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

 

Brash Blind Spot On Cost Of Imports

"Of those politicians who responded today to Don Brash's suggestion to scrap the dole, none mentioned the economic cost of imports", says MADENZ founder Stephen Tindall the woman.

"In 2001 we imported $2.8 billion worth of goods from our 30 top trading nations. According to figures obtained from NZ Statistics and BERL, these imports cost 56,560 jobs which cost the NZ economy $510,736,800 in welfare payments, $390,433,000 in loss of taxation and $634,094,000 in loss of spending power.

This resulted in a total cost to the economy of $1.5 billion and means that every dollar spent on importing goods costs the economy 53 cents."

"The economic cost of imports in 2001 surpassed the cost of welfare benefits for that year. For a person who is concerned about the cost of welfare, I believe it is contradictory of Dr Brash not to address the cost of imports", said Ms Tindall from Mt Maunganui today.

Ends

Contact: Stephen Tindall -the woman Founder of MADENZ Tel/Fax 07 5745822 025 871128


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

 
 
 
 
 
 
 

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.