Release: Gambling with government finances – National gets GST rules wrong

Source: New Zealand Labour Party

National is gambling with government finances in its new fiscal plan that is supposedly funded by revenue from offshore operators of online casinos, Labour’s Revenue and Internal Affairs spokesperson Barbara Edmonds says.

“We have been collecting GST on offshore casino platforms since 2016, under the so-called Netflix Tax brought in by the former National Government,” Barbara Edmonds said.

“National’s less-than grand plan appears to have learned nothing from Bill English’s tenure as Finance Minister when the tax on remote services was introduced.

“The fiscal plan also appears to have had no input from the National’s Revenue spokesperson Andrew Bayly. Mr Bayly knows that GST has been collected from online casino operators overseas since 2016 at a rate of about $37.8 million per year because of a recent Parliamentary question he asked.

“Contrary to National’s fiscal plan, there is no ‘tax loophole’ on online gambling from offshore. There is however a rather large loophole in the National Party plan and we challenge Nicola Willis to release the full costings and stop rolling the dice with her assumptions.

“We also challenge National to provide the costings for the claim that an average of $179 million per year could generate revenue of $716 million over the forecast period. As Andrew Bayly knows, in the seven years since GST has been collected, only a total of $170 million has come from online casinos,” Barbara Edmonds said.

Labour’s Racing spokesperson Kieran McAnulty says the fiscal plan also risks double-counting other revenue currently raised from offshore operators of sports and race betting platforms.

“Offshore platforms who offer gambling on sports and race fixtures currently pay a Point of Consumption Charge of around $4 million per annum, that is returned to the sports and racing codes in New Zealand for community benefit and harm minimisation efforts,” Kieran McAnulty said.

“It is sad to see that National is not making any provision for harm minimisation work to address problem gambling in their plan for taxing offshore platforms. They also need to clarify if their plan means the community and sports funding will now be scrapped in order to pay for tax cuts.

“Harm minimisation is a key focus of my plans to reform the way the TAB operates its domestic monopoly and online betting, which will also secure the future of the racing industry.

“National have taken a punt with the public services. Unfortunately for them, this bet won’t return a dividend,” Kieran McAnulty said.


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Release: National’s housing tax collapsing fast

Source: New Zealand Labour Party

The centrepiece of National’s tax increases that’s been booked to pay for half their tax cuts is collapsing faster than a house of cards, Labour Finance Spokesperson Grant Robertson says.

  • Misleading assumptions undermine the plans credibility
  • International treaties likely make plan impossible
  • Results in tiny pool of potential overseas buyers

“National is banking more than $700 million a year – nearly half of its revenue initiatives – from a 15 per cent tax on foreign home buyers. But their numbers are based on incredible assumptions about how much this will raise,” Grant Robertson said.

“Before our foreign buyer ban in 2018, an average of 4120 homes were sold every year to foreign buyers. National’s plan assumes 48.5 percent of those homes would be sold for over $2 million, despite homes of that value being only five percent of the market,” Labour’s Housing spokesperson Megan Woods said.

Overseas Investment spokesperson David Parker said our international tax treaties could likely exempt many key markets from National’s policy.

“New Zealand has tax treaties with 40 countries and territories, many of which would be excluded from National’s tax being applied to them,” David Parker said.

“National have assumed the number of foreign buyers buying a $2 million home and paying an average of $300,000 in tax will reach 70 per cent of 2018 levels when there was no tax and no restriction on the number of homes. That’s extraordinarily optimistic.

“It’s impossible to see where all the buyers who could be covered by their tax are coming from. Given they’ve exempted Australia and Singapore they’ve already eliminated 27 per cent of the foreign buyers from 2018.

“It gets worse. New South Wales, cited by Nicola Willis today, recently had to stop applying their foreign buyer tax on a number of countries after it was deemed in breach of international treaties Australia is a signatory to – including New Zealand.

“New Zealand has a range of tax treaties with places like the UK, Hong Kong, Japan and Canada, it’s possible a significant number of other places could be excluded.

“This is just for tax treaties. National must release their legal advice on the implications for trade agreements so it can be scrutinised.

“Our understanding is that once their changes are made, the existing carve out in trade agreements couldn’t be retained under trade rules. As a minimum it will be open to dispute,” David Parker said.

“Given these changes are the vast bulk of National’s revenue raising it’s impossible to see how National’s costings add up. Yet again they have a fiscal hole at the heart of their economic plan,” Grant Robertson said.

“What National’s fiscal hole will mean is that they will be forced to make even deeper cuts to public services. Based on their record, New Zealanders should be very afraid of what that means.

“The choice this election is clear. Huge cuts to public services under National or targeted cost of living support and protected public services with Labour,” Grant Robertson said.

Release: National’s plan does not add up and will make life harder for Kiwis

Source: New Zealand Labour Party

National’s dodgy tax plan will make many families worse off through their cuts to early childhood education, cheaper public transport and public services. Their tax and burn plan will also pour petrol on the housing market that Labour has worked hard to rein in,” Grant Robertson said.

  • Voodoo costings for new taxes mean more holes in National’s fiscal plan
  • Billions of dollars of cuts to public services
  • Hanging first home buyers out to dry by getting rid of foreign buyer ban
  • An end to climate action
  • Cutting 20-hours free ECE for 2-year-olds and free public transport for children, students, and low-income and disabled Kiwis.

“National’s cuts to the public services are more than double those the Government announced on Monday. National will be asking for 8 percent cuts in many agencies and therefore they will not be able to protect frontline services. Despite what they say, the fine print of their document says health and education will be cut to find savings.

“The Government announced earlier this week moderate restraint of public service spending, which would protect frontline services – National’s cuts will gut the agencies that support Kiwis. 

“National’s costings of the revenue from their new taxes look dodgy. It appears they have overestimated revenue from a number of sources. The more analysis there is the bigger the hole in National’s fiscal plan gets.

“This comes on top of the nearly $10 billion hole in national’s transport plan and failure to account for other spending and promise they have made.

“National is laying out some voodoo costings today with their claim to be able to grab $740 million per year from foreign buyers. The plan relies on more and more foreign buyers coming into the New Zealand market every year, despite putting a tax on them. It also beggars belief that there are that number of homes available every year to be bought up by foreigners to fund National’s tax cuts.”

National’s plan will also mean dramatic cuts to investment in tackling climate change and making our country more resilient. Once again this shows National’s lack of commitment to real action on climate change.

“It’s clear that only Labour has the balanced and responsible plan to support Kiwis with the cost of living, grow the economy sustainably and balance the books,” Grant Robertson said.

Release: Military style guns back in communities under ACT

Source: New Zealand Labour Party

The ACT Party’s promise to bring back the military style assault rifles the March 15 terrorist used will make communities unsafe and put communities and Police at risk, says Labour Police Spokesperson Ginny Andersen.

In its “Plan for fair firearms laws”, ACT is committed to repealing all firearms legislation passed following the March 15 terrorist attack. This includes the Arms (Prohibited Firearms, Magazines, and Parts) Amendment Act 2019 that removed military style semi-automatic weapons (MSSAs).

“It’s unbelievable ACT is promising to bring back the guns most commonly used in mass shootings overseas and the March 15 terrorist attacks here,” Ginny Andersen said.

“These guns are not designed for hunting. Gangs and criminals will be rubbing their hands together at this policy.

“ACT is putting our Police in harm’s way. Police already have a dangerous job without the risk of having assault weapons pulled on them. It’s unconscionable.

“Make no mistake, the ACT Party will be driving the opposition’s firearms policy. Christopher Luxon has repeatedly failed to make retention of the Firearms Registry a bottom line despite 82 per cent of the public supporting it.

“With Christopher Luxon’s own caucus deeply divided on firearms regulation it’s clear a change of Government will put more dangerous guns into our communities.

“We knew the Coalition of Cuts would cut services, but now they will also cut safety and protection of our communities.

“Labour has made the most significant investment in law and order in a generation. We’ve boosted Police numbers by 1,800 new officers, introduced the Firearms Registry and put in place new laws to crack down on gangs, organised crime, and illicit firearms.

“We have more to do, but the job of making our communities safer will be so much harder if assault rifles are made legal again,” Ginny Andersen said.


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Chris Hipkins: Speech Working with others

Source: New Zealand Labour Party

Here’s what he said:

Good afternoon

In times like these, certainty matters.

Today I’ll provide New Zealanders with certainty on who Labour will and won’t work with after polling day.

Kiwis deserve to know who they’re voting for, what their bottom lines are, and what kind of government they could get after the election.

First, I want people to vote Labour.

That will give New Zealand the core to the strong, stable, progressive government the country needs.

I recognise that it is likely that we will need to work with other parties to form a government as we have done before.

Over recent weeks I’ve considered which parties’ values and policies align with my own and those of the Labour Party.

I’ve also considered how I intend to lead if I’m successful at securing a full term as Prime Minister.

In my experience working across coalition governments, policy disagreements can be overcome if you have shared goals and values.

I believe that there’s always more that unites New Zealanders than divides us.

We may come from many different backgrounds and beliefs but at our core Kiwis share common aspirations.

A good job, a home, quality education for our kids, good healthcare when we’re sick, secure communities, protection in retirement.

And we share a sense of hope that there are better days ahead.

That by working hard we can build a better life for ourselves and leave a better society to our children.

At a time of enormous global and domestic challenges, some of the most difficult any of us have ever faced, I’m firmly of the view unity will get us through.

The past few years haven’t been easy, particularly as we’ve all navigated our way through a once in a generation global pandemic.

But in recent years New Zealand’s seen numerous examples of where national unity achieved great things.

The way we came together after the March 15 terror attacks was an example to the world of how being empathetic and strong conquers fear and hate.

And our COVID-19 response, where we worked together to defeat the virus, saved thousands of lives and protected jobs and businesses.

We’re at our best when we’re united.

Division isn’t a path to progress, and it’s just not how I operate.

Therefore, my message is simple.

In this campaign I will promote a message of unity and intend to work with parties and leaders that think the same.

That doesn’t mean I won’t criticise my opposition, in fact I must.

Elections are contests of policies and values. Disagreements are a fundamental part of a healthy democracy.

But I won’t seek to divide our communities.

Labour’s focus in this election won’t be on imported culture wars, but fighting an economic war against inflation and inequality.

I’ve always said my focus is on bread and butter issues and for me and Labour that’s always about helping families and communities get ahead.

And I mean every member of our community, and every member of our families.

So, on that basis I’m ruling out working with New Zealand First and Winston Peters after the election.

New Zealand First has become a party more interested in toilets than the issues that really matter.

Labour has worked with Winston Peters and New Zealand First in government twice.

We’re the only party New Zealand First have managed to complete a full term of Government with.

But the rhetoric I’m hearing from Winston Peters in this election means I just don’t see any compatibility with my vision for an inclusive, progressive and prosperous society.

Winston Peters and New Zealand First are a force for instability and chaos, and that’s the last thing the country needs right now.

In fact the National, ACT, New Zealand First coalition of cuts, chaos and confusion hold a compilation of views I think would alienate large sections of our society. Not just economically, but to their sense of belonging too.

They are the Coalition of Fear.

The National Party has many MPs and candidates who want to roll back women’s rights.

Members of their caucus celebrated the US Supreme Court decision to roll back a woman’s right to choose.

It’s no surprise, given they have people in their party who intimidate and threaten other MPs and who think it’s funny to place a women MP’s face onto a toilet seat.

I voted to legalise abortion in our first term, and I’ll continue to defend a women’s right to choose.

David Seymour has said action to address inequities for Maōri is equivalent to apartheid.

How is it possible in a wealthy country like ours we continue to have such sharp disparities in areas like health, education and housing simply because of ethnicity.

So, I back our initiatives like the Maōri Health Authority, and the role it will play in enhancing our health as a nation.

It doesn’t lessen the health outcomes of anyone else, but it can help to improve the health outcomes for Maōri.

David Seymour has also made chilling comments about our Pasifika communities, and claimed those to simply be a joke.

I don’t think it’s a laughing matter.

And then there is Winston Peters. He is seeking to make trans people the enemy in this campaign.

Living fully in your own skin isn’t always easy for any of us at the best of times, and it can be particularly hard for our rainbow communities.

None of them deserve the kind of abuse that is being directed their way, stoked up by politicians who should know better.

As political leaders we have choices – to play into fear or to be optimistic and seek solutions that benefit us all.

I think the biggest issues we face are around our economy, the cost of living, good jobs, good housing, reducing poverty, and addressing climate change.

That’s where our focus should be.

National, ACT and New Zealand First however are focused on dividing us.

They are a coalition of cuts and chaos that won’t be able to get stuff done.

They want to single some of us out and tell us that we’re not as worthy as others. Not as valued as others. Not as Kiwi as others. We know where this leads.

I just won’t accept that. It goes against my values, Labour’s values, and the values that define our country.

I have news for all those who try and divide us and take us backwards. You will fail.

Because for Kiwis, the power of unity has always defeated division.

That is why under my leadership, Labour will not enter into any sort of governing arrangement with any of them.

As to the parties we will work with.

The Green Party have been part of confidence and supply or cooperation agreements with Labour for the past six years.

We have worked constructively over that time and can continue to do so.

We share a common direction, just with different ways of getting there.

We’ll both campaign vigorously on our separate platforms and each try and maximise our own vote. That’s fine with me.

But we know after the election we will be able to work constructively together in the best interests of New Zealand.

The Maōri Party has in the past supported National in government, but they are a party we can work with too.

Sir John Key had a constructive relationship with the Maōri Party in Government, and I believe I will too.

Labour is proud of our own long track record of representation and advancement of Maōri and will be contesting vigorously in the Maōri seats this election.

We don’t agree with everything the Maōri Party says, but I’m confident we have enough shared values and goals to work together if that’s what New Zealanders decide.

Ever since its formation over 100 years ago, the Labour Party has been the party of progress in New Zealand.

We stand for workers’ rights to a fair deal and a women’s right to choose.

We are proudly nuclear free and combat discrimination where we find it.

And we are for inclusion and mutual respect.

I reckon most New Zealanders think that way too.

As a nation we’re proudly diverse.

What makes us different from the rest makes us better and unique.

It’s summed up in the pride that Kiwis feel about our country when we travel overseas.

The best little country on earth.

One where everyone gets a fair go, and we help each other out.

So, in this election when casting your vote, I’m asking New Zealanders to think about what type of leadership you want and what kind of country you want for your children, your friends your workmates and loved ones.

One that winds the clock backwards on workers, on women, on the environment and on inclusion.

Or one that keeps moving forward, together.

I will bring New Zealanders together.

I’m a leader who’s in for you, whether you’re Maōri, Pacifica, Pakeha, gay, straight, born here, migrated here, a man, a woman, trans, young, old, or different in your own way.

I’m in it for you.


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Release: More action to crack down on youth vaping

Source: New Zealand Labour Party

The Labour Party will take further actions to crack down on youth vaping if re-elected, capping the number of vape stores nationwide to 600 and ramping up the penalties for those who sell to underage people, Labour Leader Chris Hipkins has announced.

  • Cap the number of vape stores nationally to 600
  • All retailers, including dairies, must obtain a license to sell vaping products
  • Harsher legal penalties of up to $15,000 for retailers who sell to youth
  • Look to make vape products less visible from the store front

“The recent increase in youth vaping is unacceptable. Those who produce and sell vapes are clearly targeting our kids, especially in low socio-economic areas, and Labour is taking action to stop that,” Chris Hipkins said.

“Earlier this year the Labour Government announced we would effectively ban disposable vapes, stop new vape shops from opening near schools and marae and restrict the number of flavours.

“We have also banned the sale of vapes to under-18s and prohibited vape advertising and sponsorship.

“However it’s clear more needs to be done. Vapes are far too widely available so tougher measures are now needed.

“If re-elected we will cap the number of stores vapes can be sold in to 600 nationwide – significantly reducing the number by more than half.

“In addition all retailers, including dairies, must obtain a license to sell vaping products.

“The licencing regime will both be able to reduce the number of outlets that sell vapes and also ensure there aren’t clusters of vape stores targeting schools or low socio-economic communities.

“We have already made it illegal to sell vapes to anyone under 18. But the ongoing uptake suggests the current penalties are not a strong enough deterrent.

“A Labour Government will increase penalties to adults who supply vape products to underaged children by 100%, from up to $5,000, to up to $10,000. We will also increase penalties for retailers found to be selling vaping products to underage children from up to $10,000, to up to $15,000.

“The way vape retailers are targeting young New Zealanders and our poorer communities must stop. Combined with measures already announced this plan can help stamp out youth vaping,” Chris Hipkins said.

“Our plan to decrease smoking is working, with smoking rates plummeting to their lowest levels ever,” Labour Health Spokesperson Dr Ayesha Verrall said.

“Vaping has been an important tool to assist adult smokers to give up, however we have seen the number of young people vaping daily more than triple between 2019-2021.

“In the same way we are stamping out smoking, this plan can make a real difference to stop vaping.

“The next stage in our plan is targeted at limiting the supply of vapes. We have seen the explosion of vape retailers in recent years. A licencing regime will stop any new stores opening and will allow us to spread the number of stores across the country.

“We know public health messaging is effective and can help educate young people on the true harms of vaping. We will build on the Protect Your Breath campaign to combat misinformation and disinformation about the reality of vaping.

“We will also look to make vape products less visible from the store front, in the same way we have with tobacco.

“I want to ensure all young New Zealanders can be smoke and vape free in order to live healthy lives,” Ayesha Verrall said.


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Release: Show us the money – National’s giant transport funding pothole continues to grow

Source: New Zealand Labour Party

National’s transport plan pothole blew out another $1.4 billion dollars this morning after Simeon Brown overruled Nicola Willis says Labour Transport Spokesperson David Parker.

“Brown saying there would be no new petrol tax or road user charges for the next three years means that they are at least $1.4 billion short for the first three years,” David Parker said.

“This will also have a knock on effect for Waka Kotahi’s ability to fund part of the programme through borrowings.

“Nicola Willis knows that National has a giant funding pothole in its transport plan. That’s why last week she said fuel taxes would go up in the third quarter of next year – at the same time as Labour’s first two cent increase from 1 July 2024. It seems that Luxon and Simeon Brown have over-ruled her.

“Christopher Luxon can’t hide behind fancy technical terms like ‘equity finance, value capture and cost recovery’ – whether funding comes from the government or the private sector it still has to be paid for.

“This shortfall in the first three years is only part of National’s overall $9.5 billion plus shortfall over ten years.

“This is why even Act called National’s plan wishful thinking.

“National now need to say how they will fund their transport plan over the next three years,” David Parker said.


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Teaching young New Zealanders practical financial skills

Source: New Zealand Labour Party

Young people will leave school knowing how to do a budget, open a bank account, manage bills and invest their money as part of Labour’s new financial skills in schools programme.

Making sure young New Zealanders leave school knowing how to manage their finances is too important to be left to chance. Labour’s plan is about teaching Kiwi kids practical financial skills that they will use for life.

Evidence tells us the current approach means too many students leave school without the financial skills they need. Over the last six years, Labour has been growing financial teaching capability within New Zealand schools – including by making it a core part of the School Leaver’s Toolkit. But more needs to be done.

We’re taking the next step in our work to create an education system that gives every young New Zealander the best chance to succeed. A re-elected Labour government will require financial literacy to be taught at all levels in all schools by 2025.

What will students learn?

All young people will leave school with a core knowledge of:

  • saving and investing
  • budgeting and financial management
  • setting financial goals and planning ahead
  • banking
  • borrowing, credit and debt
  • Kiwisaver and insurance
  • income and taxes
  • consumer rights, and
  • identifying and managing risk.

This is about setting Kiwi kids up with core skills that will teach them how to save for a home or their retirement – or become the innovators and entrepreneurs of the future.

