Exports drop puts more pressure on surplus

A 5 per cent fall in exports shows National’s reputation for economic management is taking a hit and even puts its golden surplus target at risk, say Labour’s Finance spokesperson Grant Robertson and Exports Growth spokesperson David Parker.
 
“Bill English’s promise to rebalance the economy and boost the export sector is turning into a pipedream. The trend for exports has been falling since January, showing this is a long term trend,” says Grant Robertson.
 

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Reserve Bank’s dairy warning must be heard

The Reserve Bank’s warning that falling dairy prices are creating greater risks for the New Zealand economy must be taken seriously by Bill English and John Key, says Labour’s Finance spokesperson David Parker.
“Dairy prices have nearly halved since February and the Reserve Bank today said a low dairy pay out could increase the number of loan defaults in coming years.
“The risk of another housing market surge and our reliance on the Chinese market are other causes for concern from Graeme Wheeler.
“These risks show an increasingly unbalanced economy based on milk powder and house sales. 
“New Zealanders will never achieve the standard of living they deserve unless we refocus our economy towards value-added exports.
12 November 2014                                         Media Statement

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Govt books getting worse as economy slows

National’s economic credibility is under serious scrutiny with its search for surplus becoming harder due to an economy far too reliant on the dairy industry, says Labour’s Finance spokesperson David Parker.
“National promised New Zealanders would get into surplus by improving the economy. It has been six years in government and more than three years since the financial crisis ended and they still haven’t run a surplus.
“National is running out of excuses.
“The drop in GST and the warning of a fall in total tax take shows what happens when the economy is unbalanced – typical New Zealanders can’t get ahead. At the same time the huge salary increases of the power companies’ chief executives – arrogantly defended by the Government – are completely out of whack with the meagre pay rises of most Kiwis.

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Journalists have right to protect sources

Legal authorities must respect the right of journalist Nicky Hager to protect the source of his material for his Dirty Politics book under Section 68 of the Evidence Act, Acting Labour Leader David Parker says.

“It is crucial in an open democracy that journalists are not forced to reveal their sources so whistle-blowers feel able to come forward with information.

“While we respect the Police’s independence, we are concerned that an arm of the state appears to be being used against Mr Hager while nothing appears to be being done about the wrongdoing he exposed.

“A 10-hour search of their family home would be harrowing for anyone. Nicky Hager was doing what the fourth estate ought to do and Police need to take care to protect his rights, and to avoid the appearance of intimidating the media.
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Key sacks himself in unprecedented move

John Key is trying to rid himself of the responsibilities every Prime Minister has to bear – that of overseeing our intelligence organisations, says Acting Labour Leader David Parker.

“This is a dereliction of duty. Managing our spy agencies is an integral part of being Prime Minister.

“Oversight of the SIS and GCSB has traditionally been the responsibility of Prime Ministers. It is an unprecedented move to delegate those responsibilities to a lower minister.
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Lyttelton Port workers also deserve pay rises

Hard slog by Lyttelton Port workers contributed to strong financial growth for the company and they deserve to be rewarded for their work as much as its chief executive, says Labour’s Acting Leader David Parker.

“Lyttelton Port chief executive Peter Davie is being rewarded for the company’s strong results with an almost $200,000 pay rise, increasing his salary by 18 per cent from $1.04 million to $1.24 million.

“The Rail and Maritime Union’s 200 workers at the Port are reaching the end of their three year collective contract which gave them a gradual 10 per cent pay rise over three years; equating to 3.3 per cent a year.

“That is a far cry from the $200,000 pay rise Peter Davie has just received. Many New Zealanders will think this outcome is unbalanced and unfair,” David Parker says.

2 October 2014                                                        MEDIA STATEMENT

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