Well, silly you then. Supply & demand dictate the outcome – so when you get govts of the left & right flooding Aotearoa with immigrants for many years, you get more people than available houses. Stopping the Chinese influx was just the first step, and it happened years later than it ought to have. Politicians ignored the problem for as long as they could, until voters started to notice it.
Given how thick voters are, that was always going to take years. So now the politicians want to cover all Ak's prime food-producing land with houses. We call this democracy in action. We could call it people-pollution.
The usual line – "Look! The coalition government's already been in power a couple of years and still hasn't fixed the problem National spent nine years aggravating! Who will save us from these incompetents? How about returning National to power? That would be the best solution, right?"
You mean, little to nothing apart from ending various aggravating factors National had allowed to continue, extending the bright-line test, changing rental laws, re-building the Housing ministry and emarking on a massive house-building programme that's currently seeing the most state houses being built since the 1970s? Sour grapes much?
My grapes are ripe yet and I'm not eating them for at least another month….
All that you said on one side of the equation, balanced with: refusing to implement a CGT, not altering the landlord subsidy and keeping the migration tap open.
I notice you avoided bringing Kiwibuild into the discussion…
So, they haven't been able to do every single thing you wanted, which in your mind equates to them having done "little to nothing." Everyone's entitled to their opinion.
I didn't mention Kiwibuild because it's just one part of the house-building programme I mentioned. It's not a very successful part, which I suppose is why you raised it, but the government's programme still has thousands of houses being built every year, something we haven't seen for a long time. How is that "doing little to nothing?"
They have done quite a few things that I am stoked about: moving minimum wage towards living wage, kept quiet during JLR vs Bennett/Bridges, led in an appropriately compassionate way following ChCh murders/ Whakaari, re-entry @ Pike River.
My grizzle is what I mentioned (CGT, accom. supplement, migration) are what I expect from the other mob. Which, by the way, Labour have had three terms to plan how they could avoid the Kiwibuild 'mis-steps'.
No sour grapes from me. I own my own home. my lemon trees aren't liking the haze and lack of summer, but that's another issue.
My issue is that we are continuously expected to just believe labours election promise that they will fix the housing crises, when all the metrics and evidence point to a complete lack of control of the situation by this government.
How long do we keep having blind faith in this government because apparently the other lot are so bad?
My issue is that we are continuously expected to just believe labours election promise that they will fix the housing crises…
Did they promise to have this crisis that was 15 years in the making fixed within two years? That would have been very foolish of them, and it would have been very foolish of you to believe it if they had promised it.
How long do we keep having blind faith in this government because apparently the other lot are so bad?
Again, having blind faith would be foolish. The question is, which of the alternatives in front of this election has policies more likely to improve the housing situation, and which has policies more likely to degrade it further? If you'd prefer the situation to improve, then yes you'd better support this government because the other lot will degrade it further.
Do I A) want the housing crises to worsen slowly so that there is no end in sight or B) do I want to ride unchecked until it’s inevitable crash and hope the government of the day is brave enough to not give bailouts to the enabling parties?
given a desire for either scenario, which major bloc do I vote for Milt? The answers aren’t there as no government of either colour is willing to admit they prefer the outcome of A as it kicks the can so far down the road it won’t be their problem.
Classic Trump / Hillary problem at the moment with the majors. Who do I not want to vote for the least
Jesus, this again. Bitching about a party with 8 MPs failing to dominate the legislative agenda just makes you look stupid. If you want to see more of their policies implemented, encourage more people to vote for them.
its getting boring listening to people defend a government 2/3 of the way through its term that is yet to achieve anything meaningful on housing, despite all the rhetoric. Are we supposed to just believe that it will all change for the better if we blindly vote for another term despite current performance?
your exasperation is misplaced. Tell the pollies, the voters are sick of being told they’re stupid for not blindly agreeing
And where is labour on this? They had interventionist policies on housing too and between them and the greens they did have enough votes to dominate the legislative agenda.
And when you look at the make up of this government and find that nz fist have to be placated on some issues, things like the CGT don't get done, which is exactly why the flavour numbers of mps in a coalition matter. It’s not having a simple majority that really counts under mmp.
As The Al1en pointed out already, that's exactly how politics works. If not enough people vote for parties with the kind of policies you'd like to see, those policies don't get enacted.
its getting boring listening to people defend a government 2/3 of the way through its term that is yet to achieve anything meaningful on housing, despite all the rhetoric.
The achievements are substantial, especially when you take into account the scale of the problem and the fact the government is a coalition of three parties with sometimes-incompatible agendas. As mentioned already, if you want to see more progress, persuade more people to vote for the party with the policies you want to see enacted and discourage them from voting for parties that will only exacerbate the problem.
…between [Labour] and the greens they did have enough votes to dominate the legislative agenda.
Between them they have 54 seats in a 120-seat Parliament. If you have some hitherto-unknown method of dominating the legislative agenda with a minority of the MPs, please do share it with them.
""Look! The coalition government's already been in power a couple of years and still hasn't fixed the problem National spent nine years aggravating! Who will save us from these incompetents? How about returning National to power? That would be the best solution, right?""
Classic Jamesisms, nicely captured by Psycho Milt.
Break the Wesfarmers / fletchers building materials supply duopoly, create a nationally funded apprentice college network similar to the old polytechnics and insist that master tradesmen engage at a guild level for apprentices for master accreditation, remove council fees beyond processing costs on consents and therefore the gst on council fees.
Now what do you suggest? Let me guess….kiwibuild reset?
No, strangely enough, I agree with your propositions in that area. Quite good ideas to my mind.
We may be on the same side. The thing is that you appeared to be suggesting that we dump current Govt and vote National again.
Voting National would never achieve what you propose, would it?
No. I’m just not defending this governments behaviour on the premise that National were worse. It’s binary and allows this government to abdicate any responsibility for contributing to the mess
Our over priced housing has multiple causes … all that's happened is one form of aggravation; hot Chinese money looking for a safe haven has been replaced by another aggravation … persistently low interest rates.
And as Dennis says … high migration. One factor everyone likes to pretend won't happen, what happens if the Australian economy/climate tanks and around 500,000 passport holding kiwis with limited access to welfare over the ditch decide to come home? Lowish likelihood, but potentially a big impact.
Yes the low interest rates are the latest tool' to defy market realities.
No Govt can withstand a large drop in property prices.
Hopefully the Coalition or Labour alone, can prevail in the next election and really bring about some programmes to make the Kiwi dream affordable again.
This steady as she goes term ,albeit with good intentions needs to transform into inspired action.
Add into the 500,000 plus New Zealand passport holders several million Australian passport holders who can reside, and buy property, in New Zealand and we could have an accomodation crisis of unimaginable proportions.
I'm not convinced it's likely … but it's a risk we rarely discuss. Given that almost 25% of people ever born in NZ are now living overseas, we are remarkably exposed on this.
The silver lining is that most ex-pats would return with some decent funds and much of it would go into building new housing.
Low interest rates are not driving house prices to any extent, just as high interest rates didn't proclude house price rises prior to the GFC. The reserve bank could raise interest rates to the extent of collapsing the housing market but would at the same time cause mass defaults and probably a recession. This is not a valid policy for an institution charged with promoting financial stability.
But directly there is no good reason to believe people are significantly trading off interest rates and prices when going into the housing market. The theoretical economic concept of a natural interest rate (for the central bank to target) is also known to be pretty dubious.
The Reserve Bank is not there to "Fix" the current housing crisis. We were told during the election campaign that there this WAS an issue and that should we vote in Labour then this would be rectified. They had 9 years in Govt and 9 years in opposition to isolate the causes and implement fixes to these.
To date there is no evidence that any changes made have halted this issue and that there are signs of the housing crisis abating. To continue with the immigration policy of increasing Kiwis by 55k p.a. does nothing but place increased pressure.
and headlines like this "Rental squeeze: Easier to find a job in Wellington than a flat, says professional on $100,000 salary" does not give confidence that this crisis has been addressed, but has deteriorated.
Are any current or future govts just hoping that the Market Will correct of that there is a recession 🤢??
When historical house price to income ratios are compared with those today,there is an imbalance of concern.
Scrutiny of the sub prime fiasco in the U.S will reveal the frenzy of loan originators to peddle mortgages to anyone with a pulse.
(There was a corresponding increase in supply in the U.S too and non recourse.)
Whilst that has not happened to the same extent here,one feature is very evident and that is ,existing home owners have been increasing borrowing leverage ,ie the wealth effect.
The extension of the brightline test to 5 years appears to have stymied flipping and the foreign buyer rules are having effect. (screaming in Queenstown).
Orr is correct in increasing the banks cap ratios.
People should expect a correlation between house prices and wages and C.P.I
It is no wonder property is excluded from inflation assessments,it would blow them to kingdom come.
$650,000 homes are not affordable homes.
When the rubber hits the road(*recession)people will look to the Govt for a bail out,that's for sure.
We are clearly on different dimensions regarding the meaning of facts and logic. I am sticking to my conclusion that the rate of house price inflation can be measured as the percentage rate of those prices increasing.
So whats the primary cause of interest rate fluctuations for mortgages?
As far as facts and logic go….'there is no good reason to believe people are significantly trading off interest rates and prices when going into the housing market. '
In your world cost and affordability are not aligned.
The most important factor in setting market interest rates appears to be the OCR. Eg its the interest rate the reserve bank wants. But obviously the reserve bank policy doesn't fluctuate much (and I don't see why that is a relevant thing here).
In the real world cost and affordability are not well aligned. Cost is related to the house price but affordability is a question of income which in a lot of cases doesn't even come from the asset or in other cases is a positive function of asset price appreciation. People buying into the housing market (esp for profit) seem mostly interested in which areas are going to appreciate next, not what the going interest rates are.
'For example, the Reserve Bank would tend to increase the OCR in response to an increase in inflation pressure. The rise in the OCR would tend to flow through to higher bank interest rates, which would offset the pressure by shifting preferences from consumption to saving, because the cost of borrowing has increased, and the return from savings is also higher. This translates into a lower demand for consumption and investment goods, easing the inflation pressure in the economy. When the OCR is raised, it also results in an appreciation of the New Zealand dollar because the demand for New Zealand interest-earning investments increases. As the demand for the New Zealand dollar increases, the value of the dollar appreciates. The higher dollar dampens exports and increases the demand for the relatively cheaper imports, also lowering demand and thus the inflation pressures.'
As far as property inflation goes ,it has been rampant for years and the opposite to the above is being implemented.
Sure, but you know that this conventional wisdom is wrong. This is because there is no such market for savings vs borrowing to trade off in. I have observed in your comments that you know that market doesn't exist because banks originate the funds during the lending process (eg nobody loses access to there savings when a new loan is created so the described trade off doesnt occur).
The inflation measure is the CPI and house prices are only nominally measured within the CPI (building cost increases excluding land) …existing housing asset (bubbles) dont form part of the CPI, some may say conveniently
Nic. You always make challenging replies. You are right that interest rates by themselves are not a direct predictor of house prices … but the ability to service a loan is. We are in quite a different position prior to the GFC, mortgages were typically small enough that interest rates in the 7-9% range could be tolerated.
But now with many households with over $500k of debt, or a lot more, they're a much more sensitive to even quite small interest rate rises.
This is an effect Steven Keen wrote a fair bit on, in the big picture Debt to GDP ratio was a critical parameter most economists didn't place enough importance on at the time. He's been proven right and we see a lot more attention on it now.
I saw what appears a quite enlightening comment by Warren Mosler recently. He describes the inflation process as a price setting mechanism occuring when new (higher) prices are accepted by the institution making payment.
That suggests that commercial banks have been driving house prices with the change to lower equity loans, which the reserve bank has had some influence on. The US had a significant issue with property valuers over valueing properties (at the behest of banks) and this also supports house price inflation.
I don't actually see it as a housing market issue however. Overall the government has not been as accomodating of public sector wages (same mechanism as Mosler describes, govt chooses what to pay public sector) and the shift to monetary policy has squeezed private sector wages for many as well. Its no wonder that housing costs are well above incomes after 20+ years of this pressure. The only surprising thing is that so many people expect a natural and automatic balance to exist between housing and other prices (including wages).
I had already identified during the last election that Labours Kiwi build policy could not 'fix' house prices and was at most hopeful that public sector housing stock would be built. Looking at the housing market as supply and demand driven will never suggest a workable solution to house prices. Asset markets are not remotely amenable to that because asset inflation generates passive income at the same time it adds cost to new market entrants.
I think I found and watched this discussion (June 2018).
At a later stage Mosler makes the same claim that a permanent zero interest rate central bank policy is not inflationary.
I thought Keen was a bit off in his disagreements there. But its probably relevant to understand that a trade surplus makes domestic policy easier to implement.
but that asset price MUST remain serviceable…. otherwise mass default a la GFC subprime mortgages. And the banks (including central) set the rates and create the lending with one eye on that at all times to their maximum perceived benefit…..and we all hope their judgement is not found wanting (again)
Also, I don't see the argument that interest rates of 7-9% were tolerable as saying anything meaningful. The model is not, the Reserve Bank sets interest rates as high as may be tolerated. The model is something like, the Reserve Bank sets an interest rate to bring inflation rate towards the target.
The (small) problems being that monetary policy has neglegible impact on inflation anyway and some key prices (wages and housing) are adjusting relatively to each other in problematic ways.
Socialism as yet undead: "Spain's caretaker socialist Prime Minister Pedro Sánchez has narrowly won a confidence vote in parliament, enabling him to govern in coalition with far-left Podemos." https://www.bbc.com/news/world-europe-51019358
"The dramatic open vote, by a simple majority of MPs, went 167 to 165 in his favour. Abstentions by Catalan and Basque MPs played a critical role. He will now form a minority government. It will be Spain's first coalition government since democracy was restored in 1978, after the Franco dictatorship."
Can socialists do consensus politics? This will be the test. "The new coalition plans to raise income taxes for those who earn more than €130,000 (£111,000; $145,000) annually. They also plan to reverse some labour market reforms passed by the previous conservative government, which made it easier and less expensive to fire workers."
"PSOE spokeswoman Adriana Lastra accused right-wing MPs of "bullying"." Combining complaint with virtue-signalling in a single word. "She said MP Tomás Guitarte of the small Teruel Existe party had suffered so much pressure that he concealed his whereabouts out of fear. She said he had received more than 8,000 emails urging him to vote "no" instead of "yes"." If 8000 emails arrived in your inbox one day would you run & hide?? Nah, get tough, don't wilt under pressure.
"The ERC decision came after Mr Sánchez agreed to open a formal dialogue on the future of Catalonia, if confirmed as prime minister, and to then submit the dialogue's conclusions to Catalan voters. The Catalan separatists' drive for independence overshadows Spanish politics, with the conservative and far-right opposition parties bitterly opposed to it. Mr Sánchez said he wanted to free Spanish politics of its "toxic atmosphere". He said dialogue was necessary to "overcome the territorial disputes, always in line with the constitution". The PSOE opposes granting Catalans a legal independence referendum, while recognising that both Catalonia and the Basque Country are nations within Spain, and not just regions. The Catalans and Basques already have a large degree of autonomy."
Another Catalan vote seems sensible. If he can design a compromise between enhanced autonomy & independence, and Catalans vote to support it, he will have proven his expertise – and socialism will get some regeneration via consensus politics.
Simon would have received a silky treatment to smoothen the path. He wouldn’t have to say much because, unlike Simon, they are masters in reading body language and would have read him like an open book. They saw him coming all the way from New Zealand.
The relevant principle being non-alignment. Being allied tends to look like non-conformity to the principle, huh? I don't see our help with peace-keeping overseas as making us allies with whatever else country is likewise helping. However, as regards being in the arena when the yanks launch attack drones, perception that we are allied with them could indeed be a problem.
I hope the Greens can get the coalition to see that. Golriz seems to have issued an appropriate message, muted and politic, well done. Now Iraq has called for us to head for the exit, let's do that asap.
But the time is rapidly coming when political leaders and former political leaders need to start sheeting home scathing criticisms directly to the persons responsible ie. Donald Trump and his inner sanctum heavies.
At the moment they act like they are treading oven broken egg shells. All that does is provide the Chump with further evidence he can get away with anything he likes.
This has shades of Lianne Dalziel circa 2002 all over it.
Iirc, Dalziel as Minister of Immigration about that time, sent back to Sri Lanka a young child whose parents were resident, but not citizens, and the child was neither? I could be wrong (probably am) but Lees-Galloway's decision here seems similar.
Labour ministers never seem to have a good record in the immigration portfolio.
Prior to new year's eve, BBC reported Putin "thanked US counterpart Donald Trump for intelligence that helped foil "acts of terrorism" on Russian soil, according to a Kremlin statement. Mr Putin and Mr Trump spoke on the phone on Sunday, it said. The Kremlin said the information came via intelligence services, but it provided no further details."
"Russian media is reporting the discovery of a plot to attack St Petersburg over the new year period. Tass news agency says two Russian nationals have been arrested and plans to attack a mass gathering were seized, according to a spokesperson from the FSB, the Russian intelligence agency." https://www.bbc.com/news/world-europe-50941754
It would have been sensible for Trump to have sussed out how Putin felt about his option of taking out the Iranian general, during their discussion. However Trump is rarely sensible, and the option may have come up fast due to being sourced in observation – secret travel arrangements usually don't forewarn opponents.
"In December 2017, Mr Putin thanked Mr Trump for another warning from US intelligence agencies, which again apparently prevented a terrorist plot in St Petersburg, according to a White House account. During that call, the Kremlin said Mr Putin had promised to reciprocate with information about terrorist threats to the United States."
Never discount the value of a verbal contract between top leaders in geopolitics, however conditional they may be. I suspect the two have a reasonable understanding on a personal level. It's a question of how destabilising Putin feels the assassination actually is.
Looks like Putin is being sensible in getting an impartial perspective from the German leader, to avoid the knee-jerk response and optimise his options.
Very interesting. In my mind I've always painted Trump and Putin as 'about as bad as each other, but in very different ways'. What they do have in common is that both are nationalists, and neither man is a sociopath who wants nothing more than to visit devastation on the world.
Putin is first and foremost a Russian nationalist who has led his country to a remarkable recovery from the disaster of the 90's. He absolutely doesn't want a US-Iran confrontation on his southern border region.
Trump is similarly a US nationalist, but who has inherited an intolerable shambles from prior Administrations. He want’s out too, but is so entangled in the ME that he needs to slash and burn some crap first.
That they are talking is more reason to hope than not.
What are your thoughts on the Iran Nuclear agreement and the way Darth Drumpf trashed it, even though his own administration was certifying that Iran was fully complying with it?
N will have been briefed beforehand. Consulted, even, would be my guess. There's a good reason the top jew in the Trump team was put closest to the oval office. "Kushner's office is physically the closest to the Oval Office."
Trump spins on a dime. Here's his framing of the u-turn: "Mr Trump said that "according to various laws" the US should not target these cultural sites. "You know what, if that's what the law is, I like to obey the law," he said." https://www.bbc.com/news/world-middle-east-51027619
Notice the subtle caveat. Guiliani or someone gives him views on which laws it might be a good idea to obey, or when it may be timely to create that impression in the public mind.
Voters rejected Corbyn's socialism, so the Labour mandarins feel they must swing back to market forces and are waving an olive branch at the Blairites?
They could go further. Tell the people that selling the right to vote to the highest bidder is a damn good idea. Have an auction. Middle class wannabes would love it. Get Simon Cowell to stage the thing for primetime tv – suddenly Labour would seem trendy to a huge swathe of voters. 🙄
I paid $5 to vote for Andrew Little as Labour leader. All cobwebs as regards social democracy in that party but present pricks, tho' more sellable, are worse. I hear the party in Britain is now firmly Corbynist in membership, and up the echelons a bit. Which is what I desired from and desire from Corbyn and Sanders respectively.
Sometimes you have to wonder how much the loony Christian fundamentalism within the US government want to see the world burn. Dick Cheney, being the one who opened the door.
Video is 25 minutes long, and good view from a former staffer in the Bush Presidency.
"The Pentagon said Iran fired more than a dozen missiles. "It is clear that these missiles were launched from Iran and targeted at least two Iraqi military bases hosting U.S. military and coalition personnel at Al-Assad and Irbil," Jonathan Hoffman, assistant to the Secretary of Defense for Public Affairs, said in a statement." https://edition.cnn.com/middleeast/live-news/us-iran-soleimani-tensions-intl-01-07-20/index.html
If Pompeo wasn't killed, Iran has failed to achieve parity. Mullahs failing to respond severely, after declaring they would, are likely to lose credibility in the opinions of their followers. Will the govt of Iraq declare war on Iran? An unprovoked attack on two of their bases merits the traditional response. Having told all foreigners to get out, these tough guys are dead keen to go it alone. Or maybe not…
What a puerile, childish and idiotic comment. The Iraqi government is powerless.
The two bases hit are effectively US territory, and they are unequivocally major US military installations being unequivocally attacked by the military of Iran.
The Greek chorus of Trumpian chumps who made light on this site of the assassination of Qassem Suleimani completely failed to grasp that by carrying out that killing the United States effectively declared war on Iran. No nation can sit back and allow another to assassinate it's top leaders with impunity. Iran is now taking the US at it's word and has struck back.
To make it clear – by any reasonable standard of international behaviour a state of war has existed between Iran and the United States since the 3rd of January 2020.
What the fuck did the US administration think Iran would do after that assassination?
Iran and the US have been in a state of conflict for a very long time … while it's true the Trump pushed events over an important threshold in the past week … none of this happened in a vacuum.
The theocratic thugs who run the Iranian regime are not nice innocent people, any more than any of the other cynical bastards tangled up in this.
Get a grip, lad. If they were US bases CNN would have described them as such. Or are you trying to subtly imply CNN journalists can't even get such elementary facts right??
How adequate the response from Iran has been remains to be seen from casualty figures. My point was re the court of public opinion in Iran. Loss of their top military commander, weighed in the balance against how many US soldiers?
Most people would view that as an ineffective response regardless. Think of it as a chess move: lose a Queen and retaliate by taking a few pawns. Doesn't rate.
Hey Sanctuary, in the interests of not increasing people's stress, can you please tone down the pejoratives? It's fine to point to perceived ignorance in comments with some analysis, but once you start aiming that at people and name calling, it becomes a problem for moderators.
I hear you, but at the same time if someone writes six plus posts of 600 odd words and then reveals he isn't even aware of what bases the US has in Iraq…
Well, being called an idiot I would have thought is as polite a reply as one should expect.
I bite my tongue on the internet all the time 😉 The choices we make about what we write after reacting are what determine whether a shit fight breaks out (and then whether the mods get involved).
I admit I was teasing him. But since he didn't tell the truth (refer to joint bases) tweaking his tail was fair enough, eh?
The point being that the rockets were an offensive action against both countries – Iraq and USA. I get why leftists are addicted to demonising the USA. Spent much of my life feeling that way too! But political commentary is more effective when based on fact rather than misrepresentation.
