Winston Peters tagged posts
May 9, 2011 New Zealand Finance
The New Zealand First party have publicized its economic intentions for the country, outlining a wide-reaching seven point plan to boost the country’s financial wellbeing.
The New Zealand First party kicked of its election year campaign promises on May 8th, when Winston Peters, leader of NZ First, gave a speechat the Annual General Meeting of the Hamilton division of Grey Power, promising discounted electricity for the elderly, and outlining the party’s “7 Steps to Prosperity” initiative.
The first step in Winston Peter’s plan is to encourage New Zealanders to aim for greater levels of savings. He claimed that his party would offer tax incentives for savings, saying that if elected, his party would cut taxes on the first NZD 10 000 of interest earned by taxpayers...Read More
October 21, 2008 New Zealand Finance
Leader of NZ First Winston Peters has put forward the proposition that the Government owned Kiwibank be privatized.
In a speech given in Tauranga on the 20th of October Winston Peters, proposed that the Kiwibank be used as stand-alone commercial bank, separate from the Government. Further to his plan, the bank would handle of the Government’s business, which he valued at $55 billion, and the shares in the bank could only be held by New Zealanders. Winston Peters claimed that this would help profits from this activity stay in New Zealand and force interest rates to lower.
It would seem that this plan has been forming for at least a week, as Winston Peters hinted at revolutionary measures to reduce interest rates while at a speaking engagement at Waikato University a week earlier.