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National tax cuts will require public service cuts

For immediate release
Thursday, 22 May 2008

National’s tax cuts will require cuts in public services

The bank workers union Finsec, is calling on the National Party to explain how they will provide tax cuts without cuts to the public service.

The call comes following news today that ANZ National bank will be shortly issuing a report critical of the amount the Government is spending on “back office”or non front line public service jobs.

“ANZ National bank and the National Party seem to be in sync in their desire to reduce the size of our public service. That is not surprising when you consider that former National Party leader Don Brash is on the board of ANZ National bank,”said Finsec Campaigns Director Andrew Campbell.

“ANZ bank chief economist Cameron Bagrie has previously said he wouldn’t mind seeing unemployment increase to help curb inflation. Bagrie, the bank and the National Party seem to have identified who they want unemployed - public servants,” said Campbell.

“It is time for the National Party to front up and say which public services they will cut to fund “north of $50 per week tax cuts” rather than letting their business friends and ex-leaders to do the work for them,” said Campbell.


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