No to Asset Sales - Hone Harawira 10 Feb 2012
- Better protections for victims of cyberbullying News
- Massey University celebrates Maori Language month News
- NZ business confidence turns negative in June Business
- Corrections land returned to Tuwharetoa News
- Economic benefits from Cricket World Cup News
- TPP negotiations set to accelerate, Groser says Business
- Gordon Campbell on the crisis in Greece News
- NZ signs up to Asian Infrastructure Investment Bank News
- Foreign housing providers would be cash-flow positive: Key Business
- Appointments to REANNZ and Science Board News
In respect of proposals to sell shares in assets held by the government on behalf of all NZers, MANA opposes plans to get rid of Treaty protections (Section 9 of the State Owned Enterprises Act), or to draft new legislation that will either leave Section 9 out altogether, or introduce new clauses that reduce the authority of the Treaty.
Section 9, which says that “Nothing in this Act shall permit the Crown to act in a manner inconsistent with the principles of the Treaty of Waitangi”, is the ONLY clause that gives our Treaty rights over state owned assets, any protection at all.
Removing Section 9, or drafting new legislation that reduces its protections, is therefore unacceptable.
The government consultation presentation poses three questions which are multilayered gobbledygook, with twists and turns and references back to the point of pointlessness, and in a language that is deliberately hard to understand.
172 years after the signing of Te Tiriti o Waitangi, the Crown is still using a foreign language to try to bamboozle Maori.
I choose instead to focus on the basic issues at stake here:
1. Proposals to sell assets that include lands, waters and other resources yet to be settled through the Treaty claims process should not proceed until such claims have been properly concluded.
2. Assets owned by the state on behalf of all New Zealanders should not be sold to pay off a debt that was created not by NZ citizens, but by bad governance and a devotion to economic values which lead to “the rich getting richer and the poor getting poorer”.
3. Assets whose value has been created through the hard work of generations of NZers, many of whom were Maori, should not be put up for sale where their value can be stolen away from us by cash-rich overseas investors whose primary objective is not the public good.
4. Electricity assets should be held by the government in trust on behalf of all NZers, for the benefit of all NZers, at a price we can afford, and with 100% reliability.
Those values have already been seriously undermined by turning them into semi-commercial enterprises. They will be lost to us forever if the shares are offered on the open marketplace. NZ interests, through the 51% shareholding held by the govt will be reduced to being just a majority shareholder in a commercial enterprise geared to maximising profit.
5. Those profits will flow from a reduction in costs through staff cuts or wage cuts, and an increase in prices. Electricity prices will eventually go up and up and up and up … and we will have no way of halting the rise.
6. Treasury advice that “the main ‘harm’ from keeping the Treaty of Waitangi clause for electricity privatisation is that foreign investors would not understand it, which would ‘create uncertainty and have a negative effect on investment in the companies’ ” confirms what most Maori already know - wiping out the Treaty clause is to make the share offer more acceptable to overseas investors.
7. And to clarify the issue of iwi involvement in the buying of shares, let me point out that iwi corporates buying shares is not the same thing as Maori benefitting from them. In fact, the reverse is the case.
Iwi corporate investors buy shares for the same reason as other corporate investors – to make profit. And when that profit comes from price rises, the people who will be hurt the most will be those who are suffering ever-greater levels of poverty, be they Pakeha, Pacifica, or Maori.
Section 9, the Treaty clause, was specifically included in the State Owned Enterprises Act to ensure Maori rights under Te Tiriti o Waitangi would have ongoing protection in regards to any development of SOE assets. In this instance, it also provides cover for all other NZers with an interest in ensuring state owned assets remain in the hands of the state, and not in the hands of foreign investors.
I stand alongside the people of Tai Tokerau and the majority of NZers in opposing government plans to privatise state owned assets, and I urge the Maori Party to join in that opposition by walking out on a government that continues to deny Maori aspirations and destroy Treaty dreams.
24 Jun 2015 News
New Zealand Government New on-body cameras for Corrections officers On-body cameras for frontline Corrections staff are being rolled... more
24 Jun 2015 Business News
Article - BusinessDesk MARKET CLOSE: NZ shares gain, led by A2 as potential bidder unmasked; dividends appeal By Jonathan ... more
24 Jun 2015 Business News
Article - BusinessDesk Wearable tech start-up launches US$200,000 crowdfunding campaign By Fiona Rotherham June 23... more
24 Jun 2015 Lifestyle
The Remarkables June 24 2015 The Remarkables ski area to kick off 2015 season this Saturday The Remarkables ski area in Queenstown... more
23 Jun 2015 Lifestyle
SOUNZ For immediate release SMCO-SOUNZ Composer Workshop selected works announced SOUNZ and Auckland based St Matthews Chamber... more
24 Jun 2015 Property
New Zealand Government Hon Anne Tolley Minister for Social Development 24 June 2015 Extending Canterbury accommodation... more
22 Jun 2015 Migration
NZ migration rises to new annual record in May, closing in on Treasury's upside scenario June 22 (BusinessDesk) - New Zealand... more
24 Jun 2015 Travel & Tourism
Article - BusinessDesk Air NZ sees annual earnings rising by as much as 60% By Paul McBeth June 24 (BusinessDesk) - Air New... more
19 Jun 2015 Travel & Tourism
Analysts divided on impact on Air NZ's earnings of Jetstar's regional routes challenge June 19 (BusinessDesk) - Analysts are... more
24 Jun 2015 Cycling
Lake Taupo Cycle Challenge Extra sizzle added to New Zealand’s Biggest Cycling Occasion With entries opening in just under a... more
24 Jun 2015 Motor Sport
Emma Gilmour Gilmour targeting another strong finish at Rally Gisborne 23.6.15 Emma Gilmour intends to start the second half of the... more
24 Jun 2015 Column
Column - Gordon Campbell Gordon Campbell on telling the poor to ask for more The government’s
19 Jun 2015 Opinion
Gordon Campbell on the Pope’s encyclical on climate change The spread of market mechanisms into every facet of... more
19 Jun 2015 Appointments
Christchurch Queen’s Counsel Nicholas Davidson and Auckland Barrister and Solicitor Rebecca Anne Edwards have been appointed... more
16 Jun 2015 Appointments
Community and Voluntary Sector Minister Jo Goodhew has announced the appointment of a new member to the independent Charities... more
23 Jun 2015 Recruitment
Apprentice of the Year Competition Carpentry apprentices go head to head in national competition Entries for the Registered Master ... more
26 May 2015 Press Releases
NZ employees rate work-life balance as top priority, while job seekers eye cash, survey shows May 26 (BusinessDesk) - New... more