web analytics

No legal power for looters’ bonus

Written By: - Date published: 8:47 am, July 31st, 2012 - 56 comments
Categories: privatisation - Tags:

I missed this last week: Key is now conceding that he doesn’t have legal authority to give away shares for free in a looters’ bonus. In June, Key and English arrogantly dismissed questions from Russel Norman on the legal authority to give away hundreds of millions of dollars worth of shares to the looters. Last week, Key sheepishly admitted that Norman is right.

Here’s what Key said on June 20th:

Dr Russel Norman: When will he be seeking legal authority from Parliament to spend money in the form of a share give-away?

Rt Hon JOHN KEY: If the member wants to go to the Budget, he will see quite clearly laid out the Government’s programme, the anticipated return that the Crown will get, and the costs likely to be associated. That gives the Government, from everything that I can see, the authority.

Then, Bill English answered a written question on June 27th:

Dr Russel Norman to the Minister of Finance(27 Jun 2012): Has his office received advice on the legislative authority to gift Crown-owned shares in mixed ownership model companies to other shareholders in those companies as part of a shareholder loyalty scheme; if so, on what dates?

Hon Bill English (Minister of Finance) replied: On 20 June 2012 the member asked Oral Question Number 1 to the Prime Minister regarding what the member described as “a so-called ‘bonus scheme’ for people who buy shares” as part of the Government share offers. Later that day my office received advice confirming that many of the assertions in the member’s questions to the Prime Minister, and in the member’s press release of the same day, were incorrect.

Here’s what happened on July 24th:

Dr RUSSEL NORMAN (Co-Leader—Green) to the Prime Minister: Does he stand by his statement in relation to the share give-away as part of his asset sales programme that “If the member wants to go to the Budget, he will see quite clearly laid out the Government’s programme, the anticipated return that the Crown will get, and the costs likely to be associated”?

Rt Hon JOHN KEY (Prime Minister) : The words before the quote are “the members”, but I stand by my statement, which I made on 20 June. The Budget does set out the returns and costs from the mixed-ownership programme. Ministers have since made the decision in principle to offer a loyalty bonus. We are taking advice on how to treat this in the Government’s books—for example, whether we need to make a separate appropriation for it.

Dr Russel Norman: So is the Prime Minister confirming that in his answer to that question, when he referred to the costs likely to be associated with the asset sale programme, he was not accounting for the cost of the share give-away?

Rt Hon JOHN KEY: Firstly, I would reject the term “give-away”. In terms of the loyalty bonus, Treasury is working out exactly where that might be accounted. Overall, what it has said is that, for the total costs, the best estimates are about 2 percent of the proceeds, but that includes a lot of other factors. It will come back to us with advice on how it should be appropriated.

So….. Norman was right – National has not got Parliamentary authority to give away these shares. The looters’ bonus would be illegal without a new law and Norman made chumps of both Key English.


History

56 comments on “No legal power for looters’ bonus”

  1. CnrJoe 1

    Worst. Govt. Ever.

    • gareth 1.1

      Um no, I’d say the rogernomics government was much worse…. as it currently stands anyway…

    • Georgecom 1.2

      I can remeber attending a young nat AGM some years ago as an observer (meeting was open to anyone to attend). Young Nats kept nominating themselves for positions and putting it to the vote without a seconder. Took a leftie in attendance to point out to them some basic protocols of how to conduct an election. Seems like little has changed regarding the Nats understanding of process.

  2. Dv 2

    OK
    What would happen if the Nacts just ignored that they didn’t have legal authority for the bonus shares and went ahead any way

    • Lanthanide 2.1

      They’d be in trouble.

      But nothing that a retroactive law change couldn’t fix, or is more likely the case, they’ll promise the shares to come in 2014-2015 and then as part of the 2013 budget they’ll put in the law to make this legal.

  3. Bill 3

    Am I missing something? I can’t see where it is lack of authority is conceded. Closest I can see is what I would call an accountng detail ie how it should be ‘put through the books’.

