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Farrar: Ironically being political and shallow

Written By: - Date published: 11:00 am, September 4th, 2011 - 66 comments
Categories: assets, business, dpf, privatisation, spin - Tags:

Been reading David Farrar’s column in the Herald yesterday “Asset sales – what’s the political cost?“. I’d say that his opinion is exactly what I’d expect from someone who spends their time at the political trough theorizing about business rather than doing it. Rather than look at the potential costs to the businesses and therefore downstream for the country he prefers just to look at politics.

Sadly this focus on the politics is kind of excusable in his case – he doesn’t know any better. As far as I can see, Davids experience has never been to operate a business operating fully in the private sector. He has been a staffer around parliament followed by running a polling company (whose major business appears to be the private polling for the National party) and political blogger and now seems to be morphing into the voice of National in the media.

Outside of the political blogging my working life provides quite a different viewpoint. I have been worked in private industry in NZ throughout my working life. Over the last few decades this has been for tech companies exporting offshore. I’ve helped form and grow several companies. I even went back to university to pick up a MBA to give myself better tools for the task of being better at business.

But the difference between David’s theoretical approach and mine can best be summed up in his spin..

With $220 billion of existing assets, the proposed sales by National represent around 2% of the Government’s total assets. It’s hardly a closing down sale.

Indeed. However that completely misses the point about why the government built and holds those types of assets.

The government origionally built these strategic assets because private industry wouldn’t put in the required capital and they were natural monopolies providing services to other companies and individuals. As a country we had to have them to grow. With its ability to raise capital cheaply and a set of objectives that operate over a longer term than profits during the next managerial tenure, the government was in a position to build strategic services.

Why were they strategic? Lets emphasize that again. Other businesses required the services provided to be able to build their businesses. Without the underpinning of reliable services businesses would spend much of their time in crisis mode dealing with outages in services rather than focusing on their own operations, markets and customers.

Take an example of the electricity supply for Auckland businesses. In 1998, I was in the Auckland CBD when we had 5 weeks of rolling power blackouts.

Queen Street was almost deserted for the first few days, as few businesses could operate. Some brought goods out onto the street to sell, but heavy rain in the first week made that impractical. Generators were brought in from around the country to power essential services and some businesses. These made Queen Street a very noisy place and thus deterred customers. Some businesses estimated that the outage cost them at least NZ$60,000 per week.

Now this type of outage isn’t an uncommon in some countries that I have visited. The cause was an organisation that had simply let their  maintenance and capacity growth slip. This is the common theme through the power outages in Auckland in 1998, 2006, and 2009 from one part of the electrical supply system of another.

In each of these, I have been one of the dozens of people standing around drawing wages and costing the company I was working for. I often have been the person worrying about being unable to do business, finding out how robust our organisations infrastructure is and keeping an eye on the deadlines. Needless to say, those business affected are unable to recover their losses directly from the power company. And those costs are enormous across the areas affected.

Sure it is nice for a business if it can get its basic services provided at a lower cost – not that has been a notable feature of privatization. But the costs in not having reliable services are almost invariably far higher than the potential savings. It simply doesn’t matter to me in a business if I have dozens of possible providers of retail services saving a few dollars a week when a single failure in their suppliers can waste all of the other costs for a day or weeks. This is the case if I am powering the company, sending/receiving offshore data over our limited cable infrastructure, getting critical parts or sending product/people through Auckland’s sole international airport, or looking at the air-freight capacity.

People in other markets will be interested in different services, but when thinking strategically will be more concerned with reliability of the services that they depend on than David’s interest in political costs.

David (and for that matter Bill English) do not seem to get this. They concentrate on irrelevant spin that carefully misses all of the crucial factors that businesses worry about. For instance David says…

It is literally impossible for a foreign company to take control. In fact it will be impossible for a foreign company to have a share-holding in excess of 10 per cent.

Perhaps David should look at where the effective control lies in most listed companies. It is frequently exerted by minority shareholders because many investors are as passive as Bill English seems to think that the government should be. Generally companies and investors in other companies form formal or informal working alliances with others to achieve their common objectives. Quite simply this is a rather pathetic meaningless political figleaf.

David’s ‘economic’ factors are kind of hilarious in their narrow political and non-strategic focus.

Not every private company is better performing than every public company. But overall, the evidence is that private ownership does lead to better performing companies. This is of course a key difference in ideology between the left and the right.

Of course the question that David very carefully leaves out is for whom to those private companies perform better for? Their shareholders or for the country as a whole?

We’re now decades into the political privatization of strategic assets. But what is clear is that shifting the number of retailers in the electricity sector doesn’t provide the security of supply that other businesses want in this country. We are running so close to the boundaries of the supply vs demand that an earthquake in the wrong place could give us the power shortages that currently afflict Japan. The history of privatizing telecommunications is replete with examples of price gouging by natural monopolies with minimal and slow upgrades in capacities. We have the example of NZ Rail where private owners stripped profit by allowing the strategic infrastructure required by many businesses to deteriorate.

This is why kiwis and especially kiwi businesses are skeptical about privatization of utilities. It seems to largely benefit the shareholders more than the country. Perhaps if we put a considerable duty and cost on the shareholders for not providing reliable services? But that really seems to defeat the rationale for privatizing in the first place if you have to regulate them so tightly. Not to mention it will probably be about as effectively enforceable as National’s figleaf ownership caps (which probably violate a number of our free trade obligations).

A strong secondary reason is the desire to give New Zealanders some more reliable investment options than finance companies.

Which really begs the question about why NZ companies do not list on the NZ stock exchange? And why many investors including myself avoid it. Despite the amounts of money invested around NZ, only a minuscule fraction is available from the stock exchange.

The investment climate in NZ is completely biased towards investing directly into property privately where there is no tax on capital gains. Much of the investment money in the stock market prior to the crash went into finance companies was because they were about the only stocks with more attractive rates of return than speculating on house prices. To achieve those returns they were clearly running their businesses with unacceptable and concealed risk levels.

How is having a few low return utility companies bulking out the stock exchange going to magically change that? The structural problem at the heart of investment in NZ needs to be addressed and this type of pallidness is simply political fluff that governments do when they don’t wish to face the hard and important issues.

A tertiary factor or reason is lowering the amount the Government will need to borrow. The total amount reduced is not huge, but it does send a signal to rating agencies that the Government is serious about keeping gross debt from exceeding a certain level.

He is right about how little it will raise. He is wrong about how rating agencies will read it. Rating agencies look at the longer term rather than the short term. They can read a balance sheet. The reason why these assets are highly salable is because they are profitable. The government currently demands a very high dividend from many of the organizations and the loss of part of that dividend will affect their ongoing fiscal position far more badly than keeping them. Not to mention that it isn’t that likely that the other shareholders will be as interested as the government is in high dividend payments. The loss of revenue to the crown is what the rating agencies are more likely will look at, because over time it increases the risk of lending to the government.

In short, the current round of privatization proposals by National and their mouthpiece has been notable for not making a case for doing it on any basis that would quell the alarm that many businesses will feel. Rather they appear to be more interested in laying political spin with their reasons concealing a bad case of ideological stupidity

66 comments on “Farrar: Ironically being political and shallow”

  1. crashcart 1

    I read his Party Political Ad in the Herald yesterday and wondered why it didn’t have a authorised by statement at the end. It was so one sided and politically biased the stupid reference to his National links didn’t caver it in my opinion.

    What was good to see was how few people in the comments section bought his spin. They really tore in to him.

  2. Rijab 2

    How can our mainstream media let such poorly constructed & blatant propaganda be given such a platform?

    David may be an intelligent and able commentator at times, but he is being downright disingenuous with this asset sales vomit. Well done LPrent for a sound retort. If David reads this he’ll be doing so with a red face, as I’m sure he already has from reading the comments on his nzherald article.

  3. ghostwhowalksnz 3

    You left out the bit where his weekly columns are probably ghost written by Bill English or his tax payer funded staff.

  4. fabregas4 4

    It was great to see how many readers saw this tripe for what it is. Assets sales are the game changer come November.

  5. logie97 5

    Did you have to include his photo with this article. Ahhhhhhhhhhh …….?

    • lprent 5.1

      Well in my posts I try to leave at least one good feature of whomever I am roasting at the time*. That was his. 😈

      * you ever notice how I have to be annoyed at someone before I write a post?

    • HC 5.2

      logie97 – This photo of David does not get out of my mind now. Since you mentioned this, I have seen some old documentaries, reports and photos of some of the leaders, key persons and supporters of that party that ruled Germany and later Austria and large parts of Europe between 1933 and 1945.

      The face on the photo above strongly resembles the face and features of a person belonging to that party. All that is missing is a military hat, a uniform and certain emblems symbolising the membership to that party.

      It may sound offensive, but this is real. I am reminded of such a personality, who strongly resembles the person in the photo above. Is this a co-incidence, or can conclusions be drawn from features being very similar- also meaning that mentality, conviction and psyche must be very similar?

      Just a thought in passing.

  6. RedLogix 6

    I’ve long argued that the crucial test of privatisation can be determined from this simple question, “What would happen if it failed?”.

    Now that failure can be technical or commercial, it doesn’t really matter which… but if the answer is that the government would be politically compelled for whatever reason to bail the entity out… then it should never have been privatised in the first place.

  7. Good comment lprent.
     
    The debate about privatisation drives me to distraction.  It is only going to be partial and the Government will retain a majority stake the right continusly chant.
     
    Associated with this is the “protection” that a single foreign entity will own no more than 10% of the chare holding.
     
    This all ignores the basic problem that when you corportise and list a crown entity you change it irrevocably.
     
    For instance once you hand governance over to a board of directors they are obliged to have the dollar signs in the middle of their sights when they make decisions.  If burning coal is better than developing geothermal then so be it.
     
    A classic example of the problem occurred with Air New Zealand a few years ago when the announced the shut down of the Christchurch Maintenance base.  The EPMU lobbied Cullen as owner of 83% of the shares to reverse the decision.  His response was that he could not interfere because of the minority shareholding.
     
    The tories know this but continue with the spin or lies (however you are feeling) that fundamental change will not occur.  It is guaranteed to occur.  NZ don’t go there …

    • ghostwhowalksnz 7.1

      The minority shareholding will allow a full takeover.
      Thats the real idea behind privatising by stealth.
      After the election we will hear that ‘there are too many power companies’ .
      Then Contact will push to takeover one of the newly listed companies with a starting point of 10%, they will line up say 2 others who magically have 10% each- this gives 30% as the prelude for a full takeover.
      English and Key will say their hands are tied because of the benefit for the 49% private owners- voila the lot is gone before you can say – I told you so

  8. ropata 8

    Farrar is astute to focus only on public perceptions and his party’s image.
    John KY is the pied piper leading voters to fairyland on trail of pixie dust.

    How boring of Labour to talk about reality and the social & fiscal impact of destroying our asset base!

    “Asset Sales: What’s the political cost?”
    DPF never asks what is the long term cost to NZ businesses, government revenues, or private citizens

  9. randal 9

    National is supposed to be the party of business but Farrar and the party have never created one business since the election. All they have done is leeched off the real producers and hidden their depredations behind a wall of poisonous vacuous nonsense.
    And the fact is that they couldn’t run a business if they tried.

    • Bob Stanforth 9.1

      Why would a political party create a business? Why would we want them to?

      And just as there are successful business people in National, there are in the other parties as well.

      Or was your comment just a meaningless spiteful rant?

      • joe90 9.1.1

        Why would a political party create a business?

        Why bother even creating businesses when you can steal them off the taxpayers who created them.

        * In December 1986, all of the top 10 companies originated in the private sector and had a total sharemarket value of $20,712 million.

        * Thirteen years later seven of the 10 companies started in the private sector and had a market value of $13,044 million.

        * Today, only four of the top 10 have a private sector background and their sharemarket capitalisation is just $10,866 million.

        Where have New Zealand’s private sector entrepreneurs disappeared to?

        • pollywog 9.1.1.1

          Where have New Zealand’s private sector entrepreneurs disappeared to?

          …they all became slumlords and live overseas for 9 months of the year.

          • Bob Stanforth 9.1.1.1.1

            Actually, I think you’d be surprised that that isnt the truth. I sold my IT consulting business a while back. Ive since started two more companies, both profitable, one web based, the other niche consulting, the latter that Im about to sell.

            The web based one I will sell probably within 10 years. Most of the people I work with and for are self employed, building businesses here in NZ. One of my friends just sold his to an American company for a significant sum of money.

            The vast majority of employed NZ’ers work for small companies, privately held organisations, some like mine. And thats part of the reason why sharemarket valuations to me are meaningless – the role of large organisations is changing, which is seeing the rise of small fast moving niche players.

            I will be 50 in a few years, and will work part time on and in my businesses for a few years yet. Its fun, and I love the people I employ and work with. And everywhere I look I see more of that happening. The rise of NZ’s small company continues.

      • ropata 9.1.2

        I seem to recall a recent post on this site where the author looked at the backgound of the MPs, and Labour clearly had the majority of self-employed or small business owners. NACToids are pinstriped corporate ladder climbers not business creators.

        • Bored 9.1.2.1

          Very prescient comment, the bit which really fekks me off about corporate business types is that they would not know business if they tripped over it: most are private sector beaurocrats pretending to be “capitalists”. The vast majority are merely wage slaves, going by the Marxist definition of relationship to production they are not even petit bourgeois…mere non owning functionaries..(lick spittle running dog roaders to use Maoist Chinese lingo).

          Labour needs to reconnect to the working man, a huge proportion of whom are self employed working for rates that the corporates will pressure mercilessly as the focus goes onto costs.

        • mik e 9.1.2.2

          More theocrates reformed school teachers failed farmers leaders nut jobs that kill the jobs

      • Ianupnorth 9.1.3

        Bob, I commend you for being the only right sided person to actually comment; whenever there is a post that is critical, truthful and presents an accurate reality, those on the right are nowhere to be seen – you mate, broke this tradition, so kudos where it is due.
         
        It still remains that it is stupid to sell off profitable companies, thus removing the profits from treasury.

        • Bob Stanforth 9.1.3.1

          Thanks Ian – I dont believe in mindless support of anything, even my kids 🙂

          Im not sold on the asset programme, but Im holding judgement until I see what rules will be in place around ownership and transferability of that. It makes sense to me to sell a minority stakeholding off to NZ investors, especially KS investors, as our market is tiny. But lets keep as much of it here in our hands as possible. And lets have a reasoned and reasonable debate about it, not descend immediately in to name calling because someone doesnt toe the company line. None of this directed at you BTW.

          But again, thanks, and likewise 🙂

          • mik e 9.1.3.1.1

            Bob Stanforth would you sell your best performing assets or shares . You wouldn’t unless you were bankrupt. This govt isn’t quite bankrupt yet but if we selling of our cash generating assets like the power companies we will be bankrupt and we will have to sell the rest of if we have another crisis it will happen. The returns from these high performing assets will help pay down this debt in eight years . These mates of yours in the National party won’t be around in{8years] parliament to take the blame for such a stupid mistake tell them that.The 4 pwer companies +solid energy have had increases in profit up to 50% this year its dumb dumb and dumber to sell these assets .if you say you are good at business you would see plain sense and stand for whats right.And not bob duck and weave like yopu political masters.

      • lprent 9.1.4

        Umm I retract part of this. I see Bob’s response was to randal and not me… The joys of replying whilst moderating is you don’t see context.

        Umm Bob, did you read the post? What I said was that the government created these companies originally for a specific reason. They were needed to support other businesses and no-one was willing front up with the capital to put them into place.

        But you do appear to be profoundly ignorant about the business history of this country. Perhaps you should look at the origins of the largest companies actually listed on our exchange. You will find that most of them started as government created organisations (telecom and all the power companies for instance) or were set up after a government prototype/study (NZ Steel comes to mind) or developed their size with the tacit semi-monopolistic support of the government (Fletchers comes to mind).

        What does get set up by private enterprise in NZ are the smaller companies like the ones I work in. Starved of investment capital we usually wind up selling equity off directly to overseas buyers because the local exchange cannot fund anything apart from a asset strip on a privatized government property. Now does that sound like a dynamic free market to you?

        There are a number of business people in National. However apart from farmers there are very few people in National who have ever even worked in a export based industry. It has always been notable to me that most of the business experience in National have been suppliers to the local retail markets or parasitic asset strippers. Exporters live in the free market competing worldwide. We know exactly what free markets look like because we deal with them all of the time. The businesses that National seems to want to support are not what what I’d call particularly free market.

        • Bob Stanforth 9.1.4.1

          Sometimes, just sometimes its not about you Lyn. Keep your insults to yourself you arse – I wasnt commenting about your post, it was a very good and reasoned post, BTW. I was commenting about the mindless spit laden rant. Even a newbie web twat could see that.

          Feel free to throw observations into your comments, but dont expect me to agree with them – they arent factual, just as mine arent. But dont bother with the insults just because I dont start with a slavish approval of your post. Try debate, not insult, and you will get reasoned and considered debate back.

          • ropata 9.1.4.1.1

            I agree that your comments aren’t factual Bob, if anything you’re the one losing the plot and throwing insults about. Is it your business model to build up a small company then flog it to a foreign corporation?

            One of my old mates from engineering school has a small company making a certain device and has had $$$ multi million buyout offers from Aussie but he prefers to keep the jobs and skills local.

            My father spent 40 years building up his smallish company in south Auckland employing 30-40 guys then when he retired the other directors sold out to a big firm who ended up shutting the place down.

            This story has been repeated large and small across NZ for decades, no wonder we are in the crapper

            • Bob Stanforth 9.1.4.1.1.1

              Actually, you couldn’t be further from the truth, yet again showing that when you make an assumption, you stick your head up your arse. 🙂

              My IT consulting firm was sold to the people I employed, and I still own a 30% share in their success. The company grew from 10 to now 25.

              The insult was directed at Lyn, who had decided to take an ill-conceived thrust at me, and ended up making himself look like an idiot. You started the queue by the looks of it.

              So, try this, will use simple words. Hows about debate instead of assumption driven stupidity? Go on, try it. 🙂

              • ropata

                I was debating, you had earlier claimed that “the rise of NZ’s small company continues”, which I think is true only for a minority, but in other significant sectors of the economy the decline is dramatic.

                Decline and fall of Kiwi private enterprise

                • Bob Stanforth

                  And nothing you stated or quoted applies to small companies, even slightly.

                  • ropata

                    http://www.stuff.co.nz/sunday-star-times/business/5161079

                    Receiverships this year are more than 200% up on five years ago, and the total number of business failures have yet to taper off …

                    NZ Shareholders Association chairman Bruce Sheppard : “it’s pretty bloody ugly out there” …

                    Business NZ chief executive Phil O’Reilly : “A lot of the companies that were marginal after the financial crisis have gone and we’re now talking about the survivors. But we’ve still got a weak internal economy, so we are seeing even some of the strongest cashflow businesses struggling.”

                  • ropata

                    Sometimes it’s hard to get the facts from underneath all the good-news government spin, there’s usually a couple of upbeat pro-National articles per day in the business pages, but remember who owns our major news outlets

  10. alex 10

    Stunning post, articulate, detailed, clear and accurate. Exactly what the National Party’s asset sales spin isn’t.

  11. prism 11

    @ropata – I think you might have a valuable familiar image with the idea that Jokey Hen is a pied piper leading the innocent to oblivion. Without saying so there is the recall that he was a ratcatcher who stole the citizens’ taonga from them. That piedpiper term could be used as a constant up to November and be effective. Who needs Crosby-Textor when there are you and me!

    • ropata 11.1

      Thanks, the Pied Piper story seems apt, especially the part where the future of a community is taken away.
      Marketing isn’t a strong point of mine, I can’t stomach the illusory world of crosby textor marketing shite.

      (I’m an IT analyst in my day job and have to deal with marketing types on occasion, they are all about glamour and image and positive thinking, whereas I am pretty much the opposite, I have to measure *actual* outcomes and be a bit paranoid)

  12. prism 12

    @lprent – Very well stated blog. No doubt about it having one’s own money and efforts put at risk in a business or personal project definitely gets the antenna twisting and sharpens the coping techniques.

  13. Dude’s pissing in the wind. Ain’t NO WAY middle to lower NZ is gonna go for asset sales.

    On a side note, it’s not racist, but what do you call it when you have a dislike of short, pudgy, right wing bald guys with glasses ?

    I bet Farrar wears ill fitting suits, doesn’t tie his laces and has small hands as well…ewwwwww 🙂

    • felix 13.1

      “On a side note, it’s not racist, but what do you call it when you have a dislike of short, pudgy, right wing bald guys with glasses ?”

      I believe the term you’re looking for is “sentient”.

    • vto 13.3

      Simple mr polly. It is called racism by another name.

      And it is just as bad. Shame.

      • prism 13.3.1

        @vto You’re so pure and good.

      • felix 13.3.2

        Short, pudgy, right wing bald guys with glasses are a “race” now v?

        Jeez.

        • Deadly_NZ 13.3.2.1

          In his case I’d call him the Poison Dwarf…

        • vto 13.3.2.2

          messers felix and prism, on further deliberation and consideration you’re right. Let’s get ’em!

          Stupid useless fuckers that they are. Bloody no good, always getting thrown in jail and arrested. I blame it on the red-headed colonists, they just let people get away with everything … and they bloody steal everything. Just see what lprent says in this very post. He’s onto it. bloody looters the lot of ’em. Yeah, I’m voting Winston.

          • prism 13.3.2.2.1

            @vto – Vote for Winston seems a good idea for you. He gets all heated about matters too but delivers his lines with less swear words and he has so much aplomb and generally adds some style to the rest of the scrum in parliament. I hope he gets enough votes to put in an appearance.

          • marty mars 13.3.2.2.2

            I don’t agree with your incitement to get “short, pudgy, right wing bald guys with glasses” – to get everyone all worked up may cause riots and frankly, they are not ‘bloody no good’ or ‘always getting thrown in jail and arrested’ – I would imagine they are underrepresented in those institutions. Please give even further deliberation and consideration vto. 🙂

          • ropata 13.3.2.2.3

            Incidentally the middle aged whilte male in a position of trust seems to be the leading demographic for white collar crime, so vto’s sarcastic comments about looting and getting away had an accidental element of truth.

      • ropata 13.3.3

        Are Munchkins a separate race now? 🙂

  14. HC 14

    Indeed I have started to enjoy David Fartars weekly Herald pieces, because they are often so easy to dissect and expose. Also looking at the response views they are mostly very negative about him and his views. He hardly ever delivers reliable facts, distracts from the truth and tries to be an expert at misinforming people to achieve re-enforcing negative bias towards the left and more centrist positions others hold.

    And you are right. A person like him does not display much real life business or other expertise.

    A wannabe Spinmeister who tries to make this his career.

    • tc 14.1

      In a real unbiased paper, there would be a matching article by someone from the other side of the political spectrum for readers to compare whereas our only daily national paper continues to provide a NACT soapbox….comments are one thing but full and fair debate….not in granny herald.

      The absence of the usual sideshow John fan club members on this post comes as no surprise…nailed lprent, also the cost to the eventual users with generators adding profit to satisfy greedy minority shareholders cascading through the grid operator, then the lines businesses and finally the retailers, each having a higher input cost plus their margin to shareholders.

      Probably making a buck at the generator end become 2-3 bucks when the consumer eventually cops the ticket clipping at each layer.

      • Anne 14.1.1

        In a real unbiased paper, there would be a matching article by someone from the other side of the political spectrum for readers to compare

        Yes, and the obvious choice would be Gordon Campbell from Scoop. The trouble is, Campbell’s intelligent, rational and well informed commentary would show up Farrar for the half-baked Nat Party hack that he is.

    • Deadly_NZ 14.2

      I prefer to read the comments he always seems to get slammed in them.

  15. Tangled up in blue 15

    Farrar is a good example of why people should support policy on a case by case issue rather than being partisan. He’s invested so much of his life into bagging Labour, that even when it’s clearly evident that Labour’s policy around asset sales is more beneficial for New Zealanders; he is forced to suppress the miniscule amount of political impartiality he had and advocate a position he knows very well will only benefit private shareholders.

    Shame on his dishonesty.

  16. randal 16

    why should a government create ‘new business’?
    well bob stanforth that was nationals political plank, their manifesto if you will.
    and their stuffed little popinjay hootin said they would create 170,000 jobs.
    so if they are not there mto create new business what are they there for?
    or is that mean and spiteful in your book.
    is asking for the truth too hard for you?

  17. randal 17

    oh and if they are not there to create new business then why are they selling old businesses that belong to the people and not to them?
    or does that truth hurt too?

  18. logie97 18

    The NACT meme has always been that government should not be in business – that private runs things better than government. So what is the advantage of selling only 49 pcnt into private hands? Is it just for a guaranteed income for investors with no risk, and a chance to recoup losses for those who have got burnt by so many failed private sector run industries/institutions.

  19. MikeG 19

    Farrar has also avoided any mention of the revenue that the assets generate – my guess (and I’m too lazy to do the research) is that the assets they are selling provide a reasonable percentage of the non-tax revenue that the Government gets.

    The Govt may only be selling selling 2% of the total assets, but what % is that of the revenue generating assets, i.e. excluding schools, hospitals, roads… ?

  20. jingyang 20

    Lprent, You may a very good case using many rational, strategic, business and financial arguments against Farrar’s political arguments, however, since it is clear that the Nats’ reasons for selling are entirely political (ie; to please their backers) then you are really pissing up against a wall in terms of changing the government’s mind.
    Where this post IS effective is that it helps to make the debate political as readers start looking closely at what the Nats are really up to. Hopefully by November the political cost of the privisation policy will to be too much for the Nats to bear.

  21. Tangled up in blue 21

    Dude’s pissing in the wind. Ain’t NO WAY middle to lower NZ is gonna go for asset sales.

    It’s seems that a lot of this ‘middle to lower ‘group against asset sales still intend to vote for National.

    But what exactly are they gaining at the expense of asset sales?

    • Anne 21.1

      They think they’re going to continue to ‘feel good’ no matter what happens coz John Key says they will, and if they don’t John Key says it’s all Labour’s fault and they believe him.

    • pollywog 21.2

      It’s seems that a lot of this ‘middle to lower ‘group against asset sales still intend to vote for National.

      i think your lot are in for a short sharp shock if they make asset sales the cornerstone of their campaign strategy…

      …just like the backdown on mining conservation land in the face of massive protest and demonstrations, there is no way Key will get a green light from the average kiwi battler to sell off our state silverware

      once it’s exposed that that’s pretty much all the Nat’s have as their plan for economic salvation they’ll be gone come November.

      it’s gonna be hella fun watching Key get pwned in the leaders debates. That pained spoilt brat look he pulls when he’s flustered is priceless…

    • mik e 21.3

      More debt longer to pay it off cult worshipers don’t need reasons they just follow their leaders no matter how painful the journey, thats why all these finance companies were able to take so much money of so many people, just smile nicely and he’s such a nice man I gave him all my retirement funds.

