Battle for economic credibility ahead of Budget

Keep up with
Newstalk ZB

Thu, 23 May 2013, 12:53

Newstalk ZB

Have Your Say

Talkback 0800 80 10 80

Overseas +64 9 307 1080

Text 9292

Email Us

Site Search

Select your region:

By: Felix Marwick | Latest Political News | Wednesday May 2 2012 18:50

The battle for economic credibility is heating up just three weeks out from the Government's Budget.

Labour MP David Parker is using IMF data showing only Greece and Cyprus have a worse current account deficit than New Zealand to attack the Government's position.

"How can the Prime Minister be taken seriously in his pre-budget speech yesterday titled 'sticking to a plan that's working'?"

However Finance Minister Bill English is hammering Labour for promises it made in 1999 to cut the deficit.

"The Labour party at the time campaigned to halve the current account deficit and they ended up doubling it."

Photo: stock.xchng

Related Subjects

Latest Political News

Open cast mining on Denniston Plateau
An open cast mining project on the West Coast's Dennist ...
Rise in Kiwis who can't pay power bills
Labour is worried too many people are having their powe ...
Tough race for Ikaroa-Rawhiti seat
It's set to be a tough race to become Labour's candidat ...
No word on boat people threat
First it was the Prime Minister, now the Immigration Mi ...
Meat will be in Chinese mouths 'soon'
There is optimism from the Primary Industries Minister ...
Controversial Colin Craig tweet came from hacker
The Twitter account of Conservative Party leader Colin ...
Mana candidate is Parekura's nephew
A nephew of the late Parekura Horomia is seeking to rep ...
GCSB conflict of interest for Inspector General
Conflict of interest charges are being levelled at the ...
Mana Party candidate for Ikaroa-Rawhiti
The Mana Party has named its candidate for the Ikaroa R ...