Herald Issue 712 09 April 2014

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Herald Issue 712 09 April 2014 PB COOK ISLANDS HERALD9 April 2014 $2 (incl VAT) Cakes for all ocassions! Edgewater Cakes Enquiries call us on 25435 extn 7010 Sunset BarBQs at the Shipwreck Hut Saturday Seafood menu with Jake Numanga on the Ukulele 6pm Tuesday Sunset BBQ with Garth Young on Piano 6pm Thursday Sunset Cocktails with Rudy Aquino 5.30pm-7.30pm Reservations required 22 166 Aroa Beachside Inn, Betela Great Food, Great Entertainment Goldmine Model, Ashleigh wearing Always the best earrings, a necklace and bracelet from selection, best price & best Goldmine service at Goldmine! POWERBALL RESULTS Drawn: 3/4/14 Draw num: 933 PB TATTSLOTTO RESULTS Drawn:5/4/14 Draw num: 3413 SUPP: OZLOTTO RESULTS Drawn:8/4/14 Draw num: 1051 Next draw: SUPP: Cook islands Herald 09 April 2014 2 Brown’s scoffing demonstrates a few loose screws ne thing’s for sure, the local investors to prepare a way Minister of Finance forward. The advertising period OMark Brown loves to may be intervened by Cabinet hear the sound of his own when in fact it is a Board decision voice to the detriment he is to do or not to. becoming a contradiction of To say the CINSF is out of his own confession. In this bounds to local investments is unprecedented age of evolving further evidence Brown lacks digital technology, social media innovation and is visionless for expansion has simplified the pursuit of forward solutions. capturing voice and images and The fund is protected from storage capacity to the extent political looters but approached public personalities can be in a genuine manner the scrutinised like never before. possibilities exist. In this context memory First Neves must be removed recall is an affordable reality as the acting Chairman for he that can become a haunting is against local investment in threat to those who need to be TCI, then the existing Board can calculating and prudent with Mark Brown approach the fund managers what comes out of their mouth. in the face of all bar three of the local investment opportunities. Aon Hewitt NZ and the Public With this in mind Brown will be 120 TCI staff. If he had any sense of morality Trust in Wellington and seek held to ransom and snared by For years TCI has been a those who Brown highly advice or a request to do due the words of his own mouth. successful operation despite offended ought to be publically diligence as to the viability of Political advertising that reminds nearly a hundred percent staff apologised to in the next sitting increasing local ownership of a candidate what they said past of locals, a fact lost on Brown. of the House. TCI. How hard is that? tense can easily cripple one’s Ignored as part of the TCI It is absolutely scandalous that With more than $70 million chances of success if exploited matrix, Brown and Neves made the heartless Brown has failed in the CINSF, local investments by a switched on public relations numerous media comments to support and ensure the well if they stack up must be given hireling. that hurt and confused TCI being of Cook Islanders, this some consideration. Another Brown’s untidy and arrogant staff. The proposed shedding of alone should be one reason he consideration is that the use of rhetoric will be the ruin of staff by the likely new owners is dumped by the voters at the Government on behalf of local a political career that promised Digicel was seen by Neves as next elections. investors be they rich or poor so much, his heartless soul is a cure for inefficiency rather Any suggestions the sale would purchase the 20 percent sold reflected by his harsh attitude and than understanding the multi be subject to local intervention to Telecom NZ in 1996/97. This comments about and to the elderly located company had a central or objection fired the retaliation would cost within the vicinity of who have pleaded with him to lift business model that substituted of Brown and Neves. When BTIB $7 million which is permissible the burden of back taxes. management duplication. chairman George Pitt publically by law for CINSF to do so. Brown’s recent comments Because Brown and Neves reminded those involved in When the Cook Islands sold 20 about purchasing the New were overcome with the the pre sale negotiations BTIB percent to TNZ the agreement Zealand Telecom’s majority prospect of a quick $7 million required compliance conditions included the Cook Islands right shareholding through the Cook for the sale of 20 percent of to be met by both foreign parties to buy back those shares. This Islands National Superannuation the local shareholding, money he was promptly sacked for may be a way to regain the Fund (CINSF) were careless and overshadowed the fact Cook incompetence and misconduct. majority shareholding that can shallow again reflecting a rattling Island workers and the welfare As it has turned out Telecom be the initial step in a gradual one brain and an inner self lacking of their families, not to mention NZ is advertising for local hundred percent buy out process. mature substance. the landowners gave them a interested buyers and Digicel Brown’s failure to even try to Premature media comments right to be part of a sale process. has conceded to applying for a secure the gilt edge investment by Brown dismissing the Instead they were purposefully Foreign Enterprise Registration of TCI which would preserve local potential investment value overlooked and shut out of contrary to what Neves and jobs and build independence is to the nation by purchasing any participation let alone Brown had advised them. a shameful disgrace of political options by Telecom NZ did knowledge of the proceedings. The next move for BTIB is to ineptness and characteristic of nothing but undermined the Just as dumb was Brown’s extend the advertising period for the CIP trait of big talk but small confidence of the highly skilled illogical response in a TNZ to three months or for the on delivery. local TCI workers. To suggest Parliamentary question time same duration it took Digicel to If there is a seminar for political a one hundred percent local last week when he verbally complete their due diligence. speech therapy, Brown needs to ownership of TCI would become lambasted Cook Islanders for (About six months) This will enrol before he drowns himself a liability was nothing but a slap being wealthy and interested in give a realistic lead time for in words of stupidity. - George Pitt PB Cook islands Herald 09 APril 2014 news 3 A classless society no more By Charles Pitt credibility will increasingly Cook Islands society has The “have nots” can now id you notice the come under scrutiny. always been a “flat-line be identified by way of an worried looks on The tax review and the society” where everyone RMD-Revenue Management D the faces of the CIP taxing of the NZ and also local regardless of wealth or social Division- serial number and leadership at parliament pensions is explained away by standing is equal, considered the level of their handouts. last Wednesday when facing Brown as an attempt to create equal and sit down at the (When the local pension was the anger from Grey Power a more level playing field, give same table. You won’t see this non-taxable, there was no members who marched on a helping hand up to those on in many other countries. It is need for pensioners to have parliament? lesser incomes, to create more what makes the Cook Islands an RMD number). That worry is very real fairness in the tax system. unique. In other countries, Not only that, there is the because the realization of While the intention on the the likes of Trevor Clark travel emotional stigma of being the capacity for Grey Power part of the Minister may have in a limo, only eat at the finest told by government that members, especially the been to help those less well restaurants, have body guards based on income, you are staunch CIP Grey Power lot, off, it has not come across and don’t talk to poor people. part of a lesser sub group. It is to alter voting patterns at that way. In essence the Here, anyone can stop Trevor economic apartheid. the next general election, is review has been a “top down” in the street and talk to him. Neves, Haig and co may beginning to bite home. exercise where highly paid We have been the ultimate not worry. Their high, out of The PM will not want to be ex-pat public servants and example of what a classless place salaries will see them remembered as the leader of private sector businessmen society is all about but now right. Neves is on around a one term government. The are telling the lower classes thanks to the expatriate mob $300,000. Haigh receives DPM can see his chances of this is what you are going to in MFEM who lack all sense around $100,000. Webb, becoming PM slipping away. get. In this country, changes of cultural sensitivity- that is despite his lack of real It is rumoured that Finance to the tax system have changing. experience, is rumoured to be Minister Brown, thanks to usually been a “bottom up” The Cook Islands is being on $90,000. ($40,000 from the the folly of Neves/ Haigh affair. Remits for tax changes turned into a society of CI government and $50,000 and Webb, has already lost come up from the Punas to “haves” and “have nots.” chipped in by NZ).
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