Parliament

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

RNZ Report: SkyCity Fire Still Burning

Flames and billows of black smoke are still coming out from the roof of the SkyCity International Convention centre in Auckland.

Firefighters say they're trying their best to get the fire under control after it broke out around 1pm yesterday. Twenty-six appliances are on the scene with laddered hoses trying to reach to the top.

But fears are no longer held that a large crane might topple over as the huge fire continues to burn. Photo: RNZ / Liu Chen More>>

.

 
 

Bullying Investigations: Police Commissioner Announces Independent Review

Police Commissioner Mike Bush has today announced an independent review of the systems and processes NZ Police has in place to address complaints of bullying. More>>

PM's Post-Cab: Now We Are Two

Questions covered Deputy Prime Minister Winston Peters' comments on the potential closure of Mediaworks' television channels, the Auckland light rail planning process, the select committee report on the Zero Carbon Bill and its methane target range... More>>

Court Issues New Guildines: Revamp Of Meth Sentencing Welcomed

The court accepted submissions by both the New Zealand Bar Association and the New Zealand Law Society that rather than solely focusing on the quantity of meth involved, there should be greater focus on the role of the offender. More>>

ALSO:

'Armed Response Teams': Armed Police "Will Cause American-Style Shootings"

The Police Commissioner's announcement that squadcars of officers with automatic rifles will patrol New Zealand's streets is dangerous and unnecessary, according to the criminal justice community organisation People Against Prisons Aotearoa. The ... More>>

ALSO:

Control Orders: Amnesty Says Don't Rush Terrorism Bill

"The problem is, we often see the word “terrorism” being applied broadly by oppressive regimes to detain innocent people who're simply rallying for a better life." More>>

ALSO:

Expert Reaction: $17 million To Fight Online Extremist Content

The Department of Internal Affairs will double its work investigating and preventing violent extremism online. Funding will also help bolster the Chief Censor's work to make fast decisions about harmful content. More>>

ALSO:

Could Do Better: Post-Sroubek Review Of Deportation Info

Ms Tremain acknowledges that the review highlighted some aspects of the process that can be improved and makes five main recommendations to strengthen the existing processes for preparing files for decision-makers. Those recommendations are: More>>

ALSO:

Gordon Campbell: On A New Book On The Leaky Homes Scandal

We all know that journalism is short of cash and under pressure from the speed, brevity and clickbait pressures of the 24/7 news cycle… but hey, given the right subject and a sufficiently stubborn journalist, it can still surpass most of the works of the academic historians... More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels