Labour versus Reserve Bank on immigration

The Reserve Bank Governor points out an obvious flaw in Labour’s claims they can control immigration numbers.

Wheeler pours cold water on Labour’s anti-immigration policy

Labour’s plans to control immigration look to have been dealt a blow by the Governor of the Reserve Bank.

Labour has promised to control immigration and introduce what it’s calling moderate and sensible measures to help address pressures on housing prices.

But Reserve Bank Governor Graeme Wheeler says it’s very hard to fine tune immigration to meet demand purposes.

“By the time you make an adjustment you may well find the situation’s completely changed.”

What Wheeler says was obvious as soon as Cunliffe opened his mouth about immigration.

But Labour deputy David Parker is sticking to Labour’s policy (that hasn’t actually been defined, just that they would do something).

Labour confident of immigration policy

Reserve Bank Governor Graeme Wheeler says it’s very hard to fine tune immigration to meet demand purposes.

Labour Party Finance spokesman David Parker says the comments don’t undermine his party’s proposals to control immigration.

He says anyone who says so is wrong, maintaining excessive immigration does put pressure on housing supply.

“We don’t accept this unambitious view of the current government that you can’t do anything about house speculation, anything about house prices, or anything about the peaks in immigration.

“You certainly won’t be able to do any of those things if you don’t try.”

a) Smoothing out immigration is extremely difficult when some of the biggest movements – New Zealanders leaving and returning – can’t be controlled at all by the Government.

b) Still no details from Labour about how they might avoid getting peaks in immigration.

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  1. Politics Daily | Homepaddock

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