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

 


More Kiwi jobs sacrificed by Nats’ inaction on dollar

31 January 2013

More Kiwi jobs sacrificed by Nats’ inaction on dollar

Another 192 Kiwis have had their jobs sacrificed because of the National Government’s devotion to a failed monetary policy and its unwillingness to change with the times, Green Party Co-leader Metiria Turei said today.

Summit Wool Spinners, an iconic 130 year-old manufacturer and exporter based in Oamaru, has announced it is closing its factory at the cost of 192 jobs. The company has cited the high dollar as the cause of the closure.

“Another 192 Kiwi workers and their families are facing unemployment because this National Government has failed to act to bring the dollar down,” said Mrs Turei.

“This week, manufacturers came to the Parliamentary Inquiry into Manufacturing and warned us that more businesses would close and more jobs would be lost unless the Government gets the dollar down to a fair level quickly.

“These 192 redundancies, and the other jobs that will surely be lost in Oamaru as the shock of the loss of its iconic employer ripples through the community, are proof that the manufacturers were not exaggerating in their plea for government intervention.

“For four years, John Key has cracked jokes, Steven Joyce has hurled insults, and the Reserve Bank has done nothing while our exchange rate has risen by over 66% against the US Dollar. In those four years, 40,000 manufacturing jobs have been lost as the over-valued exchange rate has hammered exporters’ earnings and helped importers undercut local businesses.

“The time has long past when Mr Key and Mr Joyce could pretend the high dollar doesn’t matter. Kiwi workers and business owners deserve a government that will stand beside them and use the smart, modern tools available to get the dollar down to a fair level. National has made clear it won’t be that government; the Green Party will,” said Mrs Turei.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Gordon Campbell: On Bank Scandals (And Air Crashes)

Last month, the Australian Securities and Investment Commission (ASIC) filed proceedings against Westpac over activities that have some distinct echoes of the Libor scandal. More>>

Budget: Health Funding Must Keep Up With Need

NZNO: “The nursing team has been doing more with less for years. It’s getting to the point that we’re really worried about our colleagues, our patients, our jobs and the level of health care available for people in our country." More>>

ALSO:

Emissions Inventory: Time For The Government To Do The Right Thing

It’s time for the National Government to step up and do the right thing to reduce climate pollution as data shows New Zealand’s greenhouse gas emissions are higher than ever, the Green Party said today. More>>

ALSO:

Budget 2016: More Partnership Schools To Open

Seven new schools will join the eight Partnership Schools already open, along with further new schools opening in 2017. “The growth of this policy is a reflection of the high level of interest from educators and community leaders,” Mr Seymour says. More>>

ALSO:

No Correspondence With English: Did Brownlee Make Up Sale Of Navy Ships ‘On The Hoof?’

Having revealed that several Royal New Zealand Navy vessels have not left port in years, New Zealand First is now asking the Minister of Defence to prove he did not come up with the idea of selling HMNZS Taupo and Pukaki until the media asked him. More>>

Housing Plans: Labour- Abolish Auckland Urban Boundary
The Government should rule out any possibility of an urban growth boundary in Auckland Council’s Unitary Plan if it is serious about fixing the housing crisis. More>>
Greens - State House Solution
The Homes Not Cars policy allows Housing New Zealand to retain its dividend and, in addition, would refund its tax, to spend on the emergency building of around 450 new state houses. More>>

ALSO:

Houses And Taxes: Post-Cabinet, Pre-Budget Press Conference

The Prime Minister said that the pre-budget announcements showed that his Government is “investing in a growing economy”. He re-affirmed the National Government’s commitment to lowering personal tax rates but that any such change must fit with the fiscal reality of the time. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news