As expected New Zealanders are leaving the country in droves and immigrants and tourists are tending to stay away as well. Most of those leaving are probably salary-earners rather than small business owners, who will tend to profit from the reconstruction. The following article suggests that middle income earners have been particularly hard hit by higher taxes. i.e. the tax system in most countries is so skewed against the salaryman, that people are inclined to seek out any concession, rather than doing what they should do, and stop sanctioning a terrible form of government 'democracy' and the right of government - or that blessed 'majority' - if ever there was one. Stop sanctioning the right of the minority to extort from another minority. That is not the genius of democracy; that is what makes democracy just a legitimatised form of tyranny like the ones of old. This might strike you as strange but that legitimacy comes in the form of your right to vote. Yes, voting. The right to a meaningless sanctioning of a person you have never met, to execute policies you don't know, who purportedly competes against a party who is very much the same, engaged in the same form of extortion, to stay in power. Allies I'd say more than competitors. But by all means, go to Australia, and win the right to be screwed by a different democratic franchise. You will end up becoming a repressed materialist like all the other Australians. If depressed; go shopping; and give the government more points for stimulating economic activity...as opposed to productivity..which is what really counts. That's right, we do not even measure government by the right tools....anyway they control all the data.
'Buying NZ Property – Download the free sample readings!
NZ presents some of the most alluring property in the Western World; particularly given the greater easy of residency, the low cost of property, and the liveability of the country. In addition, there is no capital gains tax, transfer taxes, VAT/GST or wealth taxes in NZ, so rest assured that NZ property is tax-effective! Learn more now!
New Zealand Property Report 2010 - Download the table of contents or buy this 180-page report at our online store for just $US19.95.
Showing posts with label Migration. Show all posts
Showing posts with label Migration. Show all posts
Tuesday, June 21, 2011
New Zealanders taking permanent leave
As expected New Zealanders are leaving the country in droves and immigrants and tourists are tending to stay away as well. Most of those leaving are probably salary-earners rather than small business owners, who will tend to profit from the reconstruction. The following article suggests that middle income earners have been particularly hard hit by higher taxes. i.e. the tax system in most countries is so skewed against the salaryman, that people are inclined to seek out any concession, rather than doing what they should do, and stop sanctioning a terrible form of government 'democracy' and the right of government - or that blessed 'majority' - if ever there was one. Stop sanctioning the right of the minority to extort from another minority. That is not the genius of democracy; that is what makes democracy just a legitimatised form of tyranny like the ones of old. This might strike you as strange but that legitimacy comes in the form of your right to vote. Yes, voting. The right to a meaningless sanctioning of a person you have never met, to execute policies you don't know, who purportedly competes against a party who is very much the same, engaged in the same form of extortion, to stay in power. Allies I'd say more than competitors. But by all means, go to Australia, and win the right to be screwed by a different democratic franchise. You will end up becoming a repressed materialist like all the other Australians. If depressed; go shopping; and give the government more points for stimulating economic activity...as opposed to productivity..which is what really counts. That's right, we do not even measure government by the right tools....anyway they control all the data.
Thursday, May 5, 2011
Christchurch depopulation
Depopulation is not something you'd associate with a major city; they tend to create their own buzz. In the case of Christchurch, in the wake of the earthquake, we might be seeing more of a dead cat bounce. The city will of course recover, but one is reminded that the series of earthquakes was not the only reason they left....it was just a timely excuse. Prospects are far better in Australia, and NZ'ers are voting with their feet.
In 2012 there ought to be a construction boom in Christchurch. The problem of course driving many people away is:
1. The prospect of more earthquakes
2. The cost of rebuilding
3. The unmet demand for labour, forcing up costs
4. The excuse to leave, e.g. The wage differential with Australia, stagnant growth in NZ
Monday, January 31, 2011
Australia vs NZ - the immigration stakes raised
Want a sense of which way the 'net migration' picture is moving in NZ - read this story in the NZ Herald. NZ will have its day, though it might have to wait a few more years. The notion that you need an income of $150,000 to live in Australia strikes me as utter nonsense. The cost of food in NZ and Australia is better in Australia, particularly after the increase in the NZ GST to 15%. Maybe that was the final straw for the NZ government. They ought to have cut into welfare rather than raise the GST. Anyway, they might be wise to reconsider effectively taxing immigration...as they are driving migration to Australia.
You can rent a place in Artarmon, Sydney for $370 per week. If you are sharing, that is a modest $750 per month. You can therefore live comfortably in Australia for anything over $50,000. In fact most immigrants from NZ would be making $80,000 plus.
Tuesday, July 7, 2009
New migrants rendered homeless by policy
According to an article on Stuff.co.nz “Redundant migrants forced out” on the 4th July 2009 recent migrants to NZ are being forced to leave the country within 21 days unless they can find a new job. Many of the new migrants are not disclosing that they have lost their jobs to avoid having their visas revoked. As a result many of these new migrants are ending up living homeless on the streets. Another aspect of the Government's policy was also causing grief. The government is denying migrants a renewal of their work visas.
The problem of course is a lack of foresight by all concerned. The problem arose because:
1. The NZ government failed to ensure new migrants had adequate savings to cover job loss, apart from any investment they might make in housing.
2. The migrant failed to make provision for mishaps like a downturn in the economy
It is not unreasonable for the government to deny new migrants residency or citizenship, and as a result, to deny them benefits such as unemployment payments. It is however unreasonable treatment given that these people were paying tax and had no part in the problem. The problem of course is a long term recession caused by government stimulus. The stimulus was mostly from the US government, but most Western governments are guilty by indifference. Any taxpayer might also be considered partially responsible. I'm proud to say that I have only voted once in my life, and that was for a libertarian Senator in Australia. Waste of time of course.
The solution of course is to not migrate to NZ unless you have adequate sayings. I am thinking that a lot of people migrate here thinking its a poor man's paradise. The reality however is that whilst welfare is generous, its only available to those with Australian or NZ citizenship or permanent residence.
The problem of course is a lack of foresight by all concerned. The problem arose because:
1. The NZ government failed to ensure new migrants had adequate savings to cover job loss, apart from any investment they might make in housing.
2. The migrant failed to make provision for mishaps like a downturn in the economy
It is not unreasonable for the government to deny new migrants residency or citizenship, and as a result, to deny them benefits such as unemployment payments. It is however unreasonable treatment given that these people were paying tax and had no part in the problem. The problem of course is a long term recession caused by government stimulus. The stimulus was mostly from the US government, but most Western governments are guilty by indifference. Any taxpayer might also be considered partially responsible. I'm proud to say that I have only voted once in my life, and that was for a libertarian Senator in Australia. Waste of time of course.
The solution of course is to not migrate to NZ unless you have adequate sayings. I am thinking that a lot of people migrate here thinking its a poor man's paradise. The reality however is that whilst welfare is generous, its only available to those with Australian or NZ citizenship or permanent residence.
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'Buying NZ Property – Download the free sample readings!
NZ presents some of the most alluring property in the Western World; particularly given the greater easy of residency, the low cost of property, and the liveability of the country. In addition, there is no capital gains tax, transfer taxes, VAT/GST or wealth taxes in NZ, so rest assured that NZ property is tax-effective! Learn more now!
New Zealand Property Report 2010 - Download the table of contents or buy this 180-page report at our online store for just $US19.95. Japan Foreclosed Property 2015-2016 - Buy this 5th edition report!
You can view foreclosed properties listed for as little as $US10,000 in Japan thanks to depopulation and a culture that is geared towards working for the state. I bought foreclosed properties in Japan and now I reveal all in our expanded 350+page report. The information you need to know, strategies to apply, where to get help, and the tools to use. We even help you avoid the tsunami and nuclear risks since I was a geologist/mining finance analyst in a past life. Check out the "feedback" in our blog for stories of success by customers of our previous reports.
Download Table of Contents here.