National’s go-to response to anything that Labour suggests is scaremongering. Case in point:
English says Labour’s immigration ‘breather’ would stall momentum in the economy
Prime Minister Bill English’s strenuous opposition to Labour’s proposed “breather” in immigration draws a clear battle-line in the election.
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English also said the cut would stall the momentum in the economy which was producing 10,000 new jobs every month.
I’m not sure that English has thought this through, because all it does highlight our fundamental weakness.
New Zealand’s economic growth driven almost exclusively by rising population
New Zealand’s economic growth is barely keeping up with the speed at which the population is growing, amid a slowdown in the primary sector.
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But while the construction industry is expanding at speed, economists said almost all of the growth was being driven by population growth, currently at a 40 year high, boosted by record immigration. …
National are such “great” economic managers that per capita growth is anemic, the illusion of growth is just an increasing population. It’s not such a great plan.
Record migration boosts growth short term, but will it make NZ richer?
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But the growing population comes with pains, from the need to increase infrastructure spending to added pressure on the housing market, especially in Auckland where prices have surged.While economists largely agree that a rising population boosts short term demand, some warn it shifts resources away from investment which will boost long term prosperity, towards simply coping with the pressures of a growing population. …
Thanks for bringing this to our attention Bill. Labour is focusing on abuses of student visas, with increases in other sectors such as the “Kiwibuild visa” for construction. If that is able to cripple us, then what kind of economy do we have after 9 long years?
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