Red Alert

Archive for the ‘asian’ Category

Is unemployment really falling?

Posted by Raymond Huo on February 10th, 2012

Statistics NZ has just released some new statistics on unemployment and the headline to their press release says it all: Unemployment rate falls, but little growth in employment.

An analysis by Westpac economists is worth noting:

But most other aspects of today’s report were weaker than expected. Not only was employment up a paltry 0.1% – just enough to keep pace with population growth – but this was purely due to a 3% pickup in volatile part-time jobs. Full-time employment was down 0.8%, the first drop since late 2009. Labour force participation dropped, from 68.4% in September to 68.2%. Hours worked were down 1.4%.

So the new data does not do anything to help the current unemployment figures which show an increase of 96.5 per cent more people on the unemployment benefit in the past three years.

What is unsurprisingly interesting is that:

The regional breakdown does show that localised labour shortages appear to be emerging in Canterbury – on our estimates unemployment in the region is now sitting at 5%, down from 5.5% in September and 6.1% in March.

It’s ironic that unemployment can be at such a high rate in Christchurch when demand for licenced building practitioners alone will reach 1100 per-year over the next five years in the city.

National talks aloud about having a plan and building a brighter future but the statistics do not back up their rhetoric. What are they actually doing about the stagnating unemployment rate?

Filed under: asian

Deregulation and Leaky Buildings

Posted by Raymond Huo on February 1st, 2012

For most Kiwis the pedagogically sounding term “Chicago School of Economics” may not mean anything. However, that particular school of thought – believed to be an old mantra of right wing politics (particularly the Act Party in the NZ context) – is blamed as one of the main reasons the western world is in the doldrums.

Worse, Chicago School of Economics which advocates unfettered free market and less government intervention, came under attack in the wake of the financial crisis we currently experiencing. It has also been blamed for growing income inequality in Europe and the United States.

Unfettered free market leads to deregulation which, in the New Zealand context, caused various problems.

New Zealand taxpayers have paid a very high price for deregulation in a range of sectors, and, the financial sector aside, the building sector would be leading the way. I wonder whether people have actually made the connection between deregulation and things like leaky buildings.


My Christmas gift to David Farrar

Posted by Raymond Huo on January 31st, 2012

Note: I wrote this on December 23 but given the Christmas holiday period was upon us I thought it was not appropriate to have it posted then. Therefore it is posted now.

Now that David Farrar is holidaying in South Africa and sending us pictures showing how big the turtles are there and how Hyenas are eating dead baby elephants. I wish to take his holiday spirit and send him this letter as my Christmas present.

His Kiwiblog is powerful and I hope this letter plays a small role in helping make his blog a bit fairer on some issues.

While on a roller-coaster over the past three weeks of being in and out of Parliament, I was told that Mr Farrar, rather indirectly, blogged on me by saying more than once that to the effect that: “It will hurt Labour. While not a huge contributor to Labour within Parliament, I understand he is a relatively large fundraiser for Labour”.

It is unfortunate that David Farrar made this sweeping comment without delving deeper into the subject.

The Chinese community, along with wider communities, is a rather large constituency. They come to MPs for help or for an answer with all sorts of different issues: immigration, corrections, law and order, resource consent, leaky building remediation work, national standards and constantly, how to grow the economy.

To be an MP serving such a large constituency with many members virtually being unable to communicate effectively (both in a linguistic and political sense) is a difficult task. Therefore the selection criteria must be harsh – if not harsher – than the process to select a ‘mainstream’ candidate. It requires skills, knowledge about both NZ and the migrant’s country of origin, and above all, integrity to provide service that reflects the quality and name of our House of Representatives.

Dr Jian Yang offered a recent example. For me, if two law degrees, one BA in linguistics and one MLitt in political communication won’t mean anything to David Farrar, then my experience as Asian Affairs Reporter for the NZ Herald followed by a stint as a successful lawyer won’t mean anything either.

Of course, my 6th book, just released, which according to critics has “influenced so many people” perhaps will not mean anything to David Farrar at all. In short, what we have achieved and what we have been doing are largely invisible to him, which perhaps encouraged him to belittle who we are and what we are.

Of course Mr Farrar would argue that he adopted a narrow definition for ‘within parliament’. But if Asian MPs across board could be assessed using each other as a bench mark it would draw a more fair and convincing conclusion.

I have no reason to believe that he has a grudge towards me. I‘m not that important, at least in his political sense. Nor do National’s ethnic MPs need his assistance given National has been riding high for the past three years.

I did organise public meetings and fundraising dinners quite successfully over the past few years, as acknowledged by David Farrar. For an opposition back-bencher I don’t have an ever-popular Prime Minister to offer smiles and photo opportunities which must have enriched National’s support as reported in the NZ Herald. This only proves the point that I am popular and have done a good job.

When the time was not with us and the trend was against us, this kind of response is regarded as a form of approval and endorsement by the constituency.

It is unfortunate that he seemed to imply that we Asian MPs are ATM machines for political parties and are token inclusions in Parliament. I hope the National Party does not have this same expectation of its Asian MPs. It is certainly not the case in Labour, where the vision of inclusive and strong communities has inspired many, including myself, to enter into politics.

New Zealand is a multi-racial country now. We need to remind ourselves of the need to make a departure from ignorance and patrionising.


From Charter Schools to leaky building syndrome

Posted by Raymond Huo on December 6th, 2011

Here we are again!

The charter schools being a model for experiment per se may not be that terrible – should the government have the mandate to do so. But how the agenda unfolds itself in New Zealand shortly after the general election has caused concerns.

Act Party, joyriding into Parliament on a grand total of 21,446 voters nationally (1.07%), is suddenly shaping and dictating key education policy (no pun intended). And Act did not even have an election policy of charter schools for god’s sake.

Secondly, the economy-savvy electorate of Epsom knows that Act’s old mantra of Chicago School of Economics is one of the main reasons the western world is in the doldrums.

Worse, Chicago School of Economics which advocates for unfettered free market and less government intervention (“big market, small government”), came under attack in the wake of the financial crisis we all are experiencing now. It has also been blamed for growing income inequality in Europe and the United Sates.

Unfettered free market leads to deregulation which, in the New Zealand context, caused various problems with one of the worst case scenario being felt by so many in the leaky building syndrome.

Although in a long process, leaky buildings may be repaired, revamped or reconstructed. But as Ehoa commented on Red Alert: “As for charter schools…once again South Auckland schools become lab rats for two Johns and one dunny (SIC)”.

I would be very nervous where our kids – no matter what socioeconomic status – are likely to be treated as guinea pigs. They are our future, not statistics.


How are we doing on R&D?

Posted by Raymond Huo on October 14th, 2011

Since becoming Labour Party spokesperson for Statistics I have seen that Statistics NZ do a great job in keeping NZ informed, alerted or otherwise warned. However, it appears that there is no data collected around our exporters or businesses who invest in R&D.

New Zealand is a small country so we must be smarter. Industries like tourism, as Sir Paul Callaghan argued, won’t generate the revenue we need to catch Australia’s wealth. Likewise, Agriculture is great but it’s not available to all New Zealanders. Technology, on the other hand, is our second largest export sector and requires few resources other than initiative, common sense and entrepreneurship.

Prof Callaghan also argued that we have 10 hi-tech companies that generate $5bn in revenue for the country. If we could expand it to 100 companies that were successful, we would be able to close the $45 billion wealth gap with Australia.

It is also interesting to note that Prof Callaghan pointed out that New Zealand had earned prosperity by exploiting our environment. Not only does it bust the myth that we are clean and green. We are poorer for it. In fact, that strategy has seen our GDP plummet to the bottom of OECD ranking. To reverse the trend we must raise our productivity and grow our country that is economically and environmentally sustainable.

I would be intrigued to see Statistics New Zealand provide us with some statistics/data that reflect our export propelled by technology and R&D.

This election is about choices and it is a simple one: National’s answer to our export economy is to cut R&D, Labour’s answer is to reinstate it.


Dr Brash defies National’s gravity and is speaking the truth

Posted by Raymond Huo on September 23rd, 2011

Rarely would I agree with statements from Dr Don Brash, but he had me nodding my head in agreement for parts of his interview on Chinese Radio AM936 this morning.

Regarding Government spending, Dr Brash said the current National Government had spent much more than the previous Labour Government.

Dr Brash went on to say that both the previous National and Labour governments had managed government debt well, meaning the current John Key-led Government started from a good point. However under Prime Minister John Key and Finance Minister Bill English’s watch, government debt has gone from bad to worse.

This reminded me of our debate with National MPs in 2009. National claimed that ACC was leaking millions of dollars under Labour, we argued that the figures do not back up the National Governments unjust cutting of services and upping of ACC levies and that National’s claims were nothing more than scaremongering.

But it has now proved that the ACC debacle of 2009 was just a pre-cursor that led to the National Government hiking ACC levies before they privatise the organisation should they get another term in office.

The world will be a much nicer place if politicians would say what the issues really are (as they are).

Bill English’s repeated lines such as “in the last long nine years” and “economic mismanagement by Labour” may give him an instant boost in his blame game, but the facts will be spelt out sooner or later – just as Dr Brash did this morning.


Musical expert singing NZ First tune

Posted by Raymond Huo on August 31st, 2011
Jerry Ho with New Zealand First Leader Winston Peters

Jerry Ho with New Zealand First Leader Winston Peters

It appears that New Zealand First will stand Chinese-born Jerry Ho as a candidate in the 2011 General Election.

According to Chinese-language website Skykiwi, 30-year-old Jerry Ho was attracted to New Zealand First’s policies when he was engaged to build the parties website through his own IT company.

Mr Ho has been living in New Zealand for 12 years and prior to moving to New Zealand studied at a highly regarded Chinese Musical school.

He said he was impressed by New Zealand First’s policies which are now more inclusive than the past with a slogan of “sensible immigration”.

New Zealand First is promoting New Zealanders first which is good for the country

Great! The best way to put New Zealand and New Zealanders first is to stop asset sales, to have a fair tax plan, GST off fruit and vegetables, $5000 tax free zone and $15 minimum wage. The polling across the board shows kiwis like these policies.

This flies in the face of Dr Don Brash who has recently been in Chinese media misleading voters by suggesting that the Labour Party was the only Party to form a coalition with NZF. The logic he was suggesting to readers was that New Zealand First is Anti-Asian and a vote for Labour was a vote for an Anti-Asian Labour/NZF coalition. Coincidentally, ACT lost all its Chinese candidates in this year’s election.

However that logic can easily be defeated by the sheer fact that it was National in 1996 who initially pledged not to form a Government with New Zealand First but went onto form a Government with them anyway.

What Mr Ho has to offer and what kind of policy New Zealand First is going to launch will remain to be seen.

I look forward to National announcing its Chinese candidacy in the near future.


Pickets for the Prime Minister in Botany

Posted by Raymond Huo on August 26th, 2011
Chao-Fu with Chairman of Asian Anti-Crime Group Peter Low

Chao-Fu with Chairman of Asian Anti-Crime Group Peter Low

As Prime Minister John Key enjoyed the hospitality at the Pakuranga Country Club yesterday, Labour Candidate for Botany Chao-Fu Wu joined hordes of locals who displayed their strong opposition to Thurston Place College through a picket demonstration.

The community is outraged that proper consultation has not taken place and that plans to build Thurston Place College continued despite the strong community opposition to the development.

Chao-Fu Wu proved to be a people’s candidate yesterday. He was on the front-lines representing the community and joining with them as they tried their best to make John Key understand their concerns.

The community have spoken loud and clear that they believe in a fair and transparent consultation process, yet this isn’t happening. Education Minister Anne Tolley has failed to give an assurance that consultation will be carried out independent to the Ministry of Education.

Chao Fu-Wu told me that while joining locals in the picket line, they told him that their basic democratic rights as citizens have been ignored:

When you put up a fence, you consult your neighbours; that’s basic common-sense and respect. The local resident’s deserve that same respect and have their concerns recognised.

The picket display on Thursday night was a good demonstration of the overwhelming opposition and concern from local residents. The government should not ignore these strong messages from the community.


To MMP or not to MMP

Posted by Raymond Huo on August 19th, 2011

While juggling between functions today at Auckland University I got the opportunity to read an interesting article in ‘Uninews’ about the different voting systems which will be listed in this year’s referendum.

A group of researchers from The Centre for Mathematical Social Science have created an election simulator which will help voters understand the consequences of their referendum vote.

The simulator showed that either National or Labour would have won a clear majority while the Greens, with the third largest party vote in 2008, would have had few or none seats in Parliament if recent elections were held under some of the voting systems in this year’s referendum.

The article stated:

These scenarios, and others, can be tested using an election simulator created by researchers at The Centre for Mathematical Social Science to help voters understand the consequences of their referendum vote

The simulator can be used by anyone who plans to take part in the voting system referendum

A lot of descriptive information about the upcoming referendum has been made available to voters, explaining, for instance, that coalition governments are more or less likely under particular voting systems. But as scientists interested in collective decision-making, we wanted to know more precisely what the voting systems would mean in terms of seats in Parliament and we think that voters should have this information too.

I believe the simulator will certainly serve as a dry run to see whether the riding-so-high-John-Key will be able to govern alone or get a stronger mandate than National got in 2008.

The dry run will help the informed voter better appreciate some scenarios of inconvenient reality should the current polls be translated into actual seats.

Some of the voters will be alerted: hey, if they now realise that they would return a Government that will put a choice between borrowing $300plus million a week or sale of our family silver.

If it’s choice you really wanted? What a choice is that? A choice? Yeah right!

Find the voting simulator online at: Cmss.Auckland.ac.na/2011-referendum-simulator.online


Another record broken

Posted by Raymond Huo on August 19th, 2011

Overseas trips by New Zealand residents soared to 231,600 in July 2011 – a record for any month according to Statistics New Zealand.

What do these figures tell us?

In July 2011 compared with July 2010:

Visitor arrivals (176,100) were down 6,800, with the biggest changes

from:

China (up 1,700)

the United States (down 1,500)

Japan (down 2,100)

Australia (down 3,100).

Overseas trips by New Zealand residents (231,600) were up 23,600,

with the biggest changes to:

the United Kingdom (up 3,900)

the United States (up 3,900)

Thailand (up 2,100)

Fiji (up 1,900).

Tags:
Filed under: asian

Prices continue to rise

Posted by Raymond Huo on August 17th, 2011

In information released by Statistics New Zealand today rising prices for petrol and diesel pushed the petroleum and coal product manufacturing index up to 10.5 per cent, with overall prices for NZ produced goods and services rising 1.4 per cent.

Some of the key information is below.

• The price index for goods and services used in meat and meat product manufacturing rose 5.5 per cent.

• The producers price index (PPI) for outputs rose 1.4 per cent.

• Output prices for manufactured dairy products rose 5.1 per cent.

• The agriculture, forestry, and fishing index rose 2.3 per cent, reflecting higher fuel prices.

The cost of living is increasing and shows no sign of stalling as the National-ACT-Maori Government struggles to find a plan to turn our economy around.

Hard working Kiwi families need a break in these hard economic times and need a government who is going to put them first, not their privileged mates.


Power on powerful Loan Sharks

Posted by Raymond Huo on August 11th, 2011

Well done to Simon Power for summing up the horrible reality of loan sharks in his speech to the Financial Summit in Auckland today.

A woman from a small South Island town borrowed $250 from a payday lender over the internet.

The loan was for two weeks and with interest and fees she was due to pay back $375 from her loan of $250.

But she was not able to pay the full amount back within the two weeks.

The contract contained a roll-over clause, which meant if she didn’t pay it off within the two weeks then the amount would roll over and interest and penalty interest would be added on top of the interest already accrued.

The woman paid as much of the debt as she could for several weeks but was not able to pay it all off.

By the time she sought help from a budget adviser – three months later – her original loan of $250 had rolled over to more than $1500.

Why not now walk the talk by supporting Carol Beaumont’s members bill designed to tackle, specific to the case cited, loan sharks?


Chinese boxers to ‘hit’ New Zealand

Posted by Raymond Huo on August 10th, 2011

I’m sure you have all seen me blog or talk about New Zealand and China’s strong connections in business, education, arts and culture. But it’s not often I talk about the strong sporting links between the two countries (which I believe are vastly underrated or under promoted).

In a coup for Kiwi boxing, the Chinese amateur boxing team will take on New Zealand’s best amateurs at the Indian Cultural Centre in Wellington next Saturday.

There will be seven fights, with three of them being female bouts. It will be interesting to see how the results go, New Zealand has a strong pedigree in boxing with the likes of David Tua, Kevin Barry, Jimmy Thunder and Shane Cameron all performing strongly on the world stage in the past.

China doesn’t have that same background, but as I blogged about a while ago, China has a thirst for Olympic gold, and much like how Chinese officials are getting New Zealand rugby coaches to guide them on the rugby field (now that rugby is an Olympic sport), Cuban coaches are now in charge of the Chinese boxing team.

The feature bout will be New Zealand’s next big heavyweight hope Joe Parker squaring off against the top Chinese prospect A Sihati.

Joe Parker is bankrolled by businessman Bob Jones and has the experience of a Commonwealth Games campaign behind him so may have the slight advantage.

Either way it will be an intriguing contest and good shake down for our amateur boxing team before next year’s Olympic Games in London.

If you are in Wellington next week, get down and watch the cream of New Zealand boxing take on the best China has to offer.


John Key’s long list of promises

Posted by Raymond Huo on August 3rd, 2011

John Key Letter 22 June

I have received this letter from a Chinese constituent living in Helensville.

It explains how the 2011 Budget will help ordinary kiwis and their families.

However, reading between the lines I can only see ways in which the Budget will make hard working kiwis worse off – not better!

It is interesting to note that in the fourth paragraph Mr Key says: “we’re making changes to Kiwisaver to increase private savings”.

This statement is misleading. The Government is reducing their contribution to Kiwisaver despite promising it wouldn’t cut Kiwisaver (a good reminder of the GST saga though).

Mr Key also talks about how “strong economic management is important for all of us”.

Of course it is but since Mr Key has been in office the public has not seen a definitive plan to grow the economy.

Most worrying in the letter, Mr Key says that National will “extend the successful Air New Zealand mixed-ownership model to four state-owned energy companies”.

I’m not sure whether National can claim any credit from the Air New Zealand model but regarding the asset sale (or whatever terminology they use) New Zealanders have spoken loud and clear. We do not want our assets put up for sale, but yet Mr Key continues in his plan to do just that.

Probably Mr Key needs a reality check. While the ordinary many are struggling to keep up with the cost of living (http://blog.labour.org.nz/index.php/2011/07/13/families-struggle-as-food-prices-go-up/) he is selling his idea to the general public (or to the privileged few?) about buying shares in companies the Government are passionate about ditching. Besides, the ordinary many already own a stake in these companies – as New Zealanders!

What Phil Goff said is correct:

It is wrong and it is not fair – some Kiwi parents are having to send their children to school hungry but the top 150 New Zealanders on the NBR rich list have experienced a 20 per cent increase in their wealth in just one year. It isn’t about envy. It’s great to see some Kiwis doing so well for themselves. But our society is becoming more unequal. It is wrong. It is unfair.

I say to the Prime Minister: When the gap between the super-rich and the super poor is growing, it is a worry for everybody.


Privacy Laws under review

Posted by Raymond Huo on August 2nd, 2011

It’s not often I get to blog about my Law Commission portfolio but this is definitely worthwhile mentioning.

The Law Commission has just completed an intensive, four stage review of the 1993 Privacy Act.

The Commission believes the Act could be improved in a number of areas and I have listed below a few key recommendations from the Commission:

• the complaints process under the Act should be streamlined in a number of respects, including giving the Privacy Commissioner the power to make binding decisions on complaints about people’s right to access their own personal information;

• agencies should be required to notify people when personal information held by an agency is lost or otherwise compromised (for example, through computer hacking), if the breach is sufficiently serious;

• there should be a new framework in the Act to allow the sharing of personal information between government agencies where it is in the public interest to do so, but with appropriate safeguards; and

• some exceptions to the privacy principles should be modified, for example to clarify that people can pass on information to an appropriate person where someone’s health is seriously at risk, or report suspected offending to the police.

It’s good to see that the Law Commission is conscious to keep the Act relevant in light of the massive technological and cyber advances over the past 18 years.

If you would like to keep up with this report or any others produced by the Law Commission, visit their website: http://www.lawcom.govt.nz/


The key to integration

Posted by Raymond Huo on August 2nd, 2011

Susan Pepperell at the New Zealand Herald has published an inspirational story about Muslim women in New Zealand.

When Anjum Rahman was at primary school in the 1970s, she was only the Muslim girl in Hamilton. There was another one in the north Waikato town of Ngaruawahia and one down the road in Putaruru, but in the big smoke she reckons she was it. Today, Hamilton’s Muslim population numbers about 1800. Nationally, there are 37,000 Muslims.

It is also interesting to note that the New Zealand’s first Muslim immigrants were 15 Chinese gold diggers in Dunstan, recorded in the 1874 Census.

No one has really defined what a Kiwi-Muslim is. Traditionally we have tried to assimilate, now it’s about integration. “We wanted them to know the history of this country, for them to feel like this is their land so they feel a connection and recognise its beauty.” When they asked the girls what they thought they needed to do to feel more connected with New Zealand, outdoor activities were high on the list.

It’s encouraging to read that migrants want to integrate and become a part of New Zealand society. I have always said that it is desirable to see migrants intergrate seamlessly into NZ society through two-way communication – not one-way application.

Radiya Ali has worked that out. At 17 she knows she’s a Kiwi. “I know because I wear Jandals,” she laughs. Born in the eastern African nation of Djibouti, Ali spent her formative years in Yemen before moving to a refugee camp in Ethiopia. She arrived in New Zealand six years ago with her parents and six brothers and sisters, unable to speak English but knowing that if she wanted to do anything with her life she had to learn in a hurry.

Often we do not realise the harsh up-bringing some of our migrants have had. I have encountered many young migrants like Radiya who just want to be normal ‘Kiwis”.

The girls want to meet some MPs, let them know about the challenges they face as Muslim New Zealanders and tell them what they’ve done to meet their new culture halfway. As Ali says, it’s not about forgetting your culture, it’s about keeping it, respecting someone else’s culture and making a whole new one as a Muslim Kiwi.

Radiya couldn’t be more right here. Her final words are the key to successful integration into another culture.


Some Monday morning wisdom

Posted by Raymond Huo on August 1st, 2011

It was a great pleasure to speak at a graduation ceremony in Auckland on Friday.

More of an honour was to share the stage with the other speakers such as Dr Dave Roberts, director of Faculty of business and law of University of Southern Queensland and Dr John Hinchcliff, former president of AUT.

I’ve known Dr Hinchcliff for many years. His speech was witty and relevant. I wished the Cabinet would take some notes. I thought I would share some of my highlights with you below:

We can learn an interesting emphasis from the derivation of the words ‘economy’ and ‘ecology’. In Greek ‘eco’ means ‘home’ (from oikos). And ‘nomy’ (from ‘nomos’) used in ‘economy’ means ‘care of’ or ‘management of’.

The word ‘logos’ in ‘ecology means ‘wisdom’. Before we know how to care for the home we must know what it means and what it represents. So ‘wisdom’ takes priority. Thus, ecology should take precedence over economics just as wisdom should take precedence over knowledge.

Our existence is a wonderful phenomenon. But the fragility of our home has been threatened by our lack of care, and by our poor and unthinking management. Nature urgently needs our wise support, just as millions of poverty stricken people need our care, and our democratic governance needs our active engagement.

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Filed under: asian, economy

Labour Candidate making an impression in Botany

Posted by Raymond Huo on July 28th, 2011

Labour candidate for Botany Chao-Fu Wu is an impressive young man who is making a splash in the electorate.

I had the pleasure of accompanying Chao-Fu around Botany last week and the feedback was positive. We met with a number of local groups, organisations and residents who were all enthused by Labour’s economic package, understanding that the vast majority of New Zealanders will be better off under Labour’s plan.

One Chinese community leader told me that Labour’s economic package is a “watershed moment” to define the future of New Zealand. Other constituents told me that when encountered with a natural disaster “Key is talking about how to save lives while Goff is going there to save lives”.

Capital Gains Tax will no doubt upset a small proportion of the voting public but for the future of New Zealand we have to implement bold policies such as this one. I congratulate Phil for leading a party not driven by the polls, but committed to a prosperous and bright future for our country.

To have a young candidate from a professional background like Chao-Fu Wu making such a positive impact in such a short space of time is a good thing for the Labour Party and the people of Botany.

Please find links to two stories about Chao-Fu from local papers below.

The first is titled Kiwi Chinese to stand from Howick and Pakuranga Times.

The second is titled Health expert to stand from Howick and Pakuranga Times.

http://www.times.co.nz/cms/news/2011/07/kiwi_chinese_to_stand.php

http://www.times.co.nz/cms/news/2011/07/health_expert_to_stand.php


Capital Gains Tax is Progressive

Posted by Raymond Huo on July 15th, 2011

I was glad to have the opportunity to run through the Capital Gains Tax (CGT) policy released by Labour yesterday on Radio Chinese Voice immediately after Question Time.

To give a simple example to the Chinese audience, I said that every dollar from salary or wages you earn you pay tax. But if you have an investment which earns a much greater profit, you are not required to pay tax.

When talking about CGT, it is also important to note that aside from New Zealand, Switzerland and Turkey are the only two other developed countries which don’t have a Capital Gains Tax.

What is more telling is an example given by Labour Finance Spokesperson David Cunliffe yesterday. New Zealand is in a financial hole with a record Government deficit of 16.7 billion dollars and 142 billion dollars of overseas debt but National’s only solution is to sell off our treasured state assets.

Since coming into office, National has looked after their privileged few mates pretty well, but what about the ordinary many and New Zealand’s future?

I would like to quote an email I received from a Chinese constituent (name withheld)

“What about the financial recession? It stemmed largely from speculation; in no way has it helped to grow the economy but created crisis.

Those creators pocketed hefty cash, smiled and went. Good on you Labour, a Capital Gains Tax should have been brought in long ago.”

For financial savvy Chinese, it is not hard to understand that to build a modern, equitable society a progressive tax system will work but National’s regressive tax system will not.

Labour’s policy is for all New Zealanders and our future.

http://blog.labour.org.nz/index.php/2011/07/13/families-struggle-as-food-prices-go-up/


Does the Minister have confidence in Statistics New Zealand?

Posted by Raymond Huo on July 14th, 2011

Statistics New Zealand gathers vital information which is critical to the future of New Zealand but it seems that Statistics Minister Maurice Williamson has lost faith in the department’s abilities.

He revealed last week that the Government is considering moving to a ten year census and was quoted saying that “the statistical system has lacked co-ordination, coherence and prioritisation”.

He also said there was a high proportion of inexperienced staff at Statistics New Zealand.

These kinds of messages from the Minister of Statistics will do nothing to fill the public with confidence in Statistics New Zealand.

The next census will be held in March 2013 (this year’s census was cancelled because of the Christchurch Earthquake on February 22). We need to know that Statistics New Zealand is capable of delivering a comprehensive census which will deliver the Government the Statistical information it needs to make sure the country runs effectively.

It sounds like the Minister doesn’t have full confidence in the department?