Written By: - Date published: 8:43 am, October 9th, 2019 - 37 comments
The announcement of a $7.5 billion surplus for the last fiscal year combined with a $5.5 billion surplus the year before proves once and for all that Steven Joyce’s claim of a $11.5 billion deficit in Labour’s costings was bollocks.
Written By: - Date published: 1:21 pm, March 2nd, 2019 - 67 comments
National’s claim that a capital gains tax would reduce the value of an average worker’s Kiwisaver account by $64,000 over a 45 year working life seems to be as valid as Steven Joyce’s claim there was an $11.5 billion dollar hole in Labour’s draft budget.
Written By: - Date published: 4:20 pm, December 19th, 2018 - 27 comments
The Court of Appeal has determined that National should pay Eminem $225,000 for use of his music. This may create rather large legal problems for them.
Written By: - Date published: 1:22 pm, October 9th, 2018 - 80 comments
Remember the $11.5 billion hole that Stephen Joyce and National said Labour was going to leave the country with? Well the 2017/18 financial books have been completed and released and the Government’s surplus was $2.4 billion greater than forecast.
Written By: - Date published: 8:19 am, April 10th, 2018 - 245 comments
Steven Joyce’s $11.7 billion fiscal hole is becoming more and more of a reality although it is in hidden infrastructure costs that National had suppressed in search of the elusive surplus.
Written By: - Date published: 9:00 am, March 8th, 2018 - 128 comments
Amy Adams won’t commit to $11.7b, but she too has now become the third person to fall down the imaginary fiscal hole. How can National claim to have any soundness on finance if they won’t admit their criticisms on the economy are unreasonable and unfounded? And besides, aren’t National actually worse fiscal managers if ordinary people tend to get paid less under their regimes? We dive into some theory to thoroughly dispute even Steven Joyce’s/Amy Adam’s secondary criticism of “fiscal tightness,” although concede that two of the Budget Responsibility rules are probably stupid in order to do it.
Written By: - Date published: 8:03 am, March 7th, 2018 - 65 comments
Steven Joyce’s resignation may be the first of many as National adjusts to the possibility of a lengthy stay in opposition.
Written By: - Date published: 5:22 pm, March 5th, 2018 - 76 comments
Matthew Hooton has been sacked as a contributor to the NBR and Steven Joyce has threatened to sue him and the NBR over claims that Joyce is not popular in caucus and should be sacked.
Written By: - Date published: 8:01 am, February 20th, 2018 - 102 comments
Steven Joyce and Mark Mitchell have both thrown their hats into the ring for National’s leadership.
Written By: - Date published: 8:00 am, January 4th, 2018 - 179 comments
What are National’s prospects this year? Will Bill English survive as leader? Will there be resignations and a clean out of the front bench? Stay tuned …
Written By: - Date published: 2:13 pm, November 29th, 2017 - 29 comments
It appears that Steven Joyce was right about there being a multi billion dollar hole in the Government’s finances. But not in the way claimed.
Written By: - Date published: 9:30 am, October 26th, 2017 - 36 comments
Steven Joyce had a bad day yesterday. His claim that National’s use of one of Eminem’s song was “pretty legal” was shown to be anything but. And he stuck to his claim that there was a $11 billion dollar hole in Labour’s budget, casting doubt either on his honesty or on his competence.
Written By: - Date published: 3:46 pm, October 25th, 2017 - 86 comments
It seems that National’s use of Eminem’s song lose yourself was not so legal.
Written By: - Date published: 9:54 am, September 30th, 2017 - 60 comments
This might look like smart politics for National to draw the Greens in with National but a more primary motivation might be that English/Joyce and co. are desperate to form a coalition with anyone, otherwise as individuals, they’ll certainly lose their power within the party in the inevitable shakeup.
Written By: - Date published: 8:38 am, September 8th, 2017 - 27 comments
National has tried to divert attention from the budget hole fiasco by promising to get even tougher on beneficiaries.
Written By: - Date published: 6:39 am, September 8th, 2017 - 20 comments
Last night Bill English emphatically defended and agreed with Steven Joyce’s lie about a “hole” in Labour’s budget – specifically the disproved figure of $11.7 billion. Jacinda Ardern took him apart with one simple question. English has nothing left now.
Written By: - Date published: 8:32 am, September 7th, 2017 - 54 comments
The RNZ debate between Labour and Nat finance spokespersons has just concluded – Grant Robertson vs a big flaming gasbag. Robertson very strong, gasbag unable to name One Single Person who agrees with his $11.7bn big lie.
Written By: - Date published: 8:08 am, September 6th, 2017 - 10 comments
Steven Joyce is spinning furiously and is now claiming that Labour has set aside no money for budget increases for many Government Departments. But when Labour’s figures are compared to PREFU it is clear that Labour is planning to maintain or exceed National’s propose future spend.
Written By: - Date published: 7:01 am, September 6th, 2017 - 145 comments
Post John Key all National ever had going for it was an undeserved reputation for financial competence. Now that is gone too. It doesn’t get any worse than this 3 weeks out from an election.
Written By: - Date published: 11:58 am, September 5th, 2017 - 15 comments
David Farrar has put up and then amended a post suggesting that there is a $11.7 billion hole in Labour’s policy financials. It appears that even he does not believe there is a $11.7 billion discrepancy in Labour’s accounts.