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  # 2017983 17-May-2018 21:25
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https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12053446

 

Kiwibuild investment dropped from 5B to 2.5B and forecast dropped by half as well. 

 

What a disgrace!


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  # 2018082 17-May-2018 23:04
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I may be wrong here...but they are taxing us with new taxes....they are borrowing $20bn and making a surplus...doesnt make sense. 


 
 
 
 


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  # 2018101 18-May-2018 05:20
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rjt123:
Geektastic:
MikeB4:

rjt123:
MikeB4:


Remember many have deceased partners etc. It never is straight forward




Oh no doubt it's complicated.

Which is why it's complicated to say where the state's responsibility starts and stops.

As I have said before, decentralization would solve a lot of of problems. Which is where Shane Jones' regional fund should be directed towards.


 


Centralisation of the 70s and 80s has created a lot of the mess we have now, not just financial but social upheaval. To change it will require leadership, financial resources, open minds and commitment, but, no one will go first. Again it is complicated as teh build it and they will come idea does not always work but it is worth a try. Maybe instead of building yet another motorway or suburb we use that money to move businesses to say the Bay of Plenty, Wairarapa, Taranaki, Nelson, Blenheim South Canterbury. Where they originally came from. 



How would you get the staff to move?

The regions already believe they can pay less just because of their location. My wife was interviewed for a job in the Wairarapa and when she told them her salary expectations in reply to their enquiry at interview, they said "Oh, we don't pay Wellington rates."

To which she more or less responded with "Why would I work for you then?"


Lower accommodation costs - save say $150 per week on rent or buy your own home for $150-200k

Better lifestyle. Give Auckland traffic and all their transport problems the one-fingered salute and live the dream in taranaki.

Two good reasons to move right there


We already live there. You would barely get a draughty mouse ridden shack for that sort of money.





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  # 2018106 18-May-2018 06:52
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Geektastic: We already live there. You would barely get a draughty mouse ridden shack for that sort of money.


Judging by the media hype that's what most rentals are. I don't believe it, but they imply a significant portion of NZ is living in squalor.

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  # 2018142 18-May-2018 09:18
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Pumpedd:

I may be wrong here...but they are taxing us with new taxes....they are borrowing $20bn and making a surplus...doesnt make sense. 



What in particular are you referring to as to new taxes

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  # 2018160 18-May-2018 10:07
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rjt123:
Pumpedd:

 

I may be wrong here...but they are taxing us with new taxes....they are borrowing $20bn and making a surplus...doesnt make sense. 

 



What in particular are you referring to as to new taxes

 

Large increases to fuel taxes and the fact that most average wage and salary earners will soon be paying tax on the highest bracket. With large increases to fuel prices plus large fuel taxes making our fuel one of the most expensive in the world. This will flow on quickly to higher inflation. 

 

My main point was that borrowing billions to make a surplus doesnt make sense. He is leaving money in the kitty for a rainy day...when he is borrowing to do that.


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  # 2018441 18-May-2018 16:38
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The surprise loser of Budget 18? Ugly horses

 

This was the most humorous title about the budget I could find on the  Radio NZ website. It seems that $5 million is being put aside for something to do with not ugly horses.


 
 
 
 


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  # 2018459 18-May-2018 17:04
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rjt123:
Geektastic: We already live there. You would barely get a draughty mouse ridden shack for that sort of money.


Judging by the media hype that's what most rentals are. I don't believe it, but they imply a significant portion of NZ is living in squalor.


I wasn’t really referring to rentals, although we have friends who work in farming and their house for a while was supplied as part of the job. John ended up filling gaps in the walls with newspaper to reduce the draught.

A decent house in the Wairarapa will cost you at least $600,000 and a top end one will be $1.2 million upwards (although at that level you’re probably going to get a chunk of land too).





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  # 2018520 18-May-2018 19:09
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networkn:

 

https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12053446

 

Kiwibuild investment dropped from 5B to 2.5B and forecast dropped by half as well. 

 

What a disgrace!

 

 

Gotta blame the "kids at Treasury". They must be wrong.


gzt

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  # 2018525 18-May-2018 19:20
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networkn:

https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12053446


Kiwibuild investment dropped from 5B to 2.5B and forecast dropped by half as well. 


What a disgrace!


This represents they anticipate spending less during the same period.

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  # 2018725 19-May-2018 01:19

rjt123:
MikeB4: Taranaki is lovely and Mount Taranaki is magnificent.


Thanks fans....

But seriously there are a lot of people who wouldn't consider the regions because of a mindset.

There's actually an enviable lifestyle to be had in any small town that many aucklanders don't even know exists.

I bought a 300m house in the rural outskirts of hawera, on a 5 acre block of land where I can graze my own cattle. Spacious and private. About 3 minutes drive to the shops and to work.cost me $500k.

I work in a business in hawera that operates nationally with it's warehouse in Auckland. Earn a wage comparable to anyone in the main centres. Taranaki in itself has the highest gdp per capital in NZ, by far. Can't be said for every reagion of course, but there's more to NZ than Auckland.

I never have any concerns with traffic. About 10minutes drive to an uncrowded beach. mount taranaki is about half an hour away. A million times better than mt Eden or Mt Victoria, snowboarding is far superior to snow planet.

In short decentralization is totally viable for NZ.


The reason for the highest GDP per capita- the oil and gas industry. Which is also the same industry that the Labour government wants banned. There is also the Methanex plant and the gas power stations in the region as well. But they also rely on the petroleum industry as well. Even if your job has nothing to do with petroleum, as the job losses start. It will depress wages in the whole region. And of course less spending and investment. So a slow but steady decline will set in.

What about farming, the government hates farming as well.

As for tourism- There are unlikely to be many tourism jobs that pay more than the min wage. So that is unlikely to help.





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  # 2018914 19-May-2018 12:54
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@Aredwood it's not a case of hating the Petrochemical or Farming sectors it's a case that the move for change has to start now if we are going to have any chance of dealing with climate change and the mess our environment is in. We need to reduce our dependency on finite fossil fuels and we need to clean up the farming sector and reduce the number of dairy stock. 





Mike
Retired IT Manager. 
The views stated in my posts are my personal views and not that of any other organisation.

 

There is no planet B

 

 


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  # 2019136 19-May-2018 19:03
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Pumpedd:

 

rjt123:
Pumpedd:

 

I may be wrong here...but they are taxing us with new taxes....they are borrowing $20bn and making a surplus...doesnt make sense. 

 



What in particular are you referring to as to new taxes

 

Large increases to fuel taxes and the fact that most average wage and salary earners will soon be paying tax on the highest bracket. With large increases to fuel prices plus large fuel taxes making our fuel one of the most expensive in the world. This will flow on quickly to higher inflation. 

 

My main point was that borrowing billions to make a surplus doesnt make sense. He is leaving money in the kitty for a rainy day...when he is borrowing to do that.

 

 

Umm threshold creep is a long issue. It gets fixed every now and then, but I agree a tax table adjustment to stop threshold creeps is a good idea, but Im not aware of any NZ Govt that does that every year.

 

Fuel taxes are to solve a local issue. Local issue that has not been dealt with. Or reduce that fuel tax to generate a "tax cut" and outlaw any condemnation of congestion?

 

Im not aware that he borrowed billions. It was existing taxation. And leaving money in the kitty is a National policy, which is why this budget is being named National-Lite. 


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  # 2019175 19-May-2018 22:09
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MikeB4:

@Aredwood it's not a case of hating the Petrochemical or Farming sectors it's a case that the move for change has to start now if we are going to have any chance of dealing with climate change and the mess our environment is in. We need to reduce our dependency on finite fossil fuels and we need to clean up the farming sector and reduce the number of dairy stock. 



Banning oil exploration and production in NZ is not actually going to help the environment. As NZ will still burn the exact same amount of fossil fuels. Only difference is that overseas production will have to increase to make up for the reduction in NZ. Except the jobs and royalties will go overseas as well. So no gain to the environment.

And NZ dairy, where farmers grow grass, and the cows eat the grass. Is far better for the environment than overseas dairy systems. Where grain is grown, using fertilizer and pesticides produced from oil. Harvested, processed and transported using oil. Only to be fed to cows. The cows often live in large barns, which are heated by oil or other fossil fuels. Then add on the usual dairy emissions.

NZ can actually produce beef, and ship it to the UK. While producing less emissions than local UK beef. Even after allowing for the emissions from the shipping.

Clamping down on the petroleum and dairy industries in NZ is only a feel good measure. In that any reduction in NZ emissions will be offset by an increase in overseas emissions. And NZ will loose the income from them. Right at the same time that Labour says that Health, Education etc are underfunded.

Why not just build some more hydro generation, or increase the output of existing hydro generation. Try asking the green party about raising the water level in lake Manapouri. But the green party hates large scale hydro generation.





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  # 2019184 19-May-2018 22:29
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If we don't start changing we will be screwed. The Ostrich method is not going to save us.




Mike
Retired IT Manager. 
The views stated in my posts are my personal views and not that of any other organisation.

 

There is no planet B

 

 


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