If elected, National will offer New Zealanders minority shareholdings in four state-owned energy companies and Air New Zealand.
Air New Zealand has operated successfully under this mixed ownership model for almost a decade.
The Government will keep at least 51 per cent of these businesses and Kiwis will be at the front of the queue for shares. We expect around 85-90 per cent of these companies will be owned by New Zealanders.
It’s important to remember that we’re talking about less than 3 per cent of taxpayers’ total assets of $245 billion, which will still grow by $22 billion over the next four years.
The alternative is a lot more debt, which is what Labour is promising.
The mixed ownership programme will free up billions of dollars for the Future Investment Fund to invest in new priority assets such as modern schools, hospitals, and public infrastructure - without the Government having to borrow more from foreign lenders. We would rather pay dividends to New Zealanders than interest on more debt to foreigners.
Finally, it will give New Zealanders – many of whom lost money in collapsed finance companies - an opportunity to invest in this country’s future.
The mixed ownership programme will achieve all of these things while ensuring our country doesn’t go deeper into debt.
This is a smart policy that will strengthen the New Zealand economy.
For more information, click here.
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" Finally, it will give New Zealanders – many of whom lost money in collapsed finance companies - an opportunity to invest in this country’s future."
ReplyDeleteSlight problem here the money is lost.
That said I hold you responsible for my banishment from Red Alert when I made a far gentler assessment of Clare Curran's achievements versus yours than I did on my own blog.
" That is a bloody awful result Dunedin South is an electorate I lived in for many years. Hell you could pin a red rosette on John Minto and he would struggle to lose it. For f*%#@^ sake Dunedin voted National if you look at party vote. I now at least know why Phil Goff spent so much time in Dunedin it mystified me during the campaign but what the hell is happening on the ground down there is beyond me, Goff should have had Dunedin in the bank months ago instead it would appear Woodhouse and Hayes quietly deposited it into John Key's account. A while back I blogged about Curren and Grant Robertson and predicted they would go along way possibly even the top. Curren needs to do a lot better to make that happen."
The full blog is here.
http://hamishinauckland.blogspot.com/2011/11/rise-robertson-from-fall-of-labour.html#comment-form
That was an excellent effort on your part. I obviously shouldn't have acknowledged it but as another person pointed out and he can probably expect a ban from Red Alert
"....you need to bear in mind that often the heretic is far more hated than the infidel,..."
I see some people are considering rejoining Labour if Shearer wins on Tuesday I somehow doubt they would welcome me with open arms but it might be fun to try.