Public assets, private investors: a match made in investment heaven?

Who doesn't want to own an airport? Christchurch's is owned by the local council and the Crown. (Image: George Heard, NZME)

Rebecca Stevenson

Fri, 31 Jan 2025

Cash-strapped councils and the Government will need to think outside the box to raise money, and market watchers say full or partial asset sales would be an elegant solution to the public funding conundrum. Public asset sales have been put on the agenda by Prime Minister Christopher Luxon, but not any time soon. He has said a discussion about asset sales will occur going into the next election. Act leader David Seymour has said privatisation needs to be talked about more openly. The Treasury has encouraged the Government to...

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