Christopher Luxon, New Zealand Prime Minister 2023

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#3241802 28-May-2024 15:12

ockel:

But Northland doesnt want Local Water Done Well, it would prefer that centralised planned and control model Entity A was established so Northland ratepayers could be subsidised by Auckland ratepayers for water and wastewater infrastructure (Auckland ratepayers already pay 45% higher rates when you include water which is paid separately).

If only there was some other solution to helping pay for the three kinds of water service. *shrug*

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#3241926 28-May-2024 18:45

SaltyNZ:

ockel:

But Northland doesnt want Local Water Done Well, it would prefer that centralised planned and control model Entity A was established so Northland ratepayers could be subsidised by Auckland ratepayers for water and wastewater infrastructure (Auckland ratepayers already pay 45% higher rates when you include water which is paid separately).

If only there was some other solution to helping pay for the three kinds of water service. *shrug*

How about something akin to LFC's and CFH? Ringfence the assets, preferential/convertible lending, expertise on the CFH-style board, prescriptive targets and outcomes (akin to cost-to-pass and coverage targets that LFCs had to meet). Ability to trigger the prefs/convs into equity if the LWCo fails to meet its targets such that if local councils dont do the business then the Crown gets more control.

It worked for the economically nonviable fibre build (although the economic benefits in terms of GDP (and GDP/capita) uplift have yet to materialise but thats moot given the sunk cost) so why not water?

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#3241936 28-May-2024 19:03

ockel:

SaltyNZ:

If only there was some other solution to helping pay for the three kinds of water service. *shrug*

How about something akin to LFC's and CFH? Ringfence the assets, preferential/convertible lending, expertise on the CFH-style board, prescriptive targets and outcomes (akin to cost-to-pass and coverage targets that LFCs had to meet). Ability to trigger the prefs/convs into equity if the LWCo fails to meet its targets such that if local councils dont do the business then the Crown gets more control.

It worked for the economically nonviable fibre build (although the economic benefits in terms of GDP (and GDP/capita) uplift have yet to materialise but thats moot given the sunk cost) so why not water?

Because that would stop "local control." The prefered funding method for councils is for the government to give them lots of money with no strings. It's always a great idea to give the muppets that caused this problem a way to fix it for free.

Something having cake, something eating it too, mutter, mutter.

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#3241955 28-May-2024 20:11

https://www.1news.co.nz/2024/05/28/ask-1news-john-campbell-answers-your-questions-on-the-upcoming-budget/

John Campbell answers some viewer queries on the upcoming budget.

Might just be me but every time I read his answers, I hear his deep, booming voice in my head! 😀

ockel

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#3241976 28-May-2024 20:44

Handle9:

ockel:

How about something akin to LFC's and CFH? Ringfence the assets, preferential/convertible lending, expertise on the CFH-style board, prescriptive targets and outcomes (akin to cost-to-pass and coverage targets that LFCs had to meet). Ability to trigger the prefs/convs into equity if the LWCo fails to meet its targets such that if local councils dont do the business then the Crown gets more control.

It worked for the economically nonviable fibre build (although the economic benefits in terms of GDP (and GDP/capita) uplift have yet to materialise but thats moot given the sunk cost) so why not water?

Because that would stop "local control." The prefered funding method for councils is for the government to give them lots of money with no strings. It's always a great idea to give the muppets that caused this problem a way to fix it for free.

Something having cake, something eating it too, mutter, mutter.

How does it stop local control? At what stage did CFH have control over any of the LFCs??? Please cite your evidence that the UFB rollout ceded control to the Govt owned organisation that contributed funding? Or for any of the RBI's?

Sixth Labour Government - "Vision without Execution is just Hallucination"

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#3242026 28-May-2024 20:55

ockel:

Handle9:

Because that would stop "local control." The prefered funding method for councils is for the government to give them lots of money with no strings. It's always a great idea to give the muppets that caused this problem a way to fix it for free.

Something having cake, something eating it too, mutter, mutter.

How does it stop local control? At what stage did CFH have control over any of the LFCs??? Please cite your evidence that the UFB rollout ceded control to the Govt owned organisation that contributed funding? Or for any of the RBI's?

You are implying there is logic involved. This is about local councils not logical organizations.

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ockel

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#3242169 29-May-2024 10:18

Handle9:

ockel:

How does it stop local control? At what stage did CFH have control over any of the LFCs??? Please cite your evidence that the UFB rollout ceded control to the Govt owned organisation that contributed funding? Or for any of the RBI's?

You are implying there is logic involved. This is about local councils not logical organizations.

Strange how it didnt seem to bother Christchurch City Council with respect to Enable. Perhaps a well constructed offering with good communication goes a long way to fixing infrastructure deficits.

Sixth Labour Government - "Vision without Execution is just Hallucination"

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#3242226 29-May-2024 11:00

Budget day tomorrow, I wonder if I'll actually get any tax cut out of the Government.

https://www.rnz.co.nz/news/political/518082/how-much-can-tax-cuts-do-to-ease-the-cost-of-living

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#3242237 29-May-2024 11:35

quickymart:

Budget day tomorrow, I wonder if I'll actually get any tax cut out of the Government.

https://www.rnz.co.nz/news/political/518082/how-much-can-tax-cuts-do-to-ease-the-cost-of-living

Unless you're one of the oppressed underclass (landlords), I wouldn't hold my breath.

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#3242239 29-May-2024 11:42

quickymart:

Budget day tomorrow, I wonder if I'll actually get any tax cut out of the Government.

https://www.rnz.co.nz/news/political/518082/how-much-can-tax-cuts-do-to-ease-the-cost-of-living

You will get it, at the cost or more lost jobs, as end of the day they will keep cutting public services untill the tax cut promise costs cuts are achieved

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#3242241 29-May-2024 11:48

tdgeek:

quickymart:

Budget day tomorrow, I wonder if I'll actually get any tax cut out of the Government.

https://www.rnz.co.nz/news/political/518082/how-much-can-tax-cuts-do-to-ease-the-cost-of-living

You will get it, at the cost or more lost jobs, as end of the day they will keep cutting public services untill the tax cut promise costs cuts are achieved

Tertiary education is verging on collapse in NZ.

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#3242243 29-May-2024 11:51

sir1963:

Tertiary education is verging on collapse in NZ.

My money is on "The tax cuts are fully funded, but we are borrowing to pay for [insert essential service here]".

Like when I go to the shops for groceries and an iPhone, and insist that I can afford the iPhone - I'm only borrowing $2000 for the groceries.

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#3242244 29-May-2024 11:54

sir1963:

tdgeek:

quickymart:

Budget day tomorrow, I wonder if I'll actually get any tax cut out of the Government.

https://www.rnz.co.nz/news/political/518082/how-much-can-tax-cuts-do-to-ease-the-cost-of-living

You will get it, at the cost or more lost jobs, as end of the day they will keep cutting public services untill the tax cut promise costs cuts are achieved

Tertiary education is verging on collapse in NZ.

Seems that the squeezed middle getting a small number of free dollars matters more

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#3242310 29-May-2024 14:29

tdgeek:

Seems that the squeezed middle getting a small number of free dollars matters more

Not having your taxes increased year after year by stealth isn't 'free money'. The one who has been getting 'free money' is the government.

It's perverse how this narrative that the government is entitled to your earnings by default gets put forward when letting people keep the same amount that they've earned relative to inflation isn't even a 'tax cut'.

It's just not a tax increase.

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#3242313 29-May-2024 14:33

In several decades of budgets in two different countries with governments of varying colors I've never noticed them making any material difference to me.

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