Comments on: The way ahead for New Zealand http://blog.xero.com/2010/02/the-way-ahead-for-new-zealand/ Xero Accounting Software Thu, 09 Feb 2012 06:30:47 +0000 hourly 1 By: DHH Coventry http://blog.xero.com/2010/02/the-way-ahead-for-new-zealand/comment-page-1/#comment-5015 DHH Coventry Fri, 19 Feb 2010 01:34:40 +0000 http://blog.xero.com/?p=8999#comment-5015 It's a really good way to further tax the poor as well. Those who only spend because at the end of their budget after food and electricity is no saving. Tax 'em double. Let God sort 'em out. It’s a really good way to further tax the poor as well.
Those who only spend because at the end of their budget after food and electricity is no saving.
Tax ‘em double. Let God sort ‘em out.

]]> By: Hamish Edwards http://blog.xero.com/2010/02/the-way-ahead-for-new-zealand/comment-page-1/#comment-4900 Hamish Edwards Thu, 11 Feb 2010 19:47:42 +0000 http://blog.xero.com/?p=8999#comment-4900 While I am not property expert I understand the arguments that various people are making about the impact of these (likely) tax changes will have on property prices. That said the John Key is saying there will be no specific land tax or tax on capital gains related to property transactions (unless you are a property developer), like there is in Australia. That has got be to good news for all current and prospected home owners. While I am not property expert I understand the arguments that various people are making about the impact of these (likely) tax changes will have on property prices. That said the John Key is saying there will be no specific land tax or tax on capital gains related to property transactions (unless you are a property developer), like there is in Australia. That has got be to good news for all current and prospected home owners.

]]> By: Richard Seager http://blog.xero.com/2010/02/the-way-ahead-for-new-zealand/comment-page-1/#comment-4848 Richard Seager Tue, 09 Feb 2010 19:35:34 +0000 http://blog.xero.com/?p=8999#comment-4848 GST is a regressive tax in that it discriminates against the poor in our society so increasing it is just a case of scouring the poor for the benefit of the better off. Typical National policy and on the back of a the 25 cent increase in wages maybe the poor in NZ need to think about rebelling. As for housing, yes it's way out of sync but that's not a NZ only problem, here in Melbourne it's absolutely ridiculous now. Interestingly in most of Europe and the US housing is considerably cheaper. For some reason the UK, Australia, NZ and Ireland have had their housing markets reach ridiculous levels. I can't see that changing here in Australia unless immigration goes from a 150k a year to 50k a year. GST is a regressive tax in that it discriminates against the poor in our society so increasing it is just a case of scouring the poor for the benefit of the better off. Typical National policy and on the back of a the 25 cent increase in wages maybe the poor in NZ need to think about rebelling.

As for housing, yes it’s way out of sync but that’s not a NZ only problem, here in Melbourne it’s absolutely ridiculous now. Interestingly in most of Europe and the US housing is considerably cheaper. For some reason the UK, Australia, NZ and Ireland have had their housing markets reach ridiculous levels. I can’t see that changing here in Australia unless immigration goes from a 150k a year to 50k a year.

]]> By: The way ahead for New Zealand « Online accounting software news … | Free Career Information http://blog.xero.com/2010/02/the-way-ahead-for-new-zealand/comment-page-1/#comment-4843 The way ahead for New Zealand « Online accounting software news … | Free Career Information Tue, 09 Feb 2010 11:32:45 +0000 http://blog.xero.com/?p=8999#comment-4843 [...] Follow this link: The way ahead for New Zealand « Online accounting software news … [...] [...] Follow this link: The way ahead for New Zealand « Online accounting software news … [...]

]]> By: Paul Lattimore http://blog.xero.com/2010/02/the-way-ahead-for-new-zealand/comment-page-1/#comment-4841 Paul Lattimore Tue, 09 Feb 2010 10:37:10 +0000 http://blog.xero.com/?p=8999#comment-4841 I believe we are about to see the bubble truly burst on the housing market. This is based on a combo of higher interest rates, new property tax regimes AND the first of the Baby Boomers looking to cash in their rentals for retirement in 2011. First home buyers should keep their powder dry for another twelve months. I believe we are about to see the bubble truly burst on the housing market. This is based on a combo of higher interest rates, new property tax regimes AND the first of the Baby Boomers looking to cash in their rentals for retirement in 2011. First home buyers should keep their powder dry for another twelve months.

]]> By: The way ahead for New Zealand « Online accounting software news … | Property Invest http://blog.xero.com/2010/02/the-way-ahead-for-new-zealand/comment-page-1/#comment-4838 The way ahead for New Zealand « Online accounting software news … | Property Invest Tue, 09 Feb 2010 06:58:16 +0000 http://blog.xero.com/?p=8999#comment-4838 [...] original here: The way ahead for New Zealand « Online accounting software news … Tagged with: General • generally-residential • government • has-been • means [...] [...] original here: The way ahead for New Zealand « Online accounting software news … Tagged with: General • generally-residential • government • has-been • means [...]

]]> By: Tony Ryburn http://blog.xero.com/2010/02/the-way-ahead-for-new-zealand/comment-page-1/#comment-4833 Tony Ryburn Tue, 09 Feb 2010 04:42:25 +0000 http://blog.xero.com/?p=8999#comment-4833 I totally agree with the need for us to decrease our love of property. When it comes to investment, monogomy is a bad idea. We Kiwis need to commence a love affair with our share market. Australians invest in their share market far more enthusiastically than we do in ours and I believe this is a significant, and generally overlooked, reason why the Australian economy outperforms ours. I totally agree with the need for us to decrease our love of property. When it comes to investment, monogomy is a bad idea. We Kiwis need to commence a love affair with our share market. Australians invest in their share market far more enthusiastically than we do in ours and I believe this is a significant, and generally overlooked, reason why the Australian economy outperforms ours.

]]> By: Blair http://blog.xero.com/2010/02/the-way-ahead-for-new-zealand/comment-page-1/#comment-4830 Blair Tue, 09 Feb 2010 03:40:02 +0000 http://blog.xero.com/?p=8999#comment-4830 If/when the GST rate changes, I'll feel sorry for the people still using MYOB who will have to buy a new version.. If/when the GST rate changes, I’ll feel sorry for the people still using MYOB who will have to buy a new version..

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