Parliament

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

 

Government must keep rail rolling


Government must keep rail rolling

The precarious state of Tranz Rail reinforces the need for the Government to own the country's rail track as the company is no longer capable of guaranteeing rail and ferry services, Green Co-leader Jeanette Fitzsimons said today.

Tranz Rail's failure today to secure financial backing from Citibank comes on top of a reduced forecast, a plunging share price, a downgrade in its credit rating and the Halliburton KBR report that was highly critical of its safety record.

"The situation is such that Tranz Rail can no longer be entrusted with operation of the country's rail and ferry network," said Ms Fitzsimons. "To ensure continued service, the Government must own the rail tracks and lease services to those companies most capable of operating them.

"Rail is essential infrastructure in a world which must reduce greenhouse gasses and congestion on roads."

The Green Party policy on rail is to establish a new SOE to own the rail network, possibly as a joint venture between central and local government. The right to run trains would be the subject of access agreements.

"This was probably the most disastrous of all New Zealand privatisations," said Jeanette Fitzsimons. "Our vital rail network can still be saved - if we act now."

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Simon Bridges: National Leak Inquiry Points To Jami-Lee Ross

John Billington QC has independently assessed the investigation report. It is his opinion that on the balance of probabilities the evidence establishes that Jami-Lee Ross was the person who leaked the expenses and the sender of the text message.

I accept both the investigation report and the opinion of Mr Billington.

Earlier today I visited Jami-Lee Ross with Paula Bennett and explained to him the report and the opinion of Mr Billington and gave him an opportunity to respond. I was not satisfied with his explanation. More>>

 

New Hager Investigation: War Crimes, Sexual Assaults And Coverups In Armed Forces

A string of current and ex-New Zealand Defence Force staff have contacted Hager since the book he co-authored with Jon Stephenson – Hit & Run – was published in March 2017... More>>

ALSO:

Israel's Anti-Boycott Law: NZ Activists Fined Over Lorde Cancellation Raise $12k For Charity

New Zealand activists being fined in Israel for urging pop singer Lorde to cancel her concert have raised more than $12,000 for a Palestinian charity. More>>

ALSO:

NZEI: Teacher Shortage Plan Falls Short

NZEI Te Riu Roa has welcomed the Government's announcement of new initiatives to address the growing teacher shortage, but says teaching must become a sustainable career choice if there is to be a long-term solution… More>>

ALSO:

New Study: Women’s Refuge Examines Reproductive Coercion In NZ

While some research on reproductive coercion has been undertaken in other countries, like the United States, to date there has not been a comprehensive study of reproductive coercion in New Zealand – making this study a first of its kind. More>>

ALSO:

Gordon Campbell: On The Govt’s Feeble Response To Loan Sharks

The coalition government’s attempts to minimise the harm done by loan sharks comes nearly 12 years after a major report in 2007 had identified how fringe lenders were aggressively targeting low-income Pacific Island and Maori communities. As that study had found, only 43% of those accessing loan sharks were, at the time, in paid employment. More>>

ALSO:

Sewer Drug Tests: Wastewater Testing To Roll Out Nationally

Testing will be rolled out to 38 sites across the 12 Police districts this month and will capture 80% of New Zealand’s population. Police Commissioner Mike Bush says wastewater testing is crucial to Police’s understanding of drug consumption in our communities. More>>

ALSO:

Four Stood Down: Two Probes Into Police Trainees Are Criminal Investigations

Two of the four investigations into trainee police over claims of misconduct are criminal investigations, the Police College training manager says. More>>

ALSO:

Earthquake Claims: One Stop Shop Launched

The Greater Christchurch Claims Resolution Service... will provide independent case management to bring together fast tracked claims handling, specialist engineering support, psychosocial support, and legal expertise to help resolve claims. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels