web analytics

Daily Review 02/08/2018

Written By: - Date published: 5:30 pm, August 2nd, 2018 - 26 comments
Categories: Daily review - Tags:

Daily review is also your post.

This provides Standardistas the opportunity to review events of the day.

The usual rules of good behaviour apply (see the Policy).

Don’t forget to be kind to each other …

26 comments on “Daily Review 02/08/2018 ”

    • Nordy 1.1

      Well said…isn’t it great to have a person of compassion, intelligence, and so ‘down to earth’, as our PM.

  1. bwaghorn 2

    I see every construction has a heap of unfinished apartments . Time for sir Twyford to saddle up his trusty kiwibuild stead and ride to the rescue.

    • Draco T Bastard 2.1

      Subsidising the developers so that they can finish them and get a government guaranteed profit?

      Or do you think he should simply nationalise them and then finish them?

      • John up North 2.1.1

        DTB as with any failed project, someone can step in buy up on the cheap and complete the construction and take any benefits. I’ve seen this in the past and in one case the company that took all the gains was a phoenix company of the original that went bust and walked away from all creditors. Unsurprisingly the gains were pretty good once you told a bunch of subbies and suppliers to fuck off.

        In essence I think you’re on the money, rather than just handing over a subsidy to complete (and guarantee profit) to the failing/failed initial developer, the govt should buy and complete as a Kiwi Build investment.

      • bwaghorn 2.1.2

        I’m not against private profit .
        A lot of the apartments a pre sold but if there is say 20 % unsold the government could make sure it gets finished but 10% of apartments become state houses and the rest kiwi build .
        And those people who have brought off the plans will never forget that labour saved their houses.

        • Draco T Bastard 2.1.2.1

          I’m not against private profit .

          I am as it’s nothing more than bludging and is detrimental to society.

          A lot of the apartments a pre sold but if there is say 20 % unsold the government could make sure it gets finished but 10% of apartments become state houses and the rest kiwi build .

          That’s an option that may work but if the government buys up 20% of the housing (What they’d be doing if they ensure that the building is finished) shouldn’t they own 20%?

          And shouldn’t the failed developers fail rather than get rewarded for their failure?

      • Ad 2.1.3

        That’s just providing license for every fuck-knuckle flybynight developer to do a shit job knowing nanny state will swoop in and pick up the pieces. South Canterbury Finance here we come.

        • bwaghorn 2.1.3.1

          Surly the finance companies would weed out the idiots at stage one .

          • Ad 2.1.3.1.1

            The history of NZ’s boom and bust cycles in my lifetime says otherwise.

            It’s almost the reverse. For example most people blame materials and regulatory deregulation for the entire leaky buildings saga. But it was also mezzanine finance companies putting out shit buildings at rock bottom prices for suckers – and tens of thousands of kiwis lost their shirts.

            And of course, the government eventually agreed to play the chump underwriter of all those sucker-citizens, and those wanker developers largely ran scott free and state subsidized.

          • Draco T Bastard 2.1.3.1.2

            Finance companies don’t make a profit if they go round stopping all the hair-brained schemes.

        • Draco T Bastard 2.1.3.2

          That would depend upon how it’s done wouldn’t it? Could it be done in a way so that the failed developer actually fails while the government saves and completes the housing?

          • bwaghorn 2.1.3.2.1

            I took it as a given that the company would be left to rot . I assumed the receiver would find a buyer to complete the building. That’s were Twyford and co could find a way to make it happen . Is possible ? Buggered if I know.

  2. Anne 3

    This linked photo should be used for tomorrow’s Daily Review:

    https://www.radionz.co.nz/news/national/363217/controversial-alt-right-pair-land-in-nz

    A deliberate insult to Maori art and culture.

    What a pair of arrogant, ignorant and uncultured, attention seeking pre-neanderthals.

  3. Draco T Bastard 4

    Quoting Why we can’t afford the rich:

    But the problem is not just negligent or reckless individuals, or cocaine-fuelled traders, ever seeking to rout competitors and clients, but the ‘criminogenic environment’ of the financial system.

    Yes, there is a problem with the very ‘culture’ of the financial system. It comes from the financial pressures and opportunities that make such behaviour probable. Deregulated, neoliberal finance actively encourages malpractice. In volatile, fiercely competitive financial markets, with constant pressure for short-term gains that deliver shareholder value, ruthlessness, including aggressive tax avoidance and/or evasion, is essential for success, at both corporate and individual level.

    The financial system is broken as it encourages unethical behaviour but, then, we’ve known that for awhile. It’s why tax havens, which National was attempting to turn NZ into, exist – to support that unethical behaviour.

    Hormonal traders
    The financial sector is and has always been male dominated, macho and mean, but it is becoming more so. Since the crisis, a new drug of choice, after cocaine, has emerged among financial executives and traders wanting to be alpha males: testosterone. Several clinics that used to offer it as treatment for impotence are now providing it to traders wanting to stay aggressive, confident and decisive throughout their 12-hour working days.102 This of course makes them even more likely to take extreme risks and act irresponsibly and unethically.

    Seems that drug testing needs to happen in the financial ‘industry’ as well.

    In the upper reaches of the financial sector, and particularly in investment banking, the system attracts the ethically challenged and moulds individuals to be still more selfish and myopic. The wider social costs of their private actions simply don’t come into the equation. This is why media handwringing about ethics rather than the system itself must have many members of the financial sector privately rolling their eyes – or smirking.

    At least some in the financial ‘industry’ will know that they’re not operating ethically – but they simply don’t care.

    It was not only that bosses had limited understanding of their most exotic products, but something more general: a kind of ‘money-illusion’, in which getting more money – that is, bigger claims on the wealth produced by others – is mistaken for creating wealth. They deceived themselves as well as others.

    And that is the biggest deception of all – the belief that these parasites are actually producing wealth.

  4. Ed 5

    We have been warned.

    “Global heatwave is symptom of early stage cycle of civilisational collapse
    Welcome to a 1C planet: the precursor of an 8C catastrophe in 82 years if we keep burning up fossil fuels like there’s no tomorrow.”

    The extreme weather events of the summer of 2018 are not just symptoms of climate breakdown. They are early stage warnings of a protracted process of civilisational collapse as industrial societies face some of the opening symptoms of having already breached the limits of a safe climate. These events are a taste of things to come on a business-as-usual trajectory. They elicit a sense of how industrial civilisational systems are vulnerable to collapse due to escalating climate impacts. And they highlight the urgent necessity of communities everywhere undertaking steps to achieve a systemic civilisational transition toward post-capitalist systems which can survive and prosper after fossil fuels.”

    Read more here…..

    https://medium.com/insurge-intelligence/global-heatwave-is-symptom-of-early-stage-cycle-of-civilisational-collapse-efef3c1dd7eb

  5. corodale 6

    Adopt technologies to decentralise, perhaps counter-intuitively, globalisation isn’t looking like the answer. Strengthen cooperative systems, as competitive-finance self-destructs. eg. Don’t panic, go organic. And block-chain developments which decentralise banking.

  6. Jenny 7

    Gaza blockade: Mike Treen returns to NZ with ‘a few stories to tell’
    Newshub staff – August 2, 2018

    https://www.newshub.co.nz/home/new-zealand/2018/08/gaza-blockade-mike-treen-returns-to-nz-with-a-few-stories-to-tell.amp.html

Recent Comments

Recent Posts

  • Build Auckland light rail for benefit of everyone
    The Government’s decision on light rail in Auckland is the first step towards building the climate friendly, accessible city our communities deserve. ...
    32 mins ago
  • Put our most vulnerable first
    Don’t forget whānau and communities most at risk, says the Green Party, as the Government lays out its three-phase plan for Omicron. ...
    2 days ago
  • Boosting our immunity against Omicron
    With Omicron in the community, it’s vital we all do our bit to help to slow the spread, keep each other safe and protect our health system. One of the most important ways we can reduce the risk of Omicron is to get a booster dose as soon as we’re ...
    2 days ago
  • Equitable response to Omicron vital
    The Green Party supports the Government’s decision to move Aotearoa New Zealand to traffic light level Red at 11.59pm tonight, but says its success will depend on the support that is made available to the most vulnerable. ...
    5 days ago
  • How we’re preparing for Omicron
    As countries around the world experience Omicron outbreaks, we’re taking steps now to ensure we’re as prepared as possible and our communities are protected. ...
    1 week ago
  • What’s Labour achieved so far?
    Quite a bit! This Government was elected to take on the toughest issues facing Aotearoa – and that’s what we’re doing. Since the start of the pandemic, protecting lives and livelihoods has been a priority, but we’ve also made progress on long-term challenges, to deliver a future the next generation ...
    2 weeks ago
  • Tackling the big issues in 2022
    This year, keeping Kiwis safe from COVID will remain a key priority of the Government – but we’re also pushing ahead on some of New Zealand’s biggest long-term challenges. In 2022, we’re working to get more Kiwis into homes, reduce emissions, lift children out of poverty, and ensure people get ...
    2 weeks ago

