Robertson pours more milk on Collins' visit
Labour's Grant Robertson continues to snipe at Justice Minister Judith Collins over her visit to Oravida in China – a company run by her close friends and of which her husband is a director. "Judith Collins didn't just 'pop in on the way to the airport' as she has tried to claim," he said pointing to confirmation her visit to the milk exporter's Shanghai office was added to her official programme on October 11, 12 days beforehand.
Solid Energy was too optimistic on markets
The auditor-general has advised state agencies to adopt a "sceptical mindset" after reviewing lessons from the failure of coal miner Solid Energy. It said the company did not give sufficient attention to downside risk. "Nor did it think about a worst-case scenario and develop a contingency plan for dealing with the unlikely." Solid Energy took an optimistic view of the market for its wood pellets and also about coal prices.
Metal interests hammer Labour's pro-wood policy
Labour's "pro-wood" policy has drawn fire, with Metals NZ chief executive Gary Hook describing it as unfair for disadvantaging other building materials. "Labour's policy is picking winners, rather than letting the market decide on the best solution." But Rotorua mill owner Red Stag confirmed it would invest $120 million in a plant upgrade on the basis of the policy to force government-funded buildings of up to four storeys to consider wood as an option.
Barry gives advice on pruning Mallard
When Labour MP Trevor Mallard had a dig at gardeners, who better than National's gardening guru, Maggie Barry, to get out the rake? During the first reading of the New Zealand Superannuation and Retirement Income Amendment Bill, Ms Barry hit back, calling him "the ultimate dead wood". She advised that the best way to prune a plant was to cut the dead wood at its base. The bill passed its first reading.
- The Dominion Post
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