Archive for October, 2012

Diplomacy: NZ Puts Valuable Paris Property Up For Sale

Foreign Minister Murray McCully confirmed to Trans Tasman this week the Govt is exploring options for the sale of the NZ chancery and residence in Paris. The property in Rue Leonardo da Vinci, acquired in 1950, is one of the most expensive of NZ’s overseas missions because under Treasury rules it incurs a capital charge […]

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Govt Seeks To Overcome Housing Headache

The Govt is due to announce its plans to improve housing affordability next week, in response to the Productivity Commission’s report earlier this year which concluded the housing market is not working properly. Despite demand for low-cost houses, relatively few are being built because of the very high cost of land, particularly in Auckland.

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Climate Change: Doubts On Amending Bill

The Govt might be forced to have a re-think on the Climate Change Response (Emissions Trading and Other Matters) Bill. It was due to have a second reading this week after it had been reported back from Select Committee which rejected submissions favouring a cap on foreign-sourced credits in the NZETS.

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Politics: Opposition Yet To Wrest Parliamentary Supremacy

Opposition parties have not yet wrested Parliamentary supremacy from the National-led coalition, though the contest has evened up in recent weeks, with the Govt bruised and battered by a series of political gaffes, stumbles and blunders. The question now is whether the flow of bad news has been staunched or if there is more to […]

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Play Of The Week: The Good Oil

Stand up, Paula Bennett. Stand up, too, Security Intelligence Service boss Warren Tucker. Take a bow, both of you: you shining exemplars of public service, integrity and open and honest Govt.

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More Relief From New Set Of ACC Levies

Another significant cut in accident compensation levies suggests ACC is getting something right. The corporation has been under the cosh for privacy breaches this year, but a proposed 13% average cut in the employer levy, and a 12% levy cut for employees, still to be confirmed by the Govt, provides a welcome respite to business. […]

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Canadians See Opportunity In East Coast Hydrocarbons

Vancouver-based NZ Energy Corp, which has been increasing oil production at its Copper Moki field near Eltham in Taranaki and spent $42m buying the Waihapa production station from Origin Energy is now expanding its East Coast Basin interests.

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Politics: Measuring Impact Of Kim Dotcom Saga

So how much has the Kim Dotcom saga damaged the National-led coalition? It’s delivered a biff to the PM’s credibility, and the media’s preoccupation with the intriguing details is far from over.

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Politics: New Battle Lines Drawn Between Left And Right

The battle lines on economic policy in NZ have been starkly defined this week. The consensus on monetary policy which has stood the test of time for more than 20 years has been broken.

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Play Of The Week: Spiny Norman

The war of the post 2014 world opened up on a new front this week, driven by Green co-leader Russel Norman. Dr Norman turned up on Sunday telly and mused perhaps NZ could take this whole quantitative easing thing, which is all the rage with the Americans and some of the more trendy Europeans right […]

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Labour’s Shane Jones Hits Out At Greenpeace, And Greens

Increasing restiveness in Labour ranks over Green Party comments on mining and other issues burst to the surface this week when Labour’s fiercely tribal Shane Jones gave Greenpeace and what he called its “political wing, the Green Party” a serve over its parody of a Sealord advertisement. Jones, a former chairman of Sealord, which is […]

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Rena Settlement Pleases Govt, But Not Others

The owners of the wrecked container ship Rena have agreed to pay nearly $28m in compensation to the Govt. Transport Minister Gerry Brownlee has hailed it as the “best possible outcome,” even though to date the cost to the Crown of the Rena grounding is about $47m.

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….And Yet More Embarrassing Details

Before he left for Los Angeles, the PM had yet more embarrassing disclosures to make following the GCSB’s audit of its files which Key had demanded to see whether there had been any other unlawful surveillance beyond the Dotcom incident.

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Politics: Dotcom Saga… Embarrassment After Embarrassment

United Future leader Peter Dunne probably had the coolest take on the Kim Dotcom saga, saying “the incompetence of the intelligence agencies is on the face of it so intolerable as to raise wider questions about purpose and intent…I accept the cock-up theory, rather than conspiracy, is usually a more reliable and accurate explainer of […]

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Play Of The Week: Rats In The Ranks

There’s a theory Labour leader David Shearer is a kind of Manchurian candidate, manipulated into the job by the machinations of right wing lobbyist Matthew Hooten. It’s a theory which becomes more convincing after a third drink. Or last week.

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