Open Forum – Tuesday

4 June 2019

This post is open to anyone to comment on any topic that isn’t spam, illegal or offensive. All Your NZ posts are open but this one is for you to raise topics that interest you, or you think may interest others.. 

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39 Comments

  1. David

     /  4th June 2019

    Arderns Wellbeing Budget is getting some scrutiny overseas which is good as the local press were far more interested in hacks.
    In a nutshell:

    “Of course, the likes of Ms Ardern and Ms Swinson are not nearly as hostile to prosperity as the environmental hardliners, but their fashionable focus on wellbeing means nothing unless it means sacrificing growth in pursuit of other goals. But strip back the trendy packaging of New Zealand’s budget and similar proposals elsewhere, and you are left with little more than a heavy sprinkling of cash for public services.”

    And the myth that Ardern is the first PM to look to other things except growth is absurd:

    “Political decisions that put other considerations ahead of growth are all around us. What was the establishment of the National Health Service other than a step to boost wellbeing? Regulations that insist on Britons conducting a bat survey before they knock a building down don’t feel like they were drawn up with a ruthless focus on GDP in mind. We don’t allow free entry to major museums because it makes us economically better off. And we don’t have a restrictive planning system because it is in our economic best interests. In these areas and myriad others, Britain has made a political decision to prioritise things other than growth. Other countries, including New Zealand, do the same.”

    Its behind a paywall at the Telegraph. Ardern needs to focus more on growth so she can pay for all the wellbeing like English did and she needs to have a better plan for measuring outcomes and they better improve or else she will have turned the country against more investment in the more vulnerable reversing National strides in making it across the board acceptable.

    Reply
    • Blazer

       /  4th June 2019

      ‘focus more on growth so she can pay for all the wellbeing like English did ‘…what rubbish!

      Stoke GDP by inflated RE and boosting immigration….that’s an…illusion ,not growth in the tradeable sector….never mind English’s borrowing regime,that has to be repaid.

      Reply
      • Alan Wilkinson

         /  4th June 2019

        The borrowing regime that had one of the lowest debt/GDP ratios in the OECD?

        Reply
        • Blazer

           /  4th June 2019

          a very sad thing to be proud of.

          X got life for murder….Y only got 7 years for manslaughter.

          Reply
          • Alan Wilkinson

             /  4th June 2019

            A thoroughly stupid comment. Good debt fuels growth and provides infrastructure whether for Governments, businesses or individuals.

            Reply
            • Blazer

               /  4th June 2019

              if you buy into the doctrine that debt is a virtue and every human being should be saddled with it, so they comply….you may have a …point.

            • Alan Wilkinson

               /  4th June 2019

              When you own something you value it and when you make it better you enjoy the reward. You also value yourself and your future.

              That applies to businesses and individuals no less than nations. Look around you at the alternatives, Blazer, and despair.

            • Blazer

               /  4th June 2019

              spare me that nonsense…there are alternatives,however they would restrict the earnings of money creators who rely on…compounding interest and indebting people and nations to …exploit them.

            • Duker

               /  4th June 2019

              The nett debt ratio is low because the Cullen Fund is so HUGE $42.9 bill and also offset by the ACC investment fund ( another $40 bill), used to include EQC fund but thats all spent

              Debt rating agencies may include soverign wealth funds in their measure of indebtedness but of course its the GROSS debt which has to be paid back and which interest is calculated on
              English didnt of course pay any debt down like Cullen did in ‘his boom years ‘ ( nett debt was near zero and Cullen Fund was tiny back then)

            • Alan Wilkinson

               /  4th June 2019

              Gross Govt debt for NZ is 32.5% of GDP which puts it 4th lowest on this chart of OECD nations:
              https://data.oecd.org/gga/general-government-debt.htm

