Quick Hit: Now Is Not The Time
National’s fiscal plan offers no income tax cuts until the books are in surplus in 2028/29, only a “pathway to potential tax relief”. Nicola Willis still called National “the party of low tax”.
Nicola Willis
Winston Brought the Majority
NZ First is up to 12 per cent and 16 seats and that is what puts the coalition on 65. National’s party vote still buys no list MP. Electorate vote National, party vote ACT or NZ First.
Reality Wants Its Money Back
David Seymour has called the government’s path to surplus “heroic”, four days before National shows its fiscal plan. When the junior partner says that about your books, believe him.
Quick Hit: Back to the Dual Mandate
Barbara Edmonds wants unemployment back in the Reserve Bank’s mandate. Labour added it in 2018 and the coalition took it out. Last time, cheap money came with an inflation bill.
Quick Hit: Pharmac Said No in May
National wants $604m more for medicines, paid for mostly by a 10 per cent aid cut with the Pacific protected. In May its own budget turned down Pharmac’s request of about $800m and gave it $54m.
If the Plan Matches National’s, the Bill Is What Labour Is Hiding
Labour kept Willis’s $2.4b allowance, hit surplus in the same year, costed one pay equity claim, and parked the rest in $10.5b of “headroom”. Luxon v Hipkins is Tuesday. Ask who signed the IOU.
Quick Hit: The Number Chippy Won’t Name
Greens put about $1.1 billion a year, roughly $4.48 billion over four years, on care-worker pay equity. Hipkins called the 2025 change the most reprehensible thing he has seen and still will not cost the reverse. Moral fury without a price tag is not a budget.
Quick Hit: Family Farm Means the Invoice
Luxton could not define family farm on HDPA, then walked dairy accommodation into a proportionate CGT. National claims an $18.8b hole. Sold a farm exemption, taxed the cowshed.
Quick Hit: We Have Room
Day after PREFU, Hipkins tells Hosking there is room for pay equity in Labour's fiscal plan but will not put a line item on it. The costing is a vibe. The spend is a promise.
Quick Hit: Willis’s Better Books Came Partly Out of Your Trolley
Treasury has the deficit at $6.8 billion and next year within $0.8 billion of surplus. It says that is partly inflation lifting the tax take while spending allowances stay fixed, which is how Willis got there with no new taxes.
Grant says National is sacrificing property rights to give shoppers a villain
Damien Grant argues National’s proposed supermarket break-up scapegoats grocery retailers for high food prices while abandoning the property rights and entrepreneurial principles Nicola Willis once championed.
Is Nicola Willis Desperate? Maurice Williamson & Jordan Williams on National's Supermarket Policy
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Nicola Willis vs Grant Robertson: Who is Actually Piling on More NZ Debt?
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Taxpayers’ Union Drops Bomb: Ardern’s 2019 Wellbeing Budget Would Deliver 13.5 Billion Surplus Today
This budget is the test. Will Nicola Willis pass it, or will she keep pretending the spending party never happened? Kiwis are watching.
Nicola Willis rejects Chlöe Swarbrick claim of failed climate policies and a $1.4b hole
Finance Minister Nicola Willis has rejected Chlöe Swarbrick’s claim that “failed climate policies” created a...
Willis apology accepted after Edmonds ‘duck-faced horse’ comment
The Willis apology story shifted in Wellington this week as Nicola Willis accepted an Edmonds...