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Mike Hunty
5 months ago

A bit like a homosexuals party this morning @ 0630 ..no C here! C’mon old timers wakey wakey🧓👵

Viking
Reply to  Mike Hunty
5 months ago

You must have had your own party yesterday morning.
We all missed you.

We thought that you must have gone to Wellington to fill in your application to be PM.

Tarquin
Reply to  Viking
5 months ago

All quiet at the Nelson toilets? Blowing like 40 bastards up here and forecast to get worse. Never mind, have a happy day everyone.

Mike Hunty
Reply to  Tarquin
5 months ago

Calm as up here on the hill. Nelson gets some bloody great weather.

Hooker Phil
Reply to  Mike Hunty
5 months ago

When it’s not raining landslides.

Tarquin
Reply to  Hooker Phil
5 months ago

Never buy a house at the bottom of the hill.

Saggy
Reply to  Tarquin
5 months ago

Or the top

Starving Artist
Starving Artist
Reply to  Saggy
5 months ago

Or the side. Just stay away from that treacherous hill and go for some flat ground.

Saggy
Reply to  Starving Artist
5 months ago

Tsunami and liquifaction will get you there

Viking
5 months ago

So when the going gets tough for the big boys, they play hard bal,l desite the unfairness of their position.

A proposed crackdown on companies that give shareholders loans, rather than pay them taxable income, appears dead in the water.
Inland Revenue has been eyeing the whopping $29 billion shareholders currently owe companies, questioning the extent to which companies are issuing shareholders loans, rather than paying them dividends, wages or salaries, to reduce their tax bills.
It is also worried some shareholders are using loans to withdraw funds from companies prior to them being liquidated, leaving creditors out of pocket.
So, between December and February, Inland Revenue consulted on treating some large loans to shareholders as dividends, which are taxable, if they aren’t repaid within a couple of years of being issued.
Cabinet is yet to decide whether to forge ahead with the proposal.

However, NZ First opposes the idea and Act has reservations.
Speaking to the Herald, NZ First deputy leader Shane Jones said changing the tax treatment of shareholder loans would be a “major departure” from the status quo.
“That is not something that NZ First has ever agreed on.”

Meanwhile, Act’s finance spokesman, Todd Stephenson, said his party was concerned the proposal could amount to double taxation – “once when the loan is deemed taxable, and again when the shareholder has to use already-taxed income to repay the loan”.
“ACT opposes double taxation.”
However, Stephenson said, “If there are loopholes that allow income to escape tax permanently, they should be closed in a targeted way that doesn’t punish legitimate business activity.
“New Zealand’s tax system works best when it is simple, predictable, and neutral.”
Revenue Minister (and National Party MP) Simon Watts declined to share his view on the matter, saying ministers were still considering the “wide range of views” Inland Revenue received, and no decisions had been made on next steps.

Inland Revenue explained that companies controlled by a few shareholders often legitimately lend to shareholders.
While most companies manage these loans responsibly, some shareholders rack up large debts over many years.
This could be advantageous to them.
While a shareholder will need to pay interest on the loan they receive from their company, and the company will need to pay 28% tax on this interest income, the shareholder won’t be taxed on the loan.
However, if the money were paid to them in the form of a dividend, salary or wage, they would need to pay tax on the income at their marginal income tax rate, which could be as high as 39%.
In the 2024 tax year, about 5500 companies were owed more than $1 million by their shareholders. Of these companies, more than 540 were owed more than $5m.
Inland Revenue said, “We are concerned that the high value of shareholder loans suggests that our current rules relating to shareholder loans are less effective than rules in other jurisdictions at requiring the loan be repaid within a certain period of time or before the company goes out of existence.
“This can result in the tax advantage becoming a permanent advantage for the shareholder if the loan is never repaid.”
Inland Revenue said that in the six years to 2025, nearly 15% of all companies removed from the Companies Register were owed money by their shareholders at the time they were removed.
Collectively, shareholders owed these companies $2b.
So, Inland Revenue also proposed taxing loans once a company ceased.
It also proposed treating loans as dividends if they weren’t repaid within 12 months after the end of the income year they were issued.
It suggested this apply to loans issued from December 4, 2025, onwards – meaning the law change would apply retrospectively.
To prevent the change from impacting small businesses and ordinary transactions, it would only apply to companies whose total lending to shareholders was worth $50,000 or more.
It would also only apply to companies owned by individuals or small groups of shareholders, as widely-held companies, partnerships and sole traders can’t use shareholder loans.

