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


Questions For Air New Zealand

Friday, September 7 2001

ACT New Zealand Commerce spokesman Stephen Franks has today written to Finance Minister Michael Cullen seeking answers New Zealanders need before any decision is made on a government bail out of Air New Zealand.

"We can spend hours in Parliament debating trivia, allowances for SOE staff or TV presenters' salaries. It is appalling that we have not had Parliamentary answers to serious questions. With an airline the government could commit us to exposures that grow, like the BNZ rescues, into the billions of dollars," Mr Franks said. The questions include:

1. Will the money just be siphoned off to Australia to prop up Ansett?

2. Will New Zealand management be allowed to reform Ansett work practices without creating an anti-foreigner backlash?

3. Was it just incompetence that seems to have left the Ansett board not knowing the true state of the business?

4. Can Air New Zealand simply walk away from Ansett if necessary?

5. Has Air New Zealand guaranteed Ansett's debt, and if so why?

6. Is any guarantee secured giving Australian creditors claims over Air New Zealand's essential New Zealand operating equipment?

7. What market research or other comfort have we that Australians will fly with an Ansett closely identified with New Zealand?

8. Has the Air New Zealand board and management delayed acting because they were led to expect a government bail out, or was it unlawful foreign control, pursuing a wider strategy aimed more at inheriting Australian assets, than New Zealand's interests?

9. If it was the latter, why were the government's Kiwi Share powers not used to kick out the shareholders exercising that influence?

"The government may refuse to disclose these things to New Zealanders, but eventually it must all come out. I just hope our pressure helps the cabinet faction which wants to leave business to sort itself out.

"Politicians inexperienced in business can get sucked into postponing the inevitable, throwing good money after bad", Mr Franks said.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Tax Working Group’s Road Map

Trying to analyse the interim report on the Tax Working Group (TWG) is like trying to review an entire All Blacks game, but at the half- time mark.

With so much still to be finalised, Sir Michael Cullen and his colleagues are going to need all the All Blacks’ fabled finishing skills to get a coherent, fiscally neutral package together by the February 2019 deadline. More>>


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>>


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>>


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>>


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… 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.” More>>


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>>





InfoPages News Channels