"I admit I was teasing him. But since he didn't tell the truth (refer to joint bases) tweaking his tail was fair enough, eh?"
No idea. I'm not reading much of the commentary on this, just enough to keep an eye on moderation and what might be developing. My main point here would be that tensions are high enough without us winding each other up 🙂 Where that line lies is on all of us.
The point being that the rockets were an offensive action against both countries – Iraq and USA.
Just as the US drone strike in the Iraqi airport was a offensive action against both Iraq and Iran. Looks to me like a proportionate response bearing in mind that the drone didn’t give radar warnings of have to go through have to go through anti-missile defenses.
Most people understand tit for tat. It's even in the Bible (`an eye for an eye'). But, as I pointed out in 12.1, re the effect on the credibility of the mullahs, those that count are in Iran.
The reason Sanctuary is doing his hysterical thing is that the truth hurts, so folks get emotional. Once the feelings subside, a cooler clearer appraisal becomes possible…
I think a “cooler clearer appraisal” might not apply to “most people” in Iran now. I think the Kiwis in Iraq might also have slightly heightened emotions.
Attention Jenny: noting a Moderation note is not sufficient. You need to respond to it in a way that shows that you understand and accept your moderation otherwise we’ll just go around in circles, which will lead to a lengthy ban.
Until I’ve seen a satisfactory response from you, you can stop posting comments because they will automatically end up in Trash and I have no means to restore them retrospectively (and this would take up more of my precious time).
Attention Ross: Please stop ‘testing’ because it won’t get you anywhere until you respond to the latest Moderation note that was left for you to respond to and satisfy the Moderator.
I only test when the reply button goes walkabout. Submitting a comment returns the reply option, and then I delete the test message (unless this sticky mouse button posts two entries, as it sometimes does, then only one test entry permits editing).
Nah, tried all options, including deleting browser data, ccleaning, purging, fasting and praying to the aliens. Only thing that fixes it (for me) is to make a test post.
Sorry for the troublesome desk rodent when it plays up, though. I should pick up a new key/mouse set at some stage, but at least the reason for my tests are out there now. lol
BREAKING: Iran launches missile attacks on U.S. facilities in Iraq, according to Iranian state media
Al Asad air base in western Iraq, which houses U.S. troops, was hit by at least six rockets, according to a U.S. defense official. The White House said it was aware of reports of attacks on American facilities in Iraq and that President Trump is monitoring the situation and consulting with his national security team."
could be useful too. Consumption is the big driver of CC. The problem for NZ is that we choose not to protect vulnerable people. It won't hurt the middle classes to tighten their belts, but I wish they'd learn to share more.
on the contrary…if oil increases it will impact 'growth' and the expected reaction would be an interest rate cut to offset (if there were room to cut) the reduced economic activity
Depends what it does to inflation for the rbnz to cut.if there are pricing signals of an increase the rbnz wont cut.
Internal food costs are sensitive to transport (and a poor growing season at present due to colder weather) impacts the poor firstly on a day to day basis.
RBNZ has 'looked through' potential inflationary spikes for years now….any inflationary impact is likely to be temporary, remembering that fuel prices typically fluctuate through quite a wide range for various reasons….however as said the likely impact on interest rates (if any) would be expected to be down rather than up
Lucky Trump's actions were triggered by something irrelevant, something that doesn't mean anything to him – impeachment – an illegal action of course and without any evidence. (he reckons.)
Imagine how crazy he'd have gone if he was more personally challenged like his tax and financial records facing the usual open scrutiny and ensuing legal challenges. The claimant of the biggest dick being found to need a magnifying glass to be identified would have really set him off.
[Be careful typing your user name correctly, thanks]
The Iranians have made no attempt to hide their direct attack on US forces in Iraq. This is a state action, a response to what was basically a US declaration of war on them. The only hope now for peace is for Trump to panic and chicken out. I really hope Trump doesn't think this is a good war to help his re-election bid. A US president who loses a war won't be popular.
Shit Taji is where the ANZAC training team is atm, I hope Jandal’s tells Ronnie to get the troop asap and thank **** I’m no longer in the Forces and if they do ask me back to the colours it will be a f*** off sunshine etc as I’m not fighting for dumps silly little war / WW3 the Yanks started it so let them finish it without us.
All we need is Rocket man to throw something at Dump and Putin to do something in the Baltic, come to think I’ve read a novel by someone on this same scenario where a war kicks off in the Sandpit and rest fall like dominos.
Poission, I’m not too worried about the Russians in Syria as they have in Syria since late 50’s to early 60’s from memory. But it’s Baltic States that are the weak link to NATO and to EU, if I were a betting man that where I think Putin will strike nexts therefore splitting the western alliance/ economy.
Just watching Trump's son rabbiting on about great his father is. He hasn't said he agrees so much about sorting the Middle East out that he's putting his hand up to go there and help. Funny that.
Last time I was at Kiwiblog they had a regular 400 odd commenters. Versus Left blogs with a quarter of that. 'Kommon Zense' as per talkback radio? Appealing to know-nothingers with a near body to kick apparently beats reason, balance, Ballance, Savage and the whole of our corner of knowledge.
It's very hard to denie climate change global warming and Sealevels rising is our reality. All the intelligence people must keep up the Mana mahi and champion a clean and Green future for all of our mokopuna.
The 2010s were almost certainly the hottest decade on record — and it showed. The world burned, melted and flooded. Heat waves smashed temperature records around the globe. Glaciers lost ice at accelerating rates. Sea levels continued to swell.
At the same time, scientists have diligently worked to untangle the chaos of a rapidly warming planet.
In the past decade, scientists substantially improved their ability to draw connections between climate change and extreme weather events. They made breakthroughs in their understanding of ice sheets. They raised critical questions about the implications of Arctic warming. They honed their predictions about future climate change
The Arctic is warming faster than anywhere else on Earth, with temperatures rising at least twice as fast as the global average.
places like the United States, Europe and parts of Asia — for instance, a link between shrinking sea ice and cold winters in Siberia, or Arctic heat waves and extreme winter weather in the United States.
The trouble is models have a hard time capturing the causes driving these connections.
"No one argues that the Arctic meltdown will affect weather patterns, the question is exactly how," said Arctic climate expert Jennifer Francis, a researcher at Woods Hole Research Center. "So figuring out what's not right in the models will be a major focus. Without realistic models, it's hard to use them to separate Arctic influences from other possible factors."
Resolving the debate will require "a combination of data and modeling," according to NASA climatologist Claire Parkinson. Many scientists are already hard at work on this issue.
One ongoing project known as the Polar Amplification Model Intercomparison Project is conducting a series of coordinated model experiments, all using the same standard methods, to investigate the Arctic climate and its connections to the rest of the globe. Experts say these kinds of projects may help explain why modeling studies conducted by different groups with different methods don't always get the same results.
At the same time, improving the way that physical processes are represented in Arctic climate models is also essential, according to Xiangdong Zhang, an Arctic and atmospheric scientist at the University of Alaska, Fairbanks.
Outside that debate, there are still big questions about the Arctic climate to resolve. Scientists know the Arctic is heating up at breakneck speed — but they're still investigating all the reasons why.
Researchers believe a combination of feedback processes are probably at play. Sea ice and snow help reflect sunlight away from the Earth. As they melt away, they allow more heat to reach the surface, warming the local climate and causing even more melting to occur.
One key question for the coming decade, Zhang said in an email, is "what relative role each of the physical processes plays and how these processes work together" to drive the accelerating warming.
Unraveling these feedbacks will help scientists better predict how fast the Arctic will warm in the future, according to Francis — and how quickly they should expect its consequences to occur. They include vanishing sea ice, thawing permafrost and melting on the Greenland ice sheet
Sea-level rise is one of the most serious consequences of climate change, with the potential to displace millions of people in coastal areas around the world.
There are many old technologically advanced societies around the world that have vanished. They have built structures that our modern society can not duplicate even with all our modern technology.???? So what caused the collapse of these old civilisation the same thing that is causing our world problems man taking mother nature for granted. Climate change and global warming sea level rising. Our scientists have waved a red flag for 40 years. The wealthiest people choose to ignore their warnings and worse they use their money to distort the reality of common people who some they know will be easily manipulated into believing there lies giving them power and in reality putting there own mokopuna in the jeopardy Wake up.
The environment in 2050: flooded cities, forced migration – and the Amazon turning to savannah
Unless we focus on shared solutions, violent storms and devastating blazes could be the least of the world’s troubles. Civilisation itself will be at risk
Good morning. Here is the shipping forecast for midday, 21 June, 2050. Seas will be rough, with violent storms and visibility ranging from poor to very poor for the next 24 hours. The outlook for tomorrow is less fair.”
All being well, this could be a weather bulletin released by the Met Office and broadcast by the BBC in the middle of this century. Destructive gales may not sound like good news, but they will be among the least of the world’s problems in the coming era of peak climate turbulence. With social collapse a very real threat in the next 30 years, it will be an achievement in 2050 if there are still institutions to make weather predictions, radio transmitters to share them and seafarers willing to listen to the archaic content.
I write this imaginary forecast with an apology to Tim Radford, the former Guardian science editor, who used the same device in 2004 to open a remarkably prescient prediction on the likely impacts of global warming on the world in 2020.
Journalists generally hate to go on record about the future. We are trained to report on the very recent past, not gaze into crystal balls. On those occasions when we have to venture ahead of the present, most of us play it safe by avoiding dates that could prove us wrong, or quoting others.
Radford allowed himself no such safe distance or equivocation in 2004, which we should remember as a horribly happy year for climate deniers. George W Bush was in the White House, the Kyoto protocol had been recently zombified by the US Congress, the world was distracted by the Iraq war and fossil fuel companies and oil tycoons were pumping millions of dollars into misleading ads and dubious research that aimed to sow doubt about science.
Radford looked forward to a point when global warming was no longer so easy to ignore. Applying his expert knowledge of the best science available at the time, he predicted 2020 would be the year when the planet started to feel the heat as something real and urgent
Radford allowed himself no such safe distance or equivocation in 2004, which we should remember as a horribly happy year for climate deniers. George W Bush was in the White House, the Kyoto protocol had been recently zombified by the US Congress, the world was distracted by the Iraq war and fossil fuel companies and oil tycoons were pumping millions of dollars into misleading ads and dubious research that aimed to sow doubt about science.
Radford looked forward to a point when global warming was no longer so easy to ignore. Applying his expert knowledge of the best science available at the time, he predicted 2020 would be the year when the planet started to feel the heat as something real and urgent.
North land experienceing drought we have to listen to our scientists and plan for the weather conditions that they have forcast or else one will be in trouble.
A green turtle laying its eggs on a popular beach in Australia it good they have people with the knowledge to move the turtle eggs safely.
That's great Simaria getting The BBC to pay you the same putea as men Mana Wahine.
Trees grow much faster in Aotearoa than other countries maple syrup would be a great sestanable tree crop.
New technologies bowel cancer diegnosed with a mask it's the Ion age great new invention.
That's a excellent take of the hundreds of Sharks around the Great Barrier Islands. Sharks are a important part of Tangaroa environment and need to be protected and preserved.
Tyson was lucky to servive when his whare burnt down in the middle of winter.
The slide look cool A penguin but it slides the tamariki out to fast causeing injuries one would think they would test it before letting the public tamariki use it.???
I think thats a great move to ban exports of whitebait it will be awesome that in 30 years time everyone comes to Aotearoa to see our presteen wildlife and environment.
The Moana getting hot That's not good it doesn't take much temperatures to rise for life to get extremely difficult.
Bioluminesent sea creatures making Tangaroa look beautiful cool.
Open access notablesIce acceleration and rotation in the Greenland Ice Sheet interior in recent decades, Løkkegaard et al., Communications Earth & Environment:In the past two decades, mass loss from the Greenland ice sheet has accelerated, partly due to the speedup of glaciers. However, uncertainty in speed derived from satellite products ...
Buzz from the Beehive A statement from Children’s Minister Karen Chhour – yet to be posted on the Government’s official website – arrived in Point of Order’s email in-tray last night. It welcomes the High Court ruling on whether the Waitangi Tribunal can demand she appear before it. It does ...
Mr Bombastic:Ironically, the media the academic experts wanted is, in many ways, the media they got. In place of the tyrannical editors of yesteryear, advancing without fear or favour the interests of the ruling class; the New Zealand news media of today boasts a troop of enlightened journalists dedicated to ...
It's hard times try to make a livingYou wake up every morning in the unforgivingOut there somewhere in the cityThere's people living lives without mercy or pityI feel good, yeah I'm feeling fineI feel better then I have for the longest timeI think these pills have been good for meI ...
In 1974, the US Supreme Court issued its decision in United States v. Nixon, finding that the President was not a King, but was subject to the law and was required to turn over the evidence of his wrongdoing to the courts. It was a landmark decision for the rule ...
Every day now just seems to bring in more fresh meat for the grinder.In their relentlessly ideological drive to cut back on the “excessive bloat” (as they see it) of the previous Labour-led government, on the mountains of evidence accumulated in such a short period of time do not ...
This is a re-post from Yale Climate Connections by Megan Valére SosouMarket gardening site of the Itchèléré de Itagui agricultural cooperative in Dassa-Zoumè (Image credit: Megan Valère Sossou) For the residents of Dassa-Zoumè, a city in the West African country of Benin, choosing between drinking water and having enough ...
Buzz from the Beehive Melissa Lee – as may be discerned from the screenshot above – has not been demoted for doing something seriously wrong as Minister of ...
Morning in London Mother hugs beloved daughter outside the converted shoe factory in which she is living.Afternoon in London Travelling writer takes himself and his wrist down to A&E, just to be sure. Read more ...
Mike Grimshaw writes – The recent announcement of the University Advisory Group, chaired by Sir Peter Gluckman, makes very clear where the Government’s focus and priorities lie. The remit of the Advisory Group is that Group members will consider challenges and opportunities for improvement in the university sector including: ...
Eric Crampton writes – The Reserve Bank of New Zealand desperately wants to find reasons to have workstreams in climate change. It makes little sense. They’ve run another stress test on the banks looking to see if they could find a prudential regulation case. They couldn’t. They ...
Rob MacCullough writes – Pundits from the left and the right are arguing that National’s Fast Track Bill that is designed to speed up infrastructure decisions could end up becoming mired in a cesspool of corruption. Political commentator ...
Looking at the headlines this morning it’s hard to feel anything other than pessimistic about the future of humanity.Note that I’m not speaking about the future of mankind, but the survival of our humanity. The values that we believe in seem to be ebbing away, by the day.Perhaps every generation ...
Swabbing mixed breed baby chicks to test for avian influenzaUh oh. Bird flu – often deadly to humans – is not only being transmitted from infected birds to dairy cows, but is now travelling between dairy cows. As of last Friday, Bloomberg News reports, there were 32 American dairy herds ...
On February 14, 2023 we announced our Rebuttal Update Project. This included an ask for feedback about the added "At a glance" section in the updated basic rebuttal versions. This weekly blog post series highlights this new section of one of the updated basic rebuttal versions and serves as a ...
What is it with the mining industry? Its not enough for them to pillage the earth - they apparently can't even be bothered getting resource consent to do so: The proponent behind a major mine near the Clutha River had already been undertaking activity in the area without a ...
Photo # 1 I am a huge fan of Singapore’s approach to housing, as described here two years ago by copying and pasting from The ConversationWhat Singapore has that Australia does not is a public housing developer, the Housing Development Board, which puts new dwellings on public and reclaimed land, ...
Buzz from the Beehive Reactions to news of the government’s readiness to make urgent changes to “the resource management system” through a Bill to amend the Resource Management Act (RMA) suggest a balanced approach is being taken. The Taxpayers’ Union says the proposed changes don’t go far enough. Greenpeace says ...
I’m starting to wonder if Anna Burns-Francis might be the best political interviewer we’ve got. That might sound unlikely to you, it came as a bit of a surprise to me.Jack Tame can be excellent, but has some pretty average days. I like Rebecca Wright on Newshub, she asks good ...
Chris Trotter writes – Willie Jackson is said to be planning a “media summit” to discuss “the state of the media and how to protect Fourth Estate Journalism”. Not only does the Editor of The Daily Blog, Martyn Bradbury, think this is a good idea, but he has also ...
Graeme Edgeler writes – This morning [April 21], the Wellington High Court is hearing a judicial review brought by Hon. Karen Chhour, the Minister for Children, against a decision of the Waitangi Tribunal. This is unusual, judicial reviews are much more likely to brought against ministers, rather than ...
Both of Parliament’s watchdogs have now ripped into the Government’s Fast-track Approvals Bill. Photo: Lynn Grieveson / The KākāMy pick of the six newsey things to know from Aotearoa’s political economy and beyond on the morning of Tuesday, April 23 are:The Lead: The Auditor General,John Ryan, has joined the ...
This is a re-post from Yale Climate Connections by Sarah SpengemanPeople wait to board an electric bus in Pune, India. (Image credit: courtesy of ITDP) Public transportation riders in Pune, India, love the city’s new electric buses so much they will actually skip an older diesel bus that ...
The infrastructure industry yesterday issued a “hurry up” message to the Government, telling it to get cracking on developing a pipeline of infrastructure projects.The hiatus around the change of Government has seen some major projects cancelled and others delayed, and there is uncertainty about what will happen with the new ...
Hi,Over the weekend I revisited a podcast I really adore, Dead Eyes. It’s about a guy who got fired from Band of Brothers over two decades ago because Tom Hanks said he had “dead eyes”.If you don’t recall — 2001’s Band of Brothers was part of the emerging trend of ...
Buzz from the Beehive The 180 or so recipients of letters from the Government telling them how to submit infrastructure projects for “fast track” consideration includes some whose project applications previously have been rejected by the courts. News media were quick to feature these in their reports after RMA Reform Minister Chris ...
It would not be a desirable way to start your holiday by breaking your back, your head, or your wrist, but on our first hour in Singapore I gave it a try.We were chatting, last week, before we started a meeting of Hazel’s Enviro Trust, about the things that can ...
Calling all journalists, academics, planners, lawyers, political activists, environmentalists, and other members of the public who believe that the relationships between vested interests and politicians need to be scrutinised. We need to work together to make sure that the new Fast-Track Approvals Bill – currently being pushed through by the ...
Feel worried. Shane Jones and a couple of his Cabinet colleagues are about to be granted the power to override any and all objections to projects like dams, mines, roads etc even if: said projects will harm biodiversity, increase global warming and cause other environmental harms, and even if ...
Bryce Edwards writes- The ability of the private sector to quickly establish major new projects making use of the urban and natural environment is to be supercharged by the new National-led Government. Yesterday it introduced to Parliament one of its most significant reforms, the Fast Track Approvals Bill. ...
Michael Bassett writes – If you think there is a move afoot by the radical Maori fringe of New Zealand society to create a parallel system of government to the one that we elect at our triennial elections, you aren’t wrong. Over the last few days we have ...
Without a corresponding drop in interest rates, it’s doubtful any changes to the CCCFA will unleash a massive rush of home buyers. Photo: Lynn GrievesonTL;DR: The six things that stood out to me in Aotearoa’s political economy around housing, poverty and climate on Monday, April 22 included:The Government making a ...
Sunday was a lazy day. I started watching Jack Tame on Q&A, the interviews are usually good for something to write about. Saying the things that the politicians won’t, but are quite possibly thinking. Things that are true and need to be extracted from between the lines.As you might know ...
In our Weekly Roundup last week we covered news from Auckland Transport that the WX1 Western Express is going to get an upgrade next year with double decker electric buses. As part of the announcement, AT also said “Since we introduced the WX1 Western Express last November we have seen ...
TL;DR: The six key events to watch in Aotearoa-NZ’s political economy in the week to April 29 include:PM Christopher Luxon is scheduled to hold a post-Cabinet news conference at 4 pm today. Stats NZ releases its statutory report on Census 2023 tomorrow.Finance Minister Nicola Willis delivers a pre-Budget speech at ...
A listing of 29 news and opinion articles we found interesting and shared on social media during the past week: Sun, April 14, 2024 thru Sat, April 20, 2024. Story of the week Our story of the week hinges on these words from the abstract of a fresh academic ...
The ability of the private sector to quickly establish major new projects making use of the urban and natural environment is to be supercharged by the new National-led Government. Yesterday it introduced to Parliament one of its most significant reforms, the Fast Track Approvals Bill. The Government says this will ...
This is a column to say thank you. So many of have been in touch since Mum died to say so many kind and thoughtful things. You’re wonderful, all of you. You’ve asked how we’re doing, how Dad’s doing. A little more realisation each day, of the irretrievable finality of ...
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Introduction: The allure of racing is undeniable. The thrill of speed, the roar of engines, and the exhilaration of competition all contribute to the allure of this adrenaline-driven sport. For those who yearn to experience the pinnacle of racing, becoming a race car driver is the ultimate dream. However, the ...
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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 ...
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Powering up and shutting down your ASUS laptop is an essential task for any laptop user. Locating the power button can sometimes be a hassle, especially if you’re new to ASUS laptops. This article will provide a comprehensive guide on where to find the power button on different ASUS laptop ...
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Two-thirds of the country think that “New Zealand’s economy is rigged to advantage the rich and powerful”. They also believe that “New Zealand needs a strong leader to take the country back from the rich and powerful”. These are just two of a handful of stunning new survey results released ...
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“You talking about me?”The neoliberal denigration of the past was nowhere more unrelenting than in its depiction of the public service. The Post Office and the Railways were held up as being both irremediably inefficient and scandalously over-manned. Playwright Roger Hall’s “Glide Time” caricatures were presented as accurate depictions of ...
Roger Partridge writes – When the Coalition Government took office last October, it inherited a country on a precipice. With persistent inflation, decades of insipid productivity growth and crises in healthcare, education, housing and law and order, it is no exaggeration to suggest New Zealand’s first-world status was ...
Rob MacCulloch writes – In 2022, the Curriculum Centre at the Ministry of Education employed 308 staff, according to an Official Information Request. Earlier this week it was announced 202 of those staff were being cut. When you look up “The New Zealand Curriculum” on the Ministry of ...
Chris Bishop’s bill has stirred up a hornets nest of opposition. Photo: Lynn Grieveson for The KākāTL;DR: The six things that stood out to me in Aotearoa’s political economy around housing, poverty and climate from the last day included:A crescendo of opposition to the Government’s Fast Track Approvals Bill is ...
Monday left me brokenTuesday, I was through with hopingWednesday, my empty arms were openThursday, waiting for love, waiting for loveThe end of another week that left many of us asking WTF? What on earth has NZ gotten itself into and how on earth could people have voluntarily signed up for ...
Hello! Here comes the Saturday edition of More Than A Feilding, catching you up on the past week’s editions.State of humanity, 20242024, it feels, keeps presenting us with ever more challenges, ever more dismay.Do you give up yet? It seems to ask.No? How about this? Or this?How about this?Full story Share ...
Determining the hardest sport in the world is a subjective matter, as the difficulty level can vary depending on individual abilities, physical attributes, and experience. However, based on various factors including physical demands, technical skills, mental fortitude, and overall accomplishment, here is an exploration of some of the most challenging ...
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. ...
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. ...
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. ...
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. ...
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. ...
The Government’s newly announced review of methane emissions reduction targets hints at its desire to delay Aotearoa New Zealand’s urgent transition to a climate safe future, the Green Party said. ...
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 ...
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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 ...
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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 ...
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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 ...
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Changes to the Resource Management Act will align consenting for coal mining to other forms of mining to reduce barriers that are holding back economic development, Resources Minister Shane Jones says. “The inconsistent treatment of coal mining compared with other extractive activities is burdensome red tape that fails to acknowledge ...
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ACT's Rural Communities and Veterans spokesman Mark Cameron responds to cancellations and protests of ANZAC Day commemorations in Wellington. He says, "These pitiful attempts to detract from ANZAC Day are not at all indicative of the feelings of mainstream ...
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https://www.newshub.co.nz/home/money/2020/01/property-prices-largest-national-value-increase-in-years-auckland-dunedin-soaring.html
I thought banning Chineese sounding named people buying houses was going to keep prices down?
Well, silly you then. Supply & demand dictate the outcome – so when you get govts of the left & right flooding Aotearoa with immigrants for many years, you get more people than available houses. Stopping the Chinese influx was just the first step, and it happened years later than it ought to have. Politicians ignored the problem for as long as they could, until voters started to notice it.
Given how thick voters are, that was always going to take years. So now the politicians want to cover all Ak's prime food-producing land with houses. We call this democracy in action. We could call it people-pollution.
The usual line – "Look! The coalition government's already been in power a couple of years and still hasn't fixed the problem National spent nine years aggravating! Who will save us from these incompetents? How about returning National to power? That would be the best solution, right?"
The problem is that the Government has done little to nothing. No one expects a full fix, but progress is a fair expectation wouldn't you agree?
You mean, little to nothing apart from ending various aggravating factors National had allowed to continue, extending the bright-line test, changing rental laws, re-building the Housing ministry and emarking on a massive house-building programme that's currently seeing the most state houses being built since the 1970s? Sour grapes much?
My grapes are ripe yet and I'm not eating them for at least another month….
All that you said on one side of the equation, balanced with: refusing to implement a CGT, not altering the landlord subsidy and keeping the migration tap open.
I notice you avoided bringing Kiwibuild into the discussion…
So, they haven't been able to do every single thing you wanted, which in your mind equates to them having done "little to nothing." Everyone's entitled to their opinion.
I didn't mention Kiwibuild because it's just one part of the house-building programme I mentioned. It's not a very successful part, which I suppose is why you raised it, but the government's programme still has thousands of houses being built every year, something we haven't seen for a long time. How is that "doing little to nothing?"
They have done quite a few things that I am stoked about: moving minimum wage towards living wage, kept quiet during JLR vs Bennett/Bridges, led in an appropriately compassionate way following ChCh murders/ Whakaari, re-entry @ Pike River.
My grizzle is what I mentioned (CGT, accom. supplement, migration) are what I expect from the other mob. Which, by the way, Labour have had three terms to plan how they could avoid the Kiwibuild 'mis-steps'.
Next to nothing is far from my thinking.
BTW, I meant my grapes aren't ripe.
No sour grapes from me. I own my own home. my lemon trees aren't liking the haze and lack of summer, but that's another issue.
My issue is that we are continuously expected to just believe labours election promise that they will fix the housing crises, when all the metrics and evidence point to a complete lack of control of the situation by this government.
How long do we keep having blind faith in this government because apparently the other lot are so bad?
My issue is that we are continuously expected to just believe labours election promise that they will fix the housing crises…
Did they promise to have this crisis that was 15 years in the making fixed within two years? That would have been very foolish of them, and it would have been very foolish of you to believe it if they had promised it.
How long do we keep having blind faith in this government because apparently the other lot are so bad?
Again, having blind faith would be foolish. The question is, which of the alternatives in front of this election has policies more likely to improve the housing situation, and which has policies more likely to degrade it further? If you'd prefer the situation to improve, then yes you'd better support this government because the other lot will degrade it further.
Do I A) want the housing crises to worsen slowly so that there is no end in sight or B) do I want to ride unchecked until it’s inevitable crash and hope the government of the day is brave enough to not give bailouts to the enabling parties?
given a desire for either scenario, which major bloc do I vote for Milt? The answers aren’t there as no government of either colour is willing to admit they prefer the outcome of A as it kicks the can so far down the road it won’t be their problem.
Classic Trump / Hillary problem at the moment with the majors. Who do I not want to vote for the least
The Greens have interventionist housing policies.
Yet not the power to implement them. This is mmp, we have to think about power blocs.
If people don't vote for them they don't have the power to implement their policies, no. You can help rectify that situation by voting for them.
But they have been voted for, and they are in government. Yet the problems seem to be getting worse and not better.
Jesus, this again. Bitching about a party with 8 MPs failing to dominate the legislative agenda just makes you look stupid. If you want to see more of their policies implemented, encourage more people to vote for them.
not really how politics works is it though milt?
its getting boring listening to people defend a government 2/3 of the way through its term that is yet to achieve anything meaningful on housing, despite all the rhetoric. Are we supposed to just believe that it will all change for the better if we blindly vote for another term despite current performance?
your exasperation is misplaced. Tell the pollies, the voters are sick of being told they’re stupid for not blindly agreeing
And where is labour on this? They had interventionist policies on housing too and between them and the greens they did have enough votes to dominate the legislative agenda.
That's exactly how it works, that is, get more mps under mmp and you'll proportionally have more clout around a coalition table.
For example: 40 labour mps and 21 greens, will give you much more left of centre policy than what's offered currently.
30 labour seats and 31 greens would be totally different again.
What bit are you not getting?.
The current government has how many mps? Enough to govern correct?
And how many promises did they make on housing? enough to get voted in.
Now voters get to choose whether those promises were kept
And when you look at the make up of this government and find that nz fist have to be placated on some issues, things like the CGT don't get done, which is exactly why the flavour numbers of mps in a coalition matter. It’s not having a simple majority that really counts under mmp.
not really how politics works is it though milt?
As The Al1en pointed out already, that's exactly how politics works. If not enough people vote for parties with the kind of policies you'd like to see, those policies don't get enacted.
its getting boring listening to people defend a government 2/3 of the way through its term that is yet to achieve anything meaningful on housing, despite all the rhetoric.
The achievements are substantial, especially when you take into account the scale of the problem and the fact the government is a coalition of three parties with sometimes-incompatible agendas. As mentioned already, if you want to see more progress, persuade more people to vote for the party with the policies you want to see enacted and discourage them from voting for parties that will only exacerbate the problem.
…between [Labour] and the greens they did have enough votes to dominate the legislative agenda.
Between them they have 54 seats in a 120-seat Parliament. If you have some hitherto-unknown method of dominating the legislative agenda with a minority of the MPs, please do share it with them.
""Look! The coalition government's already been in power a couple of years and still hasn't fixed the problem National spent nine years aggravating! Who will save us from these incompetents? How about returning National to power? That would be the best solution, right?""
Classic Jamesisms, nicely captured by Psycho Milt.
a classic guytonism, assuming that because isn't fixed entirely, that it's in hand and will be fixed if we have enough faith in his chosen cause
Classic Climaction – decrying others' faith, but showing none of his/her own.
Pray tell us, Climaction – What should we all do in your depiction of our dire situation?
Break the Wesfarmers / fletchers building materials supply duopoly, create a nationally funded apprentice college network similar to the old polytechnics and insist that master tradesmen engage at a guild level for apprentices for master accreditation, remove council fees beyond processing costs on consents and therefore the gst on council fees.
Now what do you suggest? Let me guess….kiwibuild reset?
No, strangely enough, I agree with your propositions in that area. Quite good ideas to my mind.
We may be on the same side. The thing is that you appeared to be suggesting that we dump current Govt and vote National again.
Voting National would never achieve what you propose, would it?
No. I’m just not defending this governments behaviour on the premise that National were worse. It’s binary and allows this government to abdicate any responsibility for contributing to the mess
But if you thereby encourage people to vote National instead, what happens then?
Our over priced housing has multiple causes … all that's happened is one form of aggravation; hot Chinese money looking for a safe haven has been replaced by another aggravation … persistently low interest rates.
And as Dennis says … high migration. One factor everyone likes to pretend won't happen, what happens if the Australian economy/climate tanks and around 500,000 passport holding kiwis with limited access to welfare over the ditch decide to come home? Lowish likelihood, but potentially a big impact.
Yes I've been wondering how much these recent few seasons will be prompting kiwis to rethink Oz. I was always eyeing Tassie as a plan B.
I know many who are seriously considering it now their kids are self sufficient as living in those Ozzie cities is getting to be quite the grind.
There's also expats in the UK and Hong Kong looking for an escape from the political turmoil, plus Australians looking to escape the climate turmoil.
There was an opinion piece at the weekend from a real estate agent salivating at the prospect. He described NZ as having a glowing future.
https://www.stuff.co.nz/business/property/118569686/house-prices-will-continue-their-steady-growth-in-2020-but-lets-wait-and-see-about-this-election
Yes the low interest rates are the latest tool' to defy market realities.
No Govt can withstand a large drop in property prices.
Hopefully the Coalition or Labour alone, can prevail in the next election and really bring about some programmes to make the Kiwi dream affordable again.
This steady as she goes term ,albeit with good intentions needs to transform into inspired action.
Add into the 500,000 plus New Zealand passport holders several million Australian passport holders who can reside, and buy property, in New Zealand and we could have an accomodation crisis of unimaginable proportions.
I'm not convinced it's likely … but it's a risk we rarely discuss. Given that almost 25% of people ever born in NZ are now living overseas, we are remarkably exposed on this.
The silver lining is that most ex-pats would return with some decent funds and much of it would go into building new housing.
Low interest rates are not driving house prices to any extent, just as high interest rates didn't proclude house price rises prior to the GFC. The reserve bank could raise interest rates to the extent of collapsing the housing market but would at the same time cause mass defaults and probably a recession. This is not a valid policy for an institution charged with promoting financial stability.
But directly there is no good reason to believe people are significantly trading off interest rates and prices when going into the housing market. The theoretical economic concept of a natural interest rate (for the central bank to target) is also known to be pretty dubious.
The Reserve Bank is not there to "Fix" the current housing crisis. We were told during the election campaign that there this WAS an issue and that should we vote in Labour then this would be rectified. They had 9 years in Govt and 9 years in opposition to isolate the causes and implement fixes to these.
To date there is no evidence that any changes made have halted this issue and that there are signs of the housing crisis abating. To continue with the immigration policy of increasing Kiwis by 55k p.a. does nothing but place increased pressure.
and headlines like this "Rental squeeze: Easier to find a job in Wellington than a flat, says professional on $100,000 salary" does not give confidence that this crisis has been addressed, but has deteriorated.
Are any current or future govts just hoping that the Market Will correct of that there is a recession 🤢??
https://www.interest.co.nz/property/103058/people-arriving-nz-work-and-long-term-visitor-visas-record-highs-12-months-october
https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=12298132
Does the inherent contradiction in your post escape you.
Look at house prices pre 2008 and now!
A 400k house @ 8% ,vs an 800k house @ 4%.
Savers have been getting their heads kicked in and RE has a reputation as an appreciating asset and the best 'bank' for funds compared to anything.
Interest rates and exchange rates are an artificial construct and do not reflect any supposed 'market' forces.
"Does the inherent contradiction in your post escape you.
Look at house prices pre 2008 and now!"
A quick look at the RBNZ house price index should demonstrate to you that house prices were rising faster prior to 2008 than since.
https://www.rbnz.govt.nz/statistics/key-graphs/key-graph-house-price-values
The % rate of increase is not the point.
The total cost is.
When historical house price to income ratios are compared with those today,there is an imbalance of concern.
Scrutiny of the sub prime fiasco in the U.S will reveal the frenzy of loan originators to peddle mortgages to anyone with a pulse.
(There was a corresponding increase in supply in the U.S too and non recourse.)
Whilst that has not happened to the same extent here,one feature is very evident and that is ,existing home owners have been increasing borrowing leverage ,ie the wealth effect.
The extension of the brightline test to 5 years appears to have stymied flipping and the foreign buyer rules are having effect. (screaming in Queenstown).
Orr is correct in increasing the banks cap ratios.
People should expect a correlation between house prices and wages and C.P.I
It is no wonder property is excluded from inflation assessments,it would blow them to kingdom come.
$650,000 homes are not affordable homes.
When the rubber hits the road(*recession)people will look to the Govt for a bail out,that's for sure.
We are clearly on different dimensions regarding the meaning of facts and logic. I am sticking to my conclusion that the rate of house price inflation can be measured as the percentage rate of those prices increasing.
So whats the primary cause of interest rate fluctuations for mortgages?
As far as facts and logic go….'there is no good reason to believe people are significantly trading off interest rates and prices when going into the housing market. '
In your world cost and affordability are not aligned.
The most important factor in setting market interest rates appears to be the OCR. Eg its the interest rate the reserve bank wants. But obviously the reserve bank policy doesn't fluctuate much (and I don't see why that is a relevant thing here).
In the real world cost and affordability are not well aligned. Cost is related to the house price but affordability is a question of income which in a lot of cases doesn't even come from the asset or in other cases is a positive function of asset price appreciation. People buying into the housing market (esp for profit) seem mostly interested in which areas are going to appreciate next, not what the going interest rates are.
Interesting given conventional wisdom…
'For example, the Reserve Bank would tend to increase the OCR in response to an increase in inflation pressure. The rise in the OCR would tend to flow through to higher bank interest rates, which would offset the pressure by shifting preferences from consumption to saving, because the cost of borrowing has increased, and the return from savings is also higher. This translates into a lower demand for consumption and investment goods, easing the inflation pressure in the economy. When the OCR is raised, it also results in an appreciation of the New Zealand dollar because the demand for New Zealand interest-earning investments increases. As the demand for the New Zealand dollar increases, the value of the dollar appreciates. The higher dollar dampens exports and increases the demand for the relatively cheaper imports, also lowering demand and thus the inflation pressures.'
As far as property inflation goes ,it has been rampant for years and the opposite to the above is being implemented.
Sure, but you know that this conventional wisdom is wrong. This is because there is no such market for savings vs borrowing to trade off in. I have observed in your comments that you know that market doesn't exist because banks originate the funds during the lending process (eg nobody loses access to there savings when a new loan is created so the described trade off doesnt occur).
@ Blazer
The inflation measure is the CPI and house prices are only nominally measured within the CPI (building cost increases excluding land) …existing housing asset (bubbles) dont form part of the CPI, some may say conveniently
Nic. You always make challenging replies. You are right that interest rates by themselves are not a direct predictor of house prices … but the ability to service a loan is. We are in quite a different position prior to the GFC, mortgages were typically small enough that interest rates in the 7-9% range could be tolerated.
But now with many households with over $500k of debt, or a lot more, they're a much more sensitive to even quite small interest rate rises.
This is an effect Steven Keen wrote a fair bit on, in the big picture Debt to GDP ratio was a critical parameter most economists didn't place enough importance on at the time. He's been proven right and we see a lot more attention on it now.
I saw what appears a quite enlightening comment by Warren Mosler recently. He describes the inflation process as a price setting mechanism occuring when new (higher) prices are accepted by the institution making payment.
That suggests that commercial banks have been driving house prices with the change to lower equity loans, which the reserve bank has had some influence on. The US had a significant issue with property valuers over valueing properties (at the behest of banks) and this also supports house price inflation.
I don't actually see it as a housing market issue however. Overall the government has not been as accomodating of public sector wages (same mechanism as Mosler describes, govt chooses what to pay public sector) and the shift to monetary policy has squeezed private sector wages for many as well. Its no wonder that housing costs are well above incomes after 20+ years of this pressure. The only surprising thing is that so many people expect a natural and automatic balance to exist between housing and other prices (including wages).
I had already identified during the last election that Labours Kiwi build policy could not 'fix' house prices and was at most hopeful that public sector housing stock would be built. Looking at the housing market as supply and demand driven will never suggest a workable solution to house prices. Asset markets are not remotely amenable to that because asset inflation generates passive income at the same time it adds cost to new market entrants.
Good points; that all makes sense. Any chance of a link to Warren Mosler please?
http://bilbo.economicoutlook.net/blog/?p=44010
Its about a 26 minute video i think.
Ta.
I see Keen and Mosler have an interesting looking video on YT @ Real Progressives.
I think I found and watched this discussion (June 2018).
At a later stage Mosler makes the same claim that a permanent zero interest rate central bank policy is not inflationary.
I thought Keen was a bit off in his disagreements there. But its probably relevant to understand that a trade surplus makes domestic policy easier to implement.
but that asset price MUST remain serviceable…. otherwise mass default a la GFC subprime mortgages. And the banks (including central) set the rates and create the lending with one eye on that at all times to their maximum perceived benefit…..and we all hope their judgement is not found wanting (again)
I make the distinction between the individual and the systemic…banks (including central) are unconcerned with the individual
Also, I don't see the argument that interest rates of 7-9% were tolerable as saying anything meaningful. The model is not, the Reserve Bank sets interest rates as high as may be tolerated. The model is something like, the Reserve Bank sets an interest rate to bring inflation rate towards the target.
The (small) problems being that monetary policy has neglegible impact on inflation anyway and some key prices (wages and housing) are adjusting relatively to each other in problematic ways.
Socialism as yet undead: "Spain's caretaker socialist Prime Minister Pedro Sánchez has narrowly won a confidence vote in parliament, enabling him to govern in coalition with far-left Podemos." https://www.bbc.com/news/world-europe-51019358
"The dramatic open vote, by a simple majority of MPs, went 167 to 165 in his favour. Abstentions by Catalan and Basque MPs played a critical role. He will now form a minority government. It will be Spain's first coalition government since democracy was restored in 1978, after the Franco dictatorship."
Can socialists do consensus politics? This will be the test. "The new coalition plans to raise income taxes for those who earn more than €130,000 (£111,000; $145,000) annually. They also plan to reverse some labour market reforms passed by the previous conservative government, which made it easier and less expensive to fire workers."
"PSOE spokeswoman Adriana Lastra accused right-wing MPs of "bullying"." Combining complaint with virtue-signalling in a single word. "She said MP Tomás Guitarte of the small Teruel Existe party had suffered so much pressure that he concealed his whereabouts out of fear. She said he had received more than 8,000 emails urging him to vote "no" instead of "yes"." If 8000 emails arrived in your inbox one day would you run & hide?? Nah, get tough, don't wilt under pressure.
"The ERC decision came after Mr Sánchez agreed to open a formal dialogue on the future of Catalonia, if confirmed as prime minister, and to then submit the dialogue's conclusions to Catalan voters. The Catalan separatists' drive for independence overshadows Spanish politics, with the conservative and far-right opposition parties bitterly opposed to it. Mr Sánchez said he wanted to free Spanish politics of its "toxic atmosphere". He said dialogue was necessary to "overcome the territorial disputes, always in line with the constitution". The PSOE opposes granting Catalans a legal independence referendum, while recognising that both Catalonia and the Basque Country are nations within Spain, and not just regions. The Catalans and Basques already have a large degree of autonomy."
Another Catalan vote seems sensible. If he can design a compromise between enhanced autonomy & independence, and Catalans vote to support it, he will have proven his expertise – and socialism will get some regeneration via consensus politics.
So the Asia Editor of the Financial Times can’t help wondering what on earth Simon Bridges might have to say to the Head of China’s secret police?
https://i.stuff.co.nz/national/politics/118419927/national-mp-jian-yang-organised-simon-bridges-controversial-china-trip-emails-show
simon would have had fuck all to say ,he was their to listen would be my guess
Simon would have received a silky treatment to smoothen the path. He wouldn’t have to say much because, unlike Simon, they are masters in reading body language and would have read him like an open book. They saw him coming all the way from New Zealand.
From the horses mouth (or at least their twittering): "to discuss the many areas our countries have in common and how we can strengthen ties."
As its the CCP secret police, I assume the ties are cable ties used on interviewees.
Croatians have ditched the far right:
https://www.theguardian.com/world/2020/jan/06/croatia-elects-leftist-zoran-milanovic-to-be-next-president?
Greens defence spokesperson: "I think that is a good place for New Zealand to be, that we stand as a principled voice on the international stage and we do call out our allies". https://www.rnz.co.nz/news/political/406869/new-zealand-should-be-a-principled-voice-as-us-iran-tensions-rise-golriz-ghahraman-says
The relevant principle being non-alignment. Being allied tends to look like non-conformity to the principle, huh? I don't see our help with peace-keeping overseas as making us allies with whatever else country is likewise helping. However, as regards being in the arena when the yanks launch attack drones, perception that we are allied with them could indeed be a problem.
I hope the Greens can get the coalition to see that. Golriz seems to have issued an appropriate message, muted and politic, well done. Now Iraq has called for us to head for the exit, let's do that asap.
Thanks Wayne. It needed to be said and a former Defence Minister with Foreign Affairs credentials was the right person to start the ball rolling:
https://www.rnz.co.nz/news/national/406882/like-throwing-a-match-on-tinder-paper-wayne-mapp-on-us-iran-tensions
But the time is rapidly coming when political leaders and former political leaders need to start sheeting home scathing criticisms directly to the persons responsible ie. Donald Trump and his inner sanctum heavies.
At the moment they act like they are treading oven broken egg shells. All that does is provide the Chump with further evidence he can get away with anything he likes.
Snap. Just popped that on another post.
'It's too expensive for us to allow you to stay here so we have to make sure you leave.'
Good on you, Lees-Galloway, good on you.
https://www.stuff.co.nz/national/health/118630641/brain-tumour-survivor-to-be-deported-to-the-philippines-over-medical-costs
This has shades of Lianne Dalziel circa 2002 all over it.
Iirc, Dalziel as Minister of Immigration about that time, sent back to Sri Lanka a young child whose parents were resident, but not citizens, and the child was neither? I could be wrong (probably am) but Lees-Galloway's decision here seems similar.
Labour ministers never seem to have a good record in the immigration portfolio.
Prior to new year's eve, BBC reported Putin "thanked US counterpart Donald Trump for intelligence that helped foil "acts of terrorism" on Russian soil, according to a Kremlin statement. Mr Putin and Mr Trump spoke on the phone on Sunday, it said. The Kremlin said the information came via intelligence services, but it provided no further details."
"Russian media is reporting the discovery of a plot to attack St Petersburg over the new year period. Tass news agency says two Russian nationals have been arrested and plans to attack a mass gathering were seized, according to a spokesperson from the FSB, the Russian intelligence agency." https://www.bbc.com/news/world-europe-50941754
It would have been sensible for Trump to have sussed out how Putin felt about his option of taking out the Iranian general, during their discussion. However Trump is rarely sensible, and the option may have come up fast due to being sourced in observation – secret travel arrangements usually don't forewarn opponents.
"In December 2017, Mr Putin thanked Mr Trump for another warning from US intelligence agencies, which again apparently prevented a terrorist plot in St Petersburg, according to a White House account. During that call, the Kremlin said Mr Putin had promised to reciprocate with information about terrorist threats to the United States."
Never discount the value of a verbal contract between top leaders in geopolitics, however conditional they may be. I suspect the two have a reasonable understanding on a personal level. It's a question of how destabilising Putin feels the assassination actually is.
"The German chancellor will travel to Russia to meet President Vladimir Putin this coming Saturday. The pair plan to discuss the Iran escalation as well as the conflicts in Ukraine, Libya and Syria." https://www.dw.com/en/putin-invites-merkel-to-russia-over-iran-crisis/a-51900382
Looks like Putin is being sensible in getting an impartial perspective from the German leader, to avoid the knee-jerk response and optimise his options.
Very interesting. In my mind I've always painted Trump and Putin as 'about as bad as each other, but in very different ways'. What they do have in common is that both are nationalists, and neither man is a sociopath who wants nothing more than to visit devastation on the world.
Putin is first and foremost a Russian nationalist who has led his country to a remarkable recovery from the disaster of the 90's. He absolutely doesn't want a US-Iran confrontation on his southern border region.
Trump is similarly a US nationalist, but who has inherited an intolerable shambles from prior Administrations. He want’s out too, but is so entangled in the ME that he needs to slash and burn some crap first.
That they are talking is more reason to hope than not.
What are your thoughts on the Iran Nuclear agreement and the way Darth Drumpf trashed it, even though his own administration was certifying that Iran was fully complying with it?
My first thoughts are that someone in Israel didn't give a fuck about compliance …
Israel? That's an interesting angle.
Nutty-yahoo has certainly been sending mixed messages in public about the Soleimani murder. Haaretz has an interesting piece about how he benefits …
https://www.haaretz.com/israel-news/.premium-for-trump-criticism-over-soleimani-assassination-was-better-than-inaction-1.8353402
N will have been briefed beforehand. Consulted, even, would be my guess. There's a good reason the top jew in the Trump team was put closest to the oval office. "Kushner's office is physically the closest to the Oval Office."
"Trump put Kushner in charge of brokering peace in Israeli–Palestinian conflict, as well as making deals with foreign countries, although in what way he is in charge is unclear. On August 24, 2017, Kushner traveled to Israel to talk to Prime Minister Benjamin Netanyahu (with whom Kushner has longstanding personal links and family ties".
https://en.wikipedia.org/wiki/Jared_Kushner
Need some laundering done..?
Trump spins on a dime. Here's his framing of the u-turn: "Mr Trump said that "according to various laws" the US should not target these cultural sites. "You know what, if that's what the law is, I like to obey the law," he said." https://www.bbc.com/news/world-middle-east-51027619
Notice the subtle caveat. Guiliani or someone gives him views on which laws it might be a good idea to obey, or when it may be timely to create that impression in the public mind.
"The ruling national executive committee (NEC) will meet on Monday to decide the timetable for electing Jeremy Corbyn’s successor, who can have a vote and how much they should pay to do so." https://www.independent.co.uk/news/uk/politics/labour-leadership-election-rebecca-long-bailey-kier-starmer-jess-phillips-a9271196.html
Voters rejected Corbyn's socialism, so the Labour mandarins feel they must swing back to market forces and are waving an olive branch at the Blairites?
They could go further. Tell the people that selling the right to vote to the highest bidder is a damn good idea. Have an auction. Middle class wannabes would love it. Get Simon Cowell to stage the thing for primetime tv – suddenly Labour would seem trendy to a huge swathe of voters. 🙄
I paid $5 to vote for Andrew Little as Labour leader. All cobwebs as regards social democracy in that party but present pricks, tho' more sellable, are worse. I hear the party in Britain is now firmly Corbynist in membership, and up the echelons a bit. Which is what I desired from and desire from Corbyn and Sanders respectively.
Sometimes you have to wonder how much the loony Christian fundamentalism within the US government want to see the world burn. Dick Cheney, being the one who opened the door.
Video is 25 minutes long, and good view from a former staffer in the Bush Presidency.
https://www.youtube.com/watch?v=GVWmmVhS0uc&ab_channel=TheGrayzone
Great link, thanks Aaron. 😉
Aljazeera TV have just reported that multiple Iranian missiles have hit a U.S. airbase in Iraq.
"The Pentagon said Iran fired more than a dozen missiles. "It is clear that these missiles were launched from Iran and targeted at least two Iraqi military bases hosting U.S. military and coalition personnel at Al-Assad and Irbil," Jonathan Hoffman, assistant to the Secretary of Defense for Public Affairs, said in a statement." https://edition.cnn.com/middleeast/live-news/us-iran-soleimani-tensions-intl-01-07-20/index.html
If Pompeo wasn't killed, Iran has failed to achieve parity. Mullahs failing to respond severely, after declaring they would, are likely to lose credibility in the opinions of their followers. Will the govt of Iraq declare war on Iran? An unprovoked attack on two of their bases merits the traditional response. Having told all foreigners to get out, these tough guys are dead keen to go it alone. Or maybe not…
What a puerile, childish and idiotic comment. The Iraqi government is powerless.
The two bases hit are effectively US territory, and they are unequivocally major US military installations being unequivocally attacked by the military of Iran.
The Greek chorus of Trumpian chumps who made light on this site of the assassination of Qassem Suleimani completely failed to grasp that by carrying out that killing the United States effectively declared war on Iran. No nation can sit back and allow another to assassinate it's top leaders with impunity. Iran is now taking the US at it's word and has struck back.
To make it clear – by any reasonable standard of international behaviour a state of war has existed between Iran and the United States since the 3rd of January 2020.
What the fuck did the US administration think Iran would do after that assassination?
Iran and the US have been in a state of conflict for a very long time … while it's true the Trump pushed events over an important threshold in the past week … none of this happened in a vacuum.
The theocratic thugs who run the Iranian regime are not nice innocent people, any more than any of the other cynical bastards tangled up in this.
Get a grip, lad. If they were US bases CNN would have described them as such. Or are you trying to subtly imply CNN journalists can't even get such elementary facts right??
How adequate the response from Iran has been remains to be seen from casualty figures. My point was re the court of public opinion in Iran. Loss of their top military commander, weighed in the balance against how many US soldiers?
Most people would view that as an ineffective response regardless. Think of it as a chess move: lose a Queen and retaliate by taking a few pawns. Doesn't rate.
I think you are an uninformed idiot.
Hey Sanctuary, in the interests of not increasing people's stress, can you please tone down the pejoratives? It's fine to point to perceived ignorance in comments with some analysis, but once you start aiming that at people and name calling, it becomes a problem for moderators.
I hear you, but at the same time if someone writes six plus posts of 600 odd words and then reveals he isn't even aware of what bases the US has in Iraq…
Well, being called an idiot I would have thought is as polite a reply as one should expect.
I bite my tongue on the internet all the time 😉 The choices we make about what we write after reacting are what determine whether a shit fight breaks out (and then whether the mods get involved).
Think of it as practice for election year.
I admit I was teasing him. But since he didn't tell the truth (refer to joint bases) tweaking his tail was fair enough, eh?
The point being that the rockets were an offensive action against both countries – Iraq and USA. I get why leftists are addicted to demonising the USA. Spent much of my life feeling that way too! But political commentary is more effective when based on fact rather than misrepresentation.
"I admit I was teasing him. But since he didn't tell the truth (refer to joint bases) tweaking his tail was fair enough, eh?"
No idea. I'm not reading much of the commentary on this, just enough to keep an eye on moderation and what might be developing. My main point here would be that tensions are high enough without us winding each other up 🙂 Where that line lies is on all of us.
Just as the US drone strike in the Iraqi airport was a offensive action against both Iraq and Iran. Looks to me like a proportionate response bearing in mind that the drone didn’t give radar warnings of have to go through have to go through anti-missile defenses.
Who are those “most people”, Dennis? Where are they, mostly? In Iran, by any chance?
Most people understand tit for tat. It's even in the Bible (`an eye for an eye'). But, as I pointed out in 12.1, re the effect on the credibility of the mullahs, those that count are in Iran.
The reason Sanctuary is doing his hysterical thing is that the truth hurts, so folks get emotional. Once the feelings subside, a cooler clearer appraisal becomes possible…
I think a “cooler clearer appraisal” might not apply to “most people” in Iran now. I think the Kiwis in Iraq might also have slightly heightened emotions.
Attention Jenny: noting a Moderation note is not sufficient. You need to respond to it in a way that shows that you understand and accept your moderation otherwise we’ll just go around in circles, which will lead to a lengthy ban.
Until I’ve seen a satisfactory response from you, you can stop posting comments because they will automatically end up in Trash and I have no means to restore them retrospectively (and this would take up more of my precious time).
Attention Ross: Please stop ‘testing’ because it won’t get you anywhere until you respond to the latest Moderation note that was left for you to respond to and satisfy the Moderator.
Test
[TheStandard: A moderator moved this comment to Open Mike as being off topic or irrelevant in the post it was made in. Be more careful in future.]
Test reply to Test.
See? More than one of us can waste screenspace.
But only one of you is in Moderation 😉
I only test when the reply button goes walkabout. Submitting a comment returns the reply option, and then I delete the test message (unless this sticky mouse button posts two entries, as it sometimes does, then only one test entry permits editing).
I know you do 😉
Refreshing the browser sometimes helps.
Nah, tried all options, including deleting browser data, ccleaning, purging, fasting and praying to the aliens. Only thing that fixes it (for me) is to make a test post.
Sorry for the troublesome desk rodent when it plays up, though. I should pick up a new key/mouse set at some stage, but at least the reason for my tests are out there now. lol
A friend of mine lifes in Arkansas,
she send this text
Aljazeera TV are reporting at least two U.S. airbases have been hit and another wave of Iranian missiles have been launched.
https://twitter.com/DEFCONWSALERTS/status/1214701382068031488
https://www.twitter.com/DEFCONWSALERTS/status/1214710060754120705
Of course it's going cost us.
https://twitter.com/CNBCnow/status/1214696126676393986
oil price increases are a useful thing.
and interest rates?
you'd need to be more specific.
shares fall,oil and gold and interest rates tend to move upwards.
could be useful too. Consumption is the big driver of CC. The problem for NZ is that we choose not to protect vulnerable people. It won't hurt the middle classes to tighten their belts, but I wish they'd learn to share more.
on the contrary…if oil increases it will impact 'growth' and the expected reaction would be an interest rate cut to offset (if there were room to cut) the reduced economic activity
Depends what it does to inflation for the rbnz to cut.if there are pricing signals of an increase the rbnz wont cut.
Internal food costs are sensitive to transport (and a poor growing season at present due to colder weather) impacts the poor firstly on a day to day basis.
RBNZ has 'looked through' potential inflationary spikes for years now….any inflationary impact is likely to be temporary, remembering that fuel prices typically fluctuate through quite a wide range for various reasons….however as said the likely impact on interest rates (if any) would be expected to be down rather than up
The reckless actions of Trump has given Iran a casus belli to act in self defence. They are acting on that. So it begins.
Lucky Trump's actions were triggered by something irrelevant, something that doesn't mean anything to him – impeachment – an illegal action of course and without any evidence. (he reckons.)
