The Dim-Post

July 10, 2016

Policy development in New Zealand

Filed under: Uncategorized — danylmc @ 12:26 pm
  1. Greens release policy. National dismisses it as ‘barking mad’.
  2. Labour releases identical policy. National insists that it won’t work, and also that they’re already doing it.
  3. Labour loses an election, blames the policy and rules it out.
  4. National introduces policy, praises selves for sensible prudence.

27 Comments »

  1. You’re missing out the step where an OIA request released weeks after National introduces the policy reveals that it received policy advice recommending the adoption of the Greens’ original policy years previously – which it buried with a stern “don’t tell us this again”.

    Comment by Flashing Light — July 10, 2016 @ 1:23 pm

  2. Somewhat oversimplified, Danyl. National policy is only the sensible parts of the Green policy – all the barking mad bit have been removed. After all, not even the Greens can totally screw up a good policy🙂

    Comment by macdoctor01 — July 10, 2016 @ 1:40 pm

  3. “After all, not even the Greens can totally screw up a good policy”- well thats true now that Sue Kedgley has ‘moved on’

    Comment by ghostwhowalksnz — July 10, 2016 @ 2:30 pm

  4. pretty much sums it all up. The labour housing announcements are either so poorly researched and thought through that they must have been made up over a beer last week as its exactly what National are doing or they really are the laziest opposition of all time and god help us if they get elected because they will be a s surprised as a british PM after Brexit day and no =t really know where to start.

    Comment by David — July 10, 2016 @ 2:45 pm

  5. It doesn’t matter how incompetent Labour are. They couldn’t possibly drop us into their third world faster than National, who are extremely competently transferring public money and assets to their mates.

    Comment by KJT — July 10, 2016 @ 5:43 pm

  6. TL:DR – the Greens rule, Labour and National suck

    Comment by Ortvin Sarapuu — July 10, 2016 @ 7:23 pm

  7. By George, Danyll, you’ve got it!

    That’s why Labour and the Greens haven’t got a shit’s show in hell of winning an election in my lifetime.

    Oh yeah, I intend to be here in twenty years time, if my aching ribs haven’t killed me.

    You guys are the best entertainment since Laurel and Hardie.

    Comment by Adolf Fiinkensein — July 10, 2016 @ 8:12 pm

  8. Which policies have national stolen off Labour? The greens don’t do themselves any favours , silly things like the drinking hours during the rwc , letting one of their mps openly discuss homeopathy [water ] curing ebola and Turei saying on a panel discussion she wants house prices to drop dramatically make it easy to believe what they say is barking mad.

    Also weird comments like KJTs about ntional [the great satan] don’t really stack up in light of pesky things like evidence. http://www.numbeo.com/quality-of-life/rankings_by_country.jsp

    Comment by Cliff Clavin — July 10, 2016 @ 9:40 pm

  9. It’s almost like there’s an effective MOU between Nats and Greens.

    Comment by NeilM — July 10, 2016 @ 10:41 pm

  10. The system works!

    Comment by gazzaj — July 10, 2016 @ 11:51 pm

  11. Turei saying on a panel discussion she wants house prices to drop dramatically make it easy to believe what they say is barking mad
    I love how it’s barking mad to suggest that that housing speculators might have their profits threatened, but Mr Key’s solution of letting wage inflation gradually catch up with house prices that are already 10x the median wage and are still accelerating away in Akld is seen as sensible and pragmatic.

    Comment by McNulty — July 11, 2016 @ 7:49 am

  12. “First they ignore you, then they laugh at you, then they fight you, then you win.” Mahatma Gandhi

    Comment by unaha-closp — July 11, 2016 @ 9:16 am

  13. McNulty if Tureis comments were sensible I doubt she would have backtracked and apologised the next day.

    Comment by Cliff Clavin — July 11, 2016 @ 10:51 am

  14. McNulty if Tureis comments were sensible I doubt she would have backtracked and apologised the next day.

    You are conflating “sensible” with “politically acceptable”. That seems an odd thing to do.

    Comment by Andrew Geddis — July 11, 2016 @ 11:11 am

  15. You are conflating “sensible” with “politically acceptable”. That seems an odd thing to do.

    Making that point seems an odd distinction for this audience🙂 (I realize that the previous sentence can have two meanings but both I think are valid.)

    Comment by Robert Singers — July 11, 2016 @ 2:07 pm

  16. Interesting , you think wiping thousands off the only asset most people own that actually is an investment is a sensible thing to do. While it’s fashionable ito demonise property investors/ speculators ( aka nationals rich mates) how many homeowners do you think will be financially ruined by ham fisted attempts to try and punish speculators ?

