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When the Facts Change
Chris Hipkins on leading a conservative left-wing government
Sep 7, 2023
Chris Hipkins defends his government's decision to rule out wealth and capital gains taxes. They discuss why people should vote for the Labour Party, highlighting progress made in areas like climate change and housing. The current state of the housing market in New Zealand is discussed, including factors that have impacted it. They also discuss the lack of infrastructure to support population growth and the need to invest in building infrastructure. The importance of urgency in tackling climate change and the potential liability of Labour for emissions credits is emphasized.
26:52
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Quick takeaways
- Increasing the supply of affordable housing is a priority for the New Zealand government, including promoting terraced and attached homes for first-home buyers and rental housing.
- The New Zealand government has decided against implementing a capital gains tax or wealth tax due to challenges in political agreement, potential risks, and complexities in implementation, emphasizing the need for caution when making significant changes to the tax system.
Deep dives
Building Affordable Housing
Chris Hipkins, the Prime Minister, discusses the government's commitment to making housing more affordable. He emphasizes the need to increase the supply of houses for both first-home buyers and affordable rental housing. Hipkins acknowledges the challenges in delivering on this goal, including the need to catch up on building infrastructure and the market's capacity to meet the demand. He also highlights the shift in housing preferences towards terraced and attached homes, which can provide a step on the property ladder while promoting environmental benefits through greater intensification.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode