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How would a Universal Basic Income work in New Zealand?

How would a Universal Basic Income work in New Zealand

Many influential people around the world included the pope have called for countries to implement a Universal Basic Income (UBI). Essentially the UBI is an income that is paid to everyone with no tests or questions asked – even millionaires would receive this payment.

As it has been a hot topic around the world for some time, the New Zealand Finance minister Grant Robertson said that it could be a possibility for New Zealand. Universal Basic Income has been talked about for a while but as the need for benefits and food grows across the globe the topic has popped up again. Italy had a version of UBI before COVID-19 had even hit for the most vulnerable members of their society, Spain had a minimum vital income for their poorest citizens and many people are pushing for something similar to be pushed out in France and Germany. While Europe has had a big influence in getting the scheme pushed out will the rest of the world follow suit?

Finland had also trialed UBI on a smaller scale. The experiment randomly chose 2,000 unemployed individuals and supplied them with the payment. While many people were able to gain employment with the payments or even start a business – some saw no benefit from the scheme at all.

The Universal Basic Income was raised by Gareth Morgan during his election campaign and has been a strong advocate for the cause in New Zealand. He stated that it could help out a lot of people’s lives especially those that need support.

If the UBI was to roll out in New Zealand it would probably follow the same payments of the super benefit which is $22,000 a year. This would cost the country $90 billion each year which has been a touching point for those against it.

The rise of the side hustle in New Zealand

The rise of the side hustle in New Zealand

Entrepreneurship is on the rise in New Zealand, especially amongst millennials. The side hustle is becoming common amongst young Kiwi’s with many of them starting their own businesses alongside their full time jobs.

For many millennials, the side hustle is about more than just making some extra cash, it’s also about doing meaningful work. It has been found that in New Zealand more than a third of Kiwi’s have a side hustle. Young Kiwi’s enjoy the opportunity that they get from side hustles to pursue their passions without having to risk their financial stability on a full time business.

For some side hustlers, their side businesses can add up to a significant part of their annual salaries and are helping many people to become more financially stable, to save or buy homes in New Zealand where the cost of housing is on the rise.

The growth of side hustles can be attributed to the rise of easy to use and affordable digital technology and platforms which allow people to sell their products and services. There is a dark side to side hustles however, for many people the side hustle has risen from a need to make more income or to find more stable income due to the increasing casualisation of the workforce.

Many side hustlers have to fit their side incomes around full time work and feel the need to do it because their wages are not growing quickly enough or feel that they need a side hustle because they cannot find anything more than casual or part time employment. The rise of the gig economy for many is a sign of a bad change, making it more difficult for people to get permanent roles and earn the money they need to earn to survive.

$30m government announcement for new sports science facility in Upper Hutt

Upper Hutt

A new sports science facility has been given $30m in government funding to get it off the ground. Grant Robertson, the Minister of Finance, announced that the NZCIS (New Zealand Campus of Innovation and Sport) would be receiving the government grant.

Robertson stated that the hub is designed to be a world-class contender where it will offer a range of different services for different sports. The facility is not only intended for elite and professional sports but also for academies and local sporting groups.

The New Zealand Campus of Innovation and Sport is a component of a wider project involving the Central Institute of Technology in Trentham. In addition, the grounds will allows house a high performance sports hub, a training facility for government agencies (in the likes of the Defence Force and Corrections), and an incubator for high tech industries.

The 17 hectare site is planning on including a 1,000 square metre gym, four outdoor sports fields, a 70 by 50 metre indoor sports field, several pools, an altitude studio and cryotherapy facilities. As the hub is also intended to collect data for sports science, there will be 3 on-site analysis rooms where athletes and their teams will be able to gather and evaluate performance data.

It is expected that the NZCIS will create over 240 jobs for the residents of Upper Hutt. In light of the announcement Baseball NZ, Wellington Phoenix and Wellington Rugby have already signed up for the facilities at the soon to be hub.

The funding for the NZCIS is part of a $3 bilion COVID-19 Recovery and Response Fund for the infrastructure sector. Grant Robertson announced this fund on the 1st of July where recently Hutt Valley received $39m from the fund and Upper Hutt’s Maidstone Sportshub received $12m.

Smart ways to save money

Smart ways to save money

When you are trying to save money every little bit can make a difference. The sooner you start the sooner you will hit your goals. Below are some smart ways in which you can save money in New Zealand.

Set goals

Many people fail at saving because they haven’t set a goal. If you aren’t trying to achieve something why are you doing it? Setting short and long term goals can help make a massive difference and get you motivated.

Short term goals such as a holiday, new car or TV are great ways to get you motivated. Your long term goals should be larger such as an emergency fund or a deposit for a house.

Automate your saving habits

An easy way to get your saving is to automate the whole process. Setting up an automatic payment makes it so easy that you don’t even have to think about it. Line up the auto payment with your pay cheque so that once you have money in your account, a small amount of it will be thrown into your savings fund.

To make things a bit clearer for yourself, consider changing the name of your savings account to your goal. For example if your saving up for that house deposit change it to: New House.

Pay bills on time

A somewhat obvious way to save money but should still be mentioned is paying your bills on time. A lot of companies will charge you extra late fees if you don’t pay on time. Additionally some may also give you a discount if you pay them earlier than the due date.

You will be amazed how much you can save by paying things on time or early. To get on top of your bills you can also set up automatic payments.

Issues found with two Auckland-Northland bridges

Issues found with two Auckland-Northland bridges

Problems with the design of two new bridges under construction on the Auckland Northern Corridor have been discovered by the Transport Agency. The issues are said to be partly due to efforts to try to speed up construction after shutdowns meant the $700 million construction project was behind schedule. The design of the Rosedale Busway Bridge is currently under review, it’s believed that changes to its abutment pushed the bridge out of alignment. The changes were made in order to speed up the project.

Solutions to fix the issues are now being explored. In a separate review it was discovered that the beams on the Albany Busway Bridge were built with the incorrect pre-camber which are designed to take the weight of the concrete and traffic of the bridge. The way that the concrete was poured around the bridge was changes; checks of the design have confirmed that there are no quality issues with the bridge. It has been said that the costs have not risen for the project as a result of the reviews. The Auckland reviews come after other review of Bridges in Wellsford also made claims of design deficiencies. The reviews of the Wellsford bridges found that there may be potential safety issues but it was later shown that this would not be the case and that reworking of the bridges would not be required.

However following the findings on the Rosedale bridge reviewers are now looking into how they can avoid similar oversights and errors in the future to avoid problems from the beginning. Bridge engineers and oversight agencies in New Zealand are under pressure to ensure the safety of new construction after issues have popped up in recent years with road and bridge construction that could pose a threat to the safety of commuters.

New Zealand MPs properties revealed

New Zealand MPs properties revealed

New data reveals that on average New Zealand MPs own at least four properties. Since the year of 2005, New Zealand members of parliament have been required to declare the returns they receive on all financial assets including domestic and international property, overseas expenses and any other avenues of interest.

Recent data shows that New Zealand PM Jacinda Ardern owns the family home in Mt Albert, Auckland. Judith Collins, the National Leader, owns her family home in Auckland, a residential property in Nelson, a commercial property and a residential property in Wellington.

With so many different MPs in New Zealand below is a breakdown of some of the Labour Party and their properties in New Zealand.

  • Adrian Rurawhe (Labour, Te Tai Hauāuru) – 1 property, interest in 40 land blocks
  • Jenny Salesa (Labour, Manukau East) – 4 properties
  • Louisa Wall (Labour, Manurewa) – 3 properties
  • Angie Warren-Clark (Labour, List) – 3 properties
  • Meka Whaitiri (Labour, Ikaroa-Rāwhiti) – 2 properties, interest in 3 blocks of beneficiary land
  • Iain Lees-Galloway (Labour, Palmerston North) – 3 properties
  • Dr Liz Craig (Labour, List) – 2 properties, 1 conservation block
  • Willie Jackson (Labour, List) – 4 properties
  • Poto Williams (Labour, Christchurch East) – 2 properties
  • Dr Megan Woods (Labour, Wigram) – 2 properties
  • Jamie Strange (Labour, List) – 2 properties
  • Aupito William Sio (Labour, Māngere) – 2 properties
  • David Parker (Labour, List) – 1 property, 1 holiday house (both owned by trust)
  • Stuart Nash (Labour, Napier) – 2 properties
  • Nanaia Mahuta (Labour, Hauraki-Waikato) – 2 properties
  • Trevor Mallard (Labour, List) – 2 properties
  • Chris Hipkins (Labour, Rimutaka) – 2 properties
  • Marja Lubeck (Labour, List) – 2 properties
  • Jo Luxton (Labour, List) – 2 properties
  • Paul Eagle (Labour, Rongotai) – 2 properties
  • Dr David Clark (Labour, Dunedin North) – 2 properties
  • Tamati Coffey (Labour, Waiariki) – 2 properties
  • Raymond Huo (Labour, List) – 1 family home, 9 rental investment properties
  • Anahila Kanongata’a-Suisuiki (Labour, List) – 2 properties

Early warning system will save lives

Whakaari

Visitors to the Whakaari/White Island during its violent eruption in December 2019 had no warning that it was going to erupt and spew acidic steam at them. The eruption caused the deaths of 21 people, with survivors experiencing serious injuries and burns. The eruption was the catalyst for the development of an early warning system designed to pick up patterns in seismic activity to help alert people when an eruption is imminent. If the system had been in place during the earlier eruption it would have given people sixteen hours to clear the area before the Volcano erupted.

There are a number of other Volcanos in New Zealand that also pose a similar eruption threat and early warning systems could help to save lives around the country. Early warning systems can elp to provide visitors and park manager with real time information about potential hazards and safety issues.

