Posts Tagged ‘privatisation’

Buy it back

Written By: - Date published: 1:07 pm, April 28th, 2008 - 21 comments

I see that the Wellington lines network has been sold. Given the network has been in in the hands of foreign investors before I can’t see a sustainable argument for blocking the sale as the Auckland Airport bid was blocked. I do think the government should have bought it back. Electricity is too important to […]

John Key on asset sales

Written By: - Date published: 8:03 am, April 15th, 2008 - 8 comments

Once bitten

Written By: - Date published: 1:48 pm, March 7th, 2008 - 33 comments

No surprise to see English fronting the Toll debate given Slippery John’s abysmal performance this week. Check out Bill in the background of this shot, are those daggers coming out his eyes? To his credit English gave much straighter answers about Toll than we would have got from Key and left little doubt about where […]

First planes, now trains

Written By: - Date published: 2:09 pm, March 6th, 2008 - 43 comments

It is looking more likely that the Government will buy back New Zealand’s rolling rail stock from Australian-based Toll. Toll has been a classic asset-stripper: buy a key piece of infrastructure that should never have been sold, take as much profit as possible with minimal investment, and force the Government to buy the infrastructure back […]

National: is there anything they won’t privatise?

Written By: - Date published: 4:03 pm, March 4th, 2008 - 17 comments

Burqa Bob wants to buy heartland rugby. In other news, Bill English plans to sell our sunshine hours to a Finnish consortium and Key has mooted flogging off our children’s laughter to the highest bidder. [Update: Kiwiblogblog doesn’t think it’s so funny]