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

 

PM's Press Conference: Crime And Diplomacy

The Prime Minister's press conference today was dominated by foreign affairs and an open letter from the PM to the Chinese community on crime. More>>

ACC: Govt Caught In Unethical Cluster Bomb Investments

The ACC Fund admitted that it had $1.4 million invested in cluster munitions and nuclear weapons manufacturer Lockheed Martin. Before responding to the Green Party’s request for information,however, ACC sold its Lockheed investment and updated its ethical investment policy. More>>

ALSO:

Local Governments To Decide: Easter Trading Bill Passes

The union representing working people in the retail industry is condemning the Government for whipping its MPs to pass the controversial Shop Trading Hours Amendment Bill. More>>c

ALSO:

Departure Speech: Governor-General’s State Farewell Luncheon

"...Unfortunately I was unable to get to the Antarctic, the Chatham Islands and the Kermadecs. A dicky heart thwarted our travel to the Antarctic; and even though I volunteered to parachute into the Kermadecs to join the Young Blake expedition, time, commitments and officials frustrated my plans to visit the Kermadecs and Chathams." More>>

ALSO:

New Research: Most Homeless People Working Or Studying

“The cost of housing has been rising without corresponding increases in income, whilst the number of state houses per capita has been in decline. Many low-income people are missing out on housing, whether we recognise them as ‘homeless’ or not. More>>

ALSO:

Post-Traynor: New Offender Info Sharing Plan

“This Bill delivers on that step-change by moving away from name-based records held by individual agencies to a shared, anchor identity based on unalterable information, such as fingerprints and facial recognition. It also gives agencies access to the drivers’ licence photo database and birth, death and marriages information." More>>

  • NZ Law Foundation - New $2M fund for research on information challenges
  • Littoral: New Ship To Deliver Enhanced Naval Capability

    Defence Minister Gerry Brownlee says the Government has approved a Ministry of Defence and New Zealand Defence Force recommendation to request tenders for a new naval ship to support littoral operations. More>>

    July:

    After King's Labour Snub: Māori Party And Kiingitanga To Work Together

    Māori Party Co-leaders Te Ururoa Flavell and Marama Fox met with Kiingitanga representatives in Wellington yesterday to discuss working together on key issues for the betterment of Māori. More>>

    ALSO:

    Waitangi Claim On Rehabilitation: The 'Justus' System For Māori Not Good Enough

    Closing statements at the Waitangi Tribunal case against Corrections called for immediate steps and a comprehensive review to address the high rate of Māori reoffending. More>>

    ALSO:

    Advice: PM Sets Rules For Ministers' Treatment Of Public Servants

    Prime Minister John Key has laid down the law about the way ministers and public servants should interact, saying ministers may not always like the advice they receive, but they must listen to it carefully, respectfully and professionally. More>>

    Get More From Scoop

     

    LATEST HEADLINES

     
     
     
     
     
     
     
     
     
    Parliament
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news