Daily review 06/09/2023

Written By: - Date published: 5:30 pm, September 6th, 2023 - 8 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 …

8 comments on “Daily review 06/09/2023 ”

  1. adam 1

    So many corporate scum want our planet to burn and us with it.

    • SPC 1.1

      That's Canada's reputation trashed, all that prep looking over this area in Oz paying off.

      But do not expect a word about it on Rebel News – Canada to Oz alt-right, the distraction and sideshow media.

      • adam 1.1.1

        What is rebel news?

        And what are you actually saying?

        • SPC 1.1.1.1

          What is rebel news?

          Google search, if you care to find out.

          And what are you actually saying?

          Why should I repeat myself? It cannot be said more plainly.

          • adam 1.1.1.1.1

            What does my link have to do with rebel news? And why was it so hard for you to put a link?

            So thanks for wasting my time on rebel news, when you could have put a link to it or Ezra Levant. Instead I have to wade through your comment, with no idea what you saying or about who.

            Still not sure why you went on that tangent, when almost all corporate owned and run media in Canada is ignoring the issue.

  2. SPC 2

    What does ACT really really want?

    Back in 2016 David Seymour said what he really really wanted was the end of interest free tertiary loans. But now he says it is mean and unfair, if the public is informed about that. It's like it's now his deleted twitter burp (like ones of right wing think tanks about hockey sticks).

    https://www.stuff.co.nz/national/education/83170534/interestfree-student-loans-a-poor-use-of-6-billion-taxpayers-dollars-report

    He says he now really really wants productivity.

    Some (those people who look at tax and productivity as professionals rather than as politicians) say the reason why we have a low level of worker productivity is because our capital gets sucked into property speculation chasing untaxed CG. We are the only nation in the OECD without a CGT.

    So he has a plan of action about this? Well no. Quite the opposite, he wants the end of bright-line "test" (NACT will take it back to Key's 2 year version) and also greater rate of income return for landlords as well (quickly restoring the mortgage cost against rent income deduction). While he and Luxon say then landlords might hold rents down – experts say rents are a function of the market. The current system was designed to encourage landlord investment in new builds (on which mortgage cost deduction against rent income was allowed). The proposed NACT regime is designed to make things better for landlords bidding up the price of existing (by leveraging their current wealth for more loans from banks).

    This with increased migrant supply, will create a market shortage – and under their tenancy policy landlords would be more able to move people on and set the rent at the market price.

    So has anything positive to offer, say research and development ideas. Well no.

    Reducing tax revenue from landlords is apparently a better use of scarce resources. And encouraging banks to lend more to them to bid up the price of our existing property.

    I suppose it might help those selling up to work in a country with higher wages and better working conditions – coz they have a Fair Pay Agreement system.

  3. AB 3

    National: scrapping the clean car discount but funding more charging stations. Looks like a subsidy to the wealthy/very comfortable who will now be the only ones realistically considering a new or moderately used EV.

    It will certainly put a dampener on this family changing the lifelong habit of buying used petrol cars from reliable brands at about 60,000 km and running them to 200,000km plus.. (i.e. bangernomics). Trying bangernomics with EVs raises uncomfortable questions of battery longevity. If petrol price rises, we just drive less – ordinary people therefore cope with restricted mobility, the wealthy do not have to. Thanks National.

    • joe90 3.1

      I guess Lux is going to magic up capacity and distribution infrastructure, too.

      Z Energy has announced the roll out of over 1,000 smart EV chargers to homes and small businesses across New Zealand.

      […]

      Evnex facilitates one of the largest networks of charging infrastructure in New Zealand and is growing, with over 2,500 smart chargers across the country.

      https://www.petrolplaza.com/news/32129

The server will be getting hardware changes this evening starting at 10pm NZDT.
The site will be off line for some hours.