Friday, June 23, 2017

Frank Newman: The arrival of Amazon

There is increasing discussion in the business press about the changing nature of retail spending and the affect this is having on the demand for retail space. This is a matter of keen interest to commercial property investors.

The debate on this issue has become more prevalent in Australia, with the imminent arrival of Amazon.  In April Amazon announced it was looking for a location for an Australian distribution facility, and said it was about to establish a branch office in Australian to oversee its operations. It is quite likely that it will use the Australian base to service its New Zealand customers.

Mole News

Maori prison proposition an oxymoron
How can you run a prison on Maori values when our ancestral tikanga [customs] never used imprisonment as a form of social control? Either the values get watered down or the adherence to any form of tikanga is solely used as a justification to perpetuate the high levels of incarcerated Maori.

Thursday, June 22, 2017

Matt Ridley: Post-election blues

For those of us who want a clean Brexit and who champion freedom and innovation rather than socialism, the election result was a shattering disappointment. It reduced the party that most embraces free enterprise to a minority in the House of Commons and leaves us with a diminished and humiliated government less likely to win crucial concessions from a European Union emboldened to be more punitive — all against a background of teenager-murdering theocracy.

But, as the first shock fades, I am finding a few crumbs of comfort. Not optimism exactly, but glimmers of light amid the gloom. Here is my top ten.

Brian Gaynor: GDP data for March quarter won’t dent NZ’s allure

New Zealand’s March quarter gross domestic product (GDP) figures, which will have an important influence on the upcoming general election, were released this week.

Although the June quarter figures will be released on September 21, two days before the election, the March quarter figures will receive most of the political attention. This is because the National Government will boast about its great economic management while the opposition parties will argue that the benefits of our recent economic success have not been evenly distributed.

David Skilling: Just when you think it’s safe

One year on from the Brexit vote in June 2016, the UK is going around in circles with no political consensus on how to approach the negotiations – or even what they would like to achieve.  There is not a sufficiently large constituency for the hard Brexit approach seemingly favoured by PM May.  This opens the door for a softer, more pragmatic Brexit, with lower economic costs – but also raises the odds of the UK crashing out of the EU with no deal.

But relative to the concerns that were held in the shocked aftermath of the initial Brexit vote, the fallout has been localised. 

Wednesday, June 21, 2017

Karl du Fresne: New Zealand's accountability deficit

When did you last hear of a judge resigning because honour demanded it, or to atone for a catastrophic error?

The most recent example I can think of is former District Court judge Robert Hesketh, who did the honourable thing by quitting in 1997 after pleading guilty to charges arising from fraudulent expense claims.

His fellow judge Martin Beattie faced similar charges but chose to fight them and was acquitted.

Tuesday, June 20, 2017

Tony Orman: Unity is Being Eroded by Division

Recently in the US, at an “Over-population Conference”  in Washington DC, a former  Governor of Colorado Richard D Lamm spoke on the startling subject, how to destroy America. 
Before he spoke an eminent college professor Victor Hansen Davis talked about his latest book, 'Mexifornia,' explaining how immigration - both legal and illegal was destroying the entire state of California.

Sunday, June 18, 2017

NZCPR Weekly: Lessons from the UK Election

Dear NZCPR Reader,   

This week, we look into the recent UK election to see what lessons we can learn, our NZCPR Guest Commentator House of Lords Member Richard Balfe shares his analysis of the British election, and with New Zealand’s General Election less than 100 days away, this week’s poll asks for your predictions of which parties you believe will form the next Government. .

*To read the newsletter click HERE.
*To register for the NZCPR Weekly mailing list, click HERE.

Friday, June 16, 2017

David Skilling: When China shakes the world

After another bad week for Western (or more precisely, Anglo) political leadership – from the revelations in Mr Comey’s Senate testimony, to the political uncertainty in the UK after a remarkably poor election campaign – it is worth thinking about China’s emerging position of global leadership.

This emergence is partly due to US withdrawal on global issues like trade and climate change. But the behaviour of the US is simply accelerating what was an inevitable rebalancing of economic and political leadership.  China overtook the US as the world’s biggest economy (in PPP terms) in 2014, and may well become the largest economy on market exchange rates in the next few decades (although there are many risks to this, as noted below).

GWPF Newsletter: The World’s New Energy Superpower

The Fourth Industrial Revolution Is Fueled By Oil & Gas

In this newsletter:

1) US Shale Revolution & Free Trade Create The World’s New Energy Superpower
Editorial, The Wall Street Journal, 16 June 2017
2) The Fourth Industrial Revolution Is Fueled By Oil & Gas
OilPrice, 14 June 2017 

Thursday, June 15, 2017

Richard Epstein: The Cagey Mr Comey

Former FBI Director James Comey is the star of a gripping political drama that may bring Donald Trump’s tumultuous presidency to an ignominious end. Trump will be subject to nonstop political pressure, given his unerring ability to say, or tweet, the wrong thing at the wrong time. 

Comey’s testimony was constructed to lay the foundation for the special prosecutor to make a finding that President Trump had violated the well-established statutory prohibitions against obstruction of justice.  But the obstruction charges are not confined to impolitic tweets, and, ironically, may be applicable to Comey’s own effort to influence the FBI investigation. His prepared testimony before the Senate Select Committee on Intelligence, which he followed up with his dramatic appearance before the Committee on June 8, has its undeniable surface appeal. But on closer reading, it reveals a darker side filled with self-serving allegations that should make him a target of far closer scrutiny than an uncritical and adoring press has given him.

Tuesday, June 13, 2017

GWPF Newsletter: G20 Summit - Merkel’s Anti-Trump Front Is Crumbling

1) G20 Summit: Merkel’s Anti-Trump Front Is Crumbling
Spiegel Online, 10 June 2017

2) Isolating Trump: Merkel’s G-20 Climate Alliance Is Crumbling
Spiegel Online, 9 June 2017

3) Tories Form Government With Climate-Sceptic DUP
edie News, 9 June 2017

4) UK Election: 'Nothing Has Changed'

5) And Finally: The Book Of Jeremy Corbyn
The New Yorker, 9 June 2017

Matt Ridley from the UK: Why no mention of enterprise and innovation?

Against the background of a terrorist campaign, a Tory government under a determined woman was cruising towards an easy victory against a socialist Labour party in a June election, but stumbling badly in the campaign. 

It was a dangerous world, with an impulsive American president and an undemocratic Russia and China. There was a funding crisis in the NHS and dire warnings of global environmental disaster: yes, this was 1987, the year of Margaret Thatcher’s third election victory — and of the Enniskillen bombing, shortly after, which killed 12 and injured 63.

GWPF Newsletter: The Closing of The Scientific Mind

‘Super Corals’ Are Resilient To Climate Change, Scientists Discover

In this newsletter:

1) ‘Super Corals’ Are Resilient To Climate Change, Scientists Discover
Newsweek, 9 June 2017
2) New Study: Large CO2 Emissions From Batteries Of Electric Cars
New Technology, 29 May 2017

Monday, June 12, 2017

GWPF Newsletter: Denmark Ends Green Incentives: Electric Car Sales Collapse

The Green Blob Is Outraged. Again

In this newsletter:

1) Denmark Ends Green Incentives, Electric Car Sales Collapse
Bloomberg, 2 June 2017

2) U.S. Opts Out of Signing G7 Pledge Supporting the Paris Agreement
Associated Press, 11 June 2017 

Sunday, June 11, 2017

NZCPR Weekly: Political Courage

Dear NZCPR Reader,   

This week, we look at the importance of having political leaders with the courage to stand up to ideological bullies, our NZCPR Guest Commentator Professor Richard Epstein explains why US President Donald Trump’s decision to withdraw from the Paris Climate Accord is the right thing to do, and this week’s poll asks whether you believe New Zealand should follow the lead of the US and withdraw from the Paris Accord as well.

 *To read the newsletter click HERE.
*To register for the NZCPR Weekly mailing list, click HERE.

Saturday, June 10, 2017

Frank Newman: Credit scores and simplicity

How good is your credit score? Checking is simple, and free. All you need is some details from a driver’s licence (or passport) and a click on the website It literally takes less than a couple of minutes.

A credit score is a number between 0 and 1,000 that indicates how credit-worthy you are, and how likely you are to pay your bills on time. Most credit scores are between 300 and 850. The higher the score, the better your credit rating is. A good score is more than 500.

Brian Giesbrecht from Canada: The Cultural Appropriation Controversy

The controversy surrounding “cultural appropriation” has received a huge amount of media attention. The newspapers are full of it, and CBC has seemingly endless panel discussions on the subject. Good people have lost their jobs, and abject apologies have been issued for offending a principle that was unknown until a few short years ago. 

The fact is that none of these things should have happened. “Cultural appropriation” is an idea that at one time would have been summarily dismissed for what it is: a bad idea. I can write what I want to write. Readers can read what ever they want. You can decide not to read my work, you can praise it, or you can criticize it. Case closed.

Wednesday, June 7, 2017

GWPF Newsletter: New Coal Revolution May Change Everything

The New-Generation Coal Boom

In this newsletter:

1) New Coal Revolution May Change Everything
Nikkei Asian Review, 6 June 2017 
2) The New-Generation Coal Boom
The Australian, 25 January 2017 

Tuesday, June 6, 2017

GWPF Newsletter: EU’s CO2 Emissions On The Rise, Blaming Cold Winter

The Most Important Weather Forecast Of All Time:
D-Day, June 6, 1944

In this newsletter:

1) LOL: EU’s CO2 Emissions On The Rise, Blaming Cold Winter
Energy Live News, 6 June 2017
2) 80 Graphs From 58 New (2017) Papers Show That Modern Warming Isn’t Global, Isn’t Unprecedented And Isn’t Remarkable
No Tricks Zone, 29 May 2017

Monday, June 5, 2017

David Skilling: House of Cards

The fifth series of House of Cards was released this week on Netflix, although it is not clear how we should distinguish between the fictional series and the non-fiction (perhaps science fiction?) occurring in the real-life White House.  But a house of cards remains an apt metaphor for housing markets around the world, and particularly in small advanced economies, which are deeply exposed to the process of interest rate normalisation.

In a previous edition of this note, I discussed the particular challenges that QE by large economy central banks has imposed on smaller economies, and particularly on the eight small advanced economies outside the Eurozone: Norway, Denmark, Sweden, Switzerland, Israel, Hong Kong, Singapore and New Zealand.  As price takers, each of these small economies has had to set monetary policy in a way that reflects the world interest rate (even more so for economies that are directly pegged to other currencies, Denmark to the euro and Hong Kong to the USD). 
Read more

GWPF Newsletter: Stock Markets Hit Record High After Trump Pulls Out Of Paris Deal

1) Stock Markets Hit Record High After Trump Pulls Out Of Paris Deal

Daily Express, 2 June 2017

2) Trump & The Markets: Why Are Investors Not Betting On Climate Change?
Scott Adams blog, 2 June 2017

3) Inside The ‘Resistance’ To The Paris Climate Accord And How They Held Trump To His Promise
Daily Caller, 2 June 2017

4) Nigel Lawson: Unilateral Decarbonisation Is A Miserable Fantasy
The Daily Telegraph, 3 June 2017

5) Rupert Darwall: Why Trump Is Right To Ditch The Paris Agreement
The Spectator, 2 June 2017

6) Paris Climate Withdrawal Re-Triggers Global Warming Doomsday Cult
The Federalist, 2 June 2017

Matt Ridley from the UK: Nobody knows how best to tackle obesity

Even optimists admit that some things are undoubtedly getting worse: things like traffic jams, apostrophe use — and obesity. The fattening of the human race, even in middle-income countries, is undeniable. “Despite sustained efforts to tackle childhood obesity, one in three adolescents is still estimated to be overweight or obese in Europe,” said a report last week to the World Health Organisation. That means more diabetes and possibly a reversal of the recent slow fall in age-adjusted cancer and heart disease death rates.

Perhaps we should remind ourselves first that it is a good problem to have, a symptom of abundance. 

GWPF Newsletter: US Power Producers Switch Back To Cheaper Coal

German Conservatives Call For Radical Change Of Climate Policy

In this newsletter:

1) US Power Producers Switch Back To Cheaper Coal
Reuters, 5 June 2017 
2) German Conservatives Call For Radical Change Of Germany’s Climate Policy

Sunday, June 4, 2017

NZCPR Weekly: Freedom of Thought

Dear NZCPR Reader,   

This week, we question the wisdom of State sector organisations subscribing to ‘biculturalism’, since this radical race-based political agenda challenges the sovereignty of the Crown, our NZCPR Guest Commentator Professor Barend Vlaardingerbroek has examined the proposed Education Council’s proposed Code of Conduct for teachers and believes it breaches their fundamental human rights, and this week’s poll asks whether you believe bicultural policies should be removed from all State agencies.

*To read the newsletter click HERE.
*To register for the NZCPR Weekly mailing list, click HERE.

