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

Gordon Campbell:
On The National Leadership “Contest”

Key’s endorsement of English has turned this “contest” into a race for second place.

This succession was well planned. Lets not forget that English was told by Key in September of his intention to resign, and English was the only member of Cabinet entrusted with that information before it was sprung on everyone else on Monday morning. More>>

Latest: Judith Collins and Jonathan Coleman have withdrawn from the leadership race, leaving Bill English the only candidate to replace John Key as Prime Minister.

 

Education: Charter Schools Misleading Pass Rates

Labour: NCEA results for charter schools have been massively overstated... In one case a school reported a 93.3 per cent pass rate when the facts show only 6.7 per cent of leavers achieved NCEA level two. More>>

ALSO:

Rebstock Report Resolution: SSC Apologises To Derek Leask And Nigel Fyfe

Following a complaint by Mr Leask, the Ombudsman found that the State Services Commission acted unreasonably in relation to Mr Leask and identified numerous deficiencies in the investigation process and in the publication of the final report and in the criticisms it contained of Mr Leask... More>>

ALSO:

International Rankings: Student Results 'Show More Resourcing Needed'

NZEI: New Zealand had only held relatively steady in international rankings in some areas because the average achievement for several other OECD countries had lowered the OECD average -- not because our student achievement has improved. More>>

ALSO:

Earlier:

Salvation Army Report: Beyond The Prison Gate Report

A new Salvation Army report says changes must be made to how prisoners re-enter society for New Zealanders to feel safe and secure in their homes and communities. More>>

ALSO:

Surprise Exit: Gordon Campbell On The Key Resignation

The resignation of John Key is one thing. The way that Key and his deputy Bill English have screwed the scrum on the leadership succession vote (due on December 12) is something else again. It remains to be seen whether the party caucus – ie, the ambitious likes of Steven Joyce, Judith Collins, Paula Bennett, and Amy Adams – will simply roll over... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news