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HomePet Industry NewsPet Financial NewsFinance Minister Grant Robertson conflicts millions invested in TVNZ-RNZ merger were 'lost'

Finance Minister Grant Robertson conflicts millions invested in TVNZ-RNZ merger were ‘lost’

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Grant Robertson

Grant Robertson.
Photo: RNZ / Samuel Rillstone

Grant Robertson is protecting the federal government’s disposing and postponing of numerous huge policies, regardless of the money invested in them up until now, challenging it was “lost”.

Prime Minister Chris Hipkins said when he took the function in January a cleanout remained in order, with an election looming and the cost of living at the leading edge of Kiwis’ minds.

On Wednesday much of it was exposed – the earnings insurance coverage plan and hate speech reforms postponed, and the TNVZ-RNZ merger and biofuels mandate ditched totally. Three Waters got a reprieve, punted back to the brand-new minister for city government for additional evaluation.

The financing minister informed Morning Report on Thursday the “entire device of federal government” needs to concentrate on the most important issue – inflation and the cost of living.

Asked just how much was “lost” on attempting to combine the 2 state-owned broadcasters, RNZ and TVNZ, Robertson contested the characterisation.

“There’s an argument about whether money is lost or money is invested… If the concern you’re asking is just how much have we in fact invested, assigned in the Budget in 2015 was around $23 million – not all of that has in fact been invested.

“We’ll go through the wash-up of that with the minister of broadcasting in the next bit.”

National Party financing representative and deputy leader Nicola Willis regreted the absence of “repenting for the countless dollars that have actually already been lost on experts and so on for the TVNZ-RNZ merger”, calling Hipkins’ reprioritisation a “midway house”.

“There was an admission that the federal government had actually lost concentrate on reinforcing the economy and the cost of living. But a few of these out of favor propositions stay on the table. Three Waters is still sitting there, the earnings insurance coverage plan and the tasks tax to money it appears to have actually simply been postponed…

“So we weren’t commemorating in the National Party, since we still do not see a strategy to be minimizing the cost of living, to be raising earnings. We’re worried the federal government will stay concentrated on these pet political tasks.”

Robertson said there was still a requirement for more financial investment and modification in public broadcasting, which was why additional financing for RNZ and NZ on Air was consisted of in Wednesday’s statements.

“The work continues, however this specific vehicle is no longer viewed as the top priority.”

With Labour holding an unusual bulk in parliament, Robertson was asked why they did not simply press ahead with policies they thought in, even if they were out of favor – as National finished with its property sales program.

The financing minister said Labour had actually accomplished plenty regardless of stiff opposition, such as the restriction on future oil and gas expedition, and not all the policies were dropped – just postponed.

“[Income insurance] was never ever going to be executed till after the election, however executing legislation in parliament today, when businesses and families are under a great deal of pressure, does not feel like the best thing to do.”

E tū assistant nationwide secretary Annie Newman, talking to Morning Report straight after Robertson, said they would continue to push the federal government on that specific concern.

“Clearly they’re stating it’s not been cancelled, and we’re delighted about that, since we believe it’s an important policy. It wasn’t due to be generated… for a long time, and we’re seeing the issues today that policy is created to deal with.

“There’s plainly a political argument since of the cost of living, however we will be putting the federal government under pressure to ensure that stays on the program, which that enters into the commercial landscape of the future.”

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