Green response to PREFU

A media release from Green leader James Shaw after the release of the PREFU:


Bigger surplus means we can end poverty, clean up our rivers, and tackle climate change

A bigger surplus will allow a new government to manage the economy responsibly while making the changes people know are needed, like lifting kids out of poverty, cleaning up our rivers, solving the housing crisis, and tackling climate change, the Green Party said today.

The Pre-Election Fiscal Update (PREFU) released today shows stronger growth in the short term, resulting in a higher than forecast surplus for the government this year by $2.1 billion. However, forecast productivity growth remains weak and will undermine our longer term economic prospects, resulting in lower long-term growth.

“It’s clear now after the opening of the books that there is more money available in the short term, and we’ll be taking a good look at the best way to invest that in our priorities of ending poverty, cleaning up our rivers, and tackling climate change,” said Green Party Co-leader James Shaw.

“We can manage the economy responsibly and use the bigger surplus to improve the lives of New Zealanders by building more homes, lifting incomes, and providing free public transport for young people.

“Further tax cuts from National, before they’ve even restarted payments to the New Zealand Superannuation Fund, would smack of desperation and highlight how they’re more interested in staying in power rather than managing the economy for the long term.

“We will deliver modest tax cuts for everyone earning less than $150,000, as part of our family incomes package, lifting hundreds of thousands of kids out of poverty, and making everyone who earns less than $150,000 better off than they are now.

“Free buses and trains, including school buses for kids and teenagers, will make a much bigger difference to family budgets than another tax cut.

“Free public transport would save some families hundreds of dollars a week while addressing high levels of congestion on our roads.

“After nine years, National have gone stale and are unwilling to make the changes people know are needed, like lifting kids out of poverty, cleaning up our rivers, building more homes, and tackling climate change.

“No child should go to school hungry, especially when times are good. We’re going to fix that,” said Mr Shaw.

3 Comments

  1. A projected one-off $2 billion bump in revenue is enough to end poverty, clean up all the rivers and sort out climate change?

    All Shaw seems to have done here is use the PREFU as an opportunity to repeat Green election slogans.

  2. David

     /  August 24, 2017

    You would have thought after the Me Tu disaster the guy would have just talked about the environment and nothing else. Child poverty and fixing housing is probably not the best place to go in the circumstances given their former leaders personal approach to those issues.

  3. robertguyton

     /  August 24, 2017

    Of course James Shaw is correct. The surplus should, had the decision makers strong ethics, be used to alleviate the serious ill we are suffering here in New Zealand. @ billion, invested wisely, will be enough to make serious progress. Pumping/pimping it into roads? Disgraceful. As for “talking about the environment and nothing else” – pfffft you wish – it was never the Greens kaupapa to do so, it’s merely a wish from the Right, who want to shut down talk about poverty and other social ills. The Greens won’t be shut up.