Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

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

 

Crown Minerals Act review welcome but requires consideration

The review of the Crown Minerals Act has been welcomed by the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

"This is a major piece of work that is very important to the future of New Zealand’s energy system and economic well-being. It will have a big impact on ensuring New Zealanders have affordable, reliable and sustainable energy for decades to come," says PEPANZ spokesman Phil Rennie.

"We support the Government’s goal of a productive, sustainable and inclusive economy. Our sector has a major role to play in this, especially natural gas which will be a key transition fuel providing lower-emissions energy.

"We also support the proposal for greater flexibility for existing offshore permit holders, given the implications of the ban on new exploration permits last year.

"There are significant issues raised that will require careful consideration such as changing the purpose of the Act and adding wider non-economic priorities. We need to be careful not to undermine the smooth transition both Government and industry are keen to support.

"We are very concerned at the short timeframe at a busy time of the year with submissions closing in just over four weeks.

"It’s crucial this process isn’t rushed and we take the time to get it right, given the substantive nature of the proposals and the serious implications.

"Experience tells us that rushed law is rarely good law. A submission period concluding in the New Year rather than right before Christmas would be more befitting such a complex piece of policy and legislation."


Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines



Gordon Campbell: On National’s Fantasy Trip To La La Landlord Land


How much political capital is Christopher Luxon willing to burn through in order to deliver his $2.9 billion gift to landlords? Evidently, Luxon is:
(A) unable to cost the policy accurately. As Anna Burns-Francis pointed out to him on Breakfast TV, the original ”rock solid” $2.1 billion cost he was touting to voters last year has now blown out to $2.9 billion. (That’s a 38% size error in the calculations.)
(B) unable to provide assurance that this handout won’t simply be pocketed by landlords
(C) unable to explain why Treasury (in research as recent as August 2023) wasn’t citing the loss of interest deductibility as a prime factor driving up rents.
More than anything, the Great Landlords Handout undermines the government’s alarmist talk about the state of the country’s books...
More


 
 


Government: One-stop Shop Major Projects On The Fast Track

The Coalition Government’s new one-stop-shop fast track consenting regime for regional and national projects of significance will cut red tape and make it easier for New Zealand to build the infrastructure and major projects needed to get the country moving again... More

ALSO:


Government: GPS 2024: Over $20 Billion To Get Transport Back On Track
Transport Minister Simeon Brown has released the draft Government Policy Statement (GPS) on Land Transport, outlining the Coalition Government’s plan to build and maintain a transport system that enables people to get to where they need to go quickly and safely... More

ALSO:

Government: Humanitarian Support For Gaza & West Bank

Winston Peters has announced NZ is providing a further $5M to respond to the extreme humanitarian need in Gaza and the West Bank. “The impact of the Israel-Hamas conflict on civilians is absolutely appalling," he said... More


Government: New High Court Judge Appointed

Judith Collins has announced the appointment of Wellington Barrister Jason Scott McHerron as a High Court Judge. Justice McHerron graduated from the University of Otago with a BA in English Literature in 1994 and an LLB in 1996... More

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.