Parliament

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

 

GDP Fall Shows Shows Need For Economic Direction

GDP Fall Shows Need For Positive Economic Direction

Friday 24th Sep 1999
Rodney Hide
Media Release -- Economy

ACT Finance Spokesman Rodney Hide said today's GDP result showing the
economy contracting in the June quarter strongly reinforced the need for
consistent and positive economic direction from Government.

"We have to remember that if our economy isn't working neither are
New Zealanders who need jobs.

"Government must be pro business and pro jobs. We also need to reign
in wasteful Government expenditure that is proving such a drag.

"What we need is a five year programme to drop the top rate of tax to 20
cents.

"New Zealand businesses are looking to the positive moves of the
Australian Government this week in cutting the tax rate. That move is about
creating jobs and boosting economic growth. National must stop
dithering and commit to doing the same.

"Labour's plans to 'change direction' and head back towards the 1970's
just aren't feasible.

"ACT says we have to set a positive economic direction that takes us
forward, making it easy to do business and employ people, to grow the
economy and create much needed jobs," said Rodney Hide. ENDS

ENDS

For more information visit ACT online at http://www.act.org.nz or contact
the ACT Parliamentary Office at act@parliament.govt.nz.



© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

National Terrorism Threat Level Moves To Medium
Medium is defined as a terrorist attack is assessed as feasible and could well occur. The new level remains higher than it was before the 15 March terrorist attack when the threat level was low. More>>

SCOOP COVERAGE: CHRISTCHURCH MOSQUES TERROR ATTACK


Environment Aotearoa 2019: Report Warns Environment In Serious Trouble

The report is jointly produced by the Ministry for the Environment and Statistics New Zealand, and is a follow on from the last report in 2015.

The report says the way New Zealanders live and make a living is having a serious impact on the environment, and the benefits New Zealanders get from being in nature, though not measured or quantified, could be lost. More>>

 

Gordon Campbell: On Scrapping The Capital Gains Tax

As PM Jacinda Arden said yesterday, there was no point in Labour bringing a proposal into the House that it didn’t have the votes to get passed. Looking back, maybe she always felt this outcome to be inevitable... More>>

ALSO:

City Rail Link: Billion Dollar Cost Rise (And Preferred Bidder)

The revised cost envelope for completing the entire Auckland City Rail Link project now totals $4.419 billion. The revised cost has yet to be endorsed by the project’s sponsors (the Crown and Auckland Council). More>>

ALSO:

Meth Scare: Debt Write-Off For HNZ Meth Testing Evictions

People living in Housing New Zealand (HNZ) properties who were wrongly evicted because of flawed methamphetamine contamination policies will have their related debts with the Ministry of Social Development (MSD) written off. More>>

ALSO:

RNZ Report: Fears Grow For NZ Nurse Kidnapped In Syria

A New Zealand nurse working for the Red Cross was captured by Islamic State (IS) in Syria more than five years ago, and there are now public pleas for any information that could help bring her home. More>>

ALSO:

Streets Blocked In London: Climate 'Extinction Rebellion' Reaches Aotearoa

Across the world, thousands of people are taking part in a rebellion to avert climate, ecological and human catastrophe. This begins in Aotearoa New Zealand today. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels