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Business Community Doesn’t Share Cullen’s Optimism
Tuesday, 10 April 2001, 3:22 pm
Press Release: ACT New Zealand
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ACT Leader Hon Richard Prebble said the drop in New Zealand
business confidence measured by the NZIER reflects the fact
that people in business look forward.
“The business
community does not share the Finance Minister’s rosy
assumptions that a slowdown in the US, Japan and Australia –
the first time since the Great Depression New Zealand has
faced simultaneously a recession in three of its key trading
partners – won’t have an impact on this country.
“Business
also knows that the Government has put in a layer of extra
compliance costs, so that New Zealand is in many
respects less able to ride out the effects of a global
downturn,” Hon Richard Prebble said.
ENDS
© Scoop Media

Gordon Campbell: On the Sony cyber attack
Given the layers of meta-irony involved, the saga of the Sony cyber attack seemed at the outset more like a snarky European art film than a popcorn entry at the multiplex.
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