Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

New Petrol Tax Is Economic Sabotage

The Government's $227 million Land Transport package is an election year bribe but at what price to the economy, says Neil Barton, Federated Farmers' Transport spokesman.

"The Federation recognises the need to address Auckland's congestion problems but by simply throwing more money at the problem fails to address the fundamental flaws with the way we organise and fund our roads," said Mr Barton.

"Taxation is a blunt instrument that will not adequately address Auckland's transport problems and will have significant implications for the wider economy. The increased cost of petrol will be passed onto consumers with the likelihood of the Reserve Bank raising interest rates in response.

"Once again the government see motorists as an easily target for raising extra funds. $600 million of the current petrol tax take is already siphoned off into the Governments coffers. Motorists are rightly angered that they will pay even more into a system that is fundamentally flawed.

"Only 50% of the revenue from this new fuel tax will actually go into roading, the balance diverted to fund projects to appease the Greens, such as the $3million to promote walking and cycling. Once again the Government has seen petrol tax as an easy means of funding pet projects that will not benefit New Zealand's transport infrastructure.

"The Government is threatening New Zealand's economic growth by squandering motorist's money on short-sighted transport solutions. Federated Farmers calls for comprehensive long term national solutions, to minimise the economic damage that this fuel tax will create.

"A new system of managing and funding our roads, including alternative pricing regimes such as congestion pricing and the ability of road authorities to borrow would enable New Zealand's roading problems to be addressed at a lower cost to current motorists.

"Ad hoc solutions to solve long term infrastructure problems will ultimately stifle the very economic growth the Government seeks to achieve."

ENDS


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Peters/Ardern Triumph

There are a lot of good reasons to feel joyful about this outcome. It is what so many young voters – the best hope for the country’s future – wanted.

Far more important than the implications for the Economy Gods ( is the dollar up or down? ) last night’s outcome will also mean many, many vulnerable New Zealanders will have a better life over the next three years at least.

Yet the desire for change was in the majority, across the country..>>>More


Reaction

Labour on its agreement |Peters: Post-Election Announcement Speech | Greenpeace “cautiously hopeful” about new Government | ACT - Madman on the loose | E tū ecstatic | Chamber welcomes the outcome | Greens on their joining Govt | EDS welcomes new govt | Immigrant groups worry | Feds ready to engage new coalition government | Labour Ministers of the Crown announced

 

Climate: Increasing Greenhouse Emissions Hit NZ

New Zealand is seeing impacts of excess greenhouse gas emissions in our climate and oceans, according to the latest national report from the Ministry for the Environment and Stats NZ about the state of the atmosphere and climate…More>>

ALSO:


Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>

ALSO:

Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>

ALSO:

Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>

ALSO:

Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>

ALSO:

Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>

ALSO:

Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election