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Returns Not Royal Treatment Will Lead to Investment

Returns Not Royal Treatment Will Lead to Investment

30 JULY 2014
FOR IMMEDIATE RELEASE

Reacting to the NZ Herald’s reporting of a $240,000 bill for taxpayers to wine and dine eleven oil executives - including four nights' luxury accommodation, a sailing trip, and two Rugby World Cup games, Jordan Williams, Executive Director of the Taxpayers’ Union, says:

“Hard nosed oil executives will decide to invest in New Zealand on the basis of potential returns, not on how good the rugby was. Making introductions, clearing red tape and selling New Zealand is one thing, but throwing nearly a quarter million at royal class treatment is quite another."

“The Government is calling the Summit ‘modest’ despite costing taxpayers’ more than $20,000 per person. With that attitude, we’d hate to see what lavish is!"

ENDS

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