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


Economist still concerned about TPPA-11’s implications

Economist still concerned about TPPA-11’s implications for working people

Council of Trade Unions Economist Bill Rosenberg welcomed the release of the text of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP, or TPPA-11) this afternoon, but remains concerned about gaping holes in our understanding of its impacts on public services and working people’s rights. "Many of the issues we identified in the original text are still present in TPPA -11" he said.

"We appreciate the Government releasing the text and National Interest Analysis before signing, but that analysis is deeply flawed. It assumes that working people will find new employment immediately when their jobs are displaced by the CPTPP. That assumption is simply not supported by international evidence and New Zealand’s history of job losses."

"Like previous studies, its estimates of gains in GDP are tiny - a one-off gain of between 0.3% and 1% of GDP in 16 years’ time. Even these small benefits are unlikely to be evenly spread. At the same time, citizens risk losing our ability to use government purchasing and our state-owned enterprises for the public good. We need to retain our ability to drive the economy towards higher wage, higher value industries like the local processing of New Zealand timber and other materials."

"The documents released by the Government today do not have an independent analysis of the health and environmental risks. Neither do they have anything to say about who gains and who loses - the impacts on inequality."

"We are encouraged that the Government will not accept Investor State Dispute Settlements that allow foreign corporations to sue New Zealand in future trade deals. But we believe that the danger can’t remain in this trade deal without a full public debate on the risks to our country. The Government must adequately respond to the huge concerns in New Zealand and internationally about inequality, climate change, health, labour rights and sovereignty caused by buying-in to the CPTPP."

"The problems that still exist in TPPA-11 show why we need a new approach to trade deals which moves New Zealand to a higher wage, higher productivity economic base. New Zealand deserves a truly independent national interest analysis of trade agreements such as the TPPA -11, and a better parliamentary process that doesn’t assume this is a done deal."


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Spying On Politicians, Activists, Iwi, Quake Victims: "Failings Across Public Service"

A State Services Commission investigation into the use of external security consultants by government agencies has uncovered failings across the public service, including breaches of the code of conduct...

However, the inquiry found no evidence of widespread inappropriate surveillance by external security consultants on behalf of government agencies. More>>


Doesn’t Compromise Sovereignty: NZ To Back UN Migration Compact

Foreign Affairs Minister Winston Peters says New Zealand will support the UN Global Compact for Safe, Orderly and Regular Migration after being satisfied fears about the document are unfounded. More>>


Children's Commissioner: Child Poverty Law "Historic Cause For Celebration"

...It represents a cross-party commitment to a fundamental shift of policy for our most disadvantaged children and should help undo 30 years of damage to children from our most vulnerable families. More>>


Dope News: Binding Cannabis Referendum To Be Held At 2020 Election

The referendum on cannabis for personal use is part of Labour's confidence and supply agreement with the Greens. It could be one of potentially three referenda - decisions have yet to be made about euthanasia and changes to electoral laws. More>>


Vic: Victoria University Name Change Rejected

Education Minister Chris Hipkins has declined Victoria University of Wellington Council’s application for a legal name change. More>>


PM's Post-Cab 17/12/18: Chief Justice, M Bovis

Prime Minister Jacinda Ardern's final post-cabinet press conference of the year focussed on announcing the appointment of Helen Winkelmann as the next Chief Justice, and an update on effort to eradicate Mycoplasma bovis from New Zealand. More>>


Law Commission Issues Paper: Use Of DNA In Criminal Investigations

In the 22 years since the Act came into force, it has become clear that the modern-day fingerprint analogy is increasingly inapt... Theoretically, whole genome sequencing could ultimately become the standard method of analysing a DNA sample. Such a development will give a new perspective on the concept of genetic surveillance in the criminal context. More>>

State Highways: $1.4 Billion For Road Safety Improvements

The Safe Network Programme will make 870 kilometres of high volume, high-risk State Highways safer by 2021 with improvements like median and side barriers, rumble strips, and shoulder widening. More>>





InfoPages News Channels