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 Trump And The Madman Theory

Years ago, Richard Nixon explained to his chief adviser Bob Haldeman what has since become known as the “Madman Theory” of foreign policy. Basically, if America’s rivals could be reminded that Nixon was an unstable, rabid anti-Communist with his finger on the nuclear trigger, Nixon reasoned, then maybe they’d be less willing to challenge the US in the world’s hot spots… More>>

Australia And The South China Sea: Another Foreign Policy Blunder Looming

James O’Neill: The overblown rhetoric from the United States has led at least one commentator to describe so-called ‘analyses’ of the South China Sea situation as “the biggest load of analytical rubbish about South East Asia to emerge since the CIA mistook bee feces for a Soviet-supplied biological weapon in 1981.” More>>

People's Candidates: A Peaceful Political Revolution Begins In France

Alastair Thompson profiles Philippe Mazuel one of 86 largely unknown political contenders who stepped up to become the "People's Candidate" for France's 2017 Presidential election. More>>

Gordon Campbell: On Whether Donald Trump Has Peaked

Perhaps come August, when the Republicans will finally get to anoint their candidate at their convention in Cleveland, Trump’s fortunes will have waned and the delegate count will be sufficiently deadlocked as to create a ‘contested convention’ whereby the party might then be able to turn to a different, dark horse candidate… Dream on. More>>

ALSO:

Max Rashbrooke At 'Future Of Work' Conference: Labour: Lions Or Pussycats?

So far the debate generated by Labour’s conference has been about the universal basic income (UBI), a guaranteed annual payment to every adult regardless of status. It’s probably the big new idea in this field and has proponents across the political spectrum. But Labour won’t actually go there soon ... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
Top Scoops
Search Scoop  
 
 
Powered by Vodafone
NZ independent news