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  1. #1
    ShareTrader Legend Beagle's Avatar
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    Default Is the honeymoon over for Labour ?

    https://www.stuff.co.nz/business/105...of-a-rainy-day

    The numbers are starting to look very tight and business confidence is plumbing lows not seen for many many years. Its starting to look like those in business are really losing confidence in Government and when they stop spending on new projects and divert capital elsewhere, possibly overseas...

    I think the timing of the announcement regarding the whopping $2.3 billion dollar Orion aircraft is at best, unfortunate.
    Last edited by Beagle; 09-07-2018 at 04:29 PM.
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  2. #2
    An Awesome Cool Cat winner69's Avatar
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    Beagle ...public servants grumpy and marching in the rain instead of working

    This is interesting

    https://twitter.com/taxpayersunion/s...04677794103296
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

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    The P8 Posideon aircraft are about the only real option to replace the P3 Orions.
    The P8 is based on the very well known and proven Boeing 737-800ERX airframe which replaces the P3 Orion which was based on another passenger aircraft the Lockheed Electra. The first P8s when into service in 2013 in the US so it's a very current aircraft and used by the US and Australia.

    The P3 has been around since 1960 and when it is finally replaced in 2023, the RNZAF P3s the bulk of which saw initial service in 1966 will have been in service for 57 years!!!

    The moot question is whether the P8 should be weaponised given that to do so will require moving the squadron to Ohakea from Whenuapai (given that torpedo carrying aircraft really should be that near houses nor should the munitions) as this is a very costly part of the programme - and somewhat at odds with what the RNZAF actually uses the P3 aircraft currently for most of the time (SAR and Fisheries Patrol).

    On the other hand, Ron Mark looked as pleased as Punch about spending money but really looked aggrieved when someone rained on his parade by asking if the aircraft were instead of paying teachers more....

  4. #4
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by Rep View Post
    The P8 Posideon aircraft are about the only real option to replace the P3 Orions.
    The P8 is based on the very well known and proven Boeing 737-800ERX airframe which replaces the P3 Orion which was based on another passenger aircraft the Lockheed Electra. The first P8s when into service in 2013 in the US so it's a very current aircraft and used by the US and Australia.

    The P3 has been around since 1960 and when it is finally replaced in 2023, the RNZAF P3s the bulk of which saw initial service in 1966 will have been in service for 57 years!!!

    The moot question is whether the P8 should be weaponised given that to do so will require moving the squadron to Ohakea from Whenuapai (given that torpedo carrying aircraft really should be that near houses nor should the munitions) as this is a very costly part of the programme - and somewhat at odds with what the RNZAF actually uses the P3 aircraft currently for most of the time (SAR and Fisheries Patrol).

    On the other hand, Ron Mark looked as pleased as Punch about spending money but really looked aggrieved when someone rained on his parade by asking if the aircraft were instead of paying teachers more....
    Thanks for your post. I agree its been a phenomenal testament to the engineering capabilities of the RNZAF engineers to keep those Orion's going for so long but at what appears to be around $500m per replacement aircraft including weaponizing them that's a lot of coin when teachers, nurses and others are struggling to make ends meet. I guess the issue I have is that lets be honest, if they ever have to use those multi million dollar torpedo's we're at war and with our extremely limited ability to defend ourselves...

    I guess this is about maintaining some degree of credibility with our allies...never mind that we can't afford to have proper mental healthcare facilities and treatment programs for the tens of thousands of suicidal youth and meth addicts in N.Z. or build enough shelter for the tens of thousands of homeless..as long as we're keeping up appearance with our Allies and donating $900m odd extra to Winston Peter's slush fund for the Islands and Shane Jones $1b slush fund for the regions everything will be alright...
    Last edited by Beagle; 10-07-2018 at 10:14 AM.
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    Globally its been a very long honeymoon.All Bulls must end sometime as well.

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    Quote Originally Posted by Joshuatree View Post
    Globally its been a very long honeymoon.All Bulls must end sometime as well.
    Rob Campbell doesn't think the end is nigh!

    https://www.nzherald.co.nz/business/...ectid=12086233

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    Yes we know who is throwing the dirt , the usual suspects.

    Those business confidence surveys are just a measure of political bias. The link between confidence and performance of the economy can be non existent. Amy Adams etc are doing what they do best, scaremongering and recklessly talking down the economy, desperate and dirty.

    The Helen Clark Labour govt from 2000 to 2008, business was pessimistic 88 out of 99 months and the economy GREW 3.2% a year!

    2009 to 2017 under National business was optimistic for 89 months(during the GFC and ChCH earthquake) and the economy grew about 2%

    Growth around 3% is continuing now.

    Skilled staff is a/the major common issue and who created that eh?. labour have jim bolger taskforce on board, fees free policies,apprenticeship incentives , importing skilled labour etc

    A good listen here, on National radio of course. Listenduration 16′ :12″

  9. #9
    ShareTrader Legend Beagle's Avatar
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    Some people assured me that within a short space of time after Labour won the election, (correction Labour were installed as leaders at Winston's behest despite National winning significantly more votes) that business would get used to the new Government in a few months.

    From where I sit there is considerable disquiet and the new regional fuel levy, (yes that is a new tax) has caused considerable angst. I know of one modest sized Auckland trucking company that is starring down the barrel of $1.5m extra in costs and is intending to pass them all on. Aucklanders haven't seen the half of it yet and everything that gets transported will be going up.

    Then there's their ludicrous and unceremonious curtailment of offshore oil exploration which is dramatically affecting this sector. Talk of a toilet tax for Aucklanders to pay for essential new waste treatment pipeline is simply ludicrous.

    We will see what GDP is for the second quarter in due course and this current quarter much later this year. The sense I get is this government is leaving us up the creek without a paddle. Plenty of money for their pet projects and of course to pay the $900m bribe to Winston to buy themselves into power and Shane Jones slush fund, no problem. I for one expect a fairly dramatic reduction in the GDP growth rate in the year to June 2019. A miserable 1.0 - 1.5% would not surprise me in the slightest.
    Last edited by Beagle; 10-07-2018 at 01:46 PM.
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    Typical fear mongering from a national slant.

  11. #11
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by Joshuatree View Post
    Typical fear mongering from a national slant.
    Except I get the privilege of talking to a lot of small business owners, (the lifeblood of the economy) and what I hear concerns me. Hope I'm wrong and everything will be fine and dandy come spring but from where I sit this has all the makings of a winter of discontent breeding even more negativity.
    Like many things, time will tell.
    Last edited by Beagle; 10-07-2018 at 02:06 PM.
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    That original winter of discontent is mentioned in this great objective piece on national radio about 4 .40 in. Listenduration 16′ :12″

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    National did nothing they just let the immigration flow, the hospitals clog the country clog, housing unaffordable, state houses flogged off , child poverty,rivers become wadeable LOL etc.They underfunded most things and didn't value their workers, just picked off all the low hung fruit . A living wage for many, a decent wage is what the nurses and many others deserve/ need. Greedy? Wait till you are in a ward and say that then.Unbelievable and arrogant.! Things are happening with this coalition that should have happened before.
    Last edited by Joshuatree; 10-07-2018 at 09:33 PM.

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    So am I right nurses with a few years experience can get paid upwards of $79,000p/a and with the latest offer this could go up to just over 90k pa ?? and they turned it down ...Geez I think that was a pretty good offer.... I agree Cindy and team look a soft touch, so the public sector is just going continue to put the hand out esp with inflation in living costs

    I haven't had a pay increase in over a decade >> as I work in the primary sector like many we are at the mercy of export prices and continuing higher operating costs .. Come on Gov give us a tax break ? ..I've gone from having a good income to pretty average one when you compare to others that have held the same job in the public sector for the last 20yrs etc as inflation has eaten away at every NZD we earn and its only getting worse with Taxcinda..
    Last edited by JBmurc; 10-07-2018 at 09:50 PM.
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    Quote Originally Posted by Joshuatree View Post
    National did nothing they just let the immigration flow, the hospitals clog the country clog, housing unaffordable, state houses flogged off , child poverty,rivers become wadeable LOL etc.They underfunded most things and didn't value their workers, just picked off all the low hung fruit . A living wage for many, a decent wage is what the nurses and many others deserve/ need. Greedy? Wait till you are in a ward and say that then.Unbelievable and arrogant.! Things are happening with this coalition that should have happened before.
    like a raise in benefits ? no wait the Labour govt could never deliver that .... it took National....

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