Parliament

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

 

Bill's Budget: No Dough - No Place To Go

Bill's Budget: No Dough - No Place To Go - Michael Cullen

"A National budget this year would be a complete non-event, utterly incapable of making any sort of difference," Finance Minister Michael Cullen said today.

"Remember Bill English's dollar-for-dollar pledge as he tried last year to justify the party's programme of tax cuts for high income earners?

"He promised to match the $400 million National planned to spend on its 1 April tax cut with $400 million on social spending.

"But $275 million had already been committed to Vote: Health, leaving just $125 million. And much of that would have been absorbed in restoring the impractical and unsustainable cuts to baseline spending incorporated in the Pre-election Economic and Fiscal Update," Dr Cullen said.

"We found when we took office that some of the future spending projections we inherited from National were nonsense. Either we had to stump up an extra $50-odd million for police in the 2000-2001 year, or frontline police would be laid off.

"Either we had to stump up an additional $35 million for the Inland Revenue Department or IRD staff would be made redundant, vital work would be abandoned through lack of money, and the Government would have lost an estimated $170 million in uncollected tax.

"National would have had to make up these votes for the same reason we did. There was no real alternative," Dr Cullen said. "That would have left Mr English just $40 million to play with. And $40 million does not go far.

"Certainly it would do nothing to close the gaps, restore New Zealand Superannuation to realistic levels, reduce the costs of tertiary study or provide relief for New Zealand's most vulnerable households.

ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Housing Issues: Fairer Rules For Tenants And Landlords

The key changes include:

- Limit rent increases to once every 12 months and banning the solicitation of rental bids by landlords.

- Improve tenant’s security by removing a landlord’s right to use no cause terminations to end a periodic tenancy agreement...

- Improve compliance with the law by increasing financial penalties and introducing new tools to take direct action against parties who are not meeting their obligations. More>>

 
 

Gordon Campbell: On The Farming Sector’s Persecution Complex

The narrative that our farmers are ‘doing it tough’ plays into a number of wellworn stereotypes ... More>>

ALSO:

corrections, prisonCorrections: Independent Review Of Prisoner Mail Management

The independent review into the prisoner mail system has today been released, with Corrections accepting all 13 recommendations and making a number of changes to strengthen the management of prisoner mail. More>>

ALSO:

IPCA: Unlawful Detention Of Teenager; Influence Of Investigation

The Independent Police Conduct Authority has found that former Inspector Hurimoana Dennis unlawfully detained an Auckland teenager in 2015, and improperly influenced the outcome of a criminal investigation into his own son in 2014. More>>

ALSO:

SOP For Gun Bill: New Measures For Modified Pistols

The new controls will • Prohibit short-barrelled semi-automatic rifles which currently are defined as pistols because they are shorter than 762 millimetres. • Introduce tighter controls over pistol carbine conversion kits… • Prohibit firearms which contain a part known as a centrefire lower receiver… More>>

'Culturally Arranged Visitors Visa': Fix For Marriage Visa Issue

Earlier this year Immigration New Zealand issued guidance to front line Immigration staff that made it significantly harder for people to get visas to visit their partner. That guidance no longer applies with today’s announcement. More>>

ALSO:

Conflict Of Interest For Key Member: Budget Data Breach Investigation Shut Down

State Services Commissioner Peter Hughes has today terminated the investigation into how Budget-sensitive material was accessed at the Treasury and appointed a new inquirer. More>>

RNZ Report: Mysterious Foundation Loaning NZ First Money

A mysterious foundation that loans money to New Zealand First is under scrutiny, with a university law professor saying although it's lawful, it fails to provide the transparency voters need in a democracy. More>>

Justice: Criminal Cases Review Commission Established

“We’ve seen how our justice system can very occasionally get things spectacularly wrong, even with rights of appeals, and there needs to be a chance for the innocent on the right grounds to seek a final review of their case...” More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels