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Herald Issue 716 07 May 2014

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Herald Issue 716 07 May 2014 PB COOK ISLANDS HERALD7 May 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 Naomi wearing a necklace, bracelet, Always the best selection, best earrings and ring from price & best Goldmine service at Goldmine! POWERBALL RESULTS Drawn: 1/5/14 Draw num: 937 PB TATTSLOTTO RESULTS Drawn:3/5/14 Draw num: 3421 SUPP: Now OZLOTTO RESULTS Was $249 Drawn: 6/5/14 Draw num: 1055 Next draw: SUPP: Covers available for Huawei Y210 & Y320 Ph# 24979 Cook islands Herald 07 May 2014 Opinion 2 CIP and Demos to get warning, stop using public property for campaigning The Democatic Party sign that Dashwood says must be removed immediately he Cook Islands Party (CIP) It has be drawn to Dashwood’s property can’t be used for about political parties using and the Democratic Party attention that both Parties are political electioneering,” stated public property and equipment T(DP) are about to get a stern using tax funded property and Dashwood. for electioneering. It simply isn’t warning from Julian Dashwood equipment for campaigning. Neither Party can deny allowed said a former NZ public the Chairman of the Cook Islands Dashwood affirms this practise their abuse of public property. servant. Investment Corporation (CIIC) has to stop immediately. There Newspaper advertising has Dashwood agreed both In a bold move of impartiality is a difference in the use of tax stated where meetings were to Parties should be setting good and integrity Dashwood will funded property and equipment be held. governance practices as an instruct both Parties to stop for governance but Party He also said he will be writing example to the public especially using public property and tax electioneering has to be done to both of them to cease as tax payers have become more funded equipment for political elsewhere. prohibited use immediately. vigilant and vocal about political electioneering. The CIP are using Minister of Asked what action he would abuses. Dashwood is unconcerned Finance Mark Brown’s Ministerial take if the Parties defied When questioned, the about past practises but is offices and equipment while complying with his instructions, unafraid Dashwood answered insisting the public have lost the DP is using the Office of Dashwood said it will be enforced he would not be swayed by tolerance with political abuses the Leader of the Opposition as with court action and the public political pressure because the and he wants to raise the their campaign headquarters. will make their own judgment on right thing had to prevail, “CIIC standards to ensure the public The political sign erected at the credibility and integrity of is not a political puppet of the do not lose confidence in CIIC the Opposition office has to be those who continued. government of the day.” and it’s good governance. removed immediately. “Public New Zealand has strict rules - George Pitt The CIP is no t wor king. People are still leaving. The Government is too busy going on tour. AdAnd Min isters keep travelling overseas. PB Cook islands Herald 07 May 2014 news 3 ADB view of economy too one sided By Charles Pitt local banks have the lowest There has been no In order to grow our he recent photo of profit margin in the Pacific, recent survey to determine economy, a significant leap our Finance Minister around 10%. Other Pacific the average household forward will be required Tposing with the ADB nations provide these banks disposable income. While in terms of investment. chief (with both grinning) with profit margins of 25%- government plans a survey However government suffers and the ADB comment that 30%. While non-performing sometime in the near future, from a micro-mentality the Cook Islands had the best loans are high, these can be the survey is likely to reveal inflicted by years of “drip performing economy in the reduced by lowering interest that many families have no feed” aid from New Zealand Pacific, reveals government rates. disposable income. and Australia. It has created has achieved a new height The ADB should take a Parents still need to run a “think small” attitude. of absurdity. wider view but the danger raffles and sell food to raise We have to break out of I’m not an Economist but in this is that the ADB funds for school items that this mentality and perhaps I have two eyes in my head will have no choice but to should be paid for out of look elsewhere for the large that can see that many comment unfavourably on Ministry allocations. sums of low interest finance ordinary Cook Islanders are government policy and I By the time the needed to fund development having a tough time making was advised some years ago infrastructure and in the private sector. In this ends meet. by the ADB’s regional office renewable energy projects regard, China may hold the If ours is the best Chief from Suva that this have been completed, more key. However, it seems while performing economy in the was a no, no. than $200 million will have NZ is keen to do business Pacific what does that say The truth is the economy is been spent. However, as far with the Chinese, NZ is not for the other Pacific nations? not performing well. MFEM’s as I know, no cost/ benefit so keen on the Cook Islands What the ADB chief pre-election fiscal and exercise has been carried out courting the Chinese. should be saying to our economic update reveals to determine the percentage When commenting on Finance Minister is, get there will be an underlying return to the economy from the economy, a wider view your economy right or your budget deficit for the next the amount spent. should be taken. country will go down the three years. There is no room toilet. for new initiatives unless SWITCH ON WITH All around the world, savings are made in other ordinary citizens have taken areas. For years, MFEM has Te Aponga Uira to the streets in protest at been warning governments Boil the kettle with just their government’s failure that operations expenditure to get their economies right. is reaching unsustainable enough water Government’s have put the levels. Crunch time is now interests of bankers before just around the corner and the welfare of their people. it is possible some public In the Cook Islands greater servants may lose their jobs. weight seems to be given This would be disasterous. by government to meeting Other data points to an fiscal responsibility ratios economy in bad shape. The (FRRs) set years ago by latest Census shows that the bankers, than the welfare of average wage for a woman ordinary Cook Islanders. is $3,000 below that for a Economic development is male. What’s happened to being stifled by government’s equal pay? dogged adherence to these While the unemployment FFRs and the high interest rate nationally is around rates set by foreign owned 8%, on Rarotonga the banks. unemployment rate among The local banks say the those aged 15 years and up Kettles are very energy intensive. Boiling the kettle high rates are because of who are actively seeking for one cup of tea could use more energy than your high country risk. However, it work, is 58.8%. This figure is PC uses in one hour! is more likely the banks want too high. Using only the water that you need reduces the to maintain a certain level of Almost half the population time it takes to boil the kettle, which reduces the profit. The banking review amount of energy consumed. is on some form of benefit. This is a very simple step that many people are carried out by an ex-CEO Mangaia has the highest already taking and it makes a massive difference! of Kiwi Bank revealed our number on the destitute www.teaponga.com benefit. Cook islands Herald 07 May 2014 Opinion 4 CCECC joins Heather’s corrupted chorus of lies he China Civil Engineering have had preferential treatment Construction Corporation’s from Heather and Finsec Richard T(CCECC) latest media Neves. release was so misleading it is like Does the sign on the main road the Te Mato Vai Master Plan, full in Panama now make sense? of holes. Claims their tendering Disgruntled contractors are process was fair and transparent remaining silent for fear of being are just plain unconvincing excluded from sub contractor lies. When will they learn, this work Heather will share out. isn’t China were the masses Potential sub contractors have are conditioned to believe and already given T&M Heather their accept whatever propaganda the quotes prior to the CI Herald’s authorities propagate? March 5 exposure of Heather’s Neither is this China where preferential dealings with the thousands of their own people secretive CCECC. are executed each year for the On Radio Cook Islands while on most trivial things including the CIP talk back programme on disagreeing with the Republic Friday 2 May Heather continued (Amnesty International web site). to deny any wrong doing as the This is the Cook Islands where Does the sign on the road in Panama now make sense? Minister of ICI and being the freedom of the media prevails, biggest financial benefactor of questions aren’t restricted magnitude can’t be put together when Mr Nie said there will be no the TMV contract.
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