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

 


National show contempt for public with assets sales push

4 March 2013

National show contempt for public with assets sales push

National’s plan to sell Mighty River Power before Kiwis can have their say in the asset sales referendum displays a contempt for the New Zealand public, Green Party Co-leader Dr Russel Norman said today.

Prime Minister John Key today unveiled the Government's plans for the sale of Mighty River Power.

“The decision to push ahead with its asset sales agenda is part of an ideologically-driven agenda to sell our assets no matter what,” said Dr Norman.

“John Key is ignoring the wishes of those New Zealanders who overwhelmingly oppose asset sales – 400,000 of whom have taken the time to sign the Keep Our Assets petition.

“The Prime Minister is always willing to listen to the concerns of SkyCity Casino but seems unwilling to listen to millions of New Zealanders.

“Only 5% of Kiwis are expected to buy shares, with the vast majority of New Zealanders gaining nothing from the sale except the likelihood of higher power prices in the future.

“Listing on the Australian stock exchange shows the talk of ‘mum and dad’ Kiwi investors is also rubbish.

“There’s nothing in John Key’s asset sales plan that would stop shares from going offshore.

“In fact, Treasury advised the Government to facilitate foreign buyers to create ‘pricing tension’ – that is, force up the price for New Zealand investors.

“The bonus share ‘give away’ to those Kiwis able to afford buying shares could end up costing all taxpayers untold millions.

“This asset sales program is about a transfer of wealth from the public of New Zealand to private interests.

“The Government should wait for the wait for the referendum on asset sales and listen to the results,” Dr Norman said.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news