Parliament

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

 

Tariff Act Repeal Bill Pulled From Ballot

Tariff Act Repeal Bill Pulled From Ballot


ACT New Zealand Economic Spokesman Sir Roger Douglas was today pleased that his Tariff Act Repeal Bill was drawn from the Ballot, which, if successful would see the removal of all remaining tariffs on imported goods.

“A tariff is a tax imposed on all imported goods and hurts all consumers. It forces us to pay higher prices for goods than we otherwise would, leaving us with less money – if any - to spend elsewhere," Sir Roger said.

"In 2008-09 alone, tariffs cost New Zealand consumers over $52 million more than they would have paid for consumer goods if there were no tariffs in place. Why is the Government taxing people for buying imported bed linen, pots and pans, cutlery, shoes, and iPods? In the current economic climate, that money would have been much better left in consumers’ hands, rather than lining the Government’s pockets.

“Worse still, tariffs hinder our productivity and reduce real wages. Our economy is most productive when we use our resources to produce and sell things we make well, using the proceeds to buy products that would otherwise be very costly for us to make.

“Tariffs artificially protect industries that would otherwise be unable to compete, encouraging continued investment in inefficient industries at the expense of investment in industries in which we are efficient. By removing tariffs investors will no longer have an incentive to invest in industry that requires Government protection to survive.
“This Bill will be another test for a National Party which is increasingly adopting economically unorthodox positions. They have long been advocates for free trade, and so it is time for them to step up and affirm their commitment to open markets,” Sir Roger said.

ENDS


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell : On Dealing With Impeccable, Impeachable Lies

By now, the end game the Republican Senate majority has in mind in their setting of the rules for the impeachment trial of Donald J. Trump is pretty clear to everyone: first deny the Democrats the ability to call witnesses and offer evidence, and then derisively dismiss the charges for lack of evidence. For his part, does former security adviser John Bolton really, really want to testify against his former boss? If there was any competing faction within the Republican Party, there might be some point for Bolton in doing so – but there isn’t. More>>

Published on Werewolf

 
 

WINZ Quarterly Report: More People Getting Into Work

The December quarter benefit numbers released today show the Government’s plan to get people off the benefit and into work is starting to pay off,” Social Development Minister Carmel Sepuloni said. More>>

ALSO:

Changing lives: Boost In Whānau Ora Funding

Whānau throughout New Zealand are set to benefit from an extra three million dollars that will go directly to Whānau Ora Commissioning Agencies, the Minister for Whānau Ora Peeni Henare announced today. More>>

ALSO:


PGF Kaikōura $10.88M: Boost In Tourism & Business

The Provincial Growth Fund (PGF) is investing $10.88 million to boost business and tourism opportunities in Kaikōura, Parliamentary Undersecretary for Regional Economic Development, Fletcher Tabuteau announced today. More>>

ALSO:

Whitebaiting: Govt Plans To Protect Announced

With several native whitebait species in decline the Minister of Conservation Eugenie Sage has today released proposals to standardise and improve management of whitebait across New Zealand. More>>

ALSO:


Education: Resource For Schools On Climate Change

New resource for schools to increase awareness and understanding of climate change... More>>

ALSO:

In Effect April: New Regulations For Local Medicinal Cannabis

Minister of Health Dr David Clark says new regulations will allow local cultivation and manufacture of medicinal cannabis products that will potentially help ease the pain of thousands of people. More>>

ALSO:


Gordon Campbell: On What An Inquiry Might Look Like

Presumably, if there is to be a ministerial inquiry (at the very least) into the Whakaari/White Island disaster, it will need to be a joint ministerial inquiry. That’s because the relevant areas of responsibility seem to be so deeply interwoven... More>>

ALSO:


 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 


 

InfoPages News Channels