Parliament

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

 

Misguided Market Studies A Waste Of Time

“The Government’s New Year’s resolution should be to give up on its misguided policy of announcing market studies. They cost millions to find things we already knew,” says ACT’s Associate Finance spokesperson Damien Smith.

“Labour loves to spend money and it loves to kick problems down the road.

“It did a market study on fuel prices, anyone who’s filled up lately knows it more expensive than ever for a tank of gas. A far cry from Kris Faafoi’s claims that petrol would come down by 18-32c a litre.

“Labour spent millions looking at grocery prices. It found what we already knew. There is little real competition in the grocery duopoly, suppliers are treated poorly, if not wickedly, and consumers pay higher prices than they would in a more competitive market.

“Now there’s another market study in building products.

“The real issue faced by these sectors is the one faced by the agricultural sector, small business, big business, and everyone trying to do business.

“New Zealand’s range of resource management, employment, health and safety, and foreign investment laws make it too difficult to do business here. Resource management law reforms where the priority is to ‘give effect to the principles of the Treaty of Waitangi’ won’t help.

“If the Government really cared about consumers and competition, it would stop making laws that make it harder to do business in New Zealand. If we want more competition, it must be possible for investment to come into the country, sites to be developed for property, skilled people to come through the border, and new employers to employ people without endless bureaucracy, not to mention the onset of ‘fair pay’ agreements which will make competition even harder with all workers in a sector on the same contract nationwide.

“The only winner out of these ongoing reports is the Commerce Commission, who gets a new line of work in the form of lengthy but low value ‘market studies.’

“ACT says Labour’s New Year’s Resolution should be no more market studies. We know what the real issues are- it’s time for Labour to address them.”

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Our Local Responses To The Global Problems Of Inflation


In the United Kingdom, inflation is running at its highest rate in 30 years. In the US, inflation hit 7% during 2021. You wouldn’t want to be in Estonia, where inflation has just hit 12%. Across the Eurozone – the measurement methods vary – inflation is averaging out at 5%. In Canada, inflation is running at its highest level in 30 years. Inflation is not simply a problem afflicting developed countries. In a developing country like Brazil inflation is running at its highest level in seven years...
More>>



 
 

Government: Building And Shaping A City: Future-proofing Auckland Transport Infrastructure
The Government is bringing Auckland’s transport infrastructure into the future by moving forward with an additional Waitematā Harbour crossing, progressing light rail from Auckland’s CBD to the airport, and creating a linked-up rapid transport network as part of a 30-year plan... More>>

The Treasury: Financial Statements Of The Government Of NZ For The 5 Months Ended 30 November 2021
Interim Financial Statements of the Government of New Zealand for the 5 months ended 30 November 2021... More>>

ALSO:


Government: Announces Three Phase Public Health Response To Omicron
The Government has announced a three phase Omicron plan that aims to slow down and limit the spread of an outbreak, Associate Minister of Health, Dr Ayesha Verrall announced today. “Through the course of managing Omicron, we will be taking a phased approach. As case numbers grow both testing and isolation approaches will change in response... More>>



Ministry Of Transport: Have Your Say On The Future Of Road User Charges
Te Manatū Waka Ministry of Transport is inviting New Zealanders to submit their views on improving the Road User Charges system, says Secretary for Transport, Peter Mersi... More>>


TradeMe: New Zealand Rents Climb $40 Per Week In One Year

New Zealand’s national median rent climbed $40 a week in 2021 to reach $560 in December, according to Trade Me’s latest Rental Price Index. Trade Me Property Sales Director Gavin Lloyd said last month’s national median weekly rent showed an 8 per cent annual increase... More>>


Transparency International: New Zealand Retains Top Ranking In Annual Corruption Perceptions Index
New Zealand is once again ranked least corrupt in the world by Transparency International’s annual Corruption Perceptions Index. This year New Zealand’s score of 88 out of 100 is unchanged resulting in it being first equal with Denmark and Finland... More>>

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels