This week the New Zealand dollar soared to US 86 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.
The export sector is the lifeblood of New Zealand. When exporters hurt, the whole country hurts.
The Government isn't interested in tackling the problems associated with the dollar.
New Zealand First has a range of policies to help manufacturers and exporters, incuding changes to the Reserve Bank Act to give the bank the flexiibility it needs to tackle or seriously overvalue dollar.
We also back more investment in manufacturing and high-tech industries.
Our policies will lead to a more prosperous New Zealand, and a better life for New Zealanders.
Rt Hon Winston Peters
Leader of New Zealand First
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