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 Bank Scandals (And Air Crashes)

Last month, the Australian Securities and Investment Commission (ASIC) filed proceedings against Westpac over activities that have some distinct echoes of the Libor scandal. More>>

Budget: Health Funding Must Keep Up With Need

NZNO: “The nursing team has been doing more with less for years. It’s getting to the point that we’re really worried about our colleagues, our patients, our jobs and the level of health care available for people in our country." More>>

ALSO:

Emissions Inventory: Time For The Government To Do The Right Thing

It’s time for the National Government to step up and do the right thing to reduce climate pollution as data shows New Zealand’s greenhouse gas emissions are higher than ever, the Green Party said today. More>>

ALSO:

Budget 2016: More Partnership Schools To Open

Seven new schools will join the eight Partnership Schools already open, along with further new schools opening in 2017. “The growth of this policy is a reflection of the high level of interest from educators and community leaders,” Mr Seymour says. More>>

ALSO:

No Correspondence With English: Did Brownlee Make Up Sale Of Navy Ships ‘On The Hoof?’

Having revealed that several Royal New Zealand Navy vessels have not left port in years, New Zealand First is now asking the Minister of Defence to prove he did not come up with the idea of selling HMNZS Taupo and Pukaki until the media asked him. More>>

Housing Plans: Labour- Abolish Auckland Urban Boundary
The Government should rule out any possibility of an urban growth boundary in Auckland Council’s Unitary Plan if it is serious about fixing the housing crisis. More>>
Greens - State House Solution
The Homes Not Cars policy allows Housing New Zealand to retain its dividend and, in addition, would refund its tax, to spend on the emergency building of around 450 new state houses. More>>

ALSO:

Houses And Taxes: Post-Cabinet, Pre-Budget Press Conference

The Prime Minister said that the pre-budget announcements showed that his Government is “investing in a growing economy”. He re-affirmed the National Government’s commitment to lowering personal tax rates but that any such change must fit with the fiscal reality of the time. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news