Hard News by Russell Brown

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Hard News: Press Play > Budget

184 Responses

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  • Jeremy Eade, in reply to Islander,

    Yes, it's all part of an education. I'd love to see motorshop in schools.

    auckland • Since Mar 2008 • 1112 posts Report Reply

  • Islander, in reply to Islander,

    Otherwise, we are actually, factually, all totally at the behest of foriegn insurance companies, and all, totally - fucked-

    Big O, Mahitahi, Te Wahi … • Since Feb 2007 • 5643 posts Report Reply

  • Hebe, in reply to Islander,

    any muscled insurance company

    I'm more thinking of advocacy/legal, engineering and geotech expert advice free for the dispossessed.

    Christchurch • Since May 2011 • 2578 posts Report Reply

  • Islander, in reply to Hebe,

    And that comes from ?

    Big O, Mahitahi, Te Wahi … • Since Feb 2007 • 5643 posts Report Reply

  • Hebe, in reply to Islander,

    And that comes from ?

    Sorry don't understand that....

    Christchurch • Since May 2011 • 2578 posts Report Reply

  • Islander, in reply to Hebe,

    ’m more thinking of advocacy/legal, engineering and geotech expert advice free for the dispossessed.

    Report

    That-
    really interested to know - cheers n/n Keri

    Big O, Mahitahi, Te Wahi … • Since Feb 2007 • 5643 posts Report Reply

  • Hebe, in reply to Islander,

    Comes from me; I see people who don't know where to turn; bewildered by process, and big words with no outcomes.
    But back to the Budget... I find the mean-spiritedness of taxing kids' after-school jobs amazing.

    Christchurch • Since May 2011 • 2578 posts Report Reply

  • Islander, in reply to Hebe,

    Me too - but we need to get at the big bastards. With pick-axes-

    Big O, Mahitahi, Te Wahi … • Since Feb 2007 • 5643 posts Report Reply

  • DeepRed, in reply to Hebe,

    I find the mean-spiritedness of taxing kids' after-school jobs amazing.

    When is austerity not austerity? When it's socialism for the rich and the market for everyone else.

    The southernmost capital … • Since Nov 2006 • 4158 posts Report Reply

  • merc, in reply to Hebe,

    Key weaseled that it was cleaning up the tax code, http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10808483, yeah John cutting the top rate was that too? Fiscally neutral, may it haunt him.
    It's blatantly obvious that National are kicking the guts out of everyone except the very top. How much tax you pay last year John?

    Since Dec 2006 • 2471 posts Report Reply

  • Hebe, in reply to DeepRed,

    Socialise losses, privatise profits. I'm not an economist so ob-viously I'm missing something vital that enables me to understand that system.

    One of the few useful staements I ever heard at a union meeting was: "to get trickle-down economics ya gotta punch holes in the ceiling."

    Christchurch • Since May 2011 • 2578 posts Report Reply

  • Matthew Poole, in reply to Paul Campbell,

    Any one know – the 10% bonus for paying off a student loan early is going away – anyone know when – I want to pay off some of the kids loans if I can

    Given how the bonus is paid, it's unlikely that it'll take effect until the end of this tax year - 31 March 2013. At the very earliest it won't take effect until Monday, realistically 1 June, and that would be law-making at its most incredibly rapid: a speed not normally associated with something so trivial.
    The change has been signalled, but because it's got tax implications and a bunch of other things tied in I would be stunned if it kicks in earlier than the end of this tax year. It's only a saving of a few million dollars, really not worth the out-of-cycle changes to how IRD handles student loan repayment calculations.

    The pit from whence crawl… • Since Mar 2007 • 3898 posts Report Reply

  • Sacha, in reply to merc,

    they didn't need to run RONS through cost benefit analysis

    they did (not that it changes your general point)

    Ak • Since May 2008 • 16495 posts Report Reply

  • Lilith __, in reply to Hebe,

    “to get trickle-down economics ya gotta punch holes in the ceiling.”

    What I've heard of the trickle-down effect:
    Heavy rain at the top; showers in the middle; and fog at the bottom.

    Dunedin • Since Jul 2010 • 3419 posts Report Reply

  • merc, in reply to Sacha,

    Good point, I cannot seem to exactly recall the instance, perhaps it was that they didn't need to adhere to the lack of cost benefit for RONS. Same logic perhaps applied to asset sales and the dubious return...HEY! We have a mandate.
    Sad things is I don't even have to make this stuff up.

