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


Mallard fast and loose with taxpayer money

Katherine Rich MP National Party Economic Development Spokeswoman

02 July 2006

Mallard fast and loose with taxpayer money

National Party Economic Development spokeswoman Katherine Rich says worrying comments by Trevor Mallard are more evidence that he is "utterly unsuited" to take over the finance role from Michael Cullen.

"Trev's already shown the public that he can't tell the difference between an asset and a liability, he took the fall for Helen Clark after making up numbers about the power crisis, and now he's making policy on the hoof."

Mrs Rich is referring to Mr Mallard's comments at a recent select committee and her follow-up parliamentary questions.

At the recent commerce select committee the Minister said: "I don't really care if the net funding of the company comes by way of a tax reduction against certain export development criteria or comes by way of a grant against the same criteria. It doesn't make any difference. Rich: It's quite a significant difference in policy, though, isn't it? Mallard: I don't see that there would be any..."

But answers to parliamentary questions show that neither the Ministry of Economic Development nor New Zealand Trade and Enterprise has undertaken any policy work regarding the use of tax-deductible expenditure by businesses as a replacement for government grants.

"In other words, Mr Mallard was floating an unresearched, unapproved idea with no clue as to the outcomes or the risk.

"Labour continues to show contempt for the taxpayers who are footing the bill for all of their harebrained schemes. Even more concerning is that if Mr Mallard gets the finance job all the signs are there that it will get worse," says Mrs Rich.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>


Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>


Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>


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>>


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>>


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>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news