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


Need for growth strategy underlined, welcomed

Need for growth strategy underlined, welcomed

With central and local government spending over 40 per cent of the economy and growing, the opportunities for innovation and knowledge creation are being squeezed out of the economy, the Employers & Manufacturers Association (Northern) says. Hence we're pleased with the National Party's paper on the need for growth, said EMA's chief executive Alasdair Thompson.

"We welcome the National Party's white paper underlining the importance of economic growth," he said.

"Growth comes from the private sector, not Government. Expecting growth to result from higher Government spending is like thinking we can shop our way to higher sustainable growth.

"Together with Business New Zealand we developed our 20 point strategy for growth two years ago, and the Chambers of Commerce recently released a valuable contribution to the discussion.

"We're in agreement on virtually all the key issues. In particular we agree New Zealand needs a vision for growth to generate higher standards of living. The present 2.5 per cent GDP growth per capita (and falling) will not return New Zealand to the top 10 of the OECD.

"Business needs Government spending to start reducing as a proportion of the whole economy. Calls for more inventiveness and knowledge creation while Government spending keeps on growing, makes no sense.

"For example, social welfare spending in real terms is now six times greater than it was 40 years ago. Government emphasis needs to be far higher on education than on social welfare.

"National's paper tackles key issues like these. It's a thoughtful and creditable contribution."

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>


Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>


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>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news