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


No Future In Neanderthal Policies

18 June 1999

"The threat of trade restrictions against our sheep farmers has caused Jim Anderton to have a rush of blood to the head," said Trade Minister Lockwood Smith.

"Poor Mr Anderton opposes tariffs in the US because they destroy jobs, but he can't bring that same logic home to New Zealand.

"Mr Anderton likes to portray New Zealand as being out on its own on tariff removal. But he doesn't say that New Zealand runs a distant third to Singapore and Hong Kong, which do not apply tariffs to any good or service crossing their borders.

"Mr Anderton should grow up and look at the facts of how trade liberalisation has contributed to raising the living standards of New Zealand families:

1. 268,000 jobs have been created under the National-led Government. In fact for every week that National has been in office since 1991, around 600 New Zealanders have found new jobs;
2. The average weekly wage has risen from $542 to $654;
3. Net crown debt is down from 52% of GDP in 1991 to less than 25%;
4. New Zealand's economy has grown by 37% since 1991;

"Anderton's call for a return to tariffs flies in the face of these facts and credible research into the costs and benefits of trade liberalisation, including the recently released APEC study of the New Zealand wine industry.

"OECD research published last year is also unequivocal on this issue. It shows that in the last decade, countries that have been more open have achieved double the annual average growth of others, and that protectionist policies do not provide any answers.

"The OECD concludes that trade barriers "inevitably" lead to more protracted, and more costly periods of adjustment, and although the US may wish to impose this path on its sheep meat industry, the National-led Government has no interest in this approach.

"Anderton's vision for New Zealand is one of state regulated, tax-payer funded companies operating merrily exporting goods while limiting imports from our trading "partners". His utopia shows a disturbing attachment to policies which have been buried for decades, and which would push up the costs for our business and limit families' standard of living," Dr Smith concluded.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Minister of Finance: Plan Shows $100 Billion Infrastructure Projects

Finance Minister Bill English has today launched the Government’s Ten Year Capital Intentions Plan (CIP) which shows a pipeline of $100.9 billion worth of infrastructure projects over the next decade. More>>


Werewolf: Safe Landings Gordon Campbell on the safety challenge to the Wellington runway extension.

The safety-related legal challenge revolves around the size of the 90 metre long Runway End Safety Area (RESA) being proposed for the runway extension. More>>


Environment Commissioner: We Need To Work Together On Climate Change And Farming

“The debate around agricultural emissions and the ETS has been polarised for too long,” said the Commissioner. “But the ETS is not the only way forward – there are other things that can be done.” More>>


NZ Super Fund: Seeking To Put A Market Price On Climate Change

Oct. 19 (BusinessDesk) - The New Zealand Superannuation Fund says it will devise a set of rules to assess investment winners and losers under climate change, a strategy that could rule out fossil fuels or producers such as current portfolio member Exxon ... More>>


Rejuvenation: Parata Will Not Contest 2017 Election

Education Minister and National List MP Hekia Parata has today announced that she will not be contesting the next election. She advised the Prime Minister of her decision earlier this year. More>>

Prisons Grow: Government Approves Plans For Increased Prison Capacity

Despite significant progress in reducing crime the number of prisoners has increased faster than projected. This is because the proportion of offenders charged with serious crimes has risen, meaning more people are being remanded in custody and serving more of their sentences in prison. More>>


Gordon Campbell: On Plastic Bag Activism, And Street Harassment

Amusing to see the Act Party experiencing another outbreak of young fogey-ism. What has aroused the ire of Act Leader David Seymour this time is the introduction of a Greens private members bill to the ballot process, calling for a 15 cents levy on plastic bags to reduce pollution. More>>


Unclear Weapons: US Navy Ship Cleared To Visit NZ For Navy's 75th

United States Navy ship, the USS Sampson, has been given clearance to visit New Zealand next month by Prime Minister John Key... “The process for considering the visit by the USS Sampson is the same as that used for all ships attending the International Naval Review." More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news