OnPoint by Keith Ng

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OnPoint: Election 2011: GO!

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  • Rich Lock, in reply to Matthew Poole,

    Making it cheaper to get stuff built by way of deregulation ended up with the entirely-predictable consequence of low-quality shit going on the market.

    Shall we talk about the changes to the Rescource-Management Act now?

    back in the mother countr… • Since Feb 2007 • 2401 posts Report Reply

  • BenWilson, in reply to Rich Lock,

    Shall we talk about the changes to the Rescource-Management Act now?

    Well you can't be blamed for starting it, anyway. Go for broke.

    Auckland • Since Nov 2006 • 8615 posts Report Reply

  • Paul Campbell,

    469,000 of them are fish and chip shops

    Dunedin • Since Nov 2006 • 2181 posts Report Reply

  • Sam F, in reply to Tom Semmens,

    Auckland • Since Nov 2006 • 1569 posts Report Reply

  • Rich of Observationz,

    I believe that in the UK earnings from businesses are ringfenced from those from employment, so you can't claim rental property losses against other personal income.

    Also, at least a few years ago, there was an expectation that rents would cover mortgages, so you didn't actually make a loss.

    Back in Wellington • Since Nov 2006 • 4471 posts Report Reply

  • Steve Barnes,

    So. What do you think of John Key's resignation speech... ;-)

    The wireless north ;-) • Since Dec 2006 • 4941 posts Report Reply

  • nzlemming, in reply to Steve Barnes,

    One lives in hope ;-)

    Waikanae • Since Nov 2006 • 2189 posts Report Reply

  • Paul Williams, in reply to nzlemming,

    One lives in hope ;-)

    Of Steven Joyce as PM or Phil?

    Sydney • Since Nov 2006 • 2237 posts Report Reply

  • Steve Barnes,

    Just to see the back of Key... would be good enough for me...
    Say it loud and say it proud "Phil Goff, Phill Goff" National may miss hear it... ;-)

    The wireless north ;-) • Since Dec 2006 • 4941 posts Report Reply

  • Steve Barnes,

    The New Zealand Superannuation Fund has appointed FarmRight, a South Island-based dairy farming management and consultancy company, as an investment manager.

    The Super Fund has also bought a dairy farm in West Otago, about 100 kilometres west of Dunedin, as it moves to execute its rural land strategy,

    Herald
    Farms? pah! How about power companies?.

    The wireless north ;-) • Since Dec 2006 • 4941 posts Report Reply

  • Paul Williams,

    Who would succeed John Key I wonder? English? Surely not Brownlee. I reckon Joyce. Key's made a virture of having such a brief record, he can distance himself from the unpopular decisions of previous administrations. Joyce would only have to defend a single term's decisions. Moreover, English will have to carry the burden for every unpopular decision PM Key wouldn't make.

    Sydney • Since Nov 2006 • 2237 posts Report Reply

  • Steve Barnes, in reply to Paul Williams,

    Read between the lines Paul. John Key is “over it” he was “ambitious” for New Zealand, he got it, been there done that. Now he's off for a bigger slice of pie…

    The wireless north ;-) • Since Dec 2006 • 4941 posts Report Reply

  • Matthew Poole, in reply to Paul Williams,

    English also couldn't get elected. I mean, he even got rolled for Don Brash!

    The pit from whence crawl… • Since Mar 2007 • 3913 posts Report Reply

  • Paul Williams, in reply to Steve Barnes,

    Now he's off for a bigger slice of pie…

    ...as in American Pie, cause man Alyson Hannigan's hot...

    English also couldn't get elected. I mean, he even got rolled for Don Brash!

    Brash, another one who loves the ladies...

    Sydney • Since Nov 2006 • 2237 posts Report Reply

  • DeepRed,

    Sexism isn't the issue regarding the PM's celeb-crush interview with Veitch. Rather, the real issue is the implied hypocrisy where the powers-that-be pontificate about "Family Values" being the silver bullet for crime and promiscuity, yet the lecturers practise anything but.

    The southernmost capital … • Since Nov 2006 • 4403 posts Report Reply

  • Paul Williams, in reply to DeepRed,

    is the implied hypocrisy where the powers-that-be pontificate about "Family Values" being the silver bullet for crime and promiscuity, yet the lecturers practise anything but

    Which entirely describes Brash who challenged the sincerity of Clark's relationship while sleeping around, but may not so apply to Key. Key just indulged in boorish bullshit blokiness with a fuckwit who hospitalised his former partner... maybe Key just finds it hard to disagree which is why Paul Henry's racism didn't offend him either?

    Edit: was the "hot" comment on a show with Devlin or Vetich, I don't recall?

