Tag Archives: Fairfax

LGNZ #blaggardliars

Received from Anonymous
Thu, 26 Jun 2014 at 3:17 p.m.

Horowhenua Chronicle 25.6.14 (1)Horowhenua Chronicle 25.6.14

[Anonymous] “Another report by another highly paid expert, strategically placed on the front page to calm the masses only weeks after Horowhenua District Council (HDC) announced rate hikes of 10%.”

[Evidence] No-one believes his crap. Slippery Lawrence Yule treated like yesterday’s scrumpled chip paper.

Our reading preference:

The Ratepayers’ Report is based on data collated by the Taxpayers’ Union, a lobby group, from councils’ annual reports. It also includes information collected independently from the Department of Internal Affairs and Statistics New Zealand. All of this has been checked and sent to the 67 councils involved for them to review. See local government league tables published by analyst Larry Mitchell since 2010.

Related Post and Comments:
12.6.14 Fairfax Media [not ODT] initiative on Local Bodies
21.4.13 Councils “in stchook” —finance & policy analyst Larry.N.Mitchell
30.5.12 Larry.N.Mitchell: 2012 Local Govt League Table Executive Summary

Posted by Elizabeth Kerr

16 Comments

Filed under Business, DCC, Democracy, Economics, Media, Name, New Zealand, People, Politics, Project management, Property, Stadiums

Fairfax Media [not ODT] initiative on Local Bodies

The Taxpayers’ Union in collaboration with Fairfax Media has launched the “Ratepayers’ Report”. (Link)

Comment received from Russell Garbutt
Submitted on 2014/06/11 at 10:04 am

The Fairfax initiative on Local Bodies is an excellent one.

It can be found at http://www.ratepayersreport.co.nz/

It seems that this whole thing has stemmed from the excellent work of Larry Mitchell, in trying to educate Local Bodies as to some financial nous, and also to alert ratepayers to what circumstances their local body has put them in.

I know from experience over many years of trying, that my recommendations to local Councillors to contact Larry Mitchell and learn from his experience as an independent consultant on Local Government fell on totally deaf ears. They seemed to know better. Yeah, right.

Now it is out there in a form that is very readable and comparisons can be easily seen.

What is totally amazing is the views of the DCC in this. Yes, the second highest debt per ratepayer, but the DCC says that it has the second highest value of assets. Crap. This is just rubbish and it can’t sell those assets. Every Council has water, roading etc which it must provide and can’t sell, but in the case of the DCC it has the stadium. Not an asset as we all know but a fearful liability, but it appears in the books as an asset. Well, sell the bloody thing. It isn’t needed.

I know that this story won’t be picked up by the ODT as it is a Fairfax story, but the other point in here of course is that the ability of Aucklanders (who have the highest debt levels) to pay. Dunedin doesn’t. Its population is well below that of Auckland when it comes to average income per household.

The other thing that the ODT won’t cover is the local comparisons. While the DCC has a debt level of $15,093 per ratepayer, the Central Otago District Council has only $327 per ratepayer, with virtually the same equity value per ratepayer. What’s the difference? As the CODC says of the area “A World of Difference”. I know which Council I admire the most.

[ends]

Posted by Elizabeth Kerr

7 Comments

Filed under Business, DCC, Democracy, Economics, Media, Name, New Zealand, People, Politics, Project management, What stadium

Stadium: Edgar’s $1m donation (private sector fundraising)

Received from Bev Butler
Thursday, 10 April 2014 11:31 a.m.

From: Bev Butler
To: Eion Edgar [Forsyth Barr]
CC: Carlotte Henle [Kensington Swan]; Ian Telfer [Radio NZ]; Wilma McCorkindale [Fairfax News]; Debbie Jamieson [Southland Times]
Subject: Has Sir Eion Edgar paid his $1 million donation?
Date: Thu, 10 Apr 2014 11:30:19 +1200

Dear Sir Eion

You will recall the reports in The Mirror (10/7/13 – copied below) where you promised to honour your $1 million pledge initially reported in DScene (13/5/09).
As there had been no public reports of you having paid up I decided a few months ago to make an official request under LGOIMA to see if this money had been received. After repeated requests for the Dunedin City Council to respond to my request I have received no response. I thought before making a complaint to the Office of the Ombudsman I would ask you directly if you have paid up. It is in the public interest that this pledge is honoured as it formed part of the push for the decision for the stadium to go ahead. You may also recall the report on the front page of the ODT (March 2007) where Mr Malcolm Farry announced “very excitedly” that he had a one million dollar donation for stadium construction with another two “in the wings”. This was also reported in the National Business Review.

I have prepared a sequence of events to help clarify the situation:

1. Mr Malcolm Farry announces three $1m donations for stadium construction in March 2007.
2. The Marketing Bureau, commissioned by Carisbrook Stadium Trust, tells Dunedin City Council in Dec 2007 that naming rights are worth over $10m.
3. ODT reports Sir Eion Edgar becomes trustee of CST in August 2008.
4. Edgar and Farry announce Forsyth Barr have signed a Heads of Agreement in Jan 2009 and it is reported in NBR that a “substantial cheque” has been signed.
5. Council documents of cashflow projections, peer reviewed by PwC in Feb 2009, show that the naming rights payments have changed from full payment up front to two years in advance – “front-end loading” is the term for this.
6. Edgar announces in DScene in May 2009 he is making a $1m donation to the stadium.
7. Nine changes, as revealed in LGOIMA response from DVML, are made to the Forsyth Barr naming rights agreement then the contract is signed on 2 August 2011…the day after stadium opens. One of the final changes is from yearly in arrears to monthly in arrears.
8. Forsyth Barr makes their first payment on 1 September 2011. They are paying monthly in arrears.
9. Edgar, through Forsyth Barr lawyer in Oct 2012, denies having stated that Forsyth Barr had written a “substantial cheque”. The NBR journalist distinctly remembers the “substantial cheque” comment being made. However, no correction sought from NBR at the time.
10. The naming rights contract is no more than $5m as revealed in 2013 through LGOIMA request to DVML.
11. Edgar claims his $1m donation is part of the naming rights corporate contract in The Mirror in July 2013. The $1m donation still unpaid. None of the other three $1m donations for construction have been paid.
12. Michael Sidey is paying $1 million as part of the Forsyth Barr naming rights. I think what is happening is “double-counting”. Announcing million dollar donations for construction then two of these donations form part of the corporate contract for naming rights. Either [the] two $1 million payments are donations and the naming rights is only $3m, or the naming rights is $5m and the two [$1 million] donations don’t exist. You can’t have it both ways. This “double-counting” trick is what happened in the STS High Court injunction case where they claimed the $15m grant from Central Government was to offset the private funding shortfall AND was also used to offset the increase in land costs. This “double-counting” trick was established in the Court of Appeal.

So, Sir Eion, have you paid the $1 million donation initially pledged for construction of the stadium? If you have paid $1 million as part of the Forsyth Barr naming rights then good on you. That’s between you and the corporate contract signed by Forsyth Barr. I’m sure Forsyth Barr are happy about that. What is of interest to the public is have you paid the $1 million donation pledged in DScene?

As Chairman/Trustee of a number of Charitable Trusts you will be aware of the definition of a donation as recorded on the Charities Commission website. It bears no similarity to a corporate contract. I have copied Charlotte Henley, Forsyth Barr’s lawyer, into this email so she can confirm this definition, in case you still have any doubts.

I hereby reserve all my rights.

Yours sincerely
Bev Butler

Copied to other interest[ed] media and parties.

Queenstown Mirror 10.7.13 page 1 (detail)
Queenstown Mirror 10.7.13 page 2 (detail)

dscene-13-5-09-page-9-eion-edgar-c3### DScene 13 May 2009
The Insider: Big questions answered
Mr Generous isn’t slowing down

Winter Games NZ chairman Eion Edgar | Interviewed by Ryan Keen
COMMUNITY-MINDED Queenstown-based businessman Eion Edgar, who retired as New Zealand Olympic Committee president last week and left a $1 million donation, on his support for knighthoods, backing Blis and why he’s not slowing down.
#bookmark page 9 | DScene 13.5.09 page 9 (merge)

[ends]

Related Posts and Comments:
30.7.13 Stadium: Accountability, paper trail leads unavoidably to NEWS
18.7.13 ODT won’t touch Fairfax story
10.7.13 Stadium: Edgar will honour $1M personal pledge to project
3.7.13 [Pulled!] Call for Dunedin stadium cash
24.12.12 A Christmas Tale
7.6.12 Stadium: Forsyth Barr naming rights
6.7.09 Eion Edgar on ‘stadium haters’

Posted by Elizabeth Kerr

27 Comments

Filed under Business, Construction, CST, DCC, DVL, DVML, Economics, Media, Name, New Zealand, People, Pics, Politics, Project management, Property, Queenstown Lakes, Site, Sport, Stadiums

Delta, Carisbrook, Fubar Stadium —Councillors “weak”, or worse

ODT Letter to the editor 15.7.13 (page 8) 1ODT Letter to the editor 15.7.13 (page 8)

Related Posts and Comments:
13.7.13 New Zealand: Salmond on democracy
12.7.13 Hudson, DCC (ex DCHL)
12.7.13 Delta Utility Services Ltd, missing column . . .
10.7.13 Stadium: Edgar will honour $1M personal pledge to project
9.7.13 Delta Utility Services Ltd, full investigation needed
7.7.13 DCHL changes lack transparency —where’s the report, Shale?
4.7.13 Carisbrook: DCC losses
3.7.13 [Pulled!] Call for Dunedin stadium cash
29.6.13 Audit NZ and OAG clean bill of health —Suspicious!
27.6.13 State of the City —DCC or Dunedin?
20.6.13 Stadium: DVML, DVL miserable losers! #grandtheftdebt
8.6.13 Stadium: Insurmountable debt but gosh, look at our numbers!
28.5.13 Carisbrook: Auditor-General #fails Dunedin residents and ratepayers
27.5.13 Carisbrook and Leith flood protection
23.5.13 Carisbrook: Calder Stewart to demo Dunedin’s historic stadium
11.5.13 Stadium: Truth, usual whitewash or prosecution ?

*Use search box at right to find out more.

Posted by Elizabeth Kerr

10 Comments

Filed under Business, Construction, CST, DCC, DCHL, Democracy, DVL, DVML, Economics, Media, Name, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums, What stadium

Stadium: Edgar will honour $1M personal pledge to project

KUDOS to Dunedin’s Bev Butler for putting the pressure on !!!

Thanks to Wilma McCorkindale (Fairfax) for professional follow-up

Queenstown Mirror 10.7.13 (page 1)

Queenstown Mirror 10.7.13 (page 1 detail)Queenstown Mirror 10.7.13 (page 2 detail)

#bookmark page 1
#bookmark page 2

DScene 13.5.09 (page 9) Eion Edgar c3### DScene 13 May 2009
The Insider: Big questions answered
Mr Generous isn’t slowing down
Winter Games NZ chairman Eion Edgar | Interviewed by Ryan Keen
COMMUNITY-MINDED Queenstown-based businessman Eion Edgar, who retired as New Zealand Olympic Committee president last week and left a $1 million donation, on his support for knighthoods, backing Blis and why he’s not slowing down. #bookmark page 9

DScene 13.5.09 (page 9) merge

Related Post and Comments:
3.7.13 [Pulled!] Call for Dunedin stadium cash

Posted by Elizabeth Kerr

10 Comments

Filed under Architecture, Business, Construction, CST, DCC, DCHL, DVL, DVML, Economics, Geography, Hot air, Media, Name, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums, STS

Fairfax NZ News at Dunedin

Following the closure of DScene, Fairfax Media has confirmed the establishment of a Fairfax NZ News bureau position in Dunedin.

Former DScene reporter Wilma McCorkindale has been appointed to the role and has already begun filing Otago stories to the Stuff website and national newspapers.

McCorkindale can be contacted on 027 667 7912
Email: wilma dot mccorkindale at fairfaxmedia dot co dot nz

Related Post and Comments:
10.5.13 DScene, staying power . . .

Posted by Elizabeth Kerr

2 Comments

Filed under Media, Name, People, Pics

Peter Dunne, undone

● The Trusts Charitable Foundation (TTCF Inc) ● The Trusts Community Foundation Ltd (TTCF Ltd) ● Otago Rugby Football Union (ORFU) ● Professional Rugby ● Centre of Excellence for Amateur Sport ● Harness Racing ● Department of Internal Affairs (DIA) ● Gambling Commission ● Pokies ● Rorts ● Organised Crime ● Serious Fraud ● Political Interference

Fairfax Media journalist Andrea Vance broke the story.

Peter Dunne [Parliament]### stuff.co.nz June 7 2013, updated 6:25pm
Dunne: I considered leaking, but didn’t
United Future founder resigns as Government Minister after the release of a report into the leaking of a GCSB review.
| Read the leak report | Read the GCSB review | United Future deregistered | Photos | Video

### ODT Online Fri, 7 Jun 2013
Dunne resigns as minister
By Claire Trevett – NZ Herald
United Future leader Peter Dunne has resigned as a Minister after he was found to have withheld information from an inquiry into a leak of a GCSB report.
Read more

Mr Key said he had told Mr Dunne he was “very shocked” by the Henry [GCSB] report.

Related Posts and Comments:
11.2.13 Recognising whistleblowers
24.1.13 Pike River, Department of Internal Affairs #skippingthebusiness
30.12.12 Internal Affairs is a whole other planet #whitecollarcrime #DIArorts
18.11.12 Martin Legge: DIA audit criticism #pokierorts #coverup
11.11.12 Department of Internal Affairs #pokierorts #coverup #TTCF
3.10.12 DScene: Russell Garbutt seeks DIA file to Crown Law #pokierorts
15.8.12 Keeping ORFU sweet [email]
29.5.12 Asset sales (remember the days)
19.4.12 Auckland convention centre and 500 new gaming machines, or Hillside?
26.10.11 2011 Voices of Poverty: Research into poverty in Dunedin
5.3.10 Another National bugle boy: Dunne on stadium

Posted by Elizabeth Kerr

36 Comments

Filed under Business, CST, DCC, DCHL, DVL, DVML, Economics, Media, Name, ORC, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums