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


Health warning needed on Alliance budget

The Alliance's budget is so mickey mouse it should carry a health warning, Treasurer Bill English said today.

"We've spent days trying to make sense of the Alliance budget. We've finally come to the conclusion that it is incomprehensible and should carry a health warning 'trying to understand this will be injurious to your mental health'.

"The whole thing could be dismissed as a joke if Helen Clark hadn't made it clear that Jim Anderton will be given some sort of economic role in a Labour-led government. The thought of Mr Anderton meddling in the country's finances is a frightening possibility.

"The worst of it is that whether or not the numbers make sense, there is still $6 billion worth of promises in this budget. A Labour-Alliance government would have to raise more taxes than they plan to now. Everyone who earns more than $200 a week will be paying more.

"The problems with the Alliance budget include:

· The pages at the back of the document headed "National Party Budget" bear no relation to the official figures released in the PREFU. The figures appear to be a fantasy dreamed up by the Alliance.

· Contrary to what might be expected, the new policies outlined in the front of the document don't feed into the budget at the back of the document.

· The Alliance plans to spend $2.7 billion less over three years on unemployment benefits, compared to the official projections, despite a $20 per week raise for beneficiaries by the second year.

· Capital and operating spending is mixed up throughout the document.

· The Alliance plans to collect $2.4 billion less company tax than National over the next three years. Is Mr Anderton planning a company tax rate cut he hasn't told the country about?

· The Alliance plans to collect $4.3 billion more tax from individuals over the next three years than projected in the PREFU. This has to be overly ambitious, given that Labour's tax hikes will raise $2.4 billion and it is likely that people will find ways to avoid Mr Anderson's proposed surcharges.

· Even something as straight forward as New Zealand Super is incomprehensible. How do you explain the following?

NZ Super
2000/01 2001/02 2002/03
PREFU 4,981 5,092 5,273
Alliance version of PREFU 5,400 5,515 5,590
Alliance budget
5,550 5,865 6,095
Alliance less PREFU 569 773 822
Alliance less Alliance version of PREFU 150 350 505
BUT Alliance promise of extra spending 260 310 360

"Today the Alliance says it will complain to the Electoral Commission and the Advertising Complaints Board over National's newspaper advertisements, which state that 'under Labour/Alliance everyone in full-time work will pay more tax.'

"I look forward to them complaining, because the statement is absolutely true. Every New Zealander earning more than $9,500 - $200 a week - will pay more in taxes under a Labour-led government than they will under a National-led government," said Mr English.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Gordon Campbell: On Reforming Parliament’s Toxic Culture

It would be nice to think Parliament was a forum where rationality ruled – and where policies are raised and evaluated in terms of their contribution to the greater good. Obviously, it isn’t like that... More>>

Historic Assualt Allegation: Parliamentary Service Staff Member Stood Down
Rt Hon Trevor Mallard said today: “I do not want to cut across any employment or possible police investigations, but I am satisfied that the Parliamentary Service has removed a threat to the safety of women working in the Parliamentary complex." More>>


PM And FinMin's Post-Cab: Mental Health Inquiry And Budget Responsibility

Prime Minister Jacinda Ardern was joined by Minister of Finance Grant Robertson for the last post-cabinet press conference before Thursday's budget. The Government will also announce its delayed response to the mental health inquiry this week. More>>

Budget: New Service For Young People Leaving Care

The Wellbeing Budget contains funding to build a new nation-wide Transition Support Service which is expected to help around 3,000 young people over the next four years after it starts on July 1. More>>


Children's Commissioner: Too Many Youths On Remand In Secure Facilities

It is unacceptable that young people are being remanded to youth detention facilities on charges that have not been proven, Children's Commissioner Andrew Becroft says. More>>


Media Fund: New Alliance For Local Democracy Reporting

The pilot will see eight journalists recruited to provide local democracy news to a wide array of media. Funding will come from the RNZ /NZ On Air Innovation Fund, a one-off $6m fund announced last year. More>>

Gordon Campbell: On Coal’s Negative Message To The School Protest

As schoolkids around the world commited to another round of protest action against climate change, the re-election of (a) the Morrison government in Australia and (b) the Modi government in India have been a kick in the teeth for future generations. More>>


Fatal 2018 Crash: Police Officer Should Not Have Engaged In Pursuit

The Independent Police Conduct Authority has found that a Police officer should not have tried to stop or pursue a car thought to contain young people in Palmerston North on 28 May 2018. More>>


New Poverty Targets: Goals Overlook 174000 Children In Worst Poverty

Child Poverty Action Group is pleased to see the Government set ambitious 10-year targets for child poverty reduction, but we are disappointed not to see a target set for improving thousands of young lives where the worst of poverty is found. More>>





InfoPages News Channels