Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Wanted: strong, positive leadership


Media Release August 24th, 2000

Wanted: strong, positive leadership by a Government that won't pass the buck

The Prime Minister saying yesterday that Government "could do nothing about exchange rates" may be technically accurate but reflects poorly on its determination to restore the purchasing power of our economy, says the Northern Employers & Manufacturers Association.

"Blaming business for the decline in the value of our currency won't work," said Alasdair Thompson, EMA's chief executive.

"Shooting the messenger won't help rebuild business and investor confidence.

"Business does not expect Government to come up with a quick fix to our current account deficits which have accumulated year after year for 27 years.

"But we do expect Government to shoulder the responsibility for introducing and integrating policies that, together with effective leadership, will attract and retain investment here.

"Business has made a range of suggestions to help do this; Government has all but ignored us.

"Instead, it headed down a path of wealth redistribution with little understanding how to achieve its goals, and even less awareness of our reliance on global investor sentiment and markets.

"Now that the ideological part of its agenda is hopefully over, business wants Government to demonstrate strong and strategic leadership to build our economy. We want to build a strong kiwi dollar based on a strong economy.

"For this to happen, Government may need to take some calculated business risks, for example, by lowering the corporate tax rate, expensing R&D, investing more on skills development and quality education.

"Urgent attention is required to ensure the current higher returns from our primary commodities are not squandered on investment behind the farm gate but go into new product research and market development.

"We must achieve a far higher level of export returns than at present, to cover the Balance of Payments debt, to lift the value of our purchasing power in the world, and to make sure Government itself will be able to afford its social welfare programme.

"We urge Government to start listening to a much broader range of constituents, and get over the name calling and bickering."

Further comments: Alasdair Thompson tel 09 367 0911 (bus) 09 303 3951 (hme) 025 982 024


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Bridges’ ‘Meth Crooks’ Leadership Failure

Back in June, Bridges publicly accepted that Housing NZ had got it wrong, and that the National government had acted upon bad advice.

Now, you’d think this admission would create a broad bi-partisan basis for compensation to those families who had been unfairly evicted, at considerable cost and emotional distress. Some people had lost their possessions in trying to meet the expense of the upheaval.

Not everyone felt so compassionate. More>>

 

Multimedia & Transcript: Acting PM's Press Conference

Winston Peters, Acting Prime Minister while Jacinda Ardern is in New York for the UN Leaders' Week, held a short press conference Monday after chairing this week's cabinet meeting. More>>

General Assembly: Ardern Rejects Trump Call For War On Drugs

New Zealand will not be signing the United States' document calling for global action on the war on drugs, Prime Minister Jacinda Ardern says. Ms Ardern is in New York for the United Nations General Assembly this week, along with about 140 other world leaders. More>>

ALSO:

Pay Equity: Cabinet Funds Deal For Oranga Tamariki Social Workers

The Minister said that an agreement in principle has been reached between Oranga Tamariki and the PSA on a settlement worth $114.6m over five years. More>>

ALSO:

Hunting v Pest Control: Tahr Control Needed To Protect Alpine Habitats

A cull of introduced Himalayan tahr browsing conservation land in Kā Tiritiri o Te Moana/ the Southern Alps is needed to protect special alpine plants and their habitats, Conservation Minister, Eugenie Sage said. More>>

ALSO:

Protest At Sea: Judge Discharges Greenpeace Activists

The judge today discharged Norman and Howell without conviction, saying the cumulative consequences of a conviction would be out of proportion to what was “low level” offending off the Wairarapa coast in April 2017. More>>

ALSO:

No Reshuffle: Meka Whaitiri Removed As A Minister

Meka Whaitiri will be removed as a Minister with immediate effect... The decision was made after receiving a report into an incident that occurred on 27 August in Gisborne, involving Meka Whaitiri and one of her staff. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels