The Government is desperate to make cuts in primary education, closing down special and residential schools and placing high needs children back into their local schools is the next initiative. These children will be supported by “wrap-around services”, but the question is, who will provide them? http://localbodies-bsprout.blogspot.co.nz/2012/06/wrap-around-services-unraveling.html
Poll out in the Herald on Sunday, the vast majority want to retain assets, so no surprise there. Apparently 60% of us want to buy shares, but there is no indication of how many can actually afford to buy the shares (5%?).
On preferred party polling, more trouble for Johnny Sparkles. The Herald is really, really reluctant to say it, but the tide is turning. Bear in mind, Key Research/HOS is the most optimistically blue tinged of the polling companies.
National: 47.9
Labour: 30.4
Greens: 14.8
No result recorded for NZF, but the commentary suggests their vote was below 5%. Peter Dunne is rightly hammered for his sin of ommision:
” … NZ First, Mana and Act have all taken a big hit. Peter Dunne’s United Future didn’t even register.”
National 47.9% (-8.5%)
Labour 30.4% (+6.2%)
Green 14.8% (+2.2%)
ACT 0.5% (nc)
Maori 1.7% (+1.1%)
United Future 0.0% (-0.3%)
Mana 0.2% (-0.1%)
NZ First 3.2% (-0.4%)
Conservative 0.8% (-0.6%)
National’s result is actually above it’s election % (same for Labour and Greens). Small party poll support tends to drop off between elections and doesn’t firm up until within a week or two of an election, as demonstrated by NZF. Can’t read much into that.
[nothing for His Hairness? A typo, surely. Because that last poll was just before the election and significantly out of line with it, the indication is that the Herald poll significantly over polls National and under polls Labour. So, it’s stupid to compare this result against the election result. With any single poll, you want to look at the trend in that poll, not the absolute numbers vs other measures of support. Eddie]
Trends are semi important for the large parties but there’s a lot of other factors – like how often the polls are taken, and when the last one was.
I doubt Winston Peters will give a hoot about the NZF trend. He targets one month prior to an election, the trend through that period is what’s criticval, the rest don’t matter.
UF have barely registered in most polls for yonks. That means little this far out. As does this:
Projected Seats
– United Future 1
A trend means more if the polls are close together, if they are a long time apart they mean much less.
From what I can see the previous HoS poll was 20.11.11, just prior to the election, where it had National on 56.4 and Labour on 24.2, Greens on 12.6 and NZF on 3.6 – that is nothing like the election result the following week.
Being seven months ago surely it’s hard to deduce any trend. And they only have one other poll listed, 14.10.11 – how reliable is a trend from three unevenly spaced polls where the first two were in totally different circumstances, in the lead up to an election?
100% correct Pete, the trend means more when they are close together. So what do 5 Roy Morgans, two or 3 from the telly and now the HoS all confirming National’s slide and UF’s demise coming together in just 3 months tell you?
“A trend means more if the polls are close together, if they are a long time apart they mean much less.”
Ok, you didn’t get it. The timing of the results is not some “other factor” apart from the trend, it’s part of what makes up the trend. Jeez, learn some fucking english, would you?
“From what I can see the previous HoS poll was 20.11.11, just prior to the election, where it had National on 56.4 and Labour on 24.2, Greens on 12.6 and NZF on 3.6 – that is nothing like the election result the following week. “
Which is exactly why you’re an idiot if you compare the recent poll with the election result and conclude that National’s support has risen. The HoS poll consistently overestimates National’s support.
It’s reasonable to assume, based on all available information over many polls, that National’s support is considerably lower than this poll indicates. Your own observation above supports this view, which is also consistent with the reasonable conclusions drawn from the trends of all other recent polls.
Spot on, eddie. If I recall correctly, one of the HoS polls before the election had National on 65% support, so their record is patchy at best. However, this one is in line with the last 5 Roy Morgans and the 2 or 3 tv polls over the last 3 months. UF’s dismal result in this poll is not a reflection of a mid term drop, it’s actually only 0.6% away from the actual vote cast in November and again, in line with what the other polls are saying about UF. And what they are saying is “oblivion”.
The real question for the next election is how well the maori party go. If they lose even one seat to Labour, it’s all over for Team Key.
I don’t like to sound overly optimistic but from my own crude rithmatic National are at present polling on the 43% mark,
That gambling site run by the Tories themselves has taken an even more pessimistic view of National as a betting option figuring them now at a miserable 41%, (to all extents and purposes gone-burger in 2014),
NZFirst below the 5%, thats got to be included this day for the humor content, even in its darkest days leading up to and at the 2008 election NZFirst held 4% of the vote,
Having said all that I see no need for any of us to become complacent and such figures should just give us all the impetus to provide even more vocal opposition to the Tories and the Slippery shyster from New York we have as Prime Minister,
What an incoming Government will face after the 2014 election is a Government debt stretched out to the point where further large scale borrowing by that Government becomes extremely problematic,
The view from here is that all opposition party’s should be looking further than simply a capital gains tax as an effort to stifle the speculation in housing,
The state of our economy in 2014/2015 is going to be such that a properly targeted Financial Transactions Tax is seen as the best means of producing surplus in the Government books as well as enabling the Government debt to be paid down,
I suggest that for capital expenditure on infrastructure and social housing Government need resort to creating such monies as needed…
On The Nation yesterday Winston Peters said that the Cullen Fund should be used to buy back the assets (when he’s in Government). That’s nonsense from WP.
The fact is the Cullen Fund is likely to buy as many shares as it can get (up to 10%) as soon as they go on the market.
Just another indication from WP of having the pension fund raided for other purposes then what it is meant for (I bet he is not the only one). In 20-30 years time there will be no money and people have to work til they are 70, perhaps even for all their lives (Dickensian). My god this is so mean and in the disguise of a “good cause”. Meanwhile NZ is becoming more and more an underdeveloped nation and all this with the nodding of the population. Pathetic really, but today’s comments on education are very revealing and do point in the direction NZ is moving.
Going back to Dave Kennedy’s comment, any more cuts and the illiteracy of the kids will even more increase. It would be nothing short of catastrophic for NZ. These comments below from an article this morning. http://www.stuff.co.nz/national/education/7159927/Writing-on-the-wall-for-illiterate-Kiwis
A 2006 survey found 43 per cent of adults with some sort of literacy issue, and half the population with numeracy difficulties.
The European Centre for the Development of Vocational Training says the number of low-skilled jobs will fall by 51 per cent this decade, while highly skilled jobs will increase only 21 per cent.
Last year 31 per cent of students left school without level 2 NCEA, the equivalent of Sixth Form Certificate.
This is the real issue because people who fall behind will not be able to build a future for their community. Looking at other comments on this site, they will not be able to research issues like Asset Sales, they will be easier manipulated by social media and advertising. This is also a reason why the “rich” or whoever can afford it (be it with 3 jobs going) send their kids to private schools.
The European Centre for the Development of Vocational Training says the number of low-skilled jobs will fall by 51 per cent this decade, while highly skilled jobs will increase only 21 per cent.
Uh, highly skilled jobs are going to China and India. Highly skilled does not have to mean here and highly paid.
This report was about NZ and its education outcome. Sorry, but the number of people not able to string a sentence or able to calculate without any aid (provided the can read!) is rising. To get skilled means literate and able to be trained. How do you propose to change the future if the kids are not held on to the learn the basics? There is a worldwide shift from low or no skill where one can get by illiterate. This will and has changed to demands of better educational outcomes to operate the equipment that is provided and more and more hi tech. Read the article and you will understand what I try to say.
Basic literacy and numeracy are key, yes. But in the context that the future is going back to the past, FW. We will need fitter turners more than we will need semiconductor engineers.
And we need an education which arms children with social and communication skills primarily, not “high tech” skills.
BTW ever see a 50 year old use an iPhone or a Windows PC?
That 50 year old was in primary school in 1970. No computers, no internet. No problem.
Argh yes the “knowledge economy”, going along well isn’t it…NZ is forging ahead, along with the rest of the western nations. We can tell from the swaths of out of work young/graduates, as the economies of the world in real terms, have failed, on the back end of the money men cartels!!
FW – Don’t be fooled into thinking that the “tech” is the saviour os us, it simply is not, and will not be.
In fact the more the tech advances, the more stripped down the hunan being becomes, far from the direction most believe that all the “tech’ is taking us…
I was out of cash and needed some money to get by, so I thought I’d sell my car.
A mate of mine said he’d buy it.
It had a full tank of gas, new tyres and the engine ran ok.
I sold it to him for $100.
He used it as a taxi and made heaps of money.
After a while- having to pay my mate to get around, I realised that I needed a car of my own after all.
My mate said I could have my old car back.
The gas tank was empty, the tyres were worn out and the engine was stuffed.
He said I could buy it back for $200.
So far it’s cost me a lot for repairs and still doesn’t run very well,
but at least I’ve got my car back again.
Pretty good value, eh?!
My Asset Sales Story
I sold a car once, and some other assets, to raise a deposit to buy a house. After a while, as I paid off some of the mortgage and inflation and promotion raised my earning, I was able to buy a better car again.
So explain to me how selling what produces our earnings will give us a promotion and a pay increase.
The car you sold was a cost and the other assets were non income producing.
A more accurate analogy would be to have sold your body to a pimp who then used it to generate their own income. After several years your body was worn out and no use to the pimp and you had to pay lots of money to put it right again. The pimp meanwhile kept his money.
PG if your story bore any resemblance to government policy I don’t see it. National (+ klingon parties) won’t use the proceeds to improve NZ’s asset portfolio, they are just going to juice the budget for a few years and then there will be nothing to show for it.
So, Pete, do you think this government is planning to sell the shares in the power companies and in AirNZ, use the funds to reduce debt, and then buy those shares back when things are considered to be looking a bit better?
Rather than going into government coffers, most of the profits head directly overseas. The government woud have made much more money keeping the asset rather than selling it for a one-off payment. And it’s pretty much the most expensive power company in the consumer electricity market.
Thanks for pointing out what a stupid idea selling any other assets would be, pete. Care to share it with the hair-do?
It’s a perfectly valid analogy, Pete. It points out that Dunne and Key want to sell income generating assets and spend the money on non-income generating assets, or worse still on the general running costs of the country.
I know you’re not very good at analogies though. From the way I’ve seen you try to interpret them before, you’re probably thinking ‘what an idiot, the govt hasn’t said anything about buying petrol…’
As for PG What a limp apology for a comment with an underlying theme that goes like this. “I am so clever that I can manage my affairs so well that I don’t feel hardship because I am so clever and hard working, which is all that is needed in this life to succeed. Every clever boy knows that.”
Why is my comment that I put on at 11.15 a.m. after ropata not up there at 9.1.2 where it has some relevance? Instead I have gone down to 9.2 below felix’s at 6.18p.m. It’s makes the comment irrelevant to be so distant from the origin.
Would someone have time to explain how I can avoid this. You might note that I headed my original comment with ropata’s name so tied it, I thought, to the one I was replying to.
Probably other people have had this same thing occurring. It is annoying and makes commenting on comments a waste of time and discouraging. Is that the intention?
ropata
So this means that I should have replied to PG and then added comment to you at the end of one to PG so I could get in cooee of your comment. This is strategic – I’ll have to make plans for my future forays into the blogosphere.
A report on Radionz yesterday on the state of the Spanish oil industry. It is being ruined by the buying power of supermarkets who use this popular and needed item as a loss leader thus forcing down profits for the growers. Also the fudging of labelling to give the idea of higher quality.
Pure virgin labelling should show Acidity 0.3% but the marketing companies extend this classification by adding more processed oil giving 0.3 to 1% acidity, not virgin oil at all. The price being paid in general isn’t enough to fund the already low-paid work force using traditional gathering by shaking the olive branches to drop the fruit on mats underneath. This method allows the good ripening and flavour of good oil.
Australian supermarkets have used milk as a loss leader and had a price war between them for which apparently they didn’t bear the cost. They recouped losses by reducing the prices that farmers thought they were to receive under contract.
This is not new, the Spanish olive oil industry has been monitored for this reason for quite a while now. Don’t forget, Spaniards or for that matter Mediterranean Countries use Olive oil like we do canola and butter. But now that the new owners, the ones who bailed the country out, are in charge this kind of thing will surface. But don’t get fooled, the practice of “loss leader” marketing is well established and works in NZ too – look at the alcohol sales. All it means is that there is a war of shareholding in the food market on and we are the pawns on both side of the equation. We pay less and have no job, no income. So the price has to be cut to “loss leader” level, etc.
Foreign waka
Mmmm too true. Another thing that happens when these food price wars continue is that quality and good nutrition can be lost in favour of cheaper manufacturing procedures, longer shelf life, and poorer quality ingredients.
Already done, look at the “pink slime” mince issue in the US, just the tip of the iceberg. All these long name ingredients which – I would not be surprised to find this with 90% – are industrial waste. Toothpaste – fluoride is one of them.
Shame on the Corrections Department for the conditions they are imposing on prisoners. The prisoners are held at great expense to the taxpayers. They are usually not held for life, but let out eventually back into society – where many continue the schemes their twisted minds obssess about on one part of society, females but not forgetting children animals and old people or foreigners with perceived assets. The so-called Corrections Department doesn’t match its name. It doesn’t attempt to correct just to punish with prisoners locked in for 23 hours a day, with nothing to do. Let’s get it straight, that the Department is the Punishment Department and is an expensive, inefficient and dangerous method of dealing with criminals, dangerous to society. And they should now be allowing Peter Williams Lawyer and rep for the Howard League to talk to the stressed prisoners in the tower.
This is an inhuman, backward way to treat these people. The serially bad should be kept under life control on prison farms where they can work to grow prison food. All should be enabled to learn some skill or project interesting to them (not involving the making of weapons or studying warfare – they already know violence and callousness intimately). The others should go straight into a series of projects with limited time frames, which are not hard to accomplish. These would be chosen to suit their needs and they would pick from such a group.
Learning is hard work and would be a shock to the system for many. By doing something, first based on theoretical or philosophical teaching, then followed by a practical, hands-on thing they would pass the time productively for all, and eventually it would entertain them. Also, the sentence would be suspended when they had achieved a certain number, some being basic school programs they had missed.
Simple sayings, trite or cliche often say it all. The devil makes work for idle hands. Add to that my observation that people are like lettuces, once cut off from good nurturing, they wither. We are just as perishable as lettuces and need care to grow well.
I said that Correction Department doesn’t try to help prisoners, but that is not so, now I think about it. Someone will defend them saying that they do run projects to guide some of their prisoners to better thinking and behaviour. However they then spoil this positive by reducing the remaining humanity in their prisoners until they are full of anger or despair, and then more likely to erupt and strike, injure, kill in prison and out.
This 23 hour lock-up, multiple bunking attitude comes from High Society who wouldn’t demean themselves to commit such coarse criminality, aiming for a higher more complex type. These people are the product of their environment with some nature in the mix. Three ways to improve – one get beside parents with help and respect for the task, two limit addiction suppliers, legalise and tax and control and monitor their businesses, three to encourage prisoners to envisage a different path which would be better for them and society and then give them the help to achieve it.
This 23 hour lock-up, multiple bunking attitude comes from High Society who wouldn’t demean themselves to commit such coarse criminality,
Exactly, and that fits with the way the whole thing was being reported on Radio NZ… ‘They’ll come down when they get sick of it’ as if prisoners are naughty children! ‘They want to see Peter Williams, but we won’t let them’ (because Corrections has its own trained negotiators there… and that seems to be working so well!)
Community Action on Suicide Prevention Education and Research founder Maria Bradshaw […]says the ministry does not disclose the questionnaire’s real purpose to parents, and discourages those conducting the test to tell parents if their child’s scores are borderline or abnormal.
Since 2008 Pharmac figures show a 140 per cent increase in antidepressant prescriptions for 0 to 4-year-olds between 2009 and 2010, and an average 10 per cent increase in mood-stabilising drug prescriptions in the last five years for children aged five and over.
Giving anti-depressants to toddlers is totally wrong IMO – the drugs can be toxic, create dependence and too little is know about the effects on developing brains.
Big pharma may be looking for another market for its wares but that is not a good reason for letting them experiment on NZ’s kids.
The deliberate deception from the ministry and the instruction to those conducting tests to with-hold information from parents is totally unacceptable.
CL – Indeed this issue in fact goes back furher with CASPER playing a key role in keeping it in the public eye.
The use of psychotropic drugs, as it relates to the suicides of young Kiwis is a key issue. Now it looks like they are trying to get the kids hooked up even sooner, and who does this benefit overall – Big Pharma!
Bradshaw, the founder of Casper – Community Action on Suicide Prevention Education and Research – calls the associate minister of health, “Peter Dunne Nothing”, because she says that in the four years he has been responsible for suicide prevention in government “he has done absolutely nothing”.
Giving anti-depressants to toddlers is totally wrong IMO – the drugs can be toxic, create dependence and too little is know about the effects on developing brains.
Drugs should be the last resort IMO. Change of diet is probably the first one and then looking to care, involvement and environment.
Every individual needs a chance to become a person without medical intervention in the form of a psychotropic drug, especially at such young ages. Tests that normalise such interventions are not solving any problems, they are creating them.
I was talking about toddlers, and the “children aged five and over” referred to in the article who are a bit too young to be on the booze – but you have kindly illustrated my point – which was that if your kid ‘fails’ one of these ‘tests’ then next thing you know someone like BernyD is labelling them a future street corner dweller or alcoholic.
The use of psychotropic drugs, as it relates to the suicides of young Kiwis is a key issue. Now it looks like they are trying to get the kids hooked up even sooner, and who does this benefit overall – Big Pharma!</
This is what I mean by applying science.
The Devil is a known commodity, it can be observed, recorded, analysed.
The street corner or bar tender are not.
If everyone in NZ was happy to talk to a professional personality observer, they would find their lives a lot easier to understand.
It may scare them, but at least they’d know why.
And trust me when I say the Devil drug dealer is no psychiatrist all he wants is money.
Furthermore most kids from troubled backgrounds start drinking very young as well.
I include myself in that category, and would’ve appreciated qualified help.
Andrew Little is making a mistake is proposing that the ACC funding model be changed. The ACC has an investment portfolio of about $20b. DO NOT give the Nats a chance to liquidate that: it will only result in tax reduction for the top earners and cost reduction for employers. Andrew Little is taking a short term view, and Shearer will sit on the fence.
The ACC funded model is a Labour Party inter-generational treasure for our children. Like the Hydro Dams, it is wrong cash them in. Pull your head in Andrew Little, show some leadership Shearer.
“But the party’s ACC spokesman, Andrew Little, said it was time for a public debate about funding options, with recent controversy highlighting ACC’s overemphasis on lowering costs rather than meeting claimants’ needs. Under full funding the corporation builds up reserves to cover the current and future costs of existing claims, and is aiming to reach that goal by 2019.” http://www.stuff.co.nz/national/politics/7125792/Premiums-may-drop-in-ACC-rethink
I agree KM that ACC’s reserves should be maintained. Otherwise our young will not only be paying for our future superannuation but also paying for our accidents and our hospital bills …
No matter what the actual costs will have to be met from available resources. What this means in practical terms is an effective slack in the economy that can meet emergency situations. No amount of saving money will change that and, in fact, saving money makes it look like things can be done without diverting from other economic activity. I,e, Christchurch isn’t being rebuilt partially because the saved money isn’t generating a diversion from other economic activity.
Saving money is delusional but, then, our entire financial/economic system is delusional.
It’s not delusional. Each ACC account has its own investment fund and our levies have been topping them up so the income from investments can pay the future cost of existing claims.
To give you an idea what it’s worth; in 2011 investments returned very high sums because of recovering markets but if we discount it back to the risk-free rate of around 5% ACC investment accounts in 2011 would have paid 34% of the work account costs, 24% of the earners account and 49% of the motor vehicle account. That’s total cash outgoings too, including claims and all expenses. The percentages will get higher each year as surpluses are reinvested. That’s what we stand to lose if they nobble our ACC assets and change to pay as you go.
KM
Perhaps there could be an amendment from full to a part-funding model so that we don’t have to carry all tomorrow’s inflated costs on our shoulders today. Even small annual inflation, which is going to happen in a thriving economy, does mount up and we meet its cost as we go along.
Prism, there might be a valid case to move the target date out a few more years. But to remove that strategic target for short term reasons is as much intergenerational theft as selling the Hydro Dams.
Totally with your point KhandallahMan. I was equally pretty shocked to hear Kevin Hague of the Greens suggest that the Greens would simply liquidate the ACC fund, in order to stop a National government from using the fund to privatize ACC. Pretty odd kind of “salt the wells and burn the villages” kind of logic there.
If ACC’s goal really is to be self-funding, I presume that to mean that they generate a fund large enough that the levies will decrease. That’s a cost off business, and a cost of the injured, and a massive cost off the health system. That’s worth keeping a massive fund for.
Little is also spectacularly dumb if he wants to tamper with it. What Labour should avoid is moving from a simple political target (getting a few politicians fired), to a policy one in which they have no clue what success would look like (let’s reinvent ACC).
Labour have no clear policy on this, and you should not re-write an intergenerational contract on the fly.
It’s pretty obvious what it’s about. If they make ACC pay as you go then they can make the outstanding claims liability (OCL) disappear at the stroke of a pen. Presently it’s protected because of accounting rules, if they nobble any of our ACC cash it goes on the books as a deficit. Change the rules and they can grab the cash, book it as a surplus, and leave us paying extortionate levies for an ACC we’ve already paid for.
Neither the left nor the right political parties can be trusted on this IMO. The right want to sell off ACC so they can loot the kitty & enrich themselves, the left want to loot the kitty so they can spend more. It’s the best scheme of its type in the world and they’re all hell-bent on wrecking it for their own selfish ends.
The ACC is a Treasure! A Taonga. Some idiots from National are dicking around with it. The Nats want to sell it or wreck it. Labour should be very very carful not to undermine the unique value proposition of a properly funded ACC. Other countries are copying the historic Labour model.
Hague and the Greens have no maturity of policy development in this space. Andrew Little needs to engage with more experienced MPs and Party policy makers before shooting from the hip in public.
He deserves a good bollicking at the next caucus meeting.
Just imagine if we had a sovereign investment fund that included the ACC fund, the EQC fund, a public Kiwisaver option, and the NZSuperFund, and the (remaining) state companies. Perhaps in part managed by Kiwibank.
Something even bigger than Temasek or Harvard Pension, roaming the earth owning chunks of massive companies, investing with ethical and long term purpose.
Not just producing milk and cheese, but owning supermarket chains.
Not just converting to wind farms, but buying out the turbine manufacturer.
At every point, aggregating the public resources we have into single common purpose.
And imagine that fund being used to enable policy outcomes; a free health system, a fully resilient set of cities, a more confident NZSuperannuation.
The Greens(!) are the only party that have proposed such a fund, well they at least they promised to look into whether one would be worth investigating 🙂 While National just want to use our mineral wealth to subsidize tax cuts for the rich. Kinda what Thatcher did with North Sea gas…
Epic, and surprisingly uplifting. A great topic for defeatists and catastrophists in that he reaffirms individual human agency and choice, both through his own story and through railing against immoral kinds of government. Loved it.
I’d say that’s a serious concern. Was the release of cyanide gas from the grass an effect of the genetic modification or just a random mutation due to local drought conditions?
And sorghum is a popular feed and could have been GMO. The item about the dead cows said that others have had this trouble from the same Tifton85 type. However it shows up on google as a hybrid grass which happens more through breeding and crossing strains than adding and subtracting genetic material of various sorts.
In my humble opinion, today concludes the end of the first chapter of the Egyptian revolution. I know that other people have it divided into sections in regards to original 18 days, elections, parliament and presidential elections, but I don’t subscribe to that. We went into the revolution with the same thinking that people like me had back in 2005: we must remove Mubarak, stop his son from inheriting us, and get democratic elections. All of us had those goals and not a single vision on what to do afterwards, because the removal of Mubarak was such a pipedream. So, you successfully dethrone a tyrant, and you have neither plan nor vision on what to do afterwards, and no real understanding of the regime itself, then, quite naturally, you fall flat on your face, and we have been doing that for the past 18 months. This has been our story: the removal of a dictator and the repercussions that follow. That’s what’s been happening. This ends today, and the new chapter starts, for better or worse
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Hi,Yesterday me and a bunch of friends gathered in front of the TV, ate tortillas, drank wine, and watched the debate between Kamala Harris and Donald Trump.Some of you may have joined in on the live Webworm chat where we shared thoughts, jokes and memes — and a basic glee ...
Hi,Yesterday me and a bunch of friends gathered in front of the TV, ate tortillas, drank wine, and watched the debate between Kamala Harris and Donald Trump.Some of you may have joined in on the live Webworm chat where we shared thoughts, jokes and memes — and a basic glee ...
For paid subscribersNot content with siphoning off $230,000,000 of taxpayers money for his hobby projects - and telling everyone his passion is education and early childcare - an intersection painfully coincidental to the interests of wealthy private families like Sean Plunkett’s1 backers, the Wright Family, Seymour is back in the ...
This is a re-post from Yale Climate Connections by Karin Kirk The Inflation Reduction Act is the Biden administration’s signature climate law and the largest U.S. government investment in reducing climate pollution to date. Among climate advocates, the policy is well-known and celebrated, but beyond that, only a minority of Americans ...
ACC levies are set to rise at more than double the inflation rate targeted by the RBNZ. Photo: Lynn GrievesonKia ora. Long stories short, here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Thursday, September 12:The state-owned monopoly for accident insurance wants ...
We’ve been selected to rock your asses 'til midnightThis is my term, I've shaved off my perm, but it's alrightI solemnly swear to uphold the ConstitutionGot a rock 'n' roll problem? Well we got a solutionLet us be who we am, and let us kick out the jams, yeahKick out ...
Prime Minister Christopher Luxon appears to have given ACT Leader David Seymour more than he has been admitting in the proposals to go forward with a Treaty Principles Bill.All along, Luxon has maintained that the Government is proceeding with the Bill to honour the coalition agreement.But that is quite specific.It ...
Kia ora. Long stories short, here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Wednesday, September 11:Annual migration of New Zealanders rose to a record-high 80,963 in the year to the end of July, which is more than double its pre-Covid levels.Two ...
Hubris is sitting down on election day 2016 to watch that pig Trump get his ass handed to him, and watching the New York Times needle hover for a while over Hillary and then move across to Trump where it remains all night to your gathering horror and dismay. You're ...
The government has a problem: lots of people want information from it all the time. Information about benefits, about superannuation, ACC coverage and healthcare, taxes, jury service, immigration - and that's just the routine stuff. Responding to all of those queries takes a lot of time and costs a lot ...
Synopsis: Today - we explore two different realities. One where National lost. And another - which is the one we are living with here. Note: the footnote on increased fees/taxes may be of interest to some readers.Article open.Subscribe nowIt’s an alternate timeline.Yesterday as news broke that the central North Island ...
Transport Minister Simeon Brown has been soaring high with his hubris of getting on and building motorways but some uncomfortable realities are starting to creep in. Back in July he announced that the government was pushing on with a Northland Expressway using an “accelerated delivery strategy” The Coalition Government is ...
However much I'm falling downNever enoughHowever much I'm falling outNever, never enough!Whatever smile I smile the mostNever enoughHowever I smile I smile the mostSongwriters: Robert James Smith / Simon Gallup / Boris Williams / Porl ThompsonToday in Nick’s Kōrero:A death in the Emergency Department at Rotorua Hospital.A sad homecoming and ...
Kia ora.Last month I proposed restarting The Kākā Project work done before the 2023 election as The Kākā Project of 2026 for 2050 (TKP 26/50), aiming to be up and running before the 2025 Local Government elections, and then in a finalised form by the 2026 General Elections.A couple of ...
Hi,If you’ve read Webworm for a while, you’ll be aware that I’ve spent a lot of time writing about horrific, corrupt megachurches and the shitty men who lead them.And in all of this writing, I think some people have this idea that I hate Christians or Christianity. As I explain ...
In 2023, there were 63,117 full-time public servants earning, on average, $97,200 a year each. All up, that is a cost to the Government of $6.1 billion a year. It’s little wonder, then, that the public service has become a political whipping boy castigated by the Prime Minister and members ...
This is a re-post from This is Not Cool Here’s an example of some of the best kind of climate reporting, especially in that it relates to impacts that will directly affect the audience. WFLA in Tampa conducted a study in collaboration with the Department of Energy, analyzing trends in ...
A riddle wrapped in a mystery inside an enigma, is how Winston Churchill described the Soviet Union in 1939. How might the great man have described the 2024 government of New Zealand, do we think? I can't imagine he would have thought them all that mysterious or enigmatic. I think ...
Ever since Wayne Brown became mayor (nearly two years ago now) he’s been wanting to progress an “integrated transport plan” with the government – which sounded a lot like the previous Auckland Transport Alignment Project (ATAP) with just a different name. It seems like a fair bit of work progressed ...
And they taught usWhoa-oh, black woman, thou shalt not stealI said, hey, yeah, black man, thou shalt not stealWe're gonna civilise your black barbaric livesAnd we teach you how to kneelBut your history couldn't hide the genocideThe hypocrisy to us was realFor your Jesus said you're supposed to giveThe oppressed ...
This is a re-post from Yale Climate Connections In February 2021, several severe storms swept across the United States, culminating with one that the Weather Channel unofficially named Winter Storm Uri. In Texas, Uri knocked out power to over 4.5 million homes and 10 million people. Hundreds of Texans died as a ...
Chris Bishop has enthusiastically dubbed himself and Simeon Brown “the Infra Boys”, but they need to take note of the sums around their roading dreams. Photo: Lynn GrievesonMōrena. Long stories short, here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Tuesday, September ...
In this podcast Selwyn Manning and I talk about what appears to be a particular type of end-game in the long transition to systemic realignment in international affairs, in which the move to a new multipolar order with different characteristics … Continue reading → ...
Just over two years ago, when worries about immediate mass-death from covid had waned, and people started to talk about covid becoming "endemic", I asked various government agencies what work they'd done on the costs of that - and particularly, on the cost of Long Covid. The answer was that ...
For paid subscribers“Aotearoa is not as malleable as they think,” Lynette wrote last week on Homage to Simeon Brown:In my heart/mind, that phrase ricocheted over the next days, translating out to “We are not so malleable.”It gave me comfort. I always felt that we were given an advantage in New ...
All smiles, I know what it takes to fool this townI'll do it 'til the sun goes downAnd all through the nighttimeOh, yeahOh, yeah, I'll tell you what you wanna hearLeave my sunglasses on while I shed a tearIt's never the right timeYeah, yeahSong by SiaLast night there was a ...
This is a guest post by Ben van Bruggen of The Urban Room,.An earlier version of this post appeared on LinkedIn. All images are by Ben. Have you noticed that there’s almost nowhere on Queen Street that invites you to stop, sit outside and enjoy a coffee, let alone ...
Hipkins says when considering tax settings and the size of government, the big question mark is over what happens with the balance between the size of the working-age population and the growing number of Kiwis over the age of 65. Photo: Lynn Grieveson / The KākāMōrena. Long stories short; here’s ...
Hi,One of the things I love the most about Webworm is, well, you. The community that’s gathered around this lil’ newsletter isn’t something I ever expected when I started writing it four years ago — now the comments section is one of my favourite places on the internet. The comments ...
A delay in reappointing a top civil servant may indicate a growing nervousness within the National Party about the potential consequences of David Seymour’s Treaty Principles Bill. Dave Samuels is waiting for reappointment as the Chief Executive of Te Puni Kokiri, but POLITIK understands that what should have been a ...
A listing of 34 news and opinion articles we found interesting and shared on social media during the past week: Sun, September 1, 2024 thru Sat, September 7, 2024. Story of the week Our Story of the Week is about how peopele are not born stupid but can be fooled ...
You act as thoughYou are a blind manWho's crying, crying 'boutAll the virgins that are dyingIn your habitual dreams, you knowSeems you need more sleepBut like a parrot in a flaming treeI know it's pretty hard to seeI'm beginning to wonderIf it's time for a changeSong: Phil JuddThe next line ...
The “double shocks” in post Cold War international affairs. The end of the Cold War fundamentally altered the global geostrategic context. In particular, the end of the nuclear “balance of terror” between the USA and USSR, coupled with the relaxation … Continue reading → ...
Here's a bike on Manchester St, Feilding. I took this photo on Friday night after a very nice dinner at the very nice Vietnamese restaurant, Saigon, on Manchester Street.I thought to myself, Manchester Street? Bicycle? This could be the very spot.To recap from an earlier edition: on a February night ...
Military politics as a distinct “partial regime.” Notwithstanding their peripheral status, national defense offers the raison d’être of the combat function, which their relative vulnerability makes apparent, so military forces in small peripheral democracies must be very conscious of events … Continue reading → ...
If you’re going somewhere, do you maybe take a bit of an interest in the place? Read up a bit on the history, current events, places to see - that sort of thing? Presumably, if you’re taking a trip somewhere, it’s for a reason. But what if you’re going somewhere ...
Long stories short, here’s the top six news items of note in climate news for Aotearoa-NZ this week, and a discussion above between Bernard Hickey and The Kākā’s climate correspondent Cathrine Dyer:The month of August was 1.49˚C warmer than pre-industrial levels, tying with 2023 for the warmest August ever, according ...
The podcast above of the weekly ‘Hoon’ webinar for paying subscribers on Thursday night features co-hosts and talking about the week’s news with:The Kākā’s climate correspondent on the latest climate science on rising temperatures and the debate about how to responde to climate disinformation; and special guest ...
An Infrastructure New Zealand report says we are keeping up with infrastructure better than we might have thought from the grumbling. But the challenge of providing for the future remains.I was astonished to learn that the quantity of our infrastructure has been keeping up with economic growth. Your paper almost ...
Last month, National passed a racist law requiring local councils to remove their Māori wards, or hold a referendum on them at the 2025 local body election. The final councils voted today, and the verdict is in: an overwhelming rejection. Only two councils out of 45 supported National's racist agenda ...
Open to all - happy weekend ahead, friends.Today I just want to be petty. It’s the way I imagine this chap is -Not only as a political persona. But his real-deal inner personality, in all its glory - appears to be pure pettiness & populist driven.Sometimes I wonder if Simeon ...
When National cut health spending and imposed a commissioner on Te Whatu Ora, they claimed that it was necessary because the organisation was bloated and inefficient, with "14 layers of management between the CEO and the patient". But it turns out they were simply lying: Health Minister Shane Reti’s ...
Treasury staff at work: The demand for a new 12-year Government bond was so strong, Treasury decided to double the amount of bonds it sold. Photo: Lynn GrievesonMōrena. Long stories short; here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Friday, September ...
Welcome to another Friday and another roundup of stories that caught our eye this week. As always, this and every post is brought to you by the Greater Auckland crew. If you like our work and you’d like to see more of it, we invite you to join our regular ...
Internal versus external security. Regardless of who rules, large countries can afford to separate external and internal security functions (even if internal control functions predominate under authoritarian regimes). In fact, given the logic of power concentration and institutional centralization of … Continue reading → ...
There's a hole in the river where her memory liesFrom the land of the living to the air and skyShe was coming to see him, but something changed her mindDrove her down to the riverThere is no returnSongwriters: Neil Finn/Eddie RaynerThe king is dead; long live the queen!Yesterday was a ...
My conclusion last week was that The Rings of Power season two represented a major improvement in the series. The writing’s just so much better, and honestly, its major problems are less the result of the current episodes and more creatures arising from season one plot-holes. I found episode three ...
As a child in the 1950s, I thought the British had won the Second World War because that’s what all our comics said. Later on, the films and comics told me that the Americans won the war. In my late teens, I found out that the Soviet Union ...
Open access notablesDiurnal Temperature RangeTrends Differ Below and Above the Melting Point, Pithan & Schatt, Geophysical Research Letters:The globally averaged diurnal temperature range (DTR) has shrunk since the mid-20th century, and climate models project further shrinking. Observations indicate a slowdown or reversal of this trend in recent decades. ...
Photo by Jenny Bess on UnsplashCome and join us for our weekly ‘Hoon’ webinar with paying subscribers to The Kākā for an hour at 5 pm.Jump on this link on YouTube Livestream for our chat about the week’s news with special guests:5.00 pm - 5.10 pm - Bernard and ...
I was interviewed by Mike Hosking at NewstalkZB and a few other media outlets about the NZSIS Security Threat Report released recently. I have long advocated for more transparency, accountability and oversight of the NZ Intelligence Community, and although the … Continue reading → ...
Home, home again to a long warm embrace. Plenty of reasons to be glad to be back.But also, reasons for dejection.You, yes you, Simeon Brown, you odious little oik, you bible thumping petrol-pandering ratfucker weasel. You would be Reason Number One. Well, maybe first among equals with Seymour and Of-Seymour ...
The government introduced a pretty big piece of constitutional legislation today: the Parliament Bill. But rather than the contentious constitutional change (four year terms) pushed by Labour, this merely consolidates the existing legislation covering Parliament - currently scattered across four different Acts - into one piece of legislation. While I ...
Synopsis:Nicola Willis is seeking a new Treasury Boss after Dr Caralee McLiesh’s tenure ends this month. She didn’t listen to McLiesh. Will she listen to the new one?And why is Atlas Network’s Taxpayers Union chiming in?Please consider subscribing or supporting my work. Thanks, Tui.About CaraleeAt the beginning of July, Newsroom ...
The golden days of profit continue for the the Foodstuffs (Pak’n’Save and New World) and Woolworths supermarket duopoly. Photo: Lynn Grieveson / The KākāMōrena. Long stories short; here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Thursday, September 5:The Groceries Commissioner has ...
This is a re-post from The Climate Brink by Andrew DesslerI love thermodynamics. Thermodynamics is like your mom: it may not tell you what you can do, but it damn well tells you what you can’t do. I’ve written a few previous posts that include thermodynamics, like one on air capture of ...
The notion of geopolitical “periphery.” The concept of periphery used here refers strictly to what can be called the geopolitical periphery. Being on the geopolitical periphery is an analytic virtue because it makes for more visible policy reform in response … Continue reading → ...
Fill me up with soundThe world sings with me a million smiles an hourI can see me dancing on my radioI can hear you singing in the blades of grassYellow dandelions on my way to schoolBig Beautiful Sky!Song: Venus Hum.Good morning, all you lovely people, and welcome to the 700th ...
Note: The audio attached to this Webworm compliments today’s newsletter. I collected it as I met people attending a Creed concert. Their opinions may differ to mine. Read more ...
Concerns have been raised that our spy arrangements may mean that intelligence is being shared between Aotearoa and Israel. An urgent inquiry must be launched in response to this. ...
Aotearoa’s Youngest Member of Parliament, and Te Pāti Māori MP, Hana-Rawhiti Maipi-Clarke, will travel to Montreal to accept the One Young World Politician of the Year Award next week. The One Young World Politician of the Year Award was created in 2018 to recognise the most promising young politicians between ...
The Greens welcome today’s long-coming announcement by Pharmac of consultation to remove the special authority renewal criteria for methylphenidate, dexamfetamine and modafinil and to fund lisdexamfetamine. ...
Mema Paremata for Te Tai Tokerau, Mariameno Kapa-Kingi, has reflected on the decisions made by the councils of the North amidst the government’s push to remove Māori Wards and weaken mana whenua representation. “Actions taken by the Kaipara District Council to remove Māori Wards are the embodiment of the eradication ...
On one hand, the Prime Minister has assured Aotearoa that his party will not support the Treaty Principles Bill beyond first reading, but on the other, his Government has already sought advice on holding a referendum on our founding document. ...
New Zealanders needing aged care support and the people who care for them will be worse off if the Government pushes through a flawed and rushed redesign of dementia and aged care. ...
Hundreds of jobs lost as a result of pulp mill closures in the Ruapehu District are a consequence of government inaction in addressing the shortfalls of our electricity network. ...
Te Pāti Māori Co-Leader and MP for Te Tai Hauāuru is devastated for the Ruapehu community following today’s decision to close two Winstone Pulp mills. “My heart goes out to all the workers, their whānau, and the wider Ruapehu community affected by the closure of Winstone Pulp International,” said Ngarewa-Packer. ...
National Party Ministers have a majority in Cabinet and can stop David Seymour’s Treaty Principles Bill, which even the Prime Minister has described as “divisive and unhelpful.” ...
The National Government is so determined to hide the list of potential projects that will avoid environmental scrutiny it has gagged Ministry for the Environment staff from talking about it. ...
