Book Reviews | Gordon Campbell | News Flashes | Scoop Features | Scoop Video | Strange & Bizarre | Search

 


PM Press Conference – Royal Visit, Economy, Housing Prices

PM Press Conference – Royal Visit, Economy, Housing Prices - 14 April 2014

Scoop Audio+Video+Photos

By Jamie Neikrie

This week at his weekly press conference in Wellington, Prime Minister John Key discussed the visit of the British Royal family, the state of the economy, and how to deal with rising housing prices.

*******


Video incomplete; please refer to audio below.

At his weekly press conference in Wellington, Prime Minister John Key discussed the visit of the British Royalty and the state of the economy.

On the visit of Prince William, Duchess Kate Middleton, and baby George, Mr Key called it, “the chance of a lifetime to catch a glimpse of the royal couple.”

Mr Key also emphasized the economic benefit of the Royals’ visit, which the Prime Minister said has brought over 120 international reporters to the country.

Tourism New Zealand put together an itinerary for reporters to showcase aspects of New Zealand not evinced in Will and Kate’s tour.

In discussing the economy, Mr Key said that the government is on track to record a “slim surplus for 2014,” with chance to cut into the national debt in the coming years.

Given this economic forecast, the Prime Minister emphasized the need to “remain disciplined” in spending for future budgets, and continue to adhere to the $1 billion new spending allowance set for by the government.

Mr Key faced numerous questions on housing prices in New Zealand after it was suggested that the government should attempt to lower housing prices in Auckland to four times the median income level, down from the current level of seven times.

When asked whether the government would consider stricter regulation on housing purchases by foreigners and non-residents, Mr Key said, “I think we all accept that there’s not great data there,” going on to say that such regulations would have a negligible affect on housing regulations.

Mr Key later acknowledged that acquiring better statistics on the subject would be a valuable exercise.

Other topics of discussion included the Capital Gains Tax, the Inland Revenue Department, and the menu for Mr Key’s dinner with the Royals tonight.

*******

Click a link to play audio (or right-click to download) in either
MP3 format or in OGG format.

*******

ENDS

© Scoop Media

 
 
 
 
 
Top Scoops Headlines

 

Open Source / Open Society: The Scoop Foundation - An Open Model For NZ Media

Access to accurate, relevant and timely information is a crucial aspect of an open and transparent society. However, in our digital society information is in a state of flux with every aspect of its creation, delivery and consumption undergoing profound redefinition... More>>

Keeping Out The Vote: Gordon Campbell On The US Elections

I’ll focus here on just two ways that dis-enfranchisement is currently occurring in the US: (a) by the rigging of the boundary lines for voter districts and (b) by demanding elaborate photo IDs before people are allowed to cast their vote. More>>

Ramzy Baroud: Being Black Palestinian - Solidarity As A Welcome Pathology

It should come as no surprise that the loudest international solidarity that accompanied the continued spate of the killing of Black Americans comes from Palestine; that books have already been written and published by Palestinians about the plight of their Black brethren. In fact, that solidarity is mutual. More>>

ALSO:

Max Rashbrooke: Why The New British Conservative PM Is Talking Inequality

In a major speech, May honed in on one key theme: an economy “that works for everyone”. It was strikingly like the language that the former British Labour leader, Ed Miliband, used in last year’s election campaign, as he put inequality front and centre of his – unsuccessful – political pitch. More>>

ALSO:

Gordon Campbell: On Tony Blair And The Chilcot Report

Alongside this litany of criticisms of Blair’s style of government and decision-making, Chilcot has also given Blair a remarkable amount of wiggle room. More>>

ALSO:

Werewolf: Flying Blind

Lets imagine an industry that prides itself on its modern technology. Yet its basic service is a chronic source of anxiety to many of its customers, partly because (very occasionally) this industry suffers catastrophic accidents that kill everyone who is using a particular instance of its service at the time. More>>

Get More From Scoop

 
 
 
 
 
 
 
Top Scoops
Search Scoop  
 
 
Powered by Vodafone
NZ independent news