  • Penguin rehab and native forest restoration get helping hand
    A long-running penguin rehab facility which has been hard hit by the tourism downturn, and work to restore native forest habitats in the Catlins are being supported through Jobs for Nature funding, Conservation Minister Kiri Allan says. Otago’s Penguin Place and The Hokonui Rūnanga Catlins Biodiversity Project will receive combined ...
    BeehiveBy beehive.govt.nz
    23 hours ago
  • Resilient economy reflected in Crown accounts
    The Government’s financial accounts continue to reflect a resilient economy that has performed better than expected and puts the country in a strong position to respond to Omicron, Grant Robertson said. The Crown Accounts for the five months to the end of November were more favourable than forecast in the ...
    BeehiveBy beehive.govt.nz
    24 hours ago
  • Government announces three phase public health response to Omicron
    Reducing isolation period for cases and close contacts at Phase Two and Three to 10 and seven days Definition of close contact required to isolate changes to household or household like contacts at Phase Three Increased use of rapid antigen tests with test to return policy put in place for ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • New Ambassador to Thailand announced
    Foreign Affairs Minister Nanaia Mahuta today announced the appointment of Jonathan Kings as New Zealand’s next Ambassador to Thailand. “Aotearoa New Zealand has a long-standing relationship with Thailand, celebrating the 65th anniversary of diplomatic representation between our countries in 2021. We also share much in common at regional and multilateral levels ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government’s Family Package continues to deliver for New Zealanders
    The Families Package helped around 330,000 families in its first year - more than half of all families with children in NZ These families received an estimated $55 per week more from Families Package payments in 2018/19 than in 2017/18, on average Families Package increases to the maximum possible Accommodation ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • New Zealand retains top spot in global anti-corruption rankings
    Justice Minister Kris Faafoi has welcomed news of New Zealand’s ongoing position as top in the world anti-corruption rankings. The 2021 Corruption Perceptions Index released by global anti-corruption organisation, Transparency International, ranks New Zealand first equal with Denmark and Finland, with a score of 88 out of 100. “This is an ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Testing improvements see New Zealand well prepared for Omicron
    New Zealand’s PCR testing capacity can be increased by nearly 20,000 tests per day to deal with a surge in cases as part of our wider COVID-19 testing strategy, Associate Minister of Health Dr Ayesha Verrall said. “We have continued to adapt our public health response to safeguard the health ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • 5,000 portable air cleaners for schools on their way
    As schools are preparing to return, Education Minister Chris Hipkins has announced 5,000 air cleaners have been ordered for New Zealand schools. “As we know, along with vaccination, testing, good hygiene and physical distancing, good ventilation is important in minimising the risk of airborne transmission of the virus that causes ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New Zealand to move to Red from 11.59pm today
    All of New Zealand will move to the Red setting of the Covid Protection Framework (CPF) at 11:59pm today as Omicron is potentially now transmitting in the community, Prime Minister Jacinda Ardern says. “Nine COVID-19 cases reported yesterday in the Nelson/Marlborough region are now confirmed as Omicron, and a further ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Mandatory boosters for key workforces progressing well
    More than 5,785 (82%) border workers eligible for a booster vaccination at 6 months have received it so far, COVID-19 Response Minister Chris Hipkins says. “That’s a really strong uptake considering we announced the requirement the week before Christmas, but we need to continue this momentum,” Chris Hipkins said. “We ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • NZ to move to Red
    Nine COVID-19 cases reported yesterday in the Nelson/Marlborough region have now been confirmed as the Omicron variant, and a further case from the same household was confirmed late yesterday. These cases are in a single family that flew to Auckland on 13 January to attend a wedding and other events ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New Zealand to provide further help for Tonga
    Aotearoa New Zealand is giving an additional $2 million in humanitarian funding for Tonga as the country recovers from a volcanic eruption and tsunami last weekend, Foreign Affairs Minister Nanaia Mahuta and Defence Minister Peeni Henare said today. This brings Aotearoa New Zealand’s contribution to $3 million. “This support will ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Quarterly benefit numbers show highest number of exits into work
    The Government’s strong focus on supporting more people into work is reflected in benefit figures released today which show a year-on-year fall of around 21,300 people receiving a main benefit in the December 2021 quarter, Minister for Social Development and Employment Carmel Sepuloni said. “Our response to COVID has helped ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Northland to move to Orange, NZ prepared for Omicron 
    Northland to move to Orange Rest of New Zealand stays at Orange in preparedness for Omicron All of New Zealand to move into Red in the event of Omicron community outbreak – no use of lockdowns Govt planning well advanced – new case management, close contact definition and testing rules ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • RNZAF C-130 Hercules flight departs for Tonga as Navy vessels draw nearer to Tongatapu
    A Royal New Zealand Air Force C-130 Hercules has departed Base Auckland Whenuapai for Tonga carrying aid supplies, as the New Zealand aid effort ramps up, Foreign Affairs Minister Nanaia Mahuta and Defence Minister Peeni Henare said today. “The aircraft is carrying humanitarian aid and disaster relief supplies, including water ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Zealand prepared to send support to Tonga
    New Zealand is ready to assist Tonga in its recovery from Saturday night’s undersea eruption and tsunami, Foreign Affairs Minister Nanaia Mahuta and Defence Minister Peeni Henare said today. “Following the successful surveillance and reconnaissance flight of a New Zealand P-3K2 Orion on Monday, imagery and details have been sent ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Aotearoa New Zealand stands ready to assist people of Tonga
    The thoughts of New Zealanders are with the people of Tonga following yesterday’s undersea volcanic eruption and subsequent tsunami waves, Foreign Affairs Minister Nanaia Mahuta says. “Damage assessments are under way and New Zealand has formally offered to provide assistance to Tonga,” said Nanaia Mahuta. New Zealand has made an ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Record high of new homes consented continues
    In the year ended November 2021, 48,522 new homes were consented, up 26 per cent from the November 2020 year. In November 2021, 4,688 new dwellings were consented. Auckland’s new homes consented numbers rose 25 per cent in the last year. Annual figures for the last nine months show more ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Report trumpets scope for ice cream exports
    Latest research into our premium ice cream industry suggests exporters could find new buyers in valuable overseas markets as consumers increasingly look for tip top quality in food. Economic Development Minister Stuart Nash has released a new report for the Food and Beverage Information Project. The project is run by ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Honouring the legacy of legendary kaumātua Muriwai Ihakara
    Associate Minister for Arts, Culture, and Heritage Kiri Allan expressed her great sadness and deepest condolences at the passing of esteemed kaumātua, Muriwai Ihakara. “Muriwai’s passing is not only a loss for the wider creative sector but for all of Aotearoa New Zealand. The country has lost a much beloved ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Have your say on proposed changes to make drinking water safer
    Associate Minister for the Environment Kiri Allan is urging all New Zealanders to give feedback on proposed changes aimed at making drinking water safer. “The current regulations are not fit for purpose and don’t offer enough protection, particularly for those whose water comes from smaller supplies,” Kiri Allan said. “This ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Planting the seeds for rewarding careers
    A boost in funding for a number of Jobs for Nature initiatives across Canterbury will provide sustainable employment opportunities for more than 70 people, Conservation Minister Kiri Allan says. “The six projects are diverse, ranging from establishing coastline trapping in Kaikōura, to setting up a native plant nursery, restoration planting ...
    BeehiveBy beehive.govt.nz
    3 weeks ago