Parliament

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

 

Cullen Must Act to Boost Economy

Cullen Must Act to Boost Economy

Rodney Hide Wednesday, 26 October 2005 Press Releases - Economy

ACT Leader Rodney Hide said today it was vital for Finance Minister Michael Cullen to set out a clear plan for the government's economic management over the next three years.

"The economy is tanking, interest rates are rising, inflation is up and business confidence has sagged. Meanwhile, the new government is drifting without clear vision, direction or objectives.

"Now Cullen is saying there's nothing he can do for 600 people about to lose their jobs at Air New Zealand. That's after he spent $885 million to "save" the airline. Let's hope there's no other businesses in his sights to save.

"Businesses need to know what they can expect from the new government. Michael Cullen must spell out what he intends to do over the next three years.

"To boost the economy, he should be getting on top of excessive government expenditure, cutting taxes and slashing the red tape that is driving business nuts.

"The state of the economy means it's time Cullen actually delivered," Rodney concluded.

ENDS


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Demise Of The Tokyo Olympics

As the Covid vaccines roll out around the world, the Tokyo Olympics are looming as a major test of when (and whether) something akin to global normality can return – to international travel, to global tourism, to professional sport and to mass gatherings of human beings. Currently though, it looks like a forlorn hope that Japan will be able to host the Olympics in late July. Herd immunity on any significant scale seems possible only by December 2021, at the earliest... More>>

 

New Zealand Government: Cook Islanders To Resume Travel To New Zealand

The Prime Minister of New Zealand Jacinda Ardern and the Prime Minister of the Cook Islands Mark Brown have announced passengers from the Cook Islands can resume quarantine-free travel into New Zealand from 21 January, enabling access to essential services such ... More>>

ALSO:

A New Year: No politicians at Rātana in 2021

Annual celebrations at Rātana pā will be different this year, amid a decision to hold an internal hui for church adherents only… More>>

ALSO:

Government: Pre-Departure Testing Extended To All Passengers To New Zealand

To further protect New Zealand from COVID-19, the Government is extending pre-departure testing to all passengers to New Zealand except from Australia, Antarctica and most Pacific Islands, COVID-19 Response Minister Chris Hipkins said today. More>>

ALSO:

Covid: Border Exception for 1000 International Students

The Government has approved an exception class for 1000 international tertiary students, degree level and above, who began their study in New Zealand but were caught offshore when border restrictions began....More>>

ALSO:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels