Couldn’t organise a piss up in a brewery

Written By: - Date published: 7:18 am, November 6th, 2013 - 99 comments
Categories: capitalism, national, privatisation - Tags:

National was warned not to give the main ultrafast broadband contracts to Chorus. All it would do would restore and strengthen the monopoly that had kept prices too high ever since Telecom was privatised (and which David Cunliffe did such good work to break up).

Of course, National ignored that. And now, once again, National finds itself in a corner, about to bailout out a large corporate that is using its market power to threaten its political agenda.

Chorus is crying that it will go bankrupt if the Commerce Commission’s decision that its wholesale copper broadband prices have to drop by 23% is allowed to stand. And it’s very quick to say that will throw National’s ultrafast broadband plan in to chaos.

Effectively, what they’re saying is that they promised to build the fibre network too cheaply to fund the build from the contract itself and they need it to be cross-subsidised by being allowed to over-charge for copper.

National was warned that Chorus was doing this at the time. They were warned that Chorus was offering artificially low prices for the fibre build so it that would corner the bulk of the contracts, which would then allow Chorus to act inefficiently, maximise its profits, and lean on the Government at a later date to get more money. That’s what happens when you create private monopolies.

I don’t believe that Chorus will go bankrupt if it has to drop its copper prices. It made a $171 million profit last year.

No, what we’re seeing here is the intersection of a failed privatisation (Telecom) that created a private monopoly (Chorus) and the inept National Government which has once again backed itself into a corner dealing with a major corporation and now seems almost eager to hand over some public cash.

It’s Warner Bros. It’s the SkyCity deal. It’s South Canterbury Finance. It’s AMI. It’s Rio Tinto. It’s the cut-price the institutions forced for the asset sales. It’s Solid Energy. This Chorus mess is the same old story of National reaching into your pocket to hand money to some corporate that has the power to threaten its political agenda, at the same time as saying there’s no money for the stuff that really matters to Kiwis.

Again and again, National have screwed up their dealings with corporates, and we’ve paid the price.

99 comments on “Couldn’t organise a piss up in a brewery ”

  1. Colonial Viper 1

    Typical for the NATs to reward bad corporate behaviour by handing out millions in other peoples’ money.

    • greywarbler 1.1

      National is always in a corner. It’s just that someone has lit a match and revealed it.

  2. framu 2

    amy adams was on the radio last night trying to claim that no-one knew that copper prices needed to, and were going to come down – which is 100% bullshit and im staggered at the boldness of the bullshit

    Im amazed that people are seriously trying to run the line of “but people wont buy the shiny new model” –
    how on earth is that the fault of the copper customer?
    Why should they be forced to pay more to create a false market in order to encourage more takeup of UFB?
    Why isnt the shareholders taking the hit for investment in new infrasturcture?

    This is as much about protecting the nats failed bullshit as it is about protecting chorus dividend flows – hmm who owns what aye?

    scratch a neo-liberal – find a thief

  3. BM 3

    Should just remove the copper, problem solved.

    • Colonial Viper 3.1

      And you want Chorus to reap hundreds more millions for doing that?

    • framu 3.2

      why do you hate competition? You some sort of communist or something?

      • BM 3.2.1

        Chorus is losing a ton of money on the install, there only hope of survival is if everyone goes off copper and jumps onto this new high speed cable.

        The easiest way to solve that problem is if you take one of those options off the table.

        • vto 3.2.1.1

          You Know what BM? Who the fuck cares about Chorus’s survival? If it fails to meet its obligations under the installation contract then I’m sure there will be provisions which allow the government to kick it off the install and complete it itself or use an alternative installer.

          Can someone please explain why we should care for Chorus? Why it shouldn’t be subjected to the demands of the free market private enterprise arena that its investors so warmly embrace?

          • David H 3.2.1.1.1

            Fuck Chorus. Let em go broke. I mean what a cheek, they fuck up their tender, and then have the bare faced cheek to come cap in hand to the Doormat they call our PM.

        • framu 3.2.1.2

          so you are a communist

          1) did or did not chorus know that copper prices were too high and would be forced down if they didnt come down?

          2) did chorus factor this into their bid?

          3) are the investors taking a hit on the development of new infrastructure that they stand to profit from?

          4) why should customers of one product subsidise a different product?

          5) if no ones buying your product shouldnt you improve your product?

          Theres no way i would be switching to UFB at the moment as the cost of the plans are through the fucking roof. When it becomes more affordable i might change, but untill then i will adapt my internet use to suit the service im happy paying for – standard broadband. Thats my choice as a consumer isnt it?

          Its chorus pricing that is the issue, and they are stifling innovation because of their idiotic behaviour

          • BM 3.2.1.2.1

            Yes, I’m actually Joseph Stalin, back from the dead and now spending the next millennium posting at the standard.

            You may not have noticed but I didn’t actually state that I thought ripping out the copper was what should happen.

            I was just floating the idea that this could be one way to solve the issue and save Chorus.

            • framu 3.2.1.2.1.1

              “You may not have noticed but I didn’t actually state that I thought ripping out the copper was what should happen.”

              yeah you did – twice

              1 – “Should just remove the copper, problem solved.”

              2 – ” there only hope of survival is if everyone goes off copper and jumps onto this new high speed cable.

              The easiest way to solve that problem is if you take one of those options off the table.”

              you can redefine what you meant till the cows come home – but your words are all there in black and white

              But your still avoiding every single point being put to you. Why?

              So you can focus on my little dig at your expense if you want – or you could discuss the finer details of the issue. Why are you sticking up for bad business practices by a monopoly that is trying to hold the tax payer and its customers to ransom?

            • felix 3.2.1.2.1.2

              “one way to solve the issue and save Chorus”

              Nope, you started from the position that the issue was to save Chorus.

              • Colonial Viper

                I’m confused – isn’t the role of Government to support corporations and shareholders at the cost of the citizenry? At least, that’s what I picked up from watching National.

                • Jim Nald

                  Mmm yah, great support for the board of directors’ and senior management’s excessive remuneration (thank you very much taxpayers and NZ citizens, and the National Government) and the $170 million last year to shareholders (thank you, thank you, thank you very much, National Government).

                  • Rogue Trooper

                    …”for your kind donation, thank you very much, thank you very, very, very much…” (Chore-a-thon).

          • Draco T Bastard 3.2.1.2.2

            4) why should customers of one product subsidise a different product?

            That’s a false argument. If we still had Telecom as a state monopoly it would be inevitable that the users of copper pay for the crossover to fibre as Telecom’s surplus from renting out the copper would pay for the installation of the fibre. The reason why this isn’t happening is because all that surplus went into dividends instead and now we have to pay out taxpayers money to get the fibre installed.

        • hoom 3.2.1.3

          “Chorus is losing a ton of money on the install”

          Surely you mean ‘investing in long term infrastructure which will reap great dividends in the future through reduced maintenance costs of a brand new, water resistant & largely non-electrical network vs ancient, decaying, corrosion prone, patched to hell legacy copper network’

          If there is really a need for a monopoly here to ensure that people are using the better network it should be a State owned & operated ‘at cost’ one like the roads.

          • Jim Nald 3.2.1.3.1

            LOL !

            Chorus is losing a ton of money … yeah, like they have $171m to burn !?

            Oh, $171m of profiteering at the cost to taxpayers, citizens, and Amy Adam’s noble consumers who need better affordability and access.

            (It had to be Amy Adams because the Joyce stick has gone underground to let Amy front and take the bullets ho ho ho.)

        • fender 3.2.1.4

          What a dick, how about when the engine mounts are worn out the engine has to be removed and the vehicle has to then be propelled Flintstones style, would that seem fair to you BM…

        • thatguynz 3.2.1.5

          So perhaps they should have bid realistically.. How the fuck is it our problem?

        • Draco T Bastard 3.2.1.6

          It’s neither our place nor the governments as our representatives to ensure that Chorus survives. If it collapses, well, that’s the risk of doing business within a capitalist economy.

          It is the government place to ensure that we get those services. The best way to do that is actually through a state owned monopoly which is why that’s what it was.

  4. Philgwellington Wellington 4

    Xox
    It’s business as usual folks! We now clearly witness the Tories ‘government’ gifting taxpayers money to big business. It’s NOTthe case! It’s Corporate interest looking after its corporate friends, assisted by a faux ‘government’. It is not really a government at all. It only gives the appearance of one. It’s called corporatocracy.

  5. vto 5

    Well there aint much space left for more nails in the coffin of neoliberalism is there ….

    Private enterprise can do these things much better they said
    Private enterprise has efficiencies that public doesn’t they said
    It will result in lower costs they said
    Taxpayer funding is not required they said

    all of it a load of hogwash. Fine in theory but now we have seen the practice and it does not match. It has failed.

    This government will never admit it of course – that will be left to the dregs of the National Party post-defeat in 2014. Watch them jump on board and also dump this neolib religion within a short space of time after being routed next year.

    Key is riding the peak of the crashing wave to the reef below. He will be remembered as the poster boy for all that has been shown to be wrong with their neoliberal privatisation free market individual greed religion. He will shoulder the blame for it all and for the taxpayers mind-boggling bailouts of private people.

    • Draco T Bastard 5.1

      Well there aint much space left for more nails in the coffin of neoliberalism is there ….

      Private enterprise can do these things much better they said
      Private enterprise has efficiencies that public doesn’t they said
      It will result in lower costs they said
      Taxpayer funding is not required they said

      all of it a load of hogwash. Fine in theory but now we have seen the practice and it does not match. It has failed.

      QFT

      The state monopoly that the arseholes in the 4th Labour government sold ran close to perfectly. The implementation of “competition” has just upped the costs while providing us with a poorer service.

  6. geoff 6

    Great post, MS.

    The answer, of course, is to have state-owned providers of many of these services. At least then, if there are fuck-ups, and the government has to do a bail out, then the money still stay in kiwi hands.

  7. vto 7

    I am staggering around this morning woozy on the realisation that John Key simply does not believe in the principles of the free market and competition and wants to go full-blown socialist.

    Excuse the language, but John Key is just a fucking empty fuck

    • Draco T Bastard 7.1

      He never did believe in the free-market, no capitalist does, but he’s not going socialist on us – he’s going fascist.

  8. Tracey 8

    It is common for large corps to low tender and cram variations and loopholes. Funny that many who say they want govt out of business make their living securing govt contracts is they know its a game they usually win. Chorus would be the exception except this govt wants to help them out contrary to market forces.

    • vto 8.1

      Yes, and that is one of the big problems with tender processes – everyone goes hard out to push their lowest possible price, while at the same time identifying all possible loopholes, missed detail, etc for later variation cost attack.

      In our business we never go down the tender road – it sets the parties up at logger-heads from the start. Much better to work up a price and contract open book styles. Everybody n the same boat. Works out cheaper, get a better product, the parties are more certain in their returns, and everybody comes to the job happy each day (and that aint no small thing…)

      This problem with Government procurement is being seen a lot in Christchurch rebuild. Government goes hollus bolus into full blown tenders and goes hard for the lowest possible tender. It is a flawed process.

      Tenders either result in greater cost to the client than an open approach or they result in the supplier going bust or backwards.

  9. tc 9

    You can put a new brand, logo and make some shiny feel good TV ad’s about how Chorus love to connect kiwi’s etc. Hell even get Jake the Muss to voice over a Gigatown campaign that funnily coincides with this latest cry for help.

    Underneath it all is the old Telecom, same network, management, ageing systems that should have been replaced decades ago and an attitude to match.

    Time to take the old clunker down to the shed, salvage what we need and discard the rest. First lets wean it off the public tit so the bellys not full to minimise the mess.

  10. Lanthanide 10

    I don’t think National were particularly culpable for what happened to AMI, so shouldn’t really be on that list.

    Yes, it got a bailout for not being able to do it’s job properly. Arguably there should have been some sort of regulation in place so that the situation couldn’t arise. But AMI’s problems reared their heads 2 years into National’s first term; it’s not really up to an incoming government REGULATE ALL THE THINGS within their first 2 years in the job.

    • Zorr 10.1

      They get a term of 3 years… so 2/3rds of the way through a term they’re still not expected to be able to deal with issues? Why not just say that until they are 5 years in they shouldn’t be held accountable for anything because everything that is causing problems now was put in to motion by the previous government… we only want the kudos for good stuff happening here!

      • Lanthanide 10.1.1

        Er, they did “deal” with the issue of AMI by bailing them out.

        But it’s hardly their fault AMI needed to be bailed out – they didn’t cause the earthquake, and as I laid out, you can’t expect an incoming government to regulate and investigate every single industry within 2 years of taking office.

        On the other hand, it is directly National’s fault that South Canterbury Finance had to be cashed out, and directly National’s fault that Solid Energy had to be bailed out. The current Chorus situation is likewise directly National’s fault.

        • Colonial Viper 10.1.1.1

          That’s a pretty fair assessment I think. Like Bernie Madoff who only got found out because of the GFC, AMI’s mismanagement was only exposed by the Christchurch earthquake.

          Had the earthquake caused only half the damage it did, AMI’s under-reinsurance may have never come to light.

  11. Tiger Mountain 11

    Eddie’s post should be printed and fixed to every MPs office door with large nails.

  12. Wayne 12

    For a party keen on nationalising things, I would have thought Labour would be estatic at the prospect of the govt buying into Chorus. It meets the conventional tests of things to nationalise – a monopoly on the copper network, regulated pricing, the potential to reduce prices to consumers.

    In fact why doesn’t Labour say buy the lot, it is certainly cheap enough on the stock exchange now.

    A bit like the fabled Powercorp.

    Or would that all take the heat off the government.

    • vto 12.1

      why does the national party say one thing and do the opposite wayne?

      hypocrisy and no credibility much?

      this is the particular issue as it goes to credibility of your entire political philosophy

      • Pascal's bookie 12.1.1

        Isn’t it hilarious?

        Just so filled with confidence that the Nats will be able to do decent job with the much more complicated PPP tenders and contracts. And I bet we don’t hear a peep about the moral hazards of bailing out someone for submitting a tender that was too low.

        • vto 12.1.1.1

          True.

          Imagine the balls-ups to come with charter schools, PPPs in transmission gulley, private roads through Fiordland National Park, privately-owned power companies which keep old people warm and alive at night….

          ffs, she’s a real nightmare

          what a balls-up of a political philosophy and trying to implement said political philosophy

        • Lanthanide 12.1.1.2

          Seems to me like PPPs and other deals set up by this government will have to be repealed by future governments, just because they’ve made such fuck ups with them. It won’t be a case of ideology or politics, just simple business practices. Private companies can renege on badly constructed contracts, there’s no reason a government can’t do the same.

          SkyCity being a good example, as well as the SouthCanterbury bailout.

    • framu 12.2

      wayne – your turning into a bit of an apologist

      1) did or did not chorus know that copper prices were too high and would be forced down if they didnt come down?

      2) did chorus factor this into their bid?

      3) are the investors taking a hit on the development of new infrastructure that they stand to profit from?

      4) why should customers of one product subsidise a different product?

      5) if no ones buying your product shouldnt you improve your product?

      Stick to your free market theory for once

      • Wayne 12.2.1

        Actually my post was intended to be ironic – but surely nationalisation must appeal to Labour?

        As for this issue, I simply don’t know enough to assess where the truth lies. I do note that Rod Oram and David Farrar are both saying that there needs to be an independent financial review of Chorus, before the govt takes any action, either to invest or change to commerce Commission determination. Seems fair enough in the circumstances

        • framu 12.2.1.1

          ok then – a simpler version

          3) who should pay for infrastructure development – the investors or the customers who arent using the new infrastucture

          4) why should customers of one product subsidise a different product?

          5) if no ones buying your product shouldnt you improve your product?

        • Colonial Viper 12.2.1.2

          Actually my post was intended to be ironic – but surely nationalisation must appeal to Labour?

          Given that nationalisation will save NZ consumers and business owners hundreds of millions in excess ultrafast broadband fees over the next decade or two, thus also encouraging take up of this important technology, it must have some appeal to National as well?

          • Draco T Bastard 12.2.1.2.1

            Considering that National are on the side of profit and not the country? No.

        • Saarbo 12.2.1.3

          “As for this issue, I simply don’t know enough to assess where the truth lies.”

          Yes well that doesnt stop you from commenting on any other issues, I think you know very well that this is a another major National Party fuck up. This government is hopeless and if it wasnt for $30 billion dollars from the Chch earthquake and record dairy payouts (a commodity), then NZ would be in a long term recession….National are inept at running the economy. Labour will get things back in balance (again).

          • Wayne 12.2.1.3.1

            On other issues (for instance TPP) I do know enough to comment on the substance of the issue.

            • Draco T Bastard 12.2.1.3.1.1

              You know as much about the TPPA as the rest of us. Everything else you have on it is ideology.

              • Wayne

                Not really correct, that this is only a matter of general interest for me.

                International trade has been a specific field of study for me professionally, so I have read a great deal on this area, taught it at Bachelors and Masters level, and of course was involved in various govt committees dealing with trade issues.

                So I do have some insight into TPP.

                • geoff

                  So what’s in the TPP, Wayne?

                • Draco T Bastard

                  International trade has been a specific field of study for me professionally, so I have read a great deal on this area, taught it at Bachelors and Masters level, and of course was involved in various govt committees dealing with trade issues.

                  That doesn’t preclude it from being ideology.

                  Fallacy of Composition

                  Thing is, economists even had to invent the actor that they then said whose attributes applies to everyone.

                  • Wayne

                    Draco,

                    Well obviously I support free trade, as do most people on the centre right (and centre left). Empirical evidence strongly supports the value of free trade. Have a look at an interesting graph on Kiwiblog on trade with China since the FTA.

                    However, I have also worked professionally in the area, so have specific skills in the field.

                    For instance I know that Jane Kelsey has a different perspective to me, but I also recognise the depth of her knowledge, so I accept she is an expert in the field.

