Transmission Gully: they profit, you pay
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8:53 am, December 4th, 2013 - 34 comments
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The proponents of Public-Private Partnerships offer two justifications for the extra cost compared to normal government financing: 1) a mystical claim that the private sector will find efficiencies in a PPP that they wouldn’t find if they were just contracted to build a project normally and 2) risk is shared between the taxpayer and the private investors. Except it’s not.
In Australia, the PPPs worked by the private companies building the roads, maintaining them, and collecting tolls to fund it all. When it turned out the traffic projections were catastrophically wrong and people didn’t want to pay tolls, the government ended up bearing costs by paying bailouts and even closing publicly-owned roads to force more people to take the private toll road. But at least the private investors lost their shirts, first, because that’s how investment is meant to work – no reward without risk.
In New Zealand, National has learned from the Australian experience and found a way to make sure that the private investors in Transmission Gully make their profits, no matter what. It’s called an ‘availability model’. Instead of collecting tolls, the private company will be paid by $120-$130m a year by the taxpayer as long as the road is open (not exactly hard). Any tolls will be collected by the state, and go towards covering the cost of that payment (there’s no hope that tolls will actually cover the whole cost of the payments even on the government’s traffic projections because that would require a toll of $15 per trip).
So, in National’s model, all the risk is on the taxpayer. If traffic volumes are lower than expected, as is nearly always the way with these projects and especially likely with Transmission Gully because traffic volumes are already falling, the taxpayer pays just as much to the private investors but get less toll revenue to help offset that cost. The private investors make a mint – $3 billion over 25 yeas for building a $900 million road – no matter what.
That’s National’s New Zealand for you: all the risk is on the taxpayer, all the reward to the private investor. In Transmission Gully’s case, it’s particularly clear but if you look at all National’s corporate deals, it’s clear that any company that can convince National that its failure would impact on National’s political agenda has an effective taxpayer-funded guarantee.
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- McClay reaffirms strong NZ-China trade relationshipTrade, Agriculture and Forestry Minister Todd McClay has concluded productive discussions with ministerial counterparts in Beijing today, in support of the New Zealand-China trade and economic relationship. “My meeting with Commerce Minister Wang Wentao reaffirmed the complementary nature of the bilateral trade relationship, with our Free Trade Agreement at its ...19 hours ago
- Prime Minister Luxon acknowledges legacy of Singapore Prime Minister LeePrime Minister Christopher Luxon today paid tribute to Singapore’s outgoing Prime Minister Lee Hsien Loong. Meeting in Singapore today immediately before Prime Minister Lee announced he was stepping down, Prime Minister Luxon warmly acknowledged his counterpart’s almost twenty years as leader, and the enduring legacy he has left for Singapore and South East ...1 day ago
- PMs Luxon and Lee deepen Singapore-NZ tiesPrime Minister Christopher Luxon held a bilateral meeting today with Singapore Prime Minister Lee Hsien Loong. While in Singapore as part of his visit to South East Asia this week, Prime Minister Luxon also met with Singapore President Tharman Shanmugaratnam and will meet with Deputy Prime Minister Lawrence Wong. During today’s meeting, Prime Minister Luxon ...1 day ago
- Antarctica New Zealand Board appointmentsForeign Minister Winston Peters has made further appointments to the Board of Antarctica New Zealand as part of a continued effort to ensure the Scott Base Redevelopment project is delivered in a cost-effective and efficient manner. The Minister has appointed Neville Harris as a new member of the Board. Mr ...1 day ago
- Finance Minister travels to Washington DCFinance Minister Nicola Willis will travel to the United States on Tuesday to attend a meeting of the Five Finance Ministers group, with counterparts from Australia, the United States, Canada, and the United Kingdom. “I am looking forward to meeting with our Five Finance partners on how we can work ...1 day ago
- Pet bonds a win/win for renters and landlordsThe coalition Government has today announced purrfect and pawsitive changes to the Residential Tenancies Act to give tenants with pets greater choice when looking for a rental property, says Housing Minister Chris Bishop. “Pets are important members of many Kiwi families. It’s estimated that around 64 per cent of New ...1 day ago
- Long Tunnel for SH1 Wellington being consideredState Highway 1 (SH1) through Wellington City is heavily congested at peak times and while planning continues on the duplicate Mt Victoria Tunnel and Basin Reserve project, the Government has also asked NZ Transport Agency (NZTA) to consider and provide advice on a Long Tunnel option, Transport Minister Simeon Brown ...2 days ago
- New Zealand condemns Iranian strikesPrime Minister Christopher Luxon and Foreign Minister Winston Peters have condemned Iran’s shocking and illegal strikes against Israel. “These attacks are a major challenge to peace and stability in a region already under enormous pressure," Mr Luxon says. "We are deeply concerned that miscalculation on any side could ...2 days ago
- Huge interest in Government’s infrastructure plansHundreds of people in little over a week have turned out in Northland to hear Regional Development Minister Shane Jones speak about plans for boosting the regional economy through infrastructure. About 200 people from the infrastructure and associated sectors attended an event headlined by Mr Jones in Whangarei today. Last ...4 days ago
- Health Minister thanks outgoing Health New Zealand ChairHealth Minister Dr Shane Reti has today thanked outgoing Health New Zealand – Te Whatu Ora Chair Dame Karen Poutasi for her service on the Board. “Dame Karen tendered her resignation as Chair and as a member of the Board today,” says Dr Reti. “I have asked her to ...4 days ago
- Roads of National Significance planning underwayThe NZ Transport Agency (NZTA) has signalled their proposed delivery approach for the Government’s 15 Roads of National Significance (RoNS), with the release of the State Highway Investment Proposal (SHIP) today, Transport Minister Simeon Brown says. “Boosting economic growth and productivity is a key part of the Government’s plan to ...4 days ago
- Navigating an unstable global environmentNew Zealand is renewing its connections with a world facing urgent challenges by pursuing an active, energetic foreign policy, Foreign Minister Winston Peters says. “Our country faces the most unstable global environment in decades,” Mr Peters says at the conclusion of two weeks of engagements in Egypt, Europe and the United States. “We cannot afford to sit back in splendid ...4 days ago
- NZ welcomes Australian Governor-GeneralPrime Minister Christopher Luxon has announced the Australian Governor-General, His Excellency General The Honourable David Hurley and his wife Her Excellency Mrs Linda Hurley, will make a State visit to New Zealand from Tuesday 16 April to Thursday 18 April. The visit reciprocates the State visit of former Governor-General Dame Patsy Reddy ...4 days ago
- Pseudoephedrine back on shelves for WinterAssociate Health Minister David Seymour has announced that Medsafe has approved 11 cold and flu medicines containing pseudoephedrine. Pharmaceutical suppliers have indicated they may be able to supply the first products in June. “This is much earlier than the original expectation of medicines being available by 2025. The Government recognised ...4 days ago
- NZ and the US: an ever closer partnershipNew Zealand and the United States have recommitted to their strategic partnership in Washington DC today, pledging to work ever more closely together in support of shared values and interests, Foreign Minister Winston Peters says. “The strategic environment that New Zealand and the United States face is considerably more ...5 days ago
- Joint US and NZ declarationApril 11, 2024 Joint Declaration by United States Secretary of State the Honorable Antony J. Blinken and New Zealand Minister of Foreign Affairs the Right Honourable Winston Peters We met today in Washington, D.C. to recommit to the historic partnership between our two countries and the principles that underpin it—rule ...5 days ago
- NZ and US to undertake further practical Pacific cooperationForeign Minister Winston Peters has announced further New Zealand cooperation with the United States in the Pacific Islands region through $16.4 million in funding for initiatives in digital connectivity and oceans and fisheries research. “New Zealand can achieve more in the Pacific if we work together more urgently and ...5 days ago
- Government redress for Te Korowai o WainuiāruaThe Government is continuing the bipartisan effort to restore its relationship with iwi as the Te Korowai o Wainuiārua Claims Settlement Bill passed its first reading in Parliament today, says Treaty Negotiations Minister Paul Goldsmith. “Historical grievances of Te Korowai o Wainuiārua relate to 19th century warfare, land purchased or taken ...5 days ago
- Focus on outstanding minerals permit applicationsNew Zealand Petroleum and Minerals is working to resolve almost 150 outstanding minerals permit applications by the end of the financial year, enabling valuable mining activity and signalling to the sector that New Zealand is open for business, Resources Minister Shane Jones says. “While there are no set timeframes for ...5 days ago
- Applications open for NZ-Ireland Research CallThe New Zealand and Irish governments have today announced that applications for the 2024 New Zealand-Ireland Joint Research Call on Agriculture and Climate Change are now open. This is the third research call in the three-year Joint Research Initiative pilot launched in 2022 by the Ministry for Primary Industries and Ireland’s ...5 days ago
- Tenancy rules changes to improve rental marketThe coalition Government has today announced changes to the Residential Tenancies Act to encourage landlords back to the rental property market, says Housing Minister Chris Bishop. “The previous Government waged a war on landlords. Many landlords told us this caused them to exit the rental market altogether. It caused worse ...5 days ago
- Boosting NZ’s trade and agricultural relationship with ChinaTrade and Agriculture Minister Todd McClay will visit China next week, to strengthen relationships, support Kiwi exporters and promote New Zealand businesses on the world stage. “China is one of New Zealand’s most significant trade and economic relationships and remains an important destination for New Zealand’s products, accounting for nearly 22 per cent of our good and ...5 days ago
- Freshwater farm plan systems to be improvedThe coalition Government intends to improve freshwater farm plans so that they are more cost-effective and practical for farmers, Associate Environment Minister Andrew Hoggard and Agriculture Minister Todd McClay have announced. “A fit-for-purpose freshwater farm plan system will enable farmers and growers to find the right solutions for their farm ...6 days ago
- New Fast Track Projects advisory group namedThe coalition Government has today announced the expert advisory group who will provide independent recommendations to Ministers on projects to be included in the Fast Track Approvals Bill, say RMA Reform Minister Chris Bishop and Regional Development Minister Shane Jones. “Our Fast Track Approval process will make it easier and ...6 days ago
- Pacific and Gaza focus of UN talksForeign Minister Winston Peters says his official talks with the United Nations Secretary-General Antonio Guterres in New York today focused on a shared commitment to partnering with the Pacific Islands region and a common concern about the humanitarian catastrophe in Gaza. “Small states in the Pacific rely on collective ...7 days ago
- Government honours Taranaki Maunga dealThe Government is honouring commitments made to Taranaki iwi with the Te Pire Whakatupua mō Te Kāhui Tupua/Taranaki Maunga Collective Redress Bill passing its first reading Parliament today, Treaty Negotiations Minister Paul Goldsmith says. “This Bill addresses the commitment the Crown made to the eight iwi of Taranaki to negotiate ...1 week ago
- Enhanced partnership to reduce agricultural emissionsThe Government and four further companies are together committing an additional $18 million towards AgriZeroNZ to boost New Zealand’s efforts to reduce agricultural emissions. Agriculture Minister Todd McClay says the strength of the New Zealand economy relies on us getting effective and affordable emission reduction solutions for New Zealand. “The ...1 week ago
- 110km/h limit proposed for Kāpiti ExpresswayTransport Minister Simeon Brown has welcomed news the NZ Transport Agency (NZTA) will begin consultation this month on raising speed limits for the Kāpiti Expressway to 110km/h. “Boosting economic growth and productivity is a key part of the Government’s plan to rebuild the economy and this proposal supports that outcome ...1 week ago
- New Zealand Biosecurity Awards – Winners announcedTwo New Zealanders who’ve used their unique skills to help fight the exotic caulerpa seaweed are this year’s Biosecurity Awards Supreme Winners, says Biosecurity Minister Andrew Hoggard. “Strong biosecurity is vital and underpins the whole New Zealand economy and our native flora and fauna. These awards celebrate all those in ...1 week ago
- Attendance action plan to lift student attendance ratesThe Government is taking action to address the truancy crisis and raise attendance by delivering the attendance action plan, Associate Education Minister David Seymour announced today. New Zealand attendance rates are low by national and international standards. Regular attendance, defined as being in school over 90 per cent of the ...1 week ago
- World must act to halt Gaza catastrophe – PetersForeign Minister Winston Peters has told the United Nations General Assembly (UNGA) in New York today that an immediate ceasefire is needed in Gaza to halt the ongoing humanitarian catastrophe. “Palestinian civilians continue to bear the brunt of Israel’s military actions,” Mr Peters said in his speech to a ...1 week ago
- Speech to United Nations General Assembly: 66th plenary meeting, 78th sessionMr President, The situation in Gaza is an utter catastrophe. New Zealand condemns Hamas for its heinous terrorist attacks on 7 October and since, including its barbaric violations of women and children. All of us here must demand that Hamas release all remaining hostages immediately. At the ...1 week ago
- Government woolshed roadshow kicks offToday the Government Agriculture Ministers started their national woolshed roadshow, kicking off in the Wairarapa. Agriculture Minister Todd McClay said it has been a tough time for farmers over the past few years. The sector has faced high domestic inflation rates, high interest rates, adverse weather events, and increasing farm ...1 week ago
- PM heads to Singapore, Thailand, and PhilippinesPrime Minister Christopher Luxon will travel to Singapore, Thailand and the Philippines this week (April 14-20), along with a senior business delegation, signalling the Government’s commitment to deepen New Zealand’s international engagement, especially our relationships in South East Asia. “South East Asia is a region that is more crucial than ever to ...1 week ago
- Prime Minister launches Government TargetsPrime Minister Christopher Luxon has announced further steps to get New Zealand back on track, launching nine ambitious Government Targets to help improve the lives of New Zealanders. “Our Government has a plan that is focused on three key promises we made to New Zealanders – to rebuild the economy, ...1 week ago
- Natural hydrogen resource should be free of Treaty claims entanglementNatural hydrogen could be a game-changing new source of energy for New Zealand but it is essential it is treated as a critical development that benefits all New Zealanders, Resources Minister Shane Jones says. Mr Jones is seeking to give regulatory certainty for those keen to develop natural, or geological, ...1 week ago
- Government responds to unsustainable net migration...1 week ago
- New Zealand on stage at global Space SymposiumSpace Minister Judith Collins will speak at the Space Symposium in the United States next week, promoting New Zealand’s rapidly growing place in the sector as we work to rebuild the economy. “As one of the largest global space events, attended by more than 10,000 business and government representatives from ...1 week ago
- After a second knife attack in Sydney, how can parents talk to their kids and help them feel safe?
Source: The Conversation (Au and NZ) – By Elizabeth Westrupp, Associate Professor in Psychology, Deakin University In the space of three days, there have been two devastating knife attacks in Sydney. Your child may have seen these on the news or social media. Or they might be hearing about it ...1 hour ago - Why is the Sydney church stabbing an act of terrorism, but the Bondi tragedy isn’t?Source: The Conversation (Au and NZ) – By Greg Barton, Chair in Global Islamic Politics, Alfred Deakin Institute for Citizenship and Globalisation, Deakin University Just days after the deadly Westfield Bondi attacks, a second knife attack in Sydney has generated widespread shock and grief. This time, a 16-year-old entered an ...2 hours ago
- Masses of scalloped hammerheads have returned to one of Australia’s busiest beaches. But we don’...Source: The Conversation (Au and NZ) – By Olaf Meynecke, Research Fellow in Marine Science and Manager Whales & Climate Program, Griffith University A juvenile hammerhead at Burleigh Beach, watched by snorkellers Olaf Meynecke, CC BY-NC-ND For the second year in a row, over 100 hammerheads have gathered at one ...2 hours ago
- Have New Zealanders been misled about AUKUS, is involvement a foregone conclusion?
Analysis - New Zealand involvement in pillar two of the military deal would represent a seismic shift. ...3 hours ago - How the Lehrmann v Channel 10 defamation case shone an unflattering light on commercial news gatheri...Source: The Conversation (Au and NZ) – By Denis Muller, Senior Research Fellow, Centre for Advancing Journalism, The University of Melbourne Network Ten and Lisa Wilkinson’s victory in the defamation action brought against them by Bruce Lehrmann is the second big win inside a year for the Australian media using ...4 hours ago
- Pharmacists should be able to dispense nicotine vapes without a prescription. Here’s whySource: The Conversation (Au and NZ) – By Coral Gartner, Director, NHMRC Centre of Research Excellence on Achieving the Tobacco Endgame, The University of Queensland Zamrznuti tonovi/Shutterstock The Australian government is currently considering a bill to implement the next stage of reforms to vaping regulation. At present, vaping products ...4 hours ago
- For 600 years the Voynich manuscript has remained a mystery. Now we think it’s partly about sexSource: The Conversation (Au and NZ) – By Keagan Brewer, Macquarie University Research Fellow, Macquarie University Yale University Library The Voynich manuscript has long puzzled and fascinated historians and the public. This late-medieval document is covered in illustrations of stars and planets, plants, zodiac symbols, naked women, and blue ...5 hours ago
- Can AI read our minds? Probably not, but that doesn’t mean we shouldn’t be worriedSource: The Conversation (Au and NZ) – By Sam Baron, Associate Professor, Philosophy of Science, The University of Melbourne Iconic Bestiary / Shutterstock Earlier this year, Neuralink implanted a chip inside the brain of 29-year-old US man Noland Arbaugh, who is paralysed from the shoulders down. The chip has ...6 hours ago
- 5 reasons why the Fast-track Approvals Bill threatens NZ’s already fragile ecosystemsSource: The Conversation (Au and NZ) – By Margaret Stanley, Professor of Ecology, University of Auckland, Waipapa Taumata Rau Getty Images Conservation “good news” stories – the release of native birds into new habitats, for example – are always welcome. They recognise the work of conservation staff and volunteers ...6 hours ago
- Stuff to provide news bulletins to replace Newshub on ThreeBy Colin Peacock, RNZ Mediawatch presenter Warner Bros Discovery has done a deal with Stuff to provide news to replace Newshub. It will keep news on TV channel Three from July 6 and help Three retain some viewers. It also means important income for Stuff, but it will also stretch ...6 hours ago
- Stuck in fight-or-flight mode? 5 ways to complete the ‘stress cycle’ and avoid burnout or depres...Source: The Conversation (Au and NZ) – By Theresa Larkin, Associate professor of Medical Sciences, University of Wollongong Shutterstock Can you remember a time when you felt stressed leading up to a big life event and then afterwards felt like a weight had been lifted? This process – the ...6 hours ago
- Ministry of Education job cuts may affect school lunch programmeThere is concern the team delivering the programme could be halved, while RNZ has also been told it will be "decimated". ...6 hours ago
- From forced kisses to power imbalances, violence against women in sport is endemicSource: The Conversation (Au and NZ) – By Fiona Giles, Research Fellow, La Trobe Rural Health School, La Trobe University Former Spanish football federation chief Luis Rubiales may face significant consequences for his non-consensual kiss of Spanish soccer star Jenni Hermoso. But this is not the norm for perpetrators ...7 hours ago
- As China’s influence on Pacific media intensifies, Australia can’t afford to lose the region’s...Source: The Conversation (Au and NZ) – By Lucy Morieson, Lecturer in Politics and Communication , RMIT University When the people of Solomon Islands go to the polls on Wednesday, they will be voting for more than just a new prime minister. The election will also be a referendum on ...7 hours ago
- The best moments from the outrageous final episodes of MAFS AU
From the Jono and Ellie bombshell to the return of Collins, we look at back at the final episodes of Married at First Sight Australia 2024. When John Aiken told us back in February that we were in for a “quite shocking” season of Married at First Sight Australia, little ...7 hours ago - Expanding Coal Mining In 21st Century An “absurd, Selfish Decision” Says WWF
