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

 


Revenue Projections Drop By Almost $1b A Month

David

PARKER

Spokesperson for Finance

30 January 2013 MEDIA STATEMENT

Revenue Projections Drop By Almost $1b A Month

The Government’s tax forecasts for 2012 - 2016 have dropped by almost $1 billion a month since the election, highlighting its failure to boost growth and create jobs, says Labour’s Finance spokesperson David Parker.

“Since the election the Government’s tax forecasts have dropped by $1 billion a month. That’s no surprise when you’ve got 7.3 per cent unemployment. There are 175,000 people who can’t pay taxes because they’re looking for jobs, in addition to the 180,000 who have left for Australia under National’s watch.

“The worst growth rate for any Government in 50 years means businesses aren’t making enough profits to pay much tax.

“The best way to get the Government’s books into surplus is to raise tax revenue by getting businesses growing and Kiwis working. National simply isn’t doing enough.”

David Parker today issued an update to Labour’s Economic Road Test for the Government, highlighting National’s failure to deliver on its promises.

“National has given up on its hollow promises.

“With 175,000 people looking for work and no extra jobs created last year it has clearly failed in its promise to created 170,000 new jobs. The 180,000 Kiwis who have left for Australia in the last four years are a mockery of John Key’s promise that we wouldn’t have to wave goodbye to our young ones.

“National’s economy faces serious problems. Unemployment is at 13-year highs, growth is stagnating and we have a $10 billion external deficit, which is worse than every developed country bar Greece.

“Kiwis want real and innovative solutions to the serious problems facing this country. It’s time for a hands-on government, one that is committed to jobs and growth,” says David Parker.

Click here to read: Nationals_Economic_Road_Test_Feb13.pdf

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

Arming Police: Frontline Police To Routinely Carry Tasers

"In making the decision, the Police executive has considered almost five years worth of 'use of force' data… It consistently shows that the Taser is one of the least injury-causing tactical options available when compared with other options, with a subject injury rate of just over one per cent for all deployments." More>>

ALSO:

Gordon Campbell: On D-Day For Dairy At The TPP

While New Zealand may feel flattered at being called “the Saudi Arabia of milk” it would be more accurate to regard us as the suicide bombers of free trade. More>>

ALSO:

Leaked Letter: Severe Restrictions on State Owned Enterprises

Even an SOE that exists to fulfil a public function neglected by the market or which is a natural monopoly would nevertheless be forced to act "on the basis of commercial considerations" and would be prohibited from discriminating in favour of local businesses in purchases and sales. Foreign companies would be given standing to sue SOEs in domestic courts for perceived departures from the strictures of the TPP... More>>

ALSO:

"Gutted" Safety Bill: Time To Listen To Workplace Victims’ Families

Labour has listened to the families of whose loved ones have been killed at work and calls on other political parties to back its proposals to make workplaces safer and prevent unnecessary deaths on the job. More>>

ALSO:

Regulators: Govt To ‘Crowd-Source’ Regulatory Advice

A wide-ranging set of reforms is to be implemented to shake up the way New Zealand government agencies develop, write and implement regulations. More>>

ALSO:

Board Appointments: Some Minister Appoint Less The 3 In 10 Women

“It’s 2015 not 1915: Ministers who appoint less than 3 in 10 women to their boards must do better, they have no excuse but to do better,” said Dr Blue. More>>

Gordon Campbell: On The 1990s Retro Proposals For Our Health System

As we learned yesterday, the reviews propose that the democratically elected representation on DHBs should be reduced, such that community wishes will be able to be over-ridden by political appointees. In today’s revelations, the reviews also propose a return to the destructive competitive health model of the 1990s. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news