Politics 🗳️ NZ Politics

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📝 Summary:

The thread centers on New Zealand's upcoming election, primarily debating the economic management and policy differences between the center-left Labour government and center-right National/ACT opposition. Key criticisms target Labour's fiscal stewardship, citing ballooning government expenditure #7#272, housing unaffordability, and unfulfilled promises like KiwiBuild and dental care expansion #16#12. A user #7 highlighted Labour's annual 9% spending growth versus 1.5% under previous governments, arguing this fueled inflation. National's tax-cut policy faced scrutiny over funding gaps and legality, with user #215 questioning Luxon's reliance on "trust me" assurances.
Leadership competence emerged as a critical theme, particularly in later posts. Luxon drew heavy criticism after a contentious interview where he struggled to defend policy details #194#199#211, while Willis faced backlash for her economic credentials. Hipkins garnered fleeting praise for articulation but was ultimately seen as representing poor governmental outcomes #45#119. A trusted user #308 presented expert economic analysis contradicting Treasury optimism. Infrastructure issues—like Wellington's water crisis and the dental school staffing shortage—were cited as examples of systemic mismanagement #235#12. Notable policy debates included road-user charges for EVs #220, immigration impacts on rents #299, and coalition scenarios involving NZ First #182#258. Early fringe discussions on candidates' rugby allegiances gave way to substantive policy critiques, culminating in grim Treasury forecasts discussed in posts #271#304#308. User #168 also revealed concerns about Labour rushing regulatory changes to entrench policies pre-election.

🏷️ Tags:

Economic Policies, Housing Crisis, Leadership Competence

📊 Data Source: Based on ALL posts in thread (total: 10000 posts) | ⏱️ Total Generation Time: 20s
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Lol. The new associated health minister lied, she's not getting the sack.... Hipkins throwing barbs in question time isn't going to cause him to resign.
Do you support baseless allegations that are purely designed as a dirty politics smear campaign?

Does Labour have Cam Slater advising them now?

I don’t think anyone likes that sort of dirty politics and it will backfire on Hipkins if he can’t back it up…
 

NZWarriors.com

The books are bad - but keeping stupid legislation that makes the economy worse still needs fixing. And it’s not a tax cut, it’s the ability to claim a legitimate expense.

It’s like a drug addict saying we can’t go clean because it’s going to have short term bad consequences… CUT OUT THE FAILED EXPERIMENT.

No other country denies interest deductibility, it wasn’t supported by treasury or IRD and it has resulted in the predicted huge rental increases. It’s wrong and dud policy.
Interest deductibility was still available on new builds, it was a worthy policy to encourage increase in housing stock rather than investors trading in existing housing stock, inflating prices.
 
Interest deductibility was still available on new builds, it was a worthy policy to encourage increase in housing stock rather than investors trading in existing housing stock, inflating prices.
Did it work… 🤣

Housing developers are currently going bankrupt left right and centre and new build sales have collapsed.

I do support increasing new builds but Labour just didn’t have a clue how to achieve it.
 
Did it work… 🤣

Housing developers are currently going bankrupt left right and centre and new build sales have collapsed.
Biggest increase in house building since the 60s, if i remember correctly. So yes it did work. The RBNZ has been doing all it can to fuck the construction sector and the whole economy for the past 13-14 months.
 
Biggest increase in house building since the 60s, if i remember correctly. So yes i did work. The RBNZ has been doing all it can to fuck the construction sector and the whole economy for the past 13-14 months.
2 years ago BEFORE the interest deductibility came in there was a surge in new builds. It’s not fully implemented yet and the housing market has already stalled because rentals are uneconomic.

In tinkering to fix it, they killed the market.
 
2 years ago BEFORE the interest deductibility came in there was a surge in new builds. It’s not fully implemented yet and the housing market has already stalled because rentals are uneconomic.

In tinkering to fix it, they killed the market.
New Interest deductibility rules were announced in 2021.
I don't agree that the new(ish) tax rules were a good long term plan - but I think they were right for that moment in time. They should have been set for a review in ~5years.
Just so happens that they were kicked out in 3.
 
New Interest deductibility rules were announced in 2021.
I don't agree that the new(ish) tax rules were a good long term plan - but I think they were right for that moment in time. They should have been set for a review in ~5years.
Just so happens that they were kicked out in 3.
Honestly it was an ill thought out reaction to not getting the capital gains tax thorough. A capital gains tax would have been better. I understand the logic of trying to get a cut of housing profits but this doesn’t allow relief for housing loses like a capital gains tax would.

There’s a saying all businesses thrive when times are good but the bad ones are exposed when times are tough.

You can load taxes on when times are good but this has failed and crippled the market when the economy slowed down. You simply cant bring in taxes that make a business uneconomic and unviable.
 
Glad the new government is pushing back against this entitled view from the māori elite.

‘The claimants argued by failing to engage with Māori on an issue that would lead to the loss of Māori lives, the government was failing to meet its obligations under Te Tiriti o Waitangi.’

No, it was decided by a democratic election and it impacts all NZers, not just māori.

 
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