NZ fails on the basics of early childhood care

No worries our new government will sort that out. Oh oops, they are giving the tax cuts to the rich and not the poor! How’s that change going for ya? New Zealand has an appalling child poverty rate, spends too little on early childhood services for which there is unequal access, and lags far behind […]

Govt passes tax and KiwiSaver legislation

How’s that “change” going for ya? The National-led Government has passed its first major legislation – enshrining tax cuts and KiwiSaver changes into law. The Taxation (Urgent Measures and Annual Rates) Bill passed its third reading this morning by 68 votes to 52. ACT, United Future and the Maori Party voted for the bill along […]

Cullen attacks Nats’ tax cuts plan

Finance Minister Michael Cullen says National would drive New Zealand into debt to pay for tax cuts. He told the Tax Agents Institute annual conference in Napier today National’s leader, John Key, did not have “real ambition” for the economy. “He does not pretend he wants to borrow more to pay for more services, and […]

Report Says That the Rich Are Getting Richer Faster, Much Faster

Something to look forward to if John Key gets elected perhaps? The increase in incomes of the top 1 percent of Americans from 2003 to 2005 exceeded the total income of the poorest 20 percent of Americans, data in a new report by the Congressional Budget Office shows. The poorest fifth of households had total […]