Parliament

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

 

Peters’ big mouth is harming Kiwi businesses

Paul Goldsmith - Economic and Regional Development

14 May 2019


The spectacle of the Acting Prime Minister Winston Peters trash-talking one of New Zealand’s leading businesses, Fonterra, explains why business confidence continues to plumb new depths under this government, National’s Economic Development spokesperson Paul Goldsmith says.

Mr Peters has been taking pot shots at Fonterra since yesterday, after the news it was selling Tip Top to UK-based Froneri for $380 million.

“If a Kiwi business wants to sell one of its assets in order to put the money into other parts of its business, or to pay back debt, that’s its choice,” Mr Goldsmith says.

“No Kiwi business should have to put up with wild, grandstanding attacks from the Acting Prime Minister, criticising their judgment and implying, impotently, that the deal shouldn’t be allowed to happen.

“Just what is Mr Peters saying? Is he proposing that all foreign investment should be banned? Is he saying that once a Kiwi business owns something it should only ever be able to sell it to locals?

“The reality is, he is doing nothing except having a spray at the expense of what he thinks is a soft target. Just like his colleague Shane Jones does, on a regular basis.

“And is there any wonder that business confidence is so low? Mr Peters co-leads a government that has presided over a dramatic fall in economic growth during the past 18 months, from nearly four per cent down to nearly two per cent.

“The Government likes to blame international events, but as the Reserve Bank Governor said last week, international growth is around average levels and domestic factors are equally important.

“Falling business confidence flows through to less investment. With less investment we get less new job growth. Job growth has fallen off a cliff these past 18 months.

“If Mr Peters wants to ban foreign investment in New Zealand business he has the power to do it. If not, he should give the business leaders of this country the dignity of his silence.”

ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Allegations Of Left Wing Media Bias

“Left wing bias” accusations date back at least to the mid 1990s, when complaints were commonly being levelled at RNZ’s Morning Report programme, largely by National MPs discomfited by being interviewed by Kim Hill.

The charge of left wing bias was ridiculous then, and is ridiculous now. More>>

 
 

Next Wave Of Reforms: Gun Registration And Licensing Changes Announced

“The Bill includes a register to track firearms and new offences and penalties that can be applied extraterritorially for illegal manufacture, trafficking, and for falsifying, removing, or altering markings – which are a new requirement under the Firearms Protocol.” More>>

ALSO:

Gordon Campbell: On Labour’s Mishandling Of The Alleged Sexual Assault

The focus of Labour’s alleged sexual assault scandal has now shifted from the party organisation to the Beehive... This is now a crisis of Beehive management and response, not something occurring at a distance within the party organisation. More>>

ALSO:

'History Rectified': Rua Kēnana To Be Pardoned

An official pardon for Tūhoe prophet and leader Rua Kēnana is one step closer after the Te Pire kia Unuhia te Hara kai Runga i a Rua Kēnana: Rua Kēnana Pardon Bill was read in Parliament for the first time today. More>>

ALSO:

Mental Health: Initial Mental Health And Wellbeing Commission Appointed

The Government has announced details of the initial Mental Health and Wellbeing Commission which will play a key role in driving better mental health in New Zealand. More>>

ALSO:

people outside the meeting house at WaitangiEducation: NZ History To Be Taught In All Schools

“We have listened carefully to the growing calls from New Zealanders to know more about our own history and identity. With this in mind it makes sense for the National Curriculum to make clear the expectation that our history is part of the local curriculum and marau ā kura in every school and kura,” Jacinda Ardern said. More>>

ALSO:

Sexual Assault Claims Mishandled: Labour Party President Resigns

Jacinda Ardern: “This morning I was provided some of the correspondence from complainants written to the party several months ago. It confirms that the allegations made were extremely serious, that the process caused complainants additional distress, and that ultimately, in my view, the party was never equipped to appropriately deal with the issue…" More>>

ALSO:

Budget Process: Wellbeing To Be Enshrined In Law

Legislation has been introduced in Parliament to ensure every Government considers the wellbeing of New Zealanders when creating future budgets. More>>

National In China: Bridges Praises CCP, Meets Law Enforcement Head

A recent trip to China has raised questions over who the Opposition leader Simon Bridges met with and why... Anne-Marie Brady, a Canterbury University professor and expert on Chinese politics, has described Guo Shengkun as the leader of the Chinese secret police. More>>

ALSO:

Gordon Campbell: On The SIS/GCSB’s Compliance With Torture

Torture is a crime under international law. New Zealand has signed (a) the UN convention against torture and (b) formal agreements about how armed conflict should be conducted. That’s the legal backdrop to the fascinating report released this week by the SIS Inspector-General.

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels