Billy has just quit politics.Are you sure Bruce. There's some right nutters out there.
Billy has just quit politics.Are you sure Bruce. There's some right nutters out there.
Yeah that was a blessing but he's still loose in the communityBilly has just quit politics.
I've only recently started Kiwisaver because I have put my own contributions, so it's a little compulsory saving. I have no idea where my funds are invested and it's not something that rates on my moral compass. I suspect very few people no where their money is invested, including the PM. she probably has more pressing issues.
But you don’t have the resources of the IRD or MFAT or Treasury or Parliamentary Services or the Prime Ministers office or Stats NZ or the Bureaucrats charged with investigating where ACC or NZ SuperFund invest or dozens of other trainspotters in government departments under you who could have a look at a list given to you from your KiwiSaver provider and check that off against known arms manufacturers.Miket12, I get a regular update from my Kiwisaver provider, showing me the 0.24% of the total funds that have been invested that they've got invested in This Company, the 0.31% they've invested in That Company etc etc. All listed in very boring detail. They could be bullshitting for all I know. JA might well be funding something morally suss, but beyond asking her Kiwisaver provider, she can only take them on their word. Same as JC would.
I don't think there is hypocrisy.But you don’t have the resources of the IRD or MFAT or Treasury or Parliamentary Services or the Prime Ministers office or Stats NZ or the Bureaucrats charged with investigating where ACC or NZ SuperFund invest or dozens of other trainspotters in government departments under you who could have a look at a list given to you from your KiwiSaver provider and check that off against known arms manufacturers.
But, I’m guessing you don’t see the hypocrisy of calling Air NZ in to a select committee to account for fixing some engines while, four months, after finding out three of the companies where your KiwiSaver invests on your behalf, and only asking MFAT to talk with ANZ only after a reporter asks what you‘ve done about it during the four months after you were made aware of it.
I think thats the bit you are missing. She was told months ago and hasn't changed (as well as others) Where other MPs were told at the same time and changed straight away.I don't think there is hypocrisy.
AirNZ's contract work will be governed by a multitude of factors around diplomatic relations and reputation for New Zealand.
JA's personal investment portfolio is really non of our business.
<edit> Unless it interferes with her ability to do her job - I don't think this is the case here, it's clearly a passive investment fund that she hasn't really thought too much about.
Good on the reporter for picking it up, as JA and the other MPs will probably change their funds as a result. <edit>
Haha, my bad - I didn't readI think thats the bit you are missing. She was told months ago and hasn't changed (as well as others) Where other MPs were told at the same time and changed straight away.
In the normal course of events I couldn't give two shits what she invests her money in. And if she was only just informed then I would say who does know what their kiwisaver is invested in. But this isnt the case here. And thats were the hypocrisy thatMiket12 was talking about comes in I guess
no, I don't think so either. But 'it doesn't pass the sniff test'Haha, my bad - I didn't read his reply properly
JA doesn't strike me as someone who is unethical by nature.
100% - we are heading to a situation fast - where a huge chunk of the population won't be able to buy a house / save a deposit without help from their parents.That is the only way most people are going to get equity...very sad.
It may be a good thing if it encourages young Kiwi's to compete starting with education, budgeting, hard work and setting goals etc. Many migrants arrive here with nothing and English as a second language and achieve way more than our own people.100% - we are heading to a situation fast - where a huge chunk of the population won't be able to buy a house / save a deposit without help from their parents.
My point wasn't really about young people being disciplined - more the model is shifting in a dramatic way where more and more people will be locked out without help from parents.It may be a good thing if it encourages young Kiwi's to compete starting with education, budgeting, hard work and setting goals etc. Many migrants arrive here with nothing and English as a second language and achieve way more than our own people.
The Auckland market is out of reach to young people starting out in most cases. The way prices are I would be looking to live in one of the many towns or cities where there is work and cheaper housing. An increase of 2% in interest rates would halt prices in their tracks. Melbourne is often quoted as being a city of expensive housing but my son bought there a couple of years ago and it was miles cheaper than Auckland. He is a chippy working on wages, currently on $66 an hour including site allowance and loading for holiday pay, $47 a day travel allowance and overtime after 8 hours, union job off course. Why slave away in Auckland.My point wasn't really about young people being disciplined - more the model is shifting in a dramatic way where more and more people will be locked out without help from parents.
How can young people save a 20% deposit when properties in Auckland now average over a mill... will paying rent that is only skyrocketing.
Which is why the government is considering a shared equity scheme.My point wasn't really about young people being disciplined - more the model is shifting in a dramatic way where more and more people will be locked out without help from parents.
How can young people save a 20% deposit when properties in Auckland now average over a mill... will paying rent that is only skyrocketing.
I think that is the case, why stay here. However I didn't realise Kiwis are second class citizens now. They pay full tax but get no benefits.The Auckland market is out of reach to young people starting out in most cases. The way prices are I would be looking to live in one of the many towns or cities where there is work and cheaper housing. An increase of 2% in interest rates would halt prices in their tracks. Melbourne is often quoted as being a city of expensive housing but my son bought there a couple of years ago and it was miles cheaper than Auckland. He is a chippy working on wages, currently on $66 an hour including site allowance and loading for holiday pay, $47 a day travel allowance and overtime after 8 hours, union job off course. Why slave away in Auckland.
That is part of the story.Many migrants arrive here with nothing and English as a second language and achieve way more than our own people.
Is that what we are really lacking, a strong unionised labour force?The Auckland market is out of reach to young people starting out in most cases. The way prices are I would be looking to live in one of the many towns or cities where there is work and cheaper housing. An increase of 2% in interest rates would halt prices in their tracks. Melbourne is often quoted as being a city of expensive housing but my son bought there a couple of years ago and it was miles cheaper than Auckland. He is a chippy working on wages, currently on $66 an hour including site allowance and loading for holiday pay, $47 a day travel allowance and overtime after 8 hours, union job off course. Why slave away in Auckland.
I will give dairy farming as an example.My point wasn't really about young people being disciplined - more the model is shifting in a dramatic way where more and more people will be locked out without help from parents.
27 Sep
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