Tag Archives: Business

$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.

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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.

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

$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
EnvirowatchRangitikei
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Is Local Government in New Zealand Corrupt?

This is right on topic and worth a re-visit in light of recent goings on around the country. We as a nation have adopted such a time worn clean green image, it doesn’t occur to many that the reality of the image died long ago, especially with only 40% of our rivers now clean enough to swim in. The clean and green has spilled over long ago into every area of our lives to the extent most Kiwis wouldn’t dream of believing corporations lie to us. Invited over a year ago to speak to a group of senior cits about Smart Meters (aka here as Advanced Meters) my information was greeted in some corners with snickers and whispers. We are a very trusting nation, particularly that generation. That was great three and four decades ago. It isn’t any more. If you are that trusting now you are fair game and seen as simply a sucker. I watch with angst as I see it played out before me … the elderly treated as cash cows by enterprising and unscrupulous business people, and particularly real estate agents. If you’re snickering now please go and watch The Corporation documentary (halfway down the ‘Corporations’ page). That will make you stop. Not to get off topic here (I could say much more but I won’t) … our District Councils have come under much scrutiny of late with many particularly savvy people holding them to the lip service they tend to pay on their websites. Check out our Local Government Watch pages on the site menu for some of the happenings around your country Kiwis. All is not as good as many believe. Listen to the story of the man in Rodney who exposed the corruption in his District Council. He lost his home and business. Certain ones will deal to those who rock the boat it seems.

The following article is from the Whale Oil blog and raises some important data to ponder on.
EnvirowatchRangitikei


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by Cameron Slater on August 21, 2015 
With three officers from Auckland Council CCO – Auckland Transport – now set to go on trial for bribery it is a convenient opportunity to raise the issue of corruption in local authorities.

Most ordinary citizens have no idea that corruption is rife. But there are varying types of corrupt behaviour and unless one is familiar with the law they can be overlooked.

Two of the most common forms of corruption occur so often you think it’s normal.

These two particular forms of corruption do not result in personal gain – such as back pocketing cash. But they do result in breaking the law, and they happen daily.

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The first is ‘malfeasance’ and the second is ‘misfeasance’.

Both are the abuse of authority – or the position of authority.

These generally occur by breaking the rule of law. In NZ the laws that generally govern Local Government are the LGA (Local Government Act) and the RMA (Resource Management Act). Some other laws like the Public Works Act are part and parcel as well.

Breaking the law for ordinary citizens results in penalties. If caught it can do the same for those in local government but nobody is policing them so nothing happens.

READ MORE

http://www.whaleoil.co.nz/2015/08/is-local-government-in-new-zealand-corrupt/

Corporations – Sucking our Planet Dry

A corporation has been defined as “… a business structure whose sole reason for existence is the earning of profits by manufacturing products for as little as possible and selling them for as much as possible. It does not matter whether the product does good or evil; what counts is that it be consumed – in ever-increasing quantities”.

(Note: therein lies the root of our whole recycling problem … think of all the packaging that goes with those products … plastic wrapping, meat trays,  polystyrene and plastic bottles just for starters).

corporate rip offs

Giant multinational corporations have become society’s most dominant institution. As a student of social policy in the early 1980s I well recall being  told there would come a day when corporations would control governments … difficult at the time to conceive of … nevertheless this is exactly what has happened. It was difficult to conceive because it was an era when unemployment was low, benefits for the few who required them were at a livable level and education was relatively free. We were a welfare state. That has changed for we were sharply reminded we were a capitalist welfare state.

READ MORE

See our Corporations sub pages at the menu for more info & links, &/or search categories (at left of any page) for further related articles.

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EnvirowatchRangitikei

KiwiSaver accounts missing millions


piggy-bank-967181_1280Tens of thousands of workers are missing millions of dollars from their KiwiSaver accounts because their employers have failed to either pass on payments docked from their pay, or pay their own employer contributions.

Figures obtained by RNZ News show Inland Revenue is chasing thousands of employers for $29.3 million in outstanding payments and penalties that have accumulated since the retirement savings scheme was launched in 2007.

At the end of June 2015, 1663 employers had failed to pass on $15.3m in KiwiSaver payments deducted from their employees’ own salaries to the IRD.

These deductions were government guaranteed so workers would eventually get the money.

But since 2007, 2210 employers had failed to pay $10.6m in KiwiSaver contributions to 46,154 employees.

Businesses are legally required to pay 3 percent of an employee’s gross salary towards their KiwiSaver.

IRD collections manager David Udy said the vast majority of the businesses that had failed to pay were small and employed between three and five staff.

READ MORE: http://www.radionz.co.nz/news/national/297165/kiwisaver-accounts-missing-millions

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The Kiwi Saver Scam Finally Comes Home To Roost.

A Goldman Sachs-organised, ‘risk-free’ loan of $200 mill Kiwi Savers’ funds is now LOST after the bank collapses – still trust your government?

The Serious Fraud Squad Should Investigate John Key and Merrill Lynch’s Involvement With the Cullen Fund!

John Key confesses to his role in destroying the global economy on breakfast TV

Does John Key personally profit from NZ’s growing indebtedness? Hear him explaining his shares with the Bank of America – the bank that’s ‘too crooked to fail’

John Key is a shareholder in the Bank of America – Major conflict of interest with the TPPA