Category Archives: Carisbrook

City Property . . . .

### ODT Online Sat, 10 Jun 2017
Property boss quits
By Chris Morris
The man in charge of the Dunedin City Council’s multimillion-dollar property portfolio has quit following a review by independent auditor Deloitte. [A] Council spokesman ….yesterday confirmed city property manager Kevin Taylor resigned last week. [DCC] responding to Otago Daily Times questions by email, declined to say what Deloitte’s review had found, insisting the final report was “still being considered”. The development came three months after the ODT reported the department responsible for property worth hundreds of millions of dollars was being reviewed ….The role was expected to change in future, with a “specific focus” on community and civic properties ….Mr Taylor’s departure was the latest upheaval for the city property department, following the departure of former city property manager Robert Clark in 2014, and his assistant manager, Rhonda Abercrombie, the following year.
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### ODT Online Fri, 10 Mar 2017
Council’s property department under review
By Chris Morris
The performance of the Dunedin City Council’s city property department is under the scrutiny of an independent auditor. It was confirmed yesterday Deloitte had been called in to examine the department responsible for property worth hundreds of millions of dollars. It is understood the review’s focus was on the department’s performance, and any suggestion of impropriety has been ruled out. Deloitte has been brought in to provide extra resources for the review, but city property manager Kevin Taylor has been replaced in the day-to-day running of the department.
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### ODT Online Tue, 15 Sep 2015
Property manager quits DCC
By Chris Morris
Dunedin City Council manager Rhonda Abercrombie has resigned abruptly, but nobody is prepared to say why. Mrs Abercrombie, the council’s assistant city property manager, handed in her notice last week but was no longer working at the council’s Civic Centre building.
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### ODT Online Tue, 29 Apr 2014
Quick exit for another DCC senior manager
By Debbie Porteous
Another senior manager is to have a quick exit from the Dunedin City Council after the announcement yesterday of his departure. Economic development and property group manager Robert Clark will clear his desk on Friday. He is returning to the commercial sector after six years with the council. Mr Clark’s withdrawal from the organisation comes after a proposal was circulated to staff last month in which his position was effectively disestablished, his responsibilities split between new positions to be created under a new council operating structure. The structure was developed by chief executive Dr Sue Bidrose in a review of the council’s property and economic development operations.
Read more

Dunedin City Council – Media Release
Manager Economic Development and Property moving on

This item was published on 28 Apr 2014
The Dunedin City Council’s Group Manager Economic Development and Property Robert Clark is leaving the organisation after six years to return to the commercial sector. General Manager Infrastructure and Networks Tony Avery says Mr Clark’s last day at the DCC will be on Friday, although he will continue to do transitional consulting work in the coming months on some significant projects.
Read more

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For some weeks, independently of today’s news, the Dunedin grapevine has been rattling (autumn leaves) with tales of the missing City Property reserves, worth millions.

WHAT, you say. Noooooo.

Let’s hope our elected representatives are onto it.
Historical, it appears.

Thus the shadow boxing about town: raising all the circular questions of who and how, historically.

New blood to a system is supposed to flush out nasties, this takes hard analysis of past annual reports and investments, and of ‘figures’ present and correct —or not. Anything strange or unseemly, a mere whiff of stray fur, should be swiftly signalled to the chief executive for immediate independent audit, especially if to do with a property division.

The age-old question for local government continues to be: if you’re not a business person, how do you smell rats in your balance sheets and upon whom do you rely for sound advice, internally and externally, for the health and solid whereabouts of your ratepayer funds and assets. Indeed, without this staunch critical oversight how on earth can a council operate or even run its companies.

And how do you screen applicants; and monitor job performance.
Without great gaping holes in the cheese and skirtings, People!

[pennlive.com]

Related Post and Comments:
A selection only. Some comments or links to related posts under these post titles are very telling in the collective sense.
26.2.17 No news : Appointment of Group CFO
14.2.17 DCC not Delta #EpicFail : Wall Street falsehoods and a world class debt
22.1.17 DCC LGOIMA Response : Wall Street Mall and Town Hall Complex
9.9.16 Calvert on DCC, ‘We could have a much more democratic and transparent operation of council’
12.8.16 DCC trifecta : openness, transparency, accountability —All dead?
10.6.16 g’bye & ’ello [GCFO resigns]
3.12.15 DCC factory crew issues, ELT, CEO….
16.11.15 DCC operating deficit $1M worse than budget
6.11.15 DCC non compos mentis
8.9.15 DCC Citifleet: Council steered off SFO investigation
17.3.15 DCC whistleblowing —what is open government ?
23.2.15 Wall Street Mall drops glazing panel to George Street
29.12.14 DCC gets QLDC talent…. the weft and warp deviously weaves
18.12.14 DCC: Deloitte report released on Citifleet
18.9.14 DCC considers sale of “149 properties”
15.9.14 Cull’s council spent the cash
11.9.14 DCTL: New treasury manager
8.9.14 Jim Harland and the stadium MESS
1.9.14 DCC Fraud: Further official information in reply to Cr Vandervis
28.4.14 DCC loses City Property manager in restructuring
28.8.14 DCC: Tony Avery resigns
22.8.14 DCC: Deloitte report referred to the police #Citifleet
31.7.14 DCC: Services and development #staffappointment
3.7.14 Stuff: Alleged vehicle fraud at DCC
1.7.14 DCC: Far-reaching fraud investigation Citifleet
3.6.14 DCC unit under investigation
2.5.14 DCC $tar-ship enterprise
24.1.14 Stadium: It came to pass . . .
28.12.13 Sue Bidrose, DCC chief executive
18.11.13 DCC: New chief executive
24.9.13 DCC chief executive Paul Orders recommended for Cardiff
14.10.13 DCC: New chief financial officer
7.9.13 Stadium: $266 million, more or less?
2.8.13 DCC, Stadium —sorry picture
24.7.13 DCC / DCHL shake up !!!
4.7.13 Carisbrook: DCC losses
25.5.13 Paul Orders: Dunedin or Cardiff ???
11.5.13 Stadium: Truth, usual whitewash or prosecution ?
21.3.13 DCC: Opportunity created by Stephens’ departure
20.11.12 Dunedin City Council vs Anzide Properties decision: The road “has no legal basis”
31.10.12 Dunedin City Council – all reports posted, belatedly!
26.10.12 DCHL borrowed $23 million to bail DCC
22.8.12 Mr Orders, sir! About your staff expertise…
9.6.12 City Property to compete more obviously in the market (their excuse: PPP)
4.5.12 Who was it – Malcolm Farry? Peter Brown?…
9.11.11 Paul Orders for change!
17.9.11 Paul Orders starts Monday
19.5.11 Information received today
29.12.10 Jim Harland
29.10.10 DCC Chief Executive resigns – timing is everything!
16.8.10 Dunedin City Council security for borrowings
29.7.10 Dunedin social housing
12.6.10 DCC Media Release – CEO salary and performance
18.5.09 Mayor Peter Chin: ‘not about social housing’

Posted by Elizabeth Kerr

This post is offered in the public interest.

10 Comments

Filed under Architecture, Business, Carisbrook, Citifleet, Construction, DCC, DCHL, DCTL, Democracy, Design, Dunedin, Economics, Education, Finance, Health & Safety, Heritage, Housing, Media, New Zealand, OAG, Ombudsman, ORFU, People, Pet projects, Politics, Project management, Property, Public interest, Resource management, SFO, Site, Sport, Stadiums, Travesty

thoughts and faces #loosematerial

My father [never a follower of the FedUp Farmers, as he deemed them; always the campaigner for removal of farm subsidies, to enhance production and market competition] had ‘stock’ phrases with which to judge the faces of female adversaries, those with little brain or spine in politics, pretenders. One adept phrase that sticks in my mind is “like a horse eating thistles” —so I look on the following with my tinted lens, and laugh, rurally (ruefully). No one target.

On 19 May @StuFleming tweeted: “Spend $200k, revenue projections of $2.4M to others, 10% margin yields say $240k net”
[minus ODT news photo of face]

[DUD ‘money hype’ typically depends on false multipliers, anechoic silences, and arrogant self-belief —this (yes) bleak statement applies across a broad range of proposed deals and associated marketing detritus in the city, especially to events, conferences, sport, hospitality and accommodation, and even the re-use (Not conservation) of truly rare and precious instances of historic heritage] Here’s to all the fricking horses out there, including hypocritical colleagues and friends with blinkers like demo balls prepared to squeeze the last dollar and pass us to Hell. Anyway, back to “the business”…. cargo cult tourism. The wider effects of tourism are like those of dairying. Too many eggs in one basket and everybody (I mean, everybody) ends up doing it badly —killing Our Place for generations. Greed, like endorphins, like a running addiction, binds them up. They think they’re bright, they think they’re enablers (read risk takers/investors centred on their own gains only), they think they’re entrepreneurs, better than others (but because I for one will tell you things you don’t want to hear, you’ll say “I’ll ring you tomorrow”, that silence again) but they’re just funneled, tunneled sheepybaas – doing it wrong. Like cows, deer, Chinese gooseberries (Kiwifruit!), wines, stadiums….. or ‘getting a room’ behind the poorly remembered, heavily made-up, Disney’d facade of our city and nationhood. The worst kind didn’t, or didn’t bother to, ‘grow up’ here. They get desperate, create mess, import other yes men. Ring you like nothing happened, their exploits —not to ask deeply madly who and how you really are.

### ODT Online Sat, 20 May 2017
Trenz prompts high aspirations
By David Loughrey
Next year’s Trenz conference in Dunedin is set to cost ratepayers $200,000, but the long-term pay-off should run well into the millions.
The Dunedin City Council will next week be given an idea of the costs to the city of hosting the conference from May 7 to 10, and also the estimated benefits. The city learned last week it would host the tourism industry event next year, bringing up to 1200 international travel and tourism buyers, media and New Zealand tourism operators to Dunedin. It will be the first time the event, run by Tourism Industry Aotearoa (TIA), has come to Dunedin and the first time it has been hosted outside Auckland, Rotorua, Christchurch or Queenstown since it began in the 1960s. Trenz is an opportunity for New Zealand tourism operators to sell their product to buyers, effectively overseas travel agents who put together itineraries for overseas tourists. Attracting more than 350 buyers to experience the tourism products on offer here is considered a huge coup. On average, each buyer sends 4000 visitors a year to New Zealand, totalling 1.5 million. It comes as figures show New Zealand’s tourism market is expected to continue to grow strongly, topping $15 billion by 2023. Tourism contributes more than $690 million to Dunedin’s economy every year.
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Meanwhile, although we (‘our stock’ NZ) and the UK farm gate look pretty much the same……

‘Herdwick Shepherd’ aka James Rebanks (@herdyshepherd1) farms Herdwick sheep in the English Lake District. Author of bestselling memoir, The Shepherd’s Life:

### ODT Online Saturday, 20 May 2017
OE to Britain set to get tougher
Prime Minister Bill English says the Conservative Party’s new plans to clamp down on immigration will sting New Zealanders wanting to live in the United Kingdom, including on the traditional OE, but there is little he can do until Brexit is completed. The British party’s election manifesto includes plans to drastically cut net migration from 273,000 to less than 100,000 by targeting students and those on working visas. It proposes cutting the number of skilled migrants to get visas, higher levies on employers who take on migrant workers and tripling the National Health Service immigration health surcharge from £200 to £600 ($NZ380 to $NZ1130) a year for those in the UK on visas of more than six months and 450 for international students. That surcharge increase will also affect those on the traditional OE, although there is no mention of scrapping the two-year youth mobility visa which allows young New Zealanders to get a two-year visa to work and travel in the United Kingdom. Mr English said the changes would affect those on their OE but they would have to grin and bear it until Brexit was completed. NZME.
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Super City mayor Phil Goff has a plan for getting money from tourists – it bears some similarity to that of the Mongrel Mob……

### NZ Herald Thu, 18 May 2017
Winston Aldworth: Seeking the smart money
OPINION What do Phil Goff and the Mongrel Mob have in common? As hundreds of travel industry figures from all around the world gathered in Auckland for last week’s Trenz conference, one of the many topics up for discussion was the Auckland mayor’s enthusiasm for a hotel bed tax on visitors to the city. Meanwhile, up north at Ahipara on Ninety Mile Beach, three German tourists were approached by two local Mongrel Mob members who told them that they were on Maori land, and had to pay koha. They also told the tourists they’d be taking a few of their cigarettes. A tobacco tax, if you will. Perhaps their plan for putting heavy taxes on visitors was inspired by the Super City mayor. Goff’s bed tax is about as blunt an instrument as the Mob’s shakedown. “Look there’s a foreigner! Let’s get a couple of bucks off them.” The airport tax introduced by John Key a year ago is equally clumsy. It’s a travesty that these tariffs are the best we can come up with for making money out of tourism. Yes, other countries put dull levies on visitor arrivals, but that’s no reason to follow suit. We New Zealanders pride ourselves on being innovators, so let’s find innovative ways to get more money out of the tourism sector. Both Goff and Key were ministers in governments that did everything they could to remove tariffs from the dairy trade. Today, the best and brightest marketing wallahs of Goff’s inner circle are putting forward a plan no more sophisticated than one devised by two Mongrel Mob members standing on a Northland beach. I’m not against making money out of tourists — quite the opposite, in fact. I think it’s terrific that our country can be boosted by an industry that encourages us to care for our environment, celebrate the things that make our culture unique and spreads revenue quickly and efficiently to the regions. But how about instead of putting a dumb tax on the visitors, we upsell them? Take their money at the gate for sure, but give them something special in return.
Read more

Enough randomising. More rain and ice falls.

Posted by Elizabeth Kerr

This post is offered in the public interest.

24 Comments

Filed under Architecture, Baloney, Business, Carisbrook, Central Otago, COC (Otago), Concerts, Construction, Corruption, Crime, CST, Cycle network, Democracy, Design, Dunedin, Economics, Education, Electricity, Enterprise Dunedin, Events, Finance, Freedom camping, Geography, Health & Safety, Heritage, Highlanders, Hospital, Hotel, Housing, Infrastructure, Media, Music, Name, New Zealand, NZRU, OAG, Offshore drilling, ORFU, Otago Polytechnic, People, Perversion, Pet projects, Politics, Pools, Project management, Property, Public interest, Queenstown Lakes, Resource management, SDHB, SFO, Site, South Dunedin, Sport, Stadiums, Technology, Tourism, Town planning, Transportation, Travesty, University of Otago, Urban design

No Integrity | Cull’s FULL INSULT to Ratepayers and Residents

mayoral-bs-green-diarrhoea-1

The Star cites the Mayor-terrible:
“Creating the Vision. 2017: Positive, confident, outward-looking Dunedin”

█ Go to http://www.thestar.co.nz/news/creating-the-vision/

Opinion. The Mayor is a disgrace.

Starter for 10:
1. Responsible for DCC flooding South Dunedin in 2015
2. Responsible for Council’s lack of infrastructure spending and monitoring
3. Responsible for wasting +$20million pa of Ratepayer funds to prop up the loss-making Stadium
4. Responsible for Council not investigating the misuse of public funds by Carisbrook Stadium Charitable Trust
5. Responsible for wasting millions of Ratepayer dollars on unworkable cycleways
6. Responsible for overseeing lack of prosecutions for Jacks Point and Luggate
7. Responsible for Council ignoring constructive fraud and money write-offs at Noble Yaldhurst
8. Responsible for lack of prosecutions for Citifleet (+152 cars sold on, 2003-2013)
9. Responsible for lack of progress with council debt reduction
10. Responsible for criminal neglect of Otago’s power network via Aurora/Delta/DCHL boards and management

So yeah. Has kept Dunedin’s economy at a standstill since being elected to office.

Not a smart learner.
Deals in OBFUSCATION, hides behind deadbeat mouthpieces while practising a pronounced lack of fiducial responsibility to Ratepayers and Residents.
Ending in chaos and disaster for those set to inherit ‘Dunedin’.

Re lack of vision…
Responsible for the lack of Health & Safety leading to an appalling eye injury at the DCC-managed New Year 2017 event held in the Octagon.

Your main job, Mr Mayor, is to get the Otago power network and Dunedin’s water infrastructure, roads, reserves and community owned assets into first class working order.

But actually, just f*** off altogether.

Wanted: New leader with a cool business head, capable of rigour and empathy.

Posted by Elizabeth Kerr

This post is offered in the public interest.

21 Comments

Filed under Agriculture, Aurora Energy, Baloney, Business, Carisbrook, Central Otago, Citifleet, Climate change, Concerts, Construction, Corruption, Crime, CST, Cycle network, DCC, DCHL, DCTL, Delta, Design, District Plan, DPAG, Dunedin, DVL, DVML, Economics, Electricity, Enterprise Dunedin, Events, Finance, Geography, Health, Highlanders, Hot air, Hotel, Housing, Infrastructure, LGNZ, Museums, Name, New Zealand, NZRU, OAG, Offshore drilling, Ombudsman, ORFU, People, Perversion, Pet projects, Politics, Pools, Project management, Property, Proposed 2GP, Public interest, Queenstown Lakes, Resource management, SFO, South Dunedin, Sport, Stadiums, Tourism, Town planning, Transportation, Travesty, Urban design

How to drop Crombie and the mafia from City boards

Or read, how the new city council will continue to undermine the Ratepayers and Residents of Dunedin, as well as the power consumers and district councils of Otago, just like before…. by allowing ill-considered (shoulder tap) appointments of a ‘class of morons’ to the boards of the City companies.

Troughers Unite.

ODT 11.1.17 (page 4)

odt-11-1-16-in-brief-p4-1

Posted by Elizabeth Kerr

This post is offered in the public interest.

8 Comments

Filed under Aurora Energy, Carisbrook, Central Otago, Construction, Corruption, DCC, DCHL, DCTL, Delta, Democracy, Design, Dunedin, DVL, DVML, Economics, Education, Electricity, Events, Finance, Geography, Health, Highlanders, Housing, Infrastructure, Media, Name, New Zealand, NZRU, OAG, Ombudsman, ORFU, People, Perversion, Pet projects, Politics, Project management, Property, Public interest, Queenstown Lakes, Resource management, SFO, Site, Sport, Stadiums, Tourism, Town planning, Travesty

Hilary Calvert on Deloitte report for Aurora/Delta

ODT 30.12.16 (page 12)

2016-12-30-17-00-18

aurora-webpage-detail-as-at-30-12-16-safety
Aurora – Safety webpage (detail) 30.12.16

WorkSafe New Zealand
Contact WorkSafe 0800 030 040
http://www.worksafe.govt.nz/worksafe

Energy Safety
Part of WorkSafe New Zealand, Energy Safety acts as the regulator for ensuring the safe supply and use of electricity and gas in New Zealand. Energy Safety is responsible for providing an effective investigation, compliance, enforcement, and conformance regime for achieving electrical and gas safety outcomes.
http://www.energysafety.govt.nz/

Note: On Monday 4 April 2016, the new Health and Safety at Work Act 2015 (HSWA) came into effect. HSWA repeals the Health and Safety in Employment Act 1992, with immediate effect.

aurora-delta-bovver-boys-29-11-16-douglas-field-detail‘Delta’ bovver boys by Douglas Field 29.11.16 (detail)

On 19 October 2016 former Delta manager Richard Healey went public about workplace and public safety concerns at Dunedin and across Otago via TV3’s Story (newshub.co.nz).

From 19 October through November posts and comments at What if? Dunedin, including those by Richard Healey, focused on the dangerous network, and poor governance within the council owned companies Aurora/Delta, within the council’s holding company DCHL, and within the duly elected Dunedin City Council itself [relevant trimesters].

The full extent of the dangerous and deliberately degraded network is attributable to criminal negligence and extreme mismanagement of financial resources (public funds).

The young inexperienced chief executive of the companies Aurora/Delta, Grady Cameron, has personally resisted taking any blame for the dangerous network – note, the findings and advice of the 2010 report by LineTech Consulting, commissioned shortly after Cameron’s appointment, have failed to flow into various Asset Management Plans drafted by Aurora, subsequently.

As a result of Richard Healey’s revelations three investigations were to take place:

1. Deloitte report for DCHL (released 12 Dec 2016)
2. Energy Safety (WorkSafe) investigation (no date given for release)
3. Commerce Commission investigation – industry regulator (no date given)

The courts await.

I N ● J U S T ● O N E ● M O N T H

Related Posts and Comments:
28.12.16 Just beginning…. inquiries into council company rogues
27.12.16 Michael Lewis : The Undoing Project —Interview… #RNZ
25.12.16 The very idea
22.12.16 What GIVES : Aurora/Delta/DCHL/DCC…Energy Safety…ComCom ??
20.12.16 Aurora/Delta : RNZ’s Kathryn Ryan with Rod Oram
16.12.16 Tim Hunter, NBR —Aurora/Delta, DCC and ComCom
16.12.16 Delta #EpicPowerFail 8 —Stuart McLauchlan : contamination, code…
15.12.16 DCHL/Aurora/Delta unravelling
14.12.16 Bev Butler queries invoices for Delta hospitality at Stadium #LGOIMA
14.12.16 Aurora/Delta : Richard Healey on the [SOON departing] CEO
13.12.16 DCHL/Aurora/Delta ‘PR fashion statements’ fb DCC rates increases
12.12.16 Deloitte report released #Delta #Aurora
9.12.16 Deloitte report pending —Public Notice at ODT | Facebook entry
7.12.16 Delta/Aurora : Nobody’s willing to call it after misrepresentations
7.12.16 Audit and Review, Deloitte
3.12.16 Delta/Aurora : The Dirty Twist —EXTREME Misrepresentation…
1.12.16 Oi Grady— “It’s Us, Delta’s Electrical Workforce, unanimously!”
30.11.16 Delta #EpicPowerFail 7 : Kyle Cameron —The Money or the Bag?

█ For more, enter the terms *delta*, *aurora*, *grady*, *luggate*, *jacks point*, *dchl*, *auditor-general*, *noble*, *yaldhurst* or *epic fraud* in the search box at right.

delta-mobile-substation-willis-st-12-11-16-1-img_1206Mobile substation Willis St, Harbourside 12.11.16 [photo: Christchurch Driver]

Posted by Elizabeth Kerr

This post is offered in the public interest.

1 Comment

Filed under Aurora Energy, Business, Carisbrook, Central Otago, DCC, DCHL, DCTL, Delta, Democracy, Design, Dunedin, DVL, DVML, Economics, Education, Electricity, Finance, Geography, Health, Highlanders, Infrastructure, Media, Name, New Zealand, NZRU, OAG, Ombudsman, ORFU, People, Perversion, Pet projects, Politics, Project management, Property, Public interest, Queenstown Lakes, Resource management, SFO, Site, Sport, Stadiums, Tourism, Town planning, Travesty, What stadium

Michael Lewis : The Undoing Project —Interview with Kathryn Ryan #RNZ

Link received 27/12/2016 at 3:21 p.m.
Message: A lesson for some Dunedin ‘luminaries’ perchance?

michael-lewis-tabitha-soren-w-w-norton-company-bw-by-whatifdunedin

It’s amazing how resistant, particularly powerful men, are to people coming from outside and giving them advice on how to make decisions.
Michael Lewis

RNZ National
Trust your gut? Think again
From Nine To Noon with Kathryn Ryan, 10:09 am on 21 December 2016

[Abridged.] Michael Lewis is one of the most famous non-fiction writers in America. He has written 14 books, edited one and is a regular contributor to Vanity Fair. His books include the global best-selling Flash Boys – an expose of high speed scamming in the stock market; The Big Short: Inside the Doomsday Machine – an account of shady financial transactions and accounting that led to the 2008 global financial meltdown and on which the film The Big Short was based and Moneyball, the story of a maverick outsider who beat the system.

Lewis’s new book is called The Undoing Project in which he profiles the professional and personal relationship between the behavioural psychologists Daniel Kahneman and Amos Tversky. Kahneman and Tversky’s work shed new light on how humans make decisions when faced with risk and uncertainty. They established that we generally trust our gut instinct, over the evidence, to guide our decision-making.

michael-lewis-the-undoing-project-cover-image-simonandschuster-com[simonandschuster.com]

Lewis says he came across Kahneman and Tversky after writing Moneyball. He says the two were very different personalities and that made for the perfect team.

“They sensed in the other something they wished they had. Kahneman is an unbelievable creative mind he really has a mind more like a poet or a novelist filled with these flashing insights about human nature. Tversky wanted to be a poet but he has a scientific, logical mind. He’s a brilliant logician.”

The two decide to come together and study how the human mind works. That work became an examination of human fallibility – the weakness of the human mind. They designed experiments to show how our mind plays tricks on us.

One they stumbled on was a phenomenon they called anchoring that skews human decisions. They also established that we are terrible at assessing risk – we rate risk based on what’s most memorable which tends to be what happened most recently.

michael-lewis-advice-from-experts-marketwatch-com[marketwatch.com]

“People long for the world to be a far more certain place than it is, instead of dealing with uncertainties they tell stories that make it seem much more certain and respond to stories that make it seem much more certain than it is. A politician speaking in certain terms as if he’s infallible has weirdly an advantage – even though we shouldn’t believe him. We’re very vulnerable to people who simulate certainty.”

Lewis is unsure whether this inbuilt fallibility can be fixed.

“I hate to sound fatalistic but one of the big takeaways from [Kahneman and Tversky’s] work is just how hard it is to correct for human fallibility – they equate cognitive illusion with optical illusion.”
Read more

Audio | Download: Ogg MP3 (26′07″)

Michael Monroe Lewis (born Oct 15, 1960) was born in New Orleans to corporate lawyer J. Thomas Lewis and community activist Diana Monroe Lewis. He attended the college preparatory Isidore Newman School in New Orleans. He then attended Princeton University where he received a BA degree (cum laude) in Art History in 1982 and was a member of the Ivy Club. He went on to work with New York art dealer Daniel Wildenstein. He enrolled in the London School of Economics, and received his MA degree in Economics in 1985. Lewis was hired by Salomon Brothers and moved to New York for their training program. He worked at its London office as a bond salesman. He resigned to write Liar’s Poker and become a financial journalist. A contributing editor to Vanity Fair since 2009. More at Wikipedia.

Vanity Fair – Hive: Politics
Donald Trump and the Rules of the New American Board Game
By Michael Lewis Dec 18, 2016 7:00 pm
While volunteering at his daughter’s new high school, Michael Lewis watched kids of all races and backgrounds react to Trump’s election with a peaceful demonstration of their grief and fear. It inspired a game he’s devised for thinking about the future. Link

Vanity Fair – Hive: Politics
Obama’s Way
By Michael Lewis Sep 11, 2012 6:12 pm
To understand how air-force navigator Tyler Stark ended up in a thornbush in the Libyan desert in March 2011, one must understand what it’s like to be president of the United States—and this president in particular. Hanging around Barack Obama for six months, in the White House, aboard Air Force One, and on the basketball court, Michael Lewis learns the reality of the Nobel Peace Prize winner who sent Stark into combat. Link

Posted by Elizabeth Kerr

This post is offered in the public interest.

*Image: Michael Lewis by Tabitha Soren / W.W. Norton Company
blackwhite by whatifdunedin

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Filed under Aurora Energy, Business, Carisbrook, Central Otago, Citifleet, Climate change, Concerts, Construction, Corruption, CST, Cycle network, DCC, DCHL, DCTL, Delta, Democracy, Design, District Plan, Dunedin, DVL, DVML, Economics, Education, Electricity, Enterprise Dunedin, Events, Finance, Geography, Health, Hot air, Infrastructure, LGNZ, Media, Museums, Name, New Zealand, NZRU, NZTA, OAG, Ombudsman, ORC, ORFU, People, Perversion, Pet projects, Police, Politics, Pools, Project management, Property, Proposed 2GP, Public interest, Queenstown Lakes, Resource management, SDHB, SFO, South Dunedin, Sport, Stadiums, Tourism, Town planning, Transportation, Travesty, Urban design

Stadium : Used car and underwear sales down #missdpopularitycontest

The man running Dunedin’s Forsyth Barr Stadium says the venue is still hunting for sell-out concerts, despite being overlooked by a string of top international acts.

