The Finance Minister needs to assure taxpayers that due diligence was carried out on a $200 million investment into a Portuguese Bank that collapsed three weeks later, Labour Leader Andrew Little says.
“The Super Fund has performed well over the years but there must be transparency around the loan to Banco Espirito Santo to maintain public confidence.
John Key has to confirm whether the deal with Sky City over its convention centre is still on the table, Labour Leader Andrew Little says.
“John Key and Steven Joyce told Kiwis they were corporate wunderkinds and could negotiate an incredible deal of a ‘free’ convention centre. Instead, by Mr Key’s own admission, five years of negotiation have only delivered plans for an ‘eyesore’.
The number of New Zealanders working on the television broadcasts for the Cricket World Cup have been cut by the broadcaster bringing in outside staff for the games being played in New Zealand, says Labour Leader Andrew Little.
“The New Zealand Film and Video Technicians Guild, which represents many of the workers in the outside broadcast teams, says only around 10 per cent of the workforce will be New Zealanders. Usually up to 60 per cent of the crews employed on such an event would be Kiwis.
Kiwis are finding it even harder to get good jobs that pay a decent wage showing National can’t make the economic recovery deliver for all New Zealanders, Labour Leader Andrew Little says.
“This is a jobless recovery. The economy is growing but unemployment is increasing. There are 38,000 more people unemployed than there were when National got into office. That shows there is something seriously wrong with the way National is managing the economy.
The Government’s proposed changes to the RMA won’t increase the number of affordable homes or knock a dollar off the cost of building a new house, Labour Leader Andrew Little says.
“Tinkering with the RMA will not solve National’s housing crisis. While Labour will work constructively on sensible proposals, this is not a silver bullet to fix the major problem which is a lack of affordable homes.