Politics 🗳️ NZ Politics

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You still waiting on an answer for that?
Nah he highlighted some story as proof however the numbers from a bunch of different sources are all over the place & some reference things like NZ house prices defying gravity & continuing to rapidly increase, think that might have been from Credit Suisse who never fail to underwhelm on every bit of analysis I’ve seen from them. Other sources have Aussie net wealth at 3x NZ. Anyway I’ll say it again, we aren’t 4th for net household wealth globally… and as you point out our economy isn’t similar in size to the UK!
 
I can't see him going with any iteration of the māori party. He could go with Labour IF Hipkins steps aside before the election. I think Winnie actually has a bit of a soft spot for Luxon though.
Wouldn’t need the Moari party with labour and greens. Nobody saw that coming in 2017 either
 
Nope prices are down by plenty in the last 3 years and that’s nominal - take inflation into account & they’ve cratered (which by the way ruins the bullshit household wealth stats)
Also ruins the CGT idea. Governments will be owing us huge money for the capital losses.

THAT will be the argument against a CGT.

Either they pay for the losses which hammers govt income during recessions or they tax the gains and don’t pay out on losses which is just fundamentally unfair.
 
Found an article

Key said there needed to be more realism about what visitors pay overseas, reflecting on his own experience spending five months of the year out of the country.

“We own a house in Maui [Hawaii], okay. Two years ago, our rates bill ... was US$14,000.

“This year I got our rates bill. It’s $114,000. By the way, that is on top of the US$60,000 we pay for council taxes.

“So when people tell me, ‘Oh, by the way, the Government set the [international visitor levy] fee at $100 Kiwi’ -- God, you’d be lucky to get a latte in bloody Maui for $100 Kiwi.”The Post
 
Not NZ politics but….

… I saw Sir J Key on a news article the other day talking about rate rises and he referenced the rates on his Maui property.

I can’t recall which years he quoted but think it was the last 2 years - in the first year his rates were $US14,000 and in the next year $US114,000!
Maybe paying for the rebuild of Lahaina? We were staying near there a year ago & it was incredible the devastation of that fire, an entire town virtually wiped out.
 
Saying it doesn’t make it so unfortunately and not seeing any evidence to support that. Bullshit like Willis tries to spin about people being negative is because people are really struggling and little relief is being provided
Seek job adds up 6% in September, port import volumes bouncing last few months, courier volumes increasing after 3 years of declines. I’m not just saying it, things are beginning to recover, but not all at once obviously.
 
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