National are scrambling to block the Left’s popular move on affordable housing.
Over at interest.co.nz this is the general reaction ->
“A little too late I think for Key to now bet againsts Labours’ and Greens’ “$300,000 house and cheap housing for life” offer”
“It’s a bit laughable really….National has been paying lip service to housing affordability over last four years…and they’ve probably just seen some results from polling and focus groups saying it’s a big issue and Labour has the edge”
But even more interesting ->
“I don’t hold out much faith. Had someone call in talkback yesterday saying they were at a trade/investor show in China a month or two ago and there was someone there from the NZ Ministry of Economic Development handing out taxpayer-printed glossy brochures touting to wealthy Chinese to invest their money in NZ. Amongst these, above all else there was alarge section encouraging investment in residential property, basically saying how easy and devoid of risk it was.”
Time to slam the door on immigration. Send most of them back to the 3rd World overcrowded, heavily polluted, corrupt, authoritarian hell holes they come from.
They don’t come here to contribute to our society but to take what they can of our dwindling economic pie.
Multiculturalism is an abject failure as admitted by Germany, France and Britain just recently.
There’s a huge difference between multiculturalism and immigrants who come here to make a better life for themselves and foreign investors who have no real care about what happens in New Zealand apart from the money they can make. So let’s not confuse these two things kiwi_prometheus in some sort of racist diatribe that has no basis in reality.
Immigration in itself is not a bad thing as long as government’s aren’t changing the system to disenfranchise local inhabitants in order to promote it. Immigrants who want to integrate themselves into New Zealand and bring additional skills and culture should be welcomed, because without that we will become even more isolated and backwards.
But I digress… What Eddies’s post highlights for me is the complete hospital pass the media has given National concerning their announcement to “reboot” apprenticeships. There’s been no proper analysis of the propaganda and therefore no journalistic integrity within the MSM. The public is largely left believing that National gives a stuff, when the numbers clearly show they don’t.
“The public is largely left believing that National gives a stuff”
I dunno about that, the comments from interest.co.nz suggest there is a lot of skepticism. The public generally are cynical about politicians motives.
“There’s a huge difference between multiculturalism and immigrants who come here to make a better life for themselves and foreign investors who have no real care…Immigrants who want to integrate themselves into New Zealand and bring additional skills and culture should be welcomed…”
There are way too many getting in. Slam the door shut. The issue with rich Chinese investors given the kind of access that exists no where else in the world is just the latest example of what has been going on – with lots of cheer leading from the Multicults.
We need the skills? Train up our kids – 20% unemployed = GREAT DEPRESSION ERA STATS.
Culture? Give me a break – NZ already has a rich culture and history. It needs to be protected not exposed to Globalisation and the teeming billions looking to escape hell on earth.
A few is ok so don’t call me a racist again. But it has gone way, way to far, but the Multicults are blinded by their own sanctimonious rhetoric.
There are way too many getting in. Slam the door shut.
I’m pretty sure there was no net gain in population due to immigration last year. So the problem is too many Kiwi’s leaving and not having children because of economic repression.
Immigration is currently the only way to ensure our population stays the same and this is important because population has a direct impact on the economy. If our population declines too much so will our economy further decline into another recession.
New Zealand has a rich culture, but it can only be enhanced through diversity and multiculturalism. I think you’ll find most New Zealander’s of ethnic origins will not agree with Chinese investors getting a free pass just because they’re greasing the palms of certain National MPs.
Of course the government should be ensuring people have the opportunities available to train here instead of just bringing in foreign workers. That’s obviously a lose lose situation for New Zealand and its population.
“I’m pretty sure there was no net gain in population”
Sure I know, but that doesn’t change the fact there are too many immigrants, especially from Asia.
“too many Kiwi’s leaving and not having children because of economic repression.”
Yep, need to deal with that.
“Immigration is currently the only way to ensure our population stays the same”
So taken to its end logic, all real NZers will be in Australia, while NZ will be over run with immigrants – mostly Asian. They’ll rename it New Asia or something.
Very stupid reason to flood our society with 3rd worlders.
Take a look at Britain, France, Germany – what an epic failure Multiculturalism is there.
“it can only be enhanced through diversity and multiculturalism.”
Only?
No, we need to preserve our Western heritage – there’s only a few million of us, there are literally billions of Asians.
Is China multicultural?
Is Japan multicultural?
Is Indonesia multicultural?
No, they protect their own cultures. Not that anyone from the West would want to live in those overcrowded, polluted, corrupt, racist, authoritarian places even if they did get a genuine invite.
“India and China are the economic powerhouses of the 21st century mate.”
Even if I accept that is the case, how that justifies flooding NZ with 3rd worlders I don’t know.
These “emerging markets” having been doing just that, “emerging”, for how many decades now? China is flat lining – no more crazy growth, rapidly aging population, vast majority of them still on $2 a day or something.
Yeah China went from not being able to manufacture decent steel 40 years ago to manufacturing a million iPhones and iPads a month. Nothing to see here.
India and China are not the economic powerhouses of the 21st century. You’ll find most scholars find it unlikely that China will be able to reach the status of the USA unless it undergoes huge change. It’s political system, economic system in which the middle and low class are suppressed in favour of the big state owned companies, social inequality which will eventually bring conflict and its shot to its own foot in the form of its one child policy that means it now has a huge number of old people and much less youth, all mean that it will struggle to reach super power status. India perhaps could but it has more than a century of work to go to rid itself of corruption and social issues. The 21st century will see the USA decline but no other power will supersede it and the world will be made up of alliances and regional blocs allied to one another.
Do you know that major group of immigrant is from UK and Australia. Do you still want to slam the door shut. What do we do next once we have shut the door about people who are already here?
Houses are expensive in certain places around the country, that is indeed true.
What Labour is proposing is going to drive the house prices significantly, lots and lots of people who currently own a house aren’t going to be too impressed when their one major asset plummets in value.
According to the last census over 1.5 million people own of partially own their own house, that’s a truck load of votes right there.
To put it that into perspective at the last election only 2.2million people voted, threaten the value of peoples one major asset and Labour will be obliterated.
That’s very arguable, as the types of houses Labour’s plan are to build are firmly in the ‘starter’ home segment which is sort of the bottom quartile of houses, where most of the 1.5m who own their own homes, logically only 25% of them fit into that quartile. Furthermore, many of those 1.5m who own homes would like it if their children would move out and buy their own home, and don’t particularly want to act as guarantors on mortgages, so they would likely welcome an expansion in the lower segment of the market.
Really the people who won’t like it are landlords, not owner-occupiers.
You don’t think chucking an extra 100,000 below market value homes into the housing mix won’t have some effect on house prices.
Just raising another point, who do you think that 25% of home owners that you mentioned would vote for?, I’m guessing Labour voters, hmmm bit of a dilemma that.
Also, landlords
You’d be surprised how many are just Mum and Dad investors, trying to build up a nest egg for their retirement.
“You don’t think chucking an extra 100,000 below market value homes into the housing mix won’t have some effect on house prices.”
I hope it does. For too long people having been living in vastly overvalued homes.
Some may well be in negative equity. They will have to accept the market fucked them.
“Also, landlords
You’d be surprised how many are just Mum and Dad investors, trying to build up a nest egg for their retirement.”
That’s relative. I could just as easily be old and very wise, depending on the reference point.
“So a large chunk of home owners are going to see their one major asset decrease in value over the next 5-10 years.”
That’s what happens when the housing market is filled with speculators seeking tax free profits. It goes boom, it goes bust. People get hurt, hence the need for action by the Greens and Labour.
You can hate the equaliser if you like, but it’s greed and money lust that causes the mess.
“Looks like voter poison to me.”
I guess nobody likes being told they were conned, but like Lennon wrote “I tell them there’s no problem, only solutions”.
A transaction tax would have been taking care of the speculators. Equally, taxing the tax haven of trust accounts. However, the generation with none of these luxuries,going into retirement in 10-15 years will be the hardest hit since WWII. If they get a pension it will be too little to live on and too much to die. Any property (most likely the home the person(s) live in) that is now being made worthless takes also the savings away that was to have a greater ROI as any savings account or shares(yes this is the twice burned generation in regards to that investment). So in other words, you just want to have a slice and the people who have saved and not spent their money on takeaways, fast cars, iphones and pods get shafted – once more.
One wonders why bother at all, don’t you?
The housing policy of both the Labour and Green Party’s have been well signaled along with the unaffordability of both buying and renting homes in the areas that will be targeted to build the bulk of the 100,000 homes in,
There will be a 3-5 year time lag between the start of the build and it’s ultimate INTENDED effect becoming apparent in the housing sector, this intended effect is to lower the cost of buying and renting a home,
It then behooves those who would not have property as an investment if the returns of both rentals and capital gains were not on a continuing upward track to divest themselves of such investments should they no longer like the perceived future returns on such investments…
That all depends on how many ignorant money grubbing scum there are who don’t realise there’s not enough houses to accomodate everyone. Some people might even realise there is a housing crisis but not give a damn because it makes them money. These people are traditionally National and Act voters anyway.
The benefits to reducing overcrowding and homelessness will also have flow on effects to home owners, who by and large understand the cost of having a dysfunctional housing system. The market has simply not delivered, and it is well past time that the government did something about it.
“So a large chunk of home owners are going to see their one major asset decrease in value over the next 5-10 years.”
No, the price of houses will stabilise and stop climbing at such an accelerated pace. It is unlikely that house values will fall because of this policy, it simply isn’t large enough to do that.
What is really going to drop house values is when all of these baby boomers try to cash out on the “nest egg for their retirement” at the same time, thus flooding the market with supply.
The market won’t correct itself properly and we will continue to have falling home ownership levels, more overcrowding, increasing homelessness and inadequate housing charged out at exorbitant rates.
Landlords are overwhelmingly professional investors”
In terms of what, houses owned or people? Because like many areas, there will be a small number that own a lot of houses, but most houses that are rentals will be owned by people for whom it is their only rental.
You haven’t established that there will be any pain through devalued house prices. You also need to take into account people who are trying to purchase a new home, so prices plateauing or decreasing will be good for them, but not so good for our Australian owned banks. There will likely be a rebalance to the economy whereby more investment goes to productive industries. So in effect you’re arguing against New Zealands economic recovery… Are you perhaps a National voter BM?
BM, if you have a better solution, or for that matter even a simple alternative plan, to enable a rebalancing the skewed property market values then please share it, we’re all ears.
The issue with house prices is not the house but with the land.
Free up more land, lower consent costs and you’re 90% of the way there.
in 2000, you could pick up an 800sqm section for 50-70k in a good area, that same section is now 1/4 million+.
This is the issue.
Do you have any evidence that the cost per sqm to build houses hasen’t increased much in the last 10 years BM? Or is this just more uneducated waffling?
With overall construction costs in the order of 15-25% lower in Australia, there is clearly a problem with our supply chain here in New Zealand. Once again it’s a problem the market will not fix on its own.
$1,000 per square metre is now at the very lower end of the scale.
If you get a chance look at the Modul House Price Index book and you will see that $1,000 is very low for what is generally expected.
My quote ball park has risen from approx $1100m2 to $1600 m2 between 2000 and 2010.
Note. Back then I could get a house prefabbed in NZ sourced materials in Australia, ship it over here and still undercut NZ materials prices.
We are ripped off for materials in NZ. Houses in oz are about the same money even though Aussie builders earn twice as much as Kiwi ones.
Havn’t done any building for more than three years now. But I expect $1700 per m2 is realistic at the moment.
That rise has all been in materials and council charges. The labour rate has stayed the same against inflation.
Still makes a 100m2 3 bedroom house, in good standard materials about 160k. Even less if we are doing prefab to the same plan and bulk buying materials.
Not 300k as some seem to think.
Of course it will
I was just pointing out the dangers that labour faces with kiwi build and how people may react to it, not so much about keep house prices inflated.
With kiwi build ,Shearer and labour are going to put themselves directly in the firing line of a large % of pissed off home owners and could get politically slaughtered because of it.
While Nationals plan of freeing up land and lowering consent costs will see the councils cop all the flak and they will come away unscathed.
Or perhaps we could become the Iceland of the South Pacific…..
A country that was in the same position as Greece but just chose a different path to deal with it.
Yeah the evil bankers got told to eat shit when they tried to socialise their ponzi scheme losses.
Awesome!
You know it isn’t a half bad idea – imagine if Keys announced on the 6 news tonight that as of tomorrow there will be a 75% capital gains tax on 2nd properties, Reserve Bank directed to block 100%+ mortgages, massive Govt public housing build, streamline local council BS, slam door on immigrants.
Watch the pandemonium break out followed swiftly by real green shoots economy.
Well like I said before, we can keep kicking the can down the road if you like, a slow steady economic decline and stagnation, punctuated by overnight crises and with the constant risk the whistle is blown from outside NZ on the ponzi scheme confidence game.
Or consciously deal with the problem in a timely, considered manner.
None of us are going to be happy that the price of our largest investment/ retirement nest egg has dropped.
Though most of us will get over it when we find that someone in the next generation can, actually, afford to buy our family home, and that beach retirement house no longer costs 550k.
Even though we know it is necessary both economically and socially that land prices reflect the incomes that can be earned from it. (Agricultural land is overvalued also meaning far too much of our farm earnings head offshore as interest).
That is why both Labour and National will not bite the bullet and make sure house prices drop. Easy enough to do. Limit bank lending ratios, limit foreign ownership and supply state housing.
It is better for their election prospects that they can blame “the market”.
The problem is the “market” incentives are all for banks to push land prices upwards, to make sure they continue to get increasing interest income. While we continue to have, effectively, much lower disposable income, because so much is tied up in land.
And. I agree, a “Labour” party should be talking about re-empowering workers to get a fair share of the wealth they create.
Its the rates, every time a discussion like that ensues there is a reversal further down the line. Mostly by the time the local council is advising on the new rates. If that does not happen, the council will have to get the central govt to bail them out. A typical money go round set up. I like to see a/ capital gains tax, b/ trust funds are being taxed normally and c/ local bodies have a very specific field of activity. This would relate to i.e. water, fresh and storm, rubbish, infrastructure such as roading, parks and street lighting etc., whereby parks should be restricted in size otherwise falling under DOC. Most of all, a transparent system that shows where the moneys are going – in detail.
I think restricting foreign ownership has to be more specific. Surely, a family moving into their home is something different than the large farms buy up of recent times. And you are right, banks should have the same criteria for lending money to a ratio that is sustainable – and this should apply for all loans, private and business. No more bailing out.
Since NZ has an insane car culture (foisted on it by oil companies and heavily promoted by the corrupt NZ media) building more roads is obviously a winner.
Never mind that we are living in post Peak Oil world or that we are in the early stages of Abrupt Climate Change, due in a large part to transport emissions.
The profits of corporations comes ahead of everything (well almost everything: obviously the profits of banks and the maintenance of their Ponzi scheme comes first! Without that there would be no backhanders to opportunists like Key.).
Yes, but the public transport is beyond belief compared to overseas. With the 24/7 economy and people living were they can afford to pay the rent no wonder that cars are the main means of transport. PT works on the schedule of school kids more than anybody else. Increasing the frequency and loops/stops would cost too much money. Look at what a train ticket costs. And to top it all off, the no train, no bus days – for what ever reason – is another issue. As long as there is no reliable service that caters to the majority there will be plenty of cars on the road.
“Labour leader David Shearer has conceded his party’s affordable housing policy will only be able to deliver small apartments or terraced housing in Auckland for the $300,000 price tag – while standalone family homes are more likely to cost up to $550,000.”
I doubt that even a terraced house or apartment is a shitty proposition for someone living and working in Auckland without a snowballs chance in hell of buying a home in the current market.
I imagine to them, this will be a dream come true.
Pretty straightforward illustration of why there’s none of the 170,000 jobs promised in Budget 2011.
Actually 170,000 seems to be one of those sticky numbers with that many unemployed and the only plan is an apprenticeship scheme 12 times smaller than the money already taken out of trades training. Is anyone in the MSM counting?
The road transport lobby group is as good as the Italian mafia in getting money out of the government. When I visited Naples years ago I saw useless highways leading to sports stadia, rarely used, and was told that this was built by the local mafia lobby.
There’s no use in training lots of skilled workers – NACT has managed NZ so there is less and less business. The only business that gets talked about is rebuilding after an earthquake, or housing the unfortunate low wage employed, underemployed or unemployed. Apart from dairy and tourism business, and road transport and making, enterprise cannot flourish.
Further the NACTs insist on wrecking businesses and destroying investment as with their mad Picton ferry rerouting idea. An enterprise-rich, profit centre is to be starved of important numbers of visitors for the sake of road transport saving some costs and having shorter trips.
Picton must be retained as it is. Clifford Bay scheme has involved Chinese financiers, and while it may give a testosterone injection to be dealing with big loans with powerful international moneymen, it is not to our advantage as NZs in this case.
Shell, BP, Mobil etc. run the government…… along with the Rothschilds of course. Whichever party is in power.
Monsanto would like a bigger share of the cake and the bought-and-paid-for liars in parliament are in the process of handing Monsanto a bigger share via the ‘Food Safety’ Bill.
Up and coming are various Chinese corporations.
Spread your legs and get raped NZ, it’s good for you.
My worry is that they’re predominently “bottoms” – lubricant or not. There’s the occasional “top” that emerges from time to time – the trouble is – is that they’re total fuckwits – often called Trev!
Yay, using sexual violence as a metaphor for something which isn’t sexual violence, that’s totally awesome and cool and edgy and not dismissive of real victims! Yaaaaaaaay!
Why not show the amount they have ear marked for welfare, corrections, education, health? Or Len’s $2.2bil train set?
Wouldn’t it be more expensive for south Auckland residents to use the existing route to see their mates out West? Don’t the trucks need to move the goods through Otaki for Wellington to dine on?
Four eighty-year-old books which are still vitally relevant today. Between 1942 and 1945, four refugees from Vienna each published a ground-breaking – seminal – book.* They left their country after Austria was taken over by fascists in 1934 and by Nazi Germany in 1938. Previously they had lived in ‘Red ...
Good Friday, 18th April, 2025: I can at last unveil the Secret Non-Fiction Project. The first complete Latin-to-English translation of Giovanni Pico della Mirandola’s twelve-book Disputationes adversus astrologiam divinatricem (Disputations Against Divinatory Astrology). Amounting to some 174,000 words, total. Some context is probably in order. Giovanni Pico della Mirandola (1463-1494) ...
National MP Hamish Campbell's pathetic attempt to downplay his deep ties to and involvement in the Two by Twos...a secretive religious sect under FBI and NZ Police investigation for child sexual abuse...isn’t just a misstep; it’s a calculated lie that insults the intelligence of every Kiwi voter.Campbell’s claim of being ...
New Zealand First’s Shane Jones has long styled himself as the “Prince of the Provinces,” a champion of regional development and economic growth. But beneath the bluster lies a troubling pattern of behaviour that reeks of cronyism and corruption, undermining the very democracy he claims to serve. Recent revelations and ...
Give me one reason to stay hereAnd I'll turn right back aroundGive me one reason to stay hereAnd I'll turn right back aroundSaid I don't want to leave you lonelyYou got to make me change my mindSongwriters: Tracy Chapman.Morena, and Happy Easter, whether that means to you. Hot cross buns, ...
New Zealand’s housing crisis is a sad indictment on the failures of right wing neoliberalism, and the National Party, under Chris Luxon’s shaky leadership, is trying to simply ignore it. The numbers don’t lie: Census data from 2023 revealed 112,496 Kiwis were severely housing deprived...couch-surfing, car-sleeping, or roughing it on ...
The podcast above of the weekly ‘Hoon’ webinar for paying subscribers on Thursday night features co-hosts & talking about the week’s news with regular and special guests, including: on a global survey of over 3,000 economists and scientists showing a significant divide in views on green growth; and ...
Simeon Brown, the National Party’s poster child for hubris, consistently over-promises and under-delivers. His track record...marked by policy flip-flops and a dismissive attitude toward expert advice, reveals a politician driven by personal ambition rather than evidence. From transport to health, Brown’s focus seems fixed on protecting National's image, not addressing ...
Open access notables Recent intensified riverine CO2 emission across the Northern Hemisphere permafrost region, Mu et al., Nature Communications:Global warming causes permafrost thawing, transferring large amounts of soil carbon into rivers, which inevitably accelerates riverine CO2 release. However, temporally and spatially explicit variations of riverine CO2 emissions remain unclear, limiting the ...
Once a venomous thorn in New Zealand’s blogosphere, Cathy Odgers, aka Cactus Kate, has slunk into the shadows, her once-sharp quills dulled by the fallout of Dirty Politics.The dishonest attack-blogger, alongside her vile accomplices such as Cameron Slater, were key players in the National Party’s sordid smear campaigns, exposed by Nicky ...
Once upon a time, not so long ago, those who talked of Australian sovereign capability, especially in the technology sector, were generally considered an amusing group of eccentrics. After all, technology ecosystems are global and ...
The ACT Party leader’s latest pet project is bleeding taxpayers dry, with $10 million funneled into seven charter schools for just 215 students. That’s a jaw-dropping $46,500 per student, compared to roughly $9,000 per head in state schools.You’d think Seymour would’ve learned from the last charter school fiasco, but apparently, ...
India navigated relations with the United States quite skilfully during the first Trump administration, better than many other US allies did. Doing so a second time will be more difficult, but India’s strategic awareness and ...
The NZCTU Te Kauae Kaimahi is concerned for low-income workers given new data released by Stats NZ that shows inflation was 2.5% for the year to March 2025, rising from 2.2% in December last year. “The prices of things that people can’t avoid are rising – meaning inflation is rising ...
Last week, the Parliamentary Commissioner for the Environment recommended that forestry be removed from the Emissions Trading Scheme. Its an unfortunate but necessary move, required to prevent the ETS's total collapse in a decade or so. So naturally, National has told him to fuck off, and that they won't be ...
China’s recent naval circumnavigation of Australia has highlighted a pressing need to defend Australia’s air and sea approaches more effectively. Potent as nuclear submarines are, the first Australian boats under AUKUS are at least seven ...
In yesterday’s post I tried to present the Reserve Bank Funding Agreement for 2025-30, as approved by the Minister of Finance and the Bank’s Board, in the context of the previous agreement, and the variation to that agreement signed up to by Grant Robertson a few weeks before the last ...
Australia’s bid to co-host the 31st international climate negotiations (COP31) with Pacific island countries in late 2026 is directly in our national interest. But success will require consultation with the Pacific. For that reason, no ...
Old and outdated buildings being demolished at Wellington Hospital in 2018. The new infrastructure being funded today will not be sufficient for future population size and some will not be built by 2035. File photo: Lynn GrievesonLong stories short from our political economy on Thursday, April 17:Simeon Brown has unveiled ...
The introduction of AI in workplaces can create significant health and safety risks for workers (such as intensification of work, and extreme surveillance) which can significantly impact workers’ mental and physical wellbeing. It is critical that unions and workers are involved in any decision to introduce AI so that ...
Donald Trump’s return to the White House and aggressive posturing is undermining global diplomacy, and New Zealand must stand firm in rejecting his reckless, fascist-driven policies that are dragging the world toward chaos.As a nation with a proud history of peacekeeping and principled foreign policy, we should limit our role ...
Sunday marks three months since Donald Trump’s inauguration as US president. What a ride: the style rude, language raucous, and the results rogue. Beyond manners, rudeness matters because tone signals intent as well as personality. ...
There are any number of reasons why anyone thinking of heading to the United States for a holiday should think twice. They would be giving their money to a totalitarian state where political dissenters are being rounded up and imprisoned here and here, where universities are having their funds for ...
Taiwan has an inadvertent, rarely acknowledged role in global affairs: it’s a kind of sponge, soaking up much of China’s political, military and diplomatic efforts. Taiwan soaks up Chinese power of persuasion and coercion that ...
The Ukraine war has been called the bloodiest conflict since World War II. As of July 2024, 10,000 women were serving in frontline combat roles. Try telling them—from the safety of an Australian lounge room—they ...
Following Canadian authorities’ discovery of a Chinese information operation targeting their country’s election, Australians, too, should beware such risks. In fact, there are already signs that Beijing is interfering in campaigning for the Australian election ...
This video includes personal musings and conclusions of the creator climate scientist Dr. Adam Levy. It is presented to our readers as an informed perspective. Please see video description for references (if any). From "founder" of Tesla and the OG rocket man with SpaceX, and rebranding twitter as X, Musk has ...
Back in February 2024, a rat infestation attracted a fair few headlines in the South Dunedin Countdown supermarket. Today, the rats struck again. They took out the Otago-Southland region’s internet connection. https://www.stuff.co.nz/nz-news/360656230/internet-outage-hits-otago-and-southland Strictly, it was just a coincidence – rats decided to gnaw through one fibre cable, while some hapless ...
I came in this morning after doing some chores and looked quickly at Twitter before unpacking the groceries. Someone was retweeting a Radio NZ story with the headline “Reserve Bank’s budget to be slashed by 25%”. Wow, I thought, the Minister of Finance has really delivered this time. And then ...
So, having teased it last week, Andrew Little has announced he will run for mayor of Wellington. On RNZ, he's saying its all about services - "fixing the pipes, making public transport cheaper, investing in parks, swimming pools and libraries, and developing more housing". Meanwhile, to the readers of the ...
And what rough beast, its hour come round at last,Slouches towards Bethlehem to be born?W.B. Yeats, The Second Coming, 1921ALL OVER THE WORLD, devout Christians will be reaching for their bibles, reading and re-reading Revelation 13:16-17. For the benefit of all you non-Christians out there, these are the verses describing ...
Give me what I want, what I really, really want: And what India really wants from New Zealand isn’t butter or cheese, but a radical relaxation of the rules controlling Indian immigration.WHAT DOES INDIA WANT from New Zealand? Not our dairy products, that’s for sure, it’s got plenty of those. ...
In the week of Australia’s 3 May election, ASPI will release Agenda for Change 2025: preparedness and resilience in an uncertain world, a report promoting public debate and understanding on issues of strategic importance to ...
Yesterday, 5,500 senior doctors across Aotearoa New Zealand voted overwhelmingly to strike for a day.This is the first time in New Zealand ASMS members have taken strike action for 24 hours.They are asking the government tofund them and account for resource shortfalls.Vacancies are critical - 45-50% in some regions.The ...
For years and years and years, David Seymour and his posse of deluded neoliberals have been preaching their “tough on crime” gospel to voters. Harsher sentences! More police! Lock ‘em up! Throw away the key. But when it comes to their own, namely former Act Party president Tim Jago, a ...
Judith Collins is a seasoned master at political hypocrisy. As New Zealand’s Defence Minister, she's recently been banging the war drum, announcing a jaw-dropping $12 billion boost to the defence budget over the next four years, all while the coalition of chaos cries poor over housing, health, and education.Apparently, there’s ...
I’m on the London Overground watching what the phones people are holding are doing to their faces: The man-bun guy who could not be less impressed by what he's seeing but cannot stop reading; the woman who's impatient for a response; the one who’s frowning; the one who’s puzzled; the ...
You don't have no prescriptionYou don't have to take no pillsYou don't have no prescriptionAnd baby don't have to take no pillsIf you come to see meDoctor Brown will cure your ills.Songwriters: Waymon Glasco.Dr Luxon. Image: David and Grok.First, they came for the Bottom FeedersAnd I did not speak outBecause ...
The Health Minister says the striking doctors already “well remunerated,” and are “walking away from” and “hurting” their patients. File photo: Lynn GrievesonLong stories short from our political economy on Wednesday, April 16:Simeon Brown has attacked1 doctors striking for more than a 1.5% pay rise as already “well remunerated,” even ...
The time is ripe for Australia and South Korea to strengthen cooperation in space, through embarking on joint projects and initiatives that offer practical outcomes for both countries. This is the finding of a new ...
Hi,When Trump raised tariffs against China to 145%, he destined many small businesses to annihilation. The Daily podcast captured the mass chaos by zooming in and talking to one person, Beth Benike, a small-business owner who will likely lose her home very soon.She pointed out that no, she wasn’t surprised ...
National’s handling of inflation and the cost-of-living crisis is an utter shambles and a gutless betrayal of every Kiwi scraping by. The Coalition of Chaos Ministers strut around preaching about how effective their policies are, but really all they're doing is perpetuating a cruel and sick joke of undelivered promises, ...
Most people wouldn't have heard of a little worm like Rhys Williams, a so-called businessman and former NZ First member, who has recently been unmasked as the venomous troll behind a relentless online campaign targeting Green Party MP Benjamin Doyle.According to reports, Williams has been slinging mud at Doyle under ...
Illustration credit: Jonathan McHugh (New Statesman)The other day, a subscriber said they were unsubscribing because they needed “some good news”.I empathised. Don’t we all.I skimmed a NZME article about the impacts of tariffs this morning with analysis from Kiwibank’s Jarrod Kerr. Kerr, their Chief Economist, suggested another recession is the ...
Let’s assume, as prudence demands we assume, that the United States will not at any predictable time go back to being its old, reliable self. This means its allies must be prepared indefinitely to lean ...
Over the last three rather tumultuous US trade policy weeks, I’ve read these four books. I started with Irwin (whose book had sat on my pile for years, consulted from time to time but not read) in a week of lots of flights and hanging around airports/hotels, and then one ...
Indonesia could do without an increase in military spending that the Ministry of Defence is proposing. The country has more pressing issues, including public welfare and human rights. Moreover, the transparency and accountability to justify ...
Former Hutt City councillor Chris Milne has slithered back into the spotlight, not as a principled dissenter, but as a vindictive puppeteer of digital venom. The revelations from a recent court case paint a damning portrait of a man whose departure from Hutt City Council in 2022 was merely the ...
That's the conclusion of a report into security risks against Green MP Benjamin Doyle, in the wake of Winston Peters' waging a homophobic hate-campaign against them: GRC’s report said a “hostility network” of politicians, commentators, conspiracy theorists, alternative media outlets and those opposed to the rainbow community had produced ...
That's the conclusion of a report into security risks against Green MP Benjamin Doyle, in the wake of Winston Peters' waging a homophobic hate-campaign against them: GRC’s report said a “hostility network” of politicians, commentators, conspiracy theorists, alternative media outlets and those opposed to the rainbow community had produced ...
National Party MP Hamish Campbell’s ties to the secretive Two By Twos "church" raises serious questions that are not being answered. This shadowy group, currently being investigated by the FBI for numerous cases of child abuse, hides behind a facade of faith while Campbell dodges scrutiny, claiming it’s a “private ...
National Party MP Hamish Campbell’s ties to the secretive Two By Twos "church" raises serious questions that are not being answered. This shadowy group, currently being investigated by the FBI for numerous cases of child abuse, hides behind a facade of faith while Campbell dodges scrutiny, claiming it’s a “private ...
The economy is not doing what it was supposed to when PM Christopher Luxon said in January it was ‘going for growth.’ Photo: Lynn Grieveson / The KākāLong stories short from our political economy on Tuesday, April 15:New Zealand’s economic recovery is stalling, according to business surveys, retail spending and ...
This is a guest post by Lewis Creed, managing editor of the University of Auckland student publication Craccum, which is currently running a campaign for a safer Symonds Street in the wake of a horrific recent crash.The post has two parts: 1) Craccum’s original call for safety (6 ...
NZCTU President Richard Wagstaff has published an opinion piece which makes the case for a different approach to economic development, as proposed in the CTU’s Aotearoa Reimagined programme. The number of people studying to become teachers has jumped after several years of low enrolment. The coalition has directed Health New ...
The growth of China’s AI industry gives it great influence over emerging technologies. That creates security risks for countries using those technologies. So, Australia must foster its own domestic AI industry to protect its interests. ...
Unfortunately we have another National Party government in power at the moment, and as a consequence, another economic dumpster fire taking hold. Inflation’s hurting Kiwis, and instead of providing relief, National is fiddling while wallets burn.Prime Minister Chris Luxon's response is a tired remix of tax cuts for the rich ...
Girls who are boys who like boys to be girlsWho do boys like they're girls, who do girls like they're boysAlways should be someone you really loveSongwriters: Damon Albarn / Graham Leslie Coxon / Alexander Rowntree David / Alexander James Steven.Last month, I wrote about the Birds and Bees being ...
Australia needs to reevaluate its security priorities and establish a more dynamic regulatory framework for cybersecurity. To advance in this area, it can learn from Britain’s Cyber Security and Resilience Bill, which presents a compelling ...
Deputy PM Winston Peters likes nothing more than to portray himself as the only wise old head while everyone else is losing theirs. Yet this time, his “old master” routine isn’t working. What global trade is experiencing is more than the usual swings and roundabouts of market sentiment. President Donald ...
President Trump’s hopes of ending the war in Ukraine seemed more driven by ego than realistic analysis. Professor Vladimir Brovkin’s latest video above highlights the internal conflicts within the USA, Russia, Europe, and Ukraine, which are currently hindering peace talks and clarity. Brovkin pointed out major contradictions within ...
In the cesspool that is often New Zealand’s online political discourse, few figures wield their influence as destructively as Ani O’Brien. Masquerading as a champion of free speech and women’s rights, O’Brien’s campaigns are a masterclass in bad faith, built on a foundation of lies, selective outrage, and a knack ...
The international challenge confronting Australia today is unparalleled, at least since the 1940s. It requires what the late Brendan Sargeant, a defence analyst, called strategic imagination. We need more than shrewd economic manoeuvring and a ...
This year's General Assembly of the European Geosciences Union (EGU) will take place as a fully hybrid conference in both Vienna and online from April 27 to May 2. This year, I'll join the event on site in Vienna for the full week and I've already picked several sessions I plan ...
Here’s a book that looks not in at China but out from China. David Daokui Li’s China’s World View: Demystifying China to Prevent Global Conflict is a refreshing offering in that Li is very much ...
The New Zealand National Party has long mastered the art of crafting messaging that resonates with a large number of desperate, often white middle-class, voters. From their 2023 campaign mantra of “getting our country back on track” to promises of economic revival, safer streets, and better education, their rhetoric paints ...
A global contest of ideas is underway, and democracy as an ideal is at stake. Democracies must respond by lifting support for public service media with an international footprint. With the recent decision by the ...
It is almost six weeks since the shock announcement early on the afternoon of Wednesday 5 March that the Governor of the Reserve Bank, Adrian Orr, was resigning effective 31 March, and that in fact he had already left and an acting Governor was already in place. Orr had been ...
The PSA surveyed more than 900 of its members, with 55 percent of respondents saying AI is used at their place of work, despite most workers not being in trained in how to use the technology safely. Figures to be released on Thursday are expected to show inflation has risen ...
Be on guard for AI-powered messaging and disinformation in the campaign for Australia’s 3 May election. And be aware that parties can use AI to sharpen their campaigning, zeroing in on issues that the technology ...
Strap yourselves in, folks, it’s time for another round of Arsehole of the Week, and this week’s golden derrière trophy goes to—drumroll, please—David Seymour, the ACT Party’s resident genius who thought, “You know what we need? A shiny new Treaty Principles Bill to "fix" all that pesky Māori-Crown partnership nonsense ...
Apple Store, Shanghai. Trump wants all iPhones to be made in the USM but experts say that is impossible. Photo: Getty ImagesLong stories shortist from our political economy on Monday, April 14:Donald Trump’s exemption on tariffs on phones and computers is temporary, and he wants all iPhones made in the ...
Kia ora, readers. It’s time to pull back the curtain on some uncomfortable truths about New Zealand’s political landscape. The National Party, often cloaked in the guise of "sensible centrism," has, at times, veered into territory that smells suspiciously like fascism.Now, before you roll your eyes and mutter about hyperbole, ...
Australia’s east coast is facing a gas crisis, as the country exports most of the gas it produces. Although it’s a major producer, Australia faces a risk of domestic liquefied natural gas (LNG) supply shortfalls ...
After stonewalling requests for information on boot camps, the Government has now offered up a blog post right before Easter weekend rather than provide clarity on the pilot. ...
More people could be harmed if Minister for Mental Health Matt Doocey does not guarantee to protect patients and workers as the Police withdraw from supporting mental health call outs. ...
The Green Party recognises the extension of visa allowances for our Pacific whānau as a step in the right direction but continues to call for a Pacific Visa Waiver. ...
The Government yesterday released its annual child poverty statistics, and by its own admission, more tamariki across Aotearoa are now living in material hardship. ...
Today, Te Pāti Māori join the motu in celebration as the Treaty Principles Bill is voted down at its second reading. “From the beginning, this Bill was never welcome in this House,” said Te Pāti Māori Co-Leader, Rawiri Waititi. “Our response to the first reading was one of protest: protesting ...
The Green Party is proud to have voted down the Coalition Government’s Treaty Principles Bill, an archaic piece of legislation that sought to attack the nation’s founding agreement. ...
A Member’s Bill in the name of Green Party MP Julie Anne Genter which aims to stop coal mining, the Crown Minerals (Prohibition of Mining) Amendment Bill, has been pulled from Parliament’s ‘biscuit tin’ today. ...
Labour MP Kieran McAnulty’s Members Bill to make the law simpler and fairer for businesses operating on Easter, Anzac and Christmas Days has passed its first reading after a conscience vote in Parliament. ...
Nicola Willis continues to sit on her hands amid a global economic crisis, leaving the Reserve Bank to act for New Zealanders who are worried about their jobs, mortgages, and KiwiSaver. ...
Today, the Oranga Tamariki (Repeal of Section 7AA) Amendment Bill has passed its third and final reading, but there is one more stage before it becomes law. The Governor-General must give their ‘Royal assent’ for any bill to become legally enforceable. This means that, even if a bill gets voted ...
Abortion care at Whakatāne Hospital has been quietly shelved, with patients told they will likely have to travel more than an hour to Tauranga to get the treatment they need. ...
Thousands of New Zealanders’ submissions are missing from the official parliamentary record because the National-dominated Justice Select Committee has rushed work on the Treaty Principles Bill. ...
Today’s announcement of 10 percent tariffs for New Zealand goods entering the United States is disappointing for exporters and consumers alike, with the long-lasting impact on prices and inflation still unknown. ...
The National Government’s choices have contributed to a slow-down in the building sector, as thousands of people have lost their jobs in construction. ...
Willie Apiata’s decision to hand over his Victoria Cross to the Minister for Veterans is a powerful and selfless act, made on behalf of all those who have served our country. ...
The Privileges Committee has denied fundamental rights to Debbie Ngarewa-Packer, Rawiri Waititi and Hana-Rawhiti Maipi-Clarke, breaching their own standing orders, breaching principles of natural justice, and highlighting systemic prejudice and discrimination within our parliamentary processes. The three MPs were summoned to the privileges committee following their performance of a haka ...
April 1 used to be a day when workers could count on a pay rise with stronger support for those doing it tough, but that’s not the case under this Government. ...
Winston Peters is shopping for smaller ferries after Nicola Willis torpedoed the original deal, which would have delivered new rail enabled ferries next year. ...
The Government should work with other countries to press the Myanmar military regime to stop its bombing campaign especially while the country recovers from the devastating earthquake. ...
Source: The Conversation (Au and NZ) – By Adrian Beaumont, Election Analyst (Psephologist) at The Conversation; and Honorary Associate, School of Mathematics and Statistics, The University of Melbourne Labor increased its lead again in a YouGov poll, but Freshwater put the party ahead by just 50.3–49.7. This article also covers ...
ER Report: Here is a summary of significant articles published on EveningReport.nz on April 18, 2025. Labor’s poll surge continues in YouGov, but they’re barely ahead in FreshwaterSource: The Conversation (Au and NZ) – By Adrian Beaumont, Election Analyst (Psephologist) at The Conversation; and Honorary Associate, School of Mathematics and ...
The only published and available best-selling indie book chart in New Zealand is the top 10 sales list recorded every week at Unity Books’ stores in High St, Auckland, and Willis St, Wellington.AUCKLAND1 Sunrise on the Reaping by Suzanne Collins (Scholastic, $30) Haymitch’s Hunger Games. 2 Careless People: A ...
Source: The Conversation (Au and NZ) – By Adrian Beaumont, Election Analyst (Psephologist) at The Conversation; and Honorary Associate, School of Mathematics and Statistics, The University of Melbourne Labor increased their lead again in a YouGov poll, but Freshwater put them ahead by just 50.3–49.7. This article also covers the ...
A new poem by Tusiata Avia. How to make a terrorist First make a whistling sound which is the sound of a bomb just before it lands on a house. Then make an exploding sound which is the sound of the bomb which kills a father, decapitates a mother, roasts ...
The top-rated Scrabble players in the country go head-to-head this Easter weekend. Watch games live from 9.30am on the stream below.How does it all work?The Masters is different to most Scrabble tournaments in that it’s invitational, open only to the top-rated players in the country. The ...
Books editor Claire Mabey appraises all the Austen-adapted films from 1990 onwards to separate the delightful from the duds.For the purists, read our ranking of Jane Austen’s novels here.It is a truth universally acknowledged that not everything is created equal. Since 1990 there have been 12 attempts to ...
To arrive through the heavy red door of Margot in Newtown is to be invited to the best dinner party in town, hosted by the best friends you haven’t yet made. Table Service is a column about food and hospitality in Wellington, written by Nick Iles.Hospitality is a term ...
Loading…(function(i,s,o,g,r,a,m){var ql=document.querySelectorAll('A[data-quiz],DIV[data-quiz]'); if(ql){if(ql.length){for(var k=0;k<ql.length;k++){ql[k].id='quiz-embed-'+k;ql[k].href="javascript:var i=document.getElementById('quiz-embed-"+k+"');try{qz.startQuiz(i)}catch(e){i.start=1;i.style.cursor='wait';i.style.opacity='0.5'};void(0);"}}};i['QP']=r;i[r]=i[r]||function(){(i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)})(window,document,'script','https://take.quiz-maker.com/3012/CDN/quiz-embed-v1.js','qp');Got a good quiz question?Send Newsroom your questions.The post Newsroom daily quiz, Friday 18 April appeared first on Newsroom. ...
NONFICTION1 No Words for This by Ali Mau (HarperCollins, $39.99)A free copy of the author’s new memoir was up for grabs in last week’s giveaway contest. Readers were asked to share their feelings about Mau, a former broadcaster and one of the most powerful figures in the New Zealand #metoo ...
Analysis: The announcement last week that Colossal Biosciences in the USA had “de-extincted” the dire wolf, which was last seen 13,000 years ago, was reported worldwide.The three wolf pups generated equal parts fascination and widespread scientific criticism. But is this actually de-extinction, and what are the implications for the potential ...
We recommend the best – and longest – television series to watch this holiday weekend. As the Easter holiday weekend descends and the weather turns a little grim, many of us will turn to the trusty old television for comfort and entertainment. If you’re lucky, you’ll have some time over ...
Source: The Conversation (Au and NZ) – By Gode Bola, Lecturer in Hydrology, University of Kinshasa The April 2025 flooding disaster in Kinshasa, the capital of the Democratic Republic of Congo, wasn’t just about intense rainfall. It was a symptom of recent land use change which has occurred rapidly in ...
Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Peter Dutton, now seriously on the back foot, has made an extraordinarily big “aspirational” commitment at the back end of this campaign. He says he wants to see a move to indexing personal income ...
Essay by Keith Rankin. Operation Gomorrah may have been the most cynical event of World War Two (WW2). Not only did the name fully convey the intent of the war crimes about to be committed, it, also represented the single biggest 24-hour murder toll for the European war that I ...
Source: The Conversation (Au and NZ) – By Christian Tietz, Senior Lecturer in Industrial Design, UNSW Sydney A New South Wales Senate inquiry into public toilets is underway, looking into the provision, design and maintenance of public toilets across the state. Whenever I mention this inquiry, however, everyone nervously ...
Shrinking budgets and job insecurity means there are fewer opportunities for young journalists, and that’s bad news, especially in regional Australia, reports 360infoANALYSIS:By Jee Young Lee of the University of Canberra Australia risks losing a generation of young journalists, particularly in the regions where they face the closure ...
Source: The Conversation (Au and NZ) – By Tessa Charles, Accelerator Physicist, Monash University An artist’s impression of the tunnel of the proposed Future Circular Collider.CERN The Large Hadron Collider has been responsible for astounding advances in physics: the discovery of the elusive, long-sought Higgs boson as well as ...
Source: The Conversation (Au and NZ) – By Jennifer McKay, Professor in Business Law, University of South Australia Parkova/Shutterstock Could someone take you to court over an agreement you made – or at least appeared to make – by sending a “👍”? Emojis can have more legal weight ...
Source: The Conversation (Au and NZ) – By Trang Nguyen, Postdoctoral Research Fellow, Centre for Global Food and Resources, University of Adelaide Stokkete, Shutterstock Australians waste around 7.68 million tonnes of food a year. This costs the economy an estimated A$36.6 billion and households up to $2,500 annually. ...
Pushing people off income support doesn’t make the job market fairer or more accessible. It just assumes success is possible while unemployment rises and support systems become harder to navigate. ...
A year since the inquest into the death of Gore three-year-old Lachlan Jones began and the Coroner has completed his provisional findings. Interested parties have been provided with a copy of Coroner Ho’s provisional findings and have until May 16 to respond.The Coroner has indicated the final decision will be delivered on June 3 in Invercargill, citing high ...
Source: The Conversation (Au and NZ) – By Ken Nosaka, Professor of Exercise and Sports Science, Edith Cowan University Drazen Zigic/Shutterstock Do you ever feel like you can’t stop moving after you’ve pushed yourself exercising? Maybe you find yourself walking around in circles when you come off the pitch, ...
Source: The Conversation (Au and NZ) – By Arosha Weerakoon, Senior Lecturer and General Dentist, School of Dentistry, The University of Queensland After decades of Hollywood showcasing white-picket-fence celebrity smiles, the world has fallen for White Lotus actor Aimee Lou Wood’s teeth.
Source: The Conversation (Au and NZ) – By Rachelle Martin, Senior Lecturer in Rehabilitation & Disability, University of Otago Getty Images Disabled people encounter all kinds of barriers to accessing healthcare – and not simply because some face significant mobility challenges. Others will see their symptoms not investigated properly ...
Source: The Conversation (Au and NZ) – By Adam Simpson, Senior Lecturer, International Studies, University of South Australia Despite the challenges faced by local democratic activists, Thailand has often been an oasis of relative liberalism compared with neighbouring countries such as Myanmar, Laos and Cambodia. Westerners, in particular, have been ...
Source: The Conversation (Au and NZ) – By Marina Yue Zhang, Associate Professor, Technology and Innovation, University of Technology Sydney China has placed curbs on exports of rare germanium and gallium which are critical in manufacturing.Shutterstock In the escalating trade war between the United States and China, one notable ...
Source: The Conversation (Au and NZ) – By Vivien Holmes, Emerita Professor, Australian National University Momentum studio/Shutterstock No one goes into the legal profession thinking it is going to be easy. Long working hours are fairly standard, work is often completed to tight external deadlines, and 24/7 availability to ...
Source: The Conversation (Au and NZ) – By Stephen Gaunson, Associate Professor in Cinema Studies, RMIT University Prime The Narrow Road to the Deep North stands as some of the most visceral and moving television produced in Australia in recent memory. Marking a new accessibility and confidence to ...
The forecast for Easter weekend in much of the country is pretty shitty. Here are some ideas for having a nice time indoors.Ex-tropical cyclone Tam might have been downgraded to a subtropical low, but it has already unleashed heavy rain, high winds and power outages on the upper North ...
Source: The Conversation (Au and NZ) – By Cécile L’Hermitte, Senior Lecturer in Logistics and Supply Chain Management, University of Waikato In the aftermath of Cyclone Gabrielle, the driving time between Napier and Wairoa stretched from 90 minutes to over six hours, causing major supply chain delays. Retail prices rose ...
National are scrambling to block the Left’s popular move on affordable housing.
Over at interest.co.nz this is the general reaction ->
“A little too late I think for Key to now bet againsts Labours’ and Greens’ “$300,000 house and cheap housing for life” offer”
“It’s a bit laughable really….National has been paying lip service to housing affordability over last four years…and they’ve probably just seen some results from polling and focus groups saying it’s a big issue and Labour has the edge”
But even more interesting ->
“I don’t hold out much faith. Had someone call in talkback yesterday saying they were at a trade/investor show in China a month or two ago and there was someone there from the NZ Ministry of Economic Development handing out taxpayer-printed glossy brochures touting to wealthy Chinese to invest their money in NZ. Amongst these, above all else there was alarge section encouraging investment in residential property, basically saying how easy and devoid of risk it was.”
Time to slam the door on immigration. Send most of them back to the 3rd World overcrowded, heavily polluted, corrupt, authoritarian hell holes they come from.
They don’t come here to contribute to our society but to take what they can of our dwindling economic pie.
Multiculturalism is an abject failure as admitted by Germany, France and Britain just recently.
How about a website called “Asians To Go”, lol.
There’s a huge difference between multiculturalism and immigrants who come here to make a better life for themselves and foreign investors who have no real care about what happens in New Zealand apart from the money they can make. So let’s not confuse these two things kiwi_prometheus in some sort of racist diatribe that has no basis in reality.
Immigration in itself is not a bad thing as long as government’s aren’t changing the system to disenfranchise local inhabitants in order to promote it. Immigrants who want to integrate themselves into New Zealand and bring additional skills and culture should be welcomed, because without that we will become even more isolated and backwards.
But I digress… What Eddies’s post highlights for me is the complete hospital pass the media has given National concerning their announcement to “reboot” apprenticeships. There’s been no proper analysis of the propaganda and therefore no journalistic integrity within the MSM. The public is largely left believing that National gives a stuff, when the numbers clearly show they don’t.
“The public is largely left believing that National gives a stuff”
I dunno about that, the comments from interest.co.nz suggest there is a lot of skepticism. The public generally are cynical about politicians motives.
“There’s a huge difference between multiculturalism and immigrants who come here to make a better life for themselves and foreign investors who have no real care…Immigrants who want to integrate themselves into New Zealand and bring additional skills and culture should be welcomed…”
There are way too many getting in. Slam the door shut. The issue with rich Chinese investors given the kind of access that exists no where else in the world is just the latest example of what has been going on – with lots of cheer leading from the Multicults.
We need the skills? Train up our kids – 20% unemployed = GREAT DEPRESSION ERA STATS.
Culture? Give me a break – NZ already has a rich culture and history. It needs to be protected not exposed to Globalisation and the teeming billions looking to escape hell on earth.
A few is ok so don’t call me a racist again. But it has gone way, way to far, but the Multicults are blinded by their own sanctimonious rhetoric.
kiwi_prometheus
I’m pretty sure there was no net gain in population due to immigration last year. So the problem is too many Kiwi’s leaving and not having children because of economic repression.
Immigration is currently the only way to ensure our population stays the same and this is important because population has a direct impact on the economy. If our population declines too much so will our economy further decline into another recession.
New Zealand has a rich culture, but it can only be enhanced through diversity and multiculturalism. I think you’ll find most New Zealander’s of ethnic origins will not agree with Chinese investors getting a free pass just because they’re greasing the palms of certain National MPs.
Of course the government should be ensuring people have the opportunities available to train here instead of just bringing in foreign workers. That’s obviously a lose lose situation for New Zealand and its population.
“I’m pretty sure there was no net gain in population”
Sure I know, but that doesn’t change the fact there are too many immigrants, especially from Asia.
“too many Kiwi’s leaving and not having children because of economic repression.”
Yep, need to deal with that.
“Immigration is currently the only way to ensure our population stays the same”
So taken to its end logic, all real NZers will be in Australia, while NZ will be over run with immigrants – mostly Asian. They’ll rename it New Asia or something.
Very stupid reason to flood our society with 3rd worlders.
Take a look at Britain, France, Germany – what an epic failure Multiculturalism is there.
“it can only be enhanced through diversity and multiculturalism.”
Only?
No, we need to preserve our Western heritage – there’s only a few million of us, there are literally billions of Asians.
Is China multicultural?
Is Japan multicultural?
Is Indonesia multicultural?
No, they protect their own cultures. Not that anyone from the West would want to live in those overcrowded, polluted, corrupt, racist, authoritarian places even if they did get a genuine invite.
India and China are the economic powerhouses of the 21st century mate.
Time to sharpen up your Mandarin.
Oh, and ask your dairy farming mates to start using Kiwi workers, that might help too.
“India and China are the economic powerhouses of the 21st century mate.”
Even if I accept that is the case, how that justifies flooding NZ with 3rd worlders I don’t know.
These “emerging markets” having been doing just that, “emerging”, for how many decades now? China is flat lining – no more crazy growth, rapidly aging population, vast majority of them still on $2 a day or something.
Over hyped.
Yeah China went from not being able to manufacture decent steel 40 years ago to manufacturing a million iPhones and iPads a month. Nothing to see here.
lol
You are avoiding the point.
You obviously aren’t bothered to inform yourself on China’s growth predictions, aging population stats etc.
The US economy still dwarfs all others, even after a generation of economic decline.
“flooding NZ with 3rd worlders”
You’ve never seen an actual flood have you?
India and China are not the economic powerhouses of the 21st century. You’ll find most scholars find it unlikely that China will be able to reach the status of the USA unless it undergoes huge change. It’s political system, economic system in which the middle and low class are suppressed in favour of the big state owned companies, social inequality which will eventually bring conflict and its shot to its own foot in the form of its one child policy that means it now has a huge number of old people and much less youth, all mean that it will struggle to reach super power status. India perhaps could but it has more than a century of work to go to rid itself of corruption and social issues. The 21st century will see the USA decline but no other power will supersede it and the world will be made up of alliances and regional blocs allied to one another.
Even less chance for an agreement on co2 emissions then.
You outline a fairly likely scenario.
Go look at the immigration statistics before you spread your yellow peril nonsense.
Sorry to say but “western” are immigrants to NZ, so square that one away.
A few is ok so don’t call me a racist again
lol
A few is ok so don’t call me a racist again.
So, k_p, you think it’s not racist to just hate “too many” people of colour. Interesting.
A homophobe, a sexist, and now a racist as well. Congratulations Prom, you’ve just won the trifecta.
I wish he really was tied to a rock… I laugh every time I see his name and read his posts (with full knowledge of what Prometheus was known for).
You’d have a hard job finding an eagle desperate enough to touch that one’s liver, though.
Do you know that major group of immigrant is from UK and Australia. Do you still want to slam the door shut. What do we do next once we have shut the door about people who are already here?
Houses are expensive in certain places around the country, that is indeed true.
What Labour is proposing is going to drive the house prices significantly, lots and lots of people who currently own a house aren’t going to be too impressed when their one major asset plummets in value.
According to the last census over 1.5 million people own of partially own their own house, that’s a truck load of votes right there.
To put it that into perspective at the last election only 2.2million people voted, threaten the value of peoples one major asset and Labour will be obliterated.
That’s very arguable, as the types of houses Labour’s plan are to build are firmly in the ‘starter’ home segment which is sort of the bottom quartile of houses, where most of the 1.5m who own their own homes, logically only 25% of them fit into that quartile. Furthermore, many of those 1.5m who own homes would like it if their children would move out and buy their own home, and don’t particularly want to act as guarantors on mortgages, so they would likely welcome an expansion in the lower segment of the market.
Really the people who won’t like it are landlords, not owner-occupiers.
You don’t think chucking an extra 100,000 below market value homes into the housing mix won’t have some effect on house prices.
Just raising another point, who do you think that 25% of home owners that you mentioned would vote for?, I’m guessing Labour voters, hmmm bit of a dilemma that.
Also, landlords
You’d be surprised how many are just Mum and Dad investors, trying to build up a nest egg for their retirement.
“You don’t think chucking an extra 100,000 below market value homes into the housing mix won’t have some effect on house prices.”
I hope it does. For too long people having been living in vastly overvalued homes.
Some may well be in negative equity. They will have to accept the market fucked them.
“Also, landlords
You’d be surprised how many are just Mum and Dad investors, trying to build up a nest egg for their retirement.”
Tax free, Scum suckers.
You must be very young.
“You must be very young.”
That’s relative. I could just as easily be old and very wise, depending on the reference point.
“So a large chunk of home owners are going to see their one major asset decrease in value over the next 5-10 years.”
That’s what happens when the housing market is filled with speculators seeking tax free profits. It goes boom, it goes bust. People get hurt, hence the need for action by the Greens and Labour.
You can hate the equaliser if you like, but it’s greed and money lust that causes the mess.
“Looks like voter poison to me.”
I guess nobody likes being told they were conned, but like Lennon wrote “I tell them there’s no problem, only solutions”.
+1
A transaction tax would have been taking care of the speculators. Equally, taxing the tax haven of trust accounts. However, the generation with none of these luxuries,going into retirement in 10-15 years will be the hardest hit since WWII. If they get a pension it will be too little to live on and too much to die. Any property (most likely the home the person(s) live in) that is now being made worthless takes also the savings away that was to have a greater ROI as any savings account or shares(yes this is the twice burned generation in regards to that investment). So in other words, you just want to have a slice and the people who have saved and not spent their money on takeaways, fast cars, iphones and pods get shafted – once more.
One wonders why bother at all, don’t you?
The housing policy of both the Labour and Green Party’s have been well signaled along with the unaffordability of both buying and renting homes in the areas that will be targeted to build the bulk of the 100,000 homes in,
There will be a 3-5 year time lag between the start of the build and it’s ultimate INTENDED effect becoming apparent in the housing sector, this intended effect is to lower the cost of buying and renting a home,
It then behooves those who would not have property as an investment if the returns of both rentals and capital gains were not on a continuing upward track to divest themselves of such investments should they no longer like the perceived future returns on such investments…
So a large chunk of home owners are going to see their one major asset decrease in value over the next 5-10 years.
Looks like voter poison to me.
That all depends on how many ignorant money grubbing scum there are who don’t realise there’s not enough houses to accomodate everyone. Some people might even realise there is a housing crisis but not give a damn because it makes them money. These people are traditionally National and Act voters anyway.
The benefits to reducing overcrowding and homelessness will also have flow on effects to home owners, who by and large understand the cost of having a dysfunctional housing system. The market has simply not delivered, and it is well past time that the government did something about it.
“So a large chunk of home owners are going to see their one major asset decrease in value over the next 5-10 years.”
No, the price of houses will stabilise and stop climbing at such an accelerated pace. It is unlikely that house values will fall because of this policy, it simply isn’t large enough to do that.
What is really going to drop house values is when all of these baby boomers try to cash out on the “nest egg for their retirement” at the same time, thus flooding the market with supply.
Then why add to the crash with kiwi build, let the market correct itself.
The market won’t correct itself properly and we will continue to have falling home ownership levels, more overcrowding, increasing homelessness and inadequate housing charged out at exorbitant rates.
The Market???? This is why we are in the situation in the first place.
There is no housing crisis in Christchurch. The market will sort it out.
you mean like the market is “correcting” itself in Auckland at the moment?
you must be from the “what’s in it for me?” generation.
A fanatsy, have you any real numbers ?
Landlords are overwhelmingly professional investors
“A fanatsy, have you any real numbers ?
Landlords are overwhelmingly professional investors”
In terms of what, houses owned or people? Because like many areas, there will be a small number that own a lot of houses, but most houses that are rentals will be owned by people for whom it is their only rental.
Well that implies a keep kicking the can down the road strategy.
“Houses are expensive in certain places around the country”
Exactly, so the majority of houses won’t see plummeting values, because they are not nearly as inflated to start with.
The positives of a rebalanced economy will outweigh the short term pain.
As long as it’s not you suffering the pain, it’s all good.
You haven’t established that there will be any pain through devalued house prices. You also need to take into account people who are trying to purchase a new home, so prices plateauing or decreasing will be good for them, but not so good for our Australian owned banks. There will likely be a rebalance to the economy whereby more investment goes to productive industries. So in effect you’re arguing against New Zealands economic recovery… Are you perhaps a National voter BM?
BM, if you have a better solution, or for that matter even a simple alternative plan, to enable a rebalancing the skewed property market values then please share it, we’re all ears.
The issue with house prices is not the house but with the land.
Free up more land, lower consent costs and you’re 90% of the way there.
in 2000, you could pick up an 800sqm section for 50-70k in a good area, that same section is now 1/4 million+.
This is the issue.
IMO a large problem is simply how much building materials cost in NZ compared to Australia and other countries.
Cost per sqm to build has hardly changed in the last 10 years, it’s land prices that have risen dramatically.
Do you have any evidence that the cost per sqm to build houses hasen’t increased much in the last 10 years BM? Or is this just more uneducated waffling?
With overall construction costs in the order of 15-25% lower in Australia, there is clearly a problem with our supply chain here in New Zealand. Once again it’s a problem the market will not fix on its own.
10 years ago, the rough price to build a house was around $1000 per square meter.
So you can get me a 300 m2 house built for $300K in Auckland?
Sweet! I got a bit of land and consents all ready to go. Who do I call?
Isn’t that the figure being quoted for Kiwi build.
$1,000 per square metre is now at the very lower end of the scale.
If you get a chance look at the Modul House Price Index book and you will see that $1,000 is very low for what is generally expected.
Wellington region January 2002: $978 – $1061 /Msq
Wellington region July 2012: $1634 – $1795 /Msq
Not true.
My quote ball park has risen from approx $1100m2 to $1600 m2 between 2000 and 2010.
Note. Back then I could get a house prefabbed in NZ sourced materials in Australia, ship it over here and still undercut NZ materials prices.
We are ripped off for materials in NZ. Houses in oz are about the same money even though Aussie builders earn twice as much as Kiwi ones.
Havn’t done any building for more than three years now. But I expect $1700 per m2 is realistic at the moment.
That rise has all been in materials and council charges. The labour rate has stayed the same against inflation.
Still makes a 100m2 3 bedroom house, in good standard materials about 160k. Even less if we are doing prefab to the same plan and bulk buying materials.
Not 300k as some seem to think.
Won’t this also devalue the current housing stock, that was so important to you at 10.00am, or have you changed your mind?
lol
Of course it will
I was just pointing out the dangers that labour faces with kiwi build and how people may react to it, not so much about keep house prices inflated.
With kiwi build ,Shearer and labour are going to put themselves directly in the firing line of a large % of pissed off home owners and could get politically slaughtered because of it.
While Nationals plan of freeing up land and lowering consent costs will see the councils cop all the flak and they will come away unscathed.
“As long as it’s not you suffering the pain, it’s all good.”
Still can’t face the issue can you BM?
Want to keep pretending there is no problem, then NZ becomes the Greece of the South Pacific sooner or later.
There will be plenty of pain then, BM.
Or perhaps we could become the Iceland of the South Pacific…..
A country that was in the same position as Greece but just chose a different path to deal with it.
Yeah the evil bankers got told to eat shit when they tried to socialise their ponzi scheme losses.
Awesome!
You know it isn’t a half bad idea – imagine if Keys announced on the 6 news tonight that as of tomorrow there will be a 75% capital gains tax on 2nd properties, Reserve Bank directed to block 100%+ mortgages, massive Govt public housing build, streamline local council BS, slam door on immigrants.
Watch the pandemonium break out followed swiftly by real green shoots economy.
BM has a fair point, are people going to happy about a loss in value to their home/investment ? No there mostly not.
So easy for National to attack this policy when the time comes. Labour would be far better talking about lifting wages, but are they?
Well like I said before, we can keep kicking the can down the road if you like, a slow steady economic decline and stagnation, punctuated by overnight crises and with the constant risk the whistle is blown from outside NZ on the ponzi scheme confidence game.
Or consciously deal with the problem in a timely, considered manner.
Of course not.
None of us are going to be happy that the price of our largest investment/ retirement nest egg has dropped.
Though most of us will get over it when we find that someone in the next generation can, actually, afford to buy our family home, and that beach retirement house no longer costs 550k.
Even though we know it is necessary both economically and socially that land prices reflect the incomes that can be earned from it. (Agricultural land is overvalued also meaning far too much of our farm earnings head offshore as interest).
That is why both Labour and National will not bite the bullet and make sure house prices drop. Easy enough to do. Limit bank lending ratios, limit foreign ownership and supply state housing.
It is better for their election prospects that they can blame “the market”.
The problem is the “market” incentives are all for banks to push land prices upwards, to make sure they continue to get increasing interest income. While we continue to have, effectively, much lower disposable income, because so much is tied up in land.
And. I agree, a “Labour” party should be talking about re-empowering workers to get a fair share of the wealth they create.
NZLP: NZ Liberal Party (hat tip Puddleglum)
Its the rates, every time a discussion like that ensues there is a reversal further down the line. Mostly by the time the local council is advising on the new rates. If that does not happen, the council will have to get the central govt to bail them out. A typical money go round set up. I like to see a/ capital gains tax, b/ trust funds are being taxed normally and c/ local bodies have a very specific field of activity. This would relate to i.e. water, fresh and storm, rubbish, infrastructure such as roading, parks and street lighting etc., whereby parks should be restricted in size otherwise falling under DOC. Most of all, a transparent system that shows where the moneys are going – in detail.
I think restricting foreign ownership has to be more specific. Surely, a family moving into their home is something different than the large farms buy up of recent times. And you are right, banks should have the same criteria for lending money to a ratio that is sustainable – and this should apply for all loans, private and business. No more bailing out.
Councils must help manage, regulate and protect the commons of their local communities. See latest Greer post 🙂
Since NZ has an insane car culture (foisted on it by oil companies and heavily promoted by the corrupt NZ media) building more roads is obviously a winner.
Never mind that we are living in post Peak Oil world or that we are in the early stages of Abrupt Climate Change, due in a large part to transport emissions.
The profits of corporations comes ahead of everything (well almost everything: obviously the profits of banks and the maintenance of their Ponzi scheme comes first! Without that there would be no backhanders to opportunists like Key.).
Yes, but the public transport is beyond belief compared to overseas. With the 24/7 economy and people living were they can afford to pay the rent no wonder that cars are the main means of transport. PT works on the schedule of school kids more than anybody else. Increasing the frequency and loops/stops would cost too much money. Look at what a train ticket costs. And to top it all off, the no train, no bus days – for what ever reason – is another issue. As long as there is no reliable service that caters to the majority there will be plenty of cars on the road.
“Labour leader David Shearer has conceded his party’s affordable housing policy will only be able to deliver small apartments or terraced housing in Auckland for the $300,000 price tag – while standalone family homes are more likely to cost up to $550,000.”
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10861855
Yes, National are ‘scrambling’ to block such a shitty policy from Labour.
Also, amount of money spent != better results.
I doubt that even a terraced house or apartment is a shitty proposition for someone living and working in Auckland without a snowballs chance in hell of buying a home in the current market.
I imagine to them, this will be a dream come true.
As a young Cristchurchian affordable housing would be a dream come true.
Pretty straightforward illustration of why there’s none of the 170,000 jobs promised in Budget 2011.
Actually 170,000 seems to be one of those sticky numbers with that many unemployed and the only plan is an apprenticeship scheme 12 times smaller than the money already taken out of trades training. Is anyone in the MSM counting?
The road transport lobby group is as good as the Italian mafia in getting money out of the government. When I visited Naples years ago I saw useless highways leading to sports stadia, rarely used, and was told that this was built by the local mafia lobby.
There’s no use in training lots of skilled workers – NACT has managed NZ so there is less and less business. The only business that gets talked about is rebuilding after an earthquake, or housing the unfortunate low wage employed, underemployed or unemployed. Apart from dairy and tourism business, and road transport and making, enterprise cannot flourish.
Further the NACTs insist on wrecking businesses and destroying investment as with their mad Picton ferry rerouting idea. An enterprise-rich, profit centre is to be starved of important numbers of visitors for the sake of road transport saving some costs and having shorter trips.
Picton must be retained as it is. Clifford Bay scheme has involved Chinese financiers, and while it may give a testosterone injection to be dealing with big loans with powerful international moneymen, it is not to our advantage as NZs in this case.
Shell, BP, Mobil etc. run the government…… along with the Rothschilds of course. Whichever party is in power.
Monsanto would like a bigger share of the cake and the bought-and-paid-for liars in parliament are in the process of handing Monsanto a bigger share via the ‘Food Safety’ Bill.
Up and coming are various Chinese corporations.
Spread your legs and get raped NZ, it’s good for you.
If we go with one of the Left Wing parties, at least they’ll use lubricant.
If you are a white male they won’t.
My worry is that they’re predominently “bottoms” – lubricant or not. There’s the occasional “top” that emerges from time to time – the trouble is – is that they’re total fuckwits – often called Trev!
Yay, using sexual violence as a metaphor for something which isn’t sexual violence, that’s totally awesome and cool and edgy and not dismissive of real victims! Yaaaaaaaay!
++1
What a fantastic graph, Eddie!
Shouldn’t cuts to trade training be shown in the negatives. The others are all positive spending on policy, that ones a reduction in spending.
Why not show the amount they have ear marked for welfare, corrections, education, health? Or Len’s $2.2bil train set?
Wouldn’t it be more expensive for south Auckland residents to use the existing route to see their mates out West? Don’t the trucks need to move the goods through Otaki for Wellington to dine on?
Key forgot to ask those in the trades if they can afford to take on apprentices…. OOPS…