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Greens relationship strong: Little

NZ Newswire logoNZ Newswire 27/07/2016

Despite an agreement with the Greens that there will be no policy surprises, Labour leader Andrew Little says the first he learned of a potentially world-first policy to reduce house prices was in the news.

Greens co-leader Metiria Turei revealed on Wednesday that her party wants to see property prices reduced by the government over the next 10 to 15 years.

But Mr Little says it's not a policy Labour would ever support.

"I've never seen anywhere in the world where property prices have been managed down over a 10 to 15 year period," Mr Little told RNZ of the "mystery policy" first made known to him through the media.

"The next Labour-led government won't be taking any measures to interfere in prices that it has never, ever controlled before. Central government simply doesn't do that."

As part of their co-operation agreement, both Labour and the Greens promised not to surprise each other with policies.

Mr Little, who first learned of the policy via a radio interview, wouldn't directly answer questions about how the shock announcement affected that agreement.

He his party's relationship with the Greens was as strong as ever and despite differing views on this policy, they had shared understandings on building more affordable homes and keeping speculators out of markets.

But Prime Minister John Key said while the parties were "in bed together" a policy of the Greens was a policy of Labour.

"That is a future government policy to reduce your house by 50 per cent. Personally, I think it's barking mad," he said.

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