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


Time for Nick Smith to listen up


Housing Spokesperson

Auckland Issues Spokesperson

13 October 2013       MEDIA STATEMENT

Time for Nick Smith to listen up

With newly re-elected Auckland Mayor Len Brown adding his voice to those calling for first home buyers to be exempted from mortgage lending restrictions, it is time for Housing Minister Nick Smith to sit up and take notice, says Labour’s Housing spokesperson Phil Twyford.

“Mayor Brown’s mandate – a whopping 55 000 vote majority – gives him a platform to advocate on behalf of Aucklanders with the Beehive. Housing and transport are Auckland’s two big challenges. After his success turning the Government around on the City Rail Link, it is great that the Mayor is now taking up the cudgels on housing.

“He is quite right to remind the Government that the Loan to Value Ratio lending restrictions are locking first home buyers out of the market. Combined with spiralling house prices – up 18% in Auckland over the last year – it is a toxic cocktail.

“Labour is critical of the weak affordability provisions in the planned special housing areas. We are worried the result will be row upon row of McMansions instead of the affordable first homes Aucklanders need.

“But if LVR lending restrictions don’t exempt first home buyers, the policy is doubly ineffective with the way left clear for speculators to snap up the McMansions anyway.”


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines



Relevant Consents Gained: Government Unveils RMA Reform Package

The government has formally hauled down the flag on its attempts to alter the balance of environmental and economic priorities in the Resource Management Act, unveiling a 180-page Resource Legislation Amendment Bill containing reforms that have been largely endorsed by most political parties. More>>


Closing Schools And Such: Interim Redcliffs Decision Announced

“While the school’s board has argued that circumstances that could give rise to potential disruption are extremely unlikely, advice from technical experts has shown these concerns cannot be ruled out." More>>


Jane Kelsey: High Court Can’t Make Groser Provide TPPA Information Faster

‘This week we went back to court to challenge Trade Minister Groser’s stalling tactics over the release of information on the Trans-Pacific Partnership Agreement negotiations, following a High Court order that he reconsider the Official Information Act request I made last January’, said University of Auckland law professor Jane Kelsey, first applicant in the case. More>>

Werewolf 58: No Climate For Change

The last time the global community tried to take collective action on climate change the world’s leaders finally came to agree that every not-too-onerous effort should be made to hold global warming to 2°C above the pre-industrial average. At Paris, all 150 participant countries nations will have put forward their pledges... On the information available, New Zealand's is the second weakest contribution of any nation in the developed world. More>>


Lambton Quay Shutdown: Object Was Made To Look Like Bomb

Police cordoned off part of Lambton Quay Wednesday afternoon, saying that a suspicious package had been found. Buildings were evacuated and buses were detoured. The army’s explosive ordnance disposal unit was brought to the Quay. More>>


Public Sector Still Shrinking: Record Low Number Of 'Backroom Bureaucrats'

Ongoing restraint in the public sector and a focus on better frontline services has seen a further reduction in the number of core Government employees, State Services Minister Paula Bennett says. More>>


Disobeying The Law: Police Censorship Of Crime Research “An Outrage”

The Green Party is calling on Police Minister Michael Woodhouse to ensure Police scrap controversial contracts that place onerous restrictions on academic researchers’ access to Police data, the Green Party says. More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news