Category Archives: Money

Big business Australian Chamber of Commerce proposal to convert age pension payments into a loan – then deduct the sum from home when it is sold!


An article from Combined Pensioners & Superannuants Assn (Australia)

If big business got its way, the age pension would be a loan rather than a safety net payment …




Tax rates for our esteemed ‘public servants’ at Parliament are a joke – time for a complete overhaul

Calculated at the time of Key’s ‘leadership’ (said with tongue in cheek). The same would doubtless still apply for the current PM. Time for change. Bryan Bruce in his last doco recalled a time when Parliamentarians earned the same wage as a teacher. The higher salary (that being a vast understatement) has not brought greater accountability or better service from these public servants. We should return to the previous regime. And put them on a fair tax rate. This article from 2014 is from the


How much tax does John Key pay compared to a minimum wage worker??

By   /   August 27, 2014

Yesterday I did some calculations to find out what tax John Key pays compared to a worker on the minimum wage.

MANA Movement Economic Justice spokesperson John Minto is calling for a radical overhaul of New Zealand’s taxation system with calculations showing that a minimum wage worker pays a ten times higher tax rate than the Prime Minister.

Minimum wage worker 28% tax

Prime Minister 2.8% tax

The minimum wage worker on 40 hours per week earns $29,640 and pays $4,207 in income tax and $4,149.60 in GST giving a total tax of $8,356.60 or 28% of income.

On the other hand the Prime Minister earns $428,000 from his PM’s salary along with this year’s $5,000,000 increase in his wealth (according to NBR’s rich list) which gives him a total income of $5,428,000. On this total income he pays just $132,160 in income tax and approximately $21,400 in GST giving a total tax of $153,560 or 2.8% of income.

This is a national embarrassment. Those least able to pay are under a heavy tax burden while the super-rich pay peanuts.

The National government and its attack bloggers refer to the working poor as scum, bludgers and ferals but it’s clear the real problem is with the top 1% of income earners who get all the benefits of taxpayer funded facilities and services but don’t pull their weight paying for them.

Cleaners, fast-food workers, hospitality workers and security guards are all heavily subsidising the lifestyles of the superrich.

These figures show we need an overhaul of our tax system so the Prime Minister and his rich-list colleagues pay their fair share.



Who Runs The World And Controls The Value Of Assets?

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See other articles featuring the late Joan Veon by using the search box. She has many videos on YT also. Her insights on the New World Order / Global Governance are invaluable. This one is a must read. When I originally saved it it was on her website before she passed away. I see now it is saved on Rense. In Jeff Rense’s tribute to Joan he writes: “…Joan personally traveled to over 100 of the top meetings of the elite controllers to capture the most crucial information and present the BIG PICTURE to all who have ears to hear and who are not afraid of the truth. She is irreplaceable.”

By Joan Veon

Today, after the conversion of Iraq to the Banklords, only five countries in the world are without a central bank: Iran, North Korea, Sudan, Cuba and Libya . All of these just happen to be on George Bush’s “Evil of Axis” list.


At the January, 2006 World Economic Forum, five of the world’s most important economists bewailed the fact that they had missed the rise in oil and in gold. By May, gold had risen to $730 oz. while energy had gone over $70 bbl.

When gold stayed at $600 oz. after falling from its high in May and the oil markets reached $75 bbl., their most recent high, I asked myself what would be used to change the commodity cycle. In May we saw a 10-15% drop in the price of gold and a correction in the price of oil. Throughout the summer the market recovered with oil reaching $75bbl. While gold stocks made up some of the loss, gold bullion did not. It stayed around $600 oz. Oil today is at $60 bbl. CNBC said on September 21, “With oil down 20%, the steep decline is even confounding the experts!” Is what we are seeing indeed confounding all the experts, or is it managed and manipulated to benefit a small group of powerful insiders?

Last week, we saw once again how Wall Street changes the minds of investors. For the last ten years or so, the gas guzzling SUV has been the premier choice of vehicles for most Americans. High oil prices put both General Motors and Ford at risk, as both companies announced drastic measures and big lay-offs last week. The Ford Company, in announcing they were not going to manufacture the SUV any longer said, “The North American business model does not work.” In response to this information, a friend of mine, who just visited Italy, told me that she was surprised at the increase in the number of SUVs in Italy.

