John Key’s business experience
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4:20 pm, October 29th, 2008 - 9 comments
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- Long-term pathway next step to better mental wellbeing for New ZealandersThe Government is taking a new approach to support people who experience mental distress, Health Minister Andrew Little says. “Kia Manawanui Aotearoa – Long-term pathway to mental wellbeing (Kia Manawanui) is the first 10-year plan of its kind that targets the cause of mental distress and also sets out how ...2 days ago
- Keeping our Police safe to keep our communities safeThe Government is committed to keeping our frontline police officers safe, so they in turn can keep New Zealanders safe – with one of the largest investments in frontline safety announced by Police Minister Poto Williams at the Police College today. The $45 million investment includes $15.496 million in ...2 days ago
- Clean Vehicles Bill passes first checkpointThe Land Transport (Clean Vehicles) Amendment Bill will help New Zealand drive down transport emissions by cleaning up the light vehicle fleet, Transport Minister Michael Wood says. The Bill passed its first reading today and will establish the legislative framework for key parts of the Government’s Clean Car Package, including ...3 days ago
- Funding boost supports ongoing Māori COVID-19 responseThe Government is responding to the need by whānau Māori and Māori Health providers to support their ongoing work responding to COVID-19 and to continue increasing rates of Māori vaccination, Associate Minister for Health (Māori Health), Peeni Henare and Minister for Māori Development Willie Jackson announced today. This increased ...3 days ago
- Significant increase to COVID-19 penaltiesPenalties for breaches of COVID-19 orders are set to significantly increase from early November 2021 to better reflect the seriousness of any behaviour that threatens New Zealand’s response to the virus, COVID-19 Response Minister Chris Hipkins said today. “Throughout this Delta outbreak we’ve seen the overwhelming majority of people doing ...3 days ago
- Counter-Terrorism Legislation Bill returns to ParliamentThe Counter-Terrorism Legislation Bill has returned to Parliament for its second reading in an important step towards giving enforcement agencies greater power to protect New Zealanders from terrorist activity. “The Bill addresses longstanding gaps in our counter terrorism legislation that seek to protect New Zealanders and make us safer,” Justice ...3 days ago
- Joint Statement: New Zealand and Australian Trade MinistersHon Damien O'Connor MP, New Zealand Minister for Trade and Export Growth, and Hon Dan Tehan MP, Australian Minister for Trade, Tourism and Investment, met virtually on Monday 20 September to advance trans-Tasman cooperation under the Australia-New Zealand Closer Economic Relations Trade Agreement (CER). CER is one of the most ...4 days ago
- Prime Minister’s Post Cabinet Press Conference/COVID-19 Update opening statement***Please check against delivery*** E te tī, e te tā, nau mai rā [To all, I bid you welcome] As you will have seen earlier, today there are 22 new community cases to report; three of which are in Whakatiwai in the Hauraki area, and the remainder in ...4 days ago
- Major milestones for Māori COVID-19 vaccine rollout as new campaign launchesWhānau Ora and Associate Health (Māori Health) Minister Peeni Henare acknowledges two major milestones in the rollout of the COVID-19 vaccination programme for Māori. “I am very pleased to announce more than 50 percent of eligible Māori have received their first dose and 25 per cent are now fully vaccinated,” ...5 days ago
- Government funding to fight infectious diseases$36 million for research into Covid-19 and other infectious diseases The investment will improve our readiness for future pandemics Research will focus on prevention, control, and management of infectious diseases The Government’s investing in a new Infectious Diseases Research Platform to boost Aotearoa New Zealand’s Covid-19 response and preparedness for ...5 days ago
- Quarantine-free travel with Australia to remain suspended for a further 8 weeksSuspension to be reviewed again mid to late November Decision brought forward to enable access from Australia to first tranche of around 3000 rooms in MIQ Air New Zealand working at pace to put on more flights from Australia from October The suspension of quarantine-free travel (QFT) with Australia has ...7 days ago
- Extra support for Ethnic Communities to share vaccination informationExtra support is being made available to Ethnic Communities to help them share COVID-19 vaccination information within their communities, Minister for Diversity, Inclusion and Ethnic Communities Priyanca Radhakrishnan said. “We know we need to get every eligible person in New Zealand vaccinated. A fund being launched today will allow for ...1 week ago
