Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search


Gisborne DC urged to fight for rates reduction

Gisborne DC urged to fight for rates reduction

"Gisborne is proud of being the first town to see the light, but Council must recognize whatever ugly facts it may reveal," said Heather Marion Smith in a recent address to a Gisborne District Council meeting.

"As i complete my term as the Democrats for Social Credit Party's Local Government spokesman" she said, “it falls on me to warn councillors that applying the mixed ownership model to local body assets is still on the agenda - as prescribed in the 2009 report to parliament from from the capital markets development task force in which chairman, rob cameron, included local as well as state-owned enterprises for partial privatisation.

"Although the local government act prohibits the privatisation of local body assets, we have seen how quickly legislation can be amended when the MOM bill was passed allowing SOE shares to be traded on the equity markets.

“As for local government debt, the Labour/Green duo has a shameful record of unanimously supporting Rodney Hide's 2011 bill to establish a bond bank, namely the Local Government Funding Agency designed to increase the scope of the financial arm of the capital markets. In spite of this new bank being nominally owned by local government it has succeeded in loading a greater burden of debt servicing onto ratepayers as total debt passes the $11 billion dollar mark. This is outrageous.”

Miss smith reminded councillors that Democrats for Social Credit will continue the fight for economic policies which would actually reduce rates, even invoking existing legislation such as the 2004 amendments to the Public Finance Act which allow borrowing from our sovereign Reserve Bank at no interest.

"That's the ethical and sustainable option which local bodies must demand," she concluded.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines



Gordon Campbell: On John Key’s Trip To Iraq

In the embedded press coverage on this trip, the absence so far of any evaluation of the wider context of what New Zealand thinks it is doing at Camp Taji has been striking. More>>


Labour: Parata Puts Brakes On Charter School Appraisal

“When the Ministry of Education recommended they compare the achievements of children at charter schools to those of their counterparts at state schools, the documents show Hekia Parata specifically prohibited them from doing so." More>>


Bad Day For Universities: Gun, Bomb Threats On Three Campuses

Dunedin Police are continuing their investigation into the threat made against the University of Otago. Staff are following a number of lines of inquiry, and police are working to verify the authenticity and source of the post. More>>


Gordon Campbell: On The TPP Deal Reached In Atlanta

Yes, the TPP has helped to knock a few points off the tariffs facing our exporters. Yet some of those alleged dollar gains may well have been made regardless over time – and without the negative baggage of the concessions in the non-trade areas (intellectual property, copyright extensions, investor-state dispute mechanisms etc) that the TPP deal also brings in its wake. More>> (Cartoon by Dave Wolland)

Public Summaries:


Wellington.Scoop: Serco – First The Prisons, And Now It Wants To Run The Trains

As the government continues its inquiry into Serco’s discredited administration of Mt Eden prison in Auckland, here in Wellington there’s further scrutiny of the British outsourcing company – because it’s competing to take over the running of our commuter trains. More>>


Pre-Signing: Gordon Campbell On The TPP Countdown

To date, the Key government has been unwilling to share any information about this TPP deal until it is too late for outraged public opinion to affect the outcome... the disclosure process is likely to consist of a similarly skewed and careful exercise in spin. More>>


Australia Deportations: English Relaxed On Immigration Centre Conditions

Labour's Annette King: “There have been numerous reports from inside these detention centres on just how bad conditions are... If they were being held in any other foreign jail, I imagine Mr English would be somewhat concerned. More>>


Schools: Achievement-Based Funding Would Be A Disaster

The Education Minister’s speech to the PPTA Conference raising the spectre of achievement data driving a new funding system would be disastrous, says NZEI Te Riu Roa. More>>

  • Video Out-Link - PPTA Annual Conference 2015 on Livestream (Q+A dicussion suggests funding would be directed to less successful schools.)

  • ALSO:

    ECE Report:

    Get More From Scoop



    Search Scoop  
    Powered by Vodafone
    NZ independent news