Older voters not buying Labour’s bribe

August 15, 2014

Labour support is at a new low:

The Stuff.co.nz/Ipsos Political Poll has National on 55.10 per cent, virtually unchanged from July, while Labour has sunk to 22.5, down 2.4 percentage points.

Click here to see full graphics

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The poll, of at least 1,000 New Zealand residents who are eligible to vote, is a kick in the guts to Labour, which has steadily bled support since this time last year.  On today’s numbers it would lose five MPs to just 29, putting even some senior front bench MPs at risk.  

National would comfortably govern alone with 72 seats. The Greens are on 11.3 per cent while Internet-Mana’s higher profile has lifted its support to 2.1 per cent. A surprise mover are the Conservatives, which have jumped to 3.4 per cent, level pegging with NZ First. . .

 

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The left block is down, even with Internet Mana. It is taking radical support from within the left and scaring more reasonable people away from it.

Kelvin Davis wouldn’t have a chance on the list at this low level of support for Labour which will intensify his efforts in Te Tai Tokerau.

Ironically it’s David Cunliffe’s yeah-nahing about working with Internet Mana which is damaging Labour. His failure to match his verbal support for Davis over Hone Harawira  is damaging not just the Labour candidate but the party.

The poll was taken from last Saturday until yesterday, so most people were contacted after Labour’s campaign launch and the announcement of free GP visits to people aged 65 and older.

Kiwiblog has the breakdown of respondents supporting Labour :

Labour’s support by demographic is:

  • Men 18%
  • Women 27%
  • Auckland 25%
  • Upper NI 16%
  • Wellington 23%
  • Lower NI 30%
  • Canterbury 14%
  • SI 27%
  • Under 30s 26%
  • 30 to 44 25%
  • 45 to 64 21%
  • 65+ 19%

It is reassuring to see that the older people that Labour is trying to woo have more sense than the party and aren’t buying its bribe.

P.S. I was phoned for the poll but they had already met their quote for my age and location.


Breaking debt cycle

August 15, 2014

Social Development Minister Paula Bennett has launched a Community Finance pilot scheme  which will give people a safe alternative to loan sharks:

“Community Finance will help people with borrowing for assets they need for employment, education and a better quality of life,” says Mrs Bennett.

“This is another way we are helping families to help themselves become financially independent, by offering sustainable borrowing that avoids spiralling debt.”

“Community Finance is an excellent public-private partnership between the Bank of New Zealand, Good Shepherd New Zealand, The Salvation Army, and the Ministry of Social Development.

“Together, our aim is to help low-income families and individuals build up their asset base and achieve greater financial knowledge and skills.  Too many people on low incomes feel they have no other option but to borrow from unethical lenders who overinflate their prices and charge exorbitant interest.

“The first Community Finance product is StepUP loans for cars and other goods and services, which are now available to people on low incomes in Manukau City and Waitakere.

“The Bank of New Zealand-backed loans offer good discounts from market interest rates.  They are also free of traps such as fees (often hidden in the small print) and savage penalties which other, less ethical, lenders charge.

“The scheme has begun with a one-year pilot in South and West Auckland with the Ministry of Social Development contributing to the running costs of the not-for-profit organisations that provide the backbone and borrower support roles.  No Government capital will be loaned directly to borrowers.

“People can apply for the loans through the two local branches of The Salvation Army and borrowers will be supported over the lifetime of the loans with financial education,” says Mrs Bennett.

Even the best budgeters can be faced with unexpected expenses and the poorer you are the more difficult it is to cope with them.

This makes poor people vulnerable to loan sharks to exploit those least able to cope with the exorbitant interest rates they charge.

StepUP loans and the support that comes with them will help those in most need without saddling them with high interest rates.


Prudence best recipe for sustainability

August 15, 2014

Trans Tasman previews next weeks PREFU:

. . . What the PREFU will highlight are Treasury forecasts on economic growth remaining robust, but “normalising” after the dairy boom last season, and on fiscal surpluses thinner than those set out in the budget.

There’s no windfall in revenue as there was in 2005 when the Govt of the day, caught by surprise, scrambled to splash out big spending programmes like Working for Families. The economic situation NZ finds itself in during this cycle is very different. Then credit growth was running at around 10%, compared with 4% now, inflation was high, and consumption was fuelled by rampant debt. This time round, the Reserve Bank Governor Graeme Wheeler jumped in early, and has got the surge in house prices under control. Inflation is subdued, wage growth is only moderate, productivity is rising, households are keeping their spending in check, and corporate balance sheets are in good shape. 

So the cycle this time will have a flatter, steadier profile, but growth will be at a sustainable pace, lasting longer. The economy is growing another “leg,” with hi-tech exports rising exponentially. For the Govt, the aim is to keep the economy running on a smooth, upward trajectory. Its eyes are on winning not just this election, but in 2017 as well. For this to be achieved, it has to deliver rising standards of living through the whole cycle. It can’t yet risk another boom-bust, of the kind which has dogged NZ over the last half century, if is to capitalise on the reputation it has sought to nurture of being the most prudent economic managers the country has had in the modern era. . .

The improving outlook for the country has been hard-won and is a result of careful management.

The expected outlook for growth at a sustainable pace and lasting longer is encouraging but it’s not assured.

We know what a National-led government has achieved and can be confident they will continue with the same prudent recipe to ensure that growth is sustainable

A prospect of a weak Labour Party leading a coalition propped up by the Green, New Zealand First and Internet Mana Parties gives no cause for confidence.

Policies announced so far are repeating the failed recipe of the past based on the toxic ingredients of  higher taxing, higher spending.


August 15 in history

August 15, 2014

778 The Battle of Roncevaux Pass, at which Roland was killed.

927 The Saracens conquered and destroy Taranto.

982  Holy Roman Emperor Otto II was defeated by the Saracens in the battle of Capo Colonna.

1018 Byzantine general Eustathios Daphnomeles blinded and captured Ibatzes of Bulgaria by a ruse, ending Bulgarian resistance against Emperor Basil II’s conquest of Bulgaria.

1040  King Duncan I was killed in battle against his first cousin and rival Macbeth.

1057  King Macbeth was killed at the Battle of Lumphanan by the forces of Máel Coluim mac Donnchada.

1185  The cave city of Vardzia was consecrated by Queen Tamar of Georgia.

1248  The foundation stone of Cologne Cathedral, built to house the relics of the Three Wise Men, was laid.

1261 Michael VIII Palaeologus was crowned Byzantine emperor.

1309  The city of Rhodes surrendered to the forces of the Knights of St. John, completing their conquest of Rhodes. The knights establish their headquarters on the island and renamed themselves the Knights of Rhodes.

1461 The Empire of Trebizond surrendered to the forces of Sultan Mehmet II – regarded by some historians as the real end of the Byzantine Empire. Emperor David was exiled.

1534 Saint Ignatius of Loyola and six classmates took initial vows, leading to the creation of the Society of Jesus in September 1540.

1599  Nine Years War: Battle of Curlew Pass – Irish forces led by Hugh Roe O’Donnell successfully ambushed English forces, led by Sir Conyers Clifford, sent to relieve Collooney Castle.

1760  Seven Years’ War: Battle of Liegnitz – Frederick the Great’s victory over the Austrians under Ernst von Laudon.

1769  Napoleon Bonaparte, Emperor of France, was born (d. 1821).

1771  Sir Walter Scott, Scottish novelist and poet, was born (d. 1832).

1824 Freed American slaves founded Liberia.

1843  The Cathedral of Our Lady of Peace in Honolulu, Hawaii was dedicated.

1843  Tivoli Gardens amusement park  opened in Copenhagen.

1869  Henrietta Vinton Davis, American elocutionist, was born (d. 1941).

1863 The Anglo-Satsuma War began between the Satsuma Domain of Japan and the United Kingdom.

1875 Samuel Taylor-Coleridge, English composer, was born (d. 1912).

1893 Leslie Comrie, New Zealand astronomer and computing pioneer, was born (d. 1950).

1907 Ordination in Constantinople of Fr. Raphael Morgan, first African-American Orthodox priest, “Priest-Apostolic” to America and the West Indies.

1909  A group of mid-level Greek Army officers launched the Goudi coup, seeking wide-ranging reforms.

1912  Julia Child, American cook (d. 2004)

1912 – Dame Wendy Hiller, English actress (d. 2003).

1914  Julian Carlton, servant of American architect Frank Lloyd Wright, set fire to the living quarters of the architect’s home, Taliesin, and  mudered seven people.

1914 The Panama Canal opened to traffic with the transit of the cargo ship Ancon.

1924 Robert Bolt, English playwright and screenwriter, was born (d. 1995).

1935 Will Rogers and Wiley Post were killed after their aircraft develops engine problems during takeoff.

1939  13 Stukas dived into the ground during a disastrous air-practice at Neuhammer.

1940  An Italian submarine torpedoed and sank the Greek cruiser Elli at Tinos harbour, marking the most serious Italian provocation prior to the outbreak of the Greco-Italian War in October.

1941  Corporal Josef Jakobs was executed by firing squad at the Tower of London making him the last person to be executed at the Tower for treason.

1942  Operation Pedestal – The SS Ohio reached the island of Malta barely afloat carrying vital fuel supplies for the island’s defenses.

1944 : Operation Dragoon – Allied forces landed in southern France.

1945  Victory over Japan Day – Japan surrendered.

In New Zealand VJ Day was celebrated. Sirens immediately sounded, a national ceremony was held, and the local celebrations followed.

The war is over!  VJ Day

1945 – World War II: Korean Liberation Day.

1947  India gained independence from the United Kingdom and becomes an independent nation within the Commonwealth.

1947 – Founder of Pakistan, Muhammad Ali Jinnah was sworn in as first Governor General of Pakistan at Karachi.

1948 The Republic of Korea was established south of the 38th parallel north.

1950 Princess Anne, Princess Royal, was born.

1951 The troop ship Wahine  was wrecked en route to the Korean War.

Troop ship Wahine wrecked en route to Korean War

1954 Stieg Larsson, Swedish writer, was born (d. 2004).

1954 Alfredo Stroessner began his dictatorship in Paraguay.

1952 A flashflood in Lynmouth,Devon, killed 34 people.

1960  Republic of the Congo (Brazzaville) became independent from France.

1961Conrad Schumann fled from East Germany while on duty guarding the construction of the Berlin Wall.

1962  James Joseph Dresnok defected to the Democratic People’s Republic of Korea after running across the Korean DMZ.

1963 Execution of Henry John Burnett, the last man to be hanged in Scotland.

1963  President Fulbert Youlou was overthrown in the Republic of Congo, after a three-day uprising in the capital.

1965 – The Beatles played to nearly 60,000 fans at Shea Stadium in New York City, in an event later seen as marking the birth of stadium rock.

1968  40,000 people protested in Mexico City against repression.

1969 The Woodstock Music and Art Festival opened.

1971  President Richard Nixon completed the break from the gold standard by ending convertibility of the United States dollar into gold by foreign investors.

1972 Ben Affleck, American actor, was born.

1973 Vietnam War: The United States bombing of Cambodia ended.

1974  Yuk Young-soo, First Lady of South Korea, was killed during an apparent assassination attempt on President Park Chung-hee.

1975  Bangladesh’s founder Sheikh Mujibur Rehman and most members of his family were killed during a military coup.

1975 Miki Takeo made the first official pilgrimage to Yasukuni Shrine by an incumbent prime minister on the anniversary of the end of World War II.

1977  The Big Ear, a radio telescope operated by Ohio State University received a radio signal from deep space; the event is named the “Wow! signal” from the notation made by a volunteer on the project.

1984 The PKK in Turkey started a campaign of armed attacks upon the Turkish military

1998  Omagh bomb in Northern Ireland, the worst terrorist incident of The Troubles.

1999  Beni Ounif massacre in Algeria; some 29 people were killed at a false roadblock near the Moroccan border.

2007  An 8.0-magnitude earthquake off the Pacific coast devastated Ica and various regions of Peru killing 514 and injuring 1,090.

2013 – At least 27 people were killed and 226 injured in an explosion in southern Beirut near a complex used by Lebanon’s militant group Hezbollah in Lebanon. A previously unknown Syrian Sunni group claimed responsibility in an online video.

2013 – The Smithsonian announced the discovery of the olinguito, the first new carnivoran species found in the Americas in 35 years.

 

Sourced from NZ History Online & Wikipedia


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