"President Biden pledged during the election campaign: "I guarantee you we’re going to end fossil fuels."
The same President Biden today has – much to the angst of conservationists – authorized a giant ConocoPhillips oil project in northwest Alaska.
The authorization represents one of the most significant climate decisions yet for Biden
Christy Goldfuss, a former Obama White House official who now is a policy chief at the Natural Resources Defense Council, said she was “deeply disappointed'' at Biden's decision to approve Willow, which NRDC estimates would generate planet-warming greenhouse gas emissions equivalent to more than 1 million homes.
Willow is projected to output 180,000 barrels of oil per day, or around 1.5 percent of total American oil production.
Over its 30-year lifespan, Willow is expected to produce over 600 million barrels of oil while contributing up to $17 billion in revenues for state and federal governments as well as local communities."
Here is a great video that explains very simply how the banking fractional reserve system works and how a run on a bank is almost certain to sink it. In relation to the bank that went down in the US the other day.
This guy manages finance portfolios and also is ex army so comments on the Ukraine situation. But what he says here about banking is really good.
Probably explains in part why banks need large profits. Because, they are doing that through really high leverage which is incredibly risky if it goes wrong.
BTW, you can make depositors whole while still prosecuting any fraud and replacing the management involved. Unless its the bank (as in the business entity) rather than the bank management causing the problems this seems appropriate.
In the 1930s FDR sought solutions, to the bank run problem, from the economics profession. Chicago University offered the 'chicago plan' which would have entailed imposing a 100% reserve ratio on banks. The problem with this would have been that all monetary expansion would have to have come from government. This would have been difficult to manage unless all banks became government owned 'public utilities'. I suppose this would have been unacceptable in a 'free enterprise' economy like America's, albeit that it seems to work very well in China, where their banking system is owned by government.
Deposit insurance and full reserve protocols are the same. Either the state guarantees that you will be able to withdraw the insured sum, or that that sum is $ for $ held by the bank at all times. Its the same in either case.
The actual important parts of the Chicago plan for preventing bank collapses were implemented, including the Glass Stegall act which at the time separated retail and commercial lending and meant deposits were not put at risk by backing highly leveraged lending. That worked for a long time, but US banking practice has since moved on in ways where these became combined again.
The problem is that the bank is not solvent any more and will not repay all its liabilities (including deposits) without a bailout. Likely that's because there was a bunch of fraudulent lending occurred by the bank. Putting that all down to a run on deposits, a very natural reaction when people discover their deposits were loaned out fraudulently, is a bit simplistic.
Your absolutely right there, they are the same up to the insured limit.
Since they are the same, they encourage reckless lending to the same degree. But the actual thing which discourages reckless lending is the effective regulation.
SVB shareholders were wiped out BTW, while depositors are being largely made whole. What happens to the bank executives will depend on any prosecutions which occur of anything they did wrong.
Yes, it says $250K which is low if its a business account, but watch what actually happens. There are apparently payroll firms within the accounts and they won't be left short to pay people.
If you think about it, the banking system is legalised fraud. In fact, it started out as fraud in the days of gold merchants who stored gold for clients. They would write a certificate for the clients stating that they were holding x amount of gold for them which the clients could then use as collateral.
The gold merchants worked out that they could lend out the gold, and effectively write out fraudulent certificates. So long as all of the clients didn't ask for their money back at once they were ok.
Since at least Roman lending practices its always been the case that deposits are repaid in kind. You get back the same amount but not the same deposits made and this has always been a part of a legal definition for how deposits work.
The government had scrambled to try and sell Silicon Valley Bank to a private company and finding a purchaser is still a possibility. But a Treasury official said Sunday that regulators ultimately decided to move forward with the plan to make depositors whole, in part because it was proving to be challenging for a potential buyer to vet the bank’s books by Monday.
The Treasury official emphasized that the actions should not be considered to be a “bailout,” because the company’s shareholders and those who own its debt would be wiped out.
A trust owned by Silicon Valley Bank Chief Executive Officer Greg Becker sold $3.6 million worth of shares in his bank last week, days before the bank disclosed a $1.8 billion loss that triggered a fatal run on the bank, according to company filings.
On Feb. 27, the trust sold $3.6 million worth of shares while acquiring options worth $1.3 million. The trades were scheduled on Jan. 26 through an SEC rule that allows insiders to schedule sales ahead of time to allay suspicions of trading on insider information.
Right wing venture capitalist Peter Theil involved in SVB collapse…
“What finally doomed SVB was that the resulting losses prompted a panic among depositors. This was in no small part thanks to far-right billionaire Peter Thiel’s VC firm Founders Fund, which, after finding out its investors were having trouble transferring money to its SVB accounts, ordered them to send them to other banks and had withdrawn all of its cash by the time the bank started melting down late last week. ”
In the case of SVB, regulators allowed it to make risky bets with its deposits (while the bank’s executives insisted that the bets weren’t risky). More generally, SVB and other banks are often not required to maintain enough of a financial cushion to withstand a crisis. Financial cushions — effectively, cash or other forms of insurance — tend to reduce banks’ profits, which is why bankers resist them. But without a healthy cushion, a bank can collapse during a crisis, and taxpayers must sometimes bail it out. When that happens, the bankers and their investors often emerged unscathed.
Once SVB began to falter, financial industry executives and investors again began clamoring for government help. In the short term, the government may indeed need to step in to avoid a spreading crisis. But the less immediate questions may be uncomfortable for the bankers: How can the people who caused this crisis bear financial responsibility for it? And how can the U.S. economy end this cycle of booms that benefit banks and busts that hurt everyone else?
Silicon Valley Bank on Friday paid out annual bonuses to eligible U.S. employees, just hours before the bank was seized by the U.S. government, Axios has learned from multiple sources.
A cost of living increase in superannuitants' income is seen by those voters as 'business as usual' for a government. They certainly won't be expecting a regime change to result in sinking-lid pensions. So don't count that as pork-barrelling. However, they may be in for a nasty surprise. Means-testing, anyone?
A cost of living increase in superannuitants' income is seen by those voters as 'business as usual' for a government.
Also raises in benefits. Please don't let this be an election policy or touted as something special that this Govt has done, because it is not. To continue with fair policies developed over many years should not be thrown into the pot. By all means have in house policy reviews to improve these as all effeicient bodies should do.
If we do want to look at benefits etc why not have a look at the WEAG report and move on with innovative ideas that we are not doing now.
The Nats etc will have all sorts of ideas such as raising the age & means testing. Let us look at these and fight them for what they are.
Not every single thing that this Govt has done, including the BAU ones should be lauded. Otherwise we will find ourselves fighting things on efficiency grounds rather than true policy grounds.
So called 'Efficiency' arguments always plays into the Nats hands. A better idea is to ensure that the business of govt is well funded, departments are well staffed and impediments to BAU are stripped away.
From years in the PS I can hand on heart say that the biggest impediment to efficient delivery of both policy and BAU is any sort of wholesale restructuring, realignment, right sizing or any other weasel or waffle words you want to call it.
My thoughts are that the restruscturings of the late 1980s/1990s put a blight on service delivery by Govt that lasted into the 2000s and may still be felt in some Govt Depts. Productivity was slashed as people fought for their jobs, depts had to retool in policy brains etc.
Its been quoted here before, but bears repeating: restructuring as a solution is as old as government, and solves very little!
“We trained hard—but it seemed that every time we were beginning to form up into teams we were reorganized. I was to learn later in life that we tend to meet any new situation by reorganising, and what a wonderful method it can be for creating the illusion of progress while actually producing confusion, inefficiency, and demoralisation.”
Section 16 says min of 66% national average wage (NAW)
As the 66% generally holds the actual increase in Super is the NAW increase. But this year CPI was higher so the % of NAW will be above 66% and so no top up above CPI.
It doesn't seem like any politicians know how it works (worrying) as it's being sold as a extra benefit to pensioners (nope, just what they're entitled to, nothing more) by the Govt and the opposition hasn't pointed it out.
Yes agree with this….continuing with BAU is an expectation not something new. To claim it as 'rah, rah something we have done as a Govt' is spurious and hopefully it is not being done. They should claim for additions/improvements to the lot of everyone or particular people but not for standing still or for meeting legal entitlements. COL increases are not an extra entitlement.
It doesn't seem like any politicians know how it works (worrying) as it's being sold as a extra benefit to pensioners (nope, just what they're entitled to, nothing more) by the Govt and the opposition hasn't pointed it out.
I don't see it as pork barreling, I see it as good ideas, means testing is ridiculously expensive and complicated and the people you're targeting most will dodge it anyway,
Pension means testing works for Oz. And UK. You need to declare income regularly, ie, a pension is not a basic entitlement, but something you continually reapply for. And if your assets are too much, you fund your own retirement.
Some people will find any excuse to do the barest minimum possible.
I suggested if the government removed GST from food to help address the cost of living crisis and replaced it with an FTT and windfall tax, and could win the election in a landslide.
"Government just raised super and the benifits, got rid of mostly stupid policies, they gonna win any way"bwaghorn
If Labour can just scrape in, why should they do more?
Maybe, because it's the right thing to do?
Labour could form a government with the support of the Greens and Te Pāti Māori, according to the latest 1News Kantar Public Poll.
But the two main parties are still neck and neck, with just two points separating National and Labour.
please forget about taking gst off food. its a logistical nightmare for small businesses to piss around and run two different sets of accounts. they do this in aus and its a real pain in the arse. cooked chicken= gst, raw chicken = no gst etc,etc. just forget it. the one good thing about our gst, sales tax ,vat is that it applies at the same rate to all goods and services. before the pedants get here, Im aware that there are exceptions. but it is still the easiest system for a small business to work.
"…its a logistical nightmare for small businesses to piss around and run two different sets of accounts. they do this in aus and its a real pain in the arse. cooked chicken= gst, raw chicken = no gst etc,etc. just forget it."woodart
I didn't say take GST off some food. Taking GST off some food would definitely act to make it complicated. That would be stupid.
There have been many specious excuses made why this shouldn't be done, this is just one of them.
I have been reliably informed by an accountant that making all food GST free is a simple one off change to accounting software. That's it, simple.
The specious complexity argument is demonstrated in an opinion piece by Stephen Hickson of The Conversation who writes 'Some bad ideas never go away'
(I might add, no matter how much some people wish it would)
….It's an idea that voters like. A recent poll suggests 76 percent of New Zealanders support removing GST from food. But regardless of the support, removing GST on food always was, and still is, a bad idea….
…..As inflation increases to levels not seen for 30 years, the main reason given now is to ease the cost of living stress on those struggling to keep up….
…..Removing GST on food, or some types of food – for example, "healthy food" – makes that system more complex and costly.
There are a number of potential complications.
Let's start with the obvious – what would count as "food"? Is milk powder food? Probably yes, so what about milk? Or flavoured milk? Oranges are food, so what about 100 percent natural orange juice? A broad definition of "food" would include lollies, potato chips, McDonalds and KFC, but many would object to removing GST from these on health grounds….
….n Australia, the question of whether an "oven baked Italian flat bread" is a bread (so not subject to GST) or a cracker (subject to GST) went to court, and involved flying a bread certification expert from Italy to testify….
….In Ireland, the court was required to rule on whether Subway was serving "bread" or "confectionery or fancy baked goods" due to the difference in GST treatment.
In the UK, guidance on how GST on food is applied runs to 40 pages with 130 example categories; in Australia, an 87-page document covers some 1500 food types…
….The 2018 Tax Working Group (TWG) didn't support removing GST on food. It emphasised how such exemptions lead to "complex and often arbitrary boundaries", particularly when trying to target specific types of food such as "healthy food".
They also stated that such exemptions are a "poorly targeted instrument for achieving distributional aims".
This is important given the current push to help New Zealanders, particularly those on low incomes, with the cost of living.
All this specious argument really boils down to, is that we shouldn't go down the complex, some foods and not other foods, exemption route. GST off food no exceptions! We don't need experts and courts to tell us what food is, we all know what food is.
GST is a regressive flat tax, that neoliberals love because it targets those whose incomes go mostly on paying for their cost of living, whereas wealthy people with excess income above their cost of living, can invest and bank a lot of that income, these investments and returns do not attract GST. GST allows the rich to keep a lot more of their excess wealth. Neoliberal philosophy is based on the idea that if rich people become richer, society becomes richer. It was no coincidence that after GST was introduced by the notoriously neoliberal fourth Labour Government that it was quickly followed by income tax cuts on the highest earners.
Labour's commitment to the 'Purity' of GST is symptomatic of Labour's continuing commitment to neoliberalism.
. none of that screed changes the fact that having two different tax rates makes more work. yr accountant friend doesnt do the donkey work at the coal face of small business. when youve got to be an expert on ALL aspects of business, not just the books, any extra complication is not welcome.Im NOT a fan of gst, having experienced it as a business owner, and customer, but if we have it, lets not complicate it further.
Labour's commitment to the 'Purity' of GST is symptomatic of Labour's continuing commitment to neoliberalism.
Labour's commitment to the 'purity of GST' is a symptom of their commitment to common sense. Adjustment of income tax rates would be a better means of redistribution.
If we wished to monkey around with GST, we would want to distinguish between healthy foods and unhealthy foods, and maintain GST on the latter. This would cause enormous complications.
"If we wished to monkey around with GST, we would want to distinguish between healthy foods and unhealthy foods, and maintain GST on the latter. This would cause enormous complications." mikesh
Which makes me wonder why would countries like Australia, And Britain and Ireland follow such a stupid practice?
My view is that the partial removal of GST from food was probably the result of a last ditch effort by neoliberal lobbyists to try and keep GST on as many food items as possible, no matter how impossibly complex it makes the GST system..
Of course the partial removal of GST off food would create 'enormous complications'. Which is probably what the neoliberals wanted.
Neoliberalism is a faith based science. Challenge the faith, and the neoliberals will fight you all the way to keep as many food items as possible inside the GST regime and things will deliberately be made to be very complicated as a result.
"Labour's commitment to the 'purity of GST' is a symptom of their commitment to common sense." mikesh
There is no alternative.
Tina, There Is No Alternative was coined by Roger Douglas the founder of the far right Backbone Club lobby group inside the 4th Labour government caucus that tried to get that government to enact even more extreme right wing measures, including the privatisation of the public health system, as set out in the infamous Gibbs Report on Health.
David Lange's call for a 'Cup Of Tea' breather to halt this proposed neoliberal dismantling of the Social Welfare health system caused a split inside the Labour caucus between the Backbone Club and the supporters of Lange. This split led to the breakaway formation of the far right Act party.
Of course there was an alternative – tax the rich more. Douglas a millionaire himself wouldn't have a bar of it, but not only out of self interest, but because it went against his belief in his theory of 'Trickle Down'.
Trickle Down being a neoliberal concept that making the rich richer makes society richer.
The following is a slobbering corporate hym in praise of GST.
GST, making New Zealand a low income tax paradise for millionaires. by PwC Partner Eugen Trombitas.
Celebrating 30 years of GST – New Zealand’s best export
Eugen Trombitas
Partner at PwC
August 18 2016
….the most significant tax reform in New Zealand throughout the entire 20th century. It’s also one of our best exports to the world – along with the All Blacks….
….The speed of execution of the GST policy, after the July 1984 snap election, was remarkable. It took everyone by surprise and involved a lot of political courage, as well as fine minds to execute the plan….
…..Our effective GST helps keep our personal income tax rates lower across the board than comparable OECD countries.nnual GST take is more than $17 billion and contributes about 30% to overall tax revenue….
No it isn't. TINA is a Thatcher catchcry erroneously attributed to Roger Douglas because people felt there was a similarity in the pair's respective outlooks.
All this specious argument really boils down to, is that we shouldn't go down the complex, some foods and not other foods, exemption route. GST off food no exceptions!
That sort of argument would be valid for abolishing GST altogether, an option I would support since GST seems to have no useful purpose. I think it was introduced originally as a tax which could not be legally dodged for tax avoidance purposes. However it's questionable whether this is a justification for it given its regressiveness.
However if we are going to have a GST anyway I don't think there is any reason why food should be excluded. The poor can be helped, through the tax system, in other ways.
PS: I thought that GST was not payable on second hand goods. However, when I bought my most recent car, which was second hand, the dealer charged GST. I assume this is normal, but it does seem to be an anomaly. The rationale for exempting second hand goods would be that GST would have been paid on the the item when it was first purchased new. In other words GST can be paid many times on the same vehicle if it changes hands many times through a dealer.
"Labour's commitment to the 'purity of GST' is a symptom of their commitment to common sense." mikesh
Mikesh, you oppose GST being taken off food because it would destroy the 'purity' of GST. But you support it being taken off second hand goods?
Am I right in presuming that the reason second hand goods are exempt from GST is because poorer people who tend to spend proportionately more on buying second hand goods more than rich folk?
Why can't the same 'commitment to common sense' be applied to food?
Afterall poorer people pay proportionately more of their income on food than rich people do.
Following unprecedented solidarity action by fellow presenters and public pressure.
In a massive victory for free speech Gary Lineka returned to Match of the Day,
Gary Lineker is BACK! Match of the Day host to return following backlash with BBC set to allow him to tweet without restrictions
Chris Burton
|13 Mar 2023
WHAT HAPPENED? The former England international found himself caught up in a social media storm after comparing language used in the British government’s asylum policy to that which could be found in 1930s Germany. He was ordered by the BBC to apologise for his actions, and was stood down from presenting duties after refusing to do so. A show of unity from Lineker’s fellow presenters delivered an unprecedented wave of walkouts and there was no commentary or punditry on offer across the BBC’s weekend football coverage.
Indeed. When it comes to free speech the world has a long way to go.
A Russian sports presenter who tweeted нет войне would be imprisoned. (and sacked)
A sign or tweet with “нет войне” can earn up to 15yrs in prison. And over 14,000 Russians have been arrested for saying exactly that.
Yes they (Labour Govt) are all over the place with what these Govt appointees to boards etc are expected to do, able to do. It is perhaps lucky that the Nats are similarly bewildered.
They have allowed a level of imprecision in language to explain what is usually a very careful and distinct category of people/what they do/how they are described/how they are 'governed'
People like Rob Campbell, Steve Maharey and Ruth Dyson in their roles as Govt appointees on Boards are not Public Servants…….aaaaaaaaaagh tears hair out including eyebrows!
Do we really have to accept this dumbing down in case it frightens the horses or something or is it just slap dash, we can't be bothered educating people…move on to the next lot of Govt business that we can deliver something slap dash on.
I asked before if Hipkins has employed some of the lesser lights such as Luxon did with the 'Hawaii is really Te Puke' snafu.
Very disappointed as it has not put to bed anything, public servants, the real ones are now being lumped into some category of not being impartial in the delivery of Govts policies by News media.
The Westminister tradition is that public servants are voiceless and defended, if need be, by their Ministers or the Govt.
It speaks for itself, oh! does it run counter to the narrative you like to share on here? Zelensky is admitting to Nazis being in charge and American mercenaries in Ukraine in 2014, an inconvenient truth. Is that explanation enough?
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If you make up stuff about the contents and/or meaning of material, it is highly likely that you will be considered a troll with an agenda.
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If you want to keep your commenting privileges here this Election Year, you need to lift your game. This is your only warning – Incognito]
Well I'm sure it's great for Adelaide ship-building teams, but no I'm not particularly impressed by nuclear-armed submarines in the South Pacific, whether they are run by Australia or not.
Our nations have made clear commitments to meet these objectives, including that:
As a non-nuclear-weapon state, Australia does not – and will not – seek to acquire nuclear weapons;
Australia will not enrich uranium or reprocess spent fuel as part of this program;
Australia will not produce its own nuclear fuel for its SSNs;
Though the rotational force may be problematic:
Submarine Rotational Forces. As early as 2027, the United Kingdom and the United States plan to establish a rotational presence of one UK Astute class submarine and up to four U.S. Virginia class submarines at HMAS Stirling near Perth, Western Australia.
Guess we will just have to look for Aussie flags flying from the periscope?
The point is to extend the range of their subs – now basically a coast guard, to take out any foreign military ships trying to land.
Nuclear powered ones can be at sea for longer (thus more at the same time), and thus participate in any engagement further afield.
There purpose is the containment of Chinese military/navy (to the sea off China-Taiwan) kept away from ASEAN and Japan/South Korea (protect other trade routes if there are sanctions on China).
The need for them diminishes (rather than ends) if there is a deal over the future of Taiwan (say formally recognised as part of China from 2049, and only before then if Taipei and Beijing agree to terms over autonomy).
The P8's & the Frigates is always has been Trade Protection which is a wee bit hard to train for in Peacetime as Shipping Companies, Unions & Freight Forwarding services etc don't like getting bossed by the military to do Convoy (Trade Protection) Exercises.
So they practise their respective skill sets within various Allied Surface Battle, Escort & Support Groups.
P8's might get a tad more busy as the various Subs run along in the kermadec trench, which btw is being mapped by the Chinese courtesy of Joint NZ MFAT Funding arrangement!
Going to be some need to review what kind of Navy that NZ wants in future, considering that NZ's economy is an export led & is heavily dependent on have freedom of navigation IRT the various Sea Lanes of Communications to those Export Countries & same same in reverse for all those imports the NZ relies on to keep the economy ticking.
Some very hard questions need to be asked now! At political, defence, economic, trade & foreign affairs level at where NZ goes now?
Or else NZ will get sucked into to this shit sandwich weather it wants too or not & I doubt many here would have the guts or prepared to sacrifice something for Armed Neutrality which "might" avoid NZ from sucked into this vortex of this impending shit sandwich heading this way?
Is it the Australian government and armed forces intention to respect New Zealand laws?
Is it the Australian government and armed forces intention to keep Australian nuclear powered vessels out of New Zealand administered waters?
Will the Australian government and armed forces publicly agree to keep all non-New Zealand devices and installations, as defined in the relevant New Zealand legislation, out of New Zealand.
Will the Australian government publicly agree not to disregard New Zealand's Nuclear Free laws?
In line with a lawful request of the New Zealand authorities, if specifically asked, whether or not the Australian government and armed forces are operating any nuclear vessel in New Zealand waters, will the Australian authorities agree to provide the New Zealand authorities an answer?
In line with the neither confirm nor deny nuclear policy of both your US and UK AUKUS partners – if specifically asked, will you neither confirm nor deny if you operating any nuclear vessels in New Zealand waters?
Continental Shelf Act 1964
…..every act or omission which takes place on or under or above or about any installation or device (whether permanent or temporary) constructed, erected, placed, or used in, on, or above the continental shelf in connection with the exploration of the continental shelf or the exploitation of its natural resources shall be deemed to take place in New Zealand; and
(b)
every such installation or device shall be deemed to be situated in New Zealand….
(c)
every court in New Zealand which would have jurisdiction (whether civil or criminal) in respect of that act or omission if it had taken place in New Zealand shall have jurisdiction accordingly; and
(d)
every power of arrest or of entry or search or seizure or other power that could be exercised under any enactment (whether passed before or after the passing of this Act) or under any rule of law in respect of any such act or omission or suspected act or omission if it had taken place or was suspected to have taken place in New Zealand may be exercised on or in respect of any such installation or device as if the installation or device were in New Zealand; and
(e)
without limiting the provisions of the Customs Acts (as defined in the Customs Act 1966), every installation or device, and any materials or parts used in the construction of an installation or device, which are brought into the waters above the continental shelf from parts beyond the seas shall be deemed to have been imported into New Zealand…..
A real chewy and entertaining discussion between Katherin Ryan and Patrick Smellie, starting at 12 min. It's on the gap between recent aspirational government planning documents and the reality of implementation. Katherine mentions wider comments as a mix of critique, with a kind of regret for the old Public Service.
Morning Report often brings analytical depth that is missing conspicuously elsewhere. It's due 90% to Ryan's energetic curiosity, without the barbs of Kim Hill, but certainly with a bigger breadth of topic. Her poor brain at night, when does it rest? Whereas one can imagine Kim easily switching off with a stiff G&T.
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Lindsay Mitchell writes – One of reasons Oranga Tamariki exists is to prevent child neglect. But could the organisation itself be guilty of the same?Oranga Tamariki’s statistics show a decrease in the number and age of children in care. “There are less children ...
David Farrar writes: Graeme Edgeler wrote in 2017: In the first five years after three strikes came into effect 5248 offenders received a ‘first strike’ (that is, a “stage-1 conviction” under the three strikes sentencing regime), and 68 offenders received a ‘second strike’. In the five years prior to ...
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Hi,Today I mainly want to share some of your thoughts about the recent piece I wrote about success and failure, and the forces that seemingly guide our lives. But first, a quick bit of housekeeping: I am doing a Webworm popup in Los Angeles on Saturday May 11 at 2pm. ...
It is hard to see what Melissa Lee might have done to “save” the media. National went into the election with no public media policy and appears not to have developed one subsequently. Lee claimed that she had prepared a policy paper before the election but it had been decided ...
Open access notablesIce acceleration and rotation in the Greenland Ice Sheet interior in recent decades, Løkkegaard et al., Communications Earth & Environment:In the past two decades, mass loss from the Greenland ice sheet has accelerated, partly due to the speedup of glaciers. However, uncertainty in speed derived from satellite products ...
Buzz from the Beehive A statement from Children’s Minister Karen Chhour – yet to be posted on the Government’s official website – arrived in Point of Order’s email in-tray last night. It welcomes the High Court ruling on whether the Waitangi Tribunal can demand she appear before it. It does ...
Mr Bombastic:Ironically, the media the academic experts wanted is, in many ways, the media they got. In place of the tyrannical editors of yesteryear, advancing without fear or favour the interests of the ruling class; the New Zealand news media of today boasts a troop of enlightened journalists dedicated to ...
It's hard times try to make a livingYou wake up every morning in the unforgivingOut there somewhere in the cityThere's people living lives without mercy or pityI feel good, yeah I'm feeling fineI feel better then I have for the longest timeI think these pills have been good for meI ...
In 1974, the US Supreme Court issued its decision in United States v. Nixon, finding that the President was not a King, but was subject to the law and was required to turn over the evidence of his wrongdoing to the courts. It was a landmark decision for the rule ...
Every day now just seems to bring in more fresh meat for the grinder.In their relentlessly ideological drive to cut back on the “excessive bloat” (as they see it) of the previous Labour-led government, on the mountains of evidence accumulated in such a short period of time do not ...
This is a re-post from Yale Climate Connections by Megan Valére SosouMarket gardening site of the Itchèléré de Itagui agricultural cooperative in Dassa-Zoumè (Image credit: Megan Valère Sossou) For the residents of Dassa-Zoumè, a city in the West African country of Benin, choosing between drinking water and having enough ...
Buzz from the Beehive Melissa Lee – as may be discerned from the screenshot above – has not been demoted for doing something seriously wrong as Minister of ...
Morning in London Mother hugs beloved daughter outside the converted shoe factory in which she is living.Afternoon in London Travelling writer takes himself and his wrist down to A&E, just to be sure. Read more ...
Mike Grimshaw writes – The recent announcement of the University Advisory Group, chaired by Sir Peter Gluckman, makes very clear where the Government’s focus and priorities lie. The remit of the Advisory Group is that Group members will consider challenges and opportunities for improvement in the university sector including: ...
Eric Crampton writes – The Reserve Bank of New Zealand desperately wants to find reasons to have workstreams in climate change. It makes little sense. They’ve run another stress test on the banks looking to see if they could find a prudential regulation case. They couldn’t. They ...
Rob MacCullough writes – Pundits from the left and the right are arguing that National’s Fast Track Bill that is designed to speed up infrastructure decisions could end up becoming mired in a cesspool of corruption. Political commentator ...
Looking at the headlines this morning it’s hard to feel anything other than pessimistic about the future of humanity.Note that I’m not speaking about the future of mankind, but the survival of our humanity. The values that we believe in seem to be ebbing away, by the day.Perhaps every generation ...
Swabbing mixed breed baby chicks to test for avian influenzaUh oh. Bird flu – often deadly to humans – is not only being transmitted from infected birds to dairy cows, but is now travelling between dairy cows. As of last Friday, Bloomberg News reports, there were 32 American dairy herds ...
On February 14, 2023 we announced our Rebuttal Update Project. This included an ask for feedback about the added "At a glance" section in the updated basic rebuttal versions. This weekly blog post series highlights this new section of one of the updated basic rebuttal versions and serves as a ...
What is it with the mining industry? Its not enough for them to pillage the earth - they apparently can't even be bothered getting resource consent to do so: The proponent behind a major mine near the Clutha River had already been undertaking activity in the area without a ...
Photo # 1 I am a huge fan of Singapore’s approach to housing, as described here two years ago by copying and pasting from The ConversationWhat Singapore has that Australia does not is a public housing developer, the Housing Development Board, which puts new dwellings on public and reclaimed land, ...
Buzz from the Beehive Reactions to news of the government’s readiness to make urgent changes to “the resource management system” through a Bill to amend the Resource Management Act (RMA) suggest a balanced approach is being taken. The Taxpayers’ Union says the proposed changes don’t go far enough. Greenpeace says ...
I’m starting to wonder if Anna Burns-Francis might be the best political interviewer we’ve got. That might sound unlikely to you, it came as a bit of a surprise to me.Jack Tame can be excellent, but has some pretty average days. I like Rebecca Wright on Newshub, she asks good ...
Chris Trotter writes – Willie Jackson is said to be planning a “media summit” to discuss “the state of the media and how to protect Fourth Estate Journalism”. Not only does the Editor of The Daily Blog, Martyn Bradbury, think this is a good idea, but he has also ...
Graeme Edgeler writes – This morning [April 21], the Wellington High Court is hearing a judicial review brought by Hon. Karen Chhour, the Minister for Children, against a decision of the Waitangi Tribunal. This is unusual, judicial reviews are much more likely to brought against ministers, rather than ...
Both of Parliament’s watchdogs have now ripped into the Government’s Fast-track Approvals Bill. Photo: Lynn Grieveson / The KākāMy pick of the six newsey things to know from Aotearoa’s political economy and beyond on the morning of Tuesday, April 23 are:The Lead: The Auditor General,John Ryan, has joined the ...
This is a re-post from Yale Climate Connections by Sarah SpengemanPeople wait to board an electric bus in Pune, India. (Image credit: courtesy of ITDP) Public transportation riders in Pune, India, love the city’s new electric buses so much they will actually skip an older diesel bus that ...
The infrastructure industry yesterday issued a “hurry up” message to the Government, telling it to get cracking on developing a pipeline of infrastructure projects.The hiatus around the change of Government has seen some major projects cancelled and others delayed, and there is uncertainty about what will happen with the new ...
Hi,Over the weekend I revisited a podcast I really adore, Dead Eyes. It’s about a guy who got fired from Band of Brothers over two decades ago because Tom Hanks said he had “dead eyes”.If you don’t recall — 2001’s Band of Brothers was part of the emerging trend of ...
Buzz from the Beehive The 180 or so recipients of letters from the Government telling them how to submit infrastructure projects for “fast track” consideration includes some whose project applications previously have been rejected by the courts. News media were quick to feature these in their reports after RMA Reform Minister Chris ...
It would not be a desirable way to start your holiday by breaking your back, your head, or your wrist, but on our first hour in Singapore I gave it a try.We were chatting, last week, before we started a meeting of Hazel’s Enviro Trust, about the things that can ...
Calling all journalists, academics, planners, lawyers, political activists, environmentalists, and other members of the public who believe that the relationships between vested interests and politicians need to be scrutinised. We need to work together to make sure that the new Fast-Track Approvals Bill – currently being pushed through by the ...
Feel worried. Shane Jones and a couple of his Cabinet colleagues are about to be granted the power to override any and all objections to projects like dams, mines, roads etc even if: said projects will harm biodiversity, increase global warming and cause other environmental harms, and even if ...
Bryce Edwards writes- The ability of the private sector to quickly establish major new projects making use of the urban and natural environment is to be supercharged by the new National-led Government. Yesterday it introduced to Parliament one of its most significant reforms, the Fast Track Approvals Bill. ...
Michael Bassett writes – If you think there is a move afoot by the radical Maori fringe of New Zealand society to create a parallel system of government to the one that we elect at our triennial elections, you aren’t wrong. Over the last few days we have ...
Without a corresponding drop in interest rates, it’s doubtful any changes to the CCCFA will unleash a massive rush of home buyers. Photo: Lynn GrievesonTL;DR: The six things that stood out to me in Aotearoa’s political economy around housing, poverty and climate on Monday, April 22 included:The Government making a ...
Sunday was a lazy day. I started watching Jack Tame on Q&A, the interviews are usually good for something to write about. Saying the things that the politicians won’t, but are quite possibly thinking. Things that are true and need to be extracted from between the lines.As you might know ...
In our Weekly Roundup last week we covered news from Auckland Transport that the WX1 Western Express is going to get an upgrade next year with double decker electric buses. As part of the announcement, AT also said “Since we introduced the WX1 Western Express last November we have seen ...
TL;DR: The six key events to watch in Aotearoa-NZ’s political economy in the week to April 29 include:PM Christopher Luxon is scheduled to hold a post-Cabinet news conference at 4 pm today. Stats NZ releases its statutory report on Census 2023 tomorrow.Finance Minister Nicola Willis delivers a pre-Budget speech at ...
A listing of 29 news and opinion articles we found interesting and shared on social media during the past week: Sun, April 14, 2024 thru Sat, April 20, 2024. Story of the week Our story of the week hinges on these words from the abstract of a fresh academic ...
The ability of the private sector to quickly establish major new projects making use of the urban and natural environment is to be supercharged by the new National-led Government. Yesterday it introduced to Parliament one of its most significant reforms, the Fast Track Approvals Bill. The Government says this will ...
This is a column to say thank you. So many of have been in touch since Mum died to say so many kind and thoughtful things. You’re wonderful, all of you. You’ve asked how we’re doing, how Dad’s doing. A little more realisation each day, of the irretrievable finality of ...
Identifying the engine type in your car is crucial for various reasons, including maintenance, repairs, and performance upgrades. Knowing the specific engine model allows you to access detailed technical information, locate compatible parts, and make informed decisions about modifications. This comprehensive guide will provide you with a step-by-step approach to ...
Introduction: The allure of racing is undeniable. The thrill of speed, the roar of engines, and the exhilaration of competition all contribute to the allure of this adrenaline-driven sport. For those who yearn to experience the pinnacle of racing, becoming a race car driver is the ultimate dream. However, the ...
Introduction Automobiles have become ubiquitous in modern society, serving as a primary mode of transportation and a symbol of economic growth and personal mobility. With countless vehicles traversing roads and highways worldwide, it begs the question: how many cars are there in the world? Determining the precise number is a ...
Maintaining a safe and reliable vehicle requires regular inspections. Whether it’s a routine maintenance checkup or a safety inspection, knowing how long the process will take can help you plan your day accordingly. This article delves into the factors that influence the duration of a car inspection and provides an ...
Mazda Motor Corporation, commonly known as Mazda, is a Japanese multinational automaker headquartered in Fuchu, Aki District, Hiroshima Prefecture, Japan. The company was founded in 1920 as the Toyo Cork Kogyo Co., Ltd., and began producing vehicles in 1931. Mazda is primarily known for its production of passenger cars, but ...
Your car battery is an essential component that provides power to start your engine, operate your electrical systems, and store energy. Over time, batteries can weaken and lose their ability to hold a charge, which can lead to starting problems, power failures, and other issues. Replacing your battery before it ...
In most states, you cannot register a car without a valid driver’s license. However, there are a few exceptions to this rule. Exceptions to the RuleIf you are under 18 years old: In some states, you can register a car in your name even if you do not ...
Mazda, a Japanese automotive manufacturer with a rich history of innovation and engineering excellence, has emerged as a formidable player in the global car market. Known for its reputation of producing high-quality, fuel-efficient, and driver-oriented vehicles, Mazda has consistently garnered praise from industry experts and consumers alike. In this article, ...
Struts are an essential part of a car’s suspension system. They are responsible for supporting the weight of the car and damping the oscillations of the springs. Struts are typically made of steel or aluminum and are filled with hydraulic fluid. How Do Struts Work? Struts work by transferring the ...
Car registration is a mandatory process that all vehicle owners must complete annually. This process involves registering your car with the Department of Motor Vehicles (DMV) and paying an associated fee. The registration process ensures that your vehicle is properly licensed and insured, and helps law enforcement and other authorities ...
Zoom is a video conferencing service that allows you to share your screen, webcam, and audio with other participants. In addition to sharing your own audio, you can also share the audio from your computer with other participants. This can be useful for playing music, sharing presentations with audio, or ...
Building your own computer can be a rewarding and cost-effective way to get a high-performance machine tailored to your specific needs. However, it also requires careful planning and execution, and one of the most important factors to consider is the time it will take. The exact time it takes to ...
Te Pāti Māori are demanding the New Zealand Government support an international independent investigation into mass graves that have been uncovered at two hospitals on the Gaza strip, following weeks of assault by Israeli troops. Among the 392 bodies that have been recovered, are children and elderly civilians. Many of ...
Our two-tiered system for veterans’ support is out of step with our closest partners, and all parties in Parliament should work together to fix it, Labour veterans’ affairs spokesperson Greg O’Connor said. ...
Stripping two Ministers of their portfolios just six months into the job shows Christopher Luxon’s management style is lacking, Labour Leader Chris Hipkins said. ...
Tonight’s court decision to overturn the summons of the Children’s Minister has enabled the Crown to continue making decisions about Māori without evidence, says Te Pāti Māori spokesperson for Children, Mariameno Kapa-Kingi. “The judicial system has this evening told the nation that this government can do whatever they want when ...
It appears Nicola Willis is about to pull the rug out from under the feet of local communities still dealing with the aftermath of last year’s severe weather, and local councils relying on funding to build back from these disasters. ...
The Government is making short-sighted changes to the Resource Management Act (RMA) that will take away environmental protection in favour of short-term profits, Labour’s environment spokesperson Rachel Brooking said today. ...
Labour welcomes the release of the report into the North Island weather events and looks forward to working with the Government to ensure that New Zealand is as prepared as it can be for the next natural disaster. ...
The Labour Party has called for the New Zealand Government to recognise Palestine, as a material step towards progressing the two-State solution needed to achieve a lasting peace in the region. ...
Some of our country’s most important work, stopping the sexual exploitation of children and violent extremism could go along with staff on the frontline at ports and airports. ...
The Government’s Fast Track Approvals Bill will give projects such as new coal mines a ‘get out of jail free’ card to wreak havoc on the environment, Labour Leader Chris Hipkins said today. ...
The government's decision to reintroduce Three Strikes is a destructive and ineffective piece of law-making that will only exacerbate an inherently biased and racist criminal justice system, said Te Pāti Māori Justice Spokesperson, Tākuta Ferris, today. During the time Three Strikes was in place in Aotearoa, Māori and Pasifika received ...
Cuts to frontline hospital staff are not only a broken election promise, it shows the reckless tax cuts have well and truly hit the frontline of the health system, says Labour Health spokesperson Ayesha Verrall. ...
The Green Party has joined the call for public submissions on the fast-track legislation to be extended after the Ombudsman forced the Government to release the list of organisations invited to apply just hours before submissions close. ...
New Zealand’s good work at reducing climate emissions for three years in a row will be undone by the National government’s lack of ambition and scrapping programmes that were making a difference, Labour Party climate spokesperson Megan Woods said today. ...
More essential jobs could be on the chopping block, this time Ministry of Education staff on the school lunches team are set to find out whether they're in line to lose their jobs. ...
Te Pāti Māori is disgusted at the confirmation that hundreds are set to lose their jobs at Oranga Tamariki, and the disestablishment of the Treaty Response Unit. “This act of absolute carelessness and out of touch decision making is committing tamariki to state abuse.” Said Te Pāti Māori Oranga Tamariki ...
The Government is trying to bring in a law that will allow Ministers to cut corners and kill off native species, Labour environment spokesperson Rachel Brooking said. ...
Cancelling urgently needed new Cook Strait ferries and hiking the cost of public transport for many Kiwis so that National can announce the prospect of another tunnel for Wellington is not making good choices, Labour Transport Spokesperson Tangi Utikere said. ...
A laundry list of additional costs for Tāmaki Makarau Auckland shows the Minister for the city is not delivering for the people who live there, says Labour Auckland Issues spokesperson Shanan Halbert. ...
Te Pāti Māori co-leader Rawiri Waititi, and Mema Paremata mō Tāmaki-Makaurau, Takutai Tarsh Kemp, will travel to the Gold Coast to strengthen ties with Māori in Australia next week (15-21 April). The visit, in the lead-up to the 9th Australian National Kapa haka Festival, will be an opportunity for both ...
The Green Party has today launched a step-by-step guide to help New Zealanders make their voice heard on the Government’s democracy dodging and anti-environment fast track legislation. ...
The National Government’s proposed changes to the Residential Tenancies Act will mean tenants can be turfed from their homes by landlords with little notice, Labour housing spokesperson Kieran McAnulty said. ...
Green Party co-leader Marama Davidson is calling on all parties to support a common-sense change that’s great for the planet and great for consumers after her member’s bill was drawn from the ballot today. ...
A significant milestone has been reached in the fight to strike an anti-Pasifika and unfair law from the country’s books after Teanau Tuiono’s members’ bill passed its first reading. ...
New Zealand has today missed the opportunity to uphold the right to a clean, healthy, and sustainable environment, says James Shaw after his member’s bill was voted down in its first reading. ...
Today’s advice from the Climate Change Commission paints a sobering reality of the challenge we face in combating climate change, especially in light of recent Government policy announcements. ...
Minister for Disability Issues Penny Simmonds appears to have delayed a report back to Cabinet on the progress New Zealand is making against international obligations for disabled New Zealanders. ...
Hundreds of New Zealand families affected by Fetal Alcohol Spectrum Disorder (FASD) will benefit from a new Government focus on prevention and treatment, says Health Minister Dr Shane Reti. “We know FASD is a leading cause of preventable intellectual and neurodevelopmental disability in New Zealand,” Dr Reti says. “Every day, ...
Regional Development Minister Shane Jones today attended the official opening of Kaikohe’s new $14.7 million sports complex. “The completion of the Kaikohe Multi Sports Complex is a fantastic achievement for the Far North,” Mr Jones says. “This facility not only fulfils a long-held dream for local athletes, but also creates ...
Foreign Minister Winston Peters’ engagements in Türkiye this week underlined the importance of diplomacy to meet growing global challenges. “Returning to the Gallipoli Peninsula to represent New Zealand at Anzac commemorations was a sombre reminder of the critical importance of diplomacy for de-escalating conflicts and easing tensions,” Mr Peters ...
Ambassador Millar, Burgemeester, Vandepitte, Excellencies, military representatives, distinguished guests, ladies and gentlemen – good morning and welcome to this sacred Anzac Day dawn service. It is an honour to be here on behalf of the Government and people of New Zealand at Buttes New British Cemetery, Polygon Wood – a deeply ...
Distinguished guests - It is an honour to return once again to this site which, as the resting place for so many of our war-dead, has become a sacred place for generations of New Zealanders. Our presence here and at the other special spaces of Gallipoli is made ...
Mai ia tawhiti pamamao, te moana nui a Kiwa, kua tae whakaiti mai matou, ki to koutou papa whenua. No koutou te tapuwae, no matou te tapuwae, kua honoa pumautia. Ko nga toa kua hinga nei, o te Waipounamu, o te Ika a Maui, he okioki tahi me o ...
Paul Goldsmith will take on responsibility for the Media and Communications portfolio, while Louise Upston will pick up the Disability Issues portfolio, Prime Minister Christopher Luxon announced today. “Our Government is relentlessly focused on getting New Zealand back on track. As issues change in prominence, I plan to adjust Ministerial ...
Recreational catch limits will be reduced in areas of Fiordland and the Chatham Islands to help keep those fisheries healthy and sustainable, Oceans and Fisheries Minister Shane Jones says. The lower recreational daily catch limits for a range of finfish and shellfish species caught in the Fiordland Marine Area and ...
Energy Minister Simeon Brown has welcomed an important milestone in New Zealand’s hydrogen future, with the opening of the country’s first network of hydrogen refuelling stations in Wiri. “I want to congratulate the team at Hiringa Energy and its partners K one W one (K1W1), Mitsui & Co New Zealand ...
The coalition Government is delivering on its commitment to improve resource management laws and give greater certainty to consent applicants, with a Bill to amend the Resource Management Act (RMA) expected to be introduced to Parliament next month. RMA Reform Minister Chris Bishop has today outlined the first RMA Amendment ...
Overseas models for regulating the oil and gas sector, including their decommissioning regimes, are being carefully scrutinised as a potential template for New Zealand’s own sector, Resources Minister Shane Jones says. The Coalition Government is focused on rebuilding investor confidence in New Zealand’s energy sector as it looks to strengthen ...
Emergency Management and Recovery Minister Mark Mitchell has today released the Report of the Government Inquiry into the response to the North Island Severe Weather Events. “The report shows that New Zealand’s emergency management system is not fit-for-purpose and there are some significant gaps we need to address,” Mr Mitchell ...
Justice Minister Paul Goldsmith is today travelling to Europe where he’ll update the United Nations Human Rights Council on the Government’s work to restore law and order. “Attending the Universal Periodic Review in Geneva provides us with an opportunity to present New Zealand’s human rights progress, priorities, and challenges, while ...
Associate Agriculture Minister, Mark Patterson, formally reopened the world’s largest wool processing facility today in Awatoto, Napier, following a $50 million rebuild and refurbishment project. “The reopening of this facility will significantly lift the economic opportunities available to New Zealand’s wool sector, which already accounts for 20 per cent of ...
Hon Andrew Bayly, Minister for Small Business and Manufacturing At the Southland Otago Regional Engineering Collective (SOREC) Summit, 18 April, Dunedin Ngā mihi nui, Ko Andrew Bayly aho, Ko Whanganui aho Good Afternoon and thank you for inviting me to open your summit today. I am delighted ...
The Government is delivering on its commitment to bring back the Three Strikes legislation, Associate Justice Minister Nicole McKee announced today. “Our Government is committed to restoring law and order and enforcing appropriate consequences on criminals. We are making it clear that repeat serious violent or sexual offending is not ...
Foreign Minister Winston Peters has today announced four new diplomatic appointments for New Zealand’s overseas missions. “Our diplomats have a vital role in maintaining and protecting New Zealand’s interests around the world,” Mr Peters says. “I am pleased to announce the appointment of these senior diplomats from the ...
New Zealand is contributing NZ$7 million to support communities affected by severe food insecurity and other urgent humanitarian needs in Ethiopia and Somalia, Foreign Minister Rt Hon Winston Peters announced today. “Over 21 million people are in need of humanitarian assistance across Ethiopia, with a further 6.9 million people ...
Minister for Arts, Culture and Heritage Paul Goldsmith is congratulating Mataaho Collective for winning the Golden Lion for best participant in the main exhibition at the Venice Biennale. "Congratulations to the Mataaho Collective for winning one of the world's most prestigious art prizes at the Venice Biennale. “It is good ...
The Government is reforming financial services to improve access to home loans and other lending, and strengthen customer protections, Commerce and Consumer Affairs Minister Andrew Bayly and Housing Minister Chris Bishop announced today. “Our coalition Government is committed to rebuilding the economy and making life simpler by cutting red tape. We are ...
“China remains a strong commercial opportunity for Kiwi exporters as Chinese businesses and consumers continue to value our high-quality safe produce,” Trade and Agriculture Minister Todd McClay says. Mr McClay has returned to New Zealand following visits to Beijing, Harbin and Shanghai where he met ministers, governors and mayors and engaged in trade and agricultural events with the New ...
Prime Minister Christopher Luxon has completed a successful trip to Singapore, Thailand and the Philippines, deepening relationships and capitalising on opportunities. Mr Luxon was accompanied by a business delegation and says the choice of countries represents the priority the New Zealand Government places on South East Asia, and our relationships in ...
New Zealand is demonstrating its commitment to reducing global greenhouse emissions, and supporting clean energy transition in South East Asia, through a contribution of NZ$41 million (US$25 million) in climate finance to the Asian Development Bank (ADB)-led Energy Transition Mechanism (ETM). Prime Minister Christopher Luxon and Climate Change Minister Simon Watts announced ...
The Government is today releasing a list of organisations who received letters about the Fast-track applications process, says RMA Reform Minister Chris Bishop. “Recently Ministers and agencies have received a series of OIA requests for a list of organisations to whom I wrote with information on applying to have a ...
Attorney-General Judith Collins today announced the appointment of Wellington Barrister David Jonathan Boldt as a Judge of the High Court, and the Honourable Justice Matthew Palmer as a Judge of the Court of Appeal. Justice Boldt graduated with an LLB from Victoria University of Wellington in 1990, and also holds ...
Education Minister Erica Stanford will lead the New Zealand delegation at the 2024 International Summit on the Teaching Profession (ISTP) held in Singapore. The delegation includes representatives from the Post Primary Teachers’ Association (PPTA) Te Wehengarua and the New Zealand Educational Institute (NZEI) Te Riu Roa. The summit is co-hosted ...
A stopbank upgrade project in Tairawhiti partly funded by the Government has increased flood resilience for around 7000ha of residential and horticultural land so far, Regional Development Minister Shane Jones says. Mr Jones today attended a dawn service in Gisborne to mark the end of the first stage of the ...
Foreign Affairs Minister Winston Peters will represent the Government at Anzac Day commemorations on the Gallipoli Peninsula next week and engage with senior representatives of the Turkish government in Istanbul. “The Gallipoli campaign is a defining event in our history. It will be a privilege to share the occasion ...
Science, Innovation and Technology and Defence Minister Judith Collins will next week attend the OECD Science and Technology Ministerial conference in Paris and Anzac Day commemorations in Belgium. “Science, innovation and technology have a major role to play in rebuilding our economy and achieving better health, environmental and social outcomes ...
Prime Minister Christopher Luxon held a bilateral meeting today with the President of the Philippines, Ferdinand Marcos Jr. The Prime Minister was accompanied by MP Paulo Garcia, the first Filipino to be elected to a legislature outside the Philippines. During today’s meeting, Prime Minister Luxon and President Marcos Jr discussed opportunities to ...
The Government has announced that $20 million in funding will be made available to Westport to fund much needed flood protection around the town. This measure will significantly improve the resilience of the community, says Local Government Minister Simeon Brown. “The Westport community has already been allocated almost $3 million ...
The Government is proud to support the first ever Repco Supercars Championship event in Taupō as up to 70,000 motorsport fans attend the Taupō International Motorsport Park this weekend, says Economic Development Minister Melissa Lee. “Anticipation for the ITM Taupō Super400 is huge, with tickets and accommodation selling out weeks ...
Local Government Minister Simeon Brown has announced an increase to the Rates Rebate Scheme, putting money back into the pockets of low-income homeowners. “The coalition Government is committed to bringing down the cost of living for New Zealanders. That includes targeted support for those Kiwis who are doing things tough, such ...
The Coalition Government is investing in a project to boost survival rates of New Zealand mussels and grow the industry, Oceans and Fisheries Minister Shane Jones has announced. “This project seeks to increase the resilience of our mussels and significantly boost the sector’s productivity,” Mr Jones says. “The project - ...
Benefit figures released today underscore the importance of the Government’s plan to rebuild the economy and have 50,000 fewer people on Jobseeker Support, Social Development and Employment Minister Louise Upston says. “Benefit numbers are still significantly higher than when National was last in government, when there was about 70,000 fewer ...
The Government’s commitment to doubling New Zealand’s renewable energy capacity is backed by new data showing that clean energy has helped the country reach its lowest annual gross emissions since 1999, Climate Change Minister Simon Watts says. New Zealand’s latest Greenhouse Gas Inventory (1990-2022) published today, shows gross emissions fell ...
The Government is bringing the earthquake-prone building review forward, with work to start immediately, and extending the deadline for remediations by four years, Building and Construction Minister Chris Penk says. “Our Government is focused on rebuilding the economy. A key part of our plan is to cut red tape that ...
Prime Minister Christopher Luxon and his Thai counterpart, Prime Minister Srettha Thavisin, have today agreed that New Zealand and the Kingdom of Thailand will upgrade the bilateral relationship to a Strategic Partnership by 2026. “New Zealand and Thailand have a lot to offer each other. We have a strong mutual desire to build ...
RMA Reform Minister Chris Bishop and Transport Minister Simeon Brown have today announced the Coalition Government’s intention to extend port coastal permits for a further 20 years, providing port operators with certainty to continue their operations. “The introduction of the Resource Management Act in 1991 required ports to obtain coastal ...
Today’s announcement that inflation is down to 4 per cent is encouraging news for Kiwis, but there is more work to be done - underlining the importance of the Government’s plan to get the economy back on track, acting Finance Minister Chris Bishop says. “Inflation is now at 4 per ...
Asia Pacific Report From France to Australia, university pro-Palestine protests in the United States have now spread to several countries with students pitching on-campus camps. And students at Columbia and other US universities remain defiant as campuses have witnessed the biggest protests since the anti-Vietnam war and anti-apartheid eras in ...
Analysis by Dr Bryce Edwards, Democracy Project (https://democracyproject.nz)New Zealand Government’s Fast Track legislation. Many criticisms are being made of the Government’s Fast Track Approvals Bill, including by this writer. But as with everything in politics, every story has two sides, and both deserve attention. It’s important to understand what the Government ...
Tara Ward talks to presenter Naomi Toilalo about the new TV show that turns food waste into a three course feast. Naomi Toilalo is standing in the warehouse at Good Neighbour Tauranga, helping unpack the two-and-a-half tonnes of rejected food that will arrive at the community support hub that day. ...
Scout is our latest Dog of the Month. This feature was offered as a reward during our What’s Eating Aotearoa PledgeMe campaign. Thank you to Scout’s human, Avril, for her support. Dog name: Scout (named after the little girl in To Kill a Mockingbird – she inherited the independent spirit ...
Megan Alatini takes us through her life in TV, including ‘terrible’ daytime TV, the class of Carol Hirschfeld and her most embarrassing TrueBliss moment. When she responded to a vague newspaper ad asking “do you have what it takes to be a popstar?” 25 years ago, Megan Alatini never guessed ...
A new exhibition in Wellington showcases the faces behind your local goods and services. Back in 1977, when I was a fine arts student at the University of Canterbury, I took a series of photographs of Christchurch shopkeepers. The photos were for a calendar – a project for my end ...
Toomaj and his resistance to tyranny through his songs have become an icon for the youth of Iran, so his sentence has hit the nation hard. Toomaj Salehi is not the first artist to pay the price for standing with the people. ...
My cousin Dylan and I spotted these big eels under the bridge that summer. We watched them lounging under the dark weed, facing into the flow of water, their mouths frozen open. Dylan and I couldn’t stop thinking about those eels. The night we went down to the creek, we ...
Newsroom, home of satire. My long-running weekly satirical series The Secret Diary has moved to Newsroom and will appear every Saturday, with Victor Billot’s wildly popular satirical Odes continuing to appear every Sunday. Diaries, Odes – while serious political columnists toil at meaningful opinions and stroke their chins to an ...
Tara Ward unravels the many nuanced layers of a cartoon about talking dogs.This is an excerpt from our weekly pop culture newsletter Rec Room. Sign up here. It’s not often an episode of a children’s cartoon has adults sobbing into their sleeves, but that’s exactly what happened this week when ...
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This is why zerohedge is so useful a source.
and the development will do far more damage than a few burping cows down under ….
https://www.zerohedge.com/political/biden-gives-go-ahead-giant-alaska-oil-project-greens-furious
"President Biden pledged during the election campaign: "I guarantee you we’re going to end fossil fuels."
The same President Biden today has – much to the angst of conservationists – authorized a giant ConocoPhillips oil project in northwest Alaska.
The authorization represents one of the most significant climate decisions yet for Biden
Christy Goldfuss, a former Obama White House official who now is a policy chief at the Natural Resources Defense Council, said she was “deeply disappointed'' at Biden's decision to approve Willow, which NRDC estimates would generate planet-warming greenhouse gas emissions equivalent to more than 1 million homes.
Willow is projected to output 180,000 barrels of oil per day, or around 1.5 percent of total American oil production.
Over its 30-year lifespan, Willow is expected to produce over 600 million barrels of oil while contributing up to $17 billion in revenues for state and federal governments as well as local communities."
Well spotted Maurice. Biden is old school "drill baby drill".
Even Starmer in the UK has said he will not allow any more oil/gas drilling licences in the UK if he becomes PM.
Here is a great video that explains very simply how the banking fractional reserve system works and how a run on a bank is almost certain to sink it. In relation to the bank that went down in the US the other day.
This guy manages finance portfolios and also is ex army so comments on the Ukraine situation. But what he says here about banking is really good.
Probably explains in part why banks need large profits. Because, they are doing that through really high leverage which is incredibly risky if it goes wrong.
Why are there not mechanisms to prevent a run on banks. It seems to be a fatal flaw in the capitalist system.
John Key's mate, Jamie Beaton of Crimson Education was involved in the run on SVB and therefore contributed to its downfall.
There are, deposit insurance.
Privatising profit, socialising cost.
Or don't and wipe out depositors.
BTW, you can make depositors whole while still prosecuting any fraud and replacing the management involved. Unless its the bank (as in the business entity) rather than the bank management causing the problems this seems appropriate.
In the 1930s FDR sought solutions, to the bank run problem, from the economics profession. Chicago University offered the 'chicago plan' which would have entailed imposing a 100% reserve ratio on banks. The problem with this would have been that all monetary expansion would have to have come from government. This would have been difficult to manage unless all banks became government owned 'public utilities'. I suppose this would have been unacceptable in a 'free enterprise' economy like America's, albeit that it seems to work very well in China, where their banking system is owned by government.
Deposit insurance and full reserve protocols are the same. Either the state guarantees that you will be able to withdraw the insured sum, or that that sum is $ for $ held by the bank at all times. Its the same in either case.
The actual important parts of the Chicago plan for preventing bank collapses were implemented, including the Glass Stegall act which at the time separated retail and commercial lending and meant deposits were not put at risk by backing highly leveraged lending. That worked for a long time, but US banking practice has since moved on in ways where these became combined again.
The problem is that the bank is not solvent any more and will not repay all its liabilities (including deposits) without a bailout. Likely that's because there was a bunch of fraudulent lending occurred by the bank. Putting that all down to a run on deposits, a very natural reaction when people discover their deposits were loaned out fraudulently, is a bit simplistic.
Deposit insurance and full reserve protocols are the same.
The two are not the same. There is an upper limit to how much deposit insurance will pay out. Deposit insurance also encourages reckless lending.
Your absolutely right there, they are the same up to the insured limit.
Since they are the same, they encourage reckless lending to the same degree. But the actual thing which discourages reckless lending is the effective regulation.
SVB shareholders were wiped out BTW, while depositors are being largely made whole. What happens to the bank executives will depend on any prosecutions which occur of anything they did wrong.
To a max of $250k only in US, acording to Guardian. Not much good if your company has millions in there.
Yes, it says $250K which is low if its a business account, but watch what actually happens. There are apparently payroll firms within the accounts and they won't be left short to pay people.
If you think about it, the banking system is legalised fraud. In fact, it started out as fraud in the days of gold merchants who stored gold for clients. They would write a certificate for the clients stating that they were holding x amount of gold for them which the clients could then use as collateral.
The gold merchants worked out that they could lend out the gold, and effectively write out fraudulent certificates. So long as all of the clients didn't ask for their money back at once they were ok.
Since at least Roman lending practices its always been the case that deposits are repaid in kind. You get back the same amount but not the same deposits made and this has always been a part of a legal definition for how deposits work.
Look at the definition of the word mutuum.
https://en.wiktionary.org/wiki/mutuum
Can't trust these bankers:
https://www.nytimes.com/2023/03/12/business/janet-yellen-silicon-valley-bank.html
Except:
https://www.wsj.com/livecoverage/stock-market-news-today-03-10-2023/card/silicon-valley-bank-ceo-sold-3-6-million-in-shares-days-before-fatal-loss-disclosed-6re8L8VDWjk956bOLaDD
Right wing venture capitalist Peter Theil involved in SVB collapse…
“What finally doomed SVB was that the resulting losses prompted a panic among depositors. This was in no small part thanks to far-right billionaire Peter Thiel’s VC firm Founders Fund, which, after finding out its investors were having trouble transferring money to its SVB accounts, ordered them to send them to other banks and had withdrawn all of its cash by the time the bank started melting down late last week. ”
https://jacobin.com/2023/03/silicon-valley-bank-collapse-financial-regulations-2008-bailout?mc_cid=33c409f89e&mc_eid=5a2883fd7c
Some more explanatory detail, my bold:
https://www.nytimes.com/2023/03/13/briefing/silicon-valley-bank.html
and a cherry on the top:
https://www.axios.com/2023/03/11/silicon-valley-bank-paid-bonuses-fdic
The biggest annual rise in the cost of living in over 30 years.
The cost of living becomes leading election issue..
Government removes GST off food and wins in a landslide.
Government brings in a FTT and windfall tax that more than covers the GST off food, allowing the government to deliver on all their other policies.
Vs.
Government does nothing.
Opposition wins treasury benches
Scraps climate mitigation.
New government begins massive austerity program.
Inequality, social and biosphere decay all increase.
Crime goes up, leading to dystopian repressive policing and enforcement and punishment,
Government just raised super and the benifits, got rid of mostly stupid policies, they gonna win any way
A cost of living increase in superannuitants' income is seen by those voters as 'business as usual' for a government. They certainly won't be expecting a regime change to result in sinking-lid pensions. So don't count that as pork-barrelling. However, they may be in for a nasty surprise. Means-testing, anyone?
Also raises in benefits. Please don't let this be an election policy or touted as something special that this Govt has done, because it is not. To continue with fair policies developed over many years should not be thrown into the pot. By all means have in house policy reviews to improve these as all effeicient bodies should do.
If we do want to look at benefits etc why not have a look at the WEAG report and move on with innovative ideas that we are not doing now.
https://www.weag.govt.nz/weag-report/
The Nats etc will have all sorts of ideas such as raising the age & means testing. Let us look at these and fight them for what they are.
Not every single thing that this Govt has done, including the BAU ones should be lauded. Otherwise we will find ourselves fighting things on efficiency grounds rather than true policy grounds.
So called 'Efficiency' arguments always plays into the Nats hands. A better idea is to ensure that the business of govt is well funded, departments are well staffed and impediments to BAU are stripped away.
From years in the PS I can hand on heart say that the biggest impediment to efficient delivery of both policy and BAU is any sort of wholesale restructuring, realignment, right sizing or any other weasel or waffle words you want to call it.
My thoughts are that the restruscturings of the late 1980s/1990s put a blight on service delivery by Govt that lasted into the 2000s and may still be felt in some Govt Depts. Productivity was slashed as people fought for their jobs, depts had to retool in policy brains etc.
Its been quoted here before, but bears repeating: restructuring as a solution is as old as government, and solves very little!
“We trained hard—but it seemed that every time we were beginning to form up into teams we were reorganized. I was to learn later in life that we tend to meet any new situation by reorganising, and what a wonderful method it can be for creating the illusion of progress while actually producing confusion, inefficiency, and demoralisation.”
― Petronius Arbiter
100%
Cost of living increase for NZ Super is business as usual. All the Government does is confirm the increase by Order in Council.
See https://www.legislation.govt.nz/act/public/2001/0084/latest/whole.html#DLM113924
Section 15 says increase auto by CPI
Section 16 says min of 66% national average wage (NAW)
As the 66% generally holds the actual increase in Super is the NAW increase. But this year CPI was higher so the % of NAW will be above 66% and so no top up above CPI.
It doesn't seem like any politicians know how it works (worrying) as it's being sold as a extra benefit to pensioners (nope, just what they're entitled to, nothing more) by the Govt and the opposition hasn't pointed it out.
Yes agree with this….continuing with BAU is an expectation not something new. To claim it as 'rah, rah something we have done as a Govt' is spurious and hopefully it is not being done. They should claim for additions/improvements to the lot of everyone or particular people but not for standing still or for meeting legal entitlements. COL increases are not an extra entitlement.
I don't see it as pork barreling, I see it as good ideas, means testing is ridiculously expensive and complicated and the people you're targeting most will dodge it anyway,
Pension means testing works for Oz. And UK. You need to declare income regularly, ie, a pension is not a basic entitlement, but something you continually reapply for. And if your assets are too much, you fund your own retirement.
Some people will find any excuse to do the barest minimum possible.
I suggested if the government removed GST from food to help address the cost of living crisis and replaced it with an FTT and windfall tax, and could win the election in a landslide.
"Government just raised super and the benifits, got rid of mostly stupid policies, they gonna win any way" bwaghorn
If Labour can just scrape in, why should they do more?
Maybe, because it's the right thing to do?
please forget about taking gst off food. its a logistical nightmare for small businesses to piss around and run two different sets of accounts. they do this in aus and its a real pain in the arse. cooked chicken= gst, raw chicken = no gst etc,etc. just forget it. the one good thing about our gst, sales tax ,vat is that it applies at the same rate to all goods and services. before the pedants get here, Im aware that there are exceptions. but it is still the easiest system for a small business to work.
"…its a logistical nightmare for small businesses to piss around and run two different sets of accounts. they do this in aus and its a real pain in the arse. cooked chicken= gst, raw chicken = no gst etc,etc. just forget it." woodart
I didn't say take GST off some food. Taking GST off some food would definitely act to make it complicated. That would be stupid.
There have been many specious excuses made why this shouldn't be done, this is just one of them.
I have been reliably informed by an accountant that making all food GST free is a simple one off change to accounting software. That's it, simple.
The specious complexity argument is demonstrated in an opinion piece by Stephen Hickson of The Conversation who writes 'Some bad ideas never go away'
(I might add, no matter how much some people wish it would)
All this specious argument really boils down to, is that we shouldn't go down the complex, some foods and not other foods, exemption route. GST off food no exceptions! We don't need experts and courts to tell us what food is, we all know what food is.
GST is a regressive flat tax, that neoliberals love because it targets those whose incomes go mostly on paying for their cost of living, whereas wealthy people with excess income above their cost of living, can invest and bank a lot of that income, these investments and returns do not attract GST. GST allows the rich to keep a lot more of their excess wealth. Neoliberal philosophy is based on the idea that if rich people become richer, society becomes richer. It was no coincidence that after GST was introduced by the notoriously neoliberal fourth Labour Government that it was quickly followed by income tax cuts on the highest earners.
Labour's commitment to the 'Purity' of GST is symptomatic of Labour's continuing commitment to neoliberalism.
. none of that screed changes the fact that having two different tax rates makes more work. yr accountant friend doesnt do the donkey work at the coal face of small business. when youve got to be an expert on ALL aspects of business, not just the books, any extra complication is not welcome.Im NOT a fan of gst, having experienced it as a business owner, and customer, but if we have it, lets not complicate it further.
Labour's commitment to the 'Purity' of GST is symptomatic of Labour's continuing commitment to neoliberalism.
Labour's commitment to the 'purity of GST' is a symptom of their commitment to common sense. Adjustment of income tax rates would be a better means of redistribution.
If we wished to monkey around with GST, we would want to distinguish between healthy foods and unhealthy foods, and maintain GST on the latter. This would cause enormous complications.
Yeah we get it.
Australians can manage it, but NZ tax officials are shambling morons that could not find their bottoms with both hands and a searchlight.
Australia exempts:
It's just so advanced NZ public servants could never handle it.
