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


Taxpayer cash to plug Chorus copper hole

Clare Curran
ICT Spokesperson

18 July 2014

Taxpayer cash to plug Chorus copper hole

The Chief Executive and Board of Chorus must be held accountable for striking a deal that uses taxpayer money intended to build a new fibre network to instead plug the company’s revenue gaps, says Labour’s ICT spokesperson Clare Curran.

“The deal between Chorus and Crown Fibre Holdings shows Chorus has failed to manage its own business. The deal allows Chorus to access money that was meant to be spent on the UFB roll-out in 2018 and 2019.

“That money will obviously be used to plug revenue gaps and in 2018 Chorus is likely to go back to CFH with the begging bowl.

“CFH should never have struck this deal and Amy Adams should have made that clear. This is a short term fix.

“It shows what a debacle this contract has been from start to finish. Steven Joyce, Amy Adams and the Board and Chief Executive of Chorus must be held accountable.

“Chorus has had three years warning of the inevitable fall in copper prices. It is not CFH’s job to fix revenue gaps resulting from Chorus’ lack of strategic planning regarding the copper network.

“The Government is again changing the terms of its contract with Chorus with no transparency and no accountability in order to prop up a failing company which is using corporate blackmail to keep the fibre rollout on track.

“Labour will announce its policy on the UFB roll-out and wider ICT connections in the near future,” says Clare Curran.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Minister of Finance: Plan Shows $100 Billion Infrastructure Projects

Finance Minister Bill English has today launched the Government’s Ten Year Capital Intentions Plan (CIP) which shows a pipeline of $100.9 billion worth of infrastructure projects over the next decade. More>>


Werewolf: Safe Landings Gordon Campbell on the safety challenge to the Wellington runway extension.

The safety-related legal challenge revolves around the size of the 90 metre long Runway End Safety Area (RESA) being proposed for the runway extension. More>>


Environment Commissioner: We Need To Work Together On Climate Change And Farming

“The debate around agricultural emissions and the ETS has been polarised for too long,” said the Commissioner. “But the ETS is not the only way forward – there are other things that can be done.” More>>


NZ Super Fund: Seeking To Put A Market Price On Climate Change

Oct. 19 (BusinessDesk) - The New Zealand Superannuation Fund says it will devise a set of rules to assess investment winners and losers under climate change, a strategy that could rule out fossil fuels or producers such as current portfolio member Exxon ... More>>


Rejuvenation: Parata Will Not Contest 2017 Election

Education Minister and National List MP Hekia Parata has today announced that she will not be contesting the next election. She advised the Prime Minister of her decision earlier this year. More>>

Prisons Grow: Government Approves Plans For Increased Prison Capacity

Despite significant progress in reducing crime the number of prisoners has increased faster than projected. This is because the proportion of offenders charged with serious crimes has risen, meaning more people are being remanded in custody and serving more of their sentences in prison. More>>


Gordon Campbell: On Plastic Bag Activism, And Street Harassment

Amusing to see the Act Party experiencing another outbreak of young fogey-ism. What has aroused the ire of Act Leader David Seymour this time is the introduction of a Greens private members bill to the ballot process, calling for a 15 cents levy on plastic bags to reduce pollution. More>>


Unclear Weapons: US Navy Ship Cleared To Visit NZ For Navy's 75th

United States Navy ship, the USS Sampson, has been given clearance to visit New Zealand next month by Prime Minister John Key... “The process for considering the visit by the USS Sampson is the same as that used for all ships attending the International Naval Review." More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news