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

 


High dollar, Government neglect sinks Kiwi boat building

David

CUNLIFFE

Labour Leader


26 June 2014 MEDIA STATEMENT
High dollar, Government neglect sinks Kiwi boat building

The New Zealand marine industry is sinking thanks to a falsely high dollar and a Government asleep at the wheel, Labour Leader David Cunliffe said today while visiting Oceania Marine in Whangarei.

“The marine industry is in full scale collapse; hundreds of workers have lost their jobs, a few firms are just hanging on. This is an industry in crisis.

“Industry players say having the dollar at US87 cents makes the industry uncompetitive.

“Labour's monetary policy will keep the dollar at more competitive levels using savings and implementing changes to the Reserve Bank Act to focus on exports. This would mean a lower average dollar and less volatility so that business can be more competitive.

“Labour’s Alternative Budget released yesterday confirms our commitment to a competitive boat building industry.

“A capital gains tax will help direct capital to where it’s most needed and can create the most jobs. KiwiSaver and a boosted New Zealand Super Fund will make domestic capital available to fund business investment.

“Labour's monetary policy will help adjust the dollar down and keep jobs at home. Labour’s economic development policies will create jobs through strategic partnerships between government and businesses. Kiwis suffer when Kiwi jobs go overseas.

“National is adding insult to injury by buying a ferry from Bangladesh while our own boat builders are being thrown out on the street.

“Something’s got to change. Labour has the determination to put Kiwi workers and Kiwi businesses first,” David Cunliffe says.


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Greens: Oil Drilling Face-Off With Labour

The plan is the second component of the Party’s environmental priority this election: Rivers clean enough to swim in again, and beaches safe from oil spills.

The Green Party loves New Zealand and will create a cleaner environment where our beaches remain open for swimming, not closed for oil spills.

The key policy points in the Green Party’s plan to protect our beaches from oil spills are to:
1. Prohibit deep sea oil drilling;
2. Implement compulsory shipping lanes for coastal shipping;
3. Build Maritime New Zealand’s oil spill response capability; and
4. Introduce a stronger legal framework so that when accidents do happen, the New Zealand taxpayer does not have to pay for the clean-up. More>>

 

Parliament Today:

Minister Told Of FBI Investigation, Says INZ: Coleman Must Quit Or Be Sacked Over Dotcom Case - Harré

Immigration New Zealand has done the right thing in distancing itself from Jonathan Coleman’s claims that ministers were not aware of FBI involvement in Kim Dotcom’s residency application, says the Internet Party. More>>

ALSO:

Valedictory Season: Maori Party Founders Say Goodbye

Two major Maori MPs gave there farewell speeches to Parliament Thursday outlining their history, experiences, triumphs and regrets. More>>

ALSO:

Resignation Not Accepted: Transport Minister Breaches Aviation Security Rules

"Running late for a plane at Christchurch Airport, I without thought breached airport and airline security rules by entering the gate lounge through a door usually used for exit only..." More>>

ALSO:

TAIC Report: Urgent Recommendations After Melling Rail Accident

The Transport Accident Investigation Commission has made four urgent recommendations to KiwiRail following the accident two months ago (27 May) when a Matangi passenger train collided with a stop block at Melling Station, Lower Hutt. More>>

ALSO:

Red Tape: Local Regulations Go Under Microscope

The Government says it is accepting nearly all of the recommendations the Productivity Commission has made on ways to improve local regulations. More>>

ALSO:

Spending Questions: Claudette Hauiti To Step Aside At Election

National Party President Peter Goodfellow confirms that he has received notification from List MP Claudette Hauiti that she plans to step aside at the 20 September election. More>>

ALSO:

EPA: Board Of Inquiry Rejects Basin Flyover By Majority Of 3 To 1

The independent Board of Inquiry delegated to decide on the Basin Bridge Proposal has, by a majority decision (3 to 1), cancelled the Transport Agency’s Notice of Requirement and declined its resource consent applications for the construction, operation and maintenance of a flyover on State Highway 1 in Wellington City... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news