Donghua Liu: Comment from Tim Barnett
General Secretary of the
New Zealand Labour Party
Comment from Tim Barnett
In response to media reports, Party staff have looked
through the 2007 records today, and found no record of
donations in the name of Donghua
© Scoop Media
On The Reserve Bank And Auckland Housing
The ‘crisis – what crisis?’ response by the government to the Auckland housing price bubble is no longer acceptable.
So says Reserve Bank governor Grant Spencer – who used unusually frank language in his speech and subsequent interviews yesterday to call for a capital gains tax, and to generally chastise central and local government for their inaction on a threat to the country’s economic health and financial stability.
That threat has been real for some time. The housing price bubble has already created a currency bubble... Undaunted, the government keeps calling this situation a success story. More>>