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Productive Economy Council - Latest News [Page 2]
Bollard needs support of galvanized export sector
Friday, 11 September 2009, 1:50 pm | Productive Economy Council
"Dr Bollard's comments about the need for a speculation tax are underwhelming in light of the rise of the NZD to 70 cents against the US dollar and the damage another bank fuelled property bubble will do to our economy. It's time farmers and ... More >>
OCR just a rod for exporters' backs
Tuesday, 8 September 2009, 12:30 pm | Productive Economy Council
Tuesday, September 8, 2009 -The OCR has become a rod with which Dr Bollard can beat exporters while he remains powerless to punish speculators and banks, says the Productive Economy Council (PEC) in reference to the pending RBNZ statement out this week. More >>
Govt identifies problem, let's see the solution
Wednesday, 12 August 2009, 4:16 pm | Productive Economy Council
In commenting today that "there is some evidence at the moment that the recovery could consist of a pickup in housing," Finance Minister Bill English went on to tell reporters that "now that's more of the problem than we had before and it would be ... More >>
PEC calls Parliament to front up on CGT
Friday, 7 August 2009, 1:19 pm | Productive Economy Council
As the revelations continue, we realise that it's not the voters of New Zealand that have been holding back on implementing Capital Gains Tax (CGT) but rather a very small yet influential group of New Zealanders well connected to the political machinery ... More >>
Time to eliminate investment distortions
Wednesday, 5 August 2009, 3:27 pm | Productive Economy Council
"The furore over Minister's second homes once again raises the question of the lack of Capital Gains Tax incentivising property speculation, distorting our investment regime and depriving our productive sector of the financial oxygen it needs to grow", ... More >>
Labour urged to expand scope of banking inquiry
Tuesday, 21 July 2009, 1:22 pm | Productive Economy Council
The Productive Economy Council has welcomed the announcement of an inquiry into bank profits by Labour, the Greens and the Progressives, but cautions that unless its terms of reference are broad enough, it may not get to the root of the problems the ... More >>
Council Slams the Courage of Select Committee
Wednesday, 1 July 2009, 3:27 pm | Productive Economy Council
"In a period of unprecedented economic turmoil we have a government that is prepared to waste $9 million on an anti-smacking referendum that John Key says he will almost certainly ignore, while Parliament's Finance and Expenditure Select Committee now ... More >>
"What Monetary Policy?" says PEC
Friday, 12 June 2009, 3:40 pm | Productive Economy Council
Dr Bollard might as well put up a white flag and surrender to the Banks, says Selwyn Pellett, spokesman for the Productive Economy Council. Pellett says yesterday's announcement by the Reserve Bank that it was not going to lower interest rates further was a sign ... More >>
NZ must protect its economic recovery options
Wednesday, 3 June 2009, 5:05 pm | Productive Economy Council
It's pure lunacy to allow FX traders to determine our exchange rate and remove New Zealand's ability for a export-led recovery, says Selwyn Pellett spokesperson for the Productive Economy Council. How can New Zealand exporters burrow their way through ... More >>
Dr Nana on the Money: Productive Economy Council
Wednesday, 8 April 2009, 2:40 pm | Productive Economy Council
Dr Ganesh Nana, chief economist at Business and Economic Research Limited, is right on the money with today's comment's that we need the Reserve Bank to step in to provide low cost business loans - in effect, printing money says Productive Economy Council ... More >>
Banks should stop gouging
Wednesday, 1 April 2009, 4:40 pm | Productive Economy Council
Bank gouging continues says Productive Economy Council (PEC) spokesperson Selwyn Pellett and it must stop. "Are we happy as a country that the top four banks make more profit than the entire NZX 50 put together and at the very least shouldn't one ... More >>
NZ business needs to protect its core skills
Wednesday, 25 March 2009, 4:23 pm | Productive Economy Council
The government needs to think carefully before deciding to limit temporary work visas for skilled migrants or interfere in any way with the retention decisions of companies, says the Productive Economy Council. More >>
Four Day Week Not Enough
Friday, 20 February 2009, 2:32 pm | Productive Economy Council
The proposed four day working week is a prudent step but not enough for an export led economic recovery according to the head of the Productive Economy Council, Selwyn Pellett. More >>
Fisher & Paykel is a victim says PEC
Wednesday, 18 February 2009, 3:25 pm | Productive Economy Council
The PEC today came out in support of beleaguered Fisher and Paykel saying the company is yet another victim of the exposure to exchange rate fluctuation all exporters have endured since the current Monetary Policy was implemented. More >>
Fixed Rate Mortgage's Need To Be Broken
Friday, 30 January 2009, 2:57 pm | Productive Economy Council
The Productive Economy Council (PEC) has come out strongly in support of both Bill English’s and Phil Goff’s requests for banks to reduce fixed interest rate bank fees in the interest of the New Zealand economy. More >>
Capital Gains Tax
Wednesday, 28 January 2009, 12:24 pm | Productive Economy Council
The Productive Economy Council (PEC) has today come out in support of the New Zealand Manufacturers and Exporters Association (NZMEA) comments on Capital Gains Tax. More >>
