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NZ Budget 21 discussion

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  • NZ Budget 21 discussion

    Hi All,

    Are we surprised with the budget?

    For me, it's created a lot more questions than answers. Where's the incentive to create jobs? And why get a job when soon you could be better of by $55 a week ($2860 a year).

    David Seymour for Prime Minister!

    In his words.....
    "This budget does nothing for middle NZ - the battlers who work ..."

    "I'm calling this the La La budget because the Gov't is in La La Land - ignoring reality."
    There's no detail on the plan for increasing housing supply. Mention of a massive infrastructure project - and a Maori housing project but where's the commitment to build homes to meet the demand for all Kiwis? Homes for first home buyers, homes for renters, social housing. Hard to fathom this was not front and centre given recent demand focused policies.

    How's the economy really going to stack up to expectations when pay freezes will send our best and brightest offshore as soon as they can and the Gov't is not investing big in construction like the UK, USA etc.

    Keen to get your thoughts....

    cheers,

    Donna
    Last edited by donna; 21-05-2021, 10:35 AM.
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  • #2
    The really good news is that rents will be able to be increased by $55pw...
    The three most harmful addictions are heroin, carbohydrates and a monthly salary - Fred Wilson.

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    • #3
      ^^ Ha - I like your positivity.

      cheers

      Donna
      SEARCH PropertyTalk, About PropertyTalk

      BusinessBlogs - the best business articles are found here

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      • #4
        An extra $110pw for couples...
        Almost covers the new rent taxes.
        The three most harmful addictions are heroin, carbohydrates and a monthly salary - Fred Wilson.

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        • #5
          To be honest it barely covers the rent increases recently that have been solely due to their anti landlord policies. It just leaves them treading water.

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          • #6
            Originally posted by donna View Post
            Hi All,

            - - - And why get a job when soon you could be better of by $55 a week ($2860 a year).- - -

            Keen to get your thoughts....

            cheers,

            Donna
            Mostly to improve the quality of life, I would think.
            Even the most basic job would generate many times more disposable income than any form of govt support.

            I havn't done the numbers, it's just a guess.
            What is the average Auckland wage compared to the standard support payment?

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            • #7
              ^^ I don't know the math - but I find it odd that Grant says the $$ to beneficiaries would encourage them to spend and that would somehow improve our economy.

              I'm all for investing in 'every kiwi' so they're not dependent on handouts.

              Investing in jobs, encouraging entrepreneurialism, no.8 wire stuff etc. Take a look at how the UK Budget was presented - it's all about building the economy through investing in business and supporting 'workers'.


              cheers,

              Donna
              SEARCH PropertyTalk, About PropertyTalk

              BusinessBlogs - the best business articles are found here

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              • #8
                Originally posted by donna View Post
                ^^ I don't know the math - but I find it odd that Grant says the $$ to beneficiaries would encourage them to spend and that would somehow improve our economy.

                I'm all for investing in 'every kiwi' so they're not dependent on handouts.

                Investing in jobs, encouraging entrepreneurialism, no.8 wire stuff etc. Take a look at how the UK Budget was presented - it's all about building the economy through investing in business and supporting 'workers'.


                cheers,

                Donna
                Sure, its good to get people busy and productive.
                The design of the human body, with such big legs,dexterious hands and high enegery oxygen matabolisim is a big clue that we were built for action.

                Theres practiaclly no difference between passive income through investing vs sitting on your ass smoking weed all day.
                (I'm sure those are the extreems in both cases).

                The only real differences are, where the money enters the system, and how many hands it goes throug before it cycles back around.
                He's just widend the circulatory path to include people with fewer assets.

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