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sydney alternative media - non-profit community independent trustworthy
Monday, 29 December 2008
Rudd's new finance 'champ' Mr John Pierce, out of the NSW ALP machine, cost $200K on USA sabbatical?
Topic: nsw govt

New job...Robyn Kruk, said to be dissatisfied with Joe Tripodi (left)...Resources role, John Pierce, the former state Treasury (right).

Picture via SMH: New job...Robyn Kruk, said to be dissatisfied with Joe Tripodi (left)...Resources role, John Pierce, the former state Treasury (right).

Environmentalist and community activist Lynda Newnam has revealed this interesting $200K plus sojourn of a NSW Govt finance supremo in the USA lasting some 6 months in 2004-5, all at taxpayer expense.

Interesting because John Pierce is apparently now with the new Rudd regime as per a scarce Boxing Day edition of the Sydney Morning Herald.

Pierce is a big wheel in NSW ALP governance as per this 2006 briefing note by Hawker Britton (ALP aligned lobbyists).

This sort of corroborates the attack of the Opposition today with new treasury spokesperson Mike Baird in harness, which is a fairly energetic start to the new political year.

Sent: Saturday, December 27, 2008 11:54 AM
Subject: Rudd needs new blood
Hi All
If we could single out any one person for delivering the Port Expansion I think it would be John Pierce. I sent this letter off yesterday. Seems the appointment of Pierce will pass without a murmur and the media will continue to focus on Carr and Iemma as the bad boys. I wouldn't be surprised if Pierce had been advising Rudd before coming into the job and had a hand in lowering the targets in the Carbon Pollution Reduction Scheme. The appointment of Kruk to head Peter Garrett's department is also disturbing.
The following is from the 2004-05 Annual Report of NSW TREASURY - in that year the annual salary for John Pierce was $412,280 - from August 2004-January 2005 (the month that Egan resigned) Pierce was in the USA - from page 99: http://www.treasury.nsw.gov.au/__data/assets/pdf_file/0017/2609/04-05_annreport.pdf

United States of America

The Secretary, John Pierce was on assignment in the United States of America from August 2004 to January 2005. He was commissioned by the then Treasurer, Michael Egan,to explore policy options to respond to long term budget pressures from an ageing population and trends in expenditure growth. Mr Pierce was based at the Boston University where he accessed research on long-term fiscal policy. He also investigated research by the Kennedy School of Government on productivity and performance. Mr Pierce consulted Federal and State officials on the United States. experience and International Monetary Fund staff. The results of Mr Pierce.s research will be used in a coordinated effort by Commonwealth, State and Territory Treasuries in formulating a response to the challenges confronting all governments due to an ageing population and expenditure growth.

So for over $200,000 plus all the travel and accommodation expenses and the cost of an acting Treasury secretary, Egan sends Pierce for a trip around the USA in the last six months of his tenure as Treasurer. Surely the State could have got more for the 'research dollars'. This sounds more like a parting 'gift'.

Cheers, Lynda

----- Original Message -----
From: Lynda Newnam
To:Letters to editor
Sent: Friday, December 26, 2008 3:46 PM
Subject: Rudd needs new blood
John Pierce, Financial Supremo for NSW from 1997 to November 2008 has been appointed to head up the Federal Department of Resources, Energy and Tourism. (Herald 26/12/08 "Rudd picks senior officials who quit NSW bureaucracy") During the years that Pierce was Treasury Chief the NSW government squandered opportunities to invest in public infrastructure, entered into Public Private Partnerships which strongly favoured the private over the public, and stifled development in key regions of NSW while fostering congestive growth in Sydney. Captain Rudd is not going 'to turn the Queen Mary around' if he appoints 'business as usual' crew.

Posted by editor at 8:05 AM EADT
Updated: Monday, 29 December 2008 8:22 AM EADT

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