Parliament

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

 

Bright Future In Theory, But What About In Practic

18 August 1999

BRIGHT FUTURE IN THEORY, BUT WHAT ABOUT IN PRACTICE?

Today's "Bright Future" package sounds good in theory, but questions remain as to how well it will work in practice, says United New Zealand leader, Hon Peter Dunne.

Mr Dunne says the backdrop against which the package was developed is of a small, exposed trading nation, a long way from its markets, beset by modest economic growth rates and chronic balance of payments problem; slowing population growth; and, a lack of social cohesion and political certainty.

"It is debatable whether any of today's individually worthy announcements will make any profound difference to that overall scenario."

"What is certain, however, is that whatever its shortcomings, the Bright Future package is considerably more achievable and realistic than the 'return to Gdansk' policy announced earlier this week by the Alliance and endorsed by its coalition partner, Labour," he says.

Mr Dunne says that given our current account problems, we need an annual growth rate of around 4% just to stand still, let alone go forwards.

"Yet there is still no firm timetable for reducing business tax rates to aid investment; the signals about improved research and development deductibility are no more than another review being undertaken; and there is no bold strategy to boost our population through an effective and well-targetted immigration policy."

"The initiatives to support high-achieving students are welcome, but there is no accompanying strategy to reduce debt levels for other students, to retain their skills in the country."

"The review of tertiary education still seems to focus more on governance than promoting centres of excellence and the fact that our universities are already slipping in comparison with other universities in the Asia/Pacific region."

"There also seems to be an implicit assumption in this package that a knowledge-based economy really only applies to the 'gee-whiz' aspect of technology, and not to the innovative capacity of our traditional primary and manufacturing industries," he says.

Mr Dunne says that the timing of the announcement, just before a General Election will raise inevitable questions about its sustainability, which will not assist perceptions of certainty.

"Therefore, despite our specific criticisms, rather than argue tediously about what should or should not have been in the package, the one practical things all political parties could do now, in the interests of certainty and progress is commit themselves to working together on the things they broadly agree on in the package, rather than embarking on another unproductive round of sniping, while the average New Zealanders yawns," he says.

ENDS

New Zealand's Liberal Party

MEDIA STATEMENT
HON PETER DUNNE, MP
LEADER UNITED NEW ZEALAND
Parliament Buildings, Wellington 1.
e-mail: peter.dunne@parliament.govt.nz. Internet Address: http://www.united.org.nz

New Zealand's Liberal Party

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Peters/Ardern Triumph

There are a lot of good reasons to feel joyful about this outcome. It is what so many young voters – the best hope for the country’s future – wanted.

Far more important than the implications for the Economy Gods ( is the dollar up or down? ) last night’s outcome will also mean many, many vulnerable New Zealanders will have a better life over the next three years at least.

Yet the desire for change was in the majority, across the country..>>>More


Reaction

Labour on its agreement |Peters: Post-Election Announcement Speech | Greenpeace “cautiously hopeful” about new Government | ACT - Madman on the loose | E tū ecstatic | Chamber welcomes the outcome | Greens on their joining Govt | EDS welcomes new govt | Immigrant groups worry | Feds ready to engage new coalition government | Labour Ministers of the Crown announced

 

Climate: Increasing Greenhouse Emissions Hit NZ

New Zealand is seeing impacts of excess greenhouse gas emissions in our climate and oceans, according to the latest national report from the Ministry for the Environment and Stats NZ about the state of the atmosphere and climate…More>>

ALSO:


Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>

ALSO:

Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>

ALSO:

Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>

ALSO:

Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>

ALSO:

Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>

ALSO:

Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election