Parliament

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

 

NZ Tops The OECD For Least Affordable Housing

New Zealand has topped the OECD in relation to housing in the worst way possible coming in at number one for Bloomberg’s real estate risk rankings, National’s Housing spokesperson Nicola Willis says.

“As if the Government hasn’t had enough wake up calls to the crisis we are facing in New Zealand, here is another one. After four years of Labour, our housing challenges are worse than ever, with a trail of failed policies behind them.

“We are the worst in the OECD for price-to-rent ratios, price-to-income ratios, real price growth, and nominal price growth.

“Minister for Housing Megan Woods has provided New Zealanders with no confidence that the Government has any plans to meaningfully address our terrible housing situation. The KiwiBuild disaster has made sceptics out of us all.

“The measures the Government has announced, including removal of interest deductibility and the extension of the Brightline test, are punitive rather than incentivising. They do not address housing supply and so in no way address our underlying shortage of homes. In fact, house prices have risen another 8.9 per cent since the new taxes were announced.

“The Housing Minister was warned by her own officials that these changes may increase costs for lower-income tenants, adding to our already extraordinarily long state house waiting list and tipping more New Zealanders into emergency housing motels.

“New Zealand simply must remove the barriers to new housing supply and allow for housing intensification and new land supply immediately. We can’t afford to wait for already overdue reforms to the RMA.

“The National Party has introduced a member’s bill in Judith Collins’ name which lays out urgency measures the Government could take to drive development and provide crucial supply to the market. This is so important we have offered this bill to the Government, but they were not interested in our solutions.

“National has a plan ready to go and we are frustrated watching the situation worsen. We would remove unnecessarily difficult regulations and barriers to build while incentivising councils to build more houses by offering $50,000 per additional dwelling for infrastructure investment.

“The inability or unwillingness of this Government to adequately address the housing crisis is unacceptable. Where is the urgency? Where is the drive? New Zealanders deserve better than this.”

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Geo-political Posturing Over China’s Cyber Hacks, Plus The Weekly Playlist

The timing was one of the weirder aspects of this week’s cyber condemnation of China by the West. Why was this piece of political theatre being staged now? China (and Russia’s) sponsoring and/or condoning of semi-state and criminal hacker groups has been known about for nigh on a decade. More particularly, Microsoft had been alerted to the flaws in its Microsoft Exchange... More>>




 
 


Government: Quarantine Free Travel With Australia Suspended

Quarantine Free Travel from all Australian states and territories to New Zealand is being suspended as the Covid situation there worsens, Prime Minister Jacinda Ardern and COVID-19 Response Minister Chris Hipkins announced today... More>>

ALSO:


Government: New Zealand Condemns Malicious Cyber Activity By Chinese State-sponsored Actors

New Zealand has established links between Chinese state-sponsored actors known as Advanced Persistent Threat 40 (APT40) and malicious cyber activity in New Zealand. “The GCSB has worked through a robust technical attribution process in relation to this activity. New Zealand is today joining other countries in strongly condemning this malicious activity... More>>

ALSO:

Government: Commits $600,000 To Flood Recovery

The Government is contributing $600,000 to help residents affected by the weekend’s violent weather with recovery efforts. Acting Minister for Emergency Management Kris Faafoi and Agriculture Minister Damien O’Connor have been in the Buller district this afternoon to assess flood damage and support the local response effort... More>>

ALSO:



NZUS Council: Welcomes Nomination Of Senator Tom Udall As US Ambassador To NZ

The NZUS Council welcomes the nomination of Senator Tom Udall to the role of US Ambassador to New Zealand and Samoa, NZUS Council executive director Jordan Small said... More>>

BusinessNZ: Visa Extensions Welcomed
BusinessNZ has welcomed the extension of some critical skill visa durations and changes to immigration systems to speed processing. Chief Executive Kirk Hope says move acknowledges advocacy by the hospitality sector, the BusinessNZ Network and others, and comes not a moment too soon.... More>>



Social Development: Government Initiatives Contribute To Fall In Benefit Numbers

Minister for Social Development Carmel Sepuloni has welcomed the release of the June quarter Benefit Statistics which show a continuing fall in the number of people receiving a Main Benefit... More>>


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels