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23-03-2016, 11:35 AM
#9861
Originally Posted by BlackPeter
you are probably right EZ ... and fully agree that John Key didn't made a particular good figure in this saga. He just should have paid up (with his own cash) and shut up, given his undignified comments in the first place. He now comes across as thoughtless and arrogant. However - you give at the same time an amazing illustration of the famous citation from the "good book" (Matthew 7:3):
Shouldn't you worry first about Andrew Little's lack of media training, PR skills and his hapless attempts to befriend the populists no matter the moral cost (people with Chinese sounding names, foreign chefs ...)?
I quite agree BP, but of course the well-heeled National Party spin machine doesn't make too many mistakes, so the lefties have to make the most of every muck-up on the other side.
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23-03-2016, 11:36 AM
#9862
Originally Posted by westerly
Given the pathetically low interest rates the Gvt. return from this source is minimal. Savers are being shafted by the Central banks policies of quantitative easing. The elderly are more likely pursuing SKI policies.
What on earth are you on about? The Central bank do not have a policy of quantitative easing. The govt. does not provide the return from term deposits.
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23-03-2016, 01:56 PM
#9863
In Muldoon's era NZers returned home (more NZers came back then left on a permanent basis)
Every year since we have an outflow of NZers - in total the net outflow is nearly 700.000.
Must mean something - maybe a real visionary leader could change that
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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23-03-2016, 03:23 PM
#9864
Originally Posted by winner69
)
Every year since we have an outflow of NZers - in total the net outflow is nearly 700.000.
Must mean something - maybe a real visionary leader could change that
Who did you have in mind. Jesus Christ? Donald Trump? or Mr Little? Go - give us a laugh.
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23-03-2016, 04:21 PM
#9865
Originally Posted by fungus pudding
What on earth are you on about? The Central bank do not have a policy of quantitative easing. The govt. does not provide the return from term deposits.
No, they tax the return, which was what W69’s post was referring to. it is called RWT which if rates are low reduces the take. As for quantative easing, broaden your outlook,. Central bank policies does not refer to the Reserve Bank of NZ.
The world is awash with cash hence the very low interest rates.
westerly
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23-03-2016, 05:38 PM
#9866
Originally Posted by westerly
No, they tax the return, which was what W69’s post was referring to. it is called RWT which if rates are low reduces the take. As for quantative easing, broaden your outlook,. Central bank policies does not refer to the Reserve Bank of NZ.
The world is awash with cash hence the very low interest rates.
westerly
Of course they tax the return - it's income.
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23-03-2016, 06:35 PM
#9867
Agreed, so if he could, he would have let the taxpayer foot the bill.
Outrageous! And it just shows out of touch he has become.
Originally Posted by fungus pudding
I don't think so. It's because that's the parliamentary ruling.
Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.
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23-03-2016, 06:45 PM
#9868
Originally Posted by Daytr
Agreed, so if he could, he would have let the taxpayer foot the bill.
Outrageous! And it just shows out of touch he has become.
Of course. So would every politician rather than use their party's funds. For further advice - refer Mr. W. Peters.
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23-03-2016, 07:39 PM
#9869
I don't care who has done similar in the past. It was Key that as done for defamation, its he who should pay the penalty & costs.
Amazing how you think others should pay for his mistake.
Key's lucky not to be facing court on assault charges after the serial ponytail pulling saga.
Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.
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25-03-2016, 08:19 AM
#9870
Fonterra's trying another approach and asking bigger suppliers for a restating of their business case. It'll be open book costing next.
http://www.stuff.co.nz/business/7822...+25+March+2016
Meanwhile ANZ has increased its bad debt provisions, and they lend heavily into the rural sector.
It'll be interesting to see the inevitable effect on the govt's tax take, and I think plenty of provincial businesses will be doing it tough for the next year or two.
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