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Transparency or just nosiness?

Tuesday, 22 February 2005

Transparency or just nosiness?

United Future finance and revenue spokesperson Gordon Copeland today expressed “deep reservations” concerning the planned new rules which would throw private business accounts open to public scrutiny.

“I find none of the so-called justifications advanced by the government for these new rules justified,” said Mr Copeland.

“Is it really about “creating more transparency” or simply sticky beaking? Would it really create better security for creditors when we already have an entire industry dedicated to providing just such information to businesses?

“Nor should we be sucked in by a rhetoric about “bringing NZ into line with international practices.” The whole point about being a free and sovereign nation is surely about having the ability to create rules and laws which reflect the culture and practice of this country.

“Indeed, what mischief arising from the present situation is government trying to address? I know of none. The real issue here is about privacy - something which should be safeguarded for all New Zealanders be they rich or poor,” said Mr Copeland.


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