$18.5 Billion Surplus to New Taxes on Day One

BY David Seymour at 26 October, 2017

Aucklanders will be wondering why they’re facing a new tax today when Treasury forecast a four-year surplus of $18.5 billion in its Pre Election Fiscal Update.

“We’ve faced a generation of over taxation and underinvestment in Auckland, now we find we’re last in line for new infrastructure and first in line for new taxes,” says ACT Leader and Epsom MP David Seymour.

“What better guide to a new Government than what it announces on

Bauble-scramble begins three years of Big Government

BY David Seymour at 25 October, 2017

“It’s Big Government from day one as Jacinda Ardern increases the number of plum executive positions from 28 to 31,” says ACT Leader David Seymour.

“ACT has already proposed cutting the number of ministers down to 20. That would save money, reduce bureaucracy, and prevent buck-passing.

“Instead, the new Prime Minister, desperate to keep her colleagues happy, has doled out baubles left right and centre.

“This includes new window dressing like Jacinda’s own ‘Child

Paranoid Peters braces for waka jumpers

BY David Seymour at 24 October, 2017

An unexpected crackdown on ‘waka jumping’ suggests the new Government is bracing for instability, says ACT Leader David Seymour

“The incoming Government has quietly announced a bill to ban waka jumping in Parliament. This was never forecasted to voters, and for good reason. It suggests the new Government expects instability and defections. Today’s ceremonious unity will not last.

“Winston Peters is particularly paranoid because it’s his last parliamentary term. He’s been burnt by waka jumpers

New Zealand now threatened by madman on the loose

BY David Seymour at 19 October, 2017

“With no hints on policy, and vague attacks on ‘capitalism’, New Zealanders now face a weak left-wing coalition beholden to a madman on the loose,” says ACT Leader David Seymour.

“Winston Peters’ perverse marriage with Labour and the Greens threatens countless groups: taxpayers, Auckland infrastructure users, millennials, immigrants and the businesses relying on them, and more.

“If this coalition governs as it campaigned, then New Zealanders face a big-spending, tax-everything-that-moves, 1970s-protectionist, red-tape-loving Government.

“ACT’s role

11 per cent mortgage rates again?

BY David Seymour at 12 October, 2017

New Zealanders may pay a much higher price than they imagined if the last two times New Zealand First held the balance of power are any indication.

“The last two times that Winston Peters held the balance of power, mortgage rates hit eleven per cent and the country went into recession. It wasn’t a coincidence,” says ACT Leader David Seymour.

“The mechanism by which Mr Peters pushes up mortgage rates is unhinged Government spending demands.