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


Time to Take Transpower Back

12 June 2005




“Recent information about State power generator Transpower’s dodgy market and tax manipulations reinforce our view that it is time to take Transpower back under an integrated model of public ownership and community control of the electricity market,” said Paul Piesse, Co-leader of the Alliance party today.

He was commenting on recent revelations that Transpower “lost” $20m in their 2002 accounts in relation to the December 2002 agreement by which Transpower borrowed over 700 millions of dollars from an unknown party and then on-lent three-quarters of the amount to other unnamed financial institutions.

“This most recent scandal alongside the ongoing 30-40% of price rises from electricity retail companies over the last three years emphasises the need for a return to public and community ownership and control of commercial electricity generation, distribution and retail sale. Market mechanisms must be removed from the whole electricity sector,” said Paul Piesse.

“Many New Zealanders are condemned to a long cold winter due to the high prices of electricity resulting from the market reforms,” said Paul Piesse. “Prices need to be regulated and controlled so that electricity is affordable."

Paul Piesse said that the Alliance would fight to stop State Owned Enterprise company managers doing dodgy deals and focus instead on tasks that were in the real long term interest of New Zealanders.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>


Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>


Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>


Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>


With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>


Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news