Good news for landlords

Written By: - Date published: 7:19 am, May 28th, 2017 - 141 comments
Categories: budget 2017, class war, Economy, Steven Joyce - Tags:

Property Investment NZ Advisors and Troubleshooters Newland Burling and Co sum up the advantage to landlords of the budget,

GOOD NEWS FOR LANDLORDS-RENTAL SUPPLEMENTS INCREASED
( Budget 2017: The increase in rental supplements will be good news as landlords and investors feel the pinch between sluggish rental income and increasing outgoings such as rates, insurance and repairs.
The average investor is lucky to get a net 2% return on their residential investment so this move in the Budget will go some way towards redressing the imbalance. The supplement payments will be boosted from $145 to $165 for one person rentals, a two-person household from $160 to $235 and a three-plus-person from $225 to $305 per week. It is still nowhere near enough, but a good step in the right direction.)

Budget advisor extraordinaire, Stephen Joyce, said the government would keep a ‘close eye’  on how the market responded. Woo hoo, Stephen, over there.

141 comments on “Good news for landlords ”

  1. Carolyn_nth 1

    Where’s the Tax Payers’ Union when we need them?

    • One Anonymous Bloke 1.1

      Taking one for the team.

    • Adrian Thornton 1.2

      More importantly, where is a Labour Party when you need them?

      • Enough is Enough 1.2.1

        +100

      • Nick 1.2.2

        There is one and only one solution for rental price/availability. Even more so than houses for sale, which can be left empty.

        That solution is SUPPLY.

        No increase in Accommodation supplement will not be grabbed by landlords. No rent control will not reduce numbers.

        Build, baby build.

        But build RENTALS as top priority.
        Labour MUST come to the party.
        Or….what does Winston think?
        Is he the invisible roadblock, or part of the solution?

  2. BM 2

    I agree the Accommodation Supplement is a crock of shit.

    What the answer is I do not know.
    If you stop the Accommodation Supplement lots of people end up on the street. but then again you can’t have the taxpayer being endlessly used and abused by money driven landlords.

    The only long term solution is probably to make being a residential property investor as unattractive as possible.

    • Andre 2.1

      “The only long term solution is probably to make being a residential property investor as unattractive as possible.”

      Making other investments in New Zealand less unattractive would also help. Personally, I’m comfortable with my investments in the US sharemarket, apart from having to deal with Cullen’s Foreign Investment Fund rules. But every time I look at alternatives to property in NZ, it just looks like jumping into a viper pit.

    • Cricklewood 2.2

      Few things would help.
      Increase security of tenure for tennants who hold up their end of the bargain in terms of rent etc so its harder to kick someone out increase the rent and re Tennant.
      Have a proper cgt.
      Build a heap of govt housing to increase supply.

    • One Anonymous Bloke 2.3

      You reckon there’s no alternative, but why on Earth would anyone listen to a right winger’s reckons as opposed to seeing how it’s done by successful policies in other countries first?

      Germany, for example.

      No-one expects you to have a clue what to do; you’ve had nine years. Get out of the way.

      • BM 2.3.1

        I have no idea why they let you endlessly come in and shit all over threads and start flame wars.?

        Really chap, why the need to be an obnoxious wanker all the time? do you get off on it or something?

        • weka 2.3.1.1

          He, and anyone else, get away with it to the extent that they make a political point (the robust debate principle). Ignore the abuse and focus on the point in his comment. Or you can ignore him entirely (other people responded to your comment, you can reply to those instead).

          • North 2.3.1.1.1

            BM @ 2 above – “……but then again you can’t have the taxpayer being endlessly used and abused by money driven landlords.”

            BM…….you do realise you’re giving ACT and a good proportion of the National Party a bad case of the shits ?

            • BM 2.3.1.1.1.1

              If you own a rental property you’re running a business.

              It’s not the taxpayer’s job to prop up private business.

              • weka

                So you’re in favour of state controls to make things more fair?

                • BM

                  Might be the only option at the moment, if you’re getting taxpayer handouts it should come with conditions.

                  If rent freezes are the most effective measure to stop the taxpayer from being tucked, rent freezes it is.

                  • One Anonymous Bloke

                    Is anyone proposing a rent freeze?

                    Shift the standard tenancy conditions towards more secure and predictable tenure arrangements. The Greens.

                    Lifting low wages by moving the minimum wage to $18 an hour by 2017 and introducing a Living Wage for the core Government sector.

                    They even have a search function.

                    Labour will make Housing New Zealand into a public service rather than an SOE, and will substantially increase the number of state houses. Unlike the current government, Labour will not milk state housing for a dividend, and will end its programme of state house sales.

                    Labour.

                    Nope, I can’t find any rent freeze options mentioned. Bad luck, champ.

                • Adrian Thornton

                  I would say the government giving a 2.2 million per year subsidy to land lords is a pretty overt show of state control to their benefit, so why should non property owners not expect the same level of state controls that would benefit them? that seems fair.

                  • Skyler

                    I stand to be corrected but I had thought the taxpayer was forking out 2 billion annually in accommodation supplements.

              • Draco T Bastard

                It’s not the taxpayer’s job to prop up private business.

                True – so, why does National do it all the friggen time?

        • One Anonymous Bloke 2.3.1.2

          😆

          Your “solution” would make any party that adopted it unelectable. I’m sure that was just a completely innocent mistake on your part 🙄

        • infused 2.3.1.3

          Of course, he does.

    • weka 2.4

      Raise wages, raise benefits, build more houses (private and social), CGT (exclusive family home), etc. It’s not like people haven’t done the work on the solutions. Put those things in place and roll back the Bennett welfare reforms, then look at what is to be done about accommodation supplement.

      Might pay to put a rent freeze on for a while too.

      “The only long term solution is probably to make being a residential property investor as unattractive as possible.”

      I think the problem is the greedy end of the spectrum. People who are taking a long term view at steady income aren’t a problem. It’s not my area, but from what I understand the tools are there to do something about it but not the political will.

      • Draco T Bastard 2.4.1

        People who are taking a long term view at steady income aren’t a problem.

        Yes they are as history and research shows.

        It’s not my area, but from what I understand the tools are there to do something about it but not the political will.

        The problem is capitalism and all the tools designed are based around keeping capitalism and thus they won’t work either.

    • greg 2.5

      landlords need tax payer money to support the huge speculative debts they have made in a bubble market
      the fact incomes cant support those positions without massive subsidies the ponzi scheme falls over after 9 years that is a sign of failure congratulations national.

      • BM 2.5.1

        I agree, so many people only got into rentals for capital gain.

        That’s pretty much all dried up and rents would be lucky to cover mortgage payments, this extra accommodation supplement money is a godsend to these landlords, the tenant isn’t going to see any benefit of this money, it will all go in rent increases.

        Back to square one and the cycle repeats.

        • One Anonymous Bloke 2.5.1.1

          [deleted]

          [I really don’t want to spend my Sunday morning checking your comments to see if you are intent on abuse OAB. Please stop and stick to the politics. – weka]

        • Chris 2.5.1.2

          “…the tenant isn’t going to see any benefit of this money, it will all go in rent increases.”

          It’s worse than that. The AS increases mean a reduction in a person’s temporary additional support benefit, often up to 100%. So in many cases an individual’s or family’s income will stay the same, but their rent goes up in the landlord’s belief that the tenant’s income is increasing. The whole system’s fucked.

          http://www.scoop.co.nz/stories/PO1705/S00386/accommodation-supplement-increase-is-a-con-job.htm

          • Bill 2.5.1.2.1

            Yup. So unless you’re already over the TAS limit, then AS increases mean zip.

            If you’re over the limit, then those legit costs that took you over the limit might now get covered – at least in part.

        • infused 2.5.1.3

          No one buys rentals to get net income from rent. It’s 100% about the capital gains.

      • Adrian Thornton 2.5.2

        I agree, the problem stems ultimately from using domestic housing as a form of commodity speculation, wrong on so many levels it is hard to now where to start, but here we are… living in a country where for a large part of the population, the highest ideal is to make money from your fellow citizens through having them give you at lest half of what then earn from their labour every week, just so they have a house to live in….it is a moral and ethical outrage for the whole country that we have sunk to this base level.

    • Nick 2.6

      You build enough houses for rent, the Accommodation Supplement will die from natural attrition and by rents being undercut by affordable rental rates in the newly provided sector.

      You may ultimately get to the same place by building “affordable houses” for sale but, in the meanwhile, people who have no chance of buying will have to bear hyped-up rent rates. And those hyper-rates will be underpinned by the accommodation supplement.

      Without some sort of extra provision, preferably supplemented by a vigorous provincial policy, nothing will change at all.

      And isn’t that, at base, the National Party’s desired outcome?

      • BM 2.6.1

        I’ve mentioned this before, Labours housing policy needs to be about building rentals not building 600k first homes.

        This is the group that needs the help, not people trying to buy their first home

        You push down rental prices and that will lead to a drop in property prices especially at the lower end which is the housing band that first home buyers traditionally enter the market at.

        Build rentals and you help everyone, it just seems obvious to me I just wonder why it’s not obvious to Labour or National?

        • weka 2.6.1.1

          By rentals do you mean HNZ houses? Or private rentals?

          • BM 2.6.1.1.1

            Government owned rentals, so HNZ.

            The government needs to get into a situation where they have the ability to control the market and set prices., to achieve this they need to be building as well as buying existing rentals.

            No doubt this will have a detrimental effect on some residential property investors who will no doubt lose their shirts as prices decline.

            To stop widespread financial carnage HNZ will/should buy the rental of the private investor at an agreed price and that house can then be added to the state stock.

            This way the descent in prices can be better controlled and HNZ can rapidly grow its housing stock until it get’s itself into a position where they become market price setters.

            Once that’s achieved there will be no need for accommodation supplement, first homes will be affordable and more money can be spent in the local economy providing jobs and growth.

            That’s a policy I’d like to see.

            • One Anonymous Bloke 2.6.1.1.1.1

              The government needs to get into a situation where they have the ability to control the market and set prices…

              …and here we go again.

              • Chris

                I thought buying up rentals for the HNZ stock and building houses is what’s needed. I’m surprised a right winger has made the suggestion and is certainly better than selling off the family silver to utterly filthy right wing money grubbing pigs like IHC. Ralph Jones and his band of filthy moneymen giving their mates a hand to get the hell out of the provision of state housing. I’d like to see IHC wound up.

                • One Anonymous Bloke

                  Examining the detailed policy proposals Labour and the Greens have put forward would serve everyone better than BM’s suspiciously extreme position, which he suggests the Left adopts as its own.

            • Chris 2.6.1.1.1.2

              There will always be a need for the accommodation supplement as part of ensuring an adequate safety net. It’s the huge and widespread reliance on it by so many people, and on other benefits like the old special benefit and now the temporary additional support benefit to meet the cost of basic things like accommodation that’s the problem. The incomes of the poorest, usually people who rely on state support of some kind, have become so susceptible to getting upset at the drop of a hat. Whether it’s part time work or changes to the accommodation supplement, the ripple effect is huge.

              • BM

                There will always be a need for the accommodation supplement

                If there is, it will be at a fraction of what the government is forking out now.

                • One Anonymous Bloke

                  Effectively you are suggesting that the government should deliberately crash the rental and housing markets, as opposed to making housing more affordable by raising wages, for example, or adopting less extreme policies, such as the ones that actually have a chance of being implemented come September.

                  Both Labour and the Greens have very detailed policies outlining how they intend to deal with this emergency. Is there a reason you aren’t addressing them before proposing such destructive alternatives?

                • weka

                  Have to agree with OAB on this one BM. Have you even read the Labour or GP policies on housing? You’re coming across as an ignoramus.

                  • BM

                    Labour policy is pie in the sky and won’t achieve shit, haven’t read the Greens or any of the other minor parties policies.

                    • weka

                      I don’t believe you BM. Because you criticised Labour for not building more rentals when that is already in their policy. Good that you acknowledge that the problem is big and can’t be dealt with by National or market forces. But your anti-Labour stance tells me that you would prefer people to suffer than to have a left wing govt.

                    • North

                      Thank You Mr President Petulant Child BM. Get honest BM. You haven’t even read the fucking Labour policy. You’re in your reflexive default position like some Archie Bunker or Alf Garnett. We know you well. You’re a thick old thug when it comes down to it. Trumpish.

                  • One Anonymous Bloke

                    If he’s such an ignoramus, how did he know to pour poison in the well?

            • Craig H 2.6.1.1.1.3

              I would get behind that as a policy.

              Having said that, the Kiwibuild programme helps by converting 100,000 renting families into home owners, which frees up their previous rentals and reduces rental demand.

        • Nick 2.6.1.2

          We agree on that. But more, when it becomes clear that this is the Government intention, slumlords and landlords in lower-cost suburbs will fall over themselves trying to quit their investment, offering a way in for lower-price buyers.

          It’s not too late for the Left to get there. The building programme has to cover many of the bases: top end, for financial input to the plan, lower-price sale items and, especially rental construction.

          As is almost always the case, a good plan is complex and subtle, not bumper-sticker simple. But the bones are always logical and clear.

        • One Anonymous Bloke 2.6.1.3

          Labour’s policy is to increase state housing stock on top of the Kiwibuild program. It took me one search and two clicks to find that out.

          So your entire comment is rendered moot.

          • weka 2.6.1.3.1

            Yeah, that’s what I was thinking too. I don’t think BM has caught up on the fact that both Labour and the Greens have integrated policies, not just for housing but how that intersects with welfare and the economy.

            • One Anonymous Bloke 2.6.1.3.1.1

              Yes. It’s funny how these innocent mistakes relentlessly crop up in every thread BM is involved in. What a waste of everyone’s time.

          • BM 2.6.1.3.2

            Building state housing barely rates a mention compared to building 600k “first homes”

            I went and had another look at the Labour Party housing policy.

            http://www.labour.org.nz/housing

            The only thing on that page regarding state houses was this link

            http://www.labour.org.nz/state_houses_people_over_profit

            One page of waffle and the only mention of building state houses was this one sentence

            Building more state houses and maintaining them properly, rather than selling them off.

            That’s some plan, years of work must have gone into that one 🙄

            • One Anonymous Bloke 2.6.1.3.2.1

              Building more state houses and maintaining them properly, rather than selling them off.

              If only they had a track record of doing exactly that when in office. No, wait…they do have exactly that track record.

              Go poison some other well, you nasty little man.

            • weka 2.6.1.3.2.2

              Actually that along with the other adjunct policies is a really good plan. And you pretty much said as much above. So what I’m seeing is you saying the solution is X, but that Labour’s policy that would use solution X is shit because it’s Labour.

              We know that National won’t do anything useful. I assume you will vote Green now then.

              • BM

                No, I’m saying Labours plan is shit because first home buyers shouldn’t have to pay 500-600k to buy a first home.

                Seriously, 500 -600k for a first home is ludicrous, who is this policy even targeted at?

                Lets be honest average wage kiwis wouldn’t have a shit show of raising that sort of money, even if they did, they’d be in debt to their eyeballs for the next 30 years, how is that good for anyone?

                • One Anonymous Bloke

                  Cheaper than the current Auckland average lower quartile dwelling price.

                  Also note their wages policy.

                  Let’s be honest, you have no intention of being honest, nor of allowing facts to interfere with your bottle of poison.

                • Craig H

                  That’s only in Auckland – outside Auckland, the aim is 350K or less. If it turns out there is limited demand for the houses due to prices, then Labour will have to consider taking a loss on the houses.

                  • BM

                    Correction
                    The taxpayer will take a loss, Labour would be looking at a generational time period in the political wilderness if that situation happens.

                    • Craig H

                      Personally I think it could be sold to the electorate, but the scheme is going to cost some money anyway, it’s just a matter of how much. The savings on the Accommodation Supplement would go a long way toward funding any losses.

      • Draco T Bastard 2.6.2

        And isn’t that, at base, the National Party’s desired outcome?

        Yes it is. Nothing changes but more government money goes to the rich making them richer.

        • David Mac 2.6.2.1

          The vast majority of NZ rentals are owned by couples that worked jolly hard for 30 years and went without many of the ‘nice-to-haves’ in order to do so. They are not rich, they’re doing what they can to be able to be comfortable when they can’t work anymore.

          They are not greedy vampires sucking the goodness out of your wellbeing. They are investing in what is currently the best superannuation plan available in NZ. We are all to blame for this situation.

          As we are discovering, this is not the ideal path going forward but you spitting in the faces of people doing what they can to take care of themselves becomes a little tiresome.

          • Draco T Bastard 2.6.2.1.1

            They are not rich, they’re doing what they can to be able to be comfortable when they can’t work anymore.

            Which shouldn’t be needed.

            They are not greedy vampires sucking the goodness out of your wellbeing.

            Except for the fact that is exactly what they are whether they believe it or not. That’s simply the nature of the system that they’re using for being comfortable.

            We are all to blame for this situation.

            Yes because we continue to allow capitalism.

            As we are discovering, this is not the ideal path going forward but you spitting in the faces of people doing what they can to take care of themselves becomes a little tiresome.

            I’m just stating the facts.

            The truth about the present system needs to be known and understood before the necessary changes can be brought about.

          • Craig H 2.6.2.1.2

            Most rental stock is owned by larger investors or is social housing of one sort or another.

            • Peter 2.6.2.1.2.1

              The results from recent surveys show that just over 90% of landlords own only one or two rental properties.

              • Craig H

                The vast majority of landlords own 1-2 rentals, but the statement was that “the vast majority of NZ rentals are owned by couples…”.

          • North 2.6.2.1.3

            And apologists like you David Mac are very tiresome. I don’t personally blame people for taking steps in their own behalf (which is what you’re saying?)……but what fuck evidence do you have to show that for years and years these people ‘deprived’ themselves ? For 30 years they had and held down a job. Wow ! Lucky them. They got themselves into a property owning position (good on them) and then the leeches stepped in and offered them money against their spectacularly enhanced equity. Then they got airs about themselves and voted for that effete prick Key and became leeches themselves. Not that most of them consciously intended to but they did. Start weeping about kids with rheumatic fever and I’ll say you’re not a facile thinking prick.

            • David Mac 2.6.2.1.3.1

              Hi North, the nature of my business requires me to hold conversations with the owners of rental homes about their rental homes and what they’ve been up to. Over the last 10 years I’ve held 1000’s of them. 12 this morning.

              You are of course perfectly within your rights to sell your house for half of it’s market value. I think you’re being a bit unrealistic to expect others to do the same.

              I don’t care what you think of me North. I’m sure there are plenty of folk that think I’m a facile thinking prick. I’d be setting myself up for heartache if I thought I could be outspoken and have everyone agree with me. If it’s any consolation, I still like you.

      • georgecom 2.6.3

        yup pretty much. build thousands of state houses and redirect the accommodation supplement to that. Reduce house prices 30 percent and dry up the demand for landlords buying rentals.

    • RedBaronCV 2.7

      Redirect ( not all at once) the accommodation supplement ( before budget over $1b per year) into building housing. Investment not subsidy for landlords.
      Build the housing firstly in the areas where we pay the most out in accommodation supplements. ( Have one set of calc’s for Auckland and another for the regions)
      Right across the board redirect the “landlord subsidy” into measures or “subsidies” to help people own their own homes. When home ownership goes up land lording becomes a marginal economic life style.

      This is a classic case of a poorly directed government “subsidy” producing sub optimal community outcomes.

    • saveNZ 2.8

      @ BM – make being a residential property investor as unattractive as possible.

      What in a rental shortage?????

      Where do renters live then, Planet Key? I personally don’t think the 39,000 new houses under National that are $600k plus and100,000 new houses under labour over 10 years over $500,000+ going to do anything when we have 70,000 new citizens arriving yearly and 188,000 working visa’s being issued?

      What annoys me most about the housing debate is that everyone keeps trotting out the same old discourses they want more rental houses but don’t want more landlords but we can’t get the government to build any new affordable houses fast enough.

      What does that make? A huge fuck up!!! The average joe understands but for some reason all the analysts and commentators don’t. If you want to know what housing is not helping Labour in the polls – it’s because the average joe can do the figures of incoming and out coming population growth.

      What’s even worse is that Labour keeps the fire and brimstone attacks on landlords in every speech, but they themselves have many MP’s who are landlords – are they have these evil speculators too in their own party!!! Of course so does National but people expect that.

      What people like about Corbyn is that he’s consistent. The facts makes sense. Labour still are doing a Natz and trying to work the discourses in their favour but their facts on property don’t match the discourses.

      The other thing about Corby is that he does not attack and blame people. Labour still have a tendency to blame in most speeches it seems to be property speculators as villains. Since most of NZ economy seems to be about construction and cows I’m not sure that is the most politically sensible villain to tout as we have become a ponzi scheme industry.

      Everything about housing in this country is wrong. But at least be honest about what’s going on and why people including Labour MP’s invest in property and how hopeless NZ developers are, including the government.

      There little investment in NZ to take up – look at all the financial scandals and the banks don’t even guarantee deposits here! So that’s why people buy property.

      National’s immigration policy has driven up the price of houses as well as lowering wages, and creating a huge under supply, so now locals can’t afford to buy or in many cases even rent a house.

      People can’t live on wages so buy houses if they can afford to do so.

      Developers know a bust is only around the corner so are only interested in making short term bucks, affordable housing is not profitable and although developers in NZ tend to be P heads with IQ’s under 100 or offshore investors money laundering cash – they do tend to understand there is no money in affordable housing when the luxury market is booming.

      With insecure work and lower and lower wages, very few locals can afford to buy a house unless they already had a house to use as equity (that they probably bought under the Labour government in the Helen Clark years…) so developers are reliant on the immigration policy to prop up the new houses that locals can’t afford.

      But that does not solve the housing shortage and wage shrinkage for locals on local wages.

      Housing is a cluster fuck and nobody in government has any good answers on this issue because it has to be sorted incrementally and carefully and not via sound byte with fire and brim stone speeches that don’t add up.

    • Adrian Thornton 2.9

      The accommodation supplement is just one thing, and one thing only..tax payers propping up an unsustainable housing market, for both landlords, investors and private individuals flipping houses for capital gain….a market that is nothing but pure fantasy, a fantasy that ironically enough, gets to exist, with these subsidies, outside the supposed natural laws of the free market.

      No accommodation supplement, no working for families=no million dollar houses in Auckland, it is that simple, how to extract our selves from this ever decreasing closed loop is not so simple.

      • One Anonymous Bloke 2.9.1

        outside the supposed natural laws of the free market.

        We’ve seen enough poorly regulated markets to know that economic bubbles are well within their nature.

        How to extract ourselves? Step one is to change the government.

        • Adrian Thornton 2.9.1.1

          What exactly has Labour proposed in their manifesto that would help…
          1. tenants pay less rent, have long term security
          2. Stop domestic housing being used as a commodity for largely unfettered capital gains.

          • One Anonymous Bloke 2.9.1.1.1

            1. Increase state housing stock – that’s just one proposal.
            2. Make foreign speculators build – again, just one proposal. All this stuff is literally front page from their website.

            • Adrian Thornton 2.9.1.1.1.1

              I have read their site thoroughly, a few times thanks.

              1. Increasing the housing stock so more people can get on the ‘property ladder’ is not gong to do anything to stop the unfettered fetish of housing speculation in New Zealand, so I fail to see how this will help the country in the long term?

              2. $500,000 affordable houses in outer Auckland is not going to help the tens of thousands of workers who will, by this level of affordability, set by Labour, be effectively shut out of the possibility of ever owning their own homes.
              If you research the figures on average incomes for factory workers, cleaners etc, average rents etc, you will soon see that this is the reality.

              3. Where is there even a mention on Labours website of anything Labour is going to do to help tenants achieve long term security in their housing needs and any kind rent rise security?…or are they going to leave renters to the ‘invisible hand’ of the free market?…because that’s what it looks a lot like.

              • One Anonymous Bloke

                1. Maybe a cgt and other measures will do that.

                2. Depends on what happens with wages. Also assumes that good stable housing cannot be delivered via tenancy arrangements; cf: Germany.

                3. Here. I searched for “tenancy”. It wasn’t the only hit.

                • Adrian Thornton

                  Well that link is from 2014…

                  “Labour will work with landlord and tenant representative groups to investigate options for increasing security of tenure in the private sector and ensure a better balance of rights between tenants and landlords.”

                  …as with most of Labours positions on the working poor of New Zealand…nothing but platitudes, if Labour actually were going to do something meaningful about this issue, it would now ne enshrined in their manifesto for the 2017 election.

                  As far as wages go, when asked about this at the end of a speech Andrew Little gave at Clive hall a month or so ago, Little said “we will have to keep pushing wages up from below, and look at worker productivity”

                  I asked Little after the speech, “what do you mean, look at worker productivity ? you know as well as I do worker productivity is the highest it has ever been recorded, yet wages and conditions have gone backwards”, he had no answer for me.
                  So I wouldn’t hold my breath on that count.

                  • weka

                    Have Labour released a 2017 manifesto? I was under the impression that they were still working on policy and releasing it over time. Ditto the Greens.

                    • Adrian Thornton

                      Sorry you are right, I guess I meant to say… the stated positions as outlined on the Labour website.

            • Craig H 2.9.1.1.1.2

              To add to OAB’s points:

              3. Ring fence residential rental property losses to rental income
              4. Extend the bright line test to 5 years (not CGT but a reasonable approximation for speculators)
              5. Build 100,000 houses and sell them to first home buyers, which removes those families from the rental market, thereby reducing demand, which should lead to decreased or stagnant rents.
              6. Pare back immigration to some extent (I concede that they have not published any policy yet)
              7. Aim for full employment (if rents don’t go up and median household income does, that’s a win)

              • Adrian Thornton

                @ Craig H,
                While I agree with all you suggestions, I still fail to see how these light weight actions will curtail the obsession with capital gains to made on housing in New Zealand over the long term, which is the origin of the ongoing crisis.

                That 100,000 houses build over all of New Zealand for first home buyers will do sweet FA to adjust the cost of rentals, that much is for sure.

                At best these suggestions are like a plaster on major wound, nice thought, but ultimately pointless if it doesn’t stop the bleeding.

                As far as full employment go, this Labour party has no intention of creating full employment, it is not a workers party, and hasn’t been for over 25 years.

                • Craig H

                  Individually they may not seem like much, but I think cumulatively they will have a big effect. There are a number of aspects increasing supply and reducing demand in the package, and they add up.

                  Also, a 5 year bright line test coupled with eliminating the ability to offset losses against personal income will push at least some speculators into other investments – the tax advantages are gone, so may as well invest in shares or other markets.

          • saveNZ 2.9.1.1.2

            One of the issues is that property speculation is part of the NZ way of life. Look at all the popular shows, My first home, The block, who knows how many other’s are out there.

            Rightly or wrongly, property speculation has been encouraged as a desirable mainstream activity.

            The reason there is now a housing crisis, is that NZ has one of the largest migration per capita in the world.

            Property speculation has been around for decades in this country – what has changed is the National party policy and the numbers of people coming into the country to live that need housing. In addition globalism gives other nationalities the ability to speculate without even living here – again it’s National party policy like the 0% offshore tax havens with no questions asked about the persons identity.

            So to win, as Corbyn says, For the many not the few. In NZ property speculation a National pastime for the many – not the few.

            So you need to bear that in mind if you want a change of government. So many people are complaining not enough is being done and suggesting a whole range of measures that don’t address the main issue of demand that is causing the problem.

            Look at Sweden. They have no rental houses it’s almost impossible to rent there because they have massive rent controls. So if you have a rental house, all’s good. If you are looking for one, there is none available.

            Housing shortages will be MUCH worse under National – than Labour because National don’t consider there to be a housing crisis, they want to sell off all the state houses cheap to their mates, and import as many people as possible to NZ – even if there is not enough houses to house them.

            Let alone enough jobs, schools, hospitals, prisons, courts or public transport to cope.

            That’s the difference in policy.

            • Adrian Thornton 2.9.1.1.2.1

              So are you saying a half arsed centrist NZ Labour Party is better than National?

              If you are, I have to respectfully disagree.
              I believe we now need a party and a leader who have to courage to come out have a open and honest conversation with the citizens of New Zealand, and just say,what we all already know, that this neo liberal system of economics just isn’t working, even people who aren’t engaged politically instinctively know that the housing market is pure fantasy, our low wage economy is not fair, income disparity is completely out of control etc etc

              Yes you are right property speculation is part of the NZ way of life in certain circles but then so was drinking and driving. that doesn’t mean it was a good thing, or that the behavior can’t be changed.

              • David Mac

                Yep, I agree Adrian. Between good intentions and a job well done is the abyss.

                We’re all fed up with the lip service and no action.

                It needs a Masterplan bigger than anything I’m seeing now. Labour’s pat “Oh we’ll get lots of the unemployed into building trade apprenticeships” solution is just what the Nats have been feeding us. If that was easily doable, we’d be seeing it.

                I think it needs a broader plan. eg: Skew overseas students towards the building professions, town planning, engineering, architects etc. Once qualified, bond them to work in NZ for 3 years and earn residency for their part in the Grand Solution.

                Get retired hard-case character builders, there’s plenty of them about, their backs are buggered but their mouths aren’t, to tour schools and talk to 16 year olds about the opportunities in the construction and suburb creating business.

                We all want to see more homes, make NZ believe you can do it and NZ will back you.

                • Adrian Thornton

                  @David Mac, Yes I really believe this is the time for that to happen, many people are ready to get behind and work for a common vision of shared interest.. when I had a chat with Little, I actually said something like this to him…. “NZ is waiting for a transformative leader, that could be you, you could be the leader of a Labour party that will always be remembered, or like so many others, forgotten in the banality of time,” he thought that was pretty funny,
                  I thought it was a pretty serious proposition, but I guess you are either that person or you aren’t, and there probably isn’t really anything in between, so maybe I was being a bit unfair in saying that to him.

                  • David Mac

                    Ha, it’s a great question Adrian, I think it would catch most of us unawares. ‘This is your chance to be an Abe Lincoln Andrew, you gonna take it?’ Ha… I’d ask if I could email you back.

                    People squirm a little even when they know that question is coming. I see it when the hosts enquire of a contestant “Do have what it takes to win Britain has Talent?”

                    Sing like an angel or a hoax act, they all say “Yes”. It’s odd that those with the most uncertain of ‘Yeses’ are often those that sing like angels.

              • saveNZ

                @Adrian, but the National party are not going to change their spots.

                Kiwis are still considered wealthy on the world stage (apparently we have about $300,000 in assets per person on average). In short not enough voters are poor enough for a Corbyn style approach, yet.

                Half assed policy is better than all guns ahead in the titanic of National housing policy. I don’t want to be stepping over 100,000’s of homeless on the streets including Mums and Dads with kids if National get in again, because the Labour supporters want to ‘punish’ them for not getting their exact wish list correct.

                Labour went down the gurgle last election with their pro capital gains property policy.

                I want a change of government and trying to point out what motivates ‘middle NZ’ and what might put them off.

                Some people are very badly off, but not enough and not voting enough. Some people especially the 65% of homeowners are doing ok and some are doing very well, thanks.

                If Labour keep to the centre and articulate a vision that resonates and Greens go to the left of centre then everyone should be happy and Labour get back in the 40’s not the 20’s they have plunged too, and Greens hopefully get 15% plus.

                It’s reliant on left voters being able to compromise and support Labour and Greens to stop the Natz carnage.

    • r0b 2.10

      > I agree the Accommodation Supplement is a crock of shit.

      > What the answer is I do not know.

      The answer is affordable state-provided accommodation to set a baseline price in the market.

  3. Halfcrown 3

    “you could always just take the nice safe 3ish % a savings account with kiwibank would give you”

    Wouldn’t “bank” on it now we have The Double Dipping Dickhead from Dipton’s OBR

    PUN intended

    http://www.rbnz.govt.nz/regulation-and-supervision/banks/open-bank-resolution

    • bwaghorn 3.1

      yes i’m aware of that , but no money is 100% safe, they only take the money above $100 k ? i think,
      Of course it is the very fear that their money will vanish that makes people put their money in property.

    • greg 3.2

      halfcrown kiwi saver accounts have been opened up as well for confiscation on default.
      obr is directly aimed at savers i worry about the level debt house holds have taken on

      • smokes kreen 3.2.1

        It is a real worry. The other thing is that New Zealand is now the only OECD country which does not have a Deposit Guarantee scheme in place. Even in Australia the “big four” Australian banks which operate here (ASB, BNZ, ANZ and Westpac) all have their depositors’ funds guaranteed up to $250,000. Their New Zealand depositors however do not have any such protection for their funds.

        Even when the OECD urged bank deposit insurance for savers, the then Finance Minister Bill English ruled this out in a 2011Press Release saying that “The Government does not favour compulsory deposit insurance. This is difficult to price and blunts incentives for both financial institutions and depositors to monitor and manage risks properly.”
        (https://www.beehive.govt.nz/release/maintaining-confidence-financial-system)

        The other OECD countries had no such difficulty.

        • greg 3.2.1.1

          another scary fact is the concentration of home loans on these banks books there not what you would call diversified i just see housing/mortgages as a ticking time bomb that is totally dependent on record low interest rates which by coincidence is screwing over savers that are not being compensated for the risk that is being taken. speculators will be the first to default followed by house holds who used the homes as atms .the squealing for bailout will be deafening

  4. jcuknz 4

    The person with whom I shared a flat in pre-owning days told me when I subsequently visited him that every time he got a CoL raise from his govt job the landlord put the rent up so he was no better off for the raise.

    • Nick 4.1

      Exactly!
      Everything the market will bear.
      Accomm. supplement goes up? Rents go up.
      Sure as night follows day.

  5. Foreign waka 5

    Can somebody help me understanding this?
    The government can take land for public works purpose, yes? The Government can use their employee base in other institutions i.e. Universities to accept contract work, yes?
    The Government can allocate funds for building infrastructure/housing and employ a house building company, or even creates one if no other avenue is available for a limited time (i.e. 10 years?) to get builders employed, yes?
    If all those questions would herald a yes, even with some prep work required and given that this would not be a secret in any of the circles giving advise presently – why is nothing being done in this atrocious situation?
    What would the motivation be to hold the majority of working people and the poor at ransom?
    I am really not getting this, is there some kind of perverse sadism involved? Do some of the powerful get a kick out of having the poorer people begging? Are this some last genetic remnants of a time well past? What is it, I really hope someone can tell me.

    • gsays 5.1

      Hi fw,
      Landlords vote, lots of tenants do not, perhaps.

      • Foreign waka 5.1.1

        Time to get those who are affected into the voting boots perhaps?
        Not sure whether this would change the mindset of some seemingly sadistic people.

    • One Anonymous Bloke 5.2

      Indeed. Any earthquake or flood that put 10,000 people on the street would quickly be declared a state of emergency. Accommodation would be commandeered if necessary.

      The contrast is telling.

      • weka 5.2.1

        Um, Chch. Where people lived in vehicles for a long time after Chch2.

        • One Anonymous Bloke 5.2.1.1

          …and the government took emergency powers to deal with it, in contrast to the current situation.

    • Nick 5.3

      If you philosophically believe that the Government neither can nor should aspire to do anything at all, you will find reasons NOT to intervene, not look for things you can usefully do. And to do JUST ENOUGH to calm the population, without actually changing the essential advantage of the already well off.

      If the Left does not exploit this hole in the Right mindset during the on-coming election, they will only have themselves to blame for a loss and a continuation of this horrifying situation. At present they don’t seem to have identified this glaring internal contradiction in National Party mentality.

      The political Right have this position baked into their DNA, or whatever the cliche is. But New Zealanders as a whole still hope that the Government can make their lives better.

      They can. But with no change of administration they won’t.

      • Foreign waka 5.3.1

        Thank you all for the response, so I take it the building of social housing is doable but the government is only inclined to drip feed perception that they do “assist” (whom is anybody’s guess) without being found out that the overarching philosophy is actually at its core feudalistic. If this is so, than it also explains the coalition with the Maori party, being structured along the lines of a monarchy.
        It also means that if National does not change policy and stays in government, nothing will change and we have more and more people homeless and lacking basics.
        That NZ has already the same charity fund as 3rd world countries, sponsor a child, is telling.
        I think immigrants deserve to know as well as people investing in SRI funds.

  6. North 6

    Ever spent time in suburbs formerly stacked out with Housing NZ rentals now full of private rentals ? Ever seen the hurt look on the face of the private landlord when his tenant tells him he/she is leaving because the rent is unaffordable. It’s SO fucking sad !

    PS: this comment may be construed / misconstrued to appeal to every point on the spectrum.

    Congrats’ to Foreign Waka @ 5 above.

  7. RedBaronCV 7

    We probably also need a register held by MSD identifying all landlords that have rents high enough to attract rental subsidies.
    Social investment studies you know.

    • Craig H 7.1

      MBIE have the information already from tenancy bonds, so would be very interesting to see it.

      • RedBaronCV 7.1.1

        Oh for an accidental information leak!

