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Nats clueless on privatisation consequences

Written By: - Date published: 11:01 am, September 7th, 2011 - 17 comments
Categories: bill english, david cunliffe, david parker, energy, national, phil goff, privatisation - Tags:

This year, the government made Meridian sell some dams to Genesis, which funded the purchase by borrowing. Meridian then paid a special dividend to the Crown. It made both Genesis and Meridian worth less. A government couldn’t make those kind of reforms if it had to consider private investors’ rights. Pretty simple, eh? Tell that to Hekia Parata.

Hon David Parker: Could steps like the requirement to sell those assets from Meridian Energy to Genesis Energy have been taken if Meridian Energy and Genesis Energy had been in partial private ownership; if so, how would the Government have achieved that?

Hon HEKIA PARATA: That is not the situation we have, and speculating on what might happen under what is proposed does not seem to me to be a reasonable question.

Hon David Parker: Is the Minister then now giving notice to anyone considering buying shares in these companies if they are sold that National might, for market reasons, intervene, with repercussions on the value of shares?

Hon HEKIA PARATA: No.

Hon David Parker: Is the Minister then now admitting that following the privatisation of shares in Meridian Energy and Genesis Energy, the Government’s ability to intervene in the market in order to get better prices is to be constrained?

Hon HEKIA PARATA: No. [Laughter]

National can’t have it both ways. Either potential investors in electricity companies have to know that purchasing shares in these companies comes with the risk that the government will, as it frequently does, use its legislative ability to drastically reform the industry and stuff their share price; or future governments wouldn’t be able to intervene, as National has, in the interests of the public because they would have to consider the rights of private investors and we really will not own our future.

Meanwhile, Bill English thinks that the fact that markets are plummeting worldwide is a good reason to be trying to sell assets on to those markets. Crazy. He also admits that at least 20-30% of what he wants to sell would go overseas.

Finally, Goff smacked the issue of foreign ownership home with English admitting there would be nothing to stop foreign buyers snapping up all the shares after an initial float.

17 comments on “Nats clueless on privatisation consequences”

  1. tc 1

    Send in the trolls……the share price may suffer but the return will still be healthy and aren’t investors in share markets meant to take a long term view anyway so prioce irrelevant ?…cue the trolls.

    • aerobubble 1.1

      Investors returns have been exceptionally high in the US, so much so
      the US has been printing money to keep up with expectations of
      investor… what did you say… long term view.

    • freedom 1.2

      methinks tc ignores the barb!
      if Assets are sold, the public must forfeit the protection of their government’s power to control pricing.
      It is not rocket science. Why sell what you already own and is of benefit to all ?

  2. Draco T Bastard 2

    …or future governments wouldn’t be able to intervene, as National has, in the interests of the public…

    Nat8ional didn’t intervene in the interest of the public. What they did was intervene to prop up/hide their own mismanagement of the economy – it was all about getting that $520m special dividend. The public will be worse off due to the government mandated restructuring.

  3. randal 3

    This gutting of our country is beocming too painful to bear. We are just becoming organisms to be squeezed dry and then tossed away till the next bunch of simpletons comes along. Why dont they turn off the teevee staions and close down all the other energy extravaganzas and let people become self reliant instead of erecting more and more gilded palaces of sin.

  4. Olwyn 4

    I would actually like to see some honesty here, rather than an ongoing PR fairytale that no one believes. Does National think that any good whatsoever will come to NZ from selling these assets? If so, what is this good, and what is meant by the term NZ? The people who live in it, some of the people who live in it, approval from people who do not live in it & only care if it sinks into the sea insofar as they have a few dollars invested in it – can someone who actually knows enlighten us all?

    And if we are using the government to reduce government, why? What good,in plain terms, would result and who would it be good for?

    In the absence of anything more than fluff, smiles and lavender ties, it is hard to get away from the idea that the age of capitalism is more or less over, and that what we have in its stead is neo-feudalism with a business facade. It is a bit like the song about the man who cannot mend his roof when it is raining and does not need to when it is not raining. Give us tax cuts and assets, cry the international rich, so we can invest in things and create jobs, followed by, now that we have what we want, we do not need to do anything that creates jobs. We are doing quite well as it is, so suck on that, peasants.

    • Lanthanide 4.1

      I think (muted) public acceptance for asset sales isn’t that they will any good to NZ, just that they’re the “least bad” option we have at the moment.

      • Campbell Larsen 4.1.1

        “(muted) public acceptance for asset sales”
        “the “least bad” option we have at the moment.”

        Don’t believe the spin. The majority of the public don’t like AS at all, and they are quite possibly the very worst option that we have.

      • Colonial Viper 4.1.2

        I think its clear that people favour a CGT and a higher income tax rate when they are presented as alternatives to asset sales.

        Pah, Labour should just announce a renationalisation programme with compensation equalling cost less 10%.

        • freedom 4.1.2.1

          +1
          and deduct the ‘wiring and maintenance’ payments, both residential and commercial, that have been paid to these companies for say the last five years. It allows the companies to escape with a modicum of good faith that the money was actually spent on wiring and maintenance, even though the reality is certain to be no better than Kiwirail discovered when it looked in the shed.

  5. HC 5

    One other aspect with legal significance should be thrown into this debate!

    As far as I am informed the FTA with Mainland China has provisions that ensure, that investing companies or individuals from either country that is part to the FTA (which obviously includes NZ as that “other” party), must be treated in the same way as investors are treated that are native to the other country. This basically means that NZ cannot legislate to treat any investor from China differently to any investor locally in NZ.

    If that is true and not dependent on any particular conditions, then this means, that Chinese investors cannot be disadvantaged when shares in companies for sale are being offered to the public and market. So all this talk about 10 % caps for overseas investors is nonsensical, because it could and likely would be challenged before the courts. So once again we get government smart talk and propaganda, which will prove to be as hollow and the Prime Minister and his fellow ministers are themselves when it comes to honesty and integrity.

    If a National led government would offer 49 % of energy companies for sale, then companies or other investors from Mainland China at least could claim, that they have a right to be treated as a NZ investor, who the P.M. likes to cosily refer to as “mum and dad investors”.

    What a joke all this is!

  6. feijoa 6

    Thanks for that HC. Globalised free trade smacks us again.Perhaps Cunliffe should ask Blinglish about that too

    • HC 6.1

      Trusting that this does not breach any copyright rules, because it is simply an excerpt of text form the FTA between Mainland China and New Zealand, which can be viewed and downloaded free of charge from the following website page ‘http://www.chinafta.govt.nz/1-The-agreement/2-Text-of-the-agreement/12-Chapt-11-Investment/index.php’ , a view at the following will hopefully clarify what asset sales of NZ assets means:

      Article 137 Scope

      1. This Chapter applies to measures adopted or maintained by a Party relating to:

      investors of the other Party;
      investments of investors of the other Party.

      2. This Chapter shall not apply to measures adopted or maintained by a Party affecting trade in services.

      3. Notwithstanding paragraph 2, for the purpose of protection of investment with respect to the commercial presence mode of service supply, Articles 14210, 143, 144, 145 and 148 shall apply to any measure affecting the supply of a service by a service supplier of a Party through commercial presence in the territory of the other Party. Section 2 shall apply to Articles 142, 143, 144, 145 and 148 with respect to the supply of a service through commercial presence.

      4. For greater certainty, the provisions of this Chapter do not bind either Party in relation to any act or fact that took place or any situation that ceased to exist before the date of entry into force of this Agreement.

      5. This Chapter shall not apply to:

      subsidies or grants provided by a Party; or
      laws, regulations, policies or procedures of general application governing the procurement by government agencies of goods and services purchased for governmental purposes and not with a view to commercial resale or with a view to use in the production of goods or the supply of services for commercial sale.

      6. This Chapter shall apply to all investments made by investors of a Party in the territory of the other Party, whether made before or after the entry into force of this Agreement, but Section 2 shall not apply to any dispute or any claim concerning an investment which was already under judicial or arbitral process before the entry into force of this Agreement.

