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


The Economy Isn’t Back, We’re In Recession

“The Prime Minister’s claim earlier this month that ‘the economy is back’ now looks foolish with news this morning that economic activity has fallen sharply,” says ACT Leader David Seymour.

The March 2020 quarter saw the largest fall in economic activity since 1991.

“With New Zealand now almost certainly in recession, we need to give people certainty, with a clear plan to restart the economy.

“This was entirely foreseeable. The Government’s Covid-19 response was late, and it then had to impose a severe lockdown.

“It showed a lack of nimbleness on testing and contact tracing, it took an essential rather than a safe approach to opening the up the economy, and it still hasn’t managed to use innovative technology to create smart borders.

“There was always going to be an economic slowdown. The challenge is how we deal with it.

“Right now, the Government has no plan except borrowing $140 billion and hoping for a vaccine to come along.

“The economic and fiscal impacts of this crisis are going to be much greater than the Prime Minister and the Government have told New Zealanders.

“Instead of aiming for perfection on a single measure, borrowing billions, and hoping for a vaccine that might not arrive, ACT has said we need to build resilience in post-Covid-19 world.

“We have produced a clear and comprehensive plan to cut taxes and red tape, go for growth, create new job opportunities, and take on less debt.

“We also need to invest in our public health and create the world’s smartest borders. This requires proactiveness from government, working with the private sector.

“One example would be using innovative technology like Datamine’s ëlarm in conjunction with other border measures. It would likely have detected the two wayward travellers who caused so much trouble this week.

“New Zealanders need more certainty from the Government and a clear plan for restarting the economy. Borrowing billions and hoping for a vaccine won’t cut it.”

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Pike River Recovery: Loader Driven By Russell Smith Recovered

A loader driven by former miner Russell Smith at the time of the Pike River Mine explosion has now been recovered from 1581m up the 2.3km drift access tunnel.
The recovery of the loader went smoothly and to plan. Pike River families were able to witness it being towed to a storage area, Chief Operations Officer Dinghy Pattinson says.
“We reached the loader at the end of last week, and then conducted a very deliberate and exacting forensic examination of the vehicle and operational zone... More>>


Parliament Adjourns: Adjournment Debate: Speaker Trevor Mallard

The 52 Parliament has sat for the last time before the September Election. It sat for 245 days... More>>


E-Cigarettes: Vaping Legislation Passes

Landmark legislation passed today puts New Zealand on track to saving thousands of lives and having a smokefree generation sooner rather than later, Associate Health Minister, Jenny Salesa says. The Smokefree Environments and Regulated Products (Vaping) ... More>>


National: $4 Billion Investment To End Wellington’s Congestion Woes

A National Government will invest another $4 billion in transport infrastructure across Wellington, igniting the economy and delivering the congestion-busting solutions the region has long been crying out for, National Party Leader Judith Collins says. ... More>>


Gordon Campbell: On The Virtues (and Fluffed Opportunities) Of The Operation Burnham Report

One unspoken rule of thumb in any official public inquiry is : whatever you do, don’t conclude you were made to listen to “a litany of lies” even if the evidence of a deliberate cover-up is right there under your nose. In that respect, the report ... More>>


Horizon Research Limited: How Judith Collins Stopped The Bleeding

Horizon Research includes questions on voting from time to time in its surveys – for both forthcoming referenda and general elections. More>>

Your Vote 2020: Bringing Election Coverage To Viewers Across TVNZ Channels And Platforms

As New Zealand gets ready to head to the ballot box this September, 1 NEWS is bringing voters comprehensive coverage and analysis of this year’s General Election. TVNZ’s coverage will draw on the depth of experience held across the 1 NEWS team, says Graeme ... More>>

Economy: 30% Believe Households Worse Off, 298,000 Expect To Lose Jobs

64% of New Zealanders feel the economic position of their households is the same or better than a year ago – and 30% think it is worse or much worse, while 298,000 think they will lose their jobs in the next 12 months. Households’ perceptions ... More>>

State Services Commission: Findings Of Investigation Into COVID-19 Active Cases Privacy Breach

Deputy State Services Commissioner Helene Quilter has today announced the findings of an investigation into a breach of privacy regarding sensitive personal information. The investigation looked into who or what caused the disclosure of the information, ... More>>

International Security: New Zealand Suspends Extradition Treaty With Hong Kong

The New Zealand Government has suspended its extradition treaty with Hong Kong and made a number of other changes in light of China’s decision to pass a national security law for Hong Kong, Foreign Affairs Minister Winston Peters says. More>>






InfoPages News Channels