Parliament

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

 

PM: Housing Crisis? What Housing crisis?

PM: Housing Crisis? What Housing crisis?

If John Key truly believes there is no housing crisis in this country, he is completely out of touch with reality and the New Zealand public, Labour Leader David Cunliffe says.

“The OECD has found New Zealand has the most over-priced housing in the Western world. This confirms what Kiwis already know: property speculators and mortgage restrictions are locking them out of the dream of home ownership.

“We have a housing crisis, yet the Prime Minister is in denial.

“John Key also claims there is more demand for houses because the economy is ‘buoyant’ and wages are growing. I’m sure the 46 per cent of Kiwis that didn’t get a pay rise last year will disagree.

“Net migration is expected to tip over 35,000 next year. Those migrants will require almost 13,000 new houses, with 6300 of those in Auckland alone. The Government’s housing accord will build 7176 new homes per year at current rates in Auckland, meaning up to 80 per cent of those homes will be needed to absorb rising immigration.

“Meanwhile, National offered nothing in this year’s Budget to address the housing crisis other than removing tariffs off building materials which accounts for less than 1 per cent of house prices and may well not be passed on to home buyers.

“Labour has the policies and willingness to tackle both the demand and supply side of the housing crisis. A Labour government will reign in rising house prices by clamping down on speculators, taxing capital gain and building 100,000 affordable houses under our KiwiBuild programme,” David Cunliffe says.

Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Budget '17: Budget Spends Down Future Surpluses

Tax cuts for every working New Zealander, targeted to low and middle income earners, more generous assistance for families and renters, and a massive spend-up on public services infrastructure mark Finance Minister Steven Joyce’s election year Budget.

The package of changes to income tax thresholds, the Working for Families programme, and the Accommodation Supplement is the Budget’s political centrepiece and will cost $2 billion a year. More>>

Scoop Full Coverage: of Budget Announcements & Reaction
Latest: Scoop Search

ALSO:

 
 

Auditor-General Stands Down For Investigation: Gordon Campbell On (Not) Taking Responsibility

So Martin Matthews, our current Auditor-General wishes he could have detected “earlier” the fraud that occurred on his watch at the Ministry of Transport. Hmmm. But he could have detected it earlier, surely? That’s the point. More>>

ALSO:

NGOs Pleased: Govt To Halt Collection Of Client Data

Brenda Pilott, the chair of ComVoices and national manager of Social Service Providers Aotearoa, congratulates the government on its decision to call a halt to the collection of individual client data until the concerns of not-for-profit service providers have been worked through. More>>

ALSO:

Gosh: Blasphemy Law Repeal Struck Down

Chris Hipkins, the MP who tabled a Supplementary Order Paper to add our Blasphemy Law to the Statutes Repeal Bill, said this was a "sad day for freedom of speech, tolerance, and leadership". More>>

ALSO:

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

ALSO:

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