Why the huge drop in the price of oil? Wall Street would have us believe that it was the new oil reserve found in the Gulf, even though it will take 7-10 years to bring it on line. On 9/11, 2006 CNBC’s Larry Kramer forecasted that oil will never go back to $75bbl, and that it is time to buy drug stocks. A little later that same day, we were told that the rise in gold and oil, which began 9/11/01, was over. The price of gas at the pump began to drop and, according to CNBC the next day, “Consumers are feeling better, more secure, and richer over lower energy.” CNBC then went on to show SUV’s and tell us, “Maybe it is time to buy an SUV.”

The bottom line is that Wall Street and our central bank made a huge mistake by raising interest rates at the same time they increased the price of energy and they are back-peddling. What they found is that the power of the consumer to buy is gone. They are not able to put gas in their SUVs and they are not buying new ones. Furthermore, they cannot afford a new home which doubled in price as a result of 45 year low interest rates. In other words, there is a very high inventory of SUVs by all the auto dealers and home builders have at least one year of homes on the market.

Currently, gold is at $565 (9/21) and has lost over 22% in spite of the fact that the metal hit a 26 year high of $730 oz. in mid-May. Within the last two weeks, gold is down 10%, for a total drop of 20% year to date. According to one gold analyst, the central bankers began dumping gold on July 18 to keep it from rising as a result of the new Middle East War. They say that if gold had risen to $700 oz., oil would have exploded to $90bbl. Does any of this make sense? As a friend of mine would say, “What in the earth is going on?”

Perhaps, instead, we need to ask “Who is in control?” Are there natural forces that set the value of diamonds, gold, bonds, stocks, housing, farm land, etc., or are they manipulated to fill the coffers of powerful groups and individuals, as they skim off the top of the world’s asset highs? This newsletter is not an excuse for the market but hopefully will educate you about forces behind the scene.

Having spent 25 years in this business and having covered 90 global meetings over the last 12-13 years, I have observed presidents, prime ministers, kings, princes, dukes, key officials from the various United Nations organizations, CEO’s from some of the world’s most powerful corporations, economists, and others.My research and observations have led me to determine that there are a number of powerful forces that rule the world, independent of government. In fact, government is getting weaker through privatization, as it spins off assets and sells them to corporations. Just recently, Norway overthrew their Democratic Socialist government so they can privatize more of their government assets! While I personally believe the British royal family rules the world, they do not rule it alone. There are at least three actors: central banks, the power and legacy of Cecil Rhodes, and the immense financial power of the biggest international banking family, the Rothschilds. When you consider all of these, you have a three-strand cord — in other words, a strong cord that it will not break.

Central banks control the monetary system of the world and determine when business cycles are going to change simply by increasing or decreasing the money supply in the banking system. This small group of powerful insiders know when to sell high and buy low because they determine when the market cycle is going to change. What has just happened with oil and gold prices is an example of the power brokers who rule the world.

Cecil Rhodes was a British aristocrat who went down to South Africa to mine diamonds and ended up discovering gold. DeBeers Diamonds was the corporation that he founded as a result of the Anglo-Boer War. He also founded one of the largest gold companies in the world, Gold Fields.

Rhodes loved his mother country so much that he dedicated everything he had to setting up secret societies and college scholarships (Rhodes Scholars) for the furtherance of bringing the world under British rule. Rhodes said the British “are the finest race in the world and if the world were British, there would be no further wars.” (Interestingly enough, he would have to wage war against all the independent nations of the world in order for “peace” to happen.) Working closely with Rhodes in helping to finance his quest to corner the diamond and gold markets and to carry out his final vision, was his banker, Nathaniel Rothschild of the British Rothschild banking family.

I make no claim to knowing everything. We are all entitled to our opinions. The following analysis is mine, based on years of extensive research both in regard to history and to the market. Consider:

When Rhodes died, he left a series of wills in which he wanted to set up a secret “society of the just”, based on the Jesuit Society, to carry out his vision of a world united under British rule. Interestingly enough, he worked very closely with the British and French Rothschild families to finance the merger and consolidation of all the various South African diamond and gold concessions. One of his directives was to educate well selected men (and recently, women) from key colleges and universities from around the world, in the philosophy of bringing the world under British rule. These people are known as “Rhodes Scholars” and include former President Clinton and many others in government.

Regarding the power of central banks, if you will take a piece of paper money out of your wallet — any denomination — you will see these words, “Federal Reserve Note — This note is legal tender for all debts, public and private.” You might ask yourself why the paper money does not state that it is a note from the Treasury of the United States? If the Federal Reserve is not the Treasury, what is it? The Federal Reserve is a “central bank.” To put it in every day terms, it is a private corporation which claims to provide a service to the people of the United States by providing the money used in our banking system.

When America was founded, there were great and serious debates over who should control the monetary system of our new country. While President Washington was chosen by unanimous vote, he appointed a number of constitutional advisers. Secretary of State Thomas Jefferson believed in the capacity of the common people for self-government. Secretary of the Treasury Alexander Hamilton, an aristocrat by birth and breeding and connected to the Tory element of the Revolution, believed our monetary system should be like that of England’s with a private corporation — central bank (Bank of England). Washington accepted the views of Hamilton and signed a bill into law creating our first central bank (The Coming Battle, M.W. Walbert, 1899, republished 1977, 3).


ANZ Bank was the leading Australian bank in the world of offshore accounts – Panama Papers

The Panama Papers: ANZ Bank was the leading Australian bank in the world of offshore accounts; Samoan diplomat was used to help create shell companies – Samoa’s high commission in Australia couriered papers

A link to the above article is below Penny Bright’s summary here:


25 October 2017
Penny Bright

Can the International Consortium of Investigative Journalists (ICIJ) please carry out an urgent investigation of former NZ Prime Minister John Key and the Panama Papers?


It was murdered Maltese investigative journalist Daphne Caruana Galizia who exposed, via the Panama Papers how NZ foreign trusts were used as money-laundering vehicles by Maltese Politically Exposed Persons.

Malta scandal exposes New Zealand trusts again

Neil Chenoweth and Susan Edmunds

April 28 2017…/malta-scandal-exposes-new-zealand-tr…

“A Malta magistrate is investigating explosive claims of money laundering and corruption that have put New Zealand in the middle of a global cash trail from the family of Azerbaijan president Ilham Aliyev.

President Aliyev’s daughter, Leyla Aliyeva, is alleged to have channelled more than NZ$1.6 million to senior figures of the Malta government, including Prime Minister Joseph Muscat’s wife.

These include alleged payments to Panama companies owned by New Zealand trusts set up by the Malta Energy Minister Karl Mizzi and Muscat’s chief of staff, Keith Schembri.

On April 20, Maltese blogger Daphne Caruana-Galizia reported that she held copies of documents originally stored in a kitchen at Pilatus Bank, which showed that Egrant Inc, a mystery Panama Papers company identified by the Financial Review last year, was secretly owned by the Maltese Prime Minister’s wife, Michelle Muscat.

In March 2016, a Dubai company controlled by Leyla Aliyeva had transferred US$1.017 million (NZ$1.47 million) marked as a loan into Egrant’s account at Pilatus Bank, Caruana-Galizia reported.

Joseph Muscat denied the claims, calling it the “biggest political lie in Malta’s history”.

Caruana-Galizia reported that other payments were made from Leyla Aliyeva’s company to Pilatus accounts held by Egrant as well as Tillgate Inc and Hearnville Inc, two Panama companies that are owned by Schembri and Mizzi, through New Zealand trusts.

Schembri and Mizzi vehemently deny Caruana-Galizia’s reports. Mizzi has produced audited accounts for his New Zealand trust which shows it as dormant with no assets or income.

The latest revelations, if substantiated, are an embarrassment for the New Zealand government, which announced an inquiry into its offshore trust laws on April 11 last year, the day after the Financial Review revealed details of how Panama law firm Mossack Fonseca’s Malta agent, BT Nexia, began setting up Tillson, Hearnville and Egrant five days after Muscat’s election victory in 2013.

Mossack Fonseca’s files were obtained by the International Consortium of Investigative Journalists and German newspaper Süddeutsche Zeitung.

New Zealand subsequently amended its offshore trusts regime, requiring foreign trusts to file annual accounts with the New Zealand tax office, but with no further restrictions.

At that time, it appeared the Malta trusts had never been used, after Mizzi and Schembri’s Panama companies were turned down by eight banks who refused to open accounts for them because they were Politically Exposed Persons (PEPs).

The Panama Papers, however, show repeated cases of overseas investors filing false or implausible sets of accounts with New Zealand lawyers, who have limited means to verify the figures.


The latest wave of allegations in Malta underline how easily the New Zealand disclosure laws can be avoided, which the new laws do not change.

If the reports are substantiated, they raise a far more serious picture of money-laundering from one of the most corrupt countries in the world, in which New Zealand’s foreign trusts played a significant role.

The saga began in February 2016 when Caruana-Galizia revealed that Schembri and Mizzi had set up two Panama companies, Tillgate Inc and Hearnville Inc, owned by the Haast Trust and Rotorua Trust in New Zealand.

In April 2016, the Financial Review published new details of Schembri and Mizzi’s New Zealand trusts and their attempts to open a bank account in Dubai.

Two days after Daphne Caruana Galizia was murdered by this car bomb, it was announced that former NZ Prime Minister John Key would become Chair of the Board of the ANZ bank.…

“Sir John Key has been named chairman of ANZ Bank’s local arm.
Key joins the board of the country’s biggest bank from today and will assume chair at the start of next year.”

The ANZ bank was the Australian bank mentioned more times than any other bank in the Panama Papers.

ANZ leading Australian bank in the Panama Papers:…/the-panama-papers-anz-bank-was-t…


“By Neil Chenoweth
Financial Review

The Mossack Fonseca files show the critical importance that banks hold in the offshore world – and ANZ is the most visible of the Australian banks in the offshore space.

ANZ appears in 7548 of the Mossack documents, reflecting the bank’s extensive work in New Zealand, the Cook Islands, Samoa and Jersey.

On 1 August 2017, at a meeting attended by 200 people at Rutherford House, Victoria University, Wellington New Zealand, the (former) Chair of Transparency International, Jose Ugaz stated that John Key should be investigated over the Panama Papers.

I attended this meeting and heard Jose Ugaz say this myself, as did the other 200 people in the room.

There appears to have been NO NZ mainstream media coverage of this story.

Can the ICIJ please carry out an investigation of former NZ Prime Minister John Key and the Panama Papers?

Yours sincerely,

Penny Bright

‘Anti-corruption whistle-blower’.

  • Attendee: 2009 Australian Public Sector Anti-Corruption Conference.
  • Attendee: 2010 Transparency International Anti-Corruption Conference.
  • Attendee: 2013 Australian Public Sector Anti-Corruption Conference.
  • Attendee: 2014 G20 Anti-Corruption Conference.
  • Attendee: 2015 Australian Public Sector Anti-Corruption Conference.
  • Attendee: 2017 Transparency International Australia Anti-Corruption Conference.
  • Attendee: 2017 World Justice Project International Rule of Law Forum – The Hague.




John Key is making money off NZ’s growing debt


Published on May 3, 2016 Will John Key Profit From NZ Foreign Debt? MR NEWS John Key has shares in the Bank Of America, BOA loans money to the NZ government, John Key got NZ into half a trillion in debt, BOA will benefit from the TPPA New Zealand Corruption: IT’S IN YOUR FACE! Official information act reply: http://waterpressure.files.wordpress…. Link to Register of pecuniary interest… New Zealand is getting in debt to foreigners at an alarming rate, John Key owns shares in the Bank of America, is he profiting from this? Guerilla Media… Penny Bright Vinny Eastwood MR NEWS

“Trillions of dollars need to be mobilized a year by tapping into the savings of citizens around the world…” Sustainable development’s financing plan!

Ah, how the UN cares for you … so much so they want you to involuntarily give them your savings. Do any of their plans look sustainable? I’ve yet to see anything. If the sustainable environmental practices are anything to go by we’re all sunk pretty much … it’s all about profits and money courtesy of the banking cartel. Do you really trust them?
Danger: The Deputy Secretary-General, Amina Mohammed, said that “trillions of dollars need to be mobilized a year by tapping into the savings of citizens around the world…” The financing fix for Sustainable Development is revealed: simply take it from citizens’ saving accounts. Actually, if Sustainable Development is completely established in place of Capitalism/Free Enterprise, private property (including savings) will be wiped out anyway. ⁃ TN Editor

As the high-level week of the United Nations General Assembly gets underway, Secretary-General António Guterres today stressed the role of the UN to help reshape “unproductive and unrewarding” finance and redirect investment to creating a better world for all.

“The choices we make on finance will be critical,” Mr. Guterres told a special event held at the UN Headquarters in New York on financing for global development goals.

Mr. Guterres noted that the 2030 Agenda for Sustainable Development and the 17 Sustainable Development Goals (SDGs) – adopted by UN Member States in September 2015 – are a blueprint for building an inclusive, sustainable fair globalization.

“We can choose to bemoan the lack of financing for the 2030 Agenda in a world awash with so much unproductive and unrewarding finance. Or we can grasp the opportunity to reshape finance, according to our urgent, collective needs,” he said. “The choice is clear. Let us invest in the 2030 Agenda and finance a better world for all.”


12 Days Before ’08 Crash, Congress was Secretly Told to Sell Off Their Stocks

Not surprizing this information given we’ve been told for many years by notable people that economic depressions/recessions are man made. They manipulate boom and bust to fatten their bank accounts. Yet for years we’ve been led to believe they are all due to fluctuations in the market. Not even. Check out our Money Trail / Banking pages for more info on who is controlling the world with the banking industry. In my humble opinion they have much blood on their hands given all the suicides they’re responsible for. Their other arm is the media that is used to suck people in to the whole consumerism trap. Be aware and don’t go there.



Earlier this month, it was reported that less than two weeks before the economic collapse of 2008, several members of Congress took their money out of the stock market. Many high ranking government employees were given a heads-up about the impending market crash in secret meetings with the Federal Reserve and the Treasury Department. Then they used that information to engage in insider trading.

It was revealed that Senator Shelley Capito and her husband sold $350,000 worth of Citigroup stock at $83 per share, just one day before the stock dropped to $64 per share. Another shady trader was Congressman Jim Moran, who had his biggest trading day of the year days after the secret meeting, sellings stock in nearly 100 different companies.

These actions would be illegal for any American in any other circumstance, but members of Congress and high-ranking government officials are actually exempt from insider trading laws.

Years later, a 60 minutes investigation aired on television which highlighted the government’s deep history of insider trading. The investigation sparked outrage, prompting Congress to pass “the STOCK Act” which was said to hold members of the government to the same standards as any American when it came to insider trading.

However, Congress watered down the bill and changed key elements that would hold them accountable, allowing them to return to business as usual, and escape any consequences for their prior crimes.

The Lost Science of Money – Wars Are Won By Bankers, Not Armies

The Most Revolutionary Act

The Lost Science of Money: The Mythology of Money – The Story of Power

by Stephen Zarlinga

American Monetary Institute (2002)

Book Review

This book, by co-author of Congressman Dennis Kucinich’s HR 2990 to abolish the Federal Reserve (see HR2990: Historic Bill to Abolish the Federal Reserve), is one of the most amazing books I’ve ever read. At 775 pages, the lowest price I could find for a used copy was $225 from Alibris. Fortunately it’s also available in PDF format at Lost Science of Money

It’s clear from Zarlenga’s extensive documentation and footnotes that the research for this book took decades. He essentially rewrites western history dating back to the ancient Sumerians. His goal is to expose and correct all the distortions and myths introduced into official history historians in the pay of merchants and bankers. Both are fiercely committed to perpetuating our current global monetary system in…

View original post 616 more words

$2.3 mill for a banker’s advice on selling our State houses? See what else your Govt (corporation) has spent your tax money on Kiwis

Thanks to Phil Yorke for this well researched information. (For interest, I have added news links & images to some of the info, you can google any others for yourself).

“While this Government won’t do a thing to fix our housing crisis, (other than paying for beneficiaries to live in short term motels at a cost of $22 million in 7 months) we are blowing $53m to build a pavilion in Dubai to try and help the dairy industry whose product is currently polluting our rivers. Here is a refresh on what the National Govt thinks is more important than the citizens of New Zealand.

Ok, so over the last eight years what have John Key and the National Govt with the help of their supporters club (IE Maori Party, Act and Dunne) really done for the people of New Zealand?

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Panama Papers, tax havens , blind trusts, out of control immigration, the under funding of hospitals, schools and all other social services of New Zealand under the guise of privatisation.

New Zealanders unable to buy there own homes, 305,000 children and their families in poverty and rising,
Over 42,000 People homeless and on the rise,
New Zealanders living in cars – garages – sheds – caravans.

42,000 Kiwis homeless & living in garages, cars, sheds & caravans

Granting of permits for the exploration of oil and gas in our marine sanctuaries, the selling of nearly all of New Zealand’s assets, overseas investors buying up Housing – farms – islands etc of New Zealand, Saudi sheep farmer bribes, New Zealand in over $111 billion international debt, continued broken promises including the Pike River tragedy and many others to the people of New Zealand.
A water contamination crisis,
Importation of cheap steel from China,

Tppa costs we know of;  Foreign Affairs & Trade Ministry spent over $4M on travel, several ministries were involved. This excludes Grosser’s and McLay’s costs for accommodation, meals, taxis. John Campbell suggests this is only a fraction of the costs as the OIA only gave a few of the costs. $900,000 accommodation, $800,000 meals plus taxis etc. No costs are available for any other Ministry and these are only part costs for Tim Grosser’s Ministry.

I have compiled a small list researched from Newspapers and other media outlets, including Parliament TV, of what John Key and this National Govt believe are priorities over the people of New Zealand.

$260,000 Digital sign inside MBIE (Ministry of Business Innovation & Employment)
$70,000 for a sign outside MBIE.
$380,000 new furniture for MBIE.
$140,000 sundeck for MBIE.
$24,000 fridge for MBIE.
$400 for hair straighteners for MBIE.
$78,000 two doors for parliament.
$363,000 for govt agencies to watch sky tv.
$4000 for a sign for Steven Joyce opening MBIE new building.
MBIE spent $38.9 million on external contractors and consultants
$4000 for a sign Paula Bennett’s office.
$600,000 spent on flowers by National.
$1200 taxi fares.
$4000 a night in hotels.
$80,000 for Grosser’s party in Washington
$17 million paid to a US yacht club.
$11 million paid to a Saudi sheep farmer.
$30 million tax cut for Warner bros.
$30 million tax cut for Rio Tinto.
$6 Billion NOT paid By National in to NZ super fund as part of Govt’s contribution SINCE 2008.
$4 billion tax taken from New Zealand’s super fund.
$200 million invested and lost by our superfund in an overseas bank that was under investigation for fraud before the money was invested.
$2.3 million paid to a banker to give advice to HNZ on how to sell HNZ homes.
Taxpayer paying for beneficiaries to live in short term motels at a cost of $22 million in 7 months.
$700,000 in legal fees fighting a compensation case over abuse that happened in state care.
$45 million bail out media works.
$29 million Social bond program.
$45 million Nova pay.
$27 million paid for a flag referendum that 67% of New Zealanders did not want.
$1.7 Billion bail out SCF.
$200 million lost from buying junk carbon credits.
$6.2 million spent by National for a apartment for one in Hawaii.
$11 million spent by National for an apartment for one in New York.

The $11 mill apartment purchased by the NZ Govt in New York for UN representative      Photo Credit:

$86 million to produce new currency that is uncounterfeitable… which has been counterfeited!
$20 Billion NZDF.
$6.4 million spent for new BMWs for ministers.
Ever wondered what happened to asset sale money? That’s despite Finance Minister Bill English promising in 2011 that all revenue from the sales would be put in a Future Investment Fund to pay for “schools, hospitals, roads, rail and public transport”. Money used from asset sales … one big ticket item is our membership to the Asian Infrastructure Investment Bank which was funded as part of this year’s Budget and came in at a cost of $144M.
Another bank membership has also been paid for out of the fund. In 2014, the fund was used to pay $23 million for a subscription to the World Bank.
Computer programme for ministers.
Some of the cash was also splashed on the Prime Minister and Cabinet with investment into a document management project, Cabinet, which received $2.6M in 2012 and a further $1.8M in 2014 — a total of $4.4M.
Doing up Government House

In all, $500,000 was also allocated to the Prime Minister and Cabinet to be spent on a new Visitor Centre at Government House in 2012.

This is just a small part of the total failure of this National Govt in its responsibilities to the citizens of New Zealand and would be called corruption in other countries,

Researched by Phil Yorke