Parliament

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

 

SOE Minister fingers Genesis

SOE Minister Mark Burton today fingered the Government-owned Genesis Power as the big winner out of the electricity crisis, National's Tony Ryall and Pansy Wong said.

"Appearing before the Finance and Expenditure Committee this morning, the Minister said Genesis was making the most money out of the crisis, and was doing well out of it," the MPs said.

"Yet on TV's 'Holmes' show last Thursday, Genesis CEO Murray Jackson told the nation that Genesis is making an 'insignificant amount' extra out of the crisis.

"The Minister has refused National's call for the SOEs to declare their daily cash profits and allay criticism that the Government's pockets are being lined by the profiteering of the state-owned generators.

"Mark Burton would prefer to wash his hands of the crisis. He doesn't want New Zealanders to know the SOEs have been profiteering. If there's nothing to hide, he should release the information.

"National is also concerned that the SOEs may be paying domestic consumers not to use electricity, then selling those savings at sky high prices on the spot market. This fills the Government's coffers while ordinary New Zealanders are working hard to cut their power use," Mr Ryall and Mrs Wong said.

"Mr Burton seems unconcerned but said he would look into it," they said.

Ends


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

General Assembly: Ardern Rejects Trump Call For War On Drugs

New Zealand will not be signing the United States' document calling for global action on the war on drugs, Prime Minister Jacinda Ardern says.

Ms Ardern is in New York for the United Nations General Assembly this week, along with about 140 other world leaders.

US President Donald Trump is kicking off his week at the UN by holding an event to promote the US document called the Global Call to Action on the World Drug Problem. More>>

 

Hunting v Pest Control: Tahr Control Needed To Protect Alpine Habitats

A cull of introduced Himalayan tahr browsing conservation land in Kā Tiritiri o Te Moana/ the Southern Alps is needed to protect special alpine plants and their habitats, Conservation Minister, Eugenie Sage said. More>>

ALSO:

Protest At Sea: Judge Discharges Greenpeace Activists

The judge today discharged Norman and Howell without conviction, saying the cumulative consequences of a conviction would be out of proportion to what was “low level” offending off the Wairarapa coast in April 2017. More>>

ALSO:

Meth Testing Report: Housing NZ "To Right Wrong"

Phil Twyford “Housing NZ acknowledges that around 800 tenants suffered by either losing their tenancies, losing their possessions, being suspended from the public housing waiting list, negative effects on their credit ratings or, in the worst cases, being made homeless.” More>>

ALSO:

No Reshuffle: Meka Whaitiri Removed As A Minister

Meka Whaitiri will be removed as a Minister with immediate effect... The decision was made after receiving a report into an incident that occurred on 27 August in Gisborne, involving Meka Whaitiri and one of her staff. More>>

ALSO:

Pay Equity Bill: Making History For Women’s Pay

The Equal Pay Amendment Bill, introduced to the House today, will make it easier for workers to make a pay equity claim , using a more simple and accessible process within New Zealand’s existing bargaining framework. More>>

ALSO:

Asylum: Refugee Quota Increasing To 1500

“The quota increase will take place from July 2020. In the meantime, we will work to increase the number and spread of refugee resettlement and support services. We need to make sure we’re prepared for this change in policy.” More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels