmas when the party has completed its review, but would love to return to parliament Says party considering options for its future including winding...
    Scoop politics
  • Lisa Owen interviews Labour leader Andrew Little
    Lisa Owen interviews Labour leader Andrew Little Headlines: Andrew Little says the shape of his front-bench for the 2017 election may not be clear until the end of next year Indicates next week’s appointments may be temporary: “So I may...
    Scoop politics
  • Phillip John Smith – statement
    Police and the New Zealand Embassy in Brasilia are aware of a decision from the Brazil Federal Court requiring the deportation of Phillip Smith within 10 days. Further assessment is required to ensure there is a full understanding of this...
    Scoop politics
  • Green’s ‘not speaking out about human rights abuses in China
    Right to Life challenges Russell Norman the co-leader of the Green Party to explain why, he was prepared to ask Prime Minister John Key to talk to Chinese President Xi Jinping about human rights abuses in countries bordering China but...
    Scoop politics
  • Goodfellow congratulates Key on IDU election
    Goodfellow congratulates Key on IDU election National Party President Peter Goodfellow has congratulated Prime Minister John Key on his election today as Chairman of the International Democrat Union (IDU)....
    Scoop politics
  • Taxpayers’ Union Congratulates PM on IDU Appointment
    The Taxpayers’ Union is today congratulating Rt. Hon. John Key on becoming the Chair of the International Democrat Union , as former Australian Prime Minister John Howard retires from the role after 12 years. Taxpayers’ Union Executive Director...
    Scoop politics
  • High demand for Consumer NZ’s “Do Not Knock” stickers
    Consumer NZ has distributed nearly 100,000 “Do Not Knock” stickers since the launch of its campaign to fight back against dodgy door-to-door sellers.The “Do Not Knock” campaign was launched on 3 November 2014. Free “Do Not Knock” stickers...
    Scoop politics
  • Phillip Smith decision still pending
    Detective Superintendent Mike Pannett is returning to Washington DC where he will continue to closely monitor a pending decision from the Brazilian authorities on the process to return Phillip Smith to New Zealand....
    Scoop politics
  • High Court demonstration to demand justice
    People outraged at the lack of justice in the so-called ‘Roast Busters’ case and 99% of other rape cases in this country are holding a visually powerful mass action at the Auckland High Court at 1 o’clock on Saturday. They...
    Scoop politics
  • NZ Society Wins Global Award For Fighting Animal Testing
    New Zealand banning animal testing of legal highs has been acknowledged with an award given in London. The New Zealand Anti-Vivisection Society (NZAVS) was awarded the 2014 LUSH Prize for lobbying against animal testing. The prize was given at the...
    Scoop politics
  • Poor govt advice to workers on petrol station drive-offs
    The New Zealand Council of Trade Unions has raised concerns with the Ministry of Business, Innovation and Employment ('MBIE') regarding their reported advice to workers about the petrol station drive away issue....
    Scoop politics
  • New Ombudsman opinion
    The Ombudsman has published his opinion on a complaint concerning the Police refusal to release information about a charging decision....
    Scoop politics
  • Kindergarten support staff achieve pay rise in tough climate
    The valuable contribution of kindergarten support staff has been recognised with a pay increase, despite the significant funding cuts that the kindergarten associations are experiencing....
    Scoop politics
  • Democracy and Conservative Religion: The Case of Islam
    “Is Islam compatible with democracy?” is a frequently-asked question. Recent rethinking of secularism and democracy have opened up new possibilities to think about religion and democracy. This question is important particularly in the case...
    Scoop politics
  • NZ fiscal watchdog needed to guard the public purse
    New Zealand needs tighter fiscal rules and an independent watchdog to improve the quality of government spending and reduce the risk of a return to deficit spending as the country’s population ages, if not before....
    Scoop politics
  • NZSMI disappointed ANZTPA proposal shelved
    November 20, 2014: Consumer healthcare products industry body, the New Zealand Self-Medication Industry Association (SMI) says it is disappointed Government has once again shelved plans to create one medicines regulatory agency for both New Zealand and Australia....
    Scoop politics
  • Democracy Action Welcomes Tauranga Vote
    Responding to Tauranga Council’s unanimous vote not to establish separate Council seats on the basis of ethnicity, Lee Short, Democracy Action founder says: “The establishment of a Maori ward would have damaged the relationship between Maori and...
    Scoop politics
  • Employer caught abusing new ‘teabreaks law’
    Employer caught abusing new ‘teabreaks law’ to exploit workers The government passed the controversial ‘teabreaks’ legislation only a few weeks ago and already Unite Union has caught an employer using this law as an excuse for ill-treating their...
    Scoop politics
  • FGC response to Commerce Commission report
    The New Zealand Food & Grocery Council is not surprised by the Commerce Commission’s findings, given New Zealand’s current legal framework....
    Scoop politics
  • Bascand: Brighter Money
    Seeing people’s initial reactions to the new banknote designs is a heartening reminder of what an important role currency plays in our lives, and what a sense of pride and heritage our notes evoke....
    Scoop politics
  • RBNZ releases Brighter Money designs
    New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year....
    Scoop politics
  • 25 years of children’s rights
    UNICEF and OFC celebrate 25 years of children’s rights with Just Play Sports Days On Universal Children’s Day (20 November) and as part of the Oceania Football Confederation’s (OFC) inaugural President’s Cup, UNICEF will celebrate 25 years of children’s...
    Scoop politics
  • Xiamen delegation to Wellington has business focus
    Stronger business, education and cultural ties with our Chinese partners will be the focus when a 20-strong government and business delegation led by Xiamen Mayor Mr Liu Keqing which visits Wellington tomorrow (Friday) and Saturday as part of the...
    Scoop politics
  • Warriors promote White Ribbon Day message
    Warriors promote White Ribbon Day message Shine and Orakei Health Services On Tuesday, the Vodafone Warriors will promote the White Ribbon Day message to the community at Eastridge Shopping Centre, Mission Bay. The Warriors are supporting their charity...
    Scoop politics
  • Superannuitants to protest unethical investments
    A delegation of Auckland superannuitants will deliver a protest-card petition and protest letter to the New Zealand Super Fund this Thursday afternoon to call on the fund to divest from companies which support the Israeli occupation of Palestinian...
    Scoop politics
  • Manukau job cuts ‘running the place into the ground’
    Manukau Institute of Technology (MIT) confirmed to its staff yesterday that 54 jobs will go before Christmas....
    Scoop politics
  • Newcore Looks Pretty Rotten for Ratepayers
    Responding to the NZ Herald report that the IT system commissioned by Auckland Council to consolidate the eight systems the Super City inherited from its precursor councils could be facing a budget blowout of $100 million, Taxpayers’ Union Spokesman Ben...
    Scoop politics
  • Accountability following quake response inquiry not achieved
    Lessons still need to be learned from the search and rescue efforts following the February 2011 earthquake in Christchurch, a leading New Zealand lawyer, Nigel Hampton QC, says....
    Scoop politics
  • Our kids say: We are failing in our duty to protect them
    Our kids say: We are failing in our duty to protect them More than a quarter of Kiwi kids say children’s right to be safe and protected isn’t being upheld in New Zealand, identifying protection from violence, abuse and murder...
    Scoop politics
  • PARS & Turuki Health Care collaborate on health and services
    Auckland-based PARS (People at Risk Solutions) have partnered with the Turuki Health Care Trust, to offer improved healthcare services to those in need. PARS works closely with former prisoners, providing mentoring, housing, and social services to ensure...
    Scoop politics
  • Children’s Plea
    A plea has been sent to all Members of Parliament, regardless of party affiliation, to accord urgency and priority to children's issues. These issues include vulnerability, safety and childhood poverty....
    Scoop politics
  • Treasury off track in search for sound policies
    Treasury is unlikely to find the ideas it is looking for to improve outcomes for children while its primary driver is cost-cutting, says Child Poverty Action Group....
    Scoop politics
  • Commission calls for answers on handling of CERA harassment
    EEO Commissioner Dr Jackie Blue is deeply concerned about the way in which the State Services Commission has handled sexual allegations made against CERA chief executive Roger Sutton this week and is calling for answers....
    Scoop politics
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