Search Results for “Housing” | Page 4

Reserve Bank Warns of risks to financial stability

Gareth MorganMay 19, 2015Economics

The Reserve Bank has pointed out the key threats to the financial stability of our economy; housing investors in Auckland and the risk that some dairy farmers could be under the hammer if prices stay low. They are stating the … Read More

Labour – focusing on the ‘Wong’ things

Geoff SimmonsJuly 13, 2015Economics

Labour has got itself in a tangle over their ‘leak’ of Auckland housing data. Putting aside the politics of playing the race card, are they right? Foreign buyers may well be contributing to the Auckland housing crisis. But should it … Read More

Capital Tax the Best Option for Economy

Gareth MorganJanuary 31, 2012Tax and Welfare

In its election campaign Labour promoted a capital gains tax. That at least recognises that we have a terrible hole in our tax base, and what results is a misallocation of capital to the detriment of the economy.

London property market: Is this a glimpse of Auckland’s Future?

Geoff SimmonsSeptember 20, 2015Tax and Welfare

Catching up with friends living in London the stories are remarkably similar to those in Auckland but on a whole other level. The city is awash with tales of hard working young people unable to save fast enough to get … Read More

Cullen’s Tax Working Group: High on politics of envy, low on economic literacy

Gareth MorganMarch 13, 2019Tax and Welfare

Tax Working Group head, Michael Cullen, asserts that the capital gains tax (CGT) is best described as a “tax on capital income”. Since when have capital gains been income? Show me any country’s national income accounts that include them in … Read More

Reserve Bank solution misses the point

Gareth MorganJune 18, 2013Economics, Property

Remedy for New Zealand’s housing bubble needs to focus on curbing investors’ enthusiasm for property. The Reserve Bank has announced it will lift the ratio of deposits to loans in order to take the heat out of the housing market. … Read More

Five reasons why we close the GST loophole but leave others wide open

Gareth MorganMarch 17, 2015Tax and Welfare

To paraphrase the Southern Man: She’s a hard road to find the perfect tax system, son. Inland Revenue, local retailers and our politicians are getting hot under the collar about all the revenue being lost on GST from small online … Read More

No Clemency

Gareth MorganJuly 14, 1992Property

Gareth Morgan, Director of Gareth Morgan Investments Robin Clements’ defence of his affordability index is inadequate. My dictionary describes affordability as “the position of being able to do something without adverse consequences”. On this measure of basic English comprehension the … Read More

Queenstown – 100% Purely full

Geoff SimmonsSeptember 12, 2016Economics

Queenstown – 100% Purely full The focus and debate lately has been on Auckland, which is bursting at the seams with population growth and an average housing market topping $1m. However, there is one area of the country that is … Read More

Towards an orderly and long term solution of the property bubble in Auckland

Gareth MorganJuly 28, 2016Economics

Auckland’s revised Unitary Plan looks good – realistically up and out is the only way the supply bottleneck can be addressed. But supply failing to keep up with demand is not the underlying cause of the property bubble in Auckland. … Read More

One dumb regulation is driving up the cost of your house and your flat white

Gareth MorganJuly 22, 2015Environment

We’ve been pretty critical of the Productivity Commission in the past for endorsing more sprawl as a response to the housing crisis, but their Using Land for Housing draft report released a couple of weeks ago gets some things dead … Read More

Why we can’t get interest rates down and make things cheaper for you

Gareth MorganSeptember 26, 2014Economics

The Reserve Bank Governor Graeme Wheeler has dubbed the strength of our exchange rate “unjustified and unsustainable.” Ultimately the problem lies with his own policies, together with the refusal of the Government to tax the income from capital. According to … Read More

2016 Pre Budget Podcast: Gareth Morgan and Geoff Simmons

Gareth MorganMay 20, 2016Economics, Tax and Welfare

Some of our readers have suggested we give podcasting a go, so here is our first one. In this first episode, Geoff quizzes me on the upcoming Budget with a focus on Pharmac, conservation, tourism and of course, housing.

Who’s New Zealand’s real rich? The results may surprise you

Geoff SimmonsNovember 8, 2015Economics

Over the weekend Max Rashbrooke’s latest book Wealth and New Zealand was released, giving a rare insight into the wealth of New Zealanders. We don’t see this sort of information very often because of lack of data. Because we tax … Read More

Time for an OECD check up

Geoff SimmonsJune 10, 2015Economics, Tax and Welfare

Today saw the release of the OECD report about Aotearoa New Zealand. As a part of being part of the rich countries club, we get a regular economic check up from the OECD doctor. So, everyone please pop on this … Read More

Tax Revamp Not About Pulling Rich Down

Gareth MorganSeptember 13, 2011Tax and Welfare

Gareth Morgan and Susan Guthrie, Authors of The Big Kahuna If website traffic is anything to go by, our previous articles on the widening income gap in New Zealand, and the type of reform needed to address it, have generated a … Read More

NZ Home ownership dreams – Campbell Live with Gareth Morgan

Gareth MorganMay 15, 2012Economics, Media

Following on from the other weeks post on house prices being a cancer for the economy here is a segment about housing affordability aired on Campbell live the other night.

5 Steps to Developing Evidenced-Based Immigration Policy

Jess Berentson-ShawApril 27, 2017Uncategorized

In the clear absence of reasoned discussion about New Zealand’s immigration policy of late, racism has reared its ugly head (though it is debatable whether it ever went away). Triggering the basest nature of humanity, fear, or ignorance never makes … Read More

Budget 2016: Fingers in the Dyke

Geoff SimmonsMay 26, 2016Economics, Politics, Tax and Welfare

This year’s budget takes boring to a whole new level. It contains the bare minimum to keep the media wolves at the door and to set the Government up for election year. The only real surprises are some money for … Read More

Can the government really kickstart regional economy?

Geoff SimmonsSeptember 10, 2014Economics

Over the last few weeks a range of economic development policies have emerged from across the political spectrum. They vary from the weird to the wonderful, but all of them suffer from the same problem – the delusion that the … Read More