Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 


Labour's leftward lurch continues

Hon Steven Joyce

Minister for Economic Development 

2 November 2013         

Media Statement       

Labour's leftward lurch continues

The Labour Party seems determined to continue ignoring all the evidence that New Zealand is on the right economic track, by promoting a radical shift into a state-controlled economy reminiscent of the 1970s, Economic Development Minister Steven Joyce says.
 
After another month when business confidence, employment intentions, consumer confidence, and net immigration continue to rise, Labour's leadership are keeping their heads in the sand and suggesting what the country needs is a radical step back to the past with less opportunity, fewer jobs for New Zealanders, and more state control.
 
"They haven't learnt. It was a Labour Government that drove New Zealand into a recession before the GFC, while it is the National Government that is lifting New Zealand out ahead of most of the developed world,” Mr Joyce says.
 
"And yet Labour's leaders want to drag New Zealand not just back to 2008 but all the way to the 1970s.
 
"According to Labour, the Government should take political control of electricity, house building and now insurance. They want to remove the independence of the Reserve Bank, and they want to go back to a rigid national pay system, where everyone gets the same no matter who they work for or how hard they work; and they want to increase taxes on productive businesses that grow jobs.
 
“With the IMF saying that New Zealand is on track to be one of the strongest developed economies in the next few years; with businesses growing and adding jobs, and with low cost of living increases and low interest rates; New Zealanders are entitled to ask which planet are these people on?
 
"With the Government's careful, conservative, and sensible economic policies starting to pay off for New Zealand, this is no time for Mr Cunliffe and Mr Parker to start trying their pet socialist theories out on the finely-tuned and increasingly strong New Zealand economy."

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

PM's Presser: ‘Precarious’ Solid Energy In Banks’ Hands

Liquidation of state-owned coal company Solid Energy “cannot be ruled out” but is “not the number one preferred option of the government,” says Prime Minister John Key, who confirmed the beleaguered company was discussed today at Cabinet as its banking syndicate grapples with its commercially dire prospects. More>>

ALSO:

Missed Opportunities: Amnesty International Report Card On NZ's UN Role

As New Zealand steps down from its month as President of the Council, Amnesty International has taken the opportunity to review New Zealand’s role on the Council so far and assess their performance and contribution to protecting human rights worldwide. More>>

ALSO:

Prince Charles Get More Jobs: PM Announces Honorary Military Appointments

PM John Key has announced that Her Majesty The Queen has approved the appointment of HRH The Prince of Wales to three honorary positions: Admiral of the Fleet of the Royal New Zealand Navy; Field Marshal, New Zealand Army; Marshal of the Royal New Zealand Air Force. More>>

ALSO:

No TPP Deal: Gordon Campbell On Why We Should Still Oppose Investor-State Dispute Measures

Even in this dark hour for the TPP, the secrecy farce continues... What is left to hide? Every single negotiator went into those talks in Maui knowing exactly where everyone else stood. More>>

REACTION:

Salvation Army On Homelessness: Hard Times In West Auckland

The report details an uncomfortable story of people whose only option is to live an unhealthy, dangerous and damaging street life... The social housing needed by these people is not currently available in sufficient quantity. More social housing is required in the West. More>>

ALSO:

Message For PM: NZ Supports Te Reo Māori – You Should Too

As Māori Language Week celebrations and commemoration of 40 years draws to an end, the Māori Language Commission, Te Taura Whiri i te Reo Māori, is once again hugely encouraged by the widespread support for Māori language from throughout the country ... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news