Reading the (very muted) signals from the Finance Minister yesterday it sounds as if they’re leaning towards letting South Canterbury Finance go into receivership, with English distancing himself from the company’s problems. It would be nice to know if this was:
- A negotiating tactic
- A least worse-case scenario arrived at after very careful consideration
- The Prime Minister continuing to exercise his ‘do-nothing and hope that it all somehow works out’ philosophy of government
No doubt TVNZ will be putting the hard questions to the PM on his Breakfast TV interview this morning.
Update: Oh my – I’ve never actually switched on the TV to watch Paul Henry interview Key before. Really makes the term ‘state owned broadcaster’ come alive, doesn’t it?
The PM was very cagey about South Canterbury Finance but frank and transparent about his daughters upcoming trip to France and his fondness for the Royal family. Television New Zealand, ladies and gentlemen!