Skip to content

Peters pitches power breakup, economic nationalism and COVID accountability

Peters said the big power companies should “no longer control both the power and the price”.

Table of Contents

Summarised by Centrist

Winston Peters used his State of the Nation speech to unveil a headline policy to break up the electricity gentailers. 

Peters said the big power companies should “no longer control both the power and the price”, arguing the current system lets a small group dominate generation and retailing at the expense of consumers. 

He said the proposal would mean “more power stations. More renewable energy. More competition. More resilience.”

Peters admitted the economy “isn’t where it should be”, using that backdrop to argue for a stronger nationalist approach to major assets and industries. 

He attacked Fonterra over plans to sell brands including Mainland, Anchor and Kapiti, saying it had shifted from a “propped-up nationalist company” to a “sell-out globalist company”. He also rejected calls to sell the government’s stake in Air New Zealand.

Peters also returned to COVID, saying the latest inquiry raised fresh questions for former Labour ministers, including Chris Hipkins and Ayesha Verrall. “Someone needs to be held accountable,” he said. He also claimed Labour failed to properly inform the public about vaccine risks, a charge Labour denies.

Peters took aim at Labour, the Greens and Te Pāti Māori, framing NZ First as the party willing to confront opponents that others tiptoe around. 

The event doubled as a campaign launch platform, with Alfred Ngaro unveiled as a new candidate. Ngaro said NZ First stood for “what is right” and told supporters that “the best days of New Zealand are not behind us, they are ahead of us.”

Read more over at RNZ

Receive our free newsletter here

Latest

Face of the Day

Face of the Day

“I did four drug tests in camp and passed them all and then I fail on fight day. Who in their right mind would take drugs on fight day, especially when you’ve had the best camp of your life?” – Joseph Parker

Members Public
The Good Oil Word of the Day

The Good Oil Word of the Day

The word for today is… artisan (noun) - 1: a worker who practices a trade or handicraft : craftsperson 2: a person or company that produces something (such as cheese or wine) in limited quantities often using traditional methods — often used before another noun Source : Merriam-Webster Etymology : Artisans aren't

Members Public
Night Cap

Night Cap

If you have a great Youtube, Rumble or Vimeo video to share send it to videos@goodoil.news If you're loving this trusty, straight-up news on Kiwi politics and beyond, why not become a paid member, eh? Unlock exclusive yarns, podcasts, vids, and in-depth analysis—your support keeps

Members Public