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


Sound Management Will Underpin Economy - English

21 June 1999

Sound Management Will Continue To Underpin Economy - English

Finance Minister Bill English, who takes over as Treasurer tomorrow, said he would continue to emphasise good economic management, fiscal prudence, stability and an open economy for New Zealand.

"Lower interest rates and lower taxes are the rewards of the good economic performance that New Zealand has achieved in recent years. These things are important for all New Zealanders and I don't intend to do anything that would put those at risk.

"I am in the fortunate position of becoming Treasurer with the economy on a sound footing and heading into a recovery and for that I pay tribute to my predecessor, Sir William Birch.

"I will continue to ensure we manage the taxpayers' dollars carefully. Over the next five years in health, education and welfare alone the Government will spend more than $130 billion and I want to make sure that money is used effectively.

"In the longer-term, a country like New Zealand with a small open economy has got to earn its living in the world. We have a lower export ratio than other similar economies. The only sustainable way we are going to raise the incomes of New Zealanders in the next decade is through stronger exports.

"We are headed into an economic recovery and it needs to be a strong recovery to take us to the levels of growth that New Zealanders want to see and expect after all the change that's gone on in the last 15 years. The issue for me is what contribution the Government can make to ensure it is a strong recovery," said Mr English.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>


With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>


Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>


Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>


Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>


More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news