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

 


Brash Announces Lines Company Moves

Don Brash MP
National Party Leader
17 June 2005

Brash announces lines company moves

National Party leader Don Brash announced today that National intends to look closely at allowing electricity lines companies to move into electricity retailing.

He told the Electricity Engineers Association annual conference in Auckland that it was imperative New Zealand's electricity supply was improved, and one way of doing this was to allow lines companies to move into other areas of the industry.

"This idea of lines companies in retailing is an area we are putting a lot of effort into, and on becoming the Government we intend to talk closely with the sector about the options available.

"We will also allow the companies to invest in generation, with no restrictions on the amount they own. It makes good sense to allow companies which already have a major investment in the sector to add to the capacity of our generation base by owning generation."

National will also introduce substantial amendments to the Resource Management Act within three months of becoming the Government and pass the changes within nine months.

"This bureaucratic monster is stifling growth and contributing to an infrastructure crisis, and it must be sorted out."

Dr Brash says National is also prepared to re-think the way funding infrastructure investment is looked at.

"We have made it clear we would be prepared to borrow for expenditure on capital assets.

"This is a prudent thing to do. Simply put, borrowing to invest in assets where the prospective economic returns outweigh the costs just makes good sense. It's good business.

"What is completely wrong is borrowing for consumption. The borrow, spend and hope policies of New Zealand's past were a dismal failure, and I can promise you that I will never allow New Zealand to return to the failed polices of the 1970s."

Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>

ALSO:

Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>

ALSO:

More Justice & Corrections

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>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news