Let’s see how far the sanctimony stretches

“The MPs from NZ First, Labour, and the Greens have all pledged not to buy Mighty River Power shares to demonstrate their opposition to the sale.”

All very well, but let’s see how far the sanctimonious behaviour stretches.

Will they be moving their funds from their current KiwiSaver provider, if their KiwiSaver provider does the rational and intelligent thing by buying a stake in Mighty River Power?

Let’s remember the fuss the Greens have raised about the NZ Super Fund and ethical investing.

It would be nothing but hypocrisy for them to profit from Mighty River Power through investing in a subsidised fund, using a taxpayer subsidised Kiwisaver scheme for them to buy state owned assets. 

And remember – it’s not just a short investment they can easily laugh off as a quick inconvenience – Kiwisaver is for people’s retirement, and Mighty River Power is the sort of company a KiwiSaver provider would hold for the long term.

So then – are you Labour, Green and NZ Firsters going to stop funding your Kiwisaver accounts or move your money away?

On the flip side though, i can see Fairfax and the Herald running lines in a  few months that government ministers don;t believe in their own policy as they aren’t investing in the share floats. Such is the duplicity of the media and the opposition parties these days.


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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

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