paid up subscribers to the BAU cult 'if you keep doing the things you've always done you'll get the result you always get' or not learning from history, and a number of other sayings.
Following the US fed announcement he was asked incorrectly that the markets had responded with lifts on dovish tones.In response he delivered in two minutes (described as hawkish greatest hits) 3 bombshells to remove all doubt.
As analysis moves through markets the US$ appreciates (kiwi down 1.5%) as short end US bonds rise to 4.7%. (around what the NZ wholesale rates closed at after rising around 20 points) BOE statement to come,and inflation is now the only game in town as US polls suggest that the democrats have lost the suburbs.
Labour is pandering to the few,rather then the many,same as the US dems with inflationary policy rather then sound fiscal management,which is impacting the soccer mums in the leafy suburbs,and the jobs of the democrat politicians next week.
The Impact in the US,is the switch from growth stocks,to value stocks (those that are profitable ie have positive net earnings) The low interest rates and increased liquidity from QE meant too much money chasing too few assets,and the appreciation of sectors such as bitcoin,or tech stocks that have never made a profit.
I dont view it that way…I see it as far more systemic…the money men see the lack of opportunity/ growth (increased risk) and have pulled back into surety (or the closest thing)…what is fuelling the speculation in the crypto and equities is retail ignorance…the smart money is running for cover.
Ultimately it will make no difference (in aggregate)
Hi,I read through your feedback about my AI voice clone with both delight and horror — and am so appreciative to all of you who left comments.There was such a wide range of discussion that it sort of blew my mind, from accessibility and ethics, to the very real issue ...
New Zealand First’s $100 billion “Future Fund” has a carefully calculated political strategy behind it. It is an attempt to raid the Labour Party’s conservative right wing. New Zealand First knows that the coalition of voting groups that got it over the five per cent threshold last year is shaky. ...
A couple of thoughts about the giving of a speechLet’s say you are speaking to Tangata Whenua at a sensitive moment. Let’s say your government’s policies have worried and angered them.Let’s say that people with any sort of informed opinion have been saying that your policies stand to unravel much ...
A new poll shows there is strong public support for rail-enabled ferries, which MUNZ have said shows New Zealanders know what a huge mistake it was to cancel the order for new ferries. In other poll-related news, a 1News-Verian poll shows both major parties and their leaders losing support, and ...
Clearly, Israel is intent on de-populating Gaza for Israeli re-settlement, and is using military force as a form of state terrorism to depopulate swathes of southern Lebanon. To similar ends, it is also indiscriminately bombing Lebanese rural villages and civilian neighbourhoods in Beirut. Israel’s ultimate aim appears to be to ...
With new trailers for Thunderbolts and Captain America 4 out over the last couple of months there’s been a resurgence of “Bucky should have been Cap instead of Sam” opining, with one of the main reasons given being “Bucky was Cap first in the comics!” Sure, he was, it’s true ...
Is it getting better?Or do you feel the same?Will it make it easier on you now?You got someone to blameSongwriters: Paul David Hewson / Adam Clayton / Larry Mullen / Dave EvansIt's polling day from TVNZ. We don’t get many polls these days. Of course, they don’t mean a lot ...
Is it a surprise to learn that the government is happy to see some commercial fishing in a marine reserve?It is not. This is, after all, a government that is happily giving more latitude to the tobacco industry, the gun lobby and ute drivers to put us all in greater ...
On Calvary Street are trellisesWhere bright as blood the roses bloom,And gnomes like pagan fetishesHang their hats on an empty tombWhere two old souls go slowly mad,National Mum and Labour Dad.James K. BaxterBallad of Calvary Street1969JAMES K. BAXTER’S stereotypes, “National Mum” and “Labour Dad”, strike a discordant note in ...
In this episode of the “A view from Afar” podcast Selwyn Manning and I discuss Israel’s expansion of its war in Lebanon as part of a “six front” strategy that it thinks it can win, focusing on the decision-making process … Continue reading → ...
The closure of Karioi Pulp Mill ends generations of family employment, and Health NZ mandates staff to take three weeks’ leave over Christmas. In politics, the government plans to reform anti-money laundering laws, and a report suggests NZ can’t meet climate targets without international support. Meanwhile, protests disrupted Winston Peters’ ...
Correction: Total tax take is around $120B, total revenue is $167B. NZ Super costs $23B. How many successful CEOs can manager Christopher Luxon snark at after running a government airline with a near monopoly on the domestic market?After taking a crack at ANZ Boss Antonia Watson for her support of ...
You might have seen this video, which we received as part of a recent OIA request. It showcases the original light rail plans developed by Auckland Transport between 2014-2017. The video was apparently produced in early 2018 by Auckland Transport, just a few months before the project was ...
At the heart of New Zealand First lies a fundamental tension. And it is all about Winston Peters. He has led the party since its formation in 1993, and he confirmed yesterday that he will be standing again at the next election. He is one year older than Donald Trump, ...
A listing of 36 news and opinion articles we found interesting and shared on social media during the past week: Sun, October 6, 2024 thru Sat, October 12, 2024. Story of the week For the third week in a row our Story of the Week involves hurricanes, most recently Hurricane ...
Let me start with -Yes, I know National, ACT and NZ First are very well funded and supported by friendly platforms, promoters, and our wealthiest - pre and post-election.I also remember when David Seymour personally attacked journalist Benedict Collins, then 'suggested' he would "review" TVNZ and make them pay a ...
Every day, the deficit growsYou spend more than you ownPapa always said to me“Keep a close eye on your authority”You say that you careI was unawareYou say that you careI was unawareSong: Allen Stone.It used to be that when politicians wanted to avoid admitting they knew something, they’d say, “I ...
There is theory, and there is practice. There is the ideal world, and there is the real world.Come with me on a short illustrated tour. This train of thought began last Wednesday evening as I was walking down Queen St.In the great fever of Auckland's 1980s property boom, so very ...
Skeptical Science is partnering with Gigafact to produce fact briefs — bite-sized fact checks of trending claims. This fact brief was written by Sue Bin Park from the Gigafact team in collaboration with members from our team. You can submit claims you think need checking via the tipline. Is more CO2 ...
Good morning ! Weekend at last ! Here’s some quick updates for the field:1. Three Ministers chose 149 projects for the Fast-Track list. The government’s hand picked advisory team then failed to independently verify ANY information provided by applications. Nor did anyone consider any environmental impacts.Mountain Tui is a reader-supported ...
Take me somewhere newI've already been here once beforeSomewhere unbelievableBefore it starts to blow upTake me somewhere newI've already been here twice beforeLet's get out of hereI'm bored this place is gonna blow upSongwriters: Garret Lee / Jordan Miller / Kylie Miller / Eliza Enman Mcdaniel / Leandra EarlSubstack used ...
Hi,New Zealand auction site TradeMe is still giving conflicting reasons for why it removed the gorgeous painting of Prime Minister Chris Luxon. It took a few days, but Webworm’s story spread to RNZ and the Herald this week. I’ll keep you updated.Today is going to be a very self-involved Webworm ...
Some months ago, the Aurora Australis, the Southern Lights, made an appearance over Dunedin: https://phuulishfellow.wordpress.com/2024/05/12/seeing-the-aurora-australis/ I even went out to Tunnel Beach to see it. But tonight? Tonight I did not even have to leave my backyard. And not just that. Light pollution from a city notwithstanding, I could see ...
What might the public’s increasing demands for safety and security tell the economist?Criminology and economics are quite different disciplines. Someone from one discipline trespasses on the other with the greatest of caution, something which, I’m afraid, not all economists have. There is a foolish economics literature about the ‘optimal level ...
It is one of the most successful products of our German-language partner website klimafakten.de: a large-format infographic about typical disinformation strategies, not just in terms of climate. The poster has previously been available in eight languages, and now two more have been added. The new translations were produced with partners ...
1. Poor old New Zealand was exposed to all the world with its debt trousers around its ankles in a briefing yesterday by Nicola Willis. Just how huge is our debt?a. 42% of GDPb. 69% of GDPc. 94% of GDPd. 420% of GDP2. How does that compare to a proper ...
Back in August, National sabotaged human rights by appointing terf and genocide supporter Stephen Rainbow as Chief Human Rights Commissioner, and terf and white supremacist Melissa Derby as Race Relations Commissioner. The appointments seemed calculated to undermine public confidence in the Commission, and there were obvious questions about how they ...
The second phase of the inquest into the mosque shooting is currently ongoing, and it is right now examining how the terrorist was able to obtain his firearms license and the guns used to commit the attack. The answer is “Really, really easily”. The 10 year expiration period for firearms ...
Is anyone surprised about NZ’s finances? Yesterday Treasury released its latest financial report. The operating balance deficit was $1.8bn higher than forecast and essentially $3.4 billion worse compared to the prior year.Government revenues were up from solid wage growth in an inflationary environment - albeit business performance was weaker with ...
Uh uh, KātuareheYou ain't readyWe're not flying on the same planeUh, KātuareheYou ain't readyI see you trying it's a damn shame, uhSong by Anna CoddingtonThis morning, I was going to write about some of the stories from the week, but it was all a bit depressing. “The Trickle Down that ...
Government budget problems and public service cuts are putting pressure on communities, with frontline services and media integrity at risk. E tū is sounding the alarm over TVNZ’s cost-cutting; MUNZ challenges KiwiRail layoffs and Unions Wellington succeeded in stopping the sale of Wellington Airport. With this economic uncertainty, grassroots efforts ...
Kia ora and welcome to another weekly roundup of stories that caught our eye about cities and how they work. Feel free to share any links we might have missed, in the comments below. As always, this post is compiled by our largely volunteer team, and your support makes it ...
Open access notablesManifold increase in the spatial extent of heatwaves in the terrestrial Arctic, Rantanen et al., Communications Earth & Environment:It is widely acknowledged that the intensity, frequency and duration of heatwaves are increasing worldwide, including the Arctic. However, less attention has been paid to the land area affected ...
While we were away earlier this year, some men got into our house and took away the big slider door and windows that open onto our upstairs deck. I watched the whole thing happen on the other side of the world on our security camera. I had told the guy who ...
Vox Populi: It is worth noting that if Auckland’s public health services were forced to undergo cutbacks of the same severity as Dunedin’s, and if the city’s Mayor and its daily newspaper were able to call the same percentage of its citizens onto the streets, then the ensuing demonstrations would number ...
One of the risks of National's Muldoonist fast-track law is corruption. If Ministers can effectively approve projects by including them in the law for rubberstamping, then that creates some very obvious incentives for applicants seeking approval and Ministers seeking to line their or their party's pockets. And its a risk ...
“The Government accounts released today show that spending and debt continues to grow under the current Government, but there is no plan to deliver a better economy,” said NZCTU Te Kauae Kaimahi Economist Craig Renney. “Net Core Crown Debt increased by $20bn last year, with revenue from taxation also rising ...
The Reserve Bank announced yesterday a 0.5% cut to the OCR, which the CTU has called “a recognition of weakness” in a floundering economy. Joint health unions have released a letter sent to Health NZ regarding cuts to digital infrastructure, amidst the news coming out of the 450-page document dump ...
In May, Florida’s Governer Ron DeSantis, who called Florida the place where “woke goes to die”, signed in a law that scrubbed climate change from the state’s thinking.Gone was the concept of climate change - and addressing planet-warming pollution was no longer Florida’s concern. Instead, the state’s priorities would focus ...
I am caught in the change of a tropical rainstormOut there between green and blueAnd it’s telling me that you’re so hard to forgetI'm a traveller just passing throughAsian Paradise by Sharon O'Neill.Note: With the coalition's actions, it can be hard these days to tell if something is satirical or ...
Hello to all. Due to the need to travel to Australia to be with an unwell family member there will not be a Hoon today at 5pm and I will not be posting emails or podcasts until next week at the earliest.Ngā mihi nuiBernard ...
All-new 2023 census data has just been released, giving a great window into: how many New Zealanders there are, who we are, where we work (and how we get there), and who still has landline phones (31% of households!). But it’s also fun* to put things in a historical context. ...
This is a re-post from Yale Climate ConnectionsEmily Ogburn, right, hugs her friend Cody Klein after he brought her a meal on October 2, 2024, in Swannanoa, North Carolina. Ogburn's home was spared and she spent the morning of the storm helping and comforting neighbors who had found shelter on ...
Back in April, Teanau Tuiono's member's bill to undo a historic crime and restore citizenship to Samoans stripped of it by Muldoon unexpectedly passed its first reading and was sent to select committee. That committee has now reported back. But while the headline is that it has unanimously recommended that ...
How's this for an uncomfortable truth?The Nazis' industrial killing was new, and the Jewish case is different. But so is every case. And some things are all too similar....…European world expansion, accompanied as it was by shameless defence of extermination, created habits of thought and political precedents that made way ...
Welcome to the August/September 2024 Economic Bulletin. In our monthly feature we provide an analysis of the gender pay gap in New Zealand for 2024. The mean gender pay gap was 8.9%, which is down from 9.8% in 2023. This meant that, on average, women will be “working for free” ...
The scale of delays on our rail network were highlighted by the Herald last week and while it’s bad, it also highlights the huge opportunity for getting our rail network back up to speed. KiwiRail has promised to cut delays on Auckland trains, amid growing concerns about the readiness of ...
Kia ora. Long stories short, here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Wednesday, October 9:The Government has cut $6 million from subsidies for an Auckland social housing provider with three days notice, which will force it to leave houses empty ...
Once I could laugh with everyoneOnce I could see the good in meThe black and the white distinctivelyColouringHolding the world insideNow, all the world is grey to meNobody can seeYou gotta believe it!Songwriter: Brian MayMartyn Bradbury, aka Bomber, a workingman’s flat cap and a beard ripe for socialism. Love him ...
I know it may seem an odd and obvious thing to break a year's worth of radio silence over, but how come the British Conservative Party MPs (and to be fair, the Labour Labour Party, when they have their leadership shenanigans) get to use a different and better way electoral ...
HealthNZ yesterday “dropped” 454 pages of documents relating to its financial performance over the last 18 months. The documents confirm that it has a massive structural deficit, which, without savings, is expected to be $1.4 billion annually beyond the current financial year. But the papers also suggest that Health NZ ...
Hi,It’s been awhile since we’ve done an AMA on Webworm — so let’s do it. Over the next 48 hours, I’ll be milling around in the comments answering any questions you might have. Leave a commentI genuinely look forward to these things as I love the Webworm community so much ...
This is a re-post from the Climate BrinkMuch of my immediate family lives in Asheville and Black Mountain, NC. While everyone is thankfully safe, this disaster struck much closer to home for me than most. There is lots that needs to be done for disaster relief, and I’d encourage folks ...
The past couple of days, an online furore has blown up regarding commentator/scholar Corey Olsen and his claim that there is no Tolkienian canon. The sort of people who delight in getting outraged over such things have been piling onto Olsen, and often doing it in a matter that is ...
Perhaps when the archaeologists come picking their way through the ruins of a civilisation that was so fond of its fossil fuel comforts it wasn't prepared to give up any of them, they will find these two artefacts. Read more ...
Here in Aotearoa, our right-wing, ATLAS-network-backed government is rolling back climate policy and plotting to raise emissions to allow the fossil fuel industry a few more years of profit. And in Canada, their right-wing, ATLAS-network-backed opposition is campaigning on doing the same thing: Mass hunger and malnutrition. A looming ...
UPDATED:August 2024The New Zealand Council of Trade Unions Te Kauae Kaimahi (NZCTU) notes with extreme concern the ongoing genocide in Gaza, as well as the continued encroachment of illegal Israeli settlements in Palestinian territories. The NZCTU is extremely concerned that there is increasing risk of a broader regional ...
I’m just a bottom feederScum of the earthAnd I’m cursedWith the burden of empathyMy fellow humans matter to meBottom Feeder - Written, Performed and Recorded by Tane Cotton.Bottom Feeder or Fluffernutter, which one are you? Or, more to the point, which do you identify as? It’s not simply a measure ...
Corrections Minister Mark Mitchell says he anticipates an increase in people “coming into the Corrections system”. The Corrections Department has applied for fast tracking so it will be able to add more beds at Mt Eden Prison when needed. Photo: Getty ImagesKia ora. Long stories short, here’s my top six ...
Remember when a guy walked into a mosque and shot everyone inside? He killed 44 people. And he then drove to a second mosque and shot and killed 7 more. He was on his way to a third mosque in Ashburton when he was stopped and arrested by the New ...
This is a re-post from the Climate Brink by Andrew Dessler On Bluesky, it was pointed out that Asheville, NC was recently listed as a place to go to avoid the climate crisis. link Mother Nature sent a “letter to the editor” indicating that she didn’t agree: ...
On the weekend, Infrastructure Minister Chris Bishop admitted that not everyone will “like” his fast track wish-list, before adding: “We are a government that does not shy away from those tough decisions.” Hmm. IMO, there’s nothing “tough” about a government using its numbers in Parliament to bulldoze aside the public’s ...
First they came for Newshub, and I said nothing because I didn’t watch TV3. Then they came for One News, and I said nothing because I didn’t pay much attention to them either. Then they came for me, and there was no one left to speak out because all the ...
Something I especially like about you all, you loyal and much-appreciated readers of More Than A Feilding, is that you are so very widely experienced and knowledgeable. Not just saying that. You really are.So I'm mindful as I write today that at least one of you has been captain of an ...
The National Government has sneakily reneged on protecting the Hauraki Gulf, reducing the protected area of the marine park and inviting commercial fishing in the depleted seascape. ...
Labour welcomes the release of the Government’s response to the report into the North Island weather events but urges it to push forward with legislative change this term. ...
The Green Party echoes a call for banks to divest from entities linked to Israel’s illegal settlements in Palestine, and says Crown Financial Institutions should follow suit. ...
Te Whatu Ora’s finances have deteriorated under the National Government, turning a surplus into a deficit, and breaking promises made to New Zealanders to pay for it. ...
The Prime Minister’s decision to back his firearms minister on gun law changes despite multiple warnings shows his political judgement has failed him yet again. ...
Yesterday the government announced the list of 149 projects selected for fast-tracking across Aotearoa. Trans-Tasman Resources’ plan to mine the seabed off the coast of Taranaki was one of these projects. “We are disgusted but not surprised with the government’s decision to fast-track the decimation of our seabed,” said Te ...
At Labour’s insistence, Te Whatu Ora financial documents have been released by the Health Select Committee today showing more cuts are on the way for our health system. ...
Fresh questions have been raised about the conduct of the Firearms Minister after revelations she misled New Zealanders about her role in stopping gun reforms prior to the mosque shootings. ...
Education Minister Erica Stanford still can’t confirm when the Government will deliver the $2 billion worth school upgrades she cut earlier this year. ...
Labour acknowledges the hundreds of workers today losing their jobs as the Winstone Pulp mill closes and what it will mean for their families and community. ...
In Budget '24, the National Government put aside $216 million to pay for a tax cut which mainly benefitted one company: global tobacco giant Philip Morris. Instead of giving hundreds of millions to big tobacco, National could have spent the money sensibly, on New Zealand. ...
Te Whatu Ora’s financials from the last year show the Government has manufactured a financial crisis to justify making cuts that are already affecting patient care. ...
Over 41,000 Palestinian’s have been murdered by Israel in the last 12 months. At the same time, Israel have launched attacks against at least four other countries in the Middle East including Lebanon, Syria, Yemen, and Iran. “You cannot play the aggressor and the victim at the same time,” said ...
Associate health minister Casey Costello has made a fool of the Prime Minister, because the product she’s been fighting to get a tax cut for and he’s been backing her on is now illegal – and he doesn’t seem to know it. ...