                    In your perspective it seems you simply discount everyone who does not share your view.

                    • Pascal's bookie

                      Would you say that ‘free trade agreements’ aren’t really free trade agreements, and why?

                    • KJT

                      “Empirical evidence strongly supports the value of free trade”.

                      On what planet?

                      How much has borrowing to buy short lived junk from China cost?

                      How much is the repatriation of profits, going to overseas corporates, cost now and in the future?

                      How much are we going to have pay for the lack of jobs and a future for our young people in NZ?

                      How much is the hollowing out of our economy, especially losing local production, costing us?

                      FTA advocates live in the Neo-liberal fantasy world that is destroying societies everywhere.

                      Even on the face of it. 7 billion extra exports to China, 8.2 billion from China and the capital flows from us to China, is not empirical evidence of advantage to New Zealanders.

                      This is why Governments are terrified of allowing their citizens to see the contents of the TPPA before it is signed.
                      They want it signed before we realise how royally we are being screwed, by a corporate Magna Carta.

                      Of course, free trade works perfectly well in transferring wealth to the overseas corporates who fund the National party.

                    • Draco T Bastard

                      Empirical evidence strongly supports the value of free trade.

                      For who? Because it certainly hasn’t helped those who are now in poverty.

                      Also, trade over international distances must actually cost more, in real terms, than producing the product where it’s going to be used. The problem is that our monetary system hides this waste caused by trade. Hell, that waste will push up GDP and so the morons who believe in free trade will be patting themselves on the back.

                      Another good example of the waste caused by the “free-market” system is the installation of the new computers in the new ASB building in Auckland. ~1000 PCs with 4 USB cables each and each cables being ~1.5m long. Most of those probably didn’t need to be any more than half a meter long but “the market” hadn’t provided the tools to make the cables on site. I figure this is probably because it’s so cheap, monetarily speaking, to get them made at the factory that nobody’s even bothered to think about making the correct tools. End result, a conservative estimate of 2km of wasted USB 3 cable.

                      In your perspective it seems you simply discount everyone who does not share your view.

                      Nope. I read what they write, listen to what they say and then pick holes in it with logic and evidence.

                      Oh, and I did note that you didn’t say anything about the entire “free-market” theory being based upon a logical fallacy.

                    • Satty

                      Just out of interest…

                      How much increase in trade with China would we have had without the FTA?

                      China is obviously interested in NZ resources, like dairy, wood etc., yet ,there are still tariffs on dairy products. (China even threatened to increase those when difficulties arose buying dairy farms here.)
                      The NZ consumer likes cheaply produced stuff from China – I call it export of inflation and environmental issues – and as far as I know NZ doesn’t protect local production in any form. Many things are not produced here at all, like TV, mobile phones etc. this would have been imported independent on FTA from China.

                      So how much did NZ profit in export – hypothetical compared to no FTA in place – and how much local business was destroyed by impossible to compete with imports, example clothing manufacturer?

                    • Colonial Viper

                      Phil Goff said that we’ve almost closed the gap on our once huge trade deficit with China because of the FTA.

                      The current account deficit that NZ persistently faces now is largely due to foreign corporates and banks siphoning billions of dollars out of this country a year, afaik.

                    • newsense

                      The problem Dr Mapp, is that it is hard to believe the National government when it says the TPP will benefit New Zealand, in that it is far from sure it will benefit all New Zealanders.

                      Generating trade may be good for the economy, but the costs are not in plain sight and the benefits do not always flow through.

                      For example we have seen a rise in prescription charges, a rise in GST and a reduction the power workers have to improve their conditions through bargaining, among other things. All these things are a redistribution in wealth in our country, but it sure doesn’t benefit all New Zealanders. This makes it hard to trust the assurances of the National government that it is in New Zealand’s best interests to sign up to the TPPA.

                      Besides the numerous flaws of process, such as being at the behest of the US Congress post-negotiation, there is a sense that those of us who might end up paying the cost of this would not see the benefits, and that the costs may in the end be too great to justify. I think I am pro-free trade, but this doesn’t seem to be a free-trade agreement in the strict sense of the agreement either, but we won’t know until we see the text or have key details made plain.

                    • KJT

                      In fact our real trade, in tangible products, has almost always been in surplus.

                      The deficit is due to profits and interest going offshore. A deficit which Waynes mates are increasing every day.

                  • Rogue Trooper

                    Modo hoc Draco 😉 +1

                • KJT

                  So. Why are Governments all around the world too scared to tell their people, what is in it? Wayne.

  13. Red Horse 14

    This Chorus thing is a disaster. National have shown they cant manage the economy. Nationals ideas are extreme, outdated and they are hurting families.

    The Greens have decided the best way to get high speed Internet to all families is to have a government owned Internet provider.

    Partnering with Labour, we will launch KIWINET during our first term of office.

    This will provide families with good, fast, cheap Internet.

    We will also include filtering to protect families from things they don’t want to be seeing.

    Vote Green, a vote for families.

    • shorts 14.1

      as much as I care for families – have one myself…. but you know there’s a shit load of potential voters whom don’t live in what would be consider a Family type situation… something for your one liner writers to consider – file alongside only ever considering the children (adults count too)

      Vote Green, a vote for ALL New Zealanders

      /rant

    • Lanthanide 14.2

      Oh god, KiwiNet!

      When will it end? KiwiFood, a new supermarket? KiwiShop, a rival for The Warehouse?

      Naming aside, as for a government owned ISP, I don’t really see a need for it. There is actually a lot of competition in the market already (thanks to Cunliffe) and prices and speeds, as well as bandwidth allowances, are actually pretty good.

      Now the ‘family filtering’ thing would be welcome for those who wanted to sign up for it, but there’s no need for a government ISP to offer that service, it could just be regulated.

  14. Tracey 15

    Wayne

    are you joining the current mischieviousness of deliberately calling setting up a govt run enterprise as nationalization?

    • Wayne 15.1

      Tracey,

      Well, surely buying into an existing company is nationalisation, even if only a mild form. For instance Labour activists want the govt to buy back MRP and Meridian – actually some do not want to buy back, they just want to seize the private shareholdings, presumably including Kiwisaver investments!

      But I guess you mean KiwiAssure, which I frankly am indifferent to. Seems to be solving a nonexistent problem. Which is not to say that people don’t have some difficulties with insurance in Christchurch, but that is inevitable in such a large disaster. In fact people seem to have more grievance with the state owned EQC, than with the private insurers. And lets remember that AMI went bust and was bailed out by taxpayers (or more accurately the homeowner policy holders were bailed out).

      • felix 15.1.1

        “Well, surely buying into an existing company is nationalisation, even if only a mild form.”

        That’s pretty funny considering the lengths to which your govt and propagandists went to insist that it’s not privatisation unless you sell the whole farm.

        • Wayne 15.1.1.1

          I think it was called a partial privitisation, well actually a Mixed Ownership Model, presumably for Mom and Dad Investors!

          • Lanthanide 15.1.1.1.1

            So it’s Partial Nationalisation then, duh.

            • Colonial Viper 15.1.1.1.1.1

              Just awesome.

              • Lanthanide

                Seems there’s a clear attack line for the opposition there.

                “This government was tripping over itself to implement partial privatisation of our energy companies, and now they’re wanting to go for partial nationalisation of the telecommunications industry. This government clearly doesn’t know whether they’re coming or going, buying or selling.”

      • One Anonymous Knucklehead 15.1.2

        Seize back, as a punitive measure, to send a message to the greedy. They can buy the National Party, it’s for sale, but don’t expect New Zealand to put up with it.

  15. MrSmith 16

    And you forgot about the banks Eddie, English let a golden opportunity to nationalize our banks slip away.

    If this was the corporate world these companies would go under or be snapped up for a bargain and I see no reason why the government shouldn’t be the buyer, but this goes against Nationals ideology and Key, Joyce, National are beholding to there corporate donors so can’t do what they know is the right thing, what’s wrong with the Government picking up the odd bargain instead of always buying back defunct ones.

  16. SpaceMonkey 17

    FWIW… a quick check: Chorus Limited wholly owns Chorus NZ Ltd while in turn being over 55% owned by the Government in the form of NZ Central Securities (RBNZ) (39.69%) and Crown Fibre Holdings (15.86%). Crown Fibre Holdings’ share allocation is 50/50 between the Minister of Finance and the Minister of State Owned Enterprises.

    The remainder of the ownership is the usual suspects: JP Morgan, National Nominees (that’s NAB), Forsyth Barr, Citicorp, HSBC, etc at around 3% and downwards.

    • tc 17.1

      Where does the actual network ownership lie, in the NZ vehicle or the ultimate limited holding entity.

      So the crown has a 55% exposure on what Chorus is getting up to on top of paying for them to do it via CFH funding the build as I read this…..awesome.

  17. Tracey 18

    [lprent: please link to where you take quotes from – eg http://en.wikipedia.org/wiki/Nationalization and also identify the quote as being a quote. It would also help to have pasted it in as a readable format. I did the first two for you, and if people want a readable viersion, wikipedia is (now) only a click away. ]

    Nationalization (British/Commonwealth spellingnationalisation) is the process of taking a private industry or private assets into public ownership by a national government or state.[1] Nationalization usually refers to private assets, but may also mean assets owned by lower levels of government, such asmunicipalities, being transferred to the public sectorto be operated and owned by the state. The opposite of nationalization is usually privatization or de-nationalization, but may also be municipalization. Industries that are usually subject to nationalization include transport, communications, energy, banking and natural resources.A renationalization occurs when state-owned assets are privatized and later nationalized again, often when a different political party or faction is in power.A renationalization process may also be calledreverse privatization. Nationalization has been used to refer to either direct state-ownership and management of an enterprise or to a government acquiring a large controlling share of a nominally private, publicly listed corporation.[citation needed]Nationalization was one of the major means advocated by reformist socialists for transitioning from capitalism to socialism. Socialist ideologies that favor nationalization are typically called state socialism. In this context, the goals of nationalization were to dispossess large capitalistsand redirect the profits of industry to the public purse, as a precursor to the long-term goals of establishing worker-management and reorganizing production toward use.[2]Nationalized industries, charged with operating in the public interest, may be under strong political and social pressures to give much more attention toexternalities. They may be obliged to operate some loss making activities where social benefits are clearly greater than social costs — for example, rural postal and transport services. As an instance, theUnited States Postal Service is guaranteed its nationalised status by the Constitution. The government has recognized these social obligations and, in some cases, provides subsidies for such non-commercial operations.Since the nationalised industries are state owned, the government is responsible for meeting any debtsincurred by these industries. The nationalized industries do not normally borrow from the domestic market other than for short-term borrowing. However, if they are profitable, the profit is often used as a means to finance other state services, such as social programs and government research — which can help lower the tax burden.Nationalization may occur with or without compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalizedproperty. Some nationalizations take place when a government seizes property acquired illegally. For example, in 1945 the French government seized the car-makers Renault because its owners had collaborated with the Nazi occupiers of France.[3

  18. Tim 19

    Just saying ….. many arguments above seem to be based around the concept of a ‘company’ or corporation operating on commercial lines. Why?! – only because we’ve become accustomed to the neo-lib doctrine of commodifying all and everything!
    It’s a natural monopoly – just like a water or gas or electricity or roading GRIDs. Any such monopoly IMHO should be PUBLICLY owned – or at the very least controlled. In the 21stC, access to the copper or fibre infrastructure is becoming a right – not something that should be left to commercial imperatives.
    The right constantly try to characterise ‘gubbamint’ ownership as necessarily meaning inefficiency, bureaucracy and anything else they can throw at it. They do so on the basis of it being something that necessarily has to have commercial imperatives as the driving force – rather than it being a social need or public good.
    Personally, I couldn’t give a flying fuck if Chorus’ shares reached 1c a share! Actually I kind of hope they do! I really only care if Chorus (or any other natural monopoly) has sufficient income to maintain it’s presence and re-invest in its infrastructure. And I don’t care if that means there is only 1 share – owned by central gubbamint; or 11 – owned by 11 regional councils; or slightly higher – owned by regional and city councils; or 4 plus mill (which would be a more complicated proposition having to take account of births and deaths) – owned by each and every citizen.
    Why have ANY shares? Why not just have it as an entity that functions in the interest of its NZ public – owned and controlled by them through their elected representatives (with various guidelines and protections in place of course – for those tempted towards the Main Chance – and with appropriate sanctions if ever they were to try it )

    We’re talking about the “grid” here – NOT businesses, individual humans, SME’s or larger corporates wanting to provide various services (such as exchange switching) or Josephine Blogger wanting to have access to that PUBLICLY owned backbone – they should be able to access it on equal terms.

    Christ! Have we all bought into this neo-lib agenda or what! WHAT!

    • Draco T Bastard 19.1

      +1

      Well said. We are talking about a monopoly here and one that provides a critical service that everyone needs. Quite simply, we cannot allow the private sector to own and control it. Doing so takes us back to feudalism and the abuses that occurred under that.

    • tc 19.2

      +1 and the way Chorus and the Nats have gone about this shows why it should never been privatised in the first place.

      Chorus are discovering how poor their network has become as they have to now roll back through it with Fibre. They’ve had decades of record profits but funny it never went into the network did it but dividends and more highly paid managers than you can poke a fibre duct at.

    • Colonial Viper 19.3

      Good point Tim. Shows what a thorough job the neolibs have done of warping the language and the discussion.

  19. Andrew Wallace 20

    Excellent article.Will someone please tell me why it cannot be splashed across every newspaper front page in the country? Is it simply because of the right-wing strangehold on 95% of the nation’s media?

    • Rogue Trooper 20.1

      Keep referring to The Standard if you are interested in what is really going on around the place.

  20. tricledrown 21

    Geeze Wayne are you sure you were teaching are you sure you are centre right are you sure you no more about free trade.
    Your explanation has lead no where .
    Maybe that’s why the Tppa is going nowhere.
    Free trade with the US is about Corporations screwing our Democracy over.

  21. tricledrown 22

    After years of monopoly then duopoly under National .Labour broke the monopoly then Steven Joyce handed the contract to chorus to monopolize again.
    Steven Joyce Nationals chief slush funder.
    It started with his ex employers pay off for dirty electioneering on Media Works.(Djs on media work radio stations running Helen Clark down).
    National just keep digging a bigger home for themselves.
    Bill English is pulling out of clutha southland electorate.
    After Tiwae closes there will be no where for him to hide.

