“Directors at state-owned Mighty River Power will get twice their current rates and collect up to $2400 a day when the business is privatised, according to Treasury papers.
Treasury officials said the directors wanted the Government to bump up fees so they were not seen doing it themselves after the sale. Mighty River will be the first of four state-owned power firms to be part privatised.”
Steven Joyce forgot to mention this. There is no extra work for these directors:just loads more money. I hope Clayton Cosgrave makes some mileage out of it.
[lprent: If you quote it then please link it. Either just drop the raw link in or see the FAQ. ]
Officials warned ministers they were losing quality directors for Crown-owned company boards because the pay was too low.
They told State Owned Enterprises Minister Tony Ryall, who is overseeing the sale, there was a review under way into the fees paid to all directors of companies owned by the taxpayer.
Mr Ryall was told by the Treasury in February the level was likely to be halfway between current levels of $1200 a day and markets rates, which were “up to double this amount”.
It is not just the SOEs being part privatised that are being looked at.
Did I just hear on NatRad that Peter Dunne is going to be away from Parliament for the vote on SOE sales today?
And there was a comment that suggest he has been missing from some of the other votes too?
from what i have seen of late, the National whip has been putting most votes forward.
It takes a lot of spine to sit in the house when voting away the sovereignty of our Nation.
Yep, but as long as he’s letting National dictate his vote in return for stepping aside in Ohariu (hilariously without telling their own candidate) then they might as well do the actual voting too.
Hardly surprising. The weasel wanker wont even outline to the public what the upsides and downsides to the taxpayer are in selling the assets, yet he holds the pivotal vote. How does that work in a supposedly open democracy? Why won’t he explain the benefits and costs? Come on Dunne and PG, why wont Dunne outline the benefits and costs? Explain yourself!
Peter Dunne: “I have not spoken to National Radio at all on this issue. However, as it happens, I have a family-related funeral this afternoon.” (by email)
It won’t make any diffeence whether Dunne is in parliament for the vote or not. Proxy votes are common amongst all parties. The house was over half empty for most MOM debates I saw.
I never saw Hone Harawira there to vote. I doubt that he will get Greens to proxy vote for him if marriage equality comes up.
Dunno, Pete, I would have thought cynically using the funeral of someone you barely know to avoid the gaze of the NZ public as you allow your mates to sell them down the river is the real nasty here, don’t you?
Pete, the fact that Dunne cannot outline the benefits to the taxpayer in selling these assets casts enormous clouds of doubt over his already near-zero credibility.
Why would anyone believe him when he claims he has a funeral to attend?
It is the oldest trick in the book and given his consitent lack of credibility it is the only possible conclusion.
I know you don’t like these sorts of words but imo he is an arrogant wanker and a liar and a coward. Nothing but contempt. Fuck him.
Pete, this is not some be-nice-please thing going on here. It is the sale of electricity to foreign corporates and others which WILL result in rising power prices. As privatisation alreday has.
Old folk already struggling to pay for their winter-warming power will struggle even more. It is completely fucked. It is serious shit. Dunne is a c&#t. I make no apologies for the language and call on others to up the heat.
You think this is just politics as usual? It aint. These things directly impact people’s daily lives. FFS!
i send condolences Pete,
and i would be confident no disrespect to a grieving family was intended by anyone
but today is a rather significant vote for Dunne to be absent from,
atop his handling of a matter that he has been neither direct nor responsible with in public life
it reeks of cowardice and slavery
If his absence is inconsequential, then why has he carefully avoided every debate on the bill?
It appears as if he doesn’t actually wish to be associated with this treacherous act, although the scumbag is happy to vote for it in return for National helping him secure his seat.
Peter Undunne from the UF Party (UnFrocked Party) originally the Commonsense Conscientious Objectors Church. Mission – To object to doing anything that might derail my (our) sweet deal in parliament.
And this from acolyte Pete George who is one that believes we should sit and wait for the almighty to make things right for us.
I think his absence is inconsequential. It’s not his legislation, it’s National’s, so it’s up to them to front this.
He has not heard the saying ‘ The Lord helps those who help themselves.”
Fairfax is apparently bleeding money and is attempting to become more digital. The only problem is that the slump in advertising income from print is greater than the increase in advertising income from digital.
Either it will go broke or it will emerge as a much streamlined and dumber version of itself.
This will mean the blogs will become even more important in the analysis and dissemination of information.
Meanwhile the BBC is also moving towards a much more commercial approach in response to the Cameron government freezing license fees. Are we seeing the death throes of the fourth estate, after a long illness?
BC bosses have told reporters to think of money-making schemes and present them to their line managers at forthcoming job appraisals – raising concerns that the organisation’s prized editorial standards will be compromised by commercial imperatives.
The 2,400 staff working in the BBC’s Global News department, including the BBC World Service, have been told that they must now “exploit new commercial opportunities [and] maximise the value we create with our journalism”.
But the editorial independence of the BBC had been deteriorating for a long time. So this looks likely to accelerate the trend.
One of the things I (strangely) like about this and other blogs (whaleoil etc etc) is that theres no pretending to be neutral. You know what side the blogs are on unlike newspapers and their “neutrality”
Makes for fairer (and more interesting) reporting/opinion
We actually agree on something. Provided the comments section allows people with opposing viewpoints in who are willing to argue (ie not the idiot trolls bleating the same crap repetitively), then the whole thing encourages discussion because people are arguing about the opinion expressed in the post.
It is also why I like reading The Economist. I know precisely where their biases is and they clearly distinguish between their facts and opinions.
Of course there is one significant difference between Whaleoil’s site and here. He doesn’t exactly have interesting comments on his site (mostly consists of grunting how great Cameron is as far as I can tell) and arguing with his opinions is kind of pointless because all you get is the aforesaid grunting. The site should really be called Pigfat…
Not that interesting, quite predictable those “grunts” can’t see past their snouts, and their ancient grey matter cant stray beyond their bigoted thoughts from centuries past.
I’ve seen them (I read the site periodically when something references this site).
Of course I always get astonished when I see that they manage to write a comment that is more than a few lines long.
In the posts that I usually wind up reading the comments for it about this site, it seems to wind up with a whinge by some idiot that I banned for lousy behaviour like trolling a year or so ago merely repeating the same behaviour there. Or Pete George doing his usual two faced commenting about this site. Or Whale wishing I had another heart attack because he has such a wide and generous heart….
You know, nice people quietly discussing the issues of the day (not!)
Doing the public a service no doubt, without a headquarters for these throw-backs to hang out in they would be on the streets committing hate-crimes most probably.
Or Pete George doing his usual two faced commenting about this site
No reference or link for this I notice. That’s because there’s nothing to back up your diss. You could try an essay but it wouldn’t be proof of anything but your verbose typing skills.
The “Whale Army” tend to get more excited about prison rape than anything else. More than anything else, they seem to be mentally challenged. When Pete George posts there in favour of asset sales, this only gets worse.
Celia Wade Brown puts her/Wellington’s case against the government’s local government reform bill currently before parliament. Submissions close July 26:
Wellington mayor Celia Wade-Brown has slammed proposed legislation to rein in local government spending as “ill-considered” and undemocratic.
Wellington City Council has released its draft submission on the Local Government Act 2002 Amendment Bill, which will be debated at the Strategy and Policy Committee meeting on Thursday.
[…]
However, the proposed changes were ill-defined and would undermine the democratic process, she said. They also undermined the commonly accepted functions of local government to promote and enhance public good.
[…]
Poor definitions in the bill would lead to uncertainty within local government, potentially increasing litigation, she said.
The bill also allowed for local authorities to be amalgamated without a poll being held, limiting the opportunity for communities to have their say on local government.
“What Wellington needs is community involvement in decisions, not hierarchical limitations from central government.”
Just another way these bunch of charlatans currently in government, are undermining democracy.
“From there we can go through the process of putting together a marketing campaign and all the fun on the first offering on Mighty River Power,” Mr Key told Newstalk ZB yesterday.
So Shonky thinks it’s ‘fun’ pushing through a sale with unseemly haste that the majority of NZers oppose – says a lot about him really.
After the taxpayer has spent decades building up a system to provide electricity for the nation at cost, it now seems that we will have to compete with massive corporates for the electricity i.e. we will pay the absolute maximum that can possibly be achieved, by fair means or foul. And now that the companies are being privatised the social contract around power generation in this country is being stripped bare.
What are the benefits to selling again Peter Dunne?
It would appear that the incoming Labour / Green government will have its hands full reversing the damage of this current government. Looking at the required agenda::
* rebuilding the role of the “public servant” relationship with those he / she serves…which in effect means ridding the whole public sector of the language and practices of business.
* reinstating public sector pay scales that keep the senior salaries in check, and rids the whole sector of bonuses.
* repeal of the local government reforms started by Bassett in the 80s to reintroduce democracy at a local level, and remove the need for local bodies to serve the private sector (i.e remove LATEs etc).
* buy back / heavily regulate infrastructural services that act as “rentiers” (telecommunications / power / transport), so that the productive economy does not have to pay rapacious sums to non productive sectors.
* devolve the role of Treasury back to the individual departments with a rump body working on macro economic policy.
* Reverse the Reserve Bank Act to heavily regulate financial activity.
* restructure the tertiary education sector away from being a “business”……
I could go on BUT what I am really driving at is that the incoming government has to be ruthlessly counter revolutionary. The Left has to commit to the total rolling back of 30 years of neo liberal nastiness, and create a secure state for the citizens, and a conducive environment for productive enterprise to flourish.
And also increase benefit rates, increase taxation, bring back the 8 hour working day and the 40 hour working week, allow more centralised wage bargaining, have a commitment for the public service to employ people with disabilities and young people…..
The Left has to commit to the total rolling back of 30 years of neo liberal nastiness, and create a secure state for the citizens, and a conducive environment for productive enterprise to flourish.
The thing is why are they in such a hurry to sell now. Even John Key knows that the financial system is collapsing at an alarming rate so selling will just net us soon to be worthless billions of fiat currency on our accounts. Oh wait, he’s not here to help us but to help his bankster mates dump their shite paper in exchange for our real world assets!
😆 Always an interesting read, that blogger’s work. In this one, the writer dances along the line of not offering opinion on guilt or innocence, but instead building a case of motive that could reasonably support an act of murder.
Haven’t paid much attention to the case myself, but for what I hear in passing in soundbites from the radio etc. Had to laugh at one attempt to play up the gun issue; a mother saying her boy held guns from a young age. I bet he held a spade from a young age too, but holding a gun or a spade, or even just your own hands, doesn’t make you more likely to kill. It seems inconceivable that a family brought so close together by conflict would not know what really happened.
Haven’t paid much attention to the case myself, but for what I hear in passing in soundbites from the radio etc.
I don’t get why the media are so completely obsessed with this case! I have not seen such blanket coverage of a murder since the (alleged) murder of the ‘Blenheim friends’ in 1998… which baffled me just as much.
I always believed that no one could be charged with murder (much less convicted!) in the absence of a body, but it seems I was wrong. Then, we see that as her body has just been found, the poliss are going to investigate the murder of Jayne Furlong, and I ask myself, if the bodies of the ‘Blenheim friends’ have yet to be found, yet their ‘killer’ has been banged up for a decade, why wasn’t Jayne Furlong’s murder investigated?
Is it a class thing?
Auckland’s $98 million public transport ticketing project is in deep trouble, with an admission that a technology supplier to the Super City’s largest bus fleet expects to miss a crucial deadline.
Concern about delays by Snapper Services, supplier of cards and machine readers to its sister company NZ Bus, in making the technology compliant with the Hop ticketing project on about 650 buses has exploded into a strong ultimatum from Auckland Transport lawyers.
[…]
Labour’s transport spokesman, Phil Twyford, blames the “shambles” – disclosed by a letter sent to Snapper by Auckland Transport’s lawyers – on Government interference that let the company work on the scheme despite failing to win the main contract.
“It was the National Government that insisted Snapper be allowed to roll out their card in Auckland well before the implementation of the integrated system,” he said yesterday.
Twyford claimed he has heard via reliable word-of-mouth reports that it was Joyce who intervened to get Snapper the contract it now can’t fulfill because of problems with accessing the appropriate integrating technology.
Twyford said he is submitting a raft of official information requests today, to get some documentation on this.
There’s a number of points wrong with the roll-out of the money cards:
1.) Government interference in the contracting out causing this particular ballsup
2.) Failure by the government to set interoperable standards
3.) Failure by the government to do it itself
This is a money transfer system that really needs to be government owned. The same can be said of EFT-POS.
Some fekker from the spin doctoring / “communications” game has been revving up the NACTs recently, the language has changed. The aim now is to blame the victim excessively, to emphasize help yourself or fekk off. NACT were never brave enough to risk the “nice guys John” image in the polls until recently. Now the veneer is gone their attitude has gone with it.
So from now on its gloves off: you Mr Citizen had better look out for yourself because as far as NACT are concerned you are a target, an unemployed number to be targeted down, an ACC claimant to be targeted off, a public servant to be incented to break regulations to meet a number.. Be responsible and starve responsibly! And remember even if you are an “aspirational” NACT voter you too can fekk off.
“He was previously at the New Zealand Treasury as deputy secretary and treasurer of the Debt Management Office”
–So this guy understands perfectly about how NZ in being ripped off by not issuing its own currency for its own needs. Wheeler worked for the OoDM, so he knows the rip off intimately.
The fact he worked at the WB, serves only to emphasise the depth of what he really knows!
“Treasury officials said the directors wanted the Government to bump up fees so they were not seen doing it themselves after the sale. Mighty River will be the first of four state-owned power firms to be part privatised”
Campbell Live had a good interview with John Key over asset sale Act. Campbell held Key to account and Key got a bit sulky. Key accused Campbell of showing his Financial ignorance. Campbell challenged him to explain why. That was over selling Contact for $7billion but $20 billion has been paid out in dividends.
Then there was Campbell asking 3 times to explain how the shares sold to NZers would stay in NZ. Key did not look happy to be challenged.
Good one John Campbell!
Not online yet.
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This whooping cough story from south Auckland is a good example of the coalition government’s approach to social need – spend money on urging people to get vaccinated but only after you’ve cut the funding to where they could get vaccinated. This has been the case all year with public ...
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Here’s a quick round up of today’s political news:1. MORE FOOD BANKS, CHARITIES, DOMESTIC VIOLENCE SHELTERS AND YOUTH SOCIAL SERVICES SET TO CLOSE OR SCALE BACK AROUND THE COUNTRY AS GOVT CUTS FUNDINGSome of Auckland's largest foodbanks are warning they may need to close or significantly reduce food parcels after ...
Iain Rennie, CNZMSecretary and Chief Executive to the TreasuryDear Secretary, Undue restrictions on restricted briefings This week, the Treasury barred representatives from four organisations, including the New Zealand Council of Trade Unions Te Kauae Kaimahi, from attending the restricted briefing for the Half-Year Economic and Fiscal Update. We had been ...
This is a guest post by Tim Adriaansen, a community, climate, and accessibility advocate.I won’t shut up about climate breakdown, and whenever possible I try to shift the focus of a climate conversation towards solutions. But you’ll almost never hear me give more than a passing nod to ...
A grassroots backlash has forced a backdown from Brown, but he is still eyeing up plenty of tolls for other new roads. And the pressure is on Willis to ramp up the Government’s austerity strategy. Photo: Getty ImagesMōrena. Long stories short, the six things that matter in Aotearoa’s political economy ...
Hi all,I'm pretty overwhelmed by all your messages and emails today; thank you so very much.As much as my newsletter this morning was about money, and we all need to earn money, it was mostly about world domination if I'm honest. 😉I really hate what’s happening to our country, and ...
A listing of 23 news and opinion articles we found interesting and shared on social media during the past week: Sun, December 8, 2024 thru Sat, December 14, 2024. Listing by Category Like last week's summary this one contains the list of articles twice: based on categories and based on ...
I started writing this morning about Hobson’s Pledge, examining the claims they and their supporters make, basically ripping into them. But I kept getting notifications coming through, and not good ones.Each time I looked up, there was another un-subscription message, and I felt a bit sicker at the thought of ...
Once, long before there was Harry and Meghan and Dodi and all those episodes of The Crown, they came to spend some time with us, Charles and Diana. Was there anyone in the world more glamorous than the Princess of Wales?Dazzled as everyone was by their company, the leader of ...
The collective right have a problem.The entire foundation for their world view is antiscientific. Their preferred economic strategies have been disproven. Their whole neoliberal model faces accusations of corporate corruption and worsening inequality. Climate change not only definitely exists, its rapid progression demands an immediate and expensive response in order ...
National has only been in power for a year, but everywhere you look, its choices are taking New Zealand a long way backwards. In no particular order, here are the National Government's Top 50 Greatest Misses of its first year in power. ...
The Government is quietly undertaking consultation on the dangerous Regulatory Standards Bill over the Christmas period to avoid too much attention. ...
The Government’s planned changes to the freedom of speech obligations of universities is little more than a front for stoking the political fires of disinformation and fear, placing teachers and students in the crosshairs. ...
The Ministry of Regulation’s report into Early Childhood Education (ECE) in Aotearoa raises serious concerns about the possibility of lowering qualification requirements, undermining quality and risking worse outcomes for tamariki, whānau, and kaiako. ...
A Bill to modernise the role of Justices of the Peace (JP), ensuring they remain active in their communities and connected with other JPs, has been put into the ballot. ...
Labour will continue to fight unsustainable and destructive projects that are able to leap-frog environment protection under National’s Fast-track Approvals Bill. ...
The Green Party has warned that a Green Government will revoke the consents of companies who override environmental protections as part of Fast-Track legislation being passed today. ...
The Green Party says the Half Year Economic and Fiscal Update shows how the Government is failing to address the massive social and infrastructure deficits our country faces. ...
The Government’s latest move to reduce the earnings of migrant workers will not only hurt migrants but it will drive down the wages of Kiwi workers. ...
Te Pāti Māori has this morning issued a stern warning to Fast-Track applicants with interests in mining, pledging to hold them accountable through retrospective liability and to immediately revoke Fast-Track consents under a future Te Pāti Māori government. This warning comes ahead of today’s third reading of the Fast-Track Approvals ...
The Government’s announcement today of a 1.5 per cent increase to minimum wage is another blow for workers, with inflation projected to exceed the increase, meaning it’s a real terms pay reduction for many. ...
All the Government has achieved from its announcement today is to continue to push responsibility back on councils for its own lack of action to help bring down skyrocketing rates. ...
The Government has used its final post-Cabinet press conference of the year to punch down on local government without offering any credible solutions to the issues our councils are facing. ...
The Government has failed to keep its promise to ‘super charge’ the EV network, delivering just 292 chargers - less than half of the 670 chargers needed to meet its target. ...
The Green Party is calling for the Government to stop subsidising the largest user of the country’s gas supplies, Methanex, following a report highlighting the multi-national’s disproportionate influence on energy prices in Aotearoa. ...
The Green Party is appalled with the Government’s new child poverty targets that are based on a new ‘persistent poverty’ measure that could be met even with an increase in child poverty. ...
New independent analysis has revealed that the Government’s Emissions Reduction Plan (ERP) will reduce emissions by a measly 1 per cent by 2030, failing to set us up for the future and meeting upcoming targets. ...
The loss of 27 kaimahi at Whakaata Māori and the end of its daily news bulletin is a sad day for Māori media and another step backwards for Te Tiriti o Waitangi justice. ...
Yesterday the Government passed cruel legislation through first reading to establish a new beneficiary sanction regime that will ultimately mean more households cannot afford the basic essentials. ...
Today's passing of the Government's Residential Tenancies Amendment Bill–which allows landlords to end tenancies with no reason–ignores the voice of the people and leaves renters in limbo ahead of the festive season. ...
After wasting a year, Nicola Willis has delivered a worse deal for the Cook Strait ferries that will end up being more expensive and take longer to arrive. ...
Green Party co-leader Chlöe Swarbrick has today launched a Member’s Bill to sanction Israel for its unlawful presence in the Occupied Palestinian Territory, as the All Out For Gaza rally reaches Parliament. ...
After years of advocacy, the Green Party is very happy to hear the Government has listened to our collective voices and announced the closure of the greyhound racing industry, by 1 August 2026. ...
In response to a new report from ERO, the Government has acknowledged the urgent need for consistency across the curriculum for Relationship and Sexuality Education (RSE) in schools. ...
The Green Party is appalled at the Government introducing legislation that will make it easier to penalise workers fighting for better pay and conditions. ...
Thank you for the invitation to speak with you tonight on behalf of the political party I belong to - which is New Zealand First. As we have heard before this evening the Kinleith Mill is proposing to reduce operations by focusing on pulp and discontinuing “lossmaking paper production”. They say that they are currently consulting on the plan to permanently shut ...
Auckland Central MP, Chlöe Swarbrick, has written to Mayor Wayne Brown requesting he stop the unnecessary delays on St James Theatre’s restoration. ...
Kiwis planning a swim or heading out on a boat this summer should remember to stop and think about water safety, Sport & Recreation Minister Chris Bishop and ACC and Associate Transport Minister Matt Doocey say. “New Zealand’s beaches, lakes and rivers are some of the most beautiful in the ...
The Government is urging Kiwis to drive safely this summer and reminding motorists that Police will be out in force to enforce the road rules, Transport Minister Simeon Brown says.“This time of year can be stressful and result in poor decision-making on our roads. Whether you are travelling to see ...
Health Minister Dr Shane Reti says Health New Zealand will move swiftly to support dozens of internationally-trained doctors already in New Zealand on their journey to employment here, after a tripling of sought-after examination places. “The Medical Council has delivered great news for hardworking overseas doctors who want to contribute ...
Prime Minister Christopher Luxon has appointed Sarah Ottrey to the APEC Business Advisory Council (ABAC). “At my first APEC Summit in Lima, I experienced firsthand the role that ABAC plays in guaranteeing political leaders hear the voice of business,” Mr Luxon says. “New Zealand’s ABAC representatives are very well respected and ...
Prime Minister Christopher Luxon has announced four appointments to New Zealand’s intelligence oversight functions. The Honourable Robert Dobson KC has been appointed Chief Commissioner of Intelligence Warrants, and the Honourable Brendan Brown KC has been appointed as a Commissioner of Intelligence Warrants. The appointments of Hon Robert Dobson and Hon ...
Improvements in the average time it takes to process survey and title applications means housing developments can progress more quickly, Minister for Land Information Chris Penk says. “The government is resolutely focused on improving the building and construction pipeline,” Mr Penk says. “Applications to issue titles and subdivide land are ...
The Government’s measures to reduce airport wait times, and better transparency around flight disruptions is delivering encouraging early results for passengers ahead of the busy summer period, Transport Minister Simeon Brown says. “Improving the efficiency of air travel is a priority for the Government to give passengers a smoother, more reliable ...
The Government today announced the intended closure of the Apollo Hotel as Contracted Emergency Housing (CEH) in Rotorua, Associate Housing Minister Tama Potaka says. This follows a 30 per cent reduction in the number of households in CEH in Rotorua since National came into Government. “Our focus is on ending CEH in the Whakarewarewa area starting ...
The Government will reshape vocational education and training to return decision making to regions and enable greater industry input into work-based learning Tertiary Education and Skills Minister, Penny Simmonds says. “The redesigned system will better meet the needs of learners, industry, and the economy. It includes re-establishing regional polytechnics that ...
The Government is taking action to better manage synthetic refrigerants and reduce emissions caused by greenhouse gases found in heating and cooling products, Environment Minister Penny Simmonds says. “Regulations will be drafted to support a product stewardship scheme for synthetic refrigerants, Ms. Simmonds says. “Synthetic refrigerants are found in a ...
People travelling on State Highway 1 north of Hamilton will be relieved that remedial works and safety improvements on the Ngāruawāhia section of the Waikato Expressway were finished today, with all lanes now open to traffic, Transport Minister Simeon Brown says.“I would like to acknowledge the patience of road users ...
Tertiary Education and Skills Minister, Penny Simmonds, has announced a new appointment to the board of Education New Zealand (ENZ). Dr Erik Lithander has been appointed as a new member of the ENZ board for a three-year term until 30 January 2028. “I would like to welcome Dr Erik Lithander to the ...
The Government will have senior representatives at Waitangi Day events around the country, including at the Waitangi Treaty Grounds, but next year Prime Minister Christopher Luxon has chosen to take part in celebrations elsewhere. “It has always been my intention to celebrate Waitangi Day around the country with different ...
Two more criminal gangs will be subject to the raft of laws passed by the Coalition Government that give Police more powers to disrupt gang activity, and the intimidation they impose in our communities, Police Minister Mark Mitchell says. Following an Order passed by Cabinet, from 3 February 2025 the ...
Attorney-General Judith Collins today announced the appointment of Justice Christian Whata as a Judge of the Court of Appeal. Justice Whata’s appointment as a Judge of the Court of Appeal will take effect on 1 August 2025 and fill a vacancy created by the retirement of Hon Justice David Goddard on ...
The latest economic figures highlight the importance of the steps the Government has taken to restore respect for taxpayers’ money and drive economic growth, Finance Minister Nicola Willis says. Data released today by Stats NZ shows Gross Domestic Product fell 1 per cent in the September quarter. “Treasury and most ...
Tertiary Education and Skills Minister Penny Simmonds and Associate Minister of Education David Seymour today announced legislation changes to strengthen freedom of speech obligations on universities. “Freedom of speech is fundamental to the concept of academic freedom and there is concern that universities seem to be taking a more risk-averse ...
Police Minister, Mark Mitchell, and Internal Affairs Minister, Brooke van Velden, today launched a further Public Safety Network cellular service that alongside last year’s Cellular Roaming roll-out, puts globally-leading cellular communications capability into the hands of our emergency responders. The Public Safety Network’s new Cellular Priority service means Police, Wellington ...
State Highway 1 through the Mangamuka Gorge has officially reopened today, providing a critical link for Northlanders and offering much-needed relief ahead of the busy summer period, Transport Minister Simeon Brown says.“The Mangamuka Gorge is a vital route for Northland, carrying around 1,300 vehicles per day and connecting the Far ...
The Government has welcomed decisions by the NZ Transport Agency (NZTA) and Ashburton District Council confirming funding to boost resilience in the Canterbury region, with construction on a second Ashburton Bridge expected to begin in 2026, Transport Minister Simeon Brown says. “Delivering a second Ashburton Bridge to improve resilience and ...
The Government is backing the response into high pathogenic avian influenza (HPAI) in Otago, Biosecurity Minister Andrew Hoggard says. “Cabinet has approved new funding of $20 million to enable MPI to meet unbudgeted ongoing expenses associated with the H7N6 response including rigorous scientific testing of samples at the enhanced PC3 ...
Legislation that will repeal all advertising restrictions for broadcasters on Sundays and public holidays has passed through first reading in Parliament today, Media Minister Paul Goldsmith says. “As a growing share of audiences get their news and entertainment from streaming services, these restrictions have become increasingly redundant. New Zealand on ...
Today the House agreed to Brendan Horsley being appointed Inspector-General of Defence, Justice Minister Paul Goldsmith says. “Mr Horsley’s experience will be invaluable in overseeing the establishment of the new office and its support networks. “He is currently Inspector-General of Intelligence and Security, having held that role since June 2020. ...
Minister of Internal Affairs Brooke van Velden says the Government has agreed to the final regulations for the levy on insurance contracts that will fund Fire and Emergency New Zealand from July 2026. “Earlier this year the Government agreed to a 2.2 percent increase to the rate of levy. Fire ...
The Government is delivering regulatory relief for New Zealand businesses through changes to the Anti-Money Laundering and Countering Financing of Terrorism Act. “The Anti-Money Laundering and Countering Financing of Terrorism Amendment Bill, which was introduced today, is the second Bill – the other being the Statutes Amendment Bill - that ...
Transport Minister Simeon Brown has welcomed further progress on the Hawke’s Bay Expressway Road of National Significance (RoNS), with the NZ Transport Agency (NZTA) Board approving funding for the detailed design of Stage 1, paving the way for main works construction to begin in late 2025.“The Government is moving at ...
The Government today released a request for information (RFI) to seeking interest in partnerships to plant trees on Crown-owned land with low farming and conservation value (excluding National Parks) Forestry Minister Todd McClay announced. “Planting trees on Crown-owned land will drive economic growth by creating more forestry jobs in our regions, providing more wood ...
Court timeliness, access to justice, and improving the quality of existing regulation are the focus of a series of law changes introduced to Parliament today by Associate Minister of Justice Nicole McKee. The three Bills in the Regulatory Systems (Justice) Amendment Bill package each improve a different part of the ...
A total of 41 appointments and reappointments have been made to the 12 community trusts around New Zealand that serve their regions, Associate Finance Minister Shane Jones says. “These trusts, and the communities they serve from the Far North to the deep south, will benefit from the rich experience, knowledge, ...
The Government has confirmed how it will provide redress to survivors who were tortured at the Lake Alice Psychiatric Hospital Child and Adolescent Unit (the Lake Alice Unit). “The Royal Commission of Inquiry into Abuse in Care found that many of the 362 children who went through the Lake Alice Unit between 1972 and ...
It has been a busy, productive year in the House as the coalition Government works hard to get New Zealand back on track, Leader of the House Chris Bishop says. “This Government promised to rebuild the economy, restore law and order and reduce the cost of living. Our record this ...
“Accelerated silicosis is an emerging occupational disease caused by unsafe work such as engineered stone benchtops. I am running a standalone consultation on engineered stone to understand what the industry is currently doing to manage the risks, and whether further regulatory intervention is needed,” says Workplace Relations and Safety Minister ...
Mehemea he pai mō te tangata, mahia – if it’s good for the people, get on with it. Enhanced reporting on the public sector’s delivery of Treaty settlement commitments will help improve outcomes for Māori and all New Zealanders, Māori Crown Relations Minister Tama Potaka says. Compiled together for the ...
Mr Roger Holmes Miller and Ms Tarita Hutchinson have been appointed to the Charities Registration Board, Community and Voluntary Sector Minister Louise Upston says. “I would like to welcome the new members joining the Charities Registration Board. “The appointment of Ms Hutchinson and Mr Miller will strengthen the Board’s capacity ...
More building consent and code compliance applications are being processed within the statutory timeframe since the Government required councils to submit quarterly data, Building and Construction Minister Chris Penk says. “In the midst of a housing shortage we need to look at every step of the build process for efficiencies ...
Mental Health Minister Matt Doocey is proud to announce the first three recipients of the Government’s $10 million Mental Health and Addiction Community Sector Innovation Fund which will enable more Kiwis faster access to mental health and addiction support. “This fund is part of the Government’s commitment to investing in ...
New Zealand is providing Vanuatu assistance following yesterday's devastating earthquake, Foreign Minister Winston Peters says. "Vanuatu is a member of our Pacific family and we are supporting it in this time of acute need," Mr Peters says. "Our thoughts are with the people of Vanuatu, and we will be ...
The Government welcomes the Commerce Commission’s plan to reduce card fees for Kiwis by an estimated $260 million a year, Commerce and Consumer Affairs Minister Andrew Bayly says.“The Government is relentlessly focused on reducing the cost of living, so Kiwis can keep more of their hard-earned income and live a ...
Regulation Minister David Seymour has welcomed the Early Childhood Education (ECE) regulatory review report, the first major report from the Ministry for Regulation. The report makes 15 recommendations to modernise and simplify regulations across ECE so services can get on with what they do best – providing safe, high-quality care ...
The Government‘s Offshore Renewable Energy Bill to create a new regulatory regime that will enable firms to construct offshore wind generation has passed its first reading in Parliament, Energy Minister Simeon Brown says.“New Zealand currently does not have a regulatory regime for offshore renewable energy as the previous government failed ...
Kick Back has growing concerns about the impact that denying young people access to shelter is having on the mental health and physical safety of the young people we serve. ...
By Litia Cava, FBC News multimedia journalist Fiji Prime Minister Sitiveni Rabuka has revealed how arms and ammunition used to conduct the 1987 military coup were secretly brought into Fiji on board a naval survey ship. Speaking at the commissioning of a new research vessel for the Lands and Mineral ...
Youth advocates are worried tighter rules for emergency housing could lead to someone dying due to the impacts on mental health and physical safety for those denied shelter. ...
“We urge the Health Select Committee to extend the date for submissions,” concluded Rev Bush. “There is too much at stake to leave the outcome of this review only in the hands of politicians or those with vested interests.” ...
A separate passport, citizenship and membership of the United Nations are only available to fully independent nations, Winston Peters' office says. ...
By Emma Andrews, Henare te Ua Māori Journalism Intern at RNZ News The New Zealand fuel company Z Energy is swapping out street names for “correct” kupu on service stops around the country, with the help of local hapū. When Z took over 226 fuel sites from Shell in 2010, ...
Summer reissue: Was it a false measurement, a full-blown conspiracy or just some mild incompetence? Mad Chapman uncovers the truth of Maddi Wesche’s final throw. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and ...
Source: The Conversation (Au and NZ) – By Julie Old, Associate Professor, Biology, Zoology, Animal Science, Western Sydney University Dmitry Chulov, Shutterstock At this time of year, images of reindeer are everywhere. I’ve had a soft spot for reindeer ever since I was a little girl. Doesn’t everyone? ...
Source: The Conversation (Au and NZ) – By Grozdana Manalo, Career Services Manager (Education), University of Sydney hedgehog94/Shutterstock Getting casual work over summer, or a part-time job that you might continue once your tertiary course starts, can be a great way to get workplace experience and earn some extra ...
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The NZ Media Council upheld the complaint under principle four: comment and fact On 5 September 2024, The Spinoff published a brief article titled Made in Palestine, found in 1970s Hastings, which highlighted an upcoming art exhibition featuring photographs of vintage cosmetic products labelled “Made in Palestine.” The piece, described ...
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Source: The Conversation (Au and NZ) – By Ari Mattes, Lecturer in Communications and Media, University of Notre Dame Australia Late Night With The Devil. Maslow Entertainment Marketing is critical to the success of commercial films, and companies will often spend half as much again on top of the ...
Source: The Conversation (Au and NZ) – By Francisco Jose Testa, Lecturer in Earth Sciences (Mineralogy, Petrology & Geochemistry), University of Tasmania The Conversation As a kid, it was tough for me to grasp the massive time scale of Earth’s history. Now, with nearly two decades of experience as ...
Te Pāti Māori has had to adopt a new way of debating, operating and even thinking in Parliament in response to the Government’s “onslaught” against te ao Māori, co-leader Debbie Ngarewa-Packer says.In an end-of-year interview with Newsroom, the Te Tai Hauauru MP reflected on how 2024 has differed from her ...
Opinion: The latest Trends in International Mathematics and Science report was announced earlier this month, yet it didn’t get the flurry of media attention and political hand-wringing that typically accompanies these announcements. This might be because it presented good news, or you could argue, no news; the results paint a ...
NewsroomBy Dr Lisa Darragh, Dr Raewyn Eden and Dr David Pomeroy
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Summer reissue: One anxiously attentive passenger pays attention to an in-flight safety video, and wonders ‘Why can’t I pick up my own phone?’ The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up ...
Summer reissue: Why do those Lange-Douglas years cast such a long shadow 40 years on? The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up to be a member today. First published June ...
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best to let our glorious leader speak for himself
http://www.facebook.com/photo.php?fbid=311585338934813&set=a.151176561642359.33626.100002500484061&type=1&ref=nf
Trust him. He is doing what is best for us.
“Directors at state-owned Mighty River Power will get twice their current rates and collect up to $2400 a day when the business is privatised, according to Treasury papers.
Treasury officials said the directors wanted the Government to bump up fees so they were not seen doing it themselves after the sale. Mighty River will be the first of four state-owned power firms to be part privatised.”
Steven Joyce forgot to mention this. There is no extra work for these directors:just loads more money. I hope Clayton Cosgrave makes some mileage out of it.
[lprent: If you quote it then please link it. Either just drop the raw link in or see the FAQ. ]
And BillODrees forgot to mention this:
It is not just the SOEs being part privatised that are being looked at.
And Bill, some people grizzle if you don’t provide links.
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10815503
And I’m sure that we’ll just get other quality directors in even if we do keep the pay low.
Sometimes it’s hard not to avoid thinking the French had the right idea. They haven’t even started the floats and the pigs are at the trough already.
Did I just hear on NatRad that Peter Dunne is going to be away from Parliament for the vote on SOE sales today?
And there was a comment that suggest he has been missing from some of the other votes too?
from what i have seen of late, the National whip has been putting most votes forward.
It takes a lot of spine to sit in the house when voting away the sovereignty of our Nation.
Yep, but as long as he’s letting National dictate his vote in return for stepping aside in Ohariu (hilariously without telling their own candidate) then they might as well do the actual voting too.
Hardly surprising. The weasel wanker wont even outline to the public what the upsides and downsides to the taxpayer are in selling the assets, yet he holds the pivotal vote. How does that work in a supposedly open democracy? Why won’t he explain the benefits and costs? Come on Dunne and PG, why wont Dunne outline the benefits and costs? Explain yourself!
That he is a coward should not surprise.
Peter Dunne: “I have not spoken to National Radio at all on this issue. However, as it happens, I have a family-related funeral this afternoon.” (by email)
It won’t make any diffeence whether Dunne is in parliament for the vote or not. Proxy votes are common amongst all parties. The house was over half empty for most MOM debates I saw.
I never saw Hone Harawira there to vote. I doubt that he will get Greens to proxy vote for him if marriage equality comes up.
cat die?
Family related funeral is probably Dunne’s super secret code for a haircut.
Nastier than usual, it reflects badly on your connections.
Dunno, Pete, I would have thought cynically using the funeral of someone you barely know to avoid the gaze of the NZ public as you allow your mates to sell them down the river is the real nasty here, don’t you?
You’ve dug yourself deeper with a smear allegation which presumably you have no facts to back it up.
“family-related funeral” Says it all, Pete. Not family. Not related. But family-related. Should have just been honest and said “butt covering-related”
Gutless wonder.
Pete, the fact that Dunne cannot outline the benefits to the taxpayer in selling these assets casts enormous clouds of doubt over his already near-zero credibility.
Why would anyone believe him when he claims he has a funeral to attend?
It is the oldest trick in the book and given his consitent lack of credibility it is the only possible conclusion.
I know you don’t like these sorts of words but imo he is an arrogant wanker and a liar and a coward. Nothing but contempt. Fuck him.
Pete, this is not some be-nice-please thing going on here. It is the sale of electricity to foreign corporates and others which WILL result in rising power prices. As privatisation alreday has.
Old folk already struggling to pay for their winter-warming power will struggle even more. It is completely fucked. It is serious shit. Dunne is a c&#t. I make no apologies for the language and call on others to up the heat.
You think this is just politics as usual? It aint. These things directly impact people’s daily lives. FFS!
Do you think power will go up more or less than it has in the last ten years? And why?
more.
To pay the higher directors’ fees and get the investors’/looters’ return on investment.
i send condolences Pete,
and i would be confident no disrespect to a grieving family was intended by anyone
but today is a rather significant vote for Dunne to be absent from,
atop his handling of a matter that he has been neither direct nor responsible with in public life
it reeks of cowardice and slavery
Thanks freedom.
I think his absence is inconsequential. It’s not his legislation, it’s National’s, so it’s up to them to front this.
It’s his vote that’s enabling it.
Peter Dunne, member in absentia
enabling treason with the vote he whored
If his absence is inconsequential, then why has he carefully avoided every debate on the bill?
It appears as if he doesn’t actually wish to be associated with this treacherous act, although the scumbag is happy to vote for it in return for National helping him secure his seat.
ps if he only need to be in the house when debating his own legislation, then what the fuck is he doing there at all?
Peter Undunne from the UF Party (UnFrocked Party) originally the Commonsense Conscientious Objectors Church. Mission – To object to doing anything that might derail my (our) sweet deal in parliament.
And this from acolyte Pete George who is one that believes we should sit and wait for the almighty to make things right for us.
He has not heard the saying ‘ The Lord helps those who help themselves.”
In a continuation of what seems to be an irreversible trend Fairfax has lost three senior editors from the Sydney Morning Herald and from the Melbourne Age. Cost cutting measures mean that its journalist infrastructure is being slashed.
Fairfax is apparently bleeding money and is attempting to become more digital. The only problem is that the slump in advertising income from print is greater than the increase in advertising income from digital.
Either it will go broke or it will emerge as a much streamlined and dumber version of itself.
This will mean the blogs will become even more important in the analysis and dissemination of information.
Meanwhile the BBC is also moving towards a much more commercial approach in response to the Cameron government freezing license fees. Are we seeing the death throes of the fourth estate, after a long illness?
http://www.independent.co.uk/news/media/tv-radio/shock-at-the-bbc-as-reporters-are-told-to-start-making-money-7879748.html
But the editorial independence of the BBC had been deteriorating for a long time. So this looks likely to accelerate the trend.
One of the things I (strangely) like about this and other blogs (whaleoil etc etc) is that theres no pretending to be neutral. You know what side the blogs are on unlike newspapers and their “neutrality”
Makes for fairer (and more interesting) reporting/opinion
We actually agree on something. Provided the comments section allows people with opposing viewpoints in who are willing to argue (ie not the idiot trolls bleating the same crap repetitively), then the whole thing encourages discussion because people are arguing about the opinion expressed in the post.
It is also why I like reading The Economist. I know precisely where their biases is and they clearly distinguish between their facts and opinions.
Of course there is one significant difference between Whaleoil’s site and here. He doesn’t exactly have interesting comments on his site (mostly consists of grunting how great Cameron is as far as I can tell) and arguing with his opinions is kind of pointless because all you get is the aforesaid grunting. The site should really be called Pigfat…
Now we agree with something also lprent.
I read the Economist also and enjoy it but I very very rarely read Slater.
Ditto.
Like Lprent, when I’m referred there, I can hear the strumming of banjos. They’re not exactly a bright bunch…
Isn’t it interesting that readers of whaleoils blog would probably say much the same thing about this site.
Not that interesting, quite predictable those “grunts” can’t see past their snouts, and their ancient grey matter cant stray beyond their bigoted thoughts from centuries past.
I’ve seen them (I read the site periodically when something references this site).
Of course I always get astonished when I see that they manage to write a comment that is more than a few lines long.
In the posts that I usually wind up reading the comments for it about this site, it seems to wind up with a whinge by some idiot that I banned for lousy behaviour like trolling a year or so ago merely repeating the same behaviour there. Or Pete George doing his usual two faced commenting about this site. Or Whale wishing I had another heart attack because he has such a wide and generous heart….
You know, nice people quietly discussing the issues of the day (not!)
Doing the public a service no doubt, without a headquarters for these throw-backs to hang out in they would be on the streets committing hate-crimes most probably.
You mean like the comments on this site advocating death and violence?
Seriously the standard and whaleoil have more similarities then differences.
But thats why I read both
The big difference is that any advocacy of death or violence I’ve seen here is quickly pulled up by the moderators. WhaleSpew seems to glorify them.
No reference or link for this I notice. That’s because there’s nothing to back up your diss. You could try an essay but it wouldn’t be proof of anything but your verbose typing skills.
Pete,
Could you pass on a message to your Leader; http://fmacskasy.wordpress.com/2012/06/26/an-open-letter-to-peter-dunne/
Nothing.
Ha! I’d forgotten that gem. Nice work, McFlock!
“He doesn’t exactly have interesting comments on his site (mostly consists of grunting how great Cameron is as far as I can tell)”
That’s because he writes most of them himself.
I suspect you’re right, Felix. The style of each post is remarkably similar.
The “Whale Army” tend to get more excited about prison rape than anything else. More than anything else, they seem to be mentally challenged. When Pete George posts there in favour of asset sales, this only gets worse.
Celia Wade Brown puts her/Wellington’s case against the government’s local government reform bill currently before parliament. Submissions close July 26:
http://www.stuff.co.nz/dominion-post/news/wellington-central/7166286/Wade-Brown-slams-local-government-reforms
Just another way these bunch of charlatans currently in government, are undermining democracy.
“From there we can go through the process of putting together a marketing campaign and all the fun on the first offering on Mighty River Power,” Mr Key told Newstalk ZB yesterday.
So Shonky thinks it’s ‘fun’ pushing through a sale with unseemly haste that the majority of NZers oppose – says a lot about him really.
Electricity.
I see TrustPower is going to sell its Lake Coleridge hydro power water to farmers for irrigation over winter instead of generating electricity.
Think about the implications …
it’s a win win !!
a win for the power companies ✓
a win for Fonterra ✓
for the rest of NZ, not so much
Ha.
After the taxpayer has spent decades building up a system to provide electricity for the nation at cost, it now seems that we will have to compete with massive corporates for the electricity i.e. we will pay the absolute maximum that can possibly be achieved, by fair means or foul. And now that the companies are being privatised the social contract around power generation in this country is being stripped bare.
What are the benefits to selling again Peter Dunne?
rotten to the core
“winter”……….really???
It would appear that the incoming Labour / Green government will have its hands full reversing the damage of this current government. Looking at the required agenda::
* rebuilding the role of the “public servant” relationship with those he / she serves…which in effect means ridding the whole public sector of the language and practices of business.
* reinstating public sector pay scales that keep the senior salaries in check, and rids the whole sector of bonuses.
* repeal of the local government reforms started by Bassett in the 80s to reintroduce democracy at a local level, and remove the need for local bodies to serve the private sector (i.e remove LATEs etc).
* buy back / heavily regulate infrastructural services that act as “rentiers” (telecommunications / power / transport), so that the productive economy does not have to pay rapacious sums to non productive sectors.
* devolve the role of Treasury back to the individual departments with a rump body working on macro economic policy.
* Reverse the Reserve Bank Act to heavily regulate financial activity.
* restructure the tertiary education sector away from being a “business”……
I could go on BUT what I am really driving at is that the incoming government has to be ruthlessly counter revolutionary. The Left has to commit to the total rolling back of 30 years of neo liberal nastiness, and create a secure state for the citizens, and a conducive environment for productive enterprise to flourish.
+1
And also increase benefit rates, increase taxation, bring back the 8 hour working day and the 40 hour working week, allow more centralised wage bargaining, have a commitment for the public service to employ people with disabilities and young people…..
DoS…
Excellent agenda!
Ditto.
Thirded!
The thing is why are they in such a hurry to sell now. Even John Key knows that the financial system is collapsing at an alarming rate so selling will just net us soon to be worthless billions of fiat currency on our accounts. Oh wait, he’s not here to help us but to help his bankster mates dump their shite paper in exchange for our real world assets!
Ewen Macdonald and rural capitalism:
http://readingthemaps.blogspot.co.nz/2012/06/dozens-of-murder-trials-are-staged-in.html
😆 Always an interesting read, that blogger’s work. In this one, the writer dances along the line of not offering opinion on guilt or innocence, but instead building a case of motive that could reasonably support an act of murder.
Haven’t paid much attention to the case myself, but for what I hear in passing in soundbites from the radio etc. Had to laugh at one attempt to play up the gun issue; a mother saying her boy held guns from a young age. I bet he held a spade from a young age too, but holding a gun or a spade, or even just your own hands, doesn’t make you more likely to kill. It seems inconceivable that a family brought so close together by conflict would not know what really happened.
I don’t get why the media are so completely obsessed with this case! I have not seen such blanket coverage of a murder since the (alleged) murder of the ‘Blenheim friends’ in 1998… which baffled me just as much.
I always believed that no one could be charged with murder (much less convicted!) in the absence of a body, but it seems I was wrong. Then, we see that as her body has just been found, the poliss are going to investigate the murder of Jayne Furlong, and I ask myself, if the bodies of the ‘Blenheim friends’ have yet to be found, yet their ‘killer’ has been banged up for a decade, why wasn’t Jayne Furlong’s murder investigated?
Is it a class thing?
Feel for the family of Scott Guy, having to have their personal business dragged through the media.
I think we need to perhaps have another look at letting cameras in the courtroom…
Seconded!
More cronyism from Joyce? This is what Phil Twyford was alleging in his interview with Kathryn Ryan on RNZ this morning (audio file not yet online)
http://www.radionz.co.nz/national/programmes/ninetonoon/20120626
Article on it here:
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10815481
Twyford claimed he has heard via reliable word-of-mouth reports that it was Joyce who intervened to get Snapper the contract it now can’t fulfill because of problems with accessing the appropriate integrating technology.
Twyford said he is submitting a raft of official information requests today, to get some documentation on this.
There’s a number of points wrong with the roll-out of the money cards:
1.) Government interference in the contracting out causing this particular ballsup
2.) Failure by the government to set interoperable standards
3.) Failure by the government to do it itself
This is a money transfer system that really needs to be government owned. The same can be said of EFT-POS.
Some fekker from the spin doctoring / “communications” game has been revving up the NACTs recently, the language has changed. The aim now is to blame the victim excessively, to emphasize help yourself or fekk off. NACT were never brave enough to risk the “nice guys John” image in the polls until recently. Now the veneer is gone their attitude has gone with it.
So from now on its gloves off: you Mr Citizen had better look out for yourself because as far as NACT are concerned you are a target, an unemployed number to be targeted down, an ACC claimant to be targeted off, a public servant to be incented to break regulations to meet a number.. Be responsible and starve responsibly! And remember even if you are an “aspirational” NACT voter you too can fekk off.
Today I am reminded of a saying I heard from the character of a forty-four year old surfing instructor in a silly Hollywood movie:
Look out world… here I bail!
Great antidote to that twee saying…
Wheeler was employed by the World Bank from 1997 to 2010, his most recent roles included managing director operations from 2006-2010, and vice-president and treasurer from 2001 to 2006.
“He was previously at the New Zealand Treasury as deputy secretary and treasurer of the Debt Management Office”
–So this guy understands perfectly about how NZ in being ripped off by not issuing its own currency for its own needs. Wheeler worked for the OoDM, so he knows the rip off intimately.
The fact he worked at the WB, serves only to emphasise the depth of what he really knows!
Listening to Parliament live on the Radio.
The Bill has been passed….Done……
Fuck it.
New Zealand’s capital base just got smaller again (well, when the sales go through). Aint it grand.
Well, a good excuse to drunk I guess…not that I needed an excuse.
Passed by 1 vote…
Yeah thats a convincing mandate!
The speaker did make mention that a lot of bills pass buy a single vote …not sure to which ones he was referencing.
Yes, sure they do, and often given the votes are already know, thanks to party voting, and cretins like Dunne and Banks in there!
It was really just the 1 fingered salute to the whole sham!
If this does not get people visible and vocal, then they can simply sit back and let the reaming proceeed!
Deleted Double
TC
…pass buy a single vote. Was that a Freudian slip?
Didnt you support the sales?
Shame on Peter Dunne.
“Directors at state-owned Mighty River Power will get twice their current rates and collect up to $2400 a day when the business is privatised, according to Treasury papers”
“Treasury officials said the directors wanted the Government to bump up fees so they were not seen doing it themselves after the sale. Mighty River will be the first of four state-owned power firms to be part privatised”
delete does not seem to be working
Campbell Live had a good interview with John Key over asset sale Act. Campbell held Key to account and Key got a bit sulky. Key accused Campbell of showing his Financial ignorance. Campbell challenged him to explain why. That was over selling Contact for $7billion but $20 billion has been paid out in dividends.
Then there was Campbell asking 3 times to explain how the shares sold to NZers would stay in NZ. Key did not look happy to be challenged.
Good one John Campbell!
Not online yet.