      Article 138 National Treatment

      Each Party shall accord to investments and activities associated with such investments, with respect to management, conduct, operation, maintenance, use, enjoyment or disposal, by the investors of the other Party treatment no less favourable than that accorded, in like circumstances, to the investments and associated activities by its own investors.

      Article 139 Most-favoured-nation Treatment

      1. Each Party shall accord to investors, investments and activities associated with such investments by investors of the other Party treatment no less favourable than that accorded, in like circumstances, to the investments and associated activities by the investors of any third country with respect to admission, expansion, management, conduct, operation, maintenance, use, enjoyment and disposal.

      2. For greater certainty, the obligation in this Article does not encompass a requirement to extend to investors of the other Party dispute resolution procedures other than those set out in this Chapter.

      3. Notwithstanding paragraph 1, the Parties reserve the right to adopt or maintain any measure that accords differential treatment to third countries under any free trade agreement or multilateral international agreement in force or signed prior to the date of entry into force of this Agreement.

      4. For greater certainty, paragraph 3 includes, in respect of agreements on the liberalisation of trade in goods or services or investment, any measures taken as part of a wider process of economic integration or trade liberalisation between the parties to such agreements.

      5. The Parties reserve the right to adopt or maintain any measure that accords differential treatment to third countries under any international agreement in force or signed after the date of entry into force of this Agreement involving:

      fisheries; and
      maritime matters.

      Article 140 Performance Requirements

      The Parties agree that the provisions of the WTO Agreement on Trade-Related Investment Measures are incorporated mutatis mutandis into this Agreement and shall apply with respect to all investments falling within the scope of this Chapter.

      Article 141 Non-Conforming Measures

      1. Article 138 does not apply to:

      any existing non-conforming measures maintained within its territory;
      the continuation of any non-conforming measure referred to in subparagraph (a);
      an amendment to any non-conforming measure referred to in subparagraph (a) to the extent that the amendment does not increase the non-conformity of the measure, as it existed immediately before the amendment, with those obligations.

      2. The Parties will endeavour to progressively remove the non-conforming measures.

      3. Notwithstanding anything in paragraph 1, Article 138 shall not apply to any measure, which with respect to each Party, would not be within the scope of the national treatment obligations in any of that Party’s existing bilateral investment treaties.

      Article 142 Transfers

      1. Except in the circumstances envisaged in Article 202, each Party shall grant to investors of the other Party the free transfer of all payments relating to an investment, including more particularly:

      amounts necessary for establishing, maintaining or expanding the investment11;
      returns from investments, including profits, dividends, interests and other income;
      royalty payments, management fees, technical assistance and other fees;
      proceeds obtained from the total or partial sale or liquidation of investments, or amounts obtained from the reduction in investment capital;
      payments made pursuant to a loan agreement in connection with investments;
      amounts necessary for payments under a contract, including amounts necessary for repayment of loans, royalties and other payments resulting from licences, franchises, concessions and other similar rights;
      earnings and other remuneration of personnel engaged from abroad in connection with that investment;
      payments made pursuant to Articles 144 and 145; and
      payments arising out of the settlement of a dispute.

      2. The transfers referred to in paragraph 1 shall be made without delay in a freely convertible currency and at the prevailing market rate of exchange applicable within the Party accepting the investments on the date of transfer. In the event that the market rate of exchange does not exist, the rate of exchange shall correspond to the cross rate obtained from those rates which would be applied by the International Monetary Fund on the date of payment for conversions of the currencies concerned into Special Drawing Rights.

      3. In the case of China, the obligations in paragraph 1 shall apply provided that the transfer shall comply with the relevant formalities stipulated by the present laws and regulations of China relating to exchange control provided that:

      these formalities shall not be used as a means of avoiding China’s commitments or obligations under this Agreement;
      in this respect, China shall accord to investors of New Zealand treatment no less favourable than it accords to investors of any third country;
      the formalities shall be effected within such period as is normally required for the completion of transfer formalities. The said period shall commence on the day on which the relevant request has been submitted to the relevant foreign exchange administration with full and authentic documentation and information and may on no account exceed 60 days;
      transfer formalities relating to an investment shall in no case be made more restrictive than formalities required at the time when the original investment was made; and
      to the extent that these formalities are no longer required according to the relevant laws of China, Article 142 shall apply without restrictions.

      4. Notwithstanding paragraphs 1 and 2, a Party may prevent a transfer through the equitable, non-discriminatory and good faith application of its laws relating to:

      bankruptcy, insolvency, or the protection of the rights of creditors;
      issuing, trading or dealing in securities, futures or derivatives;
      criminal or penal offences;
      financial reporting or record keeping of transfers when necessary to assist law enforcement or financial regulatory authorities; or
      ensuring compliance with orders or judgments in judicial or administrative proceedings.

      5. Nothing in paragraph 3 shall affect the free transfer of compensation paid under Articles 144 and 145.

      6. Neither Party may require its investors to transfer or penalize its investors that fail to transfer the income, earnings, profits or other amounts derived from or attributable to investments in the territory of the other Party.

      7. In the case of China, the obligations in paragraph 6 apply only to the extent allowed by the relevant laws and regulations of China relating to exchange control, provided that paragraph 6 shall apply without restrictions to the extent that these laws and regulations no longer apply under China’s law.

      Article 143 Fair and Equitable Treatment

      1. Investments of investors of each Party shall at all times be accorded fair and equitable treatment and shall enjoy the full protection and security in the territory of the other Party in accordance with commonly accepted rules of international law.

      2. Fair and equitable treatment includes the obligation to ensure that, having regard to general principles of law, investors are not denied justice or treated unfairly or inequitably in any legal or administrative proceeding affecting the investments of the investor.

      3. Full protection and security requires each Party to take such measures as may be reasonably necessary in the exercise of its authority to ensure the protection and security of the investment.

      4. Neither Party shall take any unreasonable or discriminatory measures against the management, maintenance, use, enjoyment and disposal of the investments by the investors of the other Party.

      5. A violation of any other article of this Chapter does not establish that there has been a violation of this Article.

      Offering shares/assets like electricity companies for sale in NZ should according to this not disadvantage any investors from Mainland China, because according to the China NZ FTA they are supposed to be treated in the same way as investors in NZ.

      Any feedback on this would be welcome! H.C.

      • Colonial Viper 6.1.1

        Lots on the protection of the rights of the foreign “investors” and fuck all on the protection of the rights of non-investor “citizens”.

        In other words a fancy document written by investors gifting each another lots of protections and benefits, and giving the citizens and the government very few protections and benefits.

        What a farce.

        • HC 6.1.1.1

          Also have a look at a letter or official statement that was agreed upon in addition to the FTA between Mainland China and NZ. This is for entry of professionals from Mainland China to NZ to be able to work here. It is in a sense OK, but presuming that the NZ signer of it also signed the FTA, we have a bit of a problem.

          http://www.chinafta.govt.nz/1-The-agreement/2-Text-of-the-agreement/20-Annexes/0-downloads/skilled-workers-side-letter.pdf

        • HC 6.1.1.2

          CV – It is the lack of response here, the repeated hypocrisy I have experienced with Labour, the denial of past mistakes, past wrongdoings, the arrogance of always being right, the failure to listen to the really poor, namely beneficiaries, the lack of defence of the poor and downtrodden and cheated in this society, the hesitation to do bring about the necessary revolution we need in our economy, society, technological and environmental development, why I WOULD NEVER EVER VOTE LABOUR AGAIN!

          I did this a few times in the past, but my vote will go somewhere else for sure. And the developments in other comparable countries proves that new parties or formerly fringe parties will become stronger and more reliable parties, which will change the political landscape (also in NZ) very, very profoundly.

          I will welcome that day we get rid of lies, power hunger, the stuffly old and rotten “old boys” or “old sister’s network”.

          Get this country turned inside out and rebuilt from scratch, maybe even join joint ventures with some progressive companies to establish a sustainable, progressive, environmentally friendly and socially more cohesive society than we have had for nearly 3 decades now.

          I am very frustrated, angry and looking forward for REAL change. That is where I come from, and if this rocks the atmosphere on this website and blog, the better so, as it is exactly what NZ needs.

  7. Very good to see that Labour have exploited the obvious contradiction in the National Party’s stance on this – as I urged them to do here.

    The idea that a 49% sell-off of shares maintains the level of decision-making control the government currently enjoys is just rubbish. Having John Key sing this toxic lullaby into the public’s moist little ears is almost too much to bear.

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    CTUBy andrew.chick
    16 hours ago
  • Genius from google
    PacMan on google maps. I'm guessing for today only. Complete genius. Sweet! Just click on the PacMan logo on the bottom left and you're off. The Courtenay Place end of Wellington is easier to play than the Parliament end.… ...
    PolityBy Rob Salmond
    17 hours ago
  • Hard News: The GCSB and the consequences of mass surveillance
    Fewer whistleblowers, more corruption, less stability.That's the assessment of longtime Pacific journalist Jason Brown of the impact of the revelation that the GCSB has been conducting "full take" collection of communications in Samoa, Fiji, Solomon Islands and other Pacific nations… ...
    17 hours ago
  • Paid Parental leave increases – but more work needed
    Workers are pleased that, from today, paid parental leave increases from 14 to 16 weeks, but unfortunately New Zealand is still well behind the support that other countries offer to new parents, the Council of Trade Unions said. Photo:  … ...
    CTUBy Huia.Welton
    17 hours ago
  • QOTD: snark vs smarm
    From the epic On Smarm by Tom Scocca at Gawker: Snark is often conflated with cynicism, which is a troublesome misreading. Snark may speak in cynical terms about a cynical world, but it is not cynicism itself. It is a theory of… ...
    Boots TheoryBy Stephanie Rodgers
    17 hours ago
  • Birkenhead Transport orders triple-articulated double decker bus
    Birkenhead Transport announced today that it is planning replace its entire fleet with a single triple-articulated double decker bus. The bus is 57m long and over 4m tall. The Walfisch 57 double decker triple-bendy bus. Owner, managing director and part… ...
    17 hours ago
  • The X Factor NZ: That summer feeling
    Improvements have been made, true contenders are emerging and Dominic Bowden only grows in power.   X Factor NZ judges Shelton Woolwright, Natalie Bassingthwaighte, Stan Walker and Melanie Blatt. Photo: The X Factor NZ A good X… ...
    17 hours ago
  • MPs back animal testing ban
    From left, owner of Crumpet the Rabbit Greta-Mae McDowell, Green Party MP Mojo Mathers and #BeCrueltyFree campaigner Tara Jackson. MPs have unanimously supported a ban on animal testing in New Zealand for finished cosmetic products and their… ...
    18 hours ago
  • The other missing mode
    Here at TransportBlog, we often write about “missing modes“. Auckland is shamefully underprovided with alternatives to driving, and that’s the situation that led to us developing the Congestion Free Network. The CFN calls for investment in rail, bus and potentially… ...
    Transport BlogBy John Polkinghorne
    19 hours ago

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  • Many regions need by-election levels of support
    Northland is not the only region struggling under the National Government, but unfortunately places like Gisborne, Whanganui and Tasman do not have by-elections on the horizon, Labour’s Economic Development spokesperson David Clark says. “A desperate National Party has thrown money… ...
    11 hours ago
  • Real changes must come from CYF review
    A well-overdue revamp of Child, Youth and Family cannot be just another cost cutting exercise, Labour’s Children’s spokesperson Jacinda Ardern says. “Labour has been pushing for a review for some time. It was part of our policy at the election. ...
    12 hours ago
  • Latest Air NZ plan carries on regional snub
    Christchurch Labour Members of Parliament have secured a meeting with Air New Zealand boss Christopher Luxon following the airline’s decision to cut its Christchurch to Tokyo summer flights.  They are also calling on the Minister of Transport Simon Bridges to… ...
    1 day ago
  • Carmel Sepuloni back in Social Development role
    Andrew Little has reinstated Carmel Sepuloni as Labour’s Social Development spokesperson following the sentencing of her mother in the New Plymouth District Court today. “It has been a tough time for Carmel, but we both agreed it was appropriate she… ...
    1 day ago
  • Government taking Kiwis for April Fools
    Many Kiwis will be wondering if the joke is on them when a raft of Government changes come into effect tomorrow, Labour Leader Andrew Little says. “First is ACC and National’s unwillingness to end its rort of Kiwi businesses which… ...
    2 days ago
  • Time to show RMA housing affordability plans
    Labour is challenging the Government to reveal its plans to make housing more affordable through amending the Resource Management Act, Labour’s Housing spokesperson Phil Twyford says. “Labour remains willing to consider the proposals on housing affordability on their merits and… ...
    2 days ago
  • John Key now admits no broad support for RMA changes
    John Key has now been forced to admit that he never had the broad political support to gut the Resource Management Act, says Labour’s Environment spokesperson Megan Woods. “Cornerstone legislation such as the RMA should never be changed without genuine… ...
    3 days ago
  • National’s changes leave student bodies in chaos
    The chaos created by National’s scrapping of compulsory student association membership may force the 86-year old Union of Students Association to fold, Labour’s Tertiary Education spokesperson David Cunliffe says. “National’s 2011 Voluntary Student Membership Act has left student associations with… ...
    3 days ago
  • Tragedy must be impetus for better training
    The Police Minister needs to explain why unsworn and inadequately trained custody officers were put in a situation of caring for a medically unwell prisoner on a busy Saturday night, Labour’s Police spokesperson Kelvin Davis says. Commenting on an IPCA… ...
    5 days ago
  • Government must be more transparent on investor state clauses
    The Government must be more transparent around the draft investor state dispute settlements in the TPPA, says David Parker, Labour’s Export Growth and Trade spokesperson. “Labour is pro trade, and is proud of the FTA we negotiated with China, which… ...
    6 days ago
  • Protect university staff and student voices
    The Green Party believes ensuring student and staff representation on university councils is important. National recently passed a law reducing the size of university governance councils while increasing the proportion of the members nominated by, guess who… Steven Joyce. The… ...
    GreensBy Gareth Hughes MP
    6 days ago
  • C’mon Nick what’s the truth on the RMA
     “Nick Smith has got to fess up and tell us what is happening to his much vaunted RMA reform, Labour’s Environment spokesperson Megan Woods says.  “With just a day and a half to go before the polls open in Northland,… ...
    6 days ago
  • SSC salaries sink National’s spending spin
    Massive pay rises at the State Services Commission prove National’s claims of clamping down on spending in the public sector are simply fantasy, Labour’s State Services spokesman Kris Faafoi says. “Salaries in this one department are almost $70,000 more than… ...
    6 days ago
  • We can fix Christchurch and keep our assets
    The Christchurch City Council is seeking public feedback on its proposed 10 year plan for Council revenue and spending. This is probably one of the most significant 10 year plans ever to be written by a local council because of… ...
    GreensBy Eugenie Sage MP
    7 days ago
  • Epidemic of serious assaults in our prisons
    Labour wants stab proof vests and pepper spray for all corrections officers to keep them safe from the epidemic of serious prison assaults that are occurring around the country’s jails, says Labour’s Corrections Spokesperson Kelvin Davis.  “There have been five… ...
