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

 


Govt hiding SkyCity deal’s negative economic aspects

11 July 2013

Govt hiding SkyCity deal’s negative economic aspects

The Government has completely failed to alert the public to the negative economic impacts of their dirty deal with SkyCity, Green Party Co-leader Metiria Turei said today.

Economic Minister Steven Joyce today admitted in the House after questioning from the Green Party that he had sought no specific advice around the economic harm likely to result from the increase in gambling resulting from the SkyCity deal.

“MPs today voting on the SkyCity deal need to realise that the Government has not given them the full picture regarding the negative economic aspects of this deal,” Mrs Turei said.

“Along with the increased gambling opportunities in the deal between SkyCity and the Government will come increased social costs that will have a negative economic impact on the Auckland region.

“Research from Australia and New Zealand has shown that businesses will fail due to fraud being committed to pay for problem gambling.”

The KPMG fraud surveys from recent years show that gambling remains a major motivator of fraud, with high individual losses per incident.

“The Government’s KordaMentha report into the economic benefits of the SkyCity deal completely failed to take into account any of the many downsides of this deal,” said Mrs Turei.

“It is disingenuous of the Government to tout this deal as having only positive economic spin-offs when it has failed to give the public, or MPs, the full details of the negative economic effects of problem gambling,” Mrs Turei said.

In 2008 the Australian BDO Kendalls Not-for-profit Fraud Survey found that 53 percent of all the money stolen from charities was stolen to fund gambling activity—some $180,000 per person,

“Those voting for the SkyCity deal are voting to increase the misery that comes from problem gambling as well as increased corruption and fraud that will see businesses fail and jobs lost,” said Mrs Turei.

"This is the time for MPs who have concerns about the dangers of gambling, to make a stand for what is right.”

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

Royals: The Prince Of Wales And Duchess Of Cornwall To Visit

Prime Minister John Key welcomes today’s announcement that the Prince of Wales and The Duchess of Cornwall will visit New Zealand in November. This will be the second joint visit for Their Royal Highnesses to New Zealand. More>>

ALSO:

Tracey Martin Replaced: Ron Mark Is New New Zealand First Deputy Leader

Clayton Mitchell was the successful candidate for the Associate Whip position. Winston Peters was re-elected as Leader by the Caucus. Ron Mark was elected as the Deputy Leader with effect from 10am, Friday, 3rd July. More>>

ALSO:

Rebuild Rebrand: "Regenerate Christchurch" To Replace CERA

The regeneration of Christchurch will be the city’s focus for the next five years as local leadership progressively takes control of the rebuild, Canterbury Earthquake Recovery Minister Gerry Brownlee says. More>>

ALSO:

Nauru: Scholars Urge Minister To Act On Deteriorating Democracy

“Since the 2013 election in Nauru, there has been a series of disturbing developments on the islands that indicate a severe deterioration in the state of its parliamentary democracy and in the rule of law,” say the scholars. More>>

ALSO:

Foreign Affairs: NZ Begins Presidency Of UN Security Council

Prime Minister John Key has welcomed the start of New Zealand’s month-long Presidency of the United Nations Security Council in New York. More>>

ALSO:

Labour: Cash For Charter Schools, Mould For State Schools

“Recently released financial statements show the Whangarei charter school He Puna Marama received $3.9 million in government funding to the end of last year. Yet their audited accounts show they only spent $1.4 million on education, leaving almost $2.5 million over two years unaccounted for." More>>

ALSO:

Kiwirail Plans Shift From Electric: National Urged Not To Take Backwards Step

The National Government shouldn’t drag New Zealand backwards by replacing its climate friendly electric trains with carbon-polluting diesel trains, the Green Party said today. More>>

ALSO:

Capital Connection:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news