Budget holds shocks
PA Auckland Prepare for shocks in the Budget on Thursday, warned the Minister of Agriculture, Mr Moyle, last evening. The Government expected criticism from various individual sectors, he told the annual conference of the Agricultural Merchants’ Federation in Auckland. But, he said, every move made had to be seen in the
wider context of making the New Zealand economy more competitive, reducing internal and external deficits, earning more from export products and increasing employment. National reassessment of priorities and a readjustment were needed. The Government was undertaking a vast-economic restructuring. It was trying to move away from the
uncertainties created by ad hoc policies and was trying to change the direction of ( the New Zealand econo-' my. Capital and investment had to be freed up and put into avenues that could earn more for the country overseas, and the Budget would provide clear signals so that those who wanted to invest could do so with confidence.
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Press, 6 November 1984, Page 1
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159Budget holds shocks Press, 6 November 1984, Page 1
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