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

 

Government books show they can afford to do more for jobs

CTU Media Release

6 May 2013

Government books show they can afford to do more to create jobs

“The last financial statements of the government before the Budget show it has room to do more on creating jobs and address New Zealand’s high unemployment rate,” says CTU Economist Bill Rosenberg.

The statements, released this morning for the year to the end of March, show that it is ahead of forecast on tax revenue, expenses, deficit and debt.

“Treasury points out that the main reason for being ahead on tax revenue is not that wage and salary earners are earning more in total, but that more low income people are out of work so the remaining people in work have higher effective tax rates than expected. Similarly, more is coming in from tax on investment income as a result of the booming share market.”

“It’s only fair and well overdue that more was spent on those out of work and in creating more jobs. The Government’s record on unemployment has been very poor. To the extent we see growth in the economy it is largely jobless growth. Currently New Zealand has the fifth highest GDP growth rate in the OECD [according to the OECD], but we have the third worst unemployment rate among the 10 fastest growing economies. Only the US and Estonia are worse, and they have been through much worse times than New Zealand. Many countries growing more slowly than New Zealand have less unemployment: Norway, Luxembourg, Iceland, Korea, Switzerland, Austria, Germany, Japan, and the Netherlands all have lower unemployment rates – but lower GDP growth rates.”

“The government should be putting more money into assisting people when they face unemployment, with more intensive support for finding jobs, retraining and income replacement. It could be expanding enrolments into tertiary education and industry training, and rather than laying public service staff off, giving them other work that self-evidently needs to be done. It should be expanding programmes that give unemployed people jobs doing tasks that are needed in the community, and helping local government to do more too. They have announced some belated improvements to government procurement procedures that may make it easier for local firms to get government contracts, but they could do much more to buy locally. And the government could actively support local industry, especially manufacturing, including by management of the exchange rate,” says Rosenberg.

“We will be looking for initiatives like this in the Budget next week”, he said.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On (Not) Taking Responsibility, Terrorism Porn, And Dylan’s 76th

So Martin Matthews, our current Auditor-General wishes he could have detected “earlier” the fraud that occurred on his watch at the Ministry of Transport. Hmmm. But he could have detected it earlier, surely? That’s the point.

Reportedly, some junior members of his staff had been trying to tell him and his senior colleagues in management for years about the fraudulent actions of Joanne Harrison... Not only were those internal alerts apparently ignored. Some of the whistle blowers were allegedly punished by losing their jobs, as Harrison and her colleagues in management took revenge on them... More>>

Auditor-General's Statement: Standing Aside for Review of Appointment
Yesterday, I wrote to the Speaker of the House of Representatives and requested an independent person review my suitability for the role of Controller and Auditor-General... More>>

 

NGOs Pleased: Govt To Halt Collection Of Client Data

Brenda Pilott, the chair of ComVoices and national manager of Social Service Providers Aotearoa, congratulates the government on its decision to call a halt to the collection of individual client data until the concerns of not-for-profit service providers have been worked through. More>>

ALSO:

Gosh: Blasphemy Law Repeal Struck Down

Chris Hipkins, the MP who tabled a Supplementary Order Paper to add our Blasphemy Law to the Statutes Repeal Bill, said this was a "sad day for freedom of speech, tolerance, and leadership". More>>

ALSO:

Gordon Campbell: On The Navy’s Dealings With Fat Leonard, And Twin Peaks

At an official level, our “she’ll be right” attitude routinely spills over into a keen resentment of anyone who suggests the outcomes may be less than satisfactory… The Navy has now gone one step beyond. It won’t even ask itself whether it did a good job. More>>

ALSO:

NZDF: Fifth Rotation Of Troops Heads To Iraq

The fifth rotation of New Zealand Defence Force troops left today for a six-month mission training Iraqi soldiers. More>>

ALSO:

Gordon Campbell: On The Demonising Of Iran

Will New Zealand still be willing to pursue its recent trade overtures to Iran, now that US President Donald Trump has used his speech in Riyadh to single out Iran as the main source of terrorism and instability in the Middle East? More>>

ALSO:

Pre-Budget Offers: Green Party’s New Plan Puts Kiwi Families First

The Green Party has a plan to help all Kiwi kids have a great start to life, by giving parents more financial support and more flexibility at work. More>>

ALSO:

 
 
 
 

Opening The Election Supporters

 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election