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

 


Minister misled Parliament on housing

Phil

TWYFORD

Housing spokesperson


18 March 2014 MEDIA STATEMENT

Minister misled Parliament on housing

Housing Minister Nick Smith has deliberately misled Parliament by claiming that house prices rose by 26 per cent over the last five years, says Housing spokesperson Phil Twyford.

“The truth is that the rise is 40 per cent according to the Real Estate Institute of New Zealand’s published figures.

“The REINZ figures actually show a $170,500 increase in the median between February 2009 and February 2014 which is a 40 per cent increase from $421,500 to $592,000.

“Nick Smith has chosen a bizarre method of calculating the increase in order to hide the true increase and mislead Parliament.

“He also claimed the figures were obtained from the Real Estate Institute but they have denied this.

“When Labour contacted REINZ to ask about Smith’s figures, they responded: ‘The data was not prepared by REINZ for the Minister’s office and it is not a report we release.’

“On top of Nick Smith’s cynical approach to calculating the change in his data tabled he made such basic mistakes as getting the date wrong, reporting it was an average when it is a median,

and putting in the wrong figures house prices for Canterbury/Westland.

“Nick Smith has made it up and deliberately misled the House, the media and the public to cover up for his failed housing policy that is driving up house prices and rents.

“His housing policy is also shutting out first home buyers and handing the market to speculators to make a killing.

“Interest rates will be driven up beyond 8 per cent which will place a massive burden on homeowners struggling to pay huge mortgages on stagnant wages.

“Is he so appalled and embarrassed at his own government’s track record on housing that he feels the need to make up numbers, just to make it look better.

How many photo-ops will it take to make it look like his housing policies are actually helping New Zealanders rather than hurting them and killing off their aspirations and dreams?”

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Christchurch Fires: Friday Morning Update

Slightly cooler weather conditions and higher humidity with some light rain having fallen early this morning is welcome relief for emergency services fighting the Port Hills fire in Christchurch..

It has been a quiet night with a few minor flare ups contained by fire crews. Thermal imaging is being used to identify hot spots. There is a lot of work to do to clean up the whole fire area and this will go on for several days.

Te Hapua Welfare Centre remains open with a small amount of people staying there. Nga Hau E Wha Marae and the Selwyn welfare centre have been closed. Police cordons are still in place and these areas are still considered dangerous. The situation is being constantly reassessed and we will provide further information as soon as it is available. More>>

 
 

Turnbull Visit: Leaders’ Talks Cement Trade Relations, Science Agreement

Mr English met with Prime Minister Turnbull in Queenstown today to discuss common approaches to bilateral and international issues, including trade and science and innovation. Mr English also thanked Mr Turnbull for Australia’s offer of support for those fighting the fires on the Port Hills in Christchurch. More>>

ALSO:

Youth Guarantee: Upskilling Fund Used For Retraining

News that one in five of the people enrolling in Youth Guarantee already hold qualifications at the level they’re enrolling in highlights the failure of the scheme to reach the disengaged young people it was set up to assist, says Labour’s Education spokesperson Chris Hipkins. More>>

ALSO:

Gordon Campbell: On What Trump May Mean For Us

So far not much effort has been put into tracing the possible implications for New Zealand of the stream of executive orders and tweets that have been pouring from the Oval Office. Unfortunately, we may not simply be drive-by rubberneckers at this car wreck for much longer. More>>

Pike River Select Committee: Solid Energy Chair Talks Resignation Over Re-Entry

Andy Coupe, chair of failed state-owned coal miner Solid Energy, said at a fiery select committee this morning that he would consider resigning if the government orders the company to re-enter the Pike River coal mine. More>>

ALSO:

Gordon Campbell: On Labour’s Candidacy Troubles

So its official. Greg O’Connor will indeed be Labour’s candidate in Ohariu and – as also signaled well in advance – the Greens will not be standing a candidate in the electorate. At this point, you have to question the validity of the Greens’ excuse – “we need to change the government” – for tagging along.... More>>

ALSO:

Post-Shooting Security: Guards Say WINZ Safety Protocols Unsafe

“The safety issue has moved from inside WINZ offices to outside where security guards are isolated in front of locked doors with nowhere to retreat if they need help,” says Len. More>>

ALSO:

PM’s Press Conference: Housing, Housing, Housing

Questions from the gallery focused on housing, asking about the Auckland Unitary Plan, the potential skills and resource shortage and whether NZ would seek help from overseas. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news