David
PARKER

Deputy Leader

Spokesperson for Finance

3 September 2014 MEDIA STATEMENT

Voting opens and no fiscals from National

Voting in the election has opened today but National has still not released its fiscal plan for its next term and is keeping Kiwis in the dark, says Labour’s Finance spokesperson David Parker.

“Many New Zealanders are already heading to the polls today to cast their vote – a great thing for democracy.

“However they will be in the dark about National’s spending plans for the next term. Labour has released its alternative budget and revised it following the pre-election fiscal update. Labour will be $1.169 billion in surplus in 2015/16.

“By contrast the pre-election fiscal update shows a smaller surplus for the National Government in the same year of 0.8 billion. The PREFU budget figure is likely to be further eroded by National’s announced spending plans they have not yet accounted for.

“Yet National’s campaign is so inept they still haven’t released their fiscal plan. They are yet to update their numbers, despite announcing several big spending promises.

“National hasn’t reacted to modern election practices. It’s time to be more open with New Zealanders,” says David Parker.

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