Christopher Luxon, New Zealand Prime Minister 2023

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Forums › Politics › Christopher Luxon, New Zealand Prime Minister 2023

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5896 posts

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#3251470 21-Jun-2024 09:26

SaltyNZ:

EDIT to add - and you already pay tax on dividends from shares and income investment returns on Kiwisaver. Arguably you should also pay tax on the capital gain on the shares when you sell or borrow against them too.

You're not correct regarding Kiwisaver. You are taxed as if your Kiwisaver is generating gains, even if it isn't.

https://www.stuff.co.nz/business/money/132893837/the-capital-gains-tax-you-dont-know-youre-paying

Tax is hugely detailed and it amuses me no end that having just been through a pandemic where the over-riding message was "trust the experts", people have zero qualms about making misleading, disingenuous or plain incorrect assertions about the tax system.

SaltyNZ

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2degrees

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#3251473 21-Jun-2024 09:36

GV27:

SaltyNZ:

EDIT to add - and you already pay tax on dividends from shares and income investment returns on Kiwisaver. Arguably you should also pay tax on the capital gain on the shares when you sell or borrow against them too.

You're not correct regarding Kiwisaver. You are taxed as if your Kiwisaver is generating gains, even if it isn't.

https://www.stuff.co.nz/business/money/132893837/the-capital-gains-tax-you-dont-know-youre-paying

Tax is hugely detailed and it amuses me no end that having just been through a pandemic where the over-riding message was "trust the experts", people have zero qualms about making misleading, disingenuous or plain incorrect assertions about the tax system.

Yes, and I also get tax credits as if it was generating losses, too. I check it regularly.

iPad Pro 11" + iPhone 15 Pro Max + 2degrees 4tw!

These comments are my own and do not represent the opinions of 2degrees.

quickymart

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#3251712 21-Jun-2024 16:58

https://thespinoff.co.nz/politics/18-06-2024/christopher-luxon-loves-localism-until-locals-have-the-wrong-opinions

A rather humorous look at how Luxon and the coalition government are big on localism. Until they aren't. (I found this interesting as I didn't know that even half this stuff is going on around the country!)

freitasm

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Geekzone

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#3251791 21-Jun-2024 23:23

With the Aratere running aground, a new ferry would be right on time. Except...

sir1963

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#3251813 22-Jun-2024 08:22

freitasm:

With the Aratere running aground, a new ferry would be right on time. Except...

Shall we stick wings on it....he used to run an airline...

ezbee

2405 posts

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#3251825 22-Jun-2024 09:37

Good times for Airfreight :-)

The smartest of people have decided we don't need new ferries.
Just buy old clapped out ones, later, much later.
I suspect the price of old clapped out ferries has gone up now there is looking to be more demand.

It's not like Cook Straight is an important transport link for New Zealand anyway.
Or the passage a particularly challenging nasty piece of water, with navigation hazards too.
Any old ferry built for a millpond will be just fine if price is right.
We don't really care about passenger safety either, just another attraction for adventure tourism.

Time for South Island to rise up.
Australia might still have the offer open to become a state.
Become part of the 'Lucky Country' :-)

quickymart

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#3251832 22-Jun-2024 10:12

sir1963:

freitasm:

With the Aratere running aground, a new ferry would be right on time. Except...

Shall we stick wings on it....he used to run an airline...

Even Helen Clark has weighed in on the whole saga:

https://www.newshub.co.nz/home/politics/2024/06/former-prime-minister-helen-clark-takes-dig-at-government-over-interislander-running-aground.html

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sir1963

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#3251836 22-Jun-2024 10:33

Russia has offered the

Mikhail Lermontov II

As as replacement

GV27

5896 posts

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#3251853 22-Jun-2024 11:50

ezbee:

Good times for Airfreight :-)

The smartest of people have decided we don't need new ferries.
Just buy old clapped out ones, later, much later.
I suspect the price of old clapped out ferries has gone up now there is looking to be more demand.

It's not like Cook Straight is an important transport link for New Zealand anyway.
Or the passage a particularly challenging nasty piece of water, with navigation hazards too.
Any old ferry built for a millpond will be just fine if price is right.
We don't really care about passenger safety either, just another attraction for adventure tourism.

Time for South Island to rise up.
Australia might still have the offer open to become a state.
Become part of the 'Lucky Country' :-)

The ferries weren't the problem. It was the exploding cost of the portside infrastructure that increased by $400m within 30 days of the briefing to the incoming Minister.

As for the South Island rising up: go right ahead. Just pop a cheque in the post for all those earthquake rebuilds we keep pitching in for and you can be on your way. We'll even comp you the interest, because we're good like that up here.

sir1963

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#3251861 22-Jun-2024 12:14

GV27:

The ferries weren't the problem. It was the exploding cost of the portside infrastructure that increased by $400m within 30 days of the briefing to the incoming Minister.

As for the South Island rising up: go right ahead. Just pop a cheque in the post for all those earthquake rebuilds we keep pitching in for and you can be on your way. We'll even comp you the interest, because we're good like that up here.

The Hikurangi fault when that goes will make the Tech look like a mild shake. Then of course there are the volcanoes, tropical storms....

GV27

5896 posts

Uber Geek

#3251864 22-Jun-2024 12:22

sir1963:

The Hikurangi fault when that goes will make the Tech look like a mild shake. Then of course there are the volcanoes, tropical storms....

...and none of that will improve the population density in the South Island to the extent it can afford to cover the cost of infrastructure and social services in small towns and cities spread out across a massive amount of challenging terrain.

Keep that in mind when the Alpine Fault unzips.

Rikkitic

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#3251866 22-Jun-2024 12:24

GV27:

Keep that in mind when the Alpine Fault unzips.

And the asteroid will render the arguments of both of you academic!

Plesse igmore amd axxept applogies in adbance fir anu typos

Bluntj

556 posts

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#3251958 22-Jun-2024 16:17

GV27:

ezbee:

Good times for Airfreight :-)

The smartest of people have decided we don't need new ferries.
Just buy old clapped out ones, later, much later.
I suspect the price of old clapped out ferries has gone up now there is looking to be more demand.

It's not like Cook Straight is an important transport link for New Zealand anyway.
Or the passage a particularly challenging nasty piece of water, with navigation hazards too.
Any old ferry built for a millpond will be just fine if price is right.
We don't really care about passenger safety either, just another attraction for adventure tourism.

Time for South Island to rise up.
Australia might still have the offer open to become a state.
Become part of the 'Lucky Country' :-)

The ferries weren't the problem. It was the exploding cost of the portside infrastructure that increased by $400m within 30 days of the briefing to the incoming Minister.

As for the South Island rising up: go right ahead. Just pop a cheque in the post for all those earthquake rebuilds we keep pitching in for and you can be on your way. We'll even comp you the interest, because we're good like that up here.

It was an enormously outrageous cost that would have created its own debacle far greater than Transrails inability to maintain the ferries. The new ferries were also a new technology that perhaps wasnt suitable for NZ conditions considering we keep these type of things running far past their use by dates.

Handle9

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#3251959 22-Jun-2024 16:24

Tranz Rail? 1995 wants it's rail company back.

quickymart

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#3251981 22-Jun-2024 17:44

https://newsroom.co.nz/2024/06/22/the-secret-press-conference-of-the-pm/

Steve Braunias absolutely nails Luxon's "C-Lister" comments in this week's Secret Diary (last week's was quite funny too about the accommodation allowance).

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