Chorus insider trading?

The Government appears to be softening us up for a financial contribution to Chorus in the realm of $250 million so that it can do what it has a contractual obligation to do anyway.  And TUANZ thinks that some insider trading is going on with Chorus’s shares.

The Good and the Bad: NZ screen industry

The NZ government changes to NZ’s screen industry incentives is a mixed bag. Some (not fully developed) support for a sustainable NZ industry. Selling out NZ workers; bowing to Hollywood corporate, neo-colonial values.

SkyCity: they’re toxic

The detail of the Ernest and Young report on Len Brown clears him of all significiant wrongdoing on the local government purse. The hotel room upgrade values are just complete bullshit for someone who had a regular family timeouts at one hotel – which did most of the almost all of the upgrades. The type of customer that all hotels want. The political question is about receiving anything “free” from Skycity.

What happened to the working class?

In post WWII UK, working class people were gaining a stronger voice in public life.  Then came Thatcher and middle class capture of politics & the media.  Something similar happened in NZ.  How can those on low incomes and/or from the working classes gain a stronger voice in NZ politics?

Summer service: the real economy

The summer holiday period is a time when consumerism is rampant, contradicting the traditional Christian message .  It adds pressure to those already struggling, especially those with young families. Places to support via time, donations, gifts, etc.

Turning around the books

So according to John Key, turnout in the referendum is so low it doesn’t mean anything to him (despite his government working hard to get turnout down).  But he reckons it does mean David Cunliffe needs to promise to buy back the assets..?

The party I will vote for ….

… will be one that has effective policies to make a more equal, inclusive and democratic society, will seriously address the concerns of those least well-off, and not just pander to the concerns of people on (comfortable) middle incomes.Values in need of a slogan?

On Pike

The decision announced today (but made when?) to withdraw the charges against Pike CEO Peter Whittall cannot be left to rest. When did […]

Pike River – Charges against Peter Whittall withdrawn

The charges that Peter Whittall faced concerning the Pike River deaths have been withdrawn.  And he and the then directors of Pike River are paying $3.4 million compensation to the victims families.  While it is pleasing for the families to receive some compensation for their loss does the sanctity of our justice system require that the prosecutions should have continued?

A more equitable society

Welfare benefits and how you provide for the disadvantaged is one of the primary distinguishing features of the difference between the left and right of the political spectrum. Here is a proposal on how to make sure that the wealth of society is better distributed. It would require consensus from most people to implement as it would fundamentally change the fabric of society.

Smile and Wave

Confronted with a protest about the government’s lack of action on child poverty, John Key’s response is: “So yeah, they just protest because […]

The new right wing party

With ACT’s imminent demise, the Conservatives appearing to be decided flakey and National losing its free market credentials by engaging in crony capitalism the temptation to set up a new political party on the right is increasing.  And you can be assured that money will not be a problem.

What chance is there of a bipartisan approach to child poverty?

The findings of the child poverty monitoring report are being released today.  One in four or 265,000 children live in poverty and one in ten live in severe poverty.  Children’s Commissioner Dr Russell Wills has called for a bipartisan political approach to the issue but Paula Bennett has replied by saying that she is incredibly proud of the Government’s record.  How can you be incredibly proud of allowing one in four children to live in poverty?

Child Poverty in New Zealand

The Herald on Sunday this morning has produced a series of chilling articles showing that a computer glitch has caused the under reporting of abuse notifications, and a worrying increase in admission to hospital of children suffering form third world diseases.  And the Children’s Commissioner had to secure funding from a private trust so that the data for this report could be collated.  It makes you wonder if the Government wants to know the extent of child poverty in Aotearoa.

Labour shoot themselves in the foot, again!

Just when you begin to think Labour are looking like a Government, one of the has-beens from the Rogernomics era, again! shows that they have NFI how to get elected and they are still clinging desperately to the Neo-liberal paradigm.

The value of Sick Leave

Business NZ says sick leave costs us $1.26 billion per year.  Some might say that illness costs us more than that, and that’s business paying their share, to look after their employees which will benefit the business in the long run.

Asset sale disaster

The Government are lowering their lowest estimate for how much they’ll raise from asset sales. They’ve done a terrible job implementing a stupid policy – if you’re going to put your ideological blinkers on and do it, at least do it right. Now it must stop.

Census 2013: increase in inequality

NZ Census 2013 shows a widening income gap: rises for the haves; more struggle for the have nots.  Gains for women in education and some in the highest income brackets; more struggle for those on low incomes, especially beneficiaries impacted by Bennett’s punitive welfare reforms. Welcome to Key’s “Brighter Future”.

Chorus sings a Dirge

I welcomed Amy Adams independent review of Chorus’s financial claims in response to Chorus’s sad song. Not something I should say in a […]

Get me inta here!

Some things don’t require much in the way of brains. Shame then that we tend to let no brain people determine shit so often.

Assets sales make Crown a billion poorer

In the Budget, the Government said asset sales would increase the net worth of the Crown by half a billion dollars because eager mums and dads were going to snap the shares up for more than they were worth on the government books. As we know, it didn’t quite work out that way. The Greens have updated the Budget and found the impact is $1.5 billion worse than expected.

Axe the Copper Tax wins

Every other political party has said an emphatic no to National’s proposal to override the Commerce Commission’s reduction in broadband charges.  I suspect that  Cabinet and Chorus’s board are not having a very good day …

Battle weary & marginalised: state housing

The National government is destroying NZ’s state housing system.  Right of tenure removed,  a shift towards private provision of “social housing”,  housing campaigners marginalised, & Tracy Watkins crowing about the shift from the “welfare state”. Greens & Mana are for more state houses.  And Labour? [Update] Picket of (Nat) Party for the Rich Dec 8 Akl. NZH article.

Boris Johnson thinks the super rich are a put upon minority

From the you have to be out of your freaking mind file comes this gem from England.  Boris Johnson thinks that the ultra wealthy are a put upon bullied minority just like the homeless and Irish travellers and ex-gang members and deserve our thanks and gratitude.

Coat-tail of Many Colours

Te Reo Putake speculates on exactly what plan that National and John Key have to distort the MMP review and Iain Lee Galloway’s private members bill so that it allows them to stay in power. Most probably by gifting Crazy Colin and the Conservatives with several chances to get several partners into parliament while discarding the husks of their former coalition partners.

Nat government treachery destroys public broadcasting

Key’s government has destroyed the weak attempts by Labour to enable some public service broadcasting on Freeview.  The NActs have employed ideologically-driven, irrational, bad faith, underhand, agreement-breaking moves to protect commercial monopoly. The CBB is campaigning for non-commercial TV channels.

Greenpeace v Simon Bridges

The Greenpeace Yacht Vega has set up camp in the area that Andarko wants to drill for deep sea oil.  The recent law changes designed by Simon Bridges was meant to cover all possible loopholes.  But has he left one open?