Posted in NEWS by NZTU Media | August 20, 2026
Fletcher Building has posted a $228 million net profit, just one month after the Government handed its Golden Bay Cement subsidiary a $60 million taxpayer bailout.Taxpayers’ Union spokesperson Levi Gibbs said:“Taxpayers were told this handout was needed to keep Golden Bay Cement afloat. A...
Read more about Fletcher’s $228m profit exposes $60m taxpayer stitch-upPosted in NEWS by NZTU Media | July 17, 2026
In response to reports of mounting losses from Callaghan Innovation’s business loan book, Taxpayers’ Union spokesperson Tory Relf said:“The Government must simply stop trying to pick winners. These are either loans too risky for private investors or opportunities good enough to attract private money...
Read more about Callaghan losses show Government must stop picking winnersPosted in NEWS by NZTU Media | June 25, 2026
The Taxpayers' Union is welcoming today's announcement - in particular - getting regulatory taxes out of the way of both solar and micro hydro.Taxpayers' Union Spokesman, Jordan Williams, said:"We've long argued against green energy subsidies and in favour of clearing the path of regulatory...
Read more about Solar announcement beats dumb solar subsides - gets government out of the wayPosted in NEWS by NZTU Media | May 27, 2026
Responding to reports that the Government is considering establishing something similar to Australia’s Business Growth Fund, Taxpayers’ Union spokesperson Tory Relf said:“The Government needs to stop speculating with taxpayers’ funds."“This looks eerily similar to Callaghan Innovation, which was disestablished last year because it had...
Read more about Government needs to stay away from ‘picking winners’Posted in NEWS by NZTU Media | April 23, 2026
The New Zealand Taxpayers’ Union can reveal through an Official Information Act requestthat $161,985.55 of taxpayer funding has been used to subsidise insulation upgrades in Summerset's privately-run Wanganui and Havelock North retirement villages.The funding was provided through the Warmer Kiwi Homes programme, with payments...
Read more about REVEALED: $160,000 in Corporate Welfare Upgrades for Private Retirement VillagesPosted in NEWS by NZTU Media | December 14, 2023
The Taxpayers’ Union is slamming today’s announcement from Judith Collins that the Government is doling out more corporate welfare via Callaghan Innovation instead of cutting waste and delivering tax relief to hard-working New Zealanders.Taxpayers’ Union Campaigns Manager, Connor Molloy, said:“Any hope that this Government would be...
Read more about Judith Collins crushing taxpayers with latest round of corporate welfarePosted in NEWS by NZTU Media | November 29, 2023
The Taxpayers’ Union welcomes the Government’s 100 day plan as a good start but is calling them to add issuing stop work notices for all corporate welfare programmes to the list.For a start, this should include the EECA and Callaghan Innovation which currently have...
Read more about 100 Day plan a good start but cuts to corporate welfare missingPosted in NEWS by NZTU Media | November 16, 2023
The Taxpayers' Union can reveal that a $6 million taxpayer-funded hydrogen truck initiative has failed to deliver a single truck, despite promises that they would be on the road by 2022.Oliver Bryan, Investigations Coordinator at the Taxpayers’ Union, expressed dismay, stating, "It's an affront...
Read more about All Revved Up with No Trucks to Show: Hydrogen Project Gaslights TaxpayersPosted in NEWS by NZTU Media | October 3, 2023
The Taxpayers’ Union is questioning the Government’s decision to provide corporate welfare to the wood processing sector, both in the form of direct hand-outs and the Government playing bank manager by providing loans when this could easily be left to private sector banks....
Read more about Corporate welfare for wood processing leaves Taxpayers’ Union stumpedPosted in NEWS by NZTU Media | October 2, 2023
The Taxpayers’ Union is slamming Cabinet's decision to provide yet another taxpayer-funded handout to Ruapehu Alpine Lifts (RAL), this time to the tune of $7 million. Taxpayers’ Union Head of Campaigns, Callum Purves, said: “We warned earlier in the year that taxpayer-funded bailouts for failing...
Read more about Taxpayers’ Union shivers at thought of more corporate welfare for ski fields