        That way we could see which landlords needed to be weaned off their state subsidies – maybe cold turkey them – they have to sell the houses for what they paid for them less the accommodation supplements the tenants had collected over the years less the tax rebates they have collected for the same rental activities -anything above that sale price taxed at the highest marginal rate.

        Actually we could have a tax claw back on sale of a property of all the rental losses deducted over the years – hints of that would put plenty of houses into play.

        • David Mac 7.1.1.1

          Information with regard the rent paid for various house types in the separate regions of NZ is freely available to all. The number of tenancies started in any month, upper quartile rents paid in those regions, the median etc. There is quite a bit of info available to us all. Landlords and property mangers regularly use the information, it’s one of the tools used when establishing the market rent for a particular property.

          For obvious reasons what it doesn’t do is give you the name and address of those lodging these bonds. MBIE have access to that information.

          The problem with placing too much weight in this information is that 2 three bedroom homes can be 500m from each other and one can have a market value twice that of the other.

          Often those setting the rent level is not the owner of the property. Property Managers are in the % game. The higher the rent, the better their bottom line. I suspect property managers are more to blame for escalating rents than the Mum and Dad owners, they usually run with the perceived expert’s advice.

          http://www.mbie.govt.nz/info-services/housing-property/sector-information-and-statistics/rental-bond-data

          • Peter 7.1.1.1.1

            Divide the rental income from HNZ houses by the number of such houses and you can see that HNZ makes a loss of $100 per week on every house.
            Where does that $100 come from?
            You and me, the taxpayer.

            • David Mac 7.1.1.1.1.1

              I’m more concerned about people than I am money Pete. I think we all should be. But even from a financial aspect, we’re paying $1000 a week for people to live in Motels. $100 a week looks cheap.

  8. North 8

    Great to see even the right wingers acknowledging that yes we DO have a crisis ! Standby…….crossing to Maui.

  9. The decrypter 9

    Dickens has a good angle on things in the herald now.

  10. millsy 10

    Ironically, even with the Accomodation Supplement, people still pay 60%-70% of their income in rent anyway, so the payment isn’t even that great.

    For example a single mother with 2 children under 18 paying $400 per week in rent would get $557 per week, which means that after paying her rent, she would be left with $157, subtract utilities, and you get $87 for things like clothes, school fees, transport and the like, plus medical care for her.

  11. Draco T Bastard 11

    Exactly as I predicted – the tax cuts and other moneys going to the poor in the budget will be rapidly grabbed by the rich by the simple expedient of rising prices.

    And I’m pretty sure that the government planned it that way. It’s government money going to the rich which the government can say that they gave to the poor.

  12. David Mac 12

    I think the free market would work just fine for housing when there are more homes than people looking for one. I don’t think that is going to happen anytime soon and shelter is too important a need to leave to it’s current spiral of unaffordability.

    As a nation, I think we agree government intervention is required. The friction arises when we consider how best to go about that.

    We all seem agreed that the best way to go is to try and push the situation towards a status quo whereby market forces do work. More homes for rent and for sale than there are people looking.

    Again, we all seem agreed that the best way to get what we want is to build. Lots and lots of houses/apartments/flats.

    What the hell is going on National? Steady hand on the tiller? “Show me the houses!”

    Land? I travel Highway 16 when I go to Auckland, I don’t see much more of the outlying areas. There are 1000’s of hectares between Helensville and Wellsford. Move the goddam cows off it and build. Start handing some eviction notices to cows instead of Grandmas.

    You’ve had nine years. You’re as useless as an ashtray on a motorbike. Get outta my sight, you piss me off.

    • saveNZ 12.1

      @David Mac Yes, fly in on our jet packs of the future to beat the traffic to our minimum wages jobs!! Go Auckland Strategy! BTW, the houses are 1 million bucks now in that area, so prey tell, how the average worker can afford to rent or buy it, I’m not seeing any high paid job creation in anybody’s strategies.

      • Craig H 12.1.1

        Kiwibuild will create a lot of jobs, and most of them should be relatively well-paid.

    • Jeremy 12.2

      Hi David,

      There is stacks of land out West with an existing motorway extending into farmland, however just throwing houses up isn’t that easy.

      There are two problems that I see. First, the Government would have to write legislation overriding the MULs and existing zoning and consent laws, I’m not sure how great a precedent that would be, however a lot of the current restrictions are quite crazy and you could argue it is necessary and the council would have amended these issues by now if they were going to. So many building types are outrighted banned which means you are effectively required to build a detached single family dwelling with multiple off street parks at current land prices. I know a home developer who has been building houses for 25+ years in Auckland, when he started it took him an average of 1-2 weeks to get consent, now it is 8 weeks +. All these problems are significant council generated problems, that the government can’t really do anything about without overruling legislation.

      Second, even if all the MULs, zoning and restrictions were removed, we simply don’t have the tradesmen to build everything, it would take mass short term immigration, or a huge apprenticeship programme and many, many years to get through the backlog, and then what happens to the immigrants or apprentices after we catch up?

      I don’t care if the market or the government does the development, but until the above issues are resolved, with a clear definitive plan, both National and Labour’s housing plans are pie in the sky nonsense.

      • David Mac 12.2.1

        Yes it is a bit of a catch 22 mess.

        The Super City don’t charge $1000’s to hook a pipe up because that is a fair price. The ‘gotta pay’ interest payment is due, offshore it goes. They’re dead scared of a house in Auckland costing $300k. They need the rating income that $750k houses generate.

        Pity the Mad Butcher isn’t 20 years younger.

        “I don’t care about your laws. I’m the boss, I make the laws. The 4.5 million people of New Zealand put me in this chair to do a job and by fuck, that is what I’m going to do. Put it in the house order, we’ll vote these bullshit laws out next Tuesday and start getting these houses whacked up. Who’s shout is it?”

        • Craig H 12.2.1.1

          Movements in average value of houses don’t change rates – rates are set based on RV vs average property value, not just RV alone. Dropping the average value of Auckland houses to $300,000 wouldn’t do anything to the rates.

          • David Mac 12.2.1.1.1

            Yes, that’s the pat response. I’m not talking about ‘movement in the average price’. I’m talking about building houses like the Brits built Spitfires.

            What if a govt builds a suburb of 2000 $400k houses, will their rates bill be the same as the guy that just paid $850k for an exec home in Henderson Heights?

            I think the Super City is budgeting on every house being $850k’s worth.

  13. saveNZ 13

    This is typical of the one dimensional thinking. http://www.newshub.co.nz/home/new-zealand/2017/05/opinion-there-s-only-one-way-left-to-solve-the-housing-crisis.html

    To save you the trouble reading it, their answer is we build up in the CBD.

    What is unsaid is when we build up, there has been nothing stopping this in the CBD. Previously developers built leaky buildings that nobody wanted to live in and there was so little regulation, someone could build up right along side another apartment block within 1cm and block out an entire apartments sun and views. At the same time banks refused to lend to most first home owners on CBD apartments requiring a 40% deposit.

    Eventually this problem was solved with immigration. People who had cash, did not need bank approval and were used to small, dark apartments. Nowadays this has morphed into more luxury apartments but they are no longer affordable.

    So even if we build a lot more apartments in the CBD, in 5 years we have all these new apartments, where are all the new jobs in Auckland (or Wellington), where are all the money for new schools, hospitals, infrastructure, police and so forth???

    Every time it rains, sewerage goes into the harbour.

    Before we import the people – maybe work out is this a good idea, and what are they going to do here?? Level 5 IT support workers, chefs, tilers and petrol attendants for minimum wages and the tax payer supporting them with accommodation benefits, working for families, and social support is not sustainable and a radical rethink of policy is necessary, especially since 93,000 Kiwis are neither in work or on a benefit. Let alone the hundreds of thousands of unemployed, or those in work, who work 1 hour a week on a zero hour contract.

    • David Mac 13.1

      Apartments, sheesh, how wrong can we get it. We’ve been told to like apartments but families just don’t.

      Our primary shortage is dwellings for families. Ask 100 parents how they feel about raising their kids on the 18th floor? Regardless of the marble finishes, I think over 90% of them would much prefer a back-yard. That’s just us. We’d rather commute and bowl a ball to our boy on our own back lawn.

      So be it, nothing new. This aerial pic of a new state housing estate from 1947. State houses as far as the eye can see, all done long before nail-guns and power tools.

      https://upload.wikimedia.org/wikipedia/commons/6/60/State_Housing_in_Oranga%2C_Auckland%2C_1947.jpg

      • saveNZ 13.1.1

        Terraced housing is the best options for affordable family living. You can have 3 stories, no body corp (otherwise the Body corp just eats up the affordability) and a garden. It’s a good compromise for families and higher density, but all around in central Auckland and suburbs houses are getting bigger and more expensive, not more affordable.

        The national party an Auckland council unitary plan at work, supported by Labour and the Greens who got duped big time.

      • saveNZ 13.1.2

        State houses were often built with returned service men workers. Job creation and more houses. Win, win.

        Does not really replicate with neoliberal solutions of cruise ships with imported cheap workers living there, building houses and infrastructure for the 70,000 new migrants per year paid for by existing local tax payers, while our productivity plummets under neoliberalism and the endless search for a low wage economy and austerity to cut costs using cheap labour from offshore.

        • David Mac 13.1.2.1

          Yes, photos from the early 60’s look the same except they were houses for people to buy. Suburbs of them.

          I think you’re right, the fundamental difference between then and now is the motivation. People vs Money. In those building booms the fire underneath blazed because we were housing families. At the moment it seems to be money that’s important. It doesn’t need to be.

        • mauī 13.1.2.2

          Absolutely savenz, my relies were given a house by the government after the war and were set up in the building trades for life probably with free training too.

          These days the government will give you a motel room to live in and you’re asked to pay for it yourself, or you’re accused of smoking p and soon after evicted. The whole apprenticeship thing is in a dire state too.

  14. Ayyy….. One of my favorites, … Just gotta love the imagery…

    Black Sabbath “Tomorrow’s Dream” – YouTube

    • And in order to understand the above imagery ,.. you need to dig into a little of this…

      Enjoy.

      Genesis 6 Conspiracy: Nephilm (Giants) Plan to enslave Mankind …
      Video for gary wayne genesis 6 conspiracy▶ 1:17:11

    • Incognito 14.2

      The audio and visual complemented each other very nicely.

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    Nick’s KōreroBy Nick Rockel
    2 days ago
  • Why were the 1930s so hot in North America?

    This is a re-post from Yale Climate Connections by Jeff Masters and Bob Henson Those who’ve trawled social media during heat waves have likely encountered a tidbit frequently used to brush aside human-caused climate change: Many U.S. states and cities had their single hottest temperature on record during the 1930s, setting incredible heat marks ...
    2 days ago
  • Throwback Thursday – Thinking about Expressways

    Some of the recent announcements from the government have reminded us of posts we’ve written in the past. Here’s one from early 2020. There were plenty of reactions to the government’s infrastructure announcement a few weeks ago which saw them fund a bunch of big roading projects. One of ...
    Greater AucklandBy Greater Auckland
    2 days ago
  • The Kākā’s Pick 'n' Mix for Thursday, July 25

    TL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last day or so to 7:00 am on Thursday, July 25 are:News: Why Electric Kiwi is closing to new customers - and why it matters RNZ’s Susan EdmundsScoop: Government drops ...
    The KakaBy Bernard Hickey
    2 days ago
  • The Possum: Demon or Friend?

    Hi,I felt a small wet tongue snaking through one of the holes in my Crocs. It explored my big toe, darting down one side, then the other. “He’s looking for some toe cheese,” said the woman next to me, words that still haunt me to this day.Growing up in New ...
    David FarrierBy David Farrier
    2 days ago
  • Not a story

    Yesterday I happily quoted the Prime Minister without fact-checking him and sure enough, it turns out his numbers were all to hell. It’s not four kg of Royal Commission report, it’s fourteen.My friend and one-time colleague-in-comms Hazel Phillips gently alerted me to my error almost as soon as I’d hit ...
    More Than A FeildingBy David Slack
    2 days ago
  • The Kākā’s Journal of Record for Thursday, July 25

    TL;DR: As of 6:00 am on Thursday, July 25, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day were:The Abuse in Care Royal Commission of Inquiry published its final report yesterday.PM Christopher Luxon and The Minister responsible for ...
    The KakaBy Bernard Hickey
    2 days ago
  • A tougher line on “proactive release”?

    The Official Information Act has always been a battle between requesters seeking information, and governments seeking to control it. Information is power, so Ministers and government agencies want to manage what is released and when, for their own convenience, and legality and democracy be damned. Their most recent tactic for ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • 'Let's build a motorway costing $100 million per km, before emissions costs'

    TL;DR: The top six things I’ve noted around housing, climate and poverty in Aotearoa’s political economy today are:Transport and Energy Minister Simeon Brown is accelerating plans to spend at least $10 billion through Public Private Partnerships (PPPs) to extend State Highway One as a four-lane ‘Expressway’ from Warkworth to Whangarei ...
    The KakaBy Bernard Hickey
    3 days ago
  • Lester's Prescription – Positive Bleeding.

    I live my life (woo-ooh-ooh)With no control in my destinyYea-yeah, yea-yeah (woo-ooh-ooh)I can bleed when I want to bleedSo come on, come on (woo-ooh-ooh)You can bleed when you want to bleedYea-yeah, come on (woo-ooh-ooh)Everybody bleed when they want to bleedCome on and bleedGovernments face tough challenges. Selling unpopular decisions to ...
    Nick’s KōreroBy Nick Rockel
    3 days ago
  • Casey Costello gaslights Labour in the House

    Please note:To skip directly to the- parliamentary footage in the video, scroll to 1:21 To skip to audio please click on the headphone icon on the left hand side of the screenThis video / audio section is under development. ...
    Mountain TuiBy Mountain Tui
    3 days ago
  • Why is the Texas grid in such bad shape?

    This is a re-post from the Climate Brink by Andrew Dessler Headline from 2021 The Texas grid, run by ERCOT, has had a rough few years. In 2021, winter storm Uri blacked out much of the state for several days. About a week ago, Hurricane Beryl knocked out ...
    3 days ago
  • Gordon Campbell on a textbook case of spending waste by the Luxon government

    Given the crackdown on wasteful government spending, it behooves me to point to a high profile example of spending by the Luxon government that looks like a big, fat waste of time and money. I’m talking about the deployment of NZDF personnel to support the US-led coalition in the Red ...
    WerewolfBy lyndon
    3 days ago
  • The Kākā’s Pick 'n' Mix for Wednesday, July 24

    TL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last day or so to 7:40 am on Wednesday, July 24 are:Deep Dive: Chipping away at the housing crisis, including my comments RNZ/Newsroom’s The DetailNews: Government softens on asset sales, ...
    The KakaBy Bernard Hickey
    3 days ago
  • LXR Takaanini

    As I reported about the city centre, Auckland’s rail network is also going through a difficult and disruptive period which is rapidly approaching a culmination, this will result in a significant upgrade to the whole network. Hallelujah. Also like the city centre this is an upgrade predicated on the City ...
    Greater AucklandBy Patrick Reynolds
    3 days ago
  • Four kilograms of pain

    Today, a 4 kilogram report will be delivered to Parliament. We know this is what the report of the Royal Commission of Inquiry into Abuse in State and Faith-based Care weighs, because our Prime Minister told us so.Some reporter had blindsided him by asking a question about something done by ...
    More Than A FeildingBy David Slack
    3 days ago
  • The Kākā’s Journal of Record for Wednesday, July 24

    TL;DR: As of 7:00 am on Wednesday, July 24, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day are:Beehive: Transport Minister Simeon Brown announced plans to use PPPs to fund, build and run a four-lane expressway between Auckland ...
    The KakaBy Bernard Hickey
    3 days ago
  • Luxon gets caught out

    NewstalkZB host Mike Hosking, who can usually be relied on to give Prime Minister Christopher Luxon an easy run, did not do so yesterday when he interviewed him about the HealthNZ deficit. Luxon is trying to use a deficit reported last year by HealthNZ as yet another example of the ...
    PolitikBy Richard Harman
    3 days ago
  • A worrying sign

    Back in January a StatsNZ employee gave a speech at Rātana on behalf of tangata whenua in which he insulted and criticised the government. The speech clearly violated the principle of a neutral public service, and StatsNZ started an investigation. Part of that was getting an external consultant to examine ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • Are we fine with 47.9% home-ownership by 2048?

    Renting for life: Shared ownership initiatives are unlikely to slow the slide in home ownership by much. Photo: Lynn Grieveson / The KākāTL;DR: The top six things I’ve noted around housing, climate and poverty in Aotearoa’s political economy today are:A Deloitte report for Westpac has projected Aotearoa’s home-ownership rate will ...
    The KakaBy Bernard Hickey
    4 days ago
  • Let's Win This

    You're broken down and tiredOf living life on a merry go roundAnd you can't find the fighterBut I see it in you so we gonna walk it outAnd move mountainsWe gonna walk it outAnd move mountainsAnd I'll rise upI'll rise like the dayI'll rise upI'll rise unafraidI'll rise upAnd I'll ...
    Nick’s KōreroBy Nick Rockel
    4 days ago
  • Waimahara: The Singing Spirit of Water

    There’s been a change in Myers Park. Down the steps from St. Kevin’s Arcade, past the grassy slopes, the children’s playground, the benches and that goat statue, there has been a transformation. The underpass for Mayoral Drive has gone from a barren, grey, concrete tunnel, to a place that thrums ...
    Greater AucklandBy Connor Sharp
    4 days ago
  • A major milestone: Global climate pollution may have just peaked

    This is a re-post from Yale Climate Connections Global society may have finally slammed on the brakes for climate-warming pollution released by human fossil fuel combustion. According to the Carbon Monitor Project, the total global climate pollution released between February and May 2024 declined slightly from the amount released during the same ...
    4 days ago
  • The Kākā’s Pick 'n' Mix for Tuesday, July 23

    TL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last day or so to 7:00 am on Tuesday, July 23 are:Deep Dive: Penlink: where tolling rhetoric meets reality BusinessDesk-$$$’s Oliver LewisScoop: Te Pūkenga plans for regional polytechs leak out ...
    The KakaBy Bernard Hickey
    4 days ago
  • The Kākā’s Journal of Record for Tuesday, July 23

    TL;DR: As of 6:00 am on Tuesday, July 23, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day are:Health: Shane Reti announced the Board of Te Whatu Ora- Health New Zealand was being replaced with Commissioner Lester Levy ...
    The KakaBy Bernard Hickey
    4 days ago
  • HealthNZ and Luxon at cross purposes over budget blowout

    Health NZ warned the Government at the end of March that it was running over Budget. But the reasons it gave were very different to those offered by the Prime Minister yesterday. Prime Minister Christopher Luxon blamed the “botched merger” of the 20 District Health Boards (DHBs) to create Health ...
    PolitikBy Richard Harman
    4 days ago
  • 2500-3000 more healthcare staff expected to be fired, as Shane Reti blames Labour for a budget defic...

    Long ReadKey Summary: Although National increased the health budget by $1.4 billion in May, they used an old funding model to project health system costs, and never bothered to update their pre-election numbers. They were told during the Health Select Committees earlier in the year their budget amount was deficient, ...
    Mountain TuiBy Mountain Tui
    4 days ago
  • Might Kamala Harris be about to get a 'stardust' moment like Jacinda Ardern?

    As a momentous, historic weekend in US politics unfolded, analysts and commentators grasped for precedents and comparisons to help explain the significance and power of the choice Joe Biden had made. The 46th president had swept the Democratic party’s primaries but just over 100 days from the election had chosen ...
    PunditBy Tim Watkin
    5 days ago
  • Solutions Interview: Steven Hail on MMT & ecological economics

    TL;DR: I’m casting around for new ideas and ways of thinking about Aotearoa’s political economy to find a few solutions to our cascading and self-reinforcing housing, poverty and climate crises.Associate Professor runs an online masters degree in the economics of sustainability at Torrens University in Australia and is organising ...
    The KakaBy Steven Hail
    5 days ago
  • Reported back

    The Finance and Expenditure Committee has reported back on National's Local Government (Water Services Preliminary Arrangements) Bill. The bill sets up water for privatisation, and was introduced under urgency, then rammed through select committee with no time even for local councils to make a proper submission. Naturally, national's select committee ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Vandrad the Viking, Christopher Coombes, and Literary Archaeology

    Some years ago, I bought a book at Dunedin’s Regent Booksale for $1.50. As one does. Vandrad the Viking (1898), by J. Storer Clouston, is an obscure book these days – I cannot find a proper online review – but soon it was sitting on my shelf, gathering dust alongside ...
    5 days ago
  • Gordon Campbell On The Biden Withdrawal

    History is not on the side of the centre-left, when Democratic presidents fall behind in the polls and choose not to run for re-election. On both previous occasions in the past 75 years (Harry Truman in 1952, Lyndon Johnson in 1968) the Democrats proceeded to then lose the White House ...
    WerewolfBy lyndon
    5 days ago
  • Joe Biden's withdrawal puts the spotlight back on Kamala and the USA's complicated relatio...

    This is a free articleCoverageThis morning, US President Joe Biden announced his withdrawal from the Presidential race. And that is genuinely newsworthy. Thanks for your service, President Biden, and all the best to you and yours.However, the media in New Zealand, particularly the 1News nightly bulletin, has been breathlessly covering ...
    Mountain TuiBy Mountain Tui
    5 days ago
  • Why we have to challenge our national fiscal assumptions

    A homeless person’s camp beside a blocked-off slipped damage walkway in Freeman’s Bay: we are chasing our tail on our worsening and inter-related housing, poverty and climate crises. Photo: Photo: Lynn Grieveson / The KākāTL;DR: The top six things I’ve noted around housing, climate and poverty in Aotearoa’s political economy ...
    The KakaBy Bernard Hickey
    5 days ago
  • Existential Crisis and Damaged Brains

    What has happened to it all?Crazy, some'd sayWhere is the life that I recognise?(Gone away)But I won't cry for yesterdayThere's an ordinary worldSomehow I have to findAnd as I try to make my wayTo the ordinary worldYesterday morning began as many others - what to write about today? I began ...
    Nick’s KōreroBy Nick Rockel
    5 days ago
  • A speed limit is not a target, and yet…

    This is a guest post from longtime supporter Mr Plod, whose previous contributions include a proposal that Hamilton become New Zealand’s capital city, and that we should switch which side of the road we drive on. A recent Newsroom article, “Back to school for the Govt’s new speed limit policy“, ...
    Greater AucklandBy Guest Post
    5 days ago
  • The Kākā’s Pick 'n' Mix for Monday, July 22

    TL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last day or so to 7:00 am on Monday, July 22 are:Today’s Must Read: Father and son live in a tent, and have done for four years, in a million ...
    The KakaBy Bernard Hickey
    5 days ago
  • The Kākā’s Journal of Record for Monday, July 22

    TL;DR: As of 7:00 am on Monday, July 22, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day are:US President Joe Biden announced via X this morning he would not stand for a second term.Multinational professional services firm ...
    The KakaBy Bernard Hickey
    5 days ago
  • 2024 SkS Weekly Climate Change & Global Warming News Roundup #29

    A listing of 32 news and opinion articles we found interesting and shared on social media during the past week: Sun, July 14, 2024 thru Sat, July 20, 2024. Story of the week As reflected by preponderance of coverage, our Story of the Week is Project 2025. Until now traveling ...
    6 days ago
  • I'd like to share what I did this weekend

    This weekend, a friend pointed out someone who said they’d like to read my posts, but didn’t want to pay. And my first reaction was sympathy.I’ve already told folks that if they can’t comfortably subscribe, and would like to read, I’d be happy to offer free subscriptions. I don’t want ...
    Mountain TuiBy Mountain Tui
    6 days ago
  • For the children – Why mere sentiment can be a misleading force in our lives, and lead to unex...

    National: The Party of ‘Law and Order’ IntroductionThis weekend, the Government formally kicked off one of their flagship policy programs: a military style boot camp that New Zealand has experimented with over the past 50 years. Cartoon credit: Guy BodyIt’s very popular with the National Party’s Law and Order image, ...
    Mountain TuiBy Mountain Tui
    6 days ago
  • A friend in uncertain times

    Day one of the solo leg of my long journey home begins with my favourite sound: footfalls in an empty street. 5.00 am and it’s already light and already too warm, almost.If I can make the train that leaves Budapest later this hour I could be in Belgrade by nightfall; ...
    More Than A FeildingBy David Slack
    6 days ago
  • The Chaotic World of Male Diet Influencers

    Hi,We’ll get to the horrific world of male diet influencers (AKA Beefy Boys) shortly, but first you will be glad to know that since I sent out the Webworm explaining why the assassination attempt on Donald Trump was not a false flag operation, I’ve heard from a load of people ...
    David FarrierBy David Farrier
    6 days ago
  • It's Starting To Look A Lot Like… Y2K

    Do you remember Y2K, the threat that hung over humanity in the closing days of the twentieth century? Horror scenarios of planes falling from the sky, electronic payments failing and ATMs refusing to dispense cash. As for your VCR following instructions and recording your favourite show - forget about it.All ...
    Nick’s KōreroBy Nick Rockel
    1 week ago
  • Bernard’s Saturday Soliloquy for the week to July 20

    Climate Change Minister Simon Watts being questioned by The Kākā’s Bernard Hickey.TL;DR: My top six things to note around housing, climate and poverty in Aotearoa’s political economy in the week to July 20 were:1. A strategy that fails Zero Carbon Act & Paris targetsThe National-ACT-NZ First Coalition Government finally unveiled ...
    The KakaBy Bernard Hickey
    1 week ago
  • Pharmac Director, Climate Change Commissioner, Health NZ Directors – The latest to quit this m...

    Summary:As New Zealand loses at least 12 leaders in the public service space of health, climate, and pharmaceuticals, this month alone, directly in response to the Government’s policies and budget choices, what lies ahead may be darker than it appears. Tui examines some of those departures and draws a long ...
    Mountain TuiBy Mountain Tui
    1 week ago
  • Flooding Housing Policy

    The Minister of Housing’s ambition is to reduce markedly the ratio of house prices to household incomes. If his strategy works it would transform the housing market, dramatically changing the prospects of housing as an investment.Leaving aside the Minister’s metaphor of ‘flooding the market’ I do not see how the ...
    PunditBy Brian Easton
    1 week ago
  • A Voyage Among the Vandals: Accepted (Again!)

    As previously noted, my historical fantasy piece, set in the fifth-century Mediterranean, was accepted for a Pirate Horror anthology, only for the anthology to later fall through. But in a good bit of news, it turned out that the story could indeed be re-marketed as sword and sorcery. As of ...
    1 week ago
  • The Kākā's Chorus for Friday, July 19

    An employee of tobacco company Philip Morris International demonstrates a heated tobacco device. Photo: Getty ImagesTL;DR: The top six things I’ve noted around housing, climate and poverty in Aotearoa’s political economy on Friday, July 19 are:At a time when the Coalition Government is cutting spending on health, infrastructure, education, housing ...
    The KakaBy Bernard Hickey
    1 week ago
  • The Kākā’s Pick 'n' Mix for Friday, July 19

    TL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last day or so to 8:30 am on Friday, July 19 are:Scoop: NZ First Minister Casey Costello orders 50% cut to excise tax on heated tobacco products. The minister has ...
    The KakaBy Bernard Hickey
    1 week ago
  • Weekly Roundup 19-July-2024

    Kia ora, it’s time for another Friday roundup, in which we pull together some of the links and stories that caught our eye this week. Feel free to add more in the comments! Our header image this week shows a foggy day in Auckland town, captured by Patrick Reynolds. ...
    Greater AucklandBy Greater Auckland
    1 week ago
  • Weekly Climate Wrap: A market-led plan for failure

    TL;DR : Here’s the top six items climate news for Aotearoa this week, as selected by Bernard Hickey and The Kākā’s climate correspondent Cathrine Dyer. A discussion recorded yesterday is in the video above and the audio of that sent onto the podcast feed.The Government released its draft Emissions Reduction ...
    The KakaBy Bernard Hickey
    1 week ago
  • Tobacco First

    Save some money, get rich and old, bring it back to Tobacco Road.Bring that dynamite and a crane, blow it up, start all over again.Roll up. Roll up. Or tailor made, if you prefer...Whether you’re selling ciggies, digging for gold, catching dolphins in your nets, or encouraging folks to flutter ...
    Nick’s KōreroBy Nick Rockel
    1 week ago
  • Trump’s Adopted Son.

    Waiting In The Wings: For truly, if Trump is America’s un-assassinated Caesar, then J.D. Vance is America’s Octavian, the Republic’s youthful undertaker – and its first Emperor.DONALD TRUMP’S SELECTION of James D. Vance as his running-mate bodes ill for the American republic. A fervent supporter of Viktor Orban, the “illiberal” prime ...
    1 week ago
  • The Kākā’s Journal of Record for Friday, July 19

    TL;DR: As of 6:00 am on Friday, July 19, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day are:The PSA announced the Employment Relations Authority (ERA) had ruled in the PSA’s favour in its case against the Ministry ...
    The KakaBy Bernard Hickey
    1 week ago
  • The Hoon around the week to July 19

    TL;DR: The podcast above of the weekly ‘hoon’ webinar for paying subscribers last night features co-hosts and talking with:The Kākā’s climate correspondent talking about the National-ACT-NZ First Government’s release of its first Emissions Reduction Plan;University of Otago Foreign Relations Professor and special guest Dr Karin von ...
    The KakaBy Bernard Hickey
    1 week ago
  • Skeptical Science New Research for Week #29 2024

    Open access notables Improving global temperature datasets to better account for non-uniform warming, Calvert, Quarterly Journal of the Royal Meteorological Society: To better account for spatial non-uniform trends in warming, a new GITD [global instrumental temperature dataset] was created that used maximum likelihood estimation (MLE) to combine the land surface ...
    1 week ago

  • Joint statement from the Prime Ministers of Canada, Australia and New Zealand

    Australia, Canada and New Zealand today issued the following statement on the need for an urgent ceasefire in Gaza and the risk of expanded conflict between Hizballah and Israel. The situation in Gaza is catastrophic. The human suffering is unacceptable. It cannot continue.  We remain unequivocal in our condemnation of ...
    BeehiveBy beehive.govt.nz
    16 hours ago
  • AG reminds institutions of legal obligations

    Attorney-General Judith Collins today reminded all State and faith-based institutions of their legal obligation to preserve records relevant to the safety and wellbeing of those in its care. “The Abuse in Care Inquiry’s report has found cases where records of the most vulnerable people in State and faith‑based institutions were ...
    BeehiveBy beehive.govt.nz
    19 hours ago
  • More young people learning about digital safety

    Minister of Internal Affairs Brooke van Velden says the Government’s online safety website for children and young people has reached one million page views.  “It is great to see so many young people and their families accessing the site Keep It Real Online to learn how to stay safe online, and manage ...
    BeehiveBy beehive.govt.nz
    20 hours ago
  • Speech to the Conference for General Practice 2024

    Tēnā tātou katoa,  Ngā mihi te rangi, ngā mihi te whenua, ngā mihi ki a koutou, kia ora mai koutou. Thank you for the opportunity to be here and the invitation to speak at this 50th anniversary conference. I acknowledge all those who have gone before us and paved the ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • Employers and payroll providers ready for tax changes

    New Zealand’s payroll providers have successfully prepared to ensure 3.5 million individuals will, from Wednesday next week, be able to keep more of what they earn each pay, says Finance Minister Nicola Willis and Revenue Minister Simon Watts.  “The Government's tax policy changes are legally effective from Wednesday. Delivering this tax ...
    BeehiveBy beehive.govt.nz
    23 hours ago
  • Experimental vineyard futureproofs wine industry

    An experimental vineyard which will help futureproof the wine sector has been opened in Blenheim by Associate Regional Development Minister Mark Patterson. The covered vineyard, based at the New Zealand Wine Centre – Te Pokapū Wāina o Aotearoa, enables controlled environmental conditions. “The research that will be produced at the Experimental ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Funding confirmed for regions affected by North Island Weather Events

    The Coalition Government has confirmed the indicative regional breakdown of North Island Weather Event (NIWE) funding for state highway recovery projects funded through Budget 2024, Transport Minister Simeon Brown says. “Regions in the North Island suffered extensive and devastating damage from Cyclone Gabrielle and the 2023 Auckland Anniversary Floods, and ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Indonesian Foreign Minister to visit

    Indonesia’s Foreign Minister, Retno Marsudi, will visit New Zealand next week, Foreign Minister Winston Peters has announced.   “Indonesia is important to New Zealand’s security and economic interests and is our closest South East Asian neighbour,” says Mr Peters, who is currently in Laos to engage with South East Asian partners. ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Strengthening partnership with Ngāti Maniapoto

    He aha te kai a te rangatira? He kōrero, he kōrero, he kōrero. The government has reaffirmed its commitment to supporting the aspirations of Ngāti Maniapoto, Minister for Māori Development Tama Potaka says. “My thanks to Te Nehenehenui Trust – Ngāti Maniapoto for bringing their important kōrero to a ministerial ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Transport Minister thanks outgoing CAA Chair

    Transport Minister Simeon Brown has thanked outgoing Chair of the Civil Aviation Authority, Janice Fredric, for her service to the board.“I have received Ms Fredric’s resignation from the role of Chair of the Civil Aviation Authority,” Mr Brown says.“On behalf of the Government, I want to thank Ms Fredric for ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Test for Customary Marine Title being restored

    The Government is proposing legislation to overturn a Court of Appeal decision and amend the Marine and Coastal Area Act in order to restore Parliament’s test for Customary Marine Title, Treaty Negotiations Minister Paul Goldsmith says.  “Section 58 required an applicant group to prove they have exclusively used and occupied ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Opposition united in bad faith over ECE sector review

    Regulation Minister David Seymour says that opposition parties have united in bad faith, opposing what they claim are ‘dangerous changes’ to the Early Childhood Education sector, despite no changes even being proposed yet.  “Issues with affordability and availability of early childhood education, and the complexity of its regulation, has led ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Kiwis having their say on first regulatory review

    After receiving more than 740 submissions in the first 20 days, Regulation Minister David Seymour is asking the Ministry for Regulation to extend engagement on the early childhood education regulation review by an extra two weeks.  “The level of interest has been very high, and from the conversations I’ve been ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government upgrading Lower North Island commuter rail

    The Coalition Government is investing $802.9 million into the Wairarapa and Manawatū rail lines as part of a funding agreement with the NZ Transport Agency (NZTA), KiwiRail, and the Greater Wellington and Horizons Regional Councils to deliver more reliable services for commuters in the lower North Island, Transport Minister Simeon ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government moves to ensure flood protection for Wairoa

    Local Government Minister Simeon Brown has announced his intention to appoint a Crown Manager to both Hawke’s Bay Regional and Wairoa District Councils to speed up the delivery of flood protection work in Wairoa."Recent severe weather events in Wairoa this year, combined with damage from Cyclone Gabrielle in 2023 have ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • PM speech to Parliament – Royal Commission of Inquiry’s Report into Abuse in Care

    Mr Speaker, this is a day that many New Zealanders who were abused in State care never thought would come. It’s the day that this Parliament accepts, with deep sorrow and regret, the Report of the Royal Commission of Inquiry into Abuse in Care.  At the heart of this report are the ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government acknowledges torture at Lake Alice

    For the first time, the Government is formally acknowledging some children and young people at Lake Alice Psychiatric Hospital experienced torture. The final report of the Royal Commission of Inquiry into Abuse in State and Faith-based Care “Whanaketia – through pain and trauma, from darkness to light,” was tabled in Parliament ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government acknowledges courageous abuse survivors

    The Government has acknowledged the nearly 2,400 courageous survivors who shared their experiences during the Royal Commission of Inquiry into Historical Abuse in State and Faith-Based Care. The final report from the largest and most complex public inquiry ever held in New Zealand, the Royal Commission Inquiry “Whanaketia – through ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Half a million people use tax calculator

    With a week to go before hard-working New Zealanders see personal income tax relief for the first time in fourteen years, 513,000 people have used the Budget tax calculator to see how much they will benefit, says Finance Minister Nicola Willis.  “Tax relief is long overdue. From next Wednesday, personal income ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Paid Parental Leave improvements pass first reading

    Workplace Relations and Safety Minister Brooke van Velden says a bill that has passed its first reading will improve parental leave settings and give non-biological parents more flexibility as primary carer for their child. The Regulatory Systems Amendment Bill (No3), passed its first reading this morning. “It includes a change ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Rebuilding the economy through better regulation

    Two Bills designed to improve regulation and make it easier to do business have passed their first reading in Parliament, says Economic Development Minister Melissa Lee. The Regulatory Systems (Economic Development) Amendment Bill and Regulatory Systems (Immigration and Workforce) Amendment Bill make key changes to legislation administered by the Ministry ...
    BeehiveBy beehive.govt.nz
    3 days ago
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