The Green Party sees New Zealand First's proposal for a public option for KiwiSaver as a move in the right direction, providing that it is about providing competition to the existing private KiwiSaver funds and not proposing to nationalise them.
Please support the petition calling for a citizens initiated referendum on asset sales. This is the best chance we've got to stop the government selling our power companies and Air New Zealand for a quick buck. More
Russel questions the Minister of Finance on asset sales, pointing out that according to figures released by the Minister's own department (Treasury) and included in the Budget Policy Statement 2012, selling our energy companies just doesn't make sense. More
When questioned by Russel, John Key admits there are no provisions in the Mixed Ownership Model bill to prevent individual assets from being sold overseas. Russel also points out that a majority of New Zealander oppose asset sales, and questions the Prime Minister's claims that the election result amounted to a mandate for asset sales. More
The Government's plans to retain 51 percent of our state-owned enterprises does not guarantee individual strategic assets, like our dams, will not fall 100 percent into foreign private control, the Green Party said today.
The Government's focus on debt reduction through asset sales will do little to transform the wider structural weaknesses of the New Zealand economy as indicated by Treasury's worse than forecast current account deficit figures, the Green Party said today.