Tag Archives: State Assets

Why are Horowhenua’s State-owned properties selling to private property developers for well below their Capital Value?

This is actually happening up & down NZ however this article by Veronica Harrod focuses on the Horowhenua. How is this fair given the pensioner housing sold at a loss of $1.86 million and the council wallows in burgeoning debt ($68 mill last time I looked) as are councils up and down the land. The new norm. Next of course will be rates rises to cover this debt & woe betide anybody who complains about that. Never mind the obvious mismanagement of funds on high by very well paid CEs everywhere. Our grandparents who helped accumulate these assets must be turning in their graves… EnvirowatchRangitikei


From Veronica Harrod

 

Land and development company owned by council deputy mayor Wayne Bishop purchased former Horowhenua Hospital site in 2014.

A land and property development company owned by Horowhenua District Council deputy mayor Wayne Bishop paid less than a quarter of the Capital Value for Levin’s former Horowhenua Hospital site in 2014.

According to the Quotable Values database the 4.92 hectare site listed as “Other-Health/Medical” which had a Capital Value of $3.8 million was sold to Wayne Bishop Investments Ltd on August 2014 for $968,000.

Cr Bishop also purchased the 48 hectare former Kimberley Hospital site on leasehold land in 2014 from MidCentral Health where he has been developing a staged “gated” 500 housing lifestyle development called Speldhurst Country Estate. In one year the RV of the former Kimberley Hospital site sky-rocketed from $3.8 million to $11.8 million.

Wayne Bishop Investments Ltd has made three other strategic land purchases adjacent to the former Horowhenua Hospital site including, in one instance, one he paid over six times the Registered Valuation (RV) for.

According to the Quotable Value database on 13 August 2014 Wayne Bishop Investments paid $968,000 for a residential-vacant lot in Hinemoa Street which had a RV of $165,000.

Two years later on September 1, 2016 Wayne Bishop Investments paid $1.2 million, double the RV of $520,000, for 2.33 hectares of land next to the former hospital site which means he owns 10.5 hectares of prime real estate land on Liverpool Street.

His company also purchased another 3.6 hectare block of land behind the former hospital site where Hinemoa Street and Awatea Street joins with Waimarie Park.

Last year the council voted in a publicly excluded council meeting to sell the council owned pensioner housing portfolio for a firesale price of $5.2 million to land and property developer Willis Bond which includes pensioner housing units at Waimarie Park.

An Audit NZ report for the Year ending 30 June 2017 presented to the public for the first time at the February 18 Finance, Audit and Risk committee revealed the council lost $1.86 million on the sale of the pensioner housing and 1.1 hectare of land to Willis Bond.

According to a leaked copy of the terms of sale Willis Bond are only required to retain the pensioner housing portfolio as community housing until 2029 but the public don’t know whether Cr Bishop has a conflict of interest or whether he declared a conflict of interest, because voting was done behind closed doors.

Cr Bishop has three land and development companies including Wayne Bishop Investments Ltd, Wayne Bishop Builder and Wayne Bishop that collectively own extensive land and property interests across New Zealand including Horowhenua.

After he was elected Cr Bishop openly stated in a media interview he would represent the “development community”, a euphemism for land and property developers, and revealed he had four Horowhenua land and property developments on the go.

He is now in an influential council position as deputy mayor and deputy chair of the council’s in-house economic development board, which has multi-million dollar vested interests in land and property development and construction industries.

Since he was elected to council in 2011, after securing 519 of 2189 votes, council has become increasingly involved in pushing a land and development agenda – including rolling out an extensive number of land and development projects – to such an extent the district is now referred to as the construction hub of the lower North Island.


Veronica Harrod is a qualified journalist with a Master of Communications specialising in traditional and new media content. Investigating and reporting on political, economic and legislative trends that negatively impact on the day to day lives of people is one of her main areas of interest. Lifestyle content she is interested in includes celebrating our own especially the tireless work community advocates do as civil citizens participating in democracy to keep those in power on their toes. In a media age dominated by a multi billion dollar communications and public relations industry paid to manipulate information to protect and advance the interests of the few over the many there have to be journalists who are impervious to the all pervasive influencial role they have over local and central government and corporate interests.

For more information about Veronica’s professional qualifications see her Facebook page.


RELATED:
Massive Rates Rises Predicted in Horowhenua that will Subsidize Land Developers Reaping Potential Profits of Over $100 Million
THE ILLUSION OF DEMOCRACY – HOROWHENUA DISTRICT COUNCIL IS ROLLING ITS NEW DEPUTY MAYOR AND WON’T BE OPENING THE BOOKS … WHAT’S TO HIDE?

NOTE: Cr Campbell was originally removed from his new post as DM because he had spoken out about conflicts of interest within council as I recall it at that meeting which was preceded by a public protest and also streamed.

Labour is fixing the Nat-created housing crisis with Agenda 21/30 emergency units that look not unlike prison cells

1516852828757.jpg
The emergency housing ‘cells’ under construction… Photo: stuff.co.nz

As we know the Nats created a great hole in the State owned housing stock by selling off & land banking properties situated on prime real estate. Now Labour’s set to fix it with ‘affordable’ tiny housing. This is the global trend of course under the UN’s plan for sustainable development. (Sustainably developing developers’ bank accounts, nothing much else is being sustained … note worst pollution of waterways ever, councils are lip service only). With large swathes of the South Island just sold (rather gifted) off shore, governments/corporations have been full on privatising all our state assets with Public Private Partnerships that you all should examine a little more closely. More smoke and mirrors. For a full exposé you need to read Dr Naomi Jacobs’ ebook, a link there to the pdf is on the Agenda 21/30 in NZ page.

Further food for thought is the current new law in Australia that stops you declining vaccination for you or your child (or face 10 years imprisonment) and the stopping of private citizens and asking for papers/ID in the US. This is the beginnings of a totalitarian Police State agenda. That is the fairly plain writing I am seeing on the wall.

Here are the NZ tiny houses from stuff.co.nz … where are the windows?!

1516852828757
Photo: Stuff.co.nz … artist’s impression of the new emergency housing

Housing crisis solution described as ‘design and planning monstrosity’

A building expert has slammed the Government’s latest emergency housing solution as a “design and planning monstrosity”.

Engineering consultant Jonathan Smith said the design of the small West Auckland units was unacceptable.

“The units are an eyesore and a design fail.”

The one-bedroom properties have already been criticised for looking like “prison cells”.

Single people would live in the prefabricated dwellings, for an average of three months, under the Government’s transitional housing programme.

Smith said the units were a “design and planning monstrosity”.

READ MORE

https://www.stuff.co.nz/auckland/local-news/western-leader/100849072/housing-crisis-solution-described-as-design-and-planning-monstrosity

Agenda 21/30’s stack and pack / tiny housing is world wide

The Chinese Version of Agenda 21 and Why The U.S. Should Care

As most aware people already know, England often provides us with a forward-looking view of where our police state surveillance grid will be in three or four years.

The US has a canary in the mine from which to predict its future and it has to do with how China are implementing Agenda 21. China has long led the world in repressive and inhuman enforcement of its one child policies, mandatory sterilization and forced abortions…. read more

And this is not just China. A search online will see the tiny house trend everywhere. We’ve posted here recently on the trend and the steering away from large sections, formerly a Kiwi tradition.
Use categories to find other articles here on the roll out of UN Agenda 21/ 30.

RELATED:

‘Prison cell’ emergency housing units will house people for three months

 

 

 

Why our state housing stock is being sold off while thousands of Kiwis are homeless

This is a repost of this article. Timely as in HNZ has just announced they’ll be shortly out of funds. No surprizes! Why if these people have degrees in accountancy are they running us into the ground peeps? Do check out the links recommended in the older article here (Agenda 21 and Banking), and read about the new debacle here.
EnvirowatchRangitikei


The Prime Minister John Key announced earlier this year that he intended to sell off  1000 to 2000 of NZ’s state houses. Large numbers of these homes were built by the first Labour government in 1935 and as of 2013 the stock numbered 69,000. That era had marked the birth of our welfare state and the tenants of the first house that was finished and let in 1937, paid just one third of their income in rent. Fifty years later we had the Labour government promising to remain involved in NZ’s housing market, then with the event of  Rogernomics and Roger Douglas’s neo liberal economic policies (the new economic ‘experiment’ that benefited those at the top of the capitalist pyramid and launched the ever increasing gap between rich and poor) rents were raised to market rates. Tenants could then apply for a government subsidy called an accommodation benefit,  effectively subsidizing the landlords. By 1997, 60 years later, tenants were paying three quarters of their income in rent. The welfare state in NZ, having officially begun with the Social Security Act in 1938 and the state ensuring every New Zealand family had at least a minimum standard of living, was now descending rapidly into an abyss of debt and for many, poverty. We’ve effectively gone from free milk in schools to kids with no lunch at all.

In a recent article by Bryan Bruce, advocate for NZ’s children in poverty, and maker of the documentaries ‘Mind the Gap’ and ‘Inside Child Poverty‘,  some interesting questions are raised, questions many New Zealanders have also been asking.  Questions like why is the Key government selling off our state housing stock, especially when thousands of families have nowhere to live? NZ is in fact experiencing a housing crisis, described by the Salvation Army as an ‘unfolding social disaster’. On the one hand we have soaring house prices in Auckland that have so inflated the market few can afford them, and on the other, according to Auckland’s City Mission estimates,  the numbers of people sleeping rough in Auckland for the year 2013-2014 virtually doubled.

The NZ Parliament website states that a “2013 University of Otago study using 2001 and 2006 Census figures and emergency housing data estimated that 12,900-21,100 dwellings would be needed to house the 2006 severely housing deprived population. These were in addition to housing required to address other forms of need, and underlying demand”. 

In total, “An estimated 34,000 people, or about one in every 120 New Zealanders, were unable to access housing” in that year  (University of Otago Monday, 23 September 2013).

“A nation’s greatness is measured by how it treats its weakest members.”
~ Mahatma Ghandi

Now it gets interesting. The usual rationale proffered for asset sales since they began with Rogernomics,  have been ‘to get us out of debt’ or ‘save us money’, giving the impression they are no longer breaking even let alone making a profit.  Bruce however reveals that the HNZ corporation has in fact been making a very healthy profit (links in his article).  Clearly it would be more prudent to keep this asset.

Further facts Bruce highlights are:

  • the housing stock is worth $18 billion
  • the operating surplus for 2013 was $121 million
  • the same year it returned a $90 million profit
  • the previous two years’ profit were $76 and $68 million
  • profits have increased significantly under the National government

Bruce raises questions like, where did those profits go? Why have they not reinvested the profits into the housing stock?  Why sell housing stock in the regions when they are presumably encouraging folks to move to the regions? (Agenda 21 maybe? … the real plan  for UN’s Agenda 21 aka Sustainable Development is to have populations relocated out of rural and into urban areas).

You may not be aware of this, but NZ is a corporation. Our country is listed on the Securities and Exchange Commission website as a corporation under the name of Her Majesty Queen Elizabeth. Most will be aware that corporations are required to turn a profit … to maximize profits is their legal mandate. They are not about, nor are they required to be about the welfare of people. (Watch two minute movie trailer for ‘The Corporation’ below).

So as our corporation steams along at full speed, rapidly selling off both our country and its assets,  those who head it up are giving us the impression they govern as elected representatives of the people. In a sense they do but their real agenda, their corporate bottom line, is hidden from view. Corporations if you study them, and as the above trailer illustrates quite succinctly, are not required to consider the effects their economic activities have on people. I strongly urge you to watch the full documentary on ‘The Corporation’ page. You will then be joining some dots and making sense of what is really happening in our midst. As long as we remain a corporation, poverty will not disappear. The welfare state has always existed merely to give capitalism a human face. That capitalism is now shamelessly profit driven and the human face is disappearing fast.

nz is a corporation
NZ is registered as a corporation under the name of Her Majesty the Queen of England (Courtesy of wakeupkiwi.com) Click on image to enlarge

Check out the links and see for yourself where and how we are listed on the Securities and Exchange Commission’s website here. 

See our Money pages for more info & links, &/or search categories for further related articles (at left of any page).

Please like our FB page &/or follow our blog (right of any page) and do spread the word on all the untruths we have been told!

EnvirowatchRangitikei


Other Links:

Government to sell 1000 to 2000 state houses  Stuff.co.nz

Housing NZ’s the Problem Newstalk ZB

Government’s state housing sell-off gets stranger   Stuff.co.nz


Featured image: “State houses at Arapuni Hydro Works” by Archives New Zealand – State houses at Arapuni Hydro Works. Licensed under CC BY-SA 2.0 via Wikimedia Commons – https://commons.wikimedia.org/wiki/File:State_houses_at_Arapuni_Hydro_Works.jpg#/media/File:State_houses_at_Arapuni_Hydro_Works.jpg