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


Brash to Announce Core Economic Policies

Brash to Announce Core Economic Policies

In the third in a series of six major policy speeches, ACT Party Leader Don Brash will tomorrow announce the cornerstone economic policies the party plans to campaign on and fight hard for in the next government.

The speech, delivered to the Workplace Savings Industry Conference in Auckland, sets out an economic package to boost productivity and address the deep structural imbalances in the economy, and would represent a radical step-change from the policies that have brought New Zealand to the brink of economic crisis.

“Our net debt to foreign creditors is around 90 percent of GDP, right up there with Greece, and Australian incomes are on average still 38 percent higher than ours.

“Our productivity growth is among the slowest in the developed world and pathetic compared with the rapid growth of countries in Eastern Europe and Asia.

“Meanwhile 65,000 people between 15 and 24 years of age are unemployed, 38% of young Maori between the age of 15 and 19 are unemployed, and at least 220,000 children are growing up in benefit-dependent households.”

Dr Brash said that while the economic package he would announce tomorrow contained sound mainstream policies that economists widely concurred with, of necessity it needed to be bold.

“Expect to hear courageous positions on the hard issues, including the scandalous electoral bribes introduced by the Clark/Cullen government such as interest-free student loans – which Bill English described as ‘an election year bribe on an unprecedented scale’, but which has been left unchanged.

“You can also expect strong advocacy for radical reform of the RMA and privatisation, and realism about the age of eligibility for New Zealand Superannuation.

“The National Government didn’t create the current mess; for the most part it was created by the Clark-Cullen Government.

“Over the past three years, especially with ACT’s contribution on such matters as the 90 day probation period and the establishment of the Productivity Commission, National has made a few steps forward.

“But it needs to move further and faster. I can’t sit by and watch the country sliding downhill while our bright young people continue to leave in droves.”

Dr Brash said his motivation for returning to Parliament was to help create a better New Zealand for his children and grandchildren.

“This is, perhaps, a rather extreme example of special interest politics, but I make no apology because what’s good for my children and grand-children is good for your children and grand-children also.

“I see no reason why New Zealand can’t again lead the world in living standards, with good jobs paying good wages for all New Zealanders. We can eliminate poverty and give our children and grandchildren the option of having a good life here or a good life abroad. It’s just going to take some vision and courage, and ACT has plenty of that to offer,” Dr Brash concluded.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Uncanny Valley Of Tokyo 2020

For all involved, this year’s Olympic Games have called for a willing suspension of anxiety. For now at least, the displays of skill and agility have been compelling enough to muffle some of the previous misgivings about the wisdom of asking athletes from all corners of the world to converge in one place in the middle of a pandemic, and at the height of a Tokyo summer... More>>



Child Poverty Action Group: Poverty Burden For Children Increased Due To Government Neglect - New Report

Poverty, inequity, homelessness and food insecurity are among the burdens which increased for tamariki Māori and other children in the first year of Covid-19 - partially due to Government neglect... More>>

Government: Cabinet Accepts Turkish Authorities’ Request For The Managed Return Of Three NZ Citizens

Cabinet has agreed to the managed return of a New Zealand citizen and her two young children from Turkey, Prime Minister Jacinda Ardern announced today. The three have been in immigration detention in Turkey since crossing the border from Syria earlier this year... More>>


Government: Quarantine Free Travel With Australia Suspended

Quarantine Free Travel from all Australian states and territories to New Zealand is being suspended as the Covid situation there worsens, Prime Minister Jacinda Ardern and COVID-19 Response Minister Chris Hipkins announced today... More>>


NZUS Council: Welcomes Nomination Of Senator Tom Udall As US Ambassador To NZ

The NZUS Council welcomes the nomination of Senator Tom Udall to the role of US Ambassador to New Zealand and Samoa, NZUS Council executive director Jordan Small said... More>>

BusinessNZ: Visa Extensions Welcomed
BusinessNZ has welcomed the extension of some critical skill visa durations and changes to immigration systems to speed processing. Chief Executive Kirk Hope says move acknowledges advocacy by the hospitality sector, the BusinessNZ Network and others, and comes not a moment too soon.... More>>

Social Development: Government Initiatives Contribute To Fall In Benefit Numbers

Minister for Social Development Carmel Sepuloni has welcomed the release of the June quarter Benefit Statistics which show a continuing fall in the number of people receiving a Main Benefit... More>>




InfoPages News Channels