Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Finance Minister should hang his head in shame

John Key
National Deputy Finance Spokesperson

3 March 2004

Finance Minister should hang his head in shame

Finance Minister Michael Cullen should be ashamed by the sneaky way he is attempting to introduce CPI indexation for petrol tax, says National Party Deputy Finance Spokesman John Key.

"Currently only tobacco and alcohol are indexed to the inflation rate. But now the Government is adding fuel and road user charges to the list, which effectively adds about half a cent per litre on all petrol.

"As is the habit of this Government, more and more taxes get lumped on the public, and in this case not even with the courtesy of an explanation.

"This adds up to another 20 million dollars of revenue taken from the pockets of taxpaying New Zealanders, and put into the coffers of a Government already running a large surplus.

"However, there is absolutely no guarantee that the money will be used for roading improvements," said Mr Key.

"The truth is that the amount of excise revenue is being eroded because of vehicle efficiency, so the Government is raising the tax in order to keep up.

"This is a pretty perverse way of rewarding motorists for buying more fuel-efficient cars.

"Dr Cullen is a Minister reeling from a disastrous month in the polls, who is afraid to get out there and tell the public the actions his Government is taking.

"Treating people like mushrooms might work for members of his own caucus, but it's not the level of behaviour the public expect from their Minister of Finance," said Mr Key.

Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news