Key hopes assets sales will proceed
Mon, 27 Aug 2012 8:17a.m.
Prime Minister John Key is hopeful that the Government's asset sale plan will proceed as he awaits advice on a Waitangi Tribunal report that said Maori have property rights to water.
Officials and lawyers worked during the weekend and will provide advice to the Government, he says.
"We're now going to spend the better part of this week and next week poring over the report," he told Newstalk ZB.
When the Government received advice it would be in a position to make a full response to the report, he said.
Asked on TVNZ's Breakfast programme if the asset sales would go ahead, Mr Key said "I hope so".
"And the reason for that is that when we release that capital from those assets then we can go on and use that to buy other assets."
Mr Key said his Government had a good relationship with the Maori Party, but its support partner could not expect to win on everything.
"I'm sure we can work our way through this one like we have in the past."
Finance Minister Bill English told the New Zealand Herald that disruption to the timing of the asset sales would push the Government over its self-imposed debt limit of 30 percent of gross domestic product.
Sir Tumu te Heuheu, chairman of the Freshwater Iwi Leaders Group, said at the weekend that his group remained committed to progressing discussions with the Crown.
"Those discussions are focused on the appropriate recognition of iwi rights and interests in the context of the development of a new freshwater management framework in New Zealand."
The group preferred talks to litigation.
"One of the key principles for the Iwi Leaders Group is the health and wellbeing of our waterways. We must, as a nation, find a way forward which protects the sustainability of our water resources into the future," he said.
The Government campaigned on a policy of partial privatisation of state-owned companies and among those tagged for sale are Meridian Energy, Genesis Energy and Mighty River Power, all of which make some use of water.
Waitangi Tribunal decisions are not binding on the Government.
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28/08/2012 11:58:24 p.m.
look at mr keys picture here , look at his eyes they have no light in them they are dark and that's not good .i cant trust a man with darkness in his eyes and whose eyes don't reflect any light .
28/08/2012 11:54:29 p.m.
muk muck holmes buddy holmes the cat . wrote:
of course he does hell by millions of shares do not worry about that .
28/08/2012 5:22:13 p.m.
DAVID...I totally agree with you. Something within the legal system has to stop J.Key. It's absolutely mind boggling that people are wading thru & commenting on all the s**t instead of really addressing what's at hand. J.Key is a cunning politician & what's really frightening is that NZers aren't questioning J.Keys lack of transparency in this issue and what his 'real' objectives are. 'WE', as NZers are entitled to an explanation. J.Key is in parliament to 'work for' NZers as suppose to against and the sooner NZers recognise that fact, maybe then all Kiwis will capitalise from it.
27/08/2012 11:54:31 a.m.
Personally I dont care who stops these sales.. I just hope somebody does.
The right may bemoan the whole labour party era as if it were the worst thing in the world.
But state asset sales have never been popular.. ever.
And the right criticised labour for their asset sales.. yet like the true hypocrites that they are... are applauding National for doing the same thing.
What idiocy... I dont care whether its maori, or the queen and a three legged corgi who stop asset sales.
I just hope somebody does.
27/08/2012 9:34:37 a.m.
This whole issue has just become a face off between National vs Maori ideologies, not about the NZ economy or the welfare of ordinary NZers. It is a disgrace. It is obvious that John Key should look for other ways to get NZ out of the c**p and leave state assets and Maori rights well alone.
27/08/2012 8:57:52 a.m.
Give up while you are behind Key. NZ does not want asset sales.
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