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The previous Government's $30 million bailout for Rio Tinto was meant to be the last – but now the company is angling for another handout.
This would be a disaster for taxpayers. The last thing we need is for international corporates to see New Zealand as a soft touch for corporate welfare. If the Government caves in, other companies will be emboldened to make false threats of closure in order to secure taxpayer dosh.
"I call on the Government to rule out any taxpayer-funded bailout of Rio Tinto."
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