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


Sustainability first, equitable tax cuts second

The surplus – sustainability first, equitable tax cuts second

Media Release, 11th October 2006

Dr. Russel Norman, Green Party Co-Leader

The first call on the $3 billion cash surplus announced today should be investments in environmental and social sustainability, and if tax cuts do go ahead then they should be introduced as a tax-free threshold at the bottom of the tax scale that would benefit all New Zealanders, says the Green Party.

“New Zealand is facing some very serious shortfalls in investments in public transport, renewable energy research and development, sustainable agriculture, and social housing,” says Russel Norman, Greens Co-Leader and Economics’ Spokesperson.

“Investing in our long term sustainable future must be the top priority. Reducing our oil dependence will benefit our economy in the long term and public transport will make it cheaper and easier to get around our cities and towns.

“Housing has become ridiculously expensive and people desperately need more affordable state housing and community housing options.

“It should also be noted that our greenhouse gas liability increased by $346m in the course of one year and, if this increase continues, then we will owe over $2.5billion by 2012, the end of the Kyoto commitment period. While much of this is due to accounting changes, it is clear that Government inaction on climate change is costing us dearly.

“Tax cuts will put even further upwards pressure on interest rates, so that anything gained by ordinary New Zealanders in tax cuts is likely to be taken away by the subsequent boost in mortgage interest rates.

“But, given that Labour is likely to proceed down the tax cut path at some point, our plea is that tax cuts go to everyone, via the introduction of tax-free threshold at the bottom of the tax scale.”


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>


With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>


Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>


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>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news