Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Govt leaves Kiwi consumers to pick up the bill

Moana
Mackey
Energy spokesperson
30 January 2012 MEDIA STATEMENT
Govt leaves Kiwi consumers to pick up the bill

Kiwi consumers will pay the price for National’s ill-conceived plan to sell off our power companies, says Labour Energy spokesperson Moana Mackey.

“The latest forecast from the Ministry of Economic Development predicts wholesale electricity will keep rising beyond the inflation rate for the next 18 years.

“The report reiterates what Labour has been saying for months--- Kiwi households will end up paying more for their electricity if our energy companies are partially privatised.

“Protecting the interests of private shareholders to ensure maximisation of profit will come first, with the interests of New Zealanders a poor second,” Moana Mackey said.

“The situation has been exacerbated by National’s changes to electricity industry legislation. Those changes included preparing Kiwi-owned energy companies for sale and removing consumer protections.

“Promises that privatisation will deliver lower prices and more efficient services have not been borne out. The Minister is well aware that data on domestic electricity prices shows that in recent years the biggest cost increases have come from the investor-owned, not state-owned, energy companies.

“On radio this morning the Minister put the onus back on to consumers, saying that it was the responsibility of individual households to manage their power use. This simply shows how out of touch he is with the pressures which arise from shrinking family budgets.

“Sending profits offshore, and relinquishing responsibility, is not the way forward,” Moana Mackey said.

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines


Gordon Campbell: On The Rivals For The Covid Saliva Testing Dollar

If you want a good insight into what the limits of tiny, barely discernible steps to reduce poverty actually look like, delve into the latest Statistics Department figures on poverty in New Zealand Most of the nine measures utilised reveal little or no progress in combatting poverty over the 21 months to March 2020... More>>


 

Government: Reserve Bank To Take Account Of Housing In Decision Making

The Reserve Bank is now required to consider the impact on housing when making monetary and financial policy decisions, Grant Robertson announced today. Changes have been made to the Bank’s Monetary Policy Committee’s remit requiring it to take into ... More>>

ALSO:


RNZ: Alert Levels Remain

There are no new community cases of Covid-19 today, the Ministry of Health has confirmed.
Covid-19 Response Minister Chris Hipkins says at least half of the Papatoetoe High School community have been tested and the results that have come through so far have all been negative... More>>

ALSO:

Stats NZ: Latest Release Of Child Poverty Statistics

All measures of child poverty were trending downwards, prior to the COVID-19 lockdown, across the two years since year ended June 2018, Stats NZ said today. The COVID-19 lockdown in late March 2020 affected Stats NZ’s ability to collect data from households ... More>>

ALSO:


NZ Initiative: New Report Highlights How Our Housing Crisis Could Worsen If We Don’t Act Now

If New Zealand politicians thought the housing crisis in 2020 was bad, the worst is yet to come, warns a new report by The New Zealand Initiative. In The Need to Build: The demographic drivers of housing demand , Research Assistant Leonard Hong ... More>>

Parliament: Kiwi MPs Among The “Most Educated In The World”

New analysis of MP qualifications reveals New Zealand’s Parliament is one of the most educated and highest qualified in the world, and significantly more educated than Australia’s. The research, by Mark Blackham of BlacklandPR and Geoffrey Miller ... More>>

The Dig: An Illogical Ideological Struggle

Dig beneath all the trade wars and the arguments to the effect that the USA should not permit China to achieve economic and technological superiority, or even parity, and you find the real reason behind the conflict... More>>

Travel: Government Eases Visa Restrictions For Visitors In New Zealand

Visitor visa holders will be able to stay in New Zealand a little longer as the Government eases restrictions for those still here, the Minister of Immigration has announced. More>>

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels