Officials: Budget 18 racing tax breaks unjustified

BY ACT at 30 August, 2018


Government officials have slated Winston Peters’ Budget 18 tax breaks for the racing industry in advice released today by the Treasury.


Officials said: ‘Neither tax concessions nor subsidies seem justified… They would be desirable if these activities generated positive externalities (social benefits beyond the benefits captured by the direct participants). These do not apply in this case.’


“In other words, the racing industry will profit from the tax breaks without creating wider

ACT would abolish CTO job, other quangos

BY ACT at 29 August, 2018


“The furore over the imminent appointment of Derek Handley as Chief Technology Officer shows we need to abolish these costly and unnecessary positions”, says ACT Leader David Seymour.


According to the Spinoff, the technology sector has reacted reacted poorly to Mr Handley’s name being mentioned, and has questioned the value of the position.


“This is the latest in a long line of over-paid, unelected busybodies telling New Zealanders what to think, say,

Cutting waste could bring Abby Hartley home

BY ACT at 29 August, 2018


ACT Leader David Seymour suggests the Government could cut its wasteful projects and instead bring Abby Hartley home.


Ms Hartley is fighting for her life in a Bali hospital with a condition for which she has no insurance.


“The current Government has splashed the cash from day one, and complained that there isn’t enough funding for core services.


“Well, here’s an opportunity for them to show they can prioritise the important

David Seymour: Speech to Epsom Rotary Club

BY ACT at 29 August, 2018


Rating Governments Out of Ten – Speech to Epsom Rotary Club, 8pm Tuesday 28 August


Former BNZ Chairman Kerry McDonald recently gave the Clark Government a two out of ten for performance and the Key Government a zero. John Key’s predecessor Don Brash said it was a fair assessment.


Now, I’ve had a bit of experience getting scored out of ten recently, so I thought I’d share some of my expertise.


Business Advisory Council is just “suitwashing”

BY ACT at 28 August, 2018


“The Prime Minister’s creation of a Business Advisory Council creates a showdown between her Government’s stated agenda and the views of the business community”, says ACT Leader David Seymour.


“Either the Government must listen to the private sector and back down on its damaging policy agenda, or they are simply using this advisory group as a PR exercise.


“The Prime Minister said just this morning that if we want to know her