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


Government Policies Hurt Exporters

Media Release
23 September 2003

Government Policies Hurt Exporters

New Zealand First says exporters are being hurt by the pressure created by Government policies of using high immigration numbers to lift economic growth through increased consumption.

Leader Rt Hon Winston Peters said interest rates in New Zealand were high by international comparisons and the Reserve Bank was keeping them up because of the explosive housing market – particularly in Auckland.

“The pressure on housing is due mainly to the huge population increase caused by hundreds of thousands of immigrants pouring into the area over the past four years.

“The Government foolishly embarked on this policy to push up economic growth without thinking of the downstream effects such as pressure on housing and other social, economic and physical infrastructure.

“The result of all this is that the creators of the country’s wealth, the exporters, are being hurt by a high New Zealand dollar which is affecting their returns and their ability to compete on international markets.”

Mr Peters warned that the situation could not continue because increasing exports held the key to economic growth in New Zealand.

“Our social services are gradually slipping into Third World status and the trend will continue unless the Government stops importing people and introduces plans to increase exports - in short production, not consumption.”


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Yesterday’s Big Parliamentary Air Kiss To China

In order to obtain support from the two major parties, Act Party deputy leader Brooke Van Velden twice had to soften the language of her parliamentary motion yesterday condemning China’s persecution of the Uighurs. The key word “genocide” was deleted. Evidently, the kind of resolution passed by a conservative government in the UK proved to be far too tough for a centre-left Labour government and a centre-right National opposition to countenance. Yesterday, the two major parties were united in their fear of retribution from China... More>>


Government: Fair Pay Agreements To Improve Pay And Conditions For Essential Workers

The Government is delivering on its pre-election commitment to implement Fair Pay Agreements which will improve wages and conditions, as well as help support our economic recovery, Workplace Relations and Safety Minister Michael Wood announced today. More>>


Public Services: Government Sets Pay And Workforce Expectations For The Public Sector

The Government’s Workforce Policy Statement issued today sets out its expectations for pay and employment relations in the Public Sector, the Minister of Finance and Minister for the Public Service say. “New Zealand has had an exceptionally successful ... More>>


Government: Budget 2021 Reprioritises Nearly $1 Billion

Hon Grant Robertson Deputy Prime Minister Minister of Finance The Government’s strong pandemic response and the better than expected economic recovery means not all the money allocated in the COVID-19 Response and Recovery Fund has been spent, ... More>>


PM: Statement On The Speaker And Annual Review Debate

“The serious issue of alleged sexual assault and harassment at Parliament was poorly managed and inappropriately politicised last night. The tone of the debate did not reflect well on Parliament as a whole,” Prime Minister Jacinda Ardern said. ... More>>

Parliament: Mallard Fails To Give Taxpayers A Straight Answer

Trevor Mallard has confirmed he is unfit to be Parliament’s Speaker by failing to answer several important questions relating to the false rape accusation saga that cost taxpayers more than $330,000, Shadow Leader of the House Chris Bishop says. ... More>>

Local Government: Independent Review To Explore Future

Local Government Minister Nanaia Mahuta says an independent review of local government will explore how councils can maintain and improve the wellbeing of New Zealanders in the communities they serve long into the future. More>>


PM Ardern And PM Morrison: Commencement Of Two-Way Quarantine-Free Travel Between Australia And New Zealand

Joint Statement by Prime Ministers Scott Morrison and Jacinda Ardern Commencement of two-way quarantine-free travel between Australia and New Zealand Today, Australia and New Zealand have fulfilled their commitment to establish two-way quarantine free ... More>>




InfoPages News Channels