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

 


Labour: National plans SOE sales

9 August 2005

Labour: National plans SOE sales



Click for big version
Labour's latest billboard is erected near Westpac stadium, Wellington.

***********

Prime Minister Helen Clark today warned of the National Party's hidden agenda for privatisation, as new election billboards carrying a similar message were unveiled.

The billboards quote Don Brash on asset sales: "I'm not willing to say."

"We can fill in the gaps in its policy: National will sell New Zealand’s state-owned enterprises,” Helen Clark said.

"National has said that it will be ‘pragmatic’ and 'flexible' about the ownership of SOEs, and does not rule out reducing the ‘degree of public ownership’ in them, as a step towards full privatisation. If National was serious about keeping the SOEs, it would rule out their sale.

"National needs to come clean now about what SOEs will be put on the block, and whether the proceeds are to pay for its over-hyped tax cuts.

"SOES, from the electricity companies to New Zealand Post and Kiwibank, would be considered for sale by National.

"National has stated explicitly that it would sell Landcorp’s farms. Landcorp's assets are worth around $850 million and it delivered dividends of $34 million in 2003-04.

“Its size and scale allows it to conduct valuable research and development which not only benefits taxpayers but also the wider agricultural sector. But its farm properties – land currently owned by all New Zealanders – would be likely to end up in the hands of foreign owners, if National got its way.

"National also wants to flog off Solid Energy, the state’s award-winning coal company judged last year to be Exporter of the Year. Under National, Solid Energy would also end up in foreign ownership.

"Selling SOEs like Landcorp and Solid Energy is not just short-sighted. It is stupid. And it is the sort of ideologically driven nonsense which New Zealanders thought they’d got rid of in 1999. National is prepared to flog off the family silver in its desperate endeavour to fund tax cuts for its supporters.

“Under Labour, New Zealand’s state-owned enterprises will remain in public hands,” Helen Clark said.

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