INDEPENDENT NEWS

Rocket Lab CEO lacks gratitude toward taxpayers

Published: Fri 15 Nov 2019 02:45 PM
16 NOVEMBER 2019
FOR IMMEDIATE RELEASE
Responding to Rocket Lab CEO Peter Beck’s appearance on Morning Report today, New Zealand Taxpayers’ Union spokesman Louis Houlbrooke says:
“We almost spat out our coffee this morning as Peter Beck claimed that his industry receives no taxpayer-funded subsidies.”
“We can all agree Rocket Lab’s achievements are impressive, but Mr Beck does the space industry no favours by denying the contribution of hard-working taxpayers.”
“The Government has multiple funding and subsidy programmes for the space industry. It beggars belief that Mr Beck would have forgotten this, considering his own company received $25 million from Callaghan Innovation in 2013.”
“It’s hard enough already for taxpayers to keep track of how our money is spent. The last thing we need is for the companies that take our money to start denying it.”
ENDS
New Zealand Taxpayers' Union
New Zealand's grassroots campaign for lower taxes and less government waste
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. New Zealanders are invited to join and donate at http://taxpayers.org.nz
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