Imagine how crazy he'd have gone if he was more personally challenged like his tax and financial records facing the usual open scrutiny and ensuing legal challenges. The claimant of the biggest dick being found to need a magnifying glass to be identified would have really set him off.
[Be careful typing your user name correctly, thanks]
The Iranians have made no attempt to hide their direct attack on US forces in Iraq. This is a state action, a response to what was basically a US declaration of war on them. The only hope now for peace is for Trump to panic and chicken out. I really hope Trump doesn't think this is a good war to help his re-election bid. A US president who loses a war won't be popular.
someone needs to turn of this tv and the fox propaganda war. Cause literally Fox and Friends is giving him tips on whom to bomb next.
Shit Taji is where the ANZAC training team is atm, I hope Jandal’s tells Ronnie to get the troop asap and thank **** I’m no longer in the Forces and if they do ask me back to the colours it will be a f*** off sunshine etc as I’m not fighting for dumps silly little war / WW3 the Yanks started it so let them finish it without us.
All we need is Rocket man to throw something at Dump and Putin to do something in the Baltic, come to think I’ve read a novel by someone on this same scenario where a war kicks off in the Sandpit and rest fall like dominos.
Yup. You nail it so often. While many of us contribute here in a cool, detached way … your down to it comments keep us grounded.
Putin is in syria at the moment.
https://twitter.com/rnz_news/status/1214704988686913537
https://twitter.com/Tofazzal_Alam/status/1214730282923892736
Poission, I’m not too worried about the Russians in Syria as they have in Syria since late 50’s to early 60’s from memory. But it’s Baltic States that are the weak link to NATO and to EU, if I were a betting man that where I think Putin will strike nexts therefore splitting the western alliance/ economy.
just no words
https://www.dailymail.co.uk/news/article-7863359/Ukrainian-passenger-plane-carrying-180-people-crashes-near-Tehran-local-media.html?ito=social-facebook&fbclid=IwAR38k4Xw07vRjHb6crZ9DhR27yHCiAHf4neNeEc4gXnig15hXHUoGPYrUQk&fbclid=IwAR0fvKsm0IqarybIrx66844SqlMfMnLItPLihmfoFZTOUD5Hxcrorcnenlo&fbclid=IwAR0EUwrWaP8jFFbsM0GCflp70skFWe_woHbbrDkFJCWaTihfMeK-L2ZOUX8
Just watching Trump's son rabbiting on about great his father is. He hasn't said he agrees so much about sorting the Middle East out that he's putting his hand up to go there and help. Funny that.
Last time I was at Kiwiblog they had a regular 400 odd commenters. Versus Left blogs with a quarter of that. 'Kommon Zense' as per talkback radio? Appealing to know-nothingers with a near body to kick apparently beats reason, balance, Ballance, Savage and the whole of our corner of knowledge.
It's very hard to denie climate change global warming and Sealevels rising is our reality. All the intelligence people must keep up the Mana mahi and champion a clean and Green future for all of our mokopuna.
The 2010s were almost certainly the hottest decade on record — and it showed. The world burned, melted and flooded. Heat waves smashed temperature records around the globe. Glaciers lost ice at accelerating rates. Sea levels continued to swell.
At the same time, scientists have diligently worked to untangle the chaos of a rapidly warming planet.
In the past decade, scientists substantially improved their ability to draw connections between climate change and extreme weather events. They made breakthroughs in their understanding of ice sheets. They raised critical questions about the implications of Arctic warming. They honed their predictions about future climate change
The Arctic is warming faster than anywhere else on Earth, with temperatures rising at least twice as fast as the global average.
places like the United States, Europe and parts of Asia — for instance, a link between shrinking sea ice and cold winters in Siberia, or Arctic heat waves and extreme winter weather in the United States.
The trouble is models have a hard time capturing the causes driving these connections.
"No one argues that the Arctic meltdown will affect weather patterns, the question is exactly how," said Arctic climate expert Jennifer Francis, a researcher at Woods Hole Research Center. "So figuring out what's not right in the models will be a major focus. Without realistic models, it's hard to use them to separate Arctic influences from other possible factors."
Resolving the debate will require "a combination of data and modeling," according to NASA climatologist Claire Parkinson. Many scientists are already hard at work on this issue.
One ongoing project known as the Polar Amplification Model Intercomparison Project is conducting a series of coordinated model experiments, all using the same standard methods, to investigate the Arctic climate and its connections to the rest of the globe. Experts say these kinds of projects may help explain why modeling studies conducted by different groups with different methods don't always get the same results.
At the same time, improving the way that physical processes are represented in Arctic climate models is also essential, according to Xiangdong Zhang, an Arctic and atmospheric scientist at the University of Alaska, Fairbanks.
Outside that debate, there are still big questions about the Arctic climate to resolve. Scientists know the Arctic is heating up at breakneck speed — but they're still investigating all the reasons why.
Researchers believe a combination of feedback processes are probably at play. Sea ice and snow help reflect sunlight away from the Earth. As they melt away, they allow more heat to reach the surface, warming the local climate and causing even more melting to occur.
One key question for the coming decade, Zhang said in an email, is "what relative role each of the physical processes plays and how these processes work together" to drive the accelerating warming.
Unraveling these feedbacks will help scientists better predict how fast the Arctic will warm in the future, according to Francis — and how quickly they should expect its consequences to occur. They include vanishing sea ice, thawing permafrost and melting on the Greenland ice sheet
Sea-level rise is one of the most serious consequences of climate change, with the potential to displace millions of people in coastal areas around the world.
Ka kite Ano link below.
https://www.scientificamerican.com/article/these-are-the-biggest-climate-questions-for-the-new-decade/
Kia Ora Newshub.
It is not on that a student can be left dead in a room unnoticed for that long there needs to be checks on students.
That's good that the Hawke's Bay health board change the move to stop home help for 600 elderly people.
Ka kite Ano.
Kia Ora Te Ao Maori News.
Someone in Watties had a brain fart thinking it is OK to belittle Te reo Maori for putea.
I read that some one passed on Maunga Tongariro Condolences to Te Whanau.
Great to see more Tangata Whenua doctors and nurses graduates.
Golf is a good game for tangata to play and make a mahi out of the sport.
Ka kite Ano
Looks like the sis sandflys have finished their new year holiday they were swarming again today.
There are many old technologically advanced societies around the world that have vanished. They have built structures that our modern society can not duplicate even with all our modern technology.???? So what caused the collapse of these old civilisation the same thing that is causing our world problems man taking mother nature for granted. Climate change and global warming sea level rising. Our scientists have waved a red flag for 40 years. The wealthiest people choose to ignore their warnings and worse they use their money to distort the reality of common people who some they know will be easily manipulated into believing there lies giving them power and in reality putting there own mokopuna in the jeopardy Wake up.
The environment in 2050: flooded cities, forced migration – and the Amazon turning to savannah
Unless we focus on shared solutions, violent storms and devastating blazes could be the least of the world’s troubles. Civilisation itself will be at risk
Good morning. Here is the shipping forecast for midday, 21 June, 2050. Seas will be rough, with violent storms and visibility ranging from poor to very poor for the next 24 hours. The outlook for tomorrow is less fair.”
All being well, this could be a weather bulletin released by the Met Office and broadcast by the BBC in the middle of this century. Destructive gales may not sound like good news, but they will be among the least of the world’s problems in the coming era of peak climate turbulence. With social collapse a very real threat in the next 30 years, it will be an achievement in 2050 if there are still institutions to make weather predictions, radio transmitters to share them and seafarers willing to listen to the archaic content.
I write this imaginary forecast with an apology to Tim Radford, the former Guardian science editor, who used the same device in 2004 to open a remarkably prescient prediction on the likely impacts of global warming on the world in 2020.
Journalists generally hate to go on record about the future. We are trained to report on the very recent past, not gaze into crystal balls. On those occasions when we have to venture ahead of the present, most of us play it safe by avoiding dates that could prove us wrong, or quoting others.
Radford allowed himself no such safe distance or equivocation in 2004, which we should remember as a horribly happy year for climate deniers. George W Bush was in the White House, the Kyoto protocol had been recently zombified by the US Congress, the world was distracted by the Iraq war and fossil fuel companies and oil tycoons were pumping millions of dollars into misleading ads and dubious research that aimed to sow doubt about science.
Radford looked forward to a point when global warming was no longer so easy to ignore. Applying his expert knowledge of the best science available at the time, he predicted 2020 would be the year when the planet started to feel the heat as something real and urgent
Radford allowed himself no such safe distance or equivocation in 2004, which we should remember as a horribly happy year for climate deniers. George W Bush was in the White House, the Kyoto protocol had been recently zombified by the US Congress, the world was distracted by the Iraq war and fossil fuel companies and oil tycoons were pumping millions of dollars into misleading ads and dubious research that aimed to sow doubt about science.
Radford looked forward to a point when global warming was no longer so easy to ignore. Applying his expert knowledge of the best science available at the time, he predicted 2020 would be the year when the planet started to feel the heat as something real and urgent.
Ka kite Ano link below.
https://www.theguardian.com/environment/2019/dec/30/environment-2050-flooded-cities-forced-migration-amazon-turning-savannah
Kia Ora Newshub.
North land experienceing drought we have to listen to our scientists and plan for the weather conditions that they have forcast or else one will be in trouble.
A green turtle laying its eggs on a popular beach in Australia it good they have people with the knowledge to move the turtle eggs safely.
That's great Simaria getting The BBC to pay you the same putea as men Mana Wahine.
Trees grow much faster in Aotearoa than other countries maple syrup would be a great sestanable tree crop.
Ka kite Ano.
Kia Ora Te Ao Maori News.
Hinewai great mahi to get on the Hawke's Bay Regional Council first tangata whenua and a Wahine at that.
Mama donuts looks like it going great franchise to Ka pai just like making fry bread.
Mana Wahine Indigenous Rugby league.
Cool the Kurakaupapa teaching there tamariki about the Maori marama Callander and time to collect Kai
Ka kite Ano.
https://youtu.be/qQfetkoGrpU
Kia Ora Newshub.
New technologies bowel cancer diegnosed with a mask it's the Ion age great new invention.
That's a excellent take of the hundreds of Sharks around the Great Barrier Islands. Sharks are a important part of Tangaroa environment and need to be protected and preserved.
Tyson was lucky to servive when his whare burnt down in the middle of winter.
The slide look cool A penguin but it slides the tamariki out to fast causeing injuries one would think they would test it before letting the public tamariki use it.???
Ka kite Ano
Kia Ora Te Ao Maori News.
Watties should not have made fun of Te reo Maori it show how racist there management is.
The old saying is don't go to war unless you are going to win Camp Kawarau.
That's is cool getting the whanau and comunity to fund rising for a young Wahine treatment of a rear form of cancer.
Ka kite Ano.
Kia Ora Newshub.
I think thats a great move to ban exports of whitebait it will be awesome that in 30 years time everyone comes to Aotearoa to see our presteen wildlife and environment.
The Moana getting hot That's not good it doesn't take much temperatures to rise for life to get extremely difficult.
Bioluminesent sea creatures making Tangaroa look beautiful cool.
Ka kite Ano
Kia Ora Te Ao Maori News.
Taramaki whanui That's the way of the future building sestanable whare beautiful whare to.
That's sad a Tangaroa taonga passing and being washed up in Te Taitokerau.
Cool Te wharepora traditionally Maori weaving in flaxmere Ka pai E hoa.
Those 2 roopu are both from home I have links to both and they are quite awesome Wakarma.
Ka kite Ano