National Party President selling out?

The $25 million deal prompted considerable curiosity because it involved an off-market purchase of shares from Sanford’s second biggest shareholder, Avalon Investment Trust, which is run by the family of Peter Goodfellow.

Welsh Assembly.

A post to illustrate how fixed term parliaments work…off the back of some really woeful reportage.

John Key chickens out of #panamapapers interview

This morning John Key refused to be interviewed on Radio New Zealand after learning that they intended to ask him questions about the Panama Papers.  And some elements of the media are for some strange reason trying to say there is nothing to see because he personally has not been implicated.

Sprung! New Panama Papers dump confirm NZ is a tax haven

A new release of Panama papers absolutely confirms New Zealand is a tax haven says Nicky Hager. And ironically, it is because of New Zealand’s squeaky clean reputation that tens of thousands of foreigners have come flooding here.
Rather than actually dealing with the issue, John Key is using his old classics “nothing to see here” coupled with “Labour did it too”, “nicky hager is a conspiracy nut”, and “wait for the (Shewan) whitewash enquiry” defenses.

A week is a long time in politics

Over the past week the Government has gone from “there is no problem with the Overseas Investment Office” to announcing an urgent review and a staffing boost to make sure that approvals of foreign purchases of land are being properly processed.

Labour’s strong week – National and land sales to foreigners

Labour had a strong week this week with the disclosure of individuals behind a Mossack Fonseca related entity had criminal convictions for environmental damage forcing the OIO to review its original decision.   Grant Robertson has correctly called for a full inquiry into the circumstances relating to the Government stopping a review of the Foreign Trust regime.  And Phil Twyford has persuaded the OAG to rule that Housing New Zealand’s handling of parts of the housing sale process were sub standard.

Key’s Blind Trust vs Our Blind Faith

So Key’s lawyer reckons the PM directly requested that trust industry leaders lobby the Revenue Minister. On the other hand, PM DunnoKeyo reckons he did no such thing. That leaves some really big questions …

Mossack Fonseca bites National on the arse

John Key is facing some problems describing how a Mossack Fonseca company ended up owning a New Zealand farm and how after his lawyer asked the Government not to change the rules surrounding foreign trusts the Government moved to make sure that no rule change would occur.