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NRT: National’s hand-wringing on housing
Written By: - Date published: 4:12 pm, April 23rd, 2015 - 20 comments
Auckland house prices have exploded again. Houses get more capital gains than their inhabitants do in salaries. So what is the government doing about it? Nothing. They haven’t tried the economic basics.. Capital gains tax to decrease demand, or a building programme to increase supply. Meanwhile National’s landlord MPs laughing all the way to the bank…
Housing and capital gains tax
Written By: - Date published: 10:02 am, April 18th, 2015 - 91 comments
This week the Reserve Bank recommended adopting the Labour / Green capital gains tax, the National party denied and dithered, and Don Brash explained the truth about the property bubble.
(Image credit Foxy.)
Deborah Russell: does New Zealand actually have a capital gains tax?
Written By: - Date published: 2:00 pm, April 17th, 2015 - 65 comments
A guest post by Deborah Russell responding to Government claims that we already have a capital gains tax on the sale of land.
Thoughts from the crowd on Tuesday night’s debate
Written By: - Date published: 7:50 am, September 4th, 2014 - 51 comments
I was in the front row of the audience at the Press leader’s debate between David Cunliffe and John Key. While the media in Auckland and Wellington might have called it one way, the people in Christchurch were only presented with one leader who understands the issues in this city, and it wasn’t the Prime Minister.
Parker nails English on economic policy
Written By: - Date published: 2:25 pm, August 25th, 2014 - 32 comments
Labour has the bold set of policies to take New Zealand forward into the 21st century – National’s “same old same old” tinkering will see the Kiwi skiff swamped. That was the clear conclusion from the debate between David Parker and Bill English on National Radio this morning.
Polity: MSD dumps on National’s “net tax” nonsense
Written By: - Date published: 3:33 pm, July 10th, 2014 - 47 comments
Rob Salmond has been looking through the newly released Ministry of Social Development’s Household Incomes Report. It really is invaluable.
NRT: Who’d have thunk it?
Written By: - Date published: 2:23 pm, June 27th, 2014 - 60 comments
Capital gains tax is now accepted by a more people than who oppose it. But for a policy long considered a “third rail” of New Zealand politics, its a significant shift. It ought to put paid forever to the idea that parties must go with the flow of public opinion because they are unable to affect it. Weak parties are. But if Labour stops being scared of its own shadow and afraid of its left-wing heritage, it can actually change things, and build the majorities it needs to govern.
This is how it’s done
Written By: - Date published: 11:56 am, October 15th, 2013 - 37 comments
This morning Cunliffe shows how to front the media on current issues, and respond to journalists questions clearly and decisively while being informed on the issues. Questions about Kōhanga Reo National Trust, US government debt crisis, affordable housing, need better skills training, Euthanasia Bill.
Housing: the options, the new left narrative?
Written By: - Date published: 11:07 am, September 13th, 2013 - 75 comments
The response to Metiria Turei’s sttements about affordable housing on The Vote, raises questions about political narratives are told to the general electorate? The Greens, Mana and Cunliffe have stressed their “vision“. How to tell it so it reaches the hearts of New Zealanders?
Ode to Phil Twyford
Written By: - Date published: 6:08 am, June 6th, 2013 - 24 comments
I was impressed by Phil Twyford’s analysis of the Government’s housing policies announced in the budget. I thought his best point was that only this Government could announce a housing affordability policy with the eviction of 3000 state housing tenants as its centre piece!
It’s not us: it’s the big banks
Written By: - Date published: 10:01 am, April 29th, 2013 - 31 comments
MSM articles show the big Aussie banks are making record profits, Kiwis can save, and Adam Smith worshiping think tanks are not to be trusted. Cunliffe & Norman said it a while back – NAct policies and government spending cuts are not the answer.
Why Doug Heffernan wants you to keep paying too much for power
Written By: - Date published: 7:32 am, April 29th, 2013 - 52 comments
John Key has committed to giving up the National Party’s leadership if he loses the next election. That didn’t stop him from committing the next National Government from reversing NZ Power and putting up electricity prices whenever it comes to power . It got me thinking about the people who are so keen to kill NZ Power in its cradle and why. Today: MRP CEO Doug Heffernan.
Dumping on Dunne’s taxes
Written By: - Date published: 9:48 am, March 20th, 2013 - 13 comments
The Nats are in trouble with their budget deficits and looking to raise money via increased taxes. But they are tinkering at the edges of the problem, and were quick to chuck Peter Dunne under the bus when the latest proposals didn’t fly.
Akl Unitary Plan: the good, the bad & the debatable
Written By: - Date published: 10:44 am, March 17th, 2013 - 39 comments
The Draft Auckland Unitary Plan has much to commend it. It focuses on resource management, responds to the reality of climate change & aims for a more dense but ‘liveable’ city. It has weaknesses, embraces destructive “growth” and raises questions: e.g. about affordable housing & environmental management.
“Minister for Small Things”
Written By: - Date published: 9:37 am, March 1st, 2013 - 51 comments
Yesterday, David Cunliffe,on Peter Dunne’s Student Loan Amendment Bill, & the related inter-generational swindle, labelled Dunne as “Minister for Small Changes” & “for Small Things”. Dunne further showed his support of the “neoliberal” swindle, with a couple of tweets on non-residents buying NZ property, smearing the Greens as racist.
Hands on Labour
Written By: - Date published: 9:51 pm, August 16th, 2012 - 32 comments
Fresh ideas to grow a stronger manufacturing sector, on top of the major changes Labour has already signalled featured in a speech given today by David Parker to a union audience in Wellington. David Cunliffe was there too, and I particularly liked the discussion afterwards. The key players are receptive to good ideas and it looks like Labour will have a real alternative to offer at the next election.
CGT Now!
Written By: - Date published: 10:45 am, June 5th, 2012 - 32 comments
The “tradeable” sector is still shrinking. The property market is heating up again. We need a capital gains tax now.
House Price Inflation
Written By: - Date published: 10:58 am, May 6th, 2012 - 59 comments
Land prices rising much faster than wages. Shares, derivatives, hedge funds or other financial instruments are designed so that banks can gamble with our money. Win or lose they always get a cut. Loss comes out of our pensions and other savings. Or, if they really stuff it up, taxpayers are expected to borrow more from them to pay for it. Banks following their own self interest and are compounding economies to oblivion. The “invisible hand” has failed..
NZ must introduce a capital gains tax, sooner or later
Written By: - Date published: 12:41 pm, September 2nd, 2011 - 29 comments
The wealthy elite in Europe are now joining Warren Buffett in these calls for higher taxes for the rich (including CGT), why? Maybe it’s because they know the truth, they know that the world is likely to enter another global recession, and they know the risk this will bring to social cohesion, which they rely on for maintaining the lifestyle they enjoy.
Buffett calls for rich to stop class war
Written By: - Date published: 2:04 pm, August 16th, 2011 - 53 comments
Today Warren Buffett, the third wealthiest man in the world, has come out demanding his mega-rich friends play a part in the American economic recovery. He is recognised as one of the smartest and most successful investors alive, his words should not be dismissed lightly, especially as we approach our own election and grapple with the issue of tax reform.
Steven Joyce strikes out
Written By: - Date published: 11:45 am, July 19th, 2011 - 21 comments
Associate Finance Minister Steven Joyce has dealt his government’s economic credibility a serious blow by attacking Labour’s costings of its fiscal plan and getting his own numbers wrong. David Cunliffe looks to be enjoying himself as he rips Joyce apart on Red Alert, in the Herald, and in the Dom. So much for Joyce’s dreams of succeeding English as Finance Minister.
Bad poll but not for CGT
Written By: - Date published: 6:29 am, July 18th, 2011 - 138 comments
The latest ONE News / Colmar Brunton poll is bad for Labour, and not great for the Left. But it isn’t a verdict on Labour’s CGT proposal – the polling period finished before the policy was announced.
Apparently the undecided in this poll was 14%. I wonder why that was missed out of the reporting?
Imperator Fish: Why CGT will kill us all
Written By: - Date published: 12:55 pm, July 17th, 2011 - 33 comments
The 90% of New Zealanders who don’t trade shares or own a second property suddenly wake up to the horror of a capital gains tax
Were NACTs planning CGT themselves?
Written By: - Date published: 4:15 pm, July 16th, 2011 - 113 comments
After two weeks of contradictory, panicked lines from National, the Right’s official critique of Labour’s CGT is “it’s a hodge-podge”. The Right, including Bill English and Don Brash, aren’t saying CGT is bad, they’re saying Labour’s CGT isn’t comprehensive enough. Why, then, don’t they campaign on a more comprehensive one? Maybe they were going to.
Game theory
Written By: - Date published: 9:08 am, July 16th, 2011 - 15 comments
In a comment yesterday on Eddie’s post ‘CGT or asset sales? Which do you prefer?‘, Matthew Hooton wrote “Where do I tick “I want both”?” Except for Nat sycophants, most righties acknowledge the need for a CGT. What should they do? Well, a little game theory shows that such a rightie should vote for a Labour-led government, this one time.
Labour vs National on economic vision
Written By: - Date published: 12:00 pm, July 15th, 2011 - 34 comments
At the same time as Phil Goff and David Cunliffe were unveiling Labour’s economic vision, Bill English was defending National’s in Parliament.
Reaction to Labour tax package
Written By: - Date published: 9:32 am, July 15th, 2011 - 179 comments
The media have provided us with five people examples of people who will be affected in different ways by Labour’s tax package. Ordinary families win big and they know it. The vested interests moan and reveal the pure greed that underlies their worldview. Frankly, I think Labour will win support due to both who supports and who opposes its tax policy.
The politics of greed
Written By: - Date published: 7:15 am, July 15th, 2011 - 84 comments
In response to Labour’s tax proposals the Right is trotting out their favourite mindless catch phrase – “the politics of envy”. Should the Left fight fire with fire, and get stuck in to “the politics of greed”?
Don Brash: Hypocrite on CGT
Written By: - Date published: 4:05 pm, July 14th, 2011 - 17 comments
It would appear that Don Brash has ideals – and when politically required, he has other ideals.
In fact he has so many ideals that his viewpoint on a Capital Gains Tax appears to veer all over the political landscape especially in his latest press release on CGT. At a guess his only real objection to a CGT is that he is not the person proposing it.
Labour tax announcement coverage
Written By: - Date published: 2:25 pm, July 14th, 2011 - 139 comments
Voters will see Labour oppositions on both sides of the world in a completely new light after this week. Phil Goff and Ed Miliband both took the bold step of taking on hitherto untouchable third-rail issues; capital gains tax in New Zealand and Rupert Murdoch’s pernicious monopoly media influence in England. Both leaders have turned the political landscape upside down and given voters a clear choice between the interests of the many and of the few. Go here for all the details. New Zealand is not for sale – game on for November!
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Source: The Conversation (Au and NZ) – By Daniel Angus, Professor of Digital Communication, Director of QUT Digital Media Research Centre, Queensland University of Technology Ron Lach/Pexels The federal government today introduced into parliament legislation for its social media ban for people under 16 years. Communications Minister Michelle ...2 days ago
- Archives NZ, National Library to cut 27 roles
The Department of Internal Affairs wants to bring the two organisations under the joint leadership of the Chief Archivist and National Librarian. ...2 days ago - Gang patch ban: Members warn of potential for violence to ‘erupt’ as new laws enforced
"I can't see this lasting unless they have a budget to lock fullas up in jail which I think is absolutely stupid, really it's ludicrous," Ngavii Pekapo, who set up a Mongrel Mob chapter 54 years ago, says. ...2 days ago
- ACT leader David Seymour raises doubts about Waikato medical school
Government documents show ACT leader David Seymour told the government he was "dissatisfied" with a cost-benefit analysis. ...2 days ago
- National’s Erica Stanford allegedly calls Labour’s Jan Tinetti a ‘stupid bitchR...
The Education Minister has apologised in Parliament for her remark. ...2 days ago
- Labour backs new Police Commissioner – but warns against routine arming
The alternative to policing by consent would be a police state, which New Zealanders don't want, the party says. ...2 days ago
- Youth on boot camp pilot re-offended five weeks after release
Children's Minister Karen Chhour said while it was disappointing, it would naïve to think none of the participants would lapse. ...3 days ago
- In photos: People of the hīkoi, and why they marched
Hikoi mō Te Tiriti has come to an end, going down in history as the largest march to Parliament in Aotearoa. ...3 days ago
- ‘Everything is becoming a culture war’: Jon Ronson on conspiracies and cycleways
Ahead of his appearance in Aotearoa, the acclaimed British journalist, podcaster and documentarian talks to Stewart Sowman-Lund about why people are still fascinated by the fringes. The last place I would expect to find Jon Ronson is relaxing in the countryside. The iconic British journalist and writer is best known ...3 days ago - Kia kaha Lebanon: NZ media only tell half your story of struggle
The United States has vetoed a UN Security Council ceasefire resolution — for the fourth time — in Israel’s war on Gaza, while Hezbollah demands a complete ceasefire and “protection of Lebanon’s sovereignty” in any deal with Israel. Amid the death and devastation, Joe Hendren reflects on his time in ...3 days ago
- ‘Deserves a Bafta’: After the Party premieres in the UK to five-star reviews
The acclaimed New Zealand drama has just premiered on TV in the United Kingdom, and the five-star reviews are already flowing in. Six months after it was called a “blistering” “tour de force” by Australian critics, and nearly a year since The Spinoff declared it the best drama New Zealand ...3 days ago
- Drugs are getting cheaper and easier to find in Aotearoa
New Zealanders are drinking and smoking less, but most other recreational drugs are becoming cheaper, more popular and more available, two new reports show. Two significant new surveys about drugs in Aotearoa were released this week, offering a rare insight into New Zealanders’ choice of substances, which ones are becoming ...3 days ago
- COP29: ‘climate finance’ for the Pacific is mostly loans, saddling small island nations with mor...
Source: The Conversation (Au and NZ) – By Steven Ratuva, Director, Macmillan Brown Centre for Pacific Studies, University of Canterbury Lenora Qereqeretabua, the deputy speaker of Fiji’s Parliament, at the COP29 climate summit. IISD/ENB/Mike Muzurakis, CC BY-SA As this year’s UN climate summit reaches its final stage of negotiations, Pacific ...3 days ago
- Review: The magic of Wicked and the curse of corporate greed
The new movie musical is undoubtedly a fun watch, but it’s also proof that bigger isn’t always better, writes Stewart Sowman-Lund. Contains minor spoilers for Wicked. There’s no doubt that Wicked is going to be huge. No other pop culture event this year, save from maybe Charli XCX’s Brat, has ...3 days ago
- Dame Jacinda Ardern to be given United Nations leadership award
She will get the champion for global change award from the United Nations Foundation at a ceremony in New York tomorrow. ...3 days ago
- NZ will resume live animal exports – to low demand
Analysis: NZ is lifting what was supposed to be a permanent ban on live animal exports. But it’s not the lucrative industry it once was. The post NZ will resume live animal exports – to low demand appeared first on Newsroom. ...3 days ago - Financial forms of family violence affect one in seven of us – but the law is lagging
There are calls for New Zealand’s Family Violence Act to name economic harm as a standalone type of violence, rather than a subcategory of psychological abuse, to bring it in line with the United Kingdom and Australia. Economic harm – restricting access to, sabotaging or exploiting another person’s financial resources, ...3 days ago
- Downside Risks To Treasury’s Economic And Fiscal Forecasts
New Zealand is currently running a structural fiscal deficit, with expenditure exceeding revenue. Economic growth falling short of expectations has been making it harder for the Government to bring the books back into balance. ...3 days ago - Science continues to exclude Indigenous communities. Fixing this benefits everyone
Source: The Conversation (Au and NZ) – By Jordan Peter Anthony Pitt, Associate Dean of Indigenous Strategy and Services (Faculty of Science), University of Sydney An enduring challenge facing science around the world is how to best include and engage Indigenous communities. In Australia, for example, 0.5% of Indigenous ...3 days ago
- Why is cricket so popular on the Indian sub-continent?
Source: The Conversation (Au and NZ) – By Vaughan Cruickshank, Senior Lecturer in Health and Physical Education, University of Tasmania Cricket originated in England, but has been spread worldwide by British soldiers and settlers in the past few hundred years. It is now the second most popular sport in ...3 days ago
- Disinformation and deepfakes played a part in the US election. Australia should expect the same
Source: The Conversation (Au and NZ) – By Renee Barnes, Associate professor of Journalism, University of the Sunshine Coast Mladen Zivkovic/Shutterstock As America takes stock after Donald Trump’s re-election to the presidency, it’s worth highlighting the AI-generated fake photos, videos and audio shared during the campaign. A slew ...3 days ago
- Is thunderstorm asthma becoming more common?
Source: The Conversation (Au and NZ) – By Kira Morgan Hughes, PhD Candidate in Allergy and Asthma, School of Life and Environmental Sciences, Deakin University When spring arrives, so do warnings about thunderstorm asthma. But a decade ago, most of us hadn’t heard of it. So where did thunderstorm asthma ...3 days ago
- Overwhelmed by ever more clothing donations, charities are exporting the problem. Local governments ...
Source: The Conversation (Au and NZ) – By Yassie Samie, Postdoctoral Researcher in Fashion and Textiles, RMIT University anna.spoka/Shutterstock What happens to your clothes after you don’t want them any more? Chances are, you will donate them to op shops run by a charity organisation. There are more ...3 days ago
- Friendly fire: a nuclear push by allies at COP29 poses a sticky problem for Albanese
Source: The Conversation (Au and NZ) – By John Quiggin, Professor, School of Economics, The University of Queensland IndustryAndTravel/Shutterstock Prime Minister Anthony Albanese didn’t see this coming. At the global COP29 climate talks in Baku, the Australian government was indirectly criticised by two allies, the United States and the ...3 days ago
- Nugget Is Dead brings queer love, multiculturalism and Aussie flair to the Christmas movie formula
Source: The Conversation (Au and NZ) – By Phoebe Hart, Associate Professor, Film Screen & Animation, Queensland University of Technology Julia Firak Stan’s new Christmas film Nugget is Dead is a colourful production that follows the rules of the seasonal genre film to a tee – with an Aussie ...3 days ago
- Help Me Hera: Should I cut contact with my ex-stepdad?
My parents are finally getting divorced. So why do I feel like my stepdad’s feelings are still my problem? Want Hera’s help? Email your problem to helpme@thespinoff.co.nz Dear Hera My parents recently announced their separation. This in itself isn’t a problem. I’ve already gone through this once before in my early childhood, so ...3 days ago
- New Zealand Drops In Global Ranking On Climate Action
If the government won’t hold polluters to account, then people will. People are increasingly taking to the streets and the courtrooms, putting their bodies on the line to shut down polluting industries. This will only escalate further unless New ...3 days ago
- Government’s fiscal policy dragging out recession, economists say
Slashing the budget deficit and reducing public debt are making matters worse for households and businesses, they say. ...3 days ago
- Mongrel Mob member charged 3 minutes after patch ban begins
The new gang patch law came into force at midnight. The first person under the ban was caught at 12.03am. ...3 days ago
- Spending Cuts Need To Stop – PSA Urges Govt To Listen To Economists
The economists, drawn from universities, unions and the private sector, are calling on the Government to urgently revisit its fiscal policy stating the economic rationale for spending cuts and deferral of key infrastructure projects was ‘unclear’. ...3 days ago
- Government proposes law change on name suppression for sex offenders
Convicted adult sex offenders would not get permanent name suppression unless the victim agreed to it, the justice minister says. ...3 days ago
- Insufficient data on restraint and seclusion of children in Oranga Tamariki facilities, watchdogs sa...
The Independent Children's Monitor says it cannot determine if there have been improvements since a 2020 report found both practices were used inappropriately. ...3 days ago
- No mental wellbeing priority in government’s latest child strategy
Mental well-being has been removed as a standalone priority in the government's latest Child and Youth Well-being Strategy - despite officials warning against this earlier in the year. ...3 days ago
- ‘Enforcement action taken’ hours after gang patch ban comes into effect
The Police Minister says gang members in the Hawke's Bay came out at midnight to challenge the law. ...3 days ago
- ‘The deal sucks’: MPs question Tauranga marine precinct sale
Two MPs in Tauranga are calling for the Auditor-General to investigate the sale of the city's marine precinct, which one believes is a "really bad deal for Tauranga". ...3 days ago
- Will banning gang patches actually make New Zealand safer?
Gang members say it will create more problems, but the government argues it’s about improving public safety, explains Stewart Sowman-Lund for The Bulletin. To receive The Bulletin in full each weekday, sign up here. ...3 days ago
- Gang patch ban: ‘Subtle adaptations’ of insignia already being seen
Gang members are already changing their insignia to get around the law that came into effect overnight. ...3 days ago
- Bootcamp bill to have first reading before verdict on 10-boy pilot project
The Govt’s bootcamp bill will have its first reading on Thursday, ahead of a final evaluation of the controversial pilot programme. The post Bootcamp bill to have first reading before verdict on 10-boy pilot project appeared first on Newsroom. ...3 days ago
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