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

 


Labour’s Economic Upgrade for manufacturing

Labour’s Economic Upgrade for manufacturing

Labour Leader David Cunliffe has today announced his Economic Upgrade for the manufacturing sector – a plan that will create better jobs and higher wages.

“Manufacturing is crucial to the Economic Upgrade New Zealand desperately needs. Labour’s Manufacturing Upgrade will focus on the three ‘I’s of Investment, Innovation and Industry,” says David Cunliffe.

“To boost Investment Labour will provide tax deferrals to companies in advanced manufacturing, as well as in wood processing, which invest in new technology. We will roll this out to other parts of the sector, as it can be afforded. We will also introduce a capital gains tax to get investment into productive businesses rather than the housing sector.

“Our upgrade of monetary policy, which will be announced by David Parker at the end of this month, will help reduce the volatility of our overvalued dollar and help boost exports.

“To increase Innovation Labour will introduce research and development tax credits for all sectors.

“To support Industry Labour’s Buy Kiwi Made policy will set a target of keeping another $200 million a year of government contracting at home rather than sending that work overseas. This will create around 2000 jobs.

“This Government’s attitude to procurement is cheapest is best, even if overseas companies win the contracts. The repeated failures of the KiwiRail wagons shows how wrong they are. Kiwi manufacturers are among the best in the world and deserve a level playing field for procurement contracts.

“The Parliamentary Report into Manufacturing last year set out the blueprint for better jobs and higher wages in the sector. Labour will act on all the recommendations in that report as part of its Economic Upgrade for the manufacturing sector,” David Cunliffe says.

Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Local Governments To Decide: Easter Trading Bill Passes

The union representing working people in the retail industry is condemning the Government for whipping its MPs to pass the controversial Shop Trading Hours Amendment Bill. More>>c

ALSO:

Departure Speech: Governor-General’s State Farewell Luncheon

"...Unfortunately I was unable to get to the Antarctic, the Chatham Islands and the Kermadecs. A dicky heart thwarted our travel to the Antarctic; and even though I volunteered to parachute into the Kermadecs to join the Young Blake expedition, time, commitments and officials frustrated my plans to visit the Kermadecs and Chathams." More>>

ALSO:

New Research: Most Homeless People Working Or Studying

“The cost of housing has been rising without corresponding increases in income, whilst the number of state houses per capita has been in decline. Many low-income people are missing out on housing, whether we recognise them as ‘homeless’ or not. More>>

ALSO:

Post-Traynor: New Offender Info Sharing Plan

“This Bill delivers on that step-change by moving away from name-based records held by individual agencies to a shared, anchor identity based on unalterable information, such as fingerprints and facial recognition. It also gives agencies access to the drivers’ licence photo database and birth, death and marriages information." More>>

  • NZ Law Foundation - New $2M fund for research on information challenges
  • Littoral: New Ship To Deliver Enhanced Naval Capability

    Defence Minister Gerry Brownlee says the Government has approved a Ministry of Defence and New Zealand Defence Force recommendation to request tenders for a new naval ship to support littoral operations. More>>

    July:

    After King's Labour Snub: Māori Party And Kiingitanga To Work Together

    Māori Party Co-leaders Te Ururoa Flavell and Marama Fox met with Kiingitanga representatives in Wellington yesterday to discuss working together on key issues for the betterment of Māori. More>>

    ALSO:

    Waitangi Claim On Rehabilitation: The 'Justus' System For Māori Not Good Enough

    Closing statements at the Waitangi Tribunal case against Corrections called for immediate steps and a comprehensive review to address the high rate of Māori reoffending. More>>

    ALSO:

    Advice: PM Sets Rules For Ministers' Treatment Of Public Servants

    Prime Minister John Key has laid down the law about the way ministers and public servants should interact, saying ministers may not always like the advice they receive, but they must listen to it carefully, respectfully and professionally. More>>

    Gordon Campbell: On The Funding Changes In Special Needs Education, And Uber

    The plan to strip out the educational support for older “special needs” children in order to meet the existing shortfall in funding for special needs in early childhood education is so miserly and relentlessly stupid as to defy belief… More>>

    SPECIAL EDUCATION (& More):

    Online Learning Plans:

    Get More From Scoop

     

    LATEST HEADLINES

     
     
     
     
     
     
     
     
     
    Parliament
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news