Sometimes, you have to despair at the standard of political
debate in this city.
Readers may have noticed that a recent change to Newcastle
Council’s investment policy has made waves in the local and national media.
The change added a preference for “environmentally and socially
responsible investments” where any such investment complies with legal requirements
and policy objectives, and offers a favourable rate of return compared to alternatives.
Essentially, it means that the council should go for more environmentally
and socially responsible investment options, all other things being equal.
By any reasonable measure, it’s a pretty moderate and
sensible change. How else would a reasonable ratepayer expect our council to invest
our money?
The change was initiated by Labor’s Ward 3 councillor,
Declan Clausen, and was carried by a combined vote of Labor and Greens
councillors. Liberal and Independent councillors voted against it.
The initial local newspaper coverage of the change followed
the stock-standard pattern of a tabloid media beat-up that didn’t let facts stand
in the way of setting up a good old fashioned barney between well-known
mouthpieces of the coal industry (Tony Abbott, Bob Baldwin, Joel Fitzgibbon,
the Hunter Business Chamber) and Labor’s relatively new Ward 3 councillor and Lord
Mayor.
Clearly, the coal industry advocates were worried that the industry
might not brush up too well on “environmental and social responsibility” criteria,
and that the council’s policy might send a signal to this effect.
Wow! Hold the front page on that scoop.
Under obviously intense media and internal party pressure,
the Labor councillors gave the unfortunate appearance of backing away from
aspects of the policy in the days following the change.
Spurred by the smell of political blood, the Liberal Party (and its key media supporter, the Australian newspaper) even criticised the council for entering into an agreement with Port Waratah Coal Services (PWCS) for $12million in development levies to cover its proposed Terminal 4 development.
The Australian reported Newcastle Liberal councillor and
Lord Mayoral hopeful Brad Luke as branding this move “hypocritical”, on the
grounds that it was somehow inconsistent with the decision to change to the
investment policy.
Really?
Could anyone seriously suggest that a council should
forgo development levies designed to compensate for the impact of a development
on a community on the grounds that the same council might want its investments
to be used to support socially and environmentally responsible industries?
The $12million agreement with PWCS was adopted by a combined
Labor, Liberal and Independent vote (including Clr Luke).
Greens councillors Therese Doyle and Michael Osborne opposed
the deal on the grounds that the amount fell too far short of the $48million
levy that would be owed if the council’s adopted 1% of value policy was applied
to the $4.8billion development proposal.
For this they were accused of “having a price”.
What nadir of the political discourse have we reached when
councillors can be subjected to such an allegation for fighting to get a better
deal for the city from a major industrial development that they think is not
paying its way?
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