Lotto : more Harm..than good. RNZ and Guyon Espiner.
New Zealanders now spend $1.5 billion a year on Lotto's gambling products – Lotto, Strike, Powerball, Keno, Bullseye and Instant Kiwi – nearly double what they spent a decade ago.
Selah Hart said that like fast food and alcohol outlets, the gambling industry looked to the demographic most likely to buy their products.
"NZ's Luckiest lotto stores" ? Fabricated..if not an outright LIE !
Good work, Guyon and RNZ . I hope Jan Tinetti as Minister…investigates this insidious, well advertised/promoted everywhere, harmful to the target communities, ..as much as Guyon has.
There are more in this series Links on RNZ
Incl 9 year olds !
Any promotion of any aspect of institutional gambling; Lotto, Instant Kiwi, TAB, should be made illegal.
Additionally, all pokies should be shut down. The revenue they raise for the community is far outweighed by the harm they cause.
Aye. lotto has become some kind of "acceptable" monster….
When the Lotto Powerball jackpot went up, food sales dropped.
The documents also show that, at some stores, staff are spending more than $5000 a month on Lotto products and sometimes more than $500 in one transaction
And absolutely re pokies! Always touted as of great benefit to their communities….the reality is they suck all benefit…out, and into the pokie owners bank.
I am heartened to see change from some NZ Councils…who can see the harm. Waitaki an example…apart from right wing "humourist" ol' Jim Hopkins.
John Ralston Saul said it such a long time ago (Doubter's Companion, 1995).
When governments raise money by acting as croupiers, the systems they manage are degenerate and closer to their end than their beginning… Early in the 1970's Western governments turned to licensed gambling to provide the funds which taxation no longer seemed able to raise.
Oh thanks for that ! Have to say that the Standard and Standardistas (first time user: ) does raise the bar…as to previously unknown (well to me anyway ! ) Authors,Scientists, Economists,Historians,etc; etc;
Great stuff : )
His work is known for being thought-provoking and ahead of its time, leading him to be called a “prophet” by Time[3] and to be included in Utne Reader’s list of the world’s leading thinkers and visionaries. https://en.wikipedia.org/wiki/John_Ralston_Saul
Out of the three greatest (IMO) Federer has always been my favourite. I think Nadal is probably statistically the best as he's won the most grand slams. I think Djokovic will eventually become the 'greatest' or most grand slam winner as long as he remains injury free.
A little over wrought I would say. I mean having a choice about vaccinations and mask wearing for the good of society and oneself are really shameful breaches of basic human rights.
60 days seems to be the vital period in America for walking on eggshells.
"The Department of Justice may now hold off making any decision on whether to criminally charge Donald Trump until after the midterms in order to abide by the so-called "60 day rule."
While the 60 day rule is not official legislation, there is a long running tradition that the Department of Justice will avoid making any decisions that could affect how people vote so close to an upcoming election or elections."
The DOJ prioritises not wanting to affect how people might vote instead of prioritising not wanting to deal with people who commit crimes.
”That is what has been lost in the US: the acceptance that democracy rests on a contingent economic and political compromise between the electorate and elites. Workers agree to accept capitalism in exchange for better wages, job security and living conditions, including educational opportunity and access to affordable housing, drinking water, transportation, power and the like. Elites agree to use a percentage of their pre-tax profits an/or increased corporate and individual taxation to provide the mass of wage-earners with the material conditions required for social peace. Regardless of partisan identity, governments mediate interests and administer the broad terms of the bargain.
That is a central feature. What brings this all together as a workable outcome over time is a regularly refreshed political bargain between agents of elites and workers in all of their guises–lobbies, unions, parties, non-profits, community organisations etc. They all have their specific interests that make for differences in priority and approaches to pursuing them. But they have a larger common interest in seeing the system work because it is the best guarantee that everyone comes away with something now and in the future. All political actors understand this and governments act accordingly.”
“My decision comes with a heavy heart but given the strength of concern about issues that need addressing across our region, it is important to avoid splitting the centre-right vote.”
One of the worst campaigns in recent political history.
Beck started out as a front-runner, a "moderate" Nat, apparently more reasonable than the Leo Molloy clown show. Then the curse of Jordan Williams struck, and she put out nasty social media posts and destroyed her own chances. She got what she deserved.
The objectives of a business are narrow, comparatively simple and self-interested. Government is the opposite. Its responsibilities are wide, horribly complicated and involve service to the common good. Business is therefore terrible preparation for government – other than the habits of diligence, sociability and problem-solving that it can foster.
In any case, it's clear that the instruction has gone out and Beck has done as required. Collins will need decent turnout I fear – and Brown has the grumpy old white man who knows all the answers and the problem is that no-one is listening to him because they are all so woke vote all sewn up.
I mean, this is just absurdly funny … and she wanted to run a city?
Auckland Council have confirmed Viv Beck can’t technically pull out of the race at this stage. Any votes she receives will be counted and if she wins, she’d have to resign or take office.
Latest polling shows National and Act overtaking the Greens and Labour.
As we approach the dying days of the Ardern administration.
If the Prime Minister wanted to get a lift in the polls and see her administration last beyond the next election, all she has to do, is end the housing crisis.
She could do this easily and immediately, without any cost to the tax payers..
Ending the housing crisis would be the easy part, convincing her fellow cabinet Ministers to want to, would be the hard part.
As Chris Trotter so aptly put it, the neo-liberal fanatics in Labour would rather keep their control of the losing side than, than lose their control of the winning side. Neoliberals would die in a ditch before allowing our homeless families to be housed, if it was at the expense of the banksters, the housing speculators, the profiteering rack-renters, the wealth storing creeps, (ie their people).
What Auckland’s ‘ghost homes’ could do for the housing crisis
There are about 40,000 ‘ghost houses’ in Auckland. Cat MacLennan asks if a tax on these empty homes could help house homeless people and low-income workers.
….According to the 2018 Census, there are approximately 40,000 empty private homes in Auckland. That is 7.3 percent of the total, up from 6.6 percent in the previous Census in 2013. And Auckland is not the only place in Aotearoa with vacant homes at a time when accommodation is expensive and in short supply…
….a significant number are empty simply because the owners are focused on capital gains. This is now an international phenomenon. In England it is called “buy to leave,” in New York it is described as “warehousing,” while in British Columbia it is known as “wealth storing”.
….
Vancouver was the first city in North America to introduce a tax on empty houses. The 1 percent tax was levied on 2538 vacant homes in 2017, but on only 1989 properties in 2018. A 22 percent drop in the number of vacant homes taxed occurred at the same time as the number of properties rented to tenants climbed by 7 percent. There was also a 21 percent leap in the number of condos being rented out in the city.
It is very early days for the tax and there are many reasons for variations in property occupation statistics, but the first results from the levy are encouraging.
…..Heavy lobbying by real estate agents sank such a tax in New York City.
….an empty homes tax might be more effective at providing housing than building more homes, as the key issue was intense competition for desirable properties, rather than a lack of properties.
Interesting. I increasingly think however, that polls should be required to report undecided, and actual levels of support, which gives a more realistic picture to the voting public, rather than pretending that either party commands a valid majority.
The overall general downward trend is what is what is significant.
The P.M. would have to do something dramatic and progressive to reverse that general downward trend, if she wants to stay in office.
In my opinion an empty homes tax would do it.
The PM would have a hell of a battle on her hands to convince her cabinet colleagues.
The struggle over the CGT is instructive. This mildest of tax reform on housing speculation, recommended by the Tax Working Group, was rejected out of hand by the government.
I think we can safely conclude from this failure to achieve even the mildest conservative reform to deter housing speculation, that this government has done all it's going to do on progressive legislation. It's done. That's it. Sayonara
…..The Secretariat of New Zealand’s Tax Working Group in 2018 prepared a paper titled Taxing vacant property. It took a negative view of such taxes, describing them as difficult to enforce, contentious to define and likely to involve high administration and compliance costs.
In short, the document had nothing good to say about empty homes taxes. That is a pity and does not seem borne out by the overseas experience.
The Tax Working Group’s final report released in February 2019 recommended the introduction of a capital gains tax in New Zealand. However, the Government swiftly put the kibosh on this suggestion, making no attempt to sell it to the electorate even though it is obviously an essential tool to rebalance investment away from housing.
It would be very helpful for New Zealand to introduce a tax on empty homes, to create Empty Homes Officer positions in councils, and to encourage the owners of vacant properties to bring them back into use….
It was certainly a bizarre move. When an organization as conservative as the OECD recommends a CGT, you have to wonder how far right Labour have drifted to ignore them.
Land taxes, wealth taxes, inheritance taxes. Let's do a Jubilee every 49 years. Let's make all land leasehold for 99 years. No more private landowners building disgusting little billionaire fiefdoms all over Aotearoa
Seems to me to be a major issue with this narrative. That being that, in extending the bright line test to 10 years and some minor reforms at IRD the govt did implement a CGT. This was also accepted by National, with the caveat that Key was happy with the two year bright line test.
I mean what is the problem with the understanding that if your speculating on housing appreciation that you will pay tax on that activity in NZ?
I remember Mickeysavage alluding to this point in a recent tax post. Maybe some credit should be given for actually following through on a Labour campaign promise. This is probably due even if twitter doesn't really understand that its the same policy with a different name.
Otherwise some reflection seems due on what critical differences exist which make it impossible to acknowledge a policy success. Surely the policy name is not an important part of the policies workings?
Yes agreed. I am also a bit uncomfortable about this poll. It's done by a right wing National party operative (Farrar) for a far right think tank (Taxpayers Union). If Farrar had done it for a reputable client I would be OK with it – because the client would actually care about the methodology and accuracy of reporting, and Farrar would lose the contract if these weren't up to scratch. But the whole purpose of the Taxpayer's Union is propaganda – and we are in an age where polls are increasingly weaponised and used to form opinion, rather than to merely report it.
That said, I have no doubt that it's all very close between the two sides now, and has been for some time – because other polls show something similar.
Some polls are tools for measuring public opinion, other polls are tools for manipulating public opinion. The polls might be sound in their own right, but the timing of release, the reporting, the ‘affiliated’ narrative, et cetera, can change the context considerably. Watch for click bait headlines each time a poll comes out.
If Curia-for-the-Taxpayers-Union were consistently slanted – we'd see this in the results of the polls (see link to the invaluable Wikipedia resource, above), and we don't.
While I'd say that right/left are still too close to call (my default position on poll differences under 5%) – the difference is starting to widen. And, will be giving Labour numbers men (or women) cause for concern.
This polling period did cover the fall-out from the Sharma affair (though I suspect this was more of a beltway issue). But the issues people are claiming influence their voting, are economic ones – rising cost-of-living, etc. Which Labour have little control over, but the government wears the blame for.
The general downward trend in government support has hit the point of intersection. In my opinion reversing the direction of this trend and make it head in the upward direction, or even level off will take some effort. The cost of living crisis is not of the government's making, but more affordable and attainable housing will go some way to address it.
I might suggest taking GST off food and replacing the lost revenue with an FTT, (Robin Hood Tax), as another measure to address the cost of living crisis. The Labour Party once supported removing GST off food in opposition. But in government, removing GST off food is a step way too far for most neoliberals, (even in an unaddressed cost of living crisis that could see them turfed out of office).
P.S. Fancy that, just like Labour when they are out of office, Jim Bolger is out of office, he is all for tax justice.
Former Prime Minister Jim Bolger backs letter calling for tax on rich
Zac Fleming 14/07/2020
Former Prime Minister Jim Bolger is backing calls for taxes on the rich to be raised, saying the wealthy need to help pay for New Zealand's COVID-19 recovery.
"The tax system is totally unbalanced," Bolger says, "and the multibillionaires, and the billionaires, and the millionaires are all not paying their fair share of taxes."….
….The Millionaires for Humanity letter was organised by the United States group The Patriotic Millionaires, and says that while they aren't essential workers with frontline skills, "we do have money, lots of it.
"We ask our governments to raise taxes on people like us. Immediately. Substantially. Permanently," the letter continues…..
I have some difficulty in how a land tax would work. On one income it is already hard enough to pay bills let alone try and save for retirement for two people and the occasional getting kids out of the shit when bad things happen. I already pay an extra $6,000 a year more in tax than two people earning the same amount as me.
Rates, house and contents insurance all continue to rise faster than my income (I'm begrudgingly delaying some maintenance while I save for paint) and yet I think I'm fortunate to at least have a job and a reasonable income – though my middle and single son earns $30,000 a year plus more than I do.
So I'm thinking how do I even start to pay a land tax on my over inflated land value when I'll still be paying my mortgage into my just past mid-60's.
Then I think about all the old people who were fortunate to buy a house in the 70's who only have NZS as an income but whose land values have also risen to ridiculous levels.
My house and land value is a nonsense and certainly doesn't reflect disposable wealth. We bought it and took on its mortgage when young to live in and live in it we still do. From my perspective it is worthless as an asset unless it is sold and its benefits are safety and security and stability. It costs money rather than generates an income.
I'm not convinced of a land tax unless something gives elsewhere like rebates for dependent partners – or exempting the family home that you actually live in.
Agree. The issue with a lot of these tax proposals is they make and carry completely incorrect assumptions of how the economy works around with them.
For example, replacing GST with a FTT. This carries the assumption that the ideal balance of govt payments is what ever the present state is. Thats almost certainly wrong and will definitely fluctuate over time of that policy change. On the other hand just dropping GST is a perfectly reasonable proposal by itself.
On land taxes, the fundamental assumption is that the country is selecting to have too much land sitting idle (under housing) and by taxing land it will change investment to put more land into use. Now, for one thing thats a very simplistic view of the drivers of productive land use, so I doubt this is the key decision point between these two uses. But also there are regular payments due to owning property, called rates. I know what popular opinion is on rates and its typically that councils waste too much money and so rates are too high.
Dont even get me started on Gareth Morgans proposals for a basic income, so that the tax base can be fundamentally reconfigured, so that every asset must be productively invested to avoid tax.
I've oft argued for a turnover tax to spread the tax burden across all businesses so every business pays tax. This would simplify the tax system and allow it to be collected at the transaction time for electronic sales.
Also reduce the ability to transfer costs off-shore and mean that expenses are mainly between shareholders and the business as they make no difference to the tax position.
Couple this with a commitment that a portion of any annual surpluses being returned to business's – say 40% of a surplus when good years occur.
This would also simply business's in that they wouldn't need to do all the vertical integration they do to minimise tax – in fact it would discourage them from doing so. It would also reduce the under-the-table black economy as their would be little point.
South Africa has turnover tax and some of the EU has started putting in turnover tax rates for businesses who operate in their country but do not contribute to the taxation system in that country – again on the basis that they should contribute towards the country they are selling products in.
As things like robotics takes an ever increasing number of jobs the lack of PAYE that robots pay will also start to reduce the tax take. The greatest proportion of tax is paid by workers not businesses. Different models are needed particularly with globalisation.
It isn't about taking more tax it is about spreading the same tax burden across every single business. May will pay less than they do now, others more.
I've yet to hear an answer from the GP on how land-rich, but income-poor people (i.e. elderly who own their own home, but don't have other significant assets) would actually be able to pay this 'wealth tax'.
Over $1 million is 3/4 of the houses in Auckland (well, it may change with the dropping house prices – but the average is still well over $1M). That's a heck of a lot of people potentially affected.
The 'Granny Tax' headlines will have frightened off all of the other political parties.
No different from paying rates then and any other costs, for that matter. There should be a mechanism for asset-rich cash-poor grannies to defer the wealth tax to the estate, so it effectively becomes an estate tax. Wheeling out old mourning grannies makes for good counter propaganda but not for a strong counter argument against Wealth Tax. Bring it on!
So, effectively, then, Estate duty, would be a better/fairer argument.
The argument against ‘Bring it on’ is that the Greens floated this at the last election (may have been in 2017 as well) – and no one else (i.e. Labour – since it doesn’t really matter what ACT/National policies are, since the Greens won’t go into coalition with them) wanted a bar of it.
Given that the Green vote is persistently around 10%, unless they want to declare this as a bottom line in negotiations (which seems against their standard practice, to do) – the chances of the policy going anywhere, seem ….. minor.
Nope, a Wealth Tax primarily, for each individual who has a net wealth of more than one Million dollars. Under exceptional circumstances only, such as demonstrable economic hardship, the tax could be put against the value of the property (with interest), because that’s what we mostly talk about here, and then settled upon sale or death.
I don’t speak for or on behalf of the Green Party, I speak for myself and I think something like a Wealth Tax is a good thing. That said, unlike many others, the Green Party doesn’t drop as many policies or proposals because they are too hard and/or not popular enough, mainly with the middle class that occupies the large political centre – I’d call that integrity – and that’s very likely one of the reasons that they seem to have a base of around 10%. I do hope that next government will be a true MMP coalition, be it what it may.
Replying to your point below (run out of 'reply' function)
And the GP are (demonstrably) not selling it to the electorate as ‘fair’. [my italics]
That’s inaccurate and misleading, but since you made the assertion you need to back it up with evidence although you will have difficulty proving a negative – I can disprove it with one simple positive – the onus is on you.
Curia research poll for the TU showing that 3/4 NZ against. [I know that TS don't like Curia or the TU – and I'll welcome a GP commissioned poll showing something different, however I was unable to find one]
It's clearly a GP platform, but there is no evidence that they are gaining any cut through with the electorate. There is no evidence that increased numbers of Kiwis are being convinced this is the right way to go. The GP remain at (or around) 10% in election polling – this is not shifting their base-line of support upwards.
And, as I said above – given that it's been ruled out by Labour (National and ACT are irrelevant, since the GP won't go into coalition with them) – unless the GP make it a bottom line for negotiations – it's going nowhere.
The Green Party is most definitely and demonstrably advocating for fairer taxes in NZ and their Wealth Tax policy is a major plank (mechanism) of and for that. Whether you and/or others don’t want to buy it as such is a different issue and one that’s more of your own making. AFAIK, the Green Party hasn’t dropped the proposal and are not going to. It is all about increased fairness, for as long as the problem remains, and the policy is a tacit admission that it won’t go away any time soon. So, a Wealth Tax makes eminent sense, at least to me.
The tax on wealth advocated by the Green party seems to apply to wealth over one million dollars (excluding any and all single assets worth <$50,000), so those legions of elderly (retired) individuals living alone in mortgage-free homes worth ~$1,156,000 (the median house price in Auckland in June 2022), and driving a typical NZ car would have to find $156,000 x 0.01 = $1,560 per annum, or about 0.14% of the value of their home.
And who knows – if Auckland house prices continue to fall, they might end up being exempt from any wealth tax before it could be introduced.
If two people are living in the home then they pay nothing until the value of the home and other combined high-value assets exceeds $2,000,000.
Seems simple and very fair to me, as long as some of the tax revenue is invested in getting people out of tents, cars, garages, motels etc. and into their own homes. I’d be happy to pay my share.
Is this a tax on all homes worth more than $1 million?
No. Many people with homes worth more than $1 million would not pay any wealth tax.
The tax would only apply to the portion of an expensive home that someone owns outright and isn’t mortgaged. For example, if someone’s home is worth $1.2 million but there is a mortgage for $700,000 of that, then their net asset is only $500,000 and no tax would apply.
And the tax would apply to individuals: so a $1.2 million home is actually only $600,000 of assets each if it’s split across a couple.
Median isn't very useful in this area – as it includes a heck of a lot of lower value apartments.
Try 1.5 million, which would leave the single occupant (usually Granny) with a 5,000 pa bill. A lot to find off a pension, given that you also have to pay rates, insurance and maintenance.
As I said, the headlines would kill this proposal dead in the water – which is why only the Greens espouse it.
Agree entirely Drowsy that it is "simple and fair". IMHO a WT is the best tool available to alleviate the chronic wealth imbalance we have in NZ.
And Incog's idea to defer the WT to an Estate Tax (with interest applied of course) is a good one. This should only be an option where hardship can be demonstrated.
Try 1.5 million, which would leave the single occupant (usually Granny) with a 5,000 pa bill. A lot to find off a pension, given that you also have to pay rates, insurance and maintenance.
@Belladonna (4:17 pm): With a 1.5 million asset, most Grannies could survive several few decades via a reverse mortgage, which would progressively shrink Granny's wealth tax.
Here's the real problem a wealth tax tackles – is there a better way?
Maybe they could. Though most (I'd guess) would be very unhappy to be in that situation. Most older people have a very strong aversion to reverse-mortgages.
The real problem, that the illustration you're showing represents, is people owning more than one house. Which Granny (in my example) doesn't.
So, effectively, you're taking a chunk of her single meal away, and giving it to people further down the table. That doesn't seem fair to her….
If the CGT (bright line) excludes the family home – then how come the Wealth tax doesn't?
And, a Wealth tax (as proposed by the GP) does absolutely nothing about the buy-do-up-sell, rinse and repeat cycle, which does so much to drive up the housing market.
Though most (I'd guess) would be very unhappy to be in that situation. [Belladonna @9:54 pm]
Depends which side of the table you're sitting on, don't you think? Most of the Grannies you seem concerned about might indeed be "very unhappy" at the prospect of shifting closer to the centre of the table, and resist moving with every fibre of their being – so disappointing.
Guess I'm more concerned about the relatively miserable lot the very large number of Kiwis at the 'wrong' end of the table, and how much happier they might be to suddenly find themselves in "that situation", i.e. owning sufficient personal assets to be affected by a wealth tax.
Why poverty in New Zealand is everyone's concern
Liang describes poverty as a "heritable condition" that perpetuates and amplifies through generations: "It is also not hard to see how individual poverty flows into communities and society, with downstream effects on economics, crime and health, as well as many other systems. Loosen one strand and everything else unravels."
A Kete Half Empty Poverty is your problem, it is everyone's problem, not just those who are in poverty. – Rebecca, a child from Te Puru
The point being that “taking a chunk of her single meal away“, along with a larger chunk of the multiple meals enjoyed by those at the ‘top’ of the table, leaves Granny with much more on her plate than most other Kiwis – and you talk about ‘fairness’?
Its up to the Green Party (and presumably those who support their Wealth Tax provision) to sell it as 'fair' to the rest of NZ.
And, as I pointed out, originally, they've not succeeded in doing so, to date – given the fact that no other political party is willing to countenance the idea.
Granny – living in her house for 50 years – and who hasn't participated in the do-up-and-sell ponzi scheme (fueled by mortgages – so entirely untouched by this tax – how is that 'fair') – is a pretty solid example of people who are 'unfairly' affected by this proposal.
Its up to the Green Party (and presumably those who support their Wealth Tax provision) to sell it as 'fair' to the rest of NZ.
Not seeing how introducing a Wealth Tax would make our current tax system, that funds programmes and public services, less 'fair' overall – perhaps one has to have a neoliberal mindset to see this.
The impact of New Zealand’s macroeconomic
frameworks on living standards [March 2022; PDF]
Available measures appear to indicate that New Zealand’s tax and transfer system redistributes less than the average OECD country and that our level of redistribution has been falling since the late 1980s.
Imho, those who are broadly comfortable with the current distribution of (abundant) wealth in NZ must be wearing fairly expensive rose-tinted glasses if they can't see the harm its doing, i.e. how much less resilient and less sustainable Kiwi society is becoming as a whole.
Granny – living in her house for 50 years – and who hasn’t participated in the do-up-and-sell ponzi scheme (fueled by mortgages – so entirely untouched by this tax – how is that ‘fair’) – is a pretty solid example of people who are ‘unfairly’ affected by this proposal.
And yet the majority of Kiwis can only dream of being “‘unfairly’ affected” in this way. Maybe it comes down to where you’re sitting at the table, and what your prospects are.
So, how about you design a wealth tax scheme targeted at the people who are actively participating in the property Ponzi scheme? The people who are (or were – not sure what they're doing right now with dropping property prices) – actually pushing up the prices, and shutting out first home buyers.
You're still not selling it to me as 'fair'. And the GP are (demonstrably) not selling it to the electorate as 'fair'.
The cry of 'do something' doesn't mean that people will accept 'anything'. And, really, it's not the 'majority' of Kiwis who are affected – Census stats say 65% of households (down from the historic high of 74% in the 80s)- and basically stable between 2013-2018. I'd say it's unlikely to have dropped since then, and may well have risen.
And the GP are (demonstrably) not selling it to the electorate as ‘fair’. [my italics]
That’s inaccurate and misleading, but since you made the assertion you need to back it up with evidence although you will have difficulty proving a negative – I can disprove it with one simple positive – the onus is on you.
It seems much simpler to reverse some of the changes that have bought us to this position than to design something new i.e. bring back stamp duty so tax is paid at the transaction point (increase it even), increase taxes on high incomes and reduce GST, allow rebates for dependent partners, bring back estate duties, increase tax rat eon businesses and trusts – in fact make the trust rate higher. Establish a trust register to show who is entitled to benefit from such trusts and who is actually benefitting (as these aren’t always the same people).
Renationalise electricity and tele-communications – things that give government other income streams other than taxation.
You're still not selling it to me as 'fair'. And the GP are (demonstrably) not selling it to the electorate as 'fair'.
Not trying to 'sell' anything, just saying that the GP Wealth Tax appeals to me as a way of increasing the redistribution of wealth in NZ.
If we agree that a more even distribution the (abundant) wealth in NZ is desirable, then I don't mind what mechanisms (as per DoS’s suggestions @2:06 pm) are used to achieve that goal for a more sustainable and resilient society, as long as any ‘sale’ is substantially free from the taint of self interest.
One thing's for sure – smoke and mirrors aren't very nourishing.
Why poverty in New Zealand is everyone's concern
Liang describes poverty as a "heritable condition" that perpetuates and amplifies through generations: "It is also not hard to see how individual poverty flows into communities and society, with downstream effects on economics, crime and health, as well as many other systems. Loosen one strand and everything else unravels."
A Kete Half Empty Poverty is your problem, it is everyone's problem, not just those who are in poverty. – Rebecca, a child from Te Puru
Given Ardern's very …. cautious … approach to anything controversial – I think the chances of a new tax would be very slender, indeed. Especially as she ruled out a CGT while she was PM.
If NAct gets the nod at the next GE it'll be tax cuts galore – too soon to be sure about ‘directions’ should Labour get over the line. If we only knew now what the global and regional climatic/economic/pandemic conditions will be next year…
Driving around Auckland gives me the impression that the housing crisis is just about over, I see three residential cranes from my window in suburbia, and everywhere I go I see areas of massive development, and those I talk to tell me of the swathes of development in areas I don't go.
I feel the big beat up is just a last chance to make mileage of a situation that will soon disappear. But then again the borders have reopened so I may be wrong.
I've seen what you see. North, South, East and West of Auckland are changing astonishingly with all the houses going up. Go to Christchurch you'll see the same.
Yes, our drive to the supermarket takes us past half a dozen apartment developments on New North Rd, and we come back through Hendon Ave in Owairaka where Kainga Ora is redeveloping whole streets. Add to that the Kiwis who came home in 2020/21 when their overseas consultancy jobs dried up who are now moving out of the dwellings they bought when they returned and are selling or renting those as they return to Lindon or New York.
Now, I'd hope that some of this is the slow-down on building completion caused by the building supplies shortages (certainly some of the sites around us have had quite substantial down periods where no one was working) – and that there will be a rush of completions in the 2nd half of this year.
However, there are also pessimistic forecasts that building activity has already peaked, and is now in decline
So, apart from KO building – which is relatively unaffected by building costs (though would potentially be affected by a change in government) – developers are not committing to new work.
I’d say that the housing crisis is an affordability issue, primarily. Locking in first home buyers into a lifelong debt spiral cycle by assisting them to get on the first rung of the property ladder is sending the wrong message and simply perpetuating the meme that owning property leads to financial wealth and in fact is a sure and best bet to get there. It’s an f-ing Ponzi scheme where the rich get much richer must faster with a lot of (indirect) help from the government. Not to mention the banks, and the whole FIRE industry that benefit from the government largesse.
I agree about the affordability. However, I don't see a solution to this (apart from huge Government building projects – which seem (given the KO budget blowouts) to be off the horizon for now. The biggest part of building cost is land (around half of the value of the home) – and the next biggest is building materials and labour – with the actual developer profit, fairly low down on the list. I don't see any way that the Government can control any of those factors.
I don't think that it's untrue that owning your own home (well, at least once you've paid down a reasonable bit of the mortgage) is a route to financial stability in NZ. Or, to reverse it, not owning your own house is a route to financial insecurity.
What other alternatives (apart from Lotto /sarc/) are there for financial security? Renting is insecure tenure AND you'll be paying off someone else's mortgage, rather than your own. [Even Eaqub has admitted that he was wrong about renting being a better solution– in NZ at least]
Now, if you're talking about buying for capital gain (not that that looks like a viable option in the market ATM) – then I agree that it is indeed a Ponzi scheme (though, perhaps one reaching the end of its life).
And the money the Government has spent on motel rents – giving bloated profits to motel owners with crappy 4th grade buildings – is obscene. It's like the accommodation supplement (aka landord supplement) on steroids.
After three days on a Greyhound bus, Lela Mae Williams was just an hour from her destination—Hyannis, Mass.—when she asked the bus driver to pull over. She needed to change into her finest clothes. She had been promised the Kennedy family would be waiting for her.
It was late on a Wednesday afternoon, nearly 60 years ago, when that Greyhound bus from Little Rock, Ark., pulled into Hyannis. It slowed to a stop near the summer home of President John F. Kennedy and his family. When the doors opened, Lela Mae and her nine youngest children stepped onto the pavement.
[…]
But President Kennedy was not there to meet her. And there was no job or permanent housing waiting for her in Hyannis. Instead, Lela Mae and the others were unwitting pawns in a segregationist game.
"It was one of the most inhuman things I have ever seen," recalled Margaret Moseley, a longtime civil rights activist in Hyannis, in a televised interview a few years before her death.
Fuming over the civil rights movement, Southern segregationists had concocted a way to retaliate against Northern liberals. In 1962, they tricked about 200 African Americans from the South into moving north. The idea was simple: When large numbers of African Americans showed up on Northern doorsteps, Northerners would not be able to accommodate them. They would not want them, and their hypocrisy would be exposed
well, no, it was never wrong to refer to Africans as other than savage if you asked Africans themselves. Likewise, ask lesbians.
If it's just up to individual choice, then words have no meaning. Maybe this is the point now.
(wondering what's going on? Gender ideologists believe and are pushing hard the idea that males who self ID as women are then lesbians. Self ID being based on a male saying they are a woman, and nothing else is required. Understandably lesbians aren't ok with this).
Suspension of Sanity over yet?
When are we allowed to discuss Aotearoa having a new Head of State that does not live here, takes million in cash as back/handers from despots, has appointed an even more corrupt brother his deputy, married a 19yr old for breeding purposes only, a Head of State that no one here elected?
How did we end up with not just a foreign king as HoS and a crock of a human being. This adds insult on top of insult.
Is there any platform in Aotearoa up to having this debate?
Open access notables A survey of interventions to actively conserve the frozen North, van Wijngaarden et al., Climatic Change:The frozen elements of the high North are thawing as the region warms much faster than the global mean. The dangers of sea level rise due to melting glacier ice, increased ...
Bryce Edwards writes – New Zealand’s biggest-ever political donations scandal is finally at an end. But what is the conclusion? No one can really be sure. The Court of Appeal released its judgement on Tuesday about the Serious Fraud Office case against the NZ First Foundation. On ...
In 2015, then-Prime Minister John Key announced plans for a huge ocean sanctuary around the Kermadec Islands, banning fishing and mining from 15% of Aotearoa's EEZ. It was bold, it was ambitious, and it suggested that National might actually care about the environment. Except they fucked it up: Key failed ...
1. Who has just been given the accolade New Zealander of the Year?a. The Kokakob. The Cook Strait Ferryc. Fair God. Dr Jim Salinger 2. Which of these is an affront to decent society?a. Dame Edna Everageb. Mrs Doubtfire c. Dr. Frank-N-Furterd. Brian 3. Who is Penny Simmonds?a. The aspiring actress in Big ...
New Zealand’s biggest-ever political donations scandal is finally at an end. But what is the conclusion? No one can really be sure.The Court of Appeal released its judgement on Tuesday about the Serious Fraud Office case against the NZ First Foundation. On the face of it, the court found ...
Buzz from the Beehive Waves of rain are set to lash much of the North Island during Easter Weekend as a low-pressure system forms east of New Zealand, according to a weather forecast published in the past day or so. Niwa was warning of a “moisture-laden” long weekend, with rain expected ...
Look around us…Nicola Willis’ promises of balancing the books, of cutting spending without reducing services, and of delivering game changing tax cuts are disappearing before her eyes.Everyday we see stories of violent crime ending in horrific injuries, or worse. The cost of living worsens, whereas the PM claimed renters would ...
TL;DR: My top six news of note on the morning of Thursday, March 28 include:The Government will have to borrow between $10 billion to $15 billion more than previously expected in order to make up for a slowing economy and to pay for $14.9 billion of tax cuts, according to ...
This story by Naveena Sadasivam and Kate Yoder was originally published by Grist and is part of Covering Climate Now, a global journalism collaboration strengthening coverage of the climate story. The long-awaited jobs board for the American Climate Corps, promised early in the Biden administration, will open next month, according to details shared exclusively ...
Should landlords be able to deduct the interest on the loans they take out to bankroll their property speculation? The US Senate Budget Committee and Bloomberg News don’t think this is a good idea, for reasons set out below. Regardless, our coalition government has been burning through a ton of ...
Treasury’s first report on the economy since the change of government presents a damning indictment of Labour’s economic management. The problem for National is that it is so damning that logically, coupled with a rapidly slowing economy, Finance Minister Nicola Willis should respond to it by postponing or even cancelling ...
Budget tensions are becoming evident within the Coalition Government. Winston Peters made numerous political points in his speech to the NZF annual conference. But the attack on his own government’s fiscal policies raised issues of substance. ‘Today in the Sunday Star Times, journalist and former advisor to the Labour ...
Buzz from the Beehive The media – sure enough – have been binging on Finance Minister Nicola Willis’ release of the Budget Policy Statement and a statement headed Government announces Budget priorities This assures us – or rather, this parrots the Luxon team mantra – that the Budget “will deliver ...
The Ides of March brought me COVID followed by a bereavement. No wonder they tell you to be careful of them.I’m home now and have resumed the interrupted recuperation. Very much looking forward to getting back to regular things. Meanwhile, some thoughts…OneThis new Prime Minister guy just keeps getting more dire. ...
News that the Chinese ATP 40 cyber-hacking unit penetrated parliamentary internet networks in 2021 has renewed concerns about the PRC’s malign intentions in Aotearoa. But is the hack that significant given the length of time that has passed since its … Continue reading → ...
When Parliament passed the Intelligence and security Act in 2017, they assured us all that it was full of safeguards. Any intrusive surveillance of New Zealanders would be subject to a "triple lock", requiring the approval of the Minister and (supposedly independent) Commissioner of Intelligence Warrants, as well as post-facto ...
Eric Crampton writes – Richard Harman’s Politik newsletter provides a bit of the context that ought to have been showing up in other media reports on potential reductions in public service staffing. Media has been reporting on staffing cuts on the order of about 7%. Is that ...
Mike Grimshaw writes – It’s becoming increasingly apparent that many perceive free speech to have become the preserve of the politically right wing, the religiously conservative, the libertarian fringe, the anti-trans, the anti-Māori and…. well, just fill in with whatever groups or individuals you don’t like and don’t ...
Don Brash writes – As everybody who is not blind and deaf is aware, there is a huge political preoccupation with climate change at the moment, a widespread (though by no means unanimous) belief that global temperatures are rising mainly as a result of the greenhouse gases created ...
TL;DR: My six things to note in Aotearoa’s political economy on Wednesday, March 27 include:Chris Bishop laid out his vision for filling Aotearoa-NZ’s $100 billion infrastructure deficit in a speech yesterday, emphasising user pays and private funding, but failed to say how to achieve bipartisanship on population, public borrowing and ...
Bryce Edwards writes – Former Finance Minister Grant Robertson and former Prime Minister Chris Hipkins have been conveying how unhappy they are with the tax system. Last week in his valedictory speech, Robertson called for the introduction of a wealth or capital gains tax. And this week Hipkins ...
On February 14, 2023 we announced our Rebuttal Update Project. This included an ask for feedback about the added "At a glance" section in the updated basic rebuttal versions. This weekly blog post series highlights this new section of one of the updated basic rebuttal versions and serves as a ...
Buzz from the Beehive China has loomed large in Beehive considerations over the past 24 hours, largely because of that country’s mischief-making in the cyber espionage department. Two media statements emerged on that subject hard on the heels of the PM baulking at questions put to him on RNZ’s Morning ...
Chris Trotter writes – WHY IS THE NATIONAL PARTY doing so much for landlords, property developers, trucking, and construction companies, and so little for everybody who isn’t already pretty well-off? It’s as if protecting landlords’ investments and building apartments and roads now constitute the whole of National’s ...
Bryce Edwards writes – When she was campaigning to be Minister of Finance last year, Nicola Willis pledged that she would resign from the job if she failed to deliver tax cuts in her first Budget. Now, it’s that pledge, along with Prime Minister Christopher Luxon’s ...
Robert MacCulloch writes – The Reserve Bank has doubled staff numbers in five years to 510, with personnel costs rising to $80 million in 2023 from $32 million in 2018 – up by a whopping 150%. I guess when you print $50 billion and flood markets with liquidity, ...
The furore. In case you didn’t notice there was a controversy in the weekend involving dolphins in a little town off the South Island. Don’t panic, they haven’t declared independence and resumed whaling, this was simply a sailing event.The problem began when racing was cancelled on the opening day of ...
For 20 years or more, the case for a meaningful capital tax gains has been mulled over and analysed to death, including by the tax working group chaired by Sir Michael Cullen. More than once, the International Monetary Fund has said a CGT would be a good idea for New ...
TL;DR: My top 10 news and analysis links this morning include:Today’s must-read: The Public Health Communications Centre (PHCC) call for urgent preventive action and a risk assessment survey of long covid in this briefing noteLocal scoop: NZ road deaths surpass OECD rates, so why is the govt reversing safety plans? ...
This story was originally published by Grist and is part of Covering Climate Now, a global journalism collaboration strengthening coverage of the climate story. This story is part of a collaboration with Grist and WABE to demystify the Georgia Public Service Commission, the small but powerful state-elected board that makes critical decisions about everything from raising ...
This is a guest post from Robert McLachlan Global warming is accelerating; 2023 was off the charts. We need to stop burning fossil fuels. In New Zealand, transport accounts for half of all fossil fuels burnt. In the Emissions Reduction Plan, transport emissions fall 41% by 2035. As the ...
Labour productivity has been receding rapidly over the past two years, reversing a post-lockdown rise. Photo: Lynn Grieveson / The KākāTL;DR: My six things to note in Aotearoa’s political economy as at 6:26am on Tuesday, March 26 include:Workers have been treading water in output per hour worked for 12 years, ...
TL;DR: The key events to watch in Aotearoa-NZ’s political economy in the week to April 2 include:Today, Parliament resumes sitting at 2pm for the second week of a two-week session. Officials for SIS and GCSB report their annual reviews in public to the Intelligence and Security Select Committee from 5.10pm.Tomorrow, ...
Faced with a barrage of criticism over the promised tax cuts from usually supportive commentators, Finance Minister Nicola Willis yesterday reaffirmed her intention to include them in this year’s Budget. The Government is up against it over the cuts just about every way it turns. Commentators like Fran O’Sullivan, Matthew ...
Here’s my pick of today’s substack posts as of 6:26pm on Monday, March 25: writes via his substack that Market-rate housing will make your city cheaper writes via his substack about the problems talking to double-cab ute (truck) drivers about their vehicles. today about moments of radicalisation in ...
Buzz from the Beehive Just before Christmas, Finance Minister Nicola Willis delivered something that was pitched as a mini-budget and brayed about the decisive action being taken to repair the Government books and support income tax relief in Budget 2024. In a statement headed Fiscal repair job underway. she introduced ...
My sister Belinda asked Dad yesterday what one word would describe Mum best. He said: vivacious.If you only knew her from the photos on the slideshow we've made for today,you might wonder about that, because the camera tended to lie with Mum.If ever she saw a camera pointed at her, she ...
There are two major public consultations closing in the next week, Auckland Council’s Long Term Plan (LTP), and the draft Government Policy Statement on Land Transport (GPS). Closing dates and times: LTP closes Thursday 28 February, at 11.59pm – a minute to midnight! GPS closes Tuesday 2 April, at 12pm noon – note that’s ...
From Kiwiblog’s David Farrar – Bryce Wilkinson writes: Senior Fellow Bryce Wilkinson’s analysis reveals that since March 2009, New Zealand has spent $158 billion more overseas than it has earned, but its NIIP has only fallen by $32 billion.Statistics New Zealand shows that receipts from overseas reinsurers have ...
Is she hinting that the Coalition Government will have to back down on key promises it made in Opposition? Brian Easton writes – The Minister of Finance, Nicola Willis, is telling an evolving story about her fiscal challenges. In Opposition she was confident that she could ...
Dear Nicola Willis,Right now you’ve probably got lots of competing demands coming at you. Ministers who’ve inherited quite a mess, or so you’ve told us, looking for money in the budget to improve things. I imagine that’s why they came to parliament - to make things better.You’ll have to make ...
The Local Government, Transport and Auckland Minister hasthreatened councils with intervention if they don’t merge water assets to take them off balance sheet, just as the now-repealed Three Waters plan directed. Photo: Lynn Grieveson / The KākāTL;DR: My six things of note this morning for Monday, March 25 include:Simeon ...
A listing of 36 news and opinion articles we found interesting and shared on social media during the past week: Sun, March 17, 2024 thru Sat, March 23, 2024. Story of the week Thanks to John Mason having the stamina to sit down to watch "Climate - the Movie" ...
This morning the Q&A programme had Simeon Brown on to talk about National’s replacement for Three Waters. In case anyone’s forgotten the three are - drinking water, waste water, and sewerage. It’s quite important not to get them mixed up. In much the same way that you wouldn’t want to ...
Today’s newsletter comes with a mini-podcast conversation between me and my buddy Liv Tennet, talking about her time as a child actor in Lord of the Rings. It’s a conversation with a lot of giggles as she talks about falling off a horse, and becoming a meme. Read ...
The Desmog Climate Disinformation Database documents, "individuals and organisations that have helped to delay and distract the public and our elected leaders from taking needed action to reduce greenhouse gas pollution and fight global warming." It's a who's who of the organised climate change denial movement, in other words. In ...
Bob Edlin writes – A High Court judge has decided miscreants who have mana – or who claim to have mana – should be treated differently from miscreants who have none. It’s a ruling that suggests indigenous law-breakers have a better chance of securing a discharge without conviction ...
Welcome to the first, and possibly last, edition of Brickbats, Bouquets and Bull’s Wool. In which I’ll take a look at the events of the last week or so, and rate them.In such ratings the numbers usually have more to do with the opinions of the reviewer, than the actual ...
Roger Partridge writes – My earlier column this month, New Zealand’s highest court could be facing a turning point, prompted a flood of feedback from business readers and lawyers alike. A common query was what Parliament can do to restrain an overreaching judiciary. This week I discuss two steps Parliament ...
TL;DR: In today’s ‘six-stack’ of substacks at 6.16pm on Friday, March 22: writes about New Zealand's Building Boom—And What the World Must Learn From It over at his substack. challenges the Auckland Council’s use of a 3.8 degrees of warming forecast to oppose a wave-park and data centre project ...
Is she hinting that the Coalition Government will have to back down on key promises it made in Opposition?The Minister of Finance, Nicola Willis, is telling an evolving story about her fiscal challenges. In Opposition she was confident that she could deliver her promised income tax cuts. Appointed minister, she ...
Buzz from the Beehive Ministers of the Crown have drawn attention to one sector of the science sector which is unlikely to be subjected to heavy spending cuts, a state-funded broadcaster which is doing nicely, thank you, and a sporting event that had $5.4 million from the public purse puffed ...
Abbott’s Freestyle Libre sensors allow continuous glucose monitoring (CGM). The sensor is applied to the back of the patient’s arm, with a thin filament under the skin measuring glucose levels constantly. But it costs around $100 per sensor and must be replaced once every 14 days. Photo by BSIP/Universal Images ...
The Inspector General of Intelligence and Security (IGIS) recently released a report in which he exposes the existence of a foreign intelligence partner-controlled technological “capability” inside the headquarters of the GCSB, NZ’s 5 Eyes-affiliated signals intelligence collection and analysis agency. … Continue reading → ...
Peter Dunne writes – Nearly three decades after the introduction of MMP and multiparty governments there should be a greater level of understanding about their finer points than often appears to be the case. The reaction to the despicable outburst from the Deputy Prime Minister at the weekend highlights ...
The sweet kisses from fruit of summerHave slowly been turning dullerYou say, "those times"And "remember the daysWhen we went outside and there still was the shade?"Taking no reason into play…Autumn. Clear, blue days shortening to longer nights, growing colder. Aotearoa.That’s us. The temperature dropping, the looming car crash - so ...
Bryce Edwards writes – “It is often said that behind every great man is a great woman”. This is the pitch by the National Party Botany electorate branch to attend their “Ladies Afternoon Tea with Amanda Luxon”. For $110 including GST, you can turn up on Saturday 20 April ...
David Farrar writes – The Electoral Commission has published the expense returns for political parties for the 2023 election. I’ve put them in a table with how many votes a party got so we can see the spend per vote. National only spent $3.34 for every vote they got, almost ...
Winston Peters’ headline-making actions over the past week may have been a show of political power intended to strengthen his hand in Budget negotiations. It was no accident that his State of the Nation speech was as it was. He made it as New Zealand First Leader, not as Deputy ...
Photo: Lynn Grieveson / The KākāTL;DR: The five things that mattered in Aotearoa’s political economy that we wrote and spoke about via The Kākā and elsewhere for paying subscribers in the last week included:Former Labour Finance Minister Grant Robertson bowed out of politics this week, giving a series of exit ...
Graham Adams writes — If you love the law or sausages, as the saying goes, best not to look too closely at how they are made. And after watching the orgy of self-pity when Newshub’s closure was announced on February 28, television journalism should definitely be added to the list of those ...
Venerable New Zealand political commentator, Chris Trotter (https://bowalleyroad.blogspot.com/), is a sad creature these days. Once one of the most reliable Leftist writers out there – Economic Left at that – Trotter seems to have absorbed the worldview of Auckland culture-war obsessives. It is not for me to categorise what he ...
The cruelty of short-term memory loss is that each time you ask where she is, you get the fresh shock and grief of the news. That was Dad's day yesterday.Comfortingly, it seems to be less so today. Last night he looked crumpled, today he seems more settled. There's a card ...
Photo by Alvan Nee on UnsplashIt’s that new day of the week (Thursday rather than Friday) when and I co-host our ‘hoon’ webinar with paying subscribers to The Kākā for an hour at 5 pm. Jump on this link on YouTube Livestream for our chat about the week’s news ...
Buzz from the Beehive One minister is talking tough while a colleague – whose ministry had acted tough and drawn a barrage of flak – has shown an official softening. Some ministers are doing what Labour was good at, which is distributing public funds to causes regarded as worthy or ...
A ballot for 4 Member's Bills was held today, and the following bills were drawn: Insurance Contracts Bill (Duncan Webb) Income Tax (Clean Transport FBT Exclusion) Amendment Bill (Julie Anne Genter) Crimes (Increased Penalties for Slavery Offences) Amendment Bill (Greg Fleming) Pae Ora (Healthy Futures) ...
One of the strongest narratives about "our" spy agencies is that they are basically institutional traitors, working for foreign powers (or just themselves), without any control or oversight by the elected government. And today, we have yet another report from the Inspector-General of Intelligence and Security which explicitly confirms this. ...
“It is often said that behind every great man is a great woman”. This is the pitch by the National Party Botany electorate branch to attend their “Ladies Afternoon Tea with Amanda Luxon”. For $110 including GST, you can turn up on Saturday 20 April to meet the Prime Minister’s ...
The Coalition Government’s plan to ‘get Auckland moving’ is a cuts cover-up that will ultimately cost Aucklanders more to move around the city, says Labour Auckland Issues spokesperson Shanan Halbert. ...
Slashing the Ministry of Pacific Peoples by 40% will have a devastating impact on pacific communities and further highlights how little this government cares about anything other than cutting taxes for the wealthiest few. ...
Labour has proposed an urgent inquiry to investigate the ever-increasing profits of supermarkets, aiming to lower costs for shoppers and food producers alike, says Labour Spokesperson for Commerce and Consumer Affairs Arena Williams and Primary Production Spokesperson Cushla Tangaere-Manuel. ...
With 14% of jobs on the line at the Ministry for Ethnic Communities, the responsible Minister Melissa Lee is failing to stand up for the very communities she’s meant to be representing. ...
COURT OF APPEAL: TRIFECTA OF VICTORY FOR NZ FIRST, TRIFECTA OF FAILURE FOR OPPONENTS For the third time since April 2020, New Zealand First has defeated the Serious Fraud Office and all those complicit in a malicious attack against a political party going about its lawful business in a lawful ...
The Green Party stands with people who live in public housing, people in dire housing need, experts and advocates in demanding better than the Government’s archaic approach to housing those who need our support the most. ...
New Zealand has recently lost the hosting rights of some major international sporting events including the America’s Cup, the Rugby Championship, Netball World Cup, and the Wellington Sevens. We are now at a huge risk of losing SailGP as well. And it won’t stop there. The recent issues with SailGP ...
A Member’s Bill drawn this week would modernise insurance law and make things fairer and more transparent for consumers, Christchurch Central MP Duncan Webb said. ...
The Minister for Disability Issues has confirmed she was aware of funding issues in mid-December and did nothing to stop it. On 14 March, she signed off on changes that were announced and implemented on 18 March without any consultation with disability communities. ...
Green Party MP Julie Anne Genter says her members' bill is an opportunity for the coalition government to plug the gap in electric vehicle incentives. ...
The National Government continues to talk about irresponsible tax cuts that will only drive up inflation, despite the country entering a technical recession. ...
The Minister for Disability Issues must act urgently to reinstate flexibility around the funding for disability support and apologise to disabled carers. ...
This story has been initiated by a leftie shill reporter who proactively sought to call a member of a former band, which disbanded twelve years ago, give their biased appraisal of what was said in my speech, and concocted a ham-fisted attempt at a story that does nothing but show ...
The Government has accepted Labour’s change to the Road User Charge (RUC) discount for hybrid vehicles, meaning there will still be some incentive for people to buy greener vehicles. ...
Many in the mainstream media have taken what was said in New Zealand First’s State of the Nation Speech in Palmerston North on Sunday and deliberately, deceitfully, and ignorantly misrepresented what I said and why I said it. The headlines and commentary on the news stated that I compared ‘co-governance ...
Kicking the most vulnerable people out of state housing and pushing them towards homelessness will result in a proliferation of poverty and trauma across our most vulnerable communities. ...
Te Pāti Māori co-leader and MP for Waiariki, Rawiri Waititi has penned a letter asking MPs to support his members bill to remove GST from all food. The bill is expected to go through its first reading in parliament this Wednesday. “I’m calling on all political parties to support my ...
Good afternoon. Thank you for, in your very busy lives, turning up to this meeting today. On October 14th last year New Zealanders overwhelmingly voted for change. That is exactly what this new government is bringing. New Zealand First campaigned to ‘take back our country’ and stop the disastrous economic ...
This year is about getting real with Kiwis and discussing the tough issues, as the National Government exacerbates inequality and divides New Zealand, Labour Leader Chris Hipkins said ...
The Government adding Significant Natural Areas (SNAs) to its already roaring environmental policy bonfire is an assault on the future of wildlife that makes Aotearoa unique. ...
After 12 years of fighting to protect our moana we are finding ourselves back at square one and back at court. Today, the Environmental Protection Agency is sitting in Hawera to reconsider an application from Trans-Tasman Resources to dig up 50 million tonnes of the seabed in South Taranaki. This ...
Minister Shane Jones’ decision to step away from a seabed mining project is evidence of the murky waters surrounding the Government’s fast-track legislation. ...
The growth of Treaty of Waitangi clauses in legislation caused so much worry that a special oversight group was set up by the last government in a bid to get greater coherence in the publicservice on Treaty matters. When ministers first considered the need for tighter oversight in 2021, there ...
The growth of Treaty of Waitangi clauses in legislation caused so much worry that a special oversight group was set up by the last government in a bid to get greater coherence in the publicservice on Treaty matters. When ministers first considered the need for tighter oversight in 2021, there ...
The Coalition Government’s miscalculation saga continues as it has forgotten an eyewatering $90 million gap in its interest deductibility cost figures, say Labour Finance spokesperson Barbara Edmonds and Revenue Spokesperson Deborah Russell. ...
He Pou a Rangi Climate Change Commission has today released advice that says if the Government doesn’t act now New Zealand is at risk of not meeting its climate goals. ...
The Coalition Government has today confirmed it is abandoning first home buyers who are struggling to get ahead, says Labour Finance spokesperson Barbara Edmonds. ...
Transport Minister Simeon Brown has welcomed the passing of legislation to move light electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) into the road user charges system from 1 April. “It was always intended that EVs and PHEVs would be exempt from road user charges until they reached two ...
New Zealand is strengthening its ability to combat illegal fishing outside its domestic waters and beef up regulation for its own commercial fishers in international waters through a Bill which had its first reading in Parliament today. The Fisheries (International Fishing and Other Matters) Amendment Bill 2023 sets out stronger ...
Economists Carl Hansen and Professor Prasanna Gai have been appointed to the Reserve Bank Monetary Policy Committee, Finance Minister Nicola Willis announced today. The Monetary Policy Committee (MPC) is the independent decision-making body that sets the Official Cash Rate which determines interest rates. Carl Hansen, the executive director of Capital ...
Apartment owners and buyers will soon have greater protections as further changes to the law on unit titles come into effect, Housing Minister Chris Bishop says. “The Unit Titles (Strengthening Body Corporate Governance and Other Matters) Amendment Act had already introduced some changes in December 2022 and May 2023, and ...
Foreign Minister Winston Peters will travel to Egypt and Europe from this weekend. “This travel will focus on a range of New Zealand’s traditional diplomatic and security partnerships while enabling broad engagement on the urgent situation in Gaza,” Mr Peters says. Mr Peters will attend the NATO Foreign ...
Transport Minister Simeon Brown is encouraging all road users to stay safe, plan their journeys ahead of time, and be patient with other drivers while travelling around this Easter long weekend. “Road safety is a responsibility we all share, and with increased traffic on our roads expected this Easter we ...
About 1.4 million New Zealanders will receive cost of living relief through increased government assistance from April 1 909,000 pensioners get a boost to Superannuation, including 5000 veterans 371,000 working-age beneficiaries will get higher payments 45,000 students will see an increase in their allowance Over a quarter of New Zealanders ...
Ensuring social housing is being provided to those with the greatest needs is front of mind as the Government restarts social housing tenancy reviews, Associate Housing Minister Tama Potaka says. “Our relentless focus on building a strong economy is to ensure we can deliver better public services such as social ...
The Kermadec Ocean Sanctuary will not go ahead, with Cabinet deciding to stop work on the proposed reserve and remove the Bill that would have established it from Parliament’s order paper. “The Kermadec Ocean Sanctuary Bill would have created a 620,000 sq km economic no-go zone,” Oceans and Fisheries Minister ...
Dam safety regulations are being amended so that smaller dams won’t be subject to excessive compliance costs, Minister for Building and Construction Chris Penk says. “The coalition Government is focused on reducing costs and removing unnecessary red tape so we can get the economy back on track. “Dam safety regulations ...
The coalition Government is expanding the medium-scale adverse event classification to parts of the North Island as dry weather conditions persist, Agriculture Minister Todd McClay announced today. “I have made the decision to expand the medium-scale adverse event classification already in place for parts of the South Island to also cover the ...
The passing of legislation giving effect to coalition Government tax commitments has been welcomed by Finance Minister Nicola Willis. “The Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Bill will help place New Zealand on a more secure economic footing, improve outcomes for New Zealanders, and make our tax system ...
Science, Innovation and Technology Minister Judith Collins and Tertiary Education and Skills Minister Penny Simmonds today announced plans to transform our science and university sectors to boost the economy. Two advisory groups, chaired by Professor Sir Peter Gluckman, will advise the Government on how these sectors can play a greater ...
The Budget will deliver urgently-needed tax relief to hard-working New Zealanders while putting the government’s finances back on a sustainable track, Finance Minister Nicola Willis says. The Finance Minister made the comments at the release of the Budget Policy Statement setting out the Government’s Budget objectives. “The coalition Government intends ...
The coalition Government will look at options to address a zoning issue that limits how much financial support Queenstown residents can get for accommodation. Cabinet has agreed on a response to the Petitions Committee, which had recommended the geographic information MSD uses to determine how much accommodation supplement can be ...
Cabinet has agreed to a short extension to the final reporting timeframe for the Royal Commission into Abuse in Care from 28 March 2024 to 26 June 2024, Internal Affairs Minister Brooke van Velden says. “The Royal Commission wrote to me on 16 February 2024, requesting that I consider an ...
The coalition Government is delivering an $18 million boost to New Zealanders needing to travel for specialist health treatment, Health Minister Dr Shane Reti says. “These changes are long overdue – the National Travel Assistance (NTA) scheme saw its last increase to mileage and accommodation rates way back in 2009. ...
The Government is recognising the innovative and rising talent in New Zealand’s growing space sector, with the Prime Minister and Space Minister Judith Collins announcing the new Prime Minister’s Prizes for Space today. “New Zealand has a growing reputation as a high-value partner for space missions and research. I am ...
Foreign Minister Winston Peters has confirmed New Zealand’s concerns about cyber activity have been conveyed directly to the Chinese Government. “The Prime Minister and Minister Collins have expressed concerns today about malicious cyber activity, attributed to groups sponsored by the Chinese Government, targeting democratic institutions in both New ...
Independent Reviewers appointed for School Property Inquiry Education Minister Erica Stanford today announced the appointment of three independent reviewers to lead the Ministerial Inquiry into the Ministry of Education’s School Property Function. The Inquiry will be led by former Minister of Foreign Affairs Murray McCully. “There is a clear need ...
State Highway 1 across the Brynderwyns will be open for Easter weekend, with work currently underway to ensure the resilience of this critical route being paused for Easter Weekend to allow holiday makers to travel north, Transport Minister Simeon Brown says. “Today I visited the Brynderwyn Hills construction site, where ...
Introduction Good morning to you all, and thanks for having me bright and early today. I am absolutely delighted to be the Minister for Infrastructure alongside the Minister of Housing and Resource Management Reform. I know the Prime Minister sees the three roles as closely connected and he wants me ...
New Zealand stands with the United Kingdom in its condemnation of People’s Republic of China (PRC) state-backed malicious cyber activity impacting its Electoral Commission and targeting Members of the UK Parliament. “The use of cyber-enabled espionage operations to interfere with democratic institutions and processes anywhere is unacceptable,” Minister Responsible for ...
Foreign Minister Winston Peters and Defence Minister Judith Collins today announced New Zealand will provide logistics support for the upcoming Solomon Islands election. “We’re sending a team of New Zealand Defence Force personnel and two NH90 helicopters to provide logistics support for the election on 17 April, at the request ...
The European Union Free Trade Agreement Legislation Amendment Bill received Royal Assent today, completing the process for New Zealand’s ratification of its free trade agreement with the European Union. “I am pleased to announce that today, in a small ceremony at the Beehive, New Zealand notified the European Union ...
Public consultation on the terms of reference for the Royal Commission into COVID-19 Lessons has concluded, Internal Affairs Minister Hon Brooke van Velden says. “I have been advised that there were over 11,000 submissions made through the Royal Commission’s online consultation portal.” Expanding the scope of the Royal Commission of ...
Hardworking families are set to benefit from a new credit to help them meet their early childcare education (ECE) costs, Finance Minister Nicola Willis says. From 1 July, parents and caregivers of young children will be supported to manage the rising cost of living with a partial reimbursement of their ...
A specialised Independent Technical Advisory Group (ITAG) tasked with preparing and publishing independent non-binding advice on the design of a "green" (sustainable finance) taxonomy rulebook is being established, Climate Change Minister Simon Watts says. “Comprising experts and market participants, the ITAG's primary goal is to deliver comprehensive recommendations to the ...
Defence Minister Judith Collins has thanked the Chief of Army, Major General John Boswell, DSD, for his service as he leaves the Army after 40 years. “I would like to thank Major General Boswell for his contribution to the Army and the wider New Zealand Defence Force, undertaking many different ...
25 March 2024 Minister to meet Australian counterparts and Manufacturing Industry Leaders Small Business, Manufacturing, Commerce and Consumer Affairs Minister Andrew Bayly will travel to Australia for a series of bi-lateral meetings and manufacturing visits. During the visit, Minister Bayly will meet with his Australian counterparts, Senator Tim Ayres, Ed ...
Government commits almost $3 million for period products in schools The Coalition Government has committed $2.9 million to ensure intermediate and secondary schools continue providing period products to those who need them, Minister of Education Erica Stanford announced today. “This is an issue of dignity and ensuring young women don’t ...
Good morning, it’s great to be here. First, I would like to acknowledge the New Zealand Institute of Building Surveyors and thank you for the opportunity to be here this morning. I would like to use this opportunity to outline the Government’s ambitious plan and what we hope to ...
Minister for Pacific Peoples Dr Shane Reti has announced the Government’s commitment to the Auckland Secondary Schools Māori and Pacific Islands Cultural Festival, more commonly known as Polyfest. “The Ministry for Pacific Peoples is a longtime supporter of Polyfest and, as it celebrates 49 years in 2024, I’m proud to ...
Before moving onto the substance of today’s address, I want to recognise the very significant and ongoing contribution the Breast Cancer Foundation makes to support the lives of New Zealand women and their families living with breast cancer. I very much enjoy working with you. I also want to recognise ...
New Zealand has notched up a first with the launch of University of Canterbury research to the International Space Station, Science, Innovation and Technology and Space Minister Judith Collins says. The hardware, developed by Dr Sarah Kessans, is designed to operate autonomously in orbit, allowing scientists on Earth to study ...
Introduction Thank you for inviting me to speak with you today and I’m sorry I can’t be there in person. Yesterday I started in Wellington for Breakfast TV, spoke to a property conference in Auckland, and finished the day speaking to local government in Christchurch, so it would have been ...
The Coalition Government is contributing more than $1 million to support the establishment of an emergency multi-agency coordination centre in Northland. Emergency Management and Recovery Minister Mark Mitchell announced the contribution today during a visit of the Whangārei site where the facility will be constructed. “Northland has faced a number ...
New Zealanders have enjoyed a broader range of voices telling the story of Aotearoa thanks to the creation of Whakaata Māori 20 years ago, says Māori Development Minister Tama Potaka. The minister spoke at a celebration marking the national indigenous media organisation’s 20th anniversary at their studio in Auckland on ...
Commercial catch limits for some fisheries have been increased following a review showing stocks are healthy and abundant, Ocean and Fisheries Minister Shane Jones says. The changes, along with some other catch limit changes and management settings, begin coming into effect from 1 April 2024. "Regular biannual reviews of fish ...
EDITORIAL:The Jakarta Post It happens again and again; indigenous Papuans fall victim to Indonesian soldiers. This time, we have photographic evidence for the brutality, with videos on social media showing a Papuan man being tortured by a group of plainclothes men alleged to be the Indonesian Military (TNI) members. ...
Source: The Conversation (Au and NZ) – By Robyn J. Whitaker, Director of the Wesley Centre for Theology, Ethics, and Public Policy & Associate Professor, New Testament, Pilgrim Theological College, University of Divinity A strange and eclectic range of activities takes place across these few weeks of the year. Some ...
Source: The Conversation (Au and NZ) – By Panizza Allmark, Professor Visual & Cultural Studies, Edith Cowan University It’s Easter weekend, which means many of us will be kicking back with the greatest hits on repeat. But whether you’re a boomer, or an ‘80s or ’90s kid, you might be ...
RNZ Pacific Fiji’s Acting Public Prosecutor has filed an appeal against the sentences of former prime minister Voreqe Bainimarama and suspended police chief Sitiveni Qiliho in their corruption case. Bainimarama was granted an absolute discharge for attempting to pervert the course of justice while Qiliho received a conditional discharge with ...
Source: The Conversation (Au and NZ) – By Arosha Weerakoon, Senior Lecturer and General Dentist, School of Dentistry, The University of Queensland Casezy idea/Shutterstock How does toothpaste work? What did people use before toothpaste was invented? – Amelia, age 7, Meanjin (Brisbane) Thanks for your ...
Source: The Conversation (Au and NZ) – By Brett Hallam, Associate professor, UNSW Sydney IM Imagery/Shutterstock Solar SunShot is well named. The Australian government announced today it would plough A$1 billion into bringing back solar manufacturing to Australia, boosting energy security, swapping coal and gas jobs for those ...
Source: The Conversation (Au and NZ) – By Clare Dix, Research Fellow in Nutrition & Dietetics, The University of Queensland Easter is the time for chocolate. The shops are full of fantastically packaged and shiny chocolates in all shapes and sizes, making trips to the supermarket with children more challenging ...
Source: The Conversation (Au and NZ) – By Emma Felton, Adjunct Senior Researcher, University of South Australia Even in a stubborn cost-of-living crisis, it seems there’s one luxury most Australians won’t sacrifice – their daily cup of coffee. Coffee sales have largely remained stable, even as financial pressures have ...
Mining company Trans-Tasman Resources has unexpectedly withdrawn its application for a consent to suck the valuable metals vanadium and titanium from the Taranaki seafloor, as it apparently wagers on the Government’s new fast-track process. It had spent two-and-a-half days putting its case to the Environmental Protection Agency’s decision-making committee, at ...
Contrary to the Associate Minister of Education’s claims, analysis of Healthy School Lunches Programme - Ka Ora, Ka Ako assessments has revealed it provides excellent value for the taxpayer dollar, as a groundswell of public opposition to Government ...
Greenpeace says wannabe Taranaki seabed miner Trans-Tasman Resources is likely banking on Christopher Luxon’s fast-track process to side-step proper scrutiny of its Taranaki seabed mining proposal by bailing out of the Environmental Protection Agency hearing ...
Kiwis Against Seabed mining today slammed Australian owned would-be seabed miner Trans Tasman Resources (TTR) for abandoning its application to the Environmental Protection Authority (EPA) to mine the seabed of the South Taranaki Bight. The company ...
Source: The Conversation (Au and NZ) – By Katie Attwell, Associate Professor, School of Social Sciences, The University of Western Australia Ground Picture/Shutterstock Months after COVID vaccines were introduced in 2021, governments and private organisations mandated them for various groups. Health and aged care workers were among the ...
Source: The Conversation (Au and NZ) – By Andrew Dzurak, Scientia Professor Andrew Dzurak, CEO and Founder of Diraq, UNSW Sydney Diraq For decades, the pursuit of quantum computing has struggled with the need for extremely low temperatures, mere fractions of a degree above absolute zero (0 Kelvin or ...
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 A national Essential poll, conducted March 20–24 from a sample of 1,150, gave the Coalition a 50–44 lead including undecided, a reversal ...
The Taxpayers’ Union has today made a formal request under the Regulations of the People’s Republic of China on Open Government Information () for information held about how New Zealand Members of Parliament are spending taxpayer ...
Source: The Conversation (Au and NZ) – By Robert Nelson, Honorary Principal Fellow, The University of Melbourne A Byzantine depiction of the Eucharist in Saint Sophia Cathedral, Kyiv.Jacek555/Wikimedia Commons, CC BY-SA A nasty quarrel arose in the 11th century over what kind of bread should be used in holy ...
Source: The Conversation (Au and NZ) – By Patrick Hesp, Professor, Flinders University Patrick Hesp In some parts of Australia, coastal dunes are retreating from the ocean at an alarming rate, as waves carve up the beach and wind blows the sand inland. But coastal communities are largely ...
Source: The Conversation (Au and NZ) – By Luke Heemsbergen, Senior Lecturer, Digital, Political, Media, Deakin University With an impressive 60% of the US smartphone market, Apple is undeniably big, but not a clear monopoly. Yet, years of innovation by Apple have effectively given the company its own exclusive ...
Whether you’re facing layoffs or are just an emotional junior staffer, it’s always a good idea to scout out a good crying place before you need it. It’s an incredibly hard time for Wellington. Across the city, thousands of public servants are hearing tough news about redundancies and layoffs. Government ...
Source: The Conversation (Au and NZ) – By James Miller-Jones, Professor, Curtin University Nuclear explosions on a neutron star feed its jets. Danielle Futselaar and Nathalie Degenaar, Anton Pannekoek Institute, University of Amsterdam, CC BY-SA How fast can a neutron star drive powerful jets into space? The answer, it ...
Source: The Conversation (Au and NZ) – By Daryl Adair, Associate Professor of Sport Management, University of Technology Sydney Earlier this week, independent MP Andrew Wilkie accused the AFL of conducting “off the books” illicit drug testing to identify players using substances of abuse, then inappropriately withdrawing them from matches ...
The Government’s announcement that it will scrap plans for a vast marine sanctuary around the Kermadec Islands is ‘shameful’ and will make it impossible for Aotearoa New Zealand to meet its international commitments, says the World Wide Fund for Nature ...
Source: The Conversation (Au and NZ) – By John Quiggin, Professor, School of Economics, The University of Queensland Shutterstock The federal government has bowed to pressure from the car industry, announcing it will relax proposed emissions rules for utes and vans and delay enforcement of the new standards ...
Source: The Conversation (Au and NZ) – By Suzanne Rutland, Professor Emerita, University of Sydney In his latest book, Jewish Life in Medieval Spain, Jonathan Ray focuses on the tumult of the 14th century in Spain – a time of the plague, civil strife and war between the two largest ...
While creating a slate of world-class shows, Whakaata Māori also developed a generation of world-class creatives. Television is an odd word. It mixes the Ancient Greek and Latin languages, and its most literal meaning is “far-off sight”. In the contemporary and living language of te reo Māori, “whakaata” as a ...
Yesterday the UN Security Council passed a resolution demanding an immediate ceasefire in Israel’s war on Gaza. This significant step and the deteriorating humanitarian situation in Gaza prompted an urgent debate in the New Zealand Parliament. Leader ...
The Government’s decision to reduce access to continuous glucose monitors (CGM) not only threatens the lives of children with type 1 diabetes and increases the potential for ‘Dead in Bed’ syndrome, but also threatens the health of their parents an ...
Apples are available year-round, but the wide variety on offer involves intensive scientific research – and large-scale commercialisation. What’s beautiful, red, sweet and crunchy? Tony Martin’s favourite kind of apple: Sassy. The CEO of apple and pear breeding organisation Prevar, Martin’s fondness for Sassy represents professional success as well as ...
Family violence specialist service Shine is calling on employers to stop asking for proof of domestic violence in order for employees to access domestic violence leave. The call comes five years after the introduction of the Domestic Violence ...
The Deputy Chairperson of the Finance and Expenditure Committee is calling for public submissions on the Budget Policy Statement 2024. The Budget Policy Statement 2024 (BPS) sets out the Government's priorities for the 2024 Budget. It explains the approach ...
Brutal government spending cuts that will see the size of the Ministry for Pacific Peoples slashed by 40% will hit Pasifika communities hard, the PSA says. The Ministry has told staff that it is seeking voluntary redundancies, and to redeploy and reassign ...
I live with five people I mostly love, but our different ideas about generosity are starting to really irk me.Want Hera’s help? Email your problem to helpme@thespinoff.co.nzDear Hera,This is a bit of a random one but here goes. I’m 22 and work an OK job (OK meaning I get paid ...
Source: The Conversation (Au and NZ) – By Maria Nicholas, Senior Lecturer in Language and Literacy Education, Deakin University Earlier this month, the New South Wales government announced it would roll out programs for gifted students in every public school in the state. This comes amid concerns gifted school ...
Source: The Conversation (Au and NZ) – By Christopher Rudge, Law lecturer, University of Sydney Massachusetts General Hospital In a world first, we heard last week that US surgeons had transplanted a kidney from a gene-edited pig into a living human. News reports said the procedure was a ...
Source: The Conversation (Au and NZ) – By David Tombs, Howard Paterson Chair of Theology and Public Issues, University of Otago The 5th-century Maskell panel showing Jesus in a loincloth.British Museum, CC BY-NC-SA When Jesus is shown on the cross, he is almost always depicted wearing a loincloth around ...
Source: The Conversation (Au and NZ) – By Panizza Allmark, Professor Visual & Cultural Studies, Edith Cowan University Shutterstock When you think about a red object, you might picture a red carpet, or the massive ruby in the Queen’s crown. Indeed, Western monarchies and marketing from brands such ...
COMMENTARY:Jewish Voice for Peace The UN Security Council passed a resolution demanding an immediate ceasefire in Gaza on Monday — and for the first time since the beginning of the Israeli military’s genocide of Palestinians, the United States abstained rather than vetoing it. Security Council resolutions are legally binding, ...
Asia Pacific Report A New Zealand investigative journalist and author says the US spy system hosted by the Government Communications Security Bureau (GCSB) appears to be a controversial intelligence system used in global capture-kill operations. Writing a commentary for RNZ News today, Nicky Hager, author of Secret Power, a 1996 ...
While Nicola Willis wouldn’t give any details on its size, she said a package of tax cuts is definitely still coming in this year’s budget, writes Catherine McGregor in this excerpt from The Bulletin, The Spinoff’s morning news round-up. To receive The Bulletin in full each weekday, sign up here. ...
The Taxpayers’ Union is welcoming the investigation into the Department of Internal Affairs after it was revealed that the Department’s Chief Executive personally reached out to expedite a DJs passport application. Taxpayers’ Union Campaigns ...
Finance minister Nicola Willis delivers her first budget statement, and unwittingly helps Joel MacManus save his relationship. Nicola Willis strode into the Beehive Theatrette. Around me, on the green foldout seats, were the country’s top business and political journalists. They were all here to see her announce the Budget Policy ...
Twenty years ago today, Māori Television launched after much controversy. Jamie Tahana looks back on its survival and impact across two decades. Chad Chambers stepped onto the stage, the brim of his cap casting a shadow across his face. His smile beamed as bright as his white freezing works gumboots, ...
Tauranga, Rotorua, Wellsford, Onehunga, Westhaven marina – Gavin Strawhan walks the meanish streets of New Zealand in his entertaining debut novel The Call, almost sure to roar into the number 1 position on the Nielsen bestseller chart, its front cover bearing a rave from somebody: “A really good and genuinely ...
On a Thursday in February, at Wellington’s Conservation House, the Conservation Authority, a statutory body advising the eponymous department and minister, Tama Potaka, opened its 195th meeting. Under consideration that afternoon was an agenda item written by Tim Bamford, chief advisor in the Department of Conservation’s biodiversity, heritage and visitors ...
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A lengthy response to the recently released draft Government policy statement on transport will soon be delivered from Auckland Council to Minister of Transport Simeon Brown. A submission raising concerns about funding distribution and the plan’s treatment of Auckland passed through the council’s transport committee on Wednesday, despite some councillors ...
The unidentified foreign intelligence operation discussed in a scathing report by New Zealand’s Inspector-General of Intelligence and Security (IGIS) last week appears to be a controversial United States intelligence system. The IGIS report said the Government Communications Security Bureau (GCSB) decision to host a foreign system from 2012-2020 was “improper” ...
As a young gymnast, Aimee Didierjean was always conscious of making sure her underwear wasn’t showing on the competition floor. A peek of a bra strap, or briefs if a leotard rode up, would cost a gymnast points in her routines. “When I was growing and going through puberty, it ...
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Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra In 2023, Anthony Albanese was shooting for the moon, his eyes on the Voice referendum. On one view, he looked like the idealist reflecting his left-wing roots. In 2024, we’re seeing a pragmatic, determined, ...
The House - The principle that all MPs are honourable and that they should be taken at their word has been tested multiple times this week in Parliament. ...
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Lotto : more Harm..than good. RNZ and Guyon Espiner.
"NZ's Luckiest lotto stores" ? Fabricated..if not an outright LIE !
Good work, Guyon and RNZ . I hope Jan Tinetti as Minister…investigates this insidious, well advertised/promoted everywhere, harmful to the target communities, ..as much as Guyon has.
There are more in this series Links on RNZ
Incl 9 year olds !
https://www.rnz.co.nz/news/national/474574/government-under-pressure-to-change-law-as-9-year-olds-buy-lotto-tickets
Any promotion of any aspect of institutional gambling; Lotto, Instant Kiwi, TAB, should be made illegal.
Additionally, all pokies should be shut down. The revenue they raise for the community is far outweighed by the harm they cause.
Aye. lotto has become some kind of "acceptable" monster….
These will be just the visible. Harmful …but extremely well promoted . Definitely a conflict of interests here in NZ
And absolutely re pokies! Always touted as of great benefit to their communities….the reality is they suck all benefit…out, and into the pokie owners bank.
I am heartened to see change from some NZ Councils…who can see the harm. Waitaki an example…apart from right wing "humourist" ol' Jim Hopkins.
Are we to question the social harm of casinos as well while we're at it?
Go for it ….
John Ralston Saul said it such a long time ago (Doubter's Companion, 1995).
Oh thanks for that ! Have to say that the Standard and Standardistas (first time user: ) does raise the bar…as to previously unknown (well to me anyway ! ) Authors,Scientists, Economists,Historians,etc; etc;
Great stuff : )
His work is known for being thought-provoking and ahead of its time, leading him to be called a “prophet” by Time[3] and to be included in Utne Reader’s list of the world’s leading thinkers and visionaries.
https://en.wikipedia.org/wiki/John_Ralston_Saul
Oh Roger Federer.
The most elegant player we've ever seen.
Hope you go out on a high.
Out of the three greatest (IMO) Federer has always been my favourite. I think Nadal is probably statistically the best as he's won the most grand slams. I think Djokovic will eventually become the 'greatest' or most grand slam winner as long as he remains injury free.
Alcarez may get too strong b4 djocj can overtake Rafa. BTW alcarez is coached by rafas uncle Tony
A tennis great indeed, but I have always found Nadal to be a nicer guy. Federer is a bit too much into himself for me.
Djokovic is an anti-vax wanker of course.
Of course!
'But, but, but don't you know who I am?', as well? & Mountains and mere public health whims of multiple Govts must be moved for me
My partner's aunt in Staffs is keen on Andy Murray and she would want me to throw his name in somewhere.
Of course he's a wanker. He's standing up for bodily autonomy and basic human rights that many on the left were fine with trampling all over.
I'm sure you are right…..NOT!
A little over wrought I would say. I mean having a choice about vaccinations and mask wearing for the good of society and oneself are really shameful breaches of basic human rights.
/sarc.
We’ve been told not to upset those who are in the 10 week mourning period for the late monarch. So I’ll focus on some interesting facts.
I haven’t had a pint since the Elizabethan Period.
Brian Tamaki was in Hotel Bonaparte in Paris during Elizabethan times.
Matthew Hooton hasn’t rolled a National Party leader since the Elizabethan age.
How am I doing? Anyone else with interesting facts?
60 days seems to be the vital period in America for walking on eggshells.
"The Department of Justice may now hold off making any decision on whether to criminally charge Donald Trump until after the midterms in order to abide by the so-called "60 day rule."
While the 60 day rule is not official legislation, there is a long running tradition that the Department of Justice will avoid making any decisions that could affect how people vote so close to an upcoming election or elections."
The DOJ prioritises not wanting to affect how people might vote instead of prioritising not wanting to deal with people who commit crimes.
https://www.newsweek.com/donald-trump-unlikely-charged-crime-midterms-60-day-ruledoj-1741535
Not something James Comey cared about in 2016.
Very true.
Pablo always an interesting read. You can see elements of what is happening in the US being attempted here.
https://www.kiwipolitico.com/2022/09/democratic-compromise-as-the-mutual-second-best/
”That is what has been lost in the US: the acceptance that democracy rests on a contingent economic and political compromise between the electorate and elites. Workers agree to accept capitalism in exchange for better wages, job security and living conditions, including educational opportunity and access to affordable housing, drinking water, transportation, power and the like. Elites agree to use a percentage of their pre-tax profits an/or increased corporate and individual taxation to provide the mass of wage-earners with the material conditions required for social peace. Regardless of partisan identity, governments mediate interests and administer the broad terms of the bargain.
That is a central feature. What brings this all together as a workable outcome over time is a regularly refreshed political bargain between agents of elites and workers in all of their guises–lobbies, unions, parties, non-profits, community organisations etc. They all have their specific interests that make for differences in priority and approaches to pursuing them. But they have a larger common interest in seeing the system work because it is the best guarantee that everyone comes away with something now and in the future. All political actors understand this and governments act accordingly.”
Viv Beck pulls out of the mayoral race:
https://www.rnz.co.nz/news/national/474881/auckland-mayoralty-viv-beck-pulls-out-from-race
So, down to brown vs. Brown then?
Now it's a two horse race.
One of the worst campaigns in recent political history.
Beck started out as a front-runner, a "moderate" Nat, apparently more reasonable than the Leo Molloy clown show. Then the curse of Jordan Williams struck, and she put out nasty social media posts and destroyed her own chances. She got what she deserved.
OMG the papers are printed and go into the mail today. It's too late.
Auckland mayoralty: Viv Beck withdraws from campaign with 'heavy heart' – NZ Herald
What a comprehensive meltdown for C&R.
$$millions down the drain, right on the eve of the actual voting.
Thousands of voters will put their vote beside her dutifully since they are loyal to C&R, and they will be disenfranchised because of this stupidity.
The right-leaning citizens should not hold back on this.
She will have come under massive pressure from the rich old white men in the "smoke filled rooms".
They have probably reimbursed her election expenses and lined her up for a plum job somewhere.
I'd expect she'd go straight back to her actual job as CE of Heart of the City.
This is funded by CBD businesses and Auckland Council.
Next time you're told that we need that right wing business competence because the left couldn't run a bath, remember this:
Viv Beck has withdrawn from the mayoral race in Auckland only after the ballot papers are printed and sent out, and after the hoardings have gone up.
Vote Viv!
There are Molloy advertisements still up.
I encourage adding Malloy in as a write in candidate at this stage.
The objectives of a business are narrow, comparatively simple and self-interested. Government is the opposite. Its responsibilities are wide, horribly complicated and involve service to the common good. Business is therefore terrible preparation for government – other than the habits of diligence, sociability and problem-solving that it can foster.
In any case, it's clear that the instruction has gone out and Beck has done as required. Collins will need decent turnout I fear – and Brown has the grumpy old white man who knows all the answers and the problem is that no-one is listening to him because they are all so woke vote all sewn up.
I mean, this is just absurdly funny … and she wanted to run a city?
Auckland Council have confirmed Viv Beck can’t technically pull out of the race at this stage. Any votes she receives will be counted and if she wins, she’d have to resign or take office.
https://twitter.com/katieabradford/status/1570548287689883649
It’s a toss up between a clusterfuck and a fucking shambles …
Oh, c'mon Incognito, be fair, Just BAU.
Posted from the antipodean far reaches of ChCh, And giggling!
Latest polling shows National and Act overtaking the Greens and Labour.
As we approach the dying days of the Ardern administration.
If the Prime Minister wanted to get a lift in the polls and see her administration last beyond the next election, all she has to do, is end the housing crisis.
She could do this easily and immediately, without any cost to the tax payers..
Ending the housing crisis would be the easy part, convincing her fellow cabinet Ministers to want to, would be the hard part.
As Chris Trotter so aptly put it, the neo-liberal fanatics in Labour would rather keep their control of the losing side than, than lose their control of the winning side. Neoliberals would die in a ditch before allowing our homeless families to be housed, if it was at the expense of the banksters, the housing speculators, the profiteering rack-renters, the wealth storing creeps, (ie their people).
Oh really !..And I dont think Mr Trotter would know apt from ass…even if he had to sing it. Perish that….
Interesting. I increasingly think however, that polls should be required to report undecided, and actual levels of support, which gives a more realistic picture to the voting public, rather than pretending that either party commands a valid majority.
The overall general downward trend is what is what is significant.
The P.M. would have to do something dramatic and progressive to reverse that general downward trend, if she wants to stay in office.
In my opinion an empty homes tax would do it.
The PM would have a hell of a battle on her hands to convince her cabinet colleagues.
The struggle over the CGT is instructive. This mildest of tax reform on housing speculation, recommended by the Tax Working Group, was rejected out of hand by the government.
I think we can safely conclude from this failure to achieve even the mildest conservative reform to deter housing speculation, that this government has done all it's going to do on progressive legislation. It's done. That's it. Sayonara
Cat MacLennan
What Auckland’s ‘ghost homes’ could do for the housing crisis
Cat MacLennan is a barrister, journalist, and media commentator.
It was certainly a bizarre move. When an organization as conservative as the OECD recommends a CGT, you have to wonder how far right Labour have drifted to ignore them.
Land taxes, wealth taxes, inheritance taxes. Let's do a Jubilee every 49 years. Let's make all land leasehold for 99 years. No more private landowners building disgusting little billionaire fiefdoms all over Aotearoa
The P.M. would have to do something dramatic and progressive to reverse that general downward trend, if she wants to stay in office.
I know. She could come out and say that climate change is her generation's nuclear-free moment.
Oh wait …
(She could still show how the government was going to lead us – including farmers – to do something meaningful about it).
Seems to me to be a major issue with this narrative. That being that, in extending the bright line test to 10 years and some minor reforms at IRD the govt did implement a CGT. This was also accepted by National, with the caveat that Key was happy with the two year bright line test.
I mean what is the problem with the understanding that if your speculating on housing appreciation that you will pay tax on that activity in NZ?
I remember Mickeysavage alluding to this point in a recent tax post. Maybe some credit should be given for actually following through on a Labour campaign promise. This is probably due even if twitter doesn't really understand that its the same policy with a different name.
Otherwise some reflection seems due on what critical differences exist which make it impossible to acknowledge a policy success. Surely the policy name is not an important part of the policies workings?
Yes agreed. I am also a bit uncomfortable about this poll. It's done by a right wing National party operative (Farrar) for a far right think tank (Taxpayers Union). If Farrar had done it for a reputable client I would be OK with it – because the client would actually care about the methodology and accuracy of reporting, and Farrar would lose the contract if these weren't up to scratch. But the whole purpose of the Taxpayer's Union is propaganda – and we are in an age where polls are increasingly weaponised and used to form opinion, rather than to merely report it.
That said, I have no doubt that it's all very close between the two sides now, and has been for some time – because other polls show something similar.
Some polls are tools for measuring public opinion, other polls are tools for manipulating public opinion. The polls might be sound in their own right, but the timing of release, the reporting, the ‘affiliated’ narrative, et cetera, can change the context considerably. Watch for click bait headlines each time a poll comes out.
Well said AB 1OO %
Talbot Mills has also come out with much the same figures over much the same period (2 days earlier)
https://en.wikipedia.org/wiki/Opinion_polling_for_the_next_New_Zealand_general_election#Nationwide_polling
They have Labour slightly higher than Curia does – though both have National ahead.
Talbot Mills polls for the Labour Party
https://www.nzherald.co.nz/nz/latest-political-poll-points-to-tight-race-for-national-and-labour-with-right-and-left-blocs-even/4DB2VOP7W4XVSRWGRZ2N7KZP4U/
If Curia-for-the-Taxpayers-Union were consistently slanted – we'd see this in the results of the polls (see link to the invaluable Wikipedia resource, above), and we don't.
While I'd say that right/left are still too close to call (my default position on poll differences under 5%) – the difference is starting to widen. And, will be giving Labour numbers men (or women) cause for concern.
This polling period did cover the fall-out from the Sharma affair (though I suspect this was more of a beltway issue). But the issues people are claiming influence their voting, are economic ones – rising cost-of-living, etc. Which Labour have little control over, but the government wears the blame for.
Nats/ACT 49
Lab/Gr/MP 44.5
Hardly definitive when the government is suffering from a Cost of Living crisis not of its own making. 14 months is a long time in politics.
The general downward trend in government support has hit the point of intersection. In my opinion reversing the direction of this trend and make it head in the upward direction, or even level off will take some effort. The cost of living crisis is not of the government's making, but more affordable and attainable housing will go some way to address it.
I might suggest taking GST off food and replacing the lost revenue with an FTT, (Robin Hood Tax), as another measure to address the cost of living crisis. The Labour Party once supported removing GST off food in opposition. But in government, removing GST off food is a step way too far for most neoliberals, (even in an unaddressed cost of living crisis that could see them turfed out of office).
P.S. Fancy that, just like Labour when they are out of office, Jim Bolger is out of office, he is all for tax justice.
As I have said many times on TS, a Wealth Tax is what is desperately needed to reduce inequality….only the Green Party supports this.
Even Piketty has backed away from wealth taxes because France tried one and failed. Land tax would work though.
I have some difficulty in how a land tax would work. On one income it is already hard enough to pay bills let alone try and save for retirement for two people and the occasional getting kids out of the shit when bad things happen. I already pay an extra $6,000 a year more in tax than two people earning the same amount as me.
Rates, house and contents insurance all continue to rise faster than my income (I'm begrudgingly delaying some maintenance while I save for paint) and yet I think I'm fortunate to at least have a job and a reasonable income – though my middle and single son earns $30,000 a year plus more than I do.
So I'm thinking how do I even start to pay a land tax on my over inflated land value when I'll still be paying my mortgage into my just past mid-60's.
Then I think about all the old people who were fortunate to buy a house in the 70's who only have NZS as an income but whose land values have also risen to ridiculous levels.
My house and land value is a nonsense and certainly doesn't reflect disposable wealth. We bought it and took on its mortgage when young to live in and live in it we still do. From my perspective it is worthless as an asset unless it is sold and its benefits are safety and security and stability. It costs money rather than generates an income.
I'm not convinced of a land tax unless something gives elsewhere like rebates for dependent partners – or exempting the family home that you actually live in.
Agree. The issue with a lot of these tax proposals is they make and carry completely incorrect assumptions of how the economy works around with them.
For example, replacing GST with a FTT. This carries the assumption that the ideal balance of govt payments is what ever the present state is. Thats almost certainly wrong and will definitely fluctuate over time of that policy change. On the other hand just dropping GST is a perfectly reasonable proposal by itself.
On land taxes, the fundamental assumption is that the country is selecting to have too much land sitting idle (under housing) and by taxing land it will change investment to put more land into use. Now, for one thing thats a very simplistic view of the drivers of productive land use, so I doubt this is the key decision point between these two uses. But also there are regular payments due to owning property, called rates. I know what popular opinion is on rates and its typically that councils waste too much money and so rates are too high.
Dont even get me started on Gareth Morgans proposals for a basic income, so that the tax base can be fundamentally reconfigured, so that every asset must be productively invested to avoid tax.
I've oft argued for a turnover tax to spread the tax burden across all businesses so every business pays tax. This would simplify the tax system and allow it to be collected at the transaction time for electronic sales.
Also reduce the ability to transfer costs off-shore and mean that expenses are mainly between shareholders and the business as they make no difference to the tax position.
Couple this with a commitment that a portion of any annual surpluses being returned to business's – say 40% of a surplus when good years occur.
This would also simply business's in that they wouldn't need to do all the vertical integration they do to minimise tax – in fact it would discourage them from doing so. It would also reduce the under-the-table black economy as their would be little point.
South Africa has turnover tax and some of the EU has started putting in turnover tax rates for businesses who operate in their country but do not contribute to the taxation system in that country – again on the basis that they should contribute towards the country they are selling products in.
As things like robotics takes an ever increasing number of jobs the lack of PAYE that robots pay will also start to reduce the tax take. The greatest proportion of tax is paid by workers not businesses. Different models are needed particularly with globalisation.
It isn't about taking more tax it is about spreading the same tax burden across every single business. May will pay less than they do now, others more.
Read the Green's last manifesto to see how a Wealth Tax would work. It spells it out very clearly.
I've yet to hear an answer from the GP on how land-rich, but income-poor people (i.e. elderly who own their own home, but don't have other significant assets) would actually be able to pay this 'wealth tax'.
Over $1 million is 3/4 of the houses in Auckland (well, it may change with the dropping house prices – but the average is still well over $1M). That's a heck of a lot of people potentially affected.
The 'Granny Tax' headlines will have frightened off all of the other political parties.
You do know it is one mill per person, yes?
Yes, I do. Grandpa dies (typically first), and Granny is left with the wealth tax.
No different from paying rates then and any other costs, for that matter. There should be a mechanism for asset-rich cash-poor grannies to defer the wealth tax to the estate, so it effectively becomes an estate tax. Wheeling out old mourning grannies makes for good counter propaganda but not for a strong counter argument against Wealth Tax. Bring it on!
So, effectively, then, Estate duty, would be a better/fairer argument.
The argument against ‘Bring it on’ is that the Greens floated this at the last election (may have been in 2017 as well) – and no one else (i.e. Labour – since it doesn’t really matter what ACT/National policies are, since the Greens won’t go into coalition with them) wanted a bar of it.
Given that the Green vote is persistently around 10%, unless they want to declare this as a bottom line in negotiations (which seems against their standard practice, to do) – the chances of the policy going anywhere, seem ….. minor.
Nope, a Wealth Tax primarily, for each individual who has a net wealth of more than one Million dollars. Under exceptional circumstances only, such as demonstrable economic hardship, the tax could be put against the value of the property (with interest), because that’s what we mostly talk about here, and then settled upon sale or death.
I don’t speak for or on behalf of the Green Party, I speak for myself and I think something like a Wealth Tax is a good thing. That said, unlike many others, the Green Party doesn’t drop as many policies or proposals because they are too hard and/or not popular enough, mainly with the middle class that occupies the large political centre – I’d call that integrity – and that’s very likely one of the reasons that they seem to have a base of around 10%. I do hope that next government will be a true MMP coalition, be it what it may.
Replying to your point below (run out of 'reply' function)
No support from Labour
https://www.interest.co.nz/news/105763/green-partys-wealth-tax-sees-jacinda-ardern-distance-herself-policy-and-national-lump
Review of the wealth tax (op ed piece) – basically saying 'no' it's not the best form of tax
https://www.auckland.ac.nz/en/news/2020/08/10/should-aotearoa-have-a-wealth-tax-.html
Poverty advocate against the wealth tax
https://www.newshub.co.nz/home/politics/2020/10/nz-election-2020-why-a-poverty-advocate-is-against-the-green-party-s-proposed-wealth-tax.html
Curia research poll for the TU showing that 3/4 NZ against. [I know that TS don't like Curia or the TU – and I'll welcome a GP commissioned poll showing something different, however I was unable to find one]
https://www.taxpayers.org.nz/asset_tax_polling
It's clearly a GP platform, but there is no evidence that they are gaining any cut through with the electorate. There is no evidence that increased numbers of Kiwis are being convinced this is the right way to go. The GP remain at (or around) 10% in election polling – this is not shifting their base-line of support upwards.