### ODT Online Tue, 27 Dec 2016
Concert quest ongoing despite setbacks
By Chris Morris
After a bumper period last year in which Rod Stewart, Fleetwood Mac and Neil Diamond all performed at the stadium, the venue’s international concerts have dried up, the last being Black Sabbath’s show in April. Hopes more big acts would stop in Dunedin this summer were dashed when performers such as British rockers Coldplay and pop superstar Adele opted for shows in Auckland instead…. Dunedin Venues Management Ltd chief executive Terry Davies [said] this summer’s “dry” period for concerts in Dunedin would continue for the first half of 2017.
Read more

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Listen:
### radionz.co.nz Fri, 12 Dec 2008
Radio NZ National : Nine to Noon with Kathryn Ryan
Carisbrook Stadium in trouble (Link)
09:30 Malcolm Farry, Chairman Carisbrook Stadium Trust; and Jeff Dickie, property investor and outspoken critic of the stadium.
Audio | Download: OggMP3 (13′15″)

The instant the CST and the council started believing in their own hype and spin about Dalai Lama visits, world swimming championships and Royal tours was the moment that this city’s ratepayers were doomed to have to meet all of the “private funding”.
–Russell Garbutt ODT 13.4.12

garrick-tremain-on-the-chin-13-5-12Garrick Tremain – 13 May 2012

At various times, it was imagined that it might host international soccer, rugby league and even swimming; that penguins would frolic in a (converted) adjoining quarry, and not just that the biggest names in rock music would visit, but, perhaps, the Dalai Lama and British royalty.
–Steve Kilgallon Stuff 3.6.12

Then….

### channel39.co.nz Tue, 17 July 2012
Dalai Lama’s proposed visit puts smile on face
The Dalai Lama’s proposed visit to Dunedin has put a wry smile on the face of the man behind Forsyth Barr Stadium.
Video

garrick-tremain-our-room-17-1-14Garrick Tremain – 17 Jan 14

garrick-tremain-punchbag-1-oct-2014Garrick Tremain – 1 Oct 2014

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Full article:

[before we knew the GOBs were completely buggering Dunedin and Central Otago’s electricity network]

### Stuff.co.nz Last updated 05:00 03/06/2012
House of Blame
By Steve Kilgallon – Sunday Star Times
AMBITIOUS: The Forsyth Barr Stadium has left a city divided and its ratepayers facing vast debts.
….In June 2008, two major concert promoters had told the D-Scene newspaper what should have been self-evident: Dunedin was too small, remote and student-oriented to provide the sales base to attract big-name acts. In February this year, council-owned stadium management company Dunedin Venues Management Limited’s (DVML) chief executive David Davies said concert bookings for the stadium would be “thin” in 2012. “What’s thinner than one?” asks Garbutt. Cull says the council has to leverage the advantage of having a roof, guaranteeing events won’t be rained off. Farry, who wanted to run the stadium for its first two years, is disappointed the council hasn’t attracted more concerts.
Read more

*The same article, retitled, appears at Stuff Sport: Stadium builds under fire

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### Stuff.co.nz Last updated 12:38 14/09/2012
Councils should stay away from business
By Chalkie – Tim Hunter
There are people who believe local councils should own businesses because they generate returns and ease the burden on ratepayers. Chalkie is not one of them. Your humble correspondent thinks councils should stick to their knitting. The reasons are many and varied. Taking a couple of examples at random:
a) Councils can start to think they are there to make money instead of, say, distribute water; and
b) Councils are not commercially savvy shareholders.
Poppycock, you say. Show me a single case of a council’s emptyheaded pursuit of unprofitable goals. In response, Chalkie invites you to consider Dunedin. In that southern city the council is the proud owner of Dunedin City Holdings, whose job, according to its report, is “to manage the commercial investments of the Dunedin City Council to maximise returns”. The businesses under DCH’s umbrella include electricity network company Aurora, forestry company City Forests, the Taieri Gorge Railway Company and an engineering business called Delta Utility Services. DCH’s 2012 numbers are not yet available, but last year it trumpeted an improvement in revenue and profit and a total cash return to the council of $23.2 million. If you thought that was a good result, you’d be wrong. When you look at several years of DCH numbers a disturbing pattern emerges of ever-increasing millions being borrowed and pumped into underperforming assets. The cashflow statements tell the story.
Read more

Posted by Elizabeth Kerr

This post is offered in the public interest.

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