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Video: Does John Key have a secret bailout list ?

Video: Does John Key have a secret bailout list ?



Hon Phil Goff: Is the Prime Minister telling the House that his comment quoted on NewZealand.co.uk that letting Fisher and Paykel Appliances fail would be unacceptable is therefore inaccurate? " Hon JOHN KEY: I think the member should read out the whole quote. The question was whether, if an offshore company"”I think it was in reference to"”wanted to come into New Zealand, we might look at changing the rules. The answer was that I think failure there is unacceptable. No assurances have been given to Fisher and Paykel Appliances that it will not be allowed to fail. That does not mean that the Government does not reserve the right to look at whether there are things we can do. Hon Phil Goff: How many companies are on the list of businesses that the Prime Minister referred to on 21 January as being those that the taxpayer could be asked to bail out, how much is he prepared to spend on bailing out such companies, and where will he draw the line between which companies will be bailed out and which companies will be allowed to collapse? Hon JOHN KEY: There is no list of companies to bail out; there is advice from Treasury of sensitivities within the market and challenges that companies could face. There is no long list of companies to bail out." From parliament.nz.

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