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  • Leaky homes you M.O.B

    Mr Williams backed Justice Terence Arnold’s Court of Appeal decision identifying government deregulation of the building industry in the 1990s as the root cause of the leaky-homes disaster.

    Yes, a National government stuffed up totally in the 1990s, creating the leaky homes crisis, and 20 years later another National government stands to profit $2bn from the mess. No doubt they will cite the extra income as proof of their “excellent” management of the economy.

  • capitalism only works because socialism is there to save it, just look at the usa

  • That is nice and all but what about global warming? NZ needs to cut its emissions by 40% or GOD will go back on his word and the world will be flooded like in the days of Noah. 4,525,000,000,000 cubic kilometres of water will appear from a combination of polar icecaps melting and unstable molecules melting together and the sky will open its expanse. Only the Queen and her immediate family will be spared as they are building an ark. Save the earth, Stop global warming NOW!!!

  • Depost guarentees (fdic) is what caused the lapsed lending standards in the usa.

    No risk for the banks, so they did higher risk loans.

    This guarentee on deposits will keep houses inflated as banks loan more than they should with out carrying the risks.

    The unemployment over 10% will put pressure on banks.

    House prices doubled on borrowed money now we pay the interest on that money. Less to spend in the economy. Higher unemployment.

  • What a joke, when will the rest of NZ wake up to this madness.

  • this is bull shit Bill, why do u only talk about selling public assets. what happened to growing public assets. earning income for the country. not oneoff small payments for strategic assets.

    sexy taxes, drop income tax yeah thats the one send the country to the poor house.

    NZ doesnt need a public sector... the government shouldnt own anything and the public should pay for everything.

    this model is bull shit and has been proven not to work (USA), the capital system has fallen, hello Wellington

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