Steven Joyce points out:
“David Cunliffe, David Parker and Chris Hipkins had a ‘hey Clint’ moment on TV last night, when all three of them failed to answer a simple question about the total cost of their grab-bag of education announcements,” Mr Joyce says.
“Labour has rejected having a Treasury analyst in its office, and it really is showing.”
Talking to media yesterday after announcing it would spend $403 million over four years to employ more teachers, neither David Cunliffe, nor David Parker nor Chris Hipkins could do the simple maths on how much their other promises would cost.
“That’s because their numbers don’t add up and their claims are misleading,” Mr Joyce says.
“For a start, the Government currently funds secondary schools for an average 20 students per classroom, well below Labour’s ‘new’ target of 23 students per classroom.
I understand the funding rations are 1:23.5 in Year 9, 1:23.5 in Year 10, 1:23 in Year 11, 1:18 in Year 12 and 1:17 in Year 13.
“When it comes to their costings, Labour’s figures include only the cost of the extra teachers’ salaries. They need to come clean on what the total costs would be including ACC, training, support superannuation, and all the other overheads involved in supporting more teachers.”
And as they will make KiwiSaver compuslory and at a higher contribution rate – all ads up.
But the general rule of thumb is that you double the direct salary costs to calculate the overall impact of a new staffer.
“And on Saturday they claimed they would provide every student between years five and 13 with a digital device worth $600 by providing a $100 subsidy and having parents pay $3.50 a week for 18 months. This will be news to Labour, but this adds up to only $373 per device.
They really need that Treasury secondee!