Oh well Peters has lost his case against the Top Civil Servants etc on the Overpaid Super matter (just announced)
Out of this it looks like the Taxpayer has won but also lost (wearing the costs)
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Oh well Peters has lost his case against the Top Civil Servants etc on the Overpaid Super matter (just announced)
Out of this it looks like the Taxpayer has won but also lost (wearing the costs)
I know the business, being a patron maybe twice a year. He did well to survive as long as he did. Okato is a small town. He was sometimes busy on weekends but seemed to be quiet during the week. As Kiora suggests he may have over capitalised. He was entitled to a wage subsidy from the WINZ scheme. If he can not survive 6 weeks with that subsidy then the painful reality is that his financial structure was never going to be stong enough. A small town café is always going to struggle. I just hope that my favourite city café is still operating when I return. Because of its location and steady cliente if the city café does not survive ( I suspect it will) someone else will set up a new café in the same location
zacman
sorry .. that was in reply to Balance's reference to a Stuff story about a 15 year business closing
Distractions out of the way, Peters must have received a delayed Urgent Wake Up call from his
very annoyed oldies & badly disrupted business owners -
https://www.stuff.co.nz/business/121...er-social-good
"Peters told Newstalk ZB the Government needed to save the economy as fast as possible to prevent further damage."
Why has it taken Mr "Import all the Expats C-19 & All in their Droves regardless" so long to wake up ?
Left up to Labour & the fumbling Robertson, nothing has happened in 3 weeks and nothing will probably happen
either under Labor's current destructive counter productive projectory while they tinker and fluff around..
"...tinker and fluff around …". Come on. The govt is getting wide spread praise both at home and abroad for its bold and assertive steps. Sure they extended level 4 by only 5 days but many were suggesting 2 weeks. Best not to go the Singapore way and open too soon.
People are understandably complaining about a 6 to 8 week effect on their businesses with the weaker ones falling over. What do they expect ...its a pandemic, there are going to be some business failures.
The government has been bold and assertive in its actions. Thank heavens we didn't follow the Swedish "plan B' as the Auckland Medical school expert and others proposed. Our economy would still be suffering but the loss of lives would have lead to much greater criticisms of the government.
It is not nearly as bad as it could be. There may never be a vaccine, and indeed WHO confirms that once infected and recovered even with antibodies in your system, there is no guarantee that you can not be infected again. We may be stuck with this for many years. If so the Government's strong actions will leave us much better prepared than most.
zacman
Look across the Tasman - they are just as successful with containing the outbreak but without the horrendous impact on businesses.
Or Taiwan.
Why do we have to compare with countries which have not done well? Aim higher! Aspire higher! Achieve better than the ones who are doing well.
The ABs do not compare themselves against Canada - they compete against other world champions like England or South Africa, right?
We can only use published numbers at this stage rather than if this or what that, right?
I watched Q & A just now and Grant Robertson could not come out with one single direct help which this government has given to help the SMEs! Not one!
He was asked about rental relief like in Oz and it is clear that there will be no help.
$10 billion so far for wage subsidy to incentivise employers to keep employees - really just an expensive social welfare bandaid if the businesses do not survive because there are other expenses to be covered when there’s Zero, zilch, nothing revenues coming in for the businesses.
https://www.dailymail.co.uk/news/art...ting-ZERO.html
Australia shows how it is done - 13 new cases (equivalent to 2.5 cases in NZ) and zero new cases in 4 states yesterday.
All without having to impose the 'strictest' lockdown in the world, unlike NZ.
We should all be very happy with what NZ's lockdown has achieved but let's not kid ourselves ....
... NZ is paying a very very heavy economic price vs Australia to bring the outbreak under control.