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


More broken promises

Hon Dr Michael Cullen
Minister of Finance

22 August 2005 Media Statement

More broken promises

National’s tax policy release today will mark the culmination of a string of broken promises, says Finance Minister Michael Cullen.

“John Key told us on a number of occasions that the cost would be about $1 billion. Now it appears the personal tax changes alone will cost two and a half times that amount.

“Even to be able to make a flimsy pretence of affordability, just about every other promise National has made over the last couple of years has been jettisoned.

“Out the window have gone, amongst other promises:

- Removal of the 5 cents a litre petrol excise duty increase

- Big spending increases in defence

- The funding for abolishing parole.

“What’s left cannot even meet current service needs let alone the cost of compulsory bulk funding [$350 million if no school suffers a cut] or meeting the pressures on aged care services, for example.

“National’s throwing everything and borrowing more in a desperate bid to stave off a third election defeat. All that would save them in the unlikely event of election would be the fact that no other party likely to be in Parliament will vote for this nonsense,” Dr Cullen said.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Minister of Finance: Plan Shows $100 Billion Infrastructure Projects

Finance Minister Bill English has today launched the Government’s Ten Year Capital Intentions Plan (CIP) which shows a pipeline of $100.9 billion worth of infrastructure projects over the next decade. More>>


Werewolf: Safe Landings Gordon Campbell on the safety challenge to the Wellington runway extension.

The safety-related legal challenge revolves around the size of the 90 metre long Runway End Safety Area (RESA) being proposed for the runway extension. More>>


Environment Commissioner: We Need To Work Together On Climate Change And Farming

“The debate around agricultural emissions and the ETS has been polarised for too long,” said the Commissioner. “But the ETS is not the only way forward – there are other things that can be done.” More>>


NZ Super Fund: Seeking To Put A Market Price On Climate Change

Oct. 19 (BusinessDesk) - The New Zealand Superannuation Fund says it will devise a set of rules to assess investment winners and losers under climate change, a strategy that could rule out fossil fuels or producers such as current portfolio member Exxon ... More>>


Rejuvenation: Parata Will Not Contest 2017 Election

Education Minister and National List MP Hekia Parata has today announced that she will not be contesting the next election. She advised the Prime Minister of her decision earlier this year. More>>

Prisons Grow: Government Approves Plans For Increased Prison Capacity

Despite significant progress in reducing crime the number of prisoners has increased faster than projected. This is because the proportion of offenders charged with serious crimes has risen, meaning more people are being remanded in custody and serving more of their sentences in prison. More>>


Gordon Campbell: On Plastic Bag Activism, And Street Harassment

Amusing to see the Act Party experiencing another outbreak of young fogey-ism. What has aroused the ire of Act Leader David Seymour this time is the introduction of a Greens private members bill to the ballot process, calling for a 15 cents levy on plastic bags to reduce pollution. More>>


Unclear Weapons: US Navy Ship Cleared To Visit NZ For Navy's 75th

United States Navy ship, the USS Sampson, has been given clearance to visit New Zealand next month by Prime Minister John Key... “The process for considering the visit by the USS Sampson is the same as that used for all ships attending the International Naval Review." More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news