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" "I have an expectation that there’ll be a cooling in the existing market. But as I say, our view that we absolutely maintain is that we’re bringing on-stream a section of the housing market that is undersupplied and that we don’t expect to see a dramatic drop in people’s housing values. [...] At the moment it’s cooling because we’re seeing potentially that easing off by meeting the fact that we’re easing off a bit of demand. It’s not clear whether or not that will be sustained. We believe that if we want to make sure we’re addressing the issues we have, it is about addressing supply as well.
Jacinda Kate Laurell Ardern (born 26 July 1980) is a New Zealand politician and a Prime Minister of New Zealand from 2017 to 2023.
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The sweet spot is acknowledging that we have pressure on our infrastructure. And I think, actually, that is common ground between all parties that will form this government because there is undoubtedly strain based on the fact that we have had a government that’s entire growth agenda has been based on population growth rather than focusing on making sure that we move to a productive economy. Our view is that it is about the settings. It is about making sure that we are meeting the skills gaps that we have – and we do have them in New Zealand – meeting those skills gaps by making sure that we are undertaking those work tests, by making sure that our export education industry isn’t exploiting people, and by making sure that people on temporary work visas aren’t exploited either. That’s the area we’re focused on, and there’s agreement there.
For me, the measures of success will be both environmental and social. What I’d like to see us do is as a nation have a set of measures that we use consistently so that the public can hold us to account. But as I’ve also said all the way through this campaign, the measure of success to me is not how a financial commentator or an economic commentator from abroad views New Zealand, but how a New Zealander feels about their state of affairs, their hope and chances for the future.
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If that’s the way you want to describe a government that’s going to be active and focused on making sure that we have jobs in our regions, that we have infrastructure that’s well supported and that we’re growing our economy by ensuring that we are investing in our people, then that might be the way you describe it. I describe it as a proactive government – one that’s focused on people.