The gouging starts...

[slofox]

1. Rents for properties outside of the CBD in Chch are climbing..."due to market demand - the landlords aren't screwing businesses, oh no!" according to the CEO of one property firm. Sure bro...

2. Petrol prices rise "as a result of the earthquake in Chch". No doubt because all the oil wells in Cathedral Square are out of production...

3. Mr English says "all government spending is now under review". (= "we are going to take more and give less - oh and all election promises are no longer binding").

Now no doubt one could argue in favour of these moves but I am feeling old and cynical today, grumpy old bastard that I am and I just reckon the greedies are emerging from under their rocks..

Frankly, I fear we're financially fucked...(please note the alliteration, Mr Hitcher )

[mashman]

Yup, money money money... the govt is offering handouts, up the price of everything and we'll just have to accept it .

I can suggest a simple way for NZ to move forwards... but the greedy's won't like that because it'd be focussed too much towards everyone in the country being treated as people and not valued by their $ return... some may even scream Socialism, but that only shows how they think ...

in the event we are having problems, please ensure your lifejacket is securely fastened and that you have your oxygen mask on, lean forwards, put your head between your legs, or in a bucket of sand if you can prefer, and prepare for pain the likes of which you've never felt before...

... as you were

[Winston001]

1. Rents for properties outside of the CBD in Chch are climbing..."due to market demand - the landlords aren't screwing businesses, oh no!" according to the CEO of one property firm. Sure bro...

Distasteful as it may be, no surprise that rents have jumped to take advantage of an opportunity. I don't like it either but wouldn't you be foolish as a property owner not to accept a higher rent if all other properties were also increasing?

2. Petrol prices rise "as a result of the earthquake in Chch". No doubt because all the oil wells in Cathedral Square are out of production...

That is a direct result of the price of oil touching US$100/barrel. Nothing to do with earthquakes.

3. Mr English says "all government spending is now under review". (= "we are going to take more and give less - oh and all election promises are no longer binding"

Not exactly a surprise either. The government spends money which comes from you and I. Now they are having to allow for a humongous damage bill plus decreased taxation income because of the loss of Canterbury economic activity.

[Scuba_Steve]

Yea I heard on the radio the Govts trying to find what they can jack the tax up on to "cover the cost"

well time for the classic emergency advise
"Shouldn't we all lie on the floor or put paper bags over our heads?"
"If you like."
"Will it help?"
"Not at all."

[sidecar bob]

Earthquake or no earthquake, its a simple case of supply & demand.
Landlords would be very silly if they didnt recognise that, or should they just let people occupy their buildings because they feel sorry for them.
Sympathy wont pay the mortgage.

[slofox]

That is a direct result of the price of oil touching US$100/barrel. Nothing to do with earthquakes.

This was a quote from an oil Co. person - heard on radio NZ late last night...


Like I said Winston, one can argue in favour of these moves, just as you have done. However, I remain cynical and curmudgeonly. Just one of those days.

[superman]

How about introduce one more tax bracket for say those above $140,000 and make it 40%. Easy. No doubt though they are all the people that can pull the strings with the government and would have the power to stop it just because they make more money.

[F5 Dave]

Because those people will move to Auss & I think you'll find that the amount of money you would collect from people who make more than 140k (the amount above) would be a lot less than just cranking up say chewing gum tax a tiny amount. 'Course it's the rich man's fault. Lets stick it to The Man.

[Dave Lobster]

How about introduce one more tax bracket for say those above $140,000 and make it 40%. Easy. No doubt though they are all the people that can pull the strings with the government and would have the power to stop it just because they make more money.

Nothing like pushing the high earners abroad..

[Smifffy]

How about introduce one more tax bracket for say those above $140,000 and make it 40%. Easy. No doubt though they are all the people that can pull the strings with the government and would have the power to stop it just because they make more money.

How about capping the DPB payment at 2 kids?



I don't see the point in targetting any sector of society to pay for this, we are all going to have to pay, except of course for those that head off overseas anyway.

[avgas]

Because those people will move to Auss & I think you'll find that the amount of money you would collect from people who make more than 140k (the amount above) would be a lot less than just cranking up say chewing gum tax a tiny amount. 'Course it's the rich man's fault. Lets stick it to The Man.

lol my thoughts exactly.
Yeah thats what NZ needs. Less reason for people to earn more money.

I did have to laugh that years ago when there was talk of increased ACC, I submitted a letter to govt saying "Hey just ramp up GST to 15% instead, no one will care..."

Govt did both.
We got spit roasted.

I think there should be a increased tax on paper. Forcing people to conserve more by using less paper. Could make billions of that tax.

[avgas]

How about capping the DPB payment at 2 kids?

Or a flat fee regardless how many kids you have.......

[superman]

17.5% GST?...

Soo uhh... how much did they say the country would make if they did some conservation land mining?

[Banditbandit]

This is capitalism at at rawest .. and the "free market" that everyone thought was a good idea ...

feels like a good time to say "Told you so ..."

[superman]

This is capitalism at at rawest .. and the "free market" that everyone thought was a good idea ...

feels like a good time to say "Told you so ..."

Key was talking the other day and we have a huge earthquake/natural disaster fund. Is this just to try and top it back up as quick as possible and then keep the higher whatever they do because they'll get more to spend on the country/themselves