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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 9:01 am 
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Tamati would make an excellent PM tbf

Genuinely likeable bloke and would cover multiple demographics, tad bit naive tho


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 9:06 am 
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brat wrote:

In the meantime we have to put up with an inept government and leader who will probably announce her wedding plans (or another pregnancy) in a pre next election stunt whilst the numpties that voted for ‘let’s do this’ rubbish don’t realise that their lives aren’t improving as promised and are more interested in the exclusive woman’s day baby / wedding stories

Jesus, you're handling Labour being in power worse than Grouch when National was in power.


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 9:08 am 
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maxbox wrote:
Tamati would make an excellent PM tbf

Genuinely likeable bloke and would cover multiple demographics, tad bit naive tho

yeah that TV personality/Politician cross-over thing is creepy


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 9:11 am 
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How is it creepy?


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 9:21 am 
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Brabus wrote:
guy smiley wrote:
but but but...

we were told the polling..

Winston was dead,

Jacinda's coalition was dead.

It was written. This was said.


At 2.9 you don't think Winston is dead? NZF have an awful lot of work to do to stay alive, not pissing off their base would be a start...


If NZ first cant get back into parliament with a $3b slush fund...


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 9:26 am 
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Fat Old Git wrote:
Well, what a strange turn this thread has taken re a possible CGT. It seems if you question it you're a greedy rich prick, and if you don't you're a communist. In a strange kind of reverse parody of the Trump thread's "winding up the Libtards" it seems that the best reason for it so far is because it will wind up the greedy conservatives.

So, in an effort to bring it back on track, can I ask the following questions?

1, What would we like a CGT to actually achieve, beside sticking it to the "rich"?
- Encourage investment in more productive sectors of the economy?
- Help make the housing market more affordable?
- redistribute tax so that multiple property owners pay more (upon sale), and everyone pays less via their income tax


I've added a third answer to your question. But it's your second answer that's probably the most important though.


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 9:28 am 
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maxbox wrote:
How is it creepy?

Hes like a spokes puppet for the left, have you never seen him on that moving out show, terrible dull mediocre drivel = creepy


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 9:29 am 
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Hate to burst peoples balloons, but the poll last February had Labour on 48%, Nats 43%

Till the next one

First one after the holidays. Every body happy etc


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 9:34 am 
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Dark wrote:
Hate to burst peoples balloons, but the poll last February had Labour on 48%, Nats 43%

Till the next one

First one after the holidays. Every body happy etc


Was that TV1? According to the Newshub story this is the first time the TV3 one has had Labour ahead.


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 9:36 am 
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Wilderbeast wrote:
Brabus wrote:
guy smiley wrote:
but but but...

we were told the polling..

Winston was dead,

Jacinda's coalition was dead.

It was written. This was said.


At 2.9 you don't think Winston is dead? NZF have an awful lot of work to do to stay alive, not pissing off their base would be a start...


If NZ first cant get back into parliament with a $3b slush fund...


EggZackory. NZF, in my opinion have lost their base. Winston has gone against his xenophobic base. They can (and are) trying to buy votes up north. As a strategy however it is pretty poor when you isolate a large portion of your voters. Hence 2.9%, talk about a "Hail Mary".


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 9:39 am 
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Maniototo Man wrote:
Dark wrote:
Hate to burst peoples balloons, but the poll last February had Labour on 48%, Nats 43%

Till the next one

First one after the holidays. Every body happy etc


Was that TV1? According to the Newshub story this is the first time the TV3 one has had Labour ahead.


Yeah

Exactly the same period.

Seems more time of year to me than something amazing. Given Labour have only been ahead in them 3 times before after the election.

https://en.wikipedia.org/wiki/Opinion_p ... dual_polls

And NZF and the Greens were pretty much the same


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 9:44 am 
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One thing is for sure

This will be the final blow to sour the Winston Ardern/Labour relationship more than ever.

Bye bye any chance of a CGT or labour reforms


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 9:48 am 
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Dark wrote:
Maniototo Man wrote:
Dark wrote:
Hate to burst peoples balloons, but the poll last February had Labour on 48%, Nats 43%

Till the next one

First one after the holidays. Every body happy etc


Was that TV1? According to the Newshub story this is the first time the TV3 one has had Labour ahead.


