I have no opinion about that - but it's inclusion doesn't invalidate answers to questions asked before it.
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Isn't it great to be 'rich' off of often unrealised housing gains....with the cost of petrol, food, consumer goods, interest rates, council rates all on the rise NZ's 'rich' but heavily indebted home owners are now stuck between an rock and a hard place. Since the 'Ardern Put' - the declaration that house prices cannot / must not fall as that is not what Kiwi's expect - came into being, the pressures mounting in the economy have increased exponentially. The 'Big Lie' proffered by the government for political purposes is that the housing market is still affordable for first home buyers, and Adern's government (in concert with the pliant Reserve Bank governor) the have used all sorts of tricks such as deposit grants and easy credit to vault first home buyers onto the housing ladder. Thus a 'subprime' situation has been created in NZ whereby people on modest incomes have paid too much for property and will soon be buried under mounting costs. "Thanks for nothing Jacinda" should be the correct response.
https://www.stuff.co.nz/national/pol...ge-home-mooted
Auckland Council budget out for consultation, 6% rate rise for average home mooted
Todd Niall
19:35, Feb 08 2022
Auckland councillors have launched public consultation on an annual budget which is likely to bring a targeted rate for climate action, as well as boost total rates bills for an average value home by around 6 per cent.
While the average general rates rise is proposed at 3.5 per cent, a combination of changes and the new Climate Action Targeted Rate (CATR), equivalent to 2.4 per cent, will increase the annual bill by more.
https://www.stuff.co.nz/business/127...ing-so-quickly
Petrol has topped $3 a litre but why are prices rising so quickly?
Esther Taunton
05:00, Feb 09 2022
New Zealanders are used to seeing petrol prices head north, but the speed of recent increases has been enough to make even the most level head spin.
Fuel prices hit record highs at the weekend, with several stations across Auckland advertising unleaded 95 fuel for more than $3 a litre and 98 octane costing as much as $3.07 a litre at one site on Saturday.
Prices in Wellington and Christchurch were also approaching the $3 mark, with some coming as close as $2.99 for 95 octane.
https://www.nzherald.co.nz/nz/new-au...7PVTRG6DCUTLQ/
New Auckland valuations: The poor get richer and pay the price
8 Feb, 2022 05:00 AM
The latest Auckland Council valuations have a nasty downside for lower income families, many of whom face a rate rise of more than 10 per cent from July.
Good morning Britain occassionally has former labour members co-hosting the whole show.
https://www.youtube.com/watch?v=gG0XotsXWx0
Sky news australia has ex-"Liberal" politicians with their own segments.
All we hear from the NZ media are stories about MIQ non-issues and coverage of protests.
https://www.stuff.co.nz/business/127...surance-scheme
ACC already recruiting head for Income Insurance Scheme
Tom Pullar-Strecker
13:36, Feb 09 2022
ACC has started seeking candidates to head the Government’s Income Insurance Scheme despite the ink barely being dry on a discussion document describing it as a proposal.
Public consultations on the compulsory unemployment insurance scheme kicked off last Wednesday and the deadline for submissions does not close until April 26.
One of the questions on which the Ministry of Business, Innovation and Employment (MBIE) is seeking input is whether the scheme should be run by ACC or whether it would be “better delivered by a government department or a new entity”.
The public is also being asked the more fundamental question of whether they agree New Zealand should introduce an income insurance scheme covering the loss of work due to health conditions or disabilities.
But ACC’s advertisement for a full-time “executive lead” for the scheme states that the successful candidate will be accountable for ensuring the scheme is in place by December next year if it progresses.
You haven't noticed the weeks of hammering of the govt in all main media about MIQ & RAT's?
Commentators are remarking on how strong general support must be for the govt to get a rise in the latest poll despite the constant hammering its taking in the media.
Media has been Luxon's best friend.
There was this one yesterday.
https://www.roymorgan.com/findings/8...2-202202072332
Polls are but a point in time - the trend is more important.
There is a clear trend that Cindy is past her prime.
Dreamer nothing but a dreamer ;). The above will actually consolidate our government getting back in with a majority enhanced.Safe hands at the tiller guiding us through. Shudder to think what the death rate would be had National/Act been at the controls.
Why does the Roy Morgan poll get no media coverage yet the Reid Research poll got blanket media coverage????
This latest New Zealand Roy Morgan Poll on voting intention was conducted by telephone – both landline and mobile – with a New Zealand-wide cross-section of 951 electors during January. Electors were asked: “If a New Zealand Election were held today which party would receive your party vote?” Of all electors surveyed 7%, up 1% points, did not name a party.
Several polling firms have conducted opinion polls during the term of the 53rd New Zealand Parliament (2020–present) for the next New Zealand general election. The two regular polls are the quarterly polls produced by Television New Zealand (1 News) conducted by Kantar Public (formerly known as Colmar Brunton), and monthly polls by Roy Morgan Research, with less frequent polls from Discovery New Zealand (Newshub) conducted by Reid Research. The sample size, margin of error and confidence interval of each poll varies by organisation and date.
https://www.newstalkzb.co.nz/on-air/...they-speak-up/
A keen supporter of Labour policies, Sir Ian Taylor, takes on the arrogance and incompetence of Cindy’s government by going public time & again.
Cindy behaving exactly like Muldoon - power corrupts and absolute power corrupts absolutely.
A party that doesn't oppose every single utterance from the govt, will acheive a level of credibility. Opposing is a skill - and jumping up to rubbish everything as soon as the speaker is finished is predictable and silly. Better to agree ocasionally and find the right spots to wade in with a knock-out blow.
Both parties are all-in on the 'Great New Zealand Housing Ponzi'. I'll be interested to see the choice that now gets made between saving the over-leveraged - including many recent first home buyers - or allowing inflation to rampage. And it was all going so well for Labour until inflation (inevitably) showed up.
Amazing that if you go to the 'kiwibuild' website there are zero available homes. The page on the 'Mountview Green' development was last updated on 15 December 2021, and the page on the 'Cessna Place' development was last updated on 4 October 2021. An effective opposition would be hammering Megan Woods every day on this kind of thing.
They do seem to be far too timid at question time. Why aren't they hammering Labour for the absolute waste of $51 million paid out for a cycle bridge that will never be built? What about the $1 Billion annual bill for consultants and contractors? No opportunity to attack? Maybe they believe the '9 years of neglect' stuff themselves(?) Or maybe they can't attack Labour because they essentially have the same plan: run a giant property ponzi scheme & hope for the best.
Bring back Whinney is a nightmare, not an idea.
Winnie sold us this country down the river in 2017.
If Act raised the idea of going with labour they could actually get more from National than some tiny achievements.
inAct = as ineffective as the greens.
If the Greens were sensible and went back to being an environmental party as originally planned for it, they could wield significant power if open to working with Labour or National. Instead they place themselves far left and focus on social issues and have absolutely zero power or influence.
Minimum wage going to $21.50
But did Woods have to come out and say such things to make the 'poorly' paid feel important
“With the arrival of Omicron, we are once again calling on many of our frontline workers – such as cleaners, supermarket workers, and security guards – to keep the country running as the virus spreads and cases begin to increase. I think everyone agrees those contributing so much to our Covid response deserve a pay rise.
https://www.stuff.co.nz/business/300...o-rise-to-2120
So true. Where is the environment focused party of today?
It is probably more important today than ever, as none of the other main parties appear to be doing anything about the biggest threat to our world, for all life on the planet. I would have thought there would be votes to be had here.
The greens have gone full on Maori separatism and socialism.
We're at risk of becoming like America if we don't start seeing real terms increases:
https://www.epi.org/publication/labo...-minimum-wage/
Their wage hasn't increased in real terms since 1970...
A real uplift ($22/hr or more this year) would see NZ exceed Australias basic wages for the first time in a long time (for the lower end).
Indeed .. some can't see beyond their nose, or next month :)
Perhaps reducing the size of the notes & coins accordingly may help a few comprehend the real effects ? ;)
Have Treasury announced when they will be releasing the new post-Covid "Robertson Gold Standard" vastly reduced
in size so all the boys & girls can fit more of them in their pockets ? ;)
The new reduced editions will presumably keep all happily amused until they discover that a pocketful doesn't
go any further, most likely less distance than the former did before the downsized redesign,
especially after Robertson's Tax Scoopers Dept swoop in for a share at higher marginal rates ;)
South korea has great productivity "in theory" but their median wage is only slightly above our minimum.
Hopefully making labour more expensive will encourage investment into training, machines and with less migration needed to simply keep the lights on.
Poor Cindy - gone are the days when accolades rained down on her. Just another 1 trick pony (or is it horse?):
https://www.nzherald.co.nz/business/...HV2WRWFZI7AVM/
New Zealand's focus on Covid suppression through closed borders has created the impression that Ardern is incapable of moving the country forward.
No corona deaths and strong economy is good (albiet without wage growth due to lack of worker bargaining power).
Well it might have been a disaster under the alternative with many deaths, combined with a mediocre economy .
Great Economy alright - Hefty rising Rents, House prices spiralling, Building Materials as scarce as Hen's Teeth,
Interest rates climbing out of Govt's Inflationary policies that none of the nimbies spared a thought for,
Covid running rapid in communities nationwide, Businesses & Employers left on their own through
this, The Homeless instantly abandoned, Gangs & Drugs running amuck, Grant, Cindy and the
rest of the muppets should be proud of the right mess they have landed us in, having failed on
just about every initiative, security they cast their eyes on leaving behind a trail of carnage,
Artificial Debt, inflated costs etc ;)
If it's such a Strong Economy, then why has BUsiness Confidence headed towards the gutter in
recent days - along with confidence in Adern's Leadership (sorry Spinning) ? ;)
Mediocre at best (and that's being very generously kind) is what may be expected to be seen after the trail of carnage courtesy of the current incompetent mob is done - none will be worthy of remembering
for anything of value - with so much splattered on a wall with very little of significance to carry
forward to show for their terms of spinning ;)
Robbo / Labour are even plotting to sell your Kiwibank .. again ;)
Are they short of readies (or hasn't that come out yet) ? ;)
When will Robbo come out and tell all that Labour aren't able to do FREE LUNCHES any more ? ;)
Perhaps there isn't enough left in kitty to pay the Fat Lady to sing and Pianist for the job, before
the announcement was due to be made ? ;)
Rents = NO (Dumb Govt initiatives producing opposite result)
House Prices = NO (How many Returnees Labour got back in NZ now?)
Interest Rates = NO (look at Govt's Large Money Creation Scheme)
Fuel = NO (Hiked by Labour's Fuel Add-on's, ignoring Fuel Security ; Exploration Policies)
Did these clowns not learn that if the Money Supply is doubled for the same amount of Goods
out there - then all you get is INFLATION and very unhappy campers ? ;)
Perhaps Robbo should have asked his Father about Rapid Money Creation Schemes
and Other Peoples' Money ? ;)
What happens when the Burger Flipper on the new Min Wage finds in another 3 months
that the increase on 1 April leaves her even further in the cart as the Cost of Living
Rents, Fuel, etc etc bound away in leaps and bounds some more, as they will ? ;)
Will next time be Blame Labour ? Blame her Employer ? or Phone a TV Reporter
to have another whine ? :)
Yes Global issues ... But in Little old NZ we have some insane Housing Costs Vs low wage economy ..that really relied on International Tourism to balance the the books ... and now with Housing in bubble territory ...profit margin pressures on Construction from inflation in costs hard t source labour ... many Construction firms will hit the wall ...Aussie banks will pull back on easy funding .. domino effects....
We have had one hell of a great party .... but at some point it must come to an end ...then the HANGOVER
Here is a very good article from Keith Woodford that is a good read to anyone, particularly people that think the NZ economy is humming away (Panda take note), despite the near total destruction of thepre-pandemic $17B tourism industry and the hospitality industry being brought to it's knees, as well as the huge restraints on others from endless border lockdowns:
"Unfortunately, there are very big storm clouds that are now coming over the horizon. The storm forces are created by large and increasing deficits on New Zealand’s current account. A current account deficit means that New Zealand is not paying its way with the rest of the world.
These growing deficits are not sustainable. The problem is that in an open economy, current-account deficits have to be balanced by inflows of capital. These current account deficits with the rest of the world are very different to internal deficits that can be funded through money creation."
https://www.interest.co.nz/public-po...-consideration
The NZD was higher under National (due to NZ being turned into a financial asset for wall street).
Farmers are making lots of money today esp combined with the high commodity prices.
Best try to see things for what they were - things were probably doing a whole lot better back then,
the economy was more solid / robust with a heap more international confidence before the current Mob
one way and another started playing and tipped it out on the nearest wall ;)
'A financial asset for Wall street'....lol. More meaningless cliches from Panda, couldn't you have worked 'neoliberal in there as well? What about 'Donkey' and a mention of the 'flag referendum'?
Labour have buried first home buyers under a mountain of debt due to record high house prices, and the winners will be Australian banks and their shareholders. It's a river of money flowing offshore and out of our economy; people who are spending most of their income paying off houses have less money for discretionary spending, particularly as the cost of almost everything essential is rising: fuel, food, power.
So I guess Cindy's big legacy will be a mere 'crisis' which morped into a Housing Catastrophe, and the undying gratitude of the fat cats at the Aussie banks.
"The NZD was higher under National": yes, and that meant we could pay for oil and consumer goods with money that had some purchasing power. The NZD will continue to fall off a cliff under Labour, and we will see the pitchforks come out as people are paying mind boggling prices at the pump.
Look Sunshine - we all understand that some missions are an impossible task even for Specs Savers ;)
but it looks like the Parrot might have contracted something far worse :)
Would you be one of the loyal few by chance, who would hold position while dear Leader talks the
vessel down to the murky muddy bottom ? ;)
I am certainly left wing (of course for some posters here that means anything to the left of Attilla the Hun) - but I reckon that the current govt is doing well in terms of it's balancing act so far.
Death rate tiny, record job creation, back in surplus in a couple of years, building consents at record levels, plans to open up after the Omicron wave has crested.
When I see us progressing at pace down the path to perdition that pessimists percieve (yeah right - got carried away) - I will join your chorus of doom.
Mahuta tells New Zealanders to get out of Ukraine.
But don't come back to NZ, you are not welcome! Not allowed.
What a blo*dy sick joke
"be kind & inclusive" remember.....
Tousands of new Public Sevice positions created, Building industry stalled going nowhere, Accomodation,
Rentals & Property all at ATH's crisis, No fuel supply security, with waves of inflated values flowing in
compounded by all the new brainless Labour regional levies, Covid & Omicron waves running amuck
out of failed Govt attempts to halt it ; no Govt measures to insulate Business or Jobs in what could
be the worst and deepening waves coming.. no wonder there is discontent around
The current mob it seems don't have a clue and are that far from reality that they
may as well be on a meteor in deep space twiddling their thumbs..
Where are their morals now - if they had any in the first place ? :)
It may just take a mere two months for reality to sink in with some, while the economy
slides further down the toilet after chapters of such Govt incompetence ;)
Let's see how the balance looks in just a month or two's time as more jobs, businesses
and lives are allowed by the current mob to slide over the edge as they attempt to
fudge and clumsily blunder forward (that is those onboard not absent, asleep
under their pews or away busy eating someone elses' lunch trying to dream up
some slightly positive spin to cover the deteriorating situation) ;)
Remember - the revised Operative appears to be 'Forget Kindness' now replaced by -
'You're all on your own during the next Chapters - hopefully you make to the other
side' ;)
The Speaker of the House (Mallard) illustrates the extent of kindness by turning the sprinklers
on those out in the cold - but it doesn't stop there Govt have left all Kiwi's out in the
cold for the next upcoming round. Right or wrong ? ;)
(all done in the same manner as the Homeless were unceremoniously dumped on by the
top Office to never warrant another thought or mention. Subsequently - we can add new home
buyers waiting & just in to the list, those awaiting on the list for any sort of accommodation.
Landlords, Property Owners - is there any that this Govt haven't dumped on aside from
themselves and a few on their selective favoured lists for some preferential ? )
http://www.rnz.co.nz/news/national/4...ve-immediately
Mahuta says Kiwi's, leave Ukraine.
Just don't ask to come home to NZ, your not welcome.
"be kind & inclusive", remember.
Can't understand why she's not over at the Ukranian / Russian border right now
rather than dithering around in Welly on the Who can / Who can't Bull----- ;)
Couldn't arrange a fast transport plane & parachute in time ? ;)
or would dropping her in for a cup of tea and a little chin wag with the Ruskies
have damaged / frightened the local fauna + wildlife too much ? ;)
Labour’s housing catastrophe continues to get worse.
‘The Ministry of Housing and Urban developments public housing quarterly report stated that as of September 2021, demand for housing had risen by 15 per cent.
Of those 92 per cent were ‘priority A’, meaning they were considered high risk and had severe and persistent housing needs that needed to be addressed immediately.
Across the central region, there were 1457 applicants on the housing register, and in New Zealand there were over 25,000 people waiting for permanent housing.‘
Becoming clearer and clearer that Cindy is but a one trick show pony :
https://images.squarespace-cdn.com/c...g?format=2500w
National never got let off the hook like that by you Lefty lot after the GFC. All central banks pushed interest rates to the floor, yet there was Comrade Cindy and the Labour mob shrieking in parliament about a 'Housing Crisis' with the left wing media also leading the chorus. Yet since 2017 we have seen prices sky-rocket to undreamt of levels: currently $1.52 million is the average for a house in Auckland. 25,000 people in the queue for housing - many of them colonising motels all across NZ.
Parliamentary House Moron makes an * of himself again:
https://www.nzherald.co.nz/nz/politi...NPMDAWZOQU2HA/
could it termed engaging with the crowd or jammed in Neutral / 'I don't know what to do" ? :)
This clown is a real asset to Labour, any Government which has lost it's way + credibility and
whoever else has to tolerate his antics, when he's made unemployed hopefully next year ;)
Who is importing tens of thousands of returnees ? Where are they being housed ?
Who has been FAIL FAIL FAIL on Housing initiatives ?
Who hasn't being watching the Ball on the lengthening Building Supplies delays ?
Who has FAILED on Rental Accomodation demands & growing queues ?
Who tried to blame the associated market demands FALSELY on Rental Property
Owners providing solutions to this ?
Who thought they could control the Market by imposing Criteria limiting sales
Taxing within Brightline periods ?
Who made it harder for New Home Seekers to be able to borrow to get into
new or existing Homes ?
Pray do tell us exactly who the Bunch of Blind Idiots responsible for this are - if you dare ? ;)
So you're not prepared to name the Bunch of Idiots responsible for matters
in the preceding post you replied to - rather try to post on something else ?
Too difficult ? Too obvious or too damning ?
Or Guilty as Charged ?
Add back all the Tens of thousands of extra Public Servants seconded into Govt Employment Villages
around Welly & the country to fudge the figures - why dont you ? ;)
Probably a further raft of exceptions to the list to cover NOT UNEMPLOYED status as per
last time and the time before :)
Didn't someone say that hospitality and tourism were destroyed though.. so which is it?
The most transparent & accountable government as promised by Cindy in action:
https://www.stuff.co.nz/national/300...earn-this-week
Panda still cockling on about an unemployment rate of 3% when he knows there are vast hordes who have been pushed across to the jobseeker benefit.
Labour's need to massage any and all stats to make themselves look good is now coming back to bite. Because according to the doctored official numbers there is absolutely no reason for the Reserve Bank not to go 'hard and early' on some big OCR hikes.
Gone from 147,500 in December 2019 to 188,000 in December 2021. This represents 6% of the 18-64 yo population. This happens despite thousands of foreign workers having left the country in that period and most industries desperately looking for staff. Oh, but they shouldn't be included in the unemployment stats !! They should be kicked of benefits and into available jobs pronto.
Social housing waiting list. September 2017 5,844; December 2021 - 25,525.
Certainly looks like a housing crisis for many of those households. Since there are thousands of rental vacancies advertised every day, perhaps they are too risky to be accepted as tenants under the recent rules from the government.
https://www.stuff.co.nz/national/pol...-in-wellington
Thanks for the FREE Entertainment - Trev :)
What's on the Playlist for tonight ?
The Gardens around Parliament wont need watering again for a while
unless you want to bring your mates out for a paddle in the puddles
and muddles :)
Isn't Sunday a day off for even the most clueless of Politicians ? --
Morons in high places got to sleep sometime ahead of another
rowdy week mostly asleep (under) rather than in the Speaker bench ;)
Perhaps a bit of 1812 at high volume needed from outside to wake the sleeping
little darling Speaker up in a huge hurry ? ;)