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07-05-2018, 11:34 AM
#1011
Saw this headline in an Aussie paper - Whatever Tuesday's budget holds, it's sure to be fudged
Just like our Budget next week will also be fudged ...fudged big time
”When investors are euphoric, they are incapable of recognising euphoria itself “
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07-05-2018, 11:59 AM
#1012
Originally Posted by winner69
Saw this headline in an Aussie paper - Whatever Tuesday's budget holds, it's sure to be fudged
Just like our Budget next week will also be fudged ...fudged big time
Speaking of budgets, the weekend DomPost carried an article by financial commentator Janine Sparks pointing out that the $700 Winter Energy Payment is, in fact, $413.66 for couples, $265.98 for singles, in 2018. Apparently, there is a little noticed clause in the announcement " When fully implemented, the annual payment will be......"
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07-05-2018, 12:43 PM
#1013
Originally Posted by macduffy
Speaking of budgets, the weekend DomPost carried an article by financial commentator Janine Sparks pointing out that the $700 Winter Energy Payment is, in fact, $413.66 for couples, $265.98 for singles, in 2018. Apparently, there is a little noticed clause in the announcement " When fully implemented, the annual payment will be......"
Jeez that Jacinda is one big story teller eh
She said (promised) $700 and she only going to give us $413.66 this year .....what a diddle
And instead of starting May we have to wait to July ...another part of the promise broken
Like that bit in the article about how if people had to apply they assumed 20% wouldn’t bother so the sums were done and everybody had to take a 20% haircut....sneaky clever eh
Jacinda and her cronies just a pack of dishonest ratbags.
”When investors are euphoric, they are incapable of recognising euphoria itself “
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07-05-2018, 12:45 PM
#1014
Originally Posted by macduffy
Speaking of budgets, the weekend DomPost carried an article by financial commentator Janine Sparks pointing out that the $700 Winter Energy Payment is, in fact, $413.66 for couples, $265.98 for singles, in 2018. Apparently, there is a little noticed clause in the announcement " When fully implemented, the annual payment will be......"
If you go here (http://img.scoop.co.nz/media/pdfs/17..._factsheet.pdf) you will see Andrew Little very clealry promised $700 a year at a total cost of $374m. This was to help stop "Around 1,600 Kiwis die each year due to cold housing in winter."
If you go here (https://www.labour.org.nz/familiespackage) you will see Labour have budgeted $374m in the 2018/2019 year. So they have promised $700 in the upcoming financial year.
There is the issue of the "small Print" that the Labour plans will come into force on 1 July 2018. That is presumably when they will stop the 2017 Budget and replace it with their own plan. Trouble with this though is that the 2017 Budget was to drop personal income tax by approx $1,000. So if their Plan is to replace the 2017 budget on 1 July surely your tax should drop from 1 April to 30 June.
Never mind the promise and numbers are clear - $374m to the old folks for a $700 a week payment in the 2018/19 financial year. Stop the oldies from dying Labour - keep your promise!
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07-05-2018, 01:03 PM
#1015
Originally Posted by minimoke
If you go here ( http://img.scoop.co.nz/media/pdfs/17..._factsheet.pdf) you will see Andrew Little very clealry promised $700 a year at a total cost of $374m. This was to help stop "Around 1,600 Kiwis die each year due to cold housing in winter."
If you go here ( https://www.labour.org.nz/familiespackage) you will see Labour have budgeted $374m in the 2018/2019 year. So they have promised $700 in the upcoming financial year.
There is the issue of the "small Print" that the Labour plans will come into force on 1 July 2018. That is presumably when they will stop the 2017 Budget and replace it with their own plan. Trouble with this though is that the 2017 Budget was to drop personal income tax by approx $1,000. So if their Plan is to replace the 2017 budget on 1 July surely your tax should drop from 1 April to 30 June.
Never mind the promise and numbers are clear - $374m to the old folks for a $700 a week payment in the 2018/19 financial year. Stop the oldies from dying Labour - keep your promise!
We should have kept an eye on Jacinda’s nose since she became the boss
Bill Clinton was a good nose guy .... when he was lying he touched it 26 times a minute ....never touched his nose when telling the truth
”When investors are euphoric, they are incapable of recognising euphoria itself “
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07-05-2018, 08:47 PM
#1016
Originally Posted by winner69
We should have kept an eye on Jacinda’s nose since she became the boss
Bill Clinton was a good nose guy .... when he was lying he touched it 26 times a minute ....never touched his nose when telling the truth
This item way back in Dec 2017 spells out the difference.
http://www.superseniors.msd.govt.nz/...y-payment.html
Yes, it's a bit less in the first year, maybe they're testing the idea to see how it goes, or the programmers couldn't action it fast enough. The pro rata rate is correct, for a superannuitant couple over the five months, it'll work out to a $700 rebate on power for the winter season next year.
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07-05-2018, 09:38 PM
#1017
Party donations for the 2017 elections were released yesterday, National (at around $4mill) must be a bit grumpy in that despite getting more than twice the amount Labour achieved, they couldn't hold onto power. Some interesting donors there.
http://www.elections.org.nz/sites/de...eturn_2017.pdf
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07-05-2018, 09:48 PM
#1018
Interesting that NZ First received $550,000 but has not disclosed a single donor
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07-05-2018, 09:55 PM
#1019
Originally Posted by iceman
Interesting that NZ First received $550,000 but has not disclosed a single donor
Which makes them pretty poor at getting big donations, but efficient with the money. Most parties gathered in the majority of funds with smaller donations.
http://www.elections.org.nz/parties-...ions-year/2017
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07-05-2018, 10:13 PM
#1020
Originally Posted by elZorro
This item way back in Dec 2017 spells out the difference.
http://www.superseniors.msd.govt.nz/...y-payment.html
Yes, it's a bit less in the first year, maybe they're testing the idea to see how it goes, or the programmers couldn't action it fast enough. The pro rata rate is correct, for a superannuitant couple over the five months, it'll work out to a $700 rebate on power for the winter season next year.
Nothing to do with power. I'm spending mine on drugs.
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