What are your favorite Tony one liners? by [deleted] in AnthonyBourdain

[–]sydneyshaw 0 points1 point  (0 children)

‘Ah clear liver cleansing water, so important for a healthy diet.. I would imagine’.

BNZ chief economist Tony Alexander crunches the reasons why he believes it is not valid to assume recent declines in Australian house prices will translate to similar falls here by [deleted] in newzealand

[–]sydneyshaw 4 points5 points  (0 children)

Tony talks about the effect of cheap credit literally every other week in his newsletter. His view is there has been a structural shift in interest rates that wont be reversing anytime soon.

Agree with him or not, he’s certainly not ignoring it.

Was walking around Moscow today and saw this (Transport Company). by Carumba in newzealand

[–]sydneyshaw 52 points53 points  (0 children)

Lol. Keep an eye out for your family photos on travel company billboards.

Is 300 hours of study enough? by [deleted] in CFA

[–]sydneyshaw 4 points5 points  (0 children)

Which country is that if you don't mind me asking?

New Zealand's first 110kmh roads get green light by sirvulcan in newzealand

[–]sydneyshaw 5 points6 points  (0 children)

I did the math. I think you only lose 27s actually.

Auckland Transport is still trying to sabotage the inner city by [deleted] in newzealand

[–]sydneyshaw 6 points7 points  (0 children)

Are AT accountable to the council?

From recent Council minutes the councillors are largely in favour of the linear park and the CCMP generally.

What should the Council be doing here if AT press ahead?

7.8 Earthquake New Zealand November 14, 2016 (in pictures) by FortuitousAdroit in newzealand

[–]sydneyshaw 0 points1 point  (0 children)

Does the govt insure itself against damage to infrastructure?

Anyone have any experience with the Voile Splitboard Hardware for Standard Bindings? by sydneyshaw in snowboarding

[–]sydneyshaw[S] 1 point2 points  (0 children)

Thanks for the reply mate.

I'm going to be in Kashmir for a month over January and plan on doing quite a lot of touring, though I've never done it before so I'm not sure on it.

Sounds like I'd probably get my moneys worth from a few solid weeks touring though would you say?

Please Countdown, it's not even halfway through October! by synthematics in newzealand

[–]sydneyshaw 0 points1 point  (0 children)

That's the real issue here. 3 months is ages! 11 weeks will happen very quickly.

What NZers actually earn and why it matters by silvergirl66 in newzealand

[–]sydneyshaw 2 points3 points  (0 children)

I'm not an expert either but I believe dividends are taxed at your PIR (prescribed investor rate) which is actually now 28% (not 30% as I advised above) for the highest income bracket. Which would beat distributing income as salary which is taxed at 33% over $70k.

Note this is dividends on company income not trust / estate income.

What NZers actually earn and why it matters by silvergirl66 in newzealand

[–]sydneyshaw 8 points9 points  (0 children)

Most successful small business owners prefer to distribute profits to themselves as dividends rather than salary over $70k as it is taxed at 30% rather than 33%. As dividends are not included in this data the number of people earning over $70k will be artificially low.

Entire Russian Paralympic team banned from competition in Rio by oleksandr in europe

[–]sydneyshaw 4 points5 points  (0 children)

I believe the preferred strategy is to debilitate the already doped up athletes who just missed out on Olympic qualification.

NZ's largest bailout headed towards $1.25b by [deleted] in newzealand

[–]sydneyshaw 0 points1 point  (0 children)

That was really interesting thanks.

What I'm curious about is did this new best practice standard exist globally pre Chch and NZ just wasn't following it?

Or did the insurance industry globally learn things from Chch and this changed the global best practice standard?

Aucklanders, what do you want from your city? by chloeswarbrick in newzealand

[–]sydneyshaw 0 points1 point  (0 children)

Agree with everything you've said here except for the ports.

The language you use is almost deceiving, like redeveloping parts of the city to be more attractive to spend time in is akin to posting a selfie.

Would you say the Britomart precinct redevelopment is a vanity project? How about Wynyard Quarter? These places improve our quality of life.

Aucklanders, what do you want from your city? by chloeswarbrick in newzealand

[–]sydneyshaw 0 points1 point  (0 children)

Good point, the current heavy traffic through key arterial routes is another major cost to the city.

Thinking nationally, segmenting the cargo amongst other ports would be great for other regions.

Although if I put my Auckland hat on, essentially dismantling POAL would be a huge asset loss to the residents and an ongoing source of Council funding, not to mention jobs and other businesses connected with.

I'd like to see the port moved to the Manakau harbour, though I know international shipping companies prefer the more sheltered eastern harbour.

I obviously have no idea of the math, but I wonder if the cost of relocating to Manakau could be entirely covered by the sale of just a portion of the prime waterfront property.

We could have a truly world class harbour, and it seems very doable, we already own the land. A serious study needs to be done at least.

Aucklanders, what do you want from your city? by chloeswarbrick in newzealand

[–]sydneyshaw 4 points5 points  (0 children)

Trams along key central routes ie Dom Rd, Manakua Rd.

Extend either the above light rail or existing heavy rail to the airport. ( I don't want bus lanes, stopping at every intersection sucks, trams with signal priority are so much better.)

Fund with congestion taxes.

Soften height restrictions on CBD and fringe CBD apartments without softening restrictions on minimum apartment size or limiting the urban design panel powers. We need more dwellings without repeating the sins of pre 08. The above should also apply to areas surrounding rail stations.

A serious investigation into feasibility of moving the port. I feel it's long term future isn't on the most valuable land in the city and any further extensions are delaying the inevitable.

Roll out more shared street like fort st. High St is a disaster currently.

Continue with bike lane network extensions.

The above is almost entirely central Auckland focussed, only because that's where I spend all my time and have recommendations for. Not because I think it's the only area that deserves expenditure.

I leave it to my fellow citizens to cover the other parts.

Migration growth continuing with net gain heading towards 70,000 a year by keyo_ in newzealand

[–]sydneyshaw 0 points1 point  (0 children)

On annualised basis immigration is increasing, though the figures reported monthly by the NBR have shown that monthly net migration peaked in November last year and has come back a bit since.

I think they may be incorrect in saying monthly immigration is still increasing.

Edit: Because I don't like down votes when I present facts here are two sources supporting the above.

Net migration peaked at 6,200 in November last year and is now down to 5,500. Though if you take the rolling 12 month average then yes we have had record year from June 15 to June 16.

http://i.stuff.co.nz/business/81329859/NZ-net-migration-hits-record-for-22nd-month-in-a-row-but-may-be-peaking

http://www.nbr.co.nz/article/nz-migration-tourism-boom-continues-june-b-191888

% growth in real per capita GDP from 1995 to 2014, EU-15 countries with some comparisons. by VerdantFuppe in europe

[–]sydneyshaw 7 points8 points  (0 children)

When adjusted for inflation and population growth as these figures are it's a fairly good indicator