19 February 2016

$20 billion gift to property development companies

"Thursday the 18th of February 2016, was a dark day in the history of this country, with the passing of the Social Housing Reform Transaction Mandate Bill, which extends unprecedented powers to two Ministers of the Crown," says Housing Lobby Spokesperson Sue Henry.

http://www.scoop.co.nz/stories/PA1602/S00257/social-housing-reform-bill-passed-into-law.htm

http://parliamenttoday.co.nz/2016/02/three-housing-bills-passed-final-reading/

(Three bills divided from the Social Housing Reform (Transaction Mandate) Bill have passed their final readings.
The Housing Amendment Bill, the Housing Corporation (Social Housing Reform) Amendment Bill, and the Housing Restructuring and Tenancy Matters (Social Housing Reform) Amendment Bill (No 2) have passed third reading.
Ayes 63 (National 59, Maori Party 2, ACT 1, United Future 1)
Noes 56 (Labour 30, Greens 14, NZ First 12)
_________________________________________________________
"The baby has truly been thrown out with the bath water with this disgusting piece of work, which is enabling legislation for property development companies, including the Tamaki Redevelopment Company (TRC) to have whole suburbs where State Housing Stock sits, transferred to them, at no cost."

"Already in Tamaki these 'out of scope changes' have seen three suburbs transferred to the Tamaki Redevelopment Company plus $200 million of taxpayers' money and an extra $52 million in the May 2015 Government budget."


http://www.scoop.co.nz/stories/BU1504/S00876/tamaki-project-gets-200m-govt-loan.htm

"Nation-wide the entire $20 billion worth State Housing assets is going on the chopping block."

http://www.parliament.nz/en-nz/pb/debates/debates/51HansD_20160216_00000012/social-housing-reform-transaction-mandate-bill-%E2%80%94-second

"The Tamaki privatisation model is the pilot project for the rest of New Zealand."

"The real clanger will be which property developer companies and financial institutions bankroll corporates like the Salvation Army and other NGO 'social housing' providers?"

"This is one of the biggest 'land grabs' New Zealand has ever seen, in the history of this country and where was the electoral mandate?"

"Where was the electoral mandate for the privatisation of State Housing?"

ends

© Scoop Media