Parliament

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

 

Regulatory Regimes "Smoke And Mirrors Exercise"

Telecommunications And Electricity Announcements A "Smoke And Mirrors Exercise"

The announcements over the past two days of light-handed industry based regulatory regimes for electricity and communications seem to be more of a smoke and mirrors exercise, rather than representing a substantial industry-wide change, says Hon Peter Dunne, leader United New Zealand.

"While both announcements contain welcome measures and move the respective industries in the right direction, there is a need for a more co-ordinated approach across all our essential utilities.

"For example, we should be looking at a central regulatory body, responsible for all essential utilities rather than the ad-hoc approach of setting up new bodies for each utility or industry sector," says Mr Dunne.

He says in many respects the announcements of light-handed industry self regulation in the electricity and communications sectors mirror each other, certainly in their objectives.

"While there will be specific issues unique to each industry sector there appears to be broad agreement on such issues as consumer protection, industry based regulation, watchdog roles and promotion of innovation with a carrot and stick approach to compliance.

"Therefore a cross-sector industry approach with a central watchdog and regulatory body would simplify the process of reform and be more resourceful," says Mr Dunne.

END


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Veronika Meduna: The Kaikoura Rebuild

A Scoop Foundation Investigation

Friday will be a big day for people north of Kaikōura – and for hundreds of construction workers who are racing to reopen State Highway 1 in time for the holiday season.

By the afternoon, the South Island’s main transport corridor will be open to traffic again, more than a year after a magnitude 7.8 earthquake mangled bridges and tunnels, twisted rail tracks and buried sections of the road under massive landslides. More>>

 

BPS HYEFU WYSIWYG: Labour's Budget Plans, Families Package

“Today we are announcing the full details of the Government’s Families Package. This is paid for by rejecting National’s tax cuts and instead targeting spending at those who need it most. It will lift 88,000 children out of poverty by 2021." More>>

ALSO:

Gordon Campbell: On Defence Spending, Alabama, And Dolly Parton

The spending lavished on Defence projects to meet the risks that could maybe, possibly, theoretically face New Zealand in future is breath-taking, given how successive governments have been reluctant to spend even a fraction of those amounts on the nation’s actual social needs. More>>

ALSO:

Members' Bills: End Of Life Choice Bill Passes First Reading

The End of Life Choice Bill in the name of David Seymour has been sent to a select committee for consideration by 76 votes to 44. It is the third time Parliament has voted on the issue in recent decades and the first time such a Bill has made it over the first hurdle. More>>

ALSO:

State Sector: MPI Survives Defrag Of Portfolios

The Ministry for Primary Industries will not be split under the new government, but will instead serve as an overarching body for four portfolio-based entities focused on fisheries, forestry, biosecurity and food safety. More>>

ALSO:

Gordon Campbell: On Vulnerable Kids, RNZ Funding, And Poppy

The decision to remove the word ‘vulnerable’ from the Ministry for Vulnerable Children could well mark a whole shift in approach to the care of children in need... More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages