Political wrap: Big moments in Michael Wood, Jan Tinetti blunders at Parliament

Embattled Immigration Minister Michael Wood has told Parliament he's finally offloaded his airport shares on the very day an inquiry into his financial interests was announced. 

But Wood wasn't the only minister in the fire on Thursday. 

Double, double toil and trouble. There were two ministers heads down in the naughty seats on Thursday. Both full of regret. 

"It is a decision that I deeply regret," said Education Minister Jan Tinetti. 

"These are major errors on my part and I deeply, deeply regret them," said Wood. 

Three years of reminders, of stalling, of procrastination, Wood has finally sorted his shares. He's confirmed he has sold them and donated the proceeds to charity.

The minister was stood down from his Transport portfolio this week for failing to declare he held shares in Auckland Airport.

He was reminded no fewer than 12 times by the Cabinet Office to sell them but said he lost track of the paperwork.

"Like everybody, I can't quite understand what has happened here. Michael is a hardworking, diligent, conscientious person. He is one of the people who does deal with the details, he does get across things," Prime Minister Chris Hipkins said.

In the space of 24 hours, Wood managed to get it done, selling his two shareholdings in Auckland Airport worth a total of $16,400. 

"I have also followed up and corrected the register of pecuniary interest going back to 2017," Wood said. 

Despite being asked outright by a Newsroom journalist in writing within six days of his third warning from the Cabinet Office, Wood never added the shares to his public record of financial interests.

The Registrar of Pecuniary Interests launched an inquiry on Thursday.

"I think it's appropriate and is a useful exercise to go through at the moment," Wood said. 

It has also been revealed the previous Prime Minister Jacinda Ardern was aware of Woods' share affair. 

"Clearly, I would have liked to have had that info a little bit earlier. Having said that, the responsibility rests with Michael Wood," said Hipkins. 

Wood said he had "let the Prime Minister down".

"I have let my colleagues down, I have let myself down."

The other letdown is Jan Tinetti, who was forced to front up to Parliament's powerful Privileges Committee.

Grilled for a whole hour in the hot seat of Parliament's court over why her staff sent emails to the Education Ministry requesting they delay the release of attendance data to coincide with a $74 million truancy announcement.

"I do set clear expectations around what is acceptable by my staff and this clearly, clearly overstepped the mark," said Tinetti. 

And why she misled the house about it.  

"I was unaware of any of these emails at the time."

She was also asked how exactly she was unaware they'd done so.

"How can you be functioning as a minister with all due respect," asked National's Gerry Brownlee. 

Tinetti said her focus was on the data itself, not the release of the data. 

The Prime Minister said he accepts Tinetti at her word. 

"I also accept her at her word that she didn't intend to mislead Parliament."

Her staff told her immediately she'd misled the Parliament but she didn't correct the record at the very first available opportunity - it was 14 parliamentary sitting days before she finally admitted she was wrong. 

"I made a judgement not to correct my statement and then got on with my role as minister," said Tinetti. 

She said she understands her responsibility to the House. 

But before the day was out, she was back on the correction buzz, having to correct an answer to a question she was asked on Thursday.

She got the date of the attendance data release wrong. 

Jenna Lynch Analysis

When are we going to see an end to this series of ministerial messes?

It looks like no end in sight.

Michael Wood won't be reinstated as Transport Minister until that inquiry comes back.. 

Jan Tinetti awaits the fate of her Privileges Committee hearing - that'll take a couple of weeks.

The Stuart Nash donor report is yet to be delivered too.

Bread and butter is off the menu for at a couple of weeks.

You have to feel for the Prime Minister. Most of these mop-ups date back to the Ardern years - but he is increasingly looking like he's steering a rickety rookie ship.

Tinetti and Wood's political crimes are unforced, amateur errors.

The question for Hipkins now is whether he can lay down the law for Labour, stop this series of stuff-ups, or whether his colleagues are going to force him to go down the captain of the good ship numpty.