Saturday, June 3, 2017

Stephen Franks: How many naggers could we measure and dump?

The Times of London reports on correlations between teen pregnancy rates and cuts on spending for teen pregnancy advising and free contraception.

The wonderful news –
“Teenage pregnancy rates have been reduced because of government cuts to spending on sex education and birth control for young women, according to a study that challenges conventional wisdom. 
The state’s efforts to teach adolescents about sex and make access to contraceptives easier may have encouraged risky behaviour rather than curbed it, the research suggests.”

Karl du Fresne: The totalitarianism that taints public debate

Free speech is a cornerstone of democracy, but we can never take it for granted. On polarising issues, its limits are constantly tested.

Dr Lance O’Sullivan got up on stage at a Kaitaia screening of the controversial anti-vaccination documentary Vaxxed last week and told the audience that their attendance would cause babies to die.

Nicholas Kerr: US health care problems – universal health care is not the solution

Shortly after Bernie Sanders’s recent and weakly argued Twitter pic in support of universal health care, I photoshopped it into a similarly weak counter-argument and Tweeted back. However, it’s a serious topic and deserves a more thorough response.

It goes without saying that the U.S. health care system is far from perfect. But the focus should be addressing the problems without throwing out what’s exceptional about it. 

Wednesday, May 31, 2017

GWPF Newsletter: East European States Mount Revolt Against Paris Agreement

EU Climate Policy Threatens To Destroy What Is Left Of Europe’s Steel Industry

In this newsletter:

1) East European States Mount Revolt Against Paris Agreement
Climate Home, 29 May 2017
2) EU Climate Policy Threatens To Destroy What Is Left Of Europe’s Steel Industry
Reuters, 29 May 2017

Tuesday, May 30, 2017

GWPF Newsletter: Global Greening Cools Parts Of Planet Earth

Africa Has Become Much Greener In The Last 20 Years

In this newsletter:

1) Africa Has Become Much Greener In The Last 20 Years
Science Nordic, 28 May 2017
2) Gaia At Work: Global Greening Cools Parts Of Planet Earth
Daily Caller, 27 May 2017

Sunday, May 28, 2017

NZCPR Weekly: The 2017 Budget

Dear NZCPR Reader,   

This week, we examine the Budget - and in particular the appropriation that provides millions of dollars of taxpayer funding for groups claiming ownership of New Zealand’s coastline, our NZCPR Guest Commentator Frank Newman provides his analysis of the Budget, and this week’s poll asks whether you believe $8.45 million should be available to groups claiming our coast. 

We have been looking into Marine and Coastal Area claims and found that the only one to be resolved in the High Court had no groups opposing it – only the Attorney General. The Judge found in favour of the applicants. As a result, we have been working hard to ensure that all of the 100-plus High Court claims that have been advertised in newspapers will be opposed by fishing and recreation groups. However, while claimants have access to millions of dollars of financial assistance, those objecting to the claims have to pay $110 for each one they oppose. Accordingly, we are now launching a fundraiser to help these fishing and recreation groups cover the tens of thousands of dollars in Court application fees and other costs that they are incurring on behalf of the New Zealand public. If you oppose these Marine and Coastal Area claims, please help those who will be standing up for you in the Court, by clicking HERE. Please be generous, because the task these groups have taken on - in the public interest - is certainly not an easy one!

*To read the newsletter click HERE.
*To register for the NZCPR Weekly mailing list, click HERE.

Thursday, May 25, 2017

GWPF Newsletter: European Nations Set To Wipe Out Forests To Cheat On CO2 Emissions

Windfarms Blamed After Three Whales Die Off Suffolk Coast

In this newsletter:

1) European Nations Set To Wipe Out Forests To Cheat On CO2 Emissions
New Scientist, 23 May 2017
2) Windfarms Blamed After Three Whales Die Off Suffolk Coast
The Times, 22 May 2017 

Richard Epstein: Progressively Bankrupt

A recent story in the Wall Street Journal foretells a grim financial future for Connecticut, the wealthiest state in the union by per capita income. Its great wealth, however, does not translate into financial stability. For this coming year, the state expects a $400 million shortfall in tax collections that will only compound its looming budget deficit of some $5.1 billion, attributable to the usual suspects: service on existing debt, a lowered credit rating, surging pension obligations, runaway health care expenditures, and a declining population. 

In both 2011 and 2015, Connecticut Governor Dannel Malloy sought to fill the fiscal gap by engineering two tax increases on the state’s wealthiest citizens, so that today the state’s highest tax bracket is 6.99 percent. Under the state’s tax pyramid, about one-third of the state’s $7-billion budget is paid by the several thousand people earning over $1 million per year.

David Skilling: A busy week for globalisation

Globalisation is not dead, but it is definitely changing.  And from Asia to Europe and the US, this past week has highlighted that the transition to a genuinely multipolar set of arrangements is gathering pace.

This process has been underway for some time, of course, and partly reflects fundamentals.  As Asia rises, it is unsurprising that it will increasingly shape the rules of the game.  And there is an increasingly regional shape to the global economy (a lesson that the UK has chosen to overlook).  But the adoption of a more inward-looking ‘America First’ stance is accelerating the transition to a multipolar world with overlapping, potentially competing groupings.

Wednesday, May 24, 2017

Matt Ridley: The Red Queen race against computer viruses

The WannaCry ransomware cyberattack of last week, which briefly crippled much of the National Health Service, may be the biggest, but it will not be the last outbreak of cybercrime. 

Remember your Through the Looking-Glass. The Red Queen lives in a world where, she says: “It takes all the running you can do, to keep in the same place. If you want to get somewhere else, you must run at least twice as fast as that.” We, the good guys, are locked in a Red Queen race with hackers, just as we, the human race, are locked in a race with real viruses, and with antibiotic resistance.

Karl du Fresne: Accountability - frequently talked about, rarely practised

I’ve been scratching my head trying to recall the number of times when someone in a position of responsibility in New Zealand fell on their sword in atonement for things that went badly wrong.

Conservation Minister Denis Marshall did it after the Cave Creek viewing platform collapse in 1995 and Labour Minister Kate Wilkinson stepped down in 2012 over Pike River – in both cases, after commissions of inquiry released highly critical reports.

Tuesday, May 23, 2017

China Claims Methane Hydrates Breakthrough May Lead To Global Energy Revolution

Trump’s Climate Challenge:
Between Energy Superpower And Green Shackles

In this newsletter:

1) China Claims Methane Hydrates Breakthrough May Lead To Global Energy Revolution
CNN Money, 20 May 2017
2) China’s Motive Behind Takeover of South China Sea
Wall Street Daily, 5 October 2015

Sunday, May 21, 2017

NZCPR Weekly: Tax Competition

Dear NZCPR Reader,   

This week, ahead of the Budget, we make the case for lower taxes, our NZCPR Guest Commentator Professor Richard Epstein from the US outlines the sweeping tax reforms announced by President Trump, and this week’s poll asks whether you think taxes should be reduced in Thursday’s Budget.

*To read the newsletter click HERE.
*To register for the NZCPR Weekly mailing list, click HERE.

Saturday, May 20, 2017

Frank Newman: Closing the speculation tax loophole

Last week Labour announced further measures to crack down on property speculators. Their latest measure is to close the "loop-hole" on negative gearing, and is the third policy statement targeting residential property investors. The other two previously announced policies would ban overseas investors buying existing homes, and extend the capital gains tax (bright-line test) on rental houses from two years to five.

To recap, negative gearing is where an investor makes a loss from their investment, and offsets that loss against other income derived from another source. The effect is to reduce their taxable income, and therefore the amount of tax they pay (based on their marginal tax rate).

Brian Gaynor: In this game, we're beating the Aussies

One of the major differences between New Zealand and Australia is their respective political systems and this difference may have contributed to the much stronger financial performance of the New Zealand Government in recent years.

Australia has a bicameral, federal system with 13 houses of parliament and 782 elected representatives while New Zealand has a unicameral structure with only one house and 119 current members.

Thursday, May 18, 2017

GWPF Newsletter: Power Shift

China & India Dominate Global Coal As Green Nations Divest

In this newsletter:

1) Power Shift: China And India Dominate Global Coal Industries As Green Nations Divest
Reuters, 16 May 2017
2) China’s Energy Silk Road Based On Building Coal Power Far And Wide
China Dialogue, 12 May 2017

Wednesday, May 17, 2017

Guy Benson: Analysis - Congress Should Subpoena Comey, Alleged Memo About Trump Pressuring Flynn Probe

Another evening, another potential bombshell. Just as Washington starting to wrap its arms around the possible fallout from the president's alleged disclosure of highly classified intelligence from a foreign partner (reportedly Israel), the New York Times drops this story:
"President Trump asked the F.B.I. director, James B. Comey, to shut down the federal investigation into Mr. Trump’s former national security adviser, Michael T. Flynn, in an Oval Office meeting in February, according to a memo Mr. Comey wrote shortly after the meeting. 'I hope you can let this go,' the president told Mr. Comey, according to the memo. 

Sunday, May 14, 2017

Phil McDermott: Auckland facing Hobson’s Choice - Expansion or Implosion?

Choosing Auckland
In 1840, the first New Zealand Governor, William Hobson, sailed into Waitemata Harbour and chose Auckland as the country’s new capital.  The harbour offered ease of embarkation and disembarkation.  Fertile coastal lands meant that settlers could grow food crops, and the local tribe, Ngati Whatua, welcomed the promise of protection and trade that European settlement offered.

Auckland’s early fortunes fluctuated.  The city could only be reached by sea from other parts of New Zealand.  It was on an isthmus divided by two harbours, crossed by flood-prone creeks and peppered with swamps.  In addition, tribes to the south resisted the sale and alienation of their fertile Waikato lands, stalling expansion of European settlement until the late 1860s. 

Matt Ridley: The Paris climate treaty is weak, so why do climate activists defend it?

President Trump will decide shortly whether to pull the US out of the Paris agreement on climate change. By all accounts, his instincts and his campaign promises encourage him to do so while his daughter Ivanka and his secretary of state Rex Tillerson want him not to. He has already started rolling back the “clean power plan”, which was Barack Obama’s way of meeting America’s commitment under the Paris agreement.

If he does pull out, or send the agreement to the Senate for ratification on the grounds that it is a “treaty” — something Obama took great pains to try to deny so that he would not have to send it to the Senate — there will be a fresh paroxysm of rage among his critics. Climate scepticism is high among reasons that the left hates Trump. By contrast, it is one of the few things on which I half agree with him.

GWPF Newsletter: Planet Earth Covered In Much More Forest Than Thought

Earth's Forests Just Grew 9% In A New Satellite Survey

In this newsletter:

1) Good News: Planet Earth Covered In Much More Forest Than Thought
Australian Associated Press, 12 May 2017
2) Earth's Forests Just Grew 9% In A New Satellite Survey 
Science, 11 May 2017

NZCPR Weekly: Cultural Competency

Dear NZCPR Reader,   

This week, we look into cultural indoctrination within the education system, our NZCPR Guest Commentator Fiona Mackenzie outlines serious concerns over the new Code of Professional Responsibility and Standards for the Teaching Profession that will become operational on July 1st, and this week’s poll asks whether you think that cultural competency training should be compulsory for teachers.

*To read the newsletter click HERE.
*To register for the NZCPR Weekly mailing list, click HERE.

Saturday, May 13, 2017

Frank Newman: Interest rates and MP houses

As expected, last week Reserve Bank Governor Graeme left the official cash rate (OCR) unchanged at 1.75%. What was unexpected was the tone of the comments made in the Monetary Policy Statement that went with it.

That surprise was evident in the reaction of the foreign exchange  market where the Kiwi dollar fell a cent against the Australian and US currencies. That reaction was because the "market" had been expecting interest rates to rise faster than the Governor is now forecasting.

GWPF Newsletter: Europe’s Biggest Solar Company Goes Up In Smoke

African Nations To Build More Than 100 New Coal Power Plants

In this newsletter:

1) Europe’s Biggest Solar Company Goes Up In Smoke
Reuters, 11 May 2017 
2) Largest US Solar Panel Maker Files For Bankruptcy After Receiving $206 Million In Subsidies
The Daily Caller, 11 May 2017 

Friday, May 12, 2017

Theresa May Faces Backlash Over Energy Price Cap

Plan To Cap Energy Prices Smacks Of 1970s Madness

In this newsletter:

1) May Faces Backlash Over Energy Price Cap
The Times, 9 May 2017 
2) May Admits Energy Price Cap Is Not 'Conservative' But Voters Come Before Ideology
The Daily Telegraph, 10 May 2017

Thursday, May 11, 2017

Mike Butler: Govt hazy on mandate data

A series of questions sent to the Office of Treaty Settlements revealed patchy information and a government that is hazy on data to do with claimant group mandates, the cornerstone of treaty settlement integrity.

Deeds of mandate are intended to provide evidence that the body claiming mandate has the widespread support of the members of the claimant group to negotiate a settlement of perceived treaty breaches by the Crown.