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

 


‘Rock Star’ economy has Justin Bieber moment

David PARKER

Spokesperson for Finance

24 January 2014              MEDIA STATEMENT

Rock Star’ economy has Justin Bieber moment

National’s much-hyped ‘rock-star’ economy appears to have hit a blip with Treasury saying that corporate tax revenue is less than forecast, says Labour’s Finance spokesperson David Parker.

“Corporate tax revenue is less than forecast, meaning companies aren’t making as much money as expected. That means the economy isn’t going as well as John Key and Bill English like to trumpet.

“If the economy truly is a rock star then it’s having a Justin Bieber moment.

“Despite the hype, National’s economy isn’t delivering for most Kiwi families. As usual under National, the winners are families that are already well off. Meanwhile Kiwi parents are struggling to put food on the table and many can’t even afford a second pair of shoes for their kids.

“This is more evidence that reliance on dairying, held up by record commodity prices, and the Christchurch rebuild are shaky foundations for an economy that needs to be much more diverse.

“Only Labour will deliver an economy for all Kiwis,” David Parker says.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell:
On The Kim Regime

During the Cuban Missile Crisis, the US had a very clear objective and eventually offered a quid pro quo of the removal of some of its own missiles from Turkey. This time, there’s no clarity about what the US is seeking, or offering.

It hasn’t helped that the US and the global media consistently agree on calling North Korea and its leadership “crazy” and “irrational” and urging it to “come to its senses”. When you treat your opponent as being beyond reason, it gets hard to comprehend what their strategy is, let alone work out the terms of a viable compromise. More>>

 

Recovery: Economic Impact Of Kaikōura Quake Revealed

The report details the impact on small businesses and tourism caused by disruptions to transport infrastructure and the economic impacts... The impact on New Zealand’s Gross Domestic Product (GDP) over the first 18 months following the earthquake has been estimated at $450-$500 million. More>>

ALSO:

Human Rights Commission: Urgent Need For Action On Seclusion And Restraint

Chief Human Rights Commissioner David Rutherford says that while the report makes for sobering reading, the focus should now be on how the recommendations can be used to reduce the occurrence of seclusion and restraint in New Zealand and, in circumstances where it is necessary, to improve practices. More>>

ALSO:

CORRECTIONS (March 2017):

SCHOOL SECLUSION ROOMS (2016):

$11bn Capital Spend, New Debt Target: Steven Joyce On Budget Priorities

First, delivering better public services for a growing country – providing all New Zealanders with the opportunity to lead successful independent lives... And finally, we remain committed to reducing the tax burden and in particular the impact of marginal tax rates on lower and middle income earners, when we have the room to do so. More>>

ALSO:

JustSpeak Report: Bail Changes To Blame For New Billion Dollar Prison

In 2013 criminal justice spending was falling and the Government was mulling over what to spend the money on. 3 years later there are 10,000 people in prison and a new billion dollar prison is announced. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news