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

 


Anderton Should Give Answers, Not Silence Critics


Anderton Should Provide Answers, Not Try to Silence Kiwibank Critics

Jim Anderton should front up with answers on Kiwibank instead of attacking those seeking accountability for the waste of taxpayers' money on a bank that's not needed, ACT Finance spokesman Rodney Hide says.

"Kiwibank may have lots of customers but it has little money. The average deposit is only $2,800. The base case projections that went to Cabinet for approval to blow $80 million of taxpayers' money, were based on average deposit of $6,000. Kiwibank has achieved less than half that.

"Mr Anderton should explain why Kiwibank has such a low level of deposits - and the impact that will have on the bank's projected profitability. He should also state how many over-the-counter banking transactions are being undertaken in New Zealand Post franchises. Neither Kiwibank nor New Zealand Post are prepared to front up to franchisees and explain the adverse impact Kiwibank is having on these businesses.

"The franchisees are making only a few dollars a day while losing up to a third of their retail space and having to struggle with learning the business of banking.

"Mr Anderton won't even accept any Ministerial responsibility for `his' Kiwibank. That way he dodges questions in Parliament. The Minister responsible for Kiwibank is Mark Burton who is notorious for not answering questions in Parliament.

"It might not suit Jim Anderton that these questions keep getting asked. But I will keep asking them. I will be holding Mr Anderton to account for the taxpayers' money he's spent," 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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news