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

Washington plans to open private funds to more investors
Finance

Washington plans to open private funds to more investors

 Momentum builds to change rules blocking most Americans from investing in private equity.

NZME board spill attempt - opponents near 40%
Finance

NZME board spill attempt - opponents near 40%

The bid is currently just under 11% short of the necessary numbers to succeed.

Pattrick Smellie 06 Mar 2025
Adrian Orr stands up Ben Bernanke
Finance

Adrian Orr stands up Ben Bernanke

The former Fed chair is in NZ for the central bank's marquee conference this week.

Pattrick Smellie 06 Mar 2025
Why Adrian Orr left now: a plausible theory
Finance

Pattrick Smellie: Why Adrian Orr left now: a plausible theory

Is the Government poised to free up restrictive bank capital requirements?

Pattrick Smellie 05 Mar 2025