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


English struggling to argue monetary policy


Spokesperson for Finance
English struggling to argue monetary policy

Bill English is tying himself in knots but still can’t come up with a reason to attack Labour’s forward-thinking monetary policy and justify the status quo, Labour’s Finance spokesperson David Parker says.

“Bill English has criticised Labour’s objective of bringing the dollar down to a fair level, only to say in the same breath that it is bad the dollar is so high!

“The Finance Minister then complained Labour’s policy offers nothing new, before turning around and claiming it has never been done before!

“A Labour government will deliver lower interest rates, a fair exchange rate and more jobs. We will use KiwiSaver to help dampen inflation instead of only interest rates.

“New Zealanders prefer to save more, rather than pay more interest to the banks.

“National is desperately searching for an excuse to oppose this sophisticated change which will help exporters by taking pressure off our over-valued currency. The truth is the system they’re defending isn’t working for New Zealand.

“Labour’s plans are good for Kiwis and the economy because more money stays in New Zealand, rather than going to overseas lenders.

“National needs to stop floundering and explain why their policy, which hurts families and businesses, is better.

“Bill English is waiting for polling and focus groups to get his lines right. Meanwhile the public is listening to Labour,” David Parker says.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines



Gordon Campbell: On John Key’s Trip To Iraq

In the embedded press coverage on this trip, the absence so far of any evaluation of the wider context of what New Zealand thinks it is doing at Camp Taji has been striking. More>>


Labour: Parata Puts Brakes On Charter School Appraisal

“When the Ministry of Education recommended they compare the achievements of children at charter schools to those of their counterparts at state schools, the documents show Hekia Parata specifically prohibited them from doing so." More>>


Bad Day For Universities: Gun, Bomb Threats On Three Campuses

Dunedin Police are continuing their investigation into the threat made against the University of Otago. Staff are following a number of lines of inquiry, and police are working to verify the authenticity and source of the post. More>>


Gordon Campbell: On The TPP Deal Reached In Atlanta

Yes, the TPP has helped to knock a few points off the tariffs facing our exporters. Yet some of those alleged dollar gains may well have been made regardless over time – and without the negative baggage of the concessions in the non-trade areas (intellectual property, copyright extensions, investor-state dispute mechanisms etc) that the TPP deal also brings in its wake. More>> (Cartoon by Dave Wolland)

Public Summaries:


Wellington.Scoop: Serco – First The Prisons, And Now It Wants To Run The Trains

As the government continues its inquiry into Serco’s discredited administration of Mt Eden prison in Auckland, here in Wellington there’s further scrutiny of the British outsourcing company – because it’s competing to take over the running of our commuter trains. More>>


Pre-Signing: Gordon Campbell On The TPP Countdown

To date, the Key government has been unwilling to share any information about this TPP deal until it is too late for outraged public opinion to affect the outcome... the disclosure process is likely to consist of a similarly skewed and careful exercise in spin. More>>


Australia Deportations: English Relaxed On Immigration Centre Conditions

Labour's Annette King: “There have been numerous reports from inside these detention centres on just how bad conditions are... If they were being held in any other foreign jail, I imagine Mr English would be somewhat concerned. More>>


Schools: Achievement-Based Funding Would Be A Disaster

The Education Minister’s speech to the PPTA Conference raising the spectre of achievement data driving a new funding system would be disastrous, says NZEI Te Riu Roa. More>>

  • Video Out-Link - PPTA Annual Conference 2015 on Livestream (Q+A dicussion suggests funding would be directed to less successful schools.)

  • ALSO:

    ECE Report:

    Get More From Scoop



    Search Scoop  
    Powered by Vodafone
    NZ independent news