John Key vs the world

Is John Key the only international leader defending tax havens? Includes bonus international media round up of yesterday’s revelations.

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.

Another Panama dump on NZ links

Australia’s Financial Review has just published more details of NZ’s starring role as tax haven in the Panama Papers.

Update: Claims that Key’s lawyer never dealt with Mossack Fonseca seem to be – untrue.

UK Council Elections; A Referendum on Corbyn?

Voting in the UK council, mayoral and assembly elections has just closed. The first results are coming in and there appears to be a big protest vote. In Scotland, the question is who will come second, Labour or the Tories. In London, Sadiq Khan was a shoo in for mayor until Ken Livingstone had a brain fart. In Wales, the Greens and UKIP are hoping to make significant gains.

Ultimately, all eyes are on Jeremy Corbyn. This is make or break for the Labour leader.

Peters vs Carter

Winston Peters is already wielding his kingmaker powers. If National roll over over, I wonder what else Peters can get out of them over the next few months?

Key’s sloppy trust

An editorial in The Herald today keeps the pressure on Key. Meanwhile his “lawyer” can’t be happy, and Key hits peak condescension.

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.

Key and McClay sorting out their lines

On the nobbled IRD tax haven review Key has been sorting out his lines. Then he had to feed McClay his. The concept of just telling the truth probably never occured to either of them.

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.

Little just visited NZ troops in Iraq

“Opposition Leader Andrew Little has visited New Zealand troops at Camp Taji, Iraq. Mr Little also met with Iraqi Defence Minister Khaled Al-Obedih and senior military officials from the Coalition forces in Iraq. He now heads to Jordan to see the unfolding refugee crisis first hand.”

Key’s land tax – too weak

Reaction to Key’s land tax has been luke warm at best, with strong calls for more effective action. Labour is promising “a ‘tidal wave’ of big housing reforms”…