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

 


Xmas Grinch petrol price hike oils the wheels to surplus

David
Shearer
Labour Leader

18 December 2012 MEDIA STATEMENT

Xmas Grinch petrol price hike oils the wheels to surplus

The only way that National can reach surplus in 2014-15 is to hammer Kiwi motorists by jacking up petrol prices, says Labour Leader David Shearer.

“This isn’t the Christmas present that Kiwis expected. They’re finding it hard enough to pay the bills now, let alone having to pay more for petrol to paper over the cracks in National’s books.

“National’s promise on the surplus is too big to break. It has to get there. But it’s forecast to get there with a razor-thin margin of just $66 million by cutting jobs, selling assets and raising prices at the petrol pumps.

“New Zealanders deserve better than a Government that is out of ideas and is just managing our decline.

“Our economy is stagnating with growth predictions downgraded to stay below 3% over the next few years. There are 175,000 people looking for a job. And almost the same number have left for Australia.

“In the next three years, unemployment will continue to remain high. National’s growth will not be high enough to create the jobs needed. And even those who have a job won’t be able to get ahead with wage growth expected to be lower for the next five years than it was this year.

“The disappointing outlook sums up National’s unofficial policy: managing our decline. It blames the global financial crisis for our economic woes. But the truth is we are doing worse than many countries in the developed world.

“In September 2008, our unemployment rate was the eighth best in the OECD. It has now dropped to 15th.

“National is out of ideas and has let New Zealanders down. Instead of getting stuck in, they’re standing on the side-lines.

“We are losing jobs because our exporters are struggling and as a country we’re spending much more than we’re earning. Our current account deficit is the worst in the developed world, bar Greece.

“National is refusing to change outdated economic settings like monetary policy, which currently gives primacy to inflation targets ahead of jobs and the exchange rate.

“National’s only ideas are to cut jobs and services and to sell our assets. It is putting all its hopes on the Canterbury rebuild to create growth.

“Labour will be hands-on with the focus on creating jobs and supporting businesses to get us back in the black.

“We’ve had four years of disappointment and broken promises under John Key along with rosy forecasts followed by depressing downgrades. As these forecasts show, we can’t afford four more,” said David Shearer.


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Full Scoop Coverage: NZ Budget 2013

Gordon Campbell: On Failures Of Care For Those With Mental Disabilities

Hard to imagine a more disturbing insight into the treatment of the vulnerable than the Health Ministry report on Te Roopu Taurima o Manukau. The Ministry has found that the country’s only kaupapa Maori intellectual disability residential care provider has been “seriously dysfunctional.”

The ministry says the business has failed to recruit and retain quality staff – and says the kaimahi (caregivers) that have been employed are seriously unsuitable for the job, lacking basic knowledge. But Te Roopu Taurima o Manukau doesn’t get all the blame. The report says there’s a significant gap under disability laws to ensure there’s oversight by qualified clinical professionals. More>>

 

Parliament Today:

Judgment: Court Finds Against Legal Aid Changes

The Court has allowed in part an appeal by the Criminal Bar Association from a judgment of the High Court concerning the lawfulness of the Government’s criminal legal aid policy. More>>

Mighty River: 'Mum And Dad’ Investors Myth Busted

Green Party research, confirmed by Treasury, shows that half of the shares in Mighty River Power that National sold to retail investors went to just 13,000 people and that 10 percent of the retail shares went to just 400 wealthy people and organisations. More>>

Lockwood in London: Answers Needed On High Commissioner’s Residence

New Zealand taxpayers should be told why they are having to fork out $7500 a week to pay for alternative premises for the High Commissioner in London while the official residence remains empty, Labour’s Foreign Affairs spokesperson, Phil Goff, says. More>>

ALSO:

Wellington: Council Kick-Starts Airport Extension

Mayor Celia Wade-Brown said today that a runway extension is crucial to attracting long-haul international flights to the Capital City and will grow the economy of the lower North Island. More>>

ALSO:

Burst Of Psychoactivity: Legal Highs Bill To Be "Even Faster-Tracked"

Associate Health Minister Peter Dunne wants to push the Psychoactive Substances Bill through Parliament faster than planned when it returns from the select committee in mid-June, with the aim of having the legislation in place in July. More>>

ALSO:

Colin Craig: New Twitter Security Welcomed

Conservative Party leader Colin Craig is welcoming the announcement from Twitter today that new security measures are being introduced. This announcement coincidentally follows yesterday’s hijacking of his twitter account. More>>

ALSO:

"Unlawful, Unjustified And Unreasonable": Report Into Urewera Raids Finds Police Acted Unlawfully

IPCA Chair Judge Sir David Carruthers said today that the decision to undertake the operation in Ruatoki Valley and elsewhere on 15 October 2007 was reasonable and justified. “However, the road blocks established by Police at Ruatoki and Taneatua were unlawful, unjustified and unreasonable... ” The detention of the occupants at five properties examined by the Authority was unlawful and unreasonable. More>>

ALSO:

Better Insulate Than Never: Reaching For The Rug This Winter? You’re Not Alone

The nationwide Canstar Blue survey - of 2060 people examining consumer satisfaction with electricity providers - found that more than one third (36%) of respondents can’t afford to heat their home adequately in the winter, with Gen Ys and women finding it the toughest. More>>

ALSO:

One More Stays Open: Interim Decisions For Five Aranui Schools

“The proposal for a new campus originally included all five schools in the Aranui area. In reviewing the submissions and undertaking further analysis – with a focus on ensuring an exciting brand new education concept for Aranui children – we can achieve this and maintain a strong intermediate option in Chisnallwood. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

More RSS  RSS
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news