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

 


National waves goodbye to F&P

18 October 2012

National waves goodbye to F&P

Fisher and Paykel appears destined to be sold offshore while the National Government passively waves goodbye, which is a blow to innovation and skilled jobs in this country, says Labour’s Economic Development spokesperson David Cunliffe.

“The threat of an overseas takeover of Fisher and Paykel is now very real and the likelihood of excellent skilled jobs going overseas is worryingly high.

“Fisher and Paykel is a Kiwi innovation icon. It is the sort of company we need more of in New Zealand, not less. But National is just waving it goodbye.

“The implications of its sale to New Zealand are too important leave the takeover approval to officials. Such a major decision must be made by Ministers. That’s Labour’s policy.

“If Fisher and Paykel is sold it will be the latest in a long line of sell-offs, which has seen over 30 high-tech companies go offshore in the past decade. That means a lot of quality, skilled jobs are disappearing.

“Labour is proposing a package of measures to keep companies like Fisher and Paykel in New Zealand. These are universal KiwiSaver to increase investment, pro-growth tax reform to direct that money into innovative companies, export assistance for smart young Kiwi companies, research and development tax credits, incentive to upgrade technology, and active partnerships with regions and industry sectors to create sustainable growth.

“Labour wants to keep important high-tech companies in New Zealand and will work to make that happen. National stands around with its head in the sand. That’s just ostrich economics and it won’t protect Kiwi companies and jobs.

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Scoop Business:
NSA Whistleblower Snowden Says Kiwis Are ‘Being Watched’

Fugitive spying whistleblower Edward Snowden put in an appearance via the internet at tonight’s Internet Party Moment of Truth event to back up his claims that mass surveillance of New Zealanders is already taking place despite government denials.

Snowden had earlier posted an article on The Intercept website entitled “New Zealand’s Prime Minister isn’t telling the truth about mass surveillance”, where he said any statement that mass surveillance isn’t performed in New Zealand, or that internet communications are not comprehensively intercepted and monitored, is categorically false. More>>

 
 

Parliament Today:

Pre-Election Chartering: Four New Partnership Schools To Open

Education Minister Hekia Parata today announced the Government has signed contracts to open four new Partnership Schools in 2015. More>>

ALSO:

Werewolf 50 Out Now - The Election Issue: Loss Leaders

Gordon Campbell: A third term requires a mature decision, with eyes wide open. It calls for a conscious vote of confidence… Without trying hard here are about 19 reasons, in no particular order, for not ticking ‘party vote’ National. More>>

ALSO:

Not-Especially New Plans: All Prisons To Become Working Prisons Under National

All public prisons in New Zealand will become full working prisons by 2017, and ex-prisoners will receive post-release drug addiction treatment if National is returned to government, says Corrections Spokesperson Anne Tolley. More>>

ALSO:

Māngere: "False Claim Of Matai Title" - Labour

National must explain why its candidate for Māngere Misa Fia Turner appears to be using a Matai title she is not entitled to, Labour’s MP for Māngere and Pacific Islands Affairs spokesperson Su’a William Sio says. A Matai title is a legally-recognised ... More>>

ALSO:

CPAG Report: No New Zealand Child Should Grow Up In Poverty

Child Poverty Action Group's flagship policy publication Our Children, Our Choice: Priorities for Policy calls for cross party political agreement to underpin an action plan to eliminate child poverty in New Zealand. More>>

ALSO:

Gordon Campbell:
On National’s Phantom Tax Cut Package

Hmmm. So National’s tax cuts package turns out to be one of those television advertisements that screams a headline promise – perfect skin! a youth tonic that works! – while in very small print there’s an out clause: special conditions may apply. More>>

ALSO:

Water: New Marine Reserves On West Coast Opened

Five new marine reserves were officially opened by Conservation Minister Dr Nick Smith on the West Coast of the South Island to protect a range of marine ecosystems for conservation, science and recreation. More>>

ALSO:

Perception: Study Looks At Trustworthiness And Support Of Politicians

A University of Canterbury marketing study has looked at what impact the Thatcher Effect has on perceptions of trustworthiness and liking of New Zealand politicians leading up to the 2014 general election. More>>

ALSO:

History Lessons: Jamie Whyte At ACT Campaign Opening

It is nearly 20 years since the ACT party was born. Many people no longer remember why it was named ACT. They may imagine that it was on account of our determination to actually do things in parliament rather than simply occupy the seats and collect the salaries. That’s true but it isn’t the right answer... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news