‘Trains and sports good, computers bad’, says Winston

Winston Peters’ objection to handouts for Wynyard Group is rich coming from the king of corporate welfare himself, says ACT Leader David Seymour.

“On the same day we hear money may be given to Duco Events for the Joseph Parker fight, Winston instead turns his sights on the payments given to Wynyard Group, a software firm.

“It’s no surprise. Gravy for sports companies is the kind of feel-good corporate welfare Winston supports. He just draws the line at new-fangled computer companies he doesn't understand.

“It’s just like how he’d increase spending on Kiwirail bailouts, which have cost the taxpayer $687 million since 2013. Compare that to the one million for Wynyard Group that Winston’s so heat up over.

“You need only look to his tenure in the last Government to see he rivals Steven Joyce as the king of corporate welfare. His gleeful use of handouts curried favour with horse racing executives when he was Minister for Racing – a job that shouldn’t even exist, by the way.

“Meanwhile, ACT opposes all cases of corporate welfare as a matter of principle. We’d rather return the money to all companies as a tax cut.

“That difference in approach explains how ACT operates as a stable spine for the National-led Government, while the two Governments that included Winston saw spending blowouts and, as a consequence, mortgage rates reached 11%.”

ENDS

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