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


Jones’ pork barrel hands out more opaque cash

Jones’ pork barrel hands out more opaque cash

Another day, another group of companies blessed with taxpayer money from the Provincial Growth Fund – and again New Zealanders are none the wiser about the terms and details, National’s Economic and Regional Development spokesperson Paul Goldsmith says.

“The Government’s travelling caravan of soft loans and grants has circled back to the Bay of Plenty, with $25 million of funding announced including up to $19.9 million for a deep-water mussel farm near Opotiki. In its previous visit to the region, $38.7 million of funding was unveiled.

“To be clear, National has no wish to attack the recipients or the regions where the funds will be spent. I’m sure everyone getting the money will welcome the investment.

“But as with many of the projects chosen for funding, little commercial detail has been made public, so there is no way of knowing if they represent the best use of the money. We’re still waiting to hear the terms of the $9.9 million cheap loan made to Westland Milk.

“There are more than 500,000 businesses in New Zealand. Many of them may be interested in bidding for cheap cash and many could well make a good case for economic benefit and job creation.

“New Zealanders shouldn’t have to take the Government on trust that the $3 billion fund will be dispensed with proper due diligence. We can’t be sure it will follow the basic principle of not privatising the gains and socialising the losses.

“We’re all in favour of expanding aquaculture but the Government could explain how it can fund an Opotiki mussel farm while the Government’s support group, the Greens, have opposed similar developments in other parts of the country.

“Mr Jones could at least do New Zealanders the courtesy of telling us if the mussel farm is getting a loan, a subsidised loan, an equity investment or a gift from taxpayers.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Why Worksafe’s Whakaari/White Island Prosecutions Are Good News

Somewhere in Heaven, Helen Kelly must be smiling about Worksafe’s criminal prosecution of 10 firms and three individuals for their roles in the lead up to the Whakaari /White Island tragedy. In tandem with the subsequent coronial inquest, these court proceedings will hopefully culminate in the creation ( finally!) of a central agency to regulate the adventure tourism sector and improve public safety on matters like risk assessment, safety guidelines, inspection, enforcement and injury reporting... More>>


Carbon Neutral Policy: Gov Declares Climate Emergency

The Government has launched a major new initiative to combat climate change that will require the public sector to achieve carbon neutrality by 2025. More>>


Pill Testing: Govt Moves On Drug Checking To Keep Young New Zealanders Safer This Summer

The Government will pass time limited legislation to give legal certainty to drug checking services, so they can carry out their work to keep New Zealanders safer this summer at festivals without fear of prosecution, Health Minister Andrew Little ... More>>


WorkSafe: 13 Parties Charged Over Whakaari/White Island Tragedy

WorkSafe New Zealand today filed charges against 13 parties in relation to the Whakaari/White Island eruption in December last year. “22 people have lost their lives in this tragic event. WorkSafe is tasked with investigating workplace incidents to determine ... More>>


Tax: Government Fulfils Election Undertaking On New Top Tax Rate

The Government will today keep its election promise to put in place a new top tax rate of 39 per cent on income earned over $180,000. More>>


Media: Stuff Holds Itself Accountable For Wrongs To Māori

Stuff has today published the results of an investigation into itself, and issued a public apology, for the way the media organisation has portrayed Māori, the indigenous people of Aotearoa New Zealand, from its first editions to now. Tā Mātou Pono | More>>


Economy: Crown Accounts Reflect Govt’s Careful Economic Management

The better-than-expected Crown accounts released today show the Government’s careful management of the COVID-19 health crisis was the right approach to support the economy. As expected, the Crown accounts for the year to June 2020 show the operating balance ... More>>





InfoPages News Channels