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Jacinda Ardern

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Mate we  Baby Boomers probably have all done well out of the property market over the years but the Tories should have realised that there was an issue many years ago but they did not. They claimed that there was no housing crisis. At least Phil is looking to do something about it rather than useless (death warmed up) Nick Smith who had his head in the sand. In fact the Tories finally realised it and sacked him as Housing Minister

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3 hours ago, crustyngrizzly said:

 Phil the builder is lambasting the Nats for making housing  unaffordable, meanwhile his beloved leader Mrs Ed has raked in over 300k profit in 2  years by selling her house.

Do what i say ,not what i do.

Who are Labour going to blame for this housing crisis?

By CS

 

phil-twyford-getty.jpg

Labour made much of the so-called housing crisis while in opposition.

They are in charge now and there is an amazing silence on the issue, except for Phil Twyford’s grandstanding.

But there are new reports out that the government’s own new policies are creating a new crisis: Quote.

The government faces ongoing warnings of a rental property crisis as a consequence of its plans to “ring fence” tax losses.

The Property Institute of New Zealand is making the claim on Tuesday as a white paper proposes that the costs associated with owning a rental property, including interest, rates, insurance, maintenance could no longer be offset against other income as has been the case for many decades.

Institute chief executive Ashley Church is warning of an exodus of landlords from the property market.  

He says the plan to “ring fence” property tax losses will significantly worsen the shortage of rental accommodation in the largest cities.

Mr Church says most investors make a loss on the day-to-day operation of their property in the early years but properties do eventually become profitable at which time tax is paid on that profit just like any other business activity.

So the ability to claim losses early on is offset by an eventual return to the taxman later on.

He says private Landlords provide the lions share of rental accommodation in New Zealand.

ACT leader David Seymour says this week marks six months in office for the Ardern-Peters coalition government and its indecision on fundamental housing reform is hurting New Zealanders.

On Monday the Salvation Army said rising rents were causing hardship for many New Zealand families.

The government was elected to fix the housing crisis because National did nothing effective to ensure more homes were built,” says Mr Seymour.

So far, cabinet has not even considered the idea of changing the rules that would allow the private sector to deliver more houses.

“It has been content to blame immigrants and prioritise a xenophobic foreign house buyer ban, which will do nothing for affordability.” End of quote.

So, who will Phil Twyford blame this time? He’s the minister. He is going to actually have to do something. This could get interesting.

 

 

 

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The current crop of political incompetents: Part one

By GP. 
 

Jacinda-Ardern-640x480.png

Jacinda Ardern is the minister for national security and intelligence.

She seems to have taken national security so seriously that she has forgotten that she promised an open and transparent government. As for intelligence, I assume that she is still looking for some.
Being the minister of arts, culture and heritage doesn’t seem an appropriate portfolio for a fish and chip wrapper from Morrinsville. Still, no doubt there’s an art to wrapping the fish, a culture among the fishing fraternity, and each fish must have a heritage.
She is also the minister for child poverty reduction. I went to the page to see what this meant and found it vacant, just like the minister.

 

Winston.jpg

Winston Peters is the minister for foreign affairs.

Having an affair with the left-wing is certainly foreign to most of us here.
He is also the minister of state-owned enterprises and so far he has backtracked on most of the enterprising ideas he wanted to implement for the state. Maori seats and regional development to name just two. Winston is also the minister for racing. He has backed the wrong horse this time as he went left jumping out of the starting gates and is still galloping in the wrong direction.

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Kelvin ‘has favourites’ Davis

Kelvin Davis is the minister for crown/Iwi relations.

Information provided says administrative support for this portfolio is provided by the ministry of justice. On his performance so far he’ll need plenty of it.
He is also the Minister of Corrections. This is a good fit. A lot of his corrections come in question time. The announcement that he doesn’t want to see violent crims locked up will see him being corrected yet again.

He is also the minister of tourism. As he is part of a government that doesn’t want fossil fuels in this country he’ll no doubt put a ban on airlines flying here so tourism won’t exist.

a_night_out_with_grant_robertson_1596368

– TVNZ

Grant Robertson is the minister of finance.

Grant is yet to learn that in this portfolio you need a basic understanding of numbers. Grant, it appears, not being good with figures, hasn’t quite figured that out. If he manages to balance the budget it will probably have been achieved on the basis that he thinks one and one makes three.

He is also the minister of sport and recreation. Looking at him it would appear he is not a good fit for the sports portfolio. Recreation, however, is a strong point. Based on his performance so far he obviously spent the last nine years in recreation mode.

amshow-phil-stoner-twyford-labour-mp-apr

Phil Twyford is the minister of housing and urban development.

He is a tool or perhaps a spade as he’s always digging holes for himself. Not one house or double garage on any urban development so far. He hammered away at it in opposition but has no idea how to nail it in government. Went to the info page for this portfolio and it was blank. Perhaps this explains his inept performance so far.

He is also the minister of transport and is driving dumb policy that’s going nowhere just like Auckland traffic. It won’t be long before he has the whole country as stalled as his thinking appears to be. His idea of a tram up Dominion Road is completely off the rails.

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Chris Hipkins

Chris Hipkins is the minister of education and he needs to get one. He wouldn’t look out of place back at school. He needs to crawl out from under Mummy’s union skirts and start acting like the person he’s supposed to be.
As the minister of state services, everything he services is in an appalling state.
He is also the leader of the house which is a total joke as he couldn’t lead a horse to water, never mind trying to make it drink. Organising a drinks party in a brewery would be beyond him as a leader.

 

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Jacinda tells us to be "aspirational"--she has aspired to and now nearly reached the full status of a typical WINZ profile--AN UNMARRIED, ABSENTEE PARENT.( which she will be if she is doing her PM job properly, not remotely).

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Bassett: ‘Modern Labour has become a religion based on inadequate reading and thinking and wishful thinking’

By CS

 
 

michael-bassett.jpgMichael Bassett is one of the best brains in New Zealand politics.

He has given an interview to The Listener where he rates the government: Quote:

How do you rate the new Government’s performance so far?

The sorts of issues that have faced this Government haven’t been extraordinary, but what exacerbates its problems is that it is a jerry-built government: the three groupings make it hard to manage. The Greens and New Zealand First are not able to sit in Cabinet together, but they sustain the Government, all the while watching the polls to check their standing, which isn’t improving. That’s hard enough, but add to it Jacinda Ardern, the youngest and least-experienced leader of a government we have ever had, and this Government may not even last one term.  

That’s a harsh call, isn’t it?

Yes, but as I’ve just said, it isn’t just Jacinda. She has considerable talents, but she has a knowledge deficit. It shows in foreign policy. Jacinda doesn’t know much about international affairs and doesn’t understand the historical relationships between New Zealand and the Pacific. She certainly doesn’t understand Russia, which is emerging as the next best thing to an international rogue state. Put her alongside Helen Clark, the last Labour Prime Minister, and Jacinda looks like a rank amateur. She desperately needs to know more, but when you are Prime Minister you don’t have time to go out and learn: you are meant to have done that already. A bachelor in communications from Waikato University is not quite the same as a first-class honours degree in politics and history, which is what Clark had, plus the better part of a PhD.

Do you give her points at least for saving the Labour Party?

She took over the party at 37; that shows you how desperate Labour was. She certainly gave the party a lift. She took them up to 36%, not an inconsiderable feat. Winston [Peters, NZ First Leader] was going around this time a year ago with expectations that New Zealand First might supplant Labour as the second party. That would then have been the point where New Zealand First and the Greens would have jointly gobbled up what remained of Labour. So, yes, she plucked them back from oblivion, but does it look like it is going to be a roaring success? No. This Government is in deep trouble.

Why?

It has over-stoked public expectations. [Phil Twyford, Minister of Transport and of Housing] is an accident in slow motion. The extraordinary phrase he used this morning in the Herald,along the lines of “we are changing the world” regarding transport and then a whole series of wishes and hopes about transport – that is fantasy stuff. Cycling as the future for Auckland? Gimme a break – they’ve taken away road space and poured resources into cycling that no one uses other than on Saturday mornings. I can see that cycle path heading out west from my apartment and there’s usually no one using it. They are social engineers without any sense. Whenever Labour shows that tendency, the voters deal with them in short order. They should read Public Spending in the 20th Century: A Global Perspective by Vito Tanzi and Ludger Schuknecht. It would help inject some sense into their thinking and policies.

Do you have anything relevant to say to the party you belonged to for 35 years?

What I say is relevant, but [the Labour Party] doesn’t like me at all; it regards me as a holdover from the wicked Fourth Labour Government. It has created a savage view of that Government but neither it nor any other government has dismantled the reforms of that time. Modern Labour has become a religion based on inadequate reading and thinking and wishful thinking. Sometimes I say pleasant things about it and sometimes unpleasant, so it dances around me a little apprehensively. End quote.

No damning with faint praise from Michael Bassett, just damning… and not without good reason.

It is a shame that Labour ostracise great thinkers like him and ignore their advice.

 

 

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58 minutes ago, crustyngrizzly said:

Being shafted by the Lange Govt hasn't stopped him from telling the truth.

Spot on Crusty. 

Bloke's comments on this thread have very little meaning as instead of putting a case against the message he would rather attack the messenger, particularly ones' he doesn't like.  I suspect that is his only means of trying to denigrate what is being said and as you point out the messages of truth are very hard to argue against. :)

  

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1 hour ago, Ohokaman said:

Now we have another 15% to be added to online purchases under $400.  "It's not a tax " says Goofy.

This presumes the overseas sellers will take any notice of course.....:rolleyes:

I was baffled by her statement too although she didn't say it wasn't a tax she said it wasn't "a new tax".

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Perhaps they will collect off the Couriers, who will need to collect the GST from the addressee before releasing the goods.     No doubt it will be very messy, but no problem for the government as they will just sit back and reap the rewards in their usual inimitable way.

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14 hours ago, chevy86 said:

Yes, good luck collecting it off the sellers!

This is another example of National not supporting small business. Retailers have been trying to compete on an uneven playing field being hugely disadvantaged by overseas sales not having GST applied. Small retailers who are free enterprises (something the Tories falsely claim to represent) will be delighted.

The Tories sat on their hands with this legislation

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19 hours ago, rdytdy said:

Spot on Crusty. 

Bloke's comments on this thread have very little meaning as instead of putting a case against the message he would rather attack the messenger, particularly ones' he doesn't like.  I suspect that is his only means of trying to denigrate what is being said and as you point out the messages of truth are very hard to argue against. :)

  

They are not messengers. They  are Hoskings, someone who constantly polished John Key's balls and is a Tory to the hilt and the other is Rodney Hyde who humilated himself over the perk buster affair. Then the third is a shafted labour Minister who never got over it.

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2 hours ago, bloke said:

This is another example of National not supporting small business. Retailers have been trying to compete on an uneven playing field being hugely disadvantaged by overseas sales not having GST applied. Small retailers who are free enterprises (something the Tories falsely claim to represent) will be delighted.

The Tories sat on their hands with this legislation

The bulk of the work on this was done by Judith Collins in the last term.

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For Bloke. Over 90% are from other sources and here is another:

Why the world is leaving NZ behind

By Christie

On 20 April the NBR ran an article on why we are being left behind, as the rest of the world moves into a growth phase. Quote:

If the domestic economy slows faster than expected in the next two years, it won’t be due to overseas trends.

Voters who backed a change of government back in September also chose a package of low-growth options over the status quo.

That realisation is already affecting economic forecasts, even though the world is in a synchronised growth mode for the first time in decades. End quote.

 

Surprise, surprise. Remember how Winston said capitalism has failed? Somehow the answer is to tank our economy and reduce growth at a time when the rest of the world is finally in a growth stage. Quote:

IMF Chief economist Maurice Obstfeld urged policymakers to use this buoyancy wisely to ensure against future downturns. “Countries need to rebuild fiscal buffers, enact structural reforms and steer monetary policy cautiously in an environment that is already complex and challenging.”

Some of this advice is being ignored by the Coalition government, particularly the reference to rebuilding fiscal buffers. Instead, it is reversing direction and will eliminate the surpluses of the past two years. End quote.

Why is it that socialist governments can never seem to see the benefit of a strong economy? If they kept growth numbers strong and kept tax rates reasonably low, they could afford their social programmes and would have the best of all worlds. Instead, they trash the economy, and increase taxes so that workers are simply going out to work to pay for others. No wonder those around the margins decide to quit working. Quote:

Already one forecaster, Infometrics, is predicting New Zealand will slow to 2.4% annual growth by the end of this year, and below 2% during 2019. This would be the worst annual outturn since the global financial crisis in 2008-9. Before the election, Infometrics was the most enthusiastic backer of Labour’s policies, so the switch is significant.

Chief forecaster Gareth Kiernan says the two main reasons for his downgrade are a decline in net migration, and the stalling of construction and infrastructure. End quote.

All this is in spite of Labour’s promises before the election. Ten thousand houses a year, of which 18 are in progress and they were started by National anyway. The end of the Roads of National Significance, or RONS. The development of RonAir. Obviously, someone should have put Ron Mark in charge of roads. Quote:

Unfortunately, these are not the only negative effects on business. Wage inflation tougher hiring and firing rules, and higher compliance costs have already slashed business confidence. End quote.

The thing is, this was part of what Steven Joyce meant when he talked about an $11.7 billion hole. He knew there were wage claims coming up from teachers and nurses. Labour studiously ignored these things during the election campaign, gave all the spare cash to tertiary students who didn’t need help, and then claimed, “Things are much worse than we thought.” If they hadn’t started out with a lolly scramble, it might have all been different. I’d rather see the money go to nurses than students from middle class families. Quote:

This can be interpreted as a greater dependence in future on government activity, and therefore an increasing tax burden, with a corresponding decline in the contribution of private investment and business. End quote.

Shall we party like it is 1999? Sure feels like it. Auntie Helen is even back in charge. Where is Marty McFly when you need him? Quote:

Confirmation comes in the bans on further irrigation schemes and privately funded offshore oil and gas exploration, which the Ministry of Business, Innovation and Enterprise says will have a long term loss of $6.2 billion to the economy. This includes nearly $1 billion in foregone royalties to a government that is detaching itself from the world economy. End quote.

Business is really struggling under Labour. Confidence is the lowest we have seen for at least a decade. When you have a government that are perfectly happy to trash a productive industry with no consultation, simply because they want to send virtue signals, you know you are in trouble. Even if you believe in climate change, everyone knows that trashing our exploration industry will have no effect at all. It will just cost more to import oil.

I am horrified by this government. The damage they are doing is massive. They had no idea, when they played student politics by announcing that there would be no new oil or gas exploration permits, that the industry would react immediately. They thought they had decades before it was going to be a problem. It just shows how stupid, naive and inexperienced they are. It also shows that they should not be in government.

The truth is that the ones who vote for this mob are the ones who will be affected the most. Petrol prices are already increasing, while the light rail to Auckland Airport is still years away. How is Jacinda helping all those children in poverty by pushing up basic living expenses? She isn’t. They will be worse off under Labour than they ever were under National.

They say a week is a long time in politics. Two and a half years seems like a century at least.

 

 

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37 minutes ago, eljay said:

On top of a proposed 9.8% rate increase next year and the year after Hamilton is becoming Aucklands close relative.Already some friends of mine are thinking of getting out.

Mayor King is certainly not living up to the pre-election hype.Typical poli,very good at spending other peoples money.

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