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

 

Labour goes back to the future on asset sales

15.11.19

The party that sold off the BNZ, NZ Rail, Petrocorp, Postbank, the Shipping Corporation, Air New Zealand, the State Insurance Office, the Tourist Hotel Corporation and a host of other New Zealand assets is at it again – with the assistance of its coalition partners NZ First and the Greens.

Despite a commitment in its policy to “keep forestry in New Zealand hands by requiring the sale of logging rights on land over 50 hectares to be approved by the Overseas Investment Office for overseas purchasers”, Labour is facilitating the sale of thousands of hectares of farmland to overseas forestry companies and by-passing the Overseas Investment Office in the process.
50 Shades of Green is right to protest against that hypocrisy and the country’s urban community should join farmers on the front line protesting as well.

In what appeared to be a ‘turnaround in thinking’ in the 2011/2014 period, Labour’s Annette King wrote in a post on the Labour Party website on November 3rd 2014 under the heading “An asset sale is an asset sale is……”. In the post she says “Dressing it up as anything other than an asset sale is duplicitous.”

And Auckland Mayor Phil Goff told a campaign rally in central Auckland just 5 days before the 2011 general election “Selling assets did nothing to prepare for the future.
Then Leader of the Labour Party, Mr Goff told the rally “Two words - asset sales - had defined the election campaign”

"It simply doesn't work. It's just dumb to sell them. Only a Labour government can save our assets from being flogged off to foreign owners”.

But now Labour’s gone back to the future, allowing one foreign investor to become the country’s third biggest private landowner in just four years.
Even more stupidly it’s allowed another recent overseas purchaser that describes its core business as ‘a supplier of bulk carbon credits to large energy and oil companies’ to purchase significant farmland. Planting trees for this company is just incidental to it making big profits by facilitating corporate pollution of the atmosphere.

Land Information Minister and Green MP Eugenie Sage has again proven that the Greens are the dinosaurs of the international green movement by justifying the sale approvals which she personally signed off on by saying New Zealand needed foreign investment in forestry to meet its billion trees programme and climate change targets.

Ms Sage clearly doesn’t know that government investment starting in the 1920’s is what facilitated thousands of hectares of New Zealand forest and it could and should be doing it now.

A Social Credit government would put an immediate stop to the sale of farmland to overseas buyers, progressively return to New Zealand ownership land already sold, and radically re-write the Overseas Investment Office rules.
It would invest in land-appropriate forestry planting and scrap the Emissions Trading Scheme which is just another financial fraud, and is costing taxpayers billions of dollars. The climate has now been monetised, opened up to speculation, and that has not contributed one iota to reduction in emissions.

Instead of penalising our wealth producers we will make Reserve Bank credit available to assist businesses, territorial authorities and other groups in making the transition towards a carbon neutral New Zealand.

“There’s a tidal wave of applications from overseas entities that want to snap up New Zealand’s best agricultural land and agricultural and horticultural businesses”.

“Our view is that’s not good for the long term future of New Zealanders so we’re putting a stake in the ground”.

Social Credit is putting its money where its mouth is and on October 4th filed papers in the High Court in Wellington to seek judicial review of the Overseas Investment Office decision to grant approval for the takeover of Westland Milk Products by Chinese conglomerate Inner Mongolian Yili.

Donations to assist with the High Court action can be made on the Give-A-Little page set up for the legal challenge (Westland Milk Sale Judicial Review).
Donations will only be used for this case or any other subsequent actions the party may take to oppose overseas entities buying up the country.

Ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Democracy 2.0: NextElection Partners With Scoop For Exciting Democracy Tech

NextElection, a technology platform empowering democracy and Government accountability, and Scoop Independent News have partnered to strengthen citizen participation in the 2020 New Zealand General Election, set for September 19th.

Scoop’s ambition for bringing NextElection to NZ is to use it to strengthen and expand Scoop Citizen activities under the auspices of the Scoop Foundation for Public Interest Journalism.

The nextelection.nz platform has been populated by the project team with channels for all the 2020 General Election candidates and political parties. It also features up to date geolocation data based on the latest electoral boundaries. More>> Joint Press Release: NextElection, Scoop.co.nz, ScoopCitizen





       
       

      Election 2020: Labour Launch

      E ngā mana e ngā reo Ngāti whātua ngā mana whenua o Tāmaki Makaurau, e tika te kōrero Ehara taku toa he toa (taki tahi) he toa (taki tini) No rēira tātou e huihui mai nei, ka ‘Hoake tonu tātou’ Thank you for that welcome. And thank ... More>>

      Gordon Campbell: On Political Twins, And On Labour Extending Its Wage Subsidy Scheme

      A quick quiz for the weekend. Which political party currently represented in Parliament issued a press release yesterday that contained these stirring passages: “[We have] long supported a free trade and free movement area between Canada, Australia, New ... More>>

      ALSO:

      Parliament Adjourns: Adjournment Debate: Speaker Trevor Mallard

      The 52 Parliament has sat for the last time before the September Election. It sat for 245 days... More>>

      ALSO:

      E-Cigarettes: Vaping Legislation Passes

      Landmark legislation passed today puts New Zealand on track to saving thousands of lives and having a smokefree generation sooner rather than later, Associate Health Minister, Jenny Salesa says. The Smokefree Environments and Regulated Products (Vaping) ... More>>

      ALSO:


      National: $4 Billion Investment To End Wellington’s Congestion Woes

      A National Government will invest another $4 billion in transport infrastructure across Wellington, igniting the economy and delivering the congestion-busting solutions the region has long been crying out for, National Party Leader Judith Collins says. ... More>>

      ALSO:



      Covid-19: Poll On Management Approval

      New Zealanders’ overall trust in the Ministry of Health and Government to manage the COVID-19 pandemic is at 82%, down from 91% during April. Overall distrust that the Ministry and Government will manage it in ways which best protect themselves More>>

      Election 2020: National Releases 2020 Party List

      National’s 2020 Party List is a strong mix of experience coming up through our Caucus, and new and exciting talent joining our team from communities across New Zealand, Party President Peter Goodfellow says. “The National Party is incredibly ... More>>

      Horizon Research Limited: How Judith Collins Stopped The Bleeding

      Horizon Research includes questions on voting from time to time in its surveys – for both forthcoming referenda and general elections. More>>

      Your Vote 2020: Bringing Election Coverage To Viewers Across TVNZ Channels And Platforms

      As New Zealand gets ready to head to the ballot box this September, 1 NEWS is bringing voters comprehensive coverage and analysis of this year’s General Election. TVNZ’s coverage will draw on the depth of experience held across the 1 NEWS team, says Graeme ... More>>

      Economy: 30% Believe Households Worse Off, 298,000 Expect To Lose Jobs

      64% of New Zealanders feel the economic position of their households is the same or better than a year ago – and 30% think it is worse or much worse, while 298,000 think they will lose their jobs in the next 12 months. Households’ perceptions ... More>>

      State Services Commission: Findings Of Investigation Into COVID-19 Active Cases Privacy Breach

      Deputy State Services Commissioner Helene Quilter has today announced the findings of an investigation into a breach of privacy regarding sensitive personal information. The investigation looked into who or what caused the disclosure of the information, ... More>>

      International Security: New Zealand Suspends Extradition Treaty With Hong Kong

      The New Zealand Government has suspended its extradition treaty with Hong Kong and made a number of other changes in light of China’s decision to pass a national security law for Hong Kong, Foreign Affairs Minister Winston Peters says. More>>

      ALSO:


       
       
       
       
       
       

      LATEST HEADLINES

      • PARLIAMENT
      • POLITICS
      • REGIONAL
       


       

      InfoPages News Channels