Parliament

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

 

Accounting exercise largely tells us what we already know


Jacinda
ARDERN
Social Development Spokesperson
12 September 2012 MEDIA STATEMENT
Accounting exercise largely tells us what we already know

When the Government is prepared to pay an Australian company almost $1 million to tell it what it should already know – that we need jobs and we need to ensure people have the skills and health they need to move into them you have to question its agenda and its priorities, Labour’s Social Development spokesperson Jacinda Ardern says.

Her comments follow the release today of a report by Australian company Taylor Fry on the ‘actuarial valuation’ of the future cost of social security in New Zealand.

“Of course it makes sense to know what the cost of social security is from a budget perspective, and this is a job Treasury and MSD do well. But this is simply an exercise in accounting that takes us no closer to getting people into work.

“Taylor Fry is an Australian company that specialises in valuations for the insurance, aviation and energy sectors. Its report echoes a similar one Paula Bennett tasked her department with just 18 months ago.

“Unsurprisingly both reports find being out of work for any length of time hugely influences future costs, and that the biggest costs are not around the unemployment benefit.

“This is not new information. We know that we need jobs, people to be healthy and well enough to take on work, training opportunities, and to address the barriers for parents moving into employment.

“This is what an active social security system should do, and what we have been calling for. It’s a shame the Minister needed an Australian company to tell her this.

“The Government describes the idea of investing up front - so we don’t have people staying on Government support long term – as ‘taking an investment approach’. I’d call it common sense and the right thing to do.

“But putting a price on something is one thing; what action we take is another.

“The Government is picking and choosing what it wants to quantify the costs of, based on what is the most politically convenient.

“What Ms Bennett isn’t telling us is that superannuation is costing taxpayers twice as much a year as all main benefits combined, yet her Government steadfastly refuses to tackle the future costs of it. The same goes for child poverty which is costing us between $6 billion and $8 billion a year.

“If the government wants to tackle the big future costs, it can’t continue to pick and choose. It also can’t ignore root causes, and on that count its poor economic management is right up there. Exercises in accounting won’t change that,” said Jacinda Ardern

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On National’s Rampant Pandering To The Farming Vote

What on earth has happened to the political parties n the centre-right? Once upon a time in the US, the party of Lincoln was a respectable political party before it devolved into the cult of Trump. Here at home, the National Parry used to be able to manage and administer the economic orthodoxy in a reasonably competent fashion. Now it can barely do simple addition and subtraction. Something must have gotten into the water, and not simply out on the farm... More>>

 

Winston Peters Speech: The Gathering Storm Clouds: Ihumatao

Frequently around New Zealand you hear people say that politicians are all the same. It’s a convenient way to dismiss any careful investigation of the truth of that statement. New Zealand First since its inception has been committed to ‘one law ... More>>

ALSO:

National Agriculture Policy: Will Restore Farmer Confidence And Pride

A National Government will reduce regulatory burden and give farmers confidence for the future. Leader of the National Party Judith Collins and Agriculture spokesperson David Bennett announced National’s Agriculture policy in Gisborne today. “Agriculture ... More>>

ALSO:

Shaw: Wealth Tax Not A Bottom Line For Green Party But They Will Push For It

Green Party co-leader James Shaw says one of his senior MPs misspoke under pressure when she said a wealth tax was one of the party's bottom lines. More>>

ALSO:

Government: More Border Exceptions For Critical Roles

The Government has established class exceptions for border entry for a limited number of veterinarians, deep sea fishing crew, as well as agricultural and horticultural machinery operators. “Tight border restrictions remain the backbone of the Government’s ... More>>

ALSO:


Gordon Campbell: On Last Night’s Leaders Debate

Do political debates change voter intentions, and cause voters to switch sides? According to a 2019 Harvard Business School study conducted across 61 elections in nine countries involving 172,000 respondents, the answer would seem to be a resounding ... More>>

ALSO:

Dunne Speaks: The Election Campaign Just Grinds Slowly On And On

With just over three weeks until the General Election, the release of the first major pre-election opinion poll this week confirmed what was already being reported about this year’s campaign. Although the gap between Labour and National has narrowed ... More>>

Electoral Commission: Candidate And Party Lists Released

17 registered political parties and 677 candidates will be contesting the 2020 General Election Nominations have now closed and the Electoral Commission has released the electorate and party list candidates for 2020 online at vote.nz . Advance voting ... More>>

National: Plan To Restore NZ’s Prosperity

National’s Economic and Fiscal Plan carefully balances the need to invest in infrastructure and core public services while also reducing tax pressure on Kiwi families and businesses. National Leader Judith Collins and Finance spokesperson Paul Goldsmith unveiled National’s ... More>>

ALSO:

NZ First: Party List

New Zealand First has a proven twenty-seven-year history of bringing balance and common sense to our government. Amid the continued setbacks of COVID-19 restrictions, New Zealand First has once again sustained its profile by selecting a strong team ... More>>


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 


 

InfoPages News Channels