Economy
Unprecedented Attacks on Landlords
For reasons I have never been able to figure out, this government is determined to destroy private landlords, even though the outcome will be to make life even harder for renters. The latest measures for property investors are the most far-reaching ever. First of all, Grant Robertson has increased the
Labour Misses the Boat on Housing
I am writing this a few hours after Labour’s big announcement on measures to make houses more affordable. Jacinda naturally led the press conference before handing over to Megan Woods to talk about measures to dampen demand from evil investors. Grant finished off with the handouts to boost supply.
When the Worm Turns
Tova O’Brien has been the Prime Minister’s cheerleader for quite some time. That was until yesterday. Now she is accusing Jacinda Ardern of breaking promises, and has turned into a scold: Jacinda Ardern effectively introduced a capital gains tax (CGT) today, breaking one of the biggest promises of
Promise Breakers of the Day
National leader Judith Collins is accusing the Government of flat out lying to New Zealanders about the extension of the bright-line test. “They have lied to New Zealanders – New Zealanders just can’t trust what they are told by the Government,” she told media this morning. […] When asked by Newstalk
Divisive Package Will Hurt Those It Aims to Help
ACT Party ACT Housing spokesperson Brooke van Velden. “Today’s housing package is all about blaming Mum and Dad investors without properly acknowledging why they’ve invested in housing – lack of supply has driven up houses prices,” says ACT Housing spokesperson Brooke van Velden. “This is a Government failure, plain
Government All about Control and No Plan
What a difference some bad economic news makes. Earlier last week Scott Morrison was blaming our government for holding up the trans-Tasman bubble, saying if they don’t want Aussie tourists in Queenstown then Cairns will happily have them. This, as it was designed to do, raised the hackles of
Theatre of the Absurd
ACT Party What to make of the Government’s announcement of an announcement? After Cabinet yesterday, the Prime Minister told us when the much-anticipated Aussie Bubble will be announced, in nearly three weeks’ time on April 6th. It is what you’d expect from a leader whose main expertise is
Kiwis Want a Travel Bubble Now Prime Minister
National Party National Leader Judith Collins Yesterday, the Prime Minister had a chance to do the right thing and announce a date when the trans-Tasman safe travel bubble will be open. She chose not to. Instead, she announced that she will soon announce an announcement of a date. You just
Judith Collins – Action Needed on Bubble, Not More Announcements
New Zealanders are being let down by a Government that talks a lot about delivering a trans-Tasman bubble but keeps falling short, Leader of the Opposition Judith Collins says. “The time for excuses and delays is over. It’s time for action on the trans-Tasman bubble. “Our tourism sector has
The Dingo, the Baby, and New Zealand’s Housing Market
Simon Angelo Editor of Wealth Morning wealthmorning.com Simon is the Chief Executive Officer and Publisher at Wealth Morning. He has been investing in the markets since he was 17. He recently spent a couple of years working in the hedge-fund industry in Europe. Before this, he owned an award-winning
Ardern’s Luck Has Run Out
The ‘Covid Queen’ started her political career as the ‘Crisis Queen’, rising to international stardom on lucky breaks provided by the politically motivated exploitation of cyclical weather changes (initially named global warming then renamed climate change), the Christchurch killings and then the White Island eruption. All attracted global media attention.
Minister of Social Welfare Unaware She’s Paying Premium Rates
Housing the homeless is big business for the motel owners taking the risk of their property being trashed or small goods stolen along with their reputations when the public discover they might be sleeping next door to relatives and friends of gang members. But business savvy motel owners are making
GDP Decline a Wakeup Call for Government
Today’s GDP result is particularly disappointing because it appears the biggest contributor is the decline in the infrastructure sector, National’s Shadow Treasurer Andrew Bayly says. “According to Stats NZ 2.9 per cent is the largest annual fall ever in GDP for New Zealand. Construction activity has fallen