The soften up for the next big fire-sale of Kiwi assets is well under way in Auckland, as Rogernomics morphs into Rodneynomics.
On Tuesday 16th June the Herald published a special section “Project Auckland” sponsored by a number of companies including Deloitte’s.
In it was an article by Fran O’Sullivan called “Cash in Auckland’s attic” which began: “Should Council’s consider realising their assets rather than hanging on to them?”
Fran quoted analysis produced by Deloitte’s at the Herald’s request.
Some of Deloitte’s suggestions:
“all or part of the capital “burden” of hese assets could be transferred to the private sector through PPP or concession arrangements:
Funny how big money is a burden when it doesn’t belong to the rich. I wish.
But it makes it clear why Mark Ford is in charge of getting Auckland ready for sale.