Tag: Budget

Questions & Answers – May 25

Press Release – Office of the Clerk Rt Hon WINSTON PETERS (LeaderNZ First): This question is to the Prime Minister and asks: does he stand by all his statementssorry: does he still stand by[ Interruption ] Well, it is obviousstill being the operative word.Prime Minister—Statements Rt Hon WINSTON PETERS (Leader—NZ First): This question is to the Prime Minister and asks: does he stand by all his statements—sorry: does he still stand by—[Interruption] Well, it is obvious—“still” being the operative word. Mr SPEAKER: Order! 1. Rt Hon WINSTON PETERS (Leader—NZ First) to the Prime Minister: Does he still stand by all his statements; if so, why? Rt Hon JOHN KEY (Prime Minister): Yes, because I find them more accurate and more coherent than the member’s questions. [Interruption] Mr SPEAKER: Order! We will just have the supplementary question. Rt Hon Winston Peters: Which of the following statements does he stand by: “Slowly rising house prices in Auckland are not good.”, “The Auckland housing market has been rising a little faster than the Government would want.”, “We take responsibility. We need to do a better job of it.”, or my favourite “There is not a housing crisis.”? Rt Hon JOHN KEY: All of them, in the context that they were made. [Interruption] Mr SPEAKER: Order! No, we will have the supplementary question in line with the Standing Orders. Rt Hon Winston Peters:...

Read More

Budget 2016 – Scoop Full Coverage

Article – The Scoop Team Scoop will be updating this page with Budget announcements, reaction and analysis once the Budget is released at 2pm. Hit reload to see the latest version. Budget 2016 – Scoop Full Coverage Parliament Live – LIVE Video Of Budget 2016 from 2pm The 2016 New Zealand Budget will be delivered on Thursday 25 May. Scoop will be updating this page with Budget announcements, reaction and analysis once the Budget is released at 2pm. Hit reload to see the latest version. <!– CLICK TO JUMP TO SCOOP BUDGET COMMENTARY AND REPORTS CLICK TO JUMP TO THE BUDGET PRESS RELEASES CLICK TO JUMP TO BUDGET REACTION CLICK TO JUMP TO BUDGET PREVIEWS For the latest headlines and reaction see.. PARLIAMENT WIRE…, POLITICS WIRE…, BUSINESS WIRE…, EDUCATION WIRE…, HEALTH WIRE… –> RELATED LINKS: For the full text (when released) of the budget see… TREASURY BUDGET 2016 WEBSITE See also the BEEHIVE BUDGET PAGE For previous budgets see… BUDGET 2015 – BUDGET 2014 – BUDGET 2013 – BUDGET 2012 – BUDGET 2011 – BUDGET 2010 – BUDGET 2009 – BUDGET 2008 – BUDGET 2007 – BUDGET 2007 – BUDGET 2006 – BUDGET 2005 – BUDGET 2004 – BUDGET 2003 – BUDGET 2002 – BUDGET 2001 & BUDGET 2000 BUDGET 2016 PREVIEWS & REACTION Parliament Today – Ministers Turn Focus to Budget 2016 Parliament Today – Questions & Answers...

Read More

Pre-Budget Speech to Business New Zealand event

Speech – New Zealand Government Budget 2016 Pre-Budget Speech to Business New Zealand event Wellington Wednesday, 13 April 2016 Its good to be back here for my annual pre-Budget speech and I want to thank Business New Zealand for hosting me once again. This years Budget will …Budget 2016 Pre-Budget Speech to Business New Zealand event Wellington Wednesday, 13 April 2016 It’s good to be back here for my annual pre-Budget speech and I want to thank Business New Zealand for hosting me once again. This year’s Budget will be delivered against a backdrop of a growing economy, supported by strong levels of tourism and migration, a large pipeline of construction projects and low interest rates. Notwithstanding challenges in the dairy industry, most New Zealand forecasters are predicting growth of around 3 per cent on average over the next few years. That’s a good position for the country to be in. In fact, over the last five years New Zealand has had one of the fastest growth rates in the OECD. However, nothing is guaranteed. There are always risks, and at the moment these revolve around issues like the ability of China to smoothly negotiate its economic challenges. On the other hand, the economy could do better than forecast. That’s why the Government takes a medium-term approach to fiscal policy, looking through ups and downs and focusing on the...

Read More

James Shaw’s Commencement Debate Speech

Speech – Green Party Ki a koutou ku hoa Premata, huri noa i te Whare, ng mihi o te tau hou ki a koutou katoa.Commencement Debate Speech James Shaw – 9th February 2016 E te Māngai o te Whare, tēnā koe. (Mr Speaker, greetings to you.) Ki a koutou ōku hoa Pāremata, huri noa i te Whare, ngā mihi o te tau hou ki a koutou katoa. (To all of you my Parliamentary friends, across the House, happy New Year.) Mr Speaker. Today, I want to talk about leadership and I want to start by talking about a subject that many National MPs will become very familiar with next year. I want to talk about retirement. Superannuation One of the big challenges the Government has promised they’re not going to fix is superannuation. Most of the people in this room know the numbers. In the next few decades our population will age and retire. Our tax revenues will go down because there will be fewer people working. Our healthcare costs will go up. And our superannuation commitments will double to $25 billion a year by 2028. We know that the Prime Minister is very relaxed about all of this. Nowadays he’s so relaxed I wonder if he’s got a special dispensation from the Associate Health Minister. Former Finance Minister Michael Cullen was not so relaxed. That’s why he set...

Read More

Gordon Campbell on Treasury’s plans for Kiwirail

Column – Gordon Campbell Is there any more terrifying phrase in the English language than Treasury recommends? The latest idiotic idea to emerge from the Treasury lets close down Kiwirail deserves to be filed away alongside previous gems such as Treasury push for … Gordon Campbell on Treasury’s plans for Kiwirail Is there any more terrifying phrase in the English language than “Treasury recommends”? The latest idiotic idea to emerge from the Treasury – lets close down Kiwirail – deserves to be filed away alongside previous gems such as “Treasury push for bigger class sizes” and “Kiwisaver providing poor value for money, Treasury says” and “Treasury recommends big tax cuts for top tax bracket”. What is it in the water supply at No 1 The Terrace that makes it such a reliable source of Looney Tunes right wing extremism? It’s been that way for well over 30 years, ever since its advice stream began to be captured by the minions of the Chicago School in the late 1970s, early 1980s. Its plan to close down Kiwirail was contained in the pre-Budget advice it offered to Finance Minister Bill English, who rejected its most extreme formulation – close down the rail network and launch a year long public relations ‘consultation’ to soften up the public for the pre-ordained decision – while still accepting the thrust of the Treasury argument :...

Read More
  • 1
  • 2