Ports and airports in demand: why councils should consider NZX listings

Ports and airports in demand: why councils should consider NZX listings
Port of Tauranga is considered a standout listed performer. (Image: Supplied)
Rebecca Stevenson
“Who out there in their right mind thinks politicians should be running businesses? Seriously?” asks Craigs Investment Partners investment director Mark Lister.On Wednesday, the Government said local government ownership of assets such as ports would be discussed as part of a regional council reorganisation.Market watchers have longed for council assets such as ports and airports to be partially listed on the NZX, like Port of Tauranga and Napier Port.They say infrastructure companies are better run when they’re scrutinised by...

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