Trump 2,741 Report post Posted September 19, 2017 This "Crap" article from today's "The Australian" Editorial may help you understand what's up for grabs on Saturday. Quote Share this post Link to post Share on other sites More sharing options...
Insider 3,874 Report post Posted September 20, 2017 The above comments are pretty general in fact, (not 100% accurate either) and as by someone seen from overseas, not from within. I guess your views are similar, as they too are formulated from afar. Sort of understandable really. Basically it's 50/50 race, so whatever the outcome I will be supporting the new Government as that's what we will have for the next three years. Unlike most Nats, I won't be threatening to emigrate to Australia if they lose. Quote Share this post Link to post Share on other sites More sharing options...
Patiti 274 Report post Posted September 20, 2017 Three reasons the government will change Health, housing and dirty water. Be lucky to get any party votes in Otago due to the health and hospital fiasco. Quote Share this post Link to post Share on other sites More sharing options...
chelseacol 2,488 Report post Posted September 20, 2017 7 minutes ago, Patiti said: Three reasons the government will change Health, housing and dirty water. Be lucky to get any party votes in Otago due to the health and hospital fiasco. I bet they get at least 1 The reality is any third term govt gets picked apart. Labour were the same and they didn't fix health or housing or the unemployed or violence against children etc etc either tonkatime, napier, THE TORCH and 1 other 4 Quote Share this post Link to post Share on other sites More sharing options...
Patiti 274 Report post Posted September 20, 2017 I think Jacinda is passionate enough about these issues to give to a real go Quote Share this post Link to post Share on other sites More sharing options...
crustyngrizzly 1,682 Report post Posted September 20, 2017 Haven't heard a policy from Labour yet that doesn't include the words'''working group or review''' Surely after 9 years they can offer more than that. THE TORCH, ADM, GOM and 2 others 5 Quote Share this post Link to post Share on other sites More sharing options...
Trump 2,741 Report post Posted September 20, 2017 Really, my point is that changing a reasonably successful govt has more danger than building on an existing successful economic program. Regardless of who governs, the Racing Industry change has to come from within the Industry itself. The clean waterways can be achieved through people pressure. NZ'ers must demand it. Sat is going to be very interesting. TOM(the other Molloy) and Insider 2 Quote Share this post Link to post Share on other sites More sharing options...
Memphis2 1,078 Report post Posted September 20, 2017 Howard got the arse and he was reasonable successful Quote Share this post Link to post Share on other sites More sharing options...
tonkatime 323 Report post Posted September 20, 2017 33 minutes ago, chelseacol said: I bet they get at least 1 The reality is any third term govt gets picked apart. Labour were the same and they didn't fix health or housing or the unemployed or violence against children etc etc either Yep easy to promise the world with a vision but much harder to defend a track record especially a lengthy track record and a lot of positive things get forgotten. THE TORCH, Brown Fox and TOM(the other Molloy) 3 Quote Share this post Link to post Share on other sites More sharing options...
chevy86 2,681 Report post Posted September 20, 2017 38 minutes ago, Patiti said: passionate The most cliched word in our lexicon. Quote Share this post Link to post Share on other sites More sharing options...
slam dunk 1,317 Report post Posted September 20, 2017 The Key/English government although seemingly to be doing well is just an illusion. They have put NZ in a very vulnerable position which will mean more high value immigration to keep property prices up which in turn will degrade basic services for most others. Most economists predict a sharemarket and property crash originating from USA. For NZ it will be horrendous. Insider 1 Quote Share this post Link to post Share on other sites More sharing options...
chelseacol 2,488 Report post Posted September 20, 2017 38 minutes ago, slam dunk said: The Key/English government although seemingly to be doing well is just an illusion. They have put NZ in a very vulnerable position which will mean more high value immigration to keep property prices up which in turn will degrade basic services for most others. Most economists predict a sharemarket and property crash originating from USA. For NZ it will be horrendous. OK I will bite... can you explain the vulnerable position bit and how National have done that. And then justify the most economists bit ?? TOM(the other Molloy) and napier 2 Quote Share this post Link to post Share on other sites More sharing options...
TOM(the other Molloy) 1,774 Report post Posted September 20, 2017 1 hour ago, chelseacol said: OK I will bite... can you explain the vulnerable position bit and how National have done that. And then justify the most economists bit ?? Have a read of this. Hilarious and true Bob Jones NZ Herald 11 Sept 2012.pdf Gordy55 and Black Kirrama 2 Quote Share this post Link to post Share on other sites More sharing options...
slam dunk 1,317 Report post Posted September 20, 2017 1 hour ago, chelseacol said: OK I will bite... can you explain the vulnerable position bit and how National have done that. And then justify the most economists bit ?? "New Zealand housing market crash warning issued by international ratings agency Moody's"..... http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11837842 Quote Share this post Link to post Share on other sites More sharing options...
Ohokaman 5,759 Report post Posted September 20, 2017 37 minutes ago, slam dunk said: "New Zealand housing market crash warning issued by international ratings agency Moody's"..... http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11837842 A hell of a lot of things have to happen before this eventuates....it is full of provisos, "if this happens, if that happens."... While immigration remains high, and there is fuck all Taxcinda can do about Kiwis coming home, and the housing deficit remains at 13,000 plus in Auckland, there is no hope of any major falls. Quote Share this post Link to post Share on other sites More sharing options...
Ohokaman 5,759 Report post Posted September 20, 2017 45 minutes ago, TOM(the other Molloy) said: Have a read of this. Hilarious and true Bob Jones NZ Herald 11 Sept 2012.pdf Way over the heads of those dazzled by Taxcinda and her ilk Tom..... TOM(the other Molloy) 1 Quote Share this post Link to post Share on other sites More sharing options...
TOM(the other Molloy) 1,774 Report post Posted September 20, 2017 13 minutes ago, Ohokaman said: A hell of a lot of things have to happen before this eventuates....it is full of provisos, "if this happens, if that happens."... While immigration remains high, and there is fuck all Taxcinda can do about Kiwis coming home, and the housing deficit remains at 13,000 plus in Auckland, there is no hope of any major falls. What has had a major effect I reckon is the changes in LVR ratios. Now if you are borrowing for a rental/investment property you need a 40% deposit. That has suppressed demand very very noticeably hence those Block auctioneers the other night really having to work their butts off. Unless something disastrous happens like a massive Rangitoto eruption the Auckland housing market is not going to collapse - it is called supply and demand. Quote Share this post Link to post Share on other sites More sharing options...
Ohokaman 5,759 Report post Posted September 20, 2017 Gareth talks sense for once.....I'm afraid they might be though Gareth.... http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11924483 Quote Share this post Link to post Share on other sites More sharing options...
Turny 1,224 Report post Posted September 20, 2017 It is a trainwreck for one reason - if rates rise there will be out turn - it is that simple - income at 9 times cost will not sustain - basic economics TOM(the other Molloy) and slam dunk 2 Quote Share this post Link to post Share on other sites More sharing options...
chelseacol 2,488 Report post Posted September 20, 2017 3 hours ago, slam dunk said: "New Zealand housing market crash warning issued by international ratings agency Moody's"..... http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11837842 don't think that supports your most economists comment or connects it to National actions ...???? Comments of others etc here seem relevant Quote Share this post Link to post Share on other sites More sharing options...
ADM 225 Report post Posted September 20, 2017 The Reserve bank has been working very hard to try and crash proof the economy from the housing market, all banks now have to fund 80% of there lending from within NZ and the responsible lending practice is going to reduce the higher LVR / serviceability ratios as Auckland is out of control with lending up to 9 - 10 times income, this plus elections are slowing the markets. I see Tony Alexander the bnz economist has suggested that some real estate agents should start looking for jobs Quote Share this post Link to post Share on other sites More sharing options...
Tauhei Notts 1,403 Report post Posted September 20, 2017 National firmed from $2.20 to $1.72 on Betfair earlier today. TOM(the other Molloy) and napier 2 Quote Share this post Link to post Share on other sites More sharing options...
TOM(the other Molloy) 1,774 Report post Posted September 20, 2017 1 hour ago, ADM said: The Reserve bank has been working very hard to try and crash proof the economy from the housing market, all banks now have to fund 80% of there lending from within NZ and the responsible lending practice is going to reduce the higher LVR / serviceability ratios as Auckland is out of control with lending up to 9 - 10 times income, this plus elections are slowing the markets. I see Tony Alexander the bnz economist has suggested that some real estate agents should start looking for jobs Exactly. Just had the exact experience buying a rental. Being pissed off with my own bank thought I would shop around - these new LVR ratios saying banks can only lend 60% on investment/rental properties had me scurrying back to the incumbent financiers quite quick. That is what has cooled the housing market and as Turny said if interest rates rise..... Course a significant rise in interest rates will create havoc in the farming sector as well with their debt levels. This is going to be interesting Saturday. National cannot do it without Winnie from the looks so racing may at least get a Minister with some genuine affection for the game. Hopefully he has been schooled up on Glenda, Allen and co and can kick some butt. Not holding my breath though. Quote Share this post Link to post Share on other sites More sharing options...
Varro 244 Report post Posted September 20, 2017 16 hours ago, slam dunk said: The Key/English government although seemingly to be doing well is just an illusion. They have put NZ in a very vulnerable position which will mean more high value immigration to keep property prices up which in turn will degrade basic services for most others. Most economists predict a sharemarket and property crash originating from USA. For NZ it will be horrendous. You are a dead set plonker. Give me names of these economist that predict a pending crash in new Zealand? New Zealand is in the start of building boom, we are in desperate need of skilled migrants to sustain this area of growth. Yes you can argue national has been slow to react in certain areas however to say we are in a vulnerable position is shows how much of a gullible uninformed uneducated idiot you are. We are financially much more stable than Australia and one of the very few countries in the western world growing with the books running at surplus. Quote Share this post Link to post Share on other sites More sharing options...
scarecrow71 2 Report post Posted September 20, 2017 Yawn. Silly old men all twisted n torn. The election n politics is an illusion which allows the opportunity for the plebiscites to believe they have a voice which can summon change or for Tories a status quo which you believe is in your interests. Stick to the horses Quote Share this post Link to post Share on other sites More sharing options...