Yeah

Exactly the same period.

Seems more time of year to me than something amazing. Given Labour have only been ahead in them 3 times before after the election.

https://en.wikipedia.org/wiki/Opinion_p ... dual_polls

And NZF and the Greens were pretty much the same


Could be. But after all the shit the Guvmint's been attracting lately, with Kiwibuild and striking Drs etc, I really expected to see the polls go the other way.

There must be a TV1 poll due soon so it will be interesting to see how that compares.


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 10:06 am 
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BillW wrote:
guy smiley wrote:
I know it’s ToR, it’s that I was alluding to really, in light of recent suggestions regarding the fleecing of the privileged.

Good name for a beer festival, that... Fleece the Privilege.

Talking of privilege.
Your wages in West Australian mining would put you in the top 5% of the worlds earners.
The present minimum wage places New Zealand as the third highest in the world after Australia and Luxemburg as far as I can gather.
https://en.wikipedia.org/wiki/List_of_m ... by_country

So what are we trying to achieve?

I'm not against CGT in principle but it is just another administrative nightmare.
Just another boil on the arse of the productive sector.

A solution looking for a problem.


I tends to agree. If you're going to have it don't do it half arsed - include the family home. As soon as you make exceptions it gets complicated and you create a lucrative new opportunity for the tax accountants.

Of course a CGT on the family home would be political suicide.

It appears it may not be redistributive enough to make all the trouble worth it.

https://www.stuff.co.nz/business/109818642/capital-gains-tax--what-we-know-about-how-it-would-work


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 10:35 am 
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brat wrote:
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12202581

Why on earth would you build these ridiculous 'houses' in wanaka of all places

Completely idiotic government


Because Central Otago has a dire shortage of non-tourism housing in the right places and more than enough top end housing.


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 10:36 am 
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Ted. wrote:
brat wrote:
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12202581

Why on earth would you build these ridiculous 'houses' in wanaka of all places

Completely idiotic government


Because Central Otago has a dire shortage of non-tourism housing in the right places and more than enough top end housing.



Then why does no one want them?


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 10:49 am 
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Maniototo Man wrote:
BillW wrote:
guy smiley wrote:
I know it’s ToR, it’s that I was alluding to really, in light of recent suggestions regarding the fleecing of the privileged.

Good name for a beer festival, that... Fleece the Privilege.

Talking of privilege.
Your wages in West Australian mining would put you in the top 5% of the worlds earners.
The present minimum wage places New Zealand as the third highest in the world after Australia and Luxemburg as far as I can gather.
https://en.wikipedia.org/wiki/List_of_m ... by_country

So what are we trying to achieve?

I'm not against CGT in principle but it is just another administrative nightmare.
Just another boil on the arse of the productive sector.

A solution looking for a problem.


I tends to agree. If you're going to have it don't do it half arsed - include the family home. As soon as you make exceptions it gets complicated and you create a lucrative new opportunity for the tax accountants.

Of course a CGT on the family home would be political suicide.

It appears it may not be redistributive enough to make all the trouble worth it.

https://www.stuff.co.nz/business/109818642/capital-gains-tax--what-we-know-about-how-it-would-work


Imagine them taxing the family home though. Let's say you bought a family home in Auckland a few years ago for say $500k. Your kids are now growing up and you need more space for them. Your house is now worth say $1.1m but to upgrade to a bigger house for your growing family is going to cost say $1.6m. It will be a struggle but doable as you are 'moving in the same market'. But then the Govt wants to tax you at say 33% on the $600k capital gain on your family home. Suddenly you're $200k out of pocket. Your house may have increased in value through housing inflation but you're no better off because the cost of a new house has gone up too! And economists want to tax us on this purely inflationary gain? Do we get tax relief on the purchase of the new, similarly inflated home?


Last edited by booji boy on Mon Feb 11, 2019 6:07 pm, edited 1 time in total.

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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 10:50 am 
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Dark wrote:
Ted. wrote:
brat wrote:
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12202581

Why on earth would you build these ridiculous 'houses' in wanaka of all places

Completely idiotic government


Because Central Otago has a dire shortage of non-tourism housing in the right places and more than enough top end housing.



Then why does no one want them?


I have no idea. Perhaps they are ugly, perhaps all the baristas and hamburger flippers are being underpaid by the nasty capitalist running dog cafe owners.

Nevertheless, there is a serious shortage of non-tourist accommodation in Central Otago. This issue is pretty fundamental to Central Otago's housing policy and why, for example, QLDC are putting so much effort into finding solutions for the shortage.


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 10:53 am 
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Dark wrote:
Ted. wrote:
brat wrote:
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12202581

Why on earth would you build these ridiculous 'houses' in wanaka of all places

Completely idiotic government


Because Central Otago has a dire shortage of non-tourism housing in the right places and more than enough top end housing.



Then why does no one want them?

Workers' houses at sav blanc socialist prices.


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 10:56 am 
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BillW wrote:
Dark wrote:
Ted. wrote:
brat wrote:
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12202581

Why on earth would you build these ridiculous 'houses' in wanaka of all places

Completely idiotic government


Because Central Otago has a dire shortage of non-tourism housing in the right places and more than enough top end housing.



Then why does no one want them?

Workers' houses at sav blanc socialist prices.


Well, we wouldn't want workers getting paid a decent wage, would we.

That would really f**k things up.


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 10:58 am 
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Maniototo Man wrote:
BillW wrote:
guy smiley wrote:
I know it’s ToR, it’s that I was alluding to really, in light of recent suggestions regarding the fleecing of the privileged.

Good name for a beer festival, that... Fleece the Privilege.

Talking of privilege.
Your wages in West Australian mining would put you in the top 5% of the worlds earners.
The present minimum wage places New Zealand as the third highest in the world after Australia and Luxemburg as far as I can gather.
https://en.wikipedia.org/wiki/List_of_m ... by_country

So what are we trying to achieve?

I'm not against CGT in principle but it is just another administrative nightmare.
Just another boil on the arse of the productive sector.

A solution looking for a problem.


I tends to agree. If you're going to have it don't do it half arsed - include the family home. As soon as you make exceptions it gets complicated and you create a lucrative new opportunity for the tax accountants.

Of course a CGT on the family home would be political suicide.

It appears it may not be redistributive enough to make all the trouble worth it.

https://www.stuff.co.nz/business/109818642/capital-gains-tax--what-we-know-about-how-it-would-work


There's no basis for any of the two bolded statements you have made. An exemption would be a simple thing to implement and enforce, especially when compared to what is already exempt ofr can be claimed. There is no clear rational for including the family home when one of the sated aims is to increase housing affordability and shift investment from unproductive housing to productive endeavours.


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 11:00 am 
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BillW wrote:
Dark wrote:
Ted. wrote:
brat wrote:
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12202581

Why on earth would you build these ridiculous 'houses' in wanaka of all places

Completely idiotic government


Because Central Otago has a dire shortage of non-tourism housing in the right places and more than enough top end housing.



Then why does no one want them?

Workers' houses at sav blanc socialist prices.


Crikey, you've nailed it, Bill. :shock:


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 11:03 am 
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guy smiley wrote:
BillW wrote:
Dark wrote:
Ted. wrote:
brat wrote:
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12202581

Why on earth would you build these ridiculous 'houses' in wanaka of all places

Completely idiotic government


Because Central Otago has a dire shortage of non-tourism housing in the right places and more than enough top end housing.



Then why does no one want them?

Workers' houses at sav blanc socialist prices.


Well, we wouldn't want workers getting paid a decent wage, would we.

That would really f**k things up.

Not sure how that would lower the price of houses.
What is it that makes you think that anybody in parliament has got the knowledge and expertise to build houses cheaper than the professionals do it?


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 11:03 am 
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Anyway



Image




x(







Man









Walking





:nod:


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 11:08 am 
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BillW wrote:
Not sure how that would lower the price of houses.


I didn't say it would. Nice deflection though.
BillW wrote:
What is it that makes you think that anybody in parliament has got the knowledge and expertise to build houses cheaper than the professionals do it?


hmmm... the professionals are running a tidy little duopoly on supply costs and creaming the consumer blind. Great read in last weekend's Herald on that. What the govt could do is award large contracts to other companies large enough to run their own supply chains and slash costs, introducing serious competition to the market.

So there's that.


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 11:10 am 
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guy smiley wrote:
BillW wrote:
Dark wrote:
Ted. wrote:
brat wrote:
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12202581

Why on earth would you build these ridiculous 'houses' in wanaka of all places

Completely idiotic government


Because Central Otago has a dire shortage of non-tourism housing in the right places and more than enough top end housing.



Then why does no one want them?

Workers' houses at sav blanc socialist prices.


Well, we wouldn't want workers getting paid a decent wage, would we.

That would really f**k things up.

house prices would increase right?


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 11:14 am 
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Ted. wrote:
Maniototo Man wrote:
BillW wrote:
guy smiley wrote:
I know it’s ToR, it’s that I was alluding to really, in light of recent suggestions regarding the fleecing of the privileged.

Good name for a beer festival, that... Fleece the Privilege.

Talking of privilege.
Your wages in West Australian mining would put you in the top 5% of the worlds earners.
The present minimum wage places New Zealand as the third highest in the world after Australia and Luxemburg as far as I can gather.
https://en.wikipedia.org/wiki/List_of_m ... by_country

So what are we trying to achieve?

I'm not against CGT in principle but it is just another administrative nightmare.
Just another boil on the arse of the productive sector.

A solution looking for a problem.


I tends to agree. If you're going to have it don't do it half arsed - include the family home. As soon as you make exceptions it gets complicated and you create a lucrative new opportunity for the tax accountants.

Of course a CGT on the family home would be political suicide.

It appears it may not be redistributive enough to make all the trouble worth it.

https://www.stuff.co.nz/business/109818642/capital-gains-tax--what-we-know-about-how-it-would-work


There's no basis for any of the two bolded statements you have made. An exemption would be a simple thing to implement and enforce, especially when compared to what is already exempt ofr can be claimed. There is no clear rational for including the family home when one of the sated aims is to increase housing affordability and shift investment from unproductive housing to productive endeavours.


How do you ensure people shift their investment to a productive sector instead of putting it into a larger more expensive family home that will be tax exempt when they eventually downsize in retirement? I remember reading about that being an issue somewhere else. Oz maybe? Can't remember now.


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 11:18 am 
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guy smiley wrote:
BillW wrote:
Not sure how that would lower the price of houses.


I didn't say it would. Nice deflection though.
BillW wrote:
What is it that makes you think that anybody in parliament has got the knowledge and expertise to build houses cheaper than the professionals do it?


hmmm... the professionals are running a tidy little duopoly on supply costs and creaming the consumer blind. Great read in last weekend's Herald on that. What the govt could do is award large contracts to other companies large enough to run their own supply chains and slash costs, introducing serious competition to the market.

So there's that.

Yeah.
Source supplies from countries with lower wages, less compliance costs and no health and safety rules.


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 11:23 am 
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Fat Old Git wrote:
Ted. wrote:
Maniototo Man wrote:
BillW wrote:
guy smiley wrote:
I know it’s ToR, it’s that I was alluding to really, in light of recent suggestions regarding the fleecing of the privileged.

Good name for a beer festival, that... Fleece the Privilege.

Talking of privilege.
Your wages in West Australian mining would put you in the top 5% of the worlds earners.
The present minimum wage places New Zealand as the third highest in the world after Australia and Luxemburg as far as I can gather.
https://en.wikipedia.org/wiki/List_of_m ... by_country

So what are we trying to achieve?

I'm not against CGT in principle but it is just another administrative nightmare.
Just another boil on the arse of the productive sector.

A solution looking for a problem.


I tends to agree. If you're going to have it don't do it half arsed - include the family home. As soon as you make exceptions it gets complicated and you create a lucrative new opportunity for the tax accountants.

