Shearer signed up for sale

Written By: - Date published: 3:18 pm, March 12th, 2013 - 64 comments
Categories: david shearer, john key, Privatisation - Tags:

On Morning Report this morning there was a clip of John Key (in Brazil) saying that David Shearer had signed up to buy shares in Mighty River Power – and he was welcome at the front of the queue like all New Zealanders.

Shortly after there was a rushed response from a Labour spokesperson to say that no Labour MPs, including David Shearer will be buying shares from National’s asset sales.

But it’s turned out that, yes indeed, someone has signed up David Shearer to the sales process.

This raises a number of issues.

As the government is crowing (and getting more free Herald advertising) about a record 290,000 people having signed up, how many of them are real?

Bill English won’t stop going on about the referendum signing up children (did this really happen? Every collector knows those signatures aren’t worth anything), but how many children are among those 290,000?  Presumably that’s okay.  But how many pets (like Queensland Rail)?  How many multiple sign-ups as people try to game more shares with added bonuses?  How many Mickey Mouses?

It’s very easy to sign up – all you need is a name and an email address and to state an NZ town where you live.  You can even do it without an email address if you phone (but then you’ll presumably need a real address).  After you fill out the short form, it asks if you’d like to sign anyone else up.

This is no rigorous exercise (not like manually collecting signatures of correctly enrolled voters with their correctly enrolled address).

What must be rigorous though is John Key’s data collection – how did they know that David Shearer had signed up?  What privacy do people get when they pre-register?  Is this yet another National privacy breach?

64 comments on “Shearer signed up for sale ”

  1. Lightly 1

    I’ve signed just so I can get the docs to read. I’m not buying shares.

    • Lanthanide 1.1

      But you don’t have to sign up to get the docs. They’re going to be available anyway.

      • Bunji 1.1.1

        But if you just put your email address in, they send you the docs without you having to look for them – easy, eh?

        • Lanthanide 1.1.1.1

          Going out of your way to do something now, vs going out of your way to do something later.

          It’s not like these things are going to be really hard to find later, either. I’m sure they’ll be up on the same site that you go to now to pre-register your interest.

        • Malcolm 1.1.1.2

          They also put your details in to a nice database they can sell on to the v1agr4 sellers.

  2. ad 2

    And now to the moral quandary we’re all about to ask:

    Can one both be against asset sales, and also ask for shares in those same assets?

    • tc 2.1

      Yes, be pragmatic and stop them going offshore but be prepared to give them up if we ever get a gov’t with enough bolllocks to buy them back.

    • Why 2.2

      Of course we can, I am.
      If you want the ownership to stay in NZ and the government won’t listen, is there another way?

      • While in general I’d agree, part of the argument for the sale is predicated on kiwi interest in shares. You’d have to make a decision as to whether you want to possibly help the sale to keep a little bit more assets in our hands. (Not that we risk making this policy TOO popular, but it will help the media spin if there’s a lot of demand from local investors, especially small-scale ones)

        • Ed 2.2.1.1

          That nice Mr Key has told us that a large number of pre-registration interest will indicate stronger interest in the shares, which will in turn influence the price that is likely to be able to be obtained. Clearly that price has to be set before people are asked to commit to an application. So it could be said to be our responsibility to all pre-register – if the assets are sold, let them at least be at the highest price possible.

          The other viewpoint of applying for shares and purchasing in order to ensure that more shares stay in New Zealand is also technically valid but also potentially misleading. Relatively few will have the money to do that anyway, and I suspect there will be a temptation to sell out for a good offer from an overseas investor wanting a higher stake . . ..

          So there is no cost and no risk in pre-registration – and it may even mean that you get sent information by email rather than having to download from a website. I don’t go as far as advocating you sign up all in your address book – I assume whoever signed up Shearer is no friend of Labour (does National have friends with the expertise to have done that?), but perhaps we should be encouraging as many as possible to pre-register.

          I look forward to seeing whether risks that have been identified are all covered in the prospectus – perhaps there would be room for a class action against the now deep pocket Directors if they are found to have missed something out . . .

          Personally I believe the risks outweigh the potential benefits, so I will not be buying any shares. Do others think it a good idea to pick up on Key’s hint that we should ramp the market up to skim a little more from investors? I gather that is the way the world of merchant banking (and National politics? )works.

          I have not yet pre-registered – I can’t make up my mind whether I am prepared to be as dishonest as John Key . . .

    • Enough is Enough 2.3

      I think if you can, you should invest to save dividends being paid to Chinese corporates.

      I would rather invest 10k somewhere else but I will spend it on these shares to defeat Natioanal’s agenda of selling our assets to foreigners.

    • LynWiper 2.4

      Moral quandary indeed. After much thought, I don’t believe so ad, although the argument to buy to keep in NZrs hands is compelling.

      Suppose they held an asset sale and nobody pre-registered to buy them. What clearer message could be sent? The greediest who did would be shamed and outed and of insufficient numbers to allow the sale to proceed. That would indeed be power to the people. Unfortunately greed and the fear of missing out will always prevail.

      • ad 2.4.1

        The “empty register” idea means that China and Canada Pension win, or indeed Blackstone, and the shares go out of the country.

        So should NZSuper not buy them?
        Or ACC?
        Or EQC?
        Or Parliamentary Super?
        That’s at the public New Zealand-owned end.

        Or PSA Super?
        That’s local.

        What about Tower and Fisher, or Infratil not buying them?
        They are locally owned companies.

        Why not me?
        Am I not patriotic?

        Should no one here help, or are they indeed to be thrown to the wolves of the world?

        • State-owned investors should definitely go for it, it will help the argument for buyback/nationalisation if some shares can just be recouped by rebalancing the government’s books.

    • fatty 2.5

      no…when buying shares you are justifying the sale and encouraging more sales of other assets.

    • Pete 2.6

      If people want to get into investing in the share market, I wouldn’t recommend putting all their eggs into the one basket of a power company or even several power companies. A unit trust, with all the diversity that brings would be much wiser. There are loads of banks that offer them for an initial investment of $1000, or $20 in the special case of Bonus Bonds (although the dividend payout lottery is a little unconventional).

      The Reserve Bank offers some really good advice for novice investors here (PDF).

  3. ianmac 3

    ” –how did they know that David Shearer had signed up?”
    A good question. Did he get to read it? Perhaps one of Mr Key’s stooges signed it. Of course anyone can download the forms and could fill in any old names to discredit the cause. Goes with the territory I suppose.

    • Whats the betting that Crosby Tex tor are behind this fraudulent Shearer signing. This should be treated serious and exposed. It shows to what extent Tories will go to keep in power.

      • indiana 3.1.1

        I think you dropped your tin foil hat…

        • Te Reo Putake 3.1.1.1

          Jeez, Indiana, do keep up. Postie is, as usual, on the money. This is the kind of thing that C/T get paid to do. OK, its at the lower end of the scale, but bear in mind that Key knew Shearer had been signed up before it became public knowledge. Assuming he didn’t do it himself, somebody did do it and somebody told Key it had been done; why wouldn’t it be his dirty tricks advisors in both cases?

    • Murray Olsen 3.2

      My guess would be that someone like WhaleSpew had signed up as Shearer and then made sure to tell his masters about it. Otherwise, if someone inside the process is paying enough attention to pick out individual names and pass them on to the Prumsta, there is something really sinister happening.

    • Mike 3.3

      I believe Key knew because the person who signed Shearer up used Key’s parliamentary email address.

      • prism 3.3.1

        How interesting. How strong is your belief Mike?

        • alwyn 3.3.1.1

          He can believe it as much as he likes Prism.
          You don’t pre-register by sending an e-mail.
          You do it by going to a web-site that includes a place to do the activity. You can pre-register even if you don’t have an e-mail address.
          The only e-mail address anyone used was David shearer’s one at Parliament.

    • Shaz 3.4

      Yep – once you have added your name it says – “register someone else” – an almost open invitation to game the system or register someone who does not want to register- no need to provide any ID or anything.

      I’m also very suspicious of the supposed valuation exercise for the shares. It would pre-suppose that there is no communication between the firms involved in the share pricing exercise. They have to price low a) for their own benefit and b) so as not to embarrass the government by a failure to sell sufficient shares to individuals .

      Also the PM “cannot say” what will happen if the requisite no of share are not bid for because it would”contravene the securities commission legislation”. The usual situation if a share issue does not meet the investment level required is either the float fails or someone very rich acts as a cornerstone shareholder. As it would be very embarrassing for the float to fail we can assume that the government would either reopen the NZ super fund very quickly to buy the balance or they would be sold overseas. These are further reasons why the people in the pricing exercise can only recommend a fire sale price.

      The so called market disciplines are already in place on what we own in common,.

      Maybe I’m missing something but can anyone explain how this exercise has any legitimacy whatever (even if you discount the wealth transfer from us all to the already rich).

      • alwyn 3.4.1

        You are wrong about the “usual situation if the share level does not meet … ”
        The usual situation is that there is an underwriter who guarantees to take the shares and then gets rid of them later.
        In this case of course the Government could simply hold onto the shares and sell them later on-market.

  4. bad12 4

    From what i have read all the KiwiSaver providers can sign up all their clients so long as those clients fit the Governments criteria for pre-registration in the Mighty River Power share issue, IRD number, NZ residency etc etc etc,

    Companies might also be able sign up to pre-register so long as the majority of their shareholders also fit the Government criteria along with trusts,

    IF what i have read so far is correct then the KiwiSaver accounts will all sign up their individual members thus accounting for the 290,000+ that have said to have already registered an interest,

    Once the shares are sold and the KiwiSaver providers have control of them on behalf of the individual account holders i would expect that the shares will be held until such time as a bonus for having held these shares for X amount of years is paid out by the Government and after this the international banking cartels will gain possession of Mighty River through offering KiwiSaver Providers share swaps in some other over-inflated asset holding entity reliant upon the derivatives market as it’s asset base…

    • Lanthanide 4.1

      ???

      Pre-registration has nothing to do with actually buying the shares.

      To buy the shares as a retail investor, you need your IRD number. If kiwisaver providers are buying shares, they will be doing it as institutional investors and will therefore not get the long-term holding bonus (whatever it ends up being), as that is only open to retail investors.

      If kiwisaver funds were signing their members up for pre-registration, I am very sure that would be a privacy breach.

    • Enough is Enough 4.2

      From what you have read where?

      I think whatever you have read is wrong…

    • Ed 4.3

      My understanding is that Kiwisaver Funds are pooled investments – the shares would be purchased in the name of the fund; once purchased they are owned proportionately (on something ner to a daily basis) by all Ki9wisaver members investing in that fund.

      I don’t know whether Kiwisaver Funds get an allocation based on number of members – I suspect not – they may have to purchase after the float if they want larger number than the fund is allocated as a single investor.

      • Colonial Viper 4.3.1

        There will be specific allocations for large institutions which are handled separately under different rules to the small retail ‘ma and pa’ clients.

        Remember in this game, institutional buyers looking to pick up tens (or hundreds) of millions of dollars worth of shares get a different priority to those looking to pick up $5000 worth.

  5. Blue 5

    Sounds as if it’s as easy to ‘pre-register’ for these shares as it is to comment on a blog. You could sign the entire Labour caucus up if you were of such a mind to do so.

    Given the total lack of any security/control over this process, I won’t be giving any credence to whatever puffed up numbers John Key spouts.

  6. AsleepWhileWalking 6

    Good on David for doing his bit for keeping it in the country AND trying to stop this ridiculous situation from manifesting in the first place. At least he is adaptable.

  7. gobsmacked 7

    Key to Staffer: “You know what to do. Just don’t tell me.”

    Staffer to Sewer: “Dirty Tricks … we got the Green Light.”

    Sewer goes ahead, pre-registers in names of Shearer, Turei, Norman, etc.

    Key in South America: “Look who’s pre-registered! Ha ha!”

    (is anyone surprised? as if this kind of thing never happened before … )

    • stever 7.1

      And now English is saying is was likely the parties themselves that signed their leaders up as some sort of stunt???? And that it was done in jest??

      http://www.radionz.co.nz/news/political/130237/treasury-says-false-sign-up-of-asset-sales-critics-a-'jest

    • Anne 7.2

      You’re on to it for sure gobsmacked.

      Now lets wait for the MSM to go dig up the details so that everybody can see what a pack of liars and cheats Key et al really are…?

      Nah… John Key will deny it all, and the MSM will say It’s alright it was just coincidence. The prime minister has said so…

      • Anne 7.2.1

        Just seen stever’s link.

        So all the opposition parties got together and collectively decided to sign up their leaders in jest. The sad part is the MSM will probably give it credibility…

        • SpaceMonkey 7.2.1.1

          OIC… the opposition parties signed themselves up so they could create a faux-outrage induced media storm in a desperate attempt for media coverage…

    • Lanthanide 7.3

      Time for someone from Labour to say:
      “Just this morning I pre-registered Daffy Duck and Micky Mouse. National likes to tout their massive number of pre-registrations, but for all we know they’re fictional characters”.

    • Don't worry be happy 7.4

      “Has this kind of dirty trick ever happened before”…let’s start a list shall we?

      National MP John Carter phoning John Banks, now ACT MP then National Party Cabinet Minister’s talk back show.

      John Carter pretended to be a Maori dole bludger called Hone and concocted a whole story along the lines of work dodging dole bludger living in luxury on a benefit with John Banks expressing faux horror.

      In most democracies that would have been the end of that lying little sneak’s political career and Banks as well if it was proven that he was in on the smear.

      Not exactly the same I know but more like than different!

  8. Jamea Thrace 8

    Shearer admitted he had received emails to his parliamentary address. No privacy breach, just mumblefuck making a moletain out of a mounhill.

    • Bunji 8.1

      But Key was clipped yesterday referring to it, and David Shearer admitted it today – maybe Shearer phoned up JK in Brazil to tip him off before he went to the media, but it seems odd…

      • Enough is Enough 8.1.1

        Or Key (or more particularly his office) was the one who signed up Mumblefuck to embarass him.

        We are talking about the compulsive lying and corrupt John Key. He is as dodgy as hell and knows exactly how this happened

    • Anne 8.2

      a moletain out of a mounhill

      Now that’s original.

  9. quartz 9

    I wonder if John Key or any of his MPs have signed up.

  10. rod 10

    Hasn’t John got a blind trust to do it all for him?

  11. ianmac 11

    David Shearer received an email confirming his sign up. Therefore someone had access to his computer?

    • emergency mike 11.1

      No. It shows that someone had access to his email address. Which is openly shown on the Labour website.

      “It’s very easy to sign up – all you need is a name and an email address and to state an NZ town where you live.”

      Some people here are speculating that National done it, and Blinglish is saying that it could be an opposition stunt. The truth is that any drunk munter who thought it was a laugh could have ‘signed up’ Shearer & co.

      Which makes a mockery of NAct’s numbers that they are claiming. And if Key is claiming that Shearer has registered that just shows what a dick he is.

      • Te Reo Putake 11.1.1

        “The truth is that any drunk munter who thought it was a laugh could have ‘signed up’ Shearer & co.”

        So your moneys on John Key then?

      • QoT 11.1.2

        They didn’t even need the Labour website, since anyone with half a clue could guess the well-publicised [email protected] formula for MP emails.

  12. BLiP 12

    So, if I sign up, my name can be used by politicians for publicity / mockery purposes? How very National Ltd™ to make such use of otherwise private information.

  13. jaymam 13

    I have heard that there is an organised campaign for people to sign up for huge amounts of shares they they never intend buying. I imagine that the eventual price will be much lower than what the “experts” are predicting.

    • alwyn 13.1

      This would be a unique case if they did allow you to sign up to buy shares that you are not then going to purchase.
      The normal approach for an IPO requires you to nominate the shares you wish to buy AND forward a cheque for that number of shares, which is then banked. If you are not allocated that number of shares in the IPO the excess money is refunded. If you are allocated the full quantity you have nominated you will have paid for them.
      I don’t know how they are going to work this one but I would assume, in the absence of any specific information that will be like any other IPO.
      Does anyone have any real knowledge of what will happen in detail?

  14. A further question is that Key must have known that this was a spoof entry yet he was willing to basically say an untruth while having a pretty good idea that it was not true. There is a word for that isn’t there?

  15. just saying 15

    It would have been the perfect moment for Shearer to announce opposition plans to renationalise at cost, or at the very least, a strict pricing regimen with penalties for overpricing beyond the public interest.

    But no, for that sort of smart, powerful, principled, and effective politicking you’d need a smart, principled, powerful, and effective politician.

    I think like a lot of people, when I heard the headline, I wasn’t even surprised, and only saw it as a scam when the Green MPs were mentioned.

  16. tracey 17

    Alwyn, check out the quensland float and what happened there.

    • alwyn 17.1

      Tracey – I’ve just noticed this comment.
      I am not sure if I am looking in the right place but I am assuming that you are referring to the Queensland rail float. If not I am not surprised that I am not sure what you are referring to. I didn’t follow this at the time, as I don’t really invest in such areas, but I tried googling it and I don’t see anything special about it. After a year it would appear to have been very good for those who bought the shares as they appear to have gone up from $2.45 to about $3.85 in that time.
      If you have a reference to what went on with it I would be interested.
      If it wasn’t Queensland Rail what was it?

  17. Jackal 18

    Bunji

    Bill English won’t stop going on about the referendum signing up children (did this really happen? Every collector knows those signatures aren’t worth anything), but how many children are among those 290,000? Presumably that’s okay.

    There’s no age limit to signing a petition (PDF), however there’s meant to an age limit for registering an interest in the Mighty River Power share offer.

    I believe a referendum is only open to eligible voters who unlike Nationals registration process are usually people who’ve been properly vetted.

    I’ve seen many politicians incorrectly claim that the signatures of young people on petitions don’t count, but it’s young people who’ll be most adversely affected by the sale of our power companies… National is currently attempting to sell their brighter future.

    • alwyn 18.1

      You are confusing the requirements to sign a petition with those calling for a citizen’s initiated referenda.
      The referenda call, which the asset sale exercise requires that there be the signatures (and addresses etc) of ten percent of the electoral register. There is an implied minimum age of 18 of course but children signing it wouldn’t count. If there are enough valid signatures the referenda must be held.
      A petition to parliament, which you linked to, is a different thing and doesn’t require parliament to do anything at all with it. It would only require a single person to sign it.
      The MRP interest pre-registration, and buying the shares at a later date, has no age limit. Indeed the MRP web-site explains the requirements if you wish to register your children or grand-children.
      The requirement to buy the shares is that you have a NZ address, are in New Zealand and have your own IRD number and NZ bank account. If an individual you have to be a citizen or a permanent resident. There is no minimum age however.

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    The PaepaeBy Peter Aranyi
    3 days ago
  • ROBERT MacCULLOCH: Economics 101 explains why Newshub bankrupted
    Rob MacCulloch writes –  Economics 101 explains why Newshub Bankrupted – it was the fault of its own journalists who should recognize they were the architects of their own demise. A thousand books and papers in economics and business strategy are about the topic of product differentiation – ensuring ...
    Point of OrderBy poonzteam5443
    3 days ago
  • Tone deaf and out of touch Luxon
    ...
    The PaepaeBy Peter Aranyi
    3 days ago
  • Speeches, beers, questionnaires
    Hello! Here comes the Saturday edition of More Than A Feilding, catching you up on the past week’s editions.Friday: Week in review, quiz styleThursday: A speech and a beer, both delivered perfectlySo, what can we do about these deplorable people and the appalling things they are doing?Every time Chlöe Swarbrick ...
    More Than A FeildingBy David Slack
    3 days ago
  • The Hoon around the week to March 2
    Premier House in 2018, when it was the home of then-PM Jacinda Ardern and her family. Luxon preferred living his own apartment and pocketing $1000 a week for doing so. Photo: Lynn GrievesonTL;DR: The five things that mattered in Aotearoa’s political economy that we wrote and spoke about via The ...
    The KakaBy Bernard Hickey
    3 days ago
  • Why Did Child Poverty Increase Recently?
    Not so much from a lack of nominal income but from rising mortgage interest ratesThe just released Statistics New Zealand (SNZ) estimates child poverty for the year ending June 2023 show the proportions of children on nine different poverty measures are higher than they were in the June 2022 ending ...
    PunditBy Brian Easton
    4 days ago
  • C.Money Luxon puts his hand in yer pocket
    1. Which of these things did C.Money Luxon, owner of 7 properties and Keepa of da Mojo not say?a. If I can pay, I should payb. I know how hard you work to pay your taxesc. Under my government the culture of treating taxpayers like an ATM is overd. Look, ...
    More Than A FeildingBy David Slack
    4 days ago
  • BRYCE EDWARDS: NZ’s “media apocalypse” is shifting us into a Public Relations Democracy of di...
    Bryce Edwards writes – Democracy is the loser whenever a major media company disappears. We’ve seen a total consensus about this in the last two days – politicians, academics, and journalists have commented on the demise of Newshub, pointing out that a reduction in journalists reporting on and ...
    Point of OrderBy poonzteam5443
    4 days ago
  • MICHAEL BASSETT: TV One still doesn’t get the message
    Michael Bassett writes – It’s becoming clear that the state-owned TV One and its management have no intention of stopping their left-slanted news presentations despite being reminded by Karl du Fresne and others that using the airwaves to proselytise is improper journalism. Worse, it seems that the new ...
    Point of OrderBy poonzteam5443
    4 days ago
  • Govt is gunning for gangs – but McKee reckons some Firearms Prohibition Orders could be lifted mu...
    Buzz from the Beehive Having sorted out the war criminals and terrorists with a series of foreign affairs announcements yesterday, the government today confirmed its plans to allow police to search gang members, their vehicles and homes at any time using court-authorised firearms prohibition orders (FPOs). The orders – introduced ...
    Point of OrderBy Bob Edlin
    4 days ago
  • What does ‘entitlement’ look like, Chris Luxon?
    Wow. A mortgage free apartment, but he claims ‘accommodation expenses’ (really a taxpayer-funded allowance) of $1,000 per week – on top of his $471,000 pa salary and other benefits, etc etc. The National Party CEO must be so used to the good life, eh? The Prime Minister will receive a ...
    The PaepaeBy Peter Aranyi
    4 days ago
  • ELE LUDEMANN: What’s the cost of slow roads?
    Ele Ludemann writes –  It used to take us an easy hour and a half to get from home to Dunedin. If traffic was light with no hold-ups we could get get there in a little more than an hour and a quarter. That was then, now is a ...
    Point of OrderBy Bob Edlin
    4 days ago
  • How is that News?
    Before we begin today, a word of warning.Some of you might think this newsletter is some old leftie yelling into the internet that things ought to be better. You’d be right.That kindness wasn’t just a slogan that sounded good, and in our limited period of existence it just makes sense ...
    Nick’s KōreroBy Nick Rockel
    4 days ago
  • The Prime Hypocrite
    National's Christopher Luxon unveils trio of fiscal transparency policies, RNZ, 15 May 2023: The government had "abused" taxpayers for the past six years, Luxon said. "I am sick of taxpayers being treated like a bottomless ATM, to be raided at any time, for any reason. National will respect taxpayers ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • NZ on Hamas and Zionist Settlers.
    Here is one for the road before I shut down for a while due to the previously mentioned family medical issues. It is about NZ designating Hamas as a terrorist entity, adding its political wing to the 2010 decision to … Continue reading ...
    KiwipoliticoBy Pablo
    4 days ago
  • Migration surge reduced inflation, says Orr
    Record high net migration in 2023 produced a net detraction from inflation because of a surge in labour supply, but the effects may be more inflationary this year. Photo: Lynn Grieveson / The KākāTL;DR: Te Pūtea Matua (Reserve Bank) Governor Adrian Orr told me in an interview yesterday that record ...
    The KakaBy Bernard Hickey
    4 days ago
  • Weekly Roundup 1-March-2024
    Welcome to Friday, and to March, traditionally the busiest month for people trying to get into and around our city. The Northwestern Cycleway has been going gangbusters this week. How’s it looking out there for you, around the rest of the isthmus? Here are some of the articles that caught ...
    Greater AucklandBy Greater Auckland
    4 days ago
  • February AMA
    Hi,As someone generous enough to pay for Webworm — literally allowing this thing to exist — I always want to give you extra stuff (next week a story I’ve been wanting to tell for about eight years) and make myself available to answer any questions.Hence these AMAs, which I really ...
    David FarrierBy David Farrier
    4 days ago
  • Skeptical Science New Research for Week #9 2024
    Open access notables Rockfall from an increasingly unstable mountain slope driven by climate warming, Stoffel et al., Nature Geoscience: Rockfall in high-mountain regions is thought to be changing due to accelerating climate warming and permafrost degradation, possibly resulting in enhanced activity and larger volumes involved in individual falls. Yet the systematic lack ...
    5 days ago
  • Newshub awaits a miracle – but in the meantime its Mātauranga Māori debate has spurred Jerry Coy...
    Emeritus Professor Jerry Coyne, from his base in the United States, may well be oblivious to the furore raised about the state of  the news media in New Zealand – and the implications for our democracy – after TV3’s American owners announced Newshub’s fate.  The news service will be shut ...
    Point of OrderBy Bob Edlin
    5 days ago
  • Correction
    Sorry!!! Today’s edition has the wrong damn link for Chlöe Swarbrick’s excellent speech.This is the right one. Read more ...
    More Than A FeildingBy David Slack
    5 days ago
  • Correction
    Sorry!!! Today’s edition has the wrong damn link for Chlöe Swarbrick’s excellent speech.This is the right one. Read more ...
    More than a fieldingBy David Slack
    5 days ago
  • A speech and a beer, both delivered perfectly
    So, what can we do about these deplorable people and the appalling things they are doing?Every time Chlöe Swarbrick gets to her feet or leans into a mic, she offers a very good  answer. Clear, plain, compelling words. Clear, plain, compelling thinking.Guys, she tells new MPs who have just given maiden ...
    More Than A FeildingBy David Slack
    5 days ago
  • A speech and a beer, both delivered perfectly
    So, what can we do about these deplorable people and the appalling things they are doing?Every time Chlöe Swarbrick gets to her feet or leans into a mic, she offers a very good  answer. Clear, plain, compelling words. Clear, plain, compelling thinking.Guys, she tells new MPs who have just given maiden ...
    More than a fieldingBy David Slack
    5 days ago
  • 2024 Reading Summary: February (+ Writing Update)
    Completed reads for February: Tarzan of the Apes, by E.R. Burroughs The Lost World, by Sir Arthur Conan Doyle The Poison Belt, by Sir Arthur Conan Doyle Struwwelpeter: Merry Stories and Funny Pictures, by Heinrich Hoffman The Moon Hoax, by Richard Adams Locke The Strange Voyage and Adventures of ...
    5 days ago
  • Aoteraoa, Ukraine, and Gaza
    Today the government designated the political wing of Hamas as a terrorist entity, making supporting them a criminal offence. I honestly don't know much about Hamas' organisation, or how involved its politicians were in planning its crimes in October last year, but when Israel is actively carrying out a genocide ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • ETS review will be good news (we think) for the forest sector but govt gets tough with Hamas and Isr...
    Buzz from the Beehive When the Luxon government took office last year, forest owners and investors were among the myriads of interest groups who pressed incoming ministers with pleadings, urgings and advice – typically self-serving –  for change. The forestry bunch hoped the new government would give clearer direction on ...
    Point of OrderBy Bob Edlin
    5 days ago
  • Tougher Love.
    "Ullo, ullo, ullo, what's coming off here then?" Mark Mitchell’s Gang Laws are separating the Liberal Sheep from the Authoritarian Goats.  THE INTENSIFYING POLITICAL CONTROVERSY over the Coalition Government’s policy on gangs promises to be one of those sheep-from-goats moments. While the Left will veer instinctively towards the sociological, the Right ...
    5 days ago
  • The Clue Is In The Name.
    Truth In Advertising? The Nats do best when they take the “National” part of their name seriously, WHEN ITS FOUNDERS christened New Zealand’s newest anti-socialist party “National”, they had two objectives. The first was largely cosmetic. The second, and much more important objective, was ideological.In 1936, the year in which ...
    5 days ago
  • Another forced break.
    Well, the time has come yet again for my son to go back into Starship for another major surgery (the fourth in five months). The mass in his chest is growing and has enveloped his left carotid artery as well … Continue reading ...
    KiwipoliticoBy Pablo
    5 days ago
  • BRYCE EDWARDS:  How Wellington City Council got captured by vested interests
    Bryce Edwards writes – Wellington City has become a great case study for those that are suspicious that both local and central government politicians have become enthralled by property developers, the “professional managerial class”, and other vested interests. Politicians from parties of both left and right are increasingly ...
    Point of OrderBy poonzteam5443
    5 days ago
  • Gordon Campbell on the Newshub/Smokefree twin fiascos
    H</spanere’s a tale of two sunset industries. One has a track record of quality investigative reporting, and sound reportage of the 24/7 news cycle. The other sunset industry peddles a deadly substance that kills and injures tens of thousands of New Zealanders every year, while imposing significant annual costs on ...
    5 days ago
  • RBNZ's dovish pivot revives rate cut hopes
    The question now is which hint banks will take: the one from Orr that they pass on rate cuts, or the one from Assistant Governor Karen Silk saying they have some leeway to continue not passing them on. File Photo: Lynn Grieveson / The KākāTL;DR: The Reserve Bank held the ...
    The KakaBy Bernard Hickey
    5 days ago
  • That was Then, This is Now #32 – What's the difference between aluminium and democracy?
    ..Thanks for reading Frankly Speaking ! Subscribe for free to receive new posts and support my work.That was then…Rio Tinto will not reimburse the $30 million Government subsidy it received to keep Tiwai Point open, in spite of posting a $3.7 billion 2013 profit.[…]…if Rio Tinto had closed straightaway and ...
    Frankly SpeakingBy Frank Macskasy
    5 days ago
  • A Market Model for Intercity Rail
    The North Island Main Trunk rail line between Auckland and Wellington is 680km long, mostly electrified, and low speed for intercity rail (80-100kph). It’s a major public asset, but woefully underutilised. How can we work this asset harder, to deliver way more benefits for our country and our people? This ...
    Greater AucklandBy Patrick Reynolds
    5 days ago
  • Redundancies Bite.
    We all knew this government meant redundancies - lots of them. National highlighted they’d be taking a scalpel to government departments, cutting them to the bone. ACT fantasized about going deeper.Thousands losing their jobs in a sector that won’t be hiring any time soon. I could make a joke here ...
    Nick’s KōreroBy Nick Rockel
    5 days ago
  • Tough choices on climate change for new government
    Slowly but inexorably, the country is getting to the point where it is going to have to make some tough choices about actually lowering greenhouse gas emissions rather than planting or buying its way out of them. Prime Minister Christopher Luxon, at the weekend, removed any last hope that climate ...
    PolitikBy Richard Harman
    5 days ago
  • That was Then, This is Now #31 – Urgent for me, but not for thee?
    ..Thanks for reading Frankly Speaking ! Subscribe for free to receive new posts and support my work.That was then…“In Parliament today, Labour was pushed to justify their use of urgency to rush through a Bill to get rid of a public veto on Māori wards, and they couldn’t,” National’s Local ...
    Frankly SpeakingBy Frank Macskasy
    6 days ago
  • Rattus Supermarketicus: Countdown Reopens
    So my infamously rat-infested local supermarket was finally able to re-open today, after spending a good two and a half weeks closed. https://www.rnz.co.nz/news/national/510363/countdown-dunedin-south-reopens-after-rat-infestation I went in for a look this evening, having heard that they were offering chocolates earlier in the day. I was disappointed. No chocolates. ...
    6 days ago
  • Clearly still no adults in this Chaos Cabinet, aiming to sell Aotearoa off to the highest bidders…
    Grant Roberston has left the Labour team in Parliament, Efeso Collins tragically died at the outset of what was surely to be a stellar career as an MP… a heavy result last year, losses and a tragedy to start this year. That overall sense of tragedy is not limited ...
    exhALANtBy exhalantblog
    6 days ago
  • Productivity Commission gone tomorrow, Māori Health Authority gone in June – so what should we do...
    The Productivity Commission will cease operations tomorrow, to make way for the new Ministry for Regulation. On the same day, the Waitangi Tribunal will begin an urgent inquiry into the government’s proposal to disestablish the Māori Health Authority. But legislation passed under urgency by Parliament will result in the authority being ...
    Point of OrderBy Bob Edlin
    6 days ago
  • QUESTIONNAIRE NEW ZEALAND
    So you want to be a member of this exciting new government, eh? Good thinking! There’s obviously no future in journalism. We’re not just hiring any old comms person though. We want someone with the right attitude and MOJO. So grab a pen and fill out this questionnaire will you? ...
    More Than A FeildingBy David Slack
    6 days ago
  • Another secret OIA “consultation”
    When the previous government decided in 2018 to review the OIA, the Ministry of Justice decided to do the entire thing in secret, planning a "targeted consultation" with a secret, hand-picked group of lawyers, bloggers and commentators. Because obviously, wider civil society has no interest in the operation of the ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • Puff! And before you can get through a packet of 20, Parliament will have stubbed out parts of Labo...
    Buzz from the Beehive Health dominated the government’s announcements over the past 24 hour or so, at the same time as Parliament was debating legislation to abolish the Maori Health Authority and repeal parts of the previous government’s planned changes to regulate smoked tobacco. Health Minister Shane Reti brandished a ...
    Point of OrderBy Bob Edlin
    6 days ago
  • Journalism in New Zealand Is Collapsing
    Hi,I was not intending to send out a Webworm today, and I hate that I am having to write about this.After nearly 35 years of broadcasting, the TV newsroom in New Zealand that was my home for about a decade is set to close in June.Some of my closest and ...
    David FarrierBy David Farrier
    6 days ago
  • A revolting breach of Te Tiriti
    In 2019, the Waitangi Tribunal released a preliminary report in the Wai 2575 inquiry, finding pervasive inequities in the New Zealand health system which systematically disadvantaged Māori, in breach of Ti Tiriti O Waitangi. It recommended the creation of an independent Māori Health Authority as one way of remedying these ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • Bishop wants house prices to halve vs income
    TL;DR: Housing, Infrastructure and RMA Reform minister Minister Chris Bishop gave the new Government’s most important and ambitious speech of its first 100 days yesterday, pledging to flood cities with land for homes and help give councils new revenue to pay for the water and transport infrastructure needed to build ...
    The KakaBy Bernard Hickey
    6 days ago
  • Lyin' Luxon
    All we want is a touch of truthnot cue-card words for the polling booththis ballhead man and his MacDonalds wisdomselling soap or a new tax systemSo begin the lyrics for the new single, Lyin’ Luxon (and his tobacco goons)”, from Darren Watson - released just this morning. You can check ...
    Nick’s KōreroBy Nick Rockel
    6 days ago
  • Albo gives Luxon a big invite
    Prime Minister Christopher Luxon gets his first big foreign affairs opportunity next week when he travels to Melbourne for the 50th Anniversary of Australia’s partnership with the Association of Southeast Asian Nations (ASEAN). Australian Prime Minister Anthony Albanese has invited the heads of all ten members for a special summit. ...
    PolitikBy Richard Harman
    6 days ago
  • Of Mining Interests and the West Coast-Tasman Result: Look at the Split Vote
    The various New Zealand election donations have been disclosed, and one Jonathan Milne has noticed the role of mining interests in backing an independent candidate on the West Coast: https://newsroom.co.nz/2024/02/23/big-coal-company-bought-west-coast-election-campaign/ The article goes on to suggest that the independent candidate’s performance – garnering some 5903 votes – was key ...
    7 days ago
  • At a glance – Is Greenland gaining or losing ice?
    On February 14, 2023 we announced our Rebuttal Update Project. This included an ask for feedback about the added "At a glance" section in the updated basic rebuttal versions. This weekly blog post series highlights this new section of one of the updated basic rebuttal versions and serves as a ...
    7 days ago
  • Dark money has entered the New Zealand electoral scene at unprecedented levels
    Radio NZ’s Farah Hancock has analysed the Electoral Commission returns of money paid to influence the 2023 NZ General Election. Her article $2m surge in election campaign spending by third-party groups (RNZ) shows that as well as the huge donations-directly-to-the-parties imbalance, previously reported, a large amount of untraceable dark money ...
    The PaepaeBy Peter Aranyi
    7 days ago

  • Govt cracking down on serious youth offending
    The coalition Government is delivering on its promise to create Young Offender Military Academies, Childrens Minister Karen Chhour says. “As part of the 100-day plan, the government made it clear it was going to crack down on serious youth offending. “We’re committed to creating more tools to respond to the ...
    BeehiveBy beehive.govt.nz
    50 mins ago
  • GPS 2024: Investing in reliable public transport
    Transport Minister Simeon Brown has confirmed targeted investment of more than $2 billion over the next three years for public transport projects and services, as part of the draft Government Policy Statement (GPS) on Land Transport.  “Delivering reliable, effective, and efficient public transport is a priority for the Coalition Government. The ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • GPS 2024: Keeping New Zealanders safer on our roads
    The Coalition Government will keep New Zealanders safe on our roads with a stronger focus on road policing and enforcement, investment in new and safe roading infrastructure, and targeting the leading contributors to fatal crashes, Transport Minister Simeon Brown says.  “The draft Government Policy Statement (GPS) on Land Transport outlines ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • GPS 2024: Keeping New Zealanders safer on our roads
    The Coalition Government will keep New Zealanders safe on our roads with a stronger focus on road policing and enforcement, investment in new and safe roading infrastructure, and targeting the leading contributors to fatal crashes, Transport Minister Simeon Brown says.  “The draft Government Policy Statement (GPS) on Land Transport outlines ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • GPS 2024: 15 new Roads of National Significance
    The Coalition Government’s priority for investment in the draft Government Policy Statement (GPS) on Land Transport is to support economic growth and productivity and ensure our land transport system allows people and freight to move quickly and safely, Transport Minister Simeon Brown says.  “Delivering on commitments in our Coalition Agreements, ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • GPS 2024: 15 new Roads of National Significance
    The Coalition Government’s priority for investment in the draft Government Policy Statement (GPS) on Land Transport is to support economic growth and productivity and ensure our land transport system allows people and freight to move quickly and safely, Transport Minister Simeon Brown says.  “Delivering on commitments in our Coalition Agreements, ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • GPS 2024: New $500 million Pothole Prevention Fund
    The Coalition Government will increase investment in road maintenance, including establishing a new $500 million Pothole Prevention Fund to tackle the record number of potholes on our roads, Transport Minister Simeon Brown says. “The draft Government Policy Statement (GPS) on Land Transport changes the way we invest in road maintenance, ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • GPS 2024: New $500 million Pothole Prevention Fund
    The Coalition Government will increase investment in road maintenance, including establishing a new $500 million Pothole Prevention Fund to tackle the record number of potholes on our roads, Transport Minister Simeon Brown says. “The draft Government Policy Statement (GPS) on Land Transport changes the way we invest in road maintenance, ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • GPS 2024: Over $20 billion to get transport back on track
    Transport Minister Simeon Brown has released the draft Government Policy Statement (GPS) on Land Transport, outlining the Coalition Government’s plan to build and maintain a transport system that enables people to get to where they need to go quickly and safely.  “Over the next three years, our investment of around ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • GPS 2024: Over $20 billion to get transport back on track
    Transport Minister Simeon Brown has released the draft Government Policy Statement (GPS) on Land Transport, outlining the Coalition Government’s plan to build and maintain a transport system that enables people to get to where they need to go quickly and safely.  “Over the next three years, our investment of around ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • Remand prisoners to receive rehabilitation support
    The coalition Government has taken the first steps to ensure prisoners on remand can access the rehabilitation and reintegration support they need to turn their lives around, says Corrections Minister Mark Mitchell.   “The number of people on remand has increased by 146 per cent over the past 10 years. With ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Ongoing security plan will help keep hospital EDs safe
    Health Minister Dr Shane Reti says a continuation of increased security measures at eight key hospitals around New Zealand reflects the Government’s ongoing commitment to the safety of healthcare staff, and patients. “I’m very pleased Health NZ – Te Whatu Ora have been able to confirm that additional security support ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Government supports safer digital transactions
    The Government supports the recommendations of the Finance and Expenditure Committee reports on bank scam processes, Commerce and Consumer Affairs Minister Andrew Bayly says. “Scams are becoming more sophisticated and causing a growing number of vulnerable Kiwis significant emotional harm and financial loss. “Altogether, nearly $200 million was lost to ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Government congratulates JPs on centenary
    Associate Minister of Justice Nicole McKee has extended her congratulations to the Royal Federation of New Zealand Justices’ Associations on its centenary this year. The occasion is being celebrated at the Federation’s annual AGM and Conference, which opens in Wellington today.  “Justices of the Peace (JPs) play a vital role ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Government going after gangs’ guns with FPOs
    The Government is continuing its work to restore law and order, announcing new measures that will enable police to crack down on gangs through Firearms Prohibition Orders (FPOs).  “Firearms are being illegally used by gangs to intimidate, to commit violent crime in support of their profit making, and to initiate ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Open ocean salmon farm a win for the economy
    The final approval of New Zealand King Salmon’s Blue Endeavour open ocean aquaculture project is a significant step for New Zealand’s aquaculture, and a win for the economy, Oceans and Fisheries Minister Shane Jones says.  “Blue Endeavour will be the first open ocean aquaculture salmon farm in New Zealand. It’s ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • NZ – UAE trade agreement consultation begins
    Following a meeting with UAE Trade Minister Dr. Thani bin Ahmed Al Zeyoudi at the WTO Ministerial Conference in Abu Dhabi, Trade Minister Todd McClay has launched public consultation for a trade agreement between New Zealand and the United Arab Emirates (UAE).   “The UAE is a top-20 export market for ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Minister thanks Public Service Commissioner
    Public Service Minister Nicola Willis has thanked retiring Public Service Commissioner Peter Hughes for his 43 years of service. Mr Hughes retires today, after serving eight years as Public Service Commissioner.  “Peter Hughes is an outstanding public servant who has served many governments, regardless of their political leaning, with professionalism and ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Tourism data shows determination of sector
    New tourism data out today shows the continued importance of tourism to the New Zealand economy as tourism steps up to become our second-biggest export earner, Tourism Minister Matt Doocey says. “The Tourism Satellite Account shows how strongly tourism rebounded post-pandemic with total tourism expenditure in New Zealand of $37.7b ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Housing Minister thanks outgoing Kāinga Ora Chair
    Housing Minister Chris Bishop has today thanked outgoing Kāinga Ora – Homes & Communities Chair Vui Mark Gosche for his many years of public service. “Mr Gosche tendered his resignation as Chair yesterday evening. He will remain a member of the Board until the end of March,” says Housing Minister ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New sanctions package against Russia
    Foreign Minister Winston Peters today announced a new package of sanctions as part of the ongoing international sanction response to Russia’s illegal invasion of Ukraine in February 2022.   The new sanctions are:   Implementation of the G7-plus price cap on Russian-origin oil; making explicit the prohibition on exporting restricted ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Travel bans on extremist Israeli settlers
    Prime Minister Christopher Luxon and Foreign Minister Winston Peters have announced travel bans on a number of extremist Israeli settlers who have committed violent attacks against Palestinians in the West Bank.   “New Zealand is seriously concerned by the significant increase in extremist violence perpetrated by Israeli settlers against Palestinian populations in recent months. This is ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • NZ designates entirety of Hamas as terrorist entity
    Prime Minister Christopher Luxon and Foreign Minister Winston Peters have announced today the designation of Hamas in its entirety as a terrorist entity.   “The terrorist attacks by Hamas in October 2023 were brutal and we have unequivocally condemned them,” Mr Luxon says.    Following these attacks, then Prime Minister Chris Hipkins commissioned advice from officials about designating the ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government announces independent review of forestry ETS costs
    Forestry Minister Todd McClay has today announced an independent review into the forestry component of the Emissions Trading Scheme (ETS) Register to ensure it is efficient and cost-effective. “Up and down the country forestry owners have been raising concerns about the excessive costs that have been imposed upon them by ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Access barriers to PET-CT scans removed
    New Zealanders now have the same access to PET-CT scans no matter where they live, Health Minister Dr Shane Reti says. Health New Zealand - Te Whatu Ora has approved funding an updated national set of criteria that will allow for about 1,000 more PET-CT scans a year to be ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Air New Zealand and Singapore Airlines’ alliance extended
    Associate Transport Minister Matt Doocey announced today that the Government has extended Air New Zealand and Singapore Airlines’ strategic alliance for another five years. “Reauthorising this strategic partnership means that passengers flying in and out of New Zealand will continue to have access to a wide range of flights and destinations,” ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Health system reforms need further action
    Health Minister Dr Shane Reti says the latest report into New Zealand’s health reforms shows a few benefits, but overall once again demonstrates a lack of leadership by the previous Labour government.  The Ministerial Advisory Committee (MAC) report released today was commissioned by the previous government to provide an independent ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Parallel assessment means new medicines assessed sooner
    Pharmac is changing its process so it can assess a funding application at the same time Medsafe is assessing the application for regulatory approval. This means that medicines will be able to be considered for funding sooner in New Zealand. “Access to medicines is a crucial part of many Kiwis’ ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Smokefree Amendment Bill Introduced
    The Government has today introduced an Amendment Bill that will repeal three parts of the previous Government’s planned changes to regulate smoked tobacco. “The Coalition Government is committed to the Smokefree 2025 goal, but we are taking a different regulatory approach to reducing smoking rates and the harm from smoking,” ...
    BeehiveBy beehive.govt.nz
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