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

 

Parliament Today:

The Kids: OECD Report Shows Huge Impact Of Poverty On Education

A new report from the OECD has again highlighted the negative effects of poverty, showing that disadvantaged children in New Zealand are more than six times more likely to underachieve in maths than children from wealthier homes. More>>

ALSO:

Pacific: NZ Pledges $500,000 To Help Address Zika

“With the Zika virus now confirmed in a number of Pacific countries, New Zealand is committed to helping limit the impact and spread of the virus in the region,” says Mr McCully. “New Zealand will provide $250,000 as a contribution to the WHO to implement the Pacific Zika Action Plan, and a further $250,000 to enable countries in the region to respond rapidly if required." More>>

ALSO:

Labour: Police Commissioner 'Doesn’t Get Force Needs'

The Police Commissioner has let down the public and his own force by insisting the police have what they need despite it taking a year to solve a burglary and overwhelming number of officers saying they are under-resourced, says Labour’s Police spokesman Stuart Nash. More>>

ALSO:

Gordon Campbell: On The US Pressure To Expand Our Role In Iraq

Foreign news services are being more forthcoming about what the “next 12 months” will entail – essentially, the defence ministers will be under US pressure to increase their “training” role preparatory to an assault on the city of Mosul in northern Iraq. More>>

ALSO:

Parliament Restarts: Prime Minister’s Statement

Our policy agenda and legislative programme will reflect the Government’s four priorities: • to responsibly manage the Government’s finances • to build a more competitive and productive economy • to deliver better public services to New Zealanders, an • to support the rebuilding of Christchurch. More>>

ALSO:

NZEI Survey Report: Special Needs Students Missing Out

The survey revealed that around 16 percent of students were on schools’ special needs registers, but nearly 90 percent of schools’ special needs coordinators did not believe there was adequate support for students and their learning... More>>

ALSO:

Interim Report: Waitangi Tribunal On Ture Whenua Legislation

Labour on Proposed changes to Maori land rules: “To have Treaty Negotiations Minister Chris Finlayson dismiss findings as ‘bizarre’ is totally disingenuous and disrespectful. What’s bizarre is Maori Development Minister Te Ururoa Flavell stubbornly pushing through this Bill before the Waitangi Tribunal has even completed its report..." More>>

ALSO:

Spy Update: Appointment Of GCSB Acting Director

GCSB Chief Legal Advisor Lisa Fong will become the Acting Director of the Government Communications Security Bureau (GCSB) from 15 February 2016, Minister Responsible for the GCSB Christopher Finlayson announced today. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news