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

 


Greens launch Keep it Kiwi campaign with lamington

Thursday, 30 September 2010, 5:37 pm
Press Release: Green Party

Greens launch Keep it Kiwi campaign with lamingtons

Green Party Co-leader Russel Norman today launched the Keep it Kiwi campaign, handing out lamingtons in front of a Kiwibank branch in Wellington to celebrate New Zealand ownership at a time when John Key's Government plans to make asset sales an election issue in 2011.

“State owned assets such as Kiwibank are our success stories and they are strategic parts of our economy,” said Dr Norman.

“The Green Party opposes any form of privatisation.

“We’re starting a petition to send John Key’s Government a clear message to keep it Kiwi, and not consider starting a fire sale of our state assets after the next election.

“Privatisation of state assets inevitably leads to foreign ownership. This means less accountability and more profits going offshore. And, once they are sold, they are damn hard to get back.”

Last year, Crown Entities and SOEs were valued at $132 billion and employed 257,000 people. They paid dividends to the Government of $382 million in 2009, down from a pre-recession high in 2006 of $1.2 billion.

“Figures out today show that New Zealand still has a chronic current account deficit. It has improved in the short term because the flow of profits from foreign-owned companies to their offshore owners has dropped off as their profits have reduced. As soon as growth picks up again, the Reserve Bank is forecasting the current account deficit to quickly widen to unsustainable levels as the profit flow overseas resumes,” said Dr Norman.

“We can not let foreign companies take increasing ownership of our productive assets and control the dividend streams that result from them. Further privatisation of our state assets, many of them natural monopolies, will simply exacerbate this trend.

“We are losing our economic sovereignty one asset sale at a time. We can turn this trend around, however, by retaining ownership of our most strategic assets.

“We have to keep it Kiwi,” Dr Norman said.


Link to the Keep it Kiwi website:
http://www.greens.org.nz/foreignownership

ENDS


 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

NEW ZEALAND POLITICS > >


 

Labour refers Liu case to Auditor-General

Labour Leader David Shearer has sent a letter to the Auditor-General asking her to investigate the decision-making process around the case involving Chinese businessman Bill Liu. More>>

Also:


Waikato-Tainui Celebrates End of Lock-Out

Tom Roa, Chair of Te Arataura, Waikato Tainui’s executive has welcomed news that the ten week lock-out of Horotiu workers is drawing to a dramatic close.
“We are all extremely pleased to see this day finally arrive,” said Tom Roa. More>>

Also:

Meridian dumps West Coast hydro plan

(Image: blog.greens.org.nz by Q)

May 22 (BusinessDesk) - Opposition to Meridian Energy's plans for a 100 Megawatt hydro-electric scheme on the undammed Mokihinui River on the South Island's West Coast has forced its abandonment, the state-owned power company has announced. More >>

Fisheries: Slave Labour And Foreign Vessels
The Government has announced it is to require reflagging of foreign-owned fishing vessels operating in New Zealand waters to address labour, safety and fisheries practice concerns. More >>

Also


Budget 2012: Crime And Punishment
Budget 2012 will contribute to a 25 per cent reduction in reoffending by 2017, and 18,500 fewer victims of crime every year from 2017, Corrections Minister Anne Tolley and Associate Corrections Minister Dr Pita Sharples say. More >>

Also:


Elections: Time Running Out to Take Part in Electoral Commission’s MMP Review

Time is running out to have your say on improvements you’d like to see made to our MMP voting system. With only two weeks to go until the first consultation period of the MMP Review closes, the Electoral Commission has received more than 3700 submissions ... More >>


Christchurch: More Green Zoning And More Red Zoning

Canterbury Earthquake Recovery Minister Gerry Brownlee has announced the final decision in almost 11 months of flat land residential zoning in Canterbury…

“It brings the number of residential properties zoned red because they are unsuitable for residential occupation to 7256.” More >>

Gerry Brownlee also announced the green zoning of 421 residential properties in the Port Hills, leaving 1679 houses still under review. More>>

ALSO:


Budget 2012: Squeezing Every Drop Out Of A Zero Budget
The Government is trying to squeeze every drop of publicity out of its ``Zero Budget’’ ahead of its delivery next Thursday.More >>

Gordon Campbell On the Politics of Austerity: Later this month, New Zealand will be subjected to its second austerity Budget in a row. Zero budgeting is being presented as the only path of virtue. This is despite the fact that - elsewhere in the real world - it has been a very bad week indeed for the politics of austerity.More >>
Also

  • Business.Desk - Smokes, booze and property tax breaks prime targets for Budget
  • Labour - User Pays Plan Confirms Failure
  • Labour - Cuts to classes result of government failure
  • ACT - Performance Based Pay for Teachers Long Overdue

  • Budget 2012: Recovery of Canterbury on Track
  • Budget 2012 - Prescription Charges Help Fund Health
  • Budget 2012: Education – Larger Classes For More Money
  • Budget 2012: $144m more for disability support

    • Housing: Social Housing Money Handed Out
    People in need will get the most benefit from Government funding for new housing projects, to be developed by non-government providers. Housing Minister Phil Heatley has announced the successful applicants to the $25.3 million Social Housing Unit ... More >>

    ALSO:

    Iti Jailed In Operation 8 Case
    October 15th Solidarity Group on Sentencing -The sentences of 2.5 years for Taame Iti and Rangi Kemara are manifestly unjust. This is an outrage. The sentences of Urs Signer and Emily Bailey are equally absurd. The judge sought to retry the entire case at sentencing today and himself decided their fate. It is an outrage.More>>

    Also:

    Earlier Trial Coverage:


    Parliament Today: Urgency Follows Budget
    The House moved into Urgency this afternoon after leaders gave their speeches in reply to the Budget Speech.More...

    Also:


    Budget 2012: Prescription Charges Help Fund Health
    Health Minister Tony Ryall has announced the Government will increase the $3 prescription charge to $5 per item up to a maximum of 20 items from 1 January 2013. The savings will be reinvested in the health sector. More >>
    Also:

    Court of Appeal: Govt Should Pay Family Caregivers
    The victory in the Court of Appeal for families caring for disabled family members should be taken notice of by the Government says Green MP Catherine DelahuntyMore >>

    ALSO:

    LATEST HEADLINES

    More RSS  RSS
     
    More RSS  RSS News AlertsNews Alerts
     
     
     
    Parliament
    Search Scoop  
     
     
    powered by newsagent
    NZ independent news