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

 


Auditor-Gen investigation would have been beneficial

Media release: Rail & Maritime Transport Union
Friday February 8, 2013.

KiwiRail Auditor General investigation would have been beneficial

The Rail and Maritime Transport Union is disappointed that the Auditor General will not probe KiwiRail’s handling of its contracting out of wagons and locomotives to China CNR Corporation.

The Auditor General has today said it will not launch a formal inquiry into purchases of rolling stock from China CNR by KiwiRail, following a request last year from Dunedin South MP Clare Curran.

Wayne Butson, RMTU General Secretary, said that an inquiry would have been beneficial.

“The Auditor General has noted the reason it was not investigating the matter was because the decisions were made for normal business and commercial reasons.”

“But KiwiRail is not a normal commercial business. It is owned by the public of New Zealand, and should operate in New Zealand’s best interests.”

“KiwiRail needed to meet its obligations as an SOE to consider the wider social impact of its decisions to send train construction overseas, and the subsequent closure of Hillside workshops in Dunedin with the loss of 90 jobs.”

“We don’t believe it did, and would have welcomed the Auditor General assessing this.”

Wayne Butson said one of the reasons why New Zealand is facing a jobs crisis is because the government was taking no lead on procurement, and rail manufacturing was a classic example.

“KiwiRail needed to take a whole-of-life view of procurement, not just upfront costs.”

“But it needed a stronger steer from its shareholder, the government, also. John Key’s government has shown no interest whatsoever in using its significant purchasing power to support Kiwi jobs.”

“Steven Joyce said today that the answer to jobs was more foreign investment. Why would foreigners invest when the New Zealand government is not prepared to invest in New Zealand manufacturing,” Wayne Butson said.

Ends.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Revenue Renewal: Tax Modernisation Programme Launched

Revenue Minister Todd McClay today released the first two in a series of public consultations designed to modernise and simplify the tax system. More>>

ALSO:

Scoop Business:
NZ Puts Seven New Oil And Gas Areas Put Up For Tender

A total of seven new areas will be opened up to oil and gas exploration under its block offer tendering system, as the New Zealand government seeks to concentrate activity in a few strategically chosen areas. More>>

ALSO:

Half Full: Dairy Payouts Steady, Cash Will Be Tight

Industry body DairyNZ is advising farmers to focus on strong cashflow management as they look ahead to the 2015-16 season following Fonterra's half-year results announcement today. More>>

ALSO:

First Union: Cotton On Plans To Use “Tea Break” Law

“The Prime Minister reassured New Zealanders that ‘post the passing of this law, will you all of a sudden find thousands of workers who are denied having a tea break? The answer is absolutely not’... Cotton On is proposing to remove tea and meal breaks for workers in its safety sensitive distribution centre. How long before other major chains try and follow suit?” More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news