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.

Ends


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>

ALSO:

Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>

ALSO:

More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>

ALSO:

Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>

ALSO:

Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>

ALSO:

General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news