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National’s failed asset sales

Written By: - Date published: 12:07 pm, October 26th, 2013 - 17 comments
Categories: assets, privatisation - Tags:

asset sales promise vs reality


17 comments on “National’s failed asset sales”

  1. QoT 1

    Well clearly it’s all the Greens’ and Labour’s fault for being open and transparent about their policies. The bastards.

  2. BLiP 2

    John Key’s mates will be happy – both with having the shares made available for later mass purchasing and now with $250 million paid out for clipping the ticket. To call the process a “failure” seems a matter of perspective.

  3. Lanthanide 3

    I think the costs of the sales is the really appalling part here, the sort of weakness the opposition can just bring up every single chance they get (the way National kept parroting the ridiculous “decade of deficits” line).

    • QoT 3.1

      $1,428 per investor, my trusty calculator tells me (and assuming no double-ups between MRP and Meridian investors, which is highly unlikely.)

      • David H 3.1.1

        So it makes you wonder if they will go for the record with Genesis, and Air NZ, you know $1750 per and $2000 per just to keep up appearances.

  4. Draco T Bastard 4

    The Greens have got the fading wrong. It should be the expectation that are dimmed and shadowy while the reality is bright and solid.

  5. tc 5

    They should also be asked to lay out what they are spending it on V the debt pay down so the swinging voters can see the emporers clothes.

  6. richard 6

    It’s nicely summed up in the herald –

    Bernard Hickey: Asset float a flop

  7. MeToo 7

    What’s my icon and do want to keep it?

    Okay, it’s okay.

  8. rich the other 8

    Failed ,perhaps not.
    The Latest Fairfax poll is out , green poison reigns supreme, aren’t they doing well.
    Landslide victory for the NAT’S, the sooner the better.

    • One Anonymous Knucklehead 8.1

      “Party Support

      National 54.3%”

      Fairfax poll September 2011. Actual election result: 47.3%

      And now it’s time for wingnut arithmetic: if 54% becomes 47% what does 50% become?

      • JLLJames 8.1.1

        53% obv.

        Besides, latest poll isn’t accurate as it doesn’t take into account people who don’t own a car not being able to get home in time to answer the phone. Deliberate bias.

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