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


Don’t Sell Our Family Silver. Keep NZ’s State Owned Assets!

April 22, 2013

Don’t Sell Our Family Silver. Keep New Zealand’s State Owned Assets!

On Saturday, April 27, just eight days before the National Government plans to sell 49% of the shares in Mighty River Power in New Zealand and Australia, thousands of people throughout New Zealand will march and rally as part of Power to the People – a nationwide day of action against asset sales.

In Dunedin, we march from the Dental School at 1.40pm, to rally in the Octagon, from 2pm to 4pm.

We will remind this forgetful government that on March 13 we submitted a petition that over 390,000 New Zealanders signed, calling for a Citizen’s Initiated Referendum on asset sales. If the government proceeds with this socially divisive sale, ahead of the CIR, they will deny all New Zealanders our democratic right to the open, informed, and thorough consultation.

We say, as this National Government admits that as a result of the proposed Mighty River Power share sale we will lose $94 Million cash-flow every year, their desire “to proceed with a reasonable degree of haste” is unacceptable.

We fear successive governments will have to find money to cover the resultant cash-flow shortfall through cuts in public services, and by increasing taxes and borrowing. We know borrowing money would become more expensive than the return already being achieved from those assets, leaving New Zealand open to an economic situation like that of Greece, or Ireland.

This National Government fails to appreciate the true nature of the devastating long-term financial effects that their irrevocable decision to sell off assets will have on our children and grandchildren’s futures. They will undermine our intergenerational wealth without appropriate community engagement.

This government does not have the people’s mandate to act as brokers of publicly owned wealth on this scale. They fail to understand the concept of intergenerational equity, commonly referred to as ‘the family silver’, passed down through generations. With their blood, sweat and tears, previous generations built up and preserved these assets, providing us today with the income needed to build schools and fund hospitals. We would not dispose of our own intergenerational equity so recklessly without consulting the family, so, it is time for this government to listen to the majority of New Zealanders, and stop the sale of state owned assets now.

Confirmed speakers: Metiria Turei, Green Party; Clare Curran, Labour; Jo Millar, Grey Power; Victor Billot, Alliance; Olive McRae, Mana; Fiona Matapo, Teachers’ Association; Michelle Helliwell, Occupy; Mayor Dave Cull sends his best wishes and he will speak if his schedule permits; Michael Woodhouse, National, is overseas and sends his apologies. We await confirmation of someone who can speak for him.
Open mic: members of the public can have their say.
Live Bands: Katharticus and Whiskey and the Wench
Face Painting: for the kids.

This event is endorsed by the Aotearoa Is Not For Sale, Keep our Assets, Labour, Greens, Mana, Unite Union, SFWU, EPMU, Alliance, CAFAC, Greypower, NZNO, NZFirst, Mana Movement, PSA, First Union, MUNZ, Occupy, and Socialist Aotearoa.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines



Wellington.Scoop: Serco – First The Prisons, And Now It Wants To Run The Trains

As the government continues its inquiry into Serco’s discredited administration of Mt Eden prison in Auckland, here in Wellington there’s further scrutiny of the British outsourcing company – because it’s competing to take over the running of our commuter trains. More>>


Gordon Campbell: On The TPP Countdown, And Mary Margaret O’Hara

To date, the Key government has been unwilling to share any information about this TPP deal until it is too late for outraged public opinion to affect the outcome... the disclosure process is likely to consist of a similarly skewed and careful exercise in spin. More>>


Australia Deportations: English Relaxed On Immigration Centre Conditions

Labour's Annette King: “There have been numerous reports from inside these detention centres on just how bad conditions are... If they were being held in any other foreign jail, I imagine Mr English would be somewhat concerned. More>>


Schools: Achievement-Based Funding Would Be A Disaster

The Education Minister’s speech to the PPTA Conference raising the spectre of achievement data driving a new funding system would be disastrous, says NZEI Te Riu Roa. More>>

  • Video Out-Link - PPTA Annual Conference 2015 on Livestream (Q+A dicussion suggests funding would be directed to less successful schools.)

  • ALSO:

    ECE Report:

    Key In NY: Prime Minister Addresses United Nations

    Prime Minister John Key has addressed the United Nations General Assembly in New York, focusing on a call for action in Syria and on other conflicts, reform of the veto process and on the UN’s Sustainable Development Goals. More>>.


    Gordon Campbell: On The Lack Of Accountability Over Philip Smith

    In New Zealand, accountability is an exotic creature rarely glimpsed at ministerial level, or among senior management. The flight to Rio by the paedophile /murderer Philip John Smith/Traynor is no exception. More>>


    More On Corrections

    Get More From Scoop



    Search Scoop  
    Powered by Vodafone
    NZ independent news