- School holidays remain unchanged for Auckland regionSchool holidays in Auckland will continue to be held at the same time as the rest of the country, starting from Saturday, 2 October, Education Minister Chris Hipkins said today. “I’ve carefully considered advice on the implications of shifting the dates and concluded that on balance, maintaining the status quo ...1 week ago
- Government continues crackdown on gangs and organised crimeOperation Tauwhiro extended until March 2022 Since it was launched in February, Operation Tauwhiro has resulted in: 987 firearms seized $4.99 million in cash seized 865 people charged with a firearms-related offence Gangs and organised crime groups will continue to be relentlessly targeted with the extension of Police’s successful ...1 week ago
- Speech to Body Positive 'HIV Treatments Update Seminar 2021'E ngā mana E ngā reo E ngā iwi Tēnā koutou katoa Ka huri ki ngā mana whenua o te rohe nei. Tēnā koutou. He mihi hoki ki a tatou kua tau mai nei I raro I te kaupapa o te rā. Nō reira tēnā koutou katoa Acknowledgements It’s a ...1 week ago
- Power bill changes bring fairness to chargesA key recommendation of an independent panel to make electricity charges fairer across all households will be put in place, the Energy and Resources Minister Megan Woods has announced. “Phasing out the regulations on ‘low-use’ electricity plans will create a fairer playing field for all New Zealanders and encourage a ...1 week ago
- NZ economy’s strong momentum will support rebound from Delta outbreak; COVID fund replenishedThe economy showed strong momentum in the period leading up to the recent Delta COVID-19 outbreak, which bodes well for a solid economic rebound, Grant Robertson said. GDP rose 2.8 percent in the June quarter, following on from a 1.4 percent increase in the previous March quarter. This was a ...1 week ago
- Projects create benefits into the futureMaking a well-known lake swimmable and helping to halt the decline of the endangered hoiho/yellow-eyed penguins are among a suite of new projects being supported by the Government’s Jobs for Nature programme across the southern South Island, Conservation Minister Kiri Allan says. “It’s no secret that many of our most ...1 week ago
- Opening statement for Whāriki Indigenous Small Business RoundtableKei ngā tōpito e wha o te āo e rere ana te mihi maioha ki a koutou nō tawhiti, nō tata mai e tāpiri ana ki tēnei taumata kōrero mo te ao hokohoko arā mā ngā pākihi mo ngā iwi taketake Tēnā koutou, tēnā koutou katoa – Pai Mārire. ...1 week ago
- New members appointed to KāpuiaThe Government is adding four additional members to Kāpuia, the Ministerial Advisory Group on the Government’s Response to the Royal Commission of Inquiry into the terrorist attack on Christchurch mosques. “I’m looking forward to having Pamela MacNeill, Huia Bramley, Melani Anae and Katherine Dedo join Kāpuia and contribute to this group’s ...1 week ago
- Timeline confirmed for Emissions Reductions PlanCabinet has agreed to begin consulting on the Emissions Reduction Plan in early October and require that the final plan be released by the end of May next year in line with the 2022 Budget, the Minister of Climate Change, James Shaw confirmed today. “Cabinet’s decision allows organisations and communities ...1 week ago
- Pay parity pathway for early learning teachers confirmedPay parity conditions and higher funding rates for education and care services will come into force on 1 January, 2022, Minister of Education Chris Hipkins confirmed today. The Government signalled this work in Budget 2021. “From 1 January, 2022, centres opting into the scheme will receive government funding and be ...1 week ago
- Speech to the New Zealand Nurses Organisation Conference 2021Kia Ora tatau katoa. Ka tuku mihi ki nga nēhi, He pou Hauora o Aotearoa, E ora ai tatou. Whakatau mai I runga i te kaupapa o te ra Te NZNO conference. Tena koutou tena koutou Tena tatou katoa Good morning, and thank you inviting me ...1 week ago
- Government investment in farmer-led catchment groups sweeps past 150 mark171 catchment groups have now been invested in by the Government 31 catchment groups in the Lower North Island are receiving new support More than 5,000 farmers are focussed on restoring freshwater within a generation through involvement in catchment groups Government investment in on-the-ground efforts by farmers to improve land ...1 week ago
- Fight to protect kauri on trackThe Government is pitching in to help vital work to protect nationally significant kauri forests in Auckland, Minister of Conservation Kiri Allan says. “Ensuring the survival of these iconic trees for future generations means doing everything we can to prevent the potential spread of kauri dieback disease,” Kiri Allan said. ...1 week ago
- Joint statement of Mr Bernard Monk; Hon Andrew Little, Minister Responsible for Pike River Re-entry,...[Note: The Parties have agreed on terms to fully and finally settle the proceeding and will jointly issue the below statement.] At the heart of this litigation are the lives of the 29 men tragically lost at the Pike River mine on 19 November 2010 and to whom we pay ...1 week ago
- Government proposes tougher safety rules for adventure activity operators
The government wants to bring in tougher safety rules for adventure activity operators, in response to the deadly 2019 Whakaari / White Island eruption. ...32 mins ago - Letter to the Editor – MIQ
Dear Government Stop thanking me for doing my bit as an Aucklander. Why wouldn’t I? Stop celebrating the vaccination statistics when we could have been ahead of the game if you had just agreed to pay the asking price for the Pfizer vaccine way back ...53 mins ago - Keith Rankin Data Analysis – Table of Excess Deaths from Covid19
Data and Analysis by Keith Rankin. Keith Rankin. The table below uses raw-death data published downloaded from https://ourworldindata.org/grapher/excess-mortality-raw-death-count to predict what death numbers would have occurred in 2020 and 2021 had there been no Covid19 pandemic. The actual death numbers are compared with the predicted (counterfactual) numbers to calculated excess ...1 hour ago - Newsletter: New Zealand Politics Daily – September 24 2021Editor’s Note: Here below is a list of the main issues currently under discussion in New Zealand and links to media coverage. You can sign up to NZ Politics Daily as well as New Zealand Political Roundup columns for free here. Today’s content Modelling dispute, Govt Covid strategy RNZ: Modeller stands ...2 hours ago
- Late Pay Parity Red Tape Could See Teachers Miss Out On Pay Rise70% of surveyed providers won’t opt in to the government’s Pay Parity offer after months of waiting, meaning teachers could miss out on the pay increase promised by the Minister of Education. “Providers were promised Pay Parity progress and ...2 hours ago
- Medical Groups Should Canvass Members On ‘Conversion Therapy’ BanFamily First NZ is calling on the NZMA and the Pediatric Society to canvass its members after more than a quarter of doctors in the UK said that they did not support the British Medical Association (BMA) lobbying to ban ‘conversion therapy’. Both ...2 hours ago
- Super Fund money in blacklisted China firms criticised
Pension funds and institutional investors' talk about responsible investing is not being backed up when it comes to China, an international NGO says A new report has raised concerns about the Super Fund’s investments in Chinese companies blacklisted for their role in human rights abuses, saying pension funds should not ...2 hours ago - Beyond 90% – the graphs that tell the story of our vaccination challenges
A vaccination rate of nine out of every 10 eligible New Zealanders is a great headline number. But it can also be deceptive. The Spinoff’s head of data Harkanwal Singh explains.This work is only possible thanks to Spinoff Members. To support more important data journalism on the Spinoff, join now. Today ...2 hours ago - Surge In Imports Results In Record Monthly Trade DeficitImports increased $1.8 billion in August 2021 compared with August 2020, resulting in a record monthly trade deficit of $2.1 billion, Stats NZ said today. Exports were little changed, down $42 million. "This is a larger deficit than normal because ...2 hours ago
- New Zealand to donate more Covid-19 vaccines to the PacificNew Zealand is donating more Covid-19 vaccines to the Pacific and to the Covax initiative which supports global equitable access to vaccines. ...2 hours ago
- New Zealand Government Eases COVID-19 Lockdown In AucklandTom Peters, Socialist Equality Group 23 September 2021, original url https://www.wsws.org/en/articles/2021/09/23/auck-s23.html On Wednesday the lockdown in Auckland, New Zealand’s largest city, was eased from “alert level 4” to “level 3,” despite new cases of the highly infectious ...2 hours ago
- Surge In Imports Results In Record Monthly Trade DeficitImports increased $1.8 billion in August 2021 compared with August 2020, resulting in a record monthly trade deficit of $2.1 billion, Stats NZ said today. Exports were little changed, down $42 million. "This is a larger deficit than normal because ...2 hours ago
- Mayor: Reports, Public Opinion Cast Further Doubt On Three Waters ReformTwo new reports received by Timaru District Council show that case for Three Waters Reform isn’t as compelling as the Government claims, and a significant majority of the community polled also aren’t convinced. Councillors considering their official ...2 hours ago
- Government agreed to subsidise MIQ costs for international sports starsThe government agreed to subsidise international sports stars' managed isolation and quarantine bills last year - paying hundreds of thousands of dollars per team. ...4 hours ago
- Angela Merkel’s career shows why we need more scientists in politicsSource: The Conversation (Au and NZ) – By Emma Johnston, Professor and Dean of Science, UNSW For 16 years, German chancellor Angela Merkel has guided her country through wave after wave of uncertainty, from the 2008 global financial crisis to Brexit, the imperative to drop fossil fuels, and of course ...4 hours ago
- On the eve of an AFLM grand final like no other, can the shadow of the pandemic make us strive for s...Source: The Conversation (Au and NZ) – By Matthew Klugman, Research Fellow, Institute for Health & Sport, member of the Community, Identity and Displacement Research Network, and Co-convenor of the Olympic Research Network, Victoria University On the last Saturday of September every year many of the inhabitants of Melbourne, and ...4 hours ago
- Tom Wills’ story is the AFL’s opportunity for truth telling about its ugly historySource: The Conversation (Au and NZ) – By Jess Coyle, Lecturer, Sports Management, Western Sydney University This article discusses colonial violence against First Nations peoples. There is reference to people who are now deceased. There has been a new revelation by researcher Gary Fearon that cricketer and founding father ...4 hours ago
- German election: the race to replace Angela Merkel and why it matters to New ZealandSource: The Conversation (Au and NZ) – By Mathew Doidge, Senior Research Fellow, University of Canterbury Shutterstock From a distance, the big news about Germany’s coming election on September 26 is the end of Angela Merkel’s reign after 16 years of leadership in Germany and Europe. Closer up, ...4 hours ago
- New preliminary evidence suggests coronavirus jumped from animals to humans multiple timesSource: The Conversation (Au and NZ) – By Hamish McCallum, Director, Centre for Planetary Health and Food Security, Griffith University The origin of the SARS-CoV-2 virus, which has caused the COVID-19 pandemic, has been hotly debated. This debate has caused substantial difficulties in the Australia-China relationship, with a call by ...4 hours ago
- Live updates, September 24: TPM modelling criticised for causing ‘unnecessary fear’Welcome to The Spinoff’s live updates for September 23, by Alice Neville. 8.00am: TPM modelling criticised for stoking ‘unnecessary fear’Economic modeller Rodney Jones has continued his criticism of Te Pūnaha Matatini’s modelling of the future of New Zealand’s Covid response, which was presented by Shaun Hendy at yesterday’s 1pm government briefing. ...4 hours ago
- The sun’s shining and snakes are emerging, but they’re not out to get you. Here’s what they’...Source: The Conversation (Au and NZ) – By Timothy N. W. Jackson, Postdoctoral Research Fellow, Australian Venom Research Unit, The University of Melbourne Shutterstock It’s early spring in southern Australia and the sun is, gloriously, out. You decide to head to your local patch of greenery – by ...4 hours ago
- Vital Signs: a simple way to cut carbon emissions — don’t let polluters hideSource: The Conversation (Au and NZ) – By Richard Holden, Professor of Economics, UNSW Shutterstock World leaders and about 30,000 others from assorted interest groups will converge on Glasgow in November for the United Nations’ 26th annual climate summit, COP26 (“Conference of the Parties”). It will be five ...4 hours ago
- Hidden women of history: Annie Lock was a bolshie, outspoken Australian missionary, full of contradi...Source: The Conversation (Au and NZ) – By Catherine Bishop, Postdoctoral Fellow, Macquarie University Missionary Annie Lock with Enbarda (Betsy) left, and Dolly Cumming, both children from the Alice Springs area in Central Australia. Photo taken in Darwin. National Archives of Australia Aboriginal and Torres Straight Islander readers are ...4 hours ago
- What our vaccinated future could look likeNearly everyone needs a jab to avoid more level four lockdowns, according to the government’s latest research, Justin Giovannetti writes in The Bulletin.Vaccinations alone won’t be enough to control delta. Jacinda Ardern made the case for near universal vaccination rates yesterday as she unveiled new modelling from Te Pūnaha Matatini that ...5 hours ago
- NZ gives vaccine to islands – but needs help reaching its own Pacific peoples
The 712,000 doses are belated but welcome fulfilment of NZ's commitment to more vulnerable neighbouring nations, writes Jonathan Milne. Now NZ must address its own vaccine inequities. Analysis: When Pacific island nations distribute the vaccine to teenagers, the messaging is a little different to that in New Zealand. No, the vaccine will not change ...6 hours ago - Covid-19 vaccination programme moving away from 'one-size-fits-all' approachBusinesses are launching their own vaccination campaigns to reach people they say are being overlooked by the government's messaging. ...6 hours ago
- Covid-19 vaccination campaign needs to move away from 'one-size-fits-all' approachBusinesses are launching their own vaccination campaigns to reach people they say are being overlooked by the government's messaging. ...6 hours ago
