Written By: - Date published: 9:58 am, November 5th, 2011 - 69 comments
Labour’s fiscal strategy takes National’s projections and adds or subtracts money for its policies. The clever thing is they alter the Nats’ projections to remove all the dividend revenue from assets they want to sell. How much is taken off National doesn’t affect if Labour gets back to surplus in 2014 – but it makes National’s projections more accurate. The Nats are complaining.
Written By: - Date published: 6:55 am, June 24th, 2010 - 27 comments
The first budget from the new Tory-LibDem government is a shocker, with massive austerity cuts and a rise in VAT to 20%. This is the bill for the £850 billion bail out of big banks coming home to roost.
Written By: - Date published: 3:47 pm, May 28th, 2009 - 12 comments
Treasury’s main forecasts for the economy have worsened significantly since December: Nothing for jobs in the Budget. Tens of thousands more on the dole. We need better than this. – Marty G
Written By: - Date published: 2:15 pm, May 28th, 2009 - 46 comments
This post will be updated by the Standardistas as the details of the Budget come out. If you have special knowledge of a field and spot something that we (and the mainstream media) are likely to miss, drop us a line at thestandardnz@gmail.com and we’ll put it up. – [2:17] Contributions to the Superannuation Fund …
Written By: - Date published: 12:00 pm, May 27th, 2009 - 81 comments
We need to keep paying into the Superannuation Fund. Never heard anything so dumb as the idea of stopping making payments right now. Invest now and make a tidy sum to pay for super in the future. If we don’t we’ll have to put up taxes in the future or cut super. I’m looking forward …
Written By: - Date published: 9:47 am, May 26th, 2008 - 40 comments
With a loving smack that would have brought a smile to Bob McCoskrie’s face, the Herald‘s editorial today rebukes John Key in the strongest terms it can. Now that the Budget is behind us, the National Party has less excuse for indecision on most of the important economic issues facing the country at the coming …
Written By: - Date published: 9:04 am, May 23rd, 2008 - 59 comments
John Campbell interviews John Key on the budget, refusing to let him get away with merely repeating his focus-grouped lines. At about the 3 minute mark Campbell challenges Key’s evasiveness directly: “I think you are as slippery as a snake in wet grass”. It’s not just the media that are starting to get frustrated with …
Written By: - Date published: 4:30 pm, May 22nd, 2008 - 36 comments
From John Armstrong in The Herald: Is it enough? Michael Cullen has given it his best shot. He has been about as generous as he could be. He and his Labour colleagues will not die wondering what might have been had the Finance minister’s tax cuts been bolder. He could not have been bolder without …
Written By: - Date published: 11:24 am, May 8th, 2008 - 19 comments
It’s disappointing that Michael Cullen has ruled out both a tax-free bracket and a GST cut in his tax cut package to be announced at the Budget (not least of all because it means he clearly isn’t taking policy advice from The Standard). His reasoning is odd on both points. The tax-free bracket is rejected …
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