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


Act Doth Protest Too Much

11 March 2005
Media Statement
Act doth protest too much - Cullen

"The record of this government has been to extend rather than narrow the information presented in the Crown Financial Statements," Finance Minister Michael Cullen said.

"We introduced a new measure - the OBERAC - early in our first term to complement the existing indicators; the operating balance, net debt, gross debt, and net worth.

"More recently, we have brought a stronger focus to the cash position in order to more clearly show the connection between the operating balance and total government activity represented through movements in gross debt.

"To try to conjure this into an attempt to obscure fiscal reporting as Act is doing is patently absurd and underlines Act's desperation as it attempts to justify its reckless tax policies," Dr Cullen said.

"Act's proposed massive tax spend up would make yesterday's rates rise look like a drop in the bucket."


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>


Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>


More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>


Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>


Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>


General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news