WYSIWYG NEWS - 3 September, 2007
news at wysiwygnews.com
news at wysiwygnews.com
Mon Sep 3 12:46:12 NZST 2007
Subject: September, 2007
----- WYSIWYG NEWS ------------------------------
Copyright, Brian Harmer.
What a monumental week for our family! Special news to come.
Mid term break at the university is an opportunity to take
some annual leave, so with Mary's blessing I travelled to
Queenstown last Thursday to spend some time with our middle
son, Andrew, his partner Abbey, and our lovely little
granddaughter, Billie. Andrew and Abbey are currently running
"Sombreros", the Mexican restaurant in town.
The direct Wellington to Queenstown flight was absolutely
delightful. The weather was clear and blue all the way.
Somewhere off Kaikoura, the pilot of our Air New Zealand Link
ATR72 announced that in view of the favourable viewing
conditions, he had decided to take the inland route, and would
fly via Arthur's pass, and thence to Queenstown by way of Mt
Cook. So we altered course a few degrees to starboard, and
were soon above the magnificent mountains of the Seaward and
the Inland Kaikoura ranges.
Though not as fast as the Boeings and lacking reclining seats,
nevertheless the ATR has the distinct advantage of a high wing
which affords a superb view of the snow covered majesty below.
Kaikoura's Seaward and Inland ranges are not often in the news
or even in the public consciousness, but they are at once
extensive and imposing, with peak after snow covered peak
stretching away in all directions, for all the world like the
serrations on a shark's skin. I have probably mentioned before
that the highest point in the range, Tapuae-o-uenuku is the
highest South Island peak outside of the Mt Cook group.
>From somewhere above Arthur's pass, it was possible to see
clearly, the vehicles travelling along the elegant concrete
viaduct that has straightened out the once tortuous route down
beside the Bealey River to Otira and beyond. However, leaving
aside such puny man-made artefacts, the real stars of the show
were the mountains themselves. Wearing their thick mantle of
utterly pristine snow, they gave the impression (from around
16,000 feet) that they had never been trod by mankind. Highly
improbable, of course. In places great curved cracks in the
snow seemed, to my uninformed eye, to warn of significant
impending avalanches. And now we were above the Southern Alps
proper. From this altitude, it was possible to see the tracks
of numerous avalanches and at least one of these spread fan
like over a frozen mountain tarn.
Over to the West, I could see the glittering waters of lovely
Okarito, and the narrow bar that separates it from the sea.
Warm memories of West Coast paradise and neglected friendships
came flooding back. Soon, however, we were over the great
glaciers, Franz Josef, Fox and Tasman, which of course meant
that that the big lump of rock just ahead must surely be
Aoraki Mt Cook. The pilot obeyed my telepathic wish and
obliged with an "S" curve to give passengers on both sides of
the cabin close up views of that mighty mountain, immense and
immovable and seemingly not very far below us at all, before
continuing South over the uncountable peaks of the Mt Aspiring
National Park and thence down the length of Lake Hawea to line
up somewhere over the Crown Range for a more Westerly approach
across Lake Hayes. Near the threshold, a bunch of rather
soulless looking new Queenstown suburbs were trying
desperately to imitate Northern California. Abandoning such
negative thoughts, we arrived exactly on time at Queenstown
airport, and there in the sharp cold sparkle of a perfect
Queenstown day, were Andrew, Abbey and Billie to meet me.
I love to be with any of my family at any time, and I take
great pride not only in what they do, but in who they have
each become, and when they are not here, I miss them all. And
now it was great to see Andrew and Abbey interacting with
their 18 month old daughter Billie, who is at the stage of
communicating with the world in words, but not yet in
sentences. Billie is a delightful little girl who has
inherited her mother's good looks, and her father's impish
sense of humour. She is ultra-cute with her pink complexion
and blonde hair, and on many occasions tourists seek to have a
picture taken with her.
We had a quick look around the town that afternoon, and then
went out to dinner at Fishbone, a very nice sea-food
restaurant where I enjoyed an excellent pan-fried flounder
with salad. Back at the house, after Billie had been put to
bed, we sat and listened to music and I looked out the window
at the stunning moonlit view of the Remarkables across Lake
Wakatipu. During the early part of the evening the peaks had
gone from clean white, to gold, to crimson and now, at the end
of the day, they had faded to ghostly blue against the night
sky.
And so at last, exhausted, I laid me down to sleep that night
- and slept so soundly that I completely missed the sound of
the incoming text message from Brisbane. Fortunately, David in
Brisbane had also phoned Mary in Wellington, and she in turn
phoned Andrew who woke me up to pass on the good news "Isaac
George Harmer born about 15 mins ago. 4.34 kg. Mum and baby
safe and well". The older I get, the harder it is to be
unemotional about these things. Stoicism isn't all it's
cracked up to be anyway, so I confess that my eyes were
distinctly prickly.
I phoned David and managed a brief congratulatory conversation
before he had to rush off and attend to matters of immediate
need. Wow! Just a few weeks ago, I was reminiscing about my
youth with my friend Roger, and now we have our fifth
grandchild, and second grandson. Fantastic! Warmest
congratulations to Rowena and David, and of course, to big
sister Grace who was holding little Isaac so tenderly and
carefully in the first photographs to arrive the next morning,
and of course a big gold medal and hug to Rowena who did all
the heroic bits. Well done!
Wait a minute here! Shouldn't all this have been the headline
news? Doesn't it deserve top billing? Of course it does, and I
am overjoyed at the news, but I couldn't resist letting the
story unfold in the sequence in which things actually
occurred. Anyway, most excellent news! Readers may remember
that, at about this time last year, we were preparing to spend
a month in Australia with Rowena and David as he underwent
some very serious surgery.
Murphy stuck his nose in at about this stage, and my laptop
suddenly lost its ability to communicate with the Internet,
and communication with the rest of the world became
immediately more problematic. Despite phone calls to the
University's help desk, it seems that it won't be fixed until
I get back to work on Monday 3 September. Oh well, I didn't go
to Queenstown for technology anyway.
On the next day, after the appropriate exchange of family
phone calls, Andrew set about making sure I saw some the
sights of the region. He borrowed a friend's 4WD ... a big
capable Mitsubishi Challenger, and we set off for Skipper's
canyon. Now the Skippers road is apparently one which demands
the utmost respect, even in the height of summer. In winter
under ice and snow, I would regard it as impossible. As we
encountered it, with deep mud, it was simply insane. Andrew
drove the big vehicle with skill and occasional creativity
along the length of the road which was sometimes merely
narrow, and at other times downright terrifying.
In places, as we moved further from the main road, the track
was so deep in thick glutinous mud that the wheels were up to
their hubs, and the under-body was scraping the tops off the
mud between the wheel ruts. Nevertheless we kept moving
through some of the wildest and grandest landscape in New
Zealand, always striving to stay closer to the cliff wall than
to the long drop to the river on the other side. At last we
reached the lovingly preserved remnants of the tiny township
that existed there in the glory days of mining in the region,
and you just had to admire the sheer pioneering fortitude of
those settlers.
Lest the adventure of the road should outweigh the grandeur of
the scenery itself, I should say that this wild and lonely
landscape, where the Shotover River winds its way between the
Richardson Mountains to the West and the Harris Mountains to
the east is among the most spectacular you could imagine. The
astonishing rock formations, and the sheer endless majesty of
the place are such that I urge anyone who is inclined to visit
Queenstown to make the Skippers Rd part of your itinerary. Of
course, you should do so only if you have a very capable off-
road vehicle, and are experienced in driving it in tricky
conditions. For most, it may be wiser to do the trip with
"Nomads" or one of the other local tour operators who have the
right kind of equipment. Most rental car companies
specifically prohibit taking their cars on the road, and your
insurance will be void if you do so.
Beautiful the landscape is, hospitable it most assuredly is
not. On the way back out, we had at least overcome the element
of surprise, so it was marginally less terrifying than on the
journey in. Somewhere just past the old pipe bridge, we
encountered two young Australians who with more courage than
good sense, had attempted the road with an ordinary Subaru
Legacy wagon on street tyres. Not all 4WD vehicles are created
equal, so there was a certain gloomy inevitability to the
sight of their Legacy with its two left hand wheels hanging in
space, and the vehicle sitting precariously on its underbody
on the edge of a very long and steep drop.
The guys had wisely, and no doubt very carefully, got
themselves out of the car, but now needed to get their vehicle
home. They were hoping that Andrew would tow them free of the
sticky mud. He inspected the situation, and it was obvious
that as soon as the towrope took the strain, the vehicle would
pivot and in all probability slide right over the edge,
perhaps taking us with it. The best thing was to give the
crestfallen youngsters a ride back to town where they could
summon a professional recovery vehicle. More adventures from
Queenstown next week.
To those who have responded to the request for sponsorship of
the news, many thanks indeed. I am sorry for the lack of
personal responses so far. The computer outage was a barrier.
One or two raised a concern over the costs of issue of
international cheques. I should have been clearer that my bank
will accept an ordinary hand-written domestic cheque in your
local currency and convert it with no deductions. You should
not need to ask your own bank for anything. However, if that
remains a concern, I can provide either a bank account number,
or if you are familiar with paypal, I have an account
associated with my normal email address
(brian.harmer at vuw.ac.nz). So far I have sufficient responses
to support approximately six months worth of further WYSIWYG.
In previous rounds, we have usually had sufficient support for
about 18 months.
----
Any text above this point, and all subsequent material in
parentheses, and concluded with the initials "BH" is the
personal opinion of Brian Harmer as editor of this newsletter,
or occasionally "GS" will indicate an opinion from our
editorial assistant. In all cases they are honest expressions
of personal opinion, and are not presented as fact.
All news items (except where noted otherwise) are reproduced
by kind permission of copyright owner, Newstalk ZB News. All
copyright in the news items reproduced remains the property of
The Radio Network Limited.
----
On with the News.
Monday, 20 August 2007
~~~~~~~~~~~~~~~~~~~~~~
KIDS TO GET CHECKS BEFORE STARTING SCHOOL
-----------------------------------------
Children will undergo health checks before they start school,
to determine whether they are showing any behavioral concerns.
The Government has announced the B4 School programme will be
piloted in Wanganui and South Auckland before being rolled out
nationwide next year. The scheme will allow parents to provide
consent for their four-year-olds to undergo a test, in an
effort to show any health or social issues which could hamper
their child's ability to learn. Health Minister Pete Hodgson
says finding problems early will better support them as they
adjust to their new life as school pupils.
INVESTORS REEL AT FINANCE COMPANY COLLAPSE
------------------------------------------
Thousands of small investors are in shock at news of the
collapse of Nathans Finance. Its parent company VTL has been
suspended from the New Zealand Exchange, after telling
authorities it was insolvent. The Securities Commission is
investigating and says its investigations will focus on
Nathans Finance. Commission spokesman Liam Mason says its will
look at whether the information in its prospectus complied
with the law, or was misleading. There is no word on how many
investors had money in the company. Mr Mason says anyone with
any concerns should contact Nathans Finance direct. Newstalk
ZB's newsroom says a man has told them he and his wife
invested tens of thousands of dollars of retirement savings in
Nathans Finance. He is desperate to know whether he will see
any of it again, but says he cannot get anyone at Nathans
Finance to answer the phone.
(Sadly, another similar company has since fallen over. I am
way too risk averse, or financially timid to seek out these
kinds of investment. - BH)
TELECOM CLAIMS UPGRADE WAS PUBLICISED
-------------------------------------
Telecom says it did everything it could to notify customers of
the weekend's email outage. Xtra webmail customers could not
access their mail for 24 hours during an upgrade of 800,000
mailboxes. Many claim they were not told of the inconvenience.
Telecom spokesman Adrian Littlewood says Telecom did
everything it could to warn people, through emails and online
notices. He says most Xtra customers use applications like
Outlook to access email, which were not affected.
(For all their protestations, they subsequently published full
page newspaper apologies for the debacle, and gave their
customers a week's free service as compensation. - BH)
LAMB SECTOR URGED TO BURY HATCHET
---------------------------------
Meat companies and farmers are being warned they must work
together to avoid another disastrous year, as early season
lamb hits the market. Keith Kelly from Federated Farmers says
while the lower New Zealand dollar is good news for sheep
farmers, the currency has been just one part of the problem in
the sheep industry. He says farmers should remember the battle
they had with meat companies last year over procurement and
both sides must commitment themselves to livestock supply
contracts to move the industry forward. Mr Kelly says farmers
and companies must commit themselves to livestock supply
contracts and meat companies must be more transparent with
their suppliers and not reward volume of supply. He says
although farmers are sympathetic with meat companies about the
costs and difficulties they face, it is unacceptable for the
current lack of transparency to continue. Mr Kelly says the
Meat and Fibre Producers' Council has agreed on several remits
to improve the situation, which will be developed into policy.
Federated Farmers is warning that dark times are ahead if
things do not change.
GOVERNMENT UNFAZED BY CRITICAL UN REPORT
----------------------------------------
The Government is brushing aside renewed criticism of the
plight of Maori. A United Nations report by the Committee on
the Elimination of Racial Discrimination is once again
criticising New Zealand's race relations record. It is
questioning a proposal which would remove references to the
Treaty of Waitangi in statues and once again raises concern
about Maori poverty and the high number of Maori in prisons.
The report calls for renewed dialogue between the government
and Maori on the foreshore and seabed legislation. Deputy
Prime Minister Michael Cullen believes the document is a lot
softer than a previous one which raised similar concerns. He
says the UN Committee has recognised the Government is
involved in a range of discussions with Maori groups and is
confident of reaching some satisfactory agreements. Maori
Party MP Te Ururoa Flavell says the report is a depressing
read and indicates the Government's retargeting of policies on
the basis of need, rather than ethnicity, has created a
political climate unfavourable to Maori. He says that is a
huge blow to New Zealand's international reputation on race
relations.
MINISTRY INVESTIGATING TOXIC CLOTHES
------------------------------------
The Ministry of Consumer Affairs is investigating claims that
clothing from China contains high levels of a toxic substance.
The investigation follows a TV3 Target programme which found
levels of formaldehyde in children's clothing imported from
China, hundreds of times higher than levels considered safe by
the European Union. The programme also says New Zealand made
clothes using fabric manufactured in China have the same
problem. Liz MacPherson, the ministry's general manager says
an investigation will be carried out into the programme's
findings and samples will be analysed. She says action could
include a ban on some clothing and mandatory safety standards.
She says all new clothing should be washed and aired,
particularly permanent press or anti-wrinkle clothing items.
Ms MacPherson says if anyone is concerned about their health
they should contact a doctor. Formaldehyde can cause health
problems including skin and eye irritation, heightened asthma
symptoms and cancer. It is used in clothing to give a
permanent press effect.
(Apparently the formaldehyde is to render the fabric crease
resistant. However most customers would prefer the odd wrinkle
to automatic embalming. - BH)
Tuesday, 21 August 2007
~~~~~~~~~~~~~~~~~~~~~~~
AIR NZ LOOKS AT SECOND AUCKLAND AIRPORT
---------------------------------------
Air New Zealand has confirmed it is interested in setting up a
domestic service out of Whenuapai Air Force Base. Plans for a
commercial airport were put on hold several years ago, after
the Defence Force said it would not consider leaving until
after 2015. Air New Zealand says it has now formed a
favourable view on the possibilities that Whenuapai may be an
appropriate location for domestic services in the future. It
says the next step is to investigate the issues around the use
of Whenuapai as a dual use domestic airport, including
building an Air New Zealand terminal.
(I am mystified as to how this will work. How will Air New
Zealand handle the inevitable transfers as someone flies in
from Gisborne and wants to go to Kaitaia, while the passenger
in the next seat wants a transfer to the Tokyo flight. Which
lucky passenger will get to spend the next 90 minutes on
Auckland's motorways being transferred from Whenuapai to
Mangere or vice versa? - BH)
MAORI KING DELIVERS SPEECH IN TE REO
------------------------------------
The Maori King has underlined his belief in the importance of
the Maori language by delivering his first public speech
entirely in Maori. In his Coronation speech, broadcast live on
Maori Television, King Tuheitia emphasised the need for unity.
An array of royalty from around the Pacific is at
Turangawaewae Marae for today's celebrations. They include the
King of Tonga, who joined King Tuheitia for the formal waka
salute on the banks of the Waikato River.
SOME XTRA CUSTOMERS STILL WITHOUT WEBMAIL
-----------------------------------------
Telecom admits a number of its customers are still unable to
access Xtra webmail. It follows a major upgrade of 800,000
mailboxes over the weekend. Telecom spokesman Adrian
Littlewood says a fault in the registration process was
detected late last night. He says the problem only affects a
small proportion of customers but is complex and he is not
sure how long it is going to take to fix. Mr Littlewood says
extra call centre staff are being put on to deal with the
increased number of calls.
HERBICIDE BEING WITHDRAWN
-------------------------
Householders will no longer have access to a common herbicide
for lawn weeds from August next year, but it will continue to
be available for use in agriculture. The Environmental Risk
Management Authority says weed killers containing the
herbicide clopyralid must be withdrawn from public sale from
August 2008. However, the chemicals will still be able to be
used in agriculture and on large turf areas such as golf
courses and sports fields. Clopyralid is the active ingredient
in a range of weed-killers approved 23 years ago to control
broadleaf weeds such as dandelions, clover and thistles in
suburban lawns. Andrea Eng from ERMA says while the substance
is very effective and poses little threat to humans, it is
very persistent in the environment and can damage plants grown
in composted grass clippings from lawns treated with it.
(As I understand it, this move is driven by the manufacturers
of compost who complain that their product is killing the
plants to which it is applied. - BH)
ANTI-INFLAMMATORY DRUG RECALLED
-------------------------------
Medsafe has decided to recall forms of the anti-inflammatory
drug Prexige. The pain relief drug used, which is long term by
people with osteoarthritis, has already been withdrawn in
Australia after it was linked to two deaths. The drug comes in
200, 400 and 100 milligram doses. Today the pharmaceutical
company that sponsors the medicine is issuing a recall of the
200 and 400 milligram tablets. The 100 milligram dosage will
remain on the market. Medsafe spokesman Dr Stewart Jessamine
says Medsafe and the Medicines Adverse Reactions Committee
believe the active ingredient in Prexige has a greater
association with liver damage than other anti-inflammatories.
Around a thousand people are expected to be affected by the
recall.
IMPORTED TIMBER USED IN "HOMEGROWN" BUILDING
--------------------------------------------
The Department of Conservation's much touted new head office
in Wellington is not completely home-grown. The building was
opened earlier this year with much fanfare from Prime Minister
Helen Clark and Minister of Conservation Chris Carter who
extolled its sustainability and energy efficiency. However
Nick Smith, National's environment spokesman says almost
$70,000 worth of imported Australian timbers were used in its
construction. He says it is a bad look to use the imported
timber with its associated import costs to be used in
preference to sustainably produced New Zealand product.
Figures provided by Mr Carter show 89 percent of the timber
used in the building came from New Zealand.
FUEL EFFICIENCY INFO MAY BE MANDATORY
-------------------------------------
The Government wants information on vehicles' fuel efficiency
made available for consumers and is considering a mandatory
labelling scheme. New and used vehicles would be sold with a
comparative star rating allowing buyers to know exactly how
fuel efficient they are. The proposal is limited to vehicles
under 3.5 tonnes and motorcycles would be excluded. The scheme
would not apply to private sales.
INVESTORS NEED TO BE MORE SAVVY
-------------------------------
An investment consultant says many people fail to realise that
the higher rate of return the greater risk they are taking
with their money. Nathans Finance is the latest finance
company to collapse, with the Stock Exchange suspending
trading in VTL Group, its parent company. The insolvency
follows the collapse of Bridgecorp last month, which is in
receivership, and the failures of Western Bay Finance,
Provincial Finance and National Finance 2000 last year.
Richard Newell says people assume there is no risk involved in
investing and are more inclined to go with whichever
investment offers the greatest return, without understanding
the risk they are taking on. He says investors need to become
more familiar with the companies and products they are
investing in. Mr Newell says the only way for people to
safeguard their cash is to go to a qualified, experienced
financial advisor.
Wednesday, 22 August 2007
~~~~~~~~~~~~~~~~~~~~~~~~~
PARTY PILL LEGISLATION INTRODUCED TO PARLIAMENT
-----------------------------------------------
Legislation to ban party pills has been introduced to
Parliament this afternoon. BZP is the main ingredient in party
pills and it will be classified as a Class C drug. Those
supplying BZP face a maximum jail term of eight years, while
those found using it face three months in prison or a $500
fine. Associate Health Minister Jim Anderton says because
party pills have been available legally for years, there will
be an amnesty until June next year allowing less than five
grams of the drug for personal use.
