Parliament

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

 

Rise in imports points to need for self-reliance

25 May 2001

Rise in imports points to need for self-reliance strategy

The day after the Green's budget speech challenged the government to end its exclusive focus on exporting, the latest trade figures reinforced the party's concerns.

Statistics New Zealand figures released today show a rising imports trend over the last two months to take the annual cost of imports to $31.5B, up 11.6% on the previous April year.

"It's good to see the annual trade deficit drop below $1B for the first time in three years, but the message from the latest figures is that we can't fly on one wing," said Green Party co-leader Rod Donald.

"While exports are rising on the back of a low dollar, imports are also increasing, despite their higher cost.

"In particular the imports of consumption goods rose 12% during the year. Most of these goods and used to be and could still be made in New Zealand.

"Our challenge to the government is to put resources into encouraging ministries, departments, councils, businesses and the public to buy New Zealand-made and our challenge to the people of this country is to think about more than the up front cost of a product when they go shopping.

"Buying local will not only help to get our trade deficit back in the black, it also generates jobs.

Mr Donald said the Ministry of Commerce has produced figures that show for every million dollars of import substitution we achieve, 16 jobs are created along with all the benefits which flow-on from that.

"If we reduced our imports of such basic items as biscuits, ice-cream, tinned food, clothing and shoes to the level they were 10 years ago, we would have a massive trade surplus and 60,000 more jobs making these goods here, putting us well on the way to achieving full employment."

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Principals' Federation:
End Of National Standards

Today the Minister of Education announced that the Government has stopped the controversial National Standards system of assessment and declared them an arbitrary measure which did not raise children's achievement as the previous Government intended.

"This is such a win for all the principals who never believed in national standards and who, for the past decade, have argued for what is morally right for our nation's young people and their learning," said Cormick. More>>

 

Public Good: People’s Report On Public Broadcasting And Media Presented

The People’s Commission on Public Broadcasting and Media, was crowdfunded and was informed by an extensive consultation, seeking the views of both those working in Media as well as gathering input both online and in person from ordinary Citizens. More>>

ALSO:

RBNZ To RNZB: PM's Press Conference

Prime Minister Jacinda Adern was joined by Minister of Finance Grant Robertson and Minister for Children Tracey Martin to announce the appointment of Adrian Orr as the new Governor of the Reserve Bank and the name change of the Ministry for Vulnerable Children to ‘Oranga Tamariki - Ministry for Children’. More>>

ALSO:

'Taming Globalised Capital': Why Is Labour Supporting Investment Rules In WTO?

‘Today, we learned the new government has added New Zealand’s name to a proposal designed to lead to foreign investment rules in the WTO at this week’s ministerial meeting in Argentina,’ said Auckland University Professor Jane Kelsey. More>>

ALSO:

Gordon Campbell: On The Politics Of Scaring Voters Back Into Line

Fear has always been a useful mobilising tool in politics… yet in 2017, bogeymen of all shapes and sizes seem to have fallen on hard times. For years, the National party had painted itself as being the only reliable defensive bastion against the terrifying prospect of a centre-left government… More>>

ALSO:

Gordon Campbell: On Drinking Water As A Failure Of Political Leadership

It is almost possible to feel sorry for the Health Ministry in their terrible, no good, very bad week... More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages