It isn’t irrelevant yet but certainly heading that way. However what about all the express packages they deliver? They have 70% share of the B2C package market & that’s only gaining volume vs traditional retail. Where would consumers be without their garbage Temu product from China… that Post deliver at a loss that is funded by all of us. Sorry but your buddy is clueless about nearly everything he throws out there. He’s a communist.
Politics 🗳️ NZ Politics
- Thread starter wizard of Tauranga
- Start date
I doubt he's a communist or extremist fanatic, probably just an average left leaning kiwi voter. Maybe he even likes Axl Rose's singing, I'd lose a lot of respect for him though.
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And we were doing so well
Interesting to see what people's views are on Nicola Willis considering allowing KiwiSaver withdraws to buy a farm similar to those allowing FHB's to withdraw money from the KS to buy their first house. ATM, is there a restriction on KS saying it can't be used to buy a farm with a house on it if it's also the buyers first home?
Should a share milker be able to use his KS to buy his first herd?
Or a mechanic to buy his tools or a garage?
Accountants are saying it should only be used to buy a property and not a business but what if a FHB wants to convert a room in the house into a hair saloon or a mechanic wants to do a side hassle tuning cars on the weekend? If I was a FHB, does that mean I wouldn't be able to run my business from home if I'd used KS as part of the deposit to buy it because I'm self employed and run my business from home? Does that mean anyone wanting to run a business out from their first home shouldn't be allowed to use their KS money?
Of course, it shouldn't be used to buy a commercial property, but I can't see any reason the first home access shouldn't be extended to farms (with the primary dwelling on that farm) like it is for everyone else.
That said, I personally don't think it should be accessed for plant, machinery, livestock for a farm.
I know a young couple who used their KS money (and a "loan" from the Bank of Mum and Dad) as a deposit to buy their first home (a KiwiBuild property in South Auckland). They lived there for five years and then used the equity they'd built up as the deposit for an apartment in a more desirable area. They've rented the first home out. When they've built up enough equity again, they'll rent out the apartment and move to their forever home. Their ultimate goal is to retire (they're both teachers) before they're 60 and live on the rent provided by what they hope will be four to five mortgage free rental properties.
Should a share milker be able to use his KS to buy his first herd?
Or a mechanic to buy his tools or a garage?
Accountants are saying it should only be used to buy a property and not a business but what if a FHB wants to convert a room in the house into a hair saloon or a mechanic wants to do a side hassle tuning cars on the weekend? If I was a FHB, does that mean I wouldn't be able to run my business from home if I'd used KS as part of the deposit to buy it because I'm self employed and run my business from home? Does that mean anyone wanting to run a business out from their first home shouldn't be allowed to use their KS money?
Of course, it shouldn't be used to buy a commercial property, but I can't see any reason the first home access shouldn't be extended to farms (with the primary dwelling on that farm) like it is for everyone else.
That said, I personally don't think it should be accessed for plant, machinery, livestock for a farm.
I know a young couple who used their KS money (and a "loan" from the Bank of Mum and Dad) as a deposit to buy their first home (a KiwiBuild property in South Auckland). They lived there for five years and then used the equity they'd built up as the deposit for an apartment in a more desirable area. They've rented the first home out. When they've built up enough equity again, they'll rent out the apartment and move to their forever home. Their ultimate goal is to retire (they're both teachers) before they're 60 and live on the rent provided by what they hope will be four to five mortgage free rental properties.
Apologies, I was grumpy last night, had to do dance pickup in heavy rain. I hereby recede my unfair comments from 14 hours earlier & reinstate my opinion of you as a centrist fighting the evil forces of the extreme right majority living in this country.
Left centrist
The mansion formerly owned by Eric Watson's old business partner, Mark Hotchin, has had its CV increased $14.5 mil to $72.5 million.
Put it another one.... if you won PowerBall tonight, you have just won $2.5 million more than the capital gain that property has made since the last rates review.
Or, to put it yet another one, the Top 10 valued properties in the last CV review are now worth an average of just under $43 million.... tonight's PowerBall draw will help you get a 40% deposit for the average of those properties.
www.oneroof.co.nz
Put it another one.... if you won PowerBall tonight, you have just won $2.5 million more than the capital gain that property has made since the last rates review.
Or, to put it yet another one, the Top 10 valued properties in the last CV review are now worth an average of just under $43 million.... tonight's PowerBall draw will help you get a 40% deposit for the average of those properties.
Auckland's new CVs: The city's most expensive houses - have they dropped in value?
How the new rating valuations will affect the top end of the housing market.
As someone who relies on rural delivery , I don't think my mail lady would be impressed if I started calling her Atlas
Big ups for the service that is provided
Right wingnut conspiracists. This will be fact free https://www.nzherald.co.nz/business...-been-interviewed/SMZTVAN2FNB65APXMR73ON4LR4/
Good point here: https://bsky.app/profile/sanjanah.bsky.social/post/3lrcfemawgs2h
Good point here: https://bsky.app/profile/sanjanah.bsky.social/post/3lrcfemawgs2h
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Classic Champagne socialist
View: https://x.com/actparty/status/1932655144866357287?s=46&t=N6rrXot3pBpvv2hdvhmStw
View: https://x.com/actparty/status/1932655144866357287?s=46&t=N6rrXot3pBpvv2hdvhmStw
i’m sure it won’t be any more full of shit than the one that’s just come out.
who even cares anyway? she sold us out and bounced.
let her live large with her botox and fat paycheques over there.
Only tge act voters. The far right. The super wealthy. The neolibs. Everyone else they destroy
Hopefully this bald fuck bounces too
Wouldn't surprise me although it's more likely to be a coup.
The guy is a nothing, stands for nothing and as far as I can see has no idea of reform or attempting to follow the mandate that the voters gave him. But, who to replace him with. Tough Gig.
Election year will be very interesting and I expect ACT and NZF will pick up a lot disgruntled Nat supporters.
If the Greens and TPM got their shit together and stopped coming out with weirdo and alienating policies they actually could into govt but at the moment they're a bit of a freak show. And the general public are wary of that.
The question then remains, will Hipkins get rolled before the election?
She’s got grey hair? Get your eyes checked if you don’t wear specs. I was talking about that piss weak Luxon
I still think Kieran McAnulty will take over from Hipkins, that’s been my view since the last election. I could see Chris Bishop being interested for national
I’m not a fan of any withdrawals personally
A withdrawal to buy a home just adds to demand, which, with a limited supply, results in a higher price
A withdrawal for genuine hardship or life threatening illness is another story
KiwiSaver is there for retirement. Allowing withdrawals for home ownership is just the government using a tool for super to fix a housing problem
Not a lot of talent anywhere in the house to be honest.
We are poorly served by our politicians but I guess you could say that going back 3000 years
- Thread starter
- #17,259
But it’s your own money not the governments. If you have a legitimate investment reason that you believe will be life changing then go for it.
Business, farms, property, etc
Remember there are still people that have opted out and have no KiwiSaver at all so worst case a failed investment would only return you to the same position as people that haven’t joined.
Super is a scam. Subsidising rent seekers while punishing people when they need capital the most.
