Wednesday, May 29, 2013

Monday, May 20, 2013

Kiwi kids are going to school hungry - can't learn when the belly is empty....

  1. Where was John key tonight on TV? Poor old Billy English trying to front on the Maori Channel. He didn't have a clue what the government was going to do about our hungry kids in school. Wait and see, said Billy. You can't legislate for this like Mana wanted, he claimed. 270,000 Kiwi kids in poverty. This is a disgusting indictment of the right wing National Party in NZ. Kids are hungry because their parents have limited money to spend on food. The rent and the power has to be paid before food!!

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Thursday, May 9, 2013

Mighty River Power share float a load of unadulterated nonsense...

English: Steam-Water separator at 100MW Mighty...
English: Steam-Water separator at 100MW Mighty River power station at Kawerau, New Zealand. (Photo credit: Wikipedia)
English: A Mighty River Power cogeneration pla...
English: A Mighty River Power cogeneration plant in the Southdown industrial suburb of Auckland City, New Zealand. (Photo credit: Wikipedia)

The Mighty River Power share float is just a load of unadulterated nonsense. Why would you pay to buy shares in a public company you already part-own as a tax payer and New Zealand citizen? It will most likely be re-nationalised in some form or another by the new left of centre Labour/ Greens government after the 2014 general elections in late 2014. Shareholders need their heads read...

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Wednesday, May 8, 2013

Greens label Key the great con-artist.. $100 million wasted on promoting Mighty River Power...

Green's co-leader Russell Norman accused John Key of being the big con-artist. National wasted $100 million dollars on promoting Mighty River Power. Only one in four actually invested in it.

Saturday, May 4, 2013

Housing NZ should not be competing against first home-buyers - they should be building new homes...

A high-density (state housing) apartment block...
A high-density (state housing) apartment block in the Auckland CBD, Auckland City, New Zealand. Looking west from Greys Avenue. (Photo credit: Wikipedia)

Housing NZ should be building new houses, rather than out-bidding first home buyers in the Auckland market, Labour says.

Labour's Phil Twyford is criticising state housing provider Housing New Zealand for out-bidding first home buyers in the hot Auckland property market.
People at the auction of a two-bedroom property in west Auckland recently were surprised when a phone bidder representing Housing New Zealand bid strongly to secure the property, the Herald on Sunday reported.
The house, with a CV of $270,000 went under the hammer for $380,000.
"Really in a tight market as we have where first home buyers are desperately struggling to get into the market and are locked out by a dire shortage of affordable housing it is nonsensical for the government to be competing against them and out-bidding them," Mr Twyford, who is Labour's Housing spokesman, told NZ Newswire.
The government should be building affordable homes, he said.
Average house prices in Auckland fell from a record high last month, snapping a three-month advance, as more properties came to market, Barfoot & Thomspon, the city's biggest realtor said on Friday.
The average sale price fell about 0.5 per cent to $643,089, having reached a record $645,928 in March, the firm said. The median price dipped 2.4 per cent to $566,000.

Acknowledgements:  NZN

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