Links 11 June 2019

Global Macro / Markets / Investing:






  1. What are the new tobacco laws?

    From 1 July 2019, you will need a permit to import the following tobacco products:
    shisha/molasses tobacco
    loose leaf tobacco for use in pipes or roll-your-own cigarettes

    You don’t need a permit to import:
    chewing tobacco and snuffs intended for oral use under 1.5kg

    They may as well legalise chewing tobacco. The addicts can get mouth cancer instead of lung cancer but I will no longer need to breathe that horrible smoke as I enter the supermarket.

  2. I might have more luck posting this on the weekend links
    Question RE: Super
    Which funds are people using, what are their investments set in?

    Currently I’m with Sunsuper, invested across 25% Aus index and 75% International Index.Wondering whether I have the cajones to change it to cash sometime soon

  3. Hugh PavletichMEMBER

    NEW ZEALAND: When will the government JUST ALLOW affordable new housing to be built … by sorting out land supply / urban limits abolition and infrastructure financing as promised (refer for extensive background information) ? …

    The embarrassing and politically destructive Kiwibuild circus … continues … watch all videos …

    Latest KiwiBuild development revealed for Auckland, as poll shows Kiwis still back the concept | 1 NEWS NOW | TVNZ
    What was a crisis … is now a disaster …

    Conditions ‘utterly unsatisfactory’ at Auckland caravan park that booted John Campbell – Twyford … TVNZ
    … and the public is losing patience … as the latest TV One Colmar Brunton poll illustrates …

    National back in front while Labour takes a dive in latest 1 NEWS Colmar Brunton Poll | 1 NEWS NOW | TVNZ
    Housing & Urban development Minister Phil Twyford knows exactly what needs to be done … as he explained late March …

    New Zealaned Housing Minister Phil Twyfords speech to the New Zealand Initiative Members Retreat … New Zealand Government / Beehive

    … extract …

    … In our view there are three big challenges that have to be addressed:

    1. A broken system for financing infrastructure

    2. A planning system based on urban containment

    3. The failure of governments until now, both local and central, to actively work with the private sector to enable urban growth and expansion.

    … concluding …

    … I talked about the land banking and speculative economy, and the pressure cooker that has given us some of the most obscenely expensive housing in the world.

    These moves are designed to change that. …

    … If we do these things we can truly flood the market with development opportunities. We can break the land banking economy, and drive down the cost of urban land.

    We can achieve more competitive urban land markets. And industry that is more focused on development and building places of enduring value instead of land banking and speculation.

    That is the pathway to more affordable housing, and a systemic fix of the crisis that has caused so much hardship, and sucked so much of our national wealth into residential property instead of the productive economy. … read more via hyperlink above …