Links to post

Recent Comments

Recent Posts

  • Geoffrey Miller: New Zealand’s dilemma at the WTO’s big meeting in Abu Dhabi
    New Zealand’s new trade minister is a busy man. Just weeks after taking office in late November, Todd McClay was also elected as vice-chair for the upcoming 13th Ministerial Conference of the World Trade Organization (WTO). A major gathering of trade ministers from the WTO’s 166 members, ‘MC13’ will take ...
    Democracy ProjectBy Geoffrey Miller
    2 hours ago
  • Weekly Roundup 23-February-2024
    It’s Friday and here are some of the things that caught our attention this week. This Week in Greater Auckland On Monday Matt asked if the upcoming Regional Land Transport Programme will be another debacle. On Wednesday we ran a guest post from Nick Reid on why the CRL ...
    Greater AucklandBy Greater Auckland
    3 hours ago
  • Democracy Denied.
    Political Intervention From Above: From the early-1970s on, lobbying firms and think-tanks have grown like Topsy all across the capitalist world. Had the progressive middle-class not drawn its teeth and clipped its claws, an angry working-class might have risen to meet the Robber Baron’s challenge as it did in the ...
    3 hours ago
  • “I Was Hacked!”
    Hi,“I was hacked” is a wonderful excuse for a variety of sins, and it was used to perfection this week by Brian Houston, the New Zealand founder (and disgraced former leader) of toxic megachurch Hillsong.Ladies and girls kissing” Brian tweeted at 11.41pm on Tuesday.It was four words he’d clearly meant ...
    David FarrierBy David Farrier
    4 hours ago
  • Child poverty progress reverses to 2019 levels
    It was touted as a focus by the previous government, but what progress was made on reducing child poverty has now been eroded away back to 2019-levels. Photo: Lynn GrievesonTL;DR: Six ‘newsy’ things that stood out for me in Aotearoa-NZ’s political economy and beyond from my reading over the past ...
    The KakaBy Bernard Hickey
    4 hours ago
  • The Song of Saqua: Volume V
    Time for another D&D update. Session XI Gunderlun. So the party is back on dry land. First dealings were with the harbour master, who not only requested his fee, but also noted that if Sir Goatslayer (Goliath Monk) is going to have people lugging around his giant tome ...
    13 hours ago
  • Skeptical Science New Research for Week #8 2024
    Open access notables Transition from positive to negative indirect CO2 effects on the vegetation carbon uptake, Chen et al., Nature Communications: Here we investigate how the impacts of eCO2-driven climate change on growing-season gross primary production have changed globally during 1982–2014, using satellite observations and Earth system models, and evaluate their evolution ...
    13 hours ago
  • Gravity wins, everybody loses
    This government should come with a whiplash warning. Did you hear the Prime Minister just go off about the Black Hole They Left Us? - how much was it, 20 billion? 200 billion? Or was it 2 gazillion billion? God he just gets so excited doing his we were going ...
    More Than A FeildingBy David Slack
    18 hours ago
  • Gravity wins, everybody loses
    This government should come with a whiplash warning. Did you hear the Prime Minister just go off about the Black Hole They Left Us? - how much was it, 20 billion? 200 billion? Or was it 2 gazillion billion? God he just gets so excited doing his we were going ...
    More than a fieldingBy David Slack
    18 hours ago
  • Willis tells us before dawn about her travel plans and – early this afternoon – she reports on h...
    Buzz from the Beehive Finance Minister Nicola Willis – and press secretary Nick Venter, too, we may suppose – were up and about before sparrow’s fart. Her bags would have been packed and her passport checked. We report this on the strength of an email from Venter which landed in ...
    Point of OrderBy Bob Edlin
    19 hours ago
  • ROB MacCULLOCH: Grant Robertson’s new job sends an awful message to students about meritocracy in ...
      The appointment of Grant Robertson as Vice-Chancellor of Otago University has raised hackles – and questions – among academics.  Robertson’s credentials for the job is one issue.  The appointment process is another.  University of Auckland economics professor Rob MacCulloch has posted these three articles in the past few days ...
    Point of OrderBy poonzteam5443
    22 hours ago
  • Govt's Budget 'just like a household,' says Willis
    TL;DR: Flying in the face of comments from a ratings agency and a mountain of demand for a new long-term sovereign bond issued yesterday, Finance Minister Nicola Willis has again characterised the Government’s finances as too fragile to borrow in its own right to solve Aotearoa-NZ’s infrastructure deficits. She also ...
    The KakaBy Bernard Hickey
    24 hours ago
  • How oil sands undermine Canada’s climate goals
    This is a re-post from Yale Climate Connections Now in his ninth year as prime minister, Justin Trudeau has sought to position Canada as a global climate leader, touting one of the world’s highest taxes on carbon pollution, clean fuel regulations, and clean technology tax credits. Yet Canada’s per-person climate pollution remains stubbornly ...
    24 hours ago
  • Untold back-stories: the little things media don't tell us but which are nevertheless pertinent
    ..Thanks for reading Frankly Speaking ! Subscribe for free to receive new posts and support my work.In an article entitled "School donations continue to yield millions of dollars for wealthier schools" on RNZ's website on 19 February, Data journalist Farah Hancock reported on the fees ("donations") that (some) schools were ...
    Frankly SpeakingBy Frank Macskasy
    1 day ago
  • Untold back-stories: the little things media don't tell us but which are nevertheless pertinent
    ..Thanks for reading Frankly Speaking ! Subscribe for free to receive new posts and support my work.In an article entitled "School donations continue to yield millions of dollars for wealthier schools" on RNZ's website on 19 February, Data journalist Farah Hancock reported on the fees ("donations") that (some) schools were ...
    Frankly SpeakingBy Frank Macskasy
    1 day ago
  • Efeso Collins – Gone Too Soon.
    My wife’s breathing was heavy beside me as I woke this morning, still dark. Yesterday, and it’s awful news, came crashing into my head and I lay there quietly crying.Thinking of Efeso’s family and loved ones. Of so many people who knew him and were devastated by the shocking news. ...
    Nick’s KōreroBy Nick Rockel
    1 day ago
  • Efeso Collins spoke in Parliament only yesterday on bill which will regulate social workers (and vot...
    Buzz from the Beehive Prime Minister Christopher Luxon and other party leaders have been paying tribute to Green MP Fa’anānā Efeso Collins, who collapsed and died during a ChildFund charity run in central Auckland this morning, . The event, near Britomart, was to support local communities in the Pacific. Collins, ...
    Point of OrderBy Bob Edlin
    2 days ago
  • This is corrupt
    Earlier in the month, a panel of "independent" experts in Wellington produced recommendations for the future of housing in the city, and they were a bit shit, opposing intensification and protecting the property values of existing homeowners. Its since emerged that they engaged in some pretty motivated reasoning on the ...
    No Right TurnBy Idiot/Savant
    2 days ago
  • Efeso Collins
    God, life can be cruel sometimes can’t it?If only everyone was like him. He was so very warm, so very generous, so very considerate, so very decent. Plenty of people have those qualities but I can think of hardly anyone I've met who had them as richly as he did.Let me ...
    More Than A FeildingBy David Slack
    2 days ago
  • CHRIS TROTTER:  Is applying “tough love” to a “fragile” nation the right answer?
      The Question Christopher Luxon Needs To Ask –  And Answer:  How was it possible for a nation of barely three million citizens to create and maintain an infrastructure that functioned, schools and universities that turned out well-educated and enterprising citizens, a health system that kept its people healthy, and a ...
    Point of OrderBy poonzteam5443
    2 days ago
  • DON BRASH: Is an independent foreign policy really feasible?
    Don Brash writes – A week or so ago, Helen Clark and I argued that New Zealand would be nuts to abandon the independent foreign policy which has been a characteristic of New Zealand life for most of the last 40 years, a policy which has seen us ...
    Point of OrderBy poonzteam5443
    2 days ago
  • YVONNE VAN DONGEN: So proud
    Ratepayers might well ask why they are subsidising people who peddle the lie that it is possible to be born in the wrong body and people can change sex. The preponderance of events advertising as ‘queer’ is a gender ideology red flag. Yvonne Van Dongen writes –  It ...
    Point of OrderBy poonzteam5443
    2 days ago
  • S&P slams new Govt's council finance vacuum
    Wellington Water workers attempt to resolve a burst water main. Councils are facing continuing uncertainty over how to pay to repair and expand infrastructure. The Wellington Regional Council was one of those downgraded. File Photo: Lynn Grieveson / The KākāTL;DR: Ratings agency Standard & Poor’s has downgraded the outlooks for ...
    The KakaBy Bernard Hickey
    2 days ago
  • Grant Robertson Resigns.
    Yesterday the man that I admire most in NZ politics called time.Around the middle of yesterday news began to filter out. People were posting unconfirmed reports that Grant Robertson was taking a new role as Vice-Chancellor at Otago Uni. Within an hour it became clear that he was indeed retiring ...
