Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Insulation scheme shows value of public assets

House insulation scheme shows huge value of publicly owned assets – Maori Party

Budget reaction 22 May 2008


The government’s state house insulation scheme has multiple compounding benefits for the whole of society – and is possible through public ownership of the houses, says the Maori Party.

“The $47 m price tag for the scheme is not a cost, so much as an investment in the future of this country,” said Housing spokesperson Tariana Turia.

“Insulation is an investment that adds capital value and slows the deterioration of the economic asset, the housing stock,” she said. “It will also cut the ongoing costs of tenants’ energy bills and doctors’ visits that bite deeply into low incomes,” she said.

“Much more than that, it is also an investment in the health of our people, especially the children of poorer families who suffer huge rates of asthma and respiratory illness. The payoff will be seen over time in better performance at school, improved education outcomes, greater employment prospects and so on.

“On top of that, it’s a saving to the environment through reduced energy use and therefore carbon emissions.

This scheme is a circuit-breaker, reversing the cycle of disadvantage that drags down so many of our people,” she said. “While it is targeted at some of the people in greatest need, the benefits will be felt by society as a whole.

“The Minister hopes the example set by Housing New Zealand, as a major landlord with 21,000 houses, will influence the market and encourage private landlords to lift their game as well.

“All this is possible because the state owns the houses. Public ownership of the asset enables the government to carry out important parts of its housing, health, education, social development, environment and economic policies,” said Mrs Turia.

“We congratulate the Green Party for pursuing this initiative, and the government for providing the funding to see it through.

“The Maori Party looks forward to similar investment in the rail system, which again will have multiple social and environmental benefits.

“Government economic theories, however, stop the principle being applied more broadly to strategic assets. If New Zealand adopted a Genuine Progress Index, to measure social, cultural and environmental performance alongside economic, the real value of publicly owned assets would be obvious,” she said.


ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Another Leader Exiting: Statement From Peter Dunne

I have concluded, based on recent polling, and other soundings I have been taking over the last few weeks, that, the volatility and uncertainty notwithstanding, there is now a mood amongst Ōhāriu voters for a change of MP, which is unlikely to alter...

“I have therefore decided that it is time for me to stand aside, so the people of Ōhāriu can elect a new electorate MP. More>>

 

Gordon Campbell: On Labour’s Campaign Launch

One of the key motifs of Ardern’s speech was her repeated use of the phrase – “Now, what?” Cleverly, that looks like being Labour’s response to National’s ‘steady as it goes’ warning against not putting the economic ‘gains’ at risk. More>>

ALSO:

Lyndon Hood: Social Welfare, Explained

Speaking as someone who has seen better times and nowadays mostly operates by being really annoying and humiliating to deal with, I have some fellow feeling with the current system, so I’ll take this chance to set a few things straight.. More>>

ALSO:

Deregistered: Independent Board Decision On Family First

The Board considers that Family First has a purpose to promote its own particular views about marriage and the traditional family that cannot be determined to be for the public benefit in a way previously accepted as charitable... More>>

ALSO:

Transport Policies: Nats' New $10.5bn Roads Of National Significance

National is committing to the next generation of Roads of National Significance, National Party Transport Spokesperson Simon Bridges says. More>>

ALSO:

Gordon Campbell: On Why Labour Isn’t Responsible For Barnaby Joyce

As a desperate Turnbull government tries to treat the Barnaby Joyce affair as a Pauline Hanson fever dream – blame it on the foreigners! We’re the victims of the dastardly New Zealand Labour Party! – our own government has chosen to further that narrative, and make itself an accomplice. More>>

ALSO:

Rail: Greens Back Tauranga – Hamilton – Auckland Service

The Green Party today announced that it will trial a passenger rail service between Auckland, Hamilton and Tauranga starting in 2019, when it is in government. More>>

ALSO:

Housing: Voluntary Rental Warrant Of Fitness For Wellington

Wellington City Council is partnering with the University of Otago, Wellington, to launch a voluntary Rental Warrant of Fitness for minimum housing standards in Wellington, Mayor Justin Lester has announced. More>>

ALSO:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election