Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Govt Congratulated For Stopping Sealord Sale


Govt Congratulated For Stopping Sealord Sale Overseas

Now New Zealandise The Rest Of The Economy As Being In The National Interest

The Campaign Against Foreign Control of Aotearoa (CAFCA), which rarely has a kind word for the Government, nonetheless believes in giving credit where credit is due.

So we congratulate the Government for prohibiting the sale of Brierley’s stake in Sealord to foreign fishing companies. We are pleased that it is committed to the “New Zealandisation” of our fishing industry; that it has stopped any offshore sale as “not being in the national interest”; and that it has revoked the power delegated to the Overseas Investment Commission by the National government (in its dying days in office) for the OIC to administer the Fisheries Act as it relates to foreign companies.

Unfortunately, the Government has not followed these very worthy and sensible principles in dealing with the sale of part of Brierley’s stake in Air New Zealand (its B Class shares), allowing it to be sold to Singapore Airlines. Our flag carrier airline is equally worthy of “New Zealandisation” ; its sale overseas equally worthy of being deemed not in the national interest.

We remind Deputy Prime Minister, Jim Anderton, what he said about Air New Zealand, before the 1999 general election: he stated that the airline should be renamed “Air Asia”, saying that it has lost the moral right to call itself the national flag carrier (Press, 27/10/99). Does he still hold that view now? If so, then what is he doing about it?

“National interest” used to be a central criterion for approving or rejecting applications from foreign investors. National’s amendments to the Overseas Investment Act, in the 1990s, removed it in any meaningful form.

We urge this Government to restore “national interest” as the central principle of any laws dealing with foreign investment. Further we urge the Government to adopt the laudable principle of New Zealandisation to the rest of the economy. That would definitely be in the national interest.

Murray Horton Secretary/Organiser

CAFCA Campaign Against Foreign Control of Aotearoa PO Box 2258, Christchurch email: cafca@chch.planet.org.nz

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Werewolf: What Does Winston Peters Want His Legacy To Be?

A lot of people in New Zealand seem to resent Winston Peters and the power that he appears to have. “Appears” being the operative word. In reality, Peters will have power only up to the point that he uses it.

By next week, he’ll have become just another junior player in an MMP governing arrangement, battling to hold onto the gains he was promised. More>>

 

Rising Toll: Road Safety Needs To Be A Higher Priority

Official advice released to the Green Party under the Official Information Act shows that the previous National Government dismissed an option to make road safety its most important transport priority after being told the road toll was rising. More>>

ALSO:

Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>

ALSO:

Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>

ALSO:

Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>

ALSO:

Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>

ALSO:

Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>

ALSO:

Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election