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

 


National must come clean over REINZ deals

Hon Clayton Cosgrove
Associate Minister of Justice

12 June 2008 Media Statement

National must come clean over REINZ deals

Associate Justice Minister Clayton Cosgrove says the National Party should come clean over any deals it has done with the Real Estate Institute (REINZ) to wind back the government’s new legislation to overhaul real estate law.

The Real Estate Agents Bill, which has now been reported back from Select Committee, proposes an end to the real estate industry’s self regulation and will instead set up a fully independent body to manage the sector and handle complaints and discipline. The Bill also ends compulsory membership of the Institute.

On June 3, Mr Cosgrove received a letter from a member of the Institute which indicates that deals have been done between some senior industry members and the National Party to wind back this consumer protection legislation. “The letter said the REINZ president Murray Cleland recently told members at a regional AGM that if the National Party won the election it is likely to change the legislation to suit the Institute,” he said.

Mr Cosgrove said this raises serious questions over what deals have been done. “The National Party has confirmed it has met with REINZ representatives so now it needs to come clean on when this happened, who was present and what promises were made. National should tell us if any election campaign funds have been solicited or received by the Party, its MPs and/or its candidates, and whether any contributions have been made by REINZ and/or its member companies,” he said.

Mr Cosgrove said the fact that the National Party cannot come up with any concrete reasons for opposing the Bill adds to the murkiness around its motives.

“National Party leader John Key has admitted that reform of the sector is needed but he opposes the Bill because he doesn’t like my “tough guy” approach. If protecting consumers from getting ripped off and supporting honest real estate agents is being tough, then I am guilty as charged. But that is no reason to oppose this Bill,” Mr Cosgrove said. “The only excuse his colleague Simon Power has come up with is that it doesn’t cover property managers, but Mr Power was on the Select Committee and knows that property managers were ruled outside the scope of the Bill and will be reviewed separately.”

Mr Cosgrove said National Party needs to tell the public if it is simply putting petty party politics ahead of consumer protection or if it has a hidden agenda.

“Either way, it seems the National Party is happy to put home buyers and sellers, plus good honest agents, out on a limb with less protection to keep the REINZ happy.”

"This is standard slippery National Party behaviour. Just like the deals National did with the Insurance Council over their plans to privatise ACC before the last election. They tried to brush it off then and it didn't work and it won’t work this time.”


ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell:
On The Last Rites For The TPP

The Trans Pacific Partnership trade deal is one of those litmus issues that has always had more to do with one’s place on the political spectrum than with any imminent reality.

To date, the Greens have opposed (a) a wide range of the leaked content of the TPP (b) the secretive way it has been negotiated and (c) the undemocratic way in which any final document would be ratified. Labour has shared some of those concerns, but while remaining generally supportive of the deal itself.

National has, for its part, been very enthusiastic about the TPP, while still giving assurances about Pharmac being protected... For the TPP’s friends and foes alike though, the end now seems nigh. More>>

 
 

Gordon Campbell: On The Farcical Elevation Of David Seymour

With the election won, it’s time to find jobs for the boy. David Seymour is the Act Party’s latest scrounger to be rewarded by the National Party, and not only with a seat in Parliament. More>>

ALSO:

As Key Mulls Joining ISIS Fighting: McCully Speech To UN Backs Security Council Bid

It is an honour to address you today on behalf of the Prime Minister and Government of New Zealand. Our General Election took place last week - our Prime Minister Rt Hon John Key is engaged in forming a government and that is why he is unable to be here in New York... More>>

ALSO:

Labour: Cunliffe Triggers Party Wide Leadership Contest

David Cunliffe has resigned as Labour Leader, but says he will seek re-election... If there is any contest the election will have to go through a process involving the party membership and union affiliates. More>>

ALSO:

Flyover Appeal: Progress And Certainty, Or Confusion And More Delays?

Lindsay Shelton: The Transport Agency, embarrassed by the rejection of its flyover alongside the Basin Reserve, says it’s appealing because the decision could “constrain progress.” Yet for most clear-sighted Wellingtonians a 300-metre-long concrete structure above Kent and Cambridge Terraces would in no way be seen as progress… More>>

ALSO:

Gordon Campbell: On Cunliffe’s Last Stand

Right now, embattled Labour leader David Cunliffe has three options. None of them are particularly attractive for him personally, or for the Labour Party... More>>

ALSO:

Key Seeking 'New Ideas': Look To Children’s Commissioner On Poverty - Greens

John Key should not reinvent the wheel when it comes to ideas for tackling child poverty, and instead look to the recommendations of the Children’s Commissioner’s Expert Group on Child Poverty, Green Party co-leader Metiria Turei says. More>>

ALSO:

'Safe To Re-Enter' - OIA Docs: Safety Is Absolute Priority At Pike River Mine

“We understand that the time it is taking to complete our evaluation of the risks is frustrating for the family members and we are trying to complete this work as quickly as we can,” Ms Dunphy says. “It is Solid Energy’s responsibility to make this decision and we will do so, once we have all the information required to make a fully-informed decision.” More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
More RSS  RSS
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news