Well I really do hope something is done about tax on amateur speculators (which is what Matthew seems to be talking about) as it will level the playing field.
Mathew Given that speculators are already taxed under NZ law at full income tax rates what extra taxes do you expect for speculation?
Mutton. You are just making meaningless noise. Go away and find out a little bit about trusts.
A trust set up in NZ by a NZer is not a foreign trust.
You imagine wrong. Foreign trusts and money laundering. Nothing to do with houses.
Can you cite this 'new law" where benificiaries of trusts are visible? That will be quite a major change. Property managers will do whatever is asked of them by clients. Its a service industry and very lucrative.
Good luck with that. By definition, if the proxie uses a legal entity for purchase then the wealth is an investor in the entity, not in a house. A lawyer can be director of a trustee company, which uses legally sourced funds for housing purchases. A few ...
It will be interesting to see some details of how exactly this is going to be implemented to if it will have any power to stop non resident purchasers. A couple of things come to mind immediately tho.... The non resident wealth (two Chinese families) I ...
Taika...has reached his "value' getting paid off for producing crap...Thor...omg what shite.
Draco. i was 22 yrs old when I became a contractor. That year i earnt three times the last years wages.
needs to be at least 140% above wages. 170% is better, allows for actual downtime. Sometimes on a contract tho...you know you can cream it... 70 hrs a week... huge money so you knock the rate back.
Andre. It comes down to personal circumstance. When i started out as a knuckle dragging contractor I didnt have the choice. Contract around 10% above wages or zero work, but after a while (and a few employees) I felt I needed a firewall from potential ...
Wow Bill. You dont yearn to own your own potato patch?
Macro. IIRC far more than 30,000 Ha was sold off to the USA under Helens rule back when that huge forestry deal was done. I wont comment on the environmental impacts but as a land developer I was jealous of the 10's of KMs of riparian rights that was sold ...
Well the government needs 1,000,000 Ha of land to plant all these new trees on...so all the Landcorp land would be a start I suppose. Chop off the best bits of the farms , do a few rezoning applications and you will have 10,000 Ha of residential land to ...
OAB. I have just read a comment where "terrorist" and "assassination" are in the same paragraph but that cannot be what RTM refers to., so I am none the wiser.
RTM. Got a link for that comment?
barfly. Is that the way MMP is done on the planet you live on?
IMHO DPF has it spot on. He just doesnt go far enough. If either Greens of WinstonFirst got 4.9% this time around then Bill would still be in the big chair rather than packing up his office. What chance has NZF without Winston at the wheel? Jones or Mark ...
Cinny. Thanks. As a speculator...I am looking for to interesting times All my hopes and dreams have come true today :-)
News... I thought it was meant to be pissing with rain for the game on Saturday... which will favor the ABs massively...
rolf. I am with you. I am totally rapt that Taxcinda has done the deed. Its going to be very interesting and busy times from a business point of view ! :-)
Did Winston say if He was PM ?
yeah Winston already making excuses for poor performance!
You described Garners discussion of the above as being based on racist rhetoric and you blithely ignore the reality of immigration choosing to ask inane questions "I’m asking you why the NZ govt can’t set its immigration policy any way it wants." Also. You...
NZ govt can set immigration policy any way it wants within bounds of existing agreements. But according to you that is racist. [I haven't said that is racist. Produce evidence that I have or retract your statement or get moderated for making shit up about ...
Winston is a turd. Serial liar, thief and trougher. Happily supported and defended by the Clark Govt 2005 - 2008.
weka. How do you propose to stop Kiwis coming home to live? or Aussies coming here to live?
Wild. I have worked minimum wage back as a second job when i needed to do that. 10.30 pm to 6.30 am and then go home to a new born and screaming Wife . ahhhh the joys :-)
Wild. Interesting rant. you are obviously happy for Kiwis to make the long term career choice of the dole or dpb and leave the Fijians to the mere $800/wk job.
tracey. Hard to talk about market forces unless you compare apples with apples. Remove all social welfare payments to NZers and see how many want to pick those apples then. Too many unemployed here in Hawkes Bay drive past fields where Fijians are working ...
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