    Comment by Cliff Clavin — July 11, 2016 @ 2:58 pm

  17. Interesting , you think wiping thousands off the only asset most people own that actually is an investment is a sensible thing to do.

    Depends on how you look at it really.
    If you take a purist view, no-one is forcing homeowners to pay over the odds for property – it is a choice.
    And, as someone else noted on another thread, if you bought more than a couple of years ago, while to probably paid an inflated value at the time, any gains made in the interim are purely speculative thus losing then would be imaginary (unless of course you are one of the fools who decided to take out further debt on the expectation that your house is magically “worth” more just by virtue of existing).

    Comment by Gregor W — July 11, 2016 @ 4:03 pm

  18. You are conflating “sensible” with “politically acceptable” Guilty as charged.

    how many homeowners do you think will be financially ruined by ham fisted attempts to try and punish speculators None. They will still have a roof over their heads. It will just be worth a bit less on paper. Nothing will change for them unless they have foolishly continued to borrow against their inflating asset and find themselves unable to service an unsustainable mortgage. If, however, they are leveraged to the hilt in the foolish expectation of perpetual capital gain, they will be in shit street. But they’ll also be speculators.

    Comment by McNulty — July 11, 2016 @ 4:11 pm

  19. Isn’t the real risk of a collapse from rising interest rates due to inflation? In that sense, the current deflationary world economy due to the suppressed demand from enfeebling the purchasing power of everyone except the rentier classes is good policy. A 1% rise in mortgage rates on a million dollar mortgage would instantly bankrupt thousands of the middle class.

    Comment by Sanctuary — July 11, 2016 @ 6:40 pm

  20. A 1% rise in mortgage rates on a million dollar mortgage would instantly bankrupt thousands of the middle class.
    Sorry all you middle class borrowers out there, but if a 1% rise in interest rates is gonna bankrupt you, you are well and truly overcommitted already.

    Comment by McNulty — July 11, 2016 @ 6:56 pm

  21. Sorry all you middle class borrowers out there, but if a 1% rise in interest rates is gonna bankrupt you, you are well and truly overcommitted already.

    Exactly. People should be smart enough to do their own “stress tests” re mortgage repayments before taking on debt. It’s a voluntary contract after all.
    I suspect though that in the event of a big washout, politicians may step in, if nothing else to avoid alienating a huge chuck of their voting base – moral hazard be damned.
    Whether stepping in entails asking banks to take a haircut on bad debt or compelling easier terms of repayment will be interesting.

    Comment by Gregor W — July 11, 2016 @ 10:28 pm

  22. Um, the responses to this post soon got diverted, but surely the basic point is a strong one, or are some of you saying it was sheer random coincidence in the universe that National copied Labour’s policy of forgoing HNZ dividends? In fact so crude has it got that they were happy to do it within hours when normally it would still happen, but take years.

    http://www.stuff.co.nz/national/politics/81971004/government-to-forego-housing-nz-dividend-payments-after-copping-criticism

    Comment by Joe-90 — July 11, 2016 @ 10:38 pm

  23. Oh, Joe-90, don’t you read Steven Joyce’s tweets? Apparently “Crown agencies provide new forecasts at this time every year”, so nothing to do with Labour/Green policy. Nothing at all. Nope. Not a bit. Next question … .

    Comment by Flashing Light — July 12, 2016 @ 7:47 am

  24. My bad – and every year at this time the Government makes identical spontaneous decisions around the actions they will take based on that advice. Even in the school holidays.

    In fact really the question should go back on to Little – why, the day before the Government was set to announce it would forgo HZ dividends, did you announce the same policy?

    So it actually works in reverse Danyl – the Greens and Labour copy National by announcing National policies ahead of National, and all the questions should go back on them. Indeed as have all questions any time anything is going wrong for this Government – it’s always Labour’s fault isn’t it? You’d almost think Labour was actually running the show.

    Comment by Joe-90 — July 12, 2016 @ 8:38 am

  25. Step 3 should be “Curia polling shows support for the policy by swing voters”

    Comment by Brent — July 12, 2016 @ 11:53 am

  26. Joe 90. Been Green policy since before the last election!

    Comment by KJT — July 15, 2016 @ 11:44 am

  27. Cliff Clavin — July 10,
    Don’t worry, our Government are trying to drop us in quality of life rankings as fast as they can go, while still getting elected.

    Comment by KJT — July 15, 2016 @ 11:46 am


RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Create a free website or blog at WordPress.com.

%d bloggers like this: