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July, 28 2007 01:06:11 AM
“Bollard tells us ‘The New Zealand economy is running strong,’” says John Pemberton, Democrats for social credit Finance Spokesman. “We are recording continued big increases in international commodity prices, he tells us. This is very good news for New Zealand, but Bollard still delivers a backhander.”
John Pemberton
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June, 12 2007 11:17:14 AM
“Bollard is in crisis mode” says John Pemberton, Finance Spokesman, DSC. “No sooner has the predictable effect of the OCR increase occurred - the continued rise of our exchange rate – than he falls back on the last resort of many in dire straights. He gambles by putting a $billion Kiwi into the pot.”
John Pemberton
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June, 08 2007 12:14:51 PM
“Bollard’s six weekly OCR workouts is an exercise in futility” says John Pemberton, Finance Spokesman, DSC. “Our exchange rates have just reached record highs since the float of the dollar, and now with a further lift in the OCR we will see it rise further still.”
John Pemberton
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June, 08 2007 12:02:55 PM
“With the Official Cash Rate going up yet again, and Kiwi Saver looking like an upper middle class savings bonanza, those on lower incomes are shut out of the gravy train yet again,” says Katherine Ransom, DSC Social Issues Spokesperson.
Katherine Ransom
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May, 19 2007 10:01:12 AM
“Michael Cullen’s budget will be known as ‘the eighth blunder of the world’, not because of the contents of the budget but what was missing. Leaving out the key ingredient, the implementation of a low interest rate policy, is a blunder that will seriously” says John Pemberton, Finance Spokesman, DSC.
John Pemberton
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April, 26 2007 06:08:48 AM
“Dr. Russell Norman’s solutions for stablizing the booming housing market as a way to increase savings and reduce high over seas debt, as per his recent press release, show he is shackled to economic orthodoxy and the failed policies of the past,” says John Pemberton, Finance Spokesman, DSC.
John Pemberton
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April, 20 2007 11:27:04 AM
“Alan Bollard’s previous actions to raise interest rates have resulted in an increase to domestic inflation. Any further rises will compound the inflation rate increase as businesses of all shapes and sizes continue to add the cost of interest into their prices” says John Pemberton, Finance Spokesman, DSC.
John Pemberton
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March, 09 2007 11:03:58 AM
“Economic activity continues to pick up with apparent purpose and direction, but Reserve Bank Governor Alan Bollard’s announcement of an increase in the Official Cash Rate is clouded by words of uncertainty,” says John Pemberton, Finance Spokesman, DSC.
John Pemberton
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February, 16 2007 10:35:00 AM
“The $100 million issue of 2017 bonds, completed by the Treasury’s Debt Management Office, was eight times over subscribed” proclaims Michael Cullen. “Obviously it was an opportunity too good to be missed by those who tendered,” said Democrats for social credit Finance Spokesman John Pemberton.
John Pemberton
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