Post by GordonPost by Rich80105On Thu, 14 Nov 2024 01:34:33 -0000 (UTC), Tony
Post by TonyPost by Rich80105On Wed, 13 Nov 2024 23:45:03 -0000 (UTC), Tony
Post by TonyPost by CrashOn Wed, 13 Nov 2024 18:55:31 -0000 (UTC), Tony
Post by TonyPost by Rich80105On Wed, 13 Nov 2024 05:42:24 -0000 (UTC), Tony
Post by TonyGood to see that Labour are prepared to embrace PPP for infrastructure. A
major
change.
Even better to see that they and the governmemnt may work together on this.
Can you post a reference?
It was on the news last night. Hipkins agreed that for infrastructure it was
workable. He has doubts about healtha and education (too risky politically!).
You could subscribe here if you missed it.
https://businessdesk.co.nz/article/finance/new-ppp-blueprint-launched.
Or watch last night's news on TVNZ on demand. It's free.
I also saw this on TV1 news - but could not find any reference to it
on 1news.co.nz. Astonishing given the significance of what was said.
I agree, I found it difficult to find any mention. It is massively significant,
if only we could see both parties doing this for Health and Education.
It still does not get around the reality that all private borrowing is
more expensive than government borrowing. That cost is paid for by New
Zealanders, and all so that the Government can crow about not
increasing their debt . . .
That is the most stupid thing you have ever posted. And that is saying a great
deal.
Yet you cannot find any argument for your point of view . . .
So tell us, Tony; if a project needs $500 million capital, why should
New Zealanders pay say and extra 0.25% p.a. for borrowing necessary
capital when the cost could be that much lower . . .
Waiting . . .
So why then do PPP work so well and why is Labour in favour of PPP?
They work very well for ensuring that private contractors make larger
profits, at the expense of the state.
I have seen nothing more on the proposals - they purport to better
balance risk so that they are not quite so unbalanced, but I have not
seen any details as yet, or comment from reputable economists.
The best project undertaken under the John Key government was the
collaboration between government and contractors to repair the
Kaikoura earthquake highway and train route along the cost of the
South Island - there had not been time to embed profit to a complex
structure; government and private firms collaborated under urgency
with decisions made as work progressed. Nobody would want that for
every project, but it was the closest project structure to the old MOW
way of working in recent years.
I do not believe the question as to why we should pay additional
borrowing costs when the government can borrow at cheaper rates than
the private sector was misunderstood by the troll - he was unwilling
to admit he did not wish to answer it.
Post by GordonPost by Rich80105Post by TonyThis is a joint initiative between two major parties and anybody with more than
one brain cell would applaud it. No more need be said however since you have
dug very deep to find something wrong where it does not exist.
PPPs work well all over the world, including here except of course in your mind.
Labour like it. Enough said.