National Party leader John Key promised public servants before the 2008 election that he would not cut jobs if he became Prime Minister, only cap the number of public servants.
He became Prime Minister and over his first term, his Government cut around 2500 jobs from the public service.
“We are not going to cut jobs, we are just simply saying we are capping at 36,000,” he said.
He also said there “may never be asset sales in the year ahead” and “nor am I hell-bent on selling assets”.
“The Crown’s dividend stream from the Meridians, the Mighty Rivers of the world is large…there is no motivation to sell assets” he said.
Watch the video for highlights from the 2008 speech
source: newshub archive