Friday, 19 August 2022
Meet the JournalistsPremiumAucklandWellingtonCanterbury/South Island
CrimePoliticsHealthEducationEnvironment and ClimateNZ Herald FocusData journalismKāhu, Māori ContentPropertyWeather
Small BusinessOpinionPersonal FinanceEconomyBusiness TravelCapital Markets
Politics
Premium SportRugbyCricketRacingNetballBoxingLeagueFootballSuper RugbyAthleticsBasketballMotorsportTennisCyclingGolfAmerican SportsHockeyUFC
NZH Local FocusThe Northern AdvocateThe Northland AgeThe AucklanderWaikato HeraldBay of Plenty TimesHawke's Bay TodayRotorua Daily PostWhanganui ChronicleStratford PressManawatu GuardianKapiti NewsHorowhenua ChronicleTe Awamutu Courier
Covid-19
Te Rito
Te Rito
OneRoof PropertyCommercial Property
Open JusticeVideoPodcastsTechnologyWorldOpinion
SpyTVMoviesBooksMusicCultureSideswipeCompetitions
Fashion & BeautyFood & DrinkRoyalsRelationshipsWellbeingPets & AnimalsVivaCanvasEat WellCompetitionsRestaurants & Menus
New Zealand TravelAustralia TravelInternational Travel
Our Green FutureRuralOneRoof Property
Career AdviceCorporate News
Driven MotoringPhotos
SudokuCodecrackerCrosswordsWordsearchDaily quizzes
Classifieds
KaitaiaWhangareiDargavilleAucklandThamesTaurangaHamiltonWhakataneRotoruaTokoroaTe KuitiTaumarunuiTaupoGisborneNew PlymouthNapierHastingsDannevirkeWhanganuiPalmerston NorthLevinParaparaumuMastertonWellingtonMotuekaNelsonBlenheimWestportReeftonKaikouraGreymouthHokitikaChristchurchAshburtonTimaruWanakaOamaruQueenstownDunedinGoreInvercargill
NZ HeraldThe Northern AdvocateThe Northland AgeThe AucklanderWaikato HeraldBay Of Plenty TimesRotorua Daily PostHawke's Bay TodayWhanganui ChronicleThe Stratford PressManawatu GuardianKapiti NewsHorowhenua ChronicleTe Awamutu CourierVivaEat WellOneRoofDriven MotoringThe CountryPhoto SalesNZ Herald InsightsWatchMeGrabOneiHeart RadioRestaurant Hub

Advertisement

Advertise with NZME.
New Zealand

Health and youth packages lift Labour's total

10 Aug, 2014 05:00 PM2 minutes to read
Labour party leader David Cunliffe. Photo / Brett Phibbs

Labour party leader David Cunliffe. Photo / Brett Phibbs

NZ Herald

Labour's health package, along with its recent youth employment policy, lifts its score by $1.36 billion on the Herald's Porkometer - our running total of big-ticket spending promises by the two major parties.

But National, with its official election campaign still two weeks off and no costly policies in the past two weeks, still has plenty of publicly uncommitted spending capacity in reserve.

The health package adds $1.12 billion alone to Labour's total over four years, or $1.18 billion including an extra $10 million a year increase each year from year two to cover population increase and inflation, money which Labour says will come from money already allocated for such increases in National's Budget.

Also announced since the last Porkometer two weeks ago is a youth employment package costing $183 million over four years.

Advertisement

Advertise with NZME.

Together, they take Labour's Porkometer reading to $6.51 billion while National's reading remains at $1.31 billion.

The Porkometer does not represent the difference between the two parties' overall fiscal plans. Labour's increased spending is partly funded by almost $5 billion in additional revenue it says its capital gains tax and tax measures will gather and much of almost $15 billion in additional spending or operating allowances set out in National's last Budget.

National has yet to say how it will spend that money, giving it plenty in reserve for its campaign.

The Porkometer takes its name from the United States term "pork barrel", which refers to politicians advancing spending in particular geographical or special interest areas to curry favour with voters.

Related articles

New Zealand|Politics

Labour: Free GP visits for over-65s

10 Aug 02:53 AM
New Zealand|Politics

Peters: KiwiSaver for all newborns

10 Aug 02:37 AM
Business

Asset prices look stretched

10 Aug 05:30 PM
New Zealand|Politics

Claire Trevett: Floating happily on a sea of red

10 Aug 09:30 PM

Advertisement

Advertise with NZME.

Latest from New Zealand

New ZealandUpdated

Parliament protest: Council staff, students to work from home, convoy to descend on capital

18 Aug 11:13 PM
New Zealand

New innovative dementia care model being used in Kāpiti at Home4All

18 Aug 11:05 PM
New Zealand|CrimeUpdated

Tax evasion: Builder used company money on Uber Eats and cash withdrawals

18 Aug 11:00 PM
New ZealandUpdated

Mid-air horror: Panic on Air NZ flight from LA as masks drop, emergency declared

18 Aug 10:55 PM
New Zealand

Local Focus: Reynold Macpherson on Candidate Camera

18 Aug 10:49 PM

Most Popular

Mid-air horror: Panic on Air NZ flight from LA as masks drop, emergency declared
New ZealandUpdated

Mid-air horror: Panic on Air NZ flight from LA as masks drop, emergency declared

18 Aug 10:55 PM
Live: 400+ Nelson homes evacuated; Far North town isolated after slips
New Zealand

Live: 400+ Nelson homes evacuated; Far North town isolated after slips

18 Aug 10:41 PM
Murder charge after death at property in South Auckland
New Zealand|Crime

Murder charge after death at property in South Auckland

18 Aug 09:43 PM

Advertisement

Advertise with NZME.
About NZMEHelp & SupportContact UsSubscribe to NZ HeraldHouse Rules
Manage Your Print SubscriptionNZ Herald E-EditionAdvertise with NZMEBook Your AdPrivacy Policy
Terms of UseCompetition Terms & ConditionsSubscriptions Terms & Conditions
© Copyright 2022 NZME Publishing Limited
TOP