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


NZ First Questions Power Companies Price Policies

Media Release
20 January 2004

NZ First Questions Power Companies Price Policies

New Zealand First is warning the electricity industry that its “shark like” pricing policies will force the next government to seriously consider restructuring the industry to give consumers a better deal.

Energy spokesperson Peter Brown said that in 1999 Labour promised to solve problems in the electricity industry but had now virtually admitted that the government could do little it to ease the predatory electricity pricing policies followed by the power companies.

“Since 1999 we have seen this government preside over two serious winter shortages and skyrocketing wholesale prices – the latest in the past few weeks when bad weather took out transmission lines.

“The situation was so bad that major companies had to shut down because of the prices charged by electricity generating companies, most of which are state-owned.”

Mr Brown said that power companies were forecasting more price rises – up to 15 percent – and he said this should not be tolerated by the government because profits were already substantial.

“The upwards pricing trend has got to stop. It is obvious that we will have to review the structure of the industry after the next election to make it more consumer-friendly.

“All consumers have had enough, and the power companies should heed this warning or face the consequences,” said Mr Brown.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>


Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>


Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>


General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Gordon Campbell: On Our Posturing At The UN

In New York, Key basically took an old May 2 Washington Post article written by Barack Obama, recycled it back to the Americans, and still scored headlines here at home… We’ve had a double serving of this kind of comfort food. More>>


Treaty Settlements: Bills Delayed As NZ First Pulls Support

Ngāruahine, Te Atiawa and Taranaki are reeling today as they learnt that the third and final readings of each Iwi’s Historical Treaty Settlement Bills scheduled for this Friday, have been put in jeopardy by the actions of NZ First. More>>


Gordon Campbell: On The Damage De-Regulation Is Doing To Fisheries And Education, Plus Kate Tempest

Our faith in the benign workings of the market – and of the light-handed regulation that goes with it – has had a body count. Back in 1992, the free market friendly Health Safety and Employment Act gutted the labour inspectorate and turned forestry, mining and other workplace sites into death traps, long before the Pike River disaster. More>>

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news