Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Business & Maori want referendum on Privy Council

Business and Maori want referendum on Privy Council

Business and Maori organisations have joined together to express their concern at moves to deny access to the Privy Council.

Business NZ, Federated Farmers of NZ Inc, the Federation of Maori Authorities, the Institute of Chartered Accountants and the NZ Business Roundtable say no attempt has been made to bring the constitutional issues involved to public attention and they fear constitutional change by stealth could result.

They are concerned that the process for setting up a supreme court has been initiated without first establishing any grounds for discarding the Privy Council.

They say the Privy Council is a powerful protection against inconsistent judicial decision-making in commercial cases (most New Zealand cases taken to the Privy Council are commercial ones), and also provides an objective consideration of Treaty issues for Maori.

The five organisations say New Zealand’s stable legal system makes it attractive for foreign investment, and this would be endangered by replacing the Privy Council with a supreme court stacked with politically appointed judges lacking in commercial expertise.

They say fundamental constitutional change, as proposed by the Supreme Court Bill, should only be introduced following a three quarters majority vote in Parliament or a general referendum.

© Scoop Media

Business Headlines | Sci-Tech Headlines


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news