Labour's Costed Policy Commitments - November 99
The 'A' List - Labour's Costed Policy Commitments - November
99
Credit Card
Annual cost in 3rd year
$m
Notes
$m
Job Creation 100
Labour's
Industry Development policy 5/10/98. They estimate current
spending at $100m and say this is anticipated to reach $200m
after 1st year and more subsequently.
Surgery waiting
times 200
Labour commitment confirmed by Annette King
in Herald 20/10/99.
Student loans
130
Labour's costing of student loans for third year from The
Herald 30/9/99. (Rest of tertiary education policy included
below.)
Wage-indexation of NZ
Super
243
Treasury estimate of savings from Govt
policy of reducing floor to 60%.
Income related
rents
75
$75m is what Cullen uses in his letter to
the Editor of the Evening Post 24/5/99 - referring to it as
an official estimate. Cullen says this is to be phased-in
and will be higher in the 3rd year.
Burglary
and youth crime
?
Fiscally neutral according to
George Hawkins but includes several commitments to increase
funding (eg increased funding for CYPFA & community-based
programmes).
Credit Card Total
748
In a
letter to the Editor of Evening Post 24/5/99, Cullen says
"If we assume half the full spending is able to occur in
year one, based on official estimates, that makes the cost
$361.5m". This gives a full year figure for year 3 of
$723m.
Other Costed Commitments
Available costings
$m
Schools
180
Announced at press briefing. Funding
increases from $60m in 00/01 to $120m in next year, then
$180m.
Early Childhood
Education
29
$86m over 3 years (Labour press
release 12/10/99).
Tertiary Education (other
than loans)
170
Labour costing ($300m in total in
third year with $130m of this being student
loans).
Industry training
20
Announced
at Labour's press briefing.
Farm Partnership
Scheme
7
Land protection scheme described in
Labour's rural policy. Costing of $20m over 3 years is
Labour's. (The costing is indicative and is based on a
similar 1990 Scheme rather than a new scheme.)
ACC
Policy - reinstate lump sums
110
Ruth Dyson quoted
in The Independent 13/10/99.
No user charges for
border protection
30
Announced at National Tourism
Conference in Queenstown, July 99. Costing mentioned in ODT
article 31/7/99 which quotes Helen Clark.
Social welfare
75
Steve Maharey on TV One Breakfast
9/9/99. We have assumed this is an annual cost.
Remainder of health policy
175
Annette King has put
the total policy cost at $825m over 3 years, with $175m in
the first year, $275m in the next year and $375m in the
third year (Chch Press 26/10/99). In the Herald (20/10/99)
Annette King confirms that about $200m a year will go to
elective surgery & we have included this against the credit
card above. Note that removal of asset testing was not
included in the costing (Annette King quoted in the Herald
20/10/99).
Green Agenda
22
$65m
over three years. Helen Clark quoted in the Dominion
15/10/99.
Anti-gang surveillance & changes to
bail
8
Anti-gang: Phil Goff quoted in the Dominion
23/10/99 ($10m which we have spread over 3 years). Bail:
Labour press release of 22/10/99 ($4.3 - $10m per year plus
capital costs).
Science
policy
75
Policy is to increase spending to 0.8%
GDP by 2010. Costing of $75m in the third year assumes
spending as a % of GDP is increased by 0.02 each year,
starting from the current level of 0.58% or about $600m.
Total of Other Costed 900
Grand
Total 1,648