Parliament

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

 

Springboard for economic growth released tomorrow

Jim Anderton
MPInvestment in sustainable economic development, backing for jobs and wealth creation in regional areas of New Zealand, and sharply improved spending on science and research and development.

Those are the key components of the Alliance economic development policy Partnership 2000 to be released by Alliance leader Jim Anderton tomorrow.He says the policy package will create at least 76,000 more jobs than the National Party would provide over the next three years.

‘We need a new approach to economic development because New Zealand is falling behind other developed countries.

‘In the 1970s New Zealand's per capita income was higher than the average of OECD countries. Today it is less than 85% of the average.

‘Over the last ten years our per capita GNP grew by only 3.8%, the lowest of any ten year period since the 1930s. (Per capita GNP is the sum of all economic activity in New Zealand, excluding income to foreigners, divided by the number of people in the country).

'The countries that are powering ahead are investing heavily in the creation of new industries and new jobs. They actively intervene to lead investment into weak regions and they spend more than twice the amount on science and on research and development that New Zealand does.

‘Change in our pattern of industrial development hasn't occurred fast enough under free market policies. We are falling behind in incomes, our balance of payments deficit has persisted for a quarter of a century and our total overseas debt is a monster.

'Successful economies are created, not inherited. The Government has to enter partnerships with the private sector and local government to provide the investment, training, coordination and capital needed to create successful new industries which are the source of jobs, higher export earnings and rising incomes.'

The Alliance's detailed policy includes an in-depth analysis of New Zealand's economic performance and the economic strategy of countries such as Ireland, Finland and Taiwan which have successfully developed a new industrial and export base for their economies.

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On NZ’s Complicity In Western Sahara

If David Parker really wants to hone his crisis-managing chops on an international trade dispute that New Zealand has been making worse for years, he maybe should be turning his attention to the Western Sahara.

Some background: two NZ companies called Ravensdown and Ballance Agri-Nutrients appear to be the only independent firms in the world still willing to import phosphate from the disputed territory of the Western Sahara... More>>

 
 

Gordon Campbell: On Malaysia Exposing Our Dodgy Policies On China

Last week, we all owed a vote of thanks to Malaysian PM Mahathir Mohamad for breaking with protocol during his bilateral with Jacinda Ardern. Reportedly, Mahathir used the photo opportunity phase of the meeting to launch into matters of genuine substance. More>>

ALSO:

Withdrawls After Police Uniform Ban: Auckland Pride Remains Committed

The Auckland Pride Board remains committed to creating a space for our rainbow communities to feel safe celebrating their gender and sexual identity, despite some institutions pulling out from the Parade in recent days. More>>

ALSO:

South Korea: State Visit By Korean President Moon Jae-In

The President of the Republic of Korea Moon Jae-in will visit New Zealand from 2 to 4 December... “I am very much looking forward to welcoming President Moon to New Zealand,” said Jacinda Ardern. More>>

Health: Changes To Drinking Water Standards

David Clark said many of the changes he is making, which will take effect on 1 March 2019, are clarifications or corrections, “but there are two changes which will significantly improve the ability to test and respond to the presence of harmful bacteria such as E.coli”. More>>

ALSO:

IPCA: Police Detention "Unlawful But Reasonable"

The Independent Police Conduct Authority has found that while Police acted unlawfully in October 2017 when they detained a Queenstown man for a mental health assessment, their actions were reasonable in the circumstances. More>>

ALSO:

Joint Statement: Chile President's NZ Visit

At the invitation of the Right Honourable Jacinda Ardern, Prime Minister of New Zealand, His Excellency the President of the Republic of Chile, Sebastián Piñera, undertook a State Visit to New Zealand on 19 November 2018... More>>

ALSO:

Climate Change: Top Academics Call On Government To Take Action

One hundred and fifty academics and researchers from around Aotearoa, including Dame Anne Salmond, Emeriti Professors and several Fellows of the Royal Society, have signed a strongly-worded open letter to the Government demanding bold and urgent action to tackle climate change. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels