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

 


Labour-Greens combined spending promises pass $28bn

Hon Steven Joyce
National Party Associate Finance spokesman

18 August 2014

Labour-Greens combined spending promises pass $28bn

Less than five weeks out from the election, the Labour-Greens set of combined spending promises for the upcoming election has now hit a whopping $28.1 billion over four years, National’s Associate Finance spokesperson Steven Joyce says.

“The Labour Party's new spending commitments hit $17.9 billion over four years last week, and with the extra welfare money announced yesterday, the Greens' extra commitments have now reached $10.2 billion over four years,” Mr Joyce says.

“It's now even more apparent that the big spenders on the Left are flat out thinking of new ways of spending money that the country doesn't have.

“Labour and the Greens will, of course, both tell you it’s all fully costed and so on. What they mean is they'd raise taxes and set up a number of new taxes, and if all that fails, borrow a lot more money to meet their commitments.

“Labour will also tell you they haven't bought into the Greens’ announcements yet. However that flies in the face of the reality that any Labour-led government would have the Greens holding the whip hand – and that means the Greens big-ticket spending pledges in areas like transport and welfare benefit increases.

“Labour now needs to front up and say which of the Greens promises, if any, they don't support.”

Mr Joyce says Labour and the Greens are completely out of touch with fiscal reality in this election.

“They propose, if elected, to go back immediately to their big spending ways by placing a massive additional burden on Kiwi taxpayers. They haven't learnt a thing from their six years in opposition,” Mr Joyce says.

“New Zealand is now heading in the right direction with growing economic momentum. We are now one of the fastest growing economies in the OECD, and we need to lock in that faster growth to further lift New Zealanders' standard of living.

“The Labour-Greens swag of massive election promises would simply bring New Zealand to a grinding halt again and send all taxpayers a very big bill.”

For further information:
Green Party Election 2014 Spending Announcements - as at 17 August 2014
Labour Party Election 2014 Spending Announcements - as at 11 August 2014

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell:
On War Crimes And The Afghan Insurgency

Truly, with friends like former defence Minster Wayne Mapp, the SAS does not need enemies. At the very least, the Hit and Run book has raised the possibility that the New Zealand SAS committed war crimes in the attack they led in Afghnistan upon the villages of Naik and Khak Khuday Dad...

Mapp’s attempted defence of the SAS on RNZ this morning unintentionally indicated that collective punishment was baked into the planning exercise for the raid, and also into how the raid proceeded on the ground. More>>

 
 

Little Heading For Court: Apology Over Donation/Hotel Contract Claims Not Accepted

Today I want to publicly apologise unreservedly to Mr Hagaman for any hurt, embarrassment or adverse reflection on his reputation which may have resulted from my various media statements. I have offered that apology to the Hagamans. More>>

ALSO:

Biscuit Tin Of Democracy: World Heritage Site Protection, Ombudsman and Equal Pay Bills Drawn

On Thursday, 23 March 2017 three places are available on the Order Paper for the first reading of a Member’s bill. The ballot was held, and resulted in the following bills being drawn... More>>

ALSO:

Emissions Plan: NZ Needs More Science, More Trees, Fewer Beasts

A combination of technology breakthroughs, much more plantation forestry, and a big switch away from pastoral, particularly dairy farming, are identified as the key elements of any approach New Zealand takes to reducing its carbon emissions to a net zero level, according to a new report sponsored by the New Zealand chapter of GLOBE, a multi-party, global parliamentary grouping. More>>

ALSO:

"Backed To Win Seats": Labour Māori Seat MPs Won't Stand On List

The Labour Party is backing a request from its Māori seat MPs to stand as electorate MPs only, says Labour Leader Andrew Little. More>>

OutsKey: John Key's Valedictory Speech

I rise to address this House for the very last time. It has been a huge privilege to have served the people of Helensville as their member of Parliament, and, of course, the people of New Zealand as their Prime Minister. More>>

ALSO:

Productivity Commission: New Models Of Tertiary Education Are Coming

The report is a broad-ranging inquiry into how well New Zealand’s tertiary education system is set up to respond to emerging trends in technology and the internationalisation of education, and changes in the structure of the population, and the skills needed in the economy and society... More>>

ALSO:

PM's Press Conference: Water Everywhere

Monday's Post-Cabinet press conference focused on water, with the Prime Minister fielding questions about the possibility pricing water taken for export. Mr English said the government was directing their water allocation technical advisory group to include export water in considerations. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news