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


Democrats Slam Celebration Of 1984 'Reforms'

Democrats Slam Celebration Of 1984 'Reforms'

The Leader of the NZ Democrats, Stephnie de Ruyter, has slammed the reunion celebrating the 1984 Lange Labour Governments so-called economic reforms as an insult to those who carried the adverse outcomes of the changes.

"The proof of the Lange/Douglas pudding is in the bad taste still in the mouths of those New Zealanders adversely affected by policies which give free reign to speculators and money manipulators" said Ms de Ruyter. "The changes did not create equity and fairness for all New Zealanders".

"There is little to celebrate in 'reforms' which started New Zealand on the track to becoming the skill deficient and relatively low income country we are today" continued the Democrat Leader. "The word 'reform' is much abused in its application to the process used of rehashing existing economic fundamentals to give the appearance of change and progress. Real reform means to make better or improve by removing faults and errors, rehashing is simply putting old material into new form without significant improvement".

"It is ironic Don Brash has belatedly recognised our median income levels are well behind those of countries such as Australia but is still proposing as a solution the same failed measures used, over the past 20 years, by Labour and National to create the problem" said Ms de Ruyter. "Real reform means addressing the real driver behind the socio-economic issues our politicians have spent 2 decades of their time and lots of our hard earned cash debating to little positive effect".

Democrats question how it helps people when the ongoing increases in the cost (inflation) of construction, electricity, petrol and diesel, and a host of consumer goods, will be 'controlled' by the Reserve Bank again increasing interest rates (NZ Herald 16 July) thus adding about $24 extra per $100'000.00 of mortgage they carry. The increased interest charges will also be carried through to the cost of doing business and thus into the cost of goods and services.

"Inflation is inherent in an economy where 97 per cent of the 'money' supply is in fact interest bearing debt. That is where real economic reform is needed. Adding cost to the economy in the form of interest rate increases simply makes it harder for the New Zealand family/business to survive, let alone thrive" concluded the Democrat Leader.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Peters/Ardern Triumph

There are a lot of good reasons to feel joyful about this outcome. It is what so many young voters – the best hope for the country’s future – wanted.

Far more important than the implications for the Economy Gods (is the dollar up or down?) the outcome will also mean many, many vulnerable New Zealanders will have a better life over the next three years at least.

Yet the desire for change was in the majority, across the country... More>>




Submissions Summary: The People's Commission On Public Media

This Summary is a preliminary report from the People’s Commission. It brings together views and aspirations of the hundreds of people who made submissions, attended public meetings, filled out the online survey and made speeches to our Panel. More>>

Housing Plans: Protest Over Ihumatao Development

Ihumatao in Mangere, next to the airport in Auckland, holds the archaeological remains of 1000 years of food production; from when Maori first landed in the area, through to early European settler agriculture and right up until today. More>>


Negotiations: 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.. More>>


Contains Highly Colloquial Language: Your F**king Guide To Government Formation

The following message is in no way endorsed by the Electoral Commission. They are f**king done with this election. More>>

NZ Emissions Up 50% 1990-2013: Report Confirms CLimate Change Impacting NZ

New Zealand is seeing impacts of excess greenhouse gas emissions in our climate and oceans, according to the latest national report from the Ministry for the Environment and Stats NZ about the state of the atmosphere and climate. 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: Inland Revenue Steps Back From 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>>





Featured InfoPages

Opening the Election