web analytics

Key conjures up cuts

Written By: - Date published: 11:53 am, February 12th, 2008 - 10 comments
Categories: john key, national, spin, tax - Tags: , , ,

John Key tells us that he would cut ‘wasteful government spending’ to pay for upper-bracket tax cuts bigger than Labour’s cuts. But do the facts match the rhetoric?

Remember National’s wastewatch website? It listed $900 million in ‘waste’ since 1999 only 0.2% of government spending, which won’t pay for many tax cuts. And most of the supposed ‘waste’ was building new prisons, hardly waste.

magican.gifWhile Key talks about restraining government spending he hasn’t actually announced any spending cut policies, just the opposite. Last month alone Key announced: $100 million for boot camps for 1000 problem kids; $15 million for bonus for early student loan repayments, more if early repayments actually increase; uncosted extra spending on prisons from repeal of bail laws; uncosted increase in spending on Court security; uncosted increase in funding (up to $2 billion) for leaky homes.

Key needs to be truthful. He needs to say what spending he would cut. Instead, he announces increased spending at every turn. How would he pay for monster tax cuts? Magic?

10 comments on “Key conjures up cuts ”

  1. rjs131 1

    I am happy to exchange a cut in judith tizard’s massive travel bill for a reduction in the amount i pay in tax – or are you suggesting that this is taxpayer money well spent?

  2. Matthew Pilott 2

    Top stuff rjs – that’ll be maybe a third of a cent per worker. Please try again.

    I remember looking through wastewatch, and even taking all of the stupid content into account, it came out at about $4 per worker per year. I suspect Key’s definition of wasteful spending is very different to that of your average New Zealander.

  3. John Key

    he flips, he flops
    like a mullet in a net
    moving a lot
    but going nowhere
    glazed eyes fixed
    on an imaginary prize

  4. Steve Pierson 4

    sprout. That’s, that’s beautiful.

    rjs131. A sense of scale might be useful.

  5. “Growing the spending at a lower rate” is speech for cuts in real expenditure.

    A Key government which grew spending in the state sector at 1%, with inflation at 2-3% and with necessary expenses rising in cost along similar lines, would either result in less capability to deliver of the same services or cuts in services deemed politically “wasteful”.

  6. insider 6

    I think you will see a significant cap on govt employment. They won’t cut but won’t grow. I’d expect some of the smaller departments merged and a close look at some of the programmes being pursued and associated PR budgets.

    I see Labour are going to inflate house prices further with taxpayer subsidised loans. Brilliant…

  7. Steve Pierson 7

    insider. Are you listening the the speech? Because I’m pretty sure the PM just said subsidising loans is precisely not what they’re doing. rest assured we’ll have a post on the speech on due course.

  8. insider 8

    Just read it steve.

    “It’s not a problem which can be solved by throwing a lot more money at mortgage subsidies – that would only drive prices up still further.”

    ” in July this year, we will launch a shared equity scheme targeted at new builds to help people in high-cost areas get onto the home ownership ladder.”

  9. Steve Pierson 9

    insider. do you know what a shared equity scheme is? It’s not a subsidised loan. The government buys part of the house in conjunction with the home buyer. The home buyer has to put out less moeny but they get less equity too. no loan subsidy but more affordability.

    It still would put upward pressure on prices, but the scheme is limited to new houses for first home owners. that’s not going to have much effect on the broader market.

  10. Phil 10

    “but the scheme is limited to new houses for first home owners. that’s not going to have much effect on the broader market”

    Erm… do you want to recant that now, or be made to look like a complete and utter fool in six months time?

Recent Comments

Recent Posts

  • How we’re preparing for Omicron
    As countries around the world experience Omicron outbreaks, we’re taking steps now to ensure we’re as prepared as possible and our communities are protected. ...
    17 hours ago
  • What’s Labour achieved so far?
    Quite a bit! This Government was elected to take on the toughest issues facing Aotearoa – and that’s what we’re doing. Since the start of the pandemic, protecting lives and livelihoods has been a priority, but we’ve also made progress on long-term challenges, to deliver a future the next generation ...
    1 week ago
  • Tackling the big issues in 2022
    This year, keeping Kiwis safe from COVID will remain a key priority of the Government – but we’re also pushing ahead on some of New Zealand’s biggest long-term challenges. In 2022, we’re working to get more Kiwis into homes, reduce emissions, lift children out of poverty, and ensure people get ...
    1 week ago

