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  1. #10021
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    Quote Originally Posted by Balance View Post
    Nash not a gone burger but ‘demoted’ to lowest ranked minister.

    LOL.

    How pathetic can Hipkins & the Labour government be?

    All spin and no delivery as usual.

    https://www.stuff.co.nz/national/pol...arning-pm-says
    Hipkins looks weaker by the minute. Yet another example of Nash not having the intellect or judgement to be a Minister and Hipkins still keeps him in Cabinet. We all know Labour is short of talent but this is indefensible.

    https://www.nzherald.co.nz/nz/politi...CVJK5KR6BGNOE/

    Labour lurching from one shambles to another....oh, and by the way we have a recession to look forward to that has been engineered by the Reserve Bank, who along with Grant Robertson were castigated in a report from a former RB Governor earlier.

  2. #10022
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    It is interesting if you look at the specifics of each of Nash's indiscretions.
    The final one was in his capacity as the electorate MP contacting a senior official MBIE to request they look at the immigration case of a health professional (doctor ?) who Hawkes Bay did not want to lose. He did not follow the established procedure to do this.
    Earlier ones were saying he hoped the killer of a Policeman would get a long sentence in jail, & criticising a judge as being too lenient in a case of a man found with military AR-15 & thousands of rounds of ammunition & no gun licence.

    I absolutely agree Nash had to lose his Ministerial portfolios & be demoted, & Hipkins has quickly removed any target for the opposition.
    But Imo the opposition didn't want to over-egg this as generally the public probably think judges are too lenient, & he was trying to assist a doctor who otherwise might be lost to his electorate, with their immigration case.

  3. #10023
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    Quote Originally Posted by Blue Skies View Post
    It is interesting if you look at the specifics of each of Nash's indiscretions.
    The final one was in his capacity as the electorate MP contacting a senior official MBIE to request they look at the immigration case of a health professional (doctor ?) who Hawkes Bay did not want to lose. He did not follow the established procedure to do this.
    Earlier ones were saying he hoped the killer of a Policeman would get a long sentence in jail, & criticising a judge as being too lenient in a case of a man found with military AR-15 & thousands of rounds of ammunition & no gun licence.

    I absolutely agree Nash had to lose his Ministerial portfolios & be demoted, & Hipkins has quickly removed any target for the opposition.
    But Imo the opposition didn't want to over-egg this as generally the public probably think judges are too lenient, & he was trying to assist a doctor who otherwise might be lost to his electorate, with their immigration case.
    A well intentioned fool is still a fool. In Nash's position they become a dangerous fool. He is bereft of the judgement required of a Minister. Hipkins is weak and desperately short of Ministerial talent of any description.

  4. #10024
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    Quote Originally Posted by jonu View Post
    Hipkins looks weaker by the minute. Yet another example of Nash not having the intellect or judgement to be a Minister and Hipkins still keeps him in Cabinet. We all know Labour is short of talent but this is indefensible.

    https://www.nzherald.co.nz/nz/politi...CVJK5KR6BGNOE/

    Labour lurching from one shambles to another....oh, and by the way we have a recession to look forward to that has been engineered by the Reserve Bank, who along with Grant Robertson were castigated in a report from a former RB Governor earlier.
    RBNZ forecast 0.7% GDP growth and it came in at -0.6%! You cannot get it more wrong than that!!!!

    And the current account deficit has been blowing out, showing how the labour constraint/immigration engineered by this incompetent & clueless government is severely impacting on production and the economy.

    Heading towards the day when NZ cannot pay its way in the world.

    But hi - there will be more Maori words being used and what a great achievement to crow about! Never mind the best and most able of NZers will all be in Australia.
    Last edited by Balance; 17-03-2023 at 08:04 PM.

  5. #10025
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    Battle for the white middle class voters - where 2023 real battle ground really is.

    The brown vote will be with Labour so they will be taken for granted. So it is to be expected that Act & NZ First will play that up to scare the white middle class to NOT vote Labour or the Greens.

    Then, there’s all the other issues which will bring the ‘Winter of discontent’ to NZ:

    https://www.stuff.co.nz/opinion/1315...the-inevitable

    Cost of living crisis

    Crime

    Housing

    Rising interest rates

    Current account disaster

    Education

    Health

    Race policies
    Last edited by Balance; 17-03-2023 at 09:17 PM.

  6. #10026
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    Snap election coming up …..best chance Labour have

    Maybe even June before we know we are in a recession and employment still high
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #10027
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    ‘ Ratings agency Standard & Poors has warned that New Zealand’s credit rating could be reduced if the current account deficit does not improve and government interest costs rise substantially to more than 10% of revenues.

    The current account deficit is the amount that spending exceeds revenues.’

  8. #10028
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    Quote Originally Posted by winner69 View Post
    Snap election coming up …..best chance Labour have

    Maybe even June before we know we are in a recession and employment still high
    Classic Labour trick, attempt to dodge the obvious approaching decline in the economy. They need to own the damage they have inflicted on the economy, not hide from it.

  9. #10029
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    Quote Originally Posted by ynot View Post
    Classic Labour trick, attempt to dodge the obvious approaching decline in the economy. They need to own the damage they have inflicted on the economy, not hide from it.

    Maybe you need to stop being so dismissive of the damage the Atmospheric Deluge plus the Cyclone (as well as the Covid pandemic) have had on the economy.

    Im sorry but its insulting to all those around the country who have lost their homes, their farms, their business machinery & equipment, their roads, bridges, State Highways, land washed away etc from Northland to the West Coast of the South Island. Tauranga may have escaped but so much of the rest of the country didn't, even in Auckland there is a massive amount of damage to be repaired, let alone Northland & Hawkes Bay & Tai Rawhiti, Marlborough Sounds, Nelson, West Coast.

    It's going to cost billions to fix, or do we just forget about the Coromandel, or Hawkes Bay etc because it might affect our credit rating?
    Or do we raise taxes to pay for it?
    Or do we just complain & do nothing?

    For some reason this doesn't even rate a mention in your potted appraisal of the NZ economy.

    Besides, prior to these catastrophic weather events, the NZ economy was running so hot we were one of the first countries to raise interest rates to cool it off.
    And our economy was in a much better state than most OECD countries even including Australia.
    Yes unfortunately there has been upheaval & some businesses have really struggled, but others have done really well making record profits. This always seems to be ignored.
    Last edited by Blue Skies; 18-03-2023 at 10:59 AM.

  10. #10030
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    Quote Originally Posted by Logen Ninefingers View Post
    ‘ Ratings agency Standard & Poors has warned that New Zealand’s credit rating could be reduced if the current account deficit does not improve and government interest costs rise substantially to more than 10% of revenues..’
    It’s a good thing it’s currently less than 3% of revenue.

    It was upgraded under labour after being downgraded under Sir Bill so it would only be returning to that situation.
    Last edited by Panda-NZ-; 18-03-2023 at 11:09 AM.

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