CTU President slams business pessimists

Published: Wed 23 Nov 2005 05:09 PM
23 November 2005
CTU President slams business pessimists
Business leaders’ doomsaying is jeopardising the security of ordinary hard working New Zealanders" CTU President Ross Wilson warned today.
"We have seen business lobbyists talk the economy down before and they seem determined to do it again" he said.
"Business needs to get over the whiff of tax cuts, Rogernomics and labour market deregulation which got them excited during the Election campaign". Ross Wilson said.
"The World Bank has said for the second year in a row that New Zealand is the best place in the world to do business in, have had economic growth of nearly 20% in five years, and although the economy is slowing down there is no need to create a hard landing needlessly."
"Business leaders should get off their political soap boxes and work with us on industry strategies that continue to invest in skills, modern technology and improving productivity to create sustainable economic growth and higher wages." Ross Wilson said "The national interest requires that of us."
"Business leaders have talked the economy down before and it is ordinary working people who suffer".
New Zealand Council of Trade Unions
Te Kauae Kaimahi
The New Zealand Council of Trade Unions Te Kauae Kaimahi brings together over 350,000 New Zealand union members in 40 affiliated unions. We are the united voice for working people and their families in New Zealand.
Contact NZCTU
Physical Address:
Level 7, West Block, Education House, 178 Willis St, Wellington.
Media Contact:
Postal Address:
PO Box 6645, Marion Square, Wellington 6141.

Next in Business, Science, and Tech

Auckland Rental Prices Inch Up Again, But Upward Trend Could Ease In Coming Months
By: Barfoot and Thompson
Draft Report Says Regulatory System Favours Established Building Products
By: Commerce Commission
Annual Wage Inflation Rises To 3.4 Percent
By: Statistics New Zealand
Retirees Facing Pressure From Higher Cost Of Living And Increasing Debt In Retirement
By: Heartland Bank
APEC Region’s Growth To Slow Amid Uncertainties And Crises
FMA Survey Sheds Light On New Zealanders’ Experiences With Financial Sector And Concepts Of Fair Treatment
By: Financial Markets Authority
Unemployment Rate At 3.3 Percent
By: Statistics New Zealand
View as: DESKTOP | MOBILE © Scoop Media