Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More
Parliament

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

 

What will Mr Fraser's $300,000 buy?

Georgina te Heuheu - National Party Broadcasting spokeswoman

1 November 2005

What will Mr Fraser's $300,000 buy?

National's Broadcasting spokeswoman, Georgina te Heuheu, says Steve Maharey can mince his words all he likes, but there is no denying that Ian Fraser's $300,000 payment for six months worth of "odd jobs" is a golden handshake.

"It's a golden handshake by any measure."

On radio this morning the Broadcasting Minister confirmed Mr Fraser will remain on the TVNZ payroll for six months.

Mr Maharey claims Mr Fraser is required to give six months notice.

"Mr Fraser was appointed at a time when the Government was very conscious about golden handshakes," says Mrs te Heuheu.

"Given that, why was he still offered a contract with a six-month notice period should he resign?

"This golden handshake will leave the taxpayer out of pocket to the tune of at least $300,000.

"What precisely will Mr Fraser will be doing for this salary? Odd jobs?

"And will the taxpayer be expected to foot the bill for two chief executive salaries for some of that time?

"This bungling is costing the taxpayer in terms of lost advertising revenue and in terms of big executive pay packets.

"Will Mr Fraser's gilt-edged exit deal allow him to become eligible for TVNZ's lucrative superannuation scheme as suggested today?

"If so, this becomes a payout of more than $400,000. If there is more on top of that the Government should come clean now," says Mrs te Heuheu.

ENDS

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines


Gordon Campbell: On The US Opposition To Mortgage Interest Deductibility For Landlords


Should landlords be able to deduct the interest on the loans they take out to bankroll their property speculation? The US Senate Budget Committee and Bloomberg News don't think this is a good idea, for reasons set out below. Regardless, our coalition government has been burning through a ton of political capital by giving landlords a huge $2.9 billion tax break via interest deductibility, while still preaching the need for austerity to the disabled, and to everyone else...
More


 
 

Government: Concerns Conveyed To China Over Cyber Activity
Foreign Minister Winston Peters has confirmed New Zealand’s concerns about cyber activity have been conveyed directly to the Chinese Government. “The Prime Minister and Minister Collins have expressed concerns today about malicious cyber activity... More

ALSO:


Government: GDP Decline Reinforces Government’s Fiscal Plan

Declining GDP for the December quarter reinforces the importance of restoring fiscal discipline to public spending and driving more economic growth, Finance Minister Nicola Willis says... More

ALSO:


Government: Humanitarian Support For Gaza & West Bank

Winston Peters has announced NZ is providing a further $5M to respond to the extreme humanitarian need in Gaza and the West Bank. “The impact of the Israel-Hamas conflict on civilians is absolutely appalling," he said... More


Government: New High Court Judge Appointed

Judith Collins has announced the appointment of Wellington Barrister Jason Scott McHerron as a High Court Judge. Justice McHerron graduated from the University of Otago with a BA in English Literature in 1994 and an LLB in 1996... More

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.