This blog was dedicated to the monitoring of latest developments in Central, Regional and Local politics from its base in New Zealand's capital city, Wellington. The blog was run by a team with unique insights into latest developments. The Hive was not politically aligned, but did support policy that was best for the growth of business and the economy. Given the obvious interest from our readership The Hive from time to time delved into the politics of other countries or regions.
Apr 27, 2008
Airportgate: Has Cullen Lied Again? Or Did He just Misread His Briefing Papers?
On re-reading the Treasury advice to Cullen on the proposed Canadian investment in Auckland Airport we see that Treasury advised that a policy setting a 49% limit on foreign control would be preferable to what the Government was proposing. Hang on, isn't that what John Key proposed? But didn't Cullen tell us that the proposed National policy was going to breach international commitments? And don't we now know that the Government's policy has, according to Treasury, breached international commitments?