            • Alan Wilkinson

               /  4th June 2019

              And this table shows the brain-dead stupidity of some of the above comments:
              General government financial statistics, net debt as percentage of nominal GDP, 2009–18 Year ended June
              Net Debt GDP
              Year $billion %GDP $billion
              2009 9.6 5.0 189.6
              2010 16.8 8.5 196.7
              2011 34.4 16.7 205.8
              2012 45.0 20.9 215.1
              2013 44.2 20.2 218.8
              2014 43.3 18.3 236.9
              2015 40.5 16.5 245.4
              2016 43.5 16.9 258.2
              2017 40.3 14.7 274.3
              2018 37.0 12.8 289.3

  2. Alan Wilkinson

     /  4th June 2019

    Amongst the very many elementary things Ardern’s government (and Blazer) don’t know: What is a property speculator?:
    https://www.oneroof.co.nz/news/36320

    Reply
    • Blazer

       /  4th June 2019

      complete spin by vested interest.
      So much wrong and or inaccurate about the article ,its a JOKE.

      e.g…Brightline test was introduced by Key Govt not Ardern and was never labelled a tax.

      The reality is as a result of the initiatives of the Govt,property prices are qweakening gradually.

      Houses are homes for families to live in and should not be a favoured investment vehicle as they are now with all the unfair advantages that prevail.

      Reply
      • Alan Wilkinson

         /  4th June 2019

        Irrelevant tosh. The Key two-year brightline test was indeed aimed at the quick flip. A five year extension is not. Rents are climbing and property prices static as ordinary NZers are locked out of the market by high deposit requirements as well as the bureaucratically-inflated prices. As usual the loony Left have succeeded in making a problem worse. The wealthy will enjoy capital bargains the poor are prevented from accessing and many tenants will pay the cost of installing heat pumps they can’t afford to run.

        Reply
        • Blazer

           /  4th June 2019

          completely WRONG AS USUAL.You have N.F.I.

          Reply
          • Alan Wilkinson

             /  4th June 2019

            I hope that’s you spinning the wheel on the ticks, B, because I would hate to think there are so many idiots in this part of the world.

            Reply
        • Griff.

           /  4th June 2019

          That piece is incoherent twaddle.
          It says that you are not a speculator if you hold a property over 6 months then starts bleating about the other class of investor being landlords who hold them for 20 years .
          That is a huge gap in their story.
          As it takes money to buy and sell property many speculators will hold out for a number of years so profits are enough to cover sale cost as well as give a return. They ignore that such a speculative investment plan includes rents covering some of the holding costs in the meantime
          Any property investment thats is based on a capital return higher than the rate of inflation is based on speculation. Most landlords will fall into that category.
          .

          Reply
          • Alan Wilkinson

             /  4th June 2019

            You entirely missed the point that a five year brightline test misses both the flippers and the long term investors.

            Any property investment thats is based on a capital return higher than the rate of inflation is based on speculation.

            No, urban and population growth is predictable. So are other trends including the ability of Lefty governments to make building, development and letting ever more difficult and costly. I would think most long term investors are using the rent to pay off the mortgage to leave them an unencumbered income source for their retirement with little direct interest in the capital gains.

            Reply
            • Blazer

               /  4th June 2019

              ‘No, urban and population growth is predictable’…..Comedy gold….traffic gridlock,Nippon Clipon,constant widening and construction of roads,housing shortages,…could go on all day.

              What planet are you on?

            • Alan Wilkinson

               /  4th June 2019

              Hopefully one that doesn’t have your constant flow of bile and mindless drivel.

            • Alan Wilkinson

               /  4th June 2019

              Your tick flicking is hilarious, B. Do you have a nervous one too?

          • Duker

             /  4th June 2019

            Also often included in totals are non arms length transactions , ie Estates, matrimonial settlements , family Trust changes and do on.

            Some comparisons say reduce the total sales by 45-50% to get the real sales.
            As well for flips, they are mostly in certain cities, Id say 90% of flips occur in Auckland , hamilton Tauranga and wellington

            Reply
      • Kitty Catkin

         /  4th June 2019

        If houses are homes for families to live in, does that mean that people who don’t have families shouldn’t have houses ?

        Why should they not be an investment like any other commodity ? The idea of the heartless landlord exploiting their wretched tenants who don’t have the good luck that the greedy landlords had is pure melodrama.

        Reply
  3. lurcher1948

     /  4th June 2019

    Thank God for that clever Mike hosking,if he suddenly stopped abusing the COL the right wouldn’t have anything to moan about

    Reply
    • Kitty Catkin

       /  4th June 2019

      You are not serious. It’s satirical. He also says that smoking cigars and drinking alcohol makes people intelligent, the proof being that Churchill (and other intelligent people) did both.

      Reply
  4. Pickled Possum

     /  4th June 2019

    Utter rubbish as per usual. Ever heard of Seeny Woodhouse, founder of Orcon and owner of Voyager is definitly not retarded. Do you get paid to write the rubbish you spout?

    Reply
    • Kitty Catkin

       /  4th June 2019

      The aticle is not meant to be taken seriously except by the literal-minded like Corky.

      Reply
  5. Pickled Possum

     /  4th June 2019

    Utter rubbish as per usual. Ever heard of Seeny Woodhouse, founder of Orcon and owner of Voyager is definitly not retarded. Do you get paid to write the rubbish you spout?

    Reply
    • Pickled Possum

       /  4th June 2019

      Seeby Woodhouse … sorry Seeby😂

      Reply
    • Pickled Possum

       /  4th June 2019

      Seeby Woodhouse. Sorry Seeby.

      Reply
      • Corky

         /  4th June 2019

        Chur.Chur. Chur.. he used to be the darling of the society pages…him and Sarg. Don’t see much of Sebs now. Perhaps his minders are keep him out of the public limelight?

        Watch this speed merchant in action..and please don’t comment on what you know nothing about.

        Reply
      • Conspiratoor

         /  4th June 2019

        Have another toke possum, you might remember what you wrote first time around 😂

        Reply
      • Griff.

         /  4th June 2019

        Shite oh dear.
        the link.
        Marijuana is a filthy drug and makes you retarded, whereas alcohol and cigars make you smart and brave.
        And Corky thinks this is an intelligent comment ?
        I guess for him it must be.

        Lets see.

        New Zealand Police reported that in the 2007/2008 year at least 31% of all recorded offenders were affected by alcohol (118,829 of 377,911 offences). This finding was consistent between three different data sources. (NIA, Alco-Link, NZ-ADAM). However, alcohol status was unknown in more than a quarter of cases. The proportion of offences perpetrated under the influence of alcohol amongst those with known status was estimated to be 46%, and this was considered a more realistic estimate overall.27

        In the case of violent offending, the offender had consumed alcohol before committing the offencein at least 33% of cases (n=20,447).

        Police reported that in 49.5% of 489 homicides occurring between Jan 1999 and June 2008 either a suspect or a victim consumed alcohol prior to the incident (NHMS). The proportion of offenders affected by alcohol was greater (44%) than the proportion of victims who were affected by alcohol (35%). Almost one half (49.3%; n=241) of all homicides were family violence related homicides and 37% of these (n=89) involved either a suspect or a victim drinking alcohol prior to the offence (NHMS).

        https://www.nzma.org.nz/journal/read-the-journal/all-issues/2010-2019/2012/vol-125-no-1360/article-connor
        Judging by his past comments for corky bashing someone is an acceptable reaction for any perceived slight so he would find the death toll of piss use a suitable facet of its use .
        Me I find the violence that alcohol engenders abhorrent and the drug itself filthy in its effects on society.

        Half of all long-term smokers will die from a smoking-related disease.
        https://www.health.govt.nz/your-health/healthy-living/addictions/smoking/health-effects-smoking
        if killing you ain’t a filthy habit what is?

        Corky as usual has no actual idea at all about any thing.

        There is no actual evidence that cannabis makes you “retarded”. correlation is not causation,
        i am beginning to think there could be a strong link between retardation and holding conservative views.
        I will say that this link may be only a causal correlation as in some conservatives are retarded to start with rather than being a conservative actually makes you retarded.
        As always being an intelligent cannabis smoker I will back my views with actual peer reviewed evidence rather than just gibbering nonsense from my piss addled imagination.

        https://theconversation.com/do-smart-people-tend-to-be-more-liberal-yes-but-it-doesnt-mean-all-conservatives-are-stupid-57713

        Much of the previous work in this area was based on a psychological definition of conservatism, rather than a political one. The term “conservative syndrome” was coined to describe a person who attaches particular importance to respect for tradition, humility, devoutness and moderation.

        Such a person tends to hold conformist values like obedience, self-discipline and politeness, and emphasises the need for social order coupled with concerns for family and national security.

        A conservative person also subscribes to conventional religious beliefs and has a sense of belonging to and pride in a group with which they identify. The same person is likely to be less open to intellectual challenges and will be seen as a responsible “good citizen” at work and in society, while expressing rather harsh views toward those outside their group.

        Up to 16% of “conservative syndrome” is reportedly due to low cognitive ability.

        Overall, smart people tend to be socially liberal in their outlook. It was also found that countries whose citizens score low on international tests of mathematics achievement tend to be more conservative in their political outlooks and policies.

        https://theconversation.com/do-smart-people-tend-to-be-more-liberal-yes-but-it-doesnt-mean-all-conservatives-are-stupid-57713

        Reply
        • Corky

           /  4th June 2019

          The ranting of someone who has never experienced what this drug has done to Maoridom. I don’t give a fug about your intellectual musings and side issues. I have seen with my own eyes, time, time and time again the pernicious effect of this drug.

          That’s why I know PP is a fraud. Any self respecting Maori would know there’s a problem with herb, although P is catching up fast.

          BTW ..I’m in favour of decriminalisation, in line with my libertarian philosophy. I’m just stating the end result when society liberalises laws with out attendant penalties for causing problems while under the influence.

          Reply
          • Griff.

             /  5th June 2019

            Hello corky
            My misspent youth was in South Auckland.
            I was the worse kid in a bad school a ringleader apparently.
            On leaving school I worked for years as a factory hand in South Auckland.
            The first house I owned had the address though rewa town center past lights first left at bellbird to #xx
            I lived there for almost a decade before I could afford to trade up.
            .I was a regular at the dandy in penrose one of the worse pubs in Auckland until it lost its license due to the ongoing violence I also regularly attended a number of private gang affiliated “social clubs” in that dark period of my life. My sig other was head of social services at a decile one school in South Auckland over the last few decades.
            Yet you think my opinion is based on empty intellectual musings.
            I have both seen first hand and heard story’s like you would never believe.
            You have no fuckin idea if you think pot is the major problem.
            Alcohol is the major disruptive influence on Maori society and has been since forever. Alcohol use drives the crime,violence and sexual assaults that results in jail time for so many Maori. This is born out by the actual real world statistics above you seem to find unsuitable to confront.
            The road to ruin was once to be found inside Quart bottle it is now in a can of Bourbon and Cola.
            .

            with out attendant penalties for causing problems while under the influence.

            What you want a crime of eating an entire jar of mayonnaise with intent?
            Or an offense of laughing your head off at something truly inane?

            The prosecution of crime already has a process .
            There is little crime involved with cannabis use besides the fact it is illegal to posses, grow and sell.
            The statistics clearly say alcohol use is the major driver of crime in this nation.

            As usual your contribution can be summed up as…..
            Not connected to objective reality.

            Reply
  6. lurcher1948

     /  4th June 2019


    for Corky a losers lover

    Reply
  7. Corky

     /  4th June 2019

    Warning… genius cat on deck.🙄✔

    Reply

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