So many promises, but no way of paying for them

Andrew Little has made so many promises, but hasn’t told us how he intends paying for them.

Labour leader Andrew Little has used a pre-Budget speech to accuse National of neglecting ‘middle New Zealand’ and promised a Labour government would do more for housing affordability and health.

There were no new policy announcements in Mr Little’s speech, which focused mainly on criticising National’s record and accused it of favouring “the few at the very top.”

Mr Little said if Labour was in charge of this year’s Budget it would invest heavily in new infrastructure to kick kickstart the economy.

“And to help everyone succeed, the Government I lead will address the real causes of the housing crisis.” He said Housing Minister Nick Smith was “flailing round with gimmicks” such as special housing areas and releasing Crown land for housing.

“We can’t keep going like this. If we do, we’re going to be left with a country where home ownership becomes the privilege of just a very lucky few rather than a birth right for most Kiwis.” He said restoring widespread homeownership should be a priority and listed Labour’s plans to ban overseas buyers buying a house unless it was a new build.  

“It’s a commonsense solution that our current government has opposed for far too long.”

He also promised to ensure more houses were built, both by replacing Auckland’s urban limit and “a mass home building programme to deliver new, affordable homes in Auckland and round the country.”

I can’t wait for him to say this in a debate. John Key will simply bark “Show me the money”…again and again and again.

Take the promise of building affordable homes. It’s a joke. The home will be affordable for only the first person to buy it, after that it is on the open market and unless they will be covenanted to stop prices rising on them it won’t be any more affordable than any other house 5 minutes after it is sold to the lucky first buyer who stands to make a tidy sum almost immediately.

What is the infrastructure he is planning on investing heavily in? More weasel words.

What should alarm most though is it appears Labour has plans to increases taxes to fund their lolly scramble, but the only people they can do that to is the “rich”. Labour will start bashing the “top end” as Little did yesterday.

In order to pull it all off they need to create an us and them division. It’s a typical union strategy but it isn’t a political one.

Promising to build billions in new housing, billions in new infrastructure and billions more in health is going to mean Labour will campaign on tax increases while John Key campaigns on tax cuts.

That won’t go well for Labour, and Bill English will probably get the monkey off his back of the lowest result for a major political party.

 – NZ Herald

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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.