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

 


Fuel and electricity price gouging hits regions hardest

Mere Takoko - New Zealand First East Coast Candidate
For Immediate Release - Tuesday, 19 August, 2014

Power Up NZ report highlights fuel and electricity price gouging hits regions hardest

New Zealand First Candidate for the East Coast electorate, Mere Takoko, will lead a convoy of logging trucks and supporters through East Coast city centres in a bid to highlight the rising cost of electricity and fuel in the region.

The delegation will reach the Gisborne city centre at 12pm where Ms Takoko will release a report called Power Up NZ at Heipipi Park before continuing on through Opotiki, Whakatane, Kawerau and Rotorua.

Ms Takoko says the Power Up NZ report will show how energy companies have been adding unnecessary costs to consumer fuel and electricity bills. It also outlines how New Zealand's worst polluters have been purchasing cheap and dirty international carbon credits which has collapsed New Zealand's carbon market.

"Iwi have lost over NZ$600 million as a result and the forestry sector is also suffering. Our convoy aims to support the sector's NZ$2bn plan to bring 50,000 jobs to the regions," says Ms Takoko.

"The report includes research provided by Treasury's own advisors that shows energy companies have hood winked consumers through price-gouging and have profited to the tune of NZ$1.38 billion.

"Our information illustrates how these polluters are causing irreparable economic harm. They are stifling growth in the regions and draining wealth from New Zealand taxpayers.

Ms Takoko says the Government really needs to stop putting the profit margins of energy companies before those of New Zealanders.

"Their price gouging is now becoming common practice and is having an overall negative impact on other industries including the forestry and seafood sectors.

"John Key has effectively allowed this to occur under our noses. The ongoing loss of our strategic assets has had a flow on effect of increasing fuel and energy costs for our families. People from the East Coast and other regions are paying up to a third more than other places across the country and that also impacts on food prices," says Ms Takoko.

The convoy will depart Gisborne at 12.30pm to attend a public meeting in Rotorua hosted by the Climate Change Iwi Leadership Group at Tama te Kapua Marae where New Zealand First leader, Rt Hon Winston Peters, is expected to address the meeting with other political leaders.


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Plain Packs Plan: Gordon Campbell On Tobacco Politicking (And The TPP Death Watch)

Has Act leader David Seymour got the easiest job in the world, or what? Roll out of bed, turn on the radio and hmm…there do seem to be a lot of problems out there in the world. Must think of something. And so it came to pass that this morning, David Seymour took up his sword and shield to fight for a world that’s about to be denied the rich and vibrant beauty of tobacco advertising. More>>

ALSO:

.


RECENT TPP MEETING:

Professor Ian Shirley: The Budget That Failed Auckland

The 2016 budget offered Auckland nothing in the way of vision or hope and it continued the National Government’s threats against the Auckland Council. Threatening the Council with over-riding its democratic processes if it fails to release land for housing is a bullying tactic aimed at diverting attention away from the fundamental problems with housing in the region. More>>

ALSO:

PM's Post Cab Presser: Budgets, Trusts And Pacific Diplomacy

Today Prime Minister John Key summarised last week’s budget and provided further detail about his upcoming trip to Fiji. He said that there has been “plenty going on” in the last couple of weeks and emphasised the need for Auckland council to facilitate more housing supply. More>>

ALSO:

Max Rashbrooke: A Failure Of Measurement: Inside The Budget Lock-Up

Shortly after the embargo lifted at 2pm news organisations started filing reports claiming that health, and to a lesser extent housing and education, were the ‘big winners’ out of the Budget. It failed to take into account the fact that in most cases the apparent increases were in fact cuts. Because of the twin effects of inflation and population. More>>

ALSO:

DOCtored Figures: Minister Clarifies DOC Budget

“Commentators have overlooked the fact $20.7m of that perceived shortfall is new funding for Battle for our Birds 2016, provided for in last week’s Budget...” DOC also has approval in principle to carry over a further $20m to 16/17 due to unexpected delays in a number of projects. More>>

ALSO:

For The Birds: Gordon Campbell On The Budget

Budgies, so their Wikipedia page says, are popular pets around the world due to their small size, low cost, and ability to mimic human speech. Which is a reasonably good description of Finance Minister Bill English eighth Budget. . More>>

Max Rashbrooke On The 2016 Budget

The best label for this year’s announcement by Bill English might be the ‘Bare Minimum Budget’. It does the bare minimum to defuse potential political damage in a range of areas – homelessness and health are prime among them – but almost nothing to address the country’s most deep-rooted, systemic social problems. Indeed the Budget hints that these problems may get worse. More>>

ALSO:

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>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news