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

 


Suspensory loan for Invercargill Airport

28 July 2005

Suspensory loan for Invercargill Airport

The government has approved a suspensory loan of $1.5 million to enable Invercargill Airport to gear up for international flights.

Announcing the decision today, Finance Minister Michael Cullen said the funding would go toward buying biosecurity and aviation security equipment, including luggage x-ray facilities.

“I recognise that this creates a precedent for other regional airports wanting to move up to international status and do not rule out providing them with similar assistance, other conditions being equal,” Dr Cullen said.

“The money will become available if and when Invercargill persuades an international airline to provide regular, scheduled services to the city. The airport has yet to secure this but is in discussions with both Pacific Blue and Qantas.”

Dr Cullen said Invercargill was further advanced in its international ambitions than other areas. It already received diverted flights when weather conditions closed Queenstown Airport and was in the process of extending its runway; a $4 million project being financed by Invercargill ratepayers.

Under the border security funding formula announced in April, biosecurity and customs are paid by the government and aviation security costs by the travelling public through a uniform $9.31 charge.

New international airports, however, have to carry their own costs for a probationary period of one year. After that, they will be brought into the funding regime provided they can meet the threshold of 9000 departing passengers a year.

Dr Cullen said the loan to Invercargill was for three years and would be repayable unless it met these passenger volumes.

ENDS

© 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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news