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5:30 pm, September 12th, 2024 - 5 comments
Categories: Daily review -
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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 …
From a reef to a point, from a shipwreck to a Chevalier, arise Sir Wayne.
A thousand doves fly.
https://www.rnz.co.nz/news/national/527833/new-auckland-harbour-bridge-helluva-lot-cheaper-than-tunnel-mayor-wayne-brown
Global tax on corporations and re-publishing of local MSM.
Money transfers, declared taxable profit – arrangements with local "partners" and buying exemption from legislation.
https://archive.li/FRda6#selection-3793.269-3856.1
Greed is good.
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Afterpay is promising not to hike its fees, as the Government deregulates the buy now, pay later (BNPL) sector.
Cabinet has agreed to remove some consumer protections from the Credit Contracts and Consumer Finance Act (CCCFA) to enable BNPL providers to set late or default fees at whatever levels they wish.
Commerce and Consumer Affairs Minister Andrew Bayly wanted to follow the Ministry of Business, Innovation and Employment’s (MBIE) advice, and put some protections in place to prevent BNPL providers from charging extortionate fees.
But Cabinet sided with Minister for Regulation and Act leader David Seymour, who called for BNPL fee rules to be scrapped altogether.
The tussle was the first example of advice from the powerful new Ministry for Regulation gazumping that of another agency.
https://www.nzherald.co.nz/business/buy-now-pay-later-fees-to-go-unregulated-thanks-to-david-seymours-new-ministry-for-regulation/N6MFJZXLZZCWHNHFH23GVI3DSY/
Enabling the capitalist class to extract more profit from the indebted precariat.
Presumably they will have no intention of using tax on any extra crisis lending profit to manage the impact of the stress impact to the poor. Thus placing public support systems in more crisis.
At least we know what the Ministry Seymour wanted does, reduce protection for the weak from capitalist exploitation.
There is no hiding that ACT is engaging in class war.
And
1.tobacco tax revenue (from Maori women) funding … for …
2.pokies revenues from poor areas funding middle class community
3.20% credit card fees to enable free monthy credit for the well to do
Not mourned by me.
https://www.stuff.co.nz/politics/350412571/former-minister-and-americas-cup-director-aussie-malcolm-dies
As transport minister in the second Muldoon administration, he was instrumental in killing off the "Skybus", which could have provided some serious competition for Air NZ's cosy little monopoly on internal flights. See https://en.wikipedia.org/wiki/Skybus_(Aqua_Avia)