INDEPENDENT NEWS

Crown accounts confirm bulging public sector

Published: Fri 4 Nov 2005 03:32 PM
John Key MP
National Party Finance Spokesman
04 November 2005
Crown accounts confirm bulging public sector
National Party Finance spokesman John Key says the Government’s overflowing coffers are helping to disguise a spending blow-out in the public sector.
“Little wonder Michael Cullen is proposing a razor gang, when personnel costs are rising as fast as they are.”
Mr Key is referring to Crown accounts released today which show government personnel costs are $365 million or 11% higher than the same period last year. Some of the rise is due to increased pension costs.
Tax revenue is up by $1 billion on the same period last year, up 9.3%.
“The Government continues to take more tax than it needs and personnel costs are rising at an even faster rate than the tax take,” says Mr Key.
“National was up front during the election campaign about its intention to find savings by reducing the bureaucracy - Labour was not.
“Union leaders should now be questioning their support for a Government that has operated in such a deceptive way,” says Mr Key.
ENDS

Next in New Zealand politics

Government To Phase Out Live Exports By Sea
By: New Zealand Government
New Zealand’s New Housing Policy Is Really Just A New Tax Package — And It’s A Shambles
By: The Conversation
Emissions Report Shows Urgent Action Needed
By: New Zealand Government
ACC’s Policy Of Not Covering Birth Injuries Is One More Sign The System Is Overdue For Reform
By: The Conversation
Police Accept Findings Of IPCA Report Into Photographs Taken At Checkpoint
By: New Zealand Police
Drug-testing Law To Be Made Permanent
By: New Zealand Government
Emotive Live Export Ban A Kick In The Guts
By: ACT New Zealand
World Leading Live Export Ban Means Thousands Of Animals Will No Longer Suffer Overseas
By: SAFE NZ
Feds: Live Export Ban 'surprising'
By: Federated Farmers
NZ Becomes First In World For Climate Reporting
By: New Zealand Government
Photographs Taken At Police Checkpoint Unlawful
By: Independent Police Conduct Authority
View as: DESKTOP | MOBILE © Scoop Media