And, as I said above – given that it's been ruled out by Labour (National and ACT are irrelevant, since the GP won't go into coalition with them) – unless the GP make it a bottom line for negotiations – it's going nowhere.
The Green Party is most definitely and demonstrably advocating for fairer taxes in NZ and their Wealth Tax policy is a major plank (mechanism) of and for that. Whether you and/or others don’t want to buy it as such is a different issue and one that’s more of your own making. AFAIK, the Green Party hasn’t dropped the proposal and are not going to. It is all about increased fairness, for as long as the problem remains, and the policy is a tacit admission that it won’t go away any time soon. So, a Wealth Tax makes eminent sense, at least to me.
https://www.greens.org.nz/progressive_tax_reform
The tax on wealth advocated by the Green party seems to apply to wealth over one million dollars (excluding any and all single assets worth <$50,000), so those legions of elderly (retired) individuals living alone in mortgage-free homes worth ~$1,156,000 (the median house price in Auckland in June 2022), and driving a typical NZ car would have to find $156,000 x 0.01 = $1,560 per annum, or about 0.14% of the value of their home.
And who knows – if Auckland house prices continue to fall, they might end up being exempt from any wealth tax before it could be introduced.
If two people are living in the home then they pay nothing until the value of the home and other combined high-value assets exceeds $2,000,000.
Seems simple and very fair to me, as long as some of the tax revenue is invested in getting people out of tents, cars, garages, motels etc. and into their own homes. I’d be happy to pay my share.
Median isn't very useful in this area – as it includes a heck of a lot of lower value apartments.
Try 1.5 million, which would leave the single occupant (usually Granny) with a 5,000 pa bill. A lot to find off a pension, given that you also have to pay rates, insurance and maintenance.
As I said, the headlines would kill this proposal dead in the water – which is why only the Greens espouse it.
Agree entirely Drowsy that it is "simple and fair". IMHO a WT is the best tool available to alleviate the chronic wealth imbalance we have in NZ.
And Incog's idea to defer the WT to an Estate Tax (with interest applied of course) is a good one. This should only be an option where hardship can be demonstrated.
@Belladonna (4:17 pm): With a 1.5 million asset, most Grannies could survive several few decades via a reverse mortgage, which would progressively shrink Granny's wealth tax.
Here's the real problem a wealth tax tackles – is there a better way?
Maybe they could. Though most (I'd guess) would be very unhappy to be in that situation. Most older people have a very strong aversion to reverse-mortgages.
The real problem, that the illustration you're showing represents, is people owning more than one house. Which Granny (in my example) doesn't.
So, effectively, you're taking a chunk of her single meal away, and giving it to people further down the table. That doesn't seem fair to her….
If the CGT (bright line) excludes the family home – then how come the Wealth tax doesn't?
And, a Wealth tax (as proposed by the GP) does absolutely nothing about the buy-do-up-sell, rinse and repeat cycle, which does so much to drive up the housing market.
Depends which side of the table you're sitting on, don't you think? Most of the Grannies you seem concerned about might indeed be "very unhappy" at the prospect of shifting closer to the centre of the table, and resist moving with every fibre of their being – so disappointing.
Guess I'm more concerned about the relatively miserable lot the very large number of Kiwis at the 'wrong' end of the table, and how much happier they might be to suddenly find themselves in "that situation", i.e. owning sufficient personal assets to be affected by a wealth tax.
The point being that “taking a chunk of her single meal away“, along with a larger chunk of the multiple meals enjoyed by those at the ‘top’ of the table, leaves Granny with much more on her plate than most other Kiwis – and you talk about ‘fairness’?
'Fairness' is in the eye of the beholder.
Its up to the Green Party (and presumably those who support their Wealth Tax provision) to sell it as 'fair' to the rest of NZ.
And, as I pointed out, originally, they've not succeeded in doing so, to date – given the fact that no other political party is willing to countenance the idea.
Granny – living in her house for 50 years – and who hasn't participated in the do-up-and-sell ponzi scheme (fueled by mortgages – so entirely untouched by this tax – how is that 'fair') – is a pretty solid example of people who are 'unfairly' affected by this proposal.
Not seeing how introducing a Wealth Tax would make our current tax system, that funds programmes and public services, less 'fair' overall – perhaps one has to have a neoliberal mindset to see this.
Imho, those who are broadly comfortable with the current distribution of (abundant) wealth in NZ must be wearing fairly expensive rose-tinted glasses if they can't see the harm its doing, i.e. how much less resilient and less sustainable Kiwi society is becoming as a whole.
https://thespinoff.co.nz/society/16-08-2022/the-side-eyes-two-new-zealands-the-table
And yet the majority of Kiwis can only dream of being “‘unfairly’ affected” in this way. Maybe it comes down to where you’re sitting at the table, and what your prospects are.
So, how about you design a wealth tax scheme targeted at the people who are actively participating in the property Ponzi scheme? The people who are (or were – not sure what they're doing right now with dropping property prices) – actually pushing up the prices, and shutting out first home buyers.
You're still not selling it to me as 'fair'. And the GP are (demonstrably) not selling it to the electorate as 'fair'.
The cry of 'do something' doesn't mean that people will accept 'anything'. And, really, it's not the 'majority' of Kiwis who are affected – Census stats say 65% of households (down from the historic high of 74% in the 80s)- and basically stable between 2013-2018. I'd say it's unlikely to have dropped since then, and may well have risen.
https://www.stats.govt.nz/news/homeownership-rate-lowest-in-almost-70-years
That’s inaccurate and misleading, but since you made the assertion you need to back it up with evidence although you will have difficulty proving a negative – I can disprove it with one simple positive – the onus is on you.
It seems much simpler to reverse some of the changes that have bought us to this position than to design something new i.e. bring back stamp duty so tax is paid at the transaction point (increase it even), increase taxes on high incomes and reduce GST, allow rebates for dependent partners, bring back estate duties, increase tax rat eon businesses and trusts – in fact make the trust rate higher. Establish a trust register to show who is entitled to benefit from such trusts and who is actually benefitting (as these aren’t always the same people).
Renationalise electricity and tele-communications – things that give government other income streams other than taxation.
Not trying to 'sell' anything, just saying that the GP Wealth Tax appeals to me as a way of increasing the redistribution of wealth in NZ.
If we agree that a more even distribution the (abundant) wealth in NZ is desirable, then I don't mind what mechanisms (as per DoS’s suggestions @2:06 pm) are used to achieve that goal for a more sustainable and resilient society, as long as any ‘sale’ is substantially free from the taint of self interest.
One thing's for sure – smoke and mirrors aren't very nourishing.
Given Ardern's very …. cautious … approach to anything controversial – I think the chances of a new tax would be very slender, indeed. Especially as she ruled out a CGT while she was PM.
The 10 year "bright line test" for residential property purchased after March 2021, is a partial CGT that was brought in by Jacinda and friends.
However, she's claimed, repeatedly, that it's not a new tax – simply a readjustment of the qualifying period of an existing one.
BTW I forgot to say that I support the 10 year BLT.
Key ruled out an increase in GST during the 2008 election campaign, but tax cuts for the wealthy from 2009 onward were always going to cost more than the revenue generated by transfering public assets to private hands.
If NAct gets the nod at the next GE it'll be tax cuts galore – too soon to be sure about ‘directions’ should Labour get over the line. If we only knew now what the global and regional climatic/economic/pandemic conditions will be next year…
Yep. A reliable crystal ball is much needed…..
Driving around Auckland gives me the impression that the housing crisis is just about over, I see three residential cranes from my window in suburbia, and everywhere I go I see areas of massive development, and those I talk to tell me of the swathes of development in areas I don't go.
I feel the big beat up is just a last chance to make mileage of a situation that will soon disappear. But then again the borders have reopened so I may be wrong.
I've seen what you see. North, South, East and West of Auckland are changing astonishingly with all the houses going up. Go to Christchurch you'll see the same.
Yes, our drive to the supermarket takes us past half a dozen apartment developments on New North Rd, and we come back through Hendon Ave in Owairaka where Kainga Ora is redeveloping whole streets. Add to that the Kiwis who came home in 2020/21 when their overseas consultancy jobs dried up who are now moving out of the dwellings they bought when they returned and are selling or renting those as they return to Lindon or New York.
I agree that it feels as though there is building all over.
However, the completion totals don't seem to bear out the contention that we're getting on top of the housing crisis.
https://www.interest.co.nz/property/116242/new-home-construction-auckland-down-94-year-ago
And here's an interesting snapshot of what's being built
https://knowledgeauckland.org.nz/publications/auckland-monthly-housing-update-june-2022/
Now, I'd hope that some of this is the slow-down on building completion caused by the building supplies shortages (certainly some of the sites around us have had quite substantial down periods where no one was working) – and that there will be a rush of completions in the 2nd half of this year.
However, there are also pessimistic forecasts that building activity has already peaked, and is now in decline
https://www.stuff.co.nz/business/129579736/residential-construction-has-peaked-forecast-to-slide-to-decade-low
So, apart from KO building – which is relatively unaffected by building costs (though would potentially be affected by a change in government) – developers are not committing to new work.
I’d say that the housing crisis is an affordability issue, primarily. Locking in first home buyers into a lifelong debt
spiralcycle by assisting them to get on the first rung of the property ladder is sending the wrong message and simply perpetuating the meme that owning property leads to financial wealth and in fact is a sure and best bet to get there. It’s an f-ing Ponzi scheme where the rich get much richer must faster with a lot of (indirect) help from the government. Not to mention the banks, and the whole FIRE industry that benefit from the government largesse.I agree about the affordability. However, I don't see a solution to this (apart from huge Government building projects – which seem (given the KO budget blowouts) to be off the horizon for now. The biggest part of building cost is land (around half of the value of the home) – and the next biggest is building materials and labour – with the actual developer profit, fairly low down on the list. I don't see any way that the Government can control any of those factors.
I don't think that it's untrue that owning your own home (well, at least once you've paid down a reasonable bit of the mortgage) is a route to financial stability in NZ. Or, to reverse it, not owning your own house is a route to financial insecurity.
What other alternatives (apart from Lotto /sarc/) are there for financial security? Renting is insecure tenure AND you'll be paying off someone else's mortgage, rather than your own. [Even Eaqub has admitted that he was wrong about renting being a better solution– in NZ at least]
Now, if you're talking about buying for capital gain (not that that looks like a viable option in the market ATM) – then I agree that it is indeed a Ponzi scheme (though, perhaps one reaching the end of its life).
And the money the Government has spent on motel rents – giving bloated profits to motel owners with crappy 4th grade buildings – is obscene. It's like the accommodation supplement (aka landord supplement) on steroids.
As Mr Clemmens is reputed to have said, history may not repeat itself, but it often rhymes.
https://twitter.com/lindyli/status/1570269725711814657
After three days on a Greyhound bus, Lela Mae Williams was just an hour from her destination—Hyannis, Mass.—when she asked the bus driver to pull over. She needed to change into her finest clothes. She had been promised the Kennedy family would be waiting for her.
It was late on a Wednesday afternoon, nearly 60 years ago, when that Greyhound bus from Little Rock, Ark., pulled into Hyannis. It slowed to a stop near the summer home of President John F. Kennedy and his family. When the doors opened, Lela Mae and her nine youngest children stepped onto the pavement.
[…]
But President Kennedy was not there to meet her. And there was no job or permanent housing waiting for her in Hyannis. Instead, Lela Mae and the others were unwitting pawns in a segregationist game.
"It was one of the most inhuman things I have ever seen," recalled Margaret Moseley, a longtime civil rights activist in Hyannis, in a televised interview a few years before her death.
Fuming over the civil rights movement, Southern segregationists had concocted a way to retaliate against Northern liberals. In 1962, they tricked about 200 African Americans from the South into moving north. The idea was simple: When large numbers of African Americans showed up on Northern doorsteps, Northerners would not be able to accommodate them. They would not want them, and their hypocrisy would be exposed
https://www.npr.org/sections/codeswitch/2020/02/29/809740346/the-cruel-story-behind-the-reverse-freedom-rides?
I'm finding it increasingly difficult to understand some people's thinking and logic.
https://twitter.com/Shenshenpshen/status/1570403738837286916
well, no, it was never wrong to refer to Africans as other than savage if you asked Africans themselves. Likewise, ask lesbians.
If it's just up to individual choice, then words have no meaning. Maybe this is the point now.
(wondering what's going on? Gender ideologists believe and are pushing hard the idea that males who self ID as women are then lesbians. Self ID being based on a male saying they are a woman, and nothing else is required. Understandably lesbians aren't ok with this).
and,
https://twitter.com/nikrowda/status/1570485869685112834
"The question is, which is to be master? That's all." Humpty Dumpty
No-one is erasing women.
https://twitter.com/janeclarejones/status/1570566127906062336
Suspension of Sanity over yet?
When are we allowed to discuss Aotearoa having a new Head of State that does not live here, takes million in cash as back/handers from despots, has appointed an even more corrupt brother his deputy, married a 19yr old for breeding purposes only, a Head of State that no one here elected?
How did we end up with not just a foreign king as HoS and a crock of a human being. This adds insult on top of insult.
Is there any platform in Aotearoa up to having this debate?
Go on then,
Stretch your mind and put up a post on the next move in NZ constitutional reform.
Patience, Bill….
I would imagine the floor is yours Bill. Interested to hear your views on it.
Hoping it doesnt include any politician ( from any party, or some dreary Maori aristocracy tho). The current system spares us either non entities.
But other than that Im all ears!