Nz Politix

[Brian d marge]

Sorry but i couldn't restrain myself,

Strategic assets for sale you lot voted for em !

Classic fail.org

Carry on ,,, Good job !! ( don't worry as the profits go overseas ... NZers will get jobs ...)



On a serious note the polly in question did say something of note ( i know , weird day , I agreed with Mary lesbian on national radio, and a polly ! )

If ya don't save so that people can borrow from NZ people then the investment would come from overseas ,,,

Stephen

good on that man for taking his money out of westwack !!!

[Dave Lobster]

Yawn.. troll..

[Winston001]

Mmmm....Brierley Investments owned a huge ranch in Hawaii for years, NZ Farming Systems has massive investments in Uruguay, PGG Wrightson investments in Chile, GPG ownership of British company Coates......the list goes on and on.....


Relax.

[Brian d marge]

Yawn.. troll..

musnt grumble eh.... the money is flooding in ,,,,,,,,,,,,,,

snip
New Zealand welcomes and encourages foreign investment without discrimination. The Overseas Investment Commission (OIC) must give consent to foreign investments that would control 25% or more of businesses or property worth more than NZ$50 million. Restrictions and approval requirements also apply to certain investments in land and in the commercial fishing industry. In practice, OIC approval requirements have not hindered investment. OIC consent is based on a national interest determination, but no performance requirements are attached to foreign direct investment after consent is given. Full remittance of profits and capital is permitted through normal banking channels.

This free investment by foreign capital has also been criticised. Groups like Campaign Against Foreign Control of Aotearoa (CAFCA) consider that New Zealand's economy is substantially overseas-owned, noting that direct ownership of New Zealand companies by foreign parties increased from $9.7 billion in 1989 to $83 billion in 2007 (an over 700% increase), while 41% of the New Zealand sharemarket valuation is now overseas-owned, compared to 19% in 1989. Around 7% of all New Zealand agriculturally productive land is also foreign-owned. CAFCA considers that the effect of such takeovers has generally been negative in terms of jobs and wages.


more snippy

GDP $128.141 billion (2007 est.)
GDP growth 3.0% (2007 est.)
GDP per capita $30,234 (2007 est.)
GDP by sector agriculture (4.6%), industry (27.4%), services (68%) (2004 est.)


good job carry on!

Stephen

[Jantar]

...Strategic assets for sale you lot voted for em ! .....

Umm, have a look at the dates on your second post. We voted them out, there's a new group in now.

[Winston001]

This free investment by foreign capital has also been criticised. Groups like Campaign Against Foreign Control of Aotearoa (CAFCA) consider that New Zealand's economy is substantially overseas-owned, noting that direct ownership of New Zealand companies by foreign parties increased from $9.7 billion in 1989 to $83 billion in 2007 (an over 700% increase), while 41% of the New Zealand sharemarket valuation is now overseas-owned.....

Theres a very very simple answer you know - set up a Buy NZ Back Fund. Each and every person bothered by overseas investors puts their money into the Fund and the Fund buys shares, farms, whatever any time a foreign investor sniffs around.

How come the Campaign Against Foreign Control of Aotearoa haven't done that??

[Skyryder]

I didn't.

Don't think to many people are aware of the ramifications. If not just think of how much the Aussie banks have ripped us off. Even Key is on record suggesting that their profit margin is too high. And remember how much forighn corperations allowed rail to backslide

Now English is going to open up us to be screwed further.

If any one thinks that the offshore share holder is going to give a toss about the locals..........think again.


Skyryder

[puddytat]

Shouldnt the Super fund be the logical investors in NZ...got to be alot less dodgey than .....many.

[Brian d marge]

Umm, have a look at the dates on your second post. We voted them out, there's a new group in now.

Bugger all changed then except this time the powers that said they would do it before they were voted in eeeeww

put me down for a nz fund ( kiwibank or something like that)

if I had spent more than a few seconds on google. The info would have been better

[mynameis]

Waits for Finn

[Brian d marge]

I am alright , I do F, all work ( five hours a day) , have a few motorbikes in a garage , race 2 of them , putting 2 kids through school , a big screen Tv and the latest Iphone ...and I drink Way too much ,,,

lifes sweet

The grass is greener on the other side .... today got up at 10.30 kb for a while , then the accounts and draw untill 4pm then i hae a stack of DVDs to watch

Sounds good !

but we human beings ,,, are a perverse lot I wonder if it is possible to live in NZ , but without being caught up in the rat trap,,,,

I mean , utilities , gasoline , food and mortgage ... if you don't use it you shouldn't have to pay for it ..... I have thought out an energy zero house , it actually returns electricity to the grid , gasoline ( easy ) and a large chunk of the food side of it I have covered and waste water ...

What it would mean is I wouldnt have to stress too much about earning money , I could work to live . ie do the stuff I want to do,

it wouldnt matter if JK stuffed up the economy ( in fact it would be to my advantage !)

its a thought that just wont go away ......

in the mean time .... carry on up the Khyber !


Stephen

[peasea]

I am alright , I do F, all work ( five hours a day) , have a few motorbikes in a garage , race 2 of them , putting 2 kids through school , a big screen Tv and the latest Iphone ...and I drink Way too much ,,,

lifes sweet

The grass is greener on the other side .... today got up at 10.30 kb for a while , then the accounts and draw untill 4pm then i hae a stack of DVDs to watch

Sounds good !

but we human beings ,,, are a perverse lot I wonder if it is possible to live in NZ , but without being caught up in the rat trap,,,,

I mean , utilities , gasoline , food and mortgage ... if you don't use it you shouldn't have to pay for it ..... I have thought out an energy zero house , it actually returns electricity to the grid , gasoline ( easy ) and a large chunk of the food side of it I have covered and waste water ...

What it would mean is I wouldnt have to stress too much about earning money , I could work to live . ie do the stuff I want to do,

it wouldnt matter if JK stuffed up the economy ( in fact it would be to my advantage !)

its a thought that just wont go away ......

in the mean time .... carry on up the Khyber !


Stephen

I can see why you've lost the plot; you work too hard.

[Brian d marge]

I can see why you've lost the plot; you work too hard.

yup, too much time on me hands

I am glad I never really got the plot in the first place ! ( doesnt look to flash from here !)

Stephen

[Mschvs]

You should really try cutting back ... you'll run yourself ragged!!

Must be a good paying job tho!!

[Brian d marge]

You should really try cutting back ... you'll run yourself ragged!!

Must be a good paying job tho!!

no crap paying but enough, ( not according to the wife though !)

I am in the middle of expanding slightly , into car parts , but I have to look at my cash flow first, I want a 3d scanner and a prototyper ( $$$)



Stephen