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


Govt rail deal puts more taxpayer money at risk

Govt rail deal puts more taxpayer money at risk

The National Party is accusing Labour of taking another huge gamble using taxpayer money, after the Government unveiled a proposal to buy the tracks and associated property off Tranz Rail.

"The Labour Government has a lousy track record in business, as the Air New Zealand deal has shown," says the National Party Transport spokesman Roger Sowry.

"The National Party believes the Government has no place in the rail business and commercial interests would be better left to manage their own affairs.

"Instead we've seen the creeping hand of an administration motivated by socialist ideology, buying back services that other Governments leave to private enterprise," says Mr Sowry.

"There's obviously interest in Tranz Rail as a going concern, given the recent bids by rival companies.

"It's also worth noting that when the Government moved to buy back the rail corridors in Auckland, the crown was accused by many of paying far too much.

"That's yet another example of Labour's business naivety, at the taxpayer's expense," Mr Sowry says.

"By default, the taxpayer will also be subsidising Tranz Rail investors who, until recently, have watched their share prices tumble.

"Instead of reducing hospital waiting lists, or offering tax breaks to working New Zealanders, the Labour Government has opted to empire build.

"Yet again, Labour returns to type," says Mr Sowry.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Veronika Meduna: The Kaikoura Rebuild

A Scoop Foundation Investigation

Friday will be a big day for people north of Kaikōura – and for hundreds of construction workers who are racing to reopen State Highway 1 in time for the holiday season.

By the afternoon, the South Island’s main transport corridor will be open to traffic again, more than a year after a magnitude 7.8 earthquake mangled bridges and tunnels, twisted rail tracks and buried sections of the road under massive landslides. More>>


BPS HYEFU WYSIWYG: Labour's Budget Plans, Families Package

“Today we are announcing the full details of the Government’s Families Package. This is paid for by rejecting National’s tax cuts and instead targeting spending at those who need it most. It will lift 88,000 children out of poverty by 2021." More>>


Gordon Campbell: On Defence Spending, Alabama, And Dolly Parton

The spending lavished on Defence projects to meet the risks that could maybe, possibly, theoretically face New Zealand in future is breath-taking, given how successive governments have been reluctant to spend even a fraction of those amounts on the nation’s actual social needs. More>>


Members' Bills: End Of Life Choice Bill Passes First Reading

The End of Life Choice Bill in the name of David Seymour has been sent to a select committee for consideration by 76 votes to 44. It is the third time Parliament has voted on the issue in recent decades and the first time such a Bill has made it over the first hurdle. More>>


State Sector: MPI Survives Defrag Of Portfolios

The Ministry for Primary Industries will not be split under the new government, but will instead serve as an overarching body for four portfolio-based entities focused on fisheries, forestry, biosecurity and food safety. More>>


Gordon Campbell: On Vulnerable Kids, RNZ Funding, And Poppy

The decision to remove the word ‘vulnerable’ from the Ministry for Vulnerable Children could well mark a whole shift in approach to the care of children in need... More>>





Featured InfoPages