Dear John 



Budget Blowout



Despite warnings from the Reserve Bank that a multi-billion dollar spend will fuel inflation, Grant Robertson has included it in Labour's so-called Bread-and-Butter Budget anyway. While things like free prescriptions and bus rides might appear to soften the blow of the cost-of-living crisis, higher interest rates over a longer period, and continued inflation, will counter any gains made.



New Zealand's budget is no different to your own household budget. Labour's recipe for spending, then borrowing more to spend more, and asking New Zealanders to pay for that long into the future through tax, is a recipe for disaster.



What New Zealand needs is a plan to fix the economy and to address the underlying drivers of inflation.



New Zealanders deserve tax relief. They should be able to decide how to spend the money they have earned, not have it wasted on government schemes which fail to deliver.



Come and join me for coffee, a muffin, and a chat about yesterday's Budget announcement at a Post-Budget Business Breakfast next week.



I'll give an economic update and I'm interested to hear your thoughts on the budget. The dates, times and venues of the breakfasts are listed below. 



Taupō



Taupō Post-Budget Business Breakfast, co-hosted by Amplify



Thursday 25 May from 7:30am-9am



Taupo Cosmopolitan Club, 5 Taniwha Street, Taupō







Please RSVP to:



[email protected] 



(07) 376 5563



South Waikato



South Waikato Post-Budget Business Breakfast



Friday 26 May from 7:30am-9am



South Waikato Sports and Events Centre, 25 Mossop Road, Tokoroa







Please RSVP to:



[email protected] 



(07) 886 5554



I look forward to seeing you there. 



Kind regards



Hon Louise Upston

[link removed]







-=-=-

National Party Taupo - New Zealand

This email was sent to [email protected]. To stop receiving emails: [link removed]

-=-=-



Created with NationBuilder - [link removed]