Of course a CGT on the family home would be political suicide.

It appears it may not be redistributive enough to make all the trouble worth it.

https://www.stuff.co.nz/business/109818642/capital-gains-tax--what-we-know-about-how-it-would-work


There's no basis for any of the two bolded statements you have made. An exemption would be a simple thing to implement and enforce, especially when compared to what is already exempt ofr can be claimed. There is no clear rational for including the family home when one of the sated aims is to increase housing affordability and shift investment from unproductive housing to productive endeavours.


How do you ensure people shift their investment to a productive sector instead of putting it into a larger more expensive family home that will be tax exempt when they eventually downsize in retirement? I remember reading about that being an issue somewhere else. Oz maybe? Can't remember now.


Unlike an investment property, it is not earning while they are using it as a family home. If property become more affordable, that implies the value of the gain is reduced, comparatively, so the incentive to invest is lessened. How that would compare to other investments, I don't know. What I do know is that the cost per earnings and the capital gain in residential property is completely out of whack with no correction in sight without a major financial meltdown. In a nutshell, the current cost of putting a roof over our collective heads is hurting the country, there is nothing good about it for the vast majority.


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 11:25 am 
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BillW wrote:
guy smiley wrote:
BillW wrote:
Not sure how that would lower the price of houses.


I didn't say it would. Nice deflection though.
BillW wrote:
What is it that makes you think that anybody in parliament has got the knowledge and expertise to build houses cheaper than the professionals do it?


hmmm... the professionals are running a tidy little duopoly on supply costs and creaming the consumer blind. Great read in last weekend's Herald on that. What the govt could do is award large contracts to other companies large enough to run their own supply chains and slash costs, introducing serious competition to the market.

So there's that.

Yeah.
Source supplies from countries with lower wages, less compliance costs and no health and safety rules.


Yeah, like pinus radiata. Or portland cement. Hang on, maybe you mean greywacke aggregate. Ok, ok, it must be the steel reinforcing and roofing materials... the gib? :roll:


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 11:28 am 
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Ted. wrote:
BillW wrote:
guy smiley wrote:
BillW wrote:
Not sure how that would lower the price of houses.


I didn't say it would. Nice deflection though.
BillW wrote:
What is it that makes you think that anybody in parliament has got the knowledge and expertise to build houses cheaper than the professionals do it?


hmmm... the professionals are running a tidy little duopoly on supply costs and creaming the consumer blind. Great read in last weekend's Herald on that. What the govt could do is award large contracts to other companies large enough to run their own supply chains and slash costs, introducing serious competition to the market.

So there's that.

Yeah.
Source supplies from countries with lower wages, less compliance costs and no health and safety rules.


Yeah, like pinus radiata. Or portland cement. Hang on, maybe you mean greywacke aggregate. Ok, ok, it must be the steel reinforcing and roofing materials... the gib? :roll:

Pre-cut houses.


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 11:42 am 
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Ted. wrote:
Nevertheless, there is a serious shortage of non-tourist accommodation in Central Otago. This issue is pretty fundamental to Central Otago's housing policy and why, for example, QLDC are putting so much effort into finding solutions for the shortage.
I need to read my ratepayers communications more closely. All I’ve noticed is the rates appear to have come down.

Which initiatives are the QLDC pushing? I hope they aren’t pushing to increase the prices at Fergburger


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 12:22 pm 
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Quote:
Unlike an investment property, it is not earning while they are using it as a family home. If property become more affordable, that implies the value of the gain is reduced, comparatively, so the incentive to invest is lessened. How that would compare to other investments, I don't know. What I do know is that the cost per earnings and the capital gain in residential property is completely out of whack with no correction in sight without a major financial meltdown. In a nutshell, the current cost of putting a roof over our collective heads is hurting the country, there is nothing good about it for the vast majority.


:thumbup: :thumbup: :thumbup: :thumbup: :thumbup: :thumbup: :thumbup: :thumbup: :thumbup: :thumbup:


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 6:00 pm 
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Ted. wrote:
Fat Old Git wrote:
Ted. wrote:
Maniototo Man wrote:
I tends to agree. If you're going to have it don't do it half arsed - include the family home. As soon as you make exceptions it gets complicated and you create a lucrative new opportunity for the tax accountants.

Of course a CGT on the family home would be political suicide.

It appears it may not be redistributive enough to make all the trouble worth it.

https://www.stuff.co.nz/business/109818642/capital-gains-tax--what-we-know-about-how-it-would-work


There's no basis for any of the two bolded statements you have made. An exemption would be a simple thing to implement and enforce, especially when compared to what is already exempt ofr can be claimed. There is no clear rational for including the family home when one of the sated aims is to increase housing affordability and shift investment from unproductive housing to productive endeavours.


How do you ensure people shift their investment to a productive sector instead of putting it into a larger more expensive family home that will be tax exempt when they eventually downsize in retirement? I remember reading about that being an issue somewhere else. Oz maybe? Can't remember now.


Unlike an investment property, it is not earning while they are using it as a family home. If property become more affordable, that implies the value of the gain is reduced, comparatively, so the incentive to invest is lessened. How that would compare to other investments, I don't know. What I do know is that the cost per earnings and the capital gain in residential property is completely out of whack with no correction in sight without a major financial meltdown. In a nutshell, the current cost of putting a roof over our collective heads is hurting the country, there is nothing good about it for the vast majority.


They are also not able to claim the interest, rates, insurance and maintenance and make a tax loss which is then offset against their other income. Although tax losses of this sort are set to be ring fenced going forward anyway.


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 6:01 pm 
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Ted. wrote:
Anyway



Image




x(







Man









Walking





:nod:


Yep, the sooner the better. :thumbup:


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 6:12 pm 
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Where the hell has this CG taxing of a family home come from?

Typical National fearmongering!!! Even the fans are at it.


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 6:30 pm 
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Enzedder wrote:
Where the hell has this CG taxing of a family home come from?

Typical National fearmongering!!! Even the fans are at it.


Economists, in their wisdom, are always saying that for a CGT to be truly effective it needs to include the family home. A few posters have also noted that making exceptions makes the tax more complicated and opens up loopholes. Like your mate for example. ;)

It's not National fearmongering. Taxcinda has been at pains, in her most earnest furrowed brow, to assure us that the family home will be excluded. We all know that as it would be political suicide. Even Grinch Cullen knows it and wouldn't recommend it.


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 7:06 pm 
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booji boy wrote:
Enzedder wrote:
Where the hell has this CG taxing of a family home come from?

Typical National fearmongering!!! Even the fans are at it.


Economists, in their wisdom, are always saying that for a CGT to be truly effective it needs to include the family home. A few posters have also noted that making exceptions makes the tax more complicated and opens up loopholes. Like your mate for example. ;)

It's not National fearmongering. Taxcinda has been at pains, in her most earnest furrowed brow, to assure us that the family home will be excluded. We all know that as it would be political suicide. Even Grinch Cullen knows it and wouldn't recommend it.


:lol:


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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 7:25 pm 
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Stop bullshitting - leave it to your heroes.

Look at the TOR for the Tax Working group - the family home has NEVER been in considerations so why include it in your bullshit?


Last edited by Enzedder on Mon Feb 11, 2019 7:27 pm, edited 1 time in total.

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 Post subject: Re: NZ Politics Thread
PostPosted: Mon Feb 11, 2019 7:26 pm 
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BillW wrote:
guy smiley wrote:
BillW wrote:
Not sure how that would lower the price of houses.


I didn't say it would. Nice deflection though.
BillW wrote:
What is it that makes you think that anybody in parliament has got the knowledge and expertise to build houses cheaper than the professionals do it?


hmmm... the professionals are running a tidy little duopoly on supply costs and creaming the consumer blind. Great read in last weekend's Herald on that. What the govt could do is award large contracts to other companies large enough to run their own supply chains and slash costs, introducing serious competition to the market.

So there's that.

Yeah.
Source supplies from countries with lower wages, less compliance costs and no health and safety rules.


Swing and a miss there...

Europe is a prime source, so is Australia.


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