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

'Tea Break Bill' Passes: Gordon Campbell On Bad Labour Laws And Poor Safety

By co-incidence, one of the prime dangers of the government’s new employment relations law has been underlined by the release of the death and injury statistics among workers at New Zealand ports. These are highly profitable enterprises for the port owners.

The Port of Tauranga for instance, is expecting its current full-year profit to be between $78 million and $83 million and other ports are enjoying similar boom times – but they are also highly dangerous places for the people who work on or around the port premises. At the Port of Tauranga, there have been 26 serious accidents since 2011, and two deaths. More>>

 

Parliament Today:

No Charges: Outcome Of Operation Clover Investigation

Police have completed a multi-agency investigation, Operation Clover, into the activities of a group calling themselves “The Roast Busters”. The 12 month enquiry focused on incidents involving allegations of sexual offending against a number of girls in the Waitemata Police district and wider Auckland area... More>>

ALSO:

UNICEF Report: NZ Cautioned On "Stagnating" Child Poverty

An international report by UNICEF has found that child poverty rates in New Zealand have barely changed since 2008, despite similar sized countries significantly reducing child poverty during the recent recession. More>>

ALSO:

Funding Report: Two Pathways For Transport In Auckland

Commissioned by Auckland Council, the group was asked to investigate two possible pathways for raising $300 million per year ($12 billion over 30 years) to pay for the improvements needed to help fix Auckland’s transport system. More>>

ALSO:

Pay Equity: Equal Pay Win In Court Of Appeal

CTU: The Court of Appeal has made a historic decision paving the way for a substantial equal pay claim for aged care workers. More>>

ALSO:

Gordon Campbell: On The TPP Finishing Line, And Amazon’s Woes

If the Trans Pacific Partnership trade deal wasn’t such a serious matter, this would be pretty funny… More>>

ALSO:

TV3 Video: Three Die On Roads Over Labour Weekend

The official holiday period ended at 6am Tuesday, with three deaths on the roads during the Labour Day weekend. More>>

Employment Relations Bill: Govt Strains To Get Tea Break Law Through

The Government has been left with egg on its face - failing to get its much-vaunted, but hugely unpopular, meal break law passed in the first week of its new term, Labour spokesperson on Labour Issues Andrew Little says. More>>

ALSO:

Guns: Police Association Call To Arm Police Full Time

"The new minister gave his view, that Police do not need to be armed, while standing on the forecourt of parliament. The dark irony was that the interview followed immediately after breaking news of a gunman running amok in the Canadian parliament in Ottawa..." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news