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


Come again, Dr Cullen?

Bill English MP National Party Finance Spokesman

13 August 2008

Come again, Dr Cullen?

National's Finance spokesman Bill English is challenging Michael Cullen to outline how he plans to fund any infrastructure projects between now and the election.

"Dr Cullen today told the Council For Infrastructure's 'Building Nations' Symposium in Auckland that Labour was not going to let itself 'be outflanked on the infrastructure front'.

"That's a bit rich coming from the Finance Minister of a Government that has hysterically criticised National's plan to significantly boost infrastructure to clear some of the bottlenecks to growth.

"We will have a prudent programme which will result in National investing close to $5 billion of additional capital over the next six years to fund infrastructure. That's over and above spending previously foreshadowed by Labour.

"Our plan will ensure the economy is given the right conditions to grow and prosper.

"It sounds suspiciously like Dr Cullen's Road to Damascus conversion is more about politics than growth.

"When National unveiled its plan, Helen Clark reacted with a wave of criticism, only for it to rebound badly on her after National revealed that when debt was more than 50% of GDP she was advocating more borrowing to build more infrastructure.

"Interestingly, Michael Cullen has already moved to increase government borrowing. Plainly, he can't fund more infrastructure without more borrowing, yet he's already said he's 'at the limits of my comfort zone' with the spending and borrowing programme announced in this year's Budget.

"National supports infrastructure development because it will improve growth. What Dr Cullen's comments reveal is that Labour supports it because National does."


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Not Easy: Gordon Campbell On The Greens’ Ongoing Problems

Hard to treat the Greens’ belated decision to stand a candidate in Ohariu as being anything other than a desperation move, by a party whose own leadership is evidently concerned about its chances of survival...

A few months ago, the Greens felt able to forego that role in Ohariu in order to help a beleaguered Labour Party get its candidate Greg O’Connor across the line, and knock Peter Dunne out of the parliamentary frame. More>>


Gordon Campbell: On DHB Deficits And Free Trade

Currently the world is looking on aghast at the Trump administration’s plans to slash Obamacare, mainly in order to finance massive tax changes that will deliver most of their gains to the wealthy. Lives will be lost in the trade-off. Millions of Americans stand to lose access to the healthcare they need... More>>

Greens' Response: Slum-Like Rentals Exposed In Renting Review

“...The grim findings of the review are a wakeup call about the true state of rentals in this country. Too many renters are festering in slum-like conditions under the thumb of landlords who have largely unchecked powers and ignore tenants’ complaints when it suits them.” More>>


Gordon Campbell: On The Life And Times Of Peter Dunne

The unkind might talk of sinking ships, others could be more reminded of a loaded revolver left on the desk by his Cabinet colleagues as they closed the door behind them, now that the polls in Ohariu had confirmed he was no longer of much use to National. More>>


Gordon Campbell: On Labour’s Campaign Launch

One of the key motifs of Ardern’s speech was her repeated use of the phrase – “Now, what?” Cleverly, that looks like being Labour’s response to National’s ‘steady as it goes’ warning against not putting the economic ‘gains’ at risk. More>>


Lyndon Hood: Social Welfare, Explained

Speaking as someone who has seen better times and nowadays mostly operates by being really annoying and humiliating to deal with, I have some fellow feeling with the current system, so I’ll take this chance to set a few things straight.. More>>


Deregistered: Independent Board Decision On Family First

The Board considers that Family First has a purpose to promote its own particular views about marriage and the traditional family that cannot be determined to be for the public benefit in a way previously accepted as charitable... More>>


Transport Policies: Nats' New $10.5bn Roads Of National Significance

National is committing to the next generation of Roads of National Significance, National Party Transport Spokesperson Simon Bridges says. More>>





Featured InfoPages

Opening the Election