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

 


High Dollar is Killing New Zealand’s Future


Rt Hon Winston Peters
New Zealand First Leader
26 February 2013

High Dollar is Killing New Zealand’s Future

New Zealand First says Prime Minister John Key is living in Lala Land if he believes that the popularity of the NZ dollar with currency speculators is proof of our economy doing well.

Mr Key said on television this morning that life was good for New Zealand consumers, and that the trading of our dollar was a positive sign.

Rt Hon Winston Peters says Mr Key missed the entire economic point when making his seriously misguided comments.

“Mr Key is talking about consumption of goods which are largely imported into the country, but is totally ignoring the plight of our manufacturing and export sector.

“There is no way to increase the prosperity of the country, and make life better for New Zealanders, if we don’t tackle our overvalued dollar.

“In that way we go right to the heart of the matter which is about boosting our manufacturing sector, creating more jobs and real wealth.

“To stick with National’s hands off approach will see a continuation of big job losses such as those either announced or flagged at companies such as Mainzeal, Telecom, Solid Energy, Summit Wool Spinners, Transpacific Industries, Geon Group, ANZ, NZ Post, and APN.

“Closure after closure has one common factor – they all mention the high dollar.

“Mr Key should ask those workers what they would rather have. A cheap flat screen TV or a good paying job to feed their family,” says Mr Peters.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>

ALSO:

Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>

ALSO:

More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>

ALSO:

Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>

ALSO:

Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>

ALSO:

General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news