Labour’s 100-day plan keeps books in check, switching tax cuts for transfers

Thu, 14 Dec 2017

By Paul McBeth Dec. 14 (BusinessDesk) - The Labour-led government’s 100-day policy programme will keep the government’s books largely unchanged over the next four years as cancelled tax cuts cover the bulk of its family support plans. Finance Minister Grant Robertson unveiled the numbers behind the new administration’s policy platform in today’s half-year economic and fiscal update, saying $8.36 billion of savings accrued from cancelling the previous administration’s tax cuts covered the costs of greater support for low and middle income...

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