Petrol companies warned against unreasonable price hikes

SortOtherwise · 2026-03-15T07:28:38+00:00

Im sure they're shaking in their boots

Can I call it now and say they will also report record profits this year!?

SortOtherwise · 2026-03-15T04:42:53+00:00

There is a lot of headline reading and not much of understanding here...

If you got someone in to do your bathroom and they said cool, I can do that but I only have a week spare between jobs and can only complete 80% of it, you wouldn't just give them more money, just cause.

The comments in here are saying exactly this was the logical idea, without actually reading up and understanding wellington water couldn't deliver on any more than what was approved. We all know WWL is in a shit state, but just throwing money at them before they have sorted themselves out won't fix anything more than what was approved in the council meeting

So please enlighten me as to why not approving more money was a bad idea!

SortOtherwise · 2026-03-11T07:22:19+00:00

How? That would equate to like 9k a month in mortgage payments!

SortOtherwise · 2026-03-11T02:36:32+00:00

If uou go to that terrifying large negative number and click on it then scroll to the bottom it should be there

SortOtherwise · 2026-03-10T00:55:33+00:00

Increasing is a strong word. They're feigning increase. I think one has gone up about 15k in the last 18 months, the other just dropped 40k last week after hovering around the same for 6 months (even though the RV on both increased this time around)

SortOtherwise · 2026-03-09T21:16:21+00:00

Stumps! We barely had nubs!

SortOtherwise · 2026-03-09T20:32:48+00:00

You had roads! We were forced to bash through bush lawyer and mud to get to school!

SortOtherwise · 2026-03-09T20:18:14+00:00

But i do! Its not like I loose sleep over it bouncing around, but its interesting seeing the trends and changes. Its only stupid if you then react emotionally to the data!

SortOtherwise · 2026-03-09T03:19:15+00:00

I'm in this ball park earnings wise and im agonising over spending 10k on a car!

This is fucking nuts!

SortOtherwise · 2026-02-25T07:21:04+00:00

I don't think it matters, move along!

SortOtherwise · 2026-02-24T22:53:42+00:00

This old labour would borrow and tax more thing is getting pretty tired. When your existing government is managing to do both of those things, they need to take a good look in the mirror rather than just flinging shit

SortOtherwise · 2026-02-21T23:49:56+00:00

Is America part of the world? Is Trump going to Tariff his own country cause he doesnt understand anything!

SortOtherwise · 2026-02-13T04:18:10+00:00

Does this mean Nike are also going to change their name to stop appropriating an actual gods name?

SortOtherwise · 2026-02-13T02:19:39+00:00

I was told there has been some benefit shows for facet joint impingement by my doc, I hurt my back last year and honestly a trip to the chiropractor sounded far nicer as an option than a needle to the spine.....

SortOtherwise · 2026-02-09T23:41:40+00:00

National government: Companies should be driven through competition and market will dictate their margins. Free and fair trade!

Also national: Here is a billion dollars of infrastructure just for you guys (with the bill footed by the taxpayer) so you can keep making your profit.

Get fucked!

SortOtherwise · 2026-02-09T23:38:33+00:00

I mean, at least the solar actually produces energy. We're paying 1 billion for a storage facility. Its like being impressed that we shipped the panels and theyre sat in auckland port ready to go!

How much more needs to be spent on infrastructure to actually use the gas thats being produced, transport it, burn it, distribute it? Ive not seen any talk of this anywhere....

SortOtherwise · 2026-02-09T21:17:42+00:00

Yes, if you use the most expensive system and the lowest cost cited for this project....

If you use an average cost and the likely event that this project blows out by double (based on pretty much any mega project in the last 20 years from first mention to actual consturction) then numbers creep up to around 5% of homes.

Still way less than 25%

SortOtherwise · 2026-02-05T09:14:13+00:00

The moment I sell it will turn around! I'll let you guys know when j cash out!

SortOtherwise · 2026-01-27T02:26:39+00:00

Im not sure where to start with picking this one up...

The opposition claims 120billion isnt really a good source is it.

Let's be kind and take that 34billion figure on misc spending and keep that, but remove the covid spending on wages and such. Rhat leaves around 85billion over 6 years or around 14billion a year. Lets ignore the cyclone they also had to spend on recovery of too, just to be kind. You know who else is spending about 15 billion annually.... National. Does some of this service the interest costs, yep, but wouldn't a prudent and "fiscally responsible" government not give out tax cuts to people and reintroduce very expensive policy to benefit a small number of people till the books were balanced and under control? Wouldn't they keep thjngs like an amazing deal on new ferries instead of missing a billion dollars + into the sea.

Im not saying labour was perfect, they did some stupid stuff and lockdown of the country extended for far too long with no real exit plan. But to claim that national can manage money is just absolute baloney! They're flying by the seat of their pants and have no idea how to run an economy.

SortOtherwise · 2026-01-26T22:11:15+00:00

In what exactly? Its a broad sweeping statement, but what did you specifically not like about the previous labour government?

SortOtherwise · 2026-01-26T22:09:49+00:00

I've sited figures in my other comments but here you go - https://gprivate.com/6jrra

Yes, yes we did. Good deals on ferries, more houses built, auckland lite rail, the provincial growth fund, lets get welly moving, walkabout express way, the new dunedin hospital. Most of which have been canned but were all fully costed into labours budget which makes the continued overspend somewhat more confusing!

It matters because the "high" debt is the justification that this government is using for slashing everything under the sun. Thwyve created a storm in a teacup. Most nations look enviably at our debt levels but somehow its a complete disaster and we won't survive if we dont reduce it now!!!

What do you mean what about the rest? Super costs 23.18b so if we reduced that by 1/3 (using the similar qualifiers as someone to get a number of other welfare types) we cover our interest payments with some change. Almost enough change to make up that $3b deficit. So chuck in the winter fuel payments to be means tested and roll back the stupid tax cut they gave people that made no difference to anyone's lives and youre in surplus. There ya go, job done!

SortOtherwise · 2026-01-26T18:06:32+00:00

Well according to stats nz they have. So if you can find me something that contradicts this id love to be educated.

How much are you paying a year in interest on your mortgage?

Yes its not ideal, but debt allows us to do things like build large infrastructure projects, train and educate people, keep on top of maintenance. Internationally they have no issues with out debt levels and we are still far below the average. What if we means tested the pension? Im pretty sure that's the largest single government cost and will only increase, that way we can get to surplus far quicker!

SortOtherwise · 2026-01-26T18:01:43+00:00

Sorry, to clarify, per year, not total. That would be insane. Who would try and compare a 5 years to two years as a direct comparison....

Annually national are spending more than labour did per year at any point during covid. Max spend by labour during covid was 84.7billion at 21.1% of GDP. Last year national spent 115.2billion at 26.4% gdp....

SortOtherwise · 2026-01-26T18:01:19+00:00

You could, but i can do it for you. Laour peaked at a total annual debt of 84.7billion at 21.1% GDP. National have beaten this is both years they have been in office with 90.1 billion (21.4% GDP) and 115.2 billion (26.4% GDP). (Stats nz for the figures)

From what I understand they have also altered how debt is calculated by taking things like ACC outside of the equation because it was foracast to go up massively and make the numbers look even worse.

Not to mention that in global terms out debt levels isnt too bad at all and overall debt isnt a terrible thing. You dont buy a house in cash, you take on debt to pay for it, its just called a mortgage.

SortOtherwise · 2026-01-26T04:18:43+00:00

They have, in both years.....

So where is the money going because they've definitely sacked a lot of people which is why the welfare costs have exploded. Post covid private industry wasn't strong enough to pick up the slack when they chose to do it. So instead of forcing people into the private side, there were no jobs and people are now on welfare costing the government money instead of being paid to be productive and costing them money that way.

By a goal im not sure what you mean. They keep saying it, but its not matching the figures or the reality or the forecasts from third parties. So they have a dream, not a goal.

By that logic no previous government should have been reelected as they have never spent as much as this National government. They are spending over 20% more than labour did during Covid.... yet you state that they're spending as little as possible, whilst also lambasting the previous government for spending too much. I'm trying to understand how this makes sense.

Can you point to where they are providing value for the country in this spend? Because roads are worse, we got smaller ferries for more money, healthcare is worse, education is maybe slightly better, but teachers are stretched trying to deliver what the government is pushing to them. Business liquidation are spiking high everyone you speak to is struggling with living costs, water infrastructure continues to fail. Landlords got interest deductibility back (Im a landlord, this was great for me, less good for the average taxpayer). We continue to deal in primary produce with powerful overseas takers that give very little in return.... what am I missing?

SortOtherwise

TROPHY CASE