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Steven Joyce

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About the $7.5 billion surplus

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.

Transmission Gully

Written By: - Date published: 7:15 am, September 2nd, 2019 - 69 comments

NZTA have determined to not proceed with tolling the Transmission Gully motorway.  Does this make it the country’s largest single transport waste? 

Lies damn lies and tax analysis

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.

The Eminem decision and National’s electoral return

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.

Grant Robertson is a financial genius

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.

Winston sues

Written By: - Date published: 8:10 am, June 12th, 2018 - 78 comments

Winston Peters has commenced legal proceedings against Anne Tolley and Paula Bennett because of the leaking during last year’s election campaign of private information about a superannuation overpayment he received.

The hidden infrastructure fiscal crisis gets real

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.

Joyce may have been right about the Fiscal hole

Written By: - Date published: 8:30 am, March 28th, 2018 - 100 comments

Steven Joyce’s prediction of a $11.7 billion deficit in the Government’s finances may be true.  But this is because the last Government has underfunded health and hidden problems.

Tripling down on financial illiteracy with Amy Adams (and MMT)

Written By: - Date published: 9:00 am, March 8th, 2018 - 128 comments

A 500-million Mark bank note from pre-war Germany

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.

We need more ministers like Steven Joyce

Written By: - Date published: 11:45 am, March 7th, 2018 - 123 comments

Rare praise for Steven Joyce from someone on the left.

Who is next?

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.

Joyce resigns from Parliament

Written By: - Date published: 1:53 pm, March 6th, 2018 - 204 comments

Steven Joyce has announced that he is resigning from Parliament.

Steven Joyce threatens to sue Matthew Hooton and the NBR

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.

Who will the new leader of the National Party be?

Written By: - Date published: 9:49 am, February 27th, 2018 - 52 comments

Today we will find out if National is taking a step backwards. Or two steps backwards.

The battle of the five political midgets

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.

National claims credit for Waitangi Day

Written By: - Date published: 8:21 am, February 7th, 2018 - 58 comments

National is claiming some credit for the success of Waitangi day. But the things they claim credit for are because of decisions of others, not the National Government.

What will 2018 bring for National?

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 …

Media response to Labour’s budget

Written By: - Date published: 8:42 am, December 15th, 2017 - 114 comments

Media response to the new Government’s mini budget has been overwhelmingly positive.

Joyce’s multi billion dollar budget hole

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.

Spare a thought for Steven Joyce

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.

National loses itself

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.

The Herald doesn’t want Winston to go with Labour

Written By: - Date published: 11:58 am, October 1st, 2017 - 132 comments

The Herald has offered a number of opinions this weekend saying that Labour forming a coalition with New Zealand First would be a very bad thing.

English, Joyce, Bennett et al desperate to keep their power?

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.

Garner on National’s death rattle

Written By: - Date published: 8:29 am, September 9th, 2017 - 73 comments

Weekend pundits agree that the Joyce / English brazen lie about Labour’s budget is a disaster for the Nats. Duncan Garner pronounces National’s death rattle.

National enters panic mode and goes tough on beneficiaries

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.

Who agrees with you Bill?

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.

Finance debate – Grant Robertson vs big flaming gasbag

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.

Liar Joyce’s shifting goal posts and zero budgets

Written By: - Date published: 8:13 am, September 6th, 2017 - 16 comments

Hopelessly compromised Steven Joyce is trying to shift the goalposts from his thoroughly exposed $11.7bn lie to Labour’s “zero budgets”. He’s clutching at straws…

Joyce keeps digging

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.

Joyce and English now laughing stock

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.

Even Kiwiblog won’t defend Joyce’s $11.7 billion claim

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.

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