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Daily Review 05/07/2016

Written By: - Date published: 6:57 pm, July 5th, 2016 - 20 comments
Categories: Daily review - Tags:

Tony Blair sitting in the dock at the hague

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 …

20 comments on “Daily Review 05/07/2016 ”

  1. Paul 1

    Does this mean the government is a last going to do something?

    Target investors, PM tells Reserve Bank
    http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11669044

    House prices rise at fastest pace since 2004
    http://www.radionz.co.nz/national/programmes/checkpoint/audio/201807112/house-prices-rise-at-fastest-pace-since-2004

      • Editractor 1.1.1

        Not according to Fran O’Sullivan ( http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11669161 ):

        “Key again duck-shoved the issue, suggesting it was the Reserve Bank’s responsibility to “have a look at the question around investors”.”

        More:

        “What’s notable is his Government will not slap investors with an effective capital gains tax, preferring a “bright line” test which is easily avoided by holding a housing investment for more than two years; refuses to introduce specific taxes to punish land bankers; and will not introduce rules to preserve the acquisition of existing residential housing for citizens or curb migration.

        Key could pass special legislation to do this.

        The question is why won’t he.”

        • AB 1.1.1.1

          It has been delayed for so long now that when it is introduced CGT will have to be retrospective.

    • Draco T Bastard 1.2

      Does this mean the government is a last going to do something?

      Nope. National are all about propping up high prices to make rich people look richer and also preventing poor people from equalling or surpassing the rich.

      • AmaKiwi 1.2.1

        @ Draco

        National are even more about propping up the banks. When this bubble bursts, our banks will be drowning in non-performing real estate loans.

        In 2008-9, PM Gordon Brown did NOT give the UK banks taxpayer guaranteed loans, as Bush did. Instead the Crown got shares in the UK banks.

        Nationalize the banks, Yes. Bail them out, No!

  2. Greg 2

    Win Lotto retirement week, whoop whoop, theme song at work this morning.
    Management cant complain if I’m at work before them.

  3. b waghorn 3

    For sci fi lovers who like Ian M Banks culture novels try
    “The promise of a child” by Tom Toner.
    in the 147 th century things have changed but stayed the same.

  4. joe90 4

    For giggles – #TrumpFilms

    No country for brown men

    Full Metal Jackass

    Edward Tinyhands

    Million Dollar Cry Baby

    How to train your Grand Dragon

    The Klan And I

    etc

    etc

    https://twitter.com/hashtag/TrumpFilms?src=hash

  5. Paul 5

    Fran O’Sullivan: Why won’t Key act on housing?

    I reckon the Prime Minister is giving us baby boomers an even worse name by dismissing a proposal to reduce Auckland house prices by 40 per cent.

    It’s not surprising that well-respected economist Arthur Grimes has recommended building 150,000 new homes so that those who are not millionaires (which on paper includes a great many Aucklanders) can get into the Auckland market.

    There’s nothing magical about attempting to inject a pause – which is all that will occur until sufficient additional supply is added – to this speculative boom; 150,000 new houses don’t just “magic up” overnight.

    But for John Key to label Grimes’ proposals “just crazy” is a nonsense.

    ……….But it is a pretty crap society that pulls the ladder up on younger people or those less well off just because they want to preserve their new unearned wealth.

    http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11669161

    • Draco T Bastard 5.1

      But it is a pretty crap society that pulls the ladder up on younger people or those less well off just because they want to preserve their new unearned wealth.

      Yes it is, a very sick society in fact, but that’s the society that National wants and puts in place policies to bring about.

  6. Paul 6

    Dumb and dumber.
    The media.

    Seven Sharp reporter Tim Wilson admits addiction to TV3’s The Bachelor

    http://www.nzherald.co.nz/entertainment/news/article.cfm?c_id=1501119&objectid=11668901

  7. Agora 7

    Several days ago, we woke up to a new world. Britain had voted to leave the European Union. Some were pleased, many were deeply concerned. What is likely is that many will be affected. Some wonder if the EU will survive. It will take months if not years to fully understand the ramifications.

    http://www.huffingtonpost.com/john-a-powell/a-bridge-from-brexit_b_10707672.html

  8. Greg 8

    can THEStandArd have a meme competition,

  9. GregJ 10

    Eid Mubarak!

    https://en.wikipedia.org/wiki/Eid_al-Fitr

    As a NZer who has lived in the middle east for the last 5 years I have seen & experienced many different things and been witness to events both uplifting and tragic.

    Although Eid is a religious festival and holiday it is also a cultural and national event that has as much to do with families, friends & community as its religious origins. I am grateful to the many locals & other expatriates from the community here (Indians, Pakistanis, Bangladeshis, Indonesians & Malaysians) who have shared this time with me and shown me that although we may have come from different counties, cultures and backgrounds there are common experiences and connections which unite us as human beings.

    So not only to all Muslims but to people everywhere “May all the joys of life be showered upon you” and may peace and happiness find its way into a world that is so sorely lacking it.

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