PATTRICK SMELLIE: NZX partial-listing Auckland's best port option?

PATTRICK SMELLIE: NZX partial-listing Auckland's best port option?
Pattrick Smellie
Auckland councillor Chris Darby’s out-of-the-blue proposal that the city sell a 50 percent share of its port to central government is almost certainly doomed for all kinds of reasons.Why would the Crown take the hospital pass of owning a port whose future is a political and commercial conundrum? Why would central government make a better owner than the council?The Beehive has plenty of other conundrums to deal with and, despite the quantities of government debt being magicked up from nowhere these days, it has many other more pressing use...

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