Labour won't intervene in any other market, says Roberston

Wed, 24 Apr 2013

April 24 (BusinessDesk) - Labour Party deputy leader Grant Robertson has moved to try and reassure financial markets that its sudden lurch to favour central planning in the electricity industry is one-off. In a statement attacking Economic Development Minister Steven Joyce, Robertson says: "Labour makes no apology for stepping in to fix problems in the electricity sector. But this is not a signal that Labour is going to intervene elsewhere in the economy. "As we said on the day we launched NZ Power, we have no plans to intervene in any oth...

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