Clearly New Zealand has not performed well in the last year - see https://www.rnz.co.nz/news/business/539891/nz-s-economy-took-developed-world-s-biggest-hit
and of course some attempted to minimise or excuse the actions that
resulted in that decline: https://www.rnz.co.nz/news/business/539939/economy-fell-far-after-flying-high-after-pandemic-stimulus-economist

One good result was circulation of the following link which
demonstrates why so many people, including I suspect Luxon and Willis,
make such mistakes - it is clear that they cannot be listening to
expert advice either, but that will never be acknowledged by the
public service . . .

https://www.nakedcapitalism.com/2025/01/the-curse-of-the-household-analogy.html

Meanwhile Seymour continues down his own path, now advocating that we
attract a lot of money from overseas investors by selling off public
assets - and it seems Luxon believes that has merit as well. One of
them spoke of the advantages from the partial sale of electricity
companies - which as most people know have been fabulous investments
for those who got in early; they have consistently charged more and
more to consumers to enable dividends to increase regularly, so
consumers are paying the bill for selling of assets they previously
owned. So again Seymour and Luxon are clearly advocating for the
interests of those that are wealthy enough to make huge donations to
the political parties of the right - if you are not wealthy, they are
not representing your interests.

--- SoupGate-Win32 v1.05
* Origin: fsxNet Usenet Gateway (21:1/5)

Rich80105 <Rich80105@hotmail.com> wrote:

Clearly New Zealand has not performed well in the last year - see >https://www.rnz.co.nz/news/business/539891/nz-s-economy-took-developed-world-s-biggest-hit
and of course some attempted to minimise or excuse the actions that
resulted in that decline: >https://www.rnz.co.nz/news/business/539939/economy-fell-far-after-flying-high-after-pandemic-stimulus-economist

One good result was circulation of the following link which
demonstrates why so many people, including I suspect Luxon and Willis,
make such mistakes - it is clear that they cannot be listening to
expert advice either, but that will never be acknowledged by the
public service . . .

https://www.nakedcapitalism.com/2025/01/the-curse-of-the-household-analogy.html

Meanwhile Seymour continues down his own path, now advocating that we >attract a lot of money from overseas investors by selling off public
assets - and it seems Luxon believes that has merit as well. One of
them spoke of the advantages from the partial sale of electricity
companies - which as most people know have been fabulous investments
for those who got in early; they have consistently charged more and
more to consumers to enable dividends to increase regularly, so
consumers are paying the bill for selling of assets they previously
owned. So again Seymour and Luxon are clearly advocating for the
interests of those that are wealthy enough to make huge donations to
the political parties of the right - if you are not wealthy, they are
not representing your interests.

Did you find that on the back of a cereal packet?
Or, maybe in a Christmas cracker.
It's about that level of believability.

--- SoupGate-Win32 v1.05
* Origin: fsxNet Usenet Gateway (21:1/5)

On 2025-01-25, Rich80105 <Rich80105@hotmail.com> wrote:

Clearly New Zealand has not performed well in the last year - see https://www.rnz.co.nz/news/business/539891/nz-s-economy-took-developed-world-s-biggest-hit
and of course some attempted to minimise or excuse the actions that
resulted in that decline: https://www.rnz.co.nz/news/business/539939/economy-fell-far-after-flying-high-after-pandemic-stimulus-economist

One good result was circulation of the following link which
demonstrates why so many people, including I suspect Luxon and Willis,
make such mistakes - it is clear that they cannot be listening to
expert advice either, but that will never be acknowledged by the
public service . . .

I'll get the new improved reasoning AI model from Deep Seek (from China) on
the case.

https://www.nakedcapitalism.com/2025/01/the-curse-of-the-household-analogy.html

Meanwhile Seymour continues down his own path, now advocating that we attract a lot of money from overseas investors by selling off public
assets - and it seems Luxon believes that has merit as well. One of
them spoke of the advantages from the partial sale of electricity
companies - which as most people know have been fabulous investments
for those who got in early; they have consistently charged more and
more to consumers to enable dividends to increase regularly, so
consumers are paying the bill for selling of assets they previously
owned. So again Seymour and Luxon are clearly advocating for the
interests of those that are wealthy enough to make huge donations to
the political parties of the right - if you are not wealthy, they are
not representing your interests.

The power price increases have been helped along by by the Green renewalable energy.

BTW Coal is still supplying 103MW, in the middle of summer.

--- SoupGate-Win32 v1.05
* Origin: fsxNet Usenet Gateway (21:1/5)

On 25 Jan 2025 23:00:54 GMT, Gordon <Gordon@leaf.net.nz> wrote:

On 2025-01-25, Rich80105 <Rich80105@hotmail.com> wrote:

Clearly New Zealand has not performed well in the last year - see
https://www.rnz.co.nz/news/business/539891/nz-s-economy-took-developed-world-s-biggest-hit
and of course some attempted to minimise or excuse the actions that
resulted in that decline:
https://www.rnz.co.nz/news/business/539939/economy-fell-far-after-flying-high-after-pandemic-stimulus-economist

One good result was circulation of the following link which
demonstrates why so many people, including I suspect Luxon and Willis,
make such mistakes - it is clear that they cannot be listening to
expert advice either, but that will never be acknowledged by the
public service . . .

I'll get the new improved reasoning AI model from Deep Seek (from China) on >the case.

https://www.nakedcapitalism.com/2025/01/the-curse-of-the-household-analogy.html

Meanwhile Seymour continues down his own path, now advocating that we
attract a lot of money from overseas investors by selling off public
assets - and it seems Luxon believes that has merit as well. One of
them spoke of the advantages from the partial sale of electricity
companies - which as most people know have been fabulous investments
for those who got in early; they have consistently charged more and
more to consumers to enable dividends to increase regularly, so
consumers are paying the bill for selling of assets they previously
owned. So again Seymour and Luxon are clearly advocating for the
interests of those that are wealthy enough to make huge donations to
the political parties of the right - if you are not wealthy, they are
not representing your interests.

The power price increases have been helped along by by the Green renewalable >energy.

Are you referring to the wind farms that Genesis got resource consents
for quite a few years ago now but have not built? That is because they
want the system to need to use coal to keep prices up!

There has been some increase in electricity generation by private
companies; good on them, but it does not help us when higher than
necessary electricity costs result in factory closures . . .

BTW Coal is still supplying 103MW, in the middle of summer.

Exactly, keeping electricity prices high.

Some extreme weather events will not have helped - quite a bit of
water was used in fighting fires, and flooding is just water that
cannot be captured for electricity.

Just imagine if we had an electricity industry that was seeking to be
able to provide electricity to consumers at the lowest cost, instead
of the highest - you would lose out of that change?

--- SoupGate-Win32 v1.05
* Origin: fsxNet Usenet Gateway (21:1/5)