Last week, TVNZ covered a MYOB poll that showed 50% of small business owners disagreed with asset sales and 21% supported it. That’s 2.5 to 1 of ones of National’s core votes opposed to its flagship policy. They oppose asset sales for a simple reason: the numbers don’t add up. They wouldn’t sell high profit assets to avoid low cost debt in their own companies, so why should the Government?
As I write, Key is on Breakfast. He’s very confident that when he announces the sale will go ahead today, and its a foregone conclusion that he will say that, the Maori Party won’t walk. He says he will be announcing a ‘complex process’ this afternoon, but I doubt it. The only ‘complex process’ I can imagine is that the Government has decided to set up a system of share allocation for affected iwi and hapu. But Key’s comments make that unlikely. He said that he can’t stop anyone from suing to stop the sales and that the Crown’s position remains that no-one ‘owns the water’ suggest he’s expecting an injunction, which he’ll fight with racial divisive language.
[Ha. Petra Bagust actually had the numbers on her for once when she questioned Key on the record emigration to Australia. Made him look like a complete idiot when she had a number ready to shoot down each of his excuses.]