General Debate 08 October 2026

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artemisia

A financial sector harbinger.

HSBC to axe UK wealth managers in AI push – Herald today

But wait, there’s more.

Bloomberg reported in March that as many as 20,000 jobs at HSBC could be at risk globally as part of its push to use AI. This would represent around 10% of its workforce, which consists of about 211,479 staff. The current announcement affects only the managers and specialist advisers in their wealth management division. Only, but 70% of. And following a big recruitment drive as recently as 2024.

While this wealth management division change won’t be very significant for HSBC in New Zealand, employees in our large financial sector might be well advised to look at plumbing apprenticeships while there are still some available.
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October 8, 2026 8:13am
- Raphael
  
  Are these the chaps that, when a study was done comparing their success to coin flips, they came out worse than the coin flips?
  
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  October 8, 2026 9:10am
Maggy Wassilieff

The Cultural Revolution has overtaken our universities:

The University of Auckland Waipapa Taumata Rau Stage 1 course remains mandatory for accredited programmes – Engineering, Nursing, Health Sciences, Architecture, Urban Planning, Biomedical Science, clinical‑pathway BSc students, Education, Business and Law.

Law deserves special mention. From Semester 1, 2025, Tikanga Māori and Te Ao Māori content and assessment became compulsory in all core LLB courses across New Zealand. Some Law Schools have taken a strong decolonisation stance on this. For example, AUT is aiming for a structural decolonisation of the Law curriculum. AUT Law School Dean Khylee Quince has stated that their redesigned curriculum aims to weave Māori law and Pākehā law into a “third law of Aotearoa” using a bijural, bicultural, bilingual legal‑education model.

https://www.brashandmitchell.com/post/john-raine-the-indoctrination-must-stop-but-labour-would-double-down
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October 8, 2026 8:15am
- Yvette
  
  [ Mod – just a headsup – you are getting a bit carried away with cut/paste dumps – this will be reflected in moderation of your posts if you continue. Summarise stuff or post a link ]
  
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  October 8, 2026 8:27am
lastmanstanding

On current polling it appears the result could be as follows.
Labour 34 seats Green 19 seats Opportunity 7 Maori 3 and a total of 63 enough to form a Government.
On this basis Labour would have 54% of the total seats. This is a lot less than previous MMP elections where the majority party has had around 75%.
The other parties will demand seats around the Cabinet table and a much bigger say in policy.
On the basis of seats in a 20 person Cabinet the Greens would want at least 6 seats and Opportunity 3 or 4. Maori probably wont want any seats as they are disruptors and dont see themselves as part of the system.
IMHO this will lead to conflict just to agree the inital make up of the Government. With Opportunity comprising all new MPs I wonder if their Leader will be able to keep control of them. My prediction is this Four Headed Hydra will not last the full term and most likely implode within the first year. The good news for those of us on the Right is these Parties wont see the Treasury benches for many years.
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October 8, 2026 8:27am
- David George
  
  Lastman: “I wonder if their Leader will be able to keep control of them”
  Imagine Chris Hipkins if he ends up in a position to try and form a government with the collective delusions of Rawiri, Debbie, Chloe, Marama and the fifth column that is the “Maori Caucus”. Willie & Co were effectively running the show last time – their He Puapua deceit a taste of things to come once they are fully empowered by their Green and Maori Party ideological allies. If Hipkins doesn’t 100% go along with their BS he’ll be called a racist and fold like the cheap suit he is.
  
  I note Hipkins is now parroting Willy’s idea that the problem with co-governance is merely one of perception. We’ll just call it something else. Simple!
  
  Hipkins as handbrake fills me with foreboding, I don’t think he has any idea what is in store; or the character to prevail if he did.
  
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  October 8, 2026 8:35am
  - pdm
    
    DG – I am in no doubt that Jackson and Prime are running Labour now.
    
    Hipkins is but a convenient puppet for their orchestrations.
    
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    October 8, 2026 8:39am
  - Yvette
    
    David George, if Hipkins is now parroting Willy’s idea that the problem with co-governance is merely one of perception, what would co-governance look like in reality, rather than just a perception – 60 Maori Seats and 60 Non-Maori Seats?
    Is that in the Treaty, and would reality actually stop there?
    
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    October 8, 2026 9:12am
- MCōs
  
  There is no need for such an unwieldy coalition
  The Greens have never been part of a coalition before and not had cabinet seats. Their ministers have been outside cabinet. They, along with TPM, are never going to vote with National on confidence and supply.
  Similarly Act and NZF have nowhere to turn if Luxon puts his foot down. Mind you he’s not a put his foot down sort of bloke.
  
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  October 8, 2026 9:23am
mike

Random election question:
Was putting Nicola Willis’s face on so many hoardings a good idea?
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October 8, 2026 8:52am
- David George
  
  All the parties have used photos of both leader and deputy leader.
  Is it just Nicola you have a problem with?
  
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  October 8, 2026 9:07am
  - MCōs
    
    It’s a problem of sorts if she’s not in parliament
    One would have thought she would have been gifted a safe seat, except there are no safe seats for national around Wellington.
    
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    October 8, 2026 9:30am

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