Business

Psst, wanna save $17,000 whilst saving the planet?

In what clearly has to be the deal of a lifetime (well 20 years, anyway), a company is promising a saving of $17,000 (Ts & Cs apply) for a subscription of just $85 per month.   Newsroom reports: Quote.

New Zealanders will be able to ditch traditional power companies and “stream the sun” with an $85 a month subscription model for solar panels and storage batteries.

Solarcity, a solar power company, believe their offer will accelerate New Zealand’s goal of using 100 percent renewable energy by 2035.

Home solar systems have had some hurdles, namely due to the need for a battery to store energy for later use. Without batteries the energy collected by a solar panel can only be used during the day, when many people are at work. With batteries alone costing around $10,000 it’s put a dampener on the willingness of people to switch.

“Powering homes locally is just a lot more efficient and makes more sense. It’s 25% more efficient to power your home from your own rooftop than a lake down south.”

Solarcity say their new service, solarZero, could make powering a home greener, more affordable and end pricing disparities where a family in Kerikeri can pay 45 percent more for electricity than a family in Auckland.

The solarZero service include the panels and a Panasonic battery as well as an app to control usage and an Amazon Echo Spot connected to Alexa, which checks the systems [sic] performance and can be used to manage connected appliances. End quote.

Amazon Echo units can also be hacked to listen in on the home occupants – but that is a whole different story and hopefully the software has been updated by now. Quote.

Subscribers need to commit to a twenty-year contract and the panels and battery remain the property of Solarcity at the end of the contract. The overall subscription cost is $20,400.
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WH is a pale, stale, male who does not believe all the doom and gloom climate nonsense so enjoys generating CO2 that the plants need to grow by driving his MG.

To read my previous articles click on my name in blue.

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What Facebook, France & Fascism have in common

The initiative announced today stems from a meeting earlier this year between Zuckerberg (left) and Macron (right) | Christophe Petit Tesson/AFP via Getty Images

The desire to censor and to control the message is what Facebook, France and Fascism all have in common. Rather than address the actual problems that come with Muslim immigration, Sharia law and Islamic terrorism, Facebook and France are collaborating in typical Fascist fashion to silence those citizens who dare to express concern or to complain about the many evils of Islam.

Zuckerberg has been cracking down and banning people who post anti-Muslim comments for several years now while doing nothing about anti-Israel/anti-Christian/anti-American Facebook pages.

First, it was Germany’s Angela Merkel collaborating with Facebook. Now Macron too has decided to silence French citizens instead of protecting them from all the issues and problems that they are wanting to talk about and express their legitimate anger, fear and concerns about. quote.

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If you agree with me that’s nice, but what I really want to achieve is to make you question the status quo, look between the lines and do your own research. Do not be a passive observer in this game we call life.

You can follow me on Gab.ai 

To read my previous articles click on my name in blue.

A Transsexual Victoria’s Secret model? No thanks, I prefer my girls girly

Models from left: Taylor Hill, Jasmine Tookes, Elsa Hosk, Adriana Lima, Behati Prinsloo, and Candice Swanepoel walk the runway during the 2018 Victoria’s Secret Fashion Show in New York. Photo credit: Evan Agostini AP

It looks like someone needs to read Whaleoil a little more. After all, Explaining is Losing, it’s all here in the Whaleoil Dictionary.

A little story in Stuff piqued my interest the other day. Possibly just because it had the words Victoria’s Secret in it, but just as likely because it said some company executive was apologising for something. Here we go again I thought, what terrible non-event has happened now to cause an apology? Quote.

Victoria’s Secret chief marketing officer is apologising after he made comments explaining why transgender models shouldn’t be cast in the lingerie company’s annual fashion show.

In an interview with Vogue Thursday, Ed Razek said he didn’t think the show should include “transsexuals” because “the show is a fantasy”.

“If you’re asking if we’ve considered putting a transgender model in the show or looked at putting a plus-size model in the show, we have,” he added.

“We attempted to do a television special for plus-sizes (in 2000). No one had any interest in it, still don’t.” End quote.

Typical, a businessman gets asked a pointed question and when he replies honestly, he gets bagged for it. But then to make matters worse, he goes and jumps onto Twitter and says how sorry he is and how much he admires them! Thing is though, I reckon this just makes him look weak.

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ExPFC, ex lots of things. Husband to a great woman. Father to great kids. Traveller, teller of tall tales, wannabe capitalist property magnate. I’m a passionate user of fossil fuels, a proud Kiwi, Ford over Holden, Indy over F1, V8’s over everything else.

To read my previous articles click on my name in blue.

They can’t give Flick the flick

October 21st I wrote an article about the electricity retailer Fick and explained why I would be giving them the flick. In my case, it was because they are proud supporters of The Spinoff Politics which has recently published yet another defamatory article about Whaleoil’s editor.

Now less than a month later 2500 customers have given Fick the flick and others are desperate to leave but are unable to do so.

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If you agree with me that’s nice, but what I really want to achieve is to make you question the status quo, look between the lines and do your own research. Do not be a passive observer in this game we call life.

You can follow me on Gab.ai 

To read my previous articles click on my name in blue.

Banks are the next target for government meddling

Credit: Robert Kitchin/STUFF

The Reserve Bank has recently undertaken a review of New Zealand banking practices, with a focus on conduct and culture.  This was initiated because of issues identified with some of the major banks in Australia.  Stuff reports:  Quote: 

The head of the Reserve Bank is questioning whether New Zealand’s banks are making super-profits by under investing in areas such as protecting customers from misconduct.

