MRP float delay to cost between $5 million and $10 million

Mon, 03 Sep 2012

By Pattrick Smellie Sept. 3 (BusinessDesk) - Delaying the partial privatisation of MightyRiverPower will cost the government between $5 million and $10 million, Prime Minister John Key said. Opposition parties vowed to use the six-month delay to push for cancellation of the unpopular asset sales programme, which is already the subject of an attempt to force a non-binding referendum. However, Key indicated today the government would not be dissuaded by a referendum from its intention to partially privatise up to five government entities, thre...

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