Key hanging tough on pre-Christmas asset sales

Mon, 27 Aug 2012

By Pattrick Smellie Aug. 27 (BusinessDesk) - Prime Minister John Key is hanging tough on the government's intention to sell up to 49 percent of the state-owned power company MightyRiverPower before Christmas, arguing the government is already working with Maori to recognise legitimate rights and interests in fresh water. Speaking at his post-Cabinet press conference, Key said he expects to take recommendations on a response to last Friday's Waitangi Tribunal report seeking a halt to asset sales while Maori claims to fresh water are settled....

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