Rt Hon John Key
Prime Minister &
Leader of the National Party

5 December 2011 Media Statement
National-ACT agreement announced

National Party Leader John Key today announced the confidence and supply agreement negotiated with the ACT Party.

“I welcome this agreement with the ACT Party,” says Mr Key. “I am pleased this agreement has helped form a strong, stable National-led Government.

“The agreement gives the National-led Government confidence and supply support throughout this term. The agreement has a strong focus on the economy, including a concentration on fiscal discipline, and reducing the costs to business.

“As part of the agreement, the ACT Party will support the legislation required to give effect to the policies outlined in National’s Post-Election Action Plan.

“The agreement provides for ACT MP John Banks to be appointed to the positions of Minister for Regulatory Reform, Minister for Small Business, Associate Minister of Education, and Associate Minister of Commerce. He will be a Minister outside Cabinet.
“Mr Banks will be a member of the following Cabinet committees: Expenditure Control, Economic Growth and Infrastructure, and Appointments and Honours.

“In addition, National has agreed to support a range of principles, policies and priorities put forward by the ACT Party. These are outlined in the confidence and supply agreement.

“I look forward to a constructive relationship with Mr Banks and the ACT Party in this term of government,” says Mr Key.

Visit the National-ACT Confidence and Supply Agreement at:
http://national.org.nz/PDF_Government/National-ACT_Confidence_and_Supply_Agreement.pdf

Visit National’s Post-Election Action Plan at:
http://national.org.nz/PDF_General/Post-Election_Action_Plan_.pdf

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[Scoop copies of documents:
NationalACT_Confidence_and_Supply_Agreement.pdf
PostElection_Action_Plan_.pdf]

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