web analytics

Daily review 24/11/2020

Written By: - Date published: 5:30 pm, November 24th, 2020 - 22 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 …

22 comments on “Daily review 24/11/2020 ”

  1. Phillip ure 1

    Re the housing-bubble ..all talk of it being a bubble..that must eventually burst…seems to have ceased….do the silent ones think it will just keep getting bigger and bigger..?…to a 2 million average..?..to a three million average..?…I don't think so..eh..?..so that means the bubble will burst..it's just a matter of when..all it will take is for interest rates to move up a bit…and a lot of people will be down the gurgler,..and it will roll on..in fact given the uncertainties of these times..climate change just around the corner being just one destabilising influence..signing up to a 40 year financial commitment would seem to be almost hysterical optimism…good luck with that..!

    • Duncan 1.1

      I saw one ray of hope today.

      https://www.stuff.co.nz/business/123475071/freight-congestion-pushing-up-prices-and-costing-companies

      If freight restrictions do push up the price of imported goods, maybe inflation goes up and interest rates go up and the speculators feel a little burn.

      I have no doubt the government will just remove those inflating items from the CPI so nothing to see here.

      • Pat 1.1.1

        seen the dollar lately?

        • Duncan 1.1.1.1

          I presume you mean NZD:USD, and yes I have.
          The dollar means nothing to me. Or anyone for that matter.
          And yes it is rising and so import prices may be cheaper, but you are missing the point that a drop in supply of imported goods is going to drive up the price of those goods in NZ.
          What point are you trying to make?
          Inflation in NZ is not measured in USD.

          • Pat 1.1.1.1.1

            deflation is imported just as easily as inflation…those goods and freight are paid for in USD

            • Duncan 1.1.1.1.1.1

              Pat if imported goods cannot make it to NZ because of freight issues, then those items will be in short supply, and so the price of those goods in NZ rises.

              And the CPI has been manipulated to increase the weighting of those cheap imported goods.

              The fact the NZD to USD has risen from 67 to 70 makes no difference if there is a shortage of imported goods that makes the price rise 50%.

    • Jester 1.2

      My parents remember when milk was 4c a pint 600ml (and came in glass bottles) . Milk will never be that cheap again.

      They also bought a house in Auckland for around $50,000, they will never buy another house for $50,000.

  2. joe90 2

    heh

  3. Tiger Mountain 3

    “Robbo” surely takes out the “Rubber Spine” award for the rest of the year at least. He has written a polite letter (not undermining the RB’s independence you see) to the Reserve Bank Governor asking him to tame the housing market a tad, to be added to the bank’s targets…if it is not too much trouble.

    Maaayte…you might want to check out some video from the weekend of 17 Oct…there was this election see, and the NZ Labour Party is the unencumbered Government of New Zealand for three years. So please, preferably tomorrow, do a bit of BLOODY GOVERNING.

    • Duncan 3.1

      Thanks Tiger for starting the conversation.

      https://www.stuff.co.nz/national/politics/300166767/why-grant-robertsons-letter-to-adrian-orr-is-a-big-deal-and-what-happens-next

      This sums up exactly why the government doesn't give a shit about house prices. If they did, they would already have done something. And now they are pretending to do something by starting a "discussion".

      How convenient. And by the time that discussion is finished, house prices up another 20%.

      All governments since the 1990s have been complicit in escalating house prices.

      Jim Bolger and Jenny Shipley removed housing costs from the CPI in the 1990s which meant housing no longer appeared in the CPI to any meaningful degree and that meant there was no government responsibility, or RBNZ responsibility, for controlling a ponzi scheme.

      The government claims the RBNZ is independent, yet the government controls the make up of the CPI which sets interest rates which sets house prices (among other things, but that is the no. 1 factor). When the price of meat goes up, people stop buying it, and it is removed from the CPI. A global glut of olives, hey let's put those in the CPI. Latest iPhone down in price due to further exploitation, that goes in.

      It is BS to say the government doesn't have influence over the RBNZ as they control what makes up the basket of goods in the CPI.

      So house prices spiral out of control with increased immigration, urban limits and RMA restrictions.

      And the government and RBNZ have no accountability.

      So, when today, I read that inflation might rise, not because of the increased demand for iPhones, but the fact they cannot freight those things here, I saw some light at the end of the tunnel.

      https://www.stuff.co.nz/business/123475071/freight-congestion-pushing-up-prices-and-costing-companies

      The RBNZ may be forced to increase interest rates to counter inflation caused by all the BS that has been lumped into the CPI to keep it artificially low, and so the property market retracts faster than we have ever seen before.

      With the added benefit that our NZ produce, which should be the mainstay of the CPI, but has been excluded due to unaffordability, suddenly becomes the go to food source.

      I will be watching as the basket of goods is suddenly changed to exclude all those iPhones, and suddenly includes those other staples of life like strawberries, which growers cannot get rid of, if they can even pick them.

      Neoliberal economics is a disaster. We must get rid of it.

      • xanthe 3.1.1

        "So house prices spiral out of control with increased immigration, urban limits and RMA restrictions."

        ahhhh you forgot the one thing thats actually causing house prices to rise … private generation of capital for profit ie the banks

      • greywarshark 3.1.2

        Neoliberal economics is a disaster. We must get rid of it.

        Your ideas on this? Anybody? Without blood running in the streets or perhaps the prisons full of people on three days remand holding followed by home detention.

        • roblogic 3.1.2.1

          Neoliberalism is tied to the Establishment now so it’s gonna take a lot of effort to shift the Overton window leftward. More democracy is the cure for rampant out of control predatory capitalism. And by democracy I mean massive state support of all the tattered remnants of the welfare state, health, education, mass media, and all the things we take for granted in a civil society. Because when people aren’t desperately poor and scrapping each other for the basics like food and shelter, they will feel secure enough to show actual kindness to one another (as opposed to the empty govt slogan)

    • Sabine 4.1

      Some of us raised these issues before the election, were maybe a bit of pressure on the Labour "do nothing much" Party might have had some impact, but it at the time people were to afraid of the National 'Fucked up beyond believe" Party and their female leader who could/would not get elected Dog catcher anywhere in the country but Papakura.

      Now, its after this election, and these poor unfortunate women – young and old – here in NZ that have poverty and homelessness to look forward too, are simply shit outta luck.

      go vote Labour they said,

      they will fix it they said,

      the party of Mickey Savage, they said.

      And then they elected a Quota woman cause their menfolk were unpalatable, but the men still reign, the women just communicates.

      Vote Labour, get fucked the same way as if one voted for National.

      Happy to not have voted Labour.

  4. KSaysHi 5

    Shocking. Gassing prisoners with pepper spray while they are locked in their cells so they won't resist. Forcing prisoners to show used period products before they are given more.

    Yes, it's NZ.

    https://www.stuff.co.nz/national/300166013/gassed-in-their-cells-begging-for-food-at-auckland-womens-prison

    • Phillip ure 5.1

      Rnz reporting kelvin davis saying physical force etc against prisoners 'is lawful'….

    • Nic181 5.2

      Prisoners who refuse instructions get a warning; “this is your last opportunity to move peacefully or force will be used against you. Including the use of pepper spray.”Corrections staff are workers doing a very difficult job. They have a right to go home without injury. In situations which may become violent they are required, by law, to wear personal protection equipment. If a prisoner sees a team of geared up staff and ignores a clear warning, who is responsible? All efforts are made to resolve an issue before it come to this! I’m retired now but I’ve been there. Never in a women’s prison, though the same processes operate.

      • greywarshark 5.2.1

        I remember that ECT (electroconvulsive therapy) used to be used to control non-compliant out-of-control people down to suicidal and also merely stubborn and 'naughty' people. It went on for ages. Then got stopped, perhaps by tranquiliser pills.

        Perhaps there is something in the air in these institutions that causes harsh behaviour on both sides. Perhaps in most cases it could be shorted out by trying a different sort of shock treatment, something unusual, kind and soft to break down the fury and desperation. Without the officer putting her or himself in danger of course.

        Lately prison officers have said that the conditions in the prison are more than they can bear, and that their fellow staff are the worst. Going private does not mean getting better, it just means that torture can happen at the end of Pinocchio's nose, grown longer for more effectiveness in hiding government ineptitude, lack of commitment and lies.

Recent Comments

Recent Posts

  • Arts and heritage venues get helping hand
    A new round of funding to support capital projects will help keep our arts and heritage sector alive and vibrant, Associate Minister for Arts, Culture and Heritage Kiri Allan announced today.  “Communities work hard to raise funds for arts, culture and heritage related capital projects as they add significant value ...
    BeehiveBy beehive.govt.nz
    4 hours ago
  • Foreign Ministers welcome opening of New Zealand High Commission in Colombo
    New Zealand and Sri Lanka’s Foreign Ministers, Nanaia Mahuta and Dinesh Gunawardena, have welcomed the opening of the New Zealand High Commission in Colombo next week. The Foreign Ministers, who met virtually yesterday, spoke about the opening of the High Commission as a major milestone in the bilateral relationship. Both ...
    BeehiveBy beehive.govt.nz
    4 hours ago
  • New Zealand to increase NZDF commitment to the United Nations Command, Republic of Korea
      The New Zealand Defence Force (NZDF) will deploy three additional personnel to the Republic of Korea, increasing the size of its contribution to the United Nations Command and its Military Armistice Commission from nine to 12 personnel. “Increasing the size of our deployment to the Republic of Korea ...
    BeehiveBy beehive.govt.nz
    7 hours ago
  • Wages up, unemployment down
    The Government’s efforts to secure the recovery has seen more Kiwis in jobs and higher wages, with unemployment falling to pre-COVID levels and more people in work. Stats NZ figures show unemployment rate fell to 4 percent in the June quarter from 4.6 percent in the March quarter, the lowest ...
    BeehiveBy beehive.govt.nz
    8 hours ago
  • Poroporoaki: Dr Kihi Ngatai OSM
    Mauao tiketike tūmokemoke mai ana ra koe, papakitia ana e ngā tai kawenga roimata o te motu. E Ngāti Ranginui, mo tō manuhuia kua tīkapea i te rangi. E Ngai Te Rangi, mo tō manutaki kua riro i te hau o Aitū kikini, E Ngāti Pukenga mo tō manutaiko, kua ...
    BeehiveBy beehive.govt.nz
    9 hours ago
  • Government support screen industry with funding for sound stages in West Auckland
    Auckland Film Studios in West Auckland has received funding for a major expansion through the Government’s Infrastructure Reference Group’s (IRG) COVID-19 Response Fund. The Government is investing $30 million of a total $35 million project to construct two 2,000sqm sound stages and development of further workshops and offices, to expand ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Protecting unique land for generation next
    The Government is boosting legal protection for critically important natural habitats on private land, Minister of Conservation Kiri Allan says. “An $8 million investment over four years will see Queen Elizabeth II National Trust Ngā Kairauhī Papa (QEII) work with government agencies, councils and others to provide legal protection of ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • New Zealand’s support for Fiji’s COVID-19 response continues with vaccine delivery, operational ...
    Foreign Minister Nanaia Mahuta has announced further support for Fiji, including funding support for nursing staff and 100,000 doses of vaccines due to arrive in country today. “Our thoughts remain with Fiji during this incredibly challenging period,” Nanaia Mahuta said. “New Zealand has funded 100,000 doses of the AstraZeneca vaccine ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Poroporoaki: Dr Hōhepa (Joe) Mason
    Ko koe tēnā e te hurumanu e Hōhepa, te tōwenetanga a te iti, te māpihi herenga mahara o te tini, ka tauawhi tonuhia koe e to iwi ki te uma pupuri ai. Me pēhea he kupu kia koutou kua puta i nga ākinga a nga tau kua hori, kua waia ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Finance Minister and RBNZ Governor agree to update MOU on macro-prudential policy
    Finance Minister Grant Robertson and Reserve Bank Governor Adrian Orr have updated the Memorandum of Understanding (MoU) on macro-prudential policy to further protect the financial system and support the Government’s housing objectives. “This change will ensure that the Reserve Bank has the flexibility to respond to emerging financial stability risks ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Government commits further assistance for drought and flood-affected rural communities
    Farmers and growers affected by this year’s drought or floods in Marlborough, Tasman, West Coat, Canterbury, Otago and the Chatham Islands will have access to Rural Assistance Payments (RAPs) from today, Social Development and Employment Minister Carmel Sepuloni has announced. “The Government is committed to easing the financial pressures on ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Cook Islands youth lead Language Week
    The Cook Islands Language Week theme for 2021 highlights the vital role language plays in maintaining young people’s links to their Pacific home, said Minister for Pacific Peoples Aupito William Sio.  “The Epetoma o te reo Māori Kūki ‘Āirani – Cook Islands Language Week – theme is ‘Ātuitui’ia au ki ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government offers formal apology for Dawn Raids
    A formal and unreserved apology for the Dawn Raids The Government will offer education scholarships as part of the apology Manaaki New Zealand Short Term Scholarship Training courses Support Pacific artists and historians to develop a comprehensive written and oral account of the Dawn Raids Prime Minister Jacinda Ardern has ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Speech to Dawn Raids Apology
    Tēnā koutou katoa, Kia orana kotou katoatoa, Fakaalofa lahi atu ki mutolu oti, Tālofa nī, Mālō nī koutou, Ni sa bula vinaka, Fakatalofa atu, Noa'ia 'e mauri, Kam na mauri, Malo e lelei, Sioto'ofa, Mālō lava le lagi e mamā ma le soifua maua, Oue tulou, tulou atu, tulouna lava ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Bridging the gap – last piece of Northcote Safe Cycle Route now complete
    The opening of two bridges over Auckland’s Northern Motorway is the last link of a cycling and walking route which provides a safe, active alternative for students and commuters, Transport Minister Michael Wood said today. Michael Wood cut the ribbon for the completion of the Northcote Safe Cycle Route, at ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Progress in establishment of Aged Care Commissioner
    Recruitment for an Aged Care Commissioner will start next month, to ensure greater oversight of New Zealand’s aged care sector. “This sector is responsible for supporting a large and often vulnerable population. While most people are able to access quality care, there have been cases where that care has fallen ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New record number of homes consented
    In the year ended June 2021, the actual number of new dwellings consented was 44,299, up 18 percent from the June 2020 year. In June 2021, the seasonally adjusted number of new dwellings consented rose 3.8 percent. In June 2021, 4,310 new dwellings were consented, an increase of 3.8 per ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Communities backed to tackle wilding pines
    Twelve community projects across New Zealand will receive a share of $2 million to carry out wilding pine control, Biosecurity Minister Damien O’Connor announced as part of Biosecurity Week. “Wilding pines are a serious problem that threaten many of the unique landscapes that New Zealanders value. Community groups and trusts ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Health Minister Andrew Little responding to the New Zealand Nurses Organisation's rejection of ...
    I was advised last night that the result of the ballot of Tōpūtanga Tapuhi Kaitiaki o Aotearoa New Zealand Nurses Organisation members have rejected the latest proposal to settle their collective agreement. Let me be clear: the proposal was one they put to the Government. The Nurses Organisation rejected their ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Conversion Practices Prohibition Legislation introduced to Parliament
    Legislation has been introduced to Parliament to protect against practices intended to change or suppress someone’s sexual orientation, gender identity, or gender expression. Introducing the Conversion Practices Prohibition Legislation Bill, Minister of Justice, Kris Faafoi, said the measures proposed were aimed at ending conversion practices which don’t work, are widely ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New kaupapa Māori mental health and addiction services to support people in central North Island
    New mental health and addiction services rolling out across the central North Island will improve outcomes and equity for Māori, Associate Minister of Health (Māori Health) Peeni Henare says. Today the Minister met with providers of the new kaupapa Māori primary mental health and addiction service, Poutama Ora, which will ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New school site for booming West Auckland
    The Government will build on a new school site in West Auckland to cope with rapid population growth in the area, Education Minister Chris Hipkins says. The Ministry is working with existing local schools to determine how the 1.5-hectare site at 279 Hobsonville Point Road will be used to support ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Trans-Tasman travel window to close at midnight tomorrow
    A further 500 MIQ rooms released for managed returnees from NSW Further Government actions announced today are balanced to provide more certainty for Kiwis wanting to return from Australia, while continuing to protect New Zealand from COVID-19, acting Minister for COVID-19 Response Ayesha Verrall says. The actions were foreshadowed last ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Govt investing millions in Hawke's Bay and Tairāwhiti schools
    Napier Boys’ and Girls’ High Schools are among those set to benefit from a $16.5 million investment in the Hawke's Bay and Tairāwhiti region, Economic and Regional Development Minister Stuart Nash announced today. The Government has set aside money in Budget 2021 to accelerate five projects in Napier, Hastings, Havelock North ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Game changing Jobs for Nature investment for Northland
    Conservation Minister Kiri Allan has announced Jobs for Nature funding for a portfolio of projects that will create ‘game changing’ gains for nature and communities across Northland/Te Tai Tokerau as part of the Government’s acceleration of the economic recovery from COVID. “This portfolio of 12 projects will see over $20 ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Third COVID-19 vaccine receives provisional approval
    New Zealand’s regulatory authority Medsafe has granted provisional approval of the AstraZeneca COVID-19 vaccine for individuals 18 years of age and older, Acting Minister for COVID-19 Response Dr Ayesha Verrall announced today. New Zealand secured 7.6 million doses (enough for 3.8 million people) of the AstraZeneca COVID-19 vaccine through an ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Bowel-cancer screening programme is saving lives
    More than 1000 New Zealanders have had bowel cancer – New Zealand’s second-most-common cause of death from cancer - detected under the Government’s National Bowel Screening Programme, Health Minister Andrew Little said today. More than 1200 New Zealanders died from bowel cancer in 2017. The screening programme aims to save ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Govt welcomes draft report on the retail grocery sector
    The Commerce Commission’s draft report into the retail grocery sector is being welcomed by Government as a major milestone. “I asked the Commerce Commission to look at whether this sector is as competitive as it could be and today it has released its draft report for consultation,” Commerce and Consumer ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Christchurch’s Youth Hub ‘set to go’ thanks to further Government funding
    Construction of New Zealand’s first, purpose-built centre for youth well-being is ready to get underway thanks to an extra $2.5 million of COVID-19 response funding, Housing Minister and Associate Minister of Finance, Megan Woods announced today.  “The Christchurch Youth Hub is about bringing together all the things young people need ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Next step to protect Milford Sound Piopiotahi
    Expert group lays out plan to better protect iconic UNESCO World Heritage site Milford Sound Piopiotahi and its surrounds Funding confirmed for dedicated unit and Establishment Board to assess the recommendations and provide oversight of the process from here Milford Opportunities Project a test case for transformational change in tourism ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Funding for projects to reduce waste from construction and demolition
    The Government has announced funding for projects in Auckland and the lower North Island to help reduce construction and demolition waste. “Construction is the main source of waste sent to landfill, and much of this could be reduced, reused and recovered,” Environment Minister David Parker said. “The Government is funding ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech at the launch of the National Hepatitis C Action Plan
    Tēnā koutou katoa. Thank you Anglesea Pharmacy and Te Manawa Taki for hosting this event. As a doctor, I saw first hand the impact of hepatitis C. I met Moana in 2019; she came to the infectious diseases outpatient clinic at Wellington Hospital having tested positive for hepatitis C. Like ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Plan to eliminate hepatitis C as a major health threat by 2030
    A plan to eliminate hepatitis C in New Zealand, reducing liver cancer and the need for liver transplants, has been released today by Associate Minister of Health Dr Ayesha Verrall. “Around 45,000 New Zealanders have hepatitis C, but only around half know they have it,” said Ayesha Verrall. “Symptoms often ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • School upgrades and new classrooms for West Coast, Tasman and Canterbury
    A funding injection from Budget 2021 to complete four shovel ready projects and new classrooms at six schools and kura will provide a real boost to local communities, Minister Dr Megan Woods announced today. “This Government has committed to providing quality fit for purpose learning environments and 100,000 new student ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Warmer Kiwi Homes smashes annual target
    The Government's highly successful insulation and heating programme, Warmer Kiwi Homes, is celebrating a key milestone with the completion of more than 38,000 insulation and efficient heater installs in the year to the end of June, smashing its target of 25,000 installs for the year. “The Warmer Kiwi Homes scheme ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Exemption granted for Wallabies to enter NZ
    Bledisloe Cup rugby will be played in New Zealand after the Australian rugby team received an economic exemption to enter New Zealand. Travel between Australia and New Zealand was suspended on Friday for at least eight weeks following the worsening of the COVID outbreak across the Tasman. New Zealanders have ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Minister of Foreign Affairs makes three diplomatic appointments
    Foreign Affairs Minister Nanaia Mahuta today announced three New Zealand Head of Mission appointments. They are: Mike Walsh as Ambassador to Iran Michael Upton as Ambassador to Ethiopia and the African Union Kevin Burnett as Ambassador to Indonesia Iran “Aotearoa New Zealand has a long-standing and constructive relationship with Iran, despite a ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Enhanced Task Force Green Approved for West Coast and Marlborough
    The Government has activated Enhanced Task Force Green (ETFG) in response to the West Coast and Marlborough floods, Social Development and Employment Minister Carmel Sepuloni announced today. “To assist with the clean-up, up to $500,000 will be made available to support the recovery in Buller and Marlborough which has experienced ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Govt support for upgrade of Eden Park players facilities
    Minister for Sport and Recreation Hon Grant Robertson has announced funding to upgrade the players facilities at Eden Park ahead of upcoming Women’s World Cup events. Eden Park is a confirmed venue for the Rugby World Cup 2021, the ICC Women’s Cricket World Cup 2022, and a proposed venue for matches of ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • More jobs and quicker public transport motoring towards West Auckland
    Work to improve public transport for West Aucklanders and support the region’s economic recovery by creating hundreds of jobs has officially kicked off, Transport Minister Michael Wood announced today. Michael Wood and Auckland Mayor Phil Goff this morning marked the start of construction on the Northwestern Bus Improvements project. It ...
    BeehiveBy beehive.govt.nz
    1 week ago