Dear John --
Today, Grant Robertson
delivered his 5th Budget, and it confirms New Zealand is
going backwards under Labour faster than ever.
More and
more Kiwis are falling behind each week, squeezed by growing costs,
and a Government that refuses to offer them meaningful income tax
relief while ramming through the biggest spend-up in New Zealand's
history.
Click here to watch my Budget 2022
Speech
With inflation at a 30-year-high of 6.9 per cent and prices running
laps around wages, Kiwis are experiencing the worst cost of living
crisis in a generation. The forecasts today show inflation is expected
to be rampant for years to come.
Labour’s cost of living
package is a temporary band aid. The squeezed middle are paying the
price for Labour’s economic mismanagement and if you are on the
average wage or higher, you get nothing under Labour. Under National’s
tax plan, someone on the average wage would be better off by $860
every year.
Labour’s spending addiction also means the
books are going backward.
Not content with a $6
billion spending spree, they’ve raided future budgets – spending $2
billion from Budget 2023 and $0.4 billion from Budget 2024. And that’s
before you count climate spending and the cost-of-living bandaid –
which are on top - taking the total spend-up to more than $9 billion
per year of government spending.
And despite
smashing the record for government spending, outcomes are going
backwards. They’ve added more than 10,000 bureaucrats to the public
service, yet outcomes are getting worse.
Under
Labour:
- wait times for surgery and specialist assessments have blown
out
- literacy and numeracy achievement rates have hit alarming
lows
- and violent crime and gang numbers have exploded
New Zealand is going backwards, fast. We simply cannot afford this
Labour Government.
A National Government I lead will deliver
for the squeezed middle, and provide meaningful, long-term relief from
the crippling cost of living crisis.
Regards
Christopher
Christopher Luxon Leader
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