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

 


Greens need to learn what's already happening in innovation


Hon Steven Joyce
Minister of Science & Innovation
16 July 2014 Media Statement
Greens need to learn what's already happening in innovation

The Green Party needs to learn what's already happening with innovation in New Zealand before bursting out with old 2008 style rhetoric about the need for a more innovative economy, Science and Innovation Minister Steven Joyce says.

"The Greens, like Labour, have shown no interest in what's been happening with New Zealand's innovative businesses since Labour left government in 2008. That shows in their policy release today which is full of embarrassing 2008-style rhetoric which has long since been overtaken by time,” Mr Joyce says.

While the Greens and Labour have been asleep:

• Government investment in Research and Development has grown hugely and by 2015/16 will be 70 per cent higher than it was in 2008.

• Business R&D has grown as a percentage of GDP by 23 per cent in just one two year period from 2010 to 2012 as we move towards the Government's target of reaching 1 per cent of GDP.

• New Zealand's productivity grew 2.1 per cent in the most recently available year (to March 2013)

• New Zealand's ICT, high-tech and medium high-tech manufacturing companies have grown significantly and already make up nearly 8 per cent of New Zealand's total exports of goods and services (dairy is currently 22 per cent).

"It's good to see the Greens playing catch-up and endorsing our shift into encouraging more students in engineering, ICT and science careers, and our approach of dramatically increasing R&D Investment," Mr Joyce says.

"However, to be credible, they need to drop the Helen Clark era knowledge wave rhetoric about the need to diversify and so on, and concentrate on pushing in the direction New Zealand is already going under this government.

"Declaring that New Zealand agriculture, for example, needs to be more innovative and more about adding value shows an embarrassing lack of understanding about what is already happening.

“The Greens’ biggest problem with saying they would support innovative companies is that, along with their mates from Labour, they would slap a capital gains tax on every innovative business and farm in New Zealand to help pay for their expensive spending promises. That would really stifle innovation.

“The Government’s Business Growth Agenda is absolutely focused on a coherent set of policies that are lifting innovation and competitiveness across all industries in the New Zealand economy.”

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Parliament Today:

Werewolf: The Defence Pretence

Last year, the world began spending more money on weapons again, for the first time since 2011... New Zealand belongs to a region – Asia and Oceania – where military spending rose sharply in 2015, by 5.4 per cent. More>>

ALSO:

Gordon Campbell: On Not Crying Foul, Argentina

So a couple of guys found to be criminally liable of environmental pollution in Argentina lodge an application with the Overseas Investment Office… in order to buy some prime New Zealand rural land. Seems that their factory back home had carelessly and/or intentionally discharged toxic waste into the Lujan river. Bummer... More>>

ALSO:

Urban & Rural: $303m To Merge And Modernise New Zealand’s Fire Services

Internal Affairs Minister Peter Dunne today announced funding of $303 million over five years to combine urban and rural fire services into one organisation from mid-2017. More>>

ALSO:

High Trust Regime: What Did The PM Tell His Lawyer About Foreign Trusts?

The Government stopped the IRD from reviewing New Zealand foreign trusts shortly after the Prime Minister’s lawyer wrote to the Revenue Minister claiming John Key had promised him the regime would not be changed. More>>

ALSO:

Road Crime: Wicked Campers Vans Classified As Objectionable

The definition of publication includes any "thing that has printed or impressed upon it, or otherwise shown upon it, 1 or more (or a combination of 1 or more) images, representations, signs, statements, or words", The Classification Office has previously classified such 'things' as billboards, t-shirts, and even a drink can. This is the first time the Classification Office has classified a vehicle. More>>

ALSO:

'When New' Repairs: Landmark EQC Settlement

The Earthquake Commission has cut a deal with 98 Canterbury homeowners that affirms the government entity's responsibility to repair earthquake-damaged property to a 'when new' state, as well as covering repairs for undamaged parts of a property and clarifying its position on cash settlement calculations. More>>

ALSO:

Gordon Campbell: On Kiwirail’s Latest Stint In The Dogbox

The denigration of Kiwirail continues. The latest review (based on a 2014 assessment) of the options facing the company have enabled Kiwirail to be hung out to dry once again as a liability and burden on the taxpayer. More>>

ALSO:

Royal Society Report: Good Opportunities To Act Now On Climate Change

There are many actions New Zealand can and should take now to reduce the threat of climate change and transition to a low-carbon economy, a report released today by the Royal Society of New Zealand finds... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news