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  1. #4091
    Advanced Member
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    Jul 2000
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    Masterton, , NZ.
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    Quote Originally Posted by Daytr View Post
    Agreed, however there are a swathe of people that have got pretty wealthy at least in NZ terms based on the current structure and they are unwilling to rock the boat.
    Neo-liberalism for the last 40 years has basically been about underfunding Governments and enriching the already wealthy with privatization, keeping wages suppressed and not taxing the massive capital gains. The wage suppression thing became a bit unstuck in recent years, however I suggest we will be back to the status quo under this coalition Government.
    Trickle down theory- trouble is it’s just that - a theory not a reality.

  2. #4092
    Guru
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    Feb 2020
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    Nelson
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    It works for those who it is intended to work for ..

  3. #4093
    Legend
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    Aug 2012
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    5,240

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    This government should be prioritising policies to help redirect some of the over-investment in real estate into keeping NZ companies capitalised and owned and listed in NZ. Perhaps KiwiSaver contributions directed to a local NZ fund invested in NZ could be rebated against income tax. Pension funds in other countries tend to have a rebate scheme and home country bias.

    ‘However it won’t be done as the vested interests lie overwhelmingly with existing real estate owners and keeping the increasing prices/constrained supply for the demand dynamic alive.

  4. #4094
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    Feb 2020
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    Nelson
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    There's reasons to be disillusioned with the capability of management locally -> FBU, RYM, AIR etc

    If we invest in better companies overseas that could more than offset foreign ownership issues. Then do what you like on the regulation side to improve minimum wages, employment standards, employer contributions for kiwisaver to match the Australian rate and make them pay for it.

    In a recession the USD would decrease which offers more protection.
    Last edited by Panda-NZ-; Today at 05:50 PM.

  5. #4095
    Legend Balance's Avatar
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    Feb 2003
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    22,424

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    Quote Originally Posted by Bjauck View Post
    This government should be prioritising policies to help redirect some of the over-investment in real estate into keeping NZ companies capitalised and owned and listed in NZ. Perhaps KiwiSaver contributions directed to a local NZ fund invested in NZ could be rebated against income tax. Pension funds in other countries tend to have a rebate scheme and home country bias.

    ‘However it won’t be done as the vested interests lie overwhelmingly with existing real estate owners and keeping the increasing prices/constrained supply for the demand dynamic alive.
    Do what Singapore does with public housing - problem solved.

    Simple.

  6. #4096
    Legend Balance's Avatar
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    Feb 2003
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    Quote Originally Posted by dobby41 View Post
    Do you have any idea on how many welfare recipients are actually in the "parasites and losers who choose to be on welfare as a lifestyle choice" category?

    I agree that one is one to many but is the solution worse than the problem? A sledge hammer to crack a walnut!
    Do you?

    And why is using a traffic light system to require beneficiaries to live up to certain requirements and responsibilities a sledge hammer? Are beneficiaries so priviledged and entitled now in wokeland that they are untouchables?

    Fxxk that for a bloody joke.

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