Good news x 2

20/04/2015

Annual inflation is close to zero:

Cheap petrol has driven down the cost of living in the first three months of the year, pushing the annual inflation rate to a 15-year low.

The Consumers Price Index, a measure of inflation, declined by 0.3 per cent in the March quarter, Statistics New Zealand figures show. . .

Inflation erodes the real value of investments, the only good inflation is low inflation.

And another piece of good news Team New Zealand won’t receive any more public funding:

. . . Prime Minister John Key told TV ONE’s Breakfast this morning “I think it means the end of the road for any more government funding”.

“Realistically for us to get value there needed to be exposure for the America’s Cup team, there will be some obviously in Bermuda, but we think in our assessments it’s significantly reduced if the event is not hosted, in some way, in New Zealand.”

He said it would be “very difficult” to get the public to favour more tax payer dollars being sunk into Team New Zealand. . . .

More than  difficult, it would be  all but impossible to convince people that funding what most regard as a rich man’s sport and a team which appears to be dysfunctional would be good news of public funds.


Politics Daily

14/06/2014

This is an attempt to replace Dr Bryce Edwards’ daily political round-up while he’s taking a break. I’m not pretending to be balanced. While I link to a range of news stories, the blogs I link to are usually from the centre to the bluer end of the political spectrum or the more reasonable or witty bits of the pink to red end. You’re welcome to leave links to other news and blogs in comments.

Election

David Farrar @ Kiwiblog –

Brook Sabin @ TV3 – Paul Goldsmith ‘concentrating on party votes’

Inventory 2 @ Keeping Stock – What the 2014 General Election is all about…

Hamish Rutherford @ Stuff – Bays may be Craig’s best hope of a seat

Cameron Slater @ Whale Oil – With friends like the Conservative Party, who needs enemies?

Cameron Slater @ Whale Oil – No cup of tea needed – ACT gifted Epsom

Pete George @ YourNZ – Key on possible election alliances

Cameron Slater @ Whale Oil – So, the whole police force will vote National, that much is clear

Cameron Slater @ Whale Oil – In business? Hate provisional tax? Vote National

Pete George @ YourNZ – Three MPs for Te Tai Tokerau?

Lindsay Mitchell – Red Alert not so alert

John Armstrong @ NZ Herald – Key’s big treble gamble

Fran O’Sullivan @ NZ Herald – PM must think on what really matters

Trade

Wayne Mapp @ Pundit – Free Trade – the end of the cosy arrangement?

Beehive

Nikki Kay – Support for young environmental leaders

Jo Good hew – Protecting your future made easier

Team NZ

Dana Johannsen @ NZ Herald – Team NZ sailing close to wind: Joyce

David FaRRAR @ Kiwiblog – The Government should say no to more money for Team NZ

Cameron Slater @ Whale Oil – “Sail for the Dole” scheme running out of money

Inventory 2 @ Keeping Stock – Enough is enough

Inventory 2 @ Keeping Stock – Dalton’s audition for a Tui ad

Labour

Chris Trotter @ Bowalley Road – Gut Reactions

Waikato Times – Hipkins misses the mark

Inventory 2 @ Keeping Stock – The Waikato Times on Hipkins’ “epic fail”

David Farrar @ Kiwiblog – A rare letter from the Chief District Court Judge

Inventory 2 @ Keeping Stock – No by-election for Epsom

David Farrar @ Kiwiblog – Cunliffe on Iraq

Cameron Slater @ Whale Oil – Another David Cunliffe “on the hoof” policy revealed

Valedictories

NZ Herald – Keep farewell speeches for deserving MPs only

David Farrar @ Kiwiblog – A silly editorial

Cameron Slater @ Whale Oil – One of the, erm, dumber Herald editorials?

Local Government

Cameron Slater @ Whale Oil – Adams muscles up, rips up Len’s unitary plan

Other

Inventory 2 @ Keeping Stock – Wally of the Week – 13 June 2014

Inventory 2 @ Keeping Stock – Quote of the Day – 13 June 2014

David Farrar @ Kiwiblog – Maybe Lyons should stand for Labour?

 

Cameron Slater @ Whale Oil – If the PM is tainted then so is the Queen

Cameron Slater @ Whale Oil – The nasty left, always rewriting history

 


Time for a whole new competition

09/06/2014

Perhaps the America’s Cup was once a race on the water where crews and their yachts competed with a fair chance of winning.

In recent years there’s been a lot more action in board rooms and courts.

One reason for that is the defender’s ability to rig the rules and the latest rigging is the last straw.

Paul Lewis says it’s time for a replacement America’s Cup:

Let’s start a replacement America’s Cup.

A proper one, with one set of rules for everyone and genuine competition. Not some heavily-rigged pretence at sport which is actually a play for power and money. That’s what Oracle Team USA served up with their protocol for the 35th America’s Cup this week.

This is a jack-up so obvious it should be called the Jack Cup. This went beyond the usual America’s Cup defender giving themselves an advantage. This is the US Army, armed with nukes, drones and heat-seeking missiles versus Spongebob Squarepants waving a sharp teaspoon. This is ensuring retention of the Cup under the banner of taking sailing to the masses and making it more commercial. Translation: more of everything for Oracle. . . .

A new event would be cheaper, fairer and more accessible. It could be staged in Australia or New Zealand, or even both, and would eventually grow to be its own event, maybe even overshadowing the Cup which could stand proudly in the Golden Gate Yacht Club trophy cabinet – forgotten and uncontested. . . .

Let’s have a yacht race that has clear rules which gives everyone the same chance and is decided on the water by the skill of the crews.


Team NZ wins 7 -1

26/08/2013

Team New Zealand has won the Luis Vuitton series against Luna Rossa, earning the right to contest the America’s Cup against Oracle.

. . .They clinched the Louis Vuitton finals for the third time in the 30 year history of the event, their only defeat coming after a gear failure in race two of the finals.

With the much anticipated showdown with Oracle less than a fortnight away, Team NZ will spend the next 13 days fine-tuning crew work and seeking further boat speed from their AC72 catamaran. . .

The first of 17 races for the Cup is on September 8.

This contest is often criticised for being not so much sport as a game for the wealthy and a triumph of engineering and technology rather than prowess.

There is an element of truth in that but no-one watching the races could deny the skill and strength of the crews.

And just as athletes who could never make it to the Olympics are inspired by champions, the many thousands of New Zealanders who mess around in boats, and many who don’t, get a thrill, and inspiration, from watching elite sportsmen compete, and triumph, in yachting.

There could also be a boost for business with the recognition for our boat builders.

 


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