Originally Posted by
Daytr
The best thing the Govt. could do with these assets is to keep them in public hands & make them non-profit by reducing private individuals power bills. It would have a massive stimulus effect on the economy putting money in the pockets of Mums & Dads & all New Zealanders that would be spent & multiply through the economy. Rather than making quite sizeable profits & then flogging them off for a discount, set aside a certain amount for infrastructure & renewable energy & then what is remaining reduces the cost of power for households which is excessive in NZ & going up at about double or more the rate of inflation. It will be interesting what the referendum result is, however unfortunately I suspect self interest will prevail. AIRNZ is a bit different as this was effectively a bail out, but perhaps its important enough for NZ as a brand & let alone provider of transportation & freight that it too needs to be controlled by the Govt.