Tag Archives: Social Media

Aurora with yet another headache

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Note this particular meat from Richard Healey’s Facebook post:
[my emphasis]

“If you have a property where the lines were built before 2001, then Aurora owns everything up to the house. The only exceptions are where the lines have been brought up to standard and a letter has been sent to the property owner transferring ownership of the lines or a prior agreement is in place. That has almost never happened in Dunedin. If you think that you have been billed, and shouldn’t have been, write to Aurora. If you don’t get redress file a claim.
If you would like to read the appropriate legislation, look up the electricity act 1992 and search for the definition of “point of supply”.
What does that mean? It means that it’s probable that thousands of Dunedin residents have been charged for maintenance to lines and poles that they do not own.”

Electricity Act 1992
Reprint as at 18 October 2016
http://www.legislation.co.nz/act/public/1992/0122/latest/DLM281858.html

Posted by Elizabeth Kerr

This post is offered in the public interest.

2 Comments

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

Letter of opinion draws wide support, view not shared by deathly DCHL

ODT 9.1.16 (page 6)

odt-9-1-16-letters-to-editor-pillans-p6-1

Posted by Elizabeth Kerr

This post is offered in the public interest.

11 Comments

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Otago’s dangerous electricity network —Aurora’s INCONSPICUOUS and INEFFECTIVE public safety messaging

aurora-energy-safety-message-odt-online_2017-01-08-11-11-33

[smartphone screenshot 2017-01-08]

The advertisement (safety message!) appears at ODT Online.
Blink and you miss it!

This is what Aurora Energy puts out for You to access Public Safety information. A yellow box with some branding, lost amongst news stories within a plethora of webpages.

Did anybody read ODT Online this summer ?
Did anyone see the ad ?
Did anyone notice the weblink ?
Did anybody click on the link ?
Did anyone do up their seat belt or wear a life jacket ?
How do you stay SAFE around a dangerous power network ?
What do you look out for ?
What do you avoid ?
In an emergency, what do you do ?
What sort of emergency ?
Clear guidelines ?

Or, read as ‘So what’ from the DCC-owned company.

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How extensive is Aurora’s public safety messaging across all available media these holidays —and typically, across a year ?

Is Aurora’s public safety messaging evolving to provide clear informational content to keep the public SAFE around the DANGEROUS and DEGRADED electricity network ?

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The adverteaser, and the related web information (reproduced below) is at the very low end of public safety information required to prevent personal injury or death. There is little informational value beyond the obvious.

Real life scenarios you should guard against, what are they ?

Other lines companies create graphics, audio and short videos that clearly explain what to do and what NOT to do around electrical facilities and in emergency situations involving live electricity.

Not so Aurora.

This YELLOW-BLOCK commercial branding exercise is cheap, casualised, determinedly ineffective and fully irresponsible. Further, it merely links to what has been up at the Aurora website for some time, which is basic and untelling.

Here’s the Aurora Energy link and their bland factless webpage content:

http://www.auroraenergy.co.nz/safety/

Aurora Energy puts your safety first. We want all our customers, employees, contractors and the wider community to be safe around electricity. Always keep a safe distance from electrical equipment and take extra care when working around electricity.

You can take some simple steps to make sure that you, and others around you, know how to keep yourself safe when around electricity.
● Treat all electricity as live and never touch electrical equipment
● Report electricity faults to your electricity retailer via their faults number
● Phone 111 immediately if there is an injury or risk of a fire
● Follow safe work practice near electrical equipment
● If you see a tree that is growing near or into a power line, contact Delta to arrange pruning services
● Inform others around you of the dangers of electricity
● Be prepared in the event of a natural disaster or extended power outage.
 
Read our free guide to working safely around Aurora Energy’s electricity network (PDF) before working near our electricity network. We’re here to help and can provide you information and services to help you stay safe.
 
Our Public Safety Management System controls hazards that present significant risk of serious harm or major property damage. The System complies with the requirement of the Electricity (Safety) Regulations 2010. To report a potential hazard, please complete the Report a Hazard form or contact Delta.

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If Aurora has conducted a full PUBLIC SAFETY CAMPAIGN IN OTAGO
across all available media – including dailies, community newspapers, schools, public libraries, council service centres, magazines, online noticeboards, radio, television, instant text messaging, flyers, billboard posters etc
—we have missed it.

It’s not ‘just’ dangerous poles and lines – it’s the condition of the other dangerous and degraded network assets (including conductors, transformers, cast iron potheads, cables, oil-filled switchgear, airbrakes etc) that the public needs to be concerned about.

Aurora Energy is NOT telling you about these : the condition of other network assets after 20-30 years of Dunedin City Council-owned companies’ inept management and criminal neglect of Otago’s power supply.

What would make the best Public Safety Campaign ?

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The Aurora report by Deloitte made public on 12 December 2016 says:

Refer page 8 (1.5.9 Summary of Recommendations | Health & Safety), and page 31 (4.6. Health & Safety recommendations) – bolding by whatifdunedin:

The Board and management of Aurora need to adopt a more transparent approach with staff and the public. There needs to be acknowledgement of the state of the network along with detailed plans on how these issues are going to be rectified.

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ODT 13.12.16
– “The Deloitte report did not include a detailed investigation of health and safety issues, but said risk had been increased by a lack of investment. “It is inevitable that this increases the level of risk inherent in the network that could have implications for staff and/or members of the public,” it said.”
– “Mr Cull also refrained from saying the network was unsafe, instead saying: “I don’t think it is as safe as it should be.”
– “[Richard] Healey said he was satisfied for the most part with the report, but not with the response from Mr Cull, DCHL chairman Graham Crombie and Mr [Steve]Thompson, who he said were all still trying to minimise the extent of the problem.”

ODT 21.12.16
– Grady Cameron: ““The accelerated programme uses additional internal and external resources to get the job done quicker. What won’t change are the safety, risk management and work practice measures we have for the safety of workers, contractors and the public.” The programme would prioritise the removal or repair of condition-zero poles close to schools, camping sites and other “high social” areas.”

ODT 24.12.16 ‘Poles spared as condition reassessed’
– “[Queenstown Lakes Mayor Jim Boult] asked Aurora to stabilise or replace condition-zero poles in the Queenstown, Wanaka and Arrowtown central business areas before Christmas.”

It’s not just about the poles.

Related Posts and Comments:
12.12.16 Deloitte report released #Delta #Aurora
30.12.16 Hilary Calvert on Deloitte report for Aurora/Delta
6.1.17 Message to Aurora/Delta : Upper Clutha dangerous poles DON’T MIX with Holiday Campers

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

Posted by Elizabeth Kerr

This post is offered in the public interest.

20 Comments

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

Message to Aurora/Delta : Upper Clutha dangerous poles DON’T MIX with Holiday Campers

Four “condition zero” poles identified in Upper Clutha as needing to be replaced or reinforced before busy holiday period.

Other poles inside camping grounds identified as needing to be checked regularly by Delta staff during same period.

### ODT Online Fri, 6 Jan 2017
Problem power poles getting regular checks
By Tim Miller
Potentially dangerous power poles in Upper Clutha camping grounds are being checked regularly by lines company staff over the holidays. Before Christmas, Aurora Energy identified and checked the condition of poles in what were considered high-traffic holiday areas, such as camping grounds and parks in Upper Clutha. The company consulted the Queenstown Lakes District Council to identify the high traffic areas.
Read more

█ All 1181 condition zero poles in Otago expected to be replaced by April 2017.

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At Facebook:

Related Posts and Comments:
1.1.17 A successful Lines company….
30.12.16 Hilary Calvert on Deloitte report for Aurora/Delta
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.

Posted by Elizabeth Kerr

This post is offered in the public interest.

3 Comments

Filed under Aurora Energy, Business, Central Otago, Construction, DCC, DCHL, DCTL, Delta, Democracy, Design, Dunedin, DVL, DVML, Economics, Education, Electricity, Finance, Geography, Health, Hot air, Infrastructure, Media, New Zealand, People, Perversion, Pet projects, Politics, Project management, Property, Public interest, Queenstown Lakes, Resource management, Site, Tourism, Travesty, What stadium

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

Dunedin’s Logan Park / Signal Hill Fire Dec 2016 ● Cause unknown

Dunedin man Wayne Baird said flames were “a good 30 or 40 metres high…. It’s a good wind blowing right up the valley. It’s all bush and pine so it’s good fuel.” (Stuff)

28.12.16 Stuff.co.nz at 7:47am
Fire crews at the scene of large fire in Dunedin
By Hamish McNeilly
Fire crews are at the scene of a large fire on Wednesday morning to ensure it remains extinguished. The fire threatened a Dunedin high school and several homes. Patrols stayed on Signal Hill through the night, dampening down hot spots after a bush-clad area half the size of a rugby field on the side of Signal Hill was sparked on Tuesday afternoon. […] The fire was contained by 5.45pm on Tuesday and rural fire crews patrolled the area overnight, a Fire Service spokesman said. “I don’t believe it will spread any more and the chances of evacuation have gone down a lot,” he said.
Read more + Photos/Videos

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27.12.16 RNZ News at 8:51 p.m.
Three homes evacuated over Dunedin scrub fire
Three homes have been evacuated as a precaution, as firefighters continue to extinguish a large scrub fire in Dunedin. The scrub fire on Signal Hill near Butts Road broke out at about 2.45pm and was fanned by strong winds. Link + Photos

27.12.16 NZ Herald at 7:19 p.m.
Large fire burning on Signal Hill in Dunedin contained
The fire on Signal Hill in Dunedin has been contained, but about 40 firefighters and three helicopters are continuing to fight the blaze. Earlier tonight three homes in Rimu Street, Ravensbourne, were evacuated as a precaution. The occupants of these homes are likely to return tonight. […] Local residents said the fire 10 years ago was worse. Link + Video

27.12.16 TVNZ 1 News at 5:47 p.m.
Fire on Dunedin’s Signal Hill now contained, cause still unknown
A large scrub fire in Dunedin is now contained, after it began earlier this afternoon. Forty firefighters and four helicopters are at the scene on Signal Hill behind Logan Park High School in North Dunedin. A Fire Service spokesperson says they were called to the fire just before 3pm. They say the blaze is now contained but not extinguished, and they expect to work all night dampening it down. Link + Video

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Otago Daily Times

28.12.16 Hillside ablaze in Dunedin [photos]
28.12.16 Fire crews on watch overnight [story, video and photos]
27.12.16 Ravensbourne evacuees likely to return home [story, videos and photos]

Otago Daily Times Published on Dec 27, 2016
Emergency services attend a large fire at Signal Hill
Emergency services, including three helicopters with monsoon buckets, attend a large fire at Signal Hill.

Otago Daily Times Published on Dec 27, 2016
Fire at Signal Hill
Video: Vaugan Elder

Otago Daily Times Published on Dec 27, 2016
Fire on Signal Hill from Logan Park
Fire on Signal Hill from Logan Park High School.

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TEN YEARS AGO

In late October 2006, bush fires caused extensive damage to forest plantations on the western slopes of Signal Hill. The series of fires forced DCC to close the Signal Hill Reserve indefinitely.

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HISTORICAL

ODT: Opinion: 100 Years Ago (re-published on 9 Oct 2014)
A great fire
Under the influence of the heavy north-west gale which blew yesterday the smouldering fires which are stated to have started on the Leith-Waitati saddle about last Tuesday and travelled to Mount Cargill burst into vivid flames, which spread with great rapidity. The warm winds which have been experienced since Tuesday – at first from the south-west and yesterday from the north-east – have had a drying effect on the grass, and, the fire once fully alight, soon spread in all directions. Yesterday fires were observed on Mount Cargill, on Signal Hill, and on the hill above Logan’s quarry, and vast clouds of smoke drifted from these across the harbour, in places quite blotting out the view. Fortunately the fire above the quarry did not live long, while that at Signal Hill also appeared late in the afternoon to have burnt itself out. On the Leith-Waitati saddle and Mount Cargill, however, a different tale has to be told. Read more

ODT: Opinion: 100 Years Ago (re-published on 11 Oct 2014)
Flames thwarted
Fortunately the flames of the Leith-Mt Cargill-Waitati Saddle fire did not demolish any dwellings, and the actual damage suffered by settlers, apart from the loss of timber, was, as far as could be ascertained, very slight, considering the magnitude of the fire. The loss of timber was the greatest suffered by anyone, and a good deal of valuable wood was destroyed. A few sheds and small huts were also wiped out of existence, and a length of tramway belonging to a sawmiller and an odd haystack was burned. The timber destroyed was the real loss, and it is difficult to estimate its value. However, it must be considerable. […] In a few places telegraph poles were burnt, but no damage was done sufficiently serious to interfere greatly with communication. The most irreparable damage is that to the scenic reserves, which have suffered very badly. A patch of bush at Upper Waitati between the Saddle and Pine Hill, owned by the Dunedin City Council and the Scenic Preservation Commissioners, was attacked, and many acres of it have been ruined.
Read more

Posted by Elizabeth Kerr

This post is offered in the public interest.

6 Comments

Filed under Dunedin, Events, Geography, Media, New Zealand, NZFS, People, Property, Public interest, Site

Delta #EpicPowerFail 8 —Stuart McLauchlan : contamination, code brown and farting in church

farting-dog-by-mark-cable

Received from Christchurch Driver [CD]
Fri, 16 Dec 2016 at 1:04 a.m.

Your correspondent has been spending some time in airport bookstores recently, and it is hard to escape the plethora of get-a-plan-and-get-your-life-in-order books that seem to breed like unwanted spawn in such places.

While your correspondent has no truck with such boilerplate muck, he will admit to a quiet sense of satisfaction this week of some goals achieved. It is a good thing to have a goal, and a plan to get there. This year, your correspondent was disgusted by the arrogant lawlessness and simply fantastic level of self interest and waste of public funds by DCC and DCHL directors at the Noble subdivision, Yaldhurst. He made it a goal to put his shoulder to directorial posteriors and assist in the push of the dismal Delta directors into the Delta wood chipper (leased of course). Aided by some insider knowledge (what? – reveal my sources – never !) and plenty of tangential side trips, your correspondent is proud to think he has helped (in some small way) What if? and the majestic Richard Healey achieve a clean out at Aurora and Delta.

This week’s dismissal of Parton and McLauchlan is the start, and more will follow.

Mr McLauchlan’s risible statements in the ODT yesterday show your correspondent was 100% correct when he predicted that blame would be sheeted home to That Bad Man, John Walsh.

Mr McLauchlan’s arrogance was in full view with his claims that his decision to step down was unrelated to the billion dollar problem he has co-authored. Mr McLauchlan cannot admit what all of Dunedin knows – he troughed literally while lines exploded, and failed as a director. To do so would jeopardise his other sinecures, and Mr McLauchlan is nothing but self interest. Mr McLauchlan had absolutely nothing to offer the DCC, Delta or DCHL, and we should be at least grateful to Mayor Cull that the scales appear to have finally have fallen from his eyes and he sees Mr McLauchlan for what he is.

Let us not forget the most telling example of Mr McLauchlan’s invertebratedness : In the 2007 directorial decision to waste $8-9M at Luggate Mr McLauchlan’s sole contribution was : “If the other directors agree the I agree”. Not forgetting also that in the case of the Scenic Circle Dunedin City legal dispute with the JV partner, Mr McLauchlan was found by the Court to be an unreliable witness.

Mr McLauchlan is so toxic he doesn’t just need to be signposted, he is a walking talking accounting contamination.

On the subject of contamination, Kyle Cameron – stand up and take a bow, Kyle Cameron! – has made it very sure that Grady Cameron will never lead either of Delta or Aurora, by recommending that they need separate CEOs. As Mr Healey has said, the board will do to Grady what he has done to many others – disestablished their positions, creating new roles, and of course Grady will not quite have the “most appropriate skill sets” for either role. Sorry about that old chap, terribly close call of course, better luck next time– (in another continent please).
Grady, you have just been right-sized.

Another right-sizing would be to appoint Kyle Cameron to the Aurora board, and remove former ORFU/Highlanders director Mr Thompson with links to the $5M ORFU pokies scandal. Mr Thompson is tight with Mr McLauchlan of course, Mr McLauchlan being the Chairman of the Highlanders at the time the South Auckland pokies scandal was in full swing. McLauchlan – scandal – bees – honey.

Not right-sized, of course, is the matter of the Aurora replacement budget. We all know – now – that Aurora were going to spend $443M in deferred maintenance over 10 years (yes, stop dissembling Grady, it’s $443M, not $417M, but what they haven’t set out is where the money is coming from. Lines charges are fixed, and in very, very broad terms if we, the ratepayers, have to spend $443M to basically maintain what we have – then the very big question is – what is the depreciated, deteriorated asset worth …right now?

[An alarming example that comes to mind is the DCC purchase of the Dunedin Railway Station in the early 1990s. A wonderful asset now (pity about the decks) after a number of millions have gone into its restoration and upkeep over a 10-12 year period ….but what did the DCC pay ? ….the answer ? precisely one dollar.]

Now the Aurora 2016 Annual Report says in its headline “Trend Summary” (aka the good news feel-good piece early in the report at page 12) is that the ratepayers have equity of $183M in Aurora, and equity to assets is 42.1%, but unsurprisingly (this is Grady and the gyroscope we are dealing with here) the very bad news – the debt is $253M and is not going away – doesn’t quite make it into the good news piece.

So if we are charitable and assume that only say $250M of the $443M is actually for direct Dunedin infrastructure renewal and the balance being for actual expanded capacity then, then $250M of shareholder equity is needed for the upgrade. But wait Batman ! We only have $185M of equity. Holy exploding potheads Batman !! What do we do ? Batman: Elementary, my dear Doctor Parton —In the immortal words of Christine Fletcher, mayor of Auckland in 1986 when asked the same question by Fletcher Construction (of the cost to finish the Aotea Centre), “That’s what the ratepayers are for.”

Readers, you might well be thinking at this stage, CD has it wrong again – when I put in a new kitchen and bathroom in my villa in Belleknowes, it was worth more, so it didn’t matter that there was more debt ….because the asset was worth more. However, the value of power networks is determined by the Commerce Commission, who regulate what amounts each network can charge ….based on the value of the asset. Your correspondent surmises that the next scandal to unfold at Aurora is that resident Delta toxicologist, Matt Ballard of Capability and Risk, has overseen a massive overstating of the present value of the network. The bottom line is : with $250 – $400M of work needed FOR MAINTENANCE, ie NOT GENERATING EXTRA CAPACITY, it is worth nowhere near $436M right now. What does that mean? It means, readers, that the “jewel in the crown” of the DCHL, our cash cow HAS NO SHAREHOLDER EQUITY and has 100% debt to equity. Hilary Calvert is correct – if this were DC Ross, or any other private company, the receivers would have been called in long ago. However, accountants like the caustic Mr McLauchlan prefer companies with no shareholder equity because the returns on equity are out of this world…. until something happens.

Readers, what dissembling Mayor Cull will never tell you is that just like in Central Otago, as helpfully described by Nick Loughnan in the ODT a few weeks ago, you are about to experience in your future either some eye watering rates increases or, if the Commerce Commission allows, some similar exponential line charge increases. It’s one or the other. There is no other way.

Mayor Cull is aware of the consequences set out above : he said at the outset of Mr Healey’s crusade that he did not want public confidence shaken.

The questions or scenarios above are not pleasant – as the biblical line goes, these are hard questions, who can answer them ? They are the lines industry equivalent of farting in church – rude, inappropriate but better to get it out in the open before there is a big mess (or at least know the mess is coming). Yes, the air will be blue for a while – a long while. Messrs McLauchlan, Parton, Kempton, Frow, Wood, Thompson have done more than farted, they have created a stinking “code brown” mess. They will not be missed.

[ends]

*Note: New Zealand Companies Office records show McLauchlan and Parton ceased being directors of the Aurora/Delta Boards on 12 December 2016.
Aurora Energy | Delta Utility Services

Legal advice to the DCC on new 3-term limits for CCO directorships ‘may have’ forced this change. Debatable.

█ 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.

Posted by Elizabeth Kerr

This post is offered in the public interest.

*Image: markeweebly.com – farting dog by mark cable, tweaked by whatifdunedin

16 Comments

Filed under Aurora Energy, Business, Central Otago, Corruption, 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, Sport, Stadiums, Town planning, Travesty, What stadium