web analytics
The Standard
Advertising

Key’s legacy

Written By: - Date published: 1:15 pm, July 16th, 2012 - 40 comments
Categories: housing, privatisation - Tags:

Which will be remembered as the greater crime in Key’s legacy: selling off our strategically vital and profitable energy assets leading to higher power prices or standing by and doing nothing while another housing bubble fueled by cheap foreign credit leaves us more indebted and with lower home ownership? Or the smug, absent grin he wore throughout?

40 comments on “Key’s legacy”

  1. Carol 1

    Or focusing on RONS instead of investing in public transport & the building of much needed affordable and healthy housing?

    But methinks it’s all of part of the same agenda.

    I’ll remember him as the smiling, insincere & slippery conman who undermined the welfare and quality of life for most Kiwis.

    • Wyndham 1.1

      Unerringly right on the button again, Carol !

    • Dr Terry 1.2

      Carol, nobody could express this better than have you. It is hard to imagine, but the day will come when at last we see the forked tongue removed from a viper.

  2. Bored 2

    The Cycleway…well almost.

    • darkhorse 2.1

      The Cycleway – his best (only) idea – followed by the RWC and it goes down hill from there

      • rosy 2.1.1

        Except when we were driving past Taupo last Christmas we noticed that the cycleway ran along the bypass instead of going through the town… I can’t imagine a single tourist on a bike choosing to take that route.

  3. Colonial Viper 3

    Cullen’s housing bubble was way better than Key’s.

    • Tom Gould 3.1

      Key says there is no property bubble. Just like there is no rent crisis. Just like anyone who wants a job can get one. Is a pattern developing?

      • Deano 3.1.1

        And for every ‘expert’ you can find who says there is a problem, Key will assert he could find a hundred who say there isn’t.. if he wanted but, but he can’t be bothered so nah nah nah.

      • Draco T Bastard 3.1.2

        Complete denial of reality you mean? That’s been a Tory staple for decades as well.

        • Herodotus 3.1.2.1

          Just the same as Helen said that the leaky building issue was a nz herald beat up, if only it had been.
          And re the housing issue NO party has any real solutions, just the same as none have any ideas as to affordable housing.
          It is too hard for any of them to even attack the peripheral areas.

          • weka 3.1.2.1.1

            The Greens have a detailed housing policy that addresses those things.
             
            http://www.greens.org.nz/policy/housing-policy-living-well
             
             

             
             

            • mike e 3.1.2.1.1.1

              +1 weka

            • Ad 3.1.2.1.1.2

              Seriously wow! Great bold targets.

              What’s Labour’s?

              • weka

                Don’t know but I had a look at Mana’s which looked like the Greens’ from ten years ago (as in what you expect from a new, small party). The Greens have come a long way, and are well beyond the accusation that they don’t know what they’re doing. Bold targets and holistic view as well as detail.

                • weka

                  Just had a look for Labour’s and can’t find any of their policies on their website. Maybe they’re there somewhere, but I can’t see how to get to them. Unbelievable.
                   
                  Here’s Mana’s. You have to click on Housing 
                   
                  http://mana.net.nz/policy/
                   

          • bbfloyd 3.1.2.1.2

            Are you that much of an idiot little hero? the leaky homes debacle created by the bolger government abandoning housing standards in favor of “self regulation” being, once more, blamed on a labour government left with the job of trying to sort out the mess from yet another incompetent national party pseudo government….

            What’s not a “herald” beat up about that? Or is that too complicated a subject for you to fathom….. Sorry about not putting enough dog whistles in my comment for you to be able to follow the logic, but hey, you’re only a tory, right?

            And if you wish to argue the point, then i’m sure we can have a look at the timelines together, and have a good laugh between us once the rank stupidity of your assertion is exposed ….

            • Herodotus 3.1.2.1.2.1

              And I think you will find that the government was following recommendations from Branz and BIA regarding the freeing up of the industry. If you had any understanding as to how Branz works then you would see that any government of the day is only following recommendations and should be asking was/is the process robust? and as we have seen a resounding NO, so why and how was it able to be manipulated for what is such a comprehensive disaster except for a few Building Materials coys, and they still get to keep their ill gotten profits. But we have seen it time and time again
              ttp://www.scoop.co.nz/stories/BU0610/S00223.htm
              “Along the way, major building industrialists applied their significant financial and political leverage to having their attractively-priced monolithic claddings and untreated timber framing duly approved by the appropriate building industry authorities.
              Those approvals were forthcoming, but should never have been.”
              ttp://www.nzherald.co.nz/opinion/news/article.cfm?c_id=466&objectid=10632618
              http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=3006431
              But BB keep on with attacking the person and not engaging for a solution, but could we expect anything else !!!

              • mike e

                Hero BB is right leaky buildings had very little to do with the materials maybe 1% 99% to do with construction methods I,ve been working in the building industry most of my life and their were virtually no failures prior to 1991 act.
                Which opened up a can of worms most of them in the National party
                Who brought in private inspectors to compete with council inspectors big f/up their.
                That allowed any tom dick or harry to build anything they liked.
                The results $30 billion to $40 billion dollars of Leaky homes.
                Monolithic cladding will work if it is done properly with proper flashings drains vents and sealing+proper painting with good quality paint.
                Most untreated woods in NZ will stand the test of time except for radiate pine.
                What was happening with even treated timber which is not exterior treated was getting wet from incorrectly constructed houses.
                Another problem quite common in leaky buildings was cantilevered decks that didn’t have a weather flashing from the outside to the inside where the weight was born by the deck joists following into the house.
                Herodotus National have managed to fob leaky homes off all together.
                Maurice Williamson being the latest blame shifter no surprises their.

                • Herodotus

                  Mikee I also have some dealings in the industry and have had some experience re Bia and Branz regarding getting materials approved buy these organisations, so the system was always set to fail given that Bia and Branz were receiving manufactures submissions supporting their products and not having the means to test what was being submitted. e.g viewing what has resulted in the west of Canada. These structures it could said were setup for the benefit of the multi’s not protecting the voter.
                  Unfortunately like the cost of housing, leaky homes etc “Pollys” are great at creating unforeseen problems but unable at fixing them, and IMO this applies to both major parties.

  4. bad12 4

    The only thing Slippery will be remembered for after 6 years of Government,(if He’s lucky),will be the manner in which He tucks tail and runs after being ousted…

    • jack 4.1

      With all his investments in his “blind trust”, he’ll be tucks tail and run to the banks.. offshore.

    • Mark 4.2

      Unlike your heroes Clark & Cullen….

    • mike e 4.3

      Shonkeys bank of America has lost more than 1/2 its value due to more of Merrill lynch’s dodgy dealing.
      bank of America is in deep trouble facing huge libor law suits and fines,Also many other legal and regulatory actions.

  5. Tanz 5

    How about all the photo ops, or the infamous catwalk strut?

  6. felix 6

    Being an all black.

  7. Pascal's bookie 7

    The first Labour- Green government.

  8. marsman 8

    Imprisonment for grand theft.

  9. vto 9

    He will be remembered as just a banker. In the age when bankers failed humankind.

    • Pascal's bookie 9.2

      That’ll definatly be a theme of it v.

      More serioulsy than my previous comment, he’ll be judged on how he managed to fulfill his agenda, and whether it worked.

      He’s made play of being a non politician, open to deals and the like, pragmatic. Whether these things are true or cynical are a bit beside the point, they are how he has sold himself.

      He comments a lot about how he intends his reforms to last by ‘taking the people with him’. That was what the last term was about. Not scaring the horses, differentiating himself from National Past.

      Backing down on mining was part of that (in that it showed he wasn’t beholden to ideology), but the main thing was fulfilling the promise not to sell assets in that term. That has morphed into the partial sales this time. The partial aspect is intended to appear as pragmatic and non-ideological. But the theme over both terms around asset sales is the honest broker routine, first he said he wasn’t going to sell, and he didn’t, now he has said he is going to and it’s expected that the country will let him. There is an aspect of the country owing him this. It’s never stated that way, but it’s a pretty common sales pitch.

      If he can’t pull off the sale, he’ll be remembered as a failed, but cheeky, snakeoil salesman as far as that goes. Even if he gets all the sales through, the legacy aspect here isn’t likely to be pretty. Richardson and douglas reforms lasted, but they are far from being popular. Their reforms are mostly seen as shit beds that can’t be unshit.

      The biggies though, are Christchurch and the economy. If it’s percieved that he should have done better there he’ll be mud. They took a huge gamble in my view, with the first term of doing nothing. If things go south that will bite them hard. Wasted oppurtunity is not something any amount of later work can fix.

      I think one of the biggest missed oppurtunities was in skills training. the masses of unemployed, and underployed youth, (and not so youth) could have been trained and retrained to become the workforce the rebuild will need. Instead, many of them have fled to OZ, and others have been left to languish.

      If the idea takes hold that his term was cynical, and that he did nothing just so he could have his way in the second, and that caused the ChCh rebuild to much harder than it could have been, all for the sake of his asset sales that didn’t work? That’ll be a stain that won’t wash out.

      • vto 9.2.1

        Interesting that you see Christchurch as being one of the main definers. Hadn’t considered that. If you’re right then things are shaping up poorly for him methinks. Trades are leaving for greener pastures. People I know bringing people in for the rebuild have stopped because, believe it or not, everybody is still waiting. This government’s call to leave it to the market is biting them. The market, the insurers especially, don’t care and the heroics of post-quake have long since melted under the heat of money money money – there’s money coming to town so best grab what you can.

        Insurance is a dead duck and I cannot see any other option for government but to step in and provide a state-provided insurance. People are giving up and leaving. People are virtually walking away from homes and properties. People in the blue-green zone are the worst off and almost the most common. Rather be a red zoner. People see no end in sight, actually they see no start in sight even. And that is the problem.

        Brownlee has defined himself by leaving housing up to the market and now that house prices and rents have gone through the roof he claims it is succeeding! Unbelievable. He thinks rising housing costs are a success story He is just full of shit. People here notice this bullshit. This is not a time for leaving things up to the market.

        I think the problem and scale of Chch would be too much for most of our most stout and capable of leaders, so of course Key doesn’t come within a bulls roar of providing what is needed.

        If he is to be defined by Chch then the time has already passed. The lens of hindsight will focus this, but it is too late for Key in this regard. The die is cast. The performance has not measured up.

        • Georgecom 9.2.1.1

          Doing nothing is catching up with Key. His strategy to combat this growing perception of inactivity is to, do nothing.

        • Fortran 9.2.1.2

          vto

          We had a great State Insurance Company which was sold to the Poms, asset stripped, and sold to the Aussies.
          We had Govt Life too. Another good company.

  10. Brian 10

    My money’s on the grin.

    Hope the Hawaiian sun frazzles the Martha Farquhar

Important links

Recent Comments

Recent Posts

1 2 3 7

  • Time for NZ to prohibit the killing of great apes
    That ban was widely hailed, and spurred efforts in other countries to get similar bans. However, apes are still being exploited, abused and killed, both in captivity and in the wild. Examples of cruelty, neglect and abuse abound. Apes are… ...
    GreensBy Mojo Mathers MP
    12 hours ago
  • Auckland building consents: Tragic
    The only word to describe the latest building consent figures for Auckland is ‘tragic’, Labour’s Housing spokesperson Phil Twyford says. “Whatever the Government is doing to address the Auckland housing crisis, it is clearly not working. ...
    13 hours ago
  • A whiff of a new biosecurity scandal?
    A pest which could create havoc for New Zealand’s horticulture and agriculture sector must be as much a focus for the Government as hunting out fruit flies, Labour’s Biosecurity spokesperson Damien O’Connor says. “While the Ministry for Primary Industries is… ...
    16 hours ago
  • Government shrugs off health sector crisis
    Despite new evidence showing that cuts to health spending are costing lives the Government continues to deny the sector is struggling, Labour’s Health spokesperson Annette King says. “Health services in New Zealand are in crisis. ...
    1 day ago
  • Parata lowered the bar for failing charter school
    When Hekia Parata became aware that the Whangaruru charter school was experiencing major problems her first action was to drop standards by reducing the number of qualified teachers they had to employ, Labour’s Education spokesperson Chris Hipkins has revealed. “Hekia… ...
    1 day ago
  • National not being straight about the economy
    John Key and Bill English need to be straight with New Zealanders about the damage their failure to diversify the economy is doing, after new figures show export growth plunged due to a collapse in dairy exports, says Grant Robertson.… ...
    2 days ago
  • Mind the Gap
    This week the International Monetary Fund released a report on the wider economic value in closing the gender pay gap. When even the bastions of free-market economics start to raise concerns about gender pay gaps, we have to realise how… ...
    GreensBy Jan Logie MP
    2 days ago
  • Labour will hold National to parental leave promise
    Labour will hold National to its promise to increase the support given to new parents of premature, multiple birth and babies born with disabilities, Labour’s paid parental leave campaigner Sue Moroney says. "I am naturally disappointed that after battling for… ...
    2 days ago
  • It was all just pillar talk
    Steven Joyce’s confession that he can no longer guarantee a pillar-free design for the New Zealand International Convention Centre shows the Government has abandoned its dream of creating an ‘iconic’ ‘world-class’ structure, says Labour Economic Development spokesperson David Clark. “Steven… ...
    2 days ago
  • Australians move on offshore speculators
    John Key might want to have a quiet word with Australian Prime Minister Tony Abbott about Canberra's just-announced crack down on offshore speculators when he visits New Zealand this week, Labour's Housing spokesperson Phil Twyford says."Tony Abbott's centre right government… ...
    2 days ago
  • Government at odds on overseas driver crashes
    National backbencher Jacqui Dean has spoken out about overseas driver crashes, putting herself at odds with Prime Minister John Key who is on record as saying it’s not a big issue, Labour’s Transport spokesperson Phil Twyford says. “I’m not surprised… ...
    2 days ago
  • Human Rights and the Palestine Crisis
    Last week I heard two Palestinians speak at Wellington events about the ongoing crisis in their country. Samar Sabawi spoke to a full house about the history of Palestine and gave us a lucid and disturbing account of the situation… ...
    GreensBy Catherine Delahunty MP
    2 days ago
  • Time to take real care of our kids
    An Amnesty International report has once again criticised New Zealand’s track record on looking after our kids, Labour’s Children’s spokesperson Jacinda Ardern says. The annual report, which looks at global human rights abuses highlights not only the fact that high… ...
    3 days ago
  • John Key wrong about Labour’s war vote
    John Key’s desperate claims that the former Labour Government didn’t put combat troop deployment to a Parliamentary vote are simply wrong, Labour’s Defence spokesperson Phil Goff says. “It was disgraceful that the Prime Minister ran rough shod over democracy and… ...
    3 days ago
  • Māori language bill needs work
     It is clear that the first draft of the Māori Language Bill was about structures and funding rather than the survival of te reo Māori, Labour’s Māori Development Spokesperson Nanaia Mahuta says.  “Labour is pleased that the Minister of Māori… ...
    3 days ago
  • Report proves troubled school shouldn’t have opened
    The long-awaited release of an Education Review Office report into Northland’s troubled Whangaruru charter school proves it should never have been approved in the first place, Labour’s Education spokesperson Chris Hipkins says. “This report identifies problems with absenteeism and disengaged… ...
    3 days ago
  • Reply to PM’s statement on deploying troops to Iraq
    “The decision of any Government to send troops to a conflict zone is a very serious one, and it is right that this House takes time to consider it, to debate it, and, ideally, to vote on it, but we… ...
    3 days ago
  • Minister must take action on death trap slides
    Workplace Relations Safety Minister Michael Woodhouse must take urgent action to ensure inflatable amusement rides don’t become death traps for children, Labour’s spokesperson on Labour Relations Iain Lees-Galloway says. “No one wants to stop kids having fun, but horror stories… ...
    4 days ago
  • Manus Island and the New Zealand Government
    This week the Greens have participated in awareness activity about Manus Island, the refugee camp on an island in Papua New Guinea where Australia dumps asylum seekers. John Key says that he has every confidence in the Australian Government’s claim… ...
    GreensBy Catherine Delahunty MP
    1 week ago
  • Election Inquiry – Getting accessible voting on the agenda
    James Shaw has been doing a series of blogs on the Election Inquiry into last year’s general election.  I thought this was a great opportunity to raise an issue very dear to me – accessible voting. Last year’s general election… ...
    GreensBy Mojo Mathers MP
    1 week ago
  • RMA changes no solution to Christchurch housing
    Housing will continue to be a big issue in 2015. The latest Consumer Price Index, released last month, shows both good news and bad news on the housing front. After years of being the most expensive place to build a… ...
    GreensBy Eugenie Sage MP
    1 week ago
  • Saving kokako in South Auckland’s Hunua Ranges
    It is amazing that you can hear the song of the endangered North Island kokako in South Auckland’s Hunua Ranges, less than 50 kms from the central city. A heavy schedule of policy workshops at the Green Party’s Policy… ...
    GreensBy Eugenie Sage MP
    2 weeks ago
  • Let’s not turn a blind eye to human rights
    The Cricket World Cup has just opened in New Zealand, and it’s an opportunity for us to shine on the world stage. International sport can be a chance for us to build relationships with other countries, and examine what it… ...
    GreensBy Catherine Delahunty MP
    2 weeks ago
  • Its Just Not Cricket
    This week it was my privilege to work with Sri Lankan Tamil communities in this country and host Australian journalist and human rights advocate Trevor Grant. I knew a bit about Trevor from his biography but I didn’t know just… ...
    GreensBy Catherine Delahunty MP
    2 weeks ago
  • Time for NZ to #BeCrueltyFree
    The Government is about to progress the final stages of the Animal Welfare Amendment bill. This will be our last opportunity to get changes made to improve the bill to ensure a better outcome for animals. I have put forwards… ...
    GreensBy Mojo Mathers MP
    2 weeks ago
  • We want access!
    Access to buildings is a big issue for many New Zealanders. It looks like that, due to the hard work and persistence of people in the disability community, the Government may finally be starting to take access to buildings seriously.… ...
    GreensBy Mojo Mathers MP
    2 weeks ago
  • Greens call on Super Fund to divest from fossil fuels
    The Green Party today called on the New Zealand Superannuation Fund (the Fund) to divest from fossil fuels, starting immediately with coal. The call was accompanied with a new report, Making money from a climate catastrophe: The case for divesting… ...
    GreensBy Russel Norman MP
    2 weeks ago
  • Young Kiwis’ housing crisis
    Shelter is a fundamental human need along with food, water and clean air. All humans need adequate shelter; it’s a human right. Warm, safe, stable accommodation is critical for young people to be able learn and grow and just be.… ...
    GreensBy Jan Logie MP
    2 weeks ago
  • On the River Patrol in Te Tai Tokerau
    Last Wednesday, I went on a tour of some of Northland’s rivers with  Millan Ruka from Environmental River Patrol as he monitored water quality throughout Te Tai Tokerau. The dry conditions meant we couldn’t use the boat but we visited… ...
    GreensBy Catherine Delahunty MP
    2 weeks ago
  • Opening of Parliament 2015
    Russel NormanOpening of Parliament Speech February 2015 Tēnā koutou Tēnā koutou Tēnā koutou katoa. A brief history of climate change What a summer! It's been hot, even here in Wellington, hotter than any summer I can remember. All… ...
    GreensBy Russel Norman MP
    2 weeks ago

  • Politicians’ pay increases
    “An increase of 3.5% in the minimum wage compared with 5.5% increase for politicians is appalling. It is another example of the wealthy looking after themselves and showing no regard for the poor” says Peter Malcolm, National Secretary of Income… ...
    9 hours ago
  • Invade Mexico for Guacamole Reserves Instead
    #WagePeaceNZ, founded yesterday, along with all 7 of its Twitter followers, demands that New Zealand invade Mexico for its Guacamole reserves in lieu of sending 143 troops to Iraq. ...
    9 hours ago
  • Australian Prime Minister to thank New Zealand fire crews
    The contribution of more than 400 New Zealand firefighters in helping battle bushfires across the Tasman over the past 14 years will be acknowledged tomorrow during a visit by Australian Prime Minister Tony Abbott to an Auckland fire station. ...
    10 hours ago
  • A simple question for Winston Peters: Where do you live?
    "Winston Peters has set a new record, being economical with the truth only hours into his campaign," claims Northland ACT candidate Robin Grieve. ...
    10 hours ago
  • Northland doesn’t need yesterday’s man
    "It's great that Winston Peters is finally taking an interest in Northland. But frankly we don’t need yesterday’s ideas from yesterday’s men in our region," ACT Northland candidate Robin Grieve said today. ...
    10 hours ago
  • Children’s Day – 365 days a year
    Barnardos wants New Zealanders to celebrate Children’s Day on 1 March, and to recognise the effort it takes to raise great kids over all 365 days of the year. ...
    11 hours ago
  • Will MPs Put Taxpayers’ Money Where Their Mouth is?
    The Taxpayers’ Union is calling the bluff of MPs and has written to each one asking whether they will be accepting the backdated pay increases announced yesterday. Taxpayers’ Union Executive Director, Jordan Williams, says: ...
    13 hours ago
  • Fonterra Sneaks Round The Corner
    Fonterra’s subsidiary Glencoal has put its plans for an open cast mine on SH2 at Mangatangi on hold indefinitely. The local community is celebrating. They worked very hard with submissions on all the impacts of coal mining that you are… ...
    14 hours ago
  • How Free Is Free Speech?
    How Free Is Free Speech: Do we recommend unconstrained freedom of expression? The Chief Human Rights Commissioner, David Rutherford, will be In Conversation with Noel Cheer at St Andrew’s on The Terrace, Wellington on Tuesday 3 March 2015 from 12:15pm… ...
    14 hours ago
  • No military deployment in Iraq: Nationwide peace vigils
    Peace vigils calling for increased humanitarian assistance and diplomatic support for Middle East peace processes, and opposing the military deployment to Iraq, will be held around the country at 5pm on Thursday, 5 March, coordinated by Peace Movement ...
    15 hours ago
  • Message of Nationwide Day of Action :‘TPPA? No Deal!’
    “An amazing 22 towns and cities across New Zealand have rallied to the call for a nationwide day of action against the Trans-Pacific Partnership Agreement (TPPA) on 7 March”, according to Chantelle Campbell who is coordinating the national events ...
    15 hours ago
  • New Group Against Amalgamation
    A group of Wellingtonians have launched a campaign to resist the Greater Wellington Regional Council’s scheme to amalgamate Wellington’s existing councils. The group, Best Little Capital, has been formed by Wellingtonians Michael Moughan and Digby ...
    17 hours ago
  • Stark contrast between benefit increase & MPs’ pay rise
    Stark contrast between benefit increase & MPs’ pay rise Media release Friday 27 February 2015 Earlier this week Social Development Minister Anne Tolley announced that benefits will increase by 0.51% on 1 April. Yesterday MPs were granted a 5.5% ...
    17 hours ago
  • Sensible Sentencing challenges MPs to refuse pay rise
    “I realise this will take courage and we extend an open challenge to all MPs – or any MP from any party – to have the courage to be the first to stand up and publicly denounce this nonsense and… ...
    17 hours ago
  • Labour Party President Elected
    Labour Party President Elected Nigel Haworth has been elected as Labour Party President following a vote conducted among the constituent organisations and elected representatives of the Party. This follows the resignation of Moira Coatsworth in December 2014. ...
    17 hours ago

Removed at the request of The Daily Blog.
Public service advertisements by The Standard

Current CO2 level in the atmosphere