Mood of the Boardroom

July 14th, 2009 at 8:08 am by David Farrar

Sadly I couldn’t make the annual in person, but the Herald reports:

Stop making “petty hits” on the Government and come up with innovative solutions to aid New Zealand during these difficult economic times.

That sums up the blunt message from chief executives to leader Phil Goff and finance spokesman David Cunliffe.

Just 26 per cent of chief executives responding to the Mood of the Boardroom survey believe Goff and Cunliffe have done enough to challenge the Government’s economic performance to-date.

Auckland Regional Chamber of Commerce chief executive Michael Barnett believes Labour has missed an opportunity to “throw out the big dreams and challenges” when they are needed by a market facing uncertainty. “As an opposition they would have had to deliver but could have pushed the Government for more innovation and vision.”

“Skills and education would be a good subject for Labour,” adds EMA (Northern) chief executive Alasdair Thompson. “But they have to tackle poor performance, not just protect teachers’ unions.”

That would be a welcome step.

Goff’s pursuit of disgraced former Cabinet Minister Richard Worth put him back in the political spotlight. But CEOs aren’t that impressed. “Labour was distracted with the Worth affair – forget playing the man and make a meaningful and real contribution.”

“I have no idea what they are doing. No policy. They are just mud rakers.”

I think most in Labour would now agree Goff handled it badly.

“Ritual bleating about possible privatisations means they exploit the ignorance of some voters whilst not offering any meaningful solutions to our overseas borrowing problems,” says a finance chief. “They dumb-down the debate”

I think Labour have a real problem with the 2011 election. The crown accounts will still be in deficit, and debt projections still negative. Is Labour really going to go into 2011 promising to borrow more money to indebt future generations? Or will they promise tax increases? Or will they commit to the same fiscal parameters as the Government – but instead propose spending more in some areas and less in other areas?

Labour since the election has implicitly committed to billions of dollars of extra spending. At election time they will have to put forward an alternative budget where people will be able to see how much extra debt or tax they are promising.

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15 Responses to “Mood of the Boardroom”

  1. Danyl Mclauchlan (1,049 comments) says:

    Labour are in real trouble now that they’re in danger of losing support from company CEO’s, the EMA and the Business Round Table.

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  2. expat (4,048 comments) says:

    Labour are lickspittles who won’t even front teachers unions to improve their game.

    Wonder why the electorate at large has reamed them, and has continued to ream them by a 22% margin.

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  3. Cerium (21,830 comments) says:

    This is a very encouraging report. Chief executives are promoting positive politics. National through Key are practicing positive politics (to an extent). I hope Labour got the message. They have plenty of time to prove themselves as a positive force in opposition. And when taking the government to task is justified it will be much more effective rather than just more white noise.

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  4. Bok (740 comments) says:

    Wow DIM Such wit!

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  5. thedavincimode (6,133 comments) says:

    Quite right Danyl. You are certainly the fellow to know, given that you worked for IBM and must therefore, be a bit of an expert on all all this complicated stuff. Does the private sector really appreciate how much they miss you?

    After all, why should a Government or political party listen to private sector lobby groups. If they don’t like it here, they should just take their capital and buggar off overseas; like others have done.

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  6. cha (3,541 comments) says:

    After all, why should a Government or political party listen to private sector lobby groups. If they don’t like it here, they should just take their capital and buggar off overseas; like others have done.

    Well here’s hoping they don’t listen to Lane Walker Rudkin.

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  7. expat (4,048 comments) says:

    Government employees have a lite day of work eh.

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  8. expat (4,048 comments) says:

    I thought all you non productive excess baggage types were being made redundant – and not before time.

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  9. kaya (1,360 comments) says:

    Stating the obvious but I suppose it does no harm to reiterate it. It would be good to see some positive initiatives from opposition MP’s instead of constant sniping.
    Based on his performance since taking the reins there is no doubt that Goff will be gone before the next election. What an ineffectual MP he has been throughout his career. In my mind he will always be the leading example of the PC, career politician, long on rhetoric, short on substance, against which all future trough feeders will be measured. A classic example of an oxygen thief.

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  10. Tom Semmens (79 comments) says:

    “…I think most in Labour would now agree Goff handled it badly…”

    Really? Who told you that? Cameron Slater?

    [DPF: Are you honestly arguing that he handled it well? Labour made quite clear they realised the trouble they were in when they dropped championing Choudary like they had been burnt]

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  11. Bok (740 comments) says:

    Tom Semens

    Hold your left hand up in front of your face. Spread the fingers.
    now take the index finger ( that is the one closest to the thumb, which is the short stumpy one) of your right
    hand and touch it to the tip of each finger of the left hand (hope I am not going to fast)
    As you touch each finger… count out loud.. Like this.

    1, 2 , 3, 4 , 5.

    You can now say that you know you have five fingers on your left hand (unless you lost some).
    You see it is plain to see. Right there in front of your face….

    God retraining people to think for themselves again after 10 years of Helen is going to take a long time…

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  12. Cerium (21,830 comments) says:

    “God retraining people to think for themselves again after 10 years”

    Does that mean we might stop getting all the inHannity type talking points repeated?

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  13. Pat (76 comments) says:

    Trevor The Bridge Builder Mallard over at The Standard:

    “And we wonder why we have one of the worst performing stcok exchanges in the world – have a look at the boardrooms.”

    http://www.thestandard.org.nz/stop-press-bosses-support-bosses-party/comment-page-1/#comment-146243

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  14. Repton (769 comments) says:

    “At election time they will have to put forward an alternative budget where people will be able to see how much extra debt or tax they are promising.”

    Did National put forward an alternative budget at the last election to explain how they were going to cut taxes without cutting services? I don’t recall seeing one, but I suppose it may just not have been covered widely. Either way, there doesn’t seem like much precedent for making politicians prove pre-election whether they can pay for their promises.

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  15. thedavincimode (6,133 comments) says:

    Pat, that was a euphemism for the Liarbore caucus.

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