Analysts are apparently 'not worried' about the impact of the increasingly likely-looking closure of Tiwai Point on the price of electricity and, hence, on the value of the assets National is trying to hock. A 12% reduction is all one analyst sees in Mighty River's…
You know, when it came out that Key was good mates with his new GCSB spy boss, Ian Fletcher, (a man who was appointed despite lack of experience in spying or the NZ public service), I kind of thought 'so what'? People know each other.…
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All over the news this morning: Rio Tinto rejects Tiwai subsidy offer Rio Tinto has rejected the Government's offer to subsidise the Tiwai Point Aluminium Smelter power bill. The smelter needs help to survive - it has been shedding staff and could close if it…
New Zealand is a country with a proud history of activism and protest. First country in the world where women won the vote. The anti-apartheid protests around the 1981 Springbok tour. The anti nuclear protests. The massive march down Queen St that got the Nats…
Sometimes, I wonder where Granny Herald gets her crack from. It's clearly strong stuff. Like when she runs an editorial soundly condemning an opposition MP for doing something that the same editorial admits is justified. Today, Cunliffe gets an earful for daring to suggest that…
As you know, the Right says more money incentivises harder work. John Key felt he wasn't working very hard when he first became PM on a net $250,000 a year, so he gave himself tax cuts and pay rises worth $100 a day. Just look…
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Various changes to tax and related rules come in to effect today, along with a derisory rise in the minimum wage the main effect is that of "Earners squeezed by tax changes". What also strikes me about the changes is the amount of dithering involved. Here's…
A raft of Tory policies have been dismantling what is left of the British welfare state (after Thatcherism set them on this destructive and inhumane path). This includes the so-called "Bedroom Tax" which will cut the amount of benefit people can get if they have a…
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How deep does it go? Steve Kilgallon, in today's Stuff, is reporting that evidence of wrong doing by Pokie trusts, presented to Internal Affairs mysteriously went missing. The article, perhaps necessarily because of lack of evidence, provides the most positive slant on the disappearance, putting…
My regular Sunday piece of interesting, longer, deeper stories I found during the week. It’s also a chance for you to share what you found this week too. Those stimulating links you wanted to share, but just didn’t fit in anywhere (no linkwhoring). This week: the moral…
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Fran O’Sullivan is most usually a fan of John Key, except she can show how she thinks Judith Collins does it better. In today’s column, O'Sullivan argues that, Key's ministers are using dubious tactics in dealing with Rio Tinto over Tiwai Point: The problem is Key's Cabinet…
In the current series of posts we're looking at the Office of the Children's Commissioner (OCCC) 2012 report "Child Poverty in New Zealand evidence for action". Continuing from last week... 1.4 The causes of child poverty We all know the causes of poverty - but…
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They have to be kidding. Some kind of early April 1st prank - right? Yeah that must be it: Income tax cut tipped as best bet Treasury and IRD say drop would boost economic welfare - increasing incentives to work, save and invest. Finance Minister…
First they got down on their knees for a massive American movie studio and negotiated away oodles of taxpayer dollars and our employment law for movies that were always going to be made in New Zealand. Then they got all cosy with an Aussie casino…
Weekend social is for non political chat. What's on for the weekend, gigs, film or book reviews, sports, or whatever. No politics, no aggro, why can't we all just get along?
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Nick Smith this morning on Nine to Noon, saying mining companies prospecting on Schedule 4 land weren't interested in mining there - when they say they are. And losing more than 10% of DoC staff won't affect the front line's capability or their ability to…
National was elected on the promise to close the wage gap with Australia. It's getting bigger - which probably has something to do with why record numbers of Kiwis are crossing the ditch. New figures yesterday continue the trend: Income gap growing wide as the…
With the cuts to DOC, the Crown Minerals (Permitting and Crown Land) Bill (currently before the House) and the permits allowing the exploration for minerals on Schedule 4 land, we see the stealthy NAct MO in action: it uses small steps in diverse areas, often embedded…
I/S at No Right Turn with a full and frank assessment of The Speaker... David Carter must go Parliament has descended into a farce for the second day in a row, with two MPs thrown out for demanding that the Speaker enforce Standing Orders and…
Apparently Meridian Energy are saying that there is unlikely to be a renewal of the Tiwai Point power contract. As the Herald says The bombshell disclosure has the capacity to upset the government's plans to partially privatise state-owned electricity company MightyRiverPower. Since Tiwai Point consumes about a…
Prohibition. It has a long and noble history of totally working exactly as intended. So it's not at all telling when a group says "we need to ban X to save the people who are doing X!" Case in point: New Zealand First's latest bandwagon-jump,…
John Key often lives in a different world than us - and not just in that he doesn't mix with the rabble. In his world the deputy auditor-general can tell a select committee that her report says that ministers were 'deficient' - but Key can…
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Scott at Imperator Fish has kindly given us permission to syndicate posts from his blog – the original of this post is here. The Department of Conservation is to shed 140 jobs and reduce the number of conservancy regions, under plans announced today. The department has been under pressure for…