chinchin #whatisdebt

### radionz.co.nz Monday 8 August 2011 at 14:10
Afternoons with Jim Mora
Dunedin’s Forsyth Barr Stadium
Dunedin ratepayers are facing the prospect of even higher rates to pay for the $200 million stadium. Rates next year could go up by nearly 12 per cent because of a looming budget shortfall. Jim talks to former Dunedin Mayor Peter Chin and project critic Dunedin City Councillor Lee Vandervis.
Audio Ogg Vorbis MP3 (17′10″)

****

The dormouse sleeps.

### ODT Online Fri, 5 Aug 2011
Ex-mayor Chin named in constitutional panel
Former Dunedin mayor Peter Chin is among a dozen high-profile New Zealanders who have been selected to oversee a review of the nation’s constitutional arrangements.
Read more

Posted by Elizabeth Kerr

3 Comments

Filed under Construction, Economics, People, Politics, Project management, Site, Sport, Stadiums

3 responses to “chinchin #whatisdebt

  1. Russell Garbutt

    Well worth a listen folks. I got the impression that ex Mayor Chin was once again way out of his depth, but at least he came out with the admission that he may have been dumped, but getting the stadium was worth it.

    If that isn’t a final admission that this character didn’t care a stuff what the people wanted, but it was more important to ram something through he and his mates wanted, then I don’t know what is.

    A peculiar mix of arrogance and deceit which may yet be called upon to explain to someone else just what he was up to – the clock is ticking.

    • Elizabeth

      Dumped mayor Peter Chin has no grip on figures, we kinda knew that from history.

      Add to that dumped councillor Richard Walls, during his last term as chair of DCC’s Finance and Strategy Committee, wittering on about INTERGENERATIONAL EQUITY.

      What a bunch of incompetents.

      ****

      Let’s not forget independent finance and policy consultant Larry Mitchell’s report on the financial sustainability of New Zealand’s 73 councils (previously mentioned in comments at What if? following a Radio NZ panel discussion on 5 July this year).

      Based on audited annual accounts, Mitchell said the average debt per Dunedin ratepayer was running at four times the average across New Zealand at June 2010; and this is likely to go to five times (June 2011).

      That was, I presume, based on what he could see in the books – not on what was NOT shown.

      Related article (NZ Local Government magazine, 1 March 2011)

  2. Peter

    Since when was Peter Chin a high profile New Zealander? Putting him on a panel of ‘experts’ to look at the nation’s constitutional arrangements seems misplaced. I’m not aware of any brilliance in this area during his years as a lawyer. Enlighten me if I’m wrong.

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