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Chris Hipkins overtakes Christopher Luxon as preferred prime minister in Taxpayers' Union-Curia poll (www.rnz.co.nz)

submitted 6 days ago by Ilovethebomb@lemmy.nz to c/politics@lemmy.nz

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Given that it's extremely rare to have a single term government in NZ, to be polling behind the opposition not even half way through your term is a dramatic swing in public opinion.

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[–] terraborra@lemmy.nz 4 points 6 days ago (1 children)

Could you please outline how you think National brought down house prices?

I’m genuinely interested in your logic because I would have put it down to the recession, which would have happened regardless of who won the last election.

[–] Ilovethebomb@lemmy.nz 0 points 6 days ago (1 children)

I mean, neither of them did all that much, but National helped pass the intensification bill, plus higher interest rates cooled things down.

I'm not sure what effect their other "free market" changes had, but it was mostly the economy, as well as the building industry catching up with demand.

[–] terraborra@lemmy.nz 5 points 6 days ago* (last edited 6 days ago) (1 children)

I agree that both of those things had an impact. However, the Enabling Housing Supply and Other Matters Bill was passed by the previous Labour government with support from National.

Interest rates are also set by the Reserve Bank which is almost wholly independent of the government of the day. The Minister can only appoint the Chairman but all monetary decisions are made by the monetary policy committee and politicians have no say over those decisions.

[–] Ilovethebomb@lemmy.nz 2 points 6 days ago

You're right, very little of what National did helped, but labour achieved exactly the same thing.