She’s right: “We are a very poor city.” —Cr Hilary Calvert

### ODT Online Mon, 27 Apr 2015
Ethical policy decision tomorrow
By Vaughan Elder
The Dunedin City Council is set to make a final decision tomorrow on whether to dump investments in fossil fuel extraction. The vote comes after councillors were hailed as visionary when they voted in favour of an ethical investment policy, which also includes divesting from investments in tobacco, arms, gambling and pornography, for the $82.5 million Waipori Fund. […] Cr Hilary Calvert, who voted against divestment last year, said she could understand why others supported the policy, but divestment was a luxury the council could not afford.
Read more

Report – Council – 28/04/2015 (PDF, 1.0 MB)
Updated Statement of Investment Policy and Objectives for Socially Responsible Investing

Report – Council – 28/04/2015 (PDF, 428.2 KB)
Waipori Fund – Report for Quarter Ending March 2015

Posted by Elizabeth Kerr


Filed under Business, DCC, Democracy, Economics, Media, Name, New Zealand, Offshore drilling, People, Politics

15 responses to “She’s right: “We are a very poor city.” —Cr Hilary Calvert

  1. reporter

    Are there no bounds to Miss MacTavish’s fields of expertise? I note she now has crystal ball type vision as to the direction that the financial markets will take in the next decade. She is wasted on us. She should be on Wall Street or perhaps at the right hand of the Almighty acting as his visionary.
    Shame she can’t recognize a fragile local economy when she is indeed immersed in one. As Rome burns the common denominator of effectual persons of Dunedin lowers as people and businesses close up shop and leave the city. We are left with starry eyed incompetent governors who ply their fantasies wanting to improve our lot through fuzzy thinking.
    Better a man short.

    • O me miserum

      OMG – just when the ratepayers are on their knees; sending their kids to school without lunches, farming ratepayers having to slaughter capital stock on account of ‘drought driven’ circumstances, dairy farmers (who pay in excess of $10,000 in rates annually) suffering a 50% reduction in their revenue we have this manic Councillor who dreams of panacea where (inter alia) a hill city can be converted to a cycling Mecca. What ‘state of the art’ mania this woman exhibits while enjoying all the comforts of an existence that she condemns. But not to worry, ‘the inmates are safely in charge of the asylum, the fox is guarding the hen house, and under the guidance of Cr MacTavish’s command, the race to Dunedin’s oblivion is on.

      • Calvin Oaten

        O me miserum, It’s not a race to oblivion, it’s a ‘fait accompli’. The irony of it all is that if Jinty could only briefly touch reality and look at the truth of the ‘fossil fuel’ industry she would see that with the latest technology the USA has forced itself back into becoming the world’s premium producer of both oil and gas on the planet bar nobody. Not Russia, China, Saudi Arabia, no-one. Oil / gas as the number one energy producer is assured for the next one hundred years. Disinvest by all means but don’t think for a moment that she is doing any favours for Dunedin’s citizens, only satisfying her own atavistic yearnings.

  2. Hype O'Thermia

    Does Dunedin’s economy exist to satisfy one person’s yearning for a green halo?

  3. Elizabeth

    Ahhh Mr Doug Harvie of Highlanders and ORFU fame – and Co, check out the NZ Companies Register for tangled thickets of Otago investment friends and not-so friends. Await developments.

    HGW is the trustee company for Dunedin accountancy firm Harvie Green Wyatt.

    ### ODT Online Sat, 9 May 2015
    Appeal’s implications relevant for trustees
    By Dene Mackenzie
    Dunedin city councillor Hilary Calvert is planning to appeal a High Court of New Zealand decision which awards costs against her and HGW Trustees following the latest twist in a complicated court case. Ms Calvert’s husband and spokesman Alistair Broad said in an interview yesterday it was important Ms Calvert appealed the costs decision because it had wide-ranging implications for thousands of trustees throughout New Zealand.
    Read more

    Mr Broad is correct.

  4. Elizabeth

    Right again.

    Cr Calvert told yesterday’s meeting the council should remain “impartial” by keeping companies “at arm’s length”.

    ### ODT Online Wed, 17 Jun 2015
    Warning for council over business ties
    By Chris Morris
    The Dunedin City Council has been warned not to get too cosy with businesses it might end up having to sue. The caution came from Cr Hilary Calvert as members of the council’s audit and risk subcommittee discussed a draft procurement policy yesterday.
    Read more

    • @Elizabeth
      June 17, 2015 at 3:50 pm
      Right again.
      You’re darn toot’n she is right again.
      What is it with these other people here? We are essentially talking client / contractor relationships here not some cuddly cosy luvvy dovey affair. Case in point the St Clair sea wall. Do you need to sue for divorce in such cases before you get things fixed when you are no longer in bed with the contractor because he is having an ‘extra marital’ affair?
      Cr Richard Thomson, another committee member, disagreed. Well he would wouldn’t he. S’pose he had that sort of relationship with a Swann – after all love is blind – so they say!

      • Elizabeth

        Douglas, pleased to see a good array of anti-RT comments at ODT Online re SDHB. He was grabbing media time on ONE News, urgh.

        • Yes saw that – at meal time too – but nothing makes me sick.

        • Elizabeth – I had a look at the array of comments in the ODT. All sorting this goon Thomson but this one at the end said it all.

          ODT Submitted by glougs on Wed, 17/06/2015 – 12:30pm
          Is this the set of people we have appointed to oversee our health services? Two accountants plus one more who was held to account for not noticing fraud? Can’t be anything to do with sick people. More likely about financial services; watch as they contract patients to Auckland.

          I am amazed at this guy’s front. Thomson has no shame at all. He has the gall to keep coming back to continue his malfeasance. And he keeps making stupid statements all the time as a councillor.

  5. Gurglars

    Elect in haste and have at least three years to reflect on your stupidity.

    How many here will admit to voting for Thomson, Benson-Pope, MacTavish, Cull, Wilson, Bezett.

    If you can honestly say you didn’t vote for any of them, you get a freddo frog. If you did you get a snake. (in the grass)

  6. Calvin Oaten

    I’d settle for a nice bottle of 12 yr single malt. Not into frogs myself.

  7. Gurglars

    What about a frog in a bottle as there is two winners. (not bad out of some 66,000 electors)

  8. Hype O'Thermia

    Och ribbit!

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