Parliament

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

 

Who is XXXX? And how much have they cost?

Who is XXXX? And how much have they cost the public?

Liz Gordon The Alliance has released papers obtained under the Official Information Act that show that the government was seriously considering selling the student loans scheme as late as May this year at the request of financial institutions only referred to as XXXX.

The financial institutions have been writing to the government since October 17th 1996 about their proposals to securatise or sell the student loans scheme and are only referred to as XXXX in the papers.

The government in response has prepare d at least 13 separate papers or communiques concerning this subject, involving a wide range of officials from Treasury and the Ministry of Education.

'Why is Max Bradford refusing to say who he was dealing with if he is not selling the student loans scheme? ', Alliance Education spokesperson Dr. Liz Gordon said.

'If he really was not going to sell the student loans scheme why doesn't he come clean with the name of the financial institutions who cost the tax ! payer all this work for nothing?

'Max claims that answering a simple parliamentary question costs as much $75, how much did all this advice for the XXXX group cost?'

The securatisation of student loans was first looked at 5 days after the last election.

Three years and thousands of hours of work by Treasury and the Ministry of Education has been undertaken, all at the request of this mysterious XXXX.

'If this XXXX is a potential buyer of the student loans scheme it is appalling that they h ave been able to pressure the government into doing so much work on an idea that this government claims it rejects.

'I suspect that the real reason for all this work is because this government is waiting for another three years in government so they can sell off the student loans scheme.

Max Bradford is just protecting the identity of a possible buyer,' Liz Gordon said.


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: Zimbabwe - Meet The New Bosses

At 75, Mnangagwa is not exactly what you’d call a new broom. As many observers have pointed out, his track record has been one of unswerving dedication to Mugabe ever since the days of anti-colonial insurgency...

The falling out with Mugabe two weeks ago came only after Mugabe attempted to build a dynastic succession around his wife, Grace. Mnangagwa fled to South Africa, from where he orchestrated an Army coup led by his long–time ally, General Constantino Chiwenga, head of the country’s armed forces. To these guys, things had to change in Zimbabwe, so that things could remain the same. More>>

 

Cullen To Chair: Tax Working Group Terms Of Reference Announced

Finance Minister Grant Robertson and Revenue Minister Stuart Nash today announced the Terms of Reference for the Tax Working Group and that the Group will be chaired by Sir Michael Cullen. More>>

ALSO:

Gordon Campbell: On The New Pike River Agency (And The Air Strike Wing)

Much of the sympathy the public still feels for the families of the Pike River miners has been sustained by the sense that the previous government – let alone the mining company and the processes of receivership and litigation – has never dealt honestly, or fairly, with them. More>>

ALSO:

Not Going Swimmingly: Contractor Cut, New Dates For Christchurch Sports Centre

“As an incoming Minister, I have been conducting a thorough review of progress on the Anchor projects and to learn of a $75 million budget blowout on this project was very disappointing..." More>>

ALSO:

Tertiary: Allowances, Loan Living Costs To Get Boost

“From 1 January, student allowance base rates and the maximum amount students can borrow for living costs will rise by a net $50 a week,” says Education Minister Chris Hipkins... further adjusted from 1 April 2018 in line with any increase in the CPI. More>>

ALSO:

Foreign Affairs: Patrick Gower Interviews Jacinda Ardern

Prime Minister Jacinda Ardern says discussions have already begun on how to bring climate change refugees into New Zealand under a Pacific seasonal employment plan... More>>

ALSO:

Gordon Campbell: On The Centre Right’s Love Of ‘Nanny State’

You’d almost think it was 2005 again. That was a time when the rugged individualists of the centre-right were being beset by government regulations on the nature of light-bulbs, the size of shower heads, the junk food available at school tuck shops and other such essentials... More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election