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


NZ Government meets Australian Consumer Advocate

NZ Government meets Australian Consumer Advocate, Denise Brailey


(Exposing Unacceptable Financial Activities Inc Soc)

Representing Government’s response to the finance industry crisis the Minister of Commerce, Lianne Dalziel welcomed a meeting with Australian Consumer Advocate, Denise Brailey arranged by Exposing Unacceptable Financial Activities [EUFA] in Hamilton yesterday.

Ms Brailey gave the Minister a broad briefing on the actions taken in Australia to expose and prosecute the vile practices of the finance and investment industry models of deceit that have been mirrored here in NZ.

The Minister confirmed she will be meeting with the Minister of Justice to discuss the provision of Government funding.

EUFA representative at the meeting, Gray Eatwell said from Tauranga today “We applaud the Government acknowledgement of the fundamental right of victim's - to be provided with the ability to avail themselves of an effective remedy through the justice system”

EUFA remains concerned at the Government approach relating to the level of sophistication of investor's and of the bearing this has on the case.

EUFA's emphasis is on the Government responsibility and liability for allowing the dishonest practices to go unchallenged. Coordinator of EUFA Suzanne Edmonds said “ In the Australian experience the lack of compliance enforcement of the finance industry has led to this disaster, the Government have a clear liability to remedy this situation”

Although the Minister has a clear understanding of the issues involved, particularly with BlueChip, EUFA remains steadfast on the urgency of freezing the recovery action against the victims until all investigations are completed.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On DHB Deficits And Free Trade

Currently the world is looking on aghast at the Trump administration’s plans to slash Obamacare, mainly in order to finance massive tax changes that will deliver most of their gains to the wealthy. Lives will be lost in the trade-off. Millions of Americans stand to lose access to the healthcare they need.

Spot the difference with New Zealand, where DHBs are under intense pressure to reduce deficits within a climate of chronic underfunding. More>>


Greens' Response: Slum-Like Rentals Exposed In Renting Review

“...The grim findings of the review are a wakeup call about the true state of rentals in this country. Too many renters are festering in slum-like conditions under the thumb of landlords who have largely unchecked powers and ignore tenants’ complaints when it suits them.” More>>


Gordon Campbell: On The Life And Times Of Peter Dunne

The unkind might talk of sinking ships, others could be more reminded of a loaded revolver left on the desk by his Cabinet colleagues as they closed the door behind them, now that the polls in Ohariu had confirmed he was no longer of much use to National. More>>


Gordon Campbell: On Labour’s Campaign Launch

One of the key motifs of Ardern’s speech was her repeated use of the phrase – “Now, what?” Cleverly, that looks like being Labour’s response to National’s ‘steady as it goes’ warning against not putting the economic ‘gains’ at risk. More>>


Lyndon Hood: Social Welfare, Explained

Speaking as someone who has seen better times and nowadays mostly operates by being really annoying and humiliating to deal with, I have some fellow feeling with the current system, so I’ll take this chance to set a few things straight.. More>>


Deregistered: Independent Board Decision On Family First

The Board considers that Family First has a purpose to promote its own particular views about marriage and the traditional family that cannot be determined to be for the public benefit in a way previously accepted as charitable... More>>


Transport Policies: Nats' New $10.5bn Roads Of National Significance

National is committing to the next generation of Roads of National Significance, National Party Transport Spokesperson Simon Bridges says. More>>





Featured InfoPages

Opening the Election