Word of the day

January 15, 2020

Aculeated  – of speech or thought: pointed, incisive, keen, pungent, stinging; having or being any sharp-pointed structure; having or resembling a stinger or barb; having a slender ovipositor or sting, as the hymenopterous insects; a sharp point; armed with prickles.


Sowell says

January 15, 2020


Rural round-up

January 15, 2020

Artificial-food debate needs science, not science fiction – Keith Woodford:

In recent months I have received many emails asking if I have seen the RethinkX report  demonstrating how in ten years’ time animal proteins will have been largely replaced by artificial foods. By 2030, demand for cattle products will supposedly have fallen by 70%. At that time the global grasslands can be returned to nature.

Then this last week the emailers have been asking if I have seen George Monbiot’s report  in The Guardian on how artificial foods will replace both plant and animal foods, thereby saving the planet. According to Monbiot, this food of the future will be made in big laboratory-like factories in which the energy to drive bacterial growth-processes comes from hydrogen separated out from within water molecules.

My response to both the RethinkX and Monbiot reports is that we need more science and less science fiction when shaping the path ahead. . . 

Meat blip no crisis – Nigel Stirling:

The sudden bout of weakness in the Chinese market at the end of last year was to be expected after a rapid run-up in prices in the previous six months, meat exporters say.

Exporters reacted swiftly to a 15-20% drop across all sheep meat and beef categories in the two weeks before Christmas with cuts to schedule prices and the revaluation lower of inventories.

The sudden drop left Chinese importers scrambling to renegotiate contracts while some refused to pick containers up from the wharves. . . 

 

Kiwi carpets are going places – Annette Scott:

Innovative yarn systems showcasing the unique characteristics of New Zealand wool are putting them on planes and into offices, shops and homes around the globe.

Carrfields Primary Wool (CPWool) and NZ Yarn chief executive Colin McKenzie said the global marketing efforts of CPWool mean the humble sheep in the nearest paddock could be producing wool that is destined for some very high places around the world.

McKenzie said the innovative yarn systems of CPWool produce the unique characteristics of NZ wool that designers and customers love and that competitors find difficult, if not impossible, to replicate. 

“Our whole product innovation strategy is to purposely step off the commodity curve, to become global leaders in providing leading-edge woollen yarn for carpets and rugs.” . . 

Canyon Brewing buzzing over bee initiative:

In a corporate social responsibility initiative, Canyon Brewing is sponsoring three thriving beehives in Arthur’s Point, near Queenstown.

Bee the Change founder, Neal McAloon, has placed five apiaries (hive locations) across the district in a bid to help save the bees and grow educational awareness.

Go Orange Marketing Manager Emma Hansen says she’s thrilled Canyon Brewing is part of the initiative. . .

Pioneering settler farm and homestead placed on the market:

Oakdale is situated only a short walk or drive from the historic Puhoi village community, its legendary watering hole and within 35 minutes of central Auckland.

The farm was developed, and home built by Charles Straka (born 1870, the son of Paul Straka) more than 120 years ago, and holds a prominent place in local and New Zealand history.

Paul Straka, arrived on one of the first ships to land in New Zealand from Bohemia, the War Spirit, in 1863 as a 33 year old single man. Their emigration was fueled by tales of golden lands overseas and the promise of free land if they could pay their own passage. . . 

Missouri charmer led double life, masterminded one of the biggest frauds in farm history – Mike Hendricks:

Like all the best con artists, Randy Constant was a charmer, hard not to like.

Big hearted. Good listener. You’d never have guessed that the father of three, grandfather of five was a liar, cheat and serial philanderer who masterminded one of the biggest and longest-running frauds in the history of American agriculture.

“He was a wonderful person,” an old friend said. “He just had that other side to him.”

And then some.

“What he done shocked me to death,” said Stoutsville, Missouri, farmer John Heinecke, who did business with Constant for years. “I didn’t know he was that kind of corrupt.” . . 


Horrified finding she had to work on Christmas Day

January 15, 2020

Dairy Women’s Network’s latest Our People, Their Stories:

New to dairy farming Jess Moore was horrified when she found out she had to work on Christmas day.

“I knew nothing about dairy farming,” Jess says. “I didn’t know you milked cow’s twice a day and I only figured out you had to milk them on Christmas day in December so had to call mum and tell her we wouldn’t be home for Christmas.”

Now well entrenched and happy in the dairy industry Jess, her husband Don and their young family of two boys Harry and Lachie and daughter Violet feature as the fourth episode of the Dairy Women’s Network visual story telling project, OUR PEOPLE. THEIR STORIES.

After leaving school Don worked as a deep sea fisherman off the coast of Nelson and Jess worked in a Pharmacy until Jess said she wanted to see more of her ‘imaginary boyfriend.’ . .

 


Higher wages fewer jobs

January 15, 2020

The  increase in the minimum wage costs jobs:

Confirmation that the Government’s unbalanced minimum wage rise could cost 17,000 jobs and lump taxpayers with a $125 million bill is an alarm bell for small businesses, National’s Workplace Relations and Safety spokesperson Todd McClay says.

MBIE’s recently-released Minimum Wage Review 2019 reveals the Labour-led Government’s proposed change to $18.90 per hour on April 1 will cost the economy 6500 jobs and increase Government expenses by $62m a year, as well as drive up inflation.

Moving to a $20 an hour minimum wage by 2021, which the Government is proposing, could cost the economy 17,000 jobs and increase expenses by $125m a year.

“The minimum wage changes will see small businesses struggle more at a time when the Government should be supporting them, not working against them,” Mr McClay says.

“The Government is making it harder for small businesses to employ people, harder for them to invest in training and development, and harder for them to get ahead.

“These projections could prove to be much larger if our economy continues to slow and the labour market weakens, as it has already under the Labour-led Government.

“Everyone wants high wages for workers, which is why National increased the minimum wage every year in Government. But we believe the minimum wage should go up in a balanced way that doesn’t go too far, too fast.

Employers expect modest increases in the minimum wage but this government’s fast-tracking bigger increases is too much too quickly, at too high a cost.

“Hard-working Kiwis are already doing it tough because of the Labour-led Government’s poor policies, which are driving up the price of petrol, rent and other living costs.

“The best way to put more money in workers’ pockets is to let them keep more of what they earn. What good is raising the minimum wage if workers are being taxed to the eyeballs?”

Would tax cuts be better than increasing the minimum wage?

An orchard owner in Central Otago is rallying against minimum wage increases, arguing reducing the income tax of a portion of low-wage earners would help them more and do less harm to small businesses.

But a tax expert says it makes more sense to give low-wage earners more social support than to ‘‘tinker’’ with the tax system. . .

The business owner said she did not want to be named out of concern people might react angrily to her view the minimum wage should not be increased.

‘‘I’m all for people getting more money in their pocket.

‘‘The Government needs to look at how they can ensure lower-paid people get more in their wage packet, without damaging especially smaller companies.

‘‘What is the point of more money in a pay packet if the result of that is that it is going to cost jobs, and it gets swallowed up by higher prices for the basics, like fuel and electricity and rents and groceries?’’

Wage rises are a cost to business . If they’re not at least matched by a gain in profit businesses have to increase prices to compensate. That feeds into the economy and soon eats into any increase in pay. If people are paid more but have to pay more for goods and services they’re no better off, and if there are fewer jobs those who lose, or can’t get, a job are worse off.

She said she had a better idea of how to get more money to low-wage earners.

‘‘If they’re going to up wages all the time why don’t they bring the PAYE [rate] down?

‘‘Lower-paid people can have an immediate solid increase in their take-home packet.’’

If you follow the principle of less tax on things we want to encourage and more on things we don’t, tax cuts on wages is good. The trouble is most lower to middle income people pay little or no net tax.

Tax specialist and managing partner at Findex in Dunedin Scott Mason said he had a lot of sympathy for business owners struggling with the increasing cost of wages.

He agreed with the orchard owner the increase in minimum wages could lead to employers not hiring new staff.

‘‘They’ll defer taking an employee on for a longer period of time. Which then has a counterintuitive impact on the economy, accepting of course we’ve got pretty full employment at the moment.

But reducing the income tax low-wage earners paid was ‘‘tinkering with our overall tax settings’’.

‘‘The reality is those on minimum wage — when you take into account their tax rate and their social benefits — aren’t generally net taxpayers anyway.

‘‘We’re basically using the tax system, the people who are net taxpayers, to subsidise [low-wage earners] further.

‘‘It may or may not be right — it’s just a much wider debate is the point I’m making.’’

He said it would be a better idea to increase social welfare to help those more in need.

‘‘If you were going to use the tax system to do it, you’d be better off tinkering with the likes of Working for Families or those sorts of things rather than changing tax rates.

‘‘If you change the tax rate then it affects all taxpayers.’’

If you increase WFF it affects all taxpayers too because that’s who pays for it.

What we need is increased productivity and profits and a reduction in business taxes could help that.

That in turn could lead to sustainable growth in the economy which would, in time, lead to sustainable increases in wages.

That would be much better than wage increases by government decree which have nothing to do with the value of the work employees do, nothing to do with a businesses ability to pay that additional cost and a lot to do with job losses.

 

 

 

 

 


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