Written By:
Eddie - Date published:
8:57 pm, March 18th, 2013 - 52 comments
Categories: jobs, privatisation -
Tags:
So much for all this propaganda about the asset sales being all about deepening markets here and giving Kiwis a chance to invest. When it came to building the website for the pre-registration, where did the Nats go? To Aussie. They got an Aussie company to build the site, saying Kiwi companies weren’t up to it. Cause, you know, the site is soooo secure and all.
No wonder we have trouble building hi-tech companies if government take that attitude. If they’re going to sell the bloody things, the least they could have done is back Kiwi business and create Kiwi jobs at the same time.
And what do you reckon the odds are that the company in Aussie was employing a fair number of Kiwi economic refugees?
The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
The server will be getting hardware changes this evening starting at 10pm NZDT.
The site will be off line for some hours.
It is quite understandable in a way. The Government is selling a cut of our assets to overseas. Why not send some of the work overseas as well?
Can i have another Chinese train set please.
heard employees of Hillside describing how the projects they were to carry out were “set up to fail”
Yes we need deeper capital markets./sarc
Like Australia’s where the banks make up 30% of the market capitalisation of the ASX 200.
Or like the USA (world’s largest economy) where 25% of all corporate profits in the last financial year were earned in the finance sector.
There you have it folks – the markets are about the banks. The finance sector is the most productive in the land.
Invest at your peril – there aint a shit show in hell that the markets (actually, the economies) are even remotely healthy, let alone sustainable in any sense.
….. people are all at sea with investment at the moment, getting all hot and bothered about soaring stock markets and bubbling property markets. We seen it all before, just not on the scale about to unfold ….
invest at your peril.
(as for getting the website made in oz, what a bunch of arseholes. If they can go get anything they want in Oz, then I might just import various suitable laws of theirs like the South Australian cannabis laws, maybe import tax rates from Hong Kong, and import some cheap slave labour from India, which we bloody do already anyway. The whole system is a joke)
partly driven by the massive profits they extract out of NZ workers and business’ pockets
Do people care about profits going off shore or the tax collected on their earnings? Profit after all is what’s left after the government has taxed you as individual or a company. There is little outrage of migrant workers who have set up small businesses in NZ because no one will hire them for their skills which got them here in the first place as part of their immigration application. These migrants who send their profits back home to support family that did not meet the migrant criteria.
Got comparable stats, Or Are you just pulling stuff out of your arse?
Are you comparing apple with apples, or similar to billions in tax fraud vs a few million in benefit fraud ?
Oh it happens. collecting a benefit whilst employed in a job that enables them to do cash under the table jobs on a daily basis and yep they send a lot of that money overseas.
IRD know they just aren’t interested.
I’m sure “it happens”.
My question was whether the overseas transfers from local migrants approaches within an order of magnitude the profits extracted by overseas corporate owners.
How relevant is it? Money is still leaving the shores of NZ which seems to be of greatest concern to some people. If there is outrage that bank is doing it, equally there should be “outrage” that a 7-11 store owner does it too. Besides the money going off shore is after tax has been collected, so why should we care that profits after tax are sent overseas – if it were untaxed earnings, then sure, we have a reason to be “outraged”.
So you don’t care about money being sucked out of NZ workers pockets and out of NZ communities, the same monies then being used to support the lifestyle of wealthy Australian bank shareholders?
No I don’t care. Irrespective of whether you are a large corporation or small business or the value of the profits between the 2 groups. So long as NZ employees are paid what was agreed to and the IRD collect the tax required to run the country what they do with their profits is their business.
Hard currency is leaving the country indiana. You better start caring if you think small things like the “balance of payments” and the “trade deficit” is important.
Of course it seems like you don’t.
It’s remarkable ain’t it? That “ANZAC” spirit I mean. Actually that ANZAC spirit is fast becoming an enabler of the one-sided Howard-like attitude.
Once upon a time – we didn’t even need a passport to travel to Australia, nor did Australians travelling to NZ. Once upon a time a New Zulln currency was worth more than its Australian counterpart.
Funny ole world ain’t it!
ESPECIALLY when you’ve got JK sucking JG’s muff (supposedly representing the LEFT in Oz) all the while selling us out at every opportunity.
Whilst I type – I’m watching a documentary – FORTRESS AUSTRALIA. Oh how history repeats! No wonder OZ was horrified when Lange stood up for an independant policy that took the NZ out of ANZUS.
Praise the Lord and pass the ammunition! …. demonise the foreigners, the minorities, those not commited to the cause, divide and rule.
