Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Play The Ball, Not The Man - Employers' Federation

Play The Ball, Not The Man Says Employers' Federation

NZ Employers' Federation President Robyn Leeming says it's absurd for the Finance Minister to claim that the slide in the Kiwi dollar is due to business organisations scaring off overseas investment.

Ms Leeming says business organisations like the Employers' Federation have a responsibility to convey their members' concerns over issues which impact on their bottom line, and the Government should play the ball, not blame the messenger.

"Our members are simply feeling the impact of the Government's policy directions. Today's survey of business opinion* by our Canterbury regional association shows 40% expect business conditions to decline over the next six months, compared with 13% a year ago. What is concerning is that 53% report shortage of demand as a constraint to business growth, showing that consumers as well as employers lack the confidence to open their cheque books.

"This uncertainty is a direct result of the Government's policy direction - and the Government should face up to it, Ms Leeming said.

"We no longer live in fortress New Zealand. This country's policy direction is blindingly obvious to investors around the world and is the reason why they are deciding not to invest here.

"The Minister of Finance must take responsibility for correcting the cause of the New Zealand dollar's weakness and not try to blame those who are suffering from it," Ms Leeming said.

Ends


Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines


Gordon Campbell: On The US Opposition To Mortgage Interest Deductibility For Landlords


Should landlords be able to deduct the interest on the loans they take out to bankroll their property speculation? The US Senate Budget Committee and Bloomberg News don't think this is a good idea, for reasons set out below. Regardless, our coalition government has been burning through a ton of political capital by giving landlords a huge $2.9 billion tax break via interest deductibility, while still preaching the need for austerity to the disabled, and to everyone else...
More


 
 

Government: Concerns Conveyed To China Over Cyber Activity
Foreign Minister Winston Peters has confirmed New Zealand’s concerns about cyber activity have been conveyed directly to the Chinese Government. “The Prime Minister and Minister Collins have expressed concerns today about malicious cyber activity... More

ALSO:


Government: GDP Decline Reinforces Government’s Fiscal Plan

Declining GDP for the December quarter reinforces the importance of restoring fiscal discipline to public spending and driving more economic growth, Finance Minister Nicola Willis says... More

ALSO:


Government: Humanitarian Support For Gaza & West Bank

Winston Peters has announced NZ is providing a further $5M to respond to the extreme humanitarian need in Gaza and the West Bank. “The impact of the Israel-Hamas conflict on civilians is absolutely appalling," he said... More


Government: New High Court Judge Appointed

Judith Collins has announced the appointment of Wellington Barrister Jason Scott McHerron as a High Court Judge. Justice McHerron graduated from the University of Otago with a BA in English Literature in 1994 and an LLB in 1996... More

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.