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“National is refusing to change outdated economic settings like monetary policy, which currently gives primacy to inflation targets ahead of jobs and the exchange rate.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

Two Dead, One Injured: Suspect Charged After Ashburton Shooting

Russell John Tully has appeared in Christchurch District Court. Tully has been remanded in custody on charges of murder of Peg Noble and Leigh Cleveland and attempted murder of Lindy Curtis.

The victim’s families and the victim have requested that their privacy be respected and will not be making a statement at this time.

Police have formed a picture of what has occurred yesterday and are appealing for further information and sightings .... More

 

Parliament Today:

John Key Press Conference: Ashburton Shootings, Judith Collins Inquiry

Prime Minister John Key has delayed the release of Nationals’ fiscal policy in light of this morning’s shooting at a Work and Income office in Ashburton... Key also answered questions about Judith Collins, and confirmed that independent inquiry will be held with regard to allegations made against Collins. More>>

ALSO:

Internet MANA: Georgina Beyer Rocks The Waka

“There is now, and always will be, a range of views about many issues within our movement and members are free to express them, but Georgina’s views on Kim Dotcom are not shared by the MANA Movement leadership or the vast majority of MANA members and supporters around the country” states MANA Candidate for Waiariki, Annette Sykes. More>>

ALSO:

IGIS Update: Inquiry Into Release Of NZSIS Information

The Inquiry would be conducted in private and individuals would appear before her separately over a period of more than a week. She does not intend to name those summoned to give evidence until her report is published. “I can confirm that all persons summoned will be required to appear under oath...” More>>

ALSO:

Gordon Campbell:
On John Key’s ‘Blame It On Judith’ Strategy

Right now, Prime Minister John Key seems intent on limiting the scope of any inquiry into his government’s dealings with Cameron Slater. The declared aim is to make that inquiry solely about Judith Collins’ behavior with respect to the Serious Fraud Office. More>>

ALSO:

Maori Council Lawyers' Statement: Supreme Court Decision On Maori Water Rights

“…the Supreme Court refused to give Pouakani people what they asked for, but may have given them something much, much better instead… the Supreme Court has questioned whether the Crown owns the River at all.” More>>

ALSO:

Gordon Campbell: On The Debate, And The Collins Accusation

Debating is a peculiar discipline in that what you say is less important than how you’re saying it. Looking poised, being articulate and staying on topic generally wins the day – and on that score, Labour leader David Cunliffe won what turned out to be a bruising encounter with Prime Minister John Key last night on TVNZ. More>>

ALSO:

Gordon Campbell: On Winston Peters' Latest Bout Of Immigrant Bashing

It is only one poll, but rather than cannibalising each other's vote, Colin Craig and Winston Peters do seem to be managing to find the room to co-exist... Few are questioning how Peters got to this happy place, and what it says about the mood of the electorate. More>>

ALSO:

More Immigration News: First People Trafficking Charges

The first people trafficking charges in New Zealand have been brought by Immigration New Zealand (INZ)... The defendants have been charged under the Crimes Act 1961 for arranging by deception the entry of 18 Indian nationals into New Zealand. More>>

Collins 'Misinterprets Media Reports': "Too Compromised To Remain Justice Minister"

Bizarre claims by Judith Collins this morning that she had been cleared of inappropriate behaviour by the Privacy Commissioner demonstrates she is too compromised to remain Justice Minister, Labour MP Grant Robertson says. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news