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


Law change needed on airport pricing

Phil Twyford
Transport Spokesperson

Clayton Cosgrove
Commerce Spokesperson

8 February 2013

Law change needed on airport pricing

Labour says the Government should change the law in response to a damning report by the Commerce Commission into monopoly pricing by Wellington Airport.

Transport spokesperson Phil Twyford says the report pings Wellington Airport for taking excessive profits.

“The Commerce Commission says Wellington Airport has been pumping up its land valuation to justify setting a higher rate of return.

“The report documents excessive profit taking which is a direct cost to the travelling public. This sort of practice is not on.

“Airports are a critical part of the country’s transport infrastructure. They need to be managed as efficiently as possible with long-run investment, but the Commerce Commission shows Wellington Airport has been going to the well a little too often.”

Labour’s Commerce spokesperson Clayton Cosgrove said the Commission could similarly look at how Auckland and Christchurch airports were run and it was time the Government looked at changing the law so airport price-setting was more accountable and equitable.

“The current hands-off regime clearly has not worked. It would make sense to amend the Commerce Act to subject airport pricing to a negotiate-arbitrate mechanism that would take away airports’ power to impose prices at will, and require them to negotiate with customers like Air New Zealand with either party having the option to call in an independent arbitrator.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Police Authority: Use Of Taser Was Disproportionate And Unjustified

The Independent Police Conduct Authority has found that an officer’s second use of a Taser on a mentally unwell Hokitika man was disproportionate and unjustified. More>>


Gordon Campbell: On Holidays, Hekia Parata And Badlands

Hekia Parata, adieu. Reportedly, she’s been ‘passionate’ about education. She has “bravely’ led the charge on the government’s education reforms. In the past week , many of the postscripts to Hekia Parata’s career as Education Minister have sounded like a schoolteacher desperately trying to find some reason why a D student can be marked up to C minus. More>>


Minister of Finance: Plan Shows $100 Billion Infrastructure Projects

Finance Minister Bill English has today launched the Government’s Ten Year Capital Intentions Plan (CIP) which shows a pipeline of $100.9 billion worth of infrastructure projects over the next decade. More>>


Werewolf: Safe Landings Gordon Campbell on the safety challenge to the Wellington runway extension.

The safety-related legal challenge revolves around the size of the 90 metre long Runway End Safety Area (RESA) being proposed for the runway extension. More>>


Environment Commissioner: We Need To Work Together On Climate Change And Farming

“The debate around agricultural emissions and the ETS has been polarised for too long,” said the Commissioner. “But the ETS is not the only way forward – there are other things that can be done.” More>>


NZ Super Fund: Seeking To Put A Market Price On Climate Change

Oct. 19 (BusinessDesk) - The New Zealand Superannuation Fund says it will devise a set of rules to assess investment winners and losers under climate change, a strategy that could rule out fossil fuels or producers such as current portfolio member Exxon ... More>>


Rejuvenation: Parata Will Not Contest 2017 Election

Education Minister and National List MP Hekia Parata has today announced that she will not be contesting the next election. She advised the Prime Minister of her decision earlier this year. More>>

Prisons Grow: Government Approves Plans For Increased Prison Capacity

Despite significant progress in reducing crime the number of prisoners has increased faster than projected. This is because the proportion of offenders charged with serious crimes has risen, meaning more people are being remanded in custody and serving more of their sentences in prison. More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news