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

 


Government Should Turn Around on Kiwirail

Government Should Turn Around on Kiwirail

23 MAY 2014


The Taxpayers’ Union has responded to the Government’s budget announcement of a further $198 million of funding for KiwiRail’s Turnaround Plan with loathing.

“When will the Government stop throwing good money after bad when it comes to KiwiRail?” asks Executive Director Jordan Williams.

“The cost of rail to the taxpayer since being renationalised in 2008 is a whopping $12.2 billion dollars and it’s likely to need more. $12.2 billion is equivalent to over $2,700 per taxpayer - nearly enough buy every Kiwi a return flight to London. Per household, the amount is $6,900 - enough to buy a good, reliable second hand car.”

The $12.2 billion refers to the total Crown investment of $2.4 billion since 2008 and write downs totalling $9.8 billion.

“Taxpayers should not be burdened with bringing dead rats to life. Not only has KiwiRail been so heavily devalued, it is being propped up with massive taxpayer funding in a futile attempt to make it economically sustainable” says Williams. “The Transport Minister Gerry Brownlee has acknowledged that financial self-sustainability was always going to be a huge challenge and questions have to be asked whether such a challenge is still worth pursuing.”

“It is incredible that for all this money, we still have locomotives with asbestos and ferries that are lemons. Taxpayers deserve better.”

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Mt Albert Aftermath

Personality politics – Jacinda is great! Jacinda is not so great! – have dominated the coverage of the Labour Party’s fortunes this week...

Still, this is a relatively new and welcome problem for the centre-left. Labour has seemed so bereft of crossover talent for so long that it seems almost embarrassed by this latest development. More>>

 

State Sector: Government To Apply Pay Equity Principles

Legal changes are not yet in effect but the State Services Commission, on behalf of the government, and the Council of Trade Unions on behalf of unions, have agreed to apply the principles to current pay equity claims. More>>

ALSO:

Throwing Stoners: English Blames Failed Drug Tests For Unemployment

Bill English’s diversionary tactic of condemning of a generation of Kiwi workers as a bunch of drug-takers cannot hide his government’s failure to create opportunities for decent work, says Labour’s Employment spokesperson Grant Robertson. More>>

ALSO:

Conservation: Central Govt Takes Over 1080 Regulation

“This new approach standardises the rules for using such poisons rather than the current system of different rules in different regions. This change will reduce costs and delays for operators, ensure consistent conditions throughout the country, reduce mistakes from misunderstanding rule differences and allow best practice approaches to be used." More>>

ALSO:

Election Entertainments: ACT Has Prison Plan, Greens Have Water Bill

Green Party launches Member’s Bill to protect our freshwater The Green Party has today launched a member’s bill that will keep water from underground sources, called aquifers, safe from pollution and contamination. More>>

ALSO:

2040 Target And Lower Standards: “Swimmable” Rivers Five Times More Likely To Make You Sick

Forest & Bird has condemned the government’s new water quality standards, warning New Zealanders that they lock in current levels of water pollution and allow for a 5-fold increase in the chance of getting sick from swimming in a river. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news