web analytics
The Standard

Auckland Council CCO 2 step

Written By: - Date published: 10:42 am, March 7th, 2014 - 13 comments
Categories: accountability, auckland supercity, democracy under attack, election 2014, greens, infrastructure, labour, mana, national/act government, Privatisation - Tags:

Tony Holman’s op ed piece in the NZ Herald today adds an important perspective on the Auckland Council CCOs currently under review. He is concerned that the CCOs are a trojan horse that is part of a 2 step movement toward privatisation of Auckland assets. He argues that this will be on the agenda if John Key’s team regain the treasury benches in the election later this year.

Holman’s article is in part a response to Mai Chen’s piece in the last week about the same issue.  Mai Chen argued that the CCOs need to be improved, but that the basic set up is fine.

The review is likely to result in CCOs being put on a tighter leash governing what they can do without council approval.

Eighty per cent of the changes to the CCO model are likely to be relationship driven, focusing on improving communication so CCOs better carry out the council’s imperatives.

The remainder is likely to be structural reform. There may be mergers. There is pressure to bring some CCOs, such as Watercare and Auckland Transport, back into the council since they carry out core functions of local government.

Chen outlines some of the questions being investigated for the review, then concludes:

When I interviewed decision makers for my book on how the Auckland Council was created, the feedback from some was that CCOs were generally working well, so don’t fix what was not broken. The magic was private sector people on CCO boards and the great staff CCOs attracted, who may not stay if CCOs were required to work under greater council direction. But others have said consolidation of CCOs is needed, and some should be brought under greater council control

Tony Holman has been a councillor for North Shore City and has a business background.  He brings a certain amount of insider knowledge to the modus operandi of the CCOs.

In today’s NZ Herald article, Holman begins with some criticism of Chen’s approach:

But much of the analysis tended to be academic and theoretical, rather than analysing the politico-economic philosophy behind the CCO facade and the real aims of the governments that promote them, and of some businessmen appointed to CCO boards.

CCOs are a sort of Trojan horse, designed to infiltrate publicly owned assets under cover of the public’s “owner”, the council.

There are three major objectives behind the establishment of CCOs:

• To carry out the government’s wish – to take over publicly held assets for eventual privatisation.

• To learn more about the strengths and weaknesses of each CCO’s business.

• To take steps to prepare the CCO for privatisation.

The CCO device is a commercially-oriented two-step. The first step is to put various council functions at arm’s length from elected members and council managers, that is, largely out of the council’s control (despite the name).

The second step is to use the inside information gained by appointees to build a case for privatisation. Then will come the mantra that privately-owned businesses are always more efficient than publicly owned organisations.

Holman argues that, while the unelected  CCO directors and managers are to some extent answerable to the elected councillors, the councillors have a limited amount of say.  Also, the CCOs’ staff maintain a more detailed working knowledge of the CCO operations than do the council members.  This gives the CCOs an advantage when arguing for privatisation.

Holman ends with a warning about what will happen to Auckland assets should Key’s NActs get back into government in the election later this year:

The current set-up for our “Super” city resulted from Government legislation which required that all of the Auckland region’s publicly owned assets be taken out of direct public control and had to be put into CCOs (the first part of the two-step). If National is re-elected this year, with an Act component, it is likely to require the Auckland Council to sell its billions of dollars of assets tied up in the CCOs to help fund the council’s wildly ambitious schemes, particularly the subway project.

If legislation is passed to sell them, the consequences can be forecast.

Water would be sold to one of the international water conglomerates, resulting in much higher prices, lower efficiency and poor maintenance – as a study of the results of privatisation of water in UK, France, Canada and other countries soon reveals.

Privatisation of Ports of Auckland would put the considerable public profits into private hands, removing the millions of dollars now available for public investment in Auckland’s transport system, leading to bigger loans and therefore higher rates.

So, there are two actions Aucklanders can take to try to prevent such a devastating blow for Auckland. Mai Chen claims Aucklanders can have their say on the review by 30th June, but I’m not sure how this can be done.

The Council website mentions the review here.  Maybe members of the public need to communicate their views to “Councillors, local board members, CCOs and the Independent Maori Statutory Board” ?

The terms of reference for the review are here.

The second thing Aucklanders can do is vote Labour, Green or Mana at the election later this year.

13 comments on “Auckland Council CCO 2 step”

  1. Penny Bright 1

    Any so-called ‘lefties’ out there who still to want defend ‘pro-privatisation via PPPs’ Auckland Mayor Len Brown, Prime Minister John Key’s ‘little helper’?

    http://www.nzherald.co.nz/opinion/news/article.cfm?c_id=466&objectid=11215245

    Tony Holman: CCOs a Trojan horse for privatisation

    http://media.nzherald.co.nz/webcontent/document/pdf/201348/PPPStudyForAttachmen1.pdf

    Mayoral Position Paper on Public Private Partnerships November 2013 – written by Ernst and Young ….

    “Introduction

    The Mayor has asked for a position paper to be developed on the nature and uses of Public Private Partnerships(PPPs). This paper is to focus on the range of PPP options that may be suitable for major Council and CCO projects.
    ……………. ”

    (Note – this is the same Ernst and Young who, in my considered opinion, wrote the dodgy Len Brown cover-up report, which effectively helped to protect the Mayor from possible criminal prosecution?

    http://www.aucklandcouncil.govt.nz/SiteCollectionDocuments/Independent%20Review%20Report%20FINAL%20131213.pdf)

    But – remember the mantra?

    New Zealand is (‘perceived to be’ the least corrupt country in the world?

    http://www.transparency.org/cpi2013/results

    Pity about the reality ……

    Penny Bright
    ‘Anti-corruption / anti-privatisation Public Watchdog’

    • xtasy 1.1

      Penny, I fear you are right with some of what you say!

      The “lefties” have in too great numbers been compromised and become followers of fads and trends, and they defend Len Brown from any criticism, even where it may be justified. That is not going to serve the cause of the left as such, I am afraid.

      I am through with Len and his conduct, not just what happened with Sky City upgrades and freebies, but with the recent ideas about a “poll tax”, his love for PPPs, his extravagant day dreams of Auckland growing to a “world city” of 2.5 million and so forth. I question his sanity, to be honest.

      So I went through the Proposed Auckland Unitary Plan, and I saw so much stuff, that will certainly create endless issues and problems, and that are not even communicated to the people at large (given prioritised, abbreviated, corporate style information strateties), it is a “disaster”, to put it mildly.

      Again, you will find many here support it, but know little about the detail.

      My submission only covers bits at issue, but if taken seriously, it will seriously upset Len’s Plan, as it is not workable. It is not what we need, and it is even close to breaching laws, it ignores recent scientific and other findings and will fail, after years likely and deservedly end up in the waste bin of “plans”.

      Len’s talk (in a Herald article) of wanting a third term, of this and that grandiose ideas, now thinking he can charge an extra tax on every Aucklander, that disqualifies him. He will be out by next election, indeed he is stuff that would make National proud. We do not need such crap.

      The CCOs must go altogether, and there should not be any ifs and buts, it is time to redraw the whole scheme for greater Auckland, and to bring back true democracy, which we have not.

      I am sick of what goes on in Auckland, and it is not just Len Brown, the whole council is full of self serving jerks, that do not really represent the interests of Auckland, certainly not the future of the city.

      • Chooky 1.1.1

        +100 xtasy…you make a lot of sense

      • Douglas Haig 1.1.2

        Expose “The Purple Corridor” I wholeheartedly agree we are all sick of what goes on in Auckland, and it is not just Len Brown, the whole Council including the CCOs is more than full of self serving jerks who do not represent the interests of Auckland. The fact that Len Brown remains confirms such view.

  2. RedLogix 2

    I’Great post karol. I admire the work you put into them. m going to flog this horse a third time because it is so pertinent.

    http://www.psa.org.nz/Libraries/PSA_Document_2/privatisation.sflb.ashx

    Over the past 14 years GWRC Bulk Water Division returned over $80m to Wellington ratepayers in terms of avoided rates. This came about from two factors:

    Sound and decent managers who understood their industry and acted in the public good.
    Staff who were capable and worked hard to find productivity gains via technology improvements.

    By contrast the private owners of the electricity network extract insane economic rents while arguably doing nothing for the actual asset.

  3. Sanctuary 3

    Mai Chen’s piece was basically of the sort which grown to great favour after thirty years of bi-partisan neoliberalism – an establishment technocrat offering a cool view in the tradition of the grandes écoles.

    As a believer in vigorous Ango-Saxon democracy, I am always suspicious of technocrats bearing gifts of TLAs and much prefer the democratically informed and formed views of elected citizens like Tony Holman when it comes to governance over the expenditure of public money.

  4. captain hook 4

    The thing abouth these so called businessmen is that they cant create anything. all they can do is steal from others. usually under cover of some neo-liberal bullshit philosophy. Stealing from Councils seems to be becoming easier and easier. Aucklanders must stand up now and remove this horrid canker from their local governance before its all gone and the piggies have taken everything. Time to take action. Its a pity that those who demonstrate against the mayor aren’t inclined to demonstrate against theft of the councils assets. There is a disjunction here that must be addressed by direct action if necessary. Moaning about it on this blog wont achieve anything.

  5. Penny Bright 5

    Back in 2010, when I stood as an Auckland Mayoral candidate in order to make a fuss about the issues, and oppose the ‘Supercity – Super Ripoff’ – this is what my little leaflet said:

    “IT’S TIME TO ROLLBACK ROGERNOMIC$!

    This is not ‘left’ vs ‘right’

    This is ‘public’ vs ‘corporate’.

    The $upercity agenda is about replacing thousands of ‘piggy in the middle’ private contractors with fewer but bigger multinational snouts into a bigger public trough.

    CUT OUT THE CONTRACTORS!

    You didn’t vote for this Auckland $upercity and Rogernomic$ blitzkreig, to seize control of $28 billion of Auckland public assets.

    7 (corporate) Council Controlled Organisations (CCOs) will grab 75% of Auckland regional rates.

    Do you want unelected businesspeople controlling your interests? These CCOs will be run like a business, by business, for business – setting up for future privatisation under Public Private Partnerships (PPPs).

    Have your rates gone down since the last council amalgamations? EVER?
    The $upercity legislation set up this corporate structure – it can and must be repealed.
    …………………

    Penny Bright
    ‘Anti-corruption / anti-privatisation Public Watchdog’

    • karol 5.1

      Yes, I think this is the crucial issue.

      Brown is the lesser of evil choice for Aucklanders, and he has limited parameters in which to move. I hope the left puts up a new choice for mayor next time round.

      But, the most crucial thing is the need for a change to the main structure of Auckland Council. Get rid of the CCOs, and a stronger role for councillors and local boards.

  6. James Thrace 6

    Overseas Interest v Kiwi Interests

    Nuff said.

  7. captain hook 7

    time to organise against these predators.

  8. Flip 8

    Privatisation means economic growth and we all want the economy to grow. Yeah Right.

    We do not care where the growth happens. All that extra income for the already wealthy will trickle down.

    Yeah Right.

