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


National’s fudge-it budget doesn’t fix it

National’s fudge-it budget doesn’t fix it

National’s fudge-it budget not only fudges the numbers, it glosses over the real problems Kiwi families have been facing for five years, Labour’s Finance spokesperson David Parker says.

“National has fudged the figures and achieved surplus through overcharging New Zealanders $120 million for ACC, pretending $375 million in transport spending is an interest free loan and cutting $567 million out of the Crown’s half share of local infrastructure from the Canterbury rebuild, despite the Council saying costs are increasing.

“A budget is about more than a surplus – it’s about people. John Key’s budget will do little to fix the widening gaps that have built up under his Government.

“Health spending is going backwards under National. This coming year total Crown spending goes from $14.4 billion to $14.7 billion. Using the Treasury figures and model, health faces a 2.3 per cent cut in real terms this year taking inflation and demographic changes into account.

“Most New Zealanders don’t earn enough; 46% of New Zealanders got no rise in their pay rate last year. Average pay rates went up 1.6% when inflation was 1.5%. Too many young people are in low paid and insecure service work. The benefits of growth are not getting through to working New Zealanders. This budget does not fix that

“Home ownership rates – one of the clearest indicators of inequality – are the lowest in 50 years and dropping. This budget does not fix that.

“This year the Government will spend more on super than educating our children. This budget does not fix that.

“National doesn’t have the ideas or the vision to improve the lives of New Zealanders. They concentrate on members of the Cabinet Club.

“In contrast Labour’s Economic Upgrade package that focusses on innovation, investment and industry will create secure jobs that pay higher wages. Already our Reserve Bank, forestry and manufacturing upgrades have met with widespread support.

“Labour has the innovative, fresh ideas to ensure New Zealand is a place of secure work, supported families and healthy homes

“The choice is clear: no ideas from National or new ideas from Labour,” David Parker says.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Minister of Finance: Plan Shows $100 Billion Infrastructure Projects

Finance Minister Bill English has today launched the Government’s Ten Year Capital Intentions Plan (CIP) which shows a pipeline of $100.9 billion worth of infrastructure projects over the next decade. More>>


Werewolf: Safe Landings Gordon Campbell on the safety challenge to the Wellington runway extension.

The safety-related legal challenge revolves around the size of the 90 metre long Runway End Safety Area (RESA) being proposed for the runway extension. More>>


Environment Commissioner: We Need To Work Together On Climate Change And Farming

“The debate around agricultural emissions and the ETS has been polarised for too long,” said the Commissioner. “But the ETS is not the only way forward – there are other things that can be done.” More>>


NZ Super Fund: Seeking To Put A Market Price On Climate Change

Oct. 19 (BusinessDesk) - The New Zealand Superannuation Fund says it will devise a set of rules to assess investment winners and losers under climate change, a strategy that could rule out fossil fuels or producers such as current portfolio member Exxon ... More>>


Rejuvenation: Parata Will Not Contest 2017 Election

Education Minister and National List MP Hekia Parata has today announced that she will not be contesting the next election. She advised the Prime Minister of her decision earlier this year. More>>

Prisons Grow: Government Approves Plans For Increased Prison Capacity

Despite significant progress in reducing crime the number of prisoners has increased faster than projected. This is because the proportion of offenders charged with serious crimes has risen, meaning more people are being remanded in custody and serving more of their sentences in prison. More>>


Gordon Campbell: On Plastic Bag Activism, And Street Harassment

Amusing to see the Act Party experiencing another outbreak of young fogey-ism. What has aroused the ire of Act Leader David Seymour this time is the introduction of a Greens private members bill to the ballot process, calling for a 15 cents levy on plastic bags to reduce pollution. More>>


Unclear Weapons: US Navy Ship Cleared To Visit NZ For Navy's 75th

United States Navy ship, the USS Sampson, has been given clearance to visit New Zealand next month by Prime Minister John Key... “The process for considering the visit by the USS Sampson is the same as that used for all ships attending the International Naval Review." More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news