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

 

Budgets for fairness, opportunity and security

Labour
2000 web site
Labour deputy Leader Michael Cullen today released Labour's pre-election fiscal update saying it was the budgetary framework for fairness, opportunity and security.

"Labour's emphasis is on responsible budgets designed for ordinary New Zealand families. We aim to improve life for the mums and dads who struggle to give a good start and opportunities to their children and for the superannuitants who have borne the brunt of nine long years of National government.

"National and Act want tax cuts for the wealthy. We want a better standard of living for the great majority," Dr Cullen said.

"National is now promising tax cuts, around two thirds of which will go to the top 5 percent of taxpayers and to predominantly foreign-owned corporates.

"By rejecting those and asking the top 5 percent to pay a little more, Labour will be able to:

· Restore the level of the married rate for the pension to 65 percent of the average, ordinary time weekly wage on April 1 next year.
· Introduce a fairer student loans scheme that abolishes the piling up of interest while people are still students.
· Cut waiting times for surgery.
· Invest in business development and export growth.
· Begin the creation of a long-term scheme to fund New Zealand Superannuation.
· Cut the cost of housing for low income families.
· Provide better funding to Plunket and the early childhood support programmes.
· Improve the quality of education at all levels.

"It really is a matter of fairness. The gains from the economic changes of the last 15 years have gone overwhelmingly to the best off while ordinary families have seen the gaps widen.

"In nine years of National Government, there have been three years in which the pension has been frozen. Per student spending in education has continued to fall while a whole range of social services for ordinary families have been stripped away or become more expensive.

"Labour will start turning that around. We need to offer ordinary Kiwi families something better than the chance to buy shares in assets they already own.

"We will offer real opportunity and security and we will do that in a fiscally responsible way. Our budgets, unlike Act's, do not depend on finding someone to pay $1200 million more for TVNZ than it is worth.

"Nor are they threatened by Prime Ministerial fiscal slips like National's. They are solidly based and thoroughly costed," Dr Cullen said.

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

PM's Speech: NZ Moves To Red


Nine COVID-19 cases reported yesterday in the Nelson/Marlborough region have now been confirmed as the Omicron variant, and a further case from the same household was confirmed late yesterday....
More>>

ALSO:


Gordon Campbell: On Responding To The Need In Tonga


The power of the Tonga eruption (and the size of the aid response being mounted) have been sobering indications of the scale of this disaster. The financial impact is certain to exceed the damage done by Cyclone Harold two years ago, which was estimated at the time to cost $US111 million via its effects on crops, housing and tourism facilities. This time, the tsunami damage, volcanic ash, sulphur dioxide contamination and villager relocation expenses are likely to cost considerably more to meet...
More>>



 
 



Science Media Centre: Omicron Outbreak Would Move The Country To Red - Expert Reaction

The Prime Minister has announced if Omicron cases spread into the community, the country will move to the traffic light system's Red setting within 48 hours. Jacinda Ardern also mentioned there will be changes to the country's testing regime, with more use of Rapid Antigen Tests... More>>


Government: New Zealand Prepared To Send Support To Tonga

New Zealand is ready to assist Tonga in its recovery from Saturday night’s undersea eruption and tsunami, Foreign Affairs Minister Nanaia Mahuta and Defence Minister Peeni Henare said today... More>>


Ministry of Health: COVID-19 Immunisation Starts For 5 To 11-year-old Tāmariki

More than 120,000 doses of the child (paediatric) Pfizer vaccine have been delivered to over 500 vaccination sites around New Zealand as health providers prepare to start immunising 5 to 11-year-olds tamariki from today, 17 January... More>>



Statistics: Departures Lift Border Crossing Numbers

The number of people crossing New Zealand’s border went up in November 2021, mostly due to an increase in departures, Stats NZ said today. There were 28,700 border crossings in November 2021, made up of 12,300 arrivals and 16,400 departures... More>>


Financial Services Federation: Open Letter To Government From Non-bank Lenders: The Path Forward On CCCFA Changes
Responsible lenders are not interested in telling the Government “I told you so” when it comes to unintended consequences of changes to lending laws that are now causing grief for everyday Kiwis seeking finance... More>>

CTU: Too Many Kiwi Workers Financially Vulnerable As Omicron Looms
With New Zealand on the precipice of an Omicron outbreak and the economic upheaval that comes with it, the CTU’s annual Mood of the Workforce Survey shows the vast majority of kiwi workers do not have the financial resources to survive a period of unemployment... More>>

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels