Asset Sales Mooted to Pay for Rebuild

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Asset Sales Mooted to Pay for Rebuild THE PRESS, C h ristchurch Asset sales mooted Thursday, Decem ber 5, 2013 to pay for rebuild NEWS A7 Marc Greenhill [email protected] ● ●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●● ● Asset sales may be back on Whatever ‘‘Until we’ve had a really the agenda as the Christ- we need to close look at [the assets] I church City Council seeks to do, we will do. couldn’t say, but everything insurance negotiations was avoid a financial crisis over will be on the table and we’ll ‘‘irresponsible’’. its likely earthquake insur- We will live just have to do what we need She had not been aware the ance shortfall. to do to stay within our ‘‘heart’’ of the arrangement ONE DAY ONLY within our the council committing to its It emerged this week that budgets and live within our – the council may have to means. means,’’ he said. share of costs regardless o revisit its multibillion-dollar insurance proceeds – was THURSDAY 5TH DEC Raf Manji The council planned to f rebuild cost-share deal with Christchurch city councillor take a ‘‘prudent and very signed by former chief execu- the Crown because of overly responsible approach’’ to its tive Tony Marryatt and optimistic predictions about Christchurch Central Devel- revising anchor project con- finances and had made it its earthquake insurance ‘‘very clear’’ to staff that rates opment Unit director War- payouts. struction timelines – out- wick Isaacs after the initial comes finance committee should not increase. GET A BONUS An agreement with agreement. chairman Raf Manji did not ‘‘Whatever we need to do, insurer Civic Assurance on Dalziel would not comment rule out. we will do. We will live within whether several of its key our means and we cut our on whether the agreement ^ facilities – including AMI ‘‘[The council] needs to should be renegotiated but look at how much it’s pre- cloth according to the money Stadium and the Christ- that we have,’’ Manji said. said assets sales were church Central Library – are pared to borrow, how much unlikely. it’s prepared to raise through It was ‘‘too early’’ to specu- repairs or rebuilds has not The council had to give the rates, and whether or not it late about the possibility of been reached and the council renegotiating the cost-sharing community ‘‘reassurance and was banking on using the can realise cash through asset direction’’ and could wait for sales in the whole context of agreement while the financial proceeds to help pay its share audit was ongoing. insurance issues to be of central-city rebuild costs. what is in the best interests of resolved before starting the wider community,’’ He said ‘‘high-level’’ infor- Canterbury Employers’ projects, she said. Townsend said. mation from the audit would Chamber of Commerce chief be known before Christmas, Cr Yani Johanson, who Manji would not be drawn executive Peter Townsend and greater detail would be voted against the cost-sharin said yesterday the council on the possibility of asset agreement, said it was sales because he had not available by February or g should explore all options, March. ‘‘premature’’ to suggest it including asset sales or reviewed the council’s invest- should be renegotiated . ment arm, Christchurch City Mayor Lianne Dalziel said The stadium was one proj- Holdings Ltd. the previous council’s com- mitment to the agreement ect that could be deferred and regardless of the outcome of the metro sports facility had been delayed by a year Opposition point finger at Dunnealready, he said. NOEL LEEMING Tracy Watkins ● ●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●● ● Opposition MPs have used parliamentary privilege to $ GIFT label United Future Peter GIFT CARD * Dunne as the person who 250CARD leaked the sensitive document that set in train the series of VALID 5TH DECEMBER 2013 – events leading to a high pow- WHEN YOU SPEND 31ST JANUARY 2014 *Cannot be used against original purchase ered inquiry accessing a $ * journalists emails, swipe card 899 and phone records. & OVER ON ANY… Prime Minister John Key opened the door to Dunne picking up a ministerial port- folio next year after Parlia- TELEVISION ment’s privileges committee $ GGIIFFTT on Tuesday slated Parliamen- 250CCAARRDD* VALID 5TH DECEMBER 2013 – 31ST JANUARY 2014 tary Service and a former top * Cannot be used against original purchase public servant for over- reaching their powers in seeking to track down the source of the leak. But in Parliament last night, Labour MP Phil Goff said Dunne was not fit to be a minister and had broken his oath of confidentiality. ‘‘He has no right to be a minister; that’s why he resigned, that’s why it is totally improper for Key to be talking about bringing back Peter Dunne as a minister.’’ Former Inland Revenue boss David Henry led a prime ministerial inquiry after a report into potentially unlaw- ful spying by the Government Communications Security Bureau was leaked to Fairfax journalist Andrea Vance. In the course of his inquir- ies he sought phone records, WWHITEWAREH swipe card records and email I T $ GGIIFFTT EW * logs belonging to both Vance A 250CCAARRDD RE VALID 5TH DECEMBER 2013 – 31ST JANUARY 2014 and Dunne which were *Cannot be used against original purchase Under fire: handed over by Parliamen- Peter Dunne speaks at the United Future’s annual conference in Wellington this month. tary Service without refer- ence to Parliament’s Speaker. Parliament last night. The Privileges Committee investigated and found that Henry concluded that he Dunne resigned as a minis- the inquiry had given no con- had been unable to rule out Photo: FAIRFAX NZ Dunne as the source of the ter rather than hand over his sideration to the special NZ First leader Winston leak of the GCSB report but emails to the inquiry and status of MPs and journalists claimed the privileges report Peters said all the evidence in a democracy. said he had been refused ‘‘overwhelmingly points in access to the content of as a vindication. Its report was debated in one direction’’. Dunne’s emails so could not But Opposition MPs last ‘‘I was the person who said take the matter further. night said Dunne should accept responsibility for the from the day at the select com- leak. mittee you leaked the docu- ACT leadership a political ment didn’t you Mr Dunne.’’ Fairfax NZ WHITEWARE WHITEWARE game of Hide and seek REFRIGERATION ‘Spiral of WHITEWARE he only reason ACT is not yet dead is because T John Key is not ready to drug use’ DESKTOP OR NOTEBOOK turn off the life support. Tracy David Clarkson But it is on borrowed time Watkins In a sign ●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●● unless it can find a new leader with both Right-wing street of just A Pike River mine worker fell ● cred and a national profile by how disastrous into a spiral of drug use after March 1, which is when John COMMENT friends and colleagues died in Banks relinquishes the the Banks the mine explosion, a court $ GGIIFTFT leadership. has been told. * courting former leader leadership has 250CCAARRDD VALID 5TH DECEMBER 2013 – The fact he did not do so Joshua Murray Jackson, 31ST JANUARY 2014 yesterday speaks volumes Rodney Hide. Ironically, his been, many in 26, has been jailed for four *Cannot be used against original purchase about the state of the search biggest cheerleader is former years and six months on for his replacement. Despite it leader Don Brash, who admits the party have drugs charges. trying to woo Hide back on being an open secret for been actively At his sentencing in the months that Banks won’t be several occasions. Christchurch District Court standing in 2014, the party Brash is, of course, the courting former yesterday, Judge Phillip still has no-one ready to step man who ousted Hide from leader Rodney Moran said the 29 men killed into his shoes. Some names the leadership after panic set in 2010 were friends of Jack- are in the mix, including a in on the Right that a run of Hide. son’s. bad headlines made Epsom couple of rising stars in the Jackson admitted charges party who hark back to its unwinnable for Hide, and of dealing in class A and B Excludes Apple would mean the end of ACT. so far he has rebuffed libertarian roots. suggestions that he return to drugs, selling class C drugs, President John Jamie Whyte, a former political life. possession of drug utensils British-based journalist now Boscawen’s references and equipment, and pos- yesterday to Hide winning But it is not hard to see living in Auckland, confirmed why the party is so desperate session of firearms and last night he would seek the Epsom under his own steam explosives. THURSDAY 5TH DECEMBER ONLY in 2008 suggests the party is to woo him back. A Hide leadership. leadership ticket would Police monitoring of his experiencing a huge dose of DFCBNOE4711 But in a sign of just how text messages found him buyer remorse after getting remove any uncertainty over disastrous the Banks ACT’s continued survival. offering to supply LSD, WE’VE GOT leadership has been, many in Banks as its accidental leader ecstasy and cannabis between in Hide’s place. Whether Hide The prime minister knows XMAS SORTED GIFTGIG CARDS the party have been actively and trusts Hide and knows he September 2012 and January is so ready to let bygones be SHOPSHS ONLINE @ WeW wwill MATCH 2013, the court was told. anyanany competitor’s can work with him – enough noelleeming.co.nznno advertisedadadve price bygones remains to be seen – PLUSPLU give to give ACT a shot at living to A police raid of Jackson’s you Fly Buys^^ home on January 24 found a Make the most of your time - shop online at fight another day.
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