The Finance and Expenditure Committee’s inquiry into climate adaptation is something that must be built on for an enduring framework to manage climate risk. ...
The Government is taking tertiary education down a worrying path with new reporting finding that fourteen of the country’s sixteen polytechnics couldn’t survive on their own,” Labour’s tertiary education spokesperson Dr Deborah Russell says. ...
Today the government announced a $30m cut to Te Ahu o Te Reo Māori- a programme that develops te reo Māori among our kaiako. “This announcement is just the latest in an onslaught of attacks on te iwi Māori,” said Te Pāti Māori Co-Leader Rawiri Waititi. ...
The Government has shown its true intentions for the public service and economy – it’s not to get more public servants back to the office, it’s more job losses. ...
The National Government is hiding the gaps in the health workforce from New Zealanders, by not producing a full workforce plan nearly a year into their tenure. ...
The Government’s work to boost export value has hit another milestone, with a new dairy Bill passing its first reading in Parliament today, Agriculture Minister Todd McClay announced. “The Dairy Industry Restructuring (Export Licences Allocation) Amendment Bill will modernise New Zealand’s dairy export quota system to grow export and farmgate ...
Legislation that will help protect New Zealanders from cybercrime has passed first reading in Parliament today, Justice Minister Paul Goldsmith says. “11% of New Zealanders were victims of fraud and cybercrime in 2023, causing significant financial harm and emotional distress. “The Budapest Convention, also known as the Council of Europe ...
Good evening Before discussing the ‘advancing of New Zealand and Asia relations’, we would like to congratulate the Asia New Zealand Foundation and acknowledge its significant contribution to New Zealand’s relationship with, and understanding of, Asia over the past 30 years. Can we also welcome Thitinan Pongsudhirak, one of ...
Kia ora koutou Greetings from Wellington. I am sorry I can’t be with you in person today, but I’m delighted that I can talk to you virtually. I’d like to begin by acknowledging your chair Bill Goodwin and members of your board. I’d also like to acknowledge the fitness of ...
Foreign Minister Winston Peters is travelling this week to Bangkok for talks with his Thai counterpart, and to Jakarta to attend the inauguration of Indonesia’s next President, Prabowo Subianto. “New Zealand is committed to our Comprehensive Partnership with Indonesia, and our shared ties as democracies in the Indo-Pacific region,” Mr ...
The one-stop-shop Fast-track Approvals Bill, and the 149 projects listed in the Bill, will help rebuild our struggling economy and kick-start economic growth across the country, Minister for Infrastructure Chris Bishop says. “Since 2022, New Zealand has battled anaemic levels of economic growth. If we want Kiwi kids to stop ...
Prime Minister Christopher Luxon today announced the appointment of Sir Brian Roche as the next Public Service Commissioner. “I am delighted to appoint Sir Brian to this crucial leadership position,” Mr Luxon says. “Sir Brian is a highly respected New Zealander who has held significant roles across the public and ...
Forestry Minister Todd McClay today announced the establishment of a Forestry Sector Reference Group to drive better outcomes from the Forestry Emissions Trading Scheme (ETS) Registry. “We are committed to working with the forestry sector to provide greater transparency and engagement on the forestry ETS registry as we work to ...
New Zealand’s fuel resilience is being strengthened to ensure people and goods keep moving and connected to the world in case of disruptions, Associate Energy Minister Shane Jones says. “Fuel security is a priority for the Coalition Government. We are acutely aware of how important engine fuels are to our ...
The Government will reform New Zealand’s Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) system to provide significant regulatory relief for businesses, Associate Justice Minister Nicole McKee says. “Cabinet has approved an AML/CFT reform work programme which will ensure streamlined, workable, and effective regulations for businesses, law enforcement, and ...
Significant reforms are underway in the building and construction portfolio to help enable more affordable homes and a stronger economy, Building and Construction Minister Chris Penk says. “If we want to grow the economy, lift incomes, create jobs and build more affordable, quality homes we need a construction sector that ...
Minister Responsible for the GCSB and Minister of Defence Judith Collins will travel to Singapore and Brussels for Singapore International Cyber Week and the North Atlantic Treaty Organization (NATO) Defence Ministers’ Meeting. New Zealand has been invited to attend the NATO meeting alongside representatives from the European Union and the ...
Toitū ngā pōito o te kupenga a Toitehuatahi! A Government commitment to restoring the health and mauri of the Hauraki Gulf/Tīkapa Moana will enhance the area for generations to come, Minister of Conservation Tama Potaka says. Cabinet recently agreed to pass the Hauraki Gulf/Tīkapa Moana Marine Protection Bill into law, ...
Associate Finance Minister David Seymour says the Government has committed to action on overseas investment, where the country’s policy settings are the worst in the developed world and holding back wage growth. “Cabinet has agreed to the principles for reforming our overseas investment law. At the core of these principles ...
The annual East Asia Summit (EAS) held in Laos this week underscored the critical role that the Association of Southeast Asian Nations (ASEAN) plays in ensuring a peaceful, stable and prosperous Indo-Pacific, Prime Minister Christopher Luxon says. "My first participation in an EAS has been a valuable opportunity to engage ...
Workplace Relations and Safety Minister Brooke van Velden says the feedback from the health and safety roadshow will help shape the future of health and safety in New Zealand and grow the economy. “New Zealand’s poorly performing health and safety system could be costing this country billions,” says Ms van ...
The Government has released the independent Advisory Group’s report on the 384 projects which applied to be listed in the Fast-track Approvals Bill, and further detail about the careful management of Ministers’ conflicts of interest, Infrastructure Minister Chris Bishop says. Independent Advisory Group Report The full report has now been ...
The Government Policy Statement (GPS) on electricity clearly sets out the Government’s role in delivering affordable and secure electricity at internationally competitive prices, Energy Minister Simeon Brown says.“New Zealand’s economic growth and prosperity relies on Kiwi households and businesses having access to affordable and secure electricity at internationally competitive prices. ...
The Government has broadly accepted the findings of the Royal Commission of Inquiry into Abuse in Care whilst continuing to consider and respond to its recommendations. “It is clear the Crown utterly failed thousands of brave New Zealanders. As a society and as the State we should have done better. ...
The brakes have been put on contractor and consultant spending and growth in the public service workforce, Finance Minister Nicola Willis says. “Workforce data released today shows spending on contractors and consultants fell by $274 million, or 13 per cent, across the public sector in the year to June 30. ...
The Crown accounts for the 2023/24 year underscore the need for the Government’s ongoing efforts to restore discipline to public spending, Finance Minister Nicola Willis says. The Financial Statements of the Government for the year ended 30 June 2024 were released today. They show net core Crown net debt at ...
Climate Change Minister Simon Watts will chair negotiations on carbon markets at this year’s United Nations Climate Change Conference (COP29) alongside Singapore’s Minister for Sustainability and Environment, Grace Fu. “Climate change is a global challenge, and it’s important for countries to be enabled to work together and support each other ...
A new confirmation of payments system in the banking sector will make it safer for Kiwis making bank transactions, Commerce and Consumer Affairs Minister Andrew Bayly says. “In my open letter to the banks in February, I outlined several of my expectations of the sector, including the introduction of a ...
Associate Health Minister with responsibility for Pharmac David Seymour is pleased to see Pharmac continue to increase availability of medicines for Kiwis with the Government’s largest ever investment in Pharmac. “Pharmac operates independently, but it must work within the budget constraints set by the Government,” says Mr Seymour. “When our ...
The Government has released its long-term vision to strengthen New Zealand’s disaster resilience and emergency management, Emergency Management and Recovery Minister Mark Mitchell announced today. “It’s clear from the North Island Severe Weather Events (NISWE) Inquiry, that our emergency management system was not fit-for-purpose,” Mr Mitchell says. “We’ve seen first-hand ...
Today’s cut in the Official Cash Rate (OCR) to 4.75 per cent is welcome news for families and businesses, Finance Minister Nicola Willis says. “Lower interest rates will provide much-needed relief for households and businesses, allowing families to keep more of their hard-earned money and increasing the opportunities for businesses ...
Sport & Recreation Minister Chris Bishop has asked Sport NZ to review and update its Guiding Principles for the Inclusion of Transgender People in Community Sport. “The Guiding Principles, published in 2022, were intended to be a helpful guide for sporting bodies grappling with a tricky issue. They are intended ...
The Coalition Government is restoring confidence to the rural sector by pausing the rollout of freshwater farm plans while changes are made to ensure the system is affordable and more practical for farmers and growers, Associate Environment Minister Andrew Hoggard and Agriculture Minister Todd McClay announced today. “Freshwater farm plans ...
The latest report from the Ministry for the Environment (MfE) and Stats NZ, Our air 2024, reveals that overall air quality in New Zealand is improving, Environment Minister Penny Simmonds and Statistics Minister Andrew Bayly say. “Air pollution levels have decreased in many parts of the country. New Zealand is ...
Climate Change Minister Simon Watts has announced the appointment of Stuart Horne as New Zealand’s Climate Change Ambassador. “I am pleased to welcome someone of Stuart’s calibre to this important role, given his expertise in foreign policy, trade, and economics, along with strong business connections,” Mr Watts says. “Stuart’s understanding ...
Health Minister Dr Shane Reti and Associate Health Minister Casey Costello have announced a pilot to increase childhood immunisations, by training the Whānau Āwhina Plunket workforce as vaccinators in locations where vaccine coverage is particularly low. The Government is investing up to $1 million for Health New Zealand to partner ...
The Government is looking at strengthening requirements for building professionals, including penalties, to ensure Kiwis have confidence in their biggest asset, Building and Construction Minister Chris Penk says “The Government is taking decisive action to make building easier and more affordable. If we want to tackle our chronic undersupply of houses ...
The Government is taking further action to tackle the unacceptable wait times facing people trying to sit their driver licence test by temporarily extending the amount of time people can drive on overseas licences from 12 months to 18 months, Transport Minister Simeon Brown says. “The previous government removed fees for ...
The Government has reaffirmed its commitment to ensuring New Zealand is a safe and secure place to do business with the launch of new cyber security resources, Small Business and Manufacturing Minister Andrew Bayly says. “Cyber security is crucial for businesses, but it’s often discounted for more immediate business concerns. ...
Investment in Apprenticeship Boost will prioritise critical industries and targeted occupations that are essential to addressing New Zealand’s skills shortages and rebuilding the economy, Tertiary Education and Skills Minister Penny Simmonds and Social Development and Employment Minister Louise Upston say. “By focusing Apprenticeship Boost on first-year apprentices in targeted occupations, ...
Health Minister Dr Shane Reti has announced a funding boost for Palmerston North ED to reduce wait times and improve patient safety and care, as well as new national standards for moving acute patients through hospitals. “Wait times in emergency departments have deteriorated over the past six years and Palmerston ...
Health Minister Dr Shane Reti has announced a funding boost for Palmerston North ED to reduce wait times and improve patient safety and care, as well as new national standards for moving acute patients through hospitals. “Wait times in emergency departments have deteriorated over the past six years and Palmerston ...
Mehemea he pai mō te tangata, mahia! If it’s good for the people, get on with it! A $35 million Government investment will enable the delivery of 100 affordable rental homes in partnership with Waikato-Tainui, Associate Minister of Housing Tama Potaka says. Investment for the partnership, signed and announced today ...
This week’s inaugural Ethnic Xchange Symposium will explore the role that ethnic communities and businesses can play in rebuilding New Zealand’s economy, Ethnic Communities Minister Melissa Lee says. “One of my top priorities as Minister is unlocking the economic potential of New Zealand’s ethnic businesses,” says Ms Lee. “Ethnic communities ...
Prime Minister Christopher Luxon and Deputy Prime Minister and Foreign Minister Winston Peters are renewing New Zealand’s calls for restraint and de-escalation, on the first anniversary of the 7 October terrorist attacks on Israel. “New Zealand was horrified by the monstrous actions of Hamas against Israel a year ago today,” Mr Luxon says. ...
A proposed law to protect the Hauraki Gulf/Tīkapa Moana is being amended to allow some commercial fishing in high protection areas, and people aren’t happy about it. The details so far are few, but here’s what we do know.On Sunday, traditionally a day for sleeping, praying and eating roast ...
With little support available and many issues to deal with, a growing number of 501 returnees are supporting each other to overcome deportation and advocate for change. Liam Rātana hears from some of them.Here I am, holding hands and praising God in a circle full of social workers, ex-gang ...
New Zealand was the last place Australian basketball forward Lou Brown expected to play. The winner of two Australian National Basketball League titles spent seven years in America and was settled back in Australia when a buzz around the Tauihi League piqued her interest. “I first heard about the Tauihi league ...
Analysis: Soon, users of some New Zealand government websites will be able to interact with GovGPT. This is a form of artificial intelligence often referred to as a conversational agent, which guides users to information, answers queries, and can even be multi-lingual. GovGPT will first be tested with users interested ...
Every day thousands of video games are made around the world but it took Wētā Workshop 25 years to make its first one, Tales of the Shire.The Lord of the Rings Game will be released in March after several years of development and investment.The Wellington company that led the way ...
Comment: We live in dynamic times, with shifts in government, population, climate, and the need to boost our economic productivity. This can all seem overwhelming, but there are aspects that we can control in all of this. So how can we navigate the complexities of our changing world and what ...
Jesse Mulligan, the Voice of God these past eight years when it comes to the Surrey Hotel writers residency award, will once again announce the winners on his Radio New Zealand Afternoons show, at 1.35pm.The grooviest residency award in New Zealand letters was established in 2016. Mulligan agreed to broadcast ...
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Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Hard on the heels of pledging a crackdown on excessive surcharges, the Albanese government has promised legislation to ban unfair trading practices. The government said this would include specific prohibitions on various “dodgy” practices. ...
Source: The Conversation (Au and NZ) – By Denis Muller, Senior Research Fellow, Centre for Advancing Journalism, The University of Melbourne George Negus, who has died at the age of 82, belonged to the nomenclatura of Australian television current affairs journalism. He first came to prominence as a member of ...
North Canterbury principals have responded to comments from Associate Education Minister David Seymour suggesting schools will no longer be allowed to hold teacher-only days during the school term. ...
Source: The Conversation (Au and NZ) – By Angel Zhong, Associate Professor of Finance, RMIT University Galdric PS/Shutterstock In a move that could reshape how Australians pay for everyday purchases, the federal government is preparing to ban businesses from slapping surcharges on debit card transactions. This plan, pending a ...
Source: The Conversation (Au and NZ) – By Anne Twomey, Professor Emerita in Constitutional Law, University of Sydney Tarong power stationStanwell Queensland Premier Steven Miles this week declared his party would hold a plebiscite on nuclear power if it returns to office at the forthcoming state election. The ...
Source: The Conversation (Au and NZ) – By Ben Green, Research Fellow, Centre for Social and Cultural Research, Griffith University Multinational concert promoter Live Nation Entertainment has come under fire, with an ABC Four Corners investigation saying its unprecedented market power is open to abuse. The report follows concerns ...
Nicola Willis' comments on Newstalk ZB this morning were totally over the top. While Wellington City Council might be a sea of red ink, with blood up the walls, backstabbing and skulduggery, this sort of polarised rhetoric is not called for ...
Source: The Conversation (Au and NZ) – By Timothy Welch, Senior Lecturer in Urban Planning, University of Auckland, Waipapa Taumata Rau New Zealand’s infrastructure woes are a constant political pain point. From ageing water systems to congested roads and assets increasingly threatened by climate change, the country faces mammoth upgrading ...
The sudden and deep cuts left many of those providing the services scrambling to make ends meet, resulting in job losses and the loss of critical support for many. ...
An increasingly manic diary of Hollywood Avondale’s 24-hour film marathon, as it celebrates its 25th anniversary. I would say that I am a very casual film fan. My Letterboxd aura is incredibly weak, I prefer to watch movies I’ve already seen and I’ve ruined a few dates by falling asleep ...
Source: The Conversation (Au and NZ) – By Graeme Smith, Associate professor, Australian National University The Capitol building in the Pacific island nation of Palau. Erika Bisbocci The United States isn’t the only country with a big election on November 5. Palau, a tourism-dependent microstate in the north Pacific, ...
Source: The Conversation (Au and NZ) – By Bartholomew Stanford, Lecturer in Political Science/Indigenous Politics (First Peoples), Griffith University Since the Voice to Parliament referendum last year, there has been a lack of leadership on Indigenous policy from the Australian government. With this absence, the states and territories now ...
The Auckland magazine held its first restaurant of the year event since 2022. At a church. With an open bar. Duncan Greive watched the show.‘Running a restaurant – sometimes it feels like you’re running a charity for rich people’Every so often a single comment can feel like it ...
Source: The Conversation (Au and NZ) – By Peter Draper, Professor, and Executive Director: Institute for International Trade, and Jean Monnet Chair of Trade and Environment, University of Adelaide YULIYAPHOTO/Shutterstock Finally, Australia’s rock lobster industry will be able to export to China again, following a deal struck on the ...
OK, there were a couple of winners if you looked really hard. In a perfect echo of the psychic state of the nation, last night’s eagerly awaited poll by Verian for 1News, coming precisely a year since the last election, delivered collectively to the political actors of New Zealand the ...
“Instead of using taxpayer dollars to improve the lives of Māori, the government is giving corporate handouts straight into the pockets of big business. Subsidising PB Tech with Kiwis’ hard-earned money is the equivalent of throwing taxpayer dollars ...
“We’ve all seen this movie before. When commissioners stepped into Tauranga, the city carried on sliding into ruin. Replacing elected leaders with unaccountable bureaucrats isn’t some magic solution.” ...
"Pretty Legal" ft. the National Party.
National caught stealing IP again. It shows they pay only lip service to property rights when it suits them. Artists and creators don’t count.
Chris Luxton apparently called Jong Kee to find out what to say. Turns out he's, "pretty relaxed about it".
https://www.newshub.co.nz/home/politics/2022/11/national-pulls-instagram-video-over-katy-perry-copyright-issues.html
Good grief!
Slow learners
or
paid up subscribers to the BAU cult 'if you keep doing the things you've always done you'll get the result you always get' or not learning from history, and a number of other sayings.
33 years ago.
https://twitter.com/BlackadderQtes/status/1325391602572005381
Following the US fed announcement he was asked incorrectly that the markets had responded with lifts on dovish tones.In response he delivered in two minutes (described as hawkish greatest hits) 3 bombshells to remove all doubt.
Good analysis here.
https://twitter.com/MacroAlf/status/1587909491961769986
As analysis moves through markets the US$ appreciates (kiwi down 1.5%) as short end US bonds rise to 4.7%. (around what the NZ wholesale rates closed at after rising around 20 points) BOE statement to come,and inflation is now the only game in town as US polls suggest that the democrats have lost the suburbs.
Austerity now enforced by Federal Reserve.
Little choice now for our RB in 2 weeks.
Consigns hundreds of millions to a wretched Christmas, and beyond.
This will likely do to Labour here what it is doing to the US Dems: kill them off.
Labour is pandering to the few,rather then the many,same as the US dems with inflationary policy rather then sound fiscal management,which is impacting the soccer mums in the leafy suburbs,and the jobs of the democrat politicians next week.
https://twitter.com/annmarie/status/1588121431811948545
The Impact in the US,is the switch from growth stocks,to value stocks (those that are profitable ie have positive net earnings) The low interest rates and increased liquidity from QE meant too much money chasing too few assets,and the appreciation of sectors such as bitcoin,or tech stocks that have never made a profit.
I dont view it that way…I see it as far more systemic…the money men see the lack of opportunity/ growth (increased risk) and have pulled back into surety (or the closest thing)…what is fuelling the speculation in the crypto and equities is retail ignorance…the smart money is running for cover.
Ultimately it will make no difference (in aggregate)