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

 


Amy Adams Must Urgently Deny Reports of Chorus Talks

COALITION FOR FAIR INTERNET PRICING
MEDIA RELEASE
5 NOVEMBER 2013

Amy Adams Must Urgently Deny Reports of Chorus Talks

Communications and Information Technology Minister Amy Adams is being urged to immediately deny reports she plans to ‘sit down with Chorus to look at the numbers and come back with some options’ following this morning’s determination by the independent Commerce Commission of fair copper prices.

The highly regarded newsroom.co.nz website reported this afternoon Ms Adams announcing that ‘the Government would now sit down with Chorus to look at the numbers and come back with some options reasonably quickly’.

A spokesman for the Coalition for Fair Internet Pricing, Paul Brislen, also chief executive of the Telecommunications Users Association of New Zealand (TUANZ) says he finds it difficult to believe the report can be accurate.

“There is one legitimate process to set copper pricing in New Zealand, which is the independent Commerce Commission process,” Mr Brislen said.

“In addition to that, Ms Adams launched in August a highly questionable pricing review over the top of the Commerce Commission process, citing section 157AA of the Telecommunications Act.

“Now it is reported she plans to hold private talks with the copper monopolist to ‘look at the numbers and come back with some options’.

“Any suggestion of a third price-setting process, involving only the government and the monopolist Chorus, is outrageous.

“We urge the minister to immediately deny the report and confirm that no one from the government plans to hold private talks with Chorus outside the publicly announced price-setting processes.”

Mr Brislen also said claims Chorus was at some financial risk from this morning’s announcement were denied by the relatively mild sharemarket reaction through the day.

Chorus shares are trading at approximately the same level as on 18 October and much higher than in June 2013.

“This market pricing cannot be reconciled with any suggestion the company could default on its debt, let alone ‘go broke’ as the prime minister has claimed, and indicates this morning’s ‘disclosure’ by Chorus is more political lobbying than genuine market disclosure.”

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Gordon Campbell: On Bank Scandals (And Air Crashes)

Last month, the Australian Securities and Investment Commission (ASIC) filed proceedings against Westpac over activities that have some distinct echoes of the Libor scandal. More>>

Budget: Health Funding Must Keep Up With Need

NZNO: “The nursing team has been doing more with less for years. It’s getting to the point that we’re really worried about our colleagues, our patients, our jobs and the level of health care available for people in our country." More>>

ALSO:

Emissions Inventory: Time For The Government To Do The Right Thing

It’s time for the National Government to step up and do the right thing to reduce climate pollution as data shows New Zealand’s greenhouse gas emissions are higher than ever, the Green Party said today. More>>

ALSO:

Budget 2016: More Partnership Schools To Open

Seven new schools will join the eight Partnership Schools already open, along with further new schools opening in 2017. “The growth of this policy is a reflection of the high level of interest from educators and community leaders,” Mr Seymour says. More>>

ALSO:

No Correspondence With English: Did Brownlee Make Up Sale Of Navy Ships ‘On The Hoof?’

Having revealed that several Royal New Zealand Navy vessels have not left port in years, New Zealand First is now asking the Minister of Defence to prove he did not come up with the idea of selling HMNZS Taupo and Pukaki until the media asked him. More>>

Housing Plans: Labour- Abolish Auckland Urban Boundary
The Government should rule out any possibility of an urban growth boundary in Auckland Council’s Unitary Plan if it is serious about fixing the housing crisis. More>>
Greens - State House Solution
The Homes Not Cars policy allows Housing New Zealand to retain its dividend and, in addition, would refund its tax, to spend on the emergency building of around 450 new state houses. More>>

ALSO:

Houses And Taxes: Post-Cabinet, Pre-Budget Press Conference

The Prime Minister said that the pre-budget announcements showed that his Government is “investing in a growing economy”. He re-affirmed the National Government’s commitment to lowering personal tax rates but that any such change must fit with the fiscal reality of the time. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news