Watch Government debt tick up in real time Following the Budget’s eye-wateringly high debt forecast, the team have been thinking about how to best illustrate what it looks like to borrow $200.8 billion by 2024 (or $109,700 added to the mortgage of every New Zealand household). A couple of the staff put together...
We're giving taxpayers the opportunity to get to know their MPs beyond photo-ops and party-line speeches. In this episode, Islay Aitchison interviews Simon O'Connor MP. You can subscribe to Taxpayer Talk via Apple Podcasts, Spotify, Google Podcasts and all good podcast apps. Support the show (http://www.taxpayers.org.nz/donate)
The Taxpayers' Union's Consulting Economist Joe Ascroft, and former Treasury (now Taxpayers' Union) Analyst Neil Miller, sits down with Jordan Williams to discuss Budget 2020, the economic and political risks, and what it says about the Government's election strategy. You can subscribe to Taxpayer Talk via Apple Podcasts, Spotify, Google Podcasts, iHeartRadio and...
The Minister of Finance Grant Robertson describes Budget 2020 as a “once in a generation” budget to combat “a 1-in-100-year threat” of the global COVID-19 pandemic. It certainly contains high level of additional spending, headlined by the $50 billion COVID-19 Response and Recovery Fund (of which only about $20 billion...
Skyrocketing debt Unsurprisingly, the Government’s Budget Responsibility Rules (which capped Government spending and debt in coming years) are dead. Net debt is forecast to climb from $57.7 billion ($31,500 per household or 19% of GDP) to $200.8 billion ($109,700 per household or 53.6% of GDP) by 2024. Deficits are expected...
As I write this, Grant Robertson is unveiling Budget 2020 in Parliament. Two members of our team have just emerged from the pre-Budget briefing. Below, our Consulting Economist Joe Ascroft summarises the contents of the Budget and what it will mean for you, the taxpayer. We've also had Neil Miller...
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The Government have proposed to take billions of dollars' worth of drinking water, waste water, and storm water assets off the hands of local councils and put them under the control of four new unelected, co-governed entities. These reforms must be scrapped.
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The Taxpayers' Union stands for value for money for government spending. We want our politicians spending money as if they'd worked as hard the taxpayers who earned it and argue that new taxes should only be introduced when there are equal decreases in other taxes. We believe in a fair and efficient tax system. We are not a political party, nor are we aligned to any.
We promote sensible restraint of government expenditure by:
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Often the best information comes from those inside the public service or local government. We guarantee your anonymity and your privacy.
