Joyce says government is sitting on 29 ‘fiscal time bombs’

Steve Joyce says the government is sitting on 29 ‘fiscal time bombs’:

National’s Steven Joyce says the Treasury’s half-year update contains 29 “fiscal time bombs” waiting to go off in the Government’s face.

The half-year economic and fiscal update was released last week and Mr Joyce says it identifies an unprecedented number of “new fiscal risks” caused by the change of Government.

“These cover a huge range of election commitments that are yet to be included in the government accounts,” he said.

“Major policies like the Provincial Growth Fund, extra DOC funding, their justice policies, their primary health care policy, new rail links… are all not included in the accounts in this update.”

The Government has said it can meet all its commitments and still run a surplus.

I’m sure Robbo will have it all in hand, he’s an expert you know.



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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.