INDEPENDENT NEWS

Is that it Mr Robertson?

Published: Thu 10 May 2018 02:28 PM
Amy Adams - Finance
10 May 2018
The Finance Minister is already reduced to re-announcing five month old news in his major pre-Budget speech this morning, National’s Finance Spokesperson Amy Adams says.
“Grant Robertson’s key announcement today was exactly what he told us at his half-yearly update in December, namely that there would be a $42 billion capital spend over the next five years.
“It’s bizarre that he has absolutely nothing new to say in the pre-budget announcement for his first budget.
“What this number means in reality is that the Government will be racking up a further $10 billion of debt on behalf of New Zealanders despite having inherited a strong economy and growing surpluses.
“Business confidence is low with exporters and employers worried about the direction the Ardern-Peters Government is taking New Zealand in. This was Grant Robertson’s opportunity to reassure business leaders about his plan for New Zealand’s future economic growth. Instead he has re-heated five month old news.
“This Government is spending more, borrowing more and taxing people more, yet he has laid out no plans for how New Zealand can earn more.
“Actually they are pulling the handbrake on growth by attacking the regions, key industries like oil and gas, and our farmers.
“Surely New Zealanders deserve better than repeating five month old news.”
ends

Next in New Zealand politics

Steep rise in hardship numbers showcases income inadequacy
By: Auckland Action Against Poverty
Junior doctors strike tomorrow, DHBs say they're prepared
By: RNZ
Gordon Campbell on MBIE’s social media scam
By: Gordon Campbell
New campaign for a 21th century trade agenda
By: Professor Jane Kelsey
Gordon Campbell: Thompson + Clark are the tip of the iceberg
By: Gordon Campbell
Education Provider in Interim Liquidation
By: Grant Thornton
Report: complaints about Deputy Commissioner Wallace Haumaha
By: Independent Police Conduct Authority
Hardship grant rise 'related to housing cost'
By: RNZ
Benefit rates remain low
By: New Zealand Government
Benefits up as Govt makes it easier to do nothing
By: New Zealand National Party
Hardship grant increase shows baseline benefit must increase
By: Green Party
Welfare rolls swell with 1 in 10 on benefits
By: ACT New Zealand
Families cannot wait till Budget 2019 announcements
By: Child Poverty Action Group
ASMS Advice on RMO National Strike(s)
By: Association of Salaried Medical Specialists
DHBs dispute union’s claims about bargaining
By: District Health Boards
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media