- Five prickly questions: The legal minefield around work and vaccines
Businesses are struggling with what to do around Covid vaccinations in the workforce, with oft-conflicting legislation and little clarity from Government. ...7 hours ago - Newsroom daily quiz, Friday 24 September7 hours ago
- Newsroom daily crossword, Friday 24 September7 hours ago
- What is rapid testing and when is it coming to New Zealand?DIY Covid-19 tests are all the rage overseas but how do they work and are they any good? Mirjam Guesgen finds out.What is rapid testing?Rapid tests are also called antigen tests, RATs (rapid antigen test), at-home tests, lateral flow tests, or self tests.Rapid tests look and work a lot like ...8 hours ago
- The beacons and black holes of NZ’s big new mental health planA new plan for mental health for the next decade makes for welcome reading. But important questions await, writes community mental health expert Dr Kaaren Mathias.This week Kia Manawanui was unveiled: a new 10-year plan for mental health. Kia manawanui means to be resolute, steadfast and committed and this “action ...8 hours ago
- Celebrating the cursed slides of AotearoaIn a month that saw one of Wellington’s most famous slides finally dismantled, The Spinoff writers remember some of the death-defying structures that have made us who we are. There is no childhood experience quite like getting your ass absolutely handed to you by a slide. Many can relate to the ...8 hours ago
- This week's best-selling books
This week's biggest-selling New Zealand books, as recorded by the Nielsen BookScan New Zealand bestseller list and described by Steve Braunias FICTION 1 The Last Guests by JP Pomare (Hachette, $34.99) “Cain and Lina Phillips narrate most of the novel. He’s an ex-SAS soldier whose failed business isn’t helping a rocky ...8 hours ago - Chlöe Swarbrick cutting through the 1pm spin
Chlöe Swarbrick is fighting for the unheard voices to make it to the 1pm podium. ...8 hours ago - China's difficult bid to join the Pacific trade deal
The University of Auckland's Manqing Cheng takes a look at the Chinese government's considerations on joining the CPTPP despite domestic opposition Comment: China made a bid to join the CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) last week despite some domestic opposition. The official application to join the 11-nation free ...8 hours ago - Kiwi physio helped pave the way for women in the NBA
A 'unicorn' when she started with the Golden State Warriors, Kiwi physio Chelsea Lane drove into territory few women had gone before in the NBA. Now she's home to share her skills, she tells Ashley Stanley. Chelsea Lane came back to New Zealand from the United States with more than just ...8 hours ago - Rod Oram: Who I am and what I care about
Columnist Rod Oram prepares for his upcoming trip to Glasgow for the UN summit on climate change by pondering his own life journey and the thinking, people and events that have shaped him ...8 hours ago - New MIQ in Christchurch after Rotorua says no
Te Pāti Māori leads successful opposition to plans for new Covid quarantine facilities in poorly-vaccinated Rotorua Lakes district The good luck needed to land a room in MIQ has long been blamed by the Government on demand versus supply. Responding to allegations back in July that the difficulty travellers have had in ...8 hours ago - Bloomfield wanted 'very high-risk' NZers blocked
A trove of documents reveals new details about the Government's "very high-risk" list. ...8 hours ago - Te Papa casuals want Govt to plug pay loophole
Te Papa casual staff are caught in the cracks of bureaucracy ...8 hours ago - The paths much less travelled
We've used closed borders to explore our own country, but you can love a place to death - there are some places that are not only difficult to get to, but tourism is not encouraged Exploring Aotearoa's wilderness has become the thing to do for many people looking for adventures ...8 hours ago - Grattan on Friday: After the deal on security, Scott Morrison turns to the shift on climateSource: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra One is tempted to think Scott Morrison’s hero must be Harry Houdini, the great escape artist. Put our prime minister in a corner, and he will talk his way out, or try to. After President ...11 hours ago
- Josh Frydenberg prepares ground for Scott Morrison to commit to 2050 climate targetSource: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Treasurer Josh Frydenberg will prepare the way for Scott Morrison to take a target of net zero emissions by 2050 to Glasgow, when he warns on Friday capital inflow will be at risk if Australia ...11 hours ago
- Government denies it has failed Māori on CovidThe government is standing by its Covid response for Māori, despite large disparities in both the number of cases and the vaccine rollout. ...16 hours ago
- Auckland Mayor Phil Goff opposes Three Waters proposal, calls for accountabilityAuckland Mayor Phil Goff has made one thing clear - the government's Three Waters Reform programme would not get his approval under the current settings. ...17 hours ago
- When fire hits, do koalas flee or stick to their tree? Answering these and other questions is vitalSource: The Conversation (Au and NZ) – By Pablo Negret, Postdoctoral research fellow, The University of Queensland Figures released this week suggest Australia’s koala populations have plummeted by 30% in three years, and fewer than 58,000 now remain in the wild. The statement from the Australian Koala Foundation has ...18 hours ago
- Australia is no stranger to earthquakes, yet our planning polices have not adaptedSource: The Conversation (Au and NZ) – By Mark Maund, Adjunct Senior Lecturer, School of Architecture and Built Environment, University of Newcastle Southeastern Australia was yesterday rocked by a magnitude-5.8 earthquake with its epicentre near Mansfield in Victoria’s northeast. The quake, which was followed by two smaller tremors, was ...18 hours ago
- PNG prepares to impose covid lockdown in several provincesRNZ News Papua New Guinea authorities are preparing for a four-week lockdown in at least three provinces at the end of the month. The move has been prompted by a spike in covid-19 infection rates in Eastern Highlands province as well as the two provinces which sit on the border ...18 hours ago
- ‘My way or highway’ bill a product of Fiji dictatorship, says PrasadBy Luke Nacei in Suva Fiji’s pposition National Federation Party leader Professor Biman Prasad told Parliament yesterday that the Electoral Registration of Voters (Amendment) Bill was the product of dictatorship, pseudo-democracy and the “my way or the highway” approach to governance in a bid to ensure continuity of FijiFirst rule ...18 hours ago
- In spite of relentless media negativity, NZ’s covid story is largely successfulCOMMENTARY: By Glen Johnson On August 17, a 58-year-old man from Auckland became symptomatic and tested positive for covid-19. It was New Zealand’s first community case of the coronavirus in almost six months. Within hours, the nation of five million moved into alert level four, part of its “go hard, ...18 hours ago
- Detained West Papuan activist at risk of ‘dying in jail’, UN expert warnsAsia Pacific Report newsdesk A United Nations expert has urged Indonesia to provide proper medical care to a Papuan independence activist to “keep him from dying in prison”, after reports emerged that his health had deteriorated, reports The Jakarta Post. Victor Yeimo, 39, the international spokesman for the West Papua ...18 hours ago
- Federation Of Primary Health Welcomes Todays Board Announcements“Another positive step forward”. That’s how the Chair of New Zealand’s [1] peak body for [2] Primary Care, Federation of Primary Health Aotearoa (FPHANZ) , has reacted to the board announcements from the Government today. Steve Chadwick ...19 hours ago
- Nurse, Union Voice Absent On New Health Authority BoardsThe New Zealand Nurses Organisaton's (NZNO) Kaiwhakahaere, Kerri Nuku, is concerned that the Māori Health Authority (MHA) and Health New Zealand (Health NZ) boards lack representation for nurses, kaimahi hauora, midwives, rongoā practitioners or ...19 hours ago
- Hawke's Bay Meth Bust Stunning Proof Of Why Mob Shouldn't Get Public MoneyResponding to the breaking news of a major methamphetamine bust in the Hawke’s Bay , Taxpayers’ Union spokesperson Jordan Williams says: “Eight people connected to the Mongrel Mob have just been arrested for selling meth in the same community ...20 hours ago
- Business is Boring: The electrician behind 20% of NZ’s new solar installationsLightforce’s Luke Nutting joined Simon Pound on Business is Boring this week to talk about catching New Zealand up with the rest of the world on solar power.Follow Business is Boring on Apple Podcasts, Spotify or your favourite podcast provider.Solar power is pretty amazing – this super abundant, super powerful ...20 hours ago
- Fires review: new ABC drama helps teach important lessons about the realities of bushfires in Austra...Source: The Conversation (Au and NZ) – By Danielle Clode, Associate Professor (adjunct) in Creative Writing, Flinders University Ben King/ABC Bushfires are incredibly difficult to imagine, but once experienced are impossible to forget. They are events that most people would prefer not to think about — at least ...20 hours ago
- Whānau Ora Leadership Appointed To Māori Health Authority Board...20 hours ago
- Taxpayers Will Support Bill To Stop Public Funding Of Criminal Gang EnterprisesThe New Zealand Taxpayers’ Union is pleased to see Simeon Brown’s members' bill, Public Finance (Prohibition on Providing Public Funds to Gangs) Amendment Bill drawn from the Parliamentary ballot and is calling on the Government to expedite its passage ...21 hours ago
- Coalition still well ahead in NSW poll, Newspoll premiers’ ratings, and WA upper house electoral r...Source: The Conversation (Au and NZ) – By Adrian Beaumont, Honorary Associate, School of Mathematics and Statistics, The University of Melbourne AAP/Bianca de Marchi A New South Wales state Resolve poll for The Sydney Morning Herald gave the Coalition 41% of the primary vote (down two since July), ...21 hours ago
- Beyond Zoom, Teams and video lectures — what do university students really want from online learni...Source: The Conversation (Au and NZ) – By Dilani Gedera, Teaching and Learning Manager, Auckland University of Technology Shutterstock As any university student, lecturer or tutor can attest, the pandemic has turned learning and teaching upside down. So it’s important we understand what happens for students when their ...21 hours ago
- Govt welcomes $7.5bn investment – from the private sector – in our digital economy, but minister...
The government has been spending money on ridding parts of the country of predators, cleaning up contaminated sites, helping NCEA students and researching cancer. But ministers of the crown – it’s pleasing to note – are acknowledging big-bucks investments from the private sector, too. Digital Economy and Communications Minister today ...22 hours ago - Statement From Rotorua Mayor Steve ChadwickMayor Steve Chadwick says confirmation there will be no additional MIQ facilities in Rotorua is great news. “It’s really good we have been listened to and I thank Minister Hipkins and his Cabinet colleagues for that. “The prospect of more MIQ ...22 hours ago
- After AUKUS, Russia sees a potential threat — and an opportunity to market its own submarinesSource: The Conversation (Au and NZ) – By Alexey D Muraviev, Associate Professor of National Security and Strategic Studies, Curtin University Alexei Druzhinin/AP The global opinions on the new AUKUS security pact between Australia, the US and the UK have been decidedly mixed. China and France immediately blasted ...22 hours ago
- Parliament to consider ban on public funds to gangsTwo member's bills targeting gang money and assets were drawn from the ballot at Parliament today. ...22 hours ago
- Can animals sense when an earthquake is about to happen?Source: The Conversation (Au and NZ) – By Anne Quain, Lecturer, University of Sydney He Gong/Unsplash, CC BY-SA Within minutes of Melbourne being rattled by yesterday’s earthquake, my Victorian friends reported changes in the behaviour of their animals. One friend wrote on social media that her dog ...22 hours ago
- The gutsy authenticity of We Are Lady PartsRonia Ibrahim reflects on the fearlessness of We Are Lady Parts, the comedy series about an all women Muslim punk band that hilariously smashes tired tropes. I’m one of those people who you might describe as “prudish” or “conservative” type. “Frick” is an unironic part ...22 hours ago
- In the 19th century, a man was busted for pasting photos of women’s heads on naked bodies … soun...Source: The Conversation (Au and NZ) – By Jessica Lake, Research Fellow, Australian Catholic University First Lady Frances Cleveland and the wives of members of Cleveland Cabinet pose for a photo in 1897. Frances B Johnston/Library of Congress A new app can turn anyone into a porn star against their ...22 hours ago
- COVID-19 increases the chance of getting an autoimmune condition. Here’s what the science says so ...Source: The Conversation (Au and NZ) – By Magdalena Plebanski, Professor of Immunology, RMIT University Shutterstock SARS-CoV-2, the virus that causes COVID-19, can sometimes cause the immune system to mistakenly attack the person’s own body. This process, known as “autoimmunity”, can damage a number of different organs. ...22 hours ago
- Ageism – Not Part Of Our Future!International Day of Older Persons on 1 October each year is a day to celebrate older people – to highlight the value of all older people and to promote dignity and respect. The United Nations 2021 theme “Digital Equity for All Ages” will ...23 hours ago
- We may never be able to predict earthquakes – but we can already know enough to be preparedSource: The Conversation (Au and NZ) – By Hadi Ghasemi, Senior Seismologist, Geoscience Australia Yesterday’s earthquake in eastern Victoria shook the ground for hundreds of kilometres around and damaged buildings as far away as Melbourne – and took many people by surprise. While Australia doesn’t compare with seismic hotspots like ...23 hours ago
- Horowhenua On The Rise With Second CouncilMARK™ ReportLocal Government New Zealand’s CouncilMARK™ programme is giving Horowhenua District Council’s performance a tick of approval in its second independent assessment. LGNZ President Stuart Crosby says Horowhenua ratepayers can be pleased with their ...23 hours ago
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That’s a brilliant clip.
The link is not so brilliant though.
Here’s a good link for ya
http://www.nzherald.co.nz/politics/news/article.cfm?c_id=280&objectid=10539975
Since when has John Key been involved with the Subprime Mortgage debacle? Sure he was at Meryl Lynch as the head of Foreign Exchange, not mortgage or debt related investments. But you know, if we are going on the same analogy, perhaps we could say Helen Clark was involved with the sale of the BNZ, oh wait, she was.
Jared you would be a moron if you thought this clip was only aimed at such a specific aspect of the finance industry or if you thought foreign exchange speculation was somehow more noble, honourable or sensible than the mortgage dealing described in the clip.
Oh wait, you are.
Do enlighten me as to how Foreign Exchange is related to Mortgage related debt financing. Id be interested to know. You would be a moron if you considered all financial trading the same. Oh wait, you are.
“Id be interested to know.”
Freudian slip.
Jared,
According to JK’s own website he was Global head of Forex, European head of bonds and Derivatives and he was an upon invitation only advisor to the Federal reserve of New York from 1999 until he left Wall street (Funny how he never mentions that in his interviews, eh) in March 2001.
He was one of only 4 advisors and the others were someone from Lehman brothers, Citicorp and UBSWahrburg. Together with his bank Merrill Lynch that makes 4 of the banks most hit by the Subprime crisis. In this speech Key tells his audience that he had an Office in Wall street and that he lived on and off in New York from1995 until March 2001.
According to JK himself he was heading the department that was developing all these great new products.
He states in the next page of that interview that the products causing the subprime market were only developed in 2004-2005. While this may not immediately prove John Key’s complicity, the fact that he distances himself from Wall street and lies about the subprime timeline should be cause for worry and it should send journalists into a feeding frenzy because it is a ludicrous and dishonest statement as the rise in subprime mortgages sales started to rise considerably in 1988 because the US government basically ordered Fanny mae and Freddy mac to start lending mortgages to every Tom Dick and Harry and their dog without any regards as to their credit history and Warren Buffet already said in 2002 that derivatives were weapons of mass destruction.
1988 was also the year in which the Glass Steagall act was unofficially repealed
(officially in November 1999) allowing Commercial banks and Investment banks to merge. This was something the Wall street bankers had been lobbying for for some 10 years and which had cost them something like a $ 100 to $ 200 million dollars.
This is what changed a relatively robust banking system into a free for all and an investment bankers wet dream.
John Key worked from 1995 until 2001 at the epicentre of the banksters feeding frenzy in Forex (Currency derivatives are as dangerous as the subprime derivatives), bonds and derivatives for a bank which was one of the most aggressive derivatives traders, he made it all the way to the top and he’s is lying through the teeth about it . What are the chances of him being a squeaky clean choirboy you reckon?
Again, all of this puts John Key smack bang in the middle of not only the subprime crisis but also in the a href=’http://en.wikipedia.org/wiki/Long-Term_Capital_Management’>Asian crisis, the Russian crisis in which Merrill Lynch was involved through the LTCM (long term credit management hedge fund) which collapsed spectacularly in 1988 causing John Key to have to fire so many of his colleagues and finally in the subprime crisis.
At this moment Alan Greenspan’s legacy while once hailed as the magician of Wall street is being revised. For John Key to have been this close to the fire should surely warrant some caution especially since he lies in interviews about is time lines and where he worked.
bugger, caught in purgatory again. help.
Captcha: pastor Jones. LOL
Thats strange, heres me thinking you were going to tell me how forex was linked to mortgage related derivatives, like I asked. What we are trying to ascertain here is whether or not John Key was involved with H-Fee and/or the Subprime collapse. He wasn’t and that is very clear. For you to suggest otherwise is simply scaremongering and misleading.