Recent Comments

Recent Posts

  • ANZ has moral obligation to fully compensate farmers
      The ANZ Bank has a moral obligation to fully compensate farmers after the High Court today declared it breached the Fair Trading Act by misleadingly representing interest rate swap loans, Labour’s Primary Industries spokesperson Damien O’Connor says. The Commerce… ...
    9 hours ago
  • Fairfax can’t use restructure to cut terms and conditions
    The restructure and upheavals at Fairfax should not be used as an opportunity to cut journalists’ terms and conditions, Labour spokesperson for Labour Issues Iain Lees-Galloway says. “Businesses have to adapt to new technologies and consumer demands and there is… ...
    9 hours ago
  • McCully excuses unravel in Saudi sheep scandal
    Murray McCully has misled New Zealanders, Parliament and his Cabinet colleagues on the real reasons for paying millions of dollars in the Saudi sheep scandal – it’s time for him to clean, says Labour’s Export Growth and Trade spokesperson David… ...
    11 hours ago
  • Nats break health and education spending promises
    National has outstanding promises of almost $1 billion to be spent on health, education and agriculture from the Future Investment Fund but has only $536 million left in the fund, says Labour’s Finance spokesperson Grant Robertson. “John Key and Bill… ...
    11 hours ago
  • Manurewa youth leaders acknowledged
    The depth and breadth of leadership of youth throughout Manurewa, which has been recognized at the Youth Week Award ceremony held at Parliament this week, should make the community extremely proud, Manurewa Labour MP Louisa Wall says. “The 'Limitless Youth… ...
    12 hours ago
  • Oi Auckland Transport: fare’s fair
    Auckland Transport should go back to the drawing board on its proposal to charge commuters for its park-and-rides, Labour’s Transport spokesperson Phil Twyford says. “When we need to be getting people out of their cars and onto public transport, it’s… ...
    13 hours ago
  • Is Nick Smith making it up as he goes along?
      Housing Minister Nick Smith must release the list of Crown land parcels which formed the basis of the Government’s Budget announcement, Labour’s Housing spokesperson Phil Twyford. “If the public is to have any faith the Government is not just… ...
    13 hours ago
  • Norway moves first to dump coal investments
    The Green Party today called on the Government to secure cross-party support to sell its investments in coal mining companies.The Norwegian Parliament's finance committee agreed in a bipartisan motion yesterday to instruct the $1.2 trillion Government Pension Fund to sell… ...
    GreensBy Russel Norman MP
    15 hours ago
  • Fonterra payout $13b black hole over 2 years
    Fonterra’s dramatic cut to its forecast farmgate payout over this season and next will lead to a $13 billion black hole over two years, and shows the need for a plan to diversify the economy, says Labour’s Finance spokesperson Grant… ...
    16 hours ago
  • Labour calls for select ctte inquiry into Rural Broadband Initiative
    Labour is calling for an immediate inquiry into the flailing $300 million rural broadband initiative, before companies and consumers are forced to pick up the tab for the new $150 million broadband tax, says Labour’s ICT spokesperson Clare Curran. “Rural… ...
    16 hours ago
  • Public broadcasting takes big hit under National Government
    Public broadcasting funding has been cut by 25 per cent in real terms since the National Government took office in 2009, leading to the erosion of our once world-class news and current affairs culture, says Labour Broadcasting Spokesperson Clare Curran. … ...
    17 hours ago
  • Hospital food plan hits another snag
    The Government has been left with egg on its face with Hawke’s Bay District Health Board today giving a plan to outsource hospital food services the thumbs down, Labour’s Health spokesperson Annette King says. “Doing away with local kitchens by… ...
    1 day ago
  • Hospital food plan hits another sang
    The Government has been left with egg on its face with Hawke’s Bay District Health Board today giving a plan to outsource hospital food services the thumbs down, Labour’s Health spokesperson Annette King says. “Doing away with local kitchens by… ...
    1 day ago
  • Wilkinson appointment wrong in principle
    The appointment of former Conservation Minister Hon Kate Wilkinson as an Environment Commissioner is wrong in principle, says Labour’s Shadow Attorney-General David Parker. “The doctrine of separation of powers requires judicial processes to remain separate and independent from the legislature… ...
    1 day ago
  • McCully doesn’t deny bribe in Saudi sheep scandal
    “In Parliament today I asked Murray McCully directly: Why is he the first Minister in history to back a multi-million dollar facilitation arrangement which in other jurisdictions is called a bribe? says Labour’s Export Growth and Trade spokesperson David Parker.… ...
    1 day ago
  • National must back our future doctors
    National must support our future doctors and agree to the calls from the Medical Students’ Association and the Young Nats to lift the arbitrary 7 year cap on student loans for medical and dental students, Labour’s Tertiary Education Spokesperson David… ...
    1 day ago
  • Taxpayer the loser after Government folds
    Steven Joyce today admitted the main exhibition hall at the New Zealand International Convention Centre is 19 per cent smaller than what was described at the time other bidders were edged out of the process, Labour’s Economic Development spokesperson David… ...
    1 day ago
  • Govt’s lack of ambition for women
    Yesterday, the Government put out a media release entitled “Number of women leaders continues to grow”. It was to inform us that the percentage of women on state-appointed boards has increased to 41.7%, up from 41.1% in 2013. Well, woo-hoo… ...
    GreensBy Jan Logie MP
    2 days ago
  • Auditor-General exposes Key’s scapegoating of Council
    The National Government's blaming of Auckland Council for the city’s housing crisis has been exposed as scapegoating in the Office of the Auditor-General’s latest report, Labour’s Housing spokesperson Phil Twyford says. “The Auditor-General says Auckland Council’s part in fixing the… ...
    2 days ago
  • Reform – not money – needed for meat sector
    The National Government continues to throw good money after bad at the meat industry instead of addressing the fundamental problem of its dysfunctional structure, Labour’s Primary Industries spokesperson Damien O’Connor says. “The latest Primary Growth Partnership grant to the venison… ...
    2 days ago
  • Government cuts corners on school bus funding
    The safety of children – not cost cutting – should be the main objective behind the Government’s funding of school buses, Labour’s Education spokesperson Chris Hipkins says. “Buried in the detail of this year’s Budget are $19 million of funding… ...
    2 days ago
  • Women the losers under National’s cuts
    National’s poor performance in appointing women to state sector boards is set to get worse with funding cuts to the nomination service provided by the Ministry for Women, Labour’s Woman’s Affairs spokesperson Sue Moroney says. “Minister for Women Louise Upston… ...
    2 days ago
  • Help sought by agencies now asked to help
    The organisation Social Development Minister Anne Tolley has tasked with setting up an emergency hotline for stranded Relationships Aotearoa clients has just lost a bid for a government contract to launch a new national helpline, Labour’s Acting Social Development spokesperson… ...
    2 days ago
  • Wellington got loud again on climate
    On Monday night, in Wellington, I attended the last of the Government’s climate target consultation meetings. It was quite well attended with maybe 150 people, not bad for a second meeting with very little notice and, as far as I… ...
    GreensBy Jan Logie MP
    2 days ago
  • Final nail in coffin for Solid Energy workers
    Today’s confirmation of job losses at Solid Energy’s Stockton and Spring Creek mines shows the urgent need for new economic opportunities on the West Coast, Labour’s MP for West Coast-Tasman Damien O’Connor says. “Our economy can no longer rely on… ...
    2 days ago
  • Ramadi proves Iraq deployment high risk, low benefit
    The fall of Ramadi and the collapse of the Iraqi Army proves Labour was right to be concerned about the deployment of our troops to Iraq, Labour’s Defence spokesperson Phil Goff says. “The fall of Ramadi brings IS fighters within… ...
    2 days ago
  • English admits new taxes on the cards
    Eight months after pledging “no new taxes” at the election Bill English today admitted he would bring in more sneaky taxes along the lines of the border tax, says Labour’s Finance spokesperson Grant Robertson. “Not only did National bring in… ...
    2 days ago
  • What the Dickens is going on at SDHB?
    Problems at the financially-strapped Southern District Health Board appear to stretch to its HR department with information obtained by Labour showing it still records staff leave entitlements using manual book-keeping methods. “The Board’s draft 10-year plan document forecasts a cumulative… ...
    2 days ago
  • Teachers turn backs on new professional body
      The fact that just 56 per cent of nominations for the Education Council came from registered teachers shows the profession has turned its back on Hekia Parata’s new professional body, Labour’s Education spokesperson Chris Hipkins says. “Answers to written… ...
    2 days ago
  • No spade work done on big building plan
      Only a quarter of the 500 hectares of Crown land the Government wants to use for new homes is understood to be suitable for building on, Labour’s Housing spokesperson Phil Twyford says. “This was National’s bold new idea to… ...
    2 days ago
  • National: Seven KiwiSaver cuts in seven years
    National’s campaign of KiwiSaver cuts has reached seven in seven years as it dismantles KiwiSaver block by block, Labour Leader Andrew Little says. “KiwiSaver is critical to establishing a savings culture in New Zealand but National has taken a jenga-style… ...
    2 days ago
  • Tolley’s actions contradict reassurances
    Social Development Minister Anne Tolley has serious questions to answer following the forced closure of Relationships Aotearoa just days after her reassurances she was looking at ways to keep the service operating, Labour’s Acting Social Development spokesperson Annette King says.… ...
    3 days ago
  • SkyCity downsize another broken promise
    The downsized SkyCity Convention Centre does not deliver on the promised iconic world-class centre and shows the true extent of Steven Joyce’s incompetence, Labour Leader Andrew Little said today. “New Zealanders were promised an iconic world-class convention centre that would… ...
    3 days ago
  • Te Arawa partnership model a step closer
    Councils around New Zealand have an opportunity to improve their consultation with Iwi Māori by following Rotorua District Council’s Te Arawa Partnership Model, Labour’s Māori Development spokesperson Nanaia Mahuta says. “The Rotorua District Council will today decide whether to adopt… ...
    3 days ago
  • Labour mourns Dame Dorothy Fraser
    Labour Leader Andrew Little said the party is today mourning the loss of the youngest person to join the Labour Party, Dame Dorothy Fraser, who went on to be a stalwart of the Dunedin community and tireless worker for others.… ...
    3 days ago
  • The ultimate scapegoat: PM blames fruit fly for new tax
    The Prime Minister has found the ultimate scapegoat for breaking his promise not to introduce a new tax – the Queensland fruit fly, Labour’s Biosecurity spokesperson Damien O’Connor says. “John Key’s first policy upon taking office and assigning himself the… ...
    4 days ago
  • How many victims missing out on protection?
    Hundreds of domestic abuse victims could be missing out on getting protection orders because they are unable to get legal aid, Labour’s Justice spokesperson Jacinda Ardern says.“In the last two years some 351 people who applied for legal aid for… ...
    5 days ago
  • Government kicks hardworking whanau
    A major incentive to help young Kiwis and people on low incomes to start saving has been kicked out from under them with the National-led Government ramming through short-sighted legislation under Urgency today, Labour’s Maori Development Spokesperson Nanaia Mahuta says.… ...
    5 days ago
  • Speculator tax political stunt gone wrong
    Bill English’s admission he doesn’t know whether National’s new speculator tax will have any effect shows last weekend’s announcement by the Prime Minister was a desperate political stunt, says Labour’s Housing spokesperson Phil Twyford. “This Government is so desperate to… ...
    5 days ago
  • The value of parenting
    This week, as part of the Budget, the government introduced a bill to address child poverty. This bill will require parents receiving income support to look for part-time work once their youngest child is three years of age rather than… ...
    GreensBy Jan Logie MP
    6 days ago
  • Another new tax, another broken promise
    National has unveiled yet another new tax in this budget – a rural broadband levy that will almost certainly result in an immediate price hike for internet and telephone connections across New Zealand, Labour’s ICT spokesperson Clare Curran said “The… ...
    6 days ago
  • Anniversary of Sri Lankan Tamil Massacre
    This is not going to be a happy story but if the Green Party of Aotearoa doesn’t want to know who else will? May 18th marks the anniversary of what is known as the ‘Mullivaikal massacre’ of Tamils in 2009 at… ...
    GreensBy Catherine Delahunty MP
    6 days ago
  • Labour MPs join youth to take part in 40 hour famine
    A team of Labour MPs took part in the 2015 World Vision 40 hour famine and we were told by World Vision and the young people, that it was the first time MPs had joined them and how appreciative they… ...
    6 days ago
  • Rodeo: ‘Family entertainment’ or animal abuse?
    Recently  TVNZ ran a story with confronting footage showing rodeo animals being punched, repeatedly shocked with electronic prods and having their tails violently twisted over their backs. It was clear that significant force was being used behind the scenes to make… ...
    GreensBy Mojo Mathers MP
    6 days ago
  • Budget puts the squeeze on police
    The Government has cut funding to the New Zealand police force in the latest Budget, says Labour’s Police spokesperson Kelvin Davis. “The reduction is a whopping $15.3 million that could put front line officers at risk. ...
    6 days ago
  • Crucial social services take another hit
    The Government looks set to slash half a million dollars of funding for critical social services, including Women’s Refuge and Barnados, says Labour’s Social Development spokesperson Carmel Sepuloni “Taking $500,000 from organisations aimed at improving the lives of vulnerable families… ...
    6 days ago
  • Saying it Loud on Climate in Christchurch
    The Government’s Christchurch consultation meeting on New Zealand’s emission targets was inspiring – not for what was in the Ministry for the Environment’s (MFE’s) defeatist video about the obstacles to changing to a low carbon future, but for what the… ...
    GreensBy Eugenie Sage MP
    7 days ago
  • Budget silent on small business
    The Government has completely ignored one of the most important sectors of the economy – small and medium-sized enterprises – in Budget 2015, Labour’s Small Business spokesperson Jacinda Ardern says. "A stunning 41 per cent of jobs were created by… ...
    7 days ago
  • Thank you John, it’s been bloody marvellous
    The departure of John Campbell is a blow to current affairs investigative journalism, Labour’s Broadcasting Spokesperson Clare Curran says. “Campbell Live stood out in its field. Its axing comes as local broadcasting in New Zealand remains in a state of… ...
    7 days ago
  • KiwiSaver cut shows no long-term plan
    National’s cutting of the KiwiSaver kickstart is incredibly short-term thinking, typical of a Budget that is woefully short on ideas to generate wealth and opportunity, Labour’s Finance spokesperson Grant Robertson says. “New Zealand’s savings rate is far too low. KiwiSaver… ...
    7 days ago

Public service advertisements by The Standard

Current CO2 level in the atmosphere