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


TVNZ board meets with shareholding ministers

16 December 2004

TVNZ board meets with shareholding ministers

The two shareholding Ministers for TVNZ, Dr Michael Cullen and Steve Maharey met this morning with the remuneration committee of the board of TVNZ.

The board was asked to explain the failure of process around advising the government under the "no surprises" policy, and the basis of their decision-making processes around setting the remuneration for Judy Bailey.

"While the board accepts there is a failure of process its decision was made in good faith. While Dr Cullen and myself accept it was made in good faith, we remain unconvinced about the outcome and expressed our disappointment at what we saw as a clear failure of process," Steve Maharey said.

"The three members of the remuneration committee tendered their resignations. On balance we have decided not to accept these and have asked the board to ensure changes are made.

"The board undertook to thoroughly and immediately review their processes in relation to communicating key decisions to the shareholding ministers and the setting of senior levels of remuneration within the company.

"From the government's perspective, a no surprises approach is absolutely crucial to ensuring a good working relationship with a Crown company such as TVNZ.

"The shareholding ministers will be writing to the board today setting out our views and the changes that were agreed at today's meeting. The board has given an assurance that it will undertake this review in the near future.

"It is crucial to us that the basis on which senior levels of remuneration are set within TVNZ has a sound, robust and transparent basis to it."


© 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