Book Reviews | Gordon Campbell | News Flashes | Scoop Features | Scoop Video | Strange & Bizarre | Search

 


PM's Presser 21/3/11: Budgetquake

PM's Presser 21 March 2011


John Key press conference
Click for big version

Today's post-cabinet press conference concentrated on the Government's proposal to pay for the costs of the Christchurch earthquake and rebuilding through spending cuts on other areas (excluding education and health). There was discussion the effect changes such as restructuring might have, where cuts should be found, the Prime Minister's response to the IMF delegation visiting the country and whether large cuts could be well thought out in the time available. Mr Key said that question would ultimately be decided by a general election.

The Prime Minister began the press conference by announcing his support for UN-backed action in Libya, which he described as "necessary, proportionate and legal". He said that New Zealand would be implementing the UN sanction regime, although he did not believe there were Libyan state assets in New Zealand that could be frozen. Although not covered by the sanction regime, education authorities have been advised to cease dealings with Libya for the time being.

The Government will also be donating one million dollars to relief efforts in Japan through the Red Cross.

The Prime Minister also wish Labour MP Trevor Mallard a speedy recovery following a bike crash on Saturday.

Fact check: The Prime Minister states that "the bulk of New Zealanders" earn 40 to 75 thousand dollars a year.

According to Statistics New Zealand's New Zealand Income Survey results for the June 2010 the median income (the amount which half the people in the country earn below) was $529 per week, which equates to $27508 per year. According to the survey's technical notes the collected data was cash only, pre-tax (gross) income wherever possible, and did not include any non-cash fringe benefits.

Or by this table the median weekly income for those in paid employment is $767 ($39884 per year).

So either way It's not possible to muster a majority starting at $40,000 and going up.

Update: This spreadsheet [XLS, see table 5] gives the median weekly income in the June 2010 quarter as $800 ($41,600 per week).

Which leaves Scoop at a bit of a loss as to what the Prime Minister means.

********

© Scoop Media

 
 
 
 
 
Top Scoops Headlines

 

Gordon Campbell: On The Myopia Of The Business News

Listening to the business news is a bit like eavesdropping on the radio transmissions from space aliens. There is no discernible connection between the concerns of the captains of these space ships – the bank economists and the finance house spokesmen – and the concerns of ordinary listeners back on Planet Earth. More>>

ALSO:

Gordon Campbell: On Clinton, Sanders, Trump And Cruz

Come November, the world will have a new US president-elect and the least unlikely winner still looks to be Hillary Clinton. Right now though, the polls are showing a rocky stretch ahead for her in the immediate future. More>>

ALSO:

Binoy Kampmark: Sean Penn And El Chapo - Vanity, Hollywood And Reportage

Leaving aside Sean Penn’s personal history with drug use, let alone alleged efforts to get a slice of celebrity in portraying a drug lord, the furore surrounding his interview with El Chapo is instructive in a few respects. One is worth noting: the blind rage it has provoked with some US political figures and advocates who show how utterly lacking in understanding they are of their own liberal market system... More>>

ALSO:

Gordon Campbell: On Podemos, And Spain’s Election Stalemate

By hard grassroots effort, it convincingly rejected the fragmented, individualising forces that had shaped political life for the past few decades – instead, it organized its supporters on the basis of their common, communal experience via collective decision-making aimed at rolling back (a) the austerity-driven cutbacks in public services and (b) the home evictions of those unable to meet their mortgage payments. More>>

Binoy Kampmark: Merkel, Refugees And The Cologne Attacks

Huge pressure was already on Angela Merkel’s shoulders prior to the New Year celebrations. When it came in its waves of chaos on the eve, the security services in Cologne were found wanting. The police document from Cologne, leaked to Der Spiegel, speaks of chaos and lack of control. More>>

NZ Media In 2015: ‘Digital First’ Strategies Put Journalists Last

Journalism in New Zealand is threatened by the constant culling of editorial jobs and current affairs programmes… Additionally, journalists investigating issues which are in public interest have become under scrutiny as seen most clearly in the cases of Nicky Hager and Heather Du-Plessis Allen. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
Top Scoops
Search Scoop  
 
 
Powered by Vodafone
NZ independent news