Archive for 1 May 2014
Letter to the Editor: Business Roundtable up to their old tricks?
1 May 2014
3 comments
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More right-wing nuttery…
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But who is the “NZ Initiative”?
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FROM: "f.macskasy" SUBJECT: Letters to the editor DATE: Thu, 01 May 2014 10:39:22 +1200 TO: "Sunday News" <editor@sunday-news.co.nz>.
The editor Sunday News Dr Bryce Wilkinson, recently authored a report for the so-called "NZ Initiative", calling for more unrestricted "investment" in New Zealand - specifically allowing foreign property speculators unfettered right to buy up housing. At a time of falling home ownership - 49.8% in 2013; 53.2% in 2006; 67.8% in 2001; 70.7% in 1996; and 73.8% in 1991 (Statistics NZ) - the last thing we need is for New Zealanders to be competing against well-financed, wealthy speculators from overseas. In effect, we are denying our own children the right to own their own home. So who, precisely, is "NZ Initiative" and what is their agenda? "NZ Initiative" is the Business Roundtable, rebranded, when the BRT and right-wing think tank, New Zealand Institute, merged in 2012. I guess that puts things into perspective that this is the same group of well-heeled oligarchs who would sell New Zealand to the highest bidder from Boston, Berlin, or Beijing. It is high time to put an end to this neo-liberal dogma which has benefitted a small minority, leaving the rest of us to pick up the scraps.After 30 years of "rogernomics", I think it's safe to say that the Great Experiment in neo-liberalism has been a spectacular failure. -Frank Macskasy [Address & phone number supplied]
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References
Fairfax media: NZ needs foreign money – NZ Initiative
NZ Herald: Census 2013: Property ownership keeps falling
Statistics NZ: Owner-Occupied Households
Wikipedia: NZ Initiative
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Above image acknowledgment: Francis Owen/Lurch Left Memes
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= fs =