Key breaks Kiwibank pledge

In the May budget Key broke his pre-election promise not to raise GST.

Today, in the House, Jim Anderton foreshadowed what looks like the next unequivocal commitment that’s set for the chop.

The video is embedded below.

Key: “We won’t be cutting essential services, we’ll be growing them, and we won’t be selling Kiwibank either”

Campbell: “Sorry I just want to come in there…”

Key: “We won’t be selling Kiwibank”

Campbell: “Ever?”

Key: “No. I’ve ruled it out. We won’t be selling…”

Clark: “‘Eventually’, Bill English said…”

Key: “No, we won’t be selling Kiwibank”

So having promised no sale “ever” Key’s now committing only to no sale in the first term. Meanwhile, Bill English is clearly doing the groundwork for the sell-off if the Nats manage a second.

It’s looking more and more likely that asset sales will be the big issue next time ’round.

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