On the 5th November 2008 America Voted in Change with Barack Obama and on the 8th November 2008 New Zealand Voted in change with John Key. A huge symbol of what the world wants and is looking for. At a time when the world seems to be swinging towards governments which are more like our Labour Party, New Zealand voted against this trend and elected in a National Party. This symbolises the overwhelming want for change over party policies.
John Key and Barack Obama both (47) told us in their victory speeches that they have been voted in as a government of change. But the economy in New Zealand faces a difficult year ahead. Key’s election is unlikely to see any dramatic policy shifts in either domestic or foreign policy. This will come as no surprise as the two major parties had similar views on most things. The Major advantage National had in this election was the global trend for change which national capitalised on very well.
Key worked for Merrill Lynch from 1995, first as its head of Asian foreign exchange in Singapore, then as head of global foreign exchange in London. He returned to New Zealand in 2001.
John Key campaigned on the strength of his financial background in an election dominated by economic issues. Our economy has entered a recession and jobs are been lost as growth slows across the Asia-Pacific region in the wake of the global financial crisis. This all comes after a boom that had started in 2000 and kept Helen Clark’s Labour party in office for nine years.
A friend of mine Steve Korber who has been in Real Estate a long time says “Based on my experience of previous election results, the win by National will give the real estate market a short term lift in confidence. A combination of factors, including falling interest rates and more affordable housing should also serve to stabilize the market between now and the end of the year. I expect sales volumes will increase about 10 – 20% compared to historically low numbers over the past few months.”
Just like John Key said last night in his victory speech we have a bumpy road ahead of us. The worlds financial situation is fairly shaky and volatile at the moment. There are industries closing down, people losing millions on the share market but nothing can take your property investments from you. Property will not normally vanish and the fact of the matter is everyone needs a place to live. Through the financial challenges the world is experiencing at the moment property will come out been strong. It always does.
There are many opportunities out there at the moment and this is the time to take hold of them and snatch them up. Confidence is needed and that’s what I think this country has elected in. John Key feels comfortable with money and the number one issue now is the financial state of the country and John Key had a confidence about him that makes many people feel safe. Now we just have to trust he does the right thing for this country.
Well done to John Key and the National Party on their victory. Let’s make this country a great place for all New Zealanders. Also Good Luck to our outgoing Prime Minister Helen Clarke. Big Change is also closing in on the Labour Party with both Helen Clarke the leader and Micheal Cullen the deputy resigning from their positions. So no matter how you look at it there are interesting times ahead for all.