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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.

  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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    No Right TurnBy Idiot/Savant
    4 days ago
  • Delusional And Irrational: The Rise Of Paranoid Politics In New Zealand.
    Sheer Loopiness: Many of those expressing bemusement at the antics of these #turnardern effacers, were convinced that they were yet another expression of the National Party’s increasingly spiteful anti-government propaganda campaign. They marvelled at the oddness of the perpetrators’ mindset and questioned the common-sense of allowing the rest of New Zealand ...
    4 days ago
  • Things to know about Whakaari/White Island
    Brad Scott, GNS Science VolcanologistThis post was originally published by GeoNet. Following the 9 December devastating eruption at Whakaari/White Island we have put together some information about the island. New Zealand’s most active volcano Whakaari/White Island is currently New Zealand’s most active volcano, it has been since an eruptive episode ...
    SciBlogsBy Guest Author
    4 days ago
  • Status quo supports status quo
    The Justice Committee has reported back on its Inquiry into the 2017 General Election and 2016 Local Elections, with a host of recommendations about how to improve our electoral systems. Some of their recommendations are already incorporate din the Electoral Amendment Bill currently before Parliament, but there's also a recommendation ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • The Greens abandon NeoLiberalism
    Back in 2017, in order to make themselves "electable" in the eyes of rich people who oppose everything they stand for, the Greens signed up for NeoLiberalism, adopting a restrictive set of "Budget Responsibility Rules" which basicly prevented them from using government to make things better. Now, they're finally abandoning ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Lying about a failed war
    Since invading in 2001, the US has consistently claimed that their war in Afghanistan has been going well, even when it continued year after year after year. Of course, they were lying, and thanks to the Washington Post and the US Freedom of Information Act, we get to see just ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Artificial Intelligence and You
    How should we think about artificial intelligence and the implications that it has for our work and leisure? There are many articles on artificial intelligence and its potential impacts on jobs, and the ethics of applications. These are important topics, but I want to focus on some less discussed aspects, ...
    SciBlogsBy Robert Hickson
    5 days ago
  • Statistical manipulation to get publishable results
    I love data. It’s amazing the sort of “discoveries” I can make given a data set and computer statistical package. It’s just so easy to search for relationships and test their statistical significance. Maybe relationships which ...
    5 days ago
  • More lies on the Twitter (Dan Hodges edition)
    The other big story concerning Leeds Hospital is Boris Johnson's bizzare behaviour at Leeds Hospital, where he was confronted by a journalist and challenged about a four year old boy with suspected pneumonia who was left sleeping on the floor, rather than getting  abed like a sick kid would in ...
    5 days ago
  • LabourActivistPunchedMattHancock’sSPADGate
    So, for a brief period of history, it was alleged that a protester had punched Matt Hancock's SPAD (not a euphemism; special adviser) when Hancock visited Leeds Hospital.This was reported by the likes of Robert Peston and Laura Keunssberg, as well as the less credible Guido Fawkes.  It also quickly ...
    5 days ago
  • France’s anti-Zionism is anti-liberté
    by Daphna Whitmore Last week France passed a law that equates anti-Zionism with anti-Semitism. It is based on a definition of anti-Semitism that includes criticism of Israel such as: “Denying the Jewish people their right to self-determination, e.g., by claiming that the existence of a State of Israel is a racist ...
    RedlineBy Daphna
    6 days ago
  • Another bus lockout
    Over the past year we've seen major bus problems in Hamilton and Wellington, as drivers have sought better wages and an end to the bullshit of split shifts, which basicly see them "married to the job". And now its Auckland's turn. When NZBus's drivers planned low-level strike action of not ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • Climate Change: Showing us how its done
    The government has been congratulating itself over the passage of the Zero Carbon Act, which sets out long-term emissions targets. But those targets are insufficient. Meanwhile, Denmark is showing us how its done:Denmark’s parliament adopted a new climate law on Friday, committing to reach 70% below its 1990 emissions in ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • New Fisk
    No Right TurnBy Idiot/Savant
    6 days ago
  • Public sector dysfunction should not be allowed to undermine freedom of information
    Another day, another piece of legislation with a secrecy clause. This time its the innocuous-seeming Mental Health and Wellbeing Commission Bill, which (after establishing a new body and making it subject to the OIA in three different ways) includes the rapidly-becoming-standard clauses enabling it to request information from other public ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • “This is England, this knife of Sheffield steel…”
    The state of the United Kingdom is fractured, torn up, shredded. The Empire is gone, it died a long time ago. And yet, the country is still tracking with a lead in favour of the ones who play to the ingrained, class-bound division for political gain. It is a disgrace ...
    exhALANtBy exhalantblog
    1 week ago
  • CORSIA, coming soon to an airport near you
    On 27 September, Greta Thunberg addressed a crowd of 500,000 at the School Strike for Climate in Montreal, saying: “You are a nation that is allegedly a climate leader. And Sweden is also a nation that is allegedly a climate leader. And in both cases, it means absolutely nothing. Because ...
    SciBlogsBy Robert McLachlan
    1 week ago
  • Cloaking hate speech and fake news in the right to free expression.
    It should be obvious by now but let’s be clear: The same folk who regularly traffic in disinformation, misinformation and “fake news” are also those who most strongly claim that their freedom of expression rights are being violated when moves are made to curb hate speech (as opposed to protected ...
    KiwipoliticoBy Pablo
    1 week ago
  • The Physics (and Economics, and Politics) of Wheelchairs on Planes
    Michael Schulson When Shane Burcaw flies on an airplane, he brings along a customized gel cushion, a car seat, and about 10 pieces of memory foam. The whole arsenal costs around $1,000, but for Burcaw it’s a necessity. The 27-year-old author and speaker — who, alongside his fiancée, Hannah ...
    SciBlogsBy Guest Author
    1 week ago
  • To Advance Civil Rights, Oppose Transgender Extremism
    We are very pleased to publish this submission is from Lucinda Stoan. She is a social justice activist, mother, and educator, based in Washington State in the  US.   This detailed and comprehensive source-linked overview of trans issues and what is at stake will be useful for many people, especially in ...
    RedlineBy Daphna
    1 week ago
  • Faafoi should be fired
    Newshub last night reported that Broadcasting Minister Kris Faafoi had apparently promised to help out a mate with an immigration issue. While its normal for people to approach MPs for assistance in this area, when you're a Minister, the rules are different: as the Cabinet Manual says, Ministers must "at ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Adrian Orr – The Reserve Bank’s Revolutionary Governor?
    New Zealand's Underarm Banker: It bears recalling that the “independence” of the Reserve Bank Governor was for decades held up by neoliberal capitalists as the most compelling justification for passing the Reserve Bank Act. Interesting, is it not, how the ruling class’s support for the Bank’s independence lasted no longer than ...
    1 week ago
  • Driving Us Up The Poll.
    Rubbish In, Rubbish Out: Put all this together, and it’s difficult to avoid the conclusion that anyone who responds positively to a pollster’s request to “answer a few questions” is just ever-so-slightly weird. Desperately lonely? Some sort of psephological train-spotter? Political party member primed to skew the poll for or against ...
    1 week ago
  • Jordan Williams, Colin Craig podcast series announced
    “Free at last, Free at last, Thank God almighty we are free at last.” ― Martin Luther King Jr. A long and bitter court feud between former Conservative Party leader Colin Craig and Jordan Williams has been settled, with an apology and compensation from Williams. On Tuesday, Craig sent out ...
    The PaepaeBy Peter Aranyi
    1 week ago
  • How plant-based meat is stretching New Zealand’s cultural and legal boundaries
    Samuel Becher, Victoria University of Wellington and Jessica C Lai, Victoria University of Wellington Earlier this year, the New Zealand-based pizza chain Hell Pizza offered a limited-edition “Burger Pizza”. Its customers weren’t told that the “meat” was plant-based. Some customers complained to the Commerce Commission, which enforces consumer law in ...
    SciBlogsBy Guest Author
    1 week ago
  • Scientific integrity requires critical investigation – not blind acceptance
    Some people seem to want to close down any critical discussion of the current research into the relationship between water fluoride and child IQ. They appear to argue that claims made by researchers should not be open to critical review and that the claims be accepted without proper consideration ...
    1 week ago
  • Climate Change: The shameful reality
    The government has been congratulating itself over the passage of the Zero Carbon Act, which sets out long-term emissions targets. Meanwhile, Climate Action Tracker has the shameful reality: those targets are insufficient:While New Zealand is showing leadership by having passed the world’s second-ever Zero Carbon Act in November 2019, under ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • More secrecy
    The government introduced a Racing Industry Bill today. As an urban who horse racing as pointless-to-cruel, and gambling as a tax on stupidity and/or hope, this isn't normally a bill which would interest me in the slightest, beyond grumpiness at more government money for a dying industry. But there is ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Unlikely online bully, Liam Hehir
    Check. Check. One, two, three, four. Is this thing ON? Hello readers, I logged in last night (yeah, it’s been a while) to mark THE END of the landmark legal case, Jordan Williams v Colin Craig, which (gulp) reached The Supreme Court, in which New Zealand’s most-defamed man was suing the politician he ...
    The PaepaeBy Peter Aranyi
    1 week ago
  • The Birth Of Israel: Wrong At The Right Time.
    Before The Birth: Israel’s most fervent supporters set their clocks ticking in Biblical times. They cite the kingdoms of David and Solomon as proof that, in the words of the Exodus movie’s theme-song: “This land is mine.” The majority of Israel’s backers, however, start their clocks in 1933 – the year Adolf ...
    1 week ago
  • Hard News: Public Address Word of the Year 2019: Korero phase
    In an unreliable, strange and confusing world, Public Address is proud to present a measure of comfort and stability by annually asking everyone what words or phrases sum up the year that's been – and then giving some of them consumer goods as prizes for being clever or simply lucky.Well, ...
    1 week ago
  • Generalist to specialist
    Both my parents are pretty handy – and they seem to have the right tools for most jobs in the garage and they know how to fix practically anything. A similar story could be told about their generation’s experience in the workforce – being a generalist was not unusual and ...
    SciBlogsBy Guest Author
    1 week ago
  • A “coincidence”
    When it was revealed that NZ First had tried to enrich itself from public office via the Provoncial Growth Fund, the Prime Minister assured us that everything was OK as Shane Jones, the Minister responsible for the fund, had recused himself. Except it seems that that recusal came very late ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Member’s Day
    Today is a Member's Day, and probably the last one of the year. After the marathon of the End of Life Choice Act, most of the bills up for debate today are uncontentious. First up is the second reading of Chlöe Swarbrick's Election Access Fund Bill. This will be followed ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Worse than I thought
    The Foreign Affairs, Defence and Trade Committee has reported back on the government's odious and tyrannical control orders bill. As expected, the fraudulent select committee process has made no significant changes (partly because they couldn't agree, but mostly because it was a stitch-up from the start, with no intention of ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • The cannabis bill and the referendum
    Yesterday, the government released its draft Cannabis Legalisation and Control Bill, which will be put to a non-binding referendum at the next election. I'm not a drug policy expert, but Russell Brown is, and he thinks its pretty good. And pretty obviously, it will be a massive improvement on the ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Hard News: The Cannabis Legalisation and Control Bill: pretty good so far
    As you're probably aware, the draft bill outlining the proposed legal cannabis regime to be put to a referendum late next year was published yesterday, and has already attracted a flurry of comment. It's notable that a good deal of the comment is about proposals that aren't actually new.A minimum ...
    2 weeks ago
  • Climate Change: Alignment
    One of the big problems in New Zealand climate change policy is the government working at cross-purposes with itself. It wants to reduce fossil fuel use, but encourages oil and gas exploration. It wants to reduce transport emissions, but then builds enormous new roads. The problem could be avoided if ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • How climate change will affect food production and security
    Climate Explained is a collaboration between The Conversation, Stuff and the New Zealand Science Media Centre to answer your questions about climate change. If you have a question you’d like an expert to answer, please send it to climate.change@stuff.co.nz According to the United Nations, food shortages are a threat ...
    SciBlogsBy Guest Author
    2 weeks ago
  • More bad faith
    Last year, the government announced it was ending offshore oil exploration by no longer issuing new permits. The idea was that the industry would then die off as permits expired. Except almost immediately the government revealed its bad faith, by saying they would extend permits and alter conditions to keep ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Banning foreign money from our elections
    The government has said it will ban foreign donations to political parties and candidates, and will be introducing legislation to be passed under all-stages urgency this afternoon. While I agree with the goal, I don't see a particular case for urgency, unless the government is concerned about a flood of ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Reforming the Education Acts
    The government introduced the Education and Training Bill to Parliament yesterday. Its a massive bill, which replaces both existing Education Acts, as well as various other bits of legislation (including some which are still proceeding through the House). I'll leave the serious analysis to teachers and people who actually know ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Bite-sized learning
    Amelia SharmanThere’s no one-size-fits-all when it comes to micro-credentials, those bits of bite-sized learning that can help workers stay on top of technological change.  What’s a micro-credential? While definitions vary, micro-credentials can be understood as short courses that allow people to learn new skills or have an existing competency recognised. ...
    SciBlogsBy Guest Author
    2 weeks ago
  • “Not The Labour Party We Once Knew.”
    All Smiles Now: Claire Szabo is taking up her presidential role after serving as the CEO of Habitat For Humanity. Which is absolutely perfect! After KiwiBuild was so comprehensively mismanaged by Phil Twyford, the party has not only elected a new president from a thoroughly respectable not-for-profit, but one who ...
    2 weeks ago
  • Marxist versus liberal methodology on transgender ideology/identity politics
    While much of the NZ left has transitioned to postmodern and identity politics in relation to transgender ideology, there are some very good articles about that deploy Marxist methodology in relation to this subject.  The one below is from the British marxist group Counterfire and appeared on their site here ...
    RedlineBy Admin
    2 weeks ago
  • Book review: The Farm by Joanne Ramos
    by Daphna Whitmore At Golden Oaks, a luxurious country retreat in the Hudson Valley, pregnant women have the best care money can buy. From the organic food, personalised exercise programmes, private yoga instruction and daily massages Golden Oaks looks like a country lodge for the upper class. Set some time ...
    RedlineBy Daphna
    2 weeks ago
  • Loosening the purse strings
    When Labour was running for election in 2017, it felt it needed to demonstrate "fiscal responsibility" and signed itself up to masochistic "budget responsibility rules". It was a fool's errand: the sorts of voters who demand fiscal responsibility are also the sorts of voters who believe that labour can never ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Climate Change: How to get there
    Writing in Stuff, Joel MacManus looks at what we need to do to meet the Zero Carbon Act's targets. The core of it:1. Convert 85 per cent of vehicles on the road to electric. 2. Eliminate fossil fuels from all industrial heating up to 300 degrees Celsius. 3. Double our ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • anti-vaxxers in a measles epidemic: so many ways to be untruthful
    “Anti-vaxers are a pro-death movement,” those comments from Dr Helen Petousis-Harris speaking about six more Measles related deaths in Samoa over the past twenty-four hours. “Anti-vaxers are a pro-death movement,” those comments from Dr Helen Petousis-Harris speaking about six more Measles related deaths in Samoa ...
    SciBlogsBy Alison Campbell
    2 weeks ago
  • Is Youth Vaping a Problem in New Zealand?
    Professors Janet Hoek and Richard Edwards, Emeritus Professor Phil Gendall, Jude Ball, Dr Judith McCool, Anaru Waa, Dr Becky Freeman Recent media reports have presented conflicting evidence on youth vaping in NZ. While some NZ school principals report concerns about increasing vaping on school grounds and confiscating vapes, ASH Year ...
    SciBlogsBy Public Health Expert
    2 weeks ago

  • New partnership to boost screen sector job opportunities
    Auckland’s growing screen sector is the catalyst for a new partnership between the Ministry of Social Development and Auckland’s economic development agency Auckland Tourism, Events and Economic Development (ATEED). The launch today at FilmFX in Henderson, is to celebrate the partnership which looks to capitalise on the social and economic development opportunities ...
    BeehiveBy beehive.govt.nz
    14 hours ago
  • A minute’s silence for Whakaari White Island victims
    A minute’s silence will be observed at 2.11pm on Monday 16 December in honour of the victims of the Whakaari White Island eruption, Prime Minister Jacinda Ardern has confirmed. “Wherever you are in New Zealand, or around the world, this is a moment we can stand alongside those who have ...
    BeehiveBy beehive.govt.nz
    15 hours ago
  • NZ to help fund fight against measles in the Pacific region
    Foreign Minister Winston Peters has announced New Zealand will contribute NZ$1 million of funding towards the joint United Nations Fund for Children (UNICEF) and World Health Organisation (WHO) Pacific Regional Action Plan for Measles.   “Prevention through vaccination is the most effective way of avoiding illness and a costly health emergency. ...
    BeehiveBy beehive.govt.nz
    18 hours ago
  • New Zealand remembers Sir Peter Snell
    New Zealand is today remembering one of our true sporting heroes, triple Olympic gold medal winner Sir Peter Snell. “He was a legend, here and around the world,” Prime Minister Jacinda Ardern said. “Our thoughts are with Sir Peter’s wife Miki and their family.” “Sir Peter is recognised as New ...
    BeehiveBy beehive.govt.nz
    18 hours ago
  • PM congratulates Boris Johnson on election victory
    Prime Minister Jacinda Ardern has congratulated United Kingdom Prime Minister Boris Johnson on his election victory.  “New Zealand and the United Kingdom are close friends and despite our distance we are strongly connected by our history and people,” Jacinda Ardern said.  “I look forward to continuing to work with Prime ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Building a platform for the future of rail
    The Government has released its long term vision for a sustainable 21st Century rail network that gets our cities moving, connects our regions and gets more freight off the roads.   Deputy Prime Minister and State Owned Enterprises Minister Winston Peters said the Government is committed to rebuilding New Zealand’s ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Prime Minister statement Whakaari White Island recovery operation
    I want to start by acknowledging the families who have experienced such grief and such loss since the extraordinary tragedy on Monday. Today was all about reuniting them with their loved ones. We've just come from the airport where many of them were gathered and in amongst what you can ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • New Zealand medical specialists to provide further support to Samoa
    Foreign Minister Winston Peters today announced further support for Samoa’s longer term needs as it continues to respond to a devastating measles epidemic. “Samoa’s health system has experienced massive strain in the wake of the measles epidemic. The volume of patients needing care during this outbreak, and the number of ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Discounted electric-bikes offered to public sector workers
    Discounted electric bikes will be offered up to public sector staff across the country as part of the Government’s work to reduce transport emissions and support healthier transport options.  Associate Minister of Transport Julie Anne Genter officially launched the new initiative at Wellington Hospital today.  “The Government has negotiated bulk-purchase ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Australia and New Zealand confirm joint bid for FIFA Women’s World Cup
    The Australian and New Zealand Governments today launch an historic joint bid to bring the FIFA Women’s World Cup to the Southern Hemisphere for the first time. Australian Minister for Youth and Sport, Richard Colbeck and New Zealand Minister for Sport and Recreation Grant Robertson will announce the bold campaign, ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Blackwater gold mine gets PGF boost
    The Provincial Growth Fund (PGF) has approved a $15 million loan to help re-establish a gold mining operation at Blackwater Gold Mine, near Reefton, Rural Communities Minister and local MP Damien O’Connor announced at an event on the West Coast today. “This is great news for the Coast that could ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Papakāinga model inspires whānau well-being
    Papakāinga model inspires whānau well-being A housing project by Kohupātiki whānau in Hastings is an outstanding example of a Māori-led housing initiative that can reduce financial pressure and reconnect whānau to their whakapapa says the Minister for Māori Development Hon Nanaia Mahuta.  Minister Mahuta officially opened the Aroha Te Rangi ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government provides more funding for major community wetland restoration project
    Restoration efforts for a significant wetland in the Hawke’s Bay are getting more support announced Associate Minister for the Environment Eugenie Sage. “Wetlands are vital to healthy landscapes and ecosystems. They function as nature’s ‘kidneys’, filtering and protecting water quality, acting as nature’s sponges after rain and are home to ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Housing First to help Nelson Tasman homeless
    Nelson has today seen the launch of Housing First Nelson Tasman. Today’s launch marks the expansion of the Government’s homelessness programme, Housing First, to the top of the South Island. “Housing First is a proven programme that puts people who are experiencing homelessness and multiple, high and complex needs into ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • New funding to support Environment Centres working for sustainable local solutions
    New Government funding announced today will help communities make a difference in tackling environmental issues Associate Minister for the Environment Eugenie Sage announced in Hawkes Bay today. The Ministry for the Environment’s Community Environment Fund is dedicating $243,101 to growing the capacity and capability of the Environment Hubs Aotearoa’s (EHA) ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government takes bite out of loan sharks
    The days of vulnerable consumers falling victim to loan sharks, truck shops and other predatory lenders are numbered, following the Credit Contracts Legislation Amendment Bill passing its third reading tonight. “Too many Kiwis are being given loans that are unaffordable and unsuitable, trapping them in debt and leaving their families ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • New Zealand safer as Terrorism Suppression (Control Orders Bill) becomes law
    A Bill that prevents terrorism and supports the de-radicalisation of New Zealanders returning from overseas has passed its third reading, Justice Minister Andrew Little says. The Terrorism Suppression (Control Orders) Bill is a carefully targeted response to manage the risk posed by a small number of New Zealanders who have ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Foreign Minister and Pacific Peoples Minister to visit Samoa
    Foreign Affairs Minister Winston Peters and Minister for Pacific Peoples Aupito William Sio will travel to Samoa on Friday, where New Zealand medical teams are helping Samoa respond to an outbreak of measles. “New Zealand has been working closely with the Government of Samoa and offering our assistance from the ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New Pastoral Care Code will support tertiary students in 2020
    The Government has changed the law to improve student safety and welfare in university halls of residence and other student accommodation. The Education (Pastoral Care) Amendment Bill passed its third reading this afternoon and details of an interim Code of Practice setting out the Government’s expectations of tertiary providers have also been released. ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New infrastructure funding tool to build housing developments faster
    A new tool to help councils fund and finance infrastructure could mean some housing developments happen a decade earlier than currently planned, Urban Development Minister Phil Twyford said today. “This new tool, developed by the Government in partnership with industry and high-growth councils, will allow councils to access private debt ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Vision to unite the primary sector launched today
    Agriculture Minister Damien O’Connor has welcomed the release of a bold new vision for the country’s vital food and fibre sector. “I’m delighted that New Zealand’s major farmer and grower organisations are today supporting the Primary Sector Council’s vision – Fit for a Better World,” he said. “The international consumers ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • NZ congratulates PNG and Autonomous Bougainville Government on referendum
    Foreign Minister Winston Peters has congratulated the Government of Papua New Guinea and the Autonomous Bougainville Government for completing a well-conducted referendum on the future political status of Bougainville. “New Zealand supported the referendum process by providing technical advice through the New Zealand Electoral Commission and leading a Regional Police ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Next steps for Upper North Island logistics
    In light of Cabinet’s position that freight operations on prime land in downtown Auckland are no longer viable, the Government will now embark on a short work programme to enable decision-making in the first half of next year, Associate Transport Minister Shane Jones says. Minister Jones is today releasing the ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Surgical mesh restorative justice report received
    Associate Health Minister Julie Anne Genter has received the report back from a surgical mesh restorative justice process undertaken by Victoria University. The process heard stories, either in person or online submission, from more than 600 people affected by surgical mesh. “The report made for heart-breaking and confronting reading,” says ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • The Water Services Regulator Bill – Taumata Arowai a milestone for drinking water safety
    The Water Services Regulator Bill – Taumata Arowai , introduced to Parliament today, is a milestone for drinking water safety in New Zealand and will help improve environmental outcomes for urban waterways, rivers and lakes.  “This is a breakthrough for New Zealanders in terms of providing safe drinking water throughout ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Speech to new direction for criminal justice reform announcement
    Kia ora koutouE ngā mana, e ngā reo, e ngā matā wakaTēnā koutou katoaHaere ngā, moe maiKoutou ma ngā Rangatira Ko Anaru ahauKo au te Minita mo ngā TureHe Honore tino nui kei roto I ahau No reira tena koutou katoa Today, we are releasing two reports that are the ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New direction for criminal justice reform
    The Government is looking to turn around the long-term challenges of criminal justice by taking a new approach to break the cycle of offending to ensure there are fewer victims of crime. Justice Minister Andrew Little released two reports today, Turuki! Turuki! from Te Uepū Hāpai I te Ora, and ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New law sets up $300m Venture Capital Fund
    New Zealand firms expanding beyond the start-up phase are set for more support after today’s passage of the Venture Capital Fund Bill, Associate Finance Minister David Parker said. The Bill, which establishes a $300 million Venture Capital Fund, puts in place a key initiative of the Wellbeing Budget’s economic package. ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New Zealand’s National Statement to COP25
    E ngā mana, e ngā reo, e ngā iwi, e ngā rau rangatira mā. Tēnā koutou, tēnā koutou, tēnā koutou katoa. Señora Presidenta, Excellencies, Delegates. International action A common thread that runs through the Paris Agreement is the commitment we have made to each other to do what we can to ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • $12 billion in extra infrastructure investment
    The Government is lifting capital investment to the highest level in more than 20 years as it takes the next step to future-proof New Zealand. Finance Minister Grant Robertson has announced $12 billion of new investment, with $8 billion for specific capital projects and $4 billion to be added to ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Strong economy, careful spending gives $12bn of surpluses
    The Government is forecast to run $12 billion worth of surpluses across the four years to 2023/24 as the economy continues to grow. The surpluses will help fund day-to-day capital requirements each year. These include fixing leaky hospitals, building new classrooms to cover population growth and take pressure off class ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Priorities for 2020 Wellbeing Budget outlined
    Budget 2020 will continue the Coalition Government’s focus on tackling the long-term challenges facing New Zealand while also investing to future-proof the economy. When the Government took office in 2017 it was left with crumbling infrastructure, severe underinvestment in public services, degraded rivers and lakes, a housing crisis and rising ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Minister welcomes data-rich coastline mapping tool
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