The cost of asset sales

So far…

Looter’s Bonus Loyalty Scheme

$250,000,000-$500,000,000: Treasury

Best guess: $360,000,000: Finance and Expenditure Select Committee

Could be: up to $1,000,000,000

No idea: John Key

Brokerage fees

$90,000,000: $7 million this year, $66 million next, $17 million in 2014

$1,100,000: spent so far

Won’t say: Bill English

Iwi settlements over water rights

(not ownership, because no-one owns water. As ImperatorFish says: “It would be like claiming ownership of a cloud or the air we breathe, or the soil beneath our feet. Who ever heard of such a thing?”)

No idea: any of us, least of all John Key

Advertising / PR

$30,000,000 ($120 million direct costs, minus brokerage fees)

Won’t say: John Key or Bill English

Total: $370,000,000 – $?,???,???,??? – a fair chunk of the $6 billion the government hopes for, even before you add on:

Lost Revenue

$100,000,000 per year: government books worse off according to Treasury

Powered by WPtouch Mobile Suite for WordPress