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

Full Scoop Coverage: NZ Budget 2013

Arguably Reassuring: Inspector-General Finds GCSB "Arguably" Legal

Of the 88 individuals:

• 15 cases involving 22 individuals did not have any information intercepted by GCSB.

• another four cases involving five individuals were the subjects of a New Zealand Security Intelligence Service warrant and the GCSB assisted in the execution of the warrants. The Inspector-General is of the view that there were arguably no breaches and the law is unclear.

• the Bureau only provided technical assistance which did not involve interception of communications, involving three of the individuals, so no breach occurred.

• the remaining cases involved the collection of metadata, and the Inspector-General formed the view that there had arguably been no breach, noting once again that the law is unclear.
More>>

 

Parliament Today:

Unsold Energy: Government "At War With Solid Energy Board"

Despite having known the scale of Solid Energy’s troubles for years the Government was prepping the company for sale just days before it cut 400 jobs and revealed it was in serious trouble, says Labour’s SOEs spokesperson Clayton Cosgrove. More>>

ALSO:

Special Schools: Salisbury Stays open After Court Ruling, Community Pressure

The Minister of Education Hon Hekia Parata met with Salisbury School students and the Board this morning and confirmed that Salisbury will remain open as part of the delivery of service within the new Intensive Wrap-Around Service, along with the other two residential special schools. More>>

ALSO:

Gordon Campbell: On The Government’s Trampling On The Rights Of Family Carers

Don’t want to be unduly alarmist about this, but we seem to have an outlaw government on our hands – if by that we mean a government willing to suspend the ability of citizens to seek the courts’ protection if and when the government violates freedoms set out in our Bill of Rights. More>>

ALSO:

Wellington Local Government Survey Results: "Support For Change"

Almost 2000 submissions have been received by the four Wellington councils consulting on possible change to the region’s local government, demonstrating support for change. More>>

ALSO:

Wellington.Scoop: Derailment Stops Wellington Train Services

A morning derailment stopped all Wellington train services for most of the day Monday. A KiwiRail spokesperson said the derailment had involved the 7.43am train from Porirua and there were no reported injuries. More>>

ALSO:

Salvation Army Report: Pacific Peoples Making Progress Despite Increasing Adversity

Co-author Ronji Tanielu says the report shows that while Pacific communities continue to face social, health, education, and economic problems that became pronounced in the 1970s, and in many cases have worsened, the Pacific community is tenaciously making progress in some areas, but struggling in others. More>>

ALSO:

Trans-Pacific Trade Agreement: NZ-Born Fair Deal Coalition Gets Global Makeover

The Fair Deal Coalition announces that it is ramping up its presence with a global publicity and education campaign that will raise awareness of intellectual property rights proposals in the Trans Pacific Partnership (TPP). More>>

ALSO:

Gordon Campbell: On The 2013 Budget

We are apparently on track for a margin-of-error $75 million surplus, now in sight for 2014/15. But this sickly creature is hobbling out of the lab on the basis of all kinds of facilitative conjuring... With this strictly nominal surplus in sight, the 1984-ish justification for eternal austerity will have a news talisman: namely, getting Crown debt down to 20% of GDP by 2020. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

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