Economic Development

Social Credit will provide a platform for businesses, and the regions, to grow and prosper.

To achieve this we will:

 

• Establish a Local Authority Loans Board to fund capital works and infrastructure projects approved by local communities, with grants, zero interest and low interest loans from the Reserve Bank

 

• Promote an International Clearing Union with export credit accounts for trading among member nations

 

• Abolish GST in favour of a simpler and fairer Financial Transactions Tax (FTT), set at a low level (less than 2%) and collected at point of withdrawal from bank accounts

 

• Institute a Adequate Living Income to progressively replace the welfare system

 

• Make the Reserve Bank the sole provider of new money, made available to trading banks at a service charge only

 

• Ensure the Reserve Bank is answerable to Government

 

• Make the Reserve Bank responsible for seeing that the overseas debt is repaid and overseas transactions are in balance

 

• Introduce a Worker Shareholding scheme to assist workers to become shareholders in the companies they work for, and therefore gain additional income through dividends.

For our Regional Economic Development policy, click here


Authorised by Anne Leitch, Secretary, 42 Reyburn House Lane, Whangarei

secretary@socialcredit.nz

Copyright Social Credit Party 2019