Free Press - 20/02/2017

Bumper Conference
ACT is on the march and looking forward to our election year conference this Saturday at Orakei Bay. If you have been putting it off, it is not too late to register here. Not only will you be showing your support for ACT’s revival, but the program is filled with excellent speakers, entertainment, and don’t forget food.

National makes promises, ACT will make them happen

ACT will push the Government hard to follow through on tax cuts and road pricing, says party leader David Seymour.

“Steven Joyce made all the right noises on tax cuts and demand-based road pricing in his speech today. This comes after constant pressure from ACT to adopt these ideas.

“Unfortunately, National has a depressing record of campaigning from the right and governing from the left. They talk about respecting taxpayers and then introduce new taxes. They talk about cutting red tape but then introduce new flawed regulations.

Bill English must heed Treasury’s warning

The Prime Minister must respond to the superannuation warning set to be delivered by Treasury today, says ACT Leader David Seymour.

Top-ranking Treasury officials will present the latest Long-term Fiscal Outlook to select committee at 11:15am today.

Labour can’t attack National on housing

Labour’s record on housing is even worse than National’s, says ACT Leader David Seymour.

“Labour are right to point out the extent of our housing shortage. But their policy of making the government build houses won’t address the causes of the shortage. Instead, the government will face the same barriers that private developers do: a wall of red tape in building and a lack of residential-zoned land.

Seymour offers to stand in for PM in housing debate

ACT Leader David Seymour has offered to take up Andrew Little’s challenge of a housing debate in Mount Albert.

“I’m happy to do the Prime Minister a favour and take his place in a housing debate against Andrew Little,” says Mr Seymour.

“Hopefully, the Prime Minister declined the challenge simply because he’s busy. But if the real issue is a lack of ideas from the Government, I’m happy to help out.

Major flaw in debt-to-income limits flagged

The Finance Minister has admitted that the Government doesn’t know how proposed Debt-to-Income (DTI) limits would measure debt held overseas.

“Capping the funds so you can borrow to a ratio of your income would give a systematic advantage to those who can borrow offshore either personally or through family, because the New Zealand Government cannot possibly monitor financial transactions worldwide,” says ACT Leader David Seymour.

National leaves ACT alone in tax cut commitment

It’s hard to imagine the Government ever cutting taxes if it won’t do so now, says ACT Leader David Seymour following the Finance Minister’s select committee appearance today.

“Despite unexpectedly high surpluses, the Government still says it will only cut taxes ‘if fiscal conditions allow’.

ACT responds to Prime Minister’s statement

ACT Leader David Seymour has responded to the Prime Minister’s statement tabled in the House today, laying out ACT’s approach to the 2017 election.

“MMP is about coalitions. This election, voters will decide what coalition of parties lead the nation.

ACT congratulates Graeme Wheeler on his tenure

ACT has congratulated Graeme Wheeler on his tenure as Reserve Bank Governor.

“During his tenure Mr Wheeler has dealt with unprecedented challenges,” says ACT Leader Seymour.

“Globally, the decoupling of the usual connection between global money supply and inflation has challenged all central bankers.

“Domestically, a over-regulated housing market has put extreme pressure on the bank, leaving the Governor with few options.

PM open to ACT’s ‘Waitangi Tour’ suggestion

The Prime Minister says ACT’s proposal to attend a different Waitangi ceremony each year is worth investigating, a development welcomed by ACT Leader David Seymour.