Labour has complained to the Te Kawa Mataaho Public Service Commission about the high number of non-disclosure agreements that have effectively gagged staff at Te Whatu Ora Health NZ from talking about anything relating to their work. ...
The Green Party is once again urging the Prime Minister to abandon the Treaty Principles Bill as a letter from more than 400 Christian leaders calls for the proposed legislation to be dropped. ...
Councils across the country have now decided where they stand regarding Māori wards, with a resounding majority in favour of keeping them in what is a significant setback for the Government. ...
The National-led government has been given a clear message from the local government sector, as almost all councils reject the Government’s bid to treat Māori wards different to other wards. ...
The Green Party is unsurprised but disappointed by today’s announcement from the Government that will see our Early Childhood Centre teachers undermined and pay parity pushed further out of reach. ...
The Green Party is calling on the Government to intervene in the supermarket duopoly dominating our supply of groceries following today’s report from the Commerce Commission. ...
Labour backs the call from The Rainbow Support Collective members for mental health funding specifically earmarked for grassroots and peer led community organisations to be set up in a way that they are able to access. ...
As expected, the National Land Transport Programme lacks ambition for our cities and our country’s rail network and puts the majority of investment into roads. ...
Tēnā koutou katoa, Thank you for your warm welcome and for having my colleagues and I here today. Earlier you heard from the Labour Leader, Chris Hipkins, on our vision for the future of infrastructure. I want to build on his comments and provide further detail on some key elements ...
The Green Party says the Government’s new National Land Transport Programme marks another missed opportunity to take meaningful action to fight the climate crisis. ...
The Green Party is calling on the public to support the Ngutu Pare Wrybill not just in this year’s Bird of the Year competition but also in pushing back against policies that could lead to the destruction of its habitat and accelerate its extinction. ...
News that the annual number of building consents granted for new homes fell by more than 20 percent for the year ended July 2024, is bad news for the construction industry. ...
Papā te whatitiri, hikohiko te uira, i kanapu ki te rangi, i whētuki i raro rā, rū ana te whenua e. Uea te pou o tōku whare kia tū tangata he kapua whakairi nāku nā runga o Taupiri. Ko taku kiri ka tōkia ki te anu mātao. E te iwi ...
Today’s Whakaata Māori announcement is yet another colossal failure from Minister Potaka, who has turned his back on te reo Māori, forcing a channel offline, putting whānau out of jobs, and cutting Māori content, says Te Pāti Māori. “A Senior Māori Minister has turned his back on Te Reo Māori. ...
With disability communities still reeling from the diminishing of Whaikaha, a leaked document now reveals another blow with National restricting access to residential care homes. ...
Labour is calling on the Government and Mercury Energy to find a solution to the proposed Winstone Pulp mill closure and save 230 manufacturing jobs. ...
The Green Party has called out the Government for allowing Whakaata Māori to effectively collapse to a shell of its former self as job cuts and programming cuts were announced at the broadcaster today. ...
Today New Zealand First has introduced a Member’s Bill that will restore democratic control over transport management in Auckland City by disestablishing Auckland Transport (AT) and returning control to Auckland Council. The ‘Local Government (Auckland Council) (Disestablishment of Auckland Transport) Amendment Bill’ intends to restore democratic oversight, control, and accountability ...
The failure of the Prime Minister to condemn his Minister for personally attacking the judiciary is another example of this Government riding roughshod over important constitutional rules. ...
New Cabinet policy directives will ensure public agencies prioritise public services on the basis of need and award Government contracts on the basis of public value, Minister for the Public Service Nicola Willis says. “Cabinet Office has today issued a circular to central government organisations setting out the Government’s expectations ...
Police Minister Mark Mitchell will join with Australian Police Ministers and Commissioners at the Police Ministers Council meeting (PMC) today in Melbourne. “The council is an opportunity to come together to discuss a range of issues, gain valuable insights on areas of common interest, and different approaches towards law enforcement ...
The coalition Government has introduced legislation to tackle youth vaping, Associate Health Minister Casey Costello announced today. “The Smokefree Environments and Regulated Products Amendment Bill (No 2) is aimed at preventing youth vaping. “While vaping has contributed to a significant fall in our smoking rates, the rise in youth vaping ...
Regulation Minister David Seymour, Environment Minister Penny Simmonds, and Food Safety Minister Andrew Hoggard have welcomed interest in the agricultural and horticultural products regulatory review. The review by the Ministry for Regulation is looking at how to speed up the process to get farmers and growers access to the safe, ...
Minister of Internal Affairs Brooke van Velden says the Government is moving at pace to ensure lotteries for charitable purposes are allowed to operate online permanently. Charities fundraising online, such as those run by the Heart Foundation, Coastguard NZ, Auckland Rescue Helicopter Trust and local hospices will continue to do ...
Technology companies are among the startups which will benefit from increases to current thresholds of exempt employee share schemes, Science, Innovation and Technology Minister Judith Collins and Revenue Minister Simon Watts say. Tax exempt thresholds for the schemes are increasing as part of the Taxation (Annual Rates for 2024-25, Emergency ...
The path to faster cancer treatment, an increase in immunisation rates, shorter stays in emergency departments and quick assessment and treatments when you are sick has been laid out today. Health Minister Dr Shane Reti has revealed details of how the ambitious health targets the Government has set will be ...
The coalition Government is delivering targeted and structured literacy supports to accelerate learning for struggling readers. From Term 1 2025, $33 million of funding for Reading Recovery and Early Literacy Support will be reprioritised to interventions which align with structured approaches to teaching. “Structured literacy will change the way children ...
With two months until the national apology to survivors of abuse in care, expressions of interest have opened for survivors wanting to attend. “The Prime Minister will deliver a national apology on Tuesday 12 November in Parliament. It will be a very significant day for survivors, their families, whānau and ...
Ehara taku toa i te toa takitahi, engari he toa takitini kē - My success is not mine alone but is the from the strength of the many. Aotearoa New Zealand’s top young speakers are an inspiration for all New Zealanders to learn more about the depth and beauty conveyed ...
The coalition Government is driving confidence in reading and writing in the first years of schooling. “From the first time children step into the classroom, we’re equipping them and teachers with the tools they need to be brilliant in literacy. “From 1 October, schools and kura with Years 0-3 will receive ...
Labour’s misinformation about firearms law is dangerous and disappointing, Associate Justice Minister Nicole McKee says. “Labour and Ginny Andersen have repeatedly said over the past few days that the previous Labour Government completely banned semi-automatic firearms in 2019 and that the Coalition Government is planning to ‘reintroduce’ them. ...
The Government is taking immediate action on a number of steps around New Zealand’s response to mpox, including improving access to vaccine availability so people who need it can do so more easily, Health Minister Dr Shane Reti and Associate Health Minister David Seymour announced today. “Mpox is obviously a ...
Associate Justice Minister David Seymour says Cabinet has agreed to the next steps for the Treaty Principles Bill. “The Treaty Principles Bill provides an opportunity for Parliament, rather than the courts, to define the principles of the Treaty, including establishing that every person is equal before the law,” says Mr Seymour. “Parliament ...
Science, Innovation and Technology Minister Judith Collins today announced a programme to drive Artificial Intelligence (AI) uptake among New Zealand businesses. “The AI Activator will unlock the potential of AI for New Zealand businesses through a range of support, including access to AI research experts, technical assistance, AI tools and resources, ...
The independent rapid review into the Wairoa flooding event on 26 June 2024 has been released, Environment Minister Penny Simmonds, Local Government Minister Simeon Brown and Emergency Management and Recovery Minister Mark Mitchell announced today. “We welcome the review’s findings and recommendations to strengthen Wairoa's resilience against future events,” Ms ...
The Government is sending a clear message to central government agencies that they must prioritise paying invoices in a timely manner, Small Business and Manufacturing Minister Andrew Bayly says. Data released today promotes transparency by publishing the payment times of each central government agency. This data will be published quarterly ...
E te māngai o te Whare Pāremata, kua riro māku te whakaputa i te waka ki waho moana. E te Pirimia tēnā koe.Mr Speaker, it is my privilege to take this adjournment kōrero forward. Prime Minister – thank you for your leadership. Taupiri te maunga Waikato te awa Te Wherowhero ...
Inland Revenue can begin processing GST returns for businesses affected by a historic legislative drafting error, Revenue Minister Simon Watts says. “Inland Revenue has become aware of a legislative drafting error in the GST adjustment rules after changes were made in 2023 which were meant to simplify the process. This ...
More than 80 per cent of New Zealand women being tested have opted for a world-leading self-test for cervical screening since it became available a year ago. Minister of Health Dr Shane Reti and Associate Minister Casey Costello, in her responsibility for Women’s Health, say it’s fantastic to have such ...
Regulation Minister David Seymour welcomes the Ministry for Regulation’s first Strategic Intentions document, which sets out how the Ministry will carry out its work and deliver on its purpose. “I have set up the Ministry for Regulation with three tasks. One, to cut existing red tape with sector reviews. Two, ...
The Education Minister has established a Māori Education Ministerial Advisory Group made up of experienced practitioners to help improve outcomes for Māori learners. “This group will provide independent advice on all matters related to Māori education in both English medium and Māori medium settings. It will focus on the most impactful ways we can lift ...
The Government has welcomed the findings of the recent statutory review into the Guardians of New Zealand Superannuation and the New Zealand Superannuation Fund, Minister of Finance Nicola Willis says. The 5-yearly review, conducted on behalf of Treasury and tabled in Parliament today, found the Guardians of New Zealand Superannuation ...
Defence Minister Judith Collins today welcomed the first of five new C-130J-30 Hercules to arrive in New Zealand at a ceremony at the Royal New Zealand Air Force’s Base Auckland, Whenuapai. “This is an historic day for our New Zealand Defence Force (NZDF) and our nation. The new Hercules fleet ...
Today, September 10 is World Suicide Prevention Day, a time to reflect on New Zealand’s confronting suicide statistics, Mental Health Minister Matt Doocey says. “Every death by suicide is a tragedy – a tragedy that affects far too many of our families and communities in New Zealand. We must do ...
Scholarships awarded to 27 health care students is another positive step forward to boost the future rural health workforce, Associate Health Minister Matt Doocey says. “All New Zealanders deserve timely access to quality health care and this Government is committed to improving health outcomes, particularly for the one in five ...
Associate Health Minister with responsibility for Pharmac David Seymour has welcomed the increased availability of medicines for Kiwis resulting from the Government’s increased investment in Pharmac. “Pharmac operates independently, but it must work within the budget constraints set by the Government,” says Mr Seymour. “When our Government assumed office, New ...
Sport & Recreation Minister Chris Bishop has congratulated New Zealand's Paralympic Team at the conclusion of the Paralympic Games in Paris. “The NZ Paralympic Team's success in Paris included fantastic performances, personal best times, New Zealand records and Oceania records all being smashed - and of course, many Kiwis on ...
A Crown Response Office is being established within the Public Service Commission to drive the Government’s response to the Royal Commission into Abuse in Care. “The creation of an Office within a central Government agency was a key recommendation by the Royal Commission’s final report. “It will have the mandate ...
Minister of Internal Affairs Brooke van Velden says passport processing has returned to normal, and the Department of Internal Affairs [Department] is now advising customers to allow up to two weeks to receive their passport. “I am pleased that passport processing is back at target service levels and the Department ...
Commerce and Consumer Affairs Minister has today announced three new appointments and one reappointment to the Financial Markets Authority (FMA) board. Tracey Berry, Nicholas Hegan and Mariette van Ryn have been appointed for a five-year term ending in August 2029, while Chris Swasbrook, who has served as a board member ...
Attorney-General Hon Judith Collins today announced the appointment of two new District Court judges. The appointees, who will take up their roles at the Manukau Court and the Auckland Court in the Accident Compensation Appeal Jurisdiction, are: Jacqui Clark Judge Clark was admitted to the bar in 1988 after graduating ...
Associate Minister of Finance David Seymour is encouraged by significant improvements to overseas investment decision timeframes, and the enhanced interest from investors as the Government continues to reform overseas investment. “There were about as many foreign direct investment applications in July and August as there was across the six months ...
New Zealand has accepted an invitation to join US-led multi-national space initiative Operation Olympic Defender, Defence Minister Judith Collins announced today. Operation Olympic Defender is designed to coordinate the space capabilities of member nations, enhance the resilience of space-based systems, deter hostile actions in space and reduce the spread of ...
Biosecurity Minister Andrew Hoggard says that a new economic impact analysis report reinforces this government’s commitment to ‘stamp out’ any New Zealand foot and mouth disease incursion. “The new analysis, produced by the New Zealand Institute of Economic Research, shows an incursion of the disease in New Zealand would have ...
5 September 2024 The Government is progressing further reforms to financial services to make it easier for Kiwis to access finance when they need it, Commerce and Consumer Affairs Minister Andrew Bayly says. “Financial services are foundational for economic success and are woven throughout our lives. Without access to finance our ...
As Kiingi Tuheitia Pootatau Te Wherowhero VII is laid to rest today, Prime Minister Christopher Luxon has paid tribute to a leader whose commitment to Kotahitanga will have a lasting impact on our country. “Kiingi Tuheitia was a humble leader who served his people with wisdom, mana and an unwavering ...
Forestry Minister Todd McClay today announced proposals to reform the resource management system that will provide greater certainty for the forestry sector and help them meet environmental obligations. “The Government has committed to restoring confidence and certainty across the sector by removing unworkable regulatory burden created by the previous ...
A major shake-up of building products which will make it easier and more affordable to build is on the way, Building and Construction Minister Chris Penk says. “Today we have introduced legislation that will improve access to a wider variety of quality building products from overseas, giving Kiwis more choice and ...
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Morning. Is this meant to be a politics free Sunday?
didn’t you get the memo?
This is the second ‘weekend social’ this weekend. I got a bit confused for a minute there.
Looks like our open mike and weekend social wires got crossed. Fixed now.
but isn’t today the 24th?
someone should put the cap back on the bottle before things get any worse 🙂
Give that man a 10% pay cut!
My mistake. Too tired last night, brain on autopilot, wires crossed everywhere. All sorted now (I think)…
The Government is desperate to make cuts in primary education, closing down special and residential schools and placing high needs children back into their local schools is the next initiative. These children will be supported by “wrap-around services”, but the question is, who will provide them?
http://localbodies-bsprout.blogspot.co.nz/2012/06/wrap-around-services-unraveling.html
This is going to end up just like our mental health services.
And ACC, Millsy, this government is actively avoiding their responsibility to support our most vulnerable.
Poll out in the Herald on Sunday, the vast majority want to retain assets, so no surprise there. Apparently 60% of us want to buy shares, but there is no indication of how many can actually afford to buy the shares (5%?).
On preferred party polling, more trouble for Johnny Sparkles. The Herald is really, really reluctant to say it, but the tide is turning. Bear in mind, Key Research/HOS is the most optimistically blue tinged of the polling companies.
National: 47.9
Labour: 30.4
Greens: 14.8
No result recorded for NZF, but the commentary suggests their vote was below 5%. Peter Dunne is rightly hammered for his sin of ommision:
” … NZ First, Mana and Act have all taken a big hit. Peter Dunne’s United Future didn’t even register.”
National 47.9% (-8.5%)
Labour 30.4% (+6.2%)
Green 14.8% (+2.2%)
ACT 0.5% (nc)
Maori 1.7% (+1.1%)
United Future 0.0% (-0.3%)
Mana 0.2% (-0.1%)
NZ First 3.2% (-0.4%)
Conservative 0.8% (-0.6%)
http://curiablog.wordpress.com/2012/06/24/herald-on-sunday-key-research-poll-june-2012/
National’s result is actually above it’s election % (same for Labour and Greens). Small party poll support tends to drop off between elections and doesn’t firm up until within a week or two of an election, as demonstrated by NZF. Can’t read much into that.
[nothing for His Hairness? A typo, surely. Because that last poll was just before the election and significantly out of line with it, the indication is that the Herald poll significantly over polls National and under polls Labour. So, it’s stupid to compare this result against the election result. With any single poll, you want to look at the trend in that poll, not the absolute numbers vs other measures of support. Eddie]
Trends are semi important for the large parties but there’s a lot of other factors – like how often the polls are taken, and when the last one was.
I doubt Winston Peters will give a hoot about the NZF trend. He targets one month prior to an election, the trend through that period is what’s criticval, the rest don’t matter.
UF have barely registered in most polls for yonks. That means little this far out. As does this:
Projected Seats
– United Future 1
That trend is stable, but meaningless.
Politicly Gelded looks like Dunne is going to have to change his blue rinse to red green rinse!
“UF have barely registered in most polls for yonks. That means little this far out.”
Quite right, Pete. If UF made you leader just before the election then put you on TV with that worm going again I reckon you’d end up our next PM.
Thanks for that decisive analysis, Pete.
UF are a rubbish party with no credibility. PD gets elected in Ohariu largely because of his personal popularity in the electorate.
“Trends are semi important for the large parties but there’s a lot of other factors – like how often the polls are taken, and when the last one was.”
Jeez Pete, what do you think “trend” means in this context if not movement over time?
You’re getting worse and worse at these “waffle over the gaping hole” comments you know.
A trend means more if the polls are close together, if they are a long time apart they mean much less.
From what I can see the previous HoS poll was 20.11.11, just prior to the election, where it had National on 56.4 and Labour on 24.2, Greens on 12.6 and NZF on 3.6 – that is nothing like the election result the following week.
Being seven months ago surely it’s hard to deduce any trend. And they only have one other poll listed, 14.10.11 – how reliable is a trend from three unevenly spaced polls where the first two were in totally different circumstances, in the lead up to an election?
The trend for UF is spectacularly stable though – no matter what the poll, UF is always on fuck-all. And that includes elections.
Sigh. There is so much wrong with this statement, stochastically, but I’m not even going to bother.
100% correct Pete, the trend means more when they are close together. So what do 5 Roy Morgans, two or 3 from the telly and now the HoS all confirming National’s slide and UF’s demise coming together in just 3 months tell you?
“A trend means more if the polls are close together, if they are a long time apart they mean much less.”
Ok, you didn’t get it. The timing of the results is not some “other factor” apart from the trend, it’s part of what makes up the trend. Jeez, learn some fucking english, would you?
“From what I can see the previous HoS poll was 20.11.11, just prior to the election, where it had National on 56.4 and Labour on 24.2, Greens on 12.6 and NZF on 3.6 – that is nothing like the election result the following week. “
Which is exactly why you’re an idiot if you compare the recent poll with the election result and conclude that National’s support has risen. The HoS poll consistently overestimates National’s support.
It’s reasonable to assume, based on all available information over many polls, that National’s support is considerably lower than this poll indicates. Your own observation above supports this view, which is also consistent with the reasonable conclusions drawn from the trends of all other recent polls.
Spot on, eddie. If I recall correctly, one of the HoS polls before the election had National on 65% support, so their record is patchy at best. However, this one is in line with the last 5 Roy Morgans and the 2 or 3 tv polls over the last 3 months. UF’s dismal result in this poll is not a reflection of a mid term drop, it’s actually only 0.6% away from the actual vote cast in November and again, in line with what the other polls are saying about UF. And what they are saying is “oblivion”.
The real question for the next election is how well the maori party go. If they lose even one seat to Labour, it’s all over for Team Key.
I don’t like to sound overly optimistic but from my own crude rithmatic National are at present polling on the 43% mark,
That gambling site run by the Tories themselves has taken an even more pessimistic view of National as a betting option figuring them now at a miserable 41%, (to all extents and purposes gone-burger in 2014),
NZFirst below the 5%, thats got to be included this day for the humor content, even in its darkest days leading up to and at the 2008 election NZFirst held 4% of the vote,
Having said all that I see no need for any of us to become complacent and such figures should just give us all the impetus to provide even more vocal opposition to the Tories and the Slippery shyster from New York we have as Prime Minister,
What an incoming Government will face after the 2014 election is a Government debt stretched out to the point where further large scale borrowing by that Government becomes extremely problematic,
The view from here is that all opposition party’s should be looking further than simply a capital gains tax as an effort to stifle the speculation in housing,
The state of our economy in 2014/2015 is going to be such that a properly targeted Financial Transactions Tax is seen as the best means of producing surplus in the Government books as well as enabling the Government debt to be paid down,
I suggest that for capital expenditure on infrastructure and social housing Government need resort to creating such monies as needed…
“no indication of how many can actually afford to buy the shares ”
Anyone with KiwiSaver can invest
On The Nation yesterday Winston Peters said that the Cullen Fund should be used to buy back the assets (when he’s in Government). That’s nonsense from WP.
The fact is the Cullen Fund is likely to buy as many shares as it can get (up to 10%) as soon as they go on the market.
Just another indication from WP of having the pension fund raided for other purposes then what it is meant for (I bet he is not the only one). In 20-30 years time there will be no money and people have to work til they are 70, perhaps even for all their lives (Dickensian). My god this is so mean and in the disguise of a “good cause”. Meanwhile NZ is becoming more and more an underdeveloped nation and all this with the nodding of the population. Pathetic really, but today’s comments on education are very revealing and do point in the direction NZ is moving.
Not the same thing. The clue was the word ‘buy’, which was in the question KR/HoS asked.
How does that work in practice?
http://newstalkzb.co.nz/auckland/news/nbpol/292669198-Greens-to-meet-with-ACC-minister-over-12-point-plan
It pains me to say it but those looney greenies arn’t doing a bad job at the moment
Going back to Dave Kennedy’s comment, any more cuts and the illiteracy of the kids will even more increase. It would be nothing short of catastrophic for NZ. These comments below from an article this morning.
http://www.stuff.co.nz/national/education/7159927/Writing-on-the-wall-for-illiterate-Kiwis
A 2006 survey found 43 per cent of adults with some sort of literacy issue, and half the population with numeracy difficulties.
The European Centre for the Development of Vocational Training says the number of low-skilled jobs will fall by 51 per cent this decade, while highly skilled jobs will increase only 21 per cent.
Last year 31 per cent of students left school without level 2 NCEA, the equivalent of Sixth Form Certificate.
This is the real issue because people who fall behind will not be able to build a future for their community. Looking at other comments on this site, they will not be able to research issues like Asset Sales, they will be easier manipulated by social media and advertising. This is also a reason why the “rich” or whoever can afford it (be it with 3 jobs going) send their kids to private schools.
Uh, highly skilled jobs are going to China and India. Highly skilled does not have to mean here and highly paid.
This report was about NZ and its education outcome. Sorry, but the number of people not able to string a sentence or able to calculate without any aid (provided the can read!) is rising. To get skilled means literate and able to be trained. How do you propose to change the future if the kids are not held on to the learn the basics? There is a worldwide shift from low or no skill where one can get by illiterate. This will and has changed to demands of better educational outcomes to operate the equipment that is provided and more and more hi tech. Read the article and you will understand what I try to say.
Basic literacy and numeracy are key, yes. But in the context that the future is going back to the past, FW. We will need fitter turners more than we will need semiconductor engineers.
And we need an education which arms children with social and communication skills primarily, not “high tech” skills.
BTW ever see a 50 year old use an iPhone or a Windows PC?
That 50 year old was in primary school in 1970. No computers, no internet. No problem.
Argh yes the “knowledge economy”, going along well isn’t it…NZ is forging ahead, along with the rest of the western nations. We can tell from the swaths of out of work young/graduates, as the economies of the world in real terms, have failed, on the back end of the money men cartels!!
FW – Don’t be fooled into thinking that the “tech” is the saviour os us, it simply is not, and will not be.
In fact the more the tech advances, the more stripped down the hunan being becomes, far from the direction most believe that all the “tech’ is taking us…
Back to the future it will have to be!
My Asset Sales Story
My Asset Sales Story
I sold a car once, and some other assets, to raise a deposit to buy a house. After a while, as I paid off some of the mortgage and inflation and promotion raised my earning, I was able to buy a better car again.
True.
So explain to me how selling what produces our earnings will give us a promotion and a pay increase.
The car you sold was a cost and the other assets were non income producing.
A more accurate analogy would be to have sold your body to a pimp who then used it to generate their own income. After several years your body was worn out and no use to the pimp and you had to pay lots of money to put it right again. The pimp meanwhile kept his money.
PG if your story bore any resemblance to government policy I don’t see it. National (+ klingon parties) won’t use the proceeds to improve NZ’s asset portfolio, they are just going to juice the budget for a few years and then there will be nothing to show for it.
Well do the sums Peteg and tell us how this scenario is actually going to happen.
We are not selling the car to buy a house, we are selling the business so we can pay off the credit card and give some money to the farmers.
So, Pete, do you think this government is planning to sell the shares in the power companies and in AirNZ, use the funds to reduce debt, and then buy those shares back when things are considered to be looking a bit better?
Cool story bro. Unfortunately what National and Peter Dunne are about to do is more akin to selling the house to put petrol in the car.
That’s another of many ridiculous comparisons. The best/worst I’ve seen is it’s like selling a kidney to buy a dialysis machine.
Here’s a relevant analogy: http://en.wikipedia.org/wiki/Contact_Energy
Very apt indeed.
Rather than going into government coffers, most of the profits head directly overseas. The government woud have made much more money keeping the asset rather than selling it for a one-off payment. And it’s pretty much the most expensive power company in the consumer electricity market.
Thanks for pointing out what a stupid idea selling any other assets would be, pete. Care to share it with the hair-do?
It’s a perfectly valid analogy, Pete. It points out that Dunne and Key want to sell income generating assets and spend the money on non-income generating assets, or worse still on the general running costs of the country.
I know you’re not very good at analogies though. From the way I’ve seen you try to interpret them before, you’re probably thinking ‘what an idiot, the govt hasn’t said anything about buying petrol…’
ropata
A good story – very good analogy.
As for PG What a limp apology for a comment with an underlying theme that goes like this. “I am so clever that I can manage my affairs so well that I don’t feel hardship because I am so clever and hard working, which is all that is needed in this life to succeed. Every clever boy knows that.”
Why is my comment that I put on at 11.15 a.m. after ropata not up there at 9.1.2 where it has some relevance? Instead I have gone down to 9.2 below felix’s at 6.18p.m. It’s makes the comment irrelevant to be so distant from the origin.
Would someone have time to explain how I can avoid this. You might note that I headed my original comment with ropata’s name so tied it, I thought, to the one I was replying to.
Probably other people have had this same thing occurring. It is annoying and makes commenting on comments a waste of time and discouraging. Is that the intention?
Hey I saw your comment (9.2) and appreciated it, but PG got in first (9.1) and everyone replied to him (9.1.x) which shifted yours down lower.
ropata
So this means that I should have replied to PG and then added comment to you at the end of one to PG so I could get in cooee of your comment. This is strategic – I’ll have to make plans for my future forays into the blogosphere.
A report on Radionz yesterday on the state of the Spanish oil industry. It is being ruined by the buying power of supermarkets who use this popular and needed item as a loss leader thus forcing down profits for the growers. Also the fudging of labelling to give the idea of higher quality.
Pure virgin labelling should show Acidity 0.3% but the marketing companies extend this classification by adding more processed oil giving 0.3 to 1% acidity, not virgin oil at all. The price being paid in general isn’t enough to fund the already low-paid work force using traditional gathering by shaking the olive branches to drop the fruit on mats underneath. This method allows the good ripening and flavour of good oil.
Australian supermarkets have used milk as a loss leader and had a price war between them for which apparently they didn’t bear the cost. They recouped losses by reducing the prices that farmers thought they were to receive under contract.
This is not new, the Spanish olive oil industry has been monitored for this reason for quite a while now. Don’t forget, Spaniards or for that matter Mediterranean Countries use Olive oil like we do canola and butter. But now that the new owners, the ones who bailed the country out, are in charge this kind of thing will surface. But don’t get fooled, the practice of “loss leader” marketing is well established and works in NZ too – look at the alcohol sales. All it means is that there is a war of shareholding in the food market on and we are the pawns on both side of the equation. We pay less and have no job, no income. So the price has to be cut to “loss leader” level, etc.
Foreign waka
Mmmm too true. Another thing that happens when these food price wars continue is that quality and good nutrition can be lost in favour of cheaper manufacturing procedures, longer shelf life, and poorer quality ingredients.
Already done, look at the “pink slime” mince issue in the US, just the tip of the iceberg. All these long name ingredients which – I would not be surprised to find this with 90% – are industrial waste. Toothpaste – fluoride is one of them.
Shame on the Corrections Department for the conditions they are imposing on prisoners. The prisoners are held at great expense to the taxpayers. They are usually not held for life, but let out eventually back into society – where many continue the schemes their twisted minds obssess about on one part of society, females but not forgetting children animals and old people or foreigners with perceived assets. The so-called Corrections Department doesn’t match its name. It doesn’t attempt to correct just to punish with prisoners locked in for 23 hours a day, with nothing to do. Let’s get it straight, that the Department is the Punishment Department and is an expensive, inefficient and dangerous method of dealing with criminals, dangerous to society. And they should now be allowing Peter Williams Lawyer and rep for the Howard League to talk to the stressed prisoners in the tower.
This is an inhuman, backward way to treat these people. The serially bad should be kept under life control on prison farms where they can work to grow prison food. All should be enabled to learn some skill or project interesting to them (not involving the making of weapons or studying warfare – they already know violence and callousness intimately). The others should go straight into a series of projects with limited time frames, which are not hard to accomplish. These would be chosen to suit their needs and they would pick from such a group.
Learning is hard work and would be a shock to the system for many. By doing something, first based on theoretical or philosophical teaching, then followed by a practical, hands-on thing they would pass the time productively for all, and eventually it would entertain them. Also, the sentence would be suspended when they had achieved a certain number, some being basic school programs they had missed.
Simple sayings, trite or cliche often say it all. The devil makes work for idle hands. Add to that my observation that people are like lettuces, once cut off from good nurturing, they wither. We are just as perishable as lettuces and need care to grow well.
I said that Correction Department doesn’t try to help prisoners, but that is not so, now I think about it. Someone will defend them saying that they do run projects to guide some of their prisoners to better thinking and behaviour. However they then spoil this positive by reducing the remaining humanity in their prisoners until they are full of anger or despair, and then more likely to erupt and strike, injure, kill in prison and out.
This 23 hour lock-up, multiple bunking attitude comes from High Society who wouldn’t demean themselves to commit such coarse criminality, aiming for a higher more complex type. These people are the product of their environment with some nature in the mix. Three ways to improve – one get beside parents with help and respect for the task, two limit addiction suppliers, legalise and tax and control and monitor their businesses, three to encourage prisoners to envisage a different path which would be better for them and society and then give them the help to achieve it.
Yes that’s how I felt Vicky32.
Ministry ‘hides test’s real purpose’
Giving anti-depressants to toddlers is totally wrong IMO – the drugs can be toxic, create dependence and too little is know about the effects on developing brains.
Big pharma may be looking for another market for its wares but that is not a good reason for letting them experiment on NZ’s kids.
The deliberate deception from the ministry and the instruction to those conducting tests to with-hold information from parents is totally unacceptable.
CL – Indeed this issue in fact goes back furher with CASPER playing a key role in keeping it in the public eye.
The use of psychotropic drugs, as it relates to the suicides of young Kiwis is a key issue. Now it looks like they are trying to get the kids hooked up even sooner, and who does this benefit overall – Big Pharma!
Maria Bradshaw has a nickname for Peter Dunne.
Bradshaw, the founder of Casper – Community Action on Suicide Prevention Education and Research – calls the associate minister of health, “Peter Dunne Nothing”, because she says that in the four years he has been responsible for suicide prevention in government “he has done absolutely nothing”.
Many links to articles below
http://www.scoop.co.nz/archive/index.html?t=Mental%20Health
Better than the street corner
Drugs should be the last resort IMO. Change of diet is probably the first one and then looking to care, involvement and environment.
Well said, but a “Professional” to help would be required.
Individual needs vary
Every individual needs a chance to become a person without medical intervention in the form of a psychotropic drug, especially at such young ages. Tests that normalise such interventions are not solving any problems, they are creating them.
I have too agree with you, self medication is the current result, starting with alcohol
I was talking about toddlers, and the “children aged five and over” referred to in the article who are a bit too young to be on the booze – but you have kindly illustrated my point – which was that if your kid ‘fails’ one of these ‘tests’ then next thing you know someone like BernyD is labelling them a future street corner dweller or alcoholic.
It relates to the original post by muzza …
Not sure where you got five year olds from, Just saying we need to make Psycho analysis less of a social evil and more of a science.
Even the ‘professionals’ admit they are supping with the devil
This is what I mean by applying science.
The Devil is a known commodity, it can be observed, recorded, analysed.
The street corner or bar tender are not.
If everyone in NZ was happy to talk to a professional personality observer, they would find their lives a lot easier to understand.
It may scare them, but at least they’d know why.
And trust me when I say the Devil drug dealer is no psychiatrist all he wants is money.
Furthermore most kids from troubled backgrounds start drinking very young as well.
I include myself in that category, and would’ve appreciated qualified help.
Andrew Little is making a mistake is proposing that the ACC funding model be changed. The ACC has an investment portfolio of about $20b. DO NOT give the Nats a chance to liquidate that: it will only result in tax reduction for the top earners and cost reduction for employers. Andrew Little is taking a short term view, and Shearer will sit on the fence.
The ACC funded model is a Labour Party inter-generational treasure for our children. Like the Hydro Dams, it is wrong cash them in. Pull your head in Andrew Little, show some leadership Shearer.
“But the party’s ACC spokesman, Andrew Little, said it was time for a public debate about funding options, with recent controversy highlighting ACC’s overemphasis on lowering costs rather than meeting claimants’ needs.
Under full funding the corporation builds up reserves to cover the current and future costs of existing claims, and is aiming to reach that goal by 2019.”
http://www.stuff.co.nz/national/politics/7125792/Premiums-may-drop-in-ACC-rethink
I agree KM that ACC’s reserves should be maintained. Otherwise our young will not only be paying for our future superannuation but also paying for our accidents and our hospital bills …
No matter what the actual costs will have to be met from available resources. What this means in practical terms is an effective slack in the economy that can meet emergency situations. No amount of saving money will change that and, in fact, saving money makes it look like things can be done without diverting from other economic activity. I,e, Christchurch isn’t being rebuilt partially because the saved money isn’t generating a diversion from other economic activity.
Saving money is delusional but, then, our entire financial/economic system is delusional.
It’s not delusional. Each ACC account has its own investment fund and our levies have been topping them up so the income from investments can pay the future cost of existing claims.
To give you an idea what it’s worth; in 2011 investments returned very high sums because of recovering markets but if we discount it back to the risk-free rate of around 5% ACC investment accounts in 2011 would have paid 34% of the work account costs, 24% of the earners account and 49% of the motor vehicle account. That’s total cash outgoings too, including claims and all expenses. The percentages will get higher each year as surpluses are reinvested. That’s what we stand to lose if they nobble our ACC assets and change to pay as you go.
And you missed the point.
KM
Perhaps there could be an amendment from full to a part-funding model so that we don’t have to carry all tomorrow’s inflated costs on our shoulders today. Even small annual inflation, which is going to happen in a thriving economy, does mount up and we meet its cost as we go along.
Prism, there might be a valid case to move the target date out a few more years. But to remove that strategic target for short term reasons is as much intergenerational theft as selling the Hydro Dams.
Totally with your point KhandallahMan. I was equally pretty shocked to hear Kevin Hague of the Greens suggest that the Greens would simply liquidate the ACC fund, in order to stop a National government from using the fund to privatize ACC. Pretty odd kind of “salt the wells and burn the villages” kind of logic there.
If ACC’s goal really is to be self-funding, I presume that to mean that they generate a fund large enough that the levies will decrease. That’s a cost off business, and a cost of the injured, and a massive cost off the health system. That’s worth keeping a massive fund for.
Little is also spectacularly dumb if he wants to tamper with it. What Labour should avoid is moving from a simple political target (getting a few politicians fired), to a policy one in which they have no clue what success would look like (let’s reinvent ACC).
Labour have no clear policy on this, and you should not re-write an intergenerational contract on the fly.
It’s pretty obvious what it’s about. If they make ACC pay as you go then they can make the outstanding claims liability (OCL) disappear at the stroke of a pen. Presently it’s protected because of accounting rules, if they nobble any of our ACC cash it goes on the books as a deficit. Change the rules and they can grab the cash, book it as a surplus, and leave us paying extortionate levies for an ACC we’ve already paid for.
Neither the left nor the right political parties can be trusted on this IMO. The right want to sell off ACC so they can loot the kitty & enrich themselves, the left want to loot the kitty so they can spend more. It’s the best scheme of its type in the world and they’re all hell-bent on wrecking it for their own selfish ends.
Noisy scandals, Pullar, Privacy, who said what when, etc and blah blah are distractions. The ACC became under attach when Nick Smith appointed the new Board after National won the 2008 election.
http://www.acc.co.nz/about-acc/overview-of-acc/key-people/ABA00006
The ACC is a Treasure! A Taonga. Some idiots from National are dicking around with it. The Nats want to sell it or wreck it. Labour should be very very carful not to undermine the unique value proposition of a properly funded ACC. Other countries are copying the historic Labour model.
Hague and the Greens have no maturity of policy development in this space. Andrew Little needs to engage with more experienced MPs and Party policy makers before shooting from the hip in public.
He deserves a good bollicking at the next caucus meeting.
Just imagine if we had a sovereign investment fund that included the ACC fund, the EQC fund, a public Kiwisaver option, and the NZSuperFund, and the (remaining) state companies. Perhaps in part managed by Kiwibank.
Something even bigger than Temasek or Harvard Pension, roaming the earth owning chunks of massive companies, investing with ethical and long term purpose.
Not just producing milk and cheese, but owning supermarket chains.
Not just converting to wind farms, but buying out the turbine manufacturer.
At every point, aggregating the public resources we have into single common purpose.
And imagine that fund being used to enable policy outcomes; a free health system, a fully resilient set of cities, a more confident NZSuperannuation.
Call it Kiwifund.
Khandalla, that’s where Labour should be headed.
Now that is something I would support.
The Greens(!) are the only party that have proposed such a fund, well they at least they promised to look into whether one would be worth investigating 🙂 While National just want to use our mineral wealth to subsidize tax cuts for the rich. Kinda what Thatcher did with North Sea gas…
Or in any other as far as I can see!
Dr Michael Burry UCLA Commencement Speech
An outstanding critique of the political, economic and financial situation the world finds itself in.
From one of the world’s top 0.1%.
Epic, and surprisingly uplifting. A great topic for defeatists and catastrophists in that he reaffirms individual human agency and choice, both through his own story and through railing against immoral kinds of government. Loved it.
What to make of this?.
http://www.foodrenegade.com/mutated-gmo-grass-makes-cyanide-kills-cattle-2/
I’d say that’s a serious concern. Was the release of cyanide gas from the grass an effect of the genetic modification or just a random mutation due to local drought conditions?
Came across this and it seems that cyanide poisoning is a drought related feeding problem.
Prussic acid or cyanide poisoning can also be a problem when grazing drought-stunted plants such as sorghum, sorghum hybrids and sudan grass.
And sorghum is a popular feed and could have been GMO. The item about the dead cows said that others have had this trouble from the same Tifton85 type. However it shows up on google as a hybrid grass which happens more through breeding and crossing strains than adding and subtracting genetic material of various sorts.
Sandmonkey (Mahmoud Salem) on the Egyptian elections.
In my humble opinion, today concludes the end of the first chapter of the Egyptian revolution. I know that other people have it divided into sections in regards to original 18 days, elections, parliament and presidential elections, but I don’t subscribe to that. We went into the revolution with the same thinking that people like me had back in 2005: we must remove Mubarak, stop his son from inheriting us, and get democratic elections. All of us had those goals and not a single vision on what to do afterwards, because the removal of Mubarak was such a pipedream. So, you successfully dethrone a tyrant, and you have neither plan nor vision on what to do afterwards, and no real understanding of the regime itself, then, quite naturally, you fall flat on your face, and we have been doing that for the past 18 months. This has been our story: the removal of a dictator and the repercussions that follow. That’s what’s been happening. This ends today, and the new chapter starts, for better or worse
Some choice that was..
A member of the establishment, or some crackpot mullah.
Anyone else having trouble loading thestandard today?
At one point today when I tried to link to a specific commenter, it kept coming up with a post way back in 2008. Can’t remember the title but someone was… wondering why the Leader of the Opposition, John Key always had a cheesy grin on his face.