Stuart Nash

What is Lawrence Yule Playing At?

Local Government NZ Chairman Lawrence Yule went on the bludge trying to get government to give Local Government new ways of raising revenue.

He got soundly thumped by the Prime Minister who is politically astute enough to realise that voters are seriously pissed off with the never ending rates rises councils impose on them.

When you start following the news in Hastings, where Yule is mayor, you start to understand why he needs more revenue. First up he spent millions on the Opera House, when everyone knows the NZ public don’t want to see the opera. Unfortunately for Lawrence he didn’t work out that the Opera House was not up to earthquake specs, so it is now closed with ugly fences around it preventing entry.

Sources in the Hawkes Bay property industry say that fixing the Opera House is going to cost between $5 and $10m that the ratepayers of Hastings don’t really have. So I wonder why Yule is hell bent on building another vanity project, the Civic Square, pissing away another $7m of ratepayers money on something that no one really wants.

Typical of local government ratbags Yule is excluding the public on decisions about the civic square, and some of his councillors are up in arms about it.

Hastings District Council has been accused of “playing secret squirrel” with ratepayers’ money after a meeting about a planned Civic Square upgrade was held behind closed doors.

Councillor Simon Nixon said he was opposed to the public being excluded from yesterday’s council meeting.    Read more »

Who is Andrew Little? Ctd – Does Andrew Little have the bottle for a fight?

Andrew Little

Andrew Little has been considered the man coming in the Labour movement for a generation.

Strangely for a former student politician and unionist he is not known for having much mongrel in him. He bailed first when Judith Collins sued him and Trevor Mallard for defamation.

Labour’s politicians and activists are usually well versed in the dark arts, and know exactly how dirty politics really is because they have been in the thick of some of the most enjoyable political fights ever.

What has been strange about Andrew Little is that he has not had a great reputation for being willing to fight to get ahead. Contrary to the public story that he didn’t want to enter parliament in 2008 because of his young son, the word from inside Fraser House is that Little wanted Rimutaka when Paul Swain retired. In the murk and skullduggery that went on before that selection Little was essentially out muscled, and decided not to run.    Read more »

When it is holiday, the minor MPs will play

Stuart Nash has used the media’s thirst for content to push various messages of late, one of them being that the Overseas Investment’s Office needs to implement audits on foreigners who bought properties under the condition it would generate an economic benefit to the country.

On the surface of it, this seems entirely fair, until you think it through a little, and come to the penalty or enforcement portion:  do you take the properties off them again?   Nash, cleverly, left that unsaid.

ACT’s ex-candidate Jamie White equally brought joy to media still on holiday skeleton crews when he penned a response to Nash’s proposal.

If you want to sell your farm to a foreigner, you must get permission from the Overseas Investment Office (OIO). They usually give it. Indeed, they decline only 1.5% of requests.

According to Stuart Nash, the new Labour MP for Napier, they should decline more, because allowing foreigners to take profits out of the country is a “dead end street.”

Last week William Rolleston, president of the Federated Farmers expressed agreement with Mr Nash.

Both are confused, as was David Cunliffe and many other politicians who peddled the same idea during the election campaign.

When a foreigner buys a New Zealand business, all the expected future profits of the business come into the country in the purchase price. When the actual future profits then go out to the new owner overseas, there is no net loss.

In fact, the transaction must involve a net gain for New Zealand. By hypothesis, no New Zealander valued the future profits as high as the foreigner did. Otherwise the foreigner would not have been the highest bidder. So the amount any foreign purchaser pays for a farm or other business must exceed the present value of its future earnings to any New Zealander.

In other words, there must be a net gain to the country. And this gain is easily measured: it is the difference between what the foreigner paid and the highest bid from a Kiwi.

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Another Socialist Opposes the Dodgy Socialist Dam

Fenton "Jong-un" Wilson

Fenton “Jong-un” Wilson

A few days ago we featured Labour MP Meka Whaitiri giving her views on why the dodgy socialist dam should not go ahead.

Now another socialist has made a similar statement.

The only Labour MP to win a seat off National at the last election, Stuart Nash, has got stuck into the dodgy socialist dam. For a socialist he has some pretty sound logic.

It appears the Ruataniwha Water Storage scheme is struggling to get the support from farmers it needs to go ahead. Although I am not against this scheme in principle, I refuse to back a project of this scale that is not grounded in a sound economic base.  Read more »

Labour MP already talking tax breaks

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Instead of doing Woman’s Weekly and lifestyle pieces, or holding up some mangy ham with tongs for the local rag, Stuart Nash reminds voters that the IRD may still have some of their loot.

A significant number of hard working New Zealanders should take 10 minutes out of their holiday time to see if they are eligible for a tax refund, says Labour MP Stuart Nash.

“The IRD is holding around $750m in unclaimed tax refunds going back four years. This is money that Kiwi’s have over paid in tax that they deserve to have in their back pockets. Read more »

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Minor Winners, Ctd – Stuart Nash

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Labour was dead set useless from the time they axed Shearer and made Cunliffe leader.

They tanked to their worst election result ever, with the change in leader shedding about 8 or 9% in the polls and shutting Labour out for another three years.

Labour picked up three Maori seats, but only managed to win one seat off National.   Read more »

Boag snatch to fund Sky City blowout?

boag-grinch

There’s a new candidate for who is paying Michelle “The Boagan” Boag and her offsider Cedric “Senile” Allan for their campaign to snatch $2.1 billion in Vector shares from the people of Auckland and South Auckland to give to Lyin’ Len Brown’s council.

Whaleoil still doesn’t quite believe it but it’s overloading the tipline so here goes: The theory is it’s SkyCity casino. Here’s why it could be true.

Since Friday SkyCity has been saying it needs another $130 million from the government to build its new National Convention Centre. Or else it’ll pull out of the deal. The government has to make the SkyCity deal work because all the rest of its convention centre plan is falling apart.

Steven Joyce seems to be saying he’ll open up some of his trough but not for the full $130 million and wants Auckland ratepayers to front up with the rest.  

In a world first, everyone from Lyin’ Len to Dick Quax have lined up and told Joyce to shove it. (The one exception is Cameron “Mr Fiscal Responsibility” Brewer who sounds like he’s had too many nights in the SkyCity corporate box.) Read more »

Who is paying for the Boagan’s $2.1 BILLION snatch?

business woman with lots of money

Everyone smart is running a mile from Michelle “The Boagan” Boag’s plan to snatch $2.1 billion in Vector shares from Aucklanders and South Aucklanders to give to Lyin’ Len Brown for him to build his trainset.

But one question is still be to explored. Who is paying The Boagan, 60? And who is paying her offsider Cedric “Senile” Allan, 102?

These people don’t do anything for free. The Boagan even got Doug Myers to pay her when she was running for National Party President.

The tipline is running hot with theories. Read more »

The Boagan signs up Brian “Opinion-for-Hire” Rudman

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By now, regular readers will know all about Michelle “The Boagan” Boag’s campaign to steal $2.1 billion from the Auckland Energy Consumer Trust to give to her new friend Lyin’ Len Brown so he can build his trainset a bit earlier than planned.

But remember, this is The Boagan we’re dealing with here. Her campaign is going about as well as when she got caught videoing the Winebox Inquiry, or when she made Bill English leader of the National Party, or the Blackheart America’s Cup fiasco, or her “help” in John Banks’ mayoral campaign …

If The Boagan’s involved you don’t have to wait long for a fiasco.

And so it has happened again.

Of the original Ten Dwarfs, The Boagan recruited to her $2.1 billion snatch, it turns out some didn’t even know they were meant to be involved.

The original Ten Dwarfs were:

  1. Kim Campbell – from the Employers’ and Manufacturer’s Association
  2. Michael Barnett – from the Auckland Regional Chamber of Commerce
  3. Tony Garnier – from the Auckland Business Forum
  4. Stephen Selwood – from the NZ Council for Infrastructure Development
  5. Barney Irvine – from the Automobile Association
  6. David Aitken – from the National Road Carriers Association
  7. Heather Shotter – Committee for Auckland
  8. Cameron Pitchers – from the Campaign for Better Transport
  9. Connall Townsend – from the NZ Property Council
  10. Jeremy Sole – NZ Contractors Federation

Whaleoil’s spy at the big meeting to plan The Boagan’s campaign say as soon as they got wind of what she planned, Barney Irvine, Connall Townsend, David Aitkin and Jeremy Sole decided not even to show up.

Tony Garnier did show up but made clear he was there only to listen and wasn’t signing up to anything. Stephen Selwood turned up and spoke strongly against The Boagan’s $2.1 billion snatch.

Now the tipline is running hot with news Michael Barnett of the Auckland Chamber of Commerce had his eye off the ball and didn’t really know how he was being used by The Boagan. His board is furious. They knew nothing about the snatch.

Even the Boagan’s old winebox mates at Russell McVeagh weren’t impressed either when they found out they were being asked to unleash the legal dogs of war against AECT.    Read more »

Three years or six? Or more?

Tim Watkin has an interesting post at Pundit about the task ahead for Labour’s new leader.

He wonders whether or not they have a three year project or a six year project in front of them.

Whoever wins, Labour won’t be a charismatic party that voters will turn to as an exciting alternative to National. Instead, whoever wins will have to win back voters’ trust through being dependable, decent and speaking to the interests of the many.

‘Decent’ recalls Jim Bolger’s ‘decent society’ slogan, and Bolger would be a pretty good role model for any winner. Not a flamboyant or visionary politician, but one who knew how to win elections.

So who to vote for? For me Labour Party members will need to start by asking themselves this question: Can Labour win in 2017?

Essentially, is this a three year or six year project? Is one of those four the next Labour Prime Minister? Because that answer suggests different people.

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