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

 

Report Designed to Spark National Conversation

MEDIA STATEMENT
Monday 30 November 2009
Embargoed Until 1.30 pm

Report Designed to Spark National Conversation

The 2025 Taskforce hopes that its report and recommendations released today will spark a serious national conversation about how New Zealanders could bridge the income gap with Australia, which now stands at 35%, equivalent to $64,000 a year for a family of four.

“The Prime Minister has stated his vision of closing the 35% income gap with Australia by 2025,” Taskforce Chairman Don Brash said today.

“Nobody should underestimate the ambition of the Prime Minister’s goal. It would require a per capita growth rate in New Zealand of double what it has been over the last 16 years. Our growth rate would need to outperform Australia’s by around 1.8% per year every year for the next 16 years. Other countries including South Korea, Poland, Slovakia, Slovenia and Ireland have done this and so can we.”

Dr Brash said the Taskforce was a diverse group, consisting of:

• David Caygill, a former Minister of Finance and Deputy Leader of the Labour Party;
• Jeremy Moon, one of New Zealand’s most successful entrepreneurs who has achieved enormously fast rates of growth for his company Icebreaker Ltd;
• Judith Sloan, a businesswoman and current Commissioner at the Australian Productivity Commission and Fair Pay Commission;
• Dr Bryce Wilkinson, a leading economist and consultant; and
• himself, a businessman, and former Governor of the Reserve Bank and Leader of the National Party.

“We all brought different perspectives to our task and decided as a group we had an obligation to the Prime Minister to reach unanimity and consensus. We also approached our task consistent with the request from the Minister of Finance that we give the job our best shot and leave political considerations to the politicians. We have achieved both objectives.”

Dr Brash said the Taskforce had delivered a report and set of 35 recommendations that was its best combined effort at advising how New Zealand could achieve the Prime Minister’s vision. The recommendations are divided into four categories – government as spender, government as tax collector, government as owner and government as regulator.

“Our view is that the recommendations would give us a very good chance of achieving the Prime Minister’s vision but we do not underestimate the difficulty of the politics involved. There will be some New Zealanders who may even think that, given the changes required to bridge the gap, a less ambitious target should be set. It is important they are aware of the consequences, such as having fewer opportunities, experiences and goods and services than Australians. More of our children and grandchildren would decide to live and work offshore.”

Dr Brash said the Taskforce’s request to media, the public, Government and Opposition was that they take time to read the report, digest it and reflect on it before passing judgement.

“Most people will see line items in this report that they think are great but it is inevitable that most will also see line items they strongly disagree with. It would be a great shame if, instead of a period of conversation and reflection on the whole report and the issues it raises, particular interests launched instead into immediate commendation or condemnation of specific line items.

“We are convinced that New Zealand has the people, the natural environment, the institutions and the entrepreneurial and management talent to bridge the income gap with Australia. New Zealanders just need government to start removing the obstacles to them giving life to their ideas, while delivering better public services.”

The 2025 Taskforce was established by the Minister of Finance and the Minister for Regulatory Reform under the terms of the National/ACT Confidence and Supply Agreement. Its work will continue through until at least 30 June 2012.

Dr Brash said the Taskforce would maintain a conversation with the Government and the public about the initial report and recommendations. It urged those with a view on its report to contact it through its website at www.2025taskforce.govt.nz The Taskforce would also report formally to the Government every year on New Zealand’s progress towards the Prime Minister’s 2025 goal, and additional measures which it believes need to be taken to achieve it.

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Whether This Election Is Already A Foregone Conclusion

Currently, this election looks like being a no contest. The weekend’s Newshub poll has the centre left enjoying a roughly 57-36% lead over the centre right. Labour is on 50.1% and the Greens 6.5%, while National remains in the dreaded 20s at 29.6% and the Act Party is on 6.3%. Conditions continue to look terminal for New Zealand First. Despite being a stubborn brake on government tax policy and winning a few policy gains of its own, NZF is registering only a 1.9% level of support... More>>

 

Economy: Business Leaders’ Confidence Tanks As Top Kiwi CEOs Vent Their Frustrations

The New Zealand Herald’s Mood of the Boardroom 2020 Election Survey has been released with top business leaders saying New Zealand’s Covid-19 recovery is in peril – and they want a decisive role with Government in the country’s future. The annual ... More>>

ALSO:


Poll: Newshub-Reid Research Poll Shows National Rising But Labour Still Governing Alone

With less than three weeks to go, Labour remains in a position where it could govern alone in the latest Newshub-Reid Research poll* on 50.1% - down 10.8 percentage points. National has risen slightly to 29.6% (up 4.5 percentage points), but even with the ... More>>

ALSO:

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>>

ALSO:

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>>

ALSO:

Government: Taking Action To Reduce Waste And Plastics

Phase out single use and hard to recycle plastics by 2025 Create a $50m Plastics Innovation Fund to develop alternatives Standardise kerbside recycling The Labour Party is taking the next step in removing plastic rubbish from our oceans and environment ... 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>>

ALSO:

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>>

ALSO:


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 


 

InfoPages News Channels