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


First home buyers can just whistle

David Cunliffe
Labour Leader

15 May 2014

First home buyers can just whistle

This budget does nothing to address New Zealand’s acute housing crisis, says Labour Leader David Cunliffe.

“There is nothing here for first home buyers.

“Nothing to build a single new home.

“Nothing to make rentals warm and dry.

“Nothing to stop offshore speculators driving up prices.

“Kiwi first-home buyers could get a better deal from their mortgage broker than the paltry $3500 the Government is offering.

“Removing tariffs on wallboard to offset building costs will not even make a dent in the price of a house in Auckland.

“Average prices in Auckland rose by $6208 dollars last month. The Government’s levy changes will save just two to three weeks of Auckland house-price inflation.

“The biggest announcement is $80 million dollars to pay the Ministry of Social Development to do the housing eligibility assessments that Housing New Zealand used to do.

“Labour will tackle the current the housing crisis which this morning New Zealanders rated as one of the biggest issues facing the country. They will be sorely disappointed by this budget.

“Labour will build 100,000 affordable houses, introduce a Capital Gains Tax, impose restrictions on offshore property speculators, reform monetary policy which will help lower interest rates, and make every rental property warm and dry.”


© 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