    7 days ago
  • Listen to the locals Hekia!
    Minister Hekia Parata needs to understand what consultation is, Port Hills MP Ruth Dyson says. “It means you have to listen to what people say in their submissions and then be able to demonstrate you have considered their views when… ...
    1 week ago
  • Thanking our caregivers
    Let’s celebrate and thank our caregivers. This week is caregivers’ week. It’s a chance to acknowledge the thousands of women, and occasional other person, who are caring for the elderly and disabled in our country. They hold people’s lives in… ...
    GreensBy Jan Logie MP
    1 week ago
  • Mana Post shop the best outcome for community
    Labour MP for Mana Kris Faafoi has welcomed the move to place the services from the Mana Post shop to a local small business. “This is the best outcome for the community we could ask for. All the vital services… ...
    1 week ago
  • Roundup: UN finds it “probably” causes cancer
    At last the UN has spoken out against the widely-used weedkiller Roundup. The UN’s International Agency for Research on Cancer has identified glyphosate, the principle ingredient in Roundup, as a probable carcinogen. They also include as probable carcinogens the insecticides… ...
    GreensBy Steffan Browning MP
    1 week ago
  • World water day: eight rivers in one day
    Our photo journey started by the Waioweka (also known as Waioeka) River which flows from Te Urewera to Opotiki, and is surrounded by beautiful forest. The water looked great! Kopeopeo Canal It contrasted greatly with the Kopeopeo Canal near Whakatane,… ...
    GreensBy Catherine Delahunty MP
    1 week ago
  • We all benefit when education meets everyone’s needs
    As Dyslexia week comes to a close,  Dyslexia NZ have reminded us that around 10% of our citizens are dyslexic and are entitled to better support. One of their strongest arguments is that failure to provide identification and support for… ...
    GreensBy Catherine Delahunty MP
    1 week ago
  • Big change starts small
    Today marks Race Relations Day in New Zealand. Race Relations Day coincides with the International Day for the Elimination of Racial Discrimination.  The United Nations General Assembly chose this day as it marks the day in 1960 when 69 peaceful… ...
    GreensBy Denise Roche MP
    2 weeks ago
  • Israel, Palestine and the question of statehood
    The knife-edge election in Israel complicates the Middle East situation, even more than usual. The Prime Minister-elect, Binyamin Netanyahu, is moving to form a government. Netanyahu has indicated that, during his term, a Palestinian state would not be established. That… ...
    GreensBy Kennedy Graham MP
    2 weeks ago
  • Christchurch transport goes backwards
    The Green Party has a vision of a liveable, accessible Christchurch with a sense of identity and strong connected communities. Instead, 2013 census figures released by Statistics New Zealand reveal a fractured community, and tell a story of frustrated Christchurch commuters… ...
    GreensBy Eugenie Sage MP
    2 weeks ago
  • Super Fund should divest $140 million in high risk coal
    The Green Party is calling on the New Zealand Super Fund to divest their $140 million investment in coal companies that are vulnerable to becoming financially stranded according to a damning new report from Oxford University. The Smith School of… ...
    GreensBy Russel Norman MP
    2 weeks ago
  • Learn to count with Mark Osborne: 0 + 1 = ?
    The adage about the first casualty of war being truth is one that might often be applied to the political battle for hearts and minds, and of course votes. A rather unfortunate example of this has been arriving in the… ...
    GreensBy David Clendon MP
    2 weeks ago
  • Is it still a safety net when the holes are this big?
    Over the last few weeks I’ve been wondering how safe our income support system is for people, especially those with cognitive or learning disabilities. I’ve been trying to support a young man who was severely injured in a workplace accident… ...
    GreensBy Jan Logie MP
    2 weeks ago
  • Pasifika – protecting the Pacific needed now more than ever.
    Over the weekend thousands of Aucklanders flocked to celebrate our city’s diverse Pacific communities and cultures at the annual Pasifika festival and the Greens were there to join them. The Pasifika festival has been held every year for 23… ...
    GreensBy Denise Roche MP
    2 weeks ago
  • Sounds Stakeholders Seek a Sustainable Future
    It was heartening to see a large number of people who care about the Marlborough Sounds come together at the Marlborough Marine Futures’ forum in Picton on March 8. Fellow Green MP Steffan Browning, who lives in Marlborough, and I… ...
    GreensBy Eugenie Sage MP
    3 weeks ago

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