America’s Cup: great theatre, poor deal

BY ACT at 27 March, 2018


 

“The America’s Cup is a fantastic event, but David Parker and Phil Goff have negotiated an incompetent deal on behalf of New Zealanders”, says ACT Leader David Seymour.

 

“Clearly feeling the pressure, Parker and Goff will stump up at least $212.5 million of taxpayer and ratepayer money, including a $40 million ‘hosting fee’.

 

“Economists have put the cost-benefit ratio of the event at between 0.997 and 1.14. That means the most optimistic scenario has the country only just


Printing money doesn’t create jobs

BY ACT at 26 March, 2018


 

“Directing the Reserve Bank to focus on employment ignores the basic fact that printing money doesn’t create jobs”, says ACT Leader David Seymour. 

 

“Monetary policy doesn’t affect employment in the long-term. 

 

“Jobs are created when we have a world-class education system, a flexible labour market, and a sound welfare system, none of which is related to monetary policy. 

 

“If central banks were able to increase employment by printing money, Zimbabwe would be a


New Zealanders deserve honest appraisal of Government housing failure

BY ACT at 25 March, 2018


 

“New Zealanders deserve better than Phil Twyford’s ideological comments this morning on Q+A about a ‘market failure’ in housing”, says ACT Leader David Seymour.

 

“The Government’s own officials have said that, in Auckland, land use regulation could be responsible for up to 56 per cent, or $530,000, of the cost of an average home.

 

“ACT has revealed from Written Parliamentary Questions that Cabinet hasn’t even decided whether to consider reviewing the Resource Management


National Party infighting costs households $1200

BY ACT at 23 March, 2018


 

“Comments by former Health Minister Jonathan Coleman show that National cannot be trusted to cut taxes when it returns to Government”, says ACT Leader David Seymour.

 

“Mr Coleman made clear there are many National MPs who support even greater government spending instead of returning money to those who earned it.

 

“Last year’s PREFU showed the National Government had boosted its bank balance by overtaxing New Zealanders to the tune of $2.1 billion,


Greenpeace ban would be lose-lose

BY ACT at 19 March, 2018


 

“A ban on oil and gas exploration as proposed by Greenpeace would put 11,000 jobs at risk and could harm the environment”, says ACT Leader David Seymour.

 

The oil and gas industry creates thousands of jobs, contributes $2.5 billion to the New Zealand economy and $500 million to the Government in royalties each year.

 

“Not only would a ban on exploration make us poorer as a country, it would drive production of