Posts by Rich of Observationz

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  • OnPoint: Fiscal Responsibility is the…, in reply to Steve Barnes,

    GV's are a matter of public record.

    You can also look the place up on Google Maps, or wonder whether it's this guy's house - must be a lot of dollars in house pr0n.

    Will all be very useful when the revolution starts...

    Back in Wellington • Since Nov 2006 • 5550 posts Report

  • OnPoint: Fiscal Responsibility is the…, in reply to DexterX,

    Not neccesarily, landlords charge what the market will bear. Typically in NZ that's less than the cost of ownership of the property.

    Back in Wellington • Since Nov 2006 • 5550 posts Report

  • Legal Beagle: Referendum Fact Check #5:…,

    Is there anything around SOEs making policy announcements during an election period. Sounds a bit complicit to me..

    Back in Wellington • Since Nov 2006 • 5550 posts Report

  • Legal Beagle: Infrequently asked questions,

    thinly veiled front for National who officially "didn't do local body elections"

    Yeah. So you get Kerry Prendergast, who was sufficiently National to run as a parliamentary candidate in 1999, but not to declare herself a National candidate for mayor. Even our current mayor was a Green councillor, but AFAIK is an "independent" mayor and any Green Party adoption process (or lack of) is shrouded in mystery.

    I think they should all run for, and be adopted by, parties - then we'd know what we're getting.

    Back in Wellington • Since Nov 2006 • 5550 posts Report

  • Legal Beagle: Infrequently asked questions,

    ACT was elected in 1996 without a current MP among its candidates

    Thanks - that was a gap in my knowledge - I thought the founding ACToids had gone straight from Labour to ACT. Hadn't realized they spent a few years sanitizing themselves in the private sector.

    vacate that office at the close of polling day at the next general election

    That's a difference with Westminster, where they cease being an MP when parliament is dissolved. Can NZ MPs still use parliamentary facilities during the election period?

    Back in Wellington • Since Nov 2006 • 5550 posts Report

  • Legal Beagle: Infrequently asked questions,

    has any party gotten into Parliament by getting under 5% but winning an electorate has gotten in anyway

    No, what I actually meant was: has any party got into parliament for the first time without one of its candidates already being a sitting MP? (as the Conservative Party are trying to do at this election).

    Back in Wellington • Since Nov 2006 • 5550 posts Report

  • Legal Beagle: Infrequently asked questions, in reply to Graeme Edgeler,

    Actually, I think "bank draft" is the usual UK terminology and "bank cheque" is used in NZ. They're probbaly synonyms, or differ in some technical detail of processing.

    Aren't the drafters of legislation supposed to define technical terms like these?

    Back in Wellington • Since Nov 2006 • 5550 posts Report

  • Legal Beagle: Infrequently asked questions,

    What is a bank draft?

    It's a cheque that's guaranteed by the bank and is as good as cash. Typically used to buy something expensive like a car without walking around with a wad of cash, or relying on the buyer to trust the sellers cheque.

    So, has any party bootstrapped their way into an MMP parliament without the help of a sitting MP switching parties?

    I'm picking no. All the sitting parties can trace their history back to an MP that left National or Labour.

    Back in Wellington • Since Nov 2006 • 5550 posts Report

  • OnPoint: Fiscal Responsibility is the…, in reply to Sofie Bribiesca,

    Why? It's no different to a slightly higher tax?

    (So if you pay 0.37c in the dollar, that's a 0.37% tax, which with GST is a 0.43% tax).

    Now, if you make a 5% capital gain on the property, that's taxed at 0%, so you're effectively being subsidised 1.67% - four times the rates. That's tax money that's coming out of workers' pockets instead of asset owners).

    Back in Wellington • Since Nov 2006 • 5550 posts Report

  • OnPoint: Fiscal Responsibility is the…, in reply to Sacha,

    I like how Farrar says he makes no money out of his blog, without really discussing his interesting business model whereby funds flow from taxpayer to his associated 'research' business by the good offices of his mates in the National Party.

    Back in Wellington • Since Nov 2006 • 5550 posts Report

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