    Since Dec 2006 • 2471 posts Report Reply

  • Chris Waugh, in reply to Lilith __,

    What I've heard of the trickle-down effect is that it's the rich pissing on the poor.

    Beijing • Since Jan 2007 • 2011 posts Report Reply

  • DeepRed, in reply to Russell Brown,

    Attachment

    Bill English admitted yesterday that it had not been subject to the standard Treasury cost-benefit analysis. Which is astonishing.

    Right, that's it, I'm upping the ante. The Holiday Highways to Nowhere are now up to $14bn (and counting).

    The southernmost capital … • Since Nov 2006 • 4158 posts Report Reply

  • chris, in reply to DeepRed,

    Attachment

    That’s confounding DeepRed, great work! Back home over Easter the road we were travelling was blocked (by mud and a tree that had slipped down the hill in the rain), we and everyone else without a DeLorean were forced to backtrack and hold up overnight, queuing until the road was reopened at 4pm the following day. Admittedly the Government can’t control the weather and sure it was only State Highway number 2 that was closed, but with the Talleys protest in Wairoa and murmurings about the amalgamation of local district councils and fire districts I was left with the distinct image of a nation tourniqeting itself off the map piece by miserable piece.

    中国 • Since Jan 2010 • 900 posts Report Reply

  • Ian Dalziel, in reply to Lilith __,

    Play Misty for me...

    Heavy rain at the top;
    showers in the middle;
    and fog at the bottom.

    For some reason that
    reminds me of Tom Waits'
    Emotional Weather Report

    ...high tonight, low tomorrow,
    and precipitation is expected

    it's a grey day here in Chchch....

    Christchurch • Since Dec 2006 • 4687 posts Report Reply

  • DexterX,

    In essence the budget shows that this government is not serious about anything.
    http://www.treasury.govt.nz/budget

    Downsixing MFat to meet low expectations:
    http://www.stuff.co.nz/business/industries/6979384/NZ-goods-exports-continue-to-decline

    Auckland • Since Nov 2006 • 1186 posts Report Reply

  • Sofie Bribiesca, in reply to chris,

    but with the Talleys protest in Wairoa

    To update. The protest has finished. It was Local and outside Iwi that negotiated a fair deal for the workers.

    here and there. • Since Nov 2007 • 6018 posts Report Reply

  • Matthew Poole, in reply to merc,

    the reason given as to why they didn’t need to run RONS through cost benefit analysis… because we have a mandate.
    Can’t argue with that logic.

    Well, yeah, we can. The Roads of Dubious Significance concept didn’t exist until it was uttered by Steven Joyce in 2009. National did not campaign on it in 2008, and the idea of a four-lane motorway north of Alpurt as any kind of significant project was, similarly, not on the national radar until Joyce made it thus in 2009 (after getting stuck in traffic during the 2008/2009 summer holidays).

    I’ll grant that the RODS were a campaign promise for National last year, but between 2009 and last year there was plenty of time to have subjected the entire concept to rigorous benefit-cost analyses. Treasury’s guidelines were established in 2010, still leaving plenty of time for National to have done proper costings and evaluations.

    So, no, we can’t leave their “logic” to lie, because there is no logic and certainly there’s no sign of anything resembling fiscal rectitude.

    The pit from whence crawl… • Since Mar 2007 • 3898 posts Report Reply

  • Sofie Bribiesca,

    The PM yet again "REJECTS" everything . Can we just reject him and his cronies. Keep counting Deep Red.

    here and there. • Since Nov 2007 • 6018 posts Report Reply

  • Sofie Bribiesca, in reply to Jeremy Eade,

    I'd love to see motorshop in schools.

    This Town, Otorohanga, has got it right in many ways that others could learn from. Has anyone listened? Doubt it.

    here and there. • Since Nov 2007 • 6018 posts Report Reply

  • Ian Dalziel, in reply to Sofie Bribiesca,

    The PM yet again "REJECTS" everything .

    He rejected criticism the Government was picking on paperboys and said he had never claimed the exemption.

    Did the exemption even exist when Key was a paperboy?
    Can he tell us how much tax he did pay as a paperboy?
    Or is 'paperboy' just a euphemism for Forex dealers?

    But now for some good news!

    New Zealand will be one of the hosts of the world's largest telescope - a $2.5 billion project designed to uncover secrets of the universe such as the existence of intelligent alien life.

    Christchurch • Since Dec 2006 • 4687 posts Report Reply

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