Littletramp 381 Report post Posted October 26, 2017 On 10/25/2017 at 4:53 PM, hesi said: I think Labour are bringing in free dental care for over 80's Just another piece of "toothless" legislation? Quote Share this post Link to post Share on other sites More sharing options...
TOM(the other Molloy) 1,774 Report post Posted October 26, 2017 50 minutes ago, crustyngrizzly said: Obviously i am not well educated so if possible could you put that into words that a 2nd year fifth former can digest easily.Thank you. Essentially those agreements like the China one say that if someone else gets a benefit in an FTA with NZ then the Chinese one will be amended so they get the same benefit . Basically if the South Koreans have the right to buy land here then the Chinese do as well. If it is right it will be a bloody minefield. I am no fan of outsiders being able to buy land here myself but hey they (Labour) signed the FTA with them. Even if they are successful the real losers here will be Aucklanders with demand for houses there being very much dampened by this move. So if I am sitting there having just paid $1.5m for my shack in Jaffaland I am not going to be too impressed(and neither is the bank!) when its market value drops to $1.1m because there is no demand from foreign buyers. Throw in the 10c extra I am paying for my gas and I would be getting a bit grumpy with Teethcinda and Winnie. That is a massive gamble to potentially alienate a hell of a lot of voters in Auckland. No wonder Auckland was basically the only NZ City to vote en masse for the Nats. And even those who have owned their houses for a day or two and seen their wealth explode are not going to be too happy to see (1) their worth decimated and (2) the prospect of capital gains on any profit they do make when the working party delivers the inevitable recommendations. It is all right for us in a place like the West Coast because (1) there are few if any foreign buyers and (2)capital gains, if any, are very modest. Our primary producers, Farmers, Fishermen, Miners and Tourist operators might not be so happy if China places trade sanctions in retaliation to the rules being amended however. crustyngrizzly and gary1 2 Quote Share this post Link to post Share on other sites More sharing options...
TOM(the other Molloy) 1,774 Report post Posted October 26, 2017 Actually there is a similar deal in most of those Maori settlements. If (say)Tainui get a better deal on something than Ngai Tahu did then the Government has to top up the Ngai Tahu settlement. Ngai Tahu have been back the trough more than once I am sure. Makes me sick to be fair but I guess it is pretty easy to be generous when it is not your own money you are spending(and both sides of the political spectrum have done it so it is not just one faction). Not that I have anything against Ngai Tahu or whoever - they just drove a hard bargain and the government of the day rolled over. crustyngrizzly 1 Quote Share this post Link to post Share on other sites More sharing options...
gary1 361 Report post Posted October 26, 2017 1 hour ago, hesi said: Part of an article by Hamish Rutherford, Sept 2017 "Daniel Kalderimis, a partner law firm Chapman Tripp said renegotiating the South Korean trade deal would, in effect, take care of the issue. Kalderimis said the Korean FTA applied a non-discrimination rule to investors before they made an investment. China's FTA did not have such a clause, but because of the most favoured nation clause, Chinese investors have the same rights as those from South Korea. If New Zealand renegotiated the South Korean deal "such that there was no preferential treatment, so we basically said, 'you can't invest either', then if Koreans were on that basis treated the same as Chinese investors, then I would agree, there's no problem [with China]," Kalderimis said." hesi is it going to stop the chinese buying new homes TOM(the other Molloy) 1 Quote Share this post Link to post Share on other sites More sharing options...
crustyngrizzly 1,681 Report post Posted October 26, 2017 Just read an article written by Stephen Franks that implies that Chinese investors must be treated in the same manner as Australian investors. If thats correct then troubled times may lay ahead. Article was written in 2013 and was based on what the Labour was saying then and what the FTA signed by Goff said. TOM(the other Molloy) 1 Quote Share this post Link to post Share on other sites More sharing options...
Trump 2,741 Report post Posted October 27, 2017 They make promises knowing that laws or rules prevent them from keeping their promises. So they promise the moon and the stupid star gazing voters believe them. They have an easy out - the FTA doesn't allow us to ban them sorry folks, but thanks for the votes suckers! Quote Share this post Link to post Share on other sites More sharing options...
Trump 2,741 Report post Posted October 27, 2017 And who cares anyway? Quote Share this post Link to post Share on other sites More sharing options...
Trump 2,741 Report post Posted October 27, 2017 Housing will be cheaper and more affordable. Yeah right! Usually when recession hits, asset prices drop! At least they will be able to claim they achieved one of their goals ! I think it's called "Voodoo Economics" or something similar. I hope it all works out but I fear the Maverick will be a spoiler. Quote Share this post Link to post Share on other sites More sharing options...
Leggy 4,005 Report post Posted October 27, 2017 9 minutes ago, hesi said: The policy says to direct the Police to respect the spirit of the laws passed to assist racing, whatever discretion that may provide or mean, not obstruct the Police, not instruct racing clubs to break the law That's about as much use as the rest of the policy. Direct the Police, IRD and Treasury to obey the law? Seriously? What kind of policy is that? Quote Share this post Link to post Share on other sites More sharing options...
TOM(the other Molloy) 1,774 Report post Posted October 27, 2017 1 hour ago, Trump said: They make promises knowing that laws or rules prevent them from keeping their promises. So they promise the moon and the stupid star gazing voters believe them. They have an easy out - the FTA doesn't allow us to ban them sorry folks, but thanks for the votes suckers! Exactly. They should be had up for false pretences given that they know they are promising what they cannot deliver. Half the voters will have backed Winston on the basis of him stopping foreign ownership while all the way he knew he would not be capable of carrying it out. Still Winston has a proven track record of being economical with the truth. Quote Share this post Link to post Share on other sites More sharing options...
crustyngrizzly 1,681 Report post Posted October 27, 2017 5 minutes ago, hesi said: I see even hard core right wingers like Mathew Hooton and bless his blue underpants Mike Hosking are starting to say this might just be a good Government. Time for some of the old right wing dinosaurs on this site to open their very parochial eyes and leave the hysterics out They may just turn out alright but to be fair they have been in power for about 24hrs so i would say they are having bob each way. Based on rhetoric they should do well however the proof will be in the pudding. Quote Share this post Link to post Share on other sites More sharing options...
Ohokaman 5,759 Report post Posted October 27, 2017 1 hour ago, Trump said: Housing will be cheaper and more affordable. Yeah right! Usually when recession hits, asset prices drop! At least they will be able to claim they achieved one of their goals ! I think it's called "Voodoo Economics" or something similar. I hope it all works out but I fear the Maverick will be a spoiler. Here's a "Claytons" interview if ever there was one.....did she actually say anything.....? https://f.tlcollect.com/fr2/617/23717/Lifestyle_Views_Article_1.doc Quote Share this post Link to post Share on other sites More sharing options...
TOM(the other Molloy) 1,774 Report post Posted October 27, 2017 Promising what they cannot deliver all right. Winston's bottom line - he would lead the entry into Pike River. Today's Greymouth paper Andrew Little(Minister for Pike River) saying 'he might become privy to information from Solid Energy which will mean it is impossible to re-enter'. It has started already after only 24 hours. barryb 1 Quote Share this post Link to post Share on other sites More sharing options...
Insider 3,874 Report post Posted October 27, 2017 5 hours ago, Littletramp said: Just another piece of "toothless" legislation? Aimed at Crustyngrizzly and he's still not happy! Quote Share this post Link to post Share on other sites More sharing options...
Insider 3,874 Report post Posted October 27, 2017 2 hours ago, hesi said: I see even hard core right wingers like Mathew Hooton and bless his blue underpants Mike Hosking are starting to say this might just be a good Government. Time for some of the old right wing dinosaurs on this site to open their very parochial eyes and leave the hysterics out Agree 100%. Sadly, there's not much chance of that happening as it's very hard to chance a lifetime of habits. Take me for example, look at all the marriages I had. Turny and Grego 2 Quote Share this post Link to post Share on other sites More sharing options...
chevy86 2,680 Report post Posted October 27, 2017 17 minutes ago, Insider said: Take me for example, look at all the marriages I had. But no doubt you clipped the ticket big-time on the way out! Just like Winnie. Insider and Brown Fox 1 1 Quote Share this post Link to post Share on other sites More sharing options...
gary1 361 Report post Posted October 27, 2017 6 hours ago, gary1 said: hesi is it going to stop the chinese buying new homes hesi its alright having debate but you going to answer my question Quote Share this post Link to post Share on other sites More sharing options...
gary1 361 Report post Posted October 27, 2017 11 hours ago, hesi said: Sorry, you took me by surprise, actually posting yourself, instead of just putting 'likes' on every right whinger post. The Chinese will find a way around it probably, so they are not listed as the overseas buyer, much in the same way, according to the stats only 3% of property is purchased by overseas buyers the question was will they be still allowed to buy new homes Quote Share this post Link to post Share on other sites More sharing options...
gary1 361 Report post Posted October 27, 2017 1 hour ago, hesi said: Hopefully not, unless they are NZ citizens or residents, that is the intent of making the changes, to try and reduce the demand from speculative investment wrong they are not allowed to buy existing properties same as aust i wonder hesi if the chinese bought say 50 acres of land to develop and build would the govt negotiate to buy houses from them as they have said they would from other developers Quote Share this post Link to post Share on other sites More sharing options...
barryb 2,062 Report post Posted October 27, 2017 Leave him Gaz, he has Kmart & Pak n Save shopping to do with his benefit this morning. Hes had all week, but like a lot of Bene's they love getting in the way of hard working folk who only have Saturday to get to the shops. gary1 1 Quote Share this post Link to post Share on other sites More sharing options...
barryb 2,062 Report post Posted October 28, 2017 Factual posting is never gutter posting Hesi. I see you are back from the shops, enjoy your $1 e/w punting this arvo. gary1 1 Quote Share this post Link to post Share on other sites More sharing options...
scooby3051 10,693 Report post Posted October 28, 2017 Except you of course. Quote Share this post Link to post Share on other sites More sharing options...
crustyngrizzly 1,681 Report post Posted October 29, 2017 Jacinda already backing away from her hard line on foreign buyers. In fact Robertson and Parker are said to be looking at ways of blocking foreign ownership. After 9 years on the back benches this should already have been known. Poor effort. Quote Share this post Link to post Share on other sites More sharing options...
chevy86 2,680 Report post Posted February 13, 2018 On 10/27/2017 at 5:12 PM, poundforpound said: And his churlish response to English's retirement today confirms what a twisted runt he is. Let's check again in 12 months on his "saviour or racing" status. Quote Share this post Link to post Share on other sites More sharing options...
chevy86 2,680 Report post Posted February 20, 2018 See he has scored another large overpayment (Ardern also along for the ride) and once again an administrative error. Hope they were the ones that called it. Repaid apparently but maybe they need to stop filling in the paperwork in te reo. Quote Share this post Link to post Share on other sites More sharing options...