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


Fund payout and rules still ‘clear as mud’

David Carter MP
National Party Agriculture Spokesman

21 March 2008

Fund payout and rules still ‘clear as mud’

Ten days after Labour announced its so-called Fast Forward Fund with much fanfare, many of the details are still unclear and undecided.

“Cabinet papers released after the launch say this Fund will provide Government payouts of between $85 million and $100 million per year. That’s what Labour said.

“Days later, Agriculture Minster Jim Anderton released a table that said only $20 million would be paid out in its first year and $85 million wouldn’t be reached ‘til around year six. The table also failed to account for tax, or fund management costs.

“Then yesterday, Mr Anderton wouldn’t even confirm his figure of $20 million in the first year, saying ‘the amount of money … will be determined by a governance group of equal representatives of industry and Government’.

“Mr Anderton has now claimed several times that the agricultural industry has already committed a billion dollars. The farming community will want to know whose money has been committed and when.

“There are still significant blanks in this on the hoof policy. That is more proof this was all an effort to make the Government look more generous than it really is.

“National will make long-term funding commitments to research and development which provide real certainty to the sector,” says Mr Carter.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Back Again: Government Approves TPP11 Mandate

The Government has approved a negotiating mandate for Trans-Pacific Partnership 11 (TPP11), which will ensure New Zealand businesses remain competitive in overseas markets.

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>




Gordon Campbell: On Why Labour Isn’t Responsible For Barnaby Joyce

As a desperate Turnbull government tries to treat the Barnaby Joyce affair as a Pauline Hanson fever dream – blame it on the foreigners! We’re the victims of the dastardly New Zealand Labour Party! – our own government has chosen to further that narrative, and make itself an accomplice. More>>


Rail: Greens Back Tauranga – Hamilton – Auckland Service

The Green Party today announced that it will trial a passenger rail service between Auckland, Hamilton and Tauranga starting in 2019, when it is in government. More>>


Housing: Voluntary Rental Warrant Of Fitness For Wellington

Wellington City Council is partnering with the University of Otago, Wellington, to launch a voluntary Rental Warrant of Fitness for minimum housing standards in Wellington, Mayor Justin Lester has announced. More>>


Treaty: Agreement In Principle Signed With Moriori

“The Crown acknowledges Moriori was left virtually landless from 1870, hindering its cultural, social and economic development. The Crown also acknowledges its contribution to the myths that the people of Moriori were racially inferior and became extinct." More>>


Susan Devoy: Call For Inquiry Into State Abuse Reaches UN

Race Relations Commissioner Dame Susan Devoy is in Geneva and has asked a United Nations committee to urge the New Zealand government to initiate an inquiry into the physical and sexual abuse of children and disabled people held in state institutions. More>>


(Not National): Cross-Party Agreement On Pike River Re-Entry

The commitment was signed this afternoon by the leaders of Labour, United Future, The Maori Party, and the Green Party and, together with the earlier commitment by New Zealand First, means that there is now a Parliamentary majority behind the families’ fight for truth and justice. More>>






Featured InfoPages

Opening the Election