Argument for longer term

Uncertainty about September’s election is unsettling business:

The Grant Thornton International Business Report says business confidence for the next 12 months has fallen from 88 percent to 70 percent.

This narrows the business confidence gap with Australia, where companies have been buoyed by the first Abbott budget.

Mark Hucklesby from Grant Thornton New Zealand said on Wednesday he has witnessed election year jitters in several boardrooms in the past few weeks and overseas customers are also nervous about the outcome. . .

New Zealand is still 6th in the world which is encouraging.

But uncertainty affects confidence which makes it less likely for businesses to invest more and/or take on more staff.

Our electoral cycle is short by international standards.

Adding another year to it would lessen the braking affect elections have on business.

 

4 Responses to Argument for longer term

  1. Quintin Hogg says:

    I have been in business for the last14 years or so.
    During that period there have bee 4 elections. For every one there has been a hiatus in activity as the community, private client and business, try to work out what is happening. it is not new and is not unexpected.
    Quite frankly looking at the policies released yesterday by Mr Parker, we would see an increase in work as people adjust their affairs to react to them if a GLIMP coalition took power.
    We would rather that not happen as while there would be an initial upsurge in activity that would tail off as economic activity declines due to the policies proposed by that coalition

  2. J Bloggs says:

    The flip side of a longer parliamentary term being that its that much longer before you can eject a government that is unpopular. I’m sure we can all think of governments in our lifetimes (regardless of where you sit in the political spectrum) where you couldn’t wait for the next election to come along so they could be turfed out. As the wise man once said “Governments are like diapers – they should be changed often, and for the same reasons”

  3. Gravedodger says:

    As one committed to a four year term for obvious stability and management reasons the thought of the socialists wet dream becoming a nightmare for NZ Inc does cause a rethink.

    That said perhaps that fact the Hydra could get over the line might have a salutary effect on all entering the booth to be very very careful what they wish for.
    As Samuel Johnson is quoted; “Depend upon it, sir, when a man knows he is to be hanged in a fortnight, it concentrates his mind wonderfully.”

    Then on further consideration there is that subliminal thought from Sir Winston Spencer Churchill; “The best argument against democracy is a five minute conversation with an average voter”.

    My experience still says four years should deliver better government inspite of the fact we have far too much government already.

  4. Paranormal says:

    On a practical side if we’d had a four year term, Helen probably would have only had 8 years to damage the country rather than the 9 she stole.

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