Parliament

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

 

Who is XXXX? And how much have they cost?

Who is XXXX? And how much have they cost the public?

Liz Gordon The Alliance has released papers obtained under the Official Information Act that show that the government was seriously considering selling the student loans scheme as late as May this year at the request of financial institutions only referred to as XXXX.

The financial institutions have been writing to the government since October 17th 1996 about their proposals to securatise or sell the student loans scheme and are only referred to as XXXX in the papers.

The government in response has prepare d at least 13 separate papers or communiques concerning this subject, involving a wide range of officials from Treasury and the Ministry of Education.

'Why is Max Bradford refusing to say who he was dealing with if he is not selling the student loans scheme? ', Alliance Education spokesperson Dr. Liz Gordon said.

'If he really was not going to sell the student loans scheme why doesn't he come clean with the name of the financial institutions who cost the tax ! payer all this work for nothing?

'Max claims that answering a simple parliamentary question costs as much $75, how much did all this advice for the XXXX group cost?'

The securatisation of student loans was first looked at 5 days after the last election.

Three years and thousands of hours of work by Treasury and the Ministry of Education has been undertaken, all at the request of this mysterious XXXX.

'If this XXXX is a potential buyer of the student loans scheme it is appalling that they h ave been able to pressure the government into doing so much work on an idea that this government claims it rejects.

'I suspect that the real reason for all this work is because this government is waiting for another three years in government so they can sell off the student loans scheme.

Max Bradford is just protecting the identity of a possible buyer,' Liz Gordon said.


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Juggling Covid, And France’s Trump-like Populist


It is the age-old Covid problem. How to balance the needs for firms (and schools) to re-open against the need to protect public health. In the past, the balance has been struck by insisting that the best public health outcomes also deliver the best economic (and educational) outcomes. While that may still be objectively true, it is no longer a politically tenable position... More>>

Covid-19 & Education: NCEA And NZ Scholarship Exams To Proceed


NCEA and New Zealand Scholarship exams will proceed, including in areas where Alert Level 3 has been in place, Education Minister Chris Hipkins said today. “The New Zealand Qualifications Authority, Ministry of Education and Ministry of Health have been working together to ensure exams can be managed in a safe way, so students have the opportunity to demonstrate what they have learned... More>>





 
 

Ombudsman: Launches Investigation Into MIQ Booking System
The Chief Ombudsman Peter Boshier is launching a broad investigation into the Managed Isolation and Quarantine (MIQ) booking system after receiving hundreds of complaints... More>>

ALSO:



National: Launches Back In Business Plan

Leader of the Opposition Judith Collins has today launched National’s detailed plan to save livelihoods and unleash our economy in the face of the huge damage being wrought by the extended Covid lockdown... More>>

ALSO:


Pay Cheque To Pay Cheque: Half A Million New Zealanders Have No Savings
New findings from the Consumer NZ sentiment tracker found that 15% of New Zealanders had no savings, and a further 27% were anxious about their level of savings and would like to have more tucked away... More>>


Government: Mandatory Vaccination For Two Workforces

Large parts of two workforces critical to preventing the spread of COVID-19 will be required to be vaccinated, COVID-19 Response Minister Chris Hipkins said today. “Our education and health and disability workforces have done an incredible job throughout this pandemic to keep themselves and people safe,” Chris Hipkins said.... More>>


Green Party: Deeply Concerned Space Launches May Be Breaching Nuclear-free Laws

The Green Party is deeply concerned that space launches by Rocket Lab may be breaching nuclear-free laws, given our long-standing position as a signatory of the Nuclear Non-Proliferation Treaty... More>>


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels