#investment in nz

[immigrationz]

Exploring Investment Opportunities in New Zealand: A Comprehensive Guide

This guide provides valuable insights and information about investment opportunities in New Zealand. https://nzimmigration.info/investment-options-in-new-zealand/

[earthdoves]

highlight of the night is finding out that none of your friends voted

[sapphia]

love how everyone on this website is like "the justice system's broken!" but they mean like, the US justice system. which is not a system that half of the userbase here actually live under

[go-global-immigration-services]

New Zealand Investor Visa

The New Zealand Investor Visa offers an opportunity for high-net-worth individuals to live, work, and invest in one of the world’s most stable and scenic countries. By making a qualifying investment, you can secure residency and enjoy New Zealand’s excellent lifestyle, education, and business opportunities. Your pathway to a prosperous future starts here!

[constructionloansnz]

Securing the right financing help is important if you're planning a property development project. A property development loan can provide the necessary capital to bring your vision to life. Whether you're working on a new build, renovation, or expansion, these loans can open many doors for you.  Choosing the right loan smoothens up your cash flow, manages costs effectively, and achieves your project goals on time. For expert advice and tailored financing solutions, visit www.constructionloans.co.nz or Contact us at 0800 100 300.

[classicpropertynz]

Unlocking Potential: A Comprehensive Guide to Property Investment

When it comes to building wealth and securing your financial future, property investment stands out as a powerful strategy. With the right approach, investing in real estate can offer not only stable returns but also a sense of accomplishment and long-term security.

In this blog, let’s delve into the world of auckland property investment opportunities, uncovering its benefits, strategies, and tips to help you make informed decisions.

Why Invest in Property?

Tangible Asset with Real Value

Unlike stocks or bonds, property investment involves tangible assets that you can see and touch. Real estate has intrinsic value, and its worth is often influenced by factors such as location, condition, and market trends. This tangibility provides a sense of stability and security, which is especially appealing in times of economic uncertainty.

Potential for Steady Income

One of the most attractive aspects of property investment is the potential for steady rental income. By purchasing rental properties, you can generate a consistent cash flow that can cover mortgage payments, property management fees, and other expenses. Over time, as property values and rental rates increase, so too can your income.

Appreciation and Long-Term Growth

Real estate has historically demonstrated the potential for significant appreciation over time. While property values may fluctuate in the short term, the long-term trend often points toward growth. Investing in properties located in up-and-coming areas or regions with high demand can yield substantial returns as property values appreciate.

Choosing the Right Property

Location, Location, Location

The mantra "location, location, location" is as relevant in property investment as ever. When selecting a property, consider its location and how it aligns with current and future market trends. Proximity to amenities, public transport, schools, and employment hubs can significantly impact a property's value and rental potential.

Research Market Trends

Before making an investment, research the local real estate market to understand trends and forecasts. Analyse historical data, economic indicators, and demographic shifts to gauge the property's future potential. Engaging with real estate agents and attending property investment seminars can provide valuable insights.

Property Type and Condition

The type of property you invest in—whether it's residential, commercial, or industrial—should align with your investment goals. Additionally, evaluate the condition of the property. Properties requiring significant repairs or renovations may offer lower purchase prices but could involve higher initial costs and ongoing maintenance.

Financing Your Investment

Explore Financing Options

Property investment often requires significant capital, but there are various financing options available. Traditional mortgages, investment loans, and equity releases are common methods to fund your purchase. Compare different lenders and loan terms to find the best option for your financial situation.

Calculate Your Budget

Create a detailed budget that includes not only the purchase price but also additional costs such as stamp duty, legal fees, and ongoing maintenance expenses. Having a clear understanding of your financial obligations will help you avoid surprises and manage your investment effectively.

Managing Your Property

Professional Property Management

If managing the property investment Auckland yourself seems overwhelming, consider hiring a professional property manager. They can handle day-to-day operations, including tenant screening, rent collection, and maintenance. A good property manager ensures that your investment remains in top shape and generates steady income.

Regular Maintenance and Upgrades

Maintaining your property is crucial for preserving its value and attracting quality tenants. Regular inspections, timely repairs, and occasional upgrades can enhance the property's appeal and ensure it remains competitive in the rental market.

Navigating Risks and Challenges

Market Volatility

Like any investment, property investment carries risks. Market fluctuations, economic downturns, and changes in government policies can impact property values and rental income. Diversify your investment portfolio and stay informed about market trends to mitigate potential risks.

Tenant Management

Dealing with tenants can present challenges, from late payments to property damage. Thoroughly vet potential tenants and establish clear rental agreements to minimise issues. Maintaining open communication and addressing tenant concerns promptly can contribute to a positive landlord-tenant relationship.

The Bottom Line

Property investment is more than just buying and renting out real estate - it's about strategically positioning yourself for financial growth and stability. By understanding the benefits, carefully selecting properties, managing finances, and staying informed, you can unlock the potential of property investment and build a robust portfolio.

Remember, every successful property development investments NZ started with a single property and a well-thought-out plan. So, take the time to educate yourself, seek professional advice, and embark on your property investment journey with confidence. The rewards can be substantial, and with the right approach, your investment could become a cornerstone of your financial success.

[immigrationz]

Unlocking New Zealand's Potential: Optimize Your Investment with Immigration Adviser New Zealand

Discover the wealth of investment opportunities in New Zealand with Immigration Adviser New Zealand.

[provinciaaa]

Working with a Property Investment Company: 5 Benefits

One of the biggest advantages of working with a Best property investment company nz is that you can diversify your portfolio. This is important because it allows you to spread your risk across multiple properties and locations, which can protect you if one particular market takes a hit. 

[smartadviser]

Debunking Common Myths About the Need for Financial Advice

According to some Australian Securities and Investments Commission surveys and their reports, only 27% of Australians seek financial advice.

This is worrisome.

Financial advice nz is about strengthening your financial position to achieve your goals quickly. And research shows that 90% of people consulting nz financial advisers believe they are in a better financial situation because of the help.

So, here we will bust some myths that prevent people from seeking financial advice:

MYTH 1: GETTING RICHER AND GETTING HIGHER RETURNS IS ALL THAT ADVICE IS ABOUT

Building your money is one aspect of using financial advice nz, but it is by no means the only aspect. Some of the tasks we assist our clients with are listed below:

budgeting

investing

retirement planning

estate planning

insurance and taxation

MYTH 2: ADVICE ON MONEY IS ONLY FOR THE WEALTHY OR THE OLD

Absolutely not! Everyone can benefit from financial counsel if you're just starting and require assistance with debt structuring and family protection.

Maybe you're in the middle of your career and know that adjustments need to be made; you're no longer living paycheck to paycheck and are uncertain about your future financial situation or how to pay for your children's education. 

You can get support from a financial advisor through life's ups and downs.

MYTH 3: GETTING FINANCIAL ADVICE WILL COST ME MORE MONEY THAN IT IS WORTH

Yes! financial advice does have a price. Since you are paying for a professional service, it makes sense. 90% of research participants, however, claimed that getting financial guidance had improved their financial situation.

It costs money to invest in early and continuous education and stay current on trends, laws, research, and product changes. What we charge is a reflection of this research and the knowledge needed. 

MYTH 4: I DO NOT NEED ADVICE AS I CAN DO THIS BY MYSELF

You may think that you will be able to manage your finances yourself, but with all that education and focus on financial advice, won't a Financial Adviser do it better?

A financial adviser can help you feel confident that your plans are achievable and guide you on the correct path.

MYTH 5: I DON'T HAVE A COMPLEX ENOUGH SITUATION TO VALIDATE SEEKING ADVICE

Hopefully, you've realised by now that financial advice is for everyone, regardless of the situation. Whether you think your situation is complex or relatively simple, you may still benefit from financial advice in planning your retirement, managing super funds and investing with a purpose.

CONCLUSION

Financial needs vary in complexity depending on the individual. Regardless of your stage of life or financial condition, getting financial advice nz could make all the difference. It is crucial that you comprehend that the information above is broad in nature and does not consider your particular circumstances. You should think about whether the information is suitable for your circumstances and, if necessary, get specialised guidance from a financial expert.

Source From - Debunking Common Myths About the Need for Financial Advice

[so-much-for-subtlety]

The thing that gets me so worked up about universal healthcare is how people say that it will be so expensive for the tax payer.

This is long rant warning so I added a break lol.

The TLDR is that even in a low tax state like Florida, someone making 50k a year will have an effective rate of of 32% (for taxes, healthcare, costs for an undergraduate degree).

Someone making 50k a year in a 'high tax' country like New Zealand has an effective rate of 21% (for taxes, healthcare, costs for an undergraduate degree).

For an American and a Kiwi with the same salary of $50k, if they have the same disposable income, the Kiwi will be able to save an extra $75,000 over 10 years that they can use for a downpayment on a home to further build wealth.

Low tax states just have the costs shuffled to other places, you end up paying a LOT more for the same services.

Here's a comparison of someone who makes $50,000 a year in New Zealand and Florida (I chose Florida as an extreme example because they have 0% state tax rate) and each person makes $15,000 worth of purchases that are taxable.

New Zealand

$7,658 in combined income taxes and levies

$2,250 in taxes on $15k of purchases (15% sales tax)

Total of $9,908 - an effective total rate of 19.8% paid to taxes and purchases and healthcare

Florida

$7,945 in combined taxes (federal taxes, social security, medicaid etc)

$1,050 in taxes on $15k of purchases (7% sales tax)

$1,700 average annual health insurance premium for Florida

$2,060 average annual health insurance deductible for Florida

Total of $12,755 - an effective total rate of 25.5% paid to taxes and purchases and healthcare

Even in a low tax state, you're already have less take-home income than someone with the same salary in New Zealand.

But

... in New Zealand with your taxes you're also getting public education. It's not completely free, but costs are fixed, and you get one year of your undergraduate free, so for example a Bachelor of Arts would cost a total of $13,548 (USD $8,347)

If you can't pay that upfront, you can get a 0% loan from the government, which you don't need to start paying off until you earn at least $23k per year. For someone making $50k that would be an extra 6.5% deducted from your income ($270/month) until the loan is paid off (which would be 2 years and 8 months).

In Florida the average student loan debt is 25k and if you're making the same payments as someone in NZ ($270/month) then you'll be paying that off for 11 years. [Note: I believe that some private loan interest rates go as high as 15%].

Bachelor of Arts in NZ $13,548, paid off over ~2.7 years.

Bachelor of Arts in Florida $35,539, paid off over ~11 years.

So lets look at effective payments over 11 years (for simplicity salary stays at 50k).

New Zealand works out to be 21% effective rate over 11 years (including taxes, healthcare, and undergraduate degree).

Florida works out to be 32% effective rate over 11 years (including taxes, healthcare, and an undergraduate degree) - you're paying 52% more!

That means someone with the same income will effectively be able to save an additional $5,000 per year over 11 years, if they invest that extra amount and get a 5% return, the New Zealander will have savings of about $75k which they can use for downpayment for a home etc.

In conclusion, even though it may seem like you're getting a good deal in a low tax state like Florida, you end up paying soooo much more in healthcare and education costs compared to a country where taxes are a little higher, but you get public healthcare and education.

Why is the U.S. so expensive? Well once place to look is defense, intelligence, and police. In the United States this costs on average $3,700 per person. New Zealand spends $1,600 per person (USD ~1,000).

[gentlebeardsbarngrill]

06/03/2024 Daily OFMD Recap

TLDR; Rhys Darby; Taika Waititi; Samba Schutte; Nathan Foad; Anapela Polataiva; TellTaleAwards Round 2; AdoptOurCrew; June 3rd An Excellent Day: Trends; WeAreAllTaikaNow; RoboJenks; Other Fandoms; Menacing Memes; Articles about #DontStreamOnMax; NeurOFMDivergent Pride Week; FanSpotlight; Love Notes; Daily Darby/Tonight's Taika

== Rhys Darby ==

Throwback picture from The Cryptid Factor with Rhys and Buttons!

Source: The Cryptid Factor Instagram

== Taika Waititi ==

Quick crumbs of Taika on Rita's Instagram from her latest show!

Source: Rita Ora's Instagram

== Samba Schutte ==

Samba's rom-com Advanced Chemistry is premiering on June 26, 2024, 9:15 PM at TLC Chinese 6 Theatres Los Angelos CA! Get tickets here.

Source: Samba's Instagram

== Anapela Polataivao ==

Our fabulous Auntie has been appointed Officer of the NZ Order of Merit (ONZM) in this years King's Birthday Honours List! This is a prestigous position awarded for contributions to the Pacific performing arts! Congrats Anapela!

View this post on Instagram

A post shared by Pacific Islands Screen Artists (@pacificislandsscreenartists)

Source: The Coconet TV Instagram

== Nathan Foad ==

Nathan is feeling pretty saucy about another Billionaire planning to visit the Titanic Wreckage.

Source: Nathan Foad's Instagram

== Round 2 of TellTale Awards ==

TellTaleTv Awards Round 2!

The awards are open from June 3 - June 9! OurFlagMeansDeath, Rhys and Ruibo both made the next round! So did Deadloch and Deadboy Detectives, please be sure to get your votes in each day!

Source: Adopt Our Crew Twitter

== Adopt Our Crew ==

Our crewmates over at @adoptourcrew want to hold WBD Accountable! Check out their statement below!

Source: Adopt Our Crew Instagram

== June 3: An Excellent Day ==

Where the hell do I even start? Wow crew! Today was impressive! #DontStreamOnMax was trending on twitter, so was #SaveOFMD, there was so much polite menacing and massive aggression going around, it was wonderful to see.

= Trends =

The absolute darling @ twindy5 was kind enough to send me some trends just before posting this so we could see some of the latest numbers.

Source: twindy5 Twitter

Our crewmates over at NeverLeftPodcast caught #FireDavidZaslav as well!

Source: NeverLeftPodcast's Twitter

= We Are All Taika Now =

So one thing you don't want to miss is that apparently certain folks on twitter think that everyone fighting for Our Flag Means Death on Twitter is a Taika bot. So rejoice! If you wanted to be Taika Waititi, now you can be!

Source: @ pirateidiot's twitter And everyone rolled with it!

Source: DagaNaranjade's Twitter

= Long Post Is Long - See More Below The Cut =

= RoboJenks =

Okay so there was some speculation because an account named "David Jenkins" started getting into the fun with everyone today (but not Chaos Dad's account). Many folks thought it was a bot that maybe somehow got attached to our trends, but I read back to when the account was created back in January and they've been around a bit. They've hopped on the bandwagon against WB for quite some time (for CoyoteVsAcme, etc) so it's still possible they're a bot, but hard to tell for sure. What did cause some excitement was Chaos Dad then blocked them.

Source: @meowzawowza_ on Twitter

= Other Fandoms =

One of the other exciting things that happened today was just how many other fandoms outside of OFMD Twitter decided to jump on the bandwagon for #DontStreamOnMax. Even the SnyderVerse folks got into it!

Source: @ BatFleckMovie's Twitter / @ seven_sugars on Twitter

= Menacing Memes =

Sources: @xxprincess1x's Twitter / @ love4ofmd's twitter

= Articles Covering the Polite Menacing! =

Q+Magazine Article

Source: Q+Magazine Twitter

Daily Caller Article

Digg.com Article

Source: Adopt Our Crew Twitter

NerdStash Article

Source: Nerdstash.com

‘Don’t Stream On Max’ explained: Why people are boycotting the streaming platform

Is Warner Bros. Discovery Inc (WBD) worth investing in despite its overvalued state?

== NeurOFMDivergent Pride Week ==

The lovely folks over at @neurofmdivergentprideweek were kind enough to allow me to share some info for the upcoming Week!

"What is NeurOFMDivergent Pride Week?

NeurOFMDivergent Pride Week is a week-long Our Flag Means Death fan event for creating & sharing fanworks focused on neurodivergent experiences. There are prompts for each day, but any content relating to OFMD and neurodivergence is welcome."

Wanna learn more? Please visit them here on tumblr!

Source: NeuroOFMDivergent Pride Week's Pinned Post

== Fan Spotlight ==

= Cast Cards =

Today's Cast Cards are Lily Riley, "head guard" of The Red Flag, she had the distinct honour of being knocked out with chamomile! and also one of our lovely writers-- Natalie Torres!

Source: @melvisik's Twitter!

= Pride Month =

Gonna try to keep up some spotlights from the fans with Pride month! Tonight's spotlight is the absolutely stellar @blackbeardskneebrace with some adorable Peanuts style of our favourite pirates! Peanuts T4T Ed/Stede / Peanuts Polycule

== Love Notes ==

Hey lovelies. Today we are all Taika. You're Taika-- I'm Taika, all of us are Taika! And you know what Taika does? He gets some sleep, and he eats good food and drinks plenty of water!

You know what else he does? Laugh, and cry, and joke, and enjoy life! And even further-- he is kind and he is thoughtful, and he is proud of the work he does, and so you should be too! Goodnight Taikas, I hope you sleep well and wake up refreshed tomorrow. So proud of you <3

== Daily Darby / Tonight's Taika ==

Tonight's gifs courtesy of the always lovely @darkinerry and @thunderwingdoomslayer

[constructionloansnz]

Simplified Construction Loans for Stress-Free Building Projects!

Simplified Construction Loans for Stress-Free Building Projects! At Construction Loans NZ, we understand that building your dream home or embarking on a new construction project can be daunting. That's why we offer simplified construction loans designed to make your experience as stress-free as possible. 

Our expert team works closely with you to tailor financing solutions that fit your unique needs, ensuring a smooth process from start to finish. With competitive rates, flexible terms, and personalised service, we make it easy to turn your vision into reality.  

For more information, visit our website at www.constructionloans.co.nz or Contact us at 0800 100 300

[classicpropertynz]

Exploring the Future: New Housing Developments

In the ever-evolving landscape of urban and suburban life, the concept of new housing developments holds a special allure. These Auckland new housing developments represent more than just the construction of buildings; they symbolise progress, innovation, and the promise of a better future.

From sleek condominiums in bustling city centres to sprawling estates in tranquil suburbs, new housing developments cater to a diverse array of lifestyles and preferences. Let's delve into what makes these developments so significant and how they are shaping the way we live.

Embracing Modernity

One of the most striking aspects of new housing developments is their emphasis on modernity. These projects often feature cutting-edge architectural designs that blend seamlessly with their surroundings while incorporating the latest in sustainable building practices.

From eco-friendly materials to energy-efficient technologies, developers are increasingly prioritising environmental sustainability. This not only reduces the carbon footprint of new constructions but also enhances the quality of life for residents.

Creating Communities

Beyond their architectural feats, new housing developments are instrumental in fostering communities. Planned with meticulous attention to detail, these developments often include communal spaces such as parks, fitness centres, and social hubs.

These amenities encourage interaction among residents, promoting a sense of belonging and camaraderie. Moreover, developers recognise the importance of diversity and inclusivity, designing neighbourhoods that accommodate people from all walks of life.

Meeting Diverse Needs

Another compelling aspect of new housing developments Auckland is their ability to cater to diverse needs. Whether you're a young professional seeking a vibrant urban lifestyle or a family in search of a safe and nurturing environment, there's a development tailored to your requirements.

Many projects offer a range of housing options, from compact apartments to spacious single-family homes, ensuring that everyone can find their ideal living space.

