Hosking on the turn around in immigration

Mike Hosking’s editorial yesterday was about the turn around in immigration, another crisis that was solved by Labour declaring it was a crisis.

Can I make a small plea to not make the same mistake as last time?

We appear this week to be in receipt of some more good news. The good news involves our migration rate, which is at its highest in more than a decade. 36,400 migrants arrived in the year to March.

Further, I have more good news which I suspect shows the two are connected. The bloke who came up with the term “the rock star economy” has added to his commentary by suggesting he feels good about that prediction. His company that made the call about our progress thinks they were right and by and large we’re “rocking on”.

So one can safely assume that people all over the world have seen this sort of commentary. The word has got out and so the queue has started to form to get into the country.

Now last time (and sadly it wasn’t that long ago) that the numbers started to look pretty flash, instead of celebrating the moaners and lefties all started freaking out and turned the good news into a worry fest by suggesting all these people were nothing but trouble because all they’d want to do when they got here was get a job, earn money and buy a house.

It leads me to ask the question – do you reckon were about the only country on the planet that could take such good news and somehow try and turn it into a negative? And in trying to turn it into a negative, had no one noticed that we might just be a bit under populated and there were no shortage of countries all over the world of exactly the same size as us who had a heap more people and were doing just fine thank you?

Not all of us Mike, just the leftie moaners and whingers, no wonder they are polling in low 20s.

One of the reasons they were doing just fine is that when you have more people they do indeed want more stuff. So that’s where the jobs and growth come in by providing them with more stuff. More cars, houses, clothes, food, things to do, places to see, things to fill their time with. And all of that comes out of people who make and produce those things working harder and longer, opening more shops and factories, hiring more people and paying more money.

It’s called growth. People fuel growth. If there are 10 people in line for your wares, once they’ve bought them they either have to line back up or you need to find something else to sell them. If there are 100 people in your line, you’re doing more business.

My only regret about migration is we don’t get icky and choosy on New Zealanders returning. I am sure there were many who left who quite frankly we were never going to miss. So having naffed off, a rule that filters those wanting to return might not see us with a bunch of deadbeats returning, having their head turned once again by the bright lights of success but in reality unable to participate. They bring the same thing back they took out in the first place – nothing.

Let us embrace all this. Let us see this record, these numbers the way they should be seen – as a tangible example that as the good economist from the HSBC says as a country that is “rocking on”.

Yes we are, recovering from the GFC and building a vibrant economy.

Do voters really want to risk all that.

I suspect not.

 

– NewstalkZB

 


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  • Quinton Hogg

    Cam, the last three sentences of your post summarise exactly what the Nats Policy statement should be.
    Keep the electorate focussed on that an they will romp in.

  • OhopeBeachBuoy

    Astounding that basic economics has to be explained in such simplistic terms to lefties (who view capitalism and commerce as evils, anyway).

  • Michael_l_c

    The one repeating fault of how the immigration policies work are that too many ‘dodgy’ immigrants are let in & allowed to stay.
    I really don’t see any electoral downside to any party getting tough on the baddies.

    • Elinor_Dashwood

      What exactly is the data that supports the statement that “too many dodgy immigrants are let in and allowed to stay”?

      • Michael_l_c

        The muslim ‘religious leader’ at the Avondale Islamic Centre who with his family have caused lots of trouble. He refuses to work & claims benefits. Sure u have seen it in the paper.
        The somali who shot his wife in Hamilton because she was leaving him.
        Give me time I could remember more examples & I am sure you can.
        Yes there are born in NZ or immigrants that have been here many years that go bad but lets start some where.

        Just thought of another, the somali he broke into a house to rape the occupant because he wanted to be deported back to somalia. In the papers a week ago.

  • Geoff Vader

    I’ll start by saying I’m not a big fan of Hosking. His performance on ZB during the America’s Cup, for example, was extremely poor and just plain wrong. Unbelievably arrogant. So I don’t pay much attention to him but it gives me the opportunity to write the following:

    As for this rock star economy – in many respects I don’t really see it. Sure, house prices are rising in areas such as Auckland and Christchurch, but in plenty of other areas most certainly are not. With the bank ads all over radio at the moment it’s clear much of the spending is being done off the back of rising house prices, something that has long happened of course. In the good times there are people that go broke, in the bad times there are people who make a fortune. House prices will adjust naturally. It happens.

    One of the key problems this has is raising interest rates and that hurts the productive export sector badly. Not only do they have to find more money to pay higher interest rates on any debt, they also have to find it from a dwindling pool of money as the exchange rate rises and earnings fall per unit produced. So the concentration on house prices is fundamentally wrong, and raising interest rates is a rort on production. Most media outlets do not understand this so don’t bother reporting it – not to mention the ‘rich prick’ mentality around farmers with $10m plus properties crying foul. It doesn’t wash with many sectors of the community.

    I’m an old Dairy Boarder from way, way back, and still keep my hand in on info to hand, keep in touch with some old friends at Fonterra, along with others who’ve headed for Europe to work in the industry. China are wanting to reduce dependance on NZ dairy products, and are looking elsewhere. Coupled with European production constraints coming off next year (2015), which European dairy manufacturers are already stocking up for (dumping, anyone?) New Zealand is vulnerable. Fonterra have done an incredible job overseas but many of us are exposed – that includes house prices.

    Dairy farm prices up 22% YOY whilst the payout is likely to fall? Ridiculous. Where is the value?

    I think we as a nation have to be extremely careful around claims of our economy. We rely heavily on China and that cannot last forever. Check out the concrete manufacturer profitability in China for the last ten years (hint: it’s plummeting year on year).

    The authorities are belting production, whilst placating home owners. It’s wrong. Very, very wrong.

    • Neddie

      Good points Geoff. One thing I don’t think we need to be too pessimistic just yet is demand from China for dairy products. There is still massive unsatisfied demand for dairy in China, and our total production is still fairly small as a total proportion of the global total. We never had a monopoly on the Chinese market. Multinationals like Danone and Nestle are way bigger than Fonterra. What’s more other Asian markets are still in their infancy in regard to NZ primary exports, and plenty of effort is being expended at the moment to open them up – although in some notably the Phillipines, brand is much less important to consumers than price.

      • Geoff Vader

        I’m not pessimistic, but I’m cautious.

        We are the third largest exporter of dairy product (at least) and that sounds great but can be a problem. Example: The USA produce far more than we do, but export comparatively little as they have a 360m population to feed, whereas we are around 1% of that – so we must export. The Chinese authorities are not impressed with NZ’s recent record – when did you last hear of a dairy scandal for, say, Ireland, who are enormously ramping up production this year.

        The demand for items such as dairy and FMCG is heavily dependant on Chinese economic activity. I for one don’t believe a single GDP or productivity number they release.

        Also remember we are quota-ed out of, or completely excluded from, plenty of markets – most notably Europe and the US. Our reliance is a problem, and so is the exchange rate.

  • rustyjohn58

    I’m pretty much a glass half full guy. I can’t think of anywhere in the world that I would prefer to live in than NZ. If you are the type of person who wants to make the most of life fiscally, socially and aspirationally then in a tiny country at the bottom of the south Pacific the world is your oyster. You can do anything and enjoy life in many different ways. It is truly a blessing to live here.

    So I want to hear from Politicians and civic leaders who tell me how great NZ is, how lucky we are and how through hard work, sound practices, smart policies and good leadership they can make the place even better.

    If all they want to do is tell me how bad things are to get a few disgruntled votes then they should leave.

    • Night Stick

      We do live in a blessed country but how do we keep it that way? There are some who welcome to this land the worst types of humans the world has produced and this is starting to tell.

      • rustyjohn58

        Ok I’ll bite

        Vote responsibly and intelligently
        Raise your kids right
        Contribute to the community when you can and be part of community groups at least once in your life (you know sports club etc)
        Work hard and contribute as best you can to the economy even at our own micro level
        Holiday at home regularly so you get to know the place.
        Care for the environment as best you can (and without turning into a lentil eating greenie)
        Welcome new migrants when you come across them but help them understand our ways.
        Be positive, its easy to be negative (I do it myself) but think about the good things in life.

        Sorry don’t want to sound like some sort of self help book but I think most of it is pretty simple really and not that difficult.

        And if you support community leaders and politicians who seem to follow these general points (or at least most of them) then with a bit of luck we should stay a great place for a while yet.

  • Intentional typo?? “My only regret about migration is we don’t get icky and choosy on New Zealanders returning.”

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