Boomer King Watch: What assets will Wayne Burns privatize to Chinese business interests?

By
Martyn Bradbury
-
27
1575
Worst menage trois ever.

Now that the Boomer King has surveyed his realm, the realisation that a cabal of right wing privatisation acolytes were secretly running his campaign…


…means the next focus is on what Auckland assets Mr Burns intends to privatise to the Chinese business interests that were so instrumental in his victory.

This will be problematic because a lot of Auckland’s assets are things like parks, council housing and land. Mr Burns requires new Board Members on the CCOs because he won’t be able to get his privatisation agenda through if the old self interested guard are still there.

The smart move for Team Burns them will be to allow Auckland to drift so that when the economic meltdown kicks off next year, the Boomer King can suddenly present his fire sale list as a solution to urgent economic pain.

“I’m selling everything to keep rates low’ will be his mantra.

I would expect a ‘report’ to come out suggesting a vast leap in rates to cover the perilous position Auckland has been left in and that those rates will terrify and enrage ratepayers.

It will be important for the Chinese Business interests lining up to buy everything that they have very European sounding company names and that the ownership is convoluted and hidden or else it will all appear too premeditated, so expect to start hearing about development companies you’ve never heard of fronted by Pacific Island or Māori sportspeople.

Aucklanders of course thought they were voting for ‘Mr Fixit’, what they are about to get is a true lesson in brutal right wing politics.

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27 COMMENTS

  2. Chinese investors have already arrived. They built heaps of apartments and hotels in downtown Auckland.
    Eke Panuku sold off Wynyard Quarter to a bunch of mates real cheap!
    Eke Panuku sold off the Council Building to some mates on tick real cheap after spending $80m on the refurbishment first before it was sold on tick. So if you’re looking for a target to focus your energy then eke Panuku is a good place to start. Or AT.

  3. Chris Mathews from Mangonui–known in NZ Labour Circles by some as the “Lizard” from Helen Clark’s time in Govt. was involved in this little scam too. Browny is on record for so much–insider trading for personal development projects, unauthorised spending of ratepayer funds, attempting to set up mining deals with sister cities in China and Canada, sacking union members but not non members…

    I guess the good news is that “Browny” will likely crash and burn. The Far North is still a bit like “the land that time forgot” due to remoteness, but Supercity workers will not accept his crap and the media will be watching.

    But with low rates of public participation, will anyone give a shit about final asset sales is my worry. Bruce Jesson bless him, laid in all out years ago, “Behind the mirror glass” and so on, “drinking Martinis and watching the sunrise…”

  4. Why, is Auckland? What does Auckland do? What income does Auckland bring in by way of export revenue? More importantly, what exports derived revenue does Auckland spend on itself?
    How does Auckland benefit AO/NZ overall? Will it really matter when Auckland inevitably becomes a boring ghetto only kept company by grave yard full of the dead bodies of old crooks?
    When the hair fetishist jonky jumped ship like the rat he is, I knew Auckland was a debt-logged, dead duck waddling. Auckland was built on the backs of hard working and predominantly South Island farmers and pretty soon, Auckland’s smoke and mirrors games of high wankery and free money will be up.
    Re Auckland politicians who think we care..? We don’t. Trust me… we don’t. In the immortal words of Miriam Margoyles “So fuck you, bastards.”
    Miriam Margolyes swears live on air about chancellor Jeremy Hunt
    Actor, 81, told BBC’s Today programme she wished him luck in his new job but wanted to say ‘Fuck you, bastard’
    https://www.theguardian.com/culture/2022/oct/15/miriam-margolyes-swears-live-on-air-about-chancellor-jeremy-hunt

  5. Many lefties want all land privatised because they don’t have too much critical thinking and are not ‘details’ people. So many woke want more housing on it, and get more people with no/low/undeclared incomes into NZ. Lefties dreamed up Kiwibuild which privatised state house land.

    Pretty sure that left supported mayoral candidates wanted to privatise the water…
    Mayoral candidate John Tamihere: Part-privatise Auckland’s Watercare
    https://www.stuff.co.nz/auckland/113921805/mayoral-candidate-john-tamihere-partprivatise-aucklands-watercare

    What we find out is that many other nationals in the world can come to NZ with more money and buy up assets and become NZ residents and citizens really easily, or just buy new apartments from anywhere in the world, because they earn more overseas and can access lower interest rates, have better tax breaks, than people who live and work in NZ.

    The myth of high rents in Auckland does not seem to be true – oh more false echo chambers from the lefties and righties. Don’t see many in power and the media worrying about our low wages and high interest rates through! Weird how much higher milk and cheese is in NZ when we produce it. But like many things now owned by many dual citizens who are Kiwis apart from not having been born here, don’t work here and don’t live here much.

    Rent Prices in Auckland are 24.80% LOWER than in Sydney.
    Monthly salaries after tax are 27% lower in Auckland than Sydney.
    Bank interest rates in Auckland are 37% higher than Sydney.
    https://www.numbeo.com/cost-of-living/compare_cities.jsp?country1=New+Zealand&country2=Australia&city1=Auckland&city2=Sydney&tracking=getDispatchComparison

    Rent Prices in Auckland are 38% LOWER than in London.
    Monthly salaries after tax are 2% higher in Auckland than London.
    Bank interest rates in Auckland are 61% higher than London.
    https://www.numbeo.com/cost-of-living/compare_cities.jsp?country1=United+Kingdom&country2=New+Zealand&city1=London&city2=Auckland&tracking=getDispatchComparison

    Rent Prices in Auckland are 47.38% lower than in Singapore
    Monthly salaries after tax are 25% lower in Auckland than Singapore.
    Bank interest rates in Auckland are 107% higher than Singapore.
    https://www.numbeo.com/cost-of-living/compare_cities.jsp?country1=Singapore&city1=Singapore&country2=New+Zealand&city2=Auckland&displayCurrency=NZD

      • Indeed, SaveNZ always provides links rather than one liner reckons, but a summary would be good sometimes.

        • You guys make my point, unfortunately life is more complex than a 1 liner, and 100 characters on twitter.

          To make things work better, you need to analyse details and work out the missing links.

          For what seems like 10 years+ we have heard that high rents in NZ is a big problem, but a quick international check on other similar countries shows that is a lie. Other countries have higher rents but not poverty spiralling out of control, so it is not the rents, it is because they pay higher wages than NZ and other common products are much lower like interest rates and milk.

          However when you look at London which has become a basket case, it is similar wages to NZ after tax. Unfortunately you can’t survive on those low wages in modern society and poverty and dysfunction will happen.

          The UK is now full of politicians with dubious links to non democratic countries through donations and close relationships, and the standard of their economics in government is pretty substandard by the look of it. They have burnt their relationships with Europe and no doubt Putin thought that he could cruise into Ukraine and nothing would happen with Europe in turmoil – soft power strategy using mass production of one liners and twitter twits to destroy common sense and ethical behaviour.

      • Nope, most rental agents are appalling.

        However if the lefties were forced to live in emergency housing for 4 years they would be begging for quinovic, is my guess.

        Easy to cancel from a position of privilege.

        Easy to put up taxes to the squeezed middle class when your ideological failed policy makes massive amounts of debt on the country – but you refuse to admit you are wrong.

        It’s the Labeen version of the Meth test levels.

  6. I don’t care to whom they privatise public assets [spelled with an s, not with the z that Microsoft commands Martyn to use] – so long as they don’t.

  9. I recall in the 00’s, marching down Queen Street protesting the emergence of the ‘Super City’. We were unsuccessful and all it did was stretch the legs. Perhaps we were correct….

  10. Dalzell did something very similar when she became mayor of Otautahi (Christchurch) with two reports from supposedly independent consultants saying sell sell sell. Trouble was the reports didn’t actually say that and there was an hysterical creep in the figures as time went by. Another problem is that Cameron had worked with Lianne while she was minister and the report came through so quickly that it was hardly credible that it had not been commissioned prior to the election. In the end she managed to shed Redbus but that was caused as much by central government’s PTOM (Public Transport Operating Model) as by CCC. Unfortunately PTOM has caused much of our public transport to be sold and stuffed up, central government changed the PTOM but too late

  11. It is just sad. Sad that the motu and Tamaki Makaurau have deteriorated in general society in line with Brexit since Thatcher. We are a large Pasifika Nation, we could have elected a Pasifika mayor, born in Tamaki Makaurau, educated in Tamaki Makaurau, with a young family in Tamaki Makaurau. But democracy is dead or privatised or corrupted or most of us are so distracted with real life, that political representation seems meaningless. We all knew Wayne Brown was evil. Even boomers and some parents of boomers knew he was evil. I do not understand who actually voted for him. Which lends to the question, if there was a 35% turnout, a postal vote, administered by a private company, which candidate comes from a private business, insider trading etc background? Not Efeso Collins. So a person who has been admonished several times by MBIE for unethical business practices, a man who wanted to hide his age, then attacked the great defender of Tamaki Makaurau Simon Wilson, because Simon Wilson gives a shit about our great city. We have not elected anyone. This is a city with a dictator. Rodney Hide was responsible for allowing this to happen, but we have to live this reality. Wayne Brown does not have a mandate to be mayor of Auckland. And there is NOTHING that we can do about it. NOTHING. This city is CORRUPT, have no doubt about that, and money keeps the world gently spinning out of orbit, as we march off the cliff into oblivion. Fortunately us atheists and marxists know that nothing can save us from ourselves, so all we can do is never give up the fight!

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