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Stadium—Funding Commitments

Wednesday 6 December 2006 Hansard source (external site)

English2. Hon BILL ENGLISH (Deputy Leader—National) Link to this
to the Minister of Finance

What commitments, if any, did he make to funding the waterfront stadium option prior to the Government’s announcement that it was considering such an option?

CullenHon Dr MICHAEL CULLEN (Minister of Finance) Link to this

No specific commitments were made.

EnglishHon Bill English Link to this

Can the Minister confirm that he therefore agreed to allow Trevor Mallard to push the waterfront option with no financial parameters at all, and why is he so unwilling to commit any further funding to Eden Park when he offered a blank cheque to an uncosted option on the waterfront?

CullenHon Dr MICHAEL CULLEN Link to this

As we are learning, there were no properly costed options for Eden Park, either. As I told the House many times before the decision was taken, the National Party backed Eden Park with a blank cheque.

EnglishHon Bill English Link to this

Why were no financial parameters set for the Government’s favoured option of the waterfront stadium?

CullenHon Dr MICHAEL CULLEN Link to this

There were no financial parameters set for either option. The Eden Park Trust Board is yet to come back with a coherent funding proposal that will say how much the Government is expected to contribute. I have seen figures appearing in the media; they do not necessarily indicate certain funding from any source for Eden Park.

EnglishHon Bill English Link to this

Why did the Government abandon the Minister’s preferred option of the waterfront stadium?

CullenHon Dr MICHAEL CULLEN Link to this

We said that we would listen to the consensus from Auckland. Auckland, perhaps to our great surprise, managed to disagree with itself.

EnglishHon Bill English Link to this

Can the Minister confirm that he has made a number of statements that are critical of the Eden Park option, and can he confirm to the House that the reason he will not give it a blank cheque is because Labour wants to punish the Eden Park Trust Board for arguing its case and inconveniencing the Prime Minister?

CullenHon Dr MICHAEL CULLEN Link to this

If the member is going to stay on as the seventh deputy leader of the National Party that I have faced, he will have to not let his paranoia run away with him. We will come to an agreement with the Eden Park Trust Board, but it will have to be based on something firmer than what the board has come up with throughout this process. It is National that committed itself to the Eden Park option with no proper design, no design drawings, no budget, and no funding plan.

PetersRt Hon Winston Peters Link to this

Is it possible for any member of Parliament to make a decision that is accountable to the New Zealand taxpayer when the Eden Park Trust Board—members of which some of us know very well—began with a proposition of $60 million, then, realising there was possibly an open-ended cheque, came up with a further two propositions, now reaching $350 million?

CullenHon Dr MICHAEL CULLEN Link to this

Indeed, the first figure is correct, but I think the latter figure is now more like $385 million, plus, of course, additional expenditure in terms of public transport needs and related access matters, etc.

EnglishHon Bill English Link to this

Can the Minister confirm that he committed the Government to the waterfront option with no budget, no plans, no builder, no governance, and a blank cheque?

CullenHon Dr MICHAEL CULLEN Link to this

No. I can confirm that I did not commit the Government to either of two options—neither of which had final plans, neither of which had proper budgets, neither of which had funding sources, neither of which had resource consents, and one of which had a blank cheque from the National Party.

EnglishHon Bill English Link to this

Can the Minister confirm that the Government’s financial statements include an unquantified, uncapped contingent liability for the Rugby World Cup, and when will he act consistently with his supposed reputation for fiscal credibility and put some kind of qualification or cap on the Rugby World Cup—or will he let Trevor Mallard wander around for the next few years with a blank cheque?

CullenHon Dr MICHAEL CULLEN Link to this

No. And when, first of all, of course, the Eden Park Trust Board has a final completed proposal, has consents for that, has a budget, has agreed with the Government on future governance for the future Eden Park and, hopefully, some of the member’s mates in Auckland will cough up with some of the money.

LockeKeith Locke Link to this

I seek leave to table a briefing paper from the Eden Park Trust Board last July that was presented at a briefing here in Parliament and supported by Labour Party members who attended that briefing, with the listed cost of $320 million.

Document, by leave, laid on the Table of the House.

EnglishHon Bill English Link to this

Can the Minister understand that Parliament and the public may be concerned that he seems to have taken such a strong dog in the manger attitude towards the Eden Park proposal, and does this put the timing of that project at risk, just because Labour does not like it?

CullenHon Dr MICHAEL CULLEN Link to this

As I said before, the member must not let his paranoia run away with him. The Government is working with the Eden Park Trust Board. Auckland has spoken, and has said it does not want a gift of a brand new stadium from the rest of the nation. Instead it wants an upgrade of the existing Eden Park stadium. We now have to work through the processes to ensure that that stadium will be ready on time. I am quite sure—as I have said many, many times in this House—that Eden Park will be looking for a large sum of money from the Government. The National Party signed up to that blank cheque in a letter to Mr Mallard some time ago.

PetersRt Hon Winston Peters Link to this

What reports has the Minister received that suggest that the good people of Gore, or, for that matter, Dipton, want to pay, as ratepayers or taxpayers, for a city stadium—or regional stadium at best—that is not a national stadium, which is the type of undertaking that the National Party clearly gave to the Eden Park Trust Board?

CullenHon Dr MICHAEL CULLEN Link to this

I have a strong suspicion that if we were running a great whip-round in Southland for the upgrade of Eden Park, we would raise a lot less than the Labour Party has raised for its great whip-round.

BrownleeGerry Brownlee Link to this

I seek leave to table the letter mentioned by Michael Cullen, which will make it very clear that no such undertaking was made.

Document not tabled.

LockeKeith Locke Link to this

I seek leave to table a copy of an article from the Dominion Post that reports on Helen Clark’s speech at Dublin a year ago, where she apparently committed the Government to the Rugby World Cup without any financial costing.

WilsonMadam SPEAKER Link to this

Leave is sought to table that document. Is there any objection? There is objection.

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