Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Hodgson urges line company rationalisation

Minister of Energy Pete Hodgson has urged small electricity line companies to give "serious consideration" to amalgamations or joint management structures to cut their costs.
"I think we still have too many very small line companies," Mr Hodgson said in a speech to an Energy Trusts of New Zealand conference and annual general meeting in Wellington today. "There are savings to be made by the joining together of smaller line companies. Joint management contracts could be one innovative way to realise those savings."
Mr Hodgson said the recent announcement by line companies Network Waitaki and Alpine Energy of a joint management company indicated the possible benefits of amalgamation.
"The main impact of the new management company will be on the management, corporate and planning staff, who will be co-ordinated in one location. The companies expect to achieve ongoing savings from this approach.
"This reinforces the comments I have just made, that economies can be achieved in the managerial area. The Waitaki and Alpine initiative certainly looks like a useful approach. It is well worth exploring by Trusts and the line companies in which Trusts have ownership interests and I encourage you to look into it."
Mr Hodgson said he was concerned with cost structures in the industry, not ownership.
"Please be clear that issues of ownership don’t concern me. Trusts own their assets and they will sell them or not sell them as they see fit. This topic is not about ownership, it’s about management."


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>


Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>


Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>


Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>


With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>


Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news