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

 


Ironsands mining plan smells of a rort

Ironsands mining plan smells of a rort

Independent MP Brendan Horan welcomes the start of hearings where thousands of ordinary Kiwis get to voice their opposition to strip-mining the seabed for ironsand.

“Trans Tasman Resources is 98% foreign-owned and is seeking to mine iron sands from the ocean off Taranaki. At the Environmental Protection Agency hearing opening this morning, just 11 submitters are in favour out of 4,708 submissions in total

“Last week I asked Steven Joyce in Parliament how he could justify allowing a 98% foreign owned company to plunder minerals for a paltry $5 million a year in net royalties. In reality he had, he has, no justification at all

“The project does not make environmental or economic sense. The Government says there may be jobs but Labour Minister Simon Bridges refuses to have any requirement for local labour content, so any job from the project, if it is approved, could go to overseas workers..

“Trans Tasman Resources are going to be taking minerals straight from the seabed. These have accumulated over millions of years. The minerals will be shipped direct to foreign countries without touching New Zealand soil. This will provide little if any benefit for our country. The idea is abhorrent to most New Zealanders.

“Trans Tasman’s business case is great for them, and a disaster for New Zealand. Their own studies show that based on a small 2% royalty rate they estimate paying the Government around $10 million per year (US$8 million.) Yet Steven Joyce in January gave the company a solid gold handout, a ‘research and development’ grant of up to $5 million per year. That is going to cut in half the effective royalties payable.

“And the impact on the environment on the ocean, on the seabed, and on the fisheries will be significant. It is not theoretical, and is demonstrated by the documents on the EPA’s website.

“This proposal has so little benefit for New Zealand that it smells of an old-fashioned rort. I look forward to what is uncovered in the hearings process,” said Brendan Horan.
Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Scoop's Pledgeme Campaign To Become A Not-For-Profit Finishes Sunday 29th - Please Pledge Now
AMA: Scoop's 'Invisible Paywall'


Inspector-General of Intelligence and Security: Inquiry Into GCSB Pacific Allegations

The complaints follow recent public allegations about GCSB activities. The complaints, and these public allegations, raise wider questions regarding the collection, retention and sharing of communications data.

“I will be addressing the specific complaints that I have received, in accordance with the Inspector-General of Intelligence and Security Act 1996. But there is also a clear need to provide as much factual information to the complainants, and to the wider public, as is possible.”

“For that reason, I have decided not only to investigate the complaints but also to bring forward and expand the relevant parts of my ongoing programme of review and audit of GCSB procedures and compliance systems...” More>>

 

PARLIAMENT TODAY:

TPPA Investment Leak: "NZ Surrender To US" On Corporates Suing Governments

Professor Jane Kelsey: ‘As anticipated, the deal gives foreign investors from the TPPA countries special rights, and the power to sue the government in private offshore tribunals for massive damages if new laws, or even court decisions, significantly affected their bottom line’. More>>

ALSO:

Enrol By Friday: Time’s Almost Up Before Northland By-Election

If you want to vote in the Northland by-election and you’re not enrolled, time is running out. That’s the message from Northland Registrar of Electors Deborah Darton, with just a few days to go until the by-election this Saturday, 28 March. More>>

ALSO:

Werewolf: The Myth Of Steven Joyce

Gordon Campbell: The myth of competence that’s been woven around Steven Joyce – the Key government’s “Minister of Everything” and “Mr Fixit” – has been disseminated from high-rises to hamlets, across the country... More>>

ALSO:

RMTU: No Public Submissions On International Government Procurement Deal

“The government is preparing to assent to the Government Procurement Agreement, a World Trade Organisation Treaty which opens up New Zealand Government contracts to foreign companies and closes the door on local businesses and their workers. However the Foreign Affairs, Defence and Trade Select Committee is refusing to take public submissions on the decision.” More>>

ALSO:

Gordon Campbell:
On Pacific Spying

So New Zealand spied on its friends and allies in the Pacific – and has not only been passing on the results to the NSA, but has apparently passed on the details of the Pacific’s relations with Taiwan to our other best friends, the Chinese. On the side, the Key government has also been using the security services to gauge the chances of Trade Minister Tim Groser landing the top job at the WTO... More>>

ALSO:

State Housing Transfer: Salvation Army Opts Out

The Salvation Army has decided against negotiating with Government for the transfer of Housing New Zealand stock.
More>>

ALSO:

IPCA Releases Findings: “Roastbusters” Report Sets Out Litany Of Mistakes

Labour’s Jacinda Ardern: “Perhaps the most damning finding by the IPCA is that Child Protection Team staff did not ‘properly evaluate all available offences when determining the outcome of their respective investigations’". More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news