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

 


Assets mustn’t be sold before referendum

27 February 2013

Assets mustn’t be sold before referendum

The Supreme Court’s decision that asset sales wouldn’t materially impair water claims under the Treaty of Waitangi doesn’t change the facts that asset sales are economically reckless and are opposed by the vast majority of New Zealand, Green Party Co-leader Dr Russel Norman said today.

“Even if it has the legal power to sell our assets, National has no moral right to do so before Kiwis have their say in a referendum,” said Dr Norman.

“Over 390,000 New Zealanders have now signed the Keep Our Assets petition to force a referendum on asset sales. In two weeks, the coalition will present the petition to Parliament.

“No asset sales should go ahead before the referendum takes place; Kiwis want to have their say on privatisation, and the Government must listen.

“The New Zealand public doesn’t want National to sell our assets, and the economic case for asset sales keeps crumbling by the day.

“Already, the Government has wasted $26 million on the sales process, and is expecting to spending hundreds of millions more. If the sales happen, the loss of dividends will carve a $100 million a year hole in the Government books, which will have to be filled by cutting spending, more borrowing, or tax hikes. All so that our profitable, strategic assets can pay dividends to foreign buyers.

“With Solid Energy in a tail-spin, National can’t even tell us how much they expect to earn from asset sales, yet they seem determined to push ahead.

“New Zealanders don’t want our assets sold. We want our profitable, strategic assets to remain in public hands. We want the National Government to stop wasting time and money on privatisation, and instead focus on real issues like the jobs and housing crises confronting our families,” said Dr Norman.


ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell:
On Anne Tolley’s
Callous Folly

Years ago, I remember someone in the Heath Ministry telling me off the record that regulatory oversight in this country largely consisted in ‘waiting for something to turn green or fall off somebody’ before the authorities would swing into action...

Last week’s conflict between Social Development Minister Anne Tolley and District Court judge Carolyn Henwood illustrated quite a few of the flaws in the system. More>>

 

Members’ Bills: Greens' Domestic Violence And Loans Bills Pulled From Ballot

Jan Logie’s Domestic Violence-Victims' Protection Bill introduces workplace protections for victims of domestic violence, including allowing victims to request paid domestic violence leave for up to 10 days... Gareth Hughes’ Bill allows Kiwis with student loans to defer their student loan repayments into a first home savings scheme. More>>

ALSO:

IPCA: Police Did Not 'Deliberately' Use Pepper Spray On 10-Year-Old

"When spraying the man, the officer did not properly consider the necessity of using pepper spray in a confined space, the likelihood that it would affect the other innocent passengers or the fact that he was using a more powerful spray." More>>

ALSO:

Donor Bill Passes: Full Income Compensation For Live Organ Donors

Unanimous cross-party support for the Compensation for Live Organ Donors Bill represents a critical step in reducing the burgeoning waiting list for kidney donations, according to Kidney Health New Zealand chief executive Max Reid. More>>

ALSO:

Earthquake Response: Emergency Legislation Prepared

Three new Bills have been drafted in the wake of the magnitude 7.8 earthquake on November 14 to ensure the government can enable affected communities to respond quickly and efficiently. More>>

ALSO:

Housing MPs: New Building(s) For Parliament

A new building will be erected on Parliament grounds to house Members of Parliament and their staff who currently work in leased accommodation in Bowen House. The plan has cross-Party support, apart from NZ First, said Parliament’s Speaker, Rt Hon David Carter. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news