What now for Sky TV?

Written By: - Date published: 10:45 am, March 4th, 2013 - 45 comments
Categories: capitalism, news, Privatisation, tv - Tags: , , ,

Rupert Murdoch’s News Corp are selling their shares in NZ Sky TV.  What does these mean for the on-going decline of public broadcasting, and related rise of global corporate control?  It will be interesting to see where the shares go.  It is possibly part of the shift away from control by media moguls and towards control of news media by investment bankers.

Liam Dann reports in the NZ Herald today:

Shares expected to go on trading halt this morning as News Corp sells its 43.6 per cent stake.

Rupert Murdoch’s News Corp is understood to be selling out of New Zealand’s Sky Television.

Sky TV shares are expected to go on a trading halt this morning as the media group sells its 43.6 per cent stake into the market at a price of $4.80 – a 7 per cent discount to its $5.17 close on Friday. …

Bankers for the deal are understood to be Craigs Investment Partners and Deutsche Bank.

Market sources said yesterday that the sale had been tendered by News Corp and the investment banks were effectively underwriting the deal.

No cornerstone shareholder is expected to take a stake in excess of 19.9 per cent – a level that would require a full takeover offer to be made.

A spokesperson for Sky TV said yesterday that the company could not comment on matters relating to shareholdings.

Another substantial shareholder – the Todd family – sold its 11.11 per cent stake in Sky TV in November last year to Credit Suisse, which on-sold it to institutions and private investors.

That block of shares was sold at $5.05 a share for about $218 million.

The on market selldown of Sky TV also follows media group Fairfax’s $769 million selldown of Trade Me in December.

I’m pleased to see Murdoch’s empire struggling and that it is withdrawing from NZ.

Murdoch’s News Corp has been the dominant shareholder in Sky TV since 1999.  Dann reports that the number of Sky subscribers have been pretty static over the last year, with the profit gains largely coming from subscribers spending more and subscribing to more services:

  Last month Sky TV reported a 9 per cent gain in first-half profit as subscribers migrated to its MySky premium service and spent more.

Profit rose to $68.2 million in the six months ended December 31, from $62.7 million a year earlier.

Sales rose 3.9 per cent to $443 million.

Total subscribers to Sky TV’s services were little changed at 846,988 at December 31 from a year earlier, though the number on MySky climbed 28 per cent to 423,973. Average revenue per subscriber rose to $75.78 at December 31 from $71.81 a year earlier.

I’m not very knowledgeable about the way such sales of shares work, but I am concerned about the role of financial institutions in managing the share sales.

In an article in Pacific Journalism Review, Oct 2011 17.2, p188, ‘Global capital and media communication ownership in New Zealand‘, authors Wayne Hope and Merja Myllylahti outlined the increasing globalisation of NZ media ownership.  They said:

In 2011, there are still four major players in the New Zealand media market: APN News & Media, Fairfax Media, MediaWorks, and News Corporation/Sky. New Zealand news media is dominated by overseas companies and these companies are primarily owned by financial institutions and a handful of foreign media moguls: Australian/Amrerican Rupert Murdoch (News Corporation), Irish Tony O’Reilly  (Independent News & Media), and Australian mining billionaire Gina Rinehart …

News media have been struggling in various ways to make profits.  According to Hope an Myllylahti, MediaWorks were heavily in debt in 2009, but were rescued by the involvement of several new investors including Goldman Sachs JBWere, which took a 12.9% stake in the company.

So rather than looking at the withdrawal of News Corp from Sky as a decline in corporate global control in the media, we are probably seeing a shift in the kind of players dominating the media: a shift away from the media moguls, and towards the investment bankers or financial institutions.  It’ll be interesting to see the individuals and organisations that take up News Corps’ NZ Sky TV shares.

I am hoping that this won’t mean that Sky is rejuvenated so that it can once again start to recruit more subscribers, further fueling the decline in free-to-air news and other media.

45 comments on “What now for Sky TV? ”

  1. ghostwhowalksnz 1

    To me its clear Murdock is setting the groundwork to buy TVNZ.

    No doubt he or his henchmen have had the requisite meetings with Key and Joyce to ‘move things along’

    • Tigger 1.1

      Interesting theory. Probably a third term plan for the Nats. Once they’ve hocked off the power companies all other assets will be lined up for sale…

    • cricklewood 1.2

      Nah, They are cashing out as they can see the writing on the wall. The NZ market is probabaly at close to saturation point in terms of penetration for sky and revenue in trational type broadcasts can only go one way. As broadband further improves more and more content will be streamed.

      I recently quit sky and now watch a lot of shows online legally for free, no ad breaks and no monthly subscription. I haven’t managed to get near my data cap yet. There are also pleanty of less than legal avenues available…

      • karol 1.2.1

        cricklewood: I recently quit sky and now watch a lot of shows online legally for free, no ad breaks and no monthly subscription. I haven’t managed to get near my data cap yet. There are also pleanty of less than legal avenues available…

        Well this is where screen productions are going – online. And this is why Hollywood (Dotcom) are so keen to control what people watch online. It is tied up with the TPPA, and Jane Kelsey has posted another excellent article on the TPPA on The Dailyblog this morning. It’s all about the US trying to dictate it, rather than it being a true, fair and equal negotiation process.

        Several of those areas are must-haves for Obama – notably, intellectual property, which impacts on pharmaceuticals, the internet and innovation and disciplines on state-enterprises that could extend to ACC, Kiwibank and the universities.
        The way that John Key and Tim Groser talk, all the parties including New Zealand are equals at this negotiating table. But this has always been the US plus the rest.

        Clare Curran, while correctly identifying the shift to online content as being signalled by the News corp share sales, misses the connection with the TPPA entirely. She just focuses on regulation within NZ:

        The Government must include video content and broadcasting in its review of the telecommunications industry following News Limited’s decision to sell its stake in Sky Television, Labour’s communications and IT spokesperson Clare Curran said.

        “Today’s announcement is a clear signal by Rupert Murdoch that Sky’s dominant market position has changed forever with the increase in online video content from sources such as Quickflix, and Netflix.

        “The Commerce Commission has said ownership rights of content are the critical factor behind the successful uptake of ultrafast broadband in New Zealand. The Commission is also investigating Sky TV’s contracts with telcos, which may be restricting competition. The Minister must acknowledge this and include online video content in its recently announced review of the telecommunications sector.

    • infused 1.3

      Doubt it. Cashing up looks likely.

      Skytv is still good. Still expensive though.

      • infused 1.3.1

        I watch very little of what’s offered though. Mainly movies, history and discovery.

        • Lanthanide 1.3.1.1

          So you’re probably an expert on Hitler, WW2 and how aliens are behind everything?

          • infused 1.3.1.1.1

          • TheContrarian 1.3.1.1.2

            Ancient Aliens is a great watch. The hair, THE HAIR!

          • felixviper 1.3.1.1.3

            And sharks.

            • James N 1.3.1.1.3.1

              You forgot snakes.

              • felixviper

                I tuned in to Bridge Day once, a whole day of programs about bridges.

                There was “Worlds Tallest Bridges”, and “World’s Longest Bridges”, and Worlds Oldest Bridges”, and “World’s Most Amazing Bridges” etc etc.

                Also note that none of those categories are mutually exclusive, and many of the bridges made multiple appearances throughout the day.

                • TheContrarian

                  All those nature/technology channels now pursue an agenda consisting of reality shows and scientific woo like Bigfoot Hunters and Ancient Aliens.

                  very disappointing

            • QoT 1.3.1.1.3.2

              Shark Week is an international cultural treasure, felix. You mess with reruns of Air Jaws Apocalypse and you are messing with *me*.

        • felixviper 1.3.1.2

          That’s about all that appeals to me on sky, and those channels get pretty repetitive too.

          • infused 1.3.1.2.1

            Well new movies once a month. To be honest, the only reason we keep it is when friends come over. Always something on to watch.

      • Rogue Trooper 1.3.2

        cashing up indeed now they’ve made their splash

    • karol 1.4

      Well if the indications that there’s a shift away from the dominance of media moguls, then it’d be more likely that financial institutions are positioning themselves to get a significant interest in other media channels such as TVNZ.

  2. He couldn’t stomach managements decision to broadcast citizen A.
    Bomber Bradbury defeats Murdoch.
    Or, a more likely reason is that this 2 billion dollar company has weak growth potential in a market this size. Timing is good to offload.
    Quite why many of you continually berate Sky TV is a mystery. They provide fantastic service and we are lucky that they exist. The range of sport that we get across many channels is world leading.
    Try and recall the days of tv1 owning all the sport. 4 hours a week at best and piss poor olympic coverage.
    And Coronation street Taliban threatening to blow TVNZ up if Rita was disturbed during any big event.
    Based solely on subscriber numbers Sky has been a phenomenal success story.

    • Tim 2.1

      I suspect many ‘berate’ Sky because of its monopolistic behaviour and attitude; its priviledged position in ‘the market’ whereby what happens elsewhere in the world (such as being levied to support public service broadcasting) does not apply in NZ; because of its anti-competitive behaviour through the use of programming across its FTA channel and pay channels; and because (because of its proviledged position in ‘the market’), its driven up the cost of content for other broadcasters who are honestly trying to make a buck. When I say ‘honestly’ – I mean in the sense that their bizniss of providing an audience to advertisers and treating that audience as consumers rather than intelligent human beings who are residents, citizens and taxpayers who have effectively provided the monopolist with the necessary infrastructure, and who now have to ‘user-pays’ to participate.

      BTW (as they say in the connected world): ‘recall the days of tv1 owning all the sport’ is hardly a fair comparison in that it decontexualises everything that’s occured since that was the case – the specialisation of channels, the manner in which (IF you’re OK with the totally commercial imperative) TVNZ had a charter and an obligation to turn a profit, a load of total politically appointed fukwits at its helm and a culture of comfortably-off pulling its strings, etc., etc., etc.
      Actually not a lot has changed in that regard – and you can be sure that the string-pullers (and cock pullers within) have been wishing for proivitoisashun for many a moon.

      IT might be useful too for you to consider what’s happened over time to a service expected to deliver programming to citizenry (you know – that quaint phenomenon whereby people cast a vote to have representatives to act in their interests including the provision of a public sphere – free & fair – unincumbered by commercial, political or economic imperatives in whose interests it is to try and suppress it).
      Does anybody else remember a National Film Unit that was able to undertake activity that, although might not have been commercially viable, was socio-politically important????; OR – if not…… perhaps a Natural History Unit whose output under its new guise is rarely seen! NZ! unavailable to NZers.
      Saul Roit tho’ aye jonky (and Russ)? All that fawn vestmint, the ‘MUMIN dead vestas’ with orl thet petty kesh they’ve got rolling rearn – sheel see iz roit. [When someone can identify who or what MUMIN dead vestas is or are – please please let me know} Skoi’ll troin make (SKY TV will try and make) surer thet – (With apologies to the likes of Bomber Bradbury who I referred to as a Bradley once) whose faith in SKY is somewhat more optimisic than mine.
      Though I watch the chennil 89 content – its actually a piss poor/technically neglected alternative to what we used to have.

      …. and let’s not get started on Freeview, Kordia and it’s incompetently (and I mean really very basic basic stupid stupid dolt type incompetence) decisions.

      I suspect that why Murdoch wants out is that he can see the future – considering all the above. If I were the masters of the Universe (little “m”) within SKOI NuZiln, I’d be hawking my C.V. now far and woid – i.e. if I subscribed to that over-ambitious attitude with a sense of having an inflated idea of self-worth that many in that bracket have.

      Were it for Labour or Green policy that we should pay their air-fared out of here……they instantly get my vote.

      Russell – ever considered mining in North West West Straylia?. IF I knew who you were, I’d pay the airfare moisef. I’ve even got some mates that could put you up till you get started.

      • Colonial Viper 2.1.1

        Does anybody else remember a National Film Unit that was able to undertake activity that, although might not have been commercially viable, was socio-politically important????;

        Yep.

        Peter Jackson acquired most of its footage for a song and made millions off what was public commons.

        • Tim 2.1.1.1

          Indeed he did – including some shot by my father-in-law who is now busy rolling in his grave.
          Never mind though aye …… Billy “boi” Shearer is strumming it – hoping for the rest of us to ‘sing it’.
          PG Tips it ain’t!

      • asd 2.1.2

        What I would like to know is, was Lindsay Perigo paid off by SkyTv to get rid of the broadcasting fee with his Libertarians political party campaign, so that Sky could grab ascendancy and then dominance of the domestic TV market for subscribers/viewers? If that was a genuine conspiracy it worked a treat.

    • Colonial Viper 2.2

      We are lucky Sky exist even though its been instrumental in deconstructing public TV in this country?

      Yeah sure.

    • Draco T Bastard 2.3

      They provide fantastic service and we are lucky that they exist. The range of sport that we get across many channels is world leading.

      hahahahahahaha

      Oh, wait, you weren’t joking.

  3. Slap Shot 3

    Compared to the pay TV you get overseas SKY is terrible. You have to pay through the nose to get many of the decent channels because the butter is spread too thin.

    Might as well watch online for nothing. Call it civil disobedience because our government doesn’t do enough to protect us from a predatory monopoly.

  4. addison 4

    This vital asset should be immediately purchased buy the Government. Its profits should be kept in NZ for Kiwi mums and dads. It is after all an essential to Life, Nationalise it immediately. Better still make sure Kiwis buy it and then \Nationalise it.

    • freedom 4.1

      oh our aching sides,
      you really should go on tour with material like that,

      • Colonial Viper 4.1.1

        addison the pretend Tory from the pretend UK pretending to be retired in Nzzzzz

        • Rogue Trooper 4.1.1.1

          wotta ’bout Joycee wanting to claw-back funding if Unis enrolments drop more than 1%

    • Tim 4.2

      Addison, whilst once you were busy making GJ Homes Ads along with you nauseating ‘woifee’ having her orgasm over their perfection (GJ’s) and recent carpet sampling by post, it’s not likely to happen un John Key’s gubbamint – or perhaps even the PG Tipster under Labour.
      Just as an aside though ….. have you yet taken advantage of those side bars that desperately implore you to transfer the rest of your wealth to the colony (oops! sorry …. the DOMINION)?
      I’d hold off if I were you – until you’re certain those bloody natives don’t get ideas above their station.
      I mean …. the signs are there aye – those bennies are rattling their dags in desperation

      • Colonial Viper 4.2.1

        have you yet taken advantage of those side bars that desperately implore you to transfer the rest of your wealth to the colony (oops! sorry …. the DOMINION)?

        I believe that we can still be considered a Realm of the Commonwealth.

    • Tim 4.3

      I’ve a recording of a History Channel series addison you’d be interested in. “The Fall of the British Empire”. Over the three episodes it contains some simply gorgeous footage of African miners -some effectively working for nothing; Pakistan/Indian conflicts resulting from partitioning, that little ‘crisis’ in Malaysia; among other things. The NZ, Canadian and OZ ‘utterly British’ Dominion administrations of course were so grown up I don’t think they saw the need to include Australia’s stolen generation, or the fleecing of Canada’s and NZ’s indigenous.

  5. Tim 5

    Yep – sure can. Run up the flag. Actually CV, I’m glad we are, though our contribution as members of it and former Empire is not that great in recent days. Atonement for the bad bits that occurred is rather pathetic (maybe JohnKy is taking a leaf out of Oz’s book), and as for the good bits of membership that occasionally occurred can’t really be regarded as that significant.
    You can bet Jonky is busy studying Joolya’s latest dog whistle where by her RootyHill promise of jobs for the truly,UTTERLY assimilated OZers will be protected from all those queue jumpers and bloody boat people.
    Bet your undies Jonky will be looking for ways to further assist. Actually – it’ll be Steve – John’s trying to grease up South America. Now there’s an idea!. I’m not sure he realises just how ‘onto his case’ they actually are.
    It’ll be meetings behind closed doors – after which they can’t wait to leave the room to smirk!.
    Still, at least a few DPS will have had some R & R aye.

  6. xtasy 6

    To me the media in NZ is generally SHIT! There are those like Farrar justifying conditions by saying we get a lot of current affairs on air, but I decidedly disagree.

    NZ is run primarily by private or corporate media companies, and they are not informing properly and do not target focus on real issues that many NZers are affected by. Especially minorities are not given any voice at all, that includes Maori, Pacifica and beneficiaries for instance.

    Now how long ago did any of you see or hear Q+A or The Nation on TV? Every year it seems there is a 3-month break for these programs, and not much else is reported on on depth. The main news from any main TV channel are not delivering enough. I noted a slight improvement of recent, but it still leaves heaps to be desired. Where is for instance any “debate” on welfare reforms, just one issue and topic, which are the biggest changes in a generation???

    We get heaps on weather, crime, shark attacks, emotional issues, and what some selected pollies raise as headlines to profile their own interests, but nothing that really affects many NZers.

    The remaining “public” media is increasingly trying to compete with the private media to get “headline” stories and neglects other real issues. We have the advertisers dictate to us what broadcasters and print and online media should present, and little else. The remaining accountable and informative media is being phased out, I mention TVNZ7, Stratos and Triangle here in Auckland, the voices of many are being silenced, and one wonderw about the powers of one Steven Joyce, who ran Mediaworks.

    It is a shameful situation, leaving heaps to be desired, so this share sale by Sky TV is not going to change or improve anything, it will just change the ownership of a commercial outlet interested primarily in profit. It should raise questions and ask people to take action to get the media back into an environment where they can have a voice also. Take a bigger step than lament some share holder changes, please.

    • karol 6.1

      xtasy, I agree that the most crucial issue is the need for improvement of NZ media, especially news & current affairs/political reporting.

      However, this is tied up with the nature of media ownership, and the way it has changed over time. News Corps’ withdrawal from NZ, is a significant shift, so it’s important to consider how things are changing.

      I don’t agree that it will be just a change of ownership and nothing more. Murdoch was the leader in the neoliberal shift of news and current events to being “infotainment”. This involved the globalisation of media, plus the increasing control of the MSM by a small number of mega-corporations headed by media moguls like Murdoch. The mogul era now looks to be in decline, with banks/financial institutions increasingly becoming key players.

      Investment bankers like John Key’s ex-employers, have been looking for a while to get more of a foothold in the Hollywood and news media industries. Hence Key’s interest in Hollywood, Hobbits etc.

      crickelwood’s comment above identifies one of the key changes going on now, that may be causing the decline of Sky TV as we currently know it. This has to do with the increasing shift of media, and news to the internet. So now big mega-corporations are looking to get control of copyright etc (e.g. TPPA, Obama, and you can be sure the bankers’ lot will be in there too).

      NZ TV and news wasn’t great before the 80s, but public service broadcasting has gone into decline here at the same time as we saw the rise and rise of Murdoch. Now the entire ground is shifting, and we need to look at the relationship between broadcast media and the Internet. It does give us scope for mounting pressure for changes in new kinds of ways.

      I’m not happy with the shift of FACE to Sky. OTOH, the launch of the Dailyblog gives me some hope for a critical mass of alternative, quality news/political input via the web.

      • Don't worry be happy 6.1.1

        Is Murdoch going out of Sky to ready up his ancient loins for charter schools? Pots of money to be made there. NZ an excellent ‘proving’ ground for dodgy experiments….

  7. Lloyd 7

    Surely it is time for the people of New Zealand to buy any loose shares in Sky, with the obvious investor being the government.

    • tc 7.1

      This may be a prescursor for Foxtel arriving (Ruperts Oz pay service) as maybe the right chats with Joyce and Key whilst on his many US visits have been had.

  8. John Drinnan 8

    No not really
    In fact the Murdoch sale to other financial interests means that the New zealand ownership has increased. Of course it all becomes murky once debt is involved,
    May well change if an overseas company decides to take a cornerstone stake.
    At moment sky hasa much bigger proportion of NZ ownrrship than Mediaworks, APN, Fairfax

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    Hi,I felt a small wet tongue snaking through one of the holes in my Crocs. It explored my big toe, darting down one side, then the other. “He’s looking for some toe cheese,” said the woman next to me, words that still haunt me to this day.Growing up in New ...
    David FarrierBy David Farrier
    2 days ago
  • Not a story

    Yesterday I happily quoted the Prime Minister without fact-checking him and sure enough, it turns out his numbers were all to hell. It’s not four kg of Royal Commission report, it’s fourteen.My friend and one-time colleague-in-comms Hazel Phillips gently alerted me to my error almost as soon as I’d hit ...
    More Than A FeildingBy David Slack
    2 days ago
  • The Kākā’s Journal of Record for Thursday, July 25

    TL;DR: As of 6:00 am on Thursday, July 25, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day were:The Abuse in Care Royal Commission of Inquiry published its final report yesterday.PM Christopher Luxon and The Minister responsible for ...
    The KakaBy Bernard Hickey
    2 days ago
  • A tougher line on “proactive release”?

    The Official Information Act has always been a battle between requesters seeking information, and governments seeking to control it. Information is power, so Ministers and government agencies want to manage what is released and when, for their own convenience, and legality and democracy be damned. Their most recent tactic for ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • 'Let's build a motorway costing $100 million per km, before emissions costs'

    TL;DR: The top six things I’ve noted around housing, climate and poverty in Aotearoa’s political economy today are:Transport and Energy Minister Simeon Brown is accelerating plans to spend at least $10 billion through Public Private Partnerships (PPPs) to extend State Highway One as a four-lane ‘Expressway’ from Warkworth to Whangarei ...
    The KakaBy Bernard Hickey
    3 days ago
  • Lester's Prescription – Positive Bleeding.

    I live my life (woo-ooh-ooh)With no control in my destinyYea-yeah, yea-yeah (woo-ooh-ooh)I can bleed when I want to bleedSo come on, come on (woo-ooh-ooh)You can bleed when you want to bleedYea-yeah, come on (woo-ooh-ooh)Everybody bleed when they want to bleedCome on and bleedGovernments face tough challenges. Selling unpopular decisions to ...
    Nick’s KōreroBy Nick Rockel
    3 days ago
  • Casey Costello gaslights Labour in the House

    Please note:To skip directly to the- parliamentary footage in the video, scroll to 1:21 To skip to audio please click on the headphone icon on the left hand side of the screenThis video / audio section is under development. ...
    Mountain TuiBy Mountain Tui
    3 days ago
  • Why is the Texas grid in such bad shape?

    This is a re-post from the Climate Brink by Andrew Dessler Headline from 2021 The Texas grid, run by ERCOT, has had a rough few years. In 2021, winter storm Uri blacked out much of the state for several days. About a week ago, Hurricane Beryl knocked out ...
    3 days ago
  • Gordon Campbell on a textbook case of spending waste by the Luxon government

    Given the crackdown on wasteful government spending, it behooves me to point to a high profile example of spending by the Luxon government that looks like a big, fat waste of time and money. I’m talking about the deployment of NZDF personnel to support the US-led coalition in the Red ...
    WerewolfBy lyndon
    3 days ago
  • The Kākā’s Pick 'n' Mix for Wednesday, July 24

    TL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last day or so to 7:40 am on Wednesday, July 24 are:Deep Dive: Chipping away at the housing crisis, including my comments RNZ/Newsroom’s The DetailNews: Government softens on asset sales, ...
    The KakaBy Bernard Hickey
    3 days ago
  • LXR Takaanini

    As I reported about the city centre, Auckland’s rail network is also going through a difficult and disruptive period which is rapidly approaching a culmination, this will result in a significant upgrade to the whole network. Hallelujah. Also like the city centre this is an upgrade predicated on the City ...
    Greater AucklandBy Patrick Reynolds
    3 days ago
  • Four kilograms of pain

    Today, a 4 kilogram report will be delivered to Parliament. We know this is what the report of the Royal Commission of Inquiry into Abuse in State and Faith-based Care weighs, because our Prime Minister told us so.Some reporter had blindsided him by asking a question about something done by ...
    More Than A FeildingBy David Slack
    3 days ago
  • The Kākā’s Journal of Record for Wednesday, July 24

    TL;DR: As of 7:00 am on Wednesday, July 24, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day are:Beehive: Transport Minister Simeon Brown announced plans to use PPPs to fund, build and run a four-lane expressway between Auckland ...
    The KakaBy Bernard Hickey
    3 days ago
  • Luxon gets caught out

    NewstalkZB host Mike Hosking, who can usually be relied on to give Prime Minister Christopher Luxon an easy run, did not do so yesterday when he interviewed him about the HealthNZ deficit. Luxon is trying to use a deficit reported last year by HealthNZ as yet another example of the ...
    PolitikBy Richard Harman
    3 days ago
  • A worrying sign

    Back in January a StatsNZ employee gave a speech at Rātana on behalf of tangata whenua in which he insulted and criticised the government. The speech clearly violated the principle of a neutral public service, and StatsNZ started an investigation. Part of that was getting an external consultant to examine ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • Are we fine with 47.9% home-ownership by 2048?

    Renting for life: Shared ownership initiatives are unlikely to slow the slide in home ownership by much. Photo: Lynn Grieveson / The KākāTL;DR: The top six things I’ve noted around housing, climate and poverty in Aotearoa’s political economy today are:A Deloitte report for Westpac has projected Aotearoa’s home-ownership rate will ...
    The KakaBy Bernard Hickey
    4 days ago
  • Let's Win This

    You're broken down and tiredOf living life on a merry go roundAnd you can't find the fighterBut I see it in you so we gonna walk it outAnd move mountainsWe gonna walk it outAnd move mountainsAnd I'll rise upI'll rise like the dayI'll rise upI'll rise unafraidI'll rise upAnd I'll ...
    Nick’s KōreroBy Nick Rockel
    4 days ago
  • Waimahara: The Singing Spirit of Water

    There’s been a change in Myers Park. Down the steps from St. Kevin’s Arcade, past the grassy slopes, the children’s playground, the benches and that goat statue, there has been a transformation. The underpass for Mayoral Drive has gone from a barren, grey, concrete tunnel, to a place that thrums ...
    Greater AucklandBy Connor Sharp
    4 days ago
  • A major milestone: Global climate pollution may have just peaked

    This is a re-post from Yale Climate Connections Global society may have finally slammed on the brakes for climate-warming pollution released by human fossil fuel combustion. According to the Carbon Monitor Project, the total global climate pollution released between February and May 2024 declined slightly from the amount released during the same ...
    4 days ago
  • The Kākā’s Pick 'n' Mix for Tuesday, July 23

    TL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last day or so to 7:00 am on Tuesday, July 23 are:Deep Dive: Penlink: where tolling rhetoric meets reality BusinessDesk-$$$’s Oliver LewisScoop: Te Pūkenga plans for regional polytechs leak out ...
    The KakaBy Bernard Hickey
    4 days ago
  • The Kākā’s Journal of Record for Tuesday, July 23

    TL;DR: As of 6:00 am on Tuesday, July 23, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day are:Health: Shane Reti announced the Board of Te Whatu Ora- Health New Zealand was being replaced with Commissioner Lester Levy ...
    The KakaBy Bernard Hickey
    4 days ago
  • HealthNZ and Luxon at cross purposes over budget blowout

    Health NZ warned the Government at the end of March that it was running over Budget. But the reasons it gave were very different to those offered by the Prime Minister yesterday. Prime Minister Christopher Luxon blamed the “botched merger” of the 20 District Health Boards (DHBs) to create Health ...
    PolitikBy Richard Harman
    4 days ago
  • 2500-3000 more healthcare staff expected to be fired, as Shane Reti blames Labour for a budget defic...

    Long ReadKey Summary: Although National increased the health budget by $1.4 billion in May, they used an old funding model to project health system costs, and never bothered to update their pre-election numbers. They were told during the Health Select Committees earlier in the year their budget amount was deficient, ...
    Mountain TuiBy Mountain Tui
    4 days ago
  • Might Kamala Harris be about to get a 'stardust' moment like Jacinda Ardern?

    As a momentous, historic weekend in US politics unfolded, analysts and commentators grasped for precedents and comparisons to help explain the significance and power of the choice Joe Biden had made. The 46th president had swept the Democratic party’s primaries but just over 100 days from the election had chosen ...
    PunditBy Tim Watkin
    5 days ago
  • Solutions Interview: Steven Hail on MMT & ecological economics

    TL;DR: I’m casting around for new ideas and ways of thinking about Aotearoa’s political economy to find a few solutions to our cascading and self-reinforcing housing, poverty and climate crises.Associate Professor runs an online masters degree in the economics of sustainability at Torrens University in Australia and is organising ...
    The KakaBy Steven Hail
    5 days ago
  • Reported back

    The Finance and Expenditure Committee has reported back on National's Local Government (Water Services Preliminary Arrangements) Bill. The bill sets up water for privatisation, and was introduced under urgency, then rammed through select committee with no time even for local councils to make a proper submission. Naturally, national's select committee ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Vandrad the Viking, Christopher Coombes, and Literary Archaeology

    Some years ago, I bought a book at Dunedin’s Regent Booksale for $1.50. As one does. Vandrad the Viking (1898), by J. Storer Clouston, is an obscure book these days – I cannot find a proper online review – but soon it was sitting on my shelf, gathering dust alongside ...
    5 days ago
  • Gordon Campbell On The Biden Withdrawal

    History is not on the side of the centre-left, when Democratic presidents fall behind in the polls and choose not to run for re-election. On both previous occasions in the past 75 years (Harry Truman in 1952, Lyndon Johnson in 1968) the Democrats proceeded to then lose the White House ...
    WerewolfBy lyndon
    5 days ago
  • Joe Biden's withdrawal puts the spotlight back on Kamala and the USA's complicated relatio...

    This is a free articleCoverageThis morning, US President Joe Biden announced his withdrawal from the Presidential race. And that is genuinely newsworthy. Thanks for your service, President Biden, and all the best to you and yours.However, the media in New Zealand, particularly the 1News nightly bulletin, has been breathlessly covering ...
    Mountain TuiBy Mountain Tui
    5 days ago
  • Why we have to challenge our national fiscal assumptions

    A homeless person’s camp beside a blocked-off slipped damage walkway in Freeman’s Bay: we are chasing our tail on our worsening and inter-related housing, poverty and climate crises. Photo: Photo: Lynn Grieveson / The KākāTL;DR: The top six things I’ve noted around housing, climate and poverty in Aotearoa’s political economy ...
    The KakaBy Bernard Hickey
    5 days ago
  • Existential Crisis and Damaged Brains

    What has happened to it all?Crazy, some'd sayWhere is the life that I recognise?(Gone away)But I won't cry for yesterdayThere's an ordinary worldSomehow I have to findAnd as I try to make my wayTo the ordinary worldYesterday morning began as many others - what to write about today? I began ...
    Nick’s KōreroBy Nick Rockel
    5 days ago
  • A speed limit is not a target, and yet…

    This is a guest post from longtime supporter Mr Plod, whose previous contributions include a proposal that Hamilton become New Zealand’s capital city, and that we should switch which side of the road we drive on. A recent Newsroom article, “Back to school for the Govt’s new speed limit policy“, ...
    Greater AucklandBy Guest Post
    5 days ago
  • The Kākā’s Pick 'n' Mix for Monday, July 22

    TL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last day or so to 7:00 am on Monday, July 22 are:Today’s Must Read: Father and son live in a tent, and have done for four years, in a million ...
    The KakaBy Bernard Hickey
    5 days ago
  • The Kākā’s Journal of Record for Monday, July 22

    TL;DR: As of 7:00 am on Monday, July 22, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day are:US President Joe Biden announced via X this morning he would not stand for a second term.Multinational professional services firm ...
    The KakaBy Bernard Hickey
    5 days ago
  • 2024 SkS Weekly Climate Change & Global Warming News Roundup #29

    A listing of 32 news and opinion articles we found interesting and shared on social media during the past week: Sun, July 14, 2024 thru Sat, July 20, 2024. Story of the week As reflected by preponderance of coverage, our Story of the Week is Project 2025. Until now traveling ...
    6 days ago
  • I'd like to share what I did this weekend

    This weekend, a friend pointed out someone who said they’d like to read my posts, but didn’t want to pay. And my first reaction was sympathy.I’ve already told folks that if they can’t comfortably subscribe, and would like to read, I’d be happy to offer free subscriptions. I don’t want ...
    Mountain TuiBy Mountain Tui
    6 days ago
  • For the children – Why mere sentiment can be a misleading force in our lives, and lead to unex...

    National: The Party of ‘Law and Order’ IntroductionThis weekend, the Government formally kicked off one of their flagship policy programs: a military style boot camp that New Zealand has experimented with over the past 50 years. Cartoon credit: Guy BodyIt’s very popular with the National Party’s Law and Order image, ...
    Mountain TuiBy Mountain Tui
    6 days ago
  • A friend in uncertain times

    Day one of the solo leg of my long journey home begins with my favourite sound: footfalls in an empty street. 5.00 am and it’s already light and already too warm, almost.If I can make the train that leaves Budapest later this hour I could be in Belgrade by nightfall; ...
    More Than A FeildingBy David Slack
    6 days ago
  • The Chaotic World of Male Diet Influencers

    Hi,We’ll get to the horrific world of male diet influencers (AKA Beefy Boys) shortly, but first you will be glad to know that since I sent out the Webworm explaining why the assassination attempt on Donald Trump was not a false flag operation, I’ve heard from a load of people ...
    David FarrierBy David Farrier
    6 days ago
  • It's Starting To Look A Lot Like… Y2K

    Do you remember Y2K, the threat that hung over humanity in the closing days of the twentieth century? Horror scenarios of planes falling from the sky, electronic payments failing and ATMs refusing to dispense cash. As for your VCR following instructions and recording your favourite show - forget about it.All ...
    Nick’s KōreroBy Nick Rockel
    1 week ago
  • Bernard’s Saturday Soliloquy for the week to July 20

    Climate Change Minister Simon Watts being questioned by The Kākā’s Bernard Hickey.TL;DR: My top six things to note around housing, climate and poverty in Aotearoa’s political economy in the week to July 20 were:1. A strategy that fails Zero Carbon Act & Paris targetsThe National-ACT-NZ First Coalition Government finally unveiled ...
    The KakaBy Bernard Hickey
    1 week ago
  • Pharmac Director, Climate Change Commissioner, Health NZ Directors – The latest to quit this m...

    Summary:As New Zealand loses at least 12 leaders in the public service space of health, climate, and pharmaceuticals, this month alone, directly in response to the Government’s policies and budget choices, what lies ahead may be darker than it appears. Tui examines some of those departures and draws a long ...
    Mountain TuiBy Mountain Tui
    1 week ago
  • Flooding Housing Policy

    The Minister of Housing’s ambition is to reduce markedly the ratio of house prices to household incomes. If his strategy works it would transform the housing market, dramatically changing the prospects of housing as an investment.Leaving aside the Minister’s metaphor of ‘flooding the market’ I do not see how the ...
    PunditBy Brian Easton
    1 week ago
  • A Voyage Among the Vandals: Accepted (Again!)

    As previously noted, my historical fantasy piece, set in the fifth-century Mediterranean, was accepted for a Pirate Horror anthology, only for the anthology to later fall through. But in a good bit of news, it turned out that the story could indeed be re-marketed as sword and sorcery. As of ...
    1 week ago
  • The Kākā's Chorus for Friday, July 19

    An employee of tobacco company Philip Morris International demonstrates a heated tobacco device. Photo: Getty ImagesTL;DR: The top six things I’ve noted around housing, climate and poverty in Aotearoa’s political economy on Friday, July 19 are:At a time when the Coalition Government is cutting spending on health, infrastructure, education, housing ...
    The KakaBy Bernard Hickey
    1 week ago
  • The Kākā’s Pick 'n' Mix for Friday, July 19

    TL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last day or so to 8:30 am on Friday, July 19 are:Scoop: NZ First Minister Casey Costello orders 50% cut to excise tax on heated tobacco products. The minister has ...
    The KakaBy Bernard Hickey
    1 week ago
  • Weekly Roundup 19-July-2024

    Kia ora, it’s time for another Friday roundup, in which we pull together some of the links and stories that caught our eye this week. Feel free to add more in the comments! Our header image this week shows a foggy day in Auckland town, captured by Patrick Reynolds. ...
    Greater AucklandBy Greater Auckland
    1 week ago
  • Weekly Climate Wrap: A market-led plan for failure

    TL;DR : Here’s the top six items climate news for Aotearoa this week, as selected by Bernard Hickey and The Kākā’s climate correspondent Cathrine Dyer. A discussion recorded yesterday is in the video above and the audio of that sent onto the podcast feed.The Government released its draft Emissions Reduction ...
    The KakaBy Bernard Hickey
    1 week ago
  • Tobacco First

    Save some money, get rich and old, bring it back to Tobacco Road.Bring that dynamite and a crane, blow it up, start all over again.Roll up. Roll up. Or tailor made, if you prefer...Whether you’re selling ciggies, digging for gold, catching dolphins in your nets, or encouraging folks to flutter ...
    Nick’s KōreroBy Nick Rockel
    1 week ago
  • Trump’s Adopted Son.

    Waiting In The Wings: For truly, if Trump is America’s un-assassinated Caesar, then J.D. Vance is America’s Octavian, the Republic’s youthful undertaker – and its first Emperor.DONALD TRUMP’S SELECTION of James D. Vance as his running-mate bodes ill for the American republic. A fervent supporter of Viktor Orban, the “illiberal” prime ...
    1 week ago
  • The Kākā’s Journal of Record for Friday, July 19

    TL;DR: As of 6:00 am on Friday, July 19, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day are:The PSA announced the Employment Relations Authority (ERA) had ruled in the PSA’s favour in its case against the Ministry ...
    The KakaBy Bernard Hickey
    1 week ago

  • Joint statement from the Prime Ministers of Canada, Australia and New Zealand

    Australia, Canada and New Zealand today issued the following statement on the need for an urgent ceasefire in Gaza and the risk of expanded conflict between Hizballah and Israel. The situation in Gaza is catastrophic. The human suffering is unacceptable. It cannot continue.  We remain unequivocal in our condemnation of ...
    BeehiveBy beehive.govt.nz
    18 hours ago
  • AG reminds institutions of legal obligations

    Attorney-General Judith Collins today reminded all State and faith-based institutions of their legal obligation to preserve records relevant to the safety and wellbeing of those in its care. “The Abuse in Care Inquiry’s report has found cases where records of the most vulnerable people in State and faith‑based institutions were ...
    BeehiveBy beehive.govt.nz
    20 hours ago
  • More young people learning about digital safety

    Minister of Internal Affairs Brooke van Velden says the Government’s online safety website for children and young people has reached one million page views.  “It is great to see so many young people and their families accessing the site Keep It Real Online to learn how to stay safe online, and manage ...
    BeehiveBy beehive.govt.nz
    21 hours ago
  • Speech to the Conference for General Practice 2024

    Tēnā tātou katoa,  Ngā mihi te rangi, ngā mihi te whenua, ngā mihi ki a koutou, kia ora mai koutou. Thank you for the opportunity to be here and the invitation to speak at this 50th anniversary conference. I acknowledge all those who have gone before us and paved the ...
    BeehiveBy beehive.govt.nz
    23 hours ago
  • Employers and payroll providers ready for tax changes

    New Zealand’s payroll providers have successfully prepared to ensure 3.5 million individuals will, from Wednesday next week, be able to keep more of what they earn each pay, says Finance Minister Nicola Willis and Revenue Minister Simon Watts.  “The Government's tax policy changes are legally effective from Wednesday. Delivering this tax ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Experimental vineyard futureproofs wine industry

    An experimental vineyard which will help futureproof the wine sector has been opened in Blenheim by Associate Regional Development Minister Mark Patterson. The covered vineyard, based at the New Zealand Wine Centre – Te Pokapū Wāina o Aotearoa, enables controlled environmental conditions. “The research that will be produced at the Experimental ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Funding confirmed for regions affected by North Island Weather Events

    The Coalition Government has confirmed the indicative regional breakdown of North Island Weather Event (NIWE) funding for state highway recovery projects funded through Budget 2024, Transport Minister Simeon Brown says. “Regions in the North Island suffered extensive and devastating damage from Cyclone Gabrielle and the 2023 Auckland Anniversary Floods, and ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Indonesian Foreign Minister to visit

    Indonesia’s Foreign Minister, Retno Marsudi, will visit New Zealand next week, Foreign Minister Winston Peters has announced.   “Indonesia is important to New Zealand’s security and economic interests and is our closest South East Asian neighbour,” says Mr Peters, who is currently in Laos to engage with South East Asian partners. ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Strengthening partnership with Ngāti Maniapoto

    He aha te kai a te rangatira? He kōrero, he kōrero, he kōrero. The government has reaffirmed its commitment to supporting the aspirations of Ngāti Maniapoto, Minister for Māori Development Tama Potaka says. “My thanks to Te Nehenehenui Trust – Ngāti Maniapoto for bringing their important kōrero to a ministerial ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Transport Minister thanks outgoing CAA Chair

    Transport Minister Simeon Brown has thanked outgoing Chair of the Civil Aviation Authority, Janice Fredric, for her service to the board.“I have received Ms Fredric’s resignation from the role of Chair of the Civil Aviation Authority,” Mr Brown says.“On behalf of the Government, I want to thank Ms Fredric for ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Test for Customary Marine Title being restored

    The Government is proposing legislation to overturn a Court of Appeal decision and amend the Marine and Coastal Area Act in order to restore Parliament’s test for Customary Marine Title, Treaty Negotiations Minister Paul Goldsmith says.  “Section 58 required an applicant group to prove they have exclusively used and occupied ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Opposition united in bad faith over ECE sector review

    Regulation Minister David Seymour says that opposition parties have united in bad faith, opposing what they claim are ‘dangerous changes’ to the Early Childhood Education sector, despite no changes even being proposed yet.  “Issues with affordability and availability of early childhood education, and the complexity of its regulation, has led ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Kiwis having their say on first regulatory review

    After receiving more than 740 submissions in the first 20 days, Regulation Minister David Seymour is asking the Ministry for Regulation to extend engagement on the early childhood education regulation review by an extra two weeks.  “The level of interest has been very high, and from the conversations I’ve been ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government upgrading Lower North Island commuter rail

    The Coalition Government is investing $802.9 million into the Wairarapa and Manawatū rail lines as part of a funding agreement with the NZ Transport Agency (NZTA), KiwiRail, and the Greater Wellington and Horizons Regional Councils to deliver more reliable services for commuters in the lower North Island, Transport Minister Simeon ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government moves to ensure flood protection for Wairoa

    Local Government Minister Simeon Brown has announced his intention to appoint a Crown Manager to both Hawke’s Bay Regional and Wairoa District Councils to speed up the delivery of flood protection work in Wairoa."Recent severe weather events in Wairoa this year, combined with damage from Cyclone Gabrielle in 2023 have ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • PM speech to Parliament – Royal Commission of Inquiry’s Report into Abuse in Care

    Mr Speaker, this is a day that many New Zealanders who were abused in State care never thought would come. It’s the day that this Parliament accepts, with deep sorrow and regret, the Report of the Royal Commission of Inquiry into Abuse in Care.  At the heart of this report are the ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government acknowledges torture at Lake Alice

    For the first time, the Government is formally acknowledging some children and young people at Lake Alice Psychiatric Hospital experienced torture. The final report of the Royal Commission of Inquiry into Abuse in State and Faith-based Care “Whanaketia – through pain and trauma, from darkness to light,” was tabled in Parliament ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government acknowledges courageous abuse survivors

    The Government has acknowledged the nearly 2,400 courageous survivors who shared their experiences during the Royal Commission of Inquiry into Historical Abuse in State and Faith-Based Care. The final report from the largest and most complex public inquiry ever held in New Zealand, the Royal Commission Inquiry “Whanaketia – through ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Half a million people use tax calculator

    With a week to go before hard-working New Zealanders see personal income tax relief for the first time in fourteen years, 513,000 people have used the Budget tax calculator to see how much they will benefit, says Finance Minister Nicola Willis.  “Tax relief is long overdue. From next Wednesday, personal income ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Paid Parental Leave improvements pass first reading

    Workplace Relations and Safety Minister Brooke van Velden says a bill that has passed its first reading will improve parental leave settings and give non-biological parents more flexibility as primary carer for their child. The Regulatory Systems Amendment Bill (No3), passed its first reading this morning. “It includes a change ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Rebuilding the economy through better regulation

    Two Bills designed to improve regulation and make it easier to do business have passed their first reading in Parliament, says Economic Development Minister Melissa Lee. The Regulatory Systems (Economic Development) Amendment Bill and Regulatory Systems (Immigration and Workforce) Amendment Bill make key changes to legislation administered by the Ministry ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • ‘Open banking’ and ‘open electricity’ on the way

    New legislation paves the way for greater competition in sectors such as banking and electricity, Commerce and Consumer Affairs Minister Andrew Bayly says. “Competitive markets boost productivity, create employment opportunities and lift living standards. To support competition, we need good quality regulation but, unfortunately, a recent OECD report ranked New ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Charity lotteries to be permitted to operate online

    Minister of Internal Affairs Brooke van Velden says lotteries for charitable purposes, such as those run by the Heart Foundation, Coastguard NZ, and local hospices, will soon be allowed to operate online permanently. “Under current laws, these fundraising lotteries are only allowed to operate online until October 2024, after which ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Accelerating Northland Expressway

    The Coalition Government is accelerating work on the new four-lane expressway between Auckland and Whangārei as part of its Roads of National Significance programme, with an accelerated delivery model to deliver this project faster and more efficiently, Transport Minister Simeon Brown says. “For too long, the lack of resilient transport connections ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Sir Don to travel to Viet Nam as special envoy

    Sir Don McKinnon will travel to Viet Nam this week as a Special Envoy of the Government, Foreign Minister Winston Peters has announced.    “It is important that the Government give due recognition to the significant contributions that General Secretary Nguyen Phu Trong made to New Zealand-Viet Nam relations,” Mr ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Grant Illingworth KC appointed as transitional Commissioner to Royal Commission

    Minister of Internal Affairs Brooke van Velden says newly appointed Commissioner, Grant Illingworth KC, will help deliver the report for the first phase of the Royal Commission of Inquiry into COVID-19 Lessons, due on 28 November 2024.  “I am pleased to announce that Mr Illingworth will commence his appointment as ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • NZ to advance relationships with ASEAN partners

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