"If we wished to monkey around with GST, we would want to distinguish between healthy foods and unhealthy foods, and maintain GST on the latter. This would cause enormous complications." mikesh
Which makes me wonder why would countries like Australia, And Britain and Ireland follow such a stupid practice?
My view is that the partial removal of GST from food was probably the result of a last ditch effort by neoliberal lobbyists to try and keep GST on as many food items as possible, no matter how impossibly complex it makes the GST system..
Of course the partial removal of GST off food would create 'enormous complications'. Which is probably what the neoliberals wanted.
Neoliberalism is a faith based science. Challenge the faith, and the neoliberals will fight you all the way to keep as many food items as possible inside the GST regime and things will deliberately be made to be very complicated as a result.
Which makes me wonder why would countries like Australia, And Britain and Ireland follow such a stupid practice?
Political pressure, probably.
"Labour's commitment to the 'purity of GST' is a symptom of their commitment to common sense." mikesh
There is no alternative.
Tina, There Is No Alternative was coined by Roger Douglas the founder of the far right Backbone Club lobby group inside the 4th Labour government caucus that tried to get that government to enact even more extreme right wing measures, including the privatisation of the public health system, as set out in the infamous Gibbs Report on Health.
http://www.eastonbh.ac.nz/1997/07/the_health_reforms_and_the_blitzkreig/
David Lange's call for a 'Cup Of Tea' breather to halt this proposed neoliberal dismantling of the Social Welfare health system caused a split inside the Labour caucus between the Backbone Club and the supporters of Lange. This split led to the breakaway formation of the far right Act party.
Of course there was an alternative – tax the rich more. Douglas a millionaire himself wouldn't have a bar of it, but not only out of self interest, but because it went against his belief in his theory of 'Trickle Down'.
Trickle Down being a neoliberal concept that making the rich richer makes society richer.
The following is a slobbering corporate hym in praise of GST.
GST, making New Zealand a low income tax paradise for millionaires. by PwC Partner Eugen Trombitas.
Tina, There Is No Alternative was coined by Roger Douglas
TINA, there is no alternative was first coined by Margaret Thatcher.
It's attributed to Herbert Spencer's mid 19th C book Social Statics.
True. But these days it is associated mainly with Margaret Thatcher.
Except in New Zealand where it is associated mainly with Roger Douglas.
No it isn't. TINA is a Thatcher catchcry erroneously attributed to Roger Douglas because people felt there was a similarity in the pair's respective outlooks.
All this specious argument really boils down to, is that we shouldn't go down the complex, some foods and not other foods, exemption route. GST off food no exceptions!
That sort of argument would be valid for abolishing GST altogether, an option I would support since GST seems to have no useful purpose. I think it was introduced originally as a tax which could not be legally dodged for tax avoidance purposes. However it's questionable whether this is a justification for it given its regressiveness.
However if we are going to have a GST anyway I don't think there is any reason why food should be excluded. The poor can be helped, through the tax system, in other ways.
PS: I thought that GST was not payable on second hand goods. However, when I bought my most recent car, which was second hand, the dealer charged GST. I assume this is normal, but it does seem to be an anomaly. The rationale for exempting second hand goods would be that GST would have been paid on the the item when it was first purchased new. In other words GST can be paid many times on the same vehicle if it changes hands many times through a dealer.
"Labour's commitment to the 'purity of GST' is a symptom of their commitment to common sense." mikesh
Mikesh, you oppose GST being taken off food because it would destroy the 'purity' of GST. But you support it being taken off second hand goods?
Am I right in presuming that the reason second hand goods are exempt from GST is because poorer people who tend to spend proportionately more on buying second hand goods more than rich folk?
Why can't the same 'commitment to common sense' be applied to food?
Afterall poorer people pay proportionately more of their income on food than rich people do.
And now some good news.
Following unprecedented solidarity action by fellow presenters and public pressure.
In a massive victory for free speech Gary Lineka returned to Match of the Day,
Excellent – now let's see the govt. walk back the equally ill-considered sacking of Rob Campbell.
Indeed. When it comes to free speech the world has a long way to go.
A Russian sports presenter who tweeted нет войне would be imprisoned. (and sacked)
A sign or tweet with “нет войне” can earn up to 15yrs in prison. And over 14,000 Russians have been arrested for saying exactly that.
https://twitter.com/Adbusters/status/1503798461619060736
Yes they (Labour Govt) are all over the place with what these Govt appointees to boards etc are expected to do, able to do. It is perhaps lucky that the Nats are similarly bewildered.
They have allowed a level of imprecision in language to explain what is usually a very careful and distinct category of people/what they do/how they are described/how they are 'governed'
People like Rob Campbell, Steve Maharey and Ruth Dyson in their roles as Govt appointees on Boards are not Public Servants…….aaaaaaaaaagh tears hair out including eyebrows!
Do we really have to accept this dumbing down in case it frightens the horses or something or is it just slap dash, we can't be bothered educating people…move on to the next lot of Govt business that we can deliver something slap dash on.
I asked before if Hipkins has employed some of the lesser lights such as Luxon did with the 'Hawaii is really Te Puke' snafu.
Very disappointed as it has not put to bed anything, public servants, the real ones are now being lumped into some category of not being impartial in the delivery of Govts policies by News media.
The Westminister tradition is that public servants are voiceless and defended, if need be, by their Ministers or the Govt.
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[What is your intention with dumping YT clips here without any commentary or clear (political) point? Lift your game – Incognito]
Mod note
It speaks for itself, oh! does it run counter to the narrative you like to share on here? Zelensky is admitting to Nazis being in charge and American mercenaries in Ukraine in 2014, an inconvenient truth. Is that explanation enough?
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If you want to keep your commenting privileges here this Election Year, you need to lift your game. This is your only warning – Incognito]
Mod note
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Well I'm sure it's great for Adelaide ship-building teams, but no I'm not particularly impressed by nuclear-armed submarines in the South Pacific, whether they are run by Australia or not.
Biden To Announce Deal For Australia Nuclear-Powered Attack Submarines | HuffPost Latest News
It obviously asks what role our new Poseidons will have in this.
I sure don't feel the need to be a Peacenik but WTF to the proliferation of nuclear arms into Australasia.
Biden himself has reiterated that the Aussie subs will be nuclear powered but NOT nuclear armed.
https://www.whitehouse.gov/briefing-room/statements-releases/2023/03/13/fact-sheet-trilateral-australia-uk-us-partnership-on-nuclear-powered-submarines/
Our nations have made clear commitments to meet these objectives, including that:
Though the rotational force may be problematic:
Guess we will just have to look for Aussie flags flying from the periscope?
The point is to extend the range of their subs – now basically a coast guard, to take out any foreign military ships trying to land.
Nuclear powered ones can be at sea for longer (thus more at the same time), and thus participate in any engagement further afield.
There purpose is the containment of Chinese military/navy (to the sea off China-Taiwan) kept away from ASEAN and Japan/South Korea (protect other trade routes if there are sanctions on China).
The need for them diminishes (rather than ends) if there is a deal over the future of Taiwan (say formally recognised as part of China from 2049, and only before then if Taipei and Beijing agree to terms over autonomy).
The P8's & the Frigates is always has been Trade Protection which is a wee bit hard to train for in Peacetime as Shipping Companies, Unions & Freight Forwarding services etc don't like getting bossed by the military to do Convoy (Trade Protection) Exercises.
So they practise their respective skill sets within various Allied Surface Battle, Escort & Support Groups.
P8's might get a tad more busy as the various Subs run along in the kermadec trench, which btw is being mapped by the Chinese courtesy of Joint NZ MFAT Funding arrangement!
Going to be some need to review what kind of Navy that NZ wants in future, considering that NZ's economy is an export led & is heavily dependent on have freedom of navigation IRT the various Sea Lanes of Communications to those Export Countries & same same in reverse for all those imports the NZ relies on to keep the economy ticking.
Some very hard questions need to be asked now! At political, defence, economic, trade & foreign affairs level at where NZ goes now?
Or else NZ will get sucked into to this shit sandwich weather it wants too or not & I doubt many here would have the guts or prepared to sacrifice something for Armed Neutrality which "might" avoid NZ from sucked into this vortex of this impending shit sandwich heading this way?
Well said as ever Scud.
Questions for the Australian government;
Is it the Australian government and armed forces intention to respect New Zealand laws?
Is it the Australian government and armed forces intention to keep Australian nuclear powered vessels out of New Zealand administered waters?
Will the Australian government and armed forces publicly agree to keep all non-New Zealand devices and installations, as defined in the relevant New Zealand legislation, out of New Zealand.
Will the Australian government publicly agree not to disregard New Zealand's Nuclear Free laws?
In line with a lawful request of the New Zealand authorities, if specifically asked, whether or not the Australian government and armed forces are operating any nuclear vessel in New Zealand waters, will the Australian authorities agree to provide the New Zealand authorities an answer?
In line with the neither confirm nor deny nuclear policy of both your US and UK AUKUS partners – if specifically asked, will you neither confirm nor deny if you operating any nuclear vessels in New Zealand waters?
A real chewy and entertaining discussion between Katherin Ryan and Patrick Smellie, starting at 12 min. It's on the gap between recent aspirational government planning documents and the reality of implementation. Katherine mentions wider comments as a mix of critique, with a kind of regret for the old Public Service.
RNZ Katherine Ryan interview discussing government transformation policies
Morning Report often brings analytical depth that is missing conspicuously elsewhere. It's due 90% to Ryan's energetic curiosity, without the barbs of Kim Hill, but certainly with a bigger breadth of topic. Her poor brain at night, when does it rest? Whereas one can imagine Kim easily switching off with a stiff G&T.
Sorry, Nine to Noon
Published in the Guardian about the UK. It equally applies here.
https://www.theguardian.com/commentisfree/2023/mar/13/britain-cost-of-living-crisis-bosses-profits-shareholders-workers?CMP=Share_iOSApp_Other