Sharechat Logo

Clark calls election for Nov. 8, giving room for tax cut boost

Friday 12th September 2008

Text too small?
Prime Minister Helen Clark called the election for Nov. 8, giving the Labour-led coalition time to reap the benefits from the first round of tax cuts next month.

"We in Labour will be talking about our vision for the future of New Zealand," Clark said at a press conference in Wellington. "Labour is ambitious for New Zealand. National is ambiguous."

The parliament will be dissolved on Oct. 3, allowing a five-week campaign from nomination day on Oct. 14. The government has been buoyed by a closing of the poll gap with National, though it has suffered fall-out from the inquiry into New Zealand First's campaign donations.

The first round of tax cuts kicks in on Oct. 1 and there may be signs of revival in the economy heading into the fourth quarter. The Treasury has predicted the economy will climb out of a three-quarter slump starting in October.

By Jonathan Underhill



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

January 15th Morning Report
January 14th Morning Report
WIN - Winton Announces Timing of its Interim Results for FY26
FBU - Fletcher Building Quarterly Volume Report for Q2 FY26
January 13th Morning Report
RAK - Rakon Receipt of Takeover Notice
January 12th Morning Report
GEN - Resignation of Corporate Counsel and Company Secretary
January 9th Morning Report
VSL - Confirmation of MD/CEO and Board changes