America’s Cup: great theatre, poor deal

BY ACT at 27 March, 2018


 

“The America’s Cup is a fantastic event, but David Parker and Phil Goff have negotiated an incompetent deal on behalf of New Zealanders”, says ACT Leader David Seymour.

 

“Clearly feeling the pressure, Parker and Goff will stump up at least $212.5 million of taxpayer and ratepayer money, including a $40 million ‘hosting fee’.

 

“Economists have put the cost-benefit ratio of the event at between 0.997 and 1.14. That means the most optimistic scenario has the country only just


Labour puts Envy Politics over Economics

BY David Seymour at 14 May, 2017


“The Labour Party’s policy of ring fencing negative gearing will only pass costs onto renters in a tight market,” says ACT leader David Seymour.

“As renters well know, the rental market is a tight one, it is a landlord’s market. Renters have few options, so landlords can pass costs on to tenants easily.