web analytics

Capital gains tax to be introduced

Written By: - Date published: 11:45 am, May 17th, 2015 - 195 comments
Categories: Economy, housing, john key, national, Politics, same old national - Tags:

John Key in 2012:

I hate capital gains taxes – I just don’t like them. The reason I don’t like them is that, in political terms I don’t think they work.

If government was prepared to do with a capital gains tax what had been done with GST – put it on “virtually absolutely everything with no exceptions – they work well.

Because, in theory, if you earn NZ$100,000 from going out there and having a job, and you pay tax on it, well fair enough. If you earn NZ$100,000 from buying a property, well you probably should pay tax on that – fair enough.

But this is where the problem comes along, and that is, that no politician has the guts to do that. Because they go, ‘well that’s a vote-loser.’ They turn around and say, ‘OK, we’re going to have exemptions – the exemptions are all private housing.

John Key in 2015

Update from Radio New Zealand:

The Government is going to introduce a capital gains tax on properties that are sold within two years of purchase.

The new tax will be included in this Thursday’s budget.

Prime Minister John Key made the announcement at the party’s lower North Island regional conference in Silverstream, near Wellington.

The new tax will not apply to the family home, death estates or properties sold as part of a relationship property settlement.

It will come into effect from 1 October and the rate will be the same as the seller’s income tax rate.

Other measures will require all non-resident buyers and sellers to provide a tax identification number from their home country along with identification such as a passport.

They must also have an Inland Revenue Department number and New Zealand bank account.


195 comments on “Capital gains tax to be introduced”

  1. Ad 1

    Is this real or some kind of cosmic joke?
    Which Minister is fronting?

    Pretty spectacular politics if it’s true.

    Particularly given Labour’s catastrophic electoral loss was in part due to this same policy. Helluva a lead up to Budget.

    • mickysavage 1.1

      The devil will be in the detail. First quick comments are a two year period is a joke, people will keep houses for two years and one day before selling.

      The stuff about requiring tax numbers and passports may or may not have any practical effect.

      The requirement for an IRD number is an interesting proposal but can be avoided by the use of proxies.

      • Draco T Bastard 1.1.1

        The requirement for an IRD number is an interesting proposal but can be avoided by the use of proxies.

        It’s possible to make the use of proxies illegal as well especially if used in conjunction of the requirement for passports and identification from home countries.

        • dukeofurl

          There is an interesting court case in Sydney involving a commercial property.

          A Sydney guy with one if the international vulture banks sold an old pub that needed a major do up. A hospitality industry whizz did the deal and the place was a roaring sucess, now the owner is trying to force him out as he paid the rent a day late ( Monday instead of Saturday when it was due!).

          The shifty bit come in how the deal was structured as it was basically a sale agreement but they did it as a ‘put and call option’ The deposit was the so called ‘fee for the option’ and the rest of the payments for the full price were called ‘interest’. You can see how this was done to get arount GST on a commercial propery ( if the place was closed) and the interest wouldnt be considered for capital gains to the original owner.

          Very slippery indeed. But its common in Auckland for commercial property to be sold as ‘shares in a business’ which owns a particular building. Financial transactions are excluded from GST and likely this 24 months capital gains as well

      • Tracey 1.1.2

        do we know how many properties are turned over within 2 years of purchase. this line in the sand must be based on something. a controlled “leak”? time to strike it out of the budget if reaction next 2 days is negative?

        • sabine

          house across from my business in west auckland sold twice in since november.
          house up the road sold 4 times since i moved two years ago, signs are up again for auctions.
          house further up the road, on the market for the second time in less then 12month.
          Most of these properties stay empty or are rented on a 6 month rental contract only.

          years ago, i lived for almost 4 years in Arch Hill, the property next to mine sold like clockwerk every 6 month and was occupied by the owners once.

          Everytime it got sold, they slapped a 50 – 60 grand ontop of the last sale price and bingo presto..profit. The house only sold to returning expats, who after six month returned to england due to the low wages, lack of opportunity and provincial mindedness as I was told by the guys that actually lived in the house before selling it again.

        • aerobubble

          Hooten, again being insidiously deceptive, missed the obvious again on q&a.
          others have cgt, this distorts our economy as investment is attracted here, and its easier to borrow money, etc. So when Hooten wants a full cgt, no exemptions, he is essentially declaring support for a new distortion, but in the other direction.
          Now Key is going to declare for a non standard cgt also. We should just cut and paste Australia’s cgt and stop the distortion. Distortion aid people in dodging tax.

      • David H 1.1.3

        “The requirement for an IRD number is an interesting proposal but can be avoided by the use of proxies.”

        Just get the IRD to say that Anyone caught acting as a Proxy will be fined 5 times the cost of the property /ies. Simple. and very effective who’s going to throw away about $4-6 Million?

    • David H 1.2

      “Some kind of cosmic joke?”

      Nope it’s Fate laughing it’s ass off

  2. Ad 2

    Commented before update.
    Good to see PM finally burning some political capital on something worthwhile.
    Very hard for Labour – especially Little – to respond since they effectively folded on the idea after the defeat.

    • Pasupial 2.1

      My guess is that it’s Labour’s shelving of the CGT (probably so as to use it as a postelection bargaining chip) that has given the Nats the room to take the idea for themselves, and make it look like they’re doing something to address the housing market. I’m sure the internal NP polling has been showing them as week on the issue of foreigners property banking in NZ, especially after the Northland defeat has given Peters greater prominence. By doing it now themselves, they can insert all manner of loopholes and exemptions for their mates.

      As MS says; “The devil will be in the detail”.

    • linda 2.2

      john key condemed a capital gain tax during the election in short the fucker lied again

    • b waghorn 2.3

      Did little actually 100% say no cgt or did he say it’s under review .

      • Karen 2.3.1

        He said it is under review.

        • b waghorn

          They are sweet then they don’t have campaign on it they can just wait till there elected and then turn it into a tax on all houses at sale and extend it to shares and anything that needs it . kill some gst off to make it tax neutral and there voters will wear it. IMO
          Please labour people don’t come out and try score points on this you’ll get slaughtered by the press.

      • mickysavage 2.3.2

        Auckland Conference this weekend decided to put it under review. The proposal was for a future Labour Government to consider all options including a CGT.

        Stand by for the spin on the issue however. Hooton has already started.

    • Tracey 2.4

      as long as its a real solution and nkt smoke and mirrors. suggests nats polling shows more aucklanders see it as a problem…. was seymour getting a jump with his wierd revelation last week?

    • sabine 2.5

      Nope, it is very easy to respond.

      They should say,….. we’ve told you so, and thanks doing it for us.

      We were right. Labour.

  3. Draco T Bastard 3

    It will come into effect from 1 October and the rate will be the same as the seller’s income tax rate.
    Well, that’s better than Labour’s 15% tax rate.

    • Colonial Rawshark 3.1

      yeah its very gutsy on behalf of the NATs. And I just realised – Key and English are doing this to limit/slow down any coming collapse of the Auckland property bubble!!! The measure will have this affect because it will dissuade panic listing of properties on the market once it looks like a pricing down turn is occurring.

      The NATs really are good at this.

      • One Anonymous Bloke 3.1.1

        As Warren Buffet once said, taxation never deterred anyone from trying to make a profit.

        Making a profit and sharing it with the government is a lot better than making a loss.

      • Tracey 3.1.2

        and makes you think they knew what wheeler was going to do this week…

      • Sans Cle 3.1.3

        Regardless of political point-scoring (on behalf of the National Party), I welcome the introduction of a CGT on equity grounds. We shall see how it will affect the distribution of wealth, the devil being in the detail of course……Overall, it’s a long overdue policy move.
        Hopefully NZ can move out of being in the Five expat-friendly countries with no capital gains taxes , which is not a good thing!

    • Saarbo 3.2

      at Income Tax Rate makes it tougher than Aussie’s CGT also. I think the really interesting thing is if CGT is extended to the full monty eventually (By Labour or National) then @Full Income Tax has been set as the precedent by the Nats…nice.

  4. johnm 4

    This CGT is an impotent gesture. Property CG merchants almost always hold their houses longer than two years. The income tax rate charged is ineffectual. Will do almost nothing to rid society of this evil practice. The Parasitism of those able to access bank capital will continue, our young couples will continue to be renting serfs.

    • linda 4.1

      John key lied again he has to resign it is admission they the nacts have miss managed the economy and put us all at risk the damage has already done nz is $510 billion in debt the average mortgage is $500000 dollars that is unplayable to little to late from this worthless useless government for there failure they all should resign.

    • Colonial Rawshark 4.2

      The income tax rate charged is ineffectual. Will do almost nothing to rid society of this evil practice.

      It’s a far higher tax rate than Labour was proposing.

      • Tracey 4.2.1

        lp was charging on all second properties. we dont know how many properties are sold within 2 years of purchase so it cld be a higher tax but on far fewer properties.

    • Tracey 4.3

      agree. 2 years…. why 2 years? will they ever tell us why they chose 2 years and will anyone ask

  5. how wrong-footed/lame-arsed does his make littles’ denunciations of cgt look..eh..?

    ..dismissed by little as too radical…


    • Anne 5.1

      That’s not true phillip ure.

      Lets go back 9 months. The electorate emphatically voted against CGT. Anyone who believes otherwise is deluded. The bulk of the electorate was wrong as they often are… but if they insist on believing the Nat. party liars and not believing the opposition parties who tell the truth then you’re on a hiding to nothing if you don’t take it into consideration. Little recognised this and said we will therefore look at other ways of achieving the same goal. I don’t recall him ever dismissing it as too radical and I’ve heard him talking about it in person numerous times.

      • phillip ure 5.1.1

        don’t come the raw-prawn there anne..

        ..little whinnies and rears whenever the dreaded-letters are uttered..

        (and i see u r believing the official line/finger-pointing..’it woz cgt wot dun it!..!..guv..!’..)

        i call bullshit on that official-blame-story – and it gets a special award – (‘the facepalm’) – as the most glaring example of simplistic-political-thinking in quite a long while..

        the list of reasons for labours’ defeat is long – and cgt is not one of the leading contenders..

        and what now..?..will labour now campaign to repeal this cgt that they no longer support..?

        ..and hold responsible for their defeat..?

        ..oh the dilemna..!..hoisted on their own petard..!

        ..shape-shifting into a pretzel-shape..

        ..fuck-en hil-ar-i-ous..(and sad..)

        ..this is what we have to regard as our ‘progressive’-party..?


        • phillip ure

          robertson now quoted as saying ‘labour doesn’t see fiddling with the tax as an answer’..

          ..turei said it was a good idea – and good to see national implement what has been green party policy for a very long time..

          ..now..out of those two – who seems more ‘onto it’..?..eh..?

      • Draco T Bastard 5.1.2

        The electorate emphatically voted against CGT.

        Did they? I don’t recall a referendum on it. Only a general election that was manipulated through attacking the Left parties via the MSM.

        In fact, this seems to indicate a general support for a CGT at the time of the last election:

        There is strong support for making landlords pay capital gains tax when they sell their rental properties, according to early results from the Vote Compass survey.

        Or this one:

        According to the poll of 750 New Zealanders earlier this month almost 41 per cent of respondents were either strongly or moderately in favour of the tax. That’s up from just under 38 per cent in July 2011 and more than 10 percentage points higher than the number of respondents who said they would vote Labour in September.

        Now, the CGT may have put off a few but it doesn’t appear to be as many as a lot of people are making out.

        • swordfish

          CGT Polls since 2011…..

          Colmar poll

        • Anne

          Now, the CGT may have put off a few but it doesn’t appear to be as many as a lot of people are making out.

          Okay DTB you could be right but I’m going on what some people said to me in the days prior to the last election. They were people who either have – or one day hope to have – an investment property. I think they were indicative of a lot of people who may have initially been ambivalent about the CGT but when it became clear it could affect them sometime in the future they backed away from it. Of course for most of them an investment property is probably nothing but a pipe dream.

      • Matthew Hooton 5.1.3

        I don’t think the electorate voted against a CGT. I think they voted more generally against Laboir and its leader. Was their any polling on this point around the time, which might suggest which of us is right?

        • felix

          Don’t know, but I can show you plenty of statements from National MPs along the lines of ‘They went to the electorate with a capital gains tax and it was roundly rejected’.

    • Karen 5.2

      Little didn’t say it was too radical. He said it was difficult to sell as part of election policy as it was a complex tax, and it was easy for the Nats to demand detailed answers to particular situations that weren’t easily answered. Cunliffe was tripped up in the debate and again the next day in news reporter interviews.
      Yes, it was unfair to expect him to know the detail of every scenario but the general public don’t know that and damage was done.

      • phillip ure 5.2.1

        so..fear of what nats might say -stilled littles’ hand/formed his view..?

        ..there’s a lot of that in labour..eh..?

        ..that ‘fear of what nats might say’..

        ..scared timid wee mouse – that labour..

        • Karen

          That’s not what I said, Phil. I was explaining why Little believes the CGT lost Labour votes in the last election. Nothing to do with being scared.

          • phillip ure

            i see labour as being timid/’scared’..

            ..and like i said – if looking for a scapegoat/vote-killer – i wdn’t look past raising the super age..

            ..cgt is getting far too much of the blame..

            ..i wonder if piss-weak/national-lite policies have been cited at all..?..mentioned in dispatches..?

            • Karen

              Little has also said the policy to raise the age of eligibility for Superannuation lost Labour votes. At no stage has Little ever suggested that the only reason, or even the main reason, for Labour losing the last election was the CGT policy. He has listed a number of reasons for Labour’s failure, including caucus disunity.

              • karen..can’t you see the farce in national now introducing a cgt..?

                ..surely that is ‘the point’..?

                • Karen

                  I don’t think what the Nats are doing is a CGT. It is a tax on a tiny proportion of assets that are sold within a limited time frame. It won’t stop land banking or investment for capital gain, because it will be easy to avoid. Holding on to a property for 2 years won’t pose a big problem.

                  This policy is just designed to pretend the Nats are doing something about Auckland property prices, and I am sure many people will be fooled. A real capital gains tax would be applied to all assets and have no time limits.

                  One good thing that will come out of it is more data will be available that could be useful for more effective policies.

                  • yes..once it is there..

                    ..it can be easily improved..

                  • greywarshark

                    I think you are right about it being doing the minimum. Political maneouvring to point to later. Without this action it was a bat that Labour could smack them with.

    • You keep pushing this line that Andrew Little dismissed the CGT because it’s “too radical”. You’ve at least had the good sense to drop your fake quotation marks this time, but you still haven’t provided any kind of evidence of any kind of statement from Little which even vaguely backs this up.

      But hey, I’m not going to stop you from making even more of a fool out of yourself.

      • phillip ure 5.3.1

        so why did/does little drop it/run from it like a scalded-cat/curl his upper lip in contempt whenever it is mentioned..?

        so..if not ‘radical’..how about you tell us the correct word to use..?

        ..you could call it his neoliberal-gene/long-‘business-friendly’ conditioning – kicking in..i s’pose..

        • More mudslinging with nothing to back it up. Your entire website is a glorified link aggregator, phil, I’m sure you can come up with better than that. 🙄

        • Clemgeopin

          Little and Labour are not your enemies, you dork. Think things through carefully before going on a dopey crusade against them.

          • phillip ure

            a neoliberal/national-lite/fuck-the-poor! little/labor most certainly is my ‘enemy’..

            ..they totally betray progressive-politics/the left/the poor..

            ..and such a labour party is a cause of our current problems..

            ..are you forgetting their history..?

            • Clemgeopin

              Wake up, Rip Van Winkle. The world has moved on.

              Labour is not anti poor. Not ‘un-friends’ of the poor. They want to reduce the income gap. They want to reduce inequality. They want to help the homeless and the hungry. They want to do the best for everyone, including the less wealthy, the vulnerable and the poor. You want to help the poor. I want to too. So does Labour and Little. Trust me on that.

              A party has to take a lot of people, ordinary people, the majority along with it to win votes and be in the government to do all the possible social good. You can not win elections by beating a singular drum, be it for poverty or marijuana.

              • reality-check:..clem..labour ’14 election policy was benefit rates to rise at the rate of inflation..same as national..

                ..and just a continuation of those nine long fucken uncaring/fuck-the-poor! clark yrs..

                ..that all really makes yr ‘want to help’ claims just a pile of fresh/steaming horse-shit..eh..?

                ..how can it not..?

                • Clemgeopin

                  You dope, you can’t win elections on wishful thinking and lofty magnanimous benefit level policies. Not that they are wrong, but are scary to people (most of whom are doing fine) to accept easily. Those fair and good things you speak of can and will happen when a progressive Labour led government is in power. That has been the historical case in New Zealand all along, through the budget rounds like the recent policies on WWF, minimum wage increases, living wage initiatives, Kiwi saver, etc.

                  Going all out on policies primarily aimed at you or the poor or the beneficiaries or the dope smokers etc is a recipe for losing an election. I think you are intelligent enough to fathom that.

                  If wishes are horses, you could fly. Mana was primarily battling foe the poor. They got no where. Don’t blame KDC for that. Blame the voters especially the low income people all over the country that did not give Mana/Internet those much needed votes. I did, though. Did you?

                  • “..Those fair and good things you speak of can and will happen when a progressive Labour led government is in power. ..”

                    like a labour govt that was running surpluses for nine yrs..?

                    ..is that the type of ‘progressive’ labour govt u r speaking of..?

                    ..clark wasn’t it..?

                    ..and yr kneejerk reactions are wrong/incorrect – polling shows that people are caring about poverty/inequality..

                    ..polling also shows that most favour ending cannabis prohibition..

                    ..they just want/need formulae to do both..

                    ..certainly a fuck sight more nz’ers support both those causes – than actually voted for labour..eh..?..

                    ..so go figure..!..with yr bullshit..eh..?

                    ..and if you think poverty/ending-prohibition are the only policies i care/argue about – you clearly haven’t been paying attention..

                    [lprent: FFS: The only person who appears to bullshitting here is you.

                    Banned for 6 months for making a lying assertion without even attempting to prove it, and then personally attacking those pulling you up on it. Little can’t remove policy from the Labour party. No leader can. It has to be done in conferences. All he can do is to say that he isn’t likely to emphasise it for the next election.

                    Most of the times I have had to ban you was for doing this kind of lying crap followed by dickhead renunciations of others pulling you up on it is really pissing me off. I’m tired of you doing it and crapping all over the discussions.

                    If you want to comment here then you will follow our rules or you can fuck off permanently. Give me any excuse to do so and that is what I will do next. ]

                    • Clemgeopin

                      So, how come Mana Internet did not even get 5% of votes? What is your excuse?

                    • that is quite the groin-stretching leap- from how neolib/fuck-the-poor labour – then and now..

                      ..to why did mana lose..?

                      ..oh well..seeing as you asked..

                      ..failure has many fathers/mothers..

                      ..my favourite reason is..pot…

                      ..’cos..y’see..!..the internet party had this really clever end pot-prohibition ad campaign worked up..

                      ..but harawira..who is a total reactionary/prohibitionist on this subject..

                      ..threw a tanty..and the ad-campaign never ran..

                      ..and harawira painted internet-mana as pot- prohibitionists in the process..

                      ..now..if we look at the election-result..approx 13,000 votes went to the aotearoa legalise cannabis party.

                      ..and those votes were up for grabs – but they had nowhere to go..

                      ..harawira spurned them…the greens spurned them..labour spurned them…

                      ..the other result to look at is harawiras’..

                      ..and had that end pot-prohibition campaign ran for internet-mana..

                      ..i don’t think it is a stretch to call that there wd have been more than enough pot-smokers..from west auckland to north cape..

                      ..who wd have gone and voted..and got harawira over the line..

                      ..so if you ask me what caused harawira/int-manas’ defeat..

                      ..i hafta say..i blame the drugs…eh..?

                    • lurgee

                      Banned for 6 months …

                      Oh, crap, this is going to start another wave of walk outs and vigils.

                      [lprent: Why should I care? Phil has a track record of doing this behaviour. If he can’t back up his assertions, keeps repeatably making them, and attacks anyone telling him he is wrong – then he is behaving like any other troll.

                      He gets treated a recidivist offender – just as I would anyone else acting like a pain in the arse and wasting my time after being warned and banned.

                      In case you hadn’t realised, I REALLY don’t like trolls. I’m uninterested in taking cognisance of people who support trolls especially since no-one has even put up a viable link to support his assertions.

                      This strange attitude of mine is probably a result of spending far too much time cleaning trolls out of the damn comment stream. I’m not inclined to tolerate this kind of repeated crappy behaviour on this site from anyone. ]

                    • felix

                      Just so I know where the line is, Lynn, was phil banned for saying the policy was “dropped” when he should have said “mentioning the policy in public has been dropped”?

                      Or was he banned for saying it was “too radical” when he should have said it was “too unpopular with non-radical voters”?

                      [lprent: It was never “dropped” in public or anywhere else. It was put up high in the list of policies to review for the next election. It happens with every largish political party every election, especially after they lose.

                      Apart from philu repeatably lying that it was “dropped”, he also appeared to trying the pattern of some kind of daft shoutdown meme formation that is so redolent of the dirty tricks brigade of trolls back in 2008. That was when and why I dumped in the prohibition on doing it here into the policy.

                      If you want to make an assertion then you should expect to support it or at least be able to argue in its support.

                      You do not do personal attacks on everyone who said that the assertion was completely false. That always raises my ire because the resulting flamewars are a complete pain to read. It often leads to some abrupt warnings and bans. What you should do is argue it, or link to support, or just avoid it.

                      philu knows this. I’ve banned him for doing it a couple of times. You know this. You must have seen me do it a hundred times. ]

                    • the pigman

                      Oh, crap, this is going to start another wave of walk outs and vigils.

                      Nope, probably just a lot more visits to Phil’s blog (http://whoar.co.nz) and followers to his twitter account (https://twitter.com/vegandogs50) by people who recognise a sysop fail when they see one.

                      Pretty pathetic.

                      [lprent: Feel free to move elsewhere if you don’t like it. I will even help by limiting your ability to return if you whine too much before leaving. ]

                  • Clemgeopin

                    Ha! WFF!

                    • correction:..wfsf…

                      working for some families..

                    • Clemgeopin

                      Hey Phil , if there are so many people ‘west auckland to north cape’ and all over Aotearoa NZ that support that dope policy then tell me, now come the aotearoa legalise cannabis party did not even get 5%, especially when you say more people support this than the bad, bad, very bad Labour party’s support?

        • Clemgeopin

          If you think that Labour or Little should not be ‘business-friendly’, then you are the fool, not them.

          • phillip ure

            it’s more the poor-unfriendly that concerns me..

            ..they seem to make it so either/or..

            ..and of course ‘business’ must be a part of the solutions we need..

            ..and i am not on any ‘crusade’..i am just commenting on events as they unfold..

            ..it’s all littles’ own work – really..

          • adam

            What the Clemgeopin “If you think that Labour or Little should not be ‘business-friendly’, then you are the fool, not them.”

            Do you understand what economics means? I’d be interested to hear – because that comment there – just proves to me you have no idea.

            • Clemgeopin

              My comment there proves nothing of the sort unless you equate millions of jobs creating business as being evil, risk taking business people as being bad, hard working business entrepreneurs as being anti people etc or unless you equate all business as being crooked excessive profit making powerful corporates or capitalist crooks or competition killing monopolies.

              Leaving all that aside, you tell me how my comment shows that ‘I do not understand economics’ and that it ‘proves that I have no idea?’. Come on, spit it out clearly, so that I, and may be others too, can learn from your knowledge and wisdom.

              Keen to hear, as it is never too late to learn.

              • adam

                And you come back with economic orthodoxy. Or the liberal buy line…

                Do you even know what left wing economics is? Have you read anyone apart from the orthodox economic thinkers? Ever heard of the term political economy?

                • Clemgeopin

                  Jeez Adam! I asked you to enlighten me with your knowledge and wisdom. You gave me nothing. Just questions!

                  So, cut your third degree for now and enlighten me as to where I am going wrong in ‘left wing economics’, ‘liberal buy line’, ‘economic orthodoxy’ and above all, ‘political economy’.

                  All that seems so exciting and interesting! I definitely need to understand and learn what you mean.

                  I am keen. Honest. Have a go and explain what you mean. It might help me and perhaps anyone else who may be interested.

                  Give us the massage. This is a message board after all. Thanks in advance.

      • felix 5.3.2

        “You keep pushing this line that Andrew Little dismissed the CGT because it’s “too radical”. You’ve at least had the good sense to drop your fake quotation marks this time, but you still haven’t provided any kind of evidence of any kind of statement from Little which even vaguely backs this up.”

        As I understand it, the policy was dropped as it was deemed to be too unpopular with too many people.

        Do you agree with my reading of the situation so far, Stephanie?

        [lprent: Wrong. His opinion was expressed during and after his election as NZLP leader. After being elected leader it was reported that:-

        Little told a news conference the Capital Gains Tax and New Zealand Superannuation policies would be reviewed by the Party’s Council and Caucus.

        and surprise, surprise (because it is in the NZLP constitution) there is a review of policies and which ones to present as priorities…

        Little signalled a review of all policies and rejected suggestions he did not have the support of the caucus or the party at large, given they had supported Robertson.

        “We need to get the policy review process underway and that has been a point of discussion during this election race and we need to make sure that the policies we go into 2017 with are the policies that are New Zealander’s priorities, they are clear, understood and they give us the chance to win in 2017,” Little told a news conference.

        Which incidentally is exactly what he (and every other candidate) said in every meeting I was at during the leadership campaign, and everything that was reported afterwards.

        Basically philu is being a fuckwit after inventing a untrue story, and then in his attacks on others for pointing this out. I’m rather pissed off with the damn stupid bullshitting about any parties policies without bothering to reference some backup for them. ]

        • What does that have to do with phil’s insistence on making unsubstantiated accusations?

          • felix

            Phillip is welcome to answer if he likes, but I was asking you.

            Do you think it’s a fair characterisation I’ve made?

            • Stephanie Rodgers

              Sorry, felix: I’ve no interest in playing whatever game you have in mind. The point I have made is that phil has repeatedly misrepresented Andrew Little’s statements on a CGT and refuses to back up his assertions. That’s all I have to say on this thread.

              • felix

                I’m not playing games. I think what I’ve said is quite uncontroversial.

                Do you think I’m misrepresenting Andrew Little’s statements?

                If so, why not say?

              • lprent

                He managed to piss me off early in the day, not so much for the idiot lie that he used, but because of the way that he attacked everyone who pointed out that he was wrong and didn’t back up his assertions.

                But I have been on a pad since midday and I find it hard to leave moderator notes on a small screen.

                Besides, I have had an Economist to read on a relaxing sunday.

        • lprent

          Felix: The policy wasn’t “dropped”. The way that the NZLP develops policy doesn’t work that way. The party develops policy and the caucus and party leadership decide which parts get pushed heading into a particular election.

          When too much policy is pushed then it is easy for the Nats and their media poodles to make it sound as confused as they did in 2014. When too little is pushed then it looks like there is none.

          Labour needs to decide 18 months out for the election which policies get pushed for the next election. It needs the 18 months prior to that to review which out of a smorgasbord of policies they want to bring forward. Little picked that one out as being particularly hard to sell to the voters when it got down to detail. So it got stuck in the review pile.

          Philu is lying when he says that Little dropped it.

          • felix

            That’s just semantics.

            Labour was promoting the policy publicly. Now they’re not.

            Little has been pretty clear about this.

            • lprent

              He was clear. All policies would be reviewed to decide what Labour went into the next election with. That was one of them.

              The NZLP has several hundred policies that I know about stashed in the constitution. It also has an entire book for the policy platform which has more general effect. Most of them require decades of work to bring to fruition.

              What it has to do is to present a coherent subset of policies to the electorate as being the things that they are planning on doing in the next electoral term.

              It was pretty clear after the 2011 elections that the CGT was a policy that kiwis liked in principle – provided that someone else suffered it. It tripped Phil Goff up. What was irritating in the 2014 election was that CGT was sort of carried over from 2014 because Labour pushed too many policies forward.

              It was too complex and too hard to explain as a CGT during an election campaign because when everyone realised that it might apply to their aspirations they didn’t like it. That makes it a great fear, uncertainty, and doubt (FUD) axis point for National. Which is what they jumped onto Cunliffe when that wasn’t even meant to be one of the things pushed in the 2014 election.

              That was what was getting reviewed. Apart from anything else, Labour needs to clean the boards of all promised policy after each election so it can match the policy up with what they can get elected on, and what they can do in the next parliamentary term. You sure as help can’t do several hundred things in 3 years.

              • felix

                “He was clear. All policies would be reviewed to decide what Labour went into the next election with. That was one of them.”

                So what? This was a flagship policy. Ask a Labour MP what the policy on asset sales is. You’re not going to get a “Well we’re actually reconsidering our position and we might just sell the fucking lot” to that question.

                “It was too complex and too hard to explain as a CGT during an election campaign because when everyone realised that it might apply to their aspirations they didn’t like it. “

                Yep, that’s what “unpopular” means. That’s why I said so. And Andrew Little agrees:

                I’ve made a judgement that the superannuation policy and the capital gains tax policy have been problems for us and are two reasons why people haven’t voted for us, and therefore we need to review them,” he said.

                “We will have a review process, we will go through that. I will argue my case in the forums of the party, but my firm view is that we should not be going to the 2017 election with those policies on our slate.


                Any fool can see that that policy has been taken off the table for all intents and purposes.

                If I’m wrong, I’m sure you’d be able to find examples of Labour MPs publicly arguing the case for a CGT since then, just like they do with all the other policy positions that are under review.

                • Lanthanide

                  Little has even gone further, to say that the entire tax system will be reviewed from top to bottom, but no changes will be made until they can be presented to the public and a mandate sought (ie, after they win in 2017, they’ll present a complete tax package to the electorate in 2020).

                  That suggests that even if they win 2017, they will not be inacting large new tax policies like CGT, regardless of whether it is technically in their backlog of policy but simply not “pushed” for the election.

                  Personally I think Little is angling for a UBI, which I think is likely to get broad support (several righties around these traps have said they’d hold their nose and vote for it), so long as they can placate the elderly (based on Gareth Morgan’s Big Kahuna, the elderly end up on less than current super) and avoid the ‘bludger’ vibe. Probably the only spanner in the works is the IRD computer upgrade, which probably still won’t be complete by 2020 so essentially throwing out the current tax and benefits system and replacing it with another probably won’t be logistically possible. Then again, if a new system is still under development, that may be the best time to attempt such a big change.

                • Kiwiri

                  Any fool can see that that policy has been taken off the table for all intents and purposes.

                  Mmm …… there was no reference to CGT in Grant’s pre-budget speech that was posted:

                  Grant Robertson’s pre-budget speech

                  Nor in Andrew’s:

                  Andrew Little’s pre budget speech

                  • felix

                    Of course there wasn’t.

                    It’s gone.



                    Just don’t say it was “dropped” though, apparently that’s a dirty word.

                    • weka

                      If the CGT is under review, what exactly would they say about it in a pre-budget speech? ‘Dropped’ doesn’t sound like the right word to me. Put aside to be looked at later seems more accurate.

                    • felix

                      Well Lynn seems to think every policy is under review for the first 18 months after an election, so what would they say about anything?

                      Absurd, isn’t it?

                      But it definitely hasn’t been dropped, and it definitely wasn’t considered to be unelectable. 🙄

                      [lprent: How many people have I heard complaining after every election that Labour doesn’t sprout their policy after losing an election? FFS: the Greens and NZ First get a lot quieter about it when they don’t have a list or a win.

                      They didn’t get the votes that they’d hoped for from the policies they pushed. It needs a review. Labour has a pretty specific process that it goes through after elections. And even more so this election.

                      Ask Brian Gould about it. I believe that they’re finishing up the review of the last election soon.]

    • Bearded Git 5.4

      Another positive comment Phillip-keep up the good work.

  6. RedLogix 6

    At present, capital gains are taxed if IRD believes it was the intention of the seller to make a capital gain on a property.

    That rule will remain in addition to the bright-line test so that if somebody flicked on a property after two years and one day, they would almost certainly have to pay tax on the gain.

    The Government will also introduce rules that could make the over-heated Auckland housing market less attractive to non-resident speculators.

    The Government had not forecast collecting anything extra in capital gains tax through the bright line test but it will make the rules clearer.

    Herald today.

    All this two year period does is put some clarity and teeth around the existing rules. We always did have a CGT on property – but back in the 90’s the National govt of the day made them so vague that only a few actually paid it.

    So in one sense this is nothing new.

    • b waghorn 6.1

      “All this two year period does is put some clarity and teeth around the existing rules. We always did have a CGT on property – but back in the 90’s the National govt of the day made them so vague that only a few actually paid it.”
      There is a ex member of Tauranga ( not Winston) that I was told sold 100 odd rentals but because he told the ird that he sold them due to a change in business direction and not for profit ird chose not to pursue the talk owed.

      • RedLogix 6.1.1

        Well CGT’s on all asset classes are the most problematic tax the world over. Nor are they necessarily a silver bullet that stops property inflation in it’s tracks. There are plenty of examples of countries which do have CGT’s and have still experienced severe bubbles.

        Personally I’d prefer a standard CGT on ALL assets classes across the board. That would restore some horizontal equity from the taxation perspective. But just don’t expect a tax ambulance at the bottom of the credit cliff to solve the problem caused by banks pouring money over the top of it.

        • Colonial Rawshark

          But just don’t expect a tax ambulance at the bottom of the credit cliff to solve the problem caused by banks pouring money over the top of it.


        • lprent

          That would be my preference as well. Make it as uniform as possible.

      • mikesh 6.1.2

        The existing rules don’t provide for a capital gains tax. They provide for the payment of income tax where the capital gain, under certain circumstances, is deemed to be “income”.

        • RedLogix

          Sheesh- splitting hairs are we not?

          If a tax on income from a capital gain is not a tax on capital gain – then what the fuck is it?

          (Unless of course you are thinking of the difference between a CGT that is calculated on realised versus unrealised gains. Another big bag of tax worms – people absolutely HATE being taxed on a paper gain for which they have yet to to realise any actual cash.)

          • David

            Of course people hate being taxes on paper gains, they have to pay it out of income that is not just paper. The FIF rules on international shares, for example, create a huge incentive to invest in other things to avoid that taxation on paper gains.

          • mikesh

            [Sheesh- splitting hairs are we not]

            Not at all. An income tax, to state the obvious, is a tax on income. A capital gains tax is a tax on capital gain. Two different things.

            [If a tax on income from a capital gain is not a tax on capital gain – then what the fuck is it?]

            One needs to be clear about what constitutes income. If I grow a crop of potatoes then that crop is income because the potatoes didn’t exist before I grew them. When the potatoes are sold we tend to treat the cash received as income, but this is really just a matter of convenience – where bookkeeping and taxation are concerned it is clearly more convenient to deal in monetary equivalents rather than real products. However this should not blind us to the fact that it is the crop of potatoes that represents income not the cash that we receive for it.

            In the case of a a property sale the house is same, presumably, as it always was so, with nothing new being created, there is no actual income. (However in a limited number of cases IRD, rightly or wrongly, feels justified as treating the seller as equivalent to to a shopkeeper selling his wares and the capital therefore as equivalent to income.)

            These sorts of distinction are important because if a capital gains tax is imposed we are involved in a double taxation situation. The buyer of a property pays for it out of his tax paid income and the seller then pays tax again on the same dollop of income. This may be OK if a greater good is being achieved thereby, but we need to be clear about what is going on before we can make that decision.

            • RedLogix

              One needs to be clear about what constitutes income.

              OK an fair enough explanation. But then again you didn’t raise the crop of potatoes just for the love of it – you wanted the cash or income from selling them. And that is why we treat that cash as taxable income.

              Now as an owner of a shop, and the buyer of those spuds you’ve just grown for me – I’ll stick them on my shelves and sell them on for a profit. Arguably they are the same old spud and nothing much new was being created. Apart perhaps from the value added logistical convenience of my mass purchasing, transport etc. However these spuds get treated for tax purposes as stock, and the profit I make on them taxed as ordinary income.

              Along the way I buy a truck to transport them. As a capital asset it will likely decrease in value over time and there is a whole bunch depreciation rules around that.

              But I also bought a block of land and built a shop. And this capital asset increased in value (mainly because of the land it was sitting on) – and after decades in business I decide to retire. And it turns out that the capital gain I make on selling my old shop exceeds the cash I made turning over spuds all those years. And as far as my bank account is concerned it’s all the same money.

              But we struggle conceptually here because while it’s possible to see the value I added when I was selling spuds, it’s harder to see how I added value to the land just by sitting on it.

              But if I’m going to be taxed on profit I made on selling the land, can I offset that against the loss I made on my truck fleet over all those years as well? After all they were both capital assets?

              And as you say the person who buys that buys your old shop is paying out of taxed income – but that is not different to all the people who did their grocery shopping with you all those years as well. So it’s hard to see why it should be treated differently.

              As I said above – CGT’s are a problematic tax – unless you just treat capital gain as another source of income.

              • mikesh

                [OK an fair enough explanation. But then again you didn’t raise the crop of potatoes just for the love of it – you wanted the cash or income from selling them. And that is why we treat that cash as taxable income.]

                Technically the crop should be taxable whether we sell it or consume it ourselves. In the latter case however the IRD considers taxing it impractical.

                [And as you say the person who buys that buys your old shop is paying out of taxed income – but that is not different to all the people who did their grocery shopping with you all those years as well. So it’s hard to see why it should be treated differently.]

                The shopkeeper pays tax because additional income is created from the service he provides – additional, that is, to the income on which the customer has already paid tax. The shopkeeper’s service lies in providing a venue where people can conveniently shop. The mark up on the potatoes is his reward for providing that service.

                [As I said above – CGT’s are a problematic tax – unless you just treat capital gain as another source of income.]

                As I said, a capital gains tax, no matter how illogical, may nevertheless be justifiable if a “greater good” is served. Treating a capital gain as income, though, leaves us in danger of not seeing the need to ascertain whether a “greater good” is really being served, and whether it represents adequate justification.

      • greywarshark 6.1.3

        …not to pursue the tax owed I think? What the IRD did do apparently was just talk!

        • b waghorn

          Bugger yes tax . I was told that he told the ird he would fight it in the courts and the ird decided the cost and hassle wasn’t worth it.

  7. Colonial Rawshark 7

    National is going to GAIN political capital from this very smart move not “burn” political capital. Just you watch. Key and English will be lauded in the business news and the MSM this week. “The National Government has committed to decisive steps to counter the property speculation, especially by foreign investors, that has been pushing Auckland housing prices out of the reach of ordinary Kiwis.”

    A brilliant out-manoeuvre of the Left.

    • Karen 7.1

      I agree the Nats will benefit from this. Their polling must have been showing they were losing ground because of this issue, and this will be enough to turn that around in time for the next Roy Morgan poll. They have achieved this without upsetting their property investment mates as 2 years is too short to make any difference.

      • Bearded Git 7.1.1

        @Karen It does give Labour the chance to adopt a policy to change the period from 2 years to 3 years to make it even tougher to speculate, while reminding people that this is National’s CGT and they are just refining it.

    • NicTheNZer 7.2

      Even if that’s true it’s still a huge advantage for the left. If what you said is true then the left will never gain support from a CGT policy. They have now avoided having to push it.
      On the other hand National is taking the risk if it fails to deliver. I am highly sceptical that this tax works anyway because I can’t find a single country in the world where it’s been observed to slow down a property bubble.

      • lprent 7.2.1

        It doesn’t slow the current bubbles down. If you are in one, then it is too late for it to affect much.

        What it does if it is done effectively is to limit the investment decisions to something that is a bit more rational on the next time around.

        When you are inside a property bubble caused by high demand and a lack of supply like the Auckland residential market is at present, then the best solution is to supply what is demanded. In this case it is residences close to the current transport and (especially) public transport nexuses. In Auckland that is going to require villas to be knocked down and medium density apartments and townhouses put up on the land.

        But do that within the 10km of the CBD where the demand is crazy and where people want to live. You only need to see where the house price growth is to see where the demand is.

        Don’t get as crazy as those joint morons of John Key, Nick Smith, and Simon Bridges who appear to want to put housing for 20,000 people 27kms from the CBD and at least 10km form the nearest work. They want to do it without first fulfilling their side of the housing accord and opening up the transport along State Highway 16 or the railway. That is a recipe to simply increase congestion on an already congested road.

        National = lazy untrustworthy damn pikers.

        • NicTheNZer

          “What it does if it is done effectively is to limit the investment decisions to something that is a bit more rational the next time around”

          Australia introduced CGT in 1986.
          Canada introduced CGT in 1972.
          UK introduced CGT in 1965.

          Still don’t think it works myself.

          • b waghorn

            Who cares if it don’t work to be a fair tax system everybody has to pay there share , hell who knows I every bugger did pay there fair share we could all pay less.

          • Saarbo

            One of the reasons it hasn’t worked in other countries is because it is still taxed at lower rates than Income Tax…so there is still a tax benefit of investing in property.

        • Brendon Harre

          National do not understand cities. They never have. They are stuck in the 1950s.

          John Key is the ‘PM for Parnell’. The housing crisis didn’t concern him until polling turned sour and now it is too late to fix with little tinkering policy changes like this weak CGT. Even now John Key like the Reserve Bank is probably only concerned about the bubble bursting not the social/economic effect unaffordable housing has on future generations.

          Only a full on stealing of Labour policies, KiwiBuild, new public transport infrastructure to housing developments – express busways, passenger rail with an upgrade CRL network, putting the brakes on immigration and stopping/taxing foreign buyers has a hope of turning around this housing crisis before the next election. I can’t see John doing that -he is too much of a conservative status quo man. John Key is a conservative centrist not a progressive centrist.

          That just leaves tinkering and bluffing and I believe this will skewer Key. It is forcing him out of his comfort zone -the laidback, friendly, carefree PM. It makes him accountable, brainfading will not work, there is too much material on record.

    • Matthew Hooton 7.3

      So people are above are saying the CGT was a vote loser for Labour and you’re saying it may be a vote winner for National. On reflection, you may all be right. Which goes to the issue of leadership and why NZ Labour and UK Labour were unwise to go to an election with weirdos as leaders, elected by unions and “the membership”.

      • swordfish 7.3.1

        “weirdos as leaders”

        Two words……Pony…..and…..Tails.

      • Karen 7.3.2

        Both can be true, Matthew.

        There is only anecdotal evidence that the CGT lost Labour votes, and nobody is suggesting that without the CGT they would necessarily have won the election. However, there is quite a lot of anecdotal evidence, and Cunliffe’s stumbling over the CGT during the TV debate and in the following days wouldn’t have done him much good with wavering voters.

        The reason the Nats will probably benefit is that, superficially, it looks like they are finally doing something about the housing crisis in Auckland. I suspect internal polling showed they were losing ground. However, their policy is not going to upset their property developer mates because it is a tax that is easily avoided.

        David Cunliffe and Ed Milliband are both highly intelligent, honorable men who were subject to unrelenting character assassination by MSM bullies and PR hacks like yourself.

      • felix 7.3.3

        Who chose John Key to be leader of the National party?

        Presumably they were party members, no? And presumably with the support of business lobby groups, no?

  8. dukeofurl 8

    One effect will be stopping dead in its tracks real estate agents buying the property they are supposed to be acting for the seller.

    They use an associate in the agency often another agent, who just signs the sale agreement in “their name or nominee”

    The agent then keeps marketing the property and can often get another buyer at a higher price at the settlement time.

    Its amazing what the National party has achieved regarding proerty scams over the last few years.
    1) The took away the negative gearing advantage holiday homes had by being rented for only a few weeks a year, essentially they had to be rented full time for a mortgage deduction.
    2) Depreciation for buildings removed, including a massive whack high end homes had that were rented out. Nobody ever paid the depreciation back when sold as they could just claim the increase was due to ‘land value’
    3) Now this getting rid of the nonsense over whether a property was an investment or a just a quick turnover.

    For those who think its a capital gains tax in all but name, I remember Australia had a similar rule but only for 12 months and it covered all property including family home with the usual exemptions. Then they introduced a capital gains tax

    • RedBaronCV 8.1

      but will the CGT catch the re sale of the property before settlement. What is being sold in an agreement to purchase a property not the property – chose in action if I remember correctly?

      and will they forecast some incoming tax to help land the old 747 on the pinhead?

  9. dv 9

    Good heavens we were told it was only a supply problem!!

    Now we have this CGT test AND points system for migrants going outside auck.

  10. Ovid 10

    With this move coming into effect on 1 October, it will kick the can down the road until after the next general election if speculators hold off on selling until after 2 years have passed. I think we’ve just witnessed quite a deft act of political ninjutsu.

    • Colonial Rawshark 10.1


    • Draco T Bastard 10.2

      Which pretty much means that National are pretty much planning to lose the next general election and so be able to blame it on the next Labour led government.

      • Colonial Rawshark 10.2.1

        National aren’t planning to lose the next GE!

      • phillip ure 10.2.2

        rubbish draco..!

        national are campaigning full-tilt for a 4th term..

        ..and to date..they seem to be doing ok at it….

        ..serious-question:..will labour now support a cgt..or not…?

        ..the suspense is killing me..!

      • David 10.2.3

        No politician who gains power plans to lose it, it’s far too addictive for them.

  11. linda 11

    no national are admitting they have failed this is the stuff of desperation and panic
    new zealand is a debt bomb ,with the 3rd highest house hold debt levels in the world
    we as a nation have already went off the cliff we just havent hit the bottom yet but like any fall the ground will come .

  12. wyndham 12

    Didn’t Bill Rowling introduce exactly this same tax back in 1970’s ? It was known then as ‘speculation tax’ since property wheeling and dealing was rampant.
    I believe it was a failure and was quickly repealed.

  13. greywarbler 13

    Thinking about housing and banks creating credit. Pete Young commenting on NZTalk on Radionz says that Switzerland and Iceland are looking at reducing banks’ powers to create credit.
    A youtube link has been provided but is in another language and only subtitled German is available as choice. For those of you who are up on your German…!

    Also, there is a petition underway in Switzerland to force a referendum to stop banks creating “money”, and the problem is being openly discussed on their national TV https://www.youtube.com/watch?v=0-t_v5GUfyU 8.31mins
    In Iceland, the Government called for a report about the problem and is now considering whether to prohibit commercial banks from creating currency.
    However, the consequences of ignoring such a practice are so enormous that even countries like UK, Switzerland and the Netherlands are openly discussing it. For example the UK Parliament recently held a debate about this very problem https://www.youtube.com/watch?v=s6a_0zJDsr8

    • David 13.1

      They can stop banks creating money overnight by requiring a 1:1 reserve ratio. That would be an end to fractional reserve banking and a complete stop to all lending for years. Do you really think that will solve anything that makes the problems it creates worth it?

      • greywarshark 13.1.1

        What sort of argument is that David? Picking a ratio that would be sure to halt everything as the most likely thing to happen, indeed the only thing that could happen! Could there be another ratio introduced that would slow slightly but not halt investment. It would gradually reduce the hot air in the balloon as good ballooners know how to do when they want to ground it

      • dukeofurl 13.1.2

        The banks ‘create money’ for business overdrafts but if they want overnight liquidity they have to borrow from the Reserve Bank.

        If the lend for secured assets like land or housing they borrow that money elsewhere through the short term money market or depositors. There is a substantial amount in deposits and term deposits.
        Similar arrangements happen for credit cards.

        Banks make their money by borrowing short term 1- 3 months or 9 months and lending long term say 10 , 15 or 20 years. You can see the wholesale rate from the Reserve banks monthly interest rate setting and that which they will lend to homeowners.

        If they relied on ‘creating money’ they would have hardly any to lend, borrowing elsewhere makes massive amounts available to on lend at margins of 4% fully secured.

        • NicTheNZer

          Baa a haha haha. The reserve bank acknowledges that M3 (mostly bank deposits) is part of the money supply.

        • Colonial Rawshark

          Banks make their money by borrowing short term 1- 3 months or 9 months and lending long term say 10 , 15 or 20 years.

          That’s only the traditional old fashioned part of banking profits, nowadays.

          • dukeofurl

            Its the other way round. The so called fractional banking is only a small part of lending

            Just checked Westpac NZs financails

            Interest income (2014) 3.9bill

            Interest expense (2014) 2.3 bill

            Thats a lot of money paying out in interest if they can ‘create it’ at whim for nothing

            Their loan book is $64.5 bill, the deposits are $50.5 bill with another $12.5 bill other debt issues.

            Not much fractional banking there. As mostly their loans are covered by borrowed money from others. Biggest chunk is from deposits

    • NicTheNZer 13.2

      It’s complicated, but it’s unlikely that a full reserve banking system can really be enforced. Similar proposals were tried in the eighties, called monetarism, and all they achieved was wild fluctuations in lending rates. The idea was to control the total quantity of money but this failed.

      • Colonial Rawshark 13.2.1

        Yes, they went to controlling interest rates instead, adding or wthdrawing liquidity as required to hit their desired target interest rate.

      • mikesh 13.2.2

        Where was this tried?

        Monetarism involved controlling inflation through monetary policy, but I don,t think this involved 100% reserve ratios.

        • NicTheNZer

          No a full reserve system was not tried, but a lower reserve ratio was assumed to work. The result was the reserve supply didn’t limit deposit creation anyway. I don’t believe a full reserve ratio will be any different without causing issues with payment stability. So I think the CB will just end up supplying all necessary reserves as they do now.

          • dukeofurl

            I think you are right there.

            Any ‘instant money’ needed is borrowed from the Reserve Bank on a nightly basis and only for extremely short terms.

            Its just cheaper to go to money markets and overseas to get asset based lending

    • mikesh 13.3

      Would this be an account of Iceland’s experience?


  14. ianmac 14

    Those waiting for Capital Gains would wait for 2-3+ years so why not all those with 2nd+ houses pay CGT?

  15. Clemgeopin 15

    On the face of it the policy looks good. However, I am skeptical of Nationals genuine intentions here for the following reasons:

    The fact that this CGT applies only if the property is sold within 2 years and 1 day
    and in any case, does not apply to the ‘family’ home. So, this is actually a weak Clayton’s measure. A cunning PR exercise but lacking practical effect on money making property sharks. Here is an example :

    Say John Dow owns five rental properties and one family home, home #6. This is what he will or could do to circumvent, fool or pay along with Key’s BS policy and not pay anything in capital gains tax to English who is also happily playing along : John D can just buy a new home #7 and live in THIS one for 2 years and 1 day while putting what was his previous family home #6 on rent. After those 2 yrs1 month period, he could sell this home #7 and enjoy the capital gains to put it for hereditary for his lucky progeny. In fact, he could use equity and buy and sell any number of houses after owning each for over that set period without paying a cent legally as per the rules!

    So, I think this is a BS policy which will let the property speculators and capitalist crooks continue with their greedy despicable ways and manipulation of the ‘free’ markets.

    So, I think it is just a little feel good kind of PR tinkering with no genuine effect on the housing crisis or the tax take.

    May be to qualify as ‘family’ home, the owner should have lived in it for at least ten years. Other wise, pay the CGT. Two years is too short and can be easily withstood/manipulated/dodged.

    What do you think?

    • greywarshark 15.1

      I think a price cap on the family house would be a good idea. The median price for the area, and then tax on the rest. That would hit the high flyers, the highly geared purchasers. Those putting big money into their own residence to try and evade the tax they should be paying would be caught then.

      • Clemgeopin 15.1.1

        That is too complicated to monitor. Also could be unfair because the median value is not the real value of the house. Those below that value benefit and those above get unfairly hit.

        If the CGT does not apply to all houses, Perhaps two additional conditions may be better:

        (1) A house to qualify as family house and not be subjected to CGT should be lived in by the owner for at least 10 years and 1 day.

        (2) No one can sell more than one house in ten years without paying CGT?

        What is wrong with that policy, if any?

        • Herodotus

          Family dynamics change, a couple will find their apartment unsuitable by increasing by 2 to 3 children, this would require a new property with 2 to 3 bedrooms. The immediate area to provide parks schools etc that for a couple would not be of paramount concern. Conversely when the family changes to empty nesters a 3,4 or 5 bedroom property would not be suitable.
          But you may have not taken into account the changing nature of a family, then there is the additional possibility of retirees needing to move back in with their children and grand children.
          Just something that would counter your policy.

          • Clemgeopin

            I get your point, but what if the family ‘dynamics’ you state change within 2 years and 1 day? Then what? Stay where they are till that period is over or sell and pay the CGT? If yes, then the same remedy applies if the period is 10 years. They aught to be aware of this before buying the house anyway.
            What do you say?

            • Herodotus

              Pregnancy takes quite a few months, and a new family could cope within a small property for a 12 mths, should there be a major tax liability. Can you imagine the bad pr young family with new born will pay the tax, and a multi million $ property increasing by $1000/ day escapes the tax.
              You are also assuming that over that period of time the property appreciates. By the time this belated response is enacted , the property market could be at its peak or even coming of such a peak.
              Many should see this as negating “that national have done nothing,” and that they have acted when labour lacked the balls. All I can see was that the nats have outplayed the left.
              It’s not about doing something, it’s all about being believed that you are.

        • greywarbler

          @ Clemgeopin at 15.1.1
          It occurs to me that the idea that people should pay CGT on a family home whatever the value, would be a hit on the ordinary homeowner. If they are selling to go to another property, they may be just exchanging similar houses as they move to another area, or buying an extra bedroom to accommodate a growing family.

          The CGT tax should be at a fairly low level also not just regarded as tax on income either. If all housing was to be taxed then certainly it should be low, thinking of 1% level say, because of what I have just outlined. Property speculators, could be dealt with in a different way, that is fair to them as business people but who should have each of their houses regarded as separate investments so they can’t subsidise each other, and set losses off, or high interest and payment rates off against another property.

          A rise in valuation since a house was bought does not mean home owners are able to pocket their profit advantage, they will need all their net price, after paying off the present mortgage, to meet the cost of their next home. They may have put every weekend for a year into improving the house also, and why should government then swipe a considerable percentage of their effort to improve their lives. And if government steps in and whips out a sizable tax on that sale, then it is taking from them some of what they need to buy another equivalent or dearer house with more bedrooms. Changing houses then results in a tax punishment which will hurt low and middle income householders more than the benefit that the country and housing sector receives from tax.

          And the long-term occupation of ten years may not be appropriate for NZs who at one time were documented as changing location every three years. These uncertain days, with fragile business structures, time may be shorter.
          I think developers and builders shifting often to minimise tax may have to be an accepted practice. Perhaps a minimum low tax on all property sales of any value would ensure some useful revenue to the country, perhaps it could be a return to stamp duty. Then the CGT would be applied separately only to those properties with a marginal price over the median price bracket or falling within other criteria.

          I consider, in general, that setting a median price for a year for each area, would limit the effect on lower income families. People who have more expensive homes would pay some CGT above that median. It wouldn’t be difficult to understand or comprehend – the set median would be on line for anyone to check. Talking about simple and all-encompassing taxation measures as so many accounting practitioners do is attempting to mislead. Tax rates can never be simple and serve the people well. Taxes must be tailored appropriately to their required result, and be easily accessed and explained for information purposes.

  16. We don’t need a cap gains tax, cap gains tax doesn’t work, etc…

    Today I’m introducing a cap gains tax.

    How the hell does john key still have any credibility?

  17. boyonlaptop 17

    Still convinced Little was right, to shelve this policy then people?

    Although this is a step in the right direction and it is a win for the left to see National finally admitting a problem. They should still be attacking this as too little, too late.

    • Picard101 17.1

      They are. Things like, not enough, only tinkering, it’s a start, finally admitting there is a problem are being said by labour and the greens.

  18. Reddelusion 18

    Pragmatic and smart politics, left again left scrambling, locked in the belt way, academia, la la land with no answers where the populace will jump on board and back this policy, next un turn hopefully superannuation

    • Picard101 18.1

      Ummm a policy taken from the left making national look even more bereft of any ideas.

    • Tracey 18.2

      you agree cunliffe was correct then?

    • sabine 18.3

      but but

      there is no housing crisis
      there is not shortage of houses
      there are no foreigners buying up houses
      there is no housing specualtion
      we are not selling every third property in auckland to the chinese
      we are not keeping a record on who buys the houses
      there is no housing crisis in auckland
      there is no housing crisis in New Zealand, lets sell state houses

      lets introduce a capital gains tax, cause we are national. 🙂


      • Clemgeopin 18.3.1

        * There is no poverty.
        * There are no children going hungry in NZ.
        * The assets will be bought by Mum and Dad investors.
        * There is no mass surveillance.
        * The public schools are failing. So we need charter schools.
        * Adult Community education night classes are a waste of time and the thirteen million dollars it needs is a waste that we can’t afford. Have an unasked for new flag instead for only a 30 million dollars-Plus amount.
        * We care for the ‘underclass’. Yes, we really do (at the end of the day).
        * The Green’s kid’s kiwi saver is a stupid idea. Can’t explain why, though).
        * Labour’s CGT was a bad idea. (but we will bring it in anyway and pretend it is lots different).
        * Extending paid parental leave is a crap policy. (Ok, may be we will expend it just a little to show we too care!)
        * People are returning from Aussie in droves because they think we have a Rock Star economy. (Yes, really they do, though they don’t really know our secret that what we have are ROCKS for the less wealthy and wealth for the STARS!)
        * We will produce 172,000 new jobs. ( Did you know that we produced 75,000 jobs in Northland. Yes, we said that at the by-election! Must be true!)
        * We will build hundreds of thousands of houses not far from Auckland, just about 2 to 4 hours away from CBD.
        * Labour’s ideas for housing, regional development, immigration, social welfare, employment, job creation, WFF, Kiwi Saver, Kiwi Bank etc are no good at all. (But we will copy them anyway)

        * We are working for New Zealand! (aukshully, between you and me, we mean working for the wealthy, Ha, ha, suckers! We are the best and Key is more loved than Jesus and Elvis combined even).

  19. SMILIN 19

    Of course Key will have to introduce the tax regardless of politics
    votes wont matter to him because hes already done the damage that he was put there for -destruction of the Labour party -and he’ll probably be rolled before the next election
    Will he back date it to 3 yrs ago when the rout started ? because if he had any scruples he would and then we might see a surplus
    Its just something that keeps everything new in his eyes but the pain that his BS has caused will take more than a tax to fix

  20. Atiawa 20

    Had people (workers) in New Plymouth last election telling us they weren’t in favour of CGT. Some of them didn’t own a house let alone rentals. Aspirational? Dreamilogical? Optimistical? Stupifucktional?

  21. Brian Smith 21

    Mmm.. just thinking outside the square. Imagine if you had advice that the market was going to go belly -up at the end of the year/next year (forcing thousands of people to sell their ‘portfolios’) and you were thinking “how can we screw the late entrants (the ‘green’ players, the uneducated players, the foreign investors) to the market by getting some tax dollars before they go down”? I know it’s a highly cynical view but the minds of these psychopaths in power warrant analysis and thought outside the traditional parameters attributable to normal human beings.

  22. Philip Ferguson 22

    The thing about the Key-English regime is that, far from being any kind of hardened neo-liberal ideologues, they are pragmatic managers of capitalism.

    Sometimes they bend a bit to the right, sometimes a bit to the left. Whatever is needed to manage capital.

    It’s pretty clear that the market is neither ‘sorting out’ the housing situation in Auckland nor is it spontaneously capable of doing so. So some government intervention is on the way. The intervention is designed not to make it easier for the working class to buy houses; rather it’s designed to prevent the bubble reaching the point of explosion, which would create some severe economic problems.

    Key-English are all about managing the malaise of a second-rate economic system that simply can’t be left to its own devices without producing regular crises.

    ‘Rock star economy’ and the lost prophets: https://rdln.wordpress.com/2014/01/09/rock-star-economy-and-the-lost-prophets/

    The Key-English government in the context of capital accumulation in New Zealand today: https://rdln.wordpress.com/2014/12/12/the-key-english-government-in-the-context-of-capital-accumulation-in-new-zealand-today/

    Key’s ‘vision’: managing the malaise of NZ capitalism: https://rdln.wordpress.com/2013/01/31/keys-vision-managing-the-malaise-of-new-zealand-capitalism/

    The Mainzeal collapse: leaky homes, leaky loans and a leaky system: https://rdln.wordpress.com/2013/02/08/the-mainzeal-collapse-leaky-homes-and-a-leaky-system/

  23. Maui 23

    It’s good the left can still influence policy from outside government.

  24. lefty 24

    A capital gains tax is a good mechanism to make it look like you are taking the overheated Auckland housing market because it has been demonised as being a left policy for so long and it can make National appear pragmatic and caring.

    It is not going to make much difference though, no matter how it is structured. After all it hasn’t elsewhere.

    Neither John Key nor Labour would ever have supported it if it was going to be effective.

    Not when so many MP’s are busy making money in the housing market in their spare time.


  25. Ben 25

    The fact that this has effectively trumped the latest crisis has nicely tied the Left up in a few knots. Yes it is late, but it appears to be maybe just enough to keep those who know that a CGT is a necessary evil happy as it not over the top. Labour having thought of it first doesn’t really matter now, and nobody likes ‘a told you so’.

    All is not lost as there is plenty of time for more crisis.

    • lprent 25.1

      It won’t do much for the current “crisis”. I’d expect to see another round of frantic speculative buying between now and October 1st as investors get in before the 2 year limitation goes into effect.

  26. Herodotus 26

    A sale is recognised with LINZ on the change of ownership, this can be months after a sale has become unconditional. A bit more admin heavy but when a property is listed for sale then this should be a recorded against the title, that IMO is when the sale process commences, not settlement.
    This to me is just a headline catcher, who (unless their situation changes) will now sell a property when any capital gain will be taxed, why not wait a few months or even a year and escape paying any tax, and remember for Aucklander’s this could be hundreds of thousands of $ CGT avoided.
    Just cannot wait to see how well the Govt has done in the media over the next few days. Remember they are working for whats best for NZ 😉

  27. logie97 27

    I am sure I heard the Prime Minister on Radio New Zealand National just last week say that “a Capital Gains tax is spectacular in its failure”. I remember him saying it because it appeared to be another instance of his mangling of the English Language.

    • linda 27.1

      i remember key saying there is no housing crises all is well its a supply problem

  28. McFlock 28

    Two years seems a bit tight to me.
    I mean it might impact the specuators who flip properties in a week, but it seems to me to still be well within the “buy/sell but don’t let” area.

  29. dv 29

    And Key said on the news its NOT a capital gain tax.


    • Maui 29.1

      Most of the time it’s not acting in it’s capacity as a Capital Gains Tax. It just sees itself as a regular tax…

  30. Mad Plumber 30

    It’s a Capital Gains Tax but not as we know it.

  31. AsleepWhileWalking 31

    It’s just a tax grab and (surprise!) won’t affect investors.

    CGT doesn’t do anything at all for our people who are struggling to find housing.

    I suggest a higher tax on all residential rental income sufficient to cover the ever increasing amounts of Accommodation Supplement that the government has to pay to keep people housed.

    Now, the LL’s will whine that rents will have to increase in order to cover the tax, this in turn will be met with increases in accommodation supplement, etc etc

    • Clemgeopin 31.1

      If I was the Prime Minister (Be thankful I am not), I would make the rule that no one can own more than two houses at any one time. One to live in, one to rent.

      So that people can spend their money into productive investments, savings and businesses rather than bricks and mortar housing speculative madness.

      And also, I would build either as the government alone or as Public-Private-Council three way partnerships, more houses of different types, including state houses, upmarket houses, high rise apartments, rent to buys, cheap first homes etc as needed and build necessary infrastructures as needed, thus helping create trade jobs too, reducing stress, greed and inequality and increasing peace, fairness and happiness quotient in the people.

      Am I mad? Bob Jones would think so, I am sure. Do you?

      • Halfcrown 31.1.1

        “Am I mad? Bob Jones would think so, I am sure. Do you?”

        Two answers

        1. No

        2. Who gives a shit what Jones thinks.

  32. Kevin 32

    Being the suspicious bastard that I am, and knowing that National goverments do shit like this because they know something we don’t, I am assuming this will be enacted for the next financial year? Therefore the Auckland housing bubble should be poised to to pass on substantial taxes in the near future.

  33. Paul 33

    War is peace.
    Freedom is slavery.
    Ignorance is strength.

    George Orwell

    A capital gains tax is not a capital gains tax

    John Key.

  34. Ross 34

    It seems strange that National would introduce a policy that it hates.

    I think the Reserve Bank and or Treasury must be pulling the strings here. They want to see heat taken out of the Auckland property market.

Links to post

Recent Comments

Recent Posts

  • The Second (And Final?) Crucifixion Of Winston Peters.
    Stag At Bay: Twelve years ago, Winston Peters was still robust enough to come back from the political crucifixion which his political and media enemies had prepared for him. In his seventies now, the chances of a second resurrection are slim. We should, therefore, prepare for the last gasp of ...
    3 hours ago
  • Earth’s artificial rings
    Satellites pass over NZ all the time (literally). Here I focus on the 187 Planet Labs ‘Dove’ Earth-imaging satellites, and I show that one can determine in advance where they will be, enabling scientists on the ground to correlate their environmental and other data collection with opportunities to get imaging ...
    SciBlogsBy Duncan Steel
    10 hours ago
  • Softy Jejune Parson – the new Mother Superior of Wellington
      The Council of Disobedient Women has learned that the Prefect of Aro Valley has been promoted to a new role with the blessing of the Pope of Wellington. Softy Jejune Parson has been appointed Mother Superior of Woke Wellington for the work she has been doing calling out heretics, ...
    RedlineBy Admin
    12 hours ago
  • Atlantic shakeup: US and UK leadership contenders ripping up the usual scripts?
    On both sides of the Atlantic, some purportedly “contentious” and “difficult to deal with” leadership contenders to lead the US and UK, as President and Prime Minister respectively, seem to have thrown a few spanners into the works of the normal messaging most are used to hearing constantly. Except they’re ...
    exhALANtBy exhalantblog
    14 hours ago
  • Winston is the PM’s problem
    In Question Time today the Prime Minister was naturally facing questions about Deputy Prime Minister Winston Peters and his dubious party financing arrangements, which seem to violate electoral finance law. Her response was to pretend that it was nothing to do with her, and that she is not responsible for ...
    No Right TurnBy Idiot/Savant
    19 hours ago
  • Australia’s secret prisoner
    A prisoner stripped of their name, imprisoned for a secret crime after a secret trial, with all details legally suppressed for secret reasons. A story by Kafka or Dumas? China? No, its just the latest stage of Australian tyranny:An Australian citizen was prosecuted, convicted, and jailed in the ACT last ...
    No Right TurnBy Idiot/Savant
    21 hours ago
  • Bridges should put his money where his mouth is
    Stuff has more details on what New Zealand First's slush-fund has been funding, with much of the spending directly benefiting the party. Which makes it look a lot like hidden donations, rather than the completely-innocent-giant-pile-of-cash Winston is trying to portray it as. The Electoral Commission is now investigating, but Simon ...
    No Right TurnBy Idiot/Savant
    21 hours ago
  • The APEC police state enabling bill
    I've joked before about how hosting international summits effectively turns part of your country into a police state for the duration. Well, New Zealand is hosting APEC in 2021, with events throughout the year in Christchurch, Wellington, and Auckland. And the government has put up a bill to give itself ...
    No Right TurnBy Idiot/Savant
    21 hours ago
  • Why coastal floods are becoming more frequent as seas rise
    Climate Explained is a collaboration between The Conversation, Stuff and the New Zealand Science Media Centre to answer your questions about climate change. If you have a question you’d like an expert to answer, please send it to climate.change@stuff.co.nz I saw an article claiming that “king tides” will increase in ...
    SciBlogsBy Guest Author
    23 hours ago
  • The cost of a range clearance.
    It has been revealed that firing ranges used by the NZDF while deployed to the Provincial Reconstruction Team (PRT) in Bamyan Province, Afghanistan, contained unexploded ordnance that caused numerous deaths and injuries after the NZDF withdrew the PRT in April 2013. In 2014 seven children were killed when an unidentified ...
    KiwipoliticoBy Pablo
    1 day ago
  • Still denying responsibility
    Stuff's story on NZDF's negligence around its Afghan firing ranges has produced a result, with a commitment from the Prime Minister for an urgent cleanup. But this doesn't mean NZDF is accepting responsibility for the deaths and injuries that have occured - they're still refusing compensation. Which given that the ...
    No Right TurnBy Idiot/Savant
    2 days ago
  • A corrupt practice
    Last week RNZ broke the news on NZ First's mysterious "foundation" and its dodgy-looking loans. The arrangement seemed to be designed to evade the transparency requirements of the Electoral Act, by laundering donations. But now Stuff has acquired some of their financial records, and it gone from dodgy to outright ...
    No Right TurnBy Idiot/Savant
    2 days ago
  • Democracy “A Bit Bonkers” – Thoughts Inspired By Lizzie Marvelly’s Latest Co...
    Didn't See It Coming: NZ Herald columnist Lizzie Marvelly's latest column merits serious scrutiny because such a clear example of anti-democratic thinking is encountered only rarely on the pages of the daily press. Which is not to say that the elitism which lies at the heart of such social disparagement ...
    2 days ago
  • Colombia: historic memory, massacres and the military
    by Gearóid Ó Loingsigh Initially it was reported that in an aerial bombardment that took place on August 30th seven children were massacred; the figure then went up to eight and then on November 11th Noticias Uno reported that, according to people from the community in close proximity to the ...
    RedlineBy Admin
    2 days ago
  • On the road to Net Zero, the next step is to update our UN pledge
    A lot has happened since the UN’s report on 1.5ºC was released in October 2018. New Zealand’s Zero Carbon Bill has passed, and enshrines the 1.5ºC goal in law. The UK and France have also legally strengthened their targets to Net Zero 2050. The School Strike For Climate and Extinction ...
    SciBlogsBy Robert McLachlan
    3 days ago
  • Corruption as usual
    Next year is an election year, and Labour needs money to fund its campaign. So naturally, they're selling access:Labour is charging wealthy business figures $1500-a-head to lunch with Prime Minister Jacinda Ardern at its annual conference later this month. [...] On the weekend beginning November 29th, around 800 delegates will ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • Fairer rentals
    Yesterday the government announced its changes to tenancy laws, including an end to no-cause evictions, limits on rent increases, and anonyminity for tenants who defend their rights against bad landlords (sadly necessary because landlords are scum who maintain blacklists of "uppity" tenants). They're all good moves, and have resulted in ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • Another NZDF coverup
    In 2003 New Zealand sent a Provincial Reconstruction Team to Afghanistan to support America's doomed war there. While there, they conducted regular weapons practice on local firing ranges, littering the landscape with unexploded ammunition. These ranges weren't secure - they're on land used by locals for animal herding - so ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • A loss for the Greens
    Green MP Gareth Hughes has announced he will retire at the election. Its understandable - he's been there ten years, and wants to actually see his children grow up rather than miss it while drowning in the toxic parliamentary sewer. But his departure is also a huge loss for the ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • New era for Ngāti Kuri and Auckland Museum
    Words and images by Jacqui Gibson Gone are Auckland Museum’s days of doing science using a museum-centric academic approach, after Māori land rights holders Ngāti Kuri gave the museum an ultimatum.
    Tom Trnski holding a fossilised whale tooth from the Far North.Aussie-born Head of Natural Sciences at Auckland Museum ...
    SciBlogsBy Guest Author
    3 days ago
  • Circling vultures: Why MediaWorks TV is really in trouble
    MediaWorks announced in October 2019 that it intended to sell off its struggling television business and cancel or cut back on several popular local programmes, including New Zealand Today, Married at First Sight New Zealand and 7 Days. Its radio and outdoor advertising arms are currently performing well, but MediaWorks’ ...
    Briefing PapersBy Peter Thompson
    3 days ago
  • Scary Opinium Poll
    Westminster voting intention:CON: 44% (+3)LAB: 28% (-1)LDEM: 14% (-1)BREX: 6% (-)via @OpiniumResearch, surveyed this weekChgs. w/ 08 Nov— Britain Elects (@britainelects) 16 November 2019 This, of course, doesn't look good.  Labour have been chucking big, headline grabbing policies left, right and centre ... Well, maybe not right.  Left, left ...
    3 days ago
  • A coward’s ploy.
    Some readers may remember that I mentioned last year that I was applying for NZ citizenship. I filled out the paperwork and had my original citizenship interview in February. Everything went well until they discovered that, because I had spent five months in the US in 2017, I had not ...
    KiwipoliticoBy Pablo
    4 days ago
  • Left censorship and exclusion against gender-critical women: a Marxist critique
    by Deirdre O’Neill It is becoming quite acceptable for certain sections of the left to declare that people like me – women who are ‘gender critical’ – should not be allowed in leftist or anarchist spaces. Leaving aside the arrogance and implicit authoritarianism of this claim, its lack of critical ...
    RedlineBy Admin
    4 days ago
  • “Uncertainty” can be better solved with a better grasp of life’s inherent complexities…
    There is an article in The Conversation, written by Jeremy P. Shapiro (Adjunct Assistant Professor of Psychological Sciences, Case Western Reserve University), about what he sees as the psychologically-based underpinnings of three main matters that seem to vex people all around the planet. The article is titled “The Thinking ...
    exhALANtBy exhalantblog
    5 days ago
  • Citizens vs the Rogue Deep State
    . .   Blogger Martyn Bradbury has won his case against unreasonable search and surveillance against the NZ Police; and subsequent Police attempts to produce evidence in secrecy, in a closed Court. His case highlights a disturbing growing trend in Aotearoa New Zealand for State power to be used against ...
    Frankly SpeakingBy Frank Macskasy
    5 days ago
  • Massey University’s free speech policy double-plus-good
    The Committee of Disobedient Women has intercepted an email from Dr Emma Eejut, Senior Lecturer in Sociology, Massey University to the university’s Vice-Chancellor, Jan Thomas. Dear Jan, Thank you for your courageous move.  I think 10 pages of blether** should tie any of the students game enough to try holding ...
    RedlineBy Admin
    6 days ago
  • Unacceptable
    That's the only response to the findings of the Ombudsman's investigation into LGOIMA practices at the Christchurch City Council:My investigation identified serious concerns about the Council’s leadership and culture, and its commitment to openness and transparency. In particular, Council staff raised concerns with me about various methods employed by some ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • There is what corruption looks like
    NZ First seems to be nakedly trying to enrich itself from public office:A powerful New Zealand First figure helped establish a forestry company that then pushed for money from two key funding streams controlled by a New Zealand First Minister. An RNZ investigation has found Brian Henry, lawyer for Winston ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • Escape from Manus Island
    Behrouz Boochani is an award winning author and journalist. He is also a refugee, who for the past six years has been detained in Australia's offshore gulag on Manus Island, and in Papua New Guinea. But last night, with the cooperation of the WORD Christchurch festival and Amnesty International, he ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • When World’s Collide.
    Different Strokes: If a multicultural immigration policy imposes no obligation on immigrant communities to acknowledge and ultimately embrace their host nation’s most cherished traditions and values, then how is that nation to prevent itself from being reduced to a collection of inward-looking and self-replicating ethnic and cultural enclaves?THE COALITION GOVERNMENT’S ...
    6 days ago
  • Could There Be Method In Massey University’s Madness?
    Protective Zone: Reading the rules and guidelines released by Massey University, it is impossible to avoid the conclusion that its governing body considers the whole concept of free speech a disruptive threat to the orderly imparting of orthodox academic knowledge.IN TRUE ORWELLIAN fashion, Massey University has announced its commitment to ...
    6 days ago
  • Climate Change: We need more trees, not less
    Farmers held a hate-march on Parliament today, complete with MAGA hats, gun-nut signs, and gendered insults. While supposedly about a grab-bag of issues - including, weirdly, mental health - it was clear that the protest was about one thing, and one thing only: climate change. And specifically, forestry "destroying" rural ...
    No Right TurnBy Idiot/Savant
    7 days ago
  • The IGIS annual report: Dead letters and secret law
    The Inspector-General of Intelligence and Security released their annual report today, and I've been busy reading through it. In amongst the usual review of what they've been doing all year, there's a few interesting bits. For example, a discussion on "agency retention and disposal of information", which points out that ...
    No Right TurnBy Idiot/Savant
    7 days ago
  • A referendum on bigotry
    The End of Life Choice Bill passed its third reading last night, 69 - 51. Thanks to a compromise with NZ First - which looks to have been necessary on the final numbers - the commencement of the bill will be subject to a referendum. Given the ugliness of the ...
    No Right TurnBy Idiot/Savant
    7 days ago
  • Political parties and GMOs: we all need to move on
    Recently more than 150 post-graduate students and young scientists presented an open letter to the Green Party via The Spinoff, encouraging them to reconsider their position on genetic modification. Their target is tackling climate change issues.[1] Can any party continue to be dismissive about genetic modification (GM) contributing to ...
    SciBlogsBy Grant Jacobs
    1 week ago
  • Class, Identity Politics and Transgender Ideology
    by Deirdre O’Neill Under Thatcher and then Blair and continuing up until our contemporary moment, the working class has seen its culture slowly and progressively destroyed. The change from an industrial society to a service society produced a marked shift in focus from the working class as the backbone of ...
    RedlineBy Admin
    1 week ago
  • Irony
    Since 2013, the Australian government has detained refugees without trial in Pacific gulags, where they are abused, tortured, and driven to suicide. The policy is not just an abuse of human rights and possible crime against humanity; it has also had a corrosive effect on the states Australia uses as ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • An age of protest.
    It seems fair to say that we currently live in a problematic political moment in world history. Democracies are in decline and dictatorships are on the rise. Primordial, sectarian and post-modern divisions have re-emerged, are on the rise or have been accentuated by political evolutions of the moment such as ...
    KiwipoliticoBy Pablo
    1 week ago
  • Another captured agency
    Last month, Greenpeace head Russel Norman surrendered his speaking slot at an EPA conference to student climate activist Sorcha Carr, who told the EPA exactly what she thought of them. It was a bold move, which confronted both regulators and polluters (or, as the EPA calls them, "stakeholders") with the ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • NZ First’s dodgy loans
    The core principle supposedly underlying New Zealand's electoral finance regime is transparency: parties can accept large donations from rich people wanting to buy policy, but only if they tell the public they've been bought. Most parties abide by this, so we know that TOP was wholly-owned by Gareth Morgan, and ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Member’s Day: The choice on End of Life Choice
    Today is a Member's Day, probably the second-to-last one of the year, and its a big one, with the Third Reading of David Seymour's End of Life Choice Bill. last Member's Day it was reported back from committee, after MPs voted narrowly to make it subject to a (rules TBA) ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • How growth in population and consumption drives planetary change
    Climate Explained is a collaboration between The Conversation, Stuff and the New Zealand Science Media Centre to answer your questions about climate change. If you have a question you’d like an expert to answer, please send it to climate.change@stuff.co.nz The growth of the human population over the last 70 ...
    SciBlogsBy Guest Author
    1 week ago
  • The disappearing Women …
    by The Council of Disobedient Women In her excellent oral submission to the Abortion reform select committee on 31st October on behalf of Otago University’s Department of Public Health, historian and public health researcher Hera Cook stated: “We would ask that the committee not use the term ‘pregnant persons’ and ...
    RedlineBy Daphna
    1 week ago
  • “A Passage to India”: enduring art in changing times
    by Don Franks In 1957, E M Forster wrote, of his greatest work: “The India described in ‘A Passage to India’ no longer exists either politically or socially. Change had begun even at the time the book was published ( 1924) and during the following quarter of a century it ...
    RedlineBy Daphna
    1 week ago
  • Contemptuous
    The Referendums Framework Bill was due back from select committee today. But there's no report on it. Instead, the bill has been bounced back to the House under Standing order 29593) because the Committee didn't bother to produce one. They probably tried. But given the membership of the committee (which ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Zero Carbon: It’s not just a good idea, it’s the law
    Two years into New Zealand’s Labour-led government, the long-delayed Zero Carbon Bill became law on 7 November. Passed essentially unanimously, the lengthy public debates and political manoeuvring faded away until the final passage was even anticlimactic: Flipping through the @nzstuff @DomPost I was starting to wonder if I’d dreamt ...
    SciBlogsBy Robert McLachlan
    1 week ago
  • Climate Change: What happens next?
    Now the Zero Carbon Bill is law, what's next? Obviously, the ETS changes currently before select committee are going to be the next battleground. But we're also going to get a good idea of where we're going, and if the progress the Zero Carbon Act promises is good enough, during ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Climate change will fuel bush fires
    Grant Pearce The effects of the current Australian bushfires in New South Wales and Queensland (and also again in California) are devastating and far-reaching. To date, the fires have resulted in several lives being lost and many homes and properties destroyed. Here in New Zealand, the impacts have been only ...
    SciBlogsBy Guest Author
    1 week ago
  • Participation rates
    A passing comment in a post the other day about the labour force participation rates of older people prompted me to pull down the fuller data and see what we could see about various participation rates over the decades since the HLFS began in 1986.   As it happens, the ...
    SciBlogsBy Michael Reddell
    1 week ago
  • Not So Much “OK Boomer” As “OK Ruling Class”.
    Distract And Divert: The rise of what we have come to call “Identity Politics” represents the ideological manifestation of the ruling class’s objective need to destroy class politics, and of the middle-class’s subjective need to justify their participation in the process.THE RELIEF of the ruling class can only be imagined. ...
    1 week ago
  • Asking for it …
    "I saw a newspaper picture,From the political campaignA woman was kissing a child,Who was obviously in pain.She spills with compassion,As that young child'sFace in her hands she gripsCan you imagine all that greed and avariceComing down on that child's lips?" ...
    1 week ago
  • New Zealand’s Poor Pandemic Preparedness According to the Global Health Security Index
    Dr Matt Boyd, Prof Michael Baker, Prof Nick Wilson The Global Health Security Index which considers pandemic threats has just been published. Unfortunately, NZ scores approximately half marks (54/100), coming in 35th in the world rankings – far behind Australia. This poor result suggests that the NZ Government needs to ...
    SciBlogsBy Public Health Expert
    1 week ago
  • Climate Change: Thank Winston
    The Zero Carbon Act is inadequate, with a weak methane target designed to give farmers a free ride. But it turns out it could have been worse: Climate Change Minister James Shaw was so desperate to get National on board, he wanted to gut that target, and leave it in ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Illicit markets and Bali Booze
    The Herald reprints an Australian story on a couple of tragic deaths in Bali from drinking cocktails that had methanol in them.  The story argues that methanol is likely the result of home distillation. But what the young tourists were experiencing was far from a hangover. They’d consumed a toxic cocktail ...
    SciBlogsBy Eric Crampton
    1 week ago
  • This is not what armed police are for
    Last month, the police announced a trial of specialist roaming armed units, which would drive round (poor, brown) areas in armoured SUVs, armed to the teeth. When they announced the trial, they told us it was about having armed police "ready to attend major incidents at any time if needed". ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Spain’s failed electoral gamble
    Spain went to the polls today in the second elections this year, after the Socialists (who had come to power in a confidence vote, then gone to the polls in April) rejected the offer of a coalition with the left-wing PoDemos, and instead decided to gamble n a better outcome ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • The astroturf party
    National has finally rolled out its "BlueGreen" astroturf party, fronted by an array of former nats and people who were dumped by the Greens for not being Green enough. Its initial pitch is described by Stuff as "very business-friendly", and its priorities are what you'd expect: conservation, predator-free funding, a ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • How to cheat at university
    A couple of days ago I attended (and spoke at) the University of Waikato’s “LearnFest” event. There were lots of talks and sessions on very diverse aspects of teaching, mostly at tertiary level. One was by Myra Williamson from Te Piringa Faculty of Law here at Waikato, on Contract Cheating ...
    SciBlogsBy Marcus Wilson
    1 week ago
  • How NZ was put on world maps using a transit of Mercury
    There will be a transit of Mercury – the planet Mercury will pass across the face of the Sun – taking place at sunrise in New Zealand on Tuesday, 12th November. It was by observing such an event 250 years ago that James Cook and his scientist colleagues were able ...
    SciBlogsBy Duncan Steel
    1 week ago
  • Georgina Beyer: We need to be able to talk without being offended
    Since becoming the world’s first openly transexual mayor and member of parliament, Georgina Beyer has been recognised as a trailblazer for trans rights. Daphna Whitmore talks with her about where she sees the current trans movement We start out talking about legislation the government put on hold that would have ...
    RedlineBy Daphna
    2 weeks ago
  • The anti-fluoride brigade won’t be erecting billboards about this study
    If FFNZ really put their faith in “Top Medical Journals” they would now be amending their billboards to recognise new research results. Image from FFNZ but updated to agree with the latest research. ...
    2 weeks ago
  • Chosen To Rule? What Sort Of Christian Is Chris Luxon?
    National Messiah? Chris Luxon identifies himself as an evangelical Christian. If he is genuine in this self-characterisation, then he will take every opportunity his public office provides to proselytise on behalf of his faith. He will also feel obliged to bear witness against beliefs and practices he believes to be ...
    2 weeks ago
  • War of the worms
    I'm going to make a Reckless Prediction™ that the Tories have 'topped out' in the 'poll of polls' / Britain Elects multipoll tracker at about 38%, and in the next week we will start to see Labour creep up on them.In fact, we might just be seeing the start of ...
    2 weeks ago
  • Marvelly shows us how to be a feminist without feminism
    by The Council of Disobedient Women Lizzie Marvelly: “I may have missed this… has @afterellen gone all terf-y? Or am I reading something incorrectly? “ https://twitter.com/LizzieMarvelly/status/1191840059105742849 After Ellen is a lesbian website that is unashamedly pro-lesbian, as you’d expect. So why is Ms Marvelly so bothered about lesbians having their ...
    RedlineBy Daphna
    2 weeks ago
  • Out of the past – Tories to revive racist laws from the 16th century
    Did you know there once was a time when it was illegal to be a gypsy (aka Romani) in Britain?That was between 1530, when the Egyptians Act was passed, and 1856, when it was repealed.Amongst other things, the act forbade the entry of 'Egyptians' into England, ordered those already there ...
    2 weeks ago
  • 1000 of these now
    Some days I sit and think, “what will I write…?” What do you say when you get to 1000 posts? Maybe you just start where you are, diverge to where this all began, then offer a collection of reader’s favourite posts, and a few of your own? (And throw in ...
    SciBlogsBy Grant Jacobs
    2 weeks ago
  • Has Shane Jones Just Saved NZ First?
    Counter-Puncher: The “activists” and “radicals” (his own words) from the Indian community who took such strong exception to Shane Jones’ remarks about Immigration NZ’s treatment of arranged marriages, may end up bitterly regretting their intervention. Jones is not the sort of person who turns the other cheek to his critics.SHANE ...
    2 weeks ago
  • Climate Change: As predicted
    Yesterday, when National voted for the Zero Carbon Bill, I predicted they'd gut it the moment they regained power, just as they had done to the ETS. And indeed, they have explicitly promised to do exactly that within their first hundred days in office. What would their amendments do? Abandon ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Let this never be forgot
    In the spirit of Remember, remember the fifth of November, let's keep this in mind FOREVER.
    Oh dear. Extraordinary interview on PM with Andrew Bridgen and @EvanHD just now. Bridgen was defending Jacob Rees Mogg’s Grenfell comments. Evan asked him if JRM had meant to say he would have left ...
    2 weeks ago
  • Too Late To Change Capitalism’s Flightpath?
    Collision Course? In conditions of ideological white-out, the international bankers’ “Woop-Woop! Pull Up!” warning may have come too late to save global capitalism.WHAT DOES IT MEAN when international bankers are more willing to embrace radical solutions than our politicians and their electors? At both the International Monetary Fund and the ...
    2 weeks ago
  • Whooping cough vaccine works well despite its imperfections
    Pertussis (whooping cough) is a conundrum. It is a disease that was described hundreds of years ago and the bacteria that causes it (Bordetella pertussis) isolated in 1906. We have had vaccines for about 80 years but this disease is defiant in the face of human immunity. I wanted to ...
    SciBlogsBy Helen Petousis Harris
    2 weeks ago
  • Climate Change: Passed
    The Zero Carbon Bill has just passed its third reading, uanimously. In the end, National supported it - but we all know they'll turn around and gut it the moment they regain power. Meanwhile, I guess ACT's David Seymour didn't even bother to show up. I am on record as ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Retailing of vaping products – New NZ Research
    Dr Lindsay Robertson, Dr Jerram Bateman, Professor Janet Hoek Members of the public health community hold divergent views on how access to vaping products or electronic nicotine delivery systems (ENDS) products should be arranged. Some believe ENDS should be as widely available as smoked tobacco and argue for liberal ...
    SciBlogsBy Public Health Expert
    2 weeks ago
  • Justice for Bomber
    When the Police were trying to cover up for the National Party over Dirty Politics, they went all-in with their abuses of power. They illegally search Nicky Hager's house, violating his journalistic privilege and invading his privacy. They unlawfully acquired Hager's bank records. They did the same to left-wing blogger ...
    No Right TurnBy Idiot/Savant
    2 weeks ago

  • Cowboy clampers will be stymied
    Clayton Mitchell, Spokesperson for Consumer Affairs The ‘wheel clamping’ Bill that will cap clamper fees to $100 passed its third reading in Parliament today. New Zealand First welcomes The Land Transport (Wheel Clamping) Amendment Bill to combat predatory wheel clamping behaviour in what is currently a largely unregulated business. Cowboy clampers are: gouging ...
    24 hours ago
  • Mental Health Commission back on track
    Jenny Marcroft, Spokesperson for Health New Zealand First welcomes the passage of the Mental Health and Wellbeing Commission Bill through its first reading in Parliament. “Today’s progress takes serious action on the mental health and addiction crisis the country is facing,” says New Zealand First Health Spokesperson Jenny Marcroft. “The re-establishment ...
    24 hours ago
  • New Zealand’s key assets are not for sale: national interest test delivered
    Mark Patterson, Spokesperson for Primary Industries Today the Government announced the delivery of the promise to protect New Zealand interests by applying a new National Interest Test to the sales of our most sensitive and high risk assets to overseas buyers. This further strengthening of the Overseas Investment Act will ...
    2 days ago
  • National interest test added to protect New Zealanders’ interests
    The Coalition Government is delivering on its promise to protect New Zealanders’ interests by applying a new national interest test to the sales of our most sensitive and high-risk assets to overseas buyers. Under current Overseas Investment Act (OIA) rules, assets such as ports and airports, telecommunications infrastructure, electricity and ...
    2 days ago
  • Electoral law breach allegations
    Rt Winston Peters, Leader of New Zealand First Allegations raised this morning by Stuff Limited / Fairfax concern a party matter but I am confident that New Zealand First has operated within electoral laws, now and for the last 27 years. Declarable donations were declared to the Electoral Commission. Our ...
    2 days ago
  • Wayne Brown hits back at critics: Ports of Auckland has to move
    The chairman of the Upper North Island Supply Chain Strategy (UNISCS) working group, Wayne Brown, has hit back at critics of his group’s recommendations to relocate the Ports of Auckland cargo operations to Whangarei’s deepwater port of Northport. The working group's recommendation to close Auckland waterfront to all but cruise ...
    3 days ago
  • Week That Was: Supporting our schools
    We're setting our young people up for success, investing in education around the country.  ...
    3 days ago
  • Kiwis to have their say on End of Life Choice
    Jenny Marcroft MP, Spokesperson for Health New Zealand First backs the public to decide on the End of Life Choice Bill via a referendum at the 2020 General Election. The Bill, with New Zealand First’s referendum provision incorporated, passed its final reading in Parliament this evening. New Zealand First Spokesperson for ...
    7 days ago
  • Addressing miscarriages of justice
    Darroch Ball, Spokesperson for Justice New Zealand First is proud that a key Coalition Agreement commitment which will provide for a more transparent and effective criminal justice system has been realised. Legislation to establish the Criminal Cases Review Commission, an independent body focused on identifying and responding to possible miscarriages of ...
    1 week ago
  • Week That Was: Historic action on climate change
    "Today we have made a choice that will leave a legacy... I hope that means that future generations will see that we, in New Zealand, were on the right side of history." - Jacinda Ardern, Third Reading of the Zero Carbon Bill ...
    2 weeks ago
  • Tax-free deployments for Kiwi troops
    Darroch Ball, New Zealand First List MP A Member’s bill has been proposed that would provide income tax exemptions for all New Zealand Defence Force (NZDF) personnel while on operational deployment overseas. The Income Tax (Exemption for Salary or Wages of NZDF Members on Active Deployment) Amendment Bill proposed by New Zealand First ...
    2 weeks ago
  • A balanced Zero Carbon Bill passed
    Rt Hon Winston Peters, New Zealand First Leader New Zealand First is proud to have brought common sense to the Climate Change Response (Zero Carbon) Amendment Bill, which passed its final reading in Parliament today. Party Leader Rt Hon Winston Peters says months of hard work went into negotiating a balanced ...
    2 weeks ago
  • Paramedics’ status to be recognised
    Jenny Marcroft MP, Spokesperson for Health New Zealand First has listened to calls to recognise paramedics as registered health professionals under the Health Practitioners’ Competence Assurance Act (the Act). Today, the Coalition Government announced plans for paramedics to be registered as health practitioners under the Act, and the establishment of a ...
    2 weeks ago
  • Week That Was: 2,000 teachers in two years
    We began the week by commemorating the New Zealand Wars and celebrating a major increase in the number of teachers. Then, we were busy supporting offenders into work and getting our rail back on track after years of underinvestment. And that's just the start! ...
    3 weeks ago
  • Winning an election one conversation at a time
    In October I was sworn in as the Mayor of Lower Hutt. It’s the privilege of my life to serve Hutt people as their Mayor. There is something really special to be able to serve the community where I was raised, and where I live.   ...
    3 weeks ago

  • APEC 2021 Bill passes first reading
    Foreign Affairs Minister Winston Peters has welcomed the first reading of the Asia Pacific Economic Cooperation 2021 (APEC 2021) Bill in Parliament today. The temporary bill supports New Zealand’s security preparations for hosting the Asia Pacific Economic Cooperation (APEC) Forum in 2021. “APEC is the leading economic and trade forum ...
    BeehiveBy beehive.govt.nz
    16 hours ago
  • Making progress for our kids
    The Government is making progress on improving the wellbeing of the one million New Zealanders under the age of 18,” Prime Minister Jacinda Ardern said on World Children’s Day. The Government has today recommitted to the most widely ratified human rights treaty in history – the United Nation’s Convention on ...
    BeehiveBy beehive.govt.nz
    21 hours ago
  • Māori women in business contribute to our economy, whānau and communities
    Minister for Women Julie Anne Genter has released a new report celebrating the contribution of Māori women in business across Aotearoa New Zealand. “Māori women are leaders in our communities, they employ many people and support our economy and our communities,” Julie Anne Genter said. The report, Ngā wāhine kaipakihi: ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • Two schools on the way for Omokoroa
    Four parcels of land have been bought in Omokoroa, in the Western Bay of Plenty District, for an education facility that will accommodate both a primary and secondary school on a campus-like facility, Education Minister Chris Hipkins said today. Two parcels were acquired from private land owners and two were ...
    BeehiveBy beehive.govt.nz
    23 hours ago
  • Families Package helps over 1 million New Zealanders in first year
    1 million New Zealanders warmed by the Winter Energy Payment 36,000 families bank the Best Start Payment in first year 6,000 more families received the Family Tax Credit, 220,600 in total   They receive an increase too – from an average of $117 to $157 a week for Inland Revenue clients, ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Clamp down on wheel clamping passes third reading
    New rules to clamp down on overzealous wheel clamping and extortionate fees charged in order to release a vehicle have passed their final stage in Parliament today. The Land Transport (Wheel Clamping) Amendment Bill has now passed its third reading. “These changes mean $100 will be the maximum wheel clamping ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Mental Health and Wellbeing Commission Bill passes first hurdle
    An independent Mental Health and Wellbeing Commission is a step closer after it unanimously passed its first vote in Parliament today.  The Mental Health and Wellbeing Commission Bill lays the groundwork for establishing the Commission as a fully independent crown entity – delivering on a key recommendation of He Ara ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Boosting border security with electronic travel authority – now over 500,000 issued
    We’ve improved border security with the NZeTA, New Zealand Electronic Travel Authority, which helps us to screen travellers for border and immigration risks off-shore before they travel to New Zealand. It was launched in August and became mandatory on 1 October 2019. More than 500,000 NZeTAs have been issued since ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Plan of action to protect seabirds
    A proposed national plan of action to reduce the number of seabirds caught in fisheries is being circulated for public feedback. Fisheries Minister Stuart Nash and Conservation Minister Eugenie Sage say New Zealand is a global centre of seabird diversity with about 145 species in our waters. It has more ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • National interest test added to overseas investment rules
    The Government is delivering on its promise to protect New Zealanders’ interests by applying a new national interest test to the sales of our most sensitive and high risk assets to overseas buyers. Associate Finance Minister David Parker said under current Overseas Investment Act rules, assets such as ports and ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • New housing part of support for Kaumātua
    The Government is building special housing to accommodate one of Aotearoa’s greatest taonga- our kaumātua, says the Minister for Māori Development, Hon Nanaia Mahuta.  Speaking at a National Kaumātua Service Providers Conference in Rotorua today, the Minister reinforced the importance kaumātua play in maintaining and passing on mātauranga Māori, knowledge, ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Forestry helps prisoners into jobs
    Eleven men from a pilot forestry training programme for prisoners in Northland now have full time jobs or job offers upon release, Corrections Minister Kelvin Davis and Forestry Minister Shane Jones announced today. The ‘release to work’ programme was a collaboration between Te Uru Rākau and the Department of Corrections, ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Reform of public service a step closer
    Minister of State Services Chris Hipkins today introduced into Parliament a Bill that will make it easier for the public service to tackle the biggest challenges facing Governments. The Bill represents the most significant change in the public service in 30 years. The State Sector Act 1988 will be repealed ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Donations scheme to relieve pressure on families
    The families of more than 416,000 students will be better off next year as their schools have signed up to the Government’s donations scheme, Education Minister Chris Hipkins said today. The scheme will see almost $62.5 million in additional Government funding go to schools nationwide next year. “I’m really pleased ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Further support for Samoan measles outbreak
    Foreign Affairs Minister Winston Peters has announced further support as the Government of Samoa responds to a serious measles outbreak. “New Zealand will deploy a further 18 vaccination nurses, bringing the total to 30 working in Samoa over the next four weeks,” Mr Peters said. “A New Zealand Medical Assistance ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Speech to the Child Poverty Action Group 2019 Summit
      Fa’atalofa atu, malo e lelei, Kia ora koutou katoa Thank you to the Child Poverty Action Group for asking me to be here today to provide an update on some of the things that have been happening across my the social development portfolio.  Can I firstly acknowledge the vast ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Speech to the New Zealand Thoroughbred Racing Annual Conference
    ***Please check against delivery*** Good morning everyone. It is a pleasure to be with you this morning to open this year’s New Zealand Thoroughbred Racing Conference and AGM. Firstly, thank you Dr Alan Jackson, NZTR Chair for your introduction. And let us acknowledge also: The NZTR Board; Dean McKenzie, Chair ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Fairer rules for tenants and landlords
    The Government has delivered on its promise to the over one million New Zealanders who now rent to make it fairer and more secure, Associate Minister of Housing (Public Housing) Kris Faafoi has announced today. Both renters and landlords will benefit from the suite of practical changes to the Residential ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Two decades of marine protection celebrated at Te Tapuwae o Rongokako in Tairawhiti
    A marine conservation milestone - the 20th anniversary of the establishment of Te Tapuwae o Rongokako Marine Reserve - is being celebrated today at a community event in Tairāwhiti/East Coast attended by the Minister of Conservation, Eugenie Sage. “The creation of this marine reserve in November 1999 was a game ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Food industry asked to step up fight against obesity
         The Government is asking the food industry to step up work to tackle obesity including reducing sugar, fat and salt in their products, better information for consumers, and tighter restrictions on advertising to children. Health Minister David Clark and Food Safety Minister Damien O’Connor have responded to a ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Modern emergency care for Queenstown area
    ew, modern emergency department and outpatient facilities at Queenstown’s Lakes District Hospital mean better emergency care for the growing tourist mecca’s visitors and locals, says Health Minister David Clark. Today Dr Clark officially opened the hospital’s redeveloped Emergency Department and Outpatient facilities. The new facilities include: •    An extended Emergency Department ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Contraception important for New Zealanders
    Associate Health Minister Julie Anne Genter says today’s release of sexual and reproductive health data reinforces the significance of the Government’s commitment to providing free or very low-cost contraception. The Ministry of Health today published statistics from the Ministry of Health’s 2014/15 Health Survey. “It is important people can make ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • NZ medical staff and measles vaccines going to Samoa
    Foreign Minister Winston Peters has announced that at the request of the Samoan Government, New Zealand will be providing further support to Samoa as it faces a worsening measles outbreak. “In response to a request from the people of Samoa, New Zealand is providing 3000 measles, mumps and rubella (MMR) ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Disability Action Plan 2019 – 2023
    “The new Disability Action Plan 2019–2023 moves us towards the inclusive and accessible New Zealand that this government has committed to,” Minister for Disability Issues Carmel Sepuloni announced today.  “The Action Plan was designed by disabled people, their family and supporters, the disability sector and government agencies. It will ensure ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Joint Statement – Third Singapore-New Zealand Defence Ministers’ Meeting
    Third Singapore-New Zealand Defence Ministers’ Meeting 14 November 2019 Joint Statement 1. Defence Ministers Ron Mark and Dr Ng Eng Hen today conducted their third annual Singapore-New Zealand Defence Ministers’ Meeting in Singapore. 2. Building on the Enhanced Partnership signed between both countries in May this year, this annual meeting ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Sexual Violence Legislation Bill has its first reading
    A Bill to improve the court system’s response to sexual violence has passed its first reading in Parliament today. Justice Minister Andrew Little says the Sexual Violence Legislation Bill will reduce the trauma sexual violence complainants experience in court, while maintaining defendants’ fundamental rights and making sure the trial process ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Streamlined business invoicing a step closer
    Streamlined payment practices are a step closer for Kiwi businesses with the formal launch of New Zealand’s e-Invoicing framework. Small Business Minister Stuart Nash says the government has now established the structure to enable automated and direct data exchange between the accounting systems of buyers and sellers. “The move to ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • More frontline biosecurity officers protecting NZ
    Another 51 quarantine officers and four new biosecurity detector dog teams will help protect New Zealand from invasive pests and diseases this summer, says Biosecurity Minister Damien O’Connor. “The Government is delivering on its commitment to strengthen New Zealand’s biosecurity system and support our valuable primary sector “New Zealand’s flora, fauna ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • NZ space economy worth $1.69 billion
    A new report has found New Zealand’s space sector contributed $1.69 billion to the economy in the last financial year and employs 12,000 people, Minister for Economic Development Phil Twyford announced today. The report by Deloitte was commissioned by the Ministry of Business, Innovation and Employment and shows New Zealand ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • New Chair for Royal Commission into Abuse
    Judge Coral Shaw has been appointed as the new Chair of the Royal Commission into Historical Abuse in State Care and in the Care of Faith-based Institutions, Internal Affairs Minister Tracey Martin announced today. "Judge Shaw, who is currently one of the inquiry commissioners, is extremely well qualified for the ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Better mental health facilities for Palmerston North
    The Government has confirmed its third major mental health facility upgrade since the Budget, this time at Palmerston North Hospital. The Prime Minister and Health Minister today visited MidCentral DHB to announce that $30 million has been allocated to upgrade its acute mental health facility. It follows earlier announcements in ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Bowel Screening hits halfway point
    The roll out of the National Bowel Screening Programme has reached the halfway mark, with 10 out of 20 District Health Boards now part of the programme. MidCentral DHB, which covers Palmerston North, Manawatu and surrounding districts, this week became the latest to DHB to offer free bowel screening to ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • More vaccines for meningococcal disease
    The Government welcomes PHARMAC’s decision to fund a vaccine to protect young people from meningococcal disease from 1 December this year. “Meningococcal disease is a serious threat which people at higher risk should be protected from,” says Associate Health Minister Julie Anne Genter. “The combined pharmaceutical budget was increased by ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Fisheries innovation projects supported
    Groups involved with innovative fisheries research projects are encouraged to apply for government support in the latest funding round from the Sustainable Food and Fibre Futures programme. Fisheries Minister Stuart Nash says the SFF Futures funding is designed to be flexible enough to support small or large projects across a ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government fixes culturally arranged marriage visa issue
    The Government has fixed an issue affecting how Immigration New Zealand has processed visa applications for culturally arranged marriages, which will now see a consistent process applied which ensures people with legitimate arranged marriages can visit New Zealand while also preventing any rorting of the system. Earlier this year Immigration ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Extension for Royal Commission into Mosque attacks
    The Royal Commission into the Attacks on Christchurch Mosques will report back on 30 April 2020 to give it more time to hear submissions and consider information, Internal Affairs Minister Tracey Martin announced today. The Royal Commission was originally scheduled to report back to Government by 10 December 2019. “There has ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Terrorism and Trade on agenda as Foreign Minister visits the United States
    Foreign Minister Winston Peters will travel to Washington DC today to attend a ministerial meeting focused on defeating ISIS, and to continue pursuing New Zealand’s trade opportunities. Mr Peters will participate in a meeting of Foreign and Defence Ministers from key countries contributing to the Global Coalition to Defeat ISIS. ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Hoiho get extra support alongside 168 community conservation groups backing nature
    The recently crowned Bird of the Year, the hoiho/yellow eyed penguin, is getting a much needed helping hand alongside more than 168 other community conservation projects announced Minister for Conservation Eugenie Sage today. 168 community conservation projects throughout New Zealand are benefiting from $8 million in government grants, including $500,000 ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New safety measures for modified pistols
    Controls on assault rifles and semi-automatic firearms are to be broadened to include some types of pistols, under changes to a bill currently making its way through Parliament. Police Minister Stuart Nash has tabled a Supplementary Order Paper to the Arms Legislation Bill, which is currently before a Select Committee ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Minister of Defence to visit Singapore and Thailand
    Minister of Defence Ron Mark will travel to Singapore today to conduct a counterpart visit and to co-chair the third annual Singapore-New Zealand Defence Ministers’ Meeting with his counterpart, Minister for Defence Dr Ng Eng Hen. “Singapore is one of our most important defence partners in the region, and our ...
    BeehiveBy beehive.govt.nz
    1 week ago