Money is dished up for the war on plastics, development in Kapiti and the promotion of te reo

It’s been a bit quiet, on the Provincial Growth Fund front. We had supposed (a) Shane Jones needed a breather from ladelling out money up and down the country; (b) the PGF trough needed replenishing; or (c) a mix of both.

We were caught napping, therefore,when the Point of Order Trough Monitor was triggered by a flurry of announcements.

First, in tandem with Associate Environment Minister Eugenie Sage, he announced a $40 million allocation from the PGF for investment in projects to tackle waste. Officials are being despatched to look for suitable recipients.

Then Jones headed for Otaki where the good people of the Kapiti Coast learned they are in the money.  Or a few of them are and the money is modest.  Perhaps they are at the wrong end of the North Island. Continue reading “Money is dished up for the war on plastics, development in Kapiti and the promotion of te reo”

Corporate socialism – funding uplift for Air Chathams and a gondola

It has become hard to keep track of the corporate welfare troughs around the country into which companies dip their snouts.  One challenge in some cases is to find out how much swill has been poured into them.

The Business Dictionary defines corporate welfare as government financial support for big business, usually in the form of bounties, subsidies, or tax breaks.

The Taxpayers Union, which monitors this form of wealth redistribution, a year ago released a report, ‘Socialism for the Rich’, by Jim Rose.  This showed the annual cost of corporate welfare had become $1.6 billion – or $931 per New Zealand household.

Releasing the report, it said:  Continue reading “Corporate socialism – funding uplift for Air Chathams and a gondola”