CEOs rake it in while their corporations dodge taxes.
Written By:
- Date published:
11:51 am, September 3rd, 2011 - 14 comments
Categories: employment, tax -
Tags:
Guns don’t kill people, the old saw goes. People do. By the same token, corporations don’t dodge taxes. People do. The people who run corporations. And these people — America’s CEOs — are reaping awesomely lavish rewards for the tax dodging they have their corporations do. A report from the U. S. Institute of Policy Studies shows that 25 major U.S. corporations last year paid their chief executives more than they paid Uncle Sam in federal income taxes.
Some of the corporations have raised questions about the methodology used by the Institute. The Institute’s response is here. Interestingly, one of the issues raised by the corporations is that the tax results are the results of “accounting adjustments and settlements.” In rebutting this, the Institute argues that clearer corporate tax reporting is in the interest of all.
The need for clearer corporate reporting in New Zealand has also been raised today by Brian Gaynor in a Herald article titled “Changing the scores unfair to investors” .
Gaynor says:
Company directors are beginning to look like golfers who go around in 85 but put a 76 on their card because that is what they normally shoot.
and:
There can also be serious conflicts of interests if senior executives are paid on the basis of normalised, rather than audited profits. There is clearly a strong incentive for executives to focus on the higher normalised profits if their bonuses are based on these figures.
Nine of the 19 companies had normalised earnings higher than their audited figures.
Telecom reported normalised profits of $388 million, 133.7 per cent higher than the audited figures of $166 million.
That might explain Reynolds’ pay.
Also in an article in today’s Guardian discloses that the previous year’s report indicated that some of the best paid CEOs are the ones that lay off the most workers. The authors calculated that the CEOs of the 50 companies that laid off the most workers since the onset of the economic crisis took home 42% more pay in 2009 than their peers on the Standard & Poor’s 500 index.
14 comments on “CEOs rake it in while their corporations dodge taxes. ”
- Comments are now closed
- Comments are now closed
Recent Comments
- Texas Lessons
This is a guest post by Oscar Simms who is a housing activist, volunteer for the Coalition for More Homes, and was the Labour Party candidate for Auckland Central at the last election....
3 hours ago - Bernard's pick 'n' mix of the news links at 6:06 am
The top six news links I’ve seen elsewhere in the last 24 hours as of 6:06 am on Wednesday, April 17 are:Must read: Secrecy shrouds which projects might be fast-tracked RNZ Farah HancockScoop: Revealed: Luxon has seven staffers working on social media content - partly paid for by taxpayer Newshub ...5 hours ago - Fighting poverty on the holiday highway
Turning what Labour called the “holiday highway” into a four-lane expressway from Auckland to Whangarei could bring at least an economic benefit of nearly two billion a year for Northland each year. And it could help bring an end to poverty in one of New Zealand’s most deprived regions. The ...6 hours ago - Bernard's six-stack of substacks at 6:26 pm
Tonight’s six-stack includes: launching his substack with a bunch of his previous documentaries, including this 1992 interview with Dame Whina Cooper. and here crew give climate activists plenty to do, including this call to submit against the Fast Track Approvals bill. writes brilliantly here on his substack ...16 hours ago - At a glance – Is the science settled?
On February 14, 2023 we announced our Rebuttal Update Project. This included an ask for feedback about the added "At a glance" section in the updated basic rebuttal versions. This weekly blog post series highlights this new section of one of the updated basic rebuttal versions and serves as a ...16 hours ago - Apposite Quotations.
18 hours ago - What’s a life worth now?
You're in the mall when you hear it: some kind of popping sound in the distance, kids with fireworks, maybe. But then a moment of eerie stillness is followed by more of the fireworks sound and there’s also screaming and shrieking and now here come people running for their lives.Does ...18 hours ago - Howling at the Moon
Karl du Fresne writes – There’s a crisis in the news media and the media are blaming it on everyone except themselves. Culpability is being deflected elsewhere – mainly to the hapless Minister of Communications, Melissa Lee, and the big social media platforms that are accused of hoovering ...20 hours ago - Newshub is Dead.
I don’t normally send out two newsletters in a day but I figured I’d say something about… the news. If two newsletters is a bit much then maybe just skip one, I don’t want to overload people. Alternatively if you’d be interested in sometimes receiving multiple, smaller updates from me, ...20 hours ago - Seymour is chuffed about cutting early-learning red tape – but we hear, too, that Jones has loose...
Buzz from the Beehive David Seymour and Winston Peters today signalled that at least two ministers of the Crown might be in Wellington today. Seymour (as Associate Minister of Education) announced the removal of more red tape, this time to make it easier for new early learning services to be ...20 hours ago - Bryce Edwards: Will politicians let democracy die in the darkness?
Politicians across the political spectrum are implicated in the New Zealand media’s failing health. Either through neglect or incompetent interventions, successive governments have failed to regulate, foster, and allow a healthy Fourth Estate that can adequately hold politicians and the powerful to account. Our political system is suffering from the ...22 hours ago - Was Hawkesby entirely wrong?David Farrar writes – The Broadcasting Standards Authority ruled: Comments by radio host Kate Hawkesby suggesting Māori and Pacific patients were being prioritised for surgery due to their ethnicity were misleading and discriminatory, the Broadcasting Standards Authority has found. It is a fact such patients are prioritised. ...23 hours ago
- PRC shadow looms as the Solomons head for electionPRC and its proxies in Solomons have been preparing for these elections for a long time. A lot of money, effort and intelligence have gone into ensuring an outcome that won’t compromise Beijing’s plans. Cleo Paskall writes – On April 17th the Solomon Islands, a country of ...23 hours ago
- Climate Change: Criminal ecocide
We are in the middle of a climate crisis. Last year was (again) the hottest year on record. NOAA has just announced another global coral bleaching event. Floods are threatening UK food security. So naturally, Shane Jones wants to make it easier to mine coal: Resources Minister Shane Jones ...23 hours ago - Is saving one minute of a politician's time worth nearly $1 billion?
Is speeding up the trip to and from Wellington airport by 12 minutes worth spending up more than $10 billion? Photo: Lynn Grieveson / The KākāTL;DR: The six news items that stood out to me in the last day to 8:26 am today are:The Lead: Transport Minister Simeon Brown announced ...1 day ago - Long Tunnel or Long Con?Yesterday it was revealed that Transport Minister had asked Waka Kotahi to look at the options for a long tunnel through Wellington. State Highway 1 (SH1) through Wellington City is heavily congested at peak times and while planning continues on the duplicate Mt Victoria Tunnel and Basin Reserve project, the ...1 day ago
- Smoke And Mirrors.
You're a fraud, and you know itBut it's too good to throw it all awayAnyone would do the sameYou've got 'em goingAnd you're careful not to show itSometimes you even fool yourself a bitIt's like magicBut it's always been a smoke and mirrors gameAnyone would do the sameForty six billion ...1 day ago - What is Mexico doing about climate change?This is a re-post from Yale Climate Connections The June general election in Mexico could mark a turning point in ensuring that the country’s climate policies better reflect the desire of its citizens to address the climate crisis, with both leading presidential candidates expressing support for renewable energy. Mexico is the ...1 day ago
- State of humanity, 2024
2024, it feels, keeps presenting us with ever more challenges, ever more dismay.Do you give up yet? It seems to ask.No? How about this? Or this?How about this?When I say 2024 I really mean the state of humanity in 2024.Saturday night, we watched Civil War because that is one terrifying cliff we've ...2 days ago - Govt’s Wellington tunnel vision aims to ease the way to the airport (but zealous promoters of cycl...Buzz from the Beehive A pet project and governmental tunnel vision jump out from the latest batch of ministerial announcements. The government is keen to assure us of its concern for the wellbeing of our pets. It will be introducing pet bonds in a change to the Residential Tenancies Act ...2 days ago
- The case for cultural connectednessA recent report generated from a Growing Up in New Zealand (GUiNZ) survey of 1,224 rangatahi Māori aged 11-12 found: Cultural connectedness was associated with fewer depression symptoms, anxiety symptoms and better quality of life. That sounds cut and dry. But further into the report the following appears: Cultural connectedness is ...2 days ago
- Useful context on public sector job cutsDavid Farrar writes – The Herald reports: From the gory details of job-cuts news, you’d think the public service was being eviscerated. While the media’s view of the cuts is incomplete, it’s also true that departments have been leaking the particulars faster than a Wellington ...2 days ago
- Gordon Campbell On When Racism Comes Disguised As Anti-racismRemember the good old days, back when New Zealand had a PM who could think and speak calmly and intelligently in whole sentences without blustering? Even while Iran’s drones and missiles were still being launched, Helen Clark was live on TVNZ expertly summing up the latest crisis in the Middle ...2 days ago
- Govt ignored economic analysis of smokefree reversal2 days ago
- True Blue.
True loveYou're the one I'm dreaming ofYour heart fits me like a gloveAnd I'm gonna be true blueBaby, I love youI’ve written about the job cuts in our news media last week. The impact on individuals, and the loss to Aotearoa of voices covering our news from different angles.That by ...2 days ago - Who is running New Zealand’s foreign policy?While commentators, including former Prime Minister Helen Clark, are noting a subtle shift in New Zealand’s foreign policy, which now places more emphasis on the United States, many have missed a key element of the shift. What National said before the election is not what the government is doing now. ...2 days ago
- 2024 SkS Weekly Climate Change & Global Warming News Roundup #15A listing of 31 news and opinion articles we found interesting and shared on social media during the past week: Sun, April 7, 2024 thru Sat, April 13, 2024. Story of the week Our story of the week is about adults in the room setting terms and conditions of ...3 days ago
- Feline Friends and Fragile Fauna The Complexities of Cats in New Zealand’s Conservation Efforts
Cats, with their independent spirit and beguiling purrs, have captured the hearts of humans for millennia. In New Zealand, felines are no exception, boasting the highest national cat ownership rate globally [definition cat nz cat foundation]. An estimated 1.134 million pet cats grace Kiwi households, compared to 683,000 dogs ...
3 days ago - Or is that just they want us to think?
Nice guy, that Peter Williams. Amiable, a calm air of no-nonsense capability, a winning smile. Everything you look for in a TV presenter and newsreader.I used to see him sometimes when I went to TVNZ to be a talking head or a panellist and we would yarn. Nice guy, that ...3 days ago - Fact Brief – Did global warming stop in 1998?Skeptical Science is partnering with Gigafact to produce fact briefs — bite-sized fact checks of trending claims. This fact brief was written by Sue Bin Park in collaboration with members from our Skeptical Science team. You can submit claims you think need checking via the tipline. Did global warming stop in ...4 days ago
- Arguing over a moot point.
I have been following recent debates in the corporate and social media about whether it is a good idea for NZ to join what is known as “AUKUS Pillar Two.” AUKUS is the Australian-UK-US nuclear submarine building agreement in which … Continue reading ...4 days ago - No Longer Trusted: Ageing Boomers, Laurie & Les, Talk Politics.4 days ago
- Mortgage rates at 10% anyone?
No – nothing about that in PM Luxon’s nine-point plan to improve the lives of New Zealanders. But beyond our shores Jamie Dimon, the long-serving head of global bank J.P. Morgan Chase, reckons that the chances of a goldilocks soft landing for the economy are “a lot lower” than the ...4 days ago - Sad tales from the leftMichael Bassett writes – Have you noticed the odd way in which the media are handling the government’s crackdown on surplus employees in the Public Service? Very few reporters mention the crazy way in which State Service numbers rocketed ahead by more than 16,000 during Labour’s six years, ...4 days ago
- In Whose Best Interests?On The Spot: The question Q+A host, Jack Tame, put to the Workplace & Safety Minister, Act’s Brooke van Velden, was disarmingly simple: “Are income tax cuts right now in the best interests of lowering inflation?”JACK TAME has tested another MP on his Sunday morning current affairs show, Q+A. Minister for Workplace ...4 days ago
- Don’t Question, Don’t Complain.
It has to start somewhereIt has to start sometimeWhat better place than here?What better time than now?So it turns out that I owe you all an apology.It seems that all of the terrible things this government is doing, impacting the lives of many, aren’t necessarily ‘bad’ per se. Those things ...4 days ago - Auckland faces 25% water inflation shock
Three Waters became a focus of anti-Government protests under Labour, but its dumping by the new Government hasn’t solved councils’ funding problems and will eventually hit the back pockets of everyone. Photo: Lynn Grieveson/Getty ImagesTL;DR: The six news items that stood out to me at 8:06 am today are:The Government ...4 days ago - Small accomplishments and large ironies
4 days ago - The Song of Saqua: Volume VII
In order to catch up to the actual progress of the D&D campaign, I present you with another couple of sessions. These were actually held back to back, on a Monday and Tuesday evening. Session XV Alas, Goatslayer had another lycanthropic transformation… though this time, he ran off into the ...4 days ago - Accelerating the Growth Rate?
There is a constant theme from the economic commentariat that New Zealand needs to lift its economic growth rate, coupled with policies which they are certain will attain that objective. Their prescriptions are usually characterised by two features. First, they tend to be in their advocate’s self-interest. Second, they are ...5 days ago - The only thing we have to fear is tenants themselves
1. Which of these acronyms describes the experience of travelling on a Cook Strait ferry?a. ROROb. FOMOc. RAROd. FMLAramoana, first boat ever boarded by More Than A Feilding, four weeks after the Wahine disaster2. What is the acronym for the experience of watching the government risking a $200 million break ...5 days ago - Peters talks of NZ “renewing its connections with the world” – but who knew we had been discon...Buzz from the Beehive The thrust of the country’s foreign affairs policy and its relationship with the United States have been addressed in four statements from the Beehive over the past 24 hours. Foreign Affairs Minister Winston Peters somewhat curiously spoke of New Zealand “renewing its connections with a world ...5 days ago
- Muldoonism, solar farms, and legitimacyNewsHub had an article yesterday about progress on Aotearoa's largest solar farm, at "The Point" in the Mackenzie Country. 420MW, right next to a grid connection and transmission infrastructure, and next to dams - meaning it can work in tandem with them to maximise water storage. Its exactly the sort ...5 days ago
- NZTA does not know how much it spends on conesBarrie Saunders writes – Astonishing as it may seem NZTA does not know either how much it spends on road cones as part of its Temporary Traffic Management system, or even how many companies it uses to supply and manage the cones. See my Official Information Act request ...5 days ago
- If this is Back on Track – let's not.
I used to want to plant bombs at the Last Night of the PromsBut now you'll find me with the baby, in the bathroom,With that big shell, listening for the sound of the sea,The baby and meI stayed in bed, alone, uncertainThen I met you, you drew the curtainThe sun ...5 days ago - Welfare: Just two timid targets from the National governmentLindsay Mitchell writes – The National Government has announced just two targets for the Ministry of Social Development. They are: – to reduce the number of people receiving Jobseeker Support by 50,000 to 140,000 by June 2029, and – (alongside HUD) to reduce the number of households in emergency ...5 days ago
- The Hoon around the week to April 12Photo: Lynn Grieveson / The KākāTL;DR: The podcast above features co-hosts Bernard Hickey and Peter Bale, along with regular guests Robert Patman on Gaza and AUKUS II, Merja Myllylahti on AUT’s trust in news report, Awhi’s Holly Bennett on a watered-down voluntary code for lobbyists, plus special guest Patrick Gower ...5 days ago
- A Dead Internet?
Hi,Four years ago I wrote about a train engineer who derailed his train near the port in Los Angeles.He was attempting to slam thousands of tonnes of screaming metal into a docked Navy hospital ship, because he thought it was involved in some shady government conspiracy theory. He thought it ...5 days ago - Weekly Roundup 12-April-2024Welcome back to another Friday. Here’s some articles that caught our attention this week. This Week in Greater Auckland On Wednesday Matt looked at the latest with the Airport to Botany project. On Thursday Matt covered the revelation that Auckland Transport have to subsidise towing illegally parked cars. ...5 days ago
- Weekly Roundup 12-April-2024Welcome back to another Friday. Here’s some articles that caught our attention this week. This Week in Greater Auckland On Wednesday Matt looked at the latest with the Airport to Botany project. On Thursday Matt covered the revelation that Auckland Transport have to subsidise towing illegally parked cars. ...5 days ago
- Antarctic heat spike shocks climate scientistsA ‘Regime Shift’ could raise sea levels sooner than anticipated. Has a tipping point been triggered in the Antarctic? Photo: Juan Barreto/Getty Images TL;DR: Here’s the top six news items of note in climate news for Aotearoa-NZ this week, and a discussion above that was recorded yesterday afternoon between and ...5 days ago
- Skeptical Science New Research for Week #15 2024Open access notables Global carbon emissions in 2023, Liu et al., Nature Reviews Earth & Environment Annual global CO2 emissions dropped markedly in 2020 owing to the COVID-19 pandemic, decreasing by 5.8% relative to 2019 (ref. 1). There were hopes that green economic stimulus packages during the COVD crisis might mark the beginning ...6 days ago
- Everything will be just fine
In our earlier days of national self-loathing, we made a special place for the attitude derided as she’ll be right.You don't hear many people younger than age Boomer using that particular expression these days. But that doesn’t mean there are not younger people in possession of such an attitude.The likes of ...6 days ago - Farmers and landlords are given news intended to lift their confidence – but the media must muse o...Buzz from the Beehive People working in the beleaguered media industry have cause to yearn for a minister as busy as Todd McClay and his associates have been in recent days. But if they check out the Beehive website for a list of Melissa Lee’s announcements, pronouncements, speeches and what-have-you ...6 days ago
- National’s war on rentersWhen the National government came into office, it complained of a "war on landlords". It's response? Start a war on renters instead: The changes include re-introducing 90-day "no cause" terminations for periodic tenancies, meaning landlords can end a periodic tenancy without giving any reason. [...] Landlords will now only ...6 days ago
- DrawnA ballot for two Member's Bills was held today, and the following bills were drawn: Repeal of Good Friday and Easter Sunday as Restricted Trading Days (Shop Trading and Sale of Alcohol) Amendment Bill (Cameron Luxton) Consumer Guarantees (Right to Repair) Amendment Bill (Marama Davidson) The ...6 days ago
- At last some scienceEle Ludemann writes – Is getting rid of plastic really good for the environment? Substituting plastics with alternative materials is likely to result in increased GHG emissions, according to research from the University of Sheffield. The study by Dr. Fanran Meng from Sheffield’s Department of Chemical and Biological Engineering, ...6 days ago
- Something important: the curious death of the School Strike 4 Climate MovementThe Christchurch Mosque Massacres, Covid-19, deep political disillusionment, and the jealous cruelty of the intersectionists: all had a part to play in causing School Strike 4 Climate’s bright bubble of hope and passion to burst. But, while it floated above us, it was something that mattered. Something Important. ...6 days ago
- The day the TV media died…Peter Dunne writes – April 10 is a dramatic day in New Zealand’s history. On April 10, 1919, the preliminary results of a referendum showed that New Zealanders had narrowly voted for prohibition by a majority of around 13,000 votes. However, when the votes of soldiers still overseas ...6 days ago
- What's the point in Melissa Lee?
While making coffee this morning I listened to Paddy Gower from Newshub being interviewed on RNZ. It was painful listening. His hurt and love for that organisation, its closure confirmed yesterday, quite evident.As we do when something really matters, he hasn’t giving up hope. Paddy talked about the taonga that ...6 days ago - Bernard's Top 10 'pick 'n' mix' at 10:10 am on Thursday, April 11
TL;DR: Here’s the 10 news and other links elsewhere that stood out for me over the last day, as at 10:10 am on Wednesday, April 10:Photo by Iva Rajović on UnsplashMust-read: As more than half of the nation’s investigative journalists are sacked, Newsroom’s Tim Murphy shows what it takes to ...6 days ago - Gordon Campbell On Winston Peters’ Pathetic Speech At The UNGood grief, Winston Peters. Tens of thousands of Gazans have been slaughtered, two million are on the brink of starvation and what does our Foreign Minister choose to talk about at the UN? The 75 year old issue of whether the five permanent members should continue to have veto powers ...6 days ago
- Subsidising illegal parkingHopefully finally over his obsession with raised crossings, the Herald’s Bernard Orsman has found something to actually be outraged at. Auckland ratepayers are subsidising the cost of towing, storing and releasing cars across the city to the tune of $15 million over five years. Under a quirk in the law, ...6 days ago
- When 'going for growth' actually means saying no to new social homesTL;DR: These six things stood out to me over the last day in Aotearoa-NZ’s political economy, as of 7:06 am on Thursday, April 11:The Government has refused a community housing provider’s plea for funding to help build 42 apartments in Hamilton because it said a $100 million fund was used ...6 days ago
- https://www.politik.co.nz/?p=12733As the public sector redundancies rolled on, with the Department of Conservation saying yesterday it was cutting 130 positions, a Select Committee got an insight into the complexities and challenges of cutting the Government’s workforce. Immigration New Zealand chiefs along with their Minister, Erica Stanford, appeared before Parliament’s Education and ...6 days ago
- Bernard's six-stack of substacks at 6:06 pm on Wednesday, April 10
TL;DR: Six substacks that stood out to me in the last day:Explaining is winning for journalists wanting to regain trust, writes is his excellent substack. from highlights Aotearoa-NZ’s greenwashing problem in this weekly substack. writes about salt via his substack titled: The Second Soul, Part I ...7 days ago - EGU2024 – Picking and chosing sessions to attend virtuallyThis year's General Assembly of the European Geosciences Union (EGU) will take place as a fully hybrid conference in both Vienna and online from April 15 to 19. I decided to join the event virtually this year for the full week and I've already picked several sessions I plan to ...7 days ago
- But here's my point about the large irony in what Luxon is saying
Grim old week in the media business, eh? And it’s only Wednesday, to rework an old upbeat line of poor old Neil Roberts.One of the larger dark ironies of it all has been the line the Prime Minister is serving up to anyone asking him about the sorry state of ...7 days ago - Govt gives farmers something to talk about (regarding environmental issues) at those woolshed meetin...Buzz from the Beehive Hard on the heels of three rurally oriented ministers launching the first of their woolshed meetings, the government brought good news to farmers on the environmental front. First, Agriculture Minister Todd McClay announced an additional $18 million is being committed to reduce agricultural emissions. Not all ...7 days ago
- Climate change violates human rightsThat's the ruling of the European Court of Human Rights today: Weak government climate policies violate fundamental human rights, the European court of human rights has ruled. In a landmark decision on one of three major climate cases, the first such rulings by an international court, the ECHR raised ...7 days ago
- Which govt departments have grown the most?David Farrar writes – There has been a 34% increase over six years in the size of the public service, in terms of EFTS. But not all agencies have grown by the same proportion. Here are the 10 with the largest relative increases between 2017 and ...7 days ago
- What’s to blame for the public’s plummeting trust in the media?Bryce Edwards writes – The media is in crisis, as New Zealand audiences flee from traditional sources of news and information. The latest survey results on the public’s attitude to the media shows plummeting trust. And New Zealand now leads the world in terms of those who want ...7 days ago
- Something Important: The Curious Death of the School Strike 4 Climate Movement.The Hope That Failed: The Christchurch Mosque Massacres, Covid-19, deep political disillusionment, and the jealous cruelty of the intersectionists: all had a part to play in causing School Strike 4 Climate’s bright bubble of hope and passion to burst. But, while it floated above us, it was something that mattered. Something ...7 days ago
- Cow Farts and Cancer Sticks.
What do you do if you’re a new government minister and the science is in. All of the evidence and facts are clear, but they’re not to your liking? They’re inconsistent with your policy positions and/or your spending priorities.Well, first off you could just stand back and watch as the ...7 days ago - Member’s DayToday is a Member's day. First up is James Shaw's New Zealand Bill of Rights (Right to Sustainable Environment) Amendment Bill, which does exactly what it says on the label. Despite solid backing in international law and from lawyers and NGOs, National will likely vote it down out of pure ...7 days ago
- Release: Quick, submit – stop Govt’s dodgy approvals bill
The Government is trying to bring in a law that will allow Ministers to cut corners and kill off native species, Labour environment spokesperson Rachel Brooking said. ...21 hours ago - Government throws coal on the climate crisis fire
The Government’s policy announced today to ease consenting for coal mining will have a lasting impact across generations. ...23 hours ago - Release: Public transport costs to double as National looks at unaffordable roading project insteadCancelling urgently needed new Cook Strait ferries and hiking the cost of public transport for many Kiwis so that National can announce the prospect of another tunnel for Wellington is not making good choices, Labour Transport Spokesperson Tangi Utikere said. ...2 days ago
- Release: Cost of living in Auckland still not a priorityA laundry list of additional costs for Tāmaki Makarau Auckland shows the Minister for the city is not delivering for the people who live there, says Labour Auckland Issues spokesperson Shanan Halbert. ...2 days ago
- Greens look to fast-track submissions on harmful lawThe Green Party has today launched a step-by-step guide to help New Zealanders make their voice heard on the Government’s democracy dodging and anti-environment fast track legislation. ...5 days ago
- Release: Govt should stop making people’s lives harder and build more homesThe National Government’s proposed changes to the Residential Tenancies Act will mean tenants can be turfed from their homes by landlords with little notice, Labour housing spokesperson Kieran McAnulty said. ...6 days ago
- Release: Melissa Lee missing in action on mediaThe action Melissa Lee promised to protect democracy and the media sector is missing, Media and Communications spokesperson Willie Jackson said. ...6 days ago
- Landlord Government leaves little hope for rentersThe Government’s announcement on tenancy rules prove that it does not care about renters. ...6 days ago
- Opportunity to build a more sustainable economyGreen Party co-leader Marama Davidson is calling on all parties to support a common-sense change that’s great for the planet and great for consumers after her member’s bill was drawn from the ballot today. ...6 days ago
- Significant step forward in fixing cruel and unjust pastA significant milestone has been reached in the fight to strike an anti-Pasifika and unfair law from the country’s books after Teanau Tuiono’s members’ bill passed its first reading. ...7 days ago
- Missed opportunity but NZ will surely one day recognise the right to a sustainable environmentNew Zealand has today missed the opportunity to uphold the right to a clean, healthy, and sustainable environment, says James Shaw after his member’s bill was voted down in its first reading. ...7 days ago
- Release: Don’t cut our lunches – clear message sent to GovernmentTens of thousands of people are demanding the Government commits to fully funding free and healthy school lunches. ...7 days ago
- Release: Govt makes U-turn on Suicide Prevention OfficeLabour welcomes the Government’s U-turn on the closure of the Suicide Prevention Office, says Labour Mental Health spokesperson Ingrid Leary. ...1 week ago
- CCC issues warning over further climate delayToday’s advice from the Climate Change Commission paints a sobering reality of the challenge we face in combating climate change, especially in light of recent Government policy announcements. ...1 week ago
- Luxon targets lame and lousy example of leadershipIf talk is cheap, Chris Luxon’s “targets” are bankrupt. ...1 week ago
- Luxon targets are lousy example of leadershipIf talk is cheap, Chris Luxon’s “targets” are bankrupt. ...1 week ago
- Release: Commitment to disability communities missing from Govt prioritiesMinister for Disability Issues Penny Simmonds appears to have delayed a report back to Cabinet on the progress New Zealand is making against international obligations for disabled New Zealanders. ...1 week ago
- Methane target review is dangerous duplicationThe Government’s newly announced review of methane emissions reduction targets hints at its desire to delay Aotearoa New Zealand’s urgent transition to a climate safe future, the Green Party said. ...2 weeks ago
- Release: Government must commit to school building project for disabled studentsThe Government must commit to the Maitai School building project for students with high and complex needs, to ensure disabled students from the top of the South Island have somewhere to learn. ...2 weeks ago
- Release: National must take mental health seriouslyMental Health Minister Matt Doocey and his Government colleagues have made a meal of their mental health commitments, showing how flimsy their efforts to champion the issue truly are, says Labour Mental Health spokesperson Ingrid Leary. ...2 weeks ago
- Referendums for Māori wards a racist step backwardsThe Government's imposed referendum on Māori wards is a racist step backwards for Māori representation, and disregards Te Tiriti o Waitangi. ...2 weeks ago
- Release: Job losses at Health not worth it for tax cutsNew Zealand will feel the harm of the National Government’s reckless cuts to jobs at the health ministry for generations, says Ayesha Verrall. ...2 weeks ago
- Press release: No Māori initiatives in Government’s nothing planMāori are yet to see anything from this Government except cuts, reversals and taking our people backwards, Māori Development spokesperson Willie Jackson said. ...2 weeks ago
- Thirty six point PR spinThe Government’s ‘36 point’ plan for the next three months is as pointless as it is hollow. ...2 weeks ago
- Thirty six point PR spinThe Government’s ‘36 point’ plan for the next three months is as pointless as it is hollow. ...2 weeks ago
- Thirty six point PR spinThe Government’s ‘36 point’ plan for the next three months is as pointless as it is hollow. ...2 weeks ago
- Release: Social housing off Government’s to-do listThe Coalition Government’s refusal to commit to ongoing funding for social housing is seeing the sector pull back on developments and families watch their dreams of securing a home fade away, says Labour Housing spokesperson Kieran McAnulty. ...2 weeks ago
- Release: Less money in most people’s pockets this AprilChanges to minimum wage and benefit indexation means many New Zealanders will get less this year, as the Government gives a big tax break to landlords instead. ...2 weeks ago
- Release: Simeon Brown shortchanges AucklandersThe Coalition Government’s plan to ‘get Auckland moving’ is a cuts cover-up that will ultimately cost Aucklanders more to move around the city, says Labour Auckland Issues spokesperson Shanan Halbert. ...3 weeks ago
- MPP cuts unforgivableSlashing the Ministry of Pacific Peoples by 40% will have a devastating impact on pacific communities and further highlights how little this government cares about anything other than cutting taxes for the wealthiest few. ...3 weeks ago
- Unnecessary bureaucracy cut in oceans sector
Oceans and Fisheries Minister Shane Jones is streamlining high-level oceans management while maintaining a focus on supporting the sector’s role in the export-led recovery of the economy. “I am working to realise the untapped potential of our fishing and aquaculture sector. To achieve that we need to be smarter with ...2 hours ago - Patterson promoting NZ’s wool sector at International CongressAssociate Agriculture Minister Mark Patterson is speaking at the International Wool Textile Organisation Congress in Adelaide, promoting New Zealand wool, and outlining the coalition Government’s support for the revitalisation the sector. "New Zealand’s wool exports reached $400 million in the year to 30 June 2023, and the coalition Government ...23 hours ago
- Removing red tape to help early learners thriveThe Government is making legislative changes to make it easier for new early learning services to be established, and for existing services to operate, Associate Education Minister David Seymour says. The changes involve repealing the network approval provisions that apply when someone wants to establish a new early learning service, ...1 day ago
- RMA changes to cut coal mining consent red tapeChanges to the Resource Management Act will align consenting for coal mining to other forms of mining to reduce barriers that are holding back economic development, Resources Minister Shane Jones says. “The inconsistent treatment of coal mining compared with other extractive activities is burdensome red tape that fails to acknowledge ...1 day ago
- 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 ...1 day 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 ...2 days 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 ...2 days 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 ...2 days 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 ...2 days 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 ...2 days 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 ...5 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 ...5 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 ...5 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 ...5 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 ...5 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 ...5 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 ...6 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 ...6 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 ...6 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 ...6 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 ...6 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 ...7 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 ...1 week 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 ...1 week 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
- Job cuts at Oranga Tamariki hit more than 400 roles
More than 400 jobs are likely to go at the children's ministry, RNZ understands. ...41 mins ago - Women MPs Acknowledge Report Highlighting Increased Harassment Of MPs
“The research reflects the real experiences of women in politics, and I would like to acknowledge the mahi by the researchers in highlighting this,” Ikaroa-Rawhiti MP Cushla Tangaere-Manuel said. ...1 hour ago - Choice and control: the NDIS was designed to give participants choice, but mandatory registration co...
Source: The Conversation (Au and NZ) – By Sam Bennett, Disability Program Director, Grattan Institute Shutterstock/Benjamin Crone Many Australians with disability feel on the edge of a precipice right now. Recommendations from the disability royal commission and the NDIS review were released late last year. Now a draft NDIS ...2 hours ago - Introducing some of our 100 new sea friends
A scientific expedition has found 100 previously unknown New Zealand marine species. Who are these creatures from the depths of the Bounty Trough? A big lipped, dark eyed, slimy limp fish. A juicy, elongated orb with 16 little legs, four bouncing from its topside and a mouth pouting with stubby ...2 hours ago - Is a 24-hour Home and Away channel the answer to subscription fatigue?Source: The Conversation (Au and NZ) – By Alexa Scarlata, Research Fellow, Media & Communications, RMIT University Do you find yourself endlessly scrolling through streaming channels, wondering what to watch among the hundreds (or thousands) of options? Do you worry about spending more money on yet another subscription just to ...2 hours ago
- Light pollution affects coastal ecosystems too – this underwater ‘canary’ is warning of the im...Source: The Conversation (Au and NZ) – By Kathleen Laura Sterup, Postgraduate in Marine Biology, Te Herenga Waka — Victoria University of Wellington Wikimedia Commons/Luca Davenport-Thomas, CC BY-SA In the early 20th century, canaries were used as early warning systems in coal mines to alert miners to rising levels ...3 hours ago
- Biden is cancelling millions of student debts – here’s what to expect from AlbaneseSource: The Conversation (Au and NZ) – By Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University So weighed down have Americans become by student debt, and so potent a political issue has it become in the US, that President Biden plans to waive interest or write ...3 hours ago
- Melissa Lee ‘really, really happy’ about deal to keep the news on ThreeStuff will provide a news service for Warner Brothers Discovery on Three. As the industry awaits much-anticipated work to address sector-wide issues, the responsible minister says she’s very happy about the deal. News to continue but job losses likely to be significant News will continue ...3 hours ago
- Contractor and consultant bill still high in police and NZTAThe government is pushing to cut spending, but money was still going out of non-core areas in the latest figures. ...4 hours ago
- Stuff takes a big risk on Newshub
The bosses of Stuff and TV3 have been lauding their newly minted deal as a win for democracy and something to celebrate during a grim period for local media. While it is true that a slimmed down news service on Three is better than nothing, it is hardly strengthening our ...5 hours ago - Abuse of MPs increased to 98% in 2022 – studyHarassment of MPs increased on nearly every measure over eight years, with 98 percent now reporting some kind of harassment, a study has found. ...5 hours ago
- Public service cuts: Number of job losses set to rise to more than 2000Oranga Tamariki and the Ministry of Education are to make announcements about their plans for meeting demands to save money. ...5 hours ago
- Massey takes risk in bid for international studentsCash-strapped Massey University is taking a risk in Singapore, as it looks for ways to claw back lucrative international students The post Massey takes risk in bid for international students appeared first on Newsroom. ...5 hours ago
- Could Te Kuha coal mine be a candidate for ‘goodbye Freddy’?Expert evidence gathered over years shows what might be lost if a proposed West Coast coal mine gets Government approval The post Could Te Kuha coal mine be a candidate for ‘goodbye Freddy’? appeared first on Newsroom. ...5 hours ago
- Why aren’t vulnerable babies being protected from RSV in Aotearoa?Each year, hundreds of New Zealand babies are hospitalised with this common respiratory virus, and health experts are concerned that preventative drugs used overseas are not being funded here. As winter approaches and people spend more time indoors, respiratory viruses start circulating. One common bug is RSV, or respiratory syncytial ...6 hours ago
- What the Post Office scandal can teach the Christchurch attacks inquiryOpinion: It only needs one person to stand up against injustice, but it requires a culture of inquiry for the truth to come out The post What the Post Office scandal can teach the Christchurch attacks inquiry appeared first on Newsroom. ...6 hours ago
- Health education contracts on the chopping blockPharmac has opted not the renew the contract for educational resource He Ako Hiringa The post Health education contracts on the chopping block appeared first on Newsroom. ...6 hours ago
- Olympic sailor doubles as Am Cup gamerAs a kid, Erica Dawson never owned one of those annoying little Tamagotchi digital pets. As a teen, she wasn’t the slightest bit interested in home video games and wasn’t addicted to playing Angry Birds on her phone, either. But now, on the cusp of entering her 30s, Dawson has ...6 hours ago
- Daily crossword, Wednesday 17 AprilThe post Daily crossword, Wednesday 17 April appeared first on Newsroom. ...6 hours ago
- Newsroom daily quiz, Wednesday 17 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, Wednesday 17 April appeared first on Newsroom. ...6 hours ago
- From colour to climate change – a scientist’s journeyOpinion: I find myself now spending most of my academic retirement period explaining the science behind climate change to my local communities. What was the life journey that brought me to this role? As a young child I remember being fascinated first thing in the morning by the pure blues ...6 hours ago
- The dark side of the beauty industryThere is nothing to stop someone from buying a laser machine online and setting up a shop offering treatments for skin. Or injecting derma filler into a client’s face. No qualifications are needed for either treatment, but when it goes wrong the results can be life changing, even life threatening. ...6 hours ago
- Govt urged to protect seabirds on the brink of extinctionAlbatross are being accidentally caught and killed by NZ fishing vessels at a rate 350 percent higher than previously reported The post Govt urged to protect seabirds on the brink of extinction appeared first on Newsroom. ...6 hours ago
- Australia’s cash availability crisis creating an NZ monopolyHit by low demand for physical money, Australian cash-in-transit giant Armaguard is selling its NZ wing after rejecting an A$26m bailout The post Australia’s cash availability crisis creating an NZ monopoly appeared first on Newsroom. ...6 hours ago
- 14 (!) crucial questions about Stuff replacing Newshub, asked and (mostly) answeredBased on interviews with the heads of Stuff and Warner Bros Discovery, along with staff across both organisations, Duncan Greive presents an in-depth primer on the biggest news media deal in years. With additional reporting by Stewart Sowman-Lund Why did Stuff win out over NZME? This is in many ways ...6 hours ago
- Critical minerals receive multi-million dollar support under Future Made in Australia policySource: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Two major critical minerals projects in Queensland and South Australia are to receive hundreds of millions of dollars in federal government loans as part of the Albanese government’s new Future Made in Australia policy. ...10 hours ago
- Water theft laws and penalties in the Murray-Darling Basin are a dog’s breakfast. Here’s how we ...Source: The Conversation (Au and NZ) – By Adam James Loch, Associate Professor, University of Adelaide Water is one of Australia’s most valuable commodities. Rights to take water from our nation’s largest river system, the Murray-Darling Basin, are worth almost A$100 billion. These rights can be bought and sold or ...13 hours ago
- Massey University signs agreement confirming plan to set up Singapore branchMassey University says its Singapore campus will provide education services to students who do not want to study in New Zealand. ...13 hours 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 ...15 hours 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 ...15 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 ...16 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. ...17 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 ...17 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 ...17 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 ...19 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 ...19 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 ...19 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 ...20 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 ...20 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". ...20 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 ...20 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 ...20 hours ago
- The best moments from the outrageous final episodes of MAFS AUFrom 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 ...20 hours ago
- Expanding Coal Mining In 21st Century An “absurd, Selfish Decision” Says WWFResources Minister Shane Jones announced today that the Government will ease the consenting process for setting up new coal mines or expanding existing ones. ...21 hours ago
- The Boy in the Water nominated for best podcastNewsroom 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. ...21 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. ...21 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. ...22 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 ...22 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 ...23 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 ...23 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. ...23 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. ...23 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 ...23 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 ...24 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 ...1 day 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 ...1 day ago
- New deal intends to make trade with Singapore simplerCustoms has signed a cooperation agreement with its Singaporean counterpart. ...1 day 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, ...1 day ago
- Shane Jones announces easier coal mine consentingThe Resources Minister says changes to coal mine consenting will reduce barriers to extraction. ...1 day 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 ...1 day 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. ...1 day 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 ...1 day 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 ...1 day 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 ...1 day 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 ...1 day 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 ...1 day 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, ...1 day 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 ...1 day 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 ...1 day 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. ...1 day 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. ...1 day 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 ...1 day 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. ...1 day 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 ...1 day 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. ...1 day ago
Every feel as if the elite are giving us the bird !!!!
Things like QE 1,2 & 3 were to save what ? The economy or divert from public funds to a elite few.
http://www.theage.com.au/national/1000-jobs-gone-1bn-lost-executives-get-3m-20110823-1j8ga.html
Also this – Pity we have issues with teaching morality now.
And for the puritians I know above should be corrected to “an elite” edit function failed me !! 🙂
http://articles.moneycentral.msn.com/Investing/CompanyFocus/ceos-cut-more-jobs-make-more-money.aspx
What’s the difference between normalised and audited profits?
“Normalized profits” presumably exclude profits (or losses) resulting from what are deemed to be one-off events.
Explain please….one off events are abnormal below line events that are reported and validated by auditors like lions gain on the failed property deal on their Newmarket site as the deposit becomes profit as they still have the asset.
Sounds like operational profit before the real world kicks in and halves it with the financing and write downs but I’ve never heard that term before….normalized, maybe more canny bargaining on Reynolds part…..ha ha ha all the way back home suckers.
Done some surfing FFS normalized is effectively adjusting it to account for economic cycles…..cycles as volatile as a teenagers mood, which assume what goes down comes back up…..hands up who think were all going back to the days of old.
Adjusting a measurable profit ( you know based on actual revenue and costs….remember those) for this isn’t accounting it’s yet another device to make black white and magic up profit where it didn’t exist….enron/ world com etc.
See how far you get taking your normalized personal situation to the bank for a mortgage extension.
Yep: Including the newly self annointed hero of the ‘rich should pay more tax’ brigade: http://www.newsmax.com/InsideCover/buffett-irs-back-taxes/2011/09/01/id/409520
funny but there’s more money to be made if the rich pay more tax. Its
reminds me of the highwayman who is hired by the state to keep the
roads free to travel unmolested. Taxing the wealthy more will make
the capitalist roads free to travel down unmolested.
What makes me laugh about that article is how quickly the wealthy in America swung into action to discredit this guy. They completely ignore the fact that the reason it is so easy to find this sort of dirt on a company or individual avoiding taxes is because there are a large number of them who think it is their responsability to avoid paying tax. When it comes to running a buisness if the CEO isn’t doing that then he won’t be the CEO for very long.
These people are so deluded about it they think it makes them look good to say “hay look he’s trying to not pay tax so why should I?”
These are not the people who are the future of society.
And in related news, Goldman Sachs provided its clients (or some of them) with info and strategies to cash in on currency crises. Bear in mind that Goldman Sachs works with some of the governments whose economies its strategies would impact on.
http://www.independent.co.uk/news/business/news/goldmans-memo-on-how-to-cash-in-on-euro-crisis-2347796.html
So firstly, our governments help these bastards in spite of what we were saying.
Secondly, our governments rifle our futures to pay for that help.
Thirdly, those bastards now invent further dodgy dealings to put more pressure on economies and by extention our future prospects
Humans began to abandon the hunter-gatherer lifestyle around 10,000 years ago.
One of the immediate effects ‘civilisation’ was the establishment of hierachical societies in which the fruits of the labour of many were transferred to the few at the top, who were generally sociopaths who had the weapons and decided what the laws would be.
Little has changed over the past 10,000 years except that civilisation has caused massive population overshoot and has degraded the Earth to the point that civilisation will not be maintained for much longer.
Over the next few years the monetary system will melt down, industrialisation will grind to a halt, and those at the top who are currently managing to steal more than their fair share will either commit suicide or be lynched, or will establish overtly fascist feudal states.
We will have a better idea where things are headed and how quickly at the end of the year, when the markets will have collapsed a little more and ordinary people all around the world will be suffering a bit more.
Of course it’s caused population overshoot. The more people there are to exploit the more the psychopaths can appropriate from them.
Well, I’m sure the first option is out, the second option will probably prevail at some point in the future but the third is already in progress. Selling of state assets and bailouts of financial institutions is proof of that.
Hi AFKTT
In support of what you say is this http://www.countercurrents.org article explaining the gravity of the oil supply terminal decline set to happen from 2012 onwards.
Apologies to moderator such an important comment have copied it in total:
[deleted]
[lprent: Has bugger all to do with the post and was an excessive cut’n’paste. I’d have left the link – but you didn’t provide one. ]
Where do I claim my syndication fee? I am sure I posted this in open mike on Thursday?