Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


Budget does nothing for working families

19 May 2011
Media Release

Budget does nothing for working families

Working families looking for relief from rapidly rising prices and other costs will be sorely disappointed with today’s Budget which will put even greater pressure on households already stretched to breaking point, the country’s largest private sector union says.

‘This Budget was a chance for this government to show it understands the very real pressure working people are under. They could have offered some help and hope in tough times,’ says EPMU national secretary Andrew Little.

‘What was most needed was investment in job creation and growth. The Government has missed the opportunity to do either. This Budget does nothing for working families.’

The widely expected cuts to Kiwisaver and Working for Families will place a further financial burden on middle- and lower-income earners.

‘Working families are already reeling from the impact of GST increases and rising food and fuel prices,’ says Little. ‘Workers are now being asked to pay for the Government’s tax cuts.’

Kiwisaver, Working for Families and interest-free student loans cost almost $5 billion a year. The Government’s package of tax cuts, mainly benefiting those on higher incomes, has given away approximately the same amount.

The Government has spent $14 billion on tax cuts when it couldn’t afford to,’ says Little. ‘The Government is basically filling a hole it created for itself.’

‘Cuts to public sector jobs and privatisation of publicly owned assets are more attempts to backfill a problem of its own making.’


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Compensating Afghan Civilian Casualties

Reportedly, there have been nine incidents resulting in 17 civilian deaths and injuries (seven of the dead were children) caused by ordnance left behind on what used to be the firing range of our Provincial Reconstruction Team (PRT) in Bamiyan province.

Given that the NZ Defence Force has needed to be hauled kicking and screaming into belatedly arranging an adequate clean-up of its old firing range… what would it take before New Zealand offers to pay compensation to the families of those who suffered death and injury from what was left behind on our watch? More>>


Children's Day: Commissioner Calls For Govt Commitment

“Three decades on, we are able to celebrate some significant changes for children like the recent launch of a Child and Youth Wellbeing Strategy. But we still have a long way to go to prioritise children’s rights.” More>>


Elections: Proposed Electorate Boundaries Released

The Representation Commission is proposing changes to half of New Zealand’s electorates and establishing a new electorate in south Auckland… More>>


"Effectively A Permanent Amnesty": Final Month For Gun Ban Compensation

The firearms buy-back comes to an end a month from today, but the police say the amnesty for returning banned guns will continue into next year and beyond. More>>




Overseas Investment Rules: New National Interest Test

The Government is delivering on its promise to protect New Zealanders’ interests by applying a new national interest test to the sales of our most sensitive and high risk assets to overseas buyers... More>>


Matter Of Trust: Peters Says NZ First Loans Legal

"Allegations raised this morning by Stuff Limited / Fairfax concern a party matter but I am confident that New Zealand First has operated within electoral laws, now and for the last 27 years." More>>



Gordon Campbell: On Labour’s Age Problem, And The Port Hills

Labour has been steadily improving its gender balance to the point where there are now 21 women in its caucus out of 46 MPs in all... Yet Labour has been just as steadily losing the generational battle to the Greens. More>>


Charles & Camilla: Visit Takes Royals From Waitangi To Christchurch

Domestic violence services, conservation and education are all on the list for the royal tour. The Prince of Wales and the Duchess of Cornwall will spend a week travelling the country from Waitangi to Christchurch. More>>





InfoPages News Channels