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


Calls for Qantas NZ shareholders to pay suppliers

23 April 2001 Media Statement

Support for calls for Qantas NZ shareholders to pay suppliers

Support for calls on Tasman Pacific's shareholders to pay some of the debts of Qantas New Zealand's shareholders…

The Auckland Chamber of Commerce today said many suppliers who continued to provide a service in good faith will lose out.

The Chamber wants shareholders to consider paying some of the outstanding debts.

Economic Development Minister Jim Anderton agrees.

"Shareholders knew for some time that the company was in trouble. I am sure they worked as hard as they could to stop the company from collapsing. But now the company has collapsed, these shareholders will walk away while the companies that supplied them in good faith have to take the losses.

"The amounts required are obviously substantial, but wouldn't bankrupt some of the individuals concerned. They have an ethical obligation to consider their position."

Jim Anderton noted that some of the shareholders in Qantas New Zealand have been bankroling the Act party to the tune of millions of dollars.

"If they can give millions of dollars to a philosophically bankrupt political party, then they should be prepared to honour their airline's commitment to suppliers."


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Suffrage 125: NZ A Trailblazer For Women

“We acknowledge the work of Kate Sheppard, Meri Te Tai Mangakāhia, and all of the suffragists who tirelessly campaigned for the vote. We also acknowledge the men who supported the cause and voted for the Bill to pass.

“Today we also need to ask each other: how we can continue to make our country a fairer and better place to continue the legacy of the suffragists.

“Aotearoa New Zealand has a female Prime Minister, we have women in cabinet. And I’m here as Acting Minister because the Minister for Women Julie Anne Genter is on maternity leave. New Zealand is a good place to be a woman!” More>>


'Post-Settlement Era': Māori Crown Agency To Be Established

Cabinet has approved the final scope of the Māori Crown portfolio and agreed to establish an agency to oversee Government’s work with Māori in a post-settlement era, announced Crown/ Māori Relations Minister Kelvin Davis. More>>

Gordon Campbell: On Our Military Roles In Iraq & Afghanistan

The politics of the deployment extension have degenerated into a slanging match about whether the previous National government was right or wrong to make the initial commitment to Iraq – and whether the extension is a responsible thing given our joint training role in Iraq with Australia, or is hypocritical in the light of prior statements made by a previous Labour leader... More>>


Commissioner To Be Appointed: Govt To Dismiss Board Of Whitireia And WelTec

Education Minister Chris Hipkins has made a preliminary decision to appoint a Commissioner to Whitireia and WelTec to address the two polytechnics’ financial woes. More>>


Open Government Action Plan: Government To Proactively Release Cabinet Papers

The Cabinet papers will be released no later than 30 business days after a Cabinet decision. This process will be in place for Cabinet papers lodged from 1 January 2019... More>>


NZ Initiative: Evidence Of "Huge" Government Waste

It is not so much that spending is being literally wasted. Rather the best performing countries are achieving much better outcomes relative to their spending. More>>


Gordon Campbell: On The Ardern Pep Talk

The intolerance being shown as the coalition process unfolds in New Zealand betrays our depressing appetite for a tidily totalitarian style of government where everyone is expected to march in lockstep. More>>


Last Two: All Charter Schools To Join State System

The decisions on Tūranga Tangata Rite in Gisborne and Waatea School in Auckland mean that all 12 charter schools that applied to become designated character or state integrated schools have now been approved. More>>





InfoPages News Channels