Turning Gain Into Pain

Total Page:16

File Type:pdf, Size:1020Kb

Turning Gain Into Pain TURNING GAIN INTO PAIN NEW ZEALAND BUSINESS ROUNDTABLE MAY 1999 The New Zealand Business Roundtable is an organisation of chief executives of major New Zealand businesses. The purpose of the organisation is to contribute to the development of sound public policies that reflect overall New Zealand interests. First published in 1999 by New Zealand Business Roundtable, PO Box 10–147, The Terrace, Wellington, New Zealand http://www.nzbr.org.nz ISBN 1–877148–47–4 ã 1999 edition: New Zealand Business Roundtable ã Text: as acknowledged Production by Daphne Brasell Associates Ltd, Wellington Printed by Astra Print Ltd, Wellington FOREWORD This collection of speeches, submissions and articles is the fourteenth in a series produced by the New Zealand Business Roundtable (NZBR). The previous volumes in the series were Economic and Social Policy (1989), Sustaining Economic Reform (1990), Building a Competitive Economy (1991), From Recession to Recovery (1992), Towards an Enterprise Culture (1993), The Old New Zealand and the New (1994), The Next Decade of Change (1994), Growing Pains (1995), Why Not Simply the Best? (1996), MMP Must Mean Much More Progress (1996), Credibility Promises (1997), The Trouble with Teabreaks, (1998) and Excellence Isn't Optional (1998). The material in this volume is organised in six sections: economic directions; the public sector; industry policy and regulation; education and the labour market; social policy; and miscellaneous. It includes a paper by Bryce Wilkinson, consultant to the NZBR. A full list of NZBR publications is also included. R L Kerr EXECUTIVE DIRECTOR CONTENTS ECONOMIC DIRECTIONS 1 1 TURNING GAIN INTO PAIN 3 Speech by Douglas Myers to the Wellington Regional Chamber of Commerce, November 1998 2 GLOBALISATION, ASIA AND IMPLICATIONS FOR NEW ZEALAND 11 Speech by Roger Kerr to a Greenwich Financial Services Client Function, December 1998. 3 THERE'S SOMETHING (WRONG) ABOUT TINA 21 Speech by Roger Kerr to the Otago Chamber of Commerce and Industry, November 1998. 4 IS NEW ZEALAND DOOMED TO BE A LOW-GROWTH ECONOMY? 29 Speech by Roger Kerr to the New Zealand Institute of Management Canterbury Division CEO Breakfast, October 1998. THE PUBLIC SECTOR 41 5 SUBMISSION ON THE 1999 BUDGET POLICY STATEMENT 43 Submission by the New Zealand Business Roundtable, February 1999. 6 SUBMISSION ON COST RECOVERY OF PASSENGER AND CRAFT BORDER CLEARANCE SERVICES 53 Submission by the New Zealand Business Roundtable, November 1998. 7 HOW BIG SHOULD GOVERNMENT BE? 69 Speech by Roger Kerr to a Deloitte Touche Tohmatsu Business Lunch, October 1998. 8 GETTING A CORE GOVERNMENT FUNCTION RIGHT 77 Speech by Douglas Myers to the New Zealand Police Association 63rd Annual Conference, October 1998. 9 THE VALUATION OF ROADS 85 Paper by Bryce Wilkinson to the AIC 1998 New Zealand Road Reform Conference, September 1998. 10 SUBMISSION ON THE DRAFT AUCKLAND REGIONAL LAND TRANSPORT STRATEGY 99 Submission by the New Zealand Business Roundtable, September 1998 11 THE ARST FIASCO: FULL CIRCLE TO NOWHERE 115 Paper by Roger Kerr to the IIR Conference on Ownership, Management and Funding of Infrastructure Assets, August 1998. 12 THE PROBLEM WITH PEOPLES' REPUBLICS 125 Speech by Roger Kerr to the NZ Financial Planning Company, August 1998. INDUSTRY POLICY AND REGULATION 133 13 AGRICULTURAL MARKETING AND STRUCTURES: MULDOONISM LIVES ON 135 Speech by Roger Kerr to the Farming for the Future Forum, February 1999. 14 SUBMISSION ON THE DISCUSSION PAPER ON THE OPERATION OF THE SPECIFIC THRESHOLDS FOR PRICE CONTROL FOR ELECTICITY LINE BUSINESSES 143 Submission by the New Zealand Business Roundtable, February 1999. 15 SUBMISSION ON THE MINISTRY OF COMMERCE'S TELECOMMUNICATIONS INFORMATION DISCLOSURE DISCUSSION PAPER 149 Submission by the New Zealand Business Roundtable, December 1998. 16 WHY NOT NORMALISE RACING? 161 Speech by Roger Kerr to the New Zealand Racing Managers Conference, August 1998. EDUCATION AND THE LABOUR MARKET 171 17 SUBMISSION ON THE PAID PARENTAL LEAVE BILL 173 Submission by the New Zealand Business Roundtable, December 1998. 18 IS THERE A VIABLE ALTERNATIVE TO STATE FUNDING, REGULATION AND OWNERSHIP OF NEW ZEALAND'S UNIVERSITIES IN THE 21st CENTURY? 181 Speech by Roger Kerr to the Sir John Logan Campbell Executive- in-Residence Dinner Lecture Series, University of Auckland Business School, October 1998. 19 SUBMISSION ON THE 1998 REVIEW OF THE STATUTORY MINIMUM WAGE 191 Submission by the New Zealand Business Roundtable, October 1998. 20 RESTORING SANITY TO EDUCATION 207 Speech by Roger Kerr to the Association of Bulk Funded Schools, September 1998. 21 A BUSINESS PERSPECTIVE ON THE PRIVATE TERTIARY EDUCATION SECTOR 217 Speech by Roger Kerr to the New Zealand Association of Private Education Providers, September 1998. 22 ACADEMIC FREEDOM AND UNIVERSITY ACCOUNTABILITY 227 Speech by Roger Kerr to the University of Auckland Winter Lecture Series 'The University in the 21st Century', August 1998. SOCIAL POLICY 237 23 SUBMISSION ON THE ACCIDENT INSURANCE BILL 239 Submission by the New Zealand Business Roundtable, October 1998. 24 RECONNECTING COMPARISON AND CHARITY 253 Speech by Roger Kerr to an ACT New Zealand North Shore Electorates Dinner, August 1998. 25 FROM ENTITLEMENT TO NEEDS: ABANDONING NEW ZEALAND'S LAST THINK BIG SCHEME 263 Speech by Roger Kerr to the Association of Superannuation Funds of New Zealand 1998 Conference, August 1998. MISCELLANEOUS 271 26 THE CHANGING FACE OF BUSINESS 273 Speech by Roger Kerr to the University of the Third Age (U3A) International Conference, February 1999. 27 BUSINESS ETHICS AND THE MARKET ECONOMY 283 Speech by Roger Kerr to the Chartered Institute of Corporate Management, October 1998. 28 THE ROLE OF BUSINESS IN PUBLIC AFFAIRS: SOME NEW ZEALAND PERSPECTIVES 291 Speech by Roger Kerr to the Institute of Economic Affairs, September 1998. 29 List of New Zealand Business Roundtable Publications 303 ECONOMIC DIRECTIONS WELLINGTON REGIONAL CHAMBER OF COMMERCE TURNING GAIN INTO PAIN DOUGLAS MYERS CHAIRMAN LION NATHAN LIMITED MEMBER WELLINGTON NEW ZEALAND BUSINESS ROUNDTABLE 25 NOVEMBER 1998 TURNING GAIN INTO PAIN Remember 1994? That was the year that marked a decade of economic reforms in New Zealand. Pain had been turned into gain. The economy grew that year by 6 percent, having grown by 5 percent the previous year. Unemployment was dropping like a stone, inflation was down and out, the current account deficit was 1 percent of gross domestic product (GDP) and the budget was in surplus. New Zealand's achievements were getting due recognition around the world. As an editorial in The Wall Street Journal put it: Under finance minister Roger Douglas, this tiny, faraway democracy began its break from limp socialism. It was the most ambitious assault of any Western nation on the system of entrenched privileges that had made an elite rich and resulted in reduced opportunities for everyone else. But New Zealand's socialistic past casts a long shadow, as Michael Bassett's recent excellent book, The State in New Zealand 1840–1984, reminds us. Nineteen ninety-four was a turning point. That year I received a letter from a major investment fund manager after a visit here. He too was enormously impressed by New Zealand's economic renaissance after what he described as "decades of socialism which [had] left the country bankrupt and desperate in the 1980s". Like any prudent investor, however, his concerns were forward- looking. "Now that most of the damage has been repaired and things are going well", he said, the country appeared to be lapsing back into its old habits. "For that reason … we are reducing our exposure to New Zealand." By 1994 Ruth Richardson had been dumped from office. Like David Lange before him, Jim Bolger had decided that staying in the competitive race was too hard. He stopped rowing and opted for the job of helmsman, but sadly his steering skills were no better. New Zealand has been drifting ever since and is now dangerously close to the rocks again. In 1994, both economic growth and business confidence peaked. Soon after the public sensed that things were on the wrong track. In the regular Insight poll those who believed New Zealand was heading in the right direction peaked at 57 percent in August 1995. The number has fallen steadily to 25 percent today. It's not hard to see why New Zealand is again in deep trouble. Key failures of Sir Robert Muldoon – the Great Spendthrift and Timid Gradualist – were repeated by his National Party successor. The massive blow-out in government spending began in 1994 and was exacerbated by the coalition agreement. Policy paralysis set in that year and was made worse by MMP (Mixed Member Proportional electoral system). Even our near neighbour, Australia – second only to New Zealand as an economic under-performer – has moved ahead with deregulation, privatisation, tax reform, central bank independence and government spending restraint, which has yielded a budget surplus. The consequences for New Zealand of four years of economic mismanagement, combined with a difficult external environment, are an economy in recession, unemployment on a rising trend, a weak external account, a credit rating downgrade, a steep fall in the currency, a budget that is back in deficit again and, most telling of all, a big outflow from the country of talented people. What is extraordinary is that many New Zealanders have not figured out that the story of our economic life since 1984 has been one of two waves of reform, followed respectively by a teabreak and a long lunch. Jim Anderton, for example, thinks it's a story of "15 years of failed policies" and would take us back to the pre-1984 era. What this view completely overlooks is Jim Bolger's departure from a disciplined economic framework, partly in response to the Alliance Party's success in the 1993 election, and the further departure under the coalition with Winston Peters, whose explicit goal was to 'moderate' what he maintained were 'harsh', 'uncaring' policies.
Recommended publications
  • The Formation of Policy on Treaty of Waitangi Claims in the Pioneering Years, 1988-1998
    Settling Treaty Claims: The Formation of Policy on Treaty of Waitangi Claims in the Pioneering Years, 1988-1998 Therese Suzanne Crocker A thesis submitted to the Victoria University of Wellington in fulfilment of the requirements for the degree of Doctor of Philosophy Victoria University of Wellington 2016 ABSTRACT For the past quarter-century the New Zealand government has negotiated with Māori groupings to find ways of compensating for the Crown’s historical breaches of the Treaty of Waitangi. The negotiations take place between mandated claimant negotiators and officials who represent the executive arm of government; the resultant settlements are then endorsed by legislation that declares them to be ‘full and final’ resolutions of historical grievances. This thesis analyses the way New Zealand governments conceived, introduced and implemented policies to address the claims during the pioneering years 1988–1998. The foundational policies worked out in this decade bedded-in the Treaty claims settlement processes which are now nearing their end. Through examining official archives, the thesis finds that these processes initially emerged as policy-driven responses to a combination of factors, such as the broad context of the ‘Māori Renaissance’, social shifts in understanding the past, legal cases and political pressure from iwi. The thesis goes on to explore several years of experimental negotiations and policy formulation which culminated in the Crown’s presentation in 1994 of both a suite of draft policies intended to offer a comprehensive approach to the negotiations process and a notional quantum of $1 billion to settle all historical claims (the ‘fiscal envelope’). It demonstrates that while this package was introduced to shape and contain the emergent settlement mechanisms and their outcomes, policies continued to be modified in highly significant ways.
    [Show full text]
  • Research Commons at The
    http://researchcommons.waikato.ac.nz/ Research Commons at the University of Waikato Copyright Statement: The digital copy of this thesis is protected by the Copyright Act 1994 (New Zealand). The thesis may be consulted by you, provided you comply with the provisions of the Act and the following conditions of use: Any use you make of these documents or images must be for research or private study purposes only, and you may not make them available to any other person. Authors control the copyright of their thesis. You will recognise the author’s right to be identified as the author of the thesis, and due acknowledgement will be made to the author where appropriate. You will obtain the author’s permission before publishing any material from the thesis. Insecure Here, Precarious There? Workfare-style Welfare Provision in the Age of Precarious Employment in Aotearoa New Zealand A thesis submitted in partial fulfilment of the requirements for the degree of Master of Social Sciences in Social Policy in the Division of Arts, Law, Psychology and Social Sciences at The University of Waikato by Dayna Erin East 2020 Abstract Aotearoa New Zealand’s adoption of workfare, beginning in the late 1980s, was designed to reduce welfare dependency and reinforce employment as the pathway to greater wellbeing. Concurrent with these policy developments in welfare provision were changes in the labour market, which led to an increase in employment arrangements that can be considered precarious. Feminist literature highlights that women are more negatively impacted by these kinds of changes to the welfare system and the labour market.
    [Show full text]
  • The Effectiveness of Tax Reviews in New Zealand: an Evaluation and Proposal for Improvement
    THE EFFECTIVENESS OF TAX REVIEWS IN NEW ZEALAND: AN EVALUATION AND PROPOSAL FOR IMPROVEMENT The Centre for Commercial and Corporate Law Inc 2020 i The Effectiveness of Tax Reviews in New Zealand: An Evaluation and Proposal for Improvement Published in Christchurch by The Centre for Commercial & Corporate Law Inc School of Law, University of Canterbury Private Bag 4800, Christchurch, New Zealand ISBN 978-0-473-52769-3 This publication is copyright. Other than for the purposes of and on the conditions prescribed by the Copyright Act no part of this publication may be reproduced, stored in a retrieval system or transmitted, in any form or by any means whether electronic, mechanical, microcopying, photocopying, recording or otherwise without the prior written permission of the copyright owner(s). The publisher, authors and editors expressly disclaim any and all liability to any person whether a purchaser of this publication or not in respect of anything or the consequences of anything done or omitted in reliance in whole or part. Published by the University of Canterbury ii Foreword FOREWORD This book proposes the establishment of a New Zealand Taxation Review Commission (NZTRC). It develops its argument for this in two ways. First, there is a survey of ad hoc tax reviews between 1922 and 2019. This survey ends with an analysis of the learnings that can be drawn from these reviews and draws together some thoughts on the characteristics of ‘best practice’ for review committees. Secondly, lessons are sought from a selection of permanent bodies that consider aspects of tax policy in a number of other countries.
    [Show full text]
  • New Zealand 1 │
    NEW ZEALAND 1 │ Taxing Energy Use 2019: Country Note - New Zealand This note explains how New Zealand taxes energy use. The note shows the distribution of effective energy tax rates – the sum of fuel excise taxes, explicit carbon taxes, and electricity excise taxes, net of applicable exemptions, rate reductions, and refunds – across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base. The note complements the Taxing Energy Use 2019 report that is available at http://oe.cd/TEU2019. The report analyses where OECD and G20 countries stand in deploying energy and carbon taxes, tracks progress made, and makes actionable recommendations on how governments could do better to use taxes to reach environmental and climate goals. The general methodology employed to calculate effective energy tax rates and assign tax rates to the energy base is explained in Chapter 1 of the report. The official energy tax profile for New Zealand can be found in Chapter 2 of the report. Chapter 3 additionally shows effective carbon tax rates per tonne of CO2, and presents the corresponding carbon tax profiles for all countries. The report also contains StatLinks to the official data. Structure of energy taxation in New Zealand As at 1 July 2018,1 the main taxes on energy use in New Zealand are the following: • Excise taxes, earmarked to the National Land Transport Fund (NLTF), apply to gasoline, LPG and CNG, methanol when used for propellant purposes. • As at 1 July 2018, gasoline and diesel used in the Auckland region is additionally subject to a surcharge of NZD 0.10 per litre.2 • In addition, several levies apply at very low rates, compared to the excise taxes.
    [Show full text]
  • Annual Report 2004/2005
    F.7 Annual Report 2004/2005 F.7 Annual Report of the Transport Accident Investigation Commission Te Komihana Tirotiro Aitua Waka for the period 1 July 2004 to 30 June 2005 Presented to the House of Representatives as required by section 150 of the Crown Entities Act 2004. October 2005 Annual Report 2004/2005 1 27 October 2005 Minister of Transport Parliament Buildings WELLINGTON Dear Minister In accordance with section 150 of the Crown Entities Act 2004, the Commission is pleased to submit, through you, its 14th Annual Report to Parliament for the period 1 July 2004 to 30 June 2005. Yours faithfully Hon W P Jeffries Chief Commissioner 2 Annual Report 2004/2005 F.7 Table of Contents The Commission............................................................................................................................... 4 Offices of the Transport Accident Investigation Commission ......................................................... 5 Chief Commissioner’s Overview ..................................................................................................... 6 Chief Executive’s Report.................................................................................................................. 9 Chief Investigator of Accident’s Report......................................................................................... 11 What is Involved in an Investigation? ............................................................................................ 13 Functions, Responsibilities and Powers ........................................................................................
    [Show full text]
  • The Comparative Politics of E-Cigarette Regulation in Australia, Canada and New Zealand by Alex C
    Formulating a Regulatory Stance: The Comparative Politics of E-Cigarette Regulation in Australia, Canada and New Zealand by Alex C. Liber A dissertation submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy (Health Services Organizations and Policy) in The University of Michigan 2020 Doctoral Committee: Professor Scott Greer, Co-Chair Assistant Professor Holly Jarman, Co-Chair Professor Daniel Béland, McGill University Professor Paula Lantz Alex C. Liber [email protected] ORCID iD: 0000-0001-7863-3906 © Alex C. Liber 2020 Dedication For Lindsey and Sophia. I love you both to the ends of the earth and am eternally grateful for your tolerance of this project. ii Acknowledgments To my family – Lindsey, you made the greatest sacrifices that allowed this project to come to fruition. You moved away from your family to Michigan. You allowed me to conduct two months of fieldwork when you were pregnant with our daughter. You helped drafts come together and were a constant sounding board and confidant throughout the long process of writing. This would not have been possible without you. Sophia, Poe, and Jo served as motivation for this project and a distraction from it when each was necessary. Mom, Dad, Chad, Max, Julian, and Olivia, as well as Papa Ernie and Grandma Audrey all, helped build the road that I was able to safely walk down in the pursuit of this doctorate. You served as role models, supports, and friends that I could lean on as I grew into my career and adulthood. Lisa, Tony, and Jessica Suarez stepped up to aid Lindsey and me with childcare amid a move, a career transition, and a pandemic.
    [Show full text]
  • Politician Overboard: Jumping the Party Ship
    INFORMATION, ANALYSIS AND ADVICE FOR THE PARLIAMENT INFORMATION AND RESEARCH SERVICES Research Paper No. 4 2002–03 Politician Overboard: Jumping the Party Ship DEPARTMENT OF THE PARLIAMENTARY LIBRARY ISSN 1328-7478 Copyright Commonwealth of Australia 2003 Except to the extent of the uses permitted under the Copyright Act 1968, no part of this publication may be reproduced or transmitted in any form or by any means including information storage and retrieval systems, without the prior written consent of the Department of the Parliamentary Library, other than by Senators and Members of the Australian Parliament in the course of their official duties. This paper has been prepared for general distribution to Senators and Members of the Australian Parliament. While great care is taken to ensure that the paper is accurate and balanced, the paper is written using information publicly available at the time of production. The views expressed are those of the author and should not be attributed to the Information and Research Services (IRS). Advice on legislation or legal policy issues contained in this paper is provided for use in parliamentary debate and for related parliamentary purposes. This paper is not professional legal opinion. Readers are reminded that the paper is not an official parliamentary or Australian government document. IRS staff are available to discuss the paper's contents with Senators and Members and their staff but not with members of the public. Published by the Department of the Parliamentary Library, 2003 I NFORMATION AND R ESEARCH S ERVICES Research Paper No. 4 2002–03 Politician Overboard: Jumping the Party Ship Sarah Miskin Politics and Public Administration Group 24 March 2003 Acknowledgments I would like to thank Martin Lumb and Janet Wilson for their help with the research into party defections in Australia and Cathy Madden, Scott Bennett, David Farrell and Ben Miskin for reading and commenting on early drafts.
    [Show full text]
  • 'About Turn': an Analysis of the Causes of the New Zealand Labour Party's
    Newcastle University e-prints Date deposited: 2nd May 2013 Version of file: Author final Peer Review Status: Peer reviewed Citation for item: Reardon J, Gray TS. About Turn: An Analysis of the Causes of the New Zealand Labour Party's Adoption of Neo-Liberal Policies 1984-1990. Political Quarterly 2007, 78(3), 447-455. Further information on publisher website: http://onlinelibrary.wiley.com Publisher’s copyright statement: The definitive version is available at http://onlinelibrary.wiley.com at: http://dx.doi.org/10.1111/j.1467-923X.2007.00872.x Always use the definitive version when citing. Use Policy: The full-text may be used and/or reproduced and given to third parties in any format or medium, without prior permission or charge, for personal research or study, educational, or not for profit purposes provided that: A full bibliographic reference is made to the original source A link is made to the metadata record in Newcastle E-prints The full text is not changed in any way. The full-text must not be sold in any format or medium without the formal permission of the copyright holders. Robinson Library, University of Newcastle upon Tyne, Newcastle upon Tyne. NE1 7RU. Tel. 0191 222 6000 ‘About turn’: an analysis of the causes of the New Zealand Labour Party’s adoption of neo- liberal economic policies 1984-1990 John Reardon and Tim Gray School of Geography, Politics and Sociology Newcastle University Abstract This is the inside story of one of the most extraordinary about-turns in policy-making undertaken by a democratically elected political party.
    [Show full text]
  • Stakeholder Engagement Strategies for Designating New Zealand Marine Reserves
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by ResearchArchive at Victoria University of Wellington Stakeholder engagement strategies for designating New Zealand marine reserves: A case study of the designation of the Auckland Islands (Motu Maha) Marine Reserve and marine reserves designated under the Fiordland (Te Moana o Atawhenua) Marine Management Act 2005 Thesis submitted in partial fulfilment of the requirements for the Degree of Master of Development Studies at Victoria University of Wellington By James Mize Victoria University of Wellington 2007 "The use of sea and air is common to all; neither can a title to the ocean belong to any people or private persons, forasmuch as neither nature nor public use and custom permit any possession thereof." -Elizabeth I of England (1533-1603) "It is a curious situation that the sea, from which life first arose should now be threatened by the activities of one form of that life. But the sea, though changed in a sinister way, will continue to exist; the threat is rather to life itself." - Rachel Carson , (1907-1964) The Sea Around Us , 1951 ii Abstract In recent years, marine reserves (areas of the sea where no fishing is allowed) have enjoyed increased popularity with scientists and agencies charged with management of ocean and coastal resources. Much scientific literature documents the ecological and biological rationale for marine reserves, but scholars note the most important consideration for successful establishment reserves is adequate involvement of the relevant stakeholders in their designation. Current guidance for proponents of marine reserves suggests that to be successful, reserves should be designated using “bottom-up” processes favouring cooperative management by resource-dependent stakeholders, as opposed to “top-down” approaches led by management agencies and international conservation organizations.
    [Show full text]
  • New Zealand Wars
    NEW ZEALAND between the WARS NZBTW_TXT_FINAL.indd 1 15/06/17 3:12 PM NEW ZEALAND between the WARS EDITED BY RACHAEL BELL NZBTW_TXT_FINAL.indd 2 15/06/17 3:12 PM NEW ZEALAND between the WARS EDITED BY RACHAEL BELL NZBTW_TXT_FINAL.indd 3 15/06/17 3:12 PM First published in 2017 by Massey University Press Private Bag 102904, North Shore Mail Centre Auckland 0745, New Zealand www.masseypress.ac.nz Text copyright © individual contributors, 2017 Images copyright © as credited, 2017 Design by Kate Barraclough Cover images: Alexander Turnbull Library: 1/1-015781-F (fridge advertisement), 1/4-101871-G (art deco house), WA-32803-F (Mohaka Viaduct), MNZ-2461-1/4-F (school milk), 1/4-049203-G (Michael Joseph Savage), 1/2-044670-F (Penrose relief camp), PACOLL-0001-2-1-008 (Mangatoi Station), 1/2-045468-G (Girl Guide and scout rally), 1/4- 016931-G (Duke and Duchess of York visiting St Paul’s Cathedral); West Coast New Zealand History/Friends of the Hill Society (Depression-era soup kitchen); and author’s collection. The moral right of the authors has been asserted All rights reserved. Except as provided by the Copyright Act 1994, no part of this book may be reproduced, stored in or introduced into a retrieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the prior written permission of both the copyright owner(s) and the publisher. A catalogue record for this book is available from the National Library of New Zealand Printed and bound in China by Everbest Ltd ISBN: 978-0-9941363-6-7 The publisher gratefully acknowledges the support of the W.
    [Show full text]
  • An Exploratory Overview of Property Taxation in the Commonwealth of Nations Riël C.D. Franzsen and William J. Mccluskey
    An Exploratory Overview of Property Taxation in the Commonwealth of Nations Riël C.D. Franzsen and William J. McCluskey © 2005 Lincoln Institute of Land Policy Working Paper The findings and conclusions of this paper are not subject to detailed review and do not necessarily reflect the official views and policies of the Lincoln Institute of Land Policy. Please do not photocopy without permission of the authors. Contact the authors directly with all questions or requests for permission. Lincoln Institute Product Code: WP05RF1 Abstract This study provides an overview of the property tax systems in the 53 member states of the Commonwealth of Nations, as well as Zimbabwe (a member state until its withdrawal in 2003) and Montserrat, a British dependency. An annual tax on property is levied in 49 of the 55 countries studied. For a variety of reasons property tax is not utilised optimally in any one of the 46 developing countries studied. However, it is generally recognised in most of these countries that property tax could and should become a more important source of own revenue for especially urban municipalities or, in respect of the various small island states in the Caribbean and the Pacific region, where local government does not exist, at central government level. Although comprehensive property tax legislation exists in most of the jurisdictions studied, giving practical effect to the provisions of the law presents problems in many of these countries – with the developed countries the general exceptions. A wide variety of tax bases are used and typically the property tax coverage in many if not most of the developing countries is unsatisfactory.
    [Show full text]
  • Winebox Guide
    About The Author Ian Wishart is an award-winning investigative journalist, with extensive experience in newspaper, magazine, radio and television journalism since 1982. He is also the author of the No. 1 bestseller, The Paradise Conspiracy, and Ian Wishart’s Vintage Winebox Guide. Lawyers, Guns & Money is his third book. For Matthew & Melissa Lawyers, Guns & Money A true story of horses & fairies, bankers & thieves… by Ian Wishart Howling At The Moon Publishing Ltd This book is dedicated to the broken hearts, broken promises, broken homes and broken dreams of all of those affected by both the Winebox Inquiry and the film and bloodstock investigations. This edition published 2011 (September) by Howling At The Moon Publishing Ltd PO Box 188, Kaukapakapa Auckland, New Zealand Copyright © Ian Wishart, 2011 The moral rights of the author have been asserted. Lawyers, Guns & Money is copyright. Except for the purpose of fair reviewing, no part of this publication may be copied, reproduced or transmitted in any form or by any means, including via technology either already in existence or developed subsequent to publication, without the express written permission of the publisher and author. All rights reserved. Print Edition ISBN 978-0-958-35684-8 Typeset in Adobe Garamon Pro, Chaparral Pro and Frutiger Edited by Steve Bloxham Book design and layout by Bozidar Jokanovic Contents prologue��������������������������������������������������������������������������������������������������������������������������������������������������������������������7
    [Show full text]