Noitall
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Jewish don king with that crop
Politics 🗳️ NZ Politics
- Thread starter wizard of Tauranga
- Start date
She has been a great league fan for many years. From memory she was Patron or something similar with Mt Albert Rugby League a while ago
She was/is for sure a league fan but she is also a vociferous opponent of extra events at Eden Park. Maybe she’s moved.
As far as I know she still lives there.
Now you're onto it.Our power prices have gone up astronomically. Great work by National, Act and the neolib fuckwits from Labour
The Press
www.thepress.co.nz
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This service should be state owned and controlled. Since the industrial revolution, planet growth has been fueled by cheap energy, not any more.
kudos for your political balanceOur power prices have gone up astronomically. Great work by National, Act and the neolib fuckwits from Labour
The Press
Neolib fuckwits are neolib fuckwitskudos for your political balance
Let's be real here - two went on and formed the Act party, that's how corrupted Labour got.
A number of National and Labour mps were sponsored by the Americans and indoctrinated to the Chicago school of economics, very willingly embracing hard right neoliberalism in the early to mid 80s.
A number of National and Labour mps were sponsored by the Americans and indoctrinated to the Chicago school of economics, very willingly embracing hard right neoliberalism in the early to mid 80s.
miket12
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Latest One News Poll has the coalition leading again. If their poll was the results if an election was held today (assuming the TMP holds six electoral seats), the right would have 65 seats to the left with 59.
If that ends up being the result in November, Hipkins will be the first Labour leader to loss two elections in a row since Bill Rowling before I could vote... back in the Muldoon era off 1978.
If that ends up being the result in November, Hipkins will be the first Labour leader to loss two elections in a row since Bill Rowling before I could vote... back in the Muldoon era off 1978.
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miket12
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As counterinitiative as it may seem.... it's better for genretailers in a country where nuclear generation doesn't occur to make as larger operating profits as possible.... and it's all to do with how they produce power and what sort of "additional" energy they purchase from other generators.Our power prices have gone up astronomically. Great work by National, Act and the neolib fuckwits from Labour
The Press
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In NZ, the most expensive power for them to produce or buy is that produced by fossil fuels (i.e. gas, coal, oil etc.) while the cheapest currently in NZ is from renewables (not including batteries). So, when there's more sun, more wind and more water in the hydro lakes, the genretailers will make a greater operating profit.... when they are more reliant on fossil fuels (like two years ago), they make less operating profit. I.e. it's better for the climate when the power companies in NZ make a larger operating profit.
What I'd like to see, is a government with the balls to set in law a ratio of how much of the genretailers provide must be put make into capital expenditure to providing new renewable generation and limiting how much is paid out in dividends.
There's one huge problem with that though and that's the fact that the majority shareholder in the genretailers is the NZ government.... limiting the dividend payout reduces the money they receive.... and Finance Ministers love it when they have more off our money to spend.
Here's an idea Mr Watts (great name for a Mininster of Energy and Resources IMO) and Ms Willis.... instead of making the genretailers (and Contact) pay you a levy for the new gas generating plant, set aside the government receives each year in dividend payments and corporate tax ($1.75 billion last year) for the next for the next four years exclusively to pay for the new plant.... instead of putting an additional cost on to the consumers!!!
juju
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It was in discussion alot earlier than the current government.
The major event funding probably pushed it across the line as well as the lobbying support of bringing more events to Eden Park.
Do you think using the same funding pool for Live Nation (huge overseas based corporate) to bring Linkin Parkl to Spark Arena is good use of tax payers money though? Every other spark show doesn't get that that.
LN lobbied the government for the funding to increase.
juju
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She has that rare Warriors Mt Albert jersey that - collectors go nuts for it - one just sold for $8k recently.
Given the prices of the Linkin Park tickets (ridiculously overpriced!), I agree with you and don't think that was a good use of taxpayer money no.
Regardless of where people sit on the political spectrum, having Origin being played down the road is pretty cool. I was a bit surprised by the "meh" reaction on a league site. Ah well. Hopefully the event is attended by a few passionate supporters and we can get big events in future.
NZ is a detour for most artists, so the more the merrier in my view
Wow. My old man played for Mt Albert .Maybe I should have kept his jerseys.Sigh
juju
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I agree SOO meets all the metrics. Draws australian and regional visitors
Just the reality it was in discussion before the government were elected.
Linkin Park is just an example of the cronyism that exists. LN received that funding because of their lobbying.
If we’re talking about funding music events it should be decided on scale and used to bring stadium acts that by pass nz (acdc, lady gaga etc).
An arena show makes no sense.
The meh perception probably comes from a government preaching austerity but throwing money around on business cases that stack up without the funding?
TBF, Auckland has been pretty suckful the last 8 years, so I’d be happy with anything that breathes life back into our city.
Well, anything that isn’t rugby / sailing / six60
juju
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Six 60 got funding for a show at the new Christchurch Stadium.
Again questionable funding given it was a show always likely to happen.
miket12
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RBNZ announced that OCR will stay the same. They're expecting inflation to drop back into the 1-3% band this quarter so don't see the need to put the OCR back up. They're forecasting more economic growth this year and a drop in the unemployment rate. Here's from their email....
18 February 2026
Annual consumers price inflation was slightly above the Monetary Policy Committee’s 1 to 3 percent target band at the end of 2025. Increases in food and electricity prices and local council rates were the biggest contributors to above-target inflation.
The economy is at an early stage in its recovery. With ongoing strength in commodity prices, economic activity in the agricultural sector and regional New Zealand remains strong. Although residential and business investment is increasing, households remain cautious in their spending. The labour market is stabilising, but unemployment remains elevated. House price growth remains weak, dampening household wealth and inclination to spend.
In response to previous cuts in the OCR, economic growth is broadening across sectors of the economy, such as manufacturing, construction and some retail. Economic growth is expected to increase over 2026.
Inflation is most likely returning to within the Committee’s 1 to 3 percent target band in the current quarter. The Committee is confident that inflation will fall to the 2 percent midpoint over the next 12 months due to spare capacity in the economy, modest wage growth, and core inflation within the target band.
Risks to the inflation outlook are balanced. The global environment remains highly uncertain. Domestically, greater caution by households in their spending decisions could slow the pace of New Zealand’s economic recovery, risking inflation falling below the target midpoint. But with demand increasing in the economy, businesses could try to increase prices faster than expected, leaving inflation above the target midpoint.
The Committee agreed to hold the OCR at 2.25 percent. If the economy evolves as expected, monetary policy is likely to remain accommodative for some time. The Committee will continue to assess incoming data carefully. As the recovery strengthens and inflation falls sustainably towards the target midpoint, monetary policy settings will gradually normalise.
OCR on hold at 2.25% with inflation expected to fall
18 February 2026
Annual consumers price inflation was slightly above the Monetary Policy Committee’s 1 to 3 percent target band at the end of 2025. Increases in food and electricity prices and local council rates were the biggest contributors to above-target inflation.
The economy is at an early stage in its recovery. With ongoing strength in commodity prices, economic activity in the agricultural sector and regional New Zealand remains strong. Although residential and business investment is increasing, households remain cautious in their spending. The labour market is stabilising, but unemployment remains elevated. House price growth remains weak, dampening household wealth and inclination to spend.
In response to previous cuts in the OCR, economic growth is broadening across sectors of the economy, such as manufacturing, construction and some retail. Economic growth is expected to increase over 2026.
Inflation is most likely returning to within the Committee’s 1 to 3 percent target band in the current quarter. The Committee is confident that inflation will fall to the 2 percent midpoint over the next 12 months due to spare capacity in the economy, modest wage growth, and core inflation within the target band.
Risks to the inflation outlook are balanced. The global environment remains highly uncertain. Domestically, greater caution by households in their spending decisions could slow the pace of New Zealand’s economic recovery, risking inflation falling below the target midpoint. But with demand increasing in the economy, businesses could try to increase prices faster than expected, leaving inflation above the target midpoint.
The Committee agreed to hold the OCR at 2.25 percent. If the economy evolves as expected, monetary policy is likely to remain accommodative for some time. The Committee will continue to assess incoming data carefully. As the recovery strengthens and inflation falls sustainably towards the target midpoint, monetary policy settings will gradually normalise.
