Great expectations
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- Date published:
1:54 pm, October 1st, 2008 - 25 comments
Categories: election 2008, john key, national, slippery, tax -
Tags: kiwisaver
John Key is being pretty evasive on his tax cut plan. He won’t say whether the famous ‘$50 a week for the average worker’ (note that’s not every worker, your income has to be $47K plus) is additional to Labour’s cuts, the first round of which came into effect today. Given the evasiveness, it’s safe to assume that it won’t be. In fact, Key now refuses to even confirm that $50 range.
The other question is how the tax cuts will be funded. There’s little or no money in the kitty, so it’s got to be borrowing or spending cuts. Part will be borrowing. National says it woud borrow for infrastructure but that’s money it doesn’t have to fund through tax, the borrowing allows tax cuts. Cryptically, Key said this morning that National’s tax cuts would be bigger than Labour’s but the same on ‘a net basis’ because they would change ‘two things’.
So, what can these ‘two things’ be? One will be Kiwisaver. It is one of the few large areas of government spending that National has not guaranteed. National clearly intends to slash spending on Kiwisaver, presumably by changing the employer contribution. The only other large area of government spending that they have not guaranteed is education but they can’t slash that. They need those middle-class mums to get them over the line. No, the second thing will have to be a change to Labour’s tax package. Specifically, they could remove the increases in the 21 cent threshold – currently set to rise from $14K to $20K in 2011. That would free up around a $1billion that coud be re-directed to cuts at higher incomes. Of course, that would mean smaller tax cuts for most people; most of the money would go to the well-off.
Whatever the package turns out to be, it had better be good. National has generated enormous expectations around tax cuts. They have promised a package that will be a panacea, solving everything from the recession, to doctors’ strikes, to emigration, to pain at the petrol pump. National has spent 9 years building expectations of the tax cuts it will offer. Next week, they will finally have to deliver.
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- Education New Zealand | Manapou ki te Ao – new Chair and memberMinister of Education, Hon Jan Tinetti, has announced appointments to the Board of Education New Zealand | Manapou ki te Ao. Tracey Bridges is joining the Board as the new Chair and Dr Therese Arseneau will be a new member. Current members Dr Linda Sissons CNZM and Daniel Wilson have ...4 days ago
- Scholarships honouring Ngarimu VC and the 28th (Māori) Battalion announcedFifteen ākonga Māori from across Aotearoa have been awarded the prestigious Ngarimu VC and 28th (Māori) Battalion Memorial Scholarships and Awards for 2023, Associate Education Minister and Ngarimu Board Chair, Kelvin Davis announced today. The recipients include doctoral, masters’ and undergraduate students. Three vocational training students and five wharekura students, ...4 days ago
- Appointment of Judge of the Court of Appeal and Judge of the High CourtHigh Court Judge Jillian Maree Mallon has been appointed a Judge of the Court of Appeal, and District Court Judge Andrew John Becroft QSO has been appointed a Judge of the High Court, Attorney‑General David Parker announced today. Justice Mallon graduated from Otago University in 1988 with an LLB (Hons), and with ...4 days ago
- NZ still well placed to meet global challengesThe economy has continued to show its resilience despite today’s GDP figures showing a modest decline in the December quarter, leaving the Government well positioned to help New Zealanders face cost of living pressures in a challenging global environment. “The economy had grown strongly in the two quarters before this ...4 days ago
- Western Ring Route CompleteAucklanders now have more ways to get around as Transport Minister Michael Wood opened the direct State Highway 1 (SH1) to State Highway 18 (SH18) underpass today, marking the completion of the 48-kilometre Western Ring Route (WRR). “The Government is upgrading New Zealand’s transport system to make it safer, more ...4 days ago
- Briefings to Incoming MinistersThis section contains briefings received by incoming ministers following changes to Cabinet in January. Some information may have been withheld in accordance with the Official Information Act 1982. Where information has been withheld that is indicated within the document. ...4 days ago
- Teaming up for a stronger, more resilient FijiAotearoa New Zealand Foreign Affairs Minister Nanaia Mahuta reaffirmed her commitment to working together with the new Government of Fiji on issues of shared importance, including on the prioritisation of climate change and sustainability, at a meeting today, in Nadi. Fiji and Aotearoa New Zealand’s close relationship is underpinned by the Duavata ...5 days ago
- Investment in blue highway a lifeline for regional economies and cyclone recoveryThe Government is delivering a coastal shipping lifeline for businesses, residents and the primary sector in the cyclone-stricken regions of Hawkes Bay and Tairāwhiti, Regional Development Minister Kiri Allan announced today. The Rangitata vessel has been chartered for an emergency coastal shipping route between Gisborne and Napier, with potential for ...5 days ago
- Next steps developing clean energy for NZThe Government will progress to the next stage of the NZ Battery Project, looking at the viability of pumped hydro as well as an alternative, multi-technology approach as part of the Government’s long term-plan to build a resilient, affordable, secure and decarbonised energy system in New Zealand, Energy and Resources ...5 days ago
- Statement from the Prime Minister on Stuart NashThis morning I was made aware of a media interview in which Minister Stuart Nash criticised a decision of the Court and said he had contacted the Police Commissioner to suggest the Police appeal the decision. The phone call took place in 2021 when he was not the Police Minister. ...6 days ago
- CPTPP Trade Ministers coming to AucklandThe Government’s sharp focus on trade continues with Aotearoa New Zealand set to host Trade Ministers and delegations from 10 Asia Pacific economies at a meeting of Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) Commission members in July, Minister for Trade and Export Growth Damien O’Connor announced today. “New Zealand ...6 days ago
- Govt approves $25 million extension for cyclone-affected businesses$25 million boost to support more businesses with clean-up in cyclone affected regions, taking total business support to more than $50 million Demand for grants has been strong, with estimates showing applications will exceed the initial $25 million business support package Grants of up to a maximum of $40,000 per ...6 days ago
- More than 160,000 new Kiwis to call NZ home80 per cent of 2021 Resident Visas applications have been processed – three months ahead of schedule Residence granted to 160,000 people 84,000 of 85,000 applications have been approved Over 160,000 people have become New Zealand residents now that 80 per cent of 2021 Resident Visa (2021RV) applications have been ...6 days ago
- New Zealand to attend regional security meeting in AustraliaThe Lead Coordination Minister for the Government’s Response to the Royal Commission’s Report into the Terrorist Attack on the Christchurch Mosques travels to Melbourne, Australia today to represent New Zealand at the fourth Sub-Regional Meeting on Counter-Terrorism and Transnational Security. “The Government is committed to reducing the threat of terrorism ...6 days ago
- Health and safety action plan for portsThe health and safety practices at our nation’s ports will be improved as part of a new industry-wide action plan, Workplace Relations and Safety, and Transport Minister Michael Wood has announced. “Following the tragic death of two port workers in Auckland and Lyttelton last year, I asked the Port Health ...6 days ago
- Bikes and scooters to be exempt from FBTBikes, electric bikes and scooters will be added to the types of transport exempted from fringe benefit tax under changes proposed today. Revenue Minister David Parker said the change would allow bicycles, electric bicycles, scooters, electric scooters, and micro-mobility share services to be exempt from fringe benefit tax where they ...6 days ago
- Foreign Affairs Minister to reaffirm our close relationship with FijiForeign Affairs Minister Nanaia Mahuta will hold bilateral meetings with Fiji this week. The visit will be her first to the country since the election of the new coalition Government led by Prime Minister and Minister of Foreign Affairs Sitiveni Rabuka. The visit will be an opportunity to meet kanohi ki ...7 days ago
- New legislation to streamline Cyclone recoveryThe Government is introducing the Severe Weather Emergency Legislation Bill to ensure the recovery and rebuild from Cyclone Gabrielle is streamlined and efficient with unnecessary red tape removed. The legislation is similar to legislation passed following the Christchurch and Kaikōura earthquakes that modifies existing legislation in order to remove constraints ...7 days ago
- Cost of living package: More bread and butter support for Kiwi familiesApproximately 1.4 million people will benefit from increases to rates and thresholds for social assistance to help with the cost of living Superannuation to increase by over $100 a pay for a couple Main benefits to increase by the rate of inflation, meaning a family on a benefit with children ...1 week ago
- Freeing up more government bandwidth and money to focus on the cost of living$1 billion in savings which will be reallocated to support New Zealanders with the cost of living A range of transport programmes deferred so Waka Kotahi can focus on post Cyclone road recovery Speed limit reduction programme significantly narrowed to focus on the most dangerous one per cent of state ...1 week ago
- State of National Emergency to end for Tairāwhiti and Hawke’s BayThe remaining state of national emergency over the Tairāwhiti and Hawke’s Bay regions will end on Tuesday 14 March, Minister for Emergency Management Kieran McAnulty announced today. Minister McAnulty gave notice of a national transition period over these regions, which will come into effect immediately following the end of the ...1 week ago
- Government delivers on Dawn Raids commitmentThe Government is today delivering on one of its commitments as part of the New Zealand Government’s Dawn Raids apology, welcoming a cohort of emerging Pacific leaders to Aotearoa New Zealand participating in the He Manawa Tītī Scholarship Programme. This cohort will participate in a bespoke leadership training programme that ...1 week ago
- New plan to increase productivity and high wage jobs across advanced manufacturing sectorIndustry Transformation Plan to transform advanced manufacturing through increased productivity and higher-skilled, higher-wage jobs into a globally-competitive low-emissions sector. Co-created and co-owned by business, unions and workers, government, Māori, Pacific peoples and wider stakeholders. A plan to accelerate the growth and transformation of New Zealand’s advanced manufacturing sector was launched ...1 week ago
- Aotearoa New Zealand supports Pacific countries to combat animal disease New Zealand will provide support for Pacific countries to prevent the spread of harmful animal diseases, Associate Minister of Agriculture Meka Whaitiri said. The Associate Minister is attending a meeting of Pacific Ministers during the Pacific Week of Agriculture and Forestry in Nadi, Fiji. “Highly contagious diseases such as African ...1 week ago
- Government delivers better public transport for ChristchurchThe Public Transport Futures project will deliver approximately: 100 more buses providing a greater number of seats to a greater number of locations at a higher frequency Over 470 more bus shelters to support a more enjoyable travel experience Almost 200 real time display units providing accurate information on bus ...2 weeks ago
- Minister praises education heroes in cyclone damaged regionsAll but six schools and kura have reopened for onsite learning All students in the six closed schools or kura are being educated in other schools, online, or in alternative locations Over 4,300 education hardpacks distributed to support students Almost 38,000 community meals provided by suppliers of the Ka Ora ...2 weeks ago
- Government investments drive health and business outcomes in the Bay of PlentyA new health centre has opened with financial support from the Government and further investment has been committed to projects that will accelerate Māori economic opportunities, Regional Development Minister Kiri Allan says. Community health provider QE Health will continue its long history in Rotorua with the official opening of the ...2 weeks ago
- UK NZ Working Holiday Scheme upgradedThe new three year NZ UK Working Holiday Visas (WHV) will now be delivered earlier than expected, coming into force by July this year in time to support businesses through the global labour shortages Prime Minister Chris Hipkins says. The improved WHV, successfully negotiated alongside the NZ UK Free trade ...2 weeks ago
- 2023 Offshore Renewable Energy Forum, New PlymouthIt seems like only yesterday that we launched the discussion document Enabling Investment in Offshore Renewable Energy, which is the key theme for this Forum. Everyone in this room understands the enormous potential of offshore wind in Aotearoa New Zealand – and particularly this region. Establishing a regime to pave ...2 weeks ago
- Milestone reached in crack down on gangsPolice has reached a major milestone filing over 28,000 charges related to Operation Cobalt. “I’m extremely proud of the fantastic work that our Police has been doing to crack down on gangs, and keep our communities safe. The numbers speak for themselves – with over 28,000 charges, Police are getting ...2 weeks ago
- New funding for Cyclone waste removalThe Government will provide $15 million in the short term to local councils to remove rubbish, as a longer-term approach is developed, the Minister for Emergency Management Kieran McAnulty announced today. “Several regions are facing significant costs associated with residential waste removal, which has the potential to become a public ...2 weeks ago
- Government working faster and smarter to support response and recovery$15 million of immediate reimbursement for marae, iwi, recognised rural and community groups $2 million for community food providers $0.5 million for additional translation services Increasing the caps of the Community and Provider funds The Government has announced $17.5 million to further support communities and community providers impacted by Cyclone ...2 weeks ago
- More Māori getting access to mental health and addiction servicesThe Government’s approach of using frontline service providers to address inequities for Māori with mental health and addiction needs is making good progress in many communities, a new report says. An independent evaluation into the Māori Access and Choice programme, commissioned by Te Whatu Ora has highlighted the programme’s success ...2 weeks ago
- Newsroom daily quiz, Tuesday 21 March
Loading...(function(i,s,o,g,r,a,m){var ql=document.querySelectorAll('A[quiz],DIV[quiz],A[data-quiz],DIV[data-quiz]'); if(ql){if(ql.length){for(var k=0;k<ql.length;k++){ql[k].id='quiz-embed-'+k;ql[k].href="javascript:var i=document.getElementById('quiz-embed-"+k+"');try{qz.startQuiz(i)}catch(e){i.start=1;i.style.cursor='wait';i.style.opacity='0.5'};void(0);"}}};i['QP']=r;i[r]=i[r]||function(){(i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)})(window,document,'script','https://take.quiz-maker.com/3012/CDN/quiz-embed-v1.js','qp'); Got a good quiz question? Send Newsroom your questions. ...37 mins ago - Daily crossword, Tuesday 21 March
...37 mins ago - ‘It can be done. It must be done’: IPCC delivers definitive report on climate change, and where ...
Source: The Conversation (Au and NZ) – By Frank Jotzo, Professor, Crawford School of Public Policy and Head of Energy, Institute for Climate Energy and Disaster Solutions, Australian National University IISD/ENB The world is in deep trouble on climate change, but if we really put our shoulder to ...3 hours ago - New Caledonia’s lone daily newspaper ceases publication after 52 yearsRNZ Pacific New Caledonia’s only daily newspaper, Les Nouvelles Calédoniennes, has folded after the commercial court accepted the publishing company’s request for its liquidation. The court had deferred its decision by a day after an injunction by the public prosecutor who wanted to see if there was still a possibility ...3 hours ago
- Traditional chiefs still have strong place in Fiji, says linguistBy Arieta Vakasukawaqa in Suva The installation of the Turaga Bale na Vunivalu Na Tui Kaba, Ratu Epenisa Cakobau, clearly indicates that Fiji’s traditional chiefly system still has a strong footing and chiefs still command respect among the country’s citizens. This is the view of Dr Paul Geraghty, the University ...3 hours ago
- How the USP political saga may end the era of Bainimarama and FijiFirstANALYSIS: By Shailendra Bahadur Singh in Suva The long-running row between the former Fiji government and the Suva-based regional University of the South Pacific (USP) has come back to haunt former Fiji Prime Minister Voreqe Bainimarama, who spent a night in a police cell on March 9 before appearing in ...3 hours ago
- Pro-independence party Tavini’s heals rift with ‘unity and credibility’ congressBy Antoine Samoyeau in Pape’ete About 3000 activists of French Polynesia’s pro-independence Tavini Huiraatira party met for six hours at the weekend with the executives insisting that they were “united’ after a recent upheaval over leadership. The party also presented a “renewed” slate of 73 candidates for next month’s territorial ...4 hours ago
- First Australian charged with war crime of murder in AfghanistanSource: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra The first arrest has been made following the Brereton inquiry into allegations that Australians committed war crimes in Afghanistan. Former SAS soldier, Oliver Schulz, 41, has been remanded in custody after his arrest by ...9 hours ago
- Super Rugby Aupiki semis review: Matatū, Manawa, rugby all winners on the day
We have our 2023 finalists after a big Sunday double-header at North Shore Stadium. Alice Soper reviews. Matatū vs Blues Matatū have scored the first try in every match they have played this season. It looked like this streak was going to be broken as the Blues finally found ...9 hours ago - What is myrtle rust and why has this disease closed Lord Howe Island to visitors?Source: The Conversation (Au and NZ) – By Robert Park, Judith and David Coffey Chair in Sustainable Agriculture, Plant Breeding Institute, University of Sydney Shutterstock Some 70% of the World Heritage-listed Lord Howe Island has been closed to non-essential visitors in response to a recurrence of the plant ...10 hours ago
- Scammers can slip fake texts into legitimate SMS threads. Will a government crackdown stop them?Source: The Conversation (Au and NZ) – By Suranga Seneviratne, Senior Lecturer – Security, University of Sydney Shutterstock Are you tired of receiving SMS scams pretending to be from Australia Post, the tax office, MyGov and banks? You’re not alone. Each year, thousands of Australians fall victim to ...11 hours ago
- Introducing Fear and Wonder: The Conversation’s new climate podcastSource: The Conversation (Au and NZ) – By Misha Ketchell, Editor, The Conversation Thanks in no small part to the work of the Intergovernmental Panel on Climate Change (IPCC), today few people would be foolish enough to dispute the scientific consensus on the climate crisis. But as ...11 hours ago
- Why sports stars get less support than other injured workers – and how we can fix itSource: The Conversation (Au and NZ) – By Eric Windholz, Senior Lecturer and Associate, Monash Centre for Commercial Law and Regulatory Studies, Monash University Inadequate, inequitable, and in some cases possibly in breach of workers’ compensation laws. That’s how bad the current insurance arrangements are for Australia’s professional sports people, ...11 hours ago
- New Police Minister Must Check Police Equations Behind Firearm Fee Increase
The newly-minted Police Minister, Ginny Andersen, has been called on by the Council of Licensed Firearm Owners (COLFO) to investigate how the previous Minister allowed Police to propose extraordinary fee increases for licensed firearm owners without ...12 hours ago - How did millions of fish die gasping in the Darling – after three years of rain?Source: The Conversation (Au and NZ) – By Richard Kingsford, Professor, School of Biological, Earth and Environmental Sciences, UNSW Sydney Bill Ormonde, Author provided Millions of dead fish float on the surface of the river. Native bony herring and introduced young carp, as well as a few mature ...13 hours ago
- Ginny Andersen named new Minister of Police
Ginny Andersen will be the new minister of police, Prime Minister Chris Hipkins says. ...13 hours ago - Free Information And Advice In Your LanguageThings make more sense when people are speaking your language! This CAB Awareness Week (20-26 March), we are celebrating diversity and multiculturalism within our service. At the Citizens Advice Bureau, we are committed to making sure our service ...13 hours ago
- All spaces great and small: Week two of the Auckland Arts FestivalThe second week of the Auckland Arts Festivals showed the versatility of the city’s spaces, even when not matched entirely correctly with shows. Sam Brooks reviews (with assistance from Shanti Mathias). I often dismay at the lack of performance spaces we have in Auckland, and it takes something like the ...13 hours ago
- Getting Flipped By The BirdThe free and easy SMS two factor authentication (2FA) to log into your Twitter account ends today. That concerns Privacy Commissioner Michael Webster because it takes away one of the most common ways to verify who users are on their free accounts, which ...13 hours ago
- Junior minister Ginny Andersen takes over police role from Stuart NashNew Zealand’s new minister of police will be one of the freshest faces around the cabinet table. Ginny Andersen, the MP for Hutt South, has been named as the new minister taking over from Stuart Nash. Andersen first became an MP in 2017 and only became a minister for the ...13 hours ago
- More bailey bridges confirmed for restoring access after cycloneRoad workers have reported being subjected to abuse by passing motorists, which is unacceptable, Prime Minister Chris Hipkins says. ...13 hours ago
- Cyclone Gabrielle: More damaged roads reconnectedThe government has announced further roading reconnections, several weeks on from Cyclone Gabrielle. Earlier this morning it was confirmed the link between Napier and Taupō had been reestablished. And now, transport minister Michael Wood said another six bailey bridges would be constructed. “Our immediate priority has been to reopen lifeline ...14 hours ago
- Government Should Not Be Spending Taxpayer Money To Lobby ItselfThe Taxpayers’ Union has slammed the revelation that government agencies and State Owned Enterprises are spending hundreds of thousands of taxpayers’ dollars on lobbying firms as revealed by Radio NZ this morning. Taxpayers’ Union Campaigns Manager, ...14 hours ago
- Foreign Minister Mahuta to visit China counterpartNew Zealand's Foreign Minister Nanaia Mahuta is leaving for Beijing tomorrow to meet with China's State Councillor and Foreign Minister Qin Gang. ...14 hours ago
- ‘A place to dance and a place to cry’: Pride (R)evolution is an authentic exhibition for queer c...Source: The Conversation (Au and NZ) – By Peter McNeil, Distinguished Professor of Design History, UTS, University of Technology Sydney Sydney World Pride and Mardi Gras 2023 were a huge success. Sydney was activated in a way rarely seen – block and street parties, cultural festivals and dance parties for ...14 hours ago
- Mahuta heading to China – first visit by a minister since 2019For the first time since 2019, a New Zealand minister will head to China this week. Foreign minister Nanaia Mahuta will meet with her Chinese counterpart Qin Gang in Beijing. “I intend to discuss areas where we cooperate, such as on trade, people-to-people and climate and environmental issues. I will ...14 hours ago
- Chief Ombudsman Concludes Investigation Into Council Decisions Over National Erebus MemorialThe Chief Ombudsman Peter Boshier has completed his investigation into complaints about Auckland Council’s role in the National Erebus Memorial project. The complaints relate to the council’s approval and consents process for the memorial site in ...14 hours ago
- The post-COVID crisis hit Queensland hardest. With 100,000 households needing low-cost housing, here...Source: The Conversation (Au and NZ) – By Hal Pawson, Professor of Housing Research and Policy, and Associate Director, City Futures Research Centre, UNSW Sydney Pandemic-generated pressures have left our rental housing market reeling. Australia-wide, vacancy rates are at rock-bottom levels. Rents are soaring at record rates. Queensland has ...14 hours ago
- Review: Homegrown remains New Zealand’s most consistent music festivalThe first edition felt like a breath of fresh, local music-filled air. This year, with many of the same headliners as 2008 (and every year since), the formula has grown stale. It’s finally time to admit that on a cold night in Palmy 20 years ago, I felt Shihad frontman ...15 hours ago
- Review: The Homegrown festival formula needs a shake-upThe first edition felt like a breath of fresh, local music-filled air. This year, with many of the same headliners as 2008 (and every year since), the long-running Wellington festival has grown stale. It’s finally time to admit that on a cold night in Palmy 20 years ago, I felt ...15 hours ago
- Anti-trans activist’s visit now under reviewThe anti-transgender activist that provoked aggressive protests in Australia over the weekend may not be able to enter New Zealand. Kellie-Jay Keen-Minshull, the British anti-transgender campaigner, is scheduled to visit New Zealand next weekend for two public events. But according to a new statement from Immigration NZ, her ability to ...15 hours ago
- Local Government Minister Should Meet Taxpayers’ Union On Three WatersThe New Zealand Taxpayers’ Union is pleased to hear that the Minister of Local Government, Kieran McAnulty, has invited concerned mayors to the Beehive to discuss the Three Waters reforms but believe he should meet with the country’s largest ...15 hours ago
- NSW Resolve poll has narrow lead for Labor five days before electionSource: The Conversation (Au and NZ) – By Adrian Beaumont, Election Analyst (Psephologist) at The Conversation; and Honorary Associate, School of Mathematics and Statistics, The University of Melbourne Dan Himbrechts/Paul Braven/AAP The New South Wales state election will be held on Saturday. I had a preview of both ...15 hours ago
- Breaking: Anti-trans campaigner’s NZ visit ‘under reviewWhether the anti-trans campaigner can enter the country without a visa is now up in the air. Controversy surrounds the upcoming visit by Kellie-Jay Keen-Minshull, the British anti-transgender campaigner on a global tour who is scheduled to visit New Zealand next weekend for two public events. During an appearance in Melbourne ...15 hours ago
- Pharmac prioritised Māori and Pacific patients for access to new diabetes drugs – did they get it...Source: The Conversation (Au and NZ) – By Lynne Chepulis, Associate Professor Health Sciences, University of Waikato Getty Images The controversial 2021 decision by the government drug-buying agency Pharmac to prioritise Māori and Pacific patients in its funding of two game-changing new diabetes drugs appears to have paid ...17 hours ago
- Why a teal deal has no appealThe idea of the Greens flirting with National gets an airing before almost every election. It remains as much of a nonstarter as ever, writes Henry Cooke. This article was first published in Henry Cooke’s politics newsletter, Museum Street. It’s far more reliable than clockwork. Every election cycle – often several ...17 hours ago
- Lotto draw raises $11.7m for Cyclone Gabrielle reliefWith half the value of all Lotto, Powerball and Strike tickets going to cyclone relief, the "Must-be-won" draw for $15.5 million on Saturday went to a Canterbury player. ...17 hours ago
- Wayne Brown (re)declares war on road conesAuckland’s mayor has taken aim at road closures and traffic disruption around the super city, revealing a plan to reduce road cones. Wayne Brown had previously pledged to clean up the city of road cones and set it out as an “immediate priority” for the council’s transport agency. Now, he’s ...17 hours ago
- Credit Suisse is the car crash in its own Bonfire of the Vanities
The name's Bond – unhedged Treasury bond. Jonathan Milne argues that bond traders have again become sexy, for all the wrong reasons. Analysis: Giant Swiss bank UBS has agreed to buy its rival Credit Suisse for 3 billion Swiss francs (US$3.23 billion) and to assume up to $5.4 billion in losses, in a shotgun ...18 hours ago - A dummy’s guide to having your say on the Auckland budget‘Don’t fucking come and talk to me, write a submission,’ reckons Mayor Wayne Brown. So how do you do that? Let’s be honest, most people don’t understand local politics. We know that we vote for a mayor and councillors every couple of years, and that’s about it. But local politics ...18 hours ago
- Major cyclone-damaged highway reopensThe link between Napier and Taupō has reopened this week for the first time since it was damaged in Cyclone Gabrielle. State highway five will be open to all traffic between 7am and 7pm, with overnight closure points at Kaimata Road, Glengarry Road and Matea Road. Kiri Allan, the associate ...19 hours ago
- Geoffrey Miller’s Political Roundup: NZ’s Middle East strategy, 20 years after the Iraq WarAnalysis by By Geoffrey Miller. Political Roundup: NZ’s Middle East strategy, 20 years after the Iraq War This week marks the twentieth anniversary of the Iraq War. While it strongly opposed the US-led invasion, New Zealand’s then Labour-led government led by Prime Minister Helen Clark did deploy military engineers to try to help rebuild Iraq ...19 hours ago
- Your bank is here to helpIf you find yourself stressing about the cost of living crisis and how it will impact your home loan, talking to your bank as soon as possible is important. If you are experiencing financial challenges or think you might in the future, it’s important to reach out to your bank ...20 hours ago
- The plan to end classroom streaming by 2030, explainedDespite being entrenched practice in New Zealand schools, the practice of academic streaming in schools might not be around much longer. A plan launched today sets out a pathway to achieve this. If you went to school in Aotearoa, odds are that streaming was part of your experience. The numerically-inclined ...20 hours ago
- High Number Of Dog Attacks Concerns Child Health ExpertsThe Paediatric Society of New Zealand/Te Kāhui Mātai Arotamariki o Aotearoa are very concerned about the high number of tamariki injured by dogs in Aotearoa. Auckland emergency doctor Natasha Duncan-Sutherland says, “Over 2800 dog-related injuries ...20 hours ago
- The Bulletin: Candidate selected to replace Grant Robertson in WellingtonMP Ibrahim Omer will replace Grant Robertson as Labour’s candidate in the Wellington Central electorate after beating former party president Claire Szabo in the candidate selection race. Omer arrived in New Zealand as a refugee and worked as a cleaner before enrolling at Victoria University in 2014. “As someone who has ...20 hours ago
- Alcohol Advertising On Social Media PlatformsA new report from Australia highlights the significant community exposure to alcohol advertising through social media platforms. Over a one-year period researchers observed nearly 40,000 advertisements from a subset of alcohol-related accounts on Meta platforms ...20 hours ago
- The ‘great resignation’ didn’t happen in Australia, but the ‘great burnout’ didSource: The Conversation (Au and NZ) – By Leah Ruppanner, Professor of Sociology and Founding Director of The Future of Work Lab, The University of Melbourne pexels/tara winstead, CC BY-SA You’ve probably heard about the “great resignation” which saw large numbers of people resigning from their jobs in ...20 hours ago
- Ozempic helps weight loss by making you feel full. But certain foods can do the same thing – witho...Source: The Conversation (Au and NZ) – By Emma Beckett, Senior Lecturer (Food Science and Human Nutrition), School of Environmental and Life Sciences, University of Newcastle Shutterstock You’ve probably heard about the medication Ozempic, used to manage type 2 diabetes and as a weight loss drug. Ozempic (and ...20 hours ago
- Extinct but not gone – the thylacine continues to fascinate usSource: The Conversation (Au and NZ) – By Menna Elizabeth Jones, Associate Professor in Zoology, University of Tasmania Human life on Earth is utterly dependent on biodiversity but our activities are driving an increase in extinctions. Yet some extinct species continue to hold our fascination. New methods in genetics and ...20 hours ago
- School principals are reaching crisis point, pushed to the edge by mounting workloads, teacher short...Source: The Conversation (Au and NZ) – By Paul Kidson, Senior Lecturer in Educational Leadership, Australian Catholic University Shutterstock Australian schools have been under huge pressures in recent years. On top of concerns about academic progress and staff shortages, schools have faced significant, ongoing disruptions due to ...20 hours ago
- The Greens don’t want to be taken for granted anymoreThe Green Party has made it clear it’s frustrated after being shafted by Labour during last week’s so-called policy bonfire. The prime minister recently ditched a number of policies announced during Jacinda Ardern’s tenure, many of which were backed strongly by the Greens. In a state of the nation address ...21 hours ago
- Is this the end of interest rate rises?The US banking crisis may help force a rethink by the Reserve Bank here, writes Catherine McGregor in this excerpt from The Bulletin, The Spinoff’s morning news round-up. To receive The Bulletin in full each weekday, sign up here. Did last week’s turmoil stop interest rate hikes in their tracks? ...21 hours ago
- Frustrated Greens take aim at 'visionless government' and possible National-ACT coalitionThe Greens have laid down a challenge to potential coalition partners: come to the table with faster and stronger climate action if you want our support. ...22 hours ago
- Jim Mather on the founding days of Whakaata MāoriThe early days of Māori Television were chaotic. After the founding CE was fired and imprisoned for fraud, Dr. Jim Mather was tapped to lead the fledging broadcaster. An account with no previous media experience, he was an unlikely choice for the role, but ended up leading the channel through ...22 hours ago
- The utter folly of cutting public transport funding in the regionsRegional public transport is where money can do the most good in the shortest time. So why is the government giving the regions’ funding to the main centres? I used to think of public transport mainly as a way to reduce our environmental impact. It was only when I started ...23 hours ago
- How much blood is too much blood during your period?The most recent piece of research on actual menstrual blood volume was conducted in 1964, which has left many people without key health information, writes researcher Claire Badenhorst. Last month, after being in the office for only half a day, I headed home early for the sole reason that I ...24 hours ago
- Why our economy is too important to leave to the experts
The jargon-dense economic commentary reinforces our belief we are unqualified to have a view on how our economy should be designed, but it's time to democratise economics and demand an economy that works for people and the planet Opinion: Imagine a day when you tune into the financial news and the announcer reports: ...24 hours ago - Ports plan missing crucial customer voice
A plan to make ports safer places for workers has skipped insight from a critical player. ...24 hours ago - Does it pay to be a top author?
Does it pay to be a great novelist in New Zealand? The Detail talks to two authors about how they make a living spinning a good yarn. Catherine Chidgey Catherine Chidgey has been writing novels for almost 30 years - and she's one of our most celebrated writers on the scene ...24 hours ago - The secret to success with India
Australia's ties with India have blossomed, while NZ's have stagnated - here's why. ...24 hours ago - How to sell 30,000 copies of a self-published debut novel
The amazing success story of a Takapuna writer In 2021, I self-published The Lighthouse, a novel I had been working on for 10 years. Something that kept me going was the thought I might one day walk into a bookstore and see my book sitting on the shelf. Would ...24 hours ago - Farming: The next steps
Watch video: In part 4 of our video series, The Way Forward, Rod Oram looks at big new ideas that can lead our response to climate change and improve sustainability. Agriculture generates half New Zealand’s greenhouse gases, but the sector is still moving very slowly and reluctantly towards cutting ...24 hours ago - Gold price surges as banking tensions worsen: 'Where might trouble appear next?'
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The second could be WFF; fiddle WFF down and raise the tax cuts.
P.S. PrEFU on Monday!
Why has JKey refused to debate Helen Clark on Radio New Zealand? Some of us listen to Radio NZ (200,000+ at times) a lot more than watch television and would appreciate such an opportunity to hear them both. Geoff Robinson almost sounded sarcastic (he hasn’t been sarcastic in three decades!) after Key’s patronising dismissal of the request this morning. After John Key said he was too busy to debate on Radio NZ, Geoff thanked him for taking time out of his busy schedule to talk to Morning Report.
Key on TV3 this morning:
Interviewer: “No extra borrowing from National to afford any of your programmes?”
Key: “Absolutely none.”
That is an outright whopper. McCain or Obama would get ridiculed if they came out with that sort of nonsense. So will Key be challenged on this by our media? Don’t get your hopes up. It’ll be left to some students on Agenda, doing the real work.
Key is a total drip – how stupid does he take people for? “we’re borrowing for infrastructure, not tax cuts”!!! I’m just amazed he has the audacity to spill such blatant lies and be still able to keep a straight face.
Appleboy, do we currently have national debt? Have we not just been given a tax cut? Exactly, so Cullen is “borrowing for tax cuts” too. It’s exactly the same (stupid) argument.
Rakaia Goerge. No because Labour isn’t increasing debt as a % of GDP to pay for tax cuts.
Rakaia George
You should watch the Money Masters too. Our whole finance system is based on debt.
It is a very unstable system and relies on the creation of more and more debt.
That is why John Key wants to borrow more. he knows that in the end not he but we get to pay the real price of this system with our resources and assets which he will happily sell to his banking mates, just like it has happened in the US.
SP you said “No because Labour isn’t increasing debt as a % of GDP to pay for tax cuts.”
ha ha, you’re a funny man. Such a twister of things to suit your own needs and desires. You have trouble standing up straight?
vto, you’re sometimes more coherent and interesting than this. Steve’s answer is completely correct, Labour has been reducing our debt (and the interest that we pay on it). Perhaps you should go have a nice cup of tea and a lie down vto.
I’ve previously been lead to expect a $50 tax cut from a National government in 2009. Quite how Key expects to achieve this on my $33k income I don’t know, but I’m looking forward to the tax policy release next week when they can paint that pretty picture for me.
r0b, SP’s standards on most things are completely rubbery. Can’t take him seriously.
What Rakaia George said above is correct, and SP is twisting things AGAIN to suit his own politics. And it seems you are too by selectively selecting.
Sometimes my comments may be a bit puerile but it is only response in kind.
Cullen has also borrowed for tax cuts. But carry on and spin it (I mean lie) – its election time after all.
Vto, National wants to borrow for tax cuts (like adding to the mortgage to buy a new car).
Labours did not borrow for tax cuts (it is still paying off the mortgage and buying a new car out of income).
Can you really not spot the difference? Open both eyes and try again. See it now?
Actually in truth vto, debt may increase a little even under Labour’s plans. That is a consequence of the current financial crisis, and it adds to the cost of National’s plans even more than it adds to Labour’s. But over all Labour has done well in bringing debt down.
r0b, bull. Labour could have had less borrowing if it did not have tax cuts. i.e. borrowing for tax cuts.
Whose eyes are shut?
We can see the effects of the credit crisis spilling over to NZ already. No time for more borrowing for tax cuts for the rich but high time to take back the stolen assets for nothing and get millions of kiwis cheering Labour on!
The Greens are calling Labour to use the Cullen Fund take back the South Island power lines leased to Wachovia Bank now taken over by Citigroup for next to nothing with most of its debt covered by the US government. The Greens are too polite. Time to take it back with no compensation!
http://www.scoop.co.nz/stories/PA0809/S00657.htm
Craig Norgate’s buyin to Siver Fern Farms stymied for lack of bank capital. “Mr Norgate says a number of banks that had committed to participate in funding the transaction had since been unable to finalise their credit approvals in time for today’s part-settlement”. Give us a few weeks he says…
New capitalisation of a single desk meat industry can be done by public investment from the Cullen Fund. Such social investment will carry with it social responsibility of the industry.
http://www.nbr.co.nz/article/pgg-wrightson-can-t-settle-silver-fern-farms-deal-35906
Instead of using our taxes to bail out the collapsing private sector, we should be demanding that public money is invested as equity which carries the right to plan the economy for peoples needs and not banksters profits.
Let’s hear how Key and Clark are facing up to this global credit crunch.
Actually r0b, it is not borrowing for tax cuts at all (either party). It is borrowing for govt expenditure. And a drop in income is not expenditure (except it seems in left circles, somewhat bizzarely, but not unexpectedly).
On the bright side, when the Nat’s give me my $50+ p/w tax cut (’cause I am after all an average person) then…well, let me put it this way. I don’t pay $50 p/w in tax at the moment.
Therefore I can only sensibly believe that Nat are going to increase benefit levels in order that they can tax me enough to give me my $50 tax cut.
Why didn’t they just say that instead of keeping us all guessing?
No wonder John Key is so worried about facing Helen Clark on public radio as she would wipe the floor with him. Faced with intelligent questioning instead of TV sycophants, and no ad breaks to escape into, he would have to actually answer some questions, such as this one.
r0b, bull. Labour could have had less borrowing if it did not have tax cuts. i.e. borrowing for tax cuts.
A certain level of government debt is considered usual and desirable – you don’t pay it off if the money can be used more productively in the economy. That’s what Labour have done, brought the debt down to this acceptable level, and given tax cuts. Compare with National who can only fund their wild promises by raising the debt level again – borrowing for tax cuts.
Actually r0b, it is not borrowing for tax cuts at all (either party). It is borrowing for govt expenditure. And a drop in income is not expenditure (except it seems in left circles, somewhat bizzarely, but not unexpectedly).
Bit late to start trying to get sophisticated now vto! Yes it is borrowing for tax cuts, that’s exactly what it is. That is true whether nor not tax cuts are regarded as expenditure or drop in income (a separate question).
You know r0b, when all the heat dissipates and the witty witticisms wilt the left and right are generally only arguing over degrees. I suspect that is the case here.
I agree a level of debt is prudent for a few purposes such as spreading costs over the generations and the productive us of money etc. It is just degrees that are being disputed.
We have to disagree on some things though. Labour somehow doesnt borrow for tax cust but the nats do (do you seriously believe anyone believes that?). Tax cuts as an increased expense or decreased income.
The problem many posters on this site run into imo is the uneven application of standards e.g. the nats lie but the labs dont. haha. nats borrow for cuts but lab doesnt. haha. thats when the puerile response is forthcoming, annoying all and sundry but completely deserved.
captcha” bambino likewise. ha ha
You know r0b, when all the heat dissipates and the witty witticisms wilt the left and right are generally only arguing over degrees. I suspect that is the case here.
Often the case yes, though I think there is genuine substance in this particular debate.
We have to disagree on some things though. Labour somehow doesnt borrow for tax cust but the nats do (do you seriously believe anyone believes that?).
Yes I do. National will announce their package next week. If it includes borrowing, they will get pinged for it by some media (though most will just go ga ga over the lollies).
The problem many posters on this site run into imo is the uneven application of standards e.g. the nats lie but the labs dont. haha. nats borrow for cuts but lab doesnt. haha.
It’s a partisan blog pushing lefty labour movement perspectives. It’s not exactly hiding the fact is it. But there’s a difference between partisan an puerile.
thats when the puerile response is forthcoming, annoying all and sundry but completely deserved.
Nope, you can do better, and you know you can do better.
r0b “But there’s a difference between partisan an puerile.” If that’s the case then it is a very fine line.
And the sheer quantum of partisan pu pushes it over that fine line.
And the holier than thou attitude smudges to ruin.
But as you say it a lefty blog… so what can be expected? Certainly not a full and complete picture on any particular issue. blah blah. still, a bit of fun ay..
Ummm didn’t Whale already lay claim to being puerile? We can’t take that away from him. You should probably leave the word for his exclusive use.
Yep. Here…
http://www.stuff.co.nz/sundaystartimes/4700052a6619.html
I couldn’t resist….
An alternative proposal to tax cuts
http://leninology.blogspot.com/2008/10/alternative-proposal.html
Any of you losers that are saying that actual crime has decreased in relative terms to population, are by extension saying that this crime is alright. This may well be true that it has decreased relatively, however on the whole violent crimes are on the increase, and probably more so in the areas of society, where the population, is not increasing as proportionately as the crime.
clinton, I can only hope that next time you are out of your house, some a**hole comes round and steals everything you own. Being a loser socialist though, you probably don’t own anything, as you’ve never got off your pimply butt to actually earn a respectable living and get ahead.
Having been the victim of two significant crimes this year, this is right now a hot issue for me. Having lived in the same place for a long time and not had any crime ever, for me personally it has increased tremendously.
And worse still, I had one of your horrible ilk tell me recently, that one of these crimes was ok, as these “down and outs” “need these chances to get ahead”.
I loathe, actually hate, anyone who is defending the current “crime wave” we are having in this country. If I ran into you smith, I would perpetrate some of mine own crime on you, for good measure.
Horrible little puke. Keep defending the indefensible.
IrishBill: that’s a ban for life and I’ll be asking Steve if he wants to lay a complaint with your ISP for threatening him.