Newshub’s coverage of TOP Policy #3: Polluters Pay contained the usual responses from the usual suspects, such as Fed Farmers, which we will look at tomorrow. Most extraordinary was the response from James Shaw at the Green Party – that reducing stock numbers in certain catchments wasn’t economically viable. He was later contradicted by his Environment spokesperson who claimed they also advocated fewer cows, but for now let’s take the comment at face value. There is plenty of evidence that in many cases de-stocking may be possible without any loss in farm profit.Read more
Met a builder out on a stroll this weekend, told me how much he liked TOP’s flagship policy on closing income tax loopholes.
“I’m sick of working for buggers who want me to quote a price for a “cashie” on their mansions”, he said, “They are proud of how little tax they pay, how the property market has made them rich. It sticks in my craw to think these guys, who are just so well-off, can’t get cheating the tax system out of their minds, it’s sick”.Read more
The sudden departure – and now fast fading memory – of John Key’s term as Prime Minister, reminds us that even the most popular of politicians can, within a few weeks, be nothing in the public consciousness. Before he disappears totally from our attention however I think an assessment of his legacy is relevant as a setting for where New Zealand governance heads next.Read more
The Opportunities Party (TOP) has begun the registration process with the Electoral Office. Party leader Gareth Morgan commented that with the change in the electoral landscape there was a possibility that an early election could be called and for this reason the decision had been made not to wait until March.Read more
While most New Zealanders agree that making New Zealand fair again is a priority – there is, amongst those reluctant to invest to make that happen, a common theme. It is best described as the denial of a portion of the babyboomers and older (those aged over 53). There is a cohort of this group who fall victim to intemperate and righteous indignation at the suggestion that they have had a free ride and that has driven in the rise in inequality.Read more
Take 8% of your gross income, and that’s your tax cut. Take 1.5% of the equity in your house and that’s the additional tax to pay. This gives you roughly (and I mean rough) the order of magnitude of how closing the loophole in the income tax regime affects you.Read more
The Opportunities Party has released its first two policy priorities – making New Zealand fair again and boosting incomes by limiting immigration and increasing its quality. Here’s the logic for you to contemplate over Christmas.Read more
We’ve had some questions about our immigration policy TOP Policy #2: Smarter Immigration released last week. Remember the TOP test for immigrants is: if you can improve our standard of living we welcome you. If not, thanks but no thanks.
One particular issue we raised is that we have too much low skilled, temporary migration. There are signs that this level of temporary migration is having an impact on the bottom end of our labour market, and we will set out the evidence in this blog.Read more