New Zealand First Leader Rt Hon Winston Peters’ Reserve Bank bill was again drawn from the Members’ Bill Ballot today.
I take a call on behalf of New Zealand First, and I ask the question: what do New Zealanders want from the Budget? That is the big question—what do New Zealanders want from the Budget?
I take a call on behalf of New Zealand First on the Insurance (Prudential Supervision) Amendment Bill. New Zealand First will be supporting it through to the select committee stage.
New Zealand First says comments by Reserve Bank Governor Graham Wheeler today vindicate the party’s calls for the bank to have greater ability to intervene over the high dollar.
This week the New Zealand Dollar soared to US86 cents. A high dollar means cheap imports such as flat-screen TVs and cars. But ultimately it means high unemployment and a low growth economy.
New Zealand First is calling for the introduction of a bank depositors’ guarantee scheme to protect the savings of blameless Kiwis during any financial crisis.
New Zealand First says predictions by analysts that the Kiwi dollar will peak at around US87 cents is a forecast for severe pain for farming communities and exporters.
New Zealand First says the Government has micro-meddled Solid Energy into bankruptcy while the company was using borrowed money to pay out dividends.
The time is long overdue for the introduction of a comprehensive register of foreign ownership of New Zealand land, says New Zealand First.