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?
Introduction Computer-Assisted Translation (CAT) has revolutionized the field of translation by harnessing the power of technology to assist human translators in their work. This innovative approach combines specialized software with human expertise to improve the efficiency, accuracy, and consistency of translations. In this comprehensive article, we will delve into the ...
In today’s digital age, mobile devices have become an indispensable part of our daily lives. Among the vast array of portable computing options available, iPads and tablet computers stand out as two prominent contenders. While both offer similar functionalities, there are subtle yet significant differences between these two devices. This ...
A computer is an electronic device that can be programmed to carry out a set of instructions. The basic components of a computer are the processor, memory, storage, input devices, and output devices. The Processor The processor, also known as the central processing unit (CPU), is the brain of the ...
Voice Memos is a convenient app on your iPhone that allows you to quickly record and store audio snippets. These recordings can be useful for a variety of purposes, such as taking notes, capturing ideas, or recording interviews. While you can listen to your voice memos on your iPhone, you ...
Laptop screens are essential for interacting with our devices and accessing information. However, when lines appear on the screen, it can be frustrating and disrupt productivity. Understanding the underlying causes of these lines is crucial for finding effective solutions. Types of Screen Lines Horizontal lines: Also known as scan ...
Right-clicking is a common and essential computer operation that allows users to access additional options and settings. While most desktop computers have dedicated right-click buttons on their mice, laptops often do not have these buttons due to space limitations. This article will provide a comprehensive guide on how to right-click ...
Powering up and shutting down your ASUS laptop is an essential task for any laptop user. Locating the power button can sometimes be a hassle, especially if you’re new to ASUS laptops. This article will provide a comprehensive guide on where to find the power button on different ASUS laptop ...
Dell laptops are renowned for their reliability, performance, and versatility. Whether you’re a student, a professional, or just someone who needs a reliable computing device, a Dell laptop can meet your needs. However, if you’re new to Dell laptops, you may be wondering how to get started. In this comprehensive ...
Two-thirds of the country think that “New Zealand’s economy is rigged to advantage the rich and powerful”. They also believe that “New Zealand needs a strong leader to take the country back from the rich and powerful”. These are just two of a handful of stunning new survey results released ...
In today’s digital world, screenshots have become an indispensable tool for communication and documentation. Whether you need to capture an important email, preserve a website page, or share an error message, screenshots allow you to quickly and easily preserve digital information. If you’re an Asus laptop user, there are several ...
A factory reset restores your Gateway laptop to its original factory settings, erasing all data, apps, and personalizations. This can be necessary to resolve software issues, remove viruses, or prepare your laptop for sale or transfer. Here’s a step-by-step guide on how to factory reset your Gateway laptop: Method 1: ...
“You talking about me?”The neoliberal denigration of the past was nowhere more unrelenting than in its depiction of the public service. The Post Office and the Railways were held up as being both irremediably inefficient and scandalously over-manned. Playwright Roger Hall’s “Glide Time” caricatures were presented as accurate depictions of ...
Roger Partridge writes – When the Coalition Government took office last October, it inherited a country on a precipice. With persistent inflation, decades of insipid productivity growth and crises in healthcare, education, housing and law and order, it is no exaggeration to suggest New Zealand’s first-world status was ...
Rob MacCulloch writes – In 2022, the Curriculum Centre at the Ministry of Education employed 308 staff, according to an Official Information Request. Earlier this week it was announced 202 of those staff were being cut. When you look up “The New Zealand Curriculum” on the Ministry of ...
Chris Bishop’s bill has stirred up a hornets nest of opposition. Photo: Lynn Grieveson for The KākāTL;DR: The six things that stood out to me in Aotearoa’s political economy around housing, poverty and climate from the last day included:A crescendo of opposition to the Government’s Fast Track Approvals Bill is ...
Monday left me brokenTuesday, I was through with hopingWednesday, my empty arms were openThursday, waiting for love, waiting for loveThe end of another week that left many of us asking WTF? What on earth has NZ gotten itself into and how on earth could people have voluntarily signed up for ...
Hello! Here comes the Saturday edition of More Than A Feilding, catching you up on the past week’s editions.State of humanity, 20242024, it feels, keeps presenting us with ever more challenges, ever more dismay.Do you give up yet? It seems to ask.No? How about this? Or this?How about this?Full story Share ...
Determining the hardest sport in the world is a subjective matter, as the difficulty level can vary depending on individual abilities, physical attributes, and experience. However, based on various factors including physical demands, technical skills, mental fortitude, and overall accomplishment, here is an exploration of some of the most challenging ...
The allure of sport transcends age, culture, and geographical boundaries. It captivates hearts, ignites passions, and provides unparalleled entertainment. Behind the spectacle, however, lies a fascinating world of financial investment and expenditure. Among the vast array of competitive pursuits, one question looms large: which sport carries the hefty title of ...
Introduction Pickleball, a rapidly growing paddle sport, has captured the hearts and imaginations of millions around the world. Its blend of tennis, badminton, and table tennis elements has made it a favorite among players of all ages and skill levels. As the sport’s popularity continues to surge, the question on ...
Abstract: Soccer, the global phenomenon captivating millions worldwide, has a rich history that spans centuries. Its origins trace back to ancient civilizations, but the modern version we know and love emerged through a complex interplay of cultural influences and innovations. This article delves into the fascinating journey of soccer’s evolution, ...
Tinting car windows offers numerous benefits, including enhanced privacy, reduced glare, UV protection, and a more stylish look for your vehicle. However, the cost of window tinting can vary significantly depending on several factors. This article provides a comprehensive guide to help you understand how much you can expect to ...
The pungent smell of gasoline in your car can be an alarming and potentially dangerous problem. Not only is the odor unpleasant, but it can also indicate a serious issue with your vehicle’s fuel system. In this article, we will explore the various reasons why your car may smell like ...
Tree sap can be a sticky, unsightly mess on your car’s exterior. It can be difficult to remove, but with the right techniques and products, you can restore your car to its former glory. Understanding Tree Sap Tree sap is a thick, viscous liquid produced by trees to seal wounds ...
The amount of paint needed to paint a car depends on a number of factors, including the size of the car, the number of coats you plan to apply, and the type of paint you are using. In general, you will need between 1 and 2 gallons of paint for ...
Jump-starting a car is a common task that can be performed even in adverse weather conditions like rain. However, safety precautions and proper techniques are crucial to avoid potential hazards. This comprehensive guide will provide detailed instructions on how to safely jump a car in the rain, ensuring both your ...
Graham Adams writes about the $55m media fund — When Patrick Gower was asked by Mike Hosking last week what he would say to the many Newstalk ZB callers who allege the Labour government bribed media with $55 million of taxpayers’ money via the Public Interest Journalism Fund — and ...
Note: this blog post has been put together over the course of the week I followed the happenings at the conference virtually. Should recordings of the Great Debates and possibly Union Symposia mentioned below, be released sometime after the conference ends, I'll include links to the ones I participated in. ...
The following was my submission made on the “Fast Track Approvals Bill”. This potential law will give three Ministers unchecked powers, un-paralled since the days of Robert Muldoon’s “Think Big” projects.The submission is written a bit tongue-in-cheek. But it’s irreverent because the FTAB is in itself not worthy of respect. ...
One Could Reduce Child Poverty At No Fiscal CostFollowing the Richardson/Shipley 1990 ‘redesign of the welfare state’ – which eliminated the universal Family Benefit and doubled the rate of child poverty – various income supplements for families have been added, the best known being ‘Working for Families’, introduced in 2005. ...
Buzz from the Beehive A few days ago, Point of Order suggested the media must be musing “on why Melissa is mute”. Our article reported that people working in the beleaguered media industry have cause to yearn for a minister as busy as Melissa Lee’s ministerial colleagues and we drew ...
1. What was The Curse of Jim Bolger?a. Winston Peters b. Soon after shaking his hand, world leaders would mysteriously lose office or shuffle off this mortal coilc. Could never shake off the Mother of All Budgetsd. Dandruff2. True or false? The Chairman of a Kiwi export business has asked the ...
Jack Vowles writes – New Zealand is said to be suffering from ‘serious populist discontent’. An IPSOS MORI survey has reported that we have an increasing preference for strong leaders, think that the economy is rigged toward the rich and powerful, and political elites are ignoring ‘hard-working people’. ...
Chris Trotter writes – MELISSA LEE should be deprived of her ministerial warrant. Her handling – or non-handling – of the crisis engulfing the New Zealand news media has been woeful. The fate of New Zealand’s two linear television networks, a question which the Minister of Broadcasting, Communications ...
TL;DR: The podcast above features co-hosts and , along with regular guests Robert Patman on Gaza and AUKUS II, and on climate change.The six things that mattered in Aotearoa’s political economy that we wrote and spoke about via The Kākā and elsewhere for paying subscribers in the ...
Policymakers rarely wish to make plain or visible their desire to dismantle environmental policy, least of all to the young. Photo: Lynn GrievesonTL;DR: Here’s the top five news items of note in climate news for Aotearoa-NZ this week, and a discussion above between Bernard Hickey and The Kākā’s climate correspondent ...
I like to keep an eye on what’s happening in places like the UK, the US, and over the ditch with our good mates the Aussies. Let’s call them AUKUS, for want of a better collective term. More on that in a bit.It used to be, not long ago, that ...
TL;DR: The global economy will be one fifth smaller than it would have otherwise been in 2050 as a result of climate damage, according to a new study by the Potsdam Institute for Climate Impact Research (PIK) and published in the journal Nature. (See more detail and analysis below, and ...
New Zealand is said to be suffering from ‘serious populist discontent’. An IPSOS MORI survey has reported that we have an increasing preference for strong leaders, think that the economy is rigged toward the rich and powerful, and political elites are ignoring ‘hard-working people’. The data is from February this ...
Foreign Minister Winston Peters is understood to be planning a major speech within the next fortnight to clear up the confusion over whether or not New Zealand might join the AUKUS submarine project. So far, there have been conflicting signals from the Government. RNZ reported the Prime Minister yesterday in ...
Life throws curveballs, and sometimes, those curveballs necessitate wiping your iPhone clean and starting anew. Whether you’re facing persistent software glitches, preparing to sell your device, or simply wanting a fresh start, knowing how to factory reset iPhone without a computer is a valuable skill. While using a computer with ...
Gone are the days when communication was limited to landline phones and physical proximity. Today, computers have become powerful tools for connecting with people across the globe through voice and video calls. But with a plethora of applications and methods available, how to call someone on a computer might seem ...
Open access notables Glacial isostatic adjustment reduces past and future Arctic subsea permafrost, Creel et al., Nature Communications:Sea-level rise submerges terrestrial permafrost in the Arctic, turning it into subsea permafrost. Subsea permafrost underlies ~ 1.8 million km2 of Arctic continental shelf, with thicknesses in places exceeding 700 m. Sea-level variations over glacial-interglacial cycles control ...
The operating system (OS) is the heart and soul of a computer, orchestrating every action and interaction between hardware and software. But have you ever wondered where on a computer is the operating system generally stored? The answer lies in the intricate dance between hardware and software components, particularly within ...
Laptops have become essential tools for work, entertainment, and communication, offering portability and functionality. However, with rising energy costs and growing environmental concerns, understanding a laptop’s power consumption is more important than ever. So, how many watts does a laptop use? The answer, unfortunately, isn’t straightforward. It depends on several ...
Screen recording has become an essential tool for various purposes, such as creating tutorials, capturing gameplay footage, recording online meetings, or sharing information with others. Fortunately, Dell laptops offer several built-in and external options for screen recording, catering to different needs and preferences. This guide will explore various methods on ...
A cracked or damaged laptop screen can be a frustrating experience, impacting productivity and enjoyment. Fortunately, laptop screen repair is a common service offered by various repair shops and technicians. However, the cost of fixing a laptop screen can vary significantly depending on several factors. This article delves into the ...
Gaming laptops represent a significant investment for passionate gamers, offering portability and powerful performance for immersive gaming experiences. However, a common concern among potential buyers is their lifespan. Unlike desktop PCs, which allow for easier component upgrades, gaming laptops have inherent limitations due to their compact and integrated design. This ...
The annual inventory report of New Zealand's greenhouse gas emissions has been released, showing that gross emissions have dropped for the third year in a row, to 78.4 million tons: All-told gross emissions have decreased by over 6 million tons since the Zero Carbon Act was passed in 2019. ...
Experiencing a locked computer can be frustrating, especially when you need access to your files and applications urgently. The methods to unlock your computer will vary depending on the specific situation and the type of lock you encounter. This guide will explore various scenarios and provide step-by-step instructions on how ...
While the world has largely transitioned to digital communication, faxing still holds relevance in certain industries and situations. Fortunately, gone are the days of bulky fax machines and dedicated phone lines. Today, you can easily send and receive faxes directly from your computer, offering a convenient and efficient way to ...
In our increasingly digital world, home computers have become essential tools for work, communication, entertainment, and more. However, this increased reliance on technology also exposes us to various cyber threats. Understanding these threats and taking proactive steps to protect your home computer is crucial for safeguarding your personal information, finances, ...
In the ever-evolving world of technology, server-based computing has emerged as a cornerstone of modern digital infrastructure. This article delves into the concept of server-based computing, exploring its various forms, benefits, challenges, and its impact on the way we work and interact with technology. Understanding Server-Based Computing: At its core, ...
The absolute brass neck of this guy.We want more medical doctors, not more spin doctors, Luxon was saying a couple of weeks ago, and now we’re told the guy has seven salaried adults on TikTok duty. Sorry, doing social media. The absolute brass neck of it. The irony that the ...
Buzz from the Beehive Oceans and Fisheries Minister Shane Jones relishes spatting and eagerly takes issue with environmentalists who criticise his enthusiasm for resource development. He relishes helping the fishing industry too. And so today, while the media are making much of the latest culling in the public service to ...
Having written, taught and worked for the US government on issues involving unconventional warfare and terrorism for 30-odd years, two things irritate me the most when the subject is discussed in public. The first is the Johnny-come-lately academics-turned-media commentators who … Continue reading → ...
Eric Crampton writes – Kainga Ora is the government’s house building agency. It’s been building a lot of social housing. Kainga Ora has its own (but independent) consenting authority, Consentium. It’s a neat idea. Rather than have to deal with building consents across each different territorial authority, Kainga Ora ...
Muriel Newman writes – The Coalition Government says it is moving with speed to deliver campaign promises and reverse the damage done by Labour. One of their key commitments is to “defend the principle that New Zealanders are equal before the law.” To achieve this, they have pledged they “will not advance ...
Chris Trotter writes – The absence of anything resembling a fightback from the public servants currently losing their jobs is interesting. State-sector workers’ collective fatalism in the face of Coalition cutbacks indicates a surprisingly broad acceptance of impermanence in the workplace. Fifty years ago, lay-offs in the thousands ...
Mariupol, on the Azov Sea coast, was one of the first cities to suffer almost complete destruction after the start of the Ukraine War started in late February 2022. We remember the scenes of absolute destruction of the houses and city structures. The deaths of innocent civilians – many of ...
Lindsay Mitchell writes – Ten years ago, I wrote the following in a Listener column: Every year around one in five new-born babies will be reliant on their caregivers benefit by Christmas. This pattern has persisted from at least 1993. For Maori the number jumps to over one in three. ...
Climate change is expected to generate more and more extreme events, delivering a sort of structural shock to inflation that central banks will have to react to as if they were short-term cyclical issues. Photo: Lynn Grieveson / The KākāMy pick of the six newsey things to know from Aotearoa’s ...
It’s a simple deal. We pay taxes in order to finance the social services we want and need. The carnage now occurring across the public sector though, is breaking that contract. Over 3,000 jobs have been lost so far. Many are in crucial areas like Education where the impact of ...
Hi,A friend had their 40th over the weekend and decided to theme it after Curb Your Enthusiasm fashion icon Susie Greene. Captured in my tiny kitchen before I left the house, I ending up evoking a mix of old lesbian and Hillary Clinton — both unintentional.Me vs Hillary ClintonIf you’re ...
This is a re-post from Andrew Dessler at the Climate Brink blogIn 2023, the Earth reached temperature levels unprecedented in modern times. Given that, it’s reasonable to ask: What’s going on? There’s been lots of discussions by scientists about whether this is just the normal progression of global warming or if something ...
The schools are on holiday and the sun is shining in the seaside village and all day long I have been seeing bunches of bikes; Mums, Dads, teens and toddlers chattering, laughing, happy, having a bloody great time together. Cheers, AT, for the bits of lane you’ve added lately around the ...
Today in our National-led authoritarian nightmare: Shane Jones thinks Ministers should be above the law: New Zealand First MP Shane Jones is accusing the Waitangi Tribunal of over-stepping its mandate by subpoenaing a minister for its urgent hearing on the Oranga Tamariki claim. The tribunal is looking into the ...
Bryce Edwards writes – Politicians across the political spectrum are implicated in the New Zealand media’s failing health. Either through neglect or incompetent interventions, successive governments have failed to regulate, foster, and allow a healthy Fourth Estate that can adequately hold politicians and the powerful to account. ...
