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

 


Govt awaiting own review of Korda Mentha report

Hon Gerry Brownlee

Minister for Canterbury Earthquake Recovery

7 May 2014 Media Statement

Govt awaiting own review of Korda Mentha report

Canterbury Earthquake Recovery Minister Gerry Brownlee says the Crown has concerns about some of the assumptions made in the Korda Mentha report on the financial position of Christchurch City Council, released today, and the accuracy of some of the data incorporated in the report.

“For those reasons on April 30 the Canterbury Earthquake Recovery Authority (CERA) asked financial consultants Morrison Low to provide their independent assessment of how the council’s financial position, as presented in the Korda Mentha report, relates to the Crown’s role in the rebuild.

“Korda Mentha then only provided Morrison Low with access to the latest version of their report yesterday, 6 May.

“We expect to receive Morrison Low’s report in about 14 days and will be in a position to respond after that.

“Constructive discussions have taken place between CERA, Treasury and council officials on drafts of the Korda Mentha report in Wellington and Christchurch in recent weeks, and I had hoped the council and the government could have presented a joined up response to the final report.

“Releasing the report today raises many more questions than we are presently able to answer.

“It should not be forgotten that the cost sharing agreement was approved by both Christchurch City Council and Cabinet.

“As the government is not in a position to make a fully informed comment on the Korda Mentha report it is disappointing the council has chosen to release it,” Mr Brownlee says.


ENDS


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

CPAG: Government Spends Over $100K Pursuing Beneficiary

For the past fifteen years, Kathryn, now in her fifties and living alone with chronic ill health on a benefit, has been challenging the decision by the MSD that she has to pay back $117,000. She has no assets or savings and cannot afford to pay for fresh food or therapy that would improve her health. More>>

ALSO:

Labour: National’s Cuts Shave $100K Off KiwiSaver By Retirement

New analysis shows National’s constant cuts to KiwiSaver will reduce the average worker’s retirement savings by $100,000 over their working life, Leader of the Opposition Andrew Little says... Since coming to office it has made five separate cuts to the scheme." More>>

ALSO:

Auckland: Transport Operators Switch From SuperGold To AT HOP Cards

Seniors using Auckland’s public transport will need to use their AT HOP cards from today but Auckland Transport has requested its operators to show understanding for those customers yet to complete the switch from SuperGold cards. More>>

ALSO:

Crime Stats: Burglary Up 11.9%

“While burglary rates are still below that of recent years, there has been an increase of more than 10 per cent over the past 12 months, which is of concern to Police and something we are determined to tackle,” says Police Commissioner Mike Bush. More>>

ALSO:

Help: Lifeline Aotearoa Fighting For Survival

Lifeline Aotearoa has announced it only has enough money to run for one more year. By 30 June 2017, all available sustainability reserves and funds from a new mortgage on its Auckland property will be exhausted. More>>

ALSO:

Overseas Investment: Auditor-General To Examine OIO

The Auditor-General is to examine how the Overseas Investment Office collects and manages information following a request from the parliament's finance and expenditure committee. More>>

ALSO:

Gordon Campbell: On Bill English Living In Denial

The working poor have been a direct byproduct of the economic policies in vogue for the past 30 years or more, all over the Western world... That anger was evident in the Brexit vote, and it underlies the support for Donald Trump in the United States. More>>

ALSO:

Final Reading Of Parental Leave Bill: Families With New Babies Victims Of Veto

“For the first time ever, a Bill will have a third reading debate and no vote will be taken at the end because the National Government has used its veto – an extreme measure against families,” says the Bill’s sponsor, Labour MP Sue Moroney. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news