Tag Archives: Investment for the people

POLITICS of Place —New Year glums (read glue and screws)

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IS DUNEDIN weighed down by local body politics?

How do citizens separate governance from management?

How do ratepayers and residents separate truth from something else, from someone else?

Finding value in plain speaking, will the place be any better? Will the same players get knuckled, while others with over generous salaries and stipends commit more strongly to the unrelenting string of make-work schemes.

As they ignore basic infrastructure.
For a heightened slavishness to global politics.

Then, early this morning Diane said: “When will you drag us all back to politics, Elizabeth?”

Good question. Thinking about the HOWS and WHYS.
And the WHAT WOULD HAPPENS.

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With others, I received an email from an esteemed and powerful colleague in the United States. It focused my mind. The afternoon email was one of a series of calls and messages proceeding across the holiday break (as committed Canterbury people fortify, lobby and fundraise – lawyers and QCs amongst them) within the all-out campaign to fully restore Christchurch Cathedral.

The man-writer was responding to letters to The Press published today (28 December), each decrying any moves to restore the Cathedral but meanwhile expressing strong desire to resuscitate the heart of the City.

It’s understood the Press editor has been hard to win over on restoration for some years although chinks in that armour did appear after cathedral campaigners BOUGHT space to balance and convey the other side of the Anglican hierarchy’s argument to demolish Serious cultural heritage.

Right now, Christchurch is my favourite POLITICAL City in New Zealand. There is a force for intelligence, compassion, honest endeavour without fear, free speech (multiple voices joined in hardship), and far more than simple zeal for Justice there is public and private leadership in a Place recovering from the political aftermath of a damnable naturally occurring tragedy. Throughout, Christchurch people have got ‘more like themselves’ to cope, to battle —to try for the Egalitarian in the face of disgusting bureaucracies and god-awful top down disparages.

Dunedin faces something else – THAT (nameless but real) is the reason for the What if? Dunedin website. Letting it out, spilling, building confidence to challenge what is handed down as fact.

For the strong and interested, there is no acceptance of stray conduct at PUBLIC MEETINGS caught by privately-owned television for the PUBLIC RECORD. There will be no silencing of what is in PUBLIC DOMAIN. Information existing in PUBLIC DOMAIN, put there by local bodies as their official reports and media releases should not be stopped. Information requested by the public and released by local bodies under the Local Government Official Information and Meetings Act (LGOIMA) should be freely disseminated. No picnic.

And now, the substance of that email:

All;

It is with profound regret that I note the United States does not have a monopoly on short-sighted, narrow minded, culturally blind idiots. We have so many of them it’s easy to assume we have them all. I guess there are Rednecks and Bogans everywhere.

Fear not…neither does the US have a monopoly on brave, stalwart, far-sighted stewards of our common Heritage who are willing and able to stand strong and see this important work through to completion. You are an inspiration to me and people around the world.

Have faith…stand strong and fear not.

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Posted by Elizabeth Kerr

Related Posts and Comments:
23.12.15 Christ Church Cathedral: practical news from govt mediator Miriam Dean QC [read report via link provided]
14.7.12 Rival newspaper on historic heritage #cathedral
2.3.12 Christ Church, Cathedral Square

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Ngai Tahu featured in Wall Street Journal (12.3.14)

### ODT Online Mon, 17 Mar 2014
Ngai Tahu’s financial acumen praised
By Hamish McNeilly
The economic foresight of Ngai Tahu has won the praise of the influential Wall St Journal. The article, published last week, noted the iwi had gone from being ”impoverished, virtually landless” to one of New Zealand’s wealthiest tribes with group assets totalling $1.03 billion. Following the $170 million treaty settlement the iwi took part in a series of ”astute investments”, enabling it to restore marae and support health and education programmes for its 50,000 members.
Read more

Source:
New Zealand Tribe’s Bet Transforms Its Fortunes: The Ngāi Tahu See Their Investments Pay Off
Original article published by The Wall Street Journal; March 12, 2014
online.wsj.com – this is a paysite. You can read the whole article by Lucy Cramer of WSJ for free at USNZcouncil.org

“If you look at 15 years since settlement, this entity has done really well,” said Trevor Burt, a former executive board member of German chemicals giant Linde Group who the tribe tapped four years ago to run its investment arm. Over the past four years, the fund’s average total annual return, based on comprehensive income, was 14 per cent, beating the average 12.9 per cent annual return by the benchmark share index. –Lucy Craymer, WSJ
New Zealand tribe’s bet transforms its fortunes – posted by david at the United States New Zealand Council blogsite
March 12, 2014 Link

While you squabble, Ngai Tahu is worth more than a billion dollars, is making hundreds of millions of dollars in well placed investments, and is even outperforming well known philanthropic funds like the ones owned by Yale and Harvard. –Cameron Slater, Whale Oil Beef Hooked
Wall Street Journal praises tribe: Are you watching up north?
March 13, 2014 at 5:30pm Link

Twitter accounts:
Ngai Tahu @NgaiTahu
Wall Street Journal @WSJ

Posted by Elizabeth Kerr

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