Category: Weekly Column
The parade welcoming home our winning Emirates Team New Zealand crew - and the America's Cup after a 14 year absence - was jubilant. Peter Burling and the rest of the sailors, cyclists, designers, boat builders and other stakeholders, did our country proud, and we congratulate them on their wonderful success.
The high levels of net migration are being driven by New Zealand’s strong economic growth. In addition, bureaucratic changes to New Zealand’s health and safety laws, forcing employers to drug test workers, are creating a growing demand for unskilled workers.
The country that gave the world Monty Pythons Flying Circus, Mr Bean, and The Goon Show, has just held a General Election. In true comic form, standing alongside the British Prime Minister Theresa May as results were read out for her Maidenhead constituency, were Lord Buckethead, Howling “Laud” Hope, and Elmo.
Budget Day has been described as an ‘exercise of democratic power’. It’s the day the Minister of Finance begins the process of seeking Parliamentary approval for the Government’s spending plans for the coming financial year – in this case, by tabling the Appropriation (2017/18 Estimates) Bill.
National has long promised tax cuts once the books return to a surplus - as a pathway to stronger economic growth and higher living standards. With the Government on track to achieve a full-year surplus of at least $1.8 billion in the Budget, the time is right for them to keep their promise.