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

 


New Regional Fund Needed to Revitalise NZ

Rt Hon Winston Peters
New Zealand First Leader
4 February 2013

New Regional Fund Needed to Revitalise New Zealand

New Zealand First is today releasing details of its Royalties for Regions (RFR) scheme which will make life easier and fairer for many New Zealanders.

The new RFR policy would see 25 per cent of royalties collected by the Government from enterprises such as mining, extraction and petroleum stay in the region where the respective enterprise is located.

The revenue would be held in a special purpose investment fund administered by the relevant regional council, and used for a wide range of regional community projects and initiatives.

These could include fixing roads, building new health centres, creating new play areas for children, or improving water treatment plants.

Rt Hon Winston Peters says the royalties in the RFR scheme need to be increased and distributed more fairly.

“But even as it stands, the Government collected $383 million in royalties in 2011. Under our scheme, $96 million would have remained in the regions.

“It could have been used to help regenerate regional New Zealand by expanding job opportunities and building a sound economic base.”

Mr Peters says the new policy makes sense given that the Government wants to encourage greater exploitation of New Zealand’s natural resources.

“Ensuring regions get their fair share of the wealth they generate is a key New Zealand First policy.

“It differs markedly with National and its coalition partners who have sadly neglected regional New Zealand to the point where it is dying in an economic sense,” says Mr Peters.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Hager Revelations: Inquiry Into NZSIS Release Of Goff Docs

The Inspector-General of Intelligence and Security (IGIS), Cheryl Gwyn, announced today that she would be instituting an inquiry concerning allegations that the New Zealand Security Intelligence Service (NZSIS) might have released official information to Mr Cameron Slater, regarding briefings provided to the then Leader of the Opposition, for political purposes...

“I am satisfied there is a sufficient public interest justifying the commencement of an own-motion inquiry into the substance of the issues raised with my Office,” said Ms Gwyn. More>>

Goff: Director’s Letter Contradicts Key’s Claims

At yesterday’s media standup, when asked on the topic John Key said ‘I wasn’t told’...
“In a letter dated November 2011 former SIS director Warren Tucker states three times that ‘in accordance with the usual practice of keeping the minister informed’ the Prime Minister had been told. More>>

  • Image Link - Key maintains he wasn't told about OIA (Now with further evidence) - Newstalk ZB

  •  

    Parliament Today:

    Electionresults.co.nz: National and NZ First Rise in Roy Morgan Poll

    National has bounced back in the latest Roy Morgan Poll but the big winner has been New Zealand First who rise to their highest level of support since September 2013. More>>

    ALSO:

    Fish Pun Warning: By Hoki! It’s Labour’s Fisheries Policy

    A Labour Government will protect the iconic Kiwi tradition of fishing by improving access to the coast, protecting the rights of recreational fishers and reviewing snapper restrictions, Labour’s Fisheries spokesperson Damien O’Connor says. More>>

    ALSO:

    It's Official: Governor General Gives Direction To Conduct Election

    The Governor General has signed the writ directing the Electoral Commission to conduct the General Election on 20 September 2014. This is the formal authority to run the 2014 election, and enables candidate nominations to open tomorrow Thursday 21 August 2014. More>>

    Gordon Campbell: No More Mr Nice Guy

    When future historians seek to identify the exact moment when the prime ministerial career of John Key hit the downward slope, they may well point to Key’s interview yesterday with Guyon Espiner on RNZ’s Morning Report. More>>

    ALSO:

    Dirty (Politics) Weekend: Collins’ Admission Reason For Key To Act

    "Despite claiming that the evidence about her in Nicky Hager's book was ‘false’ Judith Collins has now been forced to admit that she did send information about a Ministerial Services staff member to Cameron Slater for him to use in a baseless smear campaign. More>>

    ALSO:

    Potential Disasters: Underground Coal Fire On Denniston Plateau

    Forest & Bird says one or more coal fires have broken out beneath the Denniston Plateau, and that the Department of Conservation (DOC) must stop Bathurst Resources’ preparatory mining work going on there until the fire or fires are extinguished. More>>

    ALSO:

    Bikes: Nats Plan $100 Million For Urban Cycleways

    Prime Minister John Key has today announced $100 million in new funding will be made available over the next four years to accelerate cycleways in urban centres. More>>

    ALSO:

    New Tax Bracket, Child Poverty Fund: Greens Launch Billion Dollar Plan To Reduce Child Poverty

    The Green Party has launched a billion dollar package to significantly reduce child poverty in New Zealand. The details of the plan were released at the party’s campaign launch in Auckland. More>>

    ALSO:

    Get More From Scoop

     

    LATEST HEADLINES

     
     
     
     
     
     
     
     
    Parliament
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news