Well I think Pete Hodgson’s career as a trusts lawyer (Cactus feel free to comment) is now well and truly over. For those who have not read the legal advice the PM has released, it is here and Key’s statement here.
I’d say this little attempt to smear Key has been about as successful as the last dozen ones Labour has tried, including their infamous H Fee attempt.
You have to wonder how many hours of taxpayer funded Labour work went into trawling through TV footage back to 18 months ago to find something he said at a dinner, and then digging through company files, all in a desperate attempt to prove wrong-doing in Key’s personal business affairs.
UPDATE: Tracy Watkins independently reaches much the same conclusions:
There is more than a whiff of the H-bomb debacle about Labour’s pursuit of John Key over his blind trust. That must be particularly galling for the new generation on Labour’s backbench.
The burning question is why anyone in their right mind would want to revive memories of a Labour Party that spent its dying days in office trawling through Australian court records for non-existent dirt on Mr Key. The equally troubling question for the rookies must be why Labour’s old hands are intent on repeating the same mistakes. …
Why so determined to drag him down? It is not personal. Labour just want to chip away at the fairytale. Mr Key’s rags-to-riches tale of a state-house boy made good is a huge political asset. Understandably, Labour sees a huge upside in denting that and its goal is to taint the fairytale with the usual big money associations. But it hasn’t done that so far with these latest allegations. Nor with the prevous attempts – which, in the case of the H bomb, came at a heavy cost. And the wounds from that had only recently healed.
So if Phil Goff’s leadership was supposed to turn a new chapter, why on earth reopen them – and, in the process, risk reminding voters that the old hands they voted out are still in charge?
There is no new chapter with Hodgson and Mallard still running things.