John Key is completely out of touch if he thinks desperate South Auckland families forced to live in cars can simply go to Work and Income for help, Opposition Leader Andrew Little says.
“Many of these families are working and still can’t afford a home in Auckland, where rents have risen 25 per cent in the past five years. Our MPs are inundated with people who are in extreme need but still can’t get on the state house waiting list.
The weak and absurd scope of the Government’s inquiry into foreign trusts has been lambasted by Transparency International, Opposition Leader Andrew Little says.
“In a scathing statement released today, the anti-corruption watchdog warns that the John Sherwan-led inquiry into foreign trust disclosure rules fails to address fundamental issues raised by the Panama Papers.
The IRD was so ready to review foreign trusts it had the review on its action plan in November 2014, just before the Revenue Minister met with John Key’s lawyer, says the Leader of the Opposition Andrew Little.
“The IRD had already started work on the review of foreign trusts. It was in the action plan given to the Minister in November 2014, with a report due to go to him in December.
John Key’s proposal to appoint a ‘tax expert’ to review our foreign trusts doesn’t go far enough and he must instead launch a full independent inquiry into the details coming out of the Panama Papers, says Opposition Leader Andrew Little.
“New Zealand’s reputation is being sullied around the world. It is essential we regain our international respect and fix these issues.
The next Labour Government will encourage innovative and driven young entrepreneurs to create a viable business by providing training, a business mentor and up to $20,000 capital for successful applicants in its Young Entrepreneurs Plan, Leader of the Opposition Andrew Little says.
“The changing nature of work is creating a new generation of smart, innovative young Kiwis who need nurturing and capital to get successful ideas off the ground.
The Prime Minister’s inability to tell New Zealanders how many of the 12,000 secret foreign trusts in New Zealand are being used for illegal purposes makes a mockery of his claims there is full disclosure in the regime, Leader of the Opposition Andrew Little says.
Prime Minister John Key has again been caught out misleading the public over New Zealand’s role as an international tax haven for the world’s mega-wealthy and elite, Leader of the Opposition Andrew Little says.
John Key must come clean about what he knew and what he has done about New Zealand becoming a haven for rich foreign investors looking to hide their fortunes in secret trust accounts, Opposition Leader Andrew Little says.
“New Zealand’s reputation is at risk from the reports emerging from the so-called Panama Papers. International media stories today directly mention John Key and his discussions with the Malta Prime Minister at the Commonwealth Heads of Government Meeting in November 2015.