Sorta kinda yes, sorta kinda not really. The rate banks pay on their profits is the company tax rate, so it's different to the rates paid by individual savers (which vary depending on the saver's total income).
Banks pay tax on their profits. Profit is income less costs. Since the interest from borrowers is income for the bank, some of it ends up as profit and gets taxed. Along with income from account fees, various other charges. Costs include salaries and wages, buildings and software and other stuff needed to run the bank, regulatory costs, interest on money the bank has to borrow, writing off bad loans, various schemes to shift profits to offshore owners such as licensing and branding and intellectual property fees, etc etc.
I am firmly of the belief that taxing interest payments directly is the proper response and would give govt a direct means of regulating lending. Do Not be misled, The root of the problem is usury !
People have patiently tried to explain it to me, totally legitimately, but I still can't figure out why we don't tax businesses on gross revenue just like we tax people PAYE.
To do that you would need to make the tax rate much lower, and even then it would likely sink many small to medium businesses.
In my field a good year sees the company make 5 percent net profit onces expenses wages etc are all paid.
Revenue is somewhere around 5 million so 250k profit is a good year and that 250k is what we pay company tax on.
In a bad year we might have revenue of 4million meaning a small loss or at best break even and no company tax paid. If the tax was purely on revenue the only option would be to start letting people go or sinking the company into debt.
But isn't the peril of debt/downsizing/savings/folding exactly the same as that faced by people every day? Lose your job or get your hours cut, we all have the same choice to make.
Yes it is the same peril, but it would effect everyone in the company and one bad year would sink it meaning 40 staff are out of work. In the current system profit is left in the company so it can absorb 2 or 3 bad years and retain all the staff.
Now im lucky I work for a company that puts its staff first, everyone kept their jobs over covid, we were paid 80 percent and now we are busy the company is making 'catch up' payments to bring that 80 percent up to 100.
Plenty of employers (looking at you warehouse group) are short sighted and dont realize the people are what makes the whole thing work. Mine realizes that by retaining staff you save tonnes of money in recruitment and as soon as the market improves you are well placed to take advantage.
Whether or not the profit is left in the company is up to the shareholders. It seems to me the difference is that when a company makes a loss, it gets a tax break. But the net profit has many loopholes, from CER to the old "BrandNamenz is a subsidiary of brandNameglobal that makes no profit because various fees to brandNameglobal happen to match what would otherwise be net profit".
There's no reason similar tax breaks can't be done, maybe even targeted atr NZ-owned businesses. GST already does the tax reimbursement. PAYE does rebates.
The logic of business taxation is that revenue is taxed but that expenses which contribute to that revenue may be deducted in calculating the business' tax liability. Interest however is something of an oddball cost inasmuch as it does not contribute to the earning of revenue. Businesses don't borrow – proprietors borrow and invest in their businesses, but such borrowing is a personal expense rather than a business expense. I think the Income Tax Act has it wrong and interest should not be deductible for tax purposes.
Aren't business liabilities debts? Vouchers and holiday pay and so on?
And why are people taxed on the expenses that contribute to their income? Food and lodging, for example? Can I deduct my clothing that I wear to work, as opposed to just schlepping around the house?
Businesses don't borrow – proprietors borrow and invest in their businesses, but such borrowing is a personal expense rather than a business expense.
Tell that to my bank, they may well be requiring me to offer security over my personal assets and income, but if the business didn't exist there would be no loan.
The question you need to ask is, what is the purpose of this borrowing expense?
In McF's example, food and lodging, is an expense that would be incurred regardless of whether the person paying it was in business or not. The essential and broader purpose being to stay alive rather than necessarily operate a business.
ok, so what about my work clothes. Not uniform or ppe, just clothes I wear to work? I know if I was a contractor I could mark e.g. uniforms as an expense, why can't I do that as an employee?
Again the question comes down to purpose; ordinary street clothes that could be worn anywhere don't count as deductables, but uniforms that only have a work purpose do. (Usually uniforms will be provided to employees, while contractors will purchase their own … hence that small distinction.)
Every tax administration has to draw a line somewhere on this, otherwise you'd finish up with every expense, everywhere, being deductable and no-one would have any taxable income at all. Fun far right fantasy, but not very practical.
Although more widely I do agree with you. Australia rather generously allows quite a range of work related expenses to be claimed, that NZ does not.
So every expense a business makes to merely exist is deductible (cleaners, xmas functions, rent for admin space, cars for managers who only work on one worksite), but expenses I have for merely existing aren't.
Flipping it around, if individuals only paid tax on their annual "profit" in the same way businesses do, you can bet the farm that the government would close "tax avoidance" (not "evasion") schemes like "IP fees to global parent corporation based in the Caribbean".
In fact in some ways that's the Mossack Fonseca thing that got closed at the NZ end when they beefed up identification rules.
Flipping it around, if individuals only paid tax on their annual "profit" in the same way businesses do,
By definition profit exists only in the context of a business, and most proprietors would consider it the primary purpose of owning and running a business. And that profit is ultimately distributed to it's owners as a taxable activity.
By contrast what is the purpose of your life? A person earns money in order to spend it, not to have it sit idle in a bank. The idea of profit as the primary purpose of our personal lives is a form of degeneracy.
Or as others have pointed out, taxing the gross income of all businesses would lead to huge distortions as margins across different business sectors vary enormously. Some sectors, like supermarkets would pay massive amounts of tax on their turnover, while others like professional services much lower amounts.
Consider the situation when as a software engineer I work as a contractor, not an employee. I'd have a little company that would have relatively low costs, laptops, travel, a few software licenses, while the huge majority of the revenue would be paid out to me as as drawings. If the company paid tax on it's gross revenue, it would be taxed once as company income, and then almost all of it again as personal income. Effectively double taxing me on the same income.
By contrast, if gross revenue was taxed on a business that bought and sold capital items, for example multi-million dollar industrial equipment, would see the govt would be taking a chunk of every business to business transaction, again leading to massive distortions. A typical manufacturer/wholesaler/retailer chain might see the same item taxed at least three times before it got to the end user.
The tax system we have may be arcane in parts, but it has evolved over many decades to serve us reasonably well. It could certainly stand for improvement, but first we need to understand the machine we propose tinkering with. In my experience through a long career in heavy industry, the first step to make something go better was very rarely to just take a sledge hammer to it.
And nothing above says that the lines are set in concrete. Different tax administrations interpret these matters quite differently. For example in the USA (as far as I'm aware) householders can claim mortgage interest on the family home as a deductable expense.
I quite like this idea, as it would tend to put homeowners and investors on a more even footing.
Tell that to my bank, they may well be requiring me to offer security over my personal assets and income, but if the business didn't exist there would be no loan.
If the business doesn't exist then the issue doesn't exist either. We are talking about a business that exists by dint of some investment, and suggesting that it makes no difference to that business whether the money so invested is borrowed, or whether it comes from the proprietor's own pocket.
The question you need to ask is, what is the purpose of this borrowing expense?
That is the question the Income Tax Act asks. I'm suggesting that this is the wrong question to ask. To me it seems senseless to suggest that the purpose of an expense is "the acquisition of taxable income" unless the expense contributes to that objective. Augmenting one's capital by borrowing puts one in the position of being able to invest – a personal benefit – but it is the investment itself that earns the taxable income.
The purpose of borrowing is the augmentation of capital.
All profits are taxable except on private homes owned for 5 yrs or more and Rentals of 10years ownership.The highly profitable big 4 Aussie banks pay no tax in NZ none ,under CER they can move profit to Australia which they do.So the Australian govt has been getting subsidized to the tune of $1.5 billion of tax on the $6 to$7billion profits the big 4 have been extracting out of NZ.
A reporter for the travel site, Gene Sloan, is aboard the SeaDream 1 and was meant to be documenting the new safety measures on the small vessel, which departed from Barbados on Saturday and is carrying 53 passengers and 66 crew.
The Herald specialises in reporting on the various outrages being perpetrated against the entitled Kens and Karens of our world, usually well groomed white middle class professional types with the ear of some reporter or another, who are shocked that they can't game the MIQ system or do as they please due the pandemic's suspension of the normal rules that advantage their wealth, class, privilege and connections.
That people who refuse to deal with the new reality would allow that denial to lead them to take a cruise is hardly surprising, but it is grimly funny.
Green Party co-leader James Shaw says the Government needs to use the levers it has to stop further over-heating in the housing market. He said these levers could be taxes on capital gains and wealth.
A subtle signal that he no longer believes in neoliberalism? Oft criticised here due to his corporate image, he has not advocated any economic ideology as far as I've seen.
Labour will no doubt respond with organised hand-wringing. The PM did declare herself unhappy with the market whoosh but carefully avoided any statement of intent to rectify the situation. Grant will be tempted to declare TINA as usual but then think that could be waving the red flag at the leftist bull so better to lay low say nuffin.
Shaw’s comments were very careful. They avoided direct criticism of what the Reserve Bank was doing, but said it was the Government’s job to rise to the occasion to mitigate the unwanted consequences of the central bank’s actions.
Govt actually do something? The notion is likely to ruffle complacent Labour feathers. Meanwhile the prospect of the Greens & Labour doing ritualised virtue-signalling at each other will have rightists salivating.
“We’ll be talking with Labour about what we can do to take the heat off the housing market, particularly now NZ First is not in the tent to slow or stop progressive policies that will improve the lives of New Zealanders,” he said.
Shaw’s comments join those from the National Party and ACT, which have gone further and criticised the Reserve Bank’s decisions and the rules that it uses to make them.
Puts the pressure on Labour to provide steerage to the economy, eh? To regulate or not to regulate. The threat: escalating media firestorm in direct proportion to emerging housing market stats increasing inequality.
I still believe all the focus on CGT is rather missing the mark however. Plenty of countries which have long standing CGT policies well before 2008 also had (or have) housing bubbles. A CGT policy does not therefore correct the price of housing. The LVR policy seemed to be doing something, however the recent data suggests that an increase in first home buyers was the biggest mover during the most recent period.
Overall I think that the problem is actually a low incomes issue. The policy preference of using monetary policy over fiscal policy has an effect of surpressing incomes and other goods price increases better than house price increases. What used to occur was that the house price increases vanished during 4-6% inflation years which were added to wages. These days that no longer occurs.