  • Quarterly benefit numbers show highest number of exits into work
    The Government’s strong focus on supporting more people into work is reflected in benefit figures released today which show a year-on-year fall of around 21,300 people receiving a main benefit in the December 2021 quarter, Minister for Social Development and Employment Carmel Sepuloni said. “Our response to COVID has helped ...
    BeehiveBy beehive.govt.nz
    18 hours ago
  • Northland to move to Orange, NZ prepared for Omicron 
    Northland to move to Orange Rest of New Zealand stays at Orange in preparedness for Omicron All of New Zealand to move into Red in the event of Omicron community outbreak – no use of lockdowns Govt planning well advanced – new case management, close contact definition and testing rules ...
    BeehiveBy beehive.govt.nz
    19 hours ago
  • RNZAF C-130 Hercules flight departs for Tonga as Navy vessels draw nearer to Tongatapu
    A Royal New Zealand Air Force C-130 Hercules has departed Base Auckland Whenuapai for Tonga carrying aid supplies, as the New Zealand aid effort ramps up, Foreign Affairs Minister Nanaia Mahuta and Defence Minister Peeni Henare said today. “The aircraft is carrying humanitarian aid and disaster relief supplies, including water ...
    BeehiveBy beehive.govt.nz
    21 hours ago
  • New Zealand prepared to send support to Tonga
    New Zealand is ready to assist Tonga in its recovery from Saturday night’s undersea eruption and tsunami, Foreign Affairs Minister Nanaia Mahuta and Defence Minister Peeni Henare said today. “Following the successful surveillance and reconnaissance flight of a New Zealand P-3K2 Orion on Monday, imagery and details have been sent ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Aotearoa New Zealand stands ready to assist people of Tonga
    The thoughts of New Zealanders are with the people of Tonga following yesterday’s undersea volcanic eruption and subsequent tsunami waves, Foreign Affairs Minister Nanaia Mahuta says. “Damage assessments are under way and New Zealand has formally offered to provide assistance to Tonga,” said Nanaia Mahuta. New Zealand has made an ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Record high of new homes consented continues
    In the year ended November 2021, 48,522 new homes were consented, up 26 per cent from the November 2020 year. In November 2021, 4,688 new dwellings were consented. Auckland’s new homes consented numbers rose 25 per cent in the last year. Annual figures for the last nine months show more ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Report trumpets scope for ice cream exports
    Latest research into our premium ice cream industry suggests exporters could find new buyers in valuable overseas markets as consumers increasingly look for tip top quality in food. Economic Development Minister Stuart Nash has released a new report for the Food and Beverage Information Project. The project is run by ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Honouring the legacy of legendary kaumātua Muriwai Ihakara
    Associate Minister for Arts, Culture, and Heritage Kiri Allan expressed her great sadness and deepest condolences at the passing of esteemed kaumātua, Muriwai Ihakara. “Muriwai’s passing is not only a loss for the wider creative sector but for all of Aotearoa New Zealand. The country has lost a much beloved ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Have your say on proposed changes to make drinking water safer
    Associate Minister for the Environment Kiri Allan is urging all New Zealanders to give feedback on proposed changes aimed at making drinking water safer. “The current regulations are not fit for purpose and don’t offer enough protection, particularly for those whose water comes from smaller supplies,” Kiri Allan said. “This ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Planting the seeds for rewarding careers
    A boost in funding for a number of Jobs for Nature initiatives across Canterbury will provide sustainable employment opportunities for more than 70 people, Conservation Minister Kiri Allan says. “The six projects are diverse, ranging from establishing coastline trapping in Kaikōura, to setting up a native plant nursery, restoration planting ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • New Zealand congratulates Tonga's new Prime Minister on appointment
    Minister of Foreign Affairs Nanaia Mahuta today congratulated Hon Hu'akavameiliku Siaosi Sovaleni on being appointed Prime Minister of the Kingdom of Tonga. “Aotearoa New Zealand and Tonga have an enduring bond and the Kingdom is one of our closest neighbours in the Pacific. We look forward to working with Prime ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • High-tech investment extends drought forecasting for farmers and growers
    The Government is investing in the development of a new forecasting tool that makes full use of innovative climate modelling to help farmers and growers prepare for dry conditions, Agriculture Minister Damien O'Connor said.  The new approach, which will cost $200,000 and is being jointly funded through the Ministry for ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Support for fire-hit Waiharara community
    The government will contribute $20,000 towards a Mayoral Relief Fund to support those most affected by the fires in Waiharara in the Far North, Minister for Emergency Management Kiri Allan says. “I have spoken to Far North Mayor John Carter about the effect the fires continue to have, on residents ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Manawatū’s ‘oases of nature’ receive conservation boost
    The Government is throwing its support behind projects aimed at restoring a cluster of eco-islands and habitats in the Manawatū which were once home to kiwi and whio. “The projects, which stretch from the Ruahine Ranges to the Horowhenua coastline, will build on conservation efforts already underway and contribute ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • New Zealand to continue Solomon Islands support
    A New Zealand Defence Force and Police deployment to help restore peace and stability to Solomon Islands is being scaled down and extended. The initial deployment followed a request for support from Solomon Islands Government after riots and looting in capital Honiara late last month. They joined personnel from Australia, ...
    BeehiveBy beehive.govt.nz
    3 weeks ago