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


Labour's economic programme sorely needed

2000 web site "The latest trade results are an indictment of National's economic stewardship and further proof that Labour's economic programme is sorely needed," Labour finance spokesperson Michael Cullen said today.

"The figures show that exports are beginning to rebound, but the pick-up has been frustratingly slow. The slowness reflects the hollowing out of New Zealand's manufacturing base as companies have been forced to the wall or overseas at the cost of thousands of jobs.

"Much of the blame for this exodus rests with National, its mad crusade to lower tariffs faster and harder than the rest of the world and its hands-off substitute for an economic policy.

"Labour does not share National's lunatic belief that the best way to assist industry is to ignore it. Instead we see a positive leadership role for the government in nurturing innovative new enterprises and ideas," Dr Cullen said.

He was commenting on the Overseas Merchandise Trade result for September showing a provisional deficit for the quarter of $1.125 billion.

"Imports are continuing to outstrip export growth. Exports for the 1999 September quarter were 8.3 percent up on last year's September quarter figures but imports rose a whopping 17.6 percent over the same period.

"Further tax cuts will only aggravate the problem," Dr Cullen said.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Werewolf: What Does Winston Peters Want His Legacy To Be?

A lot of people in New Zealand seem to resent Winston Peters and the power that he appears to have. “Appears” being the operative word. In reality, Peters will have power only up to the point that he uses it.

By next week, he’ll have become just another junior player in an MMP governing arrangement, battling to hold onto the gains he was promised. More>>


Rising Toll: Road Safety Needs To Be A Higher Priority

Official advice released to the Green Party under the Official Information Act shows that the previous National Government dismissed an option to make road safety its most important transport priority after being told the road toll was rising. More>>


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>>


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>>


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>>


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>>


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>>


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>>




Featured InfoPages

Opening the Election