National’s amorphous tax cut plan

The Yeah-Nah Tax Cut announcement
John saying yeah
Bill saying nah

jononatusch's avatarOccasionally Erudite Publications

Tax cuts – they’re coming, in April 2017, should National be re-elected. Maybe. Depending on whether economic and fiscal conditions allow.

But what form will these tax cuts take? That’s a good question, to which no one is any the wiser. By April 2017, National projects that they’ll have accrued a pool of $1.5 billion, of which apparently $1 billion will be set aside for tax cuts, while the remaining $500 million will go towards debt reduction. Tax cuts will be targeted to lower and middle income earners, but how National intends to structure the cuts is a mystery.

And what will these lower and middle income earners receive in their back pockets? Well, here things get really strange. Last week, John Key was pulling numbers from thin aid, pondering anything from $10, $20, $30… Then over the weekend on TheNation, Bill English was denying that any numbers had been…

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Can the Conservatives make 5%?

An interesting thought and paradigm for the Conservatives.
My inclination says they won’t make it and their vote might tip as high as 4.8%. In our MMP system without an electorate seat that means no Conservatives in the next Parliament and 4.8% of the vote wasted that might have gone to National or split even to NZ First.
If the Conservatives do make it in I wonder if they would be a stabiliser or destabiliser to a Centre Right Government. Or should we allow the Conservatives over the 5% and test them on the Cross Benches…..
Hmmmmm

jononatusch's avatarOccasionally Erudite Publications

Back when John Key confirmed there would be no East Coast Bays deal for Colin Craig, I happily wrote off the Conservative Party. With no hope of winning an electorate seat, they had no choice but to make 5% of the vote, which was one hell of a long shot.

However, if I cast my eye around the internet, I’ve apparently been far too early to write them off. In the NZ Herald this morning, there’s John Roughan talking up the Conservatives in his opinion piece “Craig’s day in the sun may dawn“. The latest Herald Digipoll says National voters would prefer a coalition with the Conservatives, rather than NZ First. And over at the Dim-Post, Danyl McLauchlan publishes his bias-adjusted tracking poll and predicts “The Conservatives will probably cross the 5% threshold.”

Personally, I stand by my prediction that the Conservatives won’t make it. One poll…

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ACT goes for broke

And hopefully that is the last we will see from a Party that talks with its left hand but does not do with its right hand

jononatusch's avatarOccasionally Erudite Publications

ACT’s campaign launch occurred yesterday. It’s slightly odd that the party would launch their campaign after people have already started voting, but there you go. Keeping their powder dry and all that…

Party leader Jamie Whyte’s keynote speech to the ACT faithful was everything his party would have hoped for – a mixture of hard-hitting attacks on just about every party around (I think the only party he didn’t bother to attack was United Future, which is a good measure of Peter Dunne’s continued irrelevance) and the release of some old-fashioned back-to-ACT’s-roots policy.

Policy-wise, ACT would abolish the Overseas Investment Office:

It has no proper job to do. When foreigners invest in New Zealand, we benefit. There is no injury for the OIO to protect us from.

Likewise, the Resource Management Act would go to:

The problem is not with the administration of the RMA. The problem is with the very…

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Interview on City Finances: Done

Will let you know when it airs

 

I did an interview alongside Rod Oram this morning for the All About Auckland show which airs on Monday evenings on Sky (although soon Freeview). The topic was City Finances in light of the Mayor handing down his presentation of the Draft 2015-2025 Long Term Plan and some realities the City needs to face in this discussion.

I have previously been on the All About Auckland Show talking transport and South Auckland (The Southern Initiative).

I will let you know when the interview is up.