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

 


Show us the papers!

John Key MP National Party Finance Spokesman

06 September 2005

Show us the papers!

National Party Finance spokesman John Key says Michael Cullen is still refusing to release the full Treasury costings for Labour's student loan election pledge.

"What is Dr Cullen trying to hide?

"National has made a legitimate request for the full Treasury costings of Labour's loan scheme, but Dr Cullen is stone-walling our efforts."

Mr Key is referring to an Official Information request where Dr Cullen confirms he asked Treasury 'to cost a range of interest free student loans scenarios'.

"The Finance Minister has only provided the slimmest of outlines, and has still failed to produce any of the written material that would normally accompany such a significant policy.

"National is to take up Dr Cullen's decision to withhold the advice with the Ombudsman, but we are urging Labour to put that information on the table before they are forced to do so.

"Labour is clearly stalling for time. The student loan policy is an irresponsible policy that encourages students to borrow the maximum and repay the minimum.

"Even the flimsy costings Dr Cullen has released don't reflect Helen Clark's claim that the policy would cost as little as $100 million. Treasury says it'll cost $170 million in the first instance, that's $70 million more than suggested by the Prime Minister.

"Independent assessment of the scheme has confirmed the risk to our economy, and there have been suggestions it will lead to a $1.7 billion write-down on the balance sheet," says Mr Key.

"If Labour has nothing to hide, why are they so cagey about releasing the papers?"

ENDS

© 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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news