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Three Internet-Mana Policies Blow the Bribe-O-Meter to Bits

Just Three Internet-Mana Policies Blow the Bribe-O-Meter to Bits

18 SEPTEMBER 2014
FOR IMMEDIATE RELEASE

The Taxpayers’ Union has received advice that the cost of just three Internet-Mana policies is $17.6 billion - higher than the entire policy packages of the three main political parties combined. Taxpayers’ Union Executive Director Jordan Williams says:

“Labour leader David Cunliffe is right when he reportedly said that Internet-Mana are ‘numerically challenged'.”

“With just three policies Internet-Mana have managed to pledge more spending than National, Labour and the Greens combined. Even the $11 billion in spending cuts proposed by the ACT Party wouldn’t pay the tab for Internet-Mana.”

Dr Michael Dunn, of Economic and Fiscal Consulting Ltd, has advised the Taxpayers’ Union that forgiving student loan debt would cost $14.2 billion, while ‘free’ tertiary education and full student allowances would cost $568 million and $570 million per annum respectively.

“We asked Dr Dunn to cost these three policies because Internet-Mana just hasn’t got the policy detail to enable credible costing of the whole manifesto."

“Altogether just the three policies would cost $17.6 billion over the next Parliamentary term, or $10,386.84 per household."

As most of Internet Mana's policies lack sufficient detail to enable them to be costed, the Party has not been included in the Bribe-O-Meter graphic at bribe-o-meter.co.nz.

ENDS

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