Hi John,
Over National's first year in government, rebuilding New Zealand's economy so Kiwis can get ahead has been priority number one. Now, fresh economic data shows that, in the last year, incomes have grown faster than the cost of living.
It's more evidence that our plan to beat inflation and get on top of the cost of living is working. Wages grew slower than inflation for three years in a row under Labour before we entered government at the end of last year.
I understand it's still tough for so many people, but it's another sign that our plan is starting to work and your dollar should start to feel like it’s stretching further than it has over the past few years.
That lift in incomes comes on top of the cost of living support that our Government has delivered for Kiwis, through tax relief, increases to Working for Families, and FamilyBoost childcare payments.
There's still a lot more to do and that’s why we’re pushing ahead with scrapping red tape, stopping wasteful spending and finding new opportunities for trade and investment.
Boosting trade is hugely important for a small trading nation like us. Better trade agreements means a better deal for our farmers, winemakers and manufacturers overseas and, in turn, more jobs and higher incomes here at home.
A few days ago, Trade Minister Todd McClay finalised negotiations on a trade agreement with the six-nation Gulf Cooperation Council which will deliver duty free access for 99 per cent of our exports over 10 years <[link removed]>. That’s great news for our exporters and the communities that rely on those exporters to grow and succeed.
Thank you,
Christopher
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NZ National Party - 41 Pipitea St, Wellington 6011, New Zealand
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