How hard is it to set up a website that asks people for their name, email address and city? Oh, and let’s not forget the captcha to stop spammers. Real high tech, all that stuff. Better get an Aussie to do it…
http://www.templatemonster.com/
Talent 2 are an Aussie company too.
Ironic, because lprent offloaded his website to overseas
[not the design and maintenance, just one of the servers. besides, bit of a difference between a blog and the government, eh? Eddie]
[lprent: Yeah this site now costs ~$170/mo and is now a stable monthly cost. But previously the freaking overseas spiders and bots kept pushing it out to over $400/mo and even as high as $600/mo because of the southern cross cable monopoly pricing (~95% of our readers are inside NZ where the traffic is part of the server cost – ie free, but we get charged very high $/GB for overseas traffic reading us). Which is why we moved offshore*.
And you can bet that the government placed their servers offshore for this registration because it was cheaper to do that than be at the mercy of
Telecomthe southern cross consortium.If you look at the development vs running costs of the site – what is the bet that much of it was in the running costs if in NZ. But of course they have spent much of the millions expended to date pitching to overseas buyers so the excessive monopoly charging on the southern cross would have raised their costs for the site to an unacceptable level. Perhaps Steven Joyce should raise his lazy arse and find out why NZ providers can’t provide web servers in NZ economically – despite having a pretty cheap local network.
* Plus of course the rather idiotic and unenforceable proposed bill from the Law Commission that is in front of Judith Collins at present that would require us to lift privacy on the receipt of a compliant (not a judgement – just a complaint FFS). ]
Yep, because internet pricing in NZ is way over the top (one of the effects of selling Telecom is higher pricing) but made it himself.
You may have heard of CER. Aussie and NZ companies compete equally, with no local preference. Same rules for the last 25 years. Won’t change under a Labour/ Green govt. So this is no story at all except as political noise.
Preference is set by the Tory Government sending good NZ work offshore
Who needs NZ workers to do anything more than make Big Macs
Australia has laws to ensure a preference for government to contract local businesses. So, compete? Nope. The Australian government will never contract a NZ business to do anything.
Australia is better and less apologetic about self interest than NZ.
NZ are naive acolytes of the free market level playing field fantasy.
Any smart general slants the fight in their favour.
Yeah it is a pity that we have a government determined to make local servers and web service providers too expensive to use. Between the 15% GST and the cost of the southern cross cable monopoly, no-one puts servers here anymore. Even the local web companies are moving offshore.
Ummm but did the government do it merely on price, or in their actual cost? After all the GST and other taxes revenue feed back to…. you guessed it?
Utter rubbish. Computershare is aussie owned but they also have a branch in Takapuna employing several hundred people. The website, and the call centre are run from a property in Albany, again employing more than 60 NZers. The server, and everything else, is right here in Auckland.
The media need to get their facts right.
hahahaha. That’s about the typical pattern. My god.
Kiwis in low paid roles
Profits exported back across the Tasman
Decisions made in Sydney by Australians.
NZers just serf labour.
BTW where did you get the employee numbers for Computershare from?
Good evening CV.
I can assure you the Auckland staff are world class especially in the investor services division. They do not employ “serfs” for the simple reason if one were to give an investor incorrect information they would be liable under securities act laws.
Google the company, they are very well respected worldwide.
Regards, Greg.
Please show me any document or reference which demonstrates that they employ 100 or more people in NZ.
Also, please tell me where profits from the NZ operation are sent to.
CV,
1: go into their Hurstmere Rd office in Takapuna, do a quick head count.
2: NZ is a standalone subsidiary, details here: http://www.business.govt.nz/companies/app/ui/pages/companies/396101/documents
Cheers Greg.
1) Whom do I ask for permission to snoop through their offices?
2) It’s a standalone subsidiary fully owned by the Australian parent. Did you have a point?
It’s 100% owned by its Australian parent company – it’s an Aussie company…
Did Greg think that we would not understand that? And by the way, companies set themselves up like this in order to limit the liability exposure of their parent organisation and head office directors.
I’ll help them a bit
I resolved https://www.mightyrivershares.govt.nz/ to 202.50.137.88
Get a reverse DNS http://www.ntunhs.net/cgi-bin/whois20_1_allip3.cgi?HPLang=EN&LV=3&IP=202.50.137.88 to chelmer.co.nz
Looking at their daily dns changes http://www.dailychanges.com/chelmer.co.nz/ gives a good idea of domains shifting offshore over the last few years Looks like they mostly have foreign exchange there. Tempted to track the DNS change from a few days ago but it is probably innocent…
http://whois.domaintools.com/chelmer.co.nz
Company has a weird selection of domains ‘chello’ domains
Ummm.. Looks like the company ip is for Wellington – Wellington – Chelmer Treasury Solutions Ltd.
Don’t see anything about Computershare there. Probably if I started hunting around the companies office there’d be a solution to that linkage.
Incidentally that IP range looks pretty damn familiar. I’m pretty sure that it was part of the IP blocks for the frame relay network from Clear? In which case it could be going anywhere on the Telstra-Clear internal networks.
Perhaps you need to look further than simply swallowing some PR bullshit whole? That took a lot longer to write than it did to lookup
I am missing your point LP, I have done regular business with computershare for 20 years, as a supplier. I can assure you everything is here in Auckland.
The website appears to be run by a different company to the one you were asserting was running it on even a brief excursion looking at the site. Perhaps with your vast intimate knowledge of the company, perhaps you can explain why.
In the meantime, your story sounds like PR bullshit based on what can be seen on the net.
The website has been sub contracted out to Chelmer.co.nz, who have a server centre in Albany. I stand by my previous comments.
My underlying point was that you were making a set of assertions that you cannot make in the manner that you are making them, just as you are now.
How would a member of the public find out that your latest statement is correct or incorrect? You haven’t given any links. You haven’t stated how you know for certain. And now your story is changing as your original story (that Computershare was running the website) is discovered to be incorrect.
Basically you are unbelievable, and have an distinct odorous reek of PR bullshit because of the way that you are making your unsubstantiated assertions. We have seen this before. Just at present you sound just like Whaleoil when he has a PR flack paying to make his lips move in a particular way.
I’m sorry you feel this way LP. The Mighty river website link information that you provided above, directly links to Chelmer NZ, which is 50% owned by computershare. I had no idea they had subbed it out to their offshoot company until I saw your whois lookup, My mistake, I should have checked. The point I was trying to make is that while the MSM paint a picture of it going offshore, in fact it is all being done right here, and NZers are being directly employed by this, one of whom is a family member.
http://www.business.govt.nz/companies/app/ui/pages/companies/409930/shareholdings
Space Monkey also correctly identified the fact that both companies share a director.
profits still going offshore to Australian shareholders.
Once again, NZ assets being used to subsidise Australian shareholder lifestyles.
James Marshall is both a director of Chelmar Limited and the NZ subsidiary of Computershare Limited. Looks like he’s subbed the work to another of his companies.
Correct. Well spotted.
What do you supply for these guys? PR?
Computer consumables.
A bit like trying to find processed food made right here in NZ.
http://www.3news.co.nz/Finding-made-in-NZ-in-the-supermarket/tabid/367/articleID/290766/Default.aspx
It surprises me that Labour & Greens don’t exploit this issue more. NZs position with trade agreements is we have to let foreign businesses compete on a level footing but, and this is the big but, only when the Govt doesn’t have a monopoly on the business. We don’t have to give up any state run businesses to let foreigners in. We can also take back some sectors that we’ve given away to private enterprise.
We’ve let the Aussies end up dominating service provison for pretty much every part of the state sector, from cleaning & catering contracts for hospitals to IT services & you name it – the Aussies are in there creaming it off the NZ taxpayer.
We’re pretty hamstrung by the trade agreements but not totally. There is room to manouvre on them yet I never see Labour hinting at any kind of state supported industry.
I’d like to see NZ design & build the new IRD software they plan on spending $1billion on. If we can’t write that then we don’t deserve to have universities. It could also be a goldmine, plenty of other countries would buy good software like that they’re all sick of SAP and Oracle.
There is a sufficiency in the world for man’s need but not for man’s greed.
Mahatma Gandhi
+1
Kiwi politicians feel that the more they have to do with Oz, that increases their contacts and hopefully their job prospects for later when out of parliament. It’s not only workers who want to get advantage from fleeing to Australia. Everyone knows that Oz and NZ is collectively a domestic market – it’s all the same mate! Except that they invest in themselves and we invest in their banks and support their economy by giving them our work contracts, and we help them with their defence needs and we let them take the cake while we Oliver-like hold up our bowl for the crumbs.
So that’s why it doesn’t matter if they let them have contracts we should be applying our skills to and feeding into our circular economy – work in, money out, spending of money in, profits and more work out.. Politicians get paid in NZ for helping Australia. And that’s why NZ politicians don’t give a rat’s arse about this country, which is their own country, and we other NZs.
“the status quo (farming practices) leads to peasantry” -Connor English. Yep!
at one time they use to shoot people for TREASON
Our “mates” Australia:
blocked nz apples for 30 years
created novopay money hole
built us a useless navy frigate for twice the price
fraudulently offloaded ansett problems to air nz
hijacked our prime minister