Articles in ‘Opinion’

Last month, I wrote about some common misconceptions about the profitability of the banks operating in New Zealand, and noted that the Big Four Aussie banks, while quite profitable compared with banks elsewhere in the world, are not wildly profitable in comparison to many other listed companies in New Zealand. I noted that other banks in New Zealand are not nearly as profitable, and that there are definite benefits to New Zealand in having a…

As someone who has been forced to deal with a couple of serious medical conditions in the past, I am accustomed to “worst scenario” theories offered by professionals. And also, quite thankful for them. I would much rather hear the worst and hope for the best. I wonder if scientists and other professionals commenting on climate change are doing the same; warning us of the catastrophes that could happen if we don’t act now. Taking a position that…

The public might assume that justice equals the truth, with regards to any Court Case brought before the New Zealand court, however in our adversarial system they may not be the same thing at all. New Zealand’s justice system is part of our system of government. New Zealand’s government is modelled on the British system (the Westminster model) and is based on a concept called separation of powers. This means the institutions of government are…

Every now and then, there’s a surge of concern, sometimes even anger, at the banks. They make too much money. Their profits go overseas. They no longer provide services in country towns. Their culture needs watching carefully by the regulators, lest they exploit their customers. They should be subject to more controls. I’m a bit hesitant to discuss these issues because I can too easily be accused of having a conflict of interest. I am…

Six months ago, I wrote a column about the five local referenda which defeated the attempt of five district councils to foist separate Maori wards on their districts. And about the open letter which Local Government New Zealand had written to the Government urging it to change the law so that citizens would no longer have the right to have a say on this issue. I decided to give the whole “Maori issue” a rest for the balance of the year. But a…

A shortfall of 900 teachers today: 2,000 plus students without permanent teachers. By 2020 a shortage of 2,500 teachers. Costs driving teachers out of Auckland. Leaky homes! Housing shortages. House prices! The cost of energy: electricity and petroleum. Monopoly and duopoly markets operating with little effective control over pricing models. A billion dollars, annually, for the regions without any identified spending plan. 100,000 new homes…

In recent months, we have seen a rash of strikes – teachers and nurses in particular, with other sectors suggesting that they may strike also unless the people who work in those sectors get a substantial wage or salary increase. Of course, people say, that’s what you’d expect when we have a Labour- New Zealand First Coalition Government. They’re a worker-friendly government, so naturally there’ll be more strikes. I don’t doubt that there is…