So we have been talking about asset sales (or the blocking of) in relation to Auckland airport a fair amount lately. As you may or may not have picked up I don’t really have a problem with the idea as the assets in question were already owned by investors and nothing bad had happened. We […]
The government has blocked the sale of 40% of Auckland International Airport (AIAL) to the Canada Pension plan as it does not pass the test of “benefiting New Zealand”. it’s a good thing those money hungry Canadians aren’t going to bleed the economy dry by taking control of a “strategic” asset. On a serious note, […]
A big fuss is being kicked up about the fact that the news media kept secret the fact that Prince Harry was on the front lines in Afghanistan. Now I can understand that people might be pissed that he’s getting special protection because people might target him. I can kind of sympathize with this point […]
I saw an interesting piece on Breakfast this morning (now that I have a “real” job I’m actually up that early) about how today is buy no petrol day. Apparently the idea is if we all buy no petrol today this will “hit the petrol company’s bottom lines” and make them clean up their act […]
So there is a big debate raging in the New Zealand blogosphere about the exodus of labor to Australia. Matt joined in on the debate and made the very valid point that it’s real wages we need to care about, not the nominal wage and that for this happen we basically need productivity increase so […]
Interesting piece on stuff today about the teacher crisis currently happening in primary schools. Apparently it has gotten so bad that they are considering hiring teachers who don’t have adequate English language skills. A survey of 79 schools showed that three quarters of the shortlisted candidates were ranked as either poor or very poor. I […]