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.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

Flyover Over: NZTA Not Appealing Flyover Decision

The NZ Transport Agency has decided not to appeal the High Court’s Basin Bridge decision, and says the High Court’s findings provide valuable clarity to help guide the development of future infrastructure projects throughout the country. More>>

ALSO:

Developing Crown Land: Government, Auckland Iwi Reach Agreement

The government has reached agreement with Ngati Whatua and other Auckland iwi over developing 500 hectares of excess land in Auckland for private housing which had been under High Court challenge. More>>

ALSO:

Gordon Campbell: On Maurice Williamson

Maurice Williamson seems to have been granted an annual licence to embarrass the National Party, and its that time of year again. Also as per usual, Williamson’s recent exercise in sexism and homophobia has passed by with barely a murmur from his leader. More>>

ALSO:

Green Climate Plan: Shaw Launches 40% Emission Cut Target

Green Party co-leader James Shaw has announced an emissions target initiative for 40% reduction by 2030. He said agriculture has to long been used as a reason for inaction, a roadblock to action... He proposed a tax of 8 cents per kilo of milk. More>>

ALSO:


Images & Video: Four Alternative Flags For Referendum

Flag Consideration Panel chair, Professor John Burrows, said the Panel’s decision had been guided first and foremost by the results of its engagement programme across a range of communities where thousands of Kiwis shared what was special about New Zealand, as well as the Panel’s own selection criteria. More>>

ALSO:

Transport Report: LGNZ Calls For Proactive Approach To Mobilise Regions

LGNZ has today released Mobilising the Regions, its major transport study, which highlights the economic and social impact of strategic transport decisions nationally and in the regions, and the direct link between regional development, national prosperity, social well-being and cohesiveness. More>>

ALSO:

Transport: New Rules Bring Double-Deckers To Our Cities

New rules that allow buses, including double-deckers, to carry more people will ramp up the public transport offering in our cities, Transport Minister Simon Bridges and Associate Transport Minister Craig Foss say. More>>

ALSO:

Cycling:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news