Citizen Science writes – Last week saw two significant developments in the debate over the treatment of trans-identifying children and young people – the release in Britain of the final report of Dr Hilary Cass’s review into gender healthcare, and here in New Zealand, the news that the ...
One night while sleeping in my bed I had a beautiful dreamThat all the people of the world got together on the same wavelengthAnd began helping one anotherNow in this dream, universal love was the theme of the dayPeace and understanding and it happened this wayAfter such an eventful day ...
The Green Party has joined the call for public submissions on the fast-track legislation to be extended after the Ombudsman forced the Government to release the list of organisations invited to apply just hours before submissions close. ...
New Zealand’s good work at reducing climate emissions for three years in a row will be undone by the National government’s lack of ambition and scrapping programmes that were making a difference, Labour Party climate spokesperson Megan Woods said today. ...
More essential jobs could be on the chopping block, this time Ministry of Education staff on the school lunches team are set to find out whether they're in line to lose their jobs. ...
The Government is trying to bring in a law that will allow Ministers to cut corners and kill off native species, Labour environment spokesperson Rachel Brooking said. ...
Cancelling urgently needed new Cook Strait ferries and hiking the cost of public transport for many Kiwis so that National can announce the prospect of another tunnel for Wellington is not making good choices, Labour Transport Spokesperson Tangi Utikere said. ...
A laundry list of additional costs for Tāmaki Makarau Auckland shows the Minister for the city is not delivering for the people who live there, says Labour Auckland Issues spokesperson Shanan Halbert. ...
The Green Party has today launched a step-by-step guide to help New Zealanders make their voice heard on the Government’s democracy dodging and anti-environment fast track legislation. ...
The National Government’s proposed changes to the Residential Tenancies Act will mean tenants can be turfed from their homes by landlords with little notice, Labour housing spokesperson Kieran McAnulty said. ...
Green Party co-leader Marama Davidson is calling on all parties to support a common-sense change that’s great for the planet and great for consumers after her member’s bill was drawn from the ballot today. ...
A significant milestone has been reached in the fight to strike an anti-Pasifika and unfair law from the country’s books after Teanau Tuiono’s members’ bill passed its first reading. ...
New Zealand has today missed the opportunity to uphold the right to a clean, healthy, and sustainable environment, says James Shaw after his member’s bill was voted down in its first reading. ...
Today’s advice from the Climate Change Commission paints a sobering reality of the challenge we face in combating climate change, especially in light of recent Government policy announcements. ...
Minister for Disability Issues Penny Simmonds appears to have delayed a report back to Cabinet on the progress New Zealand is making against international obligations for disabled New Zealanders. ...
The Government’s newly announced review of methane emissions reduction targets hints at its desire to delay Aotearoa New Zealand’s urgent transition to a climate safe future, the Green Party said. ...
The Government must commit to the Maitai School building project for students with high and complex needs, to ensure disabled students from the top of the South Island have somewhere to learn. ...
Mental Health Minister Matt Doocey and his Government colleagues have made a meal of their mental health commitments, showing how flimsy their efforts to champion the issue truly are, says Labour Mental Health spokesperson Ingrid Leary. ...
Māori are yet to see anything from this Government except cuts, reversals and taking our people backwards, Māori Development spokesperson Willie Jackson said. ...
The Coalition Government’s refusal to commit to ongoing funding for social housing is seeing the sector pull back on developments and families watch their dreams of securing a home fade away, says Labour Housing spokesperson Kieran McAnulty. ...
Prime Minister Christopher Luxon has completed a successful trip to Singapore, Thailand and the Philippines, deepening relationships and capitalising on opportunities. Mr Luxon was accompanied by a business delegation and says the choice of countries represents the priority the New Zealand Government places on South East Asia, and our relationships in ...
New Zealand is demonstrating its commitment to reducing global greenhouse emissions, and supporting clean energy transition in South East Asia, through a contribution of NZ$41 million (US$25 million) in climate finance to the Asian Development Bank (ADB)-led Energy Transition Mechanism (ETM). Prime Minister Christopher Luxon and Climate Change Minister Simon Watts announced ...
The Government is today releasing a list of organisations who received letters about the Fast-track applications process, says RMA Reform Minister Chris Bishop. “Recently Ministers and agencies have received a series of OIA requests for a list of organisations to whom I wrote with information on applying to have a ...
Attorney-General Judith Collins today announced the appointment of Wellington Barrister David Jonathan Boldt as a Judge of the High Court, and the Honourable Justice Matthew Palmer as a Judge of the Court of Appeal. Justice Boldt graduated with an LLB from Victoria University of Wellington in 1990, and also holds ...
Education Minister Erica Stanford will lead the New Zealand delegation at the 2024 International Summit on the Teaching Profession (ISTP) held in Singapore. The delegation includes representatives from the Post Primary Teachers’ Association (PPTA) Te Wehengarua and the New Zealand Educational Institute (NZEI) Te Riu Roa. The summit is co-hosted ...
A stopbank upgrade project in Tairawhiti partly funded by the Government has increased flood resilience for around 7000ha of residential and horticultural land so far, Regional Development Minister Shane Jones says. Mr Jones today attended a dawn service in Gisborne to mark the end of the first stage of the ...
Foreign Affairs Minister Winston Peters will represent the Government at Anzac Day commemorations on the Gallipoli Peninsula next week and engage with senior representatives of the Turkish government in Istanbul. “The Gallipoli campaign is a defining event in our history. It will be a privilege to share the occasion ...
Science, Innovation and Technology and Defence Minister Judith Collins will next week attend the OECD Science and Technology Ministerial conference in Paris and Anzac Day commemorations in Belgium. “Science, innovation and technology have a major role to play in rebuilding our economy and achieving better health, environmental and social outcomes ...
Prime Minister Christopher Luxon held a bilateral meeting today with the President of the Philippines, Ferdinand Marcos Jr. The Prime Minister was accompanied by MP Paulo Garcia, the first Filipino to be elected to a legislature outside the Philippines. During today’s meeting, Prime Minister Luxon and President Marcos Jr discussed opportunities to ...
The Government has announced that $20 million in funding will be made available to Westport to fund much needed flood protection around the town. This measure will significantly improve the resilience of the community, says Local Government Minister Simeon Brown. “The Westport community has already been allocated almost $3 million ...
The Government is proud to support the first ever Repco Supercars Championship event in Taupō as up to 70,000 motorsport fans attend the Taupō International Motorsport Park this weekend, says Economic Development Minister Melissa Lee. “Anticipation for the ITM Taupō Super400 is huge, with tickets and accommodation selling out weeks ...
Local Government Minister Simeon Brown has announced an increase to the Rates Rebate Scheme, putting money back into the pockets of low-income homeowners. “The coalition Government is committed to bringing down the cost of living for New Zealanders. That includes targeted support for those Kiwis who are doing things tough, such ...
The Coalition Government is investing in a project to boost survival rates of New Zealand mussels and grow the industry, Oceans and Fisheries Minister Shane Jones has announced. “This project seeks to increase the resilience of our mussels and significantly boost the sector’s productivity,” Mr Jones says. “The project - ...
Benefit figures released today underscore the importance of the Government’s plan to rebuild the economy and have 50,000 fewer people on Jobseeker Support, Social Development and Employment Minister Louise Upston says. “Benefit numbers are still significantly higher than when National was last in government, when there was about 70,000 fewer ...
The Government’s commitment to doubling New Zealand’s renewable energy capacity is backed by new data showing that clean energy has helped the country reach its lowest annual gross emissions since 1999, Climate Change Minister Simon Watts says. New Zealand’s latest Greenhouse Gas Inventory (1990-2022) published today, shows gross emissions fell ...
The Government is bringing the earthquake-prone building review forward, with work to start immediately, and extending the deadline for remediations by four years, Building and Construction Minister Chris Penk says. “Our Government is focused on rebuilding the economy. A key part of our plan is to cut red tape that ...
Prime Minister Christopher Luxon and his Thai counterpart, Prime Minister Srettha Thavisin, have today agreed that New Zealand and the Kingdom of Thailand will upgrade the bilateral relationship to a Strategic Partnership by 2026. “New Zealand and Thailand have a lot to offer each other. We have a strong mutual desire to build ...
RMA Reform Minister Chris Bishop and Transport Minister Simeon Brown have today announced the Coalition Government’s intention to extend port coastal permits for a further 20 years, providing port operators with certainty to continue their operations. “The introduction of the Resource Management Act in 1991 required ports to obtain coastal ...
Today’s announcement that inflation is down to 4 per cent is encouraging news for Kiwis, but there is more work to be done - underlining the importance of the Government’s plan to get the economy back on track, acting Finance Minister Chris Bishop says. “Inflation is now at 4 per ...
Refreshed health guidance released today will help parents and schools make informed decisions about whether their child needs to be in school, addressing one of the key issues affecting school attendance, says Associate Education Minister David Seymour. In recent years, consistently across all school terms, short-term illness or medical reasons ...
Oceans and Fisheries Minister Shane Jones is streamlining high-level oceans management while maintaining a focus on supporting the sector’s role in the export-led recovery of the economy. “I am working to realise the untapped potential of our fishing and aquaculture sector. To achieve that we need to be smarter with ...
Associate Agriculture Minister Mark Patterson is speaking at the International Wool Textile Organisation Congress in Adelaide, promoting New Zealand wool, and outlining the coalition Government’s support for the revitalisation the sector. "New Zealand’s wool exports reached $400 million in the year to 30 June 2023, and the coalition Government ...
The Government is making legislative changes to make it easier for new early learning services to be established, and for existing services to operate, Associate Education Minister David Seymour says. The changes involve repealing the network approval provisions that apply when someone wants to establish a new early learning service, ...
Changes to the Resource Management Act will align consenting for coal mining to other forms of mining to reduce barriers that are holding back economic development, Resources Minister Shane Jones says. “The inconsistent treatment of coal mining compared with other extractive activities is burdensome red tape that fails to acknowledge ...
Trade, Agriculture and Forestry Minister Todd McClay has concluded productive discussions with ministerial counterparts in Beijing today, in support of the New Zealand-China trade and economic relationship. “My meeting with Commerce Minister Wang Wentao reaffirmed the complementary nature of the bilateral trade relationship, with our Free Trade Agreement at its ...
Prime Minister Christopher Luxon today paid tribute to Singapore’s outgoing Prime Minister Lee Hsien Loong. Meeting in Singapore today immediately before Prime Minister Lee announced he was stepping down, Prime Minister Luxon warmly acknowledged his counterpart’s almost twenty years as leader, and the enduring legacy he has left for Singapore and South East ...
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Prime Minister Christopher Luxon and Foreign Minister Winston Peters have condemned Iran’s shocking and illegal strikes against Israel. “These attacks are a major challenge to peace and stability in a region already under enormous pressure," Mr Luxon says. "We are deeply concerned that miscalculation on any side could ...
Hundreds of people in little over a week have turned out in Northland to hear Regional Development Minister Shane Jones speak about plans for boosting the regional economy through infrastructure. About 200 people from the infrastructure and associated sectors attended an event headlined by Mr Jones in Whangarei today. Last ...
Health Minister Dr Shane Reti has today thanked outgoing Health New Zealand – Te Whatu Ora Chair Dame Karen Poutasi for her service on the Board. “Dame Karen tendered her resignation as Chair and as a member of the Board today,” says Dr Reti. “I have asked her to ...
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New Zealand is renewing its connections with a world facing urgent challenges by pursuing an active, energetic foreign policy, Foreign Minister Winston Peters says. “Our country faces the most unstable global environment in decades,” Mr Peters says at the conclusion of two weeks of engagements in Egypt, Europe and the United States. “We cannot afford to sit back in splendid ...
Prime Minister Christopher Luxon has announced the Australian Governor-General, His Excellency General The Honourable David Hurley and his wife Her Excellency Mrs Linda Hurley, will make a State visit to New Zealand from Tuesday 16 April to Thursday 18 April. The visit reciprocates the State visit of former Governor-General Dame Patsy Reddy ...
Associate Health Minister David Seymour has announced that Medsafe has approved 11 cold and flu medicines containing pseudoephedrine. Pharmaceutical suppliers have indicated they may be able to supply the first products in June. “This is much earlier than the original expectation of medicines being available by 2025. The Government recognised ...
New Zealand and the United States have recommitted to their strategic partnership in Washington DC today, pledging to work ever more closely together in support of shared values and interests, Foreign Minister Winston Peters says. “The strategic environment that New Zealand and the United States face is considerably more ...
April 11, 2024 Joint Declaration by United States Secretary of State the Honorable Antony J. Blinken and New Zealand Minister of Foreign Affairs the Right Honourable Winston Peters We met today in Washington, D.C. to recommit to the historic partnership between our two countries and the principles that underpin it—rule ...
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With submissions closing today, Macassey-Pickard says groups around the country have been supporting a huge range of people to make their submissions. ...
Our response to the new legislation is informed by targeted conversations with practitioners working in the system and through an implementation lens. ...
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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!