Christopher Luxon, New Zealand Prime Minister 2023

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#3195307 14-Feb-2024 20:30

Don't worry NZF will make sure that Racing gets a funding boost, because we need thriving gambling industry to sell Horses.

They will be ready to turn your $20 into $1000's if God smiles on you.

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#3195312 14-Feb-2024 20:47

ezbee:

Don't worry NZF will make sure that Racing gets a funding boost, because we need thriving gambling industry to sell Horses.

They will be ready to turn your $20 into $1000's if God smiles on you.

Ive been a racehorse owner and breeder in the past. Well, one foal, but I did a 3 year stint in harness racing when younger.. Its an industry so I dont have an issue with thoroughbred or standardbred racing, we do really well. If your opinion is based on the gambling aspect, well you can say that about every sport, to be fair.

Racing and TAB were joined at the hip, not now. All sport benefits by gambling, ads, ticket prices, media payments.

GV27

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#3195314 14-Feb-2024 21:07

tdgeek:

Its all good. The average Joe or Joanne gets $18 0r $25 per fortnight, that will change their lives and invigorate the economy... /S The 600+M will save taxpayers. its also 600+M that are deducted from beneficiaries. FFS

While politically I get that, its about votes, as Kiwibuild was. New Govt, we will get NZ back on track, housing crisis, cost of living crisis, heath crisis, education crisis infrastructure crisis. Im hearing zip about those. Zip, Nada.

Where are the policies to resolve these issues they campaigned on? No one expects them to be resolved tomorrow, not even by Friday :-) but you hear nothing about these promises and the actions to resolve them. Not a bean.

I get the "undoing" although I do not agree win most, but that is unimportant, the fact is, there is no "DOING"

RBNZ now focused on inflation first and foremost, the RMA changes that were supposedly not simpler, just bigger have been halted. Teaching Basics plan is in effect from T1 2024. MDRS rules now optional, unsure if this is also going to wipe out the NPS that came first. It may be a positive thing in the long-run if the NPS remains and the MRDS disappears, given how unlikely we are to see rapid transit anywhere, let alone brownfields areas following the light rail debacle. Focusing development on the transport splines that can support them makes more sense when you have a major issue with provisioning new transport splines.

Health targets I believe still to come in first 100 days. Lots of talk about canceling projects for infra but little in the way of the ones promised so far; of particular interest is the North West Busway which was a specific promise and relevant to me for obvious reasons. They're going to need something other than vauge hinting at tunnels under the harbour soon.

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#3195322 14-Feb-2024 21:38

GV27:

tdgeek:

Its all good. The average Joe or Joanne gets $18 0r $25 per fortnight, that will change their lives and invigorate the economy... /S The 600+M will save taxpayers. its also 600+M that are deducted from beneficiaries. FFS

While politically I get that, its about votes, as Kiwibuild was. New Govt, we will get NZ back on track, housing crisis, cost of living crisis, heath crisis, education crisis infrastructure crisis. Im hearing zip about those. Zip, Nada.

Where are the policies to resolve these issues they campaigned on? No one expects them to be resolved tomorrow, not even by Friday :-) but you hear nothing about these promises and the actions to resolve them. Not a bean.

I get the "undoing" although I do not agree win most, but that is unimportant, the fact is, there is no "DOING"

RBNZ now focused on inflation first and foremost, the RMA changes that were supposedly not simpler, just bigger have been halted. Teaching Basics plan is in effect from T1 2024. MDRS rules now optional, unsure if this is also going to wipe out the NPS that came first. It may be a positive thing in the long-run if the NPS remains and the MRDS disappears, given how unlikely we are to see rapid transit anywhere, let alone brownfields areas following the light rail debacle. Focusing development on the transport splines that can support them makes more sense when you have a major issue with provisioning new transport splines.

Health targets I believe still to come in first 100 days. Lots of talk about canceling projects for infra but little in the way of the ones promised so far; of particular interest is the North West Busway which was a specific promise and relevant to me for obvious reasons. They're going to need something other than vauge hinting at tunnels under the harbour soon.

I like you more than your positiveness!

So employment being part of RBNZ caused our inflation? Its a global issue and locally weather had a huge effect

Teaching Basics will get kids back to school? Other reasons for attendance in last few years

Rapid Transit will go nowhere, not when a tiny country is as spread out as we are, wont happen. Not when bribes matter

Transport? Like trans Cook Strait, thats gone,1/5 the size of the meagre tax cuts

Health. Ok 100 days

Busway? Auckland? yes AKL is important but its not the only place in NZ

House prices?

ezbee

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#3195325 14-Feb-2024 22:02

tdgeek, understand, its more the gambling aspect.
Known people on the bad side of that so my opinion coloured.

True its pervasive and everywhere now (The internet), not specifically a Racing issue.

Though it has issues of courses being very capital intensive, and needing large spaces if they could be more multi-use.
Synthetic Racing surfaces and upgrades, along with investment expanding online gambling.
I'm just not sure with the assets and support needed that hit ROI as costs of everything go up.

I suppose Auckland will get its (Toasted) conference center due to massive Government subsidy and a whole pile of pokies.
Probably much worse, thinking about it. Sigh...

GV27

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#3195348 15-Feb-2024 06:11

tdgeek:

I like you more than your positiveness!

So employment being part of RBNZ caused our inflation? Its a global issue and locally weather had a huge effect

Teaching Basics will get kids back to school? Other reasons for attendance in last few years

Rapid Transit will go nowhere, not when a tiny country is as spread out as we are, wont happen. Not when bribes matter

Transport? Like trans Cook Strait, thats gone,1/5 the size of the meagre tax cuts

Health. Ok 100 days

Busway? Auckland? yes AKL is important but its not the only place in NZ

House prices?

I mean there's the weird walking backwards stuff that is normal for the first 100 days. But of all the stuff they've done I'm fairly sure the RBNZ stuff will prove to be the most substantive change in the long run (so far).

And rapid transit will have to happen at some point if we plan on adding 150k people like we have been doing for a couple of years now. Do we have the capability to have an honest discussion about that need, let alone build it if we do go ahead? I'm not super optimistic about that. Unfortunately the $3b that North West light rail was proposed at (no work was ever done on this) was probably the deal of the century and we should have taken it.

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#3195352 15-Feb-2024 07:24

GV27:

I mean there's the weird walking backwards stuff that is normal for the first 100 days. But of all the stuff they've done I'm fairly sure the RBNZ stuff will prove to be the most substantive change in the long run (so far).

And rapid transit will have to happen at some point if we plan on adding 150k people like we have been doing for a couple of years now. Do we have the capability to have an honest discussion about that need, let alone build it if we do go ahead? I'm not super optimistic about that. Unfortunately the $3b that North West light rail was proposed at (no work was ever done on this) was probably the deal of the century and we should have taken it.

Hmm, weird walking backwards stuff, isn't normal, its a wholesale walkback. RBNZ and Unemployment, well I doubt thats a huge cause of our inflation. What we have is what other countries have for many reasons. We also have inflation due to businesses keeping prices up to recover covid losses, and I would do the same, Inflation is declining everywhere, and here, thats the trend that has nothing to do with RBNZ adding Unemployment or walking that back. Let it roll back naturally, and fine to tinker with OCR if you wish.

"Do we have the capability to have an honest discussion about that need, let alone build it if we do go ahead?" (Rapid Transit)

Discussions are free. Gets votes. Keeps people happy that there are plans. The issue is are we ready to have an honest discussion about who pays for it? 15B would do a nice amount of rapid transit, but instead we give the average Joe and Joanne a measly tax cut. The 3B ferry issue, also cheap in the context of measly tax cuts. Home analogy. Its like we need to get the leaky roof fixed as its causing more and more issues, but no, lets take a few dollars extra spending money each payday instead. Thats the issue as successive Govts grapple with cool stuff, needed stuff, while not wishing to impose any financial grief on voters.

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GV27

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#3195358 15-Feb-2024 08:10

tdgeek:

Hmm, weird walking backwards stuff, isn't normal, its a wholesale walkback. RBNZ and Unemployment, well I doubt thats a huge cause of our inflation. What we have is what other countries have for many reasons. We also have inflation due to businesses keeping prices up to recover covid losses, and I would do the same, Inflation is declining everywhere, and here, thats the trend that has nothing to do with RBNZ adding Unemployment or walking that back. Let it roll back naturally, and fine to tinker with OCR if you wish.

"Do we have the capability to have an honest discussion about that need, let alone build it if we do go ahead?" (Rapid Transit)

Discussions are free. Gets votes. Keeps people happy that there are plans. The issue is are we ready to have an honest discussion about who pays for it? 15B would do a nice amount of rapid transit, but instead we give the average Joe and Joanne a measly tax cut. The 3B ferry issue, also cheap in the context of measly tax cuts. Home analogy. Its like we need to get the leaky roof fixed as its causing more and more issues, but no, lets take a few dollars extra spending money each payday instead. Thats the issue as successive Govts grapple with cool stuff, needed stuff, while not wishing to impose any financial grief on voters.

Including 'maximum sustainable employment' in the RBNZ's list of obligations was at direct odds with the idea that it should act, first and foremost, to restrain inflation when making monetary policy decisions. Tightening up means people losing jobs. They simply are not compatible. It should never have been added.

The ferry issue, again is different. If your project estimates blow out $400m in less than 30 days then the government is rightly going to question whether you have a handle on what you're proposing and how much it is going to cost. Again, it should never have reached Willis' desk to make that decision, it should have been nixed before it got anywhere near that out of hand.

I'll also not the previous government did not assure Kiwirail it would fully fund the last request it got for extra money, they merely gave it the assurances it needed to progress the project. I do not see that being held against that with the same fervour.

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#3195367 15-Feb-2024 08:40

GV27:

Including 'maximum sustainable employment' in the RBNZ's list of obligations was at direct odds with the idea that it should act, first and foremost, to restrain inflation when making monetary policy decisions.

I seem to remember Orr saying that it wouldn't have pushed his decisions much one way or another anyway. But I can't find a link to prove that. Just because you have to "consider" it doesn't mean you have to decide differently.

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sen8or

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#3195383 15-Feb-2024 09:00

I had a National post pop up on facebook this morning, touting their success in changing the future of NZ, out of all of their "achievements", most of them were things that they had cancelled / repealed, very little positive moves.

I get that we have to reign in costs, but as my boss likes to say "you can't save your way to a fortune", positive changes / plans are needed, not just cancellations.

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#3195389 15-Feb-2024 09:09

GV27:

And rapid transit will have to happen at some point if we plan on adding 150k people like we have been doing for a couple of years now. Do we have the capability to have an honest discussion about that need, let alone build it if we do go ahead? I'm not super optimistic about that. Unfortunately the $3b that North West light rail was proposed at (no work was ever done on this) was probably the deal of the century and we should have taken it.

Remember that about the ferries too in the future.

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#3195396 15-Feb-2024 09:20

The lack of planning on ferries, the cancellation of infrastructure to support rail traffic between the islands will come back to bite the nation in 20 years time.

This government is not planning for the future, is about looking at the past. And they aren't doing well in that front either.

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#3195601 15-Feb-2024 11:17

I'd like to contribute my 0.01c to this conversation around "undoing/repealing" of policies by the current govt.

From my very limited understanding, National party, at its core is centre right and went into coalition with more right leaning parties. Right leaning parties literally want as little govt intervention in the economics and clearly root for free market to fix the issues rather than govt intervening and trying to fix the issues.

Considering this, I'm not surprised (disappointed maybe) that the current govt is doing exactly what they are meant to do, exactly what they said they would do - take away/repeal/undo all the previous govt's regulations and policies that affects the free market.

Despite the recent poll that I'm extremely confused about(where apparently kiwis are loving the current govt) I believe Labour is going to come in with Green next time and they will go ahead and do exactly the opposite - try and fix the economic states of things with govt regulations and policies.

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#3195603 15-Feb-2024 11:22

Agreed. The problem is that "free market" works as well as "trickle down".

That is to mean only works for a minority of well positioned contributors.

GV27

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#3195604 15-Feb-2024 11:23

michaelmurfy:

Remember that about the ferries too in the future.

The ferries weren't the problem. It was the repeated blowouts in the portside infrastructure that happened over, and over, and over again. And that people seem to think the people who kept serving them up would suddenly just manage to get them under control.

We're not a rich enough country that we can afford to just keep looking the other way while every infrastructure projects explodes in cost, nor is any project so important that we should abandon any pretense of financial restraint.

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