Kiwi PM slams Labour’s China blame
NEW Zealand Prime Minister John Key yesterday accused the opposition Labour Party of “desperate” tactics in blaming Chinese investors for rising house prices in Auckland.
Labour released data last week purporting to show that 40 per cent of buyers in Auckland were Chinese.
But the data was based solely on whether the surname of buyers appeared to be Chinese.
Mr Key stopped short of calling Labour racist but said the Opposition was deliberately misleading the public.
He also accused his centre- left opponents of betraying their commitment to multiculturalism.
“The Labour Party that I’ve known for the last 13 ½ years that I’ve been in politics is the one that’s talking about an open, multicultural society,” he said.
Labour leader Andrew Little said the impact of foreign ownership in Auckland was a topic that needed debate.
Prices in Auckland soared 26 per cent to an average of $ NZ755,000 ($ A674,000) in the year to June, while prices outside the city were steady.