Herald Bombs

Apparently mortgagee sales have jumped…if you believe a newspaper

A newspaper has a telling headline this morning: “Mortgagee sales jump as economy starts to come off boil”.

But have they? The writer is clearly showing his inherent bias in the opening paragraphs.

The number of mortgagee sales has jumped nationwide in the past quarter as worsening economic conditions and lower dairy payouts hit parts of provincial New Zealand.

But as the nation’s “rock star” economy comes off the boil, experts are warning of more foreclosures outside Auckland’s surging property market as financially strapped homeowners in regional New Zealand start defaulting on their mortgages.

“People lose interest in their properties, they lose interest in their lives and the bank senses that, and that’s when you have distressed sales,” Harcourts agent and mortgagee specialist David Savery said.

Nearly 150 people lost their homes in distressed sales in the three months to June 30, compared with just 95 in the first quarter – a jump of more than 50 per cent – CoreLogic figures provided exclusively to the Herald show.

In the year to June nearly 700 Kiwi homeowners lost their properties – 84 of them in Auckland. Though the annual figures were down on previous years, foreclosure numbers appear to be plateauing again after a period of sustained falls.

Five of the nation’s 14 regions recorded a jump in forced sales in the past 12 months: Hawkes Bay (47), Otago (31), Southland (27), Tasman-Nelson-Marlborough (22) and West Coast (16).

Waikato had the most (117), followed by Manawatu-Wanganui (90), Auckland (84) and Wellington (76).

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Judith Collins has quit as a Member of Parliament

adqsaeqe

She’s kept that quiet.  Even from me.   Wonder if John Key knows?

But it must be true.  It’s in the NZ Herald.  And they wouldn’t lie, would they?   Aren’t they New Zealand’s paper of record?

You have to wonder if they actually care

The NZ Herald is arse.

They can’t even get simple things right.

heradlbomb Read more »

Oh OK, here’s some more Herald Bombs

Pete said in the comments the other day that I was hopeful of no more Herald Bomb posts for the year.

Sigh.

He was right.

shocked Read more »

One last set of Herald Bombs to end the year with

It seems the NZ Herald jut can’t get anything right, not even simple stuff like dates.jan2 Read more »

Meh, close enough

From the dead tree version of the Herald today

unnamed-1

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Who’s the Jackass now then?

This is the NZ Herald front page today.

getimage

Unfortunately the lead story photograph is NOT a picture of Kiwi soldier Guy Boyland.

It is in fact a photo of deceased Jackass actor Ryan Dunn!

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I think the NZ Herald is really, really struggling with the whole digital media idea

 

The NZ Herald is really, really struggling with transition to digital environment.

This is obviously the NZ Herald’s desperate attempt to move their print version to digital.

Old media

Oh dear lord.

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Wasps? Bees? Oh who cares they are both yellow and black

The Herald really out did itself yesterday.

They had a story about a wasp attack, headlined about bees, and capped it all off with stock photo of bees.

bees-wasps Read more »

Tagged:

NZ Herald recommissions a US aircraft carrier!

The Herald wrote this:

“Chinese warships are rapidly gaining new potency through advanced technology. This month a Song class diesel-electric attack submarine slipped past screening US warships to surface within striking range of the aircraft carrier USS Kittyhawk. That set the alarm bells ringing”.

Here is a screenshot in case they change it.

HERALD BOMB: Cut paste job from Wikipedia?

HERALD BOMB: Cut paste job from Wikipedia?

Someone else has noticed:

Here is the US Naval Department media release:

The aircraft carrier USS Kitty Hawk (CV 63) was decommissioned May 12 at Puget Sound Naval Shipyard & Intermediate Maintenance Facility in Bremerton, Wash., after more than 48 years of service.  Read more »