When ministerial credit card spending details were first made public, it sent a frisson of excitement through many journalists and yielded some great yarns. Now, though, ministers have learned to pay for any extravagances out of their own pockets. About the most interesting thing in the latest release was the discovery that Inland Revenue Minister Todd McClay (above) likes to have a Kit-Kat for breakfast. He also uses hotel gyms to work it off - although he pays for that out of his own pocket. Ah, the glamour of ministerial travel.
Saving on saving
Fans of compulsory saving often cite Australia as an example for New Zealand to copy, but in one area, it seems we're well ahead of the Aussies. A report by the Grattan Institute think tank says KiwiSaver scheme fees are much lower than those Australians pay to their superannuation managers. The report calculates that in Australia, super fees and expenses total A$20 billion ($21.5 billion) a year, which might explain some of the enthusiasm for forced saving.
Friend and foe
Lobbyist and political Machiavelli Matthew Hooton has surprised some in the Beehive with his campaign against "corporate welfare" by the Ministry of Business, Innovation and Employment. National, like any party, doesn't appreciate being attacked by one of its own, and Steven Joyce and his staff are reeling at being portrayed as control freaks doling out money to mates, rather than being given the nicer description of "Minister of Everything".
Out of the cold
Is New Zealand the next Canada? And no, we don't mean huge, cold and hockey-obsessed. The question was posed by Bloomberg News columnist William Pesek, who reckons the latest migration figures show that "after making Canadian cities like Vancouver their own, deep-pocketed Chinese are increasingly flocking to New Zealand". Just as Canada is restricting "the flow of mainlanders with real estate investments on their mind", says Pesek, "New Zealand is putting out the welcome mat."