    • ghostwhowalksnz 3.1

      How did they do it in Queensland ?- are we still catching up with Australia in how to write a budget !

    • bad12 3.2

      ”Ministers have since made the decision in principle to offer a loyalty bonus, We are taking advice in how to treat this in the Government books -for example, whether we need to make a separate appropriation for it”, unquote.

      To ”spend” money the Government must first ”appropriate” it which of course as you rightly point out is in effect to simply account for where that money will come from,

      I havn’t got the relevant Legislation in front of me, but, am pretty sure that if it aint been ‘appropriated’ by the Government in either the budget or other Legislation then the Government cannot legally spend it,

      Slippery is conceding this point to Russell Norman where He says that ”Treasury is working out exactly where that might be accounted.”

      And, ”It (Treasury), will come back to us with advice on how it should be appropriated”, the appropriation bit is gaining the legitimacy to spend the money,

      Me thinks Russell jumped the gun a little here,if He had of waited a bit longer a rather large spanner might have been made of such specially if the loyalty shares had of been given to the looters without there being an appropriation for them from the Parliament…

      • I think it is section 4 Public Finance Act 1989.

        “Expenses or capital expenditure must not be incurred unless in accordance with appropriation or statutory authority
        (1)  The Crown or an Office of Parliament must not incur expenses or capital expenditure, except as expressly authorised by an appropriation, or other authority, by or under an Act. ”
         

      • Lanthanide 3.2.2

        “Me thinks Russell jumped the gun a little here,if He had of waited a bit longer a rather large spanner might have been made of such specially if the loyalty shares had of been given to the looters without there being an appropriation for them from the Parliament…”

        Doubtful. The treasury etc wonks would have picked it up eventually. If they’d picked it up, it could have been quite hush hush with the government passing the required legislation and pretending nothing was the matter. This way, Norman got them to admit publicly that they’d dropped the ball.

  4. “The looters’ bonus would be illegal without a new law and Norman made chumps of both Key English.”

    Key and English.

    You’re welcome 

  5. ad 5

    Great post Eddie. Dogged work from Norman.

  6. Wayne 6

    The whole style of calling the incentive a “looters bonus” is wrong. I know you dont like the asset sale process, but to call large numbers of your fellow New Zealanders “looters” simply because they will buy relatively small parcels of shares in the partial float is morally wrong. The issues do not require you to characterise your fellow citizens this way. It might appeal to the people who deeply oppose the sales but it is hardly likely to appeal to people for whom it is not the most pressing issue. And there must be many of these. Polls say around 75% oppose sales but the government still has collectively nearly 50% support, so there is the ambuiguity of the issue.

    • Kotahi Tāne Huna 6.1

      Yes, please don’t hurt the greedy unprincipled Quisling’s feelings.

    • Simon 6.2

      There is no reason to believe that ‘large numbers’ of New Zealand citizens will be able to buy shares… and looting does seem quite apt, these assets have been built up over a long period of time on the backs of all tax paying New Zealanders (including beneficiaries etc) and are now being transferred to those with cash for personal rather than communal benefit.

    • lprent 6.3

      The whole style of calling the incentive a “looters bonus” is wrong.

      Why not? It seems perfectly descriptive of the process to me. The incentive only applies if you’re able to purchase shares.

      A small proportion of people in NZ will be financially able to able to cough up for a $1000 block of shares. Even fewer will be able to cough up across all of the proposed assets sales. So on top of any dividend and capital gains they get from a minimal risk investment, they will also get a special capital bonus to buy them and hold them for a short period.

      The purported reason that the assets are being sold is to pay for the deficit. Much of the deficit was caused by the taxcuts that in nett benefited almost exclusively those same relatively wealthy people who are going to be able to buy the shares and get the bonus.

      However everyone in NZ actually paid for the value of those assets as both taxpayers and/or customers. In effect the government is doing a wealth transfer from those with the least means (but who have a stake in the state) to those with the most means.

      So effectively the looters with excess cash are being paid a bonus for their looting. Personally I’d be looking for a quick courts-martial, a wall and a firing squad for them.

      Polls say around 75% oppose sales but the government still has collectively nearly 50% support, so there is the ambuiguity of the issue.

      Support for a particular party is not for any one policy, it is usually for a range of policies (and frequently against other parties). It seems rather ludicrous that you’d try to equate one point with the other. People will quite happily oppose a particular government policy while voting them into power. Anyone who knows much about politics is aware of that – surely?

      • Fortran 6.3.1

        The Reserve Bank has said, in its report a short while ago, that New Zealanders – Mums and Dads have $114 billion currently invested in Bank Term Deposits.
        Perhaps the long term return in the SOE partial sales is a better investment, currently about 3.75% for 12 months, than in the Ausssie Banks.

        • Colonial Viper 6.3.1.1

          So let’s take public assets which earn good coin for the tax payer, and turn them into private assets which earn good coin for those with excess investment cash on tap?

          Great plan, John Key and his bankster mates would approve.

    • Draco T Bastard 6.4

      I know you dont like the asset sale process, but to call large numbers of your fellow New Zealanders “looters” simply because they will buy relatively small parcels of shares in the partial float is morally wrong.

      No it’s not, it’s perfectly accurate.

  7. tracey 7

    Wayne, do you mean like saying you are selling to ” mums and dads” is also wrong?

  8. Wayne 8

    Well, I would not call my fellow New Zealanders “quislings” or “traitors” on an issue that reasonable people can disagree on, and given the election result this is surely in that category – notwithstanding the strong feelings on the issue.

    • Wayne, you seemed to have forgotten that the writers of the Standard are horrible people. At least as horrible as those they decry. 

      Once you realise this you’ll sleep better, your skin will clear up and your hair will regain that cherished lustre lost after so many treatments.

      [lprent: Most people are ‘horrible’ in that they tend to be more interested in their own interests than those of others.

      In my experience some try to conceal it by acting like pious gits and masking their essential ugliness under a mask of manners. The more that they insist on such manners, the uglier that you find their actual motivations are when you look under the surface. In extreme cases of such hypocrisy, I tend to just label them with their true name “National party supporters” 😈

      I have to say that Wayne attracted my attention earlier with a pious plea to manners that was worthy of Farrar, early Pete George, and even your earlier self. If people hang around here for any length of time, the commentary on their comments tends to beat such saccharine hypocrisy out. You are a good case in point…

      But Wayne has had less than 10 comments so far. He will probably get the point at some point and we will see his true horribleness. Hopefully it will be somewhat more interesting and better informed. ]

      • Te Reo Putake 8.1.1

        I seem to recall statements like that are regarded as attempts at self martyrdom, TC. Not to mention how far from the truth you are, anyway. Why don’t you save the abuse for ranting over at KB. Isn’t that where you usually whine about how horrible the authors and commenters at the Standard are?

        • Pukeko 8.1.1.1

          Call the boys cause the gangs all here…… the gang to entertain you.

          • Te Reo Putake 8.1.1.1.1

            Nice casual racism, TC. You’re all (cl)ass.

            [lprent: Wasn’t TC unless he made a serious effort to shift routes. ]

            • TheContrarian 8.1.1.1.1.1

              A) I very rarely comment at Kiwiblog

              B) Ummm, casual racism? Please identify my casual racism. 

              • Te Reo Putake

                Ok, LP reckons the racist may not be you, TC. If that’s the case, I withdraw. But if you are interested in further reading on the misue of te reo, marty mars explains it pretty well.
                 
                Very rarely comment on KB? You’re nudging 200 comments in the short time you’ve existed under this (mis)handle, pal. That’s pretty much a daily post on average. By the way, I still haven’t forgotten this pathetic whinge of yours on KB:
                 
                “The Standard is a hideous place, filled with vacuous scumbags who just want to act like dictators. Worthless cretins”
                 
                Of course, you may have been talking about yourself, I suppose.
                 

                • Yeah but if you look at what I comment in you’ll see The Standard barely ranks a mention – but that’s alright, you can pad your opinion that I am some sort of serious KB poster in anyway you like buddy.

                  “LP reckons the racist may not be you”
                  May not? it isn’t and you have nothing to back it up with.

                  • Te Reo Putake

                    It’s not my opinion that you are a serious KB poster (whatever that may be). You are a figure of fun there, as well as here, so serious is definitely not the right word for your contributions. I simply pointed out you were wrong to say you rarely post there, because that is not the fact, according to time and DPF. You post regularly, not rarely.
                     
                    ““LP reckons the racist may not be you”
                    May not? it isn’t and you have nothing to back it up with.”
                     
                    Jeez, get over yourself. LP pointed out that it didn’t appear to be you and I accepted that. You are are now categorically saying it isn’t you and I accept that, too. I don’t need to ‘back it up’ you doofus.

                    • Compared to posting here I post rarely at KB and don’t have as much interest in commenting on KB unless something specifically piques my interest. I dislike the way the comments section operates, the conversations don’t flow very well over there, making it hard to follow a conversation.

                      I am far far more active on wiki’s than I am at any blog.

                      “I don’t need to ‘back it up’ you doofus.”
                      No, you don’t now – but if you wanted to maintain that I was the poster in question you would. But yes, as you have accepted it weren’t me then…yeah.

                    • Te Reo Putake

                      Cheers, cuddles all round then!

                    • Cuddles are good, but please refrain from tugging at my fur.

                • Pukeko

                  “You know that name I’ve been calling the Honourable Mr Winston Peters, Member of Parliament for Tauranga; Winnie Te Pukeko? Well, I’m afraid I made a big mistake and I have to apologise to all the pukeko out there; even the ones trying to scratch up our kumara scandals.

                  In the beginning they were quite flattered because the upright and most honourable Mr Peters is a sort of a handsome dude in his dark blue double-breasted suits eh. Ahakoa, he might be a bit on the short side to us, but to the pukeko he looks very tall and imposing. Just what the pukeko would like to be eh. And he makes a lot of noise too. So they adopted him on my recommendation.

                  But not long ago the Pukeko Council of Elders had a big hui, and high on the agenda was a review of the performance of their man on Te Hill, the most honourable Mr W. Peters. They talked far into the night but it did not take long before they became very agitated indeed.

                  You see, the kaupapa of Te Whanau Pukeko is kaupapa Maori. Tuturu Maori. But the unanimous opinion of the reporters from the Pukeko Gallery at Parliament was that their honourable Mr W.Peters didn’t even believe in kaupapa Maori, let alone kaupapa Pukeko. He was seen on TVNZ openly proclaiming himself to be an avowed “individualist”, and opposed to “tribalism” (or his version of it). He was seen to oppose every initiative to restore Mana Pukeko. He had even called members of the Pukeko Council of Elders “sickly black liberals”.

                  Long into the night they discussed what they could do about their predicament. There were some who called for compassion; and some who called for blood. There were some who said that maybe they could send him on a total immersion course in Te Reo Pukeko and mend his ways; there were some who said he should be totally immersed, kua mutu. There were some who wanted to send a taua to Te Upoko O Te Ika to bring back te upoko a Pita. No reira, the cooler and wiser heads eventually prevailed, and as dawn broke over the swamp, and the time came for all good Pukeko to once again face the harsh reality of life in Te Ao Freemarket, they made a decision.

                  Mr W.Peters was to be banished from the whanau, and would no longer be permitted to bear the honourable name of Te Pukeko. Ae, and as Te Whanau Pukeko bear the red mark of shame on their foreheads for stealing Tawhaki’s kaimoana, so they decided to give W.Peters his mark to bear forever as a sign of his faithlessness.

                  They have decreed that from henceforth he will be known throughout Te Whanau Pukeko as “Peacock Peters”.

                  Ka aroha!”

                  [lprent: You appear to be targeting a commentator and using a parody handle of their name. Too confusing. I have renamed you and added your old handle to auto-spam. So you are now a swamp hen. ]

      • McFlock 8.1.2

        We’re horrible? Awwwww – I guess an apology is in order…

        • TheContrarian 8.1.2.1

          No need to apologise, McFlock. We are all horrible people.
          Aside from me – I am right bastard but at least I am awesome and my grandma says I am the handsomest man in Wellington.

          • Pascal's bookie 8.1.2.1.1

            Your grandmother sux.

            • TheContrarian 8.1.2.1.1.1

              Insulting someones grandmother? You’re all class PB, all class.

              • Pascal's bookie

                Yeah well, my grandmother always said that ‘Civility is just the last ditch bullshit hides in when the guns of truth start pounding.’

                She was a hardarse like that. She also laughed at that light brigade poem, Reckoned, rightly enough, that “If you charge emplaced cannon with light horse, you get what you fucking deserve”. Which I keep meaning to get made up as one of those twee needle point picture thingies. Would look good in the hallway I think.

            • McFlock 8.1.2.1.1.2

              lol

          • mike e 8.1.2.1.2

            Conyra being reasonable and having a grandma who thinks your the handsomest man in Wellington,she must be completely blind or you must be Peter Dunne.

    • bad12 8.2

      Your making one hell of an assumption if you think i for one am ‘reasonable people’, 27 odd years of Neo-Liberal bullshit has left me far far from being reasonable…

  9. Wayne 9

    So if you are not reasonable, but don’t get your own way, what do you do next. For instance when your fellow New Zealanders buy the shares what do you do. You could threaten to nationalise, but that does not look likely from Labour.

    After all each Government gets to make changes and quite a few of them stick. One of the tests of a successful govt is how many of their policies becomes an accepted part of how things are. For instance Labour could not get elected in the UK until they worked out which parts of Thatchers reforms they should accept. Just as National did prior to 2008, in relation to the Clark govt.

    In any event you can be passionate about your policy and views without calling your fellow New Zealanders, looters, quislings or traitors.

    • Colonial Viper 9.1

      They’re not “fellow New Zealanders” they are “traitors working for foreign investors and the parasitic investment banking cartel living within our own walls”.

    • bad12 9.2

      Umm after 2 seconds of thought, my answer (being unreasonable), would be to inform you that your a wanker and propose to myself to ignore from now on any of the utter shit you write as a comment…

Recent Comments

Recent Posts


History

  • More toilet cleaners or more tradespeople?
    The Government is not doing enough to help the construction and trades sector meet its workforce demand, instead steering students towards cleaning toilets, says Labour’s Skills and Training spokesperson Jenny Salesa. ...
    41 mins ago
  • More cracks appear in health funding
    News that the Waikato District Health Board could lose $2.7 million from its budget because it failed to make an elective target is downright disturbing, says Labour’s Acting Health spokesperson Dr David Clark.  “This is a DHB that has tried ...
    6 hours ago
  • Student debt cracks the billion mark
    New figures showing that student loan defaulters have now clocked over $1 billion in debt highlights National's failure to combat spiralling student loan debt, Labour's Education spokesperson Chris Hipkins says. "Threatening to arrest returning student loan borrowers at the ...
    1 day ago
  • Foreign Students just a commodity to National
    National MP Kanwaljit Singh Bakshi has confirmed that his party sees international students as nothing more than a commodity, says Labour's Immigration spokesperson Iain Lees-Galloway. "Mr Bakshi’s appalling comparison of some students to 'faulty fridges' that should be returned to ...
    2 days ago
  • Tolley’s spin on Education spend doesn’t add up
    National’s spin about school funding won’t wash with parents who are paying more and more of the cost of their kids’ education every year, says Labour’s Education spokesperson Chris Hipkins.  “All the spin in the world can’t hide the fact ...
    2 days ago
  • National not facing up to export challenge
    “The latest export data from Statistics New Zealand paints a picture of an economy which is not paying its way in the world, says Labour’s Finance spokesperson Grant Robertson. “Exports fell 9% - led by milk powder exports falling to ...
    2 days ago
  • Correction over Talley’s statement
    Labour’s Workplace Relations spokesperson Iain Lees-Galloway has been advised by AFFCO Ltd that AFFCO is not advertising for staff in the Manawatu through MSD as stated in a press statement released earlier today.  “I have been advised by AFFCO that ...
    5 days ago
  • Minister, cut your losses – withdraw this doomed Bill
    Local Government Minister Sam Lotu-Iiga’s request for a five month extension on the report back date for the Local Government Act 2002 Amendment Bill (No 2) is an admission that the Bill is fundamentally flawed, says Labour’s Local Government Spokesperson ...
    5 days ago
  • Coleman’s cuts create crisis
    Mental health services in New Zealand are in a state of crisis with Youthline saying that calls for extreme depression doubled last year, says Labour’s Associate Health spokesperson Dr David Clark.  “About 150 young Kiwis are missing out on help ...
    5 days ago
  • Government helping Talley’s to break workers
    The Ministry for Social Development appears to be assisting Talley’s-Affco replace experienced workers effectively locked out by the company, say Labour’s Social Development spokesperson Carmel Sepuloni and Workplace Relations spokesperson Iain Lees-Galloway. “MSD is advertising for meat processing workers for ...
    5 days ago
  • Electives lag due to $1.7 billion hole
    The lag in hip and knee replacements is a direct consequence of the Government’s $1.7 billion underfunding of health, says Labour’s Associate Health spokesperson Dr David Clark.  “A comprehensive study by the University of Otago says that the rate of ...
    5 days ago
  • Speech to Master Builders’ Constructive conference
    Today’s all about being Constructive. And that is good because I believe there is a hunger out there for positive solutions. We must be able to believe there can be a better future. ...
    5 days ago
  • Māori Party housing plan complete failure
    The Māori Party’s housing plan to put more Māori into more homes has been a complete failure with fewer than five loans granted per year, says Labour’s Maori Development spokesperson Kelvin Davis. ...
    6 days ago
  • Fund IRD better to go after tax avoiders
    National’s Tax Working Group used the following graph (p30) in 2010 as part of their justification to cut the top tax rate. The big peaks around the top tax threshold were evidence of a suspiciously high number of taxpayers ...
    GreensBy robert.ashe
    6 days ago
  • Pasifika youth ignored by the Government
    The Adolescent Health Research Group’s new report on the wellbeing of young Pacific people shines a spotlight on the Government’s failure  to deliver any “brighter future” for them, says Labour’s Pacific Island Affairs spokesperson Su’a William Sio.  “Their research shows ...
    6 days ago
  • Police in the provinces are dissatisfied
    Police in the cities of Gisborne, Napier and Hastings are a lot more unhappy than their big city cousins says Labour’s Police Spokesman Stuart Nash.     “In fact the top four districts for enjoyable work within NZ Police are ...
    6 days ago
  • Govt action needed after Wheeler holds
    The Reserve Bank Governor’s warning that “excessive house price inflation” is posing a risk to financial stability puts the pressure back on the Government to take action to address the housing crisis, says Labour’s Finance spokesperson Grant Robertson. “Graeme Wheeler’s ...
    6 days ago
  • Minister confirms – new ministry only about abuse
    ...
    7 days ago
  • Silver Ferns Farms decision a tragedy
    The rubber stamping by the Overseas Investment Office of the Shanghai Maling buyout of Silver Fern Farms is a sorry day for the once proud New Zealand meat sector, says Labour’s spokesperson for Primary Industries, Damien O’Connor.  “Generations of Kiwis ...
    7 days ago
  • Benching Nick Smith first step to Kermadec solution
    Side-lining Nick Smith must be the first step in sorting out the Government's Kermadec debacle, says Labour's Fisheries Spokesperson Rino Tirikatene. “Last week Labour called for Nick Smith to be removed from further negotiations with Te Ohu Kaimoana over the ...
    1 week ago
  • Parents, schools, teachers oppose bulk funding
    Overwhelming opposition to the National Government’s school bulk funding proposal is unsurprising and Hekia Parata should now unequivocally rule out proceeding with the idea, Labour’s Education spokesperson Chris Hipkins says. “Bulk funding could only lead to bigger class sizes or ...
    1 week ago
  • MBIE gives up on enforcing the law
      The Government must provide labour inspectors with the resources they need to enforce basic employment law after reports that MBIE is only prosecuting the worst cases, says Labour’s Workplace Relations and Safety spokesperson Iain Lees-Galloway.  “Today’s news that MBIE ...
    1 week ago
  • West Coast population declines amid bleak economic forecast
    Despite the country experiencing record population growth, the number of people living in the West Coast fell, highlighting struggles in the region from low commodity prices and a poor economic forecast, says Labour’s Economic Development spokesperson David Clark. “The latest ...
    1 week ago
  • Recovery roadblocks cause for concern
    Strong pressure on mental health services, a flagging local economy and widespread issues with dodgy earthquake repairs are all causes for concern for people in Canterbury according to a new survey, says Labour’s Canterbury spokesperson Megan Woods. “Today the CDHB’s ...
    1 week ago
  • Motel purchase must not kick people onto the street
    The Government’s purchase of a South Auckland motel to house the homeless must come with a promise that the current long term tenants will not be kicked out onto the streets, says Labour’s Housing spokesperson Phil Twyford. “It is bizarre ...
    1 week ago
  • Not everyone singing along to so-called rock star economy
    The Westpac McDermott Miller Confidence Survey shows there is serious unease about the economy’s ability to deliver benefits to many New Zealanders, despite the Government trumpeting headline figures, says Labour’s Finance spokesperson Grant Robertson. “According to this survey a significantly ...
    1 week ago
  • Youth no better off under National’s “guarantee”
    John Key’s Youth Guarantee is such a spectacular failure that those who undertake the programme are more likely to end up on a benefit and less likely to end up in full-time employment than those who don’t, Leader of the ...
    1 week ago
  • More low-skilled students becoming residents
    New figures showing international students now make up nearly 40 per cent of all principal applicants approved for New Zealand residency and that their skill level has fallen dramatically, are further evidence that National’s immigration system is broken, says Labour’s ...
    2 weeks ago
  • 35% of offshore speculators paying no tax
    Offshore investors are aggressively exploiting tax breaks to pay no tax on their rental properties according to IRD data released by Labour’s Housing spokesperson Phil Twyford. “35% of offshore investors are paying no tax on their properties, and are pocketing ...
    2 weeks ago
  • Friday fish dump stinks
    This government has dumped bad news on a Friday to try to avoid political scrutiny in Parliament, says Labour’s Environment spokesperson David Parker. ...
    2 weeks ago
  • OECD report card: National must try harder
    The OECD report on education shows there’s much more to be done for young Kiwis, Labour’s education spokesperson Chris Hipkins says. ...
    2 weeks ago
  • Kermadec stoush shows Maori Party double-standards
    The Māori Party’s reaction to the trampled Treaty rights and the Government’s lack of consultation on the Kermadec Ocean Sanctuary reeks of the same arrogant mismanagement of the unpopular Maori land reforms, Ikaroa-Rāwhiti MP Meka Whaitiri says. ...
    2 weeks ago
  • Flawed fish dumping calls
    The finding that MPI failed to properly enforce the law even when it had evidence of fish dumping seriously damages the trust and credibility of the Ministry, the industry and this Government, Labour's Fisheries Spokesperson Rino Tirikatene says. ...
    2 weeks ago
  • Sidestepping Smith should be side-lined
    Nick Smith's arrogance and disrespect towards Māori is putting the future of the Kermadec Ocean Sanctuary at risk and he needs to excuse himself from further negotiations with Te Ohu Kaimoana, Labour's Fisheries spokesperson Rino Tirikatene says. ...
    2 weeks ago
  • Government must respond to cash for jobs scam
    Urgent Government action is required to halt  the emerging cash-for-jobs immigration scandal that is taking hold in New Zealand says Labour’s Immigration Spokesperson Iain Lees-Galloway.  “Stories of rogue immigration agents scamming thousands of dollars from migrant workers are just further ...
    2 weeks ago
  • Government dragging its feet on surgical mesh
    Jonathan Coleman is dragging his feet over any action to protect New Zealanders from more disasters with surgical mesh, says Health Spokesperson Annette King.  “The Government’s pathetic response is to claim all will be fixed by a new regime to ...
    2 weeks ago
  • Labour’s baby number app goes gangbusters
    An interactive tool that celebrates Labour’s achievements in health over the decades has become an online hit, says Labour’s Health spokesperson Annette King.  “Since the tool was launched last night, 18 thousand people have used it to find their baby ...
    2 weeks ago
  • Real disposable income falls in last three months
    Kiwis are working harder than ever but real disposable income per person fell in the last quarter thanks to record population increases, Labour’s Finance spokesperson Grant Robertson said. ‘In Budget 2016 the National Government said that what mattered most for ...
    2 weeks ago
  • Baby number app celebrates Labour achievements
    Labour has launched an interactive tool that allows New Zealanders to take a look back at our achievements in health over the decades, says Labour’s Health spokesperson Annette King.  “Today is the 78th anniversary of the Social Security Act 1938, ...
    2 weeks ago
  • Legal experts unpick Māori land reforms
    One of New Zealand’s top law firms has joined the chorus of legal experts heavily critical of the controversial Te Ture Whenua Maori Bill, adding more weight to the evidence that the reforms fall well beneath the robust legal standards ...
    2 weeks ago
  • Industries most reliant on immigration worst offenders
    The industries most reliant on immigration are the worst offenders when it comes to meeting their most basic employment obligations, says Labour’s Immigration spokesperson Iain Lees-Galloway.  “The industries that are most reliant on immigration are Hospitality, Administration, Agriculture, Forestry and ...
    2 weeks ago
  • Time to remove law that discriminates against sole parents
    It’s time to repeal a harmful law that sanctions those who do not name the other parent of their child, Labour’s Social Development Spokesperson Carmel Sepuloni says. “Every week, 17,000 children are missing out because their sole parent is being ...
    2 weeks ago
  • Government handling of Kermadecs threatens Treaty rights
    ...
    2 weeks ago
  • Prime Minister should give Police Minister some backbone
    The Prime Minister should condemn the ridiculously light sentence given to Nikolas Delegat for seriously assaulting a police woman, Labour’s Police spokesman Stuart Nash says. ...
    2 weeks ago
  • Government listens to Labour on family violence
    Labour is pleased the Government has finally acted on strengthening a range of measures against family violence, says Labour’s spokesperson on Family Violence Poto Williams.  “Some of the latest changes including a new family violence offence of non-fatal strangulation is ...
    2 weeks ago
  • Government must rethink paying for police checks
    National’s decision to ignore the concerns of charities will see the voluntary sector face hundreds of thousands of dollars in new costs if the Policing (Cost Recovery) Amendment Bill passes, says Labour's Community and Voluntary Sector spokesperson Poto Williams.  “National’s ...
    2 weeks ago
  • Seven months for families in cars to be housed
    Disturbing new figures show it is now taking the Ministry of Social Development an average of seven months to house families who are living in cars, Leader of the Opposition Andrew Little says.  “John Key made a song and dance ...
    2 weeks ago
  • North Korea test must be condemned
    The nuclear test by North Korea that registered 5.3 on the Richter scale needs to be condemned, says Labour’s Foreign Affairs spokesperson David Shearer. “This test, coming hard on the heels of a missile launch a few days ago, shows ...
    3 weeks ago
  • Tribe footing the bill for Maori Party?
     Waikato-Tainui deserve committed representation, yet the President of the Maori Party is muddying the waters by confusing the core business of the tribe with party politics, says Labour’s Hauraki-Waikato MP Nanaia Mahuta.  “The only way to fix this growing negative ...
    3 weeks ago
  • Schools set to lose millions
    Schools will start 2017 grappling with a $7.8 million funding cut, Labour’s Education spokesperson Chris Hipkins says. “Hekia Parata has been adamant changes to the way our schools are funded would see them better off. ...
    3 weeks ago


History


History


History