All Posts By

Frank

Feb 16
0

The Hidden Cost of Privatisation: Who Really Pays the Price?

By | Economy | No Comments

It’s like a short term sugar hit. It puts some more money in the government coffers but, of course, what it does is it takes an asset out of public ownership and then you’ve done it once, there’s no more money coming in and it doesn’t really resolve any of your long term problems.

Privatisation has been proved is failed policy

Check out America, why Luigi Mangione killed CEO?

Privatisation could result in misusing their services to gain more profits from the normal people who are paying the tax

Why people need pay tax and use private service instead?

To be honest, it is easy to resolve if the government would like to privatise everything,

Stop charging tax and put everything into the private operators

They don’t need to worry about anything, because we don’t need government anymore.

As the government, it should be serving the people for basic needs.

If it can’t do that, just leave and give the place to other people who can do.

ACT is good idea about stopping crimes, but I just don’t like this policies to privatise education and health care, which will make NZ to become worse and worse.

6000 per person to be spent on health care, if government thinks it could be saved if they privatise health care, it is easy, just stop charging 6000 per person tax.

Reference:
https://www.1news.co.nz/2025/02/12/poll-do-kiwis-support-greater-privatisation/?fbclid=IwY2xjawIeELFleHRuA2FlbQIxMQABHWMA8Op2w34opeyXOt__U7RNmwWk_UP1wcZdMDtr6itamQl7KTnNjvCFgg_aem_ktR9vNHdhDV9CMYSDGI0jA

Feb 16
0

Why New Zealand Must Stay Smart in Its Trade Relationship with China ?

By | Economy | No Comments

Living cost in australia is not cheap like people think, might be grocery, for housing and other stuffs, it is not cheap

Due to relationship between Australia and China, Australia economy might be getting worse if China put any sanctions on it while it is doing the hostile policies to China at moment like morrison adminstration.

China policies are not like before, it China has started to be aggressive to the countries who plan to or doing the harm on Chinese benefits all over the world.

Thats the reason I have emphasized before NZ government needs to stay sobber to keep the good relationship with China while we have free trade treaty.

Recent Cartoon Movie Nezha achieve close to 10b Chinese currency ( still increasing) to become the top 1 on single market all over the world

CHINA has the huge consumption market which NZ needs to export nz products to china and it is quire hard to find the replacement.

Feb 16
1

NZ Real Estate: Why First Home Buyers Should Think Like Investors

By | First Home Buyers, Housing Market | No Comments

I shared this article before and I saw this article was spreaded in one First home buyer community in facebook

I agreed 50% of this article, but not 100%.

NZ real estate is quite complicated to some extent due to geo graphic features, materials, neighborhood, future development, bonus features, hidden value etc

It resulted in one group of people : property speculator who could profit from real estate.

But most of investors are amateur and couldnt think deeper enough

Always tell my buyers “ take caution beforehand better than recify ing the issues later.

As the investors, you need consider all elements in buying a property as the investment.

But as the first home buyers, you need focus on buying a best home within your budget by using method : consider to sell it before you buy it.

If you dont have enough knowledge and find the people to help you out accordingly

As I remeber economists predicted 20-30% price decrease during First covid 19 lockdown on march 2020.

I told my buyers it wont happen at all and you could check the email which i sent to one buyer who inquired during that Period and I gave the advice to him on the basis of facts and later I was right for market trend.

Basically bottom logic for economists is poor economy situation which is the fact, national is trying to reboot the economy at moment, unless national failed and economists will be right.

20-30% value drop was predicted by economists during covid 19 and labor did ocr and lvr cut which stimulate the economy under QE effect and market was soaring even labor increased the timeframe for bright light test and took away the interest deductability which didnt stop the market until interest rate was increased And CCCFA was used mid of Dec 2021 which reduced people affordability.

Now facts are

– 165,000 one off immigrants

– friendly immigration policies

– less stocks would be Built under current economic situation

– Restriction on development from council and infrastructure which would reduce the new supply

– potential interest rate would be lowered consistently under current economical situation.

Like i said before, nature of nz housing market is productivity issue and we cant produce enough to meet the demand

Especially for Auckland, Auckland population might reach 2m by 2030 and how could we produce enough houses during this Period?

If you are the First home buyers, just buy and sit there for next round to move up.

Reference:

https://www.nzherald.co.nz/business/economist-warns-kiwis-not-to-bet-the-house-on-property-market/M7K4ZJO5HFF4ZOMIU4F4ZKPTPY/?fbclid=IwY2xjawId69xleHRuA2FlbQIxMQABHVr7ZE2OFieY12PUI9UJbI8mt39zJ1nQ2ctTApvOw9dZ-pS5bA442VnXKg_aem_2iF44JYY9oIZYsLNREQeXg