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


Productivity the path to prosperity

Don Brash National Finance Spokesman

27 June 2003

Productivity the path to prosperity

The release today of a major report on productivity should silence once and for all the clamour against the reforms of the 80's and 90's, says National's Finance spokesman, Don Brash.

The Treasury report Productivity in New Zealand 1988 to 2002 shows a marked improvement in New Zealand's productivity growth over the 90's.

"Productivity is the building block to growth and this report shows the reforms of the 80's and 90's did lead to higher rates of productivity growth," says Dr Brash.

"This flies in the face of the reforms' harshest critics, including Helen Clark who used this year's Knowledge Wave conference to label them "discredited and discarded."

"Interestingly, the findings mirror a recent Labour Department study which indicated a rise in New Zealand's productivity since the early 1990's and said New Zealand needs more capitalism, not less... Fiscal policy should not scare capital and labour away from New Zealand by over-taxing them," says Dr Brash.

"But try telling that to the Government. Rather than investing in any sound ideas to lift New Zealand's long-term growth prospects, Labour is instead hell-bent on destroying the climate for business growth.

"If we are to have any chance of closing the gap in living standards between New Zealand and Australia, we have to boost productivity. This won't come from a Government that over-taxes and over-regulates the brightest and best in this country.

"Nor will it come from a Government that ignores falling education standards and the problem of growing welfare dependency," says Dr Brash.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Werewolf: What Does Winston Peters Want His Legacy To Be?

A lot of people in New Zealand seem to resent Winston Peters and the power that he appears to have. “Appears” being the operative word. In reality, Peters will have power only up to the point that he uses it.

By next week, he’ll have become just another junior player in an MMP governing arrangement, battling to hold onto the gains he was promised. More>>


Rising Toll: Road Safety Needs To Be A Higher Priority

Official advice released to the Green Party under the Official Information Act shows that the previous National Government dismissed an option to make road safety its most important transport priority after being told the road toll was rising. More>>


Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>


Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>


Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>


Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>


Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>


Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>




Featured InfoPages

Opening the Election