The SOE sell down three years on

Some time in the next 12 months it is likely that the forgone dividend payments and loss in share value from the Power Company shares and Air NZ share sale will be greater than the amount received, only three years after the sale.

National’s Rodeo.

The fiction that National is doing a competent job of managing the economy is entirely due, now that the boom from Dairy and Christchurch rebuilding is ending, to immigration and rising house prices.

They are now riding a bolting horse that they cannot dismount, caused by their own inaction.

Arise, Sir Lynton

Lynton Crosby on his knees receiving a knighthood for services to conservative politics. To me, this really signals who is running the show, who is still running the show, and what their values are.

Buying Awaroa beach

“There is a pristine piece of beach and bush in the heart of the Abel Tasman up for private sale. Together we can buy it and gift it to NZ.”

Sayonara Serco

Serco’s contract to run the Mt Eden Corrections Facility will not be renewed when it expires next year.

John Key’s hedge fund mate behind Teach First (NZ)

Julian Robertston, a US billionaire who made his money with hedge fund Tiger Management, Merryl Lynch’s largest customer when John Key was working there, is the man behind privatisation trojan horse Teach First (NZ).

Use of Teach First (NZ) illegal

To date, TeachFirst(NZ) has received more than $6.4 million dollars of public money and, as a result, has infested 18 schools with dozens of so-called “teachers”.

TiSA reduces COP21 to a charade

That National Ltd™ is currently in the process of giving away New Zealand’s sovereignty in areas such as energy resources and related regulations, explains its contempt for the environment and the talking down of expectations regarding climate change.

Jarrod Gilbert 1 – Windmills 0

About time the Police got around to becoming a “very evidence based” service. Building great relationships with academia is a sensible way to start.

Minister declined to comment…

Isn’t it amazing how many Ministers can’t wait to front up to the media when they are selling. But when it comes to after sale service they just don’t want to front?

Where is Peseta Sam?

This week we have had the release of the Priestley Report into the escape of Phillip Smith which details a litany of problems within Corrections and overnight there have been reports of rape and assault on a person moved from segregation in Serco managed South Auckland Correctional Facility.  But no sign of Corrections Minister Sam Lotu Iiga.  Where is he?

250 to 300 Job Losses at Unitec in Auckland

Under Unitec’s new vision students will be known as Customers. Student services will be outsourced (overseas)

Aspiration statement
To be a world leader in contemporary applied learning and an agent of positive economic and social change
.

Serco, Lotu-Iiga and the death of Nick Evans

Nick Evans was alleged to have been dropped from a height while being supervised in a Serco run prison.  He was transferred to another prison and shortly after this died from injuries apparently inflicted from the dropping.  Yet there is no police investigation and Minister in charge Lotu-Iiga says the allegations are “unproven” without making the most basic of inquiries.

Serco should be sacked

Video from the urgent debate today in Parliament concerning Serco and that company’s failure to abide by basic standards of imprisonment.

New Powers to Ministers to screw Iwi

The Social Housing Reform (Transaction Mandate) Bill allows designated Ministers to sell off state houses. Currently Housing New Zealand has no such power. Interestingly however this Government could introduce a Bill with criteria to enable sales to be signed off by the CE of Housing New Zealand but instead they are seeking that power for themselves. But within it there is a fishhook for iwi. UPDATE: comment from Turei and response from Bennett

Sky City redux – the house still wins

Sky City has managed to persuade the Government to allow it to build a cheaper building while retaining the same valuable gambling regulatory concessions.  Update: and the Government appears to have made further contractual concessions to Sky City.

National Ltd™Plays The Race Card

The Auditor General found that no one in National Ltd™, the Māori Party, Te Puni Korkiri, or any other of its apologists can detail exactly what Whānau Ora is supposed to be doing, provide evidence of its outcomes, or explain why up to 33% of the money is being paid in “administration”. In other words, Whānau Ora is a shambles. And dodgy.

Then they came for Child Youth and Family

The Government has appointed Paula Restock to head an expert panel tasked to review Child Youth and Family.  Even now the intent appears clear, outsource functions and cut costs.  But if they were determined to improve matters they should reduce child poverty.

The Sky City Convention Centre

Sky City is doing what Rio Tinto and Warner Brothers have done in the past.  Threaten to walk away from a deal unless the Government writes you a big cheque …