Parliament

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

 

Wanganui economy shows regional developmet need

Wanganui economy shows need for regional development policies


A far-sighted regional development policy is needed to rejuvenate the Wanganui economy, Alliance leader Jim Anderton said today.

Visiting Wanganui on the 90-town Alliance towns tour, Jim Anderton said fifteen years of free market economics have devastated Wanganui.

'The only way to turn it around is for the Government to invest in regional economies in partnership with the private sector to develop innovative, high-tech industries that create thousands of highly-paid, high-quality, high-skill jobs with a pe rmanent future.

'In 1986 there were 15,225 full time jobs in Wanganui.

A decade later, there were only 13,364, a loss of 12.2% of all jobs.

Only Whangarei and Gisborne lost a higher proportion of full time jobs.

'When free market policies began in 1984 there were 1678 registered unemployed in Wanganui.

By the time Ruth Richardson read the National Party's first budget in 1991, there were 4303 unemployed.

When the coalition collapsed in August last year, 4677 people were! registered unemployed.

In the latest figures, 4802 Wanganui people were out of work.

In fifteen years of free market economics, unemployment has tripled.

'The solution was to promote regional development, and Jim Anderton said he was determined to take over responsibility for economic development.

'In most other parts of the world, Governments are investing heavily in their regions because they recognise that weak regions ultimately make everyone worse off.

'I want to see genuine new technology industries l ike Tait electronics, employing thousands of people and exporting, like Tait's, $150 million a year.

There is no reason why Wanganui couldn't have two or three of those companies, each exporting $150 million a year or more.

'The Alliance is going to provide venture capital and a wide range of other forms of assistance to help new businesses get going in the regions, to create those new industries,' Jim Anderton said.

ENDS


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Politics Of Scaring Voters Back Into Line

Fear has always been a useful mobilising tool in politics… yet in 2017, bogeymen of all shapes and sizes seem to have fallen on hard times. For years, the National party had painted itself as being the only reliable defensive bastion against the terrifying prospect of a centre-left government…

In fact, the polls suggest that the public seems to quite like the new government, its Prime Minister, and its proposed plan of action. Somehow, even though a Labour/Greens/NZ First government is in power, the sun is still rising and setting, on time. More>>

 

Gordon Campbell: On Drinking Water As A Failure Of Political Leadership

It is almost possible to feel sorry for the Health Ministry in their terrible, no good, very bad week... More>>

ALSO:


Gordon Campbell: On Saying ‘Work For The Dole,’ Nicely

As New Zealand First learned the hard way from its two previous periods in government, small parties in MMP coalitions get blamed for the unpopular stuff done by their senior partner in power, but no one remembers the good stuff the junior player brought to the table... More>>

ALSO:

Seismic Blasting: Greenpeace Launches Legal Challenge Against Amazon Warrior

A legal challenge against the world’s largest seismic oil exploration ship was launched at a public rally on Parliament Lawn. More>>

ALSO:

Tertiary: 80,000 People Eligible For Fees Free

The Government has today made good on its 100-day promise of delivering the first year of fees-free post school training and education and industry training from 1 January next year, says Education Minister Chris Hipkins. More>>

ALSO:

PM's Presser: Rebuilding Cathedrals, Felling Trees

Prime Minister Jacinda Ardern attended the press conference today with Minister for Greater Christchurch Regeneration Dr Megan Woods to announce urgent legislation this week for the rebuilding of the Christ Church Cathedral. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages