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

 


Triathlete English must try harder

13 February 2013

Triathlete English must try harder

While Finance Minister makes glib comments that the New Zealand economy is so healthy it is preparing for a triathlon, the real economy is dangerously unbalanced and Kiwi families are paying the price, Green Co-leader Dr Russel Norman said today.

Minister English today confirmed to the Finance and Expenditure Select Committee that he has no plans and no ideas to bring down the dollar to a fair level to save jobs in our exporting and manufacturing sectors, and bring down the burgeoning current account deficit to a sustainable level.

When asked why he wouldn’t adopt the modern policies being successfully used in other countries, Minister English said ‘the UK economy is in the emergency room, New Zealand is out training for a triathlon’.

“While the National Government sits on its hands, Kiwi families are taking part in their own triathlon - synchronised redundancies, family budget hurdles, and the cross-Tasman dash,” said Dr Norman.

“While National continues to do nothing, Kiwi families continue to experience the pain of job losses, face tighter family budgets, and pack their bags for Australia in record numbers.

“This Government promised a re-balanced economy with an export-led recovery and 170,000 more jobs.

“Instead, it has delivered the largest current account deficit in the developed world, another housing bubble, plunging exports of manufactured goods, and 30,000 job losses in the past year.

“Minister English’s recipe is to keep on with the same failed policies and promising different results. It’s madness, which economists are warning will end in catastrophe as our national debt hits critical levels.

“There are sensible, proven alternatives that other countries have used to protect their exporters and save jobs. They all have costs, but the cost of doing nothing is far greater.

“New Zealanders deserve better; they deserve a government that will use smart, green economic ideas to bring down the dollar and get New Zealand working again,” said Dr Norman.

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Parliament Today:

Werewolf: The Defence Pretence

Last year, the world began spending more money on weapons again, for the first time since 2011... New Zealand belongs to a region – Asia and Oceania – where military spending rose sharply in 2015, by 5.4 per cent. More>>

ALSO:

Gordon Campbell: On Not Crying Foul, Argentina

So a couple of guys found to be criminally liable of environmental pollution in Argentina lodge an application with the Overseas Investment Office… in order to buy some prime New Zealand rural land. Seems that their factory back home had carelessly and/or intentionally discharged toxic waste into the Lujan river. Bummer... More>>

ALSO:

Urban & Rural: $303m To Merge And Modernise New Zealand’s Fire Services

Internal Affairs Minister Peter Dunne today announced funding of $303 million over five years to combine urban and rural fire services into one organisation from mid-2017. More>>

ALSO:

High Trust Regime: What Did The PM Tell His Lawyer About Foreign Trusts?

The Government stopped the IRD from reviewing New Zealand foreign trusts shortly after the Prime Minister’s lawyer wrote to the Revenue Minister claiming John Key had promised him the regime would not be changed. More>>

ALSO:

Road Crime: Wicked Campers Vans Classified As Objectionable

The definition of publication includes any "thing that has printed or impressed upon it, or otherwise shown upon it, 1 or more (or a combination of 1 or more) images, representations, signs, statements, or words", The Classification Office has previously classified such 'things' as billboards, t-shirts, and even a drink can. This is the first time the Classification Office has classified a vehicle. More>>

ALSO:

'When New' Repairs: Landmark EQC Settlement

The Earthquake Commission has cut a deal with 98 Canterbury homeowners that affirms the government entity's responsibility to repair earthquake-damaged property to a 'when new' state, as well as covering repairs for undamaged parts of a property and clarifying its position on cash settlement calculations. More>>

ALSO:

Gordon Campbell: On Kiwirail’s Latest Stint In The Dogbox

The denigration of Kiwirail continues. The latest review (based on a 2014 assessment) of the options facing the company have enabled Kiwirail to be hung out to dry once again as a liability and burden on the taxpayer. More>>

ALSO:

Royal Society Report: Good Opportunities To Act Now On Climate Change

There are many actions New Zealand can and should take now to reduce the threat of climate change and transition to a low-carbon economy, a report released today by the Royal Society of New Zealand finds... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news