Labour has run its numbers and opened its books, promising multi-billion-dollar injections into health and education.
If elected, Labour leader Andrew Little said he would pump $8b more over four years into health and $4b into education, all the while maintaining surpluses of more than $4b.
The plan has been independently vetted by economic consultancy firm Berl, which has confirmed the policy plans would stick within Labour’s own budget responsibility plan, which it signed jointly with the Green Party.
“Labour’s Fiscal Plan prioritises new investment in housing, health, education, and infrastructure. Our plan will boost the incomes for low and middle income families, create opportunities for our young people, and improve the lives of all,” Little said.
“Our fiscal plan shows New Zealanders that we will make the investments required to re-build our core public services, reduce inequality and poverty and invest for the long-term benefit of New Zealand, while also responsibly managing our country’s finances,” said Labour finance spokesman Grant Robertson.
Labour had already announced $5 billion more for a families package through Working for Families – that included the Best Start programme for newborns and a Winter Energy Payment.
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Or we can have tax cuts for those that don’t need them.
The choice is ours in September.
— Grant Robertson (@grantrobertson1) July 19, 2017
Absolutely reinvigorated by Labour and the Greens this week. Clear choice at this election – tax cuts vs our communities. Tell a neighbour.
— Sam Gribben (@AotearoaSam) July 19, 2017