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  • How growth in population and consumption drives planetary change
    Climate Explained is a collaboration between The Conversation, Stuff and the New Zealand Science Media Centre to answer your questions about climate change. If you have a question you’d like an expert to answer, please send it to climate.change@stuff.co.nz The growth of the human population over the last 70 ...
    SciBlogsBy Guest Author
    10 mins ago
  • The disappearing Women …
    by The Council of Disobedient Women In her excellent oral submission to the Abortion reform select committee on 31st October on behalf of Otago University’s Department of Public Health, historian and public health researcher Hera Cook stated: “We would ask that the committee not use the term ‘pregnant persons’ and ...
    RedlineBy Daphna
    14 hours ago
  • “A Passage to India”: enduring art in changing times
    by Don Franks In 1957, E M Forster wrote, of his greatest work: “The India described in ‘A Passage to India’ no longer exists either politically or socially. Change had begun even at the time the book was published ( 1924) and during the following quarter of a century it ...
    RedlineBy Daphna
    14 hours ago
  • Contemptuous
    The Referendums Framework Bill was due back from select committee today. But there's no report on it. Instead, the bill has been bounced back to the House under Standing order 29593) because the Committee didn't bother to produce one. They probably tried. But given the membership of the committee (which ...
    No Right TurnBy Idiot/Savant
    20 hours ago
  • Zero Carbon: It’s not just a good idea, it’s the law
    Two years into New Zealand’s Labour-led government, the long-delayed Zero Carbon Bill became law on 7 November. Passed essentially unanimously, the lengthy public debates and political manoeuvring faded away until the final passage was even anticlimactic: Flipping through the @nzstuff @DomPost I was starting to wonder if I’d dreamt ...
    SciBlogsBy Robert McLachlan
    20 hours ago
  • Climate Change: What happens next?
    Now the Zero Carbon Bill is law, what's next? Obviously, the ETS changes currently before select committee are going to be the next battleground. But we're also going to get a good idea of where we're going, and if the progress the Zero Carbon Act promises is good enough, during ...
    No Right TurnBy Idiot/Savant
    21 hours ago
  • Climate change will fuel bush fires
    Grant Pearce The effects of the current Australian bushfires in New South Wales and Queensland (and also again in California) are devastating and far-reaching. To date, the fires have resulted in several lives being lost and many homes and properties destroyed. Here in New Zealand, the impacts have been only ...
    SciBlogsBy Guest Author
    23 hours ago
  • Participation rates
    A passing comment in a post the other day about the labour force participation rates of older people prompted me to pull down the fuller data and see what we could see about various participation rates over the decades since the HLFS began in 1986.   As it happens, the ...
    SciBlogsBy Michael Reddell
    1 day ago
  • Not So Much “OK Boomer” As “OK Ruling Class”.
    Distract And Divert: The rise of what we have come to call “Identity Politics” represents the ideological manifestation of the ruling class’s objective need to destroy class politics, and of the middle-class’s subjective need to justify their participation in the process.THE RELIEF of the ruling class can only be imagined. ...
    1 day ago
  • Asking for it …
    "I saw a newspaper picture,From the political campaignA woman was kissing a child,Who was obviously in pain.She spills with compassion,As that young child'sFace in her hands she gripsCan you imagine all that greed and avariceComing down on that child's lips?" ...
    1 day ago
  • New Zealand’s Poor Pandemic Preparedness According to the Global Health Security Index
    Dr Matt Boyd, Prof Michael Baker, Prof Nick Wilson The Global Health Security Index which considers pandemic threats has just been published. Unfortunately, NZ scores approximately half marks (54/100), coming in 35th in the world rankings – far behind Australia. This poor result suggests that the NZ Government needs to ...
    SciBlogsBy Public Health Expert
    2 days ago
  • Climate Change: Thank Winston
    The Zero Carbon Act is inadequate, with a weak methane target designed to give farmers a free ride. But it turns out it could have been worse: Climate Change Minister James Shaw was so desperate to get National on board, he wanted to gut that target, and leave it in ...
    No Right TurnBy Idiot/Savant
    2 days ago
  • Illicit markets and Bali Booze
    The Herald reprints an Australian story on a couple of tragic deaths in Bali from drinking cocktails that had methanol in them.  The story argues that methanol is likely the result of home distillation. But what the young tourists were experiencing was far from a hangover. They’d consumed a toxic cocktail ...
    SciBlogsBy Eric Crampton
    2 days ago
  • This is not what armed police are for
    Last month, the police announced a trial of specialist roaming armed units, which would drive round (poor, brown) areas in armoured SUVs, armed to the teeth. When they announced the trial, they told us it was about having armed police "ready to attend major incidents at any time if needed". ...
    No Right TurnBy Idiot/Savant
    2 days ago
  • Spain’s failed electoral gamble
    Spain went to the polls today in the second elections this year, after the Socialists (who had come to power in a confidence vote, then gone to the polls in April) rejected the offer of a coalition with the left-wing PoDemos, and instead decided to gamble n a better outcome ...
    No Right TurnBy Idiot/Savant
    2 days ago
  • The astroturf party
    National has finally rolled out its "BlueGreen" astroturf party, fronted by an array of former nats and people who were dumped by the Greens for not being Green enough. Its initial pitch is described by Stuff as "very business-friendly", and its priorities are what you'd expect: conservation, predator-free funding, a ...
    No Right TurnBy Idiot/Savant
    2 days ago
  • How to cheat at university
    A couple of days ago I attended (and spoke at) the University of Waikato’s “LearnFest” event. There were lots of talks and sessions on very diverse aspects of teaching, mostly at tertiary level. One was by Myra Williamson from Te Piringa Faculty of Law here at Waikato, on Contract Cheating ...
    SciBlogsBy Marcus Wilson
    2 days ago
  • How NZ was put on world maps using a transit of Mercury
    There will be a transit of Mercury – the planet Mercury will pass across the face of the Sun – taking place at sunrise in New Zealand on Tuesday, 12th November. It was by observing such an event 250 years ago that James Cook and his scientist colleagues were able ...
    SciBlogsBy Duncan Steel
    2 days ago
  • Georgina Beyer: We need to be able to talk without being offended
    Since becoming the world’s first openly transexual mayor and member of parliament, Georgina Beyer has been recognised as a trailblazer for trans rights. Daphna Whitmore talks with her about where she sees the current trans movement We start out talking about legislation the government put on hold that would have ...
    RedlineBy Daphna
    3 days ago
  • The anti-fluoride brigade won’t be erecting billboards about this study
    If FFNZ really put their faith in “Top Medical Journals” they would now be amending their billboards to recognise new research results. Image from FFNZ but updated to agree with the latest research. ...
    3 days ago
  • Chosen To Rule? What Sort Of Christian Is Chris Luxon?
    National Messiah? Chris Luxon identifies himself as an evangelical Christian. If he is genuine in this self-characterisation, then he will take every opportunity his public office provides to proselytise on behalf of his faith. He will also feel obliged to bear witness against beliefs and practices he believes to be ...
    3 days ago
  • War of the worms
    I'm going to make a Reckless Prediction™ that the Tories have 'topped out' in the 'poll of polls' / Britain Elects multipoll tracker at about 38%, and in the next week we will start to see Labour creep up on them.In fact, we might just be seeing the start of ...
    3 days ago
  • Marvelly shows us how to be a feminist without feminism
    by The Council of Disobedient Women Lizzie Marvelly: “I may have missed this… has @afterellen gone all terf-y? Or am I reading something incorrectly? “ https://twitter.com/LizzieMarvelly/status/1191840059105742849 After Ellen is a lesbian website that is unashamedly pro-lesbian, as you’d expect. So why is Ms Marvelly so bothered about lesbians having their ...
    RedlineBy Daphna
    3 days ago
  • Out of the past – Tories to revive racist laws from the 16th century
    Did you know there once was a time when it was illegal to be a gypsy (aka Romani) in Britain?That was between 1530, when the Egyptians Act was passed, and 1856, when it was repealed.Amongst other things, the act forbade the entry of 'Egyptians' into England, ordered those already there ...
    4 days ago
  • 1000 of these now
    Some days I sit and think, “what will I write…?” What do you say when you get to 1000 posts? Maybe you just start where you are, diverge to where this all began, then offer a collection of reader’s favourite posts, and a few of your own? (And throw in ...
    SciBlogsBy Grant Jacobs
    4 days ago
  • Has Shane Jones Just Saved NZ First?
    Counter-Puncher: The “activists” and “radicals” (his own words) from the Indian community who took such strong exception to Shane Jones’ remarks about Immigration NZ’s treatment of arranged marriages, may end up bitterly regretting their intervention. Jones is not the sort of person who turns the other cheek to his critics.SHANE ...
    4 days ago
  • Climate Change: As predicted
    Yesterday, when National voted for the Zero Carbon Bill, I predicted they'd gut it the moment they regained power, just as they had done to the ETS. And indeed, they have explicitly promised to do exactly that within their first hundred days in office. What would their amendments do? Abandon ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Let this never be forgot
    In the spirit of Remember, remember the fifth of November, let's keep this in mind FOREVER.
    Oh dear. Extraordinary interview on PM with Andrew Bridgen and @EvanHD just now. Bridgen was defending Jacob Rees Mogg’s Grenfell comments. Evan asked him if JRM had meant to say he would have left ...
    5 days ago
  • Too Late To Change Capitalism’s Flightpath?
    Collision Course? In conditions of ideological white-out, the international bankers’ “Woop-Woop! Pull Up!” warning may have come too late to save global capitalism.WHAT DOES IT MEAN when international bankers are more willing to embrace radical solutions than our politicians and their electors? At both the International Monetary Fund and the ...
    5 days ago
  • Whooping cough vaccine works well despite its imperfections
    Pertussis (whooping cough) is a conundrum. It is a disease that was described hundreds of years ago and the bacteria that causes it (Bordetella pertussis) isolated in 1906. We have had vaccines for about 80 years but this disease is defiant in the face of human immunity. I wanted to ...
    SciBlogsBy Helen Petousis Harris
    6 days ago
  • Climate Change: Passed
    The Zero Carbon Bill has just passed its third reading, uanimously. In the end, National supported it - but we all know they'll turn around and gut it the moment they regain power. Meanwhile, I guess ACT's David Seymour didn't even bother to show up. I am on record as ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • Retailing of vaping products – New NZ Research
    Dr Lindsay Robertson, Dr Jerram Bateman, Professor Janet Hoek Members of the public health community hold divergent views on how access to vaping products or electronic nicotine delivery systems (ENDS) products should be arranged. Some believe ENDS should be as widely available as smoked tobacco and argue for liberal ...
    SciBlogsBy Public Health Expert
    6 days ago
  • Justice for Bomber
    When the Police were trying to cover up for the National Party over Dirty Politics, they went all-in with their abuses of power. They illegally search Nicky Hager's house, violating his journalistic privilege and invading his privacy. They unlawfully acquired Hager's bank records. They did the same to left-wing blogger ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • Britain’s climate tyranny was unlawful
    Last month, in response to a wave of protests by Extinction Rebellion, the British government purported to ban their protests from the whole of London. It was a significant interference with the freedoms of expression and assembly, and another sign of the country's decline into tyranny. But now, a court ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • More crime from the spies
    Last year, the Inspector-General of Intelligence and Security reported on significant problems with the intelligence warrant system. While they were unwilling to declare any warrant "irregular" (meaning unlawful) due to the recent law change, they were also not willing to give the system a clean bill of health. Now, they've ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • Vaccination, compulsion, and paternalism for the lower orders
    The National Party has come out in support of encouraging greater vaccination uptake. But it sure isn’t the way I’d do it. National’s suggested docking the benefits of those on benefit whose kids aren’t keeping up with their vaccinations. Some in National have suggested extending that to payments under Working ...
    SciBlogsBy Eric Crampton
    6 days ago
  • Global Protests Rage On: But Slogans Are Not Plans.
    Feeding The Flames: It is simply not enough to demand an end to “corruption”, or “inequality”, or the overbearing influence of the authorities in Beijing. These are just “lowest common denominator” demands: the sort of slogans that pull people onto the streets. They are not a plan.WHERE’S THE PLAN? Across ...
    6 days ago
  • 11,000 employed under Labour
    The labour market statistics have been released, and unemployment has risen to 4.2%. There are 115,000 unemployed - 11,000 fewer than when Labour took office. In that time the minimum wage has gone up by $2 an hour, which shows that the right's fears about increases causing unemployment are simply ...
    No Right TurnBy Idiot/Savant
    7 days ago
  • Boycott this democratic fraud
    The Foreign Affairs, Defence and Trade Committee has called for submissions on Andrew Little's tyrannical Terrorism Suppression (Control Orders) Bill. Normally I encourage participation in the democratic process. I am not doing so in this case. Instead, I encourage all of you to boycott this submissions process, and to post ...
    No Right TurnBy Idiot/Savant
    7 days ago
  • Why Mars is cold despite an atmosphere of mostly carbon dioxide
    Climate Explained is a collaboration between The Conversation, Stuff and the New Zealand Science Media Centre to answer your questions about climate change. If you have a question you’d like an expert to answer, please send it to climate.change@stuff.co.nz If tiny concentrations of carbon dioxide can hold enough heat ...
    SciBlogsBy Guest Author
    7 days ago
  • Climate Change: Ban private jets
    Aviation is one of the fastest growing sources of greenhouse gas emissions, and within it, one of the fastest sources is elite travel: billionaires flitting around the world in their private jets, spewing excessive pollution into the atmosphere just so they can avoid mixing with us dirty peasants. But in ...
    No Right TurnBy Idiot/Savant
    7 days ago
  • Climate Change: Untold Suffering
    That's what we face if we don't stop climate change, according to a warning from 11,000 scientists:The world’s people face “untold suffering due to the climate crisis” unless there are major transformations to global society, according to a stark warning from more than 11,000 scientists. “We declare clearly and unequivocally ...
    No Right TurnBy Idiot/Savant
    7 days ago
  • The left and violent misogyny
    by Phil Duncan Here’s just a few of the kind of threats issued day in and day out against gender-critical women – feminists, marxists, etc – overwhelmingly by MEN (albeit men identifying as women). “Kill all Terfs”. “Shoot a Terf today”. “All terfs deserve to be shot in the head”. ...
    RedlineBy Admin
    1 week ago
  • Imperialism and the iPhone
    This is the third of the synopses of parts of the opening chapter of John Smith’s Imperialism in the 21st Century (New York, Monthly Review Press, 2016). The synopsis and commentary below is written by Phil Duncan. Unlike the humble cup of coffee and t-shirt that we looked at in ...
    RedlineBy Admin
    1 week ago
  • The freshwater mussel housing crisis: eviction by invasive weeds?
    Tom Moore Traditionally a food source and cutting tool, freshwater mussels/kākahi are now widely valued as water filters that help clean our waterbodies and maintain ecosystem health throughout Aotearoa. The improvement they provide in water quality can make it easier for other animals to live in streams and rivers, as ...
    SciBlogsBy Guest Author
    1 week ago
  • Back it up Luxon: endorsing the destructive past is not actually the way forward
    And to think he gave all the potential goodwill away with that moronic, cult-like statement (repeated ad nauseam by many National hardliners) that Key is quite simply “the greatest PM we ever had”… Installation complete: this was nothing ...
    exhALANtBy exhalantblog
    1 week ago
  • Good riddance
    National MP and former Conservation Minister Maggie Barry will not seek re-election next year. Good riddance. Because in case anyone has forgotten, barry is a bullying thug who terrorised both public servants and fellow MPs. She is one of the people who makes Parliament a toxic workplace, and our country ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Climate Change: D-Day
    The Zero Carbon Bill is back in the House today for its second reading. While this isn't the final stage, its still effectively D-Day for the bill. Because today, at around 5pm, is when we're going to find out if it has a majority, whether National will support it or ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Winston is right
    Winston Peters is in court today, suing a bunch of former Minister and civil servants over their pre-election leak of his superannuation repayment. He's characterised the leak as malicious, and said that it is repugnant that his information was passed on to Ministers to use for political advantage. And he's ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Media impartiality
    Sky's economics editor, Ed Conway has posted a Twitter thread responding to a claim that - as far as I can see - Labour never made:
    Are NHS operation cancellations at an all-time high? That's the impression you might have been left with if you read this story from the ...
    1 week ago
  • Finish what’s on your plate
    Murray Cox Do I have to finish my favourite genome? That’s an often-asked question. Geneticists generally strive to produce high-quality genomes that sequence every last gene, making full use of the state-of-the-art technologies coming on stream. Sequencing DNA means determining the order of the four chemical building blocks – called ...
    SciBlogsBy Genomics Aotearoa
    1 week ago
  • Gainful Employment: A Cautionary Tale.
    Transformative Politics: The idea is to turn each recipient into an unwitting accomplice in their own transformation. From interested observer to hyped-up activist, sharing our messages promiscuously with ‘friends’. You’ll be part of an ever-expanding circulatory system, Jennifer, for the ideas that will win us the election.”JENNIFER SKITTERED her chair ...
    1 week ago
  • New Zealand should not fund bigotry
    Two years ago, the Cook Islands government announced that it was planning to join the civilised world and decriminalise consensual homosexual sex between men. Now, they've reversed their position, and decided to criminalise lesbians into the bargain:Two years ago, in a step welcomed by many people including the gay and ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • New Fisk
    No Right TurnBy Idiot/Savant
    1 week ago
  • More tyranny in Australia
    The boycott is a fundamental tool of protest. By choosing who we buy from, we can send a message, and hopefully change corporate behaviour. Historically, boycotts have been effective, for example over apartheid in South Africa and Israel, in forcing divestment from Myanmar, and in ending bus segregation in the ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Submission for rationality and science against the assaults of pre-modernism and post-modernism
    Jan Rivers spoke at the Abortion Legislation Select Committee in favour of the bill, but in opposition to calls from other submitters to exchange the word ‘woman’ for ‘person’ throughout the bill. Jan is a supporter of the feminist group Speak Up For Women and has recently written an excellent ...
    RedlineBy Daphna
    1 week ago
  • My loyal readership of … Cam girls and Pornbots?
    I checked my traffic stats:I was intrigued by 'monica29' - who was this very dedicated individual?  I clicked on the link, to be greeted with ...Ho, hum.Spreadin' the word, spreadin' the word.  Doesn't matter who hears it, as long as it gets out there. ...
    1 week ago
  • Worth repeating forever
    There have been three polls since the election was announced, and I will shamelessly steal YouGov / UK Polling Report's Anthony Wells' summary of them:Survation – CON 34%, LAB 26%, LDEM 19%, BREX 12%, GRN 1% Ipsos MORI – CON 41%, LAB 24%, LDEM 20%, BREX 7%, GRN 3% YouGov ...
    1 week ago
  • Lutte Ouvriere on the explosion in Chile
    The following article is translated from Lutte Ouvrière, the weekly newspaper of the organisation usually known by the same name in France. When, for the second time this year, Chilean President Piñera announced an increase in the price of Metro tickets from 800 to 830 pesos, students in the high ...
    RedlineBy Admin
    2 weeks ago
  • Wage theft – I’m fucking over it.
    Today, a worker contacted me asking if she could go to the police over her employer stealing thousands of dollars from her in unpaid wages. The employer also did not pay this worker’s taxes or student loan which amounts to tax fraud. As a workers rights activist, who founded the ...
    PosseBy chloeanneking
    2 weeks ago
  • On The Rebound.
    Signed, Sealed, Delivered, They're Yours: Is there any person more vulnerable than a jilted lover on the rebound? Or, anything more certain than that the charmer, the predator, the glib spinner of lies and promises will seek such broken people out? Yes, of course, he will love every one of ...
    2 weeks ago
  • Rabbi urges congregation to vote against Corbyn
    Though Jonathan Romain is a fairly high profile Rabbi, writing in several papers and popping up on TV and the radio, this story doesn't seem to have made it to the Guardian yet, so I'll take the unusual step of linking the Stephen Pollard edited Jewish Chronicle:Rabbi Dr Jonathan Romain ...
    2 weeks ago
  • My absurdly optimistic prediction
    There's an election afoot, and that is when noted opinion formers such as myself get to make wild fools of ourselves by pretending we have the faintest idea what will happen.So, here is my absurdly optimistic prediction:Labour - 285Conservative - 262SNP - 53Lib Dems - 20PC - 5Ireland - 18 ...
    2 weeks ago
  • October ’19 – NZ blogs sitemeter ranking
    Image Credit: Increase Social Media Traffic & Website Traffic I notice a few regulars no longer allow public access to the site counters. This may happen accidentally when the blog format is altered. If your ...
    2 weeks ago
  • A mountain of a challenge in banning glyphosate
    Belinda Cridge I was reading my son a story last night. A great tale of derring-do of five mountaineers scaling the Matterhorn for the first time. One in the party had tried six times previously and failed, this was the last attempt before winter closed another season. They tried a ...
    SciBlogsBy Guest Author
    2 weeks ago
  • This government has a problem with secrecy
    As introduced, the Zero Carbon Bill included an expansive secrecy clause, which would have covered virtually all decisions by the Climate Change Commission over our most important policy area. The Ministry for the Environment admitted this was a mistake (or as they put it, an "oversight"), and the select committee ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • A small New Zealand songbird that hides food for later use provides insights into cognitive evolutio...
    Rachael Shaw, Victoria University of Wellington When we think about animals storing food, the image that usually comes to mind is a squirrel busily hiding nuts for the winter. We don’t usually think of a small songbird taking down an enormous invertebrate, tearing it into pieces and hiding these titbits ...
    SciBlogsBy Guest Author
    2 weeks ago
  • Referenda on Euthanasia – NZ First’s Victory – or a Major Miscalculation?
    . . NZ First’s success in putting the euthenasia bill to a public referenda may not be the victory they believe it to be. They may even have sounded the death-knell for a second Labour-NZ First-Green coalition. On 23 July this year, NZ First MP, Jenny Marcroft, submitted a Supplementary ...
    Frankly SpeakingBy Frank Macskasy
    2 weeks ago
  • Corbyn the Mighty vs BoJo the Clown
    Interesting contrasting pictures in the Guardian:Corbyn gets the classic positive shot - low angle and a clear background, making him look authoritative (of course, being Corbyn, he doesn't do authoritative very well).Where as Johnson gets pictured with children at some sort of mad-hatters' tea party:Begging the question, who is the ...
    2 weeks ago
  • Public health, externality, and vaccination
    Paternalism is contentious. Arguments for state action to protect us from ourselves are fraught. I come down pretty heavily on the anti-paternalism side of the argument, but I’ve heard respectable defences of paternalism. But policy around vaccination is hardly paternalistic. There’s a clear market failure that could be pointed to ...
    SciBlogsBy Eric Crampton
    2 weeks ago
  • Happy Halloween
    Its Halloween, so its time for annual pumpkin trepanning and chocolate eating ritual. ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Twenty thousand leagues under the sea
    I’ve been reading Jules Verne’s novel Twenty thousand leagues under the sea, considered as one of the very earliest science fiction stories. In brief, Monsieur Aronnax and a couple of sidekicks are taken prisoner by Captain Nemo and his mysterious crew and treated to an underwater voyage around the world ...
    SciBlogsBy Marcus Wilson
    2 weeks ago
  • Climate Change: Disclosing the risks
    The climate crisis is going to mean some pretty big changes in our country, both from its impacts and the policies required to address them. Most obviously, whole suburbs are going to be underwater by 2100, meaning people and businesses are going to have to relocate to higher ground. But ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • MPI fails again
    Yesterday a dairy company was fined $483,000 for repeatedly failing to report listeria in its facility. Its a serious fine for a serious crime: listeria is a serious disease, and they were effectively trying to kill people with it. But there's another story hidden in there, and its not a ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Gay Men Address Gender Identity
    Gay men see the excesses of trans activism and are increasingly speaking out.  A new Facebook group addressing ‘gender identity’ and contemporary trans activism has been set up for gay men, by gay men. The following is the group’s Statement of Intent, Group Rules, and link to the group for ...
    RedlineBy Admin
    2 weeks ago

  • Addressing miscarriages of justice
    Darroch Ball, Spokesperson for Justice New Zealand First is proud that a key Coalition Agreement commitment which will provide for a more transparent and effective criminal justice system has been realised. Legislation to establish the Criminal Cases Review Commission, an independent body focused on identifying and responding to possible miscarriages of ...
    1 hour ago
  • Week That Was: Historic action on climate change
    "Today we have made a choice that will leave a legacy... I hope that means that future generations will see that we, in New Zealand, were on the right side of history." - Jacinda Ardern, Third Reading of the Zero Carbon Bill ...
    5 days ago
  • Tax-free deployments for Kiwi troops
    Darroch Ball, New Zealand First List MP A Member’s bill has been proposed that would provide income tax exemptions for all New Zealand Defence Force (NZDF) personnel while on operational deployment overseas. The Income Tax (Exemption for Salary or Wages of NZDF Members on Active Deployment) Amendment Bill proposed by New Zealand First ...
    5 days ago
  • A balanced Zero Carbon Bill passed
    Rt Hon Winston Peters, New Zealand First Leader New Zealand First is proud to have brought common sense to the Climate Change Response (Zero Carbon) Amendment Bill, which passed its final reading in Parliament today. Party Leader Rt Hon Winston Peters says months of hard work went into negotiating a balanced ...
    6 days ago
  • Paramedics’ status to be recognised
    Jenny Marcroft MP, Spokesperson for Health New Zealand First has listened to calls to recognise paramedics as registered health professionals under the Health Practitioners’ Competence Assurance Act (the Act). Today, the Coalition Government announced plans for paramedics to be registered as health practitioners under the Act, and the establishment of a ...
    1 week ago
  • Week That Was: 2,000 teachers in two years
    We began the week by commemorating the New Zealand Wars and celebrating a major increase in the number of teachers. Then, we were busy supporting offenders into work and getting our rail back on track after years of underinvestment. And that's just the start! ...
    2 weeks ago
  • Winning an election one conversation at a time
    In October I was sworn in as the Mayor of Lower Hutt. It’s the privilege of my life to serve Hutt people as their Mayor. There is something really special to be able to serve the community where I was raised, and where I live.   ...
    2 weeks ago
  • Closer cooperation with Korean horse racing industry
    Rt Hon Winston Peters, Deputy Prime Minister, Minister for Racing Racing Minister Winston Peters met with Korea Racing Authority Chairperson Nak Soon Kim in Seoul today to discuss closer cooperation between the New Zealand and Korean horse racing industries. As part of the visit to the Seoul Racecourse, Mr Peters witnessed ...
    2 weeks ago
  • Otago to lead digital creativity
    Hon Shane Jones, Minister for Regional Economic Development The Provincial Growth Fund (PGF) is investing $10 million to establish Otago as the centre of New Zealand’s creative digital industry over the next ten years, Regional Development Minister Shane Jones announced today. “The initiative will bring us closer to the vision of ...
    2 weeks ago
  • Young Otago students encouraged to take on forestry careers
    Hon Shane Jones, Minister for Regional Economic Development The Provincial Growth Fund (PGF)’s skills and employment programme will help young Otago people into long-term forestry careers, Regional Economic Development Minister Shane Jones announced today. Te Ara Mahi will invest $63,000 in the 2020 school year to support eight 17 and 18 ...
    2 weeks ago
  • PGF backing Dunedin’s waterfront ambitions
    Hon Shane Jones, Minister for Regional Economic Development The Provincial Growth Fund (PGF) will support local plans to revitalise and stimulate economic development opportunities in Otago, Regional Economic Development Minister Shane Jones has announced. The four Regional Economic Development Ministers have approved an in-principle investment of $19.9 million towards the region’s ...
    2 weeks ago
  • M. Bovis eradication progress welcomed
    Mark Patterson, Spokesperson for Primary Industries New Zealand First is pleased to have received the Technical Advisory Group (TAG) report on the Coalition Government’s Mycoplasma bovis eradication efforts, which shows significant progress in the fight against the disease. New Zealand First Spokesperson for Primary Industries, Mark Patterson, says the report’s findings ...
    2 weeks ago
  • PGF boosts Otago’s engineering and manufacturing sector
    Hon Shane Jones, Minister for Regional Economic Development Hon David Parker, Minister for Trade and Export Growth The Provincial Growth Fund (PGF) is investing to support economic growth opportunities for Otago’s engineering and manufacturing sectors, Regional Development Minister Shane Jones and Trade and Export Minister David Parker announced today. Almost $20 million ...
    2 weeks ago
  • Minister Peters discusses Pacific challenges and denuclearisation in Seoul
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