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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If you take out the govt subsidy, then you are just left with a copayment between an employer and employee to a quarantined account to be accessed upon turning 65

You may as well just negotiate with your employer when joining the “co-pay” into a managed investment fund, as there really is no upside for you personally to have the govt lock up your access to these funds

However, I look at it from the lens of - if it wasn’t there, I wouldn’t be saving for my retirement
 
MaybeTop8 said:
No surprises this government is deliberately underfunding core institutions


View: https://bsky.app/profile/nzheretic.bsky.social/post/3lrcfony6ok2u
Click to expand...

To be fair, Orr was hopeless. If you feel the economy is rooted, look no further than the man who, while inflation was out of control, was off lecturing the world’s reserve banks that he was a kauri tree, and then had the gall to say he couldn’t do his job with a smaller budget

NZs economy is better off without him
 
defensivebomb said:
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
Click to expand...
First home ownership is a great initiative - especially when paired with the support previous government provided.
Incentivising home ownership and housing security is only a good thing given the way society is going.

Limiting KS to those two life milestones of first home ownership and retirement seems really solid policy I would think.
 
MaybeTop8 said:
And here's some much needed information on the author of the far right sponsored "unofficial" ardern biography. I'll expect the usual postings.

Bluesky

bsky.app bsky.app
Click to expand...
Lots of posts about a biography no one cares about and isn’t even done yet. This must be a Sun Tzu's case of prentice attacking something you greatly fear…

Ardern was divisive, incompetent, a PR expert but not much else. She left us broke and with the worst recession in 30 years and in Labour ministers own words was unelectable in 2023.

Don’t need a book to tell us what we already know.
 
MaybeTop8 said:
No surprises this government is deliberately underfunding core institutions
Click to expand...
Core institutions are taking the piss. The govt is taking the advice of Treasury and INCREASING their funding by 21%, just not giving them the overfunding they want. Glad your not finance minister or we would be broke!

“The Reserve Banks…. Fulltime equivalent staff numbers increased from 255 in the 2017/18 year to 660 in January this year.

No, this isn’t a manufactured crisis, the reserve bank has been hopeless.

 
Latest Taxpayer Union poll is good news for Labour who would have more seats in Parliament than National but the left parties would only have 60 seats compared to the right.

All this shows is that the next election will be really close.
 
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