Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

New Zealand Should Look At Ireland

Richard Prebble

I have never known New Zealanders so depressed. People no longer believe that New Zealand can foot it as a major nation.

I tell you this, not to add to the gloom, but to let you know I do know. I have a house in Titirangi. My personal accountant runs a large practice here in Henderson. He tells me he cannot understand what Michael Cullen is saying about a robust economy. Not one client is going to be paying more tax than last year.

The latest GST figures released yesterday show that my accountant lives in the real world. GST collected by the IRD is down 6.9% for July and August.

It’s my own view that we can rejoin the first world and do so in half a generation. In just seven years we could move from our present 20th position in GDP per capita, to being 10th. I like the sound of that – 10th by 2010.

Parliament should look at every law, every policy and ask the question – will this policy help put New Zealand back into the first world? Will it help reach the goal of 10th by 2010.

I have been through the coalition’s policy and legislative programme. There is just one initiative – the pilot project to upgrade apprenticeships – that might help the economy grow.

I think Tony O’Reilly, the owner of the New Zealand Herald, is correct – New Zealand should look at Ireland.

Ireland in 1980 was in much worse shape than New Zealand. GDP was 65% of the UK’s per capita. Now, Ireland has overtaken the UK, even though Britain has had a good 20 years of growth.

How? Being in the European Community helped. The EC subsidies assisted. But the Irish Parliament believes that the ten per cent corporate tax for new investment was the key. Investment has poured in.

A ten per cent corporate tax rate would see New Zealand corporates coming home, bringing with them skilled New Zealanders. Making New Zealand a first world nation again is an achievable goal. It’s an exciting goal. It’s worthwhile.

Think about this. On the latest US dollar to Kiwi conversion the US poverty line is NZ$40,000. This means 86% of New Zealand taxpayers are now below the US poverty line.

There is no better way to help our fellow New Zealanders than to create a first world nation. That’s ACT’s vision – I invite you to share it.

ENDS

For more information visit ACT online at http://www.act.org.nz or contact the ACT Parliamentary Office at act@parliament.govt.nz.


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines



Gordon Campbell: On Canada’s Election, And The AUKUS Defence Pact


Yesterday, Canada held an election in which everyone lost, including the voters. After holding its most expensive ( $C600 million) election campaign ever, the result was Groundhog Day, with the five main parties getting almost exactly the same number of seats as they did last time around, in 2019. Same overall result too: Liberals leader and PM Justin Trudeau will once again be leading a minority government... More>>

Covid-19, 24/9: 1,131 Overall Cases, 4,900,000+ Vaccine Doses


9 new cases have been discovered in Auckland, currently at Level 3. 886 of the Auckland cases have recovered alongside all of the Wellington cases... More>>

ALSO:




 
 

Government: Next Steps To Improve Safety In Wake Of Whakaari White Island Tragedy
The Government is moving to improve safety in light of the Whakaari White Island tragedy and has released proposals to reinforce safety standards in registered adventure activities... More>>

Government: Expert Group Appointed To Lead New Zealand’s Future Health System
An outstanding group of people with extensive and wide-ranging governance and health experience have been appointed to lead the Māori Health Authority and Health New Zealand, Health Minister Andrew Little says... More>>

ALSO:

Green Party: Kiwis Overseas Must Be Allowed To Vote Next Year
New Zealanders stranded overseas should be allowed to vote in next year’s local government elections and the 2023 general election, the Green Party said today. “The reality of this pandemic is lots of people cannot renew their voting rights when they are home as they normally would... More>>


Power: Bill Changes Bring Fairness To Charges

A key recommendation of an independent panel to make electricity charges fairer across all households will be put in place, the Energy and Resources Minister Megan Woods has announced... More>>



Government: Parks expiry of licenses, WoFs and regos
As a result of the Delta outbreak, driver licences, Warrants of Fitness (WoFs), Certificates of Fitness (CoFs), vehicle licences (‘regos’) and licence endorsements that expired on or after 21 July 2021 will be valid until 30 November 2021, Transport Minister Michael Wood has announced today... More>>



Child Poverty Action Group: Highest jump in weekly benefit numbers since first lockdown

The current lockdown has triggered the largest weekly increase in benefit recipient numbers since the first lockdown last year, and Child Poverty Action Group is concerned the Government isn't doing enough to assist affected families... More>>


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels