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# A Political Snapshot
- URL: https://goodoil.news/a-political-snapshot/
- Published: 2019-07-09T00:30:30.000Z
- Updated: 2019-07-09T00:30:30.000Z
- Author: Juana Atkins
- Tags: NZ, Politics, #wp, #wp-post, #Import 2024-07-17 04:14

After the cabinet reshuffle, we learned that the **waiting list for state homes had risen to 11,655 which is the highest it has been for at least a decade.** The record highest number was reached back in 2004 when it went to 12,195.

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> The statistics released by the Ministry of Housing and Urban Development showed an increasing number of individuals and families wanting homes **despite the government adding 1780 new places** during the past year and an intensive building programme that is delivering state houses at a much faster rate than the previous government.

Of course it doesn’t matter how fast they build them when their anti-landlord policies are rapidly removing private rentals from the market faster than they can replace them.

> Justice Minister Andrew Little made headlines twice this week for different reasons – he was stopped and handed a trespass notice and was outraged by Google giving him the brush-off over its breach of a suppression order.

It’s quite funny really how both Andrew Little and Jacinda Ardern think that they have the power to control the internet and massive corporations like Facebook and Google.

> Settlement negotiations are caught in a tangled web of hapu disagreement over mandate authority which Mr Little is trying to untangle. He described the protest as **“an act of lunacy by a lunatic”**. Police are investigating.

What tact, what diplomacy…I guess there is a good reason why he is known as Angry Andy.

> Prime Minister Jacinda Ardern and Minister for Children Tracey Martin were embroiled in the controversy over the attempted removal of a Maori baby by Oranga Tamariki

> \[…\] Ms Ardern’s admission that she hadn’t watched the video was **said to have shocked** **Maori**   **leaders.**

> \[…\] Finance Minister Grant Robertson was sufficiently concerned about the fight between the Reserve Bank and the four main retail banks over increased capital holdings to issue a statement **appealing to them to listen to each other.**

> \[…\] The big banks don’t like that and have been pushing back hard – ANZ in particular. It has hinted at reviewing the scale of its New Zealand operations if the proposal goes ahead.

> \[…\] Reserve Bank governor Adrian Orr believes the banks need more capital to be safe in the event of another catastrophe like the Global Financial Crisis, and he isn’t backing down.

> “The government of New Zealand put in a $133 billion guarantee, almost overnight, to hold the banks,” he said. “The Reserve Bank cut interest rates by 575 basis points, we had a wholesale lending guarantee of $10 billion and the bank itself had to buy $8 billion of debt off the banks to provide them with liquidity just to survive.”  
>  
> [RNZ](https://www.rnz.co.nz/news/political/393750/week-in-politics-parliament-in-recess-but-there-s-plenty-of-action?ref=goodoil.news)

  
So to sum up…

- The waiting list for state homes has risen despite the government adding 1780 new places
- Justice Minister Andrew Little has been treated badly and ignored
- Prime Minister Jacinda Ardern and Minister for Children Tracey Martin were embroiled in a controversy
- Finance Minister Grant Robertson begged the banks to play nicely with each other
- Reserve Bank governor Adrian Orr has said that the banks need more capital to be safe even though the government has already put in a $133 billion guarantee