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

 


Public Trust changes under way

29 March 2001 Media Statement

Public Trust changes under way

Concerns expressed by a parliamentary Select Committee will be taken seriously by Public Trust's Minister, Jim Anderton.

The Finance and Expenditure Committee report on Public Trust was tabled today, and the Minister says many of its concerns are being addressed already.

"New laws modernising Public Trust are before Parliament now and I expect they will be in place by the middle of this year. That will strengthen Public Trust's ability to provide a high level of public service," Jim Anderton said.

"From this week, Public Trust will have a Board in place to improve accountability and governance. The concerns expressed by the Select Committee over the performance of the chief executive are a matter between the CEO and the Board.

"The other major area of concern was the accounting treatment of Public Trust's tax losses. The Select Committee felt that the way the tax losses were handled should comply with Generally Agreed Accounting Principles. I agree with the Select Committee on this point.

"Public Trust is a fundamentally sound business and its clients can have confidence in it. But I am taking the concerns of the Select Committee seriously," Jim Anderton said.


ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>

ALSO:

Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>

ALSO:

Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>

ALSO:

General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Gordon Campbell: On Our Posturing At The UN

In New York, Key basically took an old May 2 Washington Post article written by Barack Obama, recycled it back to the Americans, and still scored headlines here at home… We’ve had a double serving of this kind of comfort food. More>>

ALSO:

Treaty Settlements: Bills Delayed As NZ First Pulls Support

Ngāruahine, Te Atiawa and Taranaki are reeling today as they learnt that the third and final readings of each Iwi’s Historical Treaty Settlement Bills scheduled for this Friday, have been put in jeopardy by the actions of NZ First. More>>

ALSO:

Gordon Campbell: On The Damage De-Regulation Is Doing To Fisheries And Education, Plus Kate Tempest

Our faith in the benign workings of the market – and of the light-handed regulation that goes with it – has had a body count. Back in 1992, the free market friendly Health Safety and Employment Act gutted the labour inspectorate and turned forestry, mining and other workplace sites into death traps, long before the Pike River disaster. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news