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United Future
Since: Aug 2007
Posts: 314

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Dunne urges caution on asset sales

UnitedFuture leader Peter Dunne is warning the Government to be careful about any potential sale of State assets.

He said selling State assets for no more than ideological reasons would rightly arouse strong and widespread public opposition.

“Simply selling assets on the vague premise that they would be better off in the private sector is not a good enough argument, but equally Kiwis are no longer in Labour’s camp of ‘shock, horror, hysterics’ at the very idea of some degree of asset sales.

“The vast majority of New Zealanders certainly think privatisation went too far in the past, but they may now be more open to a proper discussion on some degree of private ownership – New Zealand ownership – of some assets,” Mr Dunne said.

“There is an argument that the capital base of some state-owned businesses needs to be expanded to enable them to remain competitive and to grow, and that the State is not in a position to fund this expansion.

“I think New Zealanders are open to that argument – but they will not tolerate open slather, and National needs to understand that.
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liberalcentrist
Since: May 2008
Posts: 27

This is a much more thoughtful approach to any selldown of ownership of some non-strategic and non-monopoly SOEs. If kiwis don't have the savings and capital required to invest then perhaps any selldown should be delayed until we can retain control within NZ ownership.

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