Splashing cash at Waitangi

So far one of the biggest stories of the lead up to Waitangi Day is the splashing of Government cash.

It looks more like a political pork barrel campaign than a dignified marking of New Zealand’s most important historical event.

And it’s not just the PR use and abuse of being in the national spotlight that is raising questions.

Newshub can reveal the Government’s Provincial Growth Fund (PGF), designed to create jobs and boost the regions, has only created 54 jobs and spent just $26.6 million of its $3 billion.

Even with just 3.4 percent of the funding paid out, each job is costing the Government about $484,000.

Minister in charge of ther Money Machine, Shane Jones:

“I accept that the projects are going to take a while to fully establish…The Regional Economic Development Minister find himself tangled up in the Government’s own red tape. Despite my heroic rhetoric, it is quite a red tape process”.