Tag Archives: Tax

“Clean green” NZ massaging the corporate electricity monopoly with an official green light to “kill solar power”

Now wouldn’t you surely want to encourage solar power? After all aren’t we CLEAN AND GREEN here in Aotearoa? Well apparently not. Again we have the Gov/Corporation comfortably in bed with its corporate mates. Like Local Govt is. They all parade around pretending they are democratically elected government bodies acting for we the people when in fact they are each corporations running on the essential maximize profit bottom line. Which is what corporations are about. However the divide is getting wider and the spin less and less credible by the day.

Think about that. Clean Green NZ wants to quash solar power? Do the math, join the dots & see just who is working for you. It’s not JK that’s for real. Remember this come election time.

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Greenpeace

From the Daily Blog

New Zealand’s electricity watchdog is not fit for purpose and is working with big energy companies to destroy the future of rooftop solar power in New Zealand, according to Greenpeace NZ.

Yesterday, the Electricity Authority (EA) ruled that a controversial move by Hawke’s Bay lines company, Unison, to charge its solar users an extra fee was not in breach of any regulations.

The ruling came on the heel of public uproar, which saw formal complaints being laid with the authority, and a petition asking it to protect solar collecting more than 30,000 signatures in just three weeks.

Greenpeace climate campaigner, Simon Boxer, says the ruling now gives lines companies throughout the country the green light to follow Unison and put a tax on solar.

“This is a blatant move by the EA to wash its hands of protecting and promoting renewable energy like solar so that it can continue to massage New Zealand’s electricity monopoly,” he says.

“It’s no secret that the EA isn’t big a fan of solar. In the past it has even publicly advised New Zealanders not to rush into installing it. By giving the nod for Unison to penalise solar, the EA is effectively attempting to kill the uptake of solar in our near future.

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The “Brilliance” of John Key

 

 

John-Key-Swimming-Pool-Metro-2006Dave Kennedy

Leaders of other conservative Government’s look at John Key’s continued popularity with envy. New Zealand’s National Government has the same agenda as most other conservative governments and yet despite New Zealand’s richest blatantly continuing to capture a greater share of the country’s wealth and government services being increasingly reduced and privatised, the Prime Minister remains popular…

John Key’s government has managed to continue the work begun by Ruth Richardson and has obviously learned from Jenny Shipley’s mistake of not ensuring public acceptance of drastic welfare change. Ruth Richardson’s Mother of All Budgets is regarded as the most significant step in dismantling our welfare state. Drastically cutting welfare benefits was a deliberate strategy to drive down wage costs. It was Richardson’s belief that maintaining unemployment at around 5% and keeping welfare payments low, workers would then be more likely to accept lower wages. Child poverty was around 8% pre 1991 but escalated to 15% by 1992. While there was some reduction under the previous Labour Government, with the introduction of the Working for Families tax credit, child poverty is now close to 30% in 2016.

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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

Australia First to Introduce a Compulsory Tax on Money Itself … a warning

This signals a warning to folks with money in the bank. Banks are not averse to trimming your accounts as they already did in Greece. That was the Open Bank Resolution (OBR). When their poor practices fail it is you the customer who tends to be paying for their mistakes. Educate yourself and be warned. Here your savings will be taxed.

“The new compulsory control is provided in the 2015 Australian budget, so that everyone who has any savings must pay taxes on their savings. The measure is expected to serve as a global test balloon for Europe and North America, who will watch for the outcome in Australia. If there is no massive resistance of Australian savers, the rest of the world should expect this outright confiscation very rapidly…”

Read the full article at http://armstrongeconomics.com/archives/30158

Other Links: http://www.naturalnews.com/049696_Australia_taxes_savings_account.html#ixzz3aGwxeL9d

Open Bank Resolution: https://envirowatchrangitikei.wordpress.com/2014/12/03/kiwi-investors-dont-realise-their-deposits-are-no-longer-guaranteed/