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


Former Treasury Secretary highlights key issue

Former Treasury Secretary highlights key election issue

Dr Graham Scott
Thursday, 15 September 2005
Press Releases - Economy

In an open letter to business leaders today former Treasury Secretary and Health Funding Authority Chairman, and current ACT list (no 5) candidate Dr Graham Scott said the major issue behind this election is at serious risk of being obscured in the heat of the campaign. He said the critical issue facing New Zealand today and one that runs much deeper than whether tax cuts are affordable, is how to have both a strong economy andfair and affordable policies for health, education, housing, and adequate incomes for all over their lifetimes. He said David Lange's government blew apart over this difficult issue and that he had no confidence that National had either the will or the ability to address it.

"National governments have ruled New Zealand for the lion's share of the last half century, and time and again they let historic opportunities to make real progress on this critical issue slip by," he said.

Dr Scott, whose work experience includes the Reserve Bank Act, GST, the State Owned Enterprises Act, the Public Finance Act and Fiscal Responsibility Act, said quality policies were crucial to getting the role of government right and to balancing the possibilities of government failures alongside market failures.

"Labour's approach to this issue has been to take an expanding share of the growth in the economy in taxes, target income support to groups of its choice, absorb the middle classes into the welfare state and monopolise and control the provision of essential services, with a strong bias against involving the private sector.

"Labour's economic philosophy is captured in Helen Clark's statement that 'the government's role is whatever the government defines it to be'. This view of a burgeoning state is dangerously close to the philosophy of the National government that led us into the 1984 economic crisis."

Dr Scott, who has been advising governments around the world for the past 12 years, said he believed ACT could make a major and immediate contribution on these important issues.

"History has shown that both Labour and National governments have imposed statist policies on New Zealand and we can have no confidence that a Brash-led government on its own will be strong enough to achieve anything different.

"I believe the experience, capability and horsepower that ACT would bring to a National government would have a profoundly positive impact, particularly in providing an enduring solution to the problem of integrating economic and social policies.

"That's why I have written to New Zealand business people today to urge them to weigh up these issues. The only way to achieve high quality public policy is if ACT is part of the next government. So I am asking New Zealanders to support ACT with their Party Vote."

In the letter, sent today to 4000 business people, Dr Scott said he decided to stand for ACT because he is impressed with its liberal philosophy and with its people.

"I have worked closely with the former ministers who founded ACT and who continue to provide great wisdom and depth of experience. I am impressed with its Parliamentary team and its vigorous and intelligent young candidates," Dr Scott said.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Some Of The Moral Objections Being Levelled At Covid Vaccines

Quite the switch. Barely three months ago, the government was priding itself on cannily spreading its vaccine bets between Pfizer, AstraZeneca, Novovaxx and the Johnson and Johnson vaccine being produced by its subsidiary, Janssen. It had seemed like a good idea to have supply contracts in place with almost the entire field given the uncertainties... More>>


Earthquakes: Tsunami Activity – Cancelled

The National Advisory issued at 2:48pm following this morning's earthquakes near the KERMADEC ISLANDS REGION is cancelled.
The advice from GNS Science, based on ocean observations, is that the Beach and Marine threat has now passed for all areas... More>>

Joint Press Release: Dirty PR Exposed In Whale Oil Defamation Trial

Three public health advocates are relieved that their long-standing Whale Oil defamation trial against Cameron Slater, Carrick Graham, Katherine Rich and the Food and Grocery Council has finally concluded and they are pleased that the truth has come out... More>>


Government: Next Stage Of COVID-19 Support For Business And Workers

The Government has confirmed details of COVID-19 support for business and workers following the increased alert levels due to a resurgence of the virus over the weekend... More>>


Maori Party: New National Executive

This morning the Māori Party confirmed their new National Executive including Che Wilson, Fallyn Flavell, John Tamihere and Kaiarahi Takirua: Rawiri Waititi and Debbie Ngarewa-Packer... More>>

Government: Balanced Economic Approach Reflected In Crown Accounts

New Zealand’s economic recovery has again been reflected in the Government’s books, which are in better shape than expected.
The Crown accounts for the seven months to the end of January 2021 were better than forecast in the Half Year Economic and Fiscal Update (HYEFU)... More>>

Covid-19: Auckland Back To Alert Level Three After One New Community Case Revealed

Auckland will move to alert level three for a week at 6am tomorrow morning after two new Covid-19 community cases announced this evening could not be directly linked to earlier cases, the Prime Minister has confirmed.
The rest of the country will move to level two.... More>>

NZ Initiative: New Report Highlights How Our Housing Crisis Could Worsen If We Don’t Act Now

If New Zealand politicians thought the housing crisis in 2020 was bad, the worst is yet to come, warns a new report by The New Zealand Initiative. In The Need to Build: The demographic drivers of housing demand , Research Assistant Leonard Hong ... More>>




InfoPages News Channels