INDEPENDENT NEWS

Taxpayers on Hook Again for Solid Energy

Published: Fri 19 Sep 2014 11:07 AM
MEDIA RELEASE
TAXPAYERS ON HOOK AGAIN FOR SOLID ENERGY
18 SEPTEMBER 2014
FOR IMMEDIATE RELEASE
Responding to the Fairfax article that taxpayers are extending another $103 million to keep Solid Energy afloat, Taxpayers’ Union Executive Director Jordan Williams says:
“It's time to stop throwing good money after bad when it comes to Solid Energy.”
“It's unfair that mum and dad taxpayers have to throw more money to bail out a commercial entity. It is the perfect example of why the government shouldn't be owning risky commercial operations.”
“Whatever government is elected on Saturday, we are calling on all parties to commit to abolishing New Zealand’s culture of corporate welfare.”
NOTES TO EDITORS:
The New Zealand Taxpayers’ Union is an independent activist group, dedicated to being the voice for Kiwi taxpayers in the corridors of power. It’s here to fight government waste and make sure New Zealanders get value for money from their tax dollar.
The Taxpayers’ Union operates a 24 hour media line for comment on taxpayer issues. Representatives are available on (04) 282 0302.
High resolution images and logos are available on request or online at http://www.taxpayers.org.nz/resources
ENDS

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