Coronavirus

Old Apr 27th 2020, 8:41 pm
  #376  
Lost in BE Cyberspace
 
Joined: Jun 2005
Location: In a large village called Auckland
Posts: 5,249
Bo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond repute
Default Re: Coronavirus

Before anyone says it's just an Auckland thing .. there's more ..... totally barmy if they are that desperate to join the queues.

https://i.stuff.co.nz/life-style/foo...donalds-queues

Bo-Jangles is offline  
Old Apr 28th 2020, 3:07 pm
  #377  
`
 
BEVS's Avatar
 
Joined: Oct 2003
Posts: 38,629
BEVS has disabled reputation
Default Re: Coronavirus

Originally Posted by Bo-Jangles
Before anyone says it's just an Auckland thing .. there's more ..... totally barmy if they are that desperate to join the queues.

https://i.stuff.co.nz/life-style/foo...donalds-queues
Nah! Not an Auckland thing at all.
MrBEVS reported a long queue to be seen at the MacD or Burgerking he drives past on his way back from work. He also said that people had flocked - yes I did write flocked - to Tahunanui beach in their droves with their paddle boards and the like. Car park was chocka. Plus the development site next door to us had several small groups of non tradie people coming for a nosy and a good ole chat with each other. None with the required distancing.

I'm thinking 2nd wave if Team NZ is not careful.
BEVS is offline  
Old Apr 28th 2020, 5:39 pm
  #378  
BE Enthusiast
 
Joined: Jul 2008
Location: Auckland
Posts: 463
Clappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond repute
Default Re: Coronavirus

Originally Posted by Bo-Jangles
Before anyone says it's just an Auckland thing .. there's more ..... totally barmy if they are that desperate to join the queues.

https://i.stuff.co.nz/life-style/foo...donalds-queues
Originally Posted by BEVS
Nah! Not an Auckland thing at all.
MrBEVS reported a long queue to be seen at the MacD or Burgerking he drives past on his way back from work. He also said that people had flocked - yes I did write flocked - to Tahunanui beach in their droves with their paddle boards and the like. Car park was chocka. Plus the development site next door to us had several small groups of non tradie people coming for a nosy and a good ole chat with each other. None with the required distancing.

I'm thinking 2nd wave if Team NZ is not careful.
I have seen people in the past complain that newspaper (I use that term in the loosest sense of the meaning) was too Auckland-centric and had never really seen that myself but that focus is very clear from these lock-down lifting stories we have seen in the past two days.
Clappy is offline  
Old Apr 28th 2020, 7:54 pm
  #379  
Lost in BE Cyberspace
 
Joined: Jun 2005
Location: In a large village called Auckland
Posts: 5,249
Bo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond reputeBo-Jangles has a reputation beyond repute
Default Re: Coronavirus

I didn't think there was any doubt that the Herald is an Auckland 'paper' I am pretty sure the only people that buy hard copies are businesses, there's one in every office kitchen and smoko room. Christchurch has The Press, Wellywood has the Dominion Post and Otago has the Daily Times

Bo-Jangles is offline  
Old Apr 28th 2020, 9:35 pm
  #380  
BE Enthusiast
 
Joined: Jul 2008
Location: Auckland
Posts: 463
Clappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond repute
Default Re: Coronavirus

Oh no! The fast-food binge has been ruined - MaccyD's has run out of lettuce.
https://www.stuff.co.nz/life-style/f...d-for-fastfood
Clappy is offline  
Old Apr 29th 2020, 8:36 am
  #381  
BE Forum Addict
 
Joined: Jul 2007
Location: bottom of the world
Posts: 4,538
Justcol has a reputation beyond reputeJustcol has a reputation beyond reputeJustcol has a reputation beyond reputeJustcol has a reputation beyond reputeJustcol has a reputation beyond reputeJustcol has a reputation beyond reputeJustcol has a reputation beyond reputeJustcol has a reputation beyond reputeJustcol has a reputation beyond reputeJustcol has a reputation beyond reputeJustcol has a reputation beyond repute
Default Re: Coronavirus

Will it taste any different without a few strands of limp iceberg
Justcol is offline  
Old Apr 29th 2020, 8:59 am
  #382  
`
 
BEVS's Avatar
 
Joined: Oct 2003
Posts: 38,629
BEVS has disabled reputation
Default Re: Coronavirus

I clicked on the link for my sins and within the article on the absence of Macca's lettuce leaves I read this.

Trustworthy, accurate and reliable news stories are more important now than ever.
Chortle
BEVS is offline  
Old Apr 29th 2020, 10:55 am
  #383  
BE Enthusiast
 
Joined: Jul 2008
Location: Auckland
Posts: 463
Clappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond repute
Default Re: Coronavirus

Originally Posted by BEVS
I clicked on the link for my sins and within the article on the absence of Macca's lettuce leaves I read this.



Chortle
Earlier today I made the decision that I would no longer look at the Herald website at all.

I used to take a look at it to see the headlines and find out what the locals were concerned about. I didn't often click-through on a headline to read the whole article but every time I did I instantly regretted it.

I feel so liberated now.
Clappy is offline  
Old Apr 29th 2020, 6:17 pm
  #384  
Truth is the safest lie.
 
Charismatic's Avatar
 
Joined: Jul 2008
Location: @ the beach.
Posts: 7,248
Charismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond repute
Default Re: Coronavirus

The Government/IRD are going to directly lend money to businesses that can't get a loan from a bank: Link to legislation.

This is such a bad idea, if deployed I will not vote for any party that backed this. It would be wasting taxpayer money, governments should not be making credit decisions particularly in extremely high risk scenarios. You know often legislation is about balance and I can appreciate varying perspectives but this is not one of those times. This is a terrible idea and will end badly. Government departments just don't have the expertise in business lending.
Charismatic is offline  
Old Apr 29th 2020, 7:40 pm
  #385  
BE Forum Addict
 
Joined: Jul 2007
Location: bottom of the world
Posts: 4,538
Justcol has a reputation beyond reputeJustcol has a reputation beyond reputeJustcol has a reputation beyond reputeJustcol has a reputation beyond reputeJustcol has a reputation beyond reputeJustcol has a reputation beyond reputeJustcol has a reputation beyond reputeJustcol has a reputation beyond reputeJustcol has a reputation beyond reputeJustcol has a reputation beyond reputeJustcol has a reputation beyond repute
Default Re: Coronavirus

Been to busy working to follow the ins and outs
are we still getting our 1500 bucks ?
Justcol is offline  
Old Apr 29th 2020, 8:07 pm
  #386  
Truth is the safest lie.
 
Charismatic's Avatar
 
Joined: Jul 2008
Location: @ the beach.
Posts: 7,248
Charismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond repute
Default Re: Coronavirus

Originally Posted by Justcol
Been to busy working to follow the ins and outs
are we still getting our 1500 bucks ?
No, it was just a proposal. Also it would have to be repaid as tax later as it would be funded by bonds.
​​​​​
Charismatic is offline  
Old Apr 29th 2020, 8:27 pm
  #387  
BE Enthusiast
 
Joined: Jul 2008
Location: Auckland
Posts: 463
Clappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond reputeClappy has a reputation beyond repute
Default Re: Coronavirus

Originally Posted by Charismatic
The Government/IRD are going to directly lend money to businesses that can't get a loan from a bank: Link to legislation.

This is such a bad idea, if deployed I will not vote for any party that backed this. It would be wasting taxpayer money, governments should not be making credit decisions particularly in extremely high risk scenarios. You know often legislation is about balance and I can appreciate varying perspectives but this is not one of those times. This is a terrible idea and will end badly. Government departments just don't have the expertise in business lending.
It will be like the 1970s all over again.
My hair is starting to make me look like someone from the 1970s so it seems quite appropriate.

I don't think this move is any worse than the wage-subsidy. Provided that the elimination approach is effective and most businesses can get back to almost-normal in a short space of time then then the economic pain won't last too long because the businesses are still relevant.

The people that can remember the 1970s in the UK will remember the government throwing public money to keep businesses that were in a long-term decline open and we all know how well that ended.
Clappy is offline  
Old Apr 29th 2020, 11:44 pm
  #388  
Truth is the safest lie.
 
Charismatic's Avatar
 
Joined: Jul 2008
Location: @ the beach.
Posts: 7,248
Charismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond repute
Default Re: Coronavirus

Originally Posted by Clappy
It will be like the 1970s all over again.
That's my fear, we already have enough zombie companies in New Zealand that "extend and pretend" is not going to be helpful. Also IRD don't have the knowledge or software to run a retail bank.

From what I see the major problem is demand in that we need to compel consumers to spend an additional months salary and the best way to do that is to send them a cheque for about an average months salary.

​​​​​Ideally I'd like RBNZ to credit cheques to citizens accounts regularly to create inflation, unwind QE and normalise interest rates. The conservative old guard neoclassical economists at RBNZ and Treasury have to step aside. ZIRP has been a failure.
Charismatic is offline  
Old Apr 30th 2020, 10:41 am
  #389  
Forum Regular
 
Joined: Jun 2018
Posts: 293
jarv5116 has a reputation beyond reputejarv5116 has a reputation beyond reputejarv5116 has a reputation beyond reputejarv5116 has a reputation beyond reputejarv5116 has a reputation beyond reputejarv5116 has a reputation beyond reputejarv5116 has a reputation beyond reputejarv5116 has a reputation beyond reputejarv5116 has a reputation beyond reputejarv5116 has a reputation beyond reputejarv5116 has a reputation beyond repute
Default Re: Coronavirus

I see there reducing the deposit % on house from 20% to 10%.
I think the property market in NZ is crazy anyways.
Way to expensive for property. 600-800k for 3 bed in a not desirable area in Auckland is crazy prices.

jarv5116 is offline  
Old Apr 30th 2020, 2:42 pm
  #390  
Truth is the safest lie.
 
Charismatic's Avatar
 
Joined: Jul 2008
Location: @ the beach.
Posts: 7,248
Charismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond reputeCharismatic has a reputation beyond repute
Default Re: Coronavirus

Originally Posted by jarv5116
I see there reducing the deposit % on house from 20% to 10%.
I think the property market in NZ is crazy anyways.
Way to expensive for property. 600-800k for 3 bed in a not desirable area in Auckland is crazy prices.
Revaluing property has been our countries most profitable industry (much to the chagrin of economists), they had to do something to support prices or millions of people would be underwater on mortgages.
Charismatic is offline  

Contact Us - Manage Preferences Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Your Privacy Choices -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.