    Sydney • Since Nov 2006 • 2237 posts Report Reply

  • nzlemming, in reply to Paul Williams,

    Of Steven Joyce as PM or Phil?

    I have to say I'd take Phil over Joyce any day.

    Waikanae • Since Nov 2006 • 2189 posts Report Reply

  • George Darroch,

    Morgue's acidic response to the PM.

    July 2008: sports broadcaster resigns after it emerges he violently and viciously assaulted his then-partner.
    April 2009: sports broadcaster pleads guilty to the charge
    Jan 2010: sports broadcaster back on the air!
    Jan 2011: sports broadcaster begins weekly on-air chats with the Prime Minister.

    So there’s the lesson, people. If you are guilty of brutally assaulting a woman, it could be as long as TWENTY MONTHS before the Prime Minister jokingly tells you which celebrities he’d most like to have sex with. CRIME DOESN’T PAY

    Is there suppression of outrage in the media (plenty of people I know are outraged), or do the majority of people think that it simply isn't a big deal?

    The People's Republic of … • Since Nov 2006 • 2136 posts Report Reply

  • Paul Williams, in reply to George Darroch,

    Fair question George and thanks for the link to this new (to me) blog - it's excellent!

    Sydney • Since Nov 2006 • 2237 posts Report Reply

  • Rich of Observationz,

    Farms? pah! How about power companies?

    The Super Fund is a financial investor. It doesn't operate any differently to Prudential or the Canadian Teachers pension fund, for example.

    Having enterprises of national importance owned by the fund doesn't mean they might not be run into the ground, or that the fund might not sell their stock. Nor does it provide any connection between the workers and customers of the companies and those companies.

    Cooperative ownership of SOEs is the answer I prefer.

    Back in Wellington • Since Nov 2006 • 4471 posts Report Reply

  • Steve Parks, in reply to DexterX,

    A landlord/investor considering the return derived from a ppty/investment will factor in any costs increases, which would include a CGT, into the return they are looking to receive.

    I know the reasoning behind expecting it may cause an increase in rents, but was asking if there was definite evidence; more importantly, evidence that it was significant enough to be a serious reason to not go ahead with the tax.

    Increase to taxes be it income tax, consumption taxes, capital taxes always migrate down to the working poor, the people with greater income/resources are always able to structure their affiars so that they avoid or pass on any tax increase.

    That's simplistic, obviously. Yes, many high earners will try to avoid tax if they can, but clearly they end up paying a lot. One thing that encourages rearranging your affairs is if one area is not taxed. They spend resources to try and arrange things so that otherwise regular taxable income ends up as tax-exempt capital gains. This means income is missed out on and encourages property speculation.
    From the Herald articles by Huang and Elliffe:

    A capital gains tax would reduce or eliminate these inefficient incentives. This would help direct investment to where the underlying asset is most productive, rather than on the basis of the tax exemption for capital gains.

    And as Matthew said, it's also about increasing revenue:

    The papers provided to the Tax Working Group indicated that a capital gains tax could raise $3.8 billion per year. But in most other countries that have moved to a capital gains tax, the income turned out to be far higher than predicted (almost tenfold over a short period in Australia).

    Wellington • Since May 2007 • 1156 posts Report Reply

  • Steve Parks, in reply to BenWilson,

    It’s the uncredited editorials I find the most grief in recently. It’s like what they’re writing is so shamefully biased, that they can’t put a name to it.

    I’ve never liked the unsigned editorial policy of most papers. I believe the reasoning is that it’s ‘the opinion of the paper’ or some such silliness. I think the editors expect it may give them a certain air of authority, but if anything it has the opposite effect for me.

    Wellington • Since May 2007 • 1156 posts Report Reply

  • Steve Barnes, in reply to Rich of Observationz,

    Cooperative ownership of SOEs is the answer I prefer.

    I totally agree but failing that the super-fund is better than Johnny foreigner, scuse the implied xenophobia but we are talking about security of supply here.
    If any of you have been wondering what I've been up to and why the occasional absence from these discussions, check out the blog link. I have been a busy puppy building my escape from the madness. ;-)

    The wireless north ;-) • Since Dec 2006 • 4941 posts Report Reply

  • nzlemming, in reply to Steve Barnes,

    check out the blog link. I have been a busy puppy building my escape from the madness. ;-)

    Looks fascinating. Part of me envies you and the rest says "But what about...?"

    Will follow with interest.

    Waikanae • Since Nov 2006 • 2189 posts Report Reply

  • Steve Barnes, in reply to nzlemming,

    “But what about…?”

    It’s ok, it’s only 15 mins to the Taipa pub. And “But what about…" is what it’s all about ;-)

    The wireless north ;-) • Since Dec 2006 • 4941 posts Report Reply

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