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


Alliance Tertiary Policy A Tax on Jobs

The Alliance Party’s promise to tax job creators to fund tertiary education will add up to less employment for graduates, Tertiary Education Minister Max Bradford said today.

“All the Alliance is promising is another tax in order to pay for its extravagant spending promises.

“Using figures from the Ministry of Education, the on-going cost of the Alliance’s policy would be nearly $1 billion a year.

“However, reintroducing an unimproved-value tax (UTV) on commercial land would cover less than half of this.

“What is the Alliance going to tax to cover the balance?” Mr Bradford asked.

“The Alliance ignores the fact that taxing those who provide employment, and raising business costs will only make businesses less able to employ more staff.

“This is nothing more than short-sighted political expedience. The Alliance is prepared to buy the student vote with other people’s money.

“Companies and valuable land owners are an easy target, but jobs will be the cost of the Alliance’s plans to introduce a UTV on commercial land,” Mr Bradford said.

“Most reasonable people regard paying something towards their education as fair.

“Meanwhile, the Government has made a number of changes to help students who have high debt and low incomes.
‘For example, from 2001, students will have up to 25 per cent of their base interest written-off while studying.

“As well as this, the Government will write-off a substantial part of interest payments once a borrower is earning and will direct payments to paying off the principle.

“These changes will see people with loans pay them off much quicker,” Mr Bradford said.

Note to Editors: The nearly $1 billion cost is an estimated figure made up of: removing fees, $425 million; Universal Allowance, $300 million; savings on abolishing the Student Loan Scheme $77 million; plus $334 million for the estimated 15% increase in enrolments.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Hong Kong Protest Movement

Nearly ten weeks after the huge Hong Kong protests began, managing to still get 1.7 million people onto the streets in the rain is a testament to how strong the pro-democracy movement has become...

The pro-democracy protests enjoy huge support among Hong Kong’s youth, partly because the democratic systems currently at risk have only a limited time span. More>>



Welfare: More Measures To Help Those Facing Homelessness

Ministers have announced $54 million in Government funding for initiatives which will support at-risk individuals and whānau to stay in their existing tenancies. The funding will also provide additional wrap around services. More>>


Corrections: New Strategy On Māori Reoffending And imprisonment

Authentic co-design with Māori, incorporating a Te Ao Māori worldview, and greater connectedness with whānau are key elements of Hōkai Rangi, Corrections’ new departmental strategy designed to address the long-term challenge of Māori reoffending and imprisonment. More>>


Pacific Island Forum: Australia v Everyone Else On Climate Action

Traditionally, communiques capture the consensus reached at the meeting. In this case, the division on display between Australia and the Pacific meant the only commitment is to commission yet another report into what action needs to be taken. More>>


Unscoped Or Missed Damage: Resolution For Canterbury Owners Of On-Sold Homes

People with over-cap on-sold* properties in Canterbury can now apply for a Government payment so they can get on and repair their homes. More>>


Hamilton-Auckland: First Urban Growth Partnership Signed

New Zealand’s first urban growth partnership between the Government, local councils and mana whenua was signed at a meeting of mayors, chairs and ministers in Hampton Downs today. More>>


Vote On Action Next Week: Secondary Principals Walk From Negotiations

“Unfortunately we consider there is no further value in continuing negotiations at this point. The government has not been able to table an offer that will be acceptable to our members.” More>>

Patrol Car Stolen, Glocks Taken: Manhunt In Gore

The driver rammed the patrol car before fleeing on foot with Police chasing, also on foot. The man has then circled back around, stolen the patrol vehicle, which had the keys left in it, and rammed another Police car... Two Police-issued Glock pistols were stolen. More>>





InfoPages News Channels