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

 

Budget Responsible but Lacking Vision

Budget Responsible but Lacking Vision

The Government’s 2015 Budget provides New Zealand businesses with financial certainty, and tackles a number of politically sensitive issues, but fails to deliver on some of the big issues facing the country says the Employers and Manufacturers Association (EMA).

EMA Chief Executive Kim Campbell says Finance Minister, Bill English, has once again delivered a Budget that is fiscally responsible.

“The Government should be congratulated for once again offering New Zealand businesses certainty. We can also understand the need to address some of the current issues such as the Auckland housing crisis, ACC and some regional R&D support.

“However, what’s missing is a vision of how the Government is going to achieve its own goals of diversifying the economy through R&D investment and providing sustainable growth through exports.

“These goals are critical to solving two of the big issues facing the country – regional development and infrastructure investment.

“New Zealand is increasingly becoming a two-speed economy, given the Auckland boom and the Christchurch rebuild, while a large portion of the rest of the country languishes with low or no growth,” he said.

The EMA says that if these issues are not effectively addressed there is little or no chance of meeting the targets with respect to the growth of exports and the diversification of the economy.

ENDS


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

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.

US President Donald Trump is kicking off his week at the UN by holding an event to promote the US document called the Global Call to Action on the World Drug Problem. More>>

 

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:

Meth Testing Report: Housing NZ "To Right Wrong"

Phil Twyford “Housing NZ acknowledges that around 800 tenants suffered by either losing their tenancies, losing their possessions, being suspended from the public housing waiting list, negative effects on their credit ratings or, in the worst cases, being made homeless.” 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:

Pay Equity Bill: Making History For Women’s Pay

The Equal Pay Amendment Bill, introduced to the House today, will make it easier for workers to make a pay equity claim , using a more simple and accessible process within New Zealand’s existing bargaining framework. More>>

ALSO:

Asylum: Refugee Quota Increasing To 1500

“The quota increase will take place from July 2020. In the meantime, we will work to increase the number and spread of refugee resettlement and support services. We need to make sure we’re prepared for this change in policy.” More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels