Nats still at panic-stations over NZ Power
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8:29 am, April 22nd, 2013 - 16 comments
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Can there be a greater sign of the threat that National sees in NZ Power than the fact they have put out 5 press releases condemning it in 4 days?
Joyce has even come out of his undisclosed location to pooh-pooh it – although he can’t decide whether it’s bad because it won’t work or because it will work so well, as the market thinks, that the electricity shares will be worth less or whether it’s bad because it’ll scare off other rentiers, which is bad for some reason.
I bet Key spends his Monday media round attacking it too. National knows they’re on to a hiding – they’re defending excessive profits over lower power prices for people. But they’re ideological bound to reject the solution.
(Update: as I wrote this, Key announced they’re looking at reissuing the Mighty River share offer document to include the risk this Greens/Labour policy poses to MRP’s over-inflated value. Guess that blows any claim that it won’t lower power prices out of the water. They’ll have to get a wriggle on with the new document unless they extend the offer period and delay the sale, and a new offer document will allow everyone who’s applied for shares so far to pull out)
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Kua hinga te manawa kairākau o Te Rua Tekau Ma Waru Tiwhatiwha te po! Kakarauru i te po! Ka rapuhia kei hea koe kua riro! Haere e te Ika a Whiro ki o tini hoa kua ngaro atu ki te Pō ...2 weeks ago
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The opposition parties stand united for an Aotearoa that honours Te Tiriti, rather than seeking to rewrite it. Labour, the Greens and Te Pāti Māori are working together against the Government’s divisive Treaty Principles Bill. ...2 weeks ago
- Release: Labour, Greens and Te Pāti Māori call on the Prime Minister to block the Treaty Principle...
The opposition parties stand united for an Aotearoa that honours Te Tiriti, rather than seeking to rewrite it. Labour, the Greens and Te Pāti Māori are working together against the Government’s divisive Treaty Principles Bill. ...2 weeks ago
- NZ must pursue independent foreign policy
The Green Party says the need is greater than ever for Aotearoa New Zealand to pursue an independent foreign policy. ...2 weeks ago
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Attorney-General Judith Collins today announced the appointment of Rebecca Guthrie as a District Court Judge. Judge Guthrie was admitted to the bar in 1997 following her graduation from the University of Canterbury in 1996 (LLB, BA). She commenced her legal career in Hastings in 1997 before moving to London in ...2 hours ago
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- Foreign Minister to visit Europe
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- First arrests made under gang patch ban
Police have made their first arrests under the new gang patch legislation, with two gang members arrested, says Police Minister Mark Mitchell. “Just before 11 this morning, Police in Wairoa apprehended a gang member for wearing a patch to the supermarket. He has been arrested and will now face enforcement ...23 hours ago
- Better support for victims of sexual violence
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One of the ten young men selected to participate in the Military-Style Academy Pilot has allegedly reoffended. Children’s Minister Karen Chhour is disappointed but says it would be naïve to think that none of these young men would reoffend. “I’m saddened that this young person has not taken this opportunity ...1 day ago
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Tēnā koutou katoa – it is a pleasure to be here today. I would like to begin by acknowledging the important leadership role you all play in ensuring a quality health system New Zealanders can trust. There is enormous clinical expertise in this room covering a wide range of disciplines. ...2 days ago
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Tēnā koutou katoa. Mr President, Excellencies, Delegates. New Zealand, and all nations represented here today, are already dealing with the impacts of climate change. Our households, businesses, and economies are bearing the costs of its effects. The choices we make now will shape the severity of these impacts for generations ...2 days ago
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- Police stats show promising change
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With the launch of Fraud Awareness Week, the Government is committing to new coordination efforts across industry and government to combat online scams, Commerce and Consumer Affairs Minister Andrew Bayly says. “Online financial scams are a growing problem for New Zealand. New data released today shows that Kiwis lost nearly ...4 days ago
- Minister to consider 7AA select committee report
Minister for Children Karen Chhour will consider the recommendations made by the Social Services and Community Committee in its report back to Parliament on the Oranga Tamariki (Repeal of Section 7AA) Amendment Bill. “I want to thank the people who made submissions and those who appeared before the committee in ...4 days ago
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Construction on the next stage of the SH1 Papakura to Drury project will begin early next month, with the contract for works awarded to Fulton Hogan, Transport Minister Simeon Brown says. "SH1 Papakura to Drury is a key project that will drive economic growth and productivity, reduce congestion, and enable people ...6 days ago
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The MRP Board are discussing it. Better that than face prosecution and likely jail, like so many others who only a few short years ago failed to disclose risks properly on the prospectus.
Fear of prosecution will have put the shits up those Nat MPs who thought they could retire to a fine sinecure on one of the energy company boards.
The Re issue of documents must be done to legally outline the risks. However they cannot use such an outline to score points off Labour-Greens; it must be neutral and that will hurt Mr Key’s feelings no end.
What is even more interesting is this report
http://www.stuff.co.nz/national/politics/8580481/PM-appoints-new-PR-supremo
It seems that Key has shifted Kevin Taylor – the architect of much of his success – sideways. Quite similar to Mike Munro resigning from Helen Clark’s office, from when the rot really set in.
Maybe the cycle truly has turned now, and given that it’s grumpy season (i.e. winter) there won’t be a lift for a while.
I want to be the first with the cliche.
Rearranging deck chairs?
Interesting. I had not heard of Kelly McAna.
A quick google revealed that she has been a Press Secretary to Key since January 2010, but since then has also been the media contact for press releases by Joyce, Brownlee and Heatley in relation to their Ministerial responsibilties.
Prior to 2010, she was corporate communications person for the NZ Racing Board 2008/09; but also in 2009 was MOH spokesperson on a press release on DHB elections. What I found interesting was that this DHB release appears to have been when she was still comms person for the Racing Board.
What’s that I hear? Could it be the Crusher sharpening her knives?
Well, if there’s going to be a challenger, I can’t see it being anyone else about now, unless English wants another crack?
English will never be PM, unless the current PM dies.
He’ll never be PM but I wouldn’t be surprised if he wanted another crack at it.
Even running against Shearer? Surely that has to even his odds a little
English could run against Shearer’s dog and lose.
I got some popcorn from the supermarket that’s salty AND sugary. Quite like it.
Kettle corn?
Nah, it’s in a long yellowish packet. Like a sock.
Right that sounds perfect for lunch. Lets see if I can find some 😈
Look the tired, the lazy, the dumb, the illiterate, will all be worse off due to power meters since they won’t get access to the internet to manage their usage patterns, they will just cut back or turn off. So the Greens recognize this, progressive prices is essential in the electricity market. Poor people, time scarce, don’t have the resources to put a solar panel on the roof, so as the wealthy taken advantage of new smart meter technology the price on those who don’t will accelerate and accentuate the tail, the inequity of incomes. Unless government steps in.