In recent days three of New Zealand’s four major banks have reported profits in excess of $1 billion, with ANZ, New Zealand’s largest bank, reporting a profit of virtually $2b.  End of quote.

The big nasty banks are making a profit.  For those that have already forgotten about Freddy Mac and Fanny Mae, it’s good for banks to make a profit.  It means they are robust and their operating policies are sound. Banks that fail are not good for investors or customers.

But I digress, what did the review find about the culture of New Zealand banks?  You can read the full review here, but in summary: Quote:  

Our review found a small number of issues related to poor conduct by bank staff. Issues relating to system or process weaknesses were more commonplace. Based on these findings, conduct and culture issues do not appear to be widespread in banks in New Zealand at this point in timeEnd of quote. 

So the review found there really isn’t anything to get too excited about.

But Ms Ardern was not deterred by the facts.  Quote:

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It’s great to have a voice.

“Our lives begin to end the day we become silent about things that matter.”

– Martin Luther King

To read my previous articles click on my name in blue.

Laughing banks want more of your money

We work hard for our money and we give it to a bank for safe keeping because it’s better than stashing cash under the mattress. Though not as clever as one enterprising woman of the night who converted her hard-earned cash to gold which she melted into a gold brick and stashed in full view by painting it black and using it as a door stop.

Our money is used by banks to make them more money than we could imagine.  Quote.

 ANZ made a record $1.99 billion profit in New Zealand in the past year.

The 10-digit result is equal to almost 40 per cent of the profits made by the entire banking sector in New Zealand last year. End of quote.

The previous 2017 financial year was not shabby for New Zealand banks either.  Quote.

2017 was a good year for New Zealand banks.

KPMG’s latest Financial Institutions Performance Survey shows the country’s banks had a 7.35 per cent profit boost last year on the year before.

They made a record combined $5.19 billion in the year. End of quote.

Laughing bank image credit dreamstime.com

If you thought your money was safe in a bank, you should think again.

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The subject evoked in the collage is the debating of political issues with friends in a public place

Pablo Picasso
Glass and bottle of Suze (after 18 November 1912)
pasted paper, gouache and charcoal

To read my previous articles click on my name in blue.

More money than cents

Callaghan Innovation, the government’s cash machine, has given an Internet Bitcoin startup company $315,000. Quote.

Callaghan Innovation’s decision to fund a starry-eyed Bitcoin startup drew brutal criticism from tech professionals.

Yesterday, the Herald reported the Crown agency had provided $315,000 funding for loss-making Auckland crypto-currency startup Vimba, which wants to expand its bitcoin exchange and push into the UK.

While many have given up on bitcoin since its value against the greenback crashed from close to US$20,000 to under US$6000 in the new year, Vimba founder Sam Blackmore sees the digital currency surging 60-fold to US$600,000.

Kordia chief digital officer Aaron Olphert was less than impressed with where Callaghan is putting taxpayers’ money, posting to LinkedIn, “Please explain to me what benefit NZ gets out of chucking cash at yet another Bitcoin startup.” Read more »

WH is a pale, stale, male who does not believe all the doom and gloom climate nonsense so enjoys generating CO2 that the plants need to grow by driving his MG.

To read my previous articles click on my name in blue.

No steel or aluminium tariff exemptions for NZ

Before her resignation, Nikki Haley addressed the UN General Assembly and warned all parties that America would be a friend to those who were friendly to them. It was intended as a warning shot at those countries, such as Pakistan and Palestine (not technically a country, but you get my drift), that were taking huge amounts in aid from the US and openly disparaging them at the same time. It was a warning that was meant to be taken seriously; not just by rogue states but by everyone in the world. America has spoken. Treat us well and you will receive the same courtesy. It is plain, basic diplomacy really.

So it was a shame when Jacinda Ardern first met Donald Trump shortly after she became prime minister that she could not display at least basic manners, making sarcastic comments and then quipping to the media later that he was not quite as ‘orange’ as she had expected. It seems that, in the Trump era, it is perfectly okay to insult the president of the United States which is a situation that would not have been imaginable just two years ago.

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Accountant. Boring. Loves tax. Needs to get out more. Loves the environment, but hates the Greens. Has been called a dinosaur. Wears it with pride.

To read my previous articles click on my name in blue.

Rodney Hide on the drive for a rich pricks tax

Rodney Hide discusses the wonky thinking of the Tax Working Group as it drives towards a rich pricks tax: Quote:

In heading up the Tax Working Group Sir Michael Cullen has produced a great many reasons for taxing capital gains, including that it would help pay for future retirees, be fairer to women, and wouldn’t be a new tax.

Not one stacks up.

The problem is that for the Tax Working Group capital appears manna-like, unearned and untaxed.

That’s nonsense. Capital has to be earned and is already taxed. End quote.

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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.

Business Advisory Council is a government echo chamber

Andrea Fox at a newspaper writes about the membership of Jacinda’s latest working group – the Business Advisory Council.

You may remember that this was working group number (approximately) 1181, intended to improve business confidence. quote.

Those chosen to represent NZ Inc on the Prime Minister’s business advisory council were never going to please everyone, but whole sectors have been left out and some of the names are bemusing.

There are some respected heavyweights in the mix, but some names and industries are conspicuous by their absence and some seem plain odd choices.

Bunnings for example. It’s an Australian company. Consultancy McKinsey & Co’s Andrew Grant is another that’s perplexed. end quote.

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Accountant. Boring. Loves tax. Needs to get out more. Loves the environment, but hates the Greens. Has been called a dinosaur. Wears it with pride.

To read my previous articles click on my name in blue.