Chorus sings a Dirge

I welcomed Amy Adams independent review of Chorus’s financial claims in response to Chorus’s sad song. Not something I should say in a […]

Crony Capitalism, Chorus and Pike River compensation

Today in Parliament David Cunliffe neatly skewered John Key with a series of questions that showed the Government will decline to ensure that the Pike River families are paid out because there is no legal obligation to do so, yet it is happy to pay out large sums to its corporate friends even though there is no legal obligation to do so.

Hands-on National

It doesn’t suit the Labour Party narrative – and indeed it’s not their espoused philosophy – but every now and then National can’t help but be “hands on”. We’ve had the South Canterbury Finances in the past (won’t somebody think of the shareholders!), but this week was a real doozy for it, between Fonterra, Tiwai Point and Chorus.

The end of Kiwishare

The autocratic National government is changing the Kiwishare obligation of Telecom without consultation or notice. They say obligations will be the same, but they will no longer be legal restrictions, but changeable company “deeds”.