sharetrader
Page 416 of 417 FirstFirst ... 316366406412413414415416417 LastLast
Results 4,151 to 4,160 of 4166
  1. #4151
    ****
    Join Date
    May 2013
    Location
    NZ
    Posts
    5,632

    Default

    Quote Originally Posted by iceman View Post
    Interesting. Are you saying it was a bad decision, decided by a vote of the population, to sell 49% of those assets ? If so, please explain how you have come to that conclusion ?
    I'm not sure what you are on about.
    There was a referendum on these sales and 2/3rds voted against the sale but Key did it anyway.
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  2. #4152
    Dilettante
    Join Date
    Mar 2010
    Location
    Down & out
    Posts
    5,514

    Default

    Quote Originally Posted by Daytr View Post
    I'm not sure what you are on about.
    There was a referendum on these sales and 2/3rds voted against the sale but Key did it anyway.
    Partial sale was a major and much discussed election policy and National won the election. Simple.

    Unlike all the major policies Labour implemented in their last stint that all came out of the blue and were never mentioned during election campaigns.

  3. #4153
    ****
    Join Date
    May 2013
    Location
    NZ
    Posts
    5,632

    Default

    Quote Originally Posted by iceman View Post
    Partial sale was a major and much discussed election policy and National won the election. Simple.

    Unlike all the major policies Labour implemented in their last stint that all came out of the blue and were never mentioned during election campaigns.
    Really, show me evidence of that.
    The fact that a specific referendum on the sales was 2/3rds against suggests even a large number of right wing voters were against the sale.

    And what we got from it? Ridiculously high electricity prices, lack of quality investment in infrastructure to keep up with demand, meanwhile dividends have leaked out to shareholders.

    It has been an unmitigated disaster for taxpayers.
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  4. #4154
    Guru
    Join Date
    Feb 2020
    Location
    Nelson
    Posts
    4,060

    Default

    Not to worry- a pensioner can hopefully put their 2 bucks a week towards the new electricity prices.

  5. #4155
    Legend
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    5,161

    Default

    Quote Originally Posted by Daytr View Post

    And what we got from it? Ridiculously high electricity prices, lack of quality investment in infrastructure to keep up with demand, meanwhile dividends have leaked out to shareholders.
    I don't think you are correct. High Electricity prices because of the partial sale? You gotta be kidding.

    I went back to my student days and had a look what my electricity bill was.

    Power is cheaper now on a real basis (obviously not nominal) than it was in the 90's. As is petrol and diesel, but people conveniently forget that.

  6. #4156
    Dilettante
    Join Date
    Mar 2010
    Location
    Down & out
    Posts
    5,514

    Default

    Quote Originally Posted by Daytr View Post
    Really, show me evidence of that.
    The fact that a specific referendum on the sales was 2/3rds against suggests even a large number of right wing voters were against the sale.

    And what we got from it? Ridiculously high electricity prices, lack of quality investment in infrastructure to keep up with demand, meanwhile dividends have leaked out to shareholders.

    It has been an unmitigated disaster for taxpayers.
    Total rubbish

  7. #4157
    Guru
    Join Date
    May 2006
    Location
    , , .
    Posts
    3,405

    Default

    Quote Originally Posted by iceman View Post
    Total rubbish
    Rubbish?
    Ultimately higher power prices and lack of incentive to ensure we didn't hit peak production (pricing) is rubbish.
    We are paying the price for the botchup every day now.

  8. #4158
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    22,449

    Default

    Quote Originally Posted by dobby41 View Post
    Rubbish?
    Ultimately higher power prices and lack of incentive to ensure we didn't hit peak production (pricing) is rubbish.
    We are paying the price for the botchup every day now.
    The botch up (which has already been well articulated by all industry players) is that gas supply is running low and running out fast.

    And who was the one who declared her 'nuclear free' moment and banned the exploration of gas and oil in NZ?

    Yes indeed - the dumb, useless and clueless red *itch Ardern.

  9. #4159
    Guru
    Join Date
    Feb 2020
    Location
    Nelson
    Posts
    4,060

    Default

    If only we had some sort of backup placed on a lake to provide surplus energy.

  10. #4160
    Legend
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    5,161

    Default

    Quote Originally Posted by dobby41 View Post
    Rubbish?
    Ultimately higher power prices and lack of incentive to ensure we didn't hit peak production (pricing) is rubbish.
    We are paying the price for the botchup every day now.
    The botch up introduced by the Labour govt with this insane drive to renewable.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •