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

 


Bridges cannot argue with the CPI –electricity prices are up

David Shearer
Energy Spokesperson

16 July 2014

Bridges cannot argue with the CPI –electricity prices are up

Today’s CPI gives the lie to Simon Bridge’s claim that power prices only rose by 2.3 % in the last year. Labour’s Energy spokesperson David Shearer says.

“Its official; the CPI index says power prices increased by 4.2% in the last quarter. This is the second highest quarterly increase in electricity prices measured by the CPI index this century.

“The only other time it was higher was in June 2012 at 4.5%.

“The updated CPI shows, just how much the Government’s updated statistics downplay the increase in prices under their new reporting system.

“Yesterday the Government was smugly boasting about a ‘small’ 2.3 per cent increase in power prices to March. What the Energy Minister was not saying was that the increase is smaller because the Government has changed the way it calculates electricity pricing. The CPI proves Mr Bridges was just prevaricating.

“Ironically the power prices in the CPI index also eclipse all the other increases in prices which sat at only 0.3% in the last quarter.

“The tragedy is that too many New Zealanders are living in cold, damp houses because they cannot afford to put the heater or the electric blanket on. Today’s CPI shows that the Government should be focussed on reducing Kiwi’s power bills, not covering them up.

A Labour Government would take decisive action on power prices. Through NZ Power we will cut hundreds of dollars off an average household power bill and help to slow future increases,” said David Shearer.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Labour/Greens Deal (And The NZDF)

If Labour and the Greens were hoping their Budget Responsibility Rules (BRR) agreement would foster an unlikely alliance then hey… mission accomplished! Because it isn’t every day that Sue Bradford, the CTU and Matthew Hooton speak with one voice, as happened yesterday.

Unfortunately though, it’s hard to see how the BRR agreement will work to the advantage of Labour and the Greens in the context of the 2017 election campaign. More>>

 

Until After The Election: Extension Of Report-Back Date For Havelock North Inquiry

Attorney-General Christopher Finlayson announced today that the report-back date for the independent Inquiry into Havelock North Drinking-Water has been extended at the request of the Inquiry’s Panel. More>>

ALSO:

Little Heading For Court: Apology Over Donation/Hotel Contract Claims Not Accepted

Today I want to publicly apologise unreservedly to Mr Hagaman for any hurt, embarrassment or adverse reflection on his reputation which may have resulted from my various media statements. I have offered that apology to the Hagamans. More>>

ALSO:

Biscuit Tin Of Democracy: World Heritage Site Protection, Ombudsman and Equal Pay Bills Drawn

On Thursday, 23 March 2017 three places are available on the Order Paper for the first reading of a Member’s bill. The ballot was held, and resulted in the following bills being drawn... More>>

ALSO:

Emissions Plan: NZ Needs More Science, More Trees, Fewer Beasts

A combination of technology breakthroughs, much more plantation forestry, and a big switch away from pastoral, particularly dairy farming, are identified as the key elements of any approach New Zealand takes to reducing its carbon emissions to a net zero level, according to a new report sponsored by the New Zealand chapter of GLOBE, a multi-party, global parliamentary grouping. More>>

ALSO:

"Backed To Win Seats": Labour Māori Seat MPs Won't Stand On List

The Labour Party is backing a request from its Māori seat MPs to stand as electorate MPs only, says Labour Leader Andrew Little. More>>

OutsKey: John Key's Valedictory Speech

I rise to address this House for the very last time. It has been a huge privilege to have served the people of Helensville as their member of Parliament, and, of course, the people of New Zealand as their Prime Minister. More>>

ALSO:

Productivity Commission: New Models Of Tertiary Education Are Coming

The report is a broad-ranging inquiry into how well New Zealand’s tertiary education system is set up to respond to emerging trends in technology and the internationalisation of education, and changes in the structure of the population, and the skills needed in the economy and society... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news