The ODT editorial is headlined Fiscal Irresponsibility:
If it is true that there may be a $1 billion “hole” needing to be filled by the new Government, and the Clark Cabinet decided not to tell anyone about it, then it is obvious Labour is back to its deceptive tricks. . .
It may well be that on a strictly legal basis former ministers are not obliged to warn their replacements in a new administration of major unfunded problems, and it may be very amusing for a losing administration to chortle at the resulting political and policy fall-out, but it is entirely against the spirit of good government and the intent of the “no surprises” Fiscal Responsibility Act.
And that was before the second ACC blowout of a $1.3billion shortfall in the earners account was discovered.
Labour spent a lot of the election campaign warning about National’s secret agenda, but the secrets were Labour’s. They’ve sabotaged the incoming government and we’ll all be hurt by the fallout.