This is something else…
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Mr Joyce said he couldn’t rule out the taxpayer helping to meet part of the shortfall.
No no no!
Design improvements, a new five-star hotel and inflation have rocketed up the SkyCity convention centre’s pricetag by as much as $130 million.
And while additional gambling concessions are off the table to meet any shortfall for the building, taxpayer funding is under discussion.
SkyCity yesterday lodged its resource consent application for the centre, which it’s building in return for concessions such as extra gaming machines worth as much as $42 million a year in additional profits.
Announcing the application, SkyCity chief Nigel Morrison revealed the cost of the convention centre had jumped to between $470 million and $530 million.
The casino operator had previously estimated it would cost $402 million, which it agreed to cover in return for extending its Auckland gaming licence until 2048.
SkyCity — which reported a net profit of $123.2 million last year — is now in talks with the Government on how to fund the increased cost.
In August, SkyCity announced it had increased the scope of the project, unveiling plans for a 12-storey five-star hotel.
Private Public Partnerships are agreements where the private partner takes the risk away from the public, not the other way around. Â Read more »
Back in February the PPTA were in full panic mode, and still are, about Charter Schools in NZ.
Their recommendations and comments:
- that PPTA members should not seek to work in charter schools and should avoid all professional, sporting and cultural liaison with the sponsors, managers and employees of said schools
– that the five New Zealand charter schools are simply “useful idiots”
The PPTA exec must have wept when the new schools attracted staff and must be apoplectic when schools like Vanguard Military School and South Auckland Middle School generated quality ERO reports (not a bad effort for “useful idiots”).
For kids who need choice this is clearly good news (a point lost on teacher unions) and there seems better to come. The new Middle School in West Auckland recently announced their leadership and highly academic intent.
James Haggett has been appointed Principal of West Aucklandâ€™s newest school, Middle School West Auckland, opening in February 2015.
The new school, based at 4341 Great North Rd in Glendene, is for boys and girls in Years 7-10.
Mr Haggett brings experience in two educational examination systems (NCEA and Cambridge), as well as the context of teaching in both the UK and New Zealand.
â€śI am delighted to lead the establishment of Middle School West Auckland. I identify strongly with the absolute academic drive of the school.
â€śMy experience in the secondary school sector will be useful to ensuring our students are well prepared and transition effectively to the high schools of their choice.â€ť
Mr Haggettâ€™s early teaching career was in low socio-economic schools in the UK. Emigrating to New Zealand seven years ago, he was the Deputy Headmaster in charge of Curriculum at St Peters College, a Catholic secondary school for boys. In addition, he has operated an education consultancy, tutoring students to Excellence level.
In the NBR Rodney Hide does what no mainstream journalist apparently bothered to do, actually read the co-called report by the OECD into the economy.
Andrew Little and Russel Norman were involved donkey deep in slamming the government over the “report”, but it appears they didn’t read it either.
Rodney Hide did however.
[W]hat a proposition! That inequality hampers growth.
It sounds nonsense, but is it? I thought on your behalf, dear readers, I should wrap a wet towel around my head and find out.
The first thing I noted was that itâ€™s not an official OECD report. Itâ€™s a working paper. â€śThe opinions expressed and arguments employed are those of the author.â€ť â€śOECD Working Papers should not be reported as representing the official views of the OECD.â€ť
Ok so not a report at all, just a working paper from some womble.
The study itself starts badly saying itâ€™s not known whether inequality has a positive or negative effect or whether it has any effect at all. The author has no theory. There is no testable hypothesis.
Undaunted, he dives into 40 years of data across 31 countries. His trusty computer and statistical package grinds away.
Aha, out spits a result. Itâ€™s significant! But it makes no sense. Especially the bits that didnâ€™t make news.
I tried to run this as an important story about an MP breaking the law at the time, but the media were so pre-occupied with their own little games, it allowed Winston Peters to duck quite the controversy. Â It may have earned him a few percentage points for the final party vote.
Former NZ First MPÂ AsenatiÂ Lole-Taylor inappropriately accessed the criminalÂ records of a former party official, the Department of Corrections has confirmed.
Dennis Taylor, her husband, lost his job last month after an investigation found he looked up historic convictions of NZ First’s former director andÂ ManaÂ electorate chairwomanÂ MariseÂ Bishop.
Now, in a letter to Bishop, Corrections has revealed the investigation foundÂ Lole-Taylor, who was a rehabilitationÂ and reintegration services adviser at the time, also broke the rules.
But because she quit Corrections after becoming a list MP in 2011, they can take no action. Read more »
iPhones and iPads are the favoured toys of the political left. Â Wrongly Wrongson even made it a condition of writing a political strategic plan for Kim Dotcom.
The Greens, who are against everything, except if it affects convenience like air travel, or iPhones, are deliciously inconsistent when it comes to this. Â Where are the protests outside of Harvey Norman calling for all Apple products to be boycotted?