Reddell notes, as he did last year, that the governments revenues plans are in ruins. So no tax cuts. The KiwiBank economist says we need to spend more on infrastructure. So not tax cuts, deficit spend (have higher debt) on the right stuff. https://www....
You do realise that the government is no better placed as to reaching a budget surplus and debt levels than Labour? And not only are we below OECD average debt https://data.oecd.org/gga/general-government-debt.htm We are one of the few with net wealth ...
If a person of superannuant age was privileged enough to go to university, they did so at a time when this was uncommon - that indicated an origin, or future, of privilege. How people use that privilege is up to them. One would know that there was little ...
7min 20 seconds in, the name Winston comes up. One of his final topics was the Treaty of Waitangi. Peters pushed back on the idea that it was “a partnership between the signatories”. ”Today what is being taught at universities on this matter denies the ...
A drunk uncle at a wedding impersonation, Archie Bunker with his son in law. https://www.youtube.com/watch?v=SNxNcEFF_3c
There might still be an issue, it is slow to load.
New Zealand is known for its low level of debt and associated lack of infrastructure. and National exaggerates the debt level (to the point of not counting assets) to reduce investment (in anything not a road servicing business interests/trucking and those...
The issue being conflated here is training wage - which occurs for 16 weeks - and the starting wage. The starting wage - after 16 weeks training - is $75,000.
Police officers in initial training earn $56,000 a year (the article uses the old figure). For 16 weeks of training. A bit better than $300 a week on the Student Allowance or off the loan Living Costs. Graduate police officers start on $75000. Police ...
The Crusaders lost their 4th game in a row in a close one. But the acts of violence committed after the winning try was conceded and after the final whistle show a lack of team character - which should concern them more.
The Hon Christoper Bishop both dismantled and eviscerated the arguments sent to him in a letter by the Chief Executive of the Free Speech Union Jonathan Ayling – correctly pointing out the difference between free speech and parliamentary process. He should...
The Finance Minister begs business to come to them for help with anything - as economic forecasts worsen. https://www.rnz.co.nz/news/political/511786/watch-live-nicola-willis-reveals-economy-has-slipped-further-this-year
Russia has hypersonic-missiles. Russia has them. China and USA want them. The Houthi of Yemen claim they now have them, and yet Iran their supplier does not. The first to report this is the Russian media. If anyone has any doubt as to the purpose of the ...
https://www.stuff.co.nz/politics/350202492/what-role-does-government-have-saving-new-zealand-media
Sure it's akin to farming in a drought prone area - but the government says it is not going to give any more assistance (or build dams). A business has to pay risk insurance for the no snow year with the profit from good years. With an upside of the ...
https://www.rnz.co.nz/news/what-you-need-to-know/511466/cuts-and-closures-in-new-zealand-s-news-media-industry-what-you-need-to-know
Government cannot afford to continue funding to food bank to feed those too poor to consider voting for them. https://www.stuff.co.nz/nz-news/350210170/tv-presenters-foodbank-cuts-500-families-times-get-tough
If rents increase at the same pace - it would have been more. If the increase is accelerating - it would have been more. Dress up, get sponsored to work for rich people and pretend competence.
Another National reckon comes to naught. https://www.nzherald.co.nz/nz/politics/second-blowout-in-a-week-government-caught-short-500m-by-gambling-levy/DDOVVNYXORC35BHLCGEGLKKTNA/
Therefore, house owners who, for whatever reason, have surplus housing, will likely be more motivated to rent out their surplus housing if they see it as a more profitable and less risky option. It would not be more profitable to pay the mortgage, without...
It is indisputable that there should be a CGT on the sale of landlord property - as there is in 35/36 OECD nations. And until that is the case there should be no deduction of interest against rent income derived from the purchase of existing property. ...
The argument used by Luxon and Seymour is the same - on this they lie in synch, which as Justice Mahon would say a conspiracy to present a litany of lies. That lowering tax on landlord rent income, would result on them investing in new builds. But why ...
The government has yet to tax windfall profits, and here it is reducing cost on landlords knowing they will not reduce rents and so it will all be windfall profit. The term is rentier oligarchy.
Allowing landlords to claim mortgage cost deduction against rent income encourages borrowing to buy more existing property - which makes places upward demand on this finite resource. Thus landlords participate in mutually advantageous speculation - and ...
The heat island effect is well known in Sydney - urban intensification. But if a nation was weaknesses in its building code, those who buy multiple story town houses could have problems in summer (heat and cooling pump on one floor only). https://www.rnz....
Not exactly. The bail out is to enable the continuance of skiing at Ruapehu. It would not continue without the subsidy. With the changing climate, the season is short or non existent without snow-making - making the cost of ski lifts uneconomic - without ...
From the Prime Minister a master class in gaslighting the workers who ensure untaxed CG and now once again untaxed rent income to the landlords of New Zealand. It is also an explanation of what one might call neo liberal Stockholm syndrome - the lords and ...
Mortgages. The Oz way and the USA way. And ours. in the US they have up to 30-year fixed mortgage rates. My understanding is that in some cases there are no break fees from the outset, should you choose to sell or refinance. Or there is a sliding scale of ...
1.the cost of extra borrowing 2.the opportunity cost of providing for the wealthy, rather than those in need. 3.the opportunity cost of less new build activity because of no incentive, thus higher property value and rents and a less productive New Zealand.
Luxon claims $46,000 for a property he rents out for his electorate office.
Taking away the incentive to invest in new builds, would presumably reduce the capital available for such investment. Less new supply, with rising demand – see migration figures, would lead to a rise in the cost of rent and thus revenue to Luxon and other ...
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