Word of the day

November 25, 2012

Trammel– to hinder or restrain; to enmesh in or as if in a fishing net; restriction or impediment to someone’s activity, expression, freedom of action or progress; a vertically set fishing net of three layers, consisting of a finely meshed net between two nets of coarse mesh; an instrument for describing ellipses; an instrument for gauging and adjusting parts of a machine; a tram; an arrangement of links and a hook in a fireplace for raising and lowering a kettle; a shackle used to teach a horse to amble.


November 25, 2012

I enjoy her singing and her rags to riches story but obviously don’t pay enough attention – just 3/10 in Stuff’s quiz about Susan Boyle.


November 25, 2012

Just 5/10 in Stuff’s Biz Quiz.

There is an i in team

November 25, 2012

Thinking of the past week in politics:

Hat tip: Smile Project

Plus ça change

November 25, 2012

A new study shows young people don’t become less of a burden on their parents domestically as they get older:

. . . The study from the University of NSW shows young adults are riding the gravy train at their parents’ homes and relying heavily on their mothers to do the housework.

Associate Professor Lyn Craig and Dr Abigail Powell used data from the Australian Bureau of Statistics to compare the domestic work done by 5512 people aged between 15 and 34 living at home with that of their parents.

It found 97 per cent of mothers did daily housework, compared with 81 per cent of fathers.

Young women, at 74 per cent, contributed far more than young males, with only 54 per cent of them helping out with household chores.

Young men did seem to start pulling a bit more of their weight once they turned 25.  . .

Plus ça change . . .

Although one difference with this generation of young people is that they are staying at home longer.

But the story doesn’t say whether the parents are working outside the home when doing the domestic work for an adult family would be far more demanding than if they weren’t.

Nor does it say whether the parents are willingly looking after their offspring while they study and get established in their careers or if they feel imposed upon.

However, for their own sakes and that of their offspring and the people they might live with in the future, parents have a responsibility to ensure their children are house trained.

The younger that starts the easier it is for everyone.

Farmers in Fonterra for long haul

November 25, 2012

Friends of Fonterra have shown strong interest in buying investment units in the company.

In an email to shareholders Sir Henry van der Heyden says that more than 2,500 people have applied to buy Units under the Friends of Fonterra offer.

o Nearly 900 farmer shareholders
o Nearly 200 sharemilkers
o About 70 retired farmers
o More than 1,300 staff
• Further 260 Australian dairy farmer suppliers also applied for Units

Only about 260 farmers offered to sell Economic Rights of around 5.5 million shares into the fund which means the board will top up the fund to $500m.

This shows that farmers have faith in the company, are with it for the long run and have confidence that they’ve more to gain by holding on to their shares than the short-term profit from selling them.


Focus for economically bewildered

November 25, 2012

The fledging NZ Rural Party is no more.

It’s changed its name to Focus New Zealand.

The organisers have correctly worked out there’s not enough votes for a rural party but the name change is unlikely to give them any more traction.

There are already several parties outside parliament and all those in opposition which provide a focus for the disgruntled and economically bewildered.

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