Headline: Asset sales fail another test
’Mum and dad’ buyers in National’s sell-down of Air New Zealand were rarer than hens’ teeth
News that there were just 6,500 New Zealand buyers for Air New Zealand shares marks yet another failure for the National Government’s asset sales agenda, Green Party Co-leader Dr Russel Norman said today.
“‘Mum and dad’ buyers in National’s sell-down of Air New Zealand were rarer than hens’ teeth,” said Dr Norman.
“Getting just 6,500 buyers for Air New Zealand is a complete failure. These are not every day New Zealanders. With an average purchase of $23,000 per buyer, these are wealthy individuals or organisations, not typical Kiwi families.
“National pledged that these asset sales would be a chance for ordinary New Zealanders to buy shares. Instead, the shares have gone to institutions and foreign buyers with just a tiny, wealthy fraction of the New Zealand population getting any.
“Asset sales are National’s flagship economic policy, and they have failed by every measure. They’ve raised $1.2 billion less than expected, cost twice as much as promised, and been shunned by the public.
“New Zealanders now have the chance to vote “no” in the referendum and send National a clear message to stop the asset sales madness,” said Dr Norman.
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Morons!
It’s just about done and dusted. Genesis may or may not be partially sold and that’s the end of it.
You clowns can moan and bitch as much as you like; it won’t turn the clock back.
Face it, you lost!!!!! Get over it and move on.
As for that waste of money referendum; shame on you all!
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