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

 


Joyce scaremongering on power prices

Grant Robertson
Deputy Leader

24 April 2013

Joyce scaremongering on power prices

Steven Joyce needs to stop scaremongering if he wants to be taken seriously on power prices, says Grant Robertson, Labour’s Deputy Leader.

“On TV3’s Firstline this morning, Steven Joyce was warning of economic doom and capital flight because of Labour’s plan to reduce the average power bill for households by up to $330 a year. Unfortunately for Mr Joyce, as at midday today the NZX had actually gone up by about 1.5 per cent since Labour announced its NZ Power policy.

“What is National’s problem with the idea of lower power bills for Kiwis?

“If Steven Joyce and John Key want to stand up for power companies that cream super profits and pay their CEOs million dollar salaries while prices rise ever higher, good luck to them.

“Labour won’t stand by while power generators lock in excessive prices on the back of ever higher valuations of old hydro stations, using the public’s free water resource.

“Residential users are now paying three times as much as industrial users. Previous reports by independent experts have found billions of dollars overcharging. Overcharging New Zealanders for power yesterday is not a justification for overcharging them today, tomorrow or next year.

“The electricity market is not working for New Zealanders.

“High power prices are hurting Kiwi families, businesses and the economy. Reducing the cost of power will have huge economic benefits, increase our competitiveness and give companies the confidence to invest.

“Labour makes no apology for stepping in to fix problems in the electricity sector. But this is not a signal that Labour is going to intervene elsewhere in the economy. As we said on the day we launched NZ Power, we have no plans to intervene in any other markets.

“National’s hysteria on this issue is nothing more than an attempt to scare New Zealanders and hide the fact that the Government has no idea how to bring down power bills,” says Grant Robertson.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Werewolf Issue #49: Gordon Campbell Interviews Laila Harre

For 25 years, Labour and National have been in virtual agreement about the basics of economic policy, and differed mainly on how to go about managing its social consequences.

Such is the power of the economic orthodoxy that when opposition parties arise – say, in the shape of the Greens – their “credibility” is measured by the extent to which they give the appearance of learning and abiding by the ruling consensus.

The tension between the desire for change – and the inability of the current political framework to deliver it – creates openings for populists of all stripes. It is what has made the emergence of Internet Mana so interesting. More>>

 

Parliament Today:

Gordon Campbell: On National’s Electorate Deals

For all the talk yesterday from Prime Minister John Key about National being transparent about its electorate deals in Epsom and Ohariu, that transparency is entirely front-loaded. More>>

ALSO:

Greens: Oil Drilling Face-Off With Labour

The key policy points in the Green Party’s plan to protect our beaches from oil spills are to:
1. Prohibit deep sea oil drilling; 2. Implement compulsory shipping lanes for coastal shipping; 3. Build Maritime New Zealand’s oil spill response capability; and 4. Introduce a stronger legal framework so that when accidents do happen, the New Zealand taxpayer does not have to pay for the clean-up. More>>

ALSO:


Nick Smith v Fish & Game:

Minister Told Of FBI Investigation, Says INZ: Coleman Must Quit Or Be Sacked Over Dotcom Case - Harré

Immigration New Zealand has done the right thing in distancing itself from Jonathan Coleman’s claims that ministers were not aware of FBI involvement in Kim Dotcom’s residency application, says the Internet Party. More>>

ALSO:

Valedictory Season: Maori Party Founders Say Goodbye

Two major Maori MPs gave there farewell speeches to Parliament Thursday outlining their history, experiences, triumphs and regrets. More>>

ALSO:

Resignation Not Accepted: Transport Minister Breaches Aviation Security Rules

"Running late for a plane at Christchurch Airport, I without thought breached airport and airline security rules by entering the gate lounge through a door usually used for exit only..." More>>

ALSO:

TAIC Report: Urgent Recommendations After Melling Rail Accident

The Transport Accident Investigation Commission has made four urgent recommendations to KiwiRail following the accident two months ago (27 May) when a Matangi passenger train collided with a stop block at Melling Station, Lower Hutt. More>>

ALSO:

Red Tape: Local Regulations Go Under Microscope

The Government says it is accepting nearly all of the recommendations the Productivity Commission has made on ways to improve local regulations. More>>

ALSO:

Spending Questions: Claudette Hauiti To Step Aside At Election

National Party President Peter Goodfellow confirms that he has received notification from List MP Claudette Hauiti that she plans to step aside at the 20 September election. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news