Parliament

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

 

Nats squeeze the lifeblood out of Housing NZ

Phil Twyford
Housing Spokesperson

14 November 2013

Nats squeeze the lifeblood out of Housing NZ

National is squeezing the life out of Housing New Zealand, slashing capital and demanding increased dividends in the middle of a housing crisis, says Labour’s Housing spokesperson Phil Twyford.

The Salvation Army’s report into Housing NZ has revealed that since coming into office National has taken hundreds of millions out of the corporation in dividends while severely reducing capital contributions.

“This comes at a time when the housing waiting list stands at 4,000 and Housing New Zealand is referring people to live in campgrounds.

“The only reason National is cutting capital and hiking dividends is to pay for their uncosted tax cuts at the expense of the poor who are in desperate need of a home.

“National expects Housing NZ to be a cash-cow. Nick Smith must stop the rort and ensure the corporation does its proper job.

“National is acting for the few, not the many people in need of proper housing in this country. The Salvation Army’s report is a damning indictment on this Government’s record.”

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Navy’s Dealings With Fat Leonard, And Twin Peaks

At an official level, our “she’ll be right” attitude routinely spills over into a keen resentment of anyone who suggests the outcomes may be less than satisfactory. Oversight at any level of performance is not New Zealand’s strong suit – from our one-chamber Parliament on downwards...

The Navy has now gone one step beyond. It won’t even ask itself whether it did a good job. More>>

 

NZDF: Fifth Rotation Of Troops Heads To Iraq

The fifth rotation of New Zealand Defence Force troops left today for a six-month mission training Iraqi soldiers. More>>

ALSO:

Gordon Campbell: On The Demonising Of Iran

Will New Zealand still be willing to pursue its recent trade overtures to Iran, now that US President Donald Trump has used his speech in Riyadh to single out Iran as the main source of terrorism and instability in the Middle East? More>>

ALSO:

 
 
 
 

Opening The Election Supporters

 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election