Parliament

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

 

Families will suffer in ‘gloomy picture’- Dunne

Media statement
For immediate release
Monday, 6 October 2008

Families will suffer in ‘gloomy picture’- Dunne

The latest treasury estimates paint a ‘very gloomy picture’ ahead, with increasing unemployment, lower wage increases and billions of dollars less in the expected tax take, says UnitedFuture leader Peter Dunne.

“The new estimates don’t even factor in the most recent events of the financial crisis, but will see NZ families and businesses hit hard,” says Mr Dunne.

“With jobs and wages forecast to drop, the business tax cuts initiated by UnitedFuture will be invaluable in keeping the economy going.

“If businesses cannot survive and grow, there are simply not going to be any jobs out there.

“Households are already being hit hard by economic conditions and price rises. They need sustainable, fair tax cuts to help them survive the economic cold winter coming.

“But now is not the time for a money-scramble in order to chase votes for the election.

“National’s promised tax cuts ‘north of $50’ look increasingly unsustainable, without either substantial borrowing or significant adjustments to other areas of government social spending, given a cash deficit forecast of nearly $6 billion.

“Tax cuts need to be targeted at middle income families who have borne the tax brunt in New Zealand for too long without thanks or relief.

“Today’s figures show that once again it is families who are likely to bear the brunt of economic hardship, just as it is families who are bearing the brunt of things like the costs of the emissions trading scheme.

“That is why UnitedFuture’s tax policy, including our flagship income splitting policy focuses on families with dependent children, which is where the emphasis needs to be at present,” he says.


ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Back Again: Government Approves TPP11 Mandate

The Government has approved a negotiating mandate for Trans-Pacific Partnership 11 (TPP11), which will ensure New Zealand businesses remain competitive in overseas markets.

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>

ALSO:

.

 
 

Gordon Campbell: On Why Labour Isn’t Responsible For Barnaby Joyce

As a desperate Turnbull government tries to treat the Barnaby Joyce affair as a Pauline Hanson fever dream – blame it on the foreigners! We’re the victims of the dastardly New Zealand Labour Party! – our own government has chosen to further that narrative, and make itself an accomplice. More>>

ALSO:

Rail: Greens Back Tauranga – Hamilton – Auckland Service

The Green Party today announced that it will trial a passenger rail service between Auckland, Hamilton and Tauranga starting in 2019, when it is in government. More>>

ALSO:

Housing: Voluntary Rental Warrant Of Fitness For Wellington

Wellington City Council is partnering with the University of Otago, Wellington, to launch a voluntary Rental Warrant of Fitness for minimum housing standards in Wellington, Mayor Justin Lester has announced. More>>

ALSO:

Treaty: Agreement In Principle Signed With Moriori

“The Crown acknowledges Moriori was left virtually landless from 1870, hindering its cultural, social and economic development. The Crown also acknowledges its contribution to the myths that the people of Moriori were racially inferior and became extinct." More>>

ALSO:

Susan Devoy: Call For Inquiry Into State Abuse Reaches UN

Race Relations Commissioner Dame Susan Devoy is in Geneva and has asked a United Nations committee to urge the New Zealand government to initiate an inquiry into the physical and sexual abuse of children and disabled people held in state institutions. More>>

ALSO:

(Not National): Cross-Party Agreement On Pike River Re-Entry

The commitment was signed this afternoon by the leaders of Labour, United Future, The Maori Party, and the Green Party and, together with the earlier commitment by New Zealand First, means that there is now a Parliamentary majority behind the families’ fight for truth and justice. More>>

ALSO:

Earlier:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election