Parliament

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

 

Business Need More Than A Charm Offensive

“The country’s businesses and employers need much more than a charm offensive and a talk-fest from this Government,” National Finance spokesperson Bill English said today.

“The NZIER Quarterly Survey of Business Opinion shows confidence has fallen to similar levels to that experienced during the Asian crisis, and cost pressures are now more widespread than at any time for 13 years.

“The Business Forum next week is clearly too little and way too late to turn confidence around.

“The Government needed to show direction and leadership on economic policy and where it was taking the country months ago. We hoped to get that in June at Budget time and didn’t. Months have passed and business confidence has got worse.

“In my experience New Zealand business want to feel confident but they can’t even see signs that the Government has any confidence in the economy.

“Many people around New Zealand are questioning whether Labour and the Alliance actually have the ideas and ability to provide the leadership needed in Government.

“Confidence is remaining low because of flat activity in the September quarter with expectations of no recovery in the December quarter and the pressure on margins. The cost pressures businesses face are broad based and will lead to further price increases in the months ahead.

“The hit on profitability has lead to negative investment intentions and an expectation of declining employment. Latest consensus forecasts show average GDP expectations of 3.1% for the year to March 2001, down from 4.1% just three months earlier.

“The Government must act on this major crisis of confidence. Continued pessimism is costing us all. “

Ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Bridges’ ‘Meth Crooks’ Leadership Failure

Back in June, Bridges publicly accepted that Housing NZ had got it wrong, and that the National government had acted upon bad advice.

Now, you’d think this admission would create a broad bi-partisan basis for compensation to those families who had been unfairly evicted, at considerable cost and emotional distress. Some people had lost their possessions in trying to meet the expense of the upheaval.

Not everyone felt so compassionate. More>>

 

America's Cup: Environment Court Grants Consents

Auckland Mayor Phil Goff says, “I welcome today’s decision by the Environment Court to grant consent for the bases and associated infrastructure to host the 36th America’s Cup." More>>

ALSO:

Medical: New Surgical Mesh Safeguards

The Government has introduced strict new safeguards on the use of surgical mesh that are expected to limit its use in urogynaecological surgery. More>>

ALSO:

Handley Handling: Fired Chief Technology Officer Releases Communications

In the interests of drawing a line on this issue, today I am releasing a detailed timeline of events and all of the emails and texts between myself and Clare Curran, and myself and the Prime Minister about the role and my move back to New Zealand. More>>

ALSO:

Multimedia & Transcript: Acting PM's Press Conference

Winston Peters, Acting Prime Minister while Jacinda Ardern is in New York for the UN Leaders' Week, held a short press conference Monday after chairing this week's cabinet meeting. More>>

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. More>>

ALSO:

Pay Equity: Cabinet Funds Deal For Oranga Tamariki Social Workers

The Minister said that an agreement in principle has been reached between Oranga Tamariki and the PSA on a settlement worth $114.6m over five years. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels