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Three men in suits engaged in conversation stand in front of a green background featuring graphic badges labeled "ECHO CHAMBER.".
David Seymour, Gerry Brownlee and Christopher Luxon during question time (Image: The Spinoff)

PoliticsFebruary 12, 2025

Echo Chamber: David Seymour is a very naughty boy

Three men in suits engaged in conversation stand in front of a green background featuring graphic badges labeled "ECHO CHAMBER.".
David Seymour, Gerry Brownlee and Christopher Luxon during question time (Image: The Spinoff)

The Act leader gets a telling-off from the principal and prime minister Christopher Luxon loses his cool in a heated question time.

Echo Chamber is The Spinoff’s dispatch from the press gallery, recapping sessions in the House. Columns are written by politics reporter Lyric Waiwiri-Smith and Wellington editor Joel MacManus.

As New Zealand’s most senior elected officials gathered in the hallowed halls of the debating chamber, speaker Gerry Brownlee reminded them of an important parliamentary rule: don’t drive vehicles into the building.

His warning was directed at Act leader David Seymour, who on Monday had attempted to drive a Land Rover up parliament’s steps as part of a charitable fundraiser. Brownlee read out a half-hearted mea culpa his office had received from Seymour: “Please accept my apologies for any offence this may have caused.”

Labour leader Chris Hipkins wasn’t ready to move on. He pushed the speaker about Seymour’s claim to media that the organisers had received permission for the stunt. Brownlee confirmed they “most definitely” had not. Te Pāti Māori co-leader Debbie Ngarewa-Packer suggested Seymour’s actions had breached tikanga relating to the two pou flanking the steps of parliament.

A man in a blue suit and tie speaks at a wooden lectern in a government chamber. Seated behind him are three people, two men and a woman, listening attentively. Microphones are visible at their desks.
Chris Hipkins on the attack

Labour recently called for Seymour to be sacked as a minister over the stunt, in combination with two other scandals: his writing a letter to police in support of Philip Polkinghorne during the investigation of the death of the Auckland eye surgeon’s wife in 2022, and his inaction that same year after being warned that his party’s president, now convicted sex offender Tim Jago, was a sexual predator. Seymour was without his usual question time smirk but didn’t look worried either. He sat there silently and expressionless.

Hipkins aimed his questions at the man opposite him, prime minister Christopher Luxon, but his focus was still very much on Seymour. Does the prime minister take responsibility for his ministers? (Yes.) Is he confident Seymour didn’t breach the cabinet manual? (Yes.) Were his actions lawful? (That’s a question for the speaker.) “Show some leadership,” Labour’s Megan Woods yelled.

He finally struck pay dirt by questioning whether the prime minister had ever asked Seymour if he had received political donations from Polkinghorne. Luxon revealed he had not asked. The opposition benches roared, and things kicked into gear. Luxon danced a fine line, arguing that any donations would be irrelevant to the cabinet manual because Seymour was not a minister at the time he wrote the letter, merely an MP. National’s Judith Collins sat next to David Seymour and argued on his behalf like a personal lawyer. She first said that there was a difference between party and candidate donations. Hipkins counterpunched by pointing out that other ministers had exempted themselves from decisions based on party donations. Luxon winced and shook his head as if to say, “Aww, come on man.” Parliament’s two nerdiest boys, Hipkins and Chris Bishop, had a long back-and-forth about the speaker’s rulings while Brownlee occasionally mixed up their names.

A man in a suit and pink tie speaks at a podium in a formal setting, possibly a government or legislative chamber. People in suits are seated nearby, listening attentively. Wooden desks and glass water bottles are visible.
David Seymour, sans smirk

Finally, the man everyone else was yelling about stood up… and immediately knocked his glass of water onto the floor in front of him. “Ooooooooh!” went the opposition. “It would be the easiest thing in the world for me to just stand up and say there has been no such donation, but I won’t do that,” Seymour said. He urged every MP to think about the implications of declaring every possible donation whenever they made a decision. “If you really want to go there, we can,” he warned.

“Let’s go there! Let’s do it!” yelled Greens co-leader Chlöe Swarbrick.

Strategically, Hipkins’ focus was not to get Seymour fired or to hurt Act’s party vote – it was to expose Luxon as a weak leader with no control over his coalition partners. Luxon grumbled to himself and shook his head. Hipkins thinks he has found an opening, and the reaction in parliament on Tuesday suggested he may be onto something.

Luxon has a tell when he gets frustrated – he repeats lines he has used before. It’s a defence mechanism. He goes back to the greatest hits and avoids the question at hand. When asked about job losses in the construction sector, Luxon called Hipkins “the arsonist returning to the scene of the fire” (the fifth time he has used that line in parliament this term). Luxon’s face got redder and his speech got louder and he yelled about “kumbaya and mush”, “economic mismanagement” and “the muppets on the other side”.

The noise from the opposition reached a crescendo too. Labour and Green MPs got excited, recognising the prime minister’s show of strength as the exact opposite – an admission that he’d lost his cool and couldn’t give a substantive answer. To conclude, Hipkins asked one final question: “What’s Nicola Willis more likely to replace this year – the Interislander ferries or him as prime minister?”

Chlöe Swarbrick and the lunches she may or may not have taken from a child

One fun moment

Chlöe Swarbrick, during a question about the government’s new school lunches ending up in landfills “as a result of them being inedible”, produced three of the prepackaged school meals.

As she placed them on her desk, Winston Peters made a point of order:

“Mr Speaker, since when in standing orders is a member allowed to bring their lunch to parliament, let alone having taken it from a schoolchild?”

New Zealand visa application form with a hand holding a pen, overlaid with floating, colourful $100 notes.
Image: Getty Images, additional design The Spinoff

BusinessFebruary 11, 2025

The visa changes to lure rich investors to Aotearoa, explained

New Zealand visa application form with a hand holding a pen, overlaid with floating, colourful $100 notes.
Image: Getty Images, additional design The Spinoff

Migrants with money are the focus of new visa settings that the government hopes will boost the economy. Alice Neville explains.

What’s all this then? 

On Sunday, as part of the government’s big plan to kickstart economic growth, changes were announced to the Active Investor Plus visa category, with the goal of making it easier for cashed-up foreigners to bring their lovely piles of money to Aotearoa.

Sounds good, I guess? What’s the Active Investor Plus visa?

We have a bunch of different visa categories that allow people from other countries to live, work, start a business or invest here, and the Active Investor Plus (AIP) visa is the one that lays out the welcome mat to potential migrants with plenty of pūtea, hence its nickname: the “golden visa”.

How much pūtea are we talking?

Since 2022, when the previous government brought in some strict new criteria (which sent applications plummeting), to be eligible for this visa you have to invest “NZ$15 million or the weighted equivalent in acceptable investments in New Zealand”. The “weighted equivalent” bit refers to a system that gives certain more “active” investments greater weight – direct investments (ie a capital injection in a plucky little Kiwi startup, in one scenario) get triple weight, meaning $1 = $3 (meaning you could put just $5 million in and it would count as $15m). Investing in managed funds gets double weight ($1 = $2), while a dollar equals a dollar when it comes to investments in philanthropy and listed equities, ie shares in a company listed on a stock exchange (which can make up only half the total investment). Those mentioned above are the only investments deemed acceptable.

I’m confused. 

Don’t worry, that’s all changing anyway. From April 1, the AIP will be divided into two categories: “Growth” and “Balanced”. Growth is the higher-risk option, requiring a minimum investment of $5m over three years in direct investments or managed funds. Balance is lower-risk and for bonds, listed equities and philanthropy, with a $10m minimum over a five-year period (five-year direct investments or investments in managed funds also come under this category, with a $10m minimum). 

I’m still confused.

Don’t worry, basically all you need to know is that the requirements for this visa are being loosened. Property investment, which doesn’t count towards an AIP visa currently (though a managed fund can hold 20% or less in the property sector), is now allowed, as are bonds (those are when you essentially lend money to the government, a council or a company and are paid regular interest on your investment).

Why do we want foreign investors anyway?

“Foreign investment has the potential to provide jobs for Kiwis, lift incomes by delivering new businesses and investing in existing ones,” said economic growth minister Nicola Willis in the press release announcing the changes. The revamped visa will incentivise investors “to choose New Zealand as a destination not just for their capital, skills and international connections, but to build a life for themselves and their family here”, added immigration minister Erica Stanford. 

map of christchurch covered in houses
Image: Tina Tiller

Won’t they just buy all the property, send house prices sky high and further munt our already munted property market?

Well there’s the foreign buyer ban, remember.

Oh yeah. Remind me, what’s the deal with that?

In a controversial move intended to alleviate our overheated housing market, the Labour government in 2018 banned most non-ordinarily-resident visa holders from buying existing houses (more on that below). During the 2023 election campaign, National pledged to repeal the ban on foreign buyers for homes of $2m or more and chuck a 15% tax on such sales, with the resulting revenue to be used in part to pay for tax cuts. A spanner in the works by the name of Winston Peters (OK, the coalition agreement with NZ First) scuppered that plan, so the ban remains.

Won’t not being able to buy a house dissuade rich foreigners from bringing their money here to “build a life for themselves and their family”?

That’s widely considered to be a sticking point, yep, as joining the renting contingent doesn’t generally appeal to the very wealthy. A resident visa holder can buy a house in New Zealand only if “ordinarily resident” in New Zealand, meaning they have to lived here for at least 12 months and have been physically present in the country for at least half of that, which might not fit with the lifestyle of your average cashed-up jet-setting foreigner. There could be change afoot, however… 

Please, tell me more.

With pleasure. Peters has indicated he could be open to a softening of the foreign buyer ban for the right (read: rich enough and committed enough) potential migrant. Stanford told RNZ that discussions on that topic were continuing, which the prime minister reiterated at yesterday’s post-cabinet press conference. “When we’re ready to tell you, we’ll tell you,” said Christopher Luxon.

Righto. Are any other changes being made to the AIP visa?

Yep, a “reasonable level” of English is no longer needed, and the time-spent-in-New-Zealand has been reduced: just 21 days in three years is required for the Growth category (so an average of a week per year), and 105 days over five years for Balanced (which can be reduced to as little as 13 days a year if more money is invested).

Interesting. Have any other issues been raised? 

There are some doubts about whether the changes will really “turbocharge our economic growth, bringing brighter days ahead for all Kiwis”, as Stanford put it. Unsurprisingly, Labour was unimpressed, with immigration spokesperson Phil Twyford saying, “Allowing people to buy residence by parking their money in a passive investment like property that won’t generate jobs or sustainable economic development for New Zealand doesn’t sit well.” 

Business journalist Bernard Hickey of The Kākā (paywalled) was also sceptical, saying most of the money brought in by migrants on this visa would “simply go to the government as purchases of government and local government bonds, rather than investment in actual businesses”.

Writing on the golden visa phenomenon for BusinessDesk, Dileepa Fonseka said that many countries including Spain, the Netherlands and Portugal were in the process of winding back their own schemes. He pointed to research by London School of Economics assistant professor of sociology Kristin Surak that found the effects of golden visas on overall growth in most countries was modest, and there could be negative after-effects, such as in Greece, where golden visas contributed to destabilising the property market.

What else is the government up to in the foreign investment realm?

It’s a key focus, that’s for sure. An investment summit is being held next month to “showcase upcoming infrastructure opportunities for partnership and investment” to about 100 “leaders from global investment and construction companies”, it was announced yesterday. Last month, a new agency called “Invest New Zealand” was unveiled, a “one-stop shop for foreign direct investment” with a focus on increasing capital for “banking and fintech, critical infrastructure like transport and energy, manufacturing, and innovation”.

February 12: An earlier version of this post has been updated to clarify the rules around the foreign buyer ban

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