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Selling Mighty River cost you $100m

Written By: - Date published: 7:33 pm, May 9th, 2013 - 157 comments
Categories: privatisation - Tags:

National admitted today that the sale of Mighty River cost around $100m, and that the paltry 2.5% of New Zealanders who bought an average of $8,000 each are not typical Kiwis. The figures themselves are shocking but the politics is really revealing. English didn’t try to avoid the unpalatable failure of asset sales, he was flippant. He is so out of touch he doesn’t see the problem.

Take a gander at Russel Norman’s question to English:

Now, if they spent $100m to get just 113,000 ‘mums and dads’ who aren’t really typical mums and dads ($1,000 taxpayer per ‘mum or dad’), what’s it going to cost to sell the larger Meridian and Genesis, and AirNZ? And who’s going to buy them? Surely, if you have money for a punt on a power company, you would have gone for Mighty River.

Now, you might be asking what else could have bought with $100m. Metiria Turei asked English how many houses it could have insulated. Have a look at his response:

The answer, btw, according to the Greens is 67,000. That’s 67,000 houses we could have insulated for $100m. And with a return on investment of $500m according to Treasury. Instead, National wasted it on a failed asset sale.

157 comments on “Selling Mighty River cost you $100m”

  1. Lanthanide 1

    It didn’t cost me $100m. It may have cost *us* $100m though.

    “Surely, if you have money for a punt on a power company, you would have gone for Mighty River.”

    Why? Just ’cause it’s first? IMO Meridian is better – the Tiwai Point closure might hurt them in the short term, but in the long term they’ll be better off than the other generators since they’ll now be able to sell the same power for more, whereas the others will only sell less power.

    • Colonial Viper 1.1

      You’re really going to wait the 20 years its going to take after the smelter closure for Meridians spare capacity to be absorbed? I’ll put it another way. As a retail investor, you’re ripe to be scammed by the inside knowledge of the institutions..

      • Lanthanide 1.1.1

        Given that the infrastructure is already in place for the Manapouri electricity to be transmitted to the North Island, Manapouri gets a large amount of rainfall, I think it’s more the case that other, more expensive generation will be displaced. Sure, Meridian will also have some excess capacity due to oversupply, but if they’re going from a situation of selling the power at 2c kwh to ~15c, it’s pretty easy to see that their revenue and profits will increase.

        • Colonial Viper 1.1.1.1

          Well, here’s hoping some gutsy future government will regulate the entire market down closer to 2c/kWh

  2. Colonial Viper 2

    That’s just the thing. MRPs poor float performance was not a failure for National’s constituents.

  3. vto 3

    I fail to see why the need for spending this sort of money on sales commission (mostly).

    There was sufficient demand for the government to do it itself. Or even trademe would have been cheaper.

    Why would they not do this do you think? Because it is ‘investmen ‘banks’ that get the fees? Because John Key made his millions with investment banks? Because that’s the way they spread the money around their mates?

    There was no need.

    • Lanthanide 3.1

      “There was sufficient demand for the government to do it itself. Or even trademe would have been cheaper.”

      We have these things call laws, which require things like share floats to be done in a certain way. They were tightened recently after the GFC and debacle of the finance companies. Listing it on trademe wouldn’t satisfy those laws, and likely the government wouldn’t be able to do it themselves either.

      • Macro 3.1.1

        “We have these things call laws, which require things like share floats to be done in a certain way.”

        and yet it costs $100m to do this??

  4. And the bit that will really do your head in is the amount of power that could be saved by properly insulating homes. The Government would be way better on behalf of all of us insulating our homes and reducing consumption. But that would adversely affect the power companies bottom lines …

  5. logie97 5

    Just asking. If every eligible NZ mum and/or dad had registered and applied for shares in the MRP float, would they all have got their wish? Where would an over subscription sit with the philosophy of people being able to participate in the property owning democracy?

    • Ross 5.1

      Logie

      Only 3% of the population applied for shares, yet some mum and dad investors didn’t get what they asked for. Some asked for 2000 shares and got 1600. Then again, if mums and dads believe what their esteemed PM tells them, they really are guillible.

      • Ennui 5.1.1

        Ross. these “ma and pa” investors…they had $8K up their sleeves! Common garden good old fashioned Kiwis investing in their country, lovely soft cuddly grandmas…reminds me of the wolf in Red Riding Hood.

      • Graham 5.1.2

        “Some asked for 2000 shares and got 1600″.
        If they had pre-registered then they would have been allocated the lot. Scaling back for those who pre-registered kicked in above the $15,000 mark.

  6. Tamati 6

    The real cost of the IPO will be apparent when it lists tomorrow. Usually shares are issued at a discount, to ensure that they sell well. In all likelihood, the shares will rise on their first day and the true value of the shares will apparent. The difference between the two prices is the “cost” of the underpricing.

  7. Tigger 7

    I was thinking of bringing a private prosecution against Blinglish and Ryall for selling property that does not belong to them. This was my/our company. They’ve hocked it off. I figure that’s criminal behaviour no different to if they’d sold a police car or stationery from a government office.

    • Lanthanide 7.1

      Everything the government does is on behalf of the public. You’d be just as able to bring a private prosecution against any random minister for spending money on the unemployment benefit.

    • Chris 7.2

      You do know they regularly sell old police cars? I think Turners has the contract (at least they used to).

      • Tim 7.2.1

        They used to give them away too – to those poor Pacific cousins like Fiji – till they realised Turners could flik them a bit of cash instead (even with clipping the ticket).

    • johnm 7.3

      100% right Tigger, they’re a bunch of sleazy white collar crims aided and abetted by the rich minority of money grubbers in this divided land.

      • Tim 7.3.1

        They don’t call it a divided land these days John – it’s ‘dividend’ land.

  8. Yes 8

    You guys talk rubbish

    [let me guess, your argument's so powerful that it's not necessary to explain it.Eddie]

    • Hayden 8.1

      Sweet argument bro.

    • Yes 8.2

      Explain what? Govt sold 49% of a state owned asset and 1.6b into future development. Labour under Clarke and Cullen squandered our wealth and surplus and let’s not forget the multi billion dollar bill from ACC. National has done a great job and while I accept people migrating is more than I would like people move. You can’t tell people what to do.
      If you guys should back and reflected for a moment and said where are we now compared to where we we say 5 years ago I would be pretty positive. Whether a left wing government gets in or not national has set up the foundations for a strong economy. Give them some credit. I just think you guys talk continued rubbish on here.

      • Colonial Viper 8.2.1

        Uh, want a strange and twisted recollection you have

        And selling profitable family assets to pay for day to day running expenses is sorta stupid, yeah?

        • Yes 8.2.1.1

          Ummm labour NZ power plan is zero based profit formula so you are wrong

          • Colonial Viper 8.2.1.1.1

            A zero profit formula?

            If there are going to be zero profis, why did lots of international financial institutions buy into MRP?

            • Yes 8.2.1.1.1.1

              Because their model says take away the super profit under NZ power and give back cheaper prices. Isn’t that stealing. The people who will benefit most under NZ power will be the rich and companies which the owners will get more money. Have you read whale oil, kiwiblog, the owl and the nbr

              • Colonial Viper

                It’s such a shame that the investor classes won’t get their super-profits. Super-profits they steal from ordinary NZers by systematic over-charging. I guess the investor classes will just have to settle for average profits eh.

                Have you read whale oil, kiwiblog, the owl and the nbr

                You have to be kidding, seriously.

                • Yes

                  Yes read lots of people’s view national voter I declare but MRP has got me very interested. Convince me

                • Colonial Viper

                  It’s really a simple idea: MRP is a wealth pump. Originally 100% owned by the NZ government, it took money from households and businesses all around the country and pumped it into Treasury.

                  Now, 49% of that wealth pump has been sold to foreign institutions, and a small number of wealthy NZ investors. Instead of Treasury collecting 100% of the monies from the wealth pump, 49% of the monies goes overseas and into the hands of a small number of already rich people.

                  • Yes

                    Only 13.5% is overseas investment..kiwisaver has more money than that in overseas investment – why don’t you complain about that.

                    • Colonial Viper

                      That’s 13.5% too much. And why should ownership of a public good be concentrated in the hands of a few rich people?

                      kiwisaver has more money than that in overseas investment – why don’t you complain about that.

                      Because those investments pump money back into NZ. That is good for the country.

                      You still don’t get the difference between a wealth pump emptying out the country and one which pumps wealth into NZ, do you?

            • Yes 8.2.1.1.1.2

              But wait you are stealing other people’s wealth from other countries under kiwisaver…we as a country are doing the same. Your argument is flawed

  9. tc 9

    ‘He is so out of touch he doesn’t see the problem’ should read he knows what the problem is, he just doesn’t give a F.

    • paul andersen 9.1

      no, he is out of touch. english still thinks it;s the nineties ,and he is still praying to an old black and white photo of ruth richardson.

      • Colonial Viper 9.1.1

        Quite wrong, English is certainly not doing that. If you think he is, you haven’t picked up on his fiscal management style at all.

  10. Saarbo 10

    That is an interesting point that English made at 5m.30 s in the second clip, he reckoned that Contact and Trust Power share prices are at a lower price now that they were 5 years ago. I guess utility stocks tend to be dividend stocks, so they don’t necessarily go up a lot over time but this is still good fodder to scare the 2.5% away from the next share floats…Bill better be careful what comes out of his mouth.

  11. Ed 11

    There was a lot of consultancy cost before the asset sales process – which may or may not have been included in the answer from the Finance Minister . . .

  12. RJLC 12

    Great performance by Labour.

    Not.

    It’s clear who are the real opposition.

  13. Tim 13

    I’m no expert by any means, but one of the reasons people invest in the share ‘market’ relates to the fact that shares are a tradable commodity yes?
    I also notice that share trading is fairly regularly suspended at various times – often because of ‘uncertain’ situations and at the request of companies involved.

    There are a host of reasons why trading in MRP shares might be suspended – and for quite a long period of time.

    • Colonial Viper 13.1

      Retail investors in the share market are lambs to the slaughter nowadays. High speed automated trading algorithms (high frequency trading) has completely screwed the market and allows large trading institutions to direct the market upwards or downwards at will.

      • Tim 13.1.1

        Agreed re hft – which is why the whole concept of the ‘free market’ is just such a load of tosh.
        I was thinking more along the lines of first steps towards returning things to public ownership when we finally get a new gubbamint.

        • Colonial Viper 13.1.1.1

          Well, in that case you don’t actually want MRP share trading to be suspended, you want the share price to gradually decline and for the govt to start picking up large parcels of shares at a significant discount.

  14. Swan 14

    Norman is looking a bit beaten and desperate isn’t he. I guess we’re not pleased, are we Clint?

    • infused 14.1

      He always does.

      • felix 14.1.1

        Funny, you’d think he’d be stoked. According to English, Key, and the share-buying public, he’s on his way to the Govt benches.

        • Swan 14.1.1.1

          I think $2.50 a share means the market has the Nats out in front by a nose.

          • felix 14.1.1.1.1

            Then I guess you don’t know much about markets.

          • Te Reo Putake 14.1.1.1.2

            The market didn’t set that $2.50 price, Swan, the Government did. We’ll see what the market thinks later today.

            • Ennui 14.1.1.1.2.1

              Leads me to think dark thoughts that the raising of cash was highly secondary to the sale of shares to their mates (Nat voters, corporate funds etc) at a very cut price.

            • Swan 14.1.1.1.2.2

              Unless the govt chose to sell at a discount (in which case the market was picking even better odds for national), then yes the market did effectively set the price. National couldn’t sell them at an inflated price or no institutions would have bought them. The institutions bid.

            • dumrse 14.1.1.1.2.3

              And your answer is………..peaked at $2.72. Govt 1, Labour….fuck all.

              • One Anonymous Knucklehead

                2.85% is pitiful: a vote loser.

                • Colonial Viper

                  Don’t forget the $60 brokerage commission on selling…basically means someone who owns 1000 shares of MRP makes fuck all, as expected only the brokerages and bankers make the big money.

          • paul andersen 14.1.1.1.3

            no , the nats have got their noses in the trough.

        • infused 14.1.1.2

          http://www.youtube.com/watch?v=LMkDnuySfzo looks tired and defeated.

          • Arfamo 14.1.1.2.1

            The clip title’s mis-spelled. It should say “English – Sludge of the Day“.

  15. Ross 15

    What’s interesting that some mum and dad investors, those investors who, according to John Key, were the “number one priority”, had their shares scaled. Some investors wanting a mere 2000 shares received only 1600. Clearly, insitutional investors were more important than the mums and dads which Key banged on about.

    http://www.nbr.co.nz/article/govt-details-mighty-river-share-allocations-refunds-nz-individual-investors-ck-139904

    http://www.interest.co.nz/news/58248/new-zealand-mum-and-dad-investors-number-one-priority-pm-key-when-it-comes-soe-share-allo

    • Alanz 15.1

      ‘Well done’, John Key! Our trusting and honest mums and dads are getting played by him. Well and truly done by John Key.

    • felix 15.2

      Didn’t Key and English explicitly promise that everyone who wanted 2000 would get 2000? And that scaling would kick in after that?

    • xtasy 15.3

      “Mums and dads” as “investors” are just the convenient “pawns” in a larger game, that is! Most cannot afford to buy such shares anyway, that is the issue of concern here.

  16. andy (the other one) 16

    Just heard Brian Gaynor on radio, and he said the Institutional investors do not settle on MRP shares until next Wednesday 15th May

    So the Govt does not even have the money in the bank. They get to trade shares and possibly make profit for nothing.

    So we have effectively given them a interest free loan for 3-4 trading days so they can try and extract profit, while the Mum and Dad investors had the cash taken in April.

    Talk about great odds for the institutional investors, as expectations are for a rise in value at the start of trading.

  17. TheContrarian 17

    “Surely, if you have money for a punt on a power company, you would have gone for Mighty River.”

    Not necessarily true at all. I have the money and didn’t as I am waiting to see what happens with MRP first. I know plenty of others in the same boat.

  18. Neil 18

    Remember, 113 000 NZers took up shares. Out of 400 000 who registered this is still 25%. After all, it took nothing to register. This time you had to write a cheque out or have the dosh in the bank.
    Ordinary NZers, I’m one who has saved hard, was a teacher, invested carefully and am now enjoying the fruits of MY labour. I have taken control of MY destiny like many other senior Kiwis NOT waiting for the golden goose Labor/Greens to give me an illusionary $300 savings in power.
    A last comment,any politician promising you to give you money is in most cases a snake oil salesman dressed up in a smooth suit and white shoes.

    • xtasy 18.1

      “I have taken control of MY destiny like many other senior Kiwis NOT waiting for the golden goose Labor/Greens to give me an illusionary $300 savings in power.”

      This is the exact proof I need for stating once again, NZ is a divided country, and it is so, by the design and interest of those that are better qualified, better equipped, that have more resources, that likely had a much easier head start than others, that ended up getting FREE university or other TERTIARY EDUCATION, that could sell their acquired skills for nice salaries every year, that did well despite of Rogernomics, and that do NOT REALLY CARE at all for those that do not meet their social class and circles.

      And for that sake, being rather social and whatever, I have not that much time for many teachers, as you are a prime example of the “professional class” that only sees their own entitlements, and consider others as less worthy for whatever judgmental cause.

      It is despicable to even make such comments as you made.

      YOU are UP THERE, UP Y-self, I suppose, and the rest bloody learn to work harder, right? So you must be pleased with the present government introducing new youth rates at $ 10.80 an hour for many aged 16 to 19 in supermarkets, fast food outlets and more.

      Enjoy your burger and smiling checkout operator working for shit pay to keep your trolley and stomach full!

  19. Neil 19

    Ross made the comment that people who had applied for $2 000 of shares had theirs scaled back to 1 600. How convenient that Ross did not add that was because those people had not pre-registered,. If you pre-registered you either got the full amount or one quarter extra.
    Tell the whole story !!!

    • Ross 19.1

      Neil,

      I said that some buyers had had their allocation scaled. They were buyers who has bought only 2000 shares. You will recall that your beloved John Key said earlier this year:

      “What we’ve said is, when it comes to Mum and Dad, if they want to buy 1,000 shares or whatever it might be, I want to make sure that they get their allocation, they’re not scaled, and they’re at the front of the queue,” he said.

      That seems pretty unequivocal. Why did some mum and dad investors – buying a measly 2000 shares – get scaled in favour of institutional investors?

  20. Rich the other 20

    Wake up to green/labour , truly dangerous.

    By the end of the day a reliable calculation of how much the green/labours attempt at economic sabotage has cost hard working NZ tax payers, it’s starting to look like .30c per share.

    They are about go into hiding.

    • Winston Smith 20.1

      Its funny, if the Greens (lets face it Labours doing nothing) had done nothing then the price of the shares would have been higher and the govt would have gained more money but instead the Greens wasted a whole bunch of money, the govt got less money and I gained more shares…

    • framu 20.2

      “a reliable calculation”

      care to show us the maths on that one?

    • Colonial Viper 20.3

      RTO serves your crew right for trying to financialise core NZ infrastructure.

      Best thing is to depress the MRP share price so that it can be renationalised at half the cost.

    • Rich the other 20.4

      $ 2.69 and $45 mill in sales as at 12.46.

      ..19c per share above issue price.

  21. mikesh 21

    Loks like a good day for the stags. According to the “depth” the buying offers range from 2,59 to 3.20.

    • Colonial Viper 21.1

      Bet you that sweet f.a. volume will move above 3.10

      They just put those top bids in there to make the market look good

  22. kahu 22

    MRP up 20 cents! Terrific, a nice little profit. Thanks National!

    • Yep 30 minutes after listing about 25 million shares have been sold in the range of $2.67 to $2.73 per share representing a cool profit in the vicinity of $5 million. And this just the first day …

      Imagine how much NZ Inc is going to lose over the next few decades …

      • King Kong 22.1.1

        Why? NZ Inc already got out of the thing at $2.50.

        Can’t sell the rest so why does NZ Inc give a shit where the price is.

        • QoT 22.1.1.1

          I do love how you say “NZ Inc already got out of the thing” like MRP was a bad deal … while arguing against the idea that the increase in its price shows it’s actually [now] a desirable commodity.

  23. kahu 23

    Easiest money I’ve ever made. Now to go spend it and further help the economy! The wonders of privatization eh?!

    • aerobubble 23.1

      Remember English rushing to London to stop a rate hike on NZ. How he sat down with a bunch of neo-liberal bankers, and I’m guessing promised to increase the size of the share market in order to give tax cuts to the wealthiest, etc. National is the classic bend over to the great Thatcherite experiment that has left NZ economy hollowed out, ready to raid by Chinese investors and leaving farmers and home owners heavily indebted after pay over the top bubble prices for real estate.

      Oh, how you loe the trickle down, you mug, you’re being paid off with funny money, the world is awash with the stuff, our currency is heavily over priced because the US and Japan are printing the stuff, that is directly coming off the top of our exports.

  24. tsmithfield 24

    Does the left believe that babies and children should be able to buy shares?

    When the figure of “just under 3%” is quoted, it is factoring the number purchasing shares against the total population of New Zealand. Along with those who have money to invest, the figure for the population also includes babies, children, families where shares may have been purchased by the partners together, and deadbeats who’s idea of an investment is $20 on a tinnie. So, a large proportion of the population wouldn’t have been able to buy shares no matter how good the deal.

    If the percentage was quoted as a percentage of those who could afford to invest and could legally do so, then it would be substantially higher than 3%

    • Hayden 24.1

      Does the left believe that babies and children should be able to buy shares?

      Children can buy shares, or at least can have them bought for them.

      Here’s a press release talking about it, specifically in regards to MRP.

    • xtasy 24.2

      tsmithfiled: Well every New Zealander should have shares, babies included, as the power companies were so far SOEs, owned, managed and operated by the state, for all of us.

      Every New Zealander should have a stake in everything that affects the whole of society, that is of importance and crucial to run and manage in this society, and having such stake-holding, that would make people feel to be part of what goes on.

      Putting ownership and controls in a few hands, and leaving the others out, that creates divisions, which exactly lead to some feeling worthless, disowned and disempowered. so a tinnie is the artificial side kick they allow themselves to feel a bit better, just for a short time.

      And the biggest problem with that is, there are some “capitalist” minded jerks taking advantage of them also, be they gangs, be they corrupt police officers, be they growers that sell for unreasonable profits and what else there is.

      Your arrogance is unsurpassable accusing those that are disowned and disenfranchised as “dead beats”, while you sit in your cosy armchair in your home in Remuera, Kohi, Epsom, Parnell or wherever else, and frown on those that sit outside in the cold, in damp homes and that have to run around proving to employers they can justify getting paid, or to WINZ they have done all to keep them paying them a meagre benefit.

      Shame on you, you divider of your own nation!

  25. tsmithfield 25

    If you want to use the line of argument that children count because shares can be purchased on their behalf, then you would also have to accept that members of kiwi saver funds that have purchased MRP shares also count. So, again, the figure would be much higher than 3%.

    • Hayden 25.1

      And if the NZ Super Fund bought some shares, then 100% of us did too! Magic!

    • Ross 25.2

      It’s not much higher at all. Even excluding kids, the take-up rate is no higher than 4%.

      • tsmithfield 25.2.1

        Are you thick or what? You didn’t even read my post by the looks.

    • One Anonymous Knucklehead 25.3

      TSmithfield: do the numbers then, or are you afraid it’ll mean 3.2% rather than 2.85?

  26. tsmithfield 26

    Just taking your own argument to its logical conclusion. Not saying I agree with it. :smile:

    The fact remains that there would have been a large proportion of the population, who for one reason or another, were unable to participate in the share float even if they wanted to.

    So, it is fallacious to claim a percentage uptake based on the whole population.

    • Hayden 26.1

      Learn to use the Reply function, for fuck’s sake.

      The fact remains that there would have been a large proportion of the population, who for one reason or another, were unable to participate in the share float even if they wanted to.

      And this is a good thing? I thought this was about the average “mum and dad” investor.

      • tsmithfield 26.1.1

        You need to read the last word of what you have just typed. There are a lot of “mum and dads”, but there are a lot less “mum and dads” who are in the position to be “investors”.

        • Hayden 26.1.1.1

          Given that you’ve only just learnt that children can own shares, I think I’ll look after my own education, thanks. No one’s interested in your semantics.

          • tsmithfield 26.1.1.1.1

            Maths obviously isn’t your strong point.

            • Hayden 26.1.1.1.1.1

              I’ll give you credit; most people, having dropped a clanger like

              Does the left believe that babies and children should be able to buy shares

              would have just slunk away quietly, yet here you are blithely carrying on as if you’ve just made, personally, the frankly fucking startling discovery that not everyone has $2000 with which to buy shares. How that relates to “maths” isn’t quite clear, but here’s an idea: you go away, find out exactly how many New Zealanders have the wherewithal to purchase the shares and then come back with another percentage.

              • tsmithfield

                And you continue to mis-represent what I said, and what you said yourself.

                I said that babies and children couldn’t buy shares. You pointed me to an article that said that others could buy shares on the behalf of their children. That is an entirely different scenario. I actually included your scenario in my opening statement when I referred to partners purchasing shares on behalf of their families.

                I countered your argument, but you don’t seem to be able to realise it.

                You definitely have a problem with reading and comprehension.

                • Hayden

                  Actually, you originally said:

                  When the figure of “just under 3%” is quoted, it is factoring the number purchasing shares against the total population of New Zealand. Along with those who have money to invest, the figure for the population also includes babies, children, families where shares may have been purchased by the partners together, and deadbeats who’s [sic] idea of an investment is $20 on a tinnie. So, a large proportion of the population wouldn’t have been able to buy shares no matter how good the deal.

                  Anyway, you can bet your pimply arse that every name on the ownership list has been counted individually, so who actually bought the shares for whom is irrelevant.

  27. Kiwis that had courage made some money today, they’re the ones that didn’t listen to the fear tactics of the greens and labour.

    • Arfamo 27.1

      Kiwis who are happy to price-gouge their less well-off compatriots made some money today. Probably they’ll make more money for themselves selling their shares off to foreign buyers next.

      • Winston Smith 27.1.1

        Nope we’re patriots keeping NZ assets in NZ hands

        • Arfamo 27.1.1.1

          You’re economic & social predators, like Key and Shipley et al. Stop kidding yourself.

          • Macro 27.1.1.1.1

            +1000

            Pariah’s….

            And before anyone accuses me of envy – I have a spare $1/2 m sitting in the bank. I would never touch these “shares”. They are not mine to own – nor are they anyone else’s. They belong to every person in NZ, and that includes the little girl who lives over the road.

            Those who “bought” just stole out of the hands of children.

        • Hayden 27.1.1.2

          Which is it? Either you made some money selling it, or you’re holding it in a nice patriotic fashion. Because the only way anyone made money off it today was by trading it.

    • xtasy 27.2

      Brett Dale – Kiwis that would have courage would take it off you without any compensation (re-nationalise it) and get you working in the trenches, to get your hands dirty, like real workers do every day!

      It takes NO courage to follow the easy way of all others, who follow a rotten system that rewards those that have to make more of it with little effort, by having others do the hard work, to pay them the dividends and profits.

      Sucking blood out a stone you may try, there will be limits to what your MRP company will be able to suck out of the average power consumer, and you will learn the hard lesson one day soon!

  28. Appleboy 28

    Hey TSmithfield

    4.4 million people in NZ

    let’s say less 25% (NZ Statistics site info says 23% of people are children under 15)

    what percent is 113,000 of 3.3 million?

    I’ll tell you …it’s 3.7%

    Close enough to make you a prat who doesn’t know what he’s talking about

    • tsmithfield 28.1

      Moron.

      If the government was selling investments in MacDonald’s franchises there would be a substantial proportion of the population that wouldn’t have the money for it. So calculating a percentage on the basis that includes the people that can’t afford to make any investment is totally erroneous.

      The percentage of investors should be calculated on the basis of the pool of investors who can afford to invest the equivalent money in something. If calculated on that basis the share up-take would look very good.

      • Lanthanide 28.1.1

        The percentage of investors should be calculated on the basis of the pool of investors who can afford to invest the equivalent money in something. If calculated on that basis the share up-take would look very good.

        Nah, it wouldn’t be that different. The minimum investment was $1,000. Anyone who owns an asset worth $1,000 or more, such as a car, or a house, could have invested in MRP. For the majority of people, it would be an utterly inane decision, but the threshold you’ve described is really quite low.

        Hell, people could have taken $1,000 cash advances on their credit cards and used that to buy MRP shares.

        Therefore, you threshold of “people who could invest equivalent money in something” is so low as to be meaningless.

        So instead of excluding 25% of the population ’cause they’re children under 15, let’s exclude 40% of the population, on the grounds that most people would have been able to scrape together $1,000 in some way, no matter how inane or stupid that decision would have been. That gives us 4.3% take up (113k / 2.64m).

        Pretty lame, Milhouse.

        • tsmithfield 28.1.1.1

          You’re contradicting lefty dogma there, Lanth.

          According to lefty dogma the vast multitude can hardly scrape together enough to buy a loaf of bread or give their kids breakfast. So, on that basis $1000 would be too rich for a large proportion of the population.

          • Puddleglum 28.1.1.1.1

            Hi tsmithfield,

            By far the more important question (and calculation) is ‘what percentage of eligible voters took up the share offer’?

            After all, the percentage of ‘investors’ who took it up is politically unimportant, especially if we assume that a large proportion of actual or potential (i.e., those inclined and able to invest) probably tend to the right.

            • tsmithfield 28.1.1.1.1.1

              Hi Puddlegum. What we are talking about is conditional probability.

              Given that x number of people had the financial resources to invest, which percentage of those actually did so?

              All that Lanth and I disagree on is the value of x.

          • Colonial Viper 28.1.1.1.2

            Nah, Lefty dogma is that the top 2% need to have their wealth redistributed out.

          • felix 28.1.1.1.3

            “According to lefty dogma the vast multitude can hardly scrape together enough to buy a loaf of bread or give their kids breakfast. So, on that basis $1000 would be too rich for a large proportion of the population.”

            But Key said this was something all kiwis could take part in. Are you calling him a liar?

            Lanth is right. Anyone with more than $1000 equity could potentially have bought shares. Whichever way you slice it, almost all of those people decided not to.

          • Lanthanide 28.1.1.1.4

            No, not contradicting ‘lefty dogma’ at all.

            ‘Lefty dogma’ says that people don’t earn enough money to live a decent lifestyle. My example here underscores that: people with cars could sell them, to get $1,000 to invest. People with houses could sell them, to get $1,000 to invest. People with credit cards could take $1,000 out on cash advance to invest.

            These decisions would be utterly stupid and insane for the vast bulk of the population, but the point is, THEY COULD HAVE DONE IT if investing in MRP made sense for them. It doesn’t, so they didn’t.

            I’m just pointing out how stupidly low your threshold was, and that even discounting 40% of the population (largely comprising children, and then those without any assets at all), it hardly makes the uptake figure look any better.

            Thus highlighting the fact that you’re spinning a shit take-up rate. Even if you cut the population down to 20% (say top 20% of earners, who are likely to have disposable income), the takeup rate is still only 12.8% out of those remaining – 13 people out of every 100, even you only include the top 20% in the country.

      • xtasy 28.1.2

        tsmithfield

        According to your kind of logic, one may argue, that the percentage of voters that voted for the National Party last election should be calculated also on the basis that includes ALL the people that can and are entitled to vote, perhaps, right? So where then is your “majority” to justify stealing the state owned shares off the people representing the state owning them?

  29. dumrse 29

    I don’t see any updated analysis from Eddie today……. Cat got your tongue ?

    • One Anonymous Knucklehead 29.1

      2.85% buy-in. Feeble.

    • xtasy 29.2

      You chose the appropriate name and I sense you are pleased with what people think of it. As for commenting on an author and contributer to this forum, in this manner, one could ask similar silly questions of you.

  30. tsmithfield 30

    Here is how lefty logic works.

    1. Only 100 people in NZ have enough money to buy a Ferrari.
    2. Out of that 100, 20 actually by a Ferrari.

    Lefty conclusion:

    Look at the terrible job Ferrari has done marketing its product. Only 20 people out of 4 million in NZ purchased a Ferrari.

    • Arfamo 30.1

      And that’s how wingnut predatory logic works. Invent a completely irrelevant and ridiculously inapposite analogy and falsely claim that’s what your opposition is saying.

      • tsmithfield 30.1.1

        Its just demonstrating the stupidity of the lefty argument by posing an extreme example to make the point. This analogy varies only in degree, not in principle.

        • Arfamo 30.1.1.1

          No it’s demonstrating you hate people with a social conscience to such an extent you’ll make up any lie to besmirch them. But if you’re a National supporter that’s completely understandable and to be expected.

          • tsmithfield 30.1.1.1.1

            Maths definitely doesn’t seem to be the strong point with lefties.

            • Arfamo 30.1.1.1.1.1

              Avarice is certainly a strong point with you right-wingnuts.

              • tsmithfield

                Na. What it is actually called is conditional probability. The problem with the lefty analysis of this is that they have completely over-looked the conditional part of it.

                Take a look at Lanth’s response to me above. I disagree with him in terms of emphasis. But we agree on the principle of the argument. Lanth is a lefty I respect because he is able to grasp these sorts of concepts.

                • David Jones

                  I actually have a Ferrari albeit an old one (and an Aston Martin, a Mercedes-Benz and 3 Ducatis,) but the gain I’ve made in MRP shares mean I could either fuel them all up on the first day of the IPO, or take the long view and hold shares until they get me my next car or bike I want. I’m taking the long view and aiming for a vintage car next like a Model T. MRP capital gain will pay for that.

                  • xtasy

                    David Jones, in a country, where ancestors were happy to go to war for some colonial Mother(f**er) land and get themselves killed and incapacitated or whatever else, and where that is held in high honour here, where division amongst the populace, brainwashed by commercial advertising and dumbing down media, is rampant, where it is selfishness galore, where everyone I see and know is only after their own pound of flesh, you will likely succeed, as this is a country of yours full of suckers and cowardly losers.

                    So I congratulate you, you are successful to pull the wool over the rest of your compatriates, outside the fenced off area or gated communities that is, you are doing well, really well!

                    They are so dumb and useless here, you do not even need the army or full police force to protect you from your blatant, rude selfishness.

                    • David Jones

                      WTF? Are you in a secure unit? I hope so.

                    • xtasy

                      David Jones – I suggest you consult the “secure unit”, given your instability and insecurity just shining through your silly response. I tried to do you a favour and compliment you on your self ar(you)seholedness, but you seem to think this is all just a fun game, to crap on most of society while you shit on them and have fun.

                      There are some they would love to “embrace” you (and more) for a haagi! They “love” your flavour, mate, keep it up.

                    • David Jones

                      Jesus wept. And this is Labour in 2013. Fuck me.

                      [lprent: This isn't a Labour party site. Many commentators here don't support the NZLP. Many are even from the right. So long as they offer interesting opinions and follow the site rules we tend to let commentators rip.

                      Read the about and policy before commenting again because being a complete ignorant fuckwit who is too stupid or possibly incapable of understanding that you should read the local ordinances before making a complete dork of yourself tends to attract my attention.

                      It also indicates someone as being incapable of providing value to the comments section because they are more interested in jerking off in public rather than using their brains. Gets kind of boring listening to yet another testosterone driven braggart. If that is what you want to do, then you should try Whaleoil's site which is where those posturing fools hang about, ]

                    • felix

                      No David, you are mistaken. The Labour party website is called redalert.

                  • Te Reo Putake

                    If TS ever felt the need for a Pseuds Corner, can I nominate David Jones? That opening sentence is breathtaking in its pomposity.

                    • David Jones

                      Tsmithfield started it, but what’s your point?

                    • David Jones

                      Fuck me, you lot are weird. I’m not sure what xtasy’s problem is, but I suspect the answer lies a lot in that nickname. Watch out for those grinding teeth dude.

                    • xtasy

                      TRP, excuse me, but I think what the point is that some here have is with TS (Tsmithfiled) that he or she comes with arguments that do not convince.

                      For instance arguing only those capable of, or having the dosh to, who can buy such MRP shares, should be considered for comparative percentage calculations of who “bought” shares.

                      On that argument we may as well argue, what “majority” did John Don Key get as member and leader of his grandiose National (Natzi) Party to win the election and the “mandate” to sell what is state (and therefore socially) owned?

                      If you look at the ones who “can” afford to buy such shares in MRP, you must treat elections the same way, as to who “could” vote and were legally “entitled to” vote. As there was sadly the large abstention, that means Nats and allies did NOT get a majority of the VOTE to form a government with full and wider support, and certainly did NOT get the mandate to sell the half of shares of SOEs.

                      So I am awaiting David Jones’ and other’s arguments, which I think already, has not even a weak and sick fly’s leg to stand on.

                    • xtasy

                      I have just got a new entrepreneurial idea: I will “invent” a Ferrari Coffin, that will suit the rich pricks with previously high testosterone levels, who want and equally fast “driven”, “hot” and elite funeral, out of the ordinary. Thank you David Jones, for giving me the incentive and ideas to start a NEW successful business in Key’s Promised Land of Aoteaora! Great, unbeatable!

                    • xtasy

                      The Ferrari coffin idea was not meant to drive someone to an early grave, I apologise, if that has happened in the meantime, I though claim that I am NOT responsible. I do not want to stop any expedient departure that is expected by higher powers, but apart from that every one is their own master of fortune, for sure this applies especially for the rich pricks like David Jones and ilk, who think they have a special right, can frown on others and deserve a better and cleaner coffin than others. Excuse me, I expect egality, equality in English, and more fairness and respect for all, dear folk!

                    • David Jones

                      Oh come on, bet ya you wanna take one from my garages out for a drive round the bays, or do you really prefer the bus?

                    • xtasy

                      Davinci Jones – I prefer the rollin coffin, for sure, with heated bottom cushioning, and then racing down Tamaki Drive with you in the side car, that will make my day. No need for a stupid old car or a bus there, right?

                    • xtasy

                      David oooh dear, I knew someone exactly like you, who also admired STASI as the best secret service there ever was, apart from Mossad that is. You got your pullover well knitted with the right knitwear! Excellent, we can become a team really!

                • Arfamo

                  The fallaciousness of your analogy is not with your maths. It’s with your ridiculous conclusion that all those “lefty”s opposed to the sale of state assets are now critical of the government for badly marketing the sale. Which is self-evidently daft.

                  • tsmithfield

                    “It’s with your ridiculous conclusion that all those “lefty”s opposed to the sale of state assets are now critical of the government for badly marketing the sale.”

                    I will stop making sweeping generalisations when all those here stop doing the same (eg RWNJ and the like).

                    So, other than for the fact I have made a broad generalisation, it appears you agree with me, in principle at least.

                    • Arfamo

                      I agree in principle you are enjoying an irrelevant pinpricking mathematical debate about the treacherous decision by this morally, economically & socially destructive government to sell a portion of a publicly owned utility which previously returned 100% of profits to all NZers as ongoing government revenue, and which will now return considerably less ongoing revenue and, if all utilities are privatised, will result in further price increases simply to feed predatory, morally bankrupt private domestic and foreign investors, and further impoverish the disempowered middle to low income earners in this country.

                      Our economy grew under the last Labour government. The whole of NZ and the economy was benefiting from its prudent tax and investment policies. By comparison, the Natzy’s regressive neo-liberal policies of massive tax reductions for the wealthy (with basically zip for the bottom end), and increased GST & indirect levies & taxes, are continually eroding the living standards of low and middle wage earners, while having zero negative impact on those with high incomes and assets and access to subsidised legal tax shelters.

                      Then there’s the ongoing job losses across sectors, benefit cutting, endless repeater media-assisted demonisation of those driven into poverty and benefit queues, ideologically-driven dumb blunt-axe slashing of government staffing and services when they now simply have to rehire many they’d sacked,(http://nz.news.yahoo.com/a/-/top-stories/17101074/extra-biosecurity-staff-calls-into-question-earlier-cuts-psa/), reductions in employees’ wages and bargaining power, and the horrendous offshore borrowing the Natzy’s embarked on to paper over the massive hole their badly-miscalculated tax cuts gouged in government revenues. All these rort and ripoff policies are now well documented, here and overseas, as likely only to further impoverish the less-well off sectors of our society, whilst massively enriching the already wealthy who only see other people as “assets” – suckers to be exploited.

                      John Key and the Natzy administration are governing for the benefit of themselves and the top end of town at the expense of the remaining citizenry. That is simply not what a democratic government should be elected to do. A country is not a fucking corporation or an investment bank. The electorate needs to wake up. So do opposition parties.

    • Colonial Viper 30.2

      Well, given that expectations were for 400,000 Ferrari sales, 20 seems pretty shit

    • xtasy 30.3

      tsmithfiled: Twisted logic, I must say. A true lefty would ask why there would be any need or justification to buy a Ferrari, being an extremely gas guzzling racing vehicle, being totally uneconomical, and clearly built either for just frivolous or commercially run racing – for the sheer, selfish indulgence of some self-focused, single minded, testosterone driven drivers, who just want to get their “kicks”, disregarding any sense for using their capital and resources for more sensible, efficient and effective modes of transport investment.

  31. felix 31

    I don’t know what all the whinging is about, it’s all gone according to plan.

    The richest 2.5% just got a bit richer and everyone else got fucked.

    • xtasy 31.1

      Exactly, felix, it was all so damned predictable, and it is what is going on day in and out in this country and all over the world. It was only due to the opposition having made this such a big issue, also an emotive one, that so many got all worked up about it.

      There are so many other examples one can take and raise issue with, like public transport ownership, like water supplies, like ferry and train operation and who runs it, like ports, like airports, like this that and the other, and most is now run by private enterprises, by partly owned private investors and otherwise public investors, by a mix of interests, and we have moved so far, this is just another step down the same way, to enable “investors” that have money to put onto the monopoly board, to play with us, to make themselves richer, to allow a few others to participate as small but insignificant share-holders, all designed to divide and rule, to turn more into mere modern day landless peasants and slaves, to work hard and harder, to afford the profits of the few that hold the bulk of ownership.

      Key is a prime player in this, and he and his dumb-wits in National follow him to turn this country further into another little America, that is with a dream for most, that they will never realise, but the selling of the dream is as cunning and successful as selling the same in film format, as done by Hollywood film and entertainment production enterprises.

      They have their “American Dream”, we get sold the “Kiwi Dream”, of perhaps one day striking it lucky also, or at least work hard, harder and yet harder, to save morsels, to one day bake a big cake from. Hah, what a sick joke it is.

    • Colonial Viper 31.2

      I really enjoyed the experience, didn’t you?

  32. xtasy 32

    Kiwi “mum and dad investors”, yeah right, and there are a vast diversity of such mums and dads, also a growing number of singles and couples without children in this country, most of whom would not have the spare bit of “cash” to buy such shares with. So it doomed on many that they could not really afford the shares, after preregistering for them, hence they did not buy any in the end. Only about 26 or so per cent of the preregistered prospective buyers actually signed up to go ahead and buy shares.

    I actually doubt that the “fear” of the NZ Power proposals by Labour and Greens really was the main reason for the numbers to have dwindled down to 113 thousand. Many may also have preregistered, just to get papers to look at what is involved, or to even have the government on.

    I also would not be surprised that there were a fair number of people who signed up for the petition to hold a referendum on the partial asset sales only did so, because they were actually pro government, or indifferent, and signed with fake names, signed twice or more times, or did fail to put in other details, just with the intention to sabotage the referendum efforts.

    Having watched Parliament’s Question Time yesterday was a revelation, about how much spinning and manipulating is going on, and I must say, it is also attempted from the opposition side.

    It is a tiny percentage of New Zealanders who bought shares, who own shares anyway, who have the spare funds, and they are likely to be in their majority Nat voters, ACT voters, other right wingers and self serving upper middle class members, of the ilk like David Peter Farrar (“fart….), who expressed his great excitement about his registered interest, when the price of $ 2.50 per share was announced.

    This is all just more of the same old agenda, of divide and rule, to concentrate the ownership of the assets, shares and property in this country in a few and ever fewer hands and pockets. No surprises, but the mainstream media present it like Joe Average just hit the lotto jackpot, so that must be so goooood and well deserved!

    Or auntie Jane who went to the casino for a night and hit it big, ooh yeah, hooray, wonderful, right?

  33. Green machine UpandComer 33

    self serving upperclassmen?! $2000 in the bank. My mates Dad has 11 kids he fed with his wife looking after them all at home (willingly) while he worked as a janitor and non-union mechanic. He’s bought $5000 worth of shares and is buying more in the next run because he’s sick of inflation eroded bank percentage earnings on term deposits and savings accounts. I’ll have to show him this bloody site so he can read the comments and laugh his head off at being part of the Tory upper class greed merchant Right wing vast conspiracy bankers conglomerates or whatever the hell you are bleating about today. He’s the voter and the reason why the nats are in govt, you guys are from some odd planet.

    • felix 33.1

      What’s a janitor?

    • Colonial Viper 33.2

      So he has not problem with increased money flows going to overseas investors just as long as his family is OK?

      Good to know.

      BTW if this guy has $5K to splash out on this share float, it suggests that he has an investment portfolio of at least $100K.

      Which puts him in the top 10% of NZers.

    • xtasy 33.3

      The few people that I ever met in New Zealand that had around 10 or more kids tended to be mainly religious nutters, who’d fall for any nonsense indoctrinated into them. So let me guess, is he one of such?

      As for him “investing” his savings into MRP shares, he has clearly fallen for the lies of this government and the many share offering financial advisors, who will get their high fees out of him.

      I do not believe your story for starters, as a person cleaning toilets and the likes is unlikely to ever earn enough to feed 13 mouths on his own.

      Come down from your “upper” cloud, dear friend, and tell us true stories, not such fiction nonsense!

  34. Lloyd 34

    I wonder what the conversation was like at the Marae after the muskets and blankets were handed out? “Those whiteys will never use that crappy land? “We really made a killing with all these muskets?”. “The muskets are worth so much more than the land?” “We are better off as result of this land sale?”

    What is the difference with crowing about how much money we made? We lost. Big time.

    We sold what our parents made for us and sold our children’s heritage.

    Anyone who crows about their ‘profit’ of a measly handful of dollars needs to consider that they were willing contributors to a financial insult to every individual in New Zealand. They will probably find that the overall financial outcome in their favour will be negative, with the likely steep rise in electricity prices they are likely to pay in the future as a result of this sale, even with the probable Green/Labour Electricity price control in future

    It has been another neo-liberal insult on the economy of New Zealand.

    I look forward to a day when the country will celebrate an ANZAC style day celebrating the defeat of the evil of neo-liberalism.

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  • An Aotearoa where every child can thrive
    Speech to 2014 AGM of NZ Nurses Organisation   Wellington 18th September 2014   E ngā Mana, E ngā Reo, E ngā Iwi o te Motu, Tēnā Koutou, Tēnā Koutou, Tēnā Tātou Katoa. You may be one of the almost...
    frogblog | 17-09
  • Ask me anything on Election 2014
    At 12:30pm I will be doing an Ask me anything on election 2014. Topics I would like to talk about are around the environment, tax, welfare, inequality, economics. Everyone is welcome, leave your indifference at the door Live Blog Ask...
    Gareth’s World | 17-09
  • Speaker: Prospects for inclusive education after the 2014 general election
    We may be approaching a point in New Zealand where a consensus is reached that our model for funding and delivering so-called ‘special education’ is inadequate, and has been for some time.The system survived a comprehensive review in 2010, ordered...
    Public Address | 17-09
  • Keeping a perspective on things
    As we head into the final days of the 2014 election campaign, it is worth keeping a perspective on things. The week’s global moment of truth is actually the report of the independent Commission on the Economy and Climate. Whatever...
    frogblog | 17-09
  • The thing about liars
    The thing about liars is there's always tell-tale signs to show that they're telling a lie. Even the best liars will give themselves away with small body mannerisms or catch phrases, which if you know what to watch out for...
    The Jackal | 17-09
  • NZ politicians as WWE wrestlers
    You can tell the election is starting to wear down people’s sanity, because yesterday some of us had a tremendously good time on Twitter assigning NZ politicians to WWE wrestlers. I volunteered to preserve this genius for posterity. Yep, we’re nerds,...
    Boots Theory | 17-09
  • September 15 RNZ interviews – and then the Moment of Truth
    . Acknowledgement: Emmerson . 15 September – Leading up to the Moment of Truth public meeting this evening, these Radio NZ interviews are worth listening to; . Alt link . Alt link . Alt link . Alt link . Alt...
    Frankly Speaking | 17-09
  • September 15 RNZ interviews – and then the Moment of Truth
    . Acknowledgement: Emmerson . 15 September – Leading up to the Moment of Truth public meeting this evening, these Radio NZ interviews are worth listening to; . Alt link . Alt link . Alt link . Alt link . Alt...
    Frankly Speaking | 17-09
  • Transport Election Policy Roundup
    In politics, transport sits in a weird space. It’s a key topic in local body elections – which is understandable as people’s interactions the transport system are experienced at a local level – however it’s at a national level where most of...
    Transport Blog | 17-09
  • Top 5 Scoop Press Releases Week To 13th Sep 2014
    Article – Scoop Insights The following five press releases were the top performing press releases (by NZ page view numbers) according to Google Analytics on Scoop for the seven days to 13th September 2014.Top 5 Scoop Press Releases Week To...
    Its our future | 17-09
  • New national secretary announced
    The PSA is pleased to announce the appointment of Erin Polaczuk to the role of national secretary.   Erin joins...
    PSA | 17-09
  • The Average Kiwi’s Final Say on Election 2014
    The one thing I have definitely learned over the last few weeks has been how stubborn, and how gullible many New Zealand voters are.  Something else I have learned is how much influence many voters who can barely even speak...
    An average kiwi | 17-09
  • Gordon Campbell on first time voting (Greens)
    For the last two days, I’ve turned my column over to a couple of guest columnists who are first time voters. They’ve been asked to explain why they were voting, for whom and what role they thought their parental upbringing...
    Gordon Campbell | 17-09
  • Tim Cook denies ‘rumours’ of NSA back-door into Apple servers
    This 3 minute excerpt of Apple’s CEO Tim Cook talking to Charlie Rose yesterday interested me for a couple of reasons 1) encrypted iMessages with Apple keyless and 2) his very strong denial of rumours/suggestions of NSA back-door access …...
    The Paepae | 17-09
  • Poll of Polls update – 17 September 2014
    Two new polls out today – this afternoon’s Roy Morgan, and this evening’s 3News Reid Research poll. In the Roy Morgan poll, National rise to 46.5% (up 1.5%), while Labour slumps 2% to 24%, and the Greens drop an even...
    Occasionally erudite | 17-09
  • Katie’s banking on winning
    Finding phones and seats for everyone, training new volunteers, distributing lists of names and numbers – and feeding a small army of phone canvassers. That’s been Katie Anderson’s life three evenings a week since May. ...
    Labour campaign | 17-09
  • Join The People’s Climate March, Sunday 21 Sept: Auckland and Nelson
    Whatever the outcome of Saturday’s General Election, urgent action will still be needed to halt and reverse the growth in greenhouse gas emissions and sharply reduce the risk of runaway climate change. As part of a global Day of Action...
    Coal Action | 17-09
  • Media Advisory – Interview availability
    This is to advise all media that Hone Harawira will be available in Auckland tomorrow, Friday the 19th of September from 7am to 4pm for interviews relating to his recent press releases. If you are interested in interviewing Mr Harawira on...
    Mana | 18-09
  • Labour stands on proud record on Suffrage Day
    Women have come a long way in the 121 years since New Zealand became the first country to give them the vote on September 19 1893, but there is still more to do, Labour’s Women’s Affairs spokesperson Carol Beaumont says....
    Labour | 18-09
  • Polling Booths asked to treat Maori voters with respect
    “Polling booths without Maori roll voting papers, Maori people not being offered assistance to vote, people getting sent from Whangarei to Wellsford to vote, Maori people getting turned away from voting because they didn’t have their ‘easy vote’ card, Maori...
    Mana | 17-09
  • Aussie Liberals embroiled in Key campaign
    John Key needs to explain why Australia’s Liberal Party is interfering in New Zealand domestic politics and is encouraging Kiwi voters across the ditch to vote for National just days out from the election, Labour’s campaign spokesperson Annette King says....
    Labour | 17-09
  • The MANA Plan for Beneficiaries and Income in Waiariki
    Median Personal Income for Waiariki is $21,700. Over 13,000 Maori who live in Waiariki rely upon a form of government benefit including the Unemployment Benefit, Sickness Benefit, Domestic Purpose Benefit and the Invalids Benefit. “If you’re lucky enough to have...
    Mana | 16-09
  • Māori development crucial to New Zealand’s future
    Labour recognises the concern of Māori about child poverty and the rising costs of living, and in Government will make a real difference to the wellbeing of whānau and iwi, Labour’s Māori Affairs spokesperson Nanaia Mahuta says. “As our Māori...
    Labour | 16-09
  • MAORI PARTY – DON’T COMPLAIN … WALK
    “If the Maori Party are serious about stopping government spying on NZ citizens then they should tell the Prime Minister to either stop doing it or they will walk away” said MANA leader and Tai Tokerau MP Hone Harawira, on...
    Mana | 16-09
  • JOHN KEY SUPPORTING LABOUR
    “There is something really sick about a National Party Prime Minister coming out in support of a Labour candidate” said MANA leader and Tai Tokerau MP, Hone Harawira, after hearing that John Key is urging voters to back Labour in...
    Mana | 16-09
  • SHUT DOWN THIS GOVT NOT KAITI WINZ – Nikora
    “I’m going to make it as hard for you to get help as I can” is Paula Bennett’s message to the people of Kaiti  said MANA candidate Te Hāmua Nikora today in response to the news that National will close...
    Mana | 16-09
  • Winegums make for better polling – Harawira
    I wanted to laugh when I saw the Native Affairs poll the other night (Hone Harawira 38%, Kelvin Davis 37%) because it was almost the same as the one they did back in 2011”, said MANA leader and Tai Tokerau...
    Mana | 16-09
  • The Leadership of MTS Lied – Harawira
    “Normally I’m happy to tell people that I was right but when I received the news about the staff cuts at Maori Television, I had nothing but sympathy for the three Maori media leaders who are going to be made...
    Mana | 16-09
  • Privileges Complaint Laid against Prime Minister – Harawira
    MANA Movement Leader and Te Tai Tokerau MP Hone Harawira has today lodged a Privileges Complaint with the Speaker regarding the Prime Ministers denials in parliament that he knew anything about Kim Dotcom before 2012. “Information made public today appears...
    Mana | 15-09
  • Sharples’ new appointments are out of order
    The new appointments to the Waitangi Tribunal announced by Dr Pita Sharples this morning are completely out of order given the election is just five days away, says Labour's State Services spokesperson, Maryan Street. “This Government continues to show disdain...
    Labour | 15-09
  • MANA Movement Housing Policy
    “When families are living in cars, garages, cockroach-infested caravans and three families to a house then we have a housing crisis”, said MANA leader and MP for Te Tai Tokerau, Hone Harawira. “When you have a housing crisis for low-income...
    Mana | 15-09
  • Bigger than the Foreshore and Seabed – Sykes
    “Over the past week I have received some disturbing information that has led myself and a number of Maori lawyers to conclude that this National - Maori Party - ACT and United Future Government are going to put an end to both...
    Mana | 14-09
  • MANA wants Te Reo Māori petition fulfilled
    Hone Harawira, MANA Leader and MP for Te Tai Tokerau Annette Sykes, MANA candidate for Waiariki Te Hāmua Nikora, MANA candidate for Ikaroa Rāwhiti  “More than four decades have passed and the petition calling for Te Reo Māori in schools...
    Mana | 14-09
  • Primary focus on the critical issues
    A Labour Government will prioritise New Zealand’s agricultural sectors by recreating a Rural Affairs Minister and appointing a Primary Industry Council and a Chief Agricultural Adviser. Releasing Labour’s Primary Sector and Rural Affairs policies today, spokesperson Damien O’Connor says the...
    Labour | 12-09
  • Maori Television fears confirmed – Harawira
    ...
    Mana | 12-09
  • More ghost houses from National
    The Government’s desperate pre-election announcement of more ghost houses won’t fool Aucklanders wanting action on the housing crisis, says Labour’s Housing spokesperson Phil Twyford. “These are ghost houses, to go with National’s ghost tax cut. Families cannot live in ghost...
    Labour | 12-09
  • National bows to union pressure over travel time
    National has reluctantly bowed to pressure from unions and adopted Labour’s fair and sensible policy to pay home support workers for the time they spend traveling between clients, Labour’s Associate Health spokesperson Iain Lees-Galloway says. “This decision is long overdue...
    Labour | 12-09
  • Predators on Poverty – Harawira
    “As poverty has ballooned out of control, the Predators on Poverty have emerged to suck the lifeblood from whole families and communities” said MANA Movement leader and Tai Tokerau MP, Hone Harawira. “They are deliberately targeting low-income areas, particularly those...
    Mana | 11-09
  • MANA Movement Policy Launch
    Predators on Poverty (pokie machines, alcohol outlets and loan sharks) 1pm, Thursday 11th September Corner Great South Road and Criterion Street Otahuhu Shopping Centre...
    Mana | 10-09
  • Eliminating Poverty – Sir Edmund Hillary Collegiate, Otara | Internet MAN...
    A campaign to Eliminate Poverty, Feed the Kids, build more houses, and create thousands of new jobs, was outlined by Internet MANA at a public meeting in Otara this evening. When MANA and the Internet Party first sat down to...
    Mana | 09-09
  • Housing in Waiariki – Sykes
    Fact:  Under this National-Maori Party-ACT-United Future Government 61% of Maori in Waiariki do not own their own home and nearly 70% of Maori rentals in Waiariki pay $200 or more per week. “Maori in Waiariki have low rates of home ownership...
    Mana | 09-09
  • Charter school crisis shows time to axe costly experiment
    Dysfunction from day one at a Northland charter school shows it is time to dump this costly and failed experiment by the National-ACT Government, Labour’s Education spokesperson Chris Hipkins says. “Te Kura Hourua ki Whangaruru received $27,000 in government funding...
    Labour | 08-09
  • Labour will crack down on loan sharks
    A Labour Government will crack down on predatory loan sharks by making it illegal both to charge exorbitant interest rates and to exploit uninformed borrowers, Labour’s Consumer Affairs Spokesperson Carol Beaumont says. Labour today released its Consumer Affairs policy which...
    Labour | 08-09
  • Let’s do the FEED before the weed
    “Last week I put out a very strongly worded email to my colleagues about an online promotion about cannabis law reform” said MANA leader and Tai Tokerau MP, Hone Harawira “and I stand by that criticism today.” My concern was...
    Mana | 08-09
  • TE KAEA and NATIVE AFFAIRS live to fight another day
    “I understand that both the chair of the Board of Maori Television, Georgina Te Heuheu, and new CEO, Paora Maxwell, are now saying that my comments this morning about their plans to cut Te Kaea and Native Affairs, were wrong, and that...
    Mana | 08-09
  • How come the PM only pays 2.8% of his income in tax – Harawira
    “Before John Key talks about the piddling tax cuts he plans for low and middle income families today he needs to explain why he only pays 2.8% of his income on tax while a minimum wage worker pays 28% tax,”...
    Mana | 07-09
  • THE DEATH OF INDEPENDENCE FOR MAORI TV
    “If what I’m hearing is true, tomorrow Maori Television Service (MTS) will dump its news programme, Te Kaea, and staff will lose their jobs” said MANA Leader and MP for Te Tai Tokerau, Hone Harawira “and the Minister of Maori...
    Mana | 07-09
  • Labour recommits to Pike River families
    An incoming Labour-led government will do everything possible to recover the bodies of the Pike River Miners and return them to their families, says Labour Leader David Cunliffe. “This tragedy and its aftermath has left the families of the 29...
    Labour | 06-09
  • Voting has started and still no tax plan or fiscal budget for voters to see
    "Even though voting for the election has already begun, National still refuses to provide any details of its proposed tax cuts. And Bill English admitted this morning that he won’t provide any specifics until after the election", Labour’s Finance spokesperson...
    Labour | 06-09
  • National’s partners’ tax plans cost at least $42 billion
    If National forms the next government its partners’ tax plans will cost the country at least $42 billion, and maybe as much as $50 billion, wreaking havoc with the books, says Labour’s Finance spokesperson David Parker. “National claims to be...
    Labour | 05-09
  • Labour: Providing more opportunities for young Kiwis
    A Labour Government will ensure every young Kiwi under the age of 20 is given the opportunity to be in work, education or training, and plans to develop a conservation apprenticeship scheme to help do that, Labour’s Youth Affairs spokesperson...
    Labour | 04-09
  • Candles out on teachers’ slice of birthday cake
    Today may be Novopay’s second birthday, but there’s little to celebrate, Labour’s Education spokesperson Chris Hipkins says. “Novopay has cost the taxpayer tens of millions of dollars already, and the cost is still climbing....
    Labour | 04-09
  • National’s blatant broadband pork barrelling misses the mark by a country...
    National’s blatant pork-barrelling ICT announcement today should reinforce a growing sceptical electorate’s view that they are all about the gift wrap and not the present, Labour’s ICT spokesperson Clare Curran says. “Instead of addressing the real issues - the woeful...
    Labour | 04-09
  • More evidence of the need to clean up the system
    The latest release of emails and messages between disgraced Minister Judith Collins and blogger Cameron Slater are more evidence of the urgent need to clean up politics, Labour MP Grant Robertson says. "This new evidence confirms a near constant flow...
    Labour | 04-09
  • Labour commits to stable funding for voluntary sector
    A Labour Government will establish long-term funding and streamline contract accountability for community and voluntary groups, says Labour’s spokesperson for the sector Louisa Wall. Announcing Labour’s policy for the community and voluntary sector, she said this would give much greater...
    Labour | 04-09
  • Better trained and skilled workforce under Labour
    Labour is committed to a skilled workforce that benefits businesses as well as their workers, and will increase workplace training to improve productivity and drive innovation, Labour Leader David Cunliffe says. “Labour believes the Government should support New Zealanders into...
    Labour | 03-09
  • Labour will make renting a better option
    Labour will provide greater security of tenure for renters, and build more state and social housing, says Labour’s housing spokesperson Phil Twyford. “Labour believes every kid deserves a decent start in life. That means a warm, dry and secure home....
    Labour | 03-09
  • At least 15 new taxes under National
    John Key is the last person to talk about creating taxes, presiding over a Government that has imposed at least 15 new taxes, Labour Leader David Cunliffe says. “John Key tried a novel line in the debate last night claiming...
    Labour | 03-09
  • Labour will strengthen New Zealand’s democracy
    A Labour Government will act quickly to protect and enhance New Zealand’s reputation as one of the most open and least corrupt countries in the world, Labour Leader David Cunliffe says. “The health of any democracy is improved by greater...
    Labour | 02-09
  • MANA Movement says tax cut on GST must be first priority – Minto
    “If Prime Minister John Key has money available for tax cuts then cutting GST must be the first priority”,  said MANA Movement Economic Justice Spokesperson John Minto. GST is a nasty tax on low-income families”, said Minto. “People in the...
    Mana | 02-09
  • The Maori Party’s Mana-Enhancing Relationship with National – Minto
    “First we had Cameron Slater and David Farrar backing Labour’s Kelvin Davis bid to unseat MANA Movement Leader and MP for Te Tai Tokerau Hone Harawira.  Now we have Slater writing a pro-Te Ururoa Flavell article on his website, Whale...
    Mana | 02-09
  • There’s Only One Poll That Counts
    “One of the oldest sayings in politics is that there is only one poll that counts – the one on Election Day – and that’s the one that I am focusing on” remarked the MANA Movement candidate for Waiariki, Annette...
    Mana | 02-09
  • Local communities critical to Civil Defence
    Labour will focus on empowering New Zealand communities to be resilient in Civil Defence disasters, says Labour’s Civil Defence spokesperson Clare Curran. Announcing Labour’s Civil Defence policy, she says that Labour will work with schools, voluntary agencies and community groups...
    Labour | 02-09
  • Labour looks to long-life passports, gambling harm review
    A return to 10 year passports and a review of gambling laws are highlights of Labour’s Internal Affairs policy released today. “More than 15,000 New Zealanders signed a petition calling on the Government to revert to the 10 year system...
    Labour | 02-09
  • MANA Movement Leadership stands strong behind Internet MANA relationship
    “There is now, and always will be, a range of views about many issues within our movement and members are free to express them, but Georgina’s views on Kim Dotcom are not shared by the MANA Movement leadership or the vast majority...
    Mana | 01-09
  • Rebuilding the New Zealand Defence Force
    A Labour Government will make it a priority to rebuild the capacity of the Defence Force to carry out the tasks expected of it, says Labour’s Defence Spokesperson Phil Goff. Releasing Labour’s Defence Policy today he said the NZDF has...
    Labour | 01-09
  • Speech to Canterbury Chamber of Commerce
    Today I'm going to talk about our policy package to upgrade and grow our economy and how we turn that growth into a foundation for a decent and fair society. But first I want to address the issue of our...
    Labour | 01-09
  • As if you needed another reason to boycott Telecom/Spark – they sold NZ d...
    It should read ‘never stop spying’. As if you needed another reason to boycott Telecom/Spark – they sold us down the river to the US by allowing the Southern Cross cable to be tapped… The ability for US intelligence agencies...
    The Daily Blog | 18-09
  • The NZ First-Labour Party attack strategy against Internet MANA better work
    The final days of the campaign are ticking down and Labour and NZ First are manoeuvring to kill off the Internet MANA Party by both backing Kelvin Davis for Te Tai Tokerau. It’s a risky gambit that they better pray to Christ...
    The Daily Blog | 18-09
  • Bill English’s latest insult to beneficiaries – apparently they are lik...
    National’s hatred towards the poor continues unabated as National desperately try to throw raw meat to their reactionary voter base in the hope to inspire enough hate and loathing to win back their redneck voters from the Conservative Party and from...
    The Daily Blog | 18-09
  • Eminem ain’t happy with John Key
    Eminem ain’t happy with John Key...
    The Daily Blog | 18-09
  • Key claims he did not inhale
    Key claims he did not inhale...
    The Daily Blog | 18-09
  • Final prediction on election result 2014
    What an election campaign. The character assassination of David Cunliffe kicked things off with the Herald on Sunday falsely claiming $100 00 bottles of wine, $15 000 books and $150 000 in donations  from a donor that turned out to be...
    The Daily Blog | 18-09
  • Live blog: Bainamarama takes commanding lead in Fiji elections
      Interview with Repúblika editor Ricardo Morris and Pacific Scoop’s Mads Anneberg. PACIFIC SCOOP TEAM By Ricardo Morris, Mads Anneberg, Alistar Kata and Biutoka Kacimaiwai in Suva WHILE the results are provisional at this stage, it is clear today that...
    The Daily Blog | 17-09
  • 5AA Australia: NZ Elections Two Days To Go! + Edward Snowden + Julian Assan...
    Recorded live on 18/09/14 – Captured Live on Ustream at http://www.ustream.tv/channel/multimedia-investments-ltd 5AA Australia’s Peter Godfrey and Selwyn Manning deliver their weekly bulletin: Across The Ditch. This week, they discuss the latest news as New Zealanders go to the polls on...
    The Daily Blog | 17-09
  • What has Colin Craig done for his Press Secretary to quit 2 days before ele...
    This is VERY strange.  Colin Craig’s Press Secretary Rachel McGregor, has quit 2 days before the election, allegedly telling ZB that Colin Craig was a “very manipulative man”. I’ve met Rachel many times in the past as Colin’s Press Secretary, she is...
    The Daily Blog | 17-09
  • “If you want steak, go to the supermarket and buy steak,” – A brief w...
    “If you want steak, go to the supermarket and buy steak,” said Key in the final leaders debate. Problem of course is that the 250 000 – 285 000 children living in poverty can not afford steak, milk, butter, eggs...
    The Daily Blog | 17-09
  • National’s final bash of beneficiaries before the election
    On cue, whenever National feel threatened, they roll out a little bennie bash just to keep their redneck voter base happy. Nothing like a bit of raw meat policy to keep National voters focused on the evil threat solo parents...
    The Daily Blog | 17-09
  • With All Of This In Mind, I Vote
    This is my last blog before the election and I really just want to speak from the heart. Right now in this country it seems to me that a lot of people consider the “essentials” in life to be simply...
    The Daily Blog | 17-09
  • Left has to vote strategically this election
    The dedication, loyalty, and tribalism of party politics means that sometimes the left lets itself down by not voting strategically. We all want our favoured party to get maximum votes, naturally, but the winner-takes-all approach doesn’t always suit multi-party left...
    The Daily Blog | 17-09
  • Dear NZ – as you enter the polling booth, stand up for your rights
    The last days before a NZ general election are a busy time as politicians make their pitch and party activists prepare to get out the vote. It is sort of weird watching from the distance of Europe the strangest election...
    The Daily Blog | 17-09
  • What is Waihopai, John, if it isn’t a facility for “mass surveillance...
    John Key assured us on RNZ’s Nine to Noon programme yesterday that “In terms of the Fives Eyes data bases… yes New Zealand will contribute some information but not mass wholesale surveillance.” How does this square with the operation of the...
    The Daily Blog | 17-09
  • GUEST BLOG: Catherine Delahunty – Mass Surveillance and the Banality of E...
    Renowned journalist and intellectual Hannah Arendt coined the phrase “the banality of evil” to describe the normalisation of genocide in Nazi Germany. I thought of her phrase when I was listening to Glenn Greenwald and other international whistle-blowers talking about...
    The Daily Blog | 17-09
  • Election. Down. To. The. Wire
    Funny how last week it was John Key winning by 50%, now it’s neck and neck. I have always believed this election would be down to the wire and it is proving so. The flawed landline opinion polls the mainstream...
    The Daily Blog | 17-09
  • 3rd Degree uses Whaleoil for story ideas as if Dirty Politics never happene...
    TV3s 3rd Degrees smear job on Kim Dotcom last night doesn’t bear much repeating. It was pretty pathetic journalism from a team who have brought us some great journalism in the past. It is sad to see 3rd Degree stooping...
    The Daily Blog | 17-09
  • Live blog: Bainimarama takes early lead in Fiji’s election
    Pacific Scoop’s Alistar Kata reports from yesterday’s voting. By Alistar Kata of Pacific Scoop in Suva Prime Minister Voreqe Bainimarama took an early lead in provisional results in the Fiji general election last night. With provisional results from 170 out...
    The Daily Blog | 17-09
  • Has The NSA Constructed The Perfect PPP?
    Former intelligence analyst and whistleblower, Edward Snowden – speaking live to those gathered at the Auckland Town Hall on Monday September 17, 2014. Investigation by Selwyn Manning. THE PRIME MINISTER JOHN KEY’s admission on Wednesday that whistleblower Edward Snowden “may...
    The Daily Blog | 17-09
  • No way – Key admits Snowden is right
    After claiming there was no middle ground. After claiming there was no mass surveillance. After calling Glenn Greenwald a henchman and a loser. After all the mainstream media pundits screamed at Kim’s decision to take his evidence to Parliamentary Privileges...
    The Daily Blog | 17-09
  • Bad luck National
    ...
    The Daily Blog | 16-09
  • The incredible changing John Key story on mass spying – why the Moment of...
    While the mainstream media continue to try and make the Moment of Truth about Kim’s last minute decision to prolong his battle against John Key past the election into the Privileges Committee, the reality is that the Moment of Truth...
    The Daily Blog | 16-09
  • GUEST BLOG: Curwen Rolinson – Themes of the Campaign
    There’s one area of a political campaign that just about everyone, at some point, falls afoul of. The campaign song. I’m not sure quite why it is, but it seems to be almost impossible for political parties to come up...
    The Daily Blog | 16-09
  • GUEST BLOG – Denis Tegg – The NSA slides that prove mass surveillance
    The evidence presented by Glenn Greenwald and Edward Snowden on The Intercept of mass surveillance of New Zealanders by the GCSB is undeniable, and can stand on its own. But when you place this fresh evidence in the context of...
    The Daily Blog | 16-09
  • Ukraine, United Kingdom, Ireland, Scotland
    The Ukrainian civil war discomforts me. It seems to me the most dangerous political crisis since the Cuban missile crisis of 1962. And it’s because of our unwillingness to examine the issues in a holistic way. We innately prefer to...
    The Daily Blog | 16-09
  • John Key’s love affair with a straw man – the relationship intensifies
    John Key’s love affair with the straw man is now a fully-committed relationship. It’s now the first love of his life. Sorry Bronagh. Yesterday I pointed to Key’s constant assurances that there is no mass surveillance of New Zealanders by...
    The Daily Blog | 16-09
  • A brief word on why Wendyl Nissen is a hero
    Wendyl Nissen is a hero. The sleazy black ops attack on her by Slater and Odgers on behalf of Grocery Council chief executive Katherine Rich is sick. All Nissen is doing in her column is point out the filth and...
    The Daily Blog | 16-09
  • She saw John Key on TV and decided to vote!
    . . NZ, Wellington, 15 September – ‘Tina’* is 50, a close friend,  and one of the “Missing Million” from the last election. In fact, ‘Tina’ has never voted in her life.  Not once. In ‘Tina’s’ own words, politics has...
    The Daily Blog | 16-09
  • Eminem sues National Party for unlawful use of ‘Lose yourself’ bhahahah...
    …ahahahahahahahaha. Oh Christ this is hilarious… National Party sued over Eminem copyright infringment US rapper Eminem is suing the National Party for allegedly breaching copyright by using his song Lose Yourself in its campaign advertisements. The Detroit-based publishers of Eminem’s...
    The Daily Blog | 16-09
  • Are the Greens about to be snookered by a Labour-NZ First Government?
    I wrote last week that it was smart politics that the Greens pointed out they could work with National, the soft blue vote that’s looking for a home in the wake of Dirty Politics isn’t going to Labour, so the...
    The Daily Blog | 16-09
  • BLOGWATCH: Fonterra join 2Degrees and boycott Whaleoil
    In the wake of Dirty Politics, advertisers are pulling their advertising out of Whaleoil. PaknSave, Evo Cycles Pukekohe, Localist, 2 Degrees, Fertility Associates, iSentia, NZ Breast Cancer Foundation, Maori TV, Bookme.co.nz, Dobetter.co.nz and the Sound are now joined by Fonterra...
    The Daily Blog | 16-09
  • PM Key accused of allowing secret ‘spook’ cable sensors to spy on citiz...
    Pulitzer prize-winning journalist Glenn Greenwald (left) and Kim Dotcom at the “moment of truth” political surveillance meeting in Auckland last night. Image: PMW By ANNA MAJAVU of Pacific Media Watch NEW ZEALAND Prime Minister John Key has been accused of...
    The Daily Blog | 15-09
  • Fiji pre-election ‘politics’ blackout stirs media protests, frustration
    BLACKOUT DAY – Monday, day one of the “silence window” in Fiji leading up to the close of polling in the general election at 6pm on Wednesday. And this is under the draconian threat of a $10,000 fine or five...
    The Daily Blog | 15-09
  • “Now the work of movements begins”: government corruption, media bias, ...
    I am so tired of the dirty politics of the National government, aren’t you? I am tired of John Key and his pathetic attacks on award-winning journalists who have spent their careers fighting and digging for truth and good. The...
    The Daily Blog | 15-09
  • Moment of Truth review, smoking guns and the awful coverage by the NZ msm
      There were queues unlike any the Town Hall has seen, 1000 were turned away once it became full…     …full to the rafters. The energy and atmosphere within the room was extraordinary, and it begun…   …Glenn Greenwald...
    The Daily Blog | 15-09
  • Why Maori TV’s Te Tai Tokeraou Poll will be proved wrong
    If Hone Harawira had a dollar every time the media wrote off his chance of winning Te Tai Tokeraou, he would have more money than Kim Dotcom. Remember the by-election? Hone was 1 point ahead of Kelvin in an exact...
    The Daily Blog | 15-09
  • September 15 RNZ interviews – and then the Moment of Truth
    . Acknowledgement: Emmerson . 15 September – Leading up to the Moment of Truth public meeting this evening, these Radio NZ interviews are worth listening to; . Alt link . Alt link . Alt link . Alt link . Alt...
    The Daily Blog | 15-09
  • Live Stream: Moment of Truth Tonight 7pm
    Live Video Stream by eCast: The Daily Blog will Live Stream the Moment of Trust public meeting from 7pm. The meeting will feature Glenn Greenwald, Kim Dotcom, Robert Amsterdam, and a very special guest…...
    The Daily Blog | 15-09
  • The proof Key lied about GCSB mass surveillance
    And we start getting to the evidence that proves Key has lied about mass surveillance. The article by Glenn Greenwald is out and it is beyond damning… Documents provided by NSA whistleblower Edward Snowden show that the government worked in...
    The Daily Blog | 15-09
  • A brief word on the Ede-Slater emails
    Every day I have rushed to read the paper to see if a breaking story on the Ede-Slater emails had broken yet. They haven’t. Day after day, where are these emails? We know Rawshark sent the emails to David Fisher...
    The Daily Blog | 15-09
  • The email that proves Key is a liar
    This is the Email proving Key knew about Kim Dotcom before he claims he did… “We had a really good meeting with the Prime Minister. He’s a fan and we’re getting what we came for. Your groundwork in New Zealand...
    The Daily Blog | 15-09
  • Henchmen
    Henchmen...
    The Daily Blog | 14-09
  • Why it simply isn’t credible that Key stepped in and shut down the mass s...
    Key’s staggering admission that yes there was a year long business model by the GCSB to mass spy on all of NZ but  that he stepped in and shut it down after Cabinet had signed it off just sounds like make...
    The Daily Blog | 14-09
  • John Key’s love affair with a straw man
    Politicians like putting up straw men for the purpose of self-righteously knocking them over. Prime Minister John Key has a particular straw man he loves to punch over. He raises it whenever he’s asked about mass surveillance of New Zealanders...
    The Daily Blog | 14-09
  • John Armstrong turns on Glenn Greenwald
    Where does a mediocre journalist like John Armstrong get off attacking a journalist with the credibility of Glenn Greenwald as he has in his ridiculous column today? Armstrong has the audacity to try and play the terrorism card to justify why...
    The Daily Blog | 14-09
  • GUEST BLOG: Denis Tegg – Which of John Key’s many statements on the GC...
    We already have Glenn Greenwald’s assertion on The Nation that John Key has misled New Zealanders as to whether the GCSB has engaged in mass surveillance of Kiwis. But Key has made many other statements about the GCSB’s powers and...
    The Daily Blog | 14-09
  • Election 2014: Numbers and Faces
    Democratic politics is a game of numbers and faces. How can we translate the numbers into the 120 or more faces that will be in the next Parliament? Below is my prediction of a likely result: 120 people, divided by...
    The Daily Blog | 14-09
  • Scotland the brave
    The possibility that Scotland will vote for independence this Thursday has panicked the British establishment. An unholy alliance of Tory, Labour, Liberal and corporate leaders has resorted to fear-mongering and bullying on grand scale in a last ditch effort to...
    The Daily Blog | 14-09
  • Why Key’s denials sound so off and why Dotcom’s fight is all our fight
    The shrillness of Key is the issue. His denials just too forced and rehearsed. Key has gone from Hollow Man to Shallow Man with his lashing out at Pulitzer Price winning Journalist Glenn Greenwald by calling him a ‘henchman’. This...
    The Daily Blog | 14-09
  • Live Election Night Coverage on TV And Online
    Māori Television’s KOWHIRI 2014 – ELECTION SPECIAL kicks off at 7.00pm this Saturday with a five-hour broadcast focusing on the Māori electorates....
    Scoop politics | 18-09
  • Judge’s Decision Disappoints Fish & Game
    Today’s decision to give a Temuka man 100 hours of community service for selling sports fish to the public has disappointed Fish & Game, which believes the sentence handed down was “too lenient and will not go far enough to...
    Scoop politics | 18-09
  • Cutting-Edge Graphics Fire up TV3’s Election Night Coverage
    TV3’s Election Night coverage, hosted by John Campbell, will be enhanced by cutting-edge graphics that will showcase the night’s results....
    Scoop politics | 18-09
  • Govt rushes to open charter schools in New Year
    The government’s decision to approve four new charter schools last week to open in January next year goes against the Minister of Education’s own advice that the schools ought to have at least a year’s preparation time....
    Scoop politics | 18-09
  • 7 Days And Jono And Ben at Ten Hijack Election Weekend
    The 7 Days and Jono and Ben at Ten (JABAT) comedians are running their own version of election coverage, with a schedule of entertainment and comedy across TV3, Kiwi FM, the web and social media this Friday and Saturday under...
    Scoop politics | 18-09
  • Fewer Prisoners Equals Less Crime
    In its latest blog, ‘Abolishing Parole and other Crazy Stuff’,’ at http://blog.rethinking.org.nz/2014/09/krill-and-womble-independent-policy.html , Rethinking Crime and Punishment urges government to rethink its approach to releasing prisoners. “The public expectation is that the excellent reductions in the crime...
    Scoop politics | 18-09
  • McVicar slams his political opponents
    I want a safe and prosperous society and that can only be achieved if we have strong and vi-brant families – McVicar...
    Scoop politics | 18-09
  • Falling economic growth – wage rises overdue
    “The lower GDP growth in the three months to June is further evidence that growth has peaked. New Zealand’s economy is on the way down to mediocre growth rates,” says CTU economist Bill Rosenberg. “Yet wage rises are still weak...
    Scoop politics | 18-09
  • Get Out and Vote campaign a success
    Tens of thousands of workers from all around New Zealand have embraced the Get Out and Vote campaign and have created their own personalised voting plan, the CTU said today. “With three days of voting left in the 2014 General...
    Scoop politics | 18-09
  • Animal Research Failing – So Do More Animal Research?
    Victoria University of Wellington is about to host a lecture on why the success rates of pharmaceutical development is so low and what can be done about it. The New Zealand Anti-Vivisection Society (NZAVS) welcomes discussion on this important...
    Scoop politics | 18-09
  • ALCP welcomes Prime Minister’s cannabis comments
    Mr Abbott's comments came on the same day as New South Wales and Victoria states announced they would be doing clinical trials of cannabis....
    Scoop politics | 18-09
  • Conservative Party Press Secretary Resignation
    The Conservative Party is given to understand that this morning Press Secretary, Miss Rachel Macgregor resigned althought no formal advice of this has yet been received....
    Scoop politics | 18-09
  • By ACT’s logic, Epsom should vote for Conservative Candidate
    “Polling released late in the campaign shows that ACT is a busted flush and that by ACT’s own logic, centre-right Epsom voters should vote for the Conservative candidate”, says Labour candidate for Epsom Michael Wood....
    Scoop politics | 17-09
  • New online medical system
    Immigration New Zealand (INZ) is seeking registrations of interest for a new onshore panel physician network to support an online immigration health processing system....
    Scoop politics | 17-09
  • Students, You Have a Choice, Vote!
    The New Zealand Union of Students’ Associations (NZUSA) is imploring students to ensure they make their voices heard this election, and join the many thousands who have already heeded the call....
    Scoop politics | 17-09
  • Party vote ACT for three years of stability.
    Voters who are concerned that on the latest polls we may be heading for three years of instability have it in their hands to deliver a decisive result....
    Scoop politics | 17-09
  • Women’s Suffrage Movement – Get Out and Vote!
    Tomorrow, Friday 19th September, MANA Movement Candidate for Waiariki, Annette Sykes, will cast her vote at 12 noon at the Zen’s Building, Rotorua. This will follow a march through Rotorua that will assemble at 10am at City Focus, Rotorua. The...
    Scoop politics | 17-09
  • iPredict Daily Update
    David Cunliffe and Labour have made gains over the last 24 hours, according to the combined wisdom of the 8000+ registered traders on New Zealand’s predictions market, iPredict, but John Key’s National is still strongly expected to lead the next...
    Scoop politics | 17-09
  • Conservative’s Proposal to Abolish Parole Fatally Flawed
    The Conservative Party’s proposal to abolish parole doesn't stack up, however which way you look at it, concludes Kim Workman in Rethinking Crime and Punishment latest blog, ‘Abolishing Parole and Other Crazy Stuff’ at http://blog.rethinking.org.nz/2014/09/krill-and-womble-independent-policy.html...
    Scoop politics | 17-09
  • Special Edition : The letter 18 September 2014
    Dr Jamie Whyte has been giving thoughtful speeches largely unreported. So we thought we would put out an edited version on the speech he gave yesterday. The full speech is on the website....
    Scoop politics | 17-09
  • Differences in educational level reflected in voter choice
    Differences in educational level reflected in voter preferences The Green party has the highest proportion of tertiary educated supporters and NZ First has the least according to an analysis by the Election Data Consortium. The Consortium is made...
    Scoop politics | 17-09
  • Renters need assistance to improve poor housing conditions
    Thursday 18 September 2014 Renters are living in poorer conditions than homeowners and are less empowered to improve their housing situation according to a study by medical students at the University of Otago, Wellington. The fourth year medical...
    Scoop politics | 17-09
  • Pacific Island Affairs & NZ Police to work more closely
    The Ministry of Pacific Island Affairs Chief Executive, Pauline Winter, and The Commissioner of Police, Mike Bush, are this afternoon signing a Memorandum of Understanding (MoU) between the Ministry and the New Zealand Police....
    Scoop politics | 17-09
  • Te Hira Paenga sets the record straight
    In recent days there has been much speculation about my campaign in Te Tai Tokerau. Some commentators have suggested that I should step down or endorse the Labour candidate in an attempt to stop the Internet Party riding on the...
    Scoop politics | 17-09
  • Last Chance to Enrol to Vote – Don’t Miss Out
    Last Chance to Enrol to Vote – Don’t Miss Out If you’re not enrolled now, you need to hurry or you won’t be able to vote in this Saturday’s general election. “Election day is almost here, and it’s your last...
    Scoop politics | 17-09
  • Stuart Nash voted against wishes of Napier Electorate
    Napier Conservative Party Candidate Garth McVicar says the recent decision by the Advertising Standards Authority in reply to a complaint laid by Stuart Nash’s campaign manager confirms that Nash voted against the wishes of the Napier electorate. Robert...
    Scoop politics | 17-09
  • What price life asks Conservative Party
    The Conservative Party are asking what is the price of life if the killer of a defenceless homeless man who was viciously beaten and left to die was jailed for just 11 and a half years....
    Scoop politics | 17-09
  • National Stands To Lose Votes If Animal Welfare Is Ignored
    SAFE has presented Prime Minister John key with a 40,000 signature-strong petition calling for a farrowing crate ban....
    Scoop politics | 17-09
  • Statement From Kim Dotcom
    Tonight Third Degree broadcast issues raised by three former staff members who are in dispute with us....
    Scoop politics | 17-09
  • Three Internet-Mana Policies Blow the Bribe-O-Meter to Bits
    The Taxpayers’ Union has received advice that the cost of just three Internet-Mana policies is $17.6 billion - higher than the entire policy packages of the three main political parties combined. Taxpayers’ Union Executive Director Jordan Williams...
    Scoop politics | 17-09
  • Pregnancy Help Welcomes Green Party Packs for Newborn Babies
    Pregnancy Help applauds Metiria Turei acknowledging that “for many parents the birth of a new child is a highly stressful and financially straining time” and the desire for every child to thrive....
    Scoop politics | 17-09
  • McVicar Welcomes ASA Decision
    Napier Conservative Party Candidate Garth McVicar welcomes the Advertising Standards Authority’s decision to not uphold the pamphlet complaint of Robert Johnson, Campaign Manager for Napier Labour candidate Stuart Nash. The ASA acknowledged that one complaint...
    Scoop politics | 17-09
  • Whyte: In 12 months’ time, here is what will matter
    In three days’ time I will be elected along with a number of ACT MPs. I think the media will be surprised and ask how it happened?...
    Scoop politics | 17-09
  • Internet MANA Will Grant Special Residency to Edward Snowden
    Internet MANA will put the case to the new government to welcome global surveillance whistle blower Edward Snowden, granting him safe passage and residency in New Zealand....
    Scoop politics | 17-09
  • Ten millionth traveller uses SmartGate
    The 10 millionth traveller to pass through SmartGate, Customs’ automated passenger processing system, was greeted by Customs Manager Passenger Operations, Peter Lewis today at Auckland International Airport....
    Scoop politics | 17-09
  • Key vs. Cunliffe: Final Live NZ Election Reactor 7pm Tonight
    John Key and David Cunliffe go head to head for the last time tonight and you can decide who wins by driving the worm. This is the last live Election Reactor covering the debate tonight at 7pm on TV One....
    Scoop politics | 17-09
  • Offenders Get Road Safety Message
    Wellington Community Corrections partnered with emergency services, government agencies, organisations and Kapiti Coast District Council to deliver an innovative road safety programme to 70 community-based offenders at Southwards Car Museum on Tuesday 16...
    Scoop politics | 17-09
  • Proposed law to decriminalise Abortion
    http://images.tvnz.co.nz/tvnz_images/news2011/politics_news/12/q_a_interview__list_mp_jan_logie_n2.jpgRight to Life is disappointed that the Green Party is refusing to provide a response to the seven very important questions that have been addressed to Jan Logie, spokesperson...
    Scoop politics | 17-09
  • Election 2014 Will Be Costly
    The Taxpayers’ Union has today released the final update for its ' Bribe-O-Meter ' election costing website in the lead-up to Saturday’s general election. Taxpayers’ Union Executive Director Jordan Williams says:...
    Scoop politics | 17-09
  • Roy Morgan Poll September 17
    John Key set to win narrow election victory on Saturday as Labour/Greens slump puts Winston Peters in powerful position as NZ First surge to 8% Today’s New Zealand Roy Morgan Poll shows National (46.5%, up 1.5%) set to win a...
    Scoop politics | 17-09
  • Wahakura Package would provide warm welcome for babies
    The Greens Wahakura Welcome package announced yesterday is a wonderful example of child-centred policy which would help all children get a fair and equal start in life, says Child Poverty Action Group. CPAG health spokesperson Innes Asher says,...
    Scoop politics | 17-09
  • TPPA a Sellout to American Corporate Greed
    New Zealand will become a permanent prisoner to the United States’ greed and global arrogance if the Trans-Pacific Partnership Agreement (TPPA) isn’t stopped, warns Internet MANA....
    Scoop politics | 17-09
  • Wintry showers and blustery winds for Election Day
    As we head towards the weekend, it is time to look at what the weather will be for New Zealand's "Have Your Say" Day....
    Scoop politics | 17-09
  • New national secretary announced
    The PSA is pleased to announce the appointment of Erin Polaczuk to the role of national secretary....
    Scoop politics | 17-09
  • Public Secotr & TISA: On the cusp of something very special?
    Is the National Party keeping some things out of sight in case they frighten the electorate? Here is some worrying evidence that this may be the case....
    Scoop politics | 17-09
  • MPI ups yacht biosecurity ante
    Yachts arriving in Northland from overseas this season will face greater biosecurity scrutiny, says the Ministry for Primary Industries (MPI)....
    Scoop politics | 17-09
  • iPredict Election Update
    John Key’s National Party now has an 88% probability of leading the next government , most probably with the support of NZ First, according to the combined wisdom of the 8000+ registered traders on New Zealand’s predictions market, iPredict. There...
    Scoop politics | 17-09
  • Crowdfunding to Save Native Fish
    NZ Landcare Trust is offering an exciting project designed to assist native fish, as part of the launch of a new global crowdfunding category called 'The Landcare & Environment Collection.' This exciting step, aims to help raise funds and support,...
    Scoop politics | 17-09
  • New methods needed to reach non-voters
    Non-voters are much heavier users of the internet than those who do vote, while 43 per cent of non-voters say they never read a newspaper according to research released today by the Election Data Consortium....
    Scoop politics | 16-09
  • Parties sent home with report cards
    More than 2000 New Zealanders came together to run a full page ad in the Herald today asking all Parties what they will commit to do to clean up politics. The answers are in, and ActionStation has graded Parties on...
    Scoop politics | 16-09
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