11 December 2001

A new Public Trust Bill passed tonight will modernise Public Trust, Minister in charge of the Public Trust Jim Anderton said.

He said the new legislation gives Public Trust new governance arrangements and much improved flexibility.

“The new governance arrangements are necessary because the last Government hampered Public Trust with a range of outdated rules.

“Public Trust’s financial results declined because of the inaction.

"I believe Public Trust is a fundamentally sound business that has been paying the price for operating too long with its hands tied behind its back.

"This government has given Public Trust the means to be a successful public enterprise,” Jim Anderton said.

Ends

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Gordon Campbell: On the Sony cyber attack

Given the layers of meta-irony involved, the saga of the Sony cyber attack seemed at the outset more like a snarky European art film than a popcorn entry at the multiplex.

Yet now with (a) President Barack Obama weighing in on the side of artistic freedom and calling for the US to make a ‘proportionate response’quickly followed by (b) North Korea’s entire Internet service going down, and with both these events being followed by (c) Sony deciding to backtrack and release The Interview film that had made it a target for the dastardly North Koreans in the first place, then ay caramba…the whole world will now be watching how this affair pans out. More>>