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

 


Landcorp Should Be Included In Govt Asset Sales Program

Robin Grieve
Associate Primary Industries Spokesman

April 2 2013

Landcorp Should Be Included In Govt Asset Sales Program

ACT New Zealand Associate Primary Industry Spokesman Robin Grieve today called on the Government to include state farming company Landcorp in its assets sales program amid concerns the State Owned Enterprise received special treatment by the Government in the Crafar farms sale.

“ACT believes the Government should not be involved in the business of farm ownership and that 100 per cent of Landcorp should be sold,” Mr Grieve said.

“Not only is farm ownership well outside the Government’s core functions, there is also a real concern that the Government used its power and position in the overseas investment approval process to gain a competitive advantage for Landcorp.

“The Crafar Farms sales agreement, formulated by the Overseas Investment Office (OIO) and endorsed by National, stipulated that Landcorp must run the farms. This has meant that no other farm management company or individual can compete with Landcorp for profit sharing opportunities on Milk New Zealand Holding’s properties.

“This is an abuse of power leading to legislated protectionism. It’s is anti-competitive and anti-business.

“The OIO claimed this was beneficial to New Zealand because it benefits Landcorp. But it didn’t consider the negative impact this decision would have on the private businesses which compete with Landcorp for staff, for business inputs or produce sales.

“To satisfy the expertise requirement in the OIA (Overseas Investment Act), the Government and the OIO could have required an approved farming company or individual to operate the farms. There was no need for that condition to stipulate Landcorp.

The Government skewed the playing field in favour of its own company and there seems no legitimate reason to make this a condition of the sale to satisfy the OIO test. SOEs should operate without the need for special deals enforced by Government.

Crown ownership of commercial enterprises always creates a conflict with the government’s responsibility to regulate industry a non-partisan manner. This case illustrates that general point. Landcorp should be sold,” Mr Grieve said.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Water, Pests, Erosion...: Commissioner Releases Mixed Report Card On Environment

The Parliamentary Commissioner for the Environment has released a mixed report card in her assessment of the state of New Zealand’s environment. “We are lucky to live in an exceptionally beautiful country, but we have some big issues to face up to” said Dr Jan Wright. More>>

ALSO:

Education: Private Schools Beneficiaries Of Extra Cash

“Not only did this year’s Budget freeze operational funding for state schools, but 86 per cent of secondary school principals say they don’t get enough funding, and the demand for school donations from parents is rising at 10 times the rate of inflation... Now we’ve got Hekia Parata proposing more cash for private schools." More>>

ALSO:

Shop Hours Bill Second Reading: Government Blocks Easter Trading Petition

The union representing retail workers is warning that the Government is out of touch with working people after passing the second reading of the Shop Trading Hours Amendment Bill, a law handing local authorities the power to permit trading on Easter Sunday. More>>

ALSO:

Gordon Campbell: On The Shewan Inquiry Into Our Tax Haven Rules

Like the political equivalent of lithium, Prime Minister John Key is routinely administered to dull any politically dangerous mood swings amidst the general public... More>>

ALSO:

Law Commission: Review Of Search And Surveillance Act Begins

“For example, the Act was drafted before cloud-based storage of data was commonplace. In the light of these and other developments, the Commission will be examining whether the investigative powers in the Act are sufficient for law enforcement purposes. We will also consider whether the safeguards that surround those processes are adequate.” More>>

ALSO:

Houses, Campers And Cops: LGNZ Media Briefing

At their quarterly media briefing today Local Government New Zealand addressed areas where local authorities are feeling pressure and outlined their approach for the upcoming local body elections in September-October. More>>

ALSO:

17 Year Sentences In Baby Moko Case: Attorney General On Plea Bargain

“The Crown’s decisions in this case, including the decision to accept the manslaughter pleas, were motivated by the need to secure convictions for this horrendous killing and to avoid the significant risk that either of the defendants could escape such a conviction because of evidential issues.” More>>

ALSO:

As Govt Cuts Lobby Anti-Smoking Group Funds: On The Nation - Plain Packaging Debate

Imperial Tobacco leaves open possibility of law suit against New Zealand government if plain packaging is introduced, as planned. Says it’s a “last resort” but “of course we will defend the right to use our brands”. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news