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


Auditor-General Must Investigate NZ Post Board

ACT Finance Spokesman Rodney Hide has today asked the Auditor-General to investigate the behaviour of NZ Post’s Board and their decision to invest in “Newbank”.

"A vicious open war has developed amongst Board members, resulting in an unprecedented level of leaks to ACT and the media," Rodney Hide said.

"The processes being followed are undermining the Board's effectiveness and efficiency. This is not a Board that you would want to do business with. The result is that the value and opportunities of NZ Post are being undermined.

"The Minister had a chance to get an independent investigation last week. He chose instead to kick the problem back to the Board.

"The problem has since deepened. The only way forward is for the Chairman - and perhaps the entire Board - to be dismissed.

"The latest round of Board shenanigans are just part of the problem.

"This year the Board decided to continue with a venture into personal banking, when all advice including that of Cameron and Co was against the proposal. The Board failed to heed that advice. Their decision to continue suggests they were reckless.

"Under the Public Audit Act 2001 that came into effect yesterday, the Auditor-General has the power to investigate SOEs to see whether they are undertaking their activities effectively and efficiently. I have written to the Auditor-General detailing the case against NZ Post and asking him to do just that," Rodney Hide said.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Peters/Ardern Triumph

There are a lot of good reasons to feel joyful about this outcome. It is what so many young voters – the best hope for the country’s future – wanted.

Far more important than the implications for the Economy Gods ( is the dollar up or down? ) last night’s outcome will also mean many, many vulnerable New Zealanders will have a better life over the next three years at least.

Yet the desire for change was in the majority, across the country..>>>More


Labour on its agreement |Peters: Post-Election Announcement Speech | Greenpeace “cautiously hopeful” about new Government | ACT - Madman on the loose | E tū ecstatic | Chamber welcomes the outcome | Greens on their joining Govt | EDS welcomes new govt | Immigrant groups worry | Feds ready to engage new coalition government | Labour Ministers of the Crown announced


Climate: Increasing Greenhouse Emissions Hit NZ

New Zealand is seeing impacts of excess greenhouse gas emissions in our climate and oceans, according to the latest national report from the Ministry for the Environment and Stats NZ about the state of the atmosphere and climate…More>>


Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>


Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>


Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>


Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>


Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>


Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>




Featured InfoPages

Opening the Election