Auckland airport share sale: how not to win an argument

Auckland airport share sale: how not to win an argument
Wayne Brown prepares to run his mouth/argument for selling airport shares last week. (Image: NZME)
Pattrick Smellie
Wayne Brown’s crazy uncle routine is obscuring the fact that he’s got a very strong case in favour of selling the 18% share of Auckland international airport that Auckland council owns.It’s also obscuring a fact that Aucklanders aren't facing.That is, the city has failed for years to take advantage of the strategic potential that owning a large chunk of New Zealand’s gateway airport would normally confer.The fact is that if councillors vote on Thursday to quit the city’s shareholding in the airport, it will be...

More Finance

ANZ admits 'unacceptable failure' as bond probe continues
Finance

ANZ admits 'unacceptable failure' as bond probe continues

Regulator is investigating the bank over its bond turnover data.

AAP 25 Jul 2024
ComCom will try to bring down PayWave, credit card surcharges
Finance

ComCom will try to bring down PayWave, credit card surcharges

Card industry tried to regulate itself, Govt has tried, now it is ComCom's turn.

Staff reporters 23 Jul 2024
Massive cyber outage cripples banks and other organisations worldwide
Finance

Massive cyber outage cripples banks and other organisations worldwide

A major cybersecurity outage has taken out computer-reliant services

Dileepa Fonseka 19 Jul 2024