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


Family Party Statement on Economic Crisis

16 October 2008

Family Party Statement on Economic Crisis

The Family Party recognises that the current economic situation is too important for any individual party to shoulder, and requires a cross-party response. A decade of deficits and exorbitant state spending proves that Labour cannot be trusted to manage the economy in this difficult time. National in our view has the economic expertise to manage this crisis, so our country needs a change of government. But just as we do not trust Labour to manage the economy, we believe the Family Party is needed to ensure that National protects and keeps the best interests of New Zealand families at the forefront of their endeavours.

The Family Party wishes to work alongside the economic expertise of National, and possibly Act, to keep the government focused on New Zealand families throughout this crisis.

We propose the following measures:


1. Lower personal and business taxes to keep more money in the home, businesses and the overall economy.

2. An immediate repeal of the Emissions Trading Scheme, to remove this unnecessary cost to New Zealand families and businesses.

3. Immediately suspend Kyoto Protocol commitments, an unnecessary expense we cannot afford.


4. Remove GST from basic food groups, infant and elderly necessities, household energy (power bill) rates (a tax on top of a tax) and the excise duty on fuel (a tax on top of a tax). Also see points 7 and 8 under Banking.


5. An immediate 3-month cap on the current expenditure level of the entire public sector, thereafter reviewed on a regular basis, during which period we would conduct:

a) A detailed review of all public-sector expenditure, to identify non-essential expenditure that could be scaled back, cut, or redirected to the provision of front-line services for the duration of the crisis, and to identify expenditure that must be increased to manage this situation.

b) An urgent review of bureaucracy such as the RMA and the Building Act, to cut compliance costs.

c) Maintaining our welfare and public health expenditure, and increasing it where necessary, but redirecting costs where possible from bureaucracy to front-line services.

d) Maintain law enforcement and defence expenditure and expand if possible as in our policies, providing more employment in these sectors.

6. Protect the families of public sector employees by avoiding lay-offs. Where possible money will be saved in ways that do not reduce employment, but any staff that may still become redundant through restructuring will wherever possible be provided employment elsewhere in the public sector at their current pay level and near their current location, in those areas of the public sector that are being expanded as a result of the crisis.


7. An immediate cut in interest rates as far as the Reserve Bank deems feasible.

8. Any family that has a fixed rate mortgage over their family home (which they must be living in) will have the costs to break that mortgage met by the government to avail themselves of lower interest rates.

9. A short-term guarantee of bank deposits in reputable firms to reduce the risk of savings withdrawals and bank closures, to be reviewed every six months.


10. Favour New Zealand companies over off-shore companies for state contracts for the duration of the crisis, to maintain employment in NZ.

11. If the crisis gets worse and unemployment rises significantly, the establishment of work-for-the-dole schemes to provide employment and income for families while constructing useful infrastructure for the benefit of the country.

Notwithstanding the significance of the economic crisis facing our country, the Family Party is optimistic that through cross-party support and the best use of New Zealand's economic and business minds, we can have every confidence in building a great future.

Our workable MMP strategy to target winnable seats through former MP Paul Adams in East Coast Bays and Jerry Filipaina in Mangere, means EVERY PARTY VOTE for the Family Party will count towards a brighter future for New Zealand businesses and families.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Sending An Orion P-3 To Tonga

Because the undersea volcanic eruption in Tonga cut communications with the more remote parts of the country, it wasn’t at all surprising that as a good Pacific neighbour, New Zealand sent a reconnaissance aircraft up there to gather information about the extent and location of the damage. The more interesting thing was which plane we sent. It was an old P-3K Orion. It wasn’t one of the four fancy P-8 Poseidons that the New Zealand taxpayer spent north of $3 billion to purchase and to equip, only a few years ago...


Government: New Zealand Prepared To Send Support To Tonga

New Zealand is ready to assist Tonga in its recovery from Saturday night’s undersea eruption and tsunami, Foreign Affairs Minister Nanaia Mahuta and Defence Minister Peeni Henare said today... More>>

Ministry of Health: COVID-19 Immunisation Starts For 5 To 11-year-old Tāmariki

More than 120,000 doses of the child (paediatric) Pfizer vaccine have been delivered to over 500 vaccination sites around New Zealand as health providers prepare to start immunising 5 to 11-year-olds tamariki from today, 17 January... More>>

Crown: Duke Of York’s NZ Military Patronage Appointment Ends
Buckingham Palace has recently announced that, with the Queen's approval and agreement, the Duke of York’s military affiliations and Royal patronages have been returned to the Queen... More>>

CTU: Too Many Kiwi Workers Financially Vulnerable As Omicron Looms
With New Zealand on the precipice of an Omicron outbreak and the economic upheaval that comes with it, the CTU’s annual Mood of the Workforce Survey shows the vast majority of kiwi workers do not have the financial resources to survive a period of unemployment... More>>

Financial Advice NZ: Law Changes Locking Out Home Seekers, Urgent Meeting Sought With Government

Recent changes in consumer finance law on top of Government policy changes are locking many home seekers out of finance options they would have qualified for just six weeks ago, says Financial Advice New Zealand... More>>

Energy: Powering NZ’s Future With Biofuels
The Government will introduce a Sustainable Biofuels Mandate to help reduce greenhouse gas emissions in the transport sector, Energy and Resources Minister Megan Woods said today... More>>




InfoPages News Channels