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Daily review 17/10/2025

Written By: - Date published: 5:30 pm, October 17th, 2025 - 8 comments
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Daily review is also your post.

This provides Standardistas the opportunity to review events of the day.

The usual rules of good behaviour apply (see the Policy).

Don’t forget to be kind to each other …

8 comments on “Daily review 17/10/2025 ”

  1. SPC 1

    The New Zealand Initiative wants government to disperse Kainga Ora stock to social housing providers.

    Well not exactly.

    Options include selling state houses to community housing providers, iwi organisations, private landlords, or current tenants.

    Recourse to vouchers (rent money) should be considered to give tenants more choice in housing providers.

    (mad as, the providers would not be able to maintain stock if they had debt to pay off with the rent money)

    More of Kāinga Ora’s land inventory could also be usefully sold to private developers to enhance the supply of housing.

    The government has already flat-lined building of state housing)

    This is a looting of the public asset with consequences for the nest generation, all as more New Zealanders will retire without home ownership.

    https://www.nzinitiative.org.nz/reports-and-media/reports/owning-less-to-achieve-more/

  2. joe90 2

    obligatory

  3. joe90 3

    AI, re-shoring manufacturing… so much winning…

    /

    “It’s the most humbling thing I’ve ever seen,” said Ford’s chief executive about his recent trip to China.

    After visiting a string of factories, Jim Farley was left astonished by the technical innovations being packed into Chinese cars – from self-driving software to facial recognition.

    “Their cost and the quality of their vehicles is far superior to what I see in the West,” Farley warned in July.

    “We are in a global competition with China, and it’s not just EVs. And if we lose this, we do not have a future at Ford.”

    The car industry boss is not the only Western executive to have returned shaken following a visit to the Far East.

    Andrew Forrest, the Australian billionaire behind mining giant Fortescue – which is investing massively in green energy – says his trips to China convinced him to abandon his company’s attempts to manufacture electric vehicle powertrains in-house.

    “I can take you to factories [in China] now, where you’ll basically be alongside a big conveyor and the machines come out of the floor and begin to assemble parts,” he says.

    […]

    Other executives describe vast, “dark factories” where robots do so much of the work alone that there is no need to even leave the lights on for humans.

    “We visited a dark factory producing some astronomical number of mobile phones,” recalls Greg Jackson, the boss of British energy supplier Octopus.

    “The process was so heavily automated that there were no workers on the manufacturing side, just a small number who were there to ensure the plant was working.

    “You get this sense of a change, where China’s competitiveness has gone from being about government subsidies and low wages to a tremendous number of highly skilled, educated engineers who are innovating like mad.”

    https://www.telegraph.co.uk/business/2025/10/12/why-western-executives-visit-china-coming-back-terrified/

    archivedotli

    • gsays 3.1

      Interesting article.

      Kind of a Communism good news story. The government getting banks and businesses to innovate in a way that rewards the consumer, rather than CEOs and shareholders.

      There must be something we can learn from this. But horses and water and all that.

    • Incognito 3.2

      Big is good, fast is better.

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