Parliament

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

 

Strong imports show need for buy-local strategy


June 27 2000

Strong imports show need for buy-local strategy

Higher import prices have failed to dampen our insatiable thirst for imports, Green Party co-leader Rod Donald said today.

Provisional trade figures released today show that demand for imports is still much stronger than expected, despite an estimated rise in import prices of around 15 per cent in the last year.

"These latest figures show that the Government has to show strong leadership in tackling the uncontrolled growth of imports," said Mr Donald. "Only a 'buy-local' strategy will get the trade balance back into the black, and kick-start job creation in New Zealand."

Mr Donald said buying local could be as simple as looking for locally made porridge or biscuits.

"The recent announcement that Goodman Fielder is closing its Fleming's oatmill in Gore spells unemployment for 36 workers and the end of an income for 50 farmers who grow the oats - and we will be importing more of yet another basic foodstuff from overseas.

"Buying porridge or biscuits from overseas is an example of free trade gone mad. New Zealand food is as good as food from overseas, and producing it here will help to keep New Zealanders in a job."

Imports of consumer goods, including food, are now worth 6.8 per cent of GDP ($6.85B), more than double ten years ago ($3.19B or 4.5 per cent of GDP).

"If we had met our increased demand for consumption goods over the last ten years with locally made products instead of imported goods, then we would have a small trade surplus now," said Mr Donald.

"Instead New Zealand's trade deficit over the year to May was a disastrous 3.38B - setting a record of six annual deficits in a row since May 1995 and more than twice the previous worst May deficit of $1.43B last year."

Rod Donald MP: 04 470 6660 or 025 507 183 Gina Dempster, Press secretary: 04 470 6723 or 021 1265 289


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

PM's Press Conference: Pike Re-Entry Agency

At today's post-cabinet press conference Prime Minister Jacinda Ardern was joined by Minister Responsible for Pike River Re-entry Andrew Little to announce plans for the new agency for re-entry of the mine.

The Pike River Recovery Agency, Te Kahui Whakamana Rua Tekau ma Iwa, will be officially established on 31 January 2018 and will work with the Pike River families with the intention of manned entry of the drift before March 2019. More>>

 

Foreign Affairs: Patrick Gower Interviews Jacinda Ardern

Prime Minister Jacinda Ardern says discussions have already begun on how to bring climate change refugees into New Zealand under a Pacific seasonal employment plan... More>>

ALSO:

Gordon Campbell: On The Centre Right’s Love Of ‘Nanny State’

You’d almost think it was 2005 again. That was a time when the rugged individualists of the centre-right were being beset by government regulations on the nature of light-bulbs, the size of shower heads, the junk food available at school tuck shops and other such essentials... More>>

Speaking Of Transport: Public Engagement On Wellington Scenarios

“Our work on possible solutions for Wellington’s transport future is ongoing, but has progressed to the stage where we’re ready to share our ideas with the public and seek their feedback to help guide our next steps...” More>>

ALSO:

Parental Leave: National's Time-Sharing Change Fails

National has proposed a change to the Parental Leave and Employment Protection Amendment Bill that would allow both parents to take paid parental leave at the same time, if that is what suits them best. More>>

ALSO:

Train Free Thursday: Workers Strike To Defend Terms Of Employment

"They signed up to these conditions a year ago when they got the contract for Wellington's rail services. Now they're trying to increase profits by squeezing frontline workers." More>>

ALSO:

Seclusion: Ombudsman Emphasises Importance Of Monitoring

Disability Rights Commissioner Paula Tesoriero says that while there have been changes to the Education (Update) Amendment Act 2017 to prohibit the use of seclusion, the report is an important reminder of the importance of regular monitoring of schools. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election