I see Tourism Australia are advertising Western Australia as a holiday destination on the NZ Herald, so hopefully that means the travel bubble is not far away.
Personally speaking, I am apprehensive as much as I am hopefully looking foreward to this.
Up till now the New Zealand governement has followed a strategy of elimination of the covid-19 contagion, a strategy which has proved to be a runaway success, whereas the Australian government which has followed a strategy of suppression, not elimination, is currently seeing a rise of cases centred around Brisbane.
To have common open borders between Australia and New Zealand means they would have to to adopt a policy of elimination, or we would have to adopt a policy of suppression.
Scott Morrison has said that he will never agree to adopting a policy of elimination. Which means that defacto we will have to share Australia's suppression strategy and abandon elimination.
<blockquote>Prime Minister Scott Morrison said Australia won’t be pursuing a “risky” elimination strategy to defeat COVID-19.
Speaking at a press conference today, Mr Morrison warned such a move would result in the country suffering a massive economic downfall.
He said countries that have gone for the elimination strategy have seen much greater economic impacts than Australia.</blockquote>
<blockquote>"You don’t just shut the country down because that is not sustainable" #ScottyFromMarketing told Triple M on Wednesday [1].
Actually yes it is. It is very sustainable. Because you don't have to do it on a permanent basis.
As early as March, New Zealand adopted a path of "go hard, go early" [2]. Their strategy was not a "sustainable" level of coronavirus in the community to keep the wheels turning, but its elimination, and starting with a higher level of infection per capita than Australia. But by adopting a policy of elimination, they have been able to restart early as well. Yes, there have been cases since then from people coming into Australia – and yes they have every single known case in isolation.
It also seems that #ScottyFromMarketing is confused about the elimination strategy and international trade.
"Unless we’re going to not allow any freight or any medical supplies into Australia, or not allow any exports or anything like this, there is always going to be a connection between Australia and the rest of the world".
Seriously? An elimination strategy allows for imports and exports. It is possible to put goods in quarantine, you know? The transmission rates from imported and exported goods are, shall we say, "not very high".
OTT intro is a guy protesting the refusal of a brand name to use slave labour. Rest of the video breaks down the new low for humanity where brands that won't go along with exploitation are targeted.
When the Govt. announced its mild anti speculation moves last week, I thought within hours–where are the renters, homeless and those locked out of home ownership in this? They were not being represented, it was landlords and developers as–noble “victims” housing the nation–that hogged the media.
I’ve not seen articles representing homeless as such but there certainly have been a number of pieces featuring tenants/renters and aspiring FHBs. ACT and National are now championing the renters’ plight and Chlöe is their spokesperson 😉
Take a squiz at the first post in this thread, in particular the last paragraph. Now the dust has settled the new changes might be just the thing we needed to drop prices, get more people out of investment property.
Other thoughts (outside of the trust issues)…not only can you not claim interest expenses, you are then also paying tax on rent as if it was all principal (and therefore 'profit'). So if you buy a rental where the rent covers the mtge, come tax time, that rent is also seen as income and you will have a nice big tax bill. I suspect some newbys are not allowing for the, on the face of it obvious fact, that not deducting also means paying tax on it…and potentially moving into a higher tax bracket because of it.
Yep – you might say that renters' voices are being cancelled. Except to be cancelled you need to have been heard in the first place. If you've never been heard, then it's something far worse than mere cancelling. Money gets to talk, poverty stays silent.
I don't know AB. This govt has brought in a lot of legislation that has helped renters, e.g. warm dry home bill, rent freeze over lockdown. I wouldn't be surprized if they did that if they perceive rents going up.
And as KsaysHi has pointed out, the more landlords charged the more they will be taxed.
I don't think renters voices have been cancelled at all. A lot of stories about their plight and also stories of obcence landlords.
According to Stuff this morning in the panicky story about a missent email, weekly rents under Labour have gone up about an average of $24 a year since 2017, in the years 2008 to 2017 they went up $12 a year, looks bad but the yearly amounts are, for Labour 3.8% and 4.16% for under National using the starting rents of $290 in 2008 and $400 in 2017.
Now my maths are probably pathetically bad but that looks like the the same as rates and general inflation figures. We do get horror stories of big rent rises but they may only represent a few percent of the rents being negoiciated at any one time. It is the same as house prices going up or down, with only 5% of houses turning over every year, a very small percentage of the market is distorting the real picture. A family in a home may have no intention of shifting for decades and therefore price need not be of any concern to them. Surprisingly the new home buyer loan limit for Auckland is the median for the bottom quartile of price, the squealing is coming from the small number of the self entitled who assume their first home should be as flash as a rat with a gold tooth and exactly where they want to live. It has never been like this in the entire span of human abode buying history, unless of course your parents already own half the town and can afford to indulge their precious ones.
Rent increases have exceeded inflation and wage increases don’t reach that level.
Rents rose at the fastest pace in more than a decade in 2019, official figures show, amid strong demand and new rules for accommodation.
Statistics New Zealand said the rental component of the consumer price index (CPI) jumped 0.8 per cent in the final three months of 2019 and 3.1 per cent for the year.
This was the largest annual jump since 2008.
Statistics NZ said the rise was likely caused by strong demand as well as new rental standards for landlords.
“The rise in rent prices is likely to reflect the high demand for rental properties in parts of the country,” Statistics NZ pricing manager Paul Pascoe said.
“Another factor was the Healthy Homes Standards introduced in July 2019. Some landlords have upgraded their properties in order to meet the new standards and may have passed on the costs to the tenants.”
As a former mariner I'm surprised it's caused so much trouble – usually the problem with getting grounded vessels off is securing access to them without endangering the rescue vessel. Here there seems to be good access on both sides of the canal, and that should allow hoses or suction jets to liquify and remove the sediment that holds the vessel relatively easily. The canal will likely need a bit of dredging after, but that's hardly insuperable these days.
The potato growers are being undercut, diced and sliced! Can we have our own economy and produce back again please government and big business. Ooh you do look strange granny business, your eyes are so bright and stareing and your teeth so long, and you are drooling out of the side of your mouth!
How can we keep NZ on an even keel. We have foreigners buying most of our successful companies and then who knows what they choose to do with them. We have financiers and rentiers here in NZ like Graeme Hunt and his Rank Group below. They can uplift their profit at any time and repatriate it. They can use it to leverage their way into more of our property.
Now Carter Holt Harvey is selling off wood that was grown to serve NZs. They choose to do this because they are not a NZ-facing company any more; they are on the export bandwagon. Oh that's okay, never mind about us. Did you know:
Rank Group Ltd is Hart's private investment company. It is the 100% owner of Reynolds Consumer Products, Burns Philp and Carter Holt Harvey.
Born: 1955 (age 65–66); New Zealand Nationality: New Zealander
Net worth: US$12.8 billion (November 2020) Graeme Hart – Wikipedia
More rental hysteria from the investor classes. Apparently they forgot basic market rules, the most important one being the rent can only increase to the point where someone agrees to pay the amount demanded.
As for rent caps, why the hell not? It looks like David Faulkner of RealiQ has it all planned out for the govt when it is ready
“Rent controls could be implemented on a regional basis. They could look at rental stats based on MBIE [Ministry of Business, Innovation and Employment] data and cap rents to that effect, only allowing rent increases in line with inflation.
“If an owner makes substantial improvements to the property, they might then be able to apply to the Tenancy Tribunal to set the rent if there are disputes.”
Can't believe the result of a feeling. I think the idea for Maori and Pacifica is to stop looking at other people staring at them, probably thinking gosh they look sour, and smile at them. If they are going to have a stereotype then it will be 'What pleasant people.' At present they are sounding anything but. Save bad feelings for when something bad actually happens and practise returns on jibes that deny them power.
On Newstalk ZB’s Early Edition show before dawn, councillor Collins told Kate Hawkesby he didn’t actually watch Police Ten-7 but he was sure it stereotyped Māori and Pasifika people.
By midday the story lead RNZ’s Midday News and soon after Efeso Collins told the urban Māori radio station Radio Waatea’s Paakiwaha show Police Ten 7 was “chewing gum TV”.
“It has no taste, and no flavour. It is now time for TVNZ to spit it out,” he said.
After that, broadcaster, academic and critic Ella Henry told host Dale Husband the show was “hate speech” which should be scrapped immediately.
"He says the Government's policy announcements are likely to "reshape" the residential property market over the coming years.
"We have frequently highlighted that financial considerations (such as rental yields, mortgage rates and tax) have played a larger role in determining what prospective purchasers are willing to pay for housing than physical factors such as housing supply," he says.
Up until now, the tax treatment of mortgage interest costs has given leveraged property investors "somewhat of an edge" over owner-occupiers."
Now we know the bank economists flip flop all over the place re the property market however I think it is pertinent that there appears a distinct lack of concern in this commentary.
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Our laws are leaving many veterans who served after 1974 out in the cold. I know, because I’m one of them.This Sunday Essay was made possible thanks to the support of Creative New Zealand.First published in 2024.As I write this story, I am in constant pain. My hands ...
An MP fighting for anti-trafficking legislation says it is hard for prosecutors to take cases to court - but he is hopeful his bill will turn the tide. ...
NONFICTION1 No Words for This by Ali Mau (HarperCollins, $39.99)2 Everyday Comfort Food by Vanya Insull (Allen & Unwin, $39.99)3 Three Wee Bookshops at the End of the World by Ruth Shaw (Allen & Unwin, $39.99)
This Anzac Day marks 110 years since the Gallipoli landings by soldiers in the Australian and New Zealand Army Corps - the ANZACS. It signalled the beginning of a campaign that was to take the lives of so many of our young men - and would devastate the ...
The violent deportation of migrants is not new, and New Zealand forces had a hand in such a regime after World War II, writes historian Scott Hamilton. The world is watching the new Trump government wage a war against migrants it deems illegal. Immigration and Customs Enforcement (ICE) officials and ...
While Anzac Day has experienced a resurgence in recent years, our other day of remembrance has slowly faded from view.This Sunday Essay was made possible thanks to the support of Creative New Zealand. Original illustrations by Hope McConnell.First published in 2022.The high school’s head girl and ...
A new poem by Aperahama Hurihanganui, about the name of Aperahama and Abby Hauraki’s three-year-old son, Te Hono ki Īhipa (which translates to ‘The Connection to Egypt’). Te Hono ki Īhipa what’s in a name? te hono – the connection to your tīpuna, valiant soldiers of the 28th Māori Battalion ...
Loading…(function(i,s,o,g,r,a,m){var ql=document.querySelectorAll('A[data-quiz],DIV[data-quiz]'); if(ql){if(ql.length){for(var k=0;k<ql.length;k++){ql[k].id='quiz-embed-'+k;ql[k].href="javascript:var i=document.getElementById('quiz-embed-"+k+"');try{qz.startQuiz(i)}catch(e){i.start=1;i.style.cursor='wait';i.style.opacity='0.5'};void(0);"}}};i['QP']=r;i[r]=i[r]||function(){(i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)})(window,document,'script','https://take.quiz-maker.com/3012/CDN/quiz-embed-v1.js','qp');Got a good quiz question?Send Newsroom your questions.The post Newsroom daily quiz, Friday 25 April appeared first on Newsroom. ...
Pacific Media Watch The Fijians for Palestine Solidarity Network today condemned the Fiji government’s failure to stand up for international law and justice over the Israeli war on Gaza in their weekly Black Thursday protest. “For the past 18 months, we have made repeated requests to our government to do ...
Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Michelle Grattan and Amanda Dunn discuss the fourth week of the 2025 election campaign. While the death of Pope Francis interrupted campaigning for a while, the leaders had another debate on Tuesday night and the ...
Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Whatever the result on May 3, even people within the Liberals think they have run a very poor national campaign. Not just poor, but odd. Nothing makes the point more strongly than this week’s ...
The Finance Minister says the leftover funding from the unexpectedly low uptake of the FamilyBoost policy will be redistributed to families who need it. ...
Source: The Conversation (Au and NZ) – By Daniel Ghezelbash, Professor and Director, Kaldor Centre for International Refugee Law, UNSW Law & Justice, UNSW Sydney People who apply for asylum in Australia face significant delays in having their claims processed. These delays undermine the integrity of the asylum system, erode ...
Source: The Conversation (Au and NZ) – By Adrian Beaumont, Election Analyst (Psephologist) at The Conversation; and Honorary Associate, School of Mathematics and Statistics, The University of Melbourne Every election cycle the media becomes infatuated, even if temporarily, with preference deals between parties. The 2025 election is no exception, with ...
Source: The Conversation (Au and NZ) – By Robert Hortle, Deputy Director, Tasmanian Policy Exchange, University of Tasmania For each Australian federal election, there are two different ways you get to vote. Whether you vote early, by post or on polling day on May 3, each eligible voter will be ...
Source: The Conversation (Au and NZ) – By Anna Mortimore, Lecturer, Griffith Business School, Griffith University wedmoment.stock/Shutterstock If elected, the Coalition has pledged to end Labor’s substantial tax break for new zero- or low-emissions vehicles. This, combined with an earlier promise to roll back new fuel efficiency standards, ...
Source: The Conversation (Au and NZ) – By Pi-Shen Seet, Professor of Entrepreneurship and Innovation, Edith Cowan University Once again, housing affordability is at the forefront of an Australian federal election. Both major parties have put housing policies at the centre of their respective campaigns. But there are still ...
After a nearly four year hiatus, New Zealand’s premiere popstar is back with a brand new single. It’s been a thrilling few weeks of breadcrumbing for Lorde fans, as the New Zealand popstar has been teasing her return to the zeitgeist through mysterious silver duct tape on her shoes, rainbow ...
Source: The Conversation (Au and NZ) – By Richard Meade, Adjunct Associate Professor, Centre for Applied Energy Economics and Policy Research, Griffith University Daria Nipot/Shutterstock With ongoing cost of living pressures, the Australian and New Zealand supermarket sectors are attracting renewed political attention on both sides of the Tasman. ...
Source: The Conversation (Au and NZ) – By Erika K. Smith, Associate Lecturer, School of Social Sciences, Western Sydney University This article contains mention of racist terms in historical context. Every Anzac Day, Australians are presented with narratives that re-inscribe particular versions of our national story. One such narrative persistently ...
“Anzac Day is portrayed as a day where the country can reflect on the horrors of war, the costs in human lives and commit collectively to never again allowing genocidal mass murder. We have to ask, is that really happening?” said Valerie Morse, member ...
Source: The Conversation (Au and NZ) – By Jennifer Parker, Adjunct Fellow, Naval Studies at UNSW Canberra, and Expert Associate, National Security College, Australian National University Australian strategic thinking has long struggled to move beyond a narrow view of defence that focuses solely on protecting our shores. However, in today’s ...
Source: The Conversation (Au and NZ) – By T.J. Thomson, Senior Lecturer in Visual Communication & Digital Media, RMIT University As Australia begins voting in the federal election, we’re awash with political messages. While this of course includes the typical paid ads in newspapers and on TV (those ones ...
Source: The Conversation (Au and NZ) – By Natalie Peng, Lecturer in Accounting, The University of Queensland Shutterstock For Australians approaching retirement, recent market volatility may feel like more than just a bump in the road. Unlike younger investors, who have time on their side, retirees don’t have ...
Source: The Conversation (Au and NZ) – By Judith Brett, Emeritus Professor of Politics, La Trobe University Beatrice Faust is best remembered as the founder, early in 1972, of the Women’s Electoral Lobby (WEL). Women’s Liberation was already well under way. Betty Friedan had published The Feminine Mystique in 1962, ...
The Spinoff’s top picks of events from around the motu. Wow lucky us, it’s time to kiss the wheelie office chairs goodbye and begin another(!) long weekend. As tempting as I know it is to lean into the phone addiction and do just about nothing, you should make the most ...
Source: The Conversation (Au and NZ) – By Kate Fitz-Gibbon, Professor (Practice), Faculty of Business and Economics, Monash University In the past week, at least seven women have been killed in Australia, allegedly by men. These deaths have occurred in different contexts – across state borders, communities and relationships. But ...
National MP and diehard Shihad fan Chris Bishop sings the praises of his favourite band’s classic 1995 album. Last week I went to my first ever Taite Music Prize ceremony, the annual bash to honour independent music in New Zealand. I’d love to say I was invited, but I wasn’t ...
Source: The Conversation (Au and NZ) – By Wayne Peake, Adjunct research fellow, School of Humanities and Communication Arts, Western Sydney University The story goes that the late billionaire Australian media magnate Kerry Packer once visited a Las Vegas casino, where a Texan was bragging about his ranch and how ...
Coal mine expansion into the West Coast’s Denniston plateau attracted more than 70 protesters over the Easter weekend. Climate activists say this is only the first step in resisting the Bathurst mining company. “Oh yeah – right there is where we’re digging trenches to keep tents from getting flooded,” said ...
I see Tourism Australia are advertising Western Australia as a holiday destination on the NZ Herald, so hopefully that means the travel bubble is not far away.
Wishing it makes it come true 😉
Personally speaking, I am apprehensive as much as I am hopefully looking foreward to this.
Up till now the New Zealand governement has followed a strategy of elimination of the covid-19 contagion, a strategy which has proved to be a runaway success, whereas the Australian government which has followed a strategy of suppression, not elimination, is currently seeing a rise of cases centred around Brisbane.
https://themarketherald.com.au/breaking-brisbane-enters-snap-lockdown-as-covid-19-cases-rise-2021-03-29/
To have common open borders between Australia and New Zealand means they would have to to adopt a policy of elimination, or we would have to adopt a policy of suppression.
Scott Morrison has said that he will never agree to adopting a policy of elimination. Which means that defacto we will have to share Australia's suppression strategy and abandon elimination.
<blockquote>Prime Minister Scott Morrison said Australia won’t be pursuing a “risky” elimination strategy to defeat COVID-19.
Speaking at a press conference today, Mr Morrison warned such a move would result in the country suffering a massive economic downfall.
He said countries that have gone for the elimination strategy have seen much greater economic impacts than Australia.</blockquote>
https://www.news.com.au/world/coronavirus/australia/coronavirus-australia-pm-wont-pursue-elimination-strategy/news-story/f12adaa7548cf27515b9be310622ba16
<blockquote>"You don’t just shut the country down because that is not sustainable" #ScottyFromMarketing told Triple M on Wednesday [1].
Actually yes it is. It is very sustainable. Because you don't have to do it on a permanent basis.
As early as March, New Zealand adopted a path of "go hard, go early" [2]. Their strategy was not a "sustainable" level of coronavirus in the community to keep the wheels turning, but its elimination, and starting with a higher level of infection per capita than Australia. But by adopting a policy of elimination, they have been able to restart early as well. Yes, there have been cases since then from people coming into Australia – and yes they have every single known case in isolation.
It also seems that #ScottyFromMarketing is confused about the elimination strategy and international trade.
"Unless we’re going to not allow any freight or any medical supplies into Australia, or not allow any exports or anything like this, there is always going to be a connection between Australia and the rest of the world".
Seriously? An elimination strategy allows for imports and exports. It is possible to put goods in quarantine, you know? The transmission rates from imported and exported goods are, shall we say, "not very high".
http://isocracy.org/content/elimination-not-suppression
OTT intro is a guy protesting the refusal of a brand name to use slave labour. Rest of the video breaks down the new low for humanity where brands that won't go along with exploitation are targeted.
When the Govt. announced its mild anti speculation moves last week, I thought within hours–where are the renters, homeless and those locked out of home ownership in this? They were not being represented, it was landlords and developers as–noble “victims” housing the nation–that hogged the media.
The reasons are rather obvious why the better off dominate media coverage, but at least it has been recognised and hopefully the rest of us will get some cover.
https://www.rnz.co.nz/national/programmes/mediawatch/audio/2018789167/investor-economist-alliance-dominates-media-s-housing-response
The cover I would most like, is some occupations of residential and commercial property!
I’ve not seen articles representing homeless as such but there certainly have been a number of pieces featuring tenants/renters and aspiring FHBs. ACT and National are now championing the renters’ plight and Chlöe is their spokesperson 😉
Good on RNZ for this article.
Take a squiz at the first post in this thread, in particular the last paragraph. Now the dust has settled the new changes might be just the thing we needed to drop prices, get more people out of investment property.
https://www.trademe.co.nz/Community/MessageBoard/Messages.aspx?id=1844067&topic=21
Log in required!?
Sorry. Quoted from tinyurl.com/hxvkp669
Agree on renter media representation.
The Aussie banks have a lock on public discourse.
At some point this government is going to have to find some friends, before its mandate runs dry.
Yep – you might say that renters' voices are being cancelled. Except to be cancelled you need to have been heard in the first place. If you've never been heard, then it's something far worse than mere cancelling. Money gets to talk, poverty stays silent.
I don't know AB. This govt has brought in a lot of legislation that has helped renters, e.g. warm dry home bill, rent freeze over lockdown. I wouldn't be surprized if they did that if they perceive rents going up.
And as KsaysHi has pointed out, the more landlords charged the more they will be taxed.
I don't think renters voices have been cancelled at all. A lot of stories about their plight and also stories of obcence landlords.
Yeah – I'm probably exaggerating a bit. This time round seems slightly better in terms of balance.
School strikes are back!
Let’s join them on April 9, and demand climate action.
https://www.schoolstrike4climate.nz/
According to Stuff this morning in the panicky story about a missent email, weekly rents under Labour have gone up about an average of $24 a year since 2017, in the years 2008 to 2017 they went up $12 a year, looks bad but the yearly amounts are, for Labour 3.8% and 4.16% for under National using the starting rents of $290 in 2008 and $400 in 2017.
Now my maths are probably pathetically bad but that looks like the the same as rates and general inflation figures. We do get horror stories of big rent rises but they may only represent a few percent of the rents being negoiciated at any one time. It is the same as house prices going up or down, with only 5% of houses turning over every year, a very small percentage of the market is distorting the real picture. A family in a home may have no intention of shifting for decades and therefore price need not be of any concern to them. Surprisingly the new home buyer loan limit for Auckland is the median for the bottom quartile of price, the squealing is coming from the small number of the self entitled who assume their first home should be as flash as a rat with a gold tooth and exactly where they want to live. It has never been like this in the entire span of human abode buying history, unless of course your parents already own half the town and can afford to indulge their precious ones.
Rent increases have exceeded inflation and wage increases don’t reach that level.
https://www.nzherald.co.nz/business/rents-rising-at-fastest-pace-since-2008-pushing-inflation-close-to-2-per-cent/5DCHLKIUGNAZF2ULGZE5HULYNI/
a visual example from the Spinoff’s excellent explainer:
https://thespinoff.co.nz/society/the-side-eye/25-03-2021/the-side-eyes-two-new-zealands-the-k-shape/
Thanks for loading that up arkie you are a star.
Bellingcat on the ship in a ditch FU.
https://www.bellingcat.com/resources/2021/03/26/suez-canal-satellite-clues-on-a-stricken-cargo-ship/
As a former mariner I'm surprised it's caused so much trouble – usually the problem with getting grounded vessels off is securing access to them without endangering the rescue vessel. Here there seems to be good access on both sides of the canal, and that should allow hoses or suction jets to liquify and remove the sediment that holds the vessel relatively easily. The canal will likely need a bit of dredging after, but that's hardly insuperable these days.
Who doesn't want that ship freed?
Shsh! Do you want the hot hail?
Being cut off at the knees again. We get tall poppy syndrome they say, from NZs but actually it is the way the leaders play our game in NZ.
https://www.rnz.co.nz/news/business/439390/evidence-of-hot-chip-glut-dumping-in-nz-industry-group-says
The potato growers are being undercut, diced and sliced! Can we have our own economy and produce back again please government and big business. Ooh you do look strange granny business, your eyes are so bright and stareing and your teeth so long, and you are drooling out of the side of your mouth!
How can we keep NZ on an even keel. We have foreigners buying most of our successful companies and then who knows what they choose to do with them. We have financiers and rentiers here in NZ like Graeme Hunt and his Rank Group below. They can uplift their profit at any time and repatriate it. They can use it to leverage their way into more of our property.
Now Carter Holt Harvey is selling off wood that was grown to serve NZs. They choose to do this because they are not a NZ-facing company any more; they are on the export bandwagon. Oh that's okay, never mind about us. Did you know:
Rank Group Ltd is Hart's private investment company. It is the 100% owner of Reynolds Consumer Products, Burns Philp and Carter Holt Harvey.
Born: 1955 (age 65–66); New Zealand Nationality: New Zealander
Net worth: US$12.8 billion (November 2020) Graeme Hart – Wikipedia
Well if they're breaking contracts they'll get sued.
More rental hysteria from the investor classes. Apparently they forgot basic market rules, the most important one being the rent can only increase to the point where someone agrees to pay the amount demanded.
As for rent caps, why the hell not? It looks like David Faulkner of RealiQ has it all planned out for the govt when it is ready
Can't believe the result of a feeling. I think the idea for Maori and Pacifica is to stop looking at other people staring at them, probably thinking gosh they look sour, and smile at them. If they are going to have a stereotype then it will be 'What pleasant people.' At present they are sounding anything but. Save bad feelings for when something bad actually happens and practise returns on jibes that deny them power.
https://www.rnz.co.nz/national/programmes/mediawatch/audio/2018789169/clamour-to-cancel-tvnz-s-top-popular-cop-show
On Newstalk ZB’s Early Edition show before dawn, councillor Collins told Kate Hawkesby he didn’t actually watch Police Ten-7 but he was sure it stereotyped Māori and Pasifika people.
By midday the story lead RNZ’s Midday News and soon after Efeso Collins told the urban Māori radio station Radio Waatea’s Paakiwaha show Police Ten 7 was “chewing gum TV”.
“It has no taste, and no flavour. It is now time for TVNZ to spit it out,” he said.
After that, broadcaster, academic and critic Ella Henry told host Dale Husband the show was “hate speech” which should be scrapped immediately.
The narrative is changing…?
"He says the Government's policy announcements are likely to "reshape" the residential property market over the coming years.
"We have frequently highlighted that financial considerations (such as rental yields, mortgage rates and tax) have played a larger role in determining what prospective purchasers are willing to pay for housing than physical factors such as housing supply," he says.
Up until now, the tax treatment of mortgage interest costs has given leveraged property investors "somewhat of an edge" over owner-occupiers."
https://www.interest.co.nz/property/109732/westpac-economists-say-govts-housing-taxation-changes-will-dramatically-tilt
Now we know the bank economists flip flop all over the place re the property market however I think it is pertinent that there appears a distinct lack of concern in this commentary.
https://www.rnz.co.nz/national/programmes/saturday/audio/2018789295/ex-bank-of-england-governor-mark-carney-building-a-human-values-based-economy
Mark Carney is the UN Special Envoy for Climate Action and Finance and UK Prime Minister Boris Johnson's Finance Adviser for COP26.
He was Governor of the Bank of England until last year, and prior to that was Governor of the Bank of Canada.
His new book, Value(s): Building A Better World For All challenges free market fundamentalism and blames it for damaging the values upon which a good society is based.
But can someone with his background be trusted.
Everyone should see and hear Bill Bailey, especially his rendition of "Happy Birthday".
https://youtu.be/QAB6aXOfUmU