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


IPENZ Engineers NZ: New Cabinet well-designed

New Cabinet well-designed to face triple challenge in lifting economic performance

IPENZ considers the new Cabinet is well-designed for tackling the triple challenge for economic performance by improving infrastructure, creating a supportive regulatory environment and developing new export industries.

“The appointment of the Minister of Finance, Bill English, as the Infrastructure Minister sends a very strong signal that additional expenditure will be focussed on what will be most effective for economic growth, and will still be fiscally prudent,” say Dr Andrew Cleland, IPENZ, Chief Executive. “He will be supported by Steven Joyce as Minister of Transport and ICT ranked at 17 and Gerry Brownlee at number 3, as Minister of Energy.”

IPENZ believes the new Government’s plan to increase infrastructure investment will face some significant challenges in light of the current international credit squeeze and the local government sector who will want to minimise increases in rates in their 10 year plans.

“However infrastructure is sufficient for economic growth but not enough in itself - it is only one leg of the three legged stool needed for economic growth,” says Dr Cleland. “The second is an improved regulatory system and with Nick Smith, ranked No. 6, as the Minister for the Environment has declaring his enthusiasm for regulatory reform along with the appointment of Simon Power, at No.4– Minister of Commerce - infrastructure investment can only be enabled with an efficient regulatory system.”

“The third leg of the stool is investment in capital and skills with a focus on sectors of the economy that can make the greatest contribution to lifting NZ’s productivity and economic growth – namely knowledge based industries and the construction sector. This has proved a very difficult challenge for the previous government and will be faced by Gerry Brownlee, as Minister for Economic Development, and by Dr Wayne Mapp, ranked No.13, as Minister of Research Science and Technology,” he says.

“No country has got rich by farm-based products alone, we desperately need a diversified economic development sector. Productivity in our manufacturing sector is low by international standards. Getting our R & D aligned with market opportunities, so precious capital is not wasted will be vitally important.”

“IPENZ is pleased that taking a three-pronged approach to improved economic performance has been placed in the hands of the new front bench. Collectively they face a challenge that is far greater than the previous government has had to deal with over the last nine years.”


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On National’s Rampant Pandering To The Farming Vote

What on earth has happened to the political parties n the centre-right? Once upon a time in the US, the party of Lincoln was a respectable political party before it devolved into the cult of Trump. Here at home, the National Parry used to be able to manage and administer the economic orthodoxy in a reasonably competent fashion. Now it can barely do simple addition and subtraction. Something must have gotten into the water, and not simply out on the farm... More>>


Winston Peters Speech: The Gathering Storm Clouds: Ihumatao

Frequently around New Zealand you hear people say that politicians are all the same. It’s a convenient way to dismiss any careful investigation of the truth of that statement. New Zealand First since its inception has been committed to ‘one law ... More>>


National Agriculture Policy: Will Restore Farmer Confidence And Pride

A National Government will reduce regulatory burden and give farmers confidence for the future. Leader of the National Party Judith Collins and Agriculture spokesperson David Bennett announced National’s Agriculture policy in Gisborne today. “Agriculture ... More>>


Shaw: Wealth Tax Not A Bottom Line For Green Party But They Will Push For It

Green Party co-leader James Shaw says one of his senior MPs misspoke under pressure when she said a wealth tax was one of the party's bottom lines. More>>


Government: More Border Exceptions For Critical Roles

The Government has established class exceptions for border entry for a limited number of veterinarians, deep sea fishing crew, as well as agricultural and horticultural machinery operators. “Tight border restrictions remain the backbone of the Government’s ... More>>


Gordon Campbell: On Last Night’s Leaders Debate

Do political debates change voter intentions, and cause voters to switch sides? According to a 2019 Harvard Business School study conducted across 61 elections in nine countries involving 172,000 respondents, the answer would seem to be a resounding ... More>>


Dunne Speaks: The Election Campaign Just Grinds Slowly On And On

With just over three weeks until the General Election, the release of the first major pre-election opinion poll this week confirmed what was already being reported about this year’s campaign. Although the gap between Labour and National has narrowed ... More>>

Electoral Commission: Candidate And Party Lists Released

17 registered political parties and 677 candidates will be contesting the 2020 General Election Nominations have now closed and the Electoral Commission has released the electorate and party list candidates for 2020 online at vote.nz . Advance voting ... More>>

National: Plan To Restore NZ’s Prosperity

National’s Economic and Fiscal Plan carefully balances the need to invest in infrastructure and core public services while also reducing tax pressure on Kiwi families and businesses. National Leader Judith Collins and Finance spokesperson Paul Goldsmith unveiled National’s ... More>>


NZ First: Party List

New Zealand First has a proven twenty-seven-year history of bringing balance and common sense to our government. Amid the continued setbacks of COVID-19 restrictions, New Zealand First has once again sustained its profile by selecting a strong team ... More>>





InfoPages News Channels