Free Press 21/9/15
Free Press
ACT’s regular
bulletin
New Zealanders Watch
Rugby at Pub – World Keeps Turning
The first
few games have been watched in pubs across the country. It
turns out New Zealanders are not a nation of irresponsible
orangutans after all. We’re thoroughly decent people who
know how to enjoy ourselves, then go to work. The only
thing that should be banned is the All Black’s wobbly
start against Argentina.
Last Day for Red
Peak
Free Press has campaigned for Red
Peak to be included in the ballot. With 69 per cent of New
Zealanders opposed to change upon seeing the options, the
Prime Minister’s project needs a circuit breaker. The
legislation says the final four flags must be identified 60
days before the referendum period begins, and it’s
supposed to start on November 20. The PM should sub one of
the options that’s created zero enthusiasm off, and sub
Red Peak on.
What if he Doesn’t?
We
don’t know if Red Peak could save the process but if
nothing else changes the current flag will win easily. Then
for every real or imagined problem, people will ask;
what’s the PM been doing lately? Then there’s the cost.
It is a red herring but it gets attention. The Government
spends $26 million every three hours and it is 989,880 hours
since we last changed the flag. Nonetheless people are
intensely focused on this particular $26 million.
What Red Peak Represents
The National
Party has tried and failed to present the Red Peak story as
an anti-John Key left wing conspiracy. It’s not. Red
Peak’s designer works for one of New Zealand’s most
prominent cloud based tech companies (Xero) and its main
champion is the Founding Chairman of another (Vend). These
tech entrepreneurs are hardly reds under the
bed.
More Support for Partnership Schools Kura
Hourua
Sir Toby Curtis of the Iwi Leaders’
Forum writes “At a recent Iwi Chairs Forum hosted by
Waikato Tainui at Hopuhopu, iwi leaders resolved to actively
support the establishment of partnership schools (kura
hourua) in their rohe. We also resolved to advocate that the
Government expand this initiative and to advocate the
concept publicly, in particular the importance of
high-quality teaching, high educational achievement and
strong supportive partnerships with iwi, communities and
other organisations.” Every month there is less and less
question that ACT’s Partnership Schools Kura Hourua are a
valuable and respected policy.
Stevenson Group
Should be Compensated
Under the Public Works Act
the government can commandeer your property for a public
purpose but it must compensate you. The principle is that
the public benefit so the public pay, not just the property
owner. The requirement to compensate is an important check
on governments trampling property rights. By blocking
Stevenson Group from selling Lochinver Station, the
government has trampled property rights and should
compensate.
What Public Interest?
It
is not clear what public interest we are concerned about.
We have an immigration department to decide if people can
come here. Foreign Investment is when people stay where
they are and send money. The best of all worlds, some might
say. What about the land? We don’t believe the Chinese
can take it home. What about security? Free Press
follows Bastiat’s warning that free trade and investment
are the best path to peace: “if goods don’t cross
borders, soldiers will.”
How Much
Compensation?
The next best deal on offer was
$68 million from a local buyer, so Don Brash suggests
Stevenson should receive the $20 million difference. That is
not a bad starting point. Then there is the question of
delay. Much of the difficulty with bad regulation is
actually the time lost and Stevenson Group have lost 14
months waiting for an adverse decision. Free Press
does not know how to value such a delay but clearly it is
costly, for example a 10 per cent return on capital would
suggest around $10m.
Property Rights and The Rule
of Law
New Zealand is a society based on
property rights. We avoid many disputes with a rule that
children can understand: you can’t touch that, it’s
mine. Without clear property rights, chaos (and
environmental neglect) ensue. The rule of law is the
opposite of the rule of men. The government cannot simply
jerk people around, it is subject to the law. If any other
party inflicted such damages on Stevenson Group it would be
actionable. Why do we give the Government a free
pass?
An Impossible Standard
The
Lochinver deal was blocked in part because it was said the
purchase wouldn’t be any better than a hypothetical local
purchase with the same funds. The whole point of foreign
investment is that a foreign investor can inject additional
funds into the country. By this new standard, we should
never have any foreign investment, just imaginary local
investors with the same amount of money.
Another
Reason to Vote ACT
Winston Peters is like Ron
Mark with a sense of humour. His life is a quest to be taken
seriously and nothing hits the spot like high public office.
Make no mistake, Winston Peters wants to be Prime Minister.
If you doubt that, watch his interview with Patrick Gower on
The Nation this weekend. Like Ron Mark, he is shameless and
would happily negotiate to the brink of a new election even
if he holds only seven per cent of the vote. ACT’s job is
to grow so that National and ACT together can govern without
Peters.
David Seymour Everywhere
David
Seymour gave two interviews over the weekend reflecting on
his first year in Parliament: on The Nation, and on
RadioLive, where he featured as one of the year's political
winners. You can check out the interviews here and here.
Thank
You
Free Press thanks you for reading, it
is now one year since the election and time to start
thinking about the next one. If you think ACT’s revival
is going well there are two ways you can help. Join ACT.
Membership lists are secret but your number adds moral
weight. A political party in New Zealand is by definition
its members and we want you: www.act.org.nz/join. The second is
donate. Even a dollar a week helps, you can set up a one
off or periodic investment in ACT here: www.act.org.nz/donate