https://www.nzherald.co.nz/business/personal-finance/tax/nz-first-and-act-shoot-down-inland-revenue-proposal-to-tax-company-loans-to-shareholders/premium/VE5OUD3TPRFMBCUAYU5GU3TCNE/

Not hard to guess who uses this loophole. NZ First has been exposed on this before as have the Nats. and some Iwi richmen will get done over.

Sooty
Sooty
Reply to  Viking
5 months ago

Kiwi richmen pay tax. That’s racist!

Viking
5 months ago

What an arrogant prick Shonkey really is. For some reason he thinks he knows what we want.
Which of course he doesn’t.

Former Prime Minister Sir John Key has taken a potshot at the Reserve Bank’s proposal to require banks to set up hundreds, if not thousands, of additional ATMs and/or cash services sites to ensure people can easily trade using cash.
Key, who is also the former chair of ANZ New Zealand, said he appreciated that cash was still necessary in situations like natural disasters.

But ordinarily, Kiwis didn’t want to go to an ATM for cash or travel to a branch to bank, he said, and “if you look at why banks are closing branches, it’s got nothing to do with trying to be annoying to politicians”.
“The reason they’re doing it is what customers want. They don’t want to go into a branch, they don’t want to have to do anything other than pick up their phone or log into their laptop.”

Maybe for him, but lots of others want to have cash, and why should they not? It doesn’t suit his whiz bang entreprenures, I guess.

https://www.nzherald.co.nz/technology/john-key-backs-digital-banking-hits-out-at-reserve-bank-push-for-more-cash-access/premium/G67Z3TGIMRFKHHY62ADUYIQPE4/

Like clark he should just fuck off and live somewhere ele.

Mcduff
Reply to  Viking
5 months ago

Maybe we don’t want to have to go to a bank, and line up for the only teller working, for cash, but ATMs at supermarkets, shopping malls, dairies, and petrol stations would be helpful. Trying to find an ATM these days is why so many resort to using their phones/laptops.
Next time the internet is down, power is off, or someone just wants to send money in a birthday card, a picture of an IOU may not suffice.

FJA
FJA
Reply to  Mcduff
5 months ago

The bigger issue to me are the many businesses not accepting cash. Why get cash out if you can’t spend it where you want to?

Sooty
Sooty
Reply to  FJA
5 months ago

Saw a sign on restaurant, “cashless” , quess they don’t want my patronage.

I am a stupid boy
Reply to  Mcduff
5 months ago

the banks here aee hardly open and when they are its oddball days and hours, then if you want to see a specific person theyre only there 1 day a week.

theyve purposely inconvenienced customers from using in purpose banking to then justify closures etc.

FJA
FJA
Reply to  I am a stupid boy
5 months ago

Some seem to open on Saturday. The ASB branch in the Porirua mall does. The Queensgate ASB branch opens both days in the weekend.

Pretty good IMO.

Viking
Reply to  I am a stupid boy
5 months ago

Every servo could have a cash machine.

I am a stupid boy
Reply to  Editor
5 months ago

source: rando bullshit artist on x

russia and other countries will straddle both payment systems, theyll use brics internally for brics country deals and usd for trade with other countries… thats the way it was always going to be.

the algorithm knows youre a gullable old dude thats no longer capable of fact checking so it constantly feeds you crap thats 99.99% bullshit and speculation… anything pro trump you eat up quicker than a maori with kfc 🙂

trump hasnt done jack shit really, just set off billions of dollars of fireworks in iran, replaced kahlemini with kahlemeni, making oil companies profit and if hes true to his word and pulls out of bombing iran within weeks then the worlds left with another mess in the middle east that will take decades to sort itself out.
only plus side is their military capabilities have been decimated but no one knows if theyll ever stop the drone launching esp in the straight.

iran is so free now that its womens soccer team cant return home without fear of execution cuz they didnt sing the national anthem.
the whole point if this intervention was supposedly to “free the iranian people”…. well thats what the gullable trump dick suckers believed anyways, theyre too dumb to see trump is a puppet of israel/jews and hes just serving the interests of netenyahu and trumps largest donor who bought him for 250mil.

downtickers gunna be super hurty feels with facts today 🤣

Hooker Phil
Reply to  I am a stupid boy
5 months ago

Not downticking today SB -will wait a week or two to see what all pans out but I do like this comment.

iran is so free now that its womens soccer team cant return home without fear of execution cuz they didnt sing the national anthem.
the whole point if this intervention was supposedly to “free the iranian people”…”

Tarquin
Reply to  Hooker Phil
5 months ago

I think it’s all pretty much academic anyway. Not a lot of commercial planes flying to Iran at the moment.

I am a stupid boy
5 months ago

Rol, heres a bit on the use of ai in war and the scraps going on behind the scenes.

https://youtu.be/zoY_-aRmPoM?si=jKSsRO-g7ZViBxEA

dosent mention anthropics disgust about its stuff being used in the maduro raid leading to them questioning the contract and ultimately decline it resulting in hegseths disgust and outrage

rightoverlabour
Reply to  I am a stupid boy
5 months ago

Hi Thanks, i’ll look later

I am a stupid boy
Reply to  Editor
5 months ago

our healthcare system is too underfunded to cover treatment costs of that epic burn!

shittingbull
shittingbull
5 months ago

Went down the beach to watch the start of the Kubota fishing classic. It’s blowing 35knts Easterly and the sea is very angry, and meant to get worser.
Some hardy souls are braving the elements, bloody crazy if you ask me.

Hooker Phil
Reply to  shittingbull
5 months ago

Looked it up to see where it is -Whitianga. I see it says the focus is on catch and release. Over 450 boats, could be a bit crowded??.
Anyway would be funny if the heaviest caught was released and caught again. First equal one would presume.

I am a stupid boy
Reply to  shittingbull
5 months ago

ego and prize money entice people to endure shit conditions and do silly and risky things.

Saggy
Reply to  shittingbull
5 months ago

Be plenty of burley going over the side I’d imagine. Not for me either thanks.

Last edited 5 months ago by Saggy
Tarquin
Reply to  Saggy
5 months ago

Just started raining heavily up here, next stop Whitianga.

Saggy
Reply to  Tarquin
5 months ago

Has to go past me first. Just light rain here (horizontal though)

waikatogirl
waikatogirl
Reply to  Saggy
5 months ago

No wind here. Our weather vain is totally still. Light rain.

Sooty
Sooty
Reply to  waikatogirl
5 months ago

Cloudy no wind, no rain, overcast.

Starving Artist
Starving Artist
5 months ago
The Taxpayer
Reply to  Starving Artist
5 months ago

Idiot boss I once worked for hired a young Maori guy and put him in the crew I was then foreman of

He only hired him because winz gave him $100 a week or something towards his pay, He had done the same before and got burnt, slow learner that boss was, greedy prick too

Anyway one lunch time, said young Maori guy proceeded to tell us how Maori were once super human, before they bred with YT

They could run at about 100km an hour, jump the height of a power pole, and had super hearing so they could hear a Moa from 20kms away

He was dead serious, obviously we all pissed ourselves laughing
He didn’t like that and kept insisting it was true, we laughed harder
He got pretty aggressive in the end but as he was outnumbered 8 to 1 didn’t fancy fighting about it

Lasted till the end of the day then never saw him again, or the tools the boss had given him to use

Bottle fed warm BS from birth by his equally stupid farnow we figured

I find the best thing about being self employed is I don’t have to work with/babysit fckwits anymore

Sooty
Sooty
Reply to  Starving Artist
5 months ago

Well, she’s not genetic pure Maori is she. None left, crossbreeding.

nasska
Reply to  Sooty
5 months ago

Crossbreeding is used by NZ cockys all the time though it has it’s limitations. Instance using terminal sires. You could use, say, a texel ram over suffolk ewes & hit the jackpot for carcase weight. What you’ve achieved is a ‘hybrid vigour’ but it will last only that one generation. Try mating the progeny of your original cross & the results will likely be disastrous.

That is how two breeders have captured the entire chicken market. They run various lines of roosters & mate them with known lines of hens. The result is an egg machine but again you have to go back to the known genetics to reproduce the bird.

Unless you’ve swallowed religious Koolaid by the gallon & believe in the Genesis crap man is only a very advanced animal with superior brainpower & opposable thumbs. Why would the results of random breeding of strains of humans be much different to those of sheep?

waikatogirl
waikatogirl
Reply to  Editor
5 months ago

The inbred UK muslims with their resulting low IQ are not so silly when it comes to taking advantage of the UK disability payments. The more disabled kids they produce the more gimmie they receive from the taxpayer. Inbreeding is encouraged by the funding stream.

nasska
Reply to  Editor
5 months ago

Yep. And not only are they breeding using all the wrong genetics. They’re outbreeding us because we insist on paying for the results of their fecundity.

Sooty
Sooty
Reply to  nasska
5 months ago

The feral maori are getting some dumb cunts as a result!

Saggy
Reply to  Sooty
5 months ago

Not attending school probably doesn’t help

waikatogirl
waikatogirl
Reply to  Sooty
5 months ago

Like those meat heads who put Nia Glassey in the dryer and hung her from the washing line torturing her before she died. They should have been put down like the dangerous dogs they are.

Ross12
5 months ago

Interesting piece from Bryce Edwards commenting on analysis by Danyl McLauchlan

https://www.brashandmitchell.com/post/bryce-edwards-democracy-briefing-the-five-voter-tribes-that-will-decide-who-governs-new-zealand?

What tribe do you fit into?

Sooty
Sooty
Reply to  Ross12
5 months ago

?

Sooty
Sooty
Reply to  Editor
5 months ago

That’s an oldy, was around when I was going to school.

nasska
5 months ago

I remember once a few years back being at a celebrity livestock auction where I bought a sheep. I saw Shane Jones talking to Billy T James & I was lucky enough to get in the middle of them for a picture.

There I was, clown to the left of me, joker to the right, stuck in the middle with ewe.

waikatogirl
waikatogirl
Reply to  nasska
5 months ago

‘Celebrity livestock’…

and the ewe said Don’t ewe know who I am?! 🐑

Last edited 5 months ago by waikatogirl
Sooty
Sooty
5 months ago

Saw a blog from Aust, a poll onn if they wanted Harry and Megan to visit Australia,
99 percent said No,we don’t want you to come.
One percent said yes we would like a visit.
Not sure where the invite came from, was it from the government or the Sussex saying we would like to come for tea and scones. By the way, you are paying fares, accommodation!

waikatogirl
waikatogirl
Reply to  Sooty
5 months ago

They think they are more interesting than other royals so invited themselves to grandstand in Aus to rival King Chuck’s upcoming visit to the USA and Trump.

Haz and Markle spent part of their honeymoon six years ago in Aus and Fiji. They moaned they didn’t enjoy it and now are going back. Aussie’s remember and don’t want them.

Sooty
Sooty
Reply to  waikatogirl
5 months ago

You realise that they will be able to hob nob with the bitch!
The bitch had to fly n her mother and sister to Aust to celebrate birthday.
She’s unable to come home, no one likes her.

Sooty
Sooty
Reply to  Sooty
5 months ago

Going mid April. King and Queen there at the same time!

waikatogirl
waikatogirl
Reply to  Sooty
5 months ago

King Chuck has been invited by President Trump to celebrate the 250 year anniversary of the founding of the United States.

Trump’s organised celebrations will be spectacularly BIGLY 🎆🎆🎆 🇺🇸 🇺🇸 🇺🇸

Aus might give Haz and Megs a prawn on the barbie.

Last edited 5 months ago by waikatogirl
Sooty
Sooty
Reply to  Editor
5 months ago

Entertaining the bitch!

Ross12
5 months ago

Hipkins is throwing Bloomfield under the bus by saying the fact that the information about the lack on need to give teens the jab and the potential risks/dangers to the kids was not passed onto Ministers is Bloomfield’s fault. ( from what I’ve read there seems to be some debate about what the Ministers got and what they didn’t).

Let them fight –handbags at midday in Parliament’s steps, in public, would be good//

Last edited 5 months ago by Ross12
Brian Marshall
Reply to  Ross12
5 months ago

Ross, the ministers can say “I don’t recall seeing the information” as a way to lie about it without being caught lying. Labour are a bunch of lying wankers.

DylanHunt
Reply to  Ross12
5 months ago

Given that the stats about the Tsunami of Myocarditis post vaccine, and the Tsunami of reports from Doctors about Myocarditis, it is all lies.

They knew. We know they knew. And they know we know they knew. If they had nothing to hide, they would have fronted the public inquiry, even if the questions were written to pamper and protect them.

“We have nothing to hide, but we are going to hide it anyway.”

“We didn’t do anything wrong, but if we did do anything wrong, we would strenuously deny it anyway.”

rightoverlabour
Reply to  Ross12
5 months ago

Russian Roulette would be preferable…..

I am a stupid boy
5 months ago

mate in aussie rekons their diesel supply is about to run out due to all the farmers and transport companies stockpiling. they rekon only 6-8days left but hes unsure if its nationwide or just a couple of states.

nasska
Reply to  I am a stupid boy
5 months ago

I filled up on Friday at $1.95/L pump price. It’s $2.35 today.

I am a stupid boy
Reply to  nasska
5 months ago

i filled up just before and its 2.24 here, last time i fueled up it was 1.69 that was couple weeks ago tho.

I am a stupid boy
5 months ago

someone call the waaaaaambulance…
https://www.stuff.co.nz/nz-news/360949458/deadpool-shirt-spotted-walmart-canada-criticised-ta-moko-style-design

i rekon if i had a bush shit that landed in a squigle similar to part of a moko the cunts would get upset. get over it, youre not special, you dont own that shit and the rest of the worlds a free place from your cultural bullshit.

Sooty
Sooty
Reply to  I am a stupid boy
5 months ago

Oh dear, how sad!

Saggy
5 months ago

Bloody hell. This from Hobson’s Pledge. This government is WORSE than Labour. This shit HAS TO BE STOPPED.

“Farmers in gore (and anyone wanting to build something) are staring down a new reality that before they dig a silage pit, build a shed, fix a farm track, or dozens of other everyday farming activities, resource consents must be assessed against Ngāi Tahu cultural values like mauri (life force), wairua (spiritual connections), whakapapa (relationships between all life forms), and utu (restoring balance).”

It is a fork out or fail to get consents situation. 

Last edited 5 months ago by Saggy
waikatogirl
waikatogirl
Reply to  Saggy
5 months ago

Extortion.

Webwrat
Reply to  Saggy
5 months ago

Disgusting!

Viking
5 months ago

Heinz Wattie’s to shut Auckland, Christchurch, Dunedin factories, 350 jobs hit
Food manufacturer Heinz Wattie’s plans to shut three New Zealand factories, affecting about 350 jobs.
The changes were part of the company’s shift to focus on its long-term strategy, it said.
The proposal would result in the closure of three manufacturing facilities located in Auckland, Christchurch and Dunedin.
“After careful consideration, the company is proposing to discontinue sale and production of frozen vegetables and Gregg’s coffee, as well as dips sold primarily under Mediterranean, Just Hummus and Good Taste Company brands,” it said.
These products would be phased out over the course of the year.

https://www.nzherald.co.nz/business/companies/manufacturing/heinz-wattie-to-shut-auckland-christchurch-dunedin-factories-350-jobs-hit/PREQZWBKVFCCVICLPLLE7ARFFQ/?utm_medium=Social&utm_campaign=hbt_fb&utm_source=Facebook&fbclid=IwY2xjawQd1g5leHRuA2FlbQIxMABicmlkETFBYjNPNXRJVHFsa0FhcGVkc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHqlCGNJnusWMctPl4INaVp37ML5jmk2zajswqgkGB4h_Z7UW2sH6mOpVfaX-_aem_4uUbd-0E_Q4V6fRG0E4O9g#Echobox=1773198688

Around 220 growers in the Canterbury region alone supply the Christchurch site.
The ripple effects of the closures would be felt across entire communities, O’Dwyer-Cunliffe said.
“This is part of an unfortunately familiar pattern of local manufacturing shutting down across Aotearoa.

“We’ve seen it with Carter Holt Harvey at Eves Valley, Sealord in Nelson, Kinleith Pulp and Paper, and now Heinz Wattie’s.
“The Government has been asleep at the wheel while local manufacturing collapses around the country.”

Last edited 5 months ago by Viking
FJA
FJA
Reply to  Viking
5 months ago

I hope the growers can do a similar thing to the potato farmer who lost his contract with Bluebird and started Heartland.

waikatogirl
waikatogirl
Reply to  Viking
5 months ago

The Chinese were dumping goods at any world port that would take their goods after international customers cancelled their orders.

Presumably Heinz-Watties could have passed on purchasing Chinese dumped food instead of shitting on long time local growers. No more Golden Queen peaches or locally grown veggies.
🤬

nasska
5 months ago

And a heartwarming tale of good news at https://www.nzherald.co.nz/nz/torbay-residents-dismayed-about-sale-of-st-mary-by-the-sea/CMXB6EBOG5AULGBGEZIOODJOEY/ It appears that the sellers of smoke are down to 76 die hard, fucked in the head regulars:

#. “Congregation numbers and giving continue to decline. Maintenance of current buildings is continuously deferred,”

Certainly, whatever the land & buildings are repurposed for, it will be an improvement.

FJA
FJA
5 months ago

Two pieces of shit in one day:

Treaty of Waitangi vandal gets off scot free because he’s a clackbunt:

https://theplatform.kiwi/podcasts/episode/sean-plunket-reacts-to-te-papa-vandal-dropped-of-all-charges

and it turns out that we lucky Wellington ratepayers subsidise rents for largely commie public servants:

https://wellington.govt.nz/news-and-events/news-and-information/our-wellington/2022/04/te-kainga

Last edited 5 months ago by FJA
nasska
Reply to  FJA
5 months ago

From FJA’s link:

#. “These family friendly apartments offer long-term tenancies below market rates, which include new whiteware, free Wi-Fi, recycling, refuse collection, and bike parking, with the city’s many attractions right on your doorstep. Applications are prioritised to people in public sector roles.”

IOW unless you’re a Green voting, overbreeding native who can’t afford to buy a car & is employed by Te Puni Kōkiri or the Ministry for Maori Development don’t bother applying.

FJA
FJA
Reply to  nasska
5 months ago

I know of a public servant in their late 20s living in one of the places. Earns around $85k. Hardly on the bones of their arse even if they’re paying off a student loan.

What a sick joke.

Alice
5 months ago

In case this hasn’t been posted here already:

Worth watching:

Things are actually worse here than in Britain thanks largely to Ardern.

https://www.youtube.com/watch?v=4Ckq-00eekE

waikatogirl
waikatogirl
5 months ago

https://www.youtube.com/watch?v=d48hTu2nq5E
Shane Jones: It’s about time we step away from mythology & use our resources for economic security

Last edited 5 months ago by waikatogirl
waikatogirl
waikatogirl
5 months ago

The madness of Starmer’s Labour Party

https://www.youtube.com/shorts/0fY77jpMfT8
No criticism of Islam
Short

Viking
Reply to  FJA
5 months ago

Its dunners. All the sick bastards and queers will be there.

nasska
5 months ago

Meanwhile at the Tauranga Gerontocomium life drags on:

Tauranga-46
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