Scoop has an Ethical Paywall
PREFU - need to focus on quality of expenditure
Media release
6 October 2008
PREFU shows need to
focus on quality of expenditure
The red ink revealed in today’s Pre-election Economic & Fiscal Update brings a need to focus on the quality of government spending, says Business NZ.
Chief Executive Phil O’Reilly says the new government, whoever that may be, will need to exercise great discipline.
“The accounts show no room for anything other than quality spending. Examples of poor quality spending are not hard to find – giving free money to students, for example, or recycling money through Working for Families with its wasteful churning effect.
“On the other hand, well designed tax reform or quality infrastructure development more likely come under the category of quality spending, as these provide incentives for productivity and growth.
“Business NZ will apply the litmus test of ‘quality spending’ to all political party promises around future expenditure.”
ENDS
REINZ: Buyer Activity Softens As Living Costs Remain A Consideration Across Key Regions
Better Taxes for a Better Future: Tax Policy Welcome Contribution, But Missed Opportunity To Tackle Wealth Inequality
Google Threat Intelligence Group - GTIG: Google Threat Report Warns AI-Driven Cyber Operations Are Scaling Across Global Threat Landscape
Commerce Commission: Baseline Research Report On The State Of Competition In New Zealand
University of Auckland: Junk Food Designed To Make Us Eat More, Study Finds
Spark: New Report Sets Out Outcomes-Led Approach To Lift Rural Connectivity Using The Right Mix Of Technologies
