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

 


Now almost 900 job losses from Solid debacle

Clayton
COSGROVE

SOEs Spokesperson

6 June 2014 MEDIA STATEMENT
Now almost 900 job losses from Solid debacle

With 137 jobs set to go at Stockton mine, the total number of job losses from the Government’s disastrous management of Solid Energy is close to 900, says Labour’s SOEs spokesperson Clayton Cosgrove.

“The loss of 137 jobs is yet another massive blow to the people of the West Coast, alongside the more than 700 other Solid Energy jobs lost.

“With much of its workforce gone Stockton will end up operating under capacity, along with Spring Creek which has been mothballed. National has campaigned on promoting mining in New Zealand but ironically it’s shutting them down instead.

“Solid Energy’s near collapse is the result of years of mismanagement by Ministers and the former Board. Tony Ryall and Bill English were warned repeatedly about the problems facing the SOE but ignored them and took no action, leaving it almost $400 million in debt and shedding jobs by the hundreds.

“This is why the company is in the state it’s in today, reliant on a bailout from the banks and Government, and now a shadow of the export award-winning company it was under Labour.

“If Ministers had taken action earlier many of these jobs could have been saved.

“Tony Ryall is responsible for every one of these job losses leading to his legacy as the most negligent and incompetent SOE Minister in history,” says Clayton Cosgrove.


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Labour's 'Future Of Work': Major Reform Of Careers And Apprenticeships

The next Labour Government will transform careers advice in high schools to ensure every student has a personalised career plan, Leader of the Opposition Andrew Little says. More>>

ALSO:

State Investments Management: Treasury Likes IRD, Not Education Or Corrections

The Inland Revenue Department has scored an 'A' in the first tranche of the Treasury's investor confidence rating for state agencies that manage significant Crown investments and assets, gaining greater autonomy as a result, while the Corrections and Education ministries gained a 'C' rating. More>>

ALSO:

Govt Goal: NZ To Be "Predator Free" By 2050

Prime Minister John Key has today announced the Government has adopted the goal of New Zealand becoming Predator Free by 2050... “That’s why we have adopted this goal. Our ambition is that by 2050 every single part of New Zealand will be completely free of rats, stoats and possums." More>>

ALSO:

Gordon Campbell: On The IOC’s Treatment Of Russian Sport, And Lone Wolf Terrorism

A blanket ban on Russian athletes would also have exposed the IOC to criticism that its treatment of Russia would have been marked contrast to its treatment say, of the track and field team from Kenya – a country about which the IOC has very similar doping concerns. More>>

ALSO:

Sounds Like A Plan: Auckland Council Receives Unitary Plan Recommendations

A key milestone in New Zealand planning history was reached today when the Independent Hearings Panel delivered the reports containing its recommendations on the Proposed Auckland Unitary Plan. More>>

ALSO:

National Park Expansion: Forests And Coast Of Kahurangi Protected

Five parcels of high value land totalling more than 890 hectares have been formally gazetted as part of the National Park. More>>

ALSO:

PPP Go-Ahead: SkyPath Gets Unanimous Support

Auckland’s SkyPath project has been given the go-ahead to be delivered through a public private partnership, after a unanimous decision at today’s Finance and Performance Committee. More>>

ALSO:

Gordon Campbell: On The Reserve Bank, The UN Shortlist, And Trump

Can there really be there any link between the US presidential elections and yesterday’s RBNZ signals on interest rates and the NZ dollar? Well, maybe. And it would be this: the improving US economy is reportedly putting a tailwind behind the US dollar, and rendering the actions of our Reserve Bank virtually irrelevant. More>>

ALSO:

Gordon Campbell: On What John Key Should Be Asking Joe Biden

No doubt, US Vice-President Joe Biden will be updating Prime Minister John Key on the chances of a TPP vote taking place in the ‘ lame duck’ session of Congress that’s held between the November’s election and the inauguration of a new President in January. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news