So our economic hopes are pinned to selling citizenship and overseas investment that robs our economic sovereignty?
Ummmm.
Is anyone else noting what the fuck is going on here?
The Economy is so damaged from National’s 2024 construction costs that the knock on effect has been devastating.
Business investment is now so weak that banks have not lent any net new money to non-landlord businesses and farmers since May last year!
READ THAT AGAIN!
Business investment is now so weak that banks have not lent any net new money to non-landlord businesses and farmers since May last year!
Jesus wept that is destructive.
Add that alongside to the Centrix report this month that showed the cost of the Government’s shutting down of construction saw over 12 000 jobs gone in a year!
The incredibly negative impact on the economy from this Government’s ideological experiment has borne a bitter, bitter harvest and no amount of of ‘we are fixing Labour’s mistakes’ can gloss over the fact that these negative economic conditions that we are experiencing ARE THE DIRECT RESULT of National’s own policies.
The ONLY thing that National are desperately holding onto now is selling citizenships to the mega wealthy and changing the Overseas Investment rules to allow Trans-National’s to exploit the housing market!
Dita De Boni reports that The Government is trumpeting the fact that 215 applications have so far been received for the rejigged Golden visa categories, with $1 billion in new money landing this year if all those who applied are approved.
Is this what we have become?
A country selling citizenship to multi-millionaires to prop up our economy?
The changes Winston has announced is to acquiesce to these 215 multi-millionaires…
Winston Peters expects a change impacting the foreign buyers ban will be announced this year, but the New Zealand First leader denies his party is “softening” its approach.
Consultation is under way within NZ First and any changes will have to go in front of the party’s coalition partners for consideration before any Government policy is confirmed.
Prime Minister Christopher Luxon has publicly said conversations are ongoing about allowing foreigners to purchase property here.
To get the green light to buy homes here, NZ First believes foreigners would need to make a significant investment to the New Zealand economy. The party also does not want to disrupt the housing market.
The Herald understands no proposal has yet been put before associate Finance Minister David Seymour, who has responsibility for the Overseas Investment Act.
…this Government has run out of economic ideas and is now trying to sell citizenship’s to prop the economy up while changing our Overseas Investment rules and yet no one seems to be aware this is happening because we have a dumbed down Seven Sharp and a NZ media built upon properly speculation advertising.
Why aren’t any of you seeing this?
Look, I appreciate that most of us are woking our fingers to the bone just trying to keep ourselves and our whanau above water, but the implications of 215 multi-millionaires buying their way into NZ and suddenly changing the Overseas investor rules are obviously linked in a very dangerous way here.
You have a desperate Government willing to allow a global elite of multimillionaires buy citizenship and then change the rules of overseas investors.
I can’t be the only person seeing this?
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FOR SALE
NZ a small island nation .
Comes with 5 million hobbit like slaves that work hard for a bowl of rice and dont need homes .
And a so called government that can be bought for he price of a few fags ,guns and booze .
Major polluters are more than welcome to apply .
$5 million is all that is required .
Phone 0800 lets sell NZ and ask for C LUXON SOAP SALESMAN .sole agent .
A few fags, guns and booze. Just how the settlers paid the indigenous people of NZ all those years ago.
Forget this National CoC taking us back to the 80s, they take us back to the 1800s!
Why do so many Kiwis have such tiny brains or ‘again’ are they simply not interested? Our lovely NZ is fast going down the gurgler and they just skip along with their normal selfish lives. Why would we sell off NZ to parasitic millionaires? They are the ones who pay the “least tax” although they rake in the “largest profits” much of it going back overseas! So how about seeing things as they really are? Isn’t it preferable to have our Maori, who actually love NZ, as part of the governing party? This toxic CoC is again desperately clutching at straws [sigh]! Considering bringing in a bunch of foreigners to “fleece” us is another drastic move. How much longer are the stupid going to pretend this away – until there is nothing left? It’s getting very close.
It’s all the beginning of a slippery slope. Arguably Labour could be accused of ideological bias while in office but nothing like this bunch of politicians. Let’s hope the electorate will come to their senses before it’s too late.
“The ONLY thing that National are desperately holding onto now is selling citizenships to the mega wealthy and changing the Overseas Investment rules to allow Trans-National’s to exploit the housing market!” – TDB
They still have the, tax a legalised recreational canabis market card they can play, retailed through the current liquor licencing regime, which would align with Act’s libertarian bent, and the Nat’s Aussie tourism advert that “everyone must go” followed by their allowing in foreign property buyers so, “but wait there’s more, everything must go, closing down sale, last days, grab your rock bottom bargain”, so the canabis tax windfall must be starting to look mighty tempting to Nicola et al, and if Mitchell starts whinging about law and order, then he has to answer the simple question, “is he happy for the gangs to be making all the profits”?
We’re currently following the trajectory of the Russian economy, when we should be following California’s.
but you cant be trans and play in NZ any more so how will those trans nationals get now .
Frank the turd polisher. Stop blaming this CoC abomination on the previous government. These idiots have been told constantly by people from their own side of the isle that their numbers are rubbish. They are not making any attempt to represent the good of the majority at all. The country people are running to has higher taxes, unions, and plenty of regulations.
No the country was killed by Key and English when they sold us off to the highest bidder for person gain and made money from the Christchurch earthquakes Frankie, we never recovered from those awful 9 years. When they sold our SOE’s there was no desire for accountability on how it was spent.