Thankfully mankind as a whole doesn't have that "things must stay the same" mentality or we'd still be living in caves.
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Thankfully mankind as a whole doesn't have that "things must stay the same" mentality or we'd still be living in caves.
About 2-3 years ago my business was talking at a highish level with NZPost about a new hi-tech, low cost service they could offer, which would have increased revenue. They were quite interested, but this idea never went ahead in any way except for a small trial, because the funding for such areas was removed. The NZPost business has not been investing enough in new areas -why would it- when the intention is to remove staff, not build up the business. They've been hobbled by the govt.
Can someone please point me to that TV story on a woman who has 8 children at her home, because I think that was two families crammed into one house. No, there is probably no breadwinner around, because there are so few manufacturing type jobs going.
The Labour insurance idea, this is for all the easy insurance, nothing too risky. I note they're not going to look at commercial buildings initially.
CJ, you mean that you are paying a higher percentage of income tax than some others. The vast majority will be paying a bigger percentage of GST, fuel excise, power and other excise taxes from their income. Many will have never seen capital gains in their lifetimes, and will have few investments. National Party policy is to keep the status quo in this cosy setup, otherwise why allow the LVR changes?Quote:
CJ: I couldn't even afford it and I am one of these lucky households paying the majority of the tax in NZ.
You may be right (I acknowledged in my post that the charter needs to be changed) but you dont keep the staff on if you cant support them.
From memory, from the exact same TV show you are talking about, the (Grand)mother had 8 kids most of those were at home, and one of the daughters had 3 kids with a combined 8 kids and 2 mothers in the one house (though technically 1 of the mothers was also one of the kids). I could be wrong on the amounts.
I bet I pay more GST than most families pay in GST and income tax (net of govt assistance) combined. Why - because most families pay negative income tax after WFF etc. On top of that I pay my income tax.I would support a CGT if it was also on the family home (with roll over relief). It just isn't worth it if you exempt that. It also isn't the magic bullet you think it is. Speculators are already caught under existing law - this needs to be enforced better but the IRD keeps getting more money to do so. Property investors" rarely sell so while there will be a CGT, it wont be for many years into the future, and they may defer that decision even further if they know they will lose some in tax.
LVR - forgot about that. It isn't a National policy and they were pi$$ed off with the RB for implementing it as they did. What National didn't do, but you/Labour want to do is pass special legislation to remove the independence of the RB - very scary!!! What I would like to have seen is the RB (it is their decision, not govt) is to implement a sliding scale so owners of only 1 house are allowed a higher LVR wheras those will multiple (incl looking through entities) would be allowed a reducing amount of LVR as they acquire more properties (eg. those with only 5 properties are only allowed a 50% LVR). I think this is done in Israel.
Good idea on LVR CJ. Why don't you suggest it to RB?
The number of people / children in the house was rather unclear, to me at least. There was no discussion of income coming in to the house, and very little about outgoings. Nothing about housing costs for example. So just a fluff piece really.
The woman interviewed did say that $100 a week was needed for bus fares and if not available the kids skipped school. Something seemed wrong about that - it's a lot of money for kids to get to school and back. I wondered at the time if the children were at local schools, or travelling further afield (and if so why).
It annoys me when journalists don't cover relevant questions. Don't they realise that they look like they are running an agenda?
It was even worse when they reported on the interview on the news later. Your right. Sloppy reporting on an important issue.
Notice that, almost invariably, the complainants are overweigh by a fair old margin and you never see a skinny kid. I was raised in an Irish village where everyone was poor and fat or overweight people didn't exist. But then neither did welfare.
I wondered this as well. I assume none are primary as they should be within walking distance (at least they are in my area). Intermediate and collage can be further away but shouldn't be more than 1 stage which is 90c each way with HOP, or $1.10 with cash which I assume they are paying if they are going week by week (unfortunate that the poor struggle to take advantage of discounts)
Free bus rides for kids to school. There's an election policy rather than more money straight to parents.