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The Daily Blog Open Mic – Friday 12th July 2019

By   /  July 12, 2019  /  5 Comments

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Announce protest actions, general chit chat or give your opinion on issues we haven’t covered for the day.

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Announce protest actions, general chit chat or give your opinion on issues we haven’t covered for the day.

Moderation rules are more lenient for this section, but try and play nicely.

EDITORS NOTE: – By the way, here’s a list of shit that will get your comment dumped. Sexist language, homophobic language, racist language, anti-muslim hate, transphobic language, Chemtrails, 9/11 truthers, climate deniers, anti-fluoride fanatics, anti-vaxxer lunatics and ANYONE that links to fucking infowar.

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5 Comments

  1. saveNZ says:

    Have been moves around forever to go to plain English contracts – but as usual not much being done to actually legislate the issue that effects so many consumers who are constantly being ripped off because it is not clear what they are signing up to.

    Bite the bullet and actually make it illegal to have consumer contracts that are not plain English contracts!

    Retirees paying up to $100 a day in surprise care fees – report

    https://www.rnz.co.nz/news/business/394199/retirees-paying-up-to-100-a-day-in-surprise-care-fees-report

    (while they are about it, stop ripping of the elderly in retirement home scams and fees and issues like only letting certain agents sell the property, outrageous fees for ‘renovation’ etc, so it means that if a home is not right for an elderly person they are locked in with a range of issues to stop them selling, which the government turns a blind eye to!)

    Retirement homes are some of the most lucrative investments in NZ for a handful of big operators who pay surprisingly little tax on big profits!

    “But the retirement village model has also allowed the likes of Ryman, Metlifecare and Summerset to pay surprisingly little tax (although dividends paid to shareholders are taxed). Operators have four main income streams, says Stephen Ridgewell, an analyst at Craigs Investment Partners: rest home and hospital fees, retirement village management fees, resale gains when a new resident buys in, and profits from new developments.

    Aged care and management fees are fully taxable, says Ridgewell. However, resale gains are not; nor usually are development profits. “This chiefly reflects that the operator is not selling the unit, but a right to occupy,” he says. The reason these companies pay little or no tax currently is that their operating expenses are higher than their income from aged care and management fees, and depreciation can be claimed on their assets.”

    https://www.noted.co.nz/money/property/cost-of-living-in-a-retirement-village/

  2. Greywarbler says:

    A message from the office of Financial Capability. Old people’s residential homes are getting too expensive for a lot of elders. They are sold with extra advantages, but these may not eventuate as needed. Where are all the oldies to live as numbers go up, medical management is needed, health and mobility is lost, and euthanasia is treated like a very dirty word instead of being available as an option with a legal pathway if and when required by the individual! It will be necessary to decide and hold your goodbye get togethers with all matters of leaving done, before you go la-la and become a virtual zombie. That is how many go, people who have been leaders, creatives, wonderfully vivid people. Should we be forced to stay alive to enable the retirement homes to take their pick from the elderly cohort? Alternative suicide, which is a sorry appellation to place on a death of someone after a full and active life.

  3. Greywarbler says:

    https://www.rnz.co.nz/news/national/394239/ex-nzta-boss-faulted-over-innovation-unit-s-extensive-disregard-for-processes

    This raises the question that has occurred to me again – why don’t we tender for the jobs we have. We seem to get creamed by the supposedly handpicked people we have now. Go for the Pharmac approach. The level of chicanery and incompetence we now are confronted with makes me sick! It would be so much cheaper and we may get less cock-ups if they have a low basic with limited perks, and a nice Christmas bonus for having few things go wrong. Allow for a few mistakes and don’t take their Christmas lolly away unless they are repetitive or rather too large to hide behind the aspidistra.

  4. saveNZ says:

    From this article it looks like you can just build your luxury hotel, sell it on, and then go into liquidation so you don’t have to pay your creditors! Wonder how many companies they have liquidated before Kilmour Properties 2014 Ltd …

    “After completing the luxury $40 million Sudima Hotel and attached office building, Kilmour Properties 2014 Ltd sold the complex to the Sudima chain in May. The hotel opened in June.

    Kilmour’s Auckland shareholders then put the company into liquidation with at least 17 creditors, including Christchurch City Council.”

    https://www.stuff.co.nz/business/114192379/luxury-hotel-developer-in-liquidation-after-delays-and-cost-overruns

  5. saveNZ says:

    Globalism and increasing demand meets declining health spend per person in NZ

    The ‘Victorian’ illnesses you can still get in New Zealand

    https://www.stuff.co.nz/national/health/114123613/the-victorian-illnesses-you-can-still-get-in-new-zealand

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