GST rise will increase food, petrol, rego, land/water rates, insurances (who can still afford it) dr's, power, phone etc everything will also rise with businesses saying they have to increase prices due to higher cost to produce products etc. A small increase to super and benefits will not cover these cost . Wealthy bussiness people will get a big tax cut and increase cost to the public. Aus GST is 10% petrol/ LPG so cheaper. Higher wages. Increasing our GST will only widen the gap even more.
Great to get this clear statment of intentions. A question: I am concerned that the Govt doesn't seem to be factor in the risk threat of extreme price volatility/price rises for oil. The consensus now seems to be that global oil production has already peaked. What happens if we spend $10.7 billion on roads that no one will be able to afford to drive on. Shouldn't we have a back-up strategy for energy efficient public and commercial transport?
You have never waivered from your commitment of delivering NZ with a Brighter Future - whilst some of the decisions will be harder on some than others, you have always remained focused on ensuring that the NZ Economy is and will continue to be strong - thank you !
National stop increasing the debt: 178% GDP 2015
adam60883 1 year ago
GST rise will increase food, petrol, rego, land/water rates, insurances (who can still afford it) dr's, power, phone etc everything will also rise with businesses saying they have to increase prices due to higher cost to produce products etc. A small increase to super and benefits will not cover these cost . Wealthy bussiness people will get a big tax cut and increase cost to the public. Aus GST is 10% petrol/ LPG so cheaper. Higher wages. Increasing our GST will only widen the gap even more.
katmell 2 years ago
That was a lot easier to understand than the speech in Parliament.
Muzzamie 2 years ago
Great to get this clear statment of intentions. A question: I am concerned that the Govt doesn't seem to be factor in the risk threat of extreme price volatility/price rises for oil. The consensus now seems to be that global oil production has already peaked. What happens if we spend $10.7 billion on roads that no one will be able to afford to drive on. Shouldn't we have a back-up strategy for energy efficient public and commercial transport?
nzchook 2 years ago
You have never waivered from your commitment of delivering NZ with a Brighter Future - whilst some of the decisions will be harder on some than others, you have always remained focused on ensuring that the NZ Economy is and will continue to be strong - thank you !
brtn13 2 years ago