Tag: Housing

Gordon Campbell on Labour’s housing policy, and TPP rewrites

Column – Gordon Campbell D riving round Dunedin South yesterday was an interesting place to be hearing the news of Labours new housing policy launch. In Corstorphine and Kew came street after street of state housing built in a previous era by an effective government … Gordon Campbell on Labour’s housing policy, and TPP rewrites Driving round Dunedin South yesterday was an interesting place to be hearing the news of Labour’s new housing policy launch. In Corstorphine and Kew came street after street of state housing built in a previous era by an effective government response to housing need,...

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Government should just ban foreign speculators

Press Release – New Zealand Labour Party The Prime Ministers musings about a land tax on non-resident buyers is just more tinkering, and the Government should just ban foreign speculators as the Australian Government has done, says Labours Housing spokesperson Phil Twyford.26 April 2016 Government should just ban foreign speculators The Prime Minister’s musings about a land tax on non-resident buyers is just more tinkering, and the Government should just ban foreign speculators as the Australian Government has done, says Labour’s Housing spokesperson Phil Twyford. “This is classic John Key. Just enough to get the issue off the front page. Just enough to make it look as if he is doing something. “The overwhelming majority of Kiwis support Labour’s policy. It is simple, it is clean, and in Australia the requirement for foreign investors to build new homes has channelled $30 billion into new home construction in the past year. “The Prime Minister is a day late and a dollar short. He has been rubbishing Labour’s policy for the past three years, and denying that foreign speculators are even a problem. He refused to even try to negotiate a carve-out for a ban in the TPPA. And now he has some complicated land tax idea that would apply to Kiwis who happen to be working or living overseas. “John Key needs to reflect on the number of young Kiwi...

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Action not words, needed on housing speculation

Press Release – New Zealand Labour Party John Key should be taking action to crack down on speculation in our overheated housing market, instead of random musings on land tax, Labour Housing spokesperson Phil Twyford said. “John Key suggested today on TVNZ’s Q and A programme that a land tax …John Key should be taking action to crack down on speculation in our overheated housing market, instead of random musings on land tax, Labour Housing spokesperson Phil Twyford said. “John Key suggested today on TVNZ’s Q and A programme that a land tax on overseas buyers might be a way to deal with the housing crisis that is leaving many middle New Zealanders with little hope of the security of home ownership. “After years of denying there is a problem it seems the Prime Minister might have woken up to the damage that offshore speculators are doing. But there is no action to back up these musings. The government continues to sit on its hands as house prices spiral upwards and the Kiwi dream of owning a home slips out of reach of more people. “This random statement from John Key raises a lot of questions. Has he done the work on what the impact of a land tax would be, and how it would apply? Is this just a revenue grab or would it actually have an impact...

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Gordon Campbell on govt’s impotence towards banks, and Iran

Column – Gordon Campbell O ne of the defining features of this governments political style is how often Prime Minister John Key chooses to sound like a mere observer of political events. The public may think that they elected him to lead, and to be the captain on the … Gordon Campbell on the government’s impotence towards the banks, and Iran One of the defining features of this government’s political style is how often Prime Minister John Key chooses to sound like a mere observer of political events. The public may think that they elected him to lead, and to be the captain on the field but – time and again – he seems far more comfortable in commenting from the sidelines. The banks’ refusal to pass on the RBNZ’s interest rate cuts? They’re charging 20% interest on credit cards when interest rates are barely flickering above 2%? They’re pillaging New Zealand to the tune of $4.59 billion a year in profits? They’re making New Zealanders pay through the nose for the banks’ own increased costs of international borrowing? Jeepers, that’s simply how the system works. They charge: you pay. Oh, and Labour wants to do something about it – by engaging critically with the banks and/or passing legislation to ensure they pass on interest rate reductions to their customers? “They just don’t understand how the banks operate,” Key...

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James Shaw’s Commencement Debate Speech

Speech – Green Party Ki a koutou ku hoa Premata, huri noa i te Whare, ng mihi o te tau hou ki a koutou katoa.Commencement Debate Speech James Shaw – 9th February 2016 E te Māngai o te Whare, tēnā koe. (Mr Speaker, greetings to you.) Ki a koutou ōku hoa Pāremata, huri noa i te Whare, ngā mihi o te tau hou ki a koutou katoa. (To all of you my Parliamentary friends, across the House, happy New Year.) Mr Speaker. Today, I want to talk about leadership and I want to start by talking about a subject that many National MPs will become very familiar with next year. I want to talk about retirement. Superannuation One of the big challenges the Government has promised they’re not going to fix is superannuation. Most of the people in this room know the numbers. In the next few decades our population will age and retire. Our tax revenues will go down because there will be fewer people working. Our healthcare costs will go up. And our superannuation commitments will double to $25 billion a year by 2028. We know that the Prime Minister is very relaxed about all of this. Nowadays he’s so relaxed I wonder if he’s got a special dispensation from the Associate Health Minister. Former Finance Minister Michael Cullen was not so relaxed. That’s why he set...

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