Parliament

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

 

Joyce doesn’t get it

Joyce doesn’t get it

Steven Joyce’s shallow attack on our monetary policy display his fundamental lack of understanding says Labour’s finance spokesperson David Parker.

“Labour’s monetary policy changes include Universal Kiwisaver, varied use of prudential tools, a Capital Gains Tax (excluding the family home), Kiwibuild, restrictions on foreign buyers purchasing existing homes and farmland and a more sophisticated approach to immigration peaks -as well as the VSR.

“The measures would together take inflations out of the economy with less pressure on interest rates.

“Given that most economists and commentators already understand this, National and Mr Joyce’s narrow and outdated view of the world is becoming obvious.

“Labour is determined to get New Zealand’s interest rates, which are higher then overseas through the cycle , back to the lower levels of comparable countries.

“Labour policies will see New Zealanders save money, pay lower interest bills and give New Zealanders a more secure future .Our businesses will do better too and we will sustain more secure and well paid jobs.

“National’s Sunday night attempts to discredit us are motivated by a fear that Kiwis see the commonsense at the heart of Labour’s plan.”

Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On DHB Deficits And Free Trade

Currently the world is looking on aghast at the Trump administration’s plans to slash Obamacare, mainly in order to finance massive tax changes that will deliver most of their gains to the wealthy. Lives will be lost in the trade-off. Millions of Americans stand to lose access to the healthcare they need.

Spot the difference with New Zealand, where DHBs are under intense pressure to reduce deficits within a climate of chronic underfunding. More>>

 
 

Greens' Response: Slum-Like Rentals Exposed In Renting Review

“...The grim findings of the review are a wakeup call about the true state of rentals in this country. Too many renters are festering in slum-like conditions under the thumb of landlords who have largely unchecked powers and ignore tenants’ complaints when it suits them.” More>>

ALSO:

Gordon Campbell: On The Life And Times Of Peter Dunne

The unkind might talk of sinking ships, others could be more reminded of a loaded revolver left on the desk by his Cabinet colleagues as they closed the door behind them, now that the polls in Ohariu had confirmed he was no longer of much use to National. More>>

ALSO:

Gordon Campbell: On Labour’s Campaign Launch

One of the key motifs of Ardern’s speech was her repeated use of the phrase – “Now, what?” Cleverly, that looks like being Labour’s response to National’s ‘steady as it goes’ warning against not putting the economic ‘gains’ at risk. More>>

ALSO:

Lyndon Hood: Social Welfare, Explained

Speaking as someone who has seen better times and nowadays mostly operates by being really annoying and humiliating to deal with, I have some fellow feeling with the current system, so I’ll take this chance to set a few things straight.. More>>

ALSO:

Deregistered: Independent Board Decision On Family First

The Board considers that Family First has a purpose to promote its own particular views about marriage and the traditional family that cannot be determined to be for the public benefit in a way previously accepted as charitable... More>>

ALSO:

Transport Policies: Nats' New $10.5bn Roads Of National Significance

National is committing to the next generation of Roads of National Significance, National Party Transport Spokesperson Simon Bridges says. More>>

ALSO:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election