Barbara Edmonds
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Appearances Over Time
Podcast Appearances
Every political party and every finance spokesperson has to stump up with the numbers.
We've made it really clear.
Every policy that we commit to, we want to ensure we can deliver it.
It's fully costed.
And you'll see as more policies are rolled out, they will be costed.
And everything will come together as part of our fiscal plan, which we release a little bit later.
So fiscal periods are over a four-year period, so forecast periods are four years.
And so we used a very conservative 3% growth on average.
So again, if you look at the budget economic fiscal updates, you'll see first year's around 2%, it increases slightly to 5%, and then it continues.
But we've made a very conservative growth.
figure that we've estimated our capital gains tax off, and that's 3%.
But this is the way that Treasury designs the forecast period.
You have to look over the four-year period.
That's how we've designed it, and we've used a very conservative figure, because at the time when we released our capital gains tax figure, it was forecast to be 5% at the time, but we went lower on purpose.
We are committed to reinstating pay equity legislation.
I think that's really important for working women who are structurally, because of the workforce that they're in, they are underpaid compared to male comparator women,
sectors.
We know that it's important to Labour, it's important to working women, and we will commit to it.
And my job is to make sure we have a sufficient fiscal contingency as part of our cost of fiscal plan to cover that figure.
So we're going to make some decisions, some hard decisions like every political party has to do leading up to an election.