Has Labour burned off Winston?

With the announcement of Labour’s savings and superannuation policy they are basically showing that they are willing to burn off Winston with their plan to raise the retirement age.
The devil of course will be in the detail. Certainly there is precious little of that other than nothing is going to change for at least 6 election cycles. Labour’s promise is as hollow as their promises for tax cuts.

As we now know this won’t take effect for years, so Labour is still left with a huge hole in their numbers over the next few years. A $16 billion hole.

It still means billions more in borrowing at the time debt is the last thing anyone wants. Sure National is borrowing, but Labour will borrow much, much more. $16 billion more.

I want to see the detail, including their spending tracks, before I’d believe a word of what they’re saying. In fact a welcome change would be to see political aprties produce independently audited and costed spending plans. Larry Williams mentioned this on NewstalkZB on Friday night and it is something I agree with.

Still I wouldn’t be holding your breath though, details are not something Labour’s strong on when it comes to tax policy. I xpect they will have to announce an Expert Panel to deal with it all.


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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.

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