You're in good company with that focus on the question-mark over CGT efficacy. We need the govt to produce a well-designed solution. Sophisticated thinking, crowd-sourced, to give it a viable consensus base for leveraging. Experts who normally fly solo, get em flying in formation…
In the campaign the government did promise some measures to help people into homes: rent-to-own arrangements come to mind, as well as joint ownership arrangements, though I don't know the details of either.
These may help people into houses but won’t stop house prices rising.
Correct me if I am wrong but don’t we already have some form of Capital Gains tax? John key brought it in and labour extended it to five years.
mid so I wonder how much revenue it’s collected.
There's been one that long predated Key. For as long as I've had any interest in tax in NZ, any asset purchased with an intent to make a capital gain by selling it at some future date should be paying tax on the profit in that sale. Even if it wasn't the primary intent.
Of course, just about everybody that should have paid that tax easily evaded it by the simple expedient of saying the purchase intent was for the income stream and the thought of selling it for a gain in the future was never considered, honest. Even for negatively geared investments, which only make sense if you're expecting a huge capital gain.
Get the feeling the Greens have signed up to being part of a govt thats going to see inequality and poverty explode with no real power to do anything about it.
Urgent action is going to be needed to get a lid on house prices and leveraging and sadly I dont think Labour is interested in taking on that fight given the landord property owning class will fight tooth and nail.
Watch the waiting list for state housing continue to grow rapidly, rents to march upward leading to a big rise in accomodation suplements which in reality represent a massive wealth transfer to the landlord class from tax payers.
I guess though when you are a wealthy politician with a nice house or houses gaining in value far faster than the avg wage with no tax to pay is there really an incentive to make change….
Much easier to hand wring and say the right things…
God I can't stand the Greens sanctimony sometimes.
The Greens wouldn't shut the fuck up about taxes during the election campaign when National were strenuously trying to pin a tax scare moral panic on the government and their political idiocy on the matter of wealth/CGT taxes virtually forced Jacinda Ardern to stake her political reputation on NOT implementing any sort of tax.
Now the sanctimonious pricks are all "wah wah wah the government won't do anything about wealth taxes" – something they made impossible by shooting their mouths off about it before the election.
All they had to do was to exercise some message discipline before the election and then brought it up after the election for discussion. The Greens continually portray themselves as political ingenues, unable to see past their own self-righteousness.
edit: also, the government could simply close some loopholes (some – i feel generous today so not all) and collect a bit of revenue that way. You know all the money that the rich pricks (inclusive the critters in parliament) avoid paying in taxes with the steady aid of government created loopholes and good accountants. I wonder when James Shaw will advocate for that?
A broad-based tax system should include taxes on personal and business income, consumption and expenditure, pollution, and environmental resource use.
People with the least ability to pay tax should pay the least as a proportion of their income, while those who can pay more should do so to contribute to the welfare of society.
Taxes should discourage speculative investment in non-productive assets. A capital gains tax should be applied to property investment, excluding family homes.
Ecological tax reform should shift taxes away from income and enterprise and towards resource use, waste, and pollution.
Internationally, Aotearoa New Zealand should actively work to develop a financial transactions tax.
Also if should, would could we all be speculating and gambling.
So when Shaw advocates for 'closing current existing loopholes' that are 'currently' used to avoid paying taxes (something that will raise its head in news papers every other year – and i have linked to these articles on more then one occasion ) so that people who don’t pay taxes thanks to all the loopholes such as Gareth Morgan – who btw is also quite vocal about the fact tha the and his son don't pay taxes you can link to that. But you don’t? And that is telling, cause Shaw is not doing such a thing.
But to post this truly useless feel good statement currently is just i don't know, boring? Useless? Meaningless? Feel good for the faithful members which i am not?
And agian,
Would, could, should never paid taxes, Workers however who have their wages “docked or garnished” by the IRD DO pay taxes because its done before they ever lay hand on their money.
It was green party policy for the election…I seem to remember it was the media that focussed on that…sensing some conflict…but the greens forced ardern to do her (shooting her own foot) over-my-dead-body call..eh..?…heh..!…that's a bit of a stretch tiger…blaming the greens for arderns' totally unnecessary wrong-call…and of course a capital gains/wealth tax goes against the neoliberal polices ardern/robertson so cling to ..so tiger…what should be done..?..just more neoliberal incrementalism..?
What should be done? enforce that the current taxes that are levied are actually collected rather tehn written of thanks to generous loop holes provided by government.
How about that? or would that not sexy enough, not progressive enough, not grandstanding enough, and above all do-able. We don't need new taxes, we need the ones that we have collected from those that traditionally pay expensive accountants a huge amount to avoid paying any taxes over 70.000$ NZD per year. And that is costing us and has done so for years now.
All they had to do was to exercise some message discipline before the election and then brought it up after the election for discussion.
That's exactly what I – and many others – were thinking pre-election.
I voted for them too because they have a valuable contribution to make, but there are times when I wish they would exercise a little more political nous.
Read the quote I included! "Discussions" happen all the time among allied political parties… thrash it out behind closed doors and hopefully come to an agreed solution. And read what Sanctuary said @ 5.
Frightening the horses just before an election is downright stupid.
James Shaw is right. But you have to wait for the ignorant and gullible (half the voters at any one time) to catch up before you can progress a policy like CGT.
I would prefer an openess about policies….so does the nz electorate..you could argue the presentation/explanation should be clear as possible..so voters are not driven by uninformed ignorance..but blaming the greens for the timidity of our incrementalist-in-chief is a tad rich..
Look back three weeks and I bet no one can now remember a single policy this election was fought over (which should give us some pause for the substance of the entire process).
Even Ardern recognised that their manifesto cupboard was bare.
that is true that nothing much was fought over, considering that every one was afraid of the women and that party that would not even be elected dog catcher. Thus the Labour Party got no scrutiny from anyone, and anyone daring to against the grain was hounded of the page in one way or another.
Ardern and her crew will deliver nothing more then what they must. They did that the first round and they will do exactly the same on the second round. Willingly lame duck if you like. Kinder, gentler and lame as.
Just bring stamp duty back that Key removed. Simple to work out, collected at sale, not complicated at all. Make it 5% at least and if you really want to slow things down 10% or higher.
Maybe the Greens actually want to do something about poverty by reversing the massive redistribution of asset wealth to the top 5% that has taken place in the last 40 years.
One of the major (justified) complaints against the greens over the years has been their timidity…their trying to be all things to all people…and trying not to offend anyone…… Your claim they have a policy of polarisation is laugh-out-loud factually incorrect…
As just one example..they have policies of financial support for farmers to transition from the environment-visigoths that so many of them are ..how is that polarising..?….care to share a couple of examples of what you clearly see as polarising policies..?
Isn't there a law against with-holding mail from rightful recipients.
Kylie Atwood: New: A stack of messages from foreign leaders to President-elect Joe Biden are sitting at the State Department but the Trump admin is preventing him from accessing them, sources say. Traditionally State supports all communications for the President-elect.
I think the Greens will be taking the opportunity to show their supporters that they are not silenced by their agreement with Labour by shouting about CGT would do much at this stage.
This surely must be a bubble.
I wondered if another substantial rent freeze could help, banning ghost houses, banning investors from the market.????
Rent Freeze and a tax on any secondary house that is rentable and not rented. Yes. That would be a good start. But above all a Rent Freeze. People on no income, one income or the drags of benefits can not keep up, and feel good phrases with no support pay no bills.
I think the government need to make sure that there will be enough ministers around over the holidays and top health staff to manage whatever Covid will present. I cannot see a duty minister being adequate.
Should we have all Ministers sitting in Wellington 'just in case'?
I think Treetop’s comment was quite clear, read it again.
Since we’re still in the middle of a pandemic crisis I think that Ministers and Ministries’ top officials/managers who are involved in it need to be on deck most of the time. Leadership and crisis management cannot be done by Zoom and e-mail only, IMHO.
The Royal Family stayed on in England while the country was being bombed in WW2, actually at Buckingham Palace. In our trying times we expect the government to show an adequate interest in the country and a team should be on the job in Wellington.
The King [George VI) and Queen stayed at Buckingham Palace during World War Two, leaving the Palace during the evenings to spend them with their daughters, Princesses Elizabeth and Margaret, who had been moved to Windsor Castle for safety.
As the majority of bombing raids weren't carried out in daylight, especially after October 1940 when air superiority had been won by the RAF, spending nights in the country 'visiting the kids' isn't as laudable as you might think it was.
If I said I swam in the same pool as a great white shark, but it turns out only when the elasmobranch predator wasn't in it, it doesn't really carry nearly as much weight as a statement of courage.
One of the conditions it needed to fulfil before it was allowed to take on foreign crews, was advertising the positions here and showing that no New Zealanders were available to do these jobs.
An ad in October told prospective employees on the two Russian trawlers, they would be doing "the same repetitive task" the "entire time" they were out at sea.
They would need to be able to cope with the "continuous workload" that happened from the minute they left port to when they returned, and repeated the fact they would be at sea for six months, with no mention of any time off.
That reminds me of the sudden interest that the USA I think, took in the health and strength of its young male population when they called men up to go to war. So many were unfit, to go and fight (for freedom, and capitalism!).
If our government had any brains it would advertise for young men who would join a group which might be called Backbone of New Zealand or some other meaningful and rousing title; does BONZ mean anything rude in current slang? They would be in a state of readiness for a job, would be paid well and expected to go to gym regularly, take polytech courses in down time, and generally be ready for what came up. They wouldn't be on the streets getting into trouble otherwise they would be bounced off the BONZ team. It wouldn't be something that a determined bloke or blokess would do. They would be ensured of a good wage, free transport, etc. and have an advocate looking after them making sure that they weren't being fleeced, and also the reverse. They would form teams of choice who got on well and were on a league-table as to their reliability, standards etc. Some of the teams might be hapu based. So all the cuzzies could work together and keep an eye on each other so as to not go down in their ratings. Less fodder for the gangs and more proud young men aware of their own value and setting standards for themselves – less domestic violence.
Then Sealord or other wants good workers, the answer would be we have a team ready to go.
Why not? Has anyone up there got the gumption to set this up? Someone with some pull and vision and practicality. It could even be run by a clued-up tribe like Ngai Tahu appears to be. And it would be multi-racial, with any jibes beyond some normal jostling being firmly dealt with, probably with out. And no possibility of someone getting paid millions for voicing their own prejudices – no folly like that!
Oh what a great thing it could be. I wish. A combination of social investment from the government in paying the guys and girls when not working without the creepiness so often seen of stand-downs, claw-backs, and managed as a robust nation-wide body of skilled, intelligent, onto-it people with tech ability but specialising in the hands-on jobs that we humans need to do to keep our society going. Not giving it up to them, the tech wizards who get fat bums from sitting, or who stand up and work because their thoughts of their own health and safety rules their lives.
More physical work may save our society. Less energy poured into mountain biking and other land ruining activities, or running marathons. Why? Go and have working holidays helping in poor countries where activity has a point of real value. Or help clean up after the latest weather emergency in NZ and see goodwill and trees blossom from your effort!
Your solution, and many others, could have worked, but for two things.
The fishing companies don't want it to work.
And the government is too lazy and too spineless to require them to obey the law.
They are totally onboard with foreign slave crews and every other scam to screw NZ workers. Complain and they will turn around and cry racism. That trick has stopped working for them however, so they're back to pretending it isn't happening.
No emperor's clothes. They can't still rely on that legerdemain, now are they really that shameless? It must be time at last for honesty – to quote the bible verity –
1 Corinthians 13:12 King James Version
12 For now we see through a glass, darkly;
but then face to face:
now I know in part;
but then shall I know even as also I am known.
The study's authors, Jorgen Randers and Ulrich Goluke of the Norwegian Business School in Oslo, used a reduced complexity earth system model (ESCIMO) to study the effect of different greenhouse gas emission reductions on changes in the global climate from 1850 to 2500 and created projections of global temperature and sea level rises. "The purpose of this article is to report that we have identified a point-of-no-return in our climate model ESCIMO – and that it is already behind us," the authors said…
But prominent scientists from around the world, including Victoria University of Wellington's head of school of geography, environment and earth sciences, professor James Renwick, have already challenged the report's conclusions… Renwick said the results presented in the paper were interesting but at odds with the science community's understanding of how the climate was changing.
"The latest round of climate model simulations, run in support of the 6th Assessment Report of the Intergovernmental Panel on Climate Change, show that if greenhouse gas emissions were to stop immediately, there is likely to be very little further increase in temperatures and no sign of warming resuming in future," [Professor James] Renwick – who was a lead author for the IPCC 6th Assessment Report – said…
"If greenhouse gas emissions are reduced in line with the Paris Agreement, the climate would stabilise over the coming century. Some things, notably sea level rise and ice melt, would continue for longer, but at a reducing rate."
Although the title of the paper implied a full "earth system model" was used, the paper was actually based on a "low complexity model" that captured only the broadest features of the climate system, Renwick said.
This kind of bad science really annoys me and does a lot of harm. The fact it came from a business school should raise alarm bells anyway. This is the main takeaway from James Renwick. "In short, the results presented in this paper are very implausible and should not be seen as cause for alarm."
Yes confusing and not everyone would think about the likely mixed motives of a business school. Which in a matter as vital to us as this, shows a non existent set of values, or a keen desire to win brownie points that has cut across discretion and probity.
'A four-year-long investigation into "extremely serious" actions by Australian troops in Afghanistan is reported to recommend prosecutions or sanctions against more than 15 people.'
I'm looking forward to the Auckland Council meeting in which they discuss why their debt has been placed waaay over the current rate, sucking an estimated $1.4b of expenditure out of Council.
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The Government can head off to the holidays, entitled to assure itself that it has done more or less what it said it would do. The campaign last year promised to “get New Zealand back on track.” When you look at the basic promises—to trim back Government expenditure, toughen up ...
Open access notables An intensification of surface Earth’s energy imbalance since the late 20th century, Li et al., Communications Earth & Environment:Tracking the energy balance of the Earth system is a key method for studying the contribution of human activities to climate change. However, accurately estimating the surface energy balance ...
Photo by Mauricio Fanfa on UnsplashKia oraCome and join us for our weekly ‘Hoon’ webinar with paying subscribers to The Kākā for an hour at 5 pm today.Jump on this link on YouTube Livestream for our chat about the week’s news with myself , plus regular guests and , ...
“Like you said, I’m an unreconstructed socialist. Everybody deserves to get something for Christmas.”“ONE OF THOSE had better be for me!” Hannah grinned, fascinated, as Laurie made his way, gingerly, to the bar, his arms full of gift-wrapped packages.“Of course!”, beamed Laurie. Depositing his armful on the bar-top and selecting ...
Data released by Statistics New Zealand today showed a significant slowdown in the economy over the past six months, with GDP falling by 1% in September, and 1.1% in June said CTU Economist Craig Renney. “The data shows that the size of the economy in GDP terms is now smaller ...
One last thing before I quitI never wanted any moreThan I could fit into my headI still remember every single word you saidAnd all the shit that somehow came along with itStill, there's one thing that comforts meSince I was always caged and now I'm freeSongwriters: David Grohl / Georg ...
Sparse offerings outside a Te Kauwhata church. Meanwhile, the Government is cutting spending in ways that make thousands of hungry children even hungrier, while also cutting funding for the charities that help them. It’s also doing that while winding back new building of affordable housing that would allow parents to ...
It is difficult to make sense of the Luxon Coalition Government’s economic management.This end-of-year review about the state of economic management – the state of the economy was last week – is not going to cover the National Party contribution. Frankly, like every other careful observer, I cannot make up ...
This morning I awoke to the lovely news that we are firmly back on track, that is if the scale was reversed.NZ ranks low in global economic comparisonsNew Zealand's economy has been ranked 33rd out of 37 in an international comparison of which have done best in 2024.Economies were ranked ...
Remember those silent movies where the heroine is tied to the railway tracks or going over the waterfall in a barrel? Finance Minister Nicola Willis seems intent on portraying herself as that damsel in distress. According to Willis, this country’s current economic problems have all been caused by the spending ...
Similar to the cuts and the austerity drive imposed by Ruth Richardson in the 1990’s, an era which to all intents and purposes we’ve largely fiddled around the edges with fixing in the time since – over, to be fair, several administrations – whilst trying our best it seems to ...
String-Pulling in the Dark: For the democratic process to be meaningful it must also be public. WITH TRUST AND CONFIDENCE in New Zealand’s politicians and journalists steadily declining, restoring those virtues poses a daunting challenge. Just how daunting is made clear by comparing the way politicians and journalists treated New Zealanders ...
Dear Nicola Willis, thank you for letting us know in so many words that the swingeing austerity hasn't worked.By in so many words I mean the bit where you said, Here is a sea of red ink in which we are drowning after twelve months of savage cost cutting and ...
The Open Government Partnership is a multilateral organisation committed to advancing open government. Countries which join are supposed to co-create regular action plans with civil society, committing to making verifiable improvements in transparency, accountability, participation, or technology and innovation for the above. And they're held to account through an Independent ...
Today I tuned into something strange: a press conference that didn’t make my stomach churn or the hairs on the back of my neck stand on end. Which was strange, because it was about the torture of children. It was the announcement by Erica Stanford — on her own, unusually ...
This is a must watch, and puts on brilliant and practical display the implications and mechanics of fast-track law corruption and weakness.CLICK HERE: LINK TO WATCH VIDEOOur news media as it is set up is simply not equipped to deal with the brazen disinformation and corruption under this right wing ...
NZCTU Te Kauae Kaimahi Acting Secretary Erin Polaczuk is welcoming the announcement from Minister of Workplace Relations and Safety Brooke van Velden that she is opening consultation on engineered stone and is calling on her to listen to the evidence and implement a total ban of the product. “We need ...
The Government has announced a 1.5% increase in the minimum wage from 1 April 2025, well below forecast inflation of 2.5%. Unions have reacted strongly and denounced it as a real terms cut. PSA and the CTU are opposing a new round of staff cuts at WorkSafe, which they say ...
The decision to unilaterally repudiate the contract for new Cook Strait ferries is beginning to look like one of the stupidest decisions a New Zealand government ever made. While cancelling the ferries and their associated port infrastructure may have made this year's books look good, it means higher costs later, ...
Hi there! I’ve been overseas recently, looking after a situation with a family member. So apologies if there any less than focused posts! Vanuatu has just had a significant 7.3 earthquake. Two MFAT staff are unaccounted for with local fatalities.It’s always sad to hear of such things happening.I think of ...
Today is a special member's morning, scheduled to make up for the government's theft of member's days throughout the year. First up was the first reading of Greg Fleming's Crimes (Increased Penalties for Slavery Offences) Amendment Bill, which was passed unanimously. Currently the House is debating the third reading of ...
We're going backwardsIgnoring the realitiesGoing backwardsAre you counting all the casualties?We are not there yetWhere we need to beWe are still in debtTo our insanitiesSongwriter: Martin Gore Read more ...
Willis blamed Treasury for changing its productivity assumptions and Labour’s spending increases since Covid for the worsening Budget outlook. Photo: Getty ImagesMōrena. Long stories short, the six things that matter in Aotearoa’s political economy around housing, climate and poverty on Wednesday, December 18 in The Kākā’s Dawn Chorus podcast above ...
Today the Auckland Transport board meet for the last time this year. For those interested (and with time to spare), you can follow along via this MS Teams link from 10am. I’ve taken a quick look through the agenda items to see what I think the most interesting aspects are. ...
Hi,If you’re a New Zealander — you know who Mike King is. He is the face of New Zealand’s battle against mental health problems. He can be loud and brash. He raises, and is entrusted with, a lot of cash. Last year his “I Am Hope” charity reported a revenue ...
Probably about the only consolation available from yesterday’s unveiling of the Half-Yearly Economic and Fiscal Update (HYEFU) is that it could have been worse. Though Finance Minister Nicola Willis has tightened the screws on future government spending, she has resisted the calls from hard-line academics, fiscal purists and fiscal hawks ...
The right have a stupid saying that is only occasionally true:When is democracy not democracy? When it hasn’t been voted on.While not true in regards to branches of government such as the judiciary, it’s a philosophy that probably should apply to recently-elected local government councillors. Nevertheless, this concept seemed to ...
Long story short: the Government’s austerity policy has driven the economy into a deeper and longer recession that means it will have to borrow $20 billion more over the next four years than it expected just six months ago. Treasury’s latest forecasts show the National-ACT-NZ First Government’s fiscal strategy of ...
Come and join myself and CTU Chief Economist for a pop-up ‘Hoon’ webinar on the Government’s Half Yearly Economic and Fiscal Update (HYEFU) with paying subscribers to The Kākā for 30 minutes at 5 pm today.Jump on this link on YouTube Livestream to watch our chat. Don’t worry if ...
In 1998, in the wake of the Paremoremo Prison riot, the Department of Corrections established the "Behaviour Management Regime". Prisoners were locked in their cells for 22 or 23 hours a day, with no fresh air, no exercise, no social contact, no entertainment, and in some cases no clothes and ...
New data released by the Treasury shows that the economic policies of this Government have made things worse in the year since they took office, said NZCTU Economist Craig Renney. “Our fiscal indicators are all heading in the wrong direction – with higher levels of debt, a higher deficit, and ...
At the 2023 election, National basically ran on a platform of being better economic managers. So how'd that turn out for us? In just one year, they've fucked us for two full political terms: The government's books are set to remain deeply in the red for the near term ...
AUSTERITYText within this block will maintain its original spacing when publishedMy spreadsheet insists This pain leads straight to glory (File not found) Read more ...
The NZCTU Te Kauae Kaimahi are saying that the Government should do the right thing and deliver minimum wage increases that don’t see workers fall further behind, in response to today’s announcement that the minimum wage will only be increased by 1.5%, well short of forecast inflation. “With inflation forecast ...
Oh, I weptFor daysFilled my eyesWith silly tearsOh, yeaBut I don'tCare no moreI don't care ifMy eyes get soreSongwriters: Paul Rodgers / Paul Kossoff. Read more ...
This is a re-post from Yale Climate Connections by Bob HensonIn this aerial view, fingers of meltwater flow from the melting Isunnguata Sermia glacier descending from the Greenland Ice Sheet on July 11, 2024, near Kangerlussuaq, Greenland. According to the Programme for Monitoring of the Greenland Ice Sheet (PROMICE), the ...
In August, I wrote an article about David Seymour1 with a video of his testimony, to warn that there were grave dangers to his Ministry of Regulation:David Seymour's Ministry of Slush Hides Far Greater RisksWhy Seymour's exorbitant waste of taxpayers' money could be the least of concernThe money for Seymour ...
Willis is expected to have to reveal the bitter fiscal fruits of her austerity strategy in the HYEFU later today. Photo: Lynn Grieveson/TheKakaMōrena. Long stories short, the six things that matter in Aotearoa’s political economy around housing, climate and poverty on Tuesday, December 17 in The Kākā’s Dawn Chorus podcast ...
On Friday the government announced it would double the number of toll roads in New Zealand as well as make a few other changes to how toll roads are used in the country. The real issue though is not that tolling is being used but the suggestion it will make ...
The Prime Minister yesterday engaged in what looked like a pre-emptive strike designed to counter what is likely to be a series of depressing economic statistics expected before the end of the week. He opened his weekly post-Cabinet press conference with a recitation of the Government’s achievements. “It certainly has ...
This whooping cough story from south Auckland is a good example of the coalition government’s approach to social need – spend money on urging people to get vaccinated but only after you’ve cut the funding to where they could get vaccinated. This has been the case all year with public ...
And if there is a GodI know he likes to rockHe likes his loud guitarsHis spiders from MarsAnd if there is a GodI know he's watching meHe likes what he seesBut there's trouble on the breezeSongwriter: William Patrick Corgan Read more ...
Here’s a quick round up of today’s political news:1. MORE FOOD BANKS, CHARITIES, DOMESTIC VIOLENCE SHELTERS AND YOUTH SOCIAL SERVICES SET TO CLOSE OR SCALE BACK AROUND THE COUNTRY AS GOVT CUTS FUNDINGSome of Auckland's largest foodbanks are warning they may need to close or significantly reduce food parcels after ...
Iain Rennie, CNZMSecretary and Chief Executive to the TreasuryDear Secretary, Undue restrictions on restricted briefings This week, the Treasury barred representatives from four organisations, including the New Zealand Council of Trade Unions Te Kauae Kaimahi, from attending the restricted briefing for the Half-Year Economic and Fiscal Update. We had been ...
This is a guest post by Tim Adriaansen, a community, climate, and accessibility advocate.I won’t shut up about climate breakdown, and whenever possible I try to shift the focus of a climate conversation towards solutions. But you’ll almost never hear me give more than a passing nod to ...
A grassroots backlash has forced a backdown from Brown, but he is still eyeing up plenty of tolls for other new roads. And the pressure is on Willis to ramp up the Government’s austerity strategy. Photo: Getty ImagesMōrena. Long stories short, the six things that matter in Aotearoa’s political economy ...
Hi all,I'm pretty overwhelmed by all your messages and emails today; thank you so very much.As much as my newsletter this morning was about money, and we all need to earn money, it was mostly about world domination if I'm honest. 😉I really hate what’s happening to our country, and ...
A listing of 23 news and opinion articles we found interesting and shared on social media during the past week: Sun, December 8, 2024 thru Sat, December 14, 2024. Listing by Category Like last week's summary this one contains the list of articles twice: based on categories and based on ...
I started writing this morning about Hobson’s Pledge, examining the claims they and their supporters make, basically ripping into them. But I kept getting notifications coming through, and not good ones.Each time I looked up, there was another un-subscription message, and I felt a bit sicker at the thought of ...
Once, long before there was Harry and Meghan and Dodi and all those episodes of The Crown, they came to spend some time with us, Charles and Diana. Was there anyone in the world more glamorous than the Princess of Wales?Dazzled as everyone was by their company, the leader of ...
The collective right have a problem.The entire foundation for their world view is antiscientific. Their preferred economic strategies have been disproven. Their whole neoliberal model faces accusations of corporate corruption and worsening inequality. Climate change not only definitely exists, its rapid progression demands an immediate and expensive response in order ...
Just ten days ago, South Korea's president attempted a self-coup, declaring martial law and attempting to have opposition MPs murdered or arrested in an effort to seize unconstrained power. The attempt was rapidly defeated by the national assembly voting it down and the people flooding the streets to defend democracy. ...
Hi,“What I love about New Zealanders is that sometimes you use these expressions that as Americans we have no idea what those things mean!"I am watching a 30-something year old American ramble on about how different New Zealanders are to Americans. It’s his podcast, and this man is doing a ...
What Chris Penk has granted holocaust-denier and equal-opportunity-bigot Candace Owens is not “freedom of speech”. It’s not even really freedom of movement, though that technically is the right she has been granted. What he has given her is permission to perform. Freedom of SpeechIn New Zealand, the right to freedom ...
All those tears on your cheeksJust like deja vu flow nowWhen grandmother speaksSo tell me a story (I'll tell you a story)Spell it out, I can't hear (What do you want to hear?)Why you wear black in the morning?Why there's smoke in the air? Songwriter: Greg Johnson.Mōrena all ☀️Something a ...
National has only been in power for a year, but everywhere you look, its choices are taking New Zealand a long way backwards. In no particular order, here are the National Government's Top 50 Greatest Misses of its first year in power. ...
The Government is quietly undertaking consultation on the dangerous Regulatory Standards Bill over the Christmas period to avoid too much attention. ...
The Government’s planned changes to the freedom of speech obligations of universities is little more than a front for stoking the political fires of disinformation and fear, placing teachers and students in the crosshairs. ...
The Ministry of Regulation’s report into Early Childhood Education (ECE) in Aotearoa raises serious concerns about the possibility of lowering qualification requirements, undermining quality and risking worse outcomes for tamariki, whānau, and kaiako. ...
A Bill to modernise the role of Justices of the Peace (JP), ensuring they remain active in their communities and connected with other JPs, has been put into the ballot. ...
Labour will continue to fight unsustainable and destructive projects that are able to leap-frog environment protection under National’s Fast-track Approvals Bill. ...
The Green Party has warned that a Green Government will revoke the consents of companies who override environmental protections as part of Fast-Track legislation being passed today. ...
The Green Party says the Half Year Economic and Fiscal Update shows how the Government is failing to address the massive social and infrastructure deficits our country faces. ...
The Government’s latest move to reduce the earnings of migrant workers will not only hurt migrants but it will drive down the wages of Kiwi workers. ...
Te Pāti Māori has this morning issued a stern warning to Fast-Track applicants with interests in mining, pledging to hold them accountable through retrospective liability and to immediately revoke Fast-Track consents under a future Te Pāti Māori government. This warning comes ahead of today’s third reading of the Fast-Track Approvals ...
The Government’s announcement today of a 1.5 per cent increase to minimum wage is another blow for workers, with inflation projected to exceed the increase, meaning it’s a real terms pay reduction for many. ...
All the Government has achieved from its announcement today is to continue to push responsibility back on councils for its own lack of action to help bring down skyrocketing rates. ...
The Government has used its final post-Cabinet press conference of the year to punch down on local government without offering any credible solutions to the issues our councils are facing. ...
The Government has failed to keep its promise to ‘super charge’ the EV network, delivering just 292 chargers - less than half of the 670 chargers needed to meet its target. ...
The Green Party is calling for the Government to stop subsidising the largest user of the country’s gas supplies, Methanex, following a report highlighting the multi-national’s disproportionate influence on energy prices in Aotearoa. ...
The Green Party is appalled with the Government’s new child poverty targets that are based on a new ‘persistent poverty’ measure that could be met even with an increase in child poverty. ...
New independent analysis has revealed that the Government’s Emissions Reduction Plan (ERP) will reduce emissions by a measly 1 per cent by 2030, failing to set us up for the future and meeting upcoming targets. ...
The loss of 27 kaimahi at Whakaata Māori and the end of its daily news bulletin is a sad day for Māori media and another step backwards for Te Tiriti o Waitangi justice. ...
Yesterday the Government passed cruel legislation through first reading to establish a new beneficiary sanction regime that will ultimately mean more households cannot afford the basic essentials. ...
Today's passing of the Government's Residential Tenancies Amendment Bill–which allows landlords to end tenancies with no reason–ignores the voice of the people and leaves renters in limbo ahead of the festive season. ...
After wasting a year, Nicola Willis has delivered a worse deal for the Cook Strait ferries that will end up being more expensive and take longer to arrive. ...
Green Party co-leader Chlöe Swarbrick has today launched a Member’s Bill to sanction Israel for its unlawful presence in the Occupied Palestinian Territory, as the All Out For Gaza rally reaches Parliament. ...
After years of advocacy, the Green Party is very happy to hear the Government has listened to our collective voices and announced the closure of the greyhound racing industry, by 1 August 2026. ...
In response to a new report from ERO, the Government has acknowledged the urgent need for consistency across the curriculum for Relationship and Sexuality Education (RSE) in schools. ...
The Green Party is appalled at the Government introducing legislation that will make it easier to penalise workers fighting for better pay and conditions. ...
Thank you for the invitation to speak with you tonight on behalf of the political party I belong to - which is New Zealand First. As we have heard before this evening the Kinleith Mill is proposing to reduce operations by focusing on pulp and discontinuing “lossmaking paper production”. They say that they are currently consulting on the plan to permanently shut ...
Auckland Central MP, Chlöe Swarbrick, has written to Mayor Wayne Brown requesting he stop the unnecessary delays on St James Theatre’s restoration. ...
Health Minister Dr Shane Reti says Health New Zealand will move swiftly to support dozens of internationally-trained doctors already in New Zealand on their journey to employment here, after a tripling of sought-after examination places. “The Medical Council has delivered great news for hardworking overseas doctors who want to contribute ...
Prime Minister Christopher Luxon has appointed Sarah Ottrey to the APEC Business Advisory Council (ABAC). “At my first APEC Summit in Lima, I experienced firsthand the role that ABAC plays in guaranteeing political leaders hear the voice of business,” Mr Luxon says. “New Zealand’s ABAC representatives are very well respected and ...
Prime Minister Christopher Luxon has announced four appointments to New Zealand’s intelligence oversight functions. The Honourable Robert Dobson KC has been appointed Chief Commissioner of Intelligence Warrants, and the Honourable Brendan Brown KC has been appointed as a Commissioner of Intelligence Warrants. The appointments of Hon Robert Dobson and Hon ...
Improvements in the average time it takes to process survey and title applications means housing developments can progress more quickly, Minister for Land Information Chris Penk says. “The government is resolutely focused on improving the building and construction pipeline,” Mr Penk says. “Applications to issue titles and subdivide land are ...
The Government’s measures to reduce airport wait times, and better transparency around flight disruptions is delivering encouraging early results for passengers ahead of the busy summer period, Transport Minister Simeon Brown says. “Improving the efficiency of air travel is a priority for the Government to give passengers a smoother, more reliable ...
The Government today announced the intended closure of the Apollo Hotel as Contracted Emergency Housing (CEH) in Rotorua, Associate Housing Minister Tama Potaka says. This follows a 30 per cent reduction in the number of households in CEH in Rotorua since National came into Government. “Our focus is on ending CEH in the Whakarewarewa area starting ...
The Government will reshape vocational education and training to return decision making to regions and enable greater industry input into work-based learning Tertiary Education and Skills Minister, Penny Simmonds says. “The redesigned system will better meet the needs of learners, industry, and the economy. It includes re-establishing regional polytechnics that ...
The Government is taking action to better manage synthetic refrigerants and reduce emissions caused by greenhouse gases found in heating and cooling products, Environment Minister Penny Simmonds says. “Regulations will be drafted to support a product stewardship scheme for synthetic refrigerants, Ms. Simmonds says. “Synthetic refrigerants are found in a ...
People travelling on State Highway 1 north of Hamilton will be relieved that remedial works and safety improvements on the Ngāruawāhia section of the Waikato Expressway were finished today, with all lanes now open to traffic, Transport Minister Simeon Brown says.“I would like to acknowledge the patience of road users ...
Tertiary Education and Skills Minister, Penny Simmonds, has announced a new appointment to the board of Education New Zealand (ENZ). Dr Erik Lithander has been appointed as a new member of the ENZ board for a three-year term until 30 January 2028. “I would like to welcome Dr Erik Lithander to the ...
The Government will have senior representatives at Waitangi Day events around the country, including at the Waitangi Treaty Grounds, but next year Prime Minister Christopher Luxon has chosen to take part in celebrations elsewhere. “It has always been my intention to celebrate Waitangi Day around the country with different ...
Two more criminal gangs will be subject to the raft of laws passed by the Coalition Government that give Police more powers to disrupt gang activity, and the intimidation they impose in our communities, Police Minister Mark Mitchell says. Following an Order passed by Cabinet, from 3 February 2025 the ...
Attorney-General Judith Collins today announced the appointment of Justice Christian Whata as a Judge of the Court of Appeal. Justice Whata’s appointment as a Judge of the Court of Appeal will take effect on 1 August 2025 and fill a vacancy created by the retirement of Hon Justice David Goddard on ...
The latest economic figures highlight the importance of the steps the Government has taken to restore respect for taxpayers’ money and drive economic growth, Finance Minister Nicola Willis says. Data released today by Stats NZ shows Gross Domestic Product fell 1 per cent in the September quarter. “Treasury and most ...
Tertiary Education and Skills Minister Penny Simmonds and Associate Minister of Education David Seymour today announced legislation changes to strengthen freedom of speech obligations on universities. “Freedom of speech is fundamental to the concept of academic freedom and there is concern that universities seem to be taking a more risk-averse ...
Police Minister, Mark Mitchell, and Internal Affairs Minister, Brooke van Velden, today launched a further Public Safety Network cellular service that alongside last year’s Cellular Roaming roll-out, puts globally-leading cellular communications capability into the hands of our emergency responders. The Public Safety Network’s new Cellular Priority service means Police, Wellington ...
State Highway 1 through the Mangamuka Gorge has officially reopened today, providing a critical link for Northlanders and offering much-needed relief ahead of the busy summer period, Transport Minister Simeon Brown says.“The Mangamuka Gorge is a vital route for Northland, carrying around 1,300 vehicles per day and connecting the Far ...
The Government has welcomed decisions by the NZ Transport Agency (NZTA) and Ashburton District Council confirming funding to boost resilience in the Canterbury region, with construction on a second Ashburton Bridge expected to begin in 2026, Transport Minister Simeon Brown says. “Delivering a second Ashburton Bridge to improve resilience and ...
The Government is backing the response into high pathogenic avian influenza (HPAI) in Otago, Biosecurity Minister Andrew Hoggard says. “Cabinet has approved new funding of $20 million to enable MPI to meet unbudgeted ongoing expenses associated with the H7N6 response including rigorous scientific testing of samples at the enhanced PC3 ...
Legislation that will repeal all advertising restrictions for broadcasters on Sundays and public holidays has passed through first reading in Parliament today, Media Minister Paul Goldsmith says. “As a growing share of audiences get their news and entertainment from streaming services, these restrictions have become increasingly redundant. New Zealand on ...
Today the House agreed to Brendan Horsley being appointed Inspector-General of Defence, Justice Minister Paul Goldsmith says. “Mr Horsley’s experience will be invaluable in overseeing the establishment of the new office and its support networks. “He is currently Inspector-General of Intelligence and Security, having held that role since June 2020. ...
Minister of Internal Affairs Brooke van Velden says the Government has agreed to the final regulations for the levy on insurance contracts that will fund Fire and Emergency New Zealand from July 2026. “Earlier this year the Government agreed to a 2.2 percent increase to the rate of levy. Fire ...
The Government is delivering regulatory relief for New Zealand businesses through changes to the Anti-Money Laundering and Countering Financing of Terrorism Act. “The Anti-Money Laundering and Countering Financing of Terrorism Amendment Bill, which was introduced today, is the second Bill – the other being the Statutes Amendment Bill - that ...
Transport Minister Simeon Brown has welcomed further progress on the Hawke’s Bay Expressway Road of National Significance (RoNS), with the NZ Transport Agency (NZTA) Board approving funding for the detailed design of Stage 1, paving the way for main works construction to begin in late 2025.“The Government is moving at ...
The Government today released a request for information (RFI) to seeking interest in partnerships to plant trees on Crown-owned land with low farming and conservation value (excluding National Parks) Forestry Minister Todd McClay announced. “Planting trees on Crown-owned land will drive economic growth by creating more forestry jobs in our regions, providing more wood ...
Court timeliness, access to justice, and improving the quality of existing regulation are the focus of a series of law changes introduced to Parliament today by Associate Minister of Justice Nicole McKee. The three Bills in the Regulatory Systems (Justice) Amendment Bill package each improve a different part of the ...
A total of 41 appointments and reappointments have been made to the 12 community trusts around New Zealand that serve their regions, Associate Finance Minister Shane Jones says. “These trusts, and the communities they serve from the Far North to the deep south, will benefit from the rich experience, knowledge, ...
The Government has confirmed how it will provide redress to survivors who were tortured at the Lake Alice Psychiatric Hospital Child and Adolescent Unit (the Lake Alice Unit). “The Royal Commission of Inquiry into Abuse in Care found that many of the 362 children who went through the Lake Alice Unit between 1972 and ...
It has been a busy, productive year in the House as the coalition Government works hard to get New Zealand back on track, Leader of the House Chris Bishop says. “This Government promised to rebuild the economy, restore law and order and reduce the cost of living. Our record this ...
“Accelerated silicosis is an emerging occupational disease caused by unsafe work such as engineered stone benchtops. I am running a standalone consultation on engineered stone to understand what the industry is currently doing to manage the risks, and whether further regulatory intervention is needed,” says Workplace Relations and Safety Minister ...
Mehemea he pai mō te tangata, mahia – if it’s good for the people, get on with it. Enhanced reporting on the public sector’s delivery of Treaty settlement commitments will help improve outcomes for Māori and all New Zealanders, Māori Crown Relations Minister Tama Potaka says. Compiled together for the ...
Mr Roger Holmes Miller and Ms Tarita Hutchinson have been appointed to the Charities Registration Board, Community and Voluntary Sector Minister Louise Upston says. “I would like to welcome the new members joining the Charities Registration Board. “The appointment of Ms Hutchinson and Mr Miller will strengthen the Board’s capacity ...
More building consent and code compliance applications are being processed within the statutory timeframe since the Government required councils to submit quarterly data, Building and Construction Minister Chris Penk says. “In the midst of a housing shortage we need to look at every step of the build process for efficiencies ...
Mental Health Minister Matt Doocey is proud to announce the first three recipients of the Government’s $10 million Mental Health and Addiction Community Sector Innovation Fund which will enable more Kiwis faster access to mental health and addiction support. “This fund is part of the Government’s commitment to investing in ...
New Zealand is providing Vanuatu assistance following yesterday's devastating earthquake, Foreign Minister Winston Peters says. "Vanuatu is a member of our Pacific family and we are supporting it in this time of acute need," Mr Peters says. "Our thoughts are with the people of Vanuatu, and we will be ...
The Government welcomes the Commerce Commission’s plan to reduce card fees for Kiwis by an estimated $260 million a year, Commerce and Consumer Affairs Minister Andrew Bayly says.“The Government is relentlessly focused on reducing the cost of living, so Kiwis can keep more of their hard-earned income and live a ...
Regulation Minister David Seymour has welcomed the Early Childhood Education (ECE) regulatory review report, the first major report from the Ministry for Regulation. The report makes 15 recommendations to modernise and simplify regulations across ECE so services can get on with what they do best – providing safe, high-quality care ...
The Government‘s Offshore Renewable Energy Bill to create a new regulatory regime that will enable firms to construct offshore wind generation has passed its first reading in Parliament, Energy Minister Simeon Brown says.“New Zealand currently does not have a regulatory regime for offshore renewable energy as the previous government failed ...
Legislation to enable new water service delivery models that will drive critical investment in infrastructure has passed its first reading in Parliament, marking a significant step towards the delivery of Local Water Done Well, Local Government Minister Simeon Brown and Commerce and Consumer Affairs Minister Andrew Bayly say.“Councils and voters ...
New Zealand is one step closer to reaping the benefits of gene technology with the passing of the first reading of the Gene Technology Bill, Science, Innovation and Technology Minister Judith Collins says. "This legislation will end New Zealand's near 30-year ban on gene technology outside the lab and is ...
ByKoroi Hawkins, RNZ Pacific editor New Zealand’s Urban Search and Rescue (USAR) says impending bad weather for Port Vila is now the most significant post-quake hazard. A tropical low in the Coral Sea is expected to move into Vanuatu waters, bringing heavy rainfall. Authorities have issued warnings to people ...
Cosmic CatastropheThe year draws to a close.King Luxon has grown tired of the long eveningsListening to the dreary squabbling of his Triumvirate.He strolls up to the top floor of the PalaceTo consult with his Astronomer Royal.The Royal Telescope scans the skies,And King Luxon stares up into the heavensFrom the terrestrial ...
Spinoff editor Mad Chapman and books editor Claire Mabey debate Carl Shuker’s new novel about… an editor. Claire: Hello Mad, you just finished The Royal Free – overall impressions? Mad: Hi Claire, I literally just put the book down and I would have to say my immediate impression is ...
Christmas and its buildup are often lonely, hard and full of unreasonable expectations. Here’s how to make it to Jesus’s birthday and find the little bit of joy we all deserve. Have you found this year relentless? Has the latest Apple update “fucked up your life”? Have you lost two ...
Despite overwhelming public and corporate support, the government has stalled progress on a modern day slavery law. That puts us behind other countries – and makes Christmas a time of tragedy rather than joy, argues Shanti Mathias. Picture the scene on Christmas Day. Everyone replete with nice things to eat, ...
Asia Pacific Report “It looks like Hiroshima. It looks like Germany at the end of World War Two,” says an Israeli-American historian and professor of holocaust and genocide studies at Brown University about the horrifying reality of Gaza. Professor Omer Bartov, has described Israel’s ongoing war on Gaza as an ...
The New Zealand government coalition is tweaking university regulations to curb what it says is an increasingly “risk-averse approach” to free speech. The proposed changes will set clear expectations on how universities should approach freedom of speech issues. Each university will then have to adopt a “freedom of speech statement” ...
Report by Dr David Robie – Café Pacific. – COMMENTARY: By Caitlin Johnstone New York prosecutors have charged Luigi Mangione with “murder as an act of terrorism” in his alleged shooting of health insurance CEO Brian Thompson earlier this month. This news comes out at the same time as ...
Pacific Media Watch The union for Australian journalists has welcomed the delivery by the federal government of more than $150 million to support the sustainability of public interest journalism over the next four years. Combined with the announcement of the revamped News Bargaining Initiative, this could result in up to ...
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Dumb question of the day.
Do banks pay tax on the interest they earn from borrowers. And is it the same rate savers pay . ?
Sorta kinda yes, sorta kinda not really. The rate banks pay on their profits is the company tax rate, so it's different to the rates paid by individual savers (which vary depending on the saver's total income).
Banks pay tax on their profits. Profit is income less costs. Since the interest from borrowers is income for the bank, some of it ends up as profit and gets taxed. Along with income from account fees, various other charges. Costs include salaries and wages, buildings and software and other stuff needed to run the bank, regulatory costs, interest on money the bank has to borrow, writing off bad loans, various schemes to shift profits to offshore owners such as licensing and branding and intellectual property fees, etc etc.
Thats a no i think Andre
I am firmly of the belief that taxing interest payments directly is the proper response and would give govt a direct means of regulating lending. Do Not be misled, The root of the problem is usury !
People have patiently tried to explain it to me, totally legitimately, but I still can't figure out why we don't tax businesses on gross revenue just like we tax people PAYE.
To do that you would need to make the tax rate much lower, and even then it would likely sink many small to medium businesses.
In my field a good year sees the company make 5 percent net profit onces expenses wages etc are all paid.
Revenue is somewhere around 5 million so 250k profit is a good year and that 250k is what we pay company tax on.
In a bad year we might have revenue of 4million meaning a small loss or at best break even and no company tax paid. If the tax was purely on revenue the only option would be to start letting people go or sinking the company into debt.
Yeah, the rate could well be much lower.
But isn't the peril of debt/downsizing/savings/folding exactly the same as that faced by people every day? Lose your job or get your hours cut, we all have the same choice to make.
Yes it is the same peril, but it would effect everyone in the company and one bad year would sink it meaning 40 staff are out of work. In the current system profit is left in the company so it can absorb 2 or 3 bad years and retain all the staff.
Now im lucky I work for a company that puts its staff first, everyone kept their jobs over covid, we were paid 80 percent and now we are busy the company is making 'catch up' payments to bring that 80 percent up to 100.
Plenty of employers (looking at you warehouse group) are short sighted and dont realize the people are what makes the whole thing work. Mine realizes that by retaining staff you save tonnes of money in recruitment and as soon as the market improves you are well placed to take advantage.
Whether or not the profit is left in the company is up to the shareholders. It seems to me the difference is that when a company makes a loss, it gets a tax break. But the net profit has many loopholes, from CER to the old "BrandNamenz is a subsidiary of brandNameglobal that makes no profit because various fees to brandNameglobal happen to match what would otherwise be net profit".
There's no reason similar tax breaks can't be done, maybe even targeted atr NZ-owned businesses. GST already does the tax reimbursement. PAYE does rebates.
The logic of business taxation is that revenue is taxed but that expenses which contribute to that revenue may be deducted in calculating the business' tax liability. Interest however is something of an oddball cost inasmuch as it does not contribute to the earning of revenue. Businesses don't borrow – proprietors borrow and invest in their businesses, but such borrowing is a personal expense rather than a business expense. I think the Income Tax Act has it wrong and interest should not be deductible for tax purposes.
Aren't business liabilities debts? Vouchers and holiday pay and so on?
And why are people taxed on the expenses that contribute to their income? Food and lodging, for example? Can I deduct my clothing that I wear to work, as opposed to just schlepping around the house?
Businesses don't borrow – proprietors borrow and invest in their businesses, but such borrowing is a personal expense rather than a business expense.
Tell that to my bank, they may well be requiring me to offer security over my personal assets and income, but if the business didn't exist there would be no loan.
The question you need to ask is, what is the purpose of this borrowing expense?
In McF's example, food and lodging, is an expense that would be incurred regardless of whether the person paying it was in business or not. The essential and broader purpose being to stay alive rather than necessarily operate a business.
ok, so what about my work clothes. Not uniform or ppe, just clothes I wear to work? I know if I was a contractor I could mark e.g. uniforms as an expense, why can't I do that as an employee?
Again the question comes down to purpose; ordinary street clothes that could be worn anywhere don't count as deductables, but uniforms that only have a work purpose do. (Usually uniforms will be provided to employees, while contractors will purchase their own … hence that small distinction.)
Every tax administration has to draw a line somewhere on this, otherwise you'd finish up with every expense, everywhere, being deductable and no-one would have any taxable income at all. Fun far right fantasy, but not very practical.
Although more widely I do agree with you. Australia rather generously allows quite a range of work related expenses to be claimed, that NZ does not.
So every expense a business makes to merely exist is deductible (cleaners, xmas functions, rent for admin space, cars for managers who only work on one worksite), but expenses I have for merely existing aren't.
Flipping it around, if individuals only paid tax on their annual "profit" in the same way businesses do, you can bet the farm that the government would close "tax avoidance" (not "evasion") schemes like "IP fees to global parent corporation based in the Caribbean".
In fact in some ways that's the Mossack Fonseca thing that got closed at the NZ end when they beefed up identification rules.
Flipping it around, if individuals only paid tax on their annual "profit" in the same way businesses do,
By definition profit exists only in the context of a business, and most proprietors would consider it the primary purpose of owning and running a business. And that profit is ultimately distributed to it's owners as a taxable activity.
By contrast what is the purpose of your life? A person earns money in order to spend it, not to have it sit idle in a bank. The idea of profit as the primary purpose of our personal lives is a form of degeneracy.
Or as others have pointed out, taxing the gross income of all businesses would lead to huge distortions as margins across different business sectors vary enormously. Some sectors, like supermarkets would pay massive amounts of tax on their turnover, while others like professional services much lower amounts.
Consider the situation when as a software engineer I work as a contractor, not an employee. I'd have a little company that would have relatively low costs, laptops, travel, a few software licenses, while the huge majority of the revenue would be paid out to me as as drawings. If the company paid tax on it's gross revenue, it would be taxed once as company income, and then almost all of it again as personal income. Effectively double taxing me on the same income.
By contrast, if gross revenue was taxed on a business that bought and sold capital items, for example multi-million dollar industrial equipment, would see the govt would be taking a chunk of every business to business transaction, again leading to massive distortions. A typical manufacturer/wholesaler/retailer chain might see the same item taxed at least three times before it got to the end user.
The tax system we have may be arcane in parts, but it has evolved over many decades to serve us reasonably well. It could certainly stand for improvement, but first we need to understand the machine we propose tinkering with. In my experience through a long career in heavy industry, the first step to make something go better was very rarely to just take a sledge hammer to it.
And nothing above says that the lines are set in concrete. Different tax administrations interpret these matters quite differently. For example in the USA (as far as I'm aware) householders can claim mortgage interest on the family home as a deductable expense.
I quite like this idea, as it would tend to put homeowners and investors on a more even footing.
Tell that to my bank, they may well be requiring me to offer security over my personal assets and income, but if the business didn't exist there would be no loan.
If the business doesn't exist then the issue doesn't exist either. We are talking about a business that exists by dint of some investment, and suggesting that it makes no difference to that business whether the money so invested is borrowed, or whether it comes from the proprietor's own pocket.
The question you need to ask is, what is the purpose of this borrowing expense?
That is the question the Income Tax Act asks. I'm suggesting that this is the wrong question to ask. To me it seems senseless to suggest that the purpose of an expense is "the acquisition of taxable income" unless the expense contributes to that objective. Augmenting one's capital by borrowing puts one in the position of being able to invest – a personal benefit – but it is the investment itself that earns the taxable income.
The purpose of borrowing is the augmentation of capital.
Ta kinda obvious now I see it explained
All profits are taxable except on private homes owned for 5 yrs or more and Rentals of 10years ownership.The highly profitable big 4 Aussie banks pay no tax in NZ none ,under CER they can move profit to Australia which they do.So the Australian govt has been getting subsidized to the tune of $1.5 billion of tax on the $6 to$7billion profits the big 4 have been extracting out of NZ.
That's quite depressing,
Not so fast sunshine…….
https://nzbanks.com/tax-paid
All profits are taxable except on private homes owned for 5 yrs or more and Rentals of 10years ownership.
errm … either that's not quite right or I need a chat with my ex-IRD accountant.
undiluted idiocy
https://twitter.com/markhumphries/status/1325916262673731584
..couldn’t see that coming..
A reporter for the travel site, Gene Sloan, is aboard the SeaDream 1 and was meant to be documenting the new safety measures on the small vessel, which departed from Barbados on Saturday and is carrying 53 passengers and 66 crew.
https://people.com/travel/passenger-aboard-first-cruise-ship-to-return-to-sailing-in-caribbean-tests-positive-for-covid-19/
The Herald specialises in reporting on the various outrages being perpetrated against the entitled Kens and Karens of our world, usually well groomed white middle class professional types with the ear of some reporter or another, who are shocked that they can't game the MIQ system or do as they please due the pandemic's suspension of the normal rules that advantage their wealth, class, privilege and connections.
That people who refuse to deal with the new reality would allow that denial to lead them to take a cruise is hardly surprising, but it is grimly funny.
Lotsa grimly funny going on.
https://twitter.com/TinaSfon/status/1326886611364306945
A subtle signal that he no longer believes in neoliberalism? Oft criticised here due to his corporate image, he has not advocated any economic ideology as far as I've seen.
Labour will no doubt respond with organised hand-wringing. The PM did declare herself unhappy with the market whoosh but carefully avoided any statement of intent to rectify the situation. Grant will be tempted to declare TINA as usual but then think that could be waving the red flag at the leftist bull so better to lay low say nuffin.
Govt actually do something? The notion is likely to ruffle complacent Labour feathers. Meanwhile the prospect of the Greens & Labour doing ritualised virtue-signalling at each other will have rightists salivating.
Puts the pressure on Labour to provide steerage to the economy, eh? To regulate or not to regulate. The threat: escalating media firestorm in direct proportion to emerging housing market stats increasing inequality.
I still believe all the focus on CGT is rather missing the mark however. Plenty of countries which have long standing CGT policies well before 2008 also had (or have) housing bubbles. A CGT policy does not therefore correct the price of housing. The LVR policy seemed to be doing something, however the recent data suggests that an increase in first home buyers was the biggest mover during the most recent period.
Overall I think that the problem is actually a low incomes issue. The policy preference of using monetary policy over fiscal policy has an effect of surpressing incomes and other goods price increases better than house price increases. What used to occur was that the house price increases vanished during 4-6% inflation years which were added to wages. These days that no longer occurs.
agree sanctuary. Sick of 99% of these complaints. The Karen’s and Kens expecting bau.
and blah blah there was a fire alarm and people were mixing with people from managed isolation……
move yourself out of the way then.
[Fixed error in e-mail address]
Sorry mod.
You're in good company with that focus on the question-mark over CGT efficacy. We need the govt to produce a well-designed solution. Sophisticated thinking, crowd-sourced, to give it a viable consensus base for leveraging. Experts who normally fly solo, get em flying in formation…
In the campaign the government did promise some measures to help people into homes: rent-to-own arrangements come to mind, as well as joint ownership arrangements, though I don't know the details of either.
These may help people into houses but won’t stop house prices rising.
Correct me if I am wrong but don’t we already have some form of Capital Gains tax? John key brought it in and labour extended it to five years.
mid so I wonder how much revenue it’s collected.
We do, yes, and it was around before John Key. The problem is that it is, and always has been, nearly impossible to enforce.
There's been one that long predated Key. For as long as I've had any interest in tax in NZ, any asset purchased with an intent to make a capital gain by selling it at some future date should be paying tax on the profit in that sale. Even if it wasn't the primary intent.
Of course, just about everybody that should have paid that tax easily evaded it by the simple expedient of saying the purchase intent was for the income stream and the thought of selling it for a gain in the future was never considered, honest. Even for negatively geared investments, which only make sense if you're expecting a huge capital gain.
FWIW the ASB has slapped a 30% LVR on investment borrowers while the RB drags its feet.
Get the feeling the Greens have signed up to being part of a govt thats going to see inequality and poverty explode with no real power to do anything about it.
Urgent action is going to be needed to get a lid on house prices and leveraging and sadly I dont think Labour is interested in taking on that fight given the landord property owning class will fight tooth and nail.
Watch the waiting list for state housing continue to grow rapidly, rents to march upward leading to a big rise in accomodation suplements which in reality represent a massive wealth transfer to the landlord class from tax payers.
I guess though when you are a wealthy politician with a nice house or houses gaining in value far faster than the avg wage with no tax to pay is there really an incentive to make change….
Much easier to hand wring and say the right things…
God I can't stand the Greens sanctimony sometimes.
The Greens wouldn't shut the fuck up about taxes during the election campaign when National were strenuously trying to pin a tax scare moral panic on the government and their political idiocy on the matter of wealth/CGT taxes virtually forced Jacinda Ardern to stake her political reputation on NOT implementing any sort of tax.
Now the sanctimonious pricks are all "wah wah wah the government won't do anything about wealth taxes" – something they made impossible by shooting their mouths off about it before the election.
All they had to do was to exercise some message discipline before the election and then brought it up after the election for discussion. The Greens continually portray themselves as political ingenues, unable to see past their own self-righteousness.
+1
edit: also, the government could simply close some loopholes (some – i feel generous today so not all) and collect a bit of revenue that way. You know all the money that the rich pricks (inclusive the critters in parliament) avoid paying in taxes with the steady aid of government created loopholes and good accountants. I wonder when James Shaw will advocate for that?
https://www.greens.org.nz/economic_policy
i asked about 'closing loopholres'.
Not a statement on taxes.
Also if should, would could we all be speculating and gambling.
So when Shaw advocates for 'closing current existing loopholes' that are 'currently' used to avoid paying taxes (something that will raise its head in news papers every other year – and i have linked to these articles on more then one occasion ) so that people who don’t pay taxes thanks to all the loopholes such as Gareth Morgan – who btw is also quite vocal about the fact tha the and his son don't pay taxes you can link to that. But you don’t? And that is telling, cause Shaw is not doing such a thing.
But to post this truly useless feel good statement currently is just i don't know, boring? Useless? Meaningless? Feel good for the faithful members which i am not?
And agian,
Would, could, should never paid taxes, Workers however who have their wages “docked or garnished” by the IRD DO pay taxes because its done before they ever lay hand on their money.
It was green party policy for the election…I seem to remember it was the media that focussed on that…sensing some conflict…but the greens forced ardern to do her (shooting her own foot) over-my-dead-body call..eh..?…heh..!…that's a bit of a stretch tiger…blaming the greens for arderns' totally unnecessary wrong-call…and of course a capital gains/wealth tax goes against the neoliberal polices ardern/robertson so cling to ..so tiger…what should be done..?..just more neoliberal incrementalism..?
What should be done? enforce that the current taxes that are levied are actually collected rather tehn written of thanks to generous loop holes provided by government.
How about that? or would that not sexy enough, not progressive enough, not grandstanding enough, and above all do-able. We don't need new taxes, we need the ones that we have collected from those that traditionally pay expensive accountants a huge amount to avoid paying any taxes over 70.000$ NZD per year. And that is costing us and has done so for years now.
So yeah, what ever.
Don’t let facts get in the way of you scapegoating the Greens for Labour’s actions.
https://www.stuff.co.nz/business/112099876/live-capital-gains-tax-ruled-out-by-government-prime-minister-jacinda-ardern-tax-working-group
That's exactly what I – and many others – were thinking pre-election.
I voted for them too because they have a valuable contribution to make, but there are times when I wish they would exercise a little more political nous.
So they should have kept the policy secret…and then sprung it after the election..?..yeah..that would have gone down well..eh..?
Read the quote I included! "Discussions" happen all the time among allied political parties… thrash it out behind closed doors and hopefully come to an agreed solution. And read what Sanctuary said @ 5.
Frightening the horses just before an election is downright stupid.
James Shaw is right. But you have to wait for the ignorant and gullible (half the voters at any one time) to catch up before you can progress a policy like CGT.
I would prefer an openess about policies….so does the nz electorate..you could argue the presentation/explanation should be clear as possible..so voters are not driven by uninformed ignorance..but blaming the greens for the timidity of our incrementalist-in-chief is a tad rich..
Look back three weeks and I bet no one can now remember a single policy this election was fought over (which should give us some pause for the substance of the entire process).
Even Ardern recognised that their manifesto cupboard was bare.
So that's what they're delivering.
that is true that nothing much was fought over, considering that every one was afraid of the women and that party that would not even be elected dog catcher. Thus the Labour Party got no scrutiny from anyone, and anyone daring to against the grain was hounded of the page in one way or another.
Ardern and her crew will deliver nothing more then what they must. They did that the first round and they will do exactly the same on the second round. Willingly lame duck if you like. Kinder, gentler and lame as.
Just bring stamp duty back that Key removed. Simple to work out, collected at sale, not complicated at all. Make it 5% at least and if you really want to slow things down 10% or higher.
Its called polarisation , its how the greens campaign, its destructive, sad, and stops good stuff from happening.
Edit… response to #5 this tablet wont “reply” for some reason
Polarisation or principles xanthe?
Maybe the Greens actually want to do something about poverty by reversing the massive redistribution of asset wealth to the top 5% that has taken place in the last 40 years.
polarization! Its a campaign strategy, nothing to do with principles.
It is also unethical and destructive.
One of the major (justified) complaints against the greens over the years has been their timidity…their trying to be all things to all people…and trying not to offend anyone…… Your claim they have a policy of polarisation is laugh-out-loud factually incorrect…
LOL
As just one example..they have policies of financial support for farmers to transition from the environment-visigoths that so many of them are ..how is that polarising..?….care to share a couple of examples of what you clearly see as polarising policies..?
Ahh the old switcheroo tactic. I believe I was discussing the manner of the Greens campaigning
Examples..?
Orchardists/Vineyards still dont get it…(well, its in their DNA, so never)
'Mr Tibble said the industry was the primary leader in finding workers and developing a future sustainable workforce'
https://www.odt.co.nz/rural-life/horticulture/ministry-responds-labour-shortages
$3.8 Billion Exports…and $18.90 pay offered
https://www.tvnz.co.nz/one-news/new-zealand/kiwi-fruit-pickers-have-simple-message-growers-cry-labour-pay-us-more
Isn't there a law against with-holding mail from rightful recipients.
Would it help the housing market if a person could only borrow again once the loan for a home had been paid in full?
I think the Greens will be taking the opportunity to show their supporters that they are not silenced by their agreement with Labour by shouting about CGT would do much at this stage.
This surely must be a bubble.
I wondered if another substantial rent freeze could help, banning ghost houses, banning investors from the market.????
I am no expert, but surely more can be done?
Rent Freeze and a tax on any secondary house that is rentable and not rented. Yes. That would be a good start. But above all a Rent Freeze. People on no income, one income or the drags of benefits can not keep up, and feel good phrases with no support pay no bills.
I think the government need to make sure that there will be enough ministers around over the holidays and top health staff to manage whatever Covid will present. I cannot see a duty minister being adequate.
2pm on TV 1 today the latest on Covid.
There are things called video conferences and phones and all sorts. Should we have all Ministers sitting in Wellington 'just in case'?
I think Treetop’s comment was quite clear, read it again.
Since we’re still in the middle of a pandemic crisis I think that Ministers and Ministries’ top officials/managers who are involved in it need to be on deck most of the time. Leadership and crisis management cannot be done by Zoom and e-mail only, IMHO.
They got a mandate to lead.
The Royal Family stayed on in England while the country was being bombed in WW2, actually at Buckingham Palace. In our trying times we expect the government to show an adequate interest in the country and a team should be on the job in Wellington.
As the majority of bombing raids weren't carried out in daylight, especially after October 1940 when air superiority had been won by the RAF, spending nights in the country 'visiting the kids' isn't as laudable as you might think it was.
Nitpicky comment the alien
If I said I swam in the same pool as a great white shark, but it turns out only when the elasmobranch predator wasn't in it, it doesn't really carry nearly as much weight as a statement of courage.
Nothing nitpicky about debunking alleged bravery.
Heh..!..debunking vintage monarchist-spin..(it's a thing..)
Britches up, dude, your little revenge bitterness is showing 😆
I emphasize the word enough as there is usually only a duty minister.
And
When a minister is on leave and they are required can they decline a video conference or a phone call?
I doubt that ministers will be holidaying overseas, however they may be required if Covid gets out of control.
https://www.rnz.co.nz/news/national/430515/sealord-faces-criticism-over-hiring-process-for-staff-on-trawlers
One of the conditions it needed to fulfil before it was allowed to take on foreign crews, was advertising the positions here and showing that no New Zealanders were available to do these jobs.
An ad in October told prospective employees on the two Russian trawlers, they would be doing "the same repetitive task" the "entire time" they were out at sea.
They would need to be able to cope with the "continuous workload" that happened from the minute they left port to when they returned, and repeated the fact they would be at sea for six months, with no mention of any time off.
That reminds me of the sudden interest that the USA I think, took in the health and strength of its young male population when they called men up to go to war. So many were unfit, to go and fight (for freedom, and capitalism!).
If our government had any brains it would advertise for young men who would join a group which might be called Backbone of New Zealand or some other meaningful and rousing title; does BONZ mean anything rude in current slang? They would be in a state of readiness for a job, would be paid well and expected to go to gym regularly, take polytech courses in down time, and generally be ready for what came up. They wouldn't be on the streets getting into trouble otherwise they would be bounced off the BONZ team. It wouldn't be something that a determined bloke or blokess would do. They would be ensured of a good wage, free transport, etc. and have an advocate looking after them making sure that they weren't being fleeced, and also the reverse. They would form teams of choice who got on well and were on a league-table as to their reliability, standards etc. Some of the teams might be hapu based. So all the cuzzies could work together and keep an eye on each other so as to not go down in their ratings. Less fodder for the gangs and more proud young men aware of their own value and setting standards for themselves – less domestic violence.
Then Sealord or other wants good workers, the answer would be we have a team ready to go.
Why not? Has anyone up there got the gumption to set this up? Someone with some pull and vision and practicality. It could even be run by a clued-up tribe like Ngai Tahu appears to be. And it would be multi-racial, with any jibes beyond some normal jostling being firmly dealt with, probably with out. And no possibility of someone getting paid millions for voicing their own prejudices – no folly like that!
Oh what a great thing it could be. I wish. A combination of social investment from the government in paying the guys and girls when not working without the creepiness so often seen of stand-downs, claw-backs, and managed as a robust nation-wide body of skilled, intelligent, onto-it people with tech ability but specialising in the hands-on jobs that we humans need to do to keep our society going. Not giving it up to them, the tech wizards who get fat bums from sitting, or who stand up and work because their thoughts of their own health and safety rules their lives.
More physical work may save our society. Less energy poured into mountain biking and other land ruining activities, or running marathons. Why? Go and have working holidays helping in poor countries where activity has a point of real value. Or help clean up after the latest weather emergency in NZ and see goodwill and trees blossom from your effort!
Your solution, and many others, could have worked, but for two things.
The fishing companies don't want it to work.
And the government is too lazy and too spineless to require them to obey the law.
They are totally onboard with foreign slave crews and every other scam to screw NZ workers. Complain and they will turn around and cry racism. That trick has stopped working for them however, so they're back to pretending it isn't happening.
No emperor's clothes. They can't still rely on that legerdemain, now are they really that shameless? It must be time at last for honesty – to quote the bible verity –
What a great 'development' for Fiji.
A proposed development project featuring what could be the country's first casino, has been launched in Fiji.
https://www.rnz.co.nz/international/pacific-news/430527/multi-million-dollar-development-including-casino-set-for-fiji
https://www.rnz.co.nz/news/national/430499/new-climate-report-with-concerning-findings-already-being-challenged-by-scientists
The study's authors, Jorgen Randers and Ulrich Goluke of the Norwegian Business School in Oslo, used a reduced complexity earth system model (ESCIMO) to study the effect of different greenhouse gas emission reductions on changes in the global climate from 1850 to 2500 and created projections of global temperature and sea level rises.
"The purpose of this article is to report that we have identified a point-of-no-return in our climate model ESCIMO – and that it is already behind us," the authors said…
But prominent scientists from around the world, including Victoria University of Wellington's head of school of geography, environment and earth sciences, professor James Renwick, have already challenged the report's conclusions…
Renwick said the results presented in the paper were interesting but at odds with the science community's understanding of how the climate was changing.
"The latest round of climate model simulations, run in support of the 6th Assessment Report of the Intergovernmental Panel on Climate Change, show that if greenhouse gas emissions were to stop immediately, there is likely to be very little further increase in temperatures and no sign of warming resuming in future," [Professor James] Renwick – who was a lead author for the IPCC 6th Assessment Report – said…
"If greenhouse gas emissions are reduced in line with the Paris Agreement, the climate would stabilise over the coming century. Some things, notably sea level rise and ice melt, would continue for longer, but at a reducing rate."
Although the title of the paper implied a full "earth system model" was used, the paper was actually based on a "low complexity model" that captured only the broadest features of the climate system, Renwick said.
This kind of bad science really annoys me and does a lot of harm. The fact it came from a business school should raise alarm bells anyway. This is the main takeaway from James Renwick. "In short, the results presented in this paper are very implausible and should not be seen as cause for alarm."
Yes confusing and not everyone would think about the likely mixed motives of a business school. Which in a matter as vital to us as this, shows a non existent set of values, or a keen desire to win brownie points that has cut across discretion and probity.
Australian SaS….atrocities in Afghanistan.
'A four-year-long investigation into "extremely serious" actions by Australian troops in Afghanistan is reported to recommend prosecutions or sanctions against more than 15 people.'
https://www.rnz.co.nz/news/world/430073/deeply-troubling-afghanistan-war-crimes-report-given-to-australia-s-defence-chief
Wonder if it was some of the fuckers here?. Flyin' the swastika
https://www.abc.net.au/news/2018-06-14/photo-shows-nazi-flag-flown-over-australian-army-vehicle/9859618
Shits……….
I'm looking forward to the Auckland Council meeting in which they discuss why their debt has been placed waaay over the current rate, sucking an estimated $1.4b of expenditure out of Council.
https://www.nzherald.co.nz/business/auckland-council-loses-14-billion-in-interest-rate-bet/EJ4XGSXMJDVUYLGMRPIYBTINKE/
I suspect the government is simply going to have to bail them out.