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Posts Tagged ‘privatisation’

Tell the police, New Zealand has been robbed …

Written By: - Date published: 10:56 am, April 17th, 2014 - 72 comments

hydroelectric power generation dam asset sales

Genesis Energy’s shares have been sold at a price well below their value.  And despite considerable demand from local mum and dad investors one in four of the shares has been sold to overseas institutions.

Mighty Big Gamble on Mighty Big Gift

Written By: - Date published: 8:43 pm, August 20th, 2013 - 19 comments

money into pocket

Hey John, how much public money are you going to pay the wealthy to “buy” our assets? (And how just desperate are you…?)

Market not impressed with $30 Million payout

Written By: - Date published: 7:11 am, August 9th, 2013 - 89 comments

not-yours-to-sell

Yesterday John Key gave $30 Million of tax payer’s money to Rio Tinto in order to prop up its electricity deal with Meridian – and thus to prop up his privatisation ideology. Mighty River Power shares took a hit. Smart investors getting out?

Another $30 Million to prop up Meridian sale

Written By: - Date published: 10:08 am, August 8th, 2013 - 55 comments

not-yours-to-sell

John Key just spent another $30 Million of tax payer’s money to prop up his privatisation ideology.

Meridian sale panic

Written By: - Date published: 7:46 am, July 5th, 2013 - 45 comments

money into pocket

The Nats must be panicking about the prospects for the sale of Meridian – because they’re resorting to extraordinary tactics.

Christchurch schools for sale

Written By: - Date published: 10:32 am, June 4th, 2013 - 16 comments

school-sale

Recently closed Christchurch schools, which according to the Nats don’t have the student base and/or are too quake damaged to keep running, are going to be sold off for purposes including – charter schools.

The wheels are falling off

Written By: - Date published: 8:32 am, May 28th, 2013 - 59 comments

wheels-off

The Nats have tried to do too much too soon, and now the wheels are obviously falling off their sad “flagship” privatisation programme.

MRP sale fail numbers

Written By: - Date published: 6:03 am, May 9th, 2013 - 192 comments

key fail

Here are the numbers that sum up the MRP sale fail – foremost among them the $1,000 that the government has spent per Kiwi investor attracted.

Asset sales petition has more work to do

Written By: - Date published: 2:41 pm, May 7th, 2013 - 142 comments

not-yours-to-sell

Breaking – The asset sales referendum petition has collected 292,000 valid signatures. It needs 16,500 more (about another 5%) to reach the threshold. The Keep Our Assets Coalition has 2 months to get the remainder – and says it will get them…

Rio Tinto ups the ante

Written By: - Date published: 10:02 am, April 2nd, 2013 - 166 comments

money into pocket

Our “let’s make a deal” PM is outclassed on this one. I actually have some sympathy this time, the government is between a rock and a hard place. But while most of us worry about Southland, I suspect the Nats’ concerns will be a little closer to home…

Body on Mighty River

Written By: - Date published: 9:45 am, February 22nd, 2013 - 14 comments

body-on-mighty-river300

Judicial review of water ownership rejected

Written By: - Date published: 9:53 pm, December 11th, 2012 - 17 comments

not for sale dam

A win for the Nats, a loss for the country. The Maori Council’s request for a judicial review of water rights has been rejected.

Mighty River sale on hold

Written By: - Date published: 2:32 pm, October 23rd, 2012 - 28 comments

not for sale benmore

As expected, the High Court advised today that the government should hold off sale of Mighty River Power. The government is complying.

Asset sales grind on

Written By: - Date published: 5:50 pm, October 15th, 2012 - 37 comments

aotearoa-is-not-for-sale-rally-thumb

Amidst all the current scandal and chaos, the Nats’ privatisation agenda grinds on.

Harawira’s arrest

Written By: - Date published: 11:30 am, October 12th, 2012 - 70 comments

Hone Harawira Mana

On any other morning Hone Harawira’s arrest would be the big political news story of the day.

Maori unity and aspirations

Written By: - Date published: 7:24 am, September 14th, 2012 - 126 comments

maori-flag

Yesterday’s national hui on water rights has resulted in the best possible outcome for Maori, a decision to present a unified front in the face of National’s divide and rule tactics.

Water rights hui

Written By: - Date published: 8:37 am, September 6th, 2012 - 115 comments

maori-flag

It’s easy to see why Key has forbidden National MPs from attending the national water rights hui – he’s playing divide and rule with Maori. More difficult to understand is the Maori Party’s craven decision to stay away. Hone Harawira condemns them in the strongest possible language.

Asset sales delayed

Written By: - Date published: 4:28 pm, September 3rd, 2012 - 49 comments

not for sale dam

Breaking news – the government is delaying the sale of assets until at least March next year.

NRT: Numbers out of his arse

Written By: - Date published: 1:25 pm, August 22nd, 2012 - 31 comments

no-right-turn-256

I/S at No Right Turn on Key’s made up numbers.

Nats lied – power prices to rise

Written By: - Date published: 9:08 am, August 15th, 2012 - 36 comments

Key-can-you-trust-him-thumb

Minister after Minister denied it, but it turns out that common sense is right. Private power companies charge more. Privatisation surely means that prices will rise. Is it even news when this government lies these days?

3 News polls mums and dads

Written By: - Date published: 12:15 pm, August 10th, 2012 - 43 comments

not for sale dam

Turns out that not many “mums and dads” are planning to buy shares in their own assets.

Nats don’t believe their own education policy

Written By: - Date published: 12:26 pm, August 7th, 2012 - 28 comments

schools-for-sale-thumb

As usual it is the kids who will suffer.

The illusion of consultation

Written By: - Date published: 9:40 am, August 4th, 2012 - 22 comments

hikoi

For some reason the Nats are in a hurry to complete their privatisation programme within two years.  Anyone in any doubt as to how the process of consultation with Maori will play out might be informed by some recent history.

The luxury of an ethical opposition

Written By: - Date published: 11:05 am, August 2nd, 2012 - 38 comments

iwi-kiwi-thumb

Although Key’s privatisation programme has hit plenty of problems with Maori water rights, his job is made a whole lot easier by the luxury of an ethical main opposition party.

Asset sale delay likely

Written By: - Date published: 7:15 am, July 17th, 2012 - 62 comments

not for sale dam

Even John Key is now admitting that the asset sale program is facing a serious legal challenge, and that delays in the sales are likely.  Any such delay would have several implications…

Iwi and the riverbeds

Written By: - Date published: 8:51 am, July 3rd, 2012 - 15 comments

waikato-river

The only remaining possible legal threat to the Nats’ plans to sell off our power companies is a Treaty based claim to water rights or riverbeds.

Sale of the century

Written By: - Date published: 12:02 pm, July 2nd, 2012 - 71 comments

key-sale-of-the-century-thumb

So – what kind of person does well out of asset sales?…

Privatisation bill passed

Written By: - Date published: 5:17 pm, June 26th, 2012 - 239 comments

not for sale dam

They’re quite literally selling our country down the river.

51% swindle averted

Written By: - Date published: 12:43 pm, June 21st, 2012 - 31 comments

keep our assets logo - labour version

It looks like the Nats’ attempt to pull a swindle on the meaning of “51% ownership” has been averted.

Will Dunne heed his own poll on asset sales?

Written By: - Date published: 11:48 am, April 30th, 2012 - 46 comments

dunne-poll-thumb

United Future are polling the public about their support for partial privatisation. Will Peter Dunne heed his own poll?

Emerson on privatisation

Written By: - Date published: 7:27 am, January 11th, 2012 - 24 comments

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    Labour | 17-04
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