Parliament

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

 

Key should put away the politics

11 November 2005

Key should put away the politics

Finance Minister Michael Cullen today expressed his disappointment that John Key had become just another National Party hack reacting to every event with hysterically silly accusations.

“Unfortunately, after a promising start, Mr Key has taken on National’s usual low standards and become the Tony Ryall of the finance portfolio – no silliness is beneath him, no claims too absurd to make.

“All that I have done is to ask for a report from Treasury and the Reserve Bank on possible instruments the Bank could use to underpin the effectiveness of the interest rate mechanism to slow down or stimulate the economy in order to keep inflation within the target band – no more, no less.

“An intelligent finance spokesperson who was ready for the real job would be interested in such analysis because clearly there are issues of concern about the effectiveness of the interest rate mechanism.

“Instead we are subject to a barrage of adolescent scaremongering posing as fact. Mr Key needs to remind himself that only one current New Zealand politician of note has consistently supported a capital gains tax on housing and consistently argued that New Zealanders are too intent on owning their own home. That man is Don Brash.

“If I were being as silly as Mr Key, I would be suggesting that this was just another attempt to undermine Dr Brash. In fact, of course, Mr Key has no advice from him and has had no conversation with the Reserve Bank around the issues,” Dr Cullen said.

“Labour took a more fiscally responsible policy manifesto into the election than any other party and can be relied upon in government to continue to run a prudent fiscal strategy supported by a lighthanded regulatory regime and policies to encourage growth.

“One of the key elements of Labour’s policy platform was the KiwiSaver scheme designed to help New Zealanders into their own home,” he said

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines


Gordon Campbell: On Finding A Model To Replace The Monarchy


One feels reluctant to pre-empt the verdict of history, but maybe we need to have a Plan B in mind just in case the reign of King Charles III turns out badly. With that possibility in mind, are there any other countries that do a reasonably good job of electing their ceremonial head of state? There is no perfect model for New Zealand to follow but - arguably - Ireland has made a pretty good fist of it over the past 70 years or so. Ireland has roughly the same population as New Zealand, so the pool of talent is similar in size...
More>>



Alastair Thompson: Are There TPLF Ethiopia Insurgency Training & Support Operations in Uganda?


Mystery Document Alleges:
Covert Operation has US/Egypt Support
Operations Coordinated between South Sudan, TPLF and Uganda
Planning began December 2021...

More>>




 
 

Australia-NZ Leadership Forum: Prime Minister And Ministers Attend
Prime Minister Jacinda Ardern will lead New Zealand’s Ministerial delegation to the Australia New Zealand Leadership Forum (ANZLF) in Sydney today, following a successful trade mission... More>>

Government: Welcomes Climate Change Commission Advice On Agricultural Pricing System
The Government has welcomed advice from the Climate Change Commission assessing readiness in the agricultural sector for an emissions pricing system... More>>

ALSO:

Government: Action To Tackle Delays In Family Court
New legislation aimed at tackling delays in the family justice system, will help improve the wellbeing of thousands of children caught up in Family Court disputes every year, Justice Minister Kiri Allan says... More>>



Government: New Air Pollution Report Shows Importance Of Action On Emissions

A new report released today on the health effects of air pollution shows the Government’s focus on reducing emissions will save lives... More>>


Economy: Financial Statements Of The Government Of New Zealand
Please note the next Financial Statements of the Government of New Zealand to be released will be for the full year ended 30 June 2022. It is anticipated that these will be released in early October 2022... More>>



Government: New Era For Better Health In Aotearoa New Zealand

The Government has today delivered a nationwide health system that will ensure better outcomes for all New Zealanders with the establishment of Te Whatu Ora - Health New Zealand... More>>


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels