Media watch – Monday

4 September 2017

MediaWatch

Media Watch is a focus on New Zealand media, blogs and social media. You can post any items of interested related to media.

A primary aim here is to hold media to account in the political arena. A credible and questioning media is an essential part of a healthy democracy.

A general guideline – post opinion on or excerpts from and links to blog posts or comments of interest, whether they are praise, criticism, pointing out issues or sharing useful information.

 

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13 Comments

  1. PDB

     /  September 4, 2017

    National say Labour have stuffed up their financial projections to the tune of 11.7 billion………

    Stuff: “The five errors Joyce and his team are highlighting are:
    – failing to roll out their operating allowances for each year into subsequent years ($9.4 billion).
    – failing to allow for any increase in paid parental leave in their Family Incomes package despite saying they have included it ($567 million)
    – counting additional BEPs multinational tax revenue when Treasury has already counted in in the PREFU update ($902 million)
    – only including costs of their Family Package from 1 July 2018 when they said it would begin on 1 April 2018 ($289 million)
    – further finance costs associated with extra borrowing ($580 million)”

    Joyce says the financial errors mean Labour will “break their fiscal responsibility rules as net debt would not fall below 23.5 per cent of GDP by the end of the forecast period, in fact it would be higher than it is now, and get nowhere near their own plan to reduce debt to 20 per cent of GDP by 2022.”

    “Labour needs to withdraw its fiscal plan and re-work its proposals,” says Joyce.

    They’ve either made a huge mistake or have no plans for expenditure outside of what they’ve announced for the next two budgets, he says.

  2. The latest is Labour being caught out altering their website and claiming their policy start date was always there, and claiming “operating allowance” means something totally different to what everyone else, including Treasury and RB know it means. Newspeak has arrived

  3. duperez

     /  September 4, 2017

    Wow, all these numbers in the news today:

    “Migrant figures underestimated by 60,000, Statistics NZ says”

    http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11916799

    http://www.labour.org.nz/fiscalplan-berl