Whilst New Zealand has monitoring instruments and measures in place, they have not previously delivered real time information or made estimates on the likelihood of previous eruptions. New technologies continuously monitor data and use machine learning algorithms to read signals that show an imminent threat of eruption. Machine learning algorithms are also capable of learning from past experience so that they can better forecast future events.

The new early alert system for Whit Island will generate an alert if an eruption is more than 8.5% likely to occur which means there’s about a 1 in 12 chance of eruption – the new system had it been implemented for previous eruptions would have raised an alert for four of the last five big eruptions.

Similar early warning systems could help to ensure that visitors are protected but there may be a trade off in that people are kept away at times when an eruption does not occur, the technology will surely improve over time however.

Kiwi kids are suffering from preventable dental issues

Kiwi kids are suffering from preventable dental issues

Kids in New Zealand are experiencing issues with preventable tooth decay according to a nation-wide study which found that kids that didn’t have access to a fluoridated water supply were much more likely to experience severe tooth decay. The study analysed data from more than 275,000 children between 2011 and 2016 found that almost one in seven four year old children were suffering from preventable dental issues. Most were not receiving the dental care they needed and their baby teeth were decaying as a result, which affected adult teeth. The purpose of the study was to show the importance of fluoridation in community water supplies as it is the easiest and most cost effective way to protect the teeth of kids in New Zealand.

The rates of decay were highest for children in lower socio-economic areas or Maori and Pacific children although there were still high rates for children living in high income areas. Young children suffering from severe tooth decay and other dental issues often required general anaesthetic and experience chronic tooth pain and abscesses. Despite the country having national policy in place that says everyone should receive water fluoridation in New Zealand, only about half of the country receives it – children living in lower socio-economic areas are disproportionately disadvantaged when it comes to dental health as a result because they do not receive fluoridation.

The research on children dental health issues was undertaken with the aim of encouraging the New Zealand government to take action on the issue to try and address the widespread and sever issues with dental health that many young children are experiencing – it will also hopefully help to push policies and bills on dental health in the country forward, some have been stalled in New Zealand since 2016.

Scientists find genetic record of earthquakes in organism’s DNA

Scientists find genetic record of earthquakes in organism’s DNA

In a paper that was recently published in the journal Proceedings of the Royal Society B, scientists have stated that the DNA of bull kelp that grows along the shore of the South Island of New Zealand, house a genetic record of earthquakes that occurred over 800 years ago. During this earthquake, the ocean floor rose which wiped out numerous inhabitants to make way for new genetic species.

The findings of the report suggest that comparing the genes of some organisms can reveal the damage that occurred to the environment all those years ago. New Zealand is one of the best places to gather this data as it lies atop a large nest of fault lines.

Researchers started pondering what happens to the kelp in the ocean when a massive earthquake his four years ago. It caused a fault near the town of Kaikoura to extend nearly 2 metres out of the water. Jon Waters, who is a professor of Zoology at the University of Otago, along with his colleagues were some of those researchers who first began to ask the question.

Kelp that was pushed above the surface of the water died pretty quickly, but with real estate in the ecosystem below, new organisms were able to flourish. Due to the nature of how kelp grows, it lines the ocean floor and gives very little room for newcomers to move into the neighbourhood.

According to the data gathered from the organisms there was an earthquake similar to the one 6 years ago, 800 years ago. It happened off the coastline near Dunedin where researchers took samples from the kelp that spanned over 60 miles. While the kelp looked identical to the others, the DNA gathered indicates that they are entirely different from each other due to the destruction that happened all those years ago.

NZ business confidence overtakes Australia

NZ business confidence overtakes Australia

Researchers have found that Kiwi’s have more confidence in the future of their companies than Australian’s do in their own which has prompted experts to warn Australian businesses that an exodus of important talent could be on the horizon as Australian workers and out talent pool from other countries look to opportunities in New Zealand instead.

The studies showed that confidence in Australian businesses has stagnated amongst business leaders whilst the confidence of New Zealand business leaders has grown considerably. A survey found that confidence amongst Kiwi business leaders jumped by 69% over just ten months with many of them feeling that their businesses were growing and had positive futures ahead. The Australian respondents to the survey however felt that their businesses were shrinking and had decreased confidence in the future of their businesses. Many of them had negative projections of the future of their businesses compared to the much more positive projections of their New Zealand counterparts. It was said that New Zealanders had much more confidence in the futures of their businesses and this optimism was likely to be a self-fulfilling prophecy with New Zealand businesses likely to perform better simply because they were more likely to take steps to improve their businesses with a more positive outlook in place.

The higher level of confidence and optimism in New Zealand businesses is very likely to attract Australians overseas as they seek to get away from shrinking businesses and less positive work environments. Experts have said that Australian business leaders will need to be careful to send the right messages and signals to employees to ensure that confidence rises and to ensure that they avoid losing talent to New Zealand companies. Australian businesses will need to ensure that they make employees feel good about the future of their businesses.

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