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


Retail trade numbers disappoint again

Spokesperson for Economic Development

14 November 2012 MEDIA STATEMENT
Retail trade numbers disappoint again

Retail sales value, down 0.8% in the last quarter, is yet more evidence that National’s economic management is failing and New Zealand families are worse off, Labour’s economic development spokesperson David Cunliffe said today.

“Unemployment leapt 0.5% in the quarter to a record 7.3% under National so it is not surprising that Kiwi families are spending less,” David Cunliffe said.

“The biggest falls were in supermarket and grocery store sales, which dropped by more than $60 million so Kiwis are spending less on the basics.

“The economy is in trouble. When you have more people out of work, people spend less. The less people spend, businesses make fewer products and more people lose their jobs. This is turning into a dangerous spiral.

“The only significant increase in retail trade was building and hardware, which was up overall because of the Canterbury rebuild. But North Island sales fell.

“The government can take no credit for the inevitable effects of spending insurance money to rebuild our crippled city.

“This is more bad news, as if any were needed, to confirm the National government is fumbling in the economic dark without a torch.”

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Environment And Conservation: Changes To Our Oceans Pose Serious Concerns

New Zealand’s oceans, coasts, and marine wildlife are under growing pressure, according to the first national report from the Ministry for the Environment and Statistics New Zealand about the marine environment. More>>


Police Authority: Use Of Taser Was Disproportionate And Unjustified

The Independent Police Conduct Authority has found that an officer’s second use of a Taser on a mentally unwell Hokitika man was disproportionate and unjustified. More>>


Gordon Campbell: On Holidays, Hekia Parata And Badlands

Hekia Parata, adieu. Reportedly, she’s been ‘passionate’ about education. She has “bravely’ led the charge on the government’s education reforms. In the past week , many of the postscripts to Hekia Parata’s career as Education Minister have sounded like a schoolteacher desperately trying to find some reason why a D student can be marked up to C minus. More>>


Minister of Finance: Plan Shows $100 Billion Infrastructure Projects

Finance Minister Bill English has today launched the Government’s Ten Year Capital Intentions Plan (CIP) which shows a pipeline of $100.9 billion worth of infrastructure projects over the next decade. More>>


Werewolf: Safe Landings Gordon Campbell on the safety challenge to the Wellington runway extension.

The safety-related legal challenge revolves around the size of the 90 metre long Runway End Safety Area (RESA) being proposed for the runway extension. More>>


Environment Commissioner: We Need To Work Together On Climate Change And Farming

“The debate around agricultural emissions and the ETS has been polarised for too long,” said the Commissioner. “But the ETS is not the only way forward – there are other things that can be done.” More>>


NZ Super Fund: Seeking To Put A Market Price On Climate Change

Oct. 19 (BusinessDesk) - The New Zealand Superannuation Fund says it will devise a set of rules to assess investment winners and losers under climate change, a strategy that could rule out fossil fuels or producers such as current portfolio member Exxon ... More>>


Rejuvenation: Parata Will Not Contest 2017 Election

Education Minister and National List MP Hekia Parata has today announced that she will not be contesting the next election. She advised the Prime Minister of her decision earlier this year. More>>

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news