Posts by Rich of Observationz

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  • Hard News: The epitome of reason, in reply to George Darroch,

    Well, when I bothered to be a financial member of the Greens, some while ago, nobody asked me to join their faction, or suggested I should vote for X because she/he was on their team?

    If you believe they have factions, what are they called and who's in them?

    Back in Wellington • Since Nov 2006 • 4735 posts Report Reply

  • Hard News: The epitome of reason,

    A large amount of National's popularity is predicated on the Auckland property Ponzi scheme. (NZD80bln of house price inflation over the last year - 30% of GDP).

    Of course, just like Chinese industrial growth, this is completely sustainable and will continue forever. On that basis, National will retain power forever - Ponzi schemes can't change operators.

    Back in Wellington • Since Nov 2006 • 4735 posts Report Reply

  • Envirologue: Fool me Once: Lessons on…,

    Australia was able to export its cars to the States under the USAUFTA, but they didn’t sell in big numbers over there

    Because they only appealed to people who wanted a great big sedan with a 1960s pushrod V8, which the US auto industry also made. (In fact, the Aussie V8s started out as clones of obsolete US models).

    If they’d produced well designed cars with modern technology (as the Germans and Japanese do) then they would have sold overseas even without an FTA.

    Back in Wellington • Since Nov 2006 • 4735 posts Report Reply

  • Up Front: Stand for... Something,

    I think we should have a national poi.

    With fire-poi mandated at night, and when foreign sports grounds (or gas stations) refuse to allow NZers to spin their traditional flaming poi, we can call them out for being culturally insensitive to our national traditions.

    (Might need to wait 10 years or so for the invented tradition to mature),

    Back in Wellington • Since Nov 2006 • 4735 posts Report Reply

  • Hard News: 2015: The Budget of what?, in reply to Robert Urquhart,

    Interesting. How would a financial institution distinguish payments by partners, flatmates, people you sold something to on TradeMe (not in the course of a business) etc?

    Back in Wellington • Since Nov 2006 • 4735 posts Report Reply

  • Hard News: 2015: The Budget of what?, in reply to Robert Urquhart,

    You didn't link your blog?

    Back in Wellington • Since Nov 2006 • 4735 posts Report Reply

  • Hard News: 2015: The Budget of what?, in reply to wendyf,

    If somebody works 2 or more jobs, the payroll people at the second job don't know how much they earn in the first, and thus can't tell which tax band to put them in.

    So if you have two jobs on $16 an hour, you'll pay too much tax on the second one. But you *will* be able to claim it back at the end of the year.

    Conversely, if you are earning $100k a year and help out in a pub at the weekend for $16 an hour, you will pay the correct amount of tax.

    If there was no secondary tax in the current system, the first person would possibly pay the correct tax, and the second would underpay and have a bill at the end of the year. Which might be better, but it would mean that in a few cases, the IRD would wind up chasing their money.

    I think there is a plan for a more sophisticated system where companies will report payroll to IRD in realtime and be issued adjustments. (There is also a privacy issue where you might not want one employer to know about your side job and how much they pay you).

    Back in Wellington • Since Nov 2006 • 4735 posts Report Reply

  • Hard News: Mediaworks: The only horizon…, in reply to Russell Brown,

    It also happened because we have lax company (and broadcasting) laws that allow a company to dump its obligations and rise from the ashes with the "owners" recovering control of the business. As opposed to it being shut down and the license re-tendered for.

    Back in Wellington • Since Nov 2006 • 4735 posts Report Reply

  • Hard News: First-person media and the…, in reply to Geoff Lealand,

    It would also be straightforward to have software that superimposes a selected random image of oneself over every regular image as it's saved, thus making every piccy a selfie.

    Back in Wellington • Since Nov 2006 • 4735 posts Report Reply

  • Hard News: Mediaworks: The only horizon…,

    Broadcast TV's in a death spiral, right?

    Viewers are switching to TV on demand (etc), revenues are falling, quality is dropping,
    causing more viewers to cut the cord.

    The corollary to this is that the rump of viewers are people too <strike>old* or</strike> stupid to work computers, who will tend to be increasingly conservative, or at least grumpy.

    * Old people *can* work computers. Dad is 85 and has five Macs. But then he used to fly fighter planes and helicopters for a job.

    Back in Wellington • Since Nov 2006 • 4735 posts Report Reply

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