National announces fiscal discipline initiatives

Christoper Luxon announced three initiatives to improve fiscal discipline.

1. Treasury required to report annually on the performance of major programmes to demonstrate whether they are achieving results.
2. Every taxpayer will receive a “Taxpayer’s Receipt” from Inland Revenue, showing taxes paid and government payments received including Working for Families and benefit payments. It will breakdown where taxpayers’ money has been spent, eg education, health, and welfare.
3. Public sector chief executives and their deputies will have their pay linked to achievement in order to encourage high performance and ensure accountability.

All good ideas. This Government has managed to increase spending by $50 billion a year yet produce worse outcomes. It can’t continue.