Labour / NZ First Government

[elZorro]

It doesn't matter EZ what I think the value is or should have been. We were told the settlements were "full and final". They are anything but and seem to just go on and on with no end in sight. I agree Tainui and Ngai Tahu are now large and reasonably well run organisations/corporations. They don't need any more corporate welfare from the Government

No, they were not full and final. In particular, there was another settlement for Tainui over the Waikato River, that was left out of the first settlement, and well flagged at the time (since processed). The 1Bill cap would also have been flagged, but inflation has caught up with it.

Those Treasury boffins love their equations and models. Sometimes they don't get them right, though.

http://www.sharechat.co.nz/article/2...3+January+2018

[elZorro]

Bill English at Ratana on TV1 tonight, didn't look too impressive. More like a marionette.

The governing coalition members had a warm reception. I like the look of this new direction.

[iceman]

Bill English at Ratana on TV1 tonight, didn't look too impressive. More like a marionette.

The governing coalition members had a warm reception. I like the look of this new direction.

Were Winnie and David Parker there ? Or have they still not returned from signing the TPP they so strongly opposed before the election. Great for NZ that they´ve seen the light :-)

[fungus pudding]

Bill English at Ratana on TV1 tonight, didn't look too impressive. More like a marionette.

The governing coalition members had a warm reception. I like the look of this new direction.

How absolutely suprising that isn't.

[minimoke]

90 day trial provisions gone except for small employers. Good way of increasing unemployment as large employers move to more reliable automation.

[fungus pudding]

90 day trial provisions gone except for small employers. Good way of increasing unemployment as large employers move to more reliable automation.

No need. Plenty of opportunity to send production and processing work to Asia; e.g. IAG insurance. Saves capital outlay for automation. In fact, if they drive wages high enough through legislated rises, we could all be on holiday.

[minimoke]

In fact, if they drive wages high enough through legislated rises, we could all be on holiday.

Not every one. Those in the public sector where you have compulsory customers will be safe. Nothing like an increase in minimum wage and talk of living wage to get those offshore brochures out around the board table,

[Zaphod]

Not every one. Those in the public sector where you have compulsory customers will be safe. Nothing like an increase in minimum wage and talk of living wage to get those offshore brochures out around the board table,

Or to further automate routine jobs. That'd also solve the productivity problem NZ ostensibly has.

[minimoke]

Or to further automate routine jobs. That'd also solve the productivity problem NZ ostensibly has.

Quite right. This is where Labour is running blind with 1970's ideology
.
While small business (under 20 employees) are likely to keep the trial provisions they don't necessarily have the capital to automate. Where as the big business will have better access to capital to invest in automation. So potentially we'll see big business hiring less semi-skilled staff and small business left with the dregs which they will churn through 90 day provisions.

What this inevitably means is that the "rich" bigger companies will get richer and the "poor" smaller companies will get poorer.

[elZorro]

Quite right. This is where Labour is running blind with 1970's ideology
.
While small business (under 20 employees) are likely to keep the trial provisions they don't necessarily have the capital to automate. Where as the big business will have better access to capital to invest in automation. So potentially we'll see big business hiring less semi-skilled staff and small business left with the dregs which they will churn through 90 day provisions.

What this inevitably means is that the "rich" bigger companies will get richer and the "poor" smaller companies will get poorer.

Not all of them. I agree with your comments. When big business gets a $5mill grant from Callaghan Innovation, they're likely to spend it on automation, to remove ongoing wages costs where they can. Give a small business just $100,000 and that could likely create two new jobs, and an opportunity for a new export product out of NZ. So I hope the Labour coalition will figure this out, and along with the R&D tax credits being reinstated (no mention yet) we'll be on a roll.