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


Clark: Labour stands beside NZ exporters

2000 web siteLabour Leader Helen Clark said today that the new Labour government will stand beside the country’s small and medium-sized exporters with pragmatic policies to help them thrive.

Helen Clark was speaking before her visits to engineering firms Englefields and Glidepath in Auckland today.

“Glidepath Ltd is an export-oriented engineering company which is missing out on export orders because of the absence of adequate export credit guarantees in New Zealand. Glidepath is willing to discuss this problem with news media.

“Under National’s purist approach, our export sector has not done well enough, putting enormous pressure on the current account deficit, and ultimately eroding New Zealanders’ standards of living.

“In 1992 we exported over $2.2 billion more than we imported, but seven years later that figure has fallen to just $98 million.

“Many our best and brightest companies have left New Zealand. Companies that have relocated to Australia include Epiglass, Dorf Taps, Exonet and Bendon.

“The reasons for the departures of export-oriented companies are not hard to pinpoint. In Australia and just about every other developed country, governments actively support their exporters. Australia has its Export Finance and Insurance Corporation. The United States has the Export-Import Bank, and Britain has the Exports Credit Guarantee Department.

“Labour in government after 27 November will move in the same pragmatic direction, as part of our wider plan to develop industry and give our economy a fresh start.

“Under Labour, Trade New Zealand will develop appropriate export guarantee and export credit financing schemes to aid small and medium sized exporters.

“These schemes are important because in competitive markets our firms cannot afford to pull out when times are tough, such as during the recent economic crisis in Asia, and hope to re-enter at a later stage. As Australia has shown, these forms of assistance to exporters allow firms to remain committed, protect market share and seize opportunities when the recovery in overseas markets arrives.

“Pragmatism, not purism, is the driving force behind Labour’s industry and economic policies. That’s why Labour will also put a five-year freeze on tariff reductions, and pass legislation to rebuild the apprenticeship system wrecked by National in the early 1990s. That’s why Labour in government will establish Industry New Zealand to facilitate and support industry development in all regions of the country.

“Labour’s fresh start, and new direction in industry and economic policy, will help our exporters to enjoy the success they deserve,” Helen Clark said.

Contact: Mike Munro, 025 428 835 or David Lewis, 025 409 492

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Perils Of Declaring Premature Victory

Sure enough, Saturday’s Vaxathon was a barrel of fun and a throwback not merely to the Telethons of the past. It also revived memories of those distant days of early 2020, when we were all carefully wiping down our groceries, not touching our faces, washing our hands for 20 seconds and responding to level four lockdowns by putting teddy bears in the window for the benefit of the little kids walking by in their family bubbles. Those were the days, when the Team of Five Million felt like a real, organic thing... More>>



Economy: Inflation highest in over a decade
The consumers price index rose 2.2 percent in the September 2021 quarter, the biggest quarterly movement since a 2.3 percent rise in the December 2010 quarter, Stats NZ said today. Excluding quarters impacted by increases to GST rates, the September quarter movement was the highest since the June 1987 quarter... More>>


Government: New Zealand Increases Climate Aid Contribution

The Government is making a four-fold increase in the support it provides to countries most vulnerable to the climate emergency, Prime Minister Jacinda Ardern and Climate Change Minister James Shaw announced today... More>>

Government: Opportunity To Shape NZ’s First Emissions Reduction Plan
The Government is inviting New Zealanders to inform the country’s first Emissions Reduction Plan with the release of a consultation document containing a range of policy ideas to decrease the country’s emissions, Prime Minister Jacinda Ardern and Climate Change Minister James Shaw announced today... More>>


CPay Cheque To Pay Cheque: Half A Million New Zealanders Have No Savings
New findings from the Consumer NZ sentiment tracker found that 15% of New Zealanders had no savings, and a further 27% were anxious about their level of savings and would like to have more tucked away... More>>

Government: Mandatory Vaccination For Two Workforces

Large parts of two workforces critical to preventing the spread of COVID-19 will be required to be vaccinated, COVID-19 Response Minister Chris Hipkins said today. “Our education and health and disability workforces have done an incredible job throughout this pandemic to keep themselves and people safe,” Chris Hipkins said.... More>>

Green Party: Deeply Concerned Space Launches May Be Breaching Nuclear-free Laws

The Green Party is deeply concerned that space launches by Rocket Lab may be breaching nuclear-free laws, given our long-standing position as a signatory of the Nuclear Non-Proliferation Treaty... More>>




InfoPages News Channels