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

 


Labour getting desperate with the chequebook

Labour getting desperate with the chequebook

A desperate Labour Party is making promises the country simply couldn't afford as it tries to buy its way into contention at the election, Associate Finance Minister Steven Joyce says

"We are hardly out of the starting blocks for this election campaign and the Labour Party has given up any remaining sense of fiscal responsibility," Mr Joyce says.

“Today's announcement of free doctor visits and free prescriptions for the over 65s is the latest in a series of big spending promises.

Mr Joyce says so far Labour has pledged billions and billions of new spending.

“Labour has announced policies that on their own admission add up to more than $16 billion of new spending over four years. And the true total is likely to be higher because some of the policies have been costed incorrectly,” Mr Joyce says.

“And that's before you add in the Greens and other coalition partners like Internet-Mana.

“New Zealand has yet to achieve its first surplus since the Global Financial Crisis and the Canterbury earthquakes – and the Labour Party has broken out the Santa Claus outfits.

"The last time Labour went into spending overdrive in 2008, it pushed floating mortgage rates to almost 11 per cent, it sent the economy into recession before the Global Financial Crisis and it left the incoming National Government with a deficit of nearly $4 billion in 2008/09. It's clear David Cunliffe has learnt nothing from that experience.

“It's becoming obvious unusually early in this campaign – New Zealand simply can’t afford a Labour/Greens/Internet-Mana Government.”

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PM's Press Conference: Crime And Diplomacy

The Prime Minister's press conference today was dominated by foreign affairs and an open letter from the PM to the Chinese community on crime. More>>

ACC: Govt Caught In Unethical Cluster Bomb Investments

The ACC Fund admitted that it had $1.4 million invested in cluster munitions and nuclear weapons manufacturer Lockheed Martin. Before responding to the Green Party’s request for information,however, ACC sold its Lockheed investment and updated its ethical investment policy. More>>

ALSO:

Local Governments To Decide: Easter Trading Bill Passes

The union representing working people in the retail industry is condemning the Government for whipping its MPs to pass the controversial Shop Trading Hours Amendment Bill. More>>c

ALSO:

Departure Speech: Governor-General’s State Farewell Luncheon

"...Unfortunately I was unable to get to the Antarctic, the Chatham Islands and the Kermadecs. A dicky heart thwarted our travel to the Antarctic; and even though I volunteered to parachute into the Kermadecs to join the Young Blake expedition, time, commitments and officials frustrated my plans to visit the Kermadecs and Chathams." More>>

ALSO:

New Research: Most Homeless People Working Or Studying

“The cost of housing has been rising without corresponding increases in income, whilst the number of state houses per capita has been in decline. Many low-income people are missing out on housing, whether we recognise them as ‘homeless’ or not. More>>

ALSO:

Post-Traynor: New Offender Info Sharing Plan

“This Bill delivers on that step-change by moving away from name-based records held by individual agencies to a shared, anchor identity based on unalterable information, such as fingerprints and facial recognition. It also gives agencies access to the drivers’ licence photo database and birth, death and marriages information." More>>

  • NZ Law Foundation - New $2M fund for research on information challenges
  • Littoral: New Ship To Deliver Enhanced Naval Capability

    Defence Minister Gerry Brownlee says the Government has approved a Ministry of Defence and New Zealand Defence Force recommendation to request tenders for a new naval ship to support littoral operations. More>>

    July:

    After King's Labour Snub: Māori Party And Kiingitanga To Work Together

    Māori Party Co-leaders Te Ururoa Flavell and Marama Fox met with Kiingitanga representatives in Wellington yesterday to discuss working together on key issues for the betterment of Māori. More>>

    ALSO:

    Waitangi Claim On Rehabilitation: The 'Justus' System For Māori Not Good Enough

    Closing statements at the Waitangi Tribunal case against Corrections called for immediate steps and a comprehensive review to address the high rate of Māori reoffending. More>>

    ALSO:

    Advice: PM Sets Rules For Ministers' Treatment Of Public Servants

    Prime Minister John Key has laid down the law about the way ministers and public servants should interact, saying ministers may not always like the advice they receive, but they must listen to it carefully, respectfully and professionally. More>>

    Get More From Scoop

     

    LATEST HEADLINES

     
     
     
     
     
     
     
     
     
    Parliament
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news