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

 

PARLIAMENT TODAY:

Flyover Over: NZTA Not Appealing Flyover Decision

The NZ Transport Agency has decided not to appeal the High Court’s Basin Bridge decision, and says the High Court’s findings provide valuable clarity to help guide the development of future infrastructure projects throughout the country. More>>

ALSO:

Developing Crown Land: Government, Auckland Iwi Reach Agreement

The government has reached agreement with Ngati Whatua and other Auckland iwi over developing 500 hectares of excess land in Auckland for private housing which had been under High Court challenge. More>>

ALSO:

Gordon Campbell: On Maurice Williamson

Maurice Williamson seems to have been granted an annual licence to embarrass the National Party, and its that time of year again. Also as per usual, Williamson’s recent exercise in sexism and homophobia has passed by with barely a murmur from his leader. More>>

ALSO:

Green Climate Plan: Shaw Launches 40% Emission Cut Target

Green Party co-leader James Shaw has announced an emissions target initiative for 40% reduction by 2030. He said agriculture has to long been used as a reason for inaction, a roadblock to action... He proposed a tax of 8 cents per kilo of milk. More>>

ALSO:


Images & Video: Four Alternative Flags For Referendum

Flag Consideration Panel chair, Professor John Burrows, said the Panel’s decision had been guided first and foremost by the results of its engagement programme across a range of communities where thousands of Kiwis shared what was special about New Zealand, as well as the Panel’s own selection criteria. More>>

ALSO:

Transport Report: LGNZ Calls For Proactive Approach To Mobilise Regions

LGNZ has today released Mobilising the Regions, its major transport study, which highlights the economic and social impact of strategic transport decisions nationally and in the regions, and the direct link between regional development, national prosperity, social well-being and cohesiveness. More>>

ALSO:

Transport: New Rules Bring Double-Deckers To Our Cities

New rules that allow buses, including double-deckers, to carry more people will ramp up the public transport offering in our cities, Transport Minister Simon Bridges and Associate Transport Minister Craig Foss say. More>>

ALSO:

Cycling:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news