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

 


Bondi Budget bad for New Zealand

Don Brash MP National Party Leader

18 May 2006

Bondi Budget bad for New Zealand

The Labour Government's failure to cut taxes in the Budget today shows it does not understand why growth is important - and nor does it seem to care - says National Party Leader Don Brash.

"Helen Clark and Michael Cullen believe there is a place for tax cuts - it's called Australia," says Dr Brash.

"Kiwis cannot trust Helen Clark and Michael Cullen - they claim there isn't room for lower taxes when there's an $8.5 billion surplus forecast for 2005-06.

"The Budget does nothing for tax rates - and nothing for growth. And it does nothing to address waste in spending by government agencies.

"In fact, it does virtually nothing we didn't already know they were going to do, and simply bundles existing announcements up under fancy headings that mean nothing.

"Helen Clark came to office in 1999 with great fanfare promising to lift New Zealand to the top half of the OECD within a decade. Today we have not moved even one place up the rankings.

"Meanwhile, countries like Australia are steaming ahead, and last week the Australian Government offered $45 billion of new tax cuts. This represents a massive raid on our best and brightest.

"This is the Brain Drain Budget; the Bondi Budget. Tragically, we are now set to lose even more skilled people across the Tasman.

"Instead of boosting New Zealand's capacity to grow, the Budget focuses on redistributing what we currently have.

"Growth is important because richer nations can afford better health and education services, and better environmental standards.

"National, in government, would have been introducing tax cuts to provide the incentive for Kiwis to get ahead under their own steam. Instead, Helen Clark and Michael Cullen want your grandchildren to be cheering for the Wallabies," says Dr Brash.

ENDS


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Anzac Issue Out Now: Werewolf 47

Hi and welcome to the 47th edition of Werewolf, published on the eve of Anzac Day. Its become a cliché to describe Gallipolli as the crucible of this country’s identity, yet hold on... Isn’t our national identity supposed to be bi-cultural... and wouldn’t that suggest that the New Zealand Wars of the 19th century is a more important crucible of national identity than those fought on foreign soil?

Yet as Alison McCulloch eloquently reveals in this month’s cover story, New Zealand devotes a mere fraction of its attention span and funding resources to commemorating the New Zealand Wars compared to what it devotes to the two world wars, Vietnam and Afghanistan... More>>

 

Parliament Today:

Crowdsourcing: Green Party Launches Internet Rights And Freedoms Bill

The Green Party has today launched the Internet Rights and Freedoms Bill, New Zealand’s first ever Bill crowdsourced by a political party. More>>

ALSO:

Gordon Campbell: On The Shane Jones Departure

Shane Jones has left Parliament in the manner to which we have become accustomed, with self interest coming in first and second, and with the interests of the Labour Party (under whose banner he served) way, way back down the track. More>>

COMMENT:

Multimedia: PM Post-Cabinet Press Conference - April 22 2014

The Prime Minister met with reporters to discuss: • The recent improvement in the economy with a growing job market • Income and wealth inequality • Easter trading laws • The New Zealander killed in a drone strike in Yemen... More>>

Easter Trading: Workers 'Can Kiss Goodbye To Easter Sunday Off'

The Government’s decision to “reprioritise” scarce labour inspector resources by abandoning the enforcement of Easter Sunday Shop Trading laws means workers can kiss goodbye to a guaranteed day off, says Labour’s Associate Labour Issues spokesperson Darien Fenton. More>>

ALSO:

ACT Don't Go For Maximum Penalty: Three Strikes For Burglary, Three Years Jail

Three strikes for burglary was introduced to England and Wales in 1999. As in New Zealand, burglary was out of control and given a low priority by the police and the courts. A Labour government passed a three strikes law whereby a third conviction for burglaries earned a mandatory three years in prison... More>>

ALSO:

Gordon Campbell: On Drone Strikes And Judith Collins‘ Last Stand

The news that a New Zealand citizen was killed last November in a US drone attack in Yemen brings the drones controversy closer to home. More>>

ALSO:

Elections: New Electorate Boundaries Finalised

New boundaries for the country’s 64 General and seven Māori electorates have been finalised – with an additional electorate created in Auckland. More>>

ALSO:

Policies: Labour’s Economic Upgrade For Manufacturing

Labour Leader David Cunliffe has today announced his Economic Upgrade for the manufacturing sector – a plan that will create better jobs and higher wages. More>>

ALSO:

Gordon Campbell: On The Life And ACC Work Of Sir Owen Woodhouse

With the death of Sir Owen Woodhouse, the founding father of the Accident Compensation Scheme, New Zealand has lost one of the titans of its post-war social policy. More>>

ALSO:

Bad Transnationals: Rio Tinto Wins 2013 Roger Award

It won the 2011 Roger Award and was runner up in 2012, 2009 and 08. One 2013 nomination said simply and in its entirety: “Blackmailing country”... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news