Ray White surfers has just finished a property expo in Hong kong. Lots of interest apparently.
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Ray White surfers has just finished a property expo in Hong kong. Lots of interest apparently.
You are being a bit disingenuous there EZ. You know full well that NZ Labour has proposed policies to introduce CGT and restrictions on immigration. They have clearly tied these policies to property demand and residential property valuation inflation.
Australia is proof that both policies have failed to stem increases in house prices to any measurable degree !
But how can you be sure that if these measures like CGT were not in place, that it would be the same? I argue it would be worse. Labour's homebuild policy will do a lot more for the economy, and provide a lot of lower priced houses where they are needed.
Meanwhile it's tough in the provinces, some of them anyway. Just started reading "Inequality, A New Zealand Crisis".
More waking up to a fragile manufacturing sector.
http://www.stuff.co.nz/business/farm...export-baskets
Meanwhile - Statistics NZ said on Thursday that New Zealand's gross domestic product grew by 1 per cent over the March quarter and by 3.3 per cent over the March year.
"New Zealand is still rocking. More here. Real stats not Labour Bloggers theories or excuses.
That happens by good management, not luck. Thank Goodness for National.:)
Iceman
Interested in your observation that we have in effect a Social Democrat government now. Now of course JK would retort that he is just being pragmatic, as, the argument goes, a number of policies which are expensive are in effect embedded and that politicians tamper with them at their peril. Notwithstanding this it raises some potentially difficult issues for the government.
Will we see more assertive push back from influential National Party members who may not be happy with having a default Social Democratic government, especially if they perceive this third term is their only chance to roll back some of the large expensive policies, i.e WFF, 20 hours Free early child care, extensions to paid parental leave. etc etc. Will they find it more difficult to raise funds from previously generous benefactors who may want to see much more of their policy implemented for their support than just "National in power and keeping Labour out". I could be wrong, but I see some serious behind the scenes difficulties arising trying to reconcile John Keys " pragmatism" (i.e. I do whatever it takes and spend whatever it takes to stay in power and cement my legacy). All fine when an economy is expanding and government revenues increasing but when the current economic expansion stagnates and then reverses, as all cycles do, the gloves will come off and they may find that many of Nationals influential supporters with deep pockets may all of a sudden have short arms.
I doubt it. They haven't reacted in the last six years.
A bit of background about the IPSOS polls. Labour needs to show voters that they are a real option. Labour campaigners know that already.
http://www.thepoliticalscientist.org...fairfax-polls/
Iceman, last I heard there is no proof of a donation to Labour by Liu anywhere near that size. On the day Mr Liu mentions, no fundraising was carried out. Surely if $100k was paid over for one bottle of wine, there would have been some memory of the event. Entire fundraisers for Labour don't raise that kind of money. It wasn't a National party event, after all.
But here's the cunning plan. Real or not, here we are blogging about it. Crosby-Textor and National are flinging mud to see if any of it sticks. That's all, but it's a dirty trick.