No to Asset Sales - Hone Harawira 10 Feb 2012
- Deed of Settlement signed with Taranaki Iwi News
- Reports shows success of Whanau Ora approach News
- Minister to attend APEC Ministerial Meeting News
- Students only sausage rolls in Aussie takeover News
- Marking International Day of Charity tomorrow News
- Gordon Campbell on the lack of leadership on refugees News
- NZ dollar jumps vs. euro after ECB lowers economic outlook Business
- Sensible Sentencing Trust seeks Petricevic review Business
- CORRECT: Government, Auckland iwi reach agreement Business
- Solicitor-General to Step Down 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.
3 Sep 2015 News
Science and Innovation Minister Steven Joyce has today announced funding for 48 new science research programmes, for a total... more
3 Sep 2015 Business News
CORRECT: Government, iwi reach agreement for private housing on Crown land in Auckland (Removes reference to selling land in... more
3 Sep 2015 Business News
Sept. 3 (BusinessDesk) - Air New Zealand, the national carrier, will defend a multi-billion dollar class action in the US... more
10 Aug 2015 Entertainment
20th Century Fox is celebrating Snoopy’s birthday ahead of the release of the first animated Peanuts movie SNOOPY AND CHARLIE... more
6 Aug 2015 Entertainment
Sola Rosa Sound System comes to London on 20 August – NZNewsUK London Editor Charlotte Everett had a chat with frontman Andrew... more
3 Sep 2015 Property
Article - BusinessDesk Auckland house sales climb to 15-year high for month of August, prices stall Sept. 3 (BusinessDesk) -... more
5 Aug 2015 Property
Auckland house price growth stalls in July as properties 'fully priced', Barfoot says Aug. 5 (BusinessDesk) - Auckland house... more
21 Jul 2015 Migration
NZ net migration reaches new annual record in June, swelled by Indian, Chinese students July 21 (BusinessDesk) - New Zealand... more
25 Aug 2015 Travel & Tourism
Air NZ to continue alliance with Cathay Pacific, targets Asian tourists Aug. 25 (BusinessDesk) - Air New Zealand's has had its... more
3 Sep 2015 Sport
3 Sept 2015 Emotions ran high on an action packed day four at the 2015 World Rowing Championships with eight New Zealand crews taking... more
25 Aug 2015 Opinion
Gordon Campbell on the flag campaign So far, the public has treated the government’s flag campaign with something between... more
3 Sep 2015 Appointments
Library and Information Advisory Commission Appointments Internal Affairs Minister Peter Dunne today announced three new... more
5 Aug 2015 Recruitment
The latest labour market data shows continued job growth, with 7,000 more people employed over the last quarter and 69,000 more New ... more
5 Aug 2015 Recruitment
NZ unemployment rate rises to 5.9% as jobs growth lags behind growing population Aug. 5 (BusinessDesk) - New Zealand's jobless rate... more