Gisborne Herald
  • Gisborne Herald Home
  • Latest news
  • Business
  • Lifestyle
  • Sport

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Business
  • Lifestyle
  • Sport

Locations

  • Gisborne
  • Bay of Plenty
  • Hawke's Bay

Media

  • Today's Paper - E-Editions
  • Photo sales
  • Classifieds

Weather

  • Gisborne

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Gisborne Herald / Opinion

Investing for the future

Gisborne Herald
1 Feb, 2024 08:39 PMQuick Read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

A109 Light Utility Helicopter flight with mayor Gisborne City from the air in November 2023.
A109 Light Utility Helicopter flight with mayor Gisborne City from the air in November 2023.

A109 Light Utility Helicopter flight with mayor Gisborne City from the air in November 2023.

Opinion

On December 15th, 1975, then Prime Minister Sir Robert Muldoon cancelled the 37-week-old compulsory New Zealand Superannuation Scheme, introduced by the previous Labour Government. This fund would have provided the infrastructure piggy bank we so desperately need today, post-Cyclone Gabrielle.

According to investment columnist the late Brian Gaynor, this “dreadful decision” transformed us into the low-wage, low-ranking economy we are today. He could have added (but didn’t) that subsequently the national debate is rife with toxic bickering about how and where to raise capital.

As a remote, rural city with challenging topography, Gisborne feels the downstream effects of the lack of a national infrastructure fund particularly acutely, but we must find ways to plan for and invest in the future regardless. GDC is to be congratulated for its Active Travel Strategy and Mode Shift plan.

I would go further and say that the present habit of driving children to school is an abject failure of parenting and if all children walked or biked our roads would be demonstrably safer.

At the age of eight I survived a poorly judged attempt to race the fire engine across the Mangapapa Bridge, which was single lane in those days. I certainly didn’t try that again, or dream of telling my parents what a fright I’d had. The response would have been it served me right!

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

I would say the same to all those who voted National, Act or New Zealand First at the last election. Having scrapped Three Waters, which would have provided a national vehicle for funding water reform, the new Government has been remarkably silent on what capital mechanism will replace it.

I guarantee this will be what we can expect for the next three years. At heart, a National Government is a “do nothing” Government. Remember John Key: “Housing crisis? What housing crisis?” I rest my case.

Geraldine Oliver

Advertisement
Advertise with NZME.
Save

    Share this article

Latest from Gisborne Herald

Gisborne Herald

How solar funding is empowering marae after Cyclone Gabrielle

23 Jun 05:00 AM
Gisborne Herald

Bull-rilliant: NZ bull sale record broken twice in 24 hours

23 Jun 03:53 AM
Gisborne Herald

Mid-July now for seven new netball courts

23 Jun 02:50 AM

Anzor’s East Tāmaki hub speeds supply

sponsored
Advertisement
Advertise with NZME.
Recommended for you
Blasts heard in Jerusalem after Israel warns of multiple missile barrages from Iran
World

Blasts heard in Jerusalem after Israel warns of multiple missile barrages from Iran

23 Jun 08:49 AM
'Coalition of murderers': Zelensky condemns latest Russian attacks
World

'Coalition of murderers': Zelensky condemns latest Russian attacks

23 Jun 08:43 AM
'28 Years Later': Ralph Fiennes stars in new Danny Boyle horror film
Entertainment

'28 Years Later': Ralph Fiennes stars in new Danny Boyle horror film

23 Jun 08:25 AM
Johnny Depp has ‘empty-nest syndrome’
Entertainment

Johnny Depp has ‘empty-nest syndrome’

23 Jun 08:24 AM
Recovering from surgery isn’t easy - exercising in the water can help
Lifestyle

Recovering from surgery isn’t easy - exercising in the water can help

23 Jun 08:19 AM

Latest from Gisborne Herald

How solar funding is empowering marae after Cyclone Gabrielle

How solar funding is empowering marae after Cyclone Gabrielle

23 Jun 05:00 AM

Gisborne marae received more than $800,000 for solar and battery installations.

Bull-rilliant: NZ bull sale record broken twice in 24 hours

Bull-rilliant: NZ bull sale record broken twice in 24 hours

23 Jun 03:53 AM
Mid-July now for seven new netball courts

Mid-July now for seven new netball courts

23 Jun 02:50 AM
'We'll keep the fire burning': Ngāti Oneone remains committed to land reclamation protest

'We'll keep the fire burning': Ngāti Oneone remains committed to land reclamation protest

20 Jun 05:00 PM
Kaibosh gets a clean-energy boost in the fight against food waste
sponsored

Kaibosh gets a clean-energy boost in the fight against food waste

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Gisborne Herald
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Gisborne Herald
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • NZME Events
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Photo sales
  • © Copyright 2025 NZME Publishing Limited
TOP
search by queryly Advanced Search