Enhancing Quality of Life

The impact of new housing developments extends beyond aesthetics and functionality; it significantly enhances the overall quality of life for residents. These developments often contribute to the revitalisation of neighbourhoods, attracting businesses, schools, and recreational facilities.

Improved infrastructure and transportation options further bolster convenience and accessibility, facilitating easier commuting and connectivity to essential services.

Investment Opportunities

From an economic standpoint, new housing developments represent promising investment opportunities. The demand for housing continues to outstrip supply in many regions, making real estate a sound investment choice. Developers and investors alike recognise the potential for growth and profitability in these burgeoning markets, driving further innovation and development.

Challenges and Considerations

While new housing developments offer numerous benefits, they are not without challenges. Issues such as affordability, gentrification, and community integration require careful consideration and planning. Developers must navigate regulatory frameworks and environmental concerns to ensure sustainable growth and responsible development.

Looking Ahead

As we look to the future, new housing developments will play a pivotal role in shaping our cities and communities. Innovations in design, construction techniques, and sustainability will continue to drive the evolution of these developments.

Moreover, as societal needs and preferences evolve, so too will the concept of housing, with developments adapting to accommodate changing demographics and lifestyles.

Final Words

The property investments services NZ represent more than just buildings; they embody progress, community, and the promise of a better tomorrow. Whether you're drawn to the sleek urban landscapes or the tranquillity of suburban life, these developments offer something for everyone.

As we embrace innovation and sustainability, new housing developments will continue to redefine the way we live, work, and interact with our surroundings. They are not just structures; they are symbols of hope and opportunity, shaping the future of our cities and communities for generations to come.

[fairywithgremlintendencies]

Palestinian Aid Link Post!! 🍉

I will continue to add to this.

• Donate with just clicks, one per day to help the Palestinian people:

• Use this doc as an email template for MPs if you live in New Zealand. Contains a list of MP emails. Can be used as a guide for those outsude of NZ too.

• [UK Focused] Linktree with the following recources: Where to learn more about what is occuring, where to donate, petitions to sign [3 for the UK govt and 2 general change.org petitions], email templates [all relating to the UK] , BDS /boycott, divestment, sanctions [what brands to boycott, investigate your investments, etc]

• 6 ways you can support Palestinians in Gaza: [US centred but useful in general]

• [US] Write to your member of congress via this form:

• How people in New Zealand can help people in Palestine: petitions, charities, email template for the media and MPs, list of MPs and media, rallies in NZ, what to read/watch, accounts to follow on Instagram

• Linktree: calendar of resistence, how to stay safe when protesting, join a protest near you, donate, petitions and pre written emails to send [multiple websites]

• detailed post with education recources and ways to support the cause and contribute

• Help these Palestinians

[immigrationz]

Investment Immigration NZ

Discover lucrative opportunities for Investment Immigration NZ. Our experts guide you through the process, ensuring a smooth transition.

know more: https://nzimmigration.info/investment-options-in-new-zealand/

[sapphia]

The Right Are Engineering A Recession In NZ

tumblr isn't very good at local news, which is why i tend to get my nz politics information from elsewhere. so i can confidently tell you that aotearoa under national is totally, utterly fucked. like, not just in terms of all the social progress they plan to undo, though they do very much do plan to do all of that.

national+act+nzfirst have committed to a financial policy that makes zero fucking economic sense. you know how every time the economy is in bad shape, tories sieze the good economic opportunity to slash services or give tax cuts to the rich? imagine if that was happening for just no reason at all. there’s no crisis we’re facing this would even marginally help, but that's what nact+nzfs tax cut policy is anyway.

aotearoa is currently in a cost of living crisis, like much of the world, and our inflation is, to give it it's technical term, "sticky". This means that it's not still shooting up the graph like crazy, but it should have started to go down more by now according to predictions, but it hasn't, and is sitting at an unsustainably high level.

Inflation is bad because it eats away at the value of your money (not something you want generally) but this inflation is especially bad because it's inflation we created to ward off a recession back in 2020. NZ had the hardest and fastest lockdowns in the world, but at a huge cost -- our economy basically stopped overnight. Without goods and services being bought and sold, we would have been plunged into a financial crisis. But instead the government borrowed money to fund the wage subsidy and pay workers through the lockdowns, injecting money into and stimulating the economy.

This was a bill that was always going to come back to bite us, and for the past several years, the Labour government and the Reserve Bank had been playing a balacing game with our economy, steering us between a recession and a wage-price inflation spiral, with a recession definitely being the preferable one of the two. We actually had short soft one that we’ve come out of, exactly what Grant Robertson and Adrien Orr were aiming for.

Recessions can be small or big - inflation spirals are usually just big. We wanted to aim for a "soft" landing recession by hiking interests rates just enough to bring inflation back under control. The Reserve Bank uses it's tool - the Official Cash Rate, or the OCR, which basically sets the price of interest rates across the country, and the government also can use it's powers to create monetary policy to help the economy. A lot of the criticism Labour received before losing the election was about overspending in areas post-pandemic, as putting money into the economy through government spend by using debt to fund it genuinely causes inflation.

What a government should do during a time of inflation is remove money from the economy. For example, a right wing government would often issue an austerity policy, where the cut the amount of government spending through slashing programmes, benefits, staff, etc etc. A government could also increase taxes so people have less money to spend, could pay down government debt, could invest the money into a fund (e.g. NZ has a superannuation fund that's designed to be eventually self-funding set up by Labour that National have paused payments on when getting into government). It doesn't matter too much what, theoretically speaking -- the point is to get the money out of the economy.

What you definitely, definitely don't want to do during a period of high and sticky inflation is put more money into the economy. That would do the opposite of what you want. Labour were rightfully (at some points) criticised for their inflationary policies. So you'd think National would take their criticisms of Labour’s debt blowout and start paying it down to show how responsible they are, right? No, they’re cutting taxes for (mostly) the wealthy while offsetting this with austerity measures to make this “fiscally neutral”. They will make up for the inflationary effects of doling out money to landlords by cutting back essential government services, trying to frame it as a personnel and budget blowout (it’s not) and saying Labour mismanaged the books and we are in terrible financial shape (we are not; we have a triple A credit rating).

And further, it’s becoming increasingly hard to ignore our infrastructure crisis at nearly every level and every location. Our water systems needs billions of dollars of investment that our councils can’t afford to borrow, our rates are shooting up (and so will our rents), our ferries are old and broken down and Nicola Willis Minister of Finance just canned the “too expensive” deal that was needed to replace them — with most of the money going to into wharf upgrades that are desperately needed. There was a huge sunk cost; we’re not going to be able to to buy shit now. The ferries link the North and the South Island and are vital infrastructure; when they break down (which they did multiple times last year) it causes chaos and brings things to a standstill.

Why are they doing this? Land. It’s always about fucking land. All of National have divested in shares and have bought into land under the guise of this removing the “conflict of interest” that would exist if they had invested into specific companies. The usual alternative that solves this is a blind trust, but that’s not what most of the caucus has money in. Luxon alone sold about 12 million dollars worth of Air NZ shares and now has a property profile worth 20+ million. Oh, and he’s charging the taxpayer $50,000 a year to live in his own house. Thats 2.5 times what I get on the benefit that he’s cutting and putting sanctions on.

Nact don’t care if businesses go under and share prices crash; they’ll just sell their houses and buy stocks for cheaper. Their only concern is propping up the housing market ponzi scheme that they have all invested at the top of. This is why they’ve allowed councils to opt out of densification requirements and why they cut back the brightline test and are trying to boost the population with migrant workers; all of these things make house prices go up, make housing better for investors who make millions in untaxed capital gains.

NACT will not let the property market crash any further. Despite what they’re saying out loud, they actually want it to increase.

And they’re more than happy to wreck the economy to do it.