INDEPENDENT NEWS

Welcome back, Jacinda - you own the economy now

Published: Wed 1 Aug 2018 12:16 PM
"The Prime Minister will return to work tomorrow to inherit a flagging economy of her Government’s making", says ACT Leader David Seymour.
"All signs point to an economy which is about to stall, with business confidence in free fall and unemployment now ticking up.
"This should come as no surprise: the Government has signalled higher taxes, and poor quality spending and regulation.
"The Prime Minister and her team should be focussed on encouraging economic activity even when we face economic headwinds.
"Cutting taxes would allow people to keep more of their money in hard times. If the average New Zealander keeps only 65 cents of the next dollar they earn, where is the incentive to be productive?
"Good labour laws - like 90-day trials - should be left in place to encourage businesses to take a punt on new employees, and further minimum wage hikes should be put on hold.
"Replacing the Resource Management Act to free up more land for development would bring down the price of housing.
"Reassessing proposed climate change regulations - which could make each household $10,000 poorer - is now the prudent course of action.
"Reigning in billions in middle-class and corporate welfare will give the Government some fiscal breathing room when the inevitable recession hits.
"There is still time for pro-growth policies.
"For now, this Government has broken the economy, and now they own it.
ends

Next in New Zealand politics

Bill to allow licensed premises to stay open for RWC matches
By: New Zealand Government
KiwiBuild programme losing another top boss
By: RNZ
Helping our cities grow up and out
By: New Zealand Government
Ngāpuhi elder 'shocked' by conditions at Ngawha Prison
By: RNZ
Independent election policy costing unit a step closer
By: New Zealand Government
Primary and intermediate principals vote to accept new offer
By: NZEI
Breach of 'journalistic privilege' during unlawful search
By: Independent Police Conduct Authority
BSA releases decisions on coverage of mosque attacks
By: Broadcasting Standards Authority
PM's Post-Cab 19/8/19: Bad Mail
By: The Scoop Team
Details matter for RWC licensing
By: New Zealand National Party
Government adopts ACT's Rugby World Cup legislation
By: ACT New Zealand
Government can give Kiwis a fair go on Rugby World Cup
By: ACT New Zealand
Bill to open bars to World Rugby Cup viewers welcomed
By: Clubs New Zealand
New Bill could allow fans to watch Rugby World Cup matches
By: Hospitality New Zealand
Govt tells big cities: grow up and out
By: BusinessDesk
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media