Phony Tony

• Mike Smith
• 12 years ago
• Categories: Privatisation

The Herald reports that Tony Ryall “went on the attack about asset sales outside the House, saying that Labour had a history of privatising state owned assets, often doing so under urgency in Parliament back in the 1980s and early 90s.”

Ryall was elected to Parliament in 1990 – and it was a National government that  privatised the BNZ in 1992 and Tranzrail in 1993. Fay and Richwhite asset-stripped Tranzrail, essential infrastructure was run down, and  in the end Labour bought it back.

Ryall’s a phony. National’s asset sales programme is a dog.