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


Another Business-Bashing Alliance Tax

Hon Max Bradford
Minister for Enterprise and Commerce

8 September, 1999

Another Business-Bashing Alliance Tax

The Alliance plan to whack a five percent tariff on all imports, excluding those from Australia, is just another tax on business, Minister for Enterprise and Commerce Max Bradford said today.

"Over half of New Zealand's imports are either materials and supplies used by manufacturers or are essential capital purchases made by industry.

"Adding five percent to imports through tariffs will pile on an extra $600 million in costs for the manufacturing industry," Mr Bradford said.

"This could deter many companies from investing in top quality capital, therefore reducing their competitiveness internationally.

"Exporters will suffer, but also the country will suffer by losing the ability to earn a valuable overseas income.

"This tax also adds to the inflationary impact of the Alliance's proposed financial transaction tax.

"The Alliance is proving once again that it is anti-business by lumping higher costs onto exporters, higher costs onto capital equipment and higher interest rates onto all New Zealanders," Mr Bradford said.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>


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

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news