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

 


Only National’s groupies gaining from ‘Rock Star’ economy

David

PARKER

Spokesperson for Finance
21 February 2014 MEDIA STATEMENT

Only National’s groupies gaining from ‘Rock Star’ economy

A significant shortfall in tax revenue revealed in today’s Crown accounts shows only the lucky few are benefiting from National’s much-hyped ‘rock star’ economy, says Labour’s Finance spokesperson David Parker.

“Compared to December’s Treasury forecasts, core tax revenue including GST, income tax and corporate tax receipts are $600 million below forecast. That’s the second month in a row that the smile has been wiped off Bill English’s face.

“That shows that, despite National’s hype of its ‘rock star’ economy, Kiwi families aren’t seeing the benefits. This economy is as much of a rock star as Bill English is.

“The only winners are National’s groupies, led by chief supporter Phil O’Reilly.

“This is more evidence that reliance on dairying, held up by record commodity prices, and the Christchurch rebuild are shaky foundations for an economy that needs to be much more diverse.

“Only Labour will deliver an economy for all Kiwis,” David Parker says.

ENDS


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

"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:

Post-Cab Press Conference: Foreign Buyers Register, TPP And Serco

At a press conference today in Wellington, John Key discussed the foreign buyers register as well as the TPP and Serco. Key was questioned on whether a stamp tax might be used as a tool to deal with foreign buyers. More>>

ALSO:

Lyndon Hood Satire: Serco To Outsource Prison To Public Sector

In response to high-profile failings, multinational omnicorporation Serco will introduce public management in its prison system. Serco's New Zealand manager, speaking on condition of anonymity, has announced plans for managers from the Department of Corrections to run the Mt Eden Correctional Facility. More>>

National Party Conference: Plans To Nudge Immigrants Towards Regions

The Government will introduce a package of immigration measures aimed at improving the spread of workers, skills and investment across New Zealand, Immigration Minister Michael Woodhouse says. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news