Politics 🗳️ NZ Politics

[dean]

NZ wont accept it. Majority believe the bottom quintile deserve the same QoL as the top.

We are all heading toward the bottom here as we get dragged down. Fools paradise.

 

[MrFrankWhite]

We are all heading toward the bottom here as we get dragged down. Fools paradise.

We are on the precipice here in Aus. Hopefully Albo and Bowen have shit the bed enough, everyone is starting to question the smell.

Between renewable energy and the NDIS we are on the hook for 1 trillion over 10years. Absolute madness.

 

[Teets]

I don't mind the Aussie approach with rebates for private.

But I currently contribute to both public via my taxes and private via premiums and I'm fine with that status quo as well.

 

[tyrael]

That is the issue, we don't have the $$$$$, so the current system will go backwards.

What if we had cgt, made pot legal and tax it, don't give landlords tax breaks beyond first 2 houses... I'm sure there are other things

 

[Canonball]

The rising cost of services like health, which has jumped from costing about $20 billion in the 2020/21 year to nearly $30b (about $6000 per citizen) in the current year despite long wait times and lower services.

It’s expected Seymour will question whether Kiwis should have the option to give up their right to the public healthcare system and take their $6000 for their own private insurance.

That $30k for my 5 person family would get us a lot of private health insurance ($10k for full cover for my family? with $20k left over?). Makes you question WTF the health system has been doing, even if you believe in public healthcare.

I wouldn't bank on getting that $30k back to re-invest ... doesn't really work like that unfortunately

 

[wizard of Tauranga]

I wouldn't bank on getting that $30k back to re-invest ... doesn't really work like that unfortunately

What if we had cgt, made pot legal and tax it, don't give landlords tax breaks beyond first 2 houses... I'm sure there are other things

I wouldn’t bank on getting much more with a CGT either.

We increase the tax rate by a huge percentage in 6 years with nothing to show for it so why would another lump sum in tax take make any difference.

Seems the big tax grab actually just damaged the real economy.

 

[Inruin]

I wouldn’t bank on getting much more with a CGT either.

We increase the tax rate by a huge percentage in 6 years with nothing to show for it so why would another lump sum in tax take make any difference.

Seems the big tax grab actually just damaged the real economy.

It seems to me that there is enough money for the government to spend but it's just not being spent enough on the right things and when it is, not efficiently enough

 

[MrFrankWhite]

It seems to me that there is enough money for the government to spend but it's just not being spent enough on the right things and when it is, not efficiently enough

The Australian energy crisis is about to blow up. But it’s basically the same thing. More expenditure, worse results. Same cause, complete incompetence from elected officials.

 

[wizard of Tauranga]

‘New Zealand’s economy suffered the biggest hit in the world in 2024, HSBC says’


Thanks reserve bank… when is the governor going to be replaced!

NZ's economy took 'developed world's biggest hit'

Country's GDP is forecast to grow by 1.8% in 2025 after a 0.5% drop in 2024.

www.nzherald.co.nz

 

[MrFrankWhite]

They’ve found that whale song spend. $4m

Taxpayer money spent on Kauri tree research using whale song and whale-oil potions - Chris Lynch Media

Taxpayer money has been spent on a research project that used methods such as whale song and whale-oil potions to...

www.chrislynchmedia.com

 

[Inruin]

They’ve found that whale song spend. $4m

Taxpayer money spent on Kauri tree research using whale song and whale-oil potions - Chris Lynch Media

Taxpayer money has been spent on a research project that used methods such as whale song and whale-oil potions to...

www.chrislynchmedia.com

Should just get some Alexa Echo's set up in the forests.

Hey Aunty, play whale sounds.

 

[Damo]

They’ve found that whale song spend. $4m

Taxpayer money spent on Kauri tree research using whale song and whale-oil potions - Chris Lynch Media

Taxpayer money has been spent on a research project that used methods such as whale song and whale-oil potions to...

www.chrislynchmedia.com

It also says the bulk of the $4m was spent on seed banking protocols and collection, but that doesn't make as good a headline as the whale song stuff.

 

[MrFrankWhite]

It also says the bulk of the $4m was spent on seed banking protocols and collection, but that doesn't make as good a headline as the whale song stuff.

I missed that part, although the next paragraph is also telling

James Ross said “we’ve asked for a breakdown of costs from Landcare Research and been denied – without seeing the invoices on this, it’s anyone’s guess where that money’s ended up.”

Pretty easy to say without have to back it up.

This topic is doing the rounds on X in the last 24hrs so posted in relevance. Definitely needs more transparency

 

[Damo]

This topic is doing the rounds on X in the last 24hrs so posted in relevance. Definitely needs more transparency

Just like a lot of things tbf. At least this is no longer being funded at all now!

 

[MrFrankWhite]

I think we need to do a slash and burn Argentina style asap. People in Australia and NZ are so blinded by government handouts that any sort of budget balancing is seen as theft.

 

[MrFrankWhite]

Dutton suggested claimable lunch expense for SME to stimulate growth here in Australia and the lefties were screaming that the taxpayers will be funding execs.

They have already forgone tax collection and treat private capital as government funds.

 

[Damo]

This gave me a giggle

 

[MaybeTop8]

‘New Zealand’s economy suffered the biggest hit in the world in 2024, HSBC says’


Thanks reserve bank… when is the governor going to be replaced!

NZ's economy took 'developed world's biggest hit'

Country's GDP is forecast to grow by 1.8% in 2025 after a 0.5% drop in 2024.

www.nzherald.co.nz

Thanks this coalition. Take the blinkers off mate. They have conducted a war on the poor for the last year as well as austerity at the wrong time.

 

[wizard of Tauranga]

Thanks this coalition. Take the blinkers off mate. They have conducted a war on the poor for the last year as well as austerity at the wrong time.

Well, I didn’t want to make it political but since you took the bait, the IMF predicted all this prior to the 2023 election, which we discussed about at length in this thread:

International Monetary Fund, in its latest Regional Economic Outlook, predicts that next year the New Zealand economy will have the second-lowest growth of the 159 nations it surveys

So Labour stuffed the economy, and prior to the election a reputable international external authorities predicted this year exactly correctly…

And now people with their head in the sand are trying to rewrite history and blame National. Looks like some of us have their eyes wide open, keep up and know exactly what’s happening before it happens and some others are blinkered and bewildered about why things happen and lash out at the easiest target because they just don’t understand

 

[Bay39er]

Well, I didn’t want to make it political but since you took the bait, the IMF predicted all this prior to the 2023 election, which we discussed about at length in this thread:

So Labour stuffed the economy, and prior to the election a reputable international external authorities predicted this year exactly correctly…

And now people with their head in the sand are trying to rewrite history and blame National. Looks like some of us have their eyes wide open, keep up and know exactly what’s happening before it happens and some others are blinkered and bewildered about why things happen and lash out at the easiest target because they just don’t understand

But they got the forecast wrong - how does anyone place any credence in what these folk say?