Parliament

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

 

Economic Growth Slowing Under Coalition Government

The Reserve Bank has confirmed 2019 was a fizzer with today’s Monetary Policy Statement estimating economic growth of just 1.6 per cent in 2019, National’s Finance Spokesperson Paul Goldsmith says.

“Growth of 1.6 per cent isn’t good enough, and is a sharp decline from the three to four per cent growth New Zealand was experiencing under National.

“We should note these GDP estimates cover the 2019 year - a period before New Zealand felt any economic effect from coronavirus – and shows New Zealand is in a much weaker economic position than we should be to weather the shocks of the coronavirus which economists say will cost our economy hundreds of millions.

“The slowdown in 2019 is a direct result of the Government introducing more tax, excessive regulations and gutting New Zealand’s infrastructure pipeline. Under National’s responsible economic management, New Zealand was much more resilient to these type of economic shocks.

“It’s clear that the Government has no plan for the economy and no direction. Only National will deliver the strong policies needed to support and grow the economy including building infrastructure, spending taxpayer’s money wisely, reducing the cost of living for Kiwi families and leaving more money in their back pocket.”

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Our Unreal Optimism About The Economic Impact Of Coronavirus

At this week’s Chinese New Year celebrations, PM Jacinda Ardern was resolutely upbeat that business with China would soon bounce back to normal – better than ever, even - once the coronavirus epidemic has been brought under control. To Ardern, the adversity has only accentuated just how close we are to Beijing Nothing wrong with being upbeat, if it can calm the nerves and turn business sentiment into a self-fulfilling prophecy. The problems begin when the optimism detaches itself from reality. What has been very odd so far about the coronavirus episode is that global share markets – normally spooked by mere sneezes or sniffles in the world’s major economies - have continued to be fairly positive, even as the epidemic has unfolded... More>>

First Published on Werewolf here


 

Vaping: Government To Regulate Products

No sales to under-18-year-olds No advertising and sponsorship of vaping products and e-cigarettes No vaping or smokeless tobacco in smokefree areas Regulates vaping product safety comprehensively, - including devices, flavours and ingredients Ensure ... More>>

ALSO:

Gordon Campbell: On The Political Donations Scandals
Even paranoids have real enemies. While there has been something delusionary about the way New Zealand First has been living in denial about its donations scandal, one can sympathise with its indignation about Paula Bennett and Simon Bridges being among its chief accusers. More>>

ALSO:



UN Expert: NZ Housing Crisis Requires Bold Human Rights Response

This is a press statement from UN Special Rapporteur on the right to housing at the end of her 10-day visit to New Zealand. The Government of New Zealand has recognized that the country is facing a housing crisis, said Leilani Farha, UN Special Rapporteur ... More>>

ALSO:

2020 And Beyond: National’s Economic Plan

National Leader Simon Bridges has today outlined National’s economic plan heading into election 2020. “National understands the economy and how it impacts on New Zealanders day to day lives... More>>

ALSO:


 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 


 

InfoPages News Channels