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

 


Labour fact check: Key’s twists and turns in speech

David
PARKER

Spokesperson for Finance

2 April 2014 MEDIA STATEMENT
Labour fact check: Key’s twists and turns in speech

John Key has yet again twisted the figures and selectively chosen his statistics, a fact check by Labour shows, says Labour’s Finance spokesperson David Parker.

“John Key has a long history of getting away with misstatements that range from an honest mistake to worse. Today Labour is calling him out with a list of the misrepresentations in his speech.

“Labour is determined to hold John Key and his spin doctors to account ahead of election year,” says David Parker.

Key: Over the past year, for example, 66,000 more people have got a job.

Over the past two years, unemployment has fallen by only 4000 (from 151 thousand to 147 thousand)

Key: Average weekly wages have gone up 2.8 per cent, compared to inflation of only 1.6 per cent.

Under the Labour Cost Index – the measure of wage rates, Salary and ordinary time wage rates increased by 1.6% - an zero increase in real terms.

Key: And the economy as a whole has grown 3.1 per cent – one of the faster growth rates in the developed world.

The annual growth rate is 2.7 per cent - Key is misleading the public by using the quarter-on-quarter annual growth rate. Annual year-on-year growth is a much more robust measure of growth as it covers a broader time period (a year, rather than three months). This is the measure that Treasury uses in its forecasts.

Key: We have had an on-going commitment to discipline around government spending and that will continue this year, next year and for as long as we lead the Government.

National has increased debt by $60 billion in office, the worst of any in government (in nominal terms) and the worst since Muldoon as a percentage of GDP.

Key: One way to illustrate our approach is this – in the last five years of the previous Labour government, new operating spending each budget averaged $2.7 billion a year.

Every year Labour posted large surpluses and paid down debt. National has yet to do this once, after more than five years in office.

Key: In the last five years of Labour, government spending in total went up 50 per cent.

In the last five years of Labour we introduced Working for Families, interest free Student loans and Kiwi Saver – all paid for out of growth. None of which National has repealed .

Total Government expenses

Labour:

$55.2b to $75.8b from Budget 2003 to Budget 2008: Increase of $20.6b (37 per cent)

National:

$75.8b to $91.0b from Budget 2008 to Budget 2013: Increase of $15.2b (20 per cent)

Total Government Revenue

Labour:

$57.0b to $81.5b from Budget 2003 to Budget 2008: Increase of $24.5b (43 per cent)

National:

$81.5b to $86.7b from Budget 2008 to Budget 2013: Increase of $5.2b (6 per cent)

Net government debt (excluding Super Fund):

Labour:

$17.6b to $10.3b from Budget 2003 to Budget 2008 (-43 per cent)

National:

$10.3b to $55.8b from Budget 2008 to Budget 2013 (+442 per cent)

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

'Tea Break Bill' Passes: Gordon Campbell On Bad Labour Laws And Poor Safety

By co-incidence, one of the prime dangers of the government’s new employment relations law has been underlined by the release of the death and injury statistics among workers at New Zealand ports. These are highly profitable enterprises for the port owners.

The Port of Tauranga for instance, is expecting its current full-year profit to be between $78 million and $83 million and other ports are enjoying similar boom times – but they are also highly dangerous places for the people who work on or around the port premises. At the Port of Tauranga, there have been 26 serious accidents since 2011, and two deaths. More>>

 

Parliament Today:

No Charges: Outcome Of Operation Clover Investigation

Police have completed a multi-agency investigation, Operation Clover, into the activities of a group calling themselves “The Roast Busters”. The 12 month enquiry focused on incidents involving allegations of sexual offending against a number of girls in the Waitemata Police district and wider Auckland area... More>>

ALSO:

UNICEF Report: NZ Cautioned On "Stagnating" Child Poverty

An international report by UNICEF has found that child poverty rates in New Zealand have barely changed since 2008, despite similar sized countries significantly reducing child poverty during the recent recession. More>>

ALSO:

Funding Report: Two Pathways For Transport In Auckland

Commissioned by Auckland Council, the group was asked to investigate two possible pathways for raising $300 million per year ($12 billion over 30 years) to pay for the improvements needed to help fix Auckland’s transport system. More>>

ALSO:

Pay Equity: Equal Pay Win In Court Of Appeal

CTU: The Court of Appeal has made a historic decision paving the way for a substantial equal pay claim for aged care workers. More>>

ALSO:

Gordon Campbell: On The TPP Finishing Line, And Amazon’s Woes

If the Trans Pacific Partnership trade deal wasn’t such a serious matter, this would be pretty funny… More>>

ALSO:

TV3 Video: Three Die On Roads Over Labour Weekend

The official holiday period ended at 6am Tuesday, with three deaths on the roads during the Labour Day weekend. More>>

Employment Relations Bill: Govt Strains To Get Tea Break Law Through

The Government has been left with egg on its face - failing to get its much-vaunted, but hugely unpopular, meal break law passed in the first week of its new term, Labour spokesperson on Labour Issues Andrew Little says. More>>

ALSO:

Guns: Police Association Call To Arm Police Full Time

"The new minister gave his view, that Police do not need to be armed, while standing on the forecourt of parliament. The dark irony was that the interview followed immediately after breaking news of a gunman running amok in the Canadian parliament in Ottawa..." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news