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Word around the traps is that this week Key and English have added veteran financial reporter Rod Oram to their list of journos they won't speak to and Key has canceled his weekly chat with Wammo on Kiwi FM until after the election. This adds…
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That was going to be the title of my first post on National's tax-cut plan but then it turned out National's plan would actually make about 1 million taxpayers worse off compared to Labour's cuts (all figures derived from the Budget and National's tax policy).…
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Just a quick note at the start for our press gallery friends who live in central Wellington on high incomes. 50% of New Zealanders have an income below $27,000 and 50% of workers earn less than $37,000 a year (all of which is heaps higher…
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John Key has announced that Kiwisaver would be slashed along with National's tax cuts for the rich (and they are tax cuts for the rich, while most people would get less than under Labour's plan, under National's plan by 2011 around half a billion a…
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As predicted on The Standard, National has announced it would abolish the increases in the bottom threshold to pay for tax cuts for the rich. Here's a break down of what would happen: April 1 2009: Lift 33 cent thresold from $40K to $48K, reduce…
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National has released its tax policy. At first glance it appears the top rate will be reduced to 37% by 2011, giving the rich thousands of dollars in tax cuts. People earning $24-50k who aren't getting Working for Families will get $15 a week rebate…
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Ever wondered what would happen if the whole world could vote for the President of the United States? According to The Economist's online poll, which divvies up electoral college votes to each country based on population, it's Obama by 8,471 to 16. Only belligerent wee…
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After building a political career that has consisted of little more than calling for tax cuts and attacking those that were delivered, John Key will finally present his party's tax cut package today. Already, they have had to reduce its size but they will still…
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It was with wry amusement I read Bill Ralston's revisionist history of New Zealand superannuation today. According to Bill it was Muldoon who created an "unsupportable" super scheme as an election bribe in 1975. Of course anyone who remembers the situation (as Bill certainly should)…
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If he stands true to his principles, National justice spokesman Simon Power will soon be criticising the cost of their proposed new prison. You'll note in this story that National proposes to build a prison (for their new reactionary justice policy) at a cost of…
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Mr Key will tell you what you want to hear. That's the message that Pita Sharples has taken from his encounter with Mr Key over the future of the Maori seats: Dr Sharples told Sky TV on Sunday night Mr Key had assured him the…
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Former National advisor Richard Long has let the cat out of the bag. The day before National's much-hyped, cure-all tax cut package is to be announced, he is desperately trying to change the subject. National has nothing but tax cuts to offer, it has been their one…
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The unions want the minimum wage lifted to $15 an hour, two thirds of the average hourly rate, restoring the historic ratio. The Greens, New Zealand First, The Progressives (I think), the Maori Party* and, oddly, the Kiwi Party are also calling for $15 an hour. Will…
election 2008 greens labour maori party national nz first progressives wages workers' rights
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At the first Helensville candidates' debate last night, John Key reversed his position on state housing once again. Despite using the years he lived in a state house as "a great marketing ploy", Key called the plan to build state houses along with more up-market homes…
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This is so funny. Click on image for full zoom.
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The Pre-election Fiscal Update projects that gross debt will rise from 17.4% today to 24.3% of GDP in five years. Fortunately, we are facing these tough economic times starting from a solid position due the the Government's policy of running surpluses and paying down debt,…
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With the economic situation deteriorating the surpluses the Government has run for the first eight years have turned to a deficit. National's line now is that the Government 'suquendered' these surpluses when it could have been cutting taxes. As if when the Government runs a…
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Fearing a PR disaster over their tax-cut package announcement later this week, National has reverted to type, shedding the moderate facade and proposing a good old fashioned 'get tough' crime policy. National would abolish parole for people convicted of murder who have previously been convicted…
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I see National has released a knee-jerk reactionary crime policy this morning, and it's been reported largely uncritically by a news media that's made a fortune fostering public fear of crime at a time when crime rates are falling and resolution rates are on the…