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


Govt should allow bigger SAL stake in Air NZ

Bill English National Finance Spokesperson

18 April 2001

Govt should allow bigger SAL stake in Air NZ

National will support a quick decision by the Government to allow Singapore Airlines to own more of Air New Zealand, National's Finance spokesman Bill English said today.

"Air New Zealand need to have a range of options for financing new aircraft for Ansett Australia. Singapore Airlines, already a supportive shareholder in Air New Zealand, is a gilt-edged world-class company who could contribute expertise as well as capital.

"This is a test for the Government's foreign investment stance. The Government has formed a Closer Economic Partnership with the Singapore government, the owner of Singapore Airlines. Helen Clark is in the region right now promoting New Zealand as a destination for foreign investment.

"The Prime Minister firmly rejected the last request from Air New Zealand for an increase in the 24.9% ceiling on foreign ownership, probably because of pressure from Jim Anderton and the Alliance.

"This is an opportunity for the Government to show it won't let coalition politics compromise the national interest, as it did by agreeing to The People's Bank. All it would take is some goodwill and common sense on an important issue for New Zealand's national carrier," Mr English said.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Anti-Corbyn Split In British Labour

The resignation of seven UK Labour MPs in protest against the leadership of Jeremy Corbyn is another example of the centre-left’s readiness to sabotage its own cause – such things are always allegedly done on principle – even if the outcome hands the country over to Conservative rule for five more years.

Certainly, a technician hot-miked at the splitters’ press conference was pretty sure this would now be the outcome, and he accidentally informed the nation to that effect. More>>


Gordon Campbell: On The Alleged China Relations Crisis

If New Zealand’s relations with China are ‘deteriorating’ then you still need a microscope to detect the signs... More>>


Environment: Government To End Tenure Review

“Tenure review has resulted in parcels of land being added to the conservation estate, but it has also resulted in more intensive farming and subdivision on the 353,000 ha of land which has been freeholded. This contributed to major landscape change and loss of habitat for native plants and animals,” said Eugenie Sage. More>>


Bell Tolls: Big Changes, Grand Mergers Planned For Vocational Training

“At a time when we’re facing critical skill shortages, too many of our polytechnics and institutes of technology are going broke... More>>


Sallies' State Of The Nation: Progress Stalled In Reducing Inequality

The report shows a lack of tangible progress in key areas including record levels of household debt and a growing gap in educational achievement between poorer and more well off communities. More>>


Party Politics In Tax Morale Survey: SSC To Seek Answers From IRD

Minister of State Services Chris Hipkins has today asked the State Services Commissioner Peter Hughes to examine IRD’s reported inappropriate use of a public survey. More>>


Health: Prohibiting Smoking In Vehicles Carrying Children

Under the change, Police will be able to require people to stop smoking in their cars if children (under 18) are present. Police will also be able to use their discretion to give warnings, refer people to stop-smoking support services, or issue an infringement fee of $50... It is expected that this amendment will become law by the end of 2019. More>>





InfoPages News Channels