#NZ

Chopping down a tree with a herring

How wonderful to have the elite try to lecture on our behaviours. Sir Ian Boyd, the UK Government’s chief climate scientist, has proclaimed that Brits must eat less meat, buy fewer clothes and reconsider heading off to Malaga on EasyJet during the summer break. He suggested that zero net emissions by 2050 will be unsustainable unless the government stops focusing on economic growth. Must have been talking to NZ PM Jacinda Ardern.

Unfortunately, politicians who run a campaign based on crimping economic growth won’t last very long in office when more constituents fall foul of such changes. Never mind, Sir Ian is likely to escape any hardships.

Sir Ian made reference to New Zealand, which has made a lot of effort to include wellness into the economic metrics. Despite the fact that evil Australia explicitly lacks “social wellbeing” in the wording of the official paperwork, CM has already shown the land down under outstrips NZ on a per capita basis across the desired metrics of mental health and so forth that Ardern champions.

Unfortunately, Sir Ian may get his wish, although not perhaps the way he intended. He can make reference to the fact we’re all consuming too much but the reality is that central banks have helped trade us into a corner that relies on front-loading ever more consumption to prevent the economy from imploding. Sadly, when the peons catch the brunt of this, they will be demanding the government dump environmental policies in favour of reviving the economy because marvelling at wind towers won’t fix their malaise. Jonathan Rochford of Narrow Road Capital sums this up nicely,

Just as the first step for an alcoholic is to admit their addiction and the damage it has done, central banks need to start by admitting they have gone too far with monetary policy and have caused substantial economic damage. An apology is owed to savers that have been punished for their prudence and to a generation of young people that have been substantially disadvantaged in their quest to purchase property without incurring excessive levels of debt. Central banks also need to admit that they have tried to use monetary policy to solve problems it simply wasn’t suitable for.”

Everything is a trade-off. However, ceding more control and regulation to governments and central banks around the world that have failed us so terribly to date have no track record to be demanding even more restrictions.

That means if governments want to hit “zero emissions”, stop telling the public how they must comply. Refrain from telling auto-makers they must be all-electric by 2040. How about just giving them the target and letting them decide by what means they will overcome the technological hurdles. That is how ingenuity is created, not by some new quango that will impose ever greater restrictions for next to no palpable return other than inconvenience and shared misery.

Monty Python described it best in the Holy Grail. The Knights of Ni demanded that King Arthur chop down the mightiest tree in the forest with a herring. Sir Ian is expecting that of industry and the Britons themselves. Understandably the “It” word that eventually tortures the Knights of Ni to their demise is actually sustainable “economic growth.”

Jacinda, time to deal with fects

Jacinda

NZ PM Jacinda Ardern! You may be the high priestess of wokeness but sadly you need to have a better grasp of numbers. CM already detailed that Australia is more generous by a considerable currency-adjusted per capita margin than your Wellness Budget. Look at the ratio of Kiwis living in Aus vs Aussies living in NZ. 570,000 plays 37,000.

Sledging Aussie PM Scott Morrison may win brownie points with the left (and the global mainstream media cheerleading squad will find you faultless) but here are some facts you might consider before you speak:

  1. China is 45% of global coal powergen. China has over 1,000 coal plants in operation. A further 126 are under construction and another 72 are in the planning stage. Australia has only 2 in the pipeline.
  2. China has grown CO2 emissions from 10.6% of the global total atmosphere in 1990 to 29.3% today. Australia has slipped from 1.21% to 1.08% respectively. You are but a spec.
  3. Since 1990, Australia’s CO2 emissions per capita have risen by 1.8%. NZ has grown by 10.8%. Yes, we emit more CO2 per capita in gross terms because we have a monster mining industry that you don’t. Australia’s impact on global CO2 is 0.0000134% of the total atmosphere. Yours is 0.00000124%. Nothing. So no matter what we do, our impact via virtue signalling will account for zero. Feel free to flash those pearly whites to the adoration of the sheep that think you should lead a global government. No thanks.

The NZ PM’s Wellness Budget has received lots of accolades. A true leader! Champagne socialist Sir Richard Branson also praised her saying other countries should take note. Despite owning an airline…

The idea that a budget should be solely based on economics is not progressive and more should be directed at “well-being”. That is not to say this budget is not “well-intentioned”. However, the statistics compared to across the ditch do not fare well in relative terms.

Comparing her newest policies versus Australia reveals the kangaroos get better access to social services than the kiwis. How surprising that none of the mainstream media bothered to look at the budget numbers on a like for like basis? Just praise her because she represents their ideal version of a socialist leader.  CM has looked through both budgets and adjusted for currency to make for easier like-for-like comparisons.

When it comes to health spending per capita (currency-adjusted), Australia is expected to climb from A$3,324 in 2019 to A$3,568 in 2022. NZ is expected to go up slightly from A$3,516 to A$3,561 respectively.

On social security and welfare, Australia is expected to pay out A$7,322 per capita in 2019, growing to A$7,977. NZ, on the other hand, is forecast to go from A$5,573 per head to A$6,489.

On mental health, Australia forked out around A$9.1bn exclusively on these services reaching 4.2m citizens last year. NZ is planning on spending A$45.1m in 2019 with a total of A$428m by 2023/24 to hit 325,000 people on frontline services for mental health. While the move is a positive one, NZ will allocate A$1.78bn to mental health as a whole over 5 years. On an annualised basis, Australia will still allocate 5x the NZ amount to mental health per capita. So much for wellbeing.

On education, NZ plans to increase per capita spending 7.9% between 2019 and 2022 whereas Australia will lift it 12.5% over the same period. NZ spends around 2x Australia per capita on education although PISA scores between 2006 and 2015 are virtually identical (and both heading south)

On public housing, Ardern can claim a victory. Australia is expected to cut spending per capita from A$240 in 2019 to A$194 in 2022 when NZ will go from A$137 to A$282. Although let’s hope Ardern has more success than her KiwiBuild policy. The Australian’s Judith Sloanrightly pointed out,

“Ardern also has stumbled with other policies, most notably KiwiBuild. The pledge was to build 100,000 additional affordable homes by 2028.

It has since been modified to facili­tation by the government to help build new homes. Moreover, the definition of afford­ability has been altered from between $NZ350,000 ($340,000) and $NZ450,000 to $NZ650,000.

What started off as an ill-considered public housing project has turned out to be an extremely unsuccessful private real estate scam. The government estimated that there would be 1000 homes built last year under KiwiBuild; it turned out to be 47.”

Good news KiwiBuild has made it to 250.

 

How dare you stand by your man

If CM had a dime every time another person or corporate talked about “diversity and inclusion” he’d be a millionaire. That one has to claim the bleeding obvious is nothing more than sanctimonious virtue signaling. It is nauseating. It’s like asserting one stands against Nazis. Really? How woke!

To have people question Israel Folau’s wife supporting her husband beggars belief. What does one expect? That she might publicly shame him on her Twitter account? Is anyone surprised she retweeted his GoFundMe appeal? Perhaps former Aussie netballer Liz Ellis can advise Maria Folau in the art of throwing her beloved under the bus.

She tweeted, “How about this: There is no room for homophobia in our game. Anyone who is seen to support or endorse homophobia is not welcome. As much as I love watching @MariaFolau play netball I do not want my sport endorsing the views of her husband.”

Liz, should Netball NZ launch a witch-hunt on Maria? Shall we make an example of her? Perhaps ask Jacinda Ardern’s judiciary to sink its newly sharpened fangs into Maria for retweeting Izzy’s ‘hatred’ and incarcerate her? Perhaps ask Twitter to terminate his account?

ANZ, sponsor of the domestic netball premiership, unsurprisingly came out with a politically correct response. Does ANZ have to prove to the 0.1% of activists who claim faux outrage that it isn’t homophobic? Why not appeal to the 0.000001% of fornicators, adulterers and drunks who might have been upset by Folau? It is amazing to think these institutions hire so many staff to floss the chrome fixtures in the executive bathroom.

Corporations really need to grow a pair. “Diversity and inclusion” are overused more in corporate virtue signaling than Casanova serenading “I love only you” on Valentine’s Day.

If ANZ had a look at the bank account balances of the activists that they fear so much they would soon learn they could easily afford to lose their business.

Quit the moral preening. You aren’t fooling anyone.

Greta & Obama

A propaganda picture which would have had a place in Soviet times. A socialist leader Obama looking down on a brainwashed teenager, Great Thunberg, who is unbeknownst being exploited by the intelligentsia.

The picture, while excellent as a stand-alone photo, has a patronizing overtone. The disdain held against those wicked climate skeptics. Had NZ PM Jacinda Ardern been in it, the leftist dream team would have been fully assembled. Although her 2050 zero emissions plan has been independently costed and its outrageous.

Obama better not tell Greta Thunberg about the disastrous Solyndra scandal otherwise those crossed arms might end up being for him.

Solyndra was an Obama era solar darling that the Inspector General’s Office, after more than four years of investigation, concluded that company’s senior management used inaccurate information to mislead the Department of Energy (DoE) in its $535 million loan. Soon after the fees landed, Solyndra declared bankruptcy.

Perhaps Greta should be speaking to Bjorn Lomborg to get a proper education on the real price of costing her plans for climate change.

NZ Wellbeing Budget? Kiwis still better off in Australia

Image result for wellbeing budget nz

NZ PM Jacinda Ardern’s Wellness Budget is receiving lots of accolades. A true leader! Champagne socialist Sir Richard Branson also praised her saying other countries should take note. The idea that a budget should be solely based on economics is not progressive and more should be directed at “well-being”. That is not to say this budget is not “well-intentioned”. However, the statistics compared to across the ditch do not fare well on relative terms.

Comparing her newest policies versus Australia reveals the kangaroos get better access to social services than the kiwis. How surprising that none of the mainstream media bothered to look at the budget numbers on a like for like basis? Just praise her because she represents their ideal version of a socialist leader.  CM has looked through both budgets and adjusted for currency to make for easier like-for-like comparisons.

When it comes to health spending per capita (currency adjusted), Australia is expected to climb from A$3,324 in 2019 to A$3,568 in 2022. NZ is expected to go up slightly from A$3,516 to A$3,561 respectively.

On social security and welfare, Australia is expected to pay out A$7,322 per capita in 2019, growing to A$7,977. NZ, on the other hand, is forecast to go from A$5,573 per head to A$6,489.

On mental health, Australia forked out around A$9.1bn exclusively on these services reaching 4.2m citizens last year. NZ is planning on spending A$45.1m in 2019 with a total of A$428m by 2023/24 to hit 325,000 people on frontline services for mental health. While the move is a positive one, NZ will allocate A$1.78bn to mental health as a whole over 5 years. On an annualised basis, Australia will still allocate 5x the NZ amount to mental health per capita. So much for wellbeing.

On education, NZ plans to increase per capita spending 7.9% between 2019 and 2022 whereas Australia will lift it 12.5% over the same period. NZ spends around 2x Australia per capita on education although PISA scores between 2006 and 2015 are virtually identical (and both heading south)

On public housing, Ardern can claim a victory. Australia is expected to cut spending per capita from A$240 in 2019 to A$194 in 2022 when NZ will go from A$137 to A$282. Although let’s hope Ardern has more success than her KiwiBuild policy. The Australian’s Judith Sloan rightly pointed out,

“Ardern also has stumbled with other policies, most notably KiwiBuild. The pledge was to build 100,000 additional affordable homes by 2028.

It has since been modified to facili­tation by the government to help build new homes. Moreover, the definition of afford­ability has been altered from between $NZ350,000 ($340,000) and $NZ450,000 to $NZ650,000.

What started off as an ill-considered public housing project has turned out to be an extremely unsuccessful private real estate scam. The government estimated that there would be 1000 homes built last year under KiwiBuild; it turned out to be 47.”

In the process, NZ’s national debt per capita will grow from A$21,550 in 2019 to A$25,206 by 2022. Australia will climb from A$22,764 to A$23,293.

Look at page 119 of the NZ Wellbeing Budget, we can see the government is forecasting the economy to slow and unemployment to rise.

As we wrote several weeks ago, the statistics that Aussies are about to pack their bags and head of to NZ are not supported. CM wrote,

“According to the Australian Bureau of Statistics, there are 568,000 New Zealanders in Australia, or more than double the total 3-decades ago. Therefore more than 11% of the Kiwi population lives in Australia. At last census count, 35,000 New Zealanders migrated to Australia in 2018.

According to the New Zealand Statistics Bureau, 38,700 Aussies live in New Zealand. In the January 2018 year, 24,900 migrants arrived from Australia and a similar number departed for Australia.

Stats NZ stated, “Over half of migrants arriving from Australia are actually returning Kiwis who have been living across the Tasman for more than a year…The number of migrants going back and forth to Australia in the past year almost balanced each other out – the net gain was just 40 people in the last 12 months.”

As socialists love to point out, “feelings matter far more than facts“. Just goes to show how easily people will fall for a catchy headline, rather than judge it on its merits. Time the “woke” wake up from this slumber. By all means, celebrate more recognition of higher mental health spending but best put it in perspective. Jacinda Ardern is ordinary.