Latest / The Kākā by Bernard Hickey
The fire fueled by our housing and poverty crises
TL;DR: The Loafers Lodge fire has exposed the extent of Aotearoa’s housing and poverty crises, just days before the Labour Government will unveil yet another ‘no-frills’, ‘just the basics’ and ‘bread and butter’ Budget aimed at keeping interest rates low and asset values high, rather than investing heavily to solve these twin crises.
Speaking on the eve of tomorrow’s Budget, Finance Minister Grant Robertson again emphasised his fifth Budget would continue to ‘strike a balance’ that prioritises low public debt and low taxes over the massive inter-generational investment needed to both rectify…
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