Resources Minister Shane Jones announced today that the Government will ease the consenting process for setting up new coal mines or expanding existing ones. ...7 hours ago - The Boy in the Water nominated for best podcast
Newsroom has received five nominations for the 2024 Voyager Media Awards, including best podcast for Melanie Reid’s popular nine-part in depth investigation The Boy in the Water. ReadingRoom’s Steve Braunias has been nominated for best columnist, opinion or critique, and Aaron Smale is up for the Te Tohu Kairangi award. ...8 hours ago - Watch: Christopher Luxon faces questions in SingaporeThe Prime Minister is speaking to media on his second day of a tour around South East Asia. ...8 hours ago
- Watch live: Christopher Luxon faces questions in SingaporeThe Prime Minister is speaking to media on his second day of a tour around South East Asia. ...8 hours ago
- How The Lost Boys of Dilworth brought a ‘horrendous nightmare’ to lifeAlex Casey talks to the makers of TVNZ’s new docudrama retelling the stories of Dilworth survivors. This story contains reference to sexual abuse, please take care. When she first saw the child actors that would be playing the young versions of Dilworth survivors, Mary Durham nearly burst into tears on ...8 hours ago
- Pro-independence activist issues dire warning to France over Kanaky New CaledoniaBy Lydia Lewis, RNZ Pacific journalist A pro-independence activist in New Caledonia is warning France to immediately halt its planned constitution amendments or face “war”. The call for a u-turn follows proposed constitutional changes to voting rights which could push the number of eligible anti-independence voters up. Pacific Independence Movement ...9 hours ago
- The last days of motorsport at Pukekohe Park Raceway | Checkered Flag | The SpinoffIn the final months of the Pukekohe Park Raceway, the father and daughter duo managing the grassroots racecourse want to give everyone a last chance to go fast. This asphalt has been a part of New Zealand’s motorsport community and history for 60 years. Checkered Flag is made with the ...9 hours ago
- Watch: David Seymour announces early childhood education centre changesACT's leader read to children while sitting next to a book featuring Jacinda Ardern, before telling reporters the former prime minister was an authoritarian. ...9 hours ago
- Smaller agencies cutting deepest into staffing, data to date showsSmaller agencies are making deepest cuts as they look to save costs, RNZ data shows. ...9 hours ago
- The last days of motorsport at Pukekohe Park RacewayIn Checkered Flag, the father and daughter duo managing the Pukekohe Park Raceway want to give everyone one last chance to go fast before its closure. Since it opened in 1962, the Pukekohe Park Raceway has hosted the New Zealand Grand Prix, the Tasman Series, and Supercar Championships as ...9 hours ago
- Labour Productivity Falls 0.9 PercentLabour productivity fell 0.9 percent in the year ended March 2023, according to figures released by Stats NZ today. The 0.9 percent fall in labour productivity was the largest fall since 2009. It follows a rise of 1.0 percent in the year ended March ...10 hours ago
- Shane Jones Throws A Lump Of Coal To The Mining LobbyistsCoal Action Network Aotearoa (CANA), the national organisation campaigning for an end to coal mining and coal use, says Resources Minister Shane Jones needs to understand the world has moved on from the industrial revolution, and coal - and siding with ...11 hours ago
- Jeepers creepers: the climbing cost of climate change compoundsKiwibank chief economist Jarrod Kerr explains what effect climate change will have on inflation, housing and policy – and whether there’s a way out. Climate change. It’s a gigantic force and it’s coming into play at a time when New Zealand is already struggling with inflation. We’ve gone from a ...11 hours ago
- New deal intends to make trade with Singapore simplerCustoms has signed a cooperation agreement with its Singaporean counterpart. ...11 hours ago
- Will pet bonds really be a win-win? I’m not holding my breathMaking it easier for people with pets to find rentals is a good thing. But the pet bonds policy is just one proposal in a suite of many that overwhelmingly favour landlords’ rights, argues Kristin Kelly. Renting in New Zealand, generally speaking, sucks. At the time of the last census, ...11 hours ago
- Shane Jones announces easier coal mine consentingThe Resources Minister says changes to coal mine consenting will reduce barriers to extraction. ...12 hours ago
- How a global crisis, drift racing and Memphis hip-hop gave us phonk – the music of the TikTok gene...Source: The Conversation (Au and NZ) – By Andy Ward, Senior Lecturer in Music, School of Business and Creative Industries, University of the Sunshine Coast Shutterstock What’s that sound you hear – a combination of down-tempo hip-hop, menacing bass, distorted drums and plucky synths? It’s phonk! Still ...12 hours ago
- Watch live: David Seymour announces early childhood education centre changesThe government has announced changes to the ECE sector, which it says will make it easier for new centres to be set up. ...12 hours ago
- The cost of being: A skint student waiting anxiously to start a new jobAs part of our series exploring how New Zealanders live and our relationship with money, a 30-year-old who’s just finished his studies will be breathing a sigh of relief when that first paycheck comes in. Gender: Male Age: 30 Ethnicity: Māori/European Role: Student/trainee, volunteer for a youth organisation. Salary/income/assets: Me: $400pw ...12 hours ago
- Breaking: Stuff wins race to replace Newshub with a new 6pm bulletin for ThreeSources familiar with the deal say the print news giant has beaten out NZME to create a 6pm bulletin to replace Newshub at Three. Less than a week after Three confirmed that its proposal to completely shutter Newshub will be going ahead, it will today confirm that Stuff has won ...12 hours ago
- Can playing Tetris help prevent PTSD if you’ve witnessed something traumatic?Source: The Conversation (Au and NZ) – By Daniel Bressington, Professor in Mental Health, Charles Darwin University In the wake of witnessing tragic events, many people turn to online communities such as Reddit to discuss and process their experiences. A common bit of advice users give each other is to ...13 hours ago
- Have New Zealanders really been ‘misled’ about AUKUS, or is involvement now a foregone conclusio...Source: The Conversation (Au and NZ) – By Marco de Jong, Lecturer, Law School, Auckland University of Technology Getty Images When former prime minister Helen Clark spoke out against New Zealand potentially compromising its independent foreign policy by joining pillar two of the AUKUS security pact, foreign minister ...13 hours ago
- With democracy under threat in Narendra Modi’s India, how free and fair will this year’s electio...Source: The Conversation (Au and NZ) – By Priya Chacko, Associate Professor, International Politics, University of Adelaide India’s prime minister, Narendra Modi, is favoured to win reelection when India’s 970 million voters start heading to the polls on April 19 in the country’s massive, six-week general election. Modi, who has ...13 hours ago
- What happens when I stop taking a drug like Ozempic or Mounjaro?Source: The Conversation (Au and NZ) – By Natasha Yates, General Practitioner, PhD Candidate, Bond University Diva Plavalaguna/Pexels Hundreds of thousands of people worldwide are taking drugs like Ozempic to lose weight. But what do we actually know about them? This month, The Conversation’s experts explore their rise, ...13 hours ago
- Climate change is causing marine ‘coldwaves’ too, killing wildlifeSource: The Conversation (Au and NZ) – By Nicolas Benjamin Lubitz, Researcher in marine ecology, James Cook University Ryan Daly The effects of ocean warming are profound and well-documented. But sometimes changes in the patterns of winds and ocean currents cause seawater to suddenly cool, instead. Surface temperatures ...13 hours ago
- Our research suggests eating an unhealthy breakfast could have a similar effect on your child’s sc...Source: The Conversation (Au and NZ) – By Andrew J. Martin, Scientia Professor and Professor of Educational Psychology, UNSW Sydney Haley Owens/Unsplash, CC BY Many parents know it is important for their teenagers to have breakfast before they go to school. Even though young people can be reluctant ...13 hours ago
- NZ joins call for Israel not to escalate tensions with IranForeign Minister Winston Peters says now is not the time escalation, but rather for calmness. ...13 hours ago
- China’s forced returns prompt call for foreign interference committeeA report sheds new light on NZ residents pressured into returning to China to face its legal system The post China’s forced returns prompt call for foreign interference committee appeared first on Newsroom. ...13 hours ago
- Mega tunnel idea prompts anger and satire but finds a couple of championsOne proponent has suggested the minister give Elon Musk a call about the newly resurrected mega tunnel idea for Wellington, writes Anna Rawhiti-Connell in this excerpt from The Bulletin, The Spinoff’s morning news round-up. To receive The Bulletin in full each weekday, sign up here. ‘We’re having a really good look ...13 hours ago
- Costs of Pūhoi to Warkworth motorway not to be finalised until 2025The divvying up of costs for the billion-dollar Pūhoi to Warkworth motorway will not be finalised until next year. ...14 hours ago
- Air NZ calls for Govt mandates to help drive sustainable aviation fuel useNew Zealand’s national carrier has taken a leap towards its net zero 2050 goal, with its biggest ever purchase of sustainable aviation fuel. But Air NZ chair Dame Therese Walsh said it was now time for the Government to step in with policies that would help level the playing field ...15 hours ago
- Public service cuts: $6.3m in payouts at one ministry so farThe total cost of redundancies across the public service is not yet known and the Finance Minister has not asked for an estimated price tag. ...16 hours ago
- A flagpole, a failed space, and a confused history of white fragilityWellington’s Flagstaff Hill has a strange, dark history…. or does it? Max Rashbrooke uncovers the truth about a historical myth. I pass it almost every day, yet never see it used. The flagpole, placed on a grassy hill above Wellington’s CBD, surrounded by trees and houses, and accessible only by ...16 hours ago
- A series of alternative, equally ambitious, transport options for WellingtonYou want to build a giant underground tunnel? Dream a little bigger. On Monday, news broke that the government is investigating the prospect of a mega-tunnel, running from Wellington’s The Terrace to Kilbirnie, designed to reduce the car load on State Highway 1 and speed trips up by an astounding ...16 hours ago
- Man in the middleIt’s no easy task leading a company that supplies fossil fuels in this day and age, and no one gives Z Energy chief executive Lindis Jones a harder time about it than his own kids. His work skating the friction zone – maintaining steady fuel supply while supporting the transition ...16 hours ago
- Carers want out from disability ministry over funding fiascoCarers want to use their funding as they see fit The post Carers want out from disability ministry over funding fiasco appeared first on Newsroom. ...16 hours ago
- Swiss climate ruling full of holesOpinion: European Court of Human Rights rules that Switzerland’s climate policy violates human rights of its citizens The post Swiss climate ruling full of holes appeared first on Newsroom. ...16 hours ago
- Newsroom daily quiz, Tuesday 16 AprilLoading…(function(i,s,o,g,r,a,m){var ql=document.querySelectorAll('A[quiz],DIV[quiz],A[data-quiz],DIV[data-quiz]'); if(ql){if(ql.length){for(var k=0;k<ql.length;k++){ql[k].id='quiz-embed-'+k;ql[k].href="javascript:var i=document.getElementById('quiz-embed-"+k+"');try{qz.startQuiz(i)}catch(e){i.start=1;i.style.cursor='wait';i.style.opacity='0.5'};void(0);"}}};i['QP']=r;i[r]=i[r]||function(){(i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)})(window,document,'script','https://take.quiz-maker.com/3012/CDN/quiz-embed-v1.js','qp'); Got a good quiz question? Send Newsroom your questions. The post Newsroom daily quiz, Tuesday 16 April appeared first on Newsroom. ...16 hours ago
- Rhapsody in feijoaThe greatest book ever written about the feijoa may well be the only book ever written about the feijoa but there is no doubting that the recently published Feijoa by Kate Evans qualifies as a New Zealand natual history classic, a deep and knowledgeable dive into the life story of ...16 hours ago
- Daily crossword, Tuesday 16 AprilThe post Daily crossword, Tuesday 16 April appeared first on Newsroom. ...16 hours ago
- Principals on the truth behind truancyBad parenting – or are there a million other reasons that a child might not make it to school? Ask Ash Maindonald, the principal of Western Heights School, a primary school in West Auckland. He’ll tell you that every principal he speaks to has a litany of war stories they ...16 hours ago
- Beyond the DoC job cuts: ‘The worst is yet to come’Losing staff is just the beginning of a coming storm for the Department of Conservation, environmental groups warn The post Beyond the DoC job cuts: ‘The worst is yet to come’ appeared first on Newsroom. ...16 hours ago
- ‘Reverse uplift’ foster parents still waiting to hear from OTThe foster couple at the centre of a Newsroom video investigation ordered removed from our website by the High Court are hopeful a Court of Appeal ruling means they finally hear back from Oranga Tamariki, who have been giving the couple the “silent treatment”. “We’re still in limbo. Our lives ...16 hours ago
- Environment Court shuts down Pākiri sand mining appealThe court found the ‘clear benefits’ of continuing to take sand from Pākiri didn’t outweigh environmental concerns The post Environment Court shuts down Pākiri sand mining appeal appeared first on Newsroom. ...16 hours ago
- Security steals focus in Luxon’s Singapore swingOne of New Zealand’s closest defence partners has warned of the possibility of “calamity” if countries didn’t come together to negotiate a peaceful resolution to the Middle East conflict. “It is a very troubled world. And in particular, it is a very very troubled Middle East,” said Singapore Prime Minister ...21 hours ago
- Rideshare giant Ola has abruptly exited the Australian market. What does this mean for the future of...Source: The Conversation (Au and NZ) – By Neil G Sipe, Honorary Professor of Planning, The University of Queensland Diego Thomazini/Shutterstock Last week, Indian rideshare giant Ola announced that it would abruptly cease operations in Australia, New Zealand and the UK. A competitor to Uber, the company ...23 hours ago
- Recession, high interest rates take toll on construction industryTony Boyce threw "mega bucks" into his company to try keep it afloat but with no work coming in, he has to close it down for good. ...24 hours ago
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Nice for some under this government.
Always seems to cost the rest of us though.
Huh, I though exactly the same thing around WFF and Interest Free Student Loans, these are nice for some, always seem to cost the rest of us though…..
Is that right, Bob? Pity for you then that John Key chose not to follow through on his initial criticisms of those “communism by stealth” policies (if I recall his words as opposition leader correctly). Seems he discovered through National’s internal polling that living up to his criticism and campaigning to get rid of these examples of “communism by stealth” would make him unelectable.
Almost as if those pesky middle class NZ voters are actually far more left wing at heart than they sometimes realise, so much so that it would only vote National if they retain that “communism by stealth”. It’s been a long 5 years, but buyer’s remorse is finally setting in among them.
WfF is a subsidy to business so that they can continue to pay sub-par wages.
Interest-free student loans shouldn’t exist because education should be freely available as its benefits for the country far outweigh the costs.
yes the sort of free education that most of the current MP’s would have enjoyed, especially the slippery one.
I don’t think you understand the meaning of the word “loan”.
I don’t think you understand the meaning of the phrase “interest free”
You know, it’s been known for thousands of years that charging interest inevitably causes the collapse of the economy and society. This is why all major religions that have come out of the ME ban charging interest.
“1) a mystical claim that the private sector will find efficiencies in a PPP that they wouldn’t find if they were just contracted to build a project normally”
Like up at Kaipara?
This makes me so very cross….. f%#k!!*… arrrgh #@@nt&%$…..
The National Party are a bunch of fucking losers and wankers.
Pike River.
Pike River
Pike River
Pike River
Pike River
Pike River
29 men killed by these sorts of policies.
29 men killed.
Drop it you National Party arseholes. Drop it. Take your lessons.
Don’t you mean “Take your learnings” ?
That’s the latest buzz – linguistic invention, designed to spin and obfuscate.
….. trickle down
….. job creators
….. corporate citizenry
…… stakeholders
……. etc, etc, etc
…. Not long before we’ll be hearing “The NZ People” (a la “The American People” or “The Australian People”). I’m surprised Hooten hasn’t already tried it on.
Another addition to the John Key Memorial Cycle-way……when the oil runs out!!!!! The “too big to fail” banks will be a long forgotten entity by then as will the debt. Perhaps we will have to swerve the overgrown diggers left on the roadside to rust….
1970: When the oil runs out…
1980: When the oil runs out…
1990: When the oil runs out…
2000: When the oil runs out…
2010: When the oil runs out…
2013: When the oil runs out…
Ok.
Why do you think they’re fighting the off shore drilling so hard.
Probably enough oil and gas out in the oceans to last another 10,000 years, if we want to stay with petroleum.
There may be enough fossil fuels left to last a few more decades but we want to last the 10,000 years which we won’t be able to do if we burn it.
have you seen the price of petrol?
peak oil isn’t about oil ‘running out’, it’s about not being able to produce enough to meet demand at an affordable price, leading to it become ‘too expensive to burn’, resulting in demand destruction…. which is what we’re seeing in a number of countries as oil demand falls/recession hit.
Most of what we pay at the pump is taxes.
Remove those taxes and all of a sudden petrol’s looking cheap again.
Thinking about it, if I was Key I’d say “if we strike oil offshore all taxes accept GST will be removed from the price of petrol.
Then everyone would be like “DRILL,DRILL,DRILL” and National would win the next election by a landslide.
Hmm, maybe I should email him.
Those petrol taxes you want to remove help pay for future roading projects, not to mention the extra few cents Bill English whacked on to help balance the budget this time last year. Better not send that email, he doesn’t need reminding how stupid his supporters are, he already knows.
Off shore drilling will pay for all the future roading projects.
Four lanes + all the way from Auckland to Wellington.
That’s one way to scare the likes of Anadarko off..
“Auckland to Wellington”
What happened to the rest of NZ? Did Nact sell it off overnight?
Offshore drilling won’t even pay for the last round of tax cuts key gave himself and his cronies.
Reply went into moderation, will try again.
“Off shore drilling will pay for all the future roading projects.”
That will scare the Anadarko’s away, good plan.
“Auckland to Wellington”
What happened to the rest of NZ? Did National sell it off overnight?
Wow, you really are gullible aren’t you?
If that were the case then present drilling would be paying for the present roads and it’s clearly not.
no, remove the taxes and the price of petrol has still doubled over the past decade
yo do understand that anadarko isnt a charity right? And the oil will be going far far away if they find it? Even fiji has worked out that if foreigners want to make a shitload of money in their country then 20% has to go to the government coffers.
Like the “too big to fail” power companies? We should keep 100% ownership in them then cos they are guaranteed income forever……..
We should keep 100% ownership in them because power is a necessity for all households and businesses within New Zealand. Makes no difference if the companies are making a trillion dollars a year or 50c per year, we’ll still need the power from them.
In the case of power generating companies, they’re not too big to fail. They’re too important to fail. Complete government ownership means they’re guaranteed not to fail, particularly if run under a non-profit model like they always used to be…
Another one of Bill English’s “nice to have’s” unless you’re poor, working class or otherwise. The old double-standard rules. Another example of why the Treasury heads should have been king-hit back in the ’80’s for ever having dis-established the old Ministry of Works. These guys were geniuses – Treasury was/is a ship of fools. Transmission Gully will cost $3 billion – how efficient is that ?
The Ministry of Works gave the nation a strategic ability to do things in a hurry. Now we get Brownlee and Fletchers and Christchurch dies. I’d swap MoW for Treasury any day of the week.
Another one of Bill English’s “nice to have’s” unless you’re poor, working class or otherwise. The old double-standard rules. Another example of why the Treasury heads should have been king-hit back in the ’80’s for ever having dis-established the old Ministry of Works. These guys were geniuses – Treasury was/is a ship of fools. Transmission Gully will cost $3 billion – how efficient is that ?
Are the government going to add $3000 million to the national debt when they sign the contract?
PPPs are simply a massive scam
Why must we continually repeat the mistakes of the past? Do we learn nothing from History? Can we not look offshore and learn from the mistakes of others?
The UK has this year woken up to the realisation that PPPs are costing them big time
http://norightturn.blogspot.co.nz/2012/07/ppps-are-scam.html
Key and his cronies are nothing more than scammers.
5 billion extra dollars coming in to this little country courtesy of a few thousand forward thinking dairy farmers. Your a bloody ungrateful , lot that is forever biting the hand that feeds you.
[this is a post about Transmission Gully. Are dairy farmers happy to pay $3b for the $900m Transmission Gully? JH]
Actually, the only thing the dairy farmers are doing is costing us billions of dollars because it’s going to cost us that much to clean up after the dirty fuckers.