Bathurst Moves To New Zealand

Tomtidomtidom… Australian coalminer Bathurst Resources’ shareholders have almost unanimously approved the company’s corporate shuffle across the Tasman. At a meeting today in Perth, its registered city of origin, Bathurst got the nod from its mostly Australian owners to create a New Zealand incorporated company. Of the 99 per cent of shareholders represented, 96 per cent […]

Hollow Out The Public Entity And Fatten The Private one. No Privatisation Nessesary!

Some excellent sleuthing going on over at Frank Macskasy’s site! Last year, on 19 May,  Solid Energy was one of five SOEs that National announced would be partially privatised (see: Budget 2011: Govt seeks $7 billion in asset sales). Bill English announced, with a naivetee usually reserved for wildly idealistic, wide-eyed  youth, “Well targeted investment […]

John Key has a conflict of interest. No kidding!

Today Labour’s broadcasting spokeswoman, Clare Curran pointed out that John Key had a conflict of interest because he chaired a committee which appointed his electorate chairman to the board of NZ On Air. While of course this is a real conflict of interest it is only one of many and it should come as no […]

On the Bankers Trust’s Rip off factor, having shares in the most corrupt bank in the world and Goldman Sach’s Muppets or why John Key should have no place in NZ politices

This week John Key opened the Bathurst Resources’ office and the Green party called it inappropriate for John Key to do so but is it? In order to understand why opening the Bathurst Resources office is totally appropriate for John Key to open you have to understand whose interests John Key is serving and here […]