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


NZ Post's Malta Excursion Causes Concern

Tuesday 5 Feb 2002

New Zealand Post's equity and management deal with Malta Post must be of concern to the Government and taxpayers, ACT Finance Spokesman Rodney Hide said today.

"The deal comes hard on the heels of the state-owned enterprise's disastrous excursion into South Africa. NZ Post had promised the South African post offices would break even in three years. They failed, with negative repercussions for the South African Government, the New Zealand Government and our country's international reputation.

"The Price Waterhouse Cooper report into Transend operations in Europe was far from glowing.

"They haven't learned any lessons, choosing instead to repeat their mistakes in a different country.

"NZ Post has got enough trouble here at home. It's in an obvious mess with the roll-out of its bank. This is the time for the SOE to focus on its own backyard, not preach to others.

"NZ Post is owned by the Government, so it isn't subject to normal commercial accountability. It has also managed to escape proper parliamentary accountability.

"I am surprised that shareholders Michael Cullen and Mark Burton have allowed the Board of NZ Post to enter into an equity deal with Malta Post given the experience in South Africa," Mr Hide said.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>


Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>


Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>


Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>


With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>


Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news