New Zealand PM defends state asset sales amid public disapproval (2)

12:52, May 30, 2011      

Email | Print | Subscribe | Comments | Forum 

A nationwide survey of 1,154 people by polling firm HorizonPoll the day after the Budget was delivered found 51.9 percent of respondents would not give a mandate to go ahead with the energy company sales and 18.2 percent were still undecided, while 46.8 percent would not give a mandate to plans to reduce the government 's majority stake in Air New Zealand, and 23.1 percent were still undecided.

Key said Monday that surveys that showed people were opposed to asset sales depended on people's understanding of what the government was trying to do.

"If you go back to the 1980s where Labour sold off a lot of assets, and then we did in the early '90s, it was a very different deal. They were trade sales, so we picked up that asset, we sold it as a chunk often to a foreigner overseas," he told the Breakfast program.

"That's not what we're proposing ... We're saying that the shares would be offered to Kiwi mums and dads first, we're saying that that money will be used to buy other assets to build up the assets that New Zealand needs, and we say we think that's a better investment alternative than a failed finance company. So it's a different proposition."

The asset sales look set to go ahead if the polling figures for party support hold till election day on Nov. 26.
【1】 【2】

Source: Xinhua
Wen Jiabao attends trilateral leaders' meeting of China,Japan and ROK
The Third China-U.S.Strategic and Economic Dialogue
  Weekly review  
May 27   Kim calls for close ties through generations
May 23   China intends to enhance friendship with Japan
May 23   Expert: Ecological problems not all due to Three Gorges Dam
May 24   Top military official's visit promotes China-US military ties
May 28   The week in pictures
May 25   'China fever' sweeps US tourism industry
May 26   US should not monopolize cyber affairs
May 26   Salty tide hits Shanghai as drought lingers
May 25   A new chapter for China-South Africa cooperation
May 27   Military trusted most of all Chinese institutions


  • Do you have anything to say?


Special Coverage
  • 3rd Anniversary Of Wenchuan Earthquake
  • Third China-U.S. Strategic and Economic Dialogue
Major headlines
Editor's Pick
  • Schiavone of Italy beats Jankovic of Serbia 2-1 at French Open
  • Kuznetsova beats Hantuchova 2-1 at French Open
  • Greeks stage massive protests against austerity measures
  • China claims champion of 2011 Sudirman Cup
  • Chinese top legislator meets with Speaker of Maldive parliament
  • Beijing-Shanghai high-speed train drops VIP section
Hot Forum Dicussion