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I've had a crack at working out how much we lose by cancelling the Cullen Fund contributions according to the Treasury's figures in the Budget. I come out with a loss of $7.5 billion by 2023. That's a little lower than the figures Guyon Espiner…
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Over at No Right Turn, Idiot/Savant writes:- The Auckland Governance Committee has called for submissions on the Local Government (Auckland Council) Bill. Two copies, by Friday, 26 June 2009, to: Auckland Governance Committee Secretariat Parliament Buildings Wellington The bill contains the details of the government's…
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The principle of liberalism is that there should be no restriction on the freedoms of the individual except to realise a greater benefit for others (and, sometimes, the individual themselves). Society (or its tool the State) should do no harm to individuals unless to create…
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DPF writes on the cost of cancelling contributions to the Cullen Fund: First of all, it is true that under the 11 year contributions holiday, the Super Fund in 2030 will be worth only $81 billion instead of $118 billion - a $37 billion difference....Over…
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You've done your job as a spin doctor when journalists start repeating your spin sub-consciously. The credit downgrade 'issue' is a great example. There was never any threat of a downgrade, as long as the tax cuts were dropped. The journalists all acted like there…
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Tax cuts are the right wing's favourite answer to every question. Before the election, National were promising us that tax cuts were the key to economic growth: Key: "National will deliver an ongoing programme of personal tax cuts. Fundamentally, National believes in the growth-enhancing power…
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This part of Vernon Small's article today deserves an extended quote: "The numbers are stark. If full payments resume in 2020, contributions will have to be more than $1b a year higher than if we continued as normal now. Even then, from 2020 till 2030…
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A few weeks back, in the best traditions of tabloid TV, Q+A took time to mention Lockwood's ride, the macho muscle car Ford Falcon Cobra - a car that screams red-blooded heterosexuality. It got me wondering. I heard Helen Clark used to drive a Mitsi when…