HEAVY CRITICISM OF ELECTORAL FINANCE BILL
-----------------------------------------
The Government's Electoral Finance Bill is being heavily
criticised by the New Zealand Law Journal. It has published a
damning editorial on Government moves to define election
advertising and restrict third party campaigns. It describes
it as a case of the crooks writing the legislation that is
supposed to control them. The Journal rubbishes the purpose
clause of the bill, that it promotes participation in
Parliamentary democracy, as a nonsense. It instead argues the
legislation is about making political activity a regulated
profession. The editorial goes on to say the bill is
fundamentally obnoxious and should be scrapped. National
leader John Key is also critical of the proposed legislation,
and is urging New Zealanders to make submissions. Mr Key says
the bill poses a real danger to democracy. Mr Key told the
National Press Club that to drag out an election campaign for
the whole of an election year and to apply restrictions to
speech and advertising means voters could spend a third of
their lives being muzzled. He says the bill as it stand must
be opposed at all costs.
(Somehow, the present government seems to be increasingly
prone to self-destructive behaviour. - BH)
PRISON CELLPHONE BLOCK WILL BE PHASED IN
----------------------------------------
The Government has confirmed moves to combat illegal cellphone
use in prisons. The Department of Corrections has signed a
deal with Telecom and Vodafone that will see jamming
technology introduced into most prisons around the country.
Full details are still to be fleshed out as the initiative is
phased in over the next few months, because the Government
wants to make sure people living near prisons are not
affected. That concern is likely to see Mt Eden Prison in
central Auckland left out of the programme. Vodafone spokesman
Tom Chignell says the company is pleased to be working with
Corrections and the Government to solve the problem. He says
Vodafone is keen to find a solution that has the minimum
impact on their legitimate customers. His views are echoed by
his Telecom counterpart Greg Patchell who says they are keen
to ensure the technology works.
LEAKY HOMEOWNERS CAN APPLY FOR DAMAGES
--------------------------------------
Parliament has cleared the way for leaky homeowners to claim
general damages. Legislation allowing the move was passed into
law last night. Building and Construction Minister Clayton
Cosgrove says the law clears up any problems that could have
arisen from a recent High Court decision. It ruled general
damages could not be awarded as compensation for mental
anxiety or stress. Mr Cosgrove says the ability to claim
damages in such circumstances is an important principle of
justice for owners of leaky homes.
POWER DECISIONS FOR REMOTE FARMERS
----------------------------------
The government is seeking feedback on how electricity should
be supplied to rural customers beyond 2013. Under the
Electricity Act, lines companies are not obliged to continue
supplying electricity to properties that were connected before
April the first 1993, but not after that date, beyond 2013.
The clause is mainly relevant to remote rural areas where
lines can be expensive to maintain and which lines companies
could consider uneconomic. Energy Minister David Parker says
he wants consumers to continue to have access to an
electricity supply that is efficient, reliable and delivered
in an environmentally sustainable manner. The discussion paper
wants opinions on options including continuing supply
obligations with no expiry date, a transition period beyond
2013 and lines companies helping customers with transitions to
alternative systems.
BLANKET RECALLED DUE TO FORMALDEHYDE
------------------------------------
The distributor of a blanket is recalling the product because
of formaldehyde fears. Anyone who bought a Superlux blanket
sold under the Gainsborough brand name since 2004 is being
urged to return it for a full refund. Testing in Australia
shows the blanket contains unacceptable levels of
formaldehyde. The freephone number 0800 800 872 has been set
up a freephone number for further information. The recall
follows concerns about high levels of formaldehyde in clothing
imports from China.
DHB CHIEF STEPPING DOWN
-----------------------
The chief executive of Capital and Coast District Health Board
is resigning after eight years in the job. Margot Mains will
step down in February. The Association of Salaried Medical
Specialists hopes new leadership will bring a more positive
and responsive culture at Wellington Hospital. Executive
director Ian Powell says Ms Mains has been a hard-working CEO,
but he believes fresh leadership is timely. The union is
currently embroiled in a dispute with DHBs for higher pay and
better conditions for senior doctors.
Thursday, 23 August 2007
~~~~~~~~~~~~~~~~~~~~~~~~
FINANCE PRODUCTS TO BE CREDIT RATED
-----------------------------------
A shakeup of the financial market is being promised by
Commerce Minister Lianne Dalziel. Ms Dalziel says regulations
are being worked on to give people more comfort when it comes
to making investments. She says before the next election,
financial products on offer will be credit rated. Ms Dalziel
says investors should not be spooked by the Government's
moves. She says the risk today is no worse that it was
yesterday or than it was last year. Three finance companies
went belly up last year and two have gone into receivership
this year. Ms Dalziel is urging people who deal with financial
advisors to ask what the investment risk is and what the
advisor is getting out of it. She says all that glitters is
not gold and while people are being told their investment is
safe, it may not be at all.
HOPE BOOK WILL EDUCATE ABOUT CHILD ABUSE
----------------------------------------
A book aimed at educating people on how to detect child abuse
has been launched in Hamilton. The booklet titled "How Can I
Tell" is an initiative of the Institute of Child Protection
Studies. CPS Chief Executive Anthea Simcock says the
organisation and book are not trying to take the place of
organisations like Child, Youth and Family, but they will help
people to spot the signs of child abuse. Mrs Simcock says
30,000 copies of the book have been printed and will be sent
to all schools and child based institutions. The books are
also free to the public and can be obtained through the
institute.
XTRA WEBMAIL CUSTOMERS TO BE COMPENSATED
----------------------------------------
Telecom says it will compensate customers who have been
without access to webmail since the weekend. The outage was
supposed to be for 24 hours while the company upgraded 800,000
inboxes to a new service called Yahoo Xtra Bubble, but some
customers were still having problems today. Telecom spokesman
Kevin Kenrick says the company is are not being specific about
the compensation they will offer. He says they will consider
what is fair and reasonable compensation once they have the
service up and running. Mr Kenrick says they do not intend to
charge people for a service they did not receive.
GENESIS JOINS TE WAKA WINDFARM
------------------------------
Genesis Energy has joined the development of a controversial
wind farm. The state-owned enterprise has linked up with the
two other firms behind the proposed 34 turbines at Te Waka in
Hawke's Bay. Earlier this year the Environment Court ruled
against the wind farm after objections from the local Maori
community. The plans have now been scaled down and re-lodged.
Genesis Energy says the wind farm would help New Zealand meet
its environmental targets.
PACIFIC BLUE SAYS IT CAN SUSTAIN LOW PRICES
-------------------------------------------
Pacific Blue has announced details of its plans for the
domestic market, including an opening promotional fare of $39
dollars each way between Auckland, Wellington and
Christchurch. The service is set to start on November 15 and
at this stage it will concentrate on the main trunk route.
Chief executive Brett Godfrey says Pacific Blue expects its
competitors to match its prices, but believes it will be able
to sustain them over a longer time. "I don't think we are
going to be in a position to beat up on Air New Zealand, that
would be totally arrogant. What we are saying is we think
there is a great opportunity to lower the cost of travel and
at the same time grow the pie." Mr Godfrey says it may take
some time for Pacific Blue to find its feet in New Zealand,
but it is prepared to take a loss in the first couple of
years. The Travel Agents Association says the low airfares are
a wake up call for domestic airlines, which it says have been
charging high prices for too long because of a lack of
competition. Chief executive Paul Yeo says the association is
expecting Air New Zealand and Qantas to match the low fares,
creating a very competitive domestic market. He says it is
about time. The bottom dollar Pacific Blue prices are
available for six months and passengers need to book flights
before mid-September. After the first six months, the cost of
flying from Auckland to Wellington will be $69 dollars,
Auckland to Christchurch $79 and Wellington to Christchurch
$59 dollars.
PROFIT DROP FOR PIZZA MAKER
---------------------------
Pizza maker Domino's has announced an increase in full year
sales, but a decrease in net profit. The Australian owned and
operated company has reported a net profit after tax of $9.1
million, a 30 percent decrease on the previous year. However
sales rose by 44.4 percent. The company says the full year
result reflects the forecasted impact of the European
expansion in Belgium, France and the Netherlands and the
weaker trading performance in Australia.
WINDFALL FOR SOME, SHORTFALL FOR OTHERS AT ATM
----------------------------------------------
A mistake loading cash into a Kiwibank ATM machine has lined
the pockets of a number of Queenstown residents, but left
others shortchanged. Customers were lining up to withdraw cash
from the machine on Tuesday night after it began dishing out
either twice as much money as requested or not enough.
Kiwibank spokesman Bruce Thompson says the problem was
incorrect stacking. The $10 box was filled with $20 notes and
the $20 box was filled with $10 notes. Mr Thompson says a
guilty conscience has got the better of some who have
voluntarily handed the money back. It is not known whether
other customers will be forced to do so. The bank will
reimburse people who were shortchanged.
(In my experience, most ATMs offer fewer small denominations
than large ones, so more customers would have been
shortchanged than overpaid. That didn't stop a feeding frenzy
that was the talk of the town when I arrived a few days later
- BH)
MORE TOURISTS EXPECTED
----------------------
The Ministry of Tourism is predicting a big jump in the amount
New Zealand earns from foreign visitors. It says a 64 percent
rise in earnings is on the cards for the next six years.
Tourism spending is forecast to grow annually by around 7.5
percent to $10.5 billion per year by 2013. The number of
foreign tourists is expected to grow by four percent a year to
reach 3.2 million. That will be boosted by a predicted 140
percent increase in visitors from China, which is set to
become the fourth-largest source of tourists, after Australia,
the United Kingdom and the United States.
TASER OPPONENTS DISAPPOINTED
----------------------------
The controversial year long Taser trial is drawing to a close,
but opponents believe police will use the device regardless of
the outcome. The latest issue of the police magazine Ten-One
says police have used the stun gun device 19 times in 111
deployments. Criminal lawyer Marie Dhyrberg from the lobby
group Campaign Against the Taser says the trial has not been
transparent or independent. She claims that throughout the
trial period police have refused to give her group detailed
information about the situations where the Taser has been
used, preventing monitoring and assessment of whether the gun
is reasonable or necessary. Ms Dhyrberg says opponents
understand police need to use an immobilising device to help
defuse difficult situations, but believe a safer alternative
should be used.
(Somehow, Ms Dhyrberg always takes the opposing viewpoint to
me. I disagree with almost every public utterance she makes. -
BH)
WHAT PRICE FOR LEAKY HOME STRESS?
---------------------------------
Parliament has passed legislation paving the way for
compensation claims based on the mental anxiety caused by
having a leaky home, but affected home owners are questioning
how a dollar value can be put on stress. Northland leaky
homeowner Gavin Williams has been battling the builders of his
damaged Whangarei home for five years and says the stress is
relentless. He welcomes the new laws, but believes it is
almost impossible to quantify the suffering involved in the
five year battle. He says some days the stress is
incapacitating, as more and more problems with his house
emerge every day. Mr Williams says he and his wife have been
seeing a psychologist, who has told them they will need
ongoing counselling, even after their case is settled.
HOUSING MARKET SHOWS SIGNS OF COOLING OFF
-----------------------------------------
Climbing interest rates are starting to have an effect on the
overheated property market. New figures suggest the market is
starting to stagnate, with prices levelling off and sales
volumes down. Harcourts' chief executive Bryan Thomson says
that is not unusual for this time of year, although it is a
bigger slow down than usual. He says agents are looking
forward to the spring market which usually brings a flush of
listings and warmer weather brings buyers out of the woodwork.
Mr Thomson says the Reserve Bank's attempts to cool off the
housing market through higher mortgage interest rates are
definitely starting to bite.
Friday, 24 August 2007
~~~~~~~~~~~~~~~~~~~~~~
BIG FOUR WANT FINANCE SECTOR OVERHAUL
-------------------------------------
The big four in New Zealand's financial world are calling for
the introduction of a national independent audit regulation
and oversight system. Deloitte, Ernst and Young, KPMG and
PricewaterhouseCoopers have met with the Securities Commission
to discuss the matter. Together they have sent a letter to
Commerce Minister Lianne Dalziel requesting it be addressed as
a high priority. The organisations argue New Zealand is
falling behind international practice by not having an
independent audit oversight structure.
GOVT DENIES LENGTHENED TREATY SETTLEMENTS
-----------------------------------------
The Government is defending itself against allegations it has
blown out the time taken to settle historic Treaty grievances.
National claims since 1999, the Government has taken just one
settlement from start to finish, compared with ten settlements
during the 1990s. It says it now takes an average of almost 21
months to pass settlement legislation, compared with nine
months under National. Treaty Negotiations Minister Mark
Burton says the Government has had to complete a number of
settlements which were unresolved when they took office. He
says five of the settlements completed in the 90s were so
small, they did not require legislation.
FONTERRA PAYOUT INCREASES BY 87C
--------------------------------
There is a windfall for dairy farmers with their pay out per
kilogram of milk solids from Fonterra revised to $6.40. It is
an increase of 87c on the May forecast of $5.53 a kilogram.
Chairman Henry van der Heyden says it is due to the high price
of milk powder and strengthening commodity prices, especially
increases in butter and cheese. He says the prices Fonterra
received at the start of the season have more than offset the
dollar's rise to US80c at one point. "We have seen huge
volatility in the New Zealand dollar which has risen to
historic highs and then plummeted recently. While we are using
a 71c spot rate in our forecasts, we have to acknowledge that
rates have not settled and could go either way. If the lower
dollar is sustained over time, we could see more of an upside
in payouts, but this is not the time to be gambling on that."
Mr van der Heyden says the Fonterra board has decided to
increase the advance rate which will be paid in October from
$3.60 to $4.20.
TRADE DEFICIT BIGGER THAN EXPECTED
----------------------------------
The trade deficit rose more than expected in July, thanks to
falling exports and rising imports. A figure of $791 million
was posted for the month, when the markets were expecting a
figure of around half a billion. The annual deficit is now
running at $6.3 billion about $300 million higher than
expectations.
(Falling exports? What was the preceding article about? Dairy
is still the largest single component of our export earnings,
and it is exceeding previous levels by an extraordinary margin
despite the exchange rates. What gives? - BH)
MIDWIFE SAYS HOSPITAL CARE "INADEQUATE"
---------------------------------------
A midwife at Auckland City Hospital fears pregnant women could
start losing their babies because of inadequate care. The
worker, who wants to remain anonymous, deals with pregnant
woman and women with acute gynaecological problems. The
midwife says every day women discharge themselves from
hospital because the wait is too long. She says patients have
to sign an agreement absolving the hospital of responsibility
if something goes wrong. The midwife says in her last 12 hour
shift she dealt with around 20 women and had no break for
meals or rest, other than three cups of coffee. She says her
equally-experienced colleague was recently reduced to tears
because of the pressure she is faced with at work.
FRAUD IMPACTS ON COMPANY'S PROFITS
----------------------------------
Turners Auctions has announced a 78 percent drop in half year
net profit after tax of $524,000. The company says the result
has been adversely affected by fraud, which is being
investigated by the Serious Fraud Office. It has set aside
$1.158 million to cover the costs of the crime. It says
without the unexpected fraud, first half profit after tax
would have been $1.3m. Graham Roberts, CEO, says he is
disappointed about the extent of the fraud and says the
company is now focussed on changes to its internal control
systems. It is also investigating ways to recover the stolen
money. The company has reported growth in Group profit of 3.9
percent. The biggest growth area was Turners Fleet where
revenues were up 15 percent or $2.8 million on the previous
period. Chairman, Michael Dossor, says the used car market
remains tough with more traders disappearing from the market
and registrations of overseas vehicles declining by a further
10 percent in the first half of 2007. Mr Roberts reported a
brighter outlook for the remainder of 2007 as the import
market grew by five percent in June 2007 for the first time
since January 2006. Turners Auctions plans to drive future
earnings with several initiative including making 30 percent
more cars available online. A special dividend of 9.5 cents
per share has been declared.
REPORT CRITICISES SEX EDUCATION
-------------------------------
A new Education Review Office report is highly critical of the
way schools teach sex education. The report is the first since
the subject became a compulsory part of the Health and
Physical Education Curriculum in 2001. ERO chief review
officer Graham Stoop says there are three distinct groups. He
says 20 percent of schools are teaching sex issues well, 60
percent offer a reasonable level of teaching but need to do
further work, while the remaining 20 percent need to make
significant changes. Dr Stoop says it is important schools
liaise with the community about how the best way to teach
pupils about sex.
CHEAP AIRFARES A WORRY SAYS GREENPEACE
--------------------------------------
Greenpeace is concerned about the environmental impact of $39
airfares. Newcomer Pacific Blue is offering the rock bottom
one way internet fare until September 16 or until sold out for
travel from November 2007 through to February 29, 2008. Air
New Zealand says it will not be beaten on price and has
matched Pacific Blue's year-round lead-in fare of $69.
Susannah Bailey from Greenpeace says flying causes a lot of
damage to the environment and she would like other forms of
transport to fight back. Ms Bailey fears the cheap fares will
encourage people to fly unnecessarily. However, travel agents
are welcoming the addition of Pacific Blue to New Zealand. The
Travel Agents Association claims consumers have faced over-
priced domestic fares for too long and the new services will
stimulate competition and grow the overall market. Paul Yeo,
CEO, says recent research shows that New Zealand's domestic
airfares have been rising at levels well above the Consumer
Price Index whereas international fares have been falling. He
accuses Air New Zealand and Qantas of profiting handsomely and
says Pacific Blue's arrival will give everyone a reality
check. Mr Yeo hopes Pacific Blue will eventually open up new
routes once the airline becomes established in New Zealand.
RESEARCH WANTED INTO DRIVERS USING CELL PHONES
----------------------------------------------
An inquest into the deaths of two Levin teenagers in a car
crash in January calls for more research into cell phone use
amongst drivers. Lucy Simon aged 18 and her 15-year-old sister
Isabelle were instantly killed when their car hit an oncoming
truck on a bridge on State Highway 1 near Manakau. Coroner
Phillip Comber says it appears Lucy, the driver, was texting
when the crash happened. The fact that the vehicle was fitted
with both worn snow tyres and summer tyres were contributing
features. Mr Comber says it is the second inquest he has
handled within a year where cell phone use has been a factor
in a collision. While he does not have enough information to
make a recommendation about the issue, he would like to see
research and discussion carried out into drivers using cell
phones. Mr Comber also wants Warrant of Fitness testing on
tyres beefed up because mismatched tyres can create dangerous
situations. He recommends that vehicles should fail warrants
if they are fitted with a dangerous combination of tyres and
that snow tyres be rejected when they become 50 percent worn.
Andy Knackstedt from Land Transport New Zealand says the
accident which claimed the Simon sisters' lives is a tragic
reminder of the consequences of not concentrating when
driving.
(Dear Lord, every time there is a crisis, someone has the
earthshaking idea of commissioning a report or conducting more
research. I wonder if any research has been done elsewhere
that we might use? Or do we have grounds to believe that kiwis
are somehow physiologically different to people in other
places? - BH)
REVIVAL OF RARE DISEASE IN WELLINGTON
-------------------------------------
A highly infectious disease thought to be virtually wiped out
since the 1940s, has sprung up again in Wellington. Health
authorities believe a decline in the practice of safe sex is
responsible for a revival of syphilis in the capital. Research
published in the New Zealand Medical Journal shows around 200
cases of syphilis in the Wellington region between 2004 and
2006. Most are gay men however some women are presenting with
the disease. One of the authors of the report, Jane MacDonald,
says there have been outbreaks in Australia, America and the
UK so it was only a matter of time before cases increased in
New Zealand. She says it is possible people that are getting
tired of the safe sex message and are putting themselves at
risk more than they used to. Dr MacDonald says despite the
outbreak, the rates of syphilis in Wellington are still lower
than HIV rates and as long as people practice safe sex they
should not contract the disease. She says most medical
practitioners know little about syphilis as it has become rare
in developed countries with the advent of penicillin. Dr
MacDonald says a number of teaching seminars have been
organised in hospitals and general practices to raise
awareness. In an earlier paper on the issue, Dr MacDonald said
the disease is spreading faster than any other sexually
transmitted disease and could become a serious public threat.
She said for decades, it was only seen in New Zealand when it
had been brought into the country by recent immigrants or by
New Zealanders who had had sex overseas. She says syphilis is
endemic in the Pacific region amongst heterosexuals. Syphilis
is a highly infectious bacterial disease and early symptoms
include swollen glands and ulcers in the mouth and genital
area. It is often mistaken for other illnesses including
meningitis or liver problems. In its early stages it can be
easily cured with the use of penicillin but if untreated, can
damage internal organs including the brain.
SUBSCRIBE OR UNSUBSCRIBE
~~~~~~~~~~~~~~~~~~~~~~~~
Brian Harmer does NOT administer the mailing list. Please do
not send subscription related messages to him. Instead, visit
the website listed below, where you can make changes as
required. If you want to send a personal message to Brian,
change the country code to nz and send a message
brian.harmer at vuw.ac.xx If you do choose to comment on
something in these posts, please don't send the whole
newsletter with your message. Just trim it back to the
relevant bits. Thanks. Brian.
More information about the News
mailing list