Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Greens call for tariffs as imports soar

01 May 2000

Greens call for tariffs as imports soar

Green Co-Leader Rod Donald today called for new tariffs on imports after the announcement of a shock trade deficit for March.

Economists had expected over a $100 million surplus for March, but figures released today showed that the trade balance for the month is a deficit of $38 million. The average trade balance for March over the last 10 years is a $211 million surplus.

"We want the Government to give serious consideration to implementing new import tariffs," said Mr Donald. "The previous Government's policy of reducing tariffs has been a disaster, and the current Government's policy of relying solely on boosting exports isn't working."

According to Statistics New Zealand, exports are rising too slowly to cover the growth in imports.

"I challenge the Government to come up with a workable alternative which will stop our insatiable demand for imports from suffocating our economy. Despite the Alliance's pre-election stance on tariffs, the new Government doesn't seem prepared to even investigate the benefits of introducing new tariffs," he said.

Mr Donald said the growth in imports of clothing and textiles was indicative of the harm done when tariffs are removed.

"Figures prepared for the Ministry of Economic Development, show that 15.7 jobs are lost in New Zealand for every $1 million of imported consumer goods," said Mr Donald.

The annual trade balance up to March 2000 worsened to a deficit of $3.5 billion, compared to a $1.1 billion deficit in March 1999.

"These worse than expected figures don't bode well for the up-coming March balance of payments figures, despite Finance Minister Michael Cullen's recent optimism that they will show some improvement."

Rod Donald MP: (03) 332 5765 or 025 507 183 Gina Dempster, press secretary: (04) 470 6723 or 021 1265 289


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

General Assembly: Ardern Rejects Trump Call For War On Drugs

New Zealand will not be signing the United States' document calling for global action on the war on drugs, Prime Minister Jacinda Ardern says.

Ms Ardern is in New York for the United Nations General Assembly this week, along with about 140 other world leaders.

US President Donald Trump is kicking off his week at the UN by holding an event to promote the US document called the Global Call to Action on the World Drug Problem. More>>

 

Hunting v Pest Control: Tahr Control Needed To Protect Alpine Habitats

A cull of introduced Himalayan tahr browsing conservation land in Kā Tiritiri o Te Moana/ the Southern Alps is needed to protect special alpine plants and their habitats, Conservation Minister, Eugenie Sage said. More>>

ALSO:

Protest At Sea: Judge Discharges Greenpeace Activists

The judge today discharged Norman and Howell without conviction, saying the cumulative consequences of a conviction would be out of proportion to what was “low level” offending off the Wairarapa coast in April 2017. More>>

ALSO:

Meth Testing Report: Housing NZ "To Right Wrong"

Phil Twyford “Housing NZ acknowledges that around 800 tenants suffered by either losing their tenancies, losing their possessions, being suspended from the public housing waiting list, negative effects on their credit ratings or, in the worst cases, being made homeless.” More>>

ALSO:

No Reshuffle: Meka Whaitiri Removed As A Minister

Meka Whaitiri will be removed as a Minister with immediate effect... The decision was made after receiving a report into an incident that occurred on 27 August in Gisborne, involving Meka Whaitiri and one of her staff. More>>

ALSO:

Pay Equity Bill: Making History For Women’s Pay

The Equal Pay Amendment Bill, introduced to the House today, will make it easier for workers to make a pay equity claim , using a more simple and accessible process within New Zealand’s existing bargaining framework. More>>

ALSO:

Asylum: Refugee Quota Increasing To 1500

“The quota increase will take place from July 2020. In the meantime, we will work to increase the number and spread of refugee resettlement and support services. We need to make sure we’re prepared for this change in policy.” More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels