Well put, was listening to the whining on RNZ this morning, nothing funny at all about family and animal lives being disrupted…but, I have not heard the air raid siren wind up like that since Auckland Chamber of Commerce rep Michael Barnett and Queenstown business reps performances during COVID lockdowns.
A debate over transport included an emotional speech from Dunedin’s non-driving mayor Aaron Hawkins as he spoke about the impact of the Canterbury floods on people's lives…..
….In a nod to his own non-driving, Hawkins admitted it was inconvenient not to drive.
But that was less inconvenient than being separated from family, friends, business and social connections by the sort of weather events witnessed in Canterbury over recent days.
“Oh God, sorry,” the mayor said, visibly emotional,
He wanted to acknowledge those flood-affected communities, “because that is what we are talking about when we talk about seeing more frequent and more intense extreme weather events as a result of having a less stable climate”.
…..The projects in the 10-year-plan include park and ride facilities at Mosgiel and Burnside ($10.3 million), a parking management and guidance system ($9.5m), a harbour arterial route ($16.6m), a bus lane for Princes St ($6.6m), and bike hubs ($2.5m)
Worsening climate is baked in now whatever Hawkins does at a local level about emissions reduction. No reason not to do it of course – but a lot of money will have to go into mitigation and retreat. Otherwise we will have a social disaster as people can no longer afford insurance and are wiped out financially, physically and emotionally by floods, droughts, etc.
Hawkins popularity has gone right down because people don't like the reality of changing habits to mitigate climate change such as giving up heavy reliance on cars .
Most people are complaining about congestion and lack of car parks many who supported Hawkins just to keep the ultra right Vandervis out have now changed their allegiance.
Vandervis continues to play the victim in his obsessive drive to become mayor by being anti everything pulling every publicity stunt he can.
No it's because I know his politics his connections.Lee wants to sell off all council owned companies.
His over the top complaints cost rate payers millions in Deltas unauthorized developments in Queenstown and Christchurch forcing the council to sell of those developments at fire sale prices.
Don't know about "ultra right", but here's Dunedin city councillor and mayoral candidate Lee Vandervis on climate change (in 2013).
Dunedin Mayoral Hopefuls Do The (Climate) Denial Twist
Lee Vandervis couldn’t wait to show me his graph that explained the cyclic nature of global temperature patterns stretched out over 5 million years. “What we really should be worried about”, he said gravely, “is global freezing.”
People (and the climate) can change. Maybe Cr Vandervis is just misunderstood?
I know many hundreds of dunedinites from dunners and the mood has definitely changed.I have been involved in dunedin politics probably longer than you have been a live.
I’ll have to take your word for it and even though yours is a ‘ironclad argument’, it is in dire want and need of factual evidence to replace your anecdotal hearsay.
If you follow the news down here,that is what many folk are thinking.Hawkins is not up too it,may well move into central politics(Green party)with even less affect. As for Lee I think that boat has sailed,to disruptive.Their will be a new mayor and Deputy after next elections.
Give us a link with something more substantial, please. A poll, a survey, something a little more tangible. I have no idea what I should imagine with “many folk”; tens, hundreds, thousands, some, a few?
Google is your friend,their is plenty over the last couple of years,by the way when did a many become a few, do I have to school you about local body politics. But my point is my view and as I have little data per month* I wont be bothering to link,an further to that I'm not good at it,so mute point,sorry.
*.. only cell phone tethering.Oh I'm trying to learn,computers do my head in,so as stated above"sorry"
No , Google is not my friend; I can find whatever I like, based on all the info Google has on me. You didn’t give any helpful hints either to start a search.
I like to draw attention to the fact that stories, messages, memes and what have are started and spread on the internet by people with an agenda and/or personal bias. For this reason, I cannot take personal anecdote from an anonymous commenter seriously and nor should I or anybody else here, for that matter.
If someone wants to spout a personal opinion on Hawkins, they are free to do so, within the rules of this site. However, they cannot speak for or on behalf of others or make unsubstantiated claims about a ‘change of personal opinion’ as if these are facts!
Not sure Hawkins popularity has changed much. The water thing was a bit of a hit, but the griping about carparks from VdV and a couple of other councillors isn't making a dent.
I suspect Hawkins will do another term as mayor (to prove it wasn't luck) then go to central government.
"Good to hear a personal view……..I'm not going to get into an argument with (comment/mod),only too say read what was said and have a look at links already provided by others.
……..from somebody who actually lives in Dunners. Is that right
edit
Exactly right AB. Oh hell, can some authorities really grasp the enormity of problems, and make plans to help the unfortunates to make reasoned withdrawal plans? Some of these people's houses on low lying areas need to be used as rentals now, while the owners seek permanent places on higher ground, and prepare for a loss on their lower house when it must be abandoned.
The local councils could build expertise in helping larger houses be converted to two or three sub-units, build granny flats at rear, subdivide or cross lease larger sections.
But most of all check with Master Builders or other reliable source on your choice of builder. They are dropping out leaving people in deep trauma. I suggest have a small basic plan that allows for built-on rooms side or over, with Council approval so that foundations are secure. Think about privacy from close neighbours too, Council might not care.
It is notable that the Southland floods were preceded by months of drought, a phenomonen, which in the link you provided, is called the 'Noah Effect', but which I suspect will soon become to be called the 'New Normal'.
By ‘Noah Effect’ we designate the observation that extreme precipitation can be very extreme indeed, and by ‘Joseph Effect’ the finding that a long period of unusual (high or low) precipitation can be extremely long.
The government has been warned that closing down the country's only oil refinery could expose New Zealand to fuel security risks.
The Energy Minister said these risks are not significant, but a consultant's report to the government says the opposite.
The risks centre on reconfigured supply chain, meaning the country would hold significantly less fuel because it held no crude awaiting processing.
Let's NOT go for a system based on 'best practice', best efficiency, and without unexpected outcomes not allowed for, and a childish belief that everything will turn out all right if we just rely on our allies, friends and regular friendly business partners. Here is another opportunity to abandon the country's best interests gummint – leave us wide open as you so often do, no probs, we'll manage, the Little Smart Country with a big mouth!?
For us more risk averse older types, jettisoning the capability for local refining is a big step. The refinery will be decommissioned with various cleanups needed and no quick route back to refining crude. I am close to Marsden Pt by geography and personal contacts. Operators knew something was up last year when fresh catalyst vital to the process, and worth millions was not re-ordered. https://en.wikipedia.org/wiki/Catalytic_reforming
One of Muldoon’s Think Big projects is basically going to be a storage unit with a pipe to Auckland. Marsden B was never fully commissioned, and the last recent Refining NZ CEO buggered off because the Board would not entertain revising B into solar and other green energy.
The retail petrol companies have certainly done well out of Refining NZ–gifted to them by one Roger Douglas and friends.
How we deal with roading will also be interesting… where will our bitumen come from?
Personally I believe it's a mistake as is stopping natural gas production.
What we should do is look to ban imports and have very tight nationalized production here with world leading environmental standards at the ability to use price control to reduce usage.
Stopping local production is effectively just 'off shoring' our emissions looks good on paper here globally speaking at absolute best neutral at worst we start importing say coal on a bunker oil burning ship…
Marsden Point's closure fits very well with the Government's climate change policies.
We will be entirely at the mercy of international markets and prices for all kinds of petroleum products from kerosene, aviation fuel, the different petrols, diesel, bunker oil, and all the way to plastics and tar. And TBF that's a good thing: those regular crises will be largely unhedged apart from some overseas reserve contracts – contracts which mean little in a genuine crisis a we've seen from the Covid vaccine distributions.
So every time there's an oil supply crisis or price spike, those combustion engine alternative debates get fresh alerts in neon lights.
We're in a completely different context to Think Big, which was all about increased energy self sufficiency following the oil spikes of the late 1970s.
Most Tier 1 construction companies are replacing their light truck fleets to prepare for the Climate Commission targets. Won't happen all this year, but they know that if they don't demonstrate they are going Net Zero, they just aren't going to win the next job.
Those are the people that use the trucks to transport those great wind farm components. I'm building one at the moment.
So no, your causal chain doesn't have any bearing on the reality on the ground.
Chief Health Officer Brett Sutton said on Tuesday night that the virus was moving "faster than any other strain we've dealt with".
"We're seeing transmissions in settings and circumstances we've never seen before," he said.
His comments came as a new positive case was identified in a Victorian who had travelled to New South Wales and back again, prompting a whole raft of new exposure sites.
For the first time, health officials have seen four or five cases where people were infected by strangers by casual contacts.
Victoria's Covid-19 testing commander Jeroen Weimar said the interactions were "very fleeting contact" and quite different to what Australia is used to seeing…
"What we're seeing now clearly is people who are, they're brushing past each other in a small shop, they're going around a display home, they're looking at phones in a Telstra shop," he said.
So. if money supply tightened then inflation might go up? And might inflation being low be part cause of those without personal debt having a field day and those with debt in 'credit' cards, be most subject to the other inflation rise in housing and food?
It can be important to understand that terms may have different meanings in different contexts. As that piece explains the RBNZ has done a lot of spending to help make the govts deficit spending happen fluidly. This is called a cost, but in practice its only the RBNZ which issues these monies anyway. If you understand the RBNZ spending as the countries house hold chore roster, then that cost here means it has recorded more chores being completed recently. That should also align with the temporary decision to purchase a lot of output in the form of a wage subsidy, while the govt budget is typically mostly focused on buying public goods. The salient point for why this analogy is a better understanding of 'cost' here is that people understand that recording too many items on their chore roster doesn't bankrupt them into being unable to record additional chores.
In terms of inflation its going to be important to understand its a phenomenon of general price increases and not of relative changes in the price of different goods and services. Yes, this makes it contentious how to measure inflation as the aggregate price of which identified bundle of goods.
But it seems reasonable to expect inflation to go up only once the level of spending starts to push on productive capacity to deliver. At that point businesses might increase prices or they might further if wage increases cause a loss of their margins. The salient point being inflation will be caused by something which causes many businesses to decide to put their prices up.
It just doesn't seem that businesses pay much attention to the money supply when adjusting their prices.
Its more important to understand that the RBNZs bond purchases dont directly add money to the economy…and that any 'cost' depends upon what happens offshore and the relationship between the NZD and the major tradeable currencies…if and when those actions impact the cost of debt financing in the future are largely out of our hands.
"Its more important to understand that the RBNZs bond purchases dont directly add money to the economy…"
In what sense? These are the transactions,
1) the govt (usually the DMO) sells bonds to primary dealers, removing money from the economy in exchange for a bond and allowing the buyer to specify a price at which they buy.
2) the RBNZ buys these bonds on the secondary market, using its intrinsic spending capacity, and providing that money back to the bond seller. This usually happens at a small capital loss to the RBNZ so the primary dealers get a small profit for acting as intermediaries here.
3) At some similar time the treasury will spend the borrowed funds. If that happened before 1 then potentially the same funds were used for step 1 (in some sense).
But the point is that the RBNZ bond purchase directly put spending ability in the economies hands including a net profit on the DMO's initial borrowing.
Nic theNzer Could the Reserve Bank set up its own system for supplying credits to a government department or agency providing cheap housing loans to specific young adults rather than trying to influence banks in certain ways to do this. It is indirect and not very effectual. As the banks do not find it a good market, there is market failure here, and could the RB step up with a limited amount of capital to start to fill this gap?
Yes absolutely. I believe there are still provisions in the act where the finance minister can demand the RBNZ provides loans to the govt directly, for 6 months time frame. That the govt was not doing this was highlighted by Grant Robertson before QE was initiated.
Further with some changes in legislation the RBNZ could alternatively provide treasury with an unlimited overdraft on its account in the payments system.
But banks and other primary dealers seem quite willing to participate in this given the miniscule risk small profit terms.
Thats in terms of govt spending.
In terms of housing loans, yes, thats basically how student loans work. Though the govt would probably need to look at the credit conditions it lends on a lot closer. As the BNZ bank failure showed there should be an independent regulator somewhere in the mix.
The bond purchases are from institutional investors and increases their collateral but not their spending ability as that collateral remains within the RBNZ reserve accounts…the only spending capacity that leaks into the system is through the minimal commissions to the approved traders and increased private bank lending promoted by the reduced interest rates…assuming the economy can service the additional lending and has a purpose for it and the banks are confident their capital is not at risk.
On the Government side (fiscal) the increased borrowing capacity theoretically will lead to greater government spending into the economy but we know how slow that spending is getting out the door….especially when you have one eye on interest rates and debt serviceability.
And meanwhile you are reducing the spending capacity of savers with the reduced interest earnings on investment
So its in a M3 vs M1 sense. But even in this case those payments all increase spending power. If at step 2 the institution sells for a depositor then there is a credit to their M3 account. If its for the institution then that institution holds more cleared funds eventually if they are not spent that becomes profit to be paid out.
And of course 3 is crediting accounts also raising M3.
Finally M1 is a component of M3 anyway.
So your statement which I quoted is simply incorrect.
Sure along with money in circulation. But thats simply irrelevant to your claim. When the RBNZ makes a bond purchase the digital equivalent of cash becomes property of a non-government institution and its spending ability goes up. This refutes your statement.
Except as collateral in the reserve accounts it is not available to inject into the market.
You refute nothing….the RBNZ has bought approximately 50 billion in bonds in just over a year (roughly 15% of GDP) …..where is it? It is not circulating in the economy, it is sitting within the RBNZ reserve accounts….an asset swap, as the RBNZ themselves stated. Collateral.
Your being confused by monetary aggregates not behaving in the economy as expected. The turnover rate of money can and does change. For obvious reasons in the last year savings rates went up significantly and that is where the govt income boost ended up. It turned out in net that the balance was about right and there has only been a small decrease in employment. But knowing how these transactions work its absolutely clear non-govt institutions spending power went up. Just because your idea about how spending works is wrong doesn't mean the aggregates are wrong.
Thanks Nic the NZer. I'll read that a number of times, and pick up different points each time, and finally I won't see through the glass darkly as the saying goes.
If housing Cost's were put back in the CPI inflation would measured at 3 to 4% and the Reserve bank would have to put interest rates up to counter the oversupply of money.But then in an anaemic world economy it would make it harder for NZ to trade as our $ would go up as well. Making exports dearer.
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Sleep mode is a power-saving state that allows your computer to quickly resume operation without having to boot up from scratch. This can be useful if you need to step away from your computer for a short period of time but don’t want to shut it down completely. There are ...
Introduction Computer-Assisted Translation (CAT) has revolutionized the field of translation by harnessing the power of technology to assist human translators in their work. This innovative approach combines specialized software with human expertise to improve the efficiency, accuracy, and consistency of translations. In this comprehensive article, we will delve into the ...
In today’s digital age, mobile devices have become an indispensable part of our daily lives. Among the vast array of portable computing options available, iPads and tablet computers stand out as two prominent contenders. While both offer similar functionalities, there are subtle yet significant differences between these two devices. This ...
A computer is an electronic device that can be programmed to carry out a set of instructions. The basic components of a computer are the processor, memory, storage, input devices, and output devices. The Processor The processor, also known as the central processing unit (CPU), is the brain of the ...
Voice Memos is a convenient app on your iPhone that allows you to quickly record and store audio snippets. These recordings can be useful for a variety of purposes, such as taking notes, capturing ideas, or recording interviews. While you can listen to your voice memos on your iPhone, you ...
Laptop screens are essential for interacting with our devices and accessing information. However, when lines appear on the screen, it can be frustrating and disrupt productivity. Understanding the underlying causes of these lines is crucial for finding effective solutions. Types of Screen Lines Horizontal lines: Also known as scan ...
Right-clicking is a common and essential computer operation that allows users to access additional options and settings. While most desktop computers have dedicated right-click buttons on their mice, laptops often do not have these buttons due to space limitations. This article will provide a comprehensive guide on how to right-click ...
Te Pāti Māori are demanding the New Zealand Government support an international independent investigation into mass graves that have been uncovered at two hospitals on the Gaza strip, following weeks of assault by Israeli troops. Among the 392 bodies that have been recovered, are children and elderly civilians. Many of ...
Our two-tiered system for veterans’ support is out of step with our closest partners, and all parties in Parliament should work together to fix it, Labour veterans’ affairs spokesperson Greg O’Connor said. ...
Stripping two Ministers of their portfolios just six months into the job shows Christopher Luxon’s management style is lacking, Labour Leader Chris Hipkins said. ...
Tonight’s court decision to overturn the summons of the Children’s Minister has enabled the Crown to continue making decisions about Māori without evidence, says Te Pāti Māori spokesperson for Children, Mariameno Kapa-Kingi. “The judicial system has this evening told the nation that this government can do whatever they want when ...
It appears Nicola Willis is about to pull the rug out from under the feet of local communities still dealing with the aftermath of last year’s severe weather, and local councils relying on funding to build back from these disasters. ...
The Government is making short-sighted changes to the Resource Management Act (RMA) that will take away environmental protection in favour of short-term profits, Labour’s environment spokesperson Rachel Brooking said today. ...
Labour welcomes the release of the report into the North Island weather events and looks forward to working with the Government to ensure that New Zealand is as prepared as it can be for the next natural disaster. ...
The Labour Party has called for the New Zealand Government to recognise Palestine, as a material step towards progressing the two-State solution needed to achieve a lasting peace in the region. ...
Some of our country’s most important work, stopping the sexual exploitation of children and violent extremism could go along with staff on the frontline at ports and airports. ...
The Government’s Fast Track Approvals Bill will give projects such as new coal mines a ‘get out of jail free’ card to wreak havoc on the environment, Labour Leader Chris Hipkins said today. ...
The government's decision to reintroduce Three Strikes is a destructive and ineffective piece of law-making that will only exacerbate an inherently biased and racist criminal justice system, said Te Pāti Māori Justice Spokesperson, Tākuta Ferris, today. During the time Three Strikes was in place in Aotearoa, Māori and Pasifika received ...
Cuts to frontline hospital staff are not only a broken election promise, it shows the reckless tax cuts have well and truly hit the frontline of the health system, says Labour Health spokesperson Ayesha Verrall. ...
The Green Party has joined the call for public submissions on the fast-track legislation to be extended after the Ombudsman forced the Government to release the list of organisations invited to apply just hours before submissions close. ...
New Zealand’s good work at reducing climate emissions for three years in a row will be undone by the National government’s lack of ambition and scrapping programmes that were making a difference, Labour Party climate spokesperson Megan Woods said today. ...
More essential jobs could be on the chopping block, this time Ministry of Education staff on the school lunches team are set to find out whether they're in line to lose their jobs. ...
Te Pāti Māori is disgusted at the confirmation that hundreds are set to lose their jobs at Oranga Tamariki, and the disestablishment of the Treaty Response Unit. “This act of absolute carelessness and out of touch decision making is committing tamariki to state abuse.” Said Te Pāti Māori Oranga Tamariki ...
The Government is trying to bring in a law that will allow Ministers to cut corners and kill off native species, Labour environment spokesperson Rachel Brooking said. ...
Cancelling urgently needed new Cook Strait ferries and hiking the cost of public transport for many Kiwis so that National can announce the prospect of another tunnel for Wellington is not making good choices, Labour Transport Spokesperson Tangi Utikere said. ...
A laundry list of additional costs for Tāmaki Makarau Auckland shows the Minister for the city is not delivering for the people who live there, says Labour Auckland Issues spokesperson Shanan Halbert. ...
Te Pāti Māori co-leader Rawiri Waititi, and Mema Paremata mō Tāmaki-Makaurau, Takutai Tarsh Kemp, will travel to the Gold Coast to strengthen ties with Māori in Australia next week (15-21 April). The visit, in the lead-up to the 9th Australian National Kapa haka Festival, will be an opportunity for both ...
The Green Party has today launched a step-by-step guide to help New Zealanders make their voice heard on the Government’s democracy dodging and anti-environment fast track legislation. ...
The National Government’s proposed changes to the Residential Tenancies Act will mean tenants can be turfed from their homes by landlords with little notice, Labour housing spokesperson Kieran McAnulty said. ...
Green Party co-leader Marama Davidson is calling on all parties to support a common-sense change that’s great for the planet and great for consumers after her member’s bill was drawn from the ballot today. ...
A significant milestone has been reached in the fight to strike an anti-Pasifika and unfair law from the country’s books after Teanau Tuiono’s members’ bill passed its first reading. ...
New Zealand has today missed the opportunity to uphold the right to a clean, healthy, and sustainable environment, says James Shaw after his member’s bill was voted down in its first reading. ...
Today’s advice from the Climate Change Commission paints a sobering reality of the challenge we face in combating climate change, especially in light of recent Government policy announcements. ...
Minister for Disability Issues Penny Simmonds appears to have delayed a report back to Cabinet on the progress New Zealand is making against international obligations for disabled New Zealanders. ...
Foreign Minister Winston Peters’ engagements in Türkiye this week underlined the importance of diplomacy to meet growing global challenges. “Returning to the Gallipoli Peninsula to represent New Zealand at Anzac commemorations was a sombre reminder of the critical importance of diplomacy for de-escalating conflicts and easing tensions,” Mr Peters ...
Ambassador Millar, Burgemeester, Vandepitte, Excellencies, military representatives, distinguished guests, ladies and gentlemen – good morning and welcome to this sacred Anzac Day dawn service. It is an honour to be here on behalf of the Government and people of New Zealand at Buttes New British Cemetery, Polygon Wood – a deeply ...
Distinguished guests - It is an honour to return once again to this site which, as the resting place for so many of our war-dead, has become a sacred place for generations of New Zealanders. Our presence here and at the other special spaces of Gallipoli is made ...
Mai ia tawhiti pamamao, te moana nui a Kiwa, kua tae whakaiti mai matou, ki to koutou papa whenua. No koutou te tapuwae, no matou te tapuwae, kua honoa pumautia. Ko nga toa kua hinga nei, o te Waipounamu, o te Ika a Maui, he okioki tahi me o ...
Paul Goldsmith will take on responsibility for the Media and Communications portfolio, while Louise Upston will pick up the Disability Issues portfolio, Prime Minister Christopher Luxon announced today. “Our Government is relentlessly focused on getting New Zealand back on track. As issues change in prominence, I plan to adjust Ministerial ...
Recreational catch limits will be reduced in areas of Fiordland and the Chatham Islands to help keep those fisheries healthy and sustainable, Oceans and Fisheries Minister Shane Jones says. The lower recreational daily catch limits for a range of finfish and shellfish species caught in the Fiordland Marine Area and ...
Energy Minister Simeon Brown has welcomed an important milestone in New Zealand’s hydrogen future, with the opening of the country’s first network of hydrogen refuelling stations in Wiri. “I want to congratulate the team at Hiringa Energy and its partners K one W one (K1W1), Mitsui & Co New Zealand ...
The coalition Government is delivering on its commitment to improve resource management laws and give greater certainty to consent applicants, with a Bill to amend the Resource Management Act (RMA) expected to be introduced to Parliament next month. RMA Reform Minister Chris Bishop has today outlined the first RMA Amendment ...
Overseas models for regulating the oil and gas sector, including their decommissioning regimes, are being carefully scrutinised as a potential template for New Zealand’s own sector, Resources Minister Shane Jones says. The Coalition Government is focused on rebuilding investor confidence in New Zealand’s energy sector as it looks to strengthen ...
Emergency Management and Recovery Minister Mark Mitchell has today released the Report of the Government Inquiry into the response to the North Island Severe Weather Events. “The report shows that New Zealand’s emergency management system is not fit-for-purpose and there are some significant gaps we need to address,” Mr Mitchell ...
Justice Minister Paul Goldsmith is today travelling to Europe where he’ll update the United Nations Human Rights Council on the Government’s work to restore law and order. “Attending the Universal Periodic Review in Geneva provides us with an opportunity to present New Zealand’s human rights progress, priorities, and challenges, while ...
Associate Agriculture Minister, Mark Patterson, formally reopened the world’s largest wool processing facility today in Awatoto, Napier, following a $50 million rebuild and refurbishment project. “The reopening of this facility will significantly lift the economic opportunities available to New Zealand’s wool sector, which already accounts for 20 per cent of ...
Hon Andrew Bayly, Minister for Small Business and Manufacturing At the Southland Otago Regional Engineering Collective (SOREC) Summit, 18 April, Dunedin Ngā mihi nui, Ko Andrew Bayly aho, Ko Whanganui aho Good Afternoon and thank you for inviting me to open your summit today. I am delighted ...
The Government is delivering on its commitment to bring back the Three Strikes legislation, Associate Justice Minister Nicole McKee announced today. “Our Government is committed to restoring law and order and enforcing appropriate consequences on criminals. We are making it clear that repeat serious violent or sexual offending is not ...
Foreign Minister Winston Peters has today announced four new diplomatic appointments for New Zealand’s overseas missions. “Our diplomats have a vital role in maintaining and protecting New Zealand’s interests around the world,” Mr Peters says. “I am pleased to announce the appointment of these senior diplomats from the ...
New Zealand is contributing NZ$7 million to support communities affected by severe food insecurity and other urgent humanitarian needs in Ethiopia and Somalia, Foreign Minister Rt Hon Winston Peters announced today. “Over 21 million people are in need of humanitarian assistance across Ethiopia, with a further 6.9 million people ...
Minister for Arts, Culture and Heritage Paul Goldsmith is congratulating Mataaho Collective for winning the Golden Lion for best participant in the main exhibition at the Venice Biennale. "Congratulations to the Mataaho Collective for winning one of the world's most prestigious art prizes at the Venice Biennale. “It is good ...
The Government is reforming financial services to improve access to home loans and other lending, and strengthen customer protections, Commerce and Consumer Affairs Minister Andrew Bayly and Housing Minister Chris Bishop announced today. “Our coalition Government is committed to rebuilding the economy and making life simpler by cutting red tape. We are ...
“China remains a strong commercial opportunity for Kiwi exporters as Chinese businesses and consumers continue to value our high-quality safe produce,” Trade and Agriculture Minister Todd McClay says. Mr McClay has returned to New Zealand following visits to Beijing, Harbin and Shanghai where he met ministers, governors and mayors and engaged in trade and agricultural events with the New ...
Prime Minister Christopher Luxon has completed a successful trip to Singapore, Thailand and the Philippines, deepening relationships and capitalising on opportunities. Mr Luxon was accompanied by a business delegation and says the choice of countries represents the priority the New Zealand Government places on South East Asia, and our relationships in ...
New Zealand is demonstrating its commitment to reducing global greenhouse emissions, and supporting clean energy transition in South East Asia, through a contribution of NZ$41 million (US$25 million) in climate finance to the Asian Development Bank (ADB)-led Energy Transition Mechanism (ETM). Prime Minister Christopher Luxon and Climate Change Minister Simon Watts announced ...
The Government is today releasing a list of organisations who received letters about the Fast-track applications process, says RMA Reform Minister Chris Bishop. “Recently Ministers and agencies have received a series of OIA requests for a list of organisations to whom I wrote with information on applying to have a ...
Attorney-General Judith Collins today announced the appointment of Wellington Barrister David Jonathan Boldt as a Judge of the High Court, and the Honourable Justice Matthew Palmer as a Judge of the Court of Appeal. Justice Boldt graduated with an LLB from Victoria University of Wellington in 1990, and also holds ...
Education Minister Erica Stanford will lead the New Zealand delegation at the 2024 International Summit on the Teaching Profession (ISTP) held in Singapore. The delegation includes representatives from the Post Primary Teachers’ Association (PPTA) Te Wehengarua and the New Zealand Educational Institute (NZEI) Te Riu Roa. The summit is co-hosted ...
A stopbank upgrade project in Tairawhiti partly funded by the Government has increased flood resilience for around 7000ha of residential and horticultural land so far, Regional Development Minister Shane Jones says. Mr Jones today attended a dawn service in Gisborne to mark the end of the first stage of the ...
Foreign Affairs Minister Winston Peters will represent the Government at Anzac Day commemorations on the Gallipoli Peninsula next week and engage with senior representatives of the Turkish government in Istanbul. “The Gallipoli campaign is a defining event in our history. It will be a privilege to share the occasion ...
Science, Innovation and Technology and Defence Minister Judith Collins will next week attend the OECD Science and Technology Ministerial conference in Paris and Anzac Day commemorations in Belgium. “Science, innovation and technology have a major role to play in rebuilding our economy and achieving better health, environmental and social outcomes ...
Prime Minister Christopher Luxon held a bilateral meeting today with the President of the Philippines, Ferdinand Marcos Jr. The Prime Minister was accompanied by MP Paulo Garcia, the first Filipino to be elected to a legislature outside the Philippines. During today’s meeting, Prime Minister Luxon and President Marcos Jr discussed opportunities to ...
The Government has announced that $20 million in funding will be made available to Westport to fund much needed flood protection around the town. This measure will significantly improve the resilience of the community, says Local Government Minister Simeon Brown. “The Westport community has already been allocated almost $3 million ...
The Government is proud to support the first ever Repco Supercars Championship event in Taupō as up to 70,000 motorsport fans attend the Taupō International Motorsport Park this weekend, says Economic Development Minister Melissa Lee. “Anticipation for the ITM Taupō Super400 is huge, with tickets and accommodation selling out weeks ...
Local Government Minister Simeon Brown has announced an increase to the Rates Rebate Scheme, putting money back into the pockets of low-income homeowners. “The coalition Government is committed to bringing down the cost of living for New Zealanders. That includes targeted support for those Kiwis who are doing things tough, such ...
The Coalition Government is investing in a project to boost survival rates of New Zealand mussels and grow the industry, Oceans and Fisheries Minister Shane Jones has announced. “This project seeks to increase the resilience of our mussels and significantly boost the sector’s productivity,” Mr Jones says. “The project - ...
Benefit figures released today underscore the importance of the Government’s plan to rebuild the economy and have 50,000 fewer people on Jobseeker Support, Social Development and Employment Minister Louise Upston says. “Benefit numbers are still significantly higher than when National was last in government, when there was about 70,000 fewer ...
The Government’s commitment to doubling New Zealand’s renewable energy capacity is backed by new data showing that clean energy has helped the country reach its lowest annual gross emissions since 1999, Climate Change Minister Simon Watts says. New Zealand’s latest Greenhouse Gas Inventory (1990-2022) published today, shows gross emissions fell ...
The Government is bringing the earthquake-prone building review forward, with work to start immediately, and extending the deadline for remediations by four years, Building and Construction Minister Chris Penk says. “Our Government is focused on rebuilding the economy. A key part of our plan is to cut red tape that ...
Prime Minister Christopher Luxon and his Thai counterpart, Prime Minister Srettha Thavisin, have today agreed that New Zealand and the Kingdom of Thailand will upgrade the bilateral relationship to a Strategic Partnership by 2026. “New Zealand and Thailand have a lot to offer each other. We have a strong mutual desire to build ...
RMA Reform Minister Chris Bishop and Transport Minister Simeon Brown have today announced the Coalition Government’s intention to extend port coastal permits for a further 20 years, providing port operators with certainty to continue their operations. “The introduction of the Resource Management Act in 1991 required ports to obtain coastal ...
Today’s announcement that inflation is down to 4 per cent is encouraging news for Kiwis, but there is more work to be done - underlining the importance of the Government’s plan to get the economy back on track, acting Finance Minister Chris Bishop says. “Inflation is now at 4 per ...
Refreshed health guidance released today will help parents and schools make informed decisions about whether their child needs to be in school, addressing one of the key issues affecting school attendance, says Associate Education Minister David Seymour. In recent years, consistently across all school terms, short-term illness or medical reasons ...
Oceans and Fisheries Minister Shane Jones is streamlining high-level oceans management while maintaining a focus on supporting the sector’s role in the export-led recovery of the economy. “I am working to realise the untapped potential of our fishing and aquaculture sector. To achieve that we need to be smarter with ...
A new exhibition in Wellington showcases the faces behind your local goods and services. Back in 1977, when I was a fine arts student at the University of Canterbury, I took a series of photographs of Christchurch shopkeepers. The photos were for a calendar – a project for my end ...
Toomaj and his resistance to tyranny through his songs have become an icon for the youth of Iran, so his sentence has hit the nation hard. Toomaj Salehi is not the first artist to pay the price for standing with the people. ...
My cousin Dylan and I spotted these big eels under the bridge that summer. We watched them lounging under the dark weed, facing into the flow of water, their mouths frozen open. Dylan and I couldn’t stop thinking about those eels. The night we went down to the creek, we ...
Newsroom, home of satire. My long-running weekly satirical series The Secret Diary has moved to Newsroom and will appear every Saturday, with Victor Billot’s wildly popular satirical Odes continuing to appear every Sunday. Diaries, Odes – while serious political columnists toil at meaningful opinions and stroke their chins to an ...
Tara Ward unravels the many nuanced layers of a cartoon about talking dogs.This is an excerpt from our weekly pop culture newsletter Rec Room. Sign up here. It’s not often an episode of a children’s cartoon has adults sobbing into their sleeves, but that’s exactly what happened this week when ...
There’s an island in the far reaches of Auckland’s territory, sitting off the tip of the Coromandel Peninsula, 30 minutes by air from the city or four hours on the slow boat. Aotea Great Barrier is off-grid, it has a population of fewer than a thousand people … and most ...
Working as a doctor in developing countries to help communities achieve better health outcomes is nothing short of a life goal for Jessica Tater. The University of Otago medical student has her sights firmly set on joining the international humanitarian organisation Doctors Without Borders/Médecins Sans Frontières (MSF) when she qualifies ...
Asia Pacific Report An Australian author and advocate, Jim Aubrey, today led a national symbolic one minute’s silence to mark the “blood debt” owed to Papuan allies during the Second World War indigenous resistance against the invading Japanese forces. “A promise to most people is a promise,” Aubrey said in ...
Asia Pacific Report The Freedom Flotilla is ready to sail to Gaza, reports Kia Ora Gaza. All the required paperwork has been submitted to the port authority, and the cargo has been loaded and prepared for the humanitarian trip to the besieged enclave. However, organisers received word of an “administrative ...
Pacific Media Watch Palestine solidarity protesters today demonstrated at the Auckland headquarters of Television New Zealand, accusing the country’s major TV network of broadcasting “propaganda” backing Israel’s genocidal war on Gaza. About 50 protesters targeted the main entrance to the TVNZ building near Sky Tower and also picketed a side ...
Opinion by Lynley Hood. Forty years on from my 1985 Fulbright Grant, my disquiet over the war in Gaza evoked some troubling questions. The answer to my first question – What is the primary purpose of the Fulbright Programme? – was on the Fulbright NZ website. It says: US Senator, ...
The ministers responsible for green-lighting major projects need to be open about potential conflicts of interest, says Transparency International. ...
Source: The Conversation (Au and NZ) – By Anastasia Powell, Professor, Family and Sexual Violence, RMIT University It has been a particularly distressing start to the year. There is little that can ease the current grief of individuals, families and communities who have needlessly lost a loved one to men’s ...
Source: The Conversation (Au and NZ) – By Gregory Moore, Senior Research Associate, School of Ecosystem and Forest Sciences, The University of Melbourne Lichen, the first described example of symbiosis.AdeJ Artventure/Shutterstock Once known only to those studying biology, the word symbiosis is now widely used. Symbiosis is the intimate ...
Source: The Conversation (Au and NZ) – By Kim Hemsley, Head, Childhood Dementia Research Group, Flinders Health and Medical Research Institute, College of Medicine and Public Health, Flinders University Olena Ivanova/Shutterstock “Childhood” and “dementia” are two words we wish we didn’t have to use together. But sadly, around 1,400 ...
Source: The Conversation (Au and NZ) – By Peter Whiteford, Professor, Crawford School of Public Policy, Australian National University The government’s Economic Inclusion Advisory Committee has just published its second report. It was set up by Treasurer Jim Chalmers and Minister for Social Services Amanda Rishworth in 2022 to provide: ...
Source: 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 The Queensland state election will be held in October. A YouGov poll for The Courier Mail, conducted April 9–17 from a sample ...
Source: The Conversation (Au and NZ) – By Amin Naeni, PhD candidate at Alfred Deakin Institute for Citizenship and Globalisation, Deakin University There’s been much talk in recent months about what a possible second Donald Trump presidency in the United States could mean for Europe, Russia’s war in Ukraine, the ...
A brief round-up of submissions on the controversial proposed law. This is an excerpt from our weekly environmental newsletter Future Proof. Sign up here. Last week, submissions on the controversial Fast-track Approvals Bill closed just hours after the government released a list of stakeholder organisations who were sent letters advising how they could ...
A poem from Robin Peace’s new collection Detritus of Empire: feather / grass / rock. Cereal giving I see a woman’s hands, see her curious hands break a stalk as she walks through the tall prairie, the savannah, the steppe, wherever it was. See her idly bite the grass that ...
The only published and available best-selling indie book chart in New Zealand is the top 10 sales list recorded every week at Unity Books’ stores in High St, Auckland, and Willis St, Wellington.AUCKLAND1 Hemingway’s Goblet by Dermot Ross (Mary Egan Publishing, $38)A handsomely produced (debossed cover, lovely ...
The Commissioner's decision validates the longstanding efforts of the local community and ensures that Awataha Marae will be managed to serve the needs of the local community, particularly for hosting tangihanga. ...
Source: The Conversation (Au and NZ) – By Tristan Salles, Associate professor, University of Sydney Examples of Australian landscapes.Unsplash Seventy thousand years ago, the sea level was much lower than today. Australia, along with New Guinea and Tasmania, formed a connected landmass known as Sahul. Around this time – ...
Source: The Conversation (Au and NZ) – By Felicity Castagna, Lecturer, Creative Writing, Western Sydney University Day Day Market, ParramattaPhoto: Garry Trinh I live on the edge of Parramatta, Australia’s fastest-growing city, on the kind of old-fashioned suburban street that has 1950s fibros constructed in the post-war housing boom, ...
Source: The Conversation (Au and NZ) – By Michael Ryan, Teaching Fellow in Economics, University of Waikato GettyImagesfatido/Getty Images There is an ongoing global debate over whether the high inflation seen in the aftermath of the COVID-19 pandemic can be lowered without a recession. New Zealand is not ...
The ‘Wicked Game’ heartthrob is in his late 60s now. That didn’t stop him putting on a lively, goofy and very sparkly show. Apart from ‘Wicked Game’, which graces a sultry playlist of mine simply called 💋, my last sustained Chris Isaak listening session took place when I was about ...
Analysis - Two ministers were stripped of portfolios in a warning to Cabinet, drama broke out at the Waitangi Tribunal, and the gang patch ban bill ran into opposition. ...
Tara Ward makes an impassioned plea for some vital pop culture merch. In April 1999, I became obsessed with a new reality television show called Popstars. Every Tuesday night, five strangers transformed into music royalty before my very eyes as Joe, Keri, Carly, Erika and Megan were chosen to form ...
PNG Post-Courier In the early hours of ANZAC Day, aerial photographs captured an impressive gathering of Australians and Papua New Guineans at Isurava in the Northern (Oro) Province. The solemn dawn service yesterday was held at a site steeped in history, where some of the fiercest battles of World War ...
The PSA is shocked that Oranga Tamariki has used the cost cutting drive to downgrade its commitment to Te Ao Māori and remove many specialist Māori roles. ...
Source: The Conversation (Au and NZ) – By Ian Kemish, Adjunct Professor, School of Historical and Philosophical Inquiry, The University of Queensland There can be no more powerful symbol of the relationship between Australia and Papua New Guinea than the prime ministers of these neighbouring countries walking together on the ...
Source: The Conversation (Au and NZ) – By Sharon Robinson, Distinguished Professor and Deputy Director of ARC Securing Antarctica’s Environmental Future (SAEF), University of Wollongong, University of Wollongong Andrew Netherwood Over the last 25 years, the ozone hole which forming over Antarctica each spring has started to shrink. ...
Source: The Conversation (Au and NZ) – By Viktoria Kahui, Senior Lecturer in Environmental Economics, University of Otago Getty Images/Amy Toensing Biodiversity is declining at rates unprecedented in human history. This suggests the ways we currently use to manage our natural environment are failing. One emerging concept focuses on ...
Source: The Conversation (Au and NZ) – By Timothy Colin Bednall, Associate Professor in Management, Swinburne University of Technology marvent/Shutterstock Finding the best person to fill a position can be tough, from drafting a job ad to producing a shortlist of top interview candidates. Employers typically consider information from ...
Wondering where to host your next BYO? Whether its a small gathering or a massive party, we’ve got some recommendations. I was first introduced to the concept of BYOs at Dunedin’s India Gardens, a legendary but sadly defunct establishment, which purveyed enormous quantities of mango chicken to Aotearoa’s drunkest future ...
Source: The Conversation (Au and NZ) – By Julien Cooper, Honorary Lecturer, Department of History and Archaeology, Macquarie University Julien Cooper The hyper-arid desert of Eastern Sudan, the Atbai Desert, seems like an unlikely place to find evidence of ancient cattle herders. But in this dry environment, my new ...
The sector says it’s hopeful her replacement Paul Goldsmith will be able to throw it a lifeline, after six months with a minister deemed missing in action, 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 ...
The government can't just rely on axing public sector jobs and has to do more to cut spending, says the chief economist at a free market think tank. ...
Rock The Vote NZ, known for its advocacy for minor party unity and its role within the Freedoms NZ Coalition during the 2023 General Election, celebrates this merger as a strategic enhancement of its operational strength and outreach. ...
Nearly everyone has experienced the frustration of something you use breaking and being difficult or expensive to fix. Proposed legislation could change that. It’s been raining on and off all Sunday afternoon but people are lining up outside a building in a corner of Gribblehirst Park in Sandringham, Auckland. In ...
What does a forever relationship look like when you don’t believe in marriage? And how do you celebrate it? This essay is part of our Sunday Essay series, made possible thanks to the support of Creative New Zealand.I’m going to do it, right now. I’m going to say ...
The Prime Minister has committed to resuming direct flights to Thailand. But it’s not a promise he will be able to deliver on anytime soon. The post Prime Minister jumps the gun in Thailand appeared first on Newsroom. ...
It’s not that long ago Eliza McCartney was seriously wondering if the Paris Olympics would be her pole vaulting swansong. After years of being hounded by injury after injury, the Rio Olympics bronze medallist was still confident she would compete at her second Olympics in Paris in July, unless something ...
FICTION 1 Take Two by Danielle Hawkins (Allen & Unwin, $36.99) There’s commercial fiction, like this book, and then there’s quality fiction, quality writers, quality literature; the forthcoming Auckland Writers Festival is full of quality, and ReadingRoom has two tickets to give away to the following events: Paul Lynch (Dublin ...
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You can’t have missed the Gallipoli story as the movies, documentaries, essays and books capture what it was like for New Zealand troops in their eight-month campaign on the Peninsula. But this Anzac Day the Auckland War Memorial Museum has published a book that sheds light on a little-known aspect of the ...
Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra In the free-for-all between the Australian government and Big Tech boss Elon Musk this week, the government had to be on a winner. Most people would have little sympathy with Musk’s vociferous opposition to ...
Asia Pacific Report Chief Mandla Mandela, a member of the National Assembly of South Africa and Nelson Mandela’s grandson, has joined the Freedom Flotilla in istanbul as the ships prepare to sail for Gaza, reports Kia Ora Gaza. Mandela is also the ambassador for the Global Campaign to Return to ...
Pacific Media Watch Journalists who report on environmental issues are encountering growing difficulties in many parts of the world, reports Reporters Without Borders. According to the tally kept by RSF, 200 journalists have been subjected to threats and physical violence, including murder, in the past 10 years because they were ...
Analysis by Dr Bryce Edwards, Democracy Project (https://democracyproject.nz)Political scientist, Dr Bryce Edwards. Prime Minister Christopher Luxon has surprised everyone with his ruthlessness in sacking two of his ministers from their crucial portfolios. Removing ministers for poor performance after only five months in the job just doesn’t normally happen in ...
Source: The Conversation (Au and NZ) – By John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra BagzhanSadvakassov/Upsplash, CC BY-SA Australia’s inflation rate has fallen for the fifth successive quarter, and it’s now less than half of what it was back in late 2022. ...
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I guess thats it.
https://www.stuff.co.nz/national/125308161/andrew-little-rejects-pike-river-families-plan-to-recover-more-evidence
No it clearly is not. The next steps will be to drill the bore holes and analyse the evidence.
So sorry… "should have added within the mine."
The Emperor has no clothes
https://www.newsroom.co.nz/political-beliefs-masquerading-as-science
That is a very penetrating article. Thanks.
Some related reading,
http://bilbo.economicoutlook.net/blog/?p=47506
Paul Krugman presents mainstream hubris.
http://bilbo.economicoutlook.net/blog/?p=47555
Why the present mainstream view still presents only a very narrow perspective on deficit hawks.
http://bilbo.economicoutlook.net/blog/?p=47579
What do deficit hawks think about criticism of their policy failures?
Interesting indeed.
More than interesting….fundamental.
IF confidence is lost there is nothing else to maintain that which underpins society
Waiting for the first Canterbury farmer to refuse ,"Socialistic" handouts from the ,"pretty socialist".
Waiting…..
Well put, was listening to the whining on RNZ this morning, nothing funny at all about family and animal lives being disrupted…but, I have not heard the air raid siren wind up like that since Auckland Chamber of Commerce rep Michael Barnett and Queenstown business reps performances during COVID lockdowns.
Wonder how those plains formed in the first place.
O yeah been happening for centuries.
Aren't they good stout English plains brought from Merrie England by good stout English Yeomen gentleman farmers then?
Internet comment of the day.
Though to be fair, there is going to have to be huge amounts spent on flood protection and proofing in the years ahead.
Maybe they could reinstate some of those wetlands that were drained…
Wonder who gets to pay for that..
Free market insurance companies will refuse to cover flood prone areas as they have done in the past
KJT, Lol Lol.
For every time there is a purpose under heaven,
A time to cry
https://www.stuff.co.nz/national/politics/local-government/300322473/oh-god-sorry-dunedin-mayor-gets-emotional-on-climate-change-and-floods
Dunedin 's cycleways around the harbour from Port Chalmers all the way around to Portobello are outstanding assets for its citizens.
Not if they get inundated by water as most of the cycle way is low laying.
They have been built up for sea level change this century.
You have a look at how high the tide gets around the harbour now it just needs a moderate wind and parts are covered at higher tides.
No cyclists on the road during those times.
I'm there tomorrow I'll have a look.
How much did they raise the path? High tide and the right wind used to see waves coming over the top at Mac Bay.
The rebuild looked like it was over a metre from the original.
I could just ask Fulton Hogan I guess.
I’d love to know. It was such a great thing to build, and am curious what they decided was optimal height.
Worsening climate is baked in now whatever Hawkins does at a local level about emissions reduction. No reason not to do it of course – but a lot of money will have to go into mitigation and retreat. Otherwise we will have a social disaster as people can no longer afford insurance and are wiped out financially, physically and emotionally by floods, droughts, etc.
Hawkins popularity has gone right down because people don't like the reality of changing habits to mitigate climate change such as giving up heavy reliance on cars .
Most people are complaining about congestion and lack of car parks many who supported Hawkins just to keep the ultra right Vandervis out have now changed their allegiance.
Vandervis continues to play the victim in his obsessive drive to become mayor by being anti everything pulling every publicity stunt he can.
Dunedin has ample car parking, and both the consultant who measured it and the Council are in agreement over that.
https://www.odt.co.nz/news/dunedin/council-backs-parking-consultant
Everyone who cares about climate change has to be prepared to fight their councils on it, often for years at a time.
What is “ultra right” supposed to mean here? Is that a lazy term you use for people whom you dislike and/or disagree with?
No it's because I know his politics his connections.Lee wants to sell off all council owned companies.
His over the top complaints cost rate payers millions in Deltas unauthorized developments in Queenstown and Christchurch forcing the council to sell of those developments at fire sale prices.
Lee is all about Lee no one else
That does not qualify him as "ultra right", which tends to mean something quite different and altoegther more dubious.
Don't know about "ultra right", but here's Dunedin city councillor and mayoral candidate Lee Vandervis on climate change (in 2013).
People (and the climate) can change. Maybe Cr Vandervis is just misunderstood?
Councillors united against Vandervis
Outspoken councillor costs own council $94,000 – in part down to a $12 parking ticket
https://www.nzherald.co.nz/nz/dunedin-city-councillor-lee-vandervis-walks-out-of-meeting-over-lying-accusation/CSX4S2JB3VGB42B62Q7RJACOO4/
Any links about that?
Sacha Purely annecdotal from a very well connected Dunedinite.
In other words, unsubstantiated innuendo AKA fake news.
I know many hundreds of dunedinites from dunners and the mood has definitely changed.I have been involved in dunedin politics probably longer than you have been a live.
[fixed typo in user name again]
I’ll have to take your word for it and even though yours is a ‘ironclad argument’, it is in dire want and need of factual evidence to replace your anecdotal hearsay.
If you follow the news down here,that is what many folk are thinking.Hawkins is not up too it,may well move into central politics(Green party)with even less affect. As for Lee I think that boat has sailed,to disruptive.Their will be a new mayor and Deputy after next elections.
Give us a link with something more substantial, please. A poll, a survey, something a little more tangible. I have no idea what I should imagine with “many folk”; tens, hundreds, thousands, some, a few?
Google is your friend,their is plenty over the last couple of years,by the way when did a many become a few, do I have to school you about local body politics. But my point is my view and as I have little data per month* I wont be bothering to link,an further to that I'm not good at it,so mute point,sorry.
*.. only cell phone tethering.Oh I'm trying to learn,computers do my head in,so as stated above"sorry"
No , Google is not my friend; I can find whatever I like, based on all the info Google has on me. You didn’t give any helpful hints either to start a search.
I like to draw attention to the fact that stories, messages, memes and what have are started and spread on the internet by people with an agenda and/or personal bias. For this reason, I cannot take personal anecdote from an anonymous commenter seriously and nor should I or anybody else here, for that matter.
If someone wants to spout a personal opinion on Hawkins, they are free to do so, within the rules of this site. However, they cannot speak for or on behalf of others or make unsubstantiated claims about a ‘change of personal opinion’ as if these are facts!
I live in dunners.
Not sure Hawkins popularity has changed much. The water thing was a bit of a hit, but the griping about carparks from VdV and a couple of other councillors isn't making a dent.
I suspect Hawkins will do another term as mayor (to prove it wasn't luck) then go to central government.
Good to hear a personal view from somebody who actually lives in Dunners.
"Good to hear a personal view……..I'm not going to get into an argument with (comment/mod),only too say read what was said and have a look at links already provided by others.
……..from somebody who actually lives in Dunners. Is that right
edit
Exactly right AB. Oh hell, can some authorities really grasp the enormity of problems, and make plans to help the unfortunates to make reasoned withdrawal plans? Some of these people's houses on low lying areas need to be used as rentals now, while the owners seek permanent places on higher ground, and prepare for a loss on their lower house when it must be abandoned.
The local councils could build expertise in helping larger houses be converted to two or three sub-units, build granny flats at rear, subdivide or cross lease larger sections.
But most of all check with Master Builders or other reliable source on your choice of builder. They are dropping out leaving people in deep trauma. I suggest have a small basic plan that allows for built-on rooms side or over, with Council approval so that foundations are secure. Think about privacy from close neighbours too, Council might not care.
https://www.stuff.co.nz/business/125261794/nelson-builder-disappears-leaving-clients-thousands-of-dollars-in-the-lurch
Apr2016 https://www.stuff.co.nz/business/78954925/christchurch-couple-left-reeling-after-stonewood-mortgage-deal
Council could assist with plans and info. for building sturdy units on steep ground:
https://fraemohs.co.nz/building-on-slope/
https://designeverest.com/blog/hillside-home-projects-their-challenges/
Look at the Finnish designs we were trialling in the 1960s before we ran out of individual initiative.
https://www.designboom.com/architecture/rare-futuro-ufo-house-hits-the-market-new-zealand-11-05-2020/
https://www.theguardian.com/artanddesign/2012/may/10/futuro-ideal-home-wasnt The oil crisis of 1973, which tripled the price of plastic, was the final nail in the coffin. And there went another piece of 1960s utopianism.
For every time there is a purpose under heaven,
What has been is been,what has done is done,there is nothing new under the sun.
https://agupubs.onlinelibrary.wiley.com/doi/abs/10.1029/WR004i005p00909
Hi Poisson, (great name by the way)
It is notable that the Southland floods were preceded by months of drought, a phenomonen, which in the link you provided, is called the 'Noah Effect', but which I suspect will soon become to be called the 'New Normal'.
What will the government do with this piece of hard fact that can't be dithered around?
https://www.rnz.co.nz/news/national/443869/marsden-point-closure-could-expose-nz-to-fuel-security-risks-report-says
The government has been warned that closing down the country's only oil refinery could expose New Zealand to fuel security risks.
The Energy Minister said these risks are not significant, but a consultant's report to the government says the opposite.
The risks centre on reconfigured supply chain, meaning the country would hold significantly less fuel because it held no crude awaiting processing.
Let's NOT go for a system based on 'best practice', best efficiency, and without unexpected outcomes not allowed for, and a childish belief that everything will turn out all right if we just rely on our allies, friends and regular friendly business partners. Here is another opportunity to abandon the country's best interests gummint – leave us wide open as you so often do, no probs, we'll manage, the Little Smart Country with a big mouth!?
For us more risk averse older types, jettisoning the capability for local refining is a big step. The refinery will be decommissioned with various cleanups needed and no quick route back to refining crude. I am close to Marsden Pt by geography and personal contacts. Operators knew something was up last year when fresh catalyst vital to the process, and worth millions was not re-ordered.
https://en.wikipedia.org/wiki/Catalytic_reforming
One of Muldoon’s Think Big projects is basically going to be a storage unit with a pipe to Auckland. Marsden B was never fully commissioned, and the last recent Refining NZ CEO buggered off because the Board would not entertain revising B into solar and other green energy.
The retail petrol companies have certainly done well out of Refining NZ–gifted to them by one Roger Douglas and friends.
Can we buy it for $1?
How we deal with roading will also be interesting… where will our bitumen come from?
Personally I believe it's a mistake as is stopping natural gas production.
What we should do is look to ban imports and have very tight nationalized production here with world leading environmental standards at the ability to use price control to reduce usage.
Stopping local production is effectively just 'off shoring' our emissions looks good on paper here globally speaking at absolute best neutral at worst we start importing say coal on a bunker oil burning ship…
Marsden Point's closure fits very well with the Government's climate change policies.
We will be entirely at the mercy of international markets and prices for all kinds of petroleum products from kerosene, aviation fuel, the different petrols, diesel, bunker oil, and all the way to plastics and tar. And TBF that's a good thing: those regular crises will be largely unhedged apart from some overseas reserve contracts – contracts which mean little in a genuine crisis a we've seen from the Covid vaccine distributions.
So every time there's an oil supply crisis or price spike, those combustion engine alternative debates get fresh alerts in neon lights.
We're in a completely different context to Think Big, which was all about increased energy self sufficiency following the oil spikes of the late 1970s.
I hope that the next step isn't to take up Breatharianism.
https://en.wikipedia.org/wiki/Inedia
Our export sectors are already remarkably comparatively efficient in terms of petroleum inputs.
Our cities however are our sinkholes of inefficiency, which is why it's worth all the dreary effort to make private cars less attractive.
Oh can we expect private cars to be treated like tobacco and priced higher and higher and made more difficult to obtain can we?
The entire electrification process is fueled by fossil fuel … without security of supply the process simply cannot be brought to fruition.
No Diesel => no transport => no wind farms => no more hydro capacity built => no more rail network => no more FOOD
Most Tier 1 construction companies are replacing their light truck fleets to prepare for the Climate Commission targets. Won't happen all this year, but they know that if they don't demonstrate they are going Net Zero, they just aren't going to win the next job.
Those are the people that use the trucks to transport those great wind farm components. I'm building one at the moment.
So no, your causal chain doesn't have any bearing on the reality on the ground.
Someone may have noted this but just in case … We may have to deflate the Transtasman bubble.
https://www.rnz.co.nz/news/world/443849/victoria-authorities-consider-extending-covid-19-lockdown-over-rapid-virus-spread
The state reported six new locally acquired coronavirus cases on Wednesay taking the outbreak to 60 cases.
Chief Health Officer Brett Sutton said on Tuesday night that the virus was moving "faster than any other strain we've dealt with".
"We're seeing transmissions in settings and circumstances we've never seen before," he said.
His comments came as a new positive case was identified in a Victorian who had travelled to New South Wales and back again, prompting a whole raft of new exposure sites.
For the first time, health officials have seen four or five cases where people were infected by strangers by casual contacts.
Victoria's Covid-19 testing commander Jeroen Weimar said the interactions were "very fleeting contact" and quite different to what Australia is used to seeing…
"What we're seeing now clearly is people who are, they're brushing past each other in a small shop, they're going around a display home, they're looking at phones in a Telstra shop," he said.
https://www.rnz.co.nz/news/business/443894/rbnz-to-wear-cost-of-monetary-policies-and-economic-support
So. if money supply tightened then inflation might go up? And might inflation being low be part cause of those without personal debt having a field day and those with debt in 'credit' cards, be most subject to the other inflation rise in housing and food?
It can be important to understand that terms may have different meanings in different contexts. As that piece explains the RBNZ has done a lot of spending to help make the govts deficit spending happen fluidly. This is called a cost, but in practice its only the RBNZ which issues these monies anyway. If you understand the RBNZ spending as the countries house hold chore roster, then that cost here means it has recorded more chores being completed recently. That should also align with the temporary decision to purchase a lot of output in the form of a wage subsidy, while the govt budget is typically mostly focused on buying public goods. The salient point for why this analogy is a better understanding of 'cost' here is that people understand that recording too many items on their chore roster doesn't bankrupt them into being unable to record additional chores.
In terms of inflation its going to be important to understand its a phenomenon of general price increases and not of relative changes in the price of different goods and services. Yes, this makes it contentious how to measure inflation as the aggregate price of which identified bundle of goods.
But it seems reasonable to expect inflation to go up only once the level of spending starts to push on productive capacity to deliver. At that point businesses might increase prices or they might further if wage increases cause a loss of their margins. The salient point being inflation will be caused by something which causes many businesses to decide to put their prices up.
It just doesn't seem that businesses pay much attention to the money supply when adjusting their prices.
Seeing it now, 7-13 % across the board in my industry with reviews in 3-6 months
Its more important to understand that the RBNZs bond purchases dont directly add money to the economy…and that any 'cost' depends upon what happens offshore and the relationship between the NZD and the major tradeable currencies…if and when those actions impact the cost of debt financing in the future are largely out of our hands.
"Its more important to understand that the RBNZs bond purchases dont directly add money to the economy…"
In what sense? These are the transactions,
1) the govt (usually the DMO) sells bonds to primary dealers, removing money from the economy in exchange for a bond and allowing the buyer to specify a price at which they buy.
2) the RBNZ buys these bonds on the secondary market, using its intrinsic spending capacity, and providing that money back to the bond seller. This usually happens at a small capital loss to the RBNZ so the primary dealers get a small profit for acting as intermediaries here.
3) At some similar time the treasury will spend the borrowed funds. If that happened before 1 then potentially the same funds were used for step 1 (in some sense).
But the point is that the RBNZ bond purchase directly put spending ability in the economies hands including a net profit on the DMO's initial borrowing.
Nic theNzer Could the Reserve Bank set up its own system for supplying credits to a government department or agency providing cheap housing loans to specific young adults rather than trying to influence banks in certain ways to do this. It is indirect and not very effectual. As the banks do not find it a good market, there is market failure here, and could the RB step up with a limited amount of capital to start to fill this gap?
Yes absolutely. I believe there are still provisions in the act where the finance minister can demand the RBNZ provides loans to the govt directly, for 6 months time frame. That the govt was not doing this was highlighted by Grant Robertson before QE was initiated.
Further with some changes in legislation the RBNZ could alternatively provide treasury with an unlimited overdraft on its account in the payments system.
But banks and other primary dealers seem quite willing to participate in this given the miniscule risk small profit terms.
Thats in terms of govt spending.
In terms of housing loans, yes, thats basically how student loans work. Though the govt would probably need to look at the credit conditions it lends on a lot closer. As the BNZ bank failure showed there should be an independent regulator somewhere in the mix.
The bond purchases are from institutional investors and increases their collateral but not their spending ability as that collateral remains within the RBNZ reserve accounts…the only spending capacity that leaks into the system is through the minimal commissions to the approved traders and increased private bank lending promoted by the reduced interest rates…assuming the economy can service the additional lending and has a purpose for it and the banks are confident their capital is not at risk.
On the Government side (fiscal) the increased borrowing capacity theoretically will lead to greater government spending into the economy but we know how slow that spending is getting out the door….especially when you have one eye on interest rates and debt serviceability.
And meanwhile you are reducing the spending capacity of savers with the reduced interest earnings on investment
So its in a M3 vs M1 sense. But even in this case those payments all increase spending power. If at step 2 the institution sells for a depositor then there is a credit to their M3 account. If its for the institution then that institution holds more cleared funds eventually if they are not spent that becomes profit to be paid out.
And of course 3 is crediting accounts also raising M3.
Finally M1 is a component of M3 anyway.
So your statement which I quoted is simply incorrect.
M3 includes money NOT in circulation….for the reason outlined above
Sure along with money in circulation. But thats simply irrelevant to your claim. When the RBNZ makes a bond purchase the digital equivalent of cash becomes property of a non-government institution and its spending ability goes up. This refutes your statement.
Except as collateral in the reserve accounts it is not available to inject into the market.
You refute nothing….the RBNZ has bought approximately 50 billion in bonds in just over a year (roughly 15% of GDP) …..where is it? It is not circulating in the economy, it is sitting within the RBNZ reserve accounts….an asset swap, as the RBNZ themselves stated. Collateral.
Your being confused by monetary aggregates not behaving in the economy as expected. The turnover rate of money can and does change. For obvious reasons in the last year savings rates went up significantly and that is where the govt income boost ended up. It turned out in net that the balance was about right and there has only been a small decrease in employment. But knowing how these transactions work its absolutely clear non-govt institutions spending power went up. Just because your idea about how spending works is wrong doesn't mean the aggregates are wrong.
Thanks Nic the NZer. I'll read that a number of times, and pick up different points each time, and finally I won't see through the glass darkly as the saying goes.
If housing Cost's were put back in the CPI inflation would measured at 3 to 4% and the Reserve bank would have to put interest rates up to counter the oversupply of money.But then in an anaemic world economy it would make it harder for NZ to trade as our $ would go up as well. Making exports dearer.
The link covers what is and isn't counted in CPI measures.
https://www.google.com/amp/s/amp.rnz.co.nz/article/9fbc0eaa-f571-46b2-bd19-fd6c1304babe
If its a case of putting back in these items at which time was CPI 'correctly' measured?
While 3-4% would be high if the RBNZ could get inflation inside the 2-3% band it would be meeting its present inflation targets.