Labour delivered New Zealand Histories in schools by ensuring there is a clear framework in place, within the curriculum, so that it would be taught as part of an existing subject. Financial skills in schools will be delivered the same way, mainly through maths and social sciences as this is where existing resources are aligned. Schools will still have flexibility as to how they deliver the programme, but there will be essential learning outcomes at different year levels.

Teachers play a huge role in shaping the next generation – and supporting them is an absolute priority for Labour. An important part of our plan will be making sure teachers feel they have the necessary skills and resources to teach it. This won’t be an extra demand on teachers. Instead, it will make sure they have what they need – including access to existing programmes and partnerships and support through the newly established curriculum centre at the Ministry of Education.

Our young people are our future. We’re committed to backing young New Zealanders to succeed and make their big dreams a reality.

You can find out more about Labour’s new financial skills in schools programme, here.


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Release: Compulsory financial skills in schools

Source: New Zealand Labour Party

Labour will make it compulsory for all schools to teach financial literacy from 2025, to address low levels of money and budgeting skills among school leavers, Labour Leader Chris Hipkins and Education Spokesperson Jan Tinetti announced today.

“Young people will leave school knowing how to budget, open a bank account, manage bills and save and invest their money as part of a financial skills in schools programme,” Chris Hipkins said.

“We want all young New Zealanders to leave school knowing how to manage their finances. It’s too important to be left to chance.

“Evidence tells us the current approach means too many students leave school without the financial skills they need. Over the past six years, Labour has been growing financial teaching capability through making it a core part of the School Leavers Toolkit and encouraging partnerships with banks to provide education and advice in schools – but more needs to be done.

“Teaching of financial literacy will start in primary school and be taught mainly through maths and social sciences in secondary school.

“All young people will leave school with a core knowledge of saving, budgeting, banking, borrowing, bills, taxes, Kiwisaver, mortgages and insurance.

“We’re setting kids up with core skills that’ll teach them how to save for a home or their retirement; or become the innovators and entrepreneurs of the future.”

Labour delivered New Zealand history in schools by ensuring there is a clear framework in place, within the curriculum, so that it would be taught as part of an existing subject. Financial skills in schools will be delivered the same way, mainly through maths and social sciences as this is where existing resources are aligned.

“Schools will still have flexibility as to how they deliver the programme, but there will be essential learning outcomes at different year levels,” Jan Tinetti said.

“An important part of our plan will be making sure teachers feel they have the necessary skills and resources to teach it, and that they need to prioritise it within their classrooms.

“This won’t be an extra demand on teachers, rather it will make sure they have what they need, including access to existing programmes and partnerships and support through the newly established curriculum centre at the Ministry of Education.

“I’m incredibly excited by this policy that will teach kids practical, financial skills that they will use for life,” Jan Tinetti said.


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Māori Manifesto 2023

Source: New Zealand Labour Party

Labour is in it for you, and we are working hard every day to deliver better housing, health care and education for Māori throughout Aotearoa.

We are proud of what we have achieved in our six years in Government. We delivered record levels of investment for Māori across our six Budgets, more than any previous Government in history.

We made apprenticeships free, helped get rangatahi and pakeke into well-paid jobs, and helped whānau to install solar panels on their whare to keep power bills down.

Unlike National during the Global Financial Crisis, we worked hard to make sure Māori stayed in work through the economic impact of the pandemic. We succeeded, protected jobs, and Māori unemployment is now significantly lower than when National were in office.

We are proud of our Māori business owners and entrepreneurs, and under our Government the Māori economy has grown to record levels. We will continue to have their back.

We believe that providing strong and responsible leadership means listening, working together, and committing to build an enduring relationship with Māori that delivers on partnership, protection, and participation.

Labour is working for Māori, every day, but there’s more to do.

More to rebuild our health system which was blind to Māori needs.

More to support rangatahi to flourish and succeed, especially with education that works for them.

More to get our mokopuna fluent in their language, and to lead the revitalisation of Te Reo Māori.

More to keep food prices down so whanau can afford to put healthy kai on the table.

More to keep rangatahi on a path that will let them live up to their boundless potential.

Our work is not finished – join us on the next stage of our journey together.

Find out more here: