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Government Must Give Economy A Helping Hand

Government Must Give Economy A Helping Hand

Thursday 8th Feb 2001 Rodney Hide Media Release -- Economy

The lower unemployment figures are good news for the unemployed, ACT’s Finance Spokesman Rodney Hide said. “But the problem we have is that the Government has done nothing to help employers boost the economy – quite the reverse,” he said.

“It is now more costly to employ a person than it was a year ago. The Employment Relations Act makes it hard to sack an employee – which means they are less likely to be offered a job in the first place.

“To really beat unemployment and encourage sustainable economic growth, New Zealand needs to free up the labour market and drop taxes. This Government has gone the other way,” Rodney Hide said.

ENDS

For more information visit ACT online at http://www.act.org.nz or contact the ACT Parliamentary Office at act@parliament.govt.nz.

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