web analytics

Daily Review 03/11/2017

Written By: - Date published: 5:32 pm, November 3rd, 2017 - 55 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 …

55 comments on “Daily Review 03/11/2017 ”

  1. adam 1

    Really like Laura Flander as a journalist. 26 minute video talking about how to resist and what it looks like in a non-violent context. Might be a bit much for all you wets, so feel free to avoid.

  2. feijoa 2

    Icebreaker has been sold to an American Company

    Here was a company adding value to one of our primary industries.
    It seems when a company reaches a critical size or something else maybe, NZ cant seem to hang on to these middle size companies. they just get snapped up.
    I can think of others – Charlies juices, Silver fern farms, Barkers jams, all sorts of wine companies, etc
    Not sure what the answer is. I think alot of the owners are just happy to walk away with the big bucks$. All part of other people owning our future

    • Andre 2.1


      The next steps tend to be the IP gets shared overseas, so what manufacturing work was being done no longer has an advantage. Then the manufacturing gets shifted overseas following the IP for cheaper labour. If we’re lucky, some R&D and marketing and a few other functions like that keep going here, but it’s a husk of the former activity. But not always, sometimes everything that was here gets absorbed overseas.

    • Ad 2.2

      So sad!!!

    • greywarshark 2.3

      Agree. We need an investment fund that can buy a good percentage of individual NZ businesses and can raise enough money to buy them out when they are valuable like Icebreaker. Otherwise we are wasting our time trying to build up business in this country and have a large number of skilled workers in NZ owned industry. Instead we just create lollipops for overseas buyers, and we are the suckers.

      • eco maori 2.3.1

        Compulsory kiwi saver that’s the fund and its a shame that we are losing these iconic companies we need to protect these for our moko Ka pai

        • CoroDale

          Kiwisaver is just a lemon, gifted to us by the bots which run the NY stock market.

        • eco maori

          Yes yes I say Compulsory retirement saver because most of our youth dont plan for tomorrow let alone retirement. And some don’t have parents that plan for retirement. I say OUR coalition government plan for them. If we did not learn to plan for the future ie save and store food we would never be the people were are today and this will reduce our foreign debt Ka pai

      • CoroDale 2.3.2

        Why not buy that stuff with RBNZ QE and accidental support exports with a lower nzd. Upgrade the Cullen Fund to a 007 project.

        • greywarshark

          Go for it then. But I seem to remember that they didn’t want a closed loop with all the fund money going into NZ investment and they thought it better to not distort the market with this huge super fund.

      • BM 2.3.3

        Icebreaker founder Jeremy Moon said the deal was a once-in-a-lifetime opportunity to expand into new markets.

        “Our partnership with VF provides us with the largest platform in the world to tell our story, access new markets and reach new consumers at an accelerated pace.”


        How would having the NZ taxpayer buying this company out acheive the above?

    • weka 2.4

      Icebreaker have been an international company for a long time, despite Jeremy Moon’s attempt to brand it Made in NZ. I thought bugger too when I heard the news, but I think it’s a mirage that Icebreaker are anything other than Big Business.

      “Not sure what the answer is. I think alot of the owners are just happy to walk away with the big bucks$. All part of other people owning our future”

      Yes. I think some of it is greed, some of it just that some people want the power and the creative opportunities that come with that degree of money, but I also think that primarily it’s the business model within the structure of a growth economy. If the way to run a business is taught as growth, then that’s what people will do. I don’t know if that then traps those businesses into having to growing more and more and thus they are unsustainable.

      I once talked to a small/medium company in another part of the country who were selling baked goods. I wanted them to retail where I lived. They said no, they could sell everything they made locally and they were really happy with the size of business they were and the number of employees etc. They said that them not growing and selling to every corner of the market meant that other companies could start up and offer somewhat different products. So much respect for those people.

      Why at the size they were Icebreaker needed to get bigger I don’t know. The rationale given sounds like every other big business rationale.

      • Sam aka clump 2.4.1

        NZ minimum wage at $15.75 should be $20.20 = domestic sales volume

        • weka

          Can you please use whole sentences? I don’t know what you mean.

          • Sam aka clump

            There are too types of greed called the double dissolution of wants that every millionaire understands. You can look it up on google in your own time. Essentially one type of greed gathers resources for yourself, your family, and the community you live in. The other type of greed destroys the community.

            Working off that assumption you get a volatility formula essential to working out if the investment is worth the reward: (price) multiplied by (volume) = volatility.

            So if wages rise. Then sales rise. And every one moves about the economy. But if wages fall, then sales fall. And every one stalls.

            • weka

              How does that relate to my previous comment re Icebreaker and business models? Also, domestic sales volumes.

              • Sam aka clump

                Jeremy Moon got squeezed out of the market by stagnant wages. Raise it to the living wage seems to be Labour policy.

      • Molly 2.4.2

        “f the way to run a business is taught as growth, then that’s what people will do. I don’t know if that then traps those businesses into having to growing more and more and thus they are unsustainable.”
        There is a good book called Small Giants: Companies that choose to be great instead of big.

        It has case studies about businesses and businesses owners that resisted pressures to enlarge their businesses, instead focusing on improving sustainability or balancing their work/life ratio.

        I read it several years ago, and bought a second-hand copy, and it is well worth the read.

        Looks like there is a Small Giants business community now.

        We are an organization committed to the development of values-driven business leaders. We take entrepreneurs on a journey, supporting them each step of the way with the resources, events, mentorship and connections needed to take their business to the next level and bring their vision to reality.

    • Muttonbird 2.5

      The 3Bs mentality. NZ business people can’t see past the Boat, the Bach, and the BMW.

    • James 2.6

      Meh. It’s a private company – good on him.

    • Alan 2.7

      not bugger at all, well done to Jeremy Moon, he created it, he grew it and now he has a large wad of cash in his pocket, He also provided work and income for many people on the way.
      He will now most likely be thinking about how he can create something new and repeat the process.
      As we all should, that is how success works

      • mpledger 2.7.1

        That’s what success looks like through capitalist glasses.

      • Molly 2.7.2

        “As we all should, that is how success works”
        Using a specific definition of success. In other aspects it is not so successful, unless those within his company that helped build the business are also in a place of financial security and benefits.

      • He will now most likely be thinking about how he can create something new and repeat the process.

        No, he’ll be looking at that nice wad of cash and thinking how he can bludge more efficiently with it than actually running a productive business.

        That’s what the economy is designed to encourage and that’s what he’ll do.

        As we all should, that is how success works

        If we could all do that then nothing would ever get done because everyone would be looking to live off of the interest rather than producing anything.

    • Not sure what the answer is.

      Ban foreign ownership as it does damage to NZ.

    • tc 2.9

      Always thought that was inevitable once Fyfe joined. Ross would’ve done same at Moa if the numbers stacked up IMO.

      Once in a lifetime tax free capital gain is a hard one to turn down.

  3. CoroDale 3

    from Basic Income in NZ’s November Newsletter
    “As this 800th Anniversary is celebrated at Durham Cathedral on November 6 (UK time) we in NZ will gather to ‘raise a glass’ from 6.00 pm November 6 – this is the early morning of November 6 in the UK. Do join us or where ever you are with friends supporting Basic Income in NZ, raise a glass, take a photo and post on our Facebook page.”

  4. eco maori 4

    Horticulture New Zealand just put out a report on the Rock radio Thane and Duncan show that they are forecasting a shortage of fruit and vegetables because of climate change and housing being built on fertile land. This is the perfect opportunity to get some Marae and settlers hall to grow fruit and vegetables for the local markets in my view this is the way we have to grow.
    Not start importing food and clocking up the carbon to produce our food Ka pai

  5. weka 5

    omg, that photo.

    • Macro 5.1

      The video of the “event” is even more harrowing. The man can’t even hand out candy to kids without turning it into a rambling spiel being about him, and how wonderful he is. No wonder the kids were looking like they were.

    • mickysavage 5.2

      The narrative is perfect. Peak perfection …

  6. JC 6

    • McFlock 7.1

      The thought occurs that maybe every year we should grant one or two Aussie federal politicians NZ citizenship, fixed term for a year and unable to be renounced.

      Dutton and Hanson should do it for this year…

Recent Comments

Recent Posts

  • Tokelau Language Week reminds us to stay united and strong
    Staying strong in the face of challenges and being true to our heritage and languages are key to preserving our cultural identity and wellbeing, is the focus of the 2020 Tokelau Language Week. Minister for Pacific Peoples, Aupito William Sio, says this year’s theme, ‘Apoapo tau foe, i nā tāfea ...
    BeehiveBy beehive.govt.nz
    9 hours ago
  • NZ announces a third P-3 deployment in support of UN sanctions
    The Government has deployed a Royal New Zealand Air Force P-3K2 Orion (P-3) maritime patrol aircraft to support the implementation of United Nations Security Council (UNSC) resolutions imposing sanctions against North Korea, announced Minister of Foreign Affairs Winston Peters and Minister of Defence Ron Mark. “New Zealand has long supported ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Pacific trade and development agreement a reality
    Pacific regional trade and development agreement PACER Plus will enter into force in 60 days now that the required eight countries have ratified it. Trade and Export Growth Minister David Parker welcomed the announcement that the Cook Islands is the eighth nation to ratify this landmark agreement. “The agreement represents ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Securing a pipeline of teachers
    The Government is changing its approach to teacher recruitment as COVID-19 travel restrictions continue, by boosting a range of initiatives to get more Kiwis into teaching. “When we came into Government, we were faced with a teacher supply crisis,” Education Minister Chris Hipkins said. “Over the past three years, we ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Border exceptions for a small number of international students with visas
    The Government has established a new category that will allow 250 international PhD and postgraduate students to enter New Zealand and continue their studies, in the latest set of border exceptions. “The health, safety and wellbeing of people in New Zealand remains the Government’s top priority. Tight border restrictions remain ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • First COVID-19 vaccine purchase agreement signed
    The Government has signed an agreement to purchase 1.5 million COVID-19 vaccines – enough for 750,000 people – from Pfizer and BioNTech, subject to the vaccine successfully completing all clinical trials and passing regulatory approvals in New Zealand, say Research, Science and Innovation Minister Megan Woods and Health Minister Chris Hipkins. ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • International statement – End-to-end encryption and public safety
    We, the undersigned, support strong encryption, which plays a crucial role in protecting personal data, privacy, intellectual property, trade secrets and cyber security.  It also serves a vital purpose in repressive states to protect journalists, human rights defenders and other vulnerable people, as stated in the 2017 resolution of the ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Ministry of Defence Biodefence Assessment released
    The Ministry of Defence has today released a Defence Assessment examining Defence’s role across the spectrum of biological hazards and threats facing New Zealand. Biodefence: Preparing for a New Era of Biological Hazards and Threats looks at how the NZDF supports other agencies’ biodefence activities, and considers the context of ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • New Approaches to Economic Challenges: Confronting Planetary Emergencies: OECD 9 October 2020
    New Approaches to Economic Challenges: Confronting Planetary Emergencies: OECD 9 October 2020 Hon David Parker’s response following Thomas Piketty and Esther Duflo. Good morning, good afternoon, and good evening, wherever in the world you might be. I first acknowledge the excellent thought provoking speeches of Thomas Piketty and Esther ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Kaipara Moana restoration takes next step
    A Memorandum of Understanding has been signed today at Waihāua Marae between the Crown, local iwi and councils to protect, restore and enhance the mauri of Kaipara Moana in Northland. Environment Minister David Parker signed the document on behalf of the Crown along with representatives from Ngā Maunga Whakahī, Ngāti ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • New Zealand and Uruguay unite on reducing livestock production emissions
    Agriculture Minister Damien O’Connor and Uruguayan Minister of Livestock, Agriculture and Fisheries Carlos María Uriarte have welcomed the launch of a three-year project that will underpin sustainable livestock production in Uruguay, Argentina, and Costa Rica.  The project called ‘Innovation for pasture management’ is led by Uruguay’s National Institute of Agricultural ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • 3100 jobs created through marae upgrades
    Hundreds of marae throughout the country will be upgraded through investments from the Provincial Growth Fund’s refocused post COVID-19 funding to create jobs and put money into the pockets of local tradespeople and businesses, Regional Economic Development Minister Shane Jones and Māori Development Minister Nanaia Mahuta have announced. “A total ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Health volunteers recognised in annual awards
    Health Minister Chris Hipkins has announced 9 teams and 14 individuals are the recipients of this year’s Minister of Health Volunteer Awards.  “The health volunteer awards celebrate and recognise the thousands of dedicated health sector volunteers who give many hours of their time to help other New Zealanders,” Mr Hipkins ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Community COVID-19 Fund supports Pacific recovery
    The Minister for Pacific Peoples, Aupito William Sio says a total of 264 groups and individuals have successfully applied for the Pacific Aotearoa Community COVID-19 Recovery Fund, that will support Pacific communities drive their own COVID-19 recovery strategies, initiatives, and actions. “I am keen to see this Fund support Pacific ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Community benefits from Māori apprenticeships
    Up to 50 Māori apprentices in Wellington will receive paid training to build houses for their local communities, thanks to a $2.75 million investment from the Māori Trades and Training Fund, announced Employment Minister Willie Jackson today. “This funding will enable Ngāti Toa Rangatira Incorporated to provide its Ngā Kaimahi ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Training fund supports Māori jobseekers
    Rapidly growing sectors will benefit from a $990,000 Māori Trades and Training Fund investment which will see Wellington jobseekers supported into work, announced Employment Minister Willie Jackson today. “This funding will enable Sapphire Consultants Ltd. to help up to 45 Māori jobseekers into paid training initiatives over two years through ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Ruakura Inland Port development vital infrastructure for Waikato
    The Government is investing $40 million to develop an inland port at Ruakura which will become a freight super-hub and a future business, research and residential development for the Waikato, Urban Development and Transport Minister Phil Twyford, and Māori Development Minister Nanaia Mahuta announced today. The funding has been has ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Appointments made to Defence Expert Review Group
    Defence Minister Ron Mark announced today the establishment of an Expert Review Group to review a number of aspects of the New Zealand Defence Force’s (NZDF) structure, information management and record-keeping processes.  The Expert Review Group’s work arises out of the first recommendation from the Report of the Government’s Inquiry ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • No active community cases of COVID-19
    There are no active community cases of COVID-19 remaining in the country after the last people from the recent outbreak have recovered from the virus, Health Minister Chris Hipkins said today. “This is a big milestone. New Zealanders have once again through their collective actions squashed the virus. The systems ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Clean energy upgrade for more public buildings
    More public buildings will be supported by the Government to upgrade to run on clean energy, the Minister for Climate Change James Shaw announced today. Minister Shaw announced that Lincoln and Auckland universities will receive support through the Clean-Powered Public Service Fund to replace fossil fuel boilers. Southern, Taranaki, and ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Schools back donations scheme for the second year
    More schools have opted in to the donations scheme for 2021, compared to 2020 when the scheme was introduced. “The families of more than 447,000 students will be better off next year, with 94% of eligible schools and kura opting into the scheme,” Education Minister Chris Hipkins said. “This is ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Ruapehu cycle trails gets PGF boost
    The spectacular Mountains to Sea cycle trail in Ruapehu District will receive $4.6 million in funding from the Provincial Growth Fund for two additional trails, Regional Economic Development Minister Shane Jones announced today. “This is an exciting development for the local community, and one that will provide significant economic opportunities ...
    BeehiveBy beehive.govt.nz
    3 weeks ago