Of course - always did. And I'm sure you'll believe me when I say the minister of speeches, aka Bill Fraser, was the most useless MP ever; perhaps with the exception of Brian MacDonell. BTW, I was there too. Might have been sitting beside you.
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Every liklihood it was a walnut tree. Rats love walnuts, also rats retrieve food and take it back to the nest rather than eating on site, hence the hole through the middle of rat blocks to secure them. Could never figure out how I could find a nest of ten or twelve eggs out on the hill, remove ten and come back to check the next day only to find the other two destroyed by rats. Nests on a steep bank over a driveway did not suffer the same fate. Worked it out that rats follow human scent every time and find the nest on the ground. Following the scent down the driveway confused them because the nest was up five or six feet on the bank and they didn't find it. Conservation staff probably cause much of the destruction of native ground dwellers because they leave the human scent trail that means food to rats. Now back to politics.
That there is no magic bullet is a simple truth - no country or nation in the world has ever achieved equality for all. only equality of opportunity. And in this fair land, where we are argueably better off than most of the world, there is equality of opportunity but. There are those who reach out and grab every opportunity with enthusiasm and there are those who can't be bothered getting out of bed in the morning. "Rats in a barrel" some will fight their way to the top and some will smother.
Not correct. Plenty of economists disagree. NZ's experience with Rowling's spec tax pointed to the opposite effect - prices skyrocketing by a slower market. (People not selling)
Here is one opinion.
http://www.odt.co.nz/news/business/3...l-lurks-detail
Whatever the merits of CGT lowering house prices is not one of them.
I think it is but more around the middle 50% (who can vote either way) than the bottom 25% (who will vote for handouts from the left). National has made a clear move to the centre to try to get these voters. These voters are workers and I dont think $300 reduction in power prices will do it when power prices increased at twice the rate under Labour as they have under National.
Yes but Economists say it would slow house price inflation due to slower economic growth, which also impacts on wage growth. It isn't as simple as Labour suggests.
But belg, the US GDP for Q1 suffered a significant revision when the third estimate was released on Thursday night (NZT). The annualised decline was put at 2.9% over the quarter, down from an already-revised 1% contraction at the previous estimate. It was the biggest revision since 1976 and worst quarterly outcome for growth since early 2009.
Fragile recoveries and central bankers committed to loose monetary policy in the major economies of the World make NZ’s position stand out big time. Growth here is nearing 4% and the RBNZ’s interest rate hikes stick out like a sore thumb compared to most other central banks. In such an environment, NZ looks very attractive to international capital, so it is no surprise that the NZD continues to trade near all-time highs. Other countries are envious of us - right now. John Key deserves at least some credit even from non-National voters for that belg & you know it.
The other factor providing support to the NZD is of course demand for NZ’s exports. The positives here certainly outweigh the negatives, despite the headwind of a strong dollar, NZ continues to record some strong trade surpluses on the back of Chinese commodity demand. And the silver lining of a strong currency is that it serves to keep down the cost of imported goods, materials and equipment. That reduces inflationary pressure and the amount of heavy lifting the RBNZ has to do via the OCR. The poor and Labour fan-boys win here too belg - thanks to National.
Don't forget NZ has just posted a seventh monthly trade surplus in May. The country had a trade surplus of $285 million in May, from $498 million in April and $40 million a year earlier & that's straight from Statistics New Zealand. Also, the annual trade balance turned to a surplus of $1.37 billion from a deficit of $901 million a year earlier. The trade figures lagged expectations for a monthly surplus of $300 million and an annual surplus of $1.43 billion in a Reuters poll of economists.
Demand for primary products from an expanding and wealthier Chinese economy has spurred demand for New Zealand exports. China held its position as New Zealand's top trading partner, with annual two-way trade between the nations exceeding $20 billion for the first time - wow $20 billion, ahead of the government's 2015 target. We, "New Zealand" as a country are going great guns which of course is bad news if you support the opposition & that's what we see from the likes of belg, EZ and co.
NZ is doing great belg, but you will always go looking for the negatives out of a positive and will always find it (your version anyway). New Zealand is doing great and if the poor, useless and unemployed want a piece of it, they can - but there lies the problem - they are too bloody lazy to help themselves. Labour's plan for them as always is to control them by making them used to handouts, dumbify them even more (if that is possible) and be their voice of anger to show them that they(Labour) are their voice of reason - come on man ... wake up. With Labour polling under 30% constantly these days I think some of them have.
Agree with your first point. The young and the poor are less likely to vote. National agrues the missing million are also national voters as they saw reduced voting in their safe seats - without seeing the data, I assume that is because there is no point voting for anyone else in a safe seat (people still dont understand MMP).
I cant quote anyone on that comment but it was what I heard at an (bank) economists briefing. He agreed CGT would slow house prices but that's just because it would take the top off the growth they expect over the next few years (alot of which is based on Chch which will be more short lived than people expect).
That article is actual a very good summary of a lot of the issues that need to be considered.
The CGT wont impact house prices, but it will impact the economy which will impact house prices.
My view of CGT is that is probalby more hassle than it is worth but if it does go ahead, it should be designed properly and with no exemption (but roll over relief) for the family home.
What about other exemptions currently in Labour's policy. Such as some small businesses (but only some), boats, high value art and antiques? What say the art is a Rothko valued at tens of millions? It would almost certainly be considered an investment as much as say Xero shares. (OK maybe more so right now.) Once exemptions are allowed, it is a slippery slope.