    Nick’s KōreroBy Nick Rockel
    2 days ago
  • Auckland’s City Rail Link will fail immediately… in the best possible way
    This post was originally published on Linked In by Nicolas Reid. It is republished here with permission. Here’s the thing: the City Rail Link is almost certainly going to be overcapacity from day one, with crowding on the trains at peak times. In the simple terms of popular transport ...
    Greater AucklandBy Greater Auckland
    2 days ago
  • You can’t always get what you want
    Grant Robertson is leaving Parliament for two new careers, having been frustrated and blocked from achieving some of his biggest political ambitions. So, he is returning to Dunedin, and, unusually for a former finance minister, with seemingly no ambitions to enter the business world. Instead, he will become Vice Chancellor ...
    PolitikBy Richard Harman
    2 days ago
  • At a glance – Was Greenland really green in the past?
    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 ...
    3 days ago
  • Sharp-elbowed and loving it
    It doesn't seem to take a lot to persuade someone who feels they work their guts out that in fact no one is working as hard as me.It doesn't seem to take a lot to persuade someone who knows somebody taking the welfare system for a ride that they’re all ...
    More Than A FeildingBy David Slack
    3 days ago
  • Sharp-elbowed and loving it
    It doesn't seem to take a lot to persuade someone who feels they work their guts out that in fact no one is working as hard as me.It doesn't seem to take a lot to persuade someone who knows somebody taking the welfare system for a ride that they’re all ...
    More than a fieldingBy David Slack
    3 days ago
  • Then why did she do it?
    Earlier in the month, Cancer Minister Casey Costello was caught lying to the media about whether or not she had requested advice on cutting tobacco excise tax to benefit the cancer industry. She repeated her lies in Parliament. But today, she stood up and pretended to apologise for "causing confusion" ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • Is Applying “Tough Love” To A “Fragile” Nation The Right Answer?
    The Question Christopher Luxon Needs To Ask –  And Answer: How was it possible for a nation of barely three million citizens to create and maintain an infrastructure that functioned, schools and universities that turned out well-educated and enterprising citizens, a health system that kept its people healthy, and a workforce ...
    3 days ago
  • The limits to realism.
    Realism is a school of thought in the field of international relations (IR). It provides a theoretical framework for analysing the behaviour of States in the world political system. Like other theories (which in the IR literature include idealism, liberalism, … Continue reading ...
    KiwipoliticoBy Pablo
    3 days ago
  • UNSOCIAL MEDIA – Following the Trolls
    From TODAY FM archives — Wilhelmina Shrimpton and Simon Morrow take a deep dive into trolling and cyberbullying. From the high profile to the general public, Kiwis across all walks of life are being targeted, and some are paying the ultimate price. So what drives us to troll, who is ...
    The PaepaeBy Peter Aranyi
    3 days ago
  • Govt prescribes stiff medicine for some beneficiaries while easing access to drugs containing pseudo...
    Buzz from the Beehive One of two new announcements on the government’s official website  – given plenty of publicity by the mainstream media over the past 24 hours – has been pitched as the first steps in a “reset” of the welfare system.  Stiff medicine for beneficiaries, in effect. The ...
    Point of OrderBy Bob Edlin
    3 days ago
  • We’re not as fragile or as lazy as Luxon says
    Luxon says his government is one that is “prepared to make those hard decisions”. File Photo: Lynn Grieveson / The KākāTL;DR: Prime Minister Christopher Luxon has adopted the language of Ruth Richardson before her 1991 ‘Mother of All Budgets’ in arguing for benefit sanctions to bolster the Government finances, which ...
    The KakaBy Bernard Hickey
    3 days ago
  • Talking over the Silence.
    Please open the doorNothing is different, we've been here beforePacing these hallsTrying to talk over the silenceIf I was to describe what I do, or at least the way it sometimes feels, then talking over the silence wouldn’t be a bad way to do so.Not that there aren’t other voices ...
    Nick’s KōreroBy Nick Rockel
    3 days ago
  • LINDSAY MITCHELL: National needs to go further
    Lindsay Mitchell writes – In today’s State of the Nation speech Christopher Luxon talked repeatedly about getting young people off welfare. It seems that National has devised a traffic light system which will use increasing levels of sanctions – welfare deductions – when beneficiaries fail to meet their ...
    Point of OrderBy poonzteam5443
    3 days ago
  • Gordon Campbell on National spreading panic about the economy
    It is a political strategy as old as time. Scare the public with tales of disaster and stampede them into supporting your ideological agenda because they believe There Is No Alternative. Yet, if the NZ economy truly is as “fragile” as PM Christopher Luxon says it is… Then how come ...
    3 days ago
  • The promise of passive house design
    This is a re-post from Yale Climate Connections by Sarah Wesseler Imagine a home so efficient that it could be heated with a hair dryer. That’s the promise of a passive house, a design standard that’s becoming increasingly popular in the architecture community for its benefits to occupants and the climate. ...
    3 days ago
  • Deep in the Uncanny Valley of AI
    Hi,Before we get started, some very big fun Webworm news. I am launching a new journalism fund called Big Worm Farm!A really great thing that’s happened with Webworm over the last four years is that it’s grown. That’s great for a few reasons.Firstly — it means the work here gets ...
    David FarrierBy David Farrier
    3 days ago
  • Introducing: Big Worm Farm
    Hi,I’m excited to tell you about Big Worm Farm.Put simply, the main aim of Big Worm Farm is to support investigative journalists from around the world to be able to devote dedicated time to research and report on a specific story, to be published on Webworm.The stories will capture the ...
    David FarrierBy David Farrier
    3 days ago
  • Why Massey is broke
    The Tertiary Education Commission has named the two universities it says are at high risk financially. They are Massey and Victoria. The Commission appeared before Parliament’s Education Select Committee yesterday and offered a revealing and rare insight into the complex world of university economics. Its Briefing to the Incoming Minister ...
    PolitikBy Richard Harman
    3 days ago
  • You keep Luxin' when you oughta be thruthin'
    Christopher Luxon’s campaign to win last year's election continued yesterday with a speech.Channelling possibly Bruce Willis in Die Hard, he was all, I'm not going to dress it up, I'm going to level with you guys: the state of the nation is fragile.The thing he’s maybe missing is that it ...
    More Than A FeildingBy David Slack
    4 days ago
  • The PM spoke of the need for tough choices – and then opted to beat a retreat when gays and Gaza a...
    Buzz from the Beehive The PM’s State of the Nation speech – according to a Newshub headline – was a ‘buffet of buzzwords’ and full of ‘nonsense’. Fair to say, the quoted words were attributed to Opposition politicians, who were unlikely to say the speech was visionary and inspiring: PM ...
    Point of OrderBy Bob Edlin
    4 days ago
  • Keynesian Wisdom.
    When the facts change, I change my mind - what do you do, sir?John Maynard Keynes (1883-1946)This posting is exclusive to Bowalley Road. ...
    4 days ago
  • BRIAN EASTON: Puffing policy
    Public policy towards tobacco consumption remains politically sensitive. Brian Easton writes – In 1983, a young researcher was told by a medium-level Treasury official that Treasury policy was to abandon excise duties on tobacco. The senior Treasury economist that I consulted, famed for his commonsense, snorted ‘we ...
    Point of OrderBy poonzteam5443
    4 days ago
  • Is 2.8% per year population growth too much?
    TL;DR: The Government is reviewing migration settings that produced 2.8% population growth last year and is looking at a longer-term strategy of matching population growth to the ‘absorbtive capacity’ of Aotearoa-NZ’s infrastructure.Our population grew last year at its fastest rate since 1947, when large numbers of troops returning from World ...
    The KakaBy Bernard Hickey
    4 days ago
  • Tough Choices & Tough Love.
    I've been trying to hurt youI've been holding you tightI've been learning to love youAm I doing it right?How are you still breathingWith my hands all over your heart?How do we start healingIf we can't keep out the dark?Yesterday the Prime Minister delivered his State of the Nation, for no ...
    Nick’s KōreroBy Nick Rockel
    4 days ago
  • Will the 2024 RLTP be yet another debacle?
    A couple of years ago, Auckland Council and Auckland Transport found themselves in court over the 2021 Regional Land Transport Plan (RLTP). A non-profit alliance for transport decarbonisation, All Aboard Aotearoa, argued that among other factors, the RLTP was unlawful because it failed to give effect to the 2021 Government ...
    4 days ago
  • 2024 SkS Weekly Climate Change & Global Warming News Roundup #07
    A listing of 31 news and opinion articles we found interesting and shared on social media during the past week: Sun, Feb 11, 2024 thru Sat, Feb 17, 2024. Story of the week Based on mission alignment, our Story of the Week is certainly Can we be inoculated against climate ...
    5 days ago
  • Immigration Issues.
    Help is comingI heard a whisperWhite caps turningThe breath of summerA distant drummingAnd liar birds callingEscape the anguish of our pastAnd prayOne of the major challenges of the the 21st century will be the mass migration of human beings around our globe.Some seeking economic opportunities, others fleeing repressive regimes, war ...
    Nick’s KōreroBy Nick Rockel
    5 days ago
  • Trust us, we know what we’re doing
    The best trick the National Party ever pulled was to fabricate their reputation as the responsible ones.This would be the National Party that denied us the New Zealand Superannuation Scheme that—Brian Gaynor wrote back in 2007would be worth more than $240 billion today and would have transformed the New Zealand ...
    More Than A FeildingBy David Slack
    5 days ago
  • The Left’s Timidity
    It is not just Karl Marx – even the most enthusiastic supporters of the market economy (not least Adam Smith) will concede that its normal operation inevitably leads to a concentration of wealth in relatively few hands. Some, at least, of these enthusiasts will accept that such a concentration is ...
    Bryan GouldBy Bryan Gould
    6 days ago
  • OLIVER HARTWICH: Absurd – NZ courts can now decide on climate change
    Oliver Hartwich writes – The World Justice Project ranks New Zealand 7th out of 142 countries on its ‘Rule of Law Index’, narrowly ahead of Australia’s 13th place. However, Australia still has hope – if only because of a recent decision by the Supreme Court of New Zealand. The ...
    Point of OrderBy poonzteam5443
    6 days ago
  • Still waiting on that turnaround
    Hello! Here comes the Saturday edition of More Than A Feilding, catching you up on the past week’s editions.Friday: Week in review, quiz style2. Shane Jones’ demeanour in mocking and deriding climate activists can be observed in what other realm of human behaviour?a. Gleeful little boys pulling wings off fliesb. ...
    More Than A FeildingBy David Slack
    6 days ago
  • Can we be inoculated against climate misinformation? Yes – if we prebunk rather than debunk
    This article is republished from The Conversation under a Creative Commons license. Read the original article written by Christian Turney, University of Technology Sydney and Sander van der Linden, University of Cambridge and first published on February 14, 2024. Adrien Demers/Shutterstock Last year, the world experienced the hottest day ...
    6 days ago
  • Mihi Forbes and the great Atlas conspiracy
    Graham Adams writes — Last week, Mihingarangi Forbes made an extraordinary claim while interviewing David Seymour on Mata Reports, a taxpayer-funded current affairs programme which, she says, looks at events through an “indigenous lens”. She asked him about Act’s links to the Atlas Network, which fosters connections between centre-right ...
    Point of OrderBy gadams1000
    7 days ago
  • Puffing Policy
    Public policy towards tobacco consumption remains politically sensitive. In 1983, a young researcher was told by a medium-level Treasury official that Treasury policy was to abandon excise duties on tobacco. The senior Treasury economist that I consulted, famed for his commonsense, snorted ‘we need the money’. He explained that no-excise-duty ...
    PunditBy Brian Easton
    7 days ago
  • Luxon is one of three prime ministers pressing for a ceasefire in Gaza – but the two-state solutio...
    Buzz from the Beehive Two days after hundreds of people rallied outside the New Zealand parliament and the US embassy in Wellington to protest against what they maintain is genocide in Gaza,  Prime Minister Chris Luxon joined with the Prime Ministers of Australia and Canada to express their  concerns that ...
    Point of OrderBy Bob Edlin
    7 days ago
  • All jellied up with possum grease
    1. Shane Jones, addressing the energy industry, called climate concern what?a. The only sane responseb. Undeniably valid c. Our last best hope d. A "religion" 2. Shane Jones’ demeanour in mocking and deriding climate activists can be observed in what other realm of human behaviour?a. Gleeful little boys pulling wings off fliesb. Gleeful ...
    More Than A FeildingBy David Slack
    7 days ago
  • Equality comes to Greece
    The Greek Parliament has voted for marriage equality: Greece has become the first Christian Orthodox-majority country to legalise same-sex marriage. Same-sex couples will now also be legally allowed to adopt children after Thursday's 176-76 vote in parliament. Prime Minister Kyriakos Mitsotakis said the new law would "boldly abolish a ...
    No Right TurnBy Idiot/Savant
    7 days ago
  • CHRIS TROTTER:  Iron in her soul.
      “Battle not with monsters, lest ye become a monster, and if you gaze into the abyss, the abyss gazes also into you.” – Friedrich Nietzsche   Chris Trotter writes – TELEVISION NEW ZEALAND is to be congratulated for inviting Chloe Swarbrick onto its Q+A current affairs show. The Green MP ...
    Point of OrderBy poonzteam5443
    7 days ago
  • The Hoon around the week to Feb 16
    Net emigration of New Zealanders overseas hit a record-high 47,000 in the 2023 year, which only partly offset net immigration of 173,000, which was dominated by arrivals from India, the Philippines and China with temporary work visas. Photo: Lynn Grieveson / The KākāTL;DR: The five things that mattered in Aotearoa’s ...
    The KakaBy Bernard Hickey
    7 days ago
  • Stop Whispering.
    There's nothing to sayAnd there's nothing to doStop whispering, start shoutingStop whispering, start shoutingYesterday our government surprised a few of us by standing up for something. It wasn’t for the benefit of people who own holiday homes and multiple investment properties. Neither were there any tobacco companies or fishing cartels ...
    Nick’s KōreroBy Nick Rockel
    7 days ago
  • “I'm Not Keen on Whataboutism, But What About…”
    Hi,Not sure how your week is going, but I’ve had a pretty frustrating one. I’ve been trying to put my finger on it, and I think it’s perhaps distilled in this message I got on Twitter:What got me a bit riled up is that it was a response to the ...
    David FarrierBy David Farrier
    7 days ago
  • Gordon Campbell on National passing bad policies under urgency
    If National really had faith in its welfare policies, it wouldn’t be ramming them through Parliament under urgency – a step that means the policies can’t be exposed to select committee debate, public submissions, expert commentary, media scrutiny and all the normal democratic processes that this coalition appears to hold ...
    1 week ago
  • Weekly Roundup 16-February-2024
    It’s Friday so once again here”s our roundup of some of the articles that caught our attention this week. This Week in Greater Auckland On Monday Matt looked at the Government’s war on Auckland. On Tuesday Matt covered the ongoing issues with the rail network. On Thursday Matt ...
    Greater AucklandBy Greater Auckland
    1 week ago
  • The Dawn Chorus for Friday, February 16
    The six things to note in my view at 6.30 am on Friday, February 16 in Aotearoa-NZ’s political economy are: Read more ...
    The KakaBy Bernard Hickey
    1 week ago
  • Iron In Her Soul.
    “Battle not with monsters, lest ye become a monster, and if you gaze into the abyss, the abyss gazes also into you.” – Friedrich NietzscheTELEVISION NEW ZEALAND is to be congratulated for inviting Chloe Swarbrick onto its Q+A current affairs show. The Green MP for Auckland Central is the odds-on ...
    1 week ago
  • Dig this
    Resources Minister Shane Jones yesterday told a breakfast hosted by Energy Resources Aotearoa precisely what they wanted to hear. “We campaigned to rehabilitate relegitimise and stand up for working families who derive their income,  derive their hope and derive purpose in regional New Zealand through a flourishing, growing, forward-leaning energy ...
    PolitikBy Richard Harman
    1 week ago
  • Skeptical Science New Research for Week #7 2024
    Open access notables Physics-based early warning signal shows that AMOC is on tipping course, van Westen et al., Science Advances: Here, we show results of the first tipping event in the Community Earth System Model, including the large climate impacts of the collapse. Using these results, we develop a physics-based and ...
    1 week ago
  • A rejection of the rule of law
    No Right TurnBy Idiot/Savant
    1 week ago
  • Shrugging-Off The Atlas Network.
    Upholding The Status-Quo: The Left’s election defeat is not the work of the Atlas Network. It is not even the work of David Seymour and Act. It is the work of ordinary citizens who liked the Right’s stories better than they liked the Left’s. If the Right’s stories were made ...
    1 week ago
  • BARRIE SAUNDERS: Treaty Principles – all rather problematic
    Barrie Saunders writes – When ACT’s leader said they wanted legislation to state what the Treaty principles mean, my first thought was this will be controversial and divisive.  Clearly it is. The first reference to the principles of the Treaty were contained in the 1975 Act establishing the Treaty of ...
    Point of OrderBy poonzteam5443
    1 week ago
  • Luxon Rejects The “Rejection Election” At His Peril.
    Fitting Right In: National retailed a reactionary manifesto of right-wing, racially-charged policies to the electorate throughout 2023. No talk back then of ignoring the overwhelming political preferences of the voting public and making a strong stand on principle. If Luxon’s pollsters and focus-groups were telling him that the public was ...
    1 week ago

  • Retiring Chief of Navy thanked for his service
    Defence Minister Judith Collins has thanked the Chief of Navy, Rear Admiral David Proctor, for his service as he retires from the Royal New Zealand Navy after 37 years. Rear Admiral Proctor will retire on 16 May to take up an employment opportunity in Australia.  “I would like to thank ...
    BeehiveBy beehive.govt.nz
    30 mins ago
  • Indonesian Vice President to visit New Zealand
    Indonesia’s Vice President Ma’ruf Amin will visit New Zealand next week, the first here by an Indonesian leader since 2018, Deputy Prime Minister Winston Peters has announced. “New Zealand and Indonesia have a strong partnership,” Mr Peters says.  “The Vice President’s visit is an opportunity to discuss how we can strengthen ...
    BeehiveBy beehive.govt.nz
    31 mins ago
  • Government boost to fight against caulerpa
    The battle to contain the fast-spreading exotic caulerpa seaweed has today received a $5 million boost to accelerate the development of removal techniques, says Biosecurity Minister Andrew Hoggard.  “The time is now to really lean in and build on the work of Biosecurity New Zealand, mana whenua, communities and local ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • Minister attending Australian data, digital meeting
    Minister for Digitising Government Judith Collins is in Sydney to attend the first Data and Digital Ministers’ Meeting of 2024.  “This is a great opportunity to connect with our Australian counterparts and identify how we can work together on digital transformation,” Ms Collins says.   “Both our nations are looking into ...
    BeehiveBy beehive.govt.nz
    19 hours ago
  • Appointments to Antarctica New Zealand Board
    Foreign Minister Winston Peters has appointed Leon Grice and Heather Simpson to serve on the Antarctica New Zealand board.  “Since taking office, the Coalition Government has become concerned about the direction of the Scott Base Redevelopment Project,” Mr Peters says.  “It is vital that Antarctica New Zealand has the right ...
    BeehiveBy beehive.govt.nz
    20 hours ago
  • Strengthening the Single Economic Market
    Finance Minister Nicola Willis has met with Australian Treasurer Jim Chalmers to discuss the opportunities to lower business costs and increase the ease with which businesses and people can operate across the Tasman.     “I have met with Treasurer Chalmers and shared our new Government’s ambitious economic goals, our plans ...
    BeehiveBy beehive.govt.nz
    21 hours ago
  • Government to address business payment practices
    The Government will repeal the Business Payment Practices Act 2023, Small Business and Manufacturing Minister Andrew Bayly announced today. “There is a major problem with large market players imposing long payment terms and routinely paying invoices late. “However, the Business Payment Practices Act is not an effective solution and would ...
    BeehiveBy beehive.govt.nz
    21 hours ago
  • Greater focus on work will reduce child poverty
    Worsening child poverty rates support the Coalition Government’s focus on reducing the cost of living and getting people into work, Child Poverty Reduction Minister Louise Upston says. Figures released by Stats NZ today show child poverty rates have increased, with the rising cost of living, driven by inflation, making it ...
    BeehiveBy beehive.govt.nz
    24 hours ago
  • NZ announces new support for Ukraine
    Foreign Minister Winston Peters and Defence Minister Judith Collins have marked two years since Russia’s invasion of Ukraine by announcing further support and sanctions, and extending our military assistance. “Russia launched its illegal, full-scale invasion of Ukraine, in blatant violation of international law, including the UN Charter,” Mr Peters says. ...
    BeehiveBy beehive.govt.nz
    24 hours ago
  • Finance Minister to meet Australian Treasurer
    Finance Minister Nicola Willis will travel to Australia today to meet her Australian counterpart, Treasurer Jim Chalmers.    “New Zealand and Australia have an incredibly strong trade and investment relationship. The Closer Economic Relations and Single Economic Market are powerful engines for growth on both sides of the Tasman.     “I will ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • PM shocked and saddened at death of Efeso Collins
    “I am truly shocked and saddened at the news of Efeso Collins’ sudden death,” Prime Minister Christopher Luxon says. “Efeso was a good man, always friendly and kind, and a true champion and advocate for his Samoan and South Auckland communities. “Our thoughts and deepest sympathies go to his family, ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Greater support for social workers
    The Coalition Government is enhancing the professionalism of the social work sector and supporting the vulnerable people who rely on them, Social Development and Employment Minister Louise Upston says.  The Social Workers Registration Legislation Amendment Bill passed its third reading in Parliament today. It amends the Social Workers Registration Legislation ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government delivers greater freedom and choice for sick New Zealanders
    The coalition government is delivering on its commitment to making principled decisions by getting rid of red tape that doesn’t make sense and allowing sick New Zealanders greater freedom and choice to purchase effective cold and flu medicines. A bill amending the Misuse of Drugs Act 1975 is being introduced, and changes to the Medicines ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government begins reset of welfare system
    The Coalition Government is taking early action to curb the surge in welfare dependency that occurred under the previous government by setting out its expectations around employment and the use of benefit sanctions, Social Development and Employment Minister Louise Upston says. In 2017, 60,588 sanctions were applied to beneficiaries who ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • State of the Nation
    Ka nui te mihi kia koutou. Kia ora, good morning, talofa, malo e lelei, bula vinaka, da jia hao, namaste, sat sri akal, assalamu alaikum. Thank you for coming to my first State of the Nation as Prime Minister. Thank you for coming to a speech where I don’t just ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • West Coast tourism attractions officially open
    Regional Development Minister Shane Jones will attend the official opening of two highly anticipated tourism projects on the West Coast today – Pike29 Memorial Track, dedicated to the memory of the Pike River miners, and Pounamu Pathway. “The Pike29 Memorial Track is a way to remember and honour the men ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Independent ferry service advisory group in place
    Appointments to the Ministerial Advisory Group tasked with providing independent advice and assurance on the future of KiwiRail’s inter-island ferry service have been made, State Owned Enterprises Minister Paul Goldsmith says. “It’s important for New Zealand that KiwiRail is focused on ensuring safe, resilient, and reliable ferry services over the ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Joint statement from the Prime Ministers of Australia, Canada, and New Zealand
    The Prime Ministers of Australia, Canada and New Zealand today issued the following statement on reports of Israel’s planned military operation in Rafah. We are gravely concerned by indications that Israel is planning a ground offensive into Rafah.   A military operation into Rafah would be catastrophic. About 1.5 million Palestinians ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Govt will deliver on expanded breast screening
    The coalition Government has made the first steps in delivering on its promise to  extend free breast screening to women aged 70-74, Health Minister Shane Reti says. “As part of the 100 day plan, the Government has now met with officials and discussed what is needed in order for the ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government announces woolshed roadshows in support of sheep farmers
    The Government celebrates National Lamb Day (15 February 24) and congratulates sheep farmers on the high-quality products they continue to produce. Agriculture Minister McClay hosted bipartisan celebrations of National Lamb Day with industry representatives at Parliament this week to mark the anniversary of the first frozen lamb exports that left ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech: Address to the NZ Economics Forum
    It’s great to be back at the New Zealand Economics Forum. I would like to acknowledge everyone here today for your expertise and contribution, especially the Pro Vice-Chancellor, Head of the Waikato Management School, economists, students and experts alike. A year has passed since I was last before you, and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government tackling high construction costs
    The Government is focused on reducing sky-high construction costs to make it more affordable to build a home, Building and Construction Minister Chris Penk says.  Stats NZ data shows the cost of building a house has increased by 41 per cent since 2019, making housing even more unaffordable for Kiwi ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Labour’s Three Waters legislation repealed
    The Coalition Government’s legislative plan to address longstanding issues with local water infrastructure and service delivery took an important step today, with the repeal of Labour’s divisive and unpopular Three Waters legislation, Local Government Minister Simeon Brown says. “Repealing this legislation is a necessary first step in implementing our Local ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Cost of living support for beneficiary households
    The Coalition Government is delivering on its commitment to ease the cost-of-living by increasing main benefit rates in line with inflation and ensuring the Minimum Family Tax Credit threshold remains aligned with this change, Social Development and Employment Minister Louise Upston says. The Social Security (Benefits Adjustment) and Income Tax ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government announces agriculture delegations to better support Primary sector
    The coalition Government has announced ministerial delegations to support key areas across the Primary sector to deliver for New Zealand’s food and fibre sector, Agriculture Minister Todd McClay announced today. “I will be supported in my roles as Minister of Agriculture, Trade, Forestry and Hunting and Fishing, by three Associate ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Waikato MoU reinforces Govt’s commitment to increase NZ doctors
    The Government has taken an important step forward in addressing a critical shortage of New Zealand-trained doctors, with today’s signing of a Memorandum of Understanding for a third medical school, Minister of Health Dr Shane Reti has announced.  “Today’s signing by the Ministry of Health and the University of Waikato ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech – Lunar New Year 2024
    Annyeonghaseyo, greetings and welcome all. It is my pleasure as the Minister for Ethnic Communities to welcome you to the first Lunar New Year Event in Parliament. Thank you to our emcees for greeting us in the different languages that represent the many cultures that celebrate the Lunar New Year. ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • More funding to Hawke’s Bay and Tairāwhiti
    Urgent work to clean-up cyclone-affected regions will continue, thanks to a $63 million boost from the Government for sediment and debris removal in Hawke’s Bay and Tairāwhiti.                                                                                                   The funding will help local councils continue urgent work removing and disposing of sediment and debris left from Cyclone Gabrielle.   “This additional ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Budget will be delivered on 30 May
    Plans to deliver tax relief to hard-working New Zealanders, rebuild business confidence and restore the Crown’s finances to order will be unveiled on 30 May, Finance Minister Nicola Willis says. The plans will be announced in the Budget which is currently being developed by Ministers.  “The last government’s mismanagement of ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Government advances Local Water Done Well
    The Coalition Government is continuing work to restore council ownership and control of water assets by repealing Three Waters and appointing a Technical Advisory Group to provide expert advice on the implementation of Local Water Done Well, Local Government Minister Simeon Brown says. “The Government will pass a bill to ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Minister congratulates NZQA Top Scholars
    Education Minister Erica Stanford congratulates the New Zealand Scholarship recipients from 2023 announced today.  “Receiving a New Zealand Scholarship is a fantastic achievement and is a testament to the hard work and dedication the recipients have put in throughout the year,” says Ms Stanford.  “New Zealand Scholarship tests not only ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • New diplomatic appointments
    Foreign Minister Winston Peters has today announced five new diplomatic appointments.  "Strong and effective diplomacy to protect and advance our interests in the world is needed now more than ever," Mr Peters says.  “We are delighted to appoint senior diplomats from the Ministry of Foreign Affairs and Trade to these ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Speech to the Committee for Auckland
    It is great to be here today at this event as Minister for Auckland and Minister ofTransport. Let me start by acknowledging each one of you and thanking the Committee forAuckland for hosting this event and inviting me to speak here today. The Committee for Auckland has been a symbol ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Getting Transport Back on Track in Auckland
    Transport Minister Simeon Brown has today confirmed his high-level transport priorities for Auckland, in the lead up to releasing the draft Government Policy Statement on Land Transport. “Our economic growth and productivity are underpinned by a transport network that enables people and freight to move around safely and efficiently. At ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Government to axe Auckland Regional Fuel Tax
    Transport Minister Simeon Brown has confirmed that the Auckland Regional Fuel Tax will end on 30 June 2024. “Today, I can confirm that the Government has agreed to remove the Auckland Regional Fuel Tax in line with our coalition commitments, and legislation will be introduced to parliament to repeal the ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Minister Calls for Work to Tackle Kina Barrens
    Changes to fishing rules and a significant science programme are being undertaken to address kina barrens, says Minister for Oceans and Fisheries Shane Jones. “There has been tremendous interest from iwi, communities and recreational fishers who had raised concerns about such kina infestations being a major threat to Northland’s marine ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Government law and order crackdown begins
    The coalition Government is making good on its promise to restore law and order by removing government funding for Section 27 reports and abolishing the previous Labour Government’s prison reduction target, Justice Minister Paul Goldsmith and Corrections Minister Mark Mitchell say.  “In recent years, the development of Section 27 reports ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Greater focus on getting people into work
    The coalition government will refocus employment efforts and the welfare system so that supporting people who can work into jobs is the number one priority, Social Development and Employment Minister Louise Upston says. “Of concern in the labour market statistics released by Stats NZ today was the number of youth not ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • One year on, NZ appeals for release of Phillip Mehrtens
    Foreign Minister Winston Peters has appealed to those holding New Zealand pilot Phillip Mehrtens in remote Papua, Indonesia, to release him immediately.  Phillip Mehrtens was taken hostage a year ago on 7 February in Paro, Papua, while providing vital air links and supplies to remote communities. “We strongly urge those holding ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Ministers reaffirm Pacific connections this week
    Foreign Minister Winston Peters and Health Minister and Minister for Pacific Peoples Dr Shane Reti are reaffirming the importance of New Zealand’s connections to the Pacific by visiting Tonga, Cook Islands and Samoa this week.  “New Zealand enjoys strong and long-standing relationships with our Pacific partners - especially in Polynesia, where we ...
    BeehiveBy beehive.govt.nz
    3 weeks ago

Page generated in The Standard by Wordpress at 2024-02-22T21:39:43+00:00