INDEPENDENT NEWS

Team New Zealand win good for economy

Published: Mon 26 Aug 2013 04:37 PM
Trevor
MALLARD
Sport and Recreation Spokesperson
26 August 2013 MEDIA STATEMENT
Team New Zealand win good for economy
Team New Zealand winning the Louis Vuitton Cup challenger series in San Francisco will raise New Zealand’s profile in the United States and Europe, and boost our economy, Labour’s Sport and Recreation spokesperson Trevor Mallard says.
“The design team behind Team New Zealand is a high-tech brains trust. It is probably the best design team in the country and exactly the type of innovation the Government should be supporting.”
“Team New Zealand has raised offshore all but the $36 million allocated by the previous government and the resulting PAYE and GST means that New Zealand has had massive publicity at no net cost to the taxpayer,” Trevor Mallard says.
ENDS

Next in New Zealand politics

Maori Authority Warns Government On Fast Track Legislation
By: National Maori Authority
Comprehensive Partnership The Goal For NZ And The Philippines
By: New Zealand Government
Canterbury Spotted Skink In Serious Trouble
By: Department of Conservation
Oranga Tamariki Cuts Commit Tamariki To State Abuse
By: Te Pati Maori
Inflation Data Shows Need For A Plan On Climate And Population
By: New Zealand Council of Trade Unions
Annual Inflation At 4.0 Percent